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    Chap 3

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    venkat
    I.C.M Limited was established in 2000 in India and has since expanded its cotton spinning capacity to 60,000 spindles. It produces high quality ring spun, open, and doubling cotton yarns. The company aims to provide jobs and support local farmers and suppliers. It has a large customer base across several Indian states and also exports products to earn foreign currency. The joint managing director has experience in the textile industry and oversees the production of quality yarns and plans to expand into weaving. The company has stringent quality control processes and modern ginning facilities to produce contamination-free cotton fibers.

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    Chap 3

    Uploaded by

    venkat
    108 views6 pages
    I.C.M Limited was established in 2000 in India and has since expanded its cotton spinning capacity to 60,000 spindles. It produces high quality ring spun, open, and doubling cotton yarns. The company aims to provide jobs and support local farmers and suppliers. It has a large customer base across several Indian states and also exports products to earn foreign currency. The joint managing director has experience in the textile industry and oversees the production of quality yarns and plans to expand into weaving. The company has stringent quality control processes and modern ginning facilities to produce contamination-free cotton fibers.

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    I.C.M Limited was established in 2000 in India and has since expanded its cotton spinning capacity to 60,000 spindles. It produces high quality ring spun, open, and doubling cotton yarns. The company aims to provide jobs and support local farmers and suppliers. It has a large customer base across several Indian states and also exports products to earn foreign currency. The joint managing director has experience in the textile industry and oversees the production of quality yarns and plans to expand into weaving. The company has stringent quality control processes and modern ginning facilities to produce contamination-free cotton fibers.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    108 views6 pages

    Chap 3

    Uploaded by

    venkat
    I.C.M Limited was established in 2000 in India and has since expanded its cotton spinning capacity to 60,000 spindles. It produces high quality ring spun, open, and doubling cotton yarns. The company aims to provide jobs and support local farmers and suppliers. It has a large customer base across several Indian states and also exports products to earn foreign currency. The joint managing director has experience in the textile industry and oversees the production of quality yarns and plans to expand into weaving. The company has stringent quality control processes and modern ginning facilities to produce contamination-free cotton fibers.

    Copyright:

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    Download as doc, pdf, or txt
    of 6

    I.C.

    M LIMITED CAPITAL BUDGETING

    COMPANY PROFILE
    ABOUT ICM LTD:
    Idupulapadu Cotton mills was established in 2000 with 13,000
    spindles with the expansion of 10,000 spindles every year, it is now
    equipped with 60,000 spindles capacity and have the capacity to produce
    20 tons of ring spun, 6 tons of open and 4 tons of ring doubling and tfo
    yarns 100% cotton yarns per day.

    The mill has a complete range of Lakshmi Trumac Machinery from blow
    room to spinning departments with Muratec and savio auto corners.

    All the blow lines are connected to the cards with the chute system,
    which inturn is connected with automatic waste collection system.

    The company has a strong clientele based at different regions of Andhra


    Pradesh, Gujarat, Karnataka, Maharastra, Rajastan and Tamil Nadu.

    MISSION
    • To manufacture a high quality yarn thereby withstanding high level
    of competitiveness.
    • Developing a long term relationships with our customers and
    suppliers.
    • To use latest technological strategies during production thereby
    forming an innovative approach.
    • To provide a safe, fulfilling and rewarding work environment for
    our employees.
    • Serving and supporting the communities in which we operate.

    V.S.M COLLEGE 26 ANDHRA UNIVERSITY


    I.C.M LIMITED CAPITAL BUDGETING

    Policy:
    Quality is integral to everything at Idupulapadu. We adopt a holistic
    quality assurance, system and in integrated system which covers the
    entire production process. All lots are tested before giving to the mixing
    with high send machinery.
    We believe quality is a continual process. With a focus clearly on
    delivering quality products and services, we integrate to constantly
    innovate and excel. As a result our clients are assured of top notch quality
    that is consistent across our product ragne.

    Value:
    By a clear comprehension of the market dynamics and the
    assimilation of the cutting edge technology we assure the highest
    standards are met at all times.
    The company initially started with Agricultural procedure basis. The
    company will procure cotton kappas from farmers as well as traders from
    various market places in and around AP. Indirectly it is helpful to farmers
    and small traders.
    Now the company is doing cotton spinning with a spindle capacity of
    65,000 here at about 2000 No. of workers and 250 No’s of staff engaged
    in the industry. The main motive of the company is to provide more jobs
    for the poor and middle class people.
    The company is supplying its products in various states like Tamilnadu,
    Karnataka, Maharashtra, Gujarat, Bombay & Rajasthan.
    There are product of yarn is useful for weaving industry. The company is
    providing indirectly jobs in the textile industry.

    V.S.M COLLEGE 27 ANDHRA UNIVERSITY


    I.C.M LIMITED CAPITAL BUDGETING

    FOREIGN CURRENCY:
    The company is also doing some exports directly and indirectly
    by doing exports. The company is earning foreign currency.

    The main motive is to provide jobs and giving support price to farmers
    and earn foreign currency.
    The company has successfully completed erection of 65000 spindles and
    it is going to textile industry by putting weaving unit by using the
    spinning product of yarn. If the company established weaving unit there
    is a possibility of more jobs in the industry like weaving, dying, garments
    etc.

    BUSINESS EXPERIENCE OF J.M.D:


    The joint managing director of the company is Mr.K.
    Brahmanaidu S/o. K. Subba Rao managing director & Chairman. He is
    qualified in B.Tech (Textile) 1st Class. He joined in the company in may
    2005 as a Director. Later he was appointed as Joint Managing Director.
    He was well trained in Spinning now he is looking weaving. Now he is in
    Coimbatore he had taken some sizing & weaving units in and around
    Coimbatore. With in a 2 months period under his supervision 1,00,000
    mtrs of grey cloth produced and sold with a good quality and rate.

    MAJOR CUSTOMERS OF THE COMPANY:


    1) Paramount Textiles Mills Pvt. Ltd - Madurai
    2) Siva Sankari Mills - Coimbatore
    3) PEC Ltd - Delhi
    4) Indus Fila Pvt. Ltd - Bangalore
    5) Alok Industries - Silvassa
    6) R.M. Mohite Textilies - Kolhapur

    V.S.M COLLEGE 28 ANDHRA UNIVERSITY


    I.C.M LIMITED CAPITAL BUDGETING

    7) Sachin Textiles - Lehalkaranji


    8) Kayaar Exports - Tiruchengode.
    9) GTN industries - Hyderabad
    10) GTN Enterprises - Kochin
    11) Prathibha Syntex - Ahmedabad
    12) Mandhana Weaving House - Tarapur
    13) Bombay Royan Fashions - Sangli

    Cotton Manufactured:
    Product Range
    Our major counts range from 40s to 60s 100% combed cotton
    yarns. We manufacture carded counts from 30’s to 40’s cotton yarns.
    Adding to these counts we have the setup of doubling of yarns in TFO
    and RING DOUBLING Conditioning of yarns can be done with yarn
    conditioning machine available in packing department.

    Production Capacity
    • Ring spun yarns 20 tons
    • Open and spinning 6 tons
    • TFO 2 tons
    • Ring Doubling 2 tons

    Contamination Removal
    • 25% of the production is from in house processed material
    which is free from contamination.
    • The total bales are opened manually and maximum care is
    taken to remove the contamination.

    V.S.M COLLEGE 29 ANDHRA UNIVERSITY


    I.C.M LIMITED CAPITAL BUDGETING

    • People are educated with the type of contamination effects in


    further process. Their effectiveness is monitored
    meticulously by measuring the contamination level in the
    final yarn. The contamination controllers in the blow room
    help us to alarm the contamination level in the material.
    • Adequate care is taken for material in handling in order to
    avoid contamination during the process.
    • All the auto corners are equipped with siro cleaners to
    remove the residual contamination in the yarn.
    Ginning Division:
    Selection of raw materials is the important criterion in order to
    produce high quality yarn. Moreover the cotton is selected personally by
    the managing director or the director of the ginning mill.

    Idupulapadu Cotton mills have been equipped with modern ginning


    facilities. The important features are:
    • The ginning factory is equipped with automatic machinery.
    • The cotton pre-cleaner eliminates the cotton bolls and unopened
    cotton in the feed material.
    • The seeds are collected through the seed conveyer and are dumped
    in separate area.
    • The cotton lint is connected to chute system which connects to the
    trash separator and the lint cleaner.
    • The lint cleaner eliminates the unginned cotton, if any, and reduces
    the short fiber content in the ginned cotton fibre.
    • The entire chute system is designed in such a way that there
    shouldn’t be any harsh effect on the cotton fibers.

    V.S.M COLLEGE 30 ANDHRA UNIVERSITY


    I.C.M LIMITED CAPITAL BUDGETING

    • The lint is sent to be baleing to preserve the cotton properties for


    later use.
    • Zero handling (human interference) of cotton in the ginning
    process after the feed.

    V.S.M COLLEGE 31 ANDHRA UNIVERSITY

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