Many nations are implementing complete lockdown to contain the coronavirus from further spreading, resulting in the temporary shutdown of many manufacturing units across industries in different regions.
LT Foods, an 80-year old consumer food company, announced that all its facilities are operational and it is committed to meet the growing global demand for essentials.
In its press statement, LT Foods said, “The Company’s business falls under the category to provide Essential services, henceforth, all our facilities are operational, and we are fully committed to keep up with the growing global demand for essentials and to help the community at large in these difficult times. We are following stringent sanitation procedures at all our facilities, to ensure that our products are safe for consumption.”
Commenting on the rise in demand and the company’s preparedness to deal with extreme situations, it said, “The Company is currently experiencing an uptick in demand in its consumer business from most of its verticals. We are very well equipped with a robust supply chain network and have required quantities of paddy stocks procured during the season, to fulfil the demand in both India as well as in international markets.”
Speaking on the measure adopted by the company to ensure safety of its employees across regions, the company said, “The Company has taken all possible precautionary measures for the safety of its workers and employees globally. We have provided masks, sanitizers, and already adopted Work from Home for all employees of corporate offices to minimize the risk and contain the spread of COVID-19. We are also ensuring that all the employees in the plant strictly adhere to the necessary precautions and maintain highest standards of hygiene.”
The Company is putting significant effort and resources to ensure continued supply to our customers. We have obtained necessary permissions from the authorities to run the operations. So, we expect not to face any challenges with respect to labour and arrangement of logistics except in secondary distribution for which we are working to resolve.
“The Company is expected to maintain the momentum of growth in this quarter and in future year both in terms of revenue and margins,” it added.
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