PROJECT REPORT

ON
YESHWANT CASTINGS

 
PRESENTED BY: Mahant88)
Pratibh792)
PRESENTED BY: Kaveri.(794)
Raghvendra.(795) P.
Mahantesh.(788)
Pratibha(972)
COMPANY PROFILE

 Yeshwant Castings was founded in 1960 by

Yeshwant Upadhye. Today, his grandsons Mr.
Veerdhaval Upadhye (Managing Director) and
Mr. Vishwajeet Upadhye (Director) have made
their mark in Indian market.

 In addition to a strong Indian customer base,

these entrepreneurs are enthusiastic and eager
to promote the companies products on a (WWS)
worldwide scale.
  Name of the organization-
Yeshwanth castings, Belgaum 
 
 Address of the company-
703/1 Udyambag, Belgaum,
Karnataka,590008.India.
 
 Phone no- (0831) 2442130
 
 Nature of organization- Partnership
 
 Name of partners
 
There are five partners namely
 Mr./Mrs.. Veerdhaval upadhey.
 Mr./Mrs. Viswahjit upadhey
 Mrs. V. upadhey
 
 Nature of business – manufacturing sector
 
 List of products

 
 Pulley
 Flanges
 Hose nipples
 Crushers spares
 Other agriculture equipments
 
 
 
LIST OF CUSTOMERS

 
 Ganesh enterprises,Shimoga
 Arihant enterprises, Karatgi
 Chetna enterprises, Raichur
 Shirigir enterprises, Gangavati
 Universal machine constructions, Pune
 Investment in plant & machinery –
Rs.2crore
 
 Total number of employees
Number of management people – 5 partners
 
 Administrative staff – 5
 Supervisor 2
 Unskilled labour 10
 Skilled labour
7(including supervisor)
 Contract labour _
 
 Total no of employees 22
USE OF INFORMATION
TECHNOLOGY

 computerized system
 Internet
 E-commerce.
OTHER INFORMATION  

 Problems faced by yeshwanth castings-

Labour shortage is one of the major
problems faced by Yeshwanth casting.

 solution for labour problem:

 attraction
of labour through local enquiry
 through employment agency

 
 Competitors
Yeshwanth castings is one of the main
leader in Belgaum industries producing
pulleys and agriculture equipments.

 The main competitors is –

Yeshwant precision pulleys,
Channama nagar, Belgaum.
FUTURE OPPORTUNITIES/FUTURE PROJECT PLANNING
 

to improve quality of products to meet global

competition.

to establish one more plant to meet customer high

demand.

addition of other related products such as loveser

cuppling, tapper lock pulleys.

to export these products to England in coming 2-3 years.

 
 
 
 
HR ACTIVITIES

 To record attendance, absenteeism of workers.

 To prepare salary slip.
 To advice the owner about the working
environment.
 To inform the management about the problems of
workers.
 To maintain discipline among the workers and to
develop in them right approach to work.
 To suggest the measures which will serve to raise
the standard of living of workers and in general to
promote their well being.
 
WELFARE FACILITIES FOR WORKERS
Washing Facilities
Facilities for sitting
First aid appliances
Leave Facilities.
Uniforms

Workers Shift:
Office Time : 10.00 A.M. to 6.00 P.M  
Working Time :10.00 A.M. to 6.00 P.M.

 
 
 RECRUITMENT
For recruitment purpose they give
Advertisements in LOCAL NEWSPAPERS.
They recruit workers through
employment agency and also do local
enquiry.

 SELECTION:
Here Managers and clerical staffs
are selected by personal interview.
 
 TRAINING AND DEVELOPMENT:
As per requirement they give training
to employees in the form of instructions.
For ex. : Machine Handling Training
 
 PERFORMANCE APPRAISAL:
Here performance of employees is
good. Because they achieve the set
production target daily.
 COMPENSATION:
Wage and Salary structure of Yeshwant
Castings is on monthly basis for both skilled
and unskilled employees.
 
 DISPUTE HANDLING:
No such cases among employees and
Management .If it arises Management will
communicate with the concerned employees
to solve the dispute and if needed they are
ready to change the working schedule.
 
 MOTIVATIONAL INITIATIVES:

 Deepavali Bonus

 Attendance incentives

 ESI

 Profit sharing
 
MARKETING ACTIVITIES:
 To receive orders from the Dealers.
 
 To supply products on time
 
 Developing new customers.
 
 Maintain good relation with the customers.
 
 To
maintain proper accounting records of the
marketing activities.
 
FINANCIAL ACTIVITIES:

 Recording day to day transactions in the books of accounts as

per rules and regulations.

 To maintain clear records with related transaction.

 To prepare trading A/c, Profit and Loss A/c. and Balance Sheet.

 Scrutiny of Accounts

 Preparation of cash budget, annual report etc

 To show the accounts to government officers for taxation.

 
PRODUCTION MANAGEMENT

Production Process

 Heat treatment:
 Machining:
 Painting:
 Delivery:
QUALITY POLICY:
 Yeshwan Castings is an ISO 9001:2008 International
standard Company for a quality management system so
as to demonstrate its ability:

 1) To consistently provide product that meets customer

and applicable regulatory requirements.
 2) Enhance Customers satisfaction through the effective
use and application of this systems, including processes
for continues improvement of the system.
 3) Assurance of conformity to customer and applicable
regulatory requirements.
 (a)Layout
Type of layout- Product layout.

 (b) Production planning and control.

 
1) As per the customer requirement, fixation of
production target is done.
 
2) If the production is to be done next day, the
requirements are planned on the previous day and the
same plan is informed to the workers at the morning. And
some instruction are given by manager to the workers
related to production plan to meet the customer demand
on time
 (c) Inventory management
 
 For inventory management computerized system is
adopted for smooth working.

 Firm maintain minimum stock of products and raw

material to avoid the shortage of products and to
avoid over stock as well.
 
 
  SWOT ANALYSIS 

 STRENGTHS

 ISO 9001:2008 international standard company for Quality

Management

 Quality Products

 Best co-ordination between management and workers

 Good utilization of production capacity

 Good productivity
WEAKNESSES

 Shortage of skilled and trained labour force.

 No assurance of job for workers.i.e.company can

fire workers at any time.

 
 THREATS
 Competition from big industries.
 Global competition. 

 
OPORTUNITIES
 Global market is open for company’s product
i.e. there are lot of opportunities to export
products
 
FINDINGS AND SUGGESTIONS

CONCLUSION:
 
Yeshwant castings is functioning smoothly
and profitably. There is good demand for
company’s products in home market as well as
global market. 
 
 
SUGGESTION:
 
Provide job security to workers.

 
THANK
YOU……