Managing business operations during COVID-19 will require companies to carefully track the spread of cases across India as this will determine the extent of lockdown and the impact on business activity.
Coronavirus is severely disrupting everyday life in India. As the number of COVID-19 cases rise and the government responses evolve at the national, state and local level, companies need to keep close tabs on this fast-changing situation.
Kanvic's data analytics team help you visualise the impact COVID-19 across the country and understand its implications for business operations through a regularly updated and expanded set of maps and charts.
The Purchasing Managers' Index has been in expansion mode since August 2020 but its growth has slowed since the Diwali season in November
The continued rise in infections has depressed consumer sentiments even as India unlocked. The Current Situation Index (CSI) has fallen precipitously since March. However, the future outlook is somewhat brighter.
Although India has largely unlocked, COVID concerns mean people are still spending 14% more time at home than before the crisis. Serving the needs of these homebound consumers will be key to business recovery.
Researchers from IMF have developed the World Uncertainty Index to track uncertainty across the globe by text mining the country reports of the Economist Intelligence Unit.
As a result of Covid-19 business leaders are dealing with levels of uncertainty that have never been seen before requiring them to rethink their strategy.
As Delhi and Mumbai control the growth of COVID-19 infections, other economic centres such as Bangalore and Pune have seen COVID-19 cases reach new peaks.
As India opens up after lockdown its economic recovery will depend on how successfully it can manage the virus in its two largest commercial centres - Delhi and Mumbai. Together these two cities account for almost 23% of the country's GDP. While both cities have important similarities their COVID-19 trajectories have been markedly different.
Covid-19 has created an exodus of migrants from their place of work to the place of birth. Businesses dependent on migrant labour in major industrial hubs are already facing challenges in getting back to work. As the crisis deepens and the uncertainty on the return of migrant labour looms, the most affected states by Covid-19 i. e. Maharashtra, Delhi and Gujarat will also be the states facing shortage of labour supply.
The Indian government has announced a number of economic measures in response to the COVID-19 pandemic. While there are direct cash transfers to the poorest sections of society, monetary measures by the Reserve Bank of India (RBI) comprise a large share of the 20 lakh crore stimulus package.
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