SUMMER INTERNSHIP FINAL REPORT

Duration of Internship : May 6, 2019 to June 30, 2019

Submission Date : July 15, 2019

PREPARED BY:

TUSHAR PRAJAPATI

167159

GULF IMPEX

Marketing and

Business

Development
 Author of report : Tushar Prajapati

 Organisation’s Name : Gulf Impex Pvt. Ltd.

 Address : Atishay Residency, Motera, Ahmedabad, Gujarat.

380001

 Date of Report : July 15, 2019

 Purpose of Report : Presentation of data and analysis of

Summer Internship Project

 Prepared for : Institute of Management, Nirma University

 Faculty Mentor : Prof. Sunita Guru

DECLARATION

I, Tushar Prajapati, roll no. 167159, student of Institute of management, Nirma University, hereby
declare that I have successfully completed this project ‘Marketing and Business Development –
Gulf Impex in the academic year 2019-20.
I declare that this submitted work is done by me and to the best of my knowledge; no such work
has been submitted by any other person for the award of degree or diploma.
I also declare that all the information collected from various secondary and primary sources has
been duly acknowledged in this project report.

Tushar Prajapati

Student Name
ACKNOWLEDGEMENT

On the very onset of this report, I would like to extend my sincere and whole-hearted obligation
towards all the personages who have helped me in this endeavour. Without the active guidance,
help, cooperation and encouragement, I would not have made progress in the project. I’m
grateful to my Faculty Mentor, Prof. Sunita Guru, for her valuable guidance throughout. I extend
my gratitude to the Placement Committee for providing special guidance and assistance to
approach the company. I am grateful to my Organisation Mentor, Mr. Mukesh Joshi who
supported and guided me throughout my tenure in the company and supported me to harness
my potential and learn through the project. I’m grateful to Gulf Impex for providing me with such
an opportunity to work with them. I also thank the staff members and the help on field, who
enhanced my knowledge and provided a consistent support and motivation. I am thankful for the
sources provided by Gulf Impex viz. reports and publications. Lastly, I acknowledge my gratitude
to my parents who provided me support and means, to undergo this project.
EXECUTIVE SUMMARY

The Report is composed in the form of three parts viz., Introduction of the Organisation in which
the Summer Internship was done, Details of the Project Work and Learnings from the Summer
Training Project.
Part A i.e., About the Industry, Profile of the Organisation covers its history, vision and mission
and its work strategy.
Part B i.e., Details of the Project Work encompasses how the whole work was done as a Problem-
Solving project. Furthermore, it highlights the details of the project, my role and observations.
Part C includes my Learnings from this project.

The report is ended with my Experience at the organisation.

PART A :

About the Industry

The Indian retail industry is one of the fastest growing in the world. Retail industry in India is
expected to grow to US$ 1,200 billion by 2021 from US$ 672 billion in 2017E.
India is the fifth largest preferred retail destination globally. The country is among the highest in
the world in terms of per capita retail store availability. India’s retail sector is experiencing
exponential growth, with retail development taking place not just in major cities and metros, but
also in Tier-II and Tier-III cities. Healthy economic growth, changing demographic profile,
increasing disposable incomes, urbanisation, changing consumer tastes and preferences are the
other factors driving growth in the organised retail market in India.
India’s population is taking to online retail in a big way. Online retail sale is forecasted to grow at
the rate of 31 per cent to reach US$ 32.70 billion in 2018@. Revenue generated from online retail
is projected to grow to US$ 60 billion by 2020. Organised retail penetration is expected to increase
to 18 per cent in 2021 from an estimated nine per cent in 2017. India is expected to become the
world's third-largest consumer economy, reaching US$ 400 billion in consumption by 2025.
^Increasing participation from foreign and private players has given a boost to Indian retail
industry. India’s price competitiveness attracts large retail players to use it as a sourcing base.
Global retailers such as Walmart, GAP, Tesco and JC Penney are increasing their sourcing from
India and are moving from third-party buying offices to establishing their own wholly-
owned/wholly-managed sourcing and buying offices. India’s retail sector investments doubled to
reach Rs 1,300 crore (US$ 180.18 million) in 2018.* The Government of India has introduced
reforms to attract Foreign Direct Investment (FDI) in retail industry. The government has
approved 51 per cent FDI in multi-brand retail and 100 per cent in single brand retail under the
automatic route which is expected to give a boost to ease of doing business and Make in India,
and plans to allow 100 per cent FDI in e-commerce. India will become a favourable market for
fashion retailers on the back of a large young adult consumer base, increasing disposable incomes
and relaxed FDI norms.
About Gulf Impex
We are in IT Retail & distribution Business for :
 IT Hardware products & Software’s Licensing
 High quality used & refurbished computer, laptops, servers, workstations and networking
devices
 All type of Laptop, Printers & Projectors Spares.
 Special Solutions for IT related industry like Outdoor & Indore Business LED & LED Walls,
High end commercial Printers, Professional Currency counters type specific solutions.

We offer used & refurbished computer products are commercial and professional series products
and are designed to run for 24x7x365 Days. We source these products as buy-back from large
multinational companies who keep upgrading their IT infrastructure very frequently.
As your esteem organization keep on buying computer / laptops etc. we can provide you these
very high quality products at a very marginal prices. Please save this contact No to Get latest
product updates and price.

We take Privilege in introducing ourselves as a team of computer service professionals &

prominent IT Service Provider. Technocrats, who have served the IT industry for several years,
founded Gulf Impex in the year 1999. Today we have the honours of serving several Clients who
envy our services. Over a period of time we have structured the way the service industry needs
to work with a work force that are available to our clients just a call away.
We have endeavoured to achieve our Corporate Mission of 'Helping our customers to help their
customers better'. We believe in Phillip Crosby's quality principal of 'Doing everything right the
first time and every time'. Gulf Impex has always endeavoured to achieve excellence in Quality
and Customer Satisfaction. Enviable service being our motto, we take utmost care to ensure that
our customers have the highest degree of satisfaction.

Our goal of creating Gulf Impex is to responsibly manage and reduce the amount of electronic
waste by, bringing technology equipment back to its original functional intended use and
redeploy in secondary Markets.
We make every effort to bring product received through the reverse supply chain back to a
condition where it can be remarketed for its intended use, for products we refurbish, we follow
the strictest of processes that are proven through documentation and rigorous downstream
audits.
We offer comprehensive testing and refurbishment services for products that include:
 Desktops
 Laptops
 IT Peripherals
 LCD displays
 IT Accessories
 Electronic Equipment’s

Whether it is through our repair and refurbishing processes or recycling of product, packing
materials, our reverse logistics approach offers sustainable solutions to mitigate our negative
impact on the environment. Over the years, it has been our long-standing goal to be a steward of
the environment and be a responsible refurbishing and recycling partner to all of our clients.
Whether refurbishing or partnering with an approved recycler of your choice, Gulf Impex has the
right solution.