Industrial Sectors affected by the upsurge of COVID-19
The coronavirus (COVID-19) outbreak, started in China, now has reached more than 175 countries and territories globally. The World Health Organisation (WHO) has publicly announced it as a pandemic, to date more than lakhs cases has been detected as positive across many countries. Since there is no vaccine discovered so far to prevent the outbreak of COVID-19, the only option people have is to reduce risks to the virus. Governments of countries have announced the lockdowns to achieve social distancing, requested people to maintain personal hygiene and avoid making contact with the infected individual.
The COVID-19 has severely affected the travel & tourism industries worldwide, people have stopped traveling to various countries and towns, which has disastrously impacted these industries. Airlines have been drastically canceling the flights, cutting down on travel prices since most of the people are not flying during the outbreak.
Although people are isolated to reduce COVID-19's effects, hyper local distribution services do make the most of it. Doorstep distribution systems are gaining ground for milk, medication, groceries, bags, etc. In order to keep it safe for consumers and users, grocery providers such as Swiggy, Big Basket, Gofers, Zomato provide ways to use contactless distribution which involves the driver leaving the delivery of items near the door of the customers to avoid contact. Various Application developing companies, Online learning apps like Unacademy, Byju’s and various other online courses apps are making profits during the Lockdown. Most of student choose to learn through this online tutor, most of the students are asked by their educational institutes to enroll to various online courses. Most of the corporate sectors have emphasized on “work from home” to their employees. The online Cloud Meeting Application such as Zoom, GoToMeetings are used for conducting conference meetings and webinars by many corporate sectors.
According to the forecast, lockdowns around the globe are hitting the service sector hard, particularly industries that involve physical interactions such as retail trade, leisure and hospitality, recreation and transportation services. Collectively, such industries account for more than a quarter of all jobs in economies. The COVID-19 pandemic calls for increasing our effort towards strengthening multilateral approaches to policy making and assisting countries in opening up other ways to enable inclusive and sustainable industrial development.
Rasika Kokare (BMM)
Wilson college
Email address: rasikakokare5184@gmail.com
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