ESG Principles Embedded in Business Practices

Low penetrated market and growing middle class purchasing power offer immense opportunity for growth... BLUE STAR Market Size (Units in millions) - FY23 150 85 8 Global China India 30.0% Penetration % - FY23 60.0% 7.0% Global China India Blue Star Market Share (%) 12.3% 12.5% 13.0% 13.3% 13.5% FY19 FY20 FY21 FY22 FY23 18

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