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SUMMER INTERNSHIP REPORT

SUBMITTED BY-
SIDDHANT GURUNG
BA ECONOMICS HONORS
IV SEMESTER
SESSION 2015-2018

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DECLARATION BY THE STUDENT
I hereby declare that this Internship Report submitted by me is based on actual work

carried out by me during the course of my internship at JK Tyres & Industries Ltd

(Vikrant Tyre Plant), Mysore. The internship has been completed under the guidance and

Supervision of Mr. Hemanth HB, Sr. HR Manager at JK Tyres & Industries Ltd (Vikrant

Tyre Plant), Mysore. Any reference to work done by any other person or institution or any

material obtained from other sources have been duly cited and referenced.

Date:-Tuesday, 16 May 2017

Name of Student: - Siddhant Gurung Signature:-

ACKNOWLEDGEMENT

Its with great pleasure that I extend my sincere gratitude to my corporate mentor Mr.

Hemanth H.B. and my faculty mentor Mr. Emmanual P.J. for providing their valuable

guidance at all stages of the study. Their advice, constructive suggestions, positive and

supportive attitude and continuous encouragement, have helped me to complete the

project on time. I would also like to thank Mr. Rakesh B (Assistant HR Manager) who in

spite of busy schedule has co-operated with me continuously and indeed, his valuable
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contribution and guidance have been certainly indispensable for my project work. I would

also like to thank my fellow interns Jahnavi G and Kulsum Rafi for their good

cooperation during the course of my internship. I owe my wholehearted thanks and

appreciation to the entire staff of the company for their cooperation and assistance during

the course of my internship. I hope that I can build upon the experience and knowledge

that I have gained and make a valuable contribution towards this industry in coming

future.

ABSTRACT

As part of my summer internship, I chose to intern at JK Tyres & Industries Ltd (Vikrant

Tyre Plant), Mysore. Every year JK Tyres provides an opportunity to students to gain

insights about the manufacturing sector and experience the actual work/business

scenarios, apply their theoretical learnings 'on the job', and gain vital insights into

management, technology, leadership and everyday challenges. The company provides

internship in areas such as Human Resources, Finance & Accounts, Marketing & Sales,

Operations, IT, R&D, Product Development and Production. I got the opportunity to

intern in the Human Resources Department of JK Tyres & Industries Ltd (Vikrant Tyre

Plant), Mysore. The objective of my internship was to be part of the productive enterprise

in order to understand the organizational structure and participate in the work that was

being carried out and also expand the theoretical understanding to the practical scenarios.

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My guide during the internship period was Mr. Hemanth HB, Sr. HR Manager at JK Tyres

& Industries Ltd (Vikrant Tyre Plant), Mysore, under whom I got the opportunity to

experience the actual business scenario and apply some of my theoretical knowledge in

these scenarios. I also got the opportunity to interact with a number of different

employees working in different departments at JK Tyres which further helped me

improve my understanding of the corporate world.

All in all, the internship has helped me learn new skills and develop my competencies in

the field of my choice.

INDEX

CHAPTER 1: INTRODUCTION
1.1. COMPANY PROFILE6
1.2. ABOUT JK ORGANISATION..6-7
1.3. JK TYRES & INDUSTRIES LTD 7-8
1.4. TIMELINE OF THE COMPANYS HISTORY.....8-10
1.5. VISION & MISSION..10
1.6. CORE VALUES..10
1.7. ORGANISATIONAL STRUCTURE OF VIKRANT TYRE PLANT...11
CHAPTER 2:- INTERNSHIP REPORT
2.1 OBJECTIVE OF THE INTERNSHIP..................12
2.2 SIGNIFICANCE OF THE INTERNSHIP...12
2.3 LESSONS LEARNT DURING THE INTERNSHIP.12-13
2.4 CHALLENGES FACED BY THE INTERN...13
2.5 RECOMMENDATIONS13-14
2.6 CONCLUSION14
2.7 REFERENCES15

CHAPTER: - 1
1.1 Company Profile:-

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1.2 About JK Organisation:-
JK Organisation, the Rs 21,000-crore conglomerate with a workforce of over 40,000, has

business interests across the globe, spanning over 90 countries. The JK Organisation

traces its origin in the 18th century, when it came into being under the leadership of Lala

Kamlapatji and his father Lala Juggilalji, therefore the name J.K.. While the flagship

businesses are Tyre & Industries, Cement and Paper, the group umbrella also includes

Fenner India, JK Seeds, Umang Dairies and JK Agri Genetics. The group also has a

significant presence in the clinical research and insurance solutions through its

companies: CliniRx Tangent Research and JK Risk Managers & Insurance Brokers Ltd.

The pioneering spirit of J.K. Organisation which has been constantly striving to provide

best products to its consumers also felt the need to have a functionally effective education

system for the growing generations of India. While it continues to run various schools

across its facilities in different parts of the country under the Lakshmipat Singhania

Foundation, The JK Lakshmipat University at Jaipur has taken up the responsibility to

shaping up the new-age new-age technocrats and business leaders.


The conglomerate is also in health care services. While every plant of the group has

primary healthcare facilities for its employees and communities living around them, it

runs the Pushpawati Singhania Research Institute for Liver, Renal and Digestive

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Diseases, New Delhi, the JK Institute of Radiology & Cancer Research, Kanpur and the

Lakshmipat Singhania Institute of Cardiology, Kanpur.

1.3 JK Tyres & Industries Ltd:-


JK Tyre & Industries Ltd is an Automotive Tyre, Tubes and flaps manufacturing company

based in Delhi, India. The company is the market leader in Truck/Bus Radial tire in India

and is the only tyre manufacturer offering the entire range of 4 wheeler radials for Trucks,

Buses and Cars.[3] JK Tyre has a worldwide customer base in over 80 countries across all

6 continents. It is a part of J. K. Organisation group of Companies. JK Tyre also acquired

Mexican tyre major Tornel in 2008. With production facilities in all 9 plants, total

production capacity is almost 20 million tyres p.a. The Company is headquartered in New

Delhi, Bahadur Shah Zafar Marg. Registered office is in Kankroli, Rajasthan.

Manufacturing plants are located at nine centres in India, located at -

Vikrant Plant 1,2&3, in Mysuru Karnataka (3)


Banmore, Madhya Pradesh
Kankroli, Rajasthan
Chennai, Tamil Nadu
Laksar (3), Uttarakhand
JK Tyre has also enhanced its global reach by taking over Tornel, a Mexican company,

which has 3 plants in Mexico. JK tyre has acquired LAKSAR plant of BIRLA TYRES

located in Haridwar, in the name of Cavendish Industries. With the new agreement

company has now total of 10 manufacturing plants in India.

1.4. Timeline of the Companys History

1974 JK Tyre founded in West Bengal with an industrial license in February

1974 for the manufacture of 400,000 nos. each Automobile tyre and Tubes per

annum. The company was converted into a public limited company on 1 April

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1974. The manufacturing project was promoted by Straw Products Ltd and J.K.

Synthetics Ltd.
1982 The company's technical collaboration agreement with General Tire
1987 The overall working resulted in substantial profits despite a 51-days strike

as well as go-slow from 14 October.


1988 New steel radial tire for Maruti Gypsy and Tata Motors were introduced.
1989 Semi-lug Nylon Truck tyre, a New patterns and sizes of tyres were

introduced.
1991 Handeep Investment, Ltd., Hidrive Finance Ltd., Panchanan Investment

Ltd., and Radial Finance Ltd., J. K. International Ltd., Shivdham Properties Ltd.,

and J.K. Asia Pacific, Ltd., became subsidiaries of the Company. Radial Tyre for

Tractors were launched.


1992 Opening of office in Moscow besides starting Company's subsidiaries in

U.K. & Hong Kong.


1993 New radial tyres 'Brute' and 'Ultima' were introduced. The Company in the

process of developing steel belted radial tyres for Mercedes Benz, Peugeot,

Daewoo race and Opel Astra. A new pattern developed for bus and trucks 'PE-T8'.
1994 The T-rated Ultima tyres launched for new generation cars found in DCM

Daewoo's 'Ceilo'. J.K. Steel radial chosen for Mercedes Benz India. Development

of steel radials for GM's 'Astra'. PAL's 'Peugekot' FIAT's, 'UNO' and M & M's

'Ford'. Truck tyre 'Jet Trak' - 39 introduced to meet the needs of the heavy load

market. The new tractor rear tyre 'SONA' introduced.


1996 Jet Drive XS, the widest nylon car tyre for Maruti 800 launched. Radial

category, Ultima XR Radial, a terrain tyre introduced. Introduction of India's first

and only H-rated ultima Xs' especially for Mercedes - Benz Cars.
2000 JK Tyre and Indian Oil Corporation entered into a marketing alliance for

installing digital air pressure gauge and setting up sales and services outlets at IOC

petrol stations in India.

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2001 Raghupati Singhania managing director of J K Industries has appointed the

19th Chairman of Automotive Tyre Manufacturers Association.


2002 CRISIL assigned a P1+ rating to the Commercial Paper programme of the

company.
2003 Mr Ajay Kapila appointed as the marketing director. Divested its wholly

owned subsidiary called J.K. Drugs and Pharmaceuticals Ltd to TEVA

Pharmaceuticals of Israel.
2004 Securities delisted from Delhi Stock Exchange Association Ltd (DSE).
2007 Name of the Company changed from J K Industries Ltd to JK Tyre &

Industries Ltd.
2008 The company has issued rights in the ratio of 1:3 at a premium of Rs.75 per

Share.

1.5 Vision & Mission

Vision

To be amongst the most admired companies in India, committed to excellence


Mission
Be a Customer Obsessed Company - Customer First 24x7
No.1 Tyre Brand in India
Most profitable Tyre Company in India
Motivated and Committed team for excellence in performance
Be a Green Company
Deliver Enhanced Value to all stakeholders
Enhance global presence through Acquisition / JV / Strategic Partnerships

1.6 Core Values


Excellence comes not from mere words or procedures. It comes from an urge to strive and

deliver the best. A mindset that says, when it is good enough, improve it. It is a way of

thinking that comes only from a power within.


Caring for people
Integrity including intellectual honesty, openness, fairness and trust.
Commitment to excellence

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1.7 Organisational Structure of Vikrant Tyre Plant

Chief GM-HR&IR

Chief Chief
Manager- Senior Manager-
Manager-
IR&Legal Medical Manager-
Personnel
Manager HR&IR(Plan
Welfare
Manager-
Deputy
HR
Manager-HR
Senior
Officer-Trainee
Officer-HR

Senior Time
Officer- Office-

CHAPTER 2:- INTERNSHIP REPORT

2.1 Objectives of the Internship

To impart theoretical skills into practical work


To gain business work experience
To obtain/acquire knowledge about the work place
To gain insights about the demands and challenges of the workplace
To relate with different kinds of people and coordinate with them

2.2 Significance of the Internship


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The internship has helped the intern to gain business work experience since he was

involved in practical work in a business environment.


The internship has also helped the intern in making of connections with various

people who in the future may be helpful.


The internship has allowed the intern to learn new skills which may be useful to him

in his future.
The internship has helped the intern in making friends with the other interns through

interactions with them.

2.2 Lessons learnt by the intern while at JK Tyres

The intern learnt how to arrange various company related files in the most appropriate

fashion, binning and racking them by the best methods, and placing them in such a

way that any item or material can be located quickly and easily when it is required.
The intern learnt how to prepare and compute employees attendance sheet on

Microsoft Excel.
The intern learnt about various important topics such as TPM (Total Productive

Maintenance), PMS (Performance Management System) that are related to the HR

Department.
The intern also learnt to coordinate with his colleagues in order to complete various

assignments such as managing factory visits by students from nearby colleges,

thereby learning the fundamentals of good teamwork.


The intern learnt about the office etiquettes to be maintained while communicating

with the senior employees at work. He also learnt about the professional ways of

answering a call and even shaking a hand.

2.3 Challenges faced by the Intern at JK Tyres (VTP)

The intern had to sit idle some days as everyone in the company were preoccupied

with their work and were unable to assign any work to the intern.

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The workings hours were irregular and the intern had to stay back beyond his

stipulated time of work.


The intern was not allowed to carry his laptop to the office and as a result had to sit

idle in his cabin when no work was assigned to him.


The intern was assigned inane work at times which was beyond the kind of work that

was expected.

2.4 Recommendations by the Intern

The intern does appreciate the time and opportunity provided to us as students by the

company to carry out our internships, however there exists a need to review the ways in

which the internships are handled and address the aforementioned challenges faced by the

intern.

The company should create a separate policy for the interns keeping in mind their

needs and interest.


The company should provide separate badges for the interns to identify them from the

working staff.
The company employees should engage the interns in their works which would

provide the interns the opportunity to learn something new plus showcase their skills

to the employee.
The interns should be allowed to engage in their side activities whenever they are

free.
The company should allow the interns to shuffle around different departments so that

they can gain insights about their working style.

2.5 Conclusion

The internship opportunity provided by JK Tyres & Industries Ltd, Mysore has helped me

fulfil not only my course objective but also enabled me to learn about the HR Department and

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its significance in the organisation. The exposure I received during the course of my

internship at JK Tyres & Industries Ltd, Mysore has enabled me to understand the corporate

world even better. The skills Ive learned during this period will definitely help in my future

endeavours. All in all, I can say that it was an amazing experience interning at JK Tyres &

Industries Ltd, Mysore.

References

JK TYRES. (n.d.). JK ORGANISATION. Retrieved from JK TYRES:


http://www.jktyre.com/groupcompany.aspx

JK TYRES. (n.d.). JK TYRE INTERNSHIP PROGRAM. Retrieved from


JK TYRES: http://www.jktyre.com/internshipprogram.aspx

Wikipedia. (2017, March 29). JK Tyres. Retrieved from Wikipedia:


https://en.wikipedia.org/wiki/JK_Tyre

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