Introduction

Neo Corp International Limited (NCIL) started as a small woven sack factory in 1988 and
since then it has come a long way to be a large integrated globally acclaimed technical
textiles manufactures. The Company offers products under the Packtech, Agrotech and
Geotech brands and caters to the needs of the agriculture, horticulture, packaging and the
construction and transportation industry. Its divisions include Techtextil, Geotech Worldwide
and Polymer Division. Besides Sacos Indigo Pvt. Ltd., Europlast Limited and Polylogic
International Private Limited are its subsidiaries. Also with its dream and vision of
contributing to the field of education, Synergy Education International Pvt. Ltd. (SEIPL) was
incorporated as an Associate Company of NCIL in the year 2007 and is one of the leading
Educational Companies in Central India now devoted to producing and marketing
educational products for all age groups with special focus on Early Childhood care and
Education (ECCE).

Profile
NCIL, since its inception in 1986, is dedicated in making tailor designed products under
Packtech. NCIL reached the status of a fore-runner internationally as a reliable supplier of
Packtech products. With its current growth initiative, NCIL has entered into other technical
textile segments like Geotech and Agrotech.
NCIL is a Public Limited Company with an equity base of 38.02 million shares. It is listed on
the National & Bombay Stock Exchanges (NSE & BSE) and Bourse de Luxembourg
(Luxembourg Stock Exchange).
NCIL also enjoys a Star Export House status recognized by the Government of India in view
of the Company's excellent Export performance.
As the barriers of the trade have come down, strong market like India has become cynosure
of the industries worldwide. To encash these opportunities, NCIL has endeavoured to reinvent
itself with planned capital investment and management culture. NCIL is renewing its
customer relationship by providing value added solution. Efforts are made to embrace
information technology in the quest of efficient and faster processes throughout the demand

and supply chain. We are also balancing the growth aspiration with social concerns for
sustainable growth and environment friendliness.

Vision
To make positive differences in the lives of our customers, associates, shareholders,
employers and the society at large.

Mission
To create value for stakeholders by manufacturing high quality, efficient and eco-friendly
technical textiles.

Values:
The values are designed to so as to carry out our ethical responsibilities and the Company is
committed to ethical practices across the organization. The value of company reputation
depends upon the ethical conduct of everyone affiliated. Each of the associates sets an
example for each other - as well as other professionals - by our pursuit of excellence with
powerful standards of performance, professionalism, and ethical conduct.
1. Corporate Social Responsibility: Neo Corp considers the interests of society by taking
responsibility for the impact of its activities on customers, suppliers, employees,
shareholders, communities and other stakeholders as well as the environment
2. Equal employment and harassment policy: Neo Corp respects human rights and
values the diverse backgrounds of its employees and work to create an open
atmosphere of trust, honesty and respect. Harassment or discrimination of any kind is
unacceptable.

Strengths:
With more than two decades of reliable catering to the requirement of FIBC's, container liner,
leno bag, geo textile, ground cover, shade nets, hale nets, wind breakers and constructive
cover from fully integrated, clean room 30000 square meter manufacturing facility NCIL has
series of achievements to be proud of. Every achievement leads the NCIL team to strive for
the next orbit, thus acting as a motivation to march forward.

Manufacturing Process:

Granules

Threads

Extrusion
department

Fabric

Weaving
Department

Bags(plasticcoating)

Lamination
Department

Finishing
Department

The process of manufacture of woven sacks, FIBCs, Geo textiles and shade net can be
divided into the following parts:
1. Extrusion: HDPE granules are fed in to the tape extrusion plant whereby the tape of
desired width and dernier is extruded and wound on the bobbins. It is very important that
the tape must be made of the right dernier and width because this is the process which
determines the final quality of the woven sacks.
2. Weaving: The wound tape is taken on the circular weaving machines and a tabular fabric
of desired lay flat width is produced. The fabric is then wound into the roll form, each roll
running up to approximately 1000 metres.
3. Lamination: The tabular fabric is laminated either with LDPE or PP as per requirements.
4. Finishing: The laminated fabric is cut in to the required size for reversing or valve making.
5. Reversing/Valve Making: The cut lengths are then reversed to make the laminated portion
inside or in the case of cement bags valve of desired size is made.
6. Stitching: Cut lengths are then stitched at the bottom to make it in to a bag form and in
case of cement bags the top is also stitched.
7. Printing: Stitched bags are printed as per the customer's specifications and printing matter.
8. Packing and Baling: Bags are counted and packed into bales of 500/1000 bags ready to be
despatched.

Business/Brands:
1. Packtech : Products under this brand includes Flexible Intermediate Bulk
Containers (FIBCs) , PP Woven Sacks and Jumbo Bags
Brand logo:

End Uses:
1. Bags (Sacks) for transport and storage of material in bulk
2. Packaging material for cement, fertilizers and food grains like wheat, rice etc.
3. Temporary containment, Carriage, Storage and protection of Industrial,
Agricultural and other goods.
2. Agrotech : Products under this brand include Shade Nets (Warp Knit Fabric),
Vermibed , Mulch Films, Pond Liners and Mulch Mats
a. Shade Nets (Warp Knit Fabric)
Brand logo:

End Uses:
1. Crop production

(cereals, cotton, tobacco, etc),

through forestry and horticulture (fruits, vegetables, trees and flowers), to

animal and poultry rearing and fishing.
2. Green House

3. Shading Net as to reduce temperature / control environments.

4. Carpet Nets: used in Events & Functions in Flooring.
b. Vermibed: Used for Vermiculture, and it is used in the Agriculture and
Horticultures.
Brand logo:

c. Mulch Films : It
Horticulture,
increases

is

used

in

Agriculture

layered in the farms and it

the

productivity and reduces the

Weeds etc
d. Pond Liners: It is used in the ponds for retaining of the water level and
escape from seepage in the earth.
e. Mulch Mats : It is used in various applications such as landscaping, green
houses, nurseries, shade structures, etc
f. HDPE / PP Ropes : Fishing, Ports, Material Handling, Electricity Boards,
Construction, Industrial Application
Brand logo:

g. Leno Bags: Fruit Packing, Vegetables packing, etc.

3. Geotech: Products under this brand includes geotextiles and Carpet backing.
End Uses: Reinforcement fabric for road construction, canal lines, landfill.

Partner Relationship
Striving to outmanoeuvre competitors these days involves capitalizing on highly effective internal and
external relationships that ensure the business has the capabilities to support its mission and evolving
growth initiatives. Conducting business in the twentyfirst century, therefore, requires forming
partnerships and strategic alliances both internally and externally.
Neo Corp International Limited has a very good relationship with its Subsidiaries and Associates.
It acquired a UK based company Europlast Limited, headquartered in London, UK which is engaged

in sourcing, stocking and distributing technical textiles to the retailers and whole-sellers in Europe.
Due to this they were able to achieve improved results as the value chain is cut across.

Other subsidiaries include:

Sacos Indigo Private Limited

Netflix Infracon Limited
Polybase (HK) Limited
Polylogic International Private Limited.

Supplier Relationship
Every company requires to have raw materials in order to process them to finished goods and
a company like Neo Corp Intl Ltd. Relies heavily on its suppliers for its raw materials i.e.
granules of various kind. Major types of granules used by Neo Corp are UV granules,
Calcium, master batch for colour, HDPE, LDPE, LLDD among others and to obtain these
granules Neo Corp has established a healthy relationship with its suppliers and strives to
make it better and better times ahead. Major suppliers of the company include:
1. Indian Oil Corporation Ltd.
2. Reliance industries.

Challenges Faced:
1. One of the challenges faced by the corporation is the return of shipments. Neo Corp caters
mostly to clients that are located onshore and they had to incur a lot of transportation costs to
ship these packages. Return of shipments due to defects further adds to cost as additional
labour hours has to be employed to ascertain the defects and once ascertained they have to be
produced and transported again. These augment the cost and delay the normal production
process.
2. Store capacity evaluation is another challenge faced as they not sure how much to order
and how much to keep as inventory as they follow the procedure of ordering at the last
minute.