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Our Philosophy Our Philosophy When we said we'll build an empire, we also meant we'll build an empire where values such as integrity, trust and respect would be the corner stones. And when you build an empire on such values, there is little doubt that you'll go wrong. So it should hardly come as a surprise that we are an integral part of millions of people's lives, enriching it in more ways than they can imagine. Today, for most people we are the shinning example of enduring ideals in a changing world. Our Companies The spirit of entrepreneurship, the vision of a dynamic tomorrow, and the capacity to build and realize dreams! This is the essence of the Godrej group. No wonder then, Godrej has become the symbol of a vibrant multi-business enterprise touching the lives of millions and at the same time an icon of enduring ideals in a changing world. ¾Godrej & Boyce ¾Godrej Consumer Products ¾Godrej Industries ¾Godrej Geometric Limited ¾Godrej Infotech ¾Godrej Aggrovet ¾Godrej Saralee ¾Godrej Hi Care ¾Godrej Efacec ¾Godrej Properties ¾Godrej Overeseas Establishmenets •Godrej Malaysia •Godrej Singapore •Godrej Vietnam •Godrej Oman Our Products Godrej is a part and parcel of every Indian’s life. From locks to personal care. From appliances to air care. From furniture to construction. There are innumerable ways we enrich quality of life - everyday, everywhere. We offer an entire spectrum of industrial solutions from storage to material handling to process equipment and many, many more. Whether clients are looking for standard equipment or custom engineering solutions, the first name is Godrej. Consumer Products Industrial Products 9Storage solutions 9 9Appliance Automated Warehousing 9 9Locks Material Handling Equipment 9 9Furniture Process Equipment 9 9Security Equipment Precision components & Systems 9 9Audio Visual Solutions Machine Tools Services 9 9Typewriters Electricals & Electronics 9 9Vending Tooling 9 9Soap & Personal Care IT Solutions 9 9Foods PLM Solutions 9 9Air Care Medical Diagnostics 9 9Household Insecticides Agro Products 9 9Housing Chemical 9 9Pest Management Services Construction Materials & Services 9Lawkim Motors Group GODREJ & BOYCE MFG. CO. LTD.: Godrej and Boyce Mfg. Co. Ltd. is a Company controlled by the Godrej family based in Mumbai. It’s shares are not listed in any of the stock exchanges and about one-fourth company share capital is held by Pirojsha Godrej Foundation, a Public Charitable Trust. Godrej & Boyce has the following business which manufactures and / or markets a wide range of consumer durables and industrial products. ¾Appliances : Refrigerators, Washing Machines, Air Conditions, Microwave Ovens and DVD Players ¾Interio : Office and home furniture o Office Furniture : Desking, Seating, Storages, Work Station. o Home Furniture : Living, Dining and Bedroom furniture, Kitchen cabinets. o Also manufactures furniture for Laboratories, Marine Accommodation, Healthcare, etc. ¾Security Equipment & Solutions : o Physical Security Products – RPE, Burglary Resisting Safes, Vaults o Currency Handling System. o Electronic Security System o Fire Doors o Premises Security – Boom Barrier, sliding / swing gates / chain link fencing o Marine Products – water tight sliding electro hydraulic doors and WT and GT weather tight steel doors. o Home safes – mechanical & electrical safes. Contd. ¾ Prima Office Equipment : Office Automation Products – Multifunction devices, Printers, Fax & Typewriters, Conferencing Products & Solutions – Projectors, Plasma Displays & Electronic Print Boards, Audio & Video Conferencing Solutions, Vending Machines and Services. ¾ Storage Solutions : Multiflex and Heavy Duty Storage Systems, Tool storage Cabinets, Gravity-flow, Mobile and Drive-in System Components, Mezzanine Floors, Cantilever Storage Systems, Workshop Equipment, Special Warehousing Solutions and warehouse Consultancy. Racking/shelving, special solutions, automation. ¾ Material Handling Equpment : Forklift Trucks (Diesel, Electric and LPG) and Attachments, Container Handling Trucks, Warehousing Products Access Equipment, Spare Parts, Service and Maintenance contracts, All terrain trucks, hubtex side loaders. ¾ Industrial Products : Precision Toolings (Press Tools / Plastic Injection Moulds / Vacuum forming Moulds/Pressure Die-Casting Dies), Special Purpose Machines, High Precision (Components / Equipment for Engineering and allied industries, Sheet Metal Working Machines – Sales and Service. ¾ Process Plant and Equipment : High Pressure Vessels, Reactors, Shell & Tube Heat Exchangers, Distillation/Fractionating Columns/Towers, Secondary Reformers, Fermentors, Reactors/Tower internals and Waste Heat Boilers. Contd. ¾ Precision Components & Systems : Aerospace projects involving Precision machining, Precision fabrication , (Welding & Brazing), Heat Treatment, Surface Treatment, Assembly, Testing & Supply of Complex & Airworthy Systems. Ready- to-use Assemblies/Sub-Assemblies required by Aircraft, Launch Vehicles and Satellite industries. Dish Antenna Systems for Remote Sensing & Satellite Tracking. Manufacturing of Valves, Regulators and Actuators for Aircraft / Launch Vehicles / Satellite Industries Manufacturing & Supply of Sub-Assemblies to MRO segment. Participate in off- set programmes ¾ Construction and Real Estate : Ready Mix Concrete, Construction Projects, Property Development, Horticulture and Envirotech Services ¾ Electrical & Electronics : Busbar Power Distribution Systems, Compressors and Compressed Air Control Systems, Electronic Technology Solution Provider, Energy Conservation Services, Turnkey electrical Contracts and Power infrastructure projects. As you will observe that for most of these products, we require steel in some form or the other. The Sales & Service is done by 33 branches situated all over India. Further the Company has a network of 48 Godrej Lifespace Retail Stores and more than 2200 dealers. The Company has manufacturing operations in various locations in India as well as Singapore, Malaysia, Vietnam, Muscat. Godrej has Representative Offices in Sharjah (UAE), Nairobi (Kenya), Riyadh (Saudi Arabia) and Guangzhou (China). Various Types of Steel used by Godrej & Boyce During 2009-10 Sr. Annual Size in mm G&B Unit Type of Steel Specifications Qty. End Use No thickness . (Mt) 1 C.R. Coils / G.P. Coils Electrical Steel IS 513 Gr.’D’ or JIS A Furniture, Vikhroli, Mumbai C.R. Coils G 3141 SPCCSD 0.60 to 2.00 19000 Furniture B Godrej Overseas - Do - - Do - - Do - 20000 Furniture C SSG, Chennai - Do - - Do - - Do - 4000 Storage Solutions D Security Equipment Div., G.P. Coils/ C.R. Coils IS 277 Gr. D/EDD or 0.50 to 2.00 4000 Security Equipments Vikhroli, Mumbai JIS G 3302 & JIS G 3141 SPCC SD E Appliances Div., G.P. Coils / C.R. Coils / IS 277 Gr. D/EDD or 0.35/0.45/ 23950 Refrigerator sides & doors & Shirwal/Mohali Electrical Steel JIS G 3302, 0.5 Hermatic motors for JIS G 3141 SPCC SD, compressos (Captive & IS 649 external) Sub-Total 70950 2 H.R..M.S.Plates/Elec.Steel A Security Equipment Div,, H.R. Coils IS 2062 Gr. A/B or 5 / 10 9500 Security Equipments Mumbai IS 5986 Fe 410 B Process Equipment Div. B.Q. Plates ASTM 515/516 8 to 250 19000 PED –Pressure Vessels Mumbai Gr. 60/70 C SSG., Chennai High Strength HR IS 800 Fe 460 1.6/1.8/2.0 9000 Storage Solutions DIN 17100 St 46 D Appliances Div., Mohali HRPO – EDD / DD IS 2062 / 5986 3.00 4200 Compressor cover & shells Sub-Total 41700 2 Tor Steel Rounds Construction CRS/TMT Fe 500 8 to 32 mm 7500 Construction T O T A L 161850 Note : items vendored not included. EXPECTED REQUIREMENTS OF STEELIN THE SHORT TERM i.e. 2011-12 AND IN THE MEDIUM TERM i.e. 2015-16 Process Storage Security TOTAL Name of the Division Appliance Furniture Equipment Solutions Equipment Division Group ---- Qty. in M/t ---- Consumption of Steel *34600 19000 13,500 12000 13000 92100 – 2009-10 Expected Requirements 58600 22600 16,000 18000 16000 131200 - 2011-12 Expected Requirements 167000 41000 31,500 24000 23000 286500 - 2015-16 *Incl. bought out components ** Overseas Operations – 2011-12 - 26000 M/t 2015-16 - 41000 M/t Appliances Current Estimated Estimaed Y-O-Y Growth Product Category Market size (In lacs) (in %) Refrigerators 52L 10% Washing Machines 23L 10% Air Conditioners 25L 20% MWO 12L 20% Appliances Growth Drivers Threats Perceived 2011-12 2015-16 2011-12 2015-16 Low Penetration possess higher Growth Banking on phenomenon growth Hardening inflationary trends Consolidation in the Appliance Opportunities in the rural sector. could dampen the growth Industry may result in fierce Current Growth competition amongst global -Refrigerators – 14% Climate Changes such as poor players. -Washing M/c – 5% monsoons could see demand alling. -AC – 5% Hence big opportunities to grow. Consumption of steel may reduce due to superior alternative material eg. Engineering plastics, etc. -Infrastructure projects during the next 5 years likely to be huge especially in the power sector. Electrification in villages would boost the sales of refrigerators. - Introduction of new products with improved technology and better aesthetics would lead to increase in demand of refrierators, WMs, ACs. ~ Expectations from Steel Companies : Quality Seeking technological changes which would provide better solutions to the Appliance Industry, like enhanced rust prevention (increase the life cycle of the product) Increase in structural strength, with reduction in the thickness of the material. Increase in the product offering, i.e. glossier finish with different patterns, etc. Better controls on dimensional tolerance
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