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How supply chain shocks can derail green shoots of recovery

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₹20 a plate; yet another was peddling tempered glass for mobile phones; an alcohol shop was doing good business, with cars crowding around the store.

Meanwhile, parked cars and employee transport vehicles made an ant line on the streets leading up to the plants of Maruti Suzuki and Honda Motorcycle and Scooter India Pvt.

Ltd. (HMSI) — early signs the automotive cluster is springing back to life after being mothballed for nearly two months.In contrast, the parking lots of some nearby component makers don’t appear to be filled up.

Sure, the component makers have re-opened too, but one isn’t sure about their ability to quickly ramp-up and support the green shoots of recovery.

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