Message from Chairman and Managing Director
Dear Valued Shareholders
I hope this letter finds you in good spirits.
It gives me immense pleasure to welcome you all to our 4th Annual GeneralMeeting.
After successful de-merger of our seeds business we are trying to increase ourpresence in the market.
The seed industry is growing through many churns as many companies are being bought andsold internationally and this is also impacting the Indian industry too.
We are also facing acute drought particularly in few states of South India as well asin east which again has impacted the production as well as marketing of seeds.
After the demerger we at Camson are building and strengthening the team in all thedepartments of the Company.
We take pride in our own research through which we have obtained many new hybrids andare confident of the performance of these hybrids in the market. Your Company offers awide portfolio of high quality hybrids which are aimed at improving crop yields andproduce quality seeds thereby augmenting farmer's income.
Your Company continues to focus on technology and innovation with new productdevelopment and innovative value addition to variants of existing products to make themmore effective and efficient. Your Board believes that this will further enhance theCompany's market position and set the platform to achieve greater heights in the nearfuture.
The year 2016-17 has been a dynamic one for India with the economic activities shapedby tax reforms normal southwest monsoon after two preceding drought years globally weakcommodity prices and demonetization drive. It is heartening to see Agriculture sectorreturning to higher growth numbers as policy push and near normal monsoons boostedsowings and consequent consumption. Agriculture being the mainstay of Indian societyclosely drives the fortunes of around half a billion livelihood.
Future is unpredictable but prevention is better than cure these two sentences areperfectly resembled to Indian agriculture. Weather is uncertain pests diseases and weedsare unknown and water is alarming but then too selecting crop according to soil healthjudicious use of pesticide and fertilizer farmer friendly technique best storagecapacity are the core solutions for securing food for future.
The road ahead is filled with challenges and opportunities. We are fully equipped tograb the opportunities and face any challenges the market throws up.
I would like to put on record our sincere appreciation to all our shareholderscustomers vendors bankers and all stakeholders for their unwavering support andcooperation.
We look forward to a bright future of your Company ahead.
Chairman and Managing Director