COVID 19

How the Indian Industrial Ecosystem Stood tall Against Covid-19?

India is world’s second-most populated country, which has been under its 4th phase of nationwide lockdown. Today, it shows over 66,000+ cases of COVID-19, and 3600 deaths, according to a leading  global reporting agency. As an aftermath of this pandemic, we experienced different startups, investors, governments, and corporate collaborating together.

It’s not just the home delivery partners but also the Healthcare startups who are cooperating with one another in times of disaster.

Covid-19 Industrial & Transport Growth

Cross Collaboration

We see an extraordinary example of unity in diversity and how efforts have been stepped up work out solutions of value. The cab aggregators have joined hands with online groceries to deliver quick essentials at a price. Like Rapido being an online aggregator tied up with Bigbazaar, Spencers, etc for all important goods. Hospitality major like OYO has united with Apollo Hospitals to build isolation centers & also worked in consonance with embassies to provide accommodation to stranded tourists, travelers, etc. These fewer, yet important steps will contribute substantially to make good of the current state of affairs. In-fact, we also observe Multinationals in metros providing annual insurance plans to employees for Covid related treatment & hospitalization.

Multiple Industries Contribution

Starting with cab aggregators to delivery partners & hotel aggregators working in with hospitals, the coronavirus pandemic has brought together multiple industries & ecosystem for valuable contribution.

Obviously, the Coronavirus has affected different aspects of businesses, however the startups have largely taken charge. Not only are we staring at an uncertain future but also running out of limited resources faster. We see several delivery brands who are taking a stand & talking to authorities to get permits & passes for smooth distribution of essential services.

This is also called cross collaborating  where different sectors are liaising with unrelated sectors for appropriate solutions. The taxi startups (Uber, Ola, Dunzo) are doing their bit even after a stoppage to their successfully running business.

India being the 3rd largest startup ecosystem in the world responds instantaneously to the catastrophe faced by the Indian markets.

Interesting Read: Impact of COVID-19 on Middle Class in India

Transport Facilities

India’s behemoth railways are fighting against Covid-19 in a big way! The idea is to tap the unused power of trains to prepare against the surge in infected patients & also conveniently transport them.

The intention to convert 5,000 train coaches into quarantine/isolation wards has already begun. This is about 40,000 odd beds for patients. And Railway ministry is prepared to convert another 15,000 coaches.

The whole idea is to have capital reliable and scalable actionable that requires the first push. Additionally, the digital platforms will bring the world together with networks, capital, and assets to create synergies like never before & encourage fast & meaningful headway!

Tags
Show More

Leave a Reply

Your email address will not be published.

Back to top button
Get Instant Cash Loan upto INR 2 Lakhs Quick and Easy Process