The presentation topic is about tata textile.TATA PAKISTAN is an industry leader in Textile since the last five decades and also making its mark in Foods and Energy business. It all started with one textile mill and now several decades later, we are one of the leaders in the textile industry of PAKISTAN. The registered office of the Company is situated at 6th floor, Textile Plaza, M.A. Jinnah Road, Karachi, in the province of Sindh. The principal activity of the Company is manufacturing and sale of yarn. The Companys manufacturing facilities are located at District Muzaffargarh, in the province of Punjab.
Significant transactions and events affecting the financial position of company and performance;
The Company has carried out a revaluation exercise of its leasehold land, buildings on leasehold land and plant and machinery. For details information please refer note 15.
Devaluation of Pak Rupee with USD affecting the export sales which results in exchange gain.
Applicability of the Companies Act, 2017 amounts reported for the previous period are restated. For detailed information please refer note 2.5 and note 4.
The discussion is based on organization structure and culture.The swot analysis is also discussed for the future and current analysis.
3. INTRODUCTION
TATA Textile Mills LTD (the Company) is a public limited
company incorporated in Pakistan on April 15, 1987
under the Companies Ordinance, 1984 and in 1991 a
most modern Spinning Unit consisting of 19,200
Spindles was setup for the manufacturing of Cotton
Yarn.
4. VISION AND MISSION
We shall remain committed to exceeding the highest
expectations of our stakeholders by maintaining the
highest quality standards and achieving sustained
growth in our capacity.
We are committed to the higher expectations of our
customers. We strive for the production of best
quality yarns for high value products
5. CORE VALUES
INTEGRITY - "We do what we say":
RESPECT - "We value people as our
greatest resource":
TEAMWORK - "To be a business partner
and not just as employee":
ACCOUNTABILITY - "To deliver excellence
in results with commitment to
shareholders":
6. ORGANIZATIONAL CULTURE
:-
we are One team which is encouraging and supportive
which is committed to the success of our clients.
We pursue excellence through continuous
improvements and effective , efficient execution
We communicate openly and honestly creating
transparent ,true based environment.
We are accountable for decision we make are
responsive and collaborate to achieve the best result.
8. ORGANIZATION STRUCTURE
HR MANAGEMENT
Human Resources planning, development and
management is valued as one of the essential matters
at TP group in order to make ourselves competitive
and to succeed in the longer run.
HR function largely focuses and emphasizes upon
practical experience, periodic assessments,
performance based incentives and developing people
through investments in trainings (both technical &
soft skills) whilst focusing on examining the issues
surrounding assessments and incentive systems.
9. QUALITY MANAGEMENT :
A setup of separate entity to carefully and thoroughly
check each step of production and evaluate the
deliverable continuously during the production
process.
the quality assurance staff works as an independent
department and put into practice the latest industry
standards to ensure expected outcomes.
developed a 3-tier system certified by USTER
Technologies, this system check the entire process
from the selection of cotton till the production of final
yarn until it is delivered to the customers in order to
make sure there are no flaws in the product.
13. CONCLUSION :-
Tata textile mills is engaged in the manufacture and
sale of yarn. The company’s product include fiber types
,it produces different kinds of yarn .This company give
opportunities to many people led by highly skilled
,qualified and passionate professionals .From the top
leadership to the line staff ,each stakeholder in the
company is closely associated with the vision and
mission of Tata Pakistan .Their employees are
passionate and satisfied.