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Weak demand continues to be a main challenge for companies: Survey

More companies (5 percentage points) now expect the economy to come to normal levels in one year than in June

Topics
FICCI | Indian companies | Economic slowdown

Indivjal Dhasmana  |  New Delhi 

companies, automobile, industry, production, workers, manufacturing, jobs, employment, auto, cars, auto component makers, companies, economy, growth
Weak demand continues to be the key bottleneck for companies as 68 per cent of the firms have called this their biggest challenge in August

A survey, conducted by industry chamber and Dhruva Advisors, showed that weak demand continues to be the key bottleneck for as 68 per cent of the firms have called this their biggest challenge in August, against 57 per cent in June.

This indicated the kind of push from the government that the are looking for. In fact, more (5 percentage points) now expect the economy to come to normal levels in one year than in June.


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First Published: Wed, September 09 2020. 23:19 IST
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