"We analyse customer requirements and develop a package that exactly matches the requirements in every respect from performance to delivery and value parameters."
Vision
THE FUTURE PLANS.
The dynamism of the HTWL Group, its commitment for continuous growth can best be reflected in its future plans.
The Company has ambitious plans to expand in India and abroad. It intends to increase the share not only with the existing customer where it is well established but also with many other customers who are not being serviced at present because of capacity and size constraint.
As it is evident from the financial highlights that the sale of the Company is increasing by leaps and bounds. The turnover of the Company in the year 1996-97 increased by around 37% when compared to the year 1995-96. More over the company has been able to achieve the sales of Rs. 1822.763 million for 2006-07 having the growth in sales of about Rs. 232.435 million over the Previous year.
The Company has been moving professionally in its expansion programme and has been carefully analyzing the business environment. For this purpose, the Company has not only contacted the customers but also professional bodies like Indian Institute of Packaging. The major user segments in the country using tin cans are as under:
Baby Foods
Tea and Coffee
Processed Foods
Paints
Pure Ghee
Lube Oils
Biscuits and Confectionery
Cosmetics and
Toiletries
Pesticides
All the above segments are growing at an accelerated pace.
Especially, a lot of potential is seen for requirement of open tap sanitary Cans. Estimated growth in this area is 30% which may increase significantly in future due to the following reasons:
Most of the OTS cans are used in export packaging. Processed Foods Export is one of the thrust areas as per the Policies of Govt. of India.
Improvements in the Standard of living of people will create more demand for preserve foods in the domestic market.
Mushrooms, Tomato Paste / Puree, meat, fruit & vegetable products and juice, marine products will be the areas where growth is anticipated.
The Government is planning for high growth in the export of processed foods in a span of four years.
THE PERCEPTIONS AND TARGETS OF THE COMPANY
To provide high living standard to the employees of the Company.
To provide better returns to the shareholders of the Company.
Being responsible member of the society, Company wishes to generate more employment opportunities.
Company believes in continuous improvement and in providing superior quality goods and services to its customers.
To achieve the above objective a well-defined and planned quality system exists. This system is fully documented and assign responsibility of every aspect of quality and reliability to every individual in the Organisation.It is the duty of each individual in the Organisation to operate with in the framework of this system/operating manual. This quality policy is the foundation of the process to implement the main mission of the Company to be A World-Class Company.
In the long run the Company is targeting to become a world class packaging Company having diversified products like all kind of metal, aluminium, flexible packaging for different products, closures both metal & plastic and also other related areas of packaging. In order to achieve the same, the Company is seriously contemplating to collaborate with a foreign Company, which is well established in the line with worldwide presence. It will help the Company in having access to latest technology in different areas of packaging.
