PCBL is gearing up to expand its capacity too. It's building out a new manufacturing plant in Chennai. But at the end of the day, there's a big risk. Its fate is deeply intertwined with a tyre industry. So if people decide to tighten their purses, they won't buy cars, trucks and tractors. All this could hurt the demand for Carbon Black. And while it's on course to diversify a bit, it could still take a bit of time.
In today’s episode for 21st January 2023, we explain how a substance that goes into tyres to give it the black colour is a proxy for the automotive growth story.
We're now coming to YouTube. But not as Finshots.
Instead, get ready for a fresh perspective on finance with the beloved curator and co-founder of Finshots' - Shrehith Karkera where he deep dives into the world of finance completely unfiltered.
And we’re starting with the hottest topic in the industry and revealing the hidden truth about - The MamaEarth IPO.
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