The world changed in 2020. Earlier, globalisation took the form of horizontal expansion of the supply chain. Post the pandemic, it might mean vertically deepening supply chains in a few geographies, says Jahangir Aziz.
Agencies"We believe that GDP growth will come around -6.5% in FY21 and in FY22 it will grow above 13.5%. But even with these optimistic numbers, the level of GDP by end-March 2022 will still be 4-5% lower than India’s pre-pandemic growth path," says Aziz.