I think the new Chairman is very focused on growing the Indian business. Last 4 quarter high revenue is a proof of that. The Indian Business can grow very fast with backward integration by the Belgium Parent.
This is the moat of this company.
These the lines given in an Interview in Steelworld magazine shared by @ayushagrawal
“We are already catering to the export market out of our Indian locations for many years. The equipment and components that we manufacture in India are exported to Europe, the US, Egypt, Africa, and many other countries in which our Sector is building steel production facilities. In fact, we just completed a project for a leading US steelmaker for which the skin pass mill has been 100% engineered and manufactured in India. In the years to come, we are keen to further increase the participation of our Indian facilities in our sector’s projects related to engineering and manufacturing” Chairman of John Cockerill India.
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