1.

1 Introduction

It is a company started by the founder of Span Auto tech. Autovea Commenced its
operations in 1990, India.

AUTO-the product is used in auto mobiles only

VEA-It represent vehicle

The product used is METAL and PLASTIC so it is metal plast

With an employee strength of around 100-150 well experienced members, we manufacture

sheet metal pressed and fabricated components with the latest technical knowhow. We are
fully equipped & complete solution provider for sheet metal Components manufacturing.
We are fully equipped with Power the turnover of the company for the year is 7cr. And
also, the most sheet metal plate, Suspension Bearing production industry in the city.

Press (range of 5 Ton to 200 Tons) along with tool room, welding Shop, machine shop,
standard room, paint shop and Assembly shop. Being an ISO/TS certified company,it gives
the utmost satisfaction by providing the quality delivery in time at competitive rateto the
customer. We have broadened our horizon by focusing on quality delivery and solutions
approach. By taking this approach, with our technical sound team,

we are renovating the level of flexibility and ability to challenging our own design to give
our customer what we promised. In the space of created sheet metal parts and esteem
included gatherings, we are a favoreddecision provider of a large number of our customers.
The vast majority of our customers are with us since our initiation. The client driven
methodology has put us at the peak of progress. Today, we are included among some
conspicuous names the business attributable to our straightforward business dealings and
financially savvy items. We get our items altogether checked at producer's premises.

1
The foundation of our association is the group of productive and attentive experts. These
experts are tirelessly endeavoring to meet the coveted targets. Without the steadfast help
of advertising experts, it would have not been feasible for us to cover a gigantic market the
country over. With an intend to sharpen the information and expertise of colleagues, we
compose mechanical visits for them on customary premise.

Autovea metal Plast is committed to self-reliance and follows an ethic that views customer
satisfaction as index of achievement Over the years the company has expanded and
diversified its business proto folio. It has developed into a multi-product. The company
produces the products which is used as a part of gear box for vehicle like cars and buses
Autovea metal plast also have another plant which is located in the Mysuru Hootgalli.

Where they produce the metal which is useful for the meter reading purpose. They produce
the metal according to the size of the meter like two phase or three phase meter reading
box. Autovea metal plast have this belief that has led the business to build long-term
relationships. Ensuring a positive customer experience making available goods or services
that are of top-notch quality is given prime importance.

Business activities is a seamless process for small and medium enterprises as well as large
business. In a wake to enable this business to reach their audience. this portal lets them
showcase their offerings in terms of the products or services through a digital catalogue.

This business has a wide range of product offerings and the product catalogue list includes
AISI steel ball, bearing, injection molding, plastic injection molding, component, plastic
ball bearing. Etc.

2
Autovea establishment is functional on all the 7days of the week presently more than
3products are listed among different product categories on trade india.com

Autovea metal plast is an ISO 9001:2000 certified corporation. As per the customer request
they provide a product sample for their customers.

We also importing the finish components like Aluminum/Plating/Powder coating. we also

cater to the sub assembly and assembly of electro mechanical parts.Their business type is
they are exporter manufacturer and supplier.

1.2. Category wise Market Segmentation

The market has been segmented by product category in the following manner.

• Tractors

• LCV

• Truck & Bus

• Passenger cars

• Two Wheelers

Two Wheelers is the biggest market segment followed by Passenger cars and Truck & Bus.
Although Tractors and LCV are quite old market segments but they are not very big in size.
OTR (Off the Road) has been discovered as the new niche segment.

It is very interesting to note that there are many manufacturers who are in all the product
categories but yet there is clear demarcation in the product line. Only MRF managers to
perform equally well in the three major segments.

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1.3 Historical performance of bearing and metal plate

Bearings are part of our everyday life. It would be incredibly difficult to picture themodern
world without them, especially in the industrial age.

Any machine you can think of that involves motion in some way utilizes bearings to reduce
friction and smooth its path. These vital pieces of technology did not appear overnight
when the creation of metal machines began. In fact, bearings have a long historyof use that
goes back to the stone age.

Since bearings are vital to your customers' needs, it’s important to have a comprehensive
understanding of how bearings were created and how they have evolved to provide us with
the modern-day solution for various loads and jobs.

At Bearing & Drive Systems, we know that the worry of providing inferior products to
your customers is real, but it doesn't have to be.

We're committed to providing solutions that help you find the authentic bearing & PT
products that your customers need now.

Anubhav Udyog as a company are the Manufacturers and Exporters of Precision sheet
metal parts from Non-ferrous sheets and Ferrous sheets. In 1991, we emerged with a
mission to provide products and services of highest value to our deemed customers. We
have facilities for pre-treatment and imparting the finish to components like Aluminum
Chrome treatment for Aluminum/Plating/Powder coating. We also cater to the sub
assembly and assembly of electro-mechanical parts

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1.4 Analysis of the Industry

The five-force analysis of the industry reveals the following facts.

Bargaining power of Buyers – The Industry has more than 63 manufacturers which gives
the buyers a wide range of choice. also, the market is fragmented so Manufacturer
penetration is quite less. This gives high bargaining powers to the buyers.

Bargaining power of Suppliers – As the industry is highly Raw Material driven where the
main raw material is natural rubber. The production of rubber doesn’t increase proportional
to its demand and hence the bargaining power of suppliers is very high.

Competitive Rivalry – While the number of players in the industry is 40, the market share
seems to be quite concentrated at the hands of the top 10 players. also, in each product
category like two-wheeler, T&B, etc., the market share of lead players approximates to
80%.

Availability of Substitutes – The major concern for the Indian manufacturers is the price
of the bearing in the overseas market like China. The price of plastic is the driving factor
for price and when it increases in the domestic market, the Indian manufacturers are bound
to increase the price.

Entry Barriers – The industry is highly capital intensive and margins are very low. This
makes it difficult to sustain for new entrants. Automobile makers although resort to
backward integration.

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6
Bearings are machine elements that allow components to move with respect to each other.

There are two types of bearings: contact and non-contact. Contact-type bearings have
mechanical contact with equipment, which includes sliding, rolling, or flexural bearings.

Non-contact bearings include liquid, air, mixed-phase, and magnetic bearings. The lack of
mechanical contact eliminates static friction.

A bearing is a machine element that constrains relative motion to only the desired motion
and reduces friction between moving parts.

The design of the bearing may, for example, provide for free linear movement of the
moving part or for free rotation around a fixed axis; or, it may prevent a motion by
controlling the vectors of normal forces that bear on the moving parts.

Most bearings facilitate the desired motion by minimizing friction. Bearings are classified
broadly according to the type of operation, the motions allowed, or the directions of the
loads (forces) applied to the parts.

How Does a Bearing Work

Bearings reduce friction by providing smooth metal balls or rollers, and a smooth inner and
outer metal surface for the balls to roll against. These balls or rollers “bear” the load,
allowing the device to work smoothly.

The bearing makes many of the machines we use every day possible. Without bearings, we
would constantly be replacing parts that wear out from friction. Objects roll more easily
than they slide. The wheels on your car are like big bearings. If you had something like
skis instead of wheels, your car would be much more difficult to push down the

The wheel bearings are located at the outer part of each suspension, behind the brake disc
and the wheel hub. Some wheel bearings are pressed into the wheel hub and can be

7
impossible to see without removing the brake disc and the wheel hub, while others are
installed as a whole hub with bolts. This makes it easier to see the wheel bearing

Car suspension systems are in constant use during driving and require robust solutions to
improve performance and minimize cost.

The Macpherson strut is an established type of automotive suspension system, which is

applied widely in modern vehicles. It requires robust, reliable bearings and seals to
maintain performance. Our MacPherson strut bearings and shock absorber seals help to
achieve this.
The design enables a coil spring or complete suspension to rotate during steering with low,
constant-friction torque. At the same time, it allows spring rotation during normal
suspension movements, and transmits suspension loads to chassis. Each bearing has been
designed for a specific application in terms of load, housing geometry and protection from
the environment.

Wheel bearings are an essential part of your vehicle's steering and suspension system.
Wheel bearings are responsible for keeping the wheels attached to the vehicle. They allow
each wheel to spin freely and at the desired speed. Wheel bearings take a steady amount of
abuse. They support the entire weight of your vehicle while traveling over rough roads,
potholes and other rugged terrain. Wheel bearings are one of the longest lasting steering
and suspension parts, but it really depends on driving habits, driving conditions and other
factors.

If a wheel bearing becomes worn out or damaged, it can affect the wheel's ability to rotate
smoothly, independently and securely. This can lead to unsafe driving conditions and is
something that should be addressed immediately. Some wheel bearings are equipped with
ABS or speed sensors. If a bearing is worn or damaged, the ABS system may not work
properly, also affecting the safety of a vehicle. A worn wheel bearing can disturb the
alignment of the vehicle creating additional issues with tires and other suspension parts
over time

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Grinding, squealing, or unusual noise from your wheels when you drive

The most common and often most identifiable symptom associated with a bad wheel
bearing is noise coming from the wheel or tire area of the moving vehicle. If you listen
closely, you are likely to hear grinding, grating, or whirring that gets louder as the vehicle
accelerates. It's not a common occurrence, so the noise may be misinterpreted as something
else. A bearing can be worn and not make noise, and a bearing can make noise and not be
worn. Unusual noise is not the only indicator of a worn wheel bearing.

Steering wheel feels loose or rattles when you drive the car

As a wheel bearing begins to wear down, it becomes loose inside the wheel hub and spindle.
This wear makes your vehicle feel loose or shaky while steering. If you experience this
type of steering or handling, it's definitely something to address promptly.

If a wheel bearing is locked up, the wheel will not easily move forward

When the seal on a wheel bearing is compromised, the noise you may be hearing becomes
louder over time. Seals are critical components for the longevity of a bearing. If air, dust,
salt, sand, etc. get inside, they can contaminate the lubricants and other components. Once
this occurs, it can break down the lubricants and other components causing friction. If a
bearing gets really hot, cages and seals could be deformed and lead to bearing lock-up.
This may feel like the parking brake has been applied and you may notice resistance when
you accelerate. You'll want to have this checked out immediately

Wheel bearing replacement is not a common occurrence, so the warning signs may be
challenging to identify. It may seem like the brakes are grinding or the alignment is off
which is pulling the car to one side. In all of these instances, it's best to let a certified
technician properly evaluate the root cause.

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Early detection and properly resolving the issue can save time, money and
aggravation in the long run.

What causes Wheel Bearings to go bad

Wheel bearings can generally last for a long time; however much of this depends on driving
habits, type of vehicle, driving conditions and other external factors. Driving on rugged
terrain or hitting potholes and curbs can all contribute to wearing down wheel bearings. If
the seals of the bearings are compromised – air, dust, salt, sand and other contaminates can
get inside to corrode or damage parts. Once this occurs, it can break down the lubricants
and other components causing friction. If a bearing gets really hot, cages and seals could
be deformed and lead to bearing lock-up. This may feel like the parking brake has been
applied. You may notice resistance in trying to accelerate.

When should I have Wheel Bearings replaced

Wheel bearings should last for quite a while. If your car is operating fine, you may want to
have the wheel bearings inspected about every 30,000 miles. Otherwise, if you notice any
of the warning signs listed above, you should have your vehicle examined promptly. A
certified

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 Address

AUTOVEA METALPLAST
Hootgalli Industrial Area, K-64.
Mysuru, Karnataka.5700018.

2.1 Background
Autovea metalplast is a private limited company in Mysore hootgalli.
Autovea metalplast was established in 1991. MR ANUBHAV RASTOGI is the director
of the Autovea metal plast. The company decided to undertake manufacture activities.
Autovea metalplast is the flagship company under the umbrella of automotive excel.

Autovea metalplast is committed to self-reliance and follows an ethic that views customer
satisfaction as a n index of achievement.

Over the years the company has expanded and diversified its business portfolio. It has
developed into a multi-product. The company produces the products which is used as a part
of gear box for vehicles like cars and buses.

Autovea metalplast also have another plant which is located in the Mysore hootgalli.

Where they produce the metal which is useful for the meter reading purpose. They produce
the metal according to the size of the meter like two phase or three phase meter reading
box.

Autovea metalplast have this belief that has led the business to build long-term
relationships. Ensuring a positive customer experience making available goods or services
that are of top-notch quality is given prime importance.

India’s leading B2B market place. JD mart ensures engaging in business activities is a
seamless process for small and medium enterprises as well as large business. In a wake to
enable this business to reach their audience. this portal lets them showcase their offerings
in terms of the products or services through a digital catalogue.

This business has a wide range of product offerings and the product catalogue list includes
AISI steel ball, bearing, injection molding, plastic injection molding, component, plastic
ball bearing etc.
11
2.1.1 Nature of Business

Autovea metalplast metals and tools manufacturing company based on the automotive
excess. Mysore

Autovea establishment is functional on all the 7days of the week presently more than
3products are listed among different product categories on trade india.com

Autovea metal plast is an ISO 9001:2000 certified corporation. As per the customer request
they provide a product sample for their customers.

We also importing the finish components like Aluminum/Plating/Powder coating. we also

cater to the sub assembly and assembly of electro mechanical parts.

Their business type is they are exporter manufacturer and supplier.

2.1.2 Today Autovea Metalplast

1) It is the leading manufacturer of metal parts for both cars and trucks.

2) Got ISO 9001 certificate.

3) Autovea metalplast has 7crores turnover.

4) with more than 50+ workers.

5) producing suspension bearings for luxury cars like Volvo and Skoda.

2.2 VISION AND MISSION AND QUALITY POLICY

VISION

Be a world class quality suppliers of cost competitive products.

Retain leadership in Indian market.

Enhance exports business with various automobile companies.

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MISSION

NO 1 Metal plast manufacturer in India.

Motivated and committed team for excellence in performance.

Be a green company

Delivery enhanced value to all stakeholders

To contribute long term business goals

2.2.3 QUALITY POLICY

ISO (International organization for standardization)

The company is certified under

ISO 9001,

ISO 2015

certifications for design manufacture and sale of metal plast.

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2.3 PRODUCTS AND SERVICE PROFILE

2.3.1 PRODUCTS

The Autovea metal plast produces the part of metals which are essential for the Indian
automotive industry. The produce metal plastic designed plates and sheet metals which are
used for the meter box.

The company produces the bearings and suspension bearing which are required in the
vehicles like cars mini buses and for trucks.

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a) Bearings

The company produces the bearing with different sizes or with the various form like
2mm,4mm. These bearings are used in the vehicles like cars, trucks, buses for their wheel
bearing, suspension bearing as well as for the gear box bearing.

b) Cars Bearings
The cars segment accounted that it is one of the companies which produces bearings for
both the small segment cars as well as the high-end cars. They also produce bearings for
luxury cars like Volvo and Skoda.

c) Heavy vehicles bearing

The company produces the bearings for the heavy vehicles like trucks and buses. It may be
a wheel bearing or might be a suspension bearing. They produce the heavy vehicles bearing
with an extra size compared to the bearing they prepare for cars.

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 They have 63 different types of bearings. they done the bearings on 4 parts majorly like

1) Top

2) Bottom

3) Inside the cag

4) On the balls

a) Meter Box Plates

They produce the metal plates which are used for the meter box display assembly. They
use to done this work through the process of surface grinding machine. Which is used for
flatness, rectangle and shape designing. The meter box plates will be used in the meter
boxes like two-phase meters and three phase meter boxes, where the metal plates play the
major role in holding the meter box displays.

Since it’s a new product there is no marketing inside India. So there are threemanufactures
in the world

1. China
2. FAG -Canada
3. Mysore India.

2.5 OWNERSHIP PATTERN AND COMPETATORS

This is family-owned company and it is a partnership between
Rakesh Rastogi
Asha Rastogi
Anubhav Rastogi.
So, since it is a partnership company there is no public marketing shares.

COMPETATIORS
The competitors for the Autovea are from chines company

The major competitors are

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1) Harbin bearing group company

HRB bearings are one of the three major bearing production bases in China. From 2007 to
the present, after restricting and reorganization, separation of main amend auxiliary, HRB
bearings currently have 3388 main production equipment, A bearing product system with
more than 7000 specifications and varieties of ten major types.

2) Wafangdian bearing group company

The company founded in 1938. It is the birthplace of China’s bearing industry and ranks
eighth in the world bearing industry. ZWZ’s leading products are supporting bearings for
the major technical equipment.

2.6 CUSTOMER / CLIENT INFORMATION

In a competitive market place where business compete for customers, customers

satisfaction is seen as a key differentiator and increasingly has become a key element of
business strategy.

Organizations are increasingly interested in retaining existing customers while targeting

non-customers measuring customer satisfaction provides an indication of how successful
the organization is at providing products and /or services to the marketplace. Customer
satisfaction is an ambiguous and abstract concept and the actual manifestation of the state
of satisfaction will vary from person to person and product/services to product/services.
The state of satisfaction depends on a number of both psychological and physical variables
which correlate with satisfaction behavior such as return and recommend rate. The level of
satisfaction can also vary depending on other options the customer may have and other
products against which the customer can compare the organizations products

Organization is increasingly interested in retaining existing customers while targeting non

customers, measuring customer satisfaction provides an indication of how successful the
organization is at providing products and /or services to the marketplace. Customer

17
 satisfaction is an ambiguous and abstract concept and the actual manifestation of the state
of satisfaction will vary from person to person and product/services to product/services

2.7 ACHIEVEMENT / AWARDS

• Certified to ISO 2000, ISO 9001.
• Udyog Patra Award.
• Priya Darshini Indra Gandhi award for out sending services.
• Sir Visvesvaraya Award for technical department.

2.8 INFRASTRUCTURE FACILITIES AND WORKFLOW MODEL

2.8.1 Infrastructure facilities

• Canteen facilities for the employees

• Safety and hospitality
• Voluntary retirement
• Accidental insurance scheme
• First aid appliances
• Prohibition of overlapping shift

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2.8.2 WORKFLOW MODEL
A bearing is attached to the gear box assembly as well as the wheel bearing and steering
bearing for a vehicle, the attached bearing provides a easy movement for the vehicles.

The other product of Autovea metal plast is the metal plastic sheet. Which is used in the
meter box. This plastic sheet will be shaped according to the need and placed inside the
meter box. Which helps to hold the display of the meter box.

THE METAL SHEET MANUFACTURING PROCESS

1) Aluminum metal sheet

Aluminum is a chemical element with the symbol AI and atomic number 13.
The aluminum metal bundle will first go through the Wire Electro Discharge
Machine. Aluminum is a very desirable metal because it is more malleable and elastic than
steel. Aluminum can go places and create shapes that steel cannot, often forming deeper or
more intricate spinning’s. Especially for parts with deep and straight walls, aluminum is
the material of choice.
Chemically, aluminum is a post-transition metal in the boron group, as is common for the
group, aluminum forms compounds primarily in the oxidation state.

The discovery of aluminum was announced in 1825 by Danish physicist. The firstindustrial
production of aluminum was initiated by French chemist Henri Etienne sainte Claire
Deville in 1856.

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2) Wire Electronic Discharge Machine
Wire electronic discharge machine is an electro thermal production process where a thin
single strand metal wire along with de-ionized water allows the wire to cut through metal
by the use of heat from electrical sparks, while preventing rust.

3) Surface Grinding Machine

Surface grinding is used to produce a smooth finish on flat surfaces. It is a widely used
abrasive machining process in which used abrasive machining process in which a

20
spinning wheel covered in rough particulars cuts chips of metallic or nonmetallic substance
from work-piece, making a face of it flat or smooth.

4) Milling Machine
Milling machine are a type of machinery for removing material from a workpiece
using rotary cutters. These machines can drill, bore, and cut an array of materials.

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5) PRESS OPERATION
After the wire electron machines work completed the metals will be made into smallmetal
pieces and then the operation for that small metal pieces begins with press operation.
Press operation is also known as a forming press, A machine press is a tool used in the
manufacturing industry to deform a workpiece under high pressure.

After the press operation the metal sheet will be designed according to the need of the
product. Then the product will be re-checked and stored in the boxes and sent to the
customers.

BEARING MANUFACTURING PROCESS

The company produces the bearing with different sizes or with the various form like 2mm,
4mm.These bearings are used in the vehicles like cars, trucks, buses for their wheel bearing,
suspension bearing as well as for the gear box bearing.

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1) Forming operation

The first step is the forming of rubber with a suitable size for assigning the balls inside the
bearing. This will lead to the assemble of rubber in a round shape, which is donethrough the
heating of rubber and joining the edges and molding it to perfect shape.

2) Center hole pressing

The center of the bearing will be pressed using the high force of the machines, then the
bearing product will come into an shape so that the balls can be placed inside perfectly

3) Blanking and Trimming

Blanking is commonly used to mass produce components for industries such as aerospace
and automobile manufacturing. It’s also used for high volume fabrication of parts.
Trimming refer to the clipping, paring, pruning etc. to trim a hedge to remove something
dispensable.
There is another product production will be taking place in the company called Nylon 6
plastic product, which is used in the assemble of the bearings.

INJECTION MOLDING MACHINE

An injection molding machine also known as an injection press, is a machine for

manufacturing plastic products by the injection molding process. It consists of two main
parts, an injection unit and a clamping unit.

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Injection Molding Machine is used to make a range of widely used products, including
common plastic items like remote control casing.

Process: - Injection molding is a forming process using molds. Materials such as synthetic
resins are heated and melted, and then sent to the mold where they are cooled to form the
designed shape. Due to the resemblance to the process of injection molding.

Inspection and Finishing

Finishing operations and inspection remain to be performed before the bearings and metal
stored or shipped. The finishing operation trims flash or excess of rubber or plastic from
the product. This contributes to respiratory illness in workers in the finishing area.

2.9 FUTURE GROWTH AND ASPECTS

According to an industry report the domestic automobile industry. The industry (including
component manufacturing) is expected to grow at a compounded annual growth rate of
5.9%, thereby becoming the fastest growing industry in the country as per the report. While
there have been some headwinds like Kerala floods, tightened financing, insurance related
regulatory changes impacting four-wheeler demand, rising fuel and interest costs, among
others, the YTD (year-to-date) sales growth across, most segments have been robust

24
leading to healthy OE bearing demand growth. Bearing demand especially in the truck and
bus segment, too has recovered sharply in the last one year supported by post-effects of
goods and service tax (GST), pick-up in infrastructure activities, and healthy consumption
driven demand, both in terms of quality and pricing, 1cr stated.

• To be a customer obsessed company

• High quality of products

• Profit maximizes

2.10 ANALYSIS OF FINANCIAL STATEMENT

The company is profit making from the beginning there is no financial irregularities no
liabilities. In financial accounting, a cash flow statement, also known as statement of cash
flows, is a financial statement that shows how changes in balance sheet accounts and
income affect cash and cash equivalents, and breaks the analysis down to operating,
investing, and financing activities. Essentially, the cash flow statement is concerned with
the flow of cash in and out of the business. As an analytical tool, the statement of cash
flows is useful in determining the short-term viability of a company, particularly its ability
to pay bills. International Accounting Standard 7 (IAS 7) is the International Accounting
Standard that deals with cash flow statements

The company is profit making from the beginning there is no financial irregularities and
no liabilities

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ORGANIZATIONAL CHARTS

FINANCE PRODUCTION
DEPARTMENT AND HR
DEPARTMENT

MARKETING
DEPARTMENT

SUPERVISOR SUPERVISOR

SUPERVISOR

WORKMEN

3.1 ORGANIZATIONAL DEPARTMENT

Organization structure plays an important role in reaching a goal co-operation between the
various departments in an organization plays a vital role in smooth flow of works. The
organization structure must not be planned in such a way, which way give scope for failure
in this company there are different department headed by their respectivemanagers who
look after functioning of development and also help in co-coordinating theactivities of
various departments.

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3.2FUNCTIONAL DEPARTMENT ANALYSIS

In order to achieve the objective of the company the organization is divided in the
departments. Depart mentation is necessary to have a good span of control and also to
increase efficiency as well as effectiveness. In this, persons during same kind of
work/dealing with a common task or using same final of machine are put under single
departments. Thus, the total work is divided among people working in various departments.
The management integrates their effort, so that their efforts are directed towards a common
objective.

The various departments of Autovea Metal plast

• Production department

• Quality assurance department

• Human resource department

• Stores Department

• Marketing department

• Financial department

• Purchase department

• Engineering department

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3.1.1 Production department

Production department Heads

Assistants

Workers

CEO plays vital role in production planning. He is the person who takes decisions
regarding production activities. He takes decisions regarding what to produce how to
produce how much to produce.

Functions of Production Department

a) Identifying Inputs:
Autovea determines the quantity or volume of goods that should be produced within a
certain time frame and passes the information to the production department. To meet
production targets, the department establishes the quantity of raw materials and types of
machinery and equipment required to achieve the desired output level, and may collaborate
with the purchasing department to source the inputs. If there isn't sufficient manpower to
support productions process, the production department asks the firm to hire more
personnel.

b) Scheduling Production:
With the inputs ready, the production department schedules production processes. This
involves planning the tasks to be completed along the production line andallocating the
tasks to various production workers.

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c) Minimizing Production Costs:

The production department is tasked with finding effective ways to lower production costs.
One simple way to do this is to keep the production machinery and equipment well-
maintained so the firm does not regularly incur repair costs. Along with advising the
business to adopt never technologies, the department can also assess the production line to
identify opportunities for cost reduction.

d) Quality Assurance Check

Autovea Metal plast production department must ensure finished goods meet minimum
quality standards. Apart from checking all products for faults as they move through the
production process, the department must perform rigorous tests on prototypes for new
products to ensure they meet quality benchmarks before undergoing mass production.
Techniques such as waste elimination and process standardization also help toensure and
improve product quality.

d) Improve Existing Products:

From time to time, the production department will furnish the research and development
department with information it can use to improve existing products.

3.1.2 QUALITY CONTROL DEPARTMENT

Quality Checking Head

Quality Checking Manager

Quality Services Manager

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Quality control is maintained by the company’s top authorities in order to achieve best
quality. Several activities are needed to be performed there must be check and control of
input of raw materials and the output. In Autovea has separate department to carry out all
quality control functions.

Functions of quality control department

• Control of engineering quality:

Autovea CEO assists in evaluation of customer’s requirement to arrive at a clear
understanding of the product quality objectives. After evaluating the customers
requirement and the design proof test for the conformance of quality of product. The design
documents should be assuring all drawing and specification are correctly used according
to the collected information.

• Control quality of raw materials purchase:

Autovea purchase raw materials from approved suppliers only. Inventory is maintained for
a period of 10 days; suppliers are evaluated half yearly for their consistencyin sullies and
consistency in delivering quality product to the company. If he doesn’t matchthe criteria
then corrective action is taken and he is informed for their lapses that are occurring and if
he does not correct then another supplier is taken for consideration based on the supply
capacity and consistency.

a) Scheduling:

Scheduling is done to avoid bottlenecks in production like overloading the machinery or

the workmen. after the loading it involves the assignment of starting and completion time
for various operation to be performed. It involves the preparation of timetable which would
indicate the total time needed for manufacturing of a product and machines it concerned
with when shall be done scheduling process covers all aspects of the timetabling of
production.

30
b) Dispatching:

In this function, dispatches of the finished goods are made as per the delivery
schedule per the purchase order need from the customer.

c) Progressing/follow up:

Follow up is the last function which managing representative ensures that the work is
carried out as planned or follow up activity is done to examine whether work is going on
as per the plan and if any variation is found a corrective action or preventive action is taken
to ensure that any kind of deviation is from the plan does not happen.

d) Controlling of manufacturing quality:

The output in every stage of production is monitored for process and product quality. Only
after the approval by the quality control personnel the output product goes to the nextstage
of production. If the product does not meet the quality properties the product is identified
and kept separately for corrective action. Satisfaction assessments are done halfyearly and
repeat orders from customers indicate high degree of satisfaction.

Certificate of Quality
• ISO 9001
• ISO 2015

3.1.3 Human resource department

President and Director

Deputy Manager

Officer

31
Managing representative maintains and takes decisions of the human resource department.
The management gives value to the suggestions of employees and if they are helpful to the
organization it is implemented. This encourages employee’s proactive participation for the
betterment of the organization.

Functions of Human Resources Department:

a) Ensure Compliance with Labour Laws

One of the chief duties of the human resources department of the company. To ensurethe
business operates in compliance with all labour laws. The department has to know and
comply with that state’s particular set of rules employment regulations. This includes such
issues as the number of breaks given per number of hours worked and the number of hours
and the age in which an individual can become employed.

Recruitment and Training

Recruiting and training new employees are primary responsibilities of the human resources
team. This part of the job often entails advertising open positions, interviewing and hiring
candidates and setting aside hours devoted to training the new recruits. The human
resources department often publishes training materials including handbooks detailing all
aspects of the job.

a) Record Keeping and Tax Compliance

The HR office is in charge of record keeping for the business. According to the IRS, your
company should keep records regarding income, expenses, purchases and a summary of
business transactions. The human resources department should also, of course, maintain
employee’s records including their individual tax forms. The company’s businesslicense,
inventory statistics, insurance records and all other pertinent business information should
also be on file.

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b) Payroll and Benefits

The dispensation of payroll comes under the responsibilities of the human resourceoffice.
While payroll often exists as a separate division in large companies, in small businesses, it
is generally handled by a small human resources staff. Health care benefits are also handled
by the human resource department.

c) Employer-Employee Relations

Another key function of the HR department is the managing of employee relations.When

there is a dispute or misunderstanding between employees or between employees and a
manager, it is the human resource officers who mediate the situation. Employees are
encouraged to bring relational problems to the attention of the human resources staff for
resolution

d) Employee Performance Improvement Plans

The human resources department is often instrumental in setting up performance

improvement plans commonly called PIPs. In general, these are written proposals designed
to help struggling employees improve their work to raise it to a certain expectation level of
the company. The PIP may include a description of behavior or performance that needs
attention, objectives to be met within a certain time period, a plan for accomplishing the
improvement along with support resources and detailed consequences if the improvement
does not occur.

HR in Factory Maintenance

It includes planning of all maintenance activities like preventive maintenance, corrective

maintenance, replacement policy, replacement of spares, emergency maintenance etc...

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It is done to carry out all these function in a systematic manner so that it fulfills theneed of
maintenance system. The following details play an important role in maintenanceplanning
activities.

• Failure analysis for scheduling.

• Planning of maintenance schedule.

• Maintenance recording system

• Monitoring and Control.

• Overhauling and re-conditioning.

Types of maintenance system

• Break down maintenance.

• Preventive maintenance.
• Predictive maintenance.
• Proactive maintenance.
• Total productive maintenance.

Stores Department
There are three stores department in Autovea there as

• Raw Material Stores

• Engineering Department
• Finished Goods Stores

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The function of Raw material and finished goods are stored in Autovea Metalplast Head
Office itself. For all Plants of Autovea the head office itself for all plants of Aotovea
companies head office itself controls purchase decision and supply of raw materials.

3.2.3 MARKETING DEPARTMENT

CEO

Manager

Staff

This is the only company who is manufacturing this particular product so they are not
giving so much of importance of marketing department.

The CEO and Manager discuss and analyze the need of the customers and they assign the
work to production department.

This company main marketing strategy is sales. This is the company which is unique in
product so they concentrate on their customers and fulfilling their needs and wants.

Departments under Marketing

a) Sales Department
This department concentrate on sale of the goods and collect the information abouthow
much quantity required for the customer. For fulfil the customer need how much quantity
of goods need and all.

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b) Research and develop
This department is doing the research on new design for the product and collect theinformation
about trending now design on market to take the reference.

c) Production and accounting

This department is taking care of the how much raw material want for the requiredoutput
which is help to fulfil the customer need.

3.2.4 FINANCE DEPARTMENT

CEO

Manager

Staff

Finance department is handled by the CEO itself. He is the person who is taking care of
the financial planning and all financial aspects. All the responsibilities handled by the
manager and staff.

• Maintain the daybook register.

• Break-even analysis.
• Ratio analysis.
• Turn over ratios
• Preparation of balance sheet.

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Functions of Finance Department

a) Book keeping:
This involves tracking and recording every single transaction associated with your startup.
The objective of the finance department is to maintain flawless bookkeeping. This rolealso
includes payroll management, and providing the right chart of accounts for managingMIS
expectations of the management.

b) Tax and Compliance:

The finance department must ensure that statutory compliances are in order for the startup
by submitting all government paperwork accurately and in a timely manner. A robust
maker-checker process can be implemented to reduce any chances of error.

c) Finance Planning & Analysis:

The finance department’s role goes beyond just bookkeeping. It also involves data analysis
to provide insights for decisions that impact the future. The finance department must be in
a position to scrutinize any decisions taken by the senior management, analyse its
efficiency, and assess the risks involved. Providing timely and accurate information to
assist decision-makers is a highly valued KPI of the finance department.

d) Providing Strategic Guidance:

Another key responsibility of the finance department is in crafting strategy that could
potentially drive the growth of the start-up. The availability of data collected from
sophisticated tools, combined with the right expertise and refined strategy can help set
realistic long-term goals for the start up. Some of the areas where the finance department
can add significant value is in identification of the right pricing strategy, target market, and
even product mix.

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e) Fund Raising:
Start-ups seeking to raise funds in the near future must ensure a well-kept book. The right
way to convince an investor of your start up’s capabilities could lie with your finance
department. Operational excellence is critical to fund raising and can be driven by a team
of financial experts.

Commercial Service
1. Accounts.
2. Costing.
3. Banking and treasury.
4. Purchase-capital equipment.
5. Contracts.
6. Customer co-ordination and licenses.

3.2.4. Purchase Department

Purchase department is handled by the design engineering Ms. Salma Sadiya.

They purchase Raw Materials from Mysuru and Coimbatore.

After only check the quality of the raw materials. If the materials are trust worthy then
only decide to purchase.

3.2.5. Engineering Department

Design Engineer

Quality Assurance Engineer

Workers

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Design Engineer

The design engineer of the company is planning the new types or shapes of the product.
And also, she is the one who taking care of the raw materials needed for that newproduct.
And also have a responsibility of knowing about the customer needs in the products design.

Quality Assurance Engineer

This department is taking care of the raw materials used for the product design by the
engineer. The raw materials are assured they are standardizing as the company want. Not
only the raw material the final output also checked for the final conformation about the
product.

Workers

The workers are following the instruction of the managers to do their work properly.

2.7.1 Budgetary methods followed in Autovea:

1. Material Cost:
Related to production Department reduce the cost of production with same quality level.
Autovea follow a fix variance analysis. Normally standards costing method is used to check
the difference between actual and budgeted if the variance is there it is tried to balance with
budgeted by change the purchase in material cost.

2. Labour Cost:
In Autovea maintain labour cost as per budgeting labour are educated about the material
handling to reduce and skilled and unskilled labour are provided in department where
required to maintain their salary cost.

39
 3. Material Cost:
Normally material kept in warehouse may lose its weight due to shrinking or for reason
material kept as stock in warehouse for a long time and due to labour irresponsibility, there
may be more wastage of material during production. Hence to reducethese kinds of wastage
of material budgetary control system will be employed.

SL.NO Departments No. of Employees

1 Human Resource Department 7

2 Production Department 20

3 Research and Development 2

4 Engineering Development 12

5 Quality Assurance 5
Department
6 Industrial Engineering and 3
planning Department
7 Stores Department 7

8 Administrative Department 3

9 Account or Finance 7
Department
10 Purchase Department 4

11. Project Department 12

12. Safety Department 5

13. Marketing Department 8

14. Raw Material Department 5

15. Employees and contract 80

(including per shifts)
TOTAL 180

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3.4 FIGHT AGAINST CIVID 2019
The pandemic COVID-19 is turning out to be a major global crisis. As we have observed,
this has impacted the means of livelihood of weaker sections of people in general, and the
migrant workers. The pandemic is troubled not only the workers it also impacts on the
normal people also.

On pandemic like other companies this company did not stop the production work because
this company product is supply to Kinley. The company Kinley use the autovea company
product to make the one finished goods used for Covid patients

• They did not also cut down the workers for production because that one particular
product is needed for Covid
• In pandemic some police officers also do the work here because the company is
helping the covid patients. And also, this is the social service.

3.4.1 Under the CSR Activity Company help the normal people like:

• Educating the people about what is Covid, how to fight against it and what are all
the precautions you possess to avoid Covid.
• Also, by telling responsibilities what normal people should do like social
distancing Compulsory wearing masks.
• In pandemic the company provide opportunity to the rural boys to learn about
technical knowledge.
• Company also help some covid patients by paying the hospitals bills.
• The company is taking care of the workers family.
• Not only in pandemic company is help the workers to educate their childre

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4.1 SWOT ANALYSIS SWOT

Stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT analysis is
a technique for assessing these four aspects of your business.

SWOT Analysis is a simple tool that can help you to analysis what your company does
best right now, and to devise a successful strategy for the future. SWOT can also reveal
areas of the business that are holding you back, or that your competitors could exploit if
you don't protect yourself.

In this article, video and infographic, we explore how to carry out a SWOT analysis, and
how to put your findings into action. We also include a worked example and a template to
help you get started on a SWOT analysis in your own workplace.

4.1.1 Strength
Strengths are things that your organization does particularly well, or in a way that
distinguishes you from your competitors. Think about the advantages your organization
has over other organizations. These might be the motivation of your staff, access to certain
materials, or a strong set of manufacturing processes.

• Advance technology

• Involvement in people practice

• Strong HR process

• Strong employee relation

• Knowledge

• Exports to more than 2 countries in the world

42
4.1.2 Weakness
Weaknesses, like strengths, are inherent features of your organization, so focus on your
people, resources, systems, and procedures. Think about what you could improve, andthe
sorts of practices you should avoid.

• Rising employment cost

• High absenteeism among workmen

• Small town and less opportunity

• Ineffective succession planning

4.1.3 Opportunities

Opportunities are openings or chances for something positive to happen, but you'llneed to
claim them for yourself! They usually arise from situations outside your organization, and
require an eye to what might happen in the future. They might arise as developments in the
market you serve, or in the technology you use.

Being able to spot and exploit opportunities can make a huge difference to your
organization's ability to compete and take the lead in your market. The opportunities are as
follows

• Talent management system

• New product line

• Automation of work

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4.1.4 Threats.

Threats include anything that can negatively affect your business from the outside,such as
supply-chain problems, shifts in market requirements, or a shortage of recruits. It'svital to
anticipate threats and to take action against them before you become a victim of them and
your growth stalls. think about the obstacles you face in getting your product to market and
selling. You may notice that quality standards or specifications for your products are
changing, and that you'll need to change those products if you're to stay in thelead. Evolving
technology is an ever-present threat, as well as an opportunity.

• Gradual increasing in natural metal price

• Competition posed by international market
• Too much intervention by the Head Office.

4.2. MCKINSEY’S 7’S FRAME WORK

4.2.1 Structure:

Organization structure refers to the relatively more durable organizational arrangements

and Relationship AUTOVEA METALPLAST has both formal and informal type of
organizations

4.2.2 Strategy:

• The main strategy is to ensure maximum utilization of available resources. For this
purpose, the company believes in mainly prompting from within the organization and there
by encourages its people to strive for higher management stability
.
• Marketing Strategy: Strategic thinking is key to the evolution of successful marketing
strategies. This involves the following analyses:

44
• Product and Service Planning: Analysis of the customer’s promotion of the brand, both
of the firm and competitors, besides an analysis of the situation in which the customer uses
the product.

• Distribution: Structural changes in inventory management, mobile distribution is some

of the key factors that are going to affect the distribution process in the Indian market.

• Waste Elimination Strategy: The Company insists one education on continuous basis for
the workers and the staff. Total productive maintenance (TPM) and quality circle is
practiced from the lowest level, as a management seeks continues improvement from
workers in every record. There exist clarity of vision and goal within the company as a
result of which the productive efficiency of the company goes up energy conversation
strategy. The company maintained its focus on energy-on-energy consumption in face of
rising energy costs by continual investment in latest energy efficient system.

4.2.4 Skill:

Skill is the ability knowledge, understanding and judgment to accomplish a task. Skills
may be defined as the company does best, the distinctive capabilities and competencies
that reside in the organization.

The skills differ with respect to performance of the skill differ with the performance they
require a post graduate with specification in Human Resource Management.

• Technical Skills:
A technical skill refers to the ability and knowledge in using the equipment, technique
and procedures involved in performing specific tasks.

• Human Skills:
Human Skills consists of the ability to work effectively with other people both as
individual and as member of a group

45
4.2.5 Style:
Style can be thought of as the culture of the organization, the overall attitudes, or simply
the way people behave around one another at the office and within the organization.There’s
an old business saying coined by Peter Drucker; “Culture eats strategy for breakfast,”
(Rick, 2020). If true, (Drucker was a pretty smart guy, so it’s a safe assumption)we can see
that this is an essential aspect of running a successful organization. If those around you are
working hard and taking pride in their work, you’ll be more likely to do the same. If
everyone is working slowly and taking little care to get things right, then you’ll feel less
pressure to perform yourself.

The situational approach to leadership seems the best suited to this organizational aspect,
(Northouse p 93). Leaders need to be able to assess the situations at hand and make
appropriate decisions based on that. These leaders need to be extremely attuned to the
feelings, behaviors and culture of the organization, but a certain finesse is necessary to
maintain morale and overall focus. A good leader will understand when to inspire, when
to offer incentives, and when to crack the proverbial whip in order to keep the culture
strong in their organization.

4.2.6 Staff:

The person in an organization is called staff. Here it is very useful to think not about
individual personality but corporate demographics. An analysis of the corporate
demographics of Autovea Metalplast reveals that most of the worker and staff belong to
the 30-40 age groups. 150 employees Autovea Metalplast including subsidiaries and
associates.

46
4.2.7 Shared values:

• Shared values are what engender trust values are identified by which a company is known
throughout the business area. These values must be explicitly stated as both corporate
objectives and individual values. A shared value is an essential characteristics or attribute
promoted by organization to motivate the behavior of members, of the organization.

• In simple words, shared values are what engender areas. These values must be explicitly
as both corporate objectives and individual values. Respect humanity: improving quality
reducing scrap. Reducing cost and improving productivity in one way to do creative work,
which will benefit the society consisting of the consumer, the employee, the supplier.

47
 Learning Experience In AUTOVEA METALPLAST :

It’s my pleasure to first thank the Pooja Bhagavat Memorial Mahajana Education
Center for including the internship training as a part of academy. The productive purpose
of undergoing Business familiarization is to provide a corporateexposure to the prospective
managers as they have learnt the theoretical aspects in the classroom subjects to link them
with the practical aspects exposed during the course of intensive training so that I can
become an expert business the applied knowledge matter more.

When I approached Autovea Metalplast to get permission to take Businessfamiliarization

training in Autovea Metalplast Senior Manager – Human Resource Manager (HR) Mr.
Shashidhar interviewed me for about 10 minutes, he asked me the questions covering
more on management related concept, it was a good experience and which inspired to carry
on the training successfully. The company gave the permission to do intensive training. On
the same day I introduced myself to external guide Miss. SalmaSadiya she is market and
design head in Autovea Metalplast, she gave me the permission letter to enter into the
different department of the company. The opportunity to undertake my business
familiarization report study at Autovea Metalplast Mysuru within a span of
15 days. It was able to gather information regarding the company and its working
environment.

Day 1-

On the day one I get to know about the company history through the help of
MR. SHASHIDAR. N.G(HR) Later on, I get some information about the company main
production are metal sheet production for meter box and bearings for automobiles.

Day 2-

On the second day the Design Engineer MISS SALMASADIYA

Helped me to learn more thing about how the machines works. And how the production will
48
be run in the industry.
There are five types of machines
1) Wire electro discharge machine.
2) Surface grinding machine.
3) Turning machine.
4) Pressing machine.
5) Injection molding machine.
These machines have been used for the production of metals plate and suspension
bearings. The employees interact with me friendly and they give more information about
hoe these machines works.

Day 3-

On the next day I learnt about the press machines. The press machine involves
1) Hydraulic press
2) Pneumatic press
On the day three I learned about the how the press operation gets done press operation
includes Blanking, Punching, Forming, Bending, Drawing and Trimming operation

Day 4-
I learned about the SWOT analysis and some of the plastic material which they used
for the manufacturing process. Some of the plastic materials includes:
1)Polycarbonate.
2)Polyethylene.
3)Polyamide nylon.
4)Polyvinyl chloride.
5)Polypropylene.

Day 5-
On this day I learned about the Finance department head and Human Resources and
Marketing they deal with some vendors related to the row materials. By observing them I
learned how to interact with the vendors and how to convince them.
49
Day 6-

On this day they allowed me to visit there another branch. Where they manufacture metal
products. There is a better working condition and industrial harmony among employees.
Proper training to workers and the efficiency of the worker.

Day 7-
On the last day they provided us the information which I needed to prepare my BFR report.
They provided certificate from there company. After doing my BFR in this company the
response is very friendly. Visiting this industry is very useful because I can see directly
about how the production process works and how to interact with the workers and I
understand the work environment.
After going through the company profile, which was provided to me during the course of
my study gave me a brief overview about their growth, prospects and functioningof them in
their industry I was given a chance to visit all the departments in the company which was
very interesting to observe the operation going on so smoothly and without anybottlenecks
in between The project provided an opportunity to relate classroom learning with the reality
of management in an organization While collecting the information readingthe McKinsey's
7-S framework. I came to know about the divisions of the organization, functions of the
departments and management process. Operational approach that includesthe key questions
such as what managers do, how they try to integrate the concepts, principles and techniques
that underlie the task of managing has been clearly understood by me. Group behavior of
the employees. Interpersonal behavior and skills required to perform a job has been informed
to me. How to put my knowledge and skills into practice.From conducting comprehensive
competitor analysis research, to designing a marketing and communication plan, my
knowledge of business and marketing theories was transformed into a series of practical
techniques and skills that I can now implement in real-life business scenarios, all thanks to
my internship

50
 The benefits of networking

I learned how to communicate and build relationships with the people I worked with. I
learned how to introduce myself, talk about my interests, knowledge and skills with

entrepreneurs and business owners, as well as how to ask questions and gain a better
understanding of businesses not only in the co-working space, but also others in the market.
This process overall helped me develop my professional network and emphasized the
importance of creating these connections. I also connected with most of them via LinkedIn,
which is obviously a great networking platform for professionals.

About what I learnt in the Organization Study:

It helped me to know the overall functioning of departments in the organization. How the
employees are motivated and trained in the organization towards achieving theirgoals set
by the organization. Besides, in these three weeks, I have established a good relationship
with the employees in the organization. Throughout the program, I broadenedmy views and
improved my communication skills, Besides, I found that having flexible mind and attitude
which is very important in the business world. It was much different from the study as part
of my study. The learning experience gained by me during the internship training was much
practical oriented. Mostly all the concepts and theories which I studied in the class, are
applicable practically. The overall study of the organization reveals that the company has
grown tremendously. I also learned that participative leadership style motivates each and
every employee to greater height possible. I could alsoanalyze the strengths and weakness
of the company. I learned about Time management It also helped me to know the Co-
ordinations between the different levels in the organization,and also helped me to know the
leadership skills and also it gave me a practical experienceof the various functional area of
which I only had a theoretical knowledge so fa

51
The study reveals that the company is maintaining efficient inventory managementsystem.
Following recommendations are given to maintain and improve the existing performance,
to bring down the raw material level: There should be frequent stock verification. The
personal handling the stock may be probably trained with a view to reduce the
preventable losses. It is better if company adopts metal inventory control technique, so that
it can avoid excessraw material holding period. The company’s future plans for expansion
seem clear due to increased investment in fixed assets. Company should try its best to
increase sales and profit the profit margin ratio shows decline in current year so that
company should try to increaseprofit after tax. Inventory Management has significantly
improved inventory turns, optimized the flow ofgoods.

AUTOVEA METALPLAST is a prominent name in the Metal industry. Over theyear, it has
gained popularity in the market due to its wide range and unmatched product. From being
a market leader in the truck bus radial segment in the country to manufacturinghigh-quality
Metal with strong research and development in the place, AUTOVEA METALPLAST has
done it all on the business fronts. Success and failure of any business enterprise depend
upon the quality products and services that company provides. In the present scenario
customers are more attracted towards the quality.
In olden days customer preferred the products that were suggested. but now it is not
like that they purchase which ever they, like because they are getting information about the
product quality and about the company’s marketing strength. In order to demonstrate is
commitment towards quality, AUTOVEA has made never -ending effort to make all its
products of world-class quality. Even though competition at international market,
AUTOVEA keep its name and fame in the international market by consciously following
a policy of continuously modernizing and expanding its METAL manufacturing facilities
to retain its edge in the market

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BIBLIOGRAPHY

BOOK REFERENCE

● AUTOVEA METALPLAST Company Profile & Annual Report

Websites

● http://autoveacomponents.in
● www.autovea.com
● http://m.economictimes.co

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