Gulf shipping crisis squeezes India's electronics makers; output drops 20%, inventories halved
Haier, PG Electroplast, Amber, Whirlpool and Lava are running 20% below planned output as Mundra vessel shortages and 10-14 day shipment delays starve PCB, battery and chip lines. Memory chip prices have tripled, TV microprocessors are up 10-12%, and inventories sit at 10 days versus 25 normally.
Indian consumer electronics and appliance makers face component shortages and production cuts as Gulf shipping crisis, vessel shortages at Mundra, and labour gaps disrupt PCB, battery, microprocessor and memory chip supplies, driving steep price hikes.