TABLE OF CONTENT

CHAPTER PARTICULARS PAGE

NUMBER
EXECUTIVE SUMMARY 6
1 INTRODUCTION 8-15
(About The Industry, About The Company)
2 ORGANIZATION STRUCTURE 16-23
(Structure , Organisational Functions-Hierarchy)
3 STUDENT EMPLOYEE DUTIES 24-27
4 COMPETITIVE ANALYSIS 28-30
(SWOT , FIVE FORCE)
5 FINDINGS,RECOMMENDATIONS,CONCLUSION 31-34
BIBLIOGRAPHY 35-36
 CHAPTER 1

INTRODUCTION
 ABOUT THE INDUSTRY

In India cotton textiles industries which are over a quarter century old. They play an important
role in the economy producing nearly 50000million meters of cloth and earning huge foreign
exchange by export. unfortunately the industry faces a very high competition with their profit
margin pricing of finishing product is depends on availability rate of cotton, supply and demand
export obligation, Govt. registration, extent modernization and obviously the management ability
and so on. The cotton textile industry is the largest industry in the organized structure of
manufacturing. The textile industry in India constitute of distinct section representing broadly 3
levels of technology and organization via mill, power room and handloom. The first attempt to
establish a cotton textile in India was made since 1848, under the name of Bowcarcha cotton mills
new culcuttabu English enterprise. It was Mr.Dorer, a business man with greatest enterprise vision
and foresight. Who happens to be the first Indian textile industries to establish a mill in Bombay
name son Bombay Spinning Mill in the year 1854? The period from 1854 was really a good period
for the pioneering enterprise in the field of textile it gives employment tAhmadabad is called the
machetes of India. First spinningmill was established Mumbai in the year 1854.
The period of 1856-1860 was nice period as for as textile industries were concerned. But
during 1990‟s the textile industries saw their through due to famine. Mills in Bombay produced
yarn. Which had a good market in China? A number of mills in Bombay and Ahmadabad to close
drown for long periods. At present textile industry in India comprise of 698 mills and outof
which 409 are spinning mills and 289 as composite mills. Quite a large number of spinning mills
190 are located in Tamilnadu. While the appreciate number of composite mills 168 are located in
state of Gujarat and Maharashtra. Our countries average output is about 2700kg of cotton per
sectors. India’s total export in the world trade is only 0.6% with us and 45billion and this is
expected to raise 1% le, us 80 billion over the next 5years. The world trade in textile and clothing
around us 250 billion of which one country’s share is 3.3% about us 12 billion, India’s cotton
textile industry occupied a unique position it accountants for about 7% of the gross domestic
product, 20% of the export earnings. It contributes over Rs.5/- billion in terms of exciseduty to the
exchequers. After agriculture this industry is the second largest employment provides in the
country as its cultivation provides 200 more days / hectare of employment. Around 50
million people earn their livelihood through its cultivation or trade and processing. A considerable
it’s in directed employment. At the time of independence the textile industry, the largest organized
industry in the country, comprised an estimated 2.5 million handloom eavesand 356 mills, with
an installed capacity of about 10.3 lakhs workers. After that, the increased in fabrics production is
mainly because of the availability of major raw-materials, such as cotton and man-made fiber
however the chare of cotton gradually declined from percent in the fifties to 69 percent in 1997.o
vast number of people get raised and opportunity for a riches and are variedlife get opened.

INDIAN TEXTILE INDUSTRY CONSTITUTE OF THE FOLLOWING

SEGMENTS
1) Readymade segment
2) Cotton textile including handloom
3) Man made textiles
4) Silk textiles
5)Woolen textiles
6) Handicraft, coir and jute

STRENGTH OF INDIAN TEXTILE INDUSTRY

✓ India has rich resources and raw materials of the textile industry. It is one of the largest
producers of cotton in the world and is also rich resources of fiber like polyester, silk, viscose
etc…
✓ India is rich in highly trained man power. The country huge advantage due to lower wage rates
because of low labour rates the manufacturing cost of textile automatically come down to very
responsible rate.
✓ India is highly competitive in spinning section has presence in almost in all process of the
value chain.
COTTON TEXTILE INDUSTRY IN KERALA
The textile industry in Kerala is the oldest and occupies a key position on the state
economy development. The Malabar spinning and wearing company at Ponnanikkara in Calicut
started in 1884. The second important textile exit setup in the state was quit on spinning mills.
However some of the mills became silk units and were taken by national textile corporation. The
national textile corporation was incorporated in April 1986, with the main objective of ensuring
continued employment to the result of closure and also for managing the over by the GOW. The
Kerala state textile corporation was incorporated in 1972 with the objective or promoting textile
industry and assisting mills.

ABOUT THE COMPANY

Western India Cottons Limited is a public incorporated on 06 September 1954.It is classified as
Non-govt company and is registered at Registrar Of Companies, Ernakulum. Its authorised share
capital is Rs.60000000 and its paid up capital is Rs.44932800. It is involved in spinning,weaving
and finishing of textiles. They are the manufacturer, supplier and exporter of cotton yarn, cotton
fabrics, cotton made-ups.

BACKGROUND & GROWTH

The company was registered in 1954 with the prime objective of running a composite Textile
Mill consisting of Spinning, Weaving and Processing operations. Despite the ups and downs in the
textile industry the Company maintained its manufacturing operations with good results. In
keeping with the changing business scenario, the Company reduced its dependence on its own
manufacturing and started outsourcing its products. Backed by its business standing of over 50
years in the textile business and as a supplier of quality cotton textiles the Company was able to
create a network of business partners who undertake the manufacturing activity under a process
control system defined by the Company, whereby we are able to supply our products to the
complete satisfaction of our customers.
The flexibility it derived in outsourcing the manufacturing operations has helped it to enter
the area of specialty fabrics and madeups with specific applications both for the domesticmarkets
and exports. From its core business of textiles, the Company is leveraging its building assets in
providing ware housing facility for business operating in Kerala and a humble beginning has been
made in this regard. Despite the uncertainties in today’s ever changing business environment the
company is able to make progress and achieved good operational results.
 COMPANY PROFILE

• Company Name : WESTERN INDIA COTTONS LIMITED

• RoC : Ernakulam
• Company Category : Company limited by shares
• Company sub category : Non-govt company
• Class of company : Public Company
• Date of incorporation : 06-september-1954
• Age of company : 66 years
• Activity : Spinning, weaving and finishing of textiles
• Total Employees : 249 regular and 120 contract workers

COMPANY LOGO

VISION, MISSION AND QUALITY POLICY

VISION:

To manufacture products comparable to international standards, to be customer-focused and

globally competitive through better quality, latest technology and continuous innovation.
MISSION:

🞂 To provided utmost satisfaction to the customer through best quality and customer care
🞂 To continuously upgrade the product through innovations and convergence of new
technology and to produce the best quality at the lower cost
🞂 To be an ethically responsible organisation in all aspects of the business
QUALITY POLICY

WICL quality policy is to give enhanced satisfaction to their customers through the manufacturing
the supply of product by the use of modern manufacturing facilities. The company voluntarily
meet the requirements related to the products and process. The workers at WICL are committed
continually to their performance in all spheres of their activities.

ASSOCIATIONS

Confederation of Indian Textile Industry

The Cotton Textiles Export Promotion Council

BANKERS
🞂 The ICICI Bank Ltd
🞂 The Federal Bank Ltd
🞂 The Bank Of India
🞂 The State Bank Of India
🞂 The IDBI Bank

PRODUCTS
o Bleached mull
 o Kerala Gem

o Kerala Ruby

o Kerala Raja

o Bleached Long Cloth

o Hospital Green/Blue

o Kerala Queen

o Kerala King

o Bleached Long Cloth

o Kross Bed Sheets

o Kross Check Lungi Color

o Kross Check Lungi White

o Kross Executive Lungi Special

o Kross Executive Lungi

o Kross Plain Dhothi

o Kross Prestige Lungi

o Kross single Dhoti

o Kross Terry Towel

PRODUCT MIX
Sales value Product Mix

Cloth (Traded) – 2019 – December – 3.78 93.04

Lungies/Dhoties/

Sarees/Bedsheets – 2019 – December – 0.25 6.21

Madeups - 2019 - December - 0.03 0.73

 EXPORT AREA

➢ West Europe

➢ Central/ East Europe

➢ North America

➢ Middle East

➢ United Kingdom

➢ Denmark,

➢ Greece,

➢ Italy

➢ United States

➢ Saudi Arabia

INFRASTRUCTURE FACILITIES
The Company providing the following infrastructural facilities to the employess

Canteen Rest Room Wash room Prayer hall

COMPETITOR’S INFORMATION

Malabar Co-operative textile, Kuttippuram

Kitex Limited. Ernakulam
Goyal Textiles. Delhi
Cannanor Co-operative Spinning Mill, Kannur
Sri kalyan Export Pvt.Ltd, Erode
Knit Bees Clothing Zone, Tirupur
SSR Textile Exports, Kannur
 CHAPTER – 2
ORGANIZATION STRUCTURE
ORGANIZATION STRUCTURE
 ORGANISATIONAL FUNCTIONS – HIERARCHY

FINANCE DEPARTMENT
ACCOUNTING POLICIES
• The company has been consistently following accrual method in accounting its income
and expenditure . The accounting is on the basis of going concern concept
• The values of fixed assets have been arrived at on historical cost
• Depreciation has been calculated on straightline and also writton down value method
• Investments are valued at cost
• . Stock of raw materials, stores & spares and finished goods are valued at cost or net
realisable value whichever is lower.Cost assigned for valuation of stores and spares is on
weighted average basis and of raw materials and finished goods on first in first out basis,
after providing for diminution in value of obsolete/damaged and slow moving items. /
• Provision for gratuity is made as per LIC Cash Accumulation Scheme.The liability for
gratuity to the extent not covered by the scheme is provided for in the accounts. /
• Revenue from sales transactions is recognised as and when the property in the goods is
transferred to the buyer for a definite consideration. Export incentives are recognised on
accrual basis. /
• Contingent liabilities are generally not provided in the accounts and are shown in item No.1
of Notes on Accounts. /

INTERNAL FINANCIAL CONTROL SYSTEM

The company has a well defined internal financial control system.Transactions are
authorised and correctly reported.Control systems are periodically reviewed by the
management and the audit committee
 MARKETING DEPARTMENT

A good and effective marketing of the products not only ensures the expected sales but also
increases the good will of the company and in the long run the company earns the reputation that
helps it become the reputed and respected companies compared to the newly formed competitors
in that field..Companies marketing structure as follows

MARKETING MANAGER
|
MARKETING COORDINATOR
|
MARKETING EXECUTIVES
|
|MARKETING REPRESENTATIVES

Due to the high standard of product quality and excellent customer satisfaction has enabled the
company to perform well in domestic, national as well as international market. The company has
succeeded in getting bulk production orders though out the year hence it works round the clock.

MARKET SEGMENTATION:

Market segmentation is the process of segmentation of the entire market into different segments.
Each segment consists of a different set of people with similar set of wants and aspirations.
Western India cottons ltd has divided the market into three categories:

1) DOMESTIC MARKET
2) INDUSTIRAL MARKET
3) INTERNATIONAL MARKET
 HUMAN RESOURCE DEPARTMENT

EMPLOYEE SUPPORT MECHANISM

The company has a Whistle blower policy which has been communicated to the
employee. The policy provides a mechanism for employees to report their concerns
about un ethical behaviour , actual or suspected , fraud or violation of company ,
code of conduct and provides safeguards against victimisation of employees who
avail the mechanism

WAGE PAYMENT:

Western India Cottons provide proper and precise incentive scheme for compensation for its
employees. It includes:

1) Basic Pay + VDA + HRA ( 10% of Basic Pay )

2) PF for each employees is Basic Pay + 12% of DA
3) ESI collected from employees with a salary of Rs 1500 per month is 1.75%. While for
employees it is 4.75%.
4) VDA (Variable Dearness Allowance) is calculated from the VDA list issued by the
department of statistics.

TRADE UNIONS OF WICL:

Western India Plywood’s has many trade unions for its workers. They are listed as follows:

1) CITU- Affiliated to CPM

2) INTUC- Affiliated with Congress
3) AITUC- Affiliated with CPI
4) STU- Affiliated to Muslim League.
 TICKET OR ATTENDANCE CARDS:

Ticket or attendance cards are given to every worker in the company. It is issued free of cost and
shows important details like his name, classification etc. While coming to work every day in the
company every work man shall punch his card or ticked at the place provided in the time office.

A punching machine is kept that immediately punches the date and time to the card. These
tickets are kept on the shelf next to it according to the classification which is later collected by the
time clerk. Similarly a worker should punch his card after his shift work is over.

If a workman fails to punch the attendance card he will lose the attendance for the period. Unless
he makes a report to the manager his failure within the next two hours.

ATTENDANCE AND LATE COMING:

All workers should be at work at the time fixed and should punch the cards appropriately. If a
workman attending late or reasonable up to a period of one hour and not exceeding three times a
month may be admitted for work and such workman are liable to deduction provided in for the
payment of the Wages Act, 1936. If a workman attends late for more than 3 times a month he will
be treated as absent.

If a workman leaves the factory premises during the work hours without any prior permission from
the concerned authority shall be liable to be treated as absent for the whole day. A worker can
leave the premises on official company work.

LEAVES AND HOLIDAYS:

A worker will be allowed to take leaves with wages according to chapter VII of the Factories Act.
In case of the monthly paid workman, the wages with leave will be allowed when he takes leave
in any particular period of month. He will get wages for the leaves taken this way.

National and festival holidays will be allowed to workers with wages according to the Kerala
Industrial Establishment Act (National and festival holidays). These leaves are allowed according
to this act and they will also receive a festival bonus.
Leaves for situations like maternity leave, accidental leave etc will be allowed to the workman
according to Employees State Insurance (ESI). They should be applied early and must contain
valid proof like medicinal certificate, doctors documents etc.

Workman can also take a causal leave without wages for ten days in aggregate in calendar year.
All the leave applications should be submitted in a prescribed leave form and should be forwarded
through the head of section of the Manager whose decision shall be taken.

TERMINATION OF EMPLOYMENT:

An employee can be terminated from his employment in case of misbehaviour, or bad conduct,
or constant late arrival or any other particular reason. A permanent worker can be terminated from
the work by giving one month notice prior stating the reasons and other information regarding his
termination. The reason for the termination are noted and recorded in writing and shall be
communicated to the workmen.

No temporary workman. Whether monthly paid or weekly paid and no probationary workman shall
be entitled for any pay when he is terminated. The workman will be given a chance to explain or
defend against the charges of misconduct alleged against him. Where the employment of any
workman is terminated the wages earned by him and other dues that the company owes to him
shall be paid within a period of 3 days since his termination.

RETIREMENT:

Any workmen who is declared mentally unfit or found be of continued ill health or reached the
age of 58 shall be retired from the service according to the Gratuity Act. The permanent worker
can also opt for voluntary retirement and has to give fourteen days notice prior to his retirement.

2.4.7 WELFARE ACTIVITY:

The following are the welfare activities provided to the employees of Western India Cottons Ltd.
They are listed as follows:

1) E.S.I Scheme
2) Workers canteen and subsidized rates
3) Staff Mess
4) Co-Operative credit society
5) Medical re-imbursement for those not covered in E.S.I
6) Ambulance facilities

PRODUCTION DEPARTMENT

PRODUCTION PROCESS OF YARN

RAW METERIAL
|
MIXING
|
BOLW ROOM
|
CARDING
|
DRAWING
|
SIMPLEX
|
SPINNING
|
WINDING
|
PACKING
 CHAPTER 3
STUDENT EMPLOYEE DUTIES
 WORK LOG

DATE DEPARTMENT SUMMARY

01/08/2020 - Internship training class

taken by Mr.Abdul Azeez
(trainer)
02/08/2020 holiday -
03/08/2020 - Internship training class
taken by Mr.Abdul Azeez

(trainer)-

04/08/2020 - Internship training class

taken by Mr.Abdul Azeez

(trainer)-

05/08/2020 Production department Checking the works of

production department
06/08/2020 Production department Checking the works of
production department
07/08/2020 Production department Checking the works of
production department
08/08/2020 Quality control department Assisted quality manager in
checking and assuring
quality of yarn,cotton
&cloth
09/08/2020 Finance department Verifying and maintaining
balance conformation letter
and keeping record of it.
10/08/2020 Finance department Verifying and maintaining
balance conformation letter
11/08/2020 Purchase department Puchase ledger verification
12/08/2020 Purchase department Puchase ledger verification
13/08/2020 Finance department Bank receipts from RTGS
and NEFT has been
recorded and verified with
the help of financial
manager
14/08/2020 Finance department Bank receipts from RTGS
and NEFT has been
recorded and verified with
the help of financial
manager
15/08/2020 holiday -
16/08/2020 holiday(containment zone) -
17/08/2020 holiday(containment zone) -
18/08/2020 Stores department(Logyard) Logyard register has been
maintained with the help of
logyard keeper.
19/08/2020 HR department Verified leave register and
overtime register of
employees with the help of
HR manager
20/08/2020 HR department Verified leave register and
overtime register of
employees with the help of
HR manager
21/08/2020 Finance department Recorded diesel expenses
22/08/2020 Finance department Recorded diesel expenses
of factory vehicles on diesel
 register
23/08/2020 holiday -
24/08/2020 Purchase department Puchase ledger verification
25/08/2020 Finance department Bank receipts from RTGS
and NEFT has been
recorded and verified with
the help of financial
manager
26/08/2020 HR department Verified leave register and
overtime register of
employees with the help of
HR manager
27/08/2020 HR department Verified leave register and
overtime register of
employees with the help of
HR manager
28/08/2020 holiday

29/08/2020 Finance department Recorded diesel expenses

of factory vehicles
30/08/2020 Finance department Previous year financial
reports and other records
have been studied
31/08/2020 holiday -
 CHAPTER 4
COMPETITIVE ANALYSIS
 SWOT ANALYSIS

STRENGTH
🞂 The company has a management team that prides itself with vast knowledge in the
textile industry, which makes the company procedure products that are required in the
market.
🞂 Availability of skilled man power
🞂 Financial balance of the company
🞂 Unique strength in traditional handloom and handcraft

WEAKNESS
🞂 Changing global prices on cotton products might affect production costs resulting to
extra costs for the company
🞂 Absence of technological advancement

OPPORTUNITY
🞂 The favorable government laws on foreign direct investment are favorable for the growth
of the cotton industry.
🞂 The growth of the domestic and foreign market for cotton products is sufficient
opportunity for growth and expansion of the company

THREAT
🞂 Unfavourable labour laws
🞂 High interest rates have made it difficult to access bank loans for expansion
🞂 High cost of power and other indirect tax tariffs for raw materials has also increased the
cost of production for the company
🞂 Fluctuating foreign currencies against Rupee
 FIVE FORCE ANALYSIS

The major elements that include under this model are as follows:

1. Rivalry among existing competitors.

2. Bargaining power of Suppliers .
3. Bargaining power of Buyers.
4. Threat of Substitutes.
5. Threat of new entrants.

1. Rivalry among existing competitors – HIGH

2.Bargaining power of Suppliers – HIGH
3.Bargaining power of Buyers - – HIGH
4. Threat of Substitutes - – HIGH
5. Threat of new entrants.- – HIGH
 CHAPTER 5
FINDINGS, RECOMMENDATIONS & CONCLUSION
 FINDINGS

❖ PUNCH CARD SYSTEM, CANTEEN AND STORE FACILITIES:

The company has installed a punch card system, and has also provided good canteen and store
facilities for its workers and employees.

❖ WELFARE & SAFETY MEASURES:

The welfare measures taken by the company for its employees are satisfactory however the
safety measures of the workers are not up the mark and needs improvement.

❖ TOP QUALITY PRODUCTS:

Western India Cottons focuses on producing products that are of the top class quality and delivered
right on time.

❖ QUICK TRANSPORTATION FACILITIES:

The company is located near all the modes of transportation. Waterways, railways, roadways etc.
So transportation of the goods is very fast and smooth and the company has a number of choices
of transporting.

❖ LESS IMPORTANCE TO ADVERTISEMENT

Less amount is spend for advertising and hence the advertisement budget is low.

❖ SOME RECORDS STILL NOT COMPUTERISED

RECOMMENDATIONS
The following are the main suggestion that can be implemented in the company:

✓ IMPROVEMENT OF MARKETING AND PROMOTION:

The company needs to improve in its marketing and promotional techniques. The online marketing
should be used to gain new market and customers.

✓ IMPROVEMENT IN SAFETY OF THE WORKERS:

The company should take necessary steps in order to improve the safety of the workers especially
for the workers engaged in production department as they deal with heavy machines.

✓ GOOD MEDICAL FACILITIES:

The company should work to provide good and timely medical facilities to the workers. Since
the workers may suffer from dizziness, fatigue, respiratory problems in work.

✓ FORMATION OF WORK COMMITTEES:

The company can take steps in formation of the work committees which helps in maintaining good
industrial relation.

✓ SUGGESTION SYSTEM:

The management can adopt suggestions system for getting various suggestions which can be useful
and implemented to smoothen the overall working of the company.

✓ IMPROVING THE MORALE OF WORKERS:

The company can take steps in order to motivate and increase the morale of the workers. The
company can introduce personality development and training programs for the workers in order to
improve their productivity and efficiency in an overall manner.

✓ INCREASED STORAGE AREA:

The company should focus on increasing the storage area. In the future when there is high demand
more storage space is required for storing raw materials, finished products etc.

✓ PUT EFFORTS ON TECHNOLOGICAL UPDATION

 CONCLUSION

This internship training in Western India Cottons has given me a clear idea about how the
organization functions in this efficient yet effective manner. The organization is based on many
rules, policies, programmers and procedures followed carefully and accurately. There is effective
utilization of resources, excellent coordination between the departments and every employees
contributes his best to the company.

Western India Cottons is successful in maintaining a cordial relationship between each and every
worker and employee in the company. Here each and every department is aiming to achieve the
primary goal of the organization. Every person who works in this company contributes his share
to his maximum. The company takes care of its workers and employees by providing them with
welfare measures and health facilities rather than just making profit.

However despite the company’s overall efficiency there are some problems or short comings
which if given proper attention can be solved and this in turn can take company to new heights..

Overall we can say that Western India Cottons is a company that stands by its policies and
considers the customer as the true king in the market. It does not compromise in any way regarding
the quality of the product and thus has bright future ahead in this industry.

I have got nice experience in Western India Cottons.Ltd..

BIBLIOGRAPHY
 BIBLIOGRAPHY

🞂 www.westernindiacottons.com

🞂 in.kompass.com-the western india cottons ltd.

🞂 https://www.goodreturns.in/company/western-india-cottons/profile.html

🞂 business.maosofindia.com-textile

🞂 www.wikipedia.org.wiki.Textile

🞂 www.investindia.gov.in-cotton-textile