Swot Analysis Of Textile Industry

1483 Words6 Pages
INTRODUCTION TO TEXTILE SECTOR Textile includes all business related to yarn and clothes, so all the business from Cotton Ginning to Cloth and Apparel manufacturing comes under the Textiles. There are different functions of Textiles, which are as follows: Ginning This is the first stage where the cotton separates from seeds. This stage's raw material is a cotton seed. Release Weaving Mills Limited does not cope with this function. Spinning This stage's raw material is cotton. This cotton is spun to make yarn .Yarn produced in various features, it is the main raw material of Reliance Weaving Mills Limited, which is purchased from the local market. Weaving The yarn is converted into cloths by power looms or handheld machines. Reliance Weaving…show more content…
QUALITY POLICY of Reliance Weaving Mills Ltd. COMMITMENT TO EXCELLENCE • We try to produce the unique products as our priority is commitment to excellence. • To meet the requirement and expectations of our customers we try to produce fabrics and yarn of the best export quality • We try to improve our self in day to day quality work. We organize the training and necessary feedback on our performance. FINANCIAL YEAR The financial year of the company is from July 1st to June 30th. LABOUR AND TEACHNICAL KNOW-HOW The company has hired experienced team and skillful labor, which is engaged in the running of existing manufacturing facilities and is providing a good quality. DIVIDEND POLICY • From the last 5 years the company is declaring regular dividends to its shareholders. • The shareholders are totally satisfied with the company performance and dividends. • Due to regular payment of dividend in each year to the shareholders the market value of the company’s shares are increasing. PROCESS OF WEAVING UNIT The process of weaving starts from the Placement of Order by the buyer (The buyer places the order at the Head…show more content…
• Number of Ends and Picks per inch. • The Pattern of Warp and Weft. • The ratio of chemicals used for Sizing. • Kind of Packing required. • Net Weight and Gross Weight of the Packing. After the buyer places the order, the Director decides whether the yarn should be purchased or it should just be transferred from RWML's one of spinning unit to the Weaving unit. Yarn Store Yarn is sent to the yarn store when it reaches to the mills. A Yarn Store Assistant is responsible for receiving and shifting of the yarn in the store. He also maintains proper record for Yarn. Documentation for the Yarn Store (1). Yarn Store Ledger When the yarn reaches the mill, all the information is entered in the Yarn Store Ledger Such as; • Quality, Supplier, Count and Brand of Yarn. • Date of Receipt and Issuance. • Closing Balance and Opening Balance. (2). Yarn Received and Issuance Report In this report following type of information is available. • Count and Brand of Yarn. • Date & Amount of Opening Balance, Receipt, Issued, Transfer, Closing Balance. • Remarks (If any) (3). Yarn

More about Swot Analysis Of Textile Industry

Open Document