| Electrical Transformer Components | Manufacturing CRGO laminations, slit coils, stacked and wound cores for power and distribution transformers; recently added transformer radiators and nanocrystalline cores. | Established manufacturing facilities, experienced management, proprietary processing technology, and strong client relationships. | Transformer and power equipment manufacturers primarily in India and export markets. | Specialty CRGO cores and nanocrystalline cores with technological differentiation. | 353 | 100 | Direct sales to transformer manufacturers; B2B supply contracts. | Contract-based pricing, negotiated per volume and specifications. | Increased demand for power distribution infrastructure, capacity expansions, and new product introductions. | |