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Cement demand may surpass 340 mt in FY22: ICRA

Improved housing demand, surge in infra activity likely to take cement demand past 340 mt


ICRA Ratings: Indian logistics sector revives significantly

Indian logistics sector witnesses recovery after severe disruption in Q1 FY2021


ICRA maintains negative outlook on power distribution sector

Consolidated debt of state power distribution companies is estimated at Rs 6 trillion


Higher infra spends boosts construction equipment volumes

ICRA noted that heightened focus on infra spend led to scale up in CE volumes since July 2020


Parliament passes landmark Major Port Authorities Bill, 2020

In an important development, the Parliament passed the Major Port Authorities Bill, 2021, after it was moved by Mansukh Mandaviya, Minister of State (Independent Charge) for Ports, Shipping and Waterways, in the Rajya Sabha.


Cement production may go up by 20 per cent in FY22: ICRA

After a sharp contraction of 14 to 17 per cent in FY21, cement production is likely to witness a growth of 18 to 20 per cent in FY22 and reach pre-COVID levels, according to investment information agency ICRA.


Real estate biggies recovering much faster: ICRA

Credit rating agency ICRA said the residential sector in India is witnessing a K shaped recovery


Chhattisgarh plans expansion of Jagdalpur airport

After the success of air services at Jagdalpur’s Maa Danteshwari Airport, the Bastar district administration in Chhattisgarh is planning expansion of the airport, and gearing up to start the survey work for this.


Cement demand likely to grow by up to 20 per cent in FY22

According to the rating agency ICRA, cement demand is expected to increase by up to 20 per cent in the next fiscal year with volumes touching FY2019-FY2020 levels.


Cement demand expected to rise by up to 20% in fiscal 2022: ICRA

Cement demand is expected to increase by up to 20 per cent in the next fiscal year with volume touching FY19-FY20 levels, rating agency ICRA has said in the second week of January 2021.


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