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)

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

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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:

Care Ratings Roads Sector Update October 2020.pdf

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