India, March 3 -- The ongoing coronavirus outbreak, which has affected more than 90K people and claimed the lives of over 3,100 people across 77 countries, has slowed down the progress of global businesses. Companies are running out of raw materials, spare parts and the constant supply chain that China has built over the years. Not for B2B ecommerce marketplace IndiaMART.

Even as India's automobile and electronics industry suffers, IndiaMART has managed to avoid the impact from the outbreak, according to IndiaMART CEO Dinesh Agarwal.

With Indian businesses focusing on localising production in light of the problems in China, B2B marketplaces such as IndiaMART have seen a growth in sales inquiries for Indian sellers. Cofounder and CEO Aga...