A Project Report on INDUSTRIAL VISIT (VIRTUAL)

Under the Subject BUSINESS EXPOSURE (19BaBiBu507)

Name of Student: Gauren Nanasaheb Tambe

Class: TY BBA (IB)
Academic Year: 2021-2022

Submitted to:

Progressive Education Society's

Modern College of Arts, Science and Commerce (Autonomous)
Business Administration Campus
Shivajinagar, Pune - 411005.

In the partial fulfilment of Bachelor of Business Administration

(International Business)

Under the Guidance of: Prof. Manoj Yawalkar

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 Progressive Education Society's
Modern College of Arts, Science and Commerce (Autonomous)
Business Administration Campus
Shivajinagar, Pune - 411005.

Date: 26/10/2021

CERTIFICATE
This is to certify that Gauren Nanasaheb Tambe of TY BBA IB has successfully
completed the project of BUSINESS EXPOSURE under my supervision and guidance
towards partial fulfilment of Bachelor of Business Administration (International
Business) degree of Modern College of Arts, Science and Commerce (Autonomous),
Shivaji Nagar, Pune.

Project Guidance: Manoj Yawalkar.

[Internal Examiner] [External Examiner]

Prof. Dr. M. D. Alandikar

Vice Principal (BA Campus)
Prof. Dr. (Mrs.) Neha Dixit
HOD. BBA (IB Dept.)

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 DECLARATION

I, Mr Gauren Nanasaheb Tambe, student of TY BBA IB hereby

declares that this project report on the industrial visit conducted under
the subject BUSINESS EXPOSURE (19BaBiBu507) is my original
work.

The information and date given in this report is authentic to the best of my
knowledge.

Name: Gauren Nanasaheb Tambe

Class: TY BBA IB
Enrolment Number: 8447
Place: Pune
Date: 26/10/2021

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 ACKNOWLEDGEMENT

I, Gauren Nanasaheb Tambe, place on the records with great pleasure and express
my profound sense and sincere and deep gratitude to the help and encouragement for
those who are responsible for fetching us explore depth and provide with the
foundation of valuable knowledge and in experience that I have gained in the
completion of those felicitation project.

I express my deep gratitude to Prof. Manoj Yawalkar for extending his help and
guidance to us. Also, as well to all the other faculty members of our college for
providing inspiration throughout the project work.

I am thankful towards our hon’ble Dr. M. D. Alandikar sir, Vice Principal of Business
Administration Campus for extending his support towards the industrial visit and the
project.

My deep sense of gratitude towards Prof. Neha Dixit madam, head of BBA IB
department for her support.

Thanks to everyone who has directly or indirectly helped me in the completion of this
project.

Name of Student: Gauren Nanasaheb Tambe

TY BBA. IB

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 INDEX

Serial
Name of the Company Page No.
No.

1. Executive Summary 6

2. Objectives of Industrial Visit 7

P.N Gadgil & Sons

3. 8
(Virtual Industrial Visit dt. 26/10/2021)

4. Learning & finding 10

5. Conclusion 11

6. Question & Answers. 12

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 EXECUTIVE SUMMARY

Industrial exposure is required for management students. Exposure in different

activities that is conducted in the industry. gives you an idea about how things work
in real life & you get to apply the theoretical part of your academics.

This visit has discussed about the realistic approach towards the management such
as how they plan operations, promotions, staffing, financing, productions.

What I have acquired from this visit are the manufacturing process and product
management

My report is largely based on manufacturing and production and processing

department which includes understanding the day-day operations, the machineries
and infrastructure.

This virtual visit has enlightened me about the insights of industries, functioning
and objectives.

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 Objectives of Industrial Visit

 An opportunity to get exposure to the real workstations, plants, machines and

systems

 The objective of an industrial visit is to provide us an insight regarding

internal working of companies.

 We understand that theoretical knowledge is not enough for a

successful professional career. With an aim to go beyond
academics, industrial visit provides students a practical perspective
of the work place.

 It provided us with an opportunity to learn practically through

interaction, working methods and employment practices.

 It gives us an exposure to current work practices as opposed to

possibly theoretical knowledge being taught at college.

 Industrial visits provide an excellent opportunity to interact with

industries and know more about industrial environment.

 Industrial visits are arranged by colleges for us with an objective of

providing us an opportunity to explore different sector

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 REPORT WRITING
P.N. Gadgil & Son’s Ltd

There was a Virtual Industrial Visit conducted for the students of TY.BBA (IB) at PN
Gadgil & sons on 27/10/2021 and we were asked to prepare report for the same. The
guest for the Day were Mr. Amit Modak ji the Chief Executive Officer, PN Gadgil
Jewellers Pvt Ltd has more than 30 years’ experience of financial field and holds
degree in commerce as well in Law. He has done Dip. in International Trade, Dip. in
Taxation law and PGDIFM from PUMBA. He is advisory Board Member to MCX
Bullion Advisory Committee. He has won Golden Words award of MCX in 2008. He
has brought professional approach and turned the family run gold smith business into
organized Company format. His vision to open new showrooms in tier 2 and tier 3
cities has paved the success path in a short span of 3 years. Company margins have
improved and are the best in jewellery industry.

It was in the early 19th century, when Gadgil family decided to move for a better future,
from a small village called Trimbak in Malvan Tehsil in the south Konkan of
Maharashtra to Sangli. The family head Mr. Narayanrao Vasudeorao Gadgil continued
with his business of selling towels, which by then had acquired a brand-like status, called
famously as "Gadgili Panche". His son Ganesh learned jewellery business under the
guidance of Mr. Modak, a family of jewellers with roots in Konkan. After getting that
hands-on experience, Ganesh decided to start his own jewellery business in Sangli.
On November 29,1832, he started the business with the name “Ganesh Narayan Gadgil”.
As years passed, Gadgil’s jewellery business started flourishing in Sangli. Two
generations later, Gadgil family named this business as ‘Purshottam Narayan Gadgil’—
after the then family head—which is now a well-known jewellery retail brand.
The jewellery business was limited to Sangli, until 1957, around almost 125 years of its
establishment. In 2012 Purshottam Narayan Gadgil & Company demerged and P. N.
Gadgil & Sons was formed by Mr. Govind Gadgil & Dr. Renu Gadgil. In November
2017 P. N. Gadgil & Sons became Limited Company. The first day business page of
year 1832 (Account) is preserved with Gadgil family.

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P. N. Gadgil & Sons Ltd. is one of the oldest and most reputed Jewellers in
Maharashtra. It has a legacy of over six generations that is built on trust, excellence and
a warm relationship with the customers and the society. Apart from purity and
transparency, P. N. Gadgil & Sons Ltd. is known for excellence in craftsmanship. For P.
N. Gadgil & Sons Ltd. all customers are equal irrespective of purchase.
Our focus on innovation and on changing with the times has kept us at the forefront of
jewellery retail sector in Maharashtra.
P. N. Gadgil & Sons Ltd. is pioneer in bringing new jewellery trends in Maharashtra and
have introduced Temple Motifs, Contemporary Jewellery designs. To connect with
changing aspirations of customers P. N. Gadgil & Sons Ltd. have also introduced Light
Weight, Daily Wear and Designer Collections. To reach out to the Indian and Global
customers P. N. Gadgil & Sons Ltd. has an E-Commerce onlinepng.com platform which
is secured and trusted.

Apart from business, P. N. Gadgil & Sons ltd. is known for Art Initiative platform. Under
P. N. Gadgil & Sons Ltd. Art Initiative we have setup art galleries at various showrooms
to promote art and budding artists. Hundreds of artists have been benefited through this
platform. Today, P. N. Gadgil & Sons Ltd. is present in 3 States, 23 Cities with 29
Showrooms and achieved the milestone of More than 1 Million Satisfied Customers
across the Globe and the number is growing.
P. N. Gadgil” is a trusted Jewellery Brand amongst customers owing to its legacy and
association with quality and purity. “P. N. Gadgil” brand is known for its long-standing
history since 1832. P. N. Gadgil & Sons Ltd. believe that everything begins with a
thought. And if the thought is pure, the rest flows smoothly and purely. We strive to
deliver 100% value for the customer’s money, because we respect their efforts and we
are grateful for their patronage. Every customer is important for us and we deliver the
same sincerity and service to them.

P. N. Gadgil & Sons Limited is an unlisted public company incorporated on 06

November, 2017. It is classified as a public limited company and is located in Pune,
Maharashtra. It's authorized share capital is INR 60.00 cr and the total paid-up capital is
INR 33.77 cr.
P. N. Gadgil & Sons Limited's operating revenues range is Over INR 500 cr for the
financial year ending on 31 March, 2019. It's EBITDA has increased by 157.36 % over
the previous year. At the same time, it's book networth has increased by 49.29 %. Other
performance and liquidity ratios are available
The current status of P. N. Gadgil & Sons Limited is - Active.

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 Learning & findings

 Industrial visits! The term itself instils immense happiness and

excitement in students. The idea of embarking on an educational trip
encourages many. However, for some, this excitement is soon killed
when they are not allowed to go for the industrial visit. Because of
monetary and family reasons, students often avoid these visits. It is high
time that you realise the importance of these visits and take them as an
opportunity to learn about your dream career.

 Industrial visits offer a great source to gain practical knowledge.

Students can observe and learn as to how theatrical concepts are put to
into action, thereby aiding their practical learning. Students are exposed
to real working environment and shown how things are done in an
organisation. From the details about the management to the targets
they achieve, everything is covered in these visits.

 Industrial visits are a complete package which aims at widening the

knowledge of students. It is not just an outing organised by
school/college authorities for fun. These visits are related to your
curriculum, so you get to learn things which are beneficial to you in the
future. They are totally educational in nature with rich learning
experience.

 Also, students are always curious about what kind of work they would be
doing after entering their favourite industry. Through industrial visits, they
can clarify their doubts and silence their curiosities. They can
communicate with people and organisations to get a clear idea of their
dream job.

 The gap between theoretical learning and practical exposure is actually

bridged by industrial visits. The importance of industrial visits is such that
it has been made mandatory in many institutions.
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 Conclusion

From the visit students got the information and knowledge about P.N. Gadgil &
Son’s, knowing about the firm’s info and how the revenue generation. About 70
students were beneficial through this visual industrial meet and also got and
got a chance to interact with Mr. Amit Modak ji the Chief Executive Officer
Also, students are always curious about what kind of work they would be doing
after entering their favourite industry. Through industrial visits, they can clarify
their doubts and silence their curiosities. They can communicate with people
and organisations to get a clear idea of their dream job

Questions and answers

1) What is GDP?
 Gross domestic product (GDP) is the total monetary or market value of all the
finished goods and services produced within a country’s borders in a specific time
period. As a broad measure of overall domestic production, it functions as a
comprehensive scorecard of a given country’s economic health.

2) How Gold Prices get decided?

 Gold is a global commodity. In the international market, the price of gold is determined
by the forces of demand and supply. Higher demand leads to higher price and vice
versa.

3) Relationship Between Inflation and Gold prices

 any non-cash asset technically has a positive relationship with inflation because
inflation means rising prices (hence, when inflation goes up non-cash assets go up and
vice versa). In the case of gold, however, this relationship goes beyond a one-to-one
correlation and becomes a leveraged correlation with inflation.

4) EXIM policies w.r.t import of gold and export of gold jewelry

 Indians love gold and gold is one of the major imports into India. During
financial year 2014-15, India imported 915.54 tonnes of gold, recording an
increase of nearly 38% compared to the previous year. Majority of gold

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 imported into India is in the form of gold bars and in this article, we look at the
procedure for importing gold into India. total amount
of gold jewellery that India exports, plain gold jewellery accounts for almost 50%
of this. Usually, cities like Mumbai, Kolkata and some other cities across
South India export these gold sets and chains. South India, especially Tamil Nadu &
Kerala, are very well-known for their unique gold designs.

5) what is in relationship between crude oil prices and gold prices in

international prices
 In the international market, the price of gold and crude oil is both quoted in U.S.
dollars, and international trade is all traded in U.S. dollars. Therefore, when the
U.S. dollar rises, the price of gold and crude oil fall; when the U.S. dollar falls, the price
of gold and crude oil prices rises the increase in crude oil prices will induce inflation.
Relevant information shows every 10% increase in crude oil prices, the inflation
rate increases by about 1%. Inflation leads to a decline in the purchasing power
of people’s money, which is equivalent to a loss of money. Buying gold can resist
inflation and maintain its value. The expansion of demand for gold eventually led
to an increase in gold prices.
The fluctuation of the US dollar will cause the price of gold and crude oil to
fluctuate in the same direction. In the international market, the price of gold and
crude oil is both quoted in U.S. dollars, and international trade is all traded in U.S.
dollars. Therefore, when the U.S. dollar rises, the price of gold and crude oil fall;
when the U.S. dollar falls, the price of gold and crude oil prices rises.

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THANK YOU!

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