Track Suits
| Product Code | 260399000 |
| Quality and Standards | IS 4375:1975 |
| Uploaded on | September 2007 |
Introduction
Track suit is the dress for sportsmen and sportswomen for track and field. Good quality track suits are made from cotton/nylon knitted fabric after cutting and stiching. In this project profile, it is proposed to manufacture this item from nylon/cotton interlock knitted fabric. Generally track suits are made from navy blue and maroon colours but these can also be made in any colour combination. The track suit is a two piece garment i.e. Top and Trouser. Top is collar half front open shirt having nylon zip for closing the front and trouser having elastic belt, nylon zip at the bottom portion of legs, white vertical stripes at the outsides of both legs. Top is also having white vertical stripes at sleeves.
The manufacture of track suit is simple and entrepreneurs having knowledge of cutting and stitching can easily set up this type of industry. The raw material and machinery required for the manufacture of track suit can be sourced indigenously.
Market Potential
Track suits are mainly used by the sports persons while they are playing in the field. This type of dress is also used by the ordinary persons when they go for walking and for some indoor games. The field of sport is emerging the world over, therefore the requirement of suitable dress for the purpose is very essential. Recent India's commitment to hosting commonwealth in Delhi also boost the market of track suits. As it is assumed that fever of sports will be there from 2008-2013 due hosting of commonwealth games on 2010. There has been good demand in domestic and export markets for this item.
Basis and Presumptions
This project is based on double shift basis with 300 working days in a year. Time period for achieving maximum capacity utilization is considered from 3rd year from the date on which production is started. Building is considered of its own. Costs of machinery and equipment/ materials indicated refer to particular make and approximately to those prevailing at the time of preparation of this project.
Cost of installation and electrification is taken @ 10% of cost of machinery and equipment. Non-refundable deposits, project report cost, trial production, security deposit with State Electricity Board are classified under pre-operative expenses.
Depreciation has been considered at 10% on plant and machinery, 20% on office furniture and fixtures and 25% on workshop accessories. Interest rate on capital loan has been taken @ 14% per annum. Amount of margin money required is 25% of total investment.
Implementation Schedule
Activity |
Period |
| Selection of site/working shed | 1 month |
| Formation of company (ownership/partnership) | 1 month |
| Preparation of feasibility report | 1 month |
| Registration with Commissioner of Industries/DIC | 1 month |
| Arrangement of finance (Term loan and working capital) | 3 months |
| Procurement of machinery and equipment | 1 month |
| Plant erection and electrification | 2 weeks |
| Arrangement of raw material including packaging material | 1 month |
| Recruitment of manpower | 1 month |
| Miscellaneous works like power/water connection etc. | 2 months |
Note: Considering that some of the above activities may be overlapping, the project implementation will take a period of 6 months approximately for starting the production.
Technical Aspects
Process of Manufacture
Suitable and reliable supplier for cotton knitted fabric and nylon fabric are identified and procured from them. Both the fabrics are inspected by passing them through fabric inspection machine faults if any found in the fabric are removed. The inspected fabric is sent to cutting section where the fabric is spread on the cutting table for cutting into desired size of different pieces. These cut pieces are stitched to give final shape of track suits. Finally, the suits are charged into garment washing machine and treated in washing detergent for sometimes. After down loading the garments from washing machine, they are put into hydroextracting machine to remove excess water and dried in dryer tumbler to a required extent.
Finally, the suits are checked to find out any manufacturing defects and abnormal measurement. The garments after receiving from inspection are pressed to remove wrinkle marks developed by washing, hydroextracting and drying machines. Garments obtained from pressing section are folded and packed in the polythene bags for marketing.
Quality Control and Standards
No Indian standards are prevailing for track suits. The track suits are generally made as per the choice of customers. Care must be taken to purchase good quality cotton, nylon and other trimmings and embelishment materials in order to maintain quality of end products.
Production Capacity (per annum)
Product |
Quantity |
Value (Rs.) |
| Track suits | 550000 | 137500000 |
| Total | 550000 | 137500000 |
Motive Power
Total 35 HP is required to run the unit at full capacity. This is proposed to be met from State Electricity Board.
Pollution Control
Not required.
Energy conservation
Energy can be conserved by proper house keeping and installing suitable motors.
Financial Aspects
Financial Aspects
| Land and Building | |
| Land 1200sq.mt. @ Rs. 2000p.s.m. Amounting Rs.2400000 | |
| Building Area | |
| Factory shed | 600sq. mt. |
| Store (Raw material) | 150sq. mt. |
| Store (Finished goods) | 150sq. mt. |
| Office etc. | 100 sq. mt. |
| Total Covered Area | 1000 sq. mt. |
| Total Construction Cost @ Rs. 3000/sq.mt. | 3000000 |
| Total Investment in land and Building | 5400000 |
Machinery and Equipments
Description |
No. |
Rate (In Rs.) |
Amount (Rs.) |
| Fabric inspection machine | 1 | 230000 | 230000 |
| Motorised fabric cutting machine | 1 | 120000 | 120000 |
| Overlock stitching machine with motor | 20 | 12000 | 240000 |
| Flat lock stitching machine with motor | 4 | 140000 | 560000 |
| Sewing machine with motor | 20 | 7000 | 140000 |
| Rib cutting machine with motor | 4 | 9000 | 36000 |
| Garment washing machine 50 kg. capacity | 2 | 180000 | 360000 |
| Hydroextractor 25 kg. capacity | 2 | 100000 | 200000 |
| Drying tumbler 25 kg. capacity | 1 | 180000 | 180000 |
| Wash room trolleys fitted with ball bearing rollers | 3 | 15000 | 45000 |
| Electric iron | 10 | 3000 | 30000 |
| Workshop accessories | LS | 40000 | 40000 |
| Total | 2181000 | ||
Other Fixed Assets |
(Rs.) |
| Erection and installation | 218100 |
| Office furniture | 80000 |
| Pre-operative expenses | 40000 |
| Total | 338100 |
| Total Fixed Capital | 7919100 |
Working Capital (per month)
Staff and labour Wages
Designation |
Nos. |
Rate (In Rs.) |
Amount (Rs.) |
| Manager | 1 | 17000 | 17000 |
| Sales Officer | 2 | 12000 | 24000 |
| Clerk/Typist | 1 | 6000 | 6000 |
| Peon | 2 | 5000 | 10000 |
| Watchman | 2 | 4000 | 8000 |
| Production Staff | |||
| Cutting master | 1 | 12000 | 12000 |
| Supervisor | 1 | 7000 | 7000 |
| Skilled workers | 4 | 6000 | 24000 |
| Tailors | 51 | 6000 | 306000 |
| Pressman | 10 | 5000 | 50000 |
| Helpers | 7 | 6000 | 42000 |
| Total | 506000 | ||
| Perquisites @ 20% | 101200 | ||
| G. Total | 607200 | ||
Raw Material
Description |
Unit |
Qty. |
Rate/ Unit |
Amount (Rs.) |
| Cotton fabric | Kgs. | 180 | 150 | 5940000 |
| Nylon fabric in different colour | Kgs. | 10000 | 290 | 2900000 |
| Embroidery charges | LS | 80000 | ||
| Sewing thread @ Rs. 2/pc. | Pcs. | 46000 | 2 | 92000 |
| Zip (synthetic) | 23000 | 15 | 345000 | |
| Button, elastic tape etc. | LS | 120000 | ||
| Packing material @ Rs. 2/pc. | 46000 | 3 | 138000 | |
| Washing detergent | LS | 10000 | ||
| Total | 9625000 |
Utilities (per month) |
(Rs.) |
| Electricity BillWater charges | 40000 |
| Total | 40000 |
Other Contingent Expenses (per month) |
(Rs.) |
| Postage/stationery | 5000 |
| Repair and maintenance | 28000 |
| Transport/travelling charges | 10000 |
| Insurance | 800 |
| Telephone Bills | 5000 |
| Miscellaneous expenses | 10000 |
| Total | 70800 |
| Total Recurring Expenses (per month) | 10343000 |
| Total Working Capital for 2 months | 20686000 |
Total Capital Investment
| Machinery and equipment | 16609000 |
| Working capital for 2 months | 20686000 |
| Total | 28605100 |
Machinery Utilisation
Capacity utilisation is considered as 75% of installed capacity.
Financial Analysis
Cost of Production (per year) |
(Rs.) |
| Recurring expenses | 124116000 |
| Depreciation on Building @ 5 % | 270000 |
| Depreciation on machinery @ 10% | 214100 |
| Depreciation on office furniture and workshop accessories @ 20% | 24000 |
| Interest on total investment @ 14% | 4004714 |
| Total | 128628814 |
Turnover (per year)
Product |
Qty. (Pcs.) |
Rate/Pc. |
Amount (Rs.) |
| Track suits of different sizes | 550000 | 250 | 137500000 |
| Net Profit (per year | 8871186 |
| Net Profit Ratio (Net profit/Turnover per year) | 6.45 |
| Rate of Return on Investment (Net Profit/Total Capital Investment) | 31.01 |
Break-even Point
Fixed Cost |
(Rs.) |
| Depreciation | 508100 |
| Interest on capital investment | 4004714 |
| 40% of wages of staff and labour | 2914560 |
| 40% of other contingent expenses | 336000 |
| Insurance | 9600 |
| Total | 7772974 |
| B.E.P. | FC × 100 -------------- FC+profit = 46.7 |
Addresses of Machinery and Equipment Suppliers
- M/s. Bharat Machinery Works
44, Industrial Area-A,
Ludhiana. - M/s. Moonlight Knitting Machinery Works
Vishvakarma Colony,
Ludhiana. - M/s. S.T.M. Knitting Machinery Works
Near Savitry Complex,
G.T. Road,
Ludhiana. - M/s. Punjab Machinery Works
Vishvakarma Chowk,
Near Fire Brigade,
Ludhiana. - M/s. Sagaritans Agency Divn.
46-A, Rafi Ahmed Kidwai Road,
Kolkata-16. - M/s. Bengal Hosiery Machinery
Concern
361/B, Rabindra Sarani,
Kolkata. - M/s. Swarup Mechanical Works
Overlock Building,
Overlock Road,
Ludhiana-141003. - M/s. Rajan Hosiery Industries
21-B, New Qutab Road,
Near Sadar Bazar,
Delhi-6.
Raw Material Suppliers
- M/s. Mahavir Spinning and General Mills
Hoshiarpur (Punjab). - M/s. Adinath Textiles Ltd.
Registered Office,
Village: Bholapur,
P.O. Sahibana,
Chandigarh Road, Ludhiana.
For further information please contact
Information Manager
TIMEIS Project
E-mail: timeis@ficci.com
