Dear Sharehol ders
I am extremely proud to communicate with you once again and update you on performanceof KCL Infra Projects Limited now we are at our 22nd year and now it is timeto look ahead and gear up more exciting enriching challenging and fulfilling path.
It's been over two years since the new government has taken over at the center withpromise and strong belief that India's fortunes will see a turnaround very soon. OurHon'ble Prime Minister Mr. Narendra Modi cherishes a dream of converting 100 Indiancities into Smart Cities to make India a global player and attract foreign directinvestment. Another proposed Project called AMRUT (Atal Mission for Urban Renewal andTransformation) for 500 cities in the country with a population of above 1 lakh will beprovided with drinking water SWM transport sanitation green belt and energyconservation technology which will be an additional opportunity to infrastructureindustry of India to participate in India's overall development.
Last year we have started trading of bitumen at large scale and this year we plan tostart the import of bitumen and related item. This will lead to better margins as comparedto domestic trade. Another challenge in smart cities is parking. There is not adequateparking available at market place office areas and even at residential areas for a simplereason that now days we need a car space per bedroom and earlier it was a car per house.This has increased the need of smart parking solutions and for the same we have venturedinto mechanised car parking solutions and for the same we have joined hands with RR Parkonas channel partner for M.P and C.G.
I would like to thank all my colleagues across the country for their dedicationcommitment and contribution towards the growth of the Company. Your company would begrateful to all its stakeholders for their continued support in future also.
|With Best Wishes ||Date: 13th August2016 |
|SD /- ||Place: Thane |
|Mohan Jhawar || |
|Managing Director || |