World To Witness Transformation And Business Boost, Post Covid-19
Studying the events around the world that seem to move in an intriguing and repetitive cycle, Savills India expects global businesses to see a surge post that current pandemic that world is grappling with. The business boost seen after the dot com burst, twin-tower attack and Global Financial crisis is a strong indicator that the current decade, is expected to deal with the negative start of the pandemic and much like earlier, will have a wave of drivers to power world businesses and economies.
Some noteworthy analysis below:
- Global economic decline projected in upcoming quarters- loss of investor confidence, consumption slowdown, loss of jobs
- India too will witness a slowdown in the current and coming quarter, however stands to benefit post recovery
- AI, Machine learning, data analytics, e-commerce, Internet of Things, Pharma and Healthcare to be positively impacted