Corona virus or COVID -19 was first reported in Wuhan, China on 31st December, 2019 and it is a family of large viruses that cause illness and death. In India first case of Covid-19 was reported on 30 January 2020 in Kerala and at present it is impacting Indian economy on a large scale. Almost all the sectors of Indian economy are closed due to the widespread of Covid-19 because there is condition of Lockdown in India due to which all the production activity in the country is discontinued. India is one of the few most affected economies in the world due to the spread of corona virus or covid-19 epidemic. The slow production in China will also affect Indian economy. In India the trade impact of Covid-19 is estimated around 348 million dollars and India is one of the 15 most affected economies in the world. According to UN report, the slowdown of manufacturing in China is affecting on a large scale to Indian economy. According to the report published by UNCTAD the slowdown of manufacturing in China due to the outbreak of Covid-19 is disrupting world trade and as a result of this could cause 50 billion dollar decrease in exports across global value chains. But the trade impact on India is less when compared with other economies of European Union.

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Keywords: Corona Virus, Economy, Manufacturing, UNCTAD, Lockdown, Covid-19, ADB, ADO.