Since the start of the Russia-Ukraine war, global economies, including India’s, have been experiencing unsettling effects such as supply disruptions, inflation, price increases in commodity markets, and stock market declines. On the one hand, the government is analyzing the sectoral impact of the Russia-Ukraine crisis, which has the potential to create a slew of opportunities for Indian businesses.
In a one-on-one with SME Futures on the Russia-Ukraine conflict and its impact on the Indian economy, Saket Dalmia, Vice President of the PHD Chamber of Commerce and Industry, assesses the impact and sheds light on what kinds of opportunities the war will create.