Magnum Ventures Limited

Description

Magnum Ventures Limited was founded in the year 1980. The company is one of the Largest Writing & Printing paper and Duplex Board manufacturer in Northern India. Paper Industry has an important social role to play for the country. The role of paper in contemporary society cannot be undervalued. Yet this cannot be done at the cost of the environment. At Magnum Ventures we have the utmost regard for the environment. It is because of this we use waste paper as our main raw material for our four manufacturing lines. This is used for manufacturing both Writing & Printing Paper and Duplex Boards. Our paper is available throughout India and is used printing of textbooks and notebooks. Duplex board manufactured by the Company has industrial uses and is extensively used by the packaging industry.

Your company is a part of Indian paper Industry that has a growth rate of 6-7% per annum. India accounts for a little over 1% of the world’s paper demand. However, projected growth rates in India (6%-7%) are among the highest in the world.

Over the last few years, there has been a significant improvement in quality due to modernization programme was undertaken by paper companies. These programmes have also reduced the cost of production. The figures pertaining to demand and supply of paper vary by source. Experts have estimated domestic demand of paper, paperboard and newsprint have been 6.9 million tons by 2010 and 10.9 million tons by the years 2015-16. The key demand drivers are the overall economic growth, rising literacy levels in the country and increasing penetration of books and periodicals in the country. All these factors are bolstering the demand for paper.

The secret of the success of your company is the dynamic vision of its founder chairman Mr. S. C. Jain. Mr. Jain is a pioneer of the paper industry in India and has over Three decades of experience in the paper industry and trade. His vast experience enables him to have a good hand on the pulse of the Industry. This has enabled him to guide your company to the glorious stage it is in today. Our company does not do more business, more importantly, we develop relations. Our firm belief is customer’s satisfaction. Because of this approach, our Company has increased its family of satisfied members manifold.

I join my all colleagues in your company to rededicate our commitment for surging ahead and coping with the challenges of future and in discharging responsibilities towards shareholders, Government and Society at Large.
We all come forward for a literate, prosperous, happy and strong nation. All the best Wishes to all.Looking forward to your continued patronage.