Bharat Forge Limited CC-Mar25.pdf · 2025-05-08
Yes, hi, thanks for the opportunity. Just on tariffs, if you allow one more question , last week or I think 10-days back, there was some offset which was allowed to some of the US OEMs who are importing components. So , in your opinion does that reduce the impact of tariffs at least for auto components also in the near term or that is not something that you think is substantial? Subodh Tandale: Yes, the offset is basically they have given a two-year plan that for the OEMs they have 25% tariff rate, the first year they can get a refund of 15% from the government, the second year they will get a refund of 10%, and in the third year it will be reviewed depending on what happens. But that's what's announced as offset.
Okay. And secondly on this server and electronics thing, so this will be utilizing your KPTL investments that you have done in the capacity?