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Indian businesses resilient despite COVID-19 impact: HSBC report

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NEW DELHI : Many Indian businesses have shown high preparedness, made contingency plans for the future and continue to operate as normal despite the significant impact of COVID-19, says a report.According to HSBC's Navigator report, almost half (46%) of Indian businesses covered under a survey felt 'very strongly' impacted by the pandemic, yet more than half (54%) felt they were as well prepared as they possibly could be.This is a level that is the second highest amongst all countries surveyed and higher than the average across all markets (45%), according to the report titled, 'Building Back Better'.The survey was conducted on more than 2,600 companies across 14 global markets – including 200 firms from India.Despite the high level of.

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