TaxTMI 
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TaxTMI 
Impact of Coronavirus on Supply Chain
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....mpact of Coronavirus on Supply Chain <br>News and Press Release<br>Dated:- 17-3-2021<br><BR>The Corona Virus outbreak in China initially impacted the supply chains of Indian industries which are depen....
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....dent on China for import of components, intermediaries and raw materials. Thereafter, the Chinese production resumed during the year. However due to the global supply chain shocks on account of the pa....
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....ndemic, countries are seeking to build resilience in their supply chains to reduce over-concentration of import sources. The Government engaged with the Export Promotion Councils and Trade Bodies to ....
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....address potential disruptions in their supply chains, secure and transport inventories available with various suppliers, and accordingly put them in touch with our Missions abroad. The Missions facili....
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....tated several Business-to-Business virtual meetings to broaden the supply base of the domestic industry. The Government has also launched schemes such as Production Linked Incentive Schemes (PLIs) to....
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.... promote domestic manufacturing capacities in critical sectors such as Key Starting Materials/Drug Intermediates, Active Pharmaceutical Ingredients apart from electronic components & mobiles etc. Thes....
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....e would broaden the base of the supply chains and make products available at competitive prices. This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Har....
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....deep Singh Puri, in a written reply in the Lok Sabha today.<BR> News - Press release - PIB....