Facing New Challenges

Hanmantrao Gaikwad, Chairman and Managing Director, BVG India Ltd.   Couple of day’s back I was reading the COVID-19 Action Platform's discussion, this platform is launched by World Economic Forum that aims to convene the business community for collective action, protect people’s livelihoods and facilitate business continuity, and mobilize support for the COVID-19 response. The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide. But the sum of many individual actions by stakeholders around the world will not add up to a sufficient response. Only coordinated action by business, combined with global, multi stakeholder cooperation can mitigate the risk and impact of this unprecedented global health emergency, the Platform thinks. Platform's first meeting was held in March, going through the discussion what made me more cautious, the points raised by members Jeremy Farrar and Hoffman. Farrar pointed out that unless we get a vaccine this infection was not going to disappear; we might hit by second or third wave of corona. Hoffman's views were similar to this. This is unprecedented economic crisis on the globe and that I want underline by mentioning above discussion.  Some people are telling that we are facing situation like 2008 recession. But there is no parallel to this. World economy overall is going to hit severally. In 2008 some nations had escaped from the recession, now no one can escape. But I think there is always ray of hope at the end of the tunnel. We will definitely get vaccine in near future. But my point is that world after COVID-19 will be very different from the world before COVID-19. You may not see many businesses, industries etc post COVID-19. But what is all season company, which survives in any condition.  I have already started contemplating on strategy how will be my BVG India Limited post COVID-19. BVG India (Bharat Vikas Group) which was mainly launched with the aim to provide jobs to common people. After two decades it’s a family of 80,000 members operating in 22 states of India. As creating job opportunities was our sole aim, we never bothered about huge profits. Initially we started our business activities from integrated multi facility management, later on we entered in diversified businesses that is agriculture, emergency medical services, clean energy, life sciences etc. Right now, our FM wings is working from Parliament House to AIIMS and beautiful Tajmahal to historic Somnath Temple, from TATA Motors to Volkswagen etc. We operate EMS i.e. emergency medical services, dial 108, in AP, Maharashtra and J-K. Police support service in MP, Dial 100. Our agriculture wing BVG Life has done miracles in residue free farming by increasing yield and quality by two-fold. BVG Life is also works in animal and human health sectors. In global pandemic situation I personally think that post COVID-19 world would be having big opportunity in health sector and cleanliness i.e. personal and social hygiene segments. In future will be strategically working on these sectors. We have recently launched 'SHAT Plus' herbal tonic based on nano technology which improves body immunity in couple of days. It has shown miraculous results in patients facing viral infections. It is patented herbal drug approved by FDA. It is first of its kind hundred percent herbal health supplement based on nano tech. BVG Life also working on 18 types of cancers, hypertension, cataract etc. Cataract herbal medicine trials on animals are just finished, in merely 15 days cataract found vanished in the results. Post COVID-19 we will be more concentrating on this sector. It’s true that never faced recession is ringing bell on the door. But history of the world shows us that it has survived in many such pandemic attacks. So, this time also it will survive. But big question is that “At what cost?"