Summer Training Seminar

Conducted on VSGM ltd.

Ludhiana

Presented by
Y Rohen Singh
MBA 2A
 Textile Industry

 Introduction
 History and growth
 Indian textile industry
 Government initiatives
 Textile sector after recession
 Indi a's Ex po rts of Texti le
Pr oduc ts
Exports in April- Exports in April- Share in  Share in 
  Dec 2006-07  Dec 2007-08  April-Dec  April-Dec 
(US$ Mn) (US$ Mn) 2006-07 (%)  2007-08 (%)

Cotton Textiles 3092.28 3375.63 28.17 28.12

Manmade Textiles 1605.76 2075.85 14.63 17.30

Woolen Textiles 63.07 64.47 0.57 0.54

Cotton Garments  4908.63 5184.66 44.72 43.20

MMF Garments 712.89 621.02 6.49 5.17

Woolen  Garments 273.35 286.03 2.49 2.38

Garments Of Other 
321.62 394.43 2.93 3.29
Textiles 

Total Exports  10977.60 12002.60 100.00 100.00

Corporate Profile
Vardhman Spinning & General Mill Ltd.

 History
Holdings of Vardhman Textile ltd.
Logo of the company
The “fla me ” signifies growth

The “Stick ” symbolizes the core

product of Vardhman, i.e. cotton

The “V” stands for

Vardhman group.
 Mission statement
Var dhman aims to be world class textile organization
producing diverse range of products for the global textile
market. Var dhman 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. Var dhma n is
committed to be responsible corporate citizen.
 Organization Philosophy
 Faith in bright future of Indian textiles and hence continued
expansion in areas "which we know best".
 Total customer focus in all operational areas
 Products to be of best available quality for premium market
segments through TQM and zero defect implementation.
 Global orientation targeting - at least 20% production for
exports.
 Integrated diversification/product range expansion
 World class manufacturing facilities with most modern R&D
and process technology.
 Faith in individual potential and respect for human values.
 Encouraging innovation for constant improvements to achieve
excellence in all functional areas.
 Accepting change as a way of life
 Appreciating our role as a responsible corporate citizen.
Organization chart
 Board of Directors
 Sh. Shri Paul Oswal Chairman & Managing Director
 Sh. Arun Kumar Purwar Director
 Sh. Ajay Kumar Chakraborty Nominee Director
 Sh. Sachit Jain Executive Director
 Smt. Suchita Jain Executive Director
 Sh. D.L Sharma Director
 Sh. Vinod Kumar Saxena Nominee Director
 Dr. T.N Kapoor Director
 Sh. Prafull Anubhai Director
 Sh. S.K Bansal Director
 Sh. S.K Bijlani Director
Portfolio
 Market Position of Vardhman
 Largest Spinning capacity in India - over half a million spindles.
 Largest producer of Cotton, Synthetics and Blended yarns in the
country.
 Largest Dyeing Capacity of Fiber and Yarn.
 Largest Exporter of Cotton Yarn.
 Market Leader in Hand Knitting Yarns in India.
 Largest range of Textile products.
 Second largest producer of Sewing Thread in the country.
 Collaborations with specialist worldwide.
 ERP (Enterprise Resource Planning) enabled solutions for online
order tracking
 Global alliance
Product/Process Global Partners
Fabric Dyeing and Finishing Takai, Senko, Japan

Fibre and Yarn Dyeing Nihon Sanmo Dyeing

Corporation Ltd., Japan
Gassed Mercerized Yarnsa Kyung Bang, South Korea

Sewing Thread American & Efrid Inc., USA

Acrylic Fibre Marubeni Corporation &

Japan Exlan, Japan
 Dep art men ts of VSGM
 Group corporate office
 Finance department
 Personnel & HRD department
 Raw material & commercial department
 Secretarial department
 MIS department
 Internal audit department
 Projects department
 SWO T a naly sis of VSG M
Strength:
 Good brand
 technological base with foreign
collaborations
 High quality standards & High
production capacity
 Own research & development centre
 Weaknesses:
experienced & well qualified
professionals  Comparatively high prices
 poor after sale services

 Lesser degree of promotional

activities
 Change in consumer preference
Opportunities
 Expansion of Acrylic Fiber Industry

market
 Acrylic Fibre is an effective substitute of

wool due to its relative affordability.

 Increase in demand of Acrylic Fibre in

India. 
 Exports Threats
of Textiles from India have high
growthpotential.
Smaller players, companies and MNC’S are
entering Ludhiana market.
 Growing competition from yarn and fabric

producing units in the unorganized sector.

 Reduction in custom duty on import of AF

may lead to increased competition for

domestic AF manufacturers.
 Threat of volatility in the prices of imported