906Annual Report 2008-09.pdf - Hindusthan National Glass ...

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LOCALLY MANUFACTURED BOTTLES. GLOBALLY BENCHMARKED STANDARDS. Customer The Global Green Company Limited (GGCL) is a part of the diversified USD 3 billion Avantha Group. GGCL possesses multiple plants across India and Europe to process gherkins. Customer objectives GGCL desired to evolve its product sourcing with the following objectives in mind: indigenise jars complying with international standards on the one hand and reduce costs on the other. Our response HNG designed and developed customised jars in line with the customer’s needs. It imported new hot-end coating equipment for the first time in India and revamped its coldend coating technology. These proactive investments translated into a number of benefits: a compliance with international bottling standards and requirements, coat layer permanence, enhanced scratch resistance, increased bottle strength and improved bottle surface lubrication. Customer benefits The improved product immediately translated into a superior performance at the customer’s packaging line in the following ways: Accelerated production by nearly 40 jars per minute Enhanced packing line efficiency by over 22 percent Reduced wastages/bottle loss from 1 percent to less than 0.5 percent Customer satisfaction “The gherkin jars developed by HNG, helped us achieve the desired objectives — the quality of jars continues to meet international standards and line performance has seen a substantial improvement. We are eager to maintain a steady long-term relationship with HNG, not only for this line of products, but other SKUs as well!” Santosh Nair, 16 | Hindusthan National Glass & Industries Limited
Vice President, Procurement, Global Green Company Limited* * Global Green is a multinational food company, engaged in the growth, manufacture, distribution and sale of pickled cucumbers (gherkins, cornichons, pickles and relish), sweetcorn, silverskin onions, peppers (jalapeño and paprika), cherries, capers and mixed vegetables. HNG imported new hot-end coating equipment for the first time in India and revamped its cold-end coating technology. 17
Page 1 and 2: Hindusthan National Glass & Industr
Page 3 and 4: Each time our customers are REPLENI
Page 5 and 6: Hindusthan National Glass & Industr
Page 8 and 9: Vision To create a world-class glas
Page 10 and 11: HOW WE PROGRESSED IN 2008-09 In the
Page 12 and 13: Challenging times. Declining offtak
Page 14 and 15: CHAIRMAN’S THOUGHTS HNG enjoyed a
Page 16 and 17: accelerated product roll-out to mee
Page 20 and 21: ENHANCING AESTHETICS. OPTIMISING CO
Page 22 and 23: MANAGEMENT STATEMENT The Management
Page 24 and 25: CORPORATE RESPONSIBILITY AND SUSTAI
Page 26 and 27: DIRECTORS' REPORT We are delighted
Page 28 and 29: ii) they have selected such account
Page 30 and 31: Particulars Unit Year ended 2008-09
Page 32 and 33: The Board of Directors, at its meet
Page 34 and 35: MANAGEMENT DISCUSSION AND ANALYSIS
Page 36 and 37: production at all times. Highlights
Page 38 and 39: Business driver - 3 Quality At HNG,
Page 40 and 41: Managing uncertainties at HNG Risk
Page 42 and 43: THE DIRECTORS PRESENT THE COMPANY
Page 44 and 45: c. Major accounting entries involvi
Page 46 and 47: To Executive Directors The details
Page 48 and 49: Related Party Transactions in the o
Page 50 and 51: Registrar & Share Transfer Agent Sh
Page 52 and 53: Information to shareholders Code of
Page 54 and 55: of the Companies Act, 1956 have bee
Page 56 and 57: Balance Sheet As at March 31, 2009
Page 58 and 59: Cash Flow Statement For the year en
Page 60 and 61: Schedules forming part of the Accou
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Schedules forming part of the Accou
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Statement Regarding Subsidiary Comp
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Director’s Report b) Additional I
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23. The Company has not invited/acc
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Annexure to the Auditors’ Report
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Balance Sheet As at March 31, 2009
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Cash Flow Statement For the year en
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Directors’ Report To the Sharehol
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Statement of matters specified by t
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Balance Sheet As at March 31, 2009
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Cash Flow Statement For the year en
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Consolidated Balance Sheet As at Ma
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Consolidated Cash Flow Statement Fo
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Schedules forming part of the Conso
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136 | Hindusthan National Glass & I
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