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Summer Internship Seminar on
“Study on the Market potential of acrylic yarn in Ldhiana
market”
By
RAMZAN MOHAMMAD MBA-2C(2009-11)
ROLL NO-94972238216
Introduction to company:-
S T Cottex Exports (P) Ltd 100% cotton-spinning unit
Mission and vision:-
Turnover Expansion of business Enter into new products Production capacity
Plant and location
Products:-
100 % cotton raw white yarns. Organic raw white yarn. Compact yarn. Open end yarns.
Market:-
Domestic market- Market of Ludhiana, Delhi, Panipat, Ahmedabad, Mumbai and Kolkata.
International market-Indonesia, Singapore, South Korea, Malaysia, Taiwan, China, Vietnam, Egypt, Israel, Portugal, Italy, Spain, Germany, Columbia, Peru, Canada, United States, Brazil, and Bangladesh.
Certifications:-
Certified by “CONTROL UNION CERTIFICATIONS”
OEKOTEX Certified “TESTED FOR HARMFUL SUBSTANCES”
‘ISO 9001:2000' certified. Star trading house.
TREND ANALYSIS:-
Net Profit-
0
1
2
3
4
5
6
7
8
2005-06 2006-07 2007-08 2008-09
Year
Net
pro
fit
Turnover:-
0
50
100
150
200
250
300
350
400
2005-06 2006-07 2007-08 2008-09 2009-10
Year
Tu
rno
ver
TEXTLE INDUSTRY:-
History of textile industry. Structure of INDIA’S textile industry. Major Textile Players.
Title & objectives of study:-
Title- “Market potential of acrylic yarn in Ludhiana market”
Objectives- To study the factors affecting the
dealer’s choice while purchasing acrylic yarn.
Study the competitive players in the Ldhiana yarn market.
Research methodology:-
Research Design Descriptive model Data Collection Primary as well as secondary
Sampling Design Population -Yarn dealers in
Ludhiana market Sampling Unit - acrylic yarn
dealers in Ludhiana market Sampling Technique -snow ball
sampling technique
Data Analysis and Discussion
No. of acrylic yarn dealers with respect to
count range.
0
2
4
6
8
10
12
14
16
18
2\32 2\48 1\32 others
Count range
No
. o
f d
eale
rs
Price trend of acrylic yarn since last one year.
0
5
10
15
20
25
30
35
increasing decreasing constant
Trend
No
. o
f re
spo
nse
s
Different players from dealerspurchase acrylic yarn.
0
5
10
15
20
25
30
Name of mill
No
. o
f re
sp
on
ses
Monthly consumption of acrylic yarn.
0-5023%
50-10060%
100-15017%
above 1500%
Rating of different players on the basis of price and quality.
Vardhman-
-0.6
-0.4
-0.2
0
0.2
0.4
0.6
0.8
1
1.2
quality pric e
Nahar-
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
quality pric e
Shiva-
0
0.1
0.2
0.3
0.4
0.5
0.6
quality pric e
Texas-
0
0.1
0.2
0.3
0.4
0.5
0.6
quality pric e
Sportking-
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
quality pric e
Factors that dealers consider important while purchasing acrylic yarn.
05
101520253035
Factors
No
. o
f re
sp
on
ses
Terms & conditions offered by supplier to dealers.
0
5
10
15
20
25
30
Tradediscount
Cashdiscount
Credit period other
Terms & conditions
No
. o
f re
sp
on
ses
Projection about the demand of acrylic yarn.
0
2
46
8
10
1214
16
18
20
it willincrease
it willdecrease
it willremain
constant
can't say
Ludhiana hosiery market.
0
2
4
6
8
10
12
14
growing declining constant can'tsay
Result and findings
Most of the dealers are dealing in 2\32 count range. Price of 2\48 is more as compared to other counts. Price charged by vardhman is highest as compared to
other mills. There is 50% increase in price of acrylic yarn as
compared to last year. Price and quality are the major factors that dealers
consider important while purchasing acrylic yarn. Price of 2\32 is vary between 220 to 245 and in case
of 2\48 price is vary between 245 to260
Suggestions There is 50% increase in price of acrylic yarn as
compared to last year and the future projection of demand also showing upward trend therefore it will be quite profitable and also a good option to enter in.
Price and quality are the major factors that dealers consider important while purchasing acrylic yarn therefore firms has to work upon these factors.
Consumption of 2\32 is more as compared to other counts therefore it is better firstly to try in this range.
Limitations of study
Since the survey was done only in Ludhiana yarn market the result obtained may not be taken as universal suggestion.
Quality of the information highly dependent on the knowledge and mindset of the respondents.
Sample size is small so we can not generalize it for whole industry.
Some dealers did not provide true picture about their consumption
Thank you