Presented By :
Pushp Sambyal MBA- 2B
At Nahar,
excellence is always an ongoing journey
never destination
Nahar group came into existence in 1949 . It was established with initial efforts of three Oswal brothers Sh.Vidya Sagar Oswal ,Sh. Lachman Dass& Sh. Rattan Chand Oswal.
The initial capacity of nahar group was 800 spindles.
At present it has more than 66200 spindles of capacity.
OSWAL WOOLLEN
MILLS LTD.
NAHAR
INDUSTRIAL ENTERPRISES LTD.
NAHAR
SPINNING MILLS LTD.
At OWM, Even the Word Impossible Says Im Possible.
It
was established in 1949 by Sh. Vidya Sagar Oswal.
It
is manufacturing all type of blended worsted yarn, weaving yarn, shawls,garments etc.
Group turnover is Rs. 2500 Crore.
Export Markets: Argentina ,Brazil ,China, Poland ,Portugal ,U.K ,U.S.A, Turkey, South Africa, Egypt, Israel and Bangladesh.
Social upliftment by establishing Jawahar Lal Oswal Public Charitable Trust and Mohan Dai Oswal Memorial Hospital.
Mr. Jawahar Lal Oswal
Chairman-Cum-Managing Director
Mr. Amarjeet Singh
Mr. Dinesh Oswal Mr. Kamal Oswal
Director
Director Director
Mr. Sandeep Jain
Mr. Dinesh Gogna Dr. (Mrs.) H.K. Bal
Executive Director
Executive Director Additional Director
Mr. O.P. Sahni
Mr. K.S. Maini Dr. Suresh Kumar
Additional Director
Additional Director Additional Director
Wool / acrylic top Yarns
Textile fabrics
Hosiery knitwear products
Quality
Control
Resource Department Department
Human
Finance
Marketing
Department
Major competitors in pullovers and cardigans Casablanca Pringle (Scotland) Competitors of woolen/blended worsted yarn
Vardhman Textiles Limited Jayshree Textiles Limited Malwa Cotton Mills Limited
Competitors of their denim fabric
Arvind Mills Limited Aarvee Denims Limited Raymond Limited
Strengths
Good Brand Image. Many persons are working here for more than 50 yrs. This shows commitment of employees towards their org. Member of wool mark and ISO 9002. Laboratories for testing the quality of the product.
OWM
is dependent upon foreign producers for greasy wool.
Depend
on the third party for sale and the distribution of the product.
Fabrication
for various companies likes NIKE, MARKS AND SPENCER, GAP, WILLS, etc. of kids garments.
Manufacturing
Threats
Mushrooming
and upcoming of small hosieries in
Ludhiana.
Seasonal
demand for their major product i.e. pullovers.
Ratio Analysis is one of the most powerful tools of financial analysis. It is used as a device to analyze and interpret the financial health of an enterprise .
Particulars
2006-2007 in Lac
2007-2008 in Lac
2008-2009 in Lac
Current Assets Current Liabilities
20543.67
11185.67
30129.28
9044.30
30422.64
9897.32
Current Ratio
1.84
3.33
3.07
Particulars
Quick Assets
2006-07 in Lacs
9060
2007-08 In Lacs
17328
2008-09 In Lacs
17506
Current Liabilities
11185
9044
9897
Quick Ratio
0.81
1.915
1.7688
In the years 2007-08 & 2008-09 ,the company is satisfactorily liquid to fulfill C.L well in time but it is not satisfactory in the year 2006-07 i.e. 0.81 which is less than rule of thumb 1:1.
Particulars
2006-07 in Lacs
2007-08in Lacs
2008-09in Lacs
Net profit available 1402
2127
2368
Number of shares
249
249
249
EPS
5.63
8.54
9.51
EPS is increasing in the year 2006-07 to 2008-09 . The major reason is that company s net profit is increasing every year but the number of shares being the same every year, so the earning per share is increasing every year.
India
textile industry largely depends upon the textile manufacturing and export. earns about 27% of its total foreign exchange through textile exports. also contributes around 3% to the GDP of the country
India
It
It is the second largest employer after the agriculture sector in both rural and urban areas.
Textile sector contributes 14% of value addition in manufacturing sector.
COTTON TEXTILE
WOOLLEN TEXTILES
MAN -MADE
JUTE
SILK
2008-09
Textile Clothing Garments Undergarments & 20,219 1,487 93% 6.80% 0.01% 0.001%
% Share
Home Textile Furnishings 2.16 Accessories Total 0.29 21,708.45
Strength
Ludhiana is one of the principal producers of woolen and acrylic knitwear, apart from it also uses cotton and blended fiber to produce hosiery, knitwear and various ready-made garments.
The total output of hosiery products in Ludhiana is estimated to be around Rs. 8,000 crore in 2008-09 and the share of domestic sale to exports is to the tune of 75:25 ratio.
The major export markets of Ludhiana today are the EU, US, Africa,Vietnam & Bangladesh. Ludhiana accounts for nearly 90 per cent of the countrys woolen hosiery industry Ludhiana Textile Industry serves as the backbone of Indian hosiery industry.
%GE SHARE IN EXPORTS
3% 2%
5% 5%
VARDHMAN OSWAL 30% MALWA SHARMAN YWL
7%
8%
ARTI INTL. RAGHAV 10% 15% 15% GANGA INDO WORTH OTHERS
Share of Domestic Sales to Exports
25%
Domestic Sales
Exports 75%
AN ANALYSIS ON EXPORT OF INDIAN TEXTILE INDUSTRY WITH SPECIAL REFERENCE TO LUDHIANA
To analyse the export potential of Ludhiana textile industry. To know the factors affecting exports of textiles.
To know the strengths & weakness of textile industry.
RESEARCH METHODOLOGY
Research Design: Descriptive. Sampling Technique: Convenience & snowball sampling.
Universe: All the exporters of textiles.
Population: All the exporters of textiles in Ludhiana
Sample Unit: A single textile company in Ludhiana which is into export business. Sample Size: 20 Exporters. Sample Type: Area Sampling : Sample area of the study is Ludhiana
Data collection: Primary data : Questionnaire.
Secondary data: Journals and websites.
The study is limited to Ludhiana city due to time constraints. The Sample size has been restricted to 20 due to constraints of time . The analysis could have been made much more accurate, if the project be done in other cities also. The respondents were busy or for some other reasons, did not show much attention filing the questionnaire; hence the chances of biasness could be possible. To collect valid data a senior authority was needed to fill the questionnaire. Most of the time they were having important works to do and questionnaires were filled by other people.
Data Interpretation & Analysis
Nature of Company
5%
Manufacturing Trading Company MNC Others
95%
Specification of Export Products
6% 23% Woollen 29% Cotton Fiber Yarn 16% Garments Other
3% 23%
Export Percentage to Total Sales
120
100
80
%age
60 %age of Exports 40
20
0 1-10% 10-25% 25-50% Export %ge 50-75% >75%
Most Potential Market for Exports
Others, 4.65
USA, 3.45
USA Australia S.Africa Europe
Australia, 3.5
Europe, 1.85
Others
S.Africa, 1.55
Factors affecting Exports
0%
36%
Target Market More Incentives
48%
No Payment delays Govt. Policies Others
12% 4%
Exporters' Risk
Competition Risk, 1.55 Personnel risk, 2.6 Others, 5 Personnel risk Competition Risk Credit Risk Liquidity Risk Others Credit Risk, 2.7 Liquidity Risk, 3.15
Competition faced from differnt countries
0% 12%
17%
Bangladesh 6% China Pakistan Srilanka 12% Vietnam Others 53%
Nature of Competition
0% 15% 23% 6%
Skilled Labours Frieght Charges Quality Govt. Policies Better Infrastructure
21%
Others
35%
Strength
3.1
2.7 Low Labour Cost Abundant raw material Quality products Potential domestic & international market 1.9 2.3
Weakness
2.6
3.3
Lack of technology Fragmented industry Unfavourable laws 2.4 3.2 Govt. Policies Infrastructure
3.5
Future Potential of textile industry
5%
30%
Growth Stable Decline 65%
Most of the export houses in Ludhiana are dealing in garments, woollen & yarn sector. Majority of the exporters of Ludhiana find South Africa as their potential export market followed by European countries . Strength of the textile industry is abundant raw material and the Weakness is govt. policies. China is the major competitor of Indian textile industry.
Government . has to extend validity of promotional schemes to promote textile exports. Ludhiana textile industry should explore new markets for exports .
Government should take steps to provide better infrastructure ,technology, innovations & govt. policies to boost textile industry in near future.
Conclusion
Thank You
