Tuesday, February 25, 2020

Coronavirus: Evaluate airlifting China consignments, Centre asks industries

New Delhi: The Ministry of Civil Aviation has reached out to several industries asking their views on airlifting consignments from China, as the coronavirus outbreak continues to disrupt business. However, the move may not be practical or feasible, given the challenges involved.

The direction from the Ministry of Civil Aviation came following a finance ministry-led meeting to address supply chain issues of the Indian industry. Following that, a note was sent to associations of various industries, asking for their requirements.
However, ministry officials confirmed that no final call has been taken regarding the flight. “We haven’t planned any flight till now. The idea is to check what the industry wants and decide if such a flight is feasible or not,” said a ministry official.

The India Manufacturers’ Association of Information Technology (MAIT) has welcomed the move.

Almost two weeks after the official reopening date, many factories across China remain shut, which will cascade down to manufacturing in India as its supply of raw material and equipment is disrupted, MAIT added.

As MAIT and others speak to their member companies, there is no clarity on whether such a move will fructify.
25/02/20 Arindam Majumder & Neha Alawadhi/Business Standard

To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment