Securitisation Volumes Hit Record

09 Apr 2025 CW Team

India's securitisation market witnessed robust growth in FY25, with volumes surging 24 percent year-on-year to a record Rs 2350 billion, according to data released by CRISIL Ratings. The momentum was driven by strong activity from non-banking financial companies (NBFCs) and housing finance companies (HFCs) looking to mobilise capital amid a growing appetite for retail loan pools.

The market split remained consistent with Pass-Through Certificates (PTCs) contributing 58 percent and Direct Assignment (DA) transactions making up the rest. Key asset classes securitised included mortgages, vehicle loans, microfinance, and unsecured retail loans.

CRISIL highlighted that the broad investor base and improved credit profiles of underlying assets are helping deepen the market. Public and private sector banks, as well as mutual funds and insurance companies, showed strong participation, reflecting increased confidence.

The sustained rise in securitisation activity reflects growing financial inclusion, higher demand for alternative funding routes, and maturity in India's structured finance landscape.

Experts expect this growth trend to continue in FY26, supported by economic expansion, evolving regulations, and digital lending innovations.

Technology

14 May 2025

HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport

The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India鈥檚 semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..

Real Estate

14 May 2025

Brigade acquires Velachery land for Rs 16-billion project

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai鈥檚 Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..

Equipment

14 May 2025

Liebherr marks 10,000th XPower wheel loader milestone

Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.鈥淭he transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,鈥� said Gerhard Pirnbacher, Head of Quality Management at Liebherr. 鈥淲ith an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..