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INVENTORY
12 Months Ended
Mar. 31, 2024
Inventory Disclosure [Abstract]  
INVENTORY

NOTE 3 – INVENTORY

  

  

As of

March 31, 2024

($)

  

As of

March 31, 2023

($)

 
Raw Materials*   89,878    251,273 
Work in Progress   -    - 
Finished Goods   29,865    80,275 
Total   119,743    331,548 

 

*During Fiscal 2024, the Company written-off $263 thousand (Fiscal Year 2023: $114 thousand) of inventory on account of compliance with the revised Automotive Industry Standards (AIS)-156 and AIS-038 regulations issued by the Govt of India w.r.t EV batteries and also expiration of Prana 1.0 license. These charges were recorded in Cost of Revenue in the consolidated statements of operations.