2. Textile
A textile is a flexible material consisting of a network
of natural or artificial fiber often referred to as thread
or yarn.
Yarn is produced by spinning raw wool fibers, linen,
cotton, or other material on a spinning wheel to
produce long strands.
Textiles are formed by weaving, knitting, crocheting,
knotting, or pressing fibers together.
3. History
Evidence suggests that human beings may have begun
wearing clothing as far back as 100,000 to 500,000
years ago.
Genetic analysis suggests that the human body louse,
which lives in clothing, may have diverged from the
head louse some 107,000 years ago.
Possible sewing needles have been dated to around
40,000 years ago
4. Uses
Textiles have an assortment of uses, the most common
of which are for clothing and containers such as bags
and baskets.
In the household, they are used in carpeting,
upholstered furnishing, window shades, towels,
covering for tables, beds, and other flat surfaces, and
in art.
In the workplace, they are used in industrial and
scientific processes such as filtering.
5. Miscellaneous uses include flags, backpacks, tents,
nets, cleaning devices such as handkerchiefs and rags,
transportation devices such as balloons , kites, sails,
and parachutes, in addition to strengthening in
composite material such as fiberglass and industrial
geotextiles.
6. Sources and types
Textiles can be made from many materials. These
materials come from four main sources:
Animal (Wool, Silk),
Plant (Cotton, Flax, Jute),
Mineral (Asbestos, Glass fiber),
Synthetic (Nylon, Polyester, Acrylic).
7. Animal textiles
Animal textiles are commonly made from hair or fur.
wool refers to the hair of the domestic goat or sheep,
which is distinguished from other types of animal hair
in that the individual strands are coated with scales
and tightly crimped, and the wool as a whole is coated
with a wax mixture known as lanolin (aka wool
grease), which is waterproof and dirt proof ess.
8. woolen refers to a bulkier yarn produced from carded,
non-parallel fiber, while worsted refers to a finer yarn
which is spun from longer fibers which have been
combed to be parallel.
Wool is commonly used for warm clothing. cashmere,
the hair of the Indian cashmere goat, and mohair the
hair of the North African angora goat, are types of wool
known for their soften.
9. Plant textiles
Grass, rush, hump, and sisal are all used in making
rope. In the first two, the entire plant is used for this
purpose, while in the last two only fibers from the
plant are utilized.
Coir (coconut fiber) is used in making twine, and also
in floor mats, doormats, brushes, mattress, floor tiles,
and ssacking.
10. Synthetic textiles
Acrylic is a fiber used to imitate wools, including
cashmere, and is often used in replacement of them.
Nylon is a fiber used to imitate silk; it is used in the
production of pantyhose.
Olefin fiber is a fiber used in active wear, linings, and
warm clothing. Olefins are hydrophobic, allowing
them to dry quickly.
11. In the past, all textiles were made from natural fibers,
including plant, animal, and mineral sources.
In the 20th century, these were supplemented by
artificial fibers made from petroleum.
Textiles are made in various strengths and degrees of
durability, from the finest gassomar to the sturdiest
canvas.
The relative thickness of fibers in cloth is measured in
deniers. Microfibers refers to fibers made of strands
thinner than one denier.
12. Production methods
Weaving is a textile production method which involves
interlacing a set of longer threads (called the warp)
with a set of crossing threads (called the weft).
Knitting and crocheting involve interlacing loops of
yarn, which are formed either on a knitting needle or
on a crochet hook, together in a line.
Spread Tow is a production method where the yarn is
spread into thin tapes, and then the tapes are weaved
as warp and weft.
13. India Textile Industry
India textile industry largely depends upon the textile
manufacturing and export.
India earns about 27% of its total foreign exchange
through textile exports.
Further, the textile industry of India also contributes
nearly 14% of the total industrial production of the
country.
It also contributes around 3% to the GDP of the
country.
14. India textile industry is also the largest in the country
in terms of employment generation.
It not only generates jobs in its own industry, but also
opens up scopes for the other ancillary sectors.
India textile industry currently generates employment
to more than 35 million people.
It is also estimated that, the industry will generate 12
million new jobs by the year 2010.
15. Various categories
Indian textile industry can be divided into several
segments, some of which can be listed as below:
Cotton Textiles
Silk Textiles
Woolen Textiles
Readymade Garments
Hand-crafted Textiles
Jute and Coir
16. Area, production and productivity of cotton in
India during the last six decades:
Year
Area in
lakh hectares
Production in lakh
bales of 170 kgs
Yield kgs per hectare
1950-51 56.48 30.62 92
1960-61 76.78 56.41 124
1970-71 76.05 47.63 106
1980-81 78.24 78.60 170
1990-91 74.39 117.00 267
2000-01 85.76 140.00 278
2001-02 87.30 158.00 308
2002-03 76.67 136.00 302
2003-04 76.30 179.00 399
2004-05 87.86 243.00 470
2005-06 86.77 244.00 478
2006-07 91.44 280.00 521
2007-08 94.39 315.00 567
2008-09 93.73 290.00 526
17. Strengths
Vast textile production capacity
Large pool of skilled and cheap work force
Entrepreneurial skills
Efficient multi-fiber raw material manufacturing
capacity
Large domestic market
Enormous export potential
Very low import content
Flexible textile manufacturing systems
18. Weaknesses
Increased global competition in the post 2005 trade
regime under WTO
Imports of cheap textiles from other Asian neighbors
Use of outdated manufacturing technology
Poor supply chain management
Huge unorganized and decentralized sector
High production cost with respect to other Asian
competitors
19. Current Facts on Indian Textile
Industry
India retained its position as world’s second highest
cotton producer.
The productivity of cotton which was growing up over
the years has decreased in 2008-09.
Substantial increase of Minimum Support Prices
(MSPs).
Cotton exports couldn't pick up owing to disparity in
domestic and international cotton prices.
Imports of cotton were limited to shortage in supply of
Extra Long staple cottons.
20. NAHAR GROUP OF COMPANIES
OSWAL WOOLLEN MILLS LTD.
It was established in 1949
It is manufacturing all type of blended worsted yarn,
weaving yarn, lois, shawls etc.
The company is proud to have highly popular bounded
products of knit wear MONTE CARLO and
CANTERBURY.
OWM has seven units in different locations in
Ludhiana engaged into different manufacturing and
trading activities.
21. NAHAR INDUSTRIAL ENTERPRISES LTD.
This company was incorporated in September 1983
It is manufacturing edible oils, toilet soap, fatty acids,
citric acid, glycerin, oxygen gas and solvent, extracted
rice oil, vanaspati, sugar and rolling mill.
22. NAHAR SPINNING MILLS LTD.
It was established in December 1980.
It is engaged in manufacturing of all types of cotton,
acrylic and blended yarns, as well as knitted fabrics
and garments.
23. GROWTH CHART- FEATURES
Group turnover is Rs. 2500 crore.
Export market: U.S.A., United Kingdom, Germany,
Russia, Japan, Australia, New Zealand, Holland,
Thailand, South Africa, Singapore, Taiwan, Canada,
Egypt, Israel and Bangladesh.
No strike/accident situation and near zero staff
turnover.
Important brand names are “MONTE CARLO” and
“CANTERBURY”.
24. OWM were the proud recipient of the “best exhibited
products” award from the international wool
secretariat for two glamorous brands.
Product portfolio: spinning, knitting, fabrics
processing, hosiery garments, knitwear, sugar,
infrastructure development and information
technology.
COTTON COUNTY is there emerging ready to wear
brand.
25. Beyond there professional portfolio lies the human
group that has always been deeply enriched in social
upliftment at every level like:
Jawahar Lal Oswal Public Charitable Trust
Mohan Dai Oswal Memorial Hospital
26. ACHIVEMENTS
First gold trophy in export in 1989.
First silver trophy in Hosiery in 1990 export award
consecutively for five years (1989 to 1994) for export of
woolen hosiery garments.
International award for excellence performance in
export in 1993.
Silver trophy for 2nd highest performance in 1998-1999
27. ISO 9002 received in 2001.
NAHAR EXPORT LIMITED is the recipient of BEST
EXPOTER for the year 2002-03.
NIEL, GARMENT UNIT is the recipient of state level
safety award.
Exports to high quality conscious countries like USA,
UK, Germany, Russia, Japan, Australia, New Zealand,
Holland, and many more
28. They have successfully launched a world-renowned
famous brand “MONTE CARLO”& “CANTERBURY” in
the sector of T-Shirt, thermals and Cotton Collection.
OWM has accorded the status of star export house by
the govt. of India (Ministry of Commerce And
Industry).
It has won two trophies for non quota category
29. OSWAL WOOLLEN MILLS LIMITED
Constitution:-
Public Ltd. Company
Year Of Establishment:-
1949
Locations:-
Registered office:-
G.T. Road, Sherpur,
Ludhiana. 141003
Punjab (India)
31. Management Structure &
Departments
List of Boards of Directors:-
Mr. Jawahar Lal Oswal Chairman-cum-
Managing Director
Mr. Amarjeet Singh Director
Mr. Dinesh Oswal Director
Mr. Kamal Oswal Director
Mr. Sandeep Jain Executive
Director
32. Mr. Dinesh Gogna Executive Director
Dr. (Mrs.) H.K. Bal Additional Director
Mr. O.P. Sahani Additional Director
Mr. K.S. Maini Additional Director
Dr. Suresh Kumar Additional Director
36. Hosiery Knitwear Products:-
Lady Cardigans
Pullovers
Woolen Vests, Undergarments for Men
Monte Carlo and Canterbury are popular brands of
international quality are segments of OWM’s
products.
37. Chart 1: percentage share of
different mills in Ludhiana
market of 100% dyed Acrylic
Yarn
8%
5%
10%
2%
30%7%
15%
15%
5% 3%
VARDHMAN SHARMAN RAGHAV EAST WEST OSWAL MAIWA INDO WORTH Y W L GANGA OTHERS
39. SWOT ANALYSIS
Strengths of the company
Good brand equity
Many persons are working here for more than 50
yrs. This shows commitment of employees towards
their org.
Good training programs by OWM for their
employees.
Member of wool mark and ISO 9002
Laboratories for testing the quality of the product
40. Weakness of the company
Lack of professionalism
OWM is dependent upon foreign producers for
greasy wool.
Depend on the third party for sale and the
distribution of the product.
Poor after sales services
41. OPPURTUNITIES
Fabrication for various companies likes NIKE, MARKS
AND SPENCER, GAP, WILLS, etc.
Manufacturing of kids garments
Expanding the business in Finance sector
THREATS
Mushrooming and upcoming of small hosieries in
Ludhiana
Seasonal demand for their major product i.e. pullovers
42. RATIO ANALYSIS
Current Ratio
[Current Ratio = Current Assets / Current
Liabilities]
0
500000000
1E+09
1.5E+09
2E+09
2.5E+09
3E+09
3.5E+09
2005-06 2006-07 2007-08 2008-09
1623847837
2054367060
3012928902 3042264850
696940555.3
1118567186
904430343
989732755.2
2.329966056 1.836605871 3.331300111 3.073824559
current asset
current liablities
current ratio
44. Absolute liquid ratio
Absolute Liquid Ratio = Absolute Liquid Assets /
Current Assets]
0
200000000
400000000
600000000
800000000
1E+09
1.2E+09
2005-06 2006-07 2007-08 2008-09
10161308.44
55621570.57
293088823.9
327765771.2
696940555.3
1118567186
904430343
989732755.2
0.014579878 0.049725731 0.324059035 0.331165933
absolute liquid asset
current liblities
absolute liquid ratio
45. Working capital turnover ratio
Working Capital Turnover Ratio = Cost of Sales /
Average Working Capital
0
500000000
1E+09
1.5E+09
2E+09
2.5E+09
3E+09
3.5E+09
4E+09
2005-06 2006-07 2007-08 2008-09
1474790343
1688065835
3124632694
3703374581
926907281.3 935799874.2
2108498559 2052532095
1.591087235 1.803874826 1.481923087 1.804295577
cost of sales
average working capital
working capital turnover ratio
46. Equity Ratio
Equity Ratio = Shareholders funds / Total Assets
0
1E+09
2E+09
3E+09
4E+09
5E+09
6E+09
2005-06 2006-07 2007-08 2008-09
809499491.7
949771774
1162527362
1399408928
1231068467
1827075659
2032656401 2084440205
2005-06, 137576487.1 2006-07, 133531987.7 2007-08, 133919070.1 2008-09, 159087469.8
Current asset
2005-06
1623847837
Current asset
2006-07
2054367060
Current asset
2007-08
3012928901
Current asset
2008-09
3042264850
total assets
2005-06
2992492791
total assets
2006-07
4014974707
total assets
2007-08
5179504372
total assets
2008-09
5285792525
0.270510089 0.236557349 0.224447607 0.264749122
shareholders fund
Fixed asset
Investment
Current asset
total assets
Equity Ratio
48. Introduction
Intellectual Property Rights:-
Intellectual property (IP) rights are the rights awarded
by society to individuals or organizations principally
over creative works: inventions, literary and artistic
works, and symbols, names, Images, and designs used
in commerce.
49. Industrial Property
Patents: A patent is an exclusive right awarded to an
inventor to prevent others from making, selling,
distributing, importing or using their invention,
without license or authorization, for a fixed period of
time (TRIPS stipulates 20 years minimum from filing
date).
Industrial Designs: Industrial designs protect the
aesthetic aspects (shape, texture, pattern, color) of an
object, rather than the technical features.
50. Trademarks: Trademarks provide exclusive rights to
use distinctive signs, such as symbols, colors, letters,
shapes or names to identify the producer of a product,
and protect its associated reputation.
Geographical Indications: Geographical Indications
(GIs) identify the specific geographical origin of a
product, and the associated qualities, reputation or
other characteristics.
51. Copyright: Copyright grants exclusive rights to the
creators of original literary, scientific and artistic
works.
53. Objectives of the Research:-
To know the awareness/knowledge of
organization about IPRs.
To know the implementation of IPRs in an
organization.
To know the behavior of organization towards
IPRs.
To check the government’s role in case of IPRs.
54. Research methodology
Research methodology is a way to systematically
solve the research problem. It may be understood
as a science of studying how the research is done
scientifically.
RESEARCH DESIGN:-“A research design is the
arrangement of conditions for collection an
analysis of data in a manner that aims to combine
relevance to the research purpose with economy in
procedure.”
55. In this research project, the research design is
descriptive in nature.
Sample design:-Sample design is about choosing how
many elements (businesses, people etc) to include in a
survey in order to provide a good basis for measuring
economic and social phenomena.
56. Sample design for the research:- Non-probability
sample design is selected
Sampling technique:-Purposive.
Reasons for selecting this technique: - In purposive
sampling, we sample with a purpose in mind. We
usually would have one or more specific predefined
groups we are seeking. Purposive sampling can be very
useful for situations where we need to reach a targeted
sample quickly and where sampling for proportionality
is not the primary concern.
57. Sampling
Type of universe:- All the companies/firms who
manufacture different kinds of goods and all services
provider.
Population: - The manufacturers/service provider of
Ludhiana has been taken as sampling population.
Sampling unit:- A single company/firm who is
manufacturer and/or service provider.
58. Source list or Sampling frame:- Here the sampling
frame from which the data is drawn is (a) focal point,
phase v, phase vi, phase vii, and (b) industrial area of
Ludhiana .
Size of sample:- 40
Sources of Data Collection:- Here primary data has
been collected for the research purpose.
This primary data is collected with the help of
questionnaire and schedule.
59. Limitations of study
Time constraint
A lot of companies were not ready to give information
about them.
Reach: - In Ludhiana the companies are situated
everywhere. To reach them all in a given time was not
possible for a single person as the time allotted was
also not enough for it.
As the study is based on only 40 companies so the
result can’t be generalized for all companies even in
Ludhiana.
60. Data Analysis and Discussions
“To know the awareness/knowledge of
organization about IPRs”
To fulfill this objective question no. 5.iii, 6, 7, and 11 are
asked.
5. iii. Are you aware about all the terms and
condition for getting these patent and/or
copyright?
A. fully____________ b. partially___________
c. not______________
61. Option No. of companies
(a)fully 12
(b)partially 01
(c)not 00
Total 13
Table:-4.5.iii
Title:-Awareness of terms and condition of getting
patent
62. Discussion: - In the answer of this question
92% respondents answer that they are fully
aware about the procedure.
Interpretation: - we can say that almost all
the companies who are having there own
property rights are fully aware about the
procedure.
63. 6. Are you aware about IPRs (intellectual
property rights)?
a. yes_____________
b. no________
65. Discussion: - As the maximum no. of respondents
say they don’t have a patent or copyright. So when
this question was asked related to awareness of
IPRs, majority said they don’t have awareness
about it.
Interpretation:- By knowing this we can say that
though the companies are in manufacturing sector
but they don’t have a proper knowledge about the
importance of IPRs.
66. 7. Are you aware that your method of
manufacturing product can be copied, or stolen?
a. yes__________ b. no_______ c. can’t
say___________ (if yes then go to next question)
67. Option No. of companies
(a)yes 14
(b)no 04
(c)can’t say 09
Table:-4.7
Title:-companies aware that method of
manufacturing product can be copied, or
stolen
68. Discussion:-. 52% said they know that their
manufacturing method can be copied or stolen. 15%
were not knowing it and33% were unable to answer.
Interpretation:-. 52% said they know that their
manufacturing method can be copied or stolen. 15%
were not knowing it and31% were unable to answer.
This value shows that 46% respondents are either not
knowing the importance of unique product/method;
or they are not aware that it should be protected.
69. 11. Are you aware about the remedies against
infringement of patented invention?
a. yes_____________
b. no_________
70. Option No. of companies
(a)yes 24
(b)no 16
Total 40
Table:-4.11
Title: - Awareness about the remedies
against infringement of patented invention
71. Findings: - Many companies had to face problems
because of unawareness of the remedies against
infringement of patented invention. This can also
happen in future so this question was asked.
Almost 60% respondents said that they are aware
but approximately 40% replied that they don’t
know.
Interpretation: - A major part of the companies
said that they don’t know about remedies. It means
that in future they can face a problem.
72. “To know the implementation of IPRs in an
organization.”
To fulfill this objective question no. 2, 3, 5, and5.ii, is
asked.
73. 2. Do you have your own trademark?
i. Yes
ii. No
74. Options:- No. of companies
(a)Yes 31
(b)No 9
Total 40
Table 4.2
Title:-Companies having trademark
75. Discussion :-
Here we found that 77% companies are having
there own trademark. Trademark gives the product
of different companies a differentiation from
others.
Interpretation: - Trademark gives differentiation
to the companies and product from others. But
still 27% companies are not having it. So it might
get difficult to claim for the companies about there
product.
76. 3. Does your business fall under geographical
indication?
a. yes ____ b. no_____ c. can’t
say_____
(tick the suitable answer)
77. Options No. of companies
a. yes 00
b. no 27
c. can’t say 13
Total 40
Table 4.3
Title:-Companies under
Geographical indication
78. Discussion : - In the answer of this question 67%
respondents said that their business does not fall
under GI. 33% respondents were unable to say
anything related to it.
Interpretation: - we can say that in Ludhiana no
business fall under GI.
79. 5. Do you have any patent and/or copyright for
these products and/or services?
a. yes___________
b. no ___________ ( if yes then go to the
question no. 5.i, if no then go to q. 6)
80. Option No. of companies
(a) yes 13
(b)no 27
Total 40
Table:-4.5
Title:-List of companies having
patent/copyright
81. Findings:-when we ask that do they have a
patent/copyright for them then only 32% said yes,
rests are not having it.
Interpretation: - In manufacturing sector only
32% companies are having there own patent.
These companies are basically large organization.
Lots of companies are not having it because either
they don’t know about it or they are manufacturing
for some other companies.
82. 5. ii. When did you get that patent and/or
copyright?
a. just after new product
development:________
b. after some time:_________
83. option No of companies
(a)just after new
product
development
09
(b)after some
time
04
Total 13
Table:-4.5.ii
Title:-Time of getting patent
84. Findings:- Almost 69%respondents said that they
got the patent just after the new product
development. 31% got the patent after some time.
Interpretation: - This question was asked to
know the time of getting IPRs. Most of the
companies, who have their patent, got it as soon as
possible.
85. Analysis of question no.8
8. Did you try to get patent or copyright for
your product with unique features or for the
method?
a. yes_______ b. no.______ (if yes
then go to next question, if no then go to Q.
no. 10)
86. Option No. of companies
(a)yes 00
(b)no 27
Total 27
Table:-4.8
Title: - Companies tried to get
patent
87. Discussion: - This question was asked to know
the reason that why lots of companies are not
having patent/copyright. In answer of it everyone
replies (those who are not having
patent/copyright) that didn’t try to get it.
Interpretation: - Though the companies are
manufacturing sector but companies are not trying
for IPRs. Reason behind it can be that they don’t
have either knowledge or they don’t need it.
88. 9. What are reasons that you failed to get that?
a. government policies______ b. long
procedure_______ c. lack of knowledge______
d. others ____________
________________________________(please
mention) (you can tick
more than one)
89. option No. of companies
(a)government
policies
00
(b)long procedure 00
(c)lack of
knowledge
00
(d)others 00
Table:-4.9
Title :- Reason for not getting
patent
90. Discussion: - This question is to know the reason
of failure of the company while getting a
patent/copyright. As the manufacturers did not try
for it so the reason of failure can’t be revealed.
91. 10. What are the reasons that you not tried?
a. lack of knowledge________ b. lack of
awareness_________ c. too complicated
procedure_________ d. not
needed________
(you can tick more than one)
92. Option No. of companies
(a)lack of
knowledge
00
(b)lack of
awareness
04
(c)too complicated
procedure
01
(d)not needed 22
Total 27
Table:-4.10
Title:-Reasons for not trying for
IPRs
93. Discussion : - Now this question was to know
the reason that why they didn’t try;
approximately 15% said they don’t have
awareness, 4% said due to complicated
procedure, and 81% said that they do not need
it.
Interpretation: - As maximum companies said
that they don’t need patent so it means that there
is no unique method of manufacture is being
applied by them and there product are also not
unique in features.
94. 5. I. How did you get this awareness to get
intellectual property rights?
Through government agencies.
through competitor
through some mass communication medium
through relatives
Others
95. Option No. of companies
a. Through
government
agencies
05
b. Through
competitor
01
C. Through some
mass
communication
6
d.Through
relatives
e. Others 1
Table:-4.5.1
Title :-Source of awareness about
IPRs
96. Discussion: - This question was asked to know
the medium through which the companies get the
awareness about IPRs. In the answer of this 46%
said that they got the awareness from media, 38%
got this from government agencies.
Interpretation: - By this we can say that
government agencies are playing an important role
while providing awareness.
97. 5. iv. Are you satisfied with the role of the
government providing these property rights?
a. fully satisfied
_________________
b. satisfied
_________________
c. neutral.
_________________
d. dissatisfied
_________________
e. highly dissatisfied
_________________
98. option No. of companies
(a)fully satisfied 05
(b)satisfied 04
(c)neutral 02
(d)dissatisfied 01
(e)highly dissatisfied 01
Total 13
Table :-4.5.iv
Title :- Satisfaction level of
companies with the role of Gvt.
99. Findings:- with the role of the government while
providing information 38% respondents said that
they are highly satisfied ,31% said that they are
satisfied.
Interpretation: - By this we can say that
government is doing a favorable job for the
companies.
100. 12. Are you satisfied with the procedure of the
government of getting compensation?
(Choose one option)
a. very satisfied______________
b. satisfied_____________
c. neutral______________
d. dissatisfied__________
e. highly dissatisfied______________
101. Option No. of companies
(a)very satisfied 01
(b)satisfied 10
(c)neutral 10
(d)dissatisfied 03
(e)highly dissatisfied 00
Total 40
Table:-4.12
Title:-Satisfaction of companies
with the role of government of
getting compensation
102. Discussion: -To know the response of the people
about the role of the government while providing
compensation to the parent company of the
patent/copyright, this question was asked. 42% are
satisfied, as 42% are neutral .where as 12% are not
satisfied. Only 4% are very satisfied.
Interpretation: - The no. of satisfied respondents
is 42%. 42%neutral response says that by
improving a little a majority will be in the group of
satisfied.
103. 13. What would you like to recommend to the
government for the improvement of the
procedure?
a. less complicated_____________
b. easily accessible______________
c. provide more compensation_________________
d. less time consuming_____________________
e. others_____________________________(please
mention) (you can choose more than
option)
104. Option No. of companies
(a)less complicated 11
(b)easily accessible 16
(c)provide more
compensation
09
(d)less time consuming 14
(e)others 01
Total 24
Table:-4.13
Title: - Recommendation to the
government for the improvement of
the procedure
105. Findings: - For the betterment of the procedure
recommendation from the industry is collected.
Almost 46% said that it should be less
complicated, 67% said it should be easily
accessible, 37.5% said that government should
provide more compensation, 58% said it should be
less time consuming and only 4% opted other as
an option.
Interpretation:- There is a need for the
improvement of the procedure as the companies
has recommended all the options with a big
percentage.
106. Findings: - IPRs contains a lot of things. The
companies are very much aware about trademark. If
we talk about patent and copyright lesser no of
companies are having it though they said that there
product is having unique features and they are
produced in a unique.
The behavior of the organization is also not very
enthusiastic.
The role of the government is very much satisfactory in
all the field related to IPRs.
Findings, Results, Conclusions,
Suggestions
107. Conclusion:
Awareness level of small scale industry is very low.
The companies which are having patent are big
houses. They have there own product in there market
and they are fully aware about it.
They got this property rights just after the product
development.
Those companies who are in medium scale industry,
they are aware that they should have there own
property rights.
108. Almost every companies are having there
trademark.
The government is the most effective agencies and
it has a better penetration than anyone. Here the
role of the government is satisfactory except in
providing compensation.
109. Suggestions:-
For the companies:- The companies must have knowledge
about the intellectual property rights as if they are
producing any goods with unique features or the method of
manufacturing is unique so it must be protected.
They should also have this knowledge as they don’t produce
patented goods without permission of the parent
companies otherwise they have to pay remedies.
For the government:- The government is doing a good
job. The only suggestion is that it should take care of the
recommendations of the industry.