India joins US-led group on structural excess capacity

India has joined a coalition with the United States and other economies to address excess capacity in key industries dominated by China, such as automobiles and semiconductors. The group will coordinate actions against non‑market practices that disturb global markets. Technical meetings are planned before December 2026 to share findings and develop strategies.

India has officially joined a coalition with the US and several other economies to tackle excess capacity. This coalition focuses on five sectors, including automobiles and semiconductors, that are primarily dominated by China. Countries in this group aim to coordinate actions against non-market practices that disrupt global markets. They plan to meet at a technical level before December 2026 to discuss their findings and strategies.

Summarised by Agaah from Times of India Business. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.