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India’s Covid crisis could blight the global recovery Scale of the outbreak presents a significant risk to other countries, several of which are key to UK companies supply chains 29 April 2021 • 6:00am The Covid crisis engulfing India could blight the global recovery as companies are forced to shut down operations and an economy of 1.4bn people comes to a crashing halt, experts have warned. Lockdowns are being reimposed across the country in a bid to shore up its collapsing heath system and curb a brutal second wave of infections. Ratings agency S&P appeared poised to lower growth expectations for India as a result, while global firms with operations in the country are racing to set up war rooms than can secure scarce oxygen and medicines for staff.

Andhra pradeshUnited kingdomTamil naduCity ofEwen stevensonGordon ramsayOle hansenGargi raoFhaheen khanSamiran chakrabortyInternational monetary fundConfederation of british industryGoldman sachsVirgin mediaBritish retail consortiumSaxo bank