Impact Of COVID 19 On Production

 Corona virus was outbreaked in Wuhan China on December 2019. Wuhan is the capital of Hubai that is an important state of China. World Health Organization recognized it as pandemic on 11 March 2020.

There are three waves of COVID 19. The first wave targeted elderly people. The second wave is targeting young and old people. The third wave is targeting all people. It is specially targeting children and new born child. 

According to World Health Organization the total number of COVID 19 suffered people is 161162,786. The total number of death due to COVID 19 is 334577 in the world on 12 May 2021.

The number of COVID suffered people is 23,703,665 in India and the total death from COVID 19 is 258551 on 12 May 2021 according to Worldometerin. 

There are more than 150 countries suffered from COVID 19. The maximum suffered countries is U. S. A., Brazil, France Turkey, Russia, U. K., Italy, Spain, Germany, Argentina, Colombia, Poland, Iran, Mexico, Ukraine, Peru, Indonesia and India. The condition of India is very bad because it is the second largest country of the world on the basis of population. 

The COVID 19 pandemic creats many problems in economy. It creats problems in business, education, administration etc.Every sector of economy affects due to COVID 19 but business is affected maximum.It is the biggest concern issue before every government because business affect the live of common people.It also provides employment to billion people.It also provides tax to government that is used to maintain law and order inside the country.

There are many functions of business. These functions are production, Demand Forecasting, Supplying, Pricing, Advertising, Warehousing, Communicating, Trading, Distributing and so on. Production is the first and very important function of business. Due to COVID 19 the production of every company affects in world. 

Maruti Suzuki that is the biggest car maker company of India suspends it's production from 1 May to 16 May 2021 

Ashok Leyland that is owned by Hinduja Groups also announced to curtail its production It makes commercial vehicle. 

Honda Motorcycle that is the fourth vehicle manufactured company of India suspended its production from 1 May 2021.

Scooter India that is also an important company of two wheelers suspended it's production from 1 May 2021.

Hero Motocorp, Toyota, Kirloskar also suspended their production from 29 April to 5 May 2021.

Tata Motors owned Jagur Land Rover announce to suspend its production in Bromwhich and Halewood unit for one week. 

Bosch that is also an important company of India that makes Auto components suspended its production from 12 May to 23 May 2021 in Nasik plant. 

Lava and Micromax that is an important Indian company of Smart phones decreased their production 50 percent. 

According to the survey of IDC research every smart phones company decrease its production due to many reasons. These reasons are scarcity of Semiconductor, demand decrease, problem of supply chain and safety of employees. 

According to the survey of Mahratta Chamber of Commerce and Agriculture there is 31 percent production decreased  in the factory that is established in Pune. There are more than 150 organization participated in this survey. 

India is the fifth largest economy in the world. It plays an important role in the growth of world so if the production of India affects due to COVID 19 it is naturally the business of whole world affects. 

So according to my opinion central government should make global policy, rules, regulations and law and creats a strong investment climate to recover the negative impact of COVID 19 and perform it's function by an effective, efficient and economical way. 

Comments

  1. #Roushani shroff May 13, 2021 at 1:54 PM

    Yes it's absolutely right we all agree from this article because of covid -19 A lot of companies are at a disadvantage.
    COVID 19 pandemic creats many problems in economy. It creats problems in also business, education, administration etc.
    So we really want from central government to creat strong investement climate to recover negative impact of covid-19 do somthing hard for this pandemic.

    ReplyDelete
  2. RavinaMay 13, 2021 at 10:14 PM

    There is a huge problem that has been arised due to Covid 19. It is that all the sectors are highly affected. Production is one of them. So, we should find such policy, rules that will help us to perform our work in a better way.

    ReplyDelete
  3. UnknownMay 14, 2021 at 1:25 AM

    I think we should get the best summary here.

    ReplyDelete
  4. SUCCESS THROUGH MANAGEMENTMay 14, 2021 at 2:03 AM

    Awesome 👌 👌 👌 👌

    ReplyDelete
  5. Acharyakulam world schoolMay 14, 2021 at 5:52 AM

    I am happy to have read this type of article which is good for the society.

    ReplyDelete
  6. UnknownMay 15, 2021 at 9:32 AM

    I am agree with your opinion.

    ReplyDelete
  7. UnknownMay 16, 2021 at 8:33 AM

    I am happy to read this article.

    ReplyDelete
  8. UnknownMay 16, 2021 at 8:34 AM

    Happy to read this article.

    ReplyDelete
  9. UnknownMay 18, 2021 at 12:33 AM

    Tough work, but best work

    ReplyDelete
  10. UnknownMay 18, 2021 at 12:34 AM

    Tough work, but best work
    Devanshu
    Muzaffarpur

    ReplyDelete
  11. UnknownMay 22, 2021 at 9:51 AM

    Very crucial Period for all.so we take all the precaution thanks (gaurav)

    ReplyDelete
  12. UnknownMay 23, 2021 at 7:11 AM

    Excellent
    (RAJ SHREE) BIHAR MUZ

    ReplyDelete
  13. UnknownMay 25, 2021 at 2:58 AM

    Great suggestions.. I agree with you
    Informative article
    (Annie kiran)
    Muz. Bihar

    ReplyDelete

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