59pc companies in FMCG, FMCD, Healthcare, Pharma sectors keen on formalising employees: Report

Updated: Sep 22 2022 9:02PM

Mumbai, Sep 22 (PTI) Around 59 per cent of the companies across FMCG, FMCD, and Healthcare and Pharmaceutical sectors are keen on migrating their informal workforce to formal, according to a report.

Focusing on these sectors, a TeamLease Services report on 'Reinventing Business with Workforce Formalisation' revealed that 59 per cent of companies intend to formalise the informal part of their workforce.

In this report, 37 per cent companies are FMCG sector, 36 per cent from FMCD (Fast Moving Consumer Durables) and 27 per cent from Healthcare and Pharmaceutical.