MAG ENGINEERING PRIVATE LIMITED 1. COMPANY PROFILE 1.

1 Introduction
MAG is one of the leading Manufacturers and Suppliers of textile testing equipments and all kinds of Textile Spares and Accessories of any model and of any make with best quality and at a competitive cost, operating in the name of MAG Engineering Private Limited, located in Coimbatore, INDIA, since 1991. They provide complete range of testing instruments for Ginning, Spinning, Weaving, Knitting, Dyeing, Finishing & Apparel sector. Its range of immaculately designed Textile

Testing Equipments has resurrected the textile sector. Their company has established a brand image in the field of testing equipment manufacturing. They have a world wide network and the channel formed through skilled professionals with extensive knowledge. MAG, now has grown into a full fledged organization with its own and very sophisticated facilities with the best techno-commercial force. MAG in the present setting has revolutionized textile industry through its efficient and compatible solution for textile. The audacious strategies that MAG has incorporated over the years have helped it in gaining burgeoning influence over the domestic and international clients. It has more than 65 products covering all sectors of the textile industry. They believe in providing the best products designed with latest technological inputs. Their global trading practice enables us to reach every corner of the world. They provide best quality testing equipments and services to our customers. They ensure maximum customer satisfaction at economic prices. The testing machineries and equipments are as per the existing national and international standards. The ISO 9001: 2000 accreditation that MAG has acquired shows its ability to offer efficient and appropriate textile testing units. These products are a gem when there is a need to perpetuate quality standards of textiles.

Name of CEO Year of Establishment Primary Business Type Product

Mr. R. Manikandamurthy 1991 Manufacturer & Exporters of Testing Equipment Laboratory Testing Equipment, Fabric Testing Equipment, Fiber Testing Equipments, Yarn Testing Equipment.

Location

S. F. # 149/5, Sidco Estate, Malumachampatti, Coimbatore 641 032, Tamil Nadu, India

Moto of the Company

Quality Product, Innovative Solution, Extensive Service & Customer Satisfaction.

Vision of the Company

MAG pursues Endow with Quality products, Innovative Solutions and Extensive service to the entire textile society.

Mission of the Company

Every report on quality issue in textile industry should be crafted with our expertise.

Memberships
Indian Textiles Accessories and Machineries manufacturer Association (ITAMMA), Engineering Export Promotional Council (EEPC) Confederation of Indian Textile Industries (CITI) India Chamber of commerce and Industry Corporation (ICCIC)

Tie Ups
South Indian Textile and Research Association (SITRA) technical tie up for Trash Analyzing instrument. MOU with department of Textiles, Bannari Amman institute of Technology for DST (Department of Science and Technology, Government of India funded science projects)

1.2 Origin of Organization

MAG was bloomed on 1991, started with the Zeus of MAG (Mr. R. Manikanda Murthy (M), Mr. P.Anbazhagan (A), and Mr. M.Gangadharan (G)).At first, it started in Kurichi as a small scale industry. Then, the plantlet shifted into SIDCO, Industrial Estate of Malumachampatti for the further beneficial acts and it manufactured Basic Equipments. Simultaneously, they moved towards the Electronics and they molted their modifications as Basic Fabric and advance electronic equipments such as LENGTH &HVT, in Kurichi. MAG Engineering (P) Ltd, part of MAG group is an ISO 9001 certified company engaged in manufacturing textile testing laboratory equipments was established in 1991. MAG has revolutionized the world of textile by its ability of providing complete solutions for instrumental analysis. It has more than 65 products covering all sectors of the textile industry. Backed by latest technology and state-of-art manufacturing facilities, MAG Engineering Private Limited Company is known for producing quality testing equipment conforming to international market standards. Their testing equipments are known for their superior performance, accuracy and reliability and have found various uses in textile industrial applications. They offer products for fabric testing, yarn testing etc. They are a customer-oriented company and work in close coordination with their clients to provide efficient solutions to their testing needs for textile industries. They are capable to manufacture products as per the requirements of their clients and their flexible production capacity, enable them in meeting the bulk and immediate requirements of their clients in time.

Their company has established a brand image in the field of testing equipment manufacturing. The conglomeration of skilled professionals and latest technological application made them to stand at such a height. The stringent quality control norms and our research & development activities enabled us to produce best testing equipments in the world. MAGroot Official newsletter of MAG group is published to knowledge the textile society with present situation of textile industry, strategies for effective management of textile companies, experts intelligence on related subjects and information on new textile testing solutions. MAG Butterfly MAG butterfly now spreads its wings with flying colors to cover the entire spectrum of testing instruments comparable with any international standards, right from Fiber to Garments. It located on the southern part of Manchester of South India-Coimbatore with the workspace of 1800 sq .meters for commercial activities and 6000 meter for production activities. MAGnet Marketing and Sales wing of MAG group, due to its network building ability and unique strategy formulation led MAGnet to cater more than 2000 customers domestically and internationally. It has international clients from Bangladesh, Indonesia, Nepal, Pakistan, Peru, Thailand, Turkey, America, South East Asia, etc. These extensive reaches have been achieved through its intermediary channel members, international quality standards in products and service.

1.3 Infrastructure
The pre-planned, well defined infrastructure strengthens their moto. The infrastructure asunder into:

PICOT OF MAG -Human Resource Management

MEN ON MISSION Marketing Department

MANUSCRIPT OF MAG Finance & Administration

ICONS OF MAG -R&D Department

RYOTS OF MAG Production Department

2. PRODUCT PROFILE 2.1 Products

Fiber Testing Equipment Their Fiber Testing Equipments are used for trash analyzing, length measurement, fineness measurement and friction measurement. The fiber testing equipments made by their company are best known for their long run services. They supply different types of fiber testing equipments at very competitive prices.

* Fibro Mic * Smart Mic * Fibro Block * Smart Block * Fibro Len, smart Len. * Mass Measurement Equipment * Moisture Tester * Nep Measurement Instrument * Fibro Stelo * Mag Sitra Tenso * Trash Analyzer.

Yarn Testing Equipment Their Yarn Testing Equipments are featured with latest technology and multiple applications. The yarn testing equipments manufactured by them are used for CSP analysis, twist measurement, abrasion resistance and appearance evaluation. We offer yarn testing equipments at very reasonable prices

Yarn Tension Meter, Abrasion Resistance Tester, Appearance Evaluation Instrument-01, Appearance Evaluation Instrument-02, Automatic Lea Strength Tester, Electronic Lea Strength Tester, Mechanical Lea Strength Tester, Lea Preparation instrument, Lea Preparation Instrument.

Fabric Testing Equipment They different ranges of Fabric Testing Equipments specially design to enhance quality fabric production. Their fabric testing equipments are used for thickness measurement, stiffness and shrinkage measurement. Their fabric testing equipments are best known for their cost effective prices and higher productivity. Fiber Testing Equipments Hvt Expert (Advanced High Volume Fiber Tester)

Application: Measuring the important fiber properties like length, strength, micronaire, color etc. to assist the buyer in selecting the right cotton for the end product. Compact and ergonomic model embedded with micro computer controlled technology for rapid measurement. Instrument can be calibrated and tested in either icc mode or hvi mode. Facility for system & module testing and meticulous provision to set any span length in length measurement. Built-in multistage monitoring system for trouble free long run usage. Self diagnostic system for checking individual operation and password protections for security. Simultaneous operation of length, strength, brushing for length test, mic, maturity & colour at a time. Sample size: 8. 5 to 10. 5 gram for micronaire and one handful for length, strength & color (numerical results).

Cotton Fiber Sorter

Accurate determination of fiber length characteristics such as effective length and short fiber percentage.

To produce staple diagram up to 50mm (2") length fibers. Easy derivation to get 2.5 and 50% span length.

Fiber Bundle Strength Tester

Precise and simultaneous determination of strength and elongation of fiber bundle. Strength is measured from 2.0 to 7.0 kilograms and elongation range is up to 50%. Constant rate of loading (CRL) principle, ranging between 1 kg /s ec and 7 kg / sec. Proven concept, elegant design and assorted accessories make the test easier and quicker.

Fiber Fineness Tester

Exact measurement of fiber fineness in terms of micronaire value. Measuring range: 2. 2 to 8. 0 micronaire from 3. 24 / 5 grams of sample. Proven airflow principle, measured by roto meter. Micro-filtered airflow and inbuilt calibration system ensures accuracy in results.

Yarn Testing Equipments Automatic Wrap Reel

Precise sampling for accurate count measurement of yarn. 10 / 20 samples in a single wound cycle. 54 inch/1 meter girth sturdy reel assembly for evaluating all count systems like nec, nm, tex, denier, etc. . . .

Spreader loop realing method with collapsible swift for easy lea removal. Single pre-tension device ensures accurate length of sample. Motorized reel with pre-selection of 30/60/120 yards or 45/90 meters length of skein. solid-state control circuitry ensures extended life cycle of drive motor and electromagnetic braking system.

Automatic Yarn Appearance Board Winder

Precise preparation for accurate assessment of imperfection to grade the yarn against photographic comparison standards.

Choices of wide range of rectangular and tapered winding black boards. Operating under stepped pulley mechanism with traversing motion ensures uniform winding in different pitch as per standards.

Supplied in two models each for accommodating rectangular and tapered black boards. Automatic wrapping in both left & right directions depending upon the selection of presettable stopper eliminates manual disturbances.

Constant rate of winding speed ensures uniform wrapping.

Button Snap Pull Tester

To measure the pull strength of button / snap fixation in the garment. Durable design, supplied with separate jaws for button and snaps.

Yarn Appearance Board Winder

Precise preparation for accurate assessment of imperfection to grade the yarn against photographic comparison standards.

Choices of wide range of rectangular and tapered winding black boards. Operating under stepped pulley mechanism with traversing motion ensures uniform winding in different pitch as per standards.

Supplied in two models each for accommodating rectangular and tapered black boards. Manual operation, economical model with adequate wrapping accuracy.

Computerized Yarn Abrasion Resistance Tester

To determine the abrasion resistance of yarns in weaving, knitting and sewing. Best inter comparison between different yarn counts using Relative Resistance Index (RRI) value.

20 yarn test position with standardized weights and automatic stop motion. Computer controlled instrument. User-friendly software records number of abrading cycle achieved for each specimen.

Windows based software facilitates statistical and graphical reports

Computerized Yarn Twist Tester

Accurate twist measurement of single, plied yarn specimens. Direct tpi / tpm / tt results in digital display for selected gauge length, avoids manual calculations.

Operating principle: direct counting and single & multiple untwist-retwist methods. Unique tension mechanism suitable to test all kind of yarns. Microcomputer based operation. Adjustable gauge length up to 20"/50 cm. Computer interfaced operation permit user selectable parameter setting and database connectivity, which increases operator flexibility. .

Crimp Tester

To determine actual yarn usage and bulkiness in fabrics. Available in 0. 5, 1. 0 and 1. 5 meter test range.

Moisture Meter

To determine the moisture content percentage in fiber, yarn and fabrics. Measuring range is up to 13% for cotton, 20% for viscose and 1.4% for polyester. Can also be supplied as per the user specification.

High frequency resistance principle enables strict moisture measurement. Battery power, inbuilt calibration, specific probes and light weight makes it portable.

Multi Count Balance

Determines yarn count, hank and gsm. Proven precise aerial density measurement principle. Yarn count numbering system can be selected as tex, den, tj, nec, nek, nes, nm, nef and nss in addition to 3 user defined units. Measurement of gsm for fabric, paper and board.

Computer connectivity enables statistical and graphical reports.

Hand Driven Twist Tester

Accurate twist measurement of single, plied yarn specimens. Direct tpi / tpm / tt results in digital display for selected gauge length, avoids manual calculations.

Operating principle: direct counting and single & multiple untwist-retwist methods. Unique tension mechanism suitable to test all kind of yarns. Economical model with fixed 10 inch specimen length. Manual operation with digital readout and led indication of null position ensures accurate measurement.

Hand Driven Wrap Reel

Precise sampling for accurate count measurement of yarn. 10 / 20 samples in a single wound cycle. 54 inch/1 meter girth sturdy reel assembly for evaluating all count systems like nec, nm, tex, denier, etc. .

Spreader loop realing method with collapsible swift for easy lea removal. Single pre-tension device ensures accurate length of sample. Manually operated reel with digital display. Possible to prepare sample length more than 840 yards / 900 meters.

Lab Dyeing Machine High temperature high pressure beaker-dyeing machine for dyeing fabric and yarn samples suitable for laboratory applications.

Fabric Testing Equipments Analog Thickness Gauge To determine the thickness of the fabrics accurately. An inexpensive model with ease of operation. Automatic Bursting Strength Tester

Bursting strength measurement of all kind of fabrics, papers and boards. Measuring up to 70 kgcm2 / 7000 kpa / 1000 psi. Hydraulic pressure inflates rubber diaphragm of specific area to yield bursting strength. Proven needle and follower method of measurement. Dual gauge system to cover the entire range. Digital controlled automatic model. Capacity: 500 N / 50 kg / 110 lbs.

Color Matching Cabinet

For the visual assessment of color under standard light conditions. Supplied in two viewing cavity sizes. Apart from standard light sources alternate fluorescent lamp sources can be incorporated.

Lightweight construction, superior finish, supplied along with angled viewing stand. Microprocessor controlled operation. Membrane switch panel, digital and individual life hour meter with electronic ballast control.

Computerized Count Analyzer

Electronic balance, desktop computer loaded with count soft software package forms compucount.

Count soft is a multi-functional software package to determine yarn count and hank including gsm.

Extended count and hank analysis in terms of statistical and graphical reports.

Crease Recovery Tester Accurate determination of recovery properties of fabrics against creasing. Specimen loading device and standard weight supplied for hands-on use. Shrinkage Template with Scale To measure the dimensional changes in fabrics after laundering, dry cleaning etc. . Template and shrinkage scale made up of transparent polymer plate to apply standard pressure on test specimen. Available models : 25x25, 35x35, 50x50centimeters and all-in-one size. Spray Rating Tester To determine the water repellency or surface wetting resistance of fabrics. Appearance of the specimen is compared against photographic chart. Tearing Strength Tester To determine the ballistic tearing strength and work factor of fabrics. Fabric Stiffness Tester To determine the bending length, flexural rigidity and bending modulus of fabrics. Supplied with specimen cutting template and graduated measuring scale. Fabric Swatch Cutter Manually operated swatch cutter to produce samples from all kind of fabrics with zigzag profile. Available sizes: 300 / 500mm cutting length and up to 20mm cutting depth. Cutting unit is mounted on a strong and sturdy table on which a graduated screen is fixed for ease of operation.

Fabric Yarn Count Balance

To estimate linear density of yarn obtained from small pieces of fabrics. Principle of moment method, supplied with a set of hook weights and template in a cabinet.

Crimp Tester

To determine actual yarn usage and bulkiness in fabrics. Available in 0. 5, 1. 0 and 1. 5 meter test range.

2.2 Prominent Clients

Through its efficient customer serving network, MAG has been able to acquire orders from prominent clients from home and abroad. The lists of around 2000 clients both from the domestic and international platform showcase MAGs superior penetration in the market. Domestic Clients are: Raymonds India Limited Reliance Industries Ltd Madura Garments Exports Ltd Indusfila (P) Ltd Summer India Textiles (P) Ltd National Institute of Fashion Technology KG group of companies B.K.S. Textiles (P) Ltd Eastman Exports GTN Industries Ltd Gokaldas Images (P) Ltd Gopala Krishna Textiles mils (P) Ltd Precot meridian Ltd Page Apparel manufacturing (P) Ltd KSL group of companies

 Aloka Exports Institute of Chemical Technology PSG Educational Institutions Bannari Amman Institute of Technology Central Institute for Research on Cotton Technology Kallam brothers Cottons (P) Ltd Sharadha Terry Products (P) Ltd International Clients are: Their International clients comprise various prominent organizations in Bangladesh, Indonesia, Nepal, Pakistan, Peru, Thailand, Turkey, America, South East Asia, Canada, United Kingdom, etc. They are: Pakiza Cotton Spinning Mills Ltd Babri Cotton Mills Ltd Crystal Spinning (P) Ltd Fatima Enterprise Ltd R.B.Sethi Textile Mills Ltd Eve Dress Shirts Ltd Premier Washing Plan Sotex International Ltd Fijesa Inca Tops Sa Innova Andina S.A. PT .Bandung Perkasa Jaya PT Sunson Textile Manufacturer TBK Atlantic Yarns INC Young One Hi-tech Sports Wear Ltd
MAB Spinning Ltd Colony Mills Ltd

3. ORGANISATIONAL STRUCTURE

Chief Executive Officer

Factory Manager Managing Director

Functional Heads

Division Member

Division Member

Assistants

Division Member

The structure of the organization may be depicted graphically in a chart known as organizational chart. It has been defined as a diagram which shows important aspects of an organization including the major functions and their respective relationship, the channels of supervision, and the relative authority of each employee who is in charge of each respective function. Thus an organizational chart depicts formal organizational relationship and helps the top management in assigning the responsibilities properly and clearly. It also helps in finding out the main line of communication and flow of authority and responsibility. The organization structure is so designed in MSPL that it helps the managers to take necessary decisions and thoroughly more things in the smooth manner. The role of each staff in the organization is well defined moreover, since the staff strength is only 63, it is easier for the top leads to manage the personnel and thereby maintain good discipline.

3. DEPARTMENTAL PROFILE

MAG Solvics Private Limited (MSPL), Coimbatore consists of various departments. Each department works in coherent manner to achieve the ultimate objective of the organization. All the departments function properly in order to achieve its objective. The departments are as follows: 1. Purchase Department 2. Stores Department 3. Production Department 4. Quality and control Department 5. Research and Development Department 6. Finance Department 7. Marketing Department 8. Human Resource Department 9. Systems Department

4. PURCHASE DEPARTMENT
Purchase department of any organization is a way of getting raw material. It is very much important as it helps to maintain free flow of raw material inside the organization. It also helps to make a right choice of quality raw material and supplier. This department is concerned with the purchase of both indigenous and imported materials. It also deals with the procurement of indigenous engineering spare, general engineering and other miscellaneous items other than raw materials which is used in production process. 4.1 OBJECTIVES: To procure right material. Procure material in right quantity and right quality. To procure from right and reliable sources and suppliers, To procure material economically i.e. with reasonable price. To receive and deliver material at right place at right time.

4.2 FUNCTIONS OF PURCHASING DEPARTMENT: Keep records. Maintain records of reliable sources of supply and price of material. Review material. Making contract. Procure and analyze quotation. Place and follow purchase order. Maintain records of all purchase. To act as a liaison between vendor and different departments. To check whether the material has been procure at right time and right economic rate.

4.3 VENDOR SELECTION: The company has more than 20 registered suppliers. They are selected according to their efficiency of supply standard material and vast background. The vendors are situated mostly in Tamil Nadu. The transaction has been done by both cash and cheques. There will be 45 days credit limit. 4.4 PURCHASE REQUISITION: The purchase order will be made to the concerned supplier and if the standard grade of material was received they go for purchase requisition. It contains material name, quantity, its urgency, item code etc.

4.5 DEPARTMENTAL CHART - - PURCHASE

Purchase manager Purchasing agent

Assistant

5. STORES DEPARTMENT

Stores keeping involves proper keeping of stocks, identifying and classifying them according to their nature, type and sizes. It also includes proper maintenance of stock records. Proper storage of goods is very essential for effective production planning. Just as purchasing department is responsible for purchase control, stores department is responsible for store keeping and consequent control of store. The stores department is a service department rendering service mainly to production and account department.

5.1 FUNCTIONS OF STORES DEPARTMENT: Receiving the material from the vendors. Stored in safe proper place. Issuing the materials.

5.2 RESPONSIBILITY OF THE STORE OFFICERS: Issuing material to the production department. Maintaining a ledger of issue and receiving material. Collecting the material from various sub-contractor and sub-contracting process followup. Maintain a separate ledger for the materials received from sub-contractor.

5.3 PROCEDURE FOR ACQUIRING MATERIALS FROM STORES: If any material is needed in production department the requisition slip is filled up by foreman or supervisor and issued to stores officer. Then the material is issued as per the needs. The stores department also maintains registers and ledgers to enter the receipt and issues of materials.

5.4 DEPARTMENTAL CHART - - STORES

Purchase manager

Stores officer

6. PRODUCTION DEPARTMENT

Production is the heart of any manufacturing concern. It is also in the case of MSPL. It is the process or procedure to transform a set of elements like men, material, capital, information and energy into a specific set of output elements like finished products in proper quality and quantity. Thus it can achieve its objectives. The essence of production in the creation of goods may be by transformation of raw materials or by assembling so many small parts. They have the capacity to manufacture whole range of textile testing equipments with this existing unit. It has two units: Manufacturing Unit Production Unit

6.1 Manufacturing Unit The heartbeat of MAG is manufacturing unit. Their manufacturing unit is located in well equipped Industrial Estate. It is well equipped with basic and advanced machineries for various operations. In manufacturing unit, the machine shop is well equipped with various machineries. It is also well connected with vendors network, who gives hand-on-hand assistance to them in production optimization. Their machine shop is sectioned into various processing center, are given below: Fabrication Section Machining Section

6.2 Production Unit The second part of the heart beat is the production unit. It gives the unfinished input into well finished output. The production unit has its own sub-division namely: Procurement, Stock & Supply Division Components Inspection & Control Division. Machine Assembly Division.

6.2.1 Procurement, Stock & Supply Division The Procurement, Stock & Supply Division is responsible for stocking all the necessary tools, spares, raw materials and equipment required to service the manufacturing process. Procurements of all components, bought-out, sub-contract, stock and supply is also maintained where sourcing is unreliable, buffer stocks will need to be kept and the use of computerized stock control systems helps to keep stocks at a minimal but necessary level for production to continue unhindered. They maintained the following duties to improve the production simultaneously. They prepare: The quotation forms, Monthly status report, Components work orders, Stock ledger etc., and Maintains the inward & outward of purchase, components and finishing process inwards & outwards. 6.2.2 Components Inspection & Control Division The Inspection & Control Division is taking a keen care of inspecting the incoming & inprocess items which are required for machine assembly. This department plays a major role in quality control and control on non wastages, a very effective inspection is carried out in each bit purchased for production. Quality Control Plan is strictly followed for all inward components.

They also maintain the reports which supporting the control inspection .The reports are: Components Inspection Report Final inspection report Monthly status report.

6.2.3 Machine Assembly Division Our trained and experienced technicians and assembler are skillfully guided by our specialist Production Manager. Everything moves like clockwork here, with perfection and precision in this smooth Production line set-up where instrument sub-assembly and final assembly are made. The major role of machine assembly is assembling of all machine components, completing assembly and inspection in all respects of mechanical, electronics and software. 6.3 Production plan and process Marketing departments plays the major role in production process. Marketing department provides instruction to production department to manufacture the required machines. Once the production will be over and then Assembly Work will be raised for each and every individual machine. Complete components are forwarded to PSSD for procurement process with the approval of production HOD.

6.3.1 Sub-Contract work processes The components received are forwarded to Component Inspection Control (CIC) for quality checking purpose. Once the components are received by CIC it is entered in Components Inspection Report for approval purpose as per quality approval plan. If it is approved all the components list are entered in the final inspection report, party wise and the same is forwarded to party for billing purpose through PSSD.

 The finished components received are finally quality approved by CIC and forwards the components to the PSSD for stock.

6.3.2 Purchase work Process Based on the PSSD specifications, the components are procured from market and the procured components forwarded to CIC.

CIC division approves by checking the quantity and specification. If the components are approved it is forwarded to PSSD for stock.

If required the components can be sent for finishing process.

Based on this, components and required items are issued to Machine Assembly Division (MAD) for assembling the machine.

MAD includes the following process. The components are assembled by mechanical assembly division and forward the machine to electronics division.

Electronics assembly division assembles all the necessary electronic components such as boards, motors etc and forwards to software division if required Software division installs the software and forwards to MAD.

MAD records Machine Ready for Quality check (MRQ) and forwards to Quality Assurance Department (QAD) for quality check.

QAD takes the responsibility for the final check and forwards the machine enclosing MRQ and a copy of all necessary documents to MAD.

MAD forwards the machine to PSSD. Marketing department raises purchase indent to production enclosing the customers details and delivery date.

As per the above details the dispatch department packs the machine along with all required accessories referring the packing list. The machine is dispatched after the approval of MED, EED & SED.

At the time of dispatch a copy of purchase indent is returned to marketing department. Original copy is retained with production department.

Final stock is maintained after dispatch.

6.4 Department Chart-- Production

Chief Executive Officer

Factory Manager

Production Head

Division Head

Division Member

Division Member

Division Member

7. RESEARCH AND DEVELOPMENT DEPARTMENT

Their R&D is a base and backbone of their growth. Creative work should be done on a systematic basis in order to increase the stock of knowledge and the use of this knowledge to devise new applications. Applied research for the purpose of to create and to improve existing products and process. It has the professionals excelling with innovative and creative ideas, technology and designing skills. We apply State-of-the-Art in advanced techniques and creative ideas in our products through our R&D activities. They carry out these activities in the application of Mechanical, Electronics and Software in Textiles. The expertise team of R&D contains 20 working souls which bring out the products that accomplish long term and future objectives of our customer with the existing equipments through our R&D activities. They frequently have intervention with Experts in the various fields as well as from various textile research instituted in the home (include SITRA) to guide us in our R&D Activities. We have technical and evaluation tie-up with techno-commercial and textile research institutes to produce our products to compete with any other international brands on technical, standard and quality. R & D is mainly focused on Project Task and Short Task

7.1 Projects A complete new design and development or major modification (Re-engineering) on existing product is called project. In general a project is a temporary (the project has an end date) endeavor undertaken to create a unique product. Unique means that the product's end result fulfills the specified requirement. Projects should have a specific begin date (Start Date) and end date (Target Date), specific objectives and specific resources (Project Leader and Project Members) are assigned to perform the work. Each and every project should be approved by Project Advisory Committee (PAC). The PAC committee members will be designated by the management. Delegation of the project will be specified in writing and included to the project. Regular meetings should be conducted on each projects & minutes to be prepared in specified formats.

7.2 Tasks A complete new design/solution and development or minor modification on existing (Re-engineering) product is called task. A task operates in parallel with other function (A unit of work within the workflow). Rectification of customer complains. Documentation of all the activities. Evaluation of instruments. Minor alterations & modifications in all instruments. Manufacturing process of the instruments. Similar modifications in existing programs. Specifications of all instruments. Preparation of all user guides.

7.3 Short Tasks . A task (as stated above) which can be completed within a day or minor modifications few hour jobs are called short task. A task should operate in parallel with other function. Alterations in the drawings. Educating or creating awareness about the product or process. Initial data collections related to the projects. Evaluation & calibration of the instruments. Supporting regular production.

NETWORK OF R&D DEPARTMENT

SECRETARIAT DIVISION Secretariat officials

Manager/Engineer/Officer/Division Head/Staff Member

MECHANICAL DIVISION Engineers

ELECTRONICS DIVISION Engineers

SOFTWARE DIVISION Engineers

Division Head / Staff Members

Division Head / Staff Members

Division Head / Staff Members

8. FINANCE DEPARTMENT
Finance is regarded as the lifeblood of business enterprise. Business finance is the activity concerned with planning, revising, controlling and administration of funds used in business. This is because in modern money oriented economy, finance is one of the basic foundation of all kinds of economic activities; finance department is responsible for finance management of the company. The responsibility of finance department spread through out the organization. 8.1 FUNCTIONS OF THE FI NANCE DEPARTMENT Deals with cash transaction. Procedure funds in economical way and utilize them effectively. Arranging finance from banks as and when required by the company for meeting its project costs and for working capital requirements. Finalizing the accounts of the company after scruting by the statutory auditors of the company. Attend to bank words and deal transactions concerned there upon. To have liaison with bank officials so as to get loans both short term and long term. Monitoring the accounting functions of the various divisions by the way of internal activity. Booking of the accounting information collected from the division and consolidating the same. Payroll preparation. Insurance of material, store and finished product. Raw material accounting. Cost audit. Preparation of various periodical statements. Bank Reconciliation Statement (BRS) is to verify the cheques. Preparation of the balance sheet and profit and loss accounting of the company.

8.2 RESPONSIBILITY OF THE FINANCE MANAGER Budgeting. Clearance of the order. Subcontractors payment. Vendors payment. Payroll preparation. Audit and paid the auditors payments. Tax payments with due date.

8.3 BUDGET PREPARATION: MSPL prepares their budget according to the requirements of other department and other expenses to be met in a month. 8.3.1 Financial Planning: The weekly requirement of the each department are collected through the appropriate forms and sanctioning the needful funds. The monthly fund requirements are raised up through the Creditors and Debtors checklist. The Payment follow-up also done by their finance department. 8.4 PROCEDURE Journal voucher for routine transaction. Debit note is raised in order to debit a part for a transaction. Credit note will be raised to give credit to a transaction other than the routine transaction.

BANK TRANSACTION The receipt is received for the Inward materials and the encashment for the outwards. Maintenance of the Loan details of the company. The Stock Statements such as Creditors, Debtors checklist submission.

8.5 DEPRECIATION Depreciation has been provided on all assets under straight line method at the rates prescribed in schedule XIV of the Companies Act, 1956. The depreciation rates for different assets are as follows: Land and Building Plant and Machinery Furniture and Fixtures Computer Vehicle

8.6 MAINTENANCE OF VARIOUS ACCOUNTS BOOK Cash Book Bank Book Purchase Book Sales Book General Ledger Sundry Creditors Register Sundry Debtors Register Stores Ledger Finished goods Ledger Trial Balance Profit & Loss Accounts / Balance sheet

ACCOUNTING PROCEDURES Vouchers

Cash/ Bank Vouchers

Purchase Vouchers

General Vouchers

Sales Invoice

Cash/ Bank Books

Purchase Journal

General Journal

Sales Journal

General Ledger

Debtors and creditors Ledger

Raw materials

stores

Purchase journal

Purchase journal

Creditor Ledger

Debtor Ledger

Sundry Creditors Ledger

Sundry Debtors Ledger

10.MARKETING DEPARTMENT

Their Men on Mission Team is well technocommercial comprised of professionals with good experience and wide knowledge about regarding fields. The souls of marketing will be highly qualified in their education .We have Masters, Bachelor degree holders & diploma engineers. Our service connected all over India and the Overseas. Their network also widen through many channels like agents, agencies, consultants and brokers. The fundamental principle of our mission is Customer satisfaction. They carry out the extensive marketing research, marketing study and customer support operations with professional mode. 10.1 MARKETING RESEARCH In Marketing Research, they have done New product development Customer needs Competitor analysis Customer service Channel of communication via through consultants, educational institutes, projects. The results obtained from the above sources they proceed for the further step of Promotion Management .In Promotion management, the data which derived from above sector taken as a source code and improve the developing strategies. In order to develop the brand, they take the following measurements, Participating in trade exhibitions Listing in industrial yellow pages Sponsoring to textile technical symposiums Advertisement through leading textile journals.

They also had keen interest in International Marketing. Till now, they have100 clients around worldwide. They appoint agents and direct exporters for dealt with the foreign markets. They had participated in 27 National Trade shows and 3 International Fairs .

10.2 NETWORK OF MARKETING

Executive Director

Marketing Executive

Sales Executive

Export Marketing Executive

Promotion Management

Customer Support

International Marketing

Business Development

Sales /Services Engineers

Intermediate Management

10.3 Dazzling Efforts They had formed the extensive service engineers network along with sales force. Beyond their sales force they are also backed up by their intermediary service engineers. Due to the effective work of their team, in narrow time they get their clients satisfaction. They have the mobility service engineers, who traveled all around, to respond the service calls as quick as possible. Inspite of having mobility service engineers, they have in-house customer support wing to serve the customer at the self-service aspects as well as directs and guides the service engineers to the nearest customer call. This service advantage provided them the great opportunity to serve the customer with whole heartedly as a consultant in the field if textiles processing.

10.4 Current Achievement Recently they got order for High Volume Tester (HVT Expert) - 32 numbers worth of 5.95 crore from Agricultural Produce Market Committee Punjab for grading their fibre which ever cultivated in the Punjab State and they are expecting similar kind of quantities of order for the same instrument from Haryana, Madhya Pradesh, Gujarat & Maharashtra etc. They got a single order worth of 25 Lakhs from University of Agricultural Sciences Dharwad for setup a full fledged Textile Testing Lab through the participation of Tenders. They have participated more than 15 Universities tender in around India and orders are under process in our favour. They are expecting more than 2.5 crore worth of business from Textile & Technical Institutes, Textile Associations, and Textile laboratories within this financial year. They have more than 1.5 crore worth of orders in their hand, starting from Rs. 10,000/- up to Rs. 10,00,000/- worth of single order from various private customers. On Trading & Export side, they got L/c worth of 3.44 crore for exporting textile accessories and spares to Africa.

After execution of above this, the entire Ethiopia Textile Industry needs

will

be

fulfilled by us through a Business contract for 7 to 10 projects. Totally all together in this financial year more than 11 crore worth of business to be executed.