Sahana 123
Sahana 123
INTRODUCTION
Industry Profile:
Cotton Industry Profile in India:
Cotton plays an important role in the Indian economy as the country's textile
industry is predominantly cotton based. India is one of the largest producers as well
as exporters of cotton yarn. The Indian textile industry contributes around 5 per cent
to country’s gross domestic product (GDP), 14 per cent to industrial production and
11 per cent to total exports earnings. The industry is also the second-largest
employer in the country after agriculture, providing employment to over 51 million
people directly and 68 million people indirectly, including unskilled women. The
textile industry is also expected to reach US$ 223 billion by the year 2021.
Export Highlights
Cotton yarn and fabrics exports accounts for about 23 per cent of India’s total
textiles and apparel exports.
In 2018-19, India’s cotton production was 28.70 million bales of 170 Kg each.
During 2018-19, total textile and clothing exports stood at US$ 36.62 billion.
During 2018-19 exports of cotton yarn, cotton fabrics and cotton made-ups
reached to US$ US$ 3.90 billion and US$ 5.95 billion, respectively.
The Cotton Textile Export Promotion Council (TEXPROCIL) takes part in national
and international events to enhance the visibility of Indian products, advertises and
promotes Indian products in various media vehicles such as fashion magazines,
event-related pull-outs, India reports and leading trade magazines, and organises
buyer-seller meets (BSM) and trade delegation visits.
Cotton production in India
One of mankind’s great discoveries, cotton is one commodity that is available
virtually everywhere testifying both to its utility, as well as the awe-inspiring impact
capitalism, has had on human production and consumption. Cotton production in
India has focused on textiles for over thousands of years, generating significant
employment for both skilled and unskilled labour - thus helping strengthen the
country’s economy.
The cotton sector in India is considered the second most developed sector in the
textile industry (after man-made fibres). At 18% of the global total, India is the
world’s largest producer of cotton. It also has the largest area under cotton
cultivation in the world, representing about 25% of the world’s area under
cultivation. The states of Gujarat, Maharashtra, Rajasthan, Karnataka and Tamil
Nadu are the major cotton producing areas in India.
Cotton Manufacturing
In the early years, the cotton material industry might have been focused in the cotton
developing cinch of Maharashtra and Gujarat. Accessibility of crude materials,
market, transport, labour, damp atmosphere What's more different Components
helped localization. In the initial twentieth century, this business assumed an
immense part over Bombay's economy Be that as quickly declined following
freedom same time turning keeps on being brought together Previously,
Maharashtra, Gujarat and Tamil Nadu, weaving will be exceptionally decentralized.
Concerning illustration about 30 September 2013, there need aid 1962 cotton
material factories done India, about which around 80% need aid in the private
division and the rest in the government funded and helpful division. Separated
starting with these, there need aid a few thousand little industrial facilities with four
on ten looms India fares yarn with Japan, United States, United Kingdom, Russia,
France, Nepal, Singapore, Sri Lanka and different nations. India needs the second-
biggest introduced limit from claiming spindles in the world, with 43.13 million
spindles (30 Walk2011) following China. In spite of the fact that India need an
extensive imparts done globe trade of cotton yarn, its exchange garments is just 4%
of the world's aggregate.
This may be because of that incompetency for neighborhood turning and weaving
plants on methodology yarn. There exist some extensive factories, yet all the
majority of the generation will be divided in little units, which cook of the
neighborhood business sector. This befuddle will be a major detriment for the
industry. As a result, a number of the spinners fare yarn same time clothing and
article of clothing Makers must import fabric. Those control supply will be flighty
and hardware is old fashioned, Furthermore necessities to make upgraded. Different
issues incorporate low yield from claiming labor and firm rivalry for the
manufactured fiber industry. Cotton is the world’s most imperative customary fiber.
In the year 2007, those overall
Yields were 25 million tons from 35 million hectares growled over more than 50
nations.
There are 5 phases:
Cultivating & Harvesting
Preparatory forms
Spinning- giving yarn
Weaving- giving textures
Finishing- giving materials.
Jute textiles
India may be that biggest producer from claiming crude jute furthermore jute
products and the second biggest exporter then afterward Bangladesh. There were
over 80 jute factories clinched alongside India clinched alongside 2010-11,
practically of which need aid placed to West Bengal, basically along the banks of the
Hooghly River, in a limited cinch (98 km long Furthermore 3 km wide). Elements
answerable for their area in the Hooghly bowl are: modest water transport, beneficial
system of railways, roadways furthermore waterways to encourage development
from claiming crude material on mills, abundant water supply, Shabby work from
neighboring states.
Done 2010-2011 the jute industry might have been supporting 0. 37 million
specialists straightforwardly What's more another 400,000 little Also minor farmers
who were locked in the development of jute. Tests faced by those business
incorporate firm rival in the universal business sector starting with engineered
substitutes and starting with different nations for example, such that Bangladesh,
Brazil, Philippines, Egypt furthermore Thailand. However, those internal request
need been on the ascent because of administration arrangement of compulsory
utilization of jute bundling. Will animate demand, those items necessity should be
differentiated. Previously, 2005, the national jute Policy might have been figured
with the goal from claiming moving forward quality, Expanding benefit an
upgrading the yield of the crop.
Those principle business sectors to jute are those United States, Canada, Russia,
United Kingdom and Australia.
Synthetic fibres
Through expelling a Polymer, over a spinneret into methods where it solidifies, by
this counterfeit fibre are prepared. Wet spinning utilizes a coagulating medium. Idry
spinning, the Polymer is contained in a dissolvable that disappears in the warmed
leave chamber. In liquefy spinning the expelled Polymer is cooled in gas or air and
afterwards sets. Every one of these strands will be of incredible length, regularly
kilometers long.
Natural fibres
Natural fibres are moreover from creatures (sheep, goat, rabbit, silk -worm) mineral
(asbestos) or from plants (cotton, flax, sisal). These vegetable strands can originate
from the seed, stem or the leaf. Without concession, many procedures are required
before a clean even staple is gotten each with a particular name. Expect for silk, each
of these strands is short being just centimeters long, and each has an unpleasant
surface that empowers it to bond with comparative staples.
Market size
The Indian textiles industry, right now expected at around US$ 223 billion by
2021.It contributes approx. 5 % to India’s GDP, and 14% to general Index of
Industrial Production (IIP). The Indian material industry can possibly achieve US$
500 billion in size as per a review by Wazir Advisors and PCI Xylems &Polyester.
The development infers residential deals to rise to US$ 315 billion from now US$
68billion. In the meantime, exports are implied to increase to US$ 185 billion from
approx. US$ 41 billion as of now.
Growth
Development alongside the investment for an industry relies vigorously on the
financial wellbeing of the nation over. Indian economy grew quickly throughout the
monetary year 2006-2007 presenting a Growth rate from claiming 9. 4% p. An. Not
main this, India need been performing fundamentally in the last three a considerable
length of time the place its Normal yearly rate of development need been assessed
with be 8%. The fruits of monetary development need trickled down should kin of
the state which might be prove starting with those climbing for every capita wage for
India. Detail uncovers that Throughout 2001-2007 (up with Walk 2007) the for
every capita wage about India need expanded Eventually Tom's perusing sixty two
percent What's more need arrived at the level about Rs 25,778 alternately US$ 581.
37 for every annum.
A standout amongst that mossy cup oak advantageous class for this monetary
development adventure need been the working salary segment of the pop culture.
Those aggregate quality for this population clinched alongside outright terms need
been discovered out to be 216 million which will be normal with Ascent with
351million eventually Tom's perusing 2010. The major interest that is being
produced will be Toward another population for people starting with those blasting
IT-BPO segment who are at present during their prime ageists Furthermore need aid
ostensibly design smart. This need produced immense interest for popular dresses
which need thus prompted the rise from claiming portion globe population Indian
designers for their most recent design apparels.
Government Initiatives
A number of export promotion policies were introduced by the Indian government
for the textiles sector. 100% FDI was allowed by the government in the Indian
textiles sector under the automatic route. The key activities announced in the Union
Budget 2017-18 to improve the textiles
Sector is listed below:
Encourage new entrepreneurs to invest in sectors such knitwear by increasing
allocation of funds to Mudra Bank from Rs 136000crore to Rs 244000 crore.
Allocation of Rs 2200 crore for up gradation of labour skills.
Company Profile:
Sri Anjaneya Cotton Mills Limited is a Public incorporated on 31 December 1962. It
is classified as non-govt company and is registered at Registrar of Companies,
Bangalore. Its authorized share capital is Rs. 300,000,000 and its paid-up capital is
Rs. 150,000,000. It is involved in Spinning, weaving and finishing of textiles.
Sri Anjaneya Cotton Mills Limited's Annual General Meeting (AGM) was last held
on 21 September 2019 and as per records from Ministry of Corporate Affairs
(MCA), its balance sheet was last filed on 31 March 2019.
Mission:
To manufacture international quality yarn, fabric and ultimately the finished textile
garments with the highest level of competitiveness on all parameters.
To be an ethically responsible organization in all aspects of the business.
To effectively harness and integrate all available technology across various elements
of the textile chain.
To cater to product innovation by mastering value added areas like processing and
finishing.
Cotton Fabric
Cotton Saree
Cotton Yarn
Cotton Bed Sheet
Cotton Kurtis
Cotton Dobby Fabric
Areas of Operation:
Davangere
Infrastructure Facility:
Parking Facility
Drinking Water Facility
Security
CC Surveillance
Competitors Information:
Strengths
Weakness:
Companies with growing costs YoY for long term projects
Inefficient use of shareholder funds - ROE declining in the last 2 years
Inefficient use of assets to generate profits - ROA declining in the last 2 years
Degrowth in Revenue and Profit
Opportunities:
Threats:
Employee engagement is a human resources (HR) concept that describes the level of
enthusiasm and dedication a worker feels toward their job. Engaged employees care
about their work and about the performance of the company, and feel that their
efforts make a difference.
The theory of employee engagement, when stated simply, looks like common sense.
According to the theory, leaders of an organization must ensure that all their staff
members are fully engaged, that they are fully switched on at their jobs. The ideal is
that the staff is fully committed, in the same way entrepreneurs care for their
businesses or people in general look after their own household. Being engaged
simply means that you are fully involved and interested in the work so that it really
holds your attention and inspires you to do your best.
LITERATURE REVIEW:
1. Alok Kumar Goel (2016) This paper aims to examine the key drivers for employee
engagement within an organisation. It seeks to answer the question: what are the
keys for improving the level of employee engagement? This study first examines the
theoretical understanding of employee engagement followed by an empirical
investigation. The case study illustrates the strategy for employee engagement in
Honda Siel Car India Ltd. (HSCI), which is based on research on the key drivers of
engagement. Qualitative and quantitative studies on work engagement are reviewed
to uncover the manifestations of engagement and reveal its antecedents and
consequences. This paper presents practical lessons of employee engagement from
HSCI – a leading manufacturer of premium cars in India. This paper ascertains some
of the key drivers of employee engagement as illustrated by the case study. This
practitioner-oriented paper builds upon a case study, which explores the employee
engagement in an automobile industry and integrates the findings with contemporary
knowledge on human resource management. The findings of this case study can be
used to develop the strategy for employee engagement in today’s workplace.
Alok Kumar Goel (2016) Measuring the level of employee engagement: a study
from Indian automobile sector Volume 6, Issue 1 .
3. Hadi Teimouri 2016 The aim this study is to investigate the relationship between
employee engagement and organisational effectiveness. Two questionnaires in
relation to employee engagement and organisational effectiveness using Parsons
model were designed and distributed among 184 experts and managers of Damavand
Power Generation Management located in Damavand, Iran. The participants were
selected using a stratified sampling method. The finding proves that there is a
meaningful relationship between each of the six dimensions of internal marketing,
including organisational justice, rewarding, training, employee participation,
information sharing, job security and organizational effectiveness. The data analysis
shows that performance of employee engagement programs in organisational justice,
offering rewards, training, employee involvement, job security, and information
sharing affect absorption and retention of employees and increases of their job
satisfaction.
Hadi Teimouri 2016 Study of the relationship between employee engagement and
organisational effectiveness Published online 8 July 2016
4. Ashutosh muduli (2017) The research aims at examining the relevance of “high-
performance work system” in Indian context. Further, influenced by the concept of
“black box,” the mediating role of employee engagement has also been tested.
Agreeing with the universalistic perspective, the study result proves the relevance of
high-performance work system to India. Consistent with ability-motivation-
opportunity theory, the result also proved that high-performance work system
aligned with employee engagement can significantly improve organizational
performance.
Ashutosh muduli (2017) high Performance Work System in India: Examining the
Role of Employee Engagement Pages 130-150 | Published online: 04 May 2016.
6. Yogendra Bhattacharya (2014) Industries across the world have been battling the
effects of the global economic slowdown, adopting strategies to remain competitive
and viable. It has been realized that sustainable competitive advantage can only be
created through the workforce, the people who are the organization. In order to get
the best from employees so that they go the extra mile for the organization, they
must be “engaged.” Employee engagement as a construct has become very popular
in recent times as it has shown correlations with productivity, profitability, employee
turnover, safety, absenteeism, etc.
7. Naman Sharma (2017) This study aims to explore the contribution of psychological
contract and psychological empowerment towards employee engagement with in
Indian IT sector. Research hypotheses were evaluated using multiple regression
analysis. Findings indicated that both the variables i.e. psychological contract and
psychological empowerment are crucial drivers for employee engagement in IT
sector with employees feeling more connected with the organization when drawing a
positive psychological contract from it and believed to be empowered from it and its
members. In the end, managerial implications for fostering psychological contract
and psychological empowerment are provided and suitable avenues for future
research are suggested.
8. Manish Gupta (2015) Contrary to the theory and research on employee engagement
in the western countries, less consideration has been given to the importance of
employee engagement in Asian countries wherein its need is felt more. As more and
more companies in Asia realize the importance of a productive workforce, this
research examines the mediating role of employee engagement in the relationships
of corporate social responsibility (CSR), employee–company identification (E–C)
and organizational commitment (OC). Structural analysis of 290 online responses of
employees working for various Indian and foreign information technology enabled
services (ITES) companies in India, confirms the presence of partial mediation by
employee engagement in between its antecedents (CSR and E–C) and its
consequence (OC).
9. Nada Al Mehrzi (2016) The purpose of this paper is to provide a framework through
which to understand, predict and control factors affecting employee engagement in
the public sector in the United Arab Emirates (UAE).
10. Neha Gupta, Vandna Sharma (2016) There is an unprecedented change in the job
description as well as workforce diversity due to globalization of organizations.
Employee engagement has emerged as an important management-focused activity in
order to compete and perform in a dynamic and competitive environment, having
linkage with the organization’s goals and objectives. This article aims to provide an
exploratory study on employee engagement, its concepts and definitions as evolved
through recent times, factors or drivers affecting it, its measures and importance for
better business outcomes. The methodology used for this study includes selected
literature reviews on employee engagement. Employee engagement is found to be a
continuous process and is highly organization specific. There is no clear and widely
accepted definition of employee engagement; however, it is found to be an
integration of different behavioural components, such as commitment, involvement,
attachment, discretionary effort, energy, positive attitude and psychological
presence, that leads the employee potential into employee performance which is
positively linked with organization success.
12. Sonia Taneja (2015) The purpose of this paper is to develop a model that identifies
the strategies that have the ability to create a culture of employee engagement for
global managers in making the tactical adaptations necessary to develop and
implement global strategy in an increasingly complex and dynamic marketplace.
Sonia Taneja (2015) A culture of employee engagement: a strategic perspective for
global managers Volume 36 Issue 3
13. Bhavesh Jha (2016) Out of all the resources available, human resource is the most
crucial to enable an organization to compete and excel in the current competitive
marketplace. Employees play a crucial role in managing the organizational
effectiveness and portray the real picture of an environment and culture. Efficiency
and productivity of employees has become vital for businesses to run sustainably in
this modern business era. Workforce engagement in this demanding situation is of
critical significance. Engagement may be described as a two way process between
employees and an organization. It is a strategy to enhance the productivity and
performance of an employee;
Gaelle Duthler (2018) The role of corporate social responsibility (CSR) and internal
CSR communication in predicting employee engagement: Perspectives from the
United Arab Emirates (UAE) Volume 44, Issue 4, November 2018, Pages 453-462
16. Edward P. O’Connor (2017) This conceptual paper explores the relationship
between an organization’s exclusive talent management (TM) practices, employees’
perceptions of the fairness of exclusive TM practices, and the corresponding impact
on employee engagement. We propose that in organizations pursuing exclusive TM
programs, employee perceptions of organizational justice of the exclusive TM
practices may affect their employee engagement, which may influence both
organizational and employee outcomes. Building on extant research, we present a
conceptual framework depicting the relationship between exclusive TM practices,
organizational justice and employee engagement, with social exchange theory and
equity theory as the framework’s foundation. The propositions in the framework are
each supported by the respective literature. The perceived organizational justice and
potential ramifications of exclusive TM practices for employees who are not
included in corporate talent pools is an under-researched topic.
17. Marie Carasco-Saul (2015) Leadership is one of the most studied topics in the
organization sciences, and employee engagement one of the more recent. However,
the relationship between leadership and employee engagement has not been widely
investigated. As many organizations invest significant resources in retaining,
developing, and engaging employees, human resource development (HRD)
professionals are tasked to develop and partner with leaders to deliver those strategies
effectively. Thus, a comprehensive understanding on the relationship and mechanism
between leadership and engagement is essential to HRD professionals informing
leaders on how best to cultivate positive results in followers.
Marie Carasco-Saul(2015) Leadership and Employee Engagement: Proposing
Research Agendas Through a Review of Literature Vol 14, Issue 1,
2015https://doi.org/10.1177/1534484314560406
18. Deepika Pandita (2018) The purpose of this paper is to enhance the readers’
understanding of the domain of talent management and employee engagement, and
how the former culminates in the latter, specifically as a tool for retention of
employees. The paper also attempts to probe and aid readers in understanding of the
domain of talent management and employee engagement, specifically as a tool for
retention of employees.
19. Kibum Kwon (2020) The purpose of the current literature review is to (a) provide a
comprehensive understanding of the relationship between employee engagement and
innovative behavior through the lens of the JD-R model; (b) identify and revisit the
guiding theories underpinning employee engagement studies; and (c) construct an
integrated conceptual framework based on empirically validated factors and their
relationships, along with relevant theories. An integrative literature review of 34
empirical studies indicates that employees perceive a mix of reasonably high
demands and high resources to be ideal for their engagement, innovative behavior is
a consequence of these delicate interactions, and engaged employees are more likely
to behave innovatively by activating coping strategies to deal with challenges.
RESEARCH METHODOLOGY
Statement of the problem:
“A Study On Employee Engagement At Sri Anjaneya Cotton Mills Limited,
Davangere”
Present study was aimed to bring out what exactly is human resource operations works in
an Sri Anjaneya Cotton Mills Limited and to study their relation and impact on
employee Engagement.
Need for the study:
Studying employee engagement in an organization provides clue for the employers
to contribute to bottom line business success
To understand & identify the problematic areas and make a plan and take action
towards improvement.
This study helps not only to retain valued employees, but also to
increase its level of performance
Study involves collection of information from the respondents who are the employees
of Anjaneya cotton mill limited
RESEARCH METHODOLOGY:
Sampling Design:
Sample frame: List of employees from an attendance of Sri Anjaneya Cotton Mills
Limited
SOURCES OF DATA
Secondary data: Secondary data will be collected from the company annual reports,
books and further relevant material will be collected from website.
Questionnaires
Personal Interview
CHAPTER SCHEME
Chapter 1: Introduction
This chapter offers the brief details about the selected topic, Industry profile.
Bibliography
This chapter deals with the bibliography of gathering statistics and information
related to the study.