You are on page 1of 55

Subadra Textile Private Limited., Bangalore.

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.

Page 1

Subadra Textile Private Limited., Bangalore.


LOGICAL COMPONENTS
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 personals 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.

Page 2

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 personnels 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.

Page 3

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.

Page 4

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 worlds 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 Indias 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.

Page 5

Subadra Textile Private Limited., Bangalore.


Fiber production and sixth among filament yarn production. 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. Considering the natural competitive advantage the India has in terms of a strong and large multi-fiber base, abundant cheap skilled labour and presence across entire value chain, for spinning weaving and made-ups to manufacturer of garments, foreign retailers like Wal Mart, Levis, GAP, J C Penny, and Marks & Spencer and NEXT has increased their sourcing from India in a big way. Global trade in textiles and apparel is expected to increase US $ 600 billion by 2010. Anticipating an increase in demand, a number of textile firms installed new capacities to the tune of 6.2 million units. Indias 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. Among fibers, although cotton has the largest share (around 58% of mill consumption), Indian industry has over the years steadily diversified its raw material base to include man-made fibers such as polyester, viscose, acrylic, polypropylene etc. (Accounting for around 39% of raw material consumed ), as well as other natural fibers ( including silk, wool, linen etc.). In fact, Indian companies have built global scale even in nontraditional areas (such as Reliance industries in Polyester, and the Aditya Birla group, which is worlds largest producer of viscose fiber). India is being seen by more and more customers as a hub, rather than a standalone sourcing opportunity. Standing alone, India exports about US $13 billion of textiles and apparel products and this figure is has grown up to US $30 billion in 2008. However, even more interesting is Indias position as a regional hub, including sourcing from Bangladesh, Sri Lanka and Nepal. In apparel alone, India, Bangladesh and Sri Lanka already export around US $12 billion to global markets, and are growing further.

Government R.C College of Commerce & Management, Bangalore-01.

Page 6

Subadra Textile Private Limited., Bangalore.

Indias world market share in Textile Industry

Source - Industry, 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. Why so? These are the reasons: 1. Global recession 2. Less export orders due to reductions in inventories by global retail giants like Wal-Mart 3. Price of raw materials like cottons and 4. Infrastructure bottlenecks such as power, particularly in Tamil Nadu.
Government R.C College of Commerce & Management, Bangalore-01. Page 7

Subadra Textile Private Limited., Bangalore.


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. In this global financial meltdown situation, what should the Indian textile industry do? In the times of adversity, 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.

Road Ahead for the Indian Textile Industry


As the saying goes in the financial sector, it is not advisable to put all eggs in one basket. This is what happened somewhat in the case of the Indian textile industry. With the opening of world markets and the abolition of textile quotas since 2005, there came a negative situation as well. But, hindsight is always 20-20. 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, Vietnam and Thailand. Instead, the industry had put majority of its stock in the spinning sector. This is clearly evident in the utilization of Technology Up gradation Fund Scheme effectively by the spinning sector. Although it is a positive outcome, in my opinion, the industry turned a blind eye on value-adding sectors such as weaving and finishing. Indian power loom sector, which enables value-addition, is a highly unorganized Industry and needs major up gradation. Not only India does not have world quality indigenous shuttle less looms, but also investments are not adequate to cope with the quality and quantity to cater to the export market. 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. Is there a panacea to the complexities surrounding the India Textile Industry?

Government R.C College of Commerce & Management, Bangalore-01.

Page 8

Subadra Textile Private Limited., Bangalore.


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. The weak links in the Indian conventional industry such as weaving and finishing have to be strengthened. A major thrust here is to have consolidated efforts by Indian Textile Machinery Manufacturers Association, end-users and the Government to undertake a moonshot and come-up with alternatives to European Machinery, which the weaving sector can afford. This should be doable within the next five years, if dedicated efforts are undertaken with the financial support for R & D by the Government through its various schemes.

2. Inch forward in the non-commodity textile sector, i.e., technical textiles sector from a non crawling phase to at least a crawling industry in the next three years. General awareness on nonwoven and technical sectors has been created with the recent marathon training workshops and conferences such as, "Advances in Textiles, Nonwoven and Technical Textiles", organized for the past five years in Coimbatore by Texas Tech University, USA and those such as the Excellence and IIT's Technical Textiles conferences. These have put India on the international map in technical textiles. 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, appropriate transfer of technology, better farm management practices, increased area under cultivation of Bt cotton hybrids etc. All these developments have resulted into a turn around in cotton production in the country since last 2/3 years. The yield per hectare which has remained stagnant at about 300 kg/ha for more than 10 years, increased substantially and had reached a level of 567 kg/ha in cotton season 2007-08.

Government R.C College of Commerce & Management, Bangalore-01.

Page 9

Subadra Textile Private Limited., Bangalore.


The fundamental changes that taking place in the realm of cotton cultivation in the country, are having the potential to take the current productivity level near to the world average cotton production per hectare in the near future. Progress with regard to area, 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. After the engineering industry, the cotton textile industry has the highest incidence of sickness. As many as 125 sick units have been taken over by the Central Government. Obsolescence: The plant and machinery and technology employed by a number of units are obsolete. The need today is to make the industry technologically up-to-date rather than expand capacity as such. This need was foreseen quite some time back and schemes for modernization of textile industry had been introduced. 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. However, the problem has not been fully tackled and it is of utmost importance that the whole industry is technologically updated. Not many companies would be able to find resources internally and will have to depend on financial institutions and other sources. Government Regulations: Government regulations like the obligation to produced controlled cloth are against the interest of the industry. During the last two decades the excessive regulations exercised by the government on the mill sector has promoted inefficiency in both production and management. This has also resulted in a colossal waste of raw materials and productive facilities. For example, 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.

Government R.C College of Commerce & Management, Bangalore-01.

Page 10

Subadra Textile Private Limited., Bangalore.


Low Yield and Fluctuation of Cotton Output: The cotton yield per hectare of land is very low in India. This results in high cost and price. Further, being largely dependent on the climatic factors, 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. Labour Problems: The cotton textile industry is frequently plagued by labour problems. 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. Accumulation of Stock: At times the industry faces the problems of very low off accumulation of huge stocks. take of stock resulting in

Government R.C College of Commerce & Management, Bangalore-01.

Page 11

Subadra Textile Private Limited., Bangalore.


CHAPTER 3 COMPANY PROFILE

HISTORY OF COMPANY:
Subadra Textile Private Limited was started in 1963 by AVRM SHANKARA NARAYIAN MUDALIYAR. Later the name was changed to Vijay Kumar Spinning Mills. Afterwards the name was again changed to Bidra Spinning Mills. In 1979, the name was again changed to Subadra textiles Private Limited. The initial investment was Rs.35 lacs. These 35 lacs were used to purchase land, machinery and construction of buildings and to hire workforce. The number of workers was not too much when the company was started. Promoters Address Mr.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.co.in Canara Bank vijayanagar Branch V.Govind Rajlu &co. Chartered Accountants

Legal Advisor Company Lice Central Sales Tax No PAN No TIN

Mr.M.R.C.Ravi-Advocate MYB_1283 01250279 AACCS 7469L 29370050200

Government R.C College of Commerce & Management, Bangalore-01.

Page 12

Subadra Textile Private Limited., Bangalore.


INTRODUCTION OF COMPANY
Subadra Textile Private Limited is situated at Magadi Road, Dasarahalli, Bangalore. Subadra Textile is situated in Bangalore, the fastest growing city in South East Asia, also considered as Silicon Valley and the knowledge capital of India. 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. The facility consists of 4.705 acres of which Build up area 4.005 area and Vacant land 0.700 Acres. The build up area consist of production block, office area, DG room, Compressor Room etc. It is one of the leading spinning mills in south of India it has 25,000 spindles capacity with a daily production of 3,000 kgs. 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.

SITE DESCRIPTION
Topographical, the plant is situated in a way land surrounded by several existing small scale industries and commercial area. Total number of employees is 250 including skilled, semi-skilled and unskilled workers, supervisors, engineers, manger and administrative staff. Water used at the site is drawn from own bore well . there is no separate well for drinking purpose at the site. Waste water discharged from domestic is let into septic tank is cleaned periodically. The dried sludge cake obtained from the septic tank, which is very good manure. 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. In the process only the best yarn is sent out of the mill. The workforce is complimented with the state -of- the-art machinery, the LMW series along with 338 models Siro Clearer and a host of other machinery. Quality being the buzz word, STPL has a sophisticated and an in house quality lab with an evenness test

Government R.C College of Commerce & Management, Bangalore-01.

Page 13

Subadra Textile Private Limited., Bangalore.


UT-4 (USTER) along with other test equipments. 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. It is now geared to expand its horizons and confront the existing international standards as always. 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 is diversifying to go for compact, gassed and TFO yarn to compete and stay abreast with international trends.

COMPANY INFRASTRUCTURE
Present Land area Staff Quarter Canteen A Mill spinning Preparatory B Mill spinning Personnel office Workers quarter : : : : : : : : 6.5 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, assuring quality services and meeting the needs of all customers and employees.

Government R.C College of Commerce & Management, Bangalore-01.

Page 14

Subadra Textile Private Limited., Bangalore.

CONCRETE VISION ELEMENS


Modernization, expansion and technological up gradation to achieve international standards of excellence. Marketing focus on the changing customer needs and change of the product suited to customer requirements. Promotion of export and earning valuable foreign exchange for the country. Regular up gradation to face global challenges and competitio from developing countries. 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. We wish to: Manufacture high quality yarn to withstand high levels of competitiveness. Design, manufacture & sell high quality and affordable apparels accessories. To use latest technologies in manufacturing process. To provide a safe working environment for the employees. To operate the business with high motivation and deep commitment. 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. We will also continuously improve our quality management system through appropriate training, work environment and resources. We will strive hard to achieve the objectives and goals set for each department through involvement, leadership, and teamwork.

Government R.C College of Commerce & Management, Bangalore-01.

Page 15

Subadra Textile Private Limited., Bangalore.


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 - Bangalore Contact: Mr. R S Harinath 192 Gowramma Hostel Bldg Ch Pet-560053.

Sri Satya Textiles Category: Textile Manufacturers - Bangalore Contact: 2/2 Mayura Mansion 1st Crs Gnd Ngr-560009.

Sri Subramaneswara Silk Koti Category: Textile Manufacturers - Bangalore Contact: 3 Chandra Bldg Av Rd-560002.

Sri Subrmanyeswara Hall Category: Textile Manufacturers - Bangalore Contact: 19 Gundapanth St Av Rd Crs-560002.

Sri Umashankar Dyers Printers Category: Textile Manufacturers - Bangalore Contact: 248/B 3rd Blk R Ngr-560010.

Government R.C College of Commerce & Management, Bangalore-01.

Page 16

Subadra Textile Private Limited., Bangalore.


Sri Venkateshwara Textorium Category: Textile Manufacturers - Bangalore Contact: 17/7 J M Rd Crs Ramanapet-560002.

Sri Venkateswara Trading Corporation Category: Textile Manufacturers - Bangalore Contact: 7 Anand Bhw Bldg Cpet-560053.

Sriram Distributors Category: Textile Manufacturers - Bangalore Contact: 710 Ch Pet-560053.

BRANCHES OF SUBADRA TEXTILE


Thiruvanna Mali production of yarn. : situated in Tamil Nadu and is also engaged in the

Government R.C College of Commerce & Management, Bangalore-01.

Page 17

Subadra Textile Private Limited., Bangalore.


CHAPTER 4 PRODUCT PROFILE
There are different varieties of combed yarn which Subadra textiles produce. Usually the company produces only those counts which the buyer will demand. The demanded counts are produced by purchasing the required raw material. The company produces only combed yarn in which there is about 12-15% more waste than uncombed yarn. Although this waste is also sold but at lower prices to other yarn producing mills. The quality obtained from combed process is very high by which company has gained so much reputation in the market.

This is the product which will be produced in the Subadra textiles. Yarn quality is identified in counts which mean more countless thickness and vice versa. The different counts which the company produces are as under: 50s count. 60s count. 66s count. 81s count. 82s count. These are produced according to the demand of the customer and the different raw material which the company will get from different suppliers.

Government R.C College of Commerce & Management, Bangalore-01.

Page 18

Subadra Textile Private Limited., Bangalore.


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, duties. If the count is less, polyester is added to make a mixed product. Another output which comes from the company is soft waste which the company sells to other spinning mills. This waste is sold at 60% less than the amount at which the raw material is purchased. This material is used for producing 10s and 20s count, which is used for manufacturing towels, bed sheets, curtains, mats etc.

MANUFACTURING PROCESS
Good quality cotton is ginned and seeds are separated from fiber. These cotton fibers are beaten in thresher to separate the fibers and make them loose. 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, two or many fibers are twisted together to get thread of desired count.

WATER BALANCE
Raw water consumption : Domestic Waste water generated : : 6.5 KLPD 3.0 KLPD 2.4KLPD

The waste water generated from the domestic use is connected to BWSSB Sewer line.

Government R.C College of Commerce & Management, Bangalore-01.

Page 19

Subadra Textile Private Limited., Bangalore.


ORGANISATIONAL CHART
MANAGING DIRECTOR

MILL MANAGER

Spg. Master

ASM (Maint.)

GC Officer

Elec. Supp.

Per. Officer

Supervisor

Wrapping

Electrician

Time Officer Per. Asst.

Testing

Investigator

OFFICE MANAGER

Accountant

Godown

Yarn sales

Pur. Asst.

Off. Asst.

Attender

A/C Asst.

Central Exise

Cashier Government R.C College of Commerce & Management, Bangalore-01. Page 20

Subadra Textile Private Limited., Bangalore.


CHAPTER 5 HUMAN RESOURCE DEPARTMENT

HUMAN RESOURCE POLICY: The company believes that their employees are their most valuable assets. The management is committed to treat all its employees with dignity and respect and to provide them best possible compensation, safety and decent working conditions and motivate them to work with effectively and efficiently which is essential for the progress of the company. The total number of employees in the factory is 250. Most of labour is hired from places within Bangalore itself. The company prefers employees who have prior knowledge of working in similar industry.

RECRUITEMENT POLICY:
The mode of recruitment is direct walk-in. The recruitment process is conducted on Sundays. The ability productivity experience and the educational qualifications of the candidate are the criteria for recruitment for any post.

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. The employees must have passed a minimum of class 10th. The candidates has to submit age proof. The candidate has to submit one photograph for any low post. A pre-medical examination is conducted to find the stability of the candidate. Religion, cast, sex, etc are not taken into consideration. The retirement age for all categories of employees if 58 years.

Government R.C College of Commerce & Management, Bangalore-01.

Page 21

Subadra Textile Private Limited., Bangalore.


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.

INDUCTION AND ORIENTATION:


Induction is conducted by the welfare officers to the selected candidates to enable them understand their job profile and the organization.

SALARY AND WAGES:


The employees are given wages according to government rules and regulations.

PROBATIONARY PERIOD:
The candidate s are appointed purely on probation for a period of six months. 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. The confirmation depends upon the performance during probation, however if the employee is not terminated before completion of probation period of six months, it shall be deemed to be a permanent employee.

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. If they work for more than nine hours in a day and more than 48 hours in the week, they will be paid double the normal wages for over time work and exit at finish of work. 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. Employees will have to leave the factory premises within 15 minutes of the closing hours.

Government R.C College of Commerce & Management, Bangalore-01.

Page 22

Subadra Textile Private Limited., Bangalore.


DESCRIMINATION:
The company does not discriminate in employment hiring, salary, benefits, advancement, discipline, termination or retirement, on the basis of gender, race, religion, age, disability, sexual orientation, nationality or ethnic origin.

HOLIDAYS:
All the employees are eligible for 10 days paid national and state holidays during a calendar year. This is governed by the national and festival and holidays act.

BONUS:
Bonus is distributed to the eligible employee as per the payment of bonus act, 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 8.33% is given to all the eligible employees only basic and D.A is considered for payment of bonus.

GRATUITY: The payment of gratuity is governed by the payment of gratuity act. Al


the employees ho have put in a minimum service of five years are eligible for gratuity. All such employees are paid 15 days salary per completed year of service on leaving the service along with the final settlement. Only basic and D.A are considered for payment of gratuity.

WELFARE FACILITIES:
Canteen and lunch hall First aid room Ambulance Rest room

SAFETY MEASURES:
Fire prevention drill is conducted every two months. The employees are provided with rubber mats working on electrical machines. Masks are provided to those operators working on over locking machines. First aid boxes are provided.
Government R.C College of Commerce & Management, Bangalore-01. Page 23

Subadra Textile Private Limited., Bangalore.


Chemical operators are provided with mask, googols, gloves and aprons to prevent any kind of accidents. Use personal protective equipments while working in critical area. Chemical containers should be labeled properly. In case of fire the emergency call point is used.

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. The committee shall enquire into problems of the employees with regard to difficulties in the work place and also service conditions, the committee shall recommend appropriate remedies after enquiring into the complaints. SEXUAL HARRASMENT PREVENTION COMMITTEE: This committee meets as and when the complaints are received by the employees with regard to sexual harassment. 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. GRIEVANCE COMMITTEE: This committee facilitates the worker to reduce their grievance during their employment in the factory. DISCIPLINARY PROCEDURE: Disciplinary procedure is detailed in the certified standing order of the country, the details of misconducts, and the procedure of enquiry punishment, right to appeal etc are enumerated in the certified standing order of the company. 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.
Government R.C College of Commerce & Management, Bangalore-01. Page 24

Subadra Textile Private Limited., Bangalore.


STRUCTURE OF HR DEPARTMENT

DGM (HR)

HR Manager

Dy.HR Manager

Sr.Administrator

Personal officer

Assistant P/O

Clerk

Government R.C College of Commerce & Management, Bangalore-01.

Page 25

Subadra Textile Private Limited., Bangalore.


PURCAHSING DEPARTMENT OR COTTON SECTION
The section deals with the sourcing of good quality cotton for production. 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.

FABRIC SOURCING
The factory believes in doing things right throughout the supply chain of ordering of cotton and trims to the final packing. They have constant quality checks to maintain the quality standard. 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.

The tenders are selected by considering the following factors:


1. Price 2. Market Credibility of the Supplier. 3. Transport charges. 4. Quality of raw material 5. The discount offered etc, the orders are place at least two months prior to the requirement to avoid any kind of delay in production.

Government R.C College of Commerce & Management, Bangalore-01.

Page 26

Subadra Textile Private Limited., Bangalore.


MAIN SUPPLIERS
Eashware Cotton Corporation The cotton corporation of India Limited. 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. The cost per bale of cotton purchased from India is Rs.10800 and the cost of per bale imported from other countries is Rs. 28000 approximately.

Government R.C College of Commerce & Management, Bangalore-01.

Page 27

Subadra Textile Private Limited., Bangalore.


STANDARD PROCEDURE BUYING

Receiving samples

Checking Quality

Filing Tenders

Selecting the best tender Giving Orders

Receiving Raw

Inspection of Raw Material

Government R.C College of Commerce & Management, Bangalore-01.

Page 28

Subadra Textile Private Limited., Bangalore.


STRUCTURE OF PURCHASING DEPARTMENT

DGM(Purchasing)

Sr.Manager

Manager

Deputy

Assistant

Government R.C College of Commerce & Management, Bangalore-01.

Page 29

Subadra Textile Private Limited., Bangalore.


FINANCE DEPARTMENT
Finance is the lifeblood of all business. It should be concerned with the activation of funds and wide applications of the funds. The duties of Finance department are to be perform, these functions effectively. 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. At any moment business firm can be viewed as a pool of funds. These funds come from a variety of sources, investors or share holders, creditors who lend in money and past earnings retained in the business. Funds provided from these sources are committed to number of uses:: fixed assets used in production of product or services, inventory used in the production and to facilitate sales, accounts, receivable owed by customers and cash and marketable securities used for transactions and liquidity purposes. At a given moment, the pool of funds of the firm is static. However, this pool changes and these are known as funds flow. Only when the funds are managed, money can be spun by the company. This spinning of money out of money is entrusted with this department. So the finance department functions should be well organized in a firm. In this modern era of making money, finance is one of the basic foundations for all kinds of economic activities. It is master key, which provides access to all sources to be employed in manufacturing and merchandising activities. It has been rightly said that business needs money to make more money. For effective and continuous working of organization, the main thing which is required is money. Managing the available monetary resources is the primary function of any organization. To carry on this function, the finance department came into existence. This function should be well organized in a firm.

OBJECTIVES
To protect the financial interests of the company. It helps in achieving the business results (profitably). Monitoring the funds, collection and payment. Liaison with banks and financial institutes. Controlling the inflow and outflow of cash. Financial planning and mobilization of cash.
Government R.C College of Commerce & Management, Bangalore-01. Page 30

Subadra Textile Private Limited., Bangalore.


To see that company does not suffer from want of finance. To exercise the cost control and cost reduction techniques. To monitor the budget and budgetary control

SIGNIFICANT ACCOUNTING POLICIES 1. WORKING CAPITAL


It refers to the flow of ready funds necessary for the working of the organization, 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. Working capital = current assets current liabilities The average working capital requirements per year are Rs. 7.5 Crores.

2. INVENTORY
All raw materials will be one month stock level. The purchase is done in bulk depending on the availability and demand for finishing goods. The credit period for raw material is 30 days for known customers and for new customers immediate payment is paid.

VALUATION OF INVENTORIES
Raw materials are valued at weighted average cost. Work in progresses is valued at material cost and no overheads are recognized. Finished goods are valued at cost excluding excise duty.

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. The final accounts are prepared (profit and loss A/c, Balance sheet) on 31 October every year.

Government R.C College of Commerce & Management, Bangalore-01.

Page 31

Subadra Textile Private Limited., Bangalore.


REVENUE RECOGNITION
For domestic sales, sales are recognized t at the point of dispatch of finished goods. Sale returns are accounted as reduction from current year sales irrespective of the year in which sales have accrued.

GRATUITIES AND LEAVE ENCASHMENT


Gratuity and leave encashment are accounted on the basis of actuarial valuation. No separate gratuity fund is credited.

ADVERTISEMENT AND SALES PROMOTION EXPENSES


The expenses incurred on the existing products of the company. It is charged against profit and loss account in the year, which is related.

FIXED ASSETS
Fixed assets are started at cost of acquisition or construction less depreciation. Fixed assets costing individually Rs. 5000 or below is charged directly to revenue account.

DEPRECIATION
Depreciation on fixed assets are calculated on straight line basis. Assets calculated as per rates specified in schedule XIV of the Companies Act 1956.

Government R.C College of Commerce & Management, Bangalore-01.

Page 32

Subadra Textile Private Limited., Bangalore.


STRUCTURE OF FINANCE DEPARTMENT DGM(FINANCE)

Finance Manager

Dy.Finance Manager

Sr. Manager

Manager

Assistant Manager

Clerk

Government R.C College of Commerce & Management, Bangalore-01.

Page 33

Subadra Textile Private Limited., Bangalore.


PROFIT AND LOSS A/C FOR TE YEAR ENDING 31.03.2010
Particulars Income Sales X11 197,362,847 177,675,686 Sch No For F.Y,2009-10 For F.Y.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

2,673,394

3,148,708

X1V

2,969,346 203,005,587

(6,315,878)

174,508,556

XV

99,717,677 56,702,108 10,270,196 5,120,664 17,281,473 15,256,760 204,348,878 (1,343,291) _ _ (507,911) (835,380)

93,631,850 52,220,084 6,934,212 4,804,409 10,752,109 14,891,475 183,234,139 (8,725,583) _ 114,942 (3,416,792) (5,423,733) (5,423,733)

XV1 XV11 XV111 X1X V

Balanced Carried To Balanced Sheet

(835,380)

Government R.C College of Commerce & Management, Bangalore-01.

Page 34

Subadra Textile Private Limited., Bangalore.

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. : 18 Crores : 1 crore 10 lacs : 1 crore 20 lacs. : 7.5 crores : 10 crores : 50 lacs. : 10 crore

Government R.C College of Commerce & Management, Bangalore-01.

Page 35

Subadra Textile Private Limited., Bangalore.


PRODUCTION DEPARTMENT
The production department deals with execution of production and administration activities in the different sections confined to production. Production manager is the head of the department. PRODUCTION CAPACITY: The Subadra Textile has 25000 spindles capacity with a daily production 3000 kgs, of yarn. 1. Blow room: Cotton comes to the mill in the form of compress that is called Bale. Objects of blow room or blow room line are made of opening, cleaning, mixing or blending lap making machine. Opening: To reduce the hard pressed bale of cotton to the smallest possible of tuft size. Cleaning: To remove the maximum possible crush and foreign materials, lint loss damages fibers. Blending: to blend the different cotton in the mix thoroughly to order to get constantly uniform yarn quality. Lap formation: To compact lap suitably for carding. This is the first stage where the cotton is being cleaned. There are different knife like structures which open and clean the cotton. The other machines make the cotton ready for the next process. The product which comes out of this process is in the form of a sheet winded upon a round shaped plastic structure. The weight is usually 18 kgs. Machines used in blow room: Mixing bale open Mono cylinder Hopper feeder Step cleaner Porcupine opener Krischner beater
Government R.C College of Commerce & Management, Bangalore-01. Page 36

Subadra Textile Private Limited., Bangalore.


2. Carding: The process of carding is the heart of the spinning operation. It is said to card well to spin well. Carding is the only major stage for cleaning the cotton. Continuously cleaning the cotton. Removing of napes and short fibers. Conversion of lap into silver. This process cleans the napes and removes the small balls like structure in the cotton. The output is in the form of a thread. 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. Licker in or take-in Cylinder Doffer
3. Drawing: The Purpose of this process is to make silver accumulating in the barrels

properly and to coil them. 4. Lab Former: In this process the threads are again changed into sheet like structures to make them ready for another process. 5. Comber: This can also be called as a cleaning process. It combs the cotton like human beings comb their hair. More wastage is produced in this process as compared to the other processes. The price of the final product also depends on this process. 6. R.S.P Drawing: This process is done to get a required size of .160 hang or 3% variation. The fiber is in the form of a thread as it will come out of this process.

Government R.C College of Commerce & Management, Bangalore-01.

Page 37

Subadra Textile Private Limited., Bangalore.


7. Simplex: From thread the fiber is rolled on round shaped plastic container called as bobbing. Here the thread is twisted to give it more strength. The thickness of the thread is more. Spinning: In this process the thickness is again reduced which is obtained from the above simplex process. This is again rolled on another plastic container. The length is also decreased. The output is named as bombo. Winding: Again the thickness is decreased and the required length is obtained. From this process, the final product will come out. The fiber is rolled upon a cub board cone. The output is usually according to the requirements of the customer. The final product is named as bobbin cone 8. Auto Coner: These are the latest machines used for winding, as the winding process has been mentioned above. These machines detect the weaknesses in the bombo which the earlier process has not detected. These machines remove the less quality products so that only the exact quality can be ensured. From this process only high quality products can pass. There are three auto cone machines which have been imported from Germany. 9. Yarn Conditioner: it is meant for heating the bobby cone or Yarn so that unwinding becomes easy. This process also increases the weight of the yarn or bobby cone. These processes make the bobby cone ready to face the external atmosphere. 10. Packing: It is the last process. In this the bobby cones are packed in polythene packets. These packets are put in one big polythene bag with an average weight of 50 kgs. This packing saves the yarn from the external dust and moisture. 11. Dispatching: The final products are sent to the customers with the help of available medium of transport. Usually the company gives agreements to the local transport authority for dispatching of the products.

Government R.C College of Commerce & Management, Bangalore-01.

Page 38

Subadra Textile Private Limited., Bangalore.

THE PRODUCTION PROCESS


Blow room

Carding

Drawing

Lab Former

Comber

R.S.P. drawing

Simplex

Yarn conditioner

Packing

Dispatching

Government R.C College of Commerce & Management, Bangalore-01.

Page 39

Subadra Textile Private Limited., Bangalore.

Machines used In Production Process

Machines
1. 2. 3. 4. 5. 6. 7. 8.

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. Licker in or take-in 10. Doffer 11. Draw Frame 12. Lab Former 13. Comber 14. Ring Frame 15. Auto Cone 16. Simplex Frame

Drawing Lab Former Combing Spinning Auto Cone Simplex

Government R.C College of Commerce & Management, Bangalore-01.

Page 40

Subadra Textile Private Limited., Bangalore.

STRUCTURE OF PRODUCTION DEPARTMENT

DGM(Production)

Sr.Manager

Manager

Deputy Manager

Sr.Engineer

Engineer

Assistant

Government R.C College of Commerce & Management, Bangalore-01.

Page 41

Subadra Textile Private Limited., Bangalore.


SAFETY DEPARTMENT
Precaution from accidents and taking suitable precautionary measures is the main activity of this department. This department takes in to account all the precautionary measures.

Safety policy:
The following are the safety policies adopted by Subdra textile private limited. Compliance with applicable legislation and regulation. Continual improvement in the safety management systems performance. Enhancement of safety awareness amongst employees, customers and suppliers by proactive communication and training. Periodical review of safety management system ensuring its continuity, suitability, adequacy and effectiveness. Communication of this policy to all employees and interested parties. Co-ordination with concerned government agencies/regulatory bodies engaged in safety activities.

Functions:
Accident prevention To provide Personal Protective Equipments (PPE`s)like safety shoes to protect from piercing metals, contact from acids, electric shocks etc., welding shields, safety belt etc. to employees. Safety Education. 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.

Government R.C College of Commerce & Management, Bangalore-01.

Page 42

Subadra Textile Private Limited., Bangalore.


Ways to prevent accidents
Material should be lifted with the leg muscle, keeping the back straight and knees bent. When handling long objects, hold front end high and the rear end low. Check for potholes and unevenness in floor when using pallet carts & wheelbarrows. Do not over pile material such that it obstructs the visibility of the person handling. Heavy load should be placed well forward, so as to make it easier to lift and push. Concentrate on the job you are handling.

General safety Procedures


Fire prevention and protection: Leakage of oil should be stopped. Housekeeping and cleaning in the work area to be maintained. Electrical safety precaution should be implemented to prevent electric shock. Fencing / Guarding of rotating parts of machines to be ensured. Any other safety measures relevant to the jobsite to be ensured. Job specific PPE& safety devices to be provided. Reverse horn to be provided for all vehicles used within the premises. Close supervision should be provided from day 1. Trained first aiders with first aid station should be ensured. Contingency plan for all the catastrophes should be prepared. Emergency preparedness and response plan should be prepared and implanted. Job safety analysis to be prepared for critical activities. Flashers and red reflective tapes to be provided on driven piles.

Government R.C College of Commerce & Management, Bangalore-01.

Page 43

Subadra Textile Private Limited., Bangalore.


MAINTENANACE DEPARTMENT
The department deals with the purchase and maintenance of all the machines, matters related to electricity and also ensuring smooth functioning of the factory. Preventive maintenance system is practiced which prevents any kind of stoppage in production process. Effective maintenance management forms an important approach to reduce the total manufacturing cost and improves the productivity of Production process, failure of this management can lead to high penalty cost. 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.

OBJECTIVES
To maintain Plant machinery. Avoiding breakdown during the Production process. To ensure a longer life span of Plant and Machinery. To minimize operational costs through optimal maintenance.

The maintenance department in its day to day operations consumes the following materials:
Diesel Lubricants Machinery parts Grease Electronic items Springs

Government R.C College of Commerce & Management, Bangalore-01.

Page 44

Subadra Textile Private Limited., Bangalore.


MARKETTING DEPARTMENT
OBJECTIVES The marketing objectives are set by Subadra textiles Private Limited is to increase the profit of the company through cost reduction, increasing market share, creating new customer base and at the same time maintaining the existing customer loyalty. The following are the objectives of Marketing department: Setting up the marketing goals and objectives. Developing the marketing plans. Organizing the marketing function. Ensure the marketing efforts are put into action. Controlling the marketing program. To increase exports.

MARKETING MIX
Marketing mix is the policy adopted by the manufacturers to get success in the field of marketing. It emphasizes the customers preference. Manufacturers first analyze the customers needs and then plan his production to get satisfaction to the customers. Every management is therefore concerned with the markets and market behavior to identify needs of the customer. Marketing Mix is the combination of four inputs, which constitute the important aspect of a companys marketing system. They are: Product price Promotion Place

Government R.C College of Commerce & Management, Bangalore-01.

Page 45

Subadra Textile Private Limited., Bangalore.


PURCAHSING DEPARTMENT
Purchase of better quality raw material with best price in time for production also in house required trims to meet delivery date.

STANDARD PROCEDURE BUYING Receiving samples Checking Quality

Filling tenders

Selecting the best tender

Giving orders

Receiving Raw material Inspection of Raw material

Government R.C College of Commerce & Management, Bangalore-01.

Page 46

Subadra Textile Private Limited., Bangalore.


STORES DEPARTMENT
There are two types of stores present in Subadra Textiles Private Limited.

1. Raw material Store 2. Machinery Store


Raw material Store: Cotton is the raw material used in the production of yarn. When the raw material reaches the company, it is being stored in the company stores. The structure and locality of the stores is in such a way that it protects the raw material from outside dust, rain, temperature and external hazards. Raw material is purchased in bulk which is sufficient to run the production process for three to four days. Machinery store: This section purchases and stores the machinery parts of the company. It receives the requirement of machinery parts from each department and purchases the required machinery. This section also purchases the packing material required for the final product produced in the company. The packing material is purchased from the following companies: Arethi Cones (Pondicherry paper cones). Maruti industries (Bangalore). Narin Packing Industry. Lal Bag Traders (Bangalore). Raju & Sons( packing (boarls )

Government R.C College of Commerce & Management, Bangalore-01.

Page 47

Subadra Textile Private Limited., Bangalore.


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. Masks. 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. All the production process is done under strict quality control (U.T.4) which is checked regularly by quality control team under the command of quality control manager. Final audits of finished goods are done before offering the yarn to the buyer. QUALITY POLICY We commit to enhance our customer satisfaction by providing constant quality yarn at competitive price and well in time. We will also continuously improve our quality management system through appropriate training, work environment and resources. We will strive hard to achieve the objectives and goals set for each department through involvement, leadership, and teamwork.
Government R.C College of Commerce & Management, Bangalore-01. Page 48

Subadra Textile Private Limited., Bangalore.


QUALITY OBJECTIVES

SL No.

Department

Objective

Target date

01

Management

to obtain

ISO 9001-08 Representative certification

Aug. 2009

02 03

Marketing Raw Material Purchase

Lost order Analysis Development of one Supplier per month

Aug. 2009 Aug2009

04

Time office

to recruit ten workers Per month

Aug. 2009

05

Production

Yellow Line Marketing Including NCP Area marking

Aug.2009

Government R.C College of Commerce & Management, Bangalore-01.

Page 49

Subadra Textile Private Limited., Bangalore.


QUALITY MACHINES AND THEIR FUNCTONS
1.RAPING: This machine is used to check the count of yarn produced in the company. A count or yarn no. is a number which indicates the relationship between length and weight of and yarn or thread. As the company produces different variety of yarn counts, it becomes necessary to identify different counts produced. The output which comes out after this test is named as LEE. BALANCE: In this test weight of the yarn is checked. The standards for weight are already fixed. The yarn should pass the required weight. USTRR (U.T.4): This machine is used for imperfection. The cotton is brought from every process to this machine to check the quality. The latest machine is used to check the quality at every step. This is the main quality checking machine. AUTO CONER: These are the latest machines used for winding of yarn. These machines also serve as a quality controller. The machines check the weakness in the bombo (yarn) before winding on bobbin cones. From this machine the yarn with great strength is passed. STRENGTH MACHINE: This machine checks the strength of the yarn before and after simplex process. 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. The test is done according to the pressure which the yarn has to face.

Government R.C College of Commerce & Management, Bangalore-01.

Page 50

Subadra Textile Private Limited., Bangalore.


CHAPTER 6 SWOT ANALYSIS

STRENGTHS: Use of latest machinery Located in a strategic position. Low cost skilled labour. Use of U.T.4 machine for quality. Eco-friendly organization.

WEAKNESS: The organization does not have its own website. The training department should be expanded. High attrition level. Lacking latest technology. High cost of production.

OPPORTUNITIES Increase focus on product development. To develop R&D department. Investing in trend forecasting to enable growth of industry. To develop e-business to communicate with the world. THREATS Competition in domestic market Need to revamp consumer Consciousness. Fluctuations in the prices of products.

Government R.C College of Commerce & Management, Bangalore-01.

Page 51

Subadra Textile Private Limited., Bangalore.


CHAPTER 7 SUMMARY OF FINDINGS, SUGGESTING AND CONCLUSION FINDINGS:
The company does not have its own website. Since a website acts like a companys broacher and first point of contact to customers all over the world. It does not have global e-presence. The company has high attrition rate which increases employee hiring costs and which also affects production. The company uses latest machinery which increases both the quality as well as the total output and reduces the cost of production. The pricing of the companys products is very economical. The reason why the brand has caught on with the people is because it is moderately priced and is affordable.

SUGGESTIONS
The productivity of workers can be increased by providing them with more training, conducting seminars, workshops etc. The health of the workers is greatly affected and the company has to take measures to improve it. The workers have to work continuously without any breaks in between which takes a toll on the health of workers, this increases the stress and fatigue among workers. There should be performance appraisal programs to appraise the employees, which provides more growth opportunities and acts as a motivational tool and helps in employee retention. The company should setup its own website since its a global player.

Government R.C College of Commerce & Management, Bangalore-01.

Page 52

Subadra Textile Private Limited., Bangalore.


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.


This study has helped me in applying my skills, abilities, 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, organizing, staffing, directing, and controlling.

During the project work I has interacted with many employees and in-charge departments who helped me to gain practical knowledge. And it has helped me in enhancing my interpersonal skills like communication skills, technical skills etc.

This study has given me a wider knowledge of the activities doing in the organization.

Government R.C College of Commerce & Management, Bangalore-01.

Page 53

Subadra Textile Private Limited., Bangalore.

CONCLUSION
The textile industry mostly comprises of small and fragmented units, the medium and large organization mostly indulge in exports market. Unskilled and cheap labour is available in plenty, which mostly comprises of women who at times are also exploits as most of them are uneducated. Abundance of raw material gives India the edge over other countries since India is among the worlds largest producers of cotton and second largest producer of silk in the world. 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. Latest machinery with the latest technology are not available in India. Companies have to purchase the machinery from Germany, Japan and China. There is no production unit of such machinery available in India.

Government R.C College of Commerce & Management, Bangalore-01.

Page 54

Subadra Textile Private Limited., Bangalore.

BIBLIOGRAPHY BOOKS REFERRED:


ASWATAPPA.K: Human Resource Management, 9th Edition, Himalaya Publishing House, BANGALORE. P.S.B. SUBBA RAO: Human Resource Management, 5th Edition, Himalaya Publishing House, BANGALORE. Shashik Gupta & Rosy Joshi: Human Resource Management

OTHER REFERENCES:
Company handbooks of SUBADRA TEXTILES PRIVATE LIMITED 2009-10.

WEBSITES:
www.indiantextileindustry.com www.historyofindiantextile.com

Government R.C College of Commerce & Management, Bangalore-01.

Page 55

You might also like