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Despite the initial setbacks caused by the pandemic, Smartworks has witnessed a remarkable recovery and resurgence in growth. Harsh Binani, the CEO of Smartworks, highlights that the company is back to the higher growth levels experienced before the COVID-19 outbreak. The demand for flexible workspace solutions has been steadily increasing as businesses resume their operations and look for agile workspace options.<br><br>Visit: https://www.businessworld.in/article/-We-Are-Back-To-The-Higher-Growth-Levels-As-Pre-Covid-Harsh-Binani-Smartworks/06-08-2022-440882/
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THE ROAD TO RECOVERY: HEADING TOWARDS PRE-COVID GROWTH
GOVERNMENT STIMULUS PACKAGES: A BOOST FOR THE ECONOMY Governments worldwide have implemented comprehensive stimulus packages to mitigate the impact of the pandemic. These measures have provided much-needed relief to businesses and individuals alike, injecting liquidity into the economy. The stimulus packages have not only helped stabilize industries but also fostered a conducive environment for growth.
THE IMPACTS ON VARIOUS SECTORS The return to higher growth levels as pre-COVID is not uniform across all sectors. While some industries have recovered swiftly, others continue to face challenges. Let's explore the impacts on different sectors and understand the factors influencing their recovery.
Manufacturing and Supply Chain: Adapting to the New Normal MANUFACTURING AND SUPPLY CHAIN OPERATIONS FACED SIGNIFICANT DISRUPTIONS DUE TO LOCKDOWNS AND LOGISTICAL CHALLENGES. HOWEVER, THESE SECTORS QUICKLY ADAPTED TO THE NEW NORMAL BY IMPLEMENTING INNOVATIVE SOLUTIONS. COMPANIES FOCUSED ON BUILDING RESILIENT SUPPLY CHAINS, DIVERSIFYING SOURCING STRATEGIES, AND EMBRACING AUTOMATION TECHNOLOGIES. THESE MEASURES HAVE ENABLED THEM TO NAVIGATE UNCERTAINTIES AND RESTORE GROWTH LEVELS.
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