ON SELLING TREND OF COTTON YARN AT VARDHMAN POLYTEX LTD BATHINDA Submitted in the partial fulfillment of the requirements for the degree of “MASTER OF BUSINESS ADMINISTRATION “ Submitted to Submit by Vardhman Polytex Ltd. Navdeep Kumar Badal road, Bathinda MBA 1
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ON
SELLING TREND OF
COTTON YARN
AT
VARDHMAN POLYTEX LTD
BATHINDAS u b m i t t e d i n t h e p a r t i a l f u l f i l l m e n t o f t h e r e q u i r e m e n t s f o r t h e d e g r e e o f
“MASTER OF BUSINESS ADMINISTRATION “
Submitted to Submit by Vardhman Polytex Ltd. Navdeep Kumar
Badal road, Bathinda MBA
1
Chandigarh Group of Colleges Mohali
STUDENT’S DECLARATION
Cer t i f i ed tha t I am Navdeep Kumar o f Mas te r o f
Bus iness Admin i s t r a t i on -3 r d Sem(Marke t i ng ) have
p repa red repo r t t i t l ed ‘SELL ING TRENDS OF
COTTON YARAN AT VPL , Bath inda” and
comp le ted my p ro j ec t unde r t he gu idance o f
M r .A ro ra & Mr . j agd i sh s i ng l e i n t he pa r t i a l
f u l f i l lmen t o f t he requ i rements f o r t he deg ree o f
Mas te r o f Bus iness Admin i s t r a t i on . We he reby
ce r t i f y t ha t no pa r t o f t h i s r epo r t has been
submi t ted f o r any o the r deg ree .
The p ro j ec t was unde r taken as a pa r t o f t he
cou r se o f M .B .A . unde r Pun jab i Un i ve r s i t y , Pa t i a l a .
P l a ce -Ba th inda P l ace -Ba th inda Da te : Da te : NAVDEEP KUMAR NAVDEEP KUMAR
2
ACKNOWLEDGEMENTACKNOWLEDGEMENT
I wou ld l i ke t o ava i l t h i s oppo r tun i t y t o exp ressI wou ld l i ke t o ava i l t h i s oppo r tun i t y t o exp ress
my deep sense o f g ra t i t ude t o a l l t hose whomy deep sense o f g ra t i t ude t o a l l t hose who
have he lped and encou raged me towards thehave he lped and encou raged me towards the
success fu l comp le t i on o f t h i s p ro j ec t .success fu l comp le t i on o f t h i s p ro j ec t .
I am ve ry g ra te fu l t o M r . MR . V i j ay A ro ra , I am ve ry g ra te fu l t o M r . MR . V i j ay A ro ra ,
B ranch Manage r f o r h i s va luab le sugges t i ons ,B ranch Manage r f o r h i s va luab le sugges t i ons ,
gu idance and so l v i ng the p rob lems th roughou tgu idance and so l v i ng the p rob lems th roughou t
t he p ro j ec t . A l so , w i thou t h i s he lp , I wou ld no tthe p ro j ec t . A l so , w i thou t h i s he lp , I wou ld no t
have go t a chance t o unde r take th i s wo rk o fhave go t a chance t o unde r take th i s wo rk o f
s tudy .s tudy .
I wou ld a l so l i ke t o t hanks the f o l l ow ing I wou ld a l so l i ke t o t hanks the f o l l ow ing
peop le who sha red the i r p rec i ous know ledge andpeop le who sha red the i r p rec i ous know ledge and
expe r i ence w i th me and p rov ided me necessa ryexpe r i ence w i th me and p rov ided me necessa ry
gu idance and he lp wheneve r r equ i red :gu idance and he lp wheneve r r equ i red :
3
TABLE OF CONTENTS
1. Introduction
2. An introduction to development of textile in human life
3. Overview of Indian textile industry
4. Types of cotton yarn
5. Company structure
6. Company profile
7. Vardhman Polytex limited
8. Manufacturing process in Vardhman Polytex limited
9. Functions of various departments of vpl Bathinda
10. Vision
11. Objectives of study
12. Scope of study
13. Methodology
14. SWOT analysis
15. Sales of cotton yarn in domestic market
16. Trend of export n last five year
17. Limitations
18. Summary of the study
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19. Findings of the study
20. Suggestions and recommendations
21. Conclusion
22. Bibliography
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INTRODUCTION
There has been a constant search for clothing and it
lead to the knowledge of source from vegetation i.e.
cotton and from animal i.e. wool, which could be knitted
and woven to manufacture cloths to wear. The
commercial development of manmade fibre began late
in the 19th century. It growing during 1940's. Earlier
the spinning and weaving of cloths was done manually.
But with the passage of time a lot of improvement in
the spinning and weaving came up. The textile industry
has been growing to its new height with new
technological advancement. With the cotton belts
available throughout India. The spinning and weaving
industries came up.
First cotton mills have been established in India during
1854 name of Bombay Spinning & Weaving Co. The
cotton industry has progressed a lot. Thereafter the
most modern machinery of spinning and weaving has
been installed till today. India has achieved a lot in the
textile industry and almost 700 textile units are working
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successfully. The cotton textile industry has played its
vital role in bringing improvement for the economy of
the nation. And it has contributed a lot towards the
improvement in the national economy. From the
western part of India i.e. Maharashtra and Gujarat
where a lot of cotton textile mills have been installed
and this is the area from exports of the textile yarn is
very easy because Bombay port and other facilities are
available in this region and climate condition of this
area also very much fit to run the textile industry.
The invention of the man made 33 fiber that is
synthetic fiber like Nylon, Acrylic Fiber, Viscase,
Filament Yarns, Melange Yarn etc. had given a good
blow to the grow for the cotton textile industry. About
50 countries have been importing such material from
India.
The major center in the north India dealing in woolen
products manufacturing and Kanpur, Dhariwal, Panipat,
Ludhiana and Amritsar. The first woolen mill was
started at Kanpur in 1886. The textile industry may be
classified into:-
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1. Textile mills comprising composite and spinning mills
in the organized segment.
2. Khadi based units.
3. Made up fiber.
The invention and production of manmade fruity three
fibers that is synthetic fiber like nylon, acrylic, fiber
gave a blow to cotton textile industry. India cotton yam
and clothes find an appreciable acceptance in overseas
market. India has one of the largest textile industries of
the world. Textiles constitute an important sector in
Indian exports. The textile industry is obviously
receiving new input which can provide faster growth to
the industry. There are some weaknesses that the
textile industry faces in India. The low production of
cotton crop, under developed and less modem status of
India's textile industry and lack of concern for quality
has been acting on barriers to faster growth of India's
textile exports.
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THE DEVELOPMENT OF TEXTILE IN
HUMAN LIFE
The physiological need of the human being is food,
clothing and shelter in order to survive. Since the day of
inception of humans on this earth the many changes have
been taken place at different spar of times, human being
gradually has evolved itself from a nomad to civilized
living conditions. The major changes in human living
phase was like knowing the art of agriculture, inventions
of wheels for transportation generation of power, but the
very basic need which really took the man off from his
feet was the invention of knitting and weaving. Human
beings need to cover their body to protect from diverse
climates and to add the appearance. The human's first
use plant barks leaves and animal skin to wrap around
them. Then as the development of brain took place, they
started to explore other possibilities and invent more in
this area. There was a constant search for clothing and it
led to the knowledge of sources from vegetation i.e.
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Cotton and from animals i.e. wool, which could be knitted
and woven to manufacture clothes to wear.
The commercial development of man-made fibre began
late in the 19th Century, experienced much growth during
the 1940's, expanded rapidly after World War -: II and in
the 1970's was still the subject of extensive Research and
Development.
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OVERVIEW OF INDIAN TEXTILE
INDUSTRY
We all know that prime needs of man are food, clothing
and shelter. Clothing a main part of the prime needs is
satisfied by the presence of textile industry. Thus the
scope of textile industry is vast, ever expanding and
serves the individual man, women, child, the community
and country. Textile industry has a wide range of utilities
form decorating one's home to donning the dresses of
army & navy. As such there has been an increase in
demand of both at domestic and international level.
India has one of the largest textile industries of the world
and also is the single largest organized industry in India
employing over 21 lakh workers. The industry has four
sectors Khadi, handlooms and organized mills of which
cotton textile being the most significant the consumption
has constantly shifted towards modem, blended, dyed and
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printed goods. The consumers now prefer good quality
and durable products. These too have forced several
manufacturers in textile industry to change their product
mix.
Textile constitutions and important sector in India
exports. Textile and garments are the single largest
category of products from India/ accounting for about 25
% of the country exports. Garments export industry,
unparticular is showing phenomenal increase in growth
year after year. Releasing export significance an
employment potential, the government deli censed the
cotton textile industry including power looms.
Encouragement to export of cotton textile and garment
become an important part of the new policies. Under the
law policy, sophisticated garment machine, which are not
manufacture in India, are now allowed to be import under
OGL. Moreover the new policies have allowed setting up
of garment manufacturing units provided they export 50%
of the production.
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The exports have also increased to a great extent due to
the interest undertaken by the Government to boost
exports. It has introduced ISO 9002 for quality related
factors.
There are some weaknesses, which India has to
overcome. Infect, for these weaknesses, Indian export of
textile would have been much higher. The low
productivity of the cotton crop, the relatively under
developed and less modem status of India's textile
industry and lack of concern for quality, has been acting
on barriers to faster growth of India's textile exports.
Textile industry may be classified into :
1. Textile mills comprising composite and spinning mills in
the organized segment
2. Small power loom and handloom units in the
decentralized segment Khadi-based units
3. Man made and synthetic fiber and spinning units made
up fiber.
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TYPES OF YARN
Yarns can be described as single, or one-plies; ply, plied,
or folded; or as cord, including cable and hawser types.
Single yarns
Single, or one-ply, yarns are only single strands
composed of fibers held together by at least a small
amount of twist; or of filaments grouped together either
with or without twist; or of narrow strips of material; or of
single- man-made filaments extruded in sufficient
Thickness for use alone as yarn (monofilaments). Single
yarns of the - spun type, composed of many short fibers,
require twist to hold them together and may be made
with either S-twist or Z-twist). Single yarns are used to
make the greatest variety of product because of the good
length fibers.
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Ply yarns
Ply, plied, or folded, yarns are composed of two or mare
single yarns twisted together. Two-ply yarn, for example,
is composed of two single strands; three-ply yarn is
composed of three single strands. In making ply yarns
from spun strands, the individual, and trends are usually
each twisted in one direction and are then combined and
twisted in the opposite direction. When both the single
strands and the final ply yarns are twisted in the same
direction, the fibre is firmer, producing harder texture
and reducing flexibility.
Card yarns
Card yarns are produced by twisting ply yams together,
with the final twist usually applied in the opposite
direction of the ply twist Cable cords may follow an SZS
form, with S-twisted singles made into Z-twisted plies that
are then combined with an S-twist, or may follow a ZSZ
form. Hawser cord may follow an SSZ or a ZZS pattern.
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Cord yams may be used as rope or twine, may be made
into very heavy industrial fabrics, or may be composed of
extremely fine fibres that are made up into sheer dress
fabrics.
Novelty yarns
Novelty yarns include a wide variety of yams made with
such special effects as slubs, produced by intentionally
including small lumps in the yam structure, and man-
made yams with varying thickness introduced during
production. Natural fibers, including some linens, wools to
be woven into tweed, and the uneven filaments of some
types of silk cloth are allowed to retain their normal
irregularities, producing the characteristic uneven surface
of the finished fabric. Man-made fibers, which can be
modified during production, are especially adaptable for
special effects such as crimping and texturizing.
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COMPANY STRUCTURE
OSWAL GROUP
VPL BATHINDA ANSHUPATI
LUDHIANA
VTM
LUDHIANA
F.M.
HAMMERBAY
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COMPANY PROFILE
OSWAL GROUP is a premier Textile Group of Northern
India having its Corporate Office at Ludhiana, Punjab. The
Group has existence for last 40 years with core
competency of Spinning. We were earlier part of
Vardhman Group but after family settlement between two
brothers in 2003, we have named ourselves as Oswal
Group.
The Group is mainly into spinning & dyeing of all types of
Yarn in different blends & manufacturing of Garments.
The Group has plans to diversify in future but mainly in
textiles related activities.
Mr. Ashok Oswal, Chairman & Managing Director who is a
Law Graduate and having experience of over 25 years in
the textiles, heads the Group. He has been assisted by
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the talented team of professionals in the field of
Production, Finance, Marketing, Commercial, HRD and IT
at the Corporate Level. Under the dynamic leadership of
Mr. Ashok Oswal, the Group is consolidating its strength
in textiles and plans to reach highest standards of quality
at a competitive cost in manufacturing different types of