MSMEs struggle to keep themselves afloat
The Hindu
They are hit on both men and material front owing to the extended lockdown
The Medium and Small Enterprises (MSMEs) in Mysuru region are feeling the brunt of the extended lockdown imposed as a measure to curb the surge in COVID-19 cases in the State. Mysuru, which is an ancillary hub for the automobile sector, is affected by the domino effect of the extended lockdown on both men and material front. Though the government has stated that manufacturing units of automobiles and components that are used in defence and health sectors can operate with 50 per cent employees or workforce, there are issues related to the availability of manpower, said A.S. Satish, President, Mysore Chamber of Commerce and Industry (MCCI)
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