Automakers to incur ₹65,000 cr. capex to meet demand: Icra
Automakers are likely to plan an aggregate capital expenditure outlay of ₹65,000 crore over FY2023-FY2025 to ramp up capacity to meet demand and for new product development, according to…
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ICRA rating
Higher ATF prices, Rupee depreciation likely to pose threat to domestic…
“In India, ATF accounts for around 45% of the operational cost of an airline. Besides, as much as 35-50% of the airlines’ operating expenses are U. S. dollar driven,” as per ICRA.
“In…