Greetings from Manjushree 2.0!
2019 has been a year of tremendous transformation and achievement for Manjushree and I wish to take this opportunity to thank you for your support and business. As this year comes to a close, we already have a clear vision for the future, with even greater aspirations and a road map to offer a wider set of solutions.
Growth is going to be synonymous with Manjushree 2.0, in the years to come. We will focus on both organic and inorganic routes for growth. Our inorganic growth plan will concentrate on increasing our manufacturing footprint in geographies where we are not present and acquiring allied businesses, such as dispensers, triggers, pumps, closures etc., which would help expand our offerings.
Growth will be targeted, not only in terms of revenue generation, but also with respect to what we give back to the world. Henceforth, our efforts will be to create innovations that do not compromise on environmental safety and sustainability. We will promote and engage in the recycling of plastic, as well as other means of environmental conservation in our industry.
Within the next year, Manjushree 2.0 aims to take giant strides in being part of the ecosystem of the collection, segregation and processing of plastic waste across the country. We are setting up our own recycling plant in Bangalore, to produce high-quality PCR (Post Consumer Recyclable) resin. In phase I we will start with PP/HDPE PCR resin and then set up infrastructure for rPET in the second phase.
At Manjushree, we have always been and will continue to be, at the forefront of adopting new technologies for the best manufacturing practices and sustainable development.
Thanks and regards,