Education and
Stationery Products
The flagship brands, namely ‘Classmate’ for the student
community and ‘Paperkraft’ for the discerning working executives
have established a strong presence in the Indian stationery
market. The rechristened education and stationery business has
expanded its range of products with the launch of scholastic
products such as geometry boxes. The business has effectively
leveraged the Company’s world-class environment friendly
Elemental Chlorine Free (ECF) paper manufacturing capability to
impart unmatched quality to its product range. The business has
played a pioneering role in partnering over 15 small scale units
to upgrade their quality, delivery capability and business
processes. 8 of these units were awarded the ISO 9001:2000
certificate, which is a first for the stationery industry. This
accomplishment underscores the mutual benefits of a marketing
partnership between a large marketing company and small scale
manufacturers.
Safety Matches and
Incense Sticks
In the Matches segment, new value added offers such
as ‘Aim Mega’ and ‘Aim Metro’ have resulted in the combined
portfolio delivering a topline growth of 8% in a mature
category. The business continues to source significantly from
the small scale sector, working closely with these units to
improve their competitive capability through the induction of
technology and best practices.
The Agarbattis business recorded an
impressive 28% growth in revenues, riding on the success of
‘Mangaldeep’ and its two key sub brands – Madhur 100 and Yantra.
The business continues to work in conjunction with NGOs and Self
Help Groups in Tripura, Bihar, Andhra Pradesh, Tamil Nadu etc., extending support to them by training village
women in rolling agarbattis, thereby creating income streams for
women from poor rural households. Livelihood opportunities have
been created for 5000 people so far. The business continues to
collaborate with Small and Medium Enterprises to harness the
best of their entrepreneurial skills and raise their process and
quality standards. 7 out of 10 agarbatti manufacturing units
have received ISO 9001:2000 certification with our support. The
business has commenced export of premium perfumed candles to the
US. The business has also launched a range of premium aromatic
candles in the Indian market under the brand ‘Expressions’. |