Reasonable capacity utilisation may take a quarter: ITC's Sanjiv Puri

FCMG companies have been grappling with multiple challenges - manufacturing, supply chain and manpower availability being primary among them

Achieving reasonable capacity utilisation in manufacturing units may take a quarter, ITC chairman and managing director, Sanjiv Puri, said on Thursday.

ITC has about 120 manufacturing locations including third-party owned. Of these, 70-80 are currently operational, but at capacity utilisation ranging between 20 per cent and 60 per cent.

Not just ITC, FCMG companies have been grappling with multiple challenges in the wake of lockdown measures, manufacturing, supply chain and manpower availability being primary among them.

ITC is currently operating product lines that have an immediate consumer demand. The pandemic led to a massive surge in demand for hygiene items, sanitisers,