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    Coronavirus and its impact on the Indian consumer durables industry

    Sachin Pal
    February 28, 2020 / 02:28 PM IST
    Coronavirus and its impact on the Indian consumer durables industry

    PRO Only Highlights
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    The spread of coronavirus in China has thrown the global economy and businesses into a panic. The Indian consumer durable sector is also feeling the heat as the companies rely heavily on China for their parts and raw materials. In FY19, India imported electrical & electronic products worth 60 billion dollars. Of this, almost 55-60 per cent of India's import requirements were met by China. Wuhan, the epicentre of the coronavirus outbreak, has been under lockdown since the last week of...

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