It uses the proceeds to provide charitable support to an ashram rehabilitating destitute women and children. It also provides financing to help new handicraft producers get started in the business by buying equipment. A recent precipitous drop in sales now leads its head, Surendra, to seek official export status so that its goods can be sold more readily overseas. The company intends to expand its production capacity, but its management is so overwhelmed with operational concerns that they are unable to generate new sales or do long-term planning. To-date they rely primarily on family members living in different geographical areas to expand sales.
Pricing is done without accurate information about per item costs.
The company is now attempting to export to the French Caribbean islands, and looking for ways to fill new orders with existing operations. Required financing might be available from either a private American investment group or the Inter-American Development Bank. Relatively new silk manufacturer founded by an American expatriate. With an expanding orchard of mulberry bushes to grow its silkworms, and adequate means to dry the cocoons, the company is now attempting to begin silk reeling operations, the next phase in the production process. However, it has just been denied the opportunity to purchase a government-owned facility because the sale to the private sector might jeopardize official development funding from the South Korean government.