Professional Documents
Culture Documents
GUJARAT
INDUSTRY
VISIT
REPORT
PREPARED BY
SEMESTER ONE
STUDENTS
BY DATA SCIENCE AND
BUSINESS ANALYTICS
CONTENT
Acknowledgement
Conclusion
Testimonials
ACKNOWLEDGEMENT
FYDSBA batch
HSNC University, Mumbai
DAY 1 – TEXTILE
INDUSTRY
INDIAN TEXTILE SECTOR ANALYSIS
India’s textiles sector is one of the oldest industries in the Indian
economy, dating back to several centuries. This industry is extremely
varied, with hand-spun and hand-woven textiles sectors at one end of
the spectrum, while the capital-intensive sophisticated mill's sector is
on the other end. The close linkage of the textiles industry to
agriculture (for raw materials such as cotton) and the ancient culture
and traditions of the country in terms of textiles makes it unique in
comparison to other industries in the country. India’s textiles industry
can produce a wide variety of products suitable for different market
segments, both within India and across the world.
Market Size
India’s Textiles industry has around 4.5 crore employed workers. The
industry contributed 7% to the industry output (by value) in 2018-19.
The Indian textiles market is expected to be worth >US$ 209 billion by
2029.
Government Initiatives
Their company offers more than 15000 shades and our products are
Oekotex certified. The yarns are made from environment-friendly
chemicals (AZO free, APEO and NPEO free).
Textile yarn can be made with natural fibres from substances such as
wool from sheep, silk from silkworms, or cotton and linen from
plants. It can also be made with synthetic, or man-made, fibres
created from a variety of substances like nylon, acrylic, and polyester.
What is “yarn processing”?
After a yarn has been manufactured and before it goes into fabrics of
all kinds, there is various way to process it further. This process
makes yarn resistant and strong too.
Why do they have so low wastage? Well, most of their “unfit products”
are sold to carpet manufacturers and the embroidery industry.
Now, on further asking about the carpet industry (not their forte
though) we got to know the following: -
MANUFACTURING
PROCESS OF CARPET
Where does data science fit in the
textile field?
The industrial visit at Sanimo Textiles has shown us the importance of
coordination required between every team of the company. The
textile industry, spread over a large area, has a lot of working staff,
and data management is essential. From the starting import to the
end customer export, each event has to be tracked, and as of our
visit, we also found that the textile industry is facing severe issues
with the ERP software. ERP Software helps businesses keep track of
the events or works that are done, resources required, sales,
marketing, finance, Human Resources, and many such features. At
Sanimo, we learnt why ERP is used in Textile industries, how they
manage their ERP software, and the issues they are looking forward
to students of Data Science to solve and provide them with better
solutions. Data science is deeply applied in the textile industry. As we
observed, in the case of Sanimo textiles, the ERP software used is a
standard one. Every industry has its requirement with ERP. Although,
for example, the basic terminology, the data terminology and user
usability and easy data management, a standard ERP is made chiefly
for companies that sell their physical product directly into the market.
Market Size
Exports
India is the 12th largest exporter of medical goods in the world. The
country’s pharmaceutical sector contributes 6.6% to the total
merchandise exports.
Indian drugs are exported to more than 200 countries in the world,
with the US being the key market. The foreign direct investment (FDI)
inflows in the Indian drugs and pharmaceuticals sector reached
US$130 million between April 2021 and June 2021. In FY21, North
America was the largest market for India’s pharma exports with a 34%
share and exports to the U.S., Canada and Mexico recorded a growth
of 12.6%, 30% and 21.4%, respectively.
Government Initiatives
Under Union Budget 2021-22, the Ministry of Health and Family
Welfare has been allocated Rs. 73,932 crore (US$ 10.35 billion) and
the Department of Health Research has been allocated Rs. 2,663 crore
(US$ 365.68 billion). The government allocated Rs. 37,130 crore (US$
5.10 billion) to the 'National Health Mission’. PM Aatmanirbhar Swasth
Bharat Yojana was allocated Rs. 64,180 crore (US$ 8.80 billion) over
six years. The Ministry of AYUSH was allocated Rs. 2,970 crore (US$
407.84 million), up from Rs. 2,122 crore (US$ 291.39 million).
Road Ahead
Medicine spending in India is projected to grow 9-12% over the next
five years, leading India to become one of the top 10 countries in
terms of medical spending. Going forward, better growth in domestic
sales would also depend on the ability of companies to align their
product portfolio towards chronic therapies for diseases such as
cardiovascular, anti-diabetes, anti-depressants and anti-cancers,
which are on the rise.
About Bharat Parenterals Limited
Bharat Parenterals Ltd. is a Gujarat based pharmaceutical company,
established in 1992 by Mr. Ramesh Desai, who started the company
with a vision of making world-class affordable medicines and taking it
to the forefront of contract manufacturing units in Gujarat. From the
time of its inception in 1992, Bharat Parenterals Ltd. has been
completely focused and dedicated to manufacturing an extensive
spectrum of pharmaceutical formulation products.
Role of packaging
“I have learnt to apply the knowledge to uncover solutions hidden in the data to take
on business challenges and goals.”
-Soham Chowkekar
"My interest has always been in the application that can make users make a better
decision about the working of an organisation. On the industrial visit, I also got to
know about better utilisation of resources we have."
-Juhi Jadhav
"Industrial Visit has been a great opportunity, helping to improve business and data
Analytics study in different domains."
-Kalp Jain
"The Industrial visit was too great, learnt many things, experienced new opportunities
in data science and business analytics and our communication skill also improved."
-Jayant Jadhav
“The industrial visit to Gujarat enlightened us in various ways. We got to know the
insight of various domains and how the applications of data science are being utilized
and ways we can explore more of it. The industrial visit also had the domains
explained by the professionals of the respective fields which was also a great
experience.”
-Aditya Singh
"It was an opportunity to practically learn through interaction and working methods."
-Niddhi Parmar
“First of all, I learned how goods are produced in the textile and pharma industry in
detail. I learned how the Quality Control department and different kinds of software
are used while working across all layers of production. I learned about the kind of
data that is collected and how this is used to improve production.”
-Abdeali Bootwala
THANK
YOU