How has India consumed so far in the first fortnight of COVID-19
As of today, the crisis has resulted in hoarding and the supply chain is crumbling under the weight of increasing demand.
He adds that Tier-2 and Tier-3 cities do not have a supply chain crisis as yet.
As far as general trade in Tier 1 India goes, personal hygiene, ready to eat, and baby care products rose up to 40 percent in sales.
Instead, it predicts the emergence of app-only retail brands being born and thriving in such a situation.
Ecommerce is not taking off in this period and we can be affected completely if the COVID-19 crisis continues," says Manish Chowdhary, Co-founder of Fit&Glow, a company that manufactures and sells personal care products.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
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