Business Opportunities After Covid 19 Pandemic In India
Business landscape radically changing in the past several months due to the coronavirus the majority of stories people are seeing concern businesses that are closing losing revenue and laying off workers.
Business opportunities after covid 19 pandemic in india. The initial stimulus package of rs 1 7 lakh crore in march followed by liquidity measures by the rbi and now the stimulus package of rs 20 lakh crore may help the indian economy towards a. However some small businesses have proven to be uniquely suited to the covid 19 crisis and have seen an uptick in demand. As the business world slowly awakens from the never ending nightmare that is the covid 19 pandemic there is a universal understanding and acceptance that things will never be the same again.
The disruption from covid 19 may offer india the opportunity to reinvent itself as a manufacturing powerhouse. Also which is convenient holistic and more sustainable for the time until we have a permanent cure for covid 19 pandemic. The recent covid 19 pandemic has proved to be a game changer for the majority of us.
By akshobh giridharadas and vaman desai for the diplomat april 29 2020. After the covid 19 pandemic india will have the opportunity to build an economy that is more resilient diversified and attractive to the global manufacturers and services as the majority of the businesses world wide have faced disruptions and economic fallout according to the head of a india centric american business representative group here. It has changed the way we behave and perceive things.
With a worldwide health emergency in play it s a huge opportunity for the health and wellness sector to place itself as a necessity among the users. Hence there is scope for india to take pre emptive action driving companies towards india. Daily counts of new confirmed covid 19 cases and covid 19 deaths have continued to rise although lockdown measures imposed in late march helped slow the spread of the disease.
Many of our habits have changed. It also provides at least seven opportunities to improve our lives and organizations. Time to seize them.
Unlike the us italy spain and a few other countries the covid pandemic has so far not been severe in india in terms of both positive cases and fatality rate if we normalise for the population.