Kore Foods Ltd

Kore Foods Ltd

Incorporated in Jan.'83 as Goa Optics Pvt Ltd PHIL Corporation (PCL) subsequently changed its name to Photophone Industries India and since 1985 it has been a public limited company. In Jan.'95 it got its present name. PCL was promoted by Photophone together with Moorad Fazalbhoy and Associates. A Fazalbhoy is the chairman.PCL is one of the established and reputed photographic companies in the country with a diversified product range. The products manufactured and marketed and the services rendered by the company find applications in market segments like amateur and professional photography photo-finishing documentation and presentation. PCL has close relationships with Konica Corp Polaroid Corp and Goko Camera Company Japan.In May '93 PCL came out with a rights issue to part-finance the project for conversion and packaging of imported photographic colour films into roll cartridges at Bicholim Goa with technical assistance from Konica. During 1999 a modest start was made in the Medical & Graphic products segment. All the software & network related activities of the Company have been consolidated under the Phil Net Division. This group has been active in developing applications for the company's core imaging business. The major achievements have been The Phil ID Form and the Phil Photo Station.During 1999-2000 the launch of Konica Centuria in 4 film speeds - ASA 100 200 400 and 800 met with outstanding success and was discontinued in the middle of the year due to complex arrangement. The camera range was enhanced with the introduction of Phil One Shot camera which is best in its class. Konica Gloden Dragon paper was well received in the market due to its excellent characteristics.The company was awarded the contract for the making of Voter ID cards for the Goa State Election Commission. The ERP system has been implemented by the subsidiary company Phil Systems for the corporation which has been converted to Linux and Postgressql. To integrate the operations and to save administrative coststhe company is proposing to merge the retail subsidiary vizGokhatak Enterprises Limited with itself.