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Economic Impact of COVID-19 on Industrial Sectors in India - A Silver Lining for Some?

Journal: International Journal of Science and Research (IJSR) (Vol.10, No. 10)

Publication Date:

Authors : ;

Page : 511-514

Keywords : COVID-19; economy; India; vaccines; education; E-commerce; manufacturing;

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COVID-19 pandemic has impacted the human lives and economies in an unprecedented manner. There are some sectors which have seen upward growth trajectory and contributed to the ongoing pandemic response at the same time. COVID-19 acted as a boost for fostering Make in India and further strengthening India?s roleas a global hub for production of vaccines, PPEs, medicines and masks. Healthcare infrastructure strengthening saw a new commitment from the highest levels of the government. E - commerce is another major sector that has seen a boost and consumers have quickly responded to the changed circumstances and the new normal. Online education in the education industry has witnessed digitization at an unforeseen pace in schools all over the country, with enabling provisions by relevant ministries. The pandemic has therefore proven that in select sectors, India has turned the adversities into opportunities to emerge stronger in select sectors and that has been a silver lining for some!

Last modified: 2022-02-15 18:46:47