Crisil Ratings on Wednesday said that the next growth will come in the filed of finance and infrastructure sector during this fiscal. Power will also hold an important position.

It also said that the worst is over for the economy and the future holds huge potential.

Power, steel, equipment-related industries, cement, construction, healthcare, education and the financial services companies are going to be the next centers of growth. These are going to see huge increase in demand in the medium to long term period, said Crisil. The company has released its Ratings Round-up report.

It also said that export-oriented industries like gems and jewellery, textiles and IT, are going to see only moderate to low growth rates. This is so because their growth is linked to the performance of the world economy.

The good news is that the report revealed that during this fiscal most of the companies are going to see an increase in their rankings and the number of downgrades is going to be less.

However, the degree at which the credit cycle will turn would depend solely on the sustainability of demand. Capital expenditure is also going to play an important part.