milan bhalodia

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Milan. Bhalodiya Kamani Plastics Industries

ACKNOWLEDGEMENT

A man who is a social animal can not be

successful without the co-operation of family members of

society.

During the training and preparation of this

report, I have been fortunate to earn guidance and help

from our college faculties owner of the industrial unit and

senior student.

My visit to kamani plastics industries was

really very exciting and interesting for which I like to

thank my co-coordinator Miss.Madhuri Trivedi who

inspiring me and responsible for satisfying urge and

enthusiasm to understand and go deep to learn as much

as possible for business administration.

I am also thankful to

Mr.Manshukhbhai.M.Kamani for permitting me to under

go training in his unit also sparing his precious time to

provide information whenever I requested for.

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INDEX

3

NO PARTICULAR

1 GENERAL INFORMATION2 MARKETING DEPARTMENT

3 HUMAN REOSURCE

4 FINANCE DEPARTMENT

5 CONCLUSION


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INDEX

5

Sr no PARTICULAR

1 HISTORY AND DEVELOPMENT2 SOME IMPORTANT

INFORMATION OF COMPANY

3 SIZE OF UNIT AND FORM OFORGANIZATION

4 ORGANIZATION CHART

5 EMPLOYEE SERVICES

6 MANUFACTURING PROCESS

7 PRODUCT


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HISTORY AND DEVELOPMENT

Way back in 1976, two brothers

Mr.M.M.Kamani and Mr.R.V.Kamani in Bhavanagar

ventured to go for manufacturing ropes in small scale. At

this point of time awareness about the use of thermo

plastic polyment has been scanty in Bhavnagar region. A

partnership concern kamani plastics industries thus

come being.

Kamani plastics industries produces

plastics ropes, niwar, and twine. It deals mainly with

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Indian and foreign companies. The ropes are well known

for their high qualities and strength and niwar for there

design and patterns.

Initially this company started with

handmade products. The first ever capacity was 1 ton

only today they are daily dealing reach to 6 ton

Later partnership was dissolved in 2005

and reign of industry was taken by

Mr.Manshukhbhai.M.Kamani and his son.

SOME IMPORTANT INFORMATION OF COMPANY

Company Name: KAMANI Plastics Industries

Company address: Kumbharwada circle,Bhavnagar.

Phone no.: 91-278-2438386,2438260

Fax no. 91-278-2438587

Year ofestablishment:

15th march 1976

Main product: Ropes,niwar,twine

Auditors: Ashvin parekh Accounting period: April to march

Brand name: Koral,hiramoti,kohinoor,anker

Name of partner: Mr.Manshukhbhai.M.Kamani ,Mr.Ramil,Kamani

Area : 1300 square ft.

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Size: Small scale sector

Website www.kamaniplastic.com

E-mail [email protected]

SIZE OF THE UNIT AND FORM OF ORGANIZATION

Size of unit:-According to the companys Act of 1956,a

company is classified into three scales of unit according to

the size of the unit. The there scales of the unit are stated

as follows.

1. Small scale sector up to 60 lacks

2. Medium scale sector- from 60 lacks to 100 lacks.

3. Large scale sector-more than 100 lacks.

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Kamani plastics industries invest is less

than 75 lacks on the plant and other assets. According to

companys act of 1956 it is classified under a Medium

scale unit.

FORM OF ORGANIZATION

The unit under study is a partnership

concern. Partnership concern. Partnership firm has been

defined by.Dr.John shubin is

An association of two or more person who

have agreed to undertake the complete responsibilities of

the business activities by written or oral form

According to ludian partnership alt

1932partnership is the relation between persons who

have agreed to share profit or less while running

enterprise by all or any of them for all

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here the employees are also offered twice

tea daily by the company .but there is no canteen

provided.

MANUFACTURING PROCESS

Chart

RAW MATERIALS +COLORS

YARN(TWIST)

ROPE YARN(TWIST)

STRAND(TWIST)

FINAL ROPEProcess:-

First of all row material called poly

propylene granules are put inside the color mixer, in

which different kind of colors like red, yellow, blue, green

etc. are mixed then with help of extrusion process yarn is

made.

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Then that yarn is winding at bobbin winder

or cheese winder, after completion of that process, the

processed yarn is given first twist. This process called

rope yarn.

After making the several yarns it is carried

to the stand called strander, crill and the second twist is

given, this process is called strand. The strand is given

third twist and finished ropes are produce.

Then with the help of coil winding machine

the finished rope winding the up then it goes for packing

and ready to dispatch.

Polyethylene (high density) or poly

propylene granules are the main raw material, which is

available from Reliance, IPCL, HALDIA and GAIL import

material is also used.

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PRODUCTS

The company produces four types of

products.

*P.P ROPES:-

-Its full form is poly propylene ropes.

-It is manufactured with the help of gas.

-It is cheaper than H.D.P.E. ropes.

-It is easily available in the market.

-It is lighter than H.D.P.E. ropes.

*H.D.P.E. ROPES:-

-Its full form is high density poly ethylene

ropes.

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-It is manufactured with the help of poly

ethylene.

-It is costlier than P.P. ropes

-It is not available in the market.

-Here, Cost of production is high.

-It is heavier than P.P. Ropes.

NIWAR:-

- It is manufactured with the help of Poly

ethylene yarn.

- It is produced in the weaving machine.

- It is used in different ways.

FISHING TWINE:-

- It is also manufactured with the help of

poly ethylene.

- Its cost is more than the P.P. Ropes and

H.D.P.E. ropes.

- It is mainly used in the production of

fishing net.

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SPECIFICATION OF THE

PRODUCTS:-

Plastic ropes comes in different sizes.

H.D.P.E. ropes size varies between 2 mm. to 12 mm. It is

comes in main five colors red, blue, green, yellow,

orange. This colors are more demanded by the customers.

P.P. Ropes size varies between the 4

mm. to 40 mm. It is produced in only in yellow color.

Fishing twine is available in 0.50 mm. to

2 mm.

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Niwar is available in the different designs

and patterns.

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INDEX

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19

Sr no PARTICULAR

1 Introduction

2 Organization of marketingdepartment

3 Market research

4 Product planning

5 Market segmentation

6 Pricing policy

7 Channels of distribution8 Advertising


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INTRODUCTION

In modern days, marketing has becomethe most important for all the organization. Marketing is

the activity which starts before production commences

and ends with consumers satisfaction.

Marketing is a social and managerial

process by which individuals and groups obtain what theyneed want through creating offering and exchanging

products of value with others.

kamani plastics industries they have a

separate industries they have a separate marketing

department which controls all the marketing activity ofthe firm. In this firm this unit plays an important role with

the help of marketing this firm is spread in all over India

as well as foreign countries and GUIF countries.

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ORGANIZATION OF MARKETING DEPARTMENT

Marketing manger

Assistant manager

Salesman Salesman(Export) (Local)

Area sales men(East, west, north, south)

kamani plastics industries have well

organized marketing department. This department is

managed by specialist in marketing under the lead of

managing director. as per the above chart marketing

manager is on top .but the authority to him is followed

from the manger to assistant manager to sales men to

area sales men. So the chart is easy to understanding.

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MARKET RESEARCH

Market research is never ending a

process at it is provides energy to keep the business

houses running profitability.

American marketing research defined that

marketing research is the systematic, gathering,

recording and analysis of data about problems relating to

the marketing of goods and services.

The market research comprises of

determining actual and potential demand, behavior of

customers and dealers at the market market place

determining market shares of the business organization

in reference.

In kamani plastic industries has separate

department for finding ideas and qualities regarding

product. Mostly marketing research takes place through

sales representative.

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PRODUCT PLANNING

Invaluable information generated through

market research occupies central place in planning aproduct or service to be marketed by an individual or

business organization it is this information which enables

the organization as to what type of products or services

needed to be produced and for whom they meant.

The kamani plastics ind.have planned thefollowing step for product planning

Idea generation techniques

Idea screening

Marketing strategy development

Product development

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MARKET-SEGMENTATION

Market segmentation means taking the

total heterogeneous market for a product and dividing it

several sub markets and segments each of which tends ot

the homogenous in all significant aspects

According to Philip and kotler

Market segmentation is the sub dividing

of market into homogeneous sub sects of customers

where are sub sects may conceivably be selected as

market target to be reached with a distinct marketing

mix

Kamani plastics ind. have good market in

India and aboard too. Countries like GULF countries

,UAE ,SAUDI ARABIA ,south Africa , Norway, U.S.A.

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PRINCING POLICY

The chief determination for fixing a price of

a product service are cost of production or services buyers

behavior, specification differentiation ,government

regulatory policies and above all objectives of an

enterprise .

Of this, the cost of production takes into

account cost of raw material at site, salary, wages paid,

electrical consumption and overhead such as

administrative changes . It also takes into account

interest on capital.

In kamani plastic industries the prices of

the products are decided on

Raw material + Cost of production + processing

cost.

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In this firm the prices of one product is not equal to

other products of industries.

The pricing policy for export is

Raw material + cost of production

+Processing cost + Freight + Duty draw back

Price of this firm is fixed according to the dollar rate .

CHANNELS OF DISTRIBUTION

According to Philip kolter

A set of independent

organization involved in the process of making a product

or a service available for use or consumption

According to American marketing association

The structure of intra

company organization units and extra company agents

and dealers, wholesale and retail through which a

commodity, product or service is marketed

As concerned to Kamani plastics industries

the products of this firm is consumer and industrial

product so it becomes necessary to reach this product to

all the places there fore kamani plastic industries uses

mostly two channels for purpose of distribution.

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Direct channels

Indirect channels

DIRECT CHANNELS

In direct channels of distribution the

company or the producer sells the product directly to

the customers with out any intermediaries.

This firm own its vehicles and directly sells

its goods to the consumers in domestic areas the firm

sells by roadways or railways.

INDIRECT CHANNELS

In indirect channels of distribution the

company or the producer sells its goods or products

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indirectly through agent wholesaler retailers dealers etc

to the final customer so here is a chain from the producer

to the customers.

In this firm the export takes place mostly

through ships and this firm have the best distributorship

all around the country.

ADVERTISING

Advertising is a chief media by whichorganization can make aware its prospective customers

about their products or services there is hardly any fields

where advertising is absent.

Advertising is the most important of all

treads of promotion. There will be hardly a field ofbusiness in which advertising that modern trade and

industries have been able to achieve such a remarkable

progress. In the absence of advertising sales or large

production would not have materialized.

American marketing association definesadvertising as follows.

Advertising means any paid from on non-

personal presentation and promotion of ideas, goods

services by and identified sponsor

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In Kamani plastics ind. They are not using

newspaper media advertising they only use broachers and

leaflets.

In hi-tech generation they are having their

web site on internet.www.kamaniplastic.com

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INDEX

SR.NO PARTICULAR

1. INTRODUCTION

2. ORGANIZATION

OFPERSONNEL DEPARTMENT

3. TIME-KEEPING

4. RECRUITMENT SELCTION AND

INDUSTION

5. PROMOTION AND TRANSFER

POLICY

6. WAGE AND SALARY

ADMINSTRATION7. TRADE UNION

8. PERSONNEL REORDS

9. INDUSTRIAL RELATION

10. TRAINING DEVELOPMENT

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INTRODUCTION

In all business concerns there is one

element which is common i.e. human resource people are

the single most important asset of a business enterprise

definition of human resource management

Human resource department is concerned

with managing the problems of personnel like ,

recruitment, selection, training, salary, and wages

administrative etc.

This department is based on this

sentence :

MIND YOUR MEN AND MEN WILL MIND ALL OTHER

THINGS.

According to Flippo,

Human resource

management is the planning organizing directing and

controlling of the procurement development,

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compensation integration maintenance resources to the

end that individual organizational and social objective are

accomplished

ORGANIZATION OF PERSONNEL

Department

Managing directors (owners)

Personnel manger

Clerks worker,

Typist peon,Computer security

Operator guard

An organization is a structure by which aco-operative group of human beings allocates its tast it is

an arrangement of relationship,power,objective,roles and

activities.

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From the above chart it can be understood

that the owners enjoy top authority then after authority

roles from M.D to head of subordinates come.

TIME-KEEPING

Time keeping implies working of unit on

time and tis is one of the important function of the

management business organization for regulating the

incoming and out going of the employees resorts to

normally tow systems they are

i. Signature system

ii. Punch card system

Signature system means staff members

prove their presence by signing in a signature register

while another card system is use mostly for labour.

In this firm the signature system exist for

his staff members and card system exist for his workers

which are unskilled. The firm running only in one shift the

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time for this shift working for 12 hrs including launch

time.

RECRUITMENT ,SELECTION AND INDUCTION.

Recruitment:-

Recruitment is the generation of

application ofr applicants for specific positions to be

filled up In the organization in other words it is a

process of searching for and obtaining applicants for

jobs so that the right poele in right number can be

selected.

According to bergmeann and taylor

Recruitment is the

process of locating identifying and attracting capable

application

Selection:

Selection is hiring the best candidate from

the pool of applications. it refers to the process

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of offering jobs to one or more applicants form

the application received through recruitment.

According to Stone Selection is the

process of differentiating between applicants in

order to identify (and hire)those with a greater

likelihood of success in a job

Induction

When a new candidates is selected from

the external sources, he does not know the other

employees and other employees do not know the new

comer so the induction procedure is to be taken into

account by the firm is nothing but welcome process.

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Kamani plastic industries given warm

welcome to the new comers and explain very frankly

his duties and responsibilities.

PROMOTION AND TRANSFER POLICY

Promotion

Promotion means advancement or

qualifying higher position within the organization

through which can adjustment in the size of work force

of an enterprise an be made to cope up with the

chining situation. A promotion involves a change form

one job to another that is better in terms of status and

authority.

Kamani plastic consider the following

matter in promotion policy

1. it consider seniority to employees

2. sometimes it also taken into account

of hardworking to employees.

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3. it also thinks about qualification of

employees

TRANSFER POLICY

Transfer policy is a change of lace of section in

which the pay status dues remain same transfer generally

does not involve a promotion

Mostly transfer does not occur in kamani

plastics industries if need kamani plastics ind. Takes

following policy into account.

1. for initiating and implementing

transfer it located the authority to

the same office

2. it indicated the area of transfer

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3. it gives the information of the

transfer to all concerned.

WAGES AND SALARY ADMINISTRATION

Wages or salary is administration refers to

establishment or implementation of sound practice of

employee. compensatin.wages are compensation given to

workers for their services provided. generally wages are

given on daily or weekly while salary on monthly basis.

Wage and salary administration should be

cntrlled by some proer agency

In kamani plastic this responsibility is

entrusted directly to the company administration kamani

plastic pay Rs.1600 to 1900 to unskilled workers and Rs

2200 to Rs.6600 to semiskilled workers and lastly skilled

workers get Rs.6600 to 7500.

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Where the dearness allowances is also

given to the workers.

TRADE UNION

According to section 2(h)of the trade union

act 1928,a trade union means, Any combination whether

temporary or permanent formed primarily for the purpose

of

A. Regulating the relations

i. between workmen and workman

ii. between workmen and employees

iii. between employers and employers.

B. for imposing restrictive conditions on the conduct of

any trade or business and includes any federation of

two or more trade unions.

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The union works for the satisfaction of

their members such unions put the problems of worker

before the management and put the pressure on

management for the solution of these problems.

In kamani plastics there is no trade union.

employee have no complains against management and

management have no problem towards workers and so

we can say that there is a good relation between both

PERSONNEL RECORDS

Personnel records preserved in files and

document provide a detail information about the

employees it proves very important at the time of

promotion devotion, transfer and termination.

In kamani plastics ind personnel

department maintains a wide range of record consisting

of detailed information about the employee services this

firm has special computer system for keep all the data

about the employees.

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INDUSTRIAL RELATION

Industrial relation are an internal aspect

of social relation arising out of employee or employer

interaction in modem industries the objective of industrial

relation is to safeguard the right and interaction of both

labour and management by enlisting the co-operation of

both

In kamani plastic ind. The relation between

owners and workers is melodious in this firm the workers

never take the help of strike to solve their problems thus

in this firm the situation of industrial relation is good.

According to Dale yoler:

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Industrial relation is a designation of a

field of relation ship that exists because of the necessary

collaboration of men and women in the employment.

TRAINING DEVELOPMENT

Training is a process of teaching the new

and present employee the basic skills they need to

effectively perform their jobs. Alternative speakring

training is the act of increasing the knowledge and skill of

an employees for doing his/her job.

Definition

According to michel.j.jucious training

is any process by which the attitudes, skills and abilities of

employees to perform specific jobs are improved.

Important of training in kamani plastics ind.

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o When you want to meet challenges created by global

competition

o When you need that both the industrial and

organization should grow at a rapid pace.

o To enable employee to move from one job to another.

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INDEX

SR.NO.PARP PARTICULAR

1. INTRODUCTION

2. ORGANIZATION OF FINACE

3. FINANCIAL PLANNING

4. CAPITAL STRUCTURE

5. CAPITALIZATION

6. CAPITAL BUDGETING

7. MANAGEMENT OF FIXED

ASSETS

8. MANAGEMENT OF

WORKING CAPITAL

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INTRODUCTION

Financial management is an integral or

essential part of overall mangement.it is not an

independent are a but depends on fields of study such as

economists, accounts marketing, production or quantities

methods.

Finance management is that managerial

activity which is concerned with judicious planning and

controlling the firms finance resources. The decisions

which are important in finical management are

finical planning decision identification of resources.

Investment decision order of the fianc required

Dividend decision Liquidity decision

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As like other organization in this firm there is also a

separate existence of the finance management the

need official matters.

ORGANIZATION OF FINANCE

Chart

M.D

(OWNER)

FINANCE MANGER

ACCOUNTANT

Explanation

Interpreting the above char we can say

that managing director enjoy top authority. the authority

than flows to finance manager to accountant thus in this

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firm authority flows from top to bottom level while

responsibility goes from bottom level to the top level

FINANCIAL PLANNING

Planning is a never ending process and

such area of activity should be effectively link to

accomplish objective of an organization. financial planning

implies decision in advance as to much funds are needed

and how they to be managed.

Financial planning should estimate the

resources reavited to carry out operations and determine

how for these resources can be generated internally by

the firm it self and how for they will have to be obtained

externally.

In kamani plastics ind. They are usually

two type of financial planning used they are

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Short term planning

(one month to one year)

medium term planning

(one year to five year)

This firm also maintain f. p as per trend of

the sales and availability of bank overdraft facility.

CAPITAL STRUCTURE

Capital structure of a company is a very

important problem is a very important problem how to

raise the require capital is the problem of capital

structure the structure of various sources of capital is

called capital structure

Capital structure refers to proportion of

debt an equity capital .generally promoters formulate

capital structure is the permanent finance of the firm.

In kamani plastics ind. The entire

investment is from own resources.

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CAPITALIZATION

In broad sense capitalization is synonyms

with a financial planning.

According to lilin doris capitalization

means the total accounting value of the capital stock,

surplus in whatever from it may appear and funded long

term debts.

In the words of guthamn and dougall

capitalization is the sum of the per value of stock and

bonds outstanding

There are three type of capitalization

Over capitalization:-value of stock etc exceeds

through value of fixed assets.

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Under capitalization:-value of fixed assets is more

than its book value

Fair capitalization :-balanced finance

In kamani plastic ind. Has been able to active fair

capitalization

CAPITAL BUDGETING

Efficient allocation of capital is one of the important

functions of financial management, generally

business expenses are of two types.

o Revenue expenses: routine expenses

which are include to no business activity.o Capital expenses: capital required to

purchase fixed assets like, land building

machinery etc.

Both these expenses is know as capital

budgeting

capital budgeting process involves planning

the availability and controlling the allocation

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and expenditure of long term investment

fund

in this firm at present most of the important

and heavy investment decision have been taken is past.

MANAGEMENT OF FIXED ASSETS

There is two type of assets in a business

enterprise they are fixed assets and current assets both

assets need to be managed efficiently.

Fixed assets of the company are the permanent

capital of company it helps in production process and is

used for a long period. It may be noted that fixed asset

can not be withdrawn from the business without

disturbing the normal activity of an undertaking

In kamain plastics ind has managed the fixed

assets nicely.

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WORKING CAPITAL MANAGEMENT

The term working capital refers to that part of

capital which is not tied up in fixed assets but is used to

meet the day to day requirements of business. It is

invested in current assets like cash stock bills receivable

debtors etc.

There are mainly two concepts of working

capital

I. Gross working capital

Total investment of working capital in

current assets

II. Net working capital

There are tow types of net working capital

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Positive net working capital current assets

exceed, current liability.

Negative net working capital current liability

exceed, current assets.

Kamani plastics has unmarked working capital

of the order of Rs. 10 lacks from its own

resources .

CONCLUSION

Visiting kamani plastics industries was a very

interesting and enjoyable experience I had never

visited any plastic industry before so, it was really

such kind of new experience.

It is quite well maintain and modern industry

where different types of automatic machines are

being istaled.

My interaction with the partners of kamani

plastic ind convinced them about systemization of

business concept vaguely followed. They were

happy to inform me that once they plan a large

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unit. I thank them for the treatment they

accorded to me and wish a very bright future.

I feel proud to take my practical training in

kamani plastic industries.

Milan C. Bhalodiya

BIBLIOGRAPHY

For the study of the term clearly and carefully

awareness of them in three management , the

following books become very much helpful for the

preparation of this project very well:

Personnel management by Khanka

Marketing management by M.M. Verna and R.K.

Agarwal.

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Financial management by Prof. Naresh Jain.

milan bhalodia

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