Mechanical Engg.

(GIA) Self-Employment and Entrepreneurship Development(3351906) 2020

Experiment:- 5 PART B
Report on any Training or Consultancy institute like GITCO
(From Website of GITCO http://www.gitco.co.in/)

Objective:- To Know about GITCO

To know about services available at GITCO

About GITCO
Gujarat Industrial and Technical Consultancy Organization Ltd. (GITCO) was set up in 1978 to
render industrial consultancy services to new and existing enterprises in the State. Over the
years, it has graduated to providing its services to the Small and Medium Enterprises (SME),
Larger Units, Government and Semi Government Institutions and Government Departments
covering both manufacturing and service activities.

For the last 40 years, with committed hard work, the GITCO Professional Team has won the
trust of Ministries and Departments of the Government, Multi-lateral Agencies, Financial
Institutions, Industry Associations and the ubiquitous Gujarati Industrialists. The inherent
Gujarati insight and business acumen along with professional inputs enable us to give innovative
perspectives in our consulting assignments.

Currently we offer our services for generic as well as niche areas aimed to ensure balanced
growth and development.

Main Services by GITCO

Techno-Economic Feasibility Study and Financial Restructuring

Techno-Economic Feasibility Study

Project Appraisal Services has been the core activity of GITCO since 1978. Techno Economic
Viability (TEV) Study provides an appraisal of technological parameters of projects and its
impact on the financial viability of projects. A TEV study is a risk mitigation exercise
 Mechanical Engg. (GIA) Self-Employment and Entrepreneurship Development(3351906) 2020

undertaken by banks and financial institutions prior to decision taken by a bank or financial
institutions on its lending decisions for projects.

This includes critical assessment of the Promoters, Product, Market, Technical and Financial
parameters related with the concerned project. A critical evaluation of these parameters is
essential for a meaningful TEV study. GITCO, with the right skill sets to deliver, assists banks
and financial institutions for decision making process related with the approval of Term Loan
and Working Capital Loan. GITCO is empanelled in most of the Nationalized and Scheduled
Banks.

Financial Restructuring

Companies and economies at times are hit with a downturn which causes financial stress on
businesses. Businesses are faced by issues such as being over-leveraged, having cash pressure or
liquidity shortfall or an actual or potential breach of debt covenant due to regulatory changes or
macro-economic environment. It often becomes difficult for companies to honor its financial
commitments to lenders and requires restructuring of its finances.

GITCO also provides its services for financial restructuring exercise particularly for BIFR and
GBIFR cases, Due Diligence studies, LIE (Lenders Independent Engineer) reports and diagnostic
studies.

GITCO deliver these services by its highly experienced professional team consists of Engineers,
CAs, MBAs. GITCO deploy domain experts to execute each assignment. GITCO has strong
credentials of working in different industries with a team of dedicated professionals.
 Mechanical Engg. (GIA) Self-Employment and Entrepreneurship Development(3351906) 2020

Industries and Services sector GITCO have served and the

products GITCO have covered

Industry/ Product/ Project

Sector

Ceramic Wall Tiles, Floor Tiles, Vitrified Tiles(GVT, D.C.) and Slab Tiles, Gypsum Board and Sanitary
wares, etc.

Mineral Granite, Micro minerals, Feldspar Power, etc.

Textile Ginning to Garments across value chain of textile products and Technical textile projects.

Chemical Dye and intermediate Industry, Fertilizers, Organic and inorganic Chemical, Specialty Chemical,
Agrochemicals and Pesticide etc.

Environment E-waste, CETP.

Ceramic Wall Tiles, Floor Tiles, Vitrified Tiles(GVT, D.C.) and Slab Tiles, Gypsum Board and Sanitary
wares, etc.

Pharma Formulation, API , Bulk drug, IV fluid etc.

Agro and Food Dairy Products, Fruit Juice, Corn Flakes, Cold Storage, Potato Powder, Poultry, Sugar Mills, Spice
Processing and Seeds Processing.

Engineering Basic Metals, Heavy Machineries, Machinery Parts, etc.

Renewable Solar Energy, Bio energy.

Infrastructure and Real 3/5 Star Hotels, Residential Township, Industrial Estate and Township, Commercial Complex and
estate Shopping Malls.

Construction Material Cements, AAC blocks.

Entertainment Amusement Park.

Education School and Collages.

Hospital and Healthcare Multi Specialty Hospital, Neurological Rehabilitation Centre.

 Mechanical Engg. (GIA) Self-Employment and Entrepreneurship Development(3351906) 2020

Industry/ Product/ Project

Sector

Miscellaneous Plastic Industries, Paper and Packing Industries, etc.

Reference Source:- http://www.gitco.co.in/Service