INSTITUTIONAL TRAINING REPORT DONE AT ROOTS INDUSTRIES INDIA LIMITED COIMBATORE SUMMER PROJECT Submitted by N.Selvakuma
In the partial fulfillment of the requirement for the award of the Degree of Master of Business Administration Under the guidance of G.Lalithkumari SRI RAMA!RIS"NA ENGINEERING COLLEGE MANAGEMENT STUDIES
COIMBATORE JUL# $%&'
AC!NO(LEDGEMENT
I am writing this final evaluation report as part of the ummer Internship !rogram of the MBA department."his report includes the anal#sis of $oots Industries India Limited% &oim'atore. It has 'een a great challenge 'ut a plent# of learning and opportunities to gain huge knowledge knowledge on the wa# writing this report. report. I e(press m# sincere sincere "hanks to D.!.C)ita % our ama)ing Director MBA departme department% nt% who seemed to 'e with us alwa#s* and prepared to give us feed'ack and guidelines whenever we needed it. I would also like to e(press m# gratitude to G.Lalit)akumai% facult# guide MBA depertment for guiding me through out the pro+ect. I ,ould also like to e(press m# Gratitude to M.N.Sam*at) !uma% Associate head% training - development% $oots Industries India Ltd. I also "hank Mr.avidasan% Director% $oots Industries India Ltd for recogni)ing m# prescence during the training period. I also also e(pres e(presss m# since sincere re Grati Gratitu tude de to M.Bala+ubama,iam of $oots Industries India Ltd% who guided me throughout the inplant training to visit the various departments successfull#. I would also "hank "hank all the staff/mem'ers staff/mem'ers of the $oots Industries Industries India Ltd whom I met in this time period for all the feed'ack and help which the# provided to me.
CONTENT
S. N-
Title
Pae Numbe
0
Industr# 1verview
2
3
&ompan# !rofile
4
3 .0
$oots 5amil#
4
3 .3
Mission
06
3 .7
8ision
06
3 .9
1rgani)ation tructure
00
3 .2
1rgani)ation &hart
03
3 .:
1wnership !attern
07
3 .4
!roduct Mi(
07
3 .;
<(ports
09
3 .=
>ualit# !olic#
02
3 .0 6
?$ !olicies
0:
3.00
Milestone of the &ompan#
0;
7
5unctional Departments
33
7 .0
Department of ?uman $esource
33
7 .3
Department of Marketing
3:
7 .7
Department of Information "echnolog#
3=
7 .9
Department of >ualit# #stem
70
7 .2
Department of >ualit#
73
7.:
Department of !roduction
77
9
Detailed t tud# a' a'out th the De Department of of 7: 5inance - Accounts
9 .0
1verview
74
9 .3
Department tructure
7=
9 .7
5unctions of the Department
7=
9 .9
5inancial $isk - Management !olicies
96
9 .2
"echniques Used
92
2
&onclusion
9;
ORGANISASTION PROFILE
&. INTRODUCTION "he Automo'ile industr# in India is India is the seventh largest in the world with world with an annual production of over 3.: million units in 3607. In 3607% India emerged as a s Asia@s Asia@s fourth largest largest e(porter of automo'iles% 'ehind apan% outh orea and "hailand. B# 3626% the countr# is e(pected to top the world in car volumes with appro(imatel# :00 million vehicles on the nation@s roads. roads. 5ollow 5ollowing ing economic li'erali)ation in India in India in 0==0% the Indian automotive industr# has demonstrated sustained growth as a result of increased competitiveness and rela(ed restrictions. restrictions. everal Indian automo'ile automo'ile manufacturers such as "ata Motors% Motors% Maruti u)uki and Mahindra and Mahindra% Mahindra% e(panded their domestic and international operations. India@s ro'ust economic growth led growth led to the further e(pansion of its domestic automo'ile market which attracted attracted significant significant India/specific India/specific investment '# multinational multinational automo'ile manufacturers. In 5e'ruar# 3607% monthl# sales of passenger cars in India e(ceeded 066%666 units.
In the 0=; 0=;6s% 6s% a num num'er 'er of apane apanese se manuf manufact actur urers ers launc launched hed +oint +oint/ve /vent nture uress for for 'uilding motorc#cles and light commercial/vehicles. It was at this time that the Indian govern gov ernme ment nt chose chose u)uki u)uki for its +oint/venture to manufacture small cars. 5ollowing the economic li'erali)ation in 0==0 and the gradual weakening of the license ra+% a num'er of Indian Indian and multi/n multi/nati ational onal car compani companies es launched launched operati operations. ons. ince ince then% then% automot automotive ive componen componentt and automo automo'ile 'ile manufac manufacturi turing ng growth growth has accelera accelerated ted to meet meet dom domest estic ic and e(port demands.
$. COMPAN# PRO/ILE $oots Industries India Ltd. is a leading manufacturer of ?1$ in India and the 00th largest ?orn Manufacturing &ompan# in the world. ?eadquartered in &oim'atore / India% $11" has 'een a dominant pla#er in the manufacture of ?orns and other products like &astings &astings and Industrial Industrial &leaning Machines. ince its esta'lishment in 0=46% $11" has had a vision and commitment to produce and deliver qualit# products adhering to International tandards. ,ith a strong innovative 'ase and commitment to >ualit#% $oots Industries India Limited has occupied a ke# position in 'oth international and domestic market as suppliers to leading 1
=666 and 8DA :.0 s#stem requirement earlier. $IL has entered into technical colla'oration with $o'ert Bosch% A to further enhance the technical competence. $oots@ $oots@ vision vision is to 'ecome 'ecome a world/cl world/class ass compan# compan# manufac manufacturi turing ng world/c world/class lass product% product% e(celling in human relation. $oot $ootss Indu Indust stri ries es Indi Indiaa Ltd Ltd as I1= I1=66 660 036 3666 66 firm firm and and the the pare parent nt comp compan an# # manufacture electric horns currentl# holding :6E of the Indian Market hare. "he# are suppl sup plie iers rs to leadi leading ng autom automo'i o'ile le manu manufac factu turer rerss such such as ?indu ?industa stan n Mo Motor tors% s% !rem !remie ier r Automo'iles% "elco% Ba+a+% Mahindra and Mahindra% Maruthi u)uki% Unofiat% ?#undai% ?ero ?onda% LML 8espa etc.% are also the e(clusive suppliers of the special t#pe horns to defence. "heir e(port market covers a'ove 96 countries% which include United tates% apan% German#%
?olland% far and Middle
$.&. R--t+ /amily $oots Groups promoted '# Mr.. $amasam#% A Master Degree holder in Automo'ile
$oots Multiclean Limited $oots Multiclean Ltd 'ased in &oim'atore% a outhern cit# in India known for its te(tile and light engineering products% is +oint venture $oots Industries Limited with ?ako ,erke GMB? - &o. German# is one of the largest manufacturers of cleaning equipment under license from ?ako since 0==9% within the short span of 06 #ear it has 'ecome Indias largest manufacturers of floor cleaning equipment% manufacturing manuall# operated and powered suction% weepers% cru''er Driers and the state s tate of the art Mopping #stem. "he group comprises of server important manufacturing manufacturing units with the state of the art &ADC&AMC
$oots !recision !roducts
$oots !recision !roducts was esta'lished in 0=;4 to address the in/house tooling needs of the diverse industries in $oots group. 1wing to continuous improvement and investment investment into 'etter resources% the compan# has 'ecome self/sufficient self/sufficient.. It is catering to the needs needs of vario various us indust industri ries. es. $!! $!! acts acts as a one/st one/stop op solut solution ion for tooli tooling ng and precis precision ion machining. peciali)ed in design and manufacture of
!ress tools In+ection moulds Die/casting dies igs and fi(tures
$oots !ol#craft Limited $oot $ootss !ol# !ol#cra craft ft H!&F H!&F was was esta esta'li 'lishe shed d in 0=; 0=;; ; to manuf manufac actur turee preci precisi sion on plast plastic ic componen components. ts. It is equipped equipped with with latest latest micropr microproces ocessor sor in+ecti in+ection on mou mouldi lding ng machin machines es to maintai maintain n consist consistent ent process process paramet parameters. ers. 1ver 1ver the #ears% #ears% !ol#craft !ol#craft has gained gained skills skills and unique techniques to manufacture small and medium si)e components for Automotive% !ump% "e(tile% and Medical Industries 'esides meeting the captive requirements of $oots Group. Being full# equipped to provide the 'est service% !ol#craft !ol#craft has satisfied satisfied customers who have helpe helped d augm augment ent its its techno technolog logica icall advanc advances. es. "h "hee &omp &ompan# an#@s @s commi commitm tment ent towa towards rds the customer is demonstrated with qualit# products and service. "his has resulted in continuous growth and product diversification. diversification. "he process is closel# monitored with proven techniques techniques to o'tain consistentl# good qualit# parts.
$oots &ast !rivate Limited $oots $oots &ast &ast !vt. !vt. Ltd.% Ltd.% H$&!LF H$&!LF Hformerl# Hformerl# known known as Aruna Aruna Auto &asting &astingss !rivate !rivate LimitedF was esta'lished in 0=;9 to meet the captive requirements of the $oots group. ,ith its ever pro'ing e#e on the needs of the market% the compan# in the late ;6s e(panded its operations to manufacture ?igh !ressure Die &ast Aluminium and inc components to the e(acting needs of various customers in Automo'ile and "e(tile Industries with a high degree of >ualit# and !erfection. $&!L now has esta'lished itself as a ma+or pla#er in the die cast component component manufacturing thanks to the e(pertise 'uilt in the core activities like tool design% tool making making and pressure pressure die cast component component manufac manufacturi turing. ng. $&!L $&!L supp supplie liess machine machined d castings and su'/assem'lies as per customer requisitions.
