Covid-19: Parle-G's sales spike 25%, product out of stock

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Covid-19: Parle-G's sales spike 25%, product out of stock

Mar 20, 2020 18:00 IST

India's iconic biscuit, Parle-G's demand has spiked 25% in the last week from the average of March, a report in Economic Times said. The company was expecting to lay-off 10,000 employees last year due to slowdown and now its product is out of stock for the first time in several areas. The fear of countrywide lockdown has resulted in panic buying, the report mentioned.

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