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IMPACT OF COVID–19 ON CHEMICALS INDUSTRY

Siliconindia - India Edition

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June 2020

Prasad has been associated with Aranca for over a decade now, prior to which he has worked with InterSTrat Consultants and Forbes & Company.

- Prasad Kulkarni

IMPACT OF COVID–19 ON CHEMICALS INDUSTRY

Since its outbreak in China toward the end of 2019, the coronavirus pandemic has evolved into one of the most significant challenges the global economy has ever faced. With 4.5 million infections and 300,000+ casualties so far, it shows no signs of abating anytime soon. Lockdowns and social distancing remain the only ways to control the spread, and these measures have caused widespread disruption on the demand and supply fronts. Many industries are facing a downturn, and as the quarters roll by, the impact is only becoming more visible.

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