NAHAR SPINNING MILLS LTD.</li></ul>Nahar Group of Companies<br />
Introduction to<br />At OWM, Even the Word<br />“Impossible”<br />Says<br />“I’m Possible.”<br />
<ul><li>It was established in 1949 by Sh. Vidya Sagar Oswal.
It is manufacturing all type of blended worsted yarn, weaving yarn, shawls,garments etc.</li></ul>OSWAL WOOLLEN MILLS LTD<br />
<ul><li>Group turnover is Rs. 2500 Crore. </li></ul>Export Markets: Argentina ,Brazil ,China, Poland ,Portugal ,U.K ,U.S.A, Turkey, South Africa, Egypt, Israel and Bangladesh.<br /><ul><li>Social upliftment by establishing Jawahar Lal Oswal Public Charitable Trust and Mohan Dai Oswal Memorial Hospital.</li></ul>Features<br />
List of Directors<br /><ul><li>Mr. Jawahar Lal Oswal Chairman-Cum-Managing Director</li></ul> <br /><ul><li>Mr. Amarjeet Singh Director</li></ul> <br /><ul><li>Mr. Dinesh Oswal Director</li></ul> <br /><ul><li>Mr. Kamal Oswal Director</li></ul> <br /><ul><li>Mr. Sandeep Jain Executive Director</li></ul> <br /><ul><li>Mr. Dinesh Gogna Executive Director</li></ul> <br /><ul><li>Dr. (Mrs.) H.K. Bal Additional Director</li></ul> <br /><ul><li>Mr. O.P. Sahni Additional Director</li></ul> <br /><ul><li>Mr. K.S. Maini Additional Director
Dr. Suresh Kumar Additional Director</li></li></ul><li><ul><li>Wool / acrylic top
Laboratories for testing the quality of the product.</li></ul>Strengths<br />
Weaknesses<br /><ul><li>OWM is dependent upon foreign producers for greasy wool.
Depend on the third party for sale and the distribution of the product.</li></li></ul><li>Opportunities<br /><ul><li>Fabrication for various companies likes NIKE, MARKS AND SPENCER, GAP, WILLS, etc.
Manufacturing of kids garments.</li></li></ul><li><ul><li>Mushrooming and upcoming of small hosieries in Ludhiana.
Seasonal demand for their major product i.e. pullovers.</li></ul>Threats <br />
INTRODUCTION TO INDIAN TEXTILE INDUSTRY <br />
<ul><li>India textile industry largely depends upon the textile manufacturing and export.
India earns about 27% of its total foreign exchange through textile exports.
It also contributes around 3% to the GDP of the country</li></ul>Indian Textile Industry<br />
<ul><li>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.</li></ul>Contd…<br />
Value-wise share of various products in total T&C exports by India (2008-09): <br />
Share of major export markets in total T&C exports by India (2008-09 Value-wise):<br />
INDIAN TEXTILE EXPORTS (2008-09)ITEM WISE<br />
Strength<br />Export Target of Indian Textile Industry<br />
Ludhaina Textile industry<br />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. <br />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.<br />
The major export markets of Ludhiana today are the EU, US, Africa,Vietnam & Bangladesh. <br />Ludhiana accounts for nearly 90 per cent of the country’s woolen hosiery industry<br />Ludhiana Textile Industry serves as the backbone of Indian hosiery industry.<br />Cont…<br />
Percentage share of companies in total exports of textiles in 2008-09 from Ludhaina .<br />
Percentage of domestic sales to exports of textiles in Ludhaina(2008-09) <br />
AN ANALYSIS ON EXPORT OF INDIAN TEXTILE INDUSTRY WITH SPECIAL REFERENCE TO LUDHIANA<br />Title of the Project<br />
To analyse the export potential of Ludhiana textile industry.<br /> <br />To know the factors affecting exports of textiles.<br />To know the strengths & weakness of textile industry.<br /> <br />Objectives<br />
Research Design:<br />Descriptive.<br />Sampling Technique:<br /> Convenience & snowball sampling. <br />Universe:<br /> All the exporters of textiles.<br />Population:<br /> All the exporters of textiles in Ludhiana<br />
Sample Unit: <br /> A singletextile company in Ludhiana which is into export business.<br />Sample Size: <br />20 Exporters.<br />Sample Type:<br />Area Sampling : Sample area of the study is Ludhiana<br />
Data collection:<br />Primary data : Questionnaire.<br />Secondary data: Journals and websites.<br />
Limitations of the study<br />The study is limited to Ludhiana city due to time constraints.<br /> <br />The Sample size has been restricted to 20 due to constraints of time .<br /> <br />The analysis could have been made much more accurate, if the project be done in other cities also. <br />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.<br /> <br />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.<br /> <br />
Data Interpretation <br />& <br />Analysis<br />
Table 4.11.1: Strengths of Textile industry ( N=20 )<br />
Table 4.11.2: Weakness of Textile industry ( N=20 )<br />
Table 4.14: Future potential of textile industry ( N=20 )<br />
Findings<br />Most of the export houses in Ludhiana are dealing in garments, woollen & yarn sector.<br />Majority of the exporters of Ludhiana find South Africa as their potential export market followed by European countries .<br />Strength of the textile industry is abundant raw material and the Weakness is govt. policies.<br />China is the major competitor of Indian textile industry.<br />
Suggestions<br />Government . has to extend validity of promotional schemes to promote textile exports.<br />Ludhiana textile industry should explore new markets for exports .<br />Government should take steps to provide better infrastructure ,technology, innovations & govt. policies to boost textile industry in near future.<br />