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Thursday, October 31, 2024
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HomeEconomyRising water stress to hurt India's credit strength, Moody's says

Rising water stress to hurt India’s credit strength, Moody’s says

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BENGALURU (Reuters) – India’s worsening water shortage will pressure the country’s sovereign credit strength, rating agency Moody’s said in a report on Tuesday.

Among industrial sectors, coal power generators and steel makers are most vulnerable to water stress in India, Moody’s said.

(Reporting by Kashish Tandon in Bengaluru; Editing by Savio D’Souza)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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