Crisil Ratings

December 26, 2024 1:34 PM

Travel boom in India will enable branded hotels log double-digit growth this fiscal and next: Crisil

Branded hotels in India are expected to experience robust double-digit revenue growth this financial year and the next, driven by surging demand outpacing supply, according to a report from Crisil Ratings. The agency projects that revenue for branded hotels will grow by 13-14 percent this fiscal year, followed by a slightly lower 11-12 percent growth in the next. This growth is largely attributed to the continued strength of domestic leisure and business travel, with additional support coming f...

December 23, 2024 2:30 PM

India’s data centre capacity to more than double by fiscal 2027: Crisil report

The capacity of India's data centre industry is poised to more than double to 2-2.3 GW by fiscal 2027, driven by accelerating digitalisation across the economy, according to a recent Crisil Ratings report. This growth is largely attributed to enterprises investing heavily in cloud storage solutions to meet rising demands. The report highlights the increasing adoption of Generative Artificial Intelligence (GenAI) as a key factor propelling data centre demand. GenAI's requirements for higher comp...

September 16, 2024 6:37 PM

For road transport operators, revenue growth expected to double to 9-11% this year

India's road transport fleet operators are set to witness a substantial boost in revenue growth, with projections suggesting it could double to 9-11 percent in the current financial year 2024-25, according to a report by Crisil Ratings. The rating agency's estimates are underpinned by improved domestic demand, despite tepid exports. Additionally, operating margins are anticipated to improve due to better fleet utilization and steady fuel costs. Crisil's analysis indicates that the credit profi...