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Tough times never last but tough people do - is a saying which best fits Petron Engineering Construction Ltd. (PECL), which despite the most severe global crisis of the last seven decades, has emerged little hurt.
After nine - months of sluggish industrial activity, growth is coming back on stream. From the last quarter of fiscal 2009-10, engineering projects are coming back on track and India is once again aspiring to touch double-digit GDP growth over the next few years.
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The crisis may be behind us but its learnings will stay with us for many more years to come. The optimum utilization of resources, time management, best use of human resource, cost optimization have now become the axioms of our corporate practice. This will ensure that we make the most, for our clients, our shareholders and our employees in the coming years of fast economic growth.
After becoming a part of the internationally renowned KazStroyService Ltd, UK two years back, we have achieved a global muscle and vision.
The focus is now three-pronged - growing our order book, expanding our bottom line and also executing quality work with cost optimization.
In our new plan of growth, we would follow modem practices of design-engineering, procurement and construction to become one of the global EPC organization.
We would also keep our constant emphasis on health, safety and environmental practice within the company.
As we now have a global identity, we will continue to make substantial investments in strengthening our equipment inventory. Your company has lined up adequate investment over the coming years to arming our fleet of people with the most sophisticated equipment which includes Mobile Crane, Crawler Cranes, Hydraulic Jacks and so on. I'm sure the spirit with which we take our every step will soon catapult us as one of the most respected engineering companies in the world. I call upon all of you to join me in the fantastic journey of growth and profitability.
Best Wishes
T. S. Das
Managing Director
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