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Leadership through Innovation

Acquisition Rationale ✓ amber -> Expansion in PRODUCT PORTFOLIO With LONG APPROVAL CYCLES ■ Strong growth potential of Indian Railways, Metro in Tier 1 cities of India and Defence Increase in CUSTOMER BASE Addition of HIGH ENTRY BARRIER CUSTOMERS ■ Entry into Railway, Metro, Defence & bus air conditioner and commercial refrigeration. Getting approval from Defence and Railways is challenging Rationale Expansion within HVAC Industry But DIFFERENT SEGMENTS Sidwal's strong technical back ground can help Amber to provide more comprehensive solutions such as CAC, AHU, FCU to current set of customers Leadership through Innovation Improvement in FINANCIAL PERFORMANCE ما INCREASED OPERATING PROFITS ■ By leveraging Amber's buying power and optimization of manufacturing cost 80
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