THE DEVASTATING STATE OF INDUSTRIAL SECTOR DUE TO COVID-19

By Musaib Bin Nisar We have all come across the fact that there is a deadly virus going around in the world, preying on our health, wellness as well as our pockets and we all know that the current situation is worrisome due the Covid-19 pandemic. It’s brought the biggest countries in the world to their feet. The countries which had the best health care and patient care system are helpless and still trying to find a cure or antidote to this virus, first china then Italy, soon it covered America and then the other world countries. It has its effects on everything. But for us, people of the Industrial sector, it has made things even worse, we are crumbling within and no one is even noticing that because right now our priorities lie in terms of our health and wellness, but the financial matters are getting worse every passing day. As a third world country we don’t have the adequate measures and means to fight this pandemic, so we are put in a lockdown, but God forbid if this disease prevails here we would not be able to come over it, as we don’t have the means.

First China then Italy, Iran, America and other world countries who are gradually surpassing each other in the number of deaths and infected cases, where as Italy has the second best health care system in the world and still we had to watch it’s supreme leaders burst out in tears as they couldn’t do anything to save their people from these unfortunate deaths. While here in India due to various reasons and everything going on over here has already made the industrialists and young entrepreneurs over here suffer huge losses and due to this recent situation many units have went bankrupt. Many of the young entrepreneurs who were thinking of starting up their ideas and make their lives better have completely dropped the idea of entrepreneurship. The current situation is not only worrying in terms of health but also in terms of business losses as well. We have already gone through a lot and now due to the covid-19 pandemic we had to shut down our units for our very own safety as well as the safety of our employees, but this is high time to talk about the situation of industrialists as well as the small business owners, this pandemic has effected every single business person ranging from the street vendor to the highest in rank industrialist. Though this is a disaster nature put us through, it’s an endlessly fearsome thing for young entrepreneurs like myself and the ones I know who are struggling with payments of bank loans, debts to various people and companies and it’s threatening the spirit of entrepreneurship here. It’s not a hidden fact that many people here in India would go after businesses and leave the notion of getting government jobs.

Everyone knows that our parents as well as most of our youth due to the prevailing circumstances over here are conditioned to think in a way where govt. jobs feel like the most secure option, yet this notion was changing a slight bit, but first the situations arising here broke the spirit of entrepreneurship among the youth and now this Covid-19 is on a mission to get it completely erased from the mind and hearts of our youth, which is what is more worrying than the fact that the disease kills. 

Covid-19 is not only dangerous to one’s body but also to the will and spirit of youth to do something better and change lives, It is deadly to creativity as well as to the faith in oneself to become a life changing entrepreneur. In terms of business and industrial development, It has always been hard for the small businesses to survive when there were big sharks hunting them down and get them to merge and give up their ideas, it has taken us a decade to get to a point where our youth is finally starting to develop a notion of entrepreneurship as a way of being successful and happy in life, but with the given conditions, our ideology is going backwards to the era where our youth would look for safe options than have a will and take risk to do something big. This pandemic has proven to be deadlier than many of the deadliest diseases we have ever come across, being locked up in house gives us enough time to think and then go in a process of over-thinking things and make the conclusions that aren’t very healthy for a risk taking young mind to turn an idea into a big business opportunity. For me in person coronavirus is more than a disease, It is an enemy that is compelling me to re-think about  my place and my source of income, It is making me to have second guesses about why in the world did I even think of choosing to do a business whilst I knew the worst case scenario over here, and I am sure many of the young entrepreneurs like me are going through the same situations and thinking the same things. It’s like we are regretting the choice we made about our careers and now we think of ourselves as helpless people who took a risk to change their lives where as nature opposed them, Such are the times where young minds like me go into the deep overthinking process and end up being hopeless and lose their will to do something different, something big, and something better, and these are exactly the times where we should come forward address the issue and encourage the youth that you are not alone. That we are going through the same things, we are suffering same losses and we are being targeted in terms of health, economy, finance and what not by this Covid-19 pandemic. So, it’s a high time that we keep our spirits higher than ever.

And keep our will stronger than ever, and keep going, keep supporting each other through this calamity. In these testing times I would like to address my youth through this piece of writing, I would like to let them know that their spirit and will of changing lives is far stronger and mightier than the disease that’s out there killing people, killing dreams and killing the opportunities to make our and other young people’s better than what they are and change the situations with new innovative ideas. I would like to point out that our faith and our will matters and that is what will get us through these testing times. We may be suffering huge losses which might put us in debt for a long time but i am hoping that these big sharks and the companies we deal with, will make better policies for us to get out of this financial disaster. This threat that we are facing, in terms of health and wellness as well as in terms of finances, we can only overcome it if we help each other out through it. Be each other’s cornerstones and get this industrial sector blossom back to its glory.