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Subash. M.S Industry Profile
Subash. M.S Industry Profile
Subash. M.S Industry Profile
Manufacturing holds a key position in the Indian economy, accounting for nearly 16 per cent
of real GDP in FY12 and employing about 12.0 per cent of India’s Labour force. Growth in the
sector has been matching the strong pace in overall GDP growth over the past few years. For
example, while real GDP expanded at a CAGR of 8.4 per cent over FY05-FY12, growth in the
manufacturing sector was marginally higher at around 8.5 per cent over the same period.
Consequently, its Share in the economy has marginally increased during this time – to 15.4
percent. From 15.3 percent. Growth however has remained below that of services, an issue.
That has not escaped the attention of policy makers in the country. Strong growth has been
accompanied by a change in the nature of the sector Evolving from a public sector dominated
set-up to a more private enterprise driven. In fact, according to UNIDO, India (with the
Exception of China) is currently the largest producer of textiles, chemical products,
Pharmaceuticals, basic metals, general machinery and equipment, and electrical Machinery. In
the coming year, the sectors importance to the domestic and Global economy is set to increase
even further as a combination of supply-side Advantages, policy initiatives, and private sector
efforts set India on the path to a Global manufacturing hub.
Top Five Manufacturing Companies
• TVS Motors.
• Asian Paints.
• Videocon Group.
India has emerged as a global manufacturing hub due to its cost competitiveness, skilled
workforce and favourable government policies. Furthermore, the most fundamental factor
fostering growth in the sector is the presence of strong market locally. India is one of the
fastest growing economies. The Consumer trend in the country is enabling domestic players to
flourish and also attracting international players. During FY11, 41 out of 121 manufacturing
sub-sectors registered excellent growth of more than 20 per cent. While the sector
predominantly has been expanding, just five of 121 sectors shrunk during the period. Though
the sector has registered strong growth in the past, the Indian market offers a wide range of
untapped opportunities. India, which has placed high priority on infrastructure development,
offers high growth for cement and power equipment manufacturers, with its current
consumption pattern way below the world average.
Another example is prospects in the food processing industry. The world’s second most
populous country and one of the largest food producers processed a meagre six per cent of the
perishables. The evolving trends of manufacturing off-shoring in India, as seen in the
automobile sector, and the growth of manufactured exports, portrayed in subsectors such as
gems & jewellery and textiles, illustrates the long- term sustainability of growth in the sector.
o Gulf lubricants
o ELF India
COMPANY PROFILE
TYPE Government
NUMBER OF
EMPLOYEES 250
WEBSITE www.balmerlawrie.com
CONTACT NO 033-22225218
Today Balmer Lawrie has six business units - Industrial Packaging, Greases &
Lubricants, Leather Chemicals, Travel & Vacations, Logistics and Refinery & Oil Field
Services with offices spread across the country and abroad.
HR department is core part of the company because is concerned with people who are
responsible for the attainment of organizational goals and organization growth and making this
to happen is the responsibility of HR department.
Company is recruiting the workforce through advertisement in the newspapers, television, with
the help of consultancies, portals, employee reference and websites etc
Through organizing aptitude test for the candidates, then the process of pre- screening is
performed by the head of particular department, then finally HR discussion to select the
candidate for a concerned department will be done.
1. Placements
The job is offered to the finally selected candidates with agreed designation roles and
responsibilities in the company.
2. Induction
Induction is the program where in employee will be made aware to the work culture, rules
regulations, peers and staff and to the concerned officers. Whenever the different departments
are in need of employees, the HR Department helps them out by providing efficient
employees to their required work this will be done through job rotation. Multi tasking
employees to ensure a team work to achieve the objectives and smooth flow of work.
Identifying the best talent and use it in the best practices. Setting and aligning individual work
goals with company objectives. Building trust and instilling loyalty.
This policy governs all aspects of employment including, selection, job assignment,
compensation, discipline, termination, and access to benefits and training.
Any employees with question or concerns about any type of discrimination in the work place
are encouraged to bring these issues to the attention of their head of the department or
HUMAN RESOURCE DEPARTMENT. Employees can raise concerns and make reports
without fear of reprisal. Anyone found to be engaging in any type of unlawful discrimination
will be subject to disciplinary action, up to and including termination of employment.
EMPLOYEEMENT CATEGORIES
EMPLOYEE BENEFITS
Eligible employees at Balmer Lawrie are provided a wide range of benefits. A number
of programs cover all employees in the manner prescribed by law. Benefits eligibility is
dependent upon a variety of factors, including employee classification. Your (Human
Resources Department) can identify the program for which you are eligible. Details of
many of these programs can be found elsewhere in the employee handbook. The
following benefit programs are available to eligible employees:
ESIC
Provident Fund
Gratuity
The benefit programs require contribution from the employee beside employer’s contribution.
5. WORK SCHEDULE
The normal work schedule for all the employees and associated members are 8hours a day,
Monday to Saturday. Head of the department will advise the employees and associated
members of the time, their schedule will normally begin & end. Staffing needs and operational
demands may necessitate variations in starting & ending times, as well as variations in the
total hours that may be scheduled each day & week. An employee is considered absent if he or
she is not present for work as scheduled in time. Reporting for work regularly & on time is
essential, since lateness or absences interfere with the daily running of company
& place an extra work load on fellow employees. Failure to report to work onetime &
This department is the key position of the organization; it looks over the Maintenance of the
entire organization.
6. Providing mid-day meal to the employees whose 50% charge will be paid by the company &
50% by the employee
TRAINING AND DEVELOPMENT
• Increased productivity
• Reduced cost.
• Reduction in supervision
"To be a leading diversified corporate entity having market leadership with global presence
in the chosen business segments, consistently delivering value to all stakeholders, with
environmental and social responsibility”.
BOARD OF DIRECTORS
The company is managed under the overall guidance of the Ministry of Petroleum &
Natural gas by a Board of Directors comprising experienced professionals.
A.Ratna Sekhar Director [HR & CA] and Chairman & Managing
Director (Additional charge)
Adhip Nath Palchaudhuri Director [Service Business]
Perin Devi [Government Nominee Director]
Sandip Das Director [Finance & CFO]
Kushagra Mittal [Government Nominee Director]
Vikash Preetam [Independent Director]
Arun Tandon [Independent Director]\
Arun Kumar [Independent Director]
Anil Kumar Upadhyay [Independent Director]
B. D. Shivhare [Independent Director]
COOs/SVPs
Besides the Board of Directors, the COOs & SVPs play a significant role in managing the
Company.
SBU: Greases & Lubricants (G&L) received the Best Lubricants Supplier Award from Tata
Motors Ltd., Spare Parts Division for the year 2018-19.
PRIMARY OBJECTIVE
To study the Effectiveness of work Life Balance of the employees in Balmer Lawrie & Co.
Ltd
SECONDARY OBJECTIVES
To analyse the factors influencing Work Life Balance of employees.
To examine the perception of employees in the Organization.
To review the impact of Work Life Balance towards employee performance.
To suggest measures to improve the Work Life Balance of employees.
In today’s age, many workers are seeing their personal responsibilities increase, from
childcare and elderly care, to volunteer work, and family commitments. This comes at a
time when their work responsibilities are also increasing, resulting in a conflict between
personal and work commitments and an increase in stress.
Another factor which is contributing greatly to the difficulty in achieving a work life
balance is the changing landscape in how and where employees are expected to work. As
more and more companies embrace the technological age and move into globalization, work
is no longer restricted to the workplace. Employees can work from almost any location with
the use of laptops, tablets, and smart phones; and telecommuting is on the increase.
Employees can access work emails and assignments 24/7, meaning that they can also be
accessible to employers and clients. Although there are multiple benefits to this flexible
working pattern, it can run the risk of blurring the lines between work and personal life.
Remote working also means that staff may now find that their typical work week is no
longer restricted to the traditional 40 hours a week.
An employee’s satisfaction in their personal life and their ability to meet personal
commitments greatly affects their success as a worker, which greatly benefits any company.
Helping employees to achieve a good work life balance increases work satisfaction,
increases their loyalty to their employer, and helps employers to achieve career longevity. A
company which recognizes these benefits and implements policies to promote a work life
balance is one which will not only see an increase in the productivity of their workforce but
which also sees increased retention of staff and reduction in costs associated with high
turnover.
The need for the study is to determine the factors affecting Work Life Balance and how it
impacts the employees in Balmer Lawrie & Co.Ltd. To study about this, I have done
surveys through e-forms and forms presented to the employees in the company. The
information I gained were also presented as suggestions to the company.
LIMITATION TO THE STUDY
To study this topic, sincere efforts have been put to collect relevant, updated and accurate
data from various respondents. But, during the study certain problems were faced and those
are very important to be highlighted.
Language Barrier: For the respondents, interviews were conducted in English and Tamil.
Some of them were not in a position to understand the subject matter of the Survey and
provided irrelevant information.