48.4 billions
http://www.thehindu.com/news/national/indiachina-trade-deficit-swells-34-to-48-billion/article7201545.ece
Interesting enuff,even for their much bragged pharma industry, much of the raw material came from china(oct 2014 article)
http://articles.economictimes.indiatimes.com/2014-10-29/news/55559092_1_essential-drugs-bulk-drugs-apis
My suggestion to address the trade imbalance with china
1)Export more beef and food to china
2)Import more from germany and japan to replace cheap import from china