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Kanva Has Got A Good Reputation As An Industry Leader in Their Services
Kanva Has Got A Good Reputation As An Industry Leader in Their Services
Kanva mart is a leading manufacturer and marketer of private products for men, women and
children. Since 1999, they have continually serving to create products that are comfortable and
high quality. They are specialised in manufacturing of shirts, trousers, T-shirts, Jeans, Casual
wear. And the Ladies wear, Kids wear, Belts etc. They have established a strong foot hold in
Karnataka with 35 marts in operation; about also they have 100+stores in Karnataka and also
they are planning to expand across India.
The retail stores are serving to the domestic markets and fulfilling the requirements of all types
of age groups and genders. In the year 2007 they have changed the name from Kanva fashions
into Kanva mart. The director ofKanva Group was Mr. N.Nanjundaiah. Kanva become founded
in 1999; it became based by a younger and visionary Mr. N.Nanjundaiah 26 years old and
shaped. The preliminary investment is to understand the not possible dream and difficult work.
Today, 14 years in the past he noticed the dream is growing on the road, every year to extra than
3,000 people to provide employment possibilities. Kanva Group is one of the fine acting
organizations in Bangalore. They are currently doing business in Karnataka, Andhra Pradesh and
other components of India. Our goal is to offer fine service, low-priced charge and patron
pleasure to our business partners and valuable clients.
Kanva has earned a great popularity as an industry chief inside the services it offers, and could
make bigger its products over the following few years. Kanva intends to use the corporation as a
qualitative analyst for the market's reputation as a leading innovator of technology-based totally
tasks. This will see the enterprise seeking to acquire extra marketplace proportion for excessive-
cease progressive clients.
CHAPTER 2
ORGANIZATION PROFILE
CHAPTER 2
ORGANIZATION PROFILE
The retail industry in India is placed in the Fifth largest sector globally. Retail industry as two
forms they are Organised and Unorganised sector. In India fastest growing industry is Indian
retail industry from the past few years. In Indian economy retailing is one of the main pillar.
From the past few years the retail sale in India is covering around 35-38% of GDP, but the US is
around 20% of GDP is comparatively less from India.in the initial stages, the retail industry is
one of the unorganised sector, but the tastes and preferences of the customers changes
automatically the manufacturing industry is getting more fashionable in the present days and
arriving to the organised sector as well. But nowadays the market is becoming more demand, and
the industry is predicted to grow at the pace of 25-30% annually. According to the news of
present scenario of 2017 that, the Consumer Price Index -CPI or Retail Inflation is raised by
3.365% in the month of August in a year. As per the research this inflation hits the five month of
high. The government of India as showed the current rate of inflation is the highest from the past
one year the rise is driven on highest clothing or apparel prices. This is one of the remarkable in
the future days, this makes the important year for the retail industry. This Consumer Price Index
was raised in the last year in the month of August only the retail sector of CPI was raised by
5.05%. This is one of the footprint for the industry to do more with enthusiastic and makes the
India proud on the retail sector. This is the brief background on retailing industry and their
growth in the past as well as in the present situation.
NATURE OF BUSINESS
A fashion forwards favourite, Kanva mart in Kuvempunagar is the right choice to add some
fashionable casual wear to your wardrobe. The collection is wide panned, trendy and high on
quality, making it a great spot for you next shopping spree. You can find interesting pieces here,
all at prices that will not cause a dent in your pocket.
Kanva mart is a leading manufacturer and marketer of private label products for men, women
and children. Since its inception in1999, the company has continually strived to create products
that follow a body- before-fabric philosophy, placing equal emphasis on comfort, aesthetics and
quality.
With a view to provide the total benefit to the end user retails wing ofkanva took birth and
popularly known as kanva mart. Kanva mart is a retail wing of kanva Fashions Ltd. It has
established a strong foot hold in Karnataka with 31 marts in operation, about 30 in pipeline for
Karnataka and is expanding across India. The retail stores are catering to the domestic markets
and fulfilling the requirements of all age groups and sexes. The group is in all intention to
expand the same globally and cater to the international market as per its requirements. The
targeted store count in India is 500 and about 1000 stores globally. The main areas of
concentration for retail stores globally would be Europe, USA and Australia. Stores in South
Korea and USA are operational.
The company has also registered itself in about 21 countries in Europe, USA, and South Korea
and also in Australia for its retail operations.
Mission Statement: We will become the most admired and responsible Company delivering
sustainable value by
II. Safe execution of tasks with predictable benchmark pleasant, price and time
Buying
KANVA Mart will purchase the goods from their own production unit and they will sell to the
customers.
Warehousing and storing
After the goods supply to the shop they will store in the warehouse and store the goods. Because
if the goods are shortage then they can utilize the reserved goods kept in the warehouse.
Selling
KANVA mart main purpose to sell and satisfy the customers ‘needs and wants and provide the
good quality of products.
Credit Facilities
The company also provides the credit facilities for the regular and loyal customers. This makes
the customers will increase and they can earn the customer loyalty.
Risk Bearing
Risk is one the functional factor in the organization. Because the store manager as a
responsibility of store is very important and keep the customers happy and the store neatness is
very important.