During August 2009, Chris Fraser, the President of Supply Chain International for VF (Vanity Fair) Brands, was advocating to change VF Brand’s supply chain strategy. The need for change was fueled by a multitude of factors such as the economic crisis, changes in the structure of the apparel industry and VF’s new company strategy or “Growth Plan”. First, the economic crisis had an immediate impact and required VF to find ways to overcome its effects. The short term impact of the 2008-09 economic crises was huge; the revenue of the total garment industry during the first half of 2009 declined by 10%, when compared to the revenue in the same period in 2008, with VF’s revenue and earnings declining by 9% and 30%, respectively. Furthermore, many of VF’s garment contractors were very small and operated on razor sharp margins with negligible buffer capital.
Tomlinson explains, India's export trade was composed of mainly agrarian produces like raw cotton, raw jute, rice, tea, oilseeds, and wheat, which were sold to North America, Europe, and Britain. However, increasingly simple manufactured goods had been exported. Great Britain was the most important trading partner, yet British exports to India remained significantly larger then imports from the colony. Britain accounted for 60% of all imports in 1913. The Indian market was not equally lucrative to all British exporters; to the staple industry, cotton textile manufacturers, and producers of engineering products, however, the Indian market was of immense importance.
Bharat Heavy Electricals Limited (BHEL) is a public sector limited company in India. Their CSR activities are based on triple bottom line approach. BHEL believes that CSR is a social and ethical commitment by businesses through which they contribute to economic development of the nation while working towards improving the quality of life of the people. This extends to their families, local communities and society as a whole. Corporate Social Responsibility activities of BHEL include: • Schools for the underprivileged and handicapped children • Organising free medical camps • Providing aid during disasters/natural calamities • Providing employment to handicapped and Ex-serviceman • Supporting charitable dispensaries, adoption of villages • Rainwater
RATIO ANALYSIS OF KRBL LTD. AND KOHINOOR FOODS LIMITED Introduction:- This assignment is basically about ratio analysis, which is used to see the financial positioning of the company. Below are the financial ratios of two companies which come under FMCG companies, this ratios are taken of the last 3 years and analyzed among all the years and also with each other. Company Introduction:- 1) KRBL Ltd.:- KRBL was founded by Khushi Ram & Behari Lal , therefore the company is known as KRBL. It’s a rice company with comprehensive product chain. Among the Indian rice industry, KRBL is on the top slot.
On the basis of this purchase order, the fabric source prepares a ‘requisition’ for the fabric as per the demands of the buyers and raises it to the fabric vendors in the market. The best deal and the vendor are finalized and the order is placed. The factory may send the yarn from the store to the fabricators for fabric production, buy greig for dyeing or directly order the processed fabric to the vendors. Once the fabrics development receives the approval for the fabric, the vendor sends it in form of lots within the specified time period and the fabric is made in house in the fabric store. About 5% extra goods are supplied by the vendor.
The auto sector accounts for 4 per cent of the total FDI Inflows (in terms of US $) in India. According to the recent data released by Society of Indian Automobiles Manufacturers (SIAM) India’s scooter and motorcycle manufacturers have registered 4 per cent growth during April-November, 2012. The Global and Indian manufacturers are focusing their efforts to develop innovative products, technologies and supply chains. India is one of the key markets for Global Manufacturers for hybrid and electronic vehicles, which is the new development in automobile sector. With a turnover of almost $59 Million US Dollars, Automobile industry Provides employment to 13 million people in the India Work-class.
Finished leather stood third with global exports of US$ 8.79 billion in 2010, while harness had the least global exports within the leather & footwear sector of US$ 1.09billion in 2010. Same trend has been witnessed in Indian leather industry. India’s total exports for thesector stood at US$ 3.7 billion in 20102, out of which footwear and leather apparel & goods segmentscontributed to more than 75% to the total exports (44% and 32% respectively). Given the current andexpected future contribution of these segments, improvements in these two segments are expected tohave far reaching and large impact on overall competitiveness of the Indian leather & footwearindustry.Australia. China is the largest exporter of leather goods and apparel globally contributing to around40% to global leather apparel & goods exports of US$ 47.8 billion in 2010.
In any case, the genuine uniqueness of the Indian skilled workers lies in the way that they do a large portion of the cutting and cleaning physically which separates India from its different companions. India (particularly, Surat and Mumbai) positions among the 'huge four' jewel cutting focuses of the world — the other three being, Belgium (Antwerp), the US (New York) and Israel (Ramat Gan). At present, jewels handled in India represent 85% in volume, 92% in pieces and 60% in estimation of the aggregate world precious stone business sector. The Jewellery division in India is very fare situated, work concentrated and a noteworthy donor to the remote trade income; in this manner, the Indian government has announced the segment as a push territory for fare advancement. Market Size and Structure The part is exceedingly divided and sloppy, and is described by family-claimed operations.
INTRODUCTION India is one of the fastest growing economies in the world. Various sectors contribute to the development of Indian economy. The contribution of service sector to gross domestic product (GDP) is higher than any other sector. Next to service sector manufacturing sector contributes more to GDP followed by agricultural sector. In the aspect of employment, next to agricultural sector, manufacturing sector gives more employment to people.
India is an agricultural country. About seventy percent of the population depends on agriculture. One-third of our National income comes from agriculture. India’s economy is based on agriculture. The development of agriculture has much to do with the economic welfare of the country.