09 APRIL 2021 07:55 IST | ENGLISH | MONEY & FINANCES | GENERAL AUDIENCE
Vivek Iyer
Endurance Technologies in an interview to ET NOW discussed the impact of the lockdown on the entire automobile sector and how the supply chain was affected.
Key takeaways
• Impact of second wave not felt immediately
• Ripple effects are felt later post the lockdown
• May see an impact later on, so far supply and scheduling patterns not disrupted
• Caution from OEMs is to ensure sufficient supply & stock inventory
• No impact seen presently, further restrictions may impact inventory levels
• Not seen any slowdown in terms of slowdown and supply chain
• Will not be surprised if we see further stringent action taken to curb spread of the virus
• Not seeing panic among employees, as people are more aware and taking home quarantine measures
• Shortage of components is a ripple effect from the previous lockdowns
• Shortage of containers too is having an impact on raw materials
• Paying much higher rates to shipping companies due to shortage of containers