Beruflich Dokumente
Kultur Dokumente
Our Banker:-
State Bank of India
Branch: - Sadar Bazar, Sendhwa
Tele no. 07281-224015, 07566205459
Operating Information
B. Location
The project is being set up at Gut No.183, Village Georai, Taluka Georai,
District Beed, Maharashtra, which is well connected by road Solapur,
Hyderabad. The site is about 110 kms away from Aurangabad city. The factory
site is situated at industrial area of Georai, which is also known for its cotton
cultivation. All basic facilities of electricity, water, sewage etc. are available at
the location. It enjoys proximity to source of raw material, easy availability of
cheap and efficient labor and efficient transportation facilities for marketing of
goods.
Product
The company proposes to manufacture lint from ginning of raw cotton or kapas
than produce bales by pressing the ginned cotton and the cottonseed from the
ginned cotton will be sold to oil extraction units.
Process technology
The processing of raw cotton involves separation of cottonseed and cotton. The
ginning operation involves separation of cellulose fibre from raw cottonseed.
The separated loose lint cotton is subsequently pressed by pressing unit and
converted to fully pressed cotton bales. Raw cotton or Kapas is suck by
machine and through conveyor belt the kapas is fed to DR machine for ginning.
The lint and cottonseed are separated. After this process the lint is fed to the
hydraulic press for making of bales. Bales are packed by narrow plastic sheet.
Raw materials
The raw material is raw cotton or kapas. After going through various processes
during the season, there is huge arrival of Kapas at the Marketing Yard of
Agricultural Produce Marketing Committee, Georai (APMC) and other nearby
areas are Sillod, Beed etc. Adjoining Districts of Akola, Jalna, Jalgaon, Nemad
are famous for the cotton cultivation and it is convenient, easy and cost
effective to source raw materials all around the season. Raw material will also
be easily and sufficiently available from the nearby villages. If required, the
firm would also source kapas from Madhya Pradesh and other parts of the
country. Since Maharashtra is having the largest cotton producing area in the
whole of India, the raw material supply may be considered as adequate.
Packaging Material
Cotton bales are required to be stored in a safe place to avoid any mishaps. The
storage of the cotton bales will be done on Bales Platform or locally called
Otta. They will be packed with the use of the packing materials of narrow
plastic sheet to avoid any damage or loss during transportation. The capacity of
the Bales Bucket is one bale per three minutes. This will ensure safe and
speedy movement and loading of cotton bales on bales bagging and weighing
machine.
Utilities
Power
Power requirement for the proposed unit has been estimated at 11 KW.
The company has already received sanction letter no.
SE/BD/TS/HT/LS/5970 from Maharashtra State Electricity Board for
HT Connection for connected load of 260 KV/A (KW) of express feeder
type.
Note: v = i * r
r=v/i
v = Voltage in Volt (V)
i = Current in Ampere (A)
r = Resistance in Watt (W)
KW = KV/A
Water
The water requirement of the plant estimated at 6000 liters per day will
be drawn from the borewell, Overhead water tanks and water-well
proposed at the project site.
Compressed Oil
The requirement of oil pressure is estimated at 50 hp which will be met
by oil compressor with a capacity of 50 hp. Pressing machine require
hydraulic power to press the bales. The oil consumption during the
whole production period on an average is 7 barrel (1 barrel = 210 liters).
Man Power
The manpower requirement is estimated at about 65 comprising 12
skilled (Press fitter, Press master, Gin fitter, electrician) workers and 25
unskilled workers (per shift) and 3 supervisory personnel. No difficulty
is envisaged in meeting the required manpower.
Effluents
The project does not generate any harmful effluents. However, the
company would need to obtain clearance from Maharashtra Pollution
Control Board. A stipulation is being made in this regard.
-
- Breakup of domestic and export revenues for previous
three years
- No export revenue all revenues from domestic only
A. Market Potential
Cotton bales and cotton yarn are major raw material for textile industries in
the world. Cotton yarn is manufactured by processing cotton fiber. India
produces yarn of wide range of counts (a measure of linear density), which
varies from 2 to 120, mainly dominated by cotton made yarn. Spun yarns
are used worldwide in a wide range of textiles, apparel and other
manufactured products. With a total output of 28 million tons, spun yarns
satisfy more than half the needs of the global textile and clothing industry.
The spun yarn market is growing steadily. Between 2000 and 2010 the
demand for spun yarns worldwide is forecast to rise by almost 25%. Growth
will not be evenly spread. Spinning capacity is increasingly shifting towards
developing economies as investors install new machinery in lower cost
regions. Asian countries in particular stand to benefit the most in the
medium term. In developed and newly industrialized countries, spinners are
highly vulnerable to growing imports of "downstream" textiles and apparel.
Spinners also face growing competition from filament yarns and non-
woven.
Small Decline in World Cotton Production Projected in 2008-09
During 2008-09, world cotton production is expected to decline by 3% to
25.5 million tones. A major drop in production is forecast in the United
States and smaller declines are expected in China (Mainland), Brazil, Egypt,
Turkey and Central Asia. Production increases are projected in India,
Australia, the African Franc Zone and Pakistan. Global cotton mill use is
expected to decline by 1% in 2008/09 to 26.6 million tons, due to projected
slower global economic expansion and higher prices of cotton relative to
polyester. World imports are expected to increase by 5% to 8.8 million tons,
driven by larger Chinese imports. World cotton stocks are forecast to
decrease by more than one million tons to 11.0 million tons in 2008-09. The
largest decline in stocks is expected to occur in the United States, where
considerable supplies that accumulated during the previous two seasons will
fuel exports.
Major players in textile are China, India, Pakistan, USA, Turkey, Japan,
Indonesia, Brazil, Egypt, Taiwan, Hong Kong, Israel, European Union and
Mauritius. The Textile and Clothing Industry is the largest and prominent
sector in Indian economy in terms of manufacturing, foreign exchange
earnings and employment generation. In 2005, spun yarn market size was
around Rs.35000 crore with total production of 3100 million kgs. The
market share in terms of value was cotton yarn - 69%, blended (cotton and
non cotton fiber) yarn - 19% market share. The total share of cotton and
cotton-blended yarn was 88%. The market share of 100% non-cotton yarn
market was just 12%. In 2005, cotton yarn was one of the largest
commodities exported with around 450 million kg with of about Rs.6000
crore. India is also biggest yarn exporter in world with market share of 17%.
India mainly exports to China, Korea Republic, Bangladesh, Egypt, Taiwan,
Hong Kong, Turkey, Japan, Israel, European Union and Mauritius. As per
latest report the country is estimated to have produced around 350 lakh
bales of cotton. Domestic consumption is expected to remain at 225 bales,
thereby leading to surplus of almost 125 lakh bales within the country.
The cotton cultivation in Maharashtra was 28.89 lakh hectares and 31.91
lakh hectares for 2005-06 and 2006-07 respectively. The total bales
production in Maharashtra was 46 lakh bales, 50 lakh bales and 62 lakh
bales year 2005-06 2006-07 and 2007-08 respectively. Maharashtra stands
first in the cultivation of cotton crop. Cotton is cultivated in many parts of
the state. Jalgaon is one of the leading cotton cultivating districts of
Maharashtra. Some of the cotton cultivating districts of Maharashtra are
Jalgaon, Buldhana, Aurangabad, Dhule, Yavatmal, Nanded, Nagpur,
Amravati, etc. There are many cotton ginning and pressing factories,
spinning mills, oil mills, solvent extraction plant, etc.
B. Government Policy
Government is operating the Minimum Support Price (MSP) Scheme
through the Cotton Corporation of India Ltd. (CCI) to ensure a minimum
return to the farmer. To stabilize the long-term cotton production in the
country and to help the farmers, while balancing the interests of textiles
industry, the MSP for cotton season of 2008-09 has been raised sustainably.
The MSP of medium staple cotton of length group 24.5 mm to 25.5 mm,
has been raised by 39% to Rs. 2,500 per quintal, compared Rs. 1,750 to
1,800 per quintal in 2007-08. The MSP for long staple variety of length
group 29.5 mm to 30.5 mm has been raised to Rs. 3,000 per quintal in the
cotton season of 2008-09 from Rs. 2,250 per quintal in the cotton season of
2007-08. Ministry of Textile has indicated that the higher export of raw
cotton had an impact on the cotton prices, which shot up to historic highs in
the current cotton season. Since October-end 2007 till July 2008, the cotton
prices had been higher by around 20% to 40% compared to last year. The
opening cotton prices during the fiscal 2007-08 had been higher by around
4% to 17% as compared to previous year. This was affecting the viability of
textiles mills, and on the persistent demand of the Industry the Government
abolished import duty of 14.7%, and drawback benefits on raw cotton w.e.f.
July 8, 2008. This has helped to stabilize the prices.
Government gave a renewed impetus to the implementation of the
Technology Up gradation Fund Scheme (TUFS) and on the persistent
demand of the industry and has extended it up to March 31, 2012. During
its initial years, the progress of the scheme was moderate and it gained
momentum from 2004-05 onwards. From its inception till March 31, 2008,
18,773 applications have been sanctioned at an estimated project cost of
Rs.1, 22,087 crore. During 2007-08, Rs.43, 700 crore was disbursed,
registering a growth of 16.46% on year-to-year basis. Naman proposes to
avail Subsidy under TUFS, Ministry of Textiles, Govt. of India, for new
project of cotton ginning and pressing unit for the re-imbursement of 5%
interest of the normal interest charged by the lending agency on RTL.
C. Selling Arrangement
LINT COTTON (COTTON BALES)
The cotton bales produced will be sold to the textile industries in North
India, Exporters & South India, Gujarat, Punjab and Delhi etc. The cotton
bales market is an open trade market. In general practice, the sample of
cotton bales is sent to textile mill, which after taking necessary quality
testing the rates are fixed and orders for the stipulated quantities are placed.
If the producers maintain good quality production, they will get the regular
supply orders from textile industries. Promoters are well aware of the
market of cotton bales. The cotton bales produced will be sold to the textile
industries in North India, exporters South India, South Gujarat, Punjab, etc.
The firm will not face much competition as they are already in the cotton
and textile industries since decades and they are further developing contact
with the textile industries; cotton bales agents, suppliers, brokers,
merchants, traders, etc. Because of the past experience of partners, firm can
encash their relation and partners are regularly approaching to new
customers. Girija Shankar Cotton Pvt. Ltd. Group has healthy relation with
North spinning mills, Exporters & south spinning mills and group have
widespread network in many states.
COTTONSEED
Cottonseed is mainly used for oil mill unit and as cattle feed. The firm
proposes to sell the product of cottonseed to the local oil mills and
surrounding areas. The partners have good contacts and relationship with
the oil manufacturers and the selling of cottonseed will not pose any
difficulties.
The cottonseed oil will be sold to the solvent extractors, traders, agents, etc. across
the country.
- Top 10 clients in Trading for last 3 years (FY08, FY09 and FY10)
- Top 10 clients in Ginning business last 3 years (FY08, FY09 and FY10)
Rate of Sanction
Bank Facility
Interest Amount
- Outstanding debt and the repayment schedule along with the interest
rates
B Rate Sanctio
Outstanding as Outstanding as Repaym
a of n
on Previous Fin. on Previous ent
n Intere Amoun
Year End Quarter End Schedule
k st t
- Bank wise exposure (if any) towards forex derivatives and MTM position
- A confirmation, signed on the letter head of the company, that there
has been no delay or default in payment of interest or principal on any
debt obligations in the last six months. In case of delays, kindly
mention the due date for repayment and actual date of repayment.
TO WHOMSOEVER IT MAY CONCERN