Vol. XXIV No. II July - September, 2018

Opinion

Quaterly Newsletter of LNJ
Bhilwara Group

Editorial Team

Editor-in-Chief: Sudhir Sood

Copy Editor: U. Padma Latha

Editorial Board:

  • S.C. Garg
  • O. P. Ajmera
  • Raju Rustogi
  • Rakesh Mahajan
  • Sanjay Sharma
  • Mohit Maheshwari
  • Jyoti Gupta

 

 

 

Contact Detail

Bhilwara Towers, A-12, Sector-1,
Noida-201301, (INDIA)

Tel.:+91-120-4390300

Email : padma.latha@lnjbhilwara.com

Website : www.lnjbhilwara.com

 

© 2018 LNJ Bhilwara Group. All Right Reserved.

Message from Chairman

Chairman Message

Dear Friends,

As a group, our driving goal is to grow, succeed and become a leader in every business that we engage in, whilst adhering to our values of integrity, respect and commitment to excellence.

The International Monetary Fund (IMF), in its latest World Economic Outlook (WEO) update, has projected a growth rate of 7.3% in 2018-19 fiscal and 7.5% in 2019-2020 for India, as against the 6.7% recorded in 2017. This makes India, the fastest growing country among major economies in the years 2018-19 and 2019-20.

India has fallen out of top 10 destinations for Foreign Direct Investments (FDI) in terms of its attractiveness, according to the 2018 Kearney FDI Confidence Index. After moving up from 9th position in 2016 to 8th position in 2017, it fell to the 11th position in 2018. The index was released ina report published by the global consultancy firm A T Kearney.

NITI Aayog organised ‘MOVE: Global Mobility Summit’ on September 7-8 2018, in collaboration with various ministries and industry partners. It promoted India’s goals for vehicle electrification, renewable energy integration and job growth, thus speeding up India’s transition to a clean energy economy.

The Union Government has imposed a safeguard duty of 25% on the import of solar cells (whether or not assembled in modules or panels) from China and Malaysia. The move is aimed at helping the domestic solar cell manufacturing sector.

India is well-positioned to become a high middle-income country by 2030 as it has recorded incredible growth and development from last several decades. India’s fast-growing economy, global stature and unique experience of uplifting highest number of poor out of poverty, in past decades, has helped it to enter economic transformation from low-middle income to high-middle income country.

Our vision

We have always adopted the best management practices, acquired and put to use the latest technologies, to improve our business efficiencies and achieve economies of scale.

We will continue to build partnerships with our customers through knowledge, ingenuity and commitment of our people, as well as through the products and services we offer.

Our goal is not limited to build a great enterprise for our stakeholders. It is also to enrich and give back to the communities in which we operate. We ensure that as our businesses grow, the communities around us get the right opportunities to develop as well.

Ravi Jhunjhunwala

 

Editorial Team

Editor-in-Chief: Sudhir Sood

Copy Editor: U. Padma Latha

Editorial Board:

  • S.C. Garg
  • O. P. Ajmera
  • Raju Rustogi
  • Rakesh Mahajan
  • Sanjay Sharma
  • Mohit Maheshwari
  • Jyoti Gupta

 

 

 

Contact Detail

Bhilwara Towers, A-12, Sector-1,
Noida-201301, (INDIA)

Tel.:+91-120-4390300

Email : padma.latha@lnjbhilwara.com

Website : www.lnjbhilwara.com

 

© 2018 LNJ Bhilwara Group. All Right Reserved.