15-10-2014, 04:36 PM
Textile Industry
[attachment=69015]
EXCECUTIVE SUMMARY
Textile industry has a vast history in the world particularly in India. Today textile industry is providing employment. Being an MBA student I got an opportunity to study in a company to get a practical experience. I choose 4 CREATIONS. Because.
It is dealing with garments industry, which is one of the growing industries.
It is located in the South of Bangalore which is becoming an industrial hub of India
The structure of the company is very simple which was easy to study & understand
OBJECTIVES
The main purpose of the study is to know about textile industry.
To know the process of textile industry.
To study functional department of the company & there coordination with each other.
To get the practical experience of the business world.
INTRODUCTION TO THE STUDY
These Internship report is on the study undertaken together information and study in the attempt to gather knowledge about the organization from different aspects. Such as the function of different departments and suggest changes in order to contribute effectively towards the achievement of organizational goals. It is also aiming to enhance the Managerial Skills of Students. While conducting this study through interaction with the employees
BACKGROUND OF THE STUDY
Industries are the most vital sector to the economics of the world. Whether developed or developing country, industries support agricultural sector on one under and another under the product ends and by exporting this to earn foreign exchange. Hence industries are considered the back bone of the economy. Establishment of enterprises demand many facilities such as power transports facilities, nearness to market sources of raw materials and several other facilities. Textile enterprises are the enterprises which are contribute hugely to Indian economy by providing employment to huge population and by contributing to GDP. The textile industries is booming enterprises as human life style changes trend or dressing would change and enhance a variation in style or garments.
Textile Industry History
English inventors in the 18th century began to automate textile and cottage industry processes including carding, spinning and weaving. James Hargreaves developed the Spinning Jenny, a device which replaced eight hand spinners in one operation. Richard Spinning Jenny Arkwright assembled these processes and started the first factory on the Derwent River in Cromford, England in 1771.
Following the American Revolution, several founding fathers felt manufacturing should remain in England. Alexander Hamilton felt otherwise and wanted to establish a model mill village in Paterson, New Jersey. His ideas were ahead of their time. The "National Manufactory" went out of business in 1796.Samuel Slater of Rhode Island visited several mills owned by Arkwright and associates, memorized the essential features and returned to the US. In 1792, he opened a yarn spinning mill in Pawtucket, Rhode Island, the first successful automated yarn spinning in the US. In 1814, James Cabot Lowell of Boston built a factory in Waltham, up the Charles River from Boston. Later, the Boston Associates built an entire mill town on the Merrimack River, and later named it “Lowell" in memory of James Cabot Lowell.
INDIAN TEXTILE INDUSTRY
Textile Industry in India is the second largest employment generator after agriculture. It holds significant status in India as it provides one of the most fundamental necessities of the people. Textile industry was one of the earliest industries to come into existence in India and it accounts for more than 30% of the total exports. In fact Indian textile industry is the second largest in the world.
India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world.
India textile industry largely depends upon the textile manufacturing and export. It also plays a major role in the economy of the country. India earns about 27% of its total foreign exchange through textile exports. Further, the textile industry of India also contributes nearly 14% of the total industrial production of the country. It also contributes around 3% to the GDP of the country. Indian textile industry is also the largest in the country in terms of employment generation. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors. Indian textile industry currently generates employment to more than 35 million people. It is also estimated that, the industry will generate 12 million jobs in the future days.
VARIOUS CATEGORIES
Indian textile industry can be divided into several segments, some of which can be listed as below:
Cotton Textiles
Silk Textiles
Woolen Textiles
Readymade Garments
Hand-crafted Textiles
Jute and Coir
Strengths of Indian textile Industry
India has rich resources of raw materials of textile industry. It is one of the largest producers of cotton in the world and is also rich in resources of fibers like polyester, silk, viscose etc.
India is rich in highly trained manpower. The country has a huge advantage due to lower wage rates. Because of low labor rates the manufacturing cost in textile automatically comes down to very reasonable rates.
India is highly competitive in spinning sector and has presence in almost all processes of the value chain.
Indian garment industry is very diverse in size, manufacturing facility, type of apparel produced, quantity and quality of output, cost, requirement for fabric etc. It comprises suppliers of ready-made garments for both, domestic or export markets.
[b]MISSION AND VALUES OF THE COMPANY:[/b]
To provide clothes of exceptional quality, and unbeatable value to the worlds’ top retailers and brands”.
Steps taken to achieve the mission:
Accountability in all parameters.
Total commitment to deliver on time.
Seeking continuous improvement.
Obsession with quality.
Open attitude – changes, new methods, innovation
Managers leading by example
Openness in communication – no secret- transparency & human-respect
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 800 Most of labors are hired from places within kanakapura and J.P Nagar itself.
The company prefers employees who have prior knowledge of working in similar industry.
Objectives of HR
To identify and impart need based training to all personnel in line with long term goals and short term requirements of the company.
To provide HR required for the process laid down in the process module.
To develop and maintain competency model for the personnel whose work affects quality in line with the policies of the company.
To align individual value of the personnel with organizational values
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
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.
In case of fire the emergency call point is used.
Chemical containers should be labeled properly.
WELFARE ACTIVITIES
Mother committee & crèche
Works/Health and Safety Committee
Canteen Committee
Prevention of Sexual Harassment committee
Grievance Committee
Disciplinary Procedure
Conclusion
The 4 CREATIONS PRIVATE LIMITED believes that by providing quality products to considerable price it would be in a position to enhance customer satisfaction level thus they emphasis more on maintaining quality at a very high level and thus it would be reducing its cost on poor quality and also customers complaints would be minimized. Since it believes in delivering quality products to their customers it is emphasizing more on quality but due to non availability of proper resources and modern technologies the pace of production is not up to the mark.
The Company’s overall study and the profile of the company proves that though it started with a mission to carry forward the company’s success though decades, it was successful initially but faced many catastrophes in terms of competitors, inadequate financial aid etc.
Latest machinery with the latest technology is 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.
[attachment=69015]
EXCECUTIVE SUMMARY
Textile industry has a vast history in the world particularly in India. Today textile industry is providing employment. Being an MBA student I got an opportunity to study in a company to get a practical experience. I choose 4 CREATIONS. Because.
It is dealing with garments industry, which is one of the growing industries.
It is located in the South of Bangalore which is becoming an industrial hub of India
The structure of the company is very simple which was easy to study & understand
OBJECTIVES
The main purpose of the study is to know about textile industry.
To know the process of textile industry.
To study functional department of the company & there coordination with each other.
To get the practical experience of the business world.
INTRODUCTION TO THE STUDY
These Internship report is on the study undertaken together information and study in the attempt to gather knowledge about the organization from different aspects. Such as the function of different departments and suggest changes in order to contribute effectively towards the achievement of organizational goals. It is also aiming to enhance the Managerial Skills of Students. While conducting this study through interaction with the employees
BACKGROUND OF THE STUDY
Industries are the most vital sector to the economics of the world. Whether developed or developing country, industries support agricultural sector on one under and another under the product ends and by exporting this to earn foreign exchange. Hence industries are considered the back bone of the economy. Establishment of enterprises demand many facilities such as power transports facilities, nearness to market sources of raw materials and several other facilities. Textile enterprises are the enterprises which are contribute hugely to Indian economy by providing employment to huge population and by contributing to GDP. The textile industries is booming enterprises as human life style changes trend or dressing would change and enhance a variation in style or garments.
Textile Industry History
English inventors in the 18th century began to automate textile and cottage industry processes including carding, spinning and weaving. James Hargreaves developed the Spinning Jenny, a device which replaced eight hand spinners in one operation. Richard Spinning Jenny Arkwright assembled these processes and started the first factory on the Derwent River in Cromford, England in 1771.
Following the American Revolution, several founding fathers felt manufacturing should remain in England. Alexander Hamilton felt otherwise and wanted to establish a model mill village in Paterson, New Jersey. His ideas were ahead of their time. The "National Manufactory" went out of business in 1796.Samuel Slater of Rhode Island visited several mills owned by Arkwright and associates, memorized the essential features and returned to the US. In 1792, he opened a yarn spinning mill in Pawtucket, Rhode Island, the first successful automated yarn spinning in the US. In 1814, James Cabot Lowell of Boston built a factory in Waltham, up the Charles River from Boston. Later, the Boston Associates built an entire mill town on the Merrimack River, and later named it “Lowell" in memory of James Cabot Lowell.
INDIAN TEXTILE INDUSTRY
Textile Industry in India is the second largest employment generator after agriculture. It holds significant status in India as it provides one of the most fundamental necessities of the people. Textile industry was one of the earliest industries to come into existence in India and it accounts for more than 30% of the total exports. In fact Indian textile industry is the second largest in the world.
India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world.
India textile industry largely depends upon the textile manufacturing and export. It also plays a major role in the economy of the country. India earns about 27% of its total foreign exchange through textile exports. Further, the textile industry of India also contributes nearly 14% of the total industrial production of the country. It also contributes around 3% to the GDP of the country. Indian textile industry is also the largest in the country in terms of employment generation. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors. Indian textile industry currently generates employment to more than 35 million people. It is also estimated that, the industry will generate 12 million jobs in the future days.
VARIOUS CATEGORIES
Indian textile industry can be divided into several segments, some of which can be listed as below:
Cotton Textiles
Silk Textiles
Woolen Textiles
Readymade Garments
Hand-crafted Textiles
Jute and Coir
Strengths of Indian textile Industry
India has rich resources of raw materials of textile industry. It is one of the largest producers of cotton in the world and is also rich in resources of fibers like polyester, silk, viscose etc.
India is rich in highly trained manpower. The country has a huge advantage due to lower wage rates. Because of low labor rates the manufacturing cost in textile automatically comes down to very reasonable rates.
India is highly competitive in spinning sector and has presence in almost all processes of the value chain.
Indian garment industry is very diverse in size, manufacturing facility, type of apparel produced, quantity and quality of output, cost, requirement for fabric etc. It comprises suppliers of ready-made garments for both, domestic or export markets.
[b]MISSION AND VALUES OF THE COMPANY:[/b]
To provide clothes of exceptional quality, and unbeatable value to the worlds’ top retailers and brands”.
Steps taken to achieve the mission:
Accountability in all parameters.
Total commitment to deliver on time.
Seeking continuous improvement.
Obsession with quality.
Open attitude – changes, new methods, innovation
Managers leading by example
Openness in communication – no secret- transparency & human-respect
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 800 Most of labors are hired from places within kanakapura and J.P Nagar itself.
The company prefers employees who have prior knowledge of working in similar industry.
Objectives of HR
To identify and impart need based training to all personnel in line with long term goals and short term requirements of the company.
To provide HR required for the process laid down in the process module.
To develop and maintain competency model for the personnel whose work affects quality in line with the policies of the company.
To align individual value of the personnel with organizational values
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
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.
In case of fire the emergency call point is used.
Chemical containers should be labeled properly.
WELFARE ACTIVITIES
Mother committee & crèche
Works/Health and Safety Committee
Canteen Committee
Prevention of Sexual Harassment committee
Grievance Committee
Disciplinary Procedure
Conclusion
The 4 CREATIONS PRIVATE LIMITED believes that by providing quality products to considerable price it would be in a position to enhance customer satisfaction level thus they emphasis more on maintaining quality at a very high level and thus it would be reducing its cost on poor quality and also customers complaints would be minimized. Since it believes in delivering quality products to their customers it is emphasizing more on quality but due to non availability of proper resources and modern technologies the pace of production is not up to the mark.
The Company’s overall study and the profile of the company proves that though it started with a mission to carry forward the company’s success though decades, it was successful initially but faced many catastrophes in terms of competitors, inadequate financial aid etc.
Latest machinery with the latest technology is 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.