India Inc's import dependence remains stable despite global supply risks: BoB Report
New Delhi, July 6 -- India Inc's import dependence has remained broadly stable despite concerns over global supply disruptions, with import intensity concentrated in only a few sectors rather than across the corporate sector, according to a report by Bank of Baroda.
The report examined the import-to-net sales ratio of a sample of 1,372 companies, excluding banks and financial companies, across various sectors to assess their vulnerability to rising input costs amid the recent West Asia crisis.
It stated, "India Inc's import to net sales ratio has broadly remained flat".
According to the report, rising prices of oil and metals have emerged as a key concern for industries that rely heavily on imported inputs. However, the analysis showed...
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