Mr. Ravi Rishi, Chairman, Vectra Group
2011 was a tumultuous year globally, but the Vectra Group was able to exploit a number of strategic opportunities successfully, which led to the Group expanding: Vectra acquired an oil field in Georgia, built industrial sheds in Greater Noida and launched Cosmos Aviation in Sri Lanka. 2012, however, will be a year for consolidation, cost rationalization and focus on the bottom line, across all the Group companies, not just over the year or the month but week by week. This will require the contribution of every member of the Vectra family.
The Vectra Group, amongst the core objectives for this year, aims to increase production of their oil field from 20 barrels to 200 barrels of oil per day, and also increase the helicopter fleet to service the anticipated demand in the Indian market.
I would like to thank all the Vectors for their continued valuable contribution and wish you and your families Happy New Year.