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Marathwada Shikshan Prasarak Mandal’s
Deogiri Institute of Engineering and Management Studies,
Summer Training Project Report
Submitted by
Mr. Nilesh Chandrakant Rathod
Roll no. M-45
MBA III semester
Batch 2013-2015

In partial fulfillment of the completion of the course of
Dr. Babasaheb Ambedkar Marathwada University, Aurangabad


Marathwada Shikshan Prasarak Mandal’s
Deogiri Institute of Engineering and Management Studies,

Summer Training Project Report
Submitted by
Mr. Bhushan V. Pande
Roll no. M-15
MBA III semester
Batch 2013-2015
In partial fulfillment of the completion of the course of
Dr. Babasaheb Ambedkar Marathwada University, Aurangabad

Prof. Dasare Mangesh Prof. Rupesh Rebba Dr. Ulhas Shiurkar
Project Guide HOD Director



I, MR. NILESH C. RATHOD thanks to my project guide “MR. SUNIL
GUMPHEKAR” His expertise was invaluable during each step of the project
from narrowing the scope of the research to theoretical development and
I also thank Prof. Dasare Mangesh (Project Guide), Prof. Rupesh Rebba
(H.O.D.) and Dr. Ulhas Shiurkar (Director), Deogiri Institute of Engineering
and Management Studies, Aurangabad for encouraging and guiding me
through the summer training project.

Mr. Nilesh C. Rathod
Roll no. M-45
MBA III semester
Batch 2013-2015



This is to certify that, Mr. Nilesh C. Rathod, a student of Deogiri
institute of Engineering & Management Studies, Aurangabad Batch 2013-
2015, has duly completed his Summer Training Project (CP-304). And has
submitted satisfactory report to Dr. Babasaheb Ambedkar Marathwada
University, Aurangabad, in partial fulfillment of Masters of Business
Administration course.
We wish him all the best for future Endeavor.

Prof. Dasare Mangesh Prof. Rupesh Rebba Dr. Ulhas Shiurkar
Project Guide HOD Director



I Mr. Nilesh C. Rathod hereby declare that I have formed, completed
and written the Summer Training project report on 'Swaraj Engineering
It has not been previously submitted for the basis of the award of any
degree or other similar titles of this or any other examining body or

Place:- Aurangabad Name:- Nilesh C. Rathod
Date:- Roll No. M-45
Batch 2013-2015





Sr. No. Particulars Page
1. Introduction of Implant Training 8
1.1 Need
1.2 Scope
1.3 Objective
2. Company and Product Profile 9
2.1 Mission
2.2 Vision
2.3 Objective
3. Product Profile 12
4. Departments
Finance 13
Human Resource 17
Production and Quality 22
Plant Engineering 34
5. SWOT analysis 37
6. Suggestion 38
7. Limitation 39
8. Conclusion 40
9. Bibliography 41


Introduction of Implant Training
For any MBA Student, a learning combination of theory and practice is
an invaluable asset, as it helps in understanding the core principles of
business by way of first hand experiences. This implant training is a stepping
stones, which will groom me for my future in the industrial world.

Scope of Study:
One objective implant training is to help the student bridge the gap
between academic theory and practical application and allow you the
opportunity to explore a career in any field.
To obtain knowledge of the organization structure and operations. To
observes the condition of the different departments and the opportunities
that are available.
Implant training provides opportunity to interact with people who have
the inside track and chance to build network within industry.
The main reason behind making or researching this project is to know
how the management works out to their employees and their main motto is
 Achieve goals
 Gain a positive perspective
 Create the power to change
 Build self-esteem and capability
 Mange their own development


Objective of my implant training:
 To get an industrial exposure.
 To be aware of the happening in a particular industry.
 To learn functioning and operation of different department in an
 To get knowledge about the working culture of the live store.
 To meticulously keep a watch on various policies been planned and
implanted in an organization.
 To get deep knowledge about processing activity, product, how to
maintain quality of product, manage employees, maintain and
improvement finance performance.
 Understand the customer and staff behavior.
 To learn about group dynamics as well as group cohesiveness.




Company and Product Profile
Swaraj Engineering Works are one of the renowned Steel fabricators,
engaged in Pre-Engineering Steel Fabrication, Building Erection Works,
Structural Fabrication, Industrial Piping, Factory Construction (including
roofing and cladding), and Customized Industrial Fabrication Work.
The company began its engineering activities in 1985 by Shri Sunil
Gumphekar with a small infrastructural set up and a vision to grow. Our
contracting division has contributed in building numerous structures.
Thereafter the company has developed resources, expertise and
infrastructure. With our vision to grow we entered in manufacturing with a
diverse range of products such as Heavy Machining, Semi -finished and
Finished automotive components, Sugar Factory Equipments ,Material
Handling Equipments, Machine Components , Jigs & Fixtures, Press
Components, Sheet Metal Components, etc.
We at Swaraj engineering works are committed to enhance customer satisfaction.
“To become one of the renowned Steel fabricators, engaged in Pre-
Engineering Steel Fabrication.”


Certifications & Achievements:

Product Catalog:
1. Heavy Structural Fabrication
2. Heavy Machine Shop
3. CNC Machine components
4. Machine Shop
5. Material Handling Equipments
6. Jigs and Fixtures
7. Press Components
8. Press Tools



The finance part can be defined as procurement of funds and their
effective utilization in the business. Finance area covers financial planning
forecasting receipts and disbursement realizing of funds, use and allocation of
funds and financial control through budgets and other devices of financial
control, the financial manager attempts to bring performance closer to the
targets. The main objective of this finance area is to use business funds in such
a way that the earnings are maximized. These are various decisions will have
to take into consideration the commercial strategy of the business. The
finance area provides a framework for selecting a proper course an action and
deciding a viable commercial strategy. The main objective of business is to
maximize the owner's economic welfare.
In the light of broader scope of finance area, it includes the judgment
about whether a company should hold, reduce or increase the investment in
various assets. A finance function is most important of all business functions.
It remains focus of all activities. It is not possible to eliminate or substitute
this function because the business will close down in the absence of finance.
The need of money is continuous. It starts with the setting of an enterprise
and remains at all times. The development and expansion of business rather
needs more commitment for funds. The funds will have to be raised from
different sources. The source will be selected in relation to the implications
attached to them. The receiving money is not enough, utilization is more
The money once returned will have to be returned also. If its use is
proper then its return will be easy otherwise it will create difficulties for
payment. The management should have an idea of using the money profitably.
It may be easy to raise funds but it may be different o repay them. The inflow
and outflow of funds should be properly matched.


Finance department is the starting point of every economic activity. It is
called as science of money. Finance is the basic requirement of every business
activity and therefore it is rightly called the life-blood of business.
Finance is essential for effective and smooth running of business. It has
been termed as universal lubricant which makes an enterprise dynamic.
Without the initial capital no business can be started. Nor can any business be
run without the necessary liquidity. Thus sitting in a single place the finance
department takes care of the entire functioning.

1) The Finance department distributes the various required budgets to
various departments. The corporate most probably decides the budgets.
2) The departments submit the required amount along with the reasons and
3) The Finance then projects the budget for the year and distributes the
designated amounts.
4) Finance department collects information from various departments in an
organization about funds requirement for projects.
5) Thus, sitting in a single place the finance department takes care of the
entire functioning. It is the responsibility of the finance manager to ensure
that there is enough liquidity in the company for any emergencies.
6) The variance payments to be made are handled by the finance. The cash is
managed and control by the finance. The payments are in the nature of
7) All these responsibilities rest with this department and are to be carried
out with extreme secrecy. The other facilities may need sudden amounts
without any prior notice. The documentation is extremely essential which is


taken care of by this department. There are invoices for every transaction.
These are maintained and recorded.
8) Thus is clear from the above stated functions that the finance handles
accounting, costing, taxes, and payments. This department functions under
complete secrecy. The profit earned and the losses incurred are to be balanced
and the essential liquidity has to be maintained.
9) The business is thus run with all the financial functions.

The other functions of functions of finance To process
bill payments. may be stated as:-
1) To develop MIS accounting.
2) To assist in consolidation of a counts and finalization of factory
3) To evaluate raw material and finish product accounting.
4) To process supplier, employees, and other plant bills.
5) To carry out cost accounting.
6) To take care of the work contract tax.
7) To manage sale tax issues.
8) To calculate tax deduction at source.
9) To calculate tax on collection.
There are certain other functions performed at the administration level.
These can be called as the secondary functions. This is essential as it is the
part of the running of a metal manufacturing plant. The location of a plant, its
construction, location of various departments in the plant. The location of a


plant, its construction, location of various departments in the plant, all this is
decided and approved according to the survey. The company is required to
submit the blueprints to the survey. Only after the approval the plant can be
constructed. Or any changes can be made.
When any new product is to be manufactured in the plant it requires
approval from the survey. The components are decided and monitored by the
survey. The person handling this has to look after the Submission and
essential documentation. He has to submit the forms and look into their
One other such secondary function is PPC (Production Planning And
Control). This involves coordinating with all the departments and arranging
for the purchase of raw material, "wing of the production and the various
factors involved. The production has to be panned and then executed
according to plans. All this is to be continuously monitored by the PPC and
controlled. The PPC has to take care of the actual difficulties arising during the
Production. These may be related to the batches under production or sudden
change in the rules in the packing rules. The rules involve printing of certain
details on the packing. These rules involve printing of certain details on the
packing. These rules change for different countries. Thus the respective
measures are to be planned and executed.


Goals & Objectives for a Finance Department

Small businesses might not have multi-employee finance departments,
but the goals and objectives for the accounting function of any entrepreneur
should go beyond just accurate record keeping.

1) Strategic Budgeting: One of the main goals for your finance department
should be to create and monitor not only your overall company budget, but a
variety of functional or departmental budgets, as well. Budgeting requires
research to estimate accurate revenue levels based on demand forecasting.
2) Cost Containment: To ensure you get the best quality at the lowest price
for materials, supplies and services, make purchasing management one of the
duties of your finance department. Require that employees get multiple bids
or present some justification for large purchases, and have your vendors,
suppliers and contractors.
3) Cash Flow Management: Knowing when your bills are due and when you
can expect payment from customers you’ve billed or other sales revenues is
critical for any small business. It’s not enough to show a profit on paper, and
your finance function should help you manage your working capital and credit
to ensure you have enough to pay your bills at all times.
4) Debt Service: Letting your debt get out of control can have serious long-
term impacts on your business. Keep an eye on your credit use, including
interest amounts you’re generating, the scheduling of your payments and the
status of your credit report and scores.


5) Tax Planning: Don’t wait until the end of the year to find out what your
income tax liability is. Use proactive strategies to lower your tax burden, such
as depreciating assets and offering voluntary benefits to employees that help
you lower payroll taxes.
6) Accurate Record Keeping: The most important objective of any finance
department is to keep accurate financial records. This includes helping you
meet your legal requirements and ensuring you don’t spend more than you
have by accident. Consider external audits to prevent fraud, and institute
policies and procedures for controlling contracts and payments.


B. Human Resource:-
The HR department means Human Resource department, this department
plays a very vital role in any organization, and basically the term human
resource at the macro level means the total sum of all the components like
knowledge, creative ability, kills, attitude, capability possessed by all the
peoples working in organization.

Services of HR Department:-
 Acts parent department of employees
 For departments availability of employees
 Vehicle availability
 Canteen Availability
 Works according to laws of government
 Maintain discipline and security
 Provide motivation to employees
 Celebration of birthdays in organization
 Recruitment and Selection


In general administration HR plays an important role. HR manager
manages all the activities regarding purchase and maintenance of office
1) The HR department handles the time office. This extremely essential as
the salary or the wages are decided based on inputs. There are leave
book maintained for all the employees. These books contain the
necessary details about the leave taken by the employee such as number
of days reason or leave etc. this helps in determining the number of
working days of the employee in particular month. In case extra
working time hours there are overtime slips which are to be filled.
2) The time office also deals with the legal aspects of the employees. This
includes the wages act, factory act etc. There are many apprentices
working with the company. They should know all the practices of the
3) The employees have various claims such as medical claims travelling
allowance. These are all processed by the HR.
4) If employee leaves the organization the HR conducts an exit interview
which involves the various experiences of the employee of the with the
5) Then a relieving letter is generated. The PF formalities are also
completed. The employee needs to give a prior notice of his or
scheduled leaving. The employee cannot leave without prior notice.
6) The HR department processes all the provident fund and ESCI details.
The provident fund involves the concerned deduction of the stated


amount from the salary of an employee. It is responsibility of HR to clear
all the dues of an employees.
7) The employee has an account with the PF. The amount deducted from
salary is deposited in this amount. There are provisions for loans. The
employee can withdraw some amount from his PF amount. The form
filled and other documentation required is to be completed by the HR
must ascertain the reasons then let the employee apply for the loan.

“Our Vision is to make our organization a great place to learn and work.
Our continuous effort is to ensure that every employee feels like an owner, to
fulfill all professional and personal goals.
Objectives and core functions of department:-
Employee Joining & Organization Development
Swaraj Engineering Works will not discriminate against any employee for
religion, color, age etc. However, the age requirements and the language
proficiency may be the decisive factors where these are the key requirements
of the position.
Recruitment Resources:
 Recruitment Agencies
 Advertisement
 References
 Direct


Process of Joining and Living Job:-
Educational Certificate
Leaving Certificate
Experience Certificate of all previous employer
Proof of last salary drawn.
 Monthly man power reporting
 Daily manpower checking
 PF
 Salary updating
 Leave Posting
 Lunch facility
Salary Format:-
Basic Salary
Basic arrears
Other allowance
PF contribution
Income & professional Tax


C. Production and Quality
Production and Operation Department:
Production and Operations Management ("POM") is about the
transformation of production and operational inputs into "outputs" that, when
distributed, meet the needs of customers.

POM incorporates many tasks that are interdependent, but which can be
grouped under five main headings:
Marketers in a business must ensure that a business sells products that meet
customer needs and wants. The role of Production and Operations is to ensure
that the business actually makes the required products in accordance with the
plan. The role of PRODUCT in POM therefore concerns areas such as:
- Performance
- Aesthetics
- Quality
- Reliability
- Quantity
- Production costs
- Delivery dates


To make PRODUCT, PLANT of some kind is needed. This will comprise the
bulk of the fixed assets of the business. In determining which PLANT to use,
management must consider areas such as:
- Future demand (volume, timing)
- Design and layout of factory, equipment, offices
- Productivity and reliability of equipment
- Need for (and costs of) maintenance
- Health and safety (particularly the operation of equipment)
- Environmental issues (e.g. creation of waste products)
There are many different ways of producing a product. Management must
choose the best process, or series of processes. They will consider:
- Available capacity
- Available skills
- Type of production
- Layout of plant and equipment
- Safety
- Production costs
- Maintenance requirements
The production PROGRAMME concerns the dates and times of the products
that are to be produced and supplied to customers. The decisions made about
programmed will be influenced by factors such as:
- Purchasing patterns (e.g. lead time)
- Cash flow
- Need for / availability of storage
- Transportation


Production depends on PEOPLE, whose skills, experience and motivation vary.
Key people-related decisions will consider the following areas:
- Wages and salaries
- Safety and training
- Work conditions
- Leadership and motivation
- Unionization
- Communication
Aims and functions of production department:
In a manufacturing company the production function may be split into
five sub-functions:
1. Production and Planning: The production and planning department will
set standards and targets for each section of the production process. The
quantity and quality of products coming off a production line will be closely
monitored. In businesses focusing on lean production, quality will be
monitored by all employees at every stage of production, rather than at the
end as is the case for businesses using a quality control approach.

2. Purchasing: The purchasing department will be responsible for providing
the materials, components and equipment required to keep the production
process running smoothly. A vital aspect of this role is ensuring stocks arrive
on time and to the right quality.

3. Stores: The stores department will be responsible for stocking all the
necessary tools, spares, raw materials and equipment required to service the
manufacturing process. Where sourcing is unreliable, buffer stocks will need
to be kept and the use of computerized stock control systems helps keep
stcoks at a minimal but necessary level for production to continue


4. Design and Technical Support: The design and technical
support department will be responsible for researching new products or
modifications to existing ones, estimating costs for producing in different
quantities and by using different methods. It will also be responsible for the
design and testing of new product processes and product types, together with
the development of prototypes through to the final product. The technical
support department may also be responsible for work study and suggestions
as to how working practices can be improved.

5. Works: The works department will be concerned with the manufacture of
products. This will include the maintenance of the production line and other
necessary repairs. The works department may also have responsibility for
quality control and inspection.
A key aspect of modern production is ensuring quality. The term quality
means fitness for purpose i.e. a product; process or service should do exactly
what is expected of it.

Purchase Store In charge:
 Preparation of purchase order / Arranging for purchase of Raw
Materials, spares and consumables.
 Supplier evaluation and maintenance of approved suppliers list follow
up with suppliers
 Maintenance of record in relation to purchase of products
 Maintenance of minimum stock level
 Stock register and material identification
 Preservation of materials stores


Products by Swaraj Engineering Works:
Heavy Structural Fabrication:
Pre-Engineering Steel Fabrication, Girders & Doors of dam, Structural
Fabrication, Industrial Piping, Factory Construction, Building Erection Works,

Special Features of our Structural Fabrication Services:
 Timely completion of work
 Effective customer support
 Completes work under the supervision of qualified professionals
 Reliability
 Meets your budgetary constraints
 Ensures complete customer satisfaction

Heavy Machine Shop:
Wide range of components includes heavy jobs up to 450 mm diameter
& 12 Feet length, as we are equipped with heavy machinery ,which includes
lathes (4 f,7 f & 12 f) along with Universal Milling and Drilling machines, Cut
off machines(Band Saw).


CNC Machine components:
To meet the requirement of accuracy and precision, we are equipped
with the precisely engineered CNC machine tools that deliver the product with
consistency, reliability and in time delivery.
Quality for us is one of the most important areas and we strongly
believe that our consistent relationship with our customers purely depend on
our capability to ensure delivery of good quality merchandise.

We offer following services:-

 Custom Made Parts
 CNC Machining Services
 Hard Part Turning

Machine Shop:

We are offering our clients well maintained Machine Shop Floor, that is
maintained well by complying with the requirement of 5's activity.


Material Handling Equipments:

We are engaged in producing a wide range of material handling
equipment which is appreciated by our clients from across the country.

We are involved in bringing forth an expansive range of Material
Handling Equipment. Following TQM policies and by employing latest
techniques, this equipment is developed in conformance with the industry
norms & standards. Precisely engineered our offered equipment find wide
application in construction and engineering related industries. Further, clients
can avail these equipments in various specifications as per their needs and


 Easy operation
 Heavy load bearing capacity
 Low maintenance cost

Jigs and Fixtures:

We produce and supply an array of Jigs and Fixtures which finds
application in the several industries.
 Jig & Fixtures are extensively used in automotive and welding
 The Jig & Fixtures are the economical ways to produce a
component in mass.
 Jig & Fixtures are used and serve as one of the most important
facility of mass production
 Jig & Fixtures are special work holding and tool guiding device.


Press Components:

Our organization is involved in offering a quality range of metal press
components that are manufactured in compliance with the international
standard. With the help of our cutting edge technology.


 Press Parts are manufactured from the premium quality metals.
 Press Parts are widely used in various industries for several
 The diverse machine components that we manufacture include
press parts.
 Press Parts designed to be compatible with a host of machinery
they are used across several industries.


Press Tools:

We offer a range of press tools that assist in shaping or cutting of
materials. These are suitable for applications in most manufacturing
industries including automobile. The press tools are available in different
shapes and dimensions.


 Our Metal Press Tools made from high quality raw materials and
deliver efficient performance.
 These Metal Press Tools are manufactured according to the
instruction provided by the clients.
 The Press Tools offered by us is stringently tested for quality and
 Our Metal Press Tools are manufactured in various designs and
various sizes as per the clients’ needs and market demand.


Companies Facility in Production Department:


Quality Management System at Swaraj Engineering
ISO 9001:2008 specifies requirements for a quality management system
where an organization.

 Needs to demonstrate its ability to consistently provide product that meets
customer and applicable statutory and regulatory requirements, and

 Aims to enhance customer satisfaction through the effective application of the
system, including processes for continual improvement of the system and the
assurance of conformity to customer and applicable statutory and regulatory

Quality Policy
We at Swaraj Engineering Works are strictly committed to deliver our
valued clients with world class products at highly competitive prices. With
years of experience in Metal Parts industry.
 Excellent Product Quality
 Prompt Service
 Employee Involvement
 Continual Improvement in the Effectiveness of Quality
Management System
Quality Control
 Overall quality control and assurance
 Maintenance of records related to incoming materials, in process
materials and final stage productions inspection reports including
dimensional inspection
 Calibration of inspection and testing equipment / instruments
 Identification of training needs of functions reporting to him
 Has the authority to stop production, to correct the quality problems



D. Plant Engineering

Plant engineering department handle all the maintenance of machines
and establishment of new machines for production. It also handles power
supply, air supply and air compressor for the production purpose in the

 Power supply
 Air supply
 Air compressor
 Water Supply
 Maintenance of all machines
 New machine establishment


Here we want to express our heartfelt gratitude to our clients for the
trust they have been placing in us

Clients from Automotive Sector:
 Bajaj Auto Ltd.
 Mahindra & Mahindra
 Rucha Technologies Pvt. Ltd.
 Badve Engineering Pvt. Ltd.
 Marathwada Auto Component Pvt. Ltd.
 Yashashree Auto Component Pvt. Ltd.

Clients From Non Automotive Sector:
 Kirloskar Group
 VS Engineering



 Well qualified and skilled manpower
 Very period of experience
 Good employee management
 Product Quality
 Company Reputation
 Inventory control is poor
 Working environment
 Workers are not able to adopt new technologies
 Lack of export
 Uses of machines are increasing
 New technologies are developing
 Increasing demand of heavy fabrication
o Heavy competition
o Increasing in Price of raw material
o Adopting old techniques of manufacturing



 Welfare activities of the worker should have to be improved.
 Company should ensure participative management.
 Promotion and marketing activities should be improved.
 Scope of expansion
 Staff coordination
 Company should focus on modernization.


 Generally the organization does not allow outsiders to conduct any
study or research work in the organization. Therefore, get the project
done in the organization was very difficult.
 The project based on theoretical guidelines and as per situation
precvalnt at the time practical training. Hence, it may not be apply to
different situation.
 The time span for the project was very short which was of two months,
which itself act as constraint, Moreover, studying the guidelines and
applied it practically with in such a short time span was a task of great


I have done this project report in a very healthy atmosphere, where
everyone cooperated me to do my project work in a systematic and complete
manner. This training has given me the knowledge about the various functions
in company.
In Plant Training helped me to understand all the functions, which is
going in the company. This training also helped me to understand the
managerial skills, which I study theoretically.


 Companies Website
 Senior managers guidelines
 Wikipedia