ORGANIZATIONAL STUDYAT

GTN TEXTILES LTD , ALUVA

Presented by ,SREELEKSHMI .G

OBJECTIVES OF THE STUDY :

To study the various functions of the Organization. To analyze the functioning of each department and organization

as whole. To get in touch with the industrial and organizational

environment. To know about organizational structure. To find out the difference between the theoretical aspect &

practical aspect of running a business . To analyze the strength, weakness, opportunities and threats of

the organization

RESEARCH METHODOLOGY

Method of data collection:- PRIMARY DATA:

Personnel Interviews with employees Interaction with management

SECONDARY DATA: Website of the company Company Magazines Economic times review dated 18th March 2015 and 31st October

2014 and 22nd September 2014.

ABOUT “GTN TEXTILES LTD. ALUVA”

GTN Textiles Limited is an India-based company. The Company is engaged in the business of manufacture and export of cotton yarn. Company’s plant is located at Erumathala, Aluva, Ernakulam District, Kerala. GTN Textiles Ltd (formally GTN Industries Ltd.) Promoted by

G.T.Narayanaswamy Naidu was incorporated on August 02, 1962 in Aluva and commissioned in 1964 for the manufacture of cotton yarn with capacity of 12000 spindles.

In 1966, the company was taken over by the present promoters; Patoudia Family. GTN Industries Limited was incorporated as a Public Limited Company on 28th

March, 2005 under the company act, 1956 and obtained the certificate for commencement of business on 6th April 2005.

Previously company was 100% export oriented unit but now 10% of product is sold in domestic market also .

GTN Textiles produces yarn from cotton and almost 90% of the finished yarn is exported.

The company is declared as an export oriented unit in March 1998. The two third part of the finished yarn is exported mainly to Italy and Japan.

VISION :“The market place is the driving force behind everything we do and we aim and achieve the highest level of customer satisfaction on a continues basis in all our transactions”

MISSION:“Our performance is our promise.”

ISO 9001-2000 & 14002-2004 were implemented in GTN Textiles Ltd, Aluva in the year 1994 and 2004 respectively.

Both these systems were integrated in the year 2006 and termed as “Quality Environment Management Systems” (QEMS).

Employees were of 900- 950. 24 hours working plant unit. 90 % of yarn from cotton is exported. Cotton yarn capacity in 1996 is 12000 spindles, and now it is 2,20,000 spindles.

FUNCTIONAL DEPARTMENTS

Raw material department Finance department Production department Personnel department Export and marketing department Maintenance department Quality assurance department Stores department Safety and security department Management information system department

ORGANISATION STRUCTUREOF

GTN TEXTILES LIMITED

STRENGTH

Largest manufacturer of yarn in Kerala Effective distribution channel ISO certification Established market Better welfare activities Maintenance of consistent quality Highly efficient latest technology Strict adherence to delivery schedules Availability of Low Cost and Skilled Manpower

WEAKNESS

High labour absenteeism High capital cost High power cost No 100% utilization of installed capacity Adaption to technological changes takes time. Lower Productivity in various segments.

OPPORTUNITY

Growing market demand Growth rate of Domestic Textile Industry is 6-8% per annum. Large, Potential Domestic and International Market. Availability of cheap labour Globalization increased opportunity for export of textile Availability of land for expansion The sector contributes a part to industrial production; to the

country’s gross domestic product (GDP); and also to export earnings.

 

THREATS

Presence of reputed competitors in the market Prices of raw material increased Threat from china and Indonesia in the Indian textile market. As they

supply less costly yarns . change in Government policies and regulations International labor and environmental laws. Higher rate of taxes, power and interest rates. There is Declining in Mill Segment.

FINDINGS

The products are well accepted in the market The overall functioning of organization is in a systematic way. Thorough inspection is done to ensure the quality of the products as well as

raw materials. Employee absenteeism is very high. Majority of the employees are temporary employees Majority of the employees are suffering from respiratory problems. GTN has made its place in the international market and it has immense

opportunities

to grow up. Best employees’ welfare activities. As the company is dealing with risky activity majority of the employees

are males. At present no sufficient storage space for storing finished goods.

SUGGESTIONS

The concerned employees to be provided with suitable safety gadgets to minimize respiratory problems.

Better training should be made available to employees . The company should minimize the labour absenteeism by introducing

better schemes. The present commitment shown by the management towards the safety

and welfare measures should be kept at the same level or at a higher level as per the situations as it directly affect the productivity of employees.

Recruit lady employees to less risk departments. It would be better that workers should be given the opportunity to

participate in the management of the enterprises. Company can also use solar equipment's to minimize the power cost.

THANK YOU………………