Construction equipment sector to see revenue growth decelerate to 4-6% this fiscal on decline in road contracts
- Posted on October 10, 2024
- By Financial Express
- 2 Views
Construction equipment sector to see revenue growth decelerate to 4-6% this fiscal on decline in road contracts
Despite tepid sales, CRISIL said, revenue will grow this fiscal because of better realisations, with product prices likely to surge after the implementation of the construction equipment vehicles (CEV) Stage-V emission norms in the last quarter.
