Sunday, September 19, 2021
Farmers Debt Relief

77 shaheed soliders

516 sewa kendras

9300 cr Investment

helpline portal

jallianwala bagh


Markfed Sept to Nov

Innocent Admission

COVID-19: India’s electronics, chemical sectors may be hit

- Advertisement -

New Delhi, Feb 18, 2020-

The novel coronavirus outbreak in China is likely to impact India’s electronics and chemical sectors, a Kotak report has said.

The report said that chemicals and related sectors like pharmaceuticals, as well as electronics and electrical machinery are ‘high risk’ sectors after the outbreak of the disease.

India imports the majority of electronic products from China and exports chemicals and pharmaceutical products to that country.

“However, we believe that the macro impact as a fallout of disruptions in China will be limited, assuming that the COVID-19 spread stabilises hereon, and large exporting hubs in China remain relatively less affected. However, if production disruption in China is further prolonged, the import-dependent sectors will have significant supply risks,” said the report.

It said there was an opportunity too for the domestic producers. “Sectors such as automobiles, chemicals, electrical equipment, machinery, iron and steel products, pharmaceuticals and so on contribute around 60 per cent to India’s manufacturing GVA and around 10 per cent in the overall GVA.

“In services, travel and tourism will be at some risk with around 2.7 per cent of total foreign tourist arrivals from China along with around 21 per cent of air passenger traffic (both to and from India) dependent on China, Hong Kong, and Singapore (only China is around 1 per cent),” said the report.  (Agency)

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Joe Biden

Joe Biden’s QUAD summit could yield up to $100bn in military sales – by Robinder Sachdev

US President Joe Biden will be hosting the QUAD countries' heads of governments summit this coming week, in Washington D.C. – comprising of the...
Taliban captures Kandahar

Finally, the Taliban are on the receiving end – by Amjad Ayub Mirza

London, Sep 17, 2021- As missiles came raining down on Kabul during the early afternoon of September 16, it sent a disturbing message across...
Rahul Gandhi Congress Neon

RaGa’s Kashmiri Pandit solidarity may be an assertion for electoral gain – By Deepika Bhan

Thirty-one years after the exodus of Kashmiri Pandits from Kashmir, the Nehru-Gandhi family has for the first time unambiguously spoken up for the community....


Health & Fitness


Is gallbladder gangrene a new post-Covid risk?

New Delhi, Sep 17, 2021- Doctors at Sir Ganga Ram hospital (SGRH) here on Friday reported five cases of gallbladder gangrene among people two months after they recovered from Covid-19 infections. The gallbladder is a small, pear-shaped organ on the right side of the abdomen, beneath the liver. Its function is to store bile needed for the digestion of fats...

Gadgets & Tech

error: Content is protected !!