covid 2.0: Battling Covid 2.0: Q1 for sorrow, Q2 for joy, predict most businesses : vimarsana.com

covid 2.0: Battling Covid 2.0: Q1 for sorrow, Q2 for joy, predict most businesses


Synopsis
Across sectors, there is hope of a recovery in FY22 after June on the back of a good monsoon, waning infections and a boost from pent-up demand. For April-June, most businesses say forecasts are tough to make. ET spoke to industry executives, industry associations and data analysts for this report.
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April-June 2021 seems much like, or even worse than, April-June 2020. However, businesses across sectors are hopeful a waning of the second Covid-19 wave — and therefore, greater mobility, speeded up vaccination, another burst of pent-up demand — and a good monsoon will mean brisk sales over the rest of FY22. Recovery will be uneven across sectors, just as the extent of demand dip has been since the second wave hit India. For April-June, most businesses say forecasts are tough to make. ET spoke to industry executives, industry associations and data analysts for this report.

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