INDUSTRIAL TRAINING REPORT

on
MADRAS INDUSTRIAL PRODUCT
Submitted in partial fulfillment of the requirements for the award of

Bachelor of commerce
by

NAVEEN KUMAR .D
Reg no: 3574099
A Study on production Department of MIP

Name : NAVEEN KUMAR.D

Internal guide : UMA MAHESWARI
External guide : M.K.VIJAYARAGHAVAN(HR)

MADRAS INDUSTRIAL PRODUCT

Manufacturers of Spiral wounds ,jacketed & ring joint gaskets
 ABSTRACT
• A study on the functioning of each department of the company where
MADRAS INDUSTRIAL PRODUCT stands competitive globally.

• The internship training which focuses towards impart knowledge and

practical exposure in the different areas of the organisation.

• Through this industrial training I understood the present condition of the

MADRAS INDUSTRIAL PRODUCT it helped to know how the valves, actuators
and accessories are being manufactured and used across different areas of
India understand their business development activities, benefits gained by
employees maintenance and procurement of finance.
 INDUSTRIAL PROFILE
• Gaskets and seals are crucial in preventing fluid and gas leakage in
vehicles. Demand in gasket and seals market is determined by factors
such as the stringent emission regulations (CAFE and NEDC) and
efforts by manufacturers to increase the warranty period.
• The analysts forecast the global gasket and seals market to grow at a
CAGR of 5.7% during the period 2016-2020
• The automotive segment dominated the gasket and seals market and
accounted for more than 36% of the market share.
• The APAC region dominated the global gasket and seals market and
will generate revenues of over USD 16 billion by the end of 2020.
 COMPANY PROFILE

• We wish to introduce ourselves as one of the leading manufacturers

of all types of industrial gaskets in India.
• like Spiral wound gaskets, Ring joint gaskets, Double jacketed
gaskets, CAF gaskets, rubber gaskets, O.Rings, .Lens gaskets etc.,
.
• We are exporting our high quality gaskets to Singapore, Malaysia, Thailand, Vietnam,
Kuwait, U.S.A., Australia, etc.
• Now we expect your valuable enquiries followed with your orders, which will receive our
For MADRAS INDUSTRIAL PRODUCTS
A.K.Choudhary./ Parthasarathy

CEO Name: J. Kumar.

Annual Turnover: 5 To 25 Crore (INR)
Number of Employees: 200 - 250
Nature of Company: Manufacturer
Country Deal: Around the Globe.
Year of Establishment: 1972
 PRODUCT PROFILE
• A gasket is a mechanical seal which fills the space between two or more
mating surfaces, generally to prevent leakage from or into the joined objects
while under compression.
• Gaskets allow “Less-than-perfect” mating surfaces on machine parts where
they can fill irregularities.
• Gaskets are commonly produced by cutting from sheet materials.
• Gaskets for specific applications, such as high pressure steam systems, may
contain asbestos.
• However, due to health hazards associated with asbestos exposure, non-
asbestos gasket materials are used when practical.
• It is usually desirable that the gasket be made from a material that is to some
degree yielding such that it is able to deform and tightly fill.
Spiral winding gasket
• It is usually desirable that the
gasket be made from a material
that is to some degree yielding
such that it is able to deform and
tightly fill the space it is designed
for, including any slight
irregularities. A few gaskets
require an application of sealant
directly to the gasket surface to
function properly
 HR Department

• The department or support systems responsible for personnel

sourcing and hiring, applicant tracking, skills development and
tracking, benefits administration and compliance with
associated government regulations .
• A human resources department is a critical component of
employee well-being in any business, no matter how small.
HR
• HR responsibilities include payroll, benefits, hiring, firing, and
keeping up to date with state and federal tax laws.
Functions of HUMAN RESOURCE DEPARTMENT
• Recruitment

• Safety

• Employee relations

• Compensation and Benefits

• Compliance

• Training and Development

FUNCTION OF HR
Recruitment

The hr department advertise job postings, source candidates, screen

applicants, conduct preliminary interviews and coordinate hiring efforts
with managers responsible for making the final selection of candidates.
Employee & relation

An employee relation is the HR discipline concerned with strengthening the employer-

employee relationship through measuring job satisfaction, employee engagement and
resolving workplace conflict. Labour relations functions may include developing management
response to union organizing campaigns, negotiating collective bargaining agreements and
rendering interpretations of labour union contract issues.
Functions of hr
Compliance
Compliance with labour and employment laws is a critical HR function. Noncompliance can result in
workplace complaints based on unfair employment practices, unsafe working conditions and
general dissatisfaction with working conditions that can affect productivity and ultimately, profitability

Safety

Workplace safety is an important factor. Under the Occupational Safety and Health
Act of 1970, employers have an obligation to provide a safe working environment for
employees. HR support workplace safety training and maintain federally mandated logs
for workplace injury and fatality reportin
MARKETING DEPARTMENT

The marketing department of any enterprise is responsible for

promoting the products, ideas and mission of the enterprise, finding
new customers, and reminding existing customers that you are in
business
MATERIALS
• MADRAS INDUSTRIAL PRODUCTS manufactures gaskets from virtually
all gasketing materials including, non-asbestos, cork, rubber, and
expanded MIP among many others. Proprietary products include:
Maximum Virgin MIP, Maximum Virgin Filled Materials, Style-Asbestos
Material, Style Non-Asbestos Material, and Style CF High Temperature
Non- Asbestos Material.
• Carbon Steel, Stainless Steel 304,304L, 316,316L,316Ti,321,347,
Montel 400, Inconel
• 600,625,800, Incoloy 800, 825, Nickel 200, Titanium, Hastelloy,
Copper
PRODUCTS

• Types of Gaskets
• `API Ring Joint Gaskets
• Spiral Wound Gaskets
• Solid Metal jacketed Gaskets
• Non asbestos fig1: api ring joint gasket
• Asbesto’s Teflon
• Other metallic and Non-metallic

fig2 spiral wound gasket

MARKETING RESOURCES
• Man power
• Machine power
• Financial power
• Wealth Power
• The product manufactured by the company is gaskets.
• This company produces gaskets by knowing the preference, and needs of
the consumers.
• MIP supply different type gaskets to market quality metal.
PRICE & DISTRIBUTION
PRICE
• The price may increase due to the demand if the customer want immediate
supply the price will increase
• Final price of a product is fixed by considering the total cost of producing a
product plus profit margin.
• In order to attract dealers and customers, discounts are allowed on the final price
DISTRIBUTION
• After gaskets are produced they are stored in company’s own godowns.
• Company has their own delivery vehicle.
• Company directly supply to importer or some agencies fixed by the importer.
• After the garments reach port the reasonability moved from company hands.
 CONCLUSION
• I am grateful to the SATHYABAMA UNIVERSITY and MADRAS INDUSTRIAL PRODUCTS for giving us
this wonderful opportunity.
• The training program having three destinations was a lot more useful
• The training program having three destinations was a lot more useful than staying at one place
throughout the whole three months. In my opinion.

BY
NAVEEN KUMAR .D
3574099