cooperative management - final presentation

TAMIL NADU HANDLOOM WEAVERS COOPERATIVE SOCIETY

HELLO!We are

Sampad Acharya – UR15037Shashank Guwalani – UR15041

Swati Mohanty – UR15045Satyajit Chatterjee – UR15075

Tridib Mondal – UR15088

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1935 ESTD.

INR 1000 Cr. Annual Turnover

200+ Showrooms Across India

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OVERVIEW◈ Owned by Govt. of Tamil Nadu vide

Department of Handlooms, Handicrafts, Textiles and Khadi

◈ Headquartered in Egmore, Chennai◈ 1256 Primary Production Centers◈ 0.38 Million Looms

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“Makes it one of the largest handloom cooperative in India.

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OBJECTIVES◈ to raise the money required by issue of shares and by borrowings;

◈ to purchase either for cash or credit such raw material and appliances as may be required for the industry and sell the same either for cash or credit to the affiliated societies or to others;

◈ to grant advances to affiliated societies;

◈ to purchase and hold in common or let on hire improved appliances connected with the industry;

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OBJECTIVES

◈ to purchase or receive for sale the finished products of the affiliated societies or others with the approval of the Board and sell the same to the best advantage;

◈ to purchase and supply the requirements of its affiliated societies and others;

◈ to advice weavers societies in regard to the production of improved and easily marketable patterns and designs;

◈ to develop, assist and control the work of affiliated weavers Co-operative Societies.

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STRUCTURE OF THE COOPERATIVE

◈ Follows a Two-Tier Structure◈ Is a non agricultural Credit Society◈ No. of primary members estimated at 2 Lakh Weavers

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STRUCTURE – MEMBER COUNT

Number of Registered Primary Societies signing up has grown by 9% from 1998-99 to date.

919

91-9

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1993

-94

1995-

96

1997

-98

1999

-00

2001

-02

2003

-04

2005

-06

2007

-08

2009

-10

2011

-12

2013

-14

1650

1700

1750

1800

1850

1900

1950

2000

2050

Growth in Registered Primary Societies (CO-OPTEX)

ORGANIZATIONAL STRUCTURE

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SUCCESS STORIESCo-optex over the years has achieved substantial success not just as a marketing cooperative, but also as a society that is pro-producer

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GLOBAL PRESENCE OF CO-OPTEX STORES

HQ

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ONLINE STORE on COOPTEX WEBSITE

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PRESENCE ON E-COMMERCE PORTALS

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KEY REASONS FOR SUCCESS1.Counterpoint to the idea that handloom can survive as a luxury product

2.Started a design studio in collaboration with NIFD professionals to foster cross-learning with the weavers

3.Robust organizational staff ensured that market changes were duly addressed and adapted to. e.g.Increased outreach at college campuses

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“If your customers are all 60 year olds, then it is going to be hard to survive. You need to capture the imagination of the 30-somethings.

The aim is to keep the looms active.17

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THANKS!Any questions?