A FEW MONTHS into the Covid-19 pandemic, the world was in disarray. And it wasn't just about fighting the virus. Lockdowns in China and disruptions to the supply chain hit economic activity; especially affected was the electronics industry, which was at the core of keeping people connected in those tough times.
Cut to more than two years later. There has been a rise in infections in China, and that is spreading to different parts of the world. While a majority of people are vaccinated in India and enterprises have their business continuity plans in place, what about manufacturers, more specifically the electronics industry? Industry players say that most companies should be able to hold out for a couple of months or so, owing to learnings from past experiences.
Accounting for the Chinese New Year, companies such as home appliances major Godrej Appliances have stocked raw materials in advance that will help them steer through the disruptions, at least for the January-March period. "We get some electronic items such as motors, relays, gearboxes, timers, etc., from China… [but] have not witnessed disruptions… as most of the raw material and components required for production in the March quarter have either reached [us] or are [already] in transit,” says Kamal Nandi, Business Head and Executive Vice President of Godrej Appliances.
Esta historia es de la edición February 05, 2023 de Business Today India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición February 05, 2023 de Business Today India.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
The EV Craze
The country’s growing luxury car market is seeing a shift with environmentally-conscious consumers betting on electric vehicles as a sustainable travel option. Though just 6%, the share of EVs in the luxury segment is rising rapidly
The Storage Boom
Data centres are being built at a frenetic pace in india as companies scramble to meet the ballooning demand from mobile phone users and firms adopting al. Can the country’s energy infrastructure keep up?
India Beckons
Owing to rising incomes in India and overall wealth expansion, luxury brands are wooing the country like never before
The Pearls of The Sea
Caviar, that rare food, is considered the epitome of fine dining. Here is everything that you need to know about it
66.Brand persona should define the core"
I’d say this was a strategic pivot. We had an iconic brand, but had, over time, evolved into diversified lines of businesses that could no longer be represented within the confines of our ‘name’.
Unwind in Style
Here is acomprehensive list of top tech picks that help you unwind by blending perfection in performance with luxury
A Lifelong Affair with Inspiration
In my art journey, the diversity of my acquisitions mirrored the expanding horizons of my understanding of art
Make it Bubbly
Champagne is much more than just a symbol of celebration and success. Know about its nuances beyond the bubbles
Palatial Splendour
Buoyed by renewed demand, sales of the glitzy mansions of the ultra-rich are surging like never before. Real estate majors are looking to capitalise on this by launching luxury offerings in record numbers
Of Beaches and Cream
GianChand Single Malt Whisky