Professional Documents
Culture Documents
08 - Chapter 01
08 - Chapter 01
08 - Chapter 01
CHAPTER - 1
INTRODUCTION OF TEXTILE INDUSTRY
1.1 INTRODUCTION
1.2 INDIAN TEXTILE HISTORY
1.3 MEANING AND DEVELOPMENT OF TEXTILE
INDUSTRY IN GUJARAT
1.4 HISTORY AND DEVELOPMENT OF TEXTILE
INDUSTRY
1.5 NEEDS FOR TEXTILE IN INDIA
1.6 GOVERNMENT POLICIES FOR THE TEXTILE
INDUSTRIES
1.7 GROWTH OF TEXTILE INDUSTRY IN INDIA
1.8 CHALLENGES FACED BY INDIAN TEXTILE
INDUSTRY
1.9 INTRODUCTION OF SELECTED TEXTILE UNITS
1.10 REFERENCE
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CHAPTER -1
INTRODUCTION OF TEXTILE INDUSTRY
1.1 INTRODUCTION
The Indian textile industry is one of the largest in the world with a
massive raw material and textiles manufacturing base. Our economy is
largely dependent on the text earnings retile manufacturing and trade in
addition to other major industries. About 27% of the foreign exchange
earnings are on account of export of textiles and clothing alone. The
textiles and clothing sector contributes about 14% to the industrial
production and 3% to the gross domestic product of the country. Around
8% of the total excise revenue collection is contributed by the textile
industry. So much so, the textile industry accounts for as large as 21% of
the total employment generated in the economy. Around 35 million people
are directly employed in the textile manufacturing activities. Indirect
employment including the manpower engaged in agricultural based raw
material production like cotton and related trade and handling could be
stated to be around another 60 million.
A textile is the largest single industry in India (and amongst the
biggest in the world), accounting for about 20% of the total industrial
production. It provides direct employment to around 20 million people.
Textile and clothing exports account for one –third of the total value of
exports from the country. There are 1,227 textile mills with a spinning
capacity of about 29 million spindles. While yarn is mostly produced in the
mills, fabrics are produced in the power loom and handloom sectors as
well. The Indian textile industry continues to be predominantly based on
cotton, with about 65% of raw material consumed being cotton. The yearly
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output of cotton cloth was about 12.8 billion m (about 42 billion ft). The
manufacture of jute products (1.1 million metric tons) ranks next in
importance to cotton weaving. Textile is one of India’s oldest industries
and has a formidable presence in the national economy is as much as it
contributes to about 14per cent of manufacturing value addition, accounts
for around one-third of our gross export earnings and provides gainful
employment to millions of people. They include cotton and jute growers,
artisans and weavers who are engaged in the organised as well as
decentralised and household sectors spared across the entire country.
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listed the taxes to be paid by weavers. Among the textiles mentioned were
white bark cloth from Bengal, linen from Banaras, cottons from south
India, and several kinds of blankets, the best described as being slippery
and soft.
In ancient and medieval India the textile industries were politically
controlled, and if a ruler was favourably disposed towards the arts,
weaving prospered. Differentiation was made between the rural textiles
woven for the masses and those made in state workshops for royalty and
the well-to-do in other countries (Plate 48). The best workmanship was
found in the ritual hangings for temples, and even in modern times it has
been considered preferable to destroy worn ones rather than allow them to
fall into foreign hands.
Few good commentaries survive from the early medieval period
(900 - 1200 A.D.) when terms were used inconsistently. Fabric names
apparently represented the places where they were woven, and details
about weaving techniques were scanty.
The Muslim period in India extended from around 1200 A.D. to
1760 when the British took over. A succession of sultans controlled most
of India until Genghis Khan attacked early in the thirteenth century and
Tammerlane invaded in the late fourteenth. Marco Polo left detailed
accounts of the people and industries of the coastal regions of India in the
late thirteenth century. He mentioned seeing on the Coromandel Coast the
finest and most beautiful cloth in all the world-buckrams like the tissues
of spider webs, and he observed dyeing with indigo in the great textile
center of Cambay and spinning of cotton in Gujarat. Under the Sultan of
Delhi (1325-1351) price controls for food, cloth, and other commodities
were initiated to help fight inflation. A permit was required to buy silks,
satins, and brocades, and only the well-to-do were allowed to have
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them. The sultan employed four thousand silk weavers who made
robes of honour, hangings, and gifts of gold brocade for foreign
dignitaries.
Babur, a descendant of change his Khan, founded a new and
important dynasty, the Mogul, in 1526. A series of great rulers-the
greatest Akbar who ruled for the second half of the sixteenth century-
governed a glorious empire where the textile arts flourished until the late
seventeenth century. Some of the best accounts of Indian textiles were
written by European ambassadors to the Mogul courts. Fabulous horse
and elephant trappings, as well as the apparel, pillows, and wall hangings,
were remarked upon. A king always wore a garment but once. There
were marvellous gold brocades called kimhabs, or kincobs, from Banaras.
Writers proclaimed on the sheerness of Dacca muslins, called evening dew,
running water, or sweet-like-sherbert. Seventy-three yards, a yard wide,
weighed only one pound. By comparison, the finest Swiss cottons ever
made were at best sixteen or seventeen yards to the pound.
European settlements appealed in India in the latter part of the
Mogul period. Motivated by the desire to break the spice trade monopoly
held by Venice and the Arabs, Vasco da Gama found the sea route to India
by sailing around Africa in 1498, and by 1510 the Portuguese had
jurisdiction in Goa on the west coast of India. For a short time they
controlled the Asian trade by taking over the port of Malacca (near
Singapore), where they met trading junks from China. The Portuguese
carried pintados (painted cottons) east from India to trade for spices.
Indian textiles were more important to the Dutch and the English
than to the Portuguese. The Dutch East India Company was chartered in
1597, the East India Company in 1600. Their ships went first to India with
bullion to exchange for the cotton textiles that could be bartered for
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industry was established under the British Raj, Textile mills employed
thousands of people from across the state and the cotton garments
manufactured were exported across the world.
The prosperity of the industry was the mainstay of the city
economy, and Ahmedabad was accordingly termed the Manchester of the
East.
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The Indian textiles industry is unique and extremely varied, with the
hand- spun and hand-woven sector at one end of the spectrum, and the
capital intensive, sophisticated mill sector at the other. The decentralized
power- looms / hosiery and knitting sector from the largest section of the
Textiles sector.
The export of textiles and clothing totalled US$ 22.42 billion in
2009-10 FDI into the textiles sectors was US$ 956 million from Apr 2000-
2011, according to Department of industrial Policy and Promotion
statistics. Foreign direct investment (FDI) of up to 100% is allowed in the
textiles sector through the automatic route. The Ministry of Textiles has set
up an FDI cell at the Economic Division to attract FDI in the sector.
Additionally, the Government has taken various initiatives to promote the
growth of textiles industry in India. Some of these are technology up-
gradation fund scheme (TUFS), The scheme for Integrated Textile Park
(SITP) and Integrated skill Development scheme.
The vision statement for the textiles industry for the 11th five year
plan (2007-2012), inter-alia, envisages India securing a 7% share in the
global textiles trade by 2012.
The Indian textiles industry has enormous opportunities for domestic
as well as international investors given its consistent growth performance,
abundant cheap skilled manpower and growing domestic demand. With
time, India has surged ahead for other countries and positioned itself as a
value-added manufacturer with varied material base, an educated and
English-speaking classes of executive with high product development and
design orientation.
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productivity along with the quality of the raw materials. Special care is
also taken to curb the fluctuating price of raw materials. Steps have also
been taken to raise silk the international standard.
Preamble
The comprehend the purpose of textile industry that is to provide
one the most basic needs of the people and promote it’s sustained growth
to improve the quality of life. To acknowledge textile industry as a self
reliant industry, from producing raw materials to delivery of finished
products; and its major contribution to the economy of the country.
To understand its immense potentiality for creating employment
opportunities in significant sectors like agriculture, industry, organized
sector, decentralized sector, urban areas, rural areas specifically for women
and deprived.
To recognize the textile policy of 1985, which boosted the annual
growth rate of cloth production by 7.13%, export of textile by 13.32% and
per capita availability of fabrics by 3.6%.
To analyse the issues and problems of textile industry and the
guidelines provided by the expert committee set up for this specific
purpose. To give a different specification to the objectives and thrust areas
of textile industry. To give a different specification to the objective and
thrust area of textile industry. To produce good quality cloth for
fulfilling the demand of the people with reasonable prices to maintain a
competitive global market.
Thrust areas
Government of India is trying to promote textile industry by giving
emphasis on several areas of textile, which are as below:
Innovative marketing strategies Diversification of product
Enhancement of textile oriented technology Quality awareness
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US$ 115 billion by 2012. The clothing and apparel sector are expected to
grow at a rate of 21% in value terms.
1.7 GROWTH OF TEXTILE INDUSTRY IN INDIA
India ‘s textile industry is one of the economy’s largest. In 2000-01,
the textile and garment industries accounted for about 4% of GDP, 14% of
industrial out put, 18% of industrial employment, and 27% of export
earnings (Hashim). India, s textile industry is also significant in a global
context, ranking second to Chia in the production of both cotton yarn and
fabric and fifth in the production of synthetic fibres and yarns. In contrast
to other major textile- producing countries, mostly small-scale, non-
integrated spinning, weaving, cloth finishing, and apparel enterprises,
many of which use out dated technology, characterize India’s textile
sector. Some, mostly larger, firms operate in the “organized” sector where
firms must comply with numerous government labour and tax regulations.
Most firms, however, operate in the small-scale “unorganized” sector
where regulations are less stringent and more easily evaluated.
The unique structure of the Indian textile industry is due to the
legacy of tax, labour-intensive enterprises, while discriminating against
larger scale, more capital – intensive operations. The structure is also due
to the historical orientation towards meeting the need of India’s
predominately low-income domestic consumers, rather than the world
market. Policy reforms which began in the 1980s and continued into
the1990s, have led to significant gains in technical efficiency and
international competitiveness, particularly reforms that could enhance the
efficiency and competitiveness of India’s weaving, fabric finishing and
apparel sectors.
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Skills
Three issues must be mentioned here: (a) there is a paucity of
technical manpower-there exist barely 30 programmes at graduate
engineering (including diploma) levels graduating about 1000 student this
is insufficient for bringing about technological change in the sector. (b)
India firms invest very little in training it existing workforce and the skill
are limited to existing processes (Chandra 1998); (c) there is an acute
shortage of trained operators and supervisors in India. It is expected that
India firms will have to invest close to Rs.1400 billion by year 2010 to
increase its global trade to $ 50 billion. This kind of investment would
require by our calculations, about 70,000 supervisors and 1.05million
operators in the textile sector and at 1,12,000 supervisors and 2.8 million
operators in the apparel sectors (assuming 80:20 ratio of investment
between textiles and apparel). The real bottleneck to growth is going to be
availability of skilled manpower.
Cycle Time :
Cycle time is the key to competitiveness of a firm as it affects both
price and delivery schedule. Cycle time reduction is strongly correlated
with high first pass yield, high throughput times, and low variability in
process times, low WIP and consequently cost. Indian firms have to
dramatically quite high (Chandra, 2004), Customs must provide a
turnaround time of ½ day for an order before Indian firms can they expect
to become part of larger global supply chains. Indian firms need a strong
deployment of industrial engineering with particular emphasis on cellular
manufacturing.JIT and statistical process control to reduce lead times on
shop floors. Penetration of IT for improving productivity is particularly
low in this sector.
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Products
Company manufactures PET Chips, polyester yarn and partially
oriented yarn. It also manufactures prepared polyester filament yarn –
draw warped, draw twisted, draw wound and draw texturized.
Under Fabrics, company manufactures fine filament and micro
filament polyester fabrics - georgette's, chiffon's, faille’s jacquards – both
dyed and printed – mainly used Polyester Saris and Dress Material. It has a
production capacity of 42 Lac meters per month of grudge fabric.
Future Prospects
Garden Silk Mills is expanding its draw twisting, draw warping and
polyester spinning capacities. The company is planning to increase the
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capacity by 300 TMD for the production of POY (partially oriented yarn)
and FDY (fully drawn yarn) in coming future.
Garden and Garden Vareli are the brand names of Garden Silk Mills
Limited, a company dedicated for more than 80 years to the design and
creation of high-quality textile prints, fabrics and textile intermediates for
consumers and businesses. Garden Vareli today is in the forefront of
modern Indian textile design by creating innovative products of exacting
quality and beauty, with the highest levels of customer service in the
industry.
The company’s products encompass the entire value chain in
textiles, specializing in the manufacture of polyester filament-based yarns,
textile-grade polyester polymer, and fashion fabrics for women’s outer
wear in polyester and pure cotton. The company is the largest seller of
branded saris and dress materials in India.
Garden Vareli has earned a long-standing reputation among
businesses and customers for its consumer-oriented professional culture,
ethical industrial standards and its state-of-the-art equipment and process
knowhow. It is widely regarded as one of the most sophisticated and
innovative fabric design houses in the country.
Garden Vareli’s network of 70 dealers and 90 retail shop coordinate
480 points-of-sale in India and worldwide. The company currently exports
to a rapidly growing list of more than 20 countries in Europe, the Middle-
East, Asia and North and South America.
Garden Silk Mills Ltd. is a publicly held company listed on the
major Indian stock exchanges. With current annual sales exceeding US
$550 million.
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Products
The company manufactures apparel fabric, knitted fabrics,
embroidered fabrics, polyester yarn, garments and home textiles. It has
also forayed into retail segment through its 100 percent subsidiary Alok
Retail (India) under the brand name H & A stores. Presently, the company
owns 32 stores.
The company also operates internationally through its acquired
entity Mileta located in the Czech Republic. Mileta is European major in
yarn dyed shirting, handkerchiefs and table linen, which specialises in
high-value premium products. Mileta, Alok together have created apparel
brand such as Mileta, Erba, Cottonova and Lord Nelson.
The company is also engaged in international retailing by taking
strategic stake in a UK based retail company Hamsard 2353, now known
as Grabal Alok (UK). The company has 218 stores under the brand name
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“Store Twenty One” that offers range of garments for women, men and
children and home ware and related accessories. Realty- It owns wholly
owned subsidiary, Alok Infrastructure which has receive contract to
develop 1700,000 square feet of premium office space in Mumbai.
Outlook
The company plans to open total 1,000 H&A retail store in the next
five years.
Table No. 1.2
Alok industry ltd Net sales
Years 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Net
sales in 564.96 792.5 1062.37 1229.33 1419.48 1825.11 2165.21 2973.45 4306.42 6384.29 8900.86
cor.
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2012. Starting years low sales after company efforts to sales Every year
Net sales increased Alok industry Ltd.
Subsidiaries:
The Laxmi Mills Company Limited has under its wing diverse
concerns that have made their mark in various fields- education, synthetic
machinery and support systems. The companies have contributed in a large
measure to the industry and to society.
Laxmi Automatic Loom Works Limited - Laxmi Automatic Loom
Works Limited (LAL) is the result of collaboration between Ruti and
Sulzer Brothers of Switzerland and Laxmi Mills. The company is an
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Table 1.3
Laxmi mill Ltd Net sales
Years 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Net sales in 164.55 173.86 143.34 149.57 154.19 145.45 103.32 106.56 136.77 175.65 149.42
croer
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spinning, shuttle less weaving and complete fabricshing range for woolen,
poly wool worsted and poly viscose fabrics.
Shri Dinesh Mill markets different products and its marketing setup
is divided for different product segments. At Shri Dinesh Mills Limited, it
has products for:-general consumers, menswear, and industrial consumers -
paper maker's felt industrial textiles Their definition for quality is 'As
perceived by customer'. They believe in up gradation of manufacturing
facilities, quality development and management process besides
development of human resources. The company fabrics go through a series
of hot and cold processes with the use of special detergents, softeners and
other specialty chemicals. These impart a permanent feel, and form to the
fabric which will endure years of exposure to the atmosphere and other
factors like washing, abrasion, stretch, body sweat A Study of Productivity
and Financial Efficiency of Textile Industry of India32etc. Suiting Fabrics
manufactured by it find their way to the consumers' wardrobe via a
network of multi brand outlets spread across the country and also in form
readymade apparels from the fabrics supplied by it to all major garmenters
throughout the country and even abroad.
Product Range of the be offered on specific request Suiting Fabrics
-Suiting Fabrics are an integral part of the fashion industry To satisfy the
demands of every discerning consumer, we have a vast range of weaves
like plains, twills, gabardines, hopsack, barrathea, satins, herringbones and
other fancy fabrics, woven in vibrant colours which are inspired by every
fact of the universe from the sky to the seas, the forests, the mountains and
every awe-inspiring facet of mother earth. For International market it has
been manufacturing and exporting worsted fabrics to various overseas
markets since last 30 Years. It maintains the highest standards of quality to
meet the requirements of its A Study of Productivity and Financial
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Graph No1.4
The above mentioned Table No.1.4 and Graph No. 1.4 indicted Shri
Dinesh mill Ltd Net sales in crore selected study year 2002-2003 to 2011-
2012. Every year Net sales increase Shri Dinesh mill Ltd.
5. MAFATLAL LTD (MFCLD)
The story of the Mafatlal Group is a stirring saga of a blend of
traditional values and modern technology triumphing over circumstances.
Mr. Mafatlal Gagalbhai the founder was born in 1873, to a weaver of
Ahmedabad. His father, who was neither educated nor prosperous, made a
living by doing odd jobs. It wasn't long before a young Mafatlal, who was
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Chapter - 1 : Introduction of Textile Industry……
still in his early teens, had to leave school to help his father peddle textile
products. With goods hanging from their shoulders, both father and son
would scour the countryside in search of buyers. Some of the buyers
proved to be Mr. Mafatlal's benefactors in later years, when he
metamorphosed into an industrialist. They not only provided him with
capital, but also gave it at low rates of interest.
Driven by curiosity and ambition, he took up a job as a mill-hand.
He wanted to understand the entire gamut of operations; his big break
came only at the age of 31. Along with Chandulal Mahadevia, a friend, and
Arthur Shorrock, an Englishman who knew some British textile-machinery
manufacturers in Lancashire, he took over the management of a small mill
in Ahmedabad, and named it the Shorrock Mill. Of the initial equity capital
of Rs 3.25 lakhs, Mr. Mafatlal picked up 30 shares of Rs 1,000 each while
his father picked up another 30 shares. Along with his partners, he evolved
an innovative scheme to raise the rest of the funds. In those days, business
concerns were run by managing agencies. So, the enterprising partners
promised investors a Share in the managing agency. The first mill did
extremely well, and Mr. Mafatlal developed an appetite for expansion. Six
years later, in 1912, he bought a mill in neighbouring Nadiad for Rs 6.26
lakhs. The second mill was christened New Shorrock. For Mafatlal and the
others in the textile business, the War years were the years of prosperity
and expansion. Although the partnership was doing well, Mr. Mafatlal
wanted to do something on his own. So, in 1916, he bought Jaffer Ali Mill,
which was founded by the Nawab of Surat and renamed it Surat Cotton
Spinning & Weaving Mills. Three years later, Mr. Mafatlal came to
Mumbai, taking over the China Mill, which had been set up by a Parsi
family in 1887.
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Chapter - 1 : Introduction of Textile Industry……
It was in the 1970's and 1980's, under the leadership of Mr. Arvind
Mafatlal, that the existing business was consolidated. The Group also
diversified into Information Technology, Chemicals and the Engineering
Industry. The late 1980's saw the Group further diversifying into the
Financial Service Industry, Gas Distribution and later into Healthcare
business. From 1995 onwards, the strategy has been to focus on the Core
Competence viz. Textiles and Chemicals and divest from other businesses.
Today, Chairman Mr. Hrishikesh Mafatlal, provides the strategic vision for
Arvind Mafatlal Group, as it strides ahead with ambitious plans for the
future.
Table No.1.5
Mafatlal company Ltd Net sales
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Net sales in
390.39 158.13 168.01 140.46 144.55 384.17 138.23 152.66 670.61 143.75 797.49
croer
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Chapter - 1 : Introduction of Textile Industry……
The above mentioned Table No.1.5 and Graph No. 1.5 indicted
Mafatlal company Ltd Net sales in crore selected study year 2002-2003 to
2011-2012. Every year Netsales fluctuated Mafatlal company Ltd.
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Graph No 1.6
The above mentioned Table No.1.6 and Graph No. 1.6 indicted
Raymond company Ltd Net sales in crore selected study year 2002-2003 to
2011-2012. Every year Net sales increase Raymond company Ltd.
7. DIGJAM LTD (DGCLD)
DIGJAM Limited took off its journey in the worsted textile industry
almost 6 decades ago at Jamnagar, Gujarat. Coming from the established
and esteemed stable of S K Birla Group, Digjam initiated its journey with
same inherent group values and principles of integrity, commitment and
customer-satisfaction. Today, it has garnered the respectable and solid
stand in the clothing and fashion industry catering ever-growing demands
of both domestic and international markets.
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Table No 1.7
Digjam company Ltd. Net sales
Years 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Net sales in 233.03 276.19 333.74 296.14 29.14 108.02 111.05 139.93 185.93 80.81 180.87
croer
Graph No.1.7
The above mentioned Table No.1.7 and Graph No. 1.7 indicted
Digjam company Ltd Net sales in crore selected study year 2002-2003 to
2011-2012 Starting years high and last few years low fluctuated Net sales
Digjam company Ltd.
8. SIYARAM SILK MILLS LTD (SSMLD)
Siyaram Silk Mills, incorporated in 1978, is a leading producer of
blended fabrics in India. The company is one of the most renowned
vertically integrated textile companies in the country. It operates the wide
strange of latest machinery in its eco–friendly plant at Tarapur, Daman and
Mumbai. With over 4 million metres of fabric produced per month,
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Chapter - 1 : Introduction of Textile Industry……
Siyaram has achieved the status of the leading textile manufacturer in the
country. Its in–house production facility consisting of spinning, dyeing,
weaving and finishing plus garmenting enables it to present a wide
offering of yarns, fabric, home textiles and apparels.
The Siyaram brand retails in over 40,000 outlets across the country.
Its exclusive retail outlets offer the entire range of Siyaram brand.The
company has the largest weaving infrastructure with over500 looms of
both dobby and Jacquard. It has the capacity to process 48 million metres
of suiting, shirting and home textiles fabrics each year.
Products
Yarn – It has a production capacity of 700 metric tonnes of yarn per
month in a wide range of compositions ranging from polyester, cotton,
viscose, wool and linen. It produces dyed yarns such as space dyed yarns,
heavy denier multicolour fancy yarns, embroidery and selvedge yarns,
fancy dyed knitting yarns and microfilament dyed yarn.
Table No 1.8
Siyaram silk mill Ltd Net sales Net sales
Years 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Net sales in
310.94 320.38 296.17 333.74 393.68 524.54 589.68 647.87 796.22 854.28 915.54
croer
(Sources Annual Reports and Accounts from 2002-2003 to 2011-2012)
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The above mentioned Table No.1.8 and Graph No. 1.8 indicted
Siyaramsilk mill Ltd Net sales in crore selected study year 2002-2003 to
2011-2012. Every year Net sales increase Siyaram silk mill Ltd.
9. RUBY MILLS LTD (RMLD)
Incorporated in the year, 1917 as a Composite Textile Mill mainly
manufacturing Cottons. The management of the unit was taken over by the
late Shri C N Shah in 1946 and thereafter the mill has been regularly
progressing and manufacturing a wide range of products. From 1959
onwards the management has been under the dynamic leadership of the
Chairman and Managing Director.
The Ruby Mills Ltd., has two plants located at Dadar, Central
Bombay and Dhamni on Bombay-Pune Highway. Since 1996, The Ruby
Mills Ltd., is manufacturing MICRO DOT FUSIBLE INTERLINING &
BASIC INTERLINING, in Technical Collaboration with GYGLI TEXTIL
AG, Switzerland. The Company has been in operation since 1921 with an
Annual Income of Rs. 680 million. A modern Research & Development
Laboratory fully equipped with the latest quality control equipment and
recognised by the Government of India supports these manufacturing
activities.
The Ruby Mills Ltd., has forward integration into Processed Knit
Fabrics in Tubular form. The Company is equipped with imported Sclavos
Soft Flow High Temperature/Low Temperature Dying machines, Spereto
Rhymer Tubular Merceriser, Sentex Balloon Padder, Relax Dryer and
Spereto Rhymer Tubular Compacting machines to produce knitted fabrics
that meet the most exacting International Standard with regard
to Dimensional Stability (Shrinkage) and Colour Fastness.
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Chapter - 1 : Introduction of Textile Industry……
Table No 1.9
Ruby mill Ltd. Net sales
Years 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Net sales in 71.87 70.17 74.46 77.11 92.33 103.23 109.32 114.37 143.17 202.44 168.27
croer
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1.10 REFERENCE :
1. Chandrasekhar, C.P.V. Padaki and V. Shanbhag, Growth and
Technical change in a Stagnant Industry. The Case of Textiles,
Industrial Sickness The challenge in Indian Textile ATIRA.
2. Dr.Dhanabhakyam Indian textile An overview coimbture- 46.
3. Mehta, S.D. The Indian cotton Texitle industry – An Economic
Analysis (1953),p.139
4. Badshah, Bhagvanlal, The life of R.B. RanchodlalChotalal (1899).
5. Dutt, R.C. The Economic History of India, vol.i,p. 188.
6. Wilson, Kax. History of Textiles, 1979
7. Sankar, R.M., Modernisation in Textile Mills, AnExploratory Study
Research note, C.L. Centre for Management ATIRA, Dec. 1987.
8. Prafull Anubhai Sickness in Indian Textile Industry, causes and
Remedies, Economic and Political weekly Nov.26 1988.
9. Garden silk mill Ltd Annual reports.(2002-2012).
10. Alok industry Ltd Annual reports. (2002-2012).
11. Laxmi mill Ltd Annual reports. (2002-2012).
12. Shree Dinesh mill Ltd Annual Reports. (2002-2012)
13. Mafatlal Company Ltd Annual Reports.(2002-2012)
14. Raymond Company Ltd Annual Reports. (2002-2012)
15. Digjam Company Ltd Annual Reports. (2002-2012)
16. Siyaram silk mill Ltd Annual Reports. (2002-2012)
17. Ruby mill Ltd Annual Reports. (2002-2012)
18. Textiles companies in India
19. Anthropology and history in textile and clothing research journal
vol.8,14-18 (1990).
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Chapter - 1 : Introduction of Textile Industry……
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