bengaluru with the government partially lifting lockdown restrictions since june 14 some sectors including large industries and retail trade have achieved about 60 of normal business levels over the past couple of weekshowever stakeholders say it is imperative for the state to reactivate the entire business ecosystem to ensure sectors cash in on festive season which begins next month with the auspicious month of shravan they point out that this is possible with compliance of covid19 protocol and widespread vaccinationthe retail sector especially has shown far more resilience as it recorded 60 recovery over the past fortnight despite limited business hours said kumar rajagopalan ceo of retailers association of india yet it is way below normal the key requirement is to balance economic recovery with covid management extending business hours would mean less crowdingautomotive electronics and consumer goods and home appliances are among other retail sectors showing fast revival while sectors like readymade garments and footwear have been laggingwhile pentup demand appears to be driving sales of electronics and consumer goods surging sales of private vehicles is stimulating the automotive sector as people prefer personal mobility amid the pandemic said tr parasuraman president bangalore chamber of industry and commerceparasuraman also president of toyota industrial engines said demand for engines has breached the 13500mark higher than average precovid demand of 12000 engines the transport department collected rs 282 crore in motor vehicle tax in june compared to rs 50 crore in mays sampathraman president allindia manufacturers organisation said the centres announcement of an emergency credit line guarantee scheme has stimulated both large and small industries as it ensures cash flow he advocated more loans for msmes as cumulative nonperforming assets npa of small industries in banks is less than 48 he said better cash flow would catalyze recoveryof the msme units that are open productivity is still around 40 of normal because of the short supply of raw materials and shortage of workers this will improve once the government relaxes curbs said perikal sundar president federation of karnataka chambers of commerce and industries