A

Summer internship project report at

FALCON PUMPS PVT.LTD.

NAME:- Dangar shital B.

CLASS:- MBA sem.:- 3

ACADEMIC YEAR:- 2021-2023

GUIDENCE BY:- DR.SANJAY BHAYANI

SUBMITTED TO:- Department of business management

Saurashtra University, rajkot

1
 DECLARATION

I, students of MBA semester:-3, department of business management, saurashtra

University, rajkot, hereby declare that the project work presented in this report

is my own work and has been carried out under supervision or guidance of

HOD dr.sanjay bhayani of department of business management, saurashtra

University, rajkot

DATE:-

PLACE:- Rajkot

Sincerely

Dangar S.B.

2
 ACKNOWLEDGEMENT

This is a golden opportunity to prepare a summer internship project

report on “ FALCON PUMS PVT.LTD.”. I am very thankful to our guide

Dr.sanjay bhayani for their valuable guidance and help for their cooperation in

making my training prospective.

I am also thankful to HR Manager mr.yogesh shiroya give me a

knowledge about HR policies and procedures.

It was a matter of great pleasure for to prepare a project on “FALCON

PUMPS PVT.LTD.” and the entire member who helped me to accomplish the

project report.

I am very thankful to Department of business management, saurashtra

University, rajkot to give me chance to get knowledge.

DATE:-

PLACE:- rajkot

SIGNATURE:-

3
4
5
 INDEX

SR. Particular Page

No. No.

COMPANY INFORMATION
1. a) company overview
b) general information about company 7
c) company mission and visions
d) company growth and development
2. FUNCTIONAL ANALYSIS
a) production department 17
b) Marketing department
c) Finance department
d) Human resource department
3. BIBLIOGRAPHY
65

4. CONCLUSION
66

6
COMPANY INFORMATION

7
 INDEX

Sir. Particular Page

No. no.

1. Company overview 9

2. General information about the company 13

3. Company mission and vision 14

4. Company growth and development 15

8
COMPANY OVERVIEW

9
 History of the company

FALCON PUMP PVT.LTD. Is a leading manufacturer of world-

class pumping solutions providing technically most advanced, excellent energy

efficient and lifelong durable pumping equipments across the globe.

Falcon a value driven organization based on the strong foundations of

Reliability, Innovation and Pioneering technology working towards the ultimate

core focus of maximizing highly delighted customers worldwide.

Established in the year 1994, Falcon Pumps Pvt. Ltd. Has emerged as

a renowned, admired and competent name amongst dealers and customers of the

submersible pumps.An energy efficient India is an idea that drives us all at

Falcon.

We equally focused towards our strong base values of reliability,

innovation And pioneering technology. Our prime objective is to become

globally most preferred Manufacturer and supplier of all kind of pumping

equipments and its solutions.

10
THE MEANING OF FALCON:-

F ~ famous in all over India

A ~ Advance in technology

L ~ Longer durable life

C ~ Concious for quality

O ~ Obedient servant

N ~ No problem in low voltage

11
 Contribution of industry in economy

The company certified with ISO 9001- 2008, manufacturing nearly

2200+ models ranging from 0.5 HP to 150 HP, in our world class

manufacturing unit, which is spread over 2,00,000 sq. ft. area. Our current

production capacity is 1000 Pump sets per day. A team of more than 500 skilled

and dedicated individuals help us translate our expertise into tangible products.

In our manufacturing set-up, our standard Tool Room area is 2000 sq ft, store

area is around 40000 sq ft, R & D Division is spread across 12000 sq. ft. area

and the service stations are spread across 5000 sq ft. Our corporate office stands

tall across 12000 sq ft of area.

12
 GENERAL INFORMATION ABOUT COMPANY
CIN
Company name:-
Registered office
Address:-
Registration
No.
Plant Address:-
Type of business:-
Date of incorporation:-
Company category :-
Company sub category :-
Company status :-
Class of company:-
Working shift:-
Name of top level person :-
Email address:-
Website:-
Contact:-
U55101GJ1997PTC032360
Falcon PUMP pvt.ltd.
SURVEY NO.39/4,VAVDI INDUSTRIAL AREA
BH.HOTEL KRISHNA PARK, GONDAL ROAD,
N.H.8B, VAVDI ,360004
32360
As above
Manufactur
19 May 1997
Company limited by shares
Non-government company
Active
Private
General shift:- 9:00 am to 7:00 pm
Break time:- 1 hour( middle)
Holiday:- Wednesday
Managing director:-Mr.dhirajlal suvagiya
Executive director:-Mr.kamalnayan sojitra
Technical director:- Mr.bhargav suvagiya
Info@falconpumps.in
WWW.falconpumps.in
Mobile -9727700566/9727700567
Website- WWW.falconpumps.in
CC – 1800 123 0000
13
COMPANY VISION AND MISSION

Vision:-
To become globally most preferred supplier of energy efficient Pumping

Equipment To be recognize as a technical leader in the world Submersible

pump industry.

Mission:-
To achieve a rank among top 3 Indian submersible pump Manufacturers by

2012 to be a NO.1 company providing entire range of Submersible pumping

solution in India by 2015 especially having Superior technology products with

highest variant in models at highly Competitive pricing.

Expanding the current distribution network worldwide by Appointing direct

countrywide channel partners in SAARC, Middle East, Gulf, Asian, European,

North & South American, and African countries. We also committed rise direct

exports up to 60 countries worldwide by 2011.

To become a most preferred employer within the segment .

14
COMPANY GROWTH AND DEVELOPMENT

Quality management:-
Quality is the ultimate differentiator. Delivering quality that matches global

requirement is not easy. But, with stringent quality policies, strong quality tests

at every level of product development, beginning with raw materials, helps us to

deliver right, every time.

Each product of ours is made with pure passion and it is this energy that offers

seamless performance irrespective of the geographical or other constraints.

Quality policy:-
We are committed to achieve customer delight through ,..

› Providing optimised quality products & ensuring prompt delivdeliver

› Developing new design and models of energy efficient pumping solutions for

domestic, agriculture and industrial sectors.

› Developing and promoting solar pump sets that use renewable energy

resources.

› Increase the manufacturing capacities by adopting latest technology.

15
› Increasing product and energy conservation awareness across client and public

domain.

› Reinforcing our brand promise and reaching newer global shores consistently.

› Developing after sales service setup across the globe and providing it in

reasonable time.

› Upgrading knowledge and skills of our human capital and broadening our

network.

Quality objectives:-
› Reduce warranty failure ratio by 2%

› Before time delivery >95%

› To develop solar pump sets and industrial pumps

› To establish 10 new after sales service setup per state

› To conduct weekly meetings with network, channel partner and with our end

users every quarter to improve our brand and product awareness.

16
 INDEX

Sir. Particular Page

No. No.

1. Product department 18

2. Marketing department 33

3. Finance department 40

4. Human resources department 51

17
 PRODUCTION DEPARTMENT

18
 INDEX

Sr. Particular Page

No No.

1. Introduction 20

2. Product process 21

3. Plant layout 27

4. Product of falcon 29

19
 INTRODUCTION
“It is the process of planning, organizing, directing and controlling the

Activities of the production function”

 This product nature is both tangible & intangible.

 This product Can be produced to inventory for „off the shelf‟ availability

and services availability achieved by keeping the productive system open

for services

 For product -Minimum contact with ultimate consumer and For services-

High contact with Clients or customers

 For product – Demand on system variable on weekly, monthly and

seasonal basis For services- Demand commonly variable on hourly, daily

and weekly basis

Falcon Pumps Pvt. Ltd., is a leading manufacturer of world-class pumping

solutions providing technically most advanced, excellent energy efficient and
lifelong durable pumping equipments across the globe.

We are the leading manufacturer and exporter of high quality best-in-class all
kind of Submersible pumps, Submersible motors, Openwell pumps, self priming
Monoblock Pumps, Water Pumps, uPVC Column pipes and Submersible Cables
& Wires.

20
 PRODUCT PROCESS
There are certain two processes in the organisation as under:

1) Inward process

1. Raw material

2. Check and verify

3. Inventory department

4. Press department

5. Winding department

6. Punching

7. Fitting

8. Testing & colour

9. Packaging

10.Despatch product

2) Outward process

1. Raw material

2. Check and verify

3. Inventory department

4. Press department

5. Outward row material from organization

21
  Inward process of motor
This Process is main process of this Product in the organisation as under:

1. Raw material:-

Raw material inter in organisation

For example, casting, forging parts,machined

components and sub assembly,s.s part,C.I.

pipe, nuts &bolts, thrust bearing

2. Check and verify:-

When raw material inter in organisation

after that raw material check and verify

by quality control department.

22
3. Inventory department:-

Inventory department have maintained

inventory to make pump, motors,

submersible pump etc..

4. Press Department:-

Everybody to set and press rotor in inner

side of body and press slide of copper on

rotor.

23
5.Winding department:-

Winding department 15 pump winding same

time by the expert workers.

6. Punching:-

Winding all rotors after that next step is

punching all rotors by punching

department

24
7.fitting:-

Every motor is prepared by winding,

punching than the motor go to fitting

8. Testing & colour:-

After this process then & then Every motor

to check & verify and to measure performance

of motors as like capacity, loading,

horsepower with ISI approved.

Then the motor go to colour department

25
9. Packaging:-

Falcon pumps Pvt. Ltd. packed it into

wooden boxes and on wooden boxes. They

write a brand name, party cash no., party

shipping name from whose send and

receiving and both the country name etc. are

written on wooden boxes.

10.Despatch product:-

In the last process of despatch of pump

set depends on order based and

marketing, advertising throughout

despatch pump.

26
 PLANT LAYOUT
Plant layout is overall arrangement of the production processes, store-

room, tool room and material handling equipment, racks and sub stores,

employee services and all other accessories required for facilitating the

production in the factory

27
  Factory area:-

A team of more than 500 skilled and dedicated individuals help us

translate our expertise into tangible products. In our manufacturing set-

up, our standard Tool Room area is 2000 sq ft, store area is around 40000

sq ft, R & D Division is spread across 12000 sq. ft. area and the service

stations are spread across 5000 sq ft. Our corporate office stands tall

across 12000 sq ft of area.

28
PRODUCT OF FALCON

 3” SUBMERSIBLE PUMPSET

• Power Range : 0.37 kW to 1.1 kW (0.50 HP to

1.5HP)

• Speed : 2880 RPM

• Version : Single Phase 160V to 230V, 50Hz, AC

Supply

• Head Range : 14 Mtr. To 96 Mtr.

• Discharge Range : 70 LPM to 15 LPM

• Outlet Size in Inch : 1.25”

29
  4”SUBMERSIBLE PUMPSET
• Power Range : 0.37 kW to 4.4 kW (0.50 HP to 6.0

HP)

• Speed : 2880 RPM

• Version : Single Phase 160V to 230V, Three Phase

350 to 415V,50Hz AC Supply.(Single Phase available

in 0.5 HP to 5 HP / Three Phase available in 1 HP to 6

HP)

• Head Range : 10 Mtr. To 340 Mtr.

• Discharge Range : 450 LPM to 12 LPM

• Outlet Size in Inch : 1.0” , 1.25”, 1.5” & 2.0”

5”SUBMERSIBLE PUMPSET

• Power Range : 2.2 kW to 9.3 kW (3 HP to 12.5HP)

• Speed : 2880 RPM

• Version : Single Phase 180V to 230V, Three Phase 350 to

415V, 50Hz AC Supply (Single Phase available in 3 HP to 5

HP)

• Head Range : 12 Mtr. To 640 Mtr.

• Discharge Range : 690 LPM to 80 LPM

• Outlet Size in Inch : 1.5” , 2.0” & 2.5”



30
 6” SUBMERSIBLE PUMPSET

• Power Range : 2.2 kW to 30 kW (3.0 HP to 40 HP)

• Speed : 2900 RPM

• Version : Single Phase 180V to 230V, Three Phase 350 to 415V,

50Hz AC Supply.

• Head Range : 12 Mtr. To 600 Mtr.

• Discharge Range : 1080 LPM to 170 LPM

• Outlet Size in Inch : 2.0”, 2.5” , & 3.0”

 7" SUBMERSIBLE PUMPSET

• Power Range : 11.2 kW to 37.3 kW (15 HP to 50 HP)

• Speed : 2880 RPM

• Version : Three Phase 350 to 415V, 50Hz AC Supply.

• Head Range : 18 Mtr. To 650 Mtr.

• Discharge Range : 1860 LPM to 55 LPM

• Outlet Size in Inch : 2.0” , 2.5” , 3.0” & 4.0”

31
 8” SUBMERSIBLE PUMPSET

• Power Range : 7.5 kW to 75 kW (10 HP to 100 HP)

• Speed : 2880 RPM

• Version : Three Phase 350 to 415V, 50Hz AC Supply.

• Head Range : 12 Mtr. To 440 Mtr.

• Discharge Range : 2400 LPM to 300 LPM

• Outlet Size in Inch : 4.0” & 5.0”

 10” SUBMERSIBLE PUMPSET

• Power Range : 55 kW to 112 kW (75 HP to 150HP)

• Speed : 2900 RPM

• Version : Three Phase 350V to 415V, 50Hz, AC Supply

• Head Range : 12 Mtr. to 300 Mtr.

• Discharge Range : 3600 LPM to 960 LPM

• Outlet Size in Inch : 4.0” and 5.0"

32
  MARKETING DEPARTMENT

INDEX

Sr. Particular Page

No. No.
1. Introduction 34

2. Promotion mix 35
3. Pricing Decision 37
4. Advertising 39

33
 Introduction
Marketing is Falcon pumps pvt.ltd‟s Function and a set of processes for

creating, communicating and delivering value to customers and for managing customer

Relationships in way that benefit the company and its stakeholders.

“Marketing is meeting or exceeding customer needs profitably”

In the early years there was less competition and FALCON PUMPS

PVT.LTD. Used to have the more market share and so the marketing was not like that of

Today. They just concentrated on the production of the product without any innovation. They

spend less on advertising and promotion. They have dealers in selected cities only. Later on

many competitors entered the market which made the company to revise their Marketing

strategy.

Today as there is competition in each and every area, so company takes any

Decision after taking competitors into Consideration Company is trying to produce More And

more innovative designed and high competitors. Now FALCON PUMPS PVT. LTD.

Concentrates on consumer Satisfaction and Consider it as their prior motive. They are

spending much on Advertising, sales Promotion, etc. They also provide after sales service to

their customers and try to maintain them.

34
 Product mix

 Introduction
“A product is a bundle of a physical service and symbolic particulars to

Yield Satisfaction of the buyer.” -Philip Kotler

Product mix is the set of all product line and items that a particular seller

Offers for the sale to buyers. It needs not consisted related products. It consists of products

Line which has certain depth, width, length and depends upon member of product group.

Production consistency of product mix refers to the question whether or not the product has

Production affinity. Good products are keys market success.

The ingredients of product mix provides for defining the company‟s product

Strategy. The company can expand business in four ways. It can add new product line. It can

Long than each product line. It can add more product variables to each product finally

Company can peruse more product line consistency or less.

35
  Types of product
Falcon pumps Pvt. Ltd. Is producing all types of water pumps their product

Mix is different types of centrifugal cold water pump & different types of pumps. Today

“FALCON” has a wide range of product for satisfied customer to choose from which is as

Follows…

o Sectoral product

o Submersible borewell pump set

o Openwell pumps

o Self priming monoblock pumps

o Centrifugal monoblock pumps

o Solar pumps

These all pump sets or main products of “FALCON”

36
 Prising Decision

1. Select the price objective

2. Determine demand

3. Estimate cost

4. Analysis competitors price mix

5. Select pricing method

6. Select final price

37
  Select the price objective:-
Price Objective is many factors to consider both Short term and Long term as

Like

 Survival

 Maximized current profit & - Maximized market share

 Maximized market skimming

 Product-quality leadership

 Determined Demand
It is based on Customer order.

 Price Sensitivity is related to change in competitive market

 Estimated demand curve

 Price Elasticity of demand is estimated 0.75%

 There will be depends on Estimated Cost decided by

falcon R & D department

 To Analyze Competitor price mix

 To Select Pricing Methods is cost plus price method

 To Select Final Price with 11,63% of sales

38
 Advertising
 Objective
Advertising is a tool, which helps to increase sales of product. It is a form

of

mass communication. Advertising can be defined as a paid form because the advertiser has to

pay for space or time in which his advertisement appears. The importance of advertising can

be understood from this one sentence.

“Nothing except the mint can make money without advertising.”

Advertising is one of the most important tools in promotion mix that a

Company can use to promote its product for the new product to introduce in to the market,

Advertising is very important. Advertising is one the common tools that companies use to

Direct persuasive communication to target buyers the public.

Advertising may be define …

“Any paid form of personal presentation and promotion of ideas, good

or

Services by an identified sponsors”

 Media selection
 Magazine for industrial goods

 News paper for commercial goods

 E TV Guajarati channel

 Reference base marketing

 Demo on Vehicles Advertising

39
  FINANCE DEPARTMENT

INDEX

Sr. Particular Page

No. No.
1. Introduction 41
2. Source of finance 42
3. Capital structure 43
4. Working capital management 45
5. Inventory management 48

6. Ratio analysis 50

40
 INTRODUCTION

Finance Department is playing a vital role in any company because with the

Help of proper financial system company can reach at desirable goal. Finance is importance

For smooth running business. Any business activity cannot perform without Finance.

Falcon Pump has start with lowest amount of investment and today company is

Held well financial position. Finance Management is the custodies of corporate fund. It has to

Financial Planning, organising and controlling the finance of company.

Finance department is managed finance with different types as like……

Sources of finance

Capital structure

Working capital management

Inventory Management and

Ratio Analysis etc

41
 SOURCE OF FINANCE
Falcon pumps pvt.ltd. Company Sources from Equity share Capital and

reserve surplus and funds are to be raised. Company required also secured loan and

unsecured loan through raised capital. Company raised fund during the year 2010 as under:

Equity share capital. Rs.980000

Reserves & surplus. Rs.97, 415,354

Secured Loan Rs.63,551,527

Unsecured Loan. Rs.14,093,222

42
 CAPITAL STRUCTURE
The Objectives of Company should be directed towards the Maximisation of The

company‟s value. Capital structure refers to the kind of share capital and long term and Short term

loan.

According to gersternberg “Capital Structure refers to the make up the

Capitalisation.”

In order to maximise the share holder‟s wealth, the financial manager should

Attempt to achieved and optimum capital structure which refers to an ideal competitive of Various

sources. The optimum capital structure could be achieved when the marginal cost of Each sources of

finance is the same. And Falcon Company has to be trying to achieving Optimum capital structure.

Capital structure

Particular Amt.
Equity share capital
9,80,000
Reserve & surplus
9,74,15,354
Secured loan
6,35,51,527
Unsecured loan
1,40,93,222

Total 17,60,40,103

43
 EBIT- EPS Analysis

Particular Amt.

Earning before interest &tax 7,87,58,316

-Interest on loan 88,50,192

Earning before tax 6,99,01,824

-tax: current tax. 2,62,35,600

Differred tax. 4,64,130 2,66,99,730

Earning after tax 4,32,02,094

-preference share dividend -

Earning available for equity shareholder 4, 32, 02,094

Earning par share = Earning available for equity shareholder

No. Of equity share

= 4,32,02,094

98000

= 440.84 Rs.

44
 WORKING CAPITAL MANAGEMENT

Working Capital management is usually concerned with the administration of all

the current assets and current liabilities. It is basically concerned with.....

 Determining the need for working capital

 Determining the optimum level of investment in various current assets

The company is required to acquire and manage efficiency the working capital

for the purpose of smooth and continuous business operation. The companies required to

unexpected expenses like cost of raw materials etc

In case adequate working capital is not available of this period, the company

Will not be in a position to sustain the sales since it may not be in a position to purchase raw

Material, pay wages & other expenses required for manufacturing the tools to be sold &

Without sale company cannot earns sufficient profit & finally it affects reputation of a

Company. So Management of working capital is necessary & primary need of the company.

45
 Falcon company’s working capital

Particular 31 March, 31 March,

2021 2022 Increase Decrease
Current assets:-
Inventory 12,44,64,879 22,39,95, 315 9,95,30,436
Sundry debtors 3,15,97,162 6,37,83,682 3,21,86,520
Cash & balance 29,49,969 15,14,994 14,34,975
Total (A) 15,90,12,010 28,92,93,991
Current liabilities:-
Current liabilities 8,48,71,667 19,51,94,557 11,03,90,822
Total (B) 8, 48, 71,667 19,51,94,557
Working capital 7,41,40,343 9,40,99,434 1,99,59,091
Change in w.c. 26,06,31,894
26,20,66,869 26,20,66,869

Concept of working capital:-

There are mainly toe concepts of working capital:

• Gross Working Capital: It refers to the firm‟s total investment in total

Current or Circulation of assets.

• Net Working Capital: It is the excess of current assets over current

Liabilities. It is that Portion of firm‟s current assets which is financed by Long-term funds.

• Working capital concept in falcon company

• Gross working capital:- 289,293,991

46
• Net working capital :- Current Assets – Current Liabilities

28,92,93,991 – 19,51,94,557

9, 40, 99,434

47
 MANAGEMENT OF INVENTORY

 Introduction:-
Inventory is most important part of current asset. An ideal inventory is

Maintained approximately 60% of current asset. Because large size of inventories maintained

By company. Inventory management is managed effective and efficiently and to avoid

Unnecessary investment.

Falcon pumps also large investment in inventory and managed effective and

efficient. Company inventory maintained Approximate 80% of current asset in 2021.

 Nature of Inventory:-
Inventories are stock of the product a company is manufacturing for sale and

Components that make up the product. The various forms in which inventories exist in a

Manufacturing company are:

• Raw Material

• Work-in-progress

• Finished goods

48
 Company maintain his stock on BIN-CARD method everyday storage

Department head issue raw material for production and when they have need raw material

They inform purchase department for purchase aspect they maintain minimum and maximum

Level. They set minimum and maximum level depend on raw materials availability and

Purchase it‟s needed. They also use computer to maintain stock.

Software n ame is T-FAT. This software is purchase from Suchan

Computer, Mumbai

49
 RATIO ANALYSIS
Ratio Analysis through to take concrete decision finance manager needs some

Analytical information. For this purpose they have used various formulas through find out

Some ratio and take concrete decision about financial management.

Find out some important ratio in Falcon Pumps Company:

No. Ratios Percentages in

2022
1. Gross profit ratio 15.73%
2. Net profit ratio 5.21%
3. Operating expenses ratio 13.24%
4. Return on investment 12.18%
5. Return on equity 53.12%
6. Earning par share 440.84Rs.
7. Coverage ratio 9.90Rs.
8. Inventory turnover 3.91 time
9. Debtors turnover 13.13 time
10. Current ratio 1.48:1

50
 This entire Ratio includes Profitability ratio, liquidity Ratio and Activity

Ratio And company determining how to necessary improvement of the company with the

compare Ideal ratio.

51
 HUMAN RESOURCE DEPARTMENT

INDEX

Sr. Particular Page

No No.

1. Objective
52
2. HR planning 53
3.
Job analysis 54
4.
Recruitment & selection 55
5.
Training 59

6. Performance appraisal 61

7. Wages and salary administration 63

8. Employee walfare activity 64

52
 OBJECTIVE
Human resource Management is a Management function involving

Procurement of suitable human resource, train and develops their competencies, motives to

The human resource in an organisation.

Human Resource is most important factor of production that is needed in an

Organisation. H R department is also taking participant in activity of the growth of the

Company.

The success or Failure of an organisation not only depends on Material,

Production capacity, Machine and equipment but also on the ability, capacity that capacity of

The personal to put their best effort for the achieving and desirable objectives.

HRM objectives….

 Social (Towards society)

 Organisation Objectives

 Functional Objectives

 Personal objectives (Towards Employees)

Falcon pumps has separate department of human resource management. The

Head of the department is Mr. Rahul Dhami. Company believes that any organisation‟s

Existence is not possible without employees/ workers.

53
 HR PLANNING

Manpower or human resource are utilised to the Maximum possible the

total Knowledge, skill, creative abilities, talents and aptitudes of an organisation‟s work force

also Managed. A Company‟s performance and resulting productivity are directly proportional

to The quantity and quality of its human resource.

Company‟s HR department is hiring people 600,1000, respectively year

2024, 2025. Plan about work is to be distributing to people in the Company. Department is

determining All HR activity as like recruitment, manpower Planning, Labour Turnover etc

54
 JOB ANALYSIS

Job analysis includes the preparation of job description and job specification. Job

analysis. Job Analysis is a procedure By which pertinent information is obtained about a Job.

USES OF JOB ANALYSIS

 JOB ANALYSIS

 Job description and job specification

 HRP

 Recruiting & selection

 Training & Development

 Job evaluation

 Performance appraisal

 Health & safety

 Induction

 Career planning

 Succession planning

 Promotion & transfer

55
 RECRUITMENT AND SELECTION

Recruitment

When management official thinks that, in the organization, requirement for the

Recruitment & fill up the vacancy, for suitable person for suitable job, to do recruitment.

Company for its better future & earn more profit than earlier, it shall fill the vacancy &

Appoint the right person in right place, by advertising on the notice board, in the magazine,

Newspaper, & from the past pending application in the organization.

The recruiting procedure of FALCON PUMPS Pvt. Ltd. Consists of three

Segments:

• Recruitment of workers

• Recruitment of Exclusives and Managerial Staff

• Recruitment o f Technical Personnel

 Sources of recruitment

Sources of the recruitment for FALCON PUMPS PVT. LTD.

 Internal sources

 External sources

56
1.Internal Sources

-Improve employee morale

-Promotes loyalty among the employee.

-Require less training, so the training cost will be minimize.

-It is less costly than going outside to recruit.

-Present employee understands local language, customs and business practices Well.

In the internal recruitment is done by the reference of the internal member of The

organization. With the help of the internal advertisement within the company, company Gets

enough references for the recruitment.

2. External sources

Many of the organization are depends on the external sources for the

Recruitment. New entrants to the labour force i.e. young, mostly inexperienced potential

Employee the college students. The unemployed with a wide range of skills and abilities. In

order to sustain the existence of the organization in the competitive business World, the

effective and resultant manpower is of utmost importance and therefore a sound Recruitment

and placement policy enriches the foundation for employee morale and healthy Industrial

relation and hence the right person at right person at right time and congenial Growth

environment within the organization. The main strategy of the recruitment of the Employee is

based on the recruitment requirements of the different departments

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  Selection

FALCON PUMPS PVT. LTD. Recruitment and selection procedure for blue

Collar force is as per the labour laws. For the recruitment of labour in the co. it is essential

That he should acquire the certificate of ITI examination.

Workers are selected by the concern supervisor and the asst. personnel Manager.

Physical fitness, attitude for work, etc. are considered at the time selection.

With reference to the method, the FALCON PUMPS PVT LTD. Use the Indirect

method more frequently for the recruitment of its employees. Sometimes the FALCON

PUMPS PVT LTD. Also uses the third party method at the time of selection of High level

personal like general manager, and vice president.

Document to be collected at the time of joining.

• Copies of education /professional qualification.

• Experience certificate

• Relieving letter from the previous employer.

• Certificate in support of data of birth.

• 4 passport size photograph

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Process of selection:-
Falcon pumps have adopted the various methods of selecting the essential

workers in the organisation. One of the, those methods is to call the candidates

for personal interview to know his basic knowledge, attitudes regarding the job

and some other basic testing. For that, company has a selection committee to

select a suitable candidate for the job. Selection for the managerial level post

it‟s based on education qualification as well as practical knowledge & skill. For

worker, it‟s based on experience & Seniority

1. Receive application

2. Short listing

3. Preliminary interview taken by HR manager

4. Short listing

5. Final interview taken by specific department head

6. Final selection

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 TRAINING
Training means “Any process by which the aptitude, skill, ability of a person to

perform a specific job can increase.”

Training is the act of increasing knowledge & skill of employee for doing a

particular job.”. - Flippo

 Method of training

1. On the job training

2. Off the job training

1. On the job training:-

This training mostly provided to the workers who are working on the

Machine. Here, Head of the department provides training to the workers and also

solve The problem faced by them.

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 2. Off the job training:-
Here, Falcon arrange different seminar for worker and higher level staff

or

Invite knowledgeable trainee from outside to provide training in classroom. With use of

Above training method falcon get following benefits.

 To improves Efficiency.

 To achieve higher Productivity.

 To reduce supervision time.

 To prevention from accident to make healthy environment.

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 PERFORMANCE APPRAISAL
Performance Appraisal is a systematic, periodic and impartial rating

of

employee‟s excellence in matters pertaining to his present job and to his

potentialities for an enhanced job.”

It is a process of obtaining, analyzing & recording information about

the Relative worth of an employee. Performance Appraisal evaluation the

performance of Employees by qualitative factors such as quantity of output and

rejected output, standard of Worked….

Performance Appraisal in Falcon

Company has adopted performance appraisal system in an Organization. It Helps

company to

 To assist in determining promotion and transfer policies.

 To improve job performance & identify potentialities for other work.

 To help in proper placement of workers.

 To reduce grievances among employees.

 To identify work area & needs for further training of employees.

 To develop positive relation in between employees and high authority.

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 Falcon do employees evaluation after gape of specific time for that they are

Prepare some performance appraisal form & on the basis of that form that come to conclude

Of employees and workers. This Performance Appraisal Report is prepared by HR Manager.

They are filled-up two types of forms. First one is Appraisal Report and second Is Personal

Report.

After evaluating all the form, they are given criteria to particular Employees

and workers. They are gives Grading like Outstanding, Very Good, Good, Average and

Below Average etc…

Both the Sample of Appraisal Forms is attaches also.

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 WAGES & SALARY ADMINISTRATION

 Wage and Salary in Falcon

In the company, wages & salary are determined based on job analysis

and

As per government rules and regulations. Company also considers market

prevailing wage Rate and inflation rate. As per my consideration, all the

employs as well as workers are Satisfied with company.

There are so many methods of wages payment. Company follows Time

Wage System for payment.

 Method of payment

Salary of Workers Rs.500 to 700 per day

Salary of administration Staff Rs.15000 to 18000 per month

Salary of Managerial Staff. Rs.20000 to 35000 per month

 Wages services to Employees.

Company provides 12% provident fund.

Company also gives 20% bonus at the time of Diwali.

Company also gives Leave Encashment and that depend on companies Policy.

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 EMPLOYEE WALFARE ACTIVITY
The human resource is so much important because it is the asset of company

And has good staff of employees therefore it can get the competitive edge. Employee will

Work hard only when the employee are treated properly and taken care by the Management.

The employee has the feeling, so organization should consider their feeling And do well thing

for them. If organization try to do well thing for the employee, they Will feel that

organization care of them and they will work with full enthuse. That is why The employee

welfare program is developed. Employee welfare means doing well for the Workers.

Employee Welfare in Falcon

 Safety and cleanliness of work place.

 Control of temperature, humidity, ventilation lightening, and elimination of dust,

smoke, Fumes, and gases at workshop area.

 Not allowed any body without permission.

 Residence facilities for worker only.

 Convenience and comfort seating arrangement.

 Falcon also provides morning and evening tea with breakfast to all employees.

 Worker safety measurement like proper machinery maintenance, proving safety

Equipment.

 Gives 20% bonus on salary at every Diwali festival.

 Gives loan to any employee for short time in difficulty period.

 Sometimes, education provided to worker‟s child all expense bear by falcon.

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 Company website :-

• www.Falconpumps.in

• www.falconsubmersible.in.co.

 Google (search engine)

 Guide by HR manager (Mr. Yogesh shiroya)

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 CONCLUSION
Concluding my summer internship, I learn a lot of new thing,

Falcon is wroth to is responsibility. It hase done a great job in fulfilling a needs of farmers,

and all over India. The government of Gujarat hase certified FALCON PUMP as “ Energy

efficient pump set” and giving 70% subsidy to the farmer on purchasing the FALCON

PUMP.

Falcon main strength is their workers coordination with higher level staff.

Hence, at the end we can say falcon is fast growing company specially at national level and

future of company is quite bright.

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