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12 industries facing disruption amidst the 2020 coronavirus lockdown in India.<br><br>COVID-19: Impact on Indian Industry, Issues, and Suggestions. Confederation of Indian Industry (CII) has estimated that India's GDP for FY21 will be between 0.9% and 1.5%.<br>An outbreak of COVID-19 impacted the whole world and has been felt across industries. The outbreak is declared as a national emergency today.<br><br>The COVID-19 pandemic has set foot in India as across the globe and is likely to impact the country's economy across industries and business formats.<br>Does this pandemic make brands explore new possible ways to business? If you look at the above report closely, you shall find that 'the market is not closed, rather it has just shifted online'.<br><br>And if this does not convince you to take your business online, I don't know what will.
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ROHIT SINGH | @TEAMOYEROHIT | 2020 12 INDUSTRIES HIT HARD BY THE COVID -19 WAVE IN INDIA BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 1 Gyms TRENDS : Gyms are now imparting online training sessions Trainers are increasingly using apps like Whatsapp, Skype or Facetime. Workouts without any equipment being promoted Gyms to make sure they are compliant with hygiene and social distancing guidelines. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 2 Hotels TRENDS : Ensure the hotel is compliant with the health & cleanliness guidelines. Rolling-out effective social and digital media strategies to re-assure guests on hygiene. Hotel industry is majorly dependent on travel industry and is expected to recover slowly. Refrain from any investments which does not impact your revenue positively. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 3 Movie theaters TRENDS : Experts believe 6-9 months post lock down to see a regular demand. Theaters to go social distancing & COVID-19 compliant. Threat of online brands entries like Netflix & Amazon is real and will effect theater business as people will prefer to watch online at comfort of home. Rolling out effective communications and maintaining the priority on audience's health. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 4 Live Sports TRENDS : Large crowd gatherings to stay out of demand. Companies look at television and online medium of broadcast as an opportunity. Online gaming and online game play streaming industry expected to see an exponential rise due to the lock-down. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 5 Ride hailing services TRENDS : People who travel by cabs and can afford cars will go for buying a personal car. Experts believe individual car buying might go up in the budget car segment. Car-pooling to go out of demand. Consumers to seek hygiene and health safety in addition to vehicle safety when it comes to traveling by cabs. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 6 Fashion TRENDS : Experts say retailers will hesitate to take fresh stocks till festive season. Subsidiaries such as zips and and tags to get effected due to lack of demand. 6-12 months expected to recover for big & small fashion brands respectively. Online fashion e-commerce brands expected to recover soon as people may avoid going to crowded malls/ showrooms to shop. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 7 Retail TRENDS : Retail expected to see major loss of earning and jobs amidst lock-down. Manufacturing to not resume soon as retailers are left with surplus stocks for at least 6 months. Expect a slow recovery | Online retail expected to recover soon. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 8 Theme Parks TRENDS : Experts believe the industry has lost its biggest peak season of summer Serious impacts with public gatherings to stay restricted post lock down. Operational cost might overrun the revenues. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 9 Restaurants TRENDS : Brands following strict standards of hygiene expected to rise above this pandemic wave soon. Keep your dine area hygienic, COVID-19 compliant. Promote use of hand sanitizers, surgical gloves and masks for all staff. Communicate online effectively to the audience about strict hygiene standards. Experts suggest to reduce the number of food and add healthy options to menu. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 10 Travel TRENDS : New rules for traveling to come in practice to make every journey safe. Group tours with more number of guests to stay out of trend. Industry expected to suffer at least 5-6 months post lock-down. Communicate effectively with audience to give updates and measures taken for safety. Travelers are likely to prefer good hotels and quality food. Cheap packages might go out of demand. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 11 Airlines TRENDS : High impact on airline brands expected to incur heavy losses costing jobs of the employee. 4000 employees of a reputed brand sent on a mandatory leave without pay. Experts seem to be not optimistic for airline industry to take off within an year. Whenever the operations start, it will be slow with lot of layoffs expected in three-four months BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 12 Real Estate TRENDS : Few realtors believe the COVID-19 effect will be limited to luxury projects only. Fewer residential project launches expected in the coming months. Luxury real estate heavily rely on Chinese imports and is supposed to get hampered. Possession dates promised are expected to get delayed. BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS
ROHIT SINGH | @TEAMOYEROHIT | 2020 Looking for a professional advice with marketing for your brand? Book an on-call appointment with me at www.oyerohit.com BY WWW.OYEROHIT.COM GET EDUCATED AT OYEROHIT.COM/BLOGS