Bangalore University

INTERNSHIP PROJECT REPORT

“ORGANIZATIONAL STUDY OF THE MEHER CAPACITORS PVT LTD”

Submitted in partial fulfillment for the requirement

For the post graduation of
MASTER OF BUSINESS ADMINSTRATION
Submitted by
RANGANATHA H.P.
(Reg no- O8QZCM6078)
Under the guidance of
Lect. NAGENDRA KUMAR S

BANGALORE INSTITUTE OF MANGEMENT STUDIES

[An Organization of Pramod Educational Trust]
Approved by AICTE, New Delhi, India, Affiliated to Bangalore University,
Recognized by Govt of Karnataka
#35,opp. R.V. College of Engineering, Mysore Road, Bangalore-560059
 DECLARATION

I hereby declare that this report entitled “INTERSHIP TRAINING”

conducted at MEHER CAPACITORS PRIVATE LIMITED BANGALORE,
KARNATAKA in the month of July 2009 and has submitted the reports
towards partial fulfillments of the requirements of MBA course of Bangalore
University, is prepared and submitted by me under the guidance of Lect.
Nagendra kumar s

I have not submitted this work for any other Universities or Institutions
for the award of any fellowship or degree

Place: Bangalore SIGNATURE

Date: (RANGANATHA H.P)

Reg.No-O8QZCM6078

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 ACKNOWLEDMENT

Let, me use opportunity to say a word of thanks to all those people who helped
me to bring out this internship project report.

I express my deep sense of gratitude to my guide Lect. NAGENDRA KUMAR

S. Human Resource Management faculty, The Bangalore institute of
management studies, for his valuable guidance, frequent supervision and
encouragement which I required from him thought out the preparation of
internship report.

I also extend my thanks to Mr. EKAMBARAM head of the production

maintenance Department in MEHER capacitors pvt ltd for offering me this
specialized opportunity to do this internship training.

My special thanks to my parents and my lovely sister, my close friends and all
my well wishers.

I am very much thankful to Mr. WILSON PAUL General manager of MEHER

capacitors pvt ltd, which was helped me to bring out this internship report
efficiently.

I will extend my regards to all the employees and workers who gave me great
support to carry out this report

RANGANATHA H.P

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 Dedicated to

My beloved parents.

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CONTENTS

CHAPTER NO CONTENTS PAGE NO

1 INTRODUCTION 7-9

2 COMPANY PROFILE 10-17

3 ORGANIZATION STRCTURE 19

4 ORGANZATIONAL DEPARTMENT STUDY 20-34

5 PRODUCT PROFILE 35-42

6 SWOT ANALYSIS/ VISION, MISSION 43-46

7 ANNEXURE 47-50

8 FINDINGS, SUGGESTION AND CONCLUSION 51-53

9 BIBLIGROPHY 54-55

TABLE & GRAPH CONTENTS Page no

1 GRAPH-ORGANIZATIONAL CHART 20
2 A/C & FINANCE CHART 22
3 PRODUCT FUCTION CHART 25
4 MARKETING CHART 27

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Bangalore Institute of Management Studies, Bangalore Page 6
 CHAPTER 1

INTRODUCTION

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INTRODUCTION

Capacitor industry plays a vital role in the economic development of our

country. This industry is closely linked with the major developments.

In the 21st century, as the population is increasing day by day, the demands for
requirements are also growing But the resources are less to fulfill these
requirements .Power is one of the main requirement but nowadays it’s not
sufficient due to which the power shortage is occurring .Here the industry of
capacitors comes into the picture. This industries produces equipments like low
and high tension capacitor, automatic power factor correction panels, capacitor
Banks, etc. By using this equipment, we can reduce the level of power
consumption

These equipments can be used in any sector where the power consumption is
more, such as agriculture, cement, steel, tool making industries, Electricity
board, Big industries areas, etc. These machines also reduce accidents, short
circuits, etc.

Today the country is by and large self sufficient in respect of these items. Infect,
during the last decade, the industry has made enormous progress and has grown
both in size and diversity. With the growing demand of these equipments this
group of industry is expected to grow in near future.

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SALIENT FEATURES OF CAPACITORS.

 Explosion proof construction self-healing

 Trouble free long life

 Available in both Aluminum, Plastic and metal box construction

 Leak proof

 Easy to connect and handle and low loss

 Providing with terminal or wires for connection

 Withstand high voltage

 Providing with PSD on special order.

ELECTRONIC INDUSTRY

Electronics is one of the fastest growing segments of the Indian industry.

Today, the electronics industry is completely delicensed with the exception
aerospace.

The electronic industry in India constitutes less than 1% of the global

market. The demand for these products however is growing rapidly and the
investments are flowing in to augment the manufacturing capacity
Among manufacturing industries, the electronics industry occupies a key
position in modern science and technology. It plays a vital role in the
fields of atomic energy, communications, defense, education,
entertainment and space technology. Until the 1970’s the electronic

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 industry was the most protected of all the Indian industries. The country’s
electronics policy strongly favored self-reliance and technology and
capital imports were strongly discouraged. This resulted in the electronics
industry being highly underdeveloped till the late 1980’s. The industry
was very inefficient producing outdated and low quality models at a very
high cost.
Electronic industry is a fastest growing sector in India, this sector start
from minute electronic items to large size transformers, capacitors etc,
without the support of electronic instruments no one company run. Its
also contribute in the improvement of the economic condition of the
nation

India remains a major importer of electronic materials, components and

finished equipment amounting to around $20 billion (Rs84000 crore now)
in 2008. The country imports electronic goods mainly from China
In the last four years, production of computers has grown at a
compounded annual growth rate (CAGR) of 31%, the highest among the
various electronic products in India. This has been followed by
communication and broadcast equipment (25%), strategic electronics
(20%) and industrial electronics (17%).
India is the fifth largest economy in the world and has the second largest
gross domestic product among the emerging economies. Owing to its
large population, the potential consumer demand is ever increasing and
consequently under appropriate conditions, strong growth performance
can be expected. The liberalization of the Indian economy that began in
1991 has started changing regulatory, financial, and monetary policies
leading to a higher pace of growth. The electronics industry is already a
world leader.
Several new themed zones will make their debut in 2009, reflecting the
latest technological developments in the fast-paced electronics industry,
namely Computer & Peripherals, Digital Imaging, Electronic Gaming
and Healthcare Electronics

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 CHAPTER-2

COMPANY PROFILE

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COMPANY PROFILE

INTRODUCTION
MEHER was founded in 1977 for the production and marketing of low tension
capacitors.
Application of capacitors for power factor improvement was the first step
towards Reactive Power Management (RPM), then a new concept in India.
RPM has, since then, grown to embrace many other functions like regulation of
active and reactive power flows, harmonic mitigation and Power Quality (PQ)
enhancement.
MEHER capacitors private limited was registered in Bangalore at 1984 for the
manufactures of low and high voltage capacitors. This organization was situated
in white field where it produced only small range of capacitors.
25kVr was manufactured in January 1988 where the new technology was
established with new plant at Attibele. There was low and high tension
capacitor in 1984, the assembly of panel’s section was started. Later as it grew
in 1994-1995 the assembly of control panels was also started.
The market was initially done by NGEF during 1984-91, since 1993 till date
Larsen and Turbo are carrying it out.

The organization has been awarded with the prestigious certification of ISO
9001:1994 by Mis.BVQI-Bure au Verities Quality International [holding]-SA,
London with effect from January 2001 and the company have been consistently
meeting the requirements of the quality standards in all their activities.
Design, manufacture supply, installation and commissioning and after sales
service of capacitor units, APFC panels, harmonic filters of both L&T and HT
application and custom built products according to customer specification.

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PRODUCTS & SERVICE
Better use of the energy MEHER produce is an important way to reduce CO2
emission, by reducing fossil fuel usage. MEHER plays an active role in
protecting our environment by providing efficient solutions in Reactive Power
management.
Manufacturing unit
The company has having a highly equipped and modern manufacturing plant is
in Attibele industrial area which is equipped with state of art production system
and test equipments. MEHER capacitor is 2nd largest capacitor manufacturing
company in Asia.
One of the valuable parts of MEHER manufacturing plant is highly modernized,
level wise QUALITY testing and quality assurance.
Collaborators:
Larsen and Turbo presently undertake marketing of the company’s products and
services in India and this has been going on since 15years. L&T has helped
MCPL to achieve high standard and competence.
Branches:
Meher has only branch, which any known as WTK. It is in collaboration with a
German company, which is successfully earning profits.

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Identification of new area:
Meher continues to identify new application areas as constantly as they can. The
company’s products, systems and services have been availed off by diverse
industry such as Textile, Chemicals, and steel etc. due to their widely
manufactured products and being India’s leading manufacturing company, they
are in quest for new industries. The company has also made substantial
deliveries to various state electricity boards and undertakings, both in India and
Abroad.
Employees
The company recognizes that its most valuable assets is its PEOPLE and
endeavors to provide to its employees a conducive work environment,
opportunity for updating of competence and constant awareness of customer
satisfaction.
Employees are being trained properly in every field so that they will be able to
work in any field. Every year, a training calendar is prepared for the better of
work.
Social Obligation
Meher plays a vital role to various social institutions to help poor and needy.
They conduct seminars in various institutions time to time to make the students
and people aware about the need and importance of the products to reduce the
consumption of power.
Team work
Teamwork is the ability to together towards the common vision. It’s the ability
to direct individual accomplishment towards organizational objectives. It’s a
fuel that allows common people to attain uncommon results. In Meher the
teamwork is outstanding and thus, their achievements are excellent. The
company’s goal for equity, efficiency and customer satisfaction are met through
teamwork and continual quality improvement.

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Infrastructure facilities:
FACILITIES AVAIALABLE FOR MANUFACTURING OF MATERIALS
ARE
 Winding machines element testing machine metal spraying machine
 Curling machine welding machine
 Heating ovens
 AC plant for environment conditioning
 Series resonance test setup for HT capacitors
 Capacitance and tan delta measuring bridge with accessories
 DC and AC testing equipments
 Toenail stability test chamber for LT & HT capacitor
 Winding machine is used for winding the film
 Element testing machines are used for winding material whether it is
appropriate or not
 Spraying machine is used for spraying the zinc on the top and bottom part
of winded material
 Curling machine is used for sealing of the cells after filling.
 These are latest sophisticated machines, and out of these some of the
machines are imported from other countries to make the work easy, fast
and time saving.

MEHER AS LEADER
The company has a policy of continuous development and innovation in
products and application and this is an important reason for the company being
recognized as a leader in the field of electrical energy. The company accepts
responsible for the total scope of its delivers and does not deliveries and does
not deliver defected items.

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QUALITY POLICY OF MEHER CAPACITORS Pvt Ltd
 Meher capacitor has an abiding faith in customer satisfaction as the key to
sustain and growth of the company.
 The management is committed to consistence to quality, continual
improvement and safety of the company’s operation and employees.
 The company’s goals for quality, efficiency and customer satisfaction are
met through teamwork and continual quality improvement.
 The quality objectives shall be achieved through
Ensuring companies goals for customer needs and satisfaction
 Respect and recognition for employees
 Providing right tools, aids and environment for all activities
 Committed to quality in all suppliers and services
 Providing training and up graduation of knowledge and skills of
employees.
 Ensuring safety and health of company’s
 Adaption of fair business practice
 Development of vendors as quality conscious partners
 Providing documents and resource for verification when required
Building an image of quality and reliability to be a leading organization

STATE-OF-THE ART TECHNOLOGY

The company has a state of art production plant covering 6000sq.ft a situated in
plot at Attibele industrial area in Bangalore. The well designed plant layout
enables smooth movement of materials from one stage to next stage with
various operation being carried out sequentially

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The manufacturing process is systematic, ensuring high productivity. Meher
capacitors are continuously working on introduction new technology for
manufacturing process.
TYPES OF CAPACITORS
MD XL ULTRA CAPACITORS
HEAVY DUTY CAPACITORS
SUPER HEAVY DUTY CAPACITORS
HEAVY DUTY CAPACITORS-GAS FILLED
STANDARD DUTY OF CAPACITORS.

LARSEN&TURBO limited is among the words major manufactures of low

voltage switchgear. Its scale sophistication and range meets global benchmarks.
L&T established leadership position in the Indian market over a decade ago and
now has a growing presence in international markets.
In addition to high quality from its own factories, L&T seeks out the best in
reactive power management and power quality products from companies who
meet its benchmark and offers these products in the Indian market.
Reactive power management and power quality products from meher are part of
the world-class products offered by L&T.
MEHER is a 30years young Indian organization engaged in manufacturing of
RMP & PQ products and systems. It is an ISO-9001:2000 BEQ1 certified
manufacturing company. It has global state of art design & manufacturing
facilities.
MEHER has the largest installed base of RPM & PQ products and system in
India and has a significant global presence. MEHER is also the largest suppliers
for power factors correction capacitors in India.
Meher manufactures all type capacitors designs in both low & medium voltage
customers set the widest choice of products, system and total solution in RPM
&PQ.
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L&T –Meher views its role as a complete solution provider for RPM&PQ by
not only offering products and system but also service such as harmonic &
reactive power flow studies through the vast and largest network of expert
service providers in India.
L&T-Meher also offers training programme for RPM&PQ at its training. L&T –
Meher is committed to the market in the field of RPM&PQ by providing end
to end solution.

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 CHAPTER-3

ORGANIZATONAL STRUCTURE

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 ORGANIZATION CHART
ORGANIZATIONAL CHART

Board of Directors

Managing Director

Director customer Executive Director

Support

Quality assurance Director Director NPEB Capacitors Engineering

commercial Operation Department

Management SER
Representative Production Production Sales
Management Services

Material management System Sales and Accounts Work Accounts Officer

Services Exports Department

System Engineering-1 System Incoming Material Finished Goods

Engineering-2 stores Stores

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 CHAPTER-4
ORGANZATIONAL DEPARTMENT STUDY

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ACCOUNTING AND FINANCE FUNCTION

STRUCTURE OF FINANCE FUNCTION

Managing Director

General Manager

Finance Manager

Supervisor

Accountants Clerks

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WORKING CAPITAL MANAGEMENT

Working capital management is concerned with the problem of that arise in

attempting to manage. The current assets and current liabilities relationship that
exists between them. The term current assets refers to those assets, which in the
ordinary course of business can be or will be converted into cash within one
year without undergoing a diminution in value and without disruption of
operation. The goal of working capital management is to manage the firm’s
current assets and liabilities in such a way a satisfactory that level of working
capital is maintained. The company avail the working capital from the
nationalized Bank in the form of over draft account.

TRADE CREDIT
Trade credit refers to the credit extended by the suppliers of goods and services
in the normal course of transaction/business/ sale of the firm according to trade
practices; cash is not paid immediately for purchases but after an agreed period
of time. In case of Meher capacitor credit the suppliers allow period with in
30days.

ACCCOUNTS RECIVABLE/ RECIVABLE MANAGEMENT

The term receivable is defined as dept owes to the firm by the customers arising
from sale of goods or services on ordinary course of business when a firm
makes an ordinary sale of goods or services and does not receive payment. The
firm grants trade credit and creates accounts receivable, which could be
collected in feature.

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TYPES OF SOFTWARE FOR ACCOUNTING PROCEDURE
The software which is used for the purpose of accounts they use Tally software
of 7.1 version which covers all recent updates accounting standards and also
tally software of 7.1 version covers VAT concept which marks very easy for
company to fill the tax according rules and regulation.

ACCOUNTING POLICIES OF MEHER CAPACITORS

1. FIXED ASSETS
Fixed assets are stated at cost of acquisition less depreciation except land at
Attibele, which is shown at revalued cost
2. DEPRECIATION
Depreciation on fixed assets has been calculated on the straight line method at
the rates specified in schedule XIV of the companies Act 1956
3. INVENTORIES
Raw materials & work in process are valued at cost. Finished goods are valued
at cost or net realizable value whichever is less
4. INVESTMENT
Investment are valued at cost
5. RETIREMENT BENEFITS
Gratuity is provided as per opinion 2 of the LIC group gratuity scheme PF
payable is accounted and paid to the provident fund commissioner
6. BORROWING COSTS
Borrowing cost including interest and other expenses for specific borrowing of
funds that are attributing to acquisition, construction and fabrication of fixed
assets are capitalized till they are put to use.

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 7. GENERAL
Accounting policies not specifically referred to conform to the generally
accounting practices.

PRODUCTION FUNCTION

STRUCTURE OF PRODUCTION

Managing Director

General manager Technical

Manager Production Manager Manager- Manager Manager

Production R&D Quality Dispatch HRI

S W H Production Dept R&D Production Dept

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For each and every category different planning is made. All the category raw
material they will prepare indent and give it to purchase department.
Then the purchase dept, material dept and other dept of production dept will
discuss with general manager technical then will take decision about the
procurement. Material requisition note is given to purchase department for the
procurement process.
Purchase department will select the suppliers who are approved by ISO for the
selected the suppliers. The orders will be placed, whatever material procured it
will be the inspected then whatever defected material found will be rejected
note will be issued.

MATERIAL DEPARMENT & STORES DEPARTMENT

Material department in Meher capacitor holds a special significance because of
various categories of products and models are use in the production process.
Material department will discuss with other department in the production dept
and according to the previous requirement and production advancement,
decision is made procure material.
Stores department has separate storerooms in which materials, finished goods
are stored and also storerooms designed such a way that raw material can be
used easily.

RESEARCH AND MANAGEMENT

For the purpose of R&D they have separate place, and all the expenses are made
with respect to the process of R&D and special engineers and experts are hired
for the process.
For the purpose of motivation they have made approach called “team leader”
i.e. in each production process a team leader is made and testing him
responsibility and authority to achieve standard goals.

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Every day the performance is evaluated with the chart including the standard
production rate and actual production rate.

STUDY OF MARKETING FUNCTION

STRUCTURE OF MARKETING DEPARTMENT

Managing Director

General Manager MKT

AGM MKT
Assistant Manager
Christopher B

MKT Dept

Sales Executives

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CHANNELS OF MARKETING
Direct marketing is done by the sales force
They use dealers and distributers
They also have for online service or transaction basically the company follows
two types of marketing channels they are direct selling and marketing with L&T
Company.
Direct selling-
The company is recruiting their own marketing executives on salary basis,
target is allocated to them they sale product to the customer directly.
L&T company–
They basically collaborate with L&T marketing company to sell their products.
PACKAGING
Sticking company’s name to that product does packaging of the product very
prominently and also attractively.
PRICING STRATEGIES
Pricing will made according to the market situation and market demand for the
product.
Price will also depend on the cost of the raw material in the present market and
the overheads of the company. They also do not compromise quality and
customer satisfaction.
PROMOTIONAL STRATEGIES
Advertisement is the main tool for the purpose of promotion. Those are
Magazines
Newspaper
Hoardings
Electronic media-internet.

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MARKET INFORMATION AND INTELLEGENCE
Basically marketing information and intelligence is done by the sales force and
AGM of marketing department of the company.

CUSTOMER RELATIONSHIP MANAGEMENT

Customer relation is maintained at a good faith in the Meher capacitor. They
maintain constant touch and interaction with customer and they will receive
feedback and they attend to it.

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HUMAN RESOURCE FUNCTION

INTRODUCTION
To develop an organizational culture where superiors subordinate relations,
teamwork and collaboration among different sub units must be strong and
contribute to the organization health, dynamism and employees pride.
In short Human Resource Department aims at helping people to acquire
competencies required performing their functions well and make their
organization do well. Thus the Human Resource Department has become very
popular in the last decade and especially the Human resource network of human
resource development. In an organization and a profession body the
advancement of knowledge skill, value and attitude in human resource
development are done through education, training and sharing experience.

Human Resource Department in an organization context is a process where

employee of a organization are continuously helped in a planned way to acquire
capabilities required for performing various tasks or functions associates with
their present or future expected roles. To develop they’re general enabling
capabilities as individual so that they are able to discover and utilize their own
inner potential for organizational development purpose.

Now a day’s human resource development departments are known as personnel

department. In organizations the human resource development functions are
taken care by the personnel department. The main functions of the personnel
department are
Administration
Welfare measures
Good industrial relations.

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ADMINISTRTION
The administration activities are as follows:
Recruitment
The main sources of recruitment are
Open advertisement
Management trainees
Campus selection
Vacancies to be filled by recruitment in department will be notify to the
personnel department in employment requisition form, on respect of which
personnel department will take steps for recruitment of personnel after obtaining
approval, if any from the competent authorities.

A.1. Interview and selection

The personnel department in consultation with the head of the departments
concerned scrutinize application received in response to advertisements and list
of candidates to be called for interview will drawn up.
The human resource development manger will constitute the selection
committee. Once the candidate is selected he as to go through a performance
test after six months.
Wages and salary administrative.
The salary for the employee is given according to their qualification,
designation and experience. They are being given an annual increment every
year. Almost 65% of the salary to employees is given through IDBI bank. Job
categorization according to work force.
Group A- general manager
Group B-manager
Group C- section in charge.

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Group D- Operators/workers.
Grievance
A grievance means a complaint affecting an individual workman in regard to
payment wages, overtime, leave, transfer, promotion, seniority, work
assignments, working condition, designation, and non extension of any welfare,
amenity or benefit due shall be dealt by human resource development
department.
Settlements regarding Retirement, Death etc
Settlement such as provident fund, gratuity, leave etc on the date of retirement,
resignation, death, termination and voluntary retirement will be dealt in this
section.

Gratuity for the service rendered by the employee according to the gratuity Act
is 15 days salary for every completed year of services. The entire employees
who come under provident fund Act must contribute minimum 12%. The
employee should at least a minimum period of 5years in the organization only
he will be eligible, provident fund of Rs 100 per year.

WELFARE MEASURE
Consistent with the policy of the company through its employee and their
families happy and contended, it is operating a number of schemes to promote
their welfare.
Employees labors welfare fund scheme.
A fee of 2% is given to the children of employees. Other facilities like medical
and transport facility is provided.
Canteen facilities:

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The canteen facility is on a contract basis. For the conveyance of the employees.
Workings in the factory division’s canteens are run where food, coffee, tea and
snacks are served.
Transport facilities:
For all the employees they provide conveyance through bus, vans cabs etc, and
to who these facilities are not there, to them travelling allowances is provided.
Safety equipment:
Employees are provided safety equipments such as rubber pads, hand gloves,
safety boots etc to ensure complete safety of employees from the risks involved
arising out of accidents during performance of duties

PERFORMANCE APPRAISAL:
A performance appraisal system is a strong tool in the development of human
resources in the organization. It is consider as a mutual feedback to the
management and thereby help to decide the carrier growth, training needs and
other human resources development interventions required for each of them
there by aiding their self-development.

Performance is the way forward for every individual and for the company as a
whole. It is therefore vitally important that every individual has a clear
understanding of his or her work, objectives and responsibilities, because
performance will measure against these..

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Performance management must create a shared vision of purpose and aims of
the organization. It must help each individual to understand and recognize their
part of contribution to the organization success and there by managing and
improving the performance of the both individual and organization. High
performance by way of performance management is the only guarantee for
survival in an unpredictable and dynamic world.

Managers have to continuously motivate their employees besides considering

other factors that enables superior’s level of performance.

Infrastructure
It is the responsibility of the department heads to identify, defines, provide and
maintain appropriate work facilities that are required for the performance of
activities, processes and service in order to ensure conformance and specified
requirements. Facilities shall include adequate workspace and associated
utilities, equipments, hardware and software, suitable maintenance and other
necessary supporting services. To achieve the performance of activities,
processes, end products, delivery and service to the customer’s satisfaction the
necessary quality plans, work instructions, drawings, test procedures and
checklist are being prepared and adopted.

Work Environment

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MCPL management recognizes that the most valuable asset is its people.
Therefore, the management and head of departments consider the work
environment as corporate criteria and endeavors to provide its employees of a
conducive work environment. This criterion of work environment includes
regulation and statutory requirements such as safety and health, ambient
working condition etc., and MCPL consider the above as the minimum
requirements of all departments.

OPERATING PROCEDURE OF TRAINING IN MEHER

Purpose of the training program
 To establish a procedure for providing training to MEHER capacitors
private limited personals and customers.
 To give suitable knowledge to the employee.

Total number of employees are in MEHER

The company is having skilled and unskilled personnel’s approximately 230
number of employees are working, it includes factory workers and casual
factory workers. In those more than 40 employees are executive employees
means engineers, and department heads, and also managers are there.

Method of training program is using by MEHER

The Meher is using the method of training program is On-the-Job training
method. In that in house trainers will give training to the employees. Some time
the MEHER is arranging for guest lecture for their employees they’re all
12members of in house trainers are there in the company.

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 CHAPTER-5

PRODUCT PROFILE

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PRODUCT PROFILE

capacitors

power
capacitor,
film
capacitors

capacitors APFC Reactors

LT & H 19R 80R 83R MPP

capacitors 93R HPC AGP 73K
types

MD XL ULTRA CAPACITORS

APPLICATIONS:
Pf correction in LV network.

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Fixed power factor correction for motors, transformers etc.
APFC systems.
Harmonic filters.

Features:
 Special tissue paper with heavy edge metallization on both the sides for
better electrical contact.
 Capacitors in unique quadrilateral shaped metal enclosures mechanically
well suited for ‘stand alone’ installations.
 Heavy edge metallization to ensure high inrush current withstand
capability up to 400X in.
 Continuous working temperature up to 80 degree celcious.
 Oil impregnated capacitor.
 Suitable for flexi-banking.

Safety:
Self healing
Discharge resistors
Pressure sensitive disconnector
Available in non-polluting, non PCB, bio-degradable.

Super heavy duty capacitors

1. MPP-SHD (90R)
Application
 PF correction in LV network
 Fixed power factor correction
 APFC systems
 Harmonic filters
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Features
 Capacitors in rectangular shape within built indicator coil
 Heavy edge metallization/wave cut edge to ensure high inrush current
with stand capability up to 350Xin
 Special resistivity and profile of metallization for enhanced life.
 Suitable for flexible banking
Safety
 Self healing and pressure sensitive disconnector
 Non-PCB, PU resin filled
 Protective steel enclosure and discharge resistor.

2. APP (20F)

Application
 PF correction in LV network
 Fixed power factor correction
 APFC systems
 Harmonic filters
Features
 Bi-axially oriented hazy to ensure good oil impregnation.
 Suitable for flexi banking
 High inrush current with stand capability
 Especially vacuum processed, oil impregnated design.
Safety
 Internal fuse design
 Non-polluting and non PCB oil.

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  Protective steel enclosure and discharge resistor.
HEAVY DUTY CAPACITORS – GAS FILLED
MPP-G (63G)

Application
Fixed power factor correction, motors, and transformers.
APFC system and harmonic filters.
Features
 Best suited for APFC due to compact space saving design unique
‘clamptite’ finger proof termination
 Heavy edge metallization/wave cute edge to ensure high inrush current
with stand capability up to 250Xin
 Special resistivity and profile of metallization for enhanced life.
Safety
 Self- healing
 Discharge resistors and pressure sensitive disconnector
 Available in non-polluting, non Sf6 inert gas.

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Standard Duty Capacitors
MPP-S (83R)

Suitable for application in…

Fixed power factor correction e.g. transformer / motor compensation

Automatic power factor correction systems

Harmonic filters

Special design to allow banking of several units in cases where large

compensation is required.
Available in single phase design for special applications
Inrush current withstand capability - 200 x In
Finger proof CLAMPTITE terminals to reduce risk of accidental contact
& to ensure firm termination in cylindrical construction
Bushing terminals designed for large cable connection and direct bus bar
mounting for banking for rectangular construction

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 Available in rectangular and cylindrical construction
Optimized design to ensure low weight, compactness and reliability
Twin protection: Self-healing + Pressure Sensitive Disconnector (PSD)

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DE-TUNED HORMONIC RECATOR

Reactors are used along with capacitors to from De-tuned

Harmonic Filter
Capacitors can be any of the following types
 MPP-H-Rectangular or cylindrical
 MPP-G-cylindrical
 APP-Reactor
 MDXL-Rectangular
Application
 Detuned filters for mitigating harmonics
 Available in 5.6, 7&14%
Features
 High linearity and compact size and convenient mounting
 Low losses and low noise level
 CPRI tested and IS: 5553

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THYRISTOR SWITCH
Application
 Simplicity of installation and compact
 Status display and self diagnosis
 Elimination of inrush current and user friendly indications and control.

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 CHAPTER-6

SWOT ANALYSIS

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SWOT ANALYSIS

While conducting strategic planning for any of the company it is useful to

complete an analysis that takes into account not only your own business but also
your competitors business and the current business well. The following
description will highlight the strength, weakness, opportunity and threats of the
Meher capacitors pvt ltd

STRENGTHS
Strengths means what the Meher capacitors pvt ltd does well, the following are
some of the important strengths are
 The world 3rd largest capacitors manufacturing company
 Competitive price of products is a most powerful weapon of the
company
 Highly equipped and modern technological manufacturing plant
 Quality control of products in each stages and technological
quality checking of each products
 Using the highly qualitative raw materials
 Sufficient human resource power
 Customer satisfaction through supplying products at in time
 Providing the good services to customers for standard and non-
standard products
 Skilled and highly experienced departmental heads
 L&T is the major customer to the products

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WEAKNESS
It is the area where the Meher capacitors has to struggle
 Capacity of the plant is not fully utilized
 There is less scope for diversification of the products
 Employees and workers are not satisfied in their work, salaries and
working nature
 The company is not able to get enough grants from various financial
institutions
 Lack of good relationship between the management and workers
 There is no unity between the workers and there is any workers union in
the company

OPPORTUNITIES
 Growing power industry
 Availability of skilled workers and policy support
 Huge export opportunities and government support
 All types of industries tries to minimum use energy, capacitors main
function is to save the energy
 Having great opportunity to become a number one leading company in
the Asia
 Availability well connected road network
 There is good scope for company to grow in the present market because
of the benefits given by the government to use capacitors.

THREATS
These are inside and outside things that there could be damage the business of
industry they are

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  Fluctuating policies of the government and ecological imbalance
 There is a fluctuating the product design for standard and non-standard
products
 Economic crisis and high cost for installation of plant
If in case L&T stop the marketing of the products Mission and objectives of
Meher capacitors Pvt Ltd

MISSION
To be a leader in the field of development and manufacturing. For this the
management is trying their level best to be consistent in quality, continual
improvement and safety of company’s operation and employees. The company
works with a mission quality, efficiency and customer satisfaction, which is
being met through teamwork and continual quality improvement.
 The world third largest manufacturing of capacitors
 Quality assurance to all types of heavy duty capacitors.

VISION
Helps to India reduce consumption of power by providing better power
factory correction deceives of production

To save the energy and increasing efficiency of working condition

Providing more number of employment opportunities

OBJECTIVES

Development of skilled personnel

To contribute towards HRD

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Look after employees welfare
Reward for best performance

CHAPTER-7

ANNEXURE

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BALANCE SHEET OF MEHER CAPACITORS PVT LTD AS AT 2008
PARRTICULARS AS AT 31-3-2008 AS AT 31-3-2007
In Rs In Rs
SOURCES OF FUNDS
Share holders fund
Share capital
Reserves & surplus 103285218 74626392

Loan funds
Secured loan and
Unsecured loan 94982781 70939254
Deferred tax liability 12796420 12450764
Total 211064419 158016410

Application of funds
Fixed assets
Gross block 147087498
Less: depreciation 42173790
Net block 104913710 89957572
Investment 100500 6568949
Current assets,
Loans & advances
Inventories 92538726
Sundry debtors 90097554
Cash & bank balance 83215446
Loan & advance 79443505

Less current liabilities 270401331

& provisions 164351122
Net current assets 106050209 61489889

TOTAL 211064419 158016410

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 MEHER CAPACITOR PVT LTD

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED

31ST MARCH 2008

PARTICULARS SCH Year ended 31-3-2008 Year ended 31-3-2007

Rs
Rs
INCOME
SALES 480784387 413946192
Less excise duty 56607085 50362671
424177302 363683621
OTHER INCOME
VARIATION IN STOCK

EXPENDITURE
Material consumed 264255053 226395270
Manufacturing expenses 16524404 14459542
Employees remuneration and benefits 40118303 35333352
Administrative, selling& other exps 47434250 78797159
Financial expenses 17165715 14078976
385497726 369064299

Profit before depreciation 52078763 18662845

Depreciation 7048486 5370488
Profit after depreciation 45030276 13292357
Provision for taxation 15333622 2811456
Provision for fringe benefits 345656 2972773
Profit after taxation 692172 1005873
Less extra ordinary items 28658827 6502255
Provision for diminishing value in
investment 6468449
Balance of profit brought forward from
previous year 62072587 62038782

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Total profit available for appropriation 90731414 62072587
Transferred to general reserve account
Dividend payable
Dividend tax payable

Profit credit to balance sheet 90731414 62072587

MEHER CAPACITOR PVT LTD PROFIT AND LOSS ACCOUNT FOR

THE YEAR ENDED 31MARCH 2008
PARTICULARS PERIOD ENDED-2008 YEAR ENDED 2007
Miscellaneous expenses
Sales promotion 1968512 1515400
Papers & periodicals, meeting exp 146032 169846
Incidental exp 463800 424043
Office exp 404791 393147
Forms & fees/marking fees 1369558 1559914
Sitting maintenance 4000 1000
Factory maintenance 4040681 2433514
Pooja exp. 35253 27564
8432628 6524428

Miscellaneous expenses others 219000 378000

Donations 8651628 6902424
TOTAL

Postage and telegrams 409837 379254

Telephones and telex charges 2464076 2048873
2873913 2428127
Travelling and conveyance
Conveyance 776431 822180
Travelling 5917350 6543664
5917360 7366844
PACKING MATERIAL
Opening stock 534940 598333
Add purchase 6212377 5116121
6747317 5714464
Less closing stock 780413 534940
5986904 5179514
Stores and spares
Opening stock 1291374 1260462
Add purchase 5553930 3

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 6845304 4654871
Less closing stock 121409 1291374
6723895 3363497

CHAPTER-8
FINDINGS
SUGGESTIONS AND RECOMMENDATIONS
CONCLUSION

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FINDINGS
During the course of study it was found that,
 MEHER capacitor’s is one of the fast growing companies. It has a good
technical support from their employees. They are all well qualified
personnel and also they are well trained personnel
 A major portion of the customer uses the heavy duty capacitors
 Majority portion of the capacitors purchased by L&T
 The company should give good training facilities to their employees
 The company having highly equipped modern manufacturing plant
 Meher capacitors strength is quality control and quality assurance

SUGESSIONS AND RECOMMENDATION

 Company has to give the preference for the six sigma concept
 Build the relationship between workers and management
 Solve the employees problems frequently
 Human resource management should be properly organized
 Company should take more promotional activities in which add plays a
crucial role, it can used to boost the sales figure
 Providing the recreational facility to the workers to reduce the boredom
from long duration of work
 The company must substantiate the pricing of its product and use new
technology
 The company using only on-the-job training but they should provide of-
the-training
 The company doesn’t have any management personnel they are having
only the technical personnel’s so they have to recruit some management
personnel’s to increase their fare in administrative level

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  Company must be utilize the human resource and technological resource
effectively

CONCLUSION
 Meher capacitors pvt Ldt policy is to service continuously for
improvement of their products, services and also to give quality
products to their customer to increases their creditability in the field
of capacitors
 Training is being conducted for the entire staff especially for the
workers to train them in all the field for job rotation
 Meher capacitors has highly qualified and talented departmental heads
that is specialized is advanced field of mechanical design, system
engineering, and production technology
 Meher is having big market representation and a good customer
relation with the help of L&T
 Meher has established good network all over india and abroad
 To reach the global demand effectively, the company has to
strengthen its functional areas
 Keeping in mind the increasing demand for quality products they have
produced a wide range of capacitors

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 CHAPTER-9
BIBLIOGRAPHY

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BIBLIOGRAPHY
1. Quality system manual of meher
2. ISO9000 manual 1998
3. MEHER brochures and manuals
4. Website- www.meher.com
5. News papers – industrial manual, Business line, Financial daily
6. Search magazines
7. Electrical india
8. Industrial development.

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