Coronavirus scare: IT companies bear the brunt in Kashmir
Mar 12: It was after six months of internet shutdown that Sameer Ahmad started
operations of his Information Technology Company.
lost almost 70 percent of clientele across the globe due to internet shutdown
last year, he was left with only option to visit his clients to convince them
for resuming business.
coronavirus threat and Ahmad’s dream came crashing down. “Major IT companies have suspended their
operations in the country and abroad. I mailed and called up my clients but
they are not showing any interest. I had decided to visit them personally but
under current circumstances, it is not possible,” he said.
is not an isolated case. There are scores of IT unitholders who are facing
heavy losses due to the coronavirus scare. Several companies in IT hub across
the continents have shut down.
top IT firms have a fairly large presence in Singapore, Hong Kong, and other
countries, which reported many cases of coronavirus.
sector already took a hit due to a six-month-long internet blockade. For the
last 20 days, our business had started picking up again. Coronavirus, which is now a bigger challenge
worldwide, is equally affecting our business,” said Mehraj Gulzar, former
chairman of the Information and Communications Technology Association (ICTA).
said their national and international clients are shifting to other IT
companies. “If the virus is not contained, it will have a major impact on the
overall IT sector. Our marketing plans and meetings with national and
international clients are stuck,” he said.
of article 370, IT was among the prime sectors, which took a major hit. At
least 3,000 techies lost their jobs as many companies moved their offices to
other states or remained closed for at least six months.
economists claim that India’s $185 billion information technology (IT) industry
has so far minimally impacted.