Speaking of strategic diversification, Chakshu Goyal, Executive Director, of Anmol India Ltd., further added, "Strategic diversification is a key component of our long-term success. By expanding our business into new markets, we can reduce our dependence on any one product or service, which helps reduce risk and stabilize our financial performance."

Anmol India Limited announced that it had decided to set up an "Expansion and Growth Committee". According to a company statement, the committee's role will be to explore new opportunities in chemical products and steel-related products, such as iron ore, iron ore, Met Coke, etc.

"The council will focus on investing in new products and expanding into new demographics. The newly formed committee will work to identify and ensure strategic partnerships and cooperation in the chemical and steel-related products industries. The expansion will unlock huge growth potential for the company as demand for steel and chemical products continues, the company statement added.

"By exploring new opportunities in steel and chemical products markets and leveraging synergies with our existing customer base, we aim to broaden our business horizons and consolidate our position as a major player in global trade," the company added.

Recently, ISB alumnus Chakshu Goyal also joined the board and has since launched various digital initiatives to guide the company's growth.

Speaking about strategic diversification, Chakshu Goyal, Executive Director, of Anmol India Ltd., said, "Strategic diversification is a key component of our long-term success. By expanding our business into new markets, we can reduce our dependence on any one product or service, which helps reduce risk and stabilize our financial performance."

ECHEMI --- The name is originated from the abbreviation of “E-commerce of chemical”.