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Electronics, auto cos hope to weather China curbs for now

September 12, 2022
Source: indiatimes.com indiatimes.com
News Snapshot:
Some like German appliance brands Bosch and Siemens are facing delay in shipments of high-end built-in appliances, microwave ovens, washing machine and cloth dryers due to restrictions in China, and expect them to arrive with a month's delay. Neeraj Bahl, managing director of BSH Household Appliances India that makes Bosch and Siemens appliances, said shipments are ready but due to restrictions in China, there are no connecting vessels. "We may lose out on some festive sales, especially the high-end models where supplies are affected," he said. Apart from disruptions caused due to fresh Covid-19 restrictions, a heatwave in parts of...
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