Summer Training Seminar

Summer Training Seminar Conducted on VSGM ltd. Ludhiana Presented by Y Rohen Singh MBA 2A

Textile Industry     

Introduction History and growth Indian textile industry Government initiatives Textile sector after recession

Indi a's Ex po rts of Texti le Pr oduc ts Exports in AprilDec 2006-07  (US$ Mn)

Exports in AprilDec 2007-08  (US$ Mn)

Share in  April-Dec  2006-07 (%) 

Share in  April-Dec  2007-08 (%)

Cotton Textiles

3092.28

3375.63

28.17

28.12

Manmade Textiles

1605.76

2075.85

14.63

17.30

63.07

64.47

0.57

0.54

4908.63

5184.66

44.72

43.20

MMF Garments

712.89

621.02

6.49

5.17

Woolen  Garments

273.35

286.03

2.49

2.38

Garments Of Other  Textiles 

321.62

394.43

2.93

3.29

10977.60

12002.60

100.00

100.00

 

Woolen Textiles Cotton Garments 

Total Exports 

Corporate Profile

Vardhman Spinning & General Mill Ltd. 

History

Holdings of Vardhman Textile ltd.

Logo of the company The “fla me ” signifies growth

The “Stick ” symbolizes the core product of Vardhman, i.e. cotton

The “V” stands for Vardhman group.

Mission statement Var dhman aims to be world class textile organization producing diverse range of products for the global textile market. Var dhman seeks to achieve customer delight through excellence in manufacturing and customer service based on creative combination of state-of-the-art technology and human resources. Var dhma n is committed to be responsible corporate citizen.

Organization Philosophy          

Faith in bright future of Indian textiles and hence continued expansion in areas "which we know best". Total customer focus in all operational areas Products to be of best available quality for premium market segments through TQM and zero defect implementation. Global orientation targeting - at least 20% production for exports. Integrated diversification/product range expansion World class manufacturing facilities with most modern R&D and process technology. Faith in individual potential and respect for human values. Encouraging innovation for constant improvements to achieve excellence in all functional areas. Accepting change as a way of life Appreciating our role as a responsible corporate citizen.

Organization chart

Board of Directors           

Sh. Shri Paul Oswal Sh. Arun Kumar Purwar Sh. Ajay Kumar Chakraborty Sh. Sachit Jain Smt. Suchita Jain Sh. D.L Sharma Sh. Vinod Kumar Saxena Dr. T.N Kapoor Sh. Prafull Anubhai Sh. S.K Bansal Sh. S.K Bijlani

Chairman & Managing Director Director Nominee Director Executive Director Executive Director Director Nominee Director Director Director Director Director

Portfolio

Market Position of Vardhman  

      

Largest Spinning capacity in India - over half a million spindles. Largest producer of Cotton, Synthetics and Blended yarns in the country. Largest Dyeing Capacity of Fiber and Yarn. Largest Exporter of Cotton Yarn. Market Leader in Hand Knitting Yarns in India. Largest range of Textile products. Second largest producer of Sewing Thread in the country. Collaborations with specialist worldwide. ERP (Enterprise Resource Planning) enabled solutions for online order tracking

Global alliance Product/Process

Global Partners

Fabric Dyeing and Finishing

Takai, Senko, Japan

Fibre and Yarn Dyeing Gassed Mercerized Yarnsa

Nihon Sanmo Dyeing Corporation Ltd., Japan Kyung Bang, South Korea

Sewing Thread

American & Efrid Inc., USA

Acrylic Fibre

Marubeni Corporation & Japan Exlan, Japan

Dep art men ts of VSGM        

Group corporate office Finance department Personnel & HRD department Raw material & commercial department Secretarial department MIS department Internal audit department Projects department

SWO T a naly sis of VSG M Strength:  



 

Good brand technological base with foreign collaborations High quality standards & High production capacity Own research & development centre Weaknesses: experienced & well qualified professionals  Comparatively high prices  poor after sale services  Lesser degree of promotional activities  Change in consumer preference

Opportunities  Expansion of Acrylic Fiber Industry market  Acrylic Fibre is an effective substitute of wool due to its relative affordability.  Increase in demand of Acrylic Fibre in India.  Threats  Exports of Textiles from India have high growthpotential. Smaller players, companies and MNC’S are entering Ludhiana market.  Growing competition from yarn and fabric producing units in the unorganized sector.  Reduction in custom duty on import of AF may lead to increased competition for domestic AF manufacturers.  Threat of volatility in the prices of imported