India Inc Embraces WFH, Slashes Non-Essential Travel After PM Modi’s Call
India Inc Embraces WFH, Slashes Non-Essential Travel After PM Modi’s Call
Corporate India shifts to hybrid work and trims travel as PM Modi urges WFH, with firms prioritizing virtual meetings and cost-saving measures.
Corporate India is signaling a measured embrace of Prime Minister Modi's call to work from home and curb non-essential travel. Companies including KPMG, Deloitte, and Tata Motors have begun reviewing policies and many have already shifted to hybrid models, leaning on virtual meetings to keep operations running.
The move comes as executives say the policy can help conserve foreign exchange and shield businesses from global uncertainties. Industry body Nasscom has voiced support for well-established hybrid work models in response to the PM's appeal, while some firms are also looking at energy management measures on campuses amid tensions in West Asia.
RBI data shows that spending on foreign travel has been falling, with real growth in purchases of immovable assets abroad and investments in foreign debt and equity. This context is pushing companies to re-prioritize travel budgets and encourage virtual collaboration.
For employees, the shift could mean more flexible work options but also a need for clear communication about performance and engagement. As businesses navigate this transition, the focus remains on continuity, productivity, and prudent use of resources.
