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In FY24, cotton yarn prices are projected to fall almost 15 per cent due to a high base and subdued export demand. This is expected to hurt price realisation
Private security players' key service offerings include manned guarding, cash management services, and allied services such as electronic security services
In December, the domestic pharmaceuticals market grew 10.4 per cent on exceptional growth in both volume sales and prices
Globally, supply is expected to ease as output in Brazil and Thailand, both major producers, is likely to revive
MSMEs in the automotive components sector should see higher growth as well, but will lag average industry revenue growth owing to lack of vertical integration.
In FY22 the ITeS sector's revenue logged 13-15% growth to about Rs 3.1 tn, riding on volume recovery across the three key segments - customer relationship management (CRM), knowledge, and transactions
The rise in the prices of gold will also curb demand, though it will support the revenues of SMEs
However, national highway projects are typically executed by large contractors, with only a small proportion sub-contracted to SMEs
Consumption of electronics in the domestic market is estimated to grow 15-20 per cent to Rs 11-12 trillion, compared with 18-22 per cent growth last fiscal
Margins will continue in the 10-12 per cent range in FY23 as well
As a result, despite a projected 10-15 per cent growth this fiscal, the industry is expected to fall back to the FY18 level owing to negative growth of 30 per cent last fiscal
March-May 2021 was a particularly good period for Indian formulators due to exceptional demand for drugs amid the second wave of Covid-19 infections.
Small and medium enterprises (SMEs), which account for 60-65 per cent of the health care delivery market, stand to benefit
The increasing desire for personal mobility is driving passenger vehicle and two-wheeler sales growth.
MSMEs, which account for 90-95 per cent of re-rollers, were hit harder by the pandemic
The first quarter bore the impact of lockdowns imposed by states to contain the second wave of infections
As things stand, SMEs account for 35-45 per cent of the roads and highways sector overall
Growth mainly on account of recovery in domestic demand and higher realisation due to a rise in the prices of chemicals
SMEs have been gradually adopting robotic process automation technologies such as chatbots, to transition from pure voice services to non-voice-based ones
Leather exports plummeted in the first quarter, following lockdowns and restrictions in importing nations.