IMPACT ON BUSINESS DUE TO BUSINESS ENVIRONMENT

1. IMPACTS OF CORONA VIRUS
ON DIFFERENT INDUSTRIES
(IMPACT ON BUSINESS DUE TO
BUSINESS ENVIRONMENT)

2. ENTERTAINMENT E-COMMUNICATION
 Over-the-Top(OTT) and TV viewership spikes
amidst social isolation.
 Total TV viewership grew by 40.3 billion in a week
– BARC India.
 Netflix, YouTube, Amazon prime video etc lowers
video-quality to avoid Internet traffic.
 FWICE- calls off all film and television shootings.
 Companies adopting BYOM-Bring Your Own
Meeting.
 ZOOM – most downloaded app amid India’s 21-day
lockdown.
 Google makes paid subscription G-Suite available
for free amid COVID 19 pandemic.
 Schools and Colleges switches to E-education and
online classes.

3.  Online sales have increased 52% and the number of
online shoppers have increased 8.8% since
coronavirus has began.
 E-Commerce such as Flipkart , Amazon, Big Basket
and Grofers have witnessed 20-30% spike in orders
of customers.
 Demand of products such as fruits, vegetables, milk,
rice, flour, sanitizers and instant noodles have
increased.

4. AIRLINES IN INDIA
~ It is the most hit when it comes to loses due to covid-19
~ Air India is expected to incur a loss to the turn of Rs.30-35 crore
per day.
~ It has suspended the contract of around 200 pilots.
INDIGO
AIR INDIA:
~ Airline is also planning to ask it’s employees to take 10-20% salary cut
as it is badly effected by covid-19.
~ In support of the government measures to eradicate COVID-19, all
Indigo flights are suspended until 14th April, 2020.

5. AIRLINE IN INDIA
• NEW DELHI: The Covid-19
pandemic will push most airlines
across the globe to bankruptcy by
the end of May, aviation consultancy
Centre for Asia Pacific Aviation
(CAPA) has said

6. =>While the shutdown of various heritage sites to curb spread of COVID-19 led to problem of
livelihoods of thousands who depend on tourism
=>The NO. of visitors who visited STATUE OF UNITY dropped by over 38% and the revenue
collected fell approximately Rs.5 crore.
=>There are about 2000 guides in Agra. Each earns Rs.1000-Rs.5000 a day. They are not
allowed to do any other job as per government rules to grant them license.
BEFORE AND AFTER CORONA VIRUS

7. An effective lockdown and Quarantine regime could dent the impact of
COVID-19 by 90%, bringing it within the manageable limits For India’s Limited
healthcare infrastructure.
Such an outcome would require, over 50% Quarantine Compliance among
Infected cases, according to a study – ‘Healthcare Impact of COVID-19
Epidemic In India: A stochastic mathematical model’ – published in the
medical journal armed forces India.
COVID-19: Effective quarantine Could Cut Healthcare load by 90%, says study
Effective implementation of measures like shutting down of schools,
colleges, offices, And mass gatherings in addition to social distancing, could
reduce the No. of cases & slow down its progress 2-3 months earlier.

8. • Falling central bank interest rates are likely to
hurt saving account interest rates that some
banks Rely on deposits.
• Consumer who can’t go to work could drive
short-term loan activity.
• Banks can generate goodwill with business
that need assistance due to corona virus-
related distributions.

9. Hyundai will import testing kits from South Korea to help 25000
patients.
Liquor firms seeks license for manufacturing sanitizers.
Indian Railways produced over 2.8 lakh masks and 25000 litres
sanitizers in March.
Rail coaches changes into Isolation wards.

10. Department of pharmaceuticals and ministry of heavy industries have
approached the automobiles manufacturers about manufacturing Ventilators in
house and as soon as possible. Companies like Tata motors, hyundai, Mahindra
and Mahindra have grabbed this opportunity.
Even developed countries like U.S.A. ,Italy , ect. Are facing great shortage of
ventilators. Also, Delhi government is also demanding the supply of the
ventilators from the central government of India.
This is a social environment as social trends and problems create opportunities
or threat for a business.

11. Crude oil prices have crashed
For oil importing countries like India, this fall
may be a blessing in disguise
Gold becomes attractive in uncertainty
Global gold prices are rising but the fall in the rupee will
push it up further in India.
While other commodities are down, gold has gone
up because of the demand for a safe haven in
uncertainty. The hope of rate cuts by global
central bankers (the US Fed has already cut rates
by 50 basis points) is also keeping gold demand
intact. “Our initial target for gold was $1,700.
The negative impact of the pandemic on Indian
economy will get cushioned by the fall in crude oil
prices because it will help to bring down our
current account deficit, fiscal deficit and inflation,
etc.,” says Jagirdar.

12. (MAULIK SINGHAL)
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