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Dollar India maintained supply-demand ratio despite restrictions: MD

The ongoing pandemic has disrupted the economy, but according to Managing Director Vinod Kumar Gupta, India’s leading company in hosiery and knitwear, Dollar Industries, has the right balance between employee safety and efficiency. I was able to take. Although there are limits, we were able to overcome the hurdles and maintain the supply-demand ratio.

“This year, reopening and reassessment was everything. Renewing our brand identity helped strengthen our digital and e-commerce presence and reach a larger consumer base,” Gupta said. He told his old shareholders.NS Wednesday’s annual meeting.

Gupta shared his thoughts on the future and said: “As the global economy fights the negative effects of a pandemic, companies and companies around the world are making brave business decisions every day. Now is the time for companies to think and adapt creatively. It takes time for us to revisit traditional procedures and traditional procedures and implement new processes and programs to sustain and grow our business. “

During the period of AGM, shareholders approved all resolutions, including the adoption of the company’s audited financial statements for 2020-21 and the approval of the final dividend of Rs. 2.40 per share. The deadline for the final dividend was July 21, 2021.

That year, Dollar Industries focused on its 360-degree communication strategy and drew a lot of attention with the launch of the new Bigboss, Missy, and Ultra TVCs. As a responsible company, the dollar has always focused on renewable and environmentally friendly practices. Focusing on the “green mission”, the company has installed a 4 MW solar power plant in the Tilpur unit and has an annual power generation capacity of 750,000 rupees.

In addition, under the CSR Division “Dollar Foundation,” we have successfully started various CSR activities focusing on contributing to society. The company has partnered with DMRA to set up 22 water kiosks to provide thousands of commuters with clean and safe drinking water. As part of the ongoing #BeFreeBeYou initiative, the company distributed 2,000 packets of sanitary napkins to women living in slums to educate them on sanitary products and the myths surrounding them.

Going forward, Dollar Industries Limited aims to expand its product portfolio to enhance the consumer experience.

Fiber2Fashion News Desk (KD)

The ongoing pandemic has disrupted the economy, but according to Managing Director Vinod Kumar Gupta, India’s leading company in hosiery and knitwear, Dollar Industries, has the right balance between employee safety and efficiency. I was able to take. Although there are limits, we were able to overcome the hurdles and maintain the supply-demand ratio.



Dollar India maintained supply-demand ratio despite restrictions: MD

Source link Dollar India maintained supply-demand ratio despite restrictions: MD

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