SHIVAM TEXTILE

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    Welcome

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    Summer Training Report

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    Anil Khunt Anil Khunt

    Sagar LukhiSagar Lukhi AnkitAnkit PadmaniPadmani Jagadish PaneliyaJagadish Paneliya

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    India Textile Industry is one of the leading textileindustries in the world

    India earns about 27% of its total foreign exchange

    Indian textile industry can be divided intoseveral segments

    Cotton Textiles Silk Textiles Woolen Textiles Readymade Garments Hand-crafted Textiles Jute and Coir through textile exports.

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    The Company was incorporated as a Private

    Limited Company in 2003 under the name of

    Shivam Textile Pvt. Ltd. It was engaged in

    processing of Polyester Yarn in grey.

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    The Company was established with 50 lacks capital by three

    partners M S Patel, M K Patel, K B Patel. The Companys

    current market capital is more than 8 Crore.

    The Company manufacturing various types of gray cloth like

    Lazer, 60gm P/P, 60gm c/c, Anty Rubbia, 2/2 rubia ht,

    Kimayu, High-Multi, Wet-less, Japan, D- china, Tora tora,

    Martina, Orient-800gm, Orient-700 gm, 30/30 Plan,

    Russian.

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    REGD. OFFICE

    AUDITORS

    BOARD OF DIRECTORS

    M S Patel - Director

    M K Patel - DirectorK B Patel - Director

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    CHAIRMAN & MANAGING DIRECTOR

    FINANCE MANAGER

    SUPERVISER

    WORKER

    SALES MANAGER PRODUCTION MANAGER

    CLERKSALES EXECUTIVE

    GENERAL MANAGER

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    How Company Recruits?

    Company use the method of recruitment for getting lowerlevel employee is present employees and from employeesreferrals. From the present employee and from their

    reference company get require employee for lower levelonly.

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    SELECTION PROCESS

    Preliminary interview Selection test Employment Interview Reference & Background Selection Decision Job offer

    HOW COMPANY SELECTS?

    In short, how company select the

    employee is very short process.First they ask some generalquestion and then check that it iscapable or know the work andthen check referral andbackground and give him job

    offer.

    They not follow formal methodbut indirectly it wasautomatically done.

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    Name of Machines Quantity Workers

    Looms 340 84

    TFO 9 6

    Winding 3 2

    Warping 2 4

    Pulti Machine 1 1

    Kandi Machine 3 4

    Boiler 1 2

    Computer 1 1

    Generator 1 -

    Drilling Machine 1 -

    HamryMachine 1 -

    Weight Machine 1 -

    Job Staff

    MANAGER 4

    SUPERVISER 4

    SALES EXECUTIVE 2

    CLERK 1

    ACCOUNTANT 1

    CLEANIER 4

    FOLDER 2

    TOTALSTAFF 122

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    Technical aspect

    Induction Training Company provide Induction Training to new employee for

    that he can settle fast and be productive and becomefamiliar to the organization and their work style and

    environment of work.

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    SHIVAM TEXTILE manufacture cloth

    with capacity of 6,12,000meters/month

    TEXURIZER

    In texurizer machine convert it intostring. Texurizer works on that liquid& convert it into normal string then

    after string should be warping on the

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    YARN

    In these step preparedNormal string texurizermachine these normal stringis warping on the Yarn sothese is called Yarn.

    Yarn means raw materials.

    which are used to prepare ofdifferent types of cloths.

    Yarn is also called as POY.

    Different type of yarn arename by denier also like70/68, 50/48,75/36,30/14,50/24,80/72.

    Yarn is known as in its name

    like Rotto, Bright.

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    WINDING

    MACHINE

    Winding is one type ofprocess of the making cloth.

    In this process, yarns are

    transfer to cops from yarncone by winding machine.

    Those types of machine aremade yarn to improve thestrength of yarn.

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    TFO

    TFO machine is uses formake clothes very strong &produce good quality.

    Twisting process mean to

    twist the yarn for making highstrength.

    In this process two types oftwisting. i.e. S type Z

    The T.P.M. means twist perminute. In this process all the

    cops are transfer in to rollsand after this processes oftwisting should becompleted.

    The size of this machine isbased on the Spindles like440 or more

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    BOILER

    In this process the rolls & yarnare get heating because byheating the twist should bekeep on the yarn for long time.

    So, after the twisting the

    boiling is necessary. Then afterwe can use that yarn for makingclothes.

    Boilers should be making bysize like for 500 Rolls, 1000 Rolls& etc.

    Now a days there are manytype of boilers are available inthe market, e.g.: Petroleumboilers, Gas Boilers, & ElectricBoilers. But all of them now aday Gas Boilers are very popularon the market.

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    WARPING

    MACHINE

    Warping machine useconverts the role in beam.

    Warping machine

    minimum contain 1300roles in it & weight of beamis 100k.g & timing ofwarping the string machine2 or 3 hours.

    In all machines of textiles

    this machine is biggest aswell as important also. Thesize of this machine isbased on the Grill like 500Rolls or more.

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    GRILL

    In this machine there aretwo main part like one isGrill on that we arrangemany rolls and another is

    rolling machine on that wecan make section thenafter we can rolling on thebeam.

    Rolled beams are very longlike 1700 to 2500 meters.

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    LOOMS

    MACHINE

    This is the last machine by that

    we can weave the cloth.

    So its make the vertical threads

    & the Kandy make horizontalthreads.

    The size of this machine is

    based on the wideness like 60to 72.

    We can also attach different

    type of machinery for making

    different patterns & designs

    such as Jecard, Dobby, water

    Jet,Air jet,Automatic Shuttle

    Looms etc.

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    WATER

    JET

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    AIR JET

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    CLEANING

    &

    FOLDING

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    Name of Machines Quantity

    Looms 340

    TFO 9

    inding 3

    arping 2

    Pulti Machine 1

    Kandi Machine 3

    Boiler 1

    Computer 1

    Generator 1

    Drilling Machine 1

    Hamry Machine 1

    eight Machine 1

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    There are various types of product like:

    Lazer 60gm P/P 60gm c/c Orient-800gm

    Orient-700 gm Anty rubia Kimayu 2/2 rubia ht French crap High-Multi 70/68 D- china 30/30 Premium 30/30 Plain Tora tora Matina Russian Devisilk

    Indicate in BoldC

    ompany currently producing.

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    PRODUCTION PROCESS CHART

    YARN

    WIDDING MACHINE

    TFO

    BOILER

    WRAPPING MACHINE KANDI

    THREADING

    LOOMS MACHINE

    CLEANING & FOLDING

    CHECKING & DISPATCH

    GODOWN

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    Pipe lines for material (water , gas )LorryTrolley

    Patching machinePlastic BoxesFork lift Truck

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    GROUND FLOOR 1ST FLOOR

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    2ND FLOOR 3RD FLOOR

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    Cash

    RawMaterial

    Work In

    Progress

    FinishedGoods

    AccountReceivables

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    Cash Bank & Partners

    Raw Material yarn

    Work In Progress Expense

    FinishedGoods Grey

    Account Receivables Customer

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    Banks PANCHSHEELMERC. BANK SHRAMDEEP URBANCO. OP. ORE.

    AUDITORS

    (CA)

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    EXPENSE AMOUNT INCOME AMOUNT

    OPENING STOCK 3612501 SALES 83403468

    PURCHASE 54084696

    TRADING EXPENSE 28494711

    LABOUR EXP. 9285924

    LIGHT BILL EXP. 2784807

    TESTING EXP. 11775

    TWISTING LABOUR EXP. 2716605

    WEAVING LABOUR EXP. 13695600

    CLOSING STOCK 6497610

    GROSS PROFIT 3709170

    TOTAL 89901078 TOTAL 89901078

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    EXPENSE AMOUNT INCOME AMOUNT

    GROSS PROFIT 3709170

    EXPENSE 2753898 PROFIT & LOSS INCOME 161394

    ACCOUNT FEES 46500 BANK INTEREST 2181

    AUDIT FEES 18000 DIVIDAND 6816

    BANK CHARGES 3981 F.D. INCOME 2466

    BANK O.D. INTEREST 35640 N.S.C INTEREST 3099

    CONSULTING FEES 15000 SUBSIDY 146832

    CONVEYANCE 82317

    DEPRICIATIN 322566

    ELECTRIC 3660

    GAS 66051

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    INSURANCE 30393

    LOAN INTEREST 110139

    MACHINERY REPARING 50358

    MACHINERY RENT 342000

    MOBILE BILL 18780PETROL 50270

    PROFESSIONAL TAX 3750

    SALARY 720000

    STATIONERY & PRINTING 11010

    SUPERVISOR'S SALARY 720000

    VATAV KASAR A/C 88255

    VEHICAL REPARING 15228

    NET PROFIT A/C 1116666

    TOTAL 3870564 TOTAL 3870564

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    LIABITIES AMOUNT ASSETS AMOUNT

    SHARE CAPITAL 4007624.07 FIXED ASSETS 2019522

    M S PATEL 4007624.07 KALATHIYA IND. ESTATE 476949

    MACHINERY 1527573

    SECURED LOANS 168852 MOBILE 15000

    PANCHSHEEL MERC. BANK 150588

    SHRAMDEEP URBAN CO. OP. ORE. 18264 INVESTMENTS 433956

    N.S.C INVESTMENTS 41061

    UNSECURED LOANS 2367000 RELIANCE LIFE INSURANCE 225000

    BHAVESHBHAI MEGHJIBHAI 57000 SHRMDEEP URBAN [F.D. A/C ] 26517

    JASUBEN MAGANBHAI 58500 SHRMDEEP URBAN [SAVING A/C ] 44628

    KALPESHBHAI BABUBHAI 58500 SHRMDEEP URBAN [SHARE A/C ] 45000BABUBHAI SAVAJIBHAI 882000 THE PUNCHSHEEL MERC. BANK 51750

    NARENDRABHAI DEVJIBHAI 57000

    RASIKBHAI BABUBHAI 57000 SUNDRY DEBTOR 2449767

    SAVJIBHAI 897000 DEV SYENTHETICS 1542426

    VINUBHAI SAVJIBHAI 300000 DEV TEXTILE 957153

    SHREE PERTH FEBRICS -49812

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    CURRENT LIABILITIES 32112

    T.D.S. A/C. 32112 BANK ACCOUNT 517678.5

    THE PUNCHSHEEL MERC.[SB] 3234

    SUNDRY CREDITOR 814434 THE PUNCHSHEEL MERC.[OD] 514444.5

    BRAHMANI TWISTING 58590

    JINDAL FILAMENTS PVT. LTD 43194 CASH ACCOUNT 53640.57

    PARTH TEXTILES 211776

    SAI RAM TEXTILES 208782 DEPOSITE 62055

    SHREE RAM TEXTILES 292092 G.E.B. DEPOSIT 56055

    L.P.G. DEPOSIT 6000

    PROVISIONS 4644210

    AUDIT FEES PAYABLE 18000

    LABOUR EXP. PAYABLE 4060575 CLOSING STOCK 6497613LIGHT BILL EXP. PAYABLE 273135

    M. R. BARVALIA 52500

    SALARY PAYABLE 120000

    SUPERVISOR'S SALARY PAYABLE 120000

    TOTAL 12034232.07 TOTAL 12034232.07

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    Current Ratio = Current assets / Current Liability

    Current assets = Inventories + Sundry Deb. + Cash & Bank Balance Other Current Ass.

    Current Liabilities = Liabilities + Provisions

    = 9952655.07 / 5490756

    Current Ratio = 1.81 : 1

    Quick Ratio = Quick assets / Quick LiabilitiesQuick Assets = Current assets Stock

    Quick Liability = Current liabilities Bank over Draft

    = 3013086.07 / 5490756

    Quick Ratio = 0.54 : 1

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    Gross profit ratio = Gross profit / Net sales 100

    = 3709170 / 83403468 100

    Gross profit ratio = 4.44 %

    Net profit Ratio = Net profit after tax / Net sales 100= 1112916 / 83403468 100

    Net profit Ratio = 1.33 %

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    Inventory / Stock Turnover Ratio = Cost ofGoods sold / Average InventoryCost ofGoods sold = 79694298

    Average Inventory = 5055055.5

    = 15.76

    Row material Turn Over Ratio = Row material consume / Avg.stock of row materi.

    = 10.12

    Avg.stock of row material = 5055055.5

    Average row m. holding period = 36.5 days

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    Debtors Turn Over Ratio = Net Sales / Avg.Account Receivable= 34.04546963

    Average Collection Period = 365 days / Debtors Turn over Rat= 10 days

    Creditors Turn Over Ratio = Net Purchase /Avg.Account Payable= 66.41

    Average Payable Period = 365 days / Creditor Turn over Ratio= 6 days

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    MARKET :-

    The common usage of market means a place where goods are bought orsold. In its strict meaning market need not necessarily mean a place of

    exchange.

    MARKETING :-

    Marketing is the process of discovering and translating consumer needs

    and wants into product and service specifications, creating demand forthese products and services and then in turn expanding this demand.

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    In the field of marketing channel of distribution indicate routes orpathways through which goods & services flow, or move from productsto consumers.

    Distribution is a function to distribute or sub-divide the producers goodson a geographical basis to various specific markets.

    DIRECT: -

    In the direct or short channel, the company sells the products to

    consumers directly. There are no intermediaries.

    INDIRECT: -

    Indirect channel or long channel, the company uses intermediaries tocanalize its product to the consumers.

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    Manufacture

    Broker

    Customer

    Manufacture

    Customer

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    Production & Marketing department are important departments in theorganization. If the organization wants to sell its product then they willhave to make the other persons to know their product & for that purposethey will have to do marketing.

    SHIVAMTEXTILE PVT. LTD. first do marketing according to the customersrequirements, they start production. If those customers are satisfied thenthey will recommend this product to others. Thus it is a continuousprocess.

    In short, modern marketing begins with the customers, not with theproduction cost, sales, technological land marks & it ends with thecustomer satisfaction & social well-being. Under the market-driveneconomy buyer or customer is the boss.