Main Project

Prragathi Steel Casting Pvt. Ltd.
CHAPTER-1
RESEARCH DESIGN
1.1 GENERAL INTRODUCTION
Organization is the process of identifying and grouping the work to be performed
and establishing relationship for the purpose of enabling people to work most
efficiently together in accomplishing objective.
Organization should function effectively so that it can produce quality goods and
services at reasonable cost without compromising on profit making and
satisfying their diverse stakeholders. The members of the organization must
behave in certain ways so that the organization achieves its goal.
Organizational study of the PSCPL is performed to identify the marketing
strategy, administration and relationship of the workers efficiency. The
organization study is carried through professional and scientific enquiries. It
gives the history, achievements and milestones of the company along with
complete overview of financial position of PSCPL. In the study we have
identified methods and needs to know the organizational structure. And also
strength, weakness, opportunity, threats are highlighted. That Prragathi steel
casting private limited needs some more improvement in this technology and
expand that production capacity and it should be minimize the cost of production
and maximize more profit.
It is great opportunity for me to carry on the corporate learning and exposure at
Prragathi steel casting private limited, Shivamogga for the fulfillment of MBA
degree. This project includes the organization study.
Institute of Management Studies & Research
Prragathi Steel Casting Pvt. Ltd.,
1.2 Objectives of the Study
To know the production process.

To get the practical knowledge about the company.
To know the strength, weakness, opportunities and threats of the company.
To know the 7S MCKINESEY model of the company.
1.3 Scope of the Study

The study is exclusively conducted to gather all information about Prragathi
Steel Casting Private Limited. Machenahalli, shimogga. It focused on the various
departments like finance, marketing, human resources, purchase and other
departments of PSCPL. The study is completed in the period of 13th august to 18th
September 2012.
1.4 Research Methodology

The data has been collected from primary and secondary data.
Primary Data
This is first hand information. The primary data collected from discussion with
the different departmental managers and through observation and also collected
information through interview with employees.
Secondary Data
It is already collected information. The secondary data has been collected from
various sources are, company websites, referred book.
1.5 Limitations of the Study

The study is limited for the period of one month.
The study is limited only to organization study.
CHAPTER-2
INDUSTRY PROFILE
2.1 General Introduction
India ranks second in the world based on the number of foundry units present
(4550 units) - After China and fourth in terms of total production (7.8 million
Tones) (42ndof World Casting Production 2007). Apart from the registered
4550 units there are several unregistered units, which according to various
sources range approximately from 1500 to 5000 units. As per the IREDACII
Report 2004, there are around 10,000 foundry units present in India including
registered and unregistered units. Considering that 4550 units are registered, the
total number of units unregistered is around 5450 units. As per estimation of
experts of the foundry sector, there are around 1500 unregistered foundry units
that are scattered across the country. This discrepancy in unregistered units is
mainly due to the fact that the 5450 units included all kinds of micro and small
units engaged in castings. Whereas the 1500 units data incorporates only those
foundry units that are engaged in grey iron casting and use conventional cupola
and excludes those units that are too micro in nature and use crucible for melting
of metals. Also several foundry units had closed due to non compliance with the
pollution standard set by the government for example Howrah, Agra and nearby
areas. The foundry produces a wide variety of castings such as manhole covers,
pipe and pipe fittings, sanitary items, tube well body, metric weights, automobile
components, railway parts, electric motor, fan body etc. 90% of the castings
produced are from the SSI sector. Most of these units are situated in clusters,
with cluster size ranging from 30-500 units. The break-up of production of
different varieties of castings is as follows:
2.2. History of Castings

The origin of castings goes back to over 5000 BC. After Paleolithic age,
Neolithic age, which where both stone age. Later come the age of metals, the use
of metal the origin of castings goes back to over 5000 BC. After Paleolithic age,
Neolithic age, which where both stone age. Laer comes the age of metals, the use
of metal weapons and instruments instead of stone. The first was the copper
age .then come the Iron Age after few centuries. Then come the alloy of copper
and tin. These were observed in all the upcoming civilization like Egyptian,
Aryan, Babylonian civilization. Even the gold and silver instruments were casted
and used in those days. Metals art in India goes back to antiquity. The earliest
bronzes have been found at Mohanjadoro and Harappa casting of Metals
particularly bronze for producing objects and artistic and utilitarian values are
made in seen in Sindhu civilization. They use crude and refined copper, low and
high tin bronze and copper sonic alloy for casting. Casting is a vital component
of more modern machine and transportation vehicles. The need for casting has
become more important with growth of industrial societies.
Cast metal parts are used for more than 90% of an automobile engine and for
more than 50% of the total weight of a tractor.
Air craft jet engine bladder

Machine tool structure
Railway crossings
Pump, filter and valve
From the above application, it is evident that without casting it is unlikely to

bring an existence the most of the products today.
Man has been making casting metal object for artistic and practical purpose since
very early time civilization the shaping of metals in the liquid state or molten
state has been developed for countries.
2.3 Origin of Casting

A casting is the essential foundation of civilization. With it, man unlocked his
future, placing him on the path toward conquering his environment. History tells
us this happened Mesopotamia, todays modern Iraq.
The oldest casting in existence today is believed to be a frog, cast in copper. The
frogs complexity indicates that in was preceded by other simpler casting efforts.
Things went show back then came around in the 16 th century, but man used
earths ores 4500 years prior to this.
The Chinese got the nod iron casting in brass 1000 BC. India made steel in
about 500 B. C. civilization in general was casting brass by then,(brass=copper
zinc), which was many centuries before the Christian era. All along this path all
the techniques for CASTING AND MOULDING PROGRESSES were being
discovered and recorded in to history.
2.4 Meaning of Casting

Casting is the process of giving shape to the products, casting is the process of
the melting metal and pouring its material in liquid form into a mould on a
platform into a deserved shape the metal is allowed to cool and solidified .the
Solidified metal is called the casting usually castings are manufactured in a
commercial setup called foundry.
2.5 Present Status of the Industry

Indian foundries are primarily owned which explains lost of small units
estimated that around more than 10,000 foundries exist all over the India within
on output approximately 3million tons per annum of which 2.36tons are grey
iron, 0.04 million tons of steel ,0.268 million tons of SG iron and malleable iron
casting.
The industry was clocking an annual growth of 11 percent in India while the
global foundry output is leveling off. The Indian foundry industry occupies a
special place in shaping the countrys economy. India is currently among the 10
largest producers of ferrous and non-ferrous castings and has over 6500
foundries in the small, medium, and large-scale sectors. Approximately 90% are
in the small scale. India exports annually above Rs. 700 crores worth of castings
to countries worth of castings to countries like USA, U.K., Canada, Germany
etc.
This foundry has grown in volume over several decades of is poised to grown
further in future. One of the peculiar feature of this industry is that total
production is contributed by a number of medium and large scale in its from the
original sector and thousands of small scale units from the unorganized sector.
An individual foundry existing now can produce right from 20tpm to 1000tpm
with a set of about Rs .20 lakhs to Rs 100 crores. One could just imagine the vast
difference in the size between the units of the same industry in terms of
investments and outputs. This draw a wide line between the units in all respects
through both belongs to the same industry. The product
range of these
industries covers ordinary low grade casting to highly integrated higher grade ,
castings with vast different in terms of technology methods , pricing etc.,this
gives a good beverages to the buyer to producer casting as their convenient cost
and quality from both the sources.
The export of casting from India amounted to one percent of the world
requirement. In the near future , there ample scope for the Indian foundry
industry to forge strategic alliances with their counterparts on the developed
countries , which are on the verge of closure primarily due to three major
reasons .waste disposal and highly stringent pollution control regulation , high
labor cost and acute shortage of the trained personnel to work in foundries. This
is where Indian foundries can make their presence felt in the international market
by approaching foreign foundries to source casting from India at more
economical prices and thus enhance their market share. In order to do these India
foundries have to equip themselves with the latest technologies such as
automation, casting simulation, etc. Indian foundry industries cannot afford to
ignore implementation of compliances. The industries also have to strive to

adopt ecofriendly technologies.
The manufacture of metal products has seen a shift from the West to the
countries like China, Koria, Brazil, and Taiwan, which have garnered major
share, and India has to fight it out to grab its part. The increasing cost faced by
the automobile and other industries in the West and the emergence of
competitive, skilled foundries in the developing countries have led to this shift.
The Indian foundry sector would have the opportunity to address the needs of the
auto component industry with a staggering market size $650 billion- $700
billion.
It is imperative that the Indian foundry industry benchmarks itself against the
best in class practices, identifies the gaps, and initiates corrective measures to
emerge as one of the best in the foundry sector globally.
The Indian economy is doing well with the increased demand from sectors like
Automobile, Earth Moving Equipments, Tractor and Farm Machinery, Diesel
Engines/ Generators and General Engineering. Hence, the demand for castings
suppliers has increased multi fold domestically also.
2.6 Types of Foundries

Depending upon the type of end users, the wide variety of molding or the
casting process can be basically divided into- Commercial foundry and Hobby
foundry.
2.7 Commercial Foundries

Here the production activity is on a large scale and in abidance to the
international standards of manufacturing practice. This type of foundry offers
semi-finished or fully finished products like Railroad Equipment, Machine
Tools, Farm Machinery, Mining Machine, etc. Major types of casting employed
in commercial foundries are sand casting, die casting, investment casting and
lost foam casting. According the type of foundry activity that the foundries are
involved in, commercial foundries are known
2.8 Types of Commercial Foundries

Foundries are classified according to the nature work they undertake such as
Captive Foundry
These foundries are part of a manufacturing company which uses the casted
product to meet the companies own production need.
Independent Foundry
Here castings are produced as per the customers specification.
Jobbing Foundry
These are fully equipped foundry which does not have its own individual casting
business, but undertake contractual casting for other companies. Mostly,
production are taken up for small quantity only
Production Foundry
In such foundries casting operations are done in bulk for one types of casting.
The advantage in this method is that this fully equipped foundry unit can deliver
flawless products at the most economical rates.
Semi Production Shop
It is the kind of operations where the company operations follow both the
jobbing and the production casting.
2.9 Hobby Foundries

These are small but fully equipped foundry units setup inside a house or in the
backyards. Such foundries are set up by amateurs who love to create casting
products according to ones desire. The home foundries also serves other purpose
like mending the worn our metal items and for casting special part or component
that are not available in the market.
2.10 Indian Famous Foundries are

TISCO at Jamshedpur
MUKAND at Pune
SRI RAMAKRISHNA STEEL INDUSTRY at Coimbatore
V.I.S.L. at Bhadravathi
CANARA STEEL LIMITED at Mangalore
ISPAT VGINE at Bombay
The export of casting from India amounted to one percent of the world
requirement. In the near future , there ample scope for the Indian foundry
industry to forge strategic alliances with their counterparts on the developed
countries , which are on the verge of closure primarily due to three major
reasons .waste disposal and highly stringent pollution control regulation , high
labor cost and acute shortage of the trained personnel to work in foundries. This
is where Indian foundries can make their presence felt in the international market
by approaching foreign foundries to source casting from India at more
economical prices and thus enhance their market share. In order to do these India
foundries have to equip themselves with the latest technologies such as
automation, casting simulation, etc. Indian foundry industries cannot afford to
ignore environmental implications, which will also become stringent in terms of
implementation of compliances. The industries also have to strive to adopt ecofriendly technologies.
2.11 THE INDUSTRY HAVING ITS OWN REQUIREMENTS TO

BE FULFILLED AS FOLLOWES
CUSTOMERS --- QUALITY DELIVERY AND PRICE
FINANCIAL
INSTITUTION
--CREDIT
WORTHINESS,
INSTITUTIONS GROWTH AND PROFITABILITY.
SUPPLIERS --- PAYMENT AND GROWTH
INVESTORS --- DIVIDENT AND GROWTH

AUDITORS --- COMPLIANCE
EMPLOYEES --- SALARY, CULTURE, JOB SATISFACTION,
GROWTH, SOCIAL RESPONSIBILITY,
SOCIETY --- SOCIAL RESPONSIBILITY.
DISTRIBUTION AGENTS --- MARGIN, GROWTH, IMAGES.
COLLABORATIONS --- LOYALTY, ROYALTY, GROWTH,
ALLIANCE.
GROWTH.
CHAPTER-3
COMPANY PROFILE
3.1 Introduction
Prragathi Steel Casting Private Limited (PSCPL), is a modern steel foundry
geared to manufacture quality rough casting of carbon steel, alloy steel, stainless
steel and nickel based alloy castings.
The company is situated at Shimogga-Bhadravathi Industrial Area, Machenahalli,
which are 260 kms from Bangalore and 9 kms from Bhadravathi a Well-Known
steel city. The unit is located on 2 acres plot.
Prragathi Steel Casting Private Limited Company, set up during the year 1987,
registered under the companies act 1956 and under the name SUPRA
TECHNICAL SERVICES PRIVATE LIMITED. Certificate of incorporation
was changed consequent on change of name SUPRA ALLOYS AND ALLIED
PRODUCTS PRIVATE LIMITED in 1996, to PRRAGATHI ALLOY ATE
LIMITED in 2000. Then again its changes its name PRRAGATHI STEEL
CASTINGS PRIVATE LIMITED in 2004, certified is issued pursuant to
section23 (1) of the said act.
Company Profile
Companys Full Name
: Prragathi Steel Casting Private Limited.
Established
: 1987
Location
: Shimogga- Bhadravathi KIADB industrial

area, Machenahalli, Shimogga, Karnataka,
India.
Certified
: ISO 9002 Company
Web address
: www.google.com
Products
: Steel
casting,
mainly
manufacturing
carbon steel, alloy steel, stainless steel and

nickel based alloy casting.
Installed Capacity
: 150 metric tons per month
3.2 Organization Priorities
Manufacture and supply products as per customers requirements.

On time supply of products, each time and every time.
Commitment to honor the responsibilities.
Reduce rejections of products by customer, on continual basis.
Continuously upgrade the technology and facility.
Continual improvement in organizational activities.
3.3 Work Ethics

Manufacture and supply of quality products
Customer satisfaction
Team work
3.4 Values
Meeting the requirements of customers, every time
Competitive price to keep an edge over other suppliers
3.5 Mission Statement
To achieve sales turnover of two hundred million rupees by the year 2013.
To reduce customer end rejection to 1 % by the year 2013.
It is our mission to be one among the top steel foundries in India.
We understand and anticipate our customers needs, we know that our
customer deserves the best of products and services and it is our sacred
promise to give it to him.

We encourage our people to be curious, to come up with bold and exciting
ideas. We admire audacious based on logic, to beat competition.
We owe it to the society in which run our business to be good corporate
citizens.
We shall pursue excellence through innovation and continuous
improvement in our products & process. In this endeavor team work
dedication & integrity shall be our guiding values.
3.6 Vision Statement

We Endeavour to become Well-Known foundry for manufacture of high quality
castings through performance excellence.
PSCPL shall be committed provide products for complete satisfaction of
the customers at competitive prices
PSCPL shall foster a culture of blending trust and continuous learning
while meeting expectation of employees
3.7 Quality Policy of the Company

The purpose of our quality policy of PSCPL is to ensure the manufacture and
supply products of high quality to the complete satisfaction of each and every
customer
and there by achieve leadership in market as a reputed and reliable
supplier.
To develop a culture of continual improvement in quality, delivery,

service, cost and technology with total team involvement
To ensure due care regarding product safety and minimize the potential
risks to employees
Train and motivate employees for continuous improvement of quality
Update the systems to suit the challenging needs of the customers as well
as technology challenges
To provide products to complete satisfaction of the customers by meeting
their requirements at comparative prices.
3.8 The Main Products of Industry

Prragathi Steel Casting Private Limited is familiar for producing various types of
materials that is
Ball valves
Gate valves
Globe valves
Swing check valves
Strainer valve component
Hydraulic components
Forklift components
Pump components
Automobile components
Motor drive components
The company has developed expertise in making quality casting in all grades of
alloy steel like CS700, IS 2707. WC 6, WC 9, stainless steel like cf-8m (SS 316),
cf-8(SS 304). Cn-7m (alloy 20), cf-3 (Ss 3041), cf-3m (SS 1361), carbon steel
like cw-12mw, n-12mv, Inconel 625 (cw 6mv) Inconsl 600(CY 40) etc. the major
part of companys product range consists of valve components up to 9000 class.
3.9 Competitors Information

There are potential competitors for this company inside Karnataka. However
major competitors do exist outside the state. They are as follows:
Malnad alloy casting Pvt. Ltd.- Machenahalli
Ambarams Casting Pvt. Ltd.- Shimogga
Bumika Casting Pvt. Ltd.- Shimogga
Major competitors outside the state, are as follows:
PK Steel. Pvt. Ltd.- Gujarat
Juysunce Steel. Pvt. Ltd. - Maharastra.
3.10 Infrastructural Facilities

Prragathi Steel Castings Pvts Ltd. Has extensive infrastructural facilities as stated
under:
Location: The plant is located on Machenahalli, industrial area, Shimogga. This
is just 9 km from Bhadravathi a well-known steel city.
Land: The total extent of land available is 2 acres. The land is well. Developed
and suitable for industrial activity.
Building: the company has constructed a building suitable to its requirements.
There are various sections foundry, standard control room, etc.
Water: PSCPL, gets its water supply from KIADB and as well as a bore-well.
For the well being of their employees in their work area they have lot of safety
measures in place. The factory has ample lighting and ventilation. They have
specifically paid a lot of attention to easy disposal of fumes and dust. They have
Developed an effective system to control and prevent noise pollution that exists
in this type of industry.
CHAPTER-4
ANALYSIS OF McKINSEYS 7S MODEL AND FUNCTIONAL
DEPARTMENTS
4.1 INTRODUCTION
The McKinsey 7S Framework is a management model developed by well-known
business consultants Robert H. Waterman, Jr. and Tom Peters (who also
developed the MBWA "Management by Walking Around" motif, and authored In
Search of Excellence) in the 1980s. This was a strategic vision for groups, to
include businesses, business, and teams. The 7S are structure, strategy, systems,
skills, style, staff and shared values. The model is most often used as a tool to
assess and monitor changes in the internal situation of an organization.
The model is based on the theory that, for an organization to perform well, these
seven elements need to be aligned and mutually reinforcing. So, the model can be
used to help identify what needs to be realigned to improve performance, or to
maintain alignment (and performance) during other types of change.
Whatever the type of change restructuring, new processes, organizational
merger, new systems, change of leadership, and so on the model can be used to
understand how the organizational elements are interrelated, , and so ensure that
the wider impact of changes made in one area is taken into consideration.
4.2 Structure
The way the organizations units relate to each other: centralized, functional
divisions (top-down) decentralized (the trend in large organizations) matrix
network, holding etc
The design of organization structure is a critical task of the top management of
organizational, organizational structure refers to the organizational arrangement
and relationship. It prescribes the formal relationship among various position and
activities. In PSCPL the structure is very flexible enough to maintain the external
environment as well as internal also, the PSCPL is having lengthy structure of the
organization, his helps the organization to function smoothly. Here executive
director holds the authority of managing the entire internal and external
environment activities.
PSCPL PRESENT ORGANISATION CHART

QA in
Supervisor chemist
and asst
ADMINISTRATION
Office
Manager
Asst
Admin
Technical
director
Asst
general
manager
OA/MR
Supervisor Dimensional
quality
I/C Six Sigma development
&continual improvement
Technicia
ns
Maint. In charge
(mechanical)
HOD-mechanical
Maintenance/Projects
Electroni
cs
Maint. In charge
(electrical)
HOD-electrical
Maintenance/Projects
Supervi
sor
HOD
production
V
I
C
E
C
H
A
I
R
M
A
N
Six Sigma coordinates
Supervisor
melting
HODMetallurgy
Q-A.I/C Machine shop
Director
operatio
ns &
strategi
c
Genera
l
Manag
er
HOD
machine
shop
In charge developmentmachine shop
HODplanning &
dispatch
Supervi
sor
machine
Dispatch
I/C
Engineer Dep
Marketing
Assts
Purchase
I/C
Executi
ve
directo
r
Stores in
charge
I/C Supplier
Develop
Asst
general
manager
PRO
Finance in charge
Accountant
Finance
director
TCO
Administrator asst
EDP in
charge
4.2.1 Production Department

Structure of Production Department
MANAGING DIRECTOR
EXECUTIVE OFFICER
DIRECTOR
(OPERATION AND STRATEGIC)
HEAD OF PRODUCTION
Shift supervisor first
Company
employee
Contract
employee
Shift supervisor second
Company
employee
Contract
employee
Shift supervisor
three
Company
employee
Contract
employee
Production department performs the function of producing finished goods from

the basic raw materials. The manufacturing is headed by a group head whose
main objective is to plan, execute, co-ordinate and control all production
activities with available resources, inputs, equipment, and facilities.
The Main Functions of this Department are as follows;
Order and purchase the raw materials at right time.
Procure the raw materials.
Store the raw materials which are purchased.
Produce the finished goods from the raw materials.
Product
Company manufactures- A487, WCB, CF8M, CA15, CF8, CF10, CF3, CF3M,
DVPLEX, CS700, ISI030 grades.
Quality Assurance
The company is adopting quality control measures during the selection purchase
of raw materials and also during the process of production. A sample of raw
material is checked for quality and other chemical components are certified.
It has set up the latest spectros LAB for online analysis of chemistry. UTM of
Brinnels/ Rockwell hardness testing equipments forss mechanical tests to ensure
that every casting complies with the highest standards in terms of design of
quality. In addition to this the casting may be non-destructive tested to ensure
that castings are produced to the required quality levels as specified by customers
or as per the product requirement. The tests includes radiography, Dye penetrate
testing, ultrasonic testing and magnetic particle testing.
Prragathi Steel Casting Private Ltd, quality management systems are ISO 9002
certified by RWTUV Germany. Its quality system has undergone a specific audit
in accordance with directive 97/23/EC for pressure equipments resulting in
approval by PED, (Pressure equipment directive).
4.2.2 Human Resource Department

Structure of Human Resource Department
BOARD OF DIRECTORS
CHAIRMAN
Institute of Management Studies
& Research
VICE CHAIRMAN
DIRECTOR H R AND ADMIN
HR
OFFICER
HR
OFFICER
HR
OFFICER
The term human resources can be thought of as the total knowledge, skills,
creative, abilities and aptitudes of an organizations workforce as well as the
values, attitudes and beliefs of the individuals involved. The term human
resources can also be explained in the sense that it a resources like any natural
resources. It does mean that the management can get and use the skill,
knowledge, ability etc, through the development of skills, tapping and utilizing
them again and again by developing a positive attitude among employees.
The human resources department is one of the important functional departments
in every organization. Only with the help of this department the organization can
make efficient use of the available work force, for providing the desired product
to the customer with desired quality and reasonable prices at the right time.
The main functions of personnel department are as follows:
Training and upgrade skill sets of its employees.

Performance appraisal and reward system.
Manage and full fill expectations
Safety of the employees
Attract and retain talent
Annual Planning
There must be an approved annual HR plan. Each department has to prepare man
power plan based on the following factors.
Business development
Critical evaluation and systematic review of business plan and production
targets
Retirements
Promotions
Budgets
The objective is to plan and allocate financial resources with respect to man
power planning and human resources development activates scheduled for the
financial year. Before the commencement of every financial year budget
allocations will be made to cover recruitment, training, personnel and
administration expenses. This will cover all projected activities of HR
department.
Recruitment Sources
The company considers both internal and external sources for recruitment;
internal sources include the employees who are already on the payroll. Whenever
any vacancy occurs, somebody within the organization with necessary
qualification is promoted to the job.
External sources are decided by HR Department/ Director HR according to
needs.
Types of external sources company had
Advertisement
Giving advertisements in state and local newspapers
Educational Institutions
Campus recruitment may be considered at approved technical and management

institutes. A list of approved institutes will be maintained by HR department.
Identified External Agency
HR department can identify and maintain list of external agencies though
agencies though which recruitment needs can be sourced.
Data Bank
All unsolications or applications received through references will be maintained
in a data bank.
Recruitment and Selection

It is the process of searching for prospective employees and stimulating them to
apply for jobs in the organizations
Request for sanction of manpower. Either new or replacement will be made
through employee staff by the head of the department or in charge. This has to be
made in advance of at least 60 days prior to recruitment. Once the requisition is
received from the department had, the director in charge of HR will in
consultation with department head/ managing director grant the approval and
then forward it to HR department. The HR department starts recruitment process
only on receipt of employees requisition.
In order to ensure that the right type of persons are available to the concerned in
the right number at the right place the following steps are taken.
The candidates application form will be thoroughly scrutinized by the manager
which helps in knowing the candidates educational qualification, experience,
skills processed by the candidates.
The intention of selection process is to choose the candidate who is best suitable
for a particular job. It is one of the most crucial activities that affect the
organizational efficiency in the long run.
The Selection Procedure Followed by the Company is as follows
Screening of Applications
Call Letter
Interviews
Physical Examination
Placement
Induction
Need For HR Department at PSCPL

HR department is needed to maintain the Human Resources in the organization.
To analyze the need for new/additional human resources regularly and procures
them, based on the requirement the HR department is needed.
Training and Development

The company gives on the job and off the job training. On the job and off the job
methods of training are as follows
On the Job
Job rotation
Training through step by step

Job instruction
Coaching
Off the Job

Lecture method
Safety of the Employees

Safety uniform will be every employees, uniform will be given once in a
year
Safety shoes will be given to every employee
Safety plastic hats to be given to be every employee
Safety has ample lighting and ventilation
It gives lot of attention especially to easy disposal of fumes and dust
Appraisal System
Prragathi Steel Casting PVT. Ltd. would like to promote a work culture that is
strongly performance driven. To this end it would like to encourage participation
of all employees and their supervisors. It also provides executives of Prragathi
with a shared appraisal framework enabling them to
Measure and evaluate objective individual performance

Provide an opportunity for promoting an atmosphere of trust and openness
Develop employees in their present job
Set individual performance targets in line with organizational goals
Develop employees with potential to tasks on higher responsibilities
Increments and Promotions

The company believes in growth of their employees. In this respect the
employees will be encouraged to grow to higher level in the company with their
commitment to work, loyal to the company, overall performance, conduct and
sincerity.
4.2.3 Marketing Department

Structure of Marketing Department
Managing Director
General Manager
Senior Manager
Manager
Marketing Assistants
Marketing department co-ordinates the activities of pricing, promotion and

distribution of goods and services to satisfy customers and achieve organizational
objectives
The marketing department performs marketing activity by supplying the products

to the customers within the mentioned time and the products are transferred to
the domestic customers.
The main functions of marketing department are as follows.
Marketing department receives the customers order.
Marketing department has to process the order according to customers
requirements.
Marketing department conduct the research for knowing the customer
satisfaction and dissatisfaction about the product once in a year.
Marketing department maintain the database of the customer.
Marketing department handles the customers complaints.
Customers of Company inside the Karnataka
M/S Automotive Axles Ltd., Mysore

M/S Bharath Earth Movers Ltd., Mysore
M/S Volvo India Pvt LTD., Bangalore
M/S Wipro infrastructure engineering, Bangalore
M/S Hawa Valves Hubli
M/S Vingnyan industries Tarikere
Customers of the Company outside Karnataka
M/S GHATGE PATIL INDUSTRIES LTP. KOLHAPUR

M/S ESCORTS LTD FARIDABAD
M/S VIRGO ENGINEERS PUNE
M/S CATERPILLOR INDIA PVT LTD., TIRUVALLUR
M/S AUDCO INDIA LTD., KANCHEEPURAM
Company Customers
The company gets order directly from its customers and it directly delivers its
finished products to its customers.
Packaging
Packaging is not done for rough casting; if there is a nice machine casting then
packaging is normally done.
Handling of customer complaints:
The managing directors receive complaints from the customer.
M D forwards the complaints to quality control to test.
Based on the result of the test, the complaints are bifurcated as casual and
genuine complaints.
All genuine and casual complaints are investigated to take the corrective
action.
Recorder records the corrective action to be taken.
For this all these customers complaints, acknowledgement is sent to the
customers.
Research
The company conducts research every year to know the customer satisfaction or
dissatisfaction. The marketing department prepares some questions according to
their quality of service and products. The department will send a questionnaire to
the customer to know the performance of company. This questionnaire sent
through the e-mail. Higher the grade given by the customer will indicate the
better performance of the company. These measures will help in improving of the
company performance. This research was done only on those customers who
purchased more products.
4.2.4 Financial Department

Structure of Financial Department

MANAGING
DIRECTOR
DIRECTOR FINANCE
FINANCE IN-CHARGE
Officer
Officer
Officer
Finance is an art and science of managing money, finance is very much important
for any industry. We can say that finance is the life blood of any industries. This
fund comes from a variety of sources to industry through the investors or
shareholders. These funds are committed to a number of uses in production of a
product or service.
The Main Functions of Finance Department are as follows

Making payments to the suppliers

Making payments as a salary to employees
Conducting meeting to know the expenses of the organization
Preparing financial report of the organization
Helping in taking financial decision.
Systematic book keeping is done by financial department
Maintaining the rules and regulation according to the companies act of
1956
Accounting Procedure
Accounting is the process of recording, classifying, summarizing, interpreting
and communicating the financial transactions of a firm. It gives a clear
identification about industrial transactions.
The company follows cash and credit basis of accounting to its income and
expenditures. The income of the company is from sale of their products castings.
The major expenditure is power charges, manufacturing expenses, wages, raw
materials, administrative and marketing expenses.
Following are the records of books maintained by Prragathi Steel Casting Private
Limited.
Subsidiary Book
In subsidiary books, various business transaction as and when they take place are
recorded.
This register is maintained to keep track of the material in warded to enable
effect of payment on the due dates on the basis of credit terms. Immediately after
accepting the material by store and counter signed by the quality assurance
department, the necessary entries are made in the register.
Customer Rejection Register

This register is maintained to keep track of customer rejection of castings.

Immediately after receipt of rejected castings, the GRN is made in the computer
and the computer list is enclosed with the GRN to make entries in the customer
rejection register, where in the details of rejection, invoice number, grade, quality
of weight, value, excise duty sales tax etc are made.
Cash Book
Cash book maintained for recording all receipts to cash and payments of cash in
the industry. Cash book is a part of ledger, the main entries of this cash book is
record of cash received and cash payment. It verifies the correctness of cash is
hand and bank.
Journal Book
Journal book is a daily record of each industrial transaction. This journal book is
also called a day book and this book is used for recording all day to day
transaction in the order in which they occur.
Sales Register
Sales register is maintained to keep track of the sales made each and individual
customer wise and the detail of invoice number and date and value maintained in
the sales register.
Purchase Register
Purchase register is maintained to keep track of the purchase made each and
individuals customer wise and the detail of invoice number and date and value
maintained in the purchase register.
Book of Account
Petty Cash Book

This is a day book maintained by the cashier by making necessary entries of
receipt of cash and payment made against vouchers. He payment voucher /
receipt vouchers are since the company has availed two types of cash, credit,
against hypothecation of tock and sundry debtors facility from bank two
separate bank book for cash, credit bill maintained. Daily verified by the director
and then necessary entries are made in the book through computer.
Bank Book
The receipt of payment through cheque / demand draft / GTGS / NEFT is
maintained in this register. The bank charges and interest paid to bank is also
maintained in this register. The balance of the bank pass book should tally with
the balance in the book of accounts maintained by the company subject to bank
hypothecation.
General Ledger
This ledger gives the details of transactions affected by the company at any point
posted to receptive accounts in the general ledger. This ledger should be updated
on day to day basis to know the actual balance of each account. The trail balance
receipt and payment are made at each month and, which should necessarily tally.
The profit and loss account is also arrived on the basis of the trail balance which
can be arrived month wise, quarterly, half yarely or yearly.
4.3 Skills
The skill-set processed by the company is one of the plus points for the company
to move towards the milestones of success by undertaking significant and
challenging projects and at the same time training its employees to acquire
necessary skills.
Training plays a very important role in the ever-changing business world.

Training is specific to impart for a particular purpose.
Skills include the distinctive competencies that reside in the organization. These
can be distinctive competencies of people, management practices, systems and
technology.
Training
Prragathi steel casting pvt ltd, being an old company with the history is set to
develop a fully fledged training department. The training to an employee skill be
of 3 types.
On the job training by concerned supervision

Class room training by HRD department
PSCPL has identified various skills required for different jobs.
PSCPL provides technical and process- based training.
To provide training for personnel in any new or modified job affecting
product, quality, including contract or agency personnel.
Analysis of Skills
A skill is the ability, knowledge, understanding and judgment to accomplish a
task. Skill may be defined as what the company does best; the distinctive
capabilities and competencies that reside in their organization.
The organization selects and assigns personnel performing work affecting
product quality based on appropriate education skills and experience. The
organization has also a system to assess the competence of its personnel on
periodic basis (performance appraisal and development report) to identify gap in
the performance, if any as well as assessing their training needs to bring the gap.
4.4 Style
Decision making is the process of choosing the best from among the alternative
solutions under a given set of circumstances.
PSCPL also follows a participative style. The personnel at different levels
participate in solving any problem in the company. The company believes in
participate style aimed at completion of work within time and to provide
workable environment to the workers. The company is following participative
style in day- to day operations such as:
Production of different verities of products

To suggest improvement and new useful ideas
To keep co-ordination among the staff at various levels
In overall achievement of the company objectives
To maintain discipline
4.5 Strategy
Strategy is about setting corporate goals, defining steps needed to achieve these
goals followed by systematic action and allocation of resources to achieve
corporate goals.
Prragathi Steel Casting Private Limited is aiming at gaining a substantial
advantage over competitors through its quality products with reasonable price to
price their products reasonably. They should minimize the cost as much as
possible, one way of doing this by waste elimination.
The Strategy Regarding Waste Elimination is Very simple they are;
Right person for the right job

Ensuring that the quality of raw materials purchased is good
This could be done well in advance of starting the production activity
Using the good quality of raw materials, it produces good quality products
without any damages and cracks in the castings.
The best way to minimize cost is by best productivity thus reducing

wastage
One more strategy regarding waste elimination is by carrying out the
production activity according to the procedure and under the supervision
of the supervisors.
4.6 Staff
The company has defined responsibilities and authorities in order to facilitate
effective implementation of quality management and these are communicated to
relevant persons in organization.
Responsibility and Authority for Head of Personnel

Responsibility
Developing training objectives for the organization in line with the
companys policy and business plans
Management review meeting
Overall responsibility for all personnel and industrial relations functions
Co-ordination with external training agencies for training programs
Authority
Overall control of recruitment and development of personal at all levels in
the organization
Planning, scheduling and arranging training for all levels and maintaining
relevant training records
Periodic review of effectiveness of training and initiating necessary
actions
Liaison with government agencies to ensure compliance with statutory
requirements
4.7 Shared Value

Shared values include the core values, which are the essential guiding principles,
doctrines and core purpose, which encompass the companys business goals how
it strives to achieve and the values it will uphold in determining corporate
destiny.
Prragathi quality policy is that it gives satisfaction to each and every
customer
Prragathi provides a safe work environment
Prragathi delivers goods quality of finished goods to their customers
CHAPTER-5
SWOT ANALYSIS
Prragathi steel casting private limited has the following Strengths, Weakness,
Opportunities and Threats.
5.1 Strengths
The company has good manpower

The company has a good cordinal relationship with the workers
It is ISO 9002 certified company
The company has good staff and workers
Yearly the company provides a good quality casting and satisfying their
customer needs
The good infrastructure
The company has taken learning from the Japan
It produces quality casting as per the customer requirement
This covers the loose patterns and match plated patterns of all customers
to all grades
Continual improvements in the environmental occupational health and
safety performance
5.2 Weakness
There is no canteen facility in inside the industry

There is no infrastructural facility for workers in bus stop to company
Retention of best talent leading to turnover of employees
Non availability of raw material viz. wood
5.3 Opportunities
The company has a good demand for casting
The company has more opportunities to enter into a foreign market. By
maintaining good quality of product
There are skilled labors available to company for producing quality goods
efficiently
The company has well plant layout to expansion of business
Availability of skilled workers
5.4 Threats
Raising cost of raw materials could affect marketing advantage that the
company possesses now
Expansive transportation cost
Strength environmental pollution restriction on the polluting industries
Technological industry among foundries
CHAPTER-6
FINDING, SUGGESTIONS AND CONCLUSION
6.1 Findings
The financial position of the company is very good and it is running in
profit
The fame of company is spread to all over India. So customer knows this
through media other than personal contact.

Transaction of the company is dealt with the customer.
Quality and price of the company protectors satisfactory
PSCPL having good relationship with the suppliers, and customers
Through many customers are purchasing steel casting from other
companies also but the quality of Prragathi Steel Casting Pvt Ltd, is
superior
The company is giving good customer service so as to enable the
customer is purchasing the steel casting
The company come in to in 1987 from itself the company has many
customer and the rate of customer is increasing day by day.
6.2 Suggestions
Improve good commission to the traders for further increase of sales

Improve the technology for the sake of growth in production
Customer service on delivery should be improved so that the supply of
product customer must be masses in the correct and at the needed time
There must be proper utilization of installed capacity it helps to increased
profit
The credit facility has to be given to the customers with less interest
charged is need
Transportation facility should be provided to the employees
The company should try to capture the new market and try to get more
orders from the customer
The company mainly need have canteen facility in factory premises
6.3 Conclusion
The study has revealed that PSCPL is a growing company. My stay at PSCPL
was indeed very beneficial to me as it was more of learning than just working. I
got very good co-operation from all the employees at PSCPL company during
my organizational study.
It gave me a chance to know about the different departments within it. It was a
wonderful experience to interact with the people from various departments which
are definitely going to help me a lot in my upcoming future.
Every organization makes sure that its employees are satisfied and are happy
working in the organization. Every working person expects some benefits from
its organization apart from the basic salary paid to him for his work. An
employee tends to be more satisfied from the additional benefits that he obtains
from the organization. PSCPL is one of those organizations who provide good
benefits to its employees and they are satisfied in the organization.

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Prragathi Steel Casting Pvt. Ltd.

Institute of Management Studies & Research

Prragathi Steel Casting Pvt. Ltd.,

1.2 Objectives of the Study

To know the production process.

1.3 Scope of the Study

1.4 Research Methodology

1.5 Limitations of the Study

Prragathi Steel Casting Pvt. Ltd.,

2.2. History of Castings

Prragathi Steel Casting Pvt. Ltd.,

Air craft jet engine bladder

From the above application, it is evident that without casting it is unlikely to

2.3 Origin of Casting

Prragathi Steel Casting Pvt. Ltd.,

2.4 Meaning of Casting

2.5 Present Status of the Industry

Prragathi Steel Casting Pvt. Ltd.,

Prragathi Steel Casting Pvt. Ltd.,

ignore implementation of compliances. The industries also have to strive to

2.6 Types of Foundries

2.7 Commercial Foundries

Prragathi Steel Casting Pvt. Ltd.,

2.8 Types of Commercial Foundries

2.9 Hobby Foundries

Institute of Management Studies & Research

Prragathi Steel Casting Pvt. Ltd.,

2.10 Indian Famous Foundries are

2.11 THE INDUSTRY HAVING ITS OWN REQUIREMENTS TO

Prragathi Steel Casting Pvt. Ltd.,

INVESTORS --- DIVIDENT AND GROWTH

Prragathi Steel Casting Pvt. Ltd.,

: Prragathi Steel Casting Private Limited.

: Shimogga- Bhadravathi KIADB industrial

: ISO 9002 Company

carbon steel, alloy steel, stainless steel and

: 150 metric tons per month

3.2 Organization Priorities

Manufacture and supply products as per customers requirements.

3.3 Work Ethics

Institute of Management Studies & Research

Prragathi Steel Casting Pvt. Ltd.,

3.5 Mission Statement

promise to give it to him.

3.6 Vision Statement

3.7 Quality Policy of the Company

Institute of Management Studies & Research

Prragathi Steel Casting Pvt. Ltd.,

and there by achieve leadership in market as a reputed and reliable

To develop a culture of continual improvement in quality, delivery,

3.8 The Main Products of Industry

Institute of Management Studies & Research

Prragathi Steel Casting Pvt. Ltd.,

3.9 Competitors Information

3.10 Infrastructural Facilities

Institute of Management Studies & Research

Prragathi Steel Casting Pvt. Ltd.,

Institute of Management Studies & Research

Prragathi Steel Casting Pvt. Ltd.,

Institute of Management Studies & Research

Prragathi Steel Casting Pvt. Ltd.,

PSCPL PRESENT ORGANISATION CHART