ICRA has expanded its industry research coverage to over 60 sectors in India

ICRA has expanded its industry research coverage to over 60 sectors in India
ICRA research expansion

Amid rising demand for institutional research on sectoral economic trends in India, ICRA is providing analysis and outlook across more than 60 sectors. This coverage is based on indicators such as GDP growth, inflation, commodity trade, and industry performance, offering issuers, lenders, and investors comprehensive context.

Highlights

  • ICRA has expanded its industry research coverage to over 60 sectors in India, with more than 250 analysts assessing various sectors.
  • The latest reports include GDP growth, inflation rates, and sectoral performance, presenting industry trends based on rigorous evaluation processes.
  • ICRA's research findings on macro indicators such as easing WPI inflation and GDP estimates serve as key reference tools for credit, lending, and investment decisions.

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Sectoral Research Coverage and Analytical Framework

As stated by ICRA, its industry research unit offers specialized research services for over 60 sectors in India, where more than 250 rating analysts provide insights and assessments across various industries. This offering is relevant for a wide range of market participants, including corporate entities, commercial banks, non-banking financial companies, financial institutions, public sector undertakings, and municipalities.

The latest reports cover topics such as GDP growth, inflation rates, and sectoral performance. ICRA states that these assessments reflect trends and outlooks for different industries based on rigorous evaluation processes and methodologies.

Indicators for Investors and the Debt Market

Recent commentaries include data related to the Wholesale Price Index, or WPI, easing inflation, GDP growth estimates, and the performance of India's commodity trade. These points provide deeper discussion on macroeconomic conditions and near-term expectations.

With a long and consistent track record, ICRA enjoys strong market acceptance among issuers, intermediaries, lenders, and investors. As such, its sectoral research continues to serve as a reference tool for credit, lending, and investment decisions in India.

Our previous report focused on the slight easing in WPI (Wholesale) inflation for July 2026, where the main index stood at 9.8%, with the major decline driven by the fuel and power group. It also noted that the risk of cost-based inflation had not fully subsided due to rising food prices and persistently high OPPI, while ICRA projected WPI to fall below 9.5% in August 2026.

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