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Internship Report Gunjan
Internship Report Gunjan
Internship Report Gunjan
SUBMITTED BY
SYBBA SEMESTER - IV
SUBMITTED TO
FACULTY OF COMMERCE,
SUBMITTED FOR
GUIDED BY
HARSHIL SHAH
MANISHA PAWAR
(MARKETING
(ASSISTANT PROFESOR)
HEAD)
DECLARATION
I, Gunjan Chandwani, hereby declare that the report titled "Summer internship" at
"WictroniX," presented as part of my internship and submitted in partial fulfilment of the
Bachelor of Business Management degree requirements of the Commerce Department,
Maharaja Sayajirao University of Baroda, is an original work conducted and compiled by
me.
This report reflects my own efforts and has not been submitted to any other University or
Institute for the award of any degree or diploma. I acknowledge that certain intellectual
property elements belonging to WictroniX have been used within this report to enhance
understanding and provide accurate context. I clarify that I do not claim ownership of these
elements and confirm that I have received the necessary permissions to use them strictly for
educational purposes in this report.
In sum, the results and conclusions encapsulated in this thesis are the outcomes of my
personal research and experiences during my internship period.
DATE: 9/07/2024
PLACE: Vadodara
PRN: 8022043111
PREFACE
The learning process of classroom is incomplete without any practical field experience. It
is because of the reason that our institute like any other has provision for practical training.
Practical training is vital, Accordingly I had my training at WictroniX infotech.pvt.Ltd.
This 4-5-week training gave us an insight into the working of an organisation and learn
how some of the important concepts that we have been studying as a student of
management are applicable in the field. This project is sincere attempt to focus on the
subject in a lucid manner. I sincerely attempted to effort to carry out study in deep on
subject.
During this period, we had opportunity to observe the company’s performance, place in the
industry, its products pricing, advertisement, promotions and its good will through our
market survey. It is hoped that this study will provide valuable information in various issues
related to WictroniX InfoTech. Pvt. Ltd.
ACKNOWLEDGEMENT
Firstly, I'd like to express my profound gratitude to God, my perennial source of strength
in all walks of life. I am similarly appreciative of my parents, whose unwavering support,
encouragement, and fervour for higher education made the work in this internship possible.
I am deeply indebted to the "Maharaja Sayajiroa University" and the "Department of
Commerce" Institute for offering me this opportunity to enrich my academic credentials
and acquire hands-on knowledge in the domain of Marketing.
My sincere thanks go to WictroniX for the privilege to serve as an intern. I extend my
appreciation to Karnik Gandhi and Harshil Shah, my internship coordinators, for their
guidance throughout the drafting of this report. Their supervisory role and valuable
information were instrumental in finalizing this report.
Moreover, I would like to acknowledge all the staff at WictroniX for permitting my
internship and providing the necessary resources.
My heartfelt gratitude extends to my mentor, Manisha Pawar, whose enthusiasm for this
project and unwavering support greatly contributed to this research. Her invaluable
feedback, insights, and advice were crucial.
I would also like to express my gratitude to the professors at this institute for their guidance.
Lastly, my friends and fellow students deserve thanks. Their thought-provoking ideas and
unforgettable moments shared with me added to this journey's richness.
With Sincerity,
Gunjan Chandwani
CHAPTER 1
INTRODUCTION
We are WictroniX!
We are Execution!
WICTRONIX'S FRAMEWORK
YOU
Technology
Business
Strategy
PROJECT
Marketing
MANAGER
Operations &
Management
Finance &
Legalities
WATER
Advanced
Technology
Great Exceptional
Management Marketing
Efficient Amazing
Operations Design
LegendaryBusiness
Strategies
When the winds of change blow, some people build walls and others build
windmills. Innovation and creativity drive a company from good to great and
allows them to remain at the top of the game. We are aware of this and see
innovation and creativity as integral components of who we are and what we
do.
We believe that greatness begins beyond our comfort zone and we always
strive to do so. We push ourselves, innovate and go beyond our limits to achieve
something legendary.
The entrepreneurial spirit of the company is embodied in its founders, Mihir Gandhi and Sunil
Kumar Poonia, who've been instrumental in shaping the company's trajectory. Steering the
company's vision and operations is a robust leadership team comprising six CXOs and six
Department Heads.
The team's strength extends beyond the leadership, with more than 20 core team members
contributing their unique skills and experiences. Additionally, the company fosters the next
generation of industry professionals with over 70 interns working and learning in its dynamic
environment.
Integral to WictroniX's success is the strong foundation and bond within the group. This synergy not
only reflects in their work but also reinforces their commitment to delivering exceptional end-to-end
services. The strong foundation, along with an empowered team, positions WictroniX as a force to
reckon with in the startup landscape.
Position Name
CEO Mihir Gandhi
CTO Sneharsh Belsare
CMO Sunil Kumar Poonia
COO Karnik Gandhi
CFO Darshan Upadhyay
CSO Burrhudin
You can check it from: www.WictroniX.com
Company Overview:
WictroniX is a company that provides integrated end-to-end execution needed to
launch, sustain and grow a startup/business. They offer a wide range of services,
including product development, technology, marketing, management, research, HR,
finance, compliance, strategy, raising funds, and networking.
SWOT Analysis:
Strengths:
1. A strong and experienced professional team with a focus on delivering high-quality
products and services.
2. A deep understanding of the startup and business landscape.
3. A growing market for their specialized, integrated end-to-end execution services.
4. Extensive network of partners and suppliers in India.
5. Commitment to continuous growth and innovation.
Weaknesses:
1. Newness to the industry leading to a relative lack of experience compared to
established competitors.
Recommendations:
WictroniX could bolster their standing in the industry by increasing their brand awareness
and strengthening their marketing strategies to attract new customers. An ongoing
investment in research and development can help stay ahead of competition and respond to
emerging market trends. Considering the potential threats, it would be prudent to develop
a contingency plan to tackle possible economic downturns or disruptions from new
technologies.
Marketing at WictroniX
Marketing at WictroniX is a multi-faceted process, revolving around the services that the
company offers. The focus is on showcasing the company's capabilities in developing end-
to-end solutions tailored to meet the unique needs of businesses in various sectors.
To achieve this, the marketing team uses an array of tools and strategies. This includes
digital marketing efforts like social media advertising, email marketing, and SEO, as well
as traditional marketing methods such as print advertising, direct mail, and attending
industry events.
Moreover, the marketing department is also responsible for the company's branding. They
ensure that the brand's message is consistent across all platforms, emphasizing the
company's commitment to innovation, high-quality service, and its ability to help
businesses grow.
Additionally, the team also works on market research. By understanding the needs of
businesses in different industries, the company can tailor its services to better meet these
needs. This allows WictroniX to stay competitive and relevant in the fast-paced and ever-
changing tech industry.
In conclusion, product planning at WictroniX is not just about creating and executing
services; it's about understanding the client's needs and crafting solutions that can help them
achieve their business goals. It's a process that puts the client at the heart of everything the
company does.
Company Health: The financial status of WictroniX may allow it to prioritize market
strategy over immediate profit, or vice versa, depending on the circumstances.
Flexibility: The company regularly responds to market shifts by adjusting prices. The initial
price should allow WictroniX to respond to market fluctuations without compromising
profitability.
Government Regulations: Depending on the specific industry of the client, government
regulations may or may not have a significant impact on the pricing policy.
Dedicated Account Managers: We assign dedicated account managers to our clients. They
function as the single point of contact, guiding clients through the onboarding process,
understanding their needs, coordinating with the in-house team, and ensuring timely
delivery of services.
2. Digital Channel:
Our primary sales channel is digital, which includes:
Website: Our website is a comprehensive digital platform for showcasing our portfolio,
explaining our service offerings, and letting clients connect with us.
Social Media: We maintain a robust presence across major social media platforms, using
them to reach out to potential clients, engage with our community, and stay connected
with industry trends.
Email and Newsletter: We run a regular email and newsletter campaign for lead
generation, client engagement, and information dissemination about our new offerings or
updates.
3. Partner Network:
We have a robust partner network that extends our reach and allows us to tap into diverse
client segments. It includes:
Strategic Partnerships: These are collaborations with businesses, incubators, accelerators,
or industry organizations that align with our mission. Through these partnerships, we offer
exclusive services to their network, giving us access to a wider pool of potential clients.
Affiliate Partners: Our affiliate partners promote our services to their audience, earning a
commission for every successful referral. This arrangement expands our reach without
significantly increasing our marketing spend.
2. Free Consultation:
We offer free initial consultations where potential clients can discuss their business
challenges with our experts. This not only provides immediate value to the clients but also
helps us demonstrate our expertise and understanding of their needs.
3. Referral Program:
Our referral program is designed to leverage the trust and satisfaction of our existing clients.
They are rewarded for referring us to other startups or businesses, which can include:
Discounts: Reduced prices on future services.
Value-Added Services: Free value-added services such as extended support or additional
resources.
4. Content Marketing:
Our content marketing strategy is focused on delivering value to our audience while
promoting our services indirectly. We regularly publish:
Blog Posts: These cover a wide range of topics, from industry trends to practical advice,
and often highlight how our services can help startups and businesses overcome specific
challenge
Webinars and Workshops: We conduct regular webinars and workshops on topics
relevant to our audience. These sessions are not only educational but also help us showcase
our expertise and the value we can provide.
I. Advertising at WictroniX
Our advertising strategy is heavily focused on digital platforms, owing to the nature of our
clients—tech-savvy, modern businesses and startups.
Search Engine Advertising: We run targeted ads on search engines like Google, which
allows us to reach potential clients who are actively searching for services similar to ours.
Social Media Advertising: Our presence on platforms like LinkedIn, Facebook, and
Twitter is bolstered by advertising campaigns designed to increase visibility, engagement,
and lead generation.
Content Marketing: We create high-quality, SEO-optimized content that provides value
to our audience and indirectly promotes our services. This includes blogs, ebooks,
whitepapers, case studies, and video content.
2. Event Sponsorship:
We sponsor industry events and meetups where our target audience is likely to be present.
This not only increases our brand visibility but also allows us to engage directly with
potential clients.
Entering a new international market requires careful planning and execution. We conduct a
comprehensive analysis of the market, including demand for our services, competition,
regulatory environment, cultural nuances, and potential partners.
BBA THE MAHARAJA UNIVERSITY OF BARODA 2023-2024
2. Localization:
We understand that one size doesn't fit all in international marketing. That's why we adapt
our services, communication, and marketing strategy to suit local preferences and norms.
This includes translating our website and marketing materials into local languages and
using locally relevant examples and case studies.
To ease our entry into new markets, we often collaborate with local partners who have a
deep understanding of the market. These partnerships help us navigate local business
practices, regulations, and client expectations.
4. Digital Marketing:
In today's interconnected world, digital marketing plays a crucial role in international
marketing. We use SEO, social media, email marketing, and online advertising to reach out
to potential clients in different parts of the world.
• Recruitment and selection: This includes finding and hiring new employees. The HR
department may use a variety of methods to recruit new employees, such as job postings,
social media, and networking. Once potential candidates have been identified, the HR
department will interview them and make a decision about who to hire.
• Onboarding: This includes orienting new employees to the company and its culture.
The HR department may provide new employees with training, information about company
policies and procedures, and introductions to their co-workers.
• Performance management: This includes setting goals for employees, tracking their
progress, and providing feedback. The HR department may also be involved in conducting
performance reviews.
• Compensation and benefits: This includes determining salaries, bonuses, and other
forms of compensation, as well as providing employees with benefits such as health
insurance, retirement plans, and paid time off.
• Employee relations: This includes resolving employee complaints and conflicts. The
HR department may also be involved in developing and enforcing company policies and
procedures.
• Training and development: This includes providing employees with opportunities to
learn new skills and improve their knowledge. The HR department may offer training
programs, workshops, and other learning opportunities.
• HRIS: This includes managing the company's human resources information system
(HRIS). The HRIS is a database that stores information about employees, such as their
personal data, job history, and performance reviews. The HR department uses the HRIS to
track employee information and manage HR processes.
The specific HR functions that WictroniX performs will depend on the size and complexity
of the company. Larger companies may have a dedicated HR department with a team of
professionals who specialize in different HR functions. Smaller companies may have a less
formal HR department or may outsource some HR functions to a third-party provider.
Here are some of the factors that WictroniX considers when recruiting and selecting
employees:
• Skills and experience: WictroniX looks for candidates who have the skills and
experience necessary to perform the job duties. The company also considers the candidate's
education and training.
Fit for the role: WictroniX wants to hire candidates who are a good fit for the company
culture and who will be able to contribute to the team. The company considers the
candidate's personality, values, and work style.
The employee recruitment and selection process at WictroniX is designed to identify and
hire the best possible candidates for open positions. The company uses a variety of methods
to assess candidates, and the hiring decisions are made by a team of qualified professionals.
WictroniX also offers a variety of informal training and development opportunities, such
as:
• Mentorship programs: These programs pair experienced employees with new
employees to provide guidance and support.
• Lunch and learns: These sessions provide employees with the opportunity to learn
about new topics from experts in the field.
BBA THE MAHARAJA UNIVERSITY OF BARODA 2023-2024
•
Brown bag lunches: These sessions provide employees with the opportunity to share
their knowledge and expertise with their colleagues.
• Employee resource groups: These groups provide employees with a forum to connect
with others who share their interests.
WictroniX believes that employee training and development is essential to its success. By
providing its employees with the training and development they need, the company can
ensure that its workforce is up-to-date on the latest technologies and techniques, and that
it has the skills and knowledge it needs to meet the challenges of the ever-changing
business world.
In addition to the formal and informal training and development opportunities mentioned
above, WictroniX also encourages its employees to take advantage of online resources and
to participate in industry events and conferences. The company believes that by providing
its employees with a variety of training and development opportunities, it can help them to
stay ahead of the curve and to be successful in their careers.
Performance management: -
WictroniX's performance management process is designed to help employees achieve their
goals and contribute to the company's success. The process is based on the following steps:
1. Set goals: At the beginning of each year, employees work with their managers to set
goals for their performance. These goals should be specific, measurable, achievable,
relevant, and time-bound.
2. Track progress: Throughout the year, employees track their progress towards their
goals. They do this by regularly meeting with their managers to discuss their progress and
identify any areas where they need help.
3. Give feedback: Managers provide feedback to employees on their performance on a
regular basis. This feedback should be constructive and helpful, and it should focus on
helping employees improve their performance.
4. Review performance: At the end of each year, employees have a formal performance
review with their managers. During this review, the manager and employee discuss the
employee's performance during the year, and the manager provides the employee with a
rating.
5. Develop plans: Based on the employee's performance rating, the manager and
employee develop plans for the employee's development in the coming year. These plans
may include training, mentoring, or other opportunities for the employee to improve their
skills and knowledge.
• Pay: WictroniX typically pays interns a monthly stipend. The amount of the stipend
varies depending on the intern's level of experience and the project they are working on.
For example, an intern with a bachelor's degree working on a software development project
might earn a stipend of ₹10,000 per month, while an intern with a master's degree working
on a research project might earn a stipend of ₹10,000 per month.
• Incentives: WictroniX may offer interns incentives, such as bonuses or travel
reimbursement, for outstanding performance. These incentives are typically awarded at the
end of the internship period.
BBA THE MAHARAJA UNIVERSITY OF BARODA 2023-2024
• Benefits: WictroniX offers interns a variety of benefits, such as health insurance,
dental insurance, and vision insurance. Interns may also be eligible for paid time off and
tuition reimbursement.
In addition to the above, WictroniX also offers interns the opportunity to network with
experienced professionals, gain valuable experience in their field, and learn about the latest
technologies.
Here are some specific examples of pay structures, incentives, and benefits offered by
WictroniX for internship projects:
• Software Development Intern: ₹10,000 per month stipend, bonus of ₹1,000 for
outstanding performance, health insurance, dental insurance, vision insurance, and paid
time off.
• Research Intern: ₹10,000 per month stipend, travel reimbursement for conference
presentations, health insurance, dental insurance, vision insurance, and tuition
reimbursement.
Ultimately, the pay structure, incentives, and benefits offered by WictroniX for internship
projects will vary depending on the specific project and the intern's qualifications.
However, interns can expect to receive a competitive salary, as well as a variety of benefits,
in exchange for their hard work and dedication.
Labor/employee relations: -
WictroniX is a privately held company and is not union-represented. As such, the
company's labour/employee relations are handled by its Human Resources
department. The HR department is responsible for developing and implementing
policies and procedures that govern the relationship between the company and its
employees. These policies and procedures cover a wide range of topics, including
compensation, benefits, workplace safety, and discrimination.
The HR department also plays a role in resolving employee grievances and disputes. If an
employee has a problem with their supervisor or with the company's policies, they can file
a grievance with the HR department. The HR department will then investigate the matter
and attempt to resolve the issue to the satisfaction of both the employee and the company.
Here are some specific examples of how WictroniX's labor/employee relations have been
positive for the company:
• The company has a low turnover rate, which indicates that employees are generally
satisfied with their jobs and with the company.
• WictroniX has been ranked as a "Great Place to Work" by several independent
organizations.
• The company has won numerous awards for its employee relations practices.
Overall, WictroniX has a strong record of positive labor/employee relations. The
company is committed to creating a workplace where employees feel valued and
respected, and where they can thrive and grow professionally.
The HR department of WictroniX plays an important role in ensuring that the company has
positive labour/employee relations. By developing and implementing fair and equitable
policies and procedures, resolving employee grievances, and providing training and
development opportunities, the HR department helps to create a workplace where
employees feel valued and respected.
As you can see, WictroniX has a strong human capital base. The company has a low employee
turnover rate, which indicates that employees are generally satisfied with their jobs and with
the company. The company also offers a number of training and development programs,
employee resource groups, and wellness resources to its employees. These resources help to
keep employees engaged and motivated, and they also help to create a positive and productive
work environment.
Here are some additional human capital metrics that WictroniX may track:
By tracking these metrics, WictroniX can get a better understanding of its human capital and
identify areas where it can improve. This information can then be used to make decisions about
employee compensation, benefits, training, and development.
WictroniX Human Resource Department continuously works towards attaining the goal
of attracting, retaining, growing and inspiring the employees of the Company.
Head of HR WictroniX
officer
Junior Associate,
WictroniX
CXOs
Departments Heads
Project Managers
Team Member
HIRARCHY Interns
OF
WictroniX
- Recruiting the most suitable candidates and the right number of people for
optimal use of Human Resources of the Company
- Assessing employees’ training need and oversee the training and
development programs to build a skilled and superior workforce
- Managing the Performance Appraisal system for measuring employees’
individual performance to reward accordingly
- Developing and documenting Human Resources policies beneficial to both
the employee and Company
- Coordinating and overseeing implementation of services, policies and
programs through the members of Human Resources Department and
identifyingopportunities for improvement and resolves any discrepancies
- Designing, directing and managing a company-wide process of
organization development that addresses issues such as succession
planning, rotation of job, key employee identification and retention etc.
6 Organizational Development
Recruitment process
The recruitment process of WICTRONIX is very clear and up to the mark. When
recruitment process starts, at first the HR gives an online advertisement at
bdjobs.com website and they give the advertisement in the daily newspapers also.
And receives application via e-mail and postal. After the dead line exceeds,
WICTRONIX arrange a written test, from written exam short listed candidates
called for an interview, after interview selected candidates asked for medical test. If
the selected candidates found fit in the medical test the management committee
recruit him/her for the job.
WICTRONIX gives equal opportunity for all the applicants, regardless of race,
religion, origin, sex, age, disability or political affiliation/influence. Recruitment
and selection are done solely based on job- related criteria. In WICTRONIX merit
based recruitment is done through following steps:
Recruitment proposal
Collection of CV
Selection of CV
Processing for interview
Organizing written test, presentation etc.
Interview
Finalization of recruitment.
WICTRONIX Conducts two forms of recruitment namely internal recruitment
and external recruitment. When a position is created, WICTRONIX first tries to
Recruitment Approval
If the organogram/manpower planning is approved by the Managing Director or his
designated then the recruitments from the G1 to G5 should not need approval other
than the recruitment board members. It is the responsibilities of the HOD to make
their own organogram and manpower planning in the beginning of the fiscal year
and make it approved from Managing Director or his designated in consultation
with HR.
Selection Process
WictroniX has a variety of different assessment methods in the selection process.
WictroniX first determines the steps that need to be applied in the selection process.
Implementation of these steps requires creation of a selection sequence, which is an
orderly flow of people through the stages of applicant, candidates, finalists, and
offer receiver. Guidelines regarding employee assessment of WictroniX are as
follow
CV-Screening procedure:
Interview
Position Preliminary Final
Non-Management Cadre
Probationary Officer Head of HRD & Head of HRD
Department/ Division Head
Executive officer
Sr. Executive Officer
Concerned Departmental
Management trainee and Head Deputy Managing Director
above positions General Managers
Head of HRD
Head of HRD
The Primary Interview members should submit their evaluation score sheet to the
HR Manager immediately after the interview.
Finalization of Recruitment
Finalization of candidate by the final review committee.
Head of Human resource will fix up the salary grade of the selected
candidates based on their professional qualification & experience in related
fields.
Though the organization is not very large, its recruitment policy perfect for
these situations. But the company increases day by day. And they are trying to
develop their HR Department. The company recruits employee by newspaper
advertising and sometime Internship student and also through website
application. Here I would like to suggest that now they should also use
Campus Recruitment System.
As in this system help them to choose the intelligent and fresh talented employee.
So the company has to follow and take step to get the process as early as possible.
Customized Training
It defines as the program mainly conducted when a pool of employees requires the
same training need. Based on the required need WICTRONIX training team goes
for the suitable trainer/ training institution to conduct the program. This type of
program adds value to participants & company as such cost effective too.
Public Program
It describes as the programs which are arranged by different local training
institutions based on the TNA, WICTRONIX nominates employees for the training
programs.
WICTRONIX is a very curious to develop their employees by giving lots of
training. WICTRONIX arranges in house, public, customized and foreign trainings.
As a reason the company is spending huge amount of money to develop the
employees to make them perfect for the future.
Name: Department
:
General Information
Designation
The amount of training material covered was:
o Just right o Too much o Too little
Performance Management
WictroniX has a strong HR cultural. Being a local company it has its own way of
evaluation. Through different formats of evaluation they measure their employees.
performance. Participant diary and observation these two methods are applied for
evaluation. After evaluation using some matrices comes out the performance
appraisal of employees. Than it is decided whether the employee needs more
training sessions or developments . WictroniX tries to maintain a fair evaluation
process. The employees are evaluated twice a year. The employees first assess
themselves and the final evaluation is based on discussion with the supervisors. If
the employees have any objection to their evaluation they can mention it in their
evaluation sheet. Although these systems are in place, employees rarely mention it
in their evaluation sheet as they may think it would deteriorate their relationship
with the supervisor. The areas of evaluation are performance, Capability,
Responsibility and attitude. Depend on this evaluation performance employees are
getting benefited, this performance reflected in annual review of salary &
consideration for promotion.
WictroniX follows all the function, steps and process of performance appraisal and
they follow the strategy fully. They try to develop their employee performance
evaluation is being done by HR department twice a year.
The Committee’s responsibility is to ensure that the Company has a wide scope
for equal opportunity and transparency in terms of:
Suitable recruitment
Compensation on the basis of merit, qualification and competence
Adequate training and development facilities
Performance appraisal and promotions based on individual performance
and contribution
In addition, the Committee looks into any other benefits-related issues regarding
the Company’s operating results and comparable market statistics.
Leave Privileges
Annual Leave:
25 working days includes 15 calendar days of
Mandatory Leave
Leave Accumulation allowed up to 90 working days.
Casual Leave:
5 working days
Maternity Leave:
6 months
Work-Life Balance
Try to balance work and private life, and help others do the same.
Recognition for Hard Work
Strong Team Spirit
Ethical standards
WictroniX adheres to the highest ethical standards and considers it to be a key
business priority. The management expects employees to fully embrace statutory
compliances. Each employee is required to read and sign the Code of Ethics every
year as a sign of recurrence to the principles enshrined init. Additionally, WictroniX
encourages employees to act with integrity and spread the message of social
responsibility to the community and the world at large.
- Succession Planning
- Key Resources Identification & Retention
Of the above objectives, it is the active development of a strong ‘talent pool’ for
the future which is often viewed as the most important. Increasingly, this is also
seen as vital to the attraction and retention of the ‘best’ people in WictroniX.
This plan must be able to satisfy the company’s objectives in three perspectives:
• The Organization
• Managers
• Individual Employees
Campaign Management:
Content Creation:
Writing and editing marketing materials such as brochures, newsletters, and press
releases.
Contributing ideas for content that aligns with brand messaging and objectives.
Event Coordination:
Assisting in the planning and organization of promotional events and trade shows.
Coordinating logistics, managing vendor relationships, and ensuring event success.
Administrative Support:
Project Assistance:
Reference
WictroniX website www.WictroniX.com