Marico provides update on domestic operations

Image
Capital Market
Last Updated : Apr 23 2020 | 2:50 PM IST
Marico announced that most of its manufacturing units have now opened up, based on the Government Orders/Advisories to ensure continued supplies of essential food and groceries to the consumers. While operations at most of the units have scaled up reasonably, a few units continue to grapple with local restrictions and labour unavailability.

The Distribution network has now considerably improved with the help of e-passes issued by local governments. The Company is also trying out newer ways of reaching the consumers such as typing up with food delivery platforms like Swiggy and Zomato, launching direct to consumer portal (https://stores.saffola.in/) for consumers to place orders directly, etc.

The Company is working with other FMCG companies to implement the Suraksha Stores initiative

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 23 2020 | 2:26 PM IST

Next Story