Covid has changed the Rubber Band Industry for good as well. Post Covid about 50% of rubber band industries in India has closed its shutters. Only a few who have managed to adapt to changes have come out strong from the pandemic.
Manufacturing is not the same anymore. Remote and flexible workspace has gone in to manufacturing as well. Kaniskaa Rubber Industries is in the forefront of this anyways, changing how manufacturing should evolve in Pandemic. The organization has setup an example in India on the changing landscape.
That said the company has grown by another 40% during 2021-2022 in revenue post-pandemic, which is one of the high growth in the industry. The organization has made significant changes in leadership, operational practices and supply chain to be in forefront of the change.
