Professional Documents
Culture Documents
Document 3-2
Document 3-2
INTERNSHIP REPORT
By
MS SNEKHA S
225062101319
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DECLARATION
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Dr. M.G.R.
Educational and Research
Institute (Deemed to be university)
BONAFIDE CERTIFICATE
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COMPANY CERTIFICATE
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ACKNOWNLEGMENT
To acknowledge here, all those who have been a helping hand in completing this Internship,
shall be an endeavor in itself
Er. A.C.S. ARUN KUMAR, B.E. I express my sincere thanks to our Secretary Thiru A.
RAVIKUMAR and our Vice Chancellor DR.S.GEETHALAKSHMI,I would like to take the
opportunity to express my profound gratitude to Dr. G BRINDHA, Professor & Head, Faculty of
Management Studies, for her kind permission to undergo Internship work successfully.
I thank Mrs. A Shivani singh for guiding me to execute my Internship in a successful manner. I also
thank all the faculties in our department for their support and guidance throughout the Internship
My wholehearted thanks to entire staff of the company for their cooperation and assistance during
the Internship.
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CONTENT PAGE
BONAFIDE CERTIFIDE
COMPANY CERTIFIDE
ACKNOWNLEDGEMENT
3. Company profile
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INTRODUCTION OF THE CONCEPT OF THE SUMMER PROJECT
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INTODUCTION OF THE CONCEPT OF THE SUMMER PROJECT
So its summer project time. A when, dream projects become the buzz on campus
the first rain after sweltering summer, the first sign of light after a night’s darknes
Summer training is the first brush of an MBA-HRM with the corporate world. It
integral component of MBA-HRM curriculum at all business schools which has b
effectively grooming future managers.
The objectives of summer training from academic learning point of view is to prov
interaction with real world and understand the problems, issues and challenges b
by corporate world, and to give an opportunity to the student to apply the learnin
campus. This is the time when we get an opportunity that tell us where do we sta
comes to a fastmoving corporate world.
During the summer project, the trainee is expected to work on live projects work
feasible solution for the same.
Summer projects in one way or the other helps you gain confidence and prepa
corporate world that is eagerly waiting for smart and energetic intelligent profess
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ORGANIZATIONAL LEARNING
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SCOPE OF THE STUDY
ORGANIZATIONAL CULTURE:
Understanding and fostering a culture that values and prioritizes continues
learning.
LEARNING:
Studying leadership style that promote learning, knowledge sharing and
innovation.
TRAINING METHODS:
Exploring and implementing effective training programs and
methodologies for skill development.
INNOVATION:
Encouraging and supporting a culture of creativity and innovation with
in the organization.
CONTINOUS IMPROVEMENT STARTEGIES:
Implementing process that enable ongoing improvement and adaptation.
The scope of the study can vary depending on the specific research objectives
and the context in which TIDC is being examined, but these points provide a
general overview of what can be included in such a study.
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OBJECTIVES OF THE STUDY
EMPLOYEE DEVELOPMENT:
Fostering personal and professional growth among employees, nurturing
their potential.
KNOWLEDGE SHARING:
Facilitating the exchange and dissemination of information and expertise
across the organization.
ENHANCED PERFORMANCE:
Improving overall organizational performance and effectiveness by
applying learned knowledge and skills.
INNOVATION AND ADAPTABILITY:
Encouraging creative thinking and the ability to adapt to change swiftly.
CONTINUOS LEARNING:
Establishing a culture that values ongoing learning and skill
development at all levels of the organization.
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LIMITATIONS OF THE STUDY
1. The study is restricted to single plant of TII Limited and not covered
other divisions.
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INDUSTRY PROFILE
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TUBE INVESTMENT of Indian limited is an Indian engineering and
manufacturing company that specializes in bicycles, metals formed products and
chains. It is based in Chennai and a part of murugappa group. It was incorporated
as Ti cycles of india limited in 1949, as a joint venture company.
TI Diamond Chains
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TIDC India's manufacturing plants are:
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COMPANY PROFILE
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INTRODUCING THE COMPANY
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TUBE INVESTSMENTS OF INDIA LIMITED
Tube Investments of India Ltd is part of the USD 3.14 billion Murugappa
Group. Overthe past five decades, the company has honed its competencies in the
field of metallurgy,engineering, design and development. It has four divisions - TI
Cycles, Tube Products of India (TPI), TIDC India and TI Metal Forming - each a
pioneer and market leader in its segment.
TPI is the undisputed market leader in high-end cold drawn welded (CDW)
tubes. TI
Cycles brings you the BSA and Hercules brands of bicycles and fitness
equipment. TIDC is India's leading manufacturer of power transmission chains for
the automotive, industrial and agricultural segments. TI Metal Forming pioneered
cold roll forming and is a market leader in speciality steel strips for the bearings
and fine blank industry. TI also enjoys a sizeable share of the Indian auto market
by manufacturing auto door frames at TI Metal forming. TI reported a turnover of
1761.84 crores in 2006-07, 11 per cent higher than the previous year.
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TI Cycles of India
BSA and Hercules are two of the leading brands of bicycles from TI Cycles in
the Indian market. Recently, the company has entered the growing fitness
equipment segment in order to cater to the contemporary consumer needs. With a
network of around 1500 direct dealers and more than 10000 indirect dealers TI
Cycles has a nationwide presence.
A pioneer in the market, TI Cycles has constantly come up with new trends in
line with evolving consumer needs. With the changing RETAIL environment, TI
Cycles has introduced 'BSA GO' stores, which have revolutionized the bicycle
outlet in India. A one-stop premium shop for all bicycling and fitness
requirements, BSA GO has a customer friendly ambience which serves as a model
for other bicycle outlets in the country.
TIDC India
The company made a foray into fine blanking in line with its vision of
becoming a prominent global player in power transmission components, and is
now a major supplier of FB components to the automotive industry. Currently,
about 45 per cent of the company's turnover is from exports and this is an
indication of its growing global presence.
TIDC exports chains under the brand name 'Rombo'. Its chains have gained
recognition in Europe, the US, Japan, South America and Asian markets for high
quality and reliability. Over 50 per cent of the chains exported are for special
applications. In the domestic market the 'Diamond' brand chains cater to a range of
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two wheelers and industrial OEMs. TIDC also services the after-market with
kits and chains through a well-established distribution network and warehouses.
TI Metal Forming
Pioneers in cold roll forming, TIMF manufactures precision value-added sheet
metal
components like car door frames, sashes, divisional channels, stainless steel
rails, chassis long members, deep drawn parts, hydroformed parts, CRF sections
for the Indian Railways, etc.
Established in 1965 as a division of Tube Investments, TIMF's key target
customers are auto OEMs, Indian railway wagon builders, tier 1 auto components
manufacturers, etc.
Tube Products of India (TPI)
TPI is India's undisputed market leader in cold drawn welded (CDW) steel
tubes. Set up in 1955, the company produces precision steel tubes, CR strips and
high strength tubular components that cater to the demanding needs of the
automobile, general engineering, boiler, 5 white goods and fine blanking
industries. A TS16949 and ISO 14001 certified company, TPI is the preferred
supplier of precision welded tubes to major automotive companies in India and
abroad.
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products include Rear Axle Tubes, Side Impact Beams, Tie Rods, Drag links,
Heavy thick steering shafts and Hydraulic Cylinder tubes.
TPI produces a wide range of CRCA strips including special extra deep
drawing, high tensile, medium carbon, high carbon finding application in
industries such as Bearings, Automobile, Auto Ancillaries, white goods, fine
blanking and General Engineering.
TPI has been supplying to customers such as Bajaj Auto Ancillaries, TVS
Motors Ancillaries, Hero Honda Ancillaries, Tata Motors, Toyota India, Delphi,
Gabriel, Escorts, and Endurance. Its success stems from market driven, customer
oriented approach coupled with superior process design, short product
development cycle, delivering high quality products and efficient customer service
ensuring total customer satisfaction.
TPI has Integrated manufacturing facilities at Chennai (Two tubes plants and
one strips plant at Avadi and one at Ambattur), Shirwal & Mohali.. These plants
conform to international standards and achieve operational excellence through
TPM. TPI has distribution centers across India, which ensures timely service to the
customer’s daily requirements.
TPI has received ISO-TS 16949 for all plants, ISO 9001: 2000 for all plants,
ISO
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14001:2004 for Avadi & IBD Plants, Self-certification for boiler tubes by the
central boiler board. TPI is the Winner of the Sword of honour for outstanding
safety performance from the British Safety council. Tubular Components Division
(TCD), a plant of TPI, has won Supplier Performance Award 2007-2008. Timely
delivery, top notch quality and excellent service have been key for the division for
winning this award.
BOARD OF DIRECTORS:
A Vellayan
M M Murugappan
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He is a Member on the Board of Governors, IIT, and Madras. He holds a Masters
degree in Chemical Engineering from the University of Michigan, USA.
N Srinivasan
Sridhar Ganesh
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Group, he was Director-Learning& Development, Cadbury Schweppes plc-
Europe, Middle-East and Africa.
Ravichandran
Ravichandran
V Ravichandran is the Lead Director - Fertilizers and Sugars of the Murugappa
Corporate Board. He is also the Managing Director of Coromandel International.
He is an Engineering Graduate with a Post Graduate Diploma in Management
from IIM, Ahmedabad. He is also a Cost Accountant and a Company Secretary.
After a brief stint with Ashok Leyland, he joined the Group in Oct 1985 in EID
Parry. Ravichandran served with distinction in the Finance function of EID Parry,
in the Farm Inputs Division (FIND), in Corporate and in businesses such as
Confectionery. He took up a general management role as GM-Pesticides in 1994.
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In2003, with the merger of FIND and Coromandel Fertilizers Ltd (CFL) he moved
to CFL as Vice President FIND. He was promoted as Whole time Director in
2004and took over as Managing Director of the company in 2006.
Venkatraman Thyagarajan
Venkatraman Thyagarajan is the non-executive External Director of the
Murugappa Corporate Board. He is the Vice Chairman of GlaxoSmithKline, India
and the Senior Vice President and Regional Director of GlaxoSmithKline, Asia
Pacific. Prior to this role, he was the Vice President of South Asia since 2001. In
his endure of over 36 years with the company, he has held numerous senior
positions throughout his career. He is also an independent director of Tata
Consultancy Services Limited and chairs PHRMA for Asia. He has a B.Tech
degree in Electrical Engineering and is an alumnus of Indian Institute of
Management Ahmedabad
Deepak Satwalekar
Sridar Iyengar
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Sridar Iyengar is a non executive External Director of the Murugappa Group
Corporate Board. Prior to this, Sridar was CEO of KPMG LLP and later became a
Partner and was instrumental in setting up KPMG‟s operations in India. A
founding charter member of TIE (The Indus Entrepreneurs), he has been President
of both the Silicon Valley and Global branches of the group and remains active
with TIE India. He is also involved in the American India Foundation and the
Foundation for Democratic Reforms in India. Sridar has spent 35 years in global
business and brings to the Board his rich international experience. He serves on
the Boards of Infosys Technologies, ICICI Bank, and Rediff.com, among other
companies in the U.S. and India. He holds a bachelors degree in Commerce
(Honours) from the University of Calcutta and is a Fellow of the Institute of
Chartered Accountants in England and Wales.
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HIERACHY OF THE COMPANY
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ACTIVES OF THE COMPANY
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Manufacturing
We are one of the oldest chain manufacturers who have been constantly
innovating in terms of manufacturing processes. We have a team of nearly 50+
engineers constantly working to produce the best chains.
Chains
Sprockets
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TIDC is one of the leading manufacturers of power transmission chains for
industrial, automotive and agricultural segment.
TIDC was established in 1960 and today is the undisputed market leader in
power transmission products. With its entry into fine blanking, TIDC is also
moving up the value chain, from component suppliers to system suppliers.
TIDC has plants in Chennai, Hyderabad and has set up a new manufacturing
facility in Uttarkhand. TIDC has 13 warehouses across India to ensure smooth
supply of material to customers. With a wide network of 160 dealers spread all
over the country for automotive and industrial applications, TIDC offers products
off-the-shelf to customers across India.
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TIDC also has a strong global presence, with products being exported to over 30
countries and 35% of the total turnover coming from export sales. The company
has opened an office in USA to service .
In USA and Europe. Over 50% of the chains exported are for special
applications to global OEMs in various industries including Cement, Fertilisers,
Material handling etc. TIDC is also the market leader in India for industrial power
transmission and conveyor chains, and caters to OEMs and distributor markets.
Benefits - customers get through TIDC Diamond chains. Shortest possible time to
market, as TIDC has in house Design & Development.
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of its own in the market owing to its excellent manufacturing capabilities,
consistent performance, and delivering the highest quality.
Types of chains
There are various kinds and sizes of chains are manufactured here. Following
are the some of the chains produced in TIDC India Ltd:
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OBSERVATION OF THE COMPANY
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TIDC India is one of the India’s leading manufacturers of power transmission
chains for the industrial, automotive and agricultural segments. The company was
established in 1960 in collaboration with Diamond Chain Co, USA, and today is
the undisputed market leader in both industrial and automotive chains. With its
entry into fine blanking, TIDC is also moving up the value chain, from component
suppliers to system suppliers.
The company made a foray into fine blanking in line with its vision of
becoming a prominent global player in power transmission components, and is
now a major supplier of Fine Blanking components to the automotive industry.
Currently, about 45 percent of the company’s turnover is from exports and this is
an indication of its growing global presence.
TIDC exports chains under the brand name ‘Rombo’. The chains have gained
recognition in Europe, the US, Japan, South America and Asian markets for high
quality and reliability. Over 50 percent of the chains exported are for special
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applications. In the domestic market the ‘Diamond’ brand chains cater to a range
of two wheelers and industrial OEMs. TIDC also services the after-market with
kits and chains through a well-established distribution network and warehouses
TIDC has plants in Chennai, Hyderabad and has set up a new manufacturing
facility in Uttarkhand. TIDC has 13 warehouses across India to ensure smooth
supply of material to customers. With a wide network of 160 dealers spread all
over the country for automotive and industrial applications, TIDC offers products
off-the-shelf to customers across IndiaTIDC also has a strong global presence,
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with products being exported to over 30 countries and 35% of the total turnover
coming from export sales. The company has opened an office in USA to service
customers in this market. TIDC India’s international customers are also serviced
through warehouses in USA and Europe. Over 50% of the chains exported are for
special applications to global OEMs in various industries including cement,
fertilisers, material handling and construction equipment. TIDC is also the market
leader in India for industrial power transmission and conveyor chains, and caters
to OEMs and distributor markets.
TIDC India has won the Golden Peacock Award for quality and has obtained
commendation certificate for CII - Exim Business Excellence and received Best
Vendor Awards from automotive OEMs
Manufacturing
• Chains
• Sprockets
Types of chains
There are various kinds and sizes of chains are manufactured here. Following
are the some of the chains produced in TIDC India Ltd:
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Roller chain or bush roller chain is the type of chain drive most commonly
used for transmission of mechanical power on many kinds of domestic, industrial
and agricultural machinery, including conveyors, wire- and tube-drawing
machines, printing presses, cars, motorcycles, and bicycles.
• Attachment chain
The roller chain attachment and other types of attachment chains are typically
used for applications where the main drive or primary chain is too long to suit the
job. The attachment chain can be used to connect two different-sized drives
together or even to connect one drive to another drive.
• Spike attachment
Spiked chains were a length of metal chain whose last few links on each end
were enlarged and enhanced with spikes. The length and size of these links were
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usually proportional to the size of their wielder in order to ensure
optimal performance.
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• Welded attachment
Welded and drawn tubing offers improved concentricity, and tighter tolerances
compared to seamless tubing, and temper ranging from annealed to full hard. The
process begins with strip stock that is run through a series of rollers that form the
flat strip into a round tube.
• Special attachment
an act of attaching or the state of being attached. a feeling that binds one to a
person, thing, cause, ideal, or the like; devotion; regard: a fond attachment to his
cousin; a profound attachment to the cause of peace.
• Redler attachment
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The Redler conveyor or drag chain, is mainly characterized for its great capacity
for, preferably, horizontal transport over long distances of a high percentage of
bulk materials, that could be: cereals, seeds, flours and definitively any grain
product, allowing unloading throughout its length.
• Hollow chain
Hollow gold chains are made with a thin gold shell and are less dense than
solid gold chains. Conversely, solid gold chains are heavier and more durable but
tend to cost more due to the higher amount of gold in the chain.
Self-tube chain
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Chain conveyors are used for moving products down an assembly line and/or
around a manufacturing or warehousing facility. Chain conveyors are primarily
used to transport
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Accumulator chain
Rubber chain
Free radicals produced by heat, oxygen and light combine to form new
crosslinks, which reduces flexibility and leads to hardening. This is chain
hardening. Natural rubber (polyisoprene) and other isoprene polymers, on the
other hand, are susceptible to chain scission.
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O-ring chain
O-ring chains are self-lubricating and help seal the lubricant inside the links of
the chain to keep the pins moving freely. This helps avoid the metal-on-metal
friction that the non-O-ring chains are plagued by. The seals ensure that dust and
debris are kept away from the inner parts of the chain.
Conveyor chain
A conveyor chain is chain that has been designed specifically for chain conveyor
systems. It consists of a series of journal bearings that are held together by
constraining link plates. Each bearing consists of a pin and a bush on which the chain
roller revolves.
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Timing chain/ Cam chain
Work standard special chain
Conversion resistant chain
Let chain
Intended pin chain
Chain components
Inner plate
Outer plate
Roller
Bush
Pin
Departments in TIDC
Testing laboratories
Metrology lab
Metallurgy lab
TIDC India Certifications
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TS 16949:2002 for the automotive business (chains and fine blanking)
ISO 9001:2000 for industrial chains
ISO 14001
API 7F certification for oilfield chains
The 'Commendation Certificate for Strong Commitment to Excel' in 2004, from
the CII-Exim Bank Award Committee - a reflection of the strong passion and
commitment at all levels in the organization
TIDC India has received the 'Commendation Certificate for Strong
Commitment to Excel' in 2004. This commendation was from the CII-Exim Bank
Award Committee and is a reflection of the strong passion and commitment
present at all levels in the organization.
PRODUCT PROFILE
1) Automotive:
2) Industrial:
Power Transmission chains-ANSI &British Standards
Engineering class chains
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Agricultural Chains
3) Fine Blanking:
Transmission
Engine parts for 4 wheeler
2 wheelers.
Manufacturing Locations:
Chennai - Industrial chains & Fine Blanking
Hyderabad- Automotive Chains
Customers:
Export (TIDC exports over 50 countries world-wide)
Germany
New Holland- Belgium & Poland
Denmark
Japan
USA
Domestic
Hero Honda Motors Ltd
Ingersoll Rand
Yamaha Motors India Ltd
Maruti Udyog Limited
TVS Motor Co
Grasim
Honda Motorcycle &Scooter India
BHEL
Bajaj Auto Ltd
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Quality systems for a High performance chain
Beginning with the design phase, purchase and inspection of raw materials,
vendor management, work instructions and going on to cover all processes in
manufacturing, packing and inspection before delivery. We follow stringent
procedures when it comes to traceability of products and reviews of customer
feedback. No wonder our chains go on world class equipment’s such as harvester
Combines, Balers, Skid steers, and Marine travel lifts, Fork Lifts, Tele Boomers,
Pavers, and Motor Graders. Industries using cement, Power, Fertilizer, Food
processing, packaging, steel machinery, mining, printing, textile & sugar.
OBSERVATION OF DEPRTMENTS
FINANCE DEPARTMENT
Finance department manages a firm’s long-term and day-to-day monetary
operations and strategy. Finance groups oversee incoming and outgoing
payments, budget creation, cash management (treasury), accounting, financial
reporting and many other tasks related to the finances of the company. Finance
organization size varies based upon total company-wide head count, company
revenue, industry, and overall business strategy. Head of the finance department in
TIDC INDIA .
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MONTHLY INFORMATION SYSTEM(MIS):
The purpose of giving information to management is like:
o Sales budget vs actual
o Business trend
o Locking of fund
o Expense detail
COST:
Cost reduction for improving the business strength and globally.
FIXED ASSTES:
Capex and FA related all their new business of green field.
PAYABLES:
o Bills accounting
o Payment process
o BRS
o Payroll salary
o TDS( both employee and supplier)
RECEIVABLES:
Receivables are based on the schedule for selling raw materials for customer.
Every
customer has a payment schedule for dues based on their customer will pay the
money.
The following activities for major:
o Maintaining of customer accounts
o Customer account reconciliation
o Outstanding review
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o Cash flow collection plan
MARKETING DEPARTMENT
Market connect
Elements with which diamond is tangibly connected with its market.
Some of the particulars are:
o Cartons: All cartons are related to works
o Catalogue: 100 pg, HCB
o Flyers: Flyers are athlete print
o Call centre: It is based upon the agreement
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Market Engagement
Measures are taken to remind the market about diamond.
Some of the particulars are:
o Gifts: Gifts are provided to customers who visits plant and stalls, dealers and
other promotional activities.
o Expos / Fairs: It is provided for displaying of chains, Background, light
fixtures,
tables / cupboard, visual planks, dress code and SOP.
o D-club
Market communications
It is the announcing platform for diamond.
Some of the particulars are:
o Advertisements: It is made through magazines.
o Posters / posts-sales: Whatsapp posts on product, sales.
o LinkedIn
o Mailers-NDP
o Mailers-Applications
o Newsletters
Digital marketing
Digital marketing is the component of marketing that uses the internet and online
based digital technologies such as desktop computers, mobile phones and other digital
media and platforms to promote products and services. TIDC INDIA has started digital
marketing last 2 years ago. They are active in facebook, youtube and linkedin.
• Pricing strategies
Price for the product is fixed based upon the demand for the product in market,
manpower in the organization, cost of raw material, etc.
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SUMMARIZING THE PROJECT EXPERIENCE
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The importance of a project summary:
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FINDINGS AND SUGGESTION DURING INTERNSHIP WORK
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Most of workers belong to the Fine Blanking Department
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Majority of workers agreed that the organization treats the employees
with good respect.
Majority of workers agreed that the organization had provided work
according to the employee’s capacity.
Majority of workers agreed that the grievance aroused were duly
addressed by the organization.
Majority of workers agreed that the relationship with other employees in
the organization were satisfying.
Majority of workers said that the stress management or stress reduction program
were very helpful.
Majority of workers said that the organization had provided all the
guidance and facilities to get the work done from the employees
Majority of workers agreed that the training opportunities had helped in
improving the quality of work life.
Majority of workers agreed that the safety were always been given
priority by the organization to the employee‟.
From the ANOVA test there is no significant difference between
experience and training program in updating the skills and knowledge.
From the chi-square test there is no significant difference between
experience and feedback on stress management or stress reduction program.
From the weighted average method it is been identified that the workers
are more satisfied with the restroom facilities
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SUGGESTIONS
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