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Bank credit growth to hit 4-year high of 11-12% this fiscal
Despite pandemic waves, PVC pipe makers set for 35% revenue growth this fiscal
Consumer durables revenue to jump 20% this fiscal
Specialty chemicals' capex to spurt 50%, riding on strong demand owing to China+1 strategy
Cigarette volume set to light up, but a rebound to pre-pandemic levels unlikely this fiscal
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1 For monocrystalline modules 2 MNRE has launched PLI scheme to enhance domestic manufacturing capacity of high-efficiency solar PV modules with allocation of Rs. 4,500 crore to be spent over a period of five years. PLI benefits for module manufacturers are based on sales volumes, base PLI rate as per performance matrix, a tapering factor, and local value addition for module manufacturing. 3 While a 1 GW module line costs ~ Rs. 250 crore, a 1 GW cell line that requires high technological knowhow and higher value addition costs ~ Rs. 600 crore. Further, backward integration to polysilicon and wafer may cost ~ Rs. 2,500 crore per GW.
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