SUMMER TRAINING PROJECT

ON

FINSNCIAL ANALYSIS OF VERKA MILK PLANT LUDHIANA

Submitted To

I.K. GUJRAL PUNJAB TECHNICAL UNIVERSITY KAPURTHALA

In partial fulfillment of the requirement for the award of

Degree of

Master of Business Administration (MBA)

Submitted By Supervisor

Samanpreeet Kaur Palak Sachdeva

2232259 Charted Accountant (CA)

DEPARTMENT OF MANAGEMENT

GULZAR GROUP OF INSTITUTES

KHANNA

(2022-2024)
CERTIFICATE
 STUDENT DECLARATION

I, “Saamanpreet kaur”, hereby declare that I have undergone my summer training at “Verka Milk
Plant Ludhiana” from 11/06/2023 to 23/07/2023. I have completed a research project tilted
“FINANCIAL ANALYSIS OF VERKA MILK PLANT” under the guidance of .Ms’ Palak
Sachdeva.

Further I hereby confirm that the work presented herein is genuine and original and has not been
published elsewhere.

Samanpreet Kaur
 FACULITY DECLARATION

I hereby declare that the student Mr. / Ms. Samanpreer kaur of MBA (II) has undergone his/her
summer training under my periodic guidance on the Project titled
“FINANCIAL ANALYSIS OF VERKA MILK PLANT”.

Further I hereby declare that the student was periodically in touch with me during his/her training
period and the work done by student is genuine & original.

-------------------

(Signature of Supervisor)
ACKNOWLEDGEMENT
 TABLE OF CONTENTS

Certificate by Guide ii
Student Declaration iii
Faculty Declaration iv
Acknowledgment v
CHAPTER NO. CHAPTER TITLE PAGE NO.
1 Introduction to the Company
2 Introduction to the Research Problem
3 Need, Scope and Objectives of the Study
4 Research Methodology
5 Data Analysis and Interpretation
6 Findings of the Study
7 Conclusion, Suggestions & Recommendations of
the Study
References and Bibliography
Appendix
(Questionnaire, Glossary of Terms, Abbreviations, Documents, Performa,
Financial statements, etc.)

LIST OF TABLES

TABLE NO. TABLE TITLE PAGE NO.

LIST OF FIGURES

FIGURE NO. FIGURE TITLE PAGE NO.

 Chapter – 1

INTERODUCTION
1.1 AN OVERVIEW OF TO CO-OPERARIVE MILK UNION

Concept of milk

Mostly our daily routine starts with the consumption of Tea, bette or coffee that
requires milk along with other ingredients. We consume milk and various other milk products
daily

Earlier people were able to satisfy their needs for milk by their own cattle’s or by
purchasing from nearby sources. They used to prepare various milk products individually but
milk provided by these resources was not of good quality and was full of fat etc. so, people
were in search of products it gave birth to collection of milk at a single source and suppliers it
to required ones.

Present concept of milk

With advancement of new methods and techniques used, to improve the quality of
milk, good quality of milk and milk products are prepared with diversity. Use of these
techniques results in low cost, better quality, and variety of products and offerings to
consumers. As consumer is a “KING” today.

Co-operative milk union in India

“MILK UNION” Means union of milk producers, a union established when few people
join hands for some common purpose.

First cooperative milk union was established in 1965 at Kheda (Anand distt. In Gujarat
State) by a Jat famous as “Dairy King” and named AMUL (Anand MILK Union Ltd.) the
dairy follows Anand pattern a step to develop dairy as industry allied to agriculture and to
prevent harassment farmers and consumers. Before independence, there were dairy cards
called “Poison Dairy” by English people. They were procuring milk from the milk producers
by force and without any payments. Exploited farmers gave birth to revolution in the dairy
business.

They join hands to prevent themselves from the harassment of English people, for their
own betterment and to provide good policy and right prices of milk products to consumers.
 Here they started their own dairy at kheda. After independence NDDB (National Dairy
development board ) was established in Gujarat State and inaugurated by former P.M of india
“Shri Lal Bahadur Shastri in 1965 .

Co-operative milk union in Punjab

Doing 1970-71 “operation flood 1” (a dairy program ) took place , where cover 18 district all
over the country to establish milk union as per recommendations of Shri Lal Bahudar Shastri.
Under operation Flood 1 PDDC (Punjab Dairy Development Co- operation ) selected
Ludhiana District of Punjab as one of the milk shed to develop (Anand pattern).It is first
place in Punjab to establish milk unions.

Later on operation Flood 2 took place in 1980-81 which covers almost all districts in
Punjab . At present these Milk Unions are running successfully and achieving their goals in
theS entire country . Government is also providing time –to-time facilities to these Milk
Unions.