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Severe container shortage pushing up exporters' cost of doing business

This is an unusual imbalance caused by the lag in the revival of domestic demand following the Covid-19 lockdown

Severe container shortage pushing up exporters’ cost of doing business
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This shortage has a knock-on effect. Fewer containers also translates into a shortage of imported inputs, such as speciality steel and semiconductors, impacting the entire supply chain

T E Narasimhan Chennai
The modest revival in exports has brought some cheer to a whole swathe of industries from automobiles to textiles. Exporters would have been cheering louder had their efforts not been limited by the most basic of shortages: Containers.

This is an unusual imbalance caused by the lag in the revival of domestic demand following the Covid-19 lockdown. In normal times, shipping companies usually have more empty containers on offer to transport Indian exports, since imports are higher than exports. This time, subdued imports — a function of poor demand in India — has meant that there are fewer containers entering Indian

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