Name – Prazavi Jain

ENROLLMENT NO - 1-19-117
Sec –B-37
INTERNATIONAL BUSINESS VIVA ASSIGNMENT
Q.1 What will be the effect of corona virus on different aspects of International
Business for Indian companies. Will they gain or lose
Ans.1 Coronavirus has affected import and export market of the countries who
were regular partner in trade with the affected countries directly or indirectly.
 Stock markets hit by a rapid spread of coronavirus that has disrupted
businesses and supply chains across the world.

 14 million jobs in the leisure and hospitality sector alone are at risk due to
mandated shutdowns. According to International Labour Organization (ILO)
estimates, 24.7 million jobs would be lost due to the Coronavirus.

 The spread of novel corona virus has led global investors to rush for
pharmaceutical stocks recently on the back drop of a rise in demand for
generic and branded generics leading to shortages and over pricing of drugs.

 Indian economy’s quarterly GDP growth rate dragging to below 5% it is crystal

clear that auto sector is facing the slow-down. Also interestingly Bajaj Auto has
increased their exports and now they export more than they sell in India.
Again, the auto sector in India is not in a good shape due to corona virus.

 Corona virus is also negatively impacting companies like Tata Motors which
derive 11% of their revenues from China and also Motherson Sumi which has
its 6% revenue from China.

Sliding global GDP, depressing new industrial order, and deflation etc. are the
emerging negative consequences with the simultaneous effects of the corona
virus. All these factor makes the national and international economy rather
apprehensive and makes the domestic stock markets more cautious.