alternative destinations for investment to either to shift their manufacturing or making new investments this is the time india should transform this calamity into an unprecedented opportunity to make india the manufacturing hub and realise its make in india objective in real sense he added assistant professor and expert on agriculture economics chirala shankar rao said there is a need to give special focus on msme exporters who are engaged in agri products as there is a surge in demand for food products in global markets due to the coronavirus outbreak sharing similar views trade promotion council of india tpci chairman mohit singla said more than 100 per cent spike has been registered in demand for essential commodities such as rice wheat and pulses in the current crisis there will definitely be rebalancing of trade due to the current pressing situation where there is contraction of demand and consequently supply also getting disrupted due to the continued lockdown in several countries supply has suffered and the extent of damage will depend on the number of days lockdown persists he added global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic the wto on wednesday has said while warning that the numbers would be ugly world trade is expected to fall by between 13 percent and 32 percent in 2020 as the covid19 pandemic disrupts normal economic activity and life around the world the wto had said in a statement pti published on apr 9 2020 at 0445 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app coronavirus impact on msme indias manufacturing sector wto msme exporters covid19 pandemic homenewsindustrycovid19 pandemic to hit msme exporters more trade experts