DIVGI INDUSTRIES SIRSI

DIVGI INDUSTRIES PVT LTD, SIRSI CHAPTER-IINTRODUCTION A social unit of people that is structured and managed to meet a need or to pursue collective goals. All organizations have a management structure that determines relationships between the different activities and the members, and subdivides and assigns roles, responsibilities, and authority to carry out different tasks. Organizations are open systems--they affect and are affected by their environment There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, co-operatives, and universities. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. In the social sciences, organizations are the object of analysis for a number of disciplines, such as sociology, economics,[1] political science, psychology, management, and organizational communication. The broader analysis of organizations is commonly referred to as organizational structure, organizational studies, organizational behavior, or organization analysis. A number of different perspectives exist, some of which are compatible: GOVT. FIRST GRADE COLLEGE, SIRSI Page 1 DIVGI INDUSTRIES PVT LTD, SIRSI 1. From a process-related perspective, an organization is viewed as an entity is being (re-)organized, and the focus is on the organization as a set of tasks or actions. 2. From a functional perspective, the focus is on how entities like businesses or state authorities are used. 3. From an institutional perspective, an organization is viewed as a purposeful structure within a social context. Economic approaches to organizations also take the division of labour as a starting point. The division of labour allows for specialization. Increasing specialization necessitates coordination. From an economic point of view, markets and organizations are alternative coordination mechanisms for the execution of transactions. By coordinated and planned cooperation of the elements, the organization is able to solve tasks that lie beyond the abilities of the single elements. The price paid by the elements is the limitation of the degrees of freedom of the elements. Advantages of organizations are enhancement addition and extension. GOVT. FIRST GRADE COLLEGE, SIRSI Page 2 DIVGI INDUSTRIES PVT LTD, SIRSI STATEMENT OF THE PROBLEM One of the main problems faced by management in organizations is the need to maintain a competitive advantage. With the global economic climate it has been difficult for companies and organizations to keep up with their rivals, let alone better them. Corporate culture is one responsibility that management needs to adhere to because it is vital when you want to succeed in business. It creates a sense of innovation and productivity as opposed to a more negative culture which may stifle employees and detrimentally affect job gratification. In addition, managers have a huge responsibility for guiding the organization in the right their employees and resources in order to put the organization in a direction that will grant them success. Most modern management take on a strategic management style which initially states the main aim of the particular mission which follows by the processes that will be carried out on a day-to-day basis. Moreover, one of the most important aspects that a good manager requires is solid communication skills. It is very likely in business that you are going to come into contact with conflicting styles of communication, however it is the manager's job to be aware of this as well as their own style. They need to be able to enforce their own style of communication while being able to adapt to others, especially if they are consulting with other organizations and companies. GOVT. FIRST GRADE COLLEGE, SIRSI Page 3 at least at first. Seen thus. and the consciousness is that of the leadership. GOVT. SIRSI Page 4 . Lenin’s claim that consciousness must come to the workers from outside. comes to mean centralization and plans carried out. individually. whether it is elected or not. They may. from an organization of professional revolutionary intelligentsia. At times Lenin does stray into this meaning of the terms. would indeed be the sinister cornerstone of an elitist doctrine that many see it to be. by members of a disciplined organization. In this sense all revolutions have been largely spontaneous. as the opposite. on instructions. Consciousness. FIRST GRADE COLLEGE. be unaware of the part their action plays in the total scheme.DIVGI INDUSTRIES PVT LTD. SIRSI The first sees in spontaneity decisions made at root level. local initiative and the absence of delegated decision making. especially when seeming regrettably to make a virtue of the necessary limitations of internal democracy imposed on a revolutionary organization by illegality and the need for secrecy. FIRST GRADE COLLEGE. it can be called as a cooperative system in which people gather and formally agree to combine their effort for a common purpose. often classified as. SIRSI REVIEW OF LITERATURE Organizing is a study of collection the available resources. defining and delegating responsibility and authority and establishing relationship for the purpose of enabling people to work most efficiently together accomplishing objectives. charting and chalking out their orderly uses and finally accomplishing the preset organizational plans by structuring tasks. 2. an organization is “a systematic of consciously coordinated activities or efforts of two or more persons”. 3. and natural resources. Management comprises directing and controlling group of one or more people or entities for the purpose of coordinating and harmonizing that group to wards accomplishing a goal. Management s not only important from the companies’ point of view but it is required in each and every activity one can think of. According to LOUIS ALLEN “Organization is the process of identifying and grouping work to be performed. 1. In the word of Chester Bernard. SIRSI Page 5 . Planning Organizing Leading/motivation Controlling GOVT. Management operates through various functions. Management often encompasses the deployment and manipulation of human resources. In other words.DIVGI INDUSTRIES PVT LTD. 4. technological resources. SIRSI According to F. To study labour and capital of divgi industry. It studies the various steps that are generally adopted by a researcher in studying the research problem. to command. to organize. 4. To know the history of divgi industry. Source of data collection: GOVT.W. 5. 2. 3. To study the organization and management of divgi industry.DIVGI INDUSTRIES PVT LTD. TAYLOR “management is the art of knowing what you want to do and then seeing that it is done in the best and cheapest way” According to HENRY FAYOL “To manage is to forecast and to plan. To study production process of divgi industry. FIRST GRADE COLLEGE. to coordinate and to control” OBJECTIVES OF THE STUDY 1. It’s a science of any thing how research is done scientifically. SIRSI Page 6 . To know the infracture facility of the divgi industry METHODOLOGY AND PROJECT DESIGN Research methodology is a systematic way for solving any research problem. magazines. It can be found in unpublished autobiographies. SIRSI Page 7 . GOVT. and questionnaire and through interview schedule in the original form by the researcher himself or his nominees.DIVGI INDUSTRIES PVT LTD. Generally speaking secondary data are information which has been previously collected by some organization to satisfy its own needs but the department under reference for an entirely different reason using it. some govt. Published data: data that is already available in books. report prepared by research scholar etc 2. FIRST GRADE COLLEGE. Secondary data These data are those data which have been collected by some other and which have been processed. trade journals. 1. The primary data collection involves the collecting of information from the first time by observation. aspects and private individual organizations. newspapers. SIRSI Primary data The primary data are those which have been collected fresh for the first time and thus happen to be original in character. experiment. There are two sources for secondary data. Unpublished data: this is not published. DIVGI INDUSTRIES PVT LTD, SIRSI STUDY AREA The researcher intended to study in sirsi taluk of uttarakannada district of Karnataka state. Divgi Industries Private Limited (DIPL) is situated at Banavasi Road, Sirsi. It is a medium scale engineering industry of prestigious city SIRSI. DIPL was incorporated in the year 2000.Its actual commercial activities started in April 2003. PERIOD FOR THE STUDY This study is mainly for the purpose of partial fulfillment of BBA study. The allotted time is very less only one month. Study is started from 9th December 2012 and ends in 9th January 2013. SCOPE OF THE STUDY Importance or area of study: to study the problems and suggestions The studies throw various aspects of organization and management such type of very useful to know organization and management and also to overcome the problem of organization and management. It is very useful to the entrepreneur to under stand the nature and working of organization and management and also to adopt innovative methods. By that to reduce cost of production and to also to improve the quality of the product and to get maximum benefit. GOVT. FIRST GRADE COLLEGE, SIRSI Page 8 DIVGI INDUSTRIES PVT LTD, SIRSI LIMITATIONS OF THE STUDY The study is limited and may not applicable in all places in all time because of the study is confined to a various limitations: a. DIPL depends completely on Divgi Warner Pvt. Ltd (Pune) for procurement of raw materials & supply of finished goods. b. Limited study area, the study is conducted sirsi uttarkannada district. c. Limited time, the study is only one month 9th December2012 to 9th January2013. d. Another Limitation is that limited resources. e. Lack of co ordination is the one more limitation of this study. GOVT. FIRST GRADE COLLEGE, SIRSI Page 9 DIVGI INDUSTRIES PVT LTD, SIRSI CHAPTER SCHEME Chapter-1 1. Introduction 2. Statement of the problem 3. Review of literature 4. Objective of the study 5. Methodology a) Source of primary data b) Source of secondary data c) Study area d) Sampling for the study e) Period of study 6. Scope for the study 7. Limitation for the study Chapter-2 Nature and growth of auto component industry 1. Nature and growth of auto component industry in world 2. Nature and growth of auto component industry in India 3. Nature and growth of auto component industry in Karnataka Chapter-3 1. Company profile 2. Product profile GOVT. FIRST GRADE COLLEGE, SIRSI Page 10 Stores department 3. Suggestions 5. Bibliography GOVT. Findings 3. Finance department 8. Purchase department 2. Computer aided design department 7. Conclusion 6. Maintenance department Chapter-5 1. Summary 2. problems 4.DIVGI INDUSTRIES PVT LTD. SIRSI Page 11 . SIRSI Chapter-4 Departmental study 1. Quality department 6. Manufacturing department 4. Human resource department 5. FIRST GRADE COLLEGE. Amtek Auto and MICO. We believe. exports looking up: It is expected that domestic revenue for auto component companies will remain strong given a stable 10-15% volume growth outlook for various auto segments. SIRSI CHAPTER -II NATURE AND GROWTH Auto Components Market Strong growth in the domestic automobile industry and a stable 10-15% future growth outlook over the next two years would drive demand for auto components both in the domestic OEM and the aftermarket. GOVT. Amtek Auto has successfully implemented the strategy of acquiring customer base overseas and outsources the labor intensive operations to its low cost Indian facilities. FIRST GRADE COLLEGE. MICO and Balkrishna Industries over the same period. a slowdown in key global markets and the fragile financial health of global OEMs as also Tier-I vendors would lead to higher outsourcing by these players to low cost auto component players in the long term. We expect 15% revenue CAGR and 22% earnings CAGR for our auto component universe over FY07-09 led by strong revenue and earnings growth for Bharat Forge. Exports too are in a scale up mode for leading players like Bharat Forge. Exports for leading players.DIVGI INDUSTRIES PVT LTD. too appear to be scaling up and a slowdown in key global markets and fragile financial health of global OEMs and Tier-I vendors will only accelerate the pace of outsourcing to leading auto component players in Low Cost Countries like India. Domestic growth on a firm footing. SIRSI Page 12 . 2% over next five years (2012-2017). While factors like higher interest rates and a higher base could check growth rates in the near term. MICO and Balkrishna Industries Strong growth outlook for domestic auto OEMs to boost demand While auto component companies retain focus on enhancing their overseas revenues. NATURE AND GROWTH OF AUTO COMPONENT INDUSTRY IN WORLD The global auto component industry experienced moderate growth over the last five years and is expected to continue its growth momentum reaching approximately $730. emergence of new growth drivers like organized retail. FIRST GRADE COLLEGE. Favorable demographics along with very low vehicle penetration indicate strong long-term demand prospects for cars and two-wheelers. Strong growth in industrial production. and the ongoing pace of investments and infrastructure development in the country would drive demand for commercial vehicles.8 billion in 2017 with a CAGR of 3. SIRSI Expect strong earnings momentum for leading players: The expected revenue CAGR is 15% and earnings CAGR is 22% for auto component market over FY07-09 led by strong growth for Bharat Forge.DIVGI INDUSTRIES PVT LTD. their domestic businesses too appear on a firm footing with buoyant growth outlook for the domestic auto OEMs. APAC is anticipated to emerge as the leading growth market over the forecast period due to high demand and low-cost manufacturing GOVT. the industry’s prospects nevertheless remain strong. SIRSI Page 13 . and retailers. Lucintel. including aftermarket parts manufacturers. a leading global management consulting and market research firm. Features and Scope To make any investment or strategic decision. SIRSI Page 14 . This market report fulfills this core need. suppliers. has analyzed the global auto component industry and presents its findings in "Global Auto Component Industry 2012-2017 Trend. Some of the features of this market report are: a. you need adequate and timely information. Gross and net profit trends in the global auto component industry g. and Forecast Analysis. dealers. Global auto component industry analysis annual trend (2006-2011) and forecast (2012. Quarterly demand trend (Q1 2010 to Q4 2011)and forecast analysis (Q1 2012 to Q4 2012) for global auto component industry f. Profit. FIRST GRADE COLLEGE. Porter's Five Forces analysis d.DIVGI INDUSTRIES PVT LTD. SIRSI practices in the region. Industry size estimates in terms of (US $) value by region and by segment b." The global auto component industry is a highly diversified sector that involves engine and auto component manufacturers. New product launch and merger and acquisition activity in global auto component industry e. Cost structure trend in the global as well as regional auto component industry GOVT.2017) c. SIRSI Industry Analysis & Industry Trends The Global Auto Parts & Accessories Manufacturing industry cannot exist without motor vehicle production. which has flowed on to slowed automotive parts and accessories revenue. and parts manufacturers soon followed. motor vehicle production has been supported by furious growth in China and other developing economies. which has created new demand for motor vehicles. there are signs of GOVT. India. skyrocketing fuel prices and stringent emissions regulations have slowed global demand for new motor vehicles.DIVGI INDUSTRIES PVT LTD. The majority of the rise in industry establishments over the 10 years through 2017 is due to the explosion of the automotive sector in China. while it is enjoying a growth phase (nearing maturity) in emerging economies. although the first quarter was good for exports. Motor vehicle manufacturers began opening plants to satisfy demand. A rise in the number of vehicles in use globally also been supported the aftermarket parts segment. However. Brazil and Russia Indian auto component industry has seen some silver lining with exports. FIRST GRADE COLLEGE. for example. Mexico. which continues to grow at 15-20%. SIRSI Page 15 . where companies are going bankrupt. Industry SWOT Analysis The Global Auto Parts & Accessories Manufacturing industry is in decline in mature economies such as the United States. some of the domestic players say. being acquired and consolidating furiously to survive. Over the past five years. However. The story is completely different in the United States. Incomes in China have risen. Global companies have been able to hedge against domestic downturn by expanding into new locations such as China. especially Germany. growing 33% over $5. GOVT. with 35% share continues to be our largest export destination followed by the US with 23% share. Europe.2 billion in 2010-11. 80% of our exports are to the OEMs. SIRSI Page 16 . especially in the Asia-Pacific region. which is a testimony to the global acceptance and recognition of India manufactured auto components. We are glad that exports in 2012-13 continue to be robust despite the global economic turmoil.DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE. Our exports stood as $6. which is somewhat slower than that of the last year. SIRSI slowdown in the international market too. Interesting. We expect exports to continue to grow at around 15% this year.9 billion in 2011-12. DIVGI INDUSTRIES PVT LTD. In recent years. and Mahindra & Mahindra led to steadily increasing production. components. Industry dynamics The Indian auto components industry started out small in the 1940s supplying components to Hindustan Motors and Premier Automobiles. two largest manufacturers of automobiles in India at that time. FIRST GRADE COLLEGE. After 1991. Manufacturing vehicles typically involve assembling a large number of components out-sourced from number of ancillaries or component manufacturers. the GOVT. The industry plays a crucial role in the automobile sector. it has grown more impressively. the arrival of Telco. it has captured attention as well as business from leading auto makers of the world. fetch double digit growth. Competitiveness with quality as a theme has been the watchword for the Indian industry and especially the auto component industry ever since the Indian economy was opened up to the world in the early 1990s. lower interest rates and better road infrastructure are driving domestic demand for automobiles and. A closed market with high import tariffs characterized the Indian auto component industry pre 1985. Bajaj. More interestingly. SIRSI Page 17 . In the 1950s. therefore. While economic revival. SIRSI NATURE AND GROWTH OF AUTO COMPONENT INDUSTRY IN INDIA The auto component industry has come of age and now forms an important component of the Indian economy. 1985-91 saw significant JVs in the Indian auto component segment with Japanese manufacturers. increasing outsourcing by global automobile majors is creating a huge export opportunity for Indian component manufacturers. etc. etc. ignition coils. There are many companies like Ucal Fuel. cater to two-wheelers. horns. etc. etc. ii. SIRSI Page 18 . Rane Brakes. carburetors. Subros. which supply mainly to car industry. axles. The major players in the auto ancillary industry can be classified between the ones catering to the two wheeler industry and the four wheeler industry. etc. fuel injection pumps. etc. etc. piston rings. FIRST GRADE COLLEGE. wipers. starter motors. gaskets. Bharat Forge. etc. generators. flywheel magnetos. Equipment: Dashboard instruments. Companies like Munjal Showa. vi. MICO. Others: Fan belts. Electricals: Spark plugs. Sundaram Clayton. shock absorbers. Motherson Sumi. etc. distributors. brake assemblies. Suspension and braking parts: Leaf springs. iv. plastic moldings’. mainly cater to commercial vehicles/tractors. Industry into the following product segments: i. PRICOL. GOVT. iii. headlights. voltage regulators. Sundaram Brakes. wheels. SIRSI delicensing of the sector led to global auto manufacturers initiating assembly operations in India. steering gears. Lakshmi Auto. Omax Auto. piston pins. sheet metal parts. v. Engine and engine parts: Pistons. crown wheels and pinions.DIVGI INDUSTRIES PVT LTD. Drive transmission and steering parts: Transmission gears. SIRSI Sectoral Performance The auto-ancillary was the best performing sector among the intermediate goods. fabrications and cutter manufacturing in-house which constitute the major raw materials for gearboxes. casting. design and management. The company has facilities for manufacturing patterns. thus driving the demand further. SIRSI Page 19 . GOVT. The main reason for boost in export is that the nature of the customer base of overseas market has been undergoing major change. batteries and tyres have grown in a range of 25-40%. Moreover. ferrous castings. aluminum castings. FIRST GRADE COLLEGE. centrifugal castings of phosphor bronze rings. utility vehicles and CVs made in India are increasingly getting acceptance in foreign markets. inorganic growth in developed countries and cost reduction measures on fronts like quality. Future Outlook Given the significant scale up of capacities by the domestic majors. and their improving global cost effectiveness. forging.DIVGI INDUSTRIES PVT LTD. heat treatment. the domestic auto ancillaries are well set to sustainable scale up their share of the global auto component pie. fasteners. Even Indian two-wheeler majors are targeting markets abroad. cars. Different segments of the sector such as bearing. Indian companies are transforming into principal suppliers for the Original Equipment Manufacturers (OEMs) from the after sales market or replacement market. The players are aggressively focusing on new client acquisition. delivery. Growth in the domestic market would be driven by sustained growth in supplies to OEMs as well as acceleration in the demand from replacement market. FIRST GRADE COLLEGE. which is aimed at keeping costs under control. which is a key driver of auto-component industry. Automobile industry. As part of this policy. the company has taken a conscious decision to move away from the multiple vendor models to a single vendor model. the short to medium term outlook for the domestic auto component producers is positive. The company has already started discussion with few tier 1 component manufacturer of Tata Motors in this regard The company is planning to tie up with an outfit which is likely to be entrusted with for the break assembly of small car. Tata Motors is overhauling its outsourcing policy across all categories of cars. and replacement market are slowing down competitiveness in global markets in turn boosting the productivity of Indian auto components industry.DIVGI INDUSTRIES PVT LTD. Overall. outsourcing. Along with this some other key drivers including exports. is likely to grow at 12-17%. GOVT. Hindustan Composites is planning break lining and clutch facing unit near the proposed Tata Motor plant at Singur in Hooghly district of West Bengal. SIRSI Simultaneously. SIRSI Page 20 . foreign auto majors like Ford and Hyundai are making India its manufacturing base for several models. SIRSI The world's top car makers turn to India for the nuts and bolts of their vehicles. and a globally competitive one. the Indian automobile components industry has emerged as one of India's fastest growing manufacturing sectors.DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE. SIRSI Page 21 . and capitalizing on the spiraling demand of domestic auto companies. A number of them source critical components from India. with engine parts making up nearly a third of all exports: Electrical Parts Equipments 10% 20% 13% 33% 13% 11% Engine Parts Suspension & Braking Parts Body And Chasis Drive Transmission & Steering Parts GOVT. Riding this success. DIVGI INDUSTRIES PVT LTD. granite to gold.791 sq.Kms) and is the eighth largest Indian state by area. Bangalore is the capital city of the State and is at the forefront of the rapid economic and technological development. Karnataka accounts for 5. SIRSI NATURE AND GROWTH IN KARNATAKA The State of Karnataka is bounded by Maharashtra and Goa States in the North and North-West. The State is blessed with a fair share of natural resources – an extensive river systems that aids power generation besides sustaining agriculture.kms. SIRSI Page 22 . by Kerala and Tamil Nadu States in the South and by the State of Andhra Pradesh in the East. a temperate climate conducive to growth of agriculture as well as industry besides a 320 km long coastline which supports a flourishing marine industry GOVT.91.83 percent of the total area of the country (32. and covers an area of about 1. The State extends to about 750 kms from North to South and about 400 kms from East to West. Kannada is the official and most widely spoken language. FIRST GRADE COLLEGE. the ninth largest by population and comprises of 28 districts. by the Arabian Sea in the West. a wide spectrum of minerals ranging from iron ore to limestone.88 lakh sq. India’s first Aerospace SEZ operational at Belgaum. 4.DIVGI INDUSTRIES PVT LTD. Kolar. Globally the auto component industry is set to grow at about 3% till 2015 with 635 of growth coming from emerging countries. rapid urbanization of population and growth in semi urban areas. This is an industry where the small and medium enterprises (SME) can showcase their mettle. 2. SIRSI Present Scenario & Strengths The growth drivers for the development of the sector are the rising income levels and higher disposable income. Produces more than a quarter of India’s Aircraft and Spacecraft. and Belgaum. auto and auto parts hold the key to economic growth of the state. concentration on auto components by itself can accelerate the growth. Termed a priority sector. Dharwad. 3. India has opportunity to capture major portion of the outsourcing deal in the next decade. SIRSI Page 23 . Potential & Opportunities 1. GOVT. The fourth-largest State in Automotive production in India. FIRST GRADE COLLEGE. One of the largest Foundry industry clusters at Belgaum. Prime Locations of Business The main locations for automobile industries and the resources available are at Bangalore Rural. Karnataka Industrial Areas Development Board (KIADB) is developing an industrial area near Bidadi in 442 acres mainly to promote Automobile & manufacturing Industries. Ramanagara. however in absolute terms the exports grew by 46%. Europe accounted for 36% of exports followed by Asia and North America at 28% and 23% respectively. With exports to North America.4 billion in 2009-10. SIRSI Major Players Bosch Toyota Kirloskar Motor Ltd TVS Motors Volvo Tata Motors L&T Komatsu Vikrant Tyres BEML Escorts Reva Electric Cars Exports: The Exports of auto components grew to USD 5. GOVT.DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE. Although the proportion of exports to Europe declined from 40% last year to 36%. SIRSI Page 24 . Exports to North America and Asia grew by 65% and 48% respectively.2 billion from USD 3. 25 billion in 2010-11 in several green-field as well as expansion projects. GOVT. South Korea and Thailand contributed to the maximum imports to India while from Europe the key contributors were Germany.5 billion from USD 6.5 billion. China. The industry is expected to add at least another similar number in capacity addition 2011-12. SIRSI Page 25 . Asia and Europe contributed to over 56% and over 35% of the imports respectively. Italy and Czech Republic. Capacity Addition: The auto component industry added capacity in the range of USD 2 -2.5 billion in 2009-10. FIRST GRADE COLLEGE. The quantum of imports has also increased due to several FTAs and other trade agreements signed by the Government. imports of auto components also grew by 30% to USD 8. a full recovery of exports are expected to gain strength in 2011-12. The cumulative investment (gross-block) in the auto component sector in India over the last five years stood at over USD 6. almost 85% of the imports were accounted for by the OEMs.DIVGI INDUSTRIES PVT LTD. the rest 15% by the aftermarket. SIRSI Europe Asia and other parts of the world are improving. Imports: With growth in the domestic market. Within Asia. SIRSI Page 26 . Employment in Numbers GOVT.96 45. SUVs.78 4. FIRST GRADE COLLEGE. two-wheelers. of Units Established 1.259 Investment in Rs.44. LCVs. SIRSI Potential / opportunities: There is a huge potential in the automobile in Karnataka.No Sector No. There is a potential to get into the global supply chain of international OEMs and a subsequent direct export to the after market and other OEMs globally.62 13.845 3008. Medium Scale Industries 3.331 194 2499. Small Scale Industries 2. Large & Mega Industries 21 8682. cars. Cr.703 93. and tractors) and exports. Components are also being supplied across India to other OEMs from Karnataka. With major international OEMs having manufacturing facilities in Karnataka. has given the sector a huge impetus. supply to them from within the country and this region in particular. Sl. The component industry caters to OEMs (all kinds of automobiles such as trucks.DIVGI INDUSTRIES PVT LTD. buses. SIRSI CHAPTER-III COMPANY PROFILE GOVT. FIRST GRADE COLLEGE. SIRSI Page 27 .DIVGI INDUSTRIES PVT LTD. SIRSI Company Name: DIVGI INDUSTRIES PRIVATE LIMITED Registration no.B.B. Bharat.B. Divgi Total no. Divgi Address: Divgi industry Sahyadri colony Sirsi (U. Divgi Mr.N. Divgi Mr.K)-581902 Status: Domestic Company Nature of business: Ancillary unit of manufacturing spare parts Type of industry: medium scale industry Total area: 27 acres Building area: 1000 meters Directors: Mr.: MY-NK-255 Founder: late shree R. Hirendra . SIRSI Page 28 .DIVGI INDUSTRIES PVT LTD. Jitendra . FIRST GRADE COLLEGE. of labors: 68 GOVT. of workers: 92 Total no. Mobile/ telephone 3. SIRSI Page 29 . Tools 2. Furniture 7.DIVGI INDUSTRIES PVT LTD. SIRSI Assets of company: 1. Fax machine 10.Xerox machine Total type of machinery: 26 Total no of machinery: 54 Average job doing per day: 5000 jobs Water used per day: 2000 liters Coolant oil used per month: 50 liters Fuel (diesel) per month: 100 liters GOVT. FIRST GRADE COLLEGE. Computer 6. Electrical fitting 5. Air compressor 8. Machinery 4. Camera 9. FIRST GRADE COLLEGE. It has vast area with 27 acres of land in which the built up area is 6501 square meters. SIRSI Page 30 . 4. the need of additional infrastructure requirement as necessary are discussed and Further actions are taken.DIVGI INDUSTRIES PVT LTD. Adequate building and amenities. Manufacturing and measuring equipment necessary to relies and supply 3. 6. 2. The company has acquired infrastructure resources as bellow: 1. Conforming product. Are available. Predictive maintenance. 8. During management review meet . The maintenances of machines is conducted through preventive and 5.realization plain . GOVT. Support services such as an adequate communication and transport facilities 7. SIRSI Infrastructure: The company has acquires building and machinery on an annual lease from DWPL. FIRST GRADE COLLEGE.DIVGI INDUSTRIES PVT LTD. SIRSI Organization chart of DIPL Managing director Assistant manager MR department HR department Purchase department Account department Store department MDT QA head Cell supervisor Assis tanc e QA inspector Operator Maintenance Assistance Helper GOVT. SIRSI Page 31 . DIVGI INDUSTRIES PVT LTD. SIRSI Page 32 . 2001: transfer case development for Chinese OEM’s. Ltd. new production facility at sirsi. It is certified with ISO/TS-16949 quality system in the year 2005. FIRST GRADE COLLEGE. India and borg Warner torq transfer system. The Business carried on by a company is manufacturing of components required for assembly of transfer case and auto locking hubs. Nature of business DIPL is an ISO/TS-16949 quality certificate company since 4th oct. DIVGI WARNER PRIVATE LIMITED is the main customer of DIVGI INDUSTRIES PRIVATE LIMITED.2005. it is registered under registration of companies at Bangalore. Their main banker is Indian overseas bank. 1999: commenced exports with the automatic locking Hub for US after markets. USA established in pune. plant and machinery from Divgi Metal Wares Pvt. 1997: first transfer case developed for TATA motors. 2000: pune plant archives QS 9000 certification. 2002: sirsi plant archives QS 9000 certification GOVT. 1998: transfer case developed for Mahindra. SIRSI History of the industry It was corporate in the year 2000 but its commercial transact was started in the year April 2003 by acquiring assets like building. Brief history of the company 1995: JV formation between divgi metal wares. DIVGI INDUSTRIES PVT LTD. 2009: won chairman’s products innovation award. 2005: both facilities achieve TS/16949 CERTIFICATION transfer case proto type successfully validated for ford Mazda business in Thailand beginning 2006. 2008: the company had applied for the certification of EMS (environment management system) 1400 and healthy safty 18000. money and trust. GOVT. 2011: Best Supplier Award. SIRSI 2003: commenced business with Borg warner. VISION: To be catalytic and innovative organization in the society that supplies goods and services that are of superior value to those who use them. 2010: Add 2 nos of New CNC Machine in Machine shop. senesce 2004: increased value added sourcing initiative from India to Borg Warner locations takes off. 2007: improve the products and production different ranges of products. SIRSI Page 33 . FIRST GRADE COLLEGE. 2012: Synchro Product Developed. create jobs that provide meaning for those who do them and offer our talents and wealth to help and reward all who invest in us their time. SIRSI MISSION: DIPL is to assist their customer seek new frontiers of value for the continuously evolving needs of a globalization. market place in so doing . They seek to provide their customers a continuous source of innovation by anticipating change and shaping it to our purpose.DIVGI INDUSTRIES PVT LTD. GOVT. QUALITY POLICY: At DIVGI they endeavor to perceive excellence in all spares of their business activity through a process of continuous improvement they see world class quality in their products and services to consistently meet or exceed their customers’ expectations and achieve leadership in the market they serve. GOALS: To become India’s permanent and preferred technology increate based solution provide in automotive transmission and power train application for on and off highway usage to achieve world class standard in all spares of their business activities. SIRSI Page 34 . FIRST GRADE COLLEGE.they seek to bring unique distinctive and superior value to those who use their production and services. They committed to a high standard of motivation competency and innovation in their people who they believe on essential to the pursuit of excellence. To produce detect and hassle free quality products and services to meet or exceed expectations. manage and carry on the business of workshop. founders. To carry on the business of engineers. import. 3. 2. wire drawers etc… 3. To carry on the business as technical advisers. as similar to or connected with the objects of the company for such terms and conditions as are beneficial to the company. To manufacture. builders. SIRSI Page 35 . SIRSI OBJECTIVES: 1. export. To own. FIRST GRADE COLLEGE. process. treat. run. To pursue excellence in all spheres of our business activity through a process of continual improvement. exchange after improve manipulate report. contractors.DIVGI INDUSTRIES PVT LTD. sell. 4. consultants for any other person or person interned in or carrying or any of the business. Competency that is essential to the pursuit of excellence. Commitment of high standards of motivation and 5. buy. 2. To attain market leadership. ORGANISATIONAL PURPOSE: 1. GOVT. filters. 4. 1. 2. They are classified as single chorden and double chorden. It includes several items Made up of steel. Manual transmission technology and products. 3. Synchronizer technology and products. FIRST GRADE COLLEGE. Those are supplied to Mahindra &Tata Motors. Upper output shaft 2. SIRSI PRODUCT PROFILE The company manufactures mainly the following spare parts of automobile industries. The raw-materials required to manufacture these components are procured from Bhosari. Transfer Case: They are used in 4*4 vehicles. Exported to Borg Warner Torq Transfer Systems. Shafts: 1. The company also manufactures the spare components required by a transfer case. Also c. Pune.DIVGI INDUSTRIES PVT LTD. b. SIRSI Page 36 . GOVT. Lower output shaft Yokes: a. 4 W D technology and products. there are different machines those are CNC turning machine. To convert 2*2 drive into 4*4 drive. 1st 2nd 3rd 4th gear 6. Sprocket drive 3. To amplify Torque. broaching machine. CF . Here some of those are companion flange 006. Sprocket driven 4. different kinds of flanges are manufacturing using CNC machines. SIRSI Front Adaptor: It is an item made up of aluminum.006 7. high temperature is producing. SIRSI Page 37 . GOVT. Pinion Gear 5. San gear 4426/1350 2. FIRST GRADE COLLEGE. In this cell.DIVGI INDUSTRIES PVT LTD. drilling machine. Flange Cell: In this cell. punching machine etc…The proper coolants are always used for reducing the tool wear because in the cutting zone. NGT – 530 Functions of Transfer Case1. companion flange 030 etc……. Gear: These items include: 1. 2. SIRSI Shaft Cell: In this cell.DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE.. conventional lathe. those are CNC machines. deep hole drilling machine. In the shaft cell. SIRSI Page 38 . GOVT. thread rolling machine etc…. VM machine. PROBLEMS:  Of set problems  Tool breaking  Power problem  Rough surface  Usage of unsuitable oils and coolants  Improper holding of the job  Fricton and tool wear. manufacturing shaft which is used in the transfer case. we saw different types machines. DIVGI INDUSTRIES PVT LTD. SIRSI Page 39 . SIRSI Shafts: Gear: GOVT. FIRST GRADE COLLEGE. SIRSI Companion Flange: Yokes: GOVT.DIVGI INDUSTRIES PVT LTD. SIRSI Page 40 . FIRST GRADE COLLEGE. DIVGI INDUSTRIES PVT LTD, SIRSI CHAPTER-IV Title of the study:- “A Study on organization and management with reference to Divgi Industries Private Ltd. SIRSI.” DEPARTMENTAL STUDY OF DIVGI INDUSTRIES A department refers to the process of grouping activities into departments. Division of labor creates specialists who need coordination. This coordination is facilitated by grouping specialists together in departments .A department is a part of a larger organization with a specific responsibility. For the division of organizations into departments, see departmentalization. The term "department", in other contexts, means an administrative sub-division of a larger organization. The Department of Organization's research and teaching are based on the managerial and organizational processes in private, public, voluntary and other organizations. Our goal is to create and disseminate new knowledge about organizational processes that are applicable and that may inspire business executives and others to work with new organizational structures. 1. Purchase department 2. Stores department 3. Manufacturing department 4. Human resource department 5. Quality department 6. Computer aided design department 7. Finance department 8. Maintenance department GOVT. FIRST GRADE COLLEGE, SIRSI Page 41 DIVGI INDUSTRIES PVT LTD, SIRSI PURCHASE DEPARTMENT: Purchase function covers all activities related to procurement of raw materials and other materials of the with planning, company. The purchase function is to interact stores, production, and quality control and finance department whenever necessary. In charge of purchase department is responsible for all the activities related to the procurement of materials in the company. Functions: 1. Evaluate 2. Prepare a the suppliers list of evaluated suppliers who meet the company requirements and update it if the new supplier is added. 3. Receives the purchase requisition from the stores. the 4. Identify the supplier, place the enquiry and receive quotation from approved 5. For purchases bellow suppliers. Rs. 500/the purchase exceed order may not this amount be realized. Only if P.O is made. 6. In purchases case urgency /emergency material approval from the C.E.O may be purchased on verbal 7. Prepare 8. Monitor / director. to supplier. and place the on timely purchase order delivery of the materials. received; check the 9. Ensure the quantity of verifications activity to materials accept the materials. Page 42 GOVT. FIRST GRADE COLLEGE, SIRSI DIVGI INDUSTRIES PVT LTD, SIRSI 10.Release the payment 11.Carry out 12.Suggest to the suppliers. suppliers. the supplier rating quarterly to the the supplier to improve requirement. specifies the supplier, from in case, supplier rating does not match to the 13.In case if customer the department procures the material source only. purchased customer approved 14.For any materials receipt P.O supplier rating in an emergency within the purchase shall be made working days is done once in three months. 15.Prepare the list of supplier who meets the company requirement. 16.Receive the purchase requirement from the store. 17.Identify the supplier place the enquiry& received the qualitative item from the approved supplier Prepare & plan the purchase order to the supplier 18.Monitor timely delivery of the materials. 19.Ensure the quality of material 20.Release to the payment to the supplier. Criteria 1. Easy 2. Prompt for selection of materials: availability delivery 3. Competitive price 4. Consistent quality. GOVT. FIRST GRADE COLLEGE, SIRSI Page 43 SIRSI STORES DEPARTMENT: The main consumables. This business process procures raw material / products / consumables as per procurement plan based on production requirement schedule. SIRSI Page 44 . production The stores accessories function and of stores department is to issues receipts of FIFO the same to the slip. STRUCTURE OF STORES DEPARTMENT: Managing director MR Stores in charge Assistants GOVT. FIRST GRADE COLLEGE. This business process receives and preserves the raw material till it is consumed during manufacturing. They also procure indirect parts / products / consumables or services needed for all other processes. department on the department requirement follows system.DIVGI INDUSTRIES PVT LTD. tool – holders. sprocket drive. grinding mills and consumables.billable items Non. Enter the received quantity GRR (goods received register) and stock register.billable items are the items. They include forging (shaft. which are procured from outside sources. gear blanks. flange). cutting tools. SIRSI The two types of items under the stores department are: a. If any short or excess material is found. They include machine spares. sun gear. GOVT. Non.billable items a.DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE. ring gear. The Key performance indicator of stores departments is Material Yield stores are divided into: 1. Billable items Billable items are those. SIRSI Page 45 . gear parts. material is confirms the received quality against proper bin and delivery chalan. hub reduction. b. Consumables FORGINGS: In case of forgings following procedure is to be followed: On the receipt of placed in raw materials from DWPL. hub sleeve etc. sprocket driven. Non. Forgings 2. Billable items b. which are procured Bhosari (Pune). Maintains the department. SIRSI then it is mentioned in GRR and inform to the customer immediately. total rejection and total forgings defect quantities and then submit a copy to the accounts department. Issue forgings / raw materials for production by strictly following FIFO method. record properly. When incoming forgings are released for urgent production. Enter into GRR. they are positively identified and recorded to permit recall in the event of nonconformance to specified requirements. Issue bin card and ensure bin cards are attached to the respective bins. SIRSI Page 46 . cover plastic and attached the bin card properly. Ensure the forgings are properly stored in bins. Take clearance from the quality department for incoming goods inspection. Stock and product verification is conducted once in three months. Measure the forging weight as per sampling page. FIRST GRADE COLLEGE. place the forgings on card board sheets.DIVGI INDUSTRIES PVT LTD. Ensure materials being dispatched to the customers. GOVT. If any empty bins are not available. On consumption of GRR prepare delivery chalan. Prepare a consolidated statement of the total quantities dispatched. Monitor and measure the materials yield % at the end of every month. Machinery spares are stored in steel cupboards under lock and key with proper identification. FIRST GRADE COLLEGE. counter sign purchase receipt if material is to be purchased.DIVGI INDUSTRIES PVT LTD. are make GRR and then make the kept in storage area under lock and GOVT. conforms inventory. Consumables key. SIRSI CONSUMABLES: For any requirements for concerned department. SIRSI Page 47 . On the receipt of consumables clearance. assembly. quality and process to realize the products. They plan and accomplish manufacturing of products so that customer requirements are fulfilled. work-in-progress and finished goods.The different processes undertaken for manufacturing. They follow the entire standard. They assist manufacturing engineering to establish the new manufacturing process. This business process ensures maintenance of manufacturing fixtures and tooling required for product realization.DIVGI INDUSTRIES PVT LTD. This process strives for 100% on time delivery performance of company. they prepare production plan is a base for manufacturing process. This business process receives customer schedule details from marketing considering inventories at raw material. 2. DIPL manufactures different shafts and sun gears for gear types box of yokes. Responsibilities and Authorities of Production. i. They develop various job/ work instructions to guide operations to perform better and better. This business process also controls outsourcing of products/ processes. Planning and control: 1. FIRST GRADE COLLEGE. Prepare dispatch plans / schedules based on scheduled requirements. SIRSI MANUFACTURING DEPARTMENT: This business process manufactures product as per production orders released by planning. SIRSI Page 48 .e. flanges. To co-operate with Bhosari ( Pune ) for the following: a) Raw materials b) Tooling / insert s c) Mobilizing empty trays for material handling d) Preparing dispatch schedule GOVT. SIRSI Page 49 .DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE. SIRSI Raw materials Receive raw materials from the customer Customer controlled area defective material with LRN and DC to be gives to customer stores And issue bin cards and ensures bin card is attached to the respective bins Receiving DC from customer and enter in the bin and stock register respectively End of every month associated statement of production QTU of components dispatched LRN Qty and foraging defective qualities submit to DIPL A/c and copy to customer stores Covered and selected ensure scaled bins are not tampered Daily dispatch quantity as per issue slips and defective materials make separate DC with Issue the full bin Qty to production its per FIFO system Keep received of daily production status of finished materials and defective materials GOVT. DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE. SIRSI Page 50 . SIRSI Process flow chart RECEIVE FORGINGS ROUGH TURN 1ST SIDE ROUGH TURN 2ND SIDE OPERATION FINISH TURN 1ST SIDE OPERATIO N OPERATION HOBBING OPERATION “D” PUNCHING OPERATION BROACHING FINISH TURN 2ND SIDE OPERATIO N OPERATION EXTERNAL TEETH OPERATION DEBURRING OPERATION SHAVING FINAL INSPECTIO N DISPATCH TO DWPL SIRSI GOVT. SIRSI Page 51 .DIVGI INDUSTRIES PVT LTD. SIRSI CONSUMABLES Receive consumables from the supplier Prepare GRR ENTER IN THE GRR REGISTERANDSTOCK REGISTER RESPECTIVELV CLEARED GRR TOTAL ACCOUNT SUBMIT TO THE ACCOUNT DEPT RECEIVE MATERIAL TO BE KEPT IN DENTIFIED PLACE WITH PROPER PRESERVATION SUBMIT REGISTRATION LETTER TO THE PURCHASE DEPT ISSUE THE MATERIALS AGAINST ISSUE SLIP MAINTAIN STOCK PROPERLY REGISTER LETTER TO BE RECEIVED FOR THE REQUIREMENT BY THE DEPT HOD GOVT. FIRST GRADE COLLEGE. SIRSI TURNING: ROUGH TURNING: This is an operation in which maximum turned by using different types of materials is being cutting tools. grooves are generated BROUCHING: It is an operation in which the required spines are being operation generated by using a special tool called broach. maintaining the stock 0. SIRSI Page 52 . chamfers. teeth are generated in this operation by using at one special tool called hobbing.DIVGI INDUSTRIES PVT LTD. surface finish.5 -0. Required in this process. work piece at advance into the cutter at required the cutter moves upward or downward as per the GOVT. FINISH TURNING: In this operation carried out by finish turning of the work piece is being using different types of cutting tools. In this process the cutter rotates along with the depth and then setting.7 MM materials at all surfaces for finish turning. In this broach is in the at required HOBBING: Gear work piece with the help of byduaulic pressure feed rate. FIRST GRADE COLLEGE. To negotiate and finalize rate for scrap and to take approval from operation. removing 0. key words are generated by using special tool called milling cutter. In this operation cutter rotates at one axis and the work piece advances towards the cutter. To take the work in progress statement for production material with in the plant 2. SIRSI Page 53 . 3. GOVT. SIRSI SHAVING: Shaving is an operation in which gear teethes is done by. Coolant oil is used to eliminate the heat generated during turning operations. Organizing dispatch co ordination with individual engineer for component for final inspection and further dispatch. In this operation the cutter rotates at one axis and work piece is advanced into the cutter. Responsibility and authority of manufacturing 1.22MM depth of cut by using a tool called shaving cutter. MILLING: Milling is an operation in which forms. FIRST GRADE COLLEGE.1 – 0. In the history of DIPL work stoppage has not taken place due to raw materials storage. 4. On an average 5000 jobs are done per day. Being pushed Issue consumables on receiving materials receipt per day.DIVGI INDUSTRIES PVT LTD.Maintains inventory level properly. Prepare dispatch plan/ schedules based on scheduled requirements. slots. Inventory management system is good. DIVGI INDUSTRIES PVT LTD. To motivate the employees to get maximum output 8. OBJECTIVES 1. SIRSI Page 54 the . training 4. To select best among them 3. To recruit the candidate to the organization 2. To check the employees performance of the end of the working year 6. To maintain a proper infraction between the employees 5. To give the proper training to the employee. To apprise the performance of the employees 7. It is the phase of management which effective control and use of man deals with the is of paramount importance in the power as distinguish from other sources of power. This department is managed by the HRD of the department. It is which success of an organization. To maintain all the records by employees related to attainder leave. The GOVT. He is responsible for the over all functioning of department. FIRST GRADE COLLEGE. SIRSI HUMAN RESOURCE DEPARTMENT: The principle component of an organization is its hr or people at work. Induction Training Programme At Divgi Warner Private Limited four days induction training programme is conducted for all new employees. All new employees must undergo an induction training programme. Assist HOD for human resource acquisition. Page 55 matrix from various 8.DIVGI INDUSTRIES PVT LTD. Cleanliness of Premises: HOD (HR) ensures that premises are neat & clean. Maintain records of employees including attendance. FIRST GRADE COLLEGE. 5. Any repairs to building & infrastructure required to fulfill product & manufacturing process needs are timely carried out. SIRSI purpose of induction training programme is to ensure that the new employee gets familiar with the company’s day -to-day operations. leave and training records. Gravity Act etc…. 3. Maintain all statutory requirements on time. of premises. To organize necessary training programs. Arranging and up keeping of GOVT. Workman Compensation Act. company vehicles. Payment of Wages Act.. Any material available is neatly placed & duly identified. To collect training needs through skill functions 7. 6. SIRSI . as given out in Gazette notification and government orders from time to time. Functions: 1. 2. Minimum Wages Act. This also involves compliance and renewal of various licenses under Factories Act. Any material is promptly removed. any deterioration in material is brought to notice of CEO for further actions. 4. Every month. Up keep and prepare training plan. SIRSI Page 56 in the operation of machinery and . General training 3. 2. 10. employees are to be informed of the hazard that is likely to occur. Before using machinery and equipment specific to their such machines or equipments. Providing work and maintaining a conducive atmosphere for and enhances performance of employees. SIRSI 9. Basic job training: All employees will be trained in the operation of function. motivating the employees. Further training. Basic job training. GOVT. Accident reporting.DIVGI INDUSTRIES PVT LTD.Conduct programs which helps in Induction training program: At DIPL 2 Days induction training program is to ensure with day to day that the new employee gets familiar operations. Accident prevention equipment. Employee training: 1. FIRST GRADE COLLEGE. 2. General training: All employees will be briefed and received training in the following: 1. On side emergency plan 2. Candidates are interviewed by the executive based on the qualification of the candidate. Selecting candidates is based on their experience. Recruitment policy in DIPL: 1. SIRSI 3. Deceased employees dependent are also recruited as a special case mainly keeping in mind the future developments. health and environment audit. 3.DIVGI INDUSTRIES PVT LTD. GOVT. Responsibilities under the current safety. Need based. Management decisions: Candidates are also recruited by management decision. Good house keeping. Emergency skill. Management view regarding further requirement. Further training: 1. Company safe 5. health and environment legislation. Safety. FIRST GRADE COLLEGE. SIRSI Page 57 . 2. Need based recruitment: It is done by advertising in the news paper or by selecting any candidates on the basis merit if he /she are known to DIPL’S employees. qualification and performance in the interview. 4. Top management has defined measurable KPI’S for each business process which are also quality objectives for the company. 2. Maintained in accordance with ISOL TS 16949 requirements. and his experience. age and physical fitness for the post is considered. 2. For interacting with customer on special characteristics and communicating the details of interaction to the concerned personal of DIPL is also responsible to collect the customers engineering drawings. The company is achieving through key performance indicators (KPI’S). To maintain the departmental record. driver. Interaction with customer for delivery schedules and on time delivery of products to the customer. Conducting management reviews. cleaner. Each business process Owner utilizes multi disciplinary action approach to measure and analyze the data and information to arrive at a action plan which is implemented and reviewed every month. Management representative: 1. 4. Resolving customer results. Authorized for issue and withdrawal of quality system documents. SIRSI While recruitment for the post of operator. SIRSI Page 58 . 3. FIRST GRADE COLLEGE. GOVT. 3.DIVGI INDUSTRIES PVT LTD. Customer representative: 1. OF EMPLOYE S 1 2 3 4 Staff Technical Staff Operator Helper Total 07 11 68 06 92 07.60 11.95 73.00 PERCENT AGE GOVT. Selection process on DIPL It is a long process in DIPL commencing from the preliminary interview of the applicant & ends with the contract of employment selection in DIPL is centralized & is handled by the personnel department Table 4.92 06. These key performance indicators are for objectives overall functioning of business processes.DIVGI INDUSTRIES PVT LTD. Quality are displayed within the organization through KPI’S. EMPLOYEES NO.1 NO OF EMPLOYES SL.53 100. SIRSI This monthly review also serves as one activity to improve and maintain internal communication. SIRSI Page 59 .NO . FIRST GRADE COLLEGE. SIRSI Page 60 .2 LABOUR CLASSIFICATION LABOUR CLASSIFICATION NO.17 54. of employees working in DIPL. Operators are more than other staff. Table 4. FIRST GRADE COLLEGE. OF LABOUR PERCENTAGE Skilled labor Un skilled labour Semi skilled labour 20 11 37 29. SIRSI Total 80 60 40 20 0 helper operator staff 6.41 16.95 Total 73. tech.92 technical staff Interpretation:This diagram indicates that no.42 GOVT.6 11.53 7. operators (68) and helpers (6).DIVGI INDUSTRIES PVT LTD. It can be divided into 4 types they are staff (7). staff (11). 41 16.DIVGI INDUSTRIES PVT LTD.skilled 5770 5268 5110 221. SIRSI Total 68 Total 60 50 40 30 20 10 0 54.61 196.17 Total semi-skilled Total skilled un skilled Interpretation:In DIPL.3 SALARY ALLOWNCE EMPLOYEES SALARY PER MONTH SALARY PER DAYS IN RS. They are skilled. unskilled and semi-skilled. The semi-skilled labours are more as compare to skilled and unskilled labours. Table 4. the labours are classified on the basis of their skills. Highly skilled Skilled Semi.92 202. SIRSI Page 61 .42 29. FIRST GRADE COLLEGE.53 GOVT. 00 GOVT.4 Classification of labour on the basis of permanent.04 53. trainees. FIRST GRADE COLLEGE. OF LABORS PERCENTAGE Permanent Trainees Contract base TOTAL 35 49 08 92 38.70 100. SIRSI Page 62 . contract base: LABORS NO. SIRSI Un skilled 5050 194.26 8.23 Table 4.DIVGI INDUSTRIES PVT LTD. This also provides on the job training to the trainees. FIRST GRADE COLLEGE. Table 4. The DIPL is recruiting the workers on the basis of contract base.04 contract base permanent trainees INTERPRETATION:This chart shows that no. Of labours working in DIPL.DIVGI INDUSTRIES PVT LTD. SIRSI Page 63 .26 38. SIRSI Total 8.7 53.5 LEAVE TABLE Earned leave 15 days for year Causal leave 10 days per year Sick leave 5 days per year GOVT. DIVGI INDUSTRIES PVT LTD. Appraisal will be based on his overall performance including attendance. At the time of appraisal employee is required to give certain KPA’s (Key performance areas) for next year with specific targets. sincerity to meet his pre agreed key performance areas & objectives. Provident fund of 12% ( basic + DA) repaid 6. DIPL provides perquisites like canteen. Miscellaneous benefits 5.33% pa is paid GOVT. vacations period & rest period etc 4. lunch rooms. Holidays. Depending on performance of KPA’s employee will be considered for annual increments. Performance Appraisal Once the employee is confirmed he shall be considered for an annual appraisal every year effective 1st of January. Causal leaves are 10 days per year. SIRSI Interpretation:This table indicates that the leave of the workers in DIPL. Payment for time not worker. Under this table the employees earned 15 days of leave per year. sick leave are 5 days per year. SIRSI Page 64 . Fringe benefits 1. Premium payment 3. Bonus is paid according to bonus act 1965 usually 8. FIRST GRADE COLLEGE. medical services etc 2. It is expected the employee shall monitor his KPA’s. statement budget.DIVGI INDUSTRIES PVT LTD. Day to day bank transactions 2. SIRSI FINANCE DEPARTMENT: Finance is an essential component of the to maintain its operations effectively. salary etc and proper management and maintenance of accounts of concerned year. Providing various types of management information reports required by 7. BANKER OF THE COMPANY 1. Cash handling –petty cash handlings management from time to time. GOVT. Job work 2. This department is business concerned with day to day activities like purchases. system 6. SIRSI Page 65 . Bills passing and payments 4. Recovery 3. Recovering all transactions in books 5. Indian overseas bank 2. sales. 8. Preparation of cash of low of accounts. Sale of scrap Functions: 1. FIRST GRADE COLLEGE. Carryout auditing. Sirsi urban souhard co-operative bank MAIN SOURCE 1. maintaining record of bank balance. 1. Training 2.Preparation of cash flow statement budget. Finance department put up all department annual budgets to managing directors for review and final approval is taken. SIRSI 9.Recording of all the transactions in the books of accounts 12. Journal register 5. Vehicle fuel GOVT. Purchase register 2.DIVGI INDUSTRIES PVT LTD. Bank register 4. DIPL maintaining books of accounts: 1. Sales register 3. details of check payments. FIRST GRADE COLLEGE. 11. SIRSI Page 66 . Day book 7. Cash book 6. HR department budget and expenses following heads. Housekeeping 3.Preparation of statements for funds requirements of the month including statutory and supplier payments. Vehicle maintenance 4. Ledger and vouchers Implementation of annual budget Every year in 1st week of January each department has to provide their debtors of budget to account department. Bank transactions – cash withdrawals. 10. 00. 468. 296.711.00 Authorized capital 100000 equity shares of rupees 100 each Issued.530 equity shares of rupees 100 each 49.330. Staff welfare 6. 094. 48 Net profit 3.DIVGI INDUSTRIES PVT LTD. 00. SIRSI Page 67 . subscribed & paid up 49. Other expenses Gross turnover 18. Telecommunication 7.000 GOVT.0000 1. 60 Secured loans 823. SIRSI 5.53. 914. FIRST GRADE COLLEGE. 00 Unsecured loans 6192. Records are maintained with raga to every machinery that is put to use . diesel generator set. The Maintenance Department is concerned with the Maintenance of machines utilities like air compressor.DIVGI INDUSTRIES PVT LTD. scanner and printers. SIRSI MAINTAINANCE DEPARTMENT: This department is ensure smooth functioning vital to all other department as it of the process. and IT equipments like computer fax machines. The company has a very good policy in hand for maintenance of machinery. Organization chart of maintenance department Assistant manager Engineer -1 Engineer-2 Supervisor Supervisor Filter contract Contract engineer Contract engineer GOVT. FIRST GRADE COLLEGE.Obsolete lagging machineries are replaced properly. SIRSI Page 68 . SIRSI There are three type of Maintenance: a. GOVT. Preventive Maintenance In the case of preventive maintenance machines are maintained in such a way to prevent occurrence by regular inspection. as the case may be. Predictive Maintenance a). Breakdown Maintenance: In the case of breakdown maintenance the machines are attended only when the process has stopped or after the breakdown.DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE. b). c). SIRSI Page 69 . Maintenance schedule are prepared on monthly. Predictive Maintenance Predictive Maintenance is where the life of each spare part is determined and at the end of the period spare part is replaced with new one whether it is damaged or not. semiquarterly and yearly basis. cleaning. greasing etc. quarterly. Breakdown Maintenance b. Preventive Maintenance c. GOVT. To identify key process equipments 2.to –day breakdown of the equipments 3. To plan and procure the spare parts equipments Maintenance 4. Keep the machinery in good conditions on a continuous basis. 5. FIRST GRADE COLLEGE. To maintain and update all records related to breakdown/ calibration/ installation and commissioning / retrofitting/ spare parts etc. Purchasing tools. to support qualitative and cost effective manufacturing of products. To rectify day. Day to day maintenance of machinery. SIRSI Functions of Maintenance Department: 1. Provide adequate support to organization by keeping the equipments under proper working condition. lubricating oil etc required for maintenance.DIVGI INDUSTRIES PVT LTD. Design and implement an effective preventive and predictive maintenance system so as to keep high uptime for equipment 7. SIRSI Page 70 . Provide repairs for machinery. accessories. 6. Recondition old equipments to effectively maintain machine capability and retrofit the new technology to enable more effective capital deployment for minimizing unscheduled downtime and maintain machine capability. Errors of the instrument are made known to the users. GOVT. 4. Quality control is an on going process.A co coordinator Q. SIRSI Page 71 .S Functions: 1. SIRSI QUALITY SYSTEM DEPARTMENT The aim of every organization is to produce best quality product.DIVGI INDUSTRIES PVT LTD. Calibrates the monitoring and measuring devices at different frequencies. Records the details of calibration. FIRST GRADE COLLEGE. Complies the calibration certificate and protects them. 2. 3. Organization system of quality system department Manager MR Head–quality system Senior engineer Q. To achieve this goal it takes many measures before the production starts and continues till it reaches the customer.M. 6. 8.Is responsible and authorized to finished of approve and release the prepare the quality plan products for dispatch to the customer. 15. Verifies the incoming / in process /finished items against control plans. 12.DIVGI INDUSTRIES PVT LTD.Record the details of 13. Check recorded. 10. Details of setup approval are 7. Records the details of inspection report. Issue instruments and gauges to the users. Is responsible control plans. Quality assurance inspectors: 1. 11. Responsibility offer: quality assurance The quality assurance department is especially for financial approval.Carryout dock audit. 14.Is responsible and authorized to for finished products. FIRST GRADE COLLEGE. are After the approval from this department only the final products supplied to customers. For maintaining quality records 2. non conforming products. 9. SIRSI 5. the coolant concentration. for incoming / in process / final inspection as per GOVT. It is responsible for verification of products. The company is certified with ISO / TS 16949 quality system guidelines and improves its effectiveness.Carryout the measurement system.Defines the method accepting the incoming products. SIRSI Page 72 . 3. 1. Motivating and empowering people to take action to improve effectiveness and efficiency of their work processes in disciplined way. FIRST GRADE COLLEGE. Defect prevention 2. Simplifying many different detailed decisions and work methods in managing and continually improving quality 2. TS-16949 standard belief: TS-16949 is a quality management system that helps us continually improve the effectiveness and efficiency of our processes for products and services to our customers by emphasizing. The common understanding and assurance it brings leads to: 1. It consists of four Quality Management Systems: a) ISO-9001 b) ISO-9002 c) ISO-9003 d) ISO-9004 GOVT. SIRSI Page 73 . SIRSI Why go for TS-16949? TS-16949 is a license for doing business with the customers and implementation of TS-16949 develops a common understating of quality related expectations.DIVGI INDUSTRIES PVT LTD. Co-coordinating the actions of different people in an efficient way to give customers a defect and hassle free experience. Reduction in variation and waste in our supply chain. methods and practices with the customers. 2002 the fund Metals for this system is ISO. marketing and service. 2000 GOVT. After 1994 a new system was incorporated QS-9000. ISO-9004 is given only for service.DIVGI INDUSTRIES PVT LTD. General Motors.. FIRST GRADE COLLEGE. Section I includes basic segments of ISO series and Section II is customer specific requirements QS. SIRSI ISO-9001 is given to those companies that will do designing as well as manufacturing. Chrysler. 2000 metals for this system is ISO. It is vocabulary (guidelines for above systems). 2000 and ISO-9004. ISO-9002 is given to those companies that will do only manufacturing.9001. ISO-9003 is given to those companies for servicing. Later in 2000 they formed TS-16949 and the latest updating is of version TS16949. It consists of two sections. marketing and service. Ford and other manufactures. SIRSI Page 74 .9000 is basically formed the big 3’s viz. calibration and testing. 2000 and ISO-9004.9001. Computational and graphical software to enhance design productivity. computers. 3. engineering. sketches and drawings. Under lease. models and proto types are eliminated. 5. SIRSI Page 75 . Reason for limited of marketing area 1. 2. Building and machinery on lease. Some of the time and expenses of physical mock-ups. it is started in the data base and can be transmitted electronically to manufacturing. USE OF CAD IN DIPL 1. Reason for limited profit 1. Once a design is found acceptable. 2. It is a sister concern unit GOVT. By accessing the data base. 4. Limited marketing area. The geometry of the component can be graphically displayed and manipulated on video monitions. Alternative designs can be worked out and evaluated fast. FIRST GRADE COLLEGE. With in the group of Divgi Warner 2. SIRSI COMPUTER ADDED DESIGN IN DIPL In DIPL sirsi there is a separate selection for computer aided design(CAD) here the computer is use to designing and manufacture a product where product specification are refined by continuous improvement in successive stage based on designer’s experience. 6. 3. purchasing sections.DIVGI INDUSTRIES PVT LTD. an already existing design may be found eliminating duplicate design efforts. A team of top management assesses these skills through a competency matrix & training needs are recommended by the respective section heads in order to improve the weak areas. middle and lower management have nurtured following qualification thereby being able to meet the expectations of their valuable customers. FIRST GRADE COLLEGE. Quality: DIPL staff maintains professional attitude among all employees. . SIRSI MANAGEMENT STUDY OF DIPL A person who holds a management position inside an organization is required to think strategically and conceptually in order to achieve organizational goals. He is overall overseeing the overall growth of the company whereas day – to – day operations are looked upon by Plant Head. The staff of DIPL – Top. For top management. SIRSI Page 76 . where as day operation are looked upon by plant head. He is responsible for the over all growth of the company.DIVGI INDUSTRIES PVT LTD. GOVT. wherever necessary the company employs outside agencies to assess the skills & competency levels. This lesson will describe the four functions of management and how they relate to organizational success. Top Management: The BOARD of the company is Manager for the quality management system. GOVT. The Manager follows the Board. authority and is accountable for accomplishment of primary objectives. The team leaders of various departments report to the Manager. maintain & continually improve effectiveness of Quality Management System.DIVGI INDUSTRIES PVT LTD. The Managing Director of this company is CEO for the Quality Management System. SIRSI Page 77 . which have responsibility. SIRSI Line & Staff Relationship: Line refers to those positions of an organization. implement. DIPL has adopted Line & Staff organizational structure that offers individual the opportunity to meaningfully learn & participate across diverse business processes. as shown in overall organization chart. He is overall in-charge overseeing the overall growth of the company. The business process heads. FIRST GRADE COLLEGE. implement. The relationship existing between two managers due to delegations of authority and responsibility and giving or receiving instructions or orders is called line relationship. are treated as top management to establish. whereas plant heads look after day -to -day activities. Line authority represents uninterrupted series of authority and responsibility delegating down the management hierarchy. maintain & continually improve effectiveness of Quality management to establish. Planning is an intellectual process. GOVT. FIRST GRADE COLLEGE. This business process ensures that company confirms to all the agreed customer requirements. 3. defining and delegating responsibility and authority and establishing relationships. ORGANIZING Organization refers to structure which result from identifying and grouping of work. Product leader convinces multi disciplinary actions consisting of various business processes who act as a board of decisions for design activity planning. PLANNING Planning is one of the functions which determine well in advance what is to be done. To attain leadership in the market. SIRSI Page 78 . It is a purpose of deciding business objectives and preparing the methods of attaining those objectives. Organization Purpose: 1. To produce detect – and hassle free quality products & services to meet or exceed customer expectations.DIVGI INDUSTRIES PVT LTD. They are mentioned are as follows. To pursue excellence in all spheres of our business activity through a process of continual improvement 2. SIRSI FUNCTIONS OF A MANAGEMENT Management performs different functions. The customer requirements are translated into the product realization plan through APQP (Advanced Product Quality Planning) steps. Engineering department is responsible for designing the product / part as per the customer requirement. ways of helping to manage the career of employees.. leadership and motivation. Motivation means arousing a desire in the minds of workers to give their best to the enterprise. Staffing fixes manager there is enough man power available to fill the various positions in the staffing also involves introductions of suitable systems of compensations training. SIRSI 4. promotion and retirement of subordinates working in the office. it is an important function of manager. GOVT. As directing is connected with influencing. Commitment to high standards of motivation & competency that is essential to the persuit of excellence. The manger discovers the right person for each job in staffing. Leader is the process of which manager guides and influences the work of his subordinates. communication. ways of shaping basic values of management cadre. supervising and motivating the subordinates in their jobs. It is an act of inspiring workers. It involves three sub functions. DIRECTING Directing refers to giving explanation by the manager to the staff regarding what they have to do and help to do it the best of their ability. STAFFING Staffing is an important function of management and a part of the organizing function. Communication is the process of passing information from one person to another. The people / human resource management processes use to develop mangers socialization processes. ways of introducing young recruits to the Co.DIVGI INDUSTRIES PVT LTD. SIRSI Page 79 . FIRST GRADE COLLEGE. namely. guiding. leadership and supervision. work-in-progress and finished goods. GOVT. II) Comparing the current performance with the established standards. FIRST GRADE COLLEGE. Basis for specialization & coordination influenced primarily by strategy & by organization size and diversity. clear cut objectives. it is common that different people have different ideas regarding attainment of goals. dynamism. SIRSI Page 80 . effective communication. CONTROLLING In order to ensure that the work is done as per the plans lay down. SIRSI CO-ORDINATING In any organization. Some of the important requisites for effective coordination are principles. This business process also controls outsourcing of products/ processes. early start. This business process receives customer schedule details from marketing considering inventories at raw material. clear definition of authority and responsibility. there is a need for co-ordination of activities. they prepare production plan is a base for manufacturing process. III) Correcting those works which are against those standards. This process strives for 100% on time delivery performance of company. Controlling is very much important. continuity. Thus co-ordination is the balancing and keeping the team together by allocating seeable works to the members and see that the members with harmony performs the works. simplified organization. Controlling functions of management involves three elements. direct contact. I) Establishing standard of performance for work. Hence.DIVGI INDUSTRIES PVT LTD. SIRSI Responsibilities and Authorities of control: 1. Preparing dispatch schedule GOVT. 2. Mobilizing empty trays for material handling d. SIRSI Page 81 . Prepare dispatch plans / schedules based on scheduled requirements. To-corporate with Bhosari ( Pune ) for the following: a. Raw materials b. FIRST GRADE COLLEGE. Tooling / insert s c.DIVGI INDUSTRIES PVT LTD. " Industrial organization adds to the perfectly competitive model real-world frictions such as transaction costs. SIRSI CHAPTER-V SUMMARY. It analyzes determinants of firm and market organization and behavior as between competition and monopoly. and boundaries between. One is descriptive in providing an overview of industrial organization. and barriers to entry of new firms that may be associated with imperfect competition. A second uses microeconomic models to explain internal firm organization and market strategy. non-cooperative game theory has become the standard unifying method of analysis. GOVT. There are different approaches to the subject. firms and markets. SIRSI Page 82 . limited information.DIVGI INDUSTRIES PVT LTD. As to strategic firm interaction. A third aspect is oriented to public policy as to economic regulation and antitrust law. FIRST GRADE COLLEGE. The subject has been described as concerned with markets that "cannot easily be analyzed using the standard textbook competitive model. including from government actions. FINDINGS AND SUGGESTION SUMMARY Industrial organization is the field of economics that builds on the theory of the firm in examining the structure of. such as measures of competition and the size-concentration of firms in an industry. Plan of action: The primary data was collected through discussion with the manager using the interview schedule. It studies the various steps that are generally adopted by a researcher in studying the research problem. This data was obtained to study the latest procedures relating to working capital management and cash management system followed by the company.DIVGI INDUSTRIES PVT LTD. SIRSI Page 83 . SIRSI Methodology of Data Collection Research methodology is a systematic way for solving any research problem. experimentation. Primary Data Secondary Data Primary Data The primary data are those which are collected fresh for the first time and thus happen to be original in character. GOVT. and questionnaire and through interview schedule in the original form by the researcher himself or his nominees. The primary data collection involves the collecting of information for the first time by observation. 2. FIRST GRADE COLLEGE. It’s a science of analyzing how research is done scientifically. Sources of Data: There are 2 types of data: 1. some governmental aspects and private individual organizations etc. it can be found in unpublished biographies. 2. autobiographies. c. Financial records and stores manual of the company. 3. To study the organization and management of divgi industry. which have been previously collected by some organization to satisfy its own need. The Secondary data used in the study are: a. GOVT. To study the different departments of divgi industry. Annual Report of the company. There are two main sources for Secondary Data: I. b. SIRSI Page 84 . prepared by research scholar etc. Published financial reports of the company. Generally speaking secondary data are information. Published Data: Data that is already available in books. auditors report and other schedules. II. newspapers. reports. Unpublished Data: This is not published. magazines. To study the human resource of divgi industry. d. SIRSI Secondary Data The secondary data are those which have been collected by some other and which have been processed. Objectives of the study 1.DIVGI INDUSTRIES PVT LTD. trade journals. FIRST GRADE COLLEGE. But the department under reference for an entirely different reason is using it. Directors reports. There exists a healthy relationship between DIPL and DWPL. DIPL make use of CNC machines largely in its production process.16949 quality certification. DIPL is more conscious about there quality maintenance. Man power problem 4. Electricity problem GOVT. Machine variation is the main important problem in divgi industries private limited. SIRSI Page 85 . DIPL satisfy the requirements the ISO/TS. 6. FINDINGS 1. 2. 7.DIVGI INDUSTRIES PVT LTD. By that to reduce cost of production and to also to improve the quality of the product and to get maximum benefit. DIPL is concentrating on implementation of latest technologies in its operations. FIRST GRADE COLLEGE. 2. In DIPL all the employees are green same type of uniform from operator to administrator level. GENERAL PROBLEM OF DIPL 1. SIRSI SCOPE OF THE STUDY It is very useful to the entrepreneur to under stand the nature and working of organization and management and also to adopt innovative methods. 3. Maintenance 3. 4. The most employees on DIPL are young and energetic. 5. SIRSI SUGGESTION 1. The issues relating to customer complaints. SIRSI Page 86 . GOVT.DIVGI INDUSTRIES PVT LTD. difficulties or any type of assistance required by customer is taken care. corrective actions etc. DIPL provides total transparency in dealing with its customers and are committed to enhance their capabilities. 2. Company has On-line communication system. DIPL has Quality Assurance and QMS departments where in all the queries.. by providing them with latest technological advantage and utilizing maximum capacity to meet their requirements. which can achieve a good market for its product at global level. suggestions by customers for improvement in processes / products are discussed on weekly basis and actions are initiated to resolve the problems. 2. resolutions. DIPL has to implement more upgraded technologies in its operation to produce new varieties of auto spares and to increase existing production. manufactured and supplied. DIPL has to concentrate on available market. They process the knowledge and the technology that is relevant to the products being designed. FIRST GRADE COLLEGE. SWOT ANALYSIS STRENGTHS OF DIPL: DIPL are committed to customer satisfaction at all levels in the organization. capable to be linked with customer’s On-line system. Line with QS-TS-16949 certification. demand for automobile component and should not limit its operation only for DWPL. 1. Each process (activity) is measured for effectiveness & efficiency to meet quality objectives. 6. SIRSI Page 87 . 7. implementation. 4. There is transportation problem because Sirsi is a hilly region above sea level so there is no facility of railways. There is teamwork among the employees in the company. Competency to adopt new system. There is well. SIRSI 3. which is the faster means of transportation than roadways. GOVT. 4. Most of the workforce comprises of well informed. WEAKNESS OF DIPL: 1. which is far away from metropolitan cities. which helps to achieve greater effectiveness & efficiency in all the business processes. The company has adopted Continual Improvement philosophy. FIRST GRADE COLLEGE. Customer complaints are systematically handled through team – oriented problem solving 8 – D methodology for internal as well as external concerns. competent youngsters qualified with diploma or graduation in engineering. and it is not connected with national or state highways. 5. which makes rigorous training essential. 3.DIVGI INDUSTRIES PVT LTD. 8.designed automation & workstation near every machine. which are operator friendly. DIPL is situated in a remote place or area. The lack of connectivity with proper roads & highways leads to the problem of procuring inputs & delivery of outputs. The company hires employees on contract basis. 2. practice & sustenance. 2. 3. The parent may change its base of manufacturing for marketing its products outside India. There is always a risk of change in Government Policies. Sirsi and Pune. SIRSI OPPORTUNITIES AT DIPL: 1. The major raw material used in the production is steel. DWPL.DIVGI INDUSTRIES PVT LTD. There is an opportunity for making future expansion in business by going for joint ventures & tie-ups with other company’s also. Sirsi mainly depends on the parent company i. The company provides various employment opportunities to new graduates & local people of Sirsi.e. 5. which is given for quality management systems. DIPL. the next aim of the company is to “Deming Award” of certified by Japanese. GOVT. FIRST GRADE COLLEGE. 4. By adopting EMS – ISO 14001. THREATS OF DIPL: 1. 2. The vast area of land & space of building can be effectively used for future expansions. The rise in the input cost will reduce the margin of the company. presently there is a huge demand for steel & there is rise in the price of steel for last few years in India & all over the world. There is a scope for making final products instead of component parts and make it available for profit & loss. SIRSI Page 88 . 3. SIRSI Page 89 . DIPL wants to become an excellence in manufacturing of auto plant ant at the same time if wants to reach the stages what it is dreaming of for which the co-ordination from employees and management is necessary. GOVT. In present area of business. FIRST GRADE COLLEGE. 2. SIRSI CONCLUSION 1. the organization lends to satisfy the needs of the customer more effectively than competitors in the way to achieve high market share and long life.DIVGI INDUSTRIES PVT LTD. 1.com www.ManagementR. Ashwatappa –(2007).Chand And Company.Chand– p. Tripathi& P. New Delhi. SIRSI BIBLIOGRAPHY BOOKS:1) Shubhra Rahul (2007) – Principles of Management.N.508 5) A B N Kukarni& AB Kalkundrikar – Organizational Study – Managerial Economics – R.wikipedia.167 6) C.390 3) P. seventh revised – Himalaya Publishing House –p.C. SIRSI Page 90 . Reddy – Organizational Study – Principle of Management. FIRST GRADE COLLEGE.divgi-warner.107 WEBSITE:www.Chand – p.3 7) Jagroop Sing – Organizational Study – Entrepreneurial Development & Small Enterprise – Kalyani Publishers – p.DIVGI INDUSTRIES PVT LTD.com www.No.google. Murthy – Organizational Study – Entrepreneurship Development – Himalaya Publishing House –p.Organizational Study – Organizational Behavior.S.V.P.com GOVT. 3rd addition – S.94 4) K.Meenakshi – Organizational Study – Organization Behavior – Vikas Publishing House – p.36 And 95 2) Arun Kumar and N. FIRST GRADE COLLEGE. short term provisions 14379026. Reserves and surplus c.50 2112501. other current liabilities h. non current liabilities a.11 5167006.00 4953000. short term borrowings f.77) - GOVT.DIVGI INDUSTRIES PVT LTD. EQUITY AND LIABILITIES 1. Money received against share warrants 2. SIRSI Page 91 .Share application money pending allotment 3.00 7016007.17) 4953000.00 (4544933.88 TOTAL 10087146. trade payables g.50 9292881.88 1603790. Share capital b. Other long term liabilities d.05 1787946. Long term borrowings b. Current liabilities e. Other long term provisions 4. Deferred tax liability (net) c.00 (7875026. Shareholder’s fund a. SIRSI I. 00 238090. FIRST GRADE COLLEGE.44 TOTAL 14379026 10087146. Other non current assets 333846.00 238090. Current investments b. Cash and cash equitant e.00 26366.11 GOVT.00 287007.23 3392861. Trade receivables d. Deferred tax assets (net) d. Non current investments c. Fixed assets i. Inventories c. Current assets a.00 14705.00 2. Other current assets significant accounting policies 4264301.DIVGI INDUSTRIES PVT LTD. Tangibles assets Intangibles assets Capital work in progress Intangibles assets under development b.00 5323434. Short term loan and advances f. iii.00 7256851. ASSETS 1.67 819387. Non current assets a. SIRSI II. iv. Long term loans and advances e. SIRSI Page 92 .65 2271233. ii. SIRSI GOVT. SIRSI Page 93 .DIVGI INDUSTRIES PVT LTD. FIRST GRADE COLLEGE.