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Festive demand, GST cuts to power Q3Q4 growth; India Inc likely to clock 810% revenue rise: ICRA

ICRA expects India Inc to post 810% revenue growth in Q3 FY26, driven by festive demand, GST rate cuts, easing inflation, and recent interest rate reductions. While rural demand stays resilient, urban consumption is set to rebound. However, high U.S. tariffs, geopolitical tensions, and delayed private capex remain key risks. Select sectors like semiconductors, EVs, and data centres continue to attract investment.