Ion Exchange (India) Limited is looking for acquisitions. Mr. Aankur Patni, Executive Director, said "Currently, the major focus would be towards the chemical segment. Having said that, we are looking at - we are actively looking at acquisitions in the European and in other markets, including India, and they are at relatively advanced stages of discussions on some these.

So once both happen, we will add overall [indiscernible] to these respective markets. Mr. Aankur Patni said "We are not looking at very large acquisitions. we have small acquisitions sub 10 million small acquisitions.

So that's why I'm saying small acquisitions, the target being better reach into various notes that we are looking at having some technology-related improvements also in creating manufacturing marketing base in the geographies between acquisitions".