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AURANGABAD: The coronavirus outbreak has hit industries in Maharashtra’s Aurangabad district, a prominent manufacturing hub, with companies finding it difficult to procure substitutes for Chinese parts. Companies have started sourcing products from other countries to continue their manufacturing without interruptions. “Aurangabad has more than 4,000 companies and some of them source parts from China. The …

Corona outbreak hits industries dependent on Chinese parts Read More »

A rapidly spreading viral outbreak is disrupting travel and business in China, which took unprecedented steps to lock down cities with a combined 40 million people around the epicenter in Wuhan to try to slow its progress. For global corporations, Wuhan is an important hub. Of about 2,000 cities in China with factories and other …

Coronavirus Update: How the Virus Is Affecting Global Business Read More »