The slowdown was attributed to the stagnant performance in the construction sector, which accounts for 20 per cent of the total India Inc's revenue.
The agency also cited a decline in the industrial commodities sector and subdued growth in investment-linked sectors as contributing factors. "Revenue of industrial commodities, investment and construction-linked sectors, collectively accounting for 38 per cent of our sample set, grew only 1 per cent, weighing down overall performance," Pushan Sharma, director-Research, CRISIL Market Intelligence and Analytics, said.
Diese Geschichte stammt aus der October 25, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der October 25, 2024-Ausgabe von Business Standard.
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