Import Substitution

The Rs 7,280-crore scheme targets to build a 6,000-tonne per annum rare earth magnet capacity in India.

Balaji Amines: What is the future of this import substitution play?

The medium-term growth driver is a series of projects, which are getting commissioned in the near term. Also, the company has a significant surplus capacity that can gain traction from a gradual global recovery.

Apcotex: Is it time to chip in?

Apcotex faces increased competition in India from international peers, as freight costs have dipped significantly, leading to the disappearance of pricing advantage.

Is there an opportunity to invest in the chemical sector?

Valuations for the sector are, by and large, not expensive but not cheap either. In some cases, it is close to the long-term averages and should be evaluated case by case.

Balaji Amines: Spot the value unlocking chemistry

In the domestic market, growth visibility for the subsidiary comes from capacity expansion plans of the company’s key clients – Indofil, UPL and Aarti industries

Bhansali Engineering: Normalising margins, limited scope for volume growth cap earnings

The challenges to the auto end-market are showing signs of easing, but BEPL’s limited idle capacity restricts it from capitalising on the situation

NOCIL: Strong pricing advantage; volume pick-up yet to be seen

While in the past few quarters, sales volumes have not picked up meaningfully, NOCIL is confident of hitting peak capacity utilisation by the end of H1FY24

Balaji Amines: An eagle eye for import substitution opportunities

Balaji Amine’s project execution is worth noticing, due to which earnings potential has significantly increased over the years

Localisation drive adds strength to auto components recovery in 2021

Import substitution and customer wallet share gains will strengthen the auto component sector’s recovery. Ratings agency ICRA projects revenue growth in FY22 after two years of decline

Bodal Chemicals: Diversification towards benzene chemistry – a structural shift

Import for select benzene-based chemicals is on an uptrend and hence offers a good import substitution opportunity for Bodal Chemicals

This is how India can become a global player in auto parts

India must attempt import substitution as a starting point to boost exports of auto parts

NOCIL Q4: Focus on volumes takes toll on margins, valuations appear fair

In long term, we expect NOCIL to maintain its dominant presence in Indian market on account of its technological leadership, client relationship and focus towards import substitution.

Atmanirbhar Bharat Abhiyan: A true commitment or a cosmetic gimmick?

A self-reliant farmer is fundamental to the vision of a self-reliant India. Has the Atmanirbhar Bharat Abhiyan taken care of these concerns?

Fund to focus on 'Make in India' theme: ICICI Pru's Bhatt

Yogesh Bhatt of ICICI Prudential MF says the 'Make in India' theme can be played in three parts through import substitution, domestic consumption and manufacturing exports.

Eye on import substitution, mfg to help cut CAD: Kochhar

"India needs two structural changes, namely import substitution and growth of manufacturing sector. The country has high current account deficit. If, in addition to focussing on export growth, we can also focus on import substitution it will help in reducing the CAD," Kochhar, managing director and chief executive of ICICI Bank, said.