Author: Rashmi Saxena

Almost 53% of businesses in the country were severely affected due to pandemic Short term strategy will include sustainable activities in the next 3-4 months Long term strategy will be based on the global situation and market conditions COVID-19 has created disruptive challenges in the entire world. People are well clued up about the fact of losses that are both ways this time i.e. personal as well as professional. It is worrisome how the economy can be flourished again knowing the fact that the Indian economy was expected to lose over 32,000 crores every day during the first 21-days of…

Neither there are workers to work, nor are orders to work on. The focus will be on finding new application areas for new solutions Work-from-home is not easy for an R&D based industry like Manufacturing 

This economic downturn is worse than the 2008 crisis and is a truly global one Business can implement Implement Strategies Later, Survival Is the Only Strategy to Implement Now  Global companies withdrawing operations from China may look to India as a potential manufacturing base

Enhanced cooperation and team efficiency will result in improving productivity Market will take 3-6 months to recover and come in a commanding position Only timely implementation of schemes and policy will aid the ailing small scale industries While Covid-19 may not have the scale of pandemics of the past (as of date), the economic crisis has done more damage to people than the disease itself and will continue to affect. The economic impact of the pandemic in India has been largely disruptive. Under the complete lockdown, less than a quarter of India’s economic movement was functional. It’s a high responsive…

Production as per customers’ demand, as well as financial solvency, will be crucial in the post lockdown market.       Visible improvements are expected to take at least six months once the lockdown is lifted. The industries will face issues with the availability of the required workforce for full-fledged operations.

Safety and well being of the workforce is the top priority during and after the COVID19 era The Market will recover sooner than the general anticipation by the entrepreneurs of India. Export benefits at the soonest without any regular red-tapism will encourage entrepreneurs.