As per my understanding they have some new products whose serial production is still pending and supposed to start in FY24, 25 & 26.
As these are new products and OEM’s might be requiring these products in that particular years for their vehicle production in those particular years.
Ex: they have announced a product integrated motor controller module (IMCM) in Q3FY22, serial production of this will start in H2FY24 and has a revenue potential of @ 400cr/annum
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