New Delhi, April 3 -- The West Asia conflict may put some pressure on export volumes of the Indian automobile sector, leading to an increase in freight rates, higher commodity costs and potential supply chain disruptions due to logistical uncertainties, according to brokerage firm Antique Stock Broking.
The report says that automobile companies may head towards diversification of energy and calibrate their supply chain due to geopolitical tensions.
The ongoing war in West Asia, involving the US, Israel, and Iran, has invited "incremental uncertainty, especially for the Tier two and Tier three auto component suppliers. The situation also erupts as the companies face challenges in realigning their production process.
However, the brokera...
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