‘Second wave impacted business activities’: India Inc says mass vaccination only solution to Covid crisis

A FICCI-Dhruva survey showed that 58 per cent of companies saw a high impact on their businesses due to lockdown in states due to the second wave of Covid-19. India Inc, meanwhile, added that vaccinating people is the only long-term solution to the current Covid-19 crisis.

With more states getting into ‘unlock’ mode, there are early indications of improvement in economic activity and companies are hopeful of better performance in the next 6-12 months. According to the Federation of Indian Chambers of Commerce and Industry (FICCI) - Dhruva Advisors Business Survey, India Inc believes the country must prepare for subsequent waves and that mass vaccination is the only lasting solution to the Covid crisis.