Dear Members,
This month has been deeply fulfilling as I had the privilege of working closely with many of you once again. Together, we must continue to take our organization forward so that we can positively impact our families, communities, our nation, and the planet.
It is essential that we all work with open hearts, a sense of ownership, and free our workplace from fear. Do not hesitate to make mistakes—decisions are necessary for learning, and outcomes are often uncertain. This month, many individuals achieved remarkable milestones:
- Neetika and Mr. Rishi overcame numerous challenges to bring banks on board.
- Mr. Narendra took charge of the plant, and we have already begun to see positive results. Your collective efforts have helped bring production back on track.
- Work has begun to restart the closed machines at the pulp plant.
- The Food Service Team accelerated sales momentum.
- Mr. Deepak and the Projects Team successfully aligned our vendors, setting the stage for faster project execution.
- Mr. Satish kept the USA business active despite challenges and reassured us of strong future performance.
We also addressed investor concerns regarding the dip in share prices, assuring them that we are fully committed to turning the situation around.
Our Board met in Lucknow and guided us on how to strategically move forward.
I also began meeting customers, which helped uncover several gaps that need urgent attention. It is crucial for us to deeply understand our customers and their markets and deliver precisely to their needs. We must establish ourselves as true experts in food packaging, and this requires singular focus. All our efforts should align with this vision:
- Thoroughly understand market needs.
- Build a product range aligned with these needs.
- Deliver product properties superior to customer expectations.
- Bring costs under control.
- Leave no stone unturned in serving our customers.
To achieve this, we have begun reorganizing teams and refining our product range, and we expect to see tangible results in the coming months. Changes are also being implemented within our Innovation Team, and the Bangalore team is being strengthened further. I spent time there, and we made progress in building both the team and the lab.
We also partnered with Sakhi Distribution Partners and held our first organized meeting with them. Through this program, we engaged with our partners, gained valuable insights from their experiences, and drew energy from their enthusiasm. Their belief in us strengthened our own resolve.
This month, our collective goal is to bring our operations firmly back on track, setting us once again on the path of growth and progress.
I invite your thoughts and feedback so we can work together, united and focused, toward our shared vision.
With best wishes,
Yours sincerely,
Ved