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INTRODUCTION I. ABOUT SPINNING: The spinning industry, which has now spread itself over almost the entire inhabitable. Globe in its great centers of population is undoubtedly one the most potent factory the word has in its civilizing influence, and it has probably done has much more or even more in contributing to the welfare of mankind and his progress as any other great branches of the industry. Spinning is in its essential the practice of twisting and in the subject under consideration. The name has been appropriated as a description of a complete process, in which a number of loose fibers are bound together as one thread simply by the means of a twisting operation. The practice of twisting for such a purpose is unquestionably by beginning and end of the whole art of spinning and, upon it is based the whole foundation of the industry. In principle it remains today what it was in the beginning and two great objectives. Viz that of bringing Into a smaller compass and more orderly conditions, a large number of loose 1

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Page 1: Ammanarul spining done

INTRODUCTION

I. ABOUT SPINNING:

The spinning industry, which has now spread itself over almost the entire inhabitable.

Globe in its great centers of population is undoubtedly one the most potent factory the word has

in its civilizing influence, and it has probably done has much more or even more in contributing

to the welfare of mankind and his progress as any other great branches of the industry.

Spinning is in its essential the practice of twisting and in the subject under consideration.

The name has been appropriated as a description of a complete process, in which a number of

loose fibers are bound together as one thread simply by the means of a twisting operation. The

practice of twisting for such a purpose is unquestionably by beginning and end of the whole art

of spinning and, upon it is based the whole foundation of the industry.

In principle it remains today what it was in the beginning and two great objectives. Viz

that of bringing Into a smaller compass and more orderly conditions, a large number of loose

fibers to form a strand, and also by this means to enable the bound fibers to offer greater

resistance to being pulled as under which results in a greatly increased strength are today the

chief aims towards which all operation of modern spinning mill to attain perfection.

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COMPANY PROFILE

About the company:

The application concern is a Private Limited Company. The company owns a

spinning mill at Thammampatty. The company was incorporated as M/s.

THAMMAMPATTY TEXTILES PRIVATE LIMITED on 21st day September 1995. The

original four promoters were Mr. C. Rangasamy, Mr. P. Palanivel, Mr. S. Lourdhusamy

and Mr. S. Elayappan. The present shareholders of the company are

1. Mr. K.R.G. VARADARAJAN

2. Mr. S. BALAJI PRASAD

3. MR. MAHESH KUMAR SARAF and

4. Mr. PAWAN KUMAR SARAF.

The above-mentioned shareholders are the directors of the company. The details of

their appointment are enclosed in the Annexure to the project Report. Mr. S. Balaji

Presad is the present Managing Director of the company.

The company had changed its name from M/s. THAMMAMPATTY TEXTILES

PRIVATE LIMIUTED to M/s. AMMAMARUL SPINNERS PRIVATE LIMIUTED on

14th June 2002 for auspicious reasons.

The registered office of the company is situated at the mill premises itself; the

address of the same is THANNER THOTTI VILLAGE, NAGIYAMPATTY,

THAMMPATTY, SALEM-636 113.

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Capital of the company:

The authorized capital of the company at present is Rs. 2,05,00,000. The paid up

capital is also Rs. 2,05,00,000. The company has increased the authorized capital to Rs.

3,30,00,000. The paid up capital of the company had also been increased to the extent.

The company is situated at a Backward Area. At present the company is providing

employment for around 150 people.

Present capacity and operation:

The company’s spinning mill is producing SYNTHETIC YARN, COTTON

YARN AND BLENDED YARN at present. The spinning mill houses four frames with

4,032 spindles. The present production per month is 50,000 Kgs of yarn.

A 300 KV transformer backs the company’s production and for the smooth

production process the company has a generator of 300 KV capacity.

The company’s factory employs 15 persons in the blow room. Carding section,

drawing section and simplex section employs 4-6 persons each. Spinning department

requires 30 persons. Cone winding department employs 40 persons. Other than this there

are 4 supervisors for overseeing the work and there are about 15 technical and skilled

labours.

They are about 7 persons employed in the office. And the non-skilled workers

will be around 15.

Present Market for Yarn:

The company’s mill works in three shifts. The total production per month is

around 50,000 Kgs of Yarn.

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The directors of the company have vast and extensive contacts throughout the

yarn market of the country and all the directors, in their personal capacity, are involved in

yarn trading and marketing. The financial statement of the directors will amply show how

much they are successful in yarn trade. The knowledge and experience of the directors

encourage them to have their own production facility also.

The company now proposes to install another EIGHT frames containing 8,064

spindles. This means that the company will be able to employ around 450 persons more.

This would be a real boom for the employment opportunity in this drought-ridden and

backward area. The labour in this area is cheap and available in plenty. Water availability

is sufficient even for the envisaged increase in capacity. Thammampatty is well linked by

roads to all parts of the State and hence transportation is not a problem at all.

The yarn markets in Mumbai, Ahmedabad, Ichalkaranji, Gorakhpur and Bhilwara

will absorb the entire production of yarn. The agency agreement is enclosed in the

Annexure.

Indebtedness of the Company:

The company has borrowed a term loan from M/s. TAMILNADU INDUSTRIAL

INVESTMENT CORPORATION LIMITED for the plant and machinery. The sanctioned

limit was Rs. 2,51,31,000 and the disbursed loan was Rs. 1,44,54,300. The present

outstanding is only Rs. 75,16,868 as on 30th June 2004.

The company had borrowed a sum of Rs. 25,00,000 towards working capital from

Corporation Bank, Mullukurichi Branch. The loan had been repaid in full. For the present

the company is managing the working capital requirement from its own funds.

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The company also enjoys IFST Facility from the commercial taxes department.

The outstanding amount as at 31st March 2004 was Rs. 24,35,050 only.

Financial results of the company:

Right from inception the company has incurred a cash loss. The company has

come up strongly despite major fire accident that occurred during the financial year 2000-

2001.

The reported turnover for the year ended 31st march 2004 was Rs. 5,26,915. The

increase in turnover from the earlier financial year amply demonstrates the giant leap the

company has made in its financial records.

Further Plans:

As stated earlier, all the directors of the company are involved in yarn trade and

business for the past several years. The directors had felt the potential for improvement

and they want to take advantage of the market situation.

The company proposes to produce these additional products from the plant and

machinery to be installed:

1. 100% Polyester yarn

2. 100% Viscose Yarn

3. Polyester / Viscose Blended Yarn

4. Polyester / Cotton Blended Yarn

5. Viscose / Cotton Blended Yarn.

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PRESENT STRUCTURE AND FUNCTIONS:

ORGANIZATIONAL CHART:

The organization chart is graphic means of showing major departments and divisions of

the enterprise and lines at formal authority departmentation is important for a well structured.

Here the managing director is the highest authority guiding and controlling the activities of the

organization. This organization has five departments namely:-

1. Production Department

2. Stores Department

3. Marketing Department

4. Personnel Department

5. Finance and Accounts Department

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PRODUCTION DEPARTMENT

RAW MATERIAL

The firm mainly purchased cotton, polyster, visco & color chemicals . Raw material

purchase based on demand.Customer wants to be rectified.And other raw materials are polyester

stable fibre.Visco stable fibre, and silk.Accurlik and raw cotton.Purchases are deliver through

lorries based on load lot numbers.

PRODUCTION PROCESS

This department is further subdivided into various sections. They are

MIXING

BLOW ROOM

CARDING

COMBER

DRAWING

SIMPLEX

SPINNING

WINDING

CONE WINDING

AUTO CONE WINDING

PACKING

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MIXING

This department plays an important role.In this department,the various varieties of cotton

are mixed ,according to their lenth,strength,fineness and maturity to get the required counts of

yarn i.e.60s,80s etc.Usually four buckets of water and one liter firm soap oil is sprayed on the

spread cotton and kept for 24 hours before the next process.

BLOW ROOM

Mixed cotton is cleaned by removing the foreign matters and waste.This may consist of

seed coats,jute,etc.The output from this process is a uniform and clean sheet like form rolled in a

rod and is known as LAP.

CARDING

`The proverb of the experts says, well carded is half spun’ and “effective

carding ,efficient spinning”.All these 4 proverbs demonstrate that the immense significance of

carding is the final result of the spinning operation.

CARDING SILVER

The laps that are produced in a sheet form are sent to the carding section.The main aim of

carding is to eliminate short fibers and also elimination of laps which are formed in the blow

room.The process done here is that the cotton is completely open into individual fibers and the

dirty foreign matter and naps are removed.

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CARDED SILVER

The silver produced after normal carding in the form of long thread like fibers called as

carded silver.These carded silvers are sent to drawing the next stage.

COMBINED SILVER

The combined silver’s aim is to further removes short fibers and laps that are still present

in it.The comber process means just fibers are removed and fibers are arranged in parallel

formation .This combed silver is the best quality of silver than the carded.

SILVER LAP

The carding silvers are fed and by pressing them it is transformed into lap form. The

output is called as SILVER LAP.

RIBBON LAP

The silver lap is fed and by drafting process

Comber

It silver lap is fed and by drafting proceess. In this process process producing the high

quality sliver. It is the next stage of carding. Then go to the sliver into the simplex and spinning.

The main differend between drawing and comber is producing the high quality combed yarn.

Also 20% waste reduces than drawing process.

- 20 sliver converted into single comber lap

- Per comber lap producing time 7 minutes.

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- Per comber lap have 3.5 kegs weight.

- Eight – comber lap convcrted into single comber silver.

- Get the output time of the comber sliver within 2.5 hours.

Drawing

It is the fourth stage in the manufacturing process. In this eight slivers can be converted

into single silver.

Again 8 single can be converted into one silver. These are 8 machines installed in the

drawing room.

Processing time

Eight sliver completing time is 4 hours.

Simplex operation

Sliver is converted into “Roving”. In this process sliver size is decreased. There are 8

machines located in the simplex operation. Each machine has 120 spindles. Spindles mean rod or

shaft rotating which twist the rove.

Processing time

40s and 41 s output get within 2 hours

80s output get within 4 hours

Doubling

Twist the double thread into single thread. There are 32 doubling machines being the

doubling section. Each machine has 400 spindles. Twist than yarn according to the order

according to the order basis. For Example

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2 yarns X 40s Count = 2/40s

2 yarns X 60s Count = 2/60s

Packing

Packing refers to the activities of designing and producing the container or wrapper for a

product. There are two type of packing used are as under.

i. Cone packing

ii. According to the custmers requirement the packing is done by the packing

department. Cone packing is done using man power.

QUALITY

QUALITY IS NEVER AN ACCIDENT IT IS ALWAYS THE RESULT OF

INTELLIGENT EFFORTS - JOHN RUSKIN

QUALITY POLICY

“PRODUCING PRODUCTS OF CONSISTENT QUALITY TO MEET THE

EXPECTATIONS OF THE CUSTOMERS, THROUGH CONTINOUS IMPROVEMRNT

WITH THE INVOL VEMENT OF ALL EMPLOYEES”.

AMMANRUL SPINNERS PTE. LIMITED – TAMMAMPATTY

QUALITY CONTROL DEPARTMENITS

This is mainly consists of four departments

Raw material quality checking

Semi – finished/processing goods production quality checking

Final product that is yarn checking

Final inspection on package stage.

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QUALITY CONTROL DEPARTMENTS

Cotton Fines, waste, strength,

Polyester Strength, uniformity, elongation

Viscose Strength, uniformity, elongation

These are the checking’s in the raw material to check the quality.

LABARATORY TESTING

Micro balance

Ulster tester3

Strength

Uniformity

Micro balance:

Co – efficient of variation in weight basis checking to use micro balance & rap real and

check the count also.

Black board:

Gene al yarn appeance and SQC department.

Strength:

Lea strength test instrument to check the uniformity percentage.

Lap & blow room

Weight = co – efficient of variation

Sliver = count, co efficient of variation uniformity strength

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Quality control

On arrival each and every bale of all arrived lots are subject to quality assurance

approval. The quality firm cotton is assessed by tests done both manually and electronically. By

manual method the cotton is tested using “BEAR SORTER”.B

The electronic method utilize “SPINLAB HVI – 900” machinery. The testing process is

very fast and also accurate. If the lot confirms the basic sample then it is accepted otherwise, it is

rejected and returned to supplier and the same is recorded in vendor evaluation record.

Product testing

It is final testing in the product to find the imperfection. The buyers accept the 495 –

imperfection within the 100 kilometers yarn.

U% 12.5

Thin 25.0

Thick 160.0

Naps 297.5

Total 495.0

It is one of the service departments. It is heart of the company. Store keeping is a service

function, which deals with the physical storage of goods under the custodianship of a person

called storekeeper or store controller.

Stock maintenance:

The storekeeper checks the requirement material once in 15 days.

The company is following first in first in out (F1F0) method.

This company has the bin card maintenance. It has material name, receiving time,

number of items, stock level.

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The material covered by plastic covers

Once in six month the store is to be cleaned

The store department should have the insurance coverage.

Check the insurance coverage receiving and returning goods packing.

INVENTORY TECHNIQUES

The company is following the just in time (JIT) purchase the material according to their

need. They calculate the machine (parts) life. According to the depreciation, they purchase the

spare parts materials. The main requirement parts are bearing, gear wheels, packing materials,

ets.

Imported machines are followed the same process. According to the deprecition of parts,

they purchase the spares.

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PRODUCTION PROCESS CHART

Cotton

Bales

Mixing

Blend

Blow room

Silver Ribbon

Lap

Lap

Simplex

Roving’s

Spinning

Cops

Baby cone caps

Cone winding Doubling Reeling

Caps

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Drawing

Carding

Comber

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Full cones knots

Packing Yarn Godown Baling

PURCHASE AND STORES DEPARTMENT

Polyester and viscose is the raw material for production Yarn. The main function of this

department is to purchase good quality polyester and viscose at on optimum price.

STEPS INVOLVED BEFORE PURCHASING POLYESTER & VISCOSE ARE:-

1. Samples Are Received From The Suppliers.

2. The Rough And Ready Method Of Drawing Samples Of Polyester & Viscose By

Fingers Is Used As A Preliminary Test. This Is Not Confirmatory Test.

3. The Sample Are Then Tested For The Following Qualities.

A. FINNESS

B. STRENGTH

C. MATURITY

D. LENTH OF THE FIBER &

E. TRASH CONTENT

STORES DEPARTMENT

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Store represents cash. It should be carefully protected. Stores are checked and valued at

the close of a period. Since the value of stock usually of stock usually much greater, it is

necessary to verify from time to time.

FUNCTIONS

1. Receipt of Materials.

2. Storage and Preservation.

3. Record-Keeping And

4. Issue of Materials.

OBJECTIVES

1. Maintain A Regular Supply.

2. To Avoid Over Stock.

3. Providing Efficient Service.

4. To Reduce The Inventory Carrying Cost.

INVENTORY CONTROL

The storekeeper is fully in charge of the stores. He arranges all the essential and

frequently used goods in front and ensures the safety of the goods. He keeps records of all the

materials, which enter or exit the stores. This record helps him to verify the stock once in a

month and give a report to the accounts department.

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DISPOSAL

The storekeeper disposes all the waste and scraps once in a month regularly.

The following are the records maintained in the stores department.

1. Daily Issue Cost Register.

2. Stores Ledger.

3. Purchase Order.

4. Indent Note.

5. Material Incoming Note.

6. Material Outgoing Note.

7. Gate Pass.

8. Waste Bill Book.

DAILY ISSUE COST REGISTER

In this register, parts relation to different section such as blow room carding etc., are

issued on proper authorization and separate account are maintained for each section.

STORES LEDGER

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The store ledger keeps a record of all materials that enter and exit stores. There are

separate store ledger for different section and hence parts entering or exiting the store are enters

in the respective sections. This helps are easier identification.

PURCHASE ORDER

In this order, the manager and the supervisor consult the amount of material to be

purchased. The original copy is sent to the supplier and the duplicate copy is retained by the

storekeeper.

INDENT NOTE

In this supervisors of various section collect whatever the workers need and submit to the

factory manager to section it to the indent and the store keeper issue the material and makes

entry for the same.

MATERIAL INCOMEING NOTE

The materials entering the store are properly entered as to form where it was purchased,

when it was purchased, what quantity and so on. the same entry will be entered in the stores

ledger.

PURCHASE OF RAW MATERIAL

The main raw materials are cotton, polyester and viscose fiber.

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The cotton is available during season locally. The cotton market will provide samples

supply of necessary quantity and quality.

The polyester fiber is available from M/s reliance industries limited, with whom the

managing director Mr. S.Balajiprasad is closely associated as a dealer for the past so many years.

Viscose fiber is available from M/s Grasim industries limited. The viscose fiber is

available throughout the year.

The transport of raw materials and the yarn is mostly done by load. Thammampatty is

well connected byroads to all parts of the state.

PURCHASE & PRODUCTION PROCESS

From the viscose & polyester go down, the bales are taken to the production department

for process, where the bales are opened and laid on the floor layer. This is called as mixing and

the same is allowed to conditioning for 24 hours because it helps to improve the fibre strength.

And it is having a property of absorbing moisture the air.

The manufacturing process status from the mixing department and to get final product of

yarn. Polyester & viscose process into several departments which are as follow:-

1. BLOW ROOM

2. CARDING

3. DRAWING

4. SIMPLEX

5. SPINNING

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6. WINDING and

7. PACKING.

PROCESS CHART

POLYESTER & VISCOSE MIXING

BLOW ROOM

CARDING

DRAWING

BREAKING FINISHING

SIMPLEX

SPINNING

CONEWINDING

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(CONE YERN)

PACKING MARKET

BLOW ROOM PROCESS:

The raw materials will be processed in blow room first. The cotton and polyester or

viscose and polyesters, as the case may be, will be mixed together in the desired proportion and

after proper processing the ‘mixing oil’ is sprayed on the prepared raw material for conditioning.

The conditioning is for 24 hours and after the conditioning process is over the mixed raw

material will be fed in to the blow room machinery for making the ‘laps’.

CARDING:

This department is very important one. Here carding machines are grouped together and

called carding department. The carding machine consists of parts like feed roll, liker – in,

cylinder, flats and doffer etc.

The ‘lap’ is fed into carding machine through ‘lap rollers’. In the carding machine the

impurities are removed and the lap is converted in to ‘sliver’. The sliver is fed in to card canes.

Experts are considered that carding department is the “heart of the textile mills”.

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DRAWING:

The carding canes are arranged two rows of eight canes and sixteen slivers come to a

same part in a polished plate though guide rolls. This arrangement is called as “creel”. Where the

sixteen combine to one this term technically called doubling of slivers. Those slivers passed

through 3-4 pairs of rollers, which are running in different speeds and it is called as drafting

rollers. The sliver material passed through the drafting rollers are pulled and parallelized and

delivered in the form of sliver which are collected in the cans.

SIMPLXE PROCESS

The ‘Finished Sliver’ is now fed into speed frames, otherwise known as simplex. The

speed frame reduces the thickness of the yarn and resultant ‘Rowing’ is rolled in bobbins. The

process is known as ‘Rowing Bobbins’.

SPINNING PROCESS:-

The ‘Rowing Bobbins’ are fed into spinning frames and here we get the yarn of desired

count. The finished product is rolled into paper cones by cone winders. Now the finished product

‘Yarn’ is ready for sale and dispatch.

CONE WINDING PROCESS

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The delivered yarn is wound in the bare bobbin, which is done by rings & Travelers. In

spinning machine the important parts are creel, drafting rollers, top arm, apron, spindles, rings,

and travelers.

From spinning ring cops i.e. taken to cone winding (or) reeling Department according to

market requirement.

The yarns from spinning cops are converted into form of cone, which is around 1.50kg.

To get continues yarn knotting (or) splicing is done in this department.

PACKING

40 – 50 cones are packed in woven sacks and it is ready to into the market.

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PRODUCTION PROCESS DIAGAM

CENTRAL

GODOWN

BAL BORA MIXNG BLOWROOM

COTTON COTTON% LAP

POLYSTER%

VISCO%

CARDING

SLIVER

COMBER

DRAWING

AUTO

SLIVER CONE

(UNIFORM) WINDING

SIMPLEX

ROWING

SPINNING WINDING

YARN CONES

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CONE

WINDING PACKING

DESPATCH

BAGS

BOARD OF DIRECTORS

OFFICE MANAGER

ACCOUNTOFFICE

STAFFSSECURITY

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FACTORY MANAGER

SUPERVISORS FITTERS ELECTRICIANS

LABOURS

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PERSONNEL DEPARTMENT

General Manager is the head of this department. The department is concerned

with manpower resources. The time office controls all the activities relating to the

workers. The time officer is assisted by typist and a clerk.

FUCTIONS

1. Grievance handling

2. Maintenance of records

3. Advising management of effective use of human resources

4. Discipline maintenance.

PERSONNEL MANAGENENT

Based on the requirement of the projected spin plan the requirement of men is

analyzed by the factory manager to the personnel department for arranging requirement.

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RECORDS MAINTAINED TIME KEEPER:-

1. Attendance registers for permanent workers.

2. Attendance registers for temporary workers.

3. Miscellaneous register.

4. Every day register for maintenance.

5. Overtime register.

6. Abstract of attendance and absentees register.

7. Promotion and transfer register.

8. Fine register.

9. Accident record.

ISSUING OF TIME CARDS

Every worker is provided with a time card showing his number, classification of

work and on attendance each day, is to show it to the time keeper when entering the mill

and also at the time of leaving the mill. Workers are classified into two categories.

1. Trainees

2. Permanent

After recording new trainees they are properly trained by the supervisors in two or

there departments. After the successful completion of training, six months trained

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labour are to be leased for work with senior labour. After successful completion of 2

years temporary workers are confirmed for regular employment.

Confirmed labour name are available in the permanent muster roll.

WAGE STRUTURE:-

For permanent labours – Rs. 90 per day

For temporary labours—Rs. 70 per day

Other administrative staffs are paid according to their work nature experience &

Educational Qualification.

WAGE PAYMENT

Wages are paid to workers once in a mo0nth usually it is 7th day of every month.

Both temporary & permanent employees are paid on the said date.

OTHER BENEFITS

Permanent workers are eligible for benefits like PF, EPF, Gratuity, Earned leave,

and Yearly increase of wage etc.

SHIFT

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The mill is working round the clock of all days in the week.

Shift/ day timing are as follows.

I shift 8. AM to 4. PM

II shift 4. PM to 12. Am

III shift 12. Am to 8. AM

Workers are coming for this respective shift to attend duty. They are given ½ hour break

for interval time.

DETAILS OF TECHNICAL LABOURS:-

Skilled labours = 120

Trainee labours = 60

DETAILS OF OFFICE & FACTORY STAFFS:-

Office staffs

1. Office manager = 1

2. Clerk = 2

3. Accountant = 1

4. Computer operator = 1

5. Office peon = 2

FACTORY STAFFS

1. Factory manager = 1

2. Supervisors = 7

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3. Electricians = 10

4. Security = 12

5. Fitters = 4

6. Godown security = 1

7. Store keeper = 2

WELFARE MEASURES

Introduction

. Labour has a dynamic role to play in the economic development of the country. If rapid

industrialization of the country is to be achieved; one of the most vital factors would be proper

handling of the labour. The importance of labour in the industrial system and in the planned

economy of the economy of the country has been recognized. Thus, by providing welfare

measures labour can be kept satisfied to work for the organization and ultimately for the nation

as whole.

Welfare Facilities

The workers are provided with the following facilities:

Canteen facility

The token system is being followed. Permanent workers can get a token book once in a

month and amount will be deducted from their wages.

Whereas the temporary workers have to pay the amount to get a token book.

Hospital facility

The management provides the hospital facilities tablets for the workers.

Safety Measures

Adequate safety measures with water fire extinguishers are provided through out the mill.

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Drinking water

In the mill, effective arrangements have been made to provide drinking water at suitable

points conveniently for the employees sufficiently supply wholesome drinking water.

Latrines, Urinals and Bathrooms

In the concern separate enclosed accommodation of latrines and urinals of prescribed

type of for male and female workers shall be provided.

It is adequately lighted and ventilated. Sanitary workers are employed for keeping the

latrines and washing places clean.

Rest rooms, shelter and lunch room

In more than 150 workers are ordinarily employed, adequate and suitable rest room and

suitable lunch rooms were provided.

Traveling allowance

The concern has provided the van facilities on free of cost.

Leave card system

Each employee is provided leave card and kept in the custody of this department.

Supervisor if an employee wants to go leave he has to has to update his card and get

signed his immediate and personnel manager department head.

Attendance incentive scheme

The company did not provide the incentive to the permanent workers. The incentives

provided only trainees. If a person availing has in month in entitled to as attendance

incentives. It is called monitory incentives.

Bonus

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The employers pays bonus to the employees to stimulate them in the production process.

They will give bonus to workers once in a year dewily. The firm will give minimum

8.33% of bonus.

Increment

Increment only for workers like apprentice, trainee’s basis of their work. Six months once

increased 5 rupees. In starting period 50 rupees for 15 days and after 13 days the worker

continuously worked Rs.190 will increment.

Recruitment

Once year one time the staff selection will hold on January 1st fixed upon 9am by

Managing Director. Recruitment will base on testing basis.

Performance appraisal

Performance appraisal is based on weekly basis checked by supervisor mastery by

trainees.

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FINANCIAL PERFORMANCE & FUTURE PLANS

Finance function assumes an important role in the company and is given equal

importance as with production, personnel and marketing functions.

FUNCTIONS OF ACCOUNTS OFFICER:-

1. Financial Accounting

2. Internal Audit

3. Taxation

4. Management accounting and control

5. Budgeting and control.

FINANCIAL RESULT OF THE COMPANY:-

Right from inception the company has not incurred a cash loss. The company has come

up strongly despite the major fire accident that occurred during the financial year 2001 – 2002

FUTURE PLANS:-

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All the directors of the company are involved in yarn trade and business for the past

several years. The directors had felt the potential for improvement and they want to take

advantage of the market situation.

MARKETING DEPARTMENT

MARKETING OF YARN

With numerous number of units in the country and especially the spinning mills in South

India leads to very stiff competition and marketing of the finished product depends upon the

individual efficiency of the units with different count patters being produced by industries both

small and big who are having machineries of both indigenous or imported and manufacturing the

final product both for local consumption as well as for export.

The company’s mill works in three shifts. The total production per month is around

500000 kgs of yarn. The directors of the company have vast and extensive contacts throughout

the yarn market of the country and all the directors, in their personal capacity, are involved in

yarn trading and marketing. The financial statements of the directors will amply show much they

are successful in yarn trade. The knowledge and experience of the directors encourage them to

have their own production facility also.

MARKETING POLICIES:-

1. Having the product, best in quality.

2. Develop a sound package.

3. Deliver what you promise.

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4. Know your present marketing through past performance and the future market by

present ones.

MATERLALS OUTGOING NOTE

The materials, which are received in a damaged condition, are sent out of to

company, for service and while going out, it has to take a gate pass. These outgoing

materials are entered in the register.

GATE PASS

The gate pass is provided to all materials, which enter or exit the company

premises. There are two types of gate passes namely Returnable and Non- Returnable.

WASTE BILL BOOK

The waste and scrap goods are entered in this book and for materials entered in

this book, there would be a corresponding entry in the gate pass.

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SUGGESTIONS

1. The company has to improve its infrastructure.

2. Steps to be taken to motivate labours by proper incentive plants.

3. Adequate supportive were to be provided to the labours.

FINDING

After the completion of Industrial training I come to know the following facts and

that were forwarded by me here as findings.

1. The favorable support of Board of Directors and co-operation of qualified

employees of the organization were considered as boosting factors for the

profitable operation of the company.

2. Hi-tech machines with proper maintenance were supportive factors to the

production of quality goods.

3. The company is not having better infrastructure.

4. There is no proper incentive plans for the labours.

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5. Basic and supportive amenities to the labours are inadequate.

CONCLUSION

By undergoing in plant training at AMMAMNARUL SPINNING PTE LTD,

I gained wide knowledge about the company, their working duties and

responsibilities as will the company’s intension in giving employment to the

people who ass willing to work. This industrial training gave me more confidence

about by futures. The overall study of the company gave me the clear picture of the

production process, the company’s development to increase the production.

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