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ICRA also anticipates the domestic freight transportation revenue to fall by 18-20 percent in fiscal 2020-21 and compared to its April 2020 estimation of 8-10 percent.

ICRA downgrades outlook on Indian road logistics from Stable to Negative

4 Aug 2020 3:39 PM GMT

August 5, 2020: The credit rating agency ICRA downgraded its outlook on Indian road logistics industry to ‘Negative’ from ‘Stable’ citing the...