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Vaccine boost for travel and retail sectors

Dec 29,2020
Times Of India

After receiving a debilitating shock treatment at the hands of Covid, several industries in India across retail, FMCG and automobile are set to get back on their feet in 2021. Sectors like entertainment, travel and retail are expected to receive a boost once public confidence in vaccines kick in. Most retailers said they have recovered 70-80% of pre-Covid annual sales on the back of a bullish festive season. “A lot, however, will depend on further lockdowns due to the new strain of the virus,” said Rajat Wahi, partner at Deloitte India.