Business Standard

Indian businesses showed preparedness, resilience despite Covid-19: Report

The survey was conducted on more than 2,600 companies across 14 global markets including 200 firms from India

Representative image. Photo: Shutterstock
Premium

However, 2% of those surveyed in India feel that their long term survival is threatened

Press Trust of India New Delhi
Many Indian businesses have shown high preparedness, made contingency plans for the future and continue to operate as normal despite the significant impact of Covid-19, says a report.
According to HSBC's Navigator report, almost half (46 per cent) of Indian businesses covered under a survey felt 'very strongly' impacted by the pandemic, yet more than half (54 per cent) felt they were as well prepared as they possibly could be.
This is a level that is the second highest amongst all countries surveyed and higher than the average across all markets (45 per cent), according to the report titled, 'Building Back Better'.
The survey

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 21 2020 | 2:57 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com