New risk factor for India Inc: Pollution

A thick blanket of smog is no longer just a health hazard in urban India; it has emerged as a palpable threat to business activity. As pollution levels soar, companies are grappling with decreased productivity and increased operational costs. The smog's impact on employee health leads to higher absenteeism and lower efficiency, compelling businesses to invest more in healthcare and air filtration systems. Moreover, the environmental crisis is affecting supply chains, with transportation delays becoming increasingly common due to poor visibility and health-related disruptions. Industries reliant on outdoor operations, such as construction and logistics, face significant setbacks, which in turn ripple through the broader economy. This pollution-induced slowdown is prompting firms to reassess their risk management strategies and operational plans. In response, some companies are beginning to explore remote work solutions and flexible schedules to mitigate the impact of pollution on their workforce. Policymakers, too, are under pressure to implement stricter environmental regulations and promote sustainable practices. As India Inc. navigates this new risk landscape, the intersection of environmental and economic health becomes ever more critical, urging collective action from both the private sector and government.

— Authored by Next24 Live