Q1-FY27 · Mr. Ventil
We see there's a stability in which it is getting executed and that is where we are able to commit also yes there is a clarity of closer to thousand crores over next 3 years.
LMW · tone and specificity signals across the available quarters.
Language signals
We see there's a stability in which it is getting executed and that is where we are able to commit also yes there is a clarity of closer to thousand crores over next 3 years.
The idea is that we are looking at various options which are available and this is an enabling resolution. Anything which is significant which needs to be informed definitely we'll bring it will get published.
The anticipation was that post downturn of almost 18 months there will be a bounce back and this has not happened because of the uncertainty on the demand side. Having said that, what we still anticipate is that during this time as well within India, there has been a consistent utilization of spinning mills at a fairly high level and the mills which continue to operate are waiting for certain indications.
This is the time for us to become lean. This is the time for us to increase our efficiencies and this is the time for us to invest. We continue to invest in IoT. We continue to make our process efficient and costs efficient and these are the time we also invest in our new product development.
The volume of business within India for this particular type of machine in itself is closer to 7 to 8,000 machines or a little bit more per year from the Indian ecosystem point of view itself and without considering the new EMS which is coming.