6 weeks training_at_oswal_woolen_mills_ludhiana (1)
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Transcript of 6 weeks training_at_oswal_woolen_mills_ludhiana (1)
6 weeks training at
oswal woollen mills Ludhiana
PRESENTED BY:-
MUNISH KAUL
Indian textile industry
Textile industry contributes to country’s exportMid of 2009 textile exports stood 16.3 billion $Indian rupee appreciated against Dollar growth of 0.12% was registered
contdd
Textile industry was witnessing growth of 3-4 % for 6 decades now its witnessing growth of
9-10% which has proved to be boon for textile industry
Defination of yarn
Yarn is continuous length of interlockedfibres suitable for use in production of textile, sewing and weaving
eg- thread is a type of yarn in which sewing can be done with hand or machine
Types of yarns
Major export destinations
Canada U.A.EJapan Saudi Arabia
Republic of Korea Bangladesh Turkey
Major steps taken by government
to increase competitiveness of textile industry :-
Fiscal reforms
Technology mission on cotton
Technology upgraded fund scheme
Scheme for integrated textile park
excellence is on going journey not destination
Jawahar Lal Oswal Chairman
Vision :-
Stepping ahead into realm of new changes Mission :-
Came into existance in 1949
Vidhya Sagar oswal was the founder
The company started up with making of socks
Was divided into 2 more companies in 1949 # Oswal woolen mills # Oswal spinning and weaving mills
1960 hosiery branch was attached to owm
1972 woolen combing unit was set up
4 solvent extraction plants were set up 2 in Ludhiana 2 in madras in 1974
Monte Carlo brand gave the company international recognition
Nahar industrial
enterprises
Nahar sugar
Nahar spinning mills ltd
Oswal woolen mills ltd
Nahar fibres
Nahar export
Nahar group of companies
Manufacturing Unit Current Spindlage Location
Nahar Exports Limited
Rishab Spinning Mills 65000 Ludhiana
Nahar Exports Ltd., (100% EOU)
25000 Lalru, Near Chandigarh
Nahar Fibers (100% EOU) 25000 Near Ludhiana
Nahar Fibers (Non-EOU) 30000 Near Ludhiana
Nahar Spinning Mills Limited
Nahar Spinning Mills Ltd., (100% EOU)
25000 Bhopal, M.P.
Nahar Spinning Mills Ltd., (Non EOU)
42000 Bhopal, M.P.
Nahar Spinning Mills Ltd., (100% EOU)
22000 Lalru, Near Chandigarh
Present turnover of the group- 2500 cr
Annual turnover of the group 680 cr
Financial Turnover
Product PortfolioWoolen
Acrylic Synthetic Blended Yarns
Lambs Wool Yarn
Woolen Viscose
Acrylic Tops
Textile Fabric, Woollen Knitwear
Hosiery
Cotton Garments
Organizational structure
VARIOUS DEPARTMENTSIN
MAJOR BRANDS OF THE COMPANY
Extensive Experience of our Promoters Good brand equity commitment of employees towards their
organization. Strong dealer network, mutual relations with them. Good training programs by OWM for their
employees. Member of wool mark and ISO 9002 Automated machines of latest technology
Research and Development department Imported yarn from ITALY for premium range The Landed Properties in Gurgaon and Chennai
Lack of professionalism
Long hierarchy
OWM is dependent upon foreign producers for greasy wool.
Depend on the third party for sale and the distribution of the product.
Weakneses
Expanding the ‘Monte Carlo’ product range to make it an ‘All Season Brand’.
Operating in a highly competitive and fragmented industry.
Risks relating to the price volatility in the import of wool.
With booming retail sector and big players like WALMART, BHARTI entering into that field, OWM is also stepping ahead with a mission of opening up of 150 retail outlets all over India under a brand name MONTE CARLO
Fabrication for various companies likes NIKE, MARKS AND SPENCER, GAP, WILLS, etc.
Manufacturing of kids garments
Expanding the business in Finance sector
Oswal can always liquidate stock pressure by slight reduction in prices
Mushrooming and upcoming of small hosieries in
Ludhiana
Seasonal demand for their major product i.e.
pullovers.
Financial Analysis
CURRENT RATIO=CURRENT ASSESTS/CURRENT LIABILITIES
PARTICULARS 2005-06
(In lacs)
2006-07
(In lacs)
2007-08
(In lacs)
CURRENT ASSETS 20543.67 30129.28 301.29
CURRENT LIABILITIES 11185.67 9044.30 9897.32
CURRENT RATIO 1.84 3.33 3.07
QUICK RATIO= QUICK ASSESTS/CURRENT LIABILITIESQUICK ASSESTS= CURRENT ASSETS-INVENTORIES
PARTICULSR 2006-07 (In Lacs)
2007-08 (In Lacs)
2008-09 (In Lacs)
Quick Assets 9060 17328 17506
Current liabilities
11185 9044 9897
Quick ratio 0.81 1.915 1.7688
Absolute liquid assets=absolute liquid assets/current liabilities
Particulars 2006-07In lacs
2007-08In lacs
2008-09In lacs
Absolute liquid assets
556 2930 3277
Current liabilities
11185 9044 9897
Cash ratio 0.049 0.324 0.33
Debt equity ratio= total debt/shareholder equity
Particulars 2006-07In lacs
2007-08In lacs
2008-09In lacs
Total debt 18220 29466 27416
Shareholder’s fund
9497 11625 13994
Debt equity ratio
1.918 2.534 1.959
EFFECTIVENESS OF EXPORT PROMOTION COUNCIL IN PROMOTION OF EXPORTS
TITLE
Objectives for study
To know the various export promotion techniques provided by the export promotion council
To know what kind of assistance is being provided by export promotion council
To know the level of satisfaction among the exporters regarding increase in export
To know whether export promotion council is helpful in making deal more successful
RESEARCH METHODOLOGY
Research Design
A research design is the detailed blueprint used to guide a research study toward its objectives.
Research instrument- Questionnaire Type of Research- Descriptive Universe
Exporters all over the world who are aware of export promotion council
Population
People who are promoting their product through export promotion council
Sample unit:
Any single exporter who is promoting his products through export promotion council in Ludhiana
Sample size – 20 respondents Sampling technique- Convenience sampling &
snowball sampling = Multistage sampling
Chart 4.1 No. of countries product is being promoted
(N=18)
44%
17%
17%
22%
0 - 5
5 - 10
10 - 15
>15
DATA ANALYIS AND INTERPRETATION
50%
10%
5%
35%
Chart 4.2 Media of promoting trade in different countries(N=20)
trade fair seminar mega shows all above
100%
Chart 4.3 Awareness about export promotion council and its role
(N=20)
yes no
satisfied40%
dissatisfied20%
neutral15%
highly satisfied15% highly dissatisfied
10%
Chart 4.4 Satisfaction Level of role of promotion in increasing the export
(N=20)
Chart 4.5 Type of assistance availed from EPC
(N=20)market access
initiative scheme25%
Issuance of certificate of
company25%
Training facil ities30%
all above20%
Chart 4.6 Role of seminars & other EPC schemes in saving company's research cost
(N=20)Always
20%
Sometimes55%
Rarely10%
Never15%
Yes30%
No70%
Chart 4.7 Appointment of special officers for EPC dealings
(N=20)
1 month25%
3 month25%
6 month25%
more than 1 year25%
Chart 4.8 Time taken by EPC to solve the problems(N=20)
Yes40%
No60%
Chart 4.9 E.P.C help to provide data on exports and imports of country to make dealing more successful
(N=20)
Yes45%
No25%
Cant say30%
Chart 4.10 EPC is able to resolve issues between industry & Govt.
(N=20)
•Many small scale industries were not that much aware of the role of export promotion council so the sample size was less.
•Some of the companies were not at all helpful as they did not have any time to entertain anyone without any reference.
•Due to money and time constraints, it was not possible to visit different EPC’s and get the practical exposure of their working.
•The time period allotted for the project was less.
Results and
findings•Most of the small scale companies are promoting their products through brokers in different countries and large scale companies are availing services provided bt epc to promote their product in different countries.
•Trade fair is the most popular way to promote products through epc in different countries.•Most of the are aware about the role of epc
•Big export houses are satisfied with the role of epc but small companies less satisfied with services of epc as they get less preference than big companies
•Large scale companies need to appoint special officers for epc dealings as they have to promote large no of products in different countries.
•Government is not providing much data for exports and imports of countries to help the exporters in making deals more successful
•Members of epc are provided special preferences by epc
After getting to know enough about different export promotion councils for textile industry and how they help the Indian Textile for exports, we can say that the main role of the EPCs is to project India's image abroad as a reliable supplier of high quality goods and services. In particular, the EPCs encourage and monitor the observance of international standards and specifications by exporters. The EPCs keep abreast of the trends and opportunities in international markets for goods and services and assist their members in taking advantage of such opportunities in order to expand and diversify exports.
And every unit whether small or big industrial unit, each unit should be the member of one or the other EPC’s. This will not only help them in exporting their products but also help get recognition in domestic as well as international market and even diversify their products