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PREFACEThe draft shows the facts, information, suggestions about MANGAL TEXTILES
INDIA PVT. LTD resulting from the study of their business activities.
OBJECTIVE:
The objective of this industrial visit is to gain first hand information regarding thefunctioning of the industry which presents the opportunities to plan, organize and engage inactive learning activities inside and outside the classroom.
Some specific objectives are :
To understand the process To experience chemistry at work To become aware of the role of different people in the organization To become aware of career opportunities To organize the need of health and safety in the work place To focus students on specific aspects of their studies
SCOPE:
Industrial visit is considered as one of the most tactical method of teaching.The main reason behind this is to know things practically through interactions,working methods and employment practices. Moreover it gives exposure fromacademic point of view. The scope of such visit is to:
Exposure to actual working conditions Make us aware with industry practices Increase practical awareness of various industrial sectors Acquaint us with interesting facts and breath-taking technologies.
METHODOLOGY:
I have used the method of question answer during the visit to the representator of Mangal
Textile Mills India Pvt. Ltd. also I have got my information searching internet.
Company literature Online data bases Email and internet Telephone Personal interview
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INDEX
Sr. no. Particulars Page no.
1 Introduction 3
2 Organizational design 10
3 Operations 13
4 Marketing Strategy 17
5 Human Resource 21
6 Finance 23
7 Social Responsibilities 26
8 Awards and Achievements 27
9 Conclusion 28
10 Sources of Information / Bibliography 29
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INTRODUCTION
BACKGROUND OF THE INDUSTRY:
New innovations in clothing production, manufacture and design came during the Industrial
Revolution - these new wheels, looms, and spinning processes changed clothing manufacture
forever. There were various stages - from a historical perspective - where the textile industry
evolved from being a domestic small-scale industry, to the status of supremacy it currently
holds. The cottage stage was the first stage in its history where textiles were produced on a
domestic basis.
During the Industrial Revolution, new machines such as spinning wheels and handlooms
came into the picture. Making clothing material quickly became an organized industry - ascompared to the domesticated activity it had been associated with before. A number of new
innovations led to the industrialization of the textile industry in Great Britain. Clothing
manufactured during the Industrial Revolution formed a big part of the exports made by
Great Britain. They accounted for almost 25% of the total exports made at that time, doubling
in the period between 1701 and 1770.
India Textile Industry is one of the leading textile industries in the world. Though waspredominantly unorganized industry even a few years back, but the scenario started changingafter 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 successfullybecome one of the largest in the world.
India textile industry largely depends upon the textile manufacturing and export. It also playsa major role in the economy of the country. India earns about 27% of its total foreignexchange through textile exports. Further, the textile industry of India also contributes nearly14% of the total industrial production of the country. It also contributes around 3% to theGDP of the country. India textile industry is also the largest in the country in terms ofemployment generation. It not only generates jobs in its own industry, but also opens upscopes for the other ancillary sectors. India textile industry currently generates employmentto more than 35 million people. It is also estimated that, the industry will generate 12 million
new jobs by the year 2010.
India textile industry is one of the leading in the world. Currently it is estimated to be aroundUS$ 52 billion and is also projected to be around US$ 115 billion by the year 2012. Thecurrent domestic market of textile in India is expected to be increased to US$ 60 billion by2012 from the current US$ 34.6 billion. The textile export of the country was aroundUS$ 19.14 billion in 2006-07, which saw a stiff rise to reach US$ 22.13 in 2007-08. Theshare of exports is also expected to increase from 4% to 7% within 2012
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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.
HISTORY OF THE COMPANY:
The textile process house giant was set up 42 years ago in 1970. The founder of Mangaltextiles GovindramSekhani and sons- Babulalji, Navratanji, Prakashji, Motilalji had a visionof setting up a strong textile process house industry.
The Ahmedabad textile industries were mainly mills, but later according to the GovernmentIndustries Act the mills were divided into different units i.e. Producing Grey raw material,Processing and Manufacturing. The Sekhani group opted to take up the processing part ofcloth making.
Initially Sekhani group started off with a single machine and it currently owns two fullyequipped units of process houses. Starting from processing grey cloth till finished unstitchedcloth.
Though the company was founded in 1970 it set up its first cloth printing unit in 1985 withthe help of family capital collected by the brothers Babulalji, Navratanji, Prakashji, Motilalji.It started manual printing with the help of Hand Screen Printing method. Later on, thecompany updated to Flat Bed Screen and installed further modern machine called RotaryPrinting machines in 1995. In 2005 the company installed schiffly embroidery machines. It
became the first textile industry to install schifly embroidery machine and a process house
under the same roof.
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Since 1970 this company has been ever rinsing and has recorded a regular annual expansionof 10 - 12%.
VISION ANDMISSION OF MANGAL TEXTILE MILLS
Mangal textiles belives in providing quality product to its customers and hence it states in itsmission that To supply quality fabrics and services to garment manufacturers, designers,
stores and to other textile manufacturers to fulfill the larger interest of our costumers.
Mangal textiles provides the best possible services to its customers and also keeps intoaccount the eco friendly aspect and sense of social responsibility.
The company believes that every innovation and quality up gradation brings with it comfort,convenience and affordability for every customer. Besides a sense of pride, better returns andthe spirit of competitiveness for the creator. The company, therefore, insist on developing andnourishing innovativeness and continuous improvement in quality and processes, so much so,that it has become their company culture
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INTRODUCTION TO THE FOUNDING MEMBERS:
GovindramSekhani:
BabulaljiSekhani:
NavratanjiSekhani
PrakashjiSekhani:
MotilaljiSekhani:
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DEPARTMENTALIZATIONIt is the basis by which jobs are grouped together. For instance every organization has its
ownspecific way of classifying and grouping work activities.There are five common forms of departmentalization:
Functional Departmentalization- it groups jobs by functions performed. It can be used in
all kinds of organizations; it depends on the goals each of them wants to achieve.
Product Departmentalization. It groups jobs by product line. Each manager is
responsible of an area within the organization depending of his/her specialization
Geographical Departmentalization. It groups jobs on the basis of territory or geography.
Customer Departmentalization. It groups jobs on the basis of common customers.
Process Departmentalization. It groups on the basis of product or customer flow. Mangal
textile follows process departmentalization. It means grouping jobs on the basis of
product or customer flow. In process departmentalization, departments are separated
based on their role in a production process.
Best example of process departmentalization can be seen in a textile mill where we may
have aspinning department, weaving department, dyeing department, printing
department, etc. Here, inside a textile mill, all activities, which are directly or indirectly
related with spinning are grouped together to make a spinning department.
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a. Introduction to the Top Level ManagementFollowing are the founding members of Mangal Textiles Pvt. Ltd.
Mr. BabulaljiSekhani He is the s/o Mr. GovindramjiSekhani the founder of the
Sekhani Group. He is the chairman and also the founder
of Mangal Textile Mills India Pvt. Ltd. He is an active
Committee member of New Cloth Market. Also he is a
Trustee at Rajasthan Hospital which also works as an
NGO.
Mr. RikinSekhani He is the Chief Managing Director at Mangal Textile Mills
India Pvt. Ltd. He has done his B.Com graduation from
S. M. Patel Institute of Commerce. Currently he is actively
participating in day to day activity of the Processing house.
Mr. GunjanSekhani He is also an active Director at Mangal Textile Mills India
Pvt. Ltd. He is an engineer from Sinhgad College of
Engineering and his Masters degree from University of
Pune. He is also a chief technician at this Process house.
Mr. JitendraBothra He is the CEO at Mangal Textile Mills India Pvt.
Ltd. He is a graduate fromMaharshiDayanand
Sarswati University, Ajmer and he has got his
masters degree from JRNV Jaipur.
https://www.facebook.com/pages/Sinhgad-College-of-Engineering/106450779405338https://www.facebook.com/pages/Sinhgad-College-of-Engineering/106450779405338https://www.facebook.com/pages/Sinhgad-College-of-Engineering/106450779405338https://www.facebook.com/pages/Sinhgad-College-of-Engineering/1064507794053387/29/2019 mangal textile
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OPERATIONS
PLANT LOCATION:
Mangal Textiles Mills India Pvt. Ltd , 104,123,GIDC, phase-1, vatva, Ahmedabad-
382445. (Gujarat) India
Geographical LocationLatitude 225660 N
Longitude 723760 N
Height above MSL 53m
Nearest Highway Ghandhinagar HighwayNearest Railway Station Vatva Railway Station
Nearest Airport SardarVallabhbhai Patel Airport, Ahmedabad
PRODUCT PORFOLIO:
SPECIALITY IN DIFFERENT FABRICS :
Dyeing is the process of adding color to textile fabrics like fiber, yarnsand
Fabrics. Dyeing is normally done with a special solution containing dyes.
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Textile printing is the process of applyingcolourtofabricin definitepatternsor designs. In
properlyprintedfabrics the colour is bonded with thefiber, so as to resistwashingandfriction.
Textile printing is related todyeingbut, whereas in dyeing proper the whole fabric is uniformly
covered with one colour, in printing one or more colours are applied to it in certain parts only,
and in sharply defined patterns.
In printing,woodenblocks,stencils,engravedplates, rollers, orsilkscreensare used to place
colours on the fabric. Colourants used in printing containdyesthickened to prevent the colourfrom spreading bycapillary attractionbeyond the limits of the pattern or design.
Knitting is a method by whichthread or yarnmay be turned intoclothor other fine crafts.Knitted fabric consists of consecutive rows of loops, called stitches. As each row progresses, a
new loop is pulled through an existing loop. The active stitches are held on a needleuntil
another loop can be passed through them. This process eventually results in a final product,
often a garment.
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galtextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/knits.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://www.mangaltextile.com/printing.phphttp://en.wikipedia.org/wiki/Knitting_needlehttp://en.wikipedia.org/wiki/Clothhttp://en.wikipedia.org/wiki/Yarnhttp://en.wikipedia.org/wiki/Capillary_attractionhttp://en.wikipedia.org/wiki/Dyeshttp://en.wikipedia.org/wiki/Silkscreenhttp://en.wikipedia.org/wiki/Engravinghttp://en.wikipedia.org/wiki/Stencilhttp://en.wikipedia.org/wiki/Woodhttp://en.wikipedia.org/wiki/Dyeinghttp://en.wikipedia.org/wiki/Frictionhttp://en.wikipedia.org/wiki/Washinghttp://en.wikipedia.org/wiki/Fiberhttp://en.wikipedia.org/wiki/Printinghttp://en.wikipedia.org/wiki/Patternhttp://en.wikipedia.org/wiki/Textilehttp://en.wikipedia.org/wiki/Colour7/29/2019 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Embroidery is theartorhandicraftof decoratingfabricor
thermaterialswithneedleandthread or yarn. Embroidery may also incorporate other
materials such asmetalstrips,pearls,beads,quills, andsequins. Embroidery is most often
recommended for caps, hats, coats, blankets, dress shirts, denim, stockings, and golf shirts.
Embroidery is available with a wide variety ofthread or yarncolor.
A characteristic of embroidery is that the basic techniques orstitchesof the earliest work
chain stitch,buttonhole or blanket stitch,running stitch,satin stitch,cross stitchremain the
fundamental techniques of hand embroidery today.
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org/wiki/Sewing_needlehttp://en.wikipedia.org/wiki/Materialhttp://en.wikipedia.org/wiki/Textilehttp://en.wikipedia.org/wiki/Handicrafthttp://en.wikipedia.org/wiki/Art7/29/2019 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As little as 15 years ago digital printing of textiles, compared with paper for the relatively benign officeenvironment, no doubt looked impossible. The demands of the textile application are extreme. Thetraditional valve jet machines are digital and have been around a long time, but they are appropriate
primarily for large-volume, centralized manufacturing. The newer digital printing technologies openthings up for a wide variety of incremental applications. Tremendous progress has been made, but thereare still many challenges.
PRODUCTION PROCESS
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BLEACHING & DYEING:
2 Kiers with a capacity of 3 tonnes each. 3 JT 10s. 20 Jiggers. 12 Jet Dyeing Machines Padding Mangle. 2 Drying Range up to a width of 65". Mercerising Machine up to a width of 48". Seigning Machine.
PRINTING :
2 Stormac Rotary Printing Machine up to 12 colors and a width of72".
2 Laxmi type Magnetic Rotary Printing Machine Up to 6colors and a width of 48" and 60".
6 Flat Bed fully automatic Screen Printing Machines
OTHER MACHINES:We also have all other machines to support all types of
Printing processes.
2 Loop Agers 1 Polymerize 1 Continuous Ager.
FINISHING:
3 Hot-Air Stenter Machines with 5 chambers
2 Open Stenter Machines. 1 Shrinking Range [Zero*Zero] 1 Decadyzing Machine 2 Calander Machines having 7 bowls. 1 Embozing Machine
SETUP: Apart from all the Machinery requirements, to cater the requirements of our customers wealso have in-house Computer Designing and Screen Exposing Facility within our
premises. Sampling is as well as a very important aspect which we have taken care of with properinputs.
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R&D:
Our prime aspect has always been development and business expansion thus we today are fullyequipped with the latest and the best machinery available in the market to fulfill internationalstandards and deliver customer requirements in bulk quantities in all qualities. Today with the help of
modernization and machinery with the efficiency we process more than 40 million meters offabrics in our process house every year. Our winning stroke has been our flexibility and constantlearning to give new and better finishes as well as qualities everyday. Our R&D has always been a
prime support when we have delivered and have been successful in achieving better results.
QUALITY CONTROL:
Mangal textiles take utmost care for maintaining their quality of production. Some of the qualitystandards set up by the mill are:
1. Azo free2. Pcpfree3. Colour fastness4. Residual shrinkage5. Light fastness6. Skilled labour7. Ph control8. In house laboratory testing with modern equipments9. Eco friendliness.
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MARKETING
7 ps of Marketing :
Once you've developed your marketing strategy, there is a "Seven P Formula" youshould use to continually evaluate and reevaluate your business activities. Theseseven are: product, price, promotion, place, packaging, positioning and people.
1.ProductTo begin with, develop the habit of looking at your product as though you were anoutside marketing consultant brought in to help your company decide whether or not it's in the right
business at this time. Ask critical questions such as, "Is your currentproduct or service, or mix of products and services, appropriate and suitable forthe market and the customers of today?"
2.PricesThe second P in the formula is price. Develop the habit of continually examining and reexamining the
prices of the products and services you sell to make sure they'restill appropriate to the realities of the current market. Sometimes you need tolower your prices. At other times, it may be appropriate to raise your prices. Many companies have foundthat the profitability of certain products or services doesn't justifythe amount of effort and resources that go into producing them. By raising their
prices, they may lose a percentage of their customers, but the remaining percentage generates a profit onevery sale.
3.PromotionThe third habit in marketing and sales is to think in terms of promotion all the time. Promotion includesall the ways you tell your customers about your products or services and how you then market and sell tothem.
Small changes in the way you promote and sell your products can lead to dramatic changes in yourresults. Even small changes in your advertising can lead immediately to higher sales. Experiencedcopywriters can often increase the response rate from advertising by 500 percent by simply changing theheadline on an advertisement.4. PlaceThe fourth P in the marketing mix is the place where your product or service is actually sold. Develop the
habit of reviewing and reflecting upon the exact location where the customer meets the salesperson.Sometimes a change in place can lead to a rapid increase in sales.
You can sell your product in many different places. Some companies use direct selling, sending theirsalespeople out to personally meet and talk with the prospect. Some sell by telemarketing. Some sellthrough catalogs or mail order. Some sell at trade shows or in retail establishments. Some sell in jointventures with other similar products or services. Some companies use manufacturers' representatives ordistributors. Many companies use a combination of one or more of these methods.
In each case, the entrepreneur must make the right choice about the very best location or place for thecustomer to receive essential buying information on the product or service needed to make a buying
decision.
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5. PackagingThe fifth element in the marketing mix is the packaging. Develop the habit of standing back and lookingat every visual element in the packaging of your product or service through the eyes of a critical prospect.Remember, people form their first impression about you within the first 30 seconds of seeing you orsome element of your company. Small improvements in the packaging or external appearance of your
product or service can often lead to completely different reactions from your customers.
With regard to the packaging of your company, your product or service, you should think in terms ofeverything that the customer sees from the first moment of contact with your company all the waythrough the purchasing process.
Packaging refers to the way your product or service appears from the outside. Packaging also refers toyour people and how they dress and groom. It refers to your offices, your waiting rooms, your brochures,your correspondence and every single visual element about your company. Everything counts.Everything helps or hurts. Everything affects your customer's confidence about dealing with you.
6. PositioningThe next P is positioning. You should develop the habit of thinking continually about how you are
positioned in the hearts and minds of your customers. How do people think and talk about you whenyou're not present? How do people think and talk about your company? What positioning do you have inyour market, in terms of the specific words people use when they describe you and your offerings toothers?
In the famous book by Al Reis and Jack Trout, Positioning, the authors point out that how you are seenand thought about by your customers is the critical determinant of your success in a competitivemarketplace. Attribution theory says that most customers think of you in terms of a single attribute, either
positive or negative. Sometimes it's "service." Sometimes it's "excellence." Sometimes it's "qualityengineering," as with Mercedes Benz. Sometimes it's "the ultimate driving machine," as with BMW. Inevery case, how deeply entrenched that attribute is in the minds of your customers and prospectivecustomers determines how readily they'll buy your product or service and how much they'll pay.
7. PeopleThe final P of the marketing mix is people. Develop the habit of thinking in terms of the people insideand outside of your business who are responsible for every element of your sales and marketing strategyand activities.
It's amazing how many entrepreneurs and businesspeople will work extremely hard to think throughevery element of the marketing strategy and the marketing mix, and then pay little attention to the factthat every single decision and policy has to be carried out by a specific person, in a specific way. Yourability to select, recruit, hire and retain the proper people, with the skills and abilities to do the job youneed to have done, is more important than everything else put together.
In his best-selling book, Good to Great, Jim Collins discovered the most important factor applied by thebest companies was that they first of all "got the right people on the bus, and the wrong people off thebus." Once these companies had hired the right people, the second step was to "get the right people in theright seats on the bus."
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TARGET CUSTOMERS:
Following are the main Customers of Mangal Textile Mills India Pvt. Ltd.I. Marks and Spencers Marks and Spencer plc (also known as M&S orYourM&S; colloquially known as Marks
and Sparks or, simply, Marks) is a British retailer headquartered in the City o
Westminster, London, with over 700 stores in the United Kingdom and over 300 stores
spread across more than 40 countries. It specialises in the selling of clothing andluxury
food products. M & S was founded in 1884 by Michael Marks andThomas Spencer in
Leeds.
II. J.C. PennyJ . C. Penney Company, Inc.(NYSE:JCP) is a chain ofAmericanmid-rangedepartment
stores based in Plano, Texas, a suburb north ofDallas. The company operates 1,107
department stores in all 50U.S. statesandPuerto Rico. J C Penney also operates catalogsales merchant offices nationwide in many small markets.
III. Next Next plc (LSE:NXT) is a British retailer marketing clothing, footwear, accessories and
home products with its headquarters in Enderby, Leicestershire,England. The company
has over 550 stores throughout the UK and the Republic of Ireland, and 50 franchise
branches in Europe, Asia and the Middle East. It is listed on theLondon Stock Exchange
and is a constituent of theFTSE 100 Index.
IV. Wal-Mart Wal-Mart Stores, Inc. (NYSE:WMT), branded as Walmart since 2008 and Wal-Mart
before then, is an Americanmultinational retailer corporation that runs chains of large
discount department stores and warehouse stores. The company is the world's 18th largest
public corporation, according to the Forbes Global 2000 list, and the largest public
corporation whenranked by revenue. It is also thebiggest private employerin the world
with over 2 million employees, and is the largest retailer in the world. The company is
controlled by theWalton familywhich owns 48% stake in Wal-Mart
V. C & A C&A is an international chain of fashion retail clothing stores, with its European head
offices in Vilvoorde (nearBrussels), Belgium andDsseldorf, Germany. It has fashion
retail store branches in Austria, Belgium, Brazil, China, Croatia, Czech Republic, Bosnia
and Herzegovina, France, Germany, Hungary, Italy, Luxembourg, Mexico, Netherlands,
Poland, Portugal, Romania, Russia, Slovakia, Spain, Slovenia, Switzerland, Turkey and
opening soon in Egypt and Serbia. Its brands include Angelo Litrico, Canda, Clockhouse,
Here+There, Palomino, Westbury, Yessica, Yessica Pure, and Your Sixth Sense.
http://en.wikipedia.org/wiki/City_of_Westminsterhttp://en.wikipedia.org/wiki/City_of_Westminsterhttp://en.wikipedia.org/wiki/City_of_Westminsterhttp://en.wikipedia.org/wiki/Luxury_goodhttp://en.wikipedia.org/wiki/Luxury_goodhttp://en.wikipedia.org/wiki/Michael_Markshttp://en.wikipedia.org/wiki/Michael_Markshttp://en.wikipedia.org/wiki/Thomas_Spencer_%28Marks_and_Spencer%29http://en.wikipedia.org/wiki/Thomas_Spencer_%28Marks_and_Spencer%29http://en.wikipedia.org/wiki/Leedshttp://en.wikipedia.org/wiki/Leedshttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://www.nyse.com/about/listed/quickquote.html?ticker=jcphttp://www.nyse.com/about/listed/quickquote.html?ticker=jcphttp://www.nyse.com/about/listed/quickquote.html?ticker=jcphttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Plano,_Texashttp://en.wikipedia.org/wiki/Plano,_Texashttp://en.wikipedia.org/wiki/Dallas,_Texashttp://en.wikipedia.org/wiki/Dallas,_Texashttp://en.wikipedia.org/wiki/U.S._statehttp://en.wikipedia.org/wiki/U.S._statehttp://en.wikipedia.org/wiki/U.S._statehttp://en.wikipedia.org/wiki/Puerto_Ricohttp://en.wikipedia.org/wiki/Puerto_Ricohttp://en.wikipedia.org/wiki/Puerto_Ricohttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://www.londonstockexchange.com/exchange/prices-and-news/stocks/prices-search/stock-prices-search.html?nameCode=NXThttp://www.londonstockexchange.com/exchange/prices-and-news/stocks/prices-search/stock-prices-search.html?nameCode=NXThttp://www.londonstockexchange.com/exchange/prices-and-news/stocks/prices-search/stock-prices-search.html?nameCode=NXThttp://en.wikipedia.org/wiki/Enderby,_Leicestershirehttp://en.wikipedia.org/wiki/Enderby,_Leicestershirehttp://en.wikipedia.org/wiki/Englandhttp://en.wikipedia.org/wiki/Englandhttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/FTSE_100_Indexhttp://en.wikipedia.org/wiki/FTSE_100_Indexhttp://en.wikipedia.org/wiki/FTSE_100_Indexhttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://www.nyse.com/about/listed/quickquote.html?ticker=wmthttp://www.nyse.com/about/listed/quickquote.html?ticker=wmthttp://www.nyse.com/about/listed/quickquote.html?ticker=wmthttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Multinational_corporationhttp://en.wikipedia.org/wiki/Forbes_Global_2000http://en.wikipedia.org/wiki/Forbes_Global_2000http://en.wikipedia.org/wiki/List_of_companies_by_revenuehttp://en.wikipedia.org/wiki/List_of_companies_by_revenuehttp://en.wikipedia.org/wiki/List_of_companies_by_revenuehttp://en.wikipedia.org/wiki/List_of_companies_by_employeeshttp://en.wikipedia.org/wiki/List_of_companies_by_employeeshttp://en.wikipedia.org/wiki/List_of_companies_by_employeeshttp://en.wikipedia.org/wiki/Walton_familyhttp://en.wikipedia.org/wiki/Walton_familyhttp://en.wikipedia.org/wiki/Walton_familyhttp://en.wikipedia.org/wiki/Vilvoordehttp://en.wikipedia.org/wiki/Vilvoordehttp://en.wikipedia.org/wiki/Brusselshttp://en.wikipedia.org/wiki/Brusselshttp://en.wikipedia.org/wiki/D%C3%BCsseldorfhttp://en.wikipedia.org/wiki/D%C3%BCsseldorfhttp://en.wikipedia.org/wiki/D%C3%BCsseldorfhttp://en.wikipedia.org/wiki/Brusselshttp://en.wikipedia.org/wiki/Vilvoordehttp://en.wikipedia.org/wiki/Walton_familyhttp://en.wikipedia.org/wiki/List_of_companies_by_employeeshttp://en.wikipedia.org/wiki/List_of_companies_by_revenuehttp://en.wikipedia.org/wiki/Forbes_Global_2000http://en.wikipedia.org/wiki/Multinational_corporationhttp://www.nyse.com/about/listed/quickquote.html?ticker=wmthttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/FTSE_100_Indexhttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/Englandhttp://en.wikipedia.org/wiki/Enderby,_Leicestershirehttp://www.londonstockexchange.com/exchange/prices-and-news/stocks/prices-search/stock-prices-search.html?nameCode=NXThttp://en.wikipedia.org/wiki/London_Stock_Exchangehttp://en.wikipedia.org/wiki/Puerto_Ricohttp://en.wikipedia.org/wiki/U.S._statehttp://en.wikipedia.org/wiki/Dallas,_Texashttp://en.wikipedia.org/wiki/Plano,_Texashttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/Department_storehttp://en.wikipedia.org/wiki/United_Stateshttp://www.nyse.com/about/listed/quickquote.html?ticker=jcphttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/Leedshttp://en.wikipedia.org/wiki/Thomas_Spencer_%28Marks_and_Spencer%29http://en.wikipedia.org/wiki/Michael_Markshttp://en.wikipedia.org/wiki/Luxury_goodhttp://en.wikipedia.org/wiki/City_of_Westminsterhttp://en.wikipedia.org/wiki/City_of_Westminster7/29/2019 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COMPETITORS
I. Arvind MillsII. Raymonds
III. Reliance TextilesIV. Vardhaman SpinningV. Bombay Dyeing Ltd. (Composite and fully integrated)
VI. Welspun India (Manufactures terry towels)VII. Oswal Knit India (Woolen Wear)
VIII. Sharda Textile Mills (Man-made Fiber)IX. Mafatlal Textiles (Fully integrated Composite Mill)X. LNJ Bhilwara Group (Diversified and vertically integrated denim producer with spinning
and weaving capacity)
XI. Alok Textiles (Cotton and Man-made Fiber Textiles)XII. Indian Rayon (Man-Made Fiber)
XIII. BSL Ltd. (Textiles)XIV. Century Textiles (Composite mill, cotton & Man-made)XV. Morarjee Mills (Fully integrated Composite Mill)
XVI. Hanil Era Textiles (Yarn, Cotton & Man-made Fiber)XVII. Filaments India Ltd. (Manmade Textiles)
XVIII. Swan Mills Ltd.XIX. Kankariya Textiles Ltd.XX. Omkar Textiles
XXI. Chiripal TextilesXXII. Anjini Textiles
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EXPORTS:
Mangaltextilles recently started exporting their products worldwide.
It exports its products to 13 different countries like Germany, USA, UAE, United Kingdom, Sri Lankaetc. this firm undertakes all its export activities under the name of sekhani overseas
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HUMAN RESOURCE
PERSONNEL POLICIES
The HR team aims to make Mangal textiles the most desired workplace for top talent.
They also strive to weave in the core Mangal values namely Quality, Trust, Leadership, and
Excellence in all their actions.
Most of the employees are recruited from the nearby area. For their safety there is a monthly safety audit process. Due to this policies the employees
feel safer working in an organization with this kind of Audit Processes.
The employees are paid monthly salary according to the WAGES ACT. The employee dueto this plan tries to produce more and provide better output.
This kind of motivational policies increases willingness for employees to contribute moreand more to the company.
Training:
Training means making an employee expert in a particular task. In mangal textiles the aspectof training is given high importance as it is a process house and skilled workers having theknowledge to operate the machines are a must. Hence the Managers of Mangal Textiles oftensend their employees for seminar and traning programs for development of the intellectualand physical skills.
Recruitment
In this textile mill basically recruitment is done on the basis of recommendations of currentemployees.
Incentives:
The process house provides its employees monetary incentives to those who surpass thestandards of production. The company also provides the employees non-monetary incentiveslike free health check ups and also medicines. It also acknowledges the good qualities of the
employees by giving them awards.
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FINANCECAPITAL STRUCTURE:
Mangal textiles is majorly self family financed. It uses the loans provided by government forindustrial development at a lesser rate of interest.
The textile giant plans its finance beforehand so that the progress of the company is nothindered.
The capital structure of the textile industry goes like this:
Estimation of requirement
Planning
Sources and analysis
Collecting finance
Allocation/application
Recording/review
Monitoring
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BASIC RATIOS:
LIQUIDITY RATIOS
1. Current Ratio: Current Assets Current Liabilities
The objective is to measure the ability of the firm to meet its short-term obligations and to
reflect the shortterm financial strength/ solvency of a firm.
2. Quick Ratio: Current asset-inventory current liabilities
The objective is to measure the ability of the firm to meet its shortterm
obligations as and when due without relying upon the realization of stock.
LEVERAGE RATIOS
3. Debt Equity Ratio: Debt Equity
The objective of computing this ratio is to measure the relative proportion of debt
and equity in financing the assets of a firm.
The ratios are:
A. Earnings per Share.
B. Dividend Per Share
A. Earnings Per Share:Formula:
Net Profit Ratio= Net Profit after Tax
No. Of Equity Shares
B. Dividend Per Share:Formula:
Dividend Per Share= Dividend .
No. Of Equity Share
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SOCIAL RESPONSIBILITY
Mangal textiles being a textile process house tycoon, also makes sure that it gives thesociety back for what the society has given it.
Hence mangal textile is very active in organizing various events for the benefit of the
society.
Events organized by mangal textile mills for its worker are
Blood donation camps. Worked wit NGOs like prathma, red cross, yuvaunstoppable etc.
Mangal textile mills also organizes a free health check up camps for its workers.Moreover it also provides free medicines to the suffering workers.
ECO-FRIENDLY:
Mangal textile mills has mention in its website:
We cannot hope tom live in place, by endangering and upsetting the delicate ecological
balance that makes Life possible on Earth. Keeping this holistic view in perspective, the
Sekhani Group is committed to keep all its operations eco-friendly. No harm shall ever cometo the Environment and Nature from this Group of companies! All the machines and
processes used by these companies adhere to the global standard of ecology and energy
conservation.
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Awards and Achievements
This process house has recently achieved an Award Named OEKO-TEX Certificate.
The Oeko-Tex Standard 100 is a globally uniform testing and certification system fortextile raw materials, intermediate and end products at all stages of production.
The tests for harmful substances comprise substances which are prohibited or regulated bylaw, chemicals which are known to be harmful to health, and parameters which are includedas a precautionary measure to safeguard health.
It is essential that the details on the test label (test number and test institute) correspond to
those on the accompanying certificate. Products not listed on the certificate may not be
marked with the Oeko-Tex label.Missing certificates or data relating to the products
supplied which deviates from that on the certificate indicate improper use of the
http://www.oeko-tex.com/OekoTex100_PUBLIC/content.asp?area=hauptmenue&site=schadstoffpruefung&cls=02http://www.oeko-tex.com/OekoTex100_PUBLIC/content.asp?area=hauptmenue&site=schadstoffpruefung&cls=027/29/2019 mangal textile
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CONCLUSION
Here we can conclude that the textile ginat Mangal Textile Mills is a well equipped Textile
process house and it uses completely eco-friendly machines to cause least Possible harm to
mother nature. The factory has a capacity of producing 15000 meters Of cloth per day. It
fulfills all it social responsibilities and also keeps its workers Motivated to work. The
atmosphere seen in the textile industry was extremely united Peaceful and full of moral.
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Source of Information / Bibliography /
Webliography
http://mangaltextile.com/index.phpo http://mangaltextile.com/valued-customers.phpo http://www.fibre2fashion.com/industry-article/market-research-industry-
reports/indian-textile-industry/indian-textile-industry9.asp
o http://www.oekotex.com/OekoTex100_PUBLIC/content5.asp?area=hauptmenue&site=oekotexstandard100&cls=02
o www.oekotex.com/OekoTex100_PUBLIC/content5.asp?area=hauptmenue&site=oekotexstandard100&cls=02
o http://www.teonline.com/knowledge-centre/dyeing.htmlo http://mangaltextile.com/machinery.phpo http://www.images.google.com
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THANK YOU