COVID-19 And Its Impact On India Inc. – A Ready Reckoner

The outbreak of COVID-19 has caused havoc across the world. Apart from its impact on the health and well-being of over half a million people in the world, COVID-19, a declared pandemic has caused significant disruption in the day-to-day functioning of businesses. To curb the spread of COVID-19, governments around the world have imposed nation-wide lockdowns, which have effectively halted the supply chain and distribution of businesses. The predominant sectors that have been affected by this chain of events are the manufacturers and suppliers of electronic companies, pharmaceutical, and energy equipment companies owing to their substantial dependence on China for raw materials and manufacturing. Additionally, even the aviation, tourism, shipping, transport, commercial vehicles, and real estate sectors are severely impacted by the halt in production and the nation-wide lockdown in India.