Companies Have Already Intensified Economic Activity

Companies have already intensified Economic activity before unlock.

Before the announcement of Unlock, the companies started preparations, the mobile companies have also started to increase the production from June.

Unlock is expected from the first week of June in many states, with a decline in daily corona infections. In view of this, companies have already intensified economic activity.

The largest two-wheeler company, Hero MotoCorp, has announced to start production from May 24 at all its plants. Mobile phone companies are also set to speed up production in view of the possible increase in sales in June.

Electronics manufacturers are also set to increase production. MSMEs that do job work for them or make small items with the start of production of big companies are also expected to gain momentum from June.

In many states of the country, the rate of corona infection has come down to less than five percent. There has been a rapid decline in new cases of corona mainly in the states of North India.

With this, the lockdown is expected to end in these states from June. Companies that had halted production in April and May are set to resume production.

Hero MotoCorp is going to start production at all its plants from May 24. The company is also going to introduce vaccination for its 18 to 44-year-old employees.

The auto parts manufacturers of Faridabad said that after the complete production of the Hero, their car will also run, as many MSMEs are required to supply to large two-wheeler manufacturers.

According to mobile phone companies, sales will definitely pick up as soon as the lockdown opens, as mobile phone sales have been very low in many states for the last two months.

Mobile phone sales were also not allowed during e-commerce from e-commerce. Production was reduced in view of the decline in sales. Production is going to increase again from June.

Expectation in hotel, restaurant and retail sector too

Hotel-restaurant and branded retail businesses have also started preparing to start the business from June. Retailers said that they have asked their employees to be ready to start work from next month.

Retail traders do not expect much business in June, but they believe that the opening of the store will create a business environment and gradually customers will also start coming.