This is a very smart move. They already have a presence in Salem, which can cater to one major industrial belt, and with the office in Pune, they will now have a foothold in another industrial belt.
Not to mention the fact that a lot of folks in Maharashtra are suddenly going to look this company up to see what it’s all about, whether they’re prospective customers or shareholders.
I look forward to seeing the company’s Q3FY23 results and investor presentation.
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