COVID-19 outbreak is the major shock for the Indian Economy. It has struck the economy suddenly and impacted very hard. With the prolonged lockdown that country has witnessed never before in the history of the country. Due to the global downturn the demand and supply chain disrupted and the economy is likely to face a protracted period of slowdown. The magnitude of this economic impact will depend upon the duration of pandemic and health crisis. In this research paper I describe the impact of pandemic on Indian economy and analyze the various sectors of the business impacted by the pandemic.