All of which goes to prove that if one has the right size, right product, right quality and right price, then most challenges can be surmounted.
We will consolidate operations this year and enhance efficiencies and endeavor to surpass expectations. In the course of last year, we also foot printed the real estate sector and expect to generate reasonable returns from this sector in the current fiscal.”
Alok's Phase III and IV projects are progressing satisfactorily while its joint venture with the National Textile Corporation for two mills in Mumbai and Aurangabad is making satisfactory headway.
Alok's real estate ventures are moving smoothly and its financing plans are also nearing completion with its merchant bankers hopeful of clinching a major deal shortly.