SRF Limited CC-Sep24.pdf · 2024-10-23
Sir, I just have few clarification here. Three quarters in a row, we have been saying that inventory accumulation has been impacting the demand. So I wanted to understand that in a better perspective. Inventory is accumulated at our clients end due to Chinese competition or because China has dumped their products in the market, and so the sales is not happening there, this is the reason? Or what we are saying is that demand itself has contracted, and so the inventory is not getting liquidity? So what is your scenario here?
So when we say there will be a pickup, maybe going forward in the second half, are we assuming that demand will increase, or that we will capture more market share through factors like pricing or competing with China? Or will the pickup be driven by demand growth itself?