laxmi mills

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PRESENTATION

FOR

LAXMI MILLS

`Submitted in Partial Fulfillment for the Award of the Diploma of

PGDM

(Session 2011-13)

Submitted By:

NISHANT RAJ

Submitted To:- Roll No:-PGD11060

Mr.H.N.SingH PGDM 2011-2013(B)

INSTITUTE OF MANAGEMENT STUDIES, NOIDA

A UGC Recognized Institute

A-8B, PlotC, Sector-62, Noida

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1 .) Prior to the manufacturing process,textiles were produced in the

home, and excess sold for extra money .

2 .) Most cloth was made from either wool ,cotton, or flax depending

upon the era and location .3 .) By the end of 16th century,cotton was cultivated throughout the

warmer region in asia & the america.

4 .) In roman times ,wool ,linnen, and leather clothed the european

population.

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5 .) cloth was produced in the home and the excess woven cloth was

sold to Merchants called clothiers.

6 .) Some of the cloth was made into clothes for people living in the

same area and a large amount of cloth was exported.

The process of making cloth depends slightly

on the fibre being used , but there are three main steps :--

PREPARATION OF FIBERS FOR SPINNING.

SPINNING.

WEAVING OR KNITTING.

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1. Lakshmi mill was established in the year 1910 by the visionary and

pioneer late g kuppuswamy naidu.

2. The lakshmi mill has contributed to the development of the industry

in general in tamil naidu and in particular in coimbatore district by

promoting self reliance , research, import.

3. The Company celebrated its Golden Jubilee, Diamond Jubilee and

Platinum Jubilee and is now working through the centenary year.

4. Lakshmi Mills Company is a major textile yarn and cloth

manufacturer in Coimbatore, India. The company was established

by G.Kuppuswamy Naidu in 1910.

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5. It has three composite textile units in Coimbatore, Palladam

and Kovilpatti.

6. The unit in Coimbatore in Papanaickenpalayam is also a well

known landmark.

7. The promoters of the mill were also instrumental in starting

various textile machinery companies notably LMW andeducational institutions.

8. The Company has the following 2 Units to manufacture 100%

Cotton Yarns, Blended Yarns and Yarns produced out of specialfibers like Modal, X-Static, Tence

Unit Spindles:--

Palladam 66432.

Kovilpatti 62,928.12/16/2012 5


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With an increase in per capita consumption from 19 metres to 3

metres, the domestic market of lakshmi mills potential would be US

$40 billion.

With a 6 percent share in global textile trade, exports would comprise

the remaining US $40 billion.

Nearly 60 per cent of the exports would comprise garments.

Continue to pursue reforms in the power sector at a faster pace.

Re-orient TUFS scheme to provide targeted subsidy for the processing

and weaving sectors.

Better trade relations.12/16/2012 6


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The mission of company is to achieve a greater standard in the market.

Like all other textile industries ,it wants to spread on the overall

market.

It focuses on the fact that:--

"Our Company's foundation is built on our Values,

which distinguish us and guide our actions. We conduct our business in

a socially responsible and ethical...

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1.) Code of conduct for BOARD OF DIRECTORS :=>

Directors shall :

-- Adopt highest standards of personal and professional integrity and

ethical conduct.

-- Act diligently, openly, honestly and in good faith.

-- Provide leadership in advancing the companys vision, values andguiding principles.

-- Attend and actively participate in regular and special meetings of

Board and Committees on which they serve.12/16/2012 8


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-- Maintain the confidentiality of all the details about the company.

-- Understand the Companys principal business plans, strategies and

objectives, operational results, financial condition and relative market

place position.

-- Disclose relationship with other business, charitable, conflicts ofinterest.

-- Disclose shareholding in the Company and the changes thereof

immediately.

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2.) Code of conduct for SENIOR LEVEL EXECUTIVES :

EXECUTIVE SHALL:

-- Abide by the ethical business conduct, uphold the standard in day to

day activities, and comply with all applicable laws, rules and regulations.

-- Follow highest standards of personal and professional integrity,

honesty and ethical conduct.

-- Avoid any conflict of interest with the Companys business policies /

regulations.

-- Obtain approval from the Company before accepting any

Directorship from other Companies.

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(1.) Sri S. Pathy

( Chairman & Managing Director)

(2.) (Board of Directors)

Sri S. Pathy

(3.) (Chairman & Managing Director)

Sri.R.Santharam

(4.) (Vice Chairman)Sri V.Jagannathan

Sri D.Rajendran

Sri Satish Ajmera

Sri V.S.Velayutham

Sri.Sanjay Jayavarthanavelu

SRI S. PATHY

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It mainly offer or manufacture three types of product with respect to

textile:

1. PRODUCT GARMENT.

2.PRODUCTY FABRICS.

3. PRODUCT YARN.

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PRODUCT GARMENTS

Fashion has a new name: Tyche Life

Tyche Life is an exciting, new casual wear brand for men, women and

children, made from super-soft Modal from Lenzing, Austria.

Origin

Tyche is named after the Greek Goddess for prosperity and fortune. It is

Youthful and Classy Lifestyle brand, targets the SEC A and B category.

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The Company sells Grey and Processed Fabrics for Export as well as forLocal Market by outsourcing under the brand Lakshmi.

INDIAN SOIL SHIRTS:

Indian Soil Ready Made formal Shirts made out of 100% Cotton in

Bleached and in excellent pastel colors .

The Company is in the process of marketing X-Static/Cotton fabrics for

hospital .

It has many more example of fabrics related goods..

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1. Micro Tencel yarn, Tencel/Cotton Blended yarn in counts NE 30s to

100s and X-Static Yarns in counts NE 20s to 40s.

2. The range includes Single and Doubled yarns for knitting andweaving both for domestic and export markets.

3. Polyester Cotton Blended Yarns both Combed and Karded in NE 45s

to 80s for Weaving and Knitting.

4. The Company sells its yarns to Customers at SEZ, Garment

Exporters, Bhiwandi, Ahmedabad, Kolkata , Weavers in Tamil Nadu /

Andhra Pradesh.12/16/2012 15


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LAKSHMI MILL is a regularly growing textile industry.Its growth can be

represented as :

Mar '11 Mar '10 Mar '09 Mar '08 Mar '07

12 mths 12 mths 12 mths 12 mths 12 mths

Sales Turnover 174.49 136.79 106.58 103.54 146.17

Excise Duty 0.04 0.02 0.02 0.22 0.72

Net Sales 174.45 136.77 106.56 103.32 145.45

Other Income 5.48 5.08 5.28 6.09 13.16

Stock Adjustments9.43 0.01 -3.51 -7.35 6.52

Total Income 189.36 141.86 108.33 102.06 165.13Expenditure

Raw Materials 104.25 70.1 53.78 49.04 75.97

Power & Fuel Cost28.03 22.35 15.19 15.56 23.9

Employee Cost 20.70 18.45 18.45 19.33 24.75

Other expenses 0.00 3.05 1.79 2.73 5.8312/16/2012 16


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STRATEGIC BUSINESS UNIT

1

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** The private sector can now operate in all areas except those of

strategic concern such as defence, railway transport and atomic energy.

** Private participation is permitted in some specific areas in this list as

well, such as mining; oil exploration, refining and marketing; and parts

of the railway transport sectors.

** Of the total FDI approvals, 80% are in the priority sectors such as

power, oil refineries, electronics and electrical equipment, chemicals,

telecommunications, food processing etc.

** In the initial stages of the country's development, growth of industry

was regulated through the granting of industrial licenses and other

industrial approvals.

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SWOT

STRENGHTH WEAKNESS

OPPORTUNITIESTHREATS

S W O T

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STRENGTH

1. India has rich resources of raw materials of textile industry.

2. India is rich in highly trained manpower. The country has a

huge advantage due to lower wage rates.

3. India is highly competitive in spinning sector and haspresence in almost all processes of the value chain

4. It comprises suppliers of ready-made garments for both,

domestic or export markets.

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1. Indian textile industry lakshmi mill is highly fragmented in

industry structure, and is led by small scale companies. Hence

they lose in productivity.

2. Indian labour laws are relatively unfavorable to the trades and

there is an urgent need for labour reforms in India.

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OPPORTUNITY

High value of raw products for down stream industries.

Huge potential to increase the productivity of garments.

Technology up gradation, new advanced technology

available for the manufacture of cloths.

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THREATS

Garment sector is vulnerable to political interest.

Unhealthy competition between members of the

society

Increasing of the competition due to various same

product company.

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Raymond mills.

Fobes industries.

Arvind mills.

Bombay dying.

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It is a profit making company which is basically based on

the fact that improve the no. of volume to make profit.

It is very adaptive in nature.

By overseeing the whole survey of company ,there will be

nothing wrong to say that it satisfy the customer with

companies profit.

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1. Considering their competitor..

2. Satisfied their customer welly.

3. Should make a plan which will be suited for all types of customers,either for middle class or for higher classes.

4. Should available their product for considering geometrical

location of the customer.

5. Should improve their quality of fibers as per previous quality

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.. THE WHOLE REPORT IS TAKEN FROM THE DATA GIVEN BY LAKSHMIMILLS..IT IS REFRENCED FROM MANY PLACES

LIKE INTERNET .

ITS WEBSITE.

FROM MAGZINE.

FROM DAILY NEWSPAPER.

BY CONSIDERING END TERMS RESULT.

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Some sources are like :

www.google.com

www.yahoo.com www.lakshmimills.com

www.searchengine.com

www.wikipedia.com

** From the entire study of lakshmi mills,IT SHOULD BE

ASSUMED AS A PROFIT MAKING INDUSTRY AND REGULARLY

GROWING INDUSTRY **

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http://www.google.com/http://www.google.com/http://www.yahoo.com/http://www.yahoo.com/http://www.lakshmimills.com/http://www.lakshmimills.com/http://www.searchengine.com/http://www.searchengine.com/http://www.wikipedia.com/http://www.wikipedia.com/http://www.searchengine.com/http://www.searchengine.com/http://www.searchengine.com/http://www.lakshmimills.com/http://www.lakshmimills.com/http://www.lakshmimills.com/http://www.yahoo.com/http://www.yahoo.com/http://www.yahoo.com/http://www.google.com/http://www.google.com/http://www.google.com/


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