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Business proposal for rqeady made shirts
 

Business proposal for rqeady made shirts

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    Business proposal for rqeady made shirts Business proposal for rqeady made shirts Document Transcript

    • 1Prepared by: KOTHARI SHIVANG
    • Prepared By KOTHARI SHIVANG V. Class M.B.A. Academi Year 2009 - 2011 Roll No. 114 Institute N.R.VEKARIA INSTITUTE OF BUSINESS MANAGEMEMNT STUDIES, JUNAGADH Submitted To 2Prepared by: KOTHARI SHIVANG
    • Mr. Dr.RAJESH PATEL DECLARATION The undersigned KOTHARI SHIVANG the student of NRVIBMS, JUNAGADH of M.B.A. hereby declare that the project work presented in this report is my own contribution and by my own efforts. This work has not been previously submitted to any other university for any other examinationDate :-Place :- JUNAGADH Signature 3Prepared by: KOTHARI SHIVANG
    • KOTHARI SHIVANG INDEX I. INTRODUCTION OF THE INDUSRTRY II. PROJECT AT GLANCE III. BIO DATA OF THE PROMOTORS IV. LOCATION & SITE LOCATION V. RAW MATERIAL & ITS SOURCES VI. MARKET SURVEY VII. PRODUCTION PROCESS VIII. QUALITY CONTROL & STANDARDS IX. STAFF & LABOUR X. TECHNICAL & FINANCIAL DETAILS XI. COST OF PRODUCTION XII. PROFITABILITY OF PROJECT 4Prepared by: KOTHARI SHIVANG
    • XIII. BREAK EVEN POINT ANALYSIS XIV. SUPPLIERS OF RAW MATERIALS XV. COMPETITORS XVI. FUTURE PROSPECT 5Prepared by: KOTHARI SHIVANG
    • INTRODUCTION There are already many competitors of our product in the market as shirt manufacturing is one of the most important in fashion & design. So the quality of our product is better, it will achieve the desire position in the market in future. As we produce qualitative products with the reasonable price, it wills the main points of our unit will consider and work accordingly. Now a day the product of shirt is uses in everywhere most likely in official uses. So market of our product will be huge in the future. So our product must have some unique features than others and we are trying to concentrate more on this point to beat this cutthroat competition. The main objective of our unit is to provide the best quality to the consumers and by this way we will try to capture the maximum share in the market. 6Prepared by: KOTHARI SHIVANG
    • The unemployment is the prevailing economic diseases in most of the developed and developing countries, the problem of unemployment is becoming more and more active day by day. This problem is further added by rapidly increasing population. The population is increasing at fast rate. To provide employment to such a large number is difficult task. Large-scale industries are capital intensive, so their capacity to provide employment is very little; so, large industries also cannot solve this problem. As cottage and small-scale industries being labor- intensive employment can be provide through their development. So, in developing countries with large reserves of surplus labors, there is undoubtedly an opportunity for paying special attention labor-intensive industries. So it is often argued that one of the most promising opportunities lies in developing small-scale industries would help in solving human welfare problem of unemployment and would moreover provide a strong bases for stable growth of a large sector of the Indian economy. In India, today, the cottage and small-scale industries provide employment roughly to 24 million people; where as large sale industries provide employment only to 4.5 million people. As far as employment is concerned, they stand next to agriculture. 7Prepared by: KOTHARI SHIVANG
    • One more benefit of small-scale industries is that a large industry requires huge amount of capital while small industries can be established with limited capital, if we invest scare capital in small- scale industries, the returns are quick and hence the generated returns may again form capital. 8Prepared by: KOTHARI SHIVANG
    • PROJECT AT GLANCE 9Prepared by: KOTHARI SHIVANG
    • NAME OF THE UNIT GLADIUS PVT. LTD OFFICE ADDRESS “GLADIUS PVT.LTD.” 197 More Choice, Place Road, RAJKOT. FACTORY ADDRESS “GLADIUS PVT.LTD.” 8 –NEW ATIKA MAIN ROAD DHEBAR ROAD SOUTH RAJKOT :- 360002 SIZE OF THE UNIT Small Scale industry. PRODUCT ‘SHIRT’ FORM OF ORGANISATION Proprietorship Firm. PROPSED INSTALLED 100 % CAPICITY PROPSED CAPICITY 100 % UTILIZATION TOTAL PROJECT COST 2000000000 MEANS OF FINANCE Owned Capital & loan from GSFC TOTAL LAND AREA 1400 (Sq.Mt.) BUILD UP AREA 1000(Sq.Mt.) 10Prepared by: KOTHARI SHIVANG
    • 11Prepared by: KOTHARI SHIVANG
    • BIO DATA OF THE PROMOTORS NAME OF OWNER KOTHARI SHIVANG V. DATE OF BIRTH 07 / 02 / 1989 22 AGE M.B.A.(Mktg) QUALIFICATION “NIRMAL” RESIDENTIAL 8-NEW MEGHANI NAGAR , ADDRESS SAHKAR MAINROAD, RAJKOT – 360002. “GLADIUS PVT. LTD.” BUSINESS 8-NEW ATIKA MAIN ROAD ADDRESS DHEBAR ROAD SOUTH RAJKOT;-360002 MOBILE NO. 9724102319 State Bank of Saurashtra BANK 12Prepared by: KOTHARI SHIVANG
    • 13Prepared by: KOTHARI SHIVANG
    • INTRODUCTION The unit is located at such area where it can avail the concerned business easily. Moreover exact location is a place where there us minimum of cost and maximum profit can be achieved. Before setting a unit, entrepreneur has to kept in mind the various location factors such as availability of land, power, water such infrastructure facilities availability of labor etc. 1. LOCATION OF THE FACTORY 14Prepared by: KOTHARI SHIVANG
    • It is quite know that GIDC is an industrial area and we can obtain any facility as a convenient way. Surrounding area is containing a big market for the shirt product. There are many other facilities of factors which inspired us to choose proposal location. 2. DISTANCE FROM THE RAW MATERIAL MARKET There is more transportation facility because of center point of the city. From this we can easily get the raw materials which is important for the manufacturing of our product. We purchase raw materials in Ahemdabad, Bombay, and remaining in Delhi. 3. SKILLED LABOUR AVAILABLE For the production of our product we require skilled and unskilled workers. So location of the factory is in city, we can get labours easily. So our production this place is fulfill our satisfaction labour. 4. TRANSPORTATION FACILITY Now a days there are many useful facilities are available. We can uses the road facility and railway facility to transport the our finished goods. So, we can get easily both the facilities for transporting the goods. 15Prepared by: KOTHARI SHIVANG
    • 16Prepared by: KOTHARI SHIVANG
    • THE RAW MATERIAL MARKET Raw material is a basic component of the product. Raw material cost is the major cost in the overall cost of the production. There is more transportation facility because of center point of the city. From this we can easily get the raw materials which is important for the manufacturing of our product. We purchase raw materials in Ahmadabad, Bombay, and remaining in Delhi. 17Prepared by: KOTHARI SHIVANG
    • 18Prepared by: KOTHARI SHIVANG
    • MARKET SURVEY 1. MARKET SURVEY: Market survey is one of the essential tool of necessary to get the feedback of a product and the consumers. Through market survey several other information can be obtained like product’s potentiality, reaction of consumer’s towards our product, demand of the product and according to that our supply, competitors force in market price difference from the competitors price, innovation needed in our products etc. 2. MARKET DEMAND: Market demand means consumers need, wants & potentiality to purchase the product. Through consumer’s survey we can know the market demand. It is necessary to know the demand of an item from our product. Thus through demand we can come to know the actual production to be made and the supply of the needed products. 19Prepared by: KOTHARI SHIVANG
    • 20Prepared by: KOTHARI SHIVANG
    • INTRODUCTION Production process of any business unit is concerned with the creation of any particular product or service required to satisfy customer needs and desires. Besides, production management is the process of effectively programming., co-ordination and controlling production activities. Production means creation of utilities and it covers all the activities of procurement, allocation and utilization of the resources available to the firm such as labour energy, material etc. Differently saying, production function is regarded as a subsystem of the company, manufacturing plants are on the realistic sales or demand forecasts. In simple words, we can say that production is a process of converting raw material into the finished goods. 21Prepared by: KOTHARI SHIVANG
    • PRODUCTION PROCESS STEP- 1 CUTTING CLOTHES STEP- 2 22Prepared by: KOTHARI SHIVANG
    • COUNTER SLEEVES ATTACH SLEEVE SEW FRONT FLY TO LEFT FRONT SEW BUTTON ON FRONT SEW POCKETS SEW BUTTONHOLE ON FRONT SEW BUTTON TO TOP OF FRONT & CUFF SEW SIDE & UNDER SLEEVE SEW BUTTON TO TOP OF FRONT & CUFF SEW YOKE TO BACK RUNSTITCH CUFFR 23Prepared by: KOTHARI SHIVANG
    • 24Prepared by: KOTHARI SHIVANG
    • STEP- 3 VACUUM IRONING STEP- 4 PACKING STEP- 5 FORWARDING  VACUUM IRONING : 25Prepared by: KOTHARI SHIVANG
    • After completing shirt finishing we can take further step for ironing in a electric boiler it’s call a vacuum ironing. All shirts are making a ironing and go for further process.  PACKING: This is final operation of our product and that is packing. In this, the shirts are packed in some boxes or some packed in plastic bags. We have different types of series. It is based on the rate of shirts. We are giving the packing on amount received. After all these some small packing then it is pack in one big cartoon. It is pack in as a order of the goods is packed in the cartoon.  FORWARDING: And this is the final procedure of our product and it is forwarding. These packed cartoons are either go by transport or by railway. Some times there is some local orders are there and we have to give them goods by our vehicle. COUNTER SLEEVES: 26Prepared by: KOTHARI SHIVANG
    • Newly designed machine head that was developed in pursuit of beauty. The optimum-balance and highly rigid machine head were created using the latest 3D-CAD design technology. The improved machine head, such as incorporation of an eccentric pin that is used to adjust the feed dog, ensures enhanced maintainability. In addition, the machine is provided with amounting seat for attachment to improve workability while a replacing the attachment and increasing the durability of the machine bed surface. ATTACH SLEEVE: The machine ensures both beautiful and upgraded seam quality at higher speeds. Further increased reliability bar bushings of the needle bar mechanism improve both the durability and reliability of the needle 27Prepared by: KOTHARI SHIVANG
    • bar unit. The machine comes standard with a cartridge type oil filter and cooling fan for further improved reliability and durability. SEW FRONT FLY TO LEFT FRONT : The machine has adopted a bottom-feed mechanism. This enables the machine to perform sewing with a low tension applied to the material while preventing puckering and stitch skipping, thereby improving consistency of seam quality. The machine is capable of adapting to the sewing of lightweight materials and newly developed materials. This means that the machine is exceedingly effective to the process to sew top center plaits of shirts and the sewing of foundation. SEW BUTTON ON FRONT : The single-thread, chain stitch, Button sewing machine with a Reliable knot-tying mechanism has been Revamped with a new design. The Machine inherits the excellent Sewing capabilities as well as the 28Prepared by: KOTHARI SHIVANG
    • Outstanding operability of the conventional MB Series button sewing machine. The 4-holed button-sewing mode can be easily switched over to the 2-holed button-sewing mode in accordance with changing sewing specifications. Furthermore, operating the lever can easily change the buttonhole interval. SEW POCKET: The machine has easy-to-operate functions to achieve improved operability. By providing a presser foot with a higher lift (13mm), a Light-touchstitch dial, a throat plate with marker grooves that can be used as guide for seam allowance, and other easy-to- operate functions, the burden on the operation is lightened, and productivity is further increased. SEW BUTTONHOLE ON FRONT : At the very least, a g The buttonholing position can be easily adjusted. This further enhances ease of operation. A newly introduced mechanism in the needle thread trimmer prevents interference with the positioning of buttonholes. The shape of the face plate is designed to provide sufficient clearance around 29Prepared by: KOTHARI SHIVANG
    • the needle entry position. As a result, ease of operation is further improved The work clamp can be lifted as high as 12mm.The machine is capable of sewing heavy-weight materials such as bulky knits. The maximum lift of the work clamp is 12mm, enabling the machine to make high-quality buttonholes in heavy-weight materials. SEW BUTTON TO TOP OF FRONT & CUFF : The 4-holed button-sewing mode can be easily switched over to the 2-holed button-sewing mode in accordance with changing sewing specifications. Furthermore, operating the lever can easily change the buttonhole interval. The number of stitches can be quickly selected from among 8, 16 and 32 stitch he corresponding to the change in sewing specifications. That acthments that are currently being used with the conventional machine can be used with the revamped machine withoutthe need for any additional machining or adjustments. 30Prepared by: KOTHARI SHIVANG
    • SEW SIDE & UNDER SLEEVE High-quality machine with easier operation and increased reliability. The MO-6900S Series is a new and powerful overlook safety stitch machine that has been developed to offer increased reliability and ease-of-use, while upgrading seam quality at higher sewing speeds. It responds to a wider range of materials and processes to finish high- quality soft-feeling seams. With the operating noise having been reduced and increased durability ensured, the cost-effective MO-6900S Series is a leading machine in the new era. SEW BUTTON TO TOP OF FRONT & CUFF : At the very least, a good buttonholing machine should finish seams of consistent quality and be widely adaptable to many different kinds of materials and seam specifications. The LBH-780 series buttonholing machines respond to these needs and help reduce operator fatigue, thereby finishing high-quality buttonholes with a higher degree of efficiency. 31Prepared by: KOTHARI SHIVANG
    • SEW YOKE TO BACK The machine head is one size larger than the conventional head, expanding the space under the machine arm for increased operability. With its direct-drive system, the machine starts up smoothly and offers excellent responsiveness. With its dry head that no longer uses an oil pan, the machine totallyeliminates oil stains on the material. The jaw of the machine arm islocated 1cm higher than that of the conventional machine. By ensuringeasy observation of the needle entry area, the operator can run themachine in a more comfortable posture. 32Prepared by: KOTHARI SHIVANG
    • RUNSTITCH CUFFR : The stitch quality is consistent even during high-speed operation. Capable of high-speed sewing, it can also flexibly respond to various applications, thus leading to higher productivity. The knife is sharp enough to cut any type of material The knife is capable of cutting any kind of material regardless of its thick nests or toughness, including heavy-weight material, elastic material and brushing material 33Prepared by: KOTHARI SHIVANG
    • 34Prepared by: KOTHARI SHIVANG
    • QUALITY CONTROL & STANDARDS The quality control and standards are most important for any producer. By changing the proportion of various ingredient. We can makes the shirt of different qualities and types. Mainly quality is to be decided according to the customers requirement. More over in order to the maintain the up to date standard & quality of the product, a special care is to be taken regarding the inputs or raw material. Thus, attention is needed during the purchase of raw material such in uses of our production. After completing all the process last the packaging is important aspect of the every unit, we can make a good packaging and to take care of all the standards. 35Prepared by: KOTHARI SHIVANG
    • 36Prepared by: KOTHARI SHIVANG
    • TECHNICAL & FINANCIAL DETAILS 1.Fixed Capital 2.Working Capital 3.Project Cost 4.Means of Finance 5.Total Sales 6.Cost of Production 37Prepared by: KOTHARI SHIVANG
    • FINANCIAL DETAILS OF PROJECT 1. FIXED CAPITAL : Finance is the life blood of business. The main objectives any organization is to take maximum profit and survive its prosperity and that’s objectives depends upon the efficiency of the financial debt of that particular organization. Finance is regarded as one of the crucial decision of business. Now a days any activity whether commercial or non commercial would need finance directly or indirectly.  LAND & BUILDING : NO Particulars Total Rate Total sq.mt. Rs. Value 1. Open Land 1200 5000 6000000 2. Build up Land i. Factory shed 600 5000 3000000 ii. Office Block 100 5000 500000 iii. Store Room 100 5000 500000 Total 2000 5000 10000000 38Prepared by: KOTHARI SHIVANG
    •  MACHINERY & EQUPMENTSsSR PARTICULARS BRAND QTY PRICE TOTALNO1 DDL 8700 NEEDLE LOCK STITCH JUKI 14 SET 21000 294000 FLAT BED MACHINE2 LBH 781 NEEDLE LOCK STITCH BUTTON HOLDING M/C. WITH JUKI 2 SET 150000 300000 STD. ACCESSORIES3 MB 377 JUKI RAND BUTTON JUKI 2 SET 115000 230000 SEWING MACHINE4 MS 1190 FEED OF THE ARM JUKI 1 SET 115000 11500 MACHINE 429005 MO 6716 JUKI 5 THREAD JUKI 1 SET 42900 OVERLOCK 410006 TK 629 TAKING CLOTH CUTTING TAKING 2 SET 20500 MACHINE 970007 TEXTILE PROCESSING MACHINE RAMSONS 1 SET 97000 820008 HYDRO EXTRACTOR 82000 RAMSONS 1 SET 880009 TUMBLER DRIER 88000 RAMSONS 1 SET 2300010 SHIRT FOLDING TABLE RAMSONS 1 SET 23000 13200011 VACUUM IRONING STEAM RAMSONS 3 SET 41000 GENERATOR WITH ELE. BOILER 13300012 450 GS FUSING MACHINE OSHIMA 1 SET 13300013 7500 TK 818 BUTTON MACHINE FOR TAKING 1 SET 7500 PUSH BUTTON 6500014 1404 KANSAI SPECIAL SET WITH KANSAI 1 SET 65000 STANDARD TABLE & MOTOR 1650400 TOTAL 39Prepared by: KOTHARI SHIVANG
    •  OTHER FIXED ASSETS : NO. PARTICULARS Amount 1 Furniture 125000 2 Electricity fittings 25000 3 vehicles 150000 TOTAL 300000  TOTAL FIXED ASSETS : NO. PARTICULARS Amount 10000000 1 Land & Building 1650400 2 Machinery & Equipments 300000 3 Other Fixed Assets TOTAL 11950400 40Prepared by: KOTHARI SHIVANG
    • 2.WORKING CAPITAL :  RAW MATERIAL : NO. Particular Amount 1 CLOTHES 5282500 2 THREADS 348000 3 BUTTONS 184000 4 OTHER MATERIALS 270000 TOTAL 6084500  WAGES & SALARIES : NO Particular No of Amount Amount Employees (Monthly) (Yearly) 1 Production manager 1 6700 80400 2 Sales manager 1 6700 80400 3 Chief manager 1 8000 96000 4 Super visor 2 2700 64800 5 Designer 3 3200 115200 6 Skilled workers 12 2200 316800 7 Semi skilled worker 8 1700 163200 8 Unskilled workers 6 1200 86400 TOTAL 1003200  REPAIRS AND MAINTAINANCE : 41Prepared by: KOTHARI SHIVANG
    • SR PARTICULARS Amount Amount NO. (Monthly) (Yearly) 1 Repairs & Maintenance 8800 105600 2 Power & water charges 6900 82800 TOTAL 188400  ADMINISTRATION EXPENCES : SR PARTICUARS Amount Amount NO. (Monthly) (Yearly) 1 Printing & stationary 2800 33600 2 Postage & couriers 1800 21600 3 Traveling expenses 3900 46800 4 Sundry expenses 800 9600 TOTAL 111600  SELLING EXPENCES : SR PARTICUARS Amount Amount NO. (Monthly) (Yearly) 42Prepared by: KOTHARI SHIVANG
    • 1 Selling Expenses 12000 144000 2 Packaging Expenses 11800 141600 TOTAL 285600  TOTAL WORKING CAPITAL : SR PARTICULARS Amount NO. 1 Raw material 6084500 3. 2 Wages & salary 1003200 3 Repair & maintenance 188400 4 Administration expenses 111600 5 Selling Expenses 285600 TOTAL 7673300 PROJECT COST SR PARTICULARS Amount NO. 1 FIXED ASSETS 11950400 2 WORKING CAPITAL 7673300 TOTAL 19623700 4.MEANS OF FINANCE : 43Prepared by: KOTHARI SHIVANG
    • SR PARTICULARS COST OF BANK G.S.F.C. OWNNO ASSETS LOAN LOAN CONTRIB UTION1 Land & building 10000000 3300000 3600000 31000002 Machinery & 1650400 280000 152500 1217900 Equipment 300000 80000 50000 1700003 Other fixed assets 7673300 3750000 1050000 28733004 Working capital TOTAL 19623700 7410000 4852500 7361200  INTEREST ON LOAN : NO PARTICULARS Interest Rate Amount 1 Bank loan 12 % 889200 2 GSFC Loan 8% 388200 TOTAL 1277400  DEPRECIATION : NO PARTICULARS Interest Rate Amount 1 Land & Building 12 % 1200000 2 Machinery 10 % 165040 TOTAL: 1365040 5.TOTAL SALES : 44Prepared by: KOTHARI SHIVANG
    • N Particular Price in Dozen Price in AmountO Single Dozen1 CASUAL SHIRT 499 200 5988 11976002 FORMAL SHIRT 799 300 9588 28764003 PARTY WEAR 999 250 11988 29970004 MAN’S SPECIAL 1499 250 17988 44970005 CHILDREAN WEAR 499 350 5988 20958006 CHILD SPECIAL 699 250 8388 2097000 TOTAL SALES 15760800 6. TOTAL COST OF PRODUCTION : 45Prepared by: KOTHARI SHIVANG
    • SR PARTICULARS AMOUNT AMOUNT NO 1 RAW MATERIALS 6084500 2 Add: FACTORY OVERHEADS EXPENSES : 1) Repairs & Maintenance 105600 2) Power & water charges 82800 188400 FACTORY COST 6272900 3 Add: ADMINISTRATIVE OVERHEADS EXPENSES : 1) Printing & Stationary 33600 2) Postage & Couriers 21600 3) Traveling expenses 46800 4) Sundry expenses 9600 111600 ADMINISTRATIVE COST 6384500 4 Add: SELLING OVERHEADS EXPENSES : 1) Selling expenses 144000 2) Packaging expenses 141600 285600 TOTAL VARIABLE COST 6670100 46Prepared by: KOTHARI SHIVANG
    • 47Prepared by: KOTHARI SHIVANG
    •  PROFITABILITY RATIO: Total Sales 15760800 Less :- Variable Cost 6670100 CONTRIBUTION 9090700 Less :- Management expenses 1003200 PROFIT BEFOR DEPRICIATION 8087500 Less: Depreciation 1365040 PBIT/ EBIT 6722460 Less :- Interest on loan 1277400 PBT/EBT 5445060 Less :- Income Tax @ 20% 1089012 PROFIT AFTER TAX 4356048 Add :- Depreciation 1365040 CASH FLOW 5721088 48Prepared by: KOTHARI SHIVANG
    • BALANCE SHEET Particulars Amount (Rs.) Amount (Rs.)Capital & Liabilities Promoter’s Capital 7361200 Borrowed Loan Bank loan 7410000 GSFC 4852500 12262500 Profit and Loss A/C 4356048 Total Liabilities 23979748Assets Land & bulding (Less: Depreciation) Machinery 8800000 (Less: Depreciation) 1485360 Debtor 3694388 Cash on Hand 500000 Cash at bank 3500000 Closing Stock 2000000 Investment in Govt. security 4000000 Total Assets 23979748  PROFITABILITY RATIO:
    • Profitability Ratio = Net Profit 100 Net Sales = 4356048 100 15760800 = 27.64 %Return on Capital = Net Profit 100 Net Capital = 4356048 100 19623700 = 22.18 %
    •  BREAK EVEN POINT ANALYSIS :FIXED COST :Depreciation 1365040Interest 1277400
    • Administrative exp. 111600Salary & wages 1003200 Fixed cost 3757240 BREAK EVEN POINT:B.E.P. In % = Fixed cost 100 Contribution = 3757240 100 9090700 = 41.33 %B.E.P. In Rs. = Fixed cost Sales Contribuion = 3757240 15760800 9090700 = Rs 6513940.
    • CUSTOMERS LIST1. FASHION ZONE : MUMBAI
    • 2. WAGHA TREDING : PUNE3. MORE DESION : AHMEDABAD4. SMART ZONE : DELHI5. EXCLUSIVE POINT : AHMEDABAD6. JOHNSON & JOHNSON : U.K.7. ROSY BRAND : U.K.
    • FUTURE PLANS In modern age, popularity of our product isincreasing. Therefore the demand of it is increasing
    • day by day. In future we are looking for producingpent, trousers, T-shirts. This indicates about expansion and developmentof the project. Accordingly the present project is alsoexpected have a better prospects. CONCLUSION Today’s generation is very muchconscious about the garments. The consumption ofnew fashionable garments increases day by dayespecially SHIRTS.
    • SHIRTS became popular garment inall over the world. So, the demand increases dayby day and the fashion trend changes every day inSHIRTS. At present take an example of worldleading SHIRTS producing company Wrangles,Lee, GAP, Flying machine etc. have launched therange SHIRTS trend. So, the SHIRTS are aforever product in the garments. PREFACE Knowledge is an ocean that cannot be fathomed – the deeper you go, the more you see its unbounded profundity yet, in the competitive world of today. It is very essential for young entrepreneurs to have the basic knowledge about how SSI can be started and which type of plan is to be submitted to the bank or other financial institution for the purpose of loan because SSI plays a vital role in promoting the economic condition which aids in raising the total national income.
    • Practical study plays a vital role in the field of education. It hasbeen introduced for the students to get practical knowledge alongwith the theoretical knowledge is not the right way of learninganything especially for the management students. Howmanagement principles are implemented in business can only beknown through practical study through visit, students can verywell become aware about industrial environment like problem,opportunities, different situations etc. This helps the students forbetter understanding & also gives then a chance to their skills &ability. So I have chosen to make project on ‘SHIRT’manufacturing.