Demand for hotels in India is expected to continue to outpace the supply addition, at least over the next three years, rating agency ICRA said Monday, inferring that the demand-supply mismatch augurs well for the pricing environment and occupancies for the key hospitality space.
The solar industry will continue to face a demand-supply mismatch despite a significant surge in cell manufacturing capacity over the next two years, according to a report by Share India.
India's aviation industry is poised for significant growth, with domestic carriers expected to add over 150 new aircraft in 2024, a 37 per cent increase year-on-year (YoY), according to a research report by Nuvama.