India’s timber import market in crisis

India’s timber import market in crisis
India's biggest timber cluster at Kandla is staring at a dark future, with fears of production suspension, leaving workers in big numbers in the last two months due to the Covid-19 situation.    Indian wood products manufacturers fear suspension of production activity if the severe liquidity crunch caused by the disrupted payment cycle continues through May. The timber units in Kandla are presently working at 50% capacity.    Seventy percent of India's timber requirement is imported in Deendayal Port trust (formerly Kandla port) and Adani Group's Mundra port. The Indian ...

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