Mandeep summer training report


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Mandeep summer training report

  1. 1. Trends of Cotton in India with Focus on Punjab with respect to Yield, Production, Area & Export<br /> Presented By:<br /> Mandeep Singh<br /> MBA- 2B<br />
  2. 2. Introduction to The Company<br />
  3. 3. Envision Exports Pvt. Ltd. is in operation since 1994, with its head office in Ludhiana (India) and an associate office in Bangladesh. <br />The company is engaged in Textile Sourcing Business of Fibers, Yarns, fabrics and garments from Suppliers spread over to India, Indonesia, China and Bangladesh. <br />
  4. 4. MISSION<br />To assimilate knowledge, <br />To develop capabilities, <br />& to manage collective enterprise to profitably tap global commercial advantages<br />
  5. 5. BUSINESS<br />A servicing and sourcing solution for textile needs, meeting the demands and requirements of the prestigious customers from all over the world.<br />
  6. 6. PHILOSOPHY<br />Services approach to customers’ needs <br />Assured & committed services to customers<br />Long term association based on mutual trust & confidence<br />Reliable Textile sourcing solutions<br />Sensitive Approach to Buyer’s needs<br />
  7. 7. PRODUCTS<br />Fibers<br />Regular Yarns <br />Special Yarns<br />
  8. 8. SERVICES<br />To give complete yarns & fabrics sourcing for all varieties, adding to customer’s convenience.<br />To provide weekly/ fortnightly market information which to their experience supports a lot in customers buying decisions.<br />To provide complete sampling support to all of their customers.<br />They have a dedicated desk for shipment follow - ups. Customers are updated through SMS, E-Mailing & can track shipments with a personal username & password over their website<br />
  9. 9. MARKETS<br />The company is only a middleman firm, taking products from their Suppliers here at Ludhiana and supplying their products to their precious customers worldwide.<br />
  10. 10. SWOT ANALYSIS<br />
  12. 12. CUSTOMERS<br />The company has a regular base of customers in Korea, China, Egypt, Singapore and Bangladesh. All their prestigious customers are working for Top end final buyers like HNM, Zara, New Look, GAP, J.C. Penny, Tesco etc. <br />
  13. 13. SUPPLIERS<br />YARN SUPPLIERS<br />Abhishek Industries Ltd.., India<br />Aarti International Ltd.., India<br />Garg Acrylic, India<br />GTN Industries, India etc<br />FABRIC & GARMENT SUPPLIERS<br />Anowara knitting Ltd., Bangladesh<br />Fakir apparels Ltd., Bangladesh<br />Metro knitting Ltd., Bangladesh<br />Northern corporation, Bangladesh<br />Tung Hai Sweaters, Ltd.., Bangladesh<br />Starlight Sweaters, Bangladesh<br />
  14. 14. ORGANIZATION CHART<br />
  15. 15.
  16. 16. DEPARTMENTS<br />Managerial department<br />Mr. KanwalKhurana: He is the director and heads the overall organization. He administers the organization and sees the overall functions. <br />Marketing Department<br />Mr. JitinSethi. His main focus is how to develop a new market. He coordinates the working of various suppliers and focus on creating new customers. He keeps an eye on all the happenings around the market <br />
  17. 17. Shipment Department: <br />ShallyKapoor: She handles all the suppliers’ offers. She focuses on various contracts of the company and manages the existing customers of the company <br />Mr. Shubham Sharma: - He handles all the commercial executions, post contracts. He also takes care of all the procedures related to LC mainly on its follow up and various commissions.<br /> <br />Mr. VibhanshuBhasin: He deals with all the logistic functions and takes care of all the shipment.<br /> <br />
  18. 18. Technical Department:<br />Mr. RishabAhuja: He takes care of all activities related to inspections. He handles all the complaints related to quality. <br /> <br />Accounts:<br />Mr. Shambhu Gupta handles the activities related to accounts and takes care of banking, accounting and taxation. He keeps all the accounts of the company and maintains office security and insurance.<br />BalwinderKaur: She handles all the office administration and cost control systems. She deals with all liaison work and relation support services.<br />
  19. 19. FINANCIAL STATEMENT ANALYSIS<br />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 <br />
  20. 20. Current Ratio= CurrentAssets/CurrentLiabilitiesFirm’s ability to pay its current liabilities out of its current assets. <br />
  21. 21. Operating Cash Flow Ratio:-= Net cash flow from operating activities/Current Liabilities<br />
  24. 24. COTTON<br />Cotton is a soft, fluffy, staple fiber that grows in a boll around the seeds of the cotton plant. It is a shrub native to tropical and subtropical regions around the world, including the Americas, Pakistan, India and Africa.<br />BOTANICAL NAME:<br />GossypiumHirsutum<br />FAMILY: Malveceae<br />
  25. 25. CHEMICAL COMPOSITION of COTTON<br />Cellulose 91%<br />Water 7.85%<br />Protoplasm, Pectin 0.55%<br />Waxes, Fatty substances 0.40%<br />Mineral Salts 0.20%<br />
  27. 27. VARIETIES OF COTTON IN INDIA<br />J-34<br />LRA<br />MECH- 1<br />HYBRID- 4<br />
  28. 28. BUNNY BRAHMA<br />SHANKAR- 6<br />SUVIN<br />DCH- 32<br />MCU- 5<br />
  29. 29. BT COTTON<br />A genetically modified cotton to reduce heavy reliance on pesticides.<br />A chemical harmful only to a small fraction of insects, most notably the larvae of moths and butterflies, beetles, and flies, and harmless to other forms of life<br />
  30. 30. World Cotton Scenario<br />
  31. 31.
  32. 32. 22.2% decline from 2005-06 till 2008-0913.33% increase from 2008-09 to 2009-10<br />
  33. 33. A decline of 14.25% in Area since 2004-2005A decline of 15.7% in Production since 2006-07A decline of about 6.5% in Consumption since 2007-08<br />
  34. 34. World Cotton Production Scenario: Main Countries<br />
  35. 35.
  36. 36. World Cotton Consumption:Main Countries<br />
  37. 37.
  38. 38. World Cotton Export Scenario: Main countries<br />
  39. 39.
  40. 40. World Cotton Import Scenario:MainCountries<br />
  41. 41.
  42. 42. Indian Cotton Scenario<br />
  43. 43.
  44. 44. Cotton Production & Consumption Zones in INDIA<br />
  45. 45. PRODUCTION ZONES<br />North Zone<br />Central Zone<br />South Zone<br />
  46. 46. NORTH ZONE<br />Punjab<br />Haryana<br />Rajasthan<br />
  47. 47. Central Zone<br />Gujarat<br />Maharashtra<br />Madhya Pradesh<br />
  48. 48. SOUTH ZONE<br />Andhra Pradesh<br />Karnataka<br />Tamil Nadu<br />
  49. 49.
  50. 50. Cotton Role in Indian Economy<br />Cotton & other textiles account for 1/3 of total exports.<br />Cotton & textiles account for about 32% of foreign exchange earnings.<br />Employment to about 60 million people directly or indirectly.<br />Accounts for 7.5 % of total GDP.<br />
  51. 51. GINNING SCENARIO<br />Ginning: A mechanical treatment for cotton before it is converted into Yarn.<br />Ginning in India is in poor condition.<br />Over 3500 factories are in India, out of which only 2600 are under ginning operation.<br />
  52. 52. TRASH<br />Trash: The seed cotton<br />IndianTrash scenario is good.<br />Hand picked cotton in India has less trash as comparison to the machine picked cotton in USA, Australia, Uzbekistan and other countries. <br />
  53. 53. CONTAMINATION<br />Foreign content or impurity materials<br />e.g. Alien fibers, colored threads, cloth pieces, human hair, plastic films, paper bits, metallic objects, oil, grease etc. <br />Many of top Indian Varieties are most contaminated.<br />
  54. 54.
  55. 55.
  56. 56. State-wise Area under cotton<br />
  57. 57.
  58. 58. State Wise Production of Cotton for the Last Ten Years<br />
  59. 59.
  60. 60. State Wise Yield <br />
  61. 61.
  62. 62.
  63. 63.
  64. 64. Minimum Support Price for Indian Farmers (In Rs. per quintal)<br />
  65. 65.
  66. 66. Cotton Scenario in Punjab<br />
  67. 67. Punjab Cotton Specifications<br />
  68. 68. Cotton Co-operatives in Punjab<br />The Abohar Cooperative Cotton Marketing & Spinning Mills Ltd.<br />The Goindwal Cooperative Spinning Mills Ltd. Goindwal Sahib.<br />The KotkapuraCooperative Spinning Mills Ltd. Sandhwan.<br />The BarnalaCooperative Cotton Marketing and Spinning Mills Ltd.<br />The BathindaIntegrated Cotton Ginning & Spinning Mills Ltd. Bathinda.<br />The Mansa Cooperative Spinning Mills Ltd.<br /> <br />
  69. 69.
  70. 70.
  71. 71. Area, Production & Yield of Punjab<br />
  72. 72.
  73. 73. Various Issues in Cotton Sector<br />Lack of irrigation facilities<br />Cotton contamination<br />Poor quality<br />Lack of infrastructure<br />Delayed Sowing<br />Monsoon Dependence<br />Poor Seed Quality<br />BT Cotton issue<br />
  74. 74. Contd…<br />Water Pollution<br />Soil Pollution<br />Pollution due to Lint<br />Child labor<br />
  75. 75. Government Initiatives<br />Technology Mission on Cotton<br />Instrument Based Quality Evaluation System<br />Integrated Cotton Cultivation (Icc) <br />Front Line Demonstrations<br />Technology Up-gradation Fund (Tuf) Scheme<br />Elimination of Export Quotas<br />Elimination of Credit Controls<br />Elimination of Cotton Control and Transport Orders<br />
  77. 77. SWOT Analysis of Indian Cotton Industry<br />
  78. 78. TITLE: “Trends of Cotton in India with special focus on Punjab with respect to Yield, Acreage, Production and Export.”<br />
  79. 79. Objectives of Study<br />To study the Growth Trend of cotton in Punjab.<br />To know the factors affecting the prices of cotton.<br />To study the export trend of raw cotton.<br />
  80. 80. RESEARCH METHODOLOGY<br />A research methodology defines what the activity of research is, how to proceed, how to measure progress, and what constitutes success.<br />Research Design: Descriptive research<br />Sampling:<br />Snowball Sampling<br />Cluster Sampling<br />
  81. 81. Universe: Totality of items in any field of enquiry. All cotton ginners & dealers who deals in cotton are the universe of study<br />Population: Total of items about which information is desired. All the cotton traders & ginners who deal in cotton in Bathinda are the population of the study.<br />Sample Unit: Every single individual cotton dealer & ginners who gave responses to me.<br />Sample Size: 20 Cotton traders & ginners.<br />
  82. 82. Source of Data <br />Primary source:<br />In primary data collection, person collects the data himself using methods such as interviews and questionnaires.Primary data is collected through questionnaires by visiting different cotton traders & ginners.<br /> <br />Secondary source<br />Secondary data is data that has already been collected by someone else for a different purpose.Secondary data was collected from journals and websites.<br />
  83. 83. Limitations of the Study<br />The study is limited due to time constraint.<br />The sample size is very small.<br />The respondents were too busy to response.<br />Language Barrier also limits the reach of the study.<br />Earlier balance sheets were not provided as the company was earlier a proprietor firm.<br />
  84. 84. Data Analysis and Interpretation<br />
  85. 85. Fig. 4.1 N=20<br />
  86. 86. Fig. 4.2 N=20<br />
  87. 87. Fig 4.3 N=20<br />
  88. 88. Factors affecting Production N-20<br />
  89. 89. Factors Affecting Prices: N=20<br />
  90. 90. Expected Attributes of Cotton: N=20<br />
  91. 91. Use of genetically modified cotton: N=20<br />Mean= 88/20= 4.4<br />S.D Disagree Neutral Agree S.A.<br />1 2 3 4 4.4 5<br />
  92. 92. Fig. 4.8 N=20<br />
  93. 93. Satisfaction to Govt. Set Prices N=20<br />Mean= 50/20= 2.5<br /> S.D. Disagree Neutral Agree S.A.<br />1 2 2.5 3 4 5<br />
  94. 94.
  95. 95. Demand of Cotton V/s Revenue: N=20<br />Mean= 79/20= 3.95<br /> S.D. Disagree Neutral Agree S.A.<br /> 1 2 3 4 5 <br /> 3.95<br />
  96. 96.
  97. 97.
  98. 98.
  99. 99. Findings<br />Induction of BT cotton in Punjab proved to blessings for Punjab cotton.<br />Labor cost is the major factor affecting the production of raw cotton.<br />Fiber length of cotton is also most sought out attributes by cotton purchaser.<br />Demand plays a major role in the setting the prices of cotton.<br />Current ban on cotton export is going to affect the cotton business.<br />
  100. 100. Contd…<br />INDIA: 2nd largest in Production, 2nd largest in Consumption, 2nd largest in exports but on 12th place in case of imports<br />PUNJAB: 5th in production, area & yield.<br />INDIAN COTTON exports continuously increasing & imports continuously decreasing.<br />
  101. 101. CONCLUSION<br />Cotton & Textile Industry being the second largest sector in Indian particular Punjab plays a very important role in export of cotton, as introduction of BT cotton proved to be a boon for the cotton producers. The Fiber length of the cotton plays an important role in the market as its demand is more by the purchaser resulting in day to day increase in prices of essential things and the labor cost is affecting the cotton production now.<br />