India is a huge market with a lot of imported stuff in same category. What are your plans to overcome this competition?
Before the launch of Greenply's Green Panelmax MDF, a majority of the bigger users of MDF, like OEM, were wholly dependent on imported MDF, as indigenously manufactured MDF did not meet their quality and quantity requirements. They were forced to rely on irregular imports and prices. Uncontrolled MDF imports had also led to dumping of poor quality MOF, which fortunately has been quelled now with the timely intervention of Govt....
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