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EXECUTIVE SUMMARY
M/s Mother India Forming Pvt. Ltd. (Steel Division Bangalore) are
running a pig steel industry situated at 197, Bommasandra Industrial Area,
Hosur Main Road, Anekal Taluq, Bangalore. Originally, this industry was
established in 2000 by M/s M.I Goldline. The industry has a production
capacity of 25,000meter/month. However, the Consent for Operation from
KSPCB was obtained for the production of 25,000meter/month. M/s
Mother India Forming Pvt. Ltd. is an Indian company with worldwide
refutation in steel and alloy steel manufacture. Considering huge demand in
the country, the company has proposed to enhance the steel production
capacity of the industry from 25,000 meter/month to 50,000meter/month.
The production capacity will be enhanced mainly by full utilization of the
existing surplus plant capacity and up gradation of process technology. The
expansion does not involve procurement of additional land or construction
of additional buildings.
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Practical Exposure
Industry Exposure
Presentation skills
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Field work
It gives the opportunity to go the field to learn and collect data and learn
about organization.
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ORGANISATION STUDY
organization in detail.
METHODOLOGY OF STUDY
The required information and data was assimilated through two sources:
PRIMARY DATA
SECONDARY DATA:-
Internet.
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ORGANISATION STUDY
The study is for a short duration and hence all the aspects of all the
The study is limited to the organizational structure and brief details of all
the departments. Technical details are not covered, only a brief outline
There has been limited access to the annual reports of the company.
It is my sincere hope that in spite of all limitations, the reader finds this
serves the purpose efficiently and meaningfully for which it has been
intended.
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COMPANY PROFILE
M.I Group is one of India’s leading and fastest growing business groups
with over 25,000mt/month steel production capacity and having multi
location plants and units. With experience of more than two decades in the
industry M.I Group has diversified business interest in the national and
international market.
Mother India Forming [P] Ltd. was founded in the years 2000 because
Mr. Ghanshyam Sankhla & Mr. Sujaram believed they could supply a
higher level of service to the welded tube profile industry. They surrounded
themselves with the industry's most knowledgeable people, and they built a
technology-based and growth- oriented tube manufacturing business that
never wants to settle for less than the best. Today, our company consistently
achieves a high level of quality and perfection in its categories of tube
products, and is widely recognized in the industry as exactly what Mr.
Ghanshyam Sankhla & Mr. Sujaram founded this company to be:
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MIF also knows that to meet their own standard of service, products must
arrive at the customer destination intact and fully meeting specifications.
It's all about giving the customer the peace of mind to know that when they
place an order with MIF, they never have to worry if the product will arrive
on time and be right.
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GHANSHYAM SANKHLA
(M.I GOLDLINE CHAIRMAN)
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MISSION
To Excel in quality international Business
VISION
To be recognized internationally as best procurement partner
CORE VALUES
Customer loyalty
Customer Satisfaction
Commitment to Quality
Continuous Commitment
BUSINESS STRATEGY
To attain market leadership in value added, engineering steel segment
by constantly upgrading manufacturing technologies and adopting cost
effective methods of steel making.
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M.I GROUP
The M.I Group is one of the leading steel Industrial House in India,
having diverse business interest in Engineering Steel, Welded Tubes, Steel
Channels, ERW Steel Tubes, Tubular Profiles and Welded Tube Profile.
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For Marketing
Mr. Ghanshyam Sankhla
Mr. Sujaram
For quality
Mr. Srinivas
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2. Manufacturing Department
5. Safety Department
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2. Induction
4. Employee Relation.
5. Appraisal Process
6. Employee MIS
Communication
Leave Facility/Holidays
Salary Payments
Discipline
Safety
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Resignation/ Separation
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MANUFACTURING DEPARTMENT
The consumer of Mother India Forming can be confident that only the
finest quality of steel and zinc (For G.I Tubes) goes into production.
Stringent Quality Control is exercised with latest facility right from the
selection of raw material to the finished product.
All tubes are subjected to extensive test including the hydraulic test, so that
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there Is no leakages and before leaving, pipes passes through prescribed
quality control process to ensure the best quality.
The company has qualified pre-inspection audit and registered for the third
party inspection
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The vision of the M.I. Group is to be recognized globally as leaders through
engineering excellence, providing diverse skills to all its existing and
emerging businesses. It is our mission to provide responsive, valued and
critical manufacturing technologies and engineering expertise in support of
worldwide goals.
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Our world class manufacturing is supported by corporate research
including R&D, engineering support, advanced metallurgical analysis, and
cutting edge testing facilities. This support structure, coupled with
outstanding manufacturing capabilities, allows us to consistently provide our
customers with the highest quality products and ensure our world-class
status in this global marketplace.
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QUALITY POLICY
Quality policy of this department is to produce steel, which is based on
the part of the world.
Their main objective is to make steel very competitive in price. The
orders from the customers will be accepted only according to their capacity
to produce.
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GOALS
Profit maximization
Wealth maximization
FUNCTIONS
Funding Activity
Long term funds like debentures, term loans etc. are used for project
financing
TREASURY FUNCTION
They maintain separate cash & bank balance book. They deal with funds
by issuing cheques or with drawing cash.
BOOK KEEPING
A company should maintain separate books of account. There is a
computerized system including the accounts of purchase, sales, cash, bank,
stock, tax, fixed assets etc.
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The department has to disclose the information to the share holders of the
company.
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AUDIT
It Consists Of
The closing of account is done on yearly basis. There will be yearly date
i.e. on April-March, which is considered as financial year. The main
responsibility of accounts department is to arrange the funds time to time. At
the end of accounting period they prepare profit and loss account, balance
sheet. Then the final account is submitted to share holders. After that the
auditors do the final auditing.
TAXATION
There are different types of taxes like Income tax, Sales tax, and Excise tax
etc. The income tax is of two types one on the company & the other in the
establishment. On the company it is based on the profitability. In the
establishment the employees or contractors will be leaved tax. The
authorities take the responsibility of paying tax by deducting the amount
from their salaries.
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Looking into the working requirements like men, material, money etc.
Responsible of auditing
RESPONSIBILITIES
operation to be maintained.
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ANNUAL RESULTS (Rs lacs)
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SAFETY DEPARTMENT
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The group is committed to having a safe and pleasant working environment.
Health & safety best practices form an integral part of the group's business
activities.
We believe that our employees are the key to our company's success and it is
our moral responsibility to ensure that they have a safe & healthy working
environment. Safety is a top priority in all our operations across the group.
All group companies have a safety committee that meets regularly to provide
updates on safety issues, conduct rehearsals of safety procedures and onsite
emergency action plan and training programs on safety related issues. Our
goal is to drive injuries, occupational illnesses and operational incidents as
close to zero as possible. To realize our zero-accident goal, we are taking
further measures to reduce risks by undertaking risk assessment of our
manufacturing facilities. Operation manuals are prepared and each operation
unit also educates its employees on labor safety.
RESPONSIBILITIES:
That human life is precious. Safety of human lives and limbs has overriding
importance. Whatever else may be the business or manufacturing
compulsions
We are committed
activities
preventing accident
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To use safety appliances and devices
of "Total Safety"
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SWOT ANALYSIS
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Strengths
scrap.
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Weaknesses
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Concentrated on South India market only but they neglected the other
parts of India.
Opportunities
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Threats
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Price hike in raw materials.
Competition from the new entrants in the region like Jhanaki, Benaka
& others
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RECOMMENDATIONS
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It can provide good commission to the traders for further increase in
sales.
M.I Group could try to enter all the regions of India as its new market
place.
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As some of the employees refuse to accept new role & responsibilities
they may be motivated in terms of monitory benefits. There by the
employers may take initiatives to accept new roles & responsibilities.
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SUGGESTIONS
The Organization should take suggestions from workers and that have
to be implemented seriously
o Reduction in wastage
o Reduction in maintenance
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M/s. Mother India Forming Pvt. Ltd. are running 25,000 meter/month steel
plant at Bommansandra Industrial Area, Hosur Main Road, Anekal Taluq,
Bangalore in Karnataka State. They have proposed to enhance the
production capacity of the plant from 25,000mt/month to 50,000mt/month.
steel in the country. This has the potential to curtail the export
of steel.
c. This industry does not produce any toxic products and does not
have significant adverse effect on the quality of land, water and
air. The industry has taken all the necessary preventive
measures to mitigate even the small effects which may be
caused by industrial activities.
d. There are no protected forests, sanctuary, archeological
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BIBLIOGRAPHY
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1. ‘Human Resource & Personnel Management’
By K. Aswathappa.
Published by TATA McGraw-Hill Publishing Company Limited
Fourth Edition
2. Internet reference
• www.migoldline.com
• www.google.com
• www.indianstatistics.com
• www.iloveindia.com
• www.steelscenario.com
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