My first question pertains to clarification on the EV orders which you have referred to. Given it's stand -alone, would it be largely for the forging components or there are any electrical components also there?
Okay. Secondly, when I look at the capex at consol level, it's almost INR 300 crores -plus higher than the stand -alone so can you give some flavor on where are we doing this capex at subsidiary level?
Can you first share a couple of data points; one is the value add for standalone businesses as well as the DR Axion for the 2nd Quarter?
Yes.
Hi, sir. A couple of clarifications on the margins. So, this quarter, you indicated the benefit of softening in precious metal. Would you say the full benefit is n ot yet completely reflected in 2Q, given that the meltdown was a second-half phenomenon in 2Q? And do you expect further benefit on forex side?
Okay. And similarly, on the forex side, we have seen a very smart move on JPY-INR, which given your vendor input, comes with a quarter's lag. So, do you expect that to be a reasonably favorable factor going forward? As you indicated in 2Q, we had limited benefit on the forex side.
Sir, continuing on the India business. So the strong growth wleading that we have seen does not lead to improved market share? And particularly considering that, unlike the global market where competition is very different and, far more fragmented than in India, the 4% to 5% market share in India looks quite low for us. What am I missing over here?
Okay. And the growth we are seeing of -- strong growth that you are seeing, is that leading to market share gain? Or market also is growing quite strongly?
Congratulations on Deming grand prize as the first company on the tyre side. Quickly on the capacity question. So the expansion which we are doing this year, the INR800 crores capex, that is made predominantly towards the OTR tyre, right? Or are we also investing now for TBR?
Okay. And what kind of capacity addition do we expect from this INR800 crores investment?