Small firms think outside the box to restart operations

The Economic Times | May 23, 2020 at 4:58 AM
  • Small and medium enterprises are consolidating labour, using innovative incentive schemes and even redesigning assembly lines to tide over a labour crisis brought on by the Covid-19 pandemic and the resultant migration of jobless workers.
  • Inox India, which operates three factories in Gujarat— in Silvasa, Kalol and SEZ—has opted for labour consolidation after facing shortage of welders and skilled fitters for manufacturing pressure vessels and related equipment.
  • Waterman Industries, a pump sets manufacturer, expects raw material shortage as well as supply line disruption.