SRF Ltd has informed that Dr. Omkar Goswami, Director has resigned from the Board of Directors of the Company with effect from July 20, 2007.
Leverage potentially the large size of the Indian Market and continue to be a leader in the domestic market in its chosen businesses
Businesses shifting to low cost locations - Tyre cord fabrics, belting fabrics, coated fabrics, fluorine chemicals, fishnet twines, polyester films
Outsourcing to low cost regions - contract research, custom manufacture etc.
In most of SRF businesses, competitiveness is shifting from developed world to newly developed Asian economies (Korea, Taiwan, ASEAN) as well as India and China.