Cotton King Industrial visit baramati.docx

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A REPORT ON INDUSTRIAL VISIT TO Cotton King Pvt. Ltd. Plot No. 21,22,23 Hi-Tech Textile Park, MIDC, Baramati- 413 133 District-Pune

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Cotton King Industrial visit baramati

Transcript of Cotton King Industrial visit baramati.docx

A REPORT ON INDUSTRIAL VISIT TO

Cotton King Pvt. Ltd.Plot No. 21,22,23 Hi-Tech Textile Park,MIDC, Baramati- 413 133District-Pune

CONTENTS

Sr. No.TitlePage No.

1.History and Management Information3

2.Opportunities in Textile market4

3.Profile of Cotton King6

4.Products Information8

5.Mission Statement10

6.References11

HISTORY AND MANAGEMENT INFORMATION

A pioneer in selling cotton garments in India, Cottonking was founded in 1996 by Mr. Pradip Marathe,CMD,Cottonking and Mrs.ShubhadaMarathe,CFO,Cottonking.

With a BE (Mechanical) and MBA (Marketing) and a rich experience of over 15 years, Mr. Marathe sensed the potential market for 100% cotton garments. Having served earlier in Kirloskar Brothers (Compressor Division) as GM- Marketing (All India sales), he started Cottonking's first and flagship store at Nal Stop, Pune.

Mrs. Shubhada Marathe, a graduate in commerce, co-founded Cottonking. She has over the years contributed substantially to the growth of Cottonking as a brand and is primarily responsible for Cottonking's sound and successful financial growth. Savvy with numbers and possessing a keen eye for detail, she is now the CFO.

Opportunities in Textile market

Baramati Hi-Tech Textile Park Ltd.a prestigious and an ambitious park that surely will achieve and attain a universal status with the blessings and guidance of Hon. Shri. Pawar Saheb, under the dynamic leadership of on. Shri Ajitdada and Smt. Sunetradidi.

India is blessed with an amazing variety of natural tradition of art, made possible by diverse geographical features. Climatic conditions and innumerable ralent specially in textile industry. In recent years due to glolalization and migration of Textile. Industry having moved from Western countries to Asian countries, in this changing scenario. India plays a vital role in the textile world. It has earned a position as a booming industry and has become a celebrated form of art, fashion designing gaining a popularity far and wide.To survive in the era of competition, we have to improve our quality, productivity and speed with minimum cost by adopting the modern techniques and technologies.

The textile industry is in a unique situation of dynamism. The dynamic ways of the world today be speak business environment, making the garment manufacturers, apparel makers and the established brands compele at a breath taking speed.They need to have a distinctive edge over its competitiors to be successful.The industry needs to be more focused, standardised adapting textile industries best practices with stragetic technological advancement.The tech-pro manufacturers have realised that technology and the best infrastructure provides an unparelled competitive edge over others. Both on the cost quality and quantity front.Which finally results in improving the production.The market is now opening to many other.The distinction between consumers and producers is bridging the gap.The markets have always looked at textile industry as a source of inspiration for new trends, fashion and vogue.

To keep abreast with pace of the changing textile industry and to bring the manufacturers and its ancillary units under one roof. Govt. of India is introducing unique scheme for the overall development and upgradation of Indian textile Industry the High Tech Textile Parks all over India.

In an increasingly complex global market, having forcasting view, efficient and strategic steps are being taken for the upgradation and expansion of the industry by the Govt. of India.

Profile of Cotton King

A highly sophisticated advanced and self sufficient park with a competent team, wide spread robust network to support the ever-changing and growing needs of the textile industry. The Park is well equipped with a spectrum of textile industry needs from garment manufacturers, suppliers, screen printers, packaging and other ancillary units, financial funding to labor supplies etc. The BHTTP envisages that the growth should be uniform to all. And an obvious way of achieving this is by providing a global podium to the upcoming entrepreneurs. Undoubtedly BHTTP an ambitious attempt to promote and project the Indian textile industry and its products on global level. The BHTTP is committed to save the textile industry with main stream garment, apparel manufacturers, as well as its supporting industry which will keep a finger on the pulse of the global market in todays open economy for global players in the textile industry seeking to expand their business base in the Indian sub continent, BHTTP is the most trusted and a sure shot precincts that provides and is well equipped with best of the best infrastructure, State of the art technology machinary and other provisions that are conducive for the healthy and rapid growth of the Indian textile industry. The main cause behind introducing this magnanimous park is to support and enhance the global position of the textile industry and also the empowering women by giving them employment in the park.

The Govt. of India has sanctioned about 30 parks all over India under SITP of which 4 parks will be in Maharashtra. The other 26 parks are bifurcated State wise, 6 in Gujrath, 5 in Tamilnadu, 1 in Karnataka, 2 in Rajasthan, 4 in Andhra Pradesh, 1 in West Bengal and 1 in U.P. The scheme is introduced for the overall textile sector that encompasses technological upgradation fund scheme, group work shed scheme and scheme for integrated Textile parks (SITP).

The scheme for Integrated Textile Parks has been introduced by the Ministry of Textile (Govt. of India) in Sept. 2005. Any special purpose vehicle (SPV) either Public Ltd. Company, Private Limited Company, Co-operative Society, State Govt. body coming forward to set up a comprehensive and integrated park will enjoy a grant to the extent of 40% of the total cost of project for infrastructure and common amenities. The park is registered under the provision of Indian Companies Act 1956 and is having status of Public Ltd. Co.

Products Information

-Cotton King produces four main products (T-Shirts,Shirts,Trousers,Jeans) and markets them through retail and online stores.

Some images from their online repository :

Mission Statement

The BHTTP is committed to save the textile industry with main stream garment, apparel manufacturers, as well as its supporting industry which will keep a finger on the pulse of the global market in todays open economy for global players in the textile industry seeking to expand their business base in the Indian sub continent, BHTTP is the most trusted and a sure shot precincts that provides and is well equipped with best of the best infrastructure, State of the art technology machinary and other provisions that are conducive for the healthy and rapid growth of the Indian textile industry. The main cause behind introducing this magnanimous park is to support and enhance the global position of the textile industry and also the empowering women by giving them employment in the park.

References:http://baramati.infoisinfo.co.in/card/cotton_king_pvt_ltd/3204512http://www.tradeindia.com/Seller-3887334-Cotton-King-Pvt-Ltd/Cotton King Website:http://cottonking.in/