According to a survey conducted by NeoGrowth among its customer base, over 59 percent of the spa sand salon related MSMEs in the south Asian country of India were in need of financial support during the beginning of the COVID-19 pandemic in March 2020. Fashion and lifestyle businesses were the second most impacted due to coronavirus and about 55 percent of them needed financial help in that time period.
Share of MSMEs in need of financial support in India during COVID-19 as of March 2020, by sector
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Neogrowth. (June 13, 2022). Share of MSMEs in need of financial support in India during COVID-19 as of March 2020, by sector [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1364015/india-share-of-msme-in-need-of-financial-support-covid-19-by-sector/
Neogrowth. "Share of MSMEs in need of financial support in India during COVID-19 as of March 2020, by sector." Chart. June 13, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1364015/india-share-of-msme-in-need-of-financial-support-covid-19-by-sector/
Neogrowth. (2022). Share of MSMEs in need of financial support in India during COVID-19 as of March 2020, by sector. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1364015/india-share-of-msme-in-need-of-financial-support-covid-19-by-sector/
Neogrowth. "Share of Msmes in Need of Financial Support in India during Covid-19 as of March 2020, by Sector." Statista, Statista Inc., 13 Jun 2022, https://www.statista.com/statistics/1364015/india-share-of-msme-in-need-of-financial-support-covid-19-by-sector/
Neogrowth, Share of MSMEs in need of financial support in India during COVID-19 as of March 2020, by sector Statista, https://www.statista.com/statistics/1364015/india-share-of-msme-in-need-of-financial-support-covid-19-by-sector/ (last visited January 08, 2025)
Share of MSMEs in need of financial support in India during COVID-19 as of March 2020, by sector [Graph], Neogrowth, June 13, 2022. [Online]. Available: https://www.statista.com/statistics/1364015/india-share-of-msme-in-need-of-financial-support-covid-19-by-sector/