The economy was badly struck by the pandemic and the subsequent lockdown. But the stimulus package by the government and the lifting of restrictions post lockdown showed signs of fresh growth. There should be a pick-up in demand during the festival season post-September-October, by which time they hope that the Covid situation would also be brought slightly under control. "While the demand for wire rope has been "fairly decent" in international markets, the domestic demand across various sectors has been very low due to the lockdown in the wake of the Covid-19 pandemic", Rajeev Jhawar added.
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