The COVID-19 pandemic has had a significant impact on the Indian economy. Here are some of the major impacts:

• Shrinking GDP: The pandemic has caused a significant decline in India's GDP growth rate, leading to recession.
• Unemployment: Due to the pandemic, millions of people lost their jobs or had to face pay cuts, leading to severe unemployment.
• Disruption of supply chains: The pandemic resulted in the disruption of supply chains, which led to a shortage of goods, affecting businesses and manufacturing sectors.
• Decreased Investments: Foreign investors have retracted their investments, which impacted the growth of Indian markets and contributed to a decline in business investment.
• Struggles in the Service Industry: The pandemic has caused a massive amount of loss for businesses in various service sectors, including hospitality and travel.

These significant disruptions have led to a decline in the country's overall economic activity and slowed down growth in industries and businesses. It is likely that India will take a long time to recover from the shocks of the pandemic.