Pipes and related products are fairly simple and don’t evolve on short time frames. I could not think why would a CTO be required if at all. What changes can prince do by getting a CTO. Also how many times in the past has technology disrupted this sector and how. I could only think of astral doing a tie up with lubriziol. And that also did not change the purpose of the products but did change the quality and usage. As such western world will be way ahead in construction related changes and Indian companies would be keeping a eye on the same. To me prince is more of a play on ancillary to real estate industry in India.
Best
Divyansh
Disc : invested from lower levels
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