Gulf shipping crisis squeezes India electronics: Haier, Whirlpool, Lava flag 20% output drop
Component lead times stretch to 10-14 days as inventory buffers shrink to 10 days from 25. TV microprocessor prices up 10-12%, memory chips 2-3x, with PCB and battery deliveries delayed 20%. Haier, PG Electroplast, Amber, Whirlpool, Super Plastronics and Lava all exposed ahead of festive demand.
Gulf shipping crisis and vessel shortages are disrupting Indian electronics and appliance makers, with Haier, Whirlpool, PG Electroplast, Lava and Super Plastronics reporting component shortages, longer lead times, and price hikes across PCBs, batteries, microprocessors and memory chips.