How are power outages affecting small industries in India?

India’s small and medium businesses had only begun to recover from the economic impact of the pandemic followed by the geopolitical crisis, but the early onset of summer and recurring heat waves across north India paralysed them again. Demand for electricity shot up beyond expectations, leading to a nationwide power crisis.

With coal stocks at a critical level at many thermal power plants, states found themselves in a desperate situation, resorting to unscheduled power cuts. While the bigger, urban businesses are managing to sail through the crisis, small businesses and residents are not as fortunate.