Opinion

Message from Editor-in-Chief

Welcome everyone! A new financial year is always a fresh start for LNJ Bhilwara family. We overcame trials and tribulations last year with a positive outlook and made strides professionally and I am sure in many cases personally too. This year presents another opportunity to tighten your seatbelts and brace for a challenging but a year full of learning.

Some of the key challenges as a company that I feel would be –  lingering impact of demonetization; GST implementation and its transitional difficulties; uncertainty about GST rates; exports might remain under pressure due to stronger INR; increase in power tariff by DISCOM and increase in raw material prices.

The performance by HEG Ltd has given the company a huge push towards maintaining quality standards and delivering as per expectations. It is a matter of great pride for LNJ Bhilwara group to see the growth shown by the company.

We are of the opinion if the trade war between US-China were to intensify, there is a possibility that a diminished US-China trade engagement could have positive results for countries such as Brazil and India from a trade perspective, at least in the short run. But in the long term, a full-fledged trade war is bad news.

Some achievements that we can boast of are six Group companies have been listed on the Stock Exchanges; there are over 1,000,000 stakeholders in the Group; the production units and corporate office are spread across the country at 38 locations; all the key companies are ISO certified and there is an over 28,000 strong workforce.

I hope and feel that it is very important to work with a positive mindset and strengthening relationships instead of straining the peace and balance.

Stay happy and cheerful.

Sudhir Sood