Concepedia

TLDR

COVID‑19 lockdowns triggered global supply‑chain disruptions, prompting a focus on cost minimisation and timely delivery amid rising demand and supply slowdowns. The study proposes policy reforms to strengthen Indian markets and reduce import dependence, offering solutions to mitigate supply‑chain vulnerabilities. The authors report that supply‑chain disruptions in India have prompted measures that strengthen logistics, create jobs, and boost GDP growth.

Abstract

Before the imposition of the strict lockdowns and the spread of COVID-19, the disruptions in China caused a ripple effect on the global supply chains. Emphasis has been laid on minimisation of costs and timely delivery of essential products. In India, as the situation worsens due to the outbreak, we have seen disruptions in the logistics supply chain. There are several reasons attributed to the increase in demand and slowing of the supply. There are several workable solutions available to look into this situation. We should work towards promoting Indian markets and amend policies to help the local workforce lessen the interdependencies of imports on other countries. This will help in strengthening the logistics supply chain in India. This will create employment opportunities and increase the GDP growth.

References

YearCitations

Page 1