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:Mr.H.N.SingH Roll No:-PGD11060 PGDM 2011-2013(B)

INSTITUTE OF MANAGEMENT STUDIES, NOIDA A UGC Recognized Institute A-8B, Plot C, 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 and educational institutions. 8. The Company has the following 2 Units to manufacture 100% Cotton Yarns, Blended Yarns and Yarns produced out of special fibers like Modal, X-Static, Tence Unit Spindles:-- Palladam 66432. Kovilpatti 62,928.
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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.
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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 and guiding principles. -- Attend and actively participate in regular and special meetings of Board and Committees on which they serve. 12/16/2012 8

-- 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 of interest. -- 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 12/16/2012 Sri.Sanjay Jayavarthanavelu

SRI S. PATHY
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 It mainly offer or manufacture three types of product with respect to textile:

1. 2. 3.

PRODUCT GARMENT. PRODUCTY FABRICS. 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 for Local 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 and weaving 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.
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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 Excise Duty 0.04 Net Sales 174.45 Other Income 5.48 Stock Adjustments9.43 Total Income 189.36 Expenditure Raw Materials 104.25 Power & Fuel Cost28.03 Employee Cost 20.70 Other expenses 0.00
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136.79 106.58 0.02 0.02 0.22 136.77 106.56 5.08 5.28 0.01 -3.51 141.86 108.33

103.54 146.17 0.72 103.32 145.45 6.09 13.16 -7.35 6.52 102.06 165.13 75.97 23.9 24.75 5.83
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70.1 53.78 49.04 22.35 15.19 15.56 18.45 18.45 19.33 3.05 1.79 2.73

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

SWOT
THREATS

OPPORTUNITIES

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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 has presence 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 product company. due to various same

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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 LAKSHMI MILLS..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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