Assets Management in Textile Sector-A Case Study of Bombay Dyeing

Abstract

The profitability of any company depends on various factors, one such factor is assets management. Higher the utilization of assets, higher will be the profit. There will be a decrease in returns if the assets are underutilized. Therefore to maximize the profits, the assets are to be utilized to the optimum level and investments should be made on such assets only. While considering such investment proposal, utmost care has to be taken. Moreover, the selection of proper investment proposals is very significant because of the serious drawbacks like, inflexibility and uncertainty.  In this paper an attempt is made to study the assets management practices in textile sector in general and Bombay Dyeing in particular.