Resilient or fragile? modelling economic disruptions in India's electronics sector due to the Red Sea crisis

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dc.contributor.authorSarkar, Bishal Dey
dc.contributor.authorGupta, Laxmi
dc.contributor.authorJagtap, Sandeep
dc.date.accessioned2025-02-05T09:19:43Z
dc.date.available2025-02-05T09:19:43Z
dc.date.freetoread2025-02-05
dc.date.issued2025-02
dc.date.pubOnline2025-01-17
dc.description.abstractThe Red Sea crisis and the recent attacks on commercial ships have drawn significant attention worldwide, underscoring the need to understand how such geopolitical conflicts can disrupt global supply chains and economic stability. This paper thoroughly examines the complex impacts of the crisis on India's electronics and photonics sector, recognizing the sector's crucial importance as a fundamental pillar in the country's economic structure. The study creates a mathematical model to assess how disruptions in the Electronics and Photonics Sector affect India's economy in light of the Red Sea Crisis. The model uses two specific methods: interval programming and input-output modelling. How disruption in one area of the economy ripples to another is studied using Wassily Leontief's Inoperability Input-output Model (IIM). IIM now includes interval programming to handle data uncertainties. The findings disclose that, because of the Red Sea crisis, Indian Sector has experienced a huge economic loss of 605.52 million USD. The study also determines which sectors are anticipated to suffer significant losses due to the crisis, allowing decision-makers to prioritize their investment plans. Further, the research uses the inoperability value to analyse the interconnections between the sectors. Additionally, a decision-support conclusion is included in the research to analyse the sectors under various situations.
dc.description.journalNameJournal of Transport Geography
dc.identifier.citationSarkar BD, Gupta L, Jagtap S. (2025) Resilient or fragile? modelling economic disruptions in India's electronics sector due to the Red Sea crisis. Journal of Transport Geography, Volume 123, February 2025, Article number 104121
dc.identifier.eissn1873-1236
dc.identifier.elementsID562928
dc.identifier.issn0966-6923
dc.identifier.paperNo104121
dc.identifier.urihttps://doi.org/10.1016/j.jtrangeo.2025.104121
dc.identifier.urihttps://dspace.lib.cranfield.ac.uk/handle/1826/23455
dc.identifier.volumeNo123
dc.languageEnglish
dc.language.isoen
dc.publisherElsevier
dc.publisher.urihttps://www.sciencedirect.com/science/article/pii/S0966692325000122?via%3Dihub
dc.rightsAttribution 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectEconomy loss
dc.subjectInteroperability
dc.subjectInterval programming
dc.subjectInput-output modelling
dc.subjectRed Sea crisis
dc.subjectElectronics and photonics sector
dc.subject3509 Transportation, Logistics and Supply Chains
dc.subject35 Commerce, Management, Tourism and Services
dc.subjectGeneric health relevance
dc.subjectLogistics & Transportation
dc.subject3304 Urban and regional planning
dc.subject3509 Transportation, logistics and supply chains
dc.subject4406 Human geography
dc.titleResilient or fragile? modelling economic disruptions in India's electronics sector due to the Red Sea crisis
dc.typeArticle
dc.type.subtypeJournal Article
dcterms.dateAccepted2025-01-13

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