LAKHOTIA POLYESTERS (INDIA) LIMITED - BSE

SUMMARY OF BUSINESSLakhotia Polyesters (India) Limited, the flagship Company of the group is a new age fashion yarn manufacturer.The Company has grown under the dynamic leadership of Mr. Madhusudan Lakhotia, the prime mover of theCompany, supported by his wife Mrs. Jayshree Lakhotia. The promoters of the Company are associated with thetextile industry since decades.The Company was formed in 2005 with the objective of producing textile yarn for catering to the domestic andinternational markets. The Company started with manmade yarn products and found its niche in the metallic yarnand related products.The Company is engaged in the business of manufacturing of lacquer coated Polyester films, transfer foils and Mtype metallic yarns, which are appropriate for textile, printing, decoration and packing industry and manufacturingof grey fabrics used in sarees and as interline cloth. The yarns produced by the Company are used for made ups inapparels, hosiery, home furnishings & garment industry.The metallic yarn and metallic film manufacturing facility is located at Pimpalgaon Baswant, Nashik, whereasfabric manufacturing facility is located at Malegoan, Nashik. The manufacturing facilities are fully backed by astrong team of technicians, machine operators and production controllers.Our Competitive StrengthWe believe that the following are our primary competitive strength1. Experience of our PromotersAll our individual Promoters are experienced and qualified. Further we have employed key professionalshaving technical and commercial backgrounds. Our company feels that the strength of any successfulorganization lies in the experience and guidance of its team leaders and staff alike. A lot of care is taken inchoosing the right people for the right job. It has been only due to the highly empathetic management style thatour Promoters have developed over the years. Our company provides an environment that induces an employeeas an entrepreneur in his own work area.2. Quality AssuranceAll products that leave the factory premise are inspected by the Quality Control Department. Further, qualitycheck is done at every stage of manufacturing to ensure the adherence to desired specifications. Since, ourCompany is dedicated towards quality of products, processes and inputs; we get repetitive orders from ourbuyers, as we are capable of meeting their quality standards, which enables them to maintain their brand imagein the market.3. Strong Customer BaseOur Company has strong customer base in the local as well as interstate market. Over a period of time, ourCompany has built-up a track record for quality products and timely delivery. Our Marketing and R&D teamclosely interacts with the customers, understands their requirements and develops the products as per theirrequirements. Our Company has been able to retain customers and further strengthen the relationship byproviding them end-to-end solutions for their requirements.4. Implemented ERP SoftwareSince present is the era of IT therefore our Company has already kept vision on IT needs in the expanded andmulti locational activities. Our Company has implemented Ramco for managing its operations from gate entrytill final dispatch of materials.5. Continuous focus on developing novel and innovative productsFor any company, innovation and technical progress are key factors of its success in the long term. TheCompany constantly encourages its people to innovate and develop new products for catering to demands fromnational & international markets.26