A BRIEF STUDY ON OVERALL PERFORMANCE OF INSTRUMENTATION LIMITED

PLACEMENT TRAINING REPORT

SUBMITTED TO CALICUT UNIVERSITY IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE OF BACHELOR OF BUSINESS

ADMINISTRATION

SUBMITTED BY

MURUKADAS.G

REG NO: VVAHBBAR05

UNDER THE GUIDANCE OF

MISS.MIITHULA

LECTURER, DEPARTMENT OF COMMERCE

V.V. COLLEGE OF SCIENCE AND TECHNOLOGY (AFFLIATED TO CALICUT UNIVERSITY) CHULLIMADA, PALAKKAD 2010-2011

V.V. COLLEGE OF SCIENCE AND TECHNOLOGY (AFFLIATED TO CALICUT UNIVERSITY) CHULLIMADA, PALAKKAD 2010-2011

CERTIFICATE

This is to certify that the placement training report entitled “A brief study on overall performance of instrumentation limited”, submitted to Calicut university in partial fulfillment of the requirement for the award of the degree bachelor of business administration is a bonafied record of the work done by MURUKADAS VVAHBBAR05 during the period of his\her study 2009-2010 in the department of commerce, v.v.college of science & technology, chullimada, palakkad

DATE :

SIGNATURE OF GUIDE :

SIGNATURE OF H.O.D :

SIGNATURE OF PRINCIPLE :

SIGNATURE OF EXTERNAL :

DECLARATION

I MURUKADAS hereby declare that the placement training report, entitled “A brief study on overall performance of instrumentation limited”, submitted to Calicut university, in partial fulfillment of requirement for the award of the degree of bachelor of business administration, is a record of original work done by me during the academic year 2009-2010 under the supervision & guidance of MISS.MITHULA, department of commerce, v.v college of science & technology, chulimada, palakkad

DATE : Signature :

REG NO :

Name :

ACKNOWLEDGEMENT

I am deeply indebted to my guide MISS.MITHULA department of commerce, v.v college, kanjikode whose constant guidance, encouragement & resourceful help with personal touch where immensely instrumental in making the report a reality.

I express my gratitude to MRS.SHYAMALA head of the department (HOD) for the interest & constant motivation she has been showering on me throughout the venture.

I am sincerely thankful to K.Suresh Babu, Principle, V.V College of science & technology for providing the necessary support in carrying out the report. I further express my deep sense of gratitude to Mr. Radha Mohan, personnel Manager & staff members instrumentation limited, palakkad for his co-operation in providing various information.

I reciprocate the kindness shown by the parent & my beloved friend who have supported whole heartedly in completing this work.

CONTENTS

SL.NO LIST OF TABLES PAGE NO

1

2

3

4

5

Production\manufacturing tie up

Marketing tie up

Man power data

Number of employees in IL PKD

Factory working hours-shift basis

SL NO LIST OF CHARTS & GRAPHS PAG NO

1

2

3

4

5

6

7

8

9

Organizational chart

Personnel & administration dept chart

Production dept chart

Production planning & control dept chart

Finance & accounts dept chart

Purchase dept chart

Stores dept chart

Marketing dept chart

Commercial dept chart

10

11

12

13

Ancillary dept chart

Plant & maintenance dept chart

Quality control dept chart

Information technology dept chart

1. INTRODUCTION Introduction

Objectives of the study Research methodology Scope of the study Period of the study Limitations of the study

2. PROFILE Industry profile Company profile Product profile

3. DEPARTMENTAL ANALYSIS Personal & administration dept Production dept chart Production planning & control dept Finance & accouts dept chart Purchase dept chart Stores dept chart Marketing dept chart Commercial dept chart Ancillary dept chart Plant & maintenance dept chart Quality control dept chart Research & development dept chart Information technology dept chart Design & engineering dept chart4. Swot analysis5. Findings6. Suggestions7. Conclusion8. Appendix9. bibliography

CHAPTER ONE

INTRODUCTION

OBJECTIVES OF THE STUDY

1. To get an idea about the organization2. To familiarize with the different management activities3. To get an idea about the authority structure & effectiveness of various

department4. To analysis the strength, weakness, opportunities and threat of the company5. To study the overall performance of instrumentation limited6. To develop and understanding on the management practice followed in

various areas.

RESEARCH METHODOLOGY

Research methodology is the science of the studying how research is done scientifically which include the following aspects.

1. Data collection methods

Primary datas where collected directly from the executive heads of each department and employees through interviews, discussions and observations.

Secondary data was compiled from the annual reports, company registers and from company website

2. Tools for analysis and interpretation

Swot analysis is the major tool used in the placement training report.

SCOPE OF THE STUDY

An organization is a deliberate planned institute of people with goals, which can be achieved of people with the goal which can be achieved through achievement of target and goals, by the involvement of all individual members. It is also the process of the dividing and combining activities of an enterprise. So that it achieves the organizational objectives.

Managers plays an important role in the organization like decision making allocation of the resources, direction of the activities etc.. Thus it is necessary for a management student to understand and study an organization through a training program in a real industrial setup.

PERIOD OF THE STUDY

LIMITATIONS OF THE STUDY

1. 15 days period is not enough to have an overall of the company.

2. The managers time available for the limited and was frequently interrupted due to official commitments.

3. The worker where very busy in their work and has a little time available for the interview or conversation.

CHAPTER TWO

PROFILE

INDUSTRIAL PROFILE

Instrumentation industry is the industry which controls all the operations of the various plants like chemicals, nuclear plants etc. India’s lagging behind in scientific instrumentation production primarily because of the lack of inter disciplinary work and culture as well as poor interaction between industry, academia and research and development (R&D) institute. The R&D achievement of the India in space, defence and atomic energy has not acted as a catalyst in the growth of Indian instrumentation industry. Even through there is a Rs. 5300 crore scientific instrumentation production industry in India, it meets hardly 15 percent of the demand for the almost 90 percent of the entire scientific device with high end application. India continues to depend on the imports. There is a definite lack of the desire for the innovation and the global vision for the Indian industry, for high technology constitute only 6% of the export. Apart from the poor interface

between the industry, academic and the researchers. One major factors which has led to the country lag in instrumentation is the lack of modern electronics industry. Another important built poorly recognized problem is the lack of the validation in the technology transfer. A proto type which works in the laboratory should be able to replicate its performance else where also the R&D group and the industry often ends up blaming each other when this does not happen. The prospects for the growth of the instrumentation industry will be bright in India if only a “mission mode” approach is adopted.

The major competitors of the company are fisher control, Tyco valve, KSB, MIL control, keystone controls, KOSO, presser France etc.

SOCIAL, PLOITICAL, LEGAL & STATUTORY ENVIRONEMENT

The current political issue regard instrumentation limited palakkad is the disinvestment policy. The kerala high court has ordered that further proceedings in the disinvestment of the palakkad based instruments control valve limited (ICVI) would be subject to further orders on a write petition challenging the disinvestment of 51% of central government & turban limited.

Mr. justice k. Balakrishnan Nair passed the order on the petition filled by instrumentation employee’s forum, palakkad unit. According to the petitioner, ICVL was a profit making company and a market leader till 1988-89. The company had been referred to the BIFR in 1944. A scheme was formulated by BIFR which had been reviewing it periodically. The petitioner said that the company had been making the profits since the formulation of the scheme by the BIFR. However it was decided at the inter ministerial group held on jan 2001 to disinvestment the

subsidiary and invite expression of interest (EOI).

As many as five companies had submitted their EOI for ICVL and there was no response for their subsidiaries. The core group of secretaries at a meeting held on April 16, 2003had accepted the bid of L&T for acquisition of 51% of the government’s stake subject to approval of BIFR.

In spite of the fact that ICVL was a profit making unit, instrumentation limited submitted a modified rehabilitation proposal engaging formulation of only one joint venture for the control valve unit at palakkad and sale of instrumentation limited’s subsidiary, Rajasthan Electronic instrumentation limited at jaipur and integration the rest of the business under instrumentation limited. It was also agreed that the operating agency would seeks suitable direction separately from the BIFR for disinvestment of palakkad unit.

The petitioner contented that the proceedings of the BIFR could not be regarded as a revival proposal of the company other than efforts to hand over assets to L&T for a amount.

The government now proposed to disinvestment the hare for a total consideration of Rs. 16.20 crore. When the petitioner came up Mr. George Poonthottam, counsel for the petitioner submitted that a perusal of the record and proposals of the government officials would demonstrate a comprise of the interest of the state. The BIFR had also acted contrary to the interest of the kerala government.

COMPANY PROFILE

HISTORY

Self reliance in control and instrumentation and the growing need for an indigenous source of supply of C&I systems for core industries like power, gas, steel, oil, refineries, petro chemicals & chemical. It was to achieve this prime objective that instrumentation limited was established at kota, Rajasthan in 1964. This unit manufacturers a wide range of electronic & pheumatic instruments in collaboration with world renowned leader like Toshiba japan, H&B Germany, Fuji electronic Japa, kysan Br Japan.

The second unit was established exactly a decade later (1974) at palakkad dedicated to the manufacture of control valve, butterfly valve, pressure reducing

valve and allied equipment required for the C&I packaging being the supplied by IL on turnkey basis.

IL PKD, started its operation in technical collaboration with an internal reputed firm Yama takes-honey well company LTD Japan for the manufacturing of control valve later safety valves are manufactured in collaboration with M\SETSL Bernad France. The unit in palakkad concentrates mainly on pneumatically operates control valves.

The third unit was setup in early 1990s for the manufacturing of ups of Fuji Japan & telephone exchange of C-dot at Jaipur.

ABOUT INSTUMENTATION LIMITED PKD

The second unit of instrumentation LTD was setup of at palakkad in 1974 in technical collaboration with an internationally reputed firm M/S Yamatake-Honey well co Limited, Japan for the manufacturing of industrial process. Control valve, safety relief valves, pressure reducing valves & other allied items later pneumatic control drives in collaboration with M/S brown Boverikent UK, safety relief valves in collaboration with the m/s nuavo-pig none, Italy and electric actuators in collaboration with MISETS L Bernard France also have been added.

Starting with a turnover of about Rs. 2 crore in 1976-77, the unit has achieved steady growth & the financial year 1988-89, it could achieve a turnover of Rs. 18.2 crores & in the financial year 1998-99, it could achieve a turnover of Rs. 43.65 crore it is worth mentioning here that this growth has been achieved in spite of stiff competition from the competitors that have entered the fields in the recent past.

The quality starts right form the selection of the valve for the particular application. Our trained application engineering’s helps the customers to select suitable valve

particular application recognizing that the quality & reliability expected from the control valve used in the thermal power stations & other industries are very high, IL PKD has gone for the latest Japanese manufacturing technology & the valves are designed % supplied conforming to international pressure vessel codes.

One of the notable features of the unit is the stress given to the R & D efforts right from the inception stage. The R&D teams of the unit have developed as number of products, some of them winning innovations awards. In order to update the technology of the design work a computer aided design has been established.

Another aspect that has been incorporated is the flexibility and the open mildness in the attitude which has helped us to enter areas which do not full in the preview of the instrumentation schemes various types of butterfly valves, gas trip valves and emergency shut off valves, for steels plants, other process plants and mini hyenas developed through in house R & D.

IL LTD PKD has taken up development and manufacturing of the critical components for the special projects for the ministry of the defense as a part of their diversification plan really the need to make the nation self reliant in the products with which are connected a valve repairs division has been set up to repair control valves of any makes imported from the country thus reduces the shut down time of the process plants to minimum as a part of saving valuable foreign for the nation.

Currently the unit is working on the diversification plans to meet the needs of the offshore drilling as well as tank level gauging systems. Perhaps the palakkad unit is the only factories exist for the all round testing & manufacturing of the control valve, safety valve and allied items. The laboratory include noise measurement, radiography, clean room etc. a numerically controlled manufacturing guarantees performance of the critical items.

Another redeemly features in the unit is the excellent labour management relationship. Adequate care is given for the welfare of the employees. The company has a township with the amenities like community hall, dispensary, nursery school etc realizing the needs for the interaction with the educational institutions instrumentation limited has been taking active part in curriculum

development particularly in the local engineering college. The unit is also taking keen interest actions from the time to time the most recent being the assistance given by the unit in the setting up of a cancer defection center at palakkad.

A team of highly qualified, well trained & dedicated employees makes the operations of the company profitable and the life of the employees meaningful & colorful. During pandit Jawaharlal Nehru’s centenary celebrations and silver jubilees year of the instrumentation limited, FCRI conceive & implemented by IL on behalf of ministry of the industry is being dedicated to the nation by the honorable president of the India Sri.R.Venketaraman, on 18th April 1989. This national R&D centers is an independent institution run by a governing council appointed by the ministry of industry, government of India subsequently in 1995, IL PKD has been certified with ISO 9001.

Today IL plays a vital support role for a very wide spectrum of industrial enterprises ranging from core sectors established such as steel, power, cement and oil refineries to large medium and even small scale industries it has in its short span of operation emerged as a company that is truly contemporary in a global context. In India IL has achieved self reliance in the field of instrumentation and has gone on to earn fair name as a leader in proving the turn key instrumentation not only to the core Indian industry, but also to the oversee markets. Not only this instrumentation limited conserves & earn precious foreign exchange, it has also played a dominant role in making India self relient in the turn key instrumentation skills.

1. Today IL PKD plays a vital role support role for the very wide spectrum of the industrial enterprises in India and abroad.

2. Further to being the market leader in India, have contributed significantly to the export market with suppliers to the erstwhile USSR, Rumania, Hungary, Saudi Arabia, Zambia, Singapore, Malaysia etc.

3. Since 1974, flow products division of IL PKD has been assimilating technology from around the world and dedicated application across wide ranging needs related to the fluid-flow & control.

4. IL PKD’s manufacturing program spans control valves, power cylinders,

pneumatic actuators, electric actuators, pressure reducing and super heating stations and allied accessories.

5. Capacity 10000 numbers lyear.6. The manufacturer facility is related as one of the best in South East Asia.7. Executive from Yamatake Corporation Japan visited instrumentation LTD

PKD. Premise with an aim of the procuring valves & components after a thorough audit of system & procedure they have declared that the quality levels maintained by us are accepted to them as a result, soon the products manufactured at IL PKD will reach the Japanese market.

8. IL palakkad had bagged major orders against the stiff global competition. IL PKD has entered into the rate contract agreements with the major customers to the supply valves as original equipments.

TECHNICAL EXPERTISE OR AFTER SALES SERVICE

1. Being in the field of control valves for the last 25 years, the company has got one of the best man power trained at their collaborates works in the field of resend, design, application engineering, manufacturing, testing, field claim techniques and these personnel in variably get together to the suggest optimum design features for the solving problems faced during the commissioning or normal operation of the plant.

2. The company also has a full fledged after sales services department which is adequately stocked with the inventory of spare parts and in a position to the respond to all sorts of problems with the regards to the various types of the valves within the shortest possible time.

3. Besides this an extensive network of the branches and regional offices is available to dater to sales and timely after sales support.

CUSTOMERS EDUCATION PROGRAMME

1. Regular customers education programmers for the benefits of the both executives and supervising the levels are conducted at palakkad. In these programmers theoretical & practical knowledge is imported to the particulars in order to carryout the preventive maintenance as well as minor modification or renovations that might be required at a later stage.

2. Recently, Indian oil corporate limited has selected our training teams to import training to the customers OMAN.

FACILITIES IN INSTRUMENTATION LIMITED

IT CENTER

Complete business applications starting from customer’s enquiry order processing till after sales services are computerized on the latest state of the art technology power PC Rs. 6000 machine supplied by the IBM, whose back bone is the world renowned RDBMS, ORACLE 7.33 & D2K as front end.

MANUFACTURING FACILITIES

The facilities for the manufacturing & testing the valves control valves, butterfly valves, rotary valves, safety valves, pressure valves, bellows sealed valves etc. established at palakkad plant are on of the best in this part of the world. Instrumentation limited palakkad is the only company in India to have all in house facility to the manufacturing global type control valves ranging from ‘1/4’ to ‘30’ size & rating up to ans/2750 special class & butterfly valves.

A team of engineers & techniques trained for the past so many years are available to the best quality products. The plant is also equipped with the sophisticated CNC lathers, CNC drilling, Machining centers & vertical turret lathe with a swings of 4.3 meters, rollers burning machine, vertical turrets

lathes,& productivity is of very high order ensuring the quality and the reliability. A clean room facility is created for the manufacturing the bellows sealed valves. We have with us apical NC machines which not only ensures very high degree of the accuracy by also the repeat ability & higher productivity.

It is a facts that many leading valves manufactures in the world have started buying the casting from India. Instrumentation LTD PKD can claim for having the development many of the sources of the supply of casting for the control valve requirements. It enjoys a much better reports with the suppliers to bring out the best quality aspects to the castings. More so, because the proximity to the suppliers is well enjoyed the way of the frequent interaction with the foundries rights from the stage of pattern making through mould making and pouring hence, instrumentation LTD PKD is fully aware of the actual quality levels of the castings procurements by them which may not better case of the people who do not have the facility to keep a close watch of such critical casting.

R & D CENTRE

Research & development centre is headed by the YH trained manager with the 20 years of experience backed by strong technical teams of 45 members. R&D is equipped with the state of the sort CAD/CAM facilities. This centre’s work stations are supplied by the HEWLETT PACKARD loaded on which are the SDRC ideas software for design & FEM analysis. A photo of the valves undergoing FEM analysis is seen in the picture. This work station is connected to the PC with AutoCAD Re/14 on Windows NT network. This work station is directly connected to a CNC machine supplied by the LIGENSTAEDT Germany for computer aided manufacturing.

Bellow sealed valves developed through in house R&D were awarded the import substitution award by the government of India for the 1990-91.

TESTING

The quality assurance and inspection standard adopted by us conforms to the latest international standard & all the products moving out of palakkad plant become a stamp of the degree of the quality & reliability. Excellent test facilities are available where hydro static of large size valves can be conducted with the case may of these test facilities include presses, provides apart from the variety of fixtures, test flanges designed & manufactured over the years some of the special test conducted by us of facilities included dynamic response testing, helium leak testing, radiographic, inspection, ultra sonic & magnetic parkle testing, CV test etc.

FCRI

Adjacent to the instrumentation limited palakkad, fluid control research institution (FCRI) has been set up with the united nations development program (UNDP) funding to provide measure standards in fluid flow & related areas for the efficient operation of national &international trade flow measurement in all industries is a key constituent of the quality, safety & efficient & plays a critical role in custody transfer & fiscal metering of the fluids. There comes the important of authentic flow reference system. This R&D institutes was setup by the instrumentation limited palakkad & facilities are available to the instrumentation limited palakkad for carrying out the independent testing & calibration. This is one of the unique institutions in the whole one of the unique institution in the whole of the south East Asia.

Services rendered by the FCRI includes calibration of the flow meters, testing the control valves & other flow elements calibration testing of the instruments with the trace ability to the national standard for the ISO 9000 certificate, assessment of the flow measurement methods, training programmers for the

technical personnel research & development or prototype development or consultancy software for the flow meter or valves selection & design.

COMPANY OBJECTIVES

1. To carry on the India for any part of the world all kinds of the business relating to the control valves & in particular carry on the business of manufacturing, storing, converting, repairing, installing, maintaining & trading all kinds of the control valves.

2. Manufacturing of the all kinds of flow products related to the products of flow & control valves, butterfly valves, safety valves, flow valves, power cylinders, pneumatic actuators, tank level gauging systems & allied accessories.

3. Designing, engineering & manufacturing of the valves internal of the different materials of the construction ranging from the stainless steel 316, sterile hardened marns tic harder stainless steel, perception harder SS17-4HP to the special alloys such as hast alloys & models to the latest of the various nuclear applications computerized design & sizing of the valves & allied equipments.

4. Testing & controlling of all the type of the control valves & allied products for the simulation of the field, parameters special testing like dynamic response testing, helium leak testing, radiograph inspection, ultra & magnetic particles testing etc in tech test laboratory for the importing distinct advantages.

5. To manufacturing the stores, maintains, sell, buy, repair, alter, exchange let on hire export, import and deals in all kinds of the articles and things which may be required for the purpose of any business of the company or are commonly supplied or dealt in by person engage in any business & which may be capable of dealing the profitability or dealt with the business of the company.

TIE UPS

PRODUCTION OR MANUFACTURING TIE-UP

ITEMS COMPANY

Control valve

Safety valve

Bellows sealed valves

Electric actuators

m\s yamatake co, japan

m/s nuove-pignone, Italy

m/s segault, France

m/s L-Bernard, France

ITEMS COMPANY

1. Venture type desuper heater2. Ball valve3. High pressure bubble height

metal to metal sealed valves4. Rota Meter

5. Flow meters, truck or rail loading system

1. m,/s kittens BU, Holland2. m/s kitamura valve manufacturing

company limited, Japan3. m/s tomoe valve company limited,

Japan4. m/s Tokyo KESO compnayLTD

Japan5. m/s oval co, Japan

MARKETING TIE UPS

In House Development

1. power cylinders & control drivers2. Butterfly valves- maximum size so far supplied is 2600 mm.3. Pneumatic actuators for all size4. Orifice plates & flow elements - maximum size manufactured till the

date 1600 mm for the orifice plates & 450 mm for the flow nozzles

Major Clients

1. Bharat heavy electrical limited (BHEL)2. TATA consulting engineers3. National thermal power co (NTPC)4. Chemtex Engineering5. UHDE India6. State electricity board of some state7. Cochin Refineries LTD (CRL)8. ACC9. ESSAR, Gujarat10.Reliance industries limited11.HPCL12.FACT13.ICI14.Engineering India LTD (EIL)15.Toyo Engineering16.Steel authority of India LTD (SAIL)17.TATA Honeywell18.DVC19.Gas authority of India LTD (GAIL)20.IOCL21.GSFC22.Larsen & Turbo (L&T)23.Thermax ltd24.ABB25.IFFCO26.NFL

Exports

1. Malta2. Cyprus3. Malaysia4. Zambia5. Doha6. Russia

SERVICES

The company is providing the global services. At instrumentation limited they believes that the customers is the king & he deserves the best to live to this ideal they offers the following.

1. An extensive network of the branches & regional office to cater to its after sales services support including the trained man power.

2. A spare bank & customers services cell at palakkad to cater to the emergency needs

3. An on going training program for the executives technician of the end users

4. A special cell to take up the repairs or the modifications of the valves even of other makes.

5. The team has successfully assisted commission in many countries abroad. The company’s services team was recently honored by petroleum ministry OMAN. They have provided them our applications engineering & services department effective procedures and successful management techniques.

6. The company qualified service personal were honored by some of our major client like EIL, BHEL etc... They have the reputation of attending the complaints in the time and many appreciation letters were received for the excellent after sales even after warranty.

VISION AND MISSION

VISION

“Manufacture & supply quality products to suppliers”

MISSION

1. High level customers satisfaction through better quality products and timely delivery

2. Excellent with the economy3. Production and greater productivity of the company, growth and

national prosperity4. Team work and mutual trust5. Respect and concern for the individuals

PRODUCT PROFILE

Instrumentation limited palakkad produces valves of various sizes and shapes to suit the requirements of the customers. They produces the valves which are mechanical devices specifically designed to direct start, stop mix or regulate the flow pressure and the temperature of a process fluid. Today instrumentation limited palakkad has a spectrum of available valve extends from a simple water faucets to control valves equipped with the micro processors which the single provides the loop control of the process valves are used in piping system and on processing vessels or tanks for the variety of the reason. The various products that are produced in IL PKD are,

1. Control valveA) Global (single or double seat)B) AngleC) RotarlyD) 3 ways

2. Butterfly Valves3. Bellow sealed valves4. Safety & Relief valves5. Flow elements6. Power cylinders7. Pneumatic actuators8. Electric actuators9. Allied accessories

ORGANISATIONAL CHART

G.M

AGM’S office

DGM commerci

al

Finance, a/c

Personnel, administra

tion

Civil dept Computer centre

Design & engineeri

ng

Production

Quality control

Marketing

Marketing

management

Pp & C Inventory control

cell

Engineering

Design develop

Machine shop

Assembly shop

despatch

Tech dept

Out good inspec

Incoming good ins

Holding store

Production store

Tools storeRaw material store

Purchase dept

General material & stationary

Technical Non technical

DEPARTMENTAL ANALYSIS

1. Personnel & Administration Department

The prime role of the personnel management in instrumentation limited palakkad is taken up by the personnel and the administration department. The personnel and the administration department has the responsibility of the man power planning, recruitment, selection, training, employee welfare etc. the P&A department is under the guidance of a well personnel manager with the expertise and experience. There are junior officers to assist him. Te workers have a major role in the decision making process. As workers needs to accomplish the task. They are usually encouraged to the participate in the company decision making process.

Personnel and administration department consist of six sections they are:-

1. Recruitment section2. Time and wages sections3. Establishment section4. Industrial relation section5. Welfare section6. Transportation section

OBJECTIVES OF PERSONNEL & ADMINISTRATION DEPARTMENT

The P&A dept has set for them certain objectives based on the sound personnel policies and practices. It is under the guidance’s of a well personnel manager with the expertise and experience. There are 2 subordinates officers to assist him. These two officers look after the P&L matters.

To maintain high standard of integrity and behavior demanded by the professional conducts as a responsible department committed to the attainment of the organizational standard

To recognize and accept the dignity and the treat individual as human being irrespective of the religion, language, caste, sex etc.

To create and develop healthy personnel practice To win confidences and gain respect from the employees and to

maximize organizational effectiveness Not to allow any extraneous interest other than professional to the

interfere with official work. To be frank and fair in the dealing with the employee To have no personnel bias and prejudice To create unity and the loyalty towards the organization To elicit co-operation by integration freely with the other department

and maximize organizational effectiveness.

ORGANISATIONAL CHART OF PERSONNEL AND ADMINISTRATION DEPARTMENT

Categories of employees

There are four categories:-

1. Regular workers – consist of officers, supervisors and workers2. Apprentices3. Consolidated workers4. Master roll and casual

G.M

Personnel, administration manager

Industrial Security Senior personnel officer

Guest house

transportation

Personel administr

Training & developm

welfare medical

TABLE SHOWING MAN POWER DATA

Type of workers Numbers

Managerial officers

Supervisors

Workers

Consolidated workers

Casual workers

apprentices

57

107

294

54

53

68

Total 633

TABLE SHOWING NUMBER OF EMPLOYEES IN INSTRUMENTATION LIMITED PKD

department Office staff

supervisor workers total

General managers office

Additional g.m office

Commercial dept

Engineering dept

Design dept

Production control dept

Material management dept

Ancillary dept

Production dept

Plant maintenance dept

Quality control dept

Central planning dept

Information service dept

Finance, accounts dept

Personnel, administration dept

Civil dept

Security dept

1

1

13

1

4

5

3

3

6

2

3

4

5

6

3

1

-

2

1

11

4

7

11

10

7

21

5

11

2

10

9

5

-

-

1

-

14

6

9

9

24

10

186

7

23

2

14

23

21

5

13

4

2

38

11

20

25

37

20

163

14

37

8

29

38

29

6

13

TABLE SHOWING FACTORY WORKING HOURS-SHIFT BASIS

Shift Time

First shift

General shift

Second shift

06.20-14.30

08.15-17.05

14.30-22.40

HUMAN RESOURSE IN PRACTICE

Manpower planning Process

The various steps through which the man power planning is conducted in the instrumentation limited palakkad are:-

1. Assessing the current man power situation2. Forecasting the future human resource needs3. Comparing the forecasting needs with the projected supply4. Projected future supply of the human resource5. Education of the human resource planning effectives

HUMAN RESOURCES POLICIES

1. Manpower planning policy

The man power planning policy of the company is a decade old one. Now the man power policy is not the feasible because of the revival time of the company from the sickness.

2. Recruitment policy

Present recruitment policy includes advertising in newspaper, employment exchange, labour contractors, and educational institution unsolicited applicants.

3. Selection policy

Selection of the candidates for the organization will be purely based on the merit and carried out by application scrutiny followed by the interviews tests, reference and physical examination.

4. Promotion policy

Followed in the organization is that a minimum 3 years of the experiences in the same post with a good code of conduct and low absenteeism is required to get promotion. The organization also has a department allocation fro the promotion.

RECRUITMENT & SELECTION PROCESS

Recruitment is the process of identifying the potential candidate. As per the recruitment policy the company used advertising, employment exchange etc to the recruit employees. The recruitment and the selection policy used in the instrumentation limited palakkad gives more emphasis on the experience of the candidate is facilitated by the receipt of reference of the potential employees from known sources.

Recruitment at IL PKD is usually done in the registered office at kota. The vacancies below a pay scale 800-8000 are filled through the employment exchanges and other job positions are filled by giving open advertising.

Recruitment involves notification of vacancies through newspaper intimating the local employment exchanges for the screening and short listing candidates for the test and interview IL PKD. After that the company conducts a written test where the candidate is evaluated for his theoretical knowledge and technical expertise. Selection of the candidate is done on the basis of rank written examination to interview.

Most of the candidates are selected through the interview but rarely selection is done on the basis of the recommendation from the existing employees.

TRAINING AND DEVELOPMENT

Training and development is an important factor of HRM that is emphasized in the organization. The training given by the IL PKD to the employees is to safeguard the organizational objectives of survival and success through completion advantage.

One year apprenticeship training of the graduates and the technician apprentices would be considered as an experience for the purpose of the employment. This will not be applicable in case of the trade apprentices engaged under the apprentices act.

The act states that the job must be provided to the poorer and weaker sections of the society consideration must be given to the minority section. Women apprentices or the workers also should be given a special consideration. No communication and caste should exist in the public sector. Personnel policy should be made known to all employees in the organization.

Methods of the training and the development includes the job rotation, apprenticeship training, class room training with the inside and outside the facility sending the trainees to the training institution and general education programs.

INSTRUMENTATION LIMITED PALAKKAD INCLUDES THE FOLLOWING TRAINING PROGRAMS

1. Apprenticeship training

2. Job instruction training3. Class room lecture4. Conferences and seminars5. Audio visual and film shows6. Simulation & computer modeling7. Programmed instruction8. Re training

PROMOTION

A minimum of 3 years of the experience in the same post is required with a good conduct and low absenteeism etc to be considered for the promotion. The organization also has department allocation for the promotion.

PERFORMANCE APPRAISAL

Employees would like to know whether they are able to reach the desired level of performance. Thus it becomes necessary for the management to provide some machinery or device by which actual performance of the employees can be measured.

Performances study is done to known the satisfaction level of the employees regarding their performances and also to improve the same to obtain the good results. Performance appraisal is carried out on a yearly basis. The various factors evaluated are job knowledge, job out put, quality of the job done, conduct on the job and skill on the job, efficiency, initiative, co-operation, communication, discipline, attendance, punctuality and integrity.

LABOUR WELFARE ALLOWANCES

The following allowances are paid to the employees…

1. allowances a) washing allowances – its is paid to the regular employeesb) shift allowances – it is paid to the employees who are attending night

shift

c) house rent allowance – HRA is given to the regular employeesd) transport allowances – TA is paid to the employees according to their

postse) children’s education allowances – this allowances is given to the regular

employees

2. Advances a) Yearly allowances – The regular employees are paid Rs. 3000 at a

nominal rate of interest as yearly advances in the month of April. This amount is to be recovered in 10 months.

b) Furnishing Advances – This advance is given to the employees who have completed 3 years of services. This is also given to the employees at a nominal rate interest

c) Cycle advances – Up to Rs. 1000 is paid as advances on the request every 2 year.

d) Medical advances - In case of the medical emergencies Rs. 3000 paid as advances.

e) Vehicle advances – Amount of Rs. 14000 is paid with the interest as an advances to buy a two wheeler

f) Car advances – Amount of Rs. 50000 with interest at the rate of 11.5% is paid for buying a car.

g) Building advances – Advances is also paid for the purchasing a plot & for the building a house.

3. Reward a) Medical reward – Medical reward are given to those employees who did

not take medical re-imbursementb) Yearly good attendance rewardc) Award for the attaining higher qualificationd) Awards to employees representing in sports at state and national level

4. Other benefits

a) Scholar ship – It is given to the children of the employees who have the scored more than the 60% marks.

b) Holiday facilityc) Employee benefits fund scheme used in case of employeesd) Scheme for the voluntary help – used in case of the death of the

employeese) Recognition of service – given fro the employees who have completed

15 years of the servicesf) Group insurance schemeg) Townshiph) Provision for uniformi) Community centrej) Guest housek) Instrumentation limited co-operation society

HEALTH AND WELFARE FACILITIES

The following are the facilities provided in the company:-

Cleanliness Efficient disposal of waste Ventilations & temperature Removal of the dust, fumes Artificial humidification Lighting

Drinking water Canteen crèches

VARIOUS WELFARE FACILITIES ARE

travelling and other allowances leave and travel concession leave encasement industrial canteen and subsidy bonus as per the rules conveyance allowances nursing loan interest subsidy children education allowances, tuition fee telephone expenses uniform medical expenses as per the rules

PRODUCTION DEPARTMENT

This company is following the traditional methods of producing the product known as process specialist. In this method same of the machines are grouped together. This department plans the production process and training the progress for timely execution of the order.

This department consist of determine the plan i.e., how the manufacturing objectives has to be achieved, where and when by whom the work is being done and the subsequent control of the work after it has been started to ensure maintenances

Department receives production orders from the commercial department

Without the order from production planning and the control department no production is carried in the production department

This department issues the machines shop work for the order for the machinery casting for going etc & finally assembling work is issued for the assembling the product

Nature of work is namely…

1. Sales forecast2. Specification of the product3. Operation specification

FUNCTIONS

1. To review contracts2. To plan schedules3. To co ordinate specific testing4. To give work order and drawing to work department5. To provide information and current production status to the commercial

department

ORGANISATIONAL CHART

Senior Manager

PRODUCTION PLANNING & CONTROL DEPARTMENT

The main functions of the production and control department is control and co-ordinate the production activities

Functions

To review contracts of the product planning and control

Deputy Manager

Deputy Manager

Engineering fabrication

Senior Manager (assembly)

Supervisors

Workers

Temporary workers

Permanent workers

To plan schedule and monitor productionTo co-ordinate special testingTo give work order and drawing to work departmentTo change drawing as per the requests from the commercial departmentTo provide the information and current production status to the commercial department

Working of the department

Receiving PR from commercial department Preparing the material planning sheet Issuing the MPR for the ROL items (non stock items) Issuing the machine shop work order for the final assembly Issue material with drawl voucher to the draw materials from the

respective stores Arranging the machining of the component with the machine shop or

sub contracting Follow up machinery Receiving component from the store assembly Stocking the available component in KIT marshalling the yard Shifting the materials to the assembly shop for the final assembly

ORGANISTAIONAL CHART FOR PRODUCTION PLANNING AND CONTROL DEPARTMENT

Assistant general manager

Senior ManagerDeputy ManagerDeputy Manager Senior engineer

FINANCE AND ACCOUNTS DEPARTMENT

This department mainly includes the following

1. Payroll and establishment

When the business are established funds are required for the acquisition of the building man power, raw materials and so in the expenses of the expenses of the lighting, carriage, under writing and the other things, incidental to the production and more over every month wages and salaries are paid to each and every employees

2. Cash and bank payments

Payments are made after receiving the goods on the credit payment is made within the 30-40 days. 100% of the payment is made through bank against the suppliers invoice.

3. Purchase accounting

When voucher and bill is received from the supplier the finance and the accounting department is informed and the payment is made with in 30-45 days

4. Sales accounting

Finance and accounting department receives payment from the customers. As soon as order is received from the customers, production request is made to the production planning and control department and the dispatching of the commercial department dispatches goods manufactured

BOOKS MAINTAINED

The company maintained different accounts books like:-

1. Sales day book2. Bank book3. Purchase day book4. Journal5. Ledger6. Sin ledger7. Profit & loss account8. Trail balance9. Balance sheet

ORGANISATIONAL CHART FRO FINANCE AND ACCOUNTS DEPARTMENT

Finance manager

Deputy ManagerDeputy accountant Deputy share managerExecutive officerClerkOffice assistantSr. office assistantJunior OfficerOfficer Executive officerOfficer Sr. office assistantJunior OfficerOfficerExecutive officerJunior OfficerSr. office assistantOffice assistantClerk Office assistantClerk

PURCHASE DEPARTMENT

The main work of the purchase department is to transform drawings specification materials and industries instruction in to saleable products and to do with the most efficient use of the machine and men available.

FUNCTION

Co-ordination of sales and production through budgetary control techniques

Selection of the personnel for the purchase of the raw materials Maintenance of the adequate internal control over the materials

required by the means of available books and inventories Fixation for the purchase of materials simplifying the paper works

Main Supplier of raw materials

1. Indigenous suppliers Veryee alloys, Coimbatore Jangeeth metal corporation-Mumbai Mukund Iron, Mumbai Algenora steels, Coimbatore MGM gases, Mysore Sundra alloys

2. Foreign Suppliers Yamatake corporation, japan ESTSL Bernard, France Young touch, Kover ST instrumentation, Italy NIK Finland

MATERIAL HANDLING SYSTEM

Materials are bought by the tuck which include using the crane for heavy items for lift and else by the ands. Casting is placed in the yard outside the machine shop where each supplier materials have been allocated separately. Receipt store inspects the supplied materials for the length number and quality as the case may be these items are stored in the specified locations. These are offered to the quality control for the inspection and thus back to the receipt store.

Normal storing period is 10 days. Accepted items are sent to respective stores consumer able materials to general stores, finished gods to the component stores, rejected items are send to routine stores and some of these are sent to the research purpose.

In fabrication shop no handling is required. Heavy physical work is to be performed. A mechanically movable crane is provided for this while machine the body bonnet, if the operation detects any holes they are sent to the fabrication shop for rectification.

After operation in fabrication shop the ports requires finishing and machining. After machining parts requiring milling operations like upper case are send for milling. This is done mainly on CNC machines.

This and other parts are then sent to the drilling machines for drilling. There are approximately 75 machines in the organization and have credit largest machines in India these machines have been imported from the Japan.

ORGANISTIONAL CHART FOR PURCHASE DEPARTMENT

STORE DEPARTMENT

Senior Manager

Manager

Engineer

Stores department will helps in minimizing the product cost by providing efficient service. Effective store keeping will helps to protect the raw materials from the losses by the avoiding over stocking and effective material control.

Type of stores

1. Centralized stores2. De-centralized stores3. Central stores with sub stores

Stores department is divided into five categories:-

1. Receipt stores2. Raw materials stores3. General stores4. Quarantine store5. Tools stores

Advantages of stores department

1. Current knowledge of which particular item exist2. Easy accessibility3. Easy movement of material handling4. Reduce the spoilage of the materials

Functions

1. To receive and store raw materials2. To store non confirming the material and prevent unauthorized use3. To receive all components delivered by the supplier or customers4. To store tools5. To store consumable like eliding rod, points etc.

Objectives

1. Receiving the incoming materials2. Credit he sales of the holding store in time after the inspection3. Meet the inventory requirement

ORGANISATIONAL CHART FOR STORES DEPARTMENT

Store Department

Go down Assistant

Go down supervisor

Go down

Workers

Store clerk

Store supervisor

Executive

Stores Officer

Workers

MARKETING DEPARTMENT

The main functions of the marketing department are to sell the product. Instrumentation limited palakkad has both the domestic market as well as export market. The major products that is produced and marketed in the instrumentation limited palakkad are control valve, butterfly valve, actuators, various accessories, flow elements, safety relief valves, tank level gauge, special valve etc.

The major Customers of IL PKD

1. BHEL2. L&T3. SAIL4. National Thermal Power Co (NTPC)5. Cether vessels limited6. FACT7. TISCO & Jindal Steels8. Indian oil corporation9. Chemical companies10.KSEB of some state

Instrumentation limited palakkad conducted various market researchers. The present market situation of the company is it carries 62% market share through license setup. They segmented their market by region base into four that is North, South, East and West. In some states there is group heads and the market agencies including the metropolitan cities. IL PKD has its own products specialist. Their target market is world wide distribution of their products but this is not yet possible due to the assumption that the Indian products is not & assuring the quality in the world market. This is the major threat to the company.

Their position strategy is control valves in India. The various methods adopted for the sales promotion are seminars conducted in metropolitan cities and with the clients and in corporate offices. They conducted customer training program while forecasting he demand of their products they notify that now many of their products are outdated. At the same time they are still containing, prediction is emphatically and still remains as per valves manufacturing.

The major exports are:-

Malta Cyprus Malaysia Zambia Doha Russia

ORGANISATIONAL CHART OF MARKETING DEPARTMENT

Marketing Manager

Sales manager

Sales executive

Senior assistant

clerk

Office assistance

clerk

Office assistant

Senior assistant

Sales executive

Customer service manager

COMERCIAL DEPARTMENT

Commercial department has the job of identifying the customers their requirement and carry out the order received. The department does work between the company and the customers. The product selection for the customers is also the responsibility of the commercial department.

FUNCTIONS

1. Does the liaison work between company and customers2. To select the right product which met the requirement of the customers3. To make the technical leaflets to the requirement products4. To pass the information from the customers to the product planning and

control and quality control department5. To monitor the after sales service to the products

Commercial section involves the dispatch section of the products. Dispatch section of the instrumentation limited includes senior manager, engineering, junior engineering, progress man and the office assistant.

Working of the commercial department

Receiving the inquires from the customers Issuing the internal inventory request (IIR) to the design and the

engineering department if the items are not standard Receiving drawing form Submitted offer Attending the technical and the price negotiation Receiving the LOI/ purchase order Issuing the PR to PP with the details specification Follow up manufacturing activities Arranging customer inspection

Receiving PCV from assembly Entering PCV in RGI register Entering PCV in finished goods register Prepare delivery channel Issuing the packing list Arranging the transits insurance Sending the complete file along with DC to sales account for billing Dispatching original documents to the customers Arranging the transporters Arranging of the lading of materials Payment and follow up

ORGANISTAIONAL CHART FOR COMMERCIAL DEPARTMENT

Senior Manager

Marketing Manager Shipping Manager Service Manager

Junior Engineering

Deputy Manager

Technical Manager

Junior engineering

Deputy Manager Deputy Manager

Junior engineering

Supporting Staff

ANCILLARY DEPARTMENT

Ancillary department procure various inputs such as casting, forging and sub contracted items required for the manufactures of the product as soon as the MPR& PPR of the stores is received. Ancillary department indicates the procurement suppliers are identified based on the price, quality and delivery of the appropriate suppliers will be selected and conferred with the purchase order.

ORGANISATIONAL CART FOR THE ANCILLARY DEPARTMENT

Deputy General Manager

Indigenous Purchase

Senior Manager

Sub ContractorsAD Casting

Working Class

Without materials

With Materials

Deputy Manager

Working class or supervisors

PLANT AND MAINTENANCE DEPARTMENT

Plants and maintenance has got the responsibility of keeping the work station in the usable conditions by means of the various types of maintenance in well manner. The supervisors and the workers are co-operative so that the plant and maintenance is easily possible.

FUNCTIONS

To keeps the machine in working the conditions Preventive maintenance Keeping the necessary space Avoid long rum break down Check machines are working the efficiency

OBJECTIVES

To ensure timely and routine maintenance of plant and machinery and equipment to reduce the break down there by ensure maximum production and productivity.

ORGANISTAIONAL CHART OF PLANT AND MAINTENANCE DEPARTMENT

Deputy general manager

Engineering maintenance

Junior engineering elect

Foreman

Electricians Foreman & maintenance

Junior engineering mech

QUALITY CONTROL DEPARTMENT

The main objective of this department is integration through effective communication shaping through empowering, continuous updating of the products and manufacturing technology.

FUNCTION

1. Internal quality control – carries out the test of the incoming items2. Assembly quality control – carries out testing of the finished products.

QUALITY CONTROL POLICY AND CONTROL

Quality policy is to give the total satisfaction to their customers through the design manufacturing and supply of the products backed by the after sales services and the customer’s education.

TQC ensures the products manufacture are completely in a accordance with all the required application safety codes, engineering quality standard and the customers satisfaction.

QUALITY RECORD SLIP

1. Engineering register2. Order of acknowledgement3. Production request4. Delivery channeling5. Packing slip6. Warranty card7. Invoice

8. Customers purchase order slip9. Service report10.Internal firm report11.Inter office report12.Product credit voucher13.Quality assurance certificate14.Packaging request

The quality control department follows norms basically on ISO 9001. It follows the international plants and standard like American National standard Institution (ANSI), American Standard for Material Engineering(ASME), American water work authority(AWWA), Dutch International Standard (D/S).

ORGANISATIONAL CHART FOR QUALITY CONTROL DEPARTMENT

Senior manager

Quality control manager

Engineering quality control

Workers quality control

Supervisor’s quality control

RESEARCH & DEVELOPMENT DEPARTMENT (R&D DEPT)

R&D centre is headed by a YH trained manager with the 20 years of experience backed by a strong technical teams of 45 members. R&D is equipped with the state of the art CAD/CAM facilities. This centers works stationary supplied by the Hewlett Packard loaded on which are the SDRC idea software for the design & FEM analysis. A photo of the value undergoing FEM analysis is seen in the picture. This work station is connected to the PC’s with the AutoCAD REI-14 on Windows NT network. This work station is directly connected to a CNC machine supplied by HEYLIGENSTAEDT, Germany for the computer aided manufacturing.

Bellows sealed valves developed through in the house R&D were awarded the import in the substitution award by the government of the India for the 1990-91.

INFORMATION TECHNOLOGY DEPARTMENT

This department maintains the computer network in Instrumentation limited palakkad. It provides the various computer programs to the entire department for their regular work. The IT department plays a vital role in productions activity.

There are three networks:-

1. Business application2. Finance application3. Main server and other office automation

There are approximately 150 computers and 100 printers. The various e-commerce or e-business practices using these three networks. The instrumentation is the first client oracle in South India 1992. In the technological front the organization is not able to upgrade with the latest technologies.

System implementation in instrumentation limited palakkad is:-

1. Dispensary accounting & stock management2. Inventory control package

ORGANISATIONAL CHART FOR IT DEPARTMENT

Deputy Manager

Programmer

System analyst Hardware technicians

DESIGNING & ENGINEERING DEPARTMENT

Designing department as the title indicated designing the valves and its components to satisfy his customer’s requirement and accordingly new or modified design for the products to be introduced. It is also caters tot eh requirement of the commercial, production planning and the control, procurement agencies, machines shop, assembling each and every stages of the activities to ensure that the products confirms the customers specifications of the departments.

FUNCTIONS

To frame the material specification & prepare instruction manual for all the products

To design and develop new products as per plan To aid commercial department carrying the contract To generate design document To aid the commercial department in the finalization of the product.

OBJECTIVES

1. To manufacturing he components in time2. To reduce non conformities3. To reduce rework4. To reduce wastage

Working of designing department

1. Processing of internal information request Internal information request from commercial Additional data from the commercial and other sources.

2. Design control Document request from the PPC Instrumentation from management or commercial department Relevant data specification standard Queries or command for the engineering department

3. Standard of external origino Periodic update from registered sourceso Identification of the new standard needed

4. Issue of the design copies5. Revision of the design document

Revision request from the engineering department Clearance form the engineering department

6. Maintaining of trading in archive Master list of drawing

ENGINEERING DEPARTMENT

The main functions of the engineering department are to arrange the tools and equipments for the products planning and control department. It provides the technology to the department especially for the production. They maintain relevant plant standard to the entire purchase matching and inspection activities.

FUNCTIONS

1. To provide the technical support to the production department2. To generate the production, instruction, process technology for the

manufacture3. To identify the tools, equipments for the production testing and design4. To upgrade the manufacturing technology5. To estimates the cost of the final products6. To approve the pattern layout drawings

OBJECTIVES

Evaluation of the production, drawing originated by the designing the department5 for the manufacturing assembling and testing feasibility

Provide the processing methods and details of the manufacturing, assembling the testing to the production and the inspection department

Provide the adequate cutting tools, standard items, jigs and fixtures to testing the inspection department

Analyze production facilities and the provision fro the advanced equipments for the productivity improvement.

Cost saving production functions.

Working of engineering Department

1. Preparation of technology Request for the technology from the machine shop Internally identified vide TES, during the tracing, vetting

2. Vetting of tracing received from design department Tracing from the design vetting Modified drawing

3. Initial batch production on the licensed or the development products and process

Request from the design or the production planning and control development

Drawing specification from the design

4. Checking and approval of planning department Request for the ancillary department for the planning

department approval Re-submission by AD

5. Requirement action MPR request from the procurement of the seal, rings, pressure

testing fixture tools, jigs fixtures etc, from PP&C and the quality control internally identified needs in TES.

Quotations DC copy

6. Provision for manufacturing facilities Request for the purchase of the equipments or lost accessories

from the work or quality control

7. Design or procurement of jig or fixtures test equipments and special tools gauges

Request for the ring, seal, fixture or product planning and control drawings

SWOT ANALYSIS

STRENGHT

1. Undertaken by the government of India.2. Enjoy the monopoly in the production of the control valves.3. Products are of the highest quality4. Morale of the employees is high5. Financial level is solid or sound6. Good welfare measures to the employees7. R&D team of the company is very strong8. Excellent infrastructure for the manufacturing products

WEAKNESS

High employee’s turnover Delay in decision making Lack of co-ordination between different departments Under the utilization of the plant capacity Lack of technological up gradation Lack of departmentisation

OPPORTUNITIES

1. Wide spread demand for the products2. Efficiency of the workers can be enhanced3. Plant capacity can be enhanced4. Negotiation to extend its export matters5. Increased future collaboration with the Yamatake Honeywell, Japan

THREATS

1. The new industrial policy2. The competition from the other multinational company

FINDINGS

1. Heavy order from the domestic customers

It has been seen that this company has been taking the majority of their order from the domestic customers y which they are unable to come up the demands of the international markets.

2. Shortage of the manpower in certain fields

It has also seen that there has being a shortage of the manpower in certain fields of the company which been effecting the company.

3. The company findings difficulty in handling the export activities due to the lack of the proper marketing activities in abroad.

SUGGESTIONS

1. It will be beneficial if the company processed the demand forecasting and a proper production planning by which the demand can be parallel with the supply.

2. The company should 9increse the input of the HR such that the company can get their work done at time.

3. The company should takes the adequate steps on the strengthen industrial trade

4. The company should focus on the technology changes and the update new technology implemented it as soon as they are so that the company can easily complete the competitors.

CONCLUSION

After the whole study we can clearly conclude that the instrumentation limited palakkad is one of the best public companies in India providing a study income to the country. Through the high quality products and instant delivery of the goods it has created a state of monopoly even in the existence of the different competitions around them.

The highly dedicated workmen and the other faculties has been a great asset so the industry. Instrumentation limited, palakkad has become the vital part of the palakkad and in source of the blaming to the people of that locality.

While we can conclude the study we came to know that:-

1. Instrumentation limited palakkad plays a vital support in India and the abroad for the industries enterprises.

2. It supplies goods to east while USSR, Rumania, Hungary, Saudi Arabia, Zambia, Egypt etc

3. Instrumentation limited is the first company in India to receives the ISO 9001-2000 certificate for the manufacturing the control valve.

4. Total capacity is 1000 numbers or years5. Manufacturing facilities has been valued one of the best in south-east

asia.