In the concall …they mentioned that they tried the vendor in Bangalore but eventually it dint work out so they stopped exploring further.
I agree lots of trials…but then I don’t expect too much from a company of that scale.
Their resources , their might is limited …they are expanding their horizons. They are taking that leap of faith to expand more than 100% of their current capacity.
To me it would be more prudent to watch out that in which direction they are moving. Certainly they are venturing into something new and lots of trails and rework is expected. Very difficult to get it right in first few shots…
They are learning and evolving…But imagine down the line what scope that learning offers…the end result a product in market…revolutionary…and it has huge demand.
ESG theme…every company wants to do something environment friendly…They can impact/change the packaging story big time.
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