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Seminar Report
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TABLE OF CONTENTS
TABLE OF CONTENTS.........................................................................................................2
executive summary........................................................................................................3
1. INTRODUCTION TO VARDHMAN......................................................................................4
1.1 mission......................................................................................................................5
1.2 PHILOSPHY................................................................................................................6
1.3 HISTORY....................................................................................................................7
1.4 PORTFOLIO................................................................................................................8
1.4.1 Yarns...................................................................................................................9
1.4.2 Sewing Thread....................................................................................................9
1.4.3 Fabrics..............................................................................................................10
1.4.4 Fibre..................................................................................................................10
1.4.5 Steel.................................................................................................................10
1.5 HOLDINGS ..............................................................................................................10
1.6 PERFORMANCE ....................................................................................................11
1.7 ACHIEVEMENTS ...................................................................................................13
1.8 SOME OF OUR CSR ACTIVITIES -.............................................................................14
2. introduction to vardhman thread overview..................................................................16
2.1 Threads overview....................................................................................................16
2.2 THREADS - Embroidery ..........................................................................................16
2.3 Products .................................................................................................................18
2.4 THREADS - Embroidery ..........................................................................................18
2.5 THREADS - INDUSTRIAL PRODUCTS .....................................................................19
...............................................................................................................................19
2.5.1 APPAREL - OVER DYED .....................................................................................19
RESEARCH METHODOLOGY..............................................................................................20
3. RESEARCH METHODOLOGY..........................................................................................20
3.1 SAMPLE...................................................................................................................21
3.2 DATA COLLECTION..................................................................................................21
3.3 OBJECTIVE OF THE STUDY.......................................................................................21
4. Data analysis and interpretation..................................................................................23
4.1 ...............................................................................................................................23
MAJOR BUYERS..............................................................................................................23
4.2 NO. OF GARMENTS PRODUCED PER MONTH...........................................................24
4.3 KINDS OF GARMENTS PRODUCED...........................................................................25
4.4 GARMENTS OVERDYED PER MONTH........................................................................26
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4.5 AWARENESS ABOUT THE OTHER THREADS USED FOR OVERDYEING......................27
4.6 BUYERS FOR OVERDYED GARMENTS.......................................................................28
4.7 THREADS USED IN STITCHING GARMENT FOR OVERDYEING PURPOSE...................29
5. FINDINGS AND INTERPRETATION..................................................................................34
CONCLUSION...................................................................................................................35
BIBLIOGRAPHY.................................................................................................................36
EXECUTIVE SUMMARY
Vardhman has evolved through history from a small beginning in 1965 into a modern textile
major under the dynamic leadership of its chairman, S.P.Oswal. His vision and insight has
given Vardhman an enviable position in the textile industry. Under his leadership, Vardhman
is efficiently using resources to innovate, diversify, integrate and build its diverse operations
Vardhman is the second largest producer of sewing thread in the country. The sewing thread
manufacturing capacity is being expanded from 17 tons per day to 33 tons per day in its
sewing thread plants located at Hoshiarpur, Baddi and Ludhiana. Sewing threads contributes
11 percent of the group turnover. Chroma is a 100 % mercerized cotton thread meant for
garments which are to be Overdyed. Chroma provides with better strength as compared to
In this project I have covered the various aspects regarding RFD thread Chroma which is
manufactured by vardhman. I have conducted my study in the NCR region regarding the
competition and the market share of the vardhman. I have visited various units to gather the
information regarding the awareness level among the existing export houses about the RFD
thread of Vardhman. During the study, various aspects are considered to make the
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1. INTRODUCTION TO VARDHMAN
Vardhman Group is a leading textile conglomerate in India having a turnover of $700 mn.
Spanning over 24 manufacturing facilities in five states across India, the Group business
portfolio includes Yarn, Greige and Processed Fabric, Sewing Thread, Acrylic Fibre and
Alloy Steel.
Vardhman Group manufacturing facilities include over 8,00,000 spindles, 65 tons per day
yarn and fibre dyeing, 900 shuttleless looms, 90 mn meters per annum processed fabric, 33
tons per day sewing thread, 18000 metric tons per annum acrylic fibre and 100,000 tons per
Vardhman has evolved through history from a small beginning in 1965 into a modern textile
major under the dynamic leadership of its chairman, S.P.Oswal. His vision and insight has
given Vardhman an enviable position in the textile industry. Under his leadership, Vardhman
is efficiently using resources to innovate, diversify, integrate and build its diverse operations
4
1.1 MISSION
Vardhman aims to be world class textile organization producing diverse range of products
for the global textile market. Vardhman seeks to achieve customer delight through
citizen.
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1.2
6
PHILOSPHY
1.3 HISTORY
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The industrial city of Ludhiana, located in the fertile Malwa region of Central Punjab is
otherwise known as the "Manchester of India". Within the precincts of this city is located the
Corporate headquarters of the Vardhman Group, a household name in Northern India. The
Vardhman Group, born in 1965, under the entrepreneurship of Late Lala Rattan Chand Oswal
has today blossomed into one of the largest Textile Business houses in India.
At its inception, Vardhman had an installed capacity of 14,000 spindles, today; its capacity
has increased multifold to over 8 lacs spindles. In 1982 the Group entered the sewing thread
market in the country which was a forward integration of the business. Today Vardhman
Threads is the second largest producer of sewing thread in India. In 1990, it undertook yet
another diversification - this time into the weaving business. The grey fabric weaving unit at
Baddi (HP), commissioned in 1990 with a capacity of 20,000 meters per day, has already
made its mark as a quality producer of Grey poplin, sheeting, shirting in the domestic as well
as foreign market. This was followed by entry into fabric processing by setting up Auro
Textiles at Baddi and Vardhman Fabric at Budhni, Madhya Pradesh. Today the group has
900 shuttleless looms and has processing capacity of 90mn meters fabrics/annum.
In the year 1999 the Group has added yet another feather to its cap with the setting up of
Vardhman Acrylics Ltd., Bharuch (Gujarat) which is a joint venture in Acrylic Fibre
production undertaken with Marubeni and Exlan of Japan. The company also has a strong
presence in the markets of Japan, Hong Kong, Korea, UK and EU in addition to the domestic
market. Adherence to systems and a true dedication to quality has resulted in obtaining the
coveted ISO 9002/ ISO 14002 quality award which is the first in Textile industry in India and
1.4 PORTFOLIO
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The group portfolio includes Yarn, Fabrics, Sewing Thread, Fibre and Alloy Steel.
1.4.1 YARNS
Yarn Manufacturing is the major activity of the group accounting for 47 percent of the group
turnover. Vardhman is virtually a supermarket of yarns, producing the widest range of cotton,
synthetics and blended, Grey and Dyed yarns and Hand Knitting Yarns, in which Vardhman
is the market leader in India. The group has twenty one production plants with a total
capacity of over 8 lacs spindles, spread all over the country. In many of the yarn market
segments, Vardhman holds the largest market share. Vardhman is also the largest exporters of
yarn from India, exporting yarns worth more than USD 150 million.
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Vardhman is the second largest producer of sewing thread in the country. The sewing thread
manufacturing capacity is being expanded from 17 tons per day to 33 tons per day in its
sewing thread plants located at Hoshiarpur, Baddi and Ludhiana. Sewing threads contributes
1.4.3 FABRICS
The group has created state-of-the-art fabric weaving and processing facilities in its plant at
Baddi, Northern India. The group has installed 900 shuttle less looms and a fabric processing
capacity of 90 million meters per annum in collaboration of Tokai Senko of Japan. Fabrics
1.4.4 FIBRE
The group has set up an Acrylic Staple Fibre plant at Bharuch in Gujarat in collaboration with
Marubeni and Japan Exlan of Japan. The plant has annual capacity of 18000 tons per annum.
1.4.5 STEEL
The Group is also present in upper-end of the steel industry. The group has manufacturing
capacity of 100000 tons of special and alloy steel. The group supplies its steel products to
some of the most stringent quality steel buyers like Maruti and Telco. It contributes 10
1.5 HOLDINGS
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5. Vardhman Yarns and Threads Limited
1.6 PERFORMANCE
During the last 5 years, Vardhman Group has recorded 10 percent top line growth rate, which
is higher than the industry average growth rate. The Group turnover has grown from Rs 723
crores in 1995 to Rs 3186.32 crores (about USD 700 million) in 2008-09. The exports has
grown from negligible level in early nineties to Rs 689 crores (USD 150 million) in 2008-09.
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Textile Export Promotion Council 2007-08
Silver Trophy
Bronze Trophy
Silver Trophy
Award of Merit
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Textile Export Promotion Council 1993-94
It's an overwhelming feeling when the efforts and hard work put in are recognized and
felicitated. A feeling that galvanizes the group into believing in more, in itself and reaffirming
The Vardhman Group became India's first textile company to be awarded ICO9002/ ISO
14002 Certification. It is the largest producer and exporter of yarns and Grey woven fabrics
from India. Vardhman is also the largest producer of tyercord yarns and the second largest
producer of sewing threads in India. The Vardhman Group vision of excellence is matched by
a dedication and sincerity to be the best and excel in every industry it has a presence.
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1.8 SOME OF OUR CSR ACTIVITIES -
Sri Aurobindo Socio-Economic and Management Research Institute is engaged in the promotion of
education, research and publications highlighting social and economic issues facing the society. The
Institute runs a Human Resource Development Centre for providing career counseling and guidance
to college students in Punjab. The teams of experts also visit the colleges in the state to prepare
Sprung from a keen desire to set up an educational institution in Ludhiana and inspired by the
writings of Sri Aurobindo and the Mother, the Trust has set up a college - Sri Aurobindo College of
Commerce and Management (affiliated to the Punjab University) with the mission to create an
institution with distinction dedicated to the ideals of creating disciplined career oriented young
people ready for going for administrative and management roles in enterprises or to set up their own
business as entrepreneurs.
A Vardhman initiative to improve the yield of cotton in Punjab in 2001 when the State had
suffered a shock of crop devastation and area under cotton cultivation was dwindling, led to
the experiment to adopt villages and see whether concerted efforts in bringing knowledge to
farmers could improve the yield of cotton. The experiment was successful as it improved the
yield of cotton to 873 kg/hectare in 2005 in adopted villages where the average yield of
cotton in the State of Punjab was 587 kg/hectare (world average - 700 kg/hectare). It found
which has the potential to penetrate into our everyday lives'. The Village Adoption
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Programme also found mention in the President's address to the nation on the eve of India's
56th Republic day. The President of India was gracious to bless one of the participating
Villages -'Gehri Buttar' (District - Bathinda) by his presence on December 10th 2005.
for storage, treatment and disposal of hazardous wastes generated by the Industry with a Government
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2. INTRODUCTION TO VARDHMAN THREAD OVERVIEW
2.1 THREADS OVERVIEW
Vardhman is a leading player in the Indian sewing thread market. The joint venture with A&E
Threads of USA offers complete thread solutions from tailoring to industrial applications. With 33
tons per day capacity spread over three plants located in North and South India, Vardhman is
uniquely positioned to serve the garment manufacturers across the world. Vardhman's customer
value proposition includes threads made from cotton, polyester, core spun, nylon and filaments,
Polymerised
Metallic
Specials
Hand / Needle
Hand Embroidery
People have always found deep personal pleasure and sense of satisfaction in creating articles of
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daily use and artistic works from basic equipment and materials. One of the crafts practiced since
times immemorial is needlecraft and embroidery - the urge to create with colourful threads.
Embroidery was used in Ancient Egypt to decorate the hems of royal robes, in tapestries in the
Middle Ages, and in ladies' samplers during the Colonial and Victorian eras. It continues as an art
form today.
Hand embroidery is used to decorate wall hangings, pillowcases, quilts and table runners. Hand
embroidery differs from counted cross stitch in that it uses many different types of stitches to achieve
texture and interest, whereas counted cross stitch uses a single stitch and relies on color and shading
for texture. Five stitches form the basis for hand embroidery. The stitches are outline, satin, lazy
Hand embroidery is a beautiful art that almost anyone can learn. It is an art that should be preserved
and well worth learning. The hand embroidery market in India is segmented into three segments.
Crochet Threads
Cross stitch
Counted thread work
Embroidery
Smocking
Tapestry
Applique work
Quilting
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2.3 PRODUCTS
Schiffli / Lace
Embroidery, the art of forming attractive designs with hand or machine needlework, has been
Schiffi embroidery is a single needle and single/multi head machine embroidery. Both mercerized
cotton as well as staple polyester fibers is used to manufacture this thread. It gives excellent
resistance to heat and organic solvent and good resistance to alkalis but sensitive to acdis.
APPLICATION:
Tex Sizes Available: 14, 18, 27, 35, 60, 80, 105, 120
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2.5 THREADS - INDUSTRIAL PRODUCTS
APPAREL
Knits
Wovens
Denim
Over Dyed
Special Application
CHROMA
affinity.
Applications
RFD Garments
Sizes Available
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RESEARCH
METHODOLOGY
3. RESEARCH METHODOLOGY
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3.1 SAMPLE
Primary data as well as Secondary data has been collected. Primary data has been collected by
personally visiting the companies and by filling the questionnaires. Secondary data has been taken
3. To check the awareness level of the RFD threads Chroma among the export houses.
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DATA ANALYSIS
AND
INTERPRETATION
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4. DATA ANALYSIS AND INTERPRETATION
4.1
MAJOR BUYERS
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These are the proverbial brands in attire world for whom the garment export houses in NCR
is making clothes. India is a major hub of garment industry as most of the reputed brands are
coming to the Indian market, as Indian market is a growing market and have a good potential
As per my survey conducted most of the export houses are producing the garments in the
range between 100000 to 150000 per month. As it indicates most of the firms are more or less
of same scale and there is a huge competition in the existing market of garment export
industry. As lots of benefits are provided by the government to these export houses, hence
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4.3 KINDS OF GARMENTS PRODUCED
As per the survey conducted it is concluded that ladies garments are in more demand like
ladies tops, skirts, cardigans and other hosiery related garments. It may be because women
are considered to be shopping buff that’s why they are main or easy target for them. Market
of ladies garment is strong as compare to men moreover its very expensive. No doubt the
market of women is strong but men and kids wear also play a vital role in generating the
revenue.
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4.4 GARMENTS OVERDYED PER MONTH
As per the survey conducted it is concluded that most of the companies which itself or giving
outside their clothes for overdyeing is in the range between 0 to 10%. It also shows that most
of the export houses overdyed their clothes in minimal percentage. It is because overdyed
garments are using in a very few areas for example in country like India Rajasthan is the
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4.5 AWARENESS ABOUT THE OTHER THREADS USED FOR
OVERDYEING
As per the survey conducted it is concluded that most of the garment export houses in NCR
region are just well versed with the RFD thread which they are using by themselves whereas
only few of the companies are just concerned about the other RFD thread available in the
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4.6 BUYERS FOR OVERDYED GARMENTS
These are the buyers for whom they overdyeing the clothes.
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4.7 THREADS USED IN STITCHING GARMENT FOR
OVERDYEING PURPOSE
RICHA GLOBAL
B VARDHMAN A 27 B015
GUTER
B.L CONE=5000METE
CONE=5000METE
B VARDHMAN ASTRA 60 RS
QUALITY 1
POLYTHREA CONE=5000METE
C D KTL 60 RS
1
CONE=5000METE
D PERFECT EURO 60 RS
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QUALITY
MEENU POLY
BOX=6000METER
B INDIA POLY 50 S
POOJA CHAIN
VIKRAM
AKRITI CHROM
KALAM KARI
30
TE*21( 1 CONE=
B GOKUL 20 METRES)
PACIFY ( 1 CONE= 20000
C YARNS 40 METRES)
B IMPACT 24 2280/2024/2430
ACHIEVER
CREATIONS PVT.
GULATI EXPORT
B INDIGO 27 A-350
MODELAMA
B MADHURA 60 METRES
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MADHURA CHAIN I BOX= 400
CHAIN 27
PANEX
OVERSEAS
C VARDHMAN A 40 METRES
Y KAPOOR
B VARDHMAN 30 METRES
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LTD
1CONE= 5000
B PASHUPATI 50 METRES
SAWNEY EXPORT
1CONE= 2000
CELSIUS/CHELSE
B VARDHMAN 30 METRES
B VARDHMAN 30 METRES
CTA APPARELS
CLOTHING PVT.
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LTD
GUTER
B PASHUPATI 50 WC 250
1 CONE = 5000
C COATS 50 METRES
1 CONE = 5000
1. All the companies are producing more than or equal to 100000 garments as per the survey
conducted.
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2. Ladies garments are more in demand in comparison to the men and kids wear.
3. Most of the companies overdyed the clothes in the range between 0 to 10%.As it shows
poor awareness program of the companies or it is because export units are not getting the
competitive prices..
4. Out of the 30 companies during my survey only 2 companies are aware about the Chroma
RFD thread, as it shows there is a lot of scope to explore the market and it will help the
5. Coats India Limited captured the most of the market, as most of the export houses those
are using the overdyed thread belongs to Coats, so they are the market leader at present.
6. Sales and promotion techniques are poor in the case of Chroma RFD thread. Assured
delivery is utmost important from the view point of export houses so better quality and
It is required by Vardhman to organize the exporters meeting on regular basis so it will help
the organization to make the exporters aware about their products. It is also necessary to
It is required to approach those exporters which are not covered by Coats so they will start
using the overdyed thread of Chroma and it will increase the market share of the Vardhaman.
CONCLUSION
As per the survey conducted it is concluded that out of the 30 companies in ncr region most
of the companies are not well versed with the “chroma” rfd thread which is specially used for
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overdyeing the clothes. most of the companies are going for the “dimex” rfd thread which is a
product of coats india limited. the following are the main reasons behind the poor scale of
chroma is the bad promotion, expensive than the other threads, less demand by the customers
for the overdyed clothes. Out of the 30 companies only 2 companies are using chroma rfd
BIBLIOGRAPHY
1. www.apparelresources.com
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2. www.vardhman.com
3. www.vardhmanthreads.com
4. www.google.com
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