Speaker 1: Hi everyone, I am Prabhakar from Global PCCS. I would like to talk about the topic, why do manufacturing companies require the assistance of compliance experts today? As we all know that regulations and laws become more complex and stringent, manufacturers of all sizes across various industries are finding it challenging to keep up with the ever-evolving compliance requirements as a result of the increasing complications and stringency of the applicable regulations and legislations. Failure to comply with regulations can result in reputational and financial damages, legal recurrences and even closure of businesses. This is where compliance experts come in and compliance expert is a professional who ensures that a manufacturing company adheres to relevant laws and regulations in its operations and activities. These experts are knowledgeable in various areas of compliance such as end-of-life vehicle, ELV, REACH, ROHA, SCAPE, PFAS, conflict minerals, full material disclosure, data privacy, environmental regulations and labor laws, among others. A compliance expert plays a critical role in ensuring that manufacturing operations operate within regulatory compliance and uphold the ethical integrity of their operations. They analyze regulations, evaluate risks, and develop strategies and frameworks to ensure compliance with the laws and regulations while ensuring that the organization's objectives are met. Thus, compliance experts are an essential component for any organization that wants to maintain its good standing legally and ethically. Businesses can avoid risks related to regulatory violence while maximizing their market potential and improve their overall reputation. In conclusion, a compliance expert role is crucial in navigating the increasingly complex regulatory environment and ensuring that businesses comply with the legal requirements, protect their reputation, and achieve their goals. If you want to safeguard your business from potential legal and reputational risks, consider hiring compliance experts today. We at Global PCCS, having a strong experience of 11 years in the compliance and sustainability domain, we have processed material declarations up to 1 million till now, and we have spent more than a million man hours. We have been serving the top 10 OEMs as our customers globally and more than 400 plus component manufacturers worldwide, and today we are offering free consultations. If you have any questions or any clarifications required, please do contact us and fill your form and get benefit from these free consultations, and I'll come up with very soon next topics. Thank you. Bye bye.