Coronavirus fear: Indian firms with global ops brace for supply disruptions

Indian companies, which have substantial operations in Europe, are bracing for the impact of a complete lockdown in the region due to the coronavirus pandemic.

The outbreak has already disrupted supply chains as well as production and would lead to job losses, warn analysts.

The Tata group, the Aditya Birla group, the Essar group and the JSW group are among conglomerates which have production units in Europe.

These companies are under tremendous pressure because of their reliance on international supply chains and owing to the falling demand.  

Tata Steel Europe, which has substantial operations in Europe, had already announced plans