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IV. Summarise the following reducing its length to about one-third: 8 Another year of stupendous performance, another year when a major milestone in the Indian

IV. Summarise the following reducing its length to about one-third: 8 Another year of stupendous performance, another year when a major milestone in the Indian corporate history has been crossed by your Company to become the largest individual two-wheeler manufacturing Company. It is a matter of pride not only for the Company, its shareholders, stakeholders, employees, associates but for the country as a whole. This remarkable achievement will go down in the archives of corporate history as a monumental achievement reflecting single- minded vision, focus, determination and commitment. Also the operating profits for the financial year 2001-02 improved significantly mainly due to effective cost rationalisation, strong working capital management and efficiency in manufacturing and higher productivity despite strong competition from other manufactures and pressures on the economy. During the year went by, the motorcycle market grew by 35%, whereas market share of scooter and mopeds decline

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