Multinational companies and large Indian corporates with stronger balance sheets have indicated to Quess that they may go ahead with at least 70% of their planned hirings. Isaac sees that number possibly revised in the quarter starting July.
Amazon first launched PFS in India in June 2019 in nine cities and within a year, the company said in a statement it has been able to expand this programme to more than 100 cities.
A mountain of apparel stock has been piling up in stores, distribution centers, warehouses and even shipping containers during months of COVID-19 lockdowns. As retailers reopen around the world, they have to work out how to get rid of it.