Branch2 Intelligence
Odisha On High Alert As Bay Of Bengal Depression Intensifies; IMD Warns Of Flash Floods
Key takeaway
Bay of Bengal depression intensifies, IMD issues red alerts for flash floods in 5 Odisha districts.
- Step 11st-order: Bay of Bengal depression intensifies, IMD issues red alerts for flash floods in 5 Odisha districts.
- Step 22nd-order: Heavy rain and flooding disrupt mining operations (iron ore, coal) and logistics (rail, road) in Odisha, reducing output and delaying shipments.
- Step 33rd-order: Tightening supply of key raw materials (iron ore, coal) raises input costs for steel, cement, and construction SMEs across India, squeezing margins.
Source: IN:NDTV Profit
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