Nissan Joseph, CEO of Metro Brands, expresses confidence in the revenue growth and demand trend in India’s market. He believes that despite the competition, there is ample room for all players to grow as the population and market continue to expand. Joseph highlights the normalization of the previous quarter’s demand and the increasing spending on discretionary items like air travel, restaurants, and vacations. He also discusses the growth in premiumisation products and the positive outlook for the festive season. Regarding margins, Joseph affirms that gross margins in the range of 55%-57% and EBITDAs over 30% are achievable. He acknowledges the impact of the Cravatex acquisition on the numbers but assures the stability of the business. Joseph emphasizes the premiumisation trend in India and its influence on consumer behavior across tier one, two, and three cities. He notes that the aspirational desire for better global brands exists even in smaller towns. Joseph welcomes competition as it expands the market and validates the sector, creating opportunities for growth. He mentions the ongoing cleanup of inventory for Fila after its acquisition and expects the brand to reset in the coming year. Joseph also discusses the growth of e-commerce for Metro Brands, highlighting the coexistence of brick-and-mortar and online sales. He notes that the margins in the e-commerce space differ but acknowledges investments in digital channels to cater to digitally savvy consumers searching for Metro brands.