Covid-19 was one of the worst pandemics ever. Undeniably, it changed the world, our lives, and of course every aspect of it. The economies of the world have been hit severely and India- one of the world’s fastest-growing economies- was not spared either. However, amidst all the disruptions affecting the financial sectors of the country, there are still innumerable reasons to remain cheerful and positive. The revamped Indian economy, post the Covid-19 scenario has left us with certain potential benefits and has made way for upcoming sectors that will boom or continue to boom in the coming years.
E-Commerce
Covid-19 increased online shopping among people, more than ever. The convenience, ease, and experience of online shopping were familiarized during the pandemic and this trend is likely to remain with people taking more advantage of it.
Fast-Food Franchisees
Fast food franchises are thriving as they have particularly adapted to the changing behavior of consumers. Introducing new technologies and automation has helped fast-food franchises weather the storm which will continue to remain this way even post the pandemic.
Fast-Food Deliveries
The trend of meals having delivered at home also witnessed a jump during the pandemic. Undeniably, these services have become more popular than ever before and this convenience of getting food delivered is believed to stick around, post-pandemic as well.
Gaming
Gaming became a popular pastime activity during the pandemic. Whether on consoles, PCs, or mobile devices, sales increased. Viewing the increased numbers, it is believed that people who gamed during the pandemic will continue to play even after it is over. The pandemic brought permanent changes in our entertainment habits and will continue to push the world even more in the gaming culture.
Remote Work Software
The work-from-home landscape was fixed greatly with remote work applications. This acceleration of trend during the pandemic led to almost all companies investing in software to establish a better connection among employees. Although a lot of people will go back to offices after the pandemic fades away and leaves us alone, many will not. Therefore, this shows software makers remain in demand.
Telemedicine
Plenty of people is now seeking medical appointments via telemedicine. This trend greatly saw a rise during the Covid. With people getting accustomed to this virtual lifestyle, the ease of virtual care visits is most likely to soar in the coming years.
Virtual Events
Virtual events, conferences, and get-togethers became staples during the pandemic. While many will return to the in-person activities and events, virtual gatherings and events will also continue to remain. And this will not only happen because people are now more accustomed to this way, but also the infrastructure invested by companies is much less. What is also likely to develop from this is a hybrid model where events will take place in-person, but there will also be an online version of it.
Home Improvement
Home sales have boomed during the pandemic. With owning homes becoming crucial in everyone’s lives, the real estate market has seen a great boom. Along with this, improvement stores and services have seen a new boom as well and surveys suggest that it will continue to remain this way for quite some time as people will carry on with investing in new properties.