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MANAGEMENT STORY
REGULAR FEATURES
TREXCLUSIVE
“There is a need of constant innovations, research & development and change in the way Khadi or Handloom products are designed, produced and marketed.”
Renu Mittal
Director, Kalindi Kaji Apparel and Fashion Design Centre, Ahmedabad
Renu Mittal is heading Kalindi Kaji Apparel and Fashion Design Center at Apang Manav Mandal, Ahmedabad as Director of the stitching unit for the orthopedically challanged girls, She has been working as a freelance Apparel Designer for the garment and textile industry as well as private and Government organizations such as Gujarat Rajya Khadi Gramodyog Board and Gujarat Handloom and Handicraft Corporation having a total work experience of almost 30 years. She has recently launched her own brand in Khadi garments called 'Village Weaves', and also working as a designer for another Khadi brand 'Moral Fibre' to be launched in U.K, apart from Gurjari and some other brands of garments and textile products for various industries such as hotel, restaurants and pharmaceutical companies etc. She is also engaged in making a documentary film on Apang Manav Mandal and another on Khadi.
Renu Mittal, Director, Kalindi Kaji Apparel and Fashion Design Center shares her views about handloom sector in an exclusive tete-a-tete with TEXTILE REVIEW.
COVERSTORY
Handloom Sector in India -The Current Status and Shape of Things to Come by 2015
Dr. D. Narasimha Reddy
Coordinator, Centre for Handloom Information and Policy Advocacy, Chirala (AP)
This article updates the TEXTILE REVIEW readers with the Handloom sector's current status and shape of things to come by 2015. Author's says that Handloom sector, which accounts for approximately 20% of total Indian textile manufacturing production and 35% of manufacturing employment, is currently facing unprecedented challenges". "There is a future for handloom sector in India beyond 2015, for different reasons, even by the most pessimistic analysis. However, the living and working conditions for handloom weavers is likely to decline, unless there are specific interventions" he added. "Government is likely to reduce its role further, irrespective of the party in power. Competition is likely to increase from other sub-sectors of Indian textile industry, with government playing a partisan role. However, the bright future of handloom sector is ensured by the very characteristic of this competition - hitting at the weakness of countries" he explains. "Environmental change and emphasis on co nservation of natural resources should be able to help the handloom sector. However, one needs active government support here. Markets, both domestic and foreign, would continue to demand handloom products given the exclusivity and niche factors inherent in handloom production. But, handloom sector would be constrained by the raw material accessibility issues, unless resolved favourably" he added.
ANALYSIS
Statistical Techniques Applicable in a Weaving Factory
K. P. Chellamani, M. P. S. Ravindran & J. S. Manoharan ,The South India Textile Research Association, Coimbatore
This article is jointly contributed by K.P. Chellamani, M. P. S. Ravindran and J. S. Monoharan. This article discriminate the statistical techniques applicable in a weaving factory. It also gives the detail of the different process operations and their nature of distribution in a weaving factory.
MANAGEMENTSTORY
Customer Relationship Management Architecture and its Frame Work Dr. M. Dhanabhakyam - Lecturer in Commerce
D.Sureshkumar - M.Phil Research Scholar , Department of Commerce, Bharathiar University, Coimbatore
This article is contributed jointly by Dr. M. Dhanabhakyam and D. Sureshkumar about the Customer relationship management (CRM) covers methods and technologies used by companies to manage their relationships with clients. Information stored on existing customers (and potential customers) is analyzed and used to this end. Automated CRM processes are often used to generate automatic personalized marketing based on the customer information stored in the system. Authors' says that "Over the years, there has been a visible change in customer Expectations due to rapid changes in technology and development of new economy. Organizations globally are gearing up to meet the challenges offered by the new wave of business partners. The lifestyles of individual have undergone major changes with mobility, Internet, and technology playing a very major role in individual's behavioral patterns". "Customers have become more demanding, and to retain the customers organizations are confronted with improving their pre and post sales service offering" they added.
NEWPROJECTS
This section provides information about the upcoming of new projects in textile sector:
Projects Under Planning Stage
- Bombay Rayon Fashions- is to set up a textile processing unit at Talapur in Thane district of Maharashtra.
- Oswal Spinning & Weaving Mills - is to expand its Doraha cotton yarn spinning mill in Ludhiana district of Punjab.
Projects Under Implementation
- Soma Textiles- is setting up a garment production unit at Baramati in the Pune district of Maharashtra.
- Aarvee Denims & Exports -is expanding its Ranipur denim bottoms production unit, in the Ahmedabad district of Gujarat.
- Aarti International- is expanding its Uchhi Mangli cotton yarn unit in the Ludhiana district of Punjab.
- Saudgar Enterprises- is setting up a cotton yarn unit at Thekkalur in Coimbatore district of Tamil Nadu.
NEWSSNIPPETS
A regular feature covering news on the topics- Khadi Gramdog Proyog Samiti come up with permanent exhibition, Textile, apparel exports show downward trend, Garment exporters need a stitch in time, Greaves Cotton opens tech centre in Pune, Apparel exports record 14% decline in sales, Cotton exports may increase 18-20% this season, Apparel industry shifts focus to domestic, non-traditional markets, Apparel exports likely to bounce back and many more news.
STATISTICS
A regular feature deals with the statistics covering:
No. of Cotton/Man-Made Fibre Textile Mills (NON-SSI) Closed and Affected Capacity and Workers etc., State Wise No. of Textile Mills Closed and Affected Installed Capacity & Workers for Non SSI Units, Closure of Cotton /Man-Made Fibre Textile Mills, Employment in Textile And Allied Sectors, Cost of Revival as per the Proposed Revised Scheme, Growth in Capacity of Cotton /Man-Made Fibre Textile Mills (NON SSI).
TEXTILE STOCKSCAN
Under the regular column, experts Dilip and Rushik Bhatt discus about the House of Pearl Fashion Limited. A multinational ready to wear apparel manufacturing unit House of Pearl Fashion Ltd (HOPFL) was started operation in India as Pearl Fashion Limited. Formerly HOPFL incorporated as private limited company named Mina Estate Private Limited. Subsequently name of the company has been changed as House Of Pearl Fashion Pvt. Ltd. HOPFL has manufacturing capacity of 20 million pieces per annum and management continuously trying to double it by 2009 with expanding operation in Chennai, Bangladesh and Indonesia. HOPFL has team of over 30 designers for product design and development. HOPFL promoters have set up a fashion institute, Pearl Academy of Fashions in India to train professionals. The company has dedicated fabric development and sampling unit in China and India. The financial performance is concern HOPFL reflects down trend in terms of both topline and bottomline. Revenue falls by 3% at Rs. 264 cr. where as marginal decline in profit at Rs. 14 Cr. QoQ. If we look more optimistically we observed that though there is a fall in sales but it wasn't effect the margin. Another thing what makes more interest towards the company is that HOPFL achieved more than 58% (Rs. 537 cr.) of total sales figure during first half FY'07-08 in comparison of FY 06-07 (Rs. 923 Cr.).
The advice from the analysts reads if we look at the stock movement we have noticed range bound movement with low volume for same period". "Recently stock jumps to Rs. 363, the highest price of last six months but it can't sustain over there". "Currently stock is trading at Rs.292 and we recommend book profit at current level and one must enter at lower level around Rs. 255 for medium to longer term portfolio" experts added.
A regular monthly feature giving 52 week high / low and previous as well as current mid month quotation of around 40 textile companies with market cap in excess of Rs. 100 crore
EXPORT TRADEINQUIRY
A regular feature.
CAREEROPPORTUNITIES
Career Opportunities a profile of The Sri Krishnarajendra Silver Jubilee Technology Institute, Bangalore.
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