ICRA has projected an 8–10 per cent year-on-year growth in operating income (OI) for India’s construction sector in FY2026, supported by a healthy order book and improved execution momentum. This…
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Indian Railways’ ambitious Amrit Bharat Station Scheme (ABSS) is set to transform the landscape of railway stations across the nation, opening up business opportunities worth Rs 30,000 crore for engineering,…
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ICRA expects Indian construction companies to maintain robust revenue growth in FY2025, forecasting a year-on-year (YoY) increase of 12-15 per cent, driven by a strong order book and the government’s…
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The engineering, procurement, and construction (EPC) sector is on the cusp of a significant expansion, with an ICRA study projecting a staggering Rs 2.0 lakh crore in business opportunities over…
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Rating agency ICRA forecasts rising component localisation to offer ~Rs. 25,000 crore annual opportunity to construction equipment vendors by FY2030, led by components such as undercarriages and precision hydraulics. Overall, ICRA foresees a…
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In a promising development for the cement industry, ICRA, a leading credit rating agency, has projected that the share of green power in cement companies is set to surge to…
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