Mogul has focused on industrial applications since beginning. We always tried to diversify our product portfolio and broaden our product offerings. You can name only few mid size companies like us which have such wide range of product technologies and products. We always followed developments in equipment and raw material, additive, chemical industries and applied these in our business. We have been innovative and developed some unique products like Mhv Fluorescent Nonwoven, Asterion pulp added melt blown and luminous and odoured fabrics. We always participated in important nonwoven exhibitions and keep our presence high in marketplace.

We are going through difficult times. Financial crisis affecting business globally and we observe a decline in demand in all markets. This crisis is also forming a new world order and reshaping the business models. People are more looking for cost effective solutions and demand is becoming more instant i.e companies are ordering when they need something so you need to be flexible with amounts and delivery times to meet these demands. We believe starting from 2010 markets will get better and companies that can adapt to this new trend will survive and grow.

Geographically tough still; North America and Europe will continue to be the major markets, growth is more seen in Far East (China mainly), India, Russia, some parts of South America. So, with slowing growth rates western countries are slowing in demand but aging population in these countries shall be creating new markets and demand. We see significant growth in emerging countries and we observe the move of world center from west to east as it was in former times.