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Wagon makers set for 20% revenue growth this fiscal: CRISIL

With order books standing at 2.3 times the revenue of wagon makers, the sector is expected to operate at 90% capacity this fiscal, up from less than 50% in fiscal 2021. Read more

Policies to increase e-buses sales to 75-80% this fiscal; CRISIL Ratings

These schemes include Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles (FAME) (1 and 2), National Electric Bus Programme (NEBP) under Convergence Energy Service Ltd (CESL) (1 and 2), and PM-eBus Sewa Scheme.Read more

Auto dealers to clock 8-10% revenue growth as volume normalises

Sales volume growth will normalise this fiscal from the 17.3% surge last fiscal, due to the high-base effect (especially in the commercial vehicle [CV] and passenger vehicle [PV] segments) as well as factors specific to different vehicle segments.Read more

Middle East conflict: India Inc not in the crosshairs for now

Some sectors such as fertilisers and diamonds — both cut and polished — may see a slight, but manageable, impact, while for most others impact will be insignificant.Read more

CRISIL forecasts a 35% surge in road and renewable energy investments by 2024

The report highlights that favourable policies, escalating investor interest, and effective project implementation will contribute to this capital outlay expansion in these sectors.Read more

Crossing the $2 trn export barrier

The Government of India has set a target of tripling annual exports to $2 trillion within five years to boost economic growth, increase the contribution of manufacturing sector to GDP and create jobs for the country's youth.Read more

Bank GNPAs may touch low of 4% by FY24; MSMEs remain a concern area

Gross non-performing assets (GNPAs) of corporate segment is likely to fall below 2% next fiscal from a peak of 16% as on March 31, 2018; GNPAs of MSME (micro, small and medium enterprises) segment may rise to 10-11% by FY24 from approximately 9.3% as on March 31, 2022, says CRISIL Ratings.Read more

Normal monsoon to lift revenue of agri-pump makers by 8-10%: Crisil

Solar pumps being preferred over conventional ones. The Rs 5,000 crore sector is dominated by conventional pumps (grid-connected and diesel pumps), which account for 92% share, followed by solar pumps (8%).Read more

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