There is however one problem.
US markets are cyclical, they give good returns once a decade, when liquidity finds a way. Whereas, india is a secular growth story. Where top banks are growing at 18% cagr.

I want to start small in investing in US equites directly…

What are the best and lowest cost options available to convert from INR to USD and vice versa?

Notes from the recent ratings report (link)

• Long term bank limit enhanced to 206.6 cr. (vs 131.5 cr.)
• FY23 capex of 60 cr. for creating capacities for new products in lieu of nomination letters received from customers + modernization/upgradation (30 cr. spent)
• RACL invests in machines after getting a nomination letter from a customer (takes 1-2 years for supplies to start)
• European energy crisis may adversely impact operational performance of the manufacturing sector and consequently RACL
• Top 5 customers contributed 67% of FY22 revenues (vs 78% in FY21). Largest customer contributed 17% of FY22 sales
• Exports: 73% of FY22 revenues (vs 76% in FY21). FY22: 57% to Europe, 39% to India and Asia Pacific region, remaining to USA and Mexico
• 2-wheelers contributed 49% of FY22 revenues (vs 45% in FY21) followed by tractors which contributed ~19% of FY22 revenues (vs 19% in FY21).
• Company is preferred vendor for many of its premium segment export customers
• PBILDT margin stood at 22.13% in FY22 (vs 26.18% in FY21). FY21 margins were an aberration due to sale of high margin prototypes to new customer
• Raw materials: Steel and forgings
• Company discounts invoices with banks at an early stage to minimize forex fluctuation risk
• Inventory: 3.5 months, domestic debtors ~ 2 months, overseas creditors ~ 3-4 months, payables ~ 1.5 months. Wcap ~ 5 months
• Working capital utilization was ~79% during 10-month period ended July, 2022

Disclosure: Invested (position size here, no transactions in last-30 days)

bhai did u ask about why there is no hedging policy for kingfa? why there were forex losses and still no hedging policy