European Demand

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Robust domestic demand to keep India’s steel exports to Europe muted in FY24

Production disruptions in Europe because of maintenance shutdowns and other reasons aren’t likely to translate into gains for Indian steelmakers.
Waning demand in Europe gives no shock to Havells' profits

In an exclusive, Anil Gupta, joint managing director, Havells India joins CNBC-TV18 to discuss the effect on profits from decreasing demand in Europe. Philips recently issued a statement saying profits will be hit for them. "This is irrelevant for Havells since only 20% of the consolidated revenue comes from the region," the Jt MD assures.

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European Demand

Robust domestic demand to keep India’s steel exports to Europe muted in FY24

Waning demand in Europe gives no shock to Havells' profits