The development has further increased freight costs by 40-50% — having almost doubled in the past three months — with companies saying they will be compelled to increase prices. China accounts for 60-70% of components used in electronic goods made in India.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3B7Q7q7
Sunday, August 22, 2021
China Covid curbs hit electronic cos’ output
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