GeoPolitical tensions for last two years (Europe now, US before) have led to the evolution of China +1 strategy for most Global Companies in terms of sourcing of Castings. India is second in the world even if its five times smaller than China and even a small dent in Chinese basket has led to good market conditions for Indian Foundry post Covid. But if India has to truly exploit this demand, Indian foundry needs to evolve and Natraj Iron & Castings have a leading edge in this evolution.
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