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While conducting the study the researcher got a real idea about the
structure of the management and harmonious working conditions of employees in
IKON EXPORTS AT TIRUPUR. A fair organizational study will help an
organization to develop a lot. The suggestions given by the researcher will help to
improve the efficiency and effectiveness of the organization in a systematic manner.
OBJECTIVES OF THE STUDY
The study focus on the overall structure of the organization. In this study, the
researcher analyzed the overall functioning of the firm and also the financial
performance of the enterprise.
The researcher made a moderate attempt to have the SWOT analysis of the study
INDUSTRY PROFILE
Textile is derived from Latin word’ TEXERE’ which means to weave. It was originally applied
only to woven fabrics, but now a general term for fibers yarn and other materials. The major
cotton producing states are Punjab, Haryana, Gujarat, Maharashtra, Rajasthan and Andra
Pradesh. India has the largest hector age in the world amounting to a million hectors or 25% of
the textile industry in Ikon is rather small compared to the best of the country. In Ikon in order to
satisfy the raw materials needs of waves, government of Ikon stated 5 spinning mill under co-
operative sector.
The public sector units in textile sector where mainly engaged in the activities of yarn
manufacturing. The 9 units including the 4 companies owned by employee around 5979
personnel accounts for 10% of total employment in enterprise under industries development. The
major problems of textile one is
PROCESS
In spinning process, separate fibers are trusted together to bind them in to a stronger long yarn
vary based on the material used, fibers length and alignment, quantity fibers used and degree of
twist. The direction in which the yarn is spin is called twist and yarn are characterized on 2 twists
or 5 twists according to the direction of spinning rightness of twist is measured in twist per inch
(IPI). Two or more spun yarn may be twisted together or piled to form a thicken yarn. Generally
hands Spun single piles one spun with a Z-twisted and playing is done with an S-twist.
CONTEMPORARY HAND SPINNING
With the recent part, many new spinners have joined into this ancient process innovating the
craft and creating new technologies from using many new applicants of dying before
wouldn’t be in a traditional yarn, to crafting techniques like coiling, this craft is constantly
evolving and shifting.
A woollen yarn is contrast hand spun from a role where the fibers aren’t as strictly aligned to
the yarn created. The woollen yarn captures much more air and makes for a soften to
convene and generally bulkier yarn. A spinner will spin using varying techniques for
handcrafted and roles based yarn and thus make a semi-worsted yarn. Woollen can be dyed at
any time, but is often dyed before carding due.
Cotton mill first attempt by bowery cotton mills near Kolkata by English enterprises
1st mill as established by C.N. DAVER in1854, Mumbai. Textile is the second largest
industry in India after agriculture industry.
The industrial growth of the country was piloted by textile industry even before
independence and occupied a very unique position by its contribution to the national product,
export and final consumption expenditure. Cotton played a dominant role in the growth of
the industry in the country. The major cotton producing states are Punjab, Haryana, Gujarat,
Maharashtra, Rajasthan, and Andhra Pradesh. Through India has the largest cotton hector age
in the world around 9million hectors, the production in the country is hardly 20% of the
world production. The textile sector is major contribution to the foreign exchange earning of
the country for 35% of the total export. There are 1767 textile mill in the country of which
192 are in public sector, 151 in co-operative sector and 1424 in private sector.
The public sector units in textile sector where mainly engaged in the activities of yarn
manufacturing. The 9 units including the four companies owned by employee around 5979
personnel and accounts for 10% of total employment in enterprise in under industries
department.
The history of textiles in India dates back to nearly five thousand years to the days of the
Harappa civilization. Evidences that India has been trading silk in return for spices from the 2nd
century have been found. This shows that textiles are an industry which has existed for centuries
in our country. Recently there has been a sizeable increase in the demand for Indian textiles in
the market. India is fast emerging as a competitor to China in textile exports.
The Government of India has also realized this fact and lowered the customs duty and reduced
the restrictions on the imported textile machinery. The intention of the government’s move is to
enable the Indian producers to compete in the world market with high quality products. The
results of the government’s move can be visible as Indian companies like Arvind Mills, Mafatlal,
Grasim; Reliance Industries have become prominent players in the world. The Indian textile
industry is the second largest in the world-second only to China.
The other competing countries are Korea and Taiwan. Indian Textile constitutes 35% of the total
exports of our country.
The history of apparel and textiles in India dates back to the use of mordant dyes and printing
blocks around 3000 BC. The foundations of the India's textile trade with other countries started
as early as the second century BC. A hoard of block printed and resist dyed fabrics, primarily of
Gujarati origin, discovered in the tombs of Foster, Egypt, are the proof of large scale Indian
export of cotton textiles to the Egypt in medieval periods.
During the 13th century, Indian silk was used as barter for spices from the western countries.
Towards the end of the 17th century, the British East India Company had begun exports of
Indian silks and several other cotton fabrics to other economies. These included the famous fine
Muslin cloth of Bengal, Orissa and Bihar. Painted and printed cottons or chintz was widely
practiced between India, Java, China and the Philippines, long before the arrival of the
Europeans. India Textile Industry is one of the largest textile industries in the world. Today,
Indian economy is largely dependent on textile manufacturing and exports
India’s textiles and clothing 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 Report of the
Working Group constituted by the Planning Commission on boosting India’s Manufacturing
exports during 12th Five Year Plan (2012-17), envisages India’s exports of Textiles and Clothing
at USD 64.41 billion by the end of March, 2017. The textiles industry Accounts for 14% of
industrial production, which is 4% of GDP; employs 45 million people and accounts for nearly
11% share of the country’s total exports basket.
MARKET SIZE
The Indian textile industry is set for strong growth, buoyed by both rising domestic consumption
as well as export demand. Abundant availability of raw materials such as cotton, wool, silk and
jute and skilled workforce has made India a sourcing hub.
The most significant change in the Indian textile industry has been the advent of man-made
fibers (MMF). India has successfully placed its innovative range of MMF textiles in almost all
the countries across the globe. Man-made fiber production recorded an increase of 2 % during
the year 2012-13.
Cotton yarn production increased by about 15 per cent during March 2013 and by about 14 per
cent during the year 2012-13. Blended and 100 per cent non-cotton yarn production increased by
10 per cent during March 2013 and production increased by 3 per cent during the year 2012-13.
Cloth production by mill sector registered a growth of 19 per cent during the year 2012- 2013.
Cloth production by handloom and hosiery increased by 2 per cent and 14 per cent. The total
cloth production grew by 1 per cent during March 2013 and by 4 per cent during the year 2012-
2013.
COMPANY PROFILE
Our factory is equipped with branded high-quality sewing machines imported from Japan.
Currently employing more than 100 workers & 10 staff. we have highly skilled production and
managerial personnel to take care of all the works.
We will give the shape for your D R E A M S and I M A G I N A T I O N S.
INFRASTRUCTURE
Our manufacturing unit comprises total of 60 brand new imported machineries on systematically
well arranged 10000 sq. ft
PRODUCTION CAPACITY
IKON EXPORT is having a capacity to manufacture 30, 000 PCS in basic round neck T-shirt
and 15, 000 PCS in Polo T-shirt per month
PRODUCTS:
IKON EXPORT offers a wide range of products from regular knitwear to innovative utility value
based knitwear. It gives an edge to manufacture garments for all seasons / trends eventually
assisting our customers to be placed in a better and superior position in the market
THE RANGE
Single jersey knits
Single jersey auto stripe
Single jersey 4 track & jacquard designs
Double jersey knits
Double jersey auto stripe
Two thread and three thread Fleece
Interlock
Interlock jacquards
Yarn dyed
Organic cotton
Allover Prints & embroidery
GENERAL KNITWEAR
IKON EXPORT is knitwear manufacturer and exporter of a wide range in knitwear for Men,
ladies and children in 100% cotton, mélanges.
QUALITY POLICY
VISION:
To be the world class quality retail solution provider to all global retail giants in home
furnishing segment with social and environmental commitment.
MISSION:
Excel in quality, technology, design innovation by synergizing best brains and value the
social and environmental concerns.
ORGANIZATION STRUCTURE
Managing Director
General Manager
PRODUCTION DEPARTMENT
PURCHASE YARN:
Yarn is the main raw material of the company .it purchases its raw material from the
local areas and other districts. Like tirupur, erode, and Coimbatore etc. the purchased raw yarn
are brought into the company by lorries ,trucks and heavy containers. The securing person to be
cross checked by stored inward register.
The yarn is weighted & stored in raw material godown . The total weight is entered in
“Weighted list register” which is maintained store keeper.
DYEING:
The fabrics material can be used the form of fiber, yarn and cloth .but from the pont
economy t would be advantage to dye th material at final stage in the manufacturing process s
possible
BLEACHING:
Bleaching is the simple cleaning process. it is to wash away the gray and materials before
dong the further process by using the certain chemicals
FINISHING:
The fabrics are treated with various finishing chemical to get soft fee, antcrease,
florescent with etc. and they stretched to the required with and dried finally
PRODUCTS:
Largest collection of Table Linen in the country,
Over 5000 designs in Tablemats, Napkins, Runners,
Tablecloths,
Kitchen Towels and
sets in embroidered,
Printed and Jacquards.
Modern manufacturing infrastructure and Design studio
PRODUCTION PROCESS
WINDING
WARPING
BEAM STORAGE
WEAVING
FABRIC FOLDING
CUTTING
STITCHING
CHECKING
PACKING
SPINNING
Rope Dyeing
Sizing
Drawing
Looming
Finishing
Inspection
Packaging
RING SPINNING:
Spinning process is done by machine called ring frame. It converts the bobbin into a yarn. The
bobbin taken from the previous process fly frame is mounted on ring frame either automatically
or manually. The ring frame stretches the material using a drafting 2s and 140s. Ring yarn is
finer and more hairy when compared to open end.
Need of advancement:
In ring spinning a large number of changes had occurred for continuous improvement in
production, quality and efficiency…
Air suction.
Air pipes.
Additional air conditioning requirements.
Advantages:
Production of high strength yarns.
Spinning of fine yarn count.
Proper for special yarns.
It is flexible as regards quantities (blend & lot size)
The speeds in drawing section are best controlled, yarn evenness is excellent. But if
short fibers are too much, yarn unevenness occurs.
Fine yarns can be produced as compared to open-end spinning system
Disadvantages:
Process stages are more numerous. Roving stages exists as an extra process compared to
other systems.
The high speed of the traveler damages the fibers.
Capacity of the cops is limited.
Energy cost is very high.
Low production rate.
Umbrella creel:
Fig: Umbrella creel
Advantages:
Reduction in maintenance costs.
Easy creeping.
Space saving as because most of the creel bars are not used.
Disadvantages:
Higher initial cost.
SU ring:
The SU ring / traveller system is suitable for the processing of synthetics spinning at top speeds
whilst producing best yarn quality.
Fig: SU system
Compact spinning:
Compact spinning is simply the modification of conventional ring spinning systems.
Ring yarns which are spun on ring spinning frame without a spinning triangle, are
unsurpassed in respect of their high strength and minimum hairiness.
Spinning triangle:
A long spinning triangle implies a long weak point more end breaks.
A short triangle represent a small weak point fewer end breaks.
If it is too short then the fibers on the edge must be strongly deflected to bind them in.
Yarn structure:
Comparison of conventional ring spun yarn & compact yarn:
Fig: Comparison of conventional ring spun yarn & compact yarn
Automatic doffing:
Used to make the doffing function automated
It has the main components
Doffing Beam unit
Servo Disc Belt
ROBO DOFF unit
Fig: Full cops are gripped by the doffing unit and come down
Fig: Full cops are placed on servo disc belts & empty tubes are placed
The doffer transfers the full cops to the SERVO disc transport system, which conveys them
either to the transfer station of the winder or to the fully automated ROBO load tube loader.
The SERVO disc prevents tilting and thus ensure smooth transport, while the machine
already resumes yarn production.
WEAVING:
The process of producing a fabric by interlacing warp and weft threads is known as weaving.
The machine used for weaving is known as weaving machine or loom. Weaving is an art that has
been practiced for thousands of years. The earliest application of weaving dates back to the
Egyptian civilization. Over the years, both the process as well as the machine has undergone
phenomenal changes. As of today, there is a wide range of looms being used, right from the
simplest hand loom to the most sophisticated loom.
Classification of Weaving Machines:
Weaving machines are classified according to their filling insertion mechanism. The
classification is as follows:
1. Shuttle
2. Shuttle-less
Projectile
Rapier
Air-Jet
Water-Jet
Shuttle Weaving
In shuttle weaving, a shuttle that traverses back and forth across the loom width, inserts the
filling. Shuttles can be made of wood or plastic. Filling yarn is wound on the quill and the quill is
placed in the shuttle. As the shuttle move across the loom, the filling yarn is unwound from the
pirn and lay in the shed.
Fig: Basic Weaving Mechanism
Projectile Weaving
Projectile weaving machines use a projectile equipped with a gripper to insert the filling yarn
across the machine. The gripper projectile draws the filling yarn into the shed. The Projectile
glides through the shed in a rake- shaped guide. Braked in the receiving unit, the Projectile is
then conveyed to its original position by a transport device installed under the shed.
1. Single Rapier Machines: A single, rigid rapier is used in these machines. The rigid rapier is a
metal or composite bar usually with a circular cross section. The rapier enters the shed from one
side, picks up the tip of the filling yarn on the other side and passes it across the loom width
while retracting. Therefore, a single rapier carries the yarn in one way only and half of the rapier
movement is wasted. Also there is no yarn transfer since there is only one rapier. The single
rapier’s length is equal to the width of the loom.
2. Double Rapier Machines: Two rapiers are used in these machines: one rapier, called the
giver, takes the filling yarn from the yarn accumulator on one side of the loom, brings it to the
center of the machine and transfers it to the second rapier which is called the taker. The taker
retards and brings the filling yarn to the other side. Similar to the single rapier machines, only
half of the rapier movements are used for filling insertion.
Air-Jet Weaving
The air jet weaving machines are the weaving machines with the highest weft insertion
performance and are considered as the most productive in the manufacturing of light to medium
weight fabrics, preferably made of cotton and certain man-made fibers (sheets, shirting fabrics,
linings, taffetas and satins in staple yarns of man-made fibers); it has anyway to be pointed out
that technically positive results are obtained at present also with heavy weight fabrics (denims)
and that some manufacturers produce also machine models for terry production.
Fig: Air-Jet Weaving
These machines are the ideal solution for those who want to produce bulk quantities of
customized fabric styles. The weaving widths range generally from 190 to 400 cm. As regards
the multicolor weft carrier, up to 8 different wefts can be fed. It has however to be considered
that the air jet weaving machines require a high energy consumption to prepare the compressed
air and that this consumption rises definitely with increasing loom width and running speed. The
reduction in the energy consumption is in fact one of the main concerns of the manufacturers,
and builds for the user an important selection criterion.
Water-Jet Weaving
A water-jet weaving machine inserts the filling yarn by highly pressurized water. The relative
velocity between the filling yarn and the water jet provides the attractive force. If there is no
velocity difference, then there would be no tension on the yarn results in curling and snarling of
the yarn. Water-jet weaving machine can only be used for hydrophobic fibers.
Fig: Water-Jet Weaving
FINISHING
Textile Finishing is a process used in manufacturing of fiber, fabric, or clothing. In order to
impart the required functional properties to the fiber or fabric, it is customary to subject the
material to different type of physical and chemical treatments. For example wash and wear finish
for a cotton fabric is necessary to make it crease free or wrinkle free. In a similar
way, mercerizing, singeing, flame retardant, water repellent, water proof, antistatic finish, peach
finish etc are some of the important finishes applied to textile fabric.
Textile Finishing:
Textile finishing is a term commonly applied to different process that the textile material under
go after pretreatment, dyeing or printing for final embellishment to enhance their attractiveness
and sale appeal as well as for comfort and usefulness.
Fig: Textile finished fabric
Objects of Finishing:
The aim of finishing is to render textile goods fit for their purpose or end use. Besides that,
finishing can be done for achieving the following purposes-
2. Permanent/Durable:
If the finishing effect in the fabric does not disappear and remains unaffected through all the
conditions of wear and washing treatments, then the finish is said to be permanent finish.(
(Raising, Sanforizing, etc)
Calendaring:
Calendaring is defined as the modification of the surface of a fabric by the action of heat and
pressure. The finish is obtained by passing the fabric between heated rotating rollers (Smooth or
Engraved) when both speed of rotation and pressure applied are variable.
1. Temporary:
A finish which is not stable and goes off after the first wash is known as temporary finish
(Starching, Weighting, Softening etc.)
2. Permanent/Durable:
Permanent finishes usually involve a chemical change in fibre structure and will not change or
alter throughout the life of a fabric(Mercerizing, Resin, Water proof, Fire proof etc Soil
Release)
Peach finish:
Subjecting the fabric (either cotton or its synthetic blends) to emery wheels, makes the surface
velvet like. This is a special finish mostly used in garments.
Fig: Peach finish
Anti Pilling:
Anti pilling finish reduces the forming of pills on fabrics and products made considerable
strength, flexibility and resistance to impact. Anti pilling finish is based on the use of chemical
treatments which aim to suppress the ability of fibers to slacken and also to reduce the
mechanical resistance of synthetic fiber.
MANUFACTURING PROCESS
Textile Manufacturing Process Textile Manufacturing Process is done some regular processes.
Each process of textile manufacturing is maintained with pre-defined sequences and the textile
engineers usually follow the flow chart step by step to produce the better textile products
according to buyer’s requirement. Usually, the whole textile manufacturing process is divided by
four sectors;
Fiber
Fabric
Spinning
Pre-treatment
Finishing
Dyeing or/and Printing
TEXTILE FIBER
Textile fiber has some characteristics which differ between fibers to Textile fiber. Textile fibber
can be spun into a yarn or made into a fabric by various methods including weaving, knitting,
and braiding, felting, and twisting. The essential requirements for fibers to be spun into yarn
include a length of at least 5 millimeters, flexibility, cohesiveness, and sufficient strength. Other
important properties include elasticity, fineness, uniformity, durability, and luster. Banana fiber
is one kind of fiber but it is not a textile fiber. Because it cannot fill up the above properties. So
we can say that all fiber is not textile fiber.
Nonwoven, where yarns are bonded or interlocked using mechanical, chemical, thermal, hydro
or solvent.
Warp
Weft
Knitting, with one continuous yarn broken into two kinds of knits:
Satin
Twill
Plain
Weaving, layering warp and fill yarns, with three basic types of weaves
Fabric is the material or cloth made from natural or man-made yarns using one of
the following methods:
Fabric Production
PROCESS
The polymer being spun must be converted into a fluid state. If the polymer is a thermoplastic
then it can be simply melted, otherwise it is dissolved in a solvent or chemically treated to form
soluble or thermoplastic derivatives. The molten polymer is then forced through the spinneret,
and then it cools to a rubbery state, and then a solidified state. If a polymer solution is used, then
the solvent is removed after being forced through the spinneret.
PRETREATMENT PROCESS
Natural fibers and synthetic fibers contain primary impurities that are contained naturally, and
secondary impurities that are added during spinning, knitting and weaving processes. Textile pre-
treatment is the series of cleaning operations. All impurities which cause adverse effect during
dyeing and printing are removed in pre-treatment process.
Pre-treatment processes include desiring, scouring , and bleaching, which make subsequent
dyeing and softening processes easy. Uneven desizing, scouring, and bleaching in the pre-
treatment processes might cause drastic deterioration in the qualities of processed products, such
as uneven dyeing and decrease in fastness.
OBJECTIVE OF PRE-TREATMENT:
DESIZING
Sizes are applied to the warp yarns of the woven fabrics to assist the weaving process but must
be removed prior to dyeing or printing. This process of removing the starch from the fabric is
called desizing. Cellulosic and Synthetic fabrics contain sizes to some extent, whereas knitted
fabric does not contain sizes.
SCOURING
Scouring is the next process after desizing in which the water insoluble impurities, the natural
fats and waxes present in the fabric are removed. This provides a greater cleaning action to
remove the soiling and staining developed during transportation or storage of the goods. Due to
the removal of these impurities, the absorbency of the fabric increases to the greater extent, this
facilitates further processing functions. There are two methods come into account, which are,
alkali scouring and solvent scouring Normally, alkali scouring is the mostly accepted process and
sodium hydroxide (NaOH) is applied as alkali.
BLEACHING
The scouring process of cotton removes waxes, but other majority of impurities leaving behind
the natural coloring matter. In such situation, bleaching completes the purification of fiber by
ensuring the complete decolourisation of coloring matter. A general classification of bleaching
agents is shown in:-
TEXTILE FINISHING
Textile Finishing is a process used in manufacturing of fiber, fabric, or clothing. In order to
impart the required functional properties to the fiber or fabric, it is customary to subject the
material to different type of physical and chemical treatment.
MECHANICAL FINISHING;
Involving the application of physical principles such as friction, temperature, pressure, tension
and many others.
Chemical Finishing;
The finishes applied by means of chemicals of different origins, a fabric can receive properties
otherwise impossible to obtain with mechanical means.
Enzyme Finishing;
Bio polishing, also called bio-finishing, is a finishing process applied to cellulosic textiles that
produces permanent effects by the use of enzymes. Bio-finishing removes protruding fires and
slobs from fabrics, significantly reduces pilling, softens fabric hand and provides a smooth fabric
appearance, especially for knit wear and as a pretreatment for printing.
Types of Finishing
Textiles are usually colored to make them attractive and beautiful. They would appear extremely
dull in the absence of color. There are two ways of adding color to a textile substrate, printing
and dyeing. Printing is a process in which a multicolour effect is produced on the textile at
discrete places where as dyeing completely covers the substrate with color. The substances used
to color the textiles can be classified as dyes or pigments.
Personnel
Manager
Head Time ESI and PF clerk Security Officer
Keeper
Shift Time
Keeper
OBJECTIVE:
The world around us is changing and the HR Roles and Responsibilities have to change
as well. In the past, the HRM was responsible for developing the processes, which assure the top
quality delivered to the organization.
The demand from the organization changes. The organization does not expect the HRM
Function to react to its requests; it expects HRM Function to proactively propose new solutions,
new procedures and new policies to keep the competitive advantage on the market.
The HR Roles and Responsibilities needs to react to this basic request by the
organization to keep the level of the satisfaction. Unfortunately, when you browse the Internet to
find information about the HR Roles and Responsibilities, you usually find the tables describing
the split of roles and responsibilities between HRM function and the internal clients.
Now a day, the HRM has to deliver even more. The HR Roles and Responsibilities have to take
the high level recognition of the organization and they need to be adjusted to make a full fit.
Keep HRM Function focused on tracking and implementing new trends in the industry
Keep HRM Function focused on helping the line management to implement
improvements
Keep HRM Function focused on operational excellence
Keep HRM Function responsible for developing the Human Capital potential in the
organization.
The new definition of the HR Roles and Responsibilities is important for the success of
Human Resources in the modern organization, but many HRM Function fail to implement good
ideas. For the support, you can download the following presentation on HR Roles and
Responsibilities.
MANPOWER PLANING:
Application.
Paper advertisement &campus interview.
Through relations and friends.
TRAINING CONSISTS OF:
At all level
Executives, staffs, workers, trainers
Periodical appraisal
Head of Department appraisal.
BONUS:
The workers receive their wages 7th if every month when the staffs receive theirs.
WELFARE SCHEMES:
LEAVE POLICY:
Those who are worked 6 days in a week, they are eligible to get one day leave in the
week.
MEDICAL FACILITY:
Medical facilities are given to the workers in the factory. If they meet with an accident in
the factory. They will be provided the medical facilities.
Tea
Cool water
First –Aid appliances
Proper ventilation and lighting
Allowances for workers
Canteen
Rest room and lunch room
Hostel (fully for Dyeing workers)
Bonus
Provident funds
Employees state insurance
Transport facilities
Phone facilities
TIME OFFICE:
The time office plays an important role for fixation for wages and salary
for workers, who are working in the unit.
Workers 161
Officers 8
supervisors 5
Office 15
assistant
Drivers 5
Security 5
Peons 3
TOTAL 202
Dearness Allowance.
Dearness allowance will be on the basis of Trivandrum cost of living index with
1970=100
Maternity Benefit
The maternity benefit is also provided as per the provisions of ESI act 1948. 84 days
leave will be granted as Maternity benefit. If delivery is done at hospitals referred from
ESI hospital then the full amount of treatment will be reimbursed.
Gratuity
If the employees complete a five years of continuous service, they are eligible to get
gratuity. In case of death or disablement the qualifying period of 5 years is not
necessary..
Canteen
Ikon exports located in Tirupur provide a well established canteen. Both the
management and workers can use the canteen facility. Canteen extends its service for
round the clock.
There is sufficient number of shelters and rest rooms are arranged separately for the
men and women workers. They can utilize the rest room at the leisure time or for
taking meals.
Travelling allowances
The employees of Ikon textiles get a travelling allowance of Rs 26 per month for 26
working days.
Pension
Supervisors- 7000
Junior manager – 8000
Manager- 12000
Selection of employees
Shift of workers
FROM TO
7.00 AM 3.30
PM
3.30 PM 12.00
AM
12.00AM 7.00
AM
PURCHASE DEPARTMENT:
Yarn is the main raw material of the company .it purchases its raw material from
the local areas and other districts. Liketirupure, erode, and Coimbatore etc. the
purchased raw yarn are brought into the company by Lorries, trucks and heavy
containers. The securing person to be cross checked by stored inward register.
The yarn is weighted & stored in raw material go down. The total weight is
entered in “Weighted list register” which is maintained store keeper Material purchased
through purchase order.
Fiber
2’s Count
6’s Count
10’s Count
20’s Count
Using fiber we can produce yellow cloth, and 2’s count we produce Handloom
products,6’s count to produce Power loom products and then used in weeping and
warping, 10’s count we produce Kitchen clothes i.e., Checked cloth, Glass cloth using
only power loom. 20’s count is used only for warping.
MARKETING DEPARTMENT
MARKETING
MANAGER
ASSIATANT
MANAGER
DEALERS
AGENTS
CUSTOMERS
The target market of IKON is the India market from there these products are purchased by
business concentrated on textile sectors. In order to avoid the ware housing and storage in
Mumbai these products are transferred to agents present in India that is IKON products are
marketed through “Depot marketing”.
Depot marketing means the agents act as intermediaries. IKON provides 1.5% of commission to
these agents .they sell the yarn o0n the basis of the present market value. The agent purchases
yarn from the mill and provides this yarn to the concerned parties. The payment is made only
after the selling procedure is complete
The cotton purchased from various state of India such as Punjab, Maharashtra etc. it is mainly
done by inviting quotation through online. The main products of IKON are carded yarn, combed
yarn and hank yarn .among the combed yarn possesses the highest demand in the market.
Agents placed outside our state are the main source of marketing information for IKON. Since
no marginal retail price can be fixed on the fiber yarn produced in IKON, the changes in the
market price and the condition are known in advance to the firm by the agents. Other than these
marketing opportunities for the products in IKON.
PRICING STRATEGY
One of the most important factors relating to fiber yarn is that no fixed marginal retail
price(MRP ) can be printed on the fiber yarn. Thus the firm is forced to sell the product at the
market price of the fiber yarn. Having known the changes that can happen in the market well in
advance, the firm is able to stock raw materials to be used in favorable conditions and thus
maintains the profit.
For the small business, there are several different organizational approaches to marketing.
The duty may lie with a single member of the team, or it could be a group responsibility. The
great thing about a small team is the ability to quickly instill a marketing led ethos which can
become the operational soul of your business.
Depending on budget availability and the skills of the team, you may chose to outsource
certain elements of the marketing process (such as market research) or decide to do these jobs in-
house. Key responsibilities of the marketing manager / director vary according to the business
but can include:
The goods produced in the firm have been marketed through different ways:
Friends circle, Gathering Address, Existing customers Samples have been given only
10% of their own samples and through customers they receive 90% of samples. The firm
has also fixing the rate for their goods by quotation basis after consulting that they fixing
the rate.
FINANCE DEPARTMENT:
Finance & Accounts departments are the heart of the company. This department has
overall responsibility for financial management. All purchase & sales activities are concerned
with the accounts department.
Finance & Accounts department deal with recording calcifying summarizing, preparing
& interpreting financial information computers are made vast use off here. They are keeping
contact with more than three banks.
The accounts department is computerized. All the books of accounts are maintained in
computers. The company has its own website. In this website, all information about company
and its product is available.
Accounts department is to maintain the company’s accounts and to finance the respective
departments in order to meet out their official expense like purchase of materials, salaries,
wages, etc.,
Accounts department keeps track of the transactions of the company and also the assets
and liabilities and produces the balance sheet financial year. Then they are audited by a reputed
charted accountant.
FINANCE DEPARTMENT
Finance Department
Accounts officer
Cashier
Clerks
The role of finance manager in the company is an important one. The function of the finance
manager is not confined to the management and making of the accounts but it also plays a major
role in dividend decisions, capital budgeting decisions, capital structure outlay of the firm,
decision related to the merger and acquisitions, and all the investment decisions of the firm. Thus
the finance manager plays an important role in any business enterprise.
The Financial Manager is responsible for entire finance department. Each and every
transaction related to cash or bank is responsible for Financial Manager. These are the head of
the Finance Department. Preparation of Financial Statements like Profit and loss accounts and
Balance sheets.
The finance manager has to deal with the mainly or generally with thaw 4 A's, these are
Transactional Excellence:
Records Maintained:
OPENING STOCK
MAINTAINING
LEDGER CLOSING STOCK LEDGER
ON WEIGHTED
AVERAGE METHOD
INTERNAL INTERNAL
VOUCHER FOR VOUCHER FOR
ISSUES ISSUES
OPERATION DEPARTMENT
QUALITY CONTROL:
Textile Testing and Quality Control (TTQC) lab is responsible to ensure the quality of the
products. In response to textile product evaluation TTQC lab plays an important role. Now days,
man wants to get qualitative product from the producer. For this reason it is the duty of a
producer to produce qualitative product.
In textile industry; quality is assured in different stage of production. From the raw
materials to the finished goods, quality is assured by the quality control department. Quality is
assured in fiber selection, yarn production, fabric manufacturing, wet processing and apparel
manufacturing. Also, quality is checked for dyestuff and chemicals which is used in dyeing,
printing and finishing. Most of the times, quality control department gives a quality pass
certificate before export.
TTQC lab is also set up in educational institute, research institute for teach the quality
evaluation system and research. It is also set in port to test the quality of the textile products.
Some TTQC lab is set up for commercial purpose. Some quality standardizing group also set up
TTQC lab for test the quality. In dyestuff market, TTQC lab is set up for ensure the quality of the
dyes and chemicals.
We keep all our products in different parts divided for different products separately. All
these are kept ensuring complete safety of each piece thereby minimizing the risk of damage. We
also provide custom packaging of clients’ orders as per their needs and specifications.
We offer individual and bulk packaging to our clients. We believe in providing our
clients with designer home furnishing items with combination of traditional and futuristic design
and with export quality packaging.
CHAPTER IV
SWOT ANALYSIS
STRENGTHS:
THREATS:
Competition in post-2005 is not just in exports, but is also likely within the
country due to cheaper imports of goods of higher quality at lower costs.
Standards such as SA-8000 or WARP have resulted in increased pressure on
companies for improvement of their working practices.
Alternative competitive advantages would continue to be a barrier.
CHAPTER V
SUGGESTIONS
CONCLUSION
In this organization study at IKON gave a lot to study and understand the mannerism of
putting theoretical frame work in to practice. The objectives of this study were acquiring
knowledge about the functional as well as managerial aspects and the origin and history of
the company. Through this organization study a practical experience in the different
organizational activities was made.
The organization study has helped to understand more about textile industry and the major
threat faced by the industry. It also helped me to understand the fact that textile and clothing
industry is the single most earners around 30% of gross export earnings for India holds the
second position in the world market in the field of yarn. This organization is absolutely
suitable for the climate of Ikon.
But the number of textile industry in south India declining day to day. It mainly due to the
non-availability of credit and lack of modernization in the field of production. The uncertain
risk behind the raw material that is cotton is one of the main threads of this industry. In
IKON the raw materials being brought from Andra Pradesh, Maharashtra Tamil nadu, Punjab
etc at the same time the finished goods are also transported outside the state which lead to the
high production cost.
If the industry is able to overcome these threats then it this sector would provide more job
opportunities in the industrial as well as agricultural sector.
BIBLIOGRAPHY
WEBSITE
www.google.com
www.scribed.com
www.wikipedia.com
www.cotton.com