{"id":303,"date":"2020-05-31T22:13:35","date_gmt":"2020-05-31T22:13:35","guid":{"rendered":"https:\/\/devinsighthub.wpengine.com\/business\/au\/?post_type=insight_resource&#038;p=303"},"modified":"2020-05-31T22:13:35","modified_gmt":"2020-05-31T22:13:35","slug":"how-covid-19-is-impacting-trade-and-supply-chains-in-india","status":"publish","type":"insight_resource","link":"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india","title":{"rendered":"How COVID-19 is impacting Trade and Supply Chains in India"},"content":{"rendered":"\n<p><strong>The coronavirus pandemic is an unprecedented challenge on a global scale. In just a few short months, the COVID-19 outbreak has disrupted trade, brought the travel industry to its knees and wiped trillions of dollars from stock markets worldwide.\u00a0<\/strong><\/p>\n\n\n\n<p>All over the world, containment measures are crippling production and spending, with a momentous economic impact. According to the United Nations\u2019 trade and development agency, the novel coronavirus could cost the world economy at least $1 trillion.<sup>[1]<\/sup><br><\/p>\n\n\n\n<p>In India, as in many emerging markets, the economic fallout could outlast the health crisis itself. Barclays predicts that India\u2019s 21-day lockdown alone could reduce GDP growth to 2.5 percent \u2013 down from its earlier estimate of 4.5 percent.<sup>[2]<\/sup><\/p>\n\n\n\n<p><br>India\u2019s corporate community will need to put sound business continuity plans in place to endure a pandemic of this scale, especially when so many organizations are having to suspend or limit operations during the lockdown period while still paying wages, taxes, electricity and other expenses.<\/p>\n\n\n<p><a href=\"https:\/\/connect.aem.thomsonreuters.com\/covid19-article-impact-on-trade?utm_source=insights\" class=\"btn btn-lg btn-primary\">Download Your Copy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The coronavirus pandemic is an unprecedented challenge on a global scale. In just a few short months, the COVID-19 outbreak has disrupted trade, brought the travel industry to its knees&hellip;<\/p>\n","protected":false},"author":135,"featured_media":0,"template":"","categories":[],"tags":[],"resource_type":[594],"insight_job_role":[],"insight_practice_area":[],"class_list":["entry","author-admincaceres","post-303","insight_resource","type-insight_resource","status-publish","resource_type-full-report","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How COVID-19 is impacting Trade and Supply Chains in India - TR - Business South East Asia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How COVID-19 is impacting Trade and Supply Chains in India - TR - Business South East Asia\" \/>\n<meta property=\"og:description\" content=\"The coronavirus pandemic is an unprecedented challenge on a global scale. In just a few short months, the COVID-19 outbreak has disrupted trade, brought the travel industry to its knees&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india\" \/>\n<meta property=\"og:site_name\" content=\"TR - Business South East Asia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india\",\"url\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india\",\"name\":\"How COVID-19 is impacting Trade and Supply Chains in India - TR - Business South East Asia\",\"isPartOf\":{\"@id\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/#website\"},\"datePublished\":\"2020-05-31T22:13:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Resources\",\"item\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"How COVID-19 is impacting Trade and Supply Chains in India\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/#website\",\"url\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/\",\"name\":\"TR - Business South East Asia\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insight.thomsonreuters.com\/sea\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How COVID-19 is impacting Trade and Supply Chains in India - TR - Business South East Asia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insight.thomsonreuters.com\/sea\/business\/resources\/resource\/how-covid-19-is-impacting-trade-and-supply-chains-in-india","og_locale":"en_US","og_type":"article","og_title":"How COVID-19 is impacting Trade and Supply Chains in India - TR - Business South East Asia","og_description":"The coronavirus pandemic is an unprecedented challenge on a global scale. 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