Thank you for the opportunity. You give a lot of information regarding the acquisition of the two plants. Just wanted to ask, how do we see the return ratios and payback for such acquisition? That's my first question.
Got it. Thank you, sir. The second question was regarding the compounded GLP. Like, if you can tell how big is the compounded GLP market right now? And do we also target this kind of a market, or are customers targeting compounded GLP?
I wanted to ask what do you think about the opportunity for EVs in the pickup trucks and commercial vehicles, especially the light commercial vehicles in India?
Okay. But does these segments -- are these segments interesting for you?
Okay, thank you. My question is more on the industry, right? So what do you think is the current and possible impact in 5 years to 10 years of a direct -to-consumer player on motor and health insurance business? These players have better control on relationship, higher ability to cross sell, and better retention rates. Also, the price offered can have huge difference since they don't have to pay hefty commissions year after year to the intermediary. So, any view on that, sir?
That’s fine.
Sir, I wanted to ask, on the lithium-ion side, since we are looking for this technology partnership now, so would our guided return on equities from the lithium-ion business actually improve going forward? And any timeline of such partnerships coming in? Also, I wanted to ask the plant that we are actually building. Is the plant fungible to other technologies as well, like metal layer, sodium-based or even lithium-based compounds?
All right. Sir, my second question is regarding the lead-acid battery side. So I wanted to understand what is our total annual lead consumption? And in that, how much is the recycled lead requirement of Amara Raja, right, in FY '24? And how would it look in FY '25? I would appreciate if it can be in the terms of metric tonnes?