Production Level In Companies Based In Pune District Increases To 83%

Pune, 2nd September 2021: In the seventeenth survey conducted by Mahratta Chamber of Commerce Industries and Agriculture (MCCIA) during the Covid times, it has been found that the production level has increased to 83% in companies located in the Pune district. Over 150 organisations participated in this survey.

MCCIA president Sudhir Mehta said, “It is encouraging to see the month on month recovery. We have now reached about the levels we recorded just before the start of the second wave in February 2021. With increasing vaccination and unlocking we should reach the pre-covid level by end of this year.”

“While the recovery is indeed encouraging, many manufacturers are facing challenges on the increased raw material prices and exponential rise in freight charges for their exports. The impact of semiconductor chip unavailability is especially hitting the auto industry production as Pune has a significant auto industry”, added Prashant Girbane, DG, MCCIA.

A. Current level of Production:

On average, the surveyed companies said that their current level of production has increased from 78% in July to 83% in August 2021.

B. Employees Working:

On average, the surveyed companies said that the number of employees working has increased from 79% in July to 86% in August 2021. This is the peak of recovery for employees deployed which was also seen in February-March this calendar year.

C. Future expectations:

The surveyed companies were also asked about when their production levels were expected to be the same as they were pre-pandemic.

37% of the companies said their production was already at pre-COVID levels as compared to 30% of the companies in July 2021

49% of the respondents said that they expect their production levels to go back to the pre-Covid levels in up to 6 months as compared to 52% of the companies in July 2021 and 14% said it would take more than 6 months as compared to 19% of the companies in July 2021

D. Profile of respondents:

The distribution of organisations surveyed from micro, small, medium and large scale organisations was 16%, 21%, 30% and 33% respectively.

65% of the organisations surveyed were from the manufacturing sector, 13% from the services sector and the remaining 22% were involved in both manufacturing and services.