Coronavirus outbreak: Electronics companies stare at uncertain future

The recent outbreak of a novel coronavirus in China may affect Indian electronics and appliances majors’ business plans if the pandemic continues to spread till the second half of February. 

As a large number of components continue to be imported from the neighbouring country, makers of mobile handsets, air conditioners, television sets and refrigerators may face a supply crunch in coming months. With Chinese officials shutting manufacturing a large number of items, till February 9, local industry bodies like CEAMA and ICEA and manufacturers keep a close watch on developments.

According to Pankaj Mohindroo, chairman of ICEA, which has all major electronics