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“Organizational Study on HI-FIT ELASTOMERS (P) LTD” An internship training report submitted in partial fulfillment of the requirements For the award of the degree of MASTER OF BUSINESS ADMINISTRATION OF ANNA UNIVERSITY, CHENNAI Submitted By PRAKASH.K Register no: 921313631070 Under the guidance of Dr.B.ARUN,M.A.,MBA,M.Phil.,PH.D., Professor DEPARTMENT OF MANAGEMENT STUDIES PSNA COLLEGE OF ENGINEERING AND TECHNOLOGY,

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Organizational Study on HI-FIT ELASTOMERS (P) LTD

An internship training report submitted in partial fulfillment of the requirements

For the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

OF

ANNA UNIVERSITY, CHENNAI

Submitted By

PRAKASH.K

Register no: 921313631070

Under the guidance of

Dr.B.ARUN,M.A.,MBA,M.Phil.,PH.D.,

Professor

DEPARTMENT OF MANAGEMENT STUDIES

PSNA COLLEGE OF ENGINEERING AND TECHNOLOGY,

DINDIGUL- 624 622, TAMILNADU

AUGUST 2014

DEPARTMENT OF MANAGEMENT STUDIES

PSNA COLLEGE OF ENGINEERING AND TECHNOLOGY,

DINDIGUL- 624 622, TAMILNADU

This is to certify that, this is a bonafide record of project

By

PRAKASH.K

Register no: 921313631070

Submitted in partial fulfillment of the requirements for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

OF

ANNA UNIVERSITY, CHENNAI

Place :

Date :

HOD

Department of Management

Signature of the Faculty Guide

Examiners:

BONAFIDE CERTIFICATE

Certified that the internship training report titled HI-FIT ELASTOMERS (P) LTD is the bonafide work of Mr. PRAKASH.K who carried out the research under my supervision certificate further, that to the best of my knowledge, the work reported herein does not form part of any other project report of dissertation on the basis of which, a degree of award was conferred on an earlier occasion on this or any other candidate.

Place : Dindigul

Date :

Dr.B.ARUN,M.A.,MBA,M.Phil,Ph.D.,

Professor

Department of management studies,

PSNA College of Engg & Tech.,

Dindigul- 624 622.

HOD

DEPARTMENT OF MANAGEMENT

DECLARATION BY THE STUDENT

I, PRAKASH.K the undersigned hereby declare that this project work entitled HI-FIT ELASTOMERS (P) LTD is my original work and submitted in partial fulfillment of the requirements for the award of degree of MASTER OF BUSINESS ADMINSTRATION, ANNA UNIVERSITY, CHENNAI.

Place: Dindigul

Date:(PRAKASH.K)

ACKNOWLEDGEMENT

My very special gratitude and heartfelt thanks to our beloved Chairperson and Directors for their blessings and wishes to carry our project work.

I would like to express my deep gratitude to our principal Dr.S.Sakthivel for permitting me to undertake this project work.

It is my great pleasure to express my sincere gratitude and thanks to Dr.S.Manimaran, Head of the Department, Department of Management Studies for their valuable suggestions and support for my project work.

I am extremely thankful to my project guide Dr.B.ARUN,M.A,M.Phil,Ph.D.,/ Professor, Department of Management Studies for his kind support and guidance to complete this project successfully.

I wish to express my sincere thanks to HI-FIT ELASTOMER (P) LTD for allowing me to do this project in their reputed concern.

I am also thankful to all the faculty members, Department of Management Studies for their support and co-operation during the course of my project work. I would also like to thank my parents, friends and well wishes who encouraged me to complete this project successfully.

Place: Dindigul

Date:(PRAKASH.K)

CONTENTS

CHAPTER

PARTICULARS

PAGE.NO

1.

INTRODUCTION

1

OBJECTIVES & SCOPE OF THE STUDY

3

INDUSTRY PROFILE

4

COMPANY PROFILE

7

2.

VISION,MISSION & OBJECTIVES OF THE COMPANY

9

SWOT ANALYSIS

10

3.

ORGANIZATIONAL STUDY

ORGANIZATION STRUCTURE

12

PURCHASE DEPARTMENT

14

PRODUCTION DEPARTMENT

16

MARKETING DEPARTMENT

20

HUMAN RESOURCE DEPARTMENT

23

FINANCE DEPARTMENT

26

ENGINEERING DEPARTMENT

29

OFFICE MANAGEMENT

30

4.

SUMMERY OF FINDINGS & SUGGESTIONS

FINDINGS & SUGGESTIONS

32

CONCLUSION

33

BIBLIOGRAPHY

34