Dabur expects demand to pick up by festive season: Amit Burman
NEW DELHI: Consumer demand should start picking up by festive season, riding on improved consumer sentiment and a good monsoon, Amit Burman, chairman of packaged consumer goods maker Dabur, told ET in an interview. Businesses across consumer-facing sectors had come to a halt immediately after the national lockdown was imposed on March 25 to contain the Covid-19 pandemic. Companies
going back to pre-Covid levels in the foreseeable future. Brands which have the muscle to continue for six-nine months will survive.” With the nationwide lockdown resulting in malls and restaurants being totally shut, the restaurant industry is estimated to see job losses of as many as two million people. Industry estimates the pre-Covid restaurant business at 4.25 lakh crore.