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CHAPTER1 INTRODUCTION ABOUT THE SUBJECT
An organization is a group of people bound together in formal relationships to achieve organization as an entity and other refers to organization as a process.
Organization exits in all important phases of man life. A man is born in an organization (hospitals) he is educated in an organization (schools, colleges and universities) he also satisfies the various security and egoistic need through organization. There are three common characteristics in each of these organization, they are They are made up of people. They all have a distinct purpose of goal to achieve. There is a degree of formality in each organization that results in definition of imitation of the behavior of its members. The second meaning of the organization is that it is the process of structure of arranging the parts of which the organizing has an entity is composed. Organization is the process of defining and grouping the activities of the enterprises and establishing the authority relationship among them.
PURPOSE OF THE ORGANIZATION
The purpose of the organization is thus to fulfill the enterprise needs and wants that includes the following:
Government R.C College of Commerce & Management, Bangalore-01.
Subadra Textile Private Limited., Bangalore.
It embodies the objective of the enterprise. It helps to show the objective into functional and sub divisional goals at the different levels portrayed in the organizational chart. It each helps the manager to see his accessibility and who is in sphere of command. The manager is aware of his rights of and responsibilities of the coordination with other levels.
IMPORTANCE OF THE ORGANIZATION
1). Make the management simple and efficient. 2). Encourages specialization. 3). Improves techniques. 4). Increases productivity. 5). Accelerates the progress.
CHARACTERISTICTS OF THE ORGANIZATION
Organization is an effective and necessary instrument for the attainment of predetermined goals. The following are the main characteristics of the organization. 1. Organization is an Instrument, used by the management for the attainment of the preplanned objectives. 2. Management guides and directs the organization. 3. A set of rules sub rules and instructions are communicated to all connected to the organization. 4. It denotes a group of personal‟s whose positions, rights; responsibilities are well defined and classified according to nature of the assignments. 5. It also denotes the process of classification and sub classification of jobs, duties and authority on the one hand and procedures of production and others performances in other hand.
Government R.C College of Commerce & Management, Bangalore-01.
Subadra Textile Private Limited., Bangalore.
A set of five processes is commonly accepted as five functions of organization, they are:
Sub division of main work into small groups Based on principles of equality decision of different activities into certain well defined groups. Selection of suitable personnel‟s and allocations of jobs according to suitability. Allotment of rights and authority of personnel who have been assigned the job so they can be able to accomplish their job satisfactorily Determination of position at different.
Government R.C College of Commerce & Management, Bangalore-01.
Subadra Textile Private Limited., Bangalore.
CHAPTER 2 INDUSTRY PROFILE History of Textile
The history of textile is almost as old as that of human civilization and as time moves on the history of textile has further enriched itself. In the 6th and 7th century BC, the oldest recorded indication of using fiber comes with the invention of flax and wool fabric at the excavation of Swiss lake inhabitants. In India the culture of silk was introduced in 400AD, while spinning of cotton traces back to 3000BC. In China, the discovery and consequent development of sericulture and spin silk methods got initiated at 2640 BC while in Egypt the art of spinning linen and weaving developed in 3400 BC. The discovery of machine and their widespread application in processing natural fibers was a direct outcome of the industrial revolution of the 18th and 19th centuries. The discoveries of various synthetic fibers like nylon created a wider market for textile products and gradually led to the invention of new and improved sources of natural fiber. The development of transportation and communication facilities facilitated the path of transaction of localized skills and textile art among various countries
Indian textile history
Indian textile enjoys a rich heritage and the origin of textiles in India traces back to the Indus valley Civilization where people used homespun cotton for weaving their clothes. Rigveda, the earliest of the Veda contains the literary information about textiles and it refers to weaving. Ramayana and Mahabharata, the eminent Indian epics depict the existence of wide variety of fabrics in ancient India. These epics refer both to rich and stylized garment worn by the aristocrats and ordinary simple clothes worn by the common people. The contemporary Indian textile not only reflects the splendid past but also cater to the requirements of the modern times. Until the economic liberalization of Indian economy, the India Textile Industry was predominantly unorganized industry. The opening up of Indian economy post 1990s led to a stupendous growth of this industry.
Government R.C College of Commerce & Management, Bangalore-01.
Subadra Textile Private Limited., Bangalore.
Vision India 2010 for Textiles
▪ Textile economy to grow to $ 85 bn. by 2010. ▪ Creation of 12 million new jobs in Textile Sector. ▪ To increase Indians share in world trade to 6% by 2010. ▪ Achieve export value of $ 40 Billion by 2010. ▪ Modernization and consolidation for creating a globally competitive industry.
INDIAN TEXTILE IDUSTRY
The textile industry occupies a vital place in Indian economy and contributes substantially to its exports earnings. India Textile Industry is one of the largest textile industries in the world. Today, Indian economy is largely dependent on textile manufacturing and exports. India earns around 27% of the foreign exchange from exports of textiles. Further, India Textile Industry contributes about 14% of the total industrial production of India. Furthermore, its contribution to the gross domestic product of India is around 3% and the numbers are steadily increasing. India Textile Industry involves around 35 million workers directly and it accounts for 21% of the total employment generated in the economy.
India is the world‟s second largest producer of textiles after China and USA and the second largest cotton consumer after China. The textile industry in India is one of the oldest manufacturing sectors and is currently the largest in the country. India is among the top 10 economies of the world with a GDP of $2.4 trillion USD. The current growth in the index suggests that the outlook for the Indian economy is going to be buoyant in the times ahead, so will be the textile industry which accounts for 20% of its industrial production employing 15 million people. 30% of India‟s export basket consists of textiles and garments, making it the largest contributors. India has the largest cotton acreage of 9 million hectares and is the third largest producer of this fiber. It ranks fourth in terms of staple
Government R.C College of Commerce & Management, Bangalore-01.
polypropylene etc. In fact.). viscose. Page 6 . Bangalore. Standing alone. for spinning weaving and made-ups to manufacturer of garments.Subadra Textile Private Limited.C College of Commerce & Management. Bangladesh and Sri Lanka already export around US $12 billion to global markets. Indian industry has over the years steadily diversified its raw material base to include man-made fibers such as polyester. India is being seen by more and more customers as a hub. rather than a standalone sourcing opportunity. although cotton has the largest share (around 58% of mill consumption). foreign retailers like Wal Mart. In apparel alone. Among fibers.. including sourcing from Bangladesh. and the Aditya Birla group. a number of textile firms installed new capacities to the tune of 6. GAP. Levis. India. Global trade in textiles and apparel is expected to increase US $ 600 billion by 2010. Bangalore-01. acrylic.2 million units. Government R. which is world‟s largest producer of viscose fiber). (Accounting for around 39% of raw material consumed ). linen etc. India‟s production of synthetic yarn and fabric are also showing a healthy rise and has grown at 75% and 60% respectively in the last two years. even more interesting is India‟s position as a regional hub. Considering the natural competitive advantage the India has in terms of a strong and large multi-fiber base. Indian companies have built global scale even in nontraditional areas (such as Reliance industries in Polyester. J C Penny. India exports about US $13 billion of textiles and apparel products and this figure is has grown up to US $30 billion in 2008. abundant cheap skilled labour and presence across entire value chain. and Marks & Spencer and NEXT has increased their sourcing from India in a big way. and are growing further. The country accounts for about one fourth of global trade in cotton yarn besides having high level of operational efficiencies in spinning and weaving: around 96% for spinning and 85-90% for weaving. Anticipating an increase in demand. as well as other natural fibers ( including silk. Fiber production and sixth among filament yarn production. However. Sri Lanka and Nepal. wool.
Bangalore-01. Government R. Bangalore. Infrastructure bottlenecks such as power. India’s world market share in Textile Industry Source . particularly in Tamil Nadu. Less export orders due to reductions in inventories by global retail giants like Wal-Mart 3. Page 7 .Subadra Textile Private Limited.Industry. Why so? These are the reasons: 1.C College of Commerce & Management.. Global recession 2. I-SEC Research Where Does the Indian Textile Industry Stand Now? General impressions of the Indian textile industry leaders in the past few days make us understand that the industry is in a pinch. Price of raw materials like cottons and 4.
Is there a panacea to the complexities surrounding the India Textile Industry? Government R. With the opening of world markets and the abolition of textile quotas since 2005. Bangalore-01. Road Ahead for the Indian Textile Industry As the saying goes in the financial sector. is a highly unorganized Industry and needs major up gradation. it is not advisable to put all eggs in one basket. but also investments are not adequate to cope with the quality and quantity to cater to the export market. Vietnam and Thailand. It has been recently reported that textile exports in 2009-10 period will be equal or could be even lower than the one achieved in 2008-09. which enables value-addition. Indian textile industry should have focused on all major sectors right from fiber to fashion and planned for an organized growth across the supply chain so as to compete with China and even countries such as Pakistan. Page 8 . But. Bangalore. Instead. the industry turned a blind eye on value-adding sectors such as weaving and finishing.. Indian power loom sector. hindsight is always 20-20. what should the Indian textile industry do? In the times of adversity. Although it is a positive outcome. In this global financial meltdown situation. This is clearly evident in the utilization of Technology Up gradation Fund Scheme effectively by the spinning sector.C College of Commerce & Management. Technical textiles sector is still in its infancy and a tangible growth will be highly visible by 2035 when the growth in this sector will be exponential. Not only India does not have world quality indigenous shuttle less looms. it is an immediate task for all stake holders to pause for a moment and take stock of the difficulties and chart plans for sustainability and growth of the Indian textile industry. there came a negative situation as well. This is what happened somewhat in the case of the Indian textile industry.Subadra Textile Private Limited. in my opinion. the industry had put majority of its stock in the spinning sector.
Since launch of "Technology Mission on Cotton" by Government of India in February 2000 significant achievements have been made in increasing yield and production through development of high yielding varieties. technical textiles sector from a non crawling phase to at least a crawling industry in the next three years..C College of Commerce & Management. Bangalore. end-users and the Government to undertake a moonshot and come-up with alternatives to European Machinery. appropriate transfer of technology. if dedicated efforts are undertaken with the financial support for R & D by the Government through its various schemes. organized for the past five years in Coimbatore by Texas Tech University. better farm management practices. Nonwoven and Technical Textiles". Page 9 .. General awareness on nonwoven and technical sectors has been created with the recent marathon training workshops and conferences such as. All these developments have resulted into a turn around in cotton production in the country since last 2/3 years. This should be doable within the next five years. increased area under cultivation of Bt cotton hybrids etc. A major thrust here is to have consolidated efforts by Indian Textile Machinery Manufacturers Association.Subadra Textile Private Limited. These have put India on the international map in technical textiles. Some Solutions for the Growth of Indian Textile Industry A couple of points given below will give food for thought for all the stake holders in the Indian textile industry: 1. 2. Inch forward in the non-commodity textile sector. which the weaving sector can afford. Bangalore-01. USA and those such as the Excellence and IIT's Technical Textiles conferences. The yield per hectare which has remained stagnant at about 300 kg/ha for more than 10 years. The weak links in the Indian conventional industry such as weaving and finishing have to be strengthened. i.e. Government R. "Advances in Textiles. increased substantially and had reached a level of 567 kg/ha in cotton season 2007-08.
Bangalore. are having the potential to take the current productivity level near to the world average cotton production per hectare in the near future. the cotton textile industry has the highest incidence of sickness. The soft loan scheme was introduced a few years back and some units were able to take advantage of the scheme and modernize their equipment. production and yield in the country over the last ten years is enumerated as under: PROBLEM FACED BY THE TEXTILE INDUSTRY IN INDIA: Following Problems are faced by Indian textile industries: Sickness: Sickness is widespread in the cotton textile industry. As many as 125 sick units have been taken over by the Central Government. Not many companies would be able to find resources internally and will have to depend on financial institutions and other sources. During the last two decades the excessive regulations exercised by the government on the mill sector has promoted inefficiency in both production and management. Obsolescence: The plant and machinery and technology employed by a number of units are obsolete. Bangalore-01. Government Regulations: Government regulations like the obligation to produced controlled cloth are against the interest of the industry.Subadra Textile Private Limited. Progress with regard to area. The fundamental changes that taking place in the realm of cotton cultivation in the country.C College of Commerce & Management. the problem has not been fully tackled and it is of utmost importance that the whole industry is technologically updated.. This need was foreseen quite some time back and schemes for modernization of textile industry had been introduced. The need today is to make the industry technologically up-to-date rather than expand capacity as such. This has also resulted in a colossal waste of raw materials and productive facilities. Page 10 . After the engineering industry. the mills are not allowed to use filament yarn in warp in order to protect the interest of art silk and power loom sector which use this yarn to cater to the affluent section of society. However. Government R. For example.
Page 11 . being largely dependent on the climatic factors. take of stock resulting in Government R. Bangalore.. the total raw cotton production is subject to wide fluctuation causing serious problems for the mills in respect of the supply of this vital raw material.C College of Commerce & Management. Low Yield and Fluctuation of Cotton Output: The cotton yield per hectare of land is very low in India. Accumulation of Stock: At times the industry faces the problems of very low off accumulation of huge stocks. This results in high cost and price. Labour Problems: The cotton textile industry is frequently plagued by labour problems. Further.Subadra Textile Private Limited. Bangalore-01. The very long strike of the textile workers of Bombay caused losses amounting to millions of rupees not only to the workers and industry but also to the nation in terms of excise and other taxes and exports.
Subadra Textile Private Limited.35 lacs.Avrm Shankar Narayian Mudalpyar Subadra Textile Private Limited Magadi Dasarahali Bangalore-560076 Telephone Tele/fax E-mail Bankers Auditors 080-23300167/23352337 080-2330454 subadratex@dataone.R. Bangalore-01.M. Chartered Accountants Legal Advisor Company Lice Central Sales Tax No PAN No TIN Mr. In 1979.in Canara Bank vijayanagar Branch V. Later the name was changed to Vijay Kumar Spinning Mills.Ravi-Advocate MYB_1283 01250279 AACCS 7469L 29370050200 Government R.Govind Rajlu &co. Afterwards the name was again changed to Bidra Spinning Mills. The initial investment was Rs. These 35 lacs were used to purchase land..C College of Commerce & Management. Bangalore. the name was again changed to Subadra textiles Private Limited. Page 12 . The number of workers was not too much when the company was started.C.co. Promoters Address Mr. machinery and construction of buildings and to hire workforce. CHAPTER 3 COMPANY PROFILE HISTORY OF COMPANY: Subadra Textile Private Limited was started in 1963 by AVRM SHANKARA NARAYIAN MUDALIYAR.
The build up area consist of production block.000 spindles capacity with a daily production of 3.700 Acres. The unit is exclusively specializing in production of fine combed cotton yarn of range 60s to 80s count for knitting and weaving both single and double. office area. In the process only the best yarn is sent out of the mill. DG room.C College of Commerce & Management. Bangalore-01. Waste water discharged from domestic is let into septic tank is cleaned periodically. Total number of employees is 250 including skilled. Page 13 . which is very good manure. semi-skilled and unskilled workers. SITE DESCRIPTION Topographical. The facility consists of 4. STPL has a sophisticated and an in house quality lab with an evenness test Government R.005 area and Vacant land 0. Compressor Room etc. Subadra Textile Private Limited (STPL) has been in the forefront of manufacturing and supplying high quality 100%Cotton Yarn for domestic and global markets adapting itself to the latest technology and sophisticated machinery from time to time with a commitment to supply quality yarn. Quality being the buzz word. manger and administrative staff. INTRODUCTION OF COMPANY Subadra Textile Private Limited is situated at Magadi Road. the fastest growing city in South East Asia.000 kgs. the LMW series along with 338 models Siro Clearer and a host of other machinery. The workforce is complimented with the state -of. Dasarahalli. Bangalore.Subadra Textile Private Limited.705 acres of which Build up area 4. The dried sludge cake obtained from the septic tank. It is one of the leading spinning mills in south of India it has 25.. supervisors. also considered as Silicon Valley and the knowledge capital of India.the-art machinery. Subadra Textile is situated in Bangalore. Water used at the site is drawn from own bore well . the plant is situated in a way land surrounded by several existing small scale industries and commercial area. engineers. Subadra Textile has a highly qualified technical and administrative team with a very skilled workforce and each of them is a quality controller by themselves. Bangalore. there is no separate well for drinking purpose at the site.
assuring quality services and meeting the needs of all customers and employees. Bangalore-01. Bangalore..5 Acres one building one building one building one building one building one building one building VISION To be a world class manufacturing and exporter of combed yarn by establishing a huge market in the home country and world by effective delivery mechanism. Subadra Textile is diversifying to go for compact. This helps in maintaining the consistency of not only the raw material but also the final product. Subadra Textile has successfully marketed its yarn both in the domestic and international market and is renowned for its consistency and commitment. Besides the present product of exclusively specialized fine combed cotton yarn of range 60s to 80s counts for knitting and weaving both single and double.Subadra Textile Private Limited. UT-4 (USTER) along with other test equipments. COMPANY INFRASTRUCTURE Present Land area Staff Quarter Canteen A Mill spinning Preparatory B Mill spinning Personnel office Workers quarter : : : : : : : : 6. Government R. Page 14 . It is now geared to expand its horizons and confront the existing international standards as always.C College of Commerce & Management. gassed and TFO yarn to compete and stay abreast with international trends.
Serving and supporting the society in which we work QUALITY POLICY We commit to enhance our customer satisfaction by providing constant quality yarn at competitive price and well in time. Page 15 . Marketing focus on the changing customer needs and change of the product suited to customer requirements. CONCRETE VISION ELEMENS Modernization. expansion and technological up gradation to achieve international standards of excellence. Government R. We wish to: Manufacture high quality yarn to withstand high levels of competitiveness. and teamwork. work environment and resources. We will also continuously improve our quality management system through appropriate training. To use latest technologies in manufacturing process.C College of Commerce & Management. To provide a safe working environment for the employees. Bangalore. To operate the business with high motivation and deep commitment. Promotion of export and earning valuable foreign exchange for the country. Design. We will strive hard to achieve the objectives and goals set for each department through involvement. Cost effectiveness in all areas of operations and effective Management to meet global competition MISSION Mission is to create conditions and infrastructure for sustainable procurement and production of textile products. leadership. manufacture & sell high quality and affordable apparels accessories. Bangalore-01.Subadra Textile Private Limited.. Regular up gradation to face global challenges and competitio from developing countries.
Bangalore Contact: 2/2 Mayura Mansion 1st Crs Gnd Ngr-560009. Sri Subramaneswara Silk Koti Category: Textile Manufacturers . Sri Umashankar Dyers Printers Category: Textile Manufacturers .Bangalore Contact: 248/B 3rd Blk R Ngr-560010.C College of Commerce & Management. Government R. QUALITY OBJECTIVES Conformance to approve specification/systems Product review and improvement To remain competitive in international market To provide leadership to effect attitudinal changes in human resource customer training Systematic selection of supplies Competitors: Sri Maruthi Textiles Category: Textile Manufacturers . R S Harinath 192 Gowramma Hostel Bldg Ch Pet-560053.Subadra Textile Private Limited. Bangalore-01. Sri Subrmanyeswara Hall Category: Textile Manufacturers .Bangalore Contact: Mr.. Page 16 . Bangalore.Bangalore Contact: 3 Chandra Bldg Av Rd-560002. Sri Satya Textiles Category: Textile Manufacturers .Bangalore Contact: 19 Gundapanth St Av Rd Crs-560002.
. Sri Venkateswara Trading Corporation Category: Textile Manufacturers .Bangalore Contact: 17/7 J M Rd Crs Ramanapet-560002. Bangalore-01.C College of Commerce & Management.Bangalore Contact: 710 Ch Pet-560053. Bangalore.Subadra Textile Private Limited. Page 17 . Sriram Distributors Category: Textile Manufacturers . BRANCHES OF SUBADRA TEXTILE Thiruvanna Mali production of yarn. Sri Venkateshwara Textorium Category: Textile Manufacturers . : situated in Tamil Nadu and is also engaged in the Government R.Bangalore Contact: 7 Anand Bhw Bldg Cpet-560053.
60s count.. The different counts which the company produces are as under: 50s count. Although this waste is also sold but at lower prices to other yarn producing mills. 66s count. Page 18 . This is the product which will be produced in the Subadra textiles. 82s count. Yarn quality is identified in counts which mean more countless thickness and vice versa. The demanded counts are produced by purchasing the required raw material.C College of Commerce & Management. Bangalore. Usually the company produces only those counts which the buyer will demand. The company produces only combed yarn in which there is about 12-15% more waste than uncombed yarn. 81s count. CHAPTER 4 PRODUCT PROFILE There are different varieties of combed yarn which Subadra textiles produce. These are produced according to the demand of the customer and the different raw material which the company will get from different suppliers. The quality obtained from combed process is very high by which company has gained so much reputation in the market. Government R. Bangalore-01.Subadra Textile Private Limited.
C College of Commerce & Management. Another output which comes from the company is soft waste which the company sells to other spinning mills.. Government R. These products are used for different purposes. if the count is more it will be used to produce the high quality cotton garments like shirts. If the count is less. mats etc. These loosened fibers are lead into a spinning spindle under ideal conditions of temperature and humidity. These long fibers are joined together through spinning movement.Subadra Textile Private Limited. which is used for manufacturing towels. This waste is sold at 60% less than the amount at which the raw material is purchased. Bangalore. This material is used for producing 10s and 20s count. polyester is added to make a mixed product. WATER BALANCE Raw water consumption : Domestic Waste water generated : : 6. These cotton fibers are beaten in thresher to separate the fibers and make them loose. bed sheets. two or many fibers are twisted together to get thread of desired count. Bangalore-01.5 KLPD 3.4KLPD The waste water generated from the domestic use is connected to BWSSB Sewer line. Page 19 . MANUFACTURING PROCESS Good quality cotton is ginned and seeds are separated from fiber.0 KLPD 2. duties. curtains.
C College of Commerce & Management. Testing Investigator OFFICE MANAGER Accountant Godown Yarn sales Pur. Off.. Bangalore. Asst. Master ASM (Maint. Asst. ORGANISATIONAL CHART MANAGING DIRECTOR MILL MANAGER Spg. Officer Supervisor Wrapping Electrician Time Officer Per.) GC Officer Elec. Bangalore-01. Page 20 . Supp. Per. Attender A/C Asst. Central Exise Cashier Government R.Subadra Textile Private Limited. Asst.
Religion.Subadra Textile Private Limited.. The recruitment process is conducted on Sundays. Bangalore. etc are not taken into consideration. Most of labour is hired from places within Bangalore itself. cast. The total number of employees in the factory is 250. RECRUITEMENT POLICY: The mode of recruitment is direct walk-in. The candidate has to submit one photograph for any low post. The candidates has to submit age proof. The management is committed to treat all its employees with dignity and respect and to provide them best possible compensation. Page 21 . sex. Government R.C College of Commerce & Management. CHAPTER 5 HUMAN RESOURCE DEPARTMENT HUMAN RESOURCE POLICY: The company believes that their employees are their most valuable assets. Bangalore-01. safety and decent working conditions and motivate them to work with effectively and efficiently which is essential for the progress of the company. CRITERIA: Candidates for employment should fulfill the criteria of minimum age of 18 years and no labour less than 18 years will be employed strictly as on the date of reporting on duty. A pre-medical examination is conducted to find the stability of the candidate. The company prefers employees who have prior knowledge of working in similar industry. The employees must have passed a minimum of class 10th. The retirement age for all categories of employees if 58 years. The ability productivity experience and the educational qualifications of the candidate are the criteria for recruitment for any post.
INDUCTION AND ORIENTATION: Induction is conducted by the welfare officers to the selected candidates to enable them understand their job profile and the organization. it shall be deemed to be a permanent employee. Page 22 . Every employee is given a card and he has to mention his name and sign the card and handover the card to the time keeper who will record it in the company books. however if the employee is not terminated before completion of probation period of six months. ATTENDENCE: The present working hours are as per the general shift from 9:00-5:30 with one 30 minutes lunch break and amounting to eight working hours per day and 48working hours per week. The confirmation depends upon the performance during probation. Government R. PROBATIONARY PERIOD: The candidate s are appointed purely on probation for a period of six months.Subadra Textile Private Limited. Bangalore. Bangalore-01. Employees will have to leave the factory premises within 15 minutes of the closing hours. If they work for more than nine hours in a day and more than 48 hours in the week. TRAINING AND DEVELOPMENT PROGRAM: The employees are given training for period of 15 days in case they do not have any kind of experience in the sector.C College of Commerce & Management. they will be paid double the normal wages for over time work and exit at finish of work. SALARY AND WAGES: The employees are given wages according to government rules and regulations.. During the period of probation. it shall be open to the company to terminate the service at any time without giving any reason and without giving any notice or any payment in lieu of any notice.
All such employees are paid 15 days salary per completed year of service on leaving the service along with the final settlement. salary. Masks are provided to those operators working on over locking machines.Subadra Textile Private Limited. disability. Page 23 . religion. race. HOLIDAYS: All the employees are eligible for 10 days paid national and state holidays during a calendar year. advancement. This is governed by the national and festival and holidays act. DESCRIMINATION: The company does not discriminate in employment hiring.A is considered for payment of bonus. termination or retirement.33% is given to all the eligible employees only basic and D. GRATUITY: The payment of gratuity is governed by the payment of gratuity act. sexual orientation.. nationality or ethnic origin. The employees are provided with rubber mats working on electrical machines. age.C College of Commerce & Management. Government R. Only basic and D. First aid boxes are provided. all the employees who have put in minimum 30 days service during the accounting year become eligible for bonus and this will be paid within eight months from the closure of the financial year as per the statutory provisions minimum bonus of 8.A are considered for payment of gratuity. Bangalore-01. discipline. on the basis of gender. benefits. Bangalore. Al the employees ho have put in a minimum service of five years are eligible for gratuity. WELFARE FACILITIES: Canteen and lunch hall First aid room Ambulance Rest room SAFETY MEASURES: Fire prevention drill is conducted every two months. BONUS: Bonus is distributed to the eligible employee as per the payment of bonus act.
the committee shall recommend appropriate remedies after enquiring into the complaints. gloves and aprons to prevent any kind of accidents. Copies of the standing order both in Kannada and English are available for reference in the personnel department as well as displayed on the notice board. Use personal protective equipments while working in critical area. Any person who has a complaint of sexual harassment by any co employee in the course of his/her employment is at liberty to lodge a complaint to any of the member and action would be taken immediately. The committee shall enquire into problems of the employees with regard to difficulties in the work place and also service conditions. DISCIPLINARY PROCEDURE: Disciplinary procedure is detailed in the certified standing order of the country. Government R. Page 24 . In case of fire the emergency call point is used.C College of Commerce & Management. Chemical containers should be labeled properly. GRIEVANCE COMMITTEE: This committee facilitates the worker to reduce their grievance during their employment in the factory. Chemical operators are provided with mask. right to appeal etc are enumerated in the certified standing order of the company. and the procedure of enquiry punishment.Subadra Textile Private Limited. WELFARE ACTIVITIES COMMITTEES: Various committees to look after the welfare of the employees and address their grievances have been formed such as: WORKS/ HEALTH AND SAFETY COMMITTEE: The Works Committee ensure environmentally healthy and safe work atmosphere inside the factory. googols. Bangalore-01.. SEXUAL HARRASMENT PREVENTION COMMITTEE: This committee meets as and when the complaints are received by the employees with regard to sexual harassment. Bangalore. the details of misconducts.
C College of Commerce & Management.. Bangalore.HR Manager Sr. Page 25 . Bangalore-01.Subadra Textile Private Limited. STRUCTURE OF HR DEPARTMENT DGM (HR) HR Manager Dy.Administrator Personal officer Assistant P/O Clerk Government R.
Company purchasing department regularly respects the cotton and trims right at the manufacturing stage before shipment as well as on arrival of cotton in the warehouse. Page 26 . The tenders are selected by considering the following factors: 1. Government R. Bangalore-01. the orders are place at least two months prior to the requirement to avoid any kind of delay in production. PURCAHSING DEPARTMENT OR COTTON SECTION The section deals with the sourcing of good quality cotton for production. They have constant quality checks to maintain the quality standard. Bangalore. FABRIC SOURCING The factory believes in doing things right throughout the supply chain of ordering of cotton and trims to the final packing. Transport charges.Subadra Textile Private Limited.C College of Commerce & Management. Quality of raw material 5. The company produces 100% combed yarn. The raw material is mainly sourced from: Bangalore Other parts of Karnataka Tamil Nadu Andra pradesh And some raw material is imported from other countries like USA. The discount offered etc. Market Credibility of the Supplier. 3. Price 2.. 4.
Bangalore. MAIN SUPPLIERS Eashware Cotton Corporation The cotton corporation of India Limited.. Bangalore-01.Subadra Textile Private Limited. Page 27 . The cost per bale of cotton purchased from India is Rs.10800 and the cost of per bale imported from other countries is Rs.C College of Commerce & Management. Government R. 28000 approximately. Manjeet cotton private Limited Asian Daramkanta Srisai Balaji Lari Supply Office Sree Jaya Lakshmi Cotton Seed Corporation M/S Hari Krishna Cotton Traders Shree Gomathy cotton Agencies VARITIES OF RAW MATERIAL FROM INDIA MECH Bunny BBPRM MCU5 VARITIES OF RAW MATERIAL IMPORTED GIZA 86 TURKMANSTAN SZVULTIMA BIMA The grace period for suppliers is one month.
C College of Commerce & Management. Bangalore.Subadra Textile Private Limited.. Page 28 . STANDARD PROCEDURE BUYING Receiving samples Checking Quality Filing Tenders Selecting the best tender Giving Orders Receiving Raw Inspection of Raw Material Government R. Bangalore-01.
C College of Commerce & Management. STRUCTURE OF PURCHASING DEPARTMENT DGM(Purchasing) Sr.. Bangalore.Subadra Textile Private Limited. Page 29 .Manager Manager Deputy Assistant Government R. Bangalore-01.
the finance department came into existence. For effective and continuous working of organization. Page 30 . Bangalore. these functions effectively. This function should be well organized in a firm. accounts. OBJECTIVES To protect the financial interests of the company. Liaison with banks and financial institutes. collection and payment. So the finance department functions should be well organized in a firm. In this modern era of making money.. receivable owed by customers and cash and marketable securities used for transactions and liquidity purposes. It is master key. It helps in achieving the business results (profitably). However. the main thing which is required is money. At a given moment. Only when the funds are managed. this pool changes and these are known as funds flow. Controlling the inflow and outflow of cash. At any moment business firm can be viewed as a pool of funds. FINANCE DEPARTMENT Finance is the lifeblood of all business. investors or share holders. The duties of Finance department are to be perform. which provides access to all sources to be employed in manufacturing and merchandising activities. The department deals with the functions of financial matters and helps the management to access the status of the company and to take appropriate decisions to run the business in profit. Funds provided from these sources are committed to number of uses:: fixed assets used in production of product or services. It has been rightly said that business needs money to make more money. Managing the available monetary resources is the primary function of any organization. creditors who lend in money and past earnings retained in the business.Subadra Textile Private Limited. These funds come from a variety of sources. Financial planning and mobilization of cash. money can be spun by the company. finance is one of the basic foundations for all kinds of economic activities. Government R. inventory used in the production and to facilitate sales. This spinning of money out of money is entrusted with this department. Bangalore-01.C College of Commerce & Management. Monitoring the funds. It should be concerned with the activation of funds and wide applications of the funds. the pool of funds of the firm is static. To carry on this function.
The purchase is done in bulk depending on the availability and demand for finishing goods. Finished goods are valued at cost excluding excise duty. The credit period for raw material is 30 days for known customers and for new customers immediate payment is paid. Bangalore-01.C College of Commerce & Management. 7. WORKING CAPITAL It refers to the flow of ready funds necessary for the working of the organization. INVENTORY All raw materials will be one month stock level. Working capital = current assets – current liabilities The average working capital requirements per year are Rs. Government R. To exercise the cost control and cost reduction techniques.5 Crores. 2. PREPARATION OF ACCOUNTING: Financial accounting is prepared under the historical cost convention on accrual basis in compliance with as referred in section 211(3c) of companies Act 1956. To see that company does not suffer from want of finance. apart from investing in fixed assets every enterprise has to arrange for adequate funds for meeting day to day expenditure to keep it a going concern. Work in progresses is valued at material cost and no overheads are recognized. Bangalore. VALUATION OF INVENTORIES Raw materials are valued at weighted average cost. The final accounts are prepared (profit and loss A/c. To monitor the budget and budgetary control SIGNIFICANT ACCOUNTING POLICIES 1..Subadra Textile Private Limited. Balance sheet) on 31 October every year. Page 31 .
Page 32 . It is charged against profit and loss account in the year. 5000 or below is charged directly to revenue account. Government R. DEPRECIATION Depreciation on fixed assets are calculated on straight line basis. ADVERTISEMENT AND SALES PROMOTION EXPENSES The expenses incurred on the existing products of the company. Sale returns are accounted as reduction from current year sales irrespective of the year in which sales have accrued. No separate gratuity fund is credited. Assets calculated as per rates specified in schedule XIV of the Companies Act 1956. which is related. REVENUE RECOGNITION For domestic sales. Bangalore. sales are recognized t at the point of dispatch of finished goods. FIXED ASSETS Fixed assets are started at cost of acquisition or construction less depreciation.Subadra Textile Private Limited.C College of Commerce & Management. Fixed assets costing individually Rs. Bangalore-01. GRATUITIES AND LEAVE ENCASHMENT Gratuity and leave encashment are accounted on the basis of actuarial valuation..
Finance Manager Sr.C College of Commerce & Management. Bangalore-01.Subadra Textile Private Limited. Bangalore. STRUCTURE OF FINANCE DEPARTMENT DGM(FINANCE) Finance Manager Dy. Manager Manager Assistant Manager Clerk Government R.. Page 33 .
348.409 10.423.084 6.343.583) _ 114.380) 93.675.686 Sch No For F. PROFIT AND LOSS A/C FOR TE YEAR ENDING 31.733) XV1 XV11 XV111 X1X V Balanced Carried To Balanced Sheet (835.Y.256.2009-10 For F.847 177.281.508.148.03.942 (3.631.969.2008-09 Other Income Increases/(Decrease)in stock Total Expenditure Raw material Consumed Manufacturing Expenses Administrative Expenses Selling Expenses Interest & Financial Charges Depreciation Total Profit/(Loss)for the period Provision For Tax Provision For Fringe Benefit ax Tax Expenses(saving) X111 2.556 XV 99.Subadra Textile Private Limited.Y.120.2010 Particulars Income Sales X11 197.270.416.911) (835.394 3.212 4.108 10.380) Government R.934.005.139 (8.220. Bangalore-01.850 52.702. Bangalore.878) 174.346 203.733) (5.792) (5.315.109 14.804.664 17.423.C College of Commerce & Management.717.878 (1. Page 34 .473 15.475 183.587 (6.708 X1V 2.725.673.677 56.752.196 5.891.362.234.291) _ _ (507.760 204..
ACCOUNTING INFORMATION TILL MARCH 2010 Maintenance Cost Purchases Raw Material Sales Adding expenditure Bank finance Working capital requirements Asset values Capital investment Bank finance : 50 lacs : 45 lacs : 12 Crores.. Bangalore-01.5 crores : 10 crores : 50 lacs. : 18 Crores : 1 crore 10 lacs : 1 crore 20 lacs.C College of Commerce & Management. : 7. Bangalore. : 10 crore Government R. Page 35 .Subadra Textile Private Limited.
PRODUCTION DEPARTMENT The production department deals with execution of production and administration activities in the different sections confined to production. There are different knife like structures which open and clean the cotton. Bangalore. The product which comes out of this process is in the form of a sheet winded upon a round shaped plastic structure. Objects of blow room or blow room line are made of opening. This is the first stage where the cotton is being cleaned. 1. cleaning.C College of Commerce & Management. Blending: to blend the different cotton in the mix thoroughly to order to get constantly uniform yarn quality. Bangalore-01. lint loss damages fibers. Blow room: Cotton comes to the mill in the form of compress that is called “Bale”.Subadra Textile Private Limited. Lap formation: To compact lap suitably for carding. mixing or blending lap making machine. Cleaning: To remove the maximum possible crush and foreign materials. of yarn. The weight is usually 18 kgs. Production manager is the head of the department. The other machines make the cotton ready for the next process. Page 36 .. PRODUCTION CAPACITY: The Subadra Textile has 25000 spindles capacity with a daily production 3000 kgs. Machines used in blow room: Mixing bale open Mono cylinder Hopper feeder Step cleaner Porcupine opener Krischner beater Government R. Opening: To reduce the hard pressed bale of cotton to the smallest possible of tuft size.
160 hang or 3% variation. Bangalore-01. Government R. It is said to “card well to spin well”. Removing of napes and short fibers. 2. More wastage is produced in this process as compared to the other processes. 5. Drawing: The Purpose of this process is to make silver accumulating in the barrels properly and to coil them. 6.P Drawing: This process is done to get a required size of . Continuously cleaning the cotton.S. R.Subadra Textile Private Limited. This process cleans the napes and removes the small balls like structure in the cotton. Bangalore.C College of Commerce & Management. This thread is put in barrels with the help of machines Machines used in Carding: Both mechanical machines and electronic machines are used in this process. Lab Former: In this process the threads are again changed into sheet like structures to make them ready for another process.. Carding: The process of carding is the heart of the spinning operation. Comber: This can also be called as a cleaning process. Licker in or take-in Cylinder Doffer 3. The fiber is in the form of a thread as it will come out of this process. It combs the cotton like human beings comb their hair. 4. Conversion of lap into silver. The price of the final product also depends on this process. Carding is the only major stage for cleaning the cotton. Page 37 . The output is in the form of a thread.
This process also increases the weight of the yarn or bobby cone. Page 38 . Government R. Here the thread is twisted to give it more strength. as the winding process has been mentioned above. In this the bobby cones are packed in polythene packets.Subadra Textile Private Limited. 11. The fiber is rolled upon a cub board cone. Usually the company gives agreements to the local transport authority for dispatching of the products. Yarn Conditioner: it is meant for heating the bobby cone or Yarn so that unwinding becomes easy. 9. This packing saves the yarn from the external dust and moisture. Auto Coner: These are the latest machines used for winding. The output is usually according to the requirements of the customer. 7. Packing: It is the last process. Winding: Again the thickness is decreased and the required length is obtained. These processes make the bobby cone ready to face the external atmosphere. the final product will come out. The output is named as “bombo”. Simplex: From thread the fiber is rolled on round shaped plastic container called as bobbing. The thickness of the thread is more. Spinning: In this process the thickness is again reduced which is obtained from the above simplex process. These packets are put in one big polythene bag with an average weight of 50 kgs. Bangalore-01. These machines detect the weaknesses in the bombo which the earlier process has not detected. There are three auto cone machines which have been imported from Germany. The length is also decreased. This is again rolled on another plastic container. 10. These machines remove the less quality products so that only the exact quality can be ensured. Bangalore.C College of Commerce & Management. From this process only high quality products can pass. From this process.. The final product is named as “bobbin cone” 8. Dispatching: The final products are sent to the customers with the help of available medium of transport.
C College of Commerce & Management.. Bangalore. drawing Simplex Yarn conditioner Packing Dispatching Government R.Subadra Textile Private Limited. Bangalore-01.P. THE PRODUCTION PROCESS Blow room Carding Drawing Lab Former Comber R. Page 39 .S.
Licker in or take-in 10. Process Blow Process do do do do do do Carding Lickering in roller Wire clothed rolling on a carding machine Blow room Mixing Bale open Mono cylinder Hopper Feeder Step cleaner Porcupine opener Krischner beater Card 9. Doffer 11. 8. 7. Lab Former 13. Page 40 . Auto Cone 16. 3. Bangalore-01. 5. Bangalore. 2. 6. 4..Subadra Textile Private Limited. Comber 14. Ring Frame 15.C College of Commerce & Management. Machines used In Production Process Machines 1. Simplex Frame Drawing Lab Former Combing Spinning Auto Cone Simplex Government R. Draw Frame 12.
C College of Commerce & Management.Manager Manager Deputy Manager Sr. Bangalore.. Bangalore-01. Page 41 .Engineer Engineer Assistant Government R.Subadra Textile Private Limited. STRUCTURE OF PRODUCTION DEPARTMENT DGM(Production) Sr.
Periodical review of safety management system ensuring its continuity. Bangalore. Functions: Accident prevention To provide Personal Protective Equipments (PPE`s)like safety shoes to protect from piercing metals.C College of Commerce & Management. Safety policy: The following are the safety policies adopted by Subdra textile private limited. Co-ordination with concerned government agencies/regulatory bodies engaged in safety activities.Subadra Textile Private Limited. Communication of this policy to all employees and interested parties. to employees. Compliance with applicable legislation and regulation. customers and suppliers by proactive communication and training. Government R. Continual improvement in the safety management systems performance. This department takes in to account all the precautionary measures.. Enhancement of safety awareness amongst employees. Page 42 . SAFETY DEPARTMENT Precaution from accidents and taking suitable precautionary measures is the main activity of this department. adequacy and effectiveness.. safety belt etc. electric shocks etc. welding shields. Bangalore-01. contact from acids. This unit has board exhibiting details regarding the production process and safety measures to be taken by each and every section of the production department to enable the employees to function smoothly. Safety Education. suitability.
Flashers and red reflective tapes to be provided on driven piles. Check for potholes and unevenness in floor when using pallet carts & wheelbarrows. hold front end high and the rear end low. Page 43 .C College of Commerce & Management. Job specific PPE& safety devices to be provided. keeping the back straight and knees bent. When handling long objects. Reverse horn to be provided for all vehicles used within the premises. Fencing / Guarding of rotating parts of machines to be ensured. Do not over pile material such that it obstructs the visibility of the person handling. so as to make it easier to lift and push. Government R.. Close supervision should be provided from day 1. Any other safety measures relevant to the jobsite to be ensured. Ways to prevent accidents Material should be lifted with the leg muscle. Concentrate on the job you are handling. Trained „first aiders‟ with first aid station should be ensured. Bangalore-01. Contingency plan for all the catastrophes should be prepared. Emergency preparedness and response plan should be prepared and implanted. General safety Procedures Fire prevention and protection: Leakage of oil should be stopped. Housekeeping and cleaning in the work area to be maintained.Subadra Textile Private Limited. Bangalore. Job safety analysis to be prepared for critical activities. Heavy load should be placed well forward. Electrical safety precaution should be implemented to prevent electric shock.
Bangalore. failure of this management can lead to high penalty cost. To minimize operational costs through optimal maintenance. MAINTENANACE DEPARTMENT The department deals with the purchase and maintenance of all the machines. Effective maintenance management forms an important approach to reduce the total manufacturing cost and improves the productivity of Production process. The maintenance department in its day to day operations consumes the following materials: Diesel Lubricants Machinery parts Grease Electronic items Springs Government R. To ensure a longer life span of Plant and Machinery. Page 44 .Subadra Textile Private Limited.. Preventive maintenance system is practiced which prevents any kind of stoppage in production process. matters related to electricity and also ensuring smooth functioning of the factory. OBJECTIVES To maintain Plant machinery. Avoiding breakdown during the Production process.C College of Commerce & Management. Bangalore-01. Maintenance department at Subadra Textiles Private Limited is mainly a maintenance division and its main work is to maintain the machinery and import spare parts in an emergency basis.
Bangalore-01.C College of Commerce & Management. which constitute the important aspect of a company‟s marketing system. The following are the objectives of Marketing department: Setting up the marketing goals and objectives. Manufacturers first analyze the customer‟s needs and then plan his production to get satisfaction to the customers. Controlling the marketing program. creating new customer base and at the same time maintaining the existing customer loyalty. MARKETING MIX Marketing mix is the policy adopted by the manufacturers to get success in the field of marketing.. increasing market share. It emphasizes the customer‟s preference. Organizing the marketing function. Bangalore. To increase exports. They are: Product price Promotion Place Government R. Marketing Mix is the combination of four inputs. Ensure the marketing efforts are put into action. Page 45 . Developing the marketing plans. Every management is therefore concerned with the markets and market behavior to identify needs of the customer. MARKETTING DEPARTMENT OBJECTIVES The marketing objectives are set by Subadra textiles Private Limited is to increase the profit of the company through cost reduction.Subadra Textile Private Limited.
STANDARD PROCEDURE BUYING Receiving samples Checking Quality Filling tenders Selecting the best tender Giving orders Receiving Raw material Inspection of Raw material Government R.. Page 46 .Subadra Textile Private Limited.C College of Commerce & Management. Bangalore-01. PURCAHSING DEPARTMENT Purchase of better quality raw material with best price in time for production also in house required trims to meet delivery date. Bangalore.
STORES DEPARTMENT There are two types of stores present in Subadra Textiles Private Limited. it is being stored in the company stores. Raw material is purchased in bulk which is sufficient to run the production process for three to four days. Maruti industries (Bangalore). Page 47 . Bangalore-01. Raw material Store 2. This section also purchases the packing material required for the final product produced in the company. Lal Bag Traders (Bangalore). Machinery store: This section purchases and stores the machinery parts of the company.C College of Commerce & Management. When the raw material reaches the company. It receives the requirement of machinery parts from each department and purchases the required machinery. Narin Packing Industry. Raju & Sons( packing (boarls ) Government R. Bangalore. rain. temperature and external hazards.. 1.Subadra Textile Private Limited. The packing material is purchased from the following companies: Arethi Cones (Pondicherry paper cones). The structure and locality of the stores is in such a way that it protects the raw material from outside dust. Machinery Store Raw material Store: Cotton is the raw material used in the production of yarn.
Masks. leadership. Bangalore.C College of Commerce & Management. We will strive hard to achieve the objectives and goals set for each department through involvement.. QUALITY POLICY We commit to enhance our customer satisfaction by providing constant quality yarn at competitive price and well in time.T. and teamwork. All the production process is done under strict quality control (U.Subadra Textile Private Limited. ITEAMS PURCHASE BY STORES DEPARTMENT Machinery parts Oil Grease Packing material Woven base Cement fewikwik Paper co Blow room Electronic items Springs Belts Nylon bags ITEMS PURCHASED FOR SAFETY Gloves. Fire extinguisher First aid kit QUALITY ASSURANCE DEPARTMENT This department deals with the quality requirements/ parameters are being incorporated and followed as per the buyer requirements. Government R. Final audits of finished goods are done before offering the yarn to the buyer. We will also continuously improve our quality management system through appropriate training. work environment and resources. Bangalore-01. Page 48 .4) which is checked regularly by quality control team under the command of quality control manager.
2009 Aug2009 04 Time office to recruit ten workers Per month Aug. 2009 05 Production Yellow Line Marketing Including NCP Area marking Aug. QUALITY OBJECTIVES SL No. Bangalore. 2009 02 03 Marketing Raw Material Purchase Lost order Analysis Development of one Supplier per month Aug.Subadra Textile Private Limited. Department Objective Target date 01 Management to obtain ISO 9001-08 Representative certification Aug.2009 Government R.. Bangalore-01. Page 49 .C College of Commerce & Management.
Government R. is a number which indicates the relationship between length and weight of and yarn or thread. The test is done according to the pressure which the yarn has to face. The latest machine is used to check the quality at every step. USTRR (U. This is the main quality checking machine. As the company produces different variety of yarn counts. These machines also serve as a quality controller. The yarn should pass the required weight.T. Bangalore. The strength of the yarn is necessary because the company produces yarn for power looms in which the speed of the machines is usually high. From this machine the yarn with great strength is passed.Subadra Textile Private Limited.. The cotton is brought from every process to this machine to check the quality. Bangalore-01. The output which comes out after this test is named as LEE.RAPING: This machine is used to check the count of yarn produced in the company. The standards for weight are already fixed.C College of Commerce & Management. AUTO CONER: These are the latest machines used for winding of yarn. QUALITY MACHINES AND THEIR FUNCTONS 1. The machines check the weakness in the bombo (yarn) before winding on bobbin cones. BALANCE: In this test weight of the yarn is checked. STRENGTH MACHINE: This machine checks the strength of the yarn before and after simplex process. Page 50 .4): This machine is used for imperfection. it becomes necessary to identify different counts produced. A count or yarn no.
The training department should be expanded. WEAKNESS: The organization does not have its own website. Lacking latest technology.Subadra Textile Private Limited. Fluctuations in the prices of products.. Page 51 .T. Bangalore-01. To develop R&D department.4 machine for quality. Investing in trend forecasting to enable growth of industry. To develop e-business to communicate with the world. Low cost skilled labour. Use of U.C College of Commerce & Management. CHAPTER 6 SWOT ANALYSIS STRENGTHS: Use of latest machinery Located in a strategic position. High cost of production. Eco-friendly organization. THREATS Competition in domestic market Need to revamp consumer Consciousness. Government R. High attrition level. Bangalore. OPPORTUNITIES Increase focus on product development.
The workers have to work continuously without any breaks in between which takes a toll on the health of workers. Government R. The company uses latest machinery which increases both the quality as well as the total output and reduces the cost of production. The reason why the brand has caught on with the people is because it is moderately priced and is affordable. The health of the workers is greatly affected and the company has to take measures to improve it. Bangalore-01. It does not have global e-presence.Subadra Textile Private Limited. this increases the stress and fatigue among workers. There should be performance appraisal programs to appraise the employees. conducting seminars. The company should setup its own website since it‟s a global player. SUGGESTIONS The productivity of workers can be increased by providing them with more training. SUGGESTING AND CONCLUSION FINDINGS: The company does not have its own website. Bangalore. which provides more growth opportunities and acts as a motivational tool and helps in employee retention.. The company has high attrition rate which increases employee hiring costs and which also affects production. workshops etc. Since a website acts like a company‟s broacher and first point of contact to customers all over the world.C College of Commerce & Management. CHAPTER 7 SUMMARY OF FINDINGS. Page 52 . The pricing of the company‟s products is very economical.
This study has given me a wider knowledge of the activities doing in the organization. organizing. and controlling. And it has helped me in enhancing my interpersonal skills like communication skills. Bangalore-01. staffing. This study has helped me in applying my skills.C College of Commerce & Management.Subadra Textile Private Limited. Page 53 . abilities. Government R. directing. During the project work I has interacted with many employees and in-charge departments who helped me to gain practical knowledge. Learning Experience This project enables me to study and understand the organization (Textile) and due to this I have opportunity to know more knowledge about the Textile Industry Following are my experience to best of my knowledge. knowledge and learning gained through my academics and in practically applying it within the organizations.. I have learnt the importance of leadership in an organization & importance of different management functions such as planning. Bangalore. technical skills etc.
. Abundance of raw material gives India the edge over other countries since India is among the world‟s largest producers of cotton and second largest producer of silk in the world. Unskilled and cheap labour is available in plenty. Bangalore. Latest machinery with the latest technology are not available in India.Subadra Textile Private Limited. CONCLUSION The textile industry mostly comprises of small and fragmented units. Japan and China.C College of Commerce & Management. Companies have to purchase the machinery from Germany. There is no production unit of such machinery available in India. Page 54 . The new and current medium sized organizations are upgrading to modern technologies and latest machinery which is wiping out the small and cottage industry of India. which mostly comprises of women who at times are also exploits as most of them are uneducated. Bangalore-01. Government R. the medium and large organization mostly indulge in exports market.
S.Subadra Textile Private Limited.K: Human Resource Management.indiantextileindustry. Page 55 . 5th Edition.com www. BANGALORE. WEBSITES: www.com Government R.C College of Commerce & Management. 9th Edition.historyofindiantextile. BIBLIOGRAPHY BOOKS REFERRED: ASWATAPPA.B. Himalaya Publishing House. Shashik Gupta & Rosy Joshi: Human Resource Management OTHER REFERENCES: Company handbooks of “SUBADRA TEXTILES PRIVATE LIMITED” 2009-10.. BANGALORE. Bangalore. Himalaya Publishing House. Bangalore-01. SUBBA RAO: Human Resource Management. P.
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