The footwear industry is one of the most rapidly expanding industries globally. Increasing demand for new and innovative footwear and the emergence of various global as well as regional brands across segments in the category is primarily driving the market.
Read MoreThe pandemic has caused supply chain problems and manufacturing disruption in the electric vehicle market in India. It is expected that there will be delays in the production as manufacturers will primarily be focusing on stimulating demand and producing BS-VI vehicles. Also, restrictions of import of components from China is expected to cause further delays. In July 2020 sales of high-speed EVs stood at 7,411 units as compared to 16,434 sold in January 2020.
Read MoreThe fishery sector is a crucial sector in the Vietnamese economy. The COVID-19 outbreak has caused export orders of seafood from Vietnam to be reduced by 30-50%. The orders have either been cancelled or put off and in the early part of the outbreak, producers had difficulty fulfilling the orders that did exist, due to shortage of material and labour.
Read MoreIn FY22 the seafood market in the nation is expected to recover boosted largely by rise in domestic demand. Though export demand is also expected to recover, increasing competition from nations including Ecuador, Vietnam and Thailand can prove to be challenging.
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