But, channel issues could lead to moderate near-term volumes We met Mr. Sunder Genomal (MD), Mr. Vedji Ticku (CEO) and Mr. Chandrasekhar (CFO) of Page Industries (PAG). Key takeaways: Structural opportunity remains extremely strong Industry data suggests that 130m adults in India can afford Jockey products (SEC A+, SEC A and part of B). Considering the company's current volumes and assuming five pieces per person annually, then of 130m people currently only 20% men and 6% women are existing Jockey consumers. The target market of...