Pune: More than half of micro, small and medium companies (MSME) in Pune district have said that they will take another six months to get back to the pre-covid production levels. The industry has voiced its concern in the latest 14th survey (May 2021) conducted by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) on resumption of economic activity.
Over 150 organisations participated in this survey from Pune district. The industry has been adversely affected due to the recently imposed lockdown and diversion of industrial oxygen supply for medical purposes to contain the second wave of coronavirus pandemic in the city and country.
The surveyed MSME companies from Pune were asked about when their production levels were expected to be the same as they were pre-pandemic. Their response has recorded as follows:
- 19 per cent of the companies said their production was already at pre-COVID levels
- 29 per cent of the respondents now said that they expect their production levels to go back to the pre-Covid levels in less than 3 months.
- 24 per cent of the respondents said they expect it to take between 3 to 6 months and
- 27 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, 22 per cent, 30 per cent and 28 per cent respectively.
69 per cent of the organisations surveyed were from the manufacturing sector, 13 per cent from the services sector and the rest 18 per cent were involved in both manufacturing and services.
Current level of Production:
On an average, the surveyed companies said that their current level of production has remained almost the same as the survey outcome shows increase of only a tick from 69 per cent in April to 70 per cent in May.
On an average, the surveyed companies said that the number of employees working has stayed the same at 70 per cent.