Marico provides update on domestic operations

Capital Market 

Marico announced that most of its manufacturing units have now opened up, based on the Government Orders/Advisories to ensure continued supplies of essential food and groceries to the consumers.

While operations at most of the units have scaled up reasonably, a few units continue to grapple with local restrictions and labour unavailability.

The Distribution network has now considerably improved with the help of e-passes issued by local governments. The Company is also trying out newer ways of reaching the consumers such as typing up with food delivery platforms like Swiggy and Zomato, launching direct to consumer portal (https://stores.saffola.in/) for consumers to place orders directly, etc.

The Company is working with other FMCG companies to implement the Suraksha Stores initiative

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First Published: Thu, April 23 2020. 14:26 IST