India’s seaborne trade faces disruptions as infections rise
The reported renewed surge in coronavirus cases in India has prompted fresh lockdowns and movement restrictions across a number of states. This might result in supply chain disruptions
Although the most recent outbreak has had a limited impact on India’s seaborne trade so far, disruptions are likely in the near term, Arrow research said. It is claimed that the scale of any disruptions will depend on the effectiveness of restrictions and the speed of vaccine deployment