Indian Trade which was under the British Raj till the late 40's was used to monoply. Similarly the cotton yarn market was controlled by a group of traders who determined the cotton yarn industry of India. It was in this period that gave birth to PLR group which was the brain child of a young man Mr P.R.Prabhakar who belonged to a conservative family of yarn traders.
He was one of the first people to venture overseas & begin yarn exports for India. In the late 60's & early 70's, Textile yarn manufacturing was a Licensed Industry in India. The supply was limited hence overseas markets were not of interest as the demand could not be met by the local manufacturers & exports were generally done through tenders. PLR had booked most of its export orders by these tenders which were to countries like Sri-Lanka, Bangladesh, Burma & East European Countries.
Durning the early 80's liberalization of the cotton yard industry was seen & export of yarn become free. PLR became a major player in the international machete. Over the last decade the company has built up excellent relationship with buyers in various countries all over the world.
FIGURES OF GROUPNo of Units : 2 Spindlage : 54,000 Annual sales : US$15 million (manufacturing) US$35 million (trading) PLR Family : 1400 Annual production : 3.84 million Kgs
Finally any successful organization needs a good management team. PLR has senior people in all the various departments along with a powerful board to manage the gorup. A few key people who run this organization.
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