India Inc sees supply chain strain from Middle East conflict, backs govt response
The ongoing conflict in West Asia is beginning to disrupt global shipping routes, energy markets and supply chains, with Indian companies already seeing shipment delays and pressure on key inputs, according to the Confederation of
The industry body, however, said that India entered the crisis from a position of strength and the government has moved quickly to manage the fallout.
In a statement issued on Sunday, CII Director General Chandrajit Banerjee said the conflict has started affecting
and raw material availability for sectors dependent on cross-border logistics.
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