Development of innovative products during the challenging Times

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A variety of sanctions have been imposed or contemplated on Russia by many countries. These include the freezing of assets, investments, purchase of sovereign debts, access to fintech solutions, banning the use of airspace, stock exchanges, blacklisting of politicians and officials, and so on. These factors have impacted the availabilities of numerous materials India was imported from Russia and Ukraine. The turmoil in the Black sea route has added to the logistics issues. Russia is the second-largest producer of ammonia, urea, and potash. Two, out of these three, materials are imperative in the manufacture of explosives (for mining and rock blasting operations). Explosive (for mining and rock blasting) industries will be impacted. Costs of production and working capital will skyrocket. Mining activities are likely to be adversely affected. A solution is urgently required, andin this video communication the solution to the problems are discussed.

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