A REPORT ON INSTITUTIONAL TRAINING AT

TIRUPUR KNITWEARS (P) LTD

TIRUPUR

Submitted to BHARATHIAR UNIVERSITY, Coimbatore in partial fulfillment

of the requirements for the award of the degree of

BACHELOR OF BUSINESS ADMINISTRATION

Submitted by

R.YUVA PRAVEEN

(Reg.No.1825F1060)

Under the guidance of

Mrs. N.Yogambal, M.B.A.,

(Head, Department of Business Administration)

2020-2021

DEPARTMENT OF BUSINESS ADMINISTRATION

MAHARANI ARTS AND SCIENCE COLLEGE

(Affiliated to Bharathiar University, Coimbatore)

NANJIYAMPALAYAM

DHARAPURAM – 638657
CHAPTER TITLE PAGE NO
NO
Declaration

Certificate
Acknowledgement
Abstract

Objectives of the institutional training

I Introduction about the organization

1.1 Company profile

1.2 Department profile

1.3 Product profile

II Industry profile

Suggestions and Conclusion

Bibliography

CONTENTS
DECLARATIO
N
 DECLARATION

I R.YUVA PRAVEEN hereby declare that the institutional training report at

TIRUPUR KNITWEARS (P) LTD IN TIRUPUR, Submitted in Partial

Fulfillment of the requirement for the award of the DEGREE OF

BACHELOR OF BUSINESS ADMINISTRATION is a record of original

training work done by me under the supervision and guidance of Mrs.

N.YOGAMBAL, M.B.A., M.COM., HEAD, DEPARTMENT OF

BUSINESS ADMINISTRATION, MAHARANI ARTS AND SCIENCE

COLLEGE, DHARAPURAM and it has not formed the basis for the award

of any degree / diploma /Associate ship / fellowship or other similar title to any

candidate in any University.

Signature of the candidate

Place:
Date:
CERTIFICAT
E
 CERTIFICATE

This is to certify that the institutional training report at “TIRUPUR

KNITWEARS (P) LTD IN TIRUPUR” submitted to the Bharathiar

university, in partial fulfillment of the requirements for the award of the

DEGREE OF BACHELOR OF BUSINESS ADMINISTRATION is a

record of original training work done by Mr.R.YUVA PRAVEEN during the

period of his study in Maharani Arts and Science College, Dharapuram,

Bharathiar University, under my supervision and guidance and dissertation has

not formed the basis for the award of any Degree / Diploma / Associate ship /

fellowship or other similar title to any candidate of any university.

Viva- Voce Examination held on_____________

Guide signature Head of the Department

Internal Examiner External Examiner

ACKNOWLEDGEME
NT
 ACKNOWLEDGEMENT
First of all I think the almighty for having given me the peaceful life,
patience, mindset and good health to work hard and to achieve my goals in life.

At the outside I express my deep sense of gratitude to the

MANAGEMENT and Dr.S.TAMILSELVI M.COM., M.Phil., PGDCA.,
Ph.D., Principal of MAHARANI ARTS AND SCIENCE COLLEGE,
DHARAPURAM for given me the consent support to undertake this training
work.

I am deeply indebted to Mrs.N.YOGAMBAL M.B.A., M.COM.,

HEAD, DEPARTMENT OF BUSINESS ADMINISTRATION,
MAHARANI ARTS AND SCIENCE COLLEGE, DHARAPURAM for her
able and cordial directions.

I owe a high degree of gratitude to my respective faculty guide

Mrs.N.YOGAMBAL, M.B.A., who graciously spared much of her valuable
time and provide all possible help, encouragement, valuable suggestions and
guidance for the successful completion of the training work.

I am also grateful to Mr.Ravindar, Manager of Tirupur Knitwears, for

giving me his valuable assistants at every stage of my institutional training
work.

I wish to express my special thanks to all the workers who esteemed kind
co-operation without with this study could not have been carried out.
 I extent my sincere thanks to all my friends and my parents for their
continuous support to complete this training work successfully.

R.YUVA PRAVEEN

ABSTRACT
 ABSTRACT

I have undertaken the internship study at the Tirupur Knitwears

private limited, for the institutional training I was engaged as an
executive trainee under the Human Resource Department and had the
access to meet the employees of various departments for the
considerable time duration which helped me to gain a deep insight
about the type of work they do and study the function each
department in the organization.

This report is an endeavour to cover the overall organization

structure, departments, procedures and functions of the organization
and also covers industry profile and company profile with their
objective that the company has the report gives an inside view about
the managerial functions, operative functions towards the product and
employee of the organization.
Objectives of The Institutional Training:

 Facilitate the intern to practice the acquired skills.

 To develop the methods and modalities for actual practice of
management studies.
 To identify the effectiveness of performance appraisal system in
Tirupur Knitwears private limited.
 Identification of performance appraisal technique followed in
Tirupur Knitwears private limited.
 To provide suggestions & recommendations from the study
conducted.
CHAPTER-I
 CHAPTER - I
COMPANY PROFILE

1.1 Introduction

Tirupur is a city in the south indian state of tamil nadu, 47 km (29 miles)
from coimbatore. Tirupur is a major textile and knit wear hub. The textile
industry provides employment to over six lakh people and has an annual
turnover of 220 billion rupees.
Of this, nearly 120 billion rupees comes from exports. Tirupur is the “knitwear
capital” of india. It has spurred up the textile industry in india for the past three
decades. It contributes to a huge amount of foreign exchange in india. It caters
to 90 % of india’s knitwear export with more than 3000 garment stitching units
operational in the city. Not only this, the city has accounts of 700 dyeing
houses, above 4000 knitting machines consuming 15,000 tones of yarn monthly
providing occupation to more than 300,000 skilled workers. Some of the
world’s largest retailers including C&A, Switcher SA, Walmart, Primark,
Oviesse, Polo Ralph Lauren, Diesel, Tommy Hilfiger, M&S, FILA, H&M,
Reebok import textiles and clothing from Tirupur.
So if you are looking for quality manufacturing in bulk, this is a perfect place,
irrespective of the location you belong because it is well connected to pan india
and logistics is never a problem here, as it has been exporting knitwear
internationally.

Name DIN Designation Appointment

Date

MOORTHY 02171444 Director 3-1-2014

BALAJIPRABHU
BARATHY 02954100 Director 24-2-2014
SUGANTHI
DETAILS OF THE COMPANY:

Name : Tirupur Knitwears Exports Pvt Ltd

Address : 2/106-2,Avinashi-PalladamRoad,
PudhupalayamVillage,
Vanchipalayam,
Tirupur, Tamilnadu, India.
Contact no : +91 733 944 3434

E-mail Id : sales@tirupurknitwears.com

Owner :Mr. MOORTHY BALAJIPRABHU

No.of.workers : 5000

Logo and slogan :

ESTABLISHMENT:

We introduce ourselves as one of the leading knitted garment

manufacturers and exporters from tirupur, india. We currently supply
garments to buying houses, few retail brands, online portals, wholesalers &
more than 100 corporate clients across india with different types of apparel.
We are one of the most professionally driven garment manufacturing company
in tirupur and we have worked with all indian clients who are renowned
corporate groups and companies. We have a very clear approach of work; we
take corporate orders in bulk and deliver excellent quality of fabrics to make
our clients fully satisfied.From manufacturing, wholesaling, supplying, we have
redesigned ourselves to suit our customers demand effectively and efficiently.
Our designs are updated to the latest market needs; we make extensive
market steady before we finalize our designs. We at tkepl are ready to serve
our customers from anywhere in india.

Mission And Vision Statement:

Mission:

Our mission is to deliver cost effective manufacturing solutions for all types of
knit wears in gents, ladies and kids. We want to make our name renowned both
nationally & internationally for quality and commitment in garment
manufacturing industry. And in everything we do, we strive for honesty,
fairness and integrity.

Vision:

We have a vision to become one of the leading manufacturers and suppliers of

India known for best quality of fabrics and meticulous service deliveries.
Quality manufacturing and timely delivery is our USP and we want to retain it
even when company becomes the leading companies of the industry. We want
to be known as most ethically managed and driven company in India..

Organisation Chart:

Managing
director

Production Sales Finance store Information

Marketing
 t Department

Purchase Production Sales Marketing Information

Financier
Manager Manager Manager Manager Store HR System
Keeper Manager Department
Share Capital:

Tirupur Knitwears
Worker Worker
Exports
SalesmanPrivate LimitedCashier
Salesman is a Private incorporated on 03
January 2014. It is classified as Non-govt company and is registered at Registrar
of Companies, Chennai. Its authorized share capital is Rs. 2,650,000 and its
paid up capital is Rs. 2,615,850. It is inolved in Other retail trade of new goods
in specialized stores

Department Profile:

Department of organisation persues a problem oriented, business- in-

society approch to understanding organisations and organizational phenomene
at all levels. Our research and teaching focus upon organising process and their
outcomes from an interdisciplinery social- scientific perpective.

Various Departments of the company:

1. Purchase department
2. Production department
3. Sales department
4. Marketing department
5. Store department
6. Finance department
7. Human resource department
8. Information systems department

PURCHASE DEPARTMENT:

The purchasing department is similar to the sourcing department but the

main difference is that the sourcing department works for sourcing the fabrics
alone while the purchasing department works for sourcing the accessories and
trims. However, the working procedure is the same. The working is as follows.
 Then the purchasing department has to follow up with the supplier for
deliveries as and when the merchandiser asks for the new set of the materials for
that particular style and then the department also has to maintain the receipts
and also they have to maintain the documents of the inspections that are being
carried out for those materials.

Purchase is the important activity of every organization. A modern

purchase is exact buying based upon facts. The akshara enterprises procured the
raw material from various parts of india namely Andhra Pradesh, Tamilnadu,
Maharastra, Gujarat, Karnataka, etc.,Purchasing management is the
management of the purchasing process and related aspects in an organization. A
purchasing management department can be formed and operated by one or more
employees in order to ensure that all goods, supplies, an inventory needed for
the organization to operate are ordered and kept in stock, as well as control
inventory levels and costs associated with purchasing the items.

The purchase department serves the needs of internal customers by

procuring the goods and services they need in a timely manner.

PRODUCTION DEPARTMENT:

Production

The production department is

responsible for converting
inputs into outputs through the
stages of production processes.
The Production Manager is
responsible for making sure that
raw materials are provided and
made into finished goods
effectively. (the textile industry produces textile materials and cloth, while the
clothing industry produces ready-made clothing, clothing accessories and
underwear).

Layout design:

Every infrastructure requires having a layout. A layout is consisted

of the detailed plan of the structure being constructed or reconstructed. It
emphasizes the arrangements and proper positions of the basic elements of the
plan. A layout serves as a guideline for the builders as well as the owners of the
establishments to visualize the physical apperance of the infrastructure. A
layout also includes the proper allocations of space and equipment that will be
use within the production of the plan. It is a very important aspect within the
manufacturing cycle.

SALES DEPARTMENT:

Sales is the formulation of of sales strategy through development of

account management policies, sales force compensation policies, sales revenue
forecast, and sales plan.

This is main department of concern most probably the sellers are to intra-
sales, credit sales are also allowed to customers for a certain period.

Function of sales department:

The main function of a sales department is to effect sales. It is concerned

with the transfer of ownership of merchandize on terms satisfactory to both the
buyer and seller.

1. Market research:
 It means study of market, which includes forecasting, intelligence and
statistics. It is an important factor for the sale of product. Failure to do this
accurately may lead to the production of more goods that the market can absorb.
This may mean financial losses to the firm. It may also lead to under
production, the result of which are equally unpleasent.

2. Advertising for Sales:

Advertising is the publication of information regarding articles (products)

put up for sales and is a method to bring the producer into touch with customers.
This informs the customers about the product and the place from where they can
get it.

3. Sales:

All the activities of the Sales department are for selling to earn maximum
profit. For this purpose continuous search is made for profitable markets.
Various agencies are opened throughout the country and if possible in foreign
markets also.

4. Sales Correspondence:

Any incoming letter must be replied in a short time. The letter

should be tactful, simple in language, helpful and every customer must feel that
his enquiries are being considered. Quotations for the supply of products should
be sent to large number of customers and try to capture large markets. If the
promises cannot be kept with regard to delivery date or other matters, the
customers should be informed immediately and whenever practicable reasons
for the delay should be given.

5. Service:

Industry is rapidly adopting the principle that service is an

essential part of the sales itself. Manufacturers often find it essential to see that
their products are properly installed. This is not only a service to the customers
but also a protection against complaints and general dissatisfaction of the
customers. The manufacturers, therefore, maintain a staff of skilled engineers
and mechanics, who carry out tests at the customer works, give technical help
and advice and see that everything is functioning properly.

6. Packing:

Packing to be used for products depends upon the type of

product to be packed. With the help of good packing, the products can reach to
the customer in same form and quality as they were before dispatch. Good
packing also helps in advertising and attracts more number of customers.
Following are the few types of packing of industrial products :Paper wrapper,
Tin container, Cloth packing, Card Board Packets, Plywood Boxes, Plastic
packing’s and Wooden packing’s.

7. Warehouse:

These are the go-downs, for storing finished products after they are
packed in a systematic manner. These are built in such a way that materials can
be kept in them for a period till they are sold. For easy transportation, these are
generally situated near the factory main gate.

MARKETING DEPARTMENT:

Marketing is the most important parts of any business activity. Marketing

can be done without a marketing team, but you cannot expect to go too or
succeed by marketing on your own. Selling, pricing, providing advice to
customers in the area of logistics and materials handling and promoting the
product are the main “ doing” elements of marketing.
Functions:
 The agents helps the company to market their product in foreign
countries.
 They find the market through their agents.
 Sales are made based on the order received.
 Company gives their agent offers.
 The agent acts as a indirect sales representative.

FINANCE DEPARTMENT:

The part of an organization that manages its money. The business

function of a finance department typically include planning, organising,
auditing, accounting for and controlling its company’s finances. The finance
department also usually procedures the company’s financial statement’s. This
department can be considered the sole and core crux of a company’s growth and
development.

Financial Manager

Financial Managers are those who mainly deal with financial resources
and make a decision about financial matters. Every decision taken by financial
managers is concerning investing and financing.

Functions of Financial Manager

Finance works as a lifeblood for an organization, without finance, it is not

possible to run any business. Every business organization requires managing
and ensuring the effective use of funds and financial resources. But the question
is who will manage these funds. It is a financial manager’s responsibility to
manage funds (collection and proper use of funds). Basically, the functions of a
financial manager can be categorized into three main functions. These are:
 1.Capital structure decision, 2.Investing and Financing Decision, and
3.The decision about dividend policy.

HUMAN RESOURCE DEPARTMENT

SELECTION:

Selection is a process of picking individuals with requisite qualifications

and competence to fill jobs in the organisation. Different company apply
different method and procedure for selection. It basically depends on the
management policies and the size of operation.

Sources of recruitment:

Recruitment as the process of searching for and obtaining applicants for

jobs, from among whom the right people can be selected. Recriutment is the
process of finding qualified people and encouraging them to apply for work
with the firm. They are responsible for designing and implementing a
recruitment program that will meet the ten industries personnal needs
complying with all legal recruitments. This responsibilities includes finding
sources of applicants, writing and placing advertisements; contacting college;
agencies and labour unions; establishing procedures to guarantee equal
employeement opportunity; and administer in the finds the firm has budgeted
for recruitment.

INFORMATION SYSTEMS DEPARTMENT:

Software configuration:

Software configuration management is a set of activities that are designed

to control change by identifying the work products that are likely to change,
establishing relationships among them, defining mechanism for managing
different versions of these work products, controlling changes that are imposed,
and auditing and reporting on the changes that are made.
Hardware:

The work stations on the LAN can be either cleint machines are local
servers. They are connected a communications controler to the host, which acts
as an enterprise server. The hardware configuration corresponds roughly to the
structure of the business described above. The functions provided by the
enterprise server can be mapped to the functions provided by thehead office.
The functions provided locally by the LAN in each branch can be mapped to the
functions provided by the branch. Each work station on the LAN corresponds to
the workstation that an employee of the branch uses
CHAPTER-II

CHAPTER- II
 INDUSTRY PROFILE

TEXTILE INDUSTRY IN INDIA

The textile industry is the largest industry of modern India. It

accounts for over 20 percent of industrial production and is closely linked with
the agricultural and rural economy. It is the single largest employer in the
industrial sector employing about 38 million people. If employment in allied
sectors like ginning, agriculture, pressing, cotton trade, jute, etc. are added then
the total employment is estimated at 93 million. The net foreign exchange
earnings in this sector are one of the highest and, together with carpet and
handicrafts, account for over 37 percent of total export earnings at over US $ 10
billion. Textiles, alone, account for about 25 percent of India’s total forex
earnings.

History of Textile Industry

India has been well known for her textile goods since very
ancient times. The traditional textile industry of India was virtually decayed
during the colonial regime. However, the modern textile industry took birth in
India in the early nineteenth century when the first textile mill in the country
was established at fort gloster near Calcutta in 1818. The cotton textile industry,
however, made its real beginning in Bombay, in 1850s. The first cotton textile
mill of Bombay was established in 1854 by a Parsi cotton merchant then
engaged in overseas and internal trade. Indeed, the vast majority of the early
mills were the handwork of Parsi merchants engaged in yarn and cloth trade at
home and Chinese and African markets.The first cotton mill in Ahmedabad,
which was eventually to emerge as a rival centre to Bombay, was established in
1861. The spread of the textile industry to Ahmedabad was largely due to the
Gujarati trading class.

Sources and Types of Textiles

Textiles are made from many materials, with four main sources: animal (wool,
silk), plant (cotton, flax, jute, bamboo), mineral (asbestos, glass fibre), and
synthetic (nylon, polyester, acrylic, rayon). The first three are natural. In the
20th century, they were supplemented by artificial fibres made from petroleum.
Textiles are made in various strengths and degrees of durability, from the finest
microfiber made of strands thinner than one denier to the sturdiest canvas.
Textile manufacturing terminology has a wealth of descriptive terms, from light
gauze-like gossamer to heavy grosgrain cloth and beyond.

Blends (Blended textiles)

Fabric or yarn produced with a combination of two or more types of different

fibers, or yarns to obtain desired traits. Blending is possible at various stages of
textile manufacturing. Final composition is liable for the properties of the
resultant product. Natural and Synthetic fibers are blended to overcome
disadvantage of single fiber properties and to achieve better performance
characteristics and aesthetic effects such as devoré, heather effect, cross dyeing
and stripes pattern etc. A blend of cotton and polyester can produce more
durable and easy care clothing piece than a hundred percent cotton. Other than
sharing functional properties, blending makes the products more economical.
Fiber composition is an important criteria to analyze the behavior, properties
such as functional aspects and commercial classification of the merchandise.
The fiber composition in textile materials is termed as "fiber identification".

Technology Upgradation Fund Scheme (TUFS)

At present, the only scheme through which Government can

assist the industry is the Technology Upgradation Fund Scheme (TUFS) which
provides for reimbursing 5% interest on the loans/finance raised from
designated financial institutions for bench marked projects of modernization.
IDBI, SIDBI, IFCI have been designed as nodal agencies for large and medium
small scale industry and jute industry respectively. They have co-opted 148
leading commercial banks/cooperative banks and financial institutions like State
Finance Corporations and State Industrial Development Corporation etc.

Scheme for Integrated Textile Parks (SITP)

To provide the industry with world-class infrastructure facilities

for setting up their textile units, Government has launched the Scheme for
Integrated Textile Parks (SITP) by merging the Scheme for Apparel Parks for
Exports (APE) and Textile Centre Infrastructure Development Scheme
(TCIDS). This scheme is based on Public-Private Partnership (PPP) and
envisages engaging of a professional agency for project execution. The
Ministry of Textiles (MOT) would implement the Scheme through Special
Purpose Vehicles (SPVs).

National Textile Corporation Ltd (NTC)

National Textile Corporation Ltd. (NTC) is the single largest

Textile Central Public Sector Enterprise under Ministry of Textiles managing 52
Textile Mills through its 9 Subsidiary Companies spread all over India. The
headquarters of the Holding Company is at New Delhi. The strength of the
group is around 22000 employees. The annual turnover of the Company in the
year 2004-05 was approximately Rs.638 crores having capacity of 11 lakhs
Spindles, 1500 Looms producing 450 lakh Kgs of Yarn and 185 lakh Mtrs of
cloth annually.

Cotton Corporation Of India Ltd (CCI)

The Cotton Corporation of India Ltd (CCI), Mumbai, is a

profit-making Public Sector Undertaking under the Ministry of Textiles
engaged in commercial trading of cotton. The CCI also undertakes Minimum
Support Price Operation (MSP) on behalf of the Government of India.
GARMENT INDUSTRY
Indian garment industry has played a unique role in Indian
economy. The garment sector is the largest employer after agriculture and its
importance in India’s economy is recognized for its contribution to industrial
production and export earnings. Indian textile industry is a self-reliant industry,
from the production of raw materials to the delivery of finished products, with
substantial value-addition at each stage of processing; it contributes much to the
country's economy. The textile and apparel industry is one of the leading
segments of the Indian economy and the largest source of foreign exchange
earnings for India. India’s share of global exports of textiles and apparel
increased from 2.8 percent in 2008 to 6.3 percent in 2012.
Readymade garments industry is the harbinger of overall
development of the economy as it plays a pivotal role due to its contribution in
the industrial output, employment generation and foreign exchange earnings.
The industry accounts for approximately 4% to the GDP. The industry being
highly labor intensive provides direct employment to nearly thirty million
people and is the second highest employer in the country. Readymade garments
industry is one of the few industries of India which is self-reliant and complete
in the highest value added products-garments. Therefore, the growth and
development of this industry has a significant bearing on the overall
development of the economy. The Indian readymade garment has its roots going
back several thousand years.
Ministry of Textiles

Government of India passed the National Textile Policy in

2000. The major functions of the ministry of textiles are formulating policy and
coordination of man-made fiber, cotton, jute, silk, wool industries,
decentralization of power loom sector, promotion of exports, planning &
economic analysis, finance and promoting use of information technology. The
advisory boards for the ministry include All India Handlooms Board, All India
Handicrafts Board, All India Power looms Board, Advisory Committee under
Handlooms Reservation of Articles for Production and Co-ordination Council
of Textiles Research Association. There are several public sector units and
textile research associations across the country.

Structure of India’s Textile Industry

Unlike other major textile-producing countries, India’s textile

industry is comprised mostly of small-scale, nonintegrated spinning, weaving,
finishing, and apparel-making enterprises. This unique industry structure is
primarily a legacy of government policies that have promoted scale frims.:

Growth of Textile Industry

India has already completed more than 50 years of its

independence. The analysis of the growth pattern of different segment of the
industry during the last five decades of post independence era reveals that the
growth of the industry during the first two decades after the independence had
been gradual, though lower and growth had been considerably slower during
the third decade.
Import Licensing:

India has liberalized its Import regime for Textiles and apparel,
but some of the part is still limited for market access. Currently, there is no
import restriction for yarns & fabrics items. Apparel & Made-up textiles goods
require a Special Import License (SIL). Govt. revised Exim Policy on 31st
March 1999 by eliminating Import Licensing Requirements for 894 consumer
goods, agriculture products and textiles. On 28th December 1999 India and Us
signed an Agreement for the elimination of import restrictions of 1,429
agriculture, textiles, consumer goods and apparel. India removed restrictions on
715 tariff items as of 1st April 2000.
Custom Procedures:

Marking, Labeling, and Packaging Requirements: Marking,

Labeling, and Packaging Requirements for Textile products are technically
complex and difficult to implement. According to textile regulation passed on
22nd july 1998 by GOI, Yarns, and Fabrics to have the statutory markings and
these markings should not mislead the consumers. For instance, Cloths must be
remarked with the name & address of manufacturer, a description of cloth, sort
number, length in meters and width in centimeters, and washing instructions.
The Man made fiber cloth must indicate whether it is made by spun or filament
yarn. The month & year of packaging, the exact composition of cloth. The
Marking must appear on the face plait of each piece of cloth. The language for
marking must be in Hindi and English with international numerals.
Textile Trade & Export
Indian Textile industry is one of the major industries that plays vital role for
exports and foreign revenue.
 The share of Textile Industry to country’s total exports is 16.63%.India’s
contribution in global textiles and apparel market is 3.9% and 3 %
respectively.
  The major sectors for exports are: Readymade Garments, Cotton Textiles,
Textiles made from Man-Made fiber, Wool & Woolen Goods, Silk,
Handicrafts, Coir & Jute.
 Exports in 2004-05: US $ 14 billion.Exports in 2005-06: US $ 17 billion
and registered 22% growth.
 Textile exports is increased by 11.43 % in rupee terms.After the expiry of
Multi Fiber Agreement in 1st January 2005, The share of Indian Textiles
exports in imports of USA is increased from 4% to 5%.
 The share of Indian Textiles exports in imports of EU is increased from
6% to 7%.During 2005-06, India’s total apparel exports were 8.63 billion
US $.

Achievements
Following are the achievements of the government in the past
four years:I-ATUFS, a web-based claims monitoring and tracking mechanism
was launched on April 21, 2016.381 new block level clusters were sanctioned.
20 new textile parks were sanctionedEmployment increased to 8.62 million in
FY18 from 8.03 in FY15.
SWOT Analysis

Strengths:

 Indian Textile Industry is an Independent & Self-Reliant industry.

 Abundant Raw Material availability that helps industry to control costs
and reduces the lead-time across the operation.
 Availability of Low Cost and Skilled Manpower provides competitive
advantage to industry.
 Availability of large varieties of cotton fiber and has a fast growing
synthetic fiber industry.
 India has great advantage in Spinning Sector and has a presence in all
process of operation and value chain.
 India is one of the largest exporters of Yarn in international market and
contributes around 25% share of the global trade in Cotton Yarn.
 The Apparel Industry is one of largest foreign revenue contributor and
holds 12% of the country’s total export.
 Industry has large and diversified segments that provide wide variety of
products.

Weaknesses:

 Indian Textile Industry is highly Fragmented Industry.

 Industry is highly dependent on Cotton.
 Lower Productivity in various segments.
 There is Declining in Mill Segment.
 Unfavorable labor Laws.
 Lack of Trade Membership, which restrict to tap other potential market.
 Lacking to generate Economies of Scale.
  Higher Indirect Taxes, Power and Interest Rates.

Opportunities:

 Growth rate of Domestic Textile Industry is 6-8% per annum.

 Large, Potential Domestic and International Market.
 Product development and Diversification to cater global needs.
 Elimination of Quota Restriction leads to greater Market Development.
 Market is gradually shifting towards Branded Readymade Garment.
 Emerging Retail Industry and Malls provide huge opportunities for the
Apparel, Handicraft and other segments of the industry.
 Greater Investment and FDI opportunities are available.

Threats:

 Competition from other developing countries, especially China.

 Continuous Quality Improvement is need of the hour as there are
different demand patterns all over the world..
 Threat for Traditional Market for Powerloom and Handloom Products
and forcing them for product diversification.
 eographical Disadvantages.
 International labor and Environmental Laws.

SUGGESTIONS:

 More opportunities should be provided for expressing the ideas and

plans to implement the employees level of performance.
 The company should improve the infrastructure facilities.
 Company has to improve the different promotional activities through
effective media.
 Employees must be provided with the more health and safety measures.
  Provision of reasonable wages plays an important role in improving the
standard of living. This single factor is important for a worker than any
other. So, the company must provide adequate wages to the workers.

CONCLUSION:

From the study of this company I understood the functions and features of
the company. This company is improving their quality, goodwill, market value
and they are giving job opportunity so many people. They are the strength of the
company’s growth. In fact we can see that the company has modernized its
machineries and all and it’s the biggest industry in whole Tamil Nadu. With all
most modern facilities.

The institutional training at Smart Sprout Coir helped to have a good

knowledge about how a company operates and consequent focuses relating to
the business activities. In the short span of training the company management
provides me a good exposure to the working and management work out in the
detail run. It enhanced about plants production process in details. Which paved
way for rich experience in plant supervision it also provide with information
regards the exports financial and human resource activities and documentation
in the organization, which was new area entrance for me.

The training has helped to know the various delegations that is found in
the organization and response ability each delegates have the training has given
a deep sense of understanding how an organization takes efforts in bringing in
product as an effective one and how it can be good in competing with its
competitors.

The organizations growth decides their tireless effort in bringing it up.

The expansion and establishment of the organizations in various places and in
various forms denotes their financial efficiency and capabilities.
 BIBLIOGRAPHY

BOOKS REFERRED

Human Resource management by K.Aswathappa in the year

1997- Tata Mc.Graw hill publishing company limited, New Delhi.

ANNUAL TURNOVER

Annual turnover 15-20 crore

WEBSITES

www.tirupurknitwears.com