Don’t miss the latest developments in business and finance.

Weak demand continues to be a main challenge for companies: Survey

More companies (5 percentage points) now expect the economy to come to normal levels in one year than in June

companies, automobile, industry, production, workers, manufacturing, jobs, employment, auto, cars, auto component makers, companies, economy, growth
Weak demand continues to be the key bottleneck for companies as 68 per cent of the firms have called this their biggest challenge in August
Indivjal Dhasmana New Delhi
1 min read Last Updated : Sep 09 2020 | 11:32 PM IST
A survey, conducted by industry chamber Ficci and Dhruva Advisors, showed that weak demand continues to be the key bottleneck for companies as 68 per cent of the firms have called this their biggest challenge in August, against 57 per cent in June.

This indicated the kind of push from the government that the companies are looking for. In fact, more companies (5 percentage points) now expect the economy to come to normal levels in one year than in June. 

 

Topics :CoronavirusFICCIIndian companiesEconomic slowdown