0% found this document useful (0 votes)
13 views42 pages

Indian Rayon & Industries Ltd. History

The document provides details about the history and development of Indian Rayon and Industries Ltd (IRIL). Some key points: - IRIL was founded in 1956 by Morarji Vaddya to manufacture viscose filament yarn in collaboration with an American company. - In 1966, Aditya Vikram Birla took over the struggling company and expanded production. - By 1995, IRIL had become a leading producer of artificial textiles with expanding demand. - The document outlines several functions and financial management practices of IRIL, including planning, controlling expenses, capital budgeting, and leveraging.

Uploaded by

Mayank mangukiya
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
13 views42 pages

Indian Rayon & Industries Ltd. History

The document provides details about the history and development of Indian Rayon and Industries Ltd (IRIL). Some key points: - IRIL was founded in 1956 by Morarji Vaddya to manufacture viscose filament yarn in collaboration with an American company. - In 1966, Aditya Vikram Birla took over the struggling company and expanded production. - By 1995, IRIL had become a leading producer of artificial textiles with expanding demand. - The document outlines several functions and financial management practices of IRIL, including planning, controlling expenses, capital budgeting, and leveraging.

Uploaded by

Mayank mangukiya
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

History & Development

The Late Prime Minister Shri Lal Bahadur Shashtri Said the foundation stone of Indian Rayon and Industries Ltd. on 21st June 1959 It was Incorporated on the 26th September 1956 Feb 1958. The Inauguration of the company was done by an American Ambassador Mr. [Link] on 13th April 1963 & on the same day company took its tail production. Shri Morarji Vaddya one of the leading industrialists of Gujarat with a view to manufactures VI scone Filament year (VFY) in collaboration with von-icohon international of U.S.A started this own. Only a sick company and virtually on the verge of closure was taken over by shri Aditya Vikram Birla in 1966. Who believed in consolidations, expansion and diversification. Because of his belief and sincerity towards his work the company has not only turned orotund but has also made up a strong market position today. By 1975 the jay a shrew textiles lad merged with Indian Rayon. The Indian Rayon & Industries Ltd. & public Ltd. Company. The foundation stone of Indian Rayon and industries Ltd was laid by our late prime minister shri lal Bahadur Shashri and the American Ambassador to India Mr. Willibirth Indian Rayon industries Ltd. Situated at sea costs (Arabian) was established by [Link] veddya in 1956 with the prospect of manufacturing viscose filament rayon yarn as its man products on salpheric acid & carbon -disulphide. The under the companies act 1956 & the company was given the commencement certificate on 13th

IRIL infield technical collaboration form Ms. Van kohorn international competitions of U.S.A. Indian Rayon and industries Ltd. Celebrates its 39th anniversary in the year 1995 at this occasion it would be parliament to assess the operation of the co right form its beginning on 26th Sep.1956. The company has come out as the leading competition in the artificial textile market whose demand is expending by lead and bounds. This unit was first belongs to vidya group then now in belong to birla group. Following the trial production in 1963 The commercial production of the company . being with stones per day in 1964. As a result of result of strike and chaos with in the unit the present ingot is Birla group look over the co. In the town the production capacities and operating efficiency of the plant improved steadily. The daily production of Rayon yarn has increased to 32 NT Indian Rayon and industries Ltd. has expansion plant too until the year 1987. The name of the Co. was " Indian Rayon & Corporation private Ltd " but to expansion it became " Indian Rayon & Corporation private Ltd " after that the company is paying dividend regularly to their shareholders. Company was incorporated under company Act 26/09/1956 Business commencement certificate 13/02/1956 Regular production 27/09/1966 Take over by Late shri Aditya Birla 18/10/1966 Corporation Ltd. to industries Ltd. in 23/01/1987 Before some years company has been awarded the prestigious ISO 9002, Certification. That means of ISO is " Information Organization for standardization ".

The head office of ISO is Geneva, there are all members of this certificate and Indian Rayon is one of them. Indian Rayon is public Ltd. Company this Company was incorporated on 26th Sep 1956. Under the Company Act 1956 & they have issued a public issued.

Major function undertaken by IR&IL Co. Regular Checking of set parameters Checking individual Checking of abnormality in the problem Highlighting the valuation form the set operating
Procedures Parameters

Major Function Undertaken by IR&IL Co.


Regular Checking of set parameters. Checking individual. Checking of abnormality in the process.

Highlighting the verification form the set operating procedures / Parameters.

Technical sales
Regular market visits to meet consumer's demand. Regular comparison of yarn quality & physical properties of other Manufactures Checking and suggestion to claimant market complains

Improvement call
Analysis of breakdown and stoppage of process. Suggesting for improvement in existing operational system for Batter plant control. To carry out study on specific problem/defect and Suggest their Steps. To develop different shades /product for sales Promotion. IR&IL Co. (Unit of Adity Birla Novo Ltd.) Has received occupation health & safty Assessment series.18001-2000 (OH&AS) Certificate & it is the first company to receive ISO 9002 certificate in Rayon Industry in Nation. It has also received 14001-environment certificate.

Financial Management
The management of the finance of a business or organization is in order to achieve financial objective. IR&TL Co. have separate department for circuiting finical actives. It also provides practical knowledge for future managerial foundation in the field of finance and all over the management. Taking a commercial business as the most common organizational factor, the key objectives of financial management would be to: Create wealth for the business. Generate cash

Provide and adequate return on [Link] in Mined the risks that the business in taking and the Resources invested. There are three key elements to the process of financial management. (1) Financial planning. (2) Financial controlling. (3) Financial decision making.

Financial planning
Financial planning in one of the most aspects of financial managers job. The sakes of an organization always depends up on the proper planning refers to make plan about finance that how much money is recoiled and how it is collected. Financial management has to make for capital investment and also for working capital for the ensuring year. The financial planning is the responsibility of the top management. It is also essential that each financial [Link] carefully planned any action as the success of failure of the form depends totally on it. IRIL have the task of financial planning is divided in to three parts :-

Top Level Middle Level Lower Middle Level

Top Level: - Prepares pertaining to the long form

requirement of the form its capital expenditure permanents short forms Nat in flow and out flow.

Middle Level: - Is constituted by the virtually routine

finance plan. This level is generally concerned with the listing and calculating of out flow.

Lower Middle Level: - Is generally concurred

calculation of out flow of the company. The whole process at this level is divided in to two parts. 1. Cash in flow 2. Cash out flow. In Indian Rayon & Industries Ltd. Unit's financial diction are very crucial head offices of Mumbai plan for project of the company.

Financial Control
Financial control is a critically important activity to help the business ensure that the business is meeting its obey. In the financial management after done financial planning most imp elements is financial control that means how to control all the cost which will occur during financial planning and also business process related too working capital which is important element of any co. In the inventory management there are goods products according to market demand, means demand equal supply.

How to control companies expenses during miffing process Company have lots of expenses during Mifflin financial year such as stationary, printing, cartage ,inward carriage ,outward carriage ,row material cost of processing for row material to finished good self. There are some expenses such as rent, interest, and commission to dealer during purchasing or selling of the goods. In the Indian Rayon & industries Limited (IR&IL) company is basically manufacturing of (viscose filament yarn) chemical such as liquid or and also power plant that produced power for Indian Rayon & industries Limited (IR&IL) & most recently introduced caustic soda plan which division is separate office and very wild rang of future prospect soon these new emerging products in India as well as world. Controlling essential for any of co. because it is affected directly to the company's revenue profit as well as net profit expenses etc.

Financial decision making .


Financing decision is whether profits craned by the by the business should be retained rather that distributed to share holders via dividends. If dividends are too high, the business may be starved of finding to reinvest in glowing revenues and profit further. Indian Rayon &Industries Limited has adopted a clear and detail division for function. In this company there is good financial department organized activates under direct control of board of director (B.O.D.)

Executive president and vice president are responsible for over all result of finance activities of department in the company. The company is having line type of organization in the finance department.

Capitalization
Capitalization means the total amount of company's capital or value of it's capital stock. The total amount of Co.'s capital should be enough to meet its present and future nads.

Leverage

The employment of andantes the firm has to pay a fixed cost or fixed return is premed of leverage. There are two type of leverage:-

Operating leverage. Financial leverage. Financial leverage: - EBIT


EPS

Capital Budgeting

The system of capital budgeting is employed to evaluated expenditure decisions that involve current outlays but are likely to produce benefits over a period of time longer than one year. Capital budgeting decision it a long term's decision to invest its current funds most effectively in long term activities in anticipation of an expected how of future benefit over a secures of year. This co. always aims to increase and expands the installed capacity of Rayon yearn

products. It constantly series for it and success. It present the installed capacity of the plant is 35 tones a day. -: There are various method of capital budgeting: -

Internal rate of return Average rate of return Profitability index Pay basic period Net present value
Average rate of return: - Average Annual Income 100 Average Internet

Cash Management

holds the cash for

Generally

any

organization

transaction motive, precaution motive, speculative motive, and compensating motive. The IR&IL Co. holders the cash only the transaction motive. It holds the cash for smoothing the day-to-day operation only. If there is surplus of cash in the Co. It is transferred to the CFD while it there is deficit of the cash in the org. It borrows it form the CFD and also decision regarding the investment of cash in to marketable security is done through the CFD only. Cash collection balance Cash distribution Optimum cash

Working Capital Management

Current Assents
Current Liabilities

Working Capital Concept Gross working capital Net working capital

Gross working capital or cross working capital is same and also means total current assets. Net working capital is the amount of working capital means difference between the current assets and current liabilities.

Company Profile
Indian Rayon and Industries Ltd. is a 1600 co. Multi product and multi locations industrial (Conglomerate) a part of Birla industrial group. The organization of a long illustrious and magnificent legacy spread over a period of 125 year. The organization is consolidating its position under the chairmanship of Shri Kumar Mangalam Birla . Indian Rayon & industries Limited. (IR&IL) a Rs.15.95 billion Adity Birla Group Company, operates a wide rang of business. It focus arcs are viscose filament yearn, carbon black, branded apparels textile and insulators. Over the past three year. IR&IL has made successful forays in to surname software and business process outsoverking (BPO), striking a balance between manufacturing brands and services.

A Leading Player The second largest producer of viscose figment


yearn (VFY) in India.

The largest branded Apparel Company in India. The second largest producer of carbon black in
India.

Life insurance joint venture Birla Sun Life Insurance


largest private Sector insurance company.

Insulator joint venture with Birla NGK Insulators Pvt.


Ltd. is India's Largest and world's third largest Producer of modulators.

Emerging player in high growth soft ware and BPO


Sector.

Business Summary
The Rayon division is one of the 12th divisions of India Rayon located in Veraval in Gujarat. The main product of the Rayon division is the viscose filament yarn apart form chemical like sulfuric acid, carbon, disulfide which are both consumed in-house and sold. Incorporated in 1956 by Morarji [Link] for the production of Rayon filament yarn, Indian Rayon & Industries was take over by Adity Birla In 1976, it was merged with Jayshree textiles & Industries, which owned three textile units and an insulator unit. Indian Rayon and Industries Limited flagship company of the Aditya Birla Group, is among

India's top 25 corporations with turnover of over Rs. 15 billion. Indian Rayon is a leader in its key businesses viscous filament yarn, carbon black , insulator & braned apparels , both in Indian & internationally.

Historical Perspective
The eternal land popularly called prabash kshetra, the outer ledge of Veraval, which has a religious radius of approximately 5.5 Kms. which envelops Lord Somnath (The 1st Jyotirlinga) , the Bhalka Tirtha, (eternal submergence of Lord Krishna into 5 elements) and Triveni submergence of river with sell myth logically believed still take a clipping the holly water of river suraswati at Triveni.

Employees Benefits And Service


For increasing the moral of the employs it is necessary to give some benefits and services to them for this purpose the IR&IL provides following facilities to their employer.

Quarter

Facility: - The IR&IL is having quarter with 2

room , kitchen for administrator and executive officer as a nominal pay rent Rs . 100 , staff pay Rs. 70. Bachelor hostel with 74 room for 127 bachelors equipped with canteen mess & common room.

Welfare Center: - The beatnik was established in

1993 for the benefits of working and these families. The facility includes games like volleyball, tennis, carom, and chess, reading room and library for ladies embroider and failing classes are conducted as a continuous activity.

Credit Co-Operative Society:- Member are given loan


facility up to an Amt. of 20,000 Rs. At a nominal interest. This is managed by Co-Society.

Birla (Temple) Mandir:- For spiritual and religious

activities it is managed by company through a full time pujari. It is one of the popular land maric and religious spot in Veraval.

School Facility:
Both science and commerce up to 12th standard affiliated with Gujarat Board Approximate number of student every year. In the year 2000 45.50 % of the student are employer children. Hindi Medium: - First Hindi medium school in the district four years back established up grade by one standard every year 50% of the tuition for is re imbrued by the company for employers children. Aditya (CBSE) Board School Bonus and Gratuity:- Each and every employers of IR&IL have been provided provident fund 12% form salaries and 12% form companies own. Company provide well bonus minimum 8.33%and maxi 20% worker get less than 1000 Rs. Salary /wages .He also gets bonus after completing 5year services .He can get gratuity and 15 days wages for 1 year service.

Medical Services :- Company has its own dispensary


in factory. Also in this dispensary workers are treated up on free of charge. Co. has its own doctor this dispensary.

Canteen Facility: - As per company act. Canteen

facility for its workers and staff. We found there are delicious snacks dishes for employers and workers at a very low rate.

Library Facility:- These is library in the unit of IR&IL.


In this library all type of newspaper and books are available for workers and staff. Recently so the welfare activities are very efficient and company spends plenty of rupees for its employees benefit.

Milk and Dairy Facility: - The IR&IL provide to the

workers working in chemical and spinning department. The milk is purchased form junagadh Dairy.

Recreation And Entertainment Facility:- The Co. has


its own big auditorium in which it arranges picture. They can also hold a cinema regularly for the entertainment of these workers and very negligible amount is charged for this purpose IR&IL have a library of its own form where employers and their female member collect a book and magazines to increases awareness.

Financial and Accounting Business activity can be divided in to two : Profit Motive Activity. Non Profit Motive Actively.

Profit making activity can be of trading nature and also of manufacturing activity, where's Non-profit motive activity is always of service rendering where the service is main moto. The parcel of any profit motive manufacturing activity are 4-M . These 4-M are

Men Money Material Machine What Is A Financial Management


Financial management is basically procurement of funds and its effective utilization. Theses any finance manager has to deal very carefully the than aspects of financial management. (A) Procurement of Funds (Add Im) Finance Introduction: - Finance management is the function which manage financial conduction and money also (1)The finance function is almost same in most enterprise (2) The details may different but the basic and imp features are common in one org structure. The finance function occupies such a major place it cans not the sole responsibility of one executive. Imp aspects of financial controller basically to was it the job management. (3) It has to play imp note to contribute to decision making in all the functional whole of business.

Financial mgmt is closely related to other wares of mgmt. I.e. production sales , personnel almost all business activities in organization directly or indirectly involve the acquisition and use of funds.

holders.

Fund can raised through share capital:- This is less

risk but more costly higher dividend expectation of share The dividend paid to share holders is not deductible expenses under the income tax.

Debenture Funds: This source of finance is comparatively cheaper but it is of high risk. The interest of debenture fund's is fixed and the same is also deductible expenses under the income tax act. There four its cost is lower than cost of share holders funds. Risk is higher :because of [Link] are to be paid back to the holders after certain period of time irrespective of solvency of paying back capacity of do. (B) Effective Utilization of Funds (1) First of all funds should be properly used. (2) Secondly long term funds should be utilized for procuring long term assets where as short-term funds utilized for proceeding short term assets i.e. working capital. (3) Thirdly no funds should be kept idee here funds does not mean only cash but it also covers other form of cash i.e. (4) Finale funds utilization should be planned in such a manner that it generates income higher than its cost of procurement so that there is margin of profit/gin in running of the business.

Basic Concept of Accounting


(A) Barter System:- In a very early stage of business activity there used to be a system where by commodity was exchanged against commodity as there was no common measurement of the [Link] system was called barter system. (B) Common Unit System/Money /Measurement concept: - When the Nan was not satisfied with the batter system for its inadequacy a common unit system of money measurement was acknowledged on this system all commodity are measured in our common unit [Link]. (C) Double Entry System: - Double entry system is based on the principle that in every transaction on party gives something while the other talks same. There fore every transaction has two aspects one debit and the other credit. For a complete recording of the transaction it is necessary that it should have both the debit and credit aspects. If one of the aspects ais messing the transaction will be incomplete. (D) Debit & Credits:- One aspects of the transaction is always debit whereas the other is credit. There are some rules as to which aspect is to be ditbited and which aspect is to be credited. These are caudal rules of accounting. ::These rules are as under:: Classification of a/c. Real a/c's Nominal a/c's Personal a/c's Debit credit what comes what goes in out Expenses income gain& loss & profit Receiver Glover

These rules an also be said in the following manner:-

Debit what comes in & credit what goes out. Debit all expenses & credit all incomes & gains Debit the receiver & credit the giver

Cash Book/Bank Book


CB/bb is used for recording the transactions which effect cash access bank a/cs. The CB/bb are balance daily so that daily cash and bank balance can be known.

Tourney entries
Transactions do Esselte can be bank accounts are routed through tourney entries.

Sale entries Purchase entries ledger Posting of the entries Trial balance

Financial Statement
The objective do financial statement is to provide inframaten about the financial position performance & changes in financial position of an enterprise this financial sternest are used to wade range of potential users in making economic classes. Classified in: 1. p&l A/c 2. Balancesheet

p&l A/c It always shows the results of the activities during a


specified period.

P&L A/c is far the year ended 30th june 1990 Balancesheet It shows the state ad affairs the co. as a particular
date.

B/s always as on 30th june 1990 Assets cab be classified as


(I) Fixed assets (II) Current assets Fixed assets:- F/a are those assets under are for use & not for sale i.e. land building, machinery. Current assets:- The assets which changes in term in routine nature Of business are called current assets.

Managecturing Process (A) Viscose Section: The process & curried out in the alkali cellulose i.e.
Mixing as wood put up with Naoh.

Conversion of alkali cellulose in to sodium cellulose


Xnthate in to viscose salutation. The process in carried out in the following steps. (1) Mixing: - Ferment the R.M wood pulp contains in Cs 91% to 97 % of cellulose is mixed with the sodium hydroxide (NAOH) of necessary strength. (2) Steeping: - In this step, the cellulose (woodpile) is mixed with the cultic sodium & it combines to form the alkali cellulose, which is called slurry. The excess soda is then drained off fan reuse. In this step the Bemis cellulose & the after impurities are also removed. (B) Homogenizes:- Form the mixer slurry is pumped to Vessel, which is called, homogenizes. Here in this stage different batches of slurry are blended thoroughly to get uniform. The slurry is contently & continuously supplied to be pressed. The slurry in the homogenizes is stirred continuously by stirred homogenizes. It is also backed to contorted slurry temperature (irradiating water) (C) Pressing (twin roller press): - It is a continuous Process. Form the homogenizes, slurry is pumped to be pressed where it passes between two pretended drum (roller). The excess cdutic is

removed is removed by pressing & slurry in the farm of Mat is received. Cellulose Alkali Water 34 % 15.5 % 50 %

Carbonate 0.5 to 0.55 % (D) Shredding:- Shredding process in geese the statue of the a/c. Meet ensues the next stage of caging & to be rapid an uniform. In this process met is out in to small pieces by three roller rotting at different speed & each of them is attached with a lingering wire which outs the matt form the shredder a/c pieces are carried maturing run by conveyer belt. (E) Maturing:- Maturing is the necessary process to decrease the degree of polymerization form 1400 monomer units to 600 monomer units of alkali cellulose by the effects of temperature & time casing to facilitate xzcinnthdtwn study. In this process the maturing drums used is of 70 feet long & 9 feet diameter. This cylindrical vessel is rattan at a speed of 193 rpm it is inclined a 3degree to horizontal to felicitate a/c slow. The stock of ac in the drum remains about 25000kgs. (F) Xanthdtion:- This is the main reaction carried out During viscose production. There are roam xdntnation equipped wise agitators & de vacated though which cold water is (irrupted to control the rout temperature xanthdtion is carried out under

vacuum dumping the butt in the dissever xanthante is headed with soft water & then it is dried with air.

(G) Dissolving:- In this stage viscose is untamed by Eight dissolve vessels where are equipped with drifter which makes viscose uniformed. The dissolving time is 3 hrs. The tern is controlled to maintain ripening index(r-s) from the dissever viscose which is transferred to ripeness room. (H) Ripening: - In ripening viscose is filtered though Different filters. It is Necessary process to remove the imparities before sending the viscose solution to spinning section. (I) Spin Bath Section:- spin bath is quality section to Spinning Rayon yarn. Spin bath is an important constituent for the viscose to be re-generated in to cellulose. The main composition of the bath solution is sulfuric acid (H2SO4)& sodium hydroxide (NAOH) other composition constitutes the Znso4, Na2so4 temperature etc. Which construe the spin bath salutation & the sodium sulfate (Na2so4) is receive as a by-product. Spin bath solution transferee to spinning section by totals six drums out of which two of them. One is old spin bath dept. unlade after four are in new spin bath dept.

(B) Spinning Section: - In this section viscose solution


Form viscose section directly supplied through dye units to spinning machine the right &colored

yarn .The viscose is then passed to the spinning department the consolation & regeneration is the abide thins which is done here. In the spinning dept. the chemical solution is being brought form spin bath. In spin bath section the spin bath solution is mae the solution lanterns. 1. Sulfuric Acid 2. Zinc Sulfate 3. Sodium Sulfate = H2SO4 = Znso4 = Na2so4

Spinning is one of the most imp part of the industries, where the thrall makings Gordian is done know as spinning firsts the viscose is passed through the -inches pipe to the spinning section. Viscose temperature is around 25 degree centigrade.

Basic Idea About The Process Is

1. Conversion of wood cellulose in to alkali cellulose Mixing of woodpile with NaOh 2. Conversion of alkaline cellulose in to sodium Cellulose xanthate 3. Conversion of sodium cellulose xanthate in to viscose.

Collection lenders & Respective Banks

Center
Ahmedabad Amritsur Banglor Belgium Mumbai Calcutta Delhi Panipat Pundichery Surat Varansi Veraval

Banks
Canera Bank UBI Canera Bank Canara Bank UBI City Bank UBI Canara Bank Canara Bank UBI UBI UBI

(C) Aster Treatment Section: - raw case spinning


section is brought to [Link] in raw cake trades. Here the raw cake pass throught 20 parts par 19 minuets each in these 20 parts the different machines are fixed in which the washing bleaching & drying are done by soft water various hydro extracted chemicals etc. we used to removed impurities and aster wands the cakes are dude. In the layer room by the air.

(D) Textile Section: - The dry cakes are now dry


Wining the yarn is in the firm of condor & hunk time desertion of yarn. The textile dept. places where the manufacturing process of Rayon yarn comes to end. Although it comes under production process but its function is auxiliary & very imp in nature.

(E) Packing Section: - After Winnies the hank these


are sent to the packing section where they are visually check by the inspections in grades are given as per their quality.

At present cone are packed in cardboard boxes. Then the cartoons which are filled by inspection side; helpers are brought to the weighing balance where the weight is balance as per per-determined std. After that a computer packing slip made various necessary details is paste on cartoon second is kept inside the cartoon & third is kept par re and purpose. After that the cartoons are stepped with Polly propylene type. Finally B.O.P.P adhesive tape is applied at the joint of top flaps of cartoons. These fully packed & seal cartoons are sent to bonded stares room (B.S.R) for sales department to be dispatch. The packing slip is having following details. Name of parts. Date of packing Quality grade and weight Registered Trademark of the Co. The Color of cones a handle Deniers

Awards & Recognition


Rayon Division

First price in textile sector energy conservation for


VFY form ministry of power, New Delhi for the year 2003/2004

Green tech safety excellence award. Green tech environment excellence silver award for

The year 2004

OHSAS 15001 & SA 8000 certification. Energy efficient unit excellence award form CII for
Caustic plant for the year 2004.

Certificate of merit for energy conservation for


Caustic plant form ministry of power New Delhi.

Caustic plant has been rated by UFDE, Germany


As Benchmark unit amongst Indian Chloe-alkali plants & comparable with any other wanted class plant.

Jayshree Textile Division

Second prize in textile sector in " National Energy


Conservation Award-04" is given by ministry of Power Govt. of India.

The division was shunt listed by West Bengal


pollution control board amongst the best performing industries. Jayshree Textile Division

Louis Philippe & "Allen Solely " rated amongst top


100 super brands by super brand council.

Most admired Appeared company of the year at


Images fashion forum awards (IFFA).

"Allen Solely " best trouser brand of the year at the


IFFA.

" Allen Solely " Most admired women's wear brand of


The year at the IFFA.

Best apparel co. of the year at the clothing


manufactures association of India (CMAI) award ceremony.

"Allen Solely" women's wear -brand of the year at


CMAI award ceremony.

" ICICI Fashion Retailer of the Year" by ICICI &


KSA-Technopak. Hi-Tech Carbon Division, Gummidipoondi

"TPM Excellence Award CII Category" forms JIPM,


Japan for the second consecutive year.

The division was declared as winner of "Gold Award


" in chemical sector for outstanding achievement in environment mgmt at Green Tech environment excellent Award of 2003/2004.

The division was certificate as "Excellence Energy


Efficient Unit" & Recognized as Energy mgmt Zone " by CII. " Innovative Prospect " at the "National Award for Excellence in

Hi-Tech Carbon Division, Renukoot

"Award for TPM Excellence - First Category " form

Japan institute of plant maintenance.

The division was declared as winner of "Silver


Award "in chemical sector for outstanding Achievement in environment MGMT at Green Tech environment excellence Award 2003/2004.

Commendation certification in manufacturing


category was presented to the division at Inc Ramkushna Bajaj National Quality Award 2004.

Social Responsibility Of the industry


Indian Rayon & Industries Ltd. is very much conscious about it's social responsibility and it working well. It will be helpful to bath industry & public. Indian Rayon & Industries Ltd. had established its own trust for fulfilling its social responsibilities named " Janseva Trust " It was incorporated buy Late Shri Aditya Birla in 1988 Janseva Trust engaged in various rural development activities to the social & standard of living. It has adopted 100 village near by Veraval Taluka & performs various activities & concerning society. It has divided 100 villages in to 5 cluster. Each cluster has 20 villages & a field worker. As this their 5 field workers are engaged in this activity. It arranges economical educational, agricultural, social & health relating activities under this 5 section trust perform following actives.

Helping to get loan to rural farmer self employment &


development &to develop their Buenos.

Gobar Gas Plant. Scholarship, adult education, balwadi etc. Provide distance to buy agriculture inputs to help on
buying.

Eye camp, Cancer camp, skin & leprosy diagnostic


Camp, and TB treatment, Family Planning etc.

Soil conservation, fruit, bearing tree plantation, Old


Window ages pension, blood grouping camp, and polio camp,

Culture activities Artificial hand, tricycle to handicapped, hearing add


to patients.

Drip irrigation, sprinkle farm well recharging farmer


yearning , social water testing programs , high value corresponds.

By making road & check dam in infra- structure


activity.

It also provide bus, railways, concession pass to


handicapped.

Water facility & hand pump.

Information of Organization

IRIL is a group of companies with their registered office at Veraval. Indian Rayon division is one of the groups of coheaded by Birla group & was its head office in Mumbai. Business principles & strong professional mgmt. Today it is considered as one of the twenty largest Pvt. Sector companies, in the country. The Rayon division started its commercial production as viscose filaments yearn as varying quality besides. The plant also produces sulfuric acid (98%) Anhydrous sodium sulfate & carbon DI-sulfate as a by-product the products are also expected. The org has different departments like viscose , after treatment , daily report, share a/c, purchase, spin bath, packing, textile, sales, laboratory , computer etc. Other Activities

They have well maintained school, specious


Residential colonies and medical facilities for staff Welfare.

They arrange intensive marketing training


programmers to provide & update of the largest marketing techniques, & trends.

They regularly arrange general mgmt. Programs to


develop young mangers.

Unique program of mgmt cultures it conducted for all


new comers.

::sture:: Exploring New avenges.

Diversifying in to new areas. Executing New plans.


Indian Rayon industries Ltd. A W constantly on the move A W with a new ending sale's story. Rate of Textile Department In Rayon Manufactures Unit.: Textile department stencils last in Rayon manufacturing process. The textile has the following advantages to the Cretan.

It converts the yarn in a farm, which suits the


Regalement of end used as caimans.

It adds attractiveness to the products. Above two factors will lead to better market standing
& Name as the yarn.

Sections in the department


The textile departments consist of following section.

CCR Conning Inspection/Packing section Maintenance. Land Mark Company was incorporated under the CO's
Act.26/9/1956

Business commencement certificate 13/2/1958 Foundation stone clatter their Lal Bahadur Shastri
21/6/1959

Inauguration by Mr. [Link] American

Ambassador 13/3/1963

Trial production 13/3/1963 Commercial production 22/10/1963 Regular production 27/9/1966 Take over by Late Shri Aditya Vikram Birla
18/10/1966

Corporation Ltd. to industries Ltd. 13/1/1987 Milestone 2001:- Broomfield expansion Os 40,000 TPA
completed at Hi-tech carbon , taking total to 84000 TPA

2002:- Pass date acquires Birla technologies Ltd. 2003:- Joint venture with NGK Os Joplin Birla NGK
insulators Pvt. Ltd. - ........ on 6th Feb. 2002, effect form 1st Aug.2002 entry in to business process outgunning with the of a leading industry BPO Co. mddura garments SGF sense a revolutionary denim brand targeted at the yonger generation.

2001:- Indian Rayon garments taking the Aditya Birla


group to the top of the league in the branded clappers sector.

1999: - Indian Rayon returns catch to trough a by


Back.

1998: - Indian Rayon lament bulginess transferred to

Group co. Grasim as a part of percent bulginess consolidation commences at Hi-tech carbons second chennai.

1988:-Indian Rayon in to Carter black Hi-tack gos on


stream.

1987:- Indian Rayon


the co.

corporation renamed Indian

Rayon & industries Ltd. to the diversified activities of

1981:- Indian Rayon enters clement business 1976:- Jayshree textiles & industries Ltd. active in
textile an insulation is merge with IR corporation Ltd.

1966:-The Birla equally Indian Rayon corporation


Ltd.

1963:- Indian Rayon viscous filament plant at


Veraval goes in stream

1956:- IR corporation Ltd. is incorporated. Quality Control & Classification


In the factory there is separate department of quality control to maintain and manage the quality of his daily production. The value & demand of any product depends on its quality, in this unit the cones & banks are checked quality & classified as per quality grade like 1,2,3,4 reject &classless

Launching Of Brand Logo

Indian Rayon Ltd. yarn in global market and for creating a new brand image our product was given a new brand name "Ray One" Shri [Link] , executive president launched the new brand name & logo during the customer visit in future our product will be marketed under the brand name of " Ray One" following by the line.

Recruitment ,Selection & Induction


The main source of recruitment by the IR&IL. Internal External Interview Reference Employment Exchange , Advertisement in news paper

Identification of training Needs:- Here the HRD dept.


conducts one survey in a year. To make the survey each & every employee is given one question paper & he has to answer it by analyzing the answer of employees. HRD dept. Finds that which employee this needing to be trained. HRD dept. also each dept. that what kind of training is needed for it's employees & after identifying the need of training HRD dept. prefer the stable program.

Method Of Training:- Company adopts the on the job

training for permanent new & badli worker company gives training by 1. Class room disquisition. 2. Training by supervision. 3. By the way of film projector. 4. By inviting person from outside.

Development:- Indian Rayon & IL attempts at


improving its every individual managerial effectiveness though planned & deliberate profile & progress of living. Training & HRD dept. Arranges various & invites guest from other org with through on the emergency mgmt as well as production travels to the people necessary officer & manager also sent of deferent cities & country & abroad also exchange of ideas about the operations. IR & IL has adopted new Birla mgmt. It has main date new ideas given has sent guidance your all innovation. In the target is excellent for every one arrange meting with employee at various level it also imbibes in provide at the training program. This is the background of the training which is concerned with different category arranged some training program & staff in training. This way mgmt development skill employees.

Process To Meet Objectives Market environment analysis.

Customer requirement need gap analysis. Strategic planning and budgeting. Production delivery alignment. Systems improvements. Customer satisfaction assessment. Internal customer supplier relationship assessment. Review mechanism. Action Plan Periodic market visits. Strengthening relations with buyers direct sales. Reducing distant sales. Reduced credit days encouraging cash sales. Minimizing inventories. Better co-ordination with co-producers. Dedicated transporters. Effective utilization of toner charge. Optimize hydrogen utilization.

H.R.D. Instruments Role analysis and development exercise. Performance playing.

Performance analysis & review. Performance counseling & interpersonal


Feedback.

Induction training. Training Job rotation. Potential appraisal and development. Career planning and development. Self-renewal and institution building exercise. Stress audit & stress management. Personal growth laboratories & worker
Education programs.

Org development exercise. Quality circles. Task forces. Weekly & monthly meeting. Managerial learning networks. Other unconventional development exercises.

Mission Statement To produce and deliver goods of best quality


Through technical excellence and innovation.

To became cost effective in all operations. To meet all customers need to their delight
through quality product and services.

To develop each employee to the fullest.


potential for organizational and personnel growth.

Goal of the Unit The unit is committed quality of work and quality of
system :- It aims at achieves highest excellence as world class manufacturing company.

Also the aims at optimum utilization of human


resource & to retain the competitive cage in the emerging scientific innovation & incrcased production.

And the unit to insure pollution frees and cleans


environment around as by adopting latest technological advancement.

The Aditya Birla Group is the world's Best Unit Largest producer of viscose staple. Largest signal location retina of polemic. Third Largest producers of insulators. In India it is the largest producer of viscose filament
yarn.

Gory cement & white cement Rayon group pulp

3E
1. Excellence [Link] [Link] intelligence

GHR and Ethics


Should HR have a code of ethics, In the past sociologists tallied about some criteria that make any profession. It should have a code of conduct and a licensing mechanism to practice in forms of certification ; it should have a body that enforces these standards and makes year that they are followed an when they are not followed to remove those violating these form the profession many professions have these. Unfortunately the HR profession in India has seen to in some of these. In fact management as a profession it self seems to talk a well defined code of conduct and standards on ethics and values. It is laydable that some organizations have well diffident lots of conduct and values inspire of the profession it self not having well-articulated values and ethical standards. Whether management as a profession on eticks and values. Because HR is the profession that deals with people and defects their lives.

5 "S" Concepts "S" Seirt : Short out unnecessary item in the work place and discard them.

"S" Seition: Arrange necessary items in good order so that they can be easily picked for use. "S" Seiso : Clean and maintain work place so that there is no dust and dirty "S" Seiketso: Standardize the work procedure for every thing we do. "S" Shitsore : Develop a habit of doing right things as standardize implementation of 5"S" As a result of 5"S" We are able to achieve Improvement of Quality cleanliness Attitude Action

Improve Qulity

Health

Discipline

Producation

Principle of 5"S" The famous principle of 5"S" a concept infiated in Japan has spread like wild [Link] being Implemented not only

in shop floors but in offices too. Systematic step wise Implementation of 5"S" contributes to a great extent in maintaining qyality of products and services elimination waste and enhancing health and safety of employers enchanting equipment performance And overall productivity deals in equipment restoration have omen down due to quick access to tools and spares retrieval of information has also come faster enabling speed in customer service. About IRIL B= Bench Markal I= Innovation R= Reliable L= Learning A= Adapt Table

Make by Gaurang joshi

You might also like