Question: Adversely affected Sectors Apparel & Textilewill get hit adversely due to disruption in labour supply, raw material unavailability, working capital constraints and restricted demand due

Adversely affected Sectors

  • Apparel & Textilewill get hit adversely due to disruption in labour supply, raw material unavailability, working capital constraints and restricted demand due to limited movement of people and purchasing ability.
  • Auto sector(which includes automobiles and auto parts) will continue to face challenges on account of lack of demand, global recession and falling income levels.
  • Aviation & Tourismis one sector which has the highest probability of going under without direct government intervention. In the next 12 months, it's highly unlikely people will travel for leisure apart from very essential travel.
  • Shipping and Non-Food Retail- Non food retail chains and global shipping businesses will find this 12 month period very challenging.
  • Building & Constructionbusinesses are generally leveraged and hence will face the dual challenges of high-interest payments and lack of sales.

https://blog.smallcase.com/the-new-normal-analysis-of-covid-19-on-indian-businesses-sectors-and-the-economy/

Q. SO with above reference explain the challenges faced by following companies due to covid -19 in detail and explain what has each company done (strategy wise) to overcom the challenge in detail the companies are:

  1. ICICI bank
  2. VOdafone
  3. godrej
  4. expedia group
  5. marriot international

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