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Revenue from export of shrimps likely to increase 20% to $4.3 bn in 2021: Crisil

In calendar 2020, lockdowns and supply-chain disruptions meant exports declined to $3.6 billion from $4.7 billion in 2019. Ecuador edged past India with $3.7 billion exports because it had fewer logistical snafus and focused on catering to the voracious appetite in China for raw shrimps. ....

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Order book position of road EPC firms to get better, says CRISIL

Read more about Order book position of road EPC firms to get better, says CRISIL on Business Standard. Asset monetisation in the roads sector will see an acceleration as EPC companies in this space pursue growth ....

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Shahlon Silk Industries receives reaffirmation in credit ratings

Read more about Shahlon Silk Industries receives reaffirmation in credit ratings on Business Standard. From CRISIL ....

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Bicycle demand expected to grow at decadal high of 20% due to pandemic-induced fitness awareness, says Crisil

Bicycle demand expected to grow at decadal high of 20% due to pandemic-induced fitness awareness, says Crisil
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Bicycle demand expected to grow at decadal high of 20% due to pandemic-induced fitness awareness, says CrisilBy
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In the five fiscals through 2019, bicycle sales volume logged a modest compound annual growth rate of ~5%. In fiscal 2020, it contracted a massive 22% as government purchases plunged and a large bicycle manufacturer downed shutters. However, last fiscal saw a turn for the better.
AFP
Overall sales growth this fiscal will support the profitability of bicycle makers, Crisil says.
India’s bicycle industry is pedalling to a decadal-high demand growth of 20% this fiscal, with sales likely to touch 1.45 crore units compared with 1.2 crore units last fiscal. The ongoing Covid-19 pandemic has spurred demand for bicycles owing to improving fitness consciousness and leisure requirements, said ratings agency ....

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Input costs surge, rural economy woes to unleash inflation growth:CRISIL : Bulletin: Business Today

Increase in input costs and supply disruptions in rural economy on account of the second COVID-19 wave are preparing the grounds for surge in inflation during this fiscal, rating agency CRISIL noted in a recent report. While input prices have increased ac ....

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