International Seminar on Positive Business Perspectives during the times of COVID Entrepreneurship / Changing trends / Business Sustainability

International Seminar on Positive Business Perspectives during the times of COVID Entrepreneurship / Changing trends / Business Sustainability

The COVID pandemic has devastated economies and ravaged wealth creation across the world. But there is a way to convert every threat into an opportunity, if only one thinks imaginatively. Segments like home entertainment, telecom, online retail and related logistics, healthcare, and everyday consumer non-durables remain in decent health. Opportunity abounds in entrepreneurship and job creation. The coronavirus outbreak is an opportunity for India to fill in the global shortage of materials supplied by several Chinese companies. Global supply chains have been disrupted and this has given an opportunity for local businesses to scale their operations and fill the void. The global market is looking for alternatives to China to meet their demands and countries can grab this opportunity. India has been getting queries from the EU and the US for textiles, home ware, ceramic tiles, engineering goods, and furniture from customers seeking to replace Chinese suppliers. There is also a need for ensuring Business sustainability since COVID has impacted many businesses negatively.