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ICRA

Indian apparel exporters to see 9 to 11% revenue growth in FY25

Indian apparel exporters to see 9 to 11% revenue growth in FY25

Mon, Oct 21, 2024

Indian apparel exporters are estimated to see a 9-11 per cent revenue growth in FY25, benefitting from the gradual liquidation of retail inventory in the key end markets and a shift in global sourcing to the country, a part of the de-risking strategy adopted by several customers, a report showed on Monday.

ICRA forecasts 20-25% growth for Indian room air-conditioner industry in FY'25

ICRA forecasts 20-25% growth for Indian room air-conditioner industry in FY'25

Tue, Oct 15, 2024

The domestic RAC industry surpassed the pre-COVID peak levels in sales volumes in financial year 2023-2024, aided by changing climatic conditions and favourable consumer trends

Cargo volumes expected to hit 3.7 MT in FY25: Icra

Cargo volumes expected to hit 3.7 MT in FY25: Icra

Tue, Oct 15, 2024

The overall cargo volumes are expected to see a year-on-year growth of 9-11 per cent to 3.6-3.7 million tonnes this fiscal year.

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7.1% GDP estimate erroneous, says Icra

7.1% GDP estimate erroneous, says Icra

Sat, Jan 07, 2017

"Given the impact of demonetisation on actual activity from mid-November 2016 onward, projecting GDP growth for the full year by extrapolating the trends up to October 2016 for several sectors, may introduce more errors than in earlier years. This would be particularly apt for cash intensive sectors such as construction," Icra said in a statement.

Stable outlook of Indian corporates will bring sustained economic growth further: Moody's

Stable outlook of Indian corporates will bring sustained economic growth further: Moody's

Wed, Jan 04, 2017

Laura Acres, Managing Director in Moody's Corporate Finance Group said, Strong GDP growth, capacity additions and stabilizing commodity prices will support EBITDA growth of 6%-12% over the next 12-18 months,"

Deferred consumption to affect state govts' tax revenues: Icra

Deferred consumption to affect state govts' tax revenues: Icra

Tue, Dec 13, 2016

The states may not be able to appreciably compress their revenue expenditure below the projected level.

Indian pharma industry facing growth headwinds: ICRA

Indian pharma industry facing growth headwinds: ICRA

Thu, Dec 08, 2016

"In spite of these ongoing challenges, several Indian pharma companies are increasing their R&D spend, targeting pipeline of specialty drugs, niche molecules and complex therapies," ICRA said.

Demonetisation: Highway toll collection to drop by a third

Demonetisation: Highway toll collection to drop by a third

Wed, Nov 16, 2016

Shubham Jain, Vice-President, ICRA, said, “Most road projects have been operating on a low buffer over DSCR, owing to various factors like low base traffic/ traffic growth, high premium payments and modest toll rate hikes on account of the prevailing low wholesale price inflation over the past few years.

Axis Bank sees reduction in lending rates post demonetisation

Axis Bank sees reduction in lending rates post demonetisation

Sun, Nov 13, 2016

Domestic ratings agency Icra has said that it expects a 0.03-0.10 per cent dip in the cost of deposits in the near to medium term because of the surge. This reduction can be passed on to borrowers through a cut in the marginal cost of funding based lending rate.

No meaningful improvement in the credit quality of Indian entities, Icra says

No meaningful improvement in the credit quality of Indian entities, Icra says

Mon, Oct 10, 2016

The credit quality of domestic corporate sector entities unlikely to worsen further, the report added.

Car sales growth may claw back to double digits in near-term

Car sales growth may claw back to double digits in near-term

Tue, Sep 13, 2016

Domestic PV industry registered robust 16.7% growth during August 2016, driven by stellar 47% growth in the utility vehicle segment.

India's textile sector shows modest 1% growth amid global slowdown

India's textile sector shows modest 1% growth amid global slowdown

Tue, Aug 23, 2016

India has a marginal share of 4% in global apparel trade.

Why car buyers in India still prefer manual transmission over automatic

Why car buyers in India still prefer manual transmission over automatic

Wed, Aug 17, 2016

Considering increasing penetration of automatic manual transmission (AMT) in the entry level segment as well as improving awareness regarding automatic cars, it is expected that automatic car transmission will account for over 15% share by FY2020.

Automatic transmission to account for over 15% of cars owned by 2020 in India: Report

Automatic transmission to account for over 15% of cars owned by 2020 in India: Report

Mon, Aug 15, 2016

It is expected that automatic car transmission will account for over 15% share (excluding luxury cars, which already has 90%+ penetration of AT) by FY2020.

Icra sees better times for airlines if costs are controlled

Icra sees better times for airlines if costs are controlled

Wed, Jun 01, 2016

Since mid-May, airlines such as Air India, Indigo, GoAir, Spicejet and AirAsia India have come out with dirt cheap tickets despite the peak holiday season.

Infrastructure output growth at 16-month high in March

Infrastructure output growth at 16-month high in March

Mon, May 02, 2016

Showing signs of stress in the economy, infrastructure output grew at its slowest pace in five years in the fiscal 2015-16 even as the growth rate rebounded to 16-month high of 6.4% in month of March on robust performance of refinery products and fertilisers.

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