ICRA
Indian IT Sector See Moderation in Demand due to Deferment of Discretionary Spends: ICRA
Several multinational companies have already been expanding their GCC footprint in India in recent years and the significant fee hike for H-1B visa is likely to further accelerate offshoring work to GCCs
India's Edge Data Centre Capacity to Triple to 200-210 MW by 2027: ICRA
The edge data centre capacity as a percentage of total India's data centre capacity is likely to increase to 8 per cent by 2027 from 5 per cent in 2024
Backed by Increased Power Demand, Core Sector Output Grows 3.8% in March
The eight core industries — coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity — make up 40.27 per cent of the Index of Industrial Production (IIP)
Indian Data Center Capacity to Touch 2,100 MW by March 2027: ICRA
The data center involving investment of INR 40,000-45,000 crore in FY26-27, supported by internet/data usage and data localisation initiatives.
Hiring in IT Services to Remain Low until Demand Improves by End of H1 FY26: ICRA
Moderation in demand coupled with the increase in utilization of excess manpower added during FY22-23 exerted pressure on hiring by IT services companies through FY24 and Q1 FY25.
Economic Activity in India Improved to an 8-Month High of 10.1% in October
October 2024 also registered a robust 9.9 per cent month-on-month (MoM) growth, surpassing the 6.5 per cent MoM increase observed in October 2023.
National Logistics Day: The Indian Chapter
India's logistics sector stands on the brink of transformation, driven by cutting-edge technologies, advancements, and robust infrastructure development.
Capex For EV Components To Exceed INR 25k Crore: ICRA
The demand for EV batteries for domestic sales might go up to 15 GWh by 2025 and 60 GWh by 2030.