New Lines of Business

    With a view to diversify its commercial operations in the changed economic scenario, the Federation has been exploring possibilities of adding new lines of business:

-          Distribution of Select items of daily use by the masses alongwith major PDS items in four States viz. Maharashtra, Gujarat, Rajasthan and West Bengal (Two Districts in each State as a Pilot Project).

-          Development of Housing Projects in Kolkata being  undertaken by the Federation on the land allotted by the Govt. of West Bengal is still in progress which is expected to be completed by March, 2010.

-          Lifting and distribution of Iron Ore Fines in Jharkhand.

-         Distribution of Eggs to the School Children under Mid-day Meal Scheme and Arhar Dal under supplementary Nutrition Programme/Emergency Feeding Programme   in the State of Orissa.

-          Supply of Sanitary Items in the rural areas in the State of Andhra Pradesh under Total Sanitation Programme launched by the A.P. Government.

-          Supply of agri inputs like pesticides, insecticides, bio-fertilizers, micro nutrients, seeds to the Government Agencies.

-           Revival of functioning of Super Bazar under Joint Venture with M/s. Pantaloon Retail (India) Ltd.

-           The Federation has also made attempts to enter into the following new lines of business:-

-         Medical Tourism

-         Undertaking sale of Liquor.

Setting up of Consumer Industries in joint  venture

-           Agri related infrastructure projects like Modern Terminal Markets, Megha Food Parks, Integrated Agri Biotech Park with the permitted financial assistance of APEDA.

-           Pack House/Perishable Cargo Complex at Airports in Gujarat and Madhya Pradesh with the permitted financial assistance of APEDA.

Other Infrastructure/Service:

-           Construction of smaller houses in few States for the benefit of the economically weaker section of the society.

-           Revival of Sindri Fertilizer Plant (already closed down) by bringing optimum technology for Coal Gasification.

Strategies to improve the Business

When changes are taking place all around and challenges posed by various sectors  affecting business environment  to gain maximum amount of market share by  particular institution / enterprise, it is necessary for every commercial organization to adopt an approach to ensure improvement in the present business in order to compete  with others so as to attain  the desired results.  The Federation has also given serious thought to the present economic scenario particularly consumer / retail trade  and to plan its strategy  for  its future development  / growth .  The following strategies are proposed to be adopted to improve the business of the Federation in the years to come :

-           Influx of professional and willing officials.

-           Involvement of the local members in promotion of business.

-           Introduce modern system and latest business applications to manage effectively and also make awareness on future potentials.

-           A network of Institutions be developed to monitor the development and to take corrective measures.

-           Re-introducing Voluntary Retirement Scheme.