A new product coming for Data center. Most likely, this mentioned company is Rittal GmBH.
If anyone wants to start reading
1 Like
This thread is worth reading to understand and notice the shift in business model.
1 Like
Fair point, but at the same time customer advances are rising. Looks like stored under other Current Liabilities.
How come no one is talking about this development shared in the May 2025 conference call? I came across this below a startup tweet sharing their 1st indigenous MRI machine, but someone pointed out that INOX India did it before. The market gap is huge, huge huge demand if the results are validated by aiims and it goes into mass production.
2024 study by the Competition Commission of India found that most medical devices, including CT scanners and X-Ray machines, are imported.
India imports MRI machines and related components worth over Rs 2,000 crore every year
Some official communications from ministry
https://www.pib.gov.in/PressReleaseIframePage.aspx?PRID=2115109®=3&lang=2
https://www.pib.gov.in/PressReleaseIframePage.aspx?PRID=2021864®=3&lang=2
1 Like
That’s really good but keep in mind that it should only be a part of Inox revenues … though helping with the multiples (given how high the technical barriers are)