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

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Architectural float <strong>glass</strong> market in India has been gaining momentum in the recent past. In<br />

the financial year 2004 - 2005 the <strong>architectural</strong> float <strong>glass</strong> market accounted for 4,97,531<br />

tonnes <strong>and</strong> is expected to grow at a CAGR <strong>of</strong> 16.24% for the next five years.<br />

Capitalising on the dem<strong>and</strong> forecast <strong>of</strong> the <strong>architectural</strong> <strong>glass</strong> industry, we have invested in the<br />

existing pre processing <strong>and</strong> processing facilities at Silvassa. As a backward integration measure,<br />

we are now setting up a project for manufacturing float <strong>glass</strong> at Bharuch.<br />

2. Maintain long term relationships with the Clients<br />

We believe that business is a by-product <strong>of</strong> relationships <strong>and</strong> our business model is based on the<br />

dem<strong>and</strong>s <strong>and</strong> needs <strong>of</strong> the clients. We provide customised solutions to our customers by<br />

monitoring their needs <strong>and</strong> we attempt to provide our customers with the best <strong>of</strong> <strong>architectural</strong><br />

solutions at the most competitive prices.<br />

We believe that continuous satisfaction <strong>of</strong> the requirements <strong>of</strong> the customers helps the<br />

company in fetching better dividends thereby making our mark in the market <strong>and</strong> continuously<br />

growing our market share.<br />

3. To create our br<strong>and</strong> image<br />

Till recently, <strong>glass</strong> was a commodity in India <strong>and</strong> not a br<strong>and</strong>. Our Company has the vision <strong>of</strong><br />

creating br<strong>and</strong> image in the market that evokes a sense <strong>of</strong> awe <strong>and</strong> faith in the market. We<br />

have been selling our products in the market under our own br<strong>and</strong> <strong>and</strong> have been continuously<br />

adding to the basket <strong>of</strong>fered. We intend to continue to enrich the basket <strong>of</strong> products <strong>of</strong>fered,<br />

backed by aggressive marketing, which will be through the print <strong>and</strong> broadcast media, as well<br />

as direct marketing to consumers through presentations, seminars, billboards, event<br />

sponsorships, special event advertisements <strong>and</strong> advertisements in selected <strong>glass</strong> periodicals.<br />

Additionally, we shall continue to have a strong presence at trade shows <strong>and</strong> events nationally<br />

<strong>and</strong> internationally.<br />

4. Technological investment<br />

With the changing market scenario, new <strong>and</strong> advanced technologies are being developed for<br />

various processes for manufacturing <strong>glass</strong>. Our Company intends to pass on the benefits derived<br />

from new technological developments to our customers.<br />

We have invested in state <strong>of</strong> the art technologies for <strong>glass</strong> processing by installing imported<br />

machineries. We shall continue to follow the same by upgrading our technology from time to<br />

time thereby keeping ourselves abreast <strong>of</strong> the latest trends <strong>and</strong> advancements.<br />

5. Reduce operational costs <strong>and</strong> increase cost competitiveness<br />

Our company intends to maintain the operational efficiencies at the highest possible level as<br />

compared to our peers in the industry. We are trying to improve our cost structure through<br />

backward integration that we intend to carry out through this proposed project. With this<br />

backward integration, we should be in position to procure the raw materials <strong>and</strong> supply the<br />

finished products to the customers in the shortest possible time. This will also reduce our<br />

dependence on external suppliers for <strong>glass</strong>, reducing our administrative costs, storage cost,<br />

transportation costs <strong>and</strong> inventory levels. We shall always endeavour to adopt best practises<br />

<strong>and</strong> in all functions <strong>and</strong> processes<br />

6. Increase presence <strong>and</strong> volumes across existing markets <strong>and</strong> exp<strong>and</strong>ing into new<br />

markets<br />

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