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Auto, Consumer Goods Firms Offer Help To Cushion Supply Chain From Virus Pain
Advance payments, faster clearance of dues, and health cover, automakers and consumer goods firms step up to protect supply chain.
19 Jun 2020, 02:39 PM IST
As economic activity in India collapsed after the nation’s punishing curbs to contain the pandemic, makers of consumer goods and automobiles stepped up to protect supply chains. From offering payments in advance and faster clearance of dues to health cover to stop workers from leaving, they tried to cushion vendors and distributors.Keeping supply chains alive is crucial for a recovery after the lockdown decimated demand. More so when...
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