Question

    What is the projected decline in the construction

    sector's growth in FY25 according to ICRA?
    A 10-12% Correct Answer Incorrect Answer
    B 5-7% Correct Answer Incorrect Answer
    C 8-10% Correct Answer Incorrect Answer
    D 12-15% Correct Answer Incorrect Answer
    E 3-5% Correct Answer Incorrect Answer

    Solution

    ICRA has revised its revenue growth estimate for the construction sector in FY25 to 8-10%, down from a previous estimate of 12-15%. The slowdown is attributed to factors like the model code of conduct during the elections and the delay caused by monsoon periods.

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