This year all across our country we have had plentiful rainfall and in some areas more than needed causing misery and hardship to the residents. Anyway we can hope that agriculture sector picks up which in turn will boost industrial and FMCG demand and translate in upswing in business for our industry too. Several sectors of the industry have been witnessing a stagnation or negative growth over this year and which has led to glut in our industry too. Coupled with relatively lower kraft paper prices, the competition in our business has only intensified. We are also hearing of newer auto plants with large capacities and relatively lower manpower requirements coming up. These will only eat into the existing business and definitely the existing units that are inefficient will become unviable and have to shut shop. This is the time we need to actually upgrade ourselves technically and become more and more efficient to meet these upcoming challenges.
At FCBM, we cannot give you business, but we can work to improve your knowledge of best business practices, technical advances taking place in production lines and impart you with management techniques which we hope will help to improve your bottom lines and help you to flourish and grow even in competitive phase of the economy.
It gives me great pride to inform our members that after the tremendous response to Level One of the Certificate Course all across the country, we have commenced the Level Two.
The first Level Two Course was held at Bengaluru last month. I wish that just as our members benefitted from the Level One course, an even larger number of members will benefit from the Level Two Course.
All our subcommittees are doing tremendous work in their respective spheres and it gives me great pride to witness the benefit it is bringing to the Federation.
I also wish to join all our members in welcoming the newest entrant into our Federation - The Punjab Corrugated Box Manufacturers Association, (PCBMA). They were formally inducted at the recently concluded FCBM MC meeting at Goa. I am sure they will bring new energy and ideas into our federation. I look forward to their whole hearted participation in all activities of the Federation.
I look forward to seeing you all at our flagship - event the FCBM Annual Conference being hosted by RCBMA at Jaipur this year.
As usual we hope to have a healthy blend of knowledge and fellowship in a family atmosphere at Jaipur.