Our visions and plans for the future
The Company has worked out business expansion plans with main thrust on improving the bottom line.
It is well known fact that over the year, the indiscriminate use of synthetic fertilizers have disturbed the physico-chemical properties of the soil. The only way out seems to be balanced use of synthetic environment biological - organic fertilizers. The Company has already developed one such product and with effect from 1st April, 2011 the product will be marketed on a big scale.
Moreover, the Government of India has provided the incentive that such products shall not attract excise duty and VAT. Also income tax relief for a period of five years.
This relief will be helpful to both, the farmer and the company.
As a part of diversification, the Company has definite plans to procure agriculture land to go in for intensive cultivation of farmer commodities in demand. Further, the idea can be expanded in to making Value Added finished products for the consumers.
In order to create basic demand and brand loyalty for the Company's products, Company will organize dealers and farmers training programs on an extensive scale even up to village level.
To introduce branded house hold product as the health consciousness in general is growing both, in rural and urban markets.
Similarly, the demand of elemental sulphur as a whole is growing year after year. To encash this opportunities the Company has already planned to procure imported sulphur and formulate two formulations from that and will be made available to the farmers.
To start exports business, Company has already tie up with certain exporters.
The management of the Company is fully aware of the requirements of newer molecules of pesticides and by timely registering the same with The Central Insecticides Board the latest products are being made available to the farmers on a regular basis.
The point of interest is that considering the globalization and liberalization, Company foresees a bright future in the field of agriculture and hence the promoters and associates of the company are appropriately investing a sum of Rs. 50 lakhs by way of private placement.
In spite of difficult times, through hardwork and perseverance, as on today, Company has been able to bring private as well as government liabilities to a nil. The liabilities of the banks are also being settled.
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