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Abhinav Kumar, Ahmad Sarosh , Singh Rajat B. Surabhi Lodha, Yaman Dhingra DFT VI NIFT, Jodhpur
OVERVIEW • Hosiery sector . Socks.one of the key components of Indian clothing industry. Toe socks etc. TYPES.Compression stockings . 4/28/2013 Department Of Fashion Technology 2 . Leggings.Body stockings . • Also referred to as leg wear.Knee highs. describes garments worn directly on the feet and legs. Stockings. • Modern hosiery is usually tight-fitting by virtue of stretchy fabrics and meshes. tube socks .
4/28/2013 Department Of Fashion Technology 3 . it also uses extensively cotton and other blended fibres to produce a wide range of fabrics. Village Seera. • Leading producer of woollen and acrylic knitwear. knitwear and ready-made garments.Ludhiana • Address: Rahon Road. hosiery. • The presence of local suppliers of fabric that will reduce the transportation cost greatly and the lead time simultaneously. Ludhiana-141007 Reasons for setting the factory • Ludhiana is a leading industrial town of the north Indian State of Punjab and an important centre of textile and allied industry.LOCATION.
RAW MATERIAL SUPPLIERS Domestic • R.S. Sharma Hosiery Others • Shri Balaji Knits • Pytex Hosiery • Ganga Hosiery Factory • Kartaram Hosiery Factory 4/28/2013 Department Of Fashion Technology 4 .K. Gupta Hosiery • Simplex knitwears • Adinath knits • B.
BUYERS • • • • • Swadeshi Woollen Mills (Vest) Sheriff International (Vest) Sunamia Knitwears (Shock. both domestic as well as others. Setting up a new factory can cater to growing demands of the local buyers and can be sent out at low transportation costs in district of Ludhiana. Vest) 7x International (Socks) Anmol Knitters (P) Ltd.MARKET Ludhiana has a large number of buyers of hosiery particularly socks and vests. (Socks) 4/28/2013 Department Of Fashion Technology 5 .
MARKET • The largest consumers of socks are the Europeans and Western countries who have been using this item as part of their dresses for a very long period. • The European and Western countries have been producing socks. and polyester yarn. 4/28/2013 Department Of Fashion Technology 6 . quality and shades. from where these items used to be imported into India and other countries. nylon yarn of different counts. acrylic yarn.SOCKS OVERVIEW • Socks of various types and designs can be produced by using cotton yarn.
• Knitting is done in stages beginning with elastic portion for which elastic yarn is used.00.70.00. • The leg portion is knitted followed by heel and foot portion ending up with the toe portion of the socks. • The toe portion of socks is closed by stitching on Overlock machine.) 30.000 1.000 70. Production Capacity (Per Annum) Product Plain Socks Terry Socks Total 4/28/2013 Quantity 1.000 2100000 48.00000 7 .000 Department Of Fashion Technology Value (Rs.TECHNICAL FEASIBILITY • Socks are knitted in continuous process and several operations are performed before it is completed.
FINANCIAL ASPECTS A. FIXED CAPITAL Elements Land and Building Machinery Equipments Other Fixed Assets Cost (Rs.25.37.95.) 6.000 17.72.60.000 10.000 1.000 4/28/2013 8 .
2. WORKING CAPITAL (PER MONTH) Elements Labour and wages Raw material Utilities (per month) Other contingent expenses (per month) Total recurring expenses Total working capital for 3 months Cost (Rs.000 20. 1.57.500 Rs.200(per month) Rs.00 1. 70.000 Rs.61.000 80.500 C. 70.57.B.17.) Rs.36.) 1.200 16.785. TOTAL CAPITAL INVESTMENT Elements Machinery and equipment Working capital for 3 months Total 4/28/2013 Cost (Rs.37.80.500 9 .65.45.
21.09.30.73.000 Recurring Expenses Depreciation On Machinery @ 10% Depreciation On Office Furniture @ 20% Depreciation On Equipments @ 25% Interest On Total Investment @ 14% Total 2.29.750 33.250 3.72.500 10.750 4/28/2013 Department Of Fashion Technology 10 .) 2.82.FINANCIAL ANALYSIS COST OF PRODUCTION (Per Year) Elements Cost (Rs.000 13.
000 32.90. 564 pairs) Total Qty.000 Amount (Rs.) Plain Socks(Doz. 1.) 40.• TURNOVER (Per Year) (Sales) Product Rate/Dz pair(Rs.000 70. 24. 480 pairs) Terry Socks (Doz.00.000 72.90.70.000 1.000 • Net Profit (per year) • Net Profit Ratio (Net profit/Turnover per year) Rs.000 34% 4/28/2013 Department Of Fashion Technology 11 .90.00.
VESTS OVERVIEW • Knitted undergarments are used and liked by the people because of its good drape-ability. Pressing and Packing 4/28/2013 Department Of Fashion Technology 12 . -TECHNICAL ASPECTS Procurement of Knitted Fabric Cutting and Stitching Washing. softness and absorbency of sweat characteristics. Checking. stretch ability.
000 20.000 4/28/2013 Department Of Fashion Technology 13 .PRODUCTION CAPACITY (Per Annum) PRODUCT Cotton Knitted String Vests Plain Knitted Cotton Vests Interlock Cotton Knitted Vests Total QUANTITY(DZ) 20.000 VALUE (Rs.) 6.00.35.000 23.000 7.000 7.000 21.36.71.000 64.
000 4/28/2013 Department Of Fashion Technology 14 .95.FINANCIAL ASPECTS • A.) 10.000 10.10.000 12.65. FIXED CAPITAL ELEMENTS Machinery Equipment Other Fixed Assets COST (RS.
) Rs.600 15 . WORKING CAPITAL (Per Month) ELEMENTS Labour and wages Raw material Utilities (per month) Other contingent expenses (per month) Total recurring expenses Total working capital for 3 months COST (RS.• B.30.000 10.000 80.200 33. 31.14. TOTAL CAPITAL INVESTMENT ELEMENTS Machinery and Equipment Working capital for 3 months Total 4/28/2013 Department Of Fashion Technology COST (RS.600 86.500 4.88.) 3. 18.104.22.1680 • C. 31.44.38.000 Rs.200(per month) Rs.
400 1.73.000 2.244 1.894 16 .FINANCIAL ANALYSIS COST OF PRODUCTION (Per Year) ELEMENTS Recurring Expenses Depreciation On Machinery @ 10% Depreciation On Office Furniture @ 20% Depreciation On Equipments @ 25% Interest On Total Investment @ 14% Total 4/28/2013 Department Of Fashion Technology COST (Rs.06.458.) 22.214.171.1240 10.10.750 12.
35. AMOUNT (Rs.) Cotton knitted string vests Plain knitted cotton vests Interlock cotton knitted vests Total 64. 8.TURNOVER (Per Year) (Sales) PRODUCT RATE/DZ PAIR (RS.) 600 21.05.000 540 23.000 28% 4/28/2013 Department Of Fashion Technology 17 .000 10.000 Net Profit (per year) Net Profit Ratio (Net profit/Turnover per year) Rs.14.000 8.000 1.000 28.00.000 480 20.000 QTY.85.
slideshare.ludhianadistrict.tw/en/Content.net/waqarhussain00/socks-manufacturingunit-waqar-hussain 4/28/2013 Department Of Fashion Technology 18 .taiwantrade.php • http://www.aspx?ID=40 • http://www.com.tw/en/Content.com.com/ludhiana-hosiery-garments.aspx?ID=54 • http://turnkey.taiwantrade.REFERENCES • http://turnkey.
THANK YOU… 4/28/2013 Department Of Fashion Technology 19 .