Asm tech EGM updates.
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We are planning an acquisition in design led manufacturing – semiconductor space. This will be an extension of what we already doing in semiconductor. This will be done at JV level and we will be disclosing more details very soon about this.
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Client consolidation affected the growth in EnggRnd service space this year. One large client planning to give more orders which was delayed, some of the low value added works have been stopped by them.
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Forms and Gears turnaround performance can expect from next year, lot of qualifications and certifications done this year, most of these new product developments are happened in a sunrise sector – electronics mobile phone manufacturing.
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We are verifying various optionalities in PLI and state level incentives etc.
Recent credit rating report gives some idea about the revenue de growth in the current FY.
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