Assignment -02

Digital Marketing

Impact on Electrical &

Electronics Business – Covid-19

Submitted By:
Kreepa Shankar Chowrasia (A-36)
MBA – (General), Section - A
Submitted To:
Dr. Shiv Shankar Yadav
 IMPACT ON CORE BUSINESS

There have been a multitude of headlines and questions that have resulted in the past few weeks. The

recent epidemic of a coronavirus, called COVID-19, has left many of us worried and paranoid about

our own health - fearing to catch the virus by interacting with other people and performing daily tasks

such as public transport.

While coronavirus in China shows no signs of slowing down and parts of the country are quarantined,

Indian electronics industry fears supply disruptions, reduced production, and negative impact on

prices, revenues, product launches and local manufacturing. Experts said, if this situation continues,

sector expected to suffer by March. The sector which is under strong tension is the electronics

industry. A large part of the inputs required to manufacture electronic components traditionally come

from China. As new cases of coronavirus (COVID-19) raise fears of a global pandemic, the impact of

the closure across China has started to strike Indian companies, some very seriously. India's

electronics industry, which relies heavily on China - the world's second largest economy - for

components, sub-assemblies and even complete products, is seized with a sense of apprehension

about the impact of the new coronavirus. The companies and industry organizations with which

Business Line spoke said that other countries for these supplies or any other solution appear unlikely

to occur. They said that they were assessing the situation and thinking about what could be done.

While the province of Hubei and the eastern regions of China are hard hit, the main Indian industries

that depend on imports are stopping. It's not a bad story for India's exports to China, but imports to

several industries are feeling the pressure. According to Crisil, around 18% of India's total

merchandise imports come from China. India had a trade deficit of $ 159 billion in the 2019 calendar

and it remains a net importer from China (including Hong Kong) of $ 56 billion.

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IMPACT ON ELECTRICAL & ELECTRONICS
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1500s, when an unknown printer took
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IMPACT ON ELECTRICAL & ELECTRONICS
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