turbo bearings pvt. ltd-bba-mba project report

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    PROJECT REPORT

    ON

    TURBO BEARINGS PVT. LTD.

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    INDEX

    Particular Page No.

    1. General Information 05

    2. Production Department 15

    3. Personnel Department 32

    4. Marketing Department 44

    5. Finance Department 54

    6. Swot Analysis 64

    7. Achievements 66

    8. Future Plans 68

    9. Suggestions 70

    10. Conclusion 72

    11. Bibliography 74

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    INDEX

    1. Company Profile

    2. History of The Company

    3. Location of The Company

    4. Organization Structure

    5. Size And Form of Organization

    6. Time Keeping System

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    COMPANY PROFILE

    Name of Company : Turbo Bearings Pvt. Ltd.

    Address : Plot No. 250,

    Q-Road,

    G.I.D.C. Aji-2,

    Rajkot 360 003.

    Telephone No. : 97-281-2389092, 2389087, 238959,

    2389592

    Fax No. : 91-281-2387735

    E-mail : [email protected]

    Website : www.turbobearings.com

    Establishment Year : 1988

    Promoter : D. R. Patel,

    Paresh P. Patel,

    Kirit T. Solanki,

    J. P. Patel,

    R. P. Patel,

    5

    mailto:[email protected]://www.turbobearings.com/mailto:[email protected]://www.turbobearings.com/
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    Scale of Industry : Middle Scale Industry

    Total Employees : 170

    Area of Unit : 11,000 sq. ft.

    Off Day : Wednesday

    Turn Over : 15 Crores

    Bankers : O.B.C.

    H.D.F.C.

    Auditor : Y. C. Anadkat & Co.

    Certificate : The Company has been awarded

    An ISO 9001:2000 Certificate by

    B.V.Q.I.-LONDON.

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    HISTORY

    Turbo Bearings Pvt. Ltd. Was started in Rajkot. D.

    R. Patel and Mr. Paresh P. Patel has Started TURBO. Theyhave started Turbo Bearing Pvt. Ltd. With investment of

    Rs.3 crores. In beginning time of Turbo Bearing Pvt. Ltd.

    They were produsing only Tepered Roller Bearing.

    Now a day because of great relation and superior

    quality company produce many types of bearings and

    original equipment of many vehicles. And today because ofexcellent performance they have lots of satisfied customers

    in india as well as international market.

    There was tremendous progress of Turbo Bearing Pvt.

    Ltd. During 1991 to 1994. And they expand their business in

    international market.

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    LOCATION OF THE COMPANY

    Location of unit is most important for company.Because company start all activity from location and growth

    and development of any company is largely depend upon

    location. Location must be selected after long thinking

    because it is life long decision. Company has to consider

    following factors at time of selecting location.

    Easy availability of raw material

    Transport facility Cheap power and fuel

    Cheap and skilled labours

    Easy and cheap finance

    State help

    Turbo Bearings Pvt. Ltd. Has ideal location. It is

    located in Aji industrial area. Which is near to the highwayand company can get raw material, transport facility, power

    and fuel, labours, finance easily. It is in G.I.D.C. area so that

    company can also get government help.

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    GENERAL ORGANIZATION

    STRUCTURE

    M.D.

    Joint M.D. Director

    Works General Finance Exise Purchase Store

    Manager Manager Manager Officer SupervisorSupervisor

    Engineers Accountant Dispatch Assistant

    Officer

    Supervis. Assistants

    Marketing Admi. Assistants

    Executive SupervisorWorker

    Assistants Personnel

    Officer

    Assistants

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    SIZE AND FORM OF ORGANIZATION

    Size of Organization:There are four size if business organization.

    Small Scale Industry

    Large Scale Industry

    Giant Scale Indutry

    If starting investment of company is less than 1 crore

    then it is consider as small scale industry. If it is 1 crore to

    10 crores then it is consider as middle scale industry. If it is

    10 crores to 100 crores then it is consider as giant scale

    industry.

    Turbo Bearing Pvt. Ltd. Was started with starting

    investment of 3 crores so that it is consider as middle scale

    industry.

    Form of Organization:

    There are three type of organization.

    Sole proprietorship

    Partnership

    Company

    Turbo Bearing Pvt. Ltd. Is private limited company.

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    TIME KEEPING SYSTEM

    Time is most important for everyone. Time never stopfor any one We should use our time properly.

    Turbo Bearing Pvt. Ltd. believes that every work

    should be done in time. It believes that work which is done

    after definite time period. Turbo Bearing Pvt. Ltd. is very

    strict as far as time is concern.

    In Turbo Bearing Pvt. Ltd. there is card system.Everyone has to write their entry time and leaved time.

    General Shift of company is as under.

    Morning Shift : 8:00 A.M. to 12:00 P.M.

    Recess : 12:00 P.M. to 2:00 P.M.

    Afternoon Shift : 2:00 P.M. to 6:00 P.M.

    Night Shift : 6:00 P.M. to 6:00 A.M.

    Morning shift and after noon shift are compulsory. And

    night shift is for over time. This system is quite helpful them

    to cunt wages of employee.

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    OBJECTIVE

    Each and every organization has one common objectiveand that is profit. Turbo Bearing Pvt. Ltd. has also the object

    of profit but it is in proportion. Objective of Turbo Bearing

    Pvt. Ltd. are as under.

    To get reasonable profit

    Create more and more customers and satisfy them

    Try to improve every next production

    Maintain international Standard

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    INDEX

    1. Introduction

    2. Organization Chart

    3. Product of The Company

    4. Raw Material Used In Process

    5. Production Process

    6. Purchasing Decision

    7. Quality Policy

    8. Quality Control

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    INTRODUCTION

    Production is the heart of any industry. All the

    activities start with production in the company. It is

    necessary that production department run effectively and

    effectively. Because, if company runs production effectively

    and effectively then company can run other activety

    forward.

    Production is an organized activity of converting raw

    material in to final product. Every process of converting

    raw material in to final goods is known as production

    process.

    In Turbo Bearings Pvt. Ltd. Mr. Dineshbhai Patel is the

    head of production department. He looks after every activity

    of production. He looks after every activity of production

    department very effectively and efficiently.

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    ORGANIZATION CHART

    M.D.

    PRODUCTION

    MANAGER

    ENGINEER QUALITY CONTROL

    DEPARTMENT

    SUPERVISOR

    R & D

    WORKERS DEPARTMENT

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    PRODUCT OF THE COMPANY

    Turbo Bearing Pvt. Ltd. was start with producing taper

    roller bearing, but now a days Turbo Bearing Pvt. Ltd. is

    producing many bearing product. Product of Turbo Bearing

    Pvt. Ltd. is as follow.

    Tapered roller bearing

    Cylindrical roller bearing

    Needle roller bearing

    Spherical roller bearing

    Clutch bearing

    Thrust bearing

    Deep groove ball bearing

    Four point contact bearing

    Turbo Bearing Pvt. Ltd. is also producing original

    equipment of three wheeler & tractor, diesel engine,

    machine tool, agricultural equipment.

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    RAW MATERIAL USED INPROCESS

    For each and every product there are some materials

    which are transferred in to the final product it is known as

    raw material for that product. Production is start with raw

    material.

    Turbo Bearing Pvt. Ltd. uses steel as a raw material to

    produce bearing. They use only SAE 52100 steel as a raw

    material.

    Turbo Bearing Pvt. Ltd. purchases the raw material

    from:

    Rajkot city

    Rajasthan

    Maharashtra

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    PRODUCTION PROCESS

    Raw Material

    Forging

    Annealing

    Turning

    Heat Treatment

    Grinding

    Super Finishing

    Oiling

    Assembling

    Packing

    Dispatching

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    PURCHASING DECISION

    In the business unit purchasing decision is also a

    decision which requires long thinking. Because company

    should purchase goods at that time when they can purchase

    at lower rate and working capital is not be invested for long

    time.

    In Turbo Bearing Pvt. Ltd. purchasing decision are

    taken by Mr. Dineshbhai K. Patel. They purchase raw

    material at that time that company can not delay in

    production process and working capital is not be invested for

    long time. They take purchasing decision considering

    following details.

    Stock of finished goods

    Order by distributors

    Stock of raw material

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    QUALITY POLICY

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    QUALITY CONTROL

    Turbo Bearing Pvt. Ltd. is very conscience about

    quality of product. They use latest machinery and

    equipments for best quality.

    Metallurgical Laboratory

    Turbo Bearing Pvt. Ltd. is well equipped with chemical

    analysis laboratory for analyzing the chemical composition

    of prime raw material SAE-52100/100Cr 6 steel. Mainfunction of laboratory is to verify the chemical composition

    ofSAE-52100/100Cr 6 steel as perIS/ISO norms. They are

    using the raw material of balls and rollers SAE-

    52100/100Cr6 steel from worlds best steel making plants

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    like DAIDO-JAPAN, ASCO Metal-France, Willaires-

    Brazil or equipments and prime SAE-52100/100 Cr 6 steel

    for bearing races.

    Metallurgical Microscope

    Metallurgical microscope Olympus CK 40M

    (Japan) make. It is one of the latest microscope ofOLYMPUS-Japan make. It is used for checking the

    microstructure of bearing components. By this equipments,

    They are maintaining consistent quality of microstructure as

    per standard norms in prime raw material as well as in heat

    treated rings, roller & balls. It leads to improve the bearing

    performance. They are using STAHL-EISEN-

    PRUFBLATT 1520 (SEP-1520) German chart forchecking microstructure as.

    Spheroidize structure

    Amount of perlite

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    Micro inclusions

    Carbide network

    Carbide streaks (bandings)

    Micro Structure

    As per Indian and international bearing standards the

    grade of bearing steel is SAE-52100/100 6 which is being

    used by Turbo Bearing Pvt. Ltd. Before using bearing steelas their raw material, they make it sure that micro inclusions,

    micro cleanliness and microstructure of bearing components

    are maintained as per standard specifications to ensure the

    long life of bearings.

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    Talyrond

    Talyrond Talyrond Hobson Ltd. (U.K.) Make. It is

    the best quality measuring instrument. It is used for

    checking the roundness, squarness, concentricity and

    coaxiality of bearing and components, which ensure the

    running accuracy and long life ofTURBO bearings.

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    Form Talysurf

    Form Talysurf FTS 50- Taylor Hobson Ltd. (U.K.)

    make. Form and surface finish measuring instrument is

    being used for checking the micro geometry, it evaluate

    parameters like form geometry and surface finish of

    components. Also they are using this instrument for

    improving the quality and verifying their product with

    standards. It is also useful for R & D works as they can

    modify from of races & rollers to enhance performance of

    TURBO bearings.

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    Bearing Noise Level & Vibration Tester

    This important testing instrument is used for checking

    the noise & vibration of Tapered, Cylindrical, Spherical

    roller bearings, Anguler contact ball bearings and deep

    groove ball bearings. This instrument is used for updating

    the quality ofTURBO bearings.

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    INDEX

    1. Introduction

    2. Organization Chart

    3. Recruitment & Selection

    4. Training & Development

    5. Wages & Salary Administration

    6. Facilities Provide To Employee

    7. Promotion & Transfer

    8. Employee Record

    9. Bonus

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    INTRODUCTION

    In business every activity are done by man. Manpower

    is most important power in every organization. It is

    necessary that to use manpower in such way so that

    maximum outcome is possible. There is need of personnel

    management in an organization to get maximum output.

    Personnel management is planning, organizing,

    directing and controlling of procurement, development,

    compensation, integration, maintenance and separations of

    human resources to the end that individual, organizational

    and social objectives are accomplish.

    -Flippo

    In Turbo Bearing Pvt. Ltd. Mr. P.D.Gandhi is head of

    personnel management. Their work as a personnel manager

    is very nice. Because he never gives any chance of arising

    problems.

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    ORGANIZATION CHART

    M.D.

    GENERAL

    MANAGER

    PERSONNEL

    MANAGER

    CLEARK TIME RECEPTIONIST

    COMPUTER

    KEEPER OPERATER

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    RECRUITMENT & SELECTION

    Recruitment:

    Recruitment is the process of searching for prospective

    employees and stimulating them to apply for job in the

    organization.

    There are main two sources for recruitment.

    Internal Sources

    External Sources

    Turbo Bearing Pvt. Ltd. adopt both the type of sources

    for recruit person. For unskilled worker they use internal

    sources they get unskilled workers on reference of current or

    previous workers and for skilled workers and official staff

    they use external sources, they give advertisement in NEWS

    PAPER and recruit employees.

    Selection:

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    Selection means to choose qualified persons out of all.

    Turbo Bearing Pvt. Ltd. has they own system to select an

    employee. They arrange interview, take test according topost, and then they select right job.

    TRAINING & DEVELOPMENT

    Training & development is necessary for every worker.

    Workers can improve their capacity through training for

    getting work efficiency and effectively company should

    provide training to every worker.

    Turbo Bearing Pvt. Ltd. gives training to worker by two

    method.

    On the job training

    Off the job training

    On the job training:

    Through this method they provide training to workers.

    First, supervisor provides training to workers practically and

    observing that worker do works according to that.

    Off the job training:

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    Through this method they provide training to office

    staff. They arrange lecture, conference or case study in

    factor premises or out of factory premise.

    WAGES & SALARY ADMINISTRATION

    Wages or salary are revolt of work for every employee

    wages or salary should be rational and enough foremployees work.

    Basic purpose of wages and salary administration is to

    establish and maintain effective wage and salary structure.

    Proper and regular wages and salary helps to avoid industrialdisputes, and increase moral of worker and efficiency of

    worker.

    Turbo Bearing Pvt. Ltd. give Rs. 80 to Rs. 90 to

    unskilled worker and Rs. 100 to Rs. 350 to skilled workers.

    They give wages on daily basis at the end of month. They

    give minimum 3,000 and above on the basis of the post of

    the employees.

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    Because of good wages and salary structure they never

    find any problem related to salary or wage.

    FACILITIES PROVIDE TO

    EMPLOYEES

    Employee and worker are main assets of an

    organization. To get more work and maintain their interesttowards work, only salary is not enough to motive an

    employee.

    Turbo Bearing Pvt. Ltd. provides many facilities to

    motivate the employee. They provide following facilities tothe employee.

    1) Canteen:

    Turbo Bearing Pvt. Ltd. gives facilities of

    canteen to the employees. They provide tea, coffee,snack,

    cold drink, lunch etc at reasonable price. They provide

    one cup of tea or coffee during every shift.

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    2) Safety Equipment: Turbo Bearing Pvt. Ltd. is very

    conscious for safety of employee. They provide helmet,

    goggle ,glow, aprons etc. on their job.3) Medical Facilities:

    There is a chance of accidents in factory. So that

    Turbo Bearing Pvt. Ltd. provides them medical facilities.

    There is special room for first aid.

    4) Annual Bonus:

    Every year at a time of DIWALI they provide

    bonus to every employee and workers.

    5) Uniform:

    Turbo Bearing Pvt. Ltd. provides uniform every

    year. Every year two pairs of uniform are provided. To

    work man they provide strong cotton uniform.

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    PROMOTION AND TRANSFER

    Promotion:

    Promotion means to increase the authority and

    responsibility of an employee by increasing his post. An

    organization can give promotion by two ways.

    - On the basis of seniority

    - On the basis of performance

    Turbo Bearing Pvt. Ltd. gives promotion to the

    employee on the basis of performance because it is private

    company. If they will found the satisfied performance then

    they promote the employee.

    Transfer:

    Transfer means to change the work place of employee

    without changing his post, authority, responsibility or salary.

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    In Turbo Bearing Pvt. Ltd. they transfer employees to

    other department if they needed, but transfer him to another

    place is not possible because they have only one premise.

    EMPLOYEE RECORD

    In organization employee are required to complete

    organizational goal and for that control over the employee is

    necessary. Organization must have necessary information

    about all the employees.

    In Turbo Bearing Pvt. Ltd. there is good system to

    record information about all employees. They have one file

    for every department. They record name and address,

    performance, presentation and other detail of every

    employee.

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    PROMOTION

    An employee has little incentive for development. If

    he has no opportunity to secure step by step promotion

    within the organization as far as possible.

    If any worker works properly and he has an extra skill

    for other work, company give him a promotion.

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    INDEX

    1. Introduction

    2. Organization Chart

    3. Advertisement

    4. Channel of Distribution

    5. International Marketing

    6. Market Share & Competitors

    7. Pricing Policy

    8. Sales Promotion

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    INTRODUCTION

    Marketing is nothing but to try to people make aware

    about our product. Marketing is social and managerial

    process by which individual and group obtain what theyneed through marketing.

    The American marketing association offers the

    following definition. marketing is the process of planning

    and executing the conception, pricing, promotion and

    distribution of ideas, goods and services to create exchangethat satisfy individual and organizational goals.

    The marketing management represents the functional

    areas of business management for the flow of goods and

    services from producer to consumer. It looks after making

    system of the enterprise. Marketing management performs

    all managerial functions in the field of marketing.

    Marketing management is the art and science of

    choosing target market and getting, keeping and growing

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    customers through creating, delivering and communicating

    superior customer value.

    ORGANIZATION CHART

    M.D.

    GENERAL

    MANAGER

    MARKETINGMANAGER

    EXECUTIVE DEALERS

    ASSISTANT SUB DEALER

    ADVERTISEMENT

    Advertisement is tool by which sale can be increased it

    is in paid up form. Advertisement is differs from business to

    business. But it is inseparable part of business.

    Advertisement is one way communication between the

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    producer and consumer. Now a day news paper, radio,

    television, hoarding etc. Are media of advertisement.

    Turbo bearing Pvt. Ltd. uses news paper, business

    magazine, hoarding as media of advertisement. They are

    very conscious as far as marketing is concert. They expend

    more then 90 lacks for advertisement purpose.

    Channel of distribution

    The company can not sale its goods directly to the

    customers, they need to create a channel is known as

    channel of distribution or market channel. It is set of

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    interdependent organizations involved in the process of

    making product or service available for use or consumption.

    Marketing channel performs the work of movinggoods of moving goods from producer to consumers. It

    overcomes the time, place and possession gaps that separate

    goods and services from those who needed or want them.

    Turbo bearing Pvt. Ltd. follows the following

    distribution channel to distribute goods to the customers.

    Manufacturer

    Dealer

    Retailer

    Customers

    INTERNATIONALMARKETINGTurbo bearing Pvt. Ltd. has satisfied customer in India

    as well in international market. They sales the product in

    many countries like.

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    U.K

    U.A.E

    SPAIN EGYPT

    KOREA

    BRAZIL

    TURKEY

    SRILANKA

    ARGENTINA

    WEST AFRICA BANGLADESH

    And in many more countries.

    MARKET SHARE ANDCOMPETITORS

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    Market share:

    Market share means the proportion of sale of

    companies goods, out of whole sale of same goods in acountry, state or city.

    In total sale of bearing market, sale of Turbo Brand

    Bearing is more than 7 %, means company have 7% market

    share in bearing market.

    Competitors:

    In the market there are many companies which are

    producing same kind of goods. These companies are known

    as competitors of particular company.

    In case of Turbo bearing Pvt. Ltd. there are many

    competitors bearing in the market like:

    - SKF bearing

    - ABC bearing

    - AFC bearing

    PRICINGPOLICYPrice is most important factor in a company, company

    should sale their goods at that price which includes all

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    expenses and reasonable profit. Turbo Bearing Pvt. Ltd.

    includes following cost for decide the price of product.

    1) Raw Material Cost:

    Turbo Bearing Pvt. Ltd. includes cost of raw

    material in price. They use steal as a raw material and

    cost of steal are included in price of bearing.

    2) Process Cost :

    In process cost Turbo Bearing Pvt. Ltd. includeselectricity expenses, machinery exp. Wages exp. Etc.

    3) Marketing Cost :

    Expenses which are done for the marketing or

    selling are to be included in marketing cost. Like,

    advertisement expenses, transport expenses and otherselling expenses.

    4) Administration Cost :

    Office expenses like telephone bill, stationary

    expenses etc. Are to be included in administration cost.

    SALES PROMOTION

    Sales promotion means to efforts to increase the sale. It

    is necessary today to increase the sale. It is part of

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    marketing. In short it is extra facilities given to the

    customers.

    Turbo Bearing Pvt. Ltd. gives different schemes to thecustomers and they give bearing in various weight, price,

    and size to increase the customers and because of their

    efforts their sales to increased in last years.

    2002-03 12,06,62,640

    2003-04 14,87,52,800

    2004-05 17,68,37,3202006-07 24,50,00,000

    2007-08 33,00,00,000

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    INDEX

    1. Introduction

    2. Organization Structure

    3. Sources of Finance

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    4. Finance Planning

    5. Working Capital Management

    6. Fixed Capital Management7. Profit and Loss Account

    8. Balance Sheet

    INTRODUCTION

    For utilization of different activity whatever amount is

    received from different sources is known as finance. Financeis lifeblood for any organization. According to S.C. Kuchhal

    Finance is pivot around which all the business activities

    revolved.

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    Finance management of management of finance refers

    to acquisition, utilization and maintenance of amount

    received from different sources to be utilizing in different

    activities to achieve certain objectives.

    Finance management is concern with the effective use

    of an important economic resources namely capital fund.

    -Soloman

    ORGANIZATION CHART

    M.D.

    FINANCIAL

    MANAGER

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    ASSISTNT FINANCE A/C & AUDIT

    MANAGER EXECUTIVE OFFICER

    ASSISTANT

    SOURCES OF FINANCE

    Sources of finance are that from which finance is comein an organization. There are many sources through which

    company can collect necessary finance.

    Generally there are two types of sources.

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    Internal Sources

    External Sources

    Turbo Bearing Pvt. Ltd. gets finance from selfinvestment by promoters, reinvestment of profit as internal

    sources. And company collect finance from the bank loan,

    government help as external sources.

    FINANCIAL PLANNING

    Finance is that function of organization which should

    be used in proper way. There is always scare of finance in an

    organization. The financial manager should have planning of

    finance.

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    In Turbo Bearing Pvt. Ltd. Mr. K.D. Badrakhia is head

    of finance department. He makes all planning of finance in

    Turbo Bearing Pvt. Ltd. He collects finance at lower rate andmakes proper use of it. He records of finance and study the

    financial condition of Turbo Bearing Pvt. Ltd. He makes

    planning for both long term and short term.

    WORKING CAPITAL

    MANAGEMENT

    Working Capital, some times it called as net working

    capital. It represented by the excess of current assets over

    current liabilities and identifies the liquid portion of total

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    enterprise capital, which constitutes the margin of buffer for

    maturing obligation within the ordinary operating cycle of

    business.

    Working Capital is most important part of every

    business unit. These should be enough working capital in

    business. Generally working capital is considered as

    different between current assets and current liabilities.

    In Turbo Bearing Pvt. Ltd. they have ideal ratio of

    working capital as follows.

    Working Capital = Current Assets Current liabilities

    = 18,64,55,780 8,12,40,000

    = 10,52,15,780

    FIXED CAPITAL MANAGEMENT

    Fixed capital is that capital which is used for long time

    period. This capital is not purchased for selling purpose but

    they are purchased to use it. Fixed capital include land,

    building, machinery etc. These all assets are purchased for

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    long time period. To keep it for long time and to use it in

    best way company requires to manage it.

    Turbo Bearing Pvt. Ltd. has fixed assets of Rs.32,47,56,300 and they used it at best way.

    Turbo Bearing Pvt. Ltd. has adopted straight line

    method for count depreciation on fixed assets.

    PROFITANDLOSSACCOUNT

    Profit and loss account of year ending 31/03/05

    Particular Amount Particular Amount

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    Salary And Wages 66,12,000 GROSS PROFIT

    7,08,35,600

    Administration Exp. 1,22,06,000 Indirect income 45,56,200

    Advertisement Exp. 92,87,000

    NET PROFIT 4,72,86,800

    7,53,91,800

    7,53,91,800

    BALANCE SHEET

    Balance Sheet as on 31/03/05

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    Liabilities Amount Assets Amount

    Owner Capital 14,88,68,000 Fixed Assets

    32,77,56,300

    General Reserve 8,12,00,000 Current Assets 18,64,55,780

    Secured Loan 12,60,56,000

    Unsecured Loan 5,56,26,000

    Current Liabilities 8,12,40,000

    Provision 2,12,22,080

    51,42,12,080

    51,42,12,080

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    SWOT ANALYSIS

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    After gaining an enjoy in the customer home, small markets

    aim for space in the customer here to

    SWOT MEANS:-

    S :- Strength

    W :- Weakness

    O :- Opportunity

    T :-Treats

    STRENGTH:-

    Turbo Bearing Pvt. Ltd. have latest technology.

    Customer benefit is their profit. Innovation in

    technology is their buissness.

    WEAKNESS:-

    Minimum employee in the firm is the weakly.

    OPPORTUNTY:-

    Expand their business in national and international

    level

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    ACHIEVEMENTS

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    Turbo Bearing Pvt. Ltd. was start in 1989 and in 16

    years they have achieve many targets which rarely by other

    company.

    Company was started with only one type if bearing and

    today they are producing many types of bearings. Company

    is also producing original equipments of other products.

    Turbo Bearing Pvt. Ltd. has been awarded for quality

    standard ISO 9001:2000 by BVQI-LONDON accreditation

    body and will soon get TS 16949 certificates.

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    FUTURE PLANS

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    Turbo Bearing Pvt. Ltd. is progressive company. It

    export their product in many countries and it has following

    future plans.

    They have purchased a land in G.I.D.C. Metoda at

    Kalawad highway and they are going to set latest

    machinery and equipments over there.

    They have purchased another building in Aji industrial

    area, and they are going to start producing over there in

    short time.

    They are trying to increase market share in bearing

    market.

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    SUGGESION

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    Turbo Bearing Pvt. Ltd. is well developed company

    and it is doing its job very well but after visiting Turbo

    Bearing Pvt. Ltd. I have minor suggestion in my mind.

    Company need to Start market and opinion of

    customers about their product

    Company need to increase advertisement and sources

    of advertisement

    Company need to increase sales promotion activities

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    CONCLUSION

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    After visiting Turbo Bearing Pvt. Ltd. I feel very glad

    that I had been part of it for sometime. This visit gave me

    much practical knowledge and a very good experience.

    The unit is also enquired with the latest technologies

    and modern machines. The staff workers are also well

    organized and co-operative.

    Looking to the units properly and orderly

    management, I would like to give my best wishes for each

    and every step they take for expansion and attaining a bright

    future.

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    BIBLIOGRAPHY

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    For general in formation

    - Companys Website www.turbobearings.com

    For other information :

    Marketing Management

    -Philip Kotler

    Personnel Management

    -C.B. MomariaPrinciple And Practice of Management

    -L.M. Prasad

    Financial Management

    -Khan and Jain

    http://www.turbobearings.com/http://www.turbobearings.com/