MUMBAI, 17 May 2020: COVID 19 and measures taken to control the pandemic are having a crippling effect on health and economic systems across the globe.
Considering the growing concerns and uncertainty around the COVID 19 pandemic, the Confederation of Indian Industry (CII) in partnership with South Asian AgTech Hub for Innovation (SAATHI) and Dalberg Advisors hosted an Online Roundtable to discuss the “Impact of COVID-19 on Indian Agribusinesses and Cross-Border Trade” on 10 April 2020.
Agriculture & food sectors, though a part of the essentials list are not immune to the disruptions the pandemic has caused in the supply chains and the financial markets, both domestic and international, and can expect interruptions in the coming months.
Through this roundtable, we received in-depth information from Indian agribusiness leaders on the short and long term impact of COVID-19, the impact of the pandemic on businesses reliant on international trade, potential opportunity areas across trade, food value chains, and technologies, and finally, recommendations that could help minimize the impact of Covid19 for agribusinesses and farmers.
This report compiles practical insights from industry leaders, in addition to relevant reports and news articles, to provide an in-depth understanding of the ground reality of COVID 19’s
Impact across eight agribusiness industries in India
4. Farm operations
5. Farm machinery
6. Warehousing and cold storage
The report then analyses each of these industries against four key impact areas
1. Supply chain and operations
2. South Asian and international trade
3. Regulations and guidelines
4. Demand and price fluctuations
The report ends with recommendations directly from industry
leaders and practitioners.