Of course, the ongoing lockdown has surely pushed the manufacturing industry negatively, which contributes about 20% of India’s GDP. Out of this considerable share, the auto industry contributes about 50% of it. Though the situation of the auto industry was bad in the pre-lockdown period, however, it’s even worse now. The time of uncertainty has impacted small organizations with lesser power and lower profitability. This has
![COVID-19 Industry Impact](https://onlineapply.homecredit.co.in/wp-content/uploads/2020/07/Indian-Industries-impacted-massively-by-COVID-19.png)
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We are witnessing how the superpowers are already striving hard to cope up with an economical shutdown & falling demand for consumer products. The strongest economies are worried about how to drive growth amidst the corona virus scare in the country. Quite a few Indian sectors have reached a critical state & are hoping for