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Company Profile:
The Dindigul Lock Workers Industrial Co-operative Society established in the
year 1957 is working profitably as a pioneer lock producing unit in the
co-operative sector.
This Industrial Co-operative Society with a strong infrastructural base
with full support of the Government of Tamil Nadu has proved itself for the last four
decades of challenge posed by lower-end Aligarh Locks and higher end Godrej
Locks.The society has accounted 90% of the security needs of
Government Departments,Public sector undertaking, Railways etc in Tamil Nadu worth
around Rs.20 lakhs per year. It has instilled confidence among all sectors of
the customers both public and private with regard to quality.
The Society is marching towards modernity while keeping the artisan skill and
enviable craftsmanship to produce the unique style of Dindigul locks competitive
,offering new vistas for gainful employment and fillip to the rural artisans. It
is proceeding cautiously to implement the modernisation
scheme at a total outlay of Rs.28.50 lahks,sanctioned under part II scheme
98-99 in a phased manner.
Investment by Government through state participation in the share capital
structure has provided worth that the society is reflecting positive performance
indicators and declared dividend of 14% continuously for the past 10 years.
The society has declared and remitted Rs.88,520 /- at 14% for the year 98-99
towards the Government share capital of Rs.11.20 lakhs.
The present output of all locks produced by the society annually is 18
lakhs and our target is to double the production and sales to
about 30 lakhs in the year 2001 and 36 lakhs in the year 2002 respectively on implementation of
the modernisation scheme.
Renovation of artisan skill by training and modernisation of the production
process through installation of machineries is the basic survival and growth
strategy adopted by the society to face the challenge in the new millennium.
About Our customers: Our Customers' range ascends from the common man to a Global Company of
international repute,Government and Public sector undertakings. A few of the customers worth mentioning are: a.Southern Railway-Cabinet Locks b.Cater Pillar India-Pad Locks for Tool box
c.Tiger Lion Imports-Special Export Locks -Sydney Australia.
Marketing system: We, at present adopt the following marketing systems:
1.Direct retailing and whole sales through sales centre at Dindigul and Madurai.
2.Tamil Nadu Small Industries Corporation Ltd., SIDCO., Tamil Nadu as the marketing agency for India and abroad.
3.SIRPI-(Tamil Nadu Handicraft Service Industrial Co-operative Society), Spencer
Plaza, Chennai-exhibitors and distributors for special type of locks.
4.ICMT,UNIDO-(United Nations Organization for Industrial Development),Bangalore has offered
sponsorship for participation in National level and International level Trade Fairs.
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