moneycontrol.com: December 07, 2007
Shri B H Jain, Founder-Chairman of Jain Irrigation Systems Limited, has been conferred upon the prestigious UNESCO & West-Net instituted award as the "Water Conserver of India". This is taking into account yeomen service to the cause of water conservation.
Jain Irrigation is pioneer in micro irrigation and sprinkler irrigation systems in India which is a viable alternative to the conventional irrigation methods.
This award has been presented by the Hon'ble Union Minister of Water Resources, Prof. Saif-Ud-Din Soz at a glittering function held in New Delhi on 29th November 2007 at the Jaypee Vasant Continental, Vasant Vihar, New Delhi. The function was attended by eminent delegates from the World Bank, UNICEF, UNESCO, Central Water Commission and TERI apart from the Industry and Press.
Till date, the Company has received 46 State Awards, 85 National Awards and 3 International Awards for outstanding export performance, R&D achievements and entrepreneurship, Fair Trade Practices Etc. The internationally prestigious "Crawford Reid Memorial" Award instituted by Irrigation Association, USA was conferred on the Chairman Shri. B.H. Jain for "Significant Contribution to the Irrigation Industry outside the United States".
The Company employs more than 4,200 people directly and several hundreds indirectly. The company operates through branches and depots practically in all the States besides overseas subsidiaries for supporting and developing Export business. The Company has an outstanding track record in successfully developing Micro Irrigation Systems and Sprinkler Irrigation Systems as an alternative to the conventional irrigation methods. Besides, the Company makes PVC Pipes for Irrigation; PE Pipes for gas and water distribution and ducts for Optical fiber cables. PVC & Polycarbonate Sheet for exports; Fruit Pulp & Puree Dehydrated and Onion & vegetables for exports.
Company has modern manufacturing facilities located in India at Jalgaon, Maharashtra, Hyderabad (Andhra Pradesh), Baroda (Gujarat) and Udumalpet (Tamilnadu).
The company has recently acquired Companies in USA & Israel in its core line of business as part of strategy to become one of the top 3 global players. At present, Company has 13 plants outside India i.e. USA, Israel, Chile, Brazil, Spain & Australia
The Company has an extensive Research & Development [R&D] farm and training & development center spread over nearly 1,000 acres of farm at Jalgaon & similar facility near Coimbatore, Tamil Nadu. This center has extensive development laboratories and is engaged in pioneering efforts in developing tissue culture plants for Banana, Sugarcane etc. The Company's turnover for the last year ended on 31.03.2007 was Rs.1,267 crores and is currently expecting to accomplish a more than 45% growth in the current year with a turnover of Rs.1,850 crores, including Rs.515 crores of export turnover from India.
The Company's customers included some of the top MNC's like Coco-cola, Pepsi, Nestle, Gilroy Foods etc. besides Indian large customers like HLL, Reliance, L&T, BSNL, Bharati Telecom etc. The Company had established its leadership in almost all the businesses it is engaged in and the list of satisfied customers are even increasing.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.