CHAPTER I INTRODUCTION INTRODUCTION TO THE STUDY Modern Management considers human being as resource and it is important for the success of any organization. Every organization attempts to survive and grow and it is difficult in a global economy characterized by cut throat competition, increasing cost, expanding power of labour, rapid technological changes, growing customer expectations etc. Human resources are wealth of an organization which can help in achieving its goals. The problem of employees satisfaction is regarded as a very significant factor in workers morale, absenteeism and labour turnover. The amount of co-operation that management may deceive from the employees would depend greatly on the extent of satisfaction amongst …show more content…
The industry has high levels of operational efficiencies in spinning and weaving; around 96% for spinning and 85-90% for weaving. GOVERNMENT POLICY Recognizing the immense potential of the textile industry to spur economic growth and drive exports, the Indian government have taken initiatives to encourage investment and enhance global competitiveness of the sector. In the recent Budget reforms the textile sector has been given some major concessions. Prominently, the government has removed the disparity in excise duty structures between organized and unorganized sector. Reduction of custom duty on textile machinery, polyester, viscose and garment making machinery further acted as an impetus to the industry. The excise duty polyester has also been reduced from 24% to 16%, which has brought the duty structure in line with ASEAN countries, providing filament yard processors with optional excise duty of nil or 8% excise duty with envat credit. STRENGTHS OF TEXTILE INDUSTRY • India has rich resources of raw materials of textile industry. It is one of the largest producers of the largest producers of cotton in the world and is also rich in resources of fibres like polyester, silk, viscose etc. • India is rich in highly trained manpower. The country has a huge advantage due to lower wage rates the manufacturing cost in textile automatically comes down to very
The areas with the most factories are Greater China, with 247; India, with 297 and Southeast Asia, with 382 factories. The actual number of factories utilized is 1,340. Fabrics are subjected to fabric mill selection and regional testing
Following the welfare reforms that were introduced by the New Labour Government in 1997, the coalition Government has developed, extended and continued welfare-to-work programmes (Deacon and Patrick, 2012). The Government’s ‘rehabilitation revolution’ saw policies designed to reduce reoffending, and as a consequence resettlement initiatives emerged with welfare-to-work programmes (Ministry of Justice, 2010). Since the implementation of the ‘Work Programme’ in 2011, welfare provision has seen a high influx of ex-offenders and Multi-Agency Public Protection Arrangement (MAPPA) participants referred to programmes (Gov.UK, 2016). The main provider in Wales has delivered learning and development provision to approximately 24,000 ex-offenders (Working Links, 2013). The ultimate aim of the provider is to ensure participants secure sustainable employment. Accordingly, front-line staff have undergone specialist training to deal with ‘risk’ and mentor clients with complex and multiple needs. However, there is a dearth of research focusing on this contemporary phenomena. Considering the pivotal role employment schemes play in rehabilitating offenders, it is of paramount importance to determine whether or not the Governments confidence in employability schemes is justified.
The introductory of the documentary examines the fabric mills of Bangladesh. It is very competitive in the international market place to find low cost labor; when merchandise manufactured in another country is imported these country put on a duty rate. Apparel companies contemplating low cost labor,
firms use South Asia as their manufacturing base, to make use of the cheaper labour, in
Further, Indian textile industry is rapidly growing and there is tremendous increase in wool demand both from domestic produce and imports. India is rapidly growing in terms of technology and thus the use of better machinery and skilled manpower in textile industry will increase the demand even further.
That Bangladesh today is considered an economic competitor in terms of international garment manufacturing by other countries of the region and beyond is the country since gaining independence in 1971. It appears much of the socio-economic development in the first decade of the twenty-first century for Bangladesh and its approximately 1.5 million women workers depends on the continuing success of the RMG industry.
The American textile industry has been around for as long as the country has been in existence. In the beginning, most textile and apparel items were created by artisans, who worked mainly in their homes. In the 18th century, the country was hit with the industrial revolution which brought many changes to the textile industry. The local artisans were replaced by textile industries and manufactures. With the invention of the spinning jenny, spinning frame, water frame and power loom, the textile industry was revolutionized. Later, with the use of electrical power, these inventions were made more efficient. Fabric production was mechanized with machines powered by waterwheels and steam engines. Production was shifting from the small cottage based production into a mass production in various factories. (Kunz) Sewing machines were emerging in the 19th century which further streamlined clothing production. During the post
The problem African textile manufacturers have, is that they are fighting an uphill battle against costs. As manufactures must pay for the materials, the facilities, the equipment, power and personnel, international dealers pay for the bales of clothing and all the associated shipping costs. For example, 300 bales of second hand clothing are sold for $40k in the African market (Hoskins,2013). A bale consists of 200 to 250 pieces of clothing on average (Rogali). The bales are stripped down and the clothing is
The economic environment in nowadays dynamic, it is fairly important for organisations and managers to recognise the curtail of Human Resource Management. It is clear that Human Resource Management (HRM) has become one of the most recommend management strategy in the modern business (Leopold and Harris, 2009). Human Resource Management is a technique process of managing people in the workplace to enable and enhance organization performance (Leopold and Harris, 2009). This theory involved the responsible to attracting, selecting, training and managing people which make employees become more valuable to the organisations. It invests effect in learning and development at work. Also to communicate with all employees at each level to reward successful employee relations (Wilton, 2011). Human Resource Management plays a very important role in the operation strategy and management concerns in work organisations of all kinds (Leopold and Harris, 2009). In aim to justify this statement by evaluate the benefit and importance of Human Resource Management in contemporary work organisations. This essay will focus on analysis the advantages of use Human Resource Management in business also underline by explain more detail about the different HRM strategy brings benefits and give competitive advantages impact to the organisation success. Then summarise by a general conclusion on the importance of HRM in contemporary work organisations.
In an era of increasing competitiveness, globalization, economic rationalization, deregulation, technological revolution and changing workforce there is an ever-increasing need for human resource management to be able to capitalize on the special challenges that this changing environment brings. For a company to be able to successfully keep ahead of the competition, human resource management is seen to be a significant contributor.
Sri Lanka based MAS suppliers could be expensive due to high labour, production cost etc.
Human Resources constitute as one of the most imperative components of any organization, be it small scale business or a large conglomerate. Some of the key functions of the Human
The proliferation of international trade and liberalization of the global trade regime has dawned in India with the implementation of several programs by the Government of India (termed as GOI from now onwards in the report) to help the textile and apparel industry adjust to the new trade environment. In 2000, the GOI unveiled its National Textile Policy (NTP) 2000, aimed at enhancing the competitiveness of the textile and apparel industry and expanding India’s share of world textile and apparel exports to 10 per cent by 2010 from the current 3 per cent level. Some of these measures taken by the GOI were substantial to facilitate the Brand Accessory
The cost is kept low with labor and the production. This helps competing in the export trading world. “I am telling, in textile nobody can beat Bangladesh in price and quality”
RMG contributes 76% of total exports in Bangladesh. Major products of apparels include knit and woven shirts, trousers, skirts, shorts, jackets, sweaters, sports wears and many more casual and fashion items. The RMG industry of Bangladesh has expanded dramatically over the last three decades. Traditionally, the jute industry dominated the industrial sector of the country until the 1970s. Since the early 1980s, the RMG industry has emerged as an important player in the economy of the country and has gradually replaced the jute industry. The “export-quota system”1 in trading garment products played a significant role in the success of the industry. However, that quota system came to an end in 2004. Therefore, the competitiveness issue needs to be addressed, with special attention given to the long-term sustainability of the industry.