Production Level In Companies Located In Pune District Dropped: MCCIA Survey
Pune, 1 April 2021: In the 12th survey conducted by Mahratta Chamber of Commerce Industries and Agriculture (MCCIA) during the Covid times, over 100 organisations participated from Pune District.
Current level of Production: On average, the surveyed companies said that their current level of production has decreased to 83% in March from 85% in February.
Employees Working: On average, the surveyed companies said that the number of employees working has stayed at 86% in March.
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% of the companies said their production was already at pre-COVID levels. 19% of the respondents said that they expect their production levels to go back to the pre-Covid levels in less than 3 months. 16% of the respondents said they expect it to take between 3 to 6 months and 17% said it would take more than 6 months.
Profile of respondents: 67% of the organisations surveyed were from the manufacturing sector, 14% from the services sector and the rest were involved in both manufacturing and services.
Sudhir Mehta, President, MCCIA said, “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.”
Prashant Girbane, Director General, MCCIA said, “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 March. Once again, the smaller the size of the firm slower has been the recovery indicating the need for the Government to pay even more attention to the micro and small size firms.”
