- Pandemic-induced supply chain disruptions impacted small pesticide manufacturers etc.
- Edible oil SMEs lost market share because of an increase in hygiene quotient and fewer buyers for oil that was sold loose.
- Besides 40% of the SMEs lost market share because of their essential nature, such as pharmaceutical and agricultural millers.
- The majority of tobacco selling points remained closed due to health concerns, as a result, tobacco processing SMEs faces huge loss.
- As per the report, many sectors such as transport operators, edible oil, gems, and jewellery are most vulnerable to EBITDA losses.
- In addition to that MSMEs should see revenue increase 9-11% this fiscal to 1.25 times the fiscal 2020 level.
Question:
Q.1 According to a CRISIL report, One-fourth of MSMEs lost more than ________ market share in the last fiscal.a. 4%
b. 5%
c. 3%
d. 6%
