Our Silver Jubilee Celebrations Are Not Just About How Far We Have Come, O G S Fa R ® R a M but Also About How Much Shared Value We Have Created for Our Stakeholders
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f servin Our Silver Jubilee celebrations are not just about how far we have come, o g s fa r ® r a m but also about how much shared value we have created for our stakeholders. e y e r 5 s 2 1 9 re 8 7 - Futu erv f s ing o s ® fa r r a m e y e r 5 s 2 Small Ideas. Big Revolutions.® 1 9 re 8 7 - F utu 25th Annual Report 2011-2012 f servin o g s fa r ® r a m e y e r 5 s 2 1 9 re 8 7 - Futu 25 years is a small pause to celebrate the history of a corporation that is ‘built to last’. If we have achieved something, it is but a very small beginning. The world is an open field and we have many crops to sow. A bountiful harvest awaits all our stakeholders. We revere these elements of our universe. They reflect our ethos. Yellow, Green, Blue and Brown are colours of Nature and have been embodied in our logo. They encapsulate the conviction of the Founder and the lasting commitment of the Corporation to Agriculture. Jain Irrigation is striving to add value to the entire agri-chain. At the same time, they produce and process a complete range of agri-products for the exacting world markets and growing domestic clientele. The Corporation is poised to grow and attain water, food and energy security. Small Ideas. Big Revolutions.® Founder’s Conviction Bhavarlal H. Jain, Founder Chairman • In India, 70% of over 1 billion people are its production and productivity. “More Crop Per associated with agriculture. Agriculture Drop” should become a national priority. symbolizes their culture, not just their economy. • Availability of water by itself does not • Transformation of our agrarian society into an guarantee higher productivity or production. industrial society will take centuries. Irrigation water has to be pumped right up to the farm boundary and thereafter distributed up to • In the meantime, there is no escape from the root zone of the crop. taking the help of Science & Technology for agriculture, agri-business and agri-industry. • Growing population, urbanization, industrialization and cropping intensity will • Such an approach alone can ensure long-term reduce overall availability of water for agriculture food security, sustainable & inclusive growth and and increase the need for energy. Hence, lack self-reliance. of energy, shortage of energy or poor quality • No other sector’s progress, howsoever of energy will create bottlenecks in future phenomenal, can substitute the development of agricultural growth. agriculture. • In keeping with our “conservation” theme, we • There is no gainful agriculture without irrigation. shall promote use of green energy not only Therefore, availability and management of water for homes or industries but also for agricultural holds the key for future agricultural progress – applications. i Corporate Philosophy Mission Leave this world better than you found it. Vision Establish leadership in whatever we do at home and abroad. Credo Serve and strive through strain and stress; Do our noblest, that’s success. Goal Achieve continued growth through sustained innovation for total customer satisfaction and fair return to all other stakeholders. Meet this objective by producing quality products at optimum cost and marketing them at reasonable prices. Guiding Principle Toil and sweat to manage our resources of men, material and money in an integrated, efficient and economic manner. Earn profit, keeping in view commitment to social responsibility and environmental concerns. Quality Perspective Make quality a way of life. Work Culture : Experience : Work is life, life is work. ii erv f s ing o s ® fa r r a m e y e r 5 s 2 1 9 re Awards & Recognitions 8 7 - utu F Inclusive Agri Business Leadership Award-2011 : Jain Irrigation was chosen among 200 IFC clients from 80 countries for inclusive business strategy involving 4.5 million farmers who benefitted from our activities. Dr. Dilip Kulkarni receiving the award from Lars Thunell, Executive Vice President and CEO, IFC. PlexConcil Award - 2010 & 2011 : for being the top exporter of drip irrigation systems. Ravi Yeole, Tanuj Sharma, Kishor Gujarathi, Gopal Ostwal, Pramod Masne and Paras Sankhala (from left to right) receiving the awards from Ashok Goel, President, PlastIndia Foundation Kriyasheel Global Award-2011 : awarded to Bhavarlal H. Jain, Founder Chairman for his valuable contribution to the fields of agriculture and environment. Anil Jain, CEO & MD, receiving the award on his behalf from Param Pujya Sadguru Yogiraj Sri Sri Mangeshda iii Jivan Gaurav Puraskar-2012 : For his outstanding contributions to the field of agriculture. Bhavarlal H. Jain, Founder Chairman receiving the award from Adv. Ujjwal Nikam, Jalgaon, GRIHA-ADaRSH Award-2012 : For exemplary demonstration of Clean Production Majors Award-2011 : In recognition of low-energy material application in building construction. Ashok Jain, practising “Cleaner Prouduction Measures”. Anil Lodha, receiving Vice Chairman, receiving the award from Dr. R. K. Pachauri, President, the award from S. V. Raju, Minister for Forest and Environment, Association for Development and Research of Sustainable Habitats Andhra Pradesh FMB (Managing Globalisation of the Family Business) Award-2012 : Avinash Jain receiving the award from Mitrajit Bhattacharya, President-Publisher, Chitralekha Group iv erv f s ing o s ® fa r r a m e y e r 5 s 2 1 9 re 8 7 - F utu Signing the MoU for sustainable development : Anil Jain, CEO & MD and Dr. Sudhir Kumar Goel, Principal Secretary (Agriculture), Maharashtra signing the MoU for sustainable development for cotton crop in the presence of Radhakrishna Vikhe-Patil, Agriculture Minister, Maharashtra Contract Documents for Joint Research : Atul Jain, Joint MD Discussion on developing Hi-tech agriculture in Africa : Atul Jain, Joint exchanging documents on propagation of rice by drip irrigation MD, in discussion with Bernard Makuza, Prime Minister, Rwanda with Dr. Robert Zeigler, Director General, IRRI, Manila, Philippines Wipro Earthian Sustainability Award-2011 : Anubhūūti School students led by Alok Kumar Mohanty receiving cash award of Rs. 2 lakhs from Azim Premji, Chairman, Wipro v Acquisitions & New Plants HiTec Injection Molds & Hortunner Systems : Protool, Switzerland Drip / Sprinkler Irrigation Systems and Plastic Piping : Jain Plastic Park, Alwar, Rajasthan (India) vi erv f s ing o s ® fa r r a m e y e r 5 s 2 1 9 re 8 7 - F utu Solar Photovoltaic Module : Jain Energy Park, Jain Valley, Jalgaon, Maharashtra (India) Biogas : Jain Energy Park, Jain Valley, Jalgaon, Maharashtra (India) vii 8.5 Mega Watt Solar Power Project in 48 acres of wasteland, Jain Valley, Jalgaon, Maharashtra (India) viii servin f g o fa s ® r r m a e e y r s 5 2 2 1 9 re 8 7 - F utu ix Involvement with community Ashok Jain, Vice Chairman, S. V. Patil, Senior President and Gautam Desarda, Head of Contract Farming at the onion farm of Dagadubhau Khachane, progressive farmer from Nashirabad At Jain Irrigation, corporate social responsibility to a natural relationship of empathy. It impels is not merely a matter of an obligation to be the corporation to understand and appreciate fulfilled or an account to be presented to society. social issues and problems. It results in our We firmly believe that we are indebted to society being part and parcel of society’s progression for our existence, survival and success. We through the process of inclusive growth. We have experienced that we have an invisible have come to believe that society has, at the bond with society. This bond inevitably leads us least, a pari passu charge on the resources of x erv f s ing o s ® fa r r a m e y e r 5 s the corporation. Such a realization generates 2 1 9 re 8 7 - F utu confidence in the minds of people and society that can count on the corporation for mitigation of problems, difficulties, and even exceptional calamities that they may face. We continually search for innovative ways and means of creating a bridge between the corporation’s objectives and social priorities. This process has enlightened us with grass-roots realities. The more we realize this, the more determined we become to evolve a creative partnership between the corporate growth process and its impact on society. This philosophy is born out of our Mission Statement, formulated twenty- five years ago – “Leave this world better than you found it.” We realize that happiness is not a destination. It cannot be travelled to, cannot be earned, loaned or owned. It cannot be worn or consumed. It has to be experienced – and we are experiencing it. — Bhavarlal H. Jain, Founder Chairman xi Gandhi Teerth at Jain Hills, Jalgaon, Maharashtra (India) Gandhi Research Foundation provided for needy students. Some of the Gandhiji having emerged as our role model courses proposed to be offered are : Certificate, for rural development, we decided to preserve Diploma, Degree, Post Graduation, M. Phil, for posterity the timeless ideology of the Ph.D. and Post-doctoral (Part time/Full time) Father of the Nation. The resulting initiative Gandhinomics : Rural Development/Outreach is the Gandhi Research Foundation – GRF Programmes based on Gandhian ideology. and The Gandhi Teerth at Jain Hills. The Hon. ‘Khoj Gandhiji Ki’ Museum : A thematic, President of India, Smt. Pratibha Patil dedicated state-of-the-art, interactive multimedia museum it to humanity on March 2012. The Gandhi conceived to disseminate Gandhiji’s life- Research Foundation is being developed as an lessons and ideology, as also the saga of Indian international hub for education and research, independence movement. according to international standards. An GIRI (Gandhi International Research academic collaboration has already been signed Institute) : The academic arm of GRF which will with the Gujarat Vidyapeeth, Ahmedabad, North award diplomas, degrees and facilitate research Maharashtra University, Jalgaon and Cytes in Gandhian studies.