India is Sri Lanka's third-largest trade partner, and one of the largest contributors to foreign direct investment. The main exports to Sri Lanka include engineering items, skimmed milk powder, sugar, onions, and grapes. 90% of Sri Lanka's sugar consumption comes from India. India also relies considerably on the Port of Colombo for global trade, given the port's function as a hub for transferring shipments. Nearly 60% of India's total transshipment cargo and 30% of container traffic is handled by the port. Leading Indian companies in Sri Lanka including Indian Oil, Airtel, Taj Hotels, Dabur, Ashok Leyland, Tata Communications, Asian Paints, SBI and ICICI Bank.

Based on the above information and the information provided in question 22, explain how the Sri Lanka crisis will affect the following companies:

(a) Victoria's Secret, Puma and Levi's, who have dozens of clothing factories in Sri Lanka. (0.5 point, suggested word count 50)

(b) Clothing factories in neighboring countries like Indonesia, Bangladesh, and Vietnam. (0.5 point, suggested word count 50)

(c) MEIR Commodities India Pvt. Ltd., an agricultural commodity trading house exporting sugar, molasses, organics etc. (1 point, suggested word count 50)

Answer rating: 100% (QA)

a The Sri Lanka crisis can have a significant impact on companies like Victorias Secret Puma and Lev... View the full answer