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This Article is From Oct 27, 2020

Care Ratings: Can Road Construction Come To The Aid Of India’s Economic Recovery?

Care Ratings: Can Road Construction Come To The Aid Of India’s Economic Recovery?
Traffic moves along National Highway 7 as road construction takes place in Bangalore, India, (Photographer: Namas Bhojani/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Care Ratings Research Report

Infrastructure development is being relied upon for the recovery and revival of the Indian economy from the sharpest economic slowdown on record being experienced currently.

Road construction is amongst the critical sub-segments of infrastructure development that is being currently banked upon to absorb the losses that have emerged from the pandemic and be a critical driver of economic growth as well as for employment creation.

Towards this end, the government proposes to incur higher expenditure towards road construction.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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