Transport sector likely to contract by 18-20 per cent in FY21: Rating agency Icra
New Delhi: The domestic road transport sector is likely to contract by up to 20 per cent on account of COVID-19 pandemic-induced challenges, rating agency Icra said on Thursday. It has also revised the outlook on the logistics sector from ‘Stable’ to ‘Negative’, given the prevailing circumstances and its impact on the industry metrics. The … Read more