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Machine builders are also struggling with delivery problems on foreign markets

Thursday, 11/11/2021 11:12 AM from

dpa-AFX

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FRANKFURT (dpa-AFX) – German machine builders are also struggling in important emerging countries with a lack of raw materials and intermediate products. After overcoming the corona restrictions, the extremely tense supply chains now dampened business, as the industry association VDMA reported on Thursday from its autumn survey of member companies. Nevertheless, there will be double-digit sales increases in Brazil, Russia, India and China in the current year. Without the disruptions, higher growth would undoubtedly have been possible, explained the association in Frankfurt.

In China, the companies did not expect any above-average growth impulses. The problems in the real estate sector particularly affected the providers of construction machinery and their suppliers. In India, on the other hand, things are going up steeply again after strong sales losses in the previous year. Only a few companies expected declining orders there./ceb/DP/eas

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