Dear fellow shareholders,
It is with great pride and optimism that I address you today, at a
pivotal time in our company's journey. Gloster stands at the confluence of rich
legacy and exciting transformation and I'm honoured to share this moment of
reflection and forward momentum with all of you.
Over the decades, we have stood as a beacon in the jute industry,
earning the trust of global markets by staying true to our core values quality,
sustainability, and innovation. Our success, however, has never been by chance. It has
been shaped by generations of commitment, the hard work of our people, and a deep-rooted
belief in the future of the Golden Fibre.
Fresh Leadership
With the induction of fresh management talent, we are infusing new
energy, contemporary thinking and a renewed sense of purpose into our operations. These
young and dynamic leaders join a legacy of strong governance and experienced oversight
a balance that will be key as we script the next phase of growth. It's a step
forward, driven by purpose, powered by people, and committed to building a better, more
sustainable tomorrow.
The mandate is clear: to uphold our legacy while driving us toward
modernization, efficiency, and global competitiveness. With digital tools, data-driven
strategies, and a sharp customer focus, I believe we will navigate the evolving market
dynamics with agility and purpose.
A Sustainable Vision
We operate in a world that is increasingly demanding environmentally
responsible practices and rightly so. Jute, by its very nature, offers sustainable
alternatives to synthetic materials. It is our responsibility, and indeed our opportunity,
to champion this fibre as a future-ready solution for global environmental challenges.
From eco-smart packaging to advanced geo-textiles, we are pushing the
boundaries. Our R&D and innovation teams continue to explore new applications that add
value both economically and ecologically to our offerings.
People First, Always
At the heart of everything we do are our people. From the boardroom to
the shopfloor, every individual is part of the Gloster story. Our focus remains on
creating a safe, inclusive and empowering workplace that nurtures talent and rewards
commitment.
We are also expanding our CSR efforts to ensure that our growth is
matched by our contribution to the communities around us. Education, health, and
livelihood enhancement especially in rural areas remain our priorities.
Looking Ahead
As we step into the future, we do so with humility for how far
we've come and ambition for what lies ahead. The jute industry is poised for
resurgence, and Gloster is ready to lead from the front. By combining tradition with
transformation, purpose with profit, and innovation with integrity, we will continue to
elevate the Golden Fibre to new heights on the global stage.
In closing, I extend my deepest gratitude to our shareholders,
partners, employees, and customers. Your trust, support, and belief in our vision are the
pillars on which our future will be built.
Let us move forward in the renewed era of purpose-driven growth,
embracing change, and creating value for all stakeholders.
Thank you.
Shri Hemant Bangur,
Executive Chairman,
Gloster Limited