As per HSBC’s Navigator report, approximately 54 per cent of Indian businesses have shown high resilience despite the significant impact of the ongoing COVID-19 crisis. Businesses have continued to operate as normal due to contingency plans in place for unforeseen events. The remaining 46 percent of businesses came under the ‘very strongly’ impacted survey by the pandemic. The report places India at second highest amongst all countries surveyed and the higher average across markets of 45 per cent.