INDIA’S SNACKS INDUSTRY MAY SUFFER REVENUE LOSS WORTH RS 35,000 CRORE IN FY21

Highlights

• The total turnover of sweets and snacks industry will come down to Rs 65,000 crore in the current financial year from Rs 100,000 crore

• Thousands of migrant workers have travelled back to their home towns and this has affected the pace of production in the factories

• As per the industry experts, the festival of Diwali won’t be same this year as the purchasing power of people has....