INSTITUTIONAL TRAINING REPORT

AT

PRECOT MERIDIAN LIMITED

WALAYAR, PALAKKAD

Submitted in partial fulfillment of the requirement for the

Degree of Master of Business Administration,

SAN INTERNATIONAL B-SCHOOL

Coimbatore

Submitted by

NITHYA.A

REG.NO: 098001153033

2009-2011

SAN INTERNATIONAL B-SCHOOL

(AFFLIATED TO ANNA UNIVERSITY, COIMBATORE)

WALAYAR, COIMBATORE – 641105

CERTIFICATE

SAN INTERNATIONAL B-SCHOOL

(Affiliated to Anna University)

walayar, Coimbatore-105

CERTIFICATE

This is to certify that this Institutional Training Report entitled “INSTITUTIONAL TRAINING REPORT AT PRECOT MERIDIAN LTD”

Submitted to Anna University

In partial fulfillment of requirement for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

Is a bonafide record work done by

NITHYA.A

(Reg.No.098001153033)

-------------------------- -----------------------------

Faculty guide Head of the department

Viva voce examination held on………………………

--------------------------- ------------------------------

Internal Examiner External Examiner

---------------------------------

Principal

DECLARATION

DECLARATION

I hereby declare that this Institutional Training Report entitled

“ INSTITUTIONAL TRAINING REPORT AT PRECOT MERIDIAN LTD ”submitted to Anna University, Coimbatore, in partial fulfillment of the requirement for the award of MASTER OF BUSINESS ADMINISTRATION is a record of original study done by me during the course of study from 2009-2011 in SANIBS WALWYAR, Coimbatore under the guidance of Dr. Rajeswari Krishnan, Principal of MBA department.

Date : NITHYA.A

Place : Coimbatore

ACKNOWLEDGEMENT

ACKNOWLEDGEMENT

I express my heartfelt thanks to Dr.Rajeshwari Krishnan, faculty guide as well as Principal and Dr.Vanithamani, Head of the Department of MBA, Sree Narayana Guru Institute of Management Studies, for permitting me to do the project.

I express my sincere thanks to Mr. GURUVAYURAPPAN, HR Manager and Ms. SUBY SAMSON, DO(H) of PRECOT MERIDIAN LTD for her valuable guidance.

I am deeply in debt to the respondents for their sincere cooperation and willingness. I would like to express my profound thanks to them.

My heartfelt guide goes to my parents who were the instrument of motivation, who stood by me throughout the course of the study and took pain to see the project in this form.

Above all I remember the grace of the almighty, without which nothing would have been possible.

NITHYA.A

CONTENTS

CONTENTS

1. INTRODUCTION

2. OBJECTIVES OF THE STUDY

3. COMPANY PROFILE

4. ORGANIZATION CHART

ORGANOGRAM UNIT-C

ORGANOGRAM UNIT-D

5. DEPARTMENTS OF THE COMPANY

HR DEPARTMENT

PRODUCTION DEPARTMENT

FINANCIAL DEPARTMENT

PACKING DEPARTMENT

6. CONCLUSION

7. BIBLIOGRAPHY

INTRODUCTION

INTRODUCTION

Textile:

Indian textile traditions are reputed all over the world and admired for their beauty,

texture and durability. India has a diverse and rich textile tradition. The origin of

Indian textiles can be traced to the Indus valley civilization. The people of this

civilization used homespun cotton for weaving their garments. India had numerous

trade links with the outside world and Indian textiles were popular in the ancient

world. Indian silk was popular in Rome in the early centuries of the Christian era.

Hoards of fragments of cotton material originating from Gujarat have been found

in the Egyptian tombs at Fostat, belonging to 5th century A.D.

The most ancient of Indian texts and scriptures, like Rigveda, the Ramayana and

Mahabharata talk of the finesse of Indian textiles. The ancient sculptures too bear

testimony to India’s rich textile traditions. Paintings depict figures in fine, delicate

and decorated fabric. Cotton, Muslin, silk and other Indian textiles were some of

the most traded products from India. Each Indian region has its own textile –

characterizing it in terms of designs, weaving patterns and techniques, colors and

texture.

OBJECTIVES OF THE STUDY

To study the manufacturing process

To study the functioning of the HR department

To acquire a practical knowledge about the administration of the firm

COMPANY PROFILE

COMPANY PROFILE

Precot meridian is one of the oldest groups which started its mill in 1958, promoted

by N.Damodaran. Precot Meridian limited (PML) was incorporated in 1962 in

Palakkad, Kerala, to produce cotton yarns with an initial capacity of 12096

spindles. Precot Meridian limited made its maiden issue in 1962. Production of

cotton yarns commenced during 1964.The Precot has symbolized Quality and

Trust in the textile industry. With four decades of spinning experience and a

diverse range of products that include cotton yarns, sewing threads, fabrics and

garments; Precot is one of the few totally integrated textile players with a total

turnover of 90 million US Dollars. The Group has state of the art infrastructure

facilities and skilled personnel to rise up to customer expectations. The group has

been accorded the status of ‘Export House’ by The Cotton Textile Export

Promotion Council of India (TEXPROCIL).Precot exporting its products to

Belgium, China, Italy, Japan, Malaysia, Portugal, South Korea, Turkey and U.K.

Meridian Industries Limited merges with Precot

Meridian Industries Limited has been merged with Precot Mills

Limited with effect from 01st April, 2006. Meridian Industries Ltd (MIL)

which was incorporated in the year 1993 was promoted by Precot Mills

Limited and around 70% of the shares of MIL were held by the shareholders

of Precot. To have larger capacity in a single company, instead of the

capacities being spread over in two companies having common shareholders,

the merger was proposed.

This has been approved by the High Court of Madras vide its order

dated 30th August and 1st Sept, 06. As per the scheme of Merger, the

shareholders of MIL are entitled for one share of Precot for every two shares

of MIL. Accordingly the share certificates of Precot were dispatched in Dec,

06 to those shareholders who have surrendered the certificates of MIL.

  Shareholders of MIL, who are yet to claim the certificates of Precot can,

do so by sending the MIL certificates along with the following application

duly filled in to the registrars.

Change in name of the Company and adoption of new

LOGO

Precot Mills limited has been renamed as PRECOT MERIDIAN

LIMITED with effect from 28th September 2006.The company has also

adopted a new logo.

The name change is in tune with the transformation of the company

from a pure spinning mill into an integrated textile player. The company apart

from manufacturing cotton yarn and polyester sewing thread has also

commenced manufacture of yarn dyed shirting fabrics. It proposes to venture

into garment manufacture also in due course. 

The original Logo with the cotton flower embedded in letter P in green

colour, was created in 1962, when the company commenced operations in

cotton spinning. The new logo with the theme ‘Riding the wave of

confidence” contains a wave formation with the Letters P & M embedded

therein in Bright Red and Navy Blue symbolizing the dynamism and sense of

confidence that goes with those colours.

Precot Mills group

No Name of Mills Spinleage Place No.of employees

1 Precot mills Ltd

A Unit

57600 Kanjikode,

Kerala

1200

2 Precot mills ltd

B Unit

72000 Hindupur, Andra

Pradesh

800

3 Precot mills ltd

D Unit

1344 Rotors Walayar, Kerala 85

4 Meridian

Industries

12800 Pollachi,

Tamilnadu

220

5 Precot Wearing Anamalai,

Tamilnadu

100

Total No.of employees Working In the group : 2305

Registered / Head Office: Suprem P.B .3888

Race course, CBE 18.

Corporate / Central office

Corporate office is situated at “Suprem” P.B No: 7161737, Pulikulam Road,

Coimbatore-641 045.Corporate office deals with raw material purchase, testing,

approval and allotment to group mills. In addition to that finalization of sales

contract, approval of production-planning, policy decisions etc. are also taken at

corporate office.

A-Unit

Unit A is located at Kanjikode west, Palghat, Kerala and was established in

the year 1964.the area used is 2 Hectors surrounded by 15 Hectors of its own land.

Present Spendlage of the Factory is 57600,working 24 hours in a day and 7

days in a week and Spinning Hosiery yarns, warp and weft yarns and doubled

yarns counts ranging from 30s to 100s combed and cradle varieties. All are ring

spun yarns only.

B-Unit

B unit is at Kodigerahalli, H.S.Mandir, Hindupur(post),Andra Pradesh and

won established in the year 1983.Mill is located in an area of around 5 Hectars.

Present installed capacity of the mill is 72000 spindles engaged in

manufacturing of ring spun yarn and working 24 hours a day and 7 days a week

continuously.

C-Unit

C-Unit is at Chandrapuram, Walayar Dam (post), Palghat (Dist), Kerala.

Unit was established in the year 1992.Factory is build up in an area of 9600 square

meter.

Present spindlage of the unit is 24720 company produces yarn ranging

between 20s Ne to 40s Ne in both 100% Cotton Combed varieties to suit different

end uses. At present the yarn produced from the mil is being widely used for

knitting (Banians and Knitwear).

D-Unit

D-Unit is situated at Chandrapuram, Walayar Dam (post), Palghat (Dist),

Kerala and was established in the year 1995. This is located in an area of around

5.3 Hectors.

Present capacity of the factory is 1344 rollers, manufacturing yarn ranging

between 60s Ne in both 100% Cotton and Processed wastes in carded and combed

varieties to suit different end uses. At present the yarn produced from the mill is

being widely used for Industrial fabrics and bed sheets.

MIL-Unit (A & B)

MIL is an another group of companies under PRECOT MILLS group of

companies. Factory is situated at Nanjegoundenpudur, Achipatti (Post), Pollachi.

Unit was established in the year 1994.

Present spindlage of the factory is 21504 and spinning yarn ranging from

18s to 60s of both carded and combed.

About Precot C

1. Founder of the Group: Sri.V.N Ramachandran

(Late) Sri.N.Damodaran

2. Chairman &Managing Director: Sri.D.Sarath Chandran

3. Starting of the Mill: January 92

4. Total Spindles Installed: 24288 Spindles (23*1056)

5. Raw-material: Cotton and Polyster staple fiber

6. Count of yarn processed: 20s to 40s cotton combed knitting yarn

7. End use of products: Sportswear, Casual wears

8. Raw-material used: Raw cotton, Polysters staples

9. Exporting countries: U.K, Germany, Isreil ,Mauritius, Singapore, Malaysia and

Portugal

10. Number of workers in the mill: 126 permanent workers

About Precot D

1. Mill started on: October 95

2. Total rolors installed: 1344 (7*192)

3. Count of yarn manufactured: 10s OE,16s OE, 20s OE

4. End use of products: Weaving, knitting

5. Raw-material used: Raw cotton and Noils/Flat strips

6. Yarn sold in Local: 70%

Export: 70%

7. Number of workers: 85 mill workers and contract workers 60

General Information

Shift Timings Precot C

Morning - 8.00 AM to 4.30 PM - I shift

Evening - 4.30 PM to 1.00 AM - II shift

Morning - 1.00 AM to 8.00 AM - III Shift

Shift Timings Precot D

Morning - 8.00 AM to 4.30 PM - I Shift

Evening - 4.30 PM to 1.00 AM - II Shift

Morning - 1.00 AM to 8.00 AM - III shift

Lunch timing

I shift - 11.30 AM to1.30 PM

II shift - 7.30 PM to 9.30 PM

III shift - 4.30 AM to 6.00 AM

Weekly Holiday

One day in week shall be given as weekly holiday to all trainees.

Other Facilities, Regulations:

Cycle shed provided for keeping vehicles

ERC functions all 24 hrs and provides food.

When an employee enters the mill we has to collect the card from the

security main gate and handover the same at gate while leaving.

Dormitory is provided for ladies inside the mill promises with mess facility.

A lady matron is appointed to core the needs of girls.

Smoking is strictly prohibited inside the mill premises.

Creche is provided to cater the needs of working women’s children.

First aid boxes are provided with required medicines inside the department

and HRD department to meet any accidents on work.

SIC’s / Supervisors are present in all shifts to manage workers.

In all shifts shift supervisor / SIC will be these to look after the shift.

Uniform is Supplied to all operatives and non – Operatives.

Fire extinguishers / Fire Hydrant System

For preventing Fire hazards, Fire extinguishers are fixed in all departments. It is to

be used as per the type of fire occurred.

Types of fire: Type A - Fire occurring in cotton, wood and paper.

Type B and C: Fire occurring in electrical components and chemical,

Diesel and Petrol.

For cotton: Soda acid type extinguishes to be used (A)

For Electrical: Soda Acid type extinguishes to be used (A)

For Electrical Components: DCP Extinguishes to be used (B and C)

For Diesel: Foam Extinguishes used (B and C)

ORGANIZATIONAL CHART

ORGANOGRAM

UNIT-C

UNIT-C

AGM - ASSISTANT GENERAL MANAGER

AM - ADMINISTRATIVE MANAGER

AM(S) – ASSISTANT MANAGER (SPG)

STO (H) – SENIOR TECHNICAL OFFICER (HRD)

STO (E) – SENIOR TECHNICAL OFFICER (ELECTRICAL)

TO (M) – TECHNICAL OFFICER (MAINTANANCE)

SQO – SHIFT QUALITY OFFICER

TO (P) – TECHNICAL OFFICER (PRODUCTION)

TO (E) – TECHNICAL OFFICER (ELECRICAL)

DTO (H) – DEPUTY TECHNICAL OFFICER (HRD)

DTO(C) – DEPUTY TECHNICAL OFFICER (CIVIL)

DTO – DEPUTY TECHNICAL OFFICER

TCO – TRAINING CO-ORDINATOR

O(C) – OFFICER (COTTON)

DO (H) – DEPUTY OFFICER (HRD)

DO (A) – DEPUTY OFFICER (ADMINISTRATION)

DO(S) – DEPUTY OFFICER (STORES)

DO(Y) – DEPUTY OFFICER (YARN)

DIVISIONAL HEADS

STO (H) – GURUVAYURAPPAN.V

STO (E) – SARAVANAN.B

TO (M) – SUDHEER.A.K

TO (P) – LIJO PAUL

TO (E) – SENTHIL VEL.S

DTO (C) – SHRIDHAR.M

SQO – ANANDABABU.C

HRD

TCO – NELSON THOMAS

DO (H) – JYOTHISH.K.G

DO (H) – SUBY SAMSON (COUNSELLING)

ADMINISTRATION

O (C) – NALINI KUMARI.C

DO (S) – PERUMAL.B

DO (Y) – SIVAKUMAR.A

DO (A) – HARIHARAN.R

DO (A) – SIBI KUMAR.G

ORGANOGRAM

UNIT-D

DIVISIONAL HEADS

STO – MARIA MICHAEL.R

STO (H) - GURUVAYURAPPAN.V

STO (E) – SARAVANAN.B

DTO (M) – MANIKANDAN.C.S

DTO (C) – SRIDHAR.M

HRD

TCO – NELSON THOMAS

DO (H) – JYOTHISH.K.G

DO (H) – SUBY SAMSON (COUNSELLING)

ADMINISTRATION

O (C) – NALINI KUMARI.C

DO (S) – PERUMAL.B

DO (Y) – SIVAKUMAR.A

DO (A) – DEEPAK.K.M

DEPARTMENTS OF THE COMPANY

DEPARTMENTS OF THE COMPANY

Human Resource and Production departments are in C&D Units of Preacot

Meridian. C&D Units are at Chandrapuram, Walayar Dam (post), Palghat (Dist),

Kerala.

Marketing and sales departments of Preacot Meridian are in corporate office.

Corporate office is situated at “Suprem” P.B No: 7161737, Pulikulam Road,

Coimbatore-641 045.Corporate office deals with raw material purchase, testing,

approval and allotment to group mills. In addition to that finalization of sales

contract, approval of production-planning, policy decisions etc. are also taken at

corporate office.

Finance department is in Unit A.Unit A is located at Kanjikode west, Palghat,

Kerala

HR DEPARTMENT

Induction is a technique by which a new employee is adjusted to the change

surroundings and introduced to the practices, policies and purposes of the

organization .It is a welcoming process, the idea is to welcome a new comer make

him feel at home and generate in him a feeling that this own job, however small is

meaningful and has a significance as a part of the total organization. The new

comer is explained what is expected of him and for this he is explained the sales

and regulations policies and procedures that directly affect him.

He is also briefed about.

1) Mill history and organization structure

2) Company quality policy

3) Mill process and job guidelines

4) Role and duties , responsibilities

5) ISO system

6) 5s

a) He is made aware of how his job hits into the overall operation of the

organization, his own duties and responsibilities and to who he should look

for when he has problems. He is then taken around the factory to show him

the attendance procedures and other time office formalities, canteen, first

aid box, toilet, lockers, Quarters and other facilities. He will then be

acquainted with the public transport facilities available from his place of

residence to factory and oriel ACT, ESI, PF, Bonus, Workmen

compensation maternity benefits and gratuity.

b) Apart from the statutory benefits HRD department has to initiate welfare

schemes like the following: An induction program for workmen and staff

consists of:

1) General orientation by the staff of HRD department.

2) Specific orientation by the job supervisor or divisional Head.

Employee role and Duties

1) He is responsible for the machine production for the shift.

2) He is responsible for keeping the machineries in good condition and

cleans.

3) To stop the machine immediately when machine produces poor quality

product and to take initiative for correction.

4) To hand over his machine in good condition and to eliminate usable waste

producing in the shift.

Induction training/Refresher training

All the workers shall be given the above training. New trainees required

shall be given induction training. According to the training needs identified by

their superiors, refresher training shall be given, job instruction to be followed in

different departments to be explained.

TRAINING

HRD department shall make necessary arrangements to provide training to

all employees based on the training needs identified by HOD’s and the training

plan. Periodical review of the training plan and evaluation of training also are to be

done by HRD department. Record of training provide also be maintained.

PERFORMANCE/POTENTIAL APPRAISAL

Performance/Potential shall be conducted periodically (once in 6 months).

The appraisal interview is to be done by the HOD in the presence of HRDO and

the employee shall be helped to

-Set specific, measurable, achievable realistic and time bound (SMART) goals.

-Review the goals set for the past appraisal period.

-Identity training requirements and to evaluate the training provided.

EMPLOYEES WELFARE AND SOCIAL SECURITY

HRD department has to take necessary steps to comply with statutory requirements

under Factge education.

Details of Benefits

No Description Fees Transport Hostel

1 School up to 10th standard RS.2000 Rs.700 RS.800

2 HSC,UG,PD & Diploma RS.3000 Rs.700 RS.3000

3 Professional courses RS.5000 Rs.700 RS.4000

A. EDUCATIONAL BENEFITS

1) All permanent employees and probationers on scale are eligible for this

benefit.

2) The benefit will be extended for two children only.

3) Children of staff and EFI / I grade employees are eligible for the benefit

from school to the completion of college education.

B. EDUCATIONAL LOAN

a. Company shall extent loan for the education of the staff and the payment of

capital fee if any for the children of the staff.

b. The loan amount shall be 75% of the tuition fees/capitation fee subject to a

maximum of 6 time monthly basic salary as on January.

c. Eligible: Those who have prior experience and fitted into scale are eligible after

one year service in the company 3 year are also eligible.

d. The loan application should be prepared and recommended by HRDO, HOD

approved and forwarded by GM to central office.

e. The repayment shall be made from salary and bonus over a period of 3 to 5 years

in equal monthly installments.

f. Security: There will be no security for the above loan. However, before the

disbursement of the loan a consent letter from the employee confirming that at the

time of his/her leaving the company, the outstanding loan amount could be

recovered from the dues that may be payable to him/her.

C.FAIR PRICE SHOP

Fair price shop is to be registered under shops and establishment act.

1. One full time clerk to be appointed by the society with the salary Rs.1000

per month

2. Joint account will be opened under fair price shop and cheque sign authority

will be two of GM/PM/AM/LWO

3. Food grains and other cosmetics will be purchased from wholesale dealers

with quotations at competitive rates.

4. Passbook issued to individual employees and that will be produced to the

shop clerk along with identify card at the time of purchase all details will be

furnished in the passbook.

D. HOUSE LOAN

a) To have own houses for workmen.

b) To control absenteeism, as the workers are coming from far places.

c) To avoid indebtedness of the workmen. Management sanctioned Rs.15 lakhs to

extend loan facility to employees.

d) For workers Rs.10000 interests free loan and repayment in 3 years with equal

installments.

e) This facility can be extended up to 120 members who are loyal and sincere.

Agreements to be made for loan facility from SBT.

Management agreed to give guarantee for deduction to the above loan and

management to be provided amenities like water, electricity, streets etc. It is easy

for workmen to repay the loan by monthly installments.

E) MARRIAGE PRESENTATION

A momento is to be presented on behalf of the company to the newly married

staff or workers.

Cost of momento

Staff- Rs- 1000

Workers-Rs-500

For staff, newly married couple will be presenting the above momento on

staff get together party.

Momento to Staff on Retirement or Resignation:

If any staff member retires or resign after 20 years of service in the company

a moment to be presented on behalf of the company to recognize his long

service to company .

Value of momento:

Designation 20 – 25 years, above 25 years managerial or technical

Rs 15000 to Rs 25000

Administration Rs 1000 to Rs 15000

Office boys Rs 7500 to RS 10000

F) FAMILY PLANNING

If any employee or spouse undergoes family planning operation with two

children only, an amount of Rs 1000 to be paid as additional incentives to

encourage them to go for small family. (NSC or India vikas worth Rs 1000

may be given).

G) STAFF GET TOGETHER

Object: To create friendly atmosphere among staff and their families once in

quarter with families. Management contribution is of the actual expenses

subject to maximum of Rs 4000 per year.

H) HOUSE JOURNAL

Object: To have good communication network in mill atmosphere and

encourage workers and staff involvement in publishing the journal.

I) WELFARE FUND

A contributory welfare fund should be started in order to extend loan

facilities to workers in times of emergency, medical expense, education,

marriage expenses etc. The loan should not be extended for purchase of any

luxury items. Monthly contribution to be deposited in the bank and the

transaction to be authorized by a management representative.

J) CONSUMER HIRE PURCHASE ASSISTANCE TO EMPLOYEES

1) A committee consisting of representatives of workers, staff and Ao should

be formed to monitor the application for consumer durable loan and to

approve.

2) A bank loan (Not a finance company) alone need to be approved.

3) One employer should avail only one loan at a time.

4) It should be made clear to the bank that the company is responsible for

deduction of wages or salary and the same will be done only till worker or

staff is in the employment of the company.

K) FAMILY TOUR

Family tour shall be arranged to nearby location on national and

festival holidays. Management shall meet the transportation expenses.

Family tour, as an incentive for better attendance also shall be tried.

L) ANNUAL DAY

All units shall celebrate annual day suitably.

Precot A - 02nd October

Precot B - 15th August

Precot C – 26th January

Precot D – 26th January

M) UNIFORM

Uniform and shoes shall be supplied as per the agreement.

N) NAMES

Employees shall be encouraged to participate in the indoor and outdoor

games inside the mill and competitions outside.

O) COMMUNITY SERVICES

Community services shall be carried out for the benefit of the neighboring

villages of the circuit. Detailed proposal along with budget shall be

submitted to supreme for approval.

Absenteeism Policy

a. For every workman, authorized leave maximum 2 days per month shall be

sanctioned. If leave or absent exceeds 2days in a month the workmen shall be

counseled by HRDO/HOD.

b. If the authorized leave exceeds 12 days in 6 months the workmen shall not be

entitled for increment during the training/apprenticeship period.

c. The workmen who absents for two consecutive days or more shall be counseled

by HRDO/HOD for first time and warning notice shall be issued for second and

third time.

d. If absenteeism continuous after the above process (counseling, 2 warning

notices) show causes notice shall be issued to the concerned workmen. If the

explanation is not satisfactory he shall be suspended maximum 3days at a time.

e. After getting 3 suspension orders if there is no change in his absenteeism,

behavior he shall be terminated from employment.

f. If a worker remains absent for 8 consecutive days and more without any

information he shall be deemed to have the employment. However if gives

satisfactory explanations for such absence GM’s decision shall be final.

Employee reactions

HRD department is responsible to develop and maintain better relations in

the unit. Monthly meeting has to be arranged with workers and trade unions. For

agreement negotiation called by management attendance shall be given to two –

office bearers or union. If the dispute is raised by the union the attendance shall be

given on the date of signing settlement before government officials.

Grievance procedure

All possible efforts to be taken to redress the grievances of the employees

timely and at the lowest level possible.

1) If any employee has any grievance he should inform the same to the

concerned staff member and the staff member must give him replay within

24 hrs.

2) If the employee is not satisfied with reply he can approach the HOD and

HOD must replay him within 24 hrs.

3) If the employee is not satisfied with replay he can approach HRDM/O and

HRDM/O must replay him in consultation with him within 3 days and that

shall be final.

Suggestion Scheme

All employees must be encouraged to come out with suggestion to improve

the different functional areas. The suggestion box has to be maintained in a

convenient place and it must be opened fortnightly. All suggestion must be

acknowledged and whenever a suggestion is implemented the concerned employee

must be given a suitable reward.

Mentor System

As per this system each safety member shall be entrusted with a group of

workers and the staff member shall be responsible for the attendance efficiency of

those workers. The staff member should help the employee in settling the personal

and work related problem if any.

It is suggested that the staff members have a personal discussion with the workers

at least once in a month and visit his family once in a year.

HRD Audit

The HRD audit to be conducted periodically (once in 6 month) using the

prescribed format in order to access the functioning strengths, limitations and

developmental requirements of the human resources of the unit. The findings of the

audit shall be used to improve the effectiveness of functioning of the department

and to plan future.

Exit interview

When an employee leaves the service of the mill on its own or retires an exit

interview shall be conducted using the prescribed format. The employee should be

required to complete the format and clarifications if any shall be made by the

HRDO.

General

1) For every employee should one personal file should be maintained by HRD dept

and it should contain all documents and records related to that employee.

2) Every year awards or prizes shall be given to employees for best attendance

performance of work, suggestion etc.

3) If any accident or fire occurs in the mill proper investigation of accident or fire –

causes, time intensity has to be carried out by HRD department and necessary steps

to be taken to avoid the reoccurrence of such incidents.

PRODUCTION DEPARTMENT

Production department is in C&D Units of Preacot Meridian. C&D Units are at

Chandrapuram, Walayar Dam (post), Palghat (Dist), Kerala.

Here raw material is converted into finished goods through various process. The

raw material ‘Bale’ is stored in two godowns, godown A and godown B.

Blow room is a room which is used to separate the waste from bale. The main

wastes are

Hair

Jute

Colour fiber

Oil stained fiber

Coir

Cloth bits

Various machines are used to separate the waste from the bale. First the employees

clean bale as far as possible by them and then they put it into the machine for

further cleaning. From one machine bale is going to a number of machines. Here

machines are interconnected by each other.

The machines are

Blendomet

Metal detector

Max flow

Unimix

Vetal csan

Lottex

Preparatory department

Carding is the process in preparatory department. In this cotton will come through

crosol-pipe and turns to sliver. Sliver is a type of thread. There are ten crosol

machines will work at a time.

The machines used in Preparatory department

PCD Machine

PCD means Pre Comber Drawing Machine. In PCD four slivers joint

together and become one sliver. The time taken for this process is half an

hour.

Lap former machine

In this machine 24 slivers will be joining spool and make one lap and then

lap is wrapped in spool.

Comber machine

Here 8 laps will become one sliver. The process is called Procuring process.

Simplex machine

Placing 150 cans in simplex machine which turns to rowing(thread) and

bobbing(one role of thread).

Spinning department

In spinning department 24 machines are using for spinning process. In 1 machine

1056 cops are using. Cops are in different colours for different types of thread. The

time taken for spinning one batch of cop is 3.40 minutes.

Auto corner department

Under Auto corner department U-V Chamber is using to find out the defects in

thread in which is difficult to find out by the human eyes. In U-V Chamber Ultra

Violet rays are using.

YCP (Yarn Conditioning plant)

Steam conditioning is doing under YCP. Before steam conditioning weight of one

cone is 1.890 Kg. After steam conditioning the weight of one cone is increase to

1.920 Kg. The time taking for Yarn conditioning is 20 minutes.

PROCESS CHART OF PRECOT MERIDIAN

Combed Hosiery Yarn

Bale issue

Mixing

Blow room

Carding

SL/RL/M/c

Comber

Drawing

Simplex

Spinning

Auto corner (cone)

Packing

Stocking

PACKING DEPARTMENT

Here the finished goods (threads) are packing. There are 3 types of packing is

doing in packing department. They are

1. Local packing

2. Export packing

3. Palet packing

Local packing is the packing of finished goods which is going to sell in local

market (domestically).

Export packing is the packing of finished goods which is going to sell in foreign

market. In export packing one box contains 24 cones. The box weight is in

between 45.36 to 45.50Kg.

In palet packing one box contains 432 cons. Its Net Weight is 756Kg and its gross

weight is 805 Kg.

FINANCIAL DEPARTMENT

Capital investment – 69500000

Appropriate annual income – 8100000

Tax amount – 206 lakhs

Fixed asset – 5350.91 lakh

Expenses

Production over head – 1913.85 lakh

Administrative over head – 1540.33 lakh

Selling over head – 1822.34 lakh

CONCLUSION

CONCLUSION

A lot of effort has gone into this training for generating the report. A great

deal of day and night hard work has turned into such a wonderful report. The

training gave me a good exposure about how a textile factory is functioning. The

people in the Organization gave all necessary information required for my

Organizational study. They also helped me to understand the various departmental

activities in a very short span of time. I hope that this report will provide a clear

picture of the Company and the various departmental functions.

BIBLIOGRAPHY

BIBLIOGRAPHY

V.S.P Rao, Human Resource Management

Khan & Jain, Financial Management.

Aswathappa, Production and operations Management.

Memoria, Personal Management & Industrial Relations

www.precot.com

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