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SWASTIK ROTOMATIC

CHAPTER 1

EXECUTIVE SUMMARY

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EXECUTIVE SUMMARY

The Project is conducted on "SWASTIK ROTOMATIC"[ROTATIONAL MOLDING


MANUFACTURER]. Based on an overall organizational study, the project is
completed. There are six chapters in the report.

Let's start with the first chapter, “the Executive Summary”, which is a synopsis of the
entire project that includes all of its major points. The history of the company and
details about the industry are covered in the Second chapter, “Introduction”. An
summary of the company is provided in the third chapter, “Company Profile”. The
results and conclusion are covered in Chapter 4, which is followed by the
“Bibliography” in Chapter 5 and the “Photo Gallery” in Chapter 6.

Project Approach:

This project involves a comprehensive examination of Swastik Rotomatic, a rotational


molding machinery manufacturer in India.

1. Desk research: Gathering information from the company to understand their


product range, target market, and competitive landscape.
2. Primary data collection: Conducting interviews with company representatives
to gain insights into their operations, marketing strategies, future plans, and
challenges.
3. Data analysis: Evaluating the collected data to identify Swastik Rotomatic's
strengths, weaknesses, opportunities, and threats (SWOT analysis).
4. Reporting: Presenting the findings in a well-structured report outlining the
company's profile, key insights, and potential future directions.

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Key Findings:

• Swastik Rotomatic is a manufacturer and supplier of rotational molding


machinery based in Solapur, India, established in 2007.
• The company offers a range of bi-axial rotational molding machines, known for
their ability to create high-quality plastic products with minimal finishing needs
due to the multi-axial rotation technology employed.
• Their close oven rock and roll machines cater to the production of tanks with a
focus on reducing pinholes, a common defect in rotational molding.
• Swastik Rotomatic also supplies water tank rotomolding machines, indicating
their specialization in serving the rotational molding needs for water storage
solutions.
• There is a possibility they offer plastic dana making machines, which are used
to create plastic granules, but confirmation is required.
• They manufacture waste bin molds, suggesting they might provide a complete
solution for companies looking to produce plastic bins.
• The company appears to cater primarily to the Indian market, but their presence
on B2B platforms suggests potential for export.

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CHAPTER 2

INTRODUCTION

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INTRODUCTION
Swastik Rotomatic was established in the year 2007. They are Supplier, Distributor,
Manufacturer, Exporter, Service Provider & Manufacturer of Rotomolding Machines
& Molds. They provide a wide range of customised Machines as per client requirement
with best Quality products. They are well known for Lowest Fuel consumption machine
at an affordable price. They offer Low-cost solutions Machinery to their Rotomolders
with purely Made in India products.

Swastik Rotomatic is a prominent player in the Indian rotational molding machinery


market. This study delves into their operations, product offerings, and competitive
landscape to gain insights into their position within the industry.

Objective of the Study

By examining Swastik Rotomatics' performance, we are to learn more about the


elements that contribute to its success and spot possible areas for development. They
may strengthen their position as a top Rotational Molding Manufacturer in India,
improve client satisfaction, and hone their sales techniques as a result.

Scope of the Study

• The rotational molding industry is experiencing significant growth due to its


versatility and cost-effectiveness.
• Understanding key players like Swastik Rotomatic is crucial for assessing the
industry's current trends and future potential.

Limitations of the Study

• The company has a limitation to disclose their financial details, So detailed


analysis of the financial performance of the company is not possible.
• There were difficulties in obtaining data from executives and managers due to
their busy work schedule.
• The reliability of the data used for the study is largely dependent upon the
companies reports and the information given by executives.

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CHAPTER 3

INDUSTRY AND COMPANY PROFILE

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Industry Profile: Rotational Molding Machinery

Overview:

Rotational molding machinery is a specialized segment within the broader plastics


machinery industry. It caters to the creation of hollow, one-piece plastic parts by
rotating heated molds filled with plastic powder or resin. This process offers
several advantages, including:

• High design flexibility: Complex shapes and intricate details can be achieved.

• Uniform wall thickness: Ensures consistent product structure and strength.

• Excellent stress resistance: Rotational molded products can withstand high


levels of stress and impact.

• Cost-effectiveness: Suitable for high-volume production of identical parts.

Market Growth:

The global rotational molding machinery market is expected to witness steady


growth in the coming years, driven by several factors:

• Rising demand for rotationally molded products: These products are finding
increasing applications in various sectors like:

o Construction (pipes, tanks, septic systems)

o Automotive (interior components, under-the-hood parts)

o Agriculture (storage tanks, planters, livestock equipment)

o Sanitation (waste bins, recycling containers)

o Consumer goods (toys, furniture, coolers)

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• Focus on automation and efficiency: Manufacturers are increasingly seeking


advanced machinery that can optimize production processes and reduce labor
costs.

• Emerging applications: Rotational molding technology is constantly evolving,


leading to new applications across various industries.

Key Players:

The major players in the global rotational molding machinery market include:

• Rotomolding Technologies Inc. (USA)

• Sinmag (China)

• Schulmaschinen GmbH (Austria)

• Desma (Germany)

• Chen Hsong Group (Taiwan)

• Plastdesign (Italy)

Competition:

The rotational molding machinery market is becoming increasingly competitive,


with established players facing challenges from:

• Emerging players: Manufacturers from China and other developing regions


are offering cost-competitive machinery.

• Technological advancements: New technologies like multi-axial rotation and


automation are being developed, requiring continuous innovation from all
players.

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Future Trends:

The future of the rotational molding machinery market is expected to be shaped by


the following trends:

• Focus on sustainability: Development of machinery that utilizes recyclable


materials and reduces energy consumption.

• Integration of Industry 4.0 technologies: Smart machines with sensors and


data analytics capabilities for increased efficiency and predictive maintenance.

• Growing demand for customized solutions: Machinery manufacturers may


cater to specific customer needs with tailored features and functionalities.

Conclusion:

The rotational molding machinery industry presents a promising outlook due to the
rising demand for rotationally molded products and technological advancements.
Manufacturers that can innovate, adapt, and provide efficient and sustainable
solutions are well-positioned to capitalize on this growing market.

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COMPANY PROFILE

• Company: Swastik Rotomatic


• Location: Solapur, Maharashtra, India
• Industry: Plastic Machinery Manufacturing
• Founded: 2007
• Founded By: Ujwal Bagadi
• Location: W3, Akkalkot Road, MIDC(Solapur), Solapur.

Swastik Rotomatic was established in the year 2007. They are Supplier, Distributor,
Manufacturer, Exporter, Service Provider & Manufacturer of Rotomolding Machines
& Molds. They provide a wide range of customised Machines as per client requirement
with best Quality products. They are well known for Lowest Fuel consumption machine
at an affordable price. They offer Low-cost solutions Machinery to their Rotomolders
with purely Made in India products

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Swastik Rotomatic is located at 14, MIDC Akkalcoat Road, near by Neelam Canteen,
New Paccha Peth, MIDC, Solapur, Maharashtra 413006

Industry Description

They have associated ourselves with reputed vendors in the industry, which strengthens
us to supply safe, proven, cost-effective, Accessories. Through their optimum quality
products and transparent business policy, They have supplied more than 300 machines
in India (all states) & 20 different countries.
They are known for their dedication towards offering friendly customer service to all
their existing clients. They have a bright history and proven track record of completing
projects on time and within budget. Today, they are one of the most respected business
entities of their domain and share unmatched rapport with many industry management
and engineering divisions. Hence, They have formulated policies which promote the
use of environment-friendly products

They are manufacturing two types of Rotational moulding machines and Water tank
mould are following:

a) Close Oven Rock And Roll Machine


Rock & Roll rotational molding machines. These machines are used for creating
hollow plastic products by rotating a mold while heating it

Purpose: Used for manufacturing large hollow plastic products such as water tanks,
containers, and other industrial items.

Process: The machine rotates the mold in two axes (rocking and rolling) while heating
it.
The plastic material inside the mold melts and coats the inner surface, forming the
desired Shape.

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b) Biaxial (Arm) Machine


Biaxial (Arm) Rotational Moulding machines are fascinating pieces of
equipment used in the manufacturing process of hollow plastic products.

These machines are employed for creating large, hollow plastic items through a
rotational molding process.
They come in various capacities, ranging from 500 liters to an impressive 30,000 litre.

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Logo of the Company:

Organisation Structure:

Chairman

General
Manager

Sales Purchase Production Accounts


Department Department Department Department

Sales Purchase Accounts


Supervisor
manager Manager Manager

Dispatch Back office


Team Staff

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Department Study: Key Roles and Responsibilities


This department study dives into four crucial departments within an
organization: Sales, Purchase, Production, and Accounts. It details the
roles and responsibilities of each department, highlighting their
contribution to the company's overall success.

1. Sales Department
Key Roles and Responsibilities:
• Sales Manager:
o Lead the sales team in achieving sales targets and quota.
o Develop and implement successful sales strategies.
o Manage and motivate the sales team.
o Analyze market trends and competitor activity.
o Set pricing strategies and negotiate deals with customers.
o Build and maintain positive customer relationships.
• Sales Representative:
o Prospect for new leads and qualify potential customers.
o Develop and deliver compelling sales presentations.
o Negotiate pricing and terms with customers.
o Close deals and manage customer accounts.
o Provide excellent customer service and support.
o Develop and maintain positive relationships with clients.

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2. Purchase Department
Key Roles and Responsibilities:
• Purchase Manager:
o Develop and implement purchasing policies and procedures.
o Identify and source qualified vendors and suppliers.
o Negotiate pricing, terms, and delivery schedules with
vendors.
o Manage supplier relationships and ensure quality standards
are met.
o Oversee the purchasing process, including creating purchase
orders and managing invoices.
o Analyze purchasing data and identify cost-saving
opportunities.
• Purchase Officer:
o Source and research potential suppliers for needed materials.
o Prepare purchase orders and requisitions.
o Track purchase orders and manage delivery timelines.
o Maintain supplier relationships and ensure contract
compliance.
o Process invoices and manage accounts payable.

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3. Production Department
Key Roles and Responsibilities:
• Production Manager:
o Oversee all aspects of production planning and scheduling.
o Manage production budgets and ensure efficient resource
allocation.
o Maintain and improve production processes to ensure quality
and efficiency.
o Implement quality control measures and ensure product
consistency.
o Manage inventory levels and address production bottlenecks.
o Coordinate with other departments, such as Purchasing and
Sales, to ensure smooth operations.
• Production Worker:
o Operate machinery and equipment according to safety
protocols.
o Assemble, fabricate, or process materials according to
specifications.
o Conduct quality checks on products and identify defects.
o Maintain a clean and organized work environment.

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4. Accounts Department
Key Roles and Responsibilities:
• Accounts Manager:
o Oversee all accounting activities, including bookkeeping,
financial reporting, and budgeting.
o Manage accounts payable and receivable.
o Ensure compliance with tax regulations and financial
reporting standards.
o Prepare financial statements and reports for management.
o Analyze financial data to identify trends and opportunities.
• Accountant:
o Process daily financial transactions, including accounts
receivable and payable.
o Reconcile bank statements and maintain general ledgers.
o Prepare invoices and credit memos.
o Assist in generating financial reports and presentations.

By understanding the roles and responsibilities within each department,


you gain valuable insight into the internal workings of a company and how
these departments collaborate to achieve organizational goals.

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LA - Loading Area
MA – Manufacturing Area
WS – Work shop
WR –Washroom

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Branches:
• W3, Akkalkot Road, MIDC, Solapur.
• K48, Chinchulli, MIDC.

Mission:
"At Swastik Rotomatic, our mission is to deliver exceptional quality and reliability in
every product and service we offer. We are dedicated to exceeding customer
expectations, fostering innovation, and creating value for all stakeholders. Through our
commitment to excellence and continuous improvement, we aim to be the preferred
partner for automated solutions worldwide."

Vision:
"Our vision at Swastik Rotomatic is to lead the way in the automation industry, setting
new standards of performance, efficiency, and sustainability. We envision a future
where our cutting-edge technologies empower businesses to thrive in dynamic
environments while making a positive impact on society and the environment. By
embracing innovation and collaboration, we aspire to shape a brighter tomorrow for
generations to come."

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CHAPTER 4

FINDINGS AND CONCLUSION

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A. Findings:

Market Position and Products:

• Swastik Rotomatic is a well-established player in the Indian rotational molding


machinery market since 2007.
• Their core offering appears to be bi-axial rotational molding machines, known
for producing high-quality plastic products with minimal finishing needs.
• They cater to a diverse range of applications, including:
o Water tank production with dedicated water tank rotomolding machines.
o Tank production with a focus on minimizing pinholes through close
oven rock and roll machines.
o Potentially plastic dana making machines (requires confirmation).
o Waste bin mold manufacturing (suggests potential for complete bin
production solutions).

Overall Observations:

• Swastik Rotomatic demonstrates a strong foundation in the Indian rotational


molding machinery market.
• Their focus on innovation positions them well to meet evolving customer
demands.
• Expanding their online presence and exploring export opportunities hold
significant potential for growth.
• They need to be vigilant of competition and invest in technological
advancements to maintain their market position.

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i. SWOT Analysis of Swastik Rotomatic

Strengths:

• Established Presence: Swastik Rotomatic has been operating in the Indian


rotational molding machinery market since 2007, indicating a strong foundation
and experience.
• Innovative Technology: Their focus on bi-axial rotational molding machines
highlights their commitment to offering advanced solutions that enhance
product quality.
• Diverse Product Portfolio: They cater to a range of applications with offerings
like close oven rock and roll machines for tanks, water tank rotomolding
machines, and potentially plastic dana making machines and waste bin molds.
• Potential for Complete Solutions: Manufacturing waste bin molds suggests
they might provide a one-stop shop for companies looking to produce plastic
bins.

Weaknesses:

• Limited Online Presence: The lack of a readily available website makes it


difficult for potential customers to access comprehensive information about
their products, services, and capabilities.
• Information Gap: Unavailability of details regarding after-sales service,
warranty policies, and certifications hinders customer evaluation.
• Limited Market Reach: Their focus seems to be primarily on the Indian
market, potentially restricting their growth potential.

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Opportunities:

• Growing Market Demand: The rising demand for rotationally molded


products in numerous industries presents a significant sales opportunity for
Swastik Rotomatic.
• Focus on Automation: The increasing emphasis on automation and efficiency
in manufacturing can drive demand for their advanced machinery.
• Expanding Online Presence: Developing a user-friendly website and
engaging in online marketing could significantly broaden their customer reach.
• Export Potential: Exploring export opportunities in Southeast Asia and other
developing regions with a burgeoning rotational molding market can fuel their
growth.

Threats:

• Competition: Established domestic and international players in the rotational


molding machinery market pose a significant competitive threat.
• Raw Material Price Fluctuations: Fluctuations in the prices of raw materials
like plastic resins could impact their production costs and profitability.
• Technological Advancements: Rapid advancements in rotational molding
technology by competitors could render existing machinery obsolete.

Overall, Swastik Rotomatic possesses a strong foundation and a commitment to


innovation. By addressing their online presence and exploring export opportunities,
they can capitalize on the growing demand for rotational molding solutions. However,
they need to be mindful of competition and stay updated with technological
advancements to maintain their market position.

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B. Suggestions:

The current study provides a valuable initial analysis of Swastik


Rotomatic. However, there are opportunities to deepen the understanding
of the company and its market position.

• Develop a User-Friendly Website: Create a website that showcases their


product range, specifications, and unique selling propositions. Include clear
images, videos, and downloadable brochures.
• Implement SEO Strategies: Optimize their website content with relevant
keywords to improve search engine ranking and ensure potential customers can
easily find them online.
• Utilize Social Media: Establish a presence on social media platforms like
LinkedIn and potentially industry-specific platforms. Share company updates,
new product launches, and customer success stories to engage with their target
audience.

• Explore Export Opportunities: Research and identify potential export


markets in Southeast Asia and other developing regions with a growing
rotational molding market. Consider attending industry trade shows or
partnering with regional distributors to expand their reach.
• Develop Export Strategies: Adapt their marketing materials and customer
service approaches to cater to international audiences. Explore language
localization and international payment options.

• Highlight Customer Benefits: Focus on communicating the clear benefits their


innovative technology offers to potential customers. This could involve
emphasizing reduced finishing needs with bi-axial machines or minimized
pinholes with their close oven rock and roll machines.
• Showcase Customer Success Stories: Feature satisfied customer testimonials
and case studies on their website or social media platforms. This demonstrates
the value proposition of their machinery and builds trust with potential buyers.

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• Improve Customer Service Accessibility: Ensure readily available contact


information and consider offering online support options like live chat or email
ticketing systems to enhance customer service accessibility.

• Invest in Research and Development: Continuously invest in research and


development to stay updated with the latest technological advancements in
rotational molding machinery. This could involve exploring new materials,
automation features, and energy-efficient solutions.
• Monitor Industry Trends: Actively monitor industry trends and customer
preferences to adapt their product offerings and marketing strategies
accordingly.

By implementing these suggestions, Swastik Rotomatic can leverage their existing


strengths and address identified limitations to solidify their position in the Indian
market and establish themselves as a prominent player in the global rotational molding
machinery landscape.

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C. Conclusion:

This study has examined Swastik Rotomatic, a rotational molding machinery


manufacturer based in Solapur, India. The analysis reveals a company with a strong
presence in the Indian market.

• Swastik Rotomatic offers innovative bi-axial rotational molding machines,


potentially along with a diverse product range catering to various applications.
• Their focus on quality and potentially complete solutions with waste bin mold
manufacturing positions them competitively.
• Limited online presence and a focus primarily on the domestic market restrict
their potential for wider reach and growth.

Future Potential:

The growing demand for rotationally molded products presents a significant


opportunity for Swastik Rotomatic. By:

• Developing a strong online presence to showcase their capabilities.


• Exploring export markets in Southeast Asia and other developing regions.
• Investing in research and development to stay updated with technological
advancements.

Swastik Rotomatic can solidify its position as a leader in the Indian rotational molding
machinery market and potentially expand its reach globally.

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CHAPTER 5
BIBLIOGRAPHY

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BIBLIOGRAPHY

• https://www.facebook.com/SwastikRotomatic/
• Information Provided by External Guide,
Bhairappa Mhetre,
Manager.

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CHAPTER 6

PHOTO GALLERY

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Image 1: Working Area

Image 2: Storage Area

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Image 3: Production Area

Image 4: Cutting Area

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Image 5: Raw Material Storage Unit

Image 6: Dispatch Area

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