All Capex plans are being executed as per original schedule despite prediction of slowdown / recession of retail sales in USA in Q2/Q3 of CY 2023. As per
views of global economic pundits a recession is unavoidable, as a company we would be better served & well prepared to service customers once the
revival of sentiment & high demand kicks in FY 24/25 as base case post recession recovery… from inv presentation
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