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ACKNOWLEDMENT
Let, me use opportunity to say a word of thanks to all those people who helped
me to bring out this project report.
I express my deep sense of gratitude to my guider ………………………………..
Human Resource Management faculty, The JAIN UNIVERSITY, for his valuable
guidance, frequent supervision and encouragement which I required from him
thought out the preparation of internship report.
My special thanks to my parents and my lovely sister, my close friends and all
my well wishers.
I will extend my regards to all the employees and workers who gave me great
support to carry out this report
STUDENT NAME
INDEX TABLE
1 INTRODUCTION 7−9
3 ORGANIZATION STRCTURE 19
4 ORGANZATIONAL DEPARTMENT STUDY 20−34
7 ANNEXURE 47−50
9 BIBLIGROPHY 54−55
CHAPTER 1
INTRODUCTION
INTRODUCTION
Capacitor industry plays a vital role in the economic development of our
country. This industry is closely linked with the major developments.
In the 21st century, as the population is increasing day by day, the demands for
requirements are also growing But the resources are less to fulfill these
requirements .Power is one of the main requirement but nowadays it’s not
sufficient due to which the power shortage is occurring .Here the industry of
capacitors comes into the picture. This industries produces equipments like low
and high tension capacitor, automatic power factor correction panels, capacitor
Banks, etc. By using this equipment, we can reduce the level of power
consumption
These equipments can be used in any sector where the power consumption is
more, such as agriculture, cement, steel, tool making industries, Electricity
board, Big industries areas, etc. These machines also reduce accidents, short
circuits, etc.
Today the country is by and large self sufficient in respect of these items. Infect,
during the last decade, the industry has made enormous progress and has grown
both in size and diversity. With the growing demand of these equipments this
group of industry is expected to grow in near future.
• Leak proof
ELECTRONIC INDUSTRY
industry was the most protected of all the Indian industries. The country’s
electronics policy strongly favored self-reliance and technology and
capital imports were strongly discouraged. This resulted in the electronics
industry being highly underdeveloped till the late 1980’s. The industry
was very inefficient producing outdated and low quality models at a very
high cost.
India is the fifth largest economy in the world and has the second largest
gross domestic product among the emerging economies. Owing to its
large population, the potential consumer demand is ever increasing and
consequently under appropriate conditions, strong growth performance
can be expected. The liberalization of the Indian economy that began in
1991 has started changing regulatory, financial, and monetary policies
leading to a higher pace of growth. The electronics industry is already a
world leader.
Several new themed zones will make their debut in 2009, reflecting the
latest technological developments in the fast-paced electronics industry,
namely Computer & Peripherals, Digital Imaging, Electronic Gaming
and Healthcare Electronics
CHAPTER-2
COMPANY PROFILE
COMPANY PROFILE
INTRODUCTION
MEHER was founded in 1977 for the production and marketing of low tension
capacitors.
Application of capacitors for power factor improvement was the first step
towards Reactive Power Management (RPM), then a new concept in India.
RPM has, since then, grown to embrace many other functions like regulat ion of
active and reactive power flows, harmonic mitigation and Power Quality (PQ)
enhancement.
MEHER capacitors private limited was registered in Bangalore at 1984 for the
manufactures of low and high voltage capacitors. This organization was situated
in white field where it produced only small range of capacitors.
25kVr was manufactured in January 1988 where the new technology was
established with new plant at Attibele. There was low and high tension
capacitor in 1984, the assembly of panel’s section was started. Later as it grew
in 1994-1995 the assembly of control panels was also started.
The market was initially done by NGEF during 1984-91, since 1993 till date
Larsen and Turbo are carrying it out.
The organization has been awarded with the prestigious certification of ISO
9001:1994 by Mis.BVQI-Bure au Verities Quality International [holding]-SA,
London with effect from January 2001 and the company have been consistently
meeting the requirements of the quality standards in all their activities.
Design, manufacture supply, installation and commissioning and after sales
service of capacitor units, APFC panels, harmonic filters of both L&T and HT
application and custom built products according to customer specification.
PRODUCTS & SERVICE
Better use of the energy MEHER produce is an important way to reduce CO2
emission, by reducing fossil fuel usage. MEHER plays an active role in
protecting our environment by providing efficient solutions in Reactive Power
management.
Manufacturing unit
The company has having a highly equipped and modern manufacturing plant is
in Attibele industrial area which is equipped with state of art production system
and test equipments. MEHER capacitor is 2nd largest capacitor manufacturing
company in Asia.
Collaborators:
Larsen and Turbo presently undertake marketing of the company’s products and
services in India and this has been going on since 15years. L&T has helped
MCPL to achieve high standard and competence.
Branches:
Meher has only branch, which any known as WTK. It is in collaboration with a
German company, which is successfully earning profits.
Meher continues to identify new application areas as constantly as they can. The
company’s products, systems and services have been availed off by diverse
industry such as Textile, Chemicals, and steel etc. due to their widely
manufactured products and being India’s leading manufacturing company, they
are in quest for new industries. The company has also made substantial
deliveries to various state electricity boards and undertakings, both in India and
Abroad.
Employees
The company recognizes that its most valuable a ssets is its PEOPLE and
endeavors to provide to its employees a conducive work environment,
opportunity for updating of competence and constant awareness of customer
satisfaction.
Employees are being trained properly in every field so that they will be abl e to
work in any field. Every year, a training calendar is prepared for the better of
work.
Social Obligation
Meher plays a vital role to various social institutions to help poor and needy.
They conduct seminars in various institutions time to time to make the students
and people aware about the need and importance of the products to reduce the
consumption of power.
Team work
Teamwork is the ability to together towards the common vision. It’s the ability
to direct individual accomplishment towards organizat ional objectives. It’s a fuel
that allows common people to attain uncommon results. In Meher the teamwork
is outstanding and thus, their achievements are excellent. The company’s goal for
equity, efficiency and customer satisfaction are met through teamwork and
continual quality improvement.
Infrastructure facilities:
FACILITIES AVAIALABLE FOR MANUFACTURING OF MATERIALS
ARE
✓ Spraying machine is used for spraying the zinc on the top and bottom part
of winded material
MEHER AS LEADER
• The company’s goals for quality, efficiency and customer satisfaction are
met through teamwork and continual quality improvement.
TYPES OF CAPACITORS
MD XL ULTRA CAPACITORS HEAVY
DUTY CAPACITORS
In addition to high quality from its own factories, L&T seeks out the best in
reactive power management and power quality products from companies who
meet its benchmark and offers these products in the Indian market.
Reactive power management and power quality products from meher are part of
the world-class products offered by L&T.
MEHER is a 30years young Indian organization engaged in manufacturing of
RMP & PQ products and systems. It is an ISO-9001:2000 BEQ1 certified
manufacturing company. It has global state of art design & manufacturing
facilities.
MEHER has the largest installed base of RPM & PQ products and system in
India and has a significant global presence. MEHER is also the largest suppliers
for power factors correction capacitors in India.
Meher manufactures all type capacitors designs in both low & medium voltage
customers set the widest choice of products, system and total solution in RPM
&PQ.
L&T –Meher views its role as a complete solution provider for RPM&PQ by
not only offering products and system but also service such as harmonic &
reactive power flow studies through the vast and large st network of expert
service providers in India.
L&T-Meher also offers training programme for RPM&PQ at its training. L&T –
Meher is committed to the market in the field of RPM&PQ by providing end
to end solution.
CHAPTER-3
ORGANIZATONAL STRUCTURE
ORGANIZATIONAL CHART
Board of Directors
CHAPTER-4
Managing Director
GeneraI Manager
Finance Manager
Supervisor
Accountants CIerks
WORKING CAPITAL MANAGEMENT
TRADE CREDIT
Trade credit refers to the credit extended by the suppliers of goods and services
in the normal course of transaction/business/ sale of the firm according to trade
practices; cash is not paid immediately for purchases but after an agreed period
of time. In case of Meher capacitor credit the suppliers allow period with in
30days.
2. DEPRECIATION
Depreciation on fixed assets has been calculated on the straight line method at
the rates specified in schedule XIV of the companies Act 1956
3. INVENTORIES
Raw materials & work in process are valued at cost. Finished goods are valued
at cost or net realizable value whichever is less
4. INVESTMENT
Investment are valued at cost
5. RETIREMENT BENEFITS
Gratuity is provided as per opinion 2 of the LIC group gratuity scheme PF
payable is accounted and paid to the provident fund commissioner
6. BORROWING COSTS
Borrowing cost including interest and other expenses for specific borrowing of
funds that are attributing to acquisition, construction and fabrication of fixed
assets are capitalized till they are put to use.
1. GENERAL
Accounting policies not specificall referred to conform to t e generall
accounting practices.
PRODUCTION FUNCTION
S TRUCTURE OF PRODUCTION
Managing Director
For each and every category different planning is made. All the category raw
material they will prepare indent and give it to purchase department.
Then the purchase dept, material dept and other dept of production dept will
discuss with general manager technical then will take decision about the
procurement. Material requisition note is given to purchase department for the
procurement process.
Purchase department will select the suppliers who are approved by ISO for the
selected the suppliers. The orders will be placed, whatever material procured it
will be the inspected then whatever defected material found will be rejected
note will be issued.
Material department will discuss with other department in the production dept
and according to the previous requirement and production advancement,
decision is made procure material.
Stores department has separate storerooms in which materials, finished goods
are stored and also storerooms designed such a way that raw material can be
used easily.
For the purpose of motivation they have made approach called “team leader”
i.e. in each production process a team leader is made and testing him
responsibility and authority to achieve standard goals.
Managing Director
Managing Director
System Engineering−1System Incoming MateriaI Finished Goods
Engineering−2 stores Stores
AGM MKT
Assistant Manager
Christopher B
MKT Dept
SaIes Executives
CHANNELS OF MARKETING
They also have for online service or transaction basically the company follows
two types of marketing channels they are direct selling and marketing with L&T
Company.
Direct selling-
L&T company–
They basically collaborate with L&T marketing company to sell their products.
PACKAGING
Sticking company’s name to that product does packaging of the product very
prominently and also attractively.
PRICING STRATEGIES
Pricing will made according to the market situation and market demand for the
product.
Price will also depend on the cost of the raw material in the present market and
the overheads of the company. They also do not compromise quality and
customer satisfaction.
PROMOTIONAL STRATEGIES
Advertisement is the main tool for the purpose of promotion. Those are
Magazines
Newspaper
Hoardings
Electronic media-internet.
Basically marketing information and intelligence is done by the sales force and
AGM of marketing department of the company.
INTRODUCTION
To develop an organizational culture where superiors subordinate relations,
teamwork and collaboration among different sub units must be strong and
contribute to the organization health, dynamism and employees pride.
In short Human Resource Department aims at helping people to acquire
competencies required performing their functions well and make their
organization do well. Thus the Human Resource Department has become very
popular in the last decade and especially the Human resource network of human
resource development. In an organization and a profession b ody the
advancement of knowledge skill, value and attitude in human resource
development are done through education, training and sharing experience.
ADMINISTRTION
Management trainees
Campus selection
Vacancies to be filled by recruitment in department will be notify to the personnel
department in employment requisition form, on respect of which personnel
department will take steps for recruitment of personnel after o btaining approval,
if any from the competent authorities.
Group D- Operators/workers.
Grievance
A grievance means a complaint affecting an individual workman in regard to
payment wages, overtime, leave, transfer, promotion, seniority, work
assignments, working condition, designation, and non extension of any welfare,
amenity or benefit due shall be dealt by human resource development
department.
Gratuity for the service rendered by the employee according to the gratuity Act
is 15 days salary for every completed year of services. The entire employees
who come under provident fund Act must contribute minimum 12%. The
employee should at least a minimum period of 5years in the organization only
he will be eligible, provident fund of Rs 100 per year.
WELFARE MEASURE
Consistent with the policy of the company through its employee and their
families happy and contended, it is operating a number of schemes to promote
their welfare.
Canteen facilities:
The canteen facility is on a contract basis. For the conveyance of the employees.
Workings in the factory division’s canteens are run where food, coffee, tea and
snacks are served.
Transport facilities:
For all the employees they provide conveyance through bus, vans cabs etc, and
to who these facilities are not there, to them travelling allowances is provided.
Safety equipment:
Employees are provided safety equipments such as rubber pads, hand gloves,
safety boots etc to ensure complete safety of employees from the risks involved
arising out of accidents during performance of duties
PERFORMANCE APPRAISAL:
A performance appraisal system is a strong tool in the development of human
resources in the organization. It is consider as a mutual feedback to the
management and thereby help to decide the carrier growth, training needs and
other human resources development interventions required for each of them
there by aiding their self-development.
Performance is the way forward for every individual and for the company as a
whole. It is therefore vitally important that every individual has a clear
understanding of his or her work, objectives and responsibilities, because
performance will measure against these..
Performance management must create a shared vision of purpose and aims of
the organization. It must help each individual to understand and recognize their
part of contribution to the organization success and there by managing and
improving the performance of the both individual and organization. High
performance by way of performance management is the only guarantee for
survival in an unpredictable and dynamic world.
Infrastructure
Work Environment
MCPL management recognizes that the most valuable asset is its people.
Therefore, the management and head of departments consider the work
environment as corporate criteria and endeavors to provide its employees of a
conducive work environment. This criterion of work environme nt includes
regulation and statutory requirements such as safety and health, ambient
working condition etc., and MCPL consider the above as the minimum
requirements of all departments.
PRODUCT PROFILE
P RODUCT PROFILE
capacit r
p wer
capacit r, fiIm capacit r
capacit r
MD XL ULTRA CAPACITORS
APPLICATIONS:
Pf correction in LV network.
Harmonic filters.
Features:
• Special tissue paper with heavy edge metallization on both the sides for
better electrical contact.
• Capacitors in unique quadrilateral shaped metal enclosures mechanically
well suited for ‘stand alone’ installations.
Safety:
Self healing
Discharge resistors
• PF correction in LV network
• Fixed power factor correction
• APFC systems
• Harmonic filters
MPP-G (63G)
Application
Fixed power factor correction, motors, and transformers.
APFC system and harmonic filters.
Features
• Best suited for APFC due to compact space saving design unique
‘clamptite’ finger proof termination
• Self- healing
• Discharge resistors and pressure sensitive disconnector
• Available in non-polluting, non Sf6 inert gas.
Standard Duty Capacitors
MPP-S (83R)
Harmonic filters
Harmonic Filter
Capacitors can be any of the following types
• MPP-H-Rectangular or cylindrical
• MPP-G-cylindrical
• APP-Reactor
• MDXL-Rectangular
Application
• Detuned filters for mitigating harmonics
• Available in 5.6, 7&14%
Features
• High linearity and compact size and convenient mounting
• Low losses and low noise level
• CPRI tested and IS: 5553
THYRISTOR SWITCH
Application
• Simplicity of installation and compact
• Status display and self diagnosis
• Elimination of inrush current and user friendly indications and control.
CHAPTER-6
SWOT ANALYSIS
SWOT ANALYSIS
STRENGTHS
Strengths means what the Meher capacitors pvt ltd does well, the following are
some of the important strengths are
WEAKNESS
✓ The company is not able to get enough grants from various financial
institutions
OPPORTUNITIES
THREATS
These are inside and outside things that there could be damage the business of
industry they are
MISSION
OBJECTIVES
ANNEXURE
Loan funds
Application of funds
Fixed assets
Gross bloc 147087498
Less: depreciation 42173790
Net bloc 104913710 89957572
Investment 100500 6568949
Current assets,
Loans & advances
Inventories
Sundry debtors 92538726
Cash & bank balance 90097554
Loan & advance 83215446
79443505
Rs
INCOME
SALES 480784387 413946192
Less excise duty 56607085 50362671
424177302 363683621
OTHER INCOME
VARIATION IN STOCK
EXPENDITURE
FINDINGS
❖ Company has to give the preference for the six sigma concept
❖ Build the relationship between workers and management
❖ Solve the employees problems frequently
❖ Human resource management should be properly organized
❖ Company should take more promotional activities in which add plays a
crucial role, it can used to boost the sales figure
❖ The company must substantiate the pricing of its product and use new
technology
❖ The company using only on-the-job training but they should provide of-
the-training
❖ The company doesn’t have any management personnel they are having
only the technical personnel’s so they have to recruit some management
personnel’s to increase their fare in administrative level
CONCLUSION
❖ Training is being conducted for the entire staff especially for the
workers to train them in all the field for job rotation
❖ Meher has established good network all over india and abroad
❖ To reach the global demand effectively, the company has to strengthen
its functional areas
❖ Keeping in mind the increasing demand for quality products they have
produced a wide range of capacitors
CHAPTER-9
BIBLIOGRAPHY
BIBLIOGRAPHY