Pune: For the first time since April 2020 when the month on month recovery started, the production levels especially of micro and small firms have fallen by about 2 per cent, says the twelfth survey conducted by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA).

“Increased levels of vaccination would boost confidence and along with manufacturing even contact based services would start contributing more to the national economic recovery. Through Pune Platform for Covid Response (PPCR) promoted by MCCIA, we are taking all possible steps to promote covid appropriate behaviour as well as gathering momentum for 1 lakh vaccines per day.”

Sudhir Mehta
President, MCCIA

Over 100 organisations from Pune district participated in this MCCIA survey.

“From April 2020 till February 2021, the survey indicated month on month recovery but for this first time , there is a small dent in this recovery in the month of March. Once again, smaller the size of the firm, slower has been the recovery indicating need for the Government to pay even more attention to the micro and small size firms.”

Prashant Girbane
Director General, MCCIA
Current level of Production:

On an average, the surveyed companies said that their current level of production has decreased to 83 per cent in March from 85 per cent in February.

MCCIA Survey March 2021
MCCIA Survey March 2021
Employees Working:

On an average, the surveyed companies said that the number of employees working has stayed at 86 per cent in March.

MCCIA Survey March 2021
MCCIA Survey March 2021

Future expectations:

The surveyed companies were also asked about when their production levels were expected to be the same as they were in January 2020. 48 per cent of the companies said their production was already at pre-COVID levels.

19 per cent of the respondents said that they expect their production levels to go back to the pre-Covid levels in less than 3 months. 16 per cent of the respondents said they expect it to take between 3 to 6 months and 17 per cent said it would take more than 6 months.

Profile of respondents:

67 per cent of the organisations surveyed were from the manufacturing sector, 14 per cent from the services sector and the rest were involved in both manufacturing and services.

About the author


Add Comment