New Delhi, Aug. 26 -- For years, the story of India's trade gap has had a familiar villain: crude oil. But now, another problem has begun showing up-India's non-petroleum trade deficit has crossed that of petroleum products. Since 2022-23, non-petroleum trade deficit has been 1.4-1.8 times that of petroleum products, with a sizeable chunk sitting with arguably the biggest success of the Make in India initiative: the electronics segment.The recent West Asia war has underlined how high import dependence could translate into larger economic vulnerability. However, even in non-disruptive times, import dependence has been one of the key issues for India, more so in the non-petroleum sector. In 2025-26, India recorded $334 billion trade deficit...