The COVID-19 pandemic has hit the world in an unprecedented way. It has brought a sudden halt in our lives, like someone has hit a pause button and we are not sure when our lives will be resumed again. Due to the ongoing lockdowns, many industries across the world have also been affected in a very unexpected ways and India is no exception to it. Indian economy has also received a blow during this pandemic. The manufacturing industry which contributes to around 20% of the GDP has been primarily affected. Let us see how. Reduced Demands: Many businesses are witnessing reduction in demand since the lockdowns started, for example the…
