Supply chain of auto components could be impacted, if the coronavirus outbreak extends, a brokerage report said on Friday.
According to Emkay Global Financial Services, India OEMs source a small portion of the component requirements from Chinese vendors.
“Components are mainly electronic parts such as PCBs, Sensors, ECUs, Fuel systems, EV components, etc, and are supplied from production sites such as Guangdong, Yangtze River delta, Sichuan and Shaanxi, which are away from the Epicenter,” the report said.
“Although Chinese suppliers represent only a part of the supplies and other sources exist, there could be delays in the activation of alternative supply-chains and increase in costs for Indian OEMs, at least in the near term, in our view.”
On the flip side, the report said that global commodity correction could be positive for battery, tyre companies.
“In the near term, the reduction in ‘Lead’ prices can positively support margins for battery companies… even after assuming 75 per cent pass-through in replacement and industrial segments,” the report said.
“Meanwhile, tyre companies… can benefit from a reduction in the prices of crude derivatives by up to 60 bps, after assuming 75 per cent pass-through in the replacement segment. An increase in steel prices could marginally impact the margins for CV and tractor OEMs, while the impact is expected to be more than offset by lower ‘Aluminum’ prices for 2W OEMs.”
The novel coronavirus originated in Wuhan at the end of 2019. The overall death toll due to coronavirus increased to 1,380 in China at the end of last Thursday, with 63,851 confirmed cases.
The new virus, which is of the same genre as SARS which broke out in 2003 but has spread at a much faster pace, was first reported in the WHO Disease Outbreak news on January 5. It has progressively spread across many countries from its epicentre in Wuhan.
In a bid to curb the spread of the virus, Chinese authorities have closed transportation services across many parts of the country, including Wuhan.
Many factories producing auto parts, electronics components and even activated pharmaceutical ingredients have been shut to contain the spread of the virus.-IANS News
where to buy generic clomiphene no prescription where can i get generic clomid without dr prescription can i buy clomiphene pill can i buy cheap clomiphene cost of generic clomid online where to buy cheap clomiphene price clomid generic
Good blog you procure here.. It’s intricate to on strong quality belles-lettres like yours these days. I truly appreciate individuals like you! Take care!!
Thanks on sharing. It’s first quality.
azithromycin medication – ciplox 500mg without prescription how to buy flagyl
how to buy rybelsus – semaglutide order buy periactin pills for sale
augmentin 1000mg oral – atbioinfo order
nexium 20mg capsules – anexa mate buy nexium for sale
order generic medex – cou mamide buy generic cozaar
buy mobic tablets – relieve pain order meloxicam 7.5mg for sale
ed pills comparison – fast ed to take ed pills no prescription
buy diflucan 100mg sale – https://gpdifluca.com/# order diflucan 200mg online cheap
order escitalopram 10mg generic – this lexapro 20mg us
purchase cenforce without prescription – https://cenforcers.com/ buy cenforce 50mg online
cialis after prostate surgery – https://ciltadgn.com/# best price cialis supper active
where can i buy tadalafil online – https://strongtadafl.com/ how long does cialis take to work 10mg
order ranitidine online – https://aranitidine.com/ buy ranitidine 300mg online
sildenafil 100mg price india – https://strongvpls.com/# order viagra walgreens
More posts like this would add up to the online elbow-room more useful. neurontin 600mg pills
More peace pieces like this would urge the web better. https://ursxdol.com/provigil-gn-pill-cnt/
More content pieces like this would insinuate the интернет better. https://prohnrg.com/product/omeprazole-20-mg/
I am actually enchant‚e ‘ to glance at this blog posts which consists of tons of worthwhile facts, thanks for providing such data. aphrodisiaque cenforce
The sagacity in this ruined is exceptional. https://ondactone.com/spironolactone/
More text pieces like this would make the web better.
where to buy clopidogrel without a prescription
The reconditeness in this tune is exceptional. http://iawbs.com/home.php?mod=space&uid=914825
dapagliflozin online buy – https://janozin.com/# dapagliflozin us
xenical online order – this purchase xenical generic
Good blog you have here.. It’s hard to find high status writing like yours these days. I really appreciate individuals like you! Take mindfulness!! http://fulloyuntr.10tl.net/member.php?action=profile&uid=3210
You can keep yourself and your ancestors nearby being heedful when buying pharmaceutical online. Some druggist’s websites control legally and offer convenience, solitariness, rate savings and safeguards over the extent of purchasing medicines. buy in TerbinaPharmacy https://terbinafines.com/product/zoloft.html zoloft
You can shelter yourself and your family by being heedful when buying medicine online. Some pharmaceutics websites manipulate legally and put forward convenience, reclusion, rate savings and safeguards for purchasing medicines. buy in TerbinaPharmacy https://terbinafines.com/product/dilantin.html dilantin
This is the description of content I enjoy reading. TerbinaPharmacy
Thanks towards putting this up. It’s well done.