NEW B USINESS OPPORTUNITIES

that may arise

due to the
outbreak of ‘‘CORONA VIRUS’’
The deadly Corona virus (COVID-19) has severely affected the global
markets and brought everyday life close to a halt across the globe. The
virus originated from China and although it has a handful of negative
sides it also somewhat uplifts the belief of Chinese people regarding the
word ‘’crisis.’’ The Chinese people perceive that a crisis is either a full risk
or an opportunity. So, this corona virus is also an opportunity to reshape
the things we do, the way we do them, etc. in order to ensure a better
and sustainable world.
The corona virus has changed the landscape of the modern business by
a huge magnitude. Many countries have gone into lockdown leading to
businesses being temporary shutdown as well. Revenues worth billions
are being lost every day all due to this vicious Corona virus. This
implicates how essential it is to redefine our businesses for the future.
And, owing to these circumstances, some of the business opportunities
that could arise are:
• Thermal imaging to detect common diseases
• High-tech electrostatic sprays to keep surroundings disinfected
• Face recognition enabled devices at workplaces
• E-Learning platforms to ensure undisrupted education
• Health & hygiene products to provide solid protection from virus,
germs or bacteria
• Automation in factories to lessen human labour dependency
• Cloud kitchens
• Online Boutiques, shopping services to reduce physical
contamination/interaction
• Remote working tech. tools to ensure smooth business
administration even under adversities
 • Virtual Medical appointment system to ensure faster & real time
consultation
• Indoor Vertical Farming to ensure sufficient food production for
families even in adversities
• Social Media Virtual Interaction to sustain human interaction even
under lockdowns, to remove monotony
• Digital Marketing to gradually shift from the conventional practices
• Specialized Research Institutes for complex disease diagnosis and
treatment
• Air purifiers
• Online Streaming services
The current situation because of the corona virus has well hinted at how
much we fall behind in terms of capacity building and the need of
modifying our businesses to respond to any crisis and some of these
opportunities can really enhance the way to sustainable businesses in
any complex situation.