Lockdown leaves ready-to-cook, snacks companies high and dry

The government has extended the three-week lockdown by another 18 days to May 3, to arrest the spread of the deadly Covid-19 pandemic that has taken close to 1.46 lakh lives globally, including close to 440 in India.

The national lockdown from March 25 to combat the Covid-19 pandemic left the ready-to-cook and snacks category reeling as curbs on the movement of goods and economic activities led to supply chain disruptions and caused massive production losses, posing hurdles for all stakeholders including consumers.

The government has extended the three-week lockdown by another 18 days to May 3, to arrest the spread of the deadly Covid-19 pandemic that has taken close to 1.46 lakh lives globally, in ..

Lack of employment and the resultant pains in continuing to live in cities have created a crisis of reverse migration as millions of daily wagers returned to their homes, bringing down production in many sectors, including FMCG companies.

Unofficial estimates say nearly half of the over 14-crore migrant workers have left for their homes and are unlikely to return soon.

"Since the lockdown, our manufacturing has come down to just about 15-20 per cent as our workforce mainly co ..