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VINUTAA S
Major auto component firms likely to invest up to Rs 30K cr next fiscal: ICRAMajor auto component firms in India plan to invest Rs 25,000-30,000 crore next fiscal for capacity expansion and localisation, focusing on ...- Hospitality industry revenues to grow by 6-8% in FY26: ICRAICRA projects a 7-9% revenue growth for the Indian hospitality industry in FY2025 and 6-8% in FY2026, driven by rising ARR and sustained de...
- Auto component industry to see moderate growth this fiscal: ICRACredit ratings agency ICRA predicts a moderate growth for the auto component industry in the coming quarters due to the Red Sea crisis, hig...
- Indian hotel industry revenue expected to grow 7-9 pc in FY25: ICRAThe Indian hotel industry is expected to grow 7-9% with high occupancy in FY2025. Demand from domestic leisure travel, MICE, weddings, busi...
- Strong demand in H2 FY24 to contribute to double-digit revenue growth for hotel industry: ICRAICRA, an investment information and credit ratings agency, predicts that the hospitality industry in India will experience double-digit rev...
- Indian hotel industry at a sweet spot; to witness decadal-high occupancy of 70-72% in FY2024: ICRAICRA predicts that pan-India premium hotel occupancy will reach 70-72% in FY2024, with average room rates ranging from Rs. 6,000-6,200. The...
- Airbag industry in India to grow to Rs 7,000 cr by FY27: IcraThe growth in the airbag industry, which is one of the fastest growing auto component segments, is expected to be fuelled by the increase i...
- Auto component suppliers to log an 8-10 pc growth in revenue this fiscal: ICRAWhile the depreciation of Indian Rupee against USD is a worry for net importers, forex hedging measures adopted and alternate local sources...
- Premium hotel inventory to rise 3.5-4% this fiscal: Report"The healthy demand uptick has resulted in a pick-up in new supply announcements over the last 4-5 months. Further, construction activity i...
- ICRA expects hotel industry revenues, margins to return to pre-COVID levels in FY23"The improved operating leverage along with sustenance of cost-optimisation measures will support margins and accruals for hotels," it said...
- 'Auto ancillaries' revenue may grow 8-10% in FY23 on stable demand, easing supply-chain woes'In last fiscal year, 31 auto component companies with cumulative revenues of over Rs 1,75,000 crore had registered a 23 per cent year-on-ye...
- Domestic hotel industry to return to pre-COVID level this fiscal, says reportRating agency Icra's Assistant Vice President and Sector Head Vinutaa S on Wednesday said that demand in the near term is expected to stem ...
- Auto component industry likely to clock 8-10 pc growth in FY23: ReportFor 2021-22, the revenue growth of the industry is pegged at 13-15 per cent, driven by domestic OEM, replacement, export volumes and pass-t...
- Maruti Suzuki hikes prices for the fourth time in FY22The auto major has already hiked the vehicle prices three times last year - by 1.4 per cent in January, 1.6 per cent in April and 1.9 per c...
- Icra revises downwards revenue growth forecast for auto component industry this fiscal"The (revenue) growth forecast for FY2022 has been revised downward by 200 bps to 15-17 per cent from the earlier estimates due to the ongo...
- Demand in hotel industry to be curtailed in Q4 this fiscal due to fresh COVID wave: ReportWhile the situation is evolving, the rating agency said, "Until the end of last month, there was only some cut-down in discretionary busine...
- Icra slashes growth forecast for auto components industry to 17-20 pc for FY22According to Icra, the components industry is now expected to grow at 17-20 per cent in 2021-22, partly aided by "the low base of last year...
- PLI scheme to benefit domestic auto, parts industries in multiple ways: ReportBesides, it will increase localisation, accelerate investments towards a local EV ecosystem and has the potential to make India an export h...
- 74% of hospitality sector companies face negative credit profile, 2nd wave delays recovery: ReportBeing one of the high contact sectors, hospitality has been one of the first and worst-hit sectors due to the pandemic, and the second wave...
- Hoteliers, travel operators welcome separate liquidity window for contact intensive sectorsThe special window announced on Friday, encourages banks to provide fresh lending support to hotels, restaurants, travel operators, aviatio...
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