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sejal architectural glass limited - Securities and Exchange Board of ...

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thermal insulation. We have our own dedicated team <strong>of</strong> marketing <strong>and</strong> sales personnel who<br />

underst<strong>and</strong> the customer’s needs <strong>and</strong> <strong>of</strong>fer solutions to them in the most cost effective <strong>and</strong><br />

timely manner.<br />

For the present <strong>glass</strong> processing unit, our focus is on project based marketing. In order to have<br />

good reach <strong>and</strong> penetration in the market, we have vertically divided our marketing team into<br />

two segments viz, specification team <strong>and</strong> sales <strong>and</strong> marketing team for processing. Our senior<br />

managers make technical presentations to the customers thereby interacting <strong>and</strong><br />

underst<strong>and</strong>ing technical needs <strong>of</strong> the customers <strong>and</strong> <strong>of</strong>fering solutions to them as per the need,<br />

applications <strong>and</strong> climatic conditions.<br />

Our business strategy starts from sensing the start <strong>of</strong> the project at a very initial stage <strong>and</strong><br />

keeping constant interactions with our following business associates, namely, Architects,<br />

Façade Consultant, Project Management Consultant, Developers, Corporate Clients, Direct<br />

Clients, Constructions Companies <strong>and</strong> Fabricators<br />

We have our presence in the major metro cities all across the country duly supported by the<br />

distributors for those regions. The entire operations are monitored from Mumbai head <strong>of</strong>fice.<br />

Marketing Setup for the proposed float <strong>glass</strong> project<br />

Of the production from the proposed float <strong>glass</strong> project, we envisage that 80% <strong>of</strong> the<br />

production would be for the domestic market <strong>and</strong> the balance for the export market. Of the<br />

domestic, there would be an inhouse consumption <strong>of</strong> approx 10%- 20% <strong>of</strong> our production. The<br />

balance would be marketed to other <strong>glass</strong> processors, dealers <strong>and</strong> distributors <strong>and</strong> other direct<br />

clients.<br />

On the international front, we would be targeting countries in the Gulf region, European <strong>and</strong><br />

SAARC nations <strong>and</strong> segments like traders, Glass Importers <strong>and</strong> Glass processors.<br />

Future Prospects<br />

India’s vibrant economy needs matching improvements in the infrastructure, <strong>and</strong> our Company<br />

shall have a role as far as satiating the needs for <strong>glass</strong> <strong>and</strong> <strong>glass</strong> products for the various<br />

infrastructures being created.<br />

IT <strong>and</strong> ITES boom, proliferation in malls, rising economy, increasing disposable income, br<strong>and</strong><br />

preference, changes in the tastes <strong>of</strong> the consumers, etc. depict a rising trend for the <strong>glass</strong><br />

industry in the years to come. Newer applications are being discovered where <strong>glass</strong> is the<br />

preferred material, which is steadily replacing other conventional materials like, wood,<br />

ceramic, steel/aluminium etc. There is an expected dem<strong>and</strong> for around 220 million square feet<br />

<strong>of</strong> retail space by 2010. According to industry estimates, 27 million square feet <strong>of</strong> organised<br />

retail space is currently available. Another 90 million square feet is expected to be added by<br />

2008 from 263 mall projects. Of these, 18 million square feet is slated to come up in Delhi as<br />

well as in Mumbai, 9.5 million square feet in Ludhiana, 6 million square feet in Ch<strong>and</strong>igarh <strong>and</strong><br />

3.6 million square feet in Ahmedabad. (Source: www.ibef.org)<br />

For the last few years, the dem<strong>and</strong> for the Indian float <strong>glass</strong> has been registering a noteworthy<br />

increase <strong>of</strong> 10-12 per cent per annum <strong>and</strong> this increase is likely to sustain in the coming years<br />

as well since the two main consuming sectors <strong>of</strong> <strong>glass</strong> construction <strong>and</strong> automotive have been<br />

on maintaining a consistently high rate <strong>of</strong> growth.<br />

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