FUTURE OUTLOOK – TECHNICAL FRONT

Company is expecting the possibility of re-engineering the product constructions and raw materials utilization mix. To upgrade the technological front various efforts are being taken. This will add new value added product range.

Your company is optimistic for the market response of newly introduced product range by technological development. Your company is continually up-grading machines through technical improvements for productivity resulting in production enhancement. Company is adding new customers & enhancing share of more profitable products to improve profitability. Company is focusing on improving plant performance in general and to produce quality oriented yarns for higher segment. The company is finding out the possibility of re-engineering the product constructions and raw materials utilization mix. In processing of products company has taken up the process optimization project that will reduce process cost as well as process time without impacting our product quality. 

Company has also made a new fabric at commercial production level. Company is hopeful for growth in marketing of new product range. In other units also, Company have been able to maintain the balanced technical performance in terms of utilization and productivity during the financial year under consideration. However company is planning for technology up gradation of old plant in the phased manner.