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The textile industry is one of the largest fastest growing sectors & has a tremendous significance .in the context of Indias effort to increase its export in this decade. Over the years, the textile sector has emerged as the largest foreign exchange earner for the country. India has the largest number of looms in the world & the second largest number of spindles. India has also certain unique advantage such as a wide range of fibers both natural & man made, production capacities & cheap s illed labour.
SPINDLES
31032000
31032003 YEARS
31032006
626 ""#",7
",6' ",7##'
25#7 "4744"
'7#6 '32',2
"772 7654"4
"7',# "7,3273
',' 5'#76
3.,7
".32
".,4
".3'
3.52
".3"
".3'
2005, 1.79
2003
2004
2005
2006
2007
EMPLOYMENT IN TEXTILE
SR. NO. I " SECTOR%INDUSTRY
ALLIED SECTORS
EMPLOYMENT (IN Mn. N&'.)
7 2 5 ' # , 6 4
TEXTILES SECTOR <OTTO9@->9!->1( )IA0( *>09 T(:TI;( -I;; %(<TO0 . I9<;$1I9= %%I %+I99I9= & (:<;$%IB( C(>BI9= $9IT% ->9!->1( )IA0(@)I;>-(9T *>09 I91$%T0* .I9<;$1I9= T(:T$0I%I9= I91$%T0*/ 1(<(9T0>;I%(1 +OC(0;OO-% %(<TO0 D>91;OO- %(<TO0 E9ITTI9= %(<TO0 +0O<(%%I9= %(<TO0 COO;;(9 %(<TO0 0(>1* ->1( =>0-(9T %(<TO0 .I9<;$1I9= E9ITC(>0 %(<TO0/ %(0I<$;T$0( D>91I<0>)T
3.45
8$T( I91$%T0* .a/ O0=>9I%(1 8$T( I91$%T0* .b/ 1(<(9T0>;I%(1 8$T( I91$%T0*
TOTAL(I)
"
7 2 5
ALLIED SECTOR <OTTO9 .a/ <OTTO9 >=0I<$;T$0( .b/ <OTTTO9 =I99I9=@+0(%%I9= F <OTTO9 T0>1( %D((+ 0(>0I9= 8$T( >=0I<$;T$0( T(:TI;( -><DI9(0* I91$%T0* & ><<(%%O0I(%
TOTAL (II)
GRAND TOTAL
((.02
66 80
60
52 47
46
42
104 136
856
INTRODUCTION TO AARTI GROUP)>arti group which was incorporated in "4,, has ta en rapid strides to emerge as one of 9orth Indias leading manufacturers of steel & yarn with an annual turn over of more then $%& ",6million and a wor force of over 7333 personnel.
*USINESS OF AARTI GROUP) >arti %teels .;udhiana, +unGab/ ! -anufacturer of <arbon, >lloy and %pecial %teels <apacity of plant -anufacturers H H ".7' ;acs tones @annum <arbon, alloy, spring & alloy spring steel
It is leading plant having facilities for manufacturing various types of %teel billets for 0olled +roducts, Cire 0od <oils and %teel Cires for various applications with installed capacity of "7'333-T@annum. >arti International . ;udhiana, +unGab/ ! -anufacturing "33 ? cotton yarn >arti %teels . <uttac , Orissa/ ! Integrated %teel +lant I 10I, +ower +lant & %-%
1eepa Dospital .;udhiana, +unGab/ ! > -ulti!%pecialty <haritable Dospital with 75@, emergency facilities >arti <inema
<inema which has been a constant source of Goy to the residents of ;udhiana. The group has recently been awarded with J%pirituality at Cor place >wardK being run by an International %pirituality at Cor +lace %ociety $%>. Over the *ears >arti =roup has emerged as a strong organiLation due to constant hard wor , commitment and its ability to transform itself according to the global mar et. The company has five 1irectors on its Aoard, namely S+.S+,- P./'+.0 M,11.2 .-1/, S+. S&+.n L.2 M,11.2 .1irector/, S+. M.+3'+ M,11.2 .1irector/, S+. V,n.4.5 M,11.2 .1irector/ and S+.R.633- M,11.2 .1irector/. The company has also employed highly technical and managerial personnel for managing the day to day affairs of the company.
One among the five companies in India to get $%T(0IM(1 quality certificate from $%T(0, %witLerland. ;>AO9;I9( .<omputer aided yarn clearing/ installed in all gauges I <onsistency in yarn quality achieved by activation of alarms in gauges to eliminate rogue bobbins. >lso precise setting of clearing curves through <>*. <ontinuous monitoring of power consumption by (9(0<O9. Eeeping regular inventory of Indian <otton for at least six months and imported cotton such as $%!+ima, %8B >cala, )ibermax and (gyptian =iLa for at least two months. 0I(T(0 preparatory and TO*O1> 0ingfarmes with >uto doffer. They are exporting above 63? of the production. They are supplying yarn to the stringent & best customers in mar et their yarn finally y ends up in the top brands li e marc & %pencer ,Tommy Dilfiger , =>+, 1E9* , ;acoste etc. They are also covering best quality conscious local mar et li e >rvind mills, >shima , 1har textile, -aral overseas, whose products finally ends up in top brands. They having first of its ind on line monitoring system from USTER 1000 HVI CLASSING designed to meet the high throughput requirements. It provides accurate and precise measurement of all important cotton quality parameters. USTER AFIS PRO detects fibre imperfections before they become yarn imperfections. The unique measuring system of the $%T(0N >)I% +0O guarantees that each fiber, nep and trash particle is individually counted. USTER TENSO9ET- " a unique control system that provides information on yarn behavior in further processing. It is the best way to test high performance strength and to predict weavability. USTER TESTER-# tests the most important quality parameters such as yarn evenness and yarn imperfections with the high precision. It is equipped with OI sensor for accurate measurement of dust & trash content, OD sensor for hairiness, O- sensor for diameter and shape for advanced prediction of appearance, )- sensor for classification of )oreign )ibres and EA% for advanced identification of machine defects. ONLINE M&n,1&/,n: I >part from ;ab Testing we believe in "33 ? online inspection of the processes and not Gust a random sampling. >arti International is equipped with the latest on line monitoring systems.
) ) ) ) ) )
S;,03/ W3< C&n3 E=;3/1 C&n3/ P,2&1 V,'@.2 M.n.:3/ P&A3/ C&n'@B1,&n C&B;@1/,'30 C&n1/&2 &? H@B,0,?,>.1,&n S4'13B
LTG ) F&/ .@1&B.1,> >&n1/&2 &? +@B,0,?,>.1,&n '4'13B En3/>&n ) E??,>,3n1 >&n1/&2 &? ;&A3/ >&n'@B30
ADDRESS
R3:,'13/30 O??,>3
=.T road, miller ganG, ;udhiana !"5"332, .+b/ India, +honeH 4"!"#"!233#"33 )axH 4"!"#"!233#"'3 W&/5' Bill $chhi -angli, +.O 0amgarh outside Octroi +ost <handigarh 0oad, ;udhiana !"5""72, India +honeH 4"!"#"!233#"33 )axH 4"!"#"!233#"'3 E-B.,2) infoOaartiinternational.com >arti PintOglide.net.in
D32+, O??,>3 < !2'@' >sho vihar, phase II, 1eep <inema 0oad, 9ew 1elhi H ""33'7 +hone!3""!,5#7#36 )ax!3""!,5#7#3,
Aarti International
Aarti steels
Aartis location
MISSION STATEMENT
The -ission of >>0TI I9T(09>TIO9>; ;T1 is to ma e positive contribution to the %ocio! (conomic =rowth of <ountry by way of carrying on Ausiness and Industrial >ctivity in Textile %ector and achieve excellence in all its spheres. The company intends to continue the same progress in future & also expand its area to (uropean countries by further improving its quality to the satisfaction of customer.
CUALITY O*9ECTIVE
To satisfy the quality expectation of the costumer with consistency & also provide the best possible support services. <ontinuous efforts to improve the process Technology & s ills. To treat customer feedbac as an opportunity to improve.
CUALITY POLICY
They are committed to meet costumers expectations by continuous efforts to improve !!!!!!! +0O<(%% !!!!!!! T(<D9O;O=*
PRODUCT PROFILE
o "33? <otton, <ombed, grey, normal & elite .compact/ yarn. o %ingle yarn in the count range of 9e "# s@" to 9e 63s@". o 1ouble yarn in the count range of 9e "# s@7 to 9e 63s@7 . o >bove are produced for both hosiery as well as weaving applications from various cotton mixing li e o Indian .D!5, 8!25, %!#, -<$!', etc/ o $%> <otton .%8B >cala, +ima etc/ o (gyptian cotton .=iLa/ o >nd any other specific cotton as per buyers requirement
SWOT ANALYSIS
STRENGTH) %trong & diverse raw material base Third largest producer of cotton )ifth largest producer of manmade fiber & yarn Bertical & horiLontal integrated textile value chain %trong presence in entire textile value chain from raw material to finished goods =lobally competitive spinning industry >verage cotton yarn spinning cost all $%& 7.' per g .which is lower than all the counties including <hina ;ow wages H rte at .,' $%& per operator hour as compared to $%& " of <hina & $%& 2 of Tur ey 1iverse design base )lexible production system
WEA8NESS) Dighly fragmented and technology bac ward textile processing sector The rigid labour lawsH proving a bottlenec particularly to the garment sector. ;arge seasonal orders cannot be ta en because the labour strength cannot be reduced during the slac season. Inadequate capacity of the domestic textile machinery manufacturing sector. Aig demand and supply gap in the training facilities in textile sector. Infrastructural bottlenec s in terms of power, utility, road transport etc.
OPPORTUNITIES) Quota phase out I pushing the export growth to the level of 77 percent in 733'!3#. Increased usage of credit cards and availability of cheap finance would also provide fillip to impulsive apparel purchases.
THREATS) +ossibility of a global recession triggered by a wea ening dollar. Digher competition especially after 7336 when <hina cannot be restrained under CTO. 9on!availability of indigenous textile machinery. ;ac of domestic capital and absence of appetite of domestic industries to invest in the quantities envisaged for "7 percent growth target.
RESEARCH
DEVELOPMENT
>ll is equipped with the state of art technology lab for grading & testing of cotton yarn. the state of art lab has automated technology li e $ster DBI ,>)I%, $ster Tester $ster Tensorapid, $ster <lassimate,-esden %plice scanner. The ;ab stands tedtimony to >ll ideology of being in tune with the times.
MANUFACTURING PROCESS
A>;( ;*I9=
A;OC 0OO<>01I9= .)O0 <>01(1/ 10>C )0>-( .A0(>E(0/ . )O0 <O-A(1 *>09/ +0( 10>CI9= $9I;>+ <O-A(0 10>C )0>-( .)I9I%D(0/ %+((1 )0>-( 0I9= )0>-( >$TO<O09(0 %I9=;( *>09 1O$A;( *>09
The finance department develops and implements the financial plans that help the company realiLe its obGectives. Ay constantly monitoring the companyRs financial vital signs, the finance department trac s how the business performs against financial goals, and eeps other business units up!to!date. The accuracy, timeliness, and security of business information are of paramount importance to the finance department. To deal with these challenges, financial managers rely on business management software to help eliminate human error, accelerate business processes with automation, support regulatory compliance, and improve analysis and forecasting.
LOAN)> loan is a type of debt. ;i e all debt instruments, a loan entails the redistribution of financial assets over time, between the S and the S.The borrower initially receives an amount of money
from the lender, which they pay bac , usually but not always in regular installments, to the lender. This service is generally provided at a cost, referred to as interest on the debt.
DEFINITION OF LOAN) -oney borrowed that is usually repaid with interest. >n amount of money a borrower will ta e out from a lender to pay for a purchase. The principal or amount of total borrowed money that is repaid with interest.
NATURE OF ADVANCE
Aan provide advance to their customers in various forms Icash credit, term loans overdrafts ,and purchase or discounting of bills. The principal features of various types of advance are briefly described below.
CASH CREDIT
<ash credit facility is provided mainly to individuals of enterprises engaged in manufacturing and trading activities to enable them to carry on their activities. The amount of cash credit facility to be sanctioned to a unit is need based and wor ed out as per well! defined parameters in each ban the guidelines of the 0eserve ban of India may also affect the quantum of the facility in some cases. The cash credit facility is generally granted against the security of stoc of goods, standing crops, bills of boo debts representing genuine sales! all belonging to the borrower. These assets are primary security for the advance.
OVERDRAFT
Overdraft facilities are granted to a current account holder. $nder the arrangement, the customer can draw up to an agreed sum in addition to his credit balance in the account . The overdraft facilities may be either secured or clean and does not generally carry a repayment schedule. The most common form of security for an overdraft arrangement is term deposit receipts issued by the same branch where the overdraft is availed of . In some cases , overdraft facilities may be granted by a branch against the term deposit receipts issued by the other branches of the ban
DEMAND LOANS
> demand loan is an advance of a fixed amount repayable on demand. The entire amount is paid to the borrower in a single transaction. The repayment if demand loans may be either in one lump sum or by installments. Interest is calculated on the basis of daily outstanding and applied at stipulated periodic intervals usually not exceeding a calendar quarter.
*ILLS
Chile the cash credit finance against stoc is intended to be used for financing the pre!sale stage i.e procurement of raw material, their processing and conversion in to finished goods to bring them in to salable condition as well as to carry reasonable quantities of these goods lying in various stage, the finance against bill is meant to finance the actual sale transaction. The finance against bills ta e three formsH purchase of bills by the ban if these are payable Son demand 1iscounting of bills if these are usance bills >dvance against bills under collection from the drawees, whether sent for realisation through the ban or sent directly by the drawer to the drawees
cash on to the ban in case of need. Aan accepts various type a assets as collateral security
PERSONAL SECURITIES OF GUARANTOR The +ersonal securities of =uarantor comprises guarantee by third party for payment of the outstanding in the event of default by the borrower. 9o charge is created on the granters moveable or immovable assets the personal security ion the guarantor can be enforced only through the component court of law.
FIXED AND FLOATING CHARGES > fixed charge .also called Sspecific charges/ is a charge on some specific and ascertained asset. the creator of the charge.i.e, the borrower/ cannot deal with the assets without the specific consent of the holder of the charge.i.e. lender/ > floating charge on the other hand, is an equitable charges on the assets, present as well as future. > floating charge attaches to assets whose condition various from the time to time in the ordinary of course of business.wor in progress / a floating charge crystalliLes . become a fixed charge/ when money become repayable and the holder of the charge. lender/ ta es necessary steps for the enforcement of the security
EOU INDIA
EVOLUTION OF EOU CONCEPT
The need for higher level of technological and industrial progress made the =overnment devises a series of export promotion schemes. One such scheme is the export +rocessing %cheme introduced on the "4#3s and expanded in the "463. The export ones were intended to provide an internationally competitive duty!free environment coupled with better infrastructure facilities for export production. The concepts was further during the "4637s by providing for location of such export production unit outside the designated export Lones. These $nits were called (xport Oriented units .(O$s/. Over the last decade, (xport oriented units have evolved as a maGor player in the countrys export effort. There have grown consistently at double!digit level, and recorded a growth of about "6' during the year 7333!3". Their share of manufactured export of the country has almost doubled from '? in "44"!47 to about ""? in 7333!3"
FEASI*ILITY ANALYSIS
This analysis is underta en to ascertain the desirability of investing funds in the development of proGect idea. The viability of identified proGects is analyLed to now the acceptability of the new proGect from technical, financial, mar eting, managerial and other considerations. In case proGect appears to be feasible, we can proceed to the second phase, if not feasible, idea can be abandoned and if adequate information is not available, extra efforts are put in to collect the same.
CHAPTERS)I. +0O8(<T >T =;>9<( II. A0I() >AO$T TD( +0O8(<T III. I-+;(-(9T>TIO9 O) TD( +0O8(<T IB. %T>T$% O) =OB(09-(9T >++0OB>;% B. ->9$)><T$0I9= +0O<(%% BI. 0>C ->T(0I>; >B>I;>AI;IT* >91 $TI;ITI(% 0(Q$I0(1 )O0 TD( +0O8(<T BII. ->0E(TI9= BIII. >%%$-+TIO9%
PRO9ECT AT GLANCE
CHAPTER-I
1 Installed capacity %pinning of cotton yarnH #563 -T 2 >ctual capacity utiliLation .23333 spindles/ Ist year 63? IInd year 43? ! +roGect cost ;and & site Auilding +lant & machinery -isc.fixed assets +re!operative expenses +rovision for contingency -argin for wor ing capital TOT>; " -eans of finance Term loan Internal cash accrual TOT>; # $ 7 ( +romoters contribution 1ebt service coverage ratio IproGect Area even point Area even point on cash basis ,'33.33 "6,'.33 42,'.33 73? ".'" "22 #6.'" IIIrd year 4'? & Onwards >mount in lacs "675.33 "5#3.33 5634.7' 733.33 "33.33 5#6.,' '"2.33 7!7#.00
The new company has to obtained license for the installation of spindles. The construction of building is expected to be commenced in the month of >ugust, 7336.9egotiations with the machinery suppliers are being made and the orders for maGor machinery are being placed with the machinery suppliers. The building is scheduled to be delivered in the month of 1ecember! 7336@8anuary, 7334. The installation of machinery will ta e another two!three months and is expected to be completed in the month of )ebruary@-arch, 7334. Trial production is expected to be commenced in the month of -arch, 7334 and commercial production in >pril, 7334.
;etters of +ermission
0egistered as (+<= by =ovt of India, -inistry of Industry, 1ept. of Industrial 1evelopment, section of Industrial approvals, (O$ %ection , 9ew 1elhi . The required load of 5EC approximately has been applied to +%(A. )urther another ## EB sub! station will be installed. 9.> 9.> 9.O.< from +unGab +ollution control Aoard Obtained
%tatus of +ower
0eserve Aan of Indias +ermission -0T+ Cater & >ir +ollution requirement
MANUFACTURING PROCESS
CHAPTER-V
*LOW ROOM)<otton, which is in the form of highly compressed bales weighing approx. ",3 Egs, is passed through the blow room having various opening and cleaning machines nown as beating points to convert it into a loose form for easy subsequent processing. The process of opening also remove impurities of cotton such as sand, seed particles, dust, leaf matter. (tc. nown as trash, to a substantial extent. The process of preparing suitable pac ages . nown as ravings/ for ultimate ring spinning is termed as spinning preparation.
CARDING))rom Alow 0oom, loose cotton is fed to the carding machines or cards either through a manual system of laps or the modern automatic system of pneumatic chute feeding. In cards, the cotton is further individualiLed through combing action of fine wire points. The material combing out of card in the form of loose fibrous rope nown as card silver is collected and stored in cans.
COM*ING)The next stage of processing is combing. <ard silver is fed to draw frames for a precomb drawing and further to combing preparation machines such as $nilap or %liver@0ibbon ;ap machines to prepare cotton in a sheet form suitable for combing action. On combing machines, small laps of cotton are fed and short fibers are removed through combing action to improve the spinning of cotton for producing stronger and batter quality yarn. The end product from comber is also in the form of sliver which is stored in cans. In case of carded yarns, the material is fed to draw frames straightaway without combing process.
DRAWING)-
<ombed sliver or card sliver, as the case may be, is passed though draw frames to improve the uniformity of material and paralleliLation of fibers in the silver. This is achieved by feeding up to 6 slivers in a drafting system which attenuates the sliver strand by as many times so that the weight per unit length of end product is same as that of single sliver fed to the machine. The draw frame sliver now gets ready for roving operation.
ROVING)0oving operation i.e. intermediate step between the preparatory and final yarn spinning, converts the combed uniform strand of fibers into a thin softly twisted strand .usually "3!"7 times thinner than sliver/ of fibers nown as roving which is the feed material for ring spinning. The process carried on fly frames or modern day inversion i.e. speed frames is a two stage process whereby firstly the slivers are passed through a drafting system to ma e a thinner strand & then twist is imparted on flyers mounted on roving bobbins.
RING SPINNING)The feed material in the form of roving bobbins is put on the creel of ring frame which has now! a!days up to "333!"733 spinning positions nown as spindles. (ach spindle has its own ring and traveler system which inserts twist in the yarn and also aids formation of yarn on the bobbins. The roving passes through a top!arm drafting system where the fibrous strand is further thinned .up to 7'!2' times depending upon desired yarn count etc./ and individual fibers from the nip of drafting rollers enter the spinning Lone to ma e final yarn which also continuously winds on to the spinning tubes.
POST SPINNING)-
%ince the pac age of yarn formed on ring frames contains small quantity of yarn .usually about ,3!"33 gms/, the next stage of processing called winding, converts the smaller ring frame pac ages into bigger@heavier pac ages .about 7.'!5 gs/ nown as cones or cheeses. Cinding can be manual or automatic. 1uring winding, certain yarn defects such as thin and thic places are also removed. 9ow!a!days, automatic cone winders have electronic yarn cleaning devices which ensure the yarn quality within predetermined parameters and splicers which give notless yarn. The single yarn thus produced can be doubled on either doublers or two!for!one twisters. The yarn pac age are then conditioned and subsequently pac ed suitable.
UTILITIES RECUIRED
CHAPTER-VI
.) RAW MATERIAL
The required raw material for the proGect i.e. cotton of high quality will be used li e Indian .D!5, 8!25, %!#, -<$!', etc/, $%> <otton .%8B >cala, +ima etc/, (gyptian cotton .=iLa/ and to meet the production requirements company had to undergo into contracts with different suppliers in different countries.
<) POWER
The total electric load required for the said +roGect is approx 5 -C. The company has to ma e an application to +%(A for the required load. The company also proposes to install ##EB
substation. >s standby arrangement, the company proposes to add eight =enerator set of "7'3EB ;oad each.
>) WATER
The company will install tube wells to meet the water requirements of the new unit.
0) HUMIDIFICATION
To maintain the desired humidity conditions, the company will install humidification plant.
3) MAN POWER
The total man power requirement for the proGect is estimated at 533 including administrative and other personnel. 0equired labor is easily available and will be employed as and when required.
MAR8ETING
CHAPTER-VII
I had decided that most of the production of the unit is being exported to the countries li e Dong Eong, %ingapore, Eorea, Taiwan, <anada, <hina, and %witLerland etc. The company has to establish the mar et networ with the overseas buyers and has to face many problems in the mar eting of finished products. -oreover with the installation of imported machinery with latest technology, the quality of the finished product will be quite rich, which will definitely help in widening the networ and therefore will help in increasing the exports of the company.
ASSUMPTIONS
CHAPTER-VIII
". Installed capacity of the plant is #563 -.T. per annum for the manufacturing of cotton yarn of 23 %@" <A. The actual capacity utiliLation for the "st year has been assumed at 63? and 7nd year 43 ? and third year onward 4'?. 7. 9umber of wor ing days 2#3 and the factory shall run three shifts a day. 2. +rovision for contingencies has been assumed at '?. 5. The term loan of 0s.,'33 ;>< will be repaid in 53 quarterly installments of 0s. "6,.'3 ;>< each '. The rate of interest at "7? p.a. >nd on wor ing capital O "3? p.a. #. 1epreciation on fixed assets has been calculated on C1B at the rate as per schedule :IB of the companies >ct, "4'#. ,. The repair and maintenance expenditure has been estimated at 0s. 3.2' per spindle per shift with increase of 2? from 2rd year onward.
6. Cages and salaries are assumed to increase by '? every year 4. Office salaries are assumed to increase by '? every year. "3. The unit will use cotton of D5 and 825 grades "". %elling and purchase prices has been ta en eeping in view the prevailing mar et prices. "7. +rovision for tax has been calculated after ta ing depreciation admissible under the Income Tax >ct. "'. It is assumed that construction of the building is to be completed up to 2" 1ecember 7336 and commercial production will start up to " st >pril 7334.
NO.
ANNEXURES
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AAA.../1,,n13/n.1,&n.2.>&B
I HAVE MADE ANALYSIS OF THE FINANCIAL STATEMENT OF COMPANY FOR NEXT TEN YEARS ON ASSUMPTION *ASIS TO GET THE *ENEFITS OF FINANCE FACILITY FROM *AN8. IN THIS I HAVE DONE THE FOLLOWING THINGS FOR NEXT TEN YEARS TO ACHIEVE THE O*9ECTIVES) COST OF PRODUCTION *ALANCE SHEET CASH FLOW STATEMENT RATIO ANALYSIS *REA8 EVEN ANALYSIS INTERNAL RATE OF RETURN PROFITA*ILITY STATE MENT
A./1, G/&@;
>>0TI =0O$+, which has incorporated in "4,, in the name of >arti %teels ;imited & has ta en rapid strides to emerge as one of 9orth Indias manufactures & processor of steel with an annual turnover of $% & ",3 million & a wor force of over 7333 personnel. >>0TI %T((;% ;I-IT(1 is located at ;$1DI>9>, +$98>A. The <ompany has got a mini %teel +lant with a capacity of ".7' lacs tones per annum. The company is manufacturing carbon, %pring %teel and ;ow >lloy %teels, which are used in >utomobile %ector of Indian (conomy. Cire 0ods, Cires drawn and galvaniLed, are also its thrust areas. <onstant $p gradation of technology is always alive on the agenda of the company, most modern (lectro -agnetic %tirring facilities at stage one of moderniLation have been recently installed for quality up gradation on continuous casting machine. 7#K <ontinuous 0olling -ill & Bacuum 1egassing arrangements installed recently. Over the years >arti group has emerged as a thriving organiLation due to its ability to transform itself rapidly to meet the challenges of highly competitive global economy and it committed to become a supplier of choice. %o, the group has turn into maGor expansion and a most modern
technologically efficient and eco!friendly green field integrated steel plant has been set up at =hanti Ehal, Orissa .
ORISSA PRO9ECT- T+3 S1332' D,-,',&n &? 1+3 :/&@; ,' '311,n: @; .n (($ C/&/3
P2.n1 ,n O/,''.D A+,>+ symboliLes groups growth pace. The main aim of Orissa +roGect is to ;/&0@>3 -.2@3 .0030 '1332 for the automobile sector for 1omestic and International mar et & to convert value added steel in to ?&/:30 .n0 ?,n,'+30 >&B;&n3n1' ?&/ domestic and international mar et. C.;.>,14 ) 0.# M,22,&n 1&n &? >./<&n .n0 .22&4 '1332 <oal Cashery H <apacity " million ton <aptive power plant H 1) 1I"0 MW 7/ 7U53 -C Iproposed %-% .%T((; -(;TI9= %DO+/ "/ 7, 33,333 tons 7/ 2, 33,333 tons ! +roposed %ponge Iron "/ "U",3333 -T 7/ "U",3333 -TI proposed
%>) <apacity ('@<B3/:30 ./>30 ?@/n.>3) 23333 -T @annum The group is also running its Dospital besides Theatre business at ;udhiana. 1uring "445, company diversified into the textile by setting up 76,333 spindles .1 L@0+,.n. in the name of >>0TI I9T(09>TIO9>; ;I-IT(1. They added another set of 76,363 spindles under a separate shed at same location, which come into commercial production w.e.f. 9ovember "6, 7333 and added another #,73 spindles in 9ovember, 7337 9ow another '3533 spindles have been commissioned at the same location under one shed.
H,:+2,:+1' O? A./1, In13/n.1,&n.2 L10 "/ )irst in India to introduce <ompact %pinning. 7/ 73556 spindles to produce <O-+><T *>09 I one of the largest installations of compact yarn machinery in India. 2/ One among the five companies in India to get USTERIJED quality certificate from $%T(0, %witLerland. 5/ Daving %upima ;icense & <otton $%> ;icense from <otton <ouncil International. '/ Eeeping regular inventory of Indian <otton for at least six months and imported cotton such as $%!+ima, %8B >cala, )ibermax and (gyptian =iLa for at least two months. #/ "33? &n2,n3 B&n,1&/,n: &? 4./n 1+/&@:+ $%T(0 Q$>9T$- gauges.
,/ LA*ONLINE .<omputer aided yarn clearing/ installed in all gauges I <onsistency in yarn quality achieved by activation of alarms in gauges to eliminate rogue bobbins. >lso precise setting of clearing curves through <>*. 6/ Online monitoring of preparatory machine using %+I1(0 C(A from 0ieter 4/ <ontinuous monitoring of power consumption by (9(0<O9. "3/ Online facility to chec shipment status on website
www.aartiinternational.com by using login & password provided
Ay them to individual buyers@ agents. ""/ >pproved yarn supplier to all (%+0IT Bendors Corldwide.
H,:+2,:+1' &? n3A E=;.n',&n P/&63>1 &? A./1, "/ L./:3'1 ,n'1.22.1,&n &? L,n5 >&n3/' ,n In0,.. 7/ %emi I>utomatic bobbin transportation system from %implex to 0ing frame from ELECTRO9ETD S;.,n for improving material handling. 2/ ;atest polypropylene clearer from $%T(0 to be installed in all gauges. 5/ <ontamination <learing system with polypropylene detection after every fine cleaner. '/ 0I(T(0 preparatory and TO*O1> 0ing frames with >uto doffer .
D,??3/3n1 14;3' &? AA./0 &/ A&n <4 A./1, In13/n.1,&n.2 L10. T+34 ./3 1+3 ?,/'1 ,n In0,. 1& :31
C@.2,14 >3/1,?,>.13KKK..
To monitor each and every centimeter of yarn , the "33? of our yarn is passed through USTER CUANTUM =auge with USTER CONE EXPERT. USTER CAY optimiLes clearing curve through computer. -inute adGustment of clearing curve with <>* help in removing obGectionable faults. (ach and every fault can visualiLe and can be simulated to see its effect on fabric.
9ew fabric simulation allows realistic visualiLation of all ind of fabrics with the produced yarn. >ll yarn parameters can be changed for direct comparison of the fabrics on the screen
MACHINE SETUP OF AARTI INTERNATIONAL INCLUDING NEW UNIT V Loptex Optosonic : The new loptex concept implements the full control of contamination in the
opening process. It is the simplest and most effective system to remove contamination in the spinning preparation line. Optical detection of colored contamination doubled with ultrasonic detection of colorless materials Card C-6 for higher productivity !raw frames "#$ !-% for highest &uality
M,22-I MACHINE A;OC 0OOMODEL ;>E%D-I NO OF MODEL MACHINES 2 ;I9(% 2 0I(T(0 ;O+T(: >91 BI%IO9 %DI(;1 <!'" (!#7 1!23 ;)!"533> %$(%%(9 <O-+><T 0I9= )0>-( ;0!# 76 ;>:-I CITD <O-+><T 0(TO)IT %(T ;0!# >$TO <O9(0 %<D;>)DO0%T! 726 >91 226 "3 -$0>T(< ,!B >91 7"!< M,22-II NO OF MODEL MACHINES 2 ;I9(% 2 0I(T(0 ;O+T(: M,22-III NO OF MODEL MACHINES 5 ;I9(% 2 0I(T(0 ;O+T(: M,22-IV NO OF MACHINES 2 ;I9(% 2
<O9T>-I9>TIO9 <;(>0I9= ;O+T(: -><DI9(% <>01 <O-A(0 10>C )0>-( %+((1 )0>-( ;<!"33 & ;<! 233> (!,@5 0%A !6'" ;)!"533>
23 23 4 "3
75 72 "3 "7
"# "' , 6
"#
57
7'
TOTAL SPINDLES
2(22"
!"(00
#0"00
!0000
'atest generation (inser 6)-I speed frame *irst of its +ind automatic transportation system for speed frame bobbins *irst of its +ind automatic unit with Toyoda ring frame, auto doffer and lin+ coner.
.@1&B.1,> @n,1
with TO*O1> 0ing frame >uto doffer and
LIN8 CONER
F&/ ?@1@/3 >&//3';&n03n>3' ;23.'3 n&13 .' @n03/)9ame of the <ompany H >>0TI I9T(09>TIO9>; ;I-IT(1 ."33?(.O.$. T(:TI;( 1IBI%IO9/ Owners @ 1irectors H %h. %ohan ;al -ittal .CHAIRMAN/ %h. %hiv +rasad -ittal.M .D/ %h. -ahesh -ittal.DIRECTOR/ %h. 0aGeev -ittal.DIRECTOR/ %h.Binaya -ittal.DIRECTOR/ >dmn. Office H>>0TI %T((;% -I;; +0(-I%(% )O<>; +OI9T, ;$1DI>9> +hone 9o. )ax 9o. Cebsite. <ontact +ersons H H H H 334"!"#"!233#233 334"!3"#"!233#2'3
www.aartiinternational.com
-0. %. E. -ahaGan, Bice +resident .% mahaGanOaartiinternational.com/
IN ECONOMIC ASPECT)a/ The proGect shows results in output. b/ The productivity will be reflected in more income & employment of wor ers, more government revenues, higher earning for owners of capital etc.
IN TECHNICAL ASPECT)The proGect gives the review ofH! a/ +roduct mix b/ +roduction capacities c/ +rocess of manufacturing d/ %ource of raw material, plant & equipment, manpower requirement, and infrastructural facilities li e power & repairs.
IN FINANCIAL ASPECT)a/ The proGect gives the results in cost estimates, and profitability of the proGect up to next "3 years. b/ Ce find the I00 "'.76? to identify the association of cost and expected revenues. c/ 1ebt service ratio indicates the ".'" times interest is covered by the profit available to pay the interest charges & installments. d/ <ash flow statement also shows the inflow & outflow of funds. e/ >t 0s. "22 ;acs proGects shows the brea even point.
IN MAR8ETING ASPECT)a/ In sale ,'? portion will be of export and 7'? portion will be of 1T> .domestic tariff area/ sale. b/ The sale price or yarn is 0s. "23. c/ -ain export countriesH! <hina Aangladesh -alicious (urope >merica
CONCLUSION)+roGects are the building bloc s built to meet enterprises obGectives and as such effective proGect management is required to complete the proGect in scheduled time and within resources earmar ed. I have made analysis of the financial statement of the company for next ten years on assumption basis to get the benefit of finance facility from ban . In this I have done the following things to achieve the obGectives. <ost of production & profitability statement. Aalance sheet <ash flow statement 0atio analysis Area even analysis Internal rate of return <ost sheet 1. T+@' 1+3 ;/&63>1 ,' .n 3>&n&B,> .>1,-,14 A,1+ A322 03?,n30 &<63>1,-3' .n0 +.-,n: . ';3>,?,> <3:,nn,n: .n0 3n0. 2. I1 ,' .B3n.<23 1& ;2.nn,n: ?,n.n>,n: .n0 ,B;23B3n1.1,&n .' . @n,1 A+3/3 <&1+ >&'1' /31@/n' ./3 B3.'@/.<23. !. I1 ,n>2@03' . >&//3>1 >&n',03/.1,&n &? .213/n.1,-3'D ,03n1,?,>.1,&n &? 534 ,''@3'D A,03/ ;./1,>,;.1,&nD >&B;.>1n3'' .n0 3n?&/>3.<,2,14.
*I*LIOGRAPHY)*OO8S) )I9>9<I>; ->9>=(-(9T (BY SHASHI K.GUPTA & R. K. SHARMA) =$I1>9<( 9OT( O9 >$1IT O) A>9E (THE INSTITUTE OF CHARTERED ACCOUNTANT OF INDIA, NEW DELHI /
WE*SITES) <OTTO9 <O9%$-+TIO9 .%%I & 9O9!%%I $9IT%/ www.txcindia.com %T>T(CI%( 9O. O) %+I99I9= -I;;% www.txcindia.com )O0(I=9 1I0(<T I9B(%T-(9T www.txcindia.com =0OCTD I9 <>+><IT* O) <OTTO9 I9 I91I> www.txcindia.com I9T0O1$<TIO9 O) >>0TI www.aartiinternational.com 0O;( O) )I9>9<( 1(+T. www.microsoft.com