Lockdown, protests in China may impact key sectors in India: Report

In October, India's engineering exports to China fell 64 per cent and there has been a fall in demand for cut and polished diamonds as well as gold

The protests in China against the restrictions under its Zero-Covid policy could impact India's consumer goods including gold, electronics, and engineering goods. The fall in demand due to the lockdown as well as disruption in the supply of inputs from China may impact several sectors, a report in the Economic Times (ET) said. 

In October, India's engineering exports to China fell 64 per cent. There has also been a fall in demand for cut and polished diamonds as well as gold. 

There is also a slowdown in the supply of components from China. India's industry representatives told ET that the