CO-FOUNDER AND PROMOTER. 2-MR. SHARAD PAREKH MANAGING DIRECTOR. 3-MR. HITEN PAREKH JOINT MANAGING DIRECTOR AND PROMOTER. 4-MR. MANISH PAREKH PRESIDENT AND EXECUTIVE DIRECTOR(FURNITURE). 5-MR. NAYAN PAREKH EXECUTIVE DIRECTOR(MATERIAL HANDLING). .. Nilkamal Limited is a plastic products manufacturer based in Mumbai, India. It is the world's largest manufacturer of moulded furniture and Asia's largest processor of plastic moulded products.Their product range consists mainly of custom plastic mouldings, plastic furniture, crates and containers. The company also has a chain of retail stores under the @home brand. Nilkamal was incorporated on 5 December 1985 as Creamer Plastic. The company changed its name to Nilkamal Plastic on 23 August 1990. The company has manufacturing facilities in Noida, Pondicherry, Barjora, Sinnar, Nashik and Silvassa. The company also has joint manufacturing ventures in Bangladesh (Nilkamal Padma Plastics) and Sri Lanka (Nilkamal Eswaran Plastics). In 2011, the company also began production of mattresses with manufacturing units in Hosur and Dankuni. 2009:@home division grabs the award-retailer of the year under the home products and office improvement category by Asia Retail congress. 2010:the molded plastic furniture business of Nilkamal awarded “Top Exporter of Plastic Furniture” for the year 2008-09 by the plastic export promotion council and it has been accorded the status of “Star Export House”by the ministry of Commerce and Industry. NILKAMAL LTD
Type Public Limited Company
Traded as BSE: 523385 NSE: NILKAMAL Industry Furniture Genre Plastics At-home Store Founded 1981 Founders Vaman Parekh & Sharad Parekh Headquarters Mumbai, India Headquarters Mumbai, Maharashtra Parent Nilkamal , India organization Plastics Revenue ₹21.9 billion(US$320 million) Website www.at- Website www.nilkamal.com home.co.in Brand name recognition is the main first-mover advantage. Not only does it engender loyalty among existing customers, but it also draws new customers to a company's product, even after other companies have entered the market. Brand name recognition also positions companies to diversify offerings and services. Examples of dominant brand name recognition of a first mover include soft drink colossus Coca-Cola (NYSE: KO), auto-additive giant STP (NYSE: ENR), and boxed-cereal titan Kellogg (NYSE: K). Economies of scale, particularly those regarding manufacturing or technology-based products, is a massive advantage for first movers. The first mover in an industry has a longer learning curve, which frequently enables it to establish a more cost-efficient means of producing or delivering a product before it competes with other businesses. Switching costs let a first mover build a strong business foundation. Once a customer has purchased the first mover's product, switching to a rival product may be cost prohibitive. For example, a company using the Windows operating system likely would not change to another operating system, because of the costs associated with retraining employees, among other costs. Nilkamal is also listed on the National Stock Exchange and Bombay Stock Exchange since 1991. Maintaining leadership in its market segments through a keen focus on quality, its core values, hard work and meeting dynamic market demands is a basic tenet driving the Company.And in this endeavour, Nilkamal has constantly evolved to create a distinct position for itself. It aims to create as many touchpoints as possible so as to give customers the opportunity to make most of its product and service proposition. With a robust digital platform, customers can now gain access to Nilkamal products sitting in almost any corner of the country. All Nilkamal manufacturing units are ISO certified across various levels along with BIFMA – Level 3 and Greenguard (UK Cert). Nilkamal’s association with Furniture needs no introduction. Nilkamal is the world’s largest manufacturer of moulded furniture and Asia’s largest processor of plastic moulded products. This expertise has been extended for our range of Ready Furniture too, to enhance the quality and style of your sheen interiors. Nilkamal has eternally been a part of Indian home’s interiors knowingly or unknowingly taking space in the form of may be a simple plastic chair in your living room or an entire furniture set in your bedrooms, making it India’s favourite furniture brand. As a Company, Nilkamal upholds the quality factor of its products at the highest pedestal. This has resulted in Nilkamal being an undisputed leader in moulded plastic market. The Company has extended this expertise for Nilkamal’s range of Ready Furniture too, to add both emotion and charm to your sheen interiors. DIVISIONAL HEADQUARTERS: Virginia House,37 J.L.Nehru Road, Kolkata 700 071. ADDRESS: ITC Limited, 2 Lee Road, 1st & 2nd Floor, Kolkata Tel-22472281-5(District Office), Tel-22836634-38(Branch Office). 1- MR.SANJIV PURI. CHAIRMAN AND M.D. 2- MR.NAKUL ANAND. EXECUTIVE DIRECTOR. 3- MR.SUMANT BHARGAVAN. EXECUTIVE DIRECTOR. 4- MR R.TANDON. EXECUTIVE DIRECTOR AND CFO. 5- MR.CHITRANDAN DAR. QUALITY ASSUARANCE LSTC,CPO AND EHS. 6- MR.S SIVAKUMAR. AGRI AND IT BUISNESSES. 7- MR.SANJAY SINGH. PAPER BOARDS ,PAPER AND PACKAGING BUISNESSES. "ITC Limited" was incorporated under the name 'Imperial Tobacco' which was later renamed as 'Imperial Tobacco Company of India Limited', succeeding W.D. & H.O. Wills on 24 August 1910 as a British-owned company registered in Calcutta. Since the company was largely based on agricultural resource, it ventured into partnerships in 1911 with farmers of southern part of India for sourcing leaf tobacco. Under the company's umbrella, the 'Indian Leaf Tobacco Development Company Limited' was formed in Guntur district of Andhra Pradesh in 1912. The first cigarette factory of the company was set up in 1913 at Bangalore. In 1918, leaf-buying points were created in southern India. ITC's cigarette factory at Munger was equipped with printing facility in 1925, paving way for its first non-tobacco business. Though the first six decades of the Company's existence were primarily devoted to the growth and consolidation of the cigarettes and leaf- tobacco businesses, ITC's packaging & printing business was set up in 1925 as a strategic backward integration for ITC's cigarettes business. It is today India's most sophisticated packaging house.[7] More factories were set up in the following years for cigarette manufacturing across India. In 1928, construction began for the company's headquarters, the 'Virginia House' at Calcutta. ITC acquired Carreras Tobacco Company's factory at Kidderpore in 1935 to further strengthen its presence. ITC helped to set up indigenous cigarette tissue-paper- making plant in 1946 to significantly reduce the import costs and a factory for printing and packaging was set up at Madras in 1949. The Company acquired the manufacturing business of Tobacco Manufacturers (India) Limited and the complementary lithographic printing business of Printers (India) Limited in 1953. Imperial Tobacco Company of Formerly India Limited (1910–1970) India Tobacco Company Limited(1970–1974) I.T.C. Limited(1974–2001) Type Public Traded as BSE: 500875 NSE: ITC BSE SENSEX Constituent CNX Nifty Constituent Industry Conglomerate Predecessor W.D. & H.O. Wills Founded 24 August 1910 Headquarters Virginia House, Kolkata, West Bengal, India Area served •Indian Subcontinent •Gulf Countries Acknowledged as a global exemplar in sustainability, ITC is the only enterprise in the world, of comparable dimensions to be carbon-positive, water-positive, and solid waste recycling positive. A testimony to its commitment to a low carbon growth path - over 41% of the total energy requirements of ITC is met from renewable sources. All ITC's premium luxury hotels are LEED (Leadership in Energy and Environmental Design) Platinum certified making it the "greenest luxury hotel chain" in the world. ITC's Paperboards and Paper business is an icon of environmental stewardship. ITC's production facilities and hotels have won numerous national and international awards for quality, productivity, safety and environment management systems. ITC was the first company in India to voluntarily seek a corporate governance rating. The Company continuously endeavours to enhance its wealth generating capabilities in a globalising environment to consistently reward more than 9,00,000 shareholders, fulfill the aspirations of its stakeholders and meet societal expectations. ITC constantly endeavours to benchmark its products, services and processes to global standards. The Company's pursuit of excellence has earned it national and international honours. ITC is one of the eight Indian companies to figure in Forbes A- List for 2004, featuring 400 of "the world's best big companies". Forbes has also named ITC among Asia's'Fab 50' and the World's Most Reputable Companies. ITC promoting their brands through advertisement campaign as well as door to door promotion. ITC is also focusing on Retailers and Wholesalers to promote their brand. The demand of their product in very low, because people don’t know about their brands very well. ITC knows their strength and weakness in the personal care and market , so they are applying new concept to overcome their weaknesses. ITC now offering more margins, exciting offers and long credits period to retailers and wholesalers.