Indian economy: not all doom and gloom | BOOM

The global investment climate has been challenging especially in the post-COVID-19 era, even as businesses seek new opportunities and the likelihood of setting up of new supply chains globally. How has this affected India and how will it affect India going forward? BOOM Explains.

Deepak Bagla, MD & CEO, Invest India, says Coronavirus has accentuated and catalysed trends that were visible in global markets and India like delisting business lines and supply chains to avoid concentration in certain geographic reasons, work from home and push for digitisation. COVID-19 has only exposed the vulnerability of concentrated supply chains and enabled digitisation efforts of the government leading to ingenious efforts to ensure growth of different business verticals and technology in India.

Watch BOOM's Govindraj Ethiraj interview Deepak Bagla on the costs and opportunities that will arise in the economy and give it the required push even during times of coronavirus.