PROFILE

Precot Meridian Ltd. (formerly known as Precot Mills), a leading manufacturer of Yarn and Fabrics, was established in the year 1962 by Mr.V.N.Ramachandran and Mr.N.Damotharan, technocrats in the field of textile technology. Precot Meridian has been in the field of yarn and fabric production for nearly five decades and has gained extensive expertise and knowledge across various verticals. Products manufactured include cotton yarn, sewing threads, fabrics and garments. Precot Meridian is a leading player in the textile industry, with an annual turnover of Rs 600 crores.

Brief history and key milestones

Precot Meridian started its first production in 1964 with an initial capacity of 12,096 spindles at Kanjikode, Kerala. Precot Meridian now has units in the four southern states of India viz., Tamil Nadu, Kerala, Andhra Pradesh and Karnataka with the total spinning capacity of 2,25,000 spindles, 1728 rotors and 117 looms.

Key mile stones

  • From an initial capacity of 12,096 Spindles at Kanjikode, Kerala (A-Unit) in 1964, now the capacity of the unit is 57,600 spindles.
  • In 1983, the second unit (B-Unit) was set up at Hindupur, Andhra Pradesh with an initial capacity of 28,800 Spindles and the current capacity is 69,120 spindles.
  • In 1992, the third unit (C-Unit) was set up at Walayar, Kerala as a 100% Export Oriented Unit with a capacity of 12,096 Spindles and the current capacity is 25,344 spindles.
  • In 1995, an OE Unit (D Unit) was set up at Walayar adjacent to its third Unit with a capacity of 1344 Rotors.
  • In 1998, a yarn dyeing Unit (K Unit) was set up at Kolar, Karnataka to manufacture polyester sewing threads and its capacity is 7 tons per day.
  • In 2001, a modern weaving plant at Sethumadai near Pollachi was set up to manufacture yarn-dyed fabrics.
  • In January 2004, yarn dyeing operations were started at Perundurai, which caters to the needs of the Sethumadai unit.
  • In 2006, Meridian Industries merged with Precot Mills and the name was changed to Precot Meridian Ltd., and the current capacity is 66,154 spindles.
  • Precot Meridian is looking towards green power generation and has invested in 17 Windmills. These windmills cater 50% of the power requirements of units located in Tamil Nadu.

Three dimensional approach towards customer delight

Quality

  • Established Quality assurance methodologies and processes
  • Fine- tuned work culture with focus on Quality
 

Value

  • Cost reduction through in- house Research and Development and value Engineering
 

Delivery

  • Keeping up schedules through a committed work force and high productivity
  • Customer Service through a well connected marketing and after- sales network
   
Quality Systems

Precot Meridian being an ISO 9001 certified company is focused on providing the finest quality yarns and fabrics. In order to meet customer requirements and to ensure their satisfaction, Precot Meridian implemented TQM in all the units for executing ‘5S’ methods of house keeping and 3M methods to control wastage of resources. Quality System is achieved through total employee involvement, technical Innovation and continual improvement.

Quality Control Equipments

Since quality control is the mainstay of Precot Meridian’s success, there are various kinds of equipment introduced at several stages of the manufacturing process. These are some of the equipment used:

  • High Volume instrument for cotton testing
  • Advance fiber information system
  • Uster evenness tester 4 for yarn testing and
  • Tensomax for measuring single yarn strength.

Enterprise Resource Planning (ERP)

ERP Solutions (SAP) is used in the following divisions:

  • Production
  • Quality control in manufacturing units
  • Maintenance
  • Finance
  • Costing
  • Sales and Distribution
  • Materials Management