| Having set up our Indian operations
in the late 80’s, we have throughout stood at
the forefront of technological and business excellence.
The road traveled so far has been highly challenging,
eventful and exciting. Be it the controlled and restricted
business scenario then, we have maintained our leadership
position even in today’s global economy. The challenges
are still aplenty. From supply chain brilliance to delighting
customers to exceeding our various stakeholder aspirations,
the resilient team at Indo Rama is committed to all
these and more.
The global slowdown of recent times impacted all sectors
and all asset classes, throwing up unprecedented challenges
for industries and businesses throughout the world.
Textile and garment exports took a big hit, with the
entire value chain of the industry being severely impacted.
However, aiming for and achieving marked internal efficiency
during this period has taken us to a different orbit
altogether of how we approach and execute things, ready
to take on whatever further challenges come our way.
With a strong domestic market there is recovery gaining
ground in major European and other global markets. To
couple it, there is a growing demand for Polyester,
which is emerging as the alternative to Cotton fabric
worldwide. Going ahead, I see a future filled with opportunity
and hope. What gives me added hope of a brighter tomorrow
is the performance of our Power business, which has
been consistently adding to our bottom line.
With your continued support and cooperation, and that
of all our employees, partners, bankers, and other associates,
we remain committed to make the most of the future.
O. P. Lohia
Chairman and Managing Director
To know more about our Chairman click
here
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