V Guard Synopsis
V Guard Synopsis
V Guard Synopsis
COMPANY PROFILE V-Guard Industries Ltd. (VGIL), founded in 1977 was promoted by Mr Kochouseph Chittilappilly. In November 15, 2001 the Company was converted into a private limited company and again got converted into a public limited company on August 1, 2007. The company mainly operates in three divisions,
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SWOT ANALYSIS STRENGTH 1. 2. 4. 5. Companys presence in the industry for around three decades. Strong dealer network. Research and developmental capabilities. Competent human resources.
WEAKNESS 1. 2. High dependence on south Indian market for products. Excessive dependence on copper as it is the primary raw material for cable business segment of V-Guard. 3. Seasonal demand for the products.
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THREAT 1. 2. 3. Huge presence of unorganized market Volatility of raw material prices Economic slowdown.
CONCLUSION V guard industries are the major company of producing consumer durables and also a company having high goodwill. Now the company is running successfully. The earnest effort of the management and the willing cooperation of the workers put it on track successfully. Now the company is really in the developed stage and is also moving ahead to import its products. The company is strived to achieve an established position and reputation through its various marketing strategies. The dedicated corporate social responsibility that the company has towards the society and the employees makes V-guard to have a good brand image. The company is also working hard to achieve its vision let us endeavour to make V-Guard a trusted household name and as per their effort put on it will achieve its vision one day.
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