| This Section bagged the FAPCCI (Federation of Andhra Pradesh Chambers of Commerce & Industry) Award of EXCELLENCE IN WORKERS' WELFARE for the year 2008-09, which was presented by the Hon'ble Chief Minister of Andhra Pradesh Sri K. Rosaiah on 5th April 2010. |
| Basantnagar Limestone Mines of this Section bagged two 1st prizes for "Environmental & Health Management" and "Maintenance and Operation of Heavy Earth Moving Equipments" and 2nd prize for "Drilling and Blasting" from the Director General of Mines Safety, Hyderabad during the Mines Safety Week celebrations. |
As a part of corporate social responsibility, the Section is continuing the rural and community development and welfare activities in nearby villages by running of Agricultural Demonstration Farm, Model Dairy Farm, Vocational Training Centre for Youth, Distribution of agricultural implements, Sewing Machines, Tri-cycles for physically challenged people, Animal Health Camps, Blood Donation Camps, Pulse Polio Programs and promotion of Self Help Groups of women for their economic development etc.
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| Industrial relations were cordial during the year. |
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BIRLA TYRES SECTIONS |
| The gross turnover of the Section this year has been Rs.2,849.62 Crore as compared to Rs.1,947.23 crore showing an increase of about 46.34% compared to last year. In spite of stiff competition, we have been able to increase our market share from 15% to 18%. The export sales for the year under review amounted to Rs 361.48 crore as against Rs 240.41 crore in the previous year. |
| Though the Section has recorded commendable sales growth but due to sharp increase in raw material prices particularly of rubber in quarter III and quarter IV, profitability has been adversely affected. |
| The Company's world class Green field facility for production of Motor Cycle/LCV and Truck/ Bus Radial tyres started commercial production in October, 2009 and March, 2010 respectively. |
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The board has approved further expansion of capacity to produce Truck/Bus Radial tyres by 85 MT/day at Haridwar and for Passenger
Car Radial tyres of 80 MT/day at Balasore involving capital outlay of Rs. 350 Crore and Rs. 450 Crore respectively. The civil construction
for the above expansions is in full swing and order for the major machineries and equipments have already been placed. The commercial productions in both the projects are likely to commence by March, 2011. |
| The Section continues to have the distinction of being certified for ISO-9001, TS-16949, ISO-14001, SA-8000, OSHAS-18001 and TPM. |
| Relations with employees have been cordial and conducive to growth during the year. |
