AN ORGANIZATIONAL STUDY ON

KERALA MINERALS AND METALS

LIMITED, CHAVARA
Submitted in patia! "u!"i!!ment
#" t$e e%uiement "# t$e a&ad
#" t$e De'ee #"
Ma(te #" )u(ine(( Admini(tati#n
#" Ma$atma Gand$i Uni*e(it+, K#tta+am, Kea!a
Submitted b+
,I,O THOMAS
ENTROLLMENT NO -
COURSE CODE - CC./
Unde t$e 'uidan0e #"
M1,a+an
)SS IN2ORMATION TECHNOLOGY MISSION
THYCAUD
MG UNIVERSITY O22 CAM3US ACADEMIC CENTRE
ACKNO4LEDGEMENT
2i(t #" a!! I t$an5 A!mi'$t+ G#d &$# $a( been &it$ me t$#u'$#ut
t$i( endea*#u and $e!ped me in 0#mp!etin' t$i( p#6e0t (u00e(("u!!+1
I $a*e 'eat p!ea(ue in e7pe((in' m+ (in0ee and 'ate"u! t$an5( t#
m+ intena! 'uide M1 ,#$n "# 0#ntinu#u( 'uidan0e t$#u'$#ut t$i( p#6e0t1
I #&e m+ (in0ee and 'ate"u! t$an5( t# t$e e7tena! 'uide #" KMML,
C$a*aa, M1 K#0$##mmen 8A((t1 3e(#na! O""i0e9 "# 'uidin' me t# t$i(
p#6e0t &#51
La(t but n#t t$e !ea(t I t$an5 a!! m+ "a0u!t+ membe(, a!! emp!#+ee(
and mana'e( #" KMML, m+ paent( and m+ "iend( &$# $a*e been a (#u0e
#" in(piati#n and a!(# $e!ped me t$#u'$#ut t$i( p#6e0t1
,i6# T$#ma(
DECLARATION
I, ,i6# T$#ma( $eeb+ de0!ae t$at t$e p#6e0t &#5 entit!ed An
O'ani(ati#n Stud+ at Kea!a Minea!( and Meta!( Ltd1 i( a e0#d #"
#i'ina! &#5 d#ne b+ me unde t$e 'uidan0e #" Intena! Guide, M1
Sa(i5uma1 I a!(# 0#n"im t$at t$i( p#6e0t (tud+ $a( n#t been (ubmitted
be"#e1
CERTI2ICATION
T$i( i( t# 0eti"+ t$at M1 ,i6# T$#ma(, Re'i(te N#::::1:11 $a(
undeta5en an #'ani;ati#na! (tud+ #n Kea!a Minea!( and Meta!( Limited,
C$a*aa and t$i( ep#t i( t$e e(u!t #" #i'ina! &#5 d#ne b+ t$e 0andidate1
T$i( p#6e0t ep#t i( patia! "u!"i!ment #" t$e e%uiement( "# t$e
a&ad #" t$e De'ee #" Ma(te #" )u(ine(( Admini(tati#n 8M1)1A19 "#m t$e
Ma$atma Gand$i Uni*e(it+, K#tta+am1
Si'ned b+ C#unte Si'ned b+
3#6e0t Guide C#unte C##dinat#
LIST O2 CONTENTS
S!1N#1 Tit!e 3a'e N#1
/1 Int#du0ti#n t# t$e (tud+
.1 Aim, Ob6e0ti*e #" t$e Stud+
<1 Met$#d#!#'+
=1 S0#pe #" t$e Stud+
>1 Limitati#n( #" t$e Stud+
?1 Indu(t+ 3#"i!e
@1 Ceti"i0ati#n(
A1 KMML La+#ut
B1 C#mpan+ 3#"i!e
/C1 3#du0t 3#"i!e
//1 Vi(i#n, Mi((i#n, Ob6e0ti*e(
/.1 O'ani;ati#n Stu0tue
/<1 2un0ti#na! Depatment(
3e(#nne! and Admini(tati#n Depatment
Ma5etin' Depatment
2inan0e Depatment
3#du0ti#n Depatment
Maintenan0e Depatment
Mateia!( Depatment
Data 3#0e((in' Depatment
2ie and Sa"et+ Depatment
Te0$ni0a! Depatment
Re(ea0$ and De*e!#pment Depatment
3#6e0t
/=1 S4OT Ana!+(i(
/>1 2indin'(
/?1 C#n0!u(i#n
/@1 )ib!i#'ap$+
/A1 Appendi7

LIST O2 CHARTS AND 2IGURES
S!1N#1 Tit!e 3a'e N#1
/1 O'ani(ati#n Stu0tue #" KMML
.1 O'ani;ati#n C$at #" 3e(#nne! Depatment
<1 O'ani;ati#n C$at #" Ma5etin' Depatment
=1 O'ani;ati#n C$at #" 2inan0e Depatment
>1 3#"it D L#(( A00#unt
?1 )a!an0e S$eet
@1 O'ani;ati#n 0$at #" p#du0ti#n Depatment
A1 )a(i0 3#0e((in' Step(
B1 O'ani;ati#n C$at #" Maintenan0e Depatment
/C1 O'ani;ati#n C$at #" mateia!( Depatment
//1 O'ani;ati#n C$at #" data p#0e((in' depatment
/.1 O'ani;ati#n C$at #" "ie and (a"et+ Depatment
/<1 O'ani;ati#n C$at #" te0$ni0a! Depatment
/=1 O'ani;ati#n C$at #" Re(ea0$ D De*e!#pment
/>1 O'ani;ati#n C$at #" p#6e0t Depatment
CHA3TER E /
INTRODUCTION
AN INTRODUCTION TO THE STUDY
Organizations play major role all over the world different organization
meet people needs and provides them with product, service, or both. Due to
globalization, the world has become a global village. This has very much helped
people to get their needs. Different firm play different role and has its own
importance. For my study, I have chosen erala !inerals "nd !etals #imited. It
is a well$reputed company fully owned by the %tate &overnment of erala.
The 'ompany has indulged in the manufacturing of world class Titanium
Dio(ide. It has been ran)ed among the top ten competitions in the world
producing its own product. In this study, I will be covering the organization as a
whole briefly. *ope I succeed and fulfill the study that I began with.
!!# is a world class producer of mineral sand based value added
products. In India, !!# is the only producer and distributor of rutile grade
Ti+,. The company enjoys monopoly and faces no competition in India. -ut in
foreign mar)ets, the company faces competition from a number of companies.
AIM O2 THE STUDY
Our .+ days organization study is aimed to get an industrial e(posure and to
understand the functioning of the organization in real life. It is intended to help
students to lin) the corporate management practices in an organization with the
theory
O),ECTIVES O2 THE STUDY
/0 To ac1uire )nowledge about the company has learnt.
,0 To get the )nowledge about the functional and managerial aspects of
!!#.
.0 To brief study of !!#.
20 To get the practical )nowledge of !!#.
30 To analyze the functional position of !!#.
METHODOLOGY
There are . steps involved in an organization study. It can be described as
follows
/0 The first step is the collection of all available information from various
primary and secondary data sources. 'ollecting information from
manuals, reports, articles etc, which were provided by !!#
regarding the origin, facilities available in the company and a brief on
its activities and functions.
,0 Interviewing departmental heads and other staff for understanding the
activities of each department, structure and the roles played by each of
them.
.0 4isiting the operational sites of various departments. The main aim is
to obtain a physical feel of the departments and observe the activities
performed by it, and it5s important to the whole organization.
That is the study has been conducted using primary and secondary data.
The data were collected with the help of 1uestionnaire6 interview and observation.
Two sources are used for collection of data. Two sources of data are
/0 7rimary sources of data collection
/0 %econdary sources of data collection
3ima+ data 0#!!e0ti#n( ae
Observation
7ersonal interview
Se0#nda+ data ae 0#!!e0ted "#m
'ompany brochure
'ompany8s website
-usiness !agazines
SCO3E O2 THE STUDY
For the organizational study I have chosen erala !inerals and !etals
#imited, It is a well$reputed public sector underta)ing in erala %tate. In this
study, I will be covering the organization as whole briefly. From the
organizational study it has provided the first hand )nowledge regarding the
functioning of !!# and gets more )nowledge about its !ar)eting, Financing
and all over the functional areas of the organization. The organizational study
program has been highly beneficial to me. Through this study
9
/0 The student shall get familiarized with the structure, systems, procedure
and functioning of an organization.
,0 The student shall encounter practical situations which re1uire immediate
solutions by relating numerous theories and concepts into practice.
.0 %tudents can come with unbiased and impartial suggestions and
recommendations.
LIMITATIONS O2 THE STUDY
/0 The study was conducted within a period of stipulated time.
,0 The wor)ers were busy with their wor) and had little time available for an
interview or conversation.
.0 The manager5s time availability for discussion were limited and fre1uently
interrupted due to official commitments.
CHA3TER F .
INDUSTRY 3RO2ILE
INDUSTRY 3RO2ILE
The world is rapidly shrin)ing with the advent of communication,
transportation and financial flows product development in one Industry are
finding enthusiastic acceptance in other industry. "s the Industry, which is
manufacturing Industry, product definitely depends on the end user Industries.
Industry plays a significant sole in every firm. Industrial development has
been given on greater importance in Indian planning on account of Industrial
development. Industry is necessary in productivity, employment, national Income
and rate of capital formation in India witnessed large scale diversification India.
:ow India occupies tenth place among the industrially developed countries
in the world.
TITANIUM DIOGIDE INDUSTRY IN INDIA
The Indian reserves of illmenite and rutile is e(pected to the around ;+
million tones. The most important sources of illmenite in India are beach sands of
south. !aharashtra, Orissa, Tamilnadu and in erala is around 23 million tones.
There are about ,+ million tones reserves in Orissa.
This information threw light in to the possibilities of new manufactures and
competitions in Titanium Dio(ide pigment Industry in the Indian !ar)et with the
increasing demand for the paints, rubber, plastic and printing in)s etc. The arrival
of new manufactures will be more in the near future. This will ultimately results in
tight competition.
CERTI2ICATIONS O2 KMML
/9 ISO BCC/-.CCC
Ceti"i0ate "#m )ueau Veita( Hua!it+ Intenati#na! 8)VHI9
and holes certification of United Kin'd#m A00editati#n( Se*i0e 8UKAS9. The
<nited ingdom "ccreditation %ervice is the sole national accreditation body
recognized by government to assess, against internationally agreed standards of an
organizations that provide certification for testing, inspection and calibration
services.
and accredits certification from ANSIFASH Nati#na! A00editati#n )#ad
8ANA)9 is the <.%. accreditation body for management systems, ":"- is a
member of the International "ccreditation Forum and a signatory of the I"F
!ultilateral 'ooperative "rrangements =!'"0 , ":"- ensuring accredited
certificates which are recognized nationally and internationally for good 1uality
management system.
.9 ISO /=CC/-.CC=
Ceti"i0ate "#m )ueau Veita( Hua!it+ Intenati#na! 8)VHI9
and accredits certification of Nati#na! A00editati#n )#ad "# Ceti"i0ati#n
)#die( 8NA)C)91 :"-'- is a member of International "ccreditation Forum
=I"F0 having !ultilateral >ecognition "rrangement =!#"0 to certify I%O /2++/
$ ?nvironmental !anagement %ystem.
and holes certification of United Kin'd#m A00editati#n( Se*i0e 8UKAS9. The
<nited ingdom "ccreditation %ervice is the sole national accreditation body
recognized by government to assess, against internationally agreed standards of an
organizations that provide certification for testing, inspection and calibration
services.
<9 OHSAS /ACC/-/BBB
Ceti"i0ate "#m )ueau Veita( Hua!it+ Intenati#na! 8)VHI9
The O00upati#na! Hea!t$ and Sa"et+ A((e((ment Seie( 8OHSAS9 specification
gives re1uirements for an occupational health and safety =O*@%0 management
system, to enable an organization to control its O*@% ris)s and improve its
performance.
Nati#na! and Intenati#na! a&ad( 0#n"eed #n KMML
:ational award for > @ D efforts industry for the best research and
development efforts by department of %cience and Technology=/AA,0
F"'T ! :"I> !emorial productivity "ward /AA.$A2,A2$A3 for the
best productivity performance by erala %tate 7roductivity 'ouncil
?nergy 'onservation "ward /AAAin appreciation for outstanding
achievements towards energy conservation and management in the
category of large scale industries
F"'T ! :"I> !emorial productivity "ward ,++/$+, for second in
productivity performance by erala %tate 7roductivity 'ouncil ,++/
F"'T ! :"I> memorial productivity "ward /AAA$,+++,,+++$+/ for
first in productivity performance=#arge Organization0 by erala %tate
7roductivity 'ouncil
?nergy 'onservation "ward ,++/ for conservation and management in the
category of large scale industries by ?nergy management centre erala
,++/
"ward for >evenue performance ,++. for the best performance by central
e(cise, customs ollam Division ,++.
!ar)eting campaign "ward ,++. for best mar)eting campaign by "sia
pacific coating ,++.
International gold medal for the Buality of the product and efficiency of
the company by Forum erala #umpur &lobal >ating < ,++.
%pecial ?(port "ward for e(port performance by chemicals and "llied
?(port 7romotion 'ouncil ='"7?CI#0 sponsored by ministry of
'ommerce &overnment of India ,++,$+.
EM3LOYEE STRENGTH
There are about ,/+ officers and //,, wor)men in !!#. The total
strength is /..,.
2UTURE 3LAN
The company is studying the possibility of the productivity of more
economic titanium metal sheets. >ecently, researchers established that the
"eronautic Industry could use Titanium metal instead of "luminium alloy or
Duraluminium coverings. The company is in the process of e(pansion and the
target e(pected is appro(imately as shown be/owD
/. " new !ineral %eparation 7lant of capacity , la)hs tones per year
illmenite
,. " new %ynthetic >utile 7lant of capacity /.. la)hs tones per year
.. " new /++ tones per day O(ygen 7lant
2. 'apacity enhancement of TiO, pigment plant / la)h tones per year
3OLLUTION CONTROL
!!# has elaborate 7ollution 'ontrol system with respect to both water and
air pollution. The waste =acid0 from illmenite -eneficiation 7lant are sent to
?ffluent :eutralization 7lant =?:70. ?:7 consist of a 7rimary :eutralization
Tan) =7:T0 and %econdary :eutralization Tan) =%:T0 where it is treated with
caustic soda solution. The totally neutralized slurry from the %:T is pumped to
3++++m. capacity setting pond provided with impervious clay, polythene lining at
bottom side where the solids are settled. The dye solution from setting pond of
,3+++m. capacity where the balance solids are allowed to settle. Then clean
water from the polishing pond meeting all specification stipulated by 7ollution
'ontrol -oard authorities is pumped in to the "rabian %ea.
"ll gases from 'hlorination, O(idation, Illmenite -eneficiation 7lant and
"cid >egeneration 7lant are passed through scrubbed water or caustic solution to
absorb the to(ic gases diluted with enough fresh air and only let out to the
atmosphere through tall slac)s.
KMML
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CHA3TER <
COM3ANY 3RO2ILE
COM3ANY 3RO2ILE
erala is blessed with rich and e(tensive mineral deposits. This deposits
stretch along the sea cost between :eenda)ara and ayam)ulam, a trac)
generally )nown as 'havara coast. This deposits stretch up to a distance of /H m
along the coastal strip and having a depth of Hm. The dar) sands of Travancore
coast are rich in mineral deposits as !onazite, I/lmenite, >utile, Iircon etc.
The company is located at %an)aramangalam near 'havara, ollam a
coastal town H3 )m north of Thiruvananthapuram. !!# is situated on the side
of :*$2J to about ,H3 acres in area. !!# has a worldwide reputation, a
socially responsible company with an eco$friendly image. The company derived
strength from its dedicated manpower and customer organization. !!# is fully
owned erala &overnment ?nterprise. There are about ,+++ employees in the
company at present that helps !!# to grow.
Hi(t#+ #" KMML
In the earliest periods of /Ath century, precisely in /A+A a &erman
scientist named !r. %chaumberg happened to discover traces of I/lmanite and
monazite in the blac) beach sands of 'havara coast in the erala state of India.
%chaumberg who was then wor)ing for an ?nglish firm got the sand e(ported to
?ngland. "t that time there was great demand for monazite because of its wide
application in the mantle ma)ing of gas lights. 'ontinued efforts of &erman led to
the discovery of other minerals such as >utile, Iircon, %ilmanite etc in large
volume in the sand of 'havara coast between :eenda)ara and ayam)ulam.. The
discovery of monazite was 1uite accidental. ?venthough the &erman laid
foundation for a mineral separation plant at 'havara its activities were curtained
by Eorld Ear ,.
The first full fledged mineral separation plant in 'havara was established
by a private entrepreneur in /A., as F. C. 7ereira and %ons =Travancore0 7vt.
#td. They were involved in mining and separating mineral sands into various
constituents li)e Illmanite, !onazite, >utile, Iircon, #euco(ene etc. During /A3;
this concern was ta)en over by the state government and was placed under the
control of its industries department. The unit was converted as a limited company
with effect from /.2./AJ, in the name of 9The erala !inerals and !etals #td9.
Initially the company had only one unit )nown as 5!ineral %eparation
7lant5. In /AJ2 the company received intent for the production of Titanium
dio(ide =Ti+,0 pigment using 'hloride process. In /AJ; !!# registered its ,nd
unit )nown as Titanium dio(ide 7igment 7lant. Its construction started only in
/AJA and total capital cost was >s./22 'rores. The plant was commissioned in
December /AH2. !!# became the first and only Integrated Titanium dio(ide
plant in the world.
?ven though !!# was commissioned in /AH2 it was not able to operate
efficiently due to technical problems. Due to these problems the company has to
suffer an accumulated loss of more than the capital investment over a period of H
years.
In the above circumstances it was in /AA/ that the entire personnel of
!!# from top management to down to the lowest wor)ers started to thin)
individually and collectively about the re1uirement of a 5Turn "round5. " strategy
was planed and implemented with the wholehearted support of the wor)force
during the period /AA/$/AA../t started to yield results and the 'ompany attained
the brea) even level by /AA..From /AA.$/AA2 onwards, the company started to
ma)e profits and wiped out the entire accumulated loss within a few years and
repaid the long term loans. Thereafter, it is the story of success and growth.
INCOR3ORATION O2 KERALA MINERALS AND METALS LIMITED
erala is a land enriched with heavy mineral deposit. This richness evolved
the formation of the company erala !inerals and !etals #imited =!!#0.
It was all way bac) in /A+A, when a &erman 'hemist namely
Dr. %chaumberg noticed some brown sand particles stic)ing with coir e(ported
from India. *e realized that the particles present were !onazite leading to the
discovery of vast deposits of !onazite in the blac) beach sands of
!anavala)uriclll in the east Travancore state. #ate the &eological %urvey of India
established the occurrence of !onazite and other earth minerals li)e limonite,
>utile, #euco(ene, %illimanite and Iircon.
!iss. F C 7ereira @ %ons =Travancore0 7rivate #imited were the pioneers
who established the first full fledged !ineral %eparation industry in 'havara area
way bac) in /A., using the dry separation process. &radually the company found
itself in financial crisis and in Kanuary /A3;, the erala %tate &overnment too)
over the company and continued under name F .C.7 !inerals in /AJ, the
&overnment renamed the name of the company as. The erala !inerals and
!etals #imited =!!#0. "t present !!# consists of two units, the !ineral
%eparation 7lant and the Titanium Dio(ide 7igment 7lant.
TECHNICAL COLLA)ORATION
The !!# entered in to technical collaboration with three
multinational corporations !Gs. ers !' &ee 'hemical 'orporation of <%".
!Gs. -enedict 'orporation of "merica. !Gs. Eoodall Du)ham of < respectively
for the above. The !etallurgical of ?ngineering 'onsultants India #imited
=!?'O:0 a &overnment of India <nderta)ing did the detailed engineering
2UNCTIONAL DE3ARTMENTS
ORGANIZATION STRUCTURE
MANAGING
DIRECTOR
GM 3RODUCTION
DGM 3DA GM
MARKETING
GM 2INANCE
MAINTENANCE
MANAGER
MANAGER
3ROCESS
EM3LOYEES
EM3LOYEES
AGM
SENIOR
ACCOUNTANT
ASST TO SENIOR
ACCOUNTANT
ACCOUNTANT
GRADE /
ACCOUNTANT
GRADE .
DE3UTY
MANAGER
EM3LOYEES
AGM
DE3UTY
MANAGER
MANAGER
MANAGER
4EL2ARE
ASST
3ERSONNEL
O22ICER
EM3LOYEES
EM3LOYEES
MARKETING
O2 2IRM
8DOMESTIC9
3URCHASIN
G O2 2IRM
ASST
GRADE
TY3IST 3EON
EM3LOYEES
DE3ARTMENTAL STUDY
#i)e any other public sector underta)ing !!# has separate departments
and separate e(ecutive heads for each department Departments are based on the
functional basis. ?ach department specializes in its own area of operation. The
various departments in the !!# areD$
/0 7ersonnel @ "dministration
,0 !ar)eting
.0 Finance
20 7roduction
30 !aintenance
;0 !aterials
J0 Data processing
H0 Fire @ %afety
A0 Technical
/+0>esearch and development Department
//07roject
/9 3ERSONAL AND ADMINISTRATIVE DE3ARTMENT
Of all the factors of productions, man is by for the most important. It is a matter
of common )nowledge that every business organization depends for its effective
functioning not so much on its material or financial >esources as on its pool of able and
willing *uman >esources.
! K Kueius defines Lpersonnel management as the field of management which
has to do with planning, organizing, controlling various operative activities of procuring,
developing, maintaining and utilizing a labour force in order that the objectives and
interest for which the company is established are attained as effectively and
economically as possible and the objectives and interest of all levels of personnel and
community are served to the highest degreeM.
4#5man C!a((i"i0ati#n
3emanent emp!#+ee(
There are about ,/3 officers and A;+ non technical staffs in the TiO,
pigment plant as permanent employees.
Emp!#+ee( en'a'ed #n 0#nta0t ba(i(
The employees wor)ed on contract for a limited period of time on terms
and conditions fi(ed by the company. They are mainly engaged through
employment e(change.
Temp#a+ # (ea(#na! 4#5e
These wor)ers are employed when the wor)load is more and seasonal
demand is high. They are dispersed when the wor) is over.
Ca(ua! Lab#u
They are employed from people who lost their land due to ac1uisition by
!!#. They are engaged first as casual wor)ers and then absorbed as permanent
employees when vacancy arises.
Appenti0e
"pprentice wor) for a period of / year as a part of training program as per
"pprentice "ct.
Cetain Re0uitment S#u0e(
o Internal %earch
o "dvertisement
o ?mployees >ecommendations
o ?mployment "gencies
o Temporary *elp %ervice
o %chools, 'ollege and <niversities
o 7rofessional Organizations
o 'asual or unsolicited "pplicants
o Other %ources
Re0uitment p#0edue in KMML
/. The employment e(change compulsory notification of vacancies
"ct./A3A stipulates that every establishment in public sector shall
before filling vacancy in any employment in the establishment in
public sector should notify the vacancies to the concerned
employment e(changes any failure to notify such vacancy is an
offence punishable under that "ct. Therefore the chief e(ecutive of
public establishments shall notify vacancies to comply with the "ct.
,. >ecruitment to managerial and professional posts carrying a starting
basic salary e(cluding D" and other allowances of >s /3+++ G per
month and above shall be made by selection from the applications
received through sufficient advertisement in newspapers. The
candidate sponsored by the employment e(change shall be selected
from the applications received through sufficient advertisement in
newspapers. The candidate sponsored by the employment e(change
shall also be considered for selection .If the details are furnished by
the employment e(change, call letters are issued to the short listed
candidates for the interview or test.
.. %election to all other post outside the preview of public service
commission shall be made from among the candidate sponsored by
employment e(change. In this case filling up of vacancies by
generating applications through advertisements in newspapers should
be attempted only after obtaining non availability certificates from
employment e(change.
2. >ecruitment to vacancies should be made by committees set up by
board of directors with not less than . members and atleast / of them
being government representative.
3. In respect of direct recruitment the principles of reservations as
applicable to government appointments should be adhered to the
principles of communal rotations and laid down in >ule /3 to /J of
the erala subordinate service >ules part II shall be followed.
;. :o preferences shall be given to the apprentice of the underta)ing
while ma)ing recruitment against permanent vacancies.
J. The practice of hiring persons on daily wages to man posts, which
can be called through employment e(change, shall be discontinued.
"ll e(isting vacancies should be anticipated and actions should be
ta)en to fill them. "ll amounts spent on hiring daily wage employee
shall be treated as irregular e(penditure, which could be recovered
from the appointing authorities.
H. The instructions already issued by the government to these e(tend
they are contrary to the foregoing procedure will be cancelled from the
date of issue of the circulars.

4#5in' H#u(
The company wor)s on shift bases. There are . shifts for plant and general
shift for "dministration. The timing is as followsD
" shift
; am to , pm
- shift
,pm to /+ pm
' shift
/+ pm to ; am
&eneral
A am to 3 pm
Stipu!ati#n(
"n employee has to report for duty at A am e(cept the employee wor)ed in
shifting times. *e may enter the company after one hour and will not be allowed
to enter after his grace time. "n employee entering after the grace time may losses
/3 minutes salary G wage for the first /3 minutes and between /; to .+ minutes
late he losses .+ minutes salary and between ./ min to ;+ min late he losses one
hour salary or wage. This is closely watched by the time officer.
4e!"ae A0ti*itie(
The provision regarding the Factories "ct /A2H re1uire the appointment of
a Fulltime #abour Eelfare officer in every concern which employs 3++ or more
employees. In !!# personnel and "dministration department is entrusted
which covers the intellectual, physical, more and economic betterment of wor)ers.
Aim( #" Lab#u 4e!"ae 2un0ti#n( in KMML
#abour welfare facilities have the following aimsD$
To overcome the monetary frustrations of the employees
To provide opportunities for development of individual talents
To provide assistance in solving personal and family problems of
employees
To offer facilities for the improvement of health of employees
'reate conditions where employees are able to develop a broader vision of
life matters.
)#nu(
?mployees who get more than >s.23++ per month are eligible for bonus.
"lmost all employees of !!# get it.
3#*ident 2und
7F was first introduced /A3; and administered by the trust. *ere both the
employer and employee have to contribute /, percent each of the basic pay,
where H./ G .N is transferred to pension fund.
Gatuit+
!inimum amount payable as gratuity is >s. 23++. ?mployees having
continuous service of 3 years are eligible for gratuity calculated as follows
&ratuity O -asic 7ay P Dearness "llowance Q /3 Q :umber of years G ,;
ESI
"ll the employees wor)ing here including casual and contract whose salary
does not e(ceed >s 23++ per month are covered under this "ct. "s and when
employees are registered with ?%I, they are entitled to get following benefits from
?%I
%ic)ness benefit
Disable benefit
Dependent benefit
!aternity
Funeral benefit
>ehabilitation
ALLO4ANCES
The allowances provided by me company for its employees as followers
H#u(e ent a!!#&an0e 8HRA9
Eor)men of me company shall be titled to *>" a /+ of me the basic
pay effective from //$/$/AAJ.
C#n*e+an0e A!!#&an0e 8CA9
<pto >s /++ given as 'onveyance "llowance as per the
memorandum of agreement.
$ S$i"t a!!#&an0e
?mployers wording in ", -, ' shift are paid >s .++ pm as shift
allowance
$ 4a($in' a!!#&an0e
Eashing allowance is >s ;+ pm. " least 3 days attendance is
necessary for this.
$ Ca($ tendin' a!!#&an0e
>s /3+$ /H+ pm is paid as cash handling allowance to employees
who loo) after the duties of the cashier
$ Mi!5 a!!#&an0e
Eor)ers haling /3 days of attendance are eligible for mil)
allowance amounting up to >s A+ pm
$ Stit0$in' a!!#&an0e
?mployees are given stitching allowance as follows uniform for
gents >s /H+. Over coast >s H3
For bounce of upon >s 2+
$ C$!#ine tan5e dut+ a!!#&an0e
>s /,+$/;+ >s paid as his allowance as this allowance
$ A0tin' a!!#&an0e
"ll wor)men in titanium dio(ide pigment RRR..of the company
wor) in the Sc8 shift will get night shift allowance of >s ,+G$.
$ Edu0ati#n A!!#&an0e(
?ducation allowance are granted to , children
<p to %.%.#.' O >s H+pm
%.%.#.' O >s A+ pm
7lus two O >s /++ pm
Degree O >s /,+ pm
7rofessional course O >s /2+ pm
$ Attendan0e A!!#&an0e
?mployees for offering in attendance of H+$A+N are given a bounce of >s
/++ greater than A+ are given a bounce of >s //+ ./++ N attendance are given /
day wage and D" =>s ,++0
Emp!#+ee 32 and pen(i#n (0$eme
In !!# the employee in T /+
,
pigment unit are covered by the
employee pf miscellaneous provision act /AA,. -ut the employees in the !%< are
not covered by this "ct./,N of basic part and D" will be recovered from the
salary an e1ual amount is contributed by the company in their account H... N of
the scheme is permitted to pension scheme and remaining ..;N is permitted to
employee8s provident fund.
H#u(in' !#an(
In !!# employees will get housing loan up to an amount of >s
2,++,+++ for construction of a new house and for e(tension of e(istion of e(isting
house >s ,,++,+++
Ve$i0!e !#an
The ma(imum amount by loan admissible for purchase of scooter motor
cycle to wor)men in !!# will be >s 3++++.intrest will be changed of the
e(isting rate.
N#nF"inan0ia! in0enti*e( in KMML
Financial incentives are used to motivate employee for higher wor)s
.however individuals have various needs, which they want to satisfy while
wor)ing in the organization .people at comparatively higher level of managerial
hierarchy attach more important to socio$psychological needs, which cannot be
satisfied by money alone. The following are me important non$financial infective
in !!#
LEAVE
Annua! !ea*eD $
In !!# employers are allowed ,; days by annual leave for every
completed calendar year by service,
Si05 !ea*e
?mployers of !!# are eligible for /2 days sic) leave every year and
half pay sic) leave.
Ca(ua! !ea*e
'asual leave of /2days for a calendar year will be allowed to all
employers, speed leave with wages, as presently given to heart patients are e(tent
ended to these wor)ers shuffling from cancer, those undergoing )idney
transplantation and brain disease .those wor)ers who undergoes sterilization
operation will eligible for all benefits available to the safe government employers
doing sterilization operation.
TRADE UNION
There are 2 trade union in !!#
/. Titanium comple( employee unions =<T<' >%7 '-0
,. Titanium comple( employee congress =I:T<'0
.. !! titanium comple( employee union ='IT<0
2. !! titanium comple( employee union =%T< =!<%#I<! #?"<&?0
4AGE STRUCTURE
S! n# Cate'#+ #" emp!#+ee
E7i(tin' (0a!e #"
pa+
Re*i(ed (0a!e
8R(9
/ Eor)ers grade
employees, sweeper,
scavengers
.H++$H+$2+2+$H3$
22;3$//+$3+/3$
/.3$3H,3
2.H+$H3$2;3$//+$
3+/3$/.3$3H,3$
/3+$;J,3
, %ecurity guards and
peons
2.H+$H3$2;3$//+$
3+/3$/.3$3H,3$
/3+$;J,3
2JA3$//+$3+/3$
/.3$3H,3$/3+$
J.,3$/J+$A+,3
. -luer pin) operator
record )eeper and store
attitude
2JA3$//+$3+/3$
/.3$3H,3$/3+$
J.,3$/J+$A+,3
3/3+$/.3$3H,3$
/3+$J.,3$/J+$
A+,3$,++$A,,.
2 Fireman drivers 3/3+$/.3$3H,3$
/3+$J.,3$/J+$
A+,3$,++$A,,.
32,+$/.3$3H,3$
/3+$J.,3$/J+$
A+,3$,++$A;,3
3 Operation grade ' with
typist, steno,
accountant, assistant
canteen super wiser
32,+$/.3$3H,3$
/3+$J.,3$/J+$
A+,3$,++$A;,3
3;A+$/.3$3H,3$
/3+$J.,3$/J+$
A+,3$,++$/++,3
; Operators grade -
receptionist, male,
nurse, etc
3;A+$/.3$3H,3$
/3+$J.,3$/J+$
A+,3$,++$/++,3
;,J3$/3+$J.,3$
/J+$A+,3$,++$
/+H,3$,/3$//2J+
J %enior grade assistant
operation grade "
canteen supervisors,
operational technical
;,J3$/3+$J.,3$
/J+$A+,3$,++$
/+H,3$,/3$//2J+
J.J3$,++$A+,3$
,++$/+.3+$,3+$
///.3$,3+$//AA3
.9 MARKETING DE3ARTMENT
9!ar)eting is a social and managerial process by which individuals and
groups obtain what they need and want through creating and e(changing products
and value with others9$$$$$$$$$7hilip otler.
A)OUT KMML MARKETING
!!# have monopolistic in Titanium Dio(ide =TiO,0 pigment industry.
!!# is a public limited company that stands as a leader in production of TiO,.
The company has a large number of customers from all over the world and out
side.
The mar)eting department is engaged in selling of the company5s product.
There is no separate department for sales and mar)eting management also
perform these functions. The mar)eting section )eeps detailed report about
customers5 product, product group control, dispatch and payment.
7roducts of !!# always maintain very high standard perfection,
achieving technical e(cellence in every phase of production to offer a wide range
of products for 1uality conscious customers.
"t !!#, one factor comes before everything else is customers and
!!# go out of their way to ensure customers satisfaction. " team of motivated
mar)eting e(perts, who ma)e it their business to find out the firm5s views,
highlights customer5s consciousness. !aintaining close contacts, they are
perfectly aware of customer5s needs and are instrumental in development of new
products at price and offering.
MARKETING MIG
3RODUCT
The major products of !!# is Titanium Dio(ide Ti+, =>utile0 pigment,
which is e(tensively, used as the main raw material by several industries such as
paint, plastic, rubber, printing, in)s etc.
3RODUCT 3RO2ILE
Titanium Tetra 'hloride =synonym$Tic)le0 is produced as an intermediary
product in the production of rutile grade titanium dio(ide pigment. Titanium Tetra
'hloride is e(tensively $used in the manufacture of Titanium dio(ide pigment,
Titanium sponge or metal.
"t present !!# produce si( grades of Titanium Dio(ide and they areD
I0 emo( >' H++D$ It is recommended for printing in)s, high gloss coating,
industrial coating, low abrasivity pigment for letterpress gravure polyamides
and e(terior application where ma(imum chal) resistance is not re1uired.
,0 emo( >'$H++ 7&D$ It finds application in plastic re1uiring a blue white high
dispersion Ti+,. Other areas of application are powder coating, polyethylene
films and vinyl sheet goods. It is used in most other common plastic or rubber
floor li)e applications.
.0 emo( >c$H,,D$ It is recommended for interior and e(terior enamels and
lac1uers for industrial and architectural purpose.
20 emo( >' $ H/.D$ It can be used in both interior and e(terior low gloss and
flat paints and coating$ both solvent and water based. It finds application in
interior flat wall paints, e(terior low gloss or flat house paints, low gloss
maintenance pints, low gloss or flat chemical coating etc. emo( >'$H/. can
be described as a universal pigment for all coatings formulated at higher
percentage pigment volume concentrations.
30 emo( >'$H+,D It is recommended for both interior and e(terior applications.
This is also recommended for architectural and industrial paints$both solvent
and water based.
;0 emo( >'$H+HD It is recommended for automotive, industrial and architectural
finishes. It is also recommended for coil coating, radiation cured finishes6
emulsion paint systems powder coating, water borne coating and printing in)s.
It can also be used for letterpress gravure, polyamides and other in)s where
low abrasive pigments are re1uired.
3RICE
-ased on the variation in the mar)et, the price of Ti+, is fi(ed by !!#.
The price is fi(ed by 'hairman and Finance %ecretary of the &overnment of
erala. The price is periodically revised due to mar)et fluctuation.
%elling price of all grades ofTiO, =>utile &rade 7igment0
O >s. /A2+++ P /;N ?(cise duty P 2 N '%T
3ROMOTION
!!# is a sole manufacture of rutile grade titanium in India. *ence there
is no much competition in the world mar)et. "dvertisement promotes the
company product.
ADVERTISEMENT
"dvertisement are given in trade journals, industrial news, magazine used
by paying manufactures association, in) producer association etc. "dvertisements
are also given in newspapers while appointing stoc)iest.
!!# subscribes 97aint India9 the leading publication of the paint
industry and also 9!ineral !ar)et >eporter9 which provides valuable information
about Ti+, at national and international level. The company also provides
discount scheme for its customers.
3LACE O2 DISTRI)UTION
!ar)eting channel decisions are among the most important decision that
management faces. " company5s channel decision directly effects every other
mar)eting decision. The firm5s sales force and advertising decision depends on
how much persuasion, training and motivation the dealer need.
DISTRI)UTION SYSTEM
In !!# distribution is divided into two major categoriesD
I0 Direct %upplyD$ Direct %upply to the actual customers who re1uire seven
metric tones or more at a time. -y this policy !!#, have estimated the
middlemen and it is easily adapted to any circumstances.
,0 %upply through %toc)iestD$ %upplies to small sectors are done through
stoc)iest appointed by the company in all major cities. 'ompany fi(es prices for
its products and the stoc)iest are responsible to see the pelts at fi(ed once. "ll the
grades of Ti+, pigment produced in !!# come under the category of industrial
goods6 Ti+, is mainly used in paint industry, te(tile industry, printing in) industry
etc. The total customers can be divided in to three typesD
!ajor 'ustomers
%toc)iest
Other 'ustomers
CUSTOMERS
7aint industry contribute large customers of Ti+,$, other largest customers
include such industrial as paper, plastic, polyester. The bul) of the products in
!!# are consumed by industrial namelyD
"sian 7aints
*industan #ate( and >evin
%halimar 7aint
'orlass :erolac
Kenson and :icholson
%anderson 'hemicals
!ega !edite(
'amlin
7lastic 'hemi( Industries
-erger 7aints
>ajdoot 7aints
SALES 3ROCEDURE
The sales section obtains the order from the customer6 receives the pigment
in the form of che1ue or DD, dispatches the 1uantity and send invoice to Financial
Department.
MA,OR COM3ETITORS
The company has a monopolistic nature in TiO, pigment industry in India.
The company has some competitors in the world mar)et.
The main competitors in the world mar)et areD
Dupont =<%"0
Ishihara =Kapan0
*oite( =<%"0
!illennium =&ermany0
*endu) =%eoul, orea0
Flectha Titanium 7roducts =:ew Iealand0
Tofins =:etherlands0
EG3ORT MARKET IN KMML
?ven through !!# faces stiff competitors from multinational giants,
!!# receives a number of e(port orders through e$mail, fa( and through
correspondence from customers abroad. !!# enjoys good reputation for
1uality pigment in the international mar)et. The company is e(porting its products
in orea, %outh "frica, %ri #an)a, Tur)ey, Dubai, 'hina, !auritius, < and
7hilippine. The company is now e(porting .+N of their production. It has plans to
raise this to 3+N by ,+/..
MARKETING IN2ORMATION SYSTEM
!!# is a member of chemical and allied products e(port council.
-ulletins of chemical are regularly received by !!# and used to obtain the
latest trend of Titanium Dio(ide demand for various customers both indigenous
foreign.
!!# subscribes 97aint India9 the leading publication of paint industry
and also 9!ineral !ar)eting >eporter9 which provides valuable information
about Ti+, at national and international level.
!!# uses the services rendered by 9India !ar)eting -ureau9 which is a
mar)eting research as advised by !!#. For this !!# has to pay fees
annually for their research studies.
HANDLING CUSTOMER COM3LAINTS
The complaints received from the customers are registered by !!#, and
ac)nowledgment sent to customers. The details of the complaints are entered in
the customer complaints register. The particular about the progress of
investigation and nature of disposition are updated in the customer care register.
MARKETING 2UNCTIONS O2 KMML
2UNCTIONS O2 EGCHANGE
I0 -uying and "ssemblingD$ The e(traction of raw materials of producing finished
titanium dio(ide is done at 'havara where the factory is situated. Only certain
1uantities of chemical and other raw materials is purchased from other units for
the production of titanium dio(ide. "ssembling of titanium dio(ide is done at the
factory godown.
,0 7ac)ingD$ Titanium dio(ide is pac)ed in ,3g net weight in laminated multi
wall paper bags. "fter the chemical process is over, the materials is micronized,
the pigment is collected in bagging. The material is ta)en to a conveyor, here two
peoples are engaged in bagging and four are in stoc)ing. It is then ta)en and
stored in pigment godown. 3+ bags are pac)ed in one pallet weighting /.,3mt.
.0 %ellingD$ !!# sells titanium dio(ide directly to its consumers and its
stoc)iest in bul). The stoc)iest are appointed by fulfilling certain rules and
regulation of the company.
2un0ti#n( #" p$+(i0a! (upp!+
DespatchingD $ "fter the order from stoc)iest and consumers, have been
received, the mar)eting department arranges the e(ecution of orders by
way of dispatch. The mode of payment must be in the form of Demand
Draft payable at any scheduled ban) at ollam.
DOCUMENTS AND REGISTERS TO )E 3RE3ARED 2OR
DES3ATCHING GOODS
a0 Order >egisterD$ 7articulars of order received is entered in a registered called
order register. It shows the date, name of the party, grading of the products,
payment of cash and transport mode.
b0 Delivery noteD$ This note is prepared before the goods are dispatched. It has
the &%T >ules /A;..
c0 Delivery 'hellanD$ It is another important document which is prepared by the
dispatch section. It contains the details of goods, which are dispatched, name
of carrier, #.>.:o, e(cise, gate pass note and date of dispatch.
d0 InvoiceD$ Invoice is prepared at finance department and submitted to the
mar)eting department. It shows the name of the customer6 date, grades of
goods, 1uantity purchase, price, destination, truc) no etc.
e0 &ate 7assD$ It is prepared by the dispatch section. The company gate pass is
submitted before the security officer to ta)e goods out of the factory premises.
f0 Transportation and InsuranceD Transportation and insurance are to be arranged
by the customer. The customer shall nominate their approved transporter.
DECLARATION UNDER KGST RULES /B?< 2ORM .@)
This is another document, which has to be filed up and made ready before
dispatching the goods. The form is addressed to the officer in charge of chec) post
and it must be signed.
MARKETING 2ACILITATING 2UNCTION
/0 FinancingD$ For carrying out mar)eting functions, !!# does not re1uire
financial assistance in form at loans. The customers will have to ma)e payment
in advance.
,0 >is) -earingD$ !ar)eting of titanium dio(ide pigment involves a number of
ris)s. >eturning the goods by customer or damages at the time at storing in the
factory go down covers the ris) factor. "ll the above ris)s are reduced to a
great e(tend with the help of insurance.
3RODUCTION AND SALES
The commercial production started in /AH3. Following chart will show the
production and sales of titanium dio(ide in past years.
Fear 7roduction in mGton %ales in mGton
,++2$+3 /H+2,.+++ /;/3+.2J3
,++3$+; /3.JJ.JJ3 /H+//.3++
,++;$+J /+//3.;3+ ;+3+.23+
,++J$+H /22H;.33+ /2J+J.33+
,++H$+A /A./J.+++ ,/3,;.H3+
,++A$/+ ,/H/;.+++ ,.3+/.+++
,+/+$// ,.3,/.+/ ,3,.+.+++
,+//$/, ,2,3/.;/+ ,3H3/.+++
MARKET RESEARCH ACTIVITIES O2 KMML
MAIN O),ECTIVES
/0 To find out the general impression of !!# products in the tit dio(ide
mar)eting of India.
,0 To ascertain whether demand e(ists in the Indian mar)et. If we under the
proposed e(pansion of ;+++ million tonnes.
.0 ?1uivalent grade needed in mar)et.
Ne& p#du0t de*e!#pment
" new hydrophobic plastic grade pigment >'H+2 was developed by the
effort of inhouse > and D of our company. The trial production of the same,
appro(imately /++ times was ta)en successfully. The sample has been tested at
'I7?T *yderabad and found to be comparable to competitive international grade
pigment. Free samples were given to customers for their evaluation after which
bul) orders were received and the entire material could be sold out.
ORGANIZATION CHART O2
2INANCE DE3ARTMENT
GENERAL MANAGER
82INANCE9
MANAGER 82INANCE9 MANAGER
8INTERNAL AUDIT9
DE3UTY MANAGER
82INANCE9
INTERNAL AUDIT
ASSISTANT
AIC
O22ICE
R CASH
AIC
O22ICE
R
SALARY
AIC
O22ICE
R TAG
AIC
O22ICE
R
)UDGET
AIC
O22ICER
)ILLS
AIC
O22ICER
SALES
TAG
ASST
AIC
O22ICE
R
ACCOUNTA
NT
ASST
AIC
O22ICE
R
ACCOUNTA
NT
ASST
AIC
O22ICE
R
ACCOUNTA
NT
ASST
AIC
O22ICE
R
ACCOUNTA
NT
ASST
AIC
O22ICE
R
ACCOUNTA
NT
ASST
AIC
O22ICE
R
ACCOUNTA
NTNT
<9 2INANCE DE3ARTMENT
Finance is the lifeblood of every business. This is one of the most
important departments. In !!# a well organized finance department is
functioning. The finance position of the company can be understood by -alance
%heet and 7rofit and #oss "ccount, prepared budget report according to the
company5s goal is also an important function of the finance department.
A00#untin' 3#!i0+ #" KMML
/0 'onvention
The final statements are prepared under the historical cost convention in
accordance with applicable accounting standard that was relevant to
presentational re1uirement of the 'ompanies "ct /A3;.
,0 Fi(ed "ssets
Fi(ed assets are stated at cost of ac1uisition and additional if any, less
accumulated depreciation, is provided at rates and methods prescribed in the
schedule CI4 of the 'ompanies "ct on straight line method in respect of plant
and machinery and railway sliding belonging to TiO, pigment unit. "nd written
down value method in respect of all the asset of the company. The depreciation is
calculated on the basis of 'ompanies "ct and for income ta( audit it is added to
the profit and recalculated as per the audit rules.
.0 ?(cise duty
?(cise duty on manufactured is accounted for as and when goods. "re
dispatched is accordingly no provisions is made in respect of duty due on goods
manufactured, but not dispatched nor included in valuation of stoc).
20 &ratuity
&ratuity liability and leave is accounted on the basis of actuarial valuation.
30 Inventory %ystem
Eor)$in$progress is valued at the cost and stoc) of raw materials,
chemicals, fuel and stores are valued at weighted average cost on monthly basis.
AD,USTMENT 3ER TRAINING TO EARLY YEARS
"djustment arising out of errors or omission in the financial statement of
earlier years are prior period item, if the amount involves is >s. /,++,+++G$ or
more in each case.
2UNCTIONS O2 ACCOUNTING SECTION OR 2INANCE DE3ARTMENT
The company maintains a clear and perfect accounting system. The main
activity of the Finance Department is Eor)ing 'apital !anagement. 7reparation
of Fund statement, cash Flow %tatement, -alance %heet. 7rofit and #oss "ccount
etc are also the activities of Financial Department. %ecretarial wor) relating to
-oard comes under the review of the Finance Department. !ost of the activities
carried out by the Finance Department are pertaining to long term and ,short term
re1uirements of the operation, closing purchase bill, maintaining the account of
contractors, subcontractors, income ta( deduction, salary discrepancy, dealing
with the financial institutions with imports and e(ports are also the functions of
the Financial Department. The Functions areD
/0 3u0$a(e ae Re0#ded and Ana!+;ed
The Finance Department of the company )eeps the accounts of purchase of
spare parts, chemicals etc and accounting entries are made in the boo)s of
accounts of the company on day to day basis, on the basis of bills and supporting
vouchers of each item. ?ach voucher is essentially numbered to avoid
discrepancy.
The company ma)es only miscellaneous purchase, as the main raw
material is mineral sand. The department analyses the details of purchases
afterwards.
,0 Sa!a+ Se0ti#n and 3a+ Di*i(i#n
The main function of the department is preparation and disbursement of
salary of officers, members of office staff and wor)ers. The department )eeps
salary register pertaining to each of the above sections, which facilitates charges
in salary due to granting of annual increments and deduction due from the salary.
The disbursing of salary is crediting the amount to the respective ban) account of
the employee. The department is sending a detailed list of salaries6 they have
arranged an " T! counter of I'I'I -an) in the company compound. 'ertain
employees are paid by che1ue. The department is maintaining sub ledgers for
deductions made in the salary such as 7F, Insurance 7remium "dvance, Income
Ta( etc. "nother important function is computation of income Ta(. Its deductions
and prompt remittance to IT Department.
.0 Sa!e( and Re*enue A00#untine D
The department is calculating and paying sales ta( and central e(cise duty
to the concerned &overnment every year. The &overnment is earning a total
income of >s.22 crores and >s./2 crores by way of e(cise duty and sales ta( duty
from the company.
20 Ca($ and )an5 Tan(a0ti#n(
The department does all the matters relating to the day$to$day cash
transactions. They receive and ma)e payment for purchase and sales. The
company is allowed to collect cash up to the limit of >s.,++++G$ is carried out by
che1ue or DD as per direction of the Ta( "uthority.
30 Ma6# )an5( #" t$e C#mpan+
I'I'I, %-I, %-T, %tandard 'hartered -an), 'anara -an), 'entral -an)
of India.
;0 C#(tin'
"nnual budget and cost sheet is prepared at the outset of every year and on
the basis of the department fi(es the floor price of each product of the company.
J0 Ca!0u!ati#n #" Depe0iati#n
The department calculates the depreciation. Depreciation is provided on
straight$line method in the case of plant and machinery of Titanium 7igment <nit
and written down value method in case of other assets of the company.
AUDITING
"uditors are appointed by the &overnment for a period of one Fear. There
e(ist an e(ternal audit and internal audit.
Intena! Audit D$ These are part of the organization. There is an internal auditing
sector. They are in the charge of periodical audit.
E7tena! Audit D
They are as followsD
%tatutory "udit
"ccount &eneral5s "udit Inspection "udit
%ales Ta( "udit Income Ta( "udit
'ost "udit
The company has registered yet another e(cellent result during the year
ending ./ !arch ,++.. 7roduction of the company for the year ,+++$,++3 is
given below.
7roduction Fear Ti+, 7igment !inerals =Ilmenite0
,++J$+H ,,H/3 /+H,.
,++H$+A ,32,; //;2J
,++A$/+ ,3;/, /JA23
,+/+$// ,3A,/ /A/.H
,+//$/, ,;H3A ,/333
During the year ,+//$,+/, 'ompany has achieved a record production of
,3;/, !T as against ,32,; achieved during the previous year. %imilarly, the
production in the !% unit has also increased from /+H,. !T to /JA23 !T. This
is mainly because of adding two more magnetic separators in the old plant.
!odernization of !% plant oTis nearing completion and when the same is
completed anticipated production would be 23+++ to 3++++ !T per annum.
2INANCIAL RESULTS
Financial results of your company for the year under review and previous
year are given below.
7articulars
,+//$/,
=>s. In la)hs0
,+/+$//
=>s. In la)hs0
Total grossturn over .,H32.32 .,.+2./2
&ross profit before interest and
depreciation
.+JA.;+ ,3A2.+;
7rofit before ta( ,,2..,2 /JH,.+3
7rofit after ta( and prior period
adjustment
//,/.+J ///3.,J
Transfer to general reserve A,.JA +.++
'apital employed 2.H3/.J. 2.+J3.+.
Internal generation /HH3.2. /;+/.,2
7>OFIT ":D #O%% "''O<:T FO> T*? F?"> ?:D?D ./sT !">'* ,+/,
Particular
As per 2011-2012 2010-011
Schedule (Rs. In lakhs) (Rs in Lakh)
Income
&ross sales .,H32.32 .,.+2./2
#essD?(cise Duty .,H+.+3 ...J.+J
:et %ales ,A3J2.2A ,HA;J.+J
Other Income + /JJ;.H+ /2H../2
%toc) Differential 7 ,A3A.33 /++H.2;
T#ta! <=<//1C. </=>A1?@
EG3ENDITURE
!anufacturing ?(penses ,.H3A.HH ,,+H3.;+
7ayments and -enefits of
?mployees
# ;JH..32 ;/;3.JH
"dministrative selling and ! 3H..++ ;/..,.
Other ?(penses : J,.++ J...H
Interest and Finance 'harges > J;2..; J.H.;.
Depreciation ,,2..,2 /JH,.+3
7rofit -efore Ta( B J.;J H.JH
#essD 7rior 7eriod items /3H.3+ +.++
Doubtful advances /JJ..,J
7rofit after 7rior 7eriod ,+JJ.+J
Ad6u(tment
#essD 7rovision for 'urrent A++.++ ;,3.++
Ta(ation
#essD 7rovision for //;.+H +./H
Deferred Ta( 3;.++ ...++
#essD 7rovision for F-T
#essD 7rior year adjustments % +.++ ,3.2H
relating to Income ta( /,.J./3 H;,.;/
7rofit for the year
7rofit @ #oss account -alance ,.;;,.;; ,,H++.+3
-rought Forward ,2HAA.H/ ,.;;,.;;
"mount available for .+A... +.++
appropriations 3,.3J +.++
7roposed Dividend A,.JA +.++
Ta( on Dividend
Transfer to >eserves ,2223./, ,.;;,.;;
%urplus Transferred to -alance
%heet
.A.AA ,J.HA
?arnings 7er %hare
=-asic and Diluted0
>efer :ote ,J Of %chedule T
%ignificant "ccounting 7olicy <
:otes forming 7art of "ccounts T
)ALANCE SHEET AS AT </ST MARCH .C/.
Particulars
As per
Schedule
2006-2007 (Rs. In lakhs)
200-2006 (Rs. In
lakhs)
SOURCES O2 2UNDS
S$ae $#!de( "und( " .+A..,J
%hare 'apital - 2+3J3.J/ .+A..,J
>eserves @ %urplus ' /H,.J3
Deferred Ta( #iability .AJ++.2;
,AH.H.
T#ta! 2.H3/.J. 2.+A,.3;
App!i0ati#n #" 2und(
Fi(ed assets > //J2;.H2 /+/3J.A+
'apital wor) in progress F A+.J.,A
Investments & /J.;+
'urrent assets * ,,3./../ ,J/.+.A2 3/;../H
#oans and "dvances I /HA;H.J2 /HAJ3.A;
2/3++.+3 2;/+;.A+
#essD 'urrent #iabilities D 3HA3.2J ;3JJ .;. +./+
#essD 7rovisions ? /,332.3H //JJ3.2,
/H23+.+3 /H.3..+3
:et 'urrent "ssets ,.+3+ ,JJ3..H3
!iscellaneous e(penditure
=To the e(tent not written off
or adjusted0
K +.++
%ignificant "ccounting 7olicy <
:otes forming 7art of T
"ccounts /J.3.
TOTAL 2.H3/.J. 2.+A,.3;
4ORKING CA3ITAL
Eor)ing capital refers to that part of the firm5s capital which is
re1uired for financing short teem or current asset such as cash, mar)etable
securities, debtors and inventories. It is a measure of both a company5s efficiency
and its short term financial health. If the wor)ing capital is positive it means the
company is able to payoff its short term liabilities. If it is negative company is
unable to meet its short term liabilities with its current assets. If a company5s
current assets do not e(ceed its liabilities then it may run into trouble paying bac)
creditors in the short term. %o if a company wor)ing in the most efficient manner
=slow collection0 it will show up as an increase in the wor)ing capital.
Fear
'urrent
Fear
#oans and
advance
'urrent
liability
7rovision
Eor)ing
capital
,++A$
/+
,A/HJ.H2 ,.J/H.A/ 2/H..HJ /;3,/.;A .,,+/./A
,+/+$
//
/,J/.+.A2 //HAJ3.A; /;3JJ.;.. ///JJ3.2, ,JJ3..H3
,+//$
/,
/,,3./../ /,++2$+3 /,A/HJ.H2 //,332.3H /,.+3+.++
ORGANIZATION CHART O2
3RODUCTION DE3ARTMENT
DGM 3RODUCTION
AGM
3LANT MANAGER
DE3UTY 3LANT
MANAGER
3ROCESS ENGINEERS
ASST 3ROCESS
ENGINEERS
ASST 3ROCESS
ENGINEERS
O3ERATORS
4ORKERS
O3ERATORS
4ORKERS
=9 3RODUCTION DE3ARTMENT
!!# always maintain high standard of perfection by achieving technical
e(cellence in every phase of production. 'atering to strict guideline, !!#
offers a wide range of products for 1uality conscious customers. Their products go
in to the manufacture of variety of products used in every day life. 7aint material,
facial creams, tablets, newsprint, rubber products, cosmetics and printing in)s all
contain TiO,.
This department underta)es activities and decision regarding the
production wor). Deputy &eneral !anager =production and maintenance0 controls
the activities of the department. 7roduction of TiO, is carried out in lot wise with
specific lot number. ?ach lot contain /3 !T of TiO, samples are collected from
production at specific intervals and e(amined thoroughly in the laboratory or the
company. If any defect is identified, then the lot is considered as inferior 1uality. .
!ineral separation plant =!% unit0 and TiO, pigment plant =T7 unit0 is
two independent production units in !!#. The T7 unit is divided in to three
plants.
Illmenite -eneficiation 7lant
"cid >egeneration 7lant
7igment
MINERAL SE3ERATION 3LANT
The !% plant was originally established in /A., in the private sector.
%everal machineries were added in the course of time. This plant situated by the
side of the open mines, does the separation of the minerals from the beach sand.
The raw sand is first concentrated in spiral separation to enrich the heavy mineral
content. The wet concentrate is then dried in fluidized bed drier and then fed to
the dry separation plant. !agnetic separation and *T separation separate different
minerals. The plant also separates >utile and Iircon from the sand.
TITANIUM DIOGIDE 3IGMENT 3LANT
TiO, 7igment manufacturing process of !!# based on chloride route, the
process consist of following steps.
>eduction and leaching of raw illmenite of A+$A,N TiO, =illmenite
-eneficiation0
>egeneration of spent *ydrochloride acid for minimum pollution.
'onversion of beneficiated illmenite to TiO, pigment
ILLMENITE )ENE2ICIATION 3LANT
*ere the raw illmenite containing 3H$;+N TiO, is beneficiated to A+N
TiO, content. The beneficiated illmenite is the raw material for the pigment
production plant. The ferric o(ide in the raw illmenite is subjected to high
temperate of H3++c. The reduced illmenite then coo)ed and sent to digesters
where it is leached with /H,+N *ydrocEoric acid. The spent leach li1uor is sent
to storage tan)s. The leached illmenite after washing and filtering is calcined to
get beneficiated illmenite.
ACID REGENERATION 3LANT
The spend leach li1uor from the pre concentrator is processed in to the
spray roaster in which the li1uid spray entering the furnace is heated by the
burning oil. The spend li1uor then decomposes to metallic o(ides and
hydrochloric acid. The hydrochloric acid vapour is first cooled in pre concentrator
and then absorbed in the wash li1uor generated in the I-7 to get /HN *'I which
is recycled bac) to I-7. The unobservable gases are scribbled with water before
venting to the atmosphere. The metal o(ide consisting of mainly iron o(ide are
slurred with water and routed to the slurry panel.
3IGMENT 3RODUCTION 3LANT
The pigment production plant has three unitsD
/. 'hlorination plant
,. O(idation plant
.. %urface Treatment and 7igment Finishing 7lant
CHLORINATION 3LANT
This unit beneficiated illmenite from chlorinated as reducing atmosphere
to produce Titanium Tetra 'hloride =Ti'I20. 'hloride reacts with Titanium
'hloride and other metallic o(ides. -eneficiated in the illmenite in the pressure
petroleum co)e at a temperature of H++$A++c in fluidized bed chlorination to
produce chlorides are condensed and purified to obtain pure Ti'l2li1uid, which 2s
stored in the storage vessel.
OGIDATION UNIT
In this unit raw pigment grade TiO, is produced by reacting pure Ti'l2
and o(ygen with at a temperature of about /+++c in a reactor after preheating the
Ti'l2 in a pure heater having suspended in code tubes to carry the Titanium
'hloride vapour. TiO, raw pigment obtained for this unit is scurried with water
pumped storage tan)s for further processing in the pigment$finishing unit, the
chlorine is liberated bac) to the chlorination unit.
O(ygen and chlorine are re1uired for o(idation and chlorination.
3IGMENT 2INISHING UNIT
The unit$dispersed slurry from o(idation unit is passed through the
different subsections of the unit via, sound milling and classification treatment
filtration, drying, micronisation, scrubbing, cooling and bagging. In the treatment
section chemicals are added. &ive a coating to the pigment is reduced to two
microns to be micronisation treatment. The hot micronised pigment is cooled and
pneumatically conveyed to the final storage bin, this product is then bagged in
paper bags of ,3 )g each stac)ed on woolen pallets =2+ bagsGpallets0 and
dispatched.
AIR SE3ERATION 3LANT
This unit has been designated by !is #air #inde, France and supplied
through !Gs -*74 #td 4isa)apattanam. The O(ygen and :itrogen are re1uired
for the process in the O(idation and chlorination unit. This plant has a capacity to
produce the following.
/ &aseous :, $/3++ :mGhr =3+ !TD0 AA.HN purity
, &aseous :, $/H++ :mGhr =3+ !TD0 AA.3N purity
. #i1uid O, $ .J.3:mGhr =,.3 !TD0 AA.3N purity
2 #i1uid :, $ 23:mGhr =,.3 !TD0 AA.3N purity
IRON OGIDE )RICKS 3LANT
"n iron o(ide bric) is a building material produced !!#. The materials
used for the production of iron o(ide bric)s areD
/. Iron o(ide
,. #ime
.. 'ement
2. >iversand
3. %odium silicate
The company has been facing a problem in the waste disposal areas. This
problem is mainly connected with the disposal of iron o(ide slurry, which has
been coming outside from acid regeneration unit as a waste. In order to dispose
the iron o(ide powder the company started to produce the iron o(ide bric)s in the
plant. "t present the company is using this product for its domestic purpose such
as constructing compound wall, floor etc.
>9 MAINTENANCE DE3ARTMENT
The maintenance department of !!# can be grouped in to ?lectrical,
!echanical and Instrumentation section. The Koint &eneral !anager
=maintenance0 is the top authority.
/1 E!e0ti0a! (e0ti#n-
This department is under the control of assistant general manager
=?lectrical0. It is the function of the department to ensure the flow of electricity
through out the company.
.1 Me0$ani0a! (e0ti#n-
This department is under the control of assistant general manager
=!echanical0. Function of the department is to ensure the easy wor)ing of
machines. The company is doing periodical shutdown. to carryout necessary
maintenance and servicing of the plant.
<1 In(tumentati#n-
"ssistant &eneral !anager =Instrumentation0 is the ape( authority of this
section. The section inspects safety ness of valves, mechanics etc. and wor)ing of
instruments. " statutory body occasionally visits the company to chec) the safety
of the plant.
=1 Ci*i!-
!anager =civil0 controls the activities of this section. They underta)e the
functions relating to implanting new machinery etc.
ORGANIZATION CHART O2
MATERIAL DE3ARTMENT
DE3UTY GENERAL
MANAGER
MATERIAL
MANAGER
MATERIAL
3URCHASE STORE
3URCHASE
O22ICER
8INDIGENO
US99
3URCHASE
O22ICER
8IM3ORT9
ASST
3URCHASE
O22ICER
STA22
ASST
3URCHASE
O22ICER
STA22
STORE
O22ICER
STORE
O22ICER
8INVENTORY
CONTROL9
ASST STORE
O22ICER
ASST STORE
O22ICER
8INVENTORY
CONTROL9
STA22 STA22 CHARGE
MAN
STA22
STA22
?9 MATERIALS DE3ARTMENT
"ll functions relating to purchase and storage of materials for the company
is carried out by this department. This department is headed by the Deputy
&eneral !anager =materials0. There is around ,J+++ items of raw materials in
!!#. The functions of material department can be grouped in to threeD
7urchase
%torage
Inventory control
3URCHASE SECTION
7urchase can be broadly classified as
7urchase made in India, i.e., indigenous purchase
7urchase made from foreign countries
'ash purchase i.e., up to >s,+++G$with the permission of unit head
#ocal purchase. i.e., up to >s,3+++G$this arises in the case of emergencies
and purchase can be made from approved.
TERMS O2 3AYMENT
/. Direct payment
,. Through ban)
.. "dvanced payment
2. #etter of credit
3URCHASE 2UNCTIONS
7urchase of materials is an important function of an industry. The
procedure of purchase is as followsD
/1 3u0$a(e e%ue(t- F The department or officer in need of material has to place
his re1uest in a purchase re1uisition form. In case of raw materials, it is done by
the inventory control section. The purchase re1uisition is prepared in triplicate.
The original copy of it is )ept by store)eeper and the other is send to the
authorized e(ecutive. The purchase re1uest must be approved by the concerned
department head.
.1 St#05 *ei"i0ati#n- FOn received the purchase re1uest the store)eeper chec)s
whether the materials re1uired is available through the store. If the materials are
out of stoc), the store)eepers inform the purchase section through and indent
form.
<1 Se!e0ti#n #" (upp!ie(- F The ne(t function is to select the supplier to whom the
order is to be sent. The company places a public tender notice for the procurement
of raw materials. On the basis of the notice the vendor submit the tenders. Tenders
have two partsD
Te0$ni0a! bid and 0#mme0ia! bid-
The tender committee opens the tender and verifies the technical bid
and if they are satisfied with the technical bid i.e., with the 1uality of materials,
they opens the commercial bid, the tender committee then prepares a comparative
statement and accept the lowest price 1uoted Buotation. <sually, a contract for
one year is made for the supply of raw materials. To avoid ris) of the irregularities
of the supply, the company appoints more than one vendor. In case .of spare parts
the en1uiry is send to the vendor for, the vendors list of company and the apt
vendor is selected on the basis of tenders. The vendor list contains the name .and
address of vendors and with specific items.
=13u0$a(e #de- F after deciding the supplier, the purchase officer of !!#
has to place a purchase order. The purchase order is written authorization to the
supplier to supply the particular materials. The materials are to be supplied
according to the terms and conditions of the purchase order. In !!# five copies
of purchase order is prepared.
The original is send to the supplier.
%econd copy is send to the material receiving section
The third copy is send to the person who has placed the purchase
re1uisition
The fourth copy is send to the Finance department for future reference for
payment.
The last copy is )ept in the department itself.
>1 In(pe0ti#n #" .CCd( and %u#tati#n e0epti#n- $ On receiving the materials
from the vendor, a visual inspection is conducted. If there is any discrepancy
between the party advice copy and received copy, a discrepancy is prepared and if
there is any damage, a damage report is prepared.
Items below >s 3++G$ call for single 1uotation. Items above >s 3++G$ and
below >s 3++++G$ are call for minimum three 1uotations from important
manufactures, dealers and stoc)iest. Items above >s3++++G$ call open tenders.
STORE SECTION
%tore section deals withD
>eceiving the materials
Inspection of materials
%torage and presentation
7roper classification and codification of materials U !aterials handling
Issue and dispatch
%toc) records
%tore accounting
%toc) ta)ing
STORAGE 2UNCTIONS
4arious documents are prepared by the store section for the proper
functioning of the department. The documents maintained are as followsD
/1 St#e( in&ad( b##5- F On receiving any materials to the store, it is entered
in a document called stores inward boo) =%I-0
.1 In(pe0ti#n #" .##d(- F On receiving any materials and preparation of %I-
inspection re1uest is send to the concerned technical office for technical
evaluation and reports are prepared on this basis.
< St#e e0ei*ed n#te- F "fter the preparation of %I- and inspection of goods
or materials, %tores >eceived :ote =%>:0 is prepared. This is the document
showing that the, materials received is accepted and payment can be made for it.
The %>: is sent to the Finance $department for payment. Four copies of %>: are
maintained in !!#. <sually the company gets a credit facility for 23 days.
=1 Mateia!( i((ue n#te- F "ny material is issued from the store only after
receiving a material re1uisition or !aterial Issue :ote =!I:0. !I: contains all
the details regarding the material as well as the indenter.
>1 St#05 tan("e n#te- F For transfer of materials between store or section or
contractors, for transfer of materials between store and section prepared, it
contains details such as material code, cost center, material description, unit and
1uality. It should be mentioned that from which section and to which section is
the transfer ta)ing place.
?1 Mateia! etun n#te- F %ome times materials issued from the stores may
be returned. In that case !aterial >eturn :ate =!>:0 is prepared. It contains
details such as the name of department from which the material is returned, value,
1uality, code, unit, present balance and reason for return.
)IN CARD
-I:'">D is a document attached to bin and it contains the 1uantities
details of the materials received, issued and closing balance. In addition to this, it
indicates information regarding different stoc) levels li)e minimum level,
ma(imum level, recorder level etc coded number and name of materials.
INVENTORY CONTROL SECTION
7roper inventory management is necessary to provide and maintain good
customer service. It enables smooth flow of goods through the production process.
It is important as it provides protection against the <ncertainties of demand and
supply and also performing the various production operations economically and
independently.
!aterials purchased for month is analyzed and an issue price is fi(ed for
the month. The company follows weighted average method.
ORGANIZATION CHART O2
DATA 3ROCESSING DE3ARTMENT
DGM 8DATA 3ROCESSING9
AGM 8DATA 3ROCESSING9
MANAGER 8DATA 3ROCESSING9
SO2T4ARE ENGINEERS
ASSISTANTS
@9 MANAGEMENT IN2ORMATION SYSTEM
!anagement Information %ystem =!I%0 is under the supervision of the
data processing department. "ssistant &eneral !anager =?D70 is the top authority
of the department. There are J+ personal computers in the company. 3. personal
computers in the company are in local area networ). 'ompany is having /+ !ega
-ytes personal computers bac) borne copper cabling. It has four signalsD
/. %tores
,. 7lant technical service
.. Illmenite -eneficiation plantV "cid regeneration plant
2. 7igment processing unitGlaboratory
There is a direct connection from I-! server to 7urchase, Finance,
!ar)eting and 7ersonnel department. The entire Information Technology
activities are monitored by ?lectronic Data 7rocessing =?D70 section. !!# is
using Oracle >elated Database management system at bac)end and 7ower -uilder
as front$end. "n integrated online application module developed in power builder
is being used among finance, purchase, stores, mar)eting, personnel and
production departments. The database is fed to the system by each department,
which is re1uired to generate various !anagement Information %ystems to the
management. " strict security control is incorporated in the operations of various
modules.
ORGANIZATION CHART O2
2IRE AND SA2ETY DE3ARTMENT
DE3UTY GENERAL
MANAGER
2IRE AND SA2ETY
ASST GENERAL
MANAGER
2IRE O22ICER SA2ETY O22ICER
LEADING 2IREMAN
2IREMAN
3LANT ENGINEER
SA2ETY INS3ECTOR
A9 2IRE AND SA2ETY DE3ARTMENT
Fire and safety is a main department of !!#. It manages the process of
giving security to the employees by giving successful training and giving license
to employees and machines. The sections under fire and safety areD
/1 Emp!#+ee detai!( mana'in' D $ In this section the details of the employees
are identified by separate employee codes. *ere in employee code, employee
name, designation, date of birth, date of joining and 1ualifications are recorded.
These section supplies the details of employee to another section.
.1 Emp!#+ee tainin'- F "ll the employees are trained for the successful
running up of !!#. The details of training is recorded when they gives each
training. ?mployee code, serial number, date of training, course and remar) are
recorded. Ehen an accident occurs the details of the training given to the
employee is produced.
<1 Emp!#+ee a00ident- F This section handles the details of accident occurs to
the employee. ?mployee code, serial number, accident data, description of
accident, the body part which was injured, unsafe condition or unsafe act, whether
lost time accident or not lost time accident, the days lost are recorded.
=1 E7p#F 3et #FLi0en(e- F This section stores the details of the license
provided to each machines. " different agency provides this license. It must have
to be renewed after the validity is lost. This section stores the serial number, item
name, license number, tag number, last test, test type etc.
>1 Li"tin' ma0$ine( and ta05!e(- F There are different lifting machines in
different location. These machines have to be tested and if any defect it is stored.
The machines are given a hoist no., location, last test, tested by, defect, ne(t test
and remar)s are stored.
?1 3e((ue *e((e!- F This section handles different machines, which handle
the substance of high pressure such as #7&, '*#O>I:? etc. It is very difficult to
handle these types of machines. It needs high security and to confirm whether the
e1uipment is running smoothly. It contains serial no., section, pressure vessel, last
test etc.
@1 M#05Fdi!!- F It is a section contains trained person to maintain the
security. If any accident occurs, the help of this person is supplied and reduces the
comple(ity of accident. "n accident controller is the head of this section.
ORGANIZATION CHART O2
TECNICAL DE3ARTMENT
,OINT GENERAL MANAGER
8TECHNICAL9
ASST GENERAL MANAGER
8TECHNICAL9
MANAGER 8LA)9
DE3UTY MANAGER
8LA)9
SENIOR SCIENTI2IC
O22ICER
MANAGER RDD
DE3UTY MANAGER
8TECNICAL9
SCIENTI2IC O22ICER
ASST SCIENTI2IC
O22ICER
LA) TECHNICIAN
DATA COLLECTOR
STATISTICIAN
B9 TECHNICAL DE3ARTMENT
"ssistant &eneral !anager =technical0 is the head of this wing. This wing
functions as a third agency to the production and maintenance department. The
technical wing ta)es charge to research and development, Buality control,
#aboratory and technical services.
/C9 RESEARCH AND DEVELO3MENT
!!# maintain a fully e1uipped research and Development facility in the
area of 7igment and paint technology with a view to establish world$ class
products and competitiveness. This e(cellent facility underta)es research,
development and product improvement. %cientists and ?ngineers continuously
pursue innovative technologies in the area of TiO, pigment, 1uality improvement
and other allied products. The technical and sales service wing e(tends all helps to
customer in the field of applications and users.
!!#5s >esearch and development has achieved following tas)s in recent
timesD
/. Developed new grade >'$H+, with e(cellent balancing properties of glass
and weather ability.
,. %uccessfully developed an improved process of o(idation plant.
.. Developed )now how to convert iron o(ide waste to bric)s used for
DGM 3RO,ECT
MANAGER 3RO,ECT
DY MANAGER 3RO,ECT
3RO,ECT ENGINEERS
ASST ENGINEERS
DRA4ING O22ICERS
construction.
2. Developed grade >'$ H+H, special grade for automotive coating.
The following wor)s are on progressD
/. Developing a grade suited for thin film plastic application.
,. !anagement of solid effluent
ORGANIZATION CHART O2
3RO,ECT DE3ARTMENT
//9 3RO,ECT DE3ARTMENT
Koint &eneral !anager =7roject0 is the head of the wing. This wing is
engaged in the e(pansion program of the company. They are engaged in the
building up of new products etc. they also decide up on the future plans of the
company.
%ome major projects on which they are wor)ing upon includeD
/. " new !% plant of , lac)s tones illmenite capacity per year
,. " new synthetic rutile plant of capacity /.. lac)s
.. " new /++ tone per day O(ygen plant
2. 'apacity enhancement of Ti+, plant in to one lac)s tones per year.
UTILITIES
"ssistant &eneral !anager =utility0 is the head of this department. The
utilities consist of steam, compressed air and water. Two boilers having a capacity
of .. tonnesGhr each and one pac)age boiler of capacity H tonesGhr supply the
steam. The compressed air for plant and instrument used is supplied at a pressure
of H )gGcm,. There are four tube well pumps supplying water treatment plant.
S4OT ANALYSIS
SFSTRENGTH
/. !!# is the only company in India producing >utile grade Titanium
Dio(ide.
,. 'onstant up gradation of technology.
.. >aw materials are found in. nearby areas
2. "vailability of cheap and best 1uality raw materials. i.e. !ineral sand
consisting of illmenite, >utile, Iircon etc.
3. The only integrated plant in the world having mineral separation plant,
synthetic rutile plant, Titanium dio(ide plant and all are closely located in
one comple(.
;. 7rofit ma)ing public sector underta)ing with a total capital investment by
the government of erala.
J. The company has achieved a brea) through in the e(port mar)et. During
the financial year ,+//$,+/, the company has earned the ma(imum
foreign currency among the chemical factories of public sector
underta)ing in the state.
H. Technology perfected by internal research and development efforts.
A. Technological collaborations with the >ussian !ining 'ompany
>O%%-O>: for the production of Titanium %ponge.
/+.The pro(imity of infrastructure facilities such as seaport, >ailway station
and International "irport is one of the greatest strengths of the company
4 F 4EAKNESSES
/. #ac) of sufficient land for e(pansion projects and storing or disposal of
hazardous waste.
,. 7oor 1uality power and lac) of captive power generation facility.
.. The internal control procedure relating to stores, raw materials including
components, plant and machinery, e1uipment and other assets and for the
sale of goods are not commensurate to the size of the company.
2. ?(ternalGpoliticalG&overnmental interference on company5s day to day
affairs impairing corporate governance and professional management.
3. Eeight variation due to atmosphere effect of the pac)age product.
O F O33ORTUNITIES
/. !ore sales realization in domestic as well as foreign mar)et.
,. 7rovision should be made for determination of unserviceable and damaged
stores, raw materials and productivity
.. %teady growth of user industries li)e paints, plastics, cosmetics and in).
2. Faster growth rate of mar)et in "sian countries where manufacturing
facilities are limited.
3. <ne(plored value addition sector li)e Titanium metal, Iirconium
compound
;. erala state being made better )nown to the outside world with the
e(pansion of tourism and infrastructure technical sectors.
J. Technical collaboration with I%>O in Titanium !etal production.
T F THREATS
/. #ower sales realization giants li)e Dupont, ers $!c &ee, Ishihara, and
'rystal etc.
,. Duplication chances by stoc)iest.
.. ?(isting infra structure is very old and is need to be replaced.
2. 7olicy change of the state and central govt. regarding sand mining may
affect the production.
3. !ining policy of central and state government can allow small time
entrants to the sector.
2INDINGS
"s the global price for the product to coming down gross profit are
decreasing and net profit through out the study.
The long term solvency position of the company is satisfactory.
The upcoming of new mining companies of Titanium product will ma)e
stiff competition on !!#.
The inability of the management to control effectively the resistance raised
by the local people in some radical issues.
CONCLUSION
In the previous chapters, the business activities of !!# studies
comprehensively. The origin of the company and its underta)ings is found out. It
has been found out that the &overnment is playing major role for prospering the
company. !anpower activities, welfare schemes provided to its employees and its
great play in giving various training programmes have been positively revealed.
The company is aiming at providing 1uality grades of TiO, to its various
customers according to their wants.
The company is successful in increasing its production capacity from ,,+++
tones to 3++++ tones and it is planning for its future. Dupont, <%" is the
company5s stiff competitor and company5s mar)eting section )eep trac)s of its
products and demand and supply. The company has a good li1uidity position. The
company is performing better in the recent years. The cordial and cooperate
relationship between the management and the employees is the secret behind the
success of this public sector company. "ll the departments in this organization are
wor)ing hand to hand thus bringing out the best results.
It may be included that the study has been done successfully )eeping
the objective in mind. I was very much benefited by this training at !!# It may
be included that the study has been done successfully )eeping the objective in
mind.
)I)ILIOGRA3HY
Davis eith, 9*uman -ehaviors at Eor)9, Tata !c&raw *ill
7.4arma, 9*uman >esource !anagement9, %.. ataria @ sons, :ew
Delhi
%tanton Eilliam. 9Fundamentals of !ar)eting9, !c &raw *ill
'.>.othari, 9>esearch !ethodology methods and Techni1ues9,
Eishwa 7ra)ashan, :ew Delhi
7hilip otler and evin eller 9!ar)eting !anagement
www.)mml.com
www.e(port$japan.com.inc
Department !anuals
%preading %plendour =!onthly :ewsletter from !!#0
'ompany -rochures
The !!# %tanding Orders
"nnual >eport ,++A$,+/+
"nnual >eport ,+/+$,+//
"nnual >eport ,+//$,+/,
A33ENDIG
A))REVATIONS
!!# D erala !inerals and metals #td
Ti+, D Titanium Dio(ide
I'I'I D Industrial 'redit and Investment 'orporation of India
%-I D %tate -an) of India
%-T D %tate ban) of Travancore
7F D 7rovident Fund
D&! D Deputy &eneral !anager
'IT< D 'entre of Indian Trade union
I:T<' D Indian :ational Trade <nion 'ongress
>%7 D >evolutionary %ocialist 7arty
"&! D "ssistant &eneral !anager
""O D "ssistant "dministrative Officer
"7O D "ssistant 7lant Officer
"O D "dministrative Officer
*>D D *uman >esource Development
K&! D Koint &eneral !anager