Business Standard

Mixed spread ahead for packaged-foods SMEs: CRISIL SME Tracker

The extended lockdown to stem the spread of the Covid-19 pandemic has disrupted supply chains and hampered factory operations.

food, demand, sales, FMCG, consumer, customers, coronavirus
Premium

While large players have been able to smooth down their supply chain issues over April and May, SMEs have found it challenging. Indeed, large players have been able to gain shelf-space and, consequently, market share amid the lockdown.

Business Standard
Small and medium enterprises (SMEs), which make up almost three-fourths of India’s Rs -1 trillion-a-year packaged foods industry, are headed for a mixed bag in the current fiscal year.
 
The extended lockdown to stem the spread of the Covid-19 pandemic has disrupted supply chains and hampered factory operations due to the scarce availability of labour and restrictions on movement of goods across India, hurting SMEs more than large players.
 
While large players have been able to smooth down their supply chain issues over April and May, SMEs have found it challenging. Indeed, large players have been able to gain shelf-space

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 22 2020 | 7:39 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com