Capital Goods Update - New Vistas And Demand Revival To Propel Growth: ICICI Securities
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Capital Goods Update - New Vistas And Demand Revival To Propel Growth: ICICI Securities

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.

ICICI Securities Report

Industrial consumable market is well set to witness strong growth given the overall broad revival expected in most end-user industries.

Auto and auto ancillaries (~25% of demand), and construction and industrial consumption are in a recovery mode.

The recent government policy towards Atmanirbhar will be a shot in the arm for domestic organised consumable manufacturers.

Focus on value addition and new innovative segments under engineered ceramics and plastics are likely to support margins.

Click on the attachment to read the full report:

ICICI Securities Capital Goods Update.pdf

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