Chairman's Speech

It gives me immense pleasure to welcome all of you to website of your Company Vitality of the economy and its growth potential can be realized by accelerating the reform process so as to create a climate in which your company can become productive and internationally competitive.

Your Company has demonstrated that it is possible, & most crucial to enmesh the need for creating the super-ordinate goal of creating the value. I am sure you feel the same sense of pride as I do in forging mutually supportive partnerships, thereby making an impactful contribution to company’s transformation. Your Company’s inspiring vision has sublimated the goals to the level of a fervent mission, beyond mere commercial objectives.

The task of accelerating growth in your company has been rendered even more challenging by the slowdown in the global economy and the adverse impact of world events , making it more imperative to reaffirm this commitment.

Important macro & micro economic factors that create conditions and motivation for companies to compete and win. Vitality of companies operating in an economy makes the decisive difference in the capacity to create wealth. This includes dynamism of leadership, ongoing rapid accumulation of core competencies, closeness to market and the unique insights that are derived from it, and learning and adaptive capabilities. Such vitality also strengthens the ability of an enterprise to forge productive linkages with other organizations to secure the most appropriate resources from the global environment.

I had always called this compelling vision "A commitment beyond the market"

The final results as stands further testimony to the robustness of your Company’s strategy despite difficult trading conditions.

On behalf of the world-class people that shape this unique organisation, I pledge more than our best endeavour in sustaining as one of most valuable corporations. Towards end, I count on your support, as always.