GTN TEXTILESGTN Textiles Pvt. Ltd

NORTH ALUVA, ERUMATHALA P O

PRESENTED BY

TONY ANTONY1598

Birmingham Graduate School Kakkanad ,Infopark

COMPANY PROFILE• GTN Textiles are the Manufacture of Cotton Yarn • Situated in North Aluva /(near) Erumathala post.• Capacity of 12000 Spindles.• In 1966, the company was taken over by the present promoters,

the Patodia GTN Group• It Constantly modernised its production facilities.• GTN established in 1966, and is now the national leader in fine-

count cotton yarn exports. It has won the Textile Export Promotion Council Award for the best export effort in fine-count cotton yarn since 1984.

• The Group has four export oriented Cotton Spinning Units. [GTN textile Pvt Ltd-

Patspin India Ltd 1 & 2 - , GTN Enterprises Ltd]

Spindle Capasity Ring spinning Compact spinning Total spinning

GTN textiles Ltd(Aluva)

32500 26500 60000

Patspin INDIA Ltd 1(Kanjikod)

2500 23200 4870

Patspin India Ltd 2 (undal petta)

50000 50000 1 lakh

GTN Enterprises Ltd(Udumalaippetai)

30700 1400 45100

Head Office: Cochin

GTN Enterprises Garment Division

:TiruppurSeaport:Tuticorin

,chinniCorporate

Office :Mumbai0

BRANCHES

Mr. Binod Kumar Pattodia

• Mr. B K Patodia is the head of the well known G. T. N. Group. Of Companies.

• He is also the Director of Kerla State Industrial Development Corporation Ltd, Trivandrum

• Committee Member Of Cotton Textiles Export Promotion Counicl• Indo American Chamber Of Commerce & Industry, Branch (Kerla)• GTN Group has Joint Venture with ITOCHU Corporation, Japan • GTN also has tie ups with other companies like AM Player, Yves

Saint Laurent, Lerros and Louis Estere

HISTORY OF GTN TEXTILES

• 1966 - The company was taken over by the promoters, the Patodia Family of GTN Group.

• 1983 - The company Ltd. had established a unit at Chitkul Village, Medak District in Andhra Pradesh.

• 1993 - On 9th march 1993 company had allotted 18 lakh equity shares of Rs 10 each.

• 1994 - The company had promoted Patspin India Limited, joint venture alongwith an equity participation of ITOCHU Corporation, Japan and KSIDC, Trivandrum.[Kerala State Industrial Corporation Ltd (KSIDC), the nodal agency of Government of Kerala engaged in the promotion and development]

• 1995 - The company had acquired Cotton Spinning Unit in Nagpur, Maharashtra during 1994-95 by virtue of amalgamation of Perfect Spinners Limited with the company.

• 1997 - It further set up a yarn dyeing and other are situated in Andhra Pradesh.

• 2004 - The company was ranked 63rd in the BB 100 Gross Forex listing

- The company ranked 327th in Industry 2.0's second annual listing of top 500 manufacturing companies in India.

- The company, had received a composite score of 12 out of a possible 15 in Industry 2.0's SCM Metrics study.

• 2005 - GTN Industries Limited was incorporated as a public limited company on 28th March, 2005 under the Companies Act, 1956. - It obtained the certificate for commencement of business on 6th April, 2005.

- GTN Industries Limited had changed its name to GTN Textiles Limited and vice versa through the fresh certificate of incorporation 27th December 2005, issued by the Registrar of Companies, Kerala. http://www.moneycontrol.com/stocks/marketinfo/namechange/index.php]

• 2007 - On 26th July 2007, company had authorized the board to borrow money for and on behalf of the company in any manner from time to time and without prejudice.

- Shri. B L Singhal and Shri. M L Patodia were re-appointed, as the directors of the company.

• 2008 - Shri. P K Kurian, the director on the board of the company was died on 2nd January, 2008.

BOARD OF DIRECTORSNAME DESIGNATION

B K Patodia Chairman & Managing Director

N K Bafna Director

R Rajagopalan Director

B L Singhal Director

Prem Malik Director

C D Thakker Director

E K Balakrishnan Company Secretary

VISION• The global leaders in the Management and conservation of Energy and

the environment.

MISSION• To help our customers save energy and the environment by using our

expertise and innovation in consulting Training and Products.• Zero Defect Zero Accident Zero Pollution and therby to have Zero losses

and also implicit trust,high etical ,moral values unswering commitment to customers

• Exceedingliy High Standards for setting the drving force behind the Quality and Ecellence of all endeavors

QUALITY POLICY As leaders in providing complete solutions for Efficient Energy.

Aims and achive the highest level of customr satisfaction and continuous basis in on transction

“THE WISDOM OF THE PAST HOLDS VISION FOR THE FUTURE”

“Our performance is our promise”-Implicit, high ethical and moral values and unsewerving commitment to our customer defines the foundation of the GTN group.The exceedingly high standards we set for ourselves is driving force behind the quality and excellence of all our endeavours – B K Patodia, Chairman & MD

ACHIVEMENTS1985-86 •TEXPROCIL Silver Award

1986-87 •TEXPROCIL Silver Award

1987-88 •National Export Award for Outstanding performance by Govt.of India ministry of commerce

The Cotton Textiles Export Promotion Council (TEXPROCIL)

1988-93 •TEXPROCIL Silver Award

1993-96 •TEXPROCIL Gold Award

1996-97 •TEXPROCIL BRONZE Award•

1997-98 •TEXPROCIL GoldAward •Birla Award for its research & Devolopment and modernization efforts.

1998-2000 •TEXPROCIL Gold Award

2000-01 •TEXPROCIL Gold Award•Cochin Special Economic Zone Excellence Award

2001-03 •TEXPROCIL Gold Award

2003-04 •TEXPROCIL Bronze Award•GTN Named Star Exporters & Export house for its excellence in Export

2004-08 •TEXPROCIL BRONZE Award•

OTHER ACHIVEMENTS

ISO 9001 & ISO 14001

Quality Environment Management System(QEMS)

Machinaries are upgraded into semi ELITE Spinning

DEPARTMENTS

MANUFACTURING DEPARTMENT

MAINTENANCE DEPARTMENT

QUALITY ASURANCE DEPARTMENT

RAW MATERIAL DEPARTMENT

PERSONNAL & INDUSTRIAL RELATIONS DEPARTMENT

FINANCE DEPARTMENT

MARKETING DEPARTMENT

EDP / IT

Latest Technology Well accepted Brand Name Market Leader Improved Quality Standard Financially sound, profit making company Experienced and committed Personnel Good work force ISO certified (International Organization for Standardization) Large Reserves (capital) Foreign Collaboration Decades of experience In trading cotton and yarn Infrastructure Good working environment (Plant Location and friendly working atmosphere) Easy transportation facilities The Relationship between employees and employer Safety and security policies are strictResponsible use of fuels and materialsLocal support

STRENGTHS

WEAKNESSES

Raw Material Prices are increasing Occasionally they have faced Labour unrest in the past Lack of transportation facility for the employees Less interaction between marketing and other departments The operating expenses are on the higher side

OPPORTUNITIES

Now a days cotton product has increased with the demand in the local market itself India has the the Largest cotton cultivation so as the scope in textile market is also high Globalization has increased the opportunities for the export of textiles The availability of cheaper labour New technology can adopt to maximize quality production

THREATS

Growing competition from Foreign Brands Rising price of Raw materials Inflexible Government Policies such as Reduce production by 33.33 % (ie,1 /3 rd of the existing production) Climate change (Global warming ) resulting in a drastic decrease in the cotton cultivation Entering New Player from outside Change in technology – need to upgrade the machine to stay alive in this competitive world Workers need more time and training , to be on the pace while upgrading the machines.Increase Electricity priceSince 2010 Indian Govt. Oeder to rein exalating cotton yarn price & restricted Cotton Raw material Export. Decrease in money value

EFFICIANCY OF THE COMPANY

Other Details • GTN exports its product to over twenty five Countries across

the world(Major customers are Italy, Japan, China, Austria, Spain and UK.)

• In marketing Main server of the company is at cochin• Trade unions- INTUC, CITU ,AITUC the unrecognised union GTN workers (jobber Association)• About 910 and above workers are ther in the company • Company provide –Employees welfare ,Employee’s credit

society,marriage Assistance,insurance likked Gratuityscheme,13 paid holidays ,Service Awards,Educational Aidsyear ending Charity Drives, Health Initiatives =And many more...

GTN TEXTILES