It was badly needed by the Group to establish an industrial undertaking which will provide in house manufacturing facilities particularly those items which have to be purchased from the market on the higher rates which eats up profitability.
With the aim of increasing profitability, Group Chairman has decided to set a small scale industry which aims to manufacture industrial machinery’s parts and fabrication and also to establish Rice processing plant on the un-utilized portion of the factor.
The land and machinery acquisition process have been completed in view of an anticipated production commencement programmer by end of this year.
