Given the quality and commitment of management across your Company, the wide range of products in various markets and geographies, and the quest for profitable growth, I see no reason why The World’s Favourite Indian shall not grow even further.
Last year, we witnessed an unprecedented shortage of semiconductors, which has affected various industries, including the automotive sector. Both traditional automobiles and advanced electric vehicles rely heavily on semiconductor chips. It was challenging to foresee when this shortage would come to an end. Fortunately, I am pleased to inform you that this severe supply scarcity was over by the end of the first quarter of FY2023. Thereafter, your Company was all set to increase substantially production and sales.Read More