ICRA.NSEICRA Ltd.
ICRA.NSE
ICRA Ltd.36
Cement volumes to grow 7-8% in FY27; profitability to face pressure: ICRA
In FY27, India's cement sector anticipates a robust growth trajectory of 7-8%, fueled primarily by the boom in housing and infrastructure development. Yet, the rising tides of fuel and freight expenses pose a financial challenge, likely impacting operating profits per tonne. Companies may attempt to adjust pricing strategies, though significant increases might be surprising.
cityfalcon.com·2d ago
Global sugar prices fall amid surplus supply from Brazil, outlook for Indian sugar sector remains stable: ICRA
The prices of sugar globally have declined sharply amid surplus supply from Brazil, even as the outlook for the Indian sugar sector remains stable, according to a report by ICRA Limited.
cityfalcon.com·20d ago
US tariff relief boosts export hopes; Apparel steady, diamonds under pressure: ICRA
US tariff reductions are boosting Indian apparel exports. The outlook for this sector has improved to stable. However, the cut and polished diamonds industry faces ongoing challenges. Natural diamond exports are expected to grow in the coming year. Broader trade agreements are anticipated to strengthen India's manufacturing exports over time. Indian companies are also looking to diversify their export markets.
cityfalcon.com·2mo ago
US-India Trade Deal Seen as Neutral to Positive for Indian Refiners: ICRA
Mr. Prashant Vasisht, Senior Vice President and Co-Group Head, Corporate Ratings, ICRA Ltd. “The announcement of US-India trade deal reportedly includes removing the 25% penal tariffs on India, with the latter agreeing to stop purchase [...] The post US-India Trade Deal Seen as Neutral to Positive for Indian Refiners: ICRA appeared first on Business News This Week .
cityfalcon.com·2mo ago
Core infra sectors record four-month high growth at 3.7% in December
New Delhi: India’s eight key infrastructure sectors registered a four-month high growth rate of 3.7 per cent in December last year, driven by a jump in the output of fertiliser and cement, according to official data released on Tuesday. However, the performance of these eight sectors slowed on a year-on-year basis, the data showed. In December 2024, the sectors’ output grew by 5.1 per cent. It was 2.1 per cent in November last year. Crude oil, natural gas, and refinery products’ production have recorded a negative growth during the month under review. Fertiliser and cement output grew by 4.1 per cent and 13.5 per cent, respectively. The growth rate in the output of coal, steel, and electricity moderated to 3.6 per cent, 6.9 per cent, and 5.3 per cent in December 2025. Power generation, however, recorded a sequential jump in output, as it had contracted by 1.5 per cent in November. During the April-December period of this fiscal, the output of these sectors grew by 2.6 per cent against 4.5 per cent recorded during the corresponding period of the previous fiscal.
cityfalcon.com·2mo ago
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