COMPANY PROFILE SAKTHI & CO Sakthi & Co traces its root back to 1990, with its first step

in producing furniture using high quality steel and later step by step in to dealing with wooden furniture. At present it has its registered office at Thirumullaivoyil industrial estate and units at southern India, mainly Bangalore , Coimbatore, and Dindugul. At present it is planning to expand our business outside India by entering in to 50:50 joint venture with global giants like Taiwan wooden manufacturing company limited. Its main theme in business is to satisfy customer by providing low rate furniture with best quality. And we find loyalty in their work. Product which they involve in their business is home and office furniture , and work which they do is manufacturing, which include both steel and wooden furniture products. At present it has payroll strength of nearly 100 in numbers. It procures high quality raw material from different parts of India like Delhi, Bangalore, Coimbatore, Rajapalayam, Nagpur, Delhi etc, and high quality pre-laminated sheets outside India from countries like Bhutan, China. Its main strength and ability lies in its manufacturing output and prompt delivery of its products to its sales depots and godowns across the country in stipulated time frame. At present the company produces more than 30 different kinds of furniture product of world class quality. It uses labour intensive capital which helps in providing employment to many people. Finally company finds more profit in retail sector and now it try to establish retail market in the name Sakthi furn world.

We recently completed our monthly survey of residential furniture manufacturers and distributors. As we expected, the results for April to April comparisons were quite different due to the significant difference in High Point market dates. The April 2010 market dates were April 17 through the 22nd while April 2011 dates were the 2nd through the 7th. The dates allowed more market and after market orders to be recorded in April 2011 versus April 2010. With that in mind, April orders were 16 percent higher than April 2010. March 2011 orders were 13 percent higher than March 2010 so the increase in orders in April may not have been all market related. Approximately 63 percent of the participants reported increased orders in April, with several reporting significant double digit growth in orders. Year-to-date, orders are now up 7 percent through April 2011. Last year at this time, new orders were up 10 percent for the first four months, so the 7 percent increase is compared to pretty good results for the same period a year ago. Some 71 percent of the participants are now reporting increases in orders for the four months, up from 51 percent reporting increased orders last month.