...Vu, V. (2013) Promoting the Implementation of Corporate Social Responsibility (CSR) Standards to Ensure Sustainable Development of Textile Enterprises in Vietnam http://www.ietecconference.com/ietec13/conferenceproceedings2013/papers/Wendesday/WP3/WP3.5_submission_117.pdf Implementing corporate social responsibility (CSR) is one of the requirements that enterprises need to observe to ensure green growth towards sustainable development. Corporate social responsibility (CSR) has been conventionally defined as a voluntary humane activity in solving social and charitable problems. Recently, however, there is a new school that advocates strong intervention by the state and society, including the need for legislation to strengthen the CSR of enterprises, instead of leaving it to their individual discretion. “Sustainable development (SD) is the development of using available natural resources and environmental conditions not only to meet the needs of human beings but also to ensure the necessary environmental and resource conditions for future generations so that they can live better" [WCED, 1987]. The sustainable development of a society is judged by certain criteria in all three aspects: the economy, society and environment and natural resources. These criteria are different in countries which have different levels of development. In general, however, in order to obtain sustainable development, they must balance all three objectives: the economy, society and...
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...New textile policy brings in Rs 3,800 cr investment The Hindu Business Line: October 22, 2012 Mumbai: The textile sector is on the upswing in Maharashtra due to the new textile policy. Since April, the State has managed to attract Rs 3,834 crore in investments in 411 new textile projects, said State Textile Minister Arif Naseem Khan on Monday. Addressing the media after reviewing the process of policy implementation, Khan said that the new projects would provide about 30,000 jobs in the State. Most of the investment has happened in cotton spinning and ginning units. Textile companies are keen to set up units in Vidarbha, Marathwada and the Khandesh due to the ready supply of cotton, he said. “Due to the policy, the sector is likely to get Rs 40,000 crore investment in the next five years and generate employment for 11 lakh people,” Khan said. Khan said that the policy was not a single-window policy but a ‘zero-window policy,’ in which projects would not come to the Government for clearance, The due diligence is done by banks. If a company manages to get its loan sanctioned under the Technology Upgradation Fund Scheme from banks, then it is eligible for subsidy, he said. The Union Government initiated the Scheme in 1999, and it has attracted over Rs 4 lakh crore investments in the sector, as of date. Textile Secretary Sunil Porwal said that all the 411 projects have achieved financial closure. For the Rs 3,834 crore investments, about Rs 400 crore will be the subsidy...
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...sector is a multi-billion-dollar manufacturing and export industry in the country. The overall impact of the readymade garment exports is certainly one of the most significant social and economic developments in contemporary Bangladesh. With over one and a half million women workers employed in semi-skilled and skilled jobs producing clothing for exports, the development of the apparel export industry has had far-reaching implications for the society and economy of Bangladesh. Literature Review: Several authors have analyzed aspects of the garment industry in Bangladesh. Of the various aspects of the industry, the problems and the working conditions of female workers have received the greatest attention. There are several studies including the Bangladesh Institute of Development Studies (BIDS) study by Salma Chowdhury and Protima Mazumdar (1991) and the Bangladesh Unnayan Parisad (1990) study on this topic. Both of these studies use accepted survey and research methodology to analyze a wealth of data on the social and economic background, problems and prospects of female workers in the RMG sector. Professor Muzaffar Ahmad looks at the industrial organization of the sector and discusses robustness and long-term viability of apparel manufacturing in Bangladesh. Wiigton (2000) provides a good overview of this industry, especially the developments in the early years. One of the few studies on the Bangladesh apparel industry to be published in a reputed journal in the U.S. is that...
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...Current State of Textile Industries in Bangladesh Introduction: The textile and clothing sector is the largest manufacturing activity in Bangladesh. It provides direct employment to about than 5 million people, which accounts for 45 per cent of all industrial employment in the country. The sector contributes 10 per cent of the country’s GDP, 40 per cent of industrial value addition, and 78 per cent of export earnings. Major readymade garments exported by Bangladesh are knitted and woven shirts and blouses, trousers, skirts, shorts, jackets, sweaters and sportswear, and other fashion apparel. In the Table below provides a profile of Bangladesh’s textile and clothing sector. The sector can broadly be divided into primary textile sector (PTS) and export-oriented readymade garment (RMG) making sector. The PTS comprises spinning, weaving, and specialized textile units, traditional handloom sector and knitting and dyeing subsectors. Currently, there are now 350 spinning mills, 400 weaving firms, 310 dyeing and finishing units, and 4,500 garment factories. |Sub-sector |Number of units |Installed machine capacity |Production capacity |Employment | | | | | | | |Textile spinning |350 7.5 million |spindles |1...
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...INTRODUCTION Indian textile industry can be compared to a pyramid of ice floating in water1."Only a tenth of the pyramid is visible, in the form of large textile mills in the organized sector. The body of the textile pyramid consists of the decentralized power loom and handloom sectors, which account for the bulk of India's production. The base of the pyramid is the downstream apparel and household textile sectors. The entire pyramid employs about fifteen million (as in 1998, it was estimated 20 million) workers- most of whom work in small firms in the decentralized sector". Indeed, the structure of the Indian textile industry is as varied and deep-rooted as is its reform challenging and daunting. OVERVIEW OF CURRENT STRUCTURE Being an item of mass consumption meant to satisfy basic human need, and due chiefly to the state controls emanating from the highly interventionist industrial policy regime at the time of independence, textile industry has been probably the most regulated industry in India. The essence of govt. intervention during independent India has been freezing of capacities of the organized sector, and scuttling of economic incentives for modernization. It is no coincidence, therefore, that the share of the organized (composite) textile mills in total fabric production Has [crest] fallen from almost 80% in 1950-51 to 36% in 1980-81 and to a petty5.4% in 1997-98 and this includes the production from the NTC mills as well as from non-SSI Weaving Units. The...
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...Pharmaceutical sector in Bangladesh In Bangladesh Pharmaceutical sector is one of the most developed hi tech sector which is contributing in the country’s economy. After the promulgation of Drug Control Ordinance – 1982, the development of this sector was accelerated. This sector is also providing 95% of the total medicine requirement of the local market. In 2000, there were 210 licensed allopathic drug-manufacturing units in the country, out of which only 173 were on active production; others were either closed down on their own or suspended by the licensing authority for drugs due to non compliance to GMP or drug laws. They manufactured about 5,600 brands of medicines in different dosage forms. There were, however, 1,495 wholesale drug license holders and about 37,700 retail drug license holders in Bangladesh. Anti-infective is the largest therapeutic class of locally produced medicinal products, distantly followed by antacids and anti-ulcerates. Top pharmaceutical company 1. Square Pharmaceuticals Ltd. 2. Incepta Pharmaceuticals Ltd. 3. Beximco Pharma ltd. 4. Bio-pharma Ltd. 5. Opsonin Pharma Ltd. 6. Eskayef 7. Renata Pharmaceuticals 8. Acme Pharmaceuticals 9. Aci Pharmaceuticals 10. Aristopharma 11. Drug International 12. Sanofi Aventis 13. Glaxosmithkline 14. Orion pharma bangladesh 15. Novo Nordisk 16. Healthcare Pharmacy 17. Ibn Sina 18. Sandoz 19. Popular Pharmaceutical Ltd. 20. Novartis ...
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...| Hussain Industries: Hussain industries is known to be one of the largest textile manufacturers in Pakistan. It is located in the hub of textile industries in Pakistan, the city of Multan, which is also famously known as the largest cotton growing city. This company is a partnership and is currently equally being shared between two parties. Hussain industries has been manufacturing articles with intense colour tones which include the following: Articles with intense color tones, including dyed yarns, printed kitchen towels, napkins, tea towels, table cloths, terry towels, surgical towels, industrial towels (with and without logo, tile motifs, check variants, micro checks, graduated checks and linear embroidery), herringbone, mono checks, dishcloths, shower curtains, hospital bed sheets, thermal blankets, bedspreads, draw sheets, upholstery, handkerchiefs, aprons, place mats, pot holders, gloves, and beach throws. These are manufactured using dobby looms, jacquard looms, and shuttle looms, which allow for state of the art floral motifs, subtle shadows, and colour gradients. KARACHI: The textile sector enjoys a pivotal position in the exports of Pakistan. The contribution of this industry to total gross domestic product (GDP) is 8.5%. It provides employment to about 15 million people, 30% of the country’s workforce of about 49 million. The annual volume of total world textile trade is $18 trillion which is growing at 2.5%. But Pakistan’s share is less than one per cent...
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...S T R A T E G Y – II S T R A T E G Y – II S T R A T E G Y – II S T R A T E G Y – II S T R A T E G Y – II www.ibscdc.org 1 Transformation Corporate Transformation Korean Air: Chairman/CEO Yang-Ho Cho’s Radical Transformation A series of fatal accidents, coupled with operational inefficiencies snowballed Korean Air into troubled times. Then, at the beginning of the 21st century, its CEO/ Chairman, Yang-Ho Cho undertook various transformation initiatives - for instance, improving service quality and safety standards, technology integration, upgrading pilot training, better business focus; putting in place a professional management team, improving corporate image through sponsorship marketing, etc. He gave a new corporate direction in the form of '10,10,10' goal. However, Korean Air is held up by a slew of challenges. Among which are inefficiencies of - Chaebol system of management, possible clash of its cargo business with its own shipping company, limited focus on the domestic market and growing competition from LCCs. How would Korean Air manage growth as a family-owned conglomerate? The case offers enriching scope for analysing a family business’s turnaround strategies, with all the legacy costs involved. Pedagogical Objectives • To discuss the (operational) dynamics of Korean Chaebols - their influence/ effects on the country’s industrial sector and the economy as a whole • To analyse how family-owned businesses manage the transition phase - from a supplier-driven...
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...export house into the premier business group of Pakistan with 5 listed companies, concentrating on 4 core businesses; Textiles, Cement, Banking and Power Generation. Today, Nishat is considered to be at par with multinationals operating locally in terms of its quality products and management skills. I recently have done my internship in Nishat Mills Limited, in which I got training from each of its department. The internship basically revolved around the product knowledge training. The system, the style of working & the commitment of the employees in NML is really exemplary. The difference between the success & failure is doing things right and doing things nearly right, & NML has always tried for success & that is why it is known to be one of the leading organizations in Pakistan. Irrespective of all these positive points of Nishat Mills Limited, I have noticed a few areas where the improvement can really increase the efficiency of NML. In this report I have given a very brief review of what I have seen during our internship I have mentioned all these as I have made an internship as according to the schedule. I also mentioned about the Textile industry in Pakistan and vision of its industry. Then I have done a detailed SWOT analysis as well as PEST Analysis. Then I have discussed about my learning in the whole internship that is all about the Textile Terminologies and process of the productions. I have made it possible to write each and every thing that I have learnt...
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...Liaison Office, India Indian Textile Industry Scenario June 2013 1. Market Information: Application Industry 1.1 India’s textile exports may grow 15% in 2013-14 1.2 SEL posts 70.5% jump in FY’13 turnover 1.3 India’s Cotton Exports to exceed estimates: USDA 1.4 Extended interest subvention to aid textile exports: FIEO 2. Market Information: Manufacturing Industry 2.1 India’s TUFS disbursement for 2012-13 at Euro 330 million 3 4 5 6 7 8 9 Government Information: 3.1 Development of textile industry in North Eastern States Indian Manufacturers & Dealers General Economic Information Exhibitions & Seminars Special Rates at Hotels in India Activities and Services of VDMA Liaison Office – India About the Author/Editor 2 2 3 3 4 4 5 5 6 7 7 8 Please Note: 1 crore: 10 000 000 1 lakh: 100 000 1 Euro: Rs 65 Created by VDMA India Textile Machinery Division Indian Textile Industry Scenario, June 2013 VDMA Liaison Office 1. Market Information: Application Industry 1.1 India’s textile exports may grow 15% in 2013-14 India’s textile exports for the current fiscal year 2013-14 are likely to grow by 15 percent over last year, Minister of State for Textiles Panabaaka Lakshmi has said. During the first eleven months of last fiscal year, India exported textiles worth Euro 17.57 billion, registering a dip of 4.1 percent, owing to slow demand from Western markets. The Minister expressed hope that the performance of the country’s textile sector would improve this fiscal, as demand...
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...WORKING OF THE TEXTILE MANUFACTURING UNIT” BY KUNJAN SHAH SHATAKSHI GOYAL HARSH SHAH UNDER THE GUIDANCE OF SMIT SHAH DIRECTOR SUPERNOVA POLYFABS PVT LTD UNIT OF ETCO SPINNERS PVT LTD MUMBAI ACKNOWLEDGEMENT We would like to express my profound gratitude to all those who have been instrumental in the preparation of this project report. We wish to place on records, our deep gratitude to our project guide Dr. Rajesh Jain, a highly esteemed and distinguished guide, for help and advice. INDIAN TEXTILE INDUSTRY The Textile industry in India traditionally, after agriculture, the only industry that has generated huge employment for both skilled and unskilled labor in textiles. The textile industry continues to be the second largest employment generating sector in India. It offers direct employment to over 35 million in the country. India is the second producer but India will lead in all. According to the Ministry of Textiles, the sector contributes about 14% to industrial production, 4% to the country's gross domestic product (GDP) and 17% to the country's export earnings. The share of textiles in total exports...
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...Section B: Welspun India Industry Analysis – Textile Industry on Global Scale The global apparel and fashion trade is expected to grow to USD1 trillion by 2020. However with growth slowing down in developed markets, the dynamics of the global fashion market are expected to change dramatically. Emerging economies will fuel most of the growth in the fashion market. Brazil, Russian, India & China (BRIC) along with few other South-East Asian countries are seen as the major growth drivers. In addition to this, global apparel markets in the recent past have shown a paradigm shift, moving towards increased product differentiation, and catering to a diverse, aware, and demanding customer base. Retailers have thus gravitated toward demographic shifts, societal influences, economic influence, and environmental concerns. With growth in developed economics cooling, retailers are facing pressure due to restricted consumer spending. Under such conditions the global apparel value chain has shown a distinct shift both at the front- and supply-end. Recent Global Trends in Textile Sector * Increase in textiles and clothing global trade from US$ 355 billion in 2000 to US$ 602 billion in 2010 * Expected to reach US$ 1 trillion by 2020, CAGR of 5% pa. * China, India, Pakistan, Bangladesh, Thailand, Indonesia are leading suppliers and further expanding their capacities. * Established markets (North America, Western Europe) continue to show traction * Emerging markets...
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...in the US, sold in the US, and then recycled or sold again as second hand clothing in Africa. The t-shirt enters its first free market in third world countries as mitumba, or used clothing donated by people in wealthy countries. It was an interesting journey and Rivoli’s style makes the story entertaining. Through her discussion of the t-shirts life, I grew disgusted with the rampant protectionism surrounding the US textile industry. Rivoli describes how cotton is subsidized and tariffs are levied against imported raw cotton and imported textiles. In addition, there are quotas for textile imports. Although Rivoli maintains a balanced perspective on protectionism and globalization throughout her book, it’s evident that these protections benefit only the US cotton and textile industry, to the detriment of many other parties. Protectionism saves US jobs, advocates say. It also saves profits for inefficient US industry. Without these protections, some US workers would inevitably loose their jobs. Many foreign countries can produce cotton and weave textiles for a much lower rate than the US can....
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...11/25/2003 12:04 PM Page 10 Name CHAPTER 25 Section 2 Date PRIMARY SOURCE Testimony on Child Labor in Britain During the 1800s there were few laws in Britain regulating the employment of children. Elizabeth Bentley testified before a parliamentary committee investigating conditions among child laborers in Britain’s textile industry. As you read this portion of her testimony, think about the hardships she describes. COMMITTEE: What age are you? BENTLEY: Twenty-three. C: Where do you live? B: At Leeds. C: What time did you begin work at the factory? B: When I was six years old. C: At whose factory did you work? B: Mr Burk’s. C: What kind of mill is it? B: Flax mill. C: What was your business in that mill? B: I was a little doffer. C: What were your hours of labour in that mill? B: From 5 in the morning till 9 at night, when they were thronged. C: For how long a time together have you worked that excessive length of time? B: For about a year. C: What were the usual hours of labour when you were not so thronged? B: From six in the morning till 7 at night. C: What time was allowed for meals? B: Forty minutes at noon. C: Had you any time to get your breakfast or drinking? B: No, we had to get it as we could. C: Do you consider doffing a laborious employment? B: Yes. C: Explain what you had to do. B: When the frames are full, they have to stop the frames, and take the flyers off, and take the full bobbins off, and carry them...
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...Introduction 1.1 Indian Textile Industry India is a traditional textile-producing country with textiles in general, and cotton in particular, being major industries for the country. India is among the world’s top producers of yarns and fabrics, and the export quality of its products is ever increasing. Textile Industry is one of the largest and oldest industries in India. Textile Industry in India is a self-reliant and independent industry and has great diversification and versatility. The textile industry can be broadly classified into two categories, the organized mill sector and the unorganized decentralized sector. The organized sector of the textile industry represents the mills. It could be a spinning mill or a composite mill. Composite mill is one where the spinning, weaving and processing facilities are carried out under one roof. The decentralized sector is engaged mainly in the weaving activity, which makes it heavily dependent on the organized sector for their yarn requirements. This decentralized sector is comprised of the three major segments viz., powerloom, handloom and hosiery. In addition to the above, there are readymade garments, khadi as well as carpet manufacturing units in the decentralized sector. The Indian Textile Industry has an overwhelming presence in the economic life of the country. It is the second largest textile industry in the world after China. Apart from providing one of the basic necessities of life i.e. cloth, the textile industry contributes about...
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