An extract from FY24 Annual report -“India Bearings Market size is projected to grow at a CAGR of 13.5% during 2024–32. (Source: 6Wresearch) due to growing demand for specialized bearing solutions and improved designs to increase product performance and efficiency. However, the outbreak of corona virus pandemic would impact the automotive and other industries affecting the bearings market over the coming years, though the effects might be short lived.”
I dont understand why they are still in “Corona virus era still”
Page 56 -“The global bearings market size is expected to reach USD 271.99 billion in 2023, registering a CAGR of 14.01% over the forecast period, according to a new report by Grand View Research”
I dont know what to make of this statement. The incharges, CFO/ Promoters seem less serious on reporting to shareholders.
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