Professional Documents
Culture Documents
Mba Summer Intenship
Mba Summer Intenship
PRIVATE LIMITED.,
THIRUVALLUR - 631 203.
Submitted by
G. VIJAYAGANTH
(Register Number: 110318631032)
ANNA UNIVERSITY
CHENNAI – 600025
JULY 2019
GRT INSTITUTE OF ENGINEERING AND TECHNOLOGY, TIRUTTANI
(AFFILIATED TO ANNA UNIVERSITY)
BONAFIDE CERTIFICATE
G.VIJAYAGANTH
(REG NO. 110318631032)
ACKNOWLEDGEMENT
With the divine blessing of god, I take immense in pleasure in starting the
Professor and Head of the Department of Management studies for his motivation and
My special thanks to my internal guide also Mrs. SILAMBU MAM, MBA Assistant
Professor of the Department of Management studies for his suggestion from time to bring this
project successfully.
I wish to thank all other faculty members of MBA Department for their co-operation
and encouragement throughout my implant training successfully.
Last but not the least; I thank my parents, friends and my brothers who were
very supportive me during this training.
TABLE OF CONTENT
1 INTRODUCTION 1-2
3 COMPANY PROFILE 5
5 ORGANIZATION CHART 16
6 DEPARTMENT 17-32
7 FINDINGS 33
8 SUGESSTIONS 34
9 CONCLUSION 35
CHAPTER 1
INTRODUCTION
Internship program is designed to provide students engaged in a field experience with an
opportunity to share their insights, to explore the links between students's academic preparation
and their field work and to assist participants in developing and carrying out the major research
project which will serve to culminate their internship experience.
As per regulations laid by the ANNA UNIVERSITY, MBA students has to undergo practical
training in a reputed organization for a period of 6 weeks as a part of the curriculum and submit a
report at the end of the training. On the basis of this regulation NIRMITI PRECISION PRIVATE
LIMITED
To know about the internships will provide students the opportunity to test their interest
in a particular career before permanent commitments are made.
To know the internship students will develop skills in the application of theory to
practical work situations. Internship students will develop skills and techniques directly
applicable to their careers.
❖ To know about the internships will aid students in adjusting from college to full-time
employment. Internships will provide students the opportunity to develop attitudes
❖ Trained employees may be better and economical use of materials to equipment so that
experience can be controlled.
The period of training is too short to learn in deep about the company.
INDUSTRY PROFILE
In India, as in many other countries, the auto industry is one of the largest industries. It is
one of the key sectors of the economy. The industry comprises of automobile and the auto
components sectors and encompasses commercial vehicles, multi utility vehicles, passenger cars,
two-wheelers, three-wheelers, tractors and related auto components. The industry has shown
great advances since deli censing and opening up of the sector to foreign direct investment (FDI)
in1993. It has deep forward and backward linkages with the rest of the economy, and hence, has
a strong multiplier effect. This results in the auto industry being the driver of economic growth
and India is keen to use it as a lever of accelerated growth in the country. Since the first car
rolled out on the streets of Mumbai (then Bombay) in1898, the Automobile Industry of India has
come a long way. During its early stages the auto industry was overlooked by the then
Government and the policies were also not favorable. The liberalization policy and various tax
reliefs by the Govt. of India in recent years have made remarkable impacts on Indian Automobile
Industry, which is currently growing at the pace of around 25% per annum, has become a hot
destination for global auto players like Volvo, General
Motors, Ford, Hyundai, Tata motors and other big players who are emerging slowly.
Today Indian automotive industry is fully capable of producing various kinds of vehicles and can
be divided into 03 broad categories: Cars, two-wheelers and heavy vehicles. A well-developed
transportation system plays a key role in the development of an economy, and India is no
exception to it. With the growth of transportation system the Automotive Industry of India is also
growing at rapid speed, occupying an important place on the ‘canvases of Indian
Economy. During the early stages of its development, Indian automobile industry heavily
depended on foreign technologies. However, over the years, the manufacturers in India have
started using their own technology evolved in the native soil. The thriving market place in the
country has attracted a number of automobile manufacturers including some of the reputed
global leaders to set their foot in the soil looking forward to enhance their profile and prospects
to new heights. At present about 75 percent of India’s automobile industry is made up by small cars,
with the figures ranking the nation on top of any other country on the globe. Over the next two or
three years, the country is expecting the arrival of more than a dozen new brands making
compact car models. The automobile sector of India is the seventh largest in the world. In the
year, the country manufacturers about 2.6 million cars making up an identifiable chunk in the
world’s annual
The growth of the economy have resulted in the auto industry contributing relatively low
(nearly 5 per cent) share of industrial output in India compared tithe 8-10 per cent range in other
developing countries such as Mexico and Brazil and much higher (15-17 per cent range) in
developed countries such as the United States and Germany. Even the share of employment is
low at 2.5 per cent for the auto industry in India compared to 3-7 per cent in developing
countries and around15 per cent in mature economies. The economic liberalization that dawned
in India in the year 1991 has succeeded in bringing about a sustained growth in the automotive
production sector triggered by enhanced competitiveness and relaxed restrictions prevailing in
the India soil. A number of Indian automobile manufacturers including Tata Motors, Maruti
Suzuki, Mahindra and Mahindra, and TVS motors have dramatically and internationally to attain
its rightful place in the world trade. A global recession for last two year notwithstanding, the
industry has shown appreciable resilience and adjusted to the challenges of the environment.
There are at present 13 manufacturers of passenger cars and multi utility vehicles, 7
manufacturers of commercial vehicles, 11 of 2 or 3 wheelers and
tractors besides 4 manufacturers of engines.
The industry has an investment of a sum exceeding US$ 10 billion. During 1999-2000
the turnover of the automotive industry as a whole was US$ 12.5 billion approximately. The
industry employs 500,000 people directly and more than 10 million people indirectly and is now
inhabited by global majors in keen competition.
SEGMENT KNOWHOW
Among the two-wheelers segments, motorcycles have major share in the market. Hero
Honda 50% motorcycles to the markets. In it Honda holds 46% share in scooter and TVS makes
82% of the mopeds in the country. 40% of the three-wheelers are used as goods transport
purpose. DiMaggio holds 40% of the market share. Among the passenger transport, Bali is the
leader by making 68% of the three-wheelers contribution to the market. Cars dominate the
passenger vehicle market by 79%. Marti Suzuki has 52% share in passenger cars and is a
complete monopoly in multipurpose vehicles. In commercial vehicle, Tata Motors dominates the
market with more than 60% share.
Tata Motors is also the world’s fifth largest medium & heavy commercial vehicle
Manufacturer. The passenger car and motorcycle segment in India auto market is growing by 8-9
per cent. The two-wheelers segment will close 11.5% rise by 2007.Commercial vehicle to grow
by 5.2%. Passenger vehicle exports have grown over five times and two-wheelers exports have
reached more than double. Exports of auto components, whose manufacturing costs are 30-40
per cent lower than in the West, have grown at 25% a year between 2000 to 2005.
Unlike the USA, the Indian passenger vehicle market is dominated by cars (79%).
Tata Motors dominates over 60% of the Indian commercial vehicle market.
On the revenue side, OEMs are active in the booming passenger car market in India.
By 2011, India is expected to witness over Rs 40,000 core of investment. The automobile
industry in India is on an investment overdrive. Be it passenger car or two-wheelers
manufacturers, commercial vehicle makers or three-wheelers companies
COMPANY PROFILE
Since Nirmiti Group of Industries is one of the leading manufacturing companies in India
having its 4 divisions with our highly motivated and quality focused team across our group of
companies, we could have built very successful business ventures in very short span. Our Group
of companies is a leader in quality among its peers and therefore a preferred vendor. Quality
certification – TS16949:2009 (1 plant + 1 in process), ISO 9000:2008 (2 Plants) Over 500
Employees engaged in Production, Engineering, Development, & other activities.
Nirmiti Precision Private Limited’s Annual General Meeting (AGM) was last held on 29
September 2017 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet
was last filed on 31 March 2017.
Directors of Nirmiti Precision Private Limited are Ulhas Vasant Pradhan, Swati Vivek
Kulkarni, Vivek Sadashiv Kulkarni and Sadashiv Hari Kulkarni.
We have two separate units one is at Satpur (Nasik, Maharashtra) & other is at San and
( Ahmedabad, Gujarat) we are among top 5 suppliers to our customers and a single source for
80%of the products& Components Manufactured by us. We are supplying critical components to
our esteemed customer like Automotive Seat Sliders, Seat Slider mechanism parts, Memory
Mechanism assemblies, Front Side members, Towel Handle Bar, Connecting Links, etc.
We have separate manufacturing units for Electrical DB’s & Coil at Nasik (Maharashtra).
Other than these separate units we have ancillary unit for L&T at ahmednagar (Maharashtra) We
are among top 2 suppliers to our customers and a single source for the products and components
Manufactured by us. Also, we export coils to our esteemed customers.
We have separate unit for tooling at Nasik (Maharashtra) to cater requirements of our
Automotive& Electrical stamping units. Also, this unit undertakes tooling orders for external
customers.
4) AUTOMATION:
SPM, Assembly Line, Fixtures, Gages as per Customer Requirement. We have recently
expanded our Automation division as separate unit at Nasik (Maharashtra). This unit undertakes
projects as entire solution for Assembly line set up as per customer requirement, SPM for various
requirements, Critical checking gages, Fixtures etc. Marmite Group has grown at over 40%
CAGR over the last 5 years and is expected to maintain this CAGR over the next 5 years.
INFRASTRUCTURE
The 8 imported presses including with capacity from 45 Tons to 250 tons with n-house
TOOLROOM at Nasik with CAD, Radial Drilling, EDM, Argo milling machines, Surface
grinding machines, Lathe machines etc. giving us capability to manufacture and Maintain Tools,
Dies and Fixtures.
The 17 imported presses with capacity from 60 tons to 400 tons with in-house TOOL
ROOM.
TOOLROOM ( Sanand )
At Sanand with, Radial Drilling, Milling machines, surface grinding machines, Lathe
machine etc. giving us in-house capability to Maintain Tools, Dies and Fixtures.
WELD SHOP
CUSTOMERS
OUR MISSION & VISION
We deeply and respectfully consider people, nature, provide more value, safety and
convenience to mankind. We exist to represent the universal value of safety n consideration of
our customers and their surrounding environment and embody sustainable growth to build a
trustworthy company.
QUALITY POLICY
The policy of our management with regard to quality, stresses total customer satisfaction,
by adhering to the customer specifications, delivery schedule and obtaining their faith in terms of
reliability and dependability of all Auto Electrical Parts manufactured by our company.
CHAPTER 4
PRODUCT PROFILE
THE PRODUCTS:
Tubular Components
We provided our customers with high quality press tools & dies, which are used for
manufacturing product for its accuracy and efficiency, these can be customized according to the
client’s requirements, We use the latest technology available which includes the upcoming and
modern software called CAD, pro E, this helps s to analyze and emulate any product effectively
even before it takes shape. All the press tools& dies manufactured by us are thoroughly checked
& tested for optimum quality and precision quality, our range of press tools & dies are capable of
producing all complex designs including three-dimensional forms.
We design and manufacture jigs and fixtures with latest and easy clamping system and
use proper locating systems to improve the productivity and quality of our jigs and fixtures.
Our range of manufacture jigs and fixtures are capable of producing all complex designs as
per client requirement
Progressive dies use multiple stations within one die to form the part. Material is moved
along the die while a different operation is performed at each station. Progressive dies are used to
manufacture complex part and high production runs. They offer high precision, reproducible and
economic manufacturing. Tooling choices are based on material, quantity, cost requirements and
delivery schedule. All-New Stamping’s experienced staff will recommend, design and
manufacture the most efficient tooling for your production.
PARTS ON PROGRESSIVE TOOLS
PRESS COMPONENT
The production and manufacture of sheet metal components for the Data, Electrical and
Heating industries for the past fourteen years. The two owner operators have at least sixty years’
experience between them in sheet metal manufacturing and design. They have at their disposal
the latest in design software and computerized machinery, and pride themselves on supplying a
cost effective quality product delivered on time and with having the manufacturing plant onsite
achieve this with relative comfort ability
SEAT BRACKETS
TUBULAR COMPONENTS
These tubular components are known for its performance. Fabricated using finest quality
of metal and latest technology, this tubular component is preferred by our clients. We are
mfg. Precision aluminum drawn tubes/rods for turned components industry.
PARTS ON COMPOUND TOOLS
ASSEMBLIES
ELECTRICAL & ELECTRONIC ASSEMBLES
The IP66 rationg allows Orion plus GRP to be used in the toughes oudoor conditions and
be assured ofa total protection againstaiborne particles and high pressure water jets.
CHAPTER 5
ORGANISATION STRUCTURE
CHAPTER 6
DEPARTMENT
PURCHASE DEPARTMENT
Purchase departments help maintain the financial health of organizations by procuring
goods and services that meet operational needs while providing the highest value. The
procurement policies and procedures they establish ensure that their organizations operate with
integrity in the marketplace. Purchase departments keep operations moving smoothly by
monitoring supply chains and relieving department heads of tedious tasks such as negotiating
contracts with vendors. The role a purchase department plays in an organization depends on the
size of the organization.
The purchasing department serves the needs of internal customers by procuring the good
and services they need in a timely manner. The purchasing staff also serves the organization’s
financial wellness by seeking out and purchasing goods and services that offer the lowest prices
and best value.
Purchase Department Staff
A purchasing manager supervises the procurement department staff and works closely
with organization executives such as the chief operating officer, office manager and chief
financial officer to plan and oversee budgets. A purchasing manager must maintain close
communications with department heads to understand their needs and the role their purchases
play in the organization. For example, a purchasing manager for an online retailer must have a
working knowledge of the role network server’s play in the company’s operation.
Purchasing agents cut costs by taking advantage of discounts and rebates that other
people in their organization might miss. They identify technological trends that might streamline
and reduce costs in areas such as production or distribution.
Step 6: Delivery
The purchase order must be delivered, usually by fax, mail, personally, email or other
electronic means. Sometimes the specific delivery method is specified in the purchasing
documents. The recipient then acknowledges receipt of the purchase order. Both parties keep a
copy on file.
Step 7: Expediting
Expedition of the purchase order addresses the timeliness of the service or materials
delivered. It becomes especially important if there are any delays. The issues most often noted
include payment dates, delivery times and work completion.
Meaning
Quality management ensures that an organization, product or service is consistent. It has
fourcomponents: Quality planning, Quality assurance, Quality control, Quality improvement.
Quality can be defined as fitness for intended use or, in other words, how well the product
performs its intended function.
Approve or reject all raw materials, packaging materials, labeling and finished products
Review all production records for accuracy and completeness before approving for
distribution
Quality control is something that's a key part of almost every industry and every job. You
probably engage in your own form of quality control several times a day. If you proofread
your e-mail before you send it, that's a form of quality control. Even this article is the result of a
type of quality control system. The editor who publishes it onto the HowStuffWorks.com Web
site will check the published version for things like spacing issues, image size and position and
broken links.
It's a similar process in auto manufacturing. But you can't put something through quality
control until it's actually built. So, in automobile manufacturing, quality control starts with the
prototype of a car. From there, the prototype is put through its paces.
Employee Empowerment
In the TQM Philosophy, employees are considered a vital part of the quality management
process. They are empowered to make decisions, their contributions are valued, and their
suggestions are implemented. In order to ensure they are able to make logical, valuable
contributions, employees are given quality tools and extensive training.
As already mentioned, quality tools are important for ensuring that employees are able to
make valuable and informed decisions and contributions. They must also receive extensive
training to help them understand access quality via quality control and measurement tools. This
gives employees the ability to accurately interpret their findings and effectively correct
problems.
Product Design
Most concepts of the TQM Philosophy apply only to the company itself, but the supplier
quality management concept extends to outside suppliers. It is built upon philosophy that
suppliers who strive to meet the company’s needs help the company meet their customer’s needs.
In many cases, as long as the supplier meets preset quality standards, materials are accepted
without inspection, which helps to speed up the overall production process.
PRODUCTION DEPARTMENT
Meaning
Production is the functional area responsible for turning inputs into finished outputs
through a series of production processes. The Production Manager is responsible for making sure
that raw materials are provided and made into finished goods effectively.
❖ Purchasing
❖ Stores
❖ Works
PRODUCTION CYCLE
HUMAN RESOURCE DEPARTMENT
Meaning
3)Handling Compensation
The human resources department is responsible for various aspects of employee
compensation. The department typically handles employee payroll and ensures employees are
paid accurately and on time, with the correct deductions made. Human resources departments
also manage compensation programs that include pensions and other fringe benefits offered by
the employer.
4) Employee Benefits
The human resources department manages all aspects of employee benefits, including
health and dental insurance, long-term care or disability programs as well as employee
assistance and wellness programs. The department keeps track of employee absences and job-
protected leave, such as family medical leave. Human resources department representatives
ensure employees receive the proper disclosures regarding benefit eligibility or if benefits are
no longer available because of a layoff or termination.
5) Employee Relations
The human resources department handles employee relations matters within an
organization. Employee relations involves employee participation in different aspects of
organizational activities. The department maintains the relationship between employees and
management by promoting communication and fairness within the company. The department
also handles disputes between employees and management, as well as disputes between the
company and labor unions or employee rights organizations.
6) Legal Responsibilities
The human resources department is responsible for interpreting and enforcing
employment and labor laws such as equal employment opportunity, fair labor standards,
benefits and wages, and work hour requirements. The department also investigates harassment
and discrimination complaints and ensures company officials remain compliant with United
States Department of Labor regulations.
Responsibility of HR
1) Decreased Productivity
Poor human resources planning can have a negative effect on workplace productivity.
Unproductive workers are not enthusiastic or engaged in their job duties and responsibilities.
In many cases, poor management, lack of motivation and changes in organizational structure
are at the forefront of an unproductive workplace.
2) Ineffective Recruitment
The human resources department typically handles an organization's hiring practices.
The department works with managers to determine hiring needs as well as to interview and
assess the skills of potential job candidates. Unorganized and poorly planned hiring practices
may lead to the employment of unqualified and inept workers. An HR department that does not
plan practical recruiting strategies could negatively impact the integrity of the workforce.
3) Employee Turnover
Poor human resource planning could lead to an increase in employee turnover. For
example, employees who voluntarily leave an organization usually have an exit interview with
a member of the HR staff. The purpose of the interview is to give the organization an
indication of the worker's motivation to leave. A poorly planned exit interview could fail to
provide the company with vital information related to employee morale, workplace attitudes or
other information necessary to retain a satisfied and productive workforce.
4) Noncompliance
The HR department ensures a company complies with employment and labor
regulations. Equal employment opportunity laws, the Consolidated Omnibus Budget
Reconciliation Act (COBRA) and the Family and Medical Leave Act are a few of the
comprehensive and complex regulations about which the department must remain
knowledgeable. A department that poorly plans the legal aspects of the workplace could
negatively impact an organization's good standing and reputation. For example, if the
department lacks a well-defined anti-harassment policy and a harassment incident leads to a
lawsuit, the consequences could be devastating to the employer, financially and otherwise.
FLOW CHART FOR HUMAN RESOURCE DEPARTMENT
ADMINISTRATIVE DEPARTMENT
Meaning
.
FINANCE DEPARTMENT
Meaning
Finance Department is the part of an organization that is responsible for acquiring funds
for the firm, managing funds within the organization and planning for the expenditure of funds
on various assets. It is the part of an organization that ensures efficient financial management and
financial control necessary to support all business activities.
The part of an organization that managers its money. The business functions of a finance
department typically include planning, organizing, auditing, accounting for and controlling its
company's finances. The finance department also usually produces the company's financial
statements.
a. Bookkeeping
This is the most basic function of the finance department. It involves the day-to-day
recording, analysis and interpretation of a company’s financial transactions. This will include the
tracking of all expenses (purchases, payments etc.) and sales of finished products. In some
startup companies, this role is often carried out by a bookkeeper who might be replaced by more
specialized payables and receivables clerks as the company grows or expands its operations.
e. Management of Taxes
Running a company involves paying tax, and it is the duty of the finance department to
handle tax issues. This includes creating good corporate relationships with government by
remitting Pay As You Earn to the relevant authority, and ensuring that implementation of tax
matters are done within the framed policies.
FINDINGS OF STUDY
❖ Some of the customers have complained about the slack in the delivery process
and timings.
❖ Therefore, this is the area which I recommend to the showroom to focus a little bit
more.
❖ Need to become little quick and fast. Some of the customers have also complained
about the after purchase services provided by the showroom.
❖ Even though the complaints are minor, the showroom needs to resolve the
customer after purchase service issues in order to achieve customer satisfaction.
CHAPTER 8
SUGGESTIONS
❖ The overall very well and customers buying are much satisfied with the product
given to them.
❖ Purchase department can adopt new technology for packing of the products.
❖ While testing the products they have to ensure the quality of each production.
CHAPTER 9
CONCLUSION
A conclusion is the last part of something, its end or result. When you write a paper, you always
end by summing up your arguments and drawing a conclusion about what you've been writing
about.
This summer internship training, secured me a deep practical and theoretical knowledge about
the functions of various departments. It was very useful to gain knowledge about the various
departments and its managerial functions. It gave me an opportunity to know how the employees
were trained and how they benefited through their human resources policies. Finally concluded
that the exiting functioning of each department is smoothening and effective one