hari om steel industries

8/19/2019 Hari Om Steel Industries

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PREPARED BY

JAY S PATEL

CLASS : F.Y.B.B.A.

SEMISTER : 2

ACADAMIC YEAR : 2013-2014

ROLL NO. :

COLLEGE : Grace C!!e"e# Ra$%&

S'BMITTED TO

S A'RAS(TRA ' NI)ERSITY

R AJ*OT

G'IDED BY

M+. D(ARA )YAS


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PRACTICAL STUDY REPORT

OF

M/S HARI OM STEEL INDUSTRIES

Under Gone Training Period


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DECLARATION

I, the undersigned JAY SHAILESH PATEL a student of

F.Y.B.B.A. hereby decare that the !ro"ect #or$ !resented in this

re!ort is %y o#n #or$ and has been carried out under the

su!er&ision of 'iss. (HA)A *YAS of +)AE -LLE+E,

)a"$ot.

This #or$ has not been !re&iousy sub%itted to any other

uni&ersity for any ea%ination.

(ate/ 0123124315

6666666666 Pace/ )AJ7-T 8JAY S PATEL9


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PREFACE

In B.B.A. the ony theoretica $no#edge of business is

not enough for achie&ing the entire $no#edge of business

%anage%ent, hence !ractica training is aso i%!ortant as it

touches a%ost a as!ects of hu%an ife. It gi&es us the broad

and detaied &ie# through different !ers!ecti&e about business

as!ects. 7ee!ing this in %ind, Saurashtra :ni&ersity has

incuded the sub"ect of Practica Studies or Industria Training in

F.Y.B.B.A.

The industria acti&ity !ays a crucia roe in o&era

econo%ic gro#th of the de&eo!ing countries i$e India. In

India, +u"arat is one of the industria de&eo!ed states.

I ha&e attended the industria training at HA)I -'

STEEL I;(:ST)IES, +undaa. It is #e $no#n iron and stee

unit using ad&anced technoogy and %achinery for

%anufacturing T'T


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ACKNOWLEDGEMENT

I consider %ysef uc$y enough to study in this facuty

8BBA9 and that too in re!uted oege. -ur uni&ersity has

recogni=ed and incuded the !ractica study of industry in our

course as a sub"ect #hich has reay benefited %e a ot.

It he!s us to $no# and %a$e us a#are about the industria

%anage%ent, ad%inistration and industria #or$ing. For this I

sincerey than$ 'iss.(HA)A 'A(A' #ith #hose efforts and

guidance %a$e %e to co%!ete this re!ort #ith co%!etence and

efficienty.

'oreo&er, I than$ 'r. Priya 'anharbhai *iradia #ho

guided %e regarding the !re!aration of re!ort. He acco%!anied

%e and s!ent his &auabe ti%e to %a$e %e a#are of the

situation and encouraged %e for !re!aration of the re!ort. He

!ro&ided such and e&ery infor%ation both before and after the

training.

I #oud aso i$e to than$ 'r. *ibha& 7u%ar 'ishra and

fore%an of '2s Hari -% Stee Industries #ho ga&e their ti%e

out of their busy schedue and he! %e to $no# the factory #or$

at grass


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GENERAL INDEX

Sr no Par!i"#$ar%

&' Genera$ in(or)a!ion

*' Prod#"!ion de+ar!)en!

,' Per%onne$ de+ar!)en!

-' Mar.e!ing de+ar!)en!

' Finan"e de+ar!)en!

0' SWOT Ana$1%i%

2' F#!#re +$an%

3' S#gge%!ion4' Con"$#%ion%

&5' 6i7$iogra+81


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GENERAL

INFORMATION


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CONTENTS

&' In!rod#"!ion

*' Hi%!or1 9 De:e$o+)en!

,' Co)+an1 Pro(i$e

-' Organi;a!ion S!r#"!#re

' Lo"a!ion O( Uni!


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INTRODUCTION

Today, %ar$et is +oba. E&ery Industry and -rgani=ation is

engaged in tough co%!etition to sur&i&e in this goba %ar$et. E&eryindustry uses their strategies and #or$ing to co%!ete #ith each other.

(ue to technoogy and industria de&eo!%ent India is thri&ing to#ards

de&eo!%ent and a better industria face. Industry is di&ided into 0 %a"or

seg%ents< a9 Agricuture, b9 'anufacturing and c9 Ser&ice.

'2s HA)I -' STEEL I;(:ST)ES is a !artnershi! fir% engages

in %anufacturing !rocess, #hich ha&e &ery good na%e in the iron and

stee industry. This fir% is %anufactures T'T


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HISTORY OF THE ORGANI


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COMPANY PROFILE

Na)e = '2s HA)I -' STEEL I;(:ST)IESAddre%% = DHari -% Stee Industries

Sur&ey no 1121 Patidar )oad

+undaa.

Regi%!ered O((i"e = DHari -% Stee

Hari -% o%!e, Pate ;agar

+undaa cho#$di, +onda


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ORGANI


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LOCATION OF THE UNIT

Location !ays the %ost i%!ortant !art in the estabish%ent of a

fir%. -nce ocated, it is &ery difficut to change it, hence !ro%oters %ustthin$ about his decision carefuy as success or faiure of the fir% %ainy

de!ends on it. The decision regarding the ocation of the !ant is &ery

i%!ortant for any organi=ation. Location affects the cost structure and

!rofitabiity of the !ant thought its o!erating ife.

The ocation for the !ant %ainy affected foo#ing factor/

1. Infrastructure faciities

4. Po#er

0. Fue5. Labor

C. ost of ocation

G. Trans!ort and co%%unication faciities

. +o&ern%ent Poicy

Hari -% Stee Industries is ocated in +undaa *iage near +onda

ity #hich is an industria =one and co%!any gets a the infrastructure

faciity at concession rate. Hari -% Stee Industries got he! fro% the

go&ern%ent through subsidies as the factory #as estabish in bac$#ard

areas generating e%!oy%ent o!!ortunities and abor a&aiabiity in this

=one is at no%ina #age so #e can concude that co%!any is ocated at

a!!ro!riate !ace.


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PRODUCTION

PLANNING

&CONTROL DEPARTMENT


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CONTENTS

&' In!rod#"!ion*' Organi;a!ion C8ar!

,' Prod#"!ion +$anning 9 "on!ro$

-' Prod#"!ion +ro"e%%

' Prod#"!ion +ro"e%% "8ar!

0' Prod#"!% o( Uni!%

2' Li%! o( Ra> Ma!eria$%

3' Li%! and P#r+o%e o( Ma"8ine%

4' In:en!or1 "on!ro$

&5' ?#a$i!1 +8i$o%o+81

&&' ?#a$i!1 "on!ro$

&*' P#r"8a%e de"i%ion

&,' P$an! )ain!enan"e%

&-' Ma!eria$ 8and$ing

&' S"ra+ Manage)en!

&0' Po$$#!ion Con!ro$


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INTRODUCTION

Production is the basic acti&ity of any organi=ation. Production is

the !rocess of con&erting ra# %ateria into finished goods #hich are sod

in the %ar$et. E&ery custo%er #ants ony finished goods. Their #ants are

ony satisfied by finished goods. Hence e&ery !roduction organi=ation

engaged the%se&es in for%ation and transfor%ation of !roducts and

hence utiity is gain through this !rocess. :tiity of the !roduct %eans

#ant satisfying !o#er of that !roduct.

Hari -% Stee Industries are engaged in the !roduction of T'T<

BA)S and A;+LES. These !roducts are #idey used for constructi&e

!ur!ose. Hence their %ain custo%ers are constructors, rea


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ORGANI


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PRODUCTION PLANNING 9 CONTROL

Products are %anufactured by the transfor%ation of ra# %ateria

into finished goods. This is ho# !roduction is achie&ed. Panning oo$s

ahead, antici!ates !ossibe, difficuties and decide in ad&ance as to ho#

the !roduction, best be carried out. The contro !hase %a$es sure that the

!rogra%%ed !roduction is constanty %aintained.

PP co%!rise the !anning, routing, dis!atching in the

%anufacturing !rocess so that the %o&e%ent of %ateria, !erfor%ance of

%achines and o!eration of abor ho#e&er are subdi&ided and are directed

and coordinated as to @uantity, @uaity, ti%e and !ace. Panning and

contro are t#o basic and interreated %anageria functions. They are so

interreated that they can be and often are considered as being onefunction. Panning is the !re!aration acti&ity #hie contro is the !ost<

o!eration function.

In Hari -% Stee Industries !roduction !anning and contro is

hande by 'r. 'anharbhai *iradia and 'r. Priyabhai *iradia. As the

fir% is of %ediu% si=e there is no need to for% se!arate de!art%ent for it.

Hence the !ro%oter and the acti&e !artner ta$e the initiati&e "ointy for

better !roduction !rocedure and contro %ethod. Yet so%eti%es they too$

the he! of fore%an and technica e!erts #hich are hired for shortduration for !roduction !anning.

The %ain ad&antage of handing the %ain de!art%ents by sa%e

!eo!e or !artners eads to unity of co%%and and unity of contro and

further eads to s!eciai=ation. E&en %ar$eting is done by the acti&e

!artner< 'r. *ihar *iradia and 'r. Priya *iradia "ointy and hence there

is no need to transfer or co%%unicate infor%ation to anyone and hence

!roduction !anning, contro and %ar$eting are done together #ith are@uired infor%ation and hence decision can be ta$en effecti&ey.


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PRODUCTION PROCESS

In the !roduction de!art%ent, %anufacturing is the core acti&ity

and fir% a#ays try to %aintain a o# %anufacturing cost #hich can ta$e !ace #ith the he! of increase the !roducti&ity reduction in &ariation

#aste.

Hari -% Stee Industries has a good %achinery and e@ui!%ent for

a %anufacturing. Fir% has a bought roing and shearing %achines fro%

Pun"ab for doing best @uaity #or$ #ith %ini%u% %anufacturing cost.

Hari -% Stee Industries %ain !roduct to be %anufacture is IS-<

T'T Bars. Yet other !roducts #hich are !roduced but in %inor basis are/

19 Stee Iron,49 Ange,09 Stand,59 Aoy ast. Yet here #e are "ust

describing the !roduction !rocess for %anufacturing T'T


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PRODUCTION PROCESS CHART

ALA;7


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PRODUCTS OF UNIT

19 IS-< T'T BA)S

49 A;+LES

09 STEEL I)-;

59 STA;(

C9 ALL-Y AST

LIST OF RAW@ MATERIALS

19 I)-; SHIP PLATES< Fro% Aan$ Shi! Brea$ing Yard49 I;(-;EASIA; -AL< Fro% ;a&a$hi Port

09 -KY+E; YLI;(E)< Fro% 'etoda

59 LP+ YLI;(E)< Fro% 'etoda


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LIST OF MACHINARIES

19 PLATE SHEA)I;+ 'AHI;E

49 )-LLI;+ 'ILL 'AHI;E/

a. Fy#hee

b. )eduction +ear

c. Pinion +ear Bo

d. G ;os 'i Stand

c. )os

09 or$sho! 'achinery/

a. Lathe 'achine

b. Sha!er 'achine

c. )adia (ri

d. End utting Shearing 'achine

e. oa Pu&eri=er Pant

f. Bo#er

g. Bast Furnace

h. Pusher

59 eigh


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PURPOSE OF EACH MACHINARIES

19 PLA;T SHEA)I;+ 'AHI;E/

It is used for cutting !ates in e@ua suitabe cuttings and !ieces.

49 )-LLI;+ 'ILL 'AHI;E)Y/

It is used to graduay ro the cutted !ates into a T'T


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. )adia (ri< It is a hea&y dri %achine used for driing !ur!oses

on %eta "ob.

(. End utting Shearing 'achine< It is used for cutting the da%agedends of the T'T


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INENTORY CONTROL

The #ord in&entory is co%%ony used in to describe the goods and

%aterias that a business hods for the uti%ate !ur!ose of resae.

There

are three basic reasons for $ee!ing an in&entory/

1. Ti%e < The ti%e ags !resent in the su!!y chain, fro% su!!ier to

user at e&ery stage, re@uires that you %aintain certain a%ounts of

in&entory to use in this ead ti%e. Ho#e&er, in !ractice, in&entory

is to be %aintained for consu%!tion during &ariations in ead

ti%e. Lead ti%e itsef can be addressed by ordering that %any

days in ad&ance.

4. :ncertainty < In&entories are %aintained as buffers to %eet

uncertainties in de%and, su!!y and %o&e%ents of goods.

0. Econo%ies of scae < Idea condition of one unit at a ti%e at a

!ace #here a user needs it, #hen he needs it !rinci!e tends to

incur ots of costs in ter%s of ogistics. So bu$ buying, %o&e%ent

and storing brings in econo%ies of scae, thus in&entory.

The in&entory contro is done for three things/ 19 ra# %ateria, 49

#or$ in !rogress and 09 finished goods.

Hari -% Stee Industries $ee!s ony 4M


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?UALITY PHILOSOPHY

India has a arge %an!o#er and ra# %ateria a&aiabe i$e :SA,

:.7., A:ST)ALIA, A;A(A, +E)'A;Y, etc. This gi&es India the

ad&antage of !roducing resources at %uch chea!er !rice co%!aring to

other countries. Thats #hy India has a chance to get %anufacturing order.

But India is oo$ed do#n for its @uaity assurance. Hence Hari -% Stee

has @uaity !hioso!hy< D+i&e @uaity !roducts #ith ess !rofitD. (ue to

this Hari -% stee Industries ga&e a dedicated #or$ to secure the

certificate of IS-331/433? #hich ensure @uaity and consu%er

satisfying !roducts.

?UALITY POLICY=

Hari -% Stee Industries co%%uted to %anufacture and su!!y

!roducts, #hich %eet the agreed @uaity re@uire%ents of our custo%ers. It

sha #or$ for continuous i%!ro&e%ent of their !rocesses and o!erations.

?UALITY O6BECTIES=

• Enhance custo%er satisfaction.

• 'aintain recogni=ed @uaity %anage%ent syste%s.

• Achie&e o!erationa eceent through techno


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?UALITY CONTROL AND TESTING

As #e $no# that @uaity %atters a ot to any fir% or organi=ation.

So it is too necessary that a fir% $ee!s a $een #atch on

@uaity contro and go through standard @uaity contro

%easures and testing !rocedures.

Hari -% Stee Industries has recenty got an IS-331/433?

certificates, hence it is going through a standard %easures for better

@uaity contro through standard %easures and hence satisfying custo%erson reguar basis.

Hari -% Stee Industries sees that a iron shi! !ates 8ra# %ateria9

are of good @uaity and #ithout rust. For this it has $e!t %any agents in

Bha&nagar #ho sees that the fir% gets good @uaity iron !ates

;et Hari -% Stee Industries uses Indonesian oa in furnace and

heat and oygen reguator in order to get unifor% thic$ness of rods. In

roers too they uses standard cutter.

The %ain contro %easure is et Anaysis #hich is done to the eact

thic$ness, iron and stee contain, and other ee%ent contain in the T'T<

BA).


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PURCHASE DECISION

Fir% decision on !urchases is on daiy basis. A ra#


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PLANT MAINTAINANCES

E&ery fir% or an organi=ation needs effecti&e !ant %aintenance. It is&ery i%!ortance for better #or$ing of !roduction !rocesses and other

!ant #or$.

There is se!arate tea% $e!t for !ant %aintenance #hich #or$s under

site %anager and fore%an.

Fir% uses t#o different ty!e %ethods for !ant %aintenance.

Brea$ do#n 'aintenance Pre&enti&e 'aintenance

In the brea$ do#n %aintenances, #hene&er any brea$ do#n or faut

arise in the !ant then infor% the %aintenance de!art%ent and they are

chec$ the !robe%.

Pre&enti&e %aintenances is done before the brea$do#n of any

%achinery decided by the factors i$e tota ife of the %achine, ast

%aintenances !erfor%edN decide by the e!ort change in the noise of the

%achine, heating of the %achine. These a are sensory facts #hich one

can sense #hether the %achine re@uire the %aintenances or not and

studying the !ast history of the each %achine, the brea$ do#n can be

!re&ented e&entuay fro% its brea$ do#n !oint.


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MATERIAL HANDELING

The %ateria handing !rocess %eans %o&e%ent of %ateria fro%

one !ace to another !ace for the !ur!ose of !rocessing. They are %o&ed

either %anuay or %echanicay #ith the different ty!e of %ateria

handing e@ui!%ent.

In Hari -% Stee Industries the %ateria handing !rocess is done

through truc$s on site if the %ateria is bu$y and of arge &ou%e. The

other s%a or ight #eighted %aterias or ra# %ateria are %o&ed or

hande through s%a anchors or by %aintenance staff. So%eti%es if the

%ateria cannot be hande #ith the abo&e %entioned !rocess then %any

ti%es o&erhead cranes are caed in or to do that. E&en tractors are asoused so%eti%es.

The "obs done by %ateria handing e@ui!%ent incude ifting,

%o&ing, dro!!ing, !ositioning, hoding, reai=ing, stoc$ing, etc.

Fir% has to %aintain %ateria handing &ery effecti&ey and on the

basis of this %ateria trans!ortation ti%e is decrease in the fir% and

%ateria is %ade a&aiabe at the right ti%e #here it is re@uired.


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SCRAP MANAGEMENT

'anufacturers do not intend or !an to %a$e scra!, but de!ending

on the industry and the !roduct, scra! is !roduced. But de!ending on thety!e of scra!, it %ay be re


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PERSONNEL

DEPARTMENT


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CONTENTS

&' In!rod#"!ion

*' Organi;a!ion %!r#"!#re

,' Ti)e .ee+ing %1%!e)

-' Re"r#i!)en! 9 %e$e"!ion

' Training 9 de:e$o+)en!

0' Pro)o!ion 9 !ran%(er +o$i"1

2' Wage 9 %a$ar1 ad)ini%!ra!ion

3' We$(are and Grie:an"e Hand$ing

4' ESI 9 PF %"8e)e%

&5' Trade #nion

&&' To!a$ n#)7er o( E)+$o1ee% and S8i(!%

&*' Par!i"i+a!ion o( Wor.er% in Manage)en!


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INTRODUCTION

E&ery fir% or !roduction organi=ation need in!ut resources i$e%an, %achine, %oney, %ethod, and %ateria. -ut of these resources 'an

is crucia factor of the organi=ation.

The Hu%an )esource 'anage%ent is the !rocess of attracting,

hoding and %oti&ating !eo!e in&o&ing a %anagers


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ORGANI


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Each unit has its o#n ti%e$ee!ing syste%. E&ery fir% or a

co%!any %ust ha&e ti%e$ee!ing syste% to %easure the reguarity of its

e%!oyees. In ti%e $ee!ing syste% the arri&a and de!arture of

e%!oyees is recorded.

Hari -% Stee Industries has foo#ing %ethod/

&' utting and roing !rocess< 13 hours

*' Sorting and Bunding !rocess< 13 hours

,' Loading and unoading !rocess< ? hours

Ti%e$ee!ing %eans ho# to #or$ in the unit #ith a i%ited ti%e. For e&ery different !rocess there are different grou!s of #or$ers each under a

%ain fore%an and site %anager. They a together di&ide their #or$ and

ti%e of different #or$ according to their !riorities and s!ecification.

There is no fied ti%e $ee!ing syste% in Hari -% Stee Industries for

the abo&e #or$ !rocess. It ta$es !ace according to inco%ing ra#<

%ateria and outgoing finished goods.

This syste% is too %uch he!fu in cacuation of #ages of e%!oyees

and #or$ers.

It %ay ha!!en so%eti%e that each !rocess does not ta$e that %uch

ti%e as stated abo&e and2or it %ay aso ha!!en that one or %ore !rocess

can ta$e !ace si%utaneousy according to needs and !riorities.

Hence Hari -% Stee Industries ha&e a#ays $e!t the ti%e $ee!ing

syste% feibe, so that #or$ers shoud not go in too %uch stress and

!rocess shoud be done effecti&ey and efficienty.

RECRUITMENT SELECTION AND ORIENTATION


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)ecruit%ent %eans search of !ros!ecti&e e%!oyees to suit the "ob

re@uire%ents. After the !ros!ecti&e a!!icants are seected, right ty!e of

!ersons need to be search in order to %atch the re@uired "ob s!ecification.

The success of an organi=ation de!ends argey u!on the tea% of s$iedand @uaified #or$ers #ho are chosen out of a nu%ber of a!!icants for

the "ob.

In Hari -% Stee Industries, recruit%ent is done as !er

re@uire%ents. For this !ur!ose the t#o !artners #ho are engaged in

handing !ersonne de!art%ent need to search a tea% of s$ied #or$ers

for s!ecific #or$ !rocess in the factory. Fore%an of the factory and

&arious deaers and agents in Bha&nagar and Aan$


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In the #ords of (ae S. Beach, Training is the organi=ed

!rocedure by #hich !eo!e get $no#edge and s$i for a definite

!ur!ose.

E&ery organi=ation needs to ha&e trained and e!eriencede%!oyees to !erfor% the acti&ities #hich are to be done. Training and

de&eo!%ent of !ersonne is a foo#


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PROMOTION 9 TRANSFER POLICY

The ter% !ro%otion has been defined by Pigers and 'iyers, A !ro%otion is the ad&ance%ent of an e%!oyee to get better in ter%s of

res!onsibiities, %ore !restige or status, greater s$i and es!eciay

increased rate of !ay of saary.

A !ro%otion is a &ertica %o&e in ran$ and res!onsibiities. An

u!#ard ad&ance%ent of an e%!oyee in an organi=ation to another "ob,

#hich co%%ands better #ages, better status and higher o!!ortunities,

res!onsibiities and authorities, better en&iron%ent, hours of #or$ and

faciities.

Hari -% Stee Industries does not foo# any !articuar !oicy for

!ro%otion. Here, they e%!hasis on !erfor%ance of the !erson. They are

&ery strict in the %atter of disci!ine. (ue to fied s!eciai=ation in their

s!ecific #or$ !rocess, no #or$ers are sub"ected to !ro%otion or transfer.

or$ers or abors in Hari -% Stee Industries are not !ro%oted or

transfer to other !osition or !ost but there $no#edge and s$is for their

s!ecific gi&en #or$ are !ro%oted by fore%an through detai studies and

anay=ing ne# trends and %ethods. It is the ne# of !ro%otion of #or$ers

#hich ead to better #or$!ace and a successfu enter!rise.


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WAGE AND SALARY ADMINISTATION

ages and saary are gi&en to the e%!oyee, #or$ers and abors as

re#ard for their contribution to the !roduction !rocess. ages and saary

ad%inistration refers to the estabish%ent and i%!e%entation of sound

!oicies and !ractices of e%!oyee co%!ensation. *arious #age acts and

abors acts are used in order to deter%ine the #age of the e%!oyees.

Saary %eans %oney !aid !eriodicay to !ersons #hose out!ut cannot be

easiy %easured such as cerica staff as #e as su!er&isory and

%anage%ent staff

In Hari -% Stee Industries the #ages and saary ad%inistrati&e is

hande by 'r. Priya and 'rs. 7iranben #ith the he! of 'r.*ibha&$u%ar and factory fore%an.

In Hari -% Stee Industries, #ages and saaries to s$ied #or$ers

and abors are not gi&en on indi&idua basis. Yet they are gi&en according

to their grou!s and tea%s. Each and e&ery tea% or a grou! has fied

#ages and saaries #hich is !redeter%ined. (eaing #ith each grou! or

tea% for gi&ing #ages and saaries is done through fore%an. He is the

care ta$er of each and e&ery grou!.

ages and saaries are gi&en in cash as #e as in $ind. They are

usuay gi&en on !er %onth basis. It %a$e sub"ect to incre%ent fro% ti%e

to ti%e.


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WELFARE OF PERSONNELS

E%!oyees are i%!ortant assets of a unit. So for better #or$

!erfor%ance they shoud be %oti&ated. For this they shoud be gi&en notony financia incenti&es but aso non financia incenti&es and faciities.

Hari -% Stee Industries concentrates on abo&e facts and gi&es %any

benefits to their e%!oyees. The fir% underta$es the foo#ing #efare

%easure to %oti&ate the #or$ers.

LEAE = E&ery #or$er and office staff is gi&en a ea&e #ithoutdeduction in their #ages and saaries on certain conditions. ;o ea&es

%ore than ?days is ao#ed in a !articuar %onth.

HOUSE RENT ALLOWANCE= E&ery #or$er and abor ishouse faciities on factory !re%ises ony. The fir% has buit roo%s and

toiets #hich are gi&en to e&ery #or$er free of cost and rent. :suay each

roo% acco%%odated 5


42/75

WELFARE AND PROIDENT FUND= The #or$%enha&e estabished a #efare and !ro&ident fund to contribute e&ery %onth.

This fund is utii=ed for the benefits of #or$ers in futures dates or in

e%ergencies.

CANTEEN= T#o cu!s of tea2coffee are !ro&ided free of cost to

a e%!oyees in each shifts. Lunch and sna$es are being !ro&ided at

subsidies rates. (uring the su%%er butter%i$ is distributed free to e&ery

#or$%an on duty.

FESTIAL SWEETS= -n e&ery Indian festi&a, each ande&ery #or$er, abor and staff %e%ber gets 1$g !ac$et of a !articuar

s#eets.

GRIEANCE HANDLING

In order to ha&e a better #or$!ace and for generating oya and

dedicated #or$ers and abors to#ards fir%s ai%s and goas grie&ance

handing shoud be done scientificay. It is one of the i%!ortant tas$ of

e&ery fir% or organi=ation.

:suay it is done by fore%an and site %anager because they are

cose to the% and they $no# their actua conditions and !robe%s. They

are the in$ bet#een #or$ers and !artners.

Yet for %a"or grie&ance and !robe% so&ing thing it is necessary

to concern a !artners and they ta$e acti&e !art in so&ing such !robe%s

and grie&ances

-ffice staff grie&ance and !robe%s are directy handed by

!artners. They too so%eti%e, he! !artners to so&e #or$ers !robe%s

and grie&ances.


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WORKING ON ESI 9 PF SCHEME

ESI= E%!oyee State Insurance is one of the %ost !o!uar sche%es for the e%!oyees. The ESI sche%e has been designed to the

e%!oyee under the #or$%an co%!ensation act of 1>5?. Persons ha&ing

)s.GC332< %onthy saary are eigibe for ESI sche%e. This sche%e

incuded sic$ness, death benefits, accidents on duty etc.

For this sche%e, in Hari -% Stee Industries deduct, 1.CM fro%

the #or$ers saary #hie #or$ers tea% contribution is %ay &ary. This

sche%e is %osty beneficia to the e%!oyees at the ti%e of accident and

sic$ness. As the fir% is ne#, this sche%e is !racticed on rando% basis#ith no fied !ercentage of contribution.

PF= Pro&ident Fund sche%e is a $ing of sa&ing. Any fir% of aco%!any ha&ing %ore than C3 e%!oyees can "oin this sche%e. This is a

statutory sche%e %eant for #efare of the e%!oyees. In India it #as

started in 1>G4 and a!!ied in a the industry. It is necessary for e&ery

co%!any to !ro&ide PF sche%e to it !er%anent e%!oyees.

In order to get the benefits of those sche%e e%!oyee shoud ha&e

co%!eted continuous at east >3 days ser&ices. Here, in Hari -% Stee

Industries, under this sche%e a #or$ers tea% has to contribute 0.GM is

for !ro&ident fund. The tea% gets 14M interest on the contribution of his

!ro&ident fund.


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TRADE UNION

A abor is the %ost i%!ortant factor of !roduction.

The organi=ation so%eti%es faces !robe%s regarding this factor of

!roduction. The !robe%s %ay be !ertaining to the %atters i$e !ay%ent

of #ages #or$ing conditions, unfa&orabe condition of %anage%ent,

irres!onsibe #or$ing of the e%!oyees, accidents and their cai%s and

other !robe%s reating to #or$ers. The organi=ation has to fra%e

a!!ro!riate !oicies of the s%ooth running of the factory as far as abors

are concerned.

According to section 48G9 if the Trade :nion Act4G, DA trade

union is any co%bination of !ersons, #hether te%!orary or !er%anent,

!ri%ariy for the !ur!ose of reguating the reations bet#een #or$ers and

e%!oyers or bet#een #or$ers and #or$ers and for i%!osing restricti&e

condition on the conduct of any trade or business and incudes the

federation of t#o or %ore trade unions.

In Hari -% Stee Industries, there are no %a"or !robe%s regarding

#or$ers. But so%eti%es !robe%s do arise to unrest a%ong #or$ers

regarding #ages, #or$ing condition and ti%e, ao#ance etc. In such

cases the %anage%ent inter&ene into the %atter and finds out the causesof the %atter and aso the !ro!er soution of the !robe%.

The fir% has certain ad&antages due to union. These ad&antages

%ay be achie&ed in ter%s of %ore efficiency of #or$ers, increased

#or$ing hours and reasonabe ea&es, co


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TOTAL NUM6ER OF WORKERS AND SHIFTS

The tota nu%ber of #or$ers argey de!ends on fir%s or

organi=ations si=e and a%ount of !roductions. Hari -% Stee Industries

usuay !roduces 033 #or$ers #or$ing in their

res!ecti&e tea% under fore%an and site %anager. It aso has 13 office

staff and 5


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MARKETING DEPARTMENT


47/75

CONTENTS

& In!rod#"!ion* Pri"ing Po$i"1

, C8anne$ o( di%!ri7#!ion

- Co)+e!i!or%

Mar.e! Re%ear"8 And Mar.e!ing

0 Ad:er!i%ing And Se$$ing E+en%e%

2 Mar.e! %eg)en!a!ion

3 Pri"e )i de"i%ion and Prod#"! )i de"i%ion

4 Pro)o!ion Pra"!i"e

&5 To!a$ Sa$e% a! !8e End o( Mon!8


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INTRODUCTION

Present %ar$et is custo%er oriented %ar$et is no onger su!!ier

%ono!oy %ar$et. usto%er is the $ing of the %ar$et. ithout %ar$eting

co%!any cannot reach to the %ar$et $ing so, %ar$eting is the critica !art

in todays era.

'ar$eting is the socia and the %anageria !rocess by #hich

indi&iduas and grou!s obtain #hat they need and #ant through creating,

offering, and echanging !roducts of &aues #ith others.

The %anage%ent !rocess through #hich goods and

ser&ices %o&e fro% conce!t to the custo%er.

It incudes the coordination of four ee%ents caed the 5 Ps

of %ar$eting/

819 Identification, seection and de&eo!%ent of a !roduct,

849 (eter%ination of its !rice,

809 Seection of a distribution channe to reach the custo%ers !ace, and

859 (e&eo!%ent and i%!e%entation of a !ro%otiona strategy.

Hari -% Stee Industries has a se!arate %ar$eting de!art%ent

hande by t#o !artners< 19 'r. Priya and 49 'r. *ihar.

The %ain area of focus for Hari -% Stee Industries for %ar$eting

is Saurashtra


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PRICING POLICY

The !ricing !oicy is the !oicy by #hich a co%!any deter%ines

the #hoesae and retai !rices for its !roducts or ser&ices. Each fir% andorgani=ation shoud foo# a !ro!er and %ost effecti&e !ricing !oicy for

their &arious !roducts.

Hari -% Stee Industries foo# the feibe !ricing !oicy. As

the ra# %aterias of the fir% has no fied !rice hence the fir%s !roducts

ha&e feibe and changing !rice !oicy. Hari -% Stee Industries foo#

the Bha&nagar based Pricing Poicy hence a&oiding !rice discri%ination

and gi&ing !rice to its origin and base.

Pricing !oicy shoud aso incude trans!ortation cost and

ad&ertising e!enses. Hence Hari -% Stee Industries in order to co%!ete

in the %ar$et, foo# such !ricing !oicy #hich eads to better consu%er

satisfaction.

CHANNEL OF DISTRI6UTION

(istribution channe consists of sets of interde!endent organi=ation

in&o&ed in the !rocess of sustaining a !roduct or ser&ice fro% the !oint

of !roduction to the user at the !oint of consu%!tion.

Hari -% Stee Industries uses indirect channe of distribution. In

indirect channe of distribution, the fir% doesnt directy se their

!roducts to their retaiers #hich uti%atey se it to the fina consu%ers.

Though the channe of distribution of the fir% is short sti they ha&e to

incude %idde%en and retaiers, because the fir% !roduces the !roducts

in bu$, but the de%and by consu%ers are in s%a @uantities and they too

are scattered in different !aces, hence it cannot be %aintained by the fir%

e&ery ti%e. So the fir% has to buit and search !ros!ecti&e retaiers and

#hoesaers for seing out its !roducts.

Hari -% Stee Industries uses the road trans!ortation 8truc$s9 for

distributing its !roducts through its channe of distribution.


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COMPETITORS OF THE FIRM

E&ery fir% or organi=ations in the business #ord ha&e their

co%!etitors. E&ery enter!rise needs to ha&e their s!ecific strategies inorder to sur&i&e in the co%!etiti&e %ar$et. o%!etition and o%!etitors

are necessary in e&ery business %ar$et. They ead to better !roduction,

arge scae !roduction, reduced !rice, and better @uaity !roducts to the

consu%ers. o%!etitors a#ays $ee! #atch on each other in their !rice

strategies, %ar$eting sche%es and on their #or$ing #hich uti%atey

eads to better !roducts at o#er !rice.

Hari -% Stee Industries too ha&e co%!etitors in the %ar$et.

So%e of the strong co%!etitors are/

19 :T7A)SH T'T

49 *I)AT T'T BA)S

09 AKIL )-LLI;+ 'ILLS

59 A(ITYA T'T

MARKET RESEARCH AND MARKETING

'ar$et research is any organi=ed effort to gather infor%ation

about %ar$ets or custo%ers. It is a &ery i%!ortant co%!onent of business

strategy. 'ar$et research is a $ey factor to get ad&antage o&er

co%!etitors. 'ar$et research !ro&ides i%!ortant infor%ation to identify

and anay=e the %ar$et need, %ar$et si=e and co%!etition. 'ar$et

research, #hich incudes socia and o!inion research, is the syste%atic

gathering and inter!retation of infor%ation about indi&iduas ororgani=ations using statistica and anaytica %ethods and techni@ues of

the a!!ied socia sciences to gain insight or su!!ort decision %a$ing.

Hari -% Stee Industries in order to for %ar$et research $ee!s

foo#


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ADERTING AND SELLING EXPENSES

Ad&ertising is any for% of non

ideas, goods or ser&ices for the !ur!ose of incuding !eo!e to buy.Ad&ertising has beco%e the core of %ar$eting function. ith the he! of

ad&ertising, the fir% tries to create the brand i%age into the %ar$et.

Hari -% Stee Industries in order for ad&ertising and seing

!ur!ose, uses oca trade "ournas, !osters and hoarding for ad&ertising its

!roducts.

Ad&ertising and seing e!enses incude cost of !rinting in

trade "ournas, !osters and !re!aring hoardings. -ther seing e!ensesincude trans!ortation cost for ra# %aterias and finished goods.

MARKET SEGMENTATION

'ar$et seg%entation is a )ar.e!ing %!ra!eg1 that in&o&es

di&iding a broad !arge! )ar.e! into subsets

of "on%#)er% #ho ha&e co%%on needs 8and2or co%%ondesires9 as #e as co%%on a!!ications for the ree&ant

goods and ser&ices. (e!ending on the s!ecific characteristics

of the !roduct, these subsets %ay be di&ided by criteria such

as age and gender, or other distinctions, such as ocation or

inco%e. 'ar$eting ca%!aigns can then be designed and

i%!e%ented to target these s!ecific custo%er seg%ents,

addressing needs or desires that are beie&ed to be co%%on

in this seg%ent, using %edia that is used by the %ar$et

seg%ent.

Hari -% Stee Industries ha&e seg%ented its %ar$et in a &ery

syste%aticay and effecti&ey %anner. It sends or ses its !roducts

through %idde%en and2or #hoesaers and retaiers. The seing acti&ity

is indirecty in order to reach the !ros!ecti&e custo%ers. So%e of the

!ros!ecti&e custo%ers are/

19 Buiders< Pri&ate and +o&ern%ent

49 Pri&ate ontractors09 +o&ern%ent ontractors

http://en.wikipedia.org/wiki/Marketing_strategyhttp://en.wikipedia.org/wiki/Target_markethttp://en.wikipedia.org/wiki/Consumerhttp://en.wikipedia.org/wiki/Marketing_strategyhttp://en.wikipedia.org/wiki/Target_markethttp://en.wikipedia.org/wiki/Consumer


52/75

59 Foreign infrastructure co%!anies and tie


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PROMOTION ACTIITIES

+eneray, !ro%otion is co%%unicating #ith the !ubic in an

atte%!t to infuence the% to#ard buying your !roducts and2or ser&ices.

An acti&ity, such as a sae or ad&ertising ca%!aign, designed

to increase &isibiity or saes of a !roduct. The #ord !ro%otion is aso

used s!ecificay to refer to a !articuar acti&ity that is intended to

!ro%ote the business, !roduct or ser&ice.

Hari -% Stee Industries !ro%ote its o#n business in ra#<

%ateria %ar$et through !ro%!t !ay%ent #hie !urchasing ra#


54/75


55/75

FINANCE DEPARTMENT


56/75

CONTENTS

&' In!rod#"!ion

*' Finan"ia$ P$anning

,' So#r"e% O( Ca+i!a$ And De+re"ia!ion

-' Ca+i!a$ S!r#"!#re

' Wor.ing Ca+i!a$

0' Ad)ini%!ra!i:e E+en%e

2' Credi! +o$i"1

3' Pro(i!% and Tae%


57/75

INTRODUCTION

'oney or finance is the ife bood of business. ithout finance

nothing can be ha!!ened or #e can say a %anageria acti&ity re&o&e

around finance because #e re@uire finance to !urchase e!ensi&e

%achinery, !ay saary to e%!oyees, !urchase ra# %ateria, etc. So #e

can say that finance is the oi that ubricates the huge %achinery of the

industria sector.

Finance is the study of ho# in&estors aocate their assets o&er

ti%e under conditions of certainty and uncertainty. A $ey !oint in finance,

#hich affects decisions, is the ti%e &aue of %oney, #hich states that a

unit of currency today is #orth %ore than the sa%e unit of currency

to%orro#. Finance ai%s to !rice assets based on their ris$ e&e, and

e!ected rate of return. Finance can be bro$en into three different sub

categories/ !ubic finance, cor!orate finance and !ersona finance.

According to Hoagand finance %anage%ent is concern %ainy

#ith such a %atter as, ho#, a business cor!oration rises its finance and

ho# it %a$es use of it.

So, on the abo&e #e can say that %ain ai% of finance %anage%ent

is to rise or to utii=e finance in such a #ay that co%!any can %ai%i=e

its !rofit.

In Hari -% Stee Industries Finance (e!art%ent and a ban$ing

#or$ is hande by t#o !artners< 19 'r. Priya and 49 'rs. 7iranben. They

both induge in !rocuring and utii=ing financia resources in such a #ay

that fir% %ai%i=e its !rofit. As it is !artnershi! fir%, %a"ority of finance

co%es fro% oans, borro#ings and !ersona contribution.

http://en.wikipedia.org/wiki/Investorshttp://en.wikipedia.org/wiki/Assetshttp://en.wikipedia.org/wiki/Time_value_of_moneyhttp://en.wikipedia.org/wiki/Public_financehttp://en.wikipedia.org/wiki/Corporate_financehttp://en.wikipedia.org/wiki/Personal_financehttp://en.wikipedia.org/wiki/Investorshttp://en.wikipedia.org/wiki/Assetshttp://en.wikipedia.org/wiki/Time_value_of_moneyhttp://en.wikipedia.org/wiki/Public_financehttp://en.wikipedia.org/wiki/Corporate_financehttp://en.wikipedia.org/wiki/Personal_finance


58/75

FINANCIAL PLANNING

Financia Panning is the !rocess of esti%ating the ca!ita

re@uired and deter%ining its co%!etition. It is the !rocess of fra%ingfinancia !oicies in reation to !rocure%ent, in&est%ent and

ad%inistration of funds of an enter!rise.

Financia Panning is !rocess of fra%ing ob"ecti&es, !oicies,

!rocedures, !rogra%%es and budgets regarding the financia acti&ities of

a concern. This ensures effecti&e and ade@uate financia and in&est%ent

!oicies. The i%!ortance can be outined as<

1. Ade@uate funds ha&e to be ensured.

4. Financia Panning he!s in ensuring a reasonabe baance bet#een

outfo# and info# of funds so that stabiity is %aintained.

0. Financia Panning ensures that the su!!iers of funds are easiy

in&esting in co%!anies #hich eercise financia !anning.

5. Financia Panning he!s in %a$ing gro#th and e!ansion

!rogra%%es #hich he!s in ong


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SOURCES OF FINANCE OR CAPITAL

E&ery fir% and enter!rise has to see and search for the

!ros!ecti&e sources for ca!ita and for !rocuring finance for the fir%s#or$ing. Hence Hari -% Stee Industries has %any such sources of

finance and ca!ita such as/

19 Persona ontribution

49 Secured Loans

09 :nsecured Loans

59 ash redit

C9 Borro#ings fro% reati&es and friends

DEPRECIATION OF ASSETS

In accountancy, de!reciation refers to t#o as!ects of the sa%e conce!t/

1. The decrease in &aue of assets 8fair &aue de!reciation9, and

4. The aocation of the cost of assets to !eriods in #hich the assets

are used 8de!reciation #ith the %atching !rinci!e9.

The for%er affects the baance sheet of a business or entity, and the atter

affects the net inco%e that they re!ort. +eneray the cost is aocated, as

de!reciation e!ense, a%ong the !eriods in #hich the asset is e!ected to

be used. This e!ense is recogni=ed by businesses for financia re!orting

and ta !ur!oses.

Hari -% Stee Industries uses the fied de!reciation %ethod for

cacuating the de!reciation for its fied assets. ;or%ay the rate ofde!reciation is $e!t CM.

http://en.wikipedia.org/wiki/Fair_valuehttp://en.wikipedia.org/wiki/Matching_principlehttp://en.wikipedia.org/wiki/Expensehttp://en.wikipedia.org/wiki/Fair_valuehttp://en.wikipedia.org/wiki/Matching_principlehttp://en.wikipedia.org/wiki/Expense


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CAPITAL STRUCTURE

).H.esse defines ca!ita structure as The ca!ita structure fre@uenty

used to indicate the ong ter% sources of fund e%!oyed in the business

enter!rise.

WORKING CAPITAL

or$ing ca!ita 8abbre&iated 9 is a financia %etric #hich

re!resents o!erating i@uidity a&aiabe to a business, organi=ation or

other entity, incuding go&ern%enta entity. Aong #ith fied assets such

as !ant and e@ui!%ent, #or$ing ca!ita is considered a !art of o!erating

ca!ita. ;et #or$ing ca!ita is cacuated as current assets %inus current

iabiities. If current assets are ess than current iabiities, an entity has

a #or$ing ca!ita deficiency, aso caed a #or$ing ca!ita deficit.

Hari -% Stee Industries has $e!t the fied #or$ing ca!ita of CG

a$h ru!ees. But recenty the fir% has decided for gro#th and e!ansion

of its !roduction !rocess and has a!!ied for %ore cash credit in the ban$

of ru!ees 1.4 crore #hich can be used as #or$ing ca!ita.

APITAL

ST):T:)E

Secured

Loans

:nsecured

Loans

Persona

ontribution

ash redit

http://en.wikipedia.org/wiki/Accounting_liquidityhttp://en.wikipedia.org/wiki/Current_assetshttp://en.wikipedia.org/wiki/Current_liabilitieshttp://en.wikipedia.org/wiki/Current_liabilitieshttp://en.wikipedia.org/wiki/Accounting_liquidityhttp://en.wikipedia.org/wiki/Current_assetshttp://en.wikipedia.org/wiki/Current_liabilitieshttp://en.wikipedia.org/wiki/Current_liabilities


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ADMINISTRATIE EXPENSES

Ad%inistration is one of the %ost crucia and i%!ortantfunctions of any organi=ation i$e %anage%ent. Ad%inistration %eans to

for%uate !ans, strategies and setting u! of ob"ecti&es of the fir% or

organi=ation. It is %ainy concentrated on the to! e&e of the fir%. 'any

ti%es it is beie&ed that ad%inistration and %anage%ent are used

interchangeaby. But ad%inistration is thin$ing and decision9 The eectricity bis

139 Saary of fore%an and co%%issions of agents


62/75

CREDIT POLICY

It is the cear, #ritten guideines that set/

819 The ter%s and conditions for su!!ying goods on credit,

849 usto%er @uaification criteria,

809 Procedure for %a$ing coections,

859 Ste!s to be ta$en in case of custo%er dein@uency.

So it can be said that it differs fro% fir% to fir% and enter!rise to

enter!rise about setting a!!ro!riate credit !oicy for their organi=ations

and its custo%ers.

For Hari -% Stee Industries, retaiers and #hoesaers are their

direct custo%ers and contractors and buiders 8Pri&ate and +o&ern%ent9

are their indirect custo%ers. So it needs to for%uate a feibe credit

!oicy for their direct custo%ers #hich aso dont affect their indirect

custo%ers ad&ersey. redit !oicy of the fir% is aso affected by the

credit !oicy of shi!


63/75

PROFITS AND TAXES

hene&er #e hear the #ord< DBusiness or DFir% the first thing

#hich co%es to our %ind is #hat !rofits and taes. Profit is the return toan o#ner of ca!ita stoc$ 8%eans of !roduction or and9 in any !roducti&e

!ursuit in&o&ing abor, or a return on bonds and %oney in&ested in

ca!ita %ar$ets.

A ta is a financia charge or other e&y i%!osed u!on a ta!ayer

8an indi&idua or ega entity9 by a state or the functiona e@ui&aent of a

state such that faiure to !ay is !unishabe by a#. Taes are aso i%!osed

by %any ad%inistrati&e di&isions. Taes consist of direct or indirect

taes and %ay be !aid in %oney or as its abor e@ui&aent.

E&ery fir% or organi=ation has to %anage and oo$ for its !rofits

and taes. Profits are %andatory in order to sur&i&e in the %ar$et and to

run the business on reguar basis. Profits are the %ain %oti&e for e&ery

business. According to the daiy turno&er of 03


64/75

SWOT ANALYSIS


65/75

SWOT ANALYSIS

S-T anaysis 8aternati&ey S-T 'atri9 < is a structured

!anning %ethod used to e&auate

the Strengths, ea$nesses, -!!ortunities, and Threats in&o&ed in

a !ro"ect or in a business &enture. A S-T anaysis can be carried out for

a !roduct, !ace or !erson. It in&o&es s!ecifying the ob"ecti&e of the

business &enture or !ro"ect and identifying the interna and eterna

factors that are fa&orabe and unfa&orabe to achie&ing that ob"ecti&e.

Setting the ob"ecti&e shoud be done after the S-T anaysishas been !erfor%ed. This #oud ao# achie&abe goas or ob"ecti&es to

be set for the organi=ation.

• Strengths/ characteristics of the business or !ro"ect that gi&e it

an ad&antage o&er others

• Wea$nesses/ are characteristics that !ace the tea% at a

disad&antage reati&e to others

• O !!ortunities/ ee%ents that the !ro"ect coud e!oit to its

ad&antage

• Threats/ ee%ents in the en&iron%ent that coud cause troube

for the business or !ro"ect

Identification of S-Ts is i%!ortant because they can infor%

ater ste!s in !anning to achie&e the ob"ecti&e. First, the decision %a$ers

shoud consider #hether the ob"ecti&e is attainabe, gi&en the S-Ts. If

the ob"ecti&e is not attainabe a different ob"ecti&e %ust be seected and

the !rocess re!eated. :sers of S-T anaysis need to as$ and ans#er

@uestions that generate %eaningfu infor%ation for each category

8strengths, #ea$nesses, o!!ortunities, and threats9 to %a$e the anaysis

usefu and find their co%!etiti&e ad&antage.

http://en.wikipedia.org/w/index.php?title=Structured_planning&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Structured_planning&action=edit&redlink=1http://en.wikipedia.org/wiki/Projecthttp://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/w/index.php?title=Structured_planning&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Structured_planning&action=edit&redlink=1http://en.wikipedia.org/wiki/Projecthttp://en.wikipedia.org/wiki/Business


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Hari -% Stee Industries effecti&ey uses the conce!t of S-T<

anaysis. The fir% beie&es that the #ea$nesses, threats and negti&e side

of the fir% shoud be deat first. e shoud not ony be ha!!y on our

strengths and good side of the fir%. If #e #ant to be !ros!erous and

%o&e to sustainabe de&eo!%ent, S-T


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09 Wea$ness< a. Shortage of consutants at o!erating e&e rather than

!artner e&e b. Fir% doesnt ha&e #e defined heirarchy e&e #ith

#e estabish unity of co%%and

c. Less a&aiabiity of %ore fore%an #ith di&ersed s$is

d. Ha&e to de!end on agents in Bha&nagar 'ar$et region

e. Increase abor turno&er

59 Threats< a. Fro% arger co%!anies %anufacturing ISI


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FUTURE PLANS


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FUTURE PLAN

E&ery fir% or organi=ation has to !an about their future

&ision and %ission about their future !ros!ecti&e. This is i%!ortant

because it eads to fir%s gro#th and e!ansion, %ore turno&ers, %ore

!rofits, %ore !ros!erity and %ore custo%ers. If the future !ans of the

fir% is &iabe, effecti&e and &aid it he!s the fir% to sustain in the

co%!etiti&e %ar$et and !ros!er #ith sustainabe gro#th.

Hari -% Stee Industries too ha&e such futuristic !ans forgro#th, e!ansion and di&ersification. The fir% has decided to e!and

the !roduction by i%!anting ne# and %ore %achinery. It has aso

decided to di&ersify its !roducts by !roducing ne# ty!es of %eta anges,

bots, G%% and ?%% T'T BA)S, %eta rounds and %any %ore %eta

!roducts. It aso has decided to i%!ant %achines and !rocess for

%anufacture ISI T'T BA)S.

For the abo&e future !ans and %a$e the% effecti&e in rea,

the fir% has a!!ied for %ore cast credit faciities in the ban$ for %ore

#or$ing ca!ita and ready cash fo#. For !urchasing ca!ita goods i$e

ne# %achines, the fir% has aso a!!ied for ne# oans fro% financia

institution and aso has a!!ied for credit in !urchasing those e!ensi&e

%achines.


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CONCLUSION


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CONCLUSION

I hereby concude that %y &isit in D'2s Hari -% Stee

Industries reay !ro&ed beneficia to %e. I reay got a great e!osure in

!roduction and %ar$eting !ers!ecti&es. I coud abe to earn the rea

business scenario and #or$ing in the %ar$et. It is &ery i%!ortant to earn

business in rea ife and to gain !ractica e!erience, #hich %ay !ro&e

&ery he!fu in our theoretica studies.

I a% too %uch interest in entre!reneurshi!. To be rea

entre!reneur and to gain entre!reneur s$is, I reay got a great

o!!ortunity to gain and earn the s$is and e!erience fro% Hari -%

Stee Industries.

I #as not abe to a!!y the $no#edge of business in rea ife

situation. But no# after %y !ractica studies in Hari -% Stee Industries,

I coud no# reate %y $no#edge #ith rea ife a!!icabiity in business

!ers!ecti&e.

If I get chance and %ore e!osure in business #ord, I #oud i$e

to &isit %ore and %ore fir%s, industries, co%!anies and organi=ation to

gain #hene&er I can get fro% the%. The road to success in business can

ony be ead by $no#edge, !ractica s$is and e!erience aong #ith

e!osure.


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SUGGESTION.


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SUGGESTION

Actuay I a% "ust a student and to #rite so%ething as a !art of

suggestion for such fir% or organi=ation is %ore than abiity and out of %y sco!e. But the BBA facuty has in&o&ed !ractica study in BBA

course. So student has to #or$ as their re!orts.

I #oud rather suggest DHari -% Stee Industries to gi&e %e any

suggestion to i%!ro&e %y #ay of deaing #ith business as!ects and ho#

to de&eo! %y entre!reneur s$is and abiities. Suggest %e the different

#ays fro% #hich I can abe to earn %ore and %ore and ho# to gain %ore

!ractica $no#edge.

Instead of suggestion, I #oud !refer to #rite e!erience re!ort

#hich I ha&e gain fro% DHari -% Stee Industries.

Yet s%a suggestion for the fir% can be that the fir% shoud in&ite

%ore and %ore such students fro% different uni&ersities and set u! a

earning ca%! in their fir% and uni&ersity facuties shoud aso he! such

fir% in that !rocess. In this #ay student can abe to earn the !racticaity

as!ect of business #ord and e&en the fir% or organi=ation can get ne#and inno&ati&e ideas fro% students.


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6I6LIOGRAPHY


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6I6LOGRAPHY

;A'E A:TH-)

1. B:SI;ESS -)+A;IQATI-; '+T. '..SH:7LA4. P)I;IPAL P)ATIE -F '+T. B.S. SHAH

hari om steel industries

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