Madan Mohan Malaviya University of Technology Gorakhpur Power loom Study of changing scenario of power loom since Advancement and suggestive measure Mentored by : Presented by Mrs Bharti Shukla Anubhav Srivastava , Ashok Kumar Astha Singh, Anand Srivastava Ankita Chaudhary, Ankita Srivastava
EXECUTIVE SUMMARY This research report focuses on “A detail study of the cotton club production by power looms in Gorakhpur” Objective of the Research Report:- To study the current position and situation of the business. To find out the strength and weakness of cotton cloth business in Gorakhpur. To identify the key opportunities and threats in the cotton business. To find out the problem faced by the employers and employees of the business. To explain the possible ways to eradicate weakness and problem in the form of suggestion and recommendation..
Current Position and Situation of Business Thousand of skilled worker engaged in the hand loom industry in Gorakhpur District are facing tough time. They believe handloom that has existed as a cottage industry here of decades, is facing a slow death. During 1984-85, there were about 25000-30000 workers associated with hand loom industry. But faced with problems, they are compelled to take up menial work in other professions. At present, the hand loom industry is under the grip of local money lenders. The local workers suffer exploitation following absence of any government support for them to arrange cotton.
Strength of cotton clothing producing Industry Local Labour Availability Effective Distribution System Effectiveness of sales force Devotion of the Businessman
Weakness of cotton clothing Producing Industry Unskilled labour Poor Training capacity Mismanagement on the part of owner Traditional production Process Poor Technological support Lack of professionalism Less promotional Activities Less Availability of capital or Capital sources.
Opportunities of Cotton Clothing Producing Industries Untapped market High Demand Estimated Need International market
Problem faced by entrepreneur Electricity Problem Labour problem Raw material Problem Problem related to the production process Market problem Problem of Mechanic
Action Plan Availability of electricity. Waste management (trained professional). Government policies. Availability of loan at cheaper interest rate. Subsidy of fixed Assets.