India: businesses face existential threat as supply and demand vanish

Small businesses face existential threat as supply and demand vanish

Rangar has already mentally written off April completely with almost half of the month lost to the lockdown. He is now looking at demand resuming in May but only at a quarter of the monthly average as the best-case scenario. “Currently, our shipments are held up and there is a concern over payments from customers overseas,” Rangar said.

By Miki

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