o Selection of Base Oil
o Extraction/Refining
o Blending with Essential Oils & Herbal Extracts
o Addition of Active Ingredients
o Emulsification and Stabilization
o Packaging
(5/n)
Indian Hair Oil Industry was valued at Rs 13,361 crores as on Mar-22 having 3,09,219 tons Vol as per MAT Data
Industry is now very close to the pre-pandemic performance of FY-19-20
Household penetration levels of hair oil holding steady at 93-94% over the last 3 years
Was going through the details of a forging company which sounded extremely bullish and guided for 20% growth in FY 24 on the back of energy crisis in Europe
Decided to delve further into forging and machining industry
Here are the details 🧵
(1/n)
What is Forging?
Forging is a metalworking process where a piece of metal is shaped by compressive forces, typically using a hammer, dies or a press
It's used to create complex shapes that cannot be made through other methods
(2/n)
What's machining?
Machining is a precision mfg method that involves refining metal parts to precise dimensions, shapes, typically after the forging process, by using techniques such as scraping, grinding & milling to make it suitable for specific applications