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Top five domestic cement manufacturers could expand their market share to up to 55 per cent by March 2025, through organic and inorganic expansions, leading to further consolidation, said a report from rating agency ICRA. Helped by a healthy demand prospect, large companies operating in the cement
Chennai: Amidst reports of Adani Group exploring more acquisitions in the cement sector, ICRA foresees further consolidation in the sector with top five companies cornering 55 per cent share by next...
NHAI: ICRA projects that the monetisation of 33 road assets through the toll-operate-transfer (TOT) and Infrastructure Investment Trust (InvIT) modes could yield between INR 53,000 crore and INR 60,000 crore.
The National Highways Authority of India (NHAI) is on track to bolster its revenue through a targeted asset monetisation strategy, potentially fetching up to Rs 60,000 crore in the fiscal year 2025ICRA projects that the monetisation of 33 road assets through the toll-operate-transfer (TOT) and Infrastructure Investment Trust (InvIT) modes could yield between Rs 53,000 crore and Rs 60,000 crore.
The National Highways Authority of India NHAI is on track to bolster its revenue through a targeted asset monetisation strategy potentially fetching up to Rs