Chambal_Naratives 12.cdr - Chambal Fertilisers - Home

V. Operational and Financial PerformanceThe performance of Fertilizer Division is summarized below:2007-08 2006-07Urea Production (MT in lac) 20.00 19.26Sales including Agri inputs (Rs. in crore) 2242.28 2223.45EBIDTA (Rs. in crore) 392.28 389.97The Company achieved highest ever urea production of 20.00 lac MT during the year.Your Company also sold the highest ever urea quantity of 20.05 lac MT during the year 2007-08 against the last yearsale of 19.27 lac MT. During the year, all India consumption of urea has increased to 262 lac MT from 245 lac MT inthe previous year. The Company also marketed other fertilizers aggregating to 1.07 lac MT against the previous yearsale of 1.48 lac MT. No Di-ammonium Phosphate was imported due to adverse policy regime.Your Company is gradually strengthening its position in other agri inputs. The sale of pesticides during the yearincreased to Rs. 94 crore from Rs. 74 crore in 2006-07. The Company also marketed varietal seeds of wheat andpaddy worth Rs. 32.19 crore against the previous year sale of Rs. 19.23 crore. In order to maintain the soil healthand balanced fertilization, the Company has sold 8,321 MT of micronutrients.Your Company has an extensive reach of market with 1,275 dealers and 20,800 village level outlets. Your Companyis also in direct touch with over 75,000 farmers under its Customer Relationship Program “Uttam Bandhan”. Thisprogram helps in educating the farmers to improve yields besides building brand equity and launching of newproducts in the market.VI. Material Development in Human Resources/ Industrial Relations front including number of people employeda) Human Resource Development(i)(ii)Training & DevelopmentIt is our endeavour to continuously update the skills of employees and also contribute to their developmentby offering the relevant internal and external training. Internal training programmes were conducted tocover both management and non-management employees across the various functions. The Company hadconducted about 55 In-house Training Programmes to cover its employees and nominated around 33% ofthe employees to the relevant External Training Programmes conducted by reputed Institutes and BusinessSchools. The training included some Soft Skills Programmes and Functional Programmes.BS Degree – Birla Institute of Technology and Science, PilaniAn off-campus partnership programme was initiated with Birla Institute of Technology and Science, Pilaniduring the year 2005-06 leading to 3 year Bachelor of Science Degree. 45 employees have joined thisprogramme for their professional development and career advancement. 1st batch of 15 employees iscompleting their course in June, 2008.(iii) Performance Management SystemKey Result Areas based appraisal system is working satisfactorily. ‘Cost to the Company’ based rewardsystem with a reasonable variable / performance pay component was introduced for all managementemployees in April, 2006 and was effectively monitored and implemented for the year 2007-08 also.b) Manpower Status and RecruitmentThe spurt in the attrition rate of employees continues to be an area of concern all across the manufacturingsector. To respond to this appropriately, the vacant positions in the organization were filled up through internalresources and external recruitments. As a recruitment strategy, entry level engineering and managementcandidates from leading Engineering and Management Schools are regularly recruited either directly or throughcampus selection to fill the gaps wherever internal resources were not available.As on March 31, 2008, the total manpower deployed in fertilizer division was 834. The division continues tohave very cordial industrial relations.BIRLA TEXTILE MILLS - SPINNING DIVISIONI. Industry StructureIndian Textile and Apparel Industry is the single largest industry in India contributing about 14% of Industrialproduction, 15% of total export earnings, 4% of GDP. The Textile Industry employs 84 million people directly andindirectly, which includes a substantial number of people from less privileged sections of society and women. India is44