It gives me a great pleasure to declare that our first generation business set up has achieved success beyond our expectations. It would never be possible for a single individual to pull off this Herculean task, without the dedication and honest effort of our workers, our staff and their families. The consistent, dedicated, and committed support from the workforce has been instrumental in bringing success at every venture. That, coupled with nothing less than total honesty is what has brought SPS where it is today.
However, we would like to request the state Governments (in states where we have acquired or established companies under the name of the Group) as well the centre to look after the interest of the various industries. This would only result in creating huge employment opportunities for the youth of India. Proposals made in budgets like increased excise duty not only harm the industries, but also the consumers, as the price hike of products will affect them as well.
We would like to increase our production capacities, and continue to provide our customers with the best quality products possible. But for that, we need the cooperation of the States, as well as the central Government. Without that, we cannot achieve the growth rate that we have envisioned.
However, we are hopeful that the State Governments will take heed to our requests, and take proper action to ensure our Group companies can function to the best of the production capacities. Only by working together, we can attempt to eradicate the stigma of unemployment among the youth of our country to a great extent in the coming years.