Download - Megha Metals- aluminium industry
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Piyush Agarwal
1010611
B.Com(Hons.) J
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Name- Megha Metals
Address- Sarutari, Sonapur, Assam
Year Of Setup- 2010
Function- Manufacturing Aluminium Utensils
Area- 15,600 Sq. Meters
Capital Investment- Rs. 10 crore
No. Of Employees- 100Annual Turnover- Rs. 2 crores
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Finding new markets
To diversify its product
To have a good environment for work
To support the employees to have a betterrapport with them
To get maximum returns from the money
spent
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To increase the turnover from 2 crore a yearto 5 crore till the end of 2015
Exploring the market from Assam andMeghalaya to the whole of North East by2015
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To maintain stable financial position in the
market along with stable growth and capitalover the years
Increasing the profit margin by reducing thecost of production
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PartnersAccounts
Department
Production
Department
Human Resource
Department
Manager 1 Manager 2
Skilled
Labourers UnskilledLabourers
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In this step, aluminiumbought from scrap dealers. The scrap isbought at Rs. 80 per kg
The scrap of aluminium ismelted so that it can be given any shape wewant. It also removes the impurities. The
leftover from other processes is also meltedalong with the scrap.
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The Melted aluminiumis converted into pure aluminium plates.
The aluminium plates formed arereheated in a furnace. The fireman ensuresproper temperature control in furnace.
These aluminium plates arerolled in HOT ROLLING MACHINE and later inCOLD ROLLING MACHINE to providealuminium sheets in a preferred gauge. Oneselected worker keeps a continuous watch toensure rolling within laid down tolerances.
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The sheets drawn out of theRolling Machines can be of long length sothese sheets are cut into half using THE
CUTTING MACHINE.
After this process, the sheetsare cut into Aluminium Circle using CIRCLE
CUTTING MACHINE.
The aluminium circles are then putin the spinning machines. These circles and
spinned at a high speed and den moulded inthe shape of a rig bowl or bucket or whateverproduct is required. The product is laterwashed properly and dried.
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After that the product is sent tothe CHALAI section to remove the upperlayer of the aluminium utensil to give shine inthe utensil. It can also be possible to not gothrough this process as required by thecustomer.
The quality assured products arepacked in gunny bags. They are stored in thewarehouse and are dispatched to the
customers shops on demand. The companyhave their own set of 5 trucks for this as thedistance to be covered is usually very large.
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More prominent place in the market
Quality Product
Industrial Area
Cheap Labour
Good Retail Networking
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Limited Capital
Transportation Problems Facility is inappropriate
No advertising
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Less Competition
Expansion of market is easy
Easy Availability of Raw Materials
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Electricity Cut Down Problems
Mountainous Area
Threats of trucks falling
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Stock register-This book entered the stockbeing produced and being sold in the market.
Personal ledger account-The personal ledgeris accounts maintained for transaction related
to persons. The ledger is maintained byhaving a debit on one side and credit on oneside.
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Tax invoice- These were invoices given to thecustomers which would resale the products
like the dealers.
Retail invoice- These were invoices given tothe direct customers who bought the utensils
for their own use. This consisted of a verysmall number.
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In the book of service tax, the transportationcharges for the delivery of goods were
recorded. This amount was 75% exemptedand only 25% of the amount was taxable.Service Tax to be paid was 12%. So annuallyaround Rs. 4,000 was paid for service tax.
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Atendance Register
Wages Register Provident Fund Account
Employer State Insurance Acount
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