Another interesting angle to consider is defense contracts. It might seem like a long shot, but think about it militaries, including the Indian Army, must have substantial logistics needs, particularly when it comes to transporting heavy ammunition and large quantities of supplies. Steel strapping could be essential for securing these loads.
It might be worth asking Bala in the next conference call whether the Indian Army puts out tenders for such packaging contracts. If they do, this could open up a significant opportunity, not just in India but potentially for supplying the U.S. military in Bahrain as well.
Sure, it’s a bit of a gamble, but it’s worth exploring.
Long shot !
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