KHAITAN CHEMICALS AND FERTILIZERS LIMITED
CHAIRMAN'S REPORT
It is our strong conviction that the resurgence of the Indian Economy can
be sustained only upon the modernization and revival of the Agricultural
sector.
There is need for consolidation of land holdings, mechanized farming, usage
of certified and hybrid seeds, improved irrigation techniques,
scientifically advised pesticides, interim storage facilities and balanced
use of Fertilizers.
We continue in our commitment to make more and more of Fertilizer (SSP)
available to the Indian farmer.
The expansion from 132000 TPA to 264000 TPA in SSP capacity implemented in
March, 1998 has been fully stabilized and the company after achieving 102%
capacity utilization on expanded capacity, has now undertaken to implement
further increase in capacity.
The Company has already earned the distinction of being the single location
largest producer of SSP in the country.
We have however not stopped dreaming, because we at KCFL believe that .
"Goals are dreams with a timetable and an implementation plan".
Shailesh Khaitan,
Chairman & Managing Director