The Road Ahead

We are an integrated business conglomerate, with a group turnover of Rs. 2940 crores. Our business portfolio comprises of primarily two types of business i.e. (i) Energy Intensive products (ii) Agri products (inputs as well as outputs) and services. We have manufacturing facilities at Kota (Rajasthan), Bharuch (Gujarat), and Ajbapur, Rupapur, Hariawan and Loni(UP). Our hybrid seed operations are at Hyderabad (India), Vietnam, Philippines and Thailand. The Company also has its windows fabrication units at Bhiwadi, Bangalore, Mumbai, Hyderabad and Chennai

Our strengths are:

• Strong energy management expertise both in the area of generation as well as effective utilisation of energy.
• Deep understanding and knowledge of Indian rural milieu developed with over 40 years of close work with farmers to improve his economics.
• Well-established presence and strong brand across the entire agri-space in India.
• Integration through Integrated manufacturing facilities and thru utilisation of competencies/resources across businesses is a major value enhancer.

We are building on the above strengths to develop a business profile which enjoys strong cost competitive position and delivers superior value to our customers simultaneously. We are further integrating our business portfolio to add value added products/services and solutions to the commodity businesses.

We have implemented plans resulting in significant volume growth in past 2-3 years in most of our existing commodity businesses and expect significant value/growth through value add businesses in longer term.

The company has invested Rs.1300 crores in the past three years and plans to invest approximately Rs. 500 crores in the next two years, to expand its business operations.

Agri-business

This business is a key growth driver for us, and we are present across the entire Agri input, output and services value chain. We have established strong relationships with the country's farming community over decades of operation in this sector based on trust, reliability and superior value to the customer. Urea,SSP, soluble fertilizers, micro nutrients, pesticides, and hybrid seeds form our agri input offerings, while sugar and seeds are the agri outputs we produce & market. We have been present in the agri services area through over a hundred Shriram Krishi Vikas Kendras, Helping the rural household's farmers in adopting latest farming practices and improving their well being.

The Company plans to expand its Hariyali Kisaan Bazaar through proactive investments.

• Sugar: Increase its Power co-generation capacity from 70.5 MW to 94.5 MW out of which the company would supply approximately 46 MW to the grid.
  
  The company would be incurring approximately Rs.50 crores in the above expansions
  
  
• Hariyali Kisaan Bazaar:HKB initiative is a unique rural retail initiative based on building “trusted farmer relationships” to create a rural hub that makes agri, consumer products (of all manufacturers) and agri-services available to farmers in a fair, transparent and convenient format. We are the first company to implement such an initiative and initial response has been very encouraging in terms of footfalls and conversion. We currently have over 150 such bazaars in operation and plan to increase it to 300 by Dec 2008.
  

Energy Intensive Business

• Chlor alkali: The Company plans to increase the capacity of its chlor-alkali manufacturing facility at Bharuch from 200 TPD to 360 TPD.  Further, it also plans to set up a 48 MW coal based power plant in replacement of the existing 24MW furnace oil based power plant to generate economical power at Bharuch. The use of imported coal or gas as input will enhance cost efficiency of the plant at Bharuch. With this expansion, which is expected to be completed by Q1 FY09, the Company’s chlor-alkali capacity will increase to 670 TPD.

With this expansion, the company would be the second largest player of Chlor-alkali in the country in capacity terms