Detailed Project Report on Knitted Gloves

KNITTED GLOVES

[EIRI/EDPR/1075] J.C.: 9719INR,714US$

INTRODUCTION

A knitted glove (Middle English from Old English glof) is a garment covering the hand. Gloves have separate sheaths or openings for each finger and the thumb; if there is an opening but no covering sheath for each finger they are called "fingerless gloves". Fingerless gloves with one large opening rather than individual openings for each finger are sometimes called gauntlets. Gloves which cover the entire hand or fist but do not have separate finger openings or sheaths are called mittens. Mittens are warmer than gloves made of the same material because fingers maintain their warmth better when they are in contact with each other. Reduced surface area reduces heat loss.

A hybrid of glove and mitten also exists, which contains open-ended sheaths for the four fingers (as in a fingerless glove, but not the thumb) and also an additional compartment encapsulating the four fingers as a mitten would. This compartment can be lifted off the fingers and folded back to allow the individual fingers ease of movement and access while the hand remains covered. The usual design is for the mitten cavity to be stitched onto the back of the fingerless glove only, allowing it to be flipped over (normally held back by Velcro or a button) to transform the garment from a mitten to a glove. These hybrids are called convertible mittens or glittens, a combination of "glove" and "mittens".

Knitted Gloves protect and comfort hands against cold or heat, damage by friction, abrasion or chemicals, and disease; or in turn to provide a guard for what a bare hand should not touch. Latex, nitrile rubber or vinyl disposable gloves are often worn by health care professionals as hygiene and contamination protection measures. Police officers often wear them to work in crime scenes to prevent destroying evidence in the scene. Many criminals wear gloves to avoid leaving fingerprints, which makes the crime investigation more difficult. However, not all gloves prevent fingerprints from being left on the crime scene, depending on the material from which the glove is made

Fingerless gloves are useful where dexterity is required that gloves would restrict. Cigarette smokers and church organists use fingerless gloves. Some gloves include a gauntlet that extends partway up the arm. Cycling gloves for road racing or touring are usually fingerless, as are sailing gloves.

Knitted Gloves are made of materials including cloth, knitted or felted wool, leather, rubber, latex, neoprene, and metal (as in mail). Gloves of kevlar protect the wearer from cuts. Gloves and gauntlets are integral components of pressure suits and spacesuits such as the Apollo/Skylab A7L which went to the moon. Spacesuit gloves combine toughness and environmental protection with a degree of sensitivity and flexibility.

Expensive women's fashion knitted gloves are made in France, Canada and other countries. For cheaper male gloves New York State, especially Gloversville, New York is a center of glove manufacturing. More and more glove manufacturing is being done in East Asia, however.

COST ESTIMATION

Plant Capacity            40,000 Pairs/Day

Land & Building (1000 sq.mt.)    Rs. 95.25 Lac

Plant & Machinery                    Rs. 12.25 Lac

Working Capital for 1 Month    Rs. 9.56 Cr

Total Capital Investment          Rs. 10.79 Cr

Rate of Return                          34%

Break Even Point                      33%

CONTENTS

KNITTED GLOVES

MENS KNITTED GLOVES

INTRODUCTION

HISTORY

KNITTED GLOVES IN FASHION

FINGERLESS KNITTED GLOVES

MITTENS

STANDARDS

PPE PLACES GLOVES INTO THREE CATEGORIES:

MARKET SURVEY

1 MARKET DESCRIPTION: INDUSTRIAL DEMAND AND PRODUCTION

INDUSTRIAL DEMAND

PRODUCTION

OPPORTUNITIES AND THREATS

OPPORTUNITIES

THREATS

2 TRADE CHANNELS FOR MARKET ENTRY

TRADE CHANNELS

PRICE DEVELOPMENTS

METHODS OF PREPARATION

OTHER COMMERCIAL METHODS

KNITTED GLOVE

(FIRST EMBODIMENT)

(SECOND EMBODIMENT)

CAPABILITIES OF EXPLOITATION IN INDUSTRY

GLOVE KNITTING METHOD

KNITTED GLOVES AND METHOD OF PROCESSING EDGES OF GLOVES IN THE KNITTING PROCESS

THE FIRST EMBODIMENT

THE SECOND EMBODIMENT

THE THIRD EMBODIMENT

GLOVE KNITTING APPARATUS

KNITTING MACHINES AND METHODS OF KNITTING

NEEDLE SELECTION DATA MAY BE PROVIDED.

THE CONCEPT HAS THE FOLLOWING ADVANTAGES:

WHERE:

PROTECTIVE KNIT GLOVES

COMPLETE PLANT SUPPLIERS

SEWING & KNITTING MACHINE, TOOLS & EQUIPMENT

APPENDIX – A:

01. PLANT ECONOMICS

02. LAND & BUILDING

03. PLANT AND MACHINERY

04. OTHER FIXED ASSESTS

05. FIXED CAPITAL

06. RAW MATERIAL

07. SALARY AND WAGES

08. UTILITIES AND OVERHEADS

09. TOTAL WORKING CAPITAL

10. TOTAL CAPITAL INVESTMENT

11. COST OF PRODUCTION

12. TURN OVER/ANNUM

13. BREAK EVEN POINT

14. RESOURCES FOR FINANCE

15. INSTALMENT PAYABLE IN 5 YEARS

16. DEPRECIATION CHART FOR 5 YEARS

17. PROFIT ANALYSIS FOR 5 YEARS

18. PROJECTED BALANCE SHEET FOR (5 YEARS)