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March 11, 2025 5:00 PM

India’s security, facility management services to clock double-digit growth in 2025-26: Crisil

Rapid urbanisation, rising industrial investments and expanding commercial spaces will help the organised domestic security and facility management services sector clock 10-12 per cent revenue growth in the next financial year, according to a Crisil report released on Tuesday. The double-digit forecast comes on the back of a strong compound annual growth rate of 13 per cent over the four financial years till March 2025, the report stated. As revenues increase, operating profitability will rema...

December 10, 2024 8:07 PM

Urban development investments surge to ₹28.52 lakh crore, focus on sustainable growth

The Union Minister for Housing and Urban Affairs, Manohar Lal, announced a 16-fold increase in urban sector investments during a press briefing. Investments in urban development have grown from ₹1,78,053 crore during 2004-14 to ₹28,52,527 crore since 2014. The Minister said that urban development remains a key focus area to achieve the government’s target of a developed India (Vikshit Bharat) by 2047. In the last six months, urban development initiatives have been expanded to address chal...

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