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Oxygen diversion to have limited impact on manufacturing sector: Analysts

Revenues of small and mid-sized companies into metal fabrication, automotive components, shipbreaking, paper, and engineering may get impacted temporarily, says CRISIL.

Topics
Oxygen | Crisil ratings | Manufacturing sector

Puneet Wadhwa  |  New Delhi 



Oxygen
Representational image (Photo: PTI)

The diversion of from industrial units to hospitals may pose a near-term challenge for select industries, say analysts, who say the disruption is unlikely to cause a long lasting damage in revenues of the impacted companies. However, a prolonged and intense second wave that curtails supply to industries for a longer period than expected will exacerbate downside risk in affected sectors, they say.

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First Published: Wed, April 21 2021. 14:58 IST

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