CHAPTER 3

A PROFILE OF INDUSTRIAL UNITS CONSIDERED

FOR THE STUDY

KARNATAKA SILK INDUSTRIES CORPORATION LTD

Mysore, a place well known for its rich cultural heritage and splendour is also

famous for the silk it produces. The silk produced here reveals the ethnic magnificence

through its splendid and intricate designs. The silk is named after the ancestors of Mysore

as a mark of tribute and is hence rightly called as Mysore silk. KSIC the pride possessor

of this monarchal vestige is producing the same quality of silk from seven decades.

Located in the center of Mysore city, this factory is dispersed over 15 acres and possesses

high end machines imported from Switzerland and Japan to produce the best quality silk.

The company’s vision is “To provide employment directly and indirectly by producing

goods, products and marketing effectively in the market”. The company’s mission is

“Manufacturing and marketing of Mysore Silks and

Sarees”(http://www.ksicsilk.com/Web/MysoreFactory).

ARIS SOFTWARE PVT LTD

Aris Software Pvt Ltd is the leading integrated software solutions provider for life

sciences which was established in the year 1987. Its headquarters is located in Stamford,

Connecticut, USA and has its branches in UK, France, Germany, Ireland, India and

Japan. The company’s expertise lies in solving real-time research and development

requisites of enterprises which also includes topmost pharmaceuticals, biotech’s and

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devices, CROs and regulatory agencies. The variety of services provided include

planning, design, implementation, upgrade, migration, optimization, application

verification and training. These services are provided by ArisGlobal’s professional

services team and ProServe. The company’s mission is “To provide the life science

industry with the most complete Life-Science information management environment to

bring the highest levels of trust of your company and your products to your customers

(patients, practitioners and government administrators)” (www.arisglobal.com).

EXCEL SOFTWARE, MYSORE

The function of Excel soft is to offer value added products and services in e-

Learning to support the educational publishers, universities, schools, government,

defence and corporate sector. The e-Learning applications include SARAS virtual

Learning Environment, consisting of Learning Management System and Assessment

Management Systems. The company also provides SARAS learning space which is an e-

Learning gateway that uses web 2.0 technologies to encourage informal learning. The

solutions are offered in both technology and content arena. The company’s motto is

“Great performances attract Great performers”. The company’s global offices are located

in Asia, United States and EMEA and consist of 800 plus professionals

(http://www.excelindia.com).

JSS HOSPITAL, MYSORE

The JSS hospital was established by Jagadguru Sri Shivarathri Rajendra Swamiji

in 1974 as JSS Primary Health Centre for annual medical check-up of the students from

JSS institutions. Later in 1992 another health service center was set up in SJCE campus.

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The primary health centre in JSS medical college earlier had 60 beds in 1984 which was

upgraded to 1200 bedded hospital and later to 1800 bedded hospital in 2008 by Jagadguru

Sri Shivarathri Deshikendra Mahaswamiji. The motto of the hospital is “Not for profit;

dedicated to service”.

The hospital’s vision is “To be the preferred comprehensive center of excellence

for medical education, care providers and affordable healthcare with a human touch”. The

hospital’s mission is “To provide effective, affordable healthcare with compassion and

achieve excellence in medical and paramedical education with continued focus on

quality”.

KOTAK MAHINDRA BANK LTD, SARASWATHIPURAM, MYSORE

Kotak Mahindra Bank Ltd is one of the banks which offers multitude of services

to its clients. The bank provides personal finance solutions varying from savings accounts

to credit cards, mutual funds to life insurance, working capital loans to personal loans etc.

The bank has the best wealth management team who provide an array of solutions to

individuals gaining high profit, entrepreneurs, business families and working

professionals. The services designed in the bank are highly focused on clients and are

regularly updated to provide the best service and infrastructure. The bank also has many

honors to its credit which indicates its success.

SWAMI VIVEKANANDA YOUTH MOVEMENT, MYSORE

Swami Vivekananda Youth Movement is an organization established in 1984

working in the development of health, education and community. The organization is

functioning with the tribal’s of Heggadadevanakote in Mysore for more than 20 years and

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manages schools, hospitals, living hubs and micro credit programs. The success rate of

the educational programs is rising as there is more number of neo-literates evolving

amidst these tribal’s. The aim of the organization is “To train and create value based

teachers to meet the educational needs of rural and tribal areas in Karnataka state”.

Various teacher training programs for tribal and rural youth and vocational training

programs for children of dalits and tribal’s are also conducted by the organization

(www.svym.net).

CORPORATION BANK, KUVEMPUNAGAR BRANCH, MYSORE

Corporation Bank was opened in 1906, 109 years ago and nationalized in 1980. It

was the pioneer to develop and acclimate to the amendments in financial sector. In the

year 1997 it was recognized as the second public sector bank in India to enter capital

market. The various banking services which were first introduced by this bank include

“Cash Management Services, Gold Banking, m-Commerce, online approvals for

Educational loans, 100% CBS Compliance” and the latest groundbreaking attempt to

make technology accessible to rural folks in remote villages by means of low-priced

branchless banking. The bank was set up with an initial investment of Rs 5000/- and has

reached business up to Rs. 3,26,012 Crore with 8970 service outlets in India assisted by

more than 18,000 employees.

Corporate Vision of the bank is "The Most Preferred Bank with Global

Standards". Corporate Mission- “To become a provider of World - Class Financial

Services, To meet Customer expectations through Innovation and Technological

Initiatives, To maintain leadership in inclusive banking, To enhance stakeholders' value,

To fulfil national and social obligations, To create an environment, intellectually

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satisfying and professionally rewarding to the employees, To emerge as a role model for

ethical values and Good Corporate Governance” (http://www.corpbank.com).

LIFE INSURANCE CORPORATION OF INDIA, MYSORE

Life Insurance Corporation of India (LIC) is an insurance and investment

company established in 1956 after the passing of Life Insurance of India Act by the

Indian Parliament. The LIC headquarters is located in Mumbai and is the biggest

insurance company in India having an approximate asset value of 1560482 crore

(US$250 billion). The company is owned by the Government of India. The other

affiliations of this company include LIC Housing Finance, LIC Pension Fund Ltd., LIC

International, LIC Cards Services, LIC Nomura Mutual Fund and the products include

Life insurance, health insurance, investment management and mutual fund

(http://www.licindia.in).

J K TYRES, MYSORE

JK organization was founded in 18th century by Lala Kamlapatji and his father

Lala Juggilalji, and hence the name ‘J.K.’. Although the leading businesses of J.K

organization are tyre industries, cement and paper they also include Fenner India, JK

Seeds, Umang Dairies and JK Agri Genetics. The organization also has considerable

existence in clinical research and insurance through its other establishments- CliniRx

Tangent Research and JK Risk Managers & Insurance Brokers Ltd.

Company’s Vision is “To be amongst the most admired companies in India,

committed to excellence”. Company’s Mission is “Be a Customer Obsessed Company -

Customer First 24x7, No.1 Tyre Brand in India, Most profitable Tyre Company in India,

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Motivated and Committed team for excellence in performance, Be a Green Company,

Deliver Enhanced Value to all stakeholders, Enhance global presence through

Acquisition / JV / Strategic Partnerships” (www.jktyre.com).

NSL SUGARS, MADDUR

NSL Sugars Limited is an affiliated company of NSL group and was established

in 2004. The company is a manufacturer, exporter and dealer of white sugar. It has five

unified complexes in the country manufacturing sugar, Co-generation power, distillation

and other organic manure products. The company uses high technology to produce the

best quality of white and refined sugar and is sold by NSLSL as per the central

government norms. The chief consumers are the Food Corporation of India (FCI) and

private sugar wholesale traders across Karnataka and Kerala with approximately 501 to

1000 employees (www.nslsugars.com).

REID AND TAYLOR, NANJANAGUD

Reid and Taylor is an associate company of SKNL. It has been designing the

world’s fashion for more than 170 years. During 1830s an innovative Scottish cavalier-

Alexander Reid used Cheviot wool and made Cheviot cloth that became popular. With

the demand for the cloth increased another person Joseph Taylor joined Alexander Reid

to support him financially and in creating premium quality cloths which is well known

today as Reid & Taylor. The company was introduced in India in 1998 by SKNL. It is the

earliest company in India where the customers can get both fabrics and apparel from the

same brand. Over the years Reid and Taylor has transpired itself as a prominent and most

preferred company in the suiting segment with more than 1000 people striving hard to

take it to yet another level (www.sknl.co.in/reid_taylor_india.aspx).

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HABIB OIL AND GRAINS PROCESSING, MYSORE-OOTY ROAD

Habib Group was inaugurated in 1967 in Mysore, Karnataka. “Habib Oil &

Grains Processing” was merged in 1995 and it has become a well-recognized processor,

exporter and supplier of rice since then. Refusal to usage of harmful pesticides ensures

that the products are healthy and safe. It is one of the leading processors and suppliers of

variety of rice such as raw rice, ponni boiled rice, Karnataka rice, parboiled rice long

grain, idli rice, Indian rice, broken rice and yellow corn which is greatly needed by other

food industries. Quality assurance, Advanced packaging, Industry leading prices, On-

time delivery are the key factors for the company’s success. The company is consistently

in the path of progress and has a turnover of Rs 10-15 crore with approximately 50

people working for the company.

THE SOUTH INDIA PAPER MILLS LTD. NANJANAGUD

The Printing and Packaging Division of The South India Paper Mills Ltd was

introduced during 2007-2008 in order to deliver outstanding products to paper based

packaging material industries. The company has advanced board and box making

equipment to enrich the quality of Linerboard and Fluting material and also has newly

reinvested in the paper division. The paper plant is located in Nanjanagud, Karnataka and

has a potential of about 200 MT/day. Company’s USP- “The Company’s support extends

beyond supplying quality corrugated products into suggesting cost optimization by

redesigning the packaging and suggesting changes that bring down the overall cost of

packaging for its regular customers” (www.sipaper.com).

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USHA LEXUS HOTEL, MYSORE

Usha-Lexus Hotels and Resorts are an association of India’s meritable "The Usha-

Lexus Group." Ever since 1992 Usha-Lexus Hotels and Resorts have spread their fame

across the country and operate in seven regions like Mysore, Bangalore, Goa, Khajuraho

and Manali. These hotels are intended for both business travellers and tourists and offer

world-class facilities and luxuries. Apart from world-class luxuries Usha-Lexus Hotels

and Resorts also contain eminent restaurants where the patrons can relish regional cuisine

from India and various other regions. Company’s Vision- “The Company's vision is to set

a benchmark in the hospitality industry by providing high standards of comfort and

luxury for the discerning business and leisure travellers”. Company’s Mission- “To

perfect the fine art of hospitality by providing our guests with state-of-the-art facilities

and impeccable service we aim to make every stay a memorable one”

(http://www.ushalexushotels.com/mysore).

SOUTHERN RAILWAYS MYSORE DIVISION

South Western Railway came into existence by integrating restructured Hubli

division from South Central Railway with Bangalore & Mysore divisions of Southern

Railway. Its headquarters is located in Hubli and started operating from 1st April 2003.

This railway region covers routes passing through Karnataka, Andhra Pradesh, Goa,

Maharashtra and parts of Tamilnadu. During the year 2013-2014 the revenue for Indian

railways was approximately Rs.1441.67 billion(US$23 billion) which involves Rs.375.0

billion (US$6.1 billion) from passenger tickets and 940 billion(US$15 billion) from cargo

(www.swr.indianrailways.gov.in).

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KARNATAKA SOAPS AND DETERGENTS CO. BANGALORE

The Government Sandalwood Oil factory was set up by the emperor of Mysore

Nalwadi Krishna Raja Wodeyar and Diwan Sir, M. Visvesvaraya in the year 1916 in

Mysore. The firm was set up to excerpt sandalwood oil from sandalwood and introduces

the world-class natural sandalwood oil globally. This was presented to the world by

Government Soap Factory, Mysore. The company’s approximate turnover in the year

2011-12 was Rs. 262 crore. The company’s vision statement: "Karnataka Soaps &

Detergents Limited will leverage latest soap manufacturing technology and information

technology by imbibing professional management techniques to improve its functional

activities, transparency, business and to transform itself into a modern, professional

organization in the FMCG market in India and also to spread its fragrance in the FMCG

global market" (www.mysoresandal.co.in,http://blog.gice.in/industrial-visit-to-karnataka-

soaps-and-detergents-limited/).

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