New Corona Damaged Japanese Company Due to Blockade across India April 4 5:07
In India, where blockages are continuing throughout the country due to the spread of the new coronavirus, 80% of Japanese companies operating in the country have temporarily closed their offices and factories, and a questionnaire said that there was a major obstacle to their operations. I found out from the survey.
In India, the entire country has been blocked for three weeks from 25th of last month to prevent the spread of the new coronavirus, but the Japan Chamber of Commerce and India and JETRO New Delhi Office have jointly conducted a questionnaire survey to determine the impact on Japanese companies. And received responses from 272 companies.
According to the report, about 80%, or 220 companies, were forced to temporarily close their offices and factories, causing major disruptions to operations, as well as declining production and sales. .
Approximately 70% of the 197 companies reported that their supply networks and supply chains for parts and components were damaged, and some reported problems with cash flow and paying employees.
On the other hand, about half of the companies say they are taking measures to return all or some expatriates to Japan due to concerns about the spread of infections in India where medical conditions are poor.
"As a matter of fact, we have no open offices and factories, so production is not possible at all. In the future, even if lockdown is released, the supply chain will be quickly revived." And we are concerned about the prolonged impact. "