1

INTRODUCTION ABOUT TRAINING

1.1 INTRODUCTION
Training is a process of learning a sequence of programmed behavior and

is an

application of knowledge. It gives people an awareness of rules and procedures to guide the
behavior and it attempts to improve their performance. Training is a short-term process
utilizing a systematic and organized procedure by which managerial and technical skills are
understood.
Chennai anna University has incorporated institutional training as a component of
bachelor of commerce with computer application. This training programmer is designed with
a view to enable the students to have an exposure and work experience in the practical field.
As a student of MBA, we have undergone training in MADURA STEEL INDUSTRIES
(P) LTD.., Dindigul for a period of fifteen days. Here we are submitting the report of the
industrial training in which detailed working experience that we have gained during the
training in various departments in this industry is presented.

Training is the process of increasing the knowledge and skills for doing a particular job.
It is an organized procedure by which people learn knowledge and skills for a definite
purpose. The purpose of training is basically to bridge the gap between job requirements and
completeness of an employee. Training is aimed at improving the behavior and performance
of a person. It is never ending process. Training is closely related with education and
development but needs to be differentiated from these terms.

1.2 DEFINITION
Training is a process by which the attitudes, skills and abilities of employees

to

perform specific jobs are increased. On the other hand education is the process of increasing
the general knowledge and understanding of employees.

1.3 NE3CESSITY OF TRAINING

Training is required on account of the following reasons.
Employees selected for a job right take the qualifications required to perform
the job effectively new and in experienced employees require detailed instruction for
effective performance on the job.

Job requirement
Technology changes
Technology changes very fast, automation and mechanization are being
increasingly applied in office and service sector increasing use of fast changing techniques
requires training into new technology.

Organizational viability
In order to service and grow, an organization must continually adapt itself to
the changing environment with increasing economic liberalization and localization in India.
Business firms are experiencing the expansion growth and diversification in order to face the
international competition to the firms which must upgrade their capabilities.

Internal ability

Training becomes necessary, when an employee moves from one job to another
due to promotion and transfer. Employees chosen for higher-level jobs need to be trained
before they are asked to perform the higher responsibilities. Training is widely used to
prepare employees for higher level jobs.

1.4 Importance of training

As well planned and well executed, training program can provide the following
advantages.

Higher productivity
Training helps to improve the level of performance of trained employees
perform better by using better method of work. Improvements in manpower productivity in
developed nations can be attributed by educational and industrial training programme.

Better quality of work

In formal, the best methods are standardized and taught to employ to ensure
uniformity of work methods and procedures, which helps to improve the quality of product or
service. Trained employees minimize operational mistakes.

Improvement in efficiency
A systematic training programmer helps to reduce the time and cost involved
in training. Employees can improve their label of performance through this inductive training.
They need not waste their time and efforts in learning through trial error method.

Cost reduction
Trained employees make more economical use of materials and machinery
reduction is wastage and spoilage together with increase in productivity which helps to
reduce the cost of operations per unit. Maintenance cost is also reduced due to minimum
machine break downs and better handling of equipments. Plant capacity can also be put to the
optimum use.

Reduced supervision

Well-trained employees tend to be self-reliant and motivated. They need

control. Therefore, supervisory burden is reduced and the span of supervisions can be
enlarged.

Low accident rate

Trained personnel adopt the right work methods and make use of the
prescribed safety devices. Therefore the frequency of accident is reduced. Health and safety
of employees can be ensured.

High morals
Training enlarges the knowledge and skills of the participants. Therefore welltrained personnel can grow faster in their career. Training prevents obsolesce centre of
knowledge and skills trained employees are more valuable asset to any organization. Training
helps to develop people for promotion to higher posts and to develop future managers

Organizational climate
A sound training programme helps to improve the climate of an organization.
Industrial relations and discipline are improved therefore decentralization of authority and
participative management can be introduced resistance to change, which can be loaded less.
Organizations which are having regular training programmers can fulfill their needs for
personnel of internal sources. Organizational stability is enhanced because training helps in
reduction of employee turnover and absenteeism.

1.5 OBJECTIVES OF THE TRAINING

1. The main objectives of training may be defined as follows
2. Importance to new entrants the basic knowledge and skills required for efficient
tasks
3. To assist the employees to function more effectively in their present positions by exposing
the skills which they would required in their particular fields

4. To build up a second line of competent officers and prepare them to occupy more
responsible positions

1.6. SCOPE OF THE TRAINING

1. The training gives a knowledge and capacity to the trainee in respective field.
2. Trainee has been easily placed in the job with one of the job trainings.
3. The persons are to be motivated and refreshed by training.

1.7 LIMITATION OF THE TRAINING

1. Companies are maintaining the secrecy in their financial performance, so
trainees
are unable to study the financial matters.
2. The training period is very short, then not able to have elaborate study.

2.1INDUSTRY PROFILE
India has emerged as the fourth largest steel producing nation in the world, as
per the recent figures release by World Steel Association in April 2011. In 2010, India
was the 5th largest producer, after China, Japan, USA and Russia had recorded a
growth of 11.3% in steel production as compared to 2009. Overall domestic crude
steel production grew at a compounded annual growth rate of 8.4% during 2005-06 to
2009-10. The Indian steel industry accounted for around 5% of the worlds total
production

in

2010.

Total crude steel production in India for 2010-11 was around 69 million
tonnes and its expected that the crude steel production in capacity in the country will
increase to nearly 110 million tonne by 2012-13. Further, if the proposed expansion
plans are implemented as per schedule, India may become the second largest crude
steel

producer

in

the

world

by

2015-16.

The demand for steel in the country is currently growing at the rate of over
8% and it is expected that the demand would grow over by 10% in the next five years.
However, the steel intensity in the country remains well below the world levels. Our
per capita consumption of steel is around 110 pounds as compared to 330 Pounds for
the global average. This indicates that there is a lot of potential for increasing the steel
consumption in India.
8

2.2 Immense growth potential in Indian Steel Sector

Domestic crude steel production grew at a compounded annual growth rate of 8.4% in
the last few years.

Crude steel production capacity of the country is projected to be around 110 million
tonne by 2012-13.

222 Memorandum of Understandings (MOU) have been signed with various states for
planned capacity of around 276 million tonnes by 2019-20.

Investments at stake are to the tune of $187 billion in the Steel sector.

Increase in the demand of steel in India is expected to be 14% against the global
average of 5-6% due to its strong domestic economy, massive infrastructure needs and
expansion of industrial production.

Demand of steel in the major industries like infrastructure, construction, housing,

automotive, steel tubes and pipes, consumer durables, packaging and ground
transportation.

Target for $ 1 trillion of investments in infrastructure during the 12th Five Year Plan.

Infrastructure projects (like Golden Quadrilateral and Dedicated Freight Corridor)

will give boost to the demand in the steel sector in near future.

Projected New Greenfield & up-gradation of existing Airport shall keep the
momentum up.

Increased demand of specialized steel in hi-tech engineering industries such as power

generation, automotive petrochemicals, fertilizers etc.

2.3 AN OVERVIEW OF STEEL SECTOR

Global Scenario | Domestic Scenario | Production | Demand - Availability
Projection | Steel Prices | Imports | Exports |Levies on Iron & Steel | Opportunities for growth
of Iron and Steel in Private Sector
9

 Global Scenario

In 2011 the world crude steel production reached 1518 million tonnes (mt) and
showed a growth of 6.2% over 2010. (Source: World Steel Association or WSA)

China remained the worlds largest crude steel producer in 2011 (684 mt) followed by
Japan (108 mt), the USA (86.4 mt) and India (72.2 mt; prov) at the 4th position (72.2
mt).

The WSA has projected that global apparent steel use will increase by 3.6% to 1422
Mt in 2012, following growth of 5.6% in 2011. In 2013, it is forecast that world steel
demand will grow further by 4.5% to around 1486 Mt. Chinas apparent steel use in
2012 and 2013 is expected to increase by 4% in both the years. For India, growth in
apparent steel use is expected to grow by 6.9% in 2012 and by 9.4% in 2013.

Per capita finished steel consumption in 2011 is estimated at 215 kg for world and 460
kg for China.

Domestic Scenario

The Indian steel industry has entered into a new development stage from 2007-08,
riding high on the resurgent economy and rising demand for steel.

Rapid rise in production has resulted in India becoming the 4 th largest producer of
crude steel and the largest producer of sponge iron or DRI in the world.

As per the report of the Working Group on Steel for the 12 th Plan, there exist many
factors which carry the potential of raising the per capita steel consumption in the
country, currently estimated at 55 kg (provisional). These include among others, an
estimated infrastructure investment of nearly a trillion dollars, a projected growth of
manufacturing from current 8% to 11-12%, increase in urban population to 600
million by 2030 from the current level of 400 million, emergence of the rural market
for steel currently consuming around 10 kg per annum buoyed by projects like Bharat
Nirman, Pradhan Mantri Gram Sadak Yojana, Rajiv Gandhi Awaas Yojana among
others.
10

At the time of its release, the National Steel Policy 2005 had envisaged steel
production to reach 110 million tonnes by 2019-20. However, based on the
assessment of the current ongoing projects, both in greenfield and brownfield, the
Working Group on Steel for the 12 th Plan has projected that the crude steel steel
capacity in the county is likely to be 140 mt by 2016-17 and has the potential to reach
149 mt if all requirements are adequately met.

The National Steel Policy 2005 is currently being reviewed keeping in mind the rapid
developments in the domestic steel industry (both on the supply and demand sides) as
well as the stable growth of the Indian economy since the release of the Policy in
2005.

2.4 Production

Steel industry was delicensed and decontrolled in 1991 & 1992 respectively.

Today, India is the 4 th largest crude steel producer of steel in the world.

In 2011-12 (prov), production for sale of total finished steel (alloy + non alloy) was
73.42 mt.

Production for sale of Pig Iron in 2011-12 (prov), was 5.78 mt.

India is the largest producer of sponge iron in the world with the coal based route
accounting for 76% of total sponge iron production in the country (20.37 mt in 201112; prov.):

Last five year's production for sale of pig iron, sponge iron and total finished steel
(alloy + non-alloy) are given below:

Indian steel industry : Production for Sale (in million tonnes)

Category

2007-08

11

2008-09

2009-10

2010-11

2011-12*

Pig Iron

5.28

6.21

5.88

5.68

5.78

Sponge Iron

20.37

21.09

24.33

25.08

20.37

Total Finished Steel (alloy + non alloy)

56.07

57.16

60.62

68.62

73.42

Source: Joint Plant Committee; *provisional

2.5 Demand - Availability Projection

Demand Availability of iron and steel in the country is projected by Ministry of

Steel in its Five Yearly Plan documents.

Gaps in availability are met mostly through imports.

Interface with consumers by way of a Steel Consumers Council exists, which is

conducted on regular basis.

Interface helps in redressing availability problems, complaints related to quality.

2.6 Steel Prices

Price regulation of iron & steel was abolished on 16.1.1992. Since then steel prices
are determined by the interplay of market forces.

Domestic steel prices are influenced by trends in raw material prices, demand
supply conditions in the market, international price trends among others.

12

An Inter-Ministerial Group (IMG) is functioning in the Ministry of Steel, under the

Chairmanship of Secretary (Steel) to monitor and coordinate major steel investments
in the country.

The Government also took various fiscal and other measures for stabilizing steel
prices like significant reduction in import duties o n steel, major raw materials,
including mineral products and ores and concentrates in last few years. Also, excise
duty for steel is currently at 12%. The government has also imposed export duty of
30% on iron ore fines and lumps in order to control ad-hoc exports of the mineral and
conserve it for long term requirement of the domestic steel industry.

For ensuring quality of steel several items have been brought under a quality control
order issued by the Government. The matter to bring more steel items under this order
is under examination.

2.7 Imports

Iron & steel are freely importable as per the extant policy.

Last five years import of total finished steel (alloy + non alloy) is given below:-

Indian steel industry : Imports (in million tonnes)

Category

Total Finished Steel (alloy + non alloy)

2007-

2008-

2009-

2010-

2011-

08

09

10

11

12*

7.03

5.84

7.38

6.66

6.83

Source: Joint Plant Committee; *provisional

2.8 Exports

Iron & steel are freely exportable.

13

Advance Licensing Scheme allows duty free import of raw materials for exports.
Duty Entitlement Pass Book Scheme (DEPB) was introduced to facilitate exports.
Under this scheme exporters on the basis of notified entitlement rates, are granted due
credits which would entitle them to import duty free goods. The DEPB benefit on
export of various categories of steel items scheme is currently applicable for steel
exports.

Last five years export of total finished steel (alloy + non alloy) is given below:-

Indian steel industry : Exports (in million tonnes)

Category

2007-

2008-

2009-

2010-

2011-

08

09

10

11

12*

5.08

4.44

3.25

3.64

4.04

Total Finished Steel (alloy + non

alloy)

Source: Joint Plant Committee; *provisional

2.9 Levies on Iron & Steel

SDF levy
This was a levy started for funding modernisation, expansion and development of
steel sector. The Fund, inter-alia, supports :

14

o Capital expenditure for modernisation, rehabilitation, diversification, renewal

& replacement of Integrated Steel Plants.
o Research & Development
o Rebates to SSI Corporations
o Expenditure on ERU of JPC

The SDF levy was abolished on 21.4.94

Cabinet decided that corpus could be recycled for loans to Main
Producers
Interest on loans to Main Producers is set aside for promotion of R&D on steel etc.
An Empowered Committee has been set up to guide the R&D effort in this sector.
EGEAF Was a levy started for reimbursing the price differential cost of inputs used
for engineering exporters. Fund was discontinued on 19.2.96.

2.10 Opportunities for growth of Iron and Steel in Private Sector

The New Industrial Policy Regime
The New Industrial policy opened up the Indian iron and steel industry for
private investment by (a) removing it from the list of industries reserved for public
sector and (b) exempting it from compulsory licensing. Imports of foreign technology
as well as foreign direct investment are now freely permitted up to certain limits under
an automatic route. Ministry of Steel plays the role of a facilitator, providing broad
directions and assistance to new and existing steel plants, in the liberalized scenario.
15

16

COMPANY PROFILE

COMPANY NAME

: Madura steel industries pvt ltd

17

BUSINESS TYPE

Training company

PRODUCT LINE

rough machined steel and stainless

Steel casting

ADDRESS

Madura steel industries (P) ltd.,

Collect rate post, dindigul-624004,
Thailand.

TYPES OF OWNERSHIP

Private ltd company

BANKER

Indian overseas bank

NO OF SHARE HOLEING PARTNER : 15

Table labour turnover

Skilled

240

un Skilled

48

Production

280

Office administration

13

Permanent

192
18

Consult workers

24

Officials staff

11

3 .1. COMPANY PROFLE

Madura steel industries (p) ltd was established in the year 1987. It has been grown
by virtue of its quality and performance. It has catered the needs of various Indian industries
like energy sector, mining chemical and defiance sectors.
Quality is the culture at madura steel in every stage of its steel making right from the
raw material analysis to dispatch. The company is well equipped with pattern shop, machine
shop and quality control department which include testing lab, chemical lab, destructive and
non destructive testing facilities rising step by step and achieving excellence through quality
at every stages. It satisfied the customers through defense, NLC, BHEL, port trust, railways,
and petrochemicals etc...

3.1.1 Social Objectives

They are giving lot of employment opportunity for both men and women from all the
villages in and around the company.

3.2 Mission

To manufacture a quality product at the affordable cost.

Reduce procurement cost

Increase overall productivity

3.3 Miles stone

ISO 9000:2000 certifications have been issued on 08.02.2002 by TUV India

ltd..,
19

India.
Firm approved to manufacture castings for pressure equipment directive by TUV
India ltd.., India.
Firm approved to manufacture castings under IBR 1950 by inspectorate of
Boilers, India.
Firm approved to manufacture castings under DGQA, ministry of defense, India.
Firm approved to manufacture castings for nuclear power corporation India.
Firm approved to manufacture castings for engineers India ltd.., India.
Firm approved to manufacture castings for NTPC India.

Developed 100% radiographic, hydro gas suspension casing castings to C.V.R.D.E

Chennai. The machined castings has to withstand 800 bar pressure (800 kg/sq.cm).

This
casting is used as suspension for the main battle tank of Indian army.
developed 100% radiographic drum castings to C.V.R.D.E Chennai. The costing has
to
With stand very high torque. The U.T.S value is about 100kg\sq.mm.this intricate
Casting has close as cast dimensional tolerances.
100% radiographic, high pressure value body (unto 5000lbs) casting developed and
Supplied to m/s. AUDCO India ltd-Chennai B.H.E.L-Trichy, K.S.B.pumpscoimbatore.

3.4. CUSTOMERS OF MADURA INDUSTRY

AUDCO India limited Chennai India.

Devon machines (p) ltd, Chennai India.
Bharat heavy electrical ltd, trichy India.
Combat vehicle research & development establishment, Chennai, India.Kirloskar

pneumatic co. ltd, pune, India.

KSB pumps limited, Coimbatore, India.
Larsen & toubro limited, Chennai, India.
UT limited, kolkata, India.

3.5. MISSION
20

To achieve 4000 tons production per year.

To attain the ISO 14001-environment management system.
To produce weight of 2000kg for single cast.

3.6. VISSION
To increase our production level
To develop the product quality
To get more profit in every month

.3.7. ORGANISATIONAL STRUCTURE

21

3.8. ENVIRONMENT POLECY

Madura steel industry believes in creating a safe and clear global environment,
Towards this end, the company dedicates itself. It aims at a controlled environment in
and

the factory.

Safe and healthy working environment.

Continuous improvement in quality of its environment through efficient use

of Resources continuous analysis of market and prevention of pollution.

Complete applicable statutory environment.

22

Combat vehicle components like hydro pneumatic suspension casing, axle arms
Sprocket, rim wheels and hubs and track adjusters accepted through stringent
Specification of both dimensional and metallurgical aspects.

3.9. QUALITYPOLICY AND CONTROL FACILITIES

The company aim is to fulfill the customers needs and expectations by
supplying the
. Right casting at time and at the right price.
We shall accomplish this

By implementing the planned and systematic activities within our quality control
System.

By using national /international standards quality procedures issued by the

Customers.

By using the right raw material and equipments from the reliable vendors.

By using quality consciousness co-operation of all employees.

3.10. TEST EQUIPMENTS

Test lab is well-equipped lab with sand rammer universal strength Machine sieve
spanker moisture teller and permeability meter etc...

Chemical analysis lab

It is well equipped lab with modern physic chemical instruments like C&S
Apparatus, desktop metals analyzer with argon flushed spectra meter model scan
23

2000F and digital micro balances.

Tensile universal testing machine capacity 40 tons periodically calibrated. Hardness
Brine (187.5-3000kg) Rockwell A,B&C scales, portable hardness testers.
Impact charpy and IZOD pendulum type with necessary gauges calibrated
Periodically.
Metallographic- is well equipped lab with camera attached microscope. Specimen
Mounting and polishing machines.
Corrosion test intergranular corrosion studies as per ASTM 262 practices with
Necessary apparatus. Radiography is permanently stationed iridium -192 portable
Cameras with remote facilities. Ultrasonic flaw detector with different type of probes to
Study any profiles. Magnetic particles prod method (both dry and wet)in the range of
2000 amps.

Metrology surface table 1 meter length with necessary instruments & gauges periodically
calibrated. Pattern shop well equipped with necessary instruments & gauges
Periodically calibrated. Patten shop well Equipped with Modern Wood working machines and
tool .Finance 1000 kg capacity-1 no and 750 capacity-1 no.
Infection melting furnace electro herm Makes single piece casting weight 600
kilogram for RT Quality casting and 900 kilogram for general engineering castings.
Molding green sand ,CO2 is the process and synthetic resin process, fettling power saw,
Abrasive cut off, Swing frame Grinders, Heavy Duty Gas is cutting,
Gouging Equipments & shot blasting machineries.
Heat-treatment Both electrically operated & oil fired Health Furnaces with temperature.
Controllers periodically calibrated machining. Well equipped machine shop to machine
castings to close tolerance.

TECHNOLOGY AUTOCAD
Computer systems are facilitated for design and development processes.

24

3.11 CASTING SPECIFICATION CHART

S.NO TYPE

APPLICATION
INTERNATIONAL
SPECIFICATION

Carbon steel castings Eng. purpose carbon

Various grades of ASTM A 27/IS

steel casting for fusion weld & high

1030/BS 3100Gr.A1 to A4

temperature services.

ASTM A216 WCA,WCB,WCC/BS

1504-161 Gr.430/IS 2856

Steel casting for surface hardening, Low

GS42CM04,35Xh2M2,IS 2707 Gr.1 &11

Alloy Strength steel castings

ASTM A-148 Gr.90-60 Gr.115-95

25

DEPARTMENTS

Purchase department

Production department
26

Quality control department

Department in
Madura steel
Industries (p) ltd
Marketing department

Finance department

Personal department

4.1 PURCHASE DEPARTMENT

Purchase department plays a vital role in ensuring the availability of right material at
right time and to the right place at a reasonable cost. It carries out the primary responsibilities
of the organization in an efficient and effective economical manner.
Material department of any other organize function. It has the same kind of
responsibilities and duties of purchase and inventory control department also ensure that the
materials which provided are taken care of the duties of the department, when it gets the
purchases requisition from other department, it is very careful in achieving its

27

objectives.

The function of their department is to procure the raw materials from the local vendors and
dispatch it to production.
Purchase department of madura steel industries has prepared the purchase order, as
soon
as the production department informs about their requirement in a form called material
requisition form. Vendors are asked to send quotations to the company. If the quality and
price are acceptable by the firm, purchase department places an order by sending the
purchase order containing information.

4.2 QUALITY TEST

Quality test is carried out after the bulk supply is received and then raw materials are
sent to the warehouse.

4.2.1. FUNCTIONS OF PURCHASE DEPARTMENT

Maintain optimum level of stock in order to avoid wastage, scrap and obsolescence.
Keep in contact with user department to ensure that quality supplied to them to
specified standards.
To maintain good vendor relationship, they follow FIFO method and ABC analysis.
Annual plan for essential goods and store and store in the warehouse.

Regular and irregular moving item, lubricant, oil, belt, etc all regular moving items.

4.3. PRODUCTION DEPARTMENT

Raw materials are converted into finished goods in production department.

Quality products should be manufactured at a minimum cost.

Effective utilization of resources.

4.3.1. PLANT LAYOUT

28

Position of machine is determined at a definite stage or place.

Materials are transformed into products through series of integrated operation.

* Machines are placed along the product low line.
* Preferred for continuous product.

4.3.2. TYPES OF PRODUCTS

Turner cutter

Gateway body

Wedge gate value yoke

Regulating value yoke

Cylinder guide(L&T)

Stop value body

Drum, disc, yoke clamp

Gate value yoke

Packaging material and raw material are sent to lab for quality testing. In case of damage
or defects, it will be sent to the raw material room and tested and then raw materials will be
sending to production

4.3.3. PROCESS

29

They allocate the product various grade A, grade B, grade product. So the main
Function is to plan according to the customer needs and gives it into manufacturing unit

PRODUCTION PROCESS
Fitting
Casting
.

raiser

runner

indicate carbon low

Alloy steel

stainless steel

Uneven

even

Smoothness
Drawing

dimension

Pattern shop
Moulding

Silicon sand
Using coating
Zink consent

4.3.4. LOAD TIME

30

Load time for receiving raw material is 10 days after passing purchase order.

Manufacturing unit sends material requisition form to the purchase department for
purchasing the raw materials which arrives to the warehouse where the production
starts.

4.3.5. MAINTANANCE
It maintains safety and good environment in the company. Preventive measure is
taken

place before any breakage occurs because it is a continuous process. If one machine

stops

the production will be stopped. So preventive maintenance is carried out in the

organization.

4.3.6. LOCATION OF WAREHOUSE

Location of warehouse is very important for every organization in madura industries
Pvt .ltd. warehouse is located inside the company.

4.3.7. ADVANTAGES

Availability of raw material

Availability of labour

Suitability of climate

Availability of water and pomes

Disposal of wastage etc

Quantity of amount productivity

4.4. QUALITY CONTROL DEPARTMENT
Quality is some prescribed desired characteristic present in raw material semi finished
or finished item. It is a relation term generally used with reference to the end plot via fitness

31

for the purpose degree of preference degree excellence fulfillment of the promises made to
the customer.

4.4.1. QUALITY OF DES IGN

Quality control is of great value both to the produce and customer it helps in solving
many manufacturing problems which could not be solved otherwise.

4.4.2. QUALITY CONTROL MEASURES

Before the manufacturing take place raw materials and packaging materials must be
tested by means of chemical analysis and various test. Send testing, chemical analysis,tensile,
handiness, impact, metallographic, corrosion test, radiography, magnetic particle, metrology.

4.4.3. FINISHED PRODUCT TESTING

For testing the finished product, they consider each and every product and they should
follow the summing method.

4.4.5. QUALITY POLICY

Madura steel industry Pvt. Ltd., companys aim is to fulfill the customers needs and
expectations by supplying the right castling at time and at the right place. They implement the
planned and systematic activities within our quality control system.
They bring the right raw material and equipment from the reliable vendors. If has
quality consciousness, co-operation of all the employees.

4.5. MARKETINING DEPARTMENT

Marketing is typically seen as task of cresting promoting and deliver goods and
services to consumer and business marketing managers seed to influent the level, timing and
consumption demand to meet the organization.
32

Marketing department represents the marketing concepts in action. Replanted demand

management under

customer oriented marketing philosophy which involves planning,

implementing and control of marketing programmers included in the process of marketing.

4.5.1. PRICE

They fix the price of the product according to the quality of the product.
The price for each product should be deferred according to the category.

4.5.2. PLACE
In this company they involve direct selling to the customer.

4.5.3. PRODUCT

They manufacture many types of product according to their customer needs and

wands.
The companys main aim is to use the raw material optional in production.

4.6. PERSONNEL DEPARTMENT

Proper management of personnel enhances their dignity by satisfying their social
needs by providing a healthy environment. It promotes teamwork in employees. Its goals the
management of man is very important and challenging job.
The main function of personal department in the company

Maintain a healthy work culture that improves employees satisfaction.

To improve productivity of workers.

To maintain work force at optimum level.

4.6.1. WORK TIMES

In this company they have a shift

7 AM to 3 PM

3 AM to 11 PM
33

 11AM to 7 PM

4.6.2. VARIOUS FACILITIES OFFERED BY THE COMPANY

The company is offering various infrastructural facilities to the employees welfare.

The employees are properly utilizing the offered services given by the company
without monitory benefit.

4.6.3. DRINKING WATER

The company is providing drinking water facilities through water tap from tanks
which are chlorinated periodically.

4.6.4. MEDICAL FACILITY

Whenever the employees are needed medical facilities, the company will provide.

4.6.5. COMMUNUCATION FACILITIES

Once in a week, conducting meeting for workers will easily communicate and
represent their problem through open door policy.

4.6.6. BONUS
Bonus is paid to all the employees is obligatory as per bonus etc...

4.6.7. LABOUR WAGES

They are giving more employment opportunity only to the unemployed women and
men from all villages in and around the unit. They are getting on the job training and the
wages are to be paid as per the labour Act.

4.6.8. OTHER BENEFITS

The company already provides the employees of the company various facilities,
34

Besides the company offers a reasonable degree. Comfort to the well being of the
Employees.

provident funds

annual leave

national festival (holidays)

4.7. FINANCE DEPARTMENT

Finance department is that managerial activity which is concerned with planning and
controlling of the firms financial resources. It is handling the company cash receipt
expenditure, prepared budgets and is planning with working capital and operating expense
and controlling the all monitory activities which are involved in the organization.
The exact nature of the organization for financial management will differ from firm to
firm. It will depend on factors such as the size of the firm. Nature of business financing
capabilities of the firm is financial officers and the most importantly on the financial
philosophy of the firm the below structure reveals that the finance function is one of the
major functional and manager and other staff members are under the control of directors.

4.7.1. SOURCES OF FUNDS

Source of funds may be two types

short term loan

long term loan

According to madura steel industry (p) ltd. It acquires loan and other dealings from bank
Like Indian overseas bank

4.7.2. BUDGET
The budget is a forecasting or revenues and development in a resourceful
manner. This is a controlling too to drive the company towards target.

3.7.3. SHORT TERM LOAN

Budget prepared for short durations two or three years is called short term
budget. It is usually prepared by industries which are manufacturing customer goods.

35

4.7.4. INSURANCE
Insurance is a strategy of processing risk to the insurer company. The various
risk covers by the company is listed bellow

raw material

building

fire

earthquake

break down and burglary theft

4.7.5. DEBTS COLLETIONS
o In this firm debtors will be colleted by the administration.
o All the frame report is mainly recorded in the system each and every
transaction, the system. Whenever they want any information, the system will
give immediate results

Flow chart
Raw
martial
Fitting tested raw material

Pattern shop

Molding

Heat- treatment

Finished
product
Visual inspection

Release the product

Packaging
Sales

36

4.7.7 CHECK VALVE

Check valves are self-actuated valve which used to prevent backflow. There are
various types of check valves used in a wide variety of applications, such as
diaphragm check valve, piston check valves, swing check valve. Check
valves are often part of common household items. Although they are
available in a wide range of sizes and costs, many check valves are very
small, simple, and/or cheap.

API CHECK VALVE

Product Description Product name: API Check Valve Product
classification: API Jis Check Valve Company has acquired certificates
of API - 6D, AZ, ISO9001: 2000(CQC) Design manufacture: ANSI
B16.34 Structural length: ANSI B 16.5 Testing and trial: API 598
API16D

API VALVE (API APPROVED)

Product Description Swing Check Valve Raw material: Carbon steel, alloy steel,
stainless steel Check Valve material: WCB, A105, CF8, CF8M, CF3, CF3M, F304, F304L,

37

F316, F316L, WC6, WC9, F11, C5, LCB, LCC, etc. Check valve Standards: API, DIN, GB,
JIS, BS, etc. Check valve Connection end: RF, RTJ...

HYDRAULIC CHECK VALVE

Product Description1) Product Enforced Standard: Design &
Manufacture Std.: API 6D, BS 1868, ASME B16.34 Face to Face Std.: API
6D, ASME B16.10, DIN 3202 End Connection Std.: ASME B16.5, ASME B16.11, DIN25432550, Test Standard: API 6D, BS 6755, ISO5208 Structure Type: Regular Pattern, Presser...

CHECK VALVE
CF8M Cap: CF8 Pin: SS304. Product Description Stainless
Steel

Female

Thread

Swing-Check

Valve

(200WOG)

Description: H14W Nominal Pressure: 2.5 4.0Mpa Main size:

1/2" 3/4" 1" 1-1/4" 1-1/2"2" Materials of main parts: Valve
body: CF8 CF8M Seal ring: PTFE Disc: CF8

38

39

FIELD OF TRAINING
5.1. INTRODUCTION
An organization may produce or buy and sell several products or to perform different
services under the same premises. The modern practice is to divide the organization into
independent departments, each of which may deal in particular class of goods or render a
specialized type of service. For example, a readymade garments firm may be divided in to
textiles, provisions and durable goods departments etc

5.1.1. LOCATION
The entire department is located within a single premise. Branches are located in
different geographical areas physically separated from the head office and one another.

5.1.2. GROWTH
Departments are confined to local business and can grow vertically within same
roof. Branches cater to a wider market and can expand and grow geographically.

5.1.3. ACCOUNTING
Accounting records are centralized and maintained within the same premises for all
the departments. Branches keep records of their operations separately. The head office
consolidates the accounts of all the branches.

5.1.4. INTERNAL OPERATIONS

40

Departments are confined to a single place unless similar organizations are opened.
Branches can be started anywhere in the world. So there can be local and foreign branches.

5.2 OBSERVATIONS

We have gathered details about the materials used for their production.
Machine handling methods and process of production.

We have found out the semi finished goods methods whether it may be qualitative
and percentage of quality.

We got idea about the function method of automatic machineries. We come to

know clock size product exported by the company

We have got experience in finance handling methods and maintenance of book of

Accounts come to know the purchasing procedure adopted by the company.

We have gathered all the details regarding functions of all the department of this
company

5.3 CONCLUSION
We have completed industrial training programmer in the MADURA STEEL
INDUSTRIES PRIVATE LTD, DINDIGUL. From this industrial training we have gathered
practical exposure and knowledge about administrative and production activities of the
concern. During the period of training the higher official who is working in the concern has
provided valuable information about administration. It is very useful to use to capture the job
opportunities in future (or) to start business with the institutional experience. It is very useful to
us to start business or easily captures the job from this experience in future. We have known all
the difficulties faced by the present employees and solvency of the problem in the working
environment from this companys.

41

BIBLIOGRAPHY
Dr.C.B.Gupta, human resource management, sultan chand & sons India
ltd 2005
Rekesh.K.Chopra, management of human resource ,kitab mahal India
ltd 2006.
C.S.Venkata Ratmam, personnel management & human resource,
Tata MC graw-hill publishing company India ltd 2005
N.Thanu lingam, research methodology, Himalaya publishing house
David Ashton, ESRC pacific Asia Programme -1999, Education and
training for development in south in South Asia.
E-MAIL ID:
http://www. Madurasteelindustry .com
http://www.departmentorganize.com
http://www.bsigroup.com

42

S.NO

TITLE

PAG.NO

INTRODUCTION ABOUT TRAINING

INDUSTRY PROFILE

COMPANY PROFILE

16

DEPARTMENTS

25

FIELD OF TRINING

38

CONTENT
Discription
43

Page No

CHAPTER 1
1:1 Introduction

1:2 Definition

1:3 Nescessity of Training

1:4 Importence of Training

1:5 objectives of the Trainning

1:6 Scope of the Training

1:7 Limitation of the Training

CHAPTER 2
2:1 Industry Profile

2:2 Immense Growth Potential in Indian steel Sector

2:3 Anoverview of Steel Sector

2:4 Production

10

2:5 Demand Availability Projection

11

2:6 Steel Prices

11

2:7 Imports

12

2:8 Exports

12

2:9 Levies on Iron & steel

13

2:10 Opportunities for Growth of Iron and Steel in Private Sector

14

CHAPTER 3
3:1 Company Profile

17

3:2 Mission

18

3:3 Miles Stone

18

3:4 Customers of Madura Industry

19

44

3:5 Mission

19

3:6 Vision

19

3:7 Organizational Structure

20

3:8 Environment Policy

21

3:9 Quality Policy and control Facilities

21

3:10 Test Equipments

22

3:11 Casting Specification Chart

23

CHAPTER 4
4:1 Purchase Department

26

4:2 Quality Test

26

4:3 Production Department

27

4:4 Quality Control Department

29

4:5 Marketing Department

30

4:6 Personnel Department

31

4:7 Finance Department

33

CHAPTER 5
5:1 Filed of Training

38

5:2 Observations

39

5:3 conclution

39
Bibilography

45

46