It is my pleasure to welcome you to the 12thAnnual General Meeting (AGM) of OurCompany. We had an exceptional year! It was possible just because of you our clients andour Valued Employees.
The Agro Product industry has been slated for accelerated growth. It is projected to bea futuristic industry and it is anticipated that over the years India has the potentialto emerge as a leading player in the global agricultural sector. As a result the industryis seen to be witnessing feverish activity.
The true potential of fresh produce (fruits and vegetables) value chain is slowly beingrealized by vast majority of the Stakeholders. This is reflected in the fact that thegovernment has classified the Agriculture sector as the thrust area. In the same directionour approach to help farmers and agricultural industries resulted in increased clientrelevance driven by five (5) pillars scaling our agile Agriculture Processing PremiumPackaging Warehousing and Manpower Management. It's enabling farmers as our key suppliersto access markets in which we operate domestically & internationally adding upvalue through an unequalled expertise in new product development logistic capabilitytechnical and quality assurance. As I look back to fiscal year 2019 this strategicdirection has yielded strong results. Our clients and famer groups have increased theirtrust in us. Overall company's revenue grew by 21% vis--vis Fiscal 2018. It shows theperformance of the company has remained outstanding during the Fiscal 2019.
As I sit in my office looking out of my window I am thrilled with the anticipation ofwhat lies ahead. We have laid a solid foundation for growing business that has increasedclient's relevance by providing hygienic & best quality Fruits and Vegetables linkingit to farmer's growth welfare as well as satisfaction. This has ensured improved livingand ease of life for farmers many unskilled labour and several other players in theentire eco system.
Your company has envisage to become India's leading fully integrated fruits andvegetables enterprise and I am very happy to see that your company is moving forward inequivalent path to achieve the same.
I am extremely proud that your company continues to create massive value for all theStakeholders including government and our shareholders.
Furthermore I am taking pride in informing that your company's leadership team followsa solution driven approach in maximizing the output for a given input.
Mr. Jinen Ghelani
Chairman & Managing Director & CFO