| Manufacturing - Refractory Materials | Production of refractory cement and castables for industrial use in iron, steel, and construction sectors. | Established manufacturing capability, niche product expertise, and strong client relationships in refractory market. | Industrial clients in iron, steel production, and construction industries (B2B). | Customized refractory products commanding premium pricing due to technical specifications. | 30 | 100 | Direct sales of refractory products primarily to B2B industrial customers. | Sales-based revenue with negotiated contracts; volume and quality-driven pricing. | Capacity expansion, product quality improvements, and industrial demand cycles in steel and construction. | |
