ICRA

India to add 13,000 km of new highways in 2024-25: ICRA report

Government investment in highway infrastructure shot up to INR 2.4 lakh crore in 2022-23 from INR 51...

auto | 6 months ago

India's oil import bill could swell to USD 101-104 bn in FY25: ICRA

Any escalation in the Iran-Israel conflict and an associated rise in crude oil prices could impart a...

auto | 5 months ago

India's oil import bill could swell to USD 101-104 bn in FY25: ICRA

Any escalation in the Iran-Israel conflict and an associated rise in crude oil prices could impart a...

auto | 5 months ago

Domestic tyre volume to grow up to 6% in FY25: ICRA

ICRA expects the replacement market, which contributes to over two-thirds of the industry volumes, t...

auto | 5 months ago

Experts optimistic about roads and highways sector; expect INR 3 lakh crore boost

“The idea behind bringing in revised norms for BOT projects was to increase the level of private par...

auto | 4 months ago

NHAI's asset monetisation drive poised to generate up to INR 60,000 cr in FY2025

In April 2024, NHAI announced an indicative list of 33 road assets targeted for monetisation in FY20...

auto | 4 months ago

Domestic CV industry sales to fall 4%-7% in FY25: ICRA

ICRA projects that operating profit margins (OPM) for domestic CV OEMs will shrink slightly to 8.5%-...

auto | 4 months ago

Component makers line up capex, scout for land parcels as business booms

For FY25, ICRA has projected that its sample of 45 auto ancillaries with aggregate annual revenue of...

auto | 3 months ago

Despite discounts, SUVs continue being vehicles of choice: Srikumar Krishnamurthy, ICRA

Srikumar Krishnamurthy, Vice President & Co-Group Head, Corporate Ratings, ICRASrikumar Krishnam...

auto | 3 months ago

Despite discounts, SUVs continue being vehicles of choice: Srikumar Krishnamurthy, ICRA

Srikumar Krishnamurthy, Vice President & Co-Group Head, Corporate Ratings, ICRASrikumar Krishnam...

auto | 3 months ago

Auto component industry’s revenue to grow by 5-7% in FY25: ICRA

Exports, which account for close to 30% of the industry’s revenues, are likely to be impacted by sub...

auto | 3 months ago

Enforcement of new mining cess may increase cost pressure for steel makers: Icra

According to Icra, the recent Supreme Court ruling has brought renewed focus.The enforcement of the ...

auto | 1 month ago

ICRA revises CV industry outlook; projects 0-3% growth in FY25 amid demand recovery and market dynamics

Among the CV industry's various sub-segments, medium and heavy CVs (M&HCV) (trucks) volumes in F...

auto | 1 month ago

Headroom to cut petrol, diesel prices by INR 2-3/ltr: ICRA

Petrol costs INR 94.72 per litre in the national capital and diesel comes for INR 87.62 a litre.A re...

auto | 3 weeks ago

Low oil prices bright spot for Indian economy? Why is Finance Ministry feeling positive about recent reductions

The Finance Ministry's August review highlights the relief from recent crude oil price drops.With re...

auto | 3 weeks ago

Steel prices may continue to languish despite low global output

Only a combination of further production cuts and higher consumption from China could aid a recovery...

auto | 3 weeks ago