A couple of questions. One on the India business. If I look at FY '24, the Abrasives and the Ceramics segment has grown by about 4% to 5%, right? And the outlook for FY '25 seems to suggest that you all are baking in anywhere between 10% to 12% for the India business. Are you seeing increased level of activity overall from a market perspective? Or d o you think it's going to be a function of everything that you mentioned, so it will be more micro rather than market led? And second, the 4% to 5% growth that we witnessed in FY '24 . Is there a way to probably comment whether we have lost market share or where we are because that number seems to be a bit soft? And the third on VAW, what percentage of, if you could give us a segmental split of VAW between Electromineral, ceramics and abrasives?
Questions across 1 call
Tarang Agrawal
Old Bridge AMC