I am delighted; it's a very special feeling for me to share few words with you. It is agreat a privilege an honour at the same time a great responsibility as the Chairman ofthe Board of RR Metalmakers India Limited (which previously was known as Shree SurgovindTradelink limited). And I thank you for your trust and support. As you know our company isin the field of steel trading and we are entering an important new growth era: poised toreach new pivotal milestones.
Friends we are defining RR Metalmakers India Ltd. through hard work and innovation. RRMetalmakers India Ltd. isn't just about the here and now; it's also about how ourcontribution will be remembered in the future. We are not just shaping the future we arealso making history.The past year we saw more growth and customer satisfaction everbefore. Our major focus was on expansion and to secure our competitiveness.
Globally our ambition is to be the leading metal product manufacturer and supplier.With this vision of expansion we have entered into manufacturing sector and have acquireda unit (capacity of 1000 metric tonnes of production a month) located at SabarkanthaGujarat. We have started producing ERW pipes which is the biggest industrial product andsupporting material for the entire industry. It is environment friendly product and is inhuge demand in various industries as they are substitute for wooden and plastic goods andare of the lowest cost weight and good durability.
Friends' time is such a precious and limited resource yet often we neglect or abuseit. We have to put things right growth and comfort does not coexist. Sabarkantha unitwill function on the shift basis to increase its production capacity and to manufactureother steel products. The products of this unit will take care of the huge demand from thestates like Rajasthan & Gujarat.
I have always believed that we can and are making biggest impacts on people's lives.
RR Metalmakers India Limited is diversifying into pharma sector and in my opinion; itis in good direction for its value and future growth of the Company. RR Lifecare Pvt. Ltd.is the wholly owned Subsidiary company of M/s. RR Metalmakers India Ltd.
Good pharma plant is need of the hour. So RR Lifecare Pvt. Ltd. is created to servepeople and caters to human needs. As Pharma products from India are in huge demand acrossthe globe and Indian government has announced attractive export incentives.
RR Lifecare Pvt. Ltd. is setting up a pharma formulation injection plant at WadaDistrict-Palghar Maharashtra to manufacture injection products like Vial AmpulePre-Filled Syringe and Dental Cartridge. The Company has appointed highly expertiseconsultant M/s. Topes Process Solutions Pvt. Ltd. to do the job. The said factory plant isapproved by FDA and the required land for the factory has been purchased. The Company issetting up the project as per European FDA Standards
The plant formulation investment is approximately 50 Crore (Indian Rupee) which wouldbe managed by its holding company RR Metalmakers India Limited.
RR Lifecare Pvt. Ltd. is a profit making company its product care for human lives atthe same time preserve environment.
Friends consider the things that still divide our society. Economic growth has theincredible ability to make us all equal. I believe we can and will make a real positivecontribution to the economic and social wellbeing of this country. The example needs tocome from the companies like ours. I know how tough it is to access ourselves but throughinspection and reflection we can determine the weakest links of our ideas and processes.We must not forget to pause examine and work more effectively.
At RR Metalmakers we make sure that never to lose sight of the humans behind themachines whether they're your workers or your target market.
Dear shareholders I hope that you all are satisfied with the performance of yourinvestment in RR Metalmakers India Limited. We will continue our winning spree with yourlove and valuable support.
I thank you my dear shareholders and thank my dear fellow executive board members. Andwish you every success and all the best for the future!
(Chairman of the Board of RR Metalmakers India Limited)