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Slowdown Is Driving Consumer Goods Distributors Out Of Business
Softening demand has left the central artery of India’s consumer retail chain clogged.
12 Sep 2019, 12:14 PM IST
Softening demand and a changing buying pattern have left the central artery of India’s consumer retail chain clogged. Distributors, the conduit between manufacturers and millions of mom-and-pop outlets, have seen inventory bloat and working capital shrink. The distress is causing shutdowns.Volumes have fallen because of the slowdown and companies are increasingly supplying to modern stores directly, hurting business, Dhairyashil Pati...
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