CHAPTER

–1

INTRODUCTION

An internship program is an excellent way to prepare students to know about the

practicalway to deal with the things learnt and develop skills. This program is a 12
weeks training period where students get to learn, understand real business
problemsand way to handle it. As an intern, I got to experience good, practical exposure
of the theoretical knowledge. As beginners the internship program proved to be a
goodup for our careers. Internship is considered to be very important as it
providesopportunity to explore business world and gain practical knowledge
Empowering enterprises to differentiate accelerate product development and compete
in today’s digital economy by leveraging agile methodologies, proven customer
collaboration frameworks, engineering tools, hybrid teams and our global delivery
model by integrating hardware, software and services.

COMPANY PROFILE
Sundram
Fasteners
Limited is a
listed
public
company
incorporated on 10 December, 1962. It is classified as a public limited company and is
located in Chennai, Tamil Nadu. Its authorized share capital is INR 25.00 cr and the total
paid-up capital is INR 21.01 cr.
Sundram Fasteners Limited's operating revenues range is Over INR 500 cr for the financial
year ending on 31 March, 2022. It's EBITDA has increased by 24.78 % over the previous
year. At the same time, its book net worth has increased by 9.10 %. Other performance and
liquidity ratios are available here.
Description: The Company manufactures and sells precision components for the
automotive
Products & Services: Cold extruded parts, including gear blanks, transmission shafts,
cams, starter sleeves and pinions, CV join parts, and fan hubs; and hot forged parts
consisting of bevel gears and pinions, hub rings, clutch hubs, crankshafts sprockets,
turbocharger parts, rod.
Category: Manufacturer

The current status of Sundram Fasteners Limited is - Active.

The last reported AGM (Annual General Meeting) of Sundram Fasteners Limited, per our
records, was held on 29 June, 2022. Also, as per our records, its last balance sheet was
prepared for the period ending on 31 March, 2022.

Sundram Fasteners Limited has eight directors - Muthuraman Balasubramanian, Suresh

Krishna, and others.
 CIN L35999TN1962PLC004943

COMPANY NAME TVS Sundram Fasteners Limited

COMPANY STATUS Active

REGISTERED STATE Tamil Nadu

COMPANY CATEGORY Company Limited by Shares

COMPANY SUB CATEGORY Non-govt Company

DATE OF INCORPORATION 10 December 1962

COMPANY DETAILS

AWARDS AND RECOGNITION :

  The krishnapuram unit won TPM Club of India Award for best Kaizen 2009. Its metal
forms division won frost & Sullivan India Manufacturing Excellence Gold Award in
2008-09.

 SFL’S Puducherry unit won ACMA Technology Award 2007-08 for excellence in
Technology

 SFL was awarded the EEPC Export Award Sliver Shield 2006-07 for star performer
in Large Enterprises Category.

 TPM Excellence Award from JIPM , Japan in 1998 ( the second India company and
the first in the engineering industry to get this recognition )

Departments in Sundaram Fasteners Limited

 Purchase Department
 Store Department
 Finance Department
 Marketing Department
 PRODUCTION PROCESS:

1. First they select the vendors sample and they barketing the price of an material.

2. The company give a order to the vendors with a limited period of time.

3. When a vendors delivered the raw material , the payment will be proceed by a finance
department by using the cheque.

4. Raw materials are sawing, forging and normalising by a machine.

5. And they check the quality and shape of the product with using of CNC1 and CNC2
machine.

Customers

 Sundram Fasteners (Powertrain Components Division) recognized by General

Motors as a 2019 Supplier of the Year- 10th December, 2020.

 Awarded the General Motors “Supplier of the Year? Award for five consecutive years
1996, 1997, 1998, 1999 and 2000. The only Indian company to get this award.

 Vendor Performance Award given by Maruti Udyog Ltd. in 1996-97, 1994-95 and
1993-94 to SFL.

 MICO Quality Award given to SFL in 1981-82 and 1983-84.

Government
 Our factory in China won the " Best Labor Relations Award" from the Haiyan Govt.

 Good Industrial Relations Award to SFL by the Government of Tamil Nadu for 1986
and 1996.

 Productivity Award given by National Productivity Council for 1986-87.

 Productivity Award from the State Government in 1985-86 and 1986-87

PRODUCT OF THE COMPANY :

 Turbine shafts
 Shafts

 Clutch hub

 Reverse clutch hub

 Sprocket

 Output Shaft

 Panther

 Eaton Yoke

 Sun gear shaft

 Intermediate shaft
PROCESS:

1.First they select the vendors sample raw material with good quality and with the best
price.
2.Company give a order to a vendors with some requirement.

3.And they make gear parts and other requirement.

4.They export the product to some countries like USA,UK,Turkey,Mexico,China etc…

5.Service products like - cold extruded parts, including gear blanks, transmission shafts,
cams, starter sleeves and pinions, CV join parts, and fan hubs; and hot forged parts consisting
of bevel gears and pinions, hub rings, clutch hubs, crankshafts sprockets, turbocharger parts,
and connecting rod
CLUTCH ROD

OUTPUT SHAFT
 INTERSHIP LEARNING:

Throughout my internship, I gained valuable insights into the practical

applications of financial concepts and methodologies. Some of the key learning from
this experience include:
 Understanding the significance of financial analysis in supporting business
decisions.
They using the SAP software [System Applications and Products] for data
entry.
I gain some self confidence and how to face the problem with simple solution.

I saw how to solve the problem through team work.

I learned after my experience in this firm is the importance of time
team members, and offered suggestions during financial discussions. My
efforts were
appreciated by the finance team, and I believe my contributions positively
impacted the projects I was involved in.

CONCULSION:

The study about the organizational culture and behaviour on employees

reveals that the workers were satisfied with their ability, co-operation, team work,
involvement, supervisors, utilization of their skills and rewards etc. They are highly
satisfied with the current culture of HMIL

Because of this favourable culture the employees’ show positive behaviours like high
involvement, highly commitment to the organization, highly motivated and highly
flexible to the organizational changes etc.