PROJECT REPORT ON INDUSTRIAL VISIT (Punjab) SUBMITTED BY

ROLL NO
11 32 39 40 41

NAME
PRIYANKA GUPTA KHUSHBOO SINGH BABITA YADAV RITU SINGH MARIYAM QURESHI

SEM VI, T.Y.B.M.S Under the Guidance of Mrs. Bayshi panikar.

Submitted to University of Mumbai in partial fulfillment of the requirements for the Award of Degree of BACHELOR OF MANAGEMENT STUDY

PATUCK GALA COLLEGE OF COMMERCE & MANAGEMENT SANTACRUZ (E), MUMBAI-400055

2013-2014

CERTIFICATE

This is to certify that the project entitled INDUSTRIAL VISIT (Punjab) is true and satisfactory work done by students of T.Y.B.M.S, Roll No.11, 32 39 40 and 41 .The project report is submitted to University of Mumbai in partial fulfilment for the requirements of the award of the degree of Bachelor OF Management Study for the academic year 2013-2014.

-------------------------------Signature of Project Guide

------------------------signature of External Examiner

----------------------------------Signature of the Coordinator

-------------------------signature of Principal

College seal

DECLARATION

we, student of Patuck Gala College Of Commerce & Management ,T.Y.B.M.S (Sem vi) hereby declared that I have completed the project on INDUSTRIAL VISIT (Punjab) in the academic year 2013-2014. The subject matter contained in this project is a research work and most of the work carried out is original and was done under the guidance of my project guide Mrs. Bayshi panikar. The information submitted is true and original to the best of my knowledge.

----------------------------Signature of the students

ACKNOWLEDMENT

It is my earnest and sincere desire and ambition to acquire profound knowledge in the study of .I have had considerable help to advice at very outset of this project. It my pleasure to acknowledge the help and guidance that I had received from that personnel and to thank them individually. First of all, I express my sincere thanks to Dr. (Mrs.) MeetaPathade, I/C Principal for having given me a chance to undergo the project work. Secondly I convey my sincere thanks to the Course Coordinator Ms. Bayshi Panikar for her valuable suggestions and co-operation which helped me to complete the project successfully. The compliation of the project is milestone in life of the management students and its execution is inevitable without the co-operation of the project guide. I am deeply greatful to my project guide Ms. Bayshi Panikar for his valuable ideas, required suggestions and encouragement for refinishing this project study. Finally I thank all the staff members and my friends for their valuable support and contribution to my project.

INTRODUCTION ON

The Winsome Group put down its roots with a trading company in Calcutta in 1952. With an eye on increasing business opportunities being offered by the textile industry, Winsome established a spinning unit at Baddi in Himachal Pradesh in 1980. Since then our textile ventures are:

WINSOME TEXTILE INDUSTRIES LTD WINSOME YARNS LTD ( 100% E.O.U.)

50,000 Spindles 9,500 kgs per day of fibre/yarn dyeing 1,10,000 Spindles

All our spinning units are equipped with latest machinery from Reiter, Lakshmi, Schlafhorst and Murata. Special stress has been given to minimise contamination, both at pre-spinning and post-spinning stages by adding machines like Vision Shield in Blow Room and Schlafhorst338 with LOEPFE - 9001 (SIRO CLEANER) Contamination Control Channel at winding stage. The dye house is a fully imported plant with precision winder from SSM, dyeing vessels from Cubotex, hydro extractor from Galvanin & R/F dryer from Stalam. We can develop any shade in Melange / package dyed / fiber dyed yarns here.

FACILITY
It is our continuous endeavor to produce good quality yarn consistently in accordance with the internationally acceptable yarn parameters. We are equipped with most modern production facility to meet our goals. Spindles Blow Room 100,000 Rieter, Lakshmi - Vision Shield for contamination control in Natural Yarn - Uniblend for Melange Yarns Card Rieter Draw Frame Rieter, Lakshmi Comber Rieter, Lakshmi Speed Frame Lakshmi Rieter Ring Frame Lakshmi Rieter Murata, Schlafhorst with LOEPFE Winding Contamination Control Channel Doubling Ring doubling & TFO Humidification LUWA Precision SSM Winder Dyeing Vessels Cubotex Hydro Galvanin Extractor R/F Dryer Stalam

INTERNATIONAL
With spindlage capacity of 1,00,000 and dye house with capacity to produce 9500 kgs per day of dyed yarn & fibre we can ensure regular supply of yarn throughout the year. We have experience to understand and are well equipped to meet our customers requirement. Some of the salient features are :Most Modern Lab equipped with latest shade and sample developing machines for quick sampling and shade matching as per customers requirement. Deliver small and large lot sizes quickly as per requirements. Quick response time and ability to deliver yarn customised to client's requirement. There are traders in U.K. who maintain stock of selected shades and counts for quick delivery in Europe. Availability of EEC quota for shipments to Europe.

QUALITY

Improving and maintaining quality of our products is of paramount importance. To ensure consistent supply of good quality yarn, we follow a comprehensive quality control management system. We have well equipped laboratories for fibre & yarn testing and colour matching & testing.

Quality Management System ISO 9002 Foreign Matter Manual sorting Contamination Vision Shield in Blow Room Siro Cleaner in winding stage Fibre Quality HVI AFIS Yarn Quality Uster Tester 3 UsterTensorapid 3 Classimat II Twist Tester UsterAutosorter III Colour Matching Data Colour Winding SSM precision winders Environment Management ISO 14001 (for Winsome Textile Indus. System Ltd.)

COMPANY PROFILE
WINSOME KNITWEAR

We introduce ourselves as WINSOME KNITWEAR ,a unit of WINSOME GROUP ,an established and renowned yarn manufacturing company in India. The yarns produced are being used in knitting and weaving for renowned brands in India and abroad.

WINSOME KNITWEAR has been set up to produce quality garments with high technical value with the latest machinery from Japan and Italy.

Our objective is to bring together the various processes of spinning , dyeing , designing and garment knitting under one integrated head to enable quick lead times , removal of dye-lot minimums for high premium yarns and at the same time use up our R & D at the mills for new yarns , blends and spinning techniques . We can produce yarns and knitwear using various fibers such as Cotton, Viscose, Polyester, Nylon and also luxury fibers such as Silk, Linen, Modal, Wool and Cashmere. Some of the new blends that we have tried at our end are Cotton/Linen/ Viscose , Viscose/Cotton , Cotton/Cashmere , Silk/Cotton , Cotton/ Elastane , Modal , and Modal/Cotton. Our production set up of knitwear enables us to offer small lot orders .

KNITTING SECTION
We have installed computerised machines in 12gg from SHIMA SEIKI (Japan) . The programming section consists of SHIMA SDS - ONE with the capability to quickly translate design ideas and concepts into knitting programmes for the quick turn around of sampling.

ASSEMBLY SECTION

We are using EXACTA (Italy ) linking machines and JUKI (Japan) Lock stitch , Overlocking ,Button hole , Button sewing and Flatlockingmachines.We also have the EXACTA - MasterOverlock machine which is used for linking and overlocking simultaneously and the EXACTA Quasar collar attaching machine which gives a superior finish to the collar. Our entire assembly is being done by specially trained girls from reputed professional institutes holding technical diplomas in their respective fields.

WASHING SECTION

We have washing machines from IPSO (Belgium) and Tumble dryers from Ramsons. FINISHING SECTION Our finishing machine is from MENTASTI (Italy) with stainless steel frames and lasers for consistent size finishing of the garments to maintain mesurements and high quality finish of the garments.

MANAGEMENT TEAM

Our management team is a group of young , dynamic and enterprising people headed by a foreign expatriate having the great expertise and experience of working in Italy, Britain, United States and Srilanka. The 10 Global Impact Principals as propagated at WINSOME GROUP

GLOBAL IMPACT Rising beyond mere rhetoric, our companies have evolved and embosomed within their sphere of influence, a set of immutable core values in the areas of Human Rights, Labor Standards, Environment and Corruption. We follow a policy of zero tolerance in these areas which are discussed in the succeeding paragraphs.

HUMAN RIGHTS

Our organization is committed in its support to and respect for the Internationally proclaimed human rights. This is regarded not merely as an issue of statutory compliance but as a benchmark specifying the lowest acceptable limits . There is no recruitment where the candidate doesn't produce a birth certificate. The organization takes due care that the age of the recruitee is verified from the Panchayat( village local body ) or the municipal authority of the respective area . In the current year there were 121 recruits but only 109 actually joined as they were found to be above the

lower age limit i.e. above 18 yrs , 12 of them were rejected as their certificates were not found to be in order. We encourage long-term association with our employees and do not believe in "Hire and Fire "policy. Child labor is a taboo for our organization. The organization continuously evaluates itself viz- a- vizit's own policies with regards to human rights apart from internationally proclaimed human rights. We have an explicit policy that ensures our contractors do not violate the Child Labor statute. They are required to submit their reports under various Labor laws and factory's act and also that they work in accordance with the laid down working standards. LABOR STANDARD

Our business not only upholds the labor standards set by ILO as a statutory requirement but also considers them as an ethical issue for the organization. The company has the strict policy that there shall be no discrimination in respect of employment on occupation of extraneous and irrelevant factors like caste, color, creed, sex and place of residence etc. Merit is overriding criteria in employment as well as for promotion, with due regard to seniority. The women workers are trained in the technical as well as non technical aspects with due consideration to the appropriate technology and skill right fit to the job. The safety of women worker is ensured, there is pickand-drop facility for the women worker from their homes to the workplace. Beside this, the shifts are managed on the time basis and the women workers enjoy the liberty of the shifts comfort, working as per time in compliance to that set by the Factorys Act 1948. Our organization has highest regards for the laws relating to abolition of child labor. We strictly follow the minimum age

prescribed under Indian Factories Act i.e. 18 years duly verified from their certificate before they are lawfully employed. We also carry out survey of our vendors or customers and do not deal with them if they employ or encourage Child Labor. On the other hand, we have made special arrangement for the education of the work force by keeping them engaged in the extra curricular and sport activities and they are encouraged to participate in in-house sports . The Trade Union of our workmen has been got registered under the appropriate law, at the initiative of management. While this has kept the outside interference to minimum at the same time it has afforded the legitimate and democratic body to our workforce, to negotiate with the management on all the relevant issues. With the upcoming of twofold collective bargaining and trade unions, the joint councils and quality circles have been promoted. This has resulted in the Workers Participation in Management and a cordial working environment.

ENVIRONMENT

Keeping our objectives and environment policy into consideration, we continue to comply with all relevant environmental legislations and regulations as applicable to our organization. Continuous efforts are made for the prevention of pollution and protection of environment by conserving natural resources such as water, petrol, diesel and raw material. Innovative practices have been adopted to improve environmental performance and have also catalyzed the induction of new and better technology. Our objectives are reviewed and reset to improve upon our past performance. Being an ISO certified organization( Environment Management System ) it is our endeavor to get our system audited by the certifying agency i.e. Bureau of Indian Standards who also carry out internal Audits to

ensure that we comply with the laid down procedures. Any nonconformity reported is rectified immediately. The following objectives have been achieved during the year: 1. Water pollution Proper disposal of waste water generated from canteen which was earlier directly going into open drains is now being re-treated through the Effluent Treatment Plant ( ETP). Thus the waste water is now treated and used for gardening. 2. Land Contamination The company has taken measures for the prevention of land contamination by minimizing the chances of spillage of Hydro Chloric Acid during the process of shifting to dye house from the Hcl Storage tank. Precautions and preventive measures are adopted while pumping the Hcl to overhead Hcl storage tank with the aid of a mechanical pump manufactured especially for this purpose. By adopting this measure we have been able to reduce the spillage from 5% to 2%. Thus saving a useful commodity and also leading to prevention of land contamination. For safety and security, personnel handling Hcl are provided with personal protection equipment (PPE) such as goggles for eye protection, special gloves and shoes. To safeguard the workmen from acid burns which may be caused by accidental fallout of Hcl, special showers have been established near the working area. 3. Air Pollution Control Air pollution is the major problem of any manufacturing concern. Our organization aims at minimizing this problem by improving the technology, so that the employee related and the environmental hazards are controlled and at the same time prevented. For this, there is proper

channel of measuring the ambient air on regular basis. Following results have been achieved. National Ambient Air RESULTS Pollutants Quality ACHIEVED Standards(NAAQS) 1994 PM SO2 NOX
CO ppm

500 g/m3 120 g/m3 120 g/m3

10.0 g/m3

372.4 mg/m3 22.8 mg/m3 9.89 mg/m3

19 mg/m3

TEST METHODS USED IS : 11255 P 1/3 IS : 11255 P-2 USEPA 40 CFR/CPCB method
KM-900 Hand held combustion Analyser

To reduce noise pollution, the machinery is upgraded/replaced and the noise level is well within the permissible limit laid down under Factorys Act 1948. Further to avoid any ill- effect due to air and noise pollution the workers have been provided with facemasks and earplugs. 4. Chemical pollutant at Dye House The chemical pollutant is the most hazardous one to the environment and to the human life. In our organization, dyeing of cotton fibre involves consumption of significant quantity of water, dyestuff, and auxiliary chemicals, in thermal environment that generates a considerable amount of liquid effluent, which effect the ecology. For this the organization has taken following measures: a. The unit has implemented a scheme on energy and water management by introducing and using sophisticated process machinery with low M/L ratio so as to reduce the quantity of effluent generation.

b. Environmental management schemes on the production, so as to reduce the re-processing to a virtual zero level. c. Partial recovery of water, energy and chemicals wherever possible, for intra-process recycling / utilization. d. Adaptation of suitable end of the pipe technology. By introducing the above measures, we have achieved the following results in our Effluent Treatment Plant: ETP INLET PARAMETER OUTLET PARAMETER DILUTE(mg/l) CONCENTRATE(mg/l) DILUTE(mg/l) CONCENTRATE(mg/l) COD 300-600 1000-1500 40-60 100-150 BOD 150-170 200-250 2-6 10-18

CORRUPTION

Our Organization has a Zero Tolerance Policy towards Corruption. We do not believe in paying illegal gratification to any official or nonofficialfunctionary even when it promotes our business interests. This policy is followed strictly within the company . Similarly, we do not extend any benefits to our suppliers where it is found that they offer kick backs. In fact such parties are blacklisted, if they are found to making such offers. To us, at Winsome , corruption is an ethical & moral issue on which there can be no compromise even if some commercial gain of the company are forseen. We would rather abandon even the lucrative projects rather than succumb to pressure for payment of illegal gratification.

VARDHMAN
Vardhman Group is a leading textile conglomerate in India having a turnover of $1009 mn. Spanning over 25 manufacturing facilities in five states across India, the Group business portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and Alloy Steel. Vardhman Group manufacturing facilities include over 10,48,160 spindles, 450 metric Tons per day yarn and fibre dyeing, 1300 shuttleless looms, 115 mn meters per annum processed fabric, 34 tons per day sewing thread, 20000 metric tons per annum acrylic fibre and 1,20,000 tons per annum special and alloy steel. Vardhman has evolved through history from a small beginning in 1965 into a modern textile major under the dynamic leadership of its chairman, S.P.Oswal. His vision and insight has given Vardhman an enviable position in the textile industry. Under his leadership, Vardhman is efficiently using resources to innovate, diversify, integrate and build its diverse operations into a dynamic modern enterprise.

The group portfolio includes Yarn, Fabrics, Sewing Thread, Fibre and Alloy Steel

Mission
Vardhman aims to be world class textile organization producing diverse range of products for the global textile market. Vardhman seeks to achieve customer delight through excellence in manufacturing and customer service based on creative combination of state-of-the-art technology and human resources. Vardhman is committed to be responsible corporate citizen.

Holdings
Vardhman Holding Limited Vardhman Textiles Limited Vardhman Acrylic Limited

VMT Spinning Company Limited Vardhman Yarns and Threads Limited Vardhman Special Steels Limited Vardhman Nisshinbo Garment Company Limited VTL Investment

History
Products Cotton Yarn Organic Cotton Yarn Fair Trade cotton Yarn Organic Fair Trade Cotton Yarn Ellitwist Vortex Yarn Slub Yarn Acrylic Yarn Poly -Cotton Yarn Acrylic - Cotton yarn Special Blended Yarn Core Spun Yarn Melanges Gassed Mercerised Modal Yarn Tencel Yarn Viscose Yarn Hand Knitting Yarn Speciality Yarn

Machinery Preparatory- Reiter, Trutzschler Pre-Spinning- Reiter, Cherry Hara, Toyoda. Spinning- Lakshmi Reiter, Kirloskar Toyoda Post Spinning- Schlaforst, Murata Doubling- Volkman, Leewha, Vijaylakshmi

Integrated Yarn Dyeing Unit

1994 has witnessed a milestone toward our mission, to supply value added product i.e. cone and fibre dyed yarn and tops. A fully integrated dye house plant with technology from Nihon Synmo, Japan, the leader in dyeing technology in the world, emerged on the landscape of Vardhman. With setting up of this new dye house, the installed capacity to process has increased to 42.5 tons of Yarn and 13 ton of Fibre per day. Technological Collaboration with Nihonsanmo, Japan. Dyeing Capacity:Fiber Dyeing 13 tons per day Yarn Dyeing 42.5 tons per day Facility of dyeing a vast range - 100% Cotton, P/C Blends, Cotton/wool, Cotton / Viscose, Acrylic/cotton, 100% acrylic. Lot Size Flexibility

Operations

Revenues Results fall in 5% to 15% of User standards, achieved through:

Proper selection of Raw Material World class Pre-spinning and Spinning Facilities Technical Know How Human Skills 100% Quality Assurance System

LS Industries Ltd. is a diversified company listed on the Bombay stock-exchange BSE: LSIND, involved in manufacturing, logistics, distribution and property development in India, Middle East and SoutheastAsia. LS Industries acquired the EZY Group of companies in 2010 to tap the Global Network and Manufacturing operations. Today LS Industries has over 100 offices in 25 countries across 5 continents with Revenues well over USD 500 million. We employ a culturally diverse force of over 2000 people speaking 42 languages in over 30 countries.

MANUFACTURED PRODUCT

LS Industries has four major manufacturing units worldwide situated in Singapore, Nalagarh , Himachal Pradesh - India, Dubai and Colombo SriLanka. Due to the expansion, consolidation and fast growth of the common economic zone of CIS markets, we have now setup a new 1 Million plus Square Ft Assembly facility in Uzbekistan under the regional development scheme provided by the Uzbekistan government where we will assemble Desktop, Notebook, Computer Monitor etc, and LCD TVs , DVD, Speaker etc and other Consumer Electronic Products both for Branded and OEM manufacturers and ship these into the other markets within this common economic zone. We use EMS ( electronic management services ) for Kitting, Assembly, Integration, SW Loading & Testing which gives us both technical edge and precision over other. We also provide Compliance & Certifications such as WHQL,EMC,ROHS,CE,FCC,UL and many others. The OOBA, ORT, Incident Quality Review further enhance this process. All our manufacturing facilities have automated packaging plants with four color printing facility, and EPE. As we support green technology, we also provide Level 4 repair and refurbishing facilities for goods that have been discarded but are still within usable life and condition.

India (Himachal) Manufacturing Facility

Singapore Integrated Logistics Hub & Assembly Plant

UAE Integrated Logistics & Manufacturing Hub

Sri Lanka Manufacturing Facility

Textile and Others

LS Industries Textile division has over 1 Million sq feet World class Manufacturing facilities , equipped with state-of-the-art World class machinery. LS Industries has a Fully Integrated Facility from Design Development Centre, to Manufacturing to Packaging and Distribution. It is. All the intermediate processes are done in house under controlled conditions. Our main factory is situated in a Fully Tax Exempt Zone under State and Indian Federal Laws. The Factories are eligible for all Concession which the Indian Government ahs with other Countries / economic zones like SAFTA, CECA etc. Our facilities are fully compliant with all International Standards on Environment, Human resources working conditions, Health and Safety and we support Conservation of natural resources. We have developed green zones in and around the plants and offices and comply with applicable environmental laws, rules and regulations. We facilitate reduction in waste generation and its proper disposal and provide for a safe and healthy environment at the workplace for employees and visitors. We are an equal opportunity employer and comply with applicable Labor law & Prevention of Child Labor. Our plant and organization is certified with WRAP and ISO 14001 and OHSAS 18001 standards .

DISTRIBUTION

Our distribution business is spread over 25 countries with operations in over 100 locations worldwide, we cover all 5 continents and are in market leading position in Emerging Markets like India, Pakistan, Srilanka, Vietnam, Bangladesh etc. We have one of the most Competitive and Cost efficient Model in Developed countries like USA, Europe, Korea etc and have demonstrated value to the vendors we work with. DIVERSE PRODCUCT BASKET & VENDOR BASE : We are a Master Distributor for almost all Major Technology MNCs in various countries including HP, Intel, Microsoft, Acer, WD, SAP, etc. We are also a Master Distributor for leading Consumer Electronic Brands including Samsung, Fuji, Benq, Xerox, etc. Our general merchandising Portfolio of High Margin Products includes Toys, Textiles, Liquor, Paper, Foods, Houseware, Automobile, Lighting,

Commodities, Packaging, FMCG and many other diverse product ranges. CULTRAL DIVERSITY : We are amongst one of the most culturally diverse companies in the world and employ local Staff & management in every Country where we have operation . We employ well over a 1000 Culturally diverse people speaking 42 languages including Germans, Koreans, Croatians, Polish, Latin, American, Indian, Srilankans, Vietnamese, Filipino's , Americans and many others. DIVERSE & GEOGRAPHICALLY SPREAD CUSTOMER BASE : We distribution channel reaches over 30,000 business customers who in turn sell to over 25 million consumers directly. Some of our customers include major retail chains in USA, Europe, Asia including Walmart, Dixons, Tesco, Carrefour, Media Markt, NTUC, Amazon, Office Depot, Lotto, etc.; System Integrators like Acer, HCL & Buffalo, etc; & Wholesaler in developing countries who address hundreds of Cities. COMPETITIVELY POSITIONED We are amongst top 10 technology distribution companies worldwide, and amongst Top 3 in 10 Countries in Asia. We are highly capitalized with the lowest Debt ratio in Distribution Industry (Gearing of 0.1), almost no external long term borrowing at all. Our average cost of operations in Distribution is around 50% lower than the Industry standard.

Geographical Presence

5Continents, 25+ Countries, 100+ offices

Corporate Structure & Control