There is every reason to be hopeful after many years of
The new government, with a thumping majority, has started its work in real
earnest and has put in place a lot of the organization required to carryout
the massive development programmes which are desperately needed to be
executed, to even raise our living standard by a bare minimum.
Our highly respected ex-president Mr. A. P. J. Abdul Kalam, has warned us against being complacent
and expecting that only the govt. / authorities will do everything. We all, as citizens of this country
have to do a major part of the contribution, so that, we as a nation progress to the next level.
Our founding father have said You have to create wealth before you can distribute it.
We should respond to the new situation, by gearing up our activities, to meet the expected
increase in the demand.
It is matter of pride for us to announce that the production at our 2nd plant named P2, in Igatpuri
district, has commenced, with regular deliveries to a few customers and we hope that more production
activities and customers will be added in the months ahead.
As the result new CA (Collective Agreement), we have a new MPI (Monthly Productivity Incentive)
which makes it much more attractive, than the previous incentive scheme. Now there is emphasis,
on individual performance rating, which is done every six month, also incentiveis given as a % of basic.
There is now more incentive for people, to strive harder and improve the output / productivity.
A few of challenges before us are: 1. Coping up with larger variety and yet maintaining timely delivery.
2. Higher quality and reliability. 3. A much higher level of 5S. 4. Achieving TS 16949 certification
in the next few months. 5. Our readiness to change, all the time. 6. A higher level of engagement
with our employee.
I would like to congratulate Long Service Awardees and also those who have put in 100% attendance
during the year and some very special employees who have done the same year after year.
On todays occasion, we would like to re-call the services rendered to the company by our Advisor,
late Mr. R. Bhatia. who served us, in Singapore and here, for more than 25 years. His advise has
always been very valuable to us.
I would like to welcome all the family members who have come to this function and to be with us to
celebrate the occasion and also to cheer the participants in the programme and also those who will
receive the annual awards of the company.