Discover and read the best of Twitter Threads about #Safariindustries

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1/14: Are you curious to know about Safari Industries (India) Ltd - a leading luggage manufacturer in India? Follow this thread for an in-depth analysis of their business, company profile, and SWOT analysis. #SafariIndustries #IndianLuggage #BusinessAnalysis
2/14: Business: Safari Industries (India) Ltd is known for its diverse range of luggage products, including suitcases, travel bags, backpacks, and business bags. They have a pan-India presence and export products to over 50 countries. #SafariIndustries #IndianLuggage
3/14: Company Profile: Founded in 1974, Safari Industries (India) Ltd is headquartered in Mumbai, India. They have a strong brand image and a wide distribution network, including 18 exclusive showrooms and over 1,500 retail stores across India. #SafariIndustries #IndianLuggage
Read 15 tweets
Indian Luggage Sector
Safari Industries

#Safariindustries
#TechnoFunda
#Fibonalysis

Safari Industries FY19-20 AR is a good read compared to VIP Industries.

Company is also planning to Diversify in other segments of business in line with VIP Industries.

Few key points:
1/n
(1) To attract the foreign investments and to make more space for the FPIs/ FIIs to invest in the equity share capital of the Company, it is proposed to enhance the investment limits of FPIs/ FIIs in the Company upto 49% of the paid-up equity share capital of the Company.
2/n
(2) In order to meet with pace of changing business environment and needs, the Company proposed to enlarge its scope of operations. Accordingly, the Object Clause of the MoA Clause III A (2) shall be altered in order to cover wide range of business activities therein.
Read 24 tweets

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