Business

CII survey on business activity: Pent-up demand driving sales, but hurdles remain

Labour shortages, lack of public transport for workers, higher production and delivery costs and a liquidity crunch prevented a faster resumption of activity, the survey showed. A majority of those surveyed across India indicated a rise of more than 25% in production compared with levels during the lockdown. The sales pickup has also been in the same range with 31% respondents indicating 25-50% rise from the lockdown.

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