Companies in many industries across the globe are at a crossroads today, facing a series of changes that are reshaping the market landscape. Economic uncertainties driven by inflationary pressures, geopolitical tensions, higher interest rates and slower economic growth are forcing companies to rethink their strategies and operations to maintain a competitive edge and stay resilient.
‘Geopolitical tensions are putting pressure on energy and feedstock prices and rendering global logistics more complex and expensive. This is especially impacting the European environment, resulting in high cost and weak demand due to inflationary pressures,’ says Vikash Jalan, vice president of IR and planning . . .
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