Supply chain shock will have a negative impact on domestic auto component industry, Auto News, ET Auto

Given the global slowdown, inventory build-up for export-oriented companies is expected in the coming months with a possible receivable stretch, ICRA added.
Presented the world-wide slowdown, inventory make-up for export-oriented providers is envisioned in the coming months with a achievable receivable stretch, ICRA additional.

New Delhi: The supply-chain have encountered numerous shock because of to coronavirus outbreak that will have damaging impact for Indian car part field, Ranking company ICRA mentioned in its newest report on Friday.

The COVID-19 supply chain disruptions will manifest into a demand from customers shock long lasting numerous quarters for the domestic field, the report mentioned.

Soon after conducting an comprehensive study across critical car part importers and exporters to recognize the impact of disruptions in the

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