Indian Consumers are witnessing a massive change in behaviour driven by health, privacy and hyper-localisation, according to a report by consultancy firm EY.
A whopping of 94.5 per cent of the working respondents have settled into a virtual working environment and while 40 per cent are positive about working from home, said "Life in a pandemic" report.
On the other hand, around 70 per cent of the population continues to grapple with fear and anxiety and the consumer mindset is largely negative and cautious.
As per the report, people are becoming health conscious due to the pandemic -- 80 per cent of the respondents are improving their eating habits, 56 per cent are participating in housework and 33 per cent are doing workouts.
The COVID-19 pandemic has made most people more comfortable with spending on online services which is expected to continue to post the pandemic world as well.
"Online services are increasingly being adopted for fitness, education and utilities like banking, groceries and bill payments," it added.
The findings further revealed that nearly 80 per cent of the people are improving their eating habits, 56 per cent are engaging in housework and 33 per cent are doing workouts. There is a greater focus on maintaining healthier relationships with friends, family and the community, it asserted.
The report said that 78 per cent of the respondents "are constantly in touch with their friends and family through video/audio calls. The adoption rate of digital services is increasing and enabling people to feel safe and connected".
Commenting on the report, EY India Partner - Customer Experience and Design Thinking Shashank Shwet said "To win in adversity, companies need to tailor strategies to today’s unique context. Brands that will be nimble enough to capture the pulse of these changes, make timely alterations to their modus operandi and add digital and convenience as a service will thrive in these unprecedented scenarios".
Follow and connect with us on LinkedIn, Facebook, Instagram, Twitter for latest HR news and insights.
Does your organisation support you in maintaining work-life boundaries?
Trending
-
SBI General Insurance Launches Digital Health Campaign
-
CredR Rolls Out 'Life Happens' Leave For Its Employees
-
Meesho Announces 30-Week Gender-Neutral Parental Leave Policy
-
Microsoft Unveils Tech Resilience Curriculum To Foster An Inclusive Future
-
60% Indian Professionals Looking For Job Change Due To COVID: Survey
-
SpringPeople And Siemens Collaborate For Digital Transformation Push
-
86% Professionals Believe Hybrid Work Is Essential For Work Life Balance: Report
-
Almost 1 In Every 3 People's Personal Life Affected Due To Work Stress
-
Meesho Rolls Out Reset And Recharge Policy For Employees
-
80% Of Talent Leaders & Academics Say Pandemic Changed Skill Needs For Youth: Report
-
Hero Electric Rolls Out 'Hero Care' Program For Employees
-
Human Capital In Collaboration With ASSOCHAM Hosts Virtual Conference
-
IKEA India, Tata STRIVE Collaborate To Create Employability And Entrepreneurship Opportunities
-
SAP India, Microsoft Launch Tech Skilling Program for Young Women
-
DXC Technology, NASSCOM Collaborate For Employability Skills Program
-
Lenskart To Hire Over 2000 Employees Across India By 2022
-
Mindtree Launches Learn-and-Earn Program
-
Tata AIA Extends 'Raksha Ka Teeka' To Its Employees
-
Swadesh Behera Is The New CPO Of Titan
-
NetConnect Global Plans To Recruit 5000 Tech Professionals In India
-
Hubhopper Plans To Hire 60% Of Indian Podcasters By 2022
-
Corporate India Needs More Women In Leadership Roles: Report
-
Aon to Invest $30 Million and Create 10,000 Apprenticeships by 2030
-
Tech Mahindra Launches ‘Gift a Career’ Initiative for Upskilling of Youth
-
40% Women Prefer Flexible Working Options in Post-COVID World: Survey
-
3 out of 4 companies believe they can effectively hire employees virtually: Report
-
Vodafone , CGI and NASSCOM Foundation launch digital skills platform
-
Odisha: Bank, postal employees to deliver cash for elderly, differently-abled persons
-
Skill India launches AI-based digital platform for "Skilled Workforce"
-
Hiring activity declines 6.73% in first quarter: Survey
-
70% startups impacted by COVID-19 pandemic
-
Bajaj Allianz Life ropes in Santanu Banerjee as CHRO
-
Over 70 Percent MSMEs look at cutting jobs to sustain businesses
-
93 Per Cent employees stressed about returning to office post-lockdown
-
Johnson & Johnson India announces family benefits for same gender partners
-
Indian firms turning friendly towards working mothers
-
Welspun India names Rajendra Mehta as new CHRO
-
Wipro partners with NASSCOM to launch Future Skills platform
Human Capital is niche media organisation for HR and Corporate. Our aim is to create an outstanding user experience for all our clients, readers, employers and employees through inspiring, industry-leading content pieces in the form of case studies, analysis, expert reports, authored articles and blogs. We cover topics such as talent acquisition, learning and development, diversity and inclusion, leadership, compensation, recruitment and many more.
Subscribe Now
Comment