Tamil Nadu MSMEs Hit By Raw Material Inflation, Logistics Challenges And Fuel Shortages
Chennai, June 1 -- Tamil Nadu's micro, small and medium enterprises (MSMEs) are facing mounting pressure from the ongoing West Asia conflict, with rising raw material costs, supply chain disruptions, logistics challenges, and fuel shortages impacting production across key sectors.
Rising Input Costs And Logistics Challenges Hit Manufacturers
The Ambattur Industrial Estate Manufacturers' Association said logistics and delivery costs have increased by 25-30 percent due to higher freight rates, shipping delays, fuel price volatility and supply-chain disruptions, reported the Times Of India.
Association President G. Ravichandran noted that input costs have risen sharply, with tungsten carbide prices up nearly 300 percent and plastic raw ma...
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