Auto Expo: Coronavirus may take toll on Chinese auto firms\' India plans

Auto Expo: Coronavirus may take toll on Chinese auto firms' India plans

Delivery & launches may get delayed as most companies depend on China for sourcing materials

Arindam Majumder & Shally Seth Mohile  |  New Delhi/Mumbai 

As China struggles to contain the Wuhan-centred coronavirus outbreak, the resulting shutdown of factories and logistics hubs in the country is slowly constricting business of Chinese auto majors, which have recently entered India. The consequent pressure on supply chain, in which most Chinese companies depend on the Indian market, is likely to lead to delayed deliveries for some and postpone launches for others. “It’s an unfortunate development.

Since we are dependent on China for supply of major components, we will be impacted for a while. So, deliveries for our MG ...

First Published: Wed, February 05 2020. 22:29 IST