Pharma and FMCG Companies Could Lead the C&I Market Recovery in Rooftop Solar Segment
Companies operating in segments like pharma and FMCG are better positioned in the current situation and are keen on adopting solar to reduce their operational cost further
July 28, 2020
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As the economy dwindles, industries worldwide are looking frantically at cost-saving measures to keep profit margins from getting thinner. While some segments of the commercial and industrial sector witnessed a slump in business in the past few months on account of the imposed lockdown, others performed relatively better. Companies operating in segments like pharma and FMCG (fast-moving consumer goods) have seen a surge in demand with the lockdown. FMCG includes packaged food items and health and hygiene products, and consumers across the world have been stockpiling these items ever since the pandemic started, causing a demand-supply deficit in many cases.