c:\fakepath\presentation on eight weeks industrial training at
TRANSCRIPT
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Presentation on 6 weeks summer training in Oswal Woolen mills
Presented By:-Kabir Sandhu94972238275
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India Textile Industry
India textile industry largely depends upon the textile manufacturing and export.
India earns about 27% of its total foreign exchange through textile exports.
Further, the textile industry of India also contributes nearly 14% of the total industrial production of the country.
It also contributes around 3% to the GDP of the country.
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India textile industry is also the largest in the country in terms of employment generation.
It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors.
India textile industry currently generates employment to more than 35 million people.
It is also estimated that, the industry will generate 12 million new jobs by the year 2010.
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Various categories
Indian textile industry can be divided into several segments, some of which can be listed as below:
Cotton Textiles Silk Textiles Woolen Textiles Readymade Garments Hand-crafted Textiles Jute and Coir
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Strengths Vast textile production capacity Large pool of skilled and cheap work force Entrepreneurial skills Efficient multi-fiber raw material
manufacturing capacity Large domestic market Enormous export potential Very low import content Flexible textile manufacturing systems
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Weaknesses
Increased global competition in the post 2005 trade regime under WTO
Imports of cheap textiles from other Asian neighbors
Use of outdated manufacturing technology Poor supply chain management Huge unorganized and decentralized
sector High production cost with respect to other
Asian competitors
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NAHAR GROUP OF COMPANIES
OSWAL WOOLLEN MILLS LTD. It was established in 1949 It is manufacturing all type of blended
worsted yarn, weaving yarn, lois, shawls etc.
The company is proud to have highly popular bounded products of knit wear MONTE CARLO and CANTERBURY.
OWM has seven units in different locations in Ludhiana engaged into different manufacturing and trading activities.
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NAHAR INDUSTRIAL ENTERPRISES LTD.
This company was incorporated in September 1983
It is manufacturing edible oils, toilet soap, fatty acids, citric acid, glycerin, oxygen gas and solvent, extracted rice oil, vanaspati, sugar and rolling mill.
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NAHAR SPINNING MILLS LTD. It was established in December 1980. It is engaged in manufacturing of all
types of cotton, acrylic and blended yarns, as well as knitted fabrics and garments.
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GROWTH CHART- FEATURES Group turnover is Rs. 2500 crore. Export market: U.S.A., United Kingdom,
Germany, Russia, Japan, Australia, New Zealand, Holland, Thailand, South Africa, Singapore, Taiwan, Canada, Egypt, Israel and Bangladesh.
No strike/accident situation and near zero staff turnover.
Important brand names are “MONTE CARLO” and “CANTERBURY”.
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OWM were the proud recipient of the “best exhibited products” award from the international wool secretariat for two glamorous brands.
Product portfolio: spinning, knitting, fabrics processing, hosiery garments, knitwear, sugar, infrastructure development and information technology.
COTTON COUNTY is there emerging ready to wear brand.
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Beyond there professional portfolio lies the human group that has always been deeply enriched in social upliftment at every level like:
Jawahar Lal Oswal Public Charitable Trust Mohan Dai Oswal Memorial Hospital
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ACHIVEMENTS
First gold trophy in export in 1989. First silver trophy in Hosiery in 1990 export
award consecutively for five years (1989 to 1994) for export of woolen hosiery garments.
International award for excellence performance in export in 1993.
Silver trophy for 2nd highest performance in 1998-1999
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ISO 9002 received in 2001. NAHAR EXPORT LIMITED is the recipient of
BEST EXPOTER for the year 2002-03. NIEL, GARMENT UNIT is the recipient of
state level safety award. Exports to high quality conscious countries
like USA, UK, Germany, Russia, Japan, Australia, New Zealand, Holland, and many more
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OSWAL WOOLLEN MILLS LIMITED
Constitution:- Public Ltd. Company Year Of Establishment:- 1949 Locations:- Registered office:- G.T. Road, Sherpur, Ludhiana. 141003 Punjab (India)
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Works:-
Miller Ganj, Ludhiana-141003. Industrial Area-A, Ludhiana-141003. G.t. Road, Sherpur, Lidhiana-141003. 107, Cochrane Basin Road, Chennai. Plot No. 222, Sector 18, Gurgaon.
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Management Structure & Departments
List of Boards of Directors:- Mr. Jawahar Lal Oswal
Chairman-cum-Managing Director Mr. Amarjeet Singh Director Mr. Dinesh Oswal
Director Mr. Kamal Oswal
Director Mr. Sandeep Jain
Executive Director
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Organizational Graph
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Departments In Oswal Woollen Mills QUALITY CONTROL HUMAN RESOURCE DEPARTMENT FINANCE DEPARTMENT MARKETING DEPARTMENT
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PRODUCT PORTFOLIO OF OWM Wool/ Acrylic Top Yarns:-
• Weaving wool• Hand knitting yarns• Hosiery yarns
Textile Fabrics:-• Blankets• Scarf’s• Gents Lohis• Woolen Shirting (only for defence)• Shwal• Woolen Suiting
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Hosiery Knitwear Products:-• Lady Cardigans• Pullovers• Woolen Vests, Undergarments for
Men Monte Carlo and Canterbury are
popular brands of international quality are segments of OWM’s products.
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SWOT ANALYSIS Strengths of the company Good brand equity Many persons are working here for more
than 50 yrs. This shows commitment of employees towards their org.
Good training programs by OWM for their employees.
Laboratories for testing the quality of the product
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Weakness of the company Lack of professionalism OWM is dependent upon foreign producers
for greasy wool. Depend on the third party for sale and the
distribution of the product. Poor after sales services.
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OPPURTUNITIES Fabrication for various companies likes NIKE,
MARKS AND SPENCER, GAP, WILLS, etc. Manufacturing of kids garments Expanding the business in Finance sector THREATS Mushrooming and upcoming of small
hosieries in Ludhiana Seasonal demand for their major product i.e.
pullovers
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“ A study on Export competitiveness of the textile
and garment sector”
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Objectives
To study the export import procedure and documentation of Oswal woollen mills.
To study the export competitiveness of textile and garment sector in Ludhiana market.
To study the problems of textile exporters in Ludhiana.
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Research Methodology
Research methodology is a way to systematically solve the research problem. It may be understood as a science of studying how the research is done scientifically.
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RESEARCH DESIGN:-“A research design is the arrangement of conditions for collection an analysis of data in a manner that aims to combine relevance to the research purpose with economy in procedure.”
In this research project, the research design is descriptive in nature.
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SOURCES OF DATA PRIMARY DATA: The primary data is
collected by structured questionnaire administered by sitting with guide and discussing the problem.
SECONDARY DATA: It includes material collected from newspapers and journals.
Data collection instruments: E-mails Questionnaire Telephone calls
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Universe:-All the organisations which are into the field of textile and clothing industry
Population: -All the organisations who are in the field of textile and clothing industry in Ludhiana.
Sampling technique:- : convenience sampling
Size of sample:- 19
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The Composition of Indian Textile Exports
The Textiles exports basket consists of Ready-made garments, Cotton textiles, Textiles made from man-made fibre etc.
The major export earner is ready-made garments followed by cotton textile and manmade fabrics in April-Oct 2008.
All The textile items are growing impressively
except Cotton Textiles, Silk, Ready Made Garments and Handicrafts.
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Textile export (value in $ US million)
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Country-wise Export of Textile Items by India
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Data Analysis and Discussions
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Table:4.1: Primary business of your company (N-19)
Options number of respondents %age
Manufacturing 18 95%
Trading 1 5%
Multinational 0 0%
Others. 0 0%
Total 19 100%
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Table 4.2 : %age of exports to total sales (N-19)
Optionsnumber of
respondents %age
1-10% 4 21%
10-25% 8 42%
25-50% 4 21%
50-75% 2 11%
Above 75% 1 5%
Total 19 100%
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Table 4.3 : Threats of exchange rate fluctuations (N-19)
optionsnumber of
respondents % age
highly disagree 0 0%
disagree 1 5%neither agree nor
disagree 0 0%
agree 17 90%
highly agree 1 5%
Total 19 100%
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Table 4.4 : Any increase in cost of production of textile products
(N=17)
optionsrespondents %age
yes 17 90%
no 2 10%
total 19 100%
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Table 4.5: Range of increase in cost of product (N-17)
optionsnumber of
respondents %age
1-5% 7 41%
5-10% 7 41%
10-25% 3 18%
25% & above 0 0%
total 17 100%
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Table4.6: Any increase in price competitiveness of your product (N-
19)
optionsnumber of
respondents %age
yes 19 100%
no 0 0%
Total 19 100%
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Table4.6: Satisfaction level of quality of infrastructure (N-19)
optionsnumber of
respondents %age
yes 0 0%
no 19 100%
total 19 100%
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Table4.7: Attention requires towards physical infrastructure
(N-19)options
number of respondents % age
Road 3 16%
Rail 3 16%
Airport 0 0%
Port 7 37%
Power 5 26%
Other 1 5%
total 19 100%
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Table 4.8: satisfaction with the transparency of Indian govt.
(N-19)
optionsnumber of
respondents % age
yes 10 53%
no 9 47%
total 19 100%
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Table 4.9: labor productivity affects your business(N-18)
optionsnumber of
respondents % age
highly disagree 0 0%
disagree 1 6%neither agree nor
disagree 1 6%
agree 16 88%
highly agree 0 0%
Total 18 100%
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Table 4.10: Introduced any measures to enhance labour
productivity (N-18)
optionsnumber of
respondents %age
yes 3 17%
no 15 83%
total 18 100%
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Table 4.11: Competitive advantage of textile industry (N-
19)options
number of respondents %age
cost of the product 5 27%
latest technology 1 5%
quality of product 12 63%
any other 1 5%
total 19 100%
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Table 4.12 Factors affecting
exports (N-19) NO.OF RESPONSES
MEAN
EXPORT TAXES 47 2.47
EXPORT QUANITATIVE RESTRICTION
73 3.84
CERTIFICATION 62 3.26
INSPECTION FEE 70 3.68
STATE TRADING ADMINSTRATION
70 3.68
NON TRADE BARRIERS
77 4.05
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Limitations
Generally the respondents were busy in their works and were not interested in responding.
Some respondents were not clear about their own facts findings.
The respondents in the study may not represent the true characteristics of the target audience.
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FINDINGS Exporters are the manufactures of textile and
clothing industry. Most of the companies are in manufacturing business.
Export sales in between 10-25% and rest of the produced material consumed in domestic market.
Exporters face problem of exchange rate fluctuations in foreign market.
Cost of production is increased due to increase in exports of textile and clothing.
Range cost of production is increased due to increase in exports of textile and clothing.
All respondents told that up to some extent price competitiveness is increased of textile products.
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4.3 Suggestions More designs and wider market
penetration at cheaper rates through better quality products.
Try to adopt new and modern design to sustain in market.
Providing the technical knowledge for the staff.
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CONTINUE….
• Competitive pricing to market requirements.
Continuous Training of Workers to improve their attitudes and functional skills.
Providing transportation, good work environment to employees.
Improvement in technology, training.
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