From building its longest sea bridge to constructing its first undersea tunnel, India is steadily moving towards becoming the third-largest economy this decade.
In the last few fiscals, a strong domestic market has kept India Inc resilient despite global headwinds. An upward revision in India's gross domestic product forecast yet again underlines steadfast corporate performance. Banks and non-banks also continue to benefit from strong domestic consumption.
In the previous edition of the Ratings Round-Up, CRISIL Ratings had continued its 'Positive' credit quality outlook for India Inc, with upgrades expected to outnumber downgrades, buoyed by expansion in cash flows for sectors linked to domestic demand and those benefiting from government spending.
Lately, however, geopolitical challenges have ratcheted up supply chain constraints, interest rates are still elevated, global inflation persists, and exports remain sluggish and monitorable.
With policy rates flatlining and global growth on a slow and uneven track, to what extent can India Inc shield herself?
And is the long-awaited boom in private sector capital expenditure closer to reality?
For answers, CRISIL Ratings invites you to a webinar where its experts will discuss:
Key credit quality trends in the second half of fiscal 2024 and their primary drivers
Credit quality outlook for fiscal 2025
Sector-wise insights from corporate credit health framework
Disclaimer: This event and its content are intellectual property and confidential information of CRISIL. Any use of the same without written permission of CRISIL is illegal and hence punishable. Recording the webinar in any form in full or part or copying, altering, distributing or streaming the webinar is strictly prohibited and violation will attract legal action.
