Opinion

Letter from Editor-in-chief

Dear Friends

It is always a pleasure to convey to all of you what is closet to management’s heart and that is your growth and your family’s well-being. The second quarter did start on a shaky note due to implementation of GST but the biggest benefit was the reduced cost of things, as a result consumption has increased in certain quarters, helping companies increase their production. The international ranking of ease of doing business in India has improved with time and many goods and services especially in the textile sector has also benefitted from the change.

 

The Annual Report 2016-17 was shared with all the stakeholders and LNJ Bhilwara team. The senior management believes that adoption of right strategies will help the Company sustain its growth momentum over the long-term. Numerous events starting with Independence Day and Janmashtami till Dusshera filled the second quarter with excitement, festivities and celebrations. Independence Day is celebrated by people all over the India. This day, we pay tribute and remember all the freedom fighters who contributed and fought for the Independence of India.

There are always numerous activities being planned around the festivities for the well-being of the staff and their family members. The primary message that all celebrations stand for is harmony. These give a unique opportunity to spend time with family, friends and community. These build social relations and communication which leads to unity among the people. This year, many of these activities were condensed in these three months between July through September.

The Make in India and Vision 2022 initiatives introduced by the Government will prove to be fruitful for India’s economy in the long term. It has stressed on expansion and strengthening of the Indian manufacturing sector by effective utilization of its existing resources. These reforms will give the world a whole new perspective of India and will be an opportunity for our countrymen to reflect upon their own skills and potential to assist the country reach its goals. The political relations with foreign countries have also fostered over the years. India is on friendly terms with many major global economies. The prospect of them planting their seeds in India is a highly possible and with our country getting the tag of ‘a newly industrialized country’, it’s something we look forward to in the coming years. 

Wishing the very best in all that everyone undertakes.

Sudhir Sood