Business

Tonbo Imaging IPO: Why Investors Need Greater Clarity on Its Supply Chain, Chinese Procurement Links and the True Extent of Its Indigenisation

Investors seek greater clarity on Tonbo’s critical components, foreign sourcing and related-party procurement New Delhi: As Tonbo Imaging prepares to enter the public markets through its proposed IPO, investors are being asked to assess the value of a Bengaluru-based defence-technology company at a time when India is placing unprecedented emphasis…