Texport overseas private limited

For any enquiry contact Rahul.G 9738805485

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CHAPTER-1
INTRODUCTION

INTERNSHIP TRAINING:
The internship is to gain the real time work experience and accept a challenge and to
learn, improve and develop new sets of skills.

During the internship the major competencies is working as activity watcher and
analyzing things from different prospective where I have to be able to prepare a realistic and
correct business process. And finally allow setting up personal targets to develop and
improve my skills.

This training report done based on the Bangalore university regulations, as per the
Bangalore university regulation the training report is part of our curriculum, which
mandatory to undergo the training in organisation. The objective of the training is given
below.

OBJECTIVES OF TRAINING:
During these two weeks of internship, working along with the colleagues and
communicating clients of Internship Company helped to maintain a good relation with the
company. It also helps to practice and improve the different skills during education such as:
To get exposed to the organization culture
To study the organization chart
To understand the Departmental functions
To apply theoretical aspects in practical
To get the experience of working in industry

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EXPECTATION:
Before start of internship expectations were high, because it involved an internship
which involves certain practices never followed several of them were not known what to
expect from an internship in general.
The company is named Texport overseas pvt ltd and they specialise in trading and
dealing with garments.
It is a trading company that is considered to be one of the best and the description of
my work, activities and assignments exist from; observing and researching, updating
contents, assisting with events and planning and executing the social media strategy and blog
developments also I did my own research by going through the company website to get an
impression and understanding what kind of company it was. With the knowledge obtained,
the goal of achieving learning objective was fulfilled.

INTRODUCTION TO TEXTILE INDUSTRY:
Textiles manufacturing is the second largest source of employment after agriculture
and accounts for 20% of manufacturing output providing employment to over 20 million
people Although Indian Textile is providing second largest industry of its employees but
stated in late January, the Minister of Textile Industry of India Shri Shankersinh Vagnela, the
transformation of the textile industry of the sunset, degrading, in the rapidly developing it
became the biggest achievement of the central government. After freeing the industry in
2004– 2005 years on a number of limitations, primarily financial, the government gave the
green light flow of massive investment – both domestic and foreign. During the period from
2004 to 2008, total investment amounted to 27 billion dollars. By 2018, still this figure reach
38 billion as expected; these investments in 2020 will create an additional sector of more than
17 million jobs.

INTRODUCTION TO THE COMPANY:

Texport overseas private limited, No.86/D1 Industrial suburb 2
nd
stage
yeshwanthpur Bangalore 560022

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On the first in the internship company was a new experience. It was small office. At
the beginning the idea of working in a house was a changed experience, with all small spaces
and the house environment. But later felt comfortable.

The experience of working in a company work with till date as an Intern was very
nice and helpful, The staff mostly exists of easy to interact and helping. This is very useful
way to learn and share the knowledge with each other.

Overall introduction to the company went really well. The work fits my education
criteria and also provided better knowledge of real hands on experience.

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CHAPTER- 2
INDUSTRY PROFILE

HISTORY:
India‟s garment industry is one of the mainstays of the national economy. It is also
one of the largest contributing sectors of India‟s exports worldwide. The garment industry
accounts for 14% of industrial production, which is 4% of GDP and employs 45 million
people and accounts for nearly 11% share of the country‟s total exports basket. India‟s
exports ofTextiles and Clothing together clubbed as garments is pegged at USD 64.41 billion
by the end of March, 2017. Exports of garment products from India have increased steadily
over the last few years, particularly after 2004 when textiles exports quota was discontinued.
Textiles exports in the financial period of 2012- 2013 witnessed a negative7.55 percent
growth in dollar terms although there was a 6.00 percent growth in rupee terms.

During the year 2014-2015, Garments accounted for almost 41% of the total textiles
exports. The total textile exports during 2014-15 was valued at Rs 137619.44 crore as against
Rs 129829.30 crore during the corresponding period of financial year 2011-12, registering an
increase of 6.00 percent in rupee terms. In US dollar terms, the same was valued at US$
25263.74 million as against US$ 27328.06 million during the valued at US$ 25263.74 million
as against US$ 27328.06 million during the corresponding period of previous financial year
registering a declaim of 7.55 percent in US$ terms.

INDUSTRY PROFILE:
Role of Textile Industry in India GDP has quite beneficial in the economic life of the
country. The worldwide trade of textiles and clothing has boosted up the GDP of India to a
great extent as this sector has brought in a huge amount of revenue in the country. In the past
one year, there has been a massive upsurge in the textile industry of India. The industry size
has expanded from USD 37 billion in 2004-05 to USD 49 billion in 2006-07. During this era,
the local market witnessed a growth of USD 7 billion, that is, from USD 23 billion to USD 30
billion. The export market increased from USD 14 billion to USD 19 billion in the same

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period. The textile industry is one of the leading sectors in the Indian economy as it
contributes nearly 14 percent to the total industrial production. The Textile industry in India
is claimed to be the biggest revenue earners in terms of foreign exchange among all other
industrial sectors in India. This industry provides direct employment to around 35 million
people, which has made it one of the most advantageous industrial sectors in the country.

SOME OF THE IMPORTANT BENEFITS OFFERED BY THE INDIAN
TXTILEINDUSTRY ARE AS FOLLOWS:

 India covers 61 percent of the international textile market
 India covers 22 percent of the global market
 India is known to be the third largest manufacturer of cotton across the globe
 India claims to be the second largest manufacturer as well as provider of cotton yarn
and textiles in the world
 India holds around 25 percent share in the cotton yarn industry across the globe India
contributes to around 12 percent of the world's production of cotton and textiles.

SOME OF THE TEXTILE INDUSTRIES ARE AS FOLLOWS:

 Market
 Globe
 Yarn and world
 Indian yarn and textiles

The role of Textile Industry in India‟s GDP has been undergoing a moderate
increase till the year 2004-2005. But ever since 2005-2006, Indian textiles industry has been
witnessing a robust growth and reached almost USD 17 billion during the same period from
USD 14 billion in 2004-05. At present, Indian textile industry holds 3.5 to 4 percent share in
the total textile production across the globe and 3 percent share in the export production of
clothing. The growth in textile production is predicted to touch USD 19.62 billion during
2006-07. USA is known to be the largest purchaser of Indian textiles.

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FOLLOWING ARE THE STATISTICS CALCULATED AS PER CONTRIBUTION
OFTHE SECTORS IN TEXTILE INDUSTRY IN INDIA GDP:

 India holds 22 percent shares in the textile market in Europe and 43 percent shares in
the apparel market of the country. USA holds 10 percent and 32.6 percent shares in
Indian textiles and apparel.
 Indian share in few other global countries apart from USA and Europe, where India
has a marked presence include UAE, Saudi Arabia, Canada, Bangladesh, China,
Turkey and Japan.
 Readymade garments accounts for 45 percent share holding in the total textile exports
and 8.2 percent in export production of India.
 Export production of carpets has witnessed a major growth of 42.23 percent, which
apparently stands at USD654.32 million during 2004-05 to USD 930.69 million in the
year 2006-07. India holds 36 percent share in the global textile market as has been
estimated during April-October 2007.
 The technical textiles market in India is assumed to touch USD 10.63 billion by 2007-
08 from USD 5.09 billion during 2005-06, which is approximately double. It is also
assumed to touch USD 19.76 billion by the year 2014-15.
 By 2010, is expected to double its share in the international technical textile market.
 The entire sector of technical textiles is estimated to reach USD 29 billion during
2005-10.
 The Indian textile Industry has a complex structure. On one hand it is marked by the
presence of large-scale production organized players, while on the other hand are the
numerous small-scale independent units.
 The middlemen in the textile fabric trade backed the growth of the small-scale
independent unit. Traditionally textiles have had a long chain of distribution with
various intermediaries like the Wholesalers, Distributors, Agents, etc.
These intermediaries were the marketing arms of the mills and played a major role in
maintaining contact with the final customer, the retailer. With the mills being manufacturing
oriented, lost all contact with the final customer and the intermediary became all-powerful.
The intermediaries in order to sustain their businesses resorted to buying from the
independent units.

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In addition the growth of garment exports from India, led to a demand for made to order
fabrics, often in short runs. Thus the garment exporters/middlemen started approaching these
independent units with their own designs. Doing business with the independent units gave the
garment manufacturer a higher degree of flexibility.

INDIAN APPAREL INDUSTRY - AN OVERVIEW:
The apparel industry is one of India's largest foreign exchange earners, accounting for
nearly 16% of the country's total exports. The 1996 Indian textile exports
approximately amounted to Rs.35,000 crore of which apparel occupied over
Rs14,000Cr.
It has been estimated that India has approximately 30,000 readymade garment-
manufacturing units and around three million people are working in the industry.
Today not only is the garment export business growing, enthusiasm in the minds of
the foreign buyers is also at a high.

Consistent efforts towards extensive market coverage, improving technical capabilities and
putting together an attractive and wide merchandise line have paid rich dividends. But till
today, our clothing industry is dominated by sub-contractors and consists mainly of small
units of 50 to 60 machines. India's supply base is medium quality, relatively high fashion, but
small volume business.

Recent recession in Europe and the South Asian currency crisis has also contributed
their own bits to the decimating Indian exports. Though these are expected to fizzle out soon,
there is no reason for complacency on the part of Indian exporters or of the garment industry.
The industry will be soon faced with open competition shorn of quotas or tariffs.

Thus the need of the hour is to enlarge both manufacturing as well as the marketing
base. Inculcation of a spirit of innovation by way of research and development and tapping
new markets especially in South Africa, Central Africa, CIS, East European countries, Latin
America and Australia is also mandatory for export growth.

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STRUCTURE OF THE GARMENT INDUSTRY:

The apparel industry is one of India's largest foreign exchange earners, accounting
for 12% of the country's total exports. Garment manufacturing is one of the most fragmented
sectors of the Indian textile industry.

The garment industry comprises manufacturers of ready-made garments for either the
domestic or export markets or, in certain cases, both. The constituents of this segment are
very diverse in terms of their size, production facility, the type of apparel manufactured, the
quality of output, fabric requirement, price sensitivity etc.

The segment is extremely fragmented, with an estimated 27,000 domestic
manufacturers, 48,000 fabricators (job contractors) and around 1000 manufacturer-exporters.
The break-up of the apparel sector by scale of operations is shown below:

Ownership of the firms in the apparel industry, are by and large either proprietorship /
partnership. In the manufacturing base, fabricators dominate the scene with a share of 72% of
the estimated manufacturing capacity of 1.5 million machines.

Typically a so-called "large" apparel manufacturer, producing under his own brand and
marketing it regionally or nationally, has a factory of about 20-25 machines, an annual sales
turnover of less than Rs. 1.05 crore (USD 3,00,000) and a total consumption of various
fabrics of 1 - 1.2 lakhs mts. per year. This scale itself was not achievable by most
manufacturers due to the underdeveloped marketing chain from fabrics through apparel to
retail.
There are only handful companies with production capacities ranging from 50-100
sewing machines. However, these machines are installed in different areas / sheds, and are
often under separate company names. The share of manufacturers of this scale in the industry
remains low, even negligible.

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GARMENT EXPORTS FROM INDIA:

India is the world's second largest producer of textiles and garments and account s
for 63 percent of the market share of textiles and garments. The textile and apparel industry
can be broadly divided into two segments yarn & fibre and processed fabrics and apparel.
India has the highest loom capacity (including hand looms) with 63 per cent of the world's
market share. In addition, India accounts for about 14 per cent of the world's production of
textile fibres and yarns (largest producer of jute, second largest producer of silk and cotton;
and third largest in cellulosic fibre).

The welcome decision of phasing out Multi-fibre Agreement will end the regime of
quotas and will unleash "competition", overwhelming condition of playing in the global
market. Survival of the fittest shall become the rule of the game and the Indian clothing
industry whose supply base is medium quality and small volume business shall have to brace
itself and go for rapid modernization, timely delivery and broad basing its export basket and
market.
For India the Clothing industry has performed quite well in exports. It has been filling
most of the quotas every year. As compared to Rs.12 crore in 1970-71, exports have reached
Rs.18, 000 crore by 1998. The major competitors in this segment of the market are developed
countries, Asian Tigers like Korea, Taiwan, Hong Kong and Singapore, developing countries
like Indonesia, Thailand and Malaysia and neighbouring countries like Bangladesh and
Myanmar and China, of course.
In order to ensure quality of garment exports the SSI restriction of the garment
industry should be removed. Present equity participation of 24% by the foreign partners
needs to be enhanced and Joint Ventures with majority share holding as well as technical
collaborations should be allowed. Labour laws need a remodelling and liberalization.
A research, development and training institute focused on post garment processing
like washing dyeing etc. is also needed. Indian government should negotiate higher quotas
from USA / EEC in accordance with its sizes and capabilities. Stream lining Internal Quota
Administration and freezing minimum export prices is crucial for the future of the readymade
garment export industry.

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GARMENT EXPORTS VS TOTAL TEXTILE AND GARMENT
EXPORT (MN. USD)


















The garment exports have grown at a very high rate of 13% over the last five years.
In spite of this high rate, the share of the garment exports in the overall textile basket has
decreased over the years.

Cotton forms the significant part of the garment exports from India. It accounts for
nearly 80% in terms of volume. Synthetics contribute to about 17% whereas the rest is
accounted by wool and silk.




Year Garment Total Textile and %
Exports Garment Exports Garment
Exports

2010-11 5762 11172 48%

2011-12 6210 11,366 47%

2012-13 7069 11,722 50%

2013-14 7340 12,342 52%

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INDIAN TEXTILE MARKET SIZE:

The size of India‟s is expected to expand at a CAGR of 10.1 percent.









INDIA'S TEXTILE AND APPAREL SECTOR:

In 2012, apparel had a share of 69 percent of the overall market; textiles contributed
the remaining 31 percent.india textile sector is one of the oldest industries in Indian economy
dating back several countries.Even today textile sector is one of the largest contributers to
india`sexports with approximately 11percent of total exports. The textile industry also labour
intensive and is one of the largest employers.The industry realized export earnings
worthUS$41.4 billion in 2014-15 A growth of 5.4 percent.The textile industry has two broad
segments.The unorganized sector consist of handloom, handicraft and sericulture. Which are
operated on a small scale and through traditional tools and methods. The second is the
organized sector consists of spinning, apparel and garment segment which apply modern
machinery and techniques such as economies of scale.

The textile industry employs about 40 million workers and 60 million indirectly.
India overall exports during 2015-16 stood at US$40 billion. Textile apparel exports from
India are estimated to increase to US$65 billion by2016-17 from US$ 40 in the year 2013-14.

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INVESTMENTS:
The textile sector has witnessed a spurt in investments during the last five year
the industry including dyed and printed attached foreign direct investment worth US$ 1.85
billion during April 2000 to march 2016.

In terms of quantity there was a decrease of 9.2% to 82 million pieces from 90.3
million pieces last year.

Exports during April - November this year increased by 1.7% in terms of quantity to
635 million pieces, but posted a decline of 7.4% in value to US $ 2,314.7 million.

Exports to US during April - November was 191.3 million pieces representing a growth of
5% in quantitative terms, but in value terms there was a decline of 10%.

Exports to Europe during April - November showed a decline of 3.9% in value & an
increase of 1.2% in Quantative terms.

QUALITY CONTROL IN TEXTILE AND CLOTHING INDUSTRIES:

Production of fibres in the world is expected to increase to 50 million tonnes in the
year 2010. Scenario for textile and clothing industry is fast changing with Internet becoming
a global market place and increased consumer awareness. World seems to be shrinking,
bringing down trade barriers. Under these challenging market conditions effective quality
systems have emerged as a major thrust point.

Quality control is not a recent realization, though it has become paramount now. In
the past, techniques like Coal Tar distillation, Mercerization and Sanforization have led to
quality enhancement/ improvement. Now even flame proofing, anti-microbial, water and oil
proofing and several other properties can be obtained with new finishes. And with each finish
came specifications and special quality control parameters.

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In 1970s and 80s readymade garments became the premier retail outlets for fabric.
This brought a revolution of sorts, expanding quality parameters from more dimensional
stability and colourfastness to garment appearance, feel & fall, construction, physical
properties, special finish and presentation.

Garment manufacturing and processing techniques have come a long way. Enzymes in bio
polishing, use of resins and subsequent curing in Garment forms are required to have their
own quality parameters. Specialty products of special end-uses also require their own set of
quality specifications. For example, defence textiles need rot proofing, children's wear should
be colourfast to saliva and garments for Arctic conditions require ability to withstand extreme
cold.
Based on end uses, specifications are even further categorized, like for school wear
tear strength is 700 g.: warp & weft. There are similar ranges in dimensional stability, steam
strength, abrasion resistance, seam slippage and other test descriptions for various clothing.

While improving on quality of textile ecological factor cannot be overlooked. Textile
industry uses many chemical pollutants, allergens & carcinogens. These have to be severely
restricted by laying down ecological requirements. Only limited use of various chemicals like
azo dyes, heavy metals, odour, etc should be permitted.

Textile industry also needs to address the problem of indiscriminate disposal of
wastewater loaded with toxic chemicals. Quality parameters & specifications in future will
revolutionize/ pervade/ define the whole ' life-cycle ' of a textile product.

The quality of a final product is as good as at the various levels of manufacturing. To
achieve consistency in quality it is necessary to define quality parameters. With this view, the
International Standards Organization (ISO) has published the standards series ISO 9000. In
the long run, good quality always pays.

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CHAPTER-2A
COMPANY PROFILE

HISTORY OF TEXPORT OVERSEAS PVT LTD:
The company was started in year 1995 for manufacturing of textile garments by
importing 70 stitching machines and imported washing & Finishing equipment. The
company has enhanced the capacity of the company to double and incorporated in 1996.
The company owned its retail outlet In Bangalore,belgaum and mysore.

The company plays an important role in competition with well renowned players
like John Players, Allen Solly, Proline, Peter England, Levis, Lee, etc. Texport overseas
pvt ltdalso diversified its product from Trousers and Shirts for Mans, Women‟s AndKids.

COMPANY PROFILE:
NAME OF TYPE OF YEAR OF PRODUCT MAJOR
THE COMPANY INCORPORATION PRODUCED CUSTOMERS
COMPANY

TEXPORT
OVERSEAS PVT
LTD TEXTILES 1995 CLOTHING
JOHN & BILL
&
RIPPER



COMPANY PROFILE:
Tex Garments is quality private label manufacturer produces quality men‟s ware
and women‟s ware through are groups of factories located in India. From product
development, raw material sourcing, quality assurance, export documentation to shipping
consolidation, they provide a great buying experience for the customers.

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The company was established in 1995, which has been a manufacturer of readymade
garments for the past few years. It‟s a supplier of readymade garments to almost all the states
of India and exports to France, Kuwait, Sri Lanka, Muskat, Dubai and Singapore. The
development of the most modern and advanced technology has ensured that the garments
manufactured of the best quality and flexibility maintained in manufacturing the products.

The company is a believer in the importance of quality product and service in order to
strengthen its goodwill in the Industry. Our products measure up to all required standards of
quality to ensure that customers are duly satisfied.

VISION:
To become a renowned global leader in the business of developing and manufacture
of both male and female garments.

MISSION:
To merge as a unique global centre for design, development manufacturing excellence
of own products by upgrading quality, reliability, dependability and competitor
analysis
To sustain excellence in customer satisfaction
To develop innovative capabilities.


COMPETITORS:
John Players
Allen Solly
Peter England
Proline
Levis
Lee.

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TRADE MARKS:

1. “JOHN & BILL”, REDEFINE STYLING





2. “RIPPER”, “A LITTLE SOMETHING EXTRA”






GLANCE:
Name of Company TEXPORT OVERSEAS PRIVATE LTD
Class of company Private
Year of Establishment 1995
Year of Incorporation 1996
Registered Head Office
No 86/D1Industrial suburb 2
nd
stage yeshwanthpur Bangalore
560022
E-mail [email protected]
Ownership Wholly owned by the Director
Fax [phone]
Source of Finance SBI
Manufacture & Export Men‟s, Ladies and Kids ware
Specialist In Trousers & shirts
Business Policy Strict Quality Control Reasonable Price Fair deal to our
JOHN & BILLS

RESIDENCY STYLING

RIPPER

“a little something extra”

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Customer for Mutual Growth
CIN NO. U70200KA1995PTC016861
Production Setup
Imported Sewing Machines for stitching, cutting,Buttoning,
elastic fitting, embroidery etc. In housefacility right from
cutting, stitching, finishing andpacking Dying & printing
process in our associateconcern on all types of fabric
(Cotton & Synthetics). Dying & printing by which we make
them ECO-FRIENDLY. Effluent treatment Plant for Plant
&Machinery worth Rs.17 lakhs9000 sq. ft. area of landfor
factories.
Product Range
Men‟s : Trousers & shirts,
Ladies: Trousers & shirts, And Kids ware.
Outsourced Product Fabrics.
Total Employees 400

PRODUCT’S PROFILE:


PRODUCT RANGE

MEN’S WOMEN’S KID’S
Trouser Shirts 1.Formal were pants 1.Half elastic pants
Formals: Shirts: 2.Casual ware pants 2.Kids shirts
1.Twin flits1.Formals 3.Denim 3.T-shirts
2.Semi formals2.Casuals 4.Women‟s Kurtas 4.Denim
3.Execuitive 5.Women‟s tops 5.Cargo pants
Casuals:4.Short sleeves 6.Denim kids wear
1.Fleet front5.Full sleeves
2.Cargo pants6.Denim
3.Zip up pants7.Kurtas
4.shorts8.T-shirts

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CHAPTER-3
ORGANIZATIONAL CHART & DEPARTMENTAL PROFILE

ORGANISATIONAL CHART OF TEXPORT OVERSEAS PVT LT D


























Chairman& MD

Director (Technical) Director (Marketing)
General Manager
(Production)

Manager
(Stores)
Security
Manager
(A/C)
Manager
(R&D)
Regional Manager
(South)
Marketing
Manager
Marketing Executive
Manager
Production
Designing &
Merchandising
Manager
Sourcing
Manager QC

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ORGANIZATION PROCESS:

Organizing is the process of establishing orderly uses for all resources in the
organization. Organizing function is the primary mechanism with which managers activate
plans .This mechanism identifies the resources to be applied for specific activities. When,
where and how the resources are to be used will be effectively told by this mechanism.
Following chart will explain the organizing process:

ORGANIZATION PROCESS CHART














ORGANISATION STRUCTURE OF TEXPORT OVERSEAS PVT LTD:
Organization structure is the established pattern of relationships among components
or parts of the organization. To prescribes the relationship among various positions and
activities in business. Since persons hold various positions so structure creates relationship
among them
The organization structure consists of four main levels of hierarchical structure. They
Step1Analyzing
plansand objectives
Step2Establishingmajor
tasks
Step3Split major tasksto
sub -tasks
Step4Allocatingresources
anddirectives
Step5Evaluating
resultsof
organizingstrategy

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are all functional in nature.

1. Top level consists of Chairman and Managing Director.

2. Second level consists of Directors, General Managers and special officers.

3. Third level consists of senior manager, manager, deputy manager and officers.

4. Fourth level consists of clerks, assistants and others.

Vision:

To be the provider of world-class fashion wears and to promote the company‟s
imagein the customers minds, with the competent work force.

Mission:

To promote and uphold its image as makers of latest international trendy
fashionable products.

To promote fashion and quality product.

To build up reputations of international fashion.

To create and maintain the brand loyalty of its customer.

To serve the national economy and attain self-reliance.

Milestones:
In 1995 directors have started factory with 70 imported switching machines
and imported washing and finishing equipments.

In 1996 the capacity of factory was doubled and incorporated as PVT LTD.

Various functional departments control every productive organization. In
Texport overseas pvt ltd the following are the departments performs varied
functions to attain their departmental objectives which in turn confine towards
attaining organization‟s mission as whole.

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DEPARTMENTAL PROFILE:
The organization has four major functional departments which are as follows:

TYPES OF FUNCTIONAL DEPARTMENTS

1. Production Department

2. Human Resource Department

3. Marketing Department

4. Finance Department


PRODUCTION DEPARTMENT ANALYSIS:
The product is at most important to any organization, without product which any
managerial activity is impossible. So the production department acts as a core centre of the
whole organization.

Objectives:
To follow up the daily production schedule as per the plan.

To cover up any deviation from the standards.

To coordinate and maintain close relationship with all other key departments.

To upgrade technical efficiency of the production.

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Production Departmental Chart:
















Production Plants at Texport overseas pvt ltd:

Designing And Merchandising.


Cutting.


Stitching.


Finishing.


Designing and Merchandising:
In Designing and Merchandising, Garments are designed as per the International
General Manager
(Production)
ProductionPlant
(Manager)
PurchaseDepartme
nt(Manager)

StoresDepartm
ent(Manager)

QC(Manager)

Workers
Workers Workers Workers

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trend by designer‟s at least 30-40 styles per month.

Subsequently merchandising department produces the samples and the Board of
Directors and Marketing department approves these samples further forwarded to Production
department. Production will be taken as per the sample approved.

Cutting:
As per the samples, the patterns will be made and the fabrics will lie as per the
pattern, accordingly the fabrics will be cut, numbered and sent to stitching.
Cutting machine









Stitching:
Stitching is carried out as per the sample provided, after stitching quality control
checks the measurements and sent to finishing.

Stitching department

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Finishing:
After stitching and passing quality fabrics, washing will take place again checking byquality
control and then ironing will be done and packed and sent to warehouse.

Purchase Department:

Objectives:
Make sure of continuous availability of materials all the production cells.

No excessive investment in materials.

Make sure of minimum wastage.

Make sure of the purchase price being reasonable and that matches the quality
and service.

To upgrade technical efficiency of the production. Be informed of material
requirements, stocks and usage over regular intervals to track of records.


Purchase Procedure:
The purchase department will request the supplier to register with the company by paying the
registration fee.It purchase required materials by calling tenders by only the registered
suppliers. Only registered supplies will quote for the tender. The purchase negotiation
committee will take care of this task.

Selection from Alternatives:
The company calls for application on the open tender basis. In that they select three
least bidding suppliers they are called for negotiation with previously supplied suppliers. The
company maker‟s negotiation with them. After negotiation, which is selected for supplying
goods, they will get the order for one year.

The Texport will set 30 days credit for suppliers. It varies from 30 days to 90 days,
based on the volume of materials purchased and the demand for the product price by the
users department. It collected 10% of the value of the tender as security deposit becomes

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some suppliers may deviate from supplying of raw materials. The materials
department has the right to purchase the raw materials. The materials department has the
right to purchase the raw materials up to Rs.5000 in case of emergencies.

Frequency of Purchase:
First the marketing department will inform the next four-month sales target; based
on this target the production department will raise the indent for materials. Then purchase
department will place the order based on the user department‟s requirements for the whole
year and goods will be received on monthly basis.

Stores Department:

Functions of Stores Department:
Goods should be stored properly so as to protect from danger, deterioration, theft,
etc., hence care should be taken to safe guard the material. The stores department will
perform the following main functions:

Receipt of goods in to stores department.


Protection and prevention of materials.


Issue of materials to required departments.


Maintain stock of materials.


Maintain proper records.


Checking the invoice with material received note and purchase order in respect
of quantity of materials received.


Types of Storage Cells:

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The Texport department stores and stocks the raw materials in different cells with
special criterion on each one of its features. The following are the different storage cells
available to store varied materials.
Raw material stores.

Finished goods stores.

Packing materials stores.

Raw material stores:










The raw materials are stored in warehouse in bulk, materials are bought to production unit as
and when it is required.


Finished goods stores:

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Packing material stores:

















Procedure to Receive the Goods:
The goods are issued in first in first out (FIFO) basis. The stores department will
request the materials department to place an order when there is no stock of materials asked
by the user department. The material department sends the copy of purchase order to the
stores department and in turn this store department inspects raw materials to check whether
they meet specifications and they prepare the goods received report.

The purpose of valuation of stock, stock is valued at weighted average method. But
stocks are issued in first in first out (FIFO) method. From the following procedure the
company will receive the goods.
Indent for materials to be received from the users department.

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Purchase order is placed. (Up till this function, the work is done by purchase
department after this the work of stores department will starts).

Receiving the goods along with the invoice/delivery challan.

Preparation of GRR (goods receiving report).

Sending GRN (goods received note) materials/purchase and finance
department.



Documents Maintained In Stores Department:
The following are the eight main documents prepared and maintained by the
stores department for its purpose of reporting to finance department.

Bin slip.


Stores ledger.


Goods received report (GRR).


Goods received note (GRN).


Stores requisition issued note (SRIN).


Delivery note.


Purchase indent.


Purchase order.


Preparation of Goods Received Report (G.R.R):
After the goods are received, the stores department prepares a goods received report
and it is sent to the user department so as to inform the user department about the receipt of
goods. The goods received report mentions all the specifications of goods received viz.
quality, quantity, brand, etc.

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Preparation of Goods Received Note (G.R.N):
After the preparation of G.R.R, the stores department prepares the goods received
note. This is sent to the materials department so as to inform the department about the goods
received. A copy of this is also sent to the finance department for releasing the money to the
materials department.

Stores Requisition and Issue Note (S.R.I.N):
The stores requisition and issue note clearly states the amount of goods requested by
the user department and the subsequent issue of goods. The stock is issued on „first in first
out‟ (FIFO) basis. For the purpose of stock, the „Weighted Average Method‟ is used.

BIN Slip / BIN Card:
A bin card is attached along with the goods received in a particular consignment.
The bin card specifies the quality, brand, supplier, etc., of the consignment received. The
subsequent issue from a particular bin is also recorded on the Bin Card.

Inventory Maintenance:
The stock is valued on the Weighted Average Method. There is no danger limit
specified. If the stores officer feels that the stock level is critical, he reports the same to the
materials department and the materials department takes subsequent action.
Quality Control Management:

Objectives:

To maintain customer satisfaction at the optimum level.

To maintain standard quality, size and finishing.


“This Garment commits to “customer delight” through the total quality management.
Continues improvement by involvement of all its employees”

Quality plays a very important role because all of its products are consumer goods

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and hence it must satisfy and come up to the customer expectation as well established quality
control department.

The quality control inspection is done after each batch production gets over. The
attribution inspection are color, size, shape, etc., this department ensures the quality of the
product.

Global Favorites:
The texport has a long tradition of maintaining the high quality standards from the
selection of raw material to processing and packing of the end product. The reason why its
products are much demand.

Maintenance Department:
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 is mainly a maintenance division and its main works to
maintain the machinery and important spare parts in an emergency basis.


Objectives:

To maintain plant and machinery.


Avoid break down 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:

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Diesel


Lubricants


Cotton waste


Needles


Machinery parts etc.


Areas of Maintenance:


Mechanical.



Electrical



SWOT Analysis:

Strengths:


R&D strength to design and develop new patterns with new techniques
in Popular design, new texture as per requirement of the market.


The Apparel design has defendant colour fabrics that attract customer.



Weaknesses:


Relatively lower value of production leading to high cost of production.



Less variety of patterns and design.

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
High cost of production.



Opportunities:


Company is grabbing a wide range of patterns of designing textiles that
increases demand.


Supports companies with product process and innovation.



Threats:


Availability of finance in time for innovation and capital investment.



Competitors from Chinese textile, industries which adopt latest technology and
also affects export business.


HUMAN RESOURCE DEPARTMENT ANALYSIS :

Objectives:

The primary objective is to ensure availability of competent and willing work force to the
organization.


To maintain good relationship between the employer and employees.



To maintain good industrial relation.



To select right type and number of employees.

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To comply with all government and statutory bodies.

Responsibilities of Personal Department:


Performance review of employees.



Maintenance of all personal records.



Co-ordination with other departments in recruitment of employees.



Broad Functions:


Recruitment of employees i.e., Man-Power Planning.



Implementing policy matters.



Salary/wage administration.



Statutory administration – like factory act, ESI, PF and other labour
enactment.



Security transport administration.



Public relations work with respect to govt.

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Human resource Departmental Chart:











Recruitment:

It is both external and internal. In external sources they uses sources like advertisements in
newspapers.The internal source is basically promoting personnel to the higher office. This is
done to fill vacancies of middle and top personnel.Basically the industry recruits experienced
workers and undergo Fifteen days of training to the workers.
Leaves and Holidays:

1. General Leaves:

Earned Leave (E.L.) 15 days.
Sick Leave (S.L.) 10 days.
Casual Leave (C.L) 7 days.
Festival Leave 10 days.

2. Special Leave For Women Employees:

HR
DEPARTMENT
RecruitmentDepartm
ent
DisciplinaryDepartme
nt
SecurityDepartment

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Maturity leave facility Act: (1961 act) under this act the company will sanction
12 weeks of special with full salary for women employees.


Leave Rules:


Permission for privilege leave is to be sought 1 day in relation with the
concerned officers.



Casual Leave (C.L.) cannot be taken for more than 31 days at a time or a
medical certificate will have to be produced.


Disciplinary Action:

The employees are covered understanding orders, which deals with the disciplinary
measures. This disciplinary action is also taken to punish the defaulters for having failed to
practice certain rules and regulations through warning notices, letters, charge sheets, enquiry
notices, fines with holdings of promotions and increments, dismissals, etc.

Working Shifts:

The Employees have only one shift they have to work from 9.30am to 5.30pm.

Bonus:

The workers will get bonus from the joining day to the service. Bonus is given on
the basis productivity. It is given to the person whose pay is more than 3500 per month. As
per the government rules the company has to pay 8.33% bonus to the employees.

Increment:

The range of increment per worker is from a minimum of Rs.100 to a maximum of

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Rs.500, employees who covered under industrial DA increments are based on consumer
price.

Securities Department:

It has been five years contract to the PENGEION SECURITY SERVICE and payments
are made on the basis of contract made and the present strength is ten.

SWOT Analysis:
Strengths:


Comprehensive support infrastructure and training facilities.



High degree of participating management.



Good planning and managerial ability.


Harmonious management employee‟s relationship.
Weaknesses


Heavy amount of money spent on promotional activities.



Increase in staff and union.


Opportunities:


Develop local skills based through increasing training low cost of labour.



Exploit local expertise in related sectors culture and technology.


Threats:

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
The Increasing regulatory pressure.


Availability of skilled labourers.


MARKETING DEPARTMENT ANALYSIS:

Marketing Department:

Objectives:
The marketing objectives are set to increase the profits of the company through cost
reduction, increasing market shares, creating new customer base and at the same time
maintaining the existing customer loyalty. The following are the objectives of the marketing
department wide:

Setting up of marketing goals and objectives.



Developing the marketing plans.



Organizing the marketing function.



Ensure the marketing efforts are put into action.



Controlling the marketing program.

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Marketing Departmental Chart:

















Marketing:
The company itself taken the responsibility of selling their products and it is found
that it has been quit success in marketing their own products.
The company has different marketing branches in different parts of India to market
internally. The main marketing branches are:


Bangalore



Mysore



Belgaum


MarketingDepartment
(Manager)
Marketing
Department
PackingDe
partment
R&DDepart
ment
Distribution
Department
Advertising
Department
External Internal

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
Hyderabad



Chennai


To look after international markets the company looks at exports and export transactions. The
major marketing polices are elaborated in details in the following topics.

Marketing Mix:

Marketing mix is the policy adopted by the manufacturers to get success in the field
of marketing. It emphasizes the consumer‟s preference. Manufacturer‟s first analyses the
consumer needs and then plans his production to give satisfaction to the consumers. Every
management is therefore concerned with the markets and market behaviour to identify needs
of the consumers.
Marketing mix is the combination of 4 inputs which constitute the important aspects
of a company‟s marketing system. They are:


Product.



Price.



Promotion.



Physical distribution.

Marketing Function:


Product policy



Price policy



Promotional policy

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
Distribution policy



Product Policy:
The product policy includes both in terms of new product development and
modification of existing products. These activities are done jointly by marketing and R&D
departments. The increasing efforts are directed to strengthen the market qualitatively and to
see ether right products are introduced at the right time at the right place.

Product Line:
The texport have a number of products offered under its brand names “JOHN&
BILL” and “RIPPER”. The different product lines offered are shown below




It was adopted as a registered brand name for all its products to symbolize the
philosophy of the company.

Marketing segmentation:

PRODUCT RANGE

MEN’S WOMEN’S KID’S
Trouser Shirts 1.Formal were pants 1.Half elastic pants
Formals: Shirts: 2.Casual ware pants 2.Kids shirts
1.Twin flits1.Formals 3.Denim 3.T-shirts
2.Semi formals2.Casuals 4.Women‟s Kurtas 4.Denim
3.Execuitive 5.Women‟s tops 5.Cargo pants
Casuals:4.Short sleeves 6.Denim kids wear
1.Fleet front5.Full sleeves
JOHN & BILL
REDEFINE STYLING

RIPPER
“ a little something extra ”

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Product Life Cycle:

About 50% of the production, which is in the growth, stage and some of the other
product are in the introductory stage.

Pricing Policy:

Pricing policy is the function of determining of price. Pricing policy is based on the
prices of other competitors. Example: John Players, Allen Solly, Peter England, Levis, Lee,
etc; pricing is also made on the basis of the market segmentation. Pricing is done twice a
year with the objective of competing with other products of competitors and to retain the
market and to maintain their profit at optimum. Similarly pricing is done when there is a
change in cost of raw materials, wage revisions, selling expenses, overheads and marketing
conditions also.

Objectives of Pricing:
Pricing is mainly done for the purpose of survival in the business world, to
maximize current profit, to maximize the sales growth. Pricing is also done against the
competitors pricing, demand of the product, and due to liberalization policy, but ultimate
aim was to achieve profit.
The below chart will set a standard for any consumer product. In case of
they adopt High and Medium in both Price and Quality.

PRICE HIGH MEDIUM LOW
QUALITY

HIGH Premium strategy High value strategy Super value strategy

2.Cargo pants6.Denim
3.Zip up pants7.Kurtas
4.shorts8.T-shirts

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MEDIUM Overcharging Medium value Good value strategy
strategy strategy

LOW Rip-off strategy False economic Economic strategy
strategy


PROMOTION POLICY:
The Texport adopts a restricted publicity and poor advertising strategy that has
neither entertained any big boom in sales nor good brand retention. The limited funds allotted
for them they have to run and to maintain their survival in the market. The channel remains a
big hurdle in neither creating brand awareness at national level nor promoting its sales in a
better way.

It swings up their sales by the new promotional strategies like monthly sales
promotional plans for the consumers and dealers are formulated to make alive they in the
competition and also adopt some of the promotional strategies like by offering buy two
Trousers and get one Shirt etc…

Advertising:
Advertising is defined as “Any paid form of non-personal presentation and
promotion of ideas, goods, or services by an identified sponsor” –American Marketing
Association.

Need For Advertising:
Advertising acts a prime lever of sales for any product, which needs to be catered to
differential uses of a consumer in all times. It fails to promote and position its products in a
better way turns to a generic product identity. truly tried to identify the market, marketing by
itself.

Packing Attributes:
Packaging is a significant element in promoting a product in the market.The Texport

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has got a unique packaging. It is then packed in a carton pack and bundled into boxes or
cases.
The packaging shall be securely closed and marked with the following:
Brand name of the material and recognized trademark.

Grade of the material.

Batch number.

A statement indicating the price of the product.

Packing department:









Distribution Policy:

The manufactured products are shifted to the factory stores. They provide credit
facility for a period of 30 days. The products are finally made available to the customers; the
Stockiest will get commission @ 30% and retailer @20%.

Hybrid Marketing System:

In the past many companies used a single channel in market segment. Today many
companies have adopted multi channel distribution system often called Hybrid marketing
channels Where Texport has adopted both direct and indirect channels of distribution.

Direct selling channel:


Manufacturer Company Direct sales outlet Consumer

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Distributor selling channel:


Exports:

The exports of texport include all its products and exports to india.

FOB (Free on Board):

The export of all the above said products are done on the basis of Free on Board i.e.
means the price quoted includes the cost of the goods, packaging charges, boarding charges
and all the expenses incurred till loading the goods on the ships.

Documentation Required For Exports:
The following are the basic document used in the export transactions.


Approval from AEPC (Apparels export promotion council).



Approval from chamber of commerce.



Invoice (gives description of goods).



Export packing list inspection certificate.



Order copies of party.



Bill of loading.



Shipping Bills/Bills of export.

Export Procedure:


First enquiries are received from foreign buyer and also from Merchant
Manufacture Distributor Retailers Consumer

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exporter.



The Texport will forward the price list, Export brochures and other relevant
information.



The foreign buyer/merchant exporter will negotiate on price and other terms
and conditions.



An acceptance of the terms and conditions on price, a Performa invoice is sent
to the buyer for advance payment of full value of the order or „For opening an


irrevocable letter of credit‟ payable at sight.



On receipt of the confirmed order with payers L.C. (letter of credit) the
production is taken up.


The moment the goods are ready it is normally packed in containers.


On pre-ship the documents are prepared and the consignment will be handedover to the
shipping owner for the shipment to the concerned port from any Indian ports.

After the consignment is put on board of ship, the shipping agent will hand
over „The Bill of Lading‟ (3 Copies), non –negotiable copies and other post-
shipment copies like GR forms, shipment bill etc.



It will forward this 3 original bill of lading and conveying letter to its banker
for the purpose of negotiating the documents with the foreign bank.


Future Plans of Marketing Department:


Improvement in advertising strategy as well as dealers networking all over
India.

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
To improve the market share in the following stats vide Andhra Pradesh,
Kerala and Maharashtra by the improvement of dealer network in the above
said areas,


which has high potential buyers.


Entertain to cater to global market needs by way of Internet selling.


Research and Development Department:

The Research and Development which is directed towards product improvement,
diversification and improve substitutes and maintaining the quality of the product.

The emerging new technology process a new challenge for the R&D, they are trying
out many innovations.

Objectives:

To improve the existing products.



New product development.



Process implements.



Cost reduction.



Alternative raw materials.



Technical advice to managers.


Blending activitie

New methods of production developments.

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
Slow moving non-moving inventory reduction.


Tests Conducted in texport :

The Research and Development department conducts the following test to achieve
its objectives viz.,


Fabrics test.



Regular performance test.


The R&D wing is working all the time with the Production, Quality control,
Personnel and Marketing department to bring about new features of a product which is
constantly working to a bring a better product for a better tomorrow.

SWOT Analysis:

Strengths:


Having been established in 1995 The texport has gained a wide market shares
and also has become familiar to many customer.


The company has a wide market network spread over the companies.



Has experience in export business also.


Has a wide network of depots and over number of dealers spread over the
nations.

Weaknesses:

Poor availability of products in all cities.



Less variety of patterns of design.

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Opportunities:


The product of truly fashions comprises wide range to gladder different needs
of customers, so it is utilize this opportunities against competitors threat.



Company can grab the market within small period as it is already established.



Company is grabbing a wide range of patterns of designing textiles that
increases demand.


FINANCIAL DEPARTMENTAL ANALYSIS:

Finance Department:
Finance department is most important department in any organization because it is
the lifeblood of any business. It is the responsibility of the financial analyst to analyse the
financial structure and good financial institution which is good for the industry. It should be
concerned with the activation of funds and wide application of the funds. The duties of
finance department are to perform these functions effectively.

The proper selection of financial institution will leads to smooth run of the business.
Following are the major objectives of finance department:
Objectives:

To protect the financial interest of the company.



It helps in achieving the business result (profitably).




Monitoring the funds, collections and payments.



Lessoning with banks and financial institutions.



Controlling the in-flow and out-flow of cash.

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
Financial planning and mobilization of cash.



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 controls
Finance Departmental Chart:














Significant Accounting Policies:

1. Working Capital:

It refers to the flow of ready funds necessary for the working of the organization,
apart from investment in fixed assets every enterprise has to arrange for adequate funds for
meeting day-to-day expenditure to keep it a going concern.

Director of Finance
Assistantmanager Accountingofficer
ClericalSta
ffs

ClericalStaffs
Assistantac
countant

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2. Inventory:

All raw materials will be at two months stock level. The purchase is done in bulk
depending on the availability and demand for finishing goods.

Valuation of inventories:


Raw materials are valued at weighted average cost.



Work in progress is valued at material cost and no overheads are recognized.



Finished goods are valued at cost excluding excise duty.


3. 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 the companies act of 1956.

4. Revenue Recognition:

For domestic sales, sales are recognized at the point of dispatch of finished goods.
For export sales are recognized on the date bill of lading.

Sales returns are accounted as reduction from current year sales irrespective of the
year in which sale have accrued.

5. Gratuities and Leave Encashment:

Gratuity and leave encashment are accounted on the basis of actuarial valuation. No
Working capital = Current Assets – Current Liabilities

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separate gratuity fund is created.

6. 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
7. 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.

8. Depreciation:

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

9. Sundry Debtors and Loans and Advances:

This will be stated after making adequate provision for doubtful balances.
10. Foreign Currency Transactions:

Foreign currency contracts are accounted at the prevailing rates. Gains or losses
arising out of fluctuations in exchange rates are charged off to profit and loss account.

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I.Profit And Loss A/C of Texport overseas pvt ltd for the Year 2014 & 2015.

Particulars 2014 2015

Income:
Sales 5,50,00,000 5,30,00,000
Other incomes 2,25,00,000 2,05,00,000
Expenses:
Materials consumed 2,15,00,000 2,00,20,000
Other expenses 1,00,32,000 93,15,000
Depreciation 1,20,10,000 1,02,00,500
Interest & finance charges 42,000 42,000
Profit before tax 2,19,06,000 3,39,22,500
Tax 9,45,000 9,02,000

Profit after tax 2,09,61,000 3,30,20,500

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II. Balance Sheet of Texport overseas pvt ltd for the Year 2014-2015

Particulars 2014 2015

Sources of Funds
a) Capital
20,00,00,000 20,00,00,000


b) Loan Funds 12,00,00,000 15,00,00,000

Total
32,00,00,000 35,00,00,000

Application of funds
a) Fixed Assets
10,00,00,000 11,00,00,000


b) Gross block
6,58,00,000 7,60,00,000


(-) Depreciation
79,00,000 83,00,000

Investments 10,00,0000 11,50,000
Current Assets, Loans &
advances
a) Inventories 4,15,14,400 4,51,33,000
b) Debtors 4,02,50,000 4,16,52,000
c) Cash & Bank 1,50,15,000 1,50,60,000

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Balance
1,00,19,000 1,03,00,000


d) Loans Advances
Current Liabilities and
provisions 1,55,00,000 1,50,00,500
a) Liabilities
75,02,000 75,03,075


b) Provision
1,90,01,025 1,99,01,025
Profit & Loss Account

TOTAL 32,00,00,000 35,00,00,000

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SWOT Analysis:

Strengths:


Accounts are maintained properly using accounting soft wares



Cash management is proper



Working capital management is done properly


Weaknesses:


Improper allocation of budgets.



Delay in receiving the bills.



Opportunities:


Better financial planning & performance may leads to profit.



Governmental subsidies and financial support may help the organization.


Treats:



Changes in Government policies as well as Export policies may affect the
financial position of the company.

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ORGANIZATION OVERVIEW:
The industries is be based on a couple of mindsets and views of key players in the
organization history. Henry Fayol General Management Theory. Fayol had on
how an organization should be managed, he distinguished six control areas:

1. Managing

 Control/check

 Coordinate

 Commanding

 Organizing

 Planning

2. Bookkeeping

3. Self-protection(security)

4. Finance

5. Commerce

6. Technical

The working process is based on these six control areas and is daily implemented
during the event planning process
Other mindsets and views that can be based on is the one of Mint berg describes that

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an organizational structure and strategic planning company must have a clear
structure and must be guided by a long term vision.
Another is the one of Tom Peters and his business management principle where a
company has to have:
o Simple structure
o Central and decentralized leadership
o Do what they do best
o Driven by values and beliefs
o Action orientation
o Maintaining relationships with customers
o Creation of autonomy and entrepreneurship
o Employees are important assets of the organization

The Texport overseas pvt ltd is being a textile industry. It is the small scale
industries which are involved in stitching cloths. The structure and the work process within
the company are simple and clear. It is a textile industry and it has a simple structure.

The structure is based on direct supervision. This is because it is a small
organization.

TASKS AND ACTIVITIES OF DEPARTMENTS :

DAILY AND WEEKLY TASKS AND ACTIVITIES:
The organization‟s projects and activities can be divided into daily tasks that involve
office work, and the on-site activities that have to be conducted at the clients place.

Daily tasks and activities (routine):


Updating the websites



Contacting potential customers

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
Organizing customer visits



Mailing letters to clients



Pending order execution



Payment collection



Quotation following



Maintaining budgets of events


weekly activities:


Staff meeting



Checking mails



Personal visits

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CHAPTER-4

SWOT Analysis


Strengths:


Strong marketing presence and distribution in selected regions.



The garments made are of world class quality.



Increasing in the quality of manufacturing.



The Brand which produce all types of Men‟s garments especially in 100%
cotton.


The only brand which has full in-house production capacity.



Weakness:


Very weak publicity.



Weak marketing in the north and eastern states of India.



Perceived as middle class casual ware.

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Opportunities:


The products have very much demand, but the company is waiting for the
removal of the quota system.


Due to liberalization, the company is expanding day-by-day.



Priced at wholesale rates directly to customers compared to other brands.



Threats:



“Me Too” competitors in garments like John Players, Allen Solly, Peter
England, Levis, Lee, etc., available at equal prices.



Adopting at a premier pricing strategy more compared to popular segment, one
will easily allow competition rising in price.

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CHAPTER-5

FINDINGS, SUGGESTIONS & CONCLUSIONS

Findings:


Most of the employees are proud of working with Texport and feel that they
are an important part of the organization.


Most of the employees agree that individual initiative is encouraged and can
do their best every day.


Majority of the employees feel that their responsibilities could be made more
specific and adequately defined.


Major portion of employees agree that their Manager is a good couch,
effective and encourages participation in Decision making.


Treating people fairly is seen as the most important motivating factor.
Satisfying employee needs and positive reinforcement is the secondary
motivating factor.


Recognition and working conditions are rated as to motivators.


Job security and job enrichment do not exist at all.


Most employees feel that the performance based rewards are must.


Most employees feel that the quality is the top priority.


Most of the employees agree that the facility and faculty provided during
training are excellent.





Suggestions:

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I do believe that India‟s exporters have withstood the adverse effects of international
political situation and general economic slow-down. At the same time, the prevailing
situation in the international market demands a fresh strategy to face the challenges beyond
2009.
Rapid changes are taking place in the global clothing trade. With the abolition of
quota restrictions and emergence of trade blocks, so the company should be fully geared to
compete on the basis of commercial factors like quality, prices, delivery schedules and
marketing skills.

The company has to take initiative for modernization and innovation for improving
competitiveness. To be globally competitive, there is need for integrated units having
economies of scale.

The company has to put continuous efforts to increase productivity levels by adoption
of state-of-the-art machinery, modern production methods and techniques like assembly line
production are other important steps is required.

Further would suggest the company to go for rapid modernization of garment
machinery items. Indian Government has provided many facilities to encourage textile
Industries in India as a result Today India (Textile Industry) is second largest country to
contribute to the world GDP.






Conclusion:

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Vision without action is a dream action without vision is simply passing time. The
most successful industries those who combine visionary technology with competitive pricing
and build strong relationships and brands based on trust, transparency and collaboration.

In textile industry, customer relation has its own importance in the success of the
company. Textile industries are crucial for the economy of the India as it second largest
country to contribute to the world economy.

The Indian textile industry is currently one of the second largest and most important
sector in world economy in terms of output foreign exchange earnings and employment in
India. The Textile industry has the potential to scale new height in the globalized economy.
The textile industry in India has gone through significant changes in anticipation of increased
international competition.

With time there are a lot of changes that are coming about in textile industry in
India. The industry is not only becoming more competitive, but they are also exploring new
avenues of business. The study helped the researcher to identify the problems and loops holes
in the textile industry.
I believe that the experience I had in my internship training at Texport overseas pvt ltd will
surely enrich my knowledge on industrial practicalities and my M.com(Finance and
Accounting) career with a place of virtual learning experience

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BIBLIOGRAPHY :


WEBSITE:


www.Texport overseas.com

www.garmentcraft.com

Financialexpress.com




BOOKS:

Human Resource Management - Aswathappa K.

Marketing Management - Philip Kotler.