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However, MSMEs that are yet to come out of debts worry about further losses
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CHENNAI: 25/05/2020: FOR CITY : COVID-19 : A smal scall unit in ambattur Endustrial Esate is operated with minimum staff as the Government has allowed the inidustris to open with conditions during the Lockdown in Chennai. K. Pichumani/The Hindu
However, MSMEs that are yet to come out of debts worry about further losses
Lessons learnt during last year’s lockdown are seemingly helping large industries in Tamil Nadu handle production during the second wave of the infection.
However, smaller businesses, especially MSMEs who are yet to come out of debts of the first wave, feel any further downturn will create a huge dent in their balance sheets.