The pandemic has caused significant disruption to economic activity across the world as nations enforce lockdowns. China has been the biggest exporter of steel, chemicals, toys, rare earths, mobiles, electronics, garments, bulk drugs and many other items. Shutdown of manufacturing, transportation and shipping in various countries has disrupted supply chains of raw materials and end-use products. Most companies have realized the risk of depending too much on one country for their sourcing needs. Hence, there is scope for further diversification of supply chains, some of which could come to India.