Press Releases

CRISIL expects cement demand growth to witness a mid-cycle slowdown to 5-5.5% on-year this fiscal, down sharply from 12% in fiscal 2019. Growth would be lower compared with even fiscal 2018, when it had printed 9%.

The quarter ended June 30, 2019, saw a moderation in sentiment among micro and small enterprises (MSEs), the 7th CriSidEx survey shows.

CRISIL believes weak growth in rural income, moderation in rural infrastructure spending, higher channel inventory, and the effect of a high base will lead to de-growth in tractor sales volume by 5-7% this fiscal, from an all-time high of 8.78 lakh units in fiscal 2019.

Farm profit from field crops is expected to increase 10-12% in kharif season 2019 because of expected higher prices and despite lower output, CRISIL Research’s Agriculture Report 2019 said.

After four muted fiscals, revenue of the Indian ceramic tiles industry is set to grow 400 basis points (bps) faster at ~8% compound annual growth rate (CAGR) over the current and next fiscals because of improved domestic and overseas demand, a CRISIL analysis shows.