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The Implications of the Covid-19 Pandemic on HRM Practices in Indian Manufacturing Industry

In: Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024)

Author

Listed:
  • J. Sridevi

    (Dr.MGR Educational & Research Institute)

  • S. Rajagopal

    (Dr.MGR Educational & Research Institute)

Abstract

The HRM department carries out Human Resource Management practices, and its crucial responsibility is to keep employees safe, healthy and satisfactory. Better and improved HRM practices help an organisation to build critical organisational capabilities, enhancing the satisfaction level of all the stakeholders. This research aims to understand the implication of the COVID-19 pandemic on the HRM practices of the manufacturing industries of India with the help of secondary data and thematic analysis. The total net worth of the Indian manufacturing industry is around 244.46 billion USD in 2023 and will rise to the mark of 365.25 billion USD as of 2028. The pharmacy manufacturing companies of India have seen a positive impact of COVID-19, while all the others have seen negative implications. It had faced some risks and challenges during the pandemic, but with the decisive steps of industries and government support, it had mitigated the impact. Now, it is ready to replace China in manufacturing.

Suggested Citation

  • J. Sridevi & S. Rajagopal, 2024. "The Implications of the Covid-19 Pandemic on HRM Practices in Indian Manufacturing Industry," Advances in Economics, Business and Management Research, in: N. V. Suresh & P. S. Buvaneswari (ed.), Proceedings of the International Conference on Digital Transformation in Business: Navigating the New Frontiers Beyond Boundaries (DTBNNF 2024), pages 578-588, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-433-4_44
    DOI: 10.2991/978-94-6463-433-4_44
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