Converting risk into opportunity: 3 Sectors that May See Massive Growth in Post Covid-19 Era!
The Indian economy has taken a blow, due to the Covid-19 pandemic. But some sectors have converted this threat into a lifetime opportunity. The companies are fighting for their survival challenges; however, the current job market is expected to see immense growth post-COVID era.
Even though the economy is witnessing a slow recovery, few sectors are expected to perform better shortly. This will have a deep and positive impact on the job market in India and might also help to minimize the current lay-off scenario.
Following are the top 3 sectors that will be offering opportunities for both the professionals and entrepreneurs who are looking to target the segmented market:
Digital & Technology: The course of the pandemic has changed the dynamics of the way we work. Most people are now working from home which has made digital medium paramount. Whether it is entertainment, education, work, or business, online platforms have seen a boost.
The huge demand for meetings over video calls has inspired the platforms to come-up with innovative features. Entrepreneurs and job professionals can find ample jobs and career opportunities despite after covid-19 pandemic.
FMCG & Retail: If there is one sector that has seen growth during the pandemic times, it is FMCG & retail sector. During the lockdown, consumers opted for eating home-cooked food. Consumer behavior shifted from eating outdoors to indoors. The continuous confusion among the consumers heightened the need for healthy food and essential supplies.
Multiple brands have launched new products in the food and healthcare categories to increase their distribution reach. From big to small, the food-based retail chains have emerged as clear winners. This sector will see many opportunities in the current job market.
Healthcare Sector: Despite facing the hardships owing to the lockdown, this sector is going to see immense growth in the aftermath of the pandemic. The importance of health investment is realized all across the world. Demand for PPE kits, masks, and sanitizers has seen a rise.
Many companies are using this opportunity by introducing a different segment of the product mix. While new brands are trying to mint the situation, established brands that have earned the trust of their customers over the years are leading through this rat race. Thus, we can hopefully expect increased jobs and business opportunities in this sector.
Difficulties of your life are not the dead ends; they are just the sweet bends. So, look for opportunities in the sectors that are faring better. It would be a smart move!