Lessons Learnt, India Inc Was Better At Surfing The Third Covid Wave

January 19 , 2022
Source: Economic Times:
Unlike the first two waves of Covid-19, India Inc has managed to take the current rise in Covid-19 infections largely in its stride and ensured relatively less disruption to business even as restaurants, hotels and multiplexes face hurdles on account of curbs on indoor gatherings and weekend lockdowns.
The experiences gained by dealing with the previous two Covid outbreaks are helping manufacturers better manage supply-chain issues and deal with a curtailed workforce, ground reports show. What also helps is that there are comparatively fewer restrictions on the movement of people and goods compared with the previous waves, allowing retail to keep ticking.
The outlook for freight rates is positive for the second quarter of 2022 as goods movement remains robust due to healthy demand from fast-moving consumer goods (FMCG), e-commerce, metals, mining, textile and automobile sectors. Meanwhile, white-collar workers have seamlessly transited back to working from home.
FMCG giant ITC said the company has implemented measures such as ramping up inventory, curtailing non-essential travel, implementing specific zoning and random testing across locations to detect infections before they are symptomatic across its offices and plants.



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