Pune: Micro, Small and Medium Enterprises (MSME) from Pune district region have reported a slight uptick in their production levels in June 2021 as compared to May 2021.
Over 150 MSME companies surveyed by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) have stated that their current levels of production has increased slightly from 70 per cent in May to 73 per cent in June 2021. This is the fifteenth survey conducted by MCCIA during the Covid times.
Current level of Production: On an average, the surveyed companies said that their current level of production has increased slightly from 70 per cent in May to 73 per cent in June 2021. While there is an uptick in production levels from April and May, we have yet to reach the recovery peak of 85 per cent in February-March this calendar year.
Employees Working: On an average, the surveyed companies said that the number of employees working has increased from 70 per cent in May to 77 per cent in June 2021, as unlocking allowed some services industries to resume activities to a certain extent. The peak of recovery for employees deployed was at 86 per cent in February-March this calendar year.
Future expectations: The surveyed companies were also asked about when their production levels were expected to be the same as they were pre-pandemic.
- 23 per cent of the companies said their production was already at pre-COVID levels
- 54 per cent of the respondents said that they expect their production levels to go back to the pre-Covid levels in up to 6 months
- 24 per cent said it would take more than 6 months
Profile of respondents: The distribution of organisations surveyed from micro, small, medium and large scale organisations was 20 per cent, 26 per cent, 23 per cent and 31 per cent respectively.
66 per cent of the organisations surveyed were from the manufacturing sector, 17 per cent from the services sector and the remaining 16 per cent were involved in both manufacturing and services.