HIC Power Transmission Manufacturer Expands its Operations Wider to Boost Company’s End Year Profits
Most sought after manufacturer of rubber power transmission belts, flexible gear coupling, belt pulley, rubber conveyor belting, rubber hose pipe in India HIC Universal announces to expand operations on a wider scale to boost co.’s supplies profits.
HIC International Co Inc, which is a highly sought after manufacturer of conveyor parts and hydraulic products in India has today set to announce of its intentions to expand operations on a wider scale in a bid to boost the company’s end year profits. The company has in the recent past recorded a tremendous rise in number of customer orders from Russia, Cambodia, Sudan, Canada, Chile, Indonesia, Zambia, Myanmar seeking transmission belting, wedge v-belt, harvester combine belt, mine duty EP conveyor belt, self-align conveyor idler, EPDM rubber sheet, neoprene rubber sheeting, electrical switchboard matting among other products but the profits have not gone to the President’s liking. The management notes that there is still room for improvement and for that very reason they have embarked on implementation of several measures that will facilitate realization of the main goal.
The management has noted that although HIC International Co Inc. has recorded an increase in number of customer orders from USA, India, Tunisia, Egypt, Belgium, Saudi Arabia, Peru, there is still room to boost the end year profits. Several measures have already put in place and others still underway to facilitate the realization of the goal. Experts have concurred with the company’s plans arguing that it has all the necessary ingredients to reach higher levels before the financial year comes to an end. Whether the company will realize its goals in the coming days remains a matter of time.
The expansion process entails a major reorganization of the various aspects of product and service delivery. The company is nearing the completion of the recruitment process it had embarked on in the recent past. This is expected to enhance the firm’s capability to handle demand in conveyor components and hydraulic couplings which has been on the rising trend. Furthermore, the company intends to introduce price cuts for fly ash hose, flanged mud suction hose pipe, pin bush coupling, 3 piece stainless steel ball valve, SS 304 camlock fittings, high pressure needle valve, rock drill rubber hose, insulating mats for electrical purpose, rubber conveyor belt, to make them more affordable. HIC’s customers consisting of shipping industries, iron-ore mines, sponge-iron plants, electrical power plants, oil and gas industries were therefore urged to continue supporting the company as they will eventually benefit from reduced prices.
Experts have echoed the company’s sentiments stating that it has all the necessary ingredients to reach higher levels before the financial year comes to a close. They have gone ahead to advise HIC Universal to maintain the same quality standards it has showcased for years as it will be key in the plan to boost end year profits. For this purpose the company ought to motivate its current team of employees by measures such as review of salary package and introduction of a new training program.
The last two decades that the company has been in operation in manufacturing and exporting belt conveyor rubber belts idlers, power transmission belt pulleys, stainless steel ball valve quick couplings, rubber sheeting has been characterized by various difficulties emanating from strong competition from UK, China, Turkey, Korea, Taiwan, financial constraints and heavy costs of operations. However this has not stalled its efforts to become a top rated rubber products manufacturer of India. However whether HIC Universal will attain its goals in the coming months still remains a matter of time. For more information on rubber products feel free to visit the main site.
For more inquiries, please contact
Mr. Anil Gupta, President
HIC International Co Inc
D-136, Shankar Road,
New Delhi - 110060, India
Phone: +91(0)11 2874 5120, 3296 1400
Fax: 91-11-2874 2791
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