Submitted in Partial Fulfillment of The Requirements For The Award of The Degree of

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INSTITUTIONAL TRAINING REPORT

Done at
DEEPAK IND HYDRAULIC COMPANY, COIMBATORE

Submitted in partial fulfillment of the requirements for the award of the degree of
BACHELOR OF BUSINESS ADMINISTRATION
OF
BHARATHIAR UNIVERSITY

Submitted by
HARI KRISHNAN.M
Register No : 1925F1018

Under the guidance of


Dr.B.ADALARASU MBA., M.Phil., PGDCA., Ph.D.,
Assistant Professor

DEPARTMENT OF MANAGEMENT STUDIES

KG COLLEGE OF ARTS AND SCIENCE


(Affiliated To Bharathiar University)
Saravanampatti , Coimbatore–641035.

NOVEMBER 2021
CERTIFICATE

This is certify that the Institutional training done at “DEEPAK IND HYDRAULIC
COMPANY, COIMBATORE” submitted to the Bharathiar University in partial fulfillment of
the award of the degree of Bachelor of Business Administration with Computer Applications
is record of the original work done by me during the period of study in KG COLLEGE OF
ARTS AND SCIENCE under the supervision of Dr.B.ADALARASU MBA., M.Phil.,
PGDCA., Ph.D., Assistant Professor, Department of Management Studies .

Date :
Place :
…………………………………..
Signature of Guide

Signature of HOD Signature of the Principal

Viva- voce examination held on …………………………

Internal Examiner External Examiner


DECLARATION

I hereby declare that the Institutional Training done at “DEEPAK IND HYDRAULIC
COMPANY, COIMBATORE” by HARI KRISHNAN.M (Register No.1925F1018) in partial
fulfillment of requirements for the award of degree of Bachelor of Business Administration
With Computer Applications submitted in the Department of Management Studies at KG
COLLEGE OF ARTS AND SCIENCE under Bharathiar University is an authentic record of
my own work carried out under the supervisor of Dr.B.ADALARASU MBA., M.Phil.,
PGDCA., Ph.D., Assistant Professor. The matter presented has not been submitted by me in any
other university/ Institute for the award of degree.

Place : Coimbatore

Date :
Signature of the Candidate
HARI KRISHNAN.M
(Register .No : 1925F1018)
ACKNOWLEDGEMENT

I express my sincere thanks to Dr. ASHOK BAKTHVATHSALAM., BE., MS(USA)


Managing Trustee KG College of Arts and Science for providing a pleasant and equipped
infrastructure to complete my industrial training.

I extend my thanks and gratitude to Dr.B.VANITHA MA.,M.Phil.,Ph.D. ADVISOR,


KG College of Arts and Science for giving me an opportunity.

I extend my thanks to Dr. RATHNAMALA, M.Sc., M.Phil.,Ph.D., Principal


KG College of Arts and Science who have provided valuable direction and invaluable advice
throughout the completion of industrial training in a successful way.

I extend my thanks to Dr. P.KRISHNAPRIYA,MCA., M.Phil.,Ph.D., Vice principal


Academic for her valuable support throughout the completion of the internship report.

I extend my thanks to Dr.R.LATHA, MBA.,M.Phil.,PGDCA.,Ph.D. Head of the


Department of Management Studies for her supporting for the completion of this report.

I extend my thanks to my project guide Dr.B.ADALARASU MBA., M.Phil., PGDCA.,


Ph.D., Assistant Professor, Department of Management Studies for her valuable support and
guidance for the completion of this report.

My sincere thanks to DEEPAK IND HYDRAULIC COMPANY, COIMBATORE”


for giving me a golden opportunity to undertake the training and for their valuable project.

I take this special opportunity to acknowledge my special thanks to all my faculty


members of Department of Management Studies for their constant inspiration, assistance and
resourceful guidance throughout the industrial training.
I. INTRODUCTION

Deepak Ind Hydraulic in coimbatore, tamilnadu was established in 2002, are well known
Manufacturers, service provider and suppliers of a wide range of hydraulic cylinder and
hydraulic power packs. Sigma hydraulics in coimbatore offers hydraulic cylinder, hydraulic
power packs, hydraulic press, hydro pneumatic press, clamp cylinder and Material Handling
equipments. Our company is run by integrity and client approach in the way of achieving great
success rate. Sigma hydraulics are committed to meeting customer expectations by providing
safe and reliable products and highest quality in terms of reliability, on time delivery, customer
satisfaction and driving efficiency improvements

This is a powerful machine that can be used to perform a number of applications in mechanical
industry. The process of forging, molding, punching of screws, metal processing, and clinching,
are some of the industrial processes where these machines plays a great role. We strive to
maintain a healthy association with our clients & apply our best to achieve their trust. Moreover,
we provide these aforementioned machines in the different specifications that holds striking
features, giving many options for customers in selecting their preferred range.

Ever since the year of inception, we have been continuing working hard to remain top in the
market. We are facing all the market challenges, in order to sustain a special niche in the market
area; we give result bound solutions to our clients. Our motto is specific and that is to carry out
the business forward in a positive direction with complete customer satisfaction. In addition to,
we impress clients with updated work, visionary guidance, and strategic planning. Apart from
this, we have a world-class unit of production, warehouse and packaging, which helps us in
meeting bulk delivery orders without any type of delays.

Hydraulic systems work with the help of force and fluid. Specifically, they work when force, or
pressure, is applied to a fluid, which causes energy to transfer from one area to another. Inside
these systems, the fluid, which is typically an oil, is controlled either directly or automatically by
control valves. Fluid is distributed through tubes and hoses. Hydraulic systems are very
powerful.
The first hydraulic equipment ever built was the hydraulic press. It was patented in 1795 by the
British inventor, Joseph Bramah. Hydraulic power was first used in England for metal forging,
machinery operation, elevator operation, canal lock operation and bridge section rotation.
Despite the early life of hydraulic equipment, it was Harry Franklin Vickers, an American
inventor, who was named the "Father of Industrial Hydraulics" by ASME. Over a century later,
his most famous invention was the balanced vane pump, which is a kind of hydraulic pump.
However, he also invented the first hydraulic power steering system. His inventions were
important to mechanics, machining and automotives.

Today, the equipment and systems that harness the power of hydraulics are typically high-
powered and heavy duty. Nevertheless, they are quite versatile. Examples of common hydraulic
equipment include: hydraulic presses, hydraulic pumps, hydraulic motors, hydraulic cylinders
and hydraulic lifts. A hydraulic press generates compressive forces and acts like a mechanical
lever. Hydraulic pumps supply fluid to larger hydraulic systems. Next, hydraulic motors convert
hydraulic pressure and flow into torque and rotation. They power systems like mixer and agitator
drives, plastic injection machines, metal shredders, cranes, military vehicles and more.
Meanwhile, hydraulic cylinders offer unidirectional force. They„re common components of
engineering vehicles, construction equipment and manufacturing machinery. Finally, hydraulic
lifts are used to raise, lower, support and move heavy objects or work surfaces.

Modern hydraulic equipment is popular in a number of industries, including: material handling,


construction, roofing, masonry, automotive, aviation and manufacturing. In material handling,
construction, roofing and masonry, hydraulic equipment is used with components like lifts,
bulldozers and cranes. Meanwhile, in the automotive and aviation industries, hydraulic
equipment is used for power transmission and braking applications. Finally, in manufacturing,
hydraulic equipment assists in assembly and automated process
Hydraulic equipment requires the assistance of many different supplies, such as actuators,
accumulators, filters, tubes and valves. They are held together with accessories like seals,
connections and fittings. To make sure that their systems will run safely and effectively,
manufacturers construct hydraulic equipment and hydraulic supplies from materials that perform
well under pressure. Among these materials are rubber, woven wire, stainless steel, cast iron,
brass and more. Unlike non-hydraulic equipment that provides similar services, hydraulic
equipment requires few or no mechanical levers and gears. This is another reason that they are so
widely used.
1.1 INTRODUCTION TO THE ORGANISATION

WELCOME TO DEEPAK IND HYDRAULIC


Deepak Ind is operating from August 2002, and aiming to make Precision Products for various
fields like Brick making Industry, Foundry Automation, Automobile Service Station Automation
and Material Handling Automation. We are Manufacturing Hydraulic Machinery and Spares like
Hydraulic Cylinders & Power Pack etc., and we have started to trading high quality imported
hydraulic seals & spares. In our humble beginning towards leadership in this field, we are
expecting your favorable support and kind co-operation.

ABOUT US
Over a decade's experience, we Deepak Ind Hydraulic, based at coimbaotore, Tamilnadu, India,
are involved in Manufacturing and Supplying Hydraulic Products all over India and the World.
Our product range includes Hydraulic Machineries, Hydraulic Press, Hydraulic Cylinders,
Hydraulic Power Pack, Hydraulic Scissor Lift, Hydraulic Goods Lift, Hydraulic Bailing Press,
Hydraulic Truck Tyre Changing Machine, Hydraulic Pit Jack, Hydraulic Seal Kit, Various Types
of Pumps, Valves and other Hydraulic Accessories.

We are a quality conscious company and are committed to provide world-class material handling
equipment to our clients. Our products undergo quality test so as to provide a range of qualitative
and defect free equipment to our clients.

AIM / VISION / MISSION


Vision Our goal is to emerge as the leader in manufacturing material handling equipments world
over. Mission To cater our clients and humanity in the best possible way by giving way to self
employment opportunities.
INFRASTRUCTURE
We are equipped with sprawling manufacturing unit. In the manufacturing unit we have installed
all the latest and advanced machine which enable the delivery of high quality and durable
products. Support offered by these machines and equipment enables us in manufacturing our
products in bulk. We have state-of-the-art infrastructure facility of international standards.

QUALITY ASSURANCE
Quality has always been our utmost priority. We offer optimum quality of products to our clients
and provide them with nothing less than best. Raw material used in the manufacture of these
products is procured from trusted vendors. Our experts conduct stringent quality assessment right
from the purchase of raw material to the final delivery. Our products just not meet but also
exceed the set quality standards of the industry. The machines are specially crafted to perform
effectively under different circumstances.

CLIENT SATISFACTION
Our paramount mission is to meet all the requirements of our sophisticated clients. We work
fervently to deliver the clients with supreme quality products. We follow ethical business
policies and aim at maintaining long term relationship with the clients. Before the delivery, the
products are checked and inspected by the experts. Our strategies are designed and maintained,
keeping in mind the needs and the requirements of the customers

Quality is our forte and we impart due importance to the adherence of stringent quality testing
measures in our organization. We possess a team of quality assurance analysts, who conduct
various quality tests at each level of the manufacturing process. They ensure that raw material is
duly inspected and quality is implemented during the production process to maintain consistency
in the finished equipment.

The technically accurate equipments manufactured at our outset are quality checked on various
parameters, for their conformance with the globally accepted industry standards.
Some of the parameters on which our industrial equipments are tested are as follows:
1) Strength
2) Safety
3) Corrosion resistance
4) Noise level
5) Power consumption
6) Design compliance

With our aim to automate the industrial processes by offering reliable and sturdy products, we
have acquired a large clientele base, spread across the world. Receiving and efficiently
processing repeated orders from our existing clients, marks our efforts of customer satisfaction.
We are dedicated towards achieving excellence in our products and surpass the expectations of
our clients; as a result, we serve our customers with precision engineered equipment that fulfill
their requirements.

In addition to this, our transparent deal, competitive prices, and timely deliveries have assisted us
in maintaining an amiable relationship with our clients.

Under the supervision of Mr. P. Kannan (Proprietor), we have carved a special niche for us in
this stiff competitive industry. He holds good business experience that helps us to move forward
in the industry. He executes & accomplishes each project with utmost perfection with his
exceptional knowledge & skills.
1.2 INTRODUCTION TO THE INDUSTRY

Hydraulic Industry in India is dependent on the growth of Mobile Hydraulic equipment,


comprising mainly of off-highway equipment such as Backhoe Loaders, Excavators, Mobile
cranes, compaction equipment, wheel loaders, Forklifts, and Agricultural equipment. The
industry has witnessed severe demand pressure owing to the shrinkage in demand for mobile
equipment used in infrastructure, farm equipment, and industrial equipment.

Although post-2011, the demand for mobile equipment has been falling consistently, a trend
reversal of sought began from 2015-16, this owing to strong domestic demand led by increased
Government focus on investments in infrastructure projects, thereby leading to higher demand of
capital equipment. The proportional increase in the demand of Hydraulic components is
anticipated and it will be only fair to say that the industry will witness unprecedented growth in
the demand in the immediate short to medium term.

Since, the demand for hydraulic cylinders is primarily driven by the growing demand for
hydraulic cylinder based equipment which is used in industries such as manufacturing,
construction, mining, agriculture, aerospace, and defense. One can anticipate that the recovery in
economic activity will bring cheer to the sector and many of the OEMs will have to expand its
current manufacturing facility to cater to the growing demand.

The market is developing steadily and it is significantly driven by activities in the infrastructure
sector, farm equipment & industrial equipment. Government focus on farm sector will also
catapult demand for tractors and this will have a positive influence on the demand for the
hydraulic product on the farm equipment segment. High adoption of material handling
equipment offers growth opportunity for the market.
At present, material handling equipment such as level luffing cranes, stackers and electronic
overhead traveling cranes are extensively used by multiple industries such as Food and
Beverage, Power and Energy, Retail and Oil Refineries other than construction and engineering
sectors. This stimulates the adoption of material handling equipment and thus helps the growth
of the hydraulic cylinders market.
The global hydraulic press machines market forecast is expected to reach $21,089.2 million by
2025 from $14,293.3 million in 2017, growing at a CAGR of 4.7% from 2018 to 2025.
Hydraulic press (also known as Bramah press) is a machine that generates compressive force by
utilizing liquid pressure. The working of hydraulic press machine is based on Pascals law, which
states that intensity of pressure is transmitted equally in all directions through a mass of fluid at
rest.

In hydraulic press machines, the pressure is generated throughout an enclosed cylinder, in which
hydraulic pressure is converted into kinetic energy of piston, which in turn produces shear stress
between die and punch, which cuts or presses the metal. These machines are used for
transforming metallic objects into sheets and making powders for pharmaceutical & medical
industries. In addition, these machines are used for various press work applications such as
blanking, punching, coining, and trimming. Companies such as Schuler Group, Betenbender
Manufacturing, Inc., and other leading players occupy a major share in the global hydraulic press
machine industry.

There is an increase in the demand for hydraulic press machines, owing to surge in demand for
high force pressing applications in various industries such as automotive and aerospace.
Moreover, increase in adoption of technologically advanced automated systems in the
manufacturing industry and growth in demand for fabricated metal in automotive industry are
expected to drive the hydraulic press machines market growth. Furthermore, reduction in
production cost within optimized time and improved rigidity & strength of machine as compared
to traditional equipment are majorly expected to boost the demand for hydraulic press machines.
Nonetheless, high energy efficiency using VFDs in hydraulic press machines, increase in
adoption of hydraulic press machines in plastic & rubber processing industries, and development
of accessible interfaces for these machines are expected to provide lucrative growth opportunities
to the manufacturers in countries such as China, Germany, and India. However, increase in use
of 3D printing equipment as an alternative of hydraulic press machines and uncertainty in
Chinese economy are expected to hinder the growth of the hydraulic press machines market.
ORGANISATION CHART

Managing
Director

Marketing
Purchase Production Personal Stores Sales
Manager Department
Department Department Department Department Department
VARIOUS DEPARTMENTS

The following different various types of departments as follows

 Purchase department
 Production department
 Accounts department
 Personal department
 Store department
 Finance department
 Marketing department
 Quality control department
 Secretarial department
PURCHASE DEPARTMENT
The purchase department is an important function in the organization. The responsibility
for purchasing all types of materials is introduced to this department. The no. of workers in the
purchase department is 5.

1. Indents
It is received from the user department. Introducing required items for programs to
purchase department. The next stage of activity in the department is to go through the items
written in the indent.

2. Sending Enquiry
Sending by the purchase department to the supply for the wasted item, these items should
be maintained properly.

3. Receivers Quotations
It is received from the suppliers. Price regards in the wanted items are maintained in the
quotation.

4. Analyzing Rate and Negotiation Regarding Rates


The rate is collected by suppliers. if the prices are not satisfy with the rates should inform
to the suppliers.

5. Generating Purchase Order


For the rates should orders are released for the purchase with the suppliers required items
are received from the order placed by the company.
6. Invoice
The invoice of the company is received and it is forwarded to this department for
demand.
 Hydraulic Cylinders.
 Hydraulic Lifts.
 Hydraulic Motors.
 Hydraulic Presses.
 Hydraulic Pumps.
 Hydraulic Seals.
 Hydraulic Valves.

Kinds of Purchase
There are two kinds of purchase. They are (1) local purchase; (2) inter state purchase.

(1) Local Purchase

The goods are purchased within the state, the state of Tamil Nadu.
(2) Inter State Purchase
The materials are purchase form different states such as Karnataka. The contact is
maintained by this department for regarding quantity and pricks etc., purchase payment are
important in turn of contract.

If the supply is not as the samples. The company will reject the goods and return it to the
party from who so ever purchased.
Few suppliers:

 Abbas industries
 Balaji indutries
 Ananda Machinary tools
 Airline Industies
 Best Engineering Company
PRODUCTION DEPARTMENT

Hydraulic Cylinders

We are Designing, Manufacturing and Service all varieties of Hydraulic Cylinders, like Tie Rod,
Mill Duty, Welded Constructions. Front Flange, Rear Flange, Trunnion, Foot, Eye Bracket, Rear
Clevis, Mounting Types. Single Acting, Double Acting, Double Rod, and Telescopic Cylinders. .

hydraulic Press
We are manufacture and supply wide range of Hydraulic Machineries and Hydraulic Presses in
accordance to the Customer‟s recommended standards .
Product Details:

Material MS (Body Material)

Max Force or Load 120-150 ton

Voltage 220V

Weight 1-2 Ton

Brand Shree

Frame Type H

Frequency 50 Hz

Surface Finishing Paint Coated

Power 12-15kW

Power Source Hydraulic

Warranty 1 Year

Phase 3
Automatic Truck Tyre Changing machine
We are Leading manufacturer of Automatic Truck Tyre Changing Machine We are
Manufacturing all type of Hydraulic Power Packs.

Hydraulic Power Packs


We are manufacturing all type of Hydraulic Power Packs.

Hydraulic Pit Jacks


We are manufacturing Hydraulic Pit Jacks for Wheel Allignment Process of heavy vehicles.
Hydraulic Scissor Lift
We are manufacturing Hydraulic Scissor Lift for various Loading and Unloading applications.

Hydraulic base Special


We are manufacturing all verities of Hydraulic base Special Purpose Machineries.
SALES DEPARTMENT

The marketing executive should concerned the purchase price after selling the goods are
quality, quantity and cost of production, and he should know about the market conditions such as
similar products or not, price, quality etc.

Fore castings:
Year Turnover
2015 Rs. 15,51,641.86
2016 Rs. 1,73,01,403.59
2017 Rs. 1,25,98,984.99
2018 Rs. 14,89,475.53
2019 Rs. 1,59,09,480.25

This department maintained various books such as


(1) Order entry book.
(2) Sales register
(3) Stock cards and stock register
(4) Invoice register
(5) Common order entry book
(6) Daily common order entry book
(7) Party registration book.
ACCOUNTS DEPARTMENT

The purpose of this department is to have full details about the payments of installments
by the parties. It also includes whether the party makes a prompt payment or not and taken into
a/c the delay in payment of installments in days and number of installments in dues.

The importance activity of this department is to preparing accounts and closure of a/c‟s
for which the full payment are made.

The following are the books are maintained in the accounts department
 Cash book and bank book
 Purchase book and sales book
 General book
 Sales analysis
 Purchase return and sales return book
 Debit & credit note
 Bills receivable & Bills payable
 Journal voucher
 Income Tax, Service Tax, R.O.C Returns.

Accounting Policy
Basis of Accounting:

The company as standard followed acquired important in accounting. It is income &


expenditure. The same method followed their year also.

Fixed Asserts & Depreciation

 Fixed asserts put to use are capitalization and are stated are cost of collection (not of
mordant credit for excise duty) less depreciation.
 The depreciation may be calculated for lien method in respect of all fixed asserts.
 Depreciation may be calculated as written prescribed in scheduled XIV of the
companies‟ act 1956.
 Depreciation may be provided for pro-sata basis.
Inventories
This can be maintaining for the purpose of raw materials & finished goods are sold at
market price.

Treatment of Interest On Deferred Payments

 The purchase of machineries may be treated as a revenue a/c.


 Sales include the excise duty & sales tax.
Retirement Benefits:
This can be maintained for gravity liability to the employee & the contingent liability.
PERSONAL DEPARTMENT
Introduction:
The care of management function lies in the guiding & controlling of all the efforts of all
those human being employed in the organization without the product efforts the human being
materials resources would be meaning less & idea. It is rightly said that the success or failure of
an organization depends not on materials. Machines and equipment but on the coil & ability of
the personnel to put in their efforts for an efficient performance of the job.

Meaning:
Personal department is concerned with the procurement, development, compensation,
integration & maintained of the personnel of the organization towards the accomplishment of
major goal.

Importance:
The importance of personnel management can be discussed from three view points,
namely social professional & industrial enterprise.

Social:
 Proper management of men provides suitable & productive employment.
 Results in psychological satisfaction & enhances the dignity of employees by satisfying
their social needs.

Professional:
Effective handling of human resource promotes team spirit & provides healthy working
environment. Such healthy relationship among various work groups leads to effective
performance.
Industrial:
Proper Management of personnel helps the organization in accomplishing goals by
obtaining voluntary co-operation of the employees for achieving the goals of the enterprise
simultaneously, it fulfills their own social and psychological needs recognition, love, affection,
belongingness, esteem and self actualization.
Functions:
1. Recruitment selection
2. Training and Development
3. Wage / Salary administration
4. Performance appraisal
5. Motivation
6. Grievance handling
7. Discipline
8. Employee service
9. Fringe benefit
10. Employee records / relations
11. Union / labour relations
12. Public Relations
13. Payroll processing
14. Personal research & personal audit.

Maintenance of attendance:
Personnel department receives duty roster from all department leading the duty roster
data into the computer entering daily attendance through the duty roster, up dating the shift
changes, maintaining the late, coming list, salary list, strength details.

Personnel Records:
It includes in the necessary data of the persons appointed to work in the organization for
the purpose for which place he is appointed. The bio – data and other forms are submitted to the
stationery authorities (P.F., ESI & Gratuity) & maintenance of personal files and records.
Increment / Promotion:
The promotion or increment of employee is based on performance. The time of
promotion is as per the settlement & for staff is based on performance of appraisal.

Staff welfare:
It includes the activities of all the staff members.
STORES DEPARTMENT

The store department is used for the smooth functioning of the production department
because it stores all sorts of necessary materials. The stores department is headed by the store
keeper.

Functions:
 It should check the raw material for the thing of quality & quantity
 The Stock level is reported to the respective section periodically.
 Issues materials to the production & sales department respectively
 Ledgers are maintained for stock transaction for all items
 Minimum level & stock is always maintained.

Kinds of Stores:
1. Inventory Stores:
The minimum stock needed for production is maintained material in the stores as a
approved buy the quality control department.

2. Raw Material Stores:


The purchased raw materials are stored after inspection. This can be issued to the
machine shop for further process. A register maintained to keep track of the transactions.

3. Finished goods stores:


In this stores, the final product after complete inspection & testing.
Duties of the store keeper:

1. He must keep a record of receipts & issue of each item as regards to quantity.
2. Proper space must be allocated for storing different articles.
3. He must issues all goods only if a property authorized requisition is provided.
Records Maintained:
1. Gate pass
2. Daily Receipts issues
3. Purchase invoice registers
4. Stock ledger
5. Issue register
6. Receipt register
7. Indent book
MARKETING DEPARTMENT

This department is headed by general manager. The public relation is the economic
process by which process goods and services are exchange & other various terms of money.
Functions:
1. Field work
2. Advertisement
3. Conferences
4. Journal
5. Address data book
Marketing is done other dealers open tenders, export direct sales & local sales.
Dealer:
The company has the dealer in all over the country.
1. Financial background
2. Trust
3. Our sales network
Open Tenders:
The company also places open tenders and through various machines. The order from the
railways device, government undertaking & through direct quotations.
Local Area Selling:
The marketers should know about the company sell the products in the local area.
FINANCE DEPARTMENT

This department is very important one for the concern.


Sources:
The following are the sources of allocated in the finance department. They are
1. Capital
2. Deposits
3. Bank Loan

Bankers:
1. State Bank of India
2. South Indian Bank
3. HDFC

Utilization of resources:
1. Fixed assets & other assets
2. Investments
3. Loans & advances
QUALITY CONTROL DEPARTMENT

This department is headed by special engineer. He is the secretarial personals working in


this specification. The most important of this department is to inspect & check the quality of the
fixed purchase and the raw materials purchased inspection as classified as bill. The finished
goods are sold after inspection.

Kinds of Inspection:
There are three types of inspection available in this department. They are:

1. Stage inspection
2. Spot inspection
3. Random inspection

The raw materials are well inspection and send to the stores. There are sales material in
issue to the machine shop for further process, & inspection is carried out at the various steps of
machine shop. Any damage in the raw materials. It should be reject & return to the supplier.

Policy:
1. Satisfy customer in dues by provided products and services of existing standards is
the policy of Deepak Ind Hydraulics.
2. The products & services are manufactured / sold at the right time.
SECRETARIAL DEPARTMENT

The major activity of secretarial department is to conduct board meetings and annual
general meeting and to maintain stationery registers. For conducting board meeting the
preparations are made to try the staff members of their department and some resolutions are
passed with regard to the board meeting held. In annual general meeting they mainly deal with
transfer of shares and prepare fresh statistory registers like registers of members of the company
where in the details of all the shareholders and a register of directors of the company and they
also prepare minutes for the board meeting and general meeting conducted.

Functions:
 To conduct annual general meeting and to prepare the annual report of the company.
 Issue of shares whenever required
 Furnishing the proper information to the concerned stock exchange whenever necessary.
 The various statutory returns and other returns are to be properly filled with the registrar
of companies within the specified time limit.

AGM:
The secretarial duties relating to annual general meeting are classified under three heads.
1. Before meeting
2. At the meeting
3. After the meeting
Before the Meeting:
1. Preparation authentication and audit of accounts.
2. Printing and issue of notice and reports
3. Preparation of agenda of the AGM, and the annual report of the directors.

At the meeting:
 The quorum is present / not
 Reading the notice convincing the meeting / reading the auditor report
 Take notes of the proceedings
After the meeting:
 Preparation of minute book
 Execute instruction and resolution of AGM
 Finally the annual report and auditors within 60 days of the meeting held.
CONCLUSION

Deepak Ind Hydraulic Manufacturing Company., is a well developed manufacturer of the


Fully automatic hydraulic cylinder, hydraulic power packs, hydraulic press, hydro pneumatic
press, clamp cylinder and Material Handling equipments in the country which carries business
of hire purchases, it has get a excellent network of manufacturers, the company has succeeded in
its careers.

The institutional training undergone here helped as to know about various departments
and that are to be followed in financial and social institution. The company made us to know
clear about how a company can survive in the present competition world.

We thank our company staff members and department faculty members who gave us an
Support

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