III. |
FOREIGN EXCHANGE EARNINGS & OUTGO : |
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1. |
Activities relating to exports, initiatives
taken to increase exports, development
of new export markets for products and
services and export plans |
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Increased exports of VFY by about 17% by exploring new markets of Brazil and Argentina. Export of T.P. was lower by 4% due to cheaper substitute available from other Countries. Plan is to increase export by further exploring new markets. (Rayon & T.P. Sections).
Exports were made to 26 countries including Bangladesh, Pakistan, Vietnam, Middle East & Philippines etc. during the year under reference and efforts are being made to explore new markets. (Tyre Sections). |
2. |
Total Foreign Exchange used and earned - |
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Used |
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Rs. 78,441.26 lacs (excluding Rs. 3,694.29 lacs being interest) |
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Earned (on F.O.B. realisation basis) |
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Rs. 37,503.67 lacs |
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B. K. BIRLA |
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Chairman |
Kolkata,
28th April, 2010 |
S. K. PATODIA
Secretary |
DEEPAK TANDON
Whole-time Director |
K. G. MAHESHWARI
B. P. BAJORIA
P. K. CHOKSEY
G. B. PANDE
AMITABHA GHOSH
P. K. MALLIK
MANJUSHREE KHAITAN |
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Directors |
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