How COVID 19 is creating opportunities for India
The world is currently facing a pandemic. With every economy and the industrial sector suffering and people losing their jobs, the impact of Covid-19 has been severe. But there's still hope. Governments all across the globe are joining hands against this pandemic to show solidarity. Though it is a crisis that is causing great harm to people as well as companies, it is important for us to look at the hidden opportunities here. One constructive way we can fight this is if we focus on how covid 19 is creating opportunities, instead of the havoc it wreaks.
At an individual level, due to work from home, people are getting more time to spend with their loved ones and reconnect with their friends with whom they had lost touch. In addition to this, even hobbies are being re-explored by people which is great.
But that's not all because we believe that Covid-19 is creating opportunities for India as well. Read the article to understand how.
1. Complete Digitalization
Our country has been a hub for services for years now. Currently, due to the pandemic, the entire work process is being shifted from work in the office to work from home via virtual platforms. This has boosted digitalization in the country. Currently, students all across India are studying via a virtual medium. This is expected to give a boost to various online learning platforms and other businesses like OTT platforms, E-commerce platforms, etc thereby paving a way for complete digitalization which the government wanted to introduce.
2. Boost Supply chain
India has started working towards improving its supply chain to become self-reliant, after an address by the Prime Minister. This will give better opportunities to companies in India to make products for the Indian market as well as for other markets. What's more, if rules and guidelines are changed, India can fill in as a base for different assembling organizations of the world as it can give them modest work and great quality, the two things the current market leader has been utilizing till now to their benefit.
3. Improved Healthcare Sector
Entry of Covid-19 to India revealed many shortcomings of the healthcare system. But what it also did was, gave a strong enough stimulus to the industry to shake things up and expedite reforms. With the expansion of emergency clinic beds, ventilators, clinical hardware across all medical clinics in India, there are a lot of chances for development lying in the Healthcare part. As they say, only pressure makes diamonds!
Covid-19 is indeed a threat to lives and livelihoods of many, but what it also has done is kickstarted a series of innovative adaptation that will lead to an improved new normal. This is when India can create a new mark for itself on a global level. What will help along this cause is young leaders and changemakers like yourself. If you ask the question when will you get a chance to do something big, the time has come!