Tube Investments of India Limited CC-Mar25.pdf · 2025-05-16
Yes Rushabh thanks for the question. As of now, we are still studying for incubating another business line in TI. And regarding your question to PLI, we are yet to take call. We are also studying that option, but yet to conclude on that.
So Rushabh, we a gree with you r remark . W e have already invested in CE certifications for the Europe, which was a work in progress. And there is a bit of delay in getting those certifications. And we are expecting it to be over in thisquarter. And after that, maybe the business will also start. Like fixed cost is already invested in, but revenue is yet to click in a large way for the export market, which we are confident going forward will take place but there is a bit of delay we agree on that.