Corporate India gears as a lot as hedge China provide threat amid Covid surge
The sectors in India that import from China consist of pharmaceutical (pharma), automobile (auto), textile, engineering, and digital goods
Coronavirus | China | Indian Commodity Substitute
Sohini Das Sharleen D’Souza Viveat Susan Pinto Shine Jacob Nitin Kumar
Remaining Updated at December 27, 2022 23: 35 IST
The surge in Covid cases in China has raised discipline over provide-chain disruption, particularly for Indian corporations that import severe parts and raw discipline cloth from the neighbouring nation. Between April and October this one year, imports from China grew nearly 18 per cent one year-on-one year to the touch $60.27 billion, fixed with information from the Ministry of Commerce.
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First Printed: Tue, December 27 2022. 23: 35 IST