Editorial

2nd March 2009

Q4 of 2008-09 is here before we know it. The dreaded quarter is even deadlier this year where people with hair as white as milk are telling me "Raghu, this is the worst times I have seen in mu "x" years of life!". That gives it a scare face. The words of recession, subprime, pink slips, tax sops, loan defaults are one of the most common words in everyones vocabulory so much so that I believe there is some school who is planning to teach children like:

A for Acquisitions

B for Balance sheet
C for Cuts (budget and pay cuts)

D for Dogs (at least this word is common... but in the context "gone to dogs!")

Scary indeed! But there is definitely light at the end of the tunnel wherein good companies have spent this time to tighten belts and to improve processes. Also a friend mentioned to me that the  title of our newsletter "LIFTING TIMES" is ironic consiering the times we are operating in! I smirked to (like all wise men do) and then told him it was irony intended! We wish to pray for the liftment of all. And if its in one of Nandan's lifts, even better!

In this episode we introduce some new products used in parking as well as stackers used in plant material handling. We believe that that introduction of safety equipment inplant is a much needed measure in these difficult times in order to minimise lossed due to injury, missing of work, legal liability and labour trouble. We all have our hands full with issues to hear that one of the workers fell while working on a 20 feet height using a ladder!

We also round up the news in aviation from this month and also some more product updates.

I wish all our well wishers and friends a great march month and hope thisis the month where the slump begins to unslump!

Also wish for you to send me your feedback, critiques, and also if you want an article to be feaured on Lifting times, you are most welcome!