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Summer Intership

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INTRODUCTION

1.1 INDUSTRY PROFILE

Nutech Cnc Private Limited


Established in the year 2003, Nutech Cnc Pvt. Ltd is one of
the prominent manufacturers and exporters of a wide range
of  Precision Plastic  Moulds, Plastic Components.

Our team strives to design and manufacture products that are


in line with the customer requirements. Being an ISO
9001:2008 certified company, our range is manufactured
using latest  technically advanced CNC machines and tested
on various parameters to venture that these are perfect.
Owing to the quality of our products, these are widely used
for various applications across the textile,
telecommunication, automobile and electronics sector. Our
company has established a firm position in the industry under
the able guidance of our mentors. Their experience has
enabled us to garner a vast client base across the industry. 

Some of our esteemed clients encompass 

 Apollo Tyres - Chennai & Baroda


 Daesung Electric India Ltd, - Thiruvallur
 Honeywell India Ltd - Chenani
 Priyasang Export - Chennai
 Light Alloy Products Ltd( TVS Group) -Sholingur
 Brakes India Ltd (TVS Group) -  Sholingur
 Ranga Rao & Sons –Mysore
 Ripple  Fragrances - Mysore
 Rodrigo & Sons - Srilanka
 Noor Masafi Electricals - Dubai
 Petserve - Central Africa

Product Portfolio
pal manufacturers and exporters of a quality range of Plastic
Moulds, Plastic Components,Dies, Jigs & Fixtures, Electronic
Components, Automobile Components and CNC Machined
Parts. Keeping in mind the diverse requirements of the clients,
we also offer Plastic Consumable Precision Mould Components,
Engineering Components and Plastic Components. These
products are at par with the ISO standards and are thus, widely
used across the industry for various purposes.
Application Areas
Our comprehensive range of CNC machined parts, dies, jigs and
fixtures is widely used across the following areas: 

 Automobile
 Electrical
 Electronics
 Telecommunication
 Engineering
 Textile
 FMCG sectors
1.2 COMPANY PROFILE
Nutech cnc pvt ltd is manufacture of precision plastic injection
moulds parts catering to automobile, electrical, electrical,
telecommunication, textile, shoes, and other engg sectors. They
are young technocrats started this venture to serve the industries
by keeping abstracts of latest technology in moulding with
advanced production engineering techniques to offer customers
the highest quality, sophisticated products at best prices in
committed time schedule.
They are the equipped with best infrastructure facility to
manufacture intricate high precision plastic components with
microprocessor controlled automatic injection moulding
machine backed up with cnc based tool room.
Nutech cnc obtained our ISO9001 certification from m/s bureau
veritas certification from January 2005.
They are equipped with diesel generator for uninterrupted
production.
1.3 NATURE OF BUSSINESS

Injection moulding  is a manufacturing  process for producing


parts by injecting molten material into a mould. Injection
moulding can be performed with a host of materials mainly
including metals  (for which the process is called die-casting,
glasses,  elastomers confections, and most commonly 
thermoplastic and thermosetting  polymers. Material for the part
is fed into a heated barrel, mixed (Using a helical shaped screw),
and injected (Forced) into a mould cavity. where it cools and
hardens to the configuration of the cavity. After a product is
designed, usually by an industrial designer  or an engineer,
moulds are made by a mould-maker (or toolmaker) from metal
usually either steel  or aluminium and precision-machined  to
form the features of the desired part. Injection moulding is
widely used for manufacturing a variety of parts, from the
smallest components to entire body panels  of cars . Advances
in 3D printing  technology, using photopolymers  which do not
melt during the injection moulding of some lower temperature
thermoplastics, can be used for some simple injection moulds.
Parts to be injection moulded must be very carefully designed to
facilitate the moulding process; the material used for the part,
the desired shape and features of the part, the material of the
mould, and the properties of the moulding machine must all be
taken into account. The versatility of injection moulding is
facilitated by this breadth of design considerations and
possibilities.
1.4 BUSSINESS VOLUME

Nutech cnc pvt ltd CEO AN RAJENDIRAN. He started the


business 2003. He established the business supplier and
manufacture. Annual turnover appox 2 to 5 crore. The area is
situvated in urban.The building infrastructure is permanent. The
size of premises 2800 square feet. Nutech cnc pvt ltd annual
general meeting(AGM) was last held on 27 september 2018 and
as per records from ministry of corporate affairs(MCA), its
balance sheet was last field on 31 march 2018.
It is classified as non govt company and its is registered of
companies in Chennai. Its authorised capital is rs 1,500,000and
its paid up capital is rs 1,500,000. It is involved in
manufacturing of other fabricated metal products, metal working
service activities. The age of company is 16 years 1 month,
29days.

1.5 OBJECTIVES OF ORAGANISATION

Corporate Objectives :
 To achieve a growth percentage above the industrial
average of machine tool sectors with in 5 years.
 Focus and aim for achieving positive gross margin in
year 2013-14.
 To achieve sustained growth in the earnings of the
company on behalf of shareholders.
 Focus on to achieve 80% capacity utilisation of facilities
and resources by 2017-18 from present level of 61%.
 Introduce at least one new product by each unit every
year with contemporary technologies through In-house
R & D, Joint Partnerships, Sourcing and Acquisitions.
 Achieve higher productivity through upgradation
modernization, reduction in rejection & rework, value
engineering, waste elimination, developing alternative
source and Effective Financial Planning and Control.
 To achieve a sales turnover of per employee from Rs
6.67 L (2011-12) to Rs 26 L by 2017-18.

1.6 LIST OF PRODUCTS


1. pipe makers
2. moulds
3.automobile and electrical
4.footwear
5.FMCG
6.Textile and toys
7.Bouldform and thermoforming

1.7 COMPETITORS
1. Plastic injection mould
2. Steel ssc plastic molds manufacturing
3. Cast iron plastic injection mold
4. PVC black air vent plastic injection
5. Aluminium plastic injection mould
6. Mild steel plastic injection mould
7. Clay multi mold set
8. Royal plastics
9. Rrc plastics jars and caps
10.Yashraj plastics

1.8 OBJECTIVES OF THE STUDY


 To study the impact of overall functioning of the company.

 To analyse the strength and weakness of the company and


to gave suggestion for the improvement of the firm.

 To increase profit maximisation.

 To increase market share/market dominance.

 To increase welfare maximisation.

 To satisfying the employee health.

 To analyse and satisfying the customers.

 To measure the trend of the company


11. STRUCTURE OF THE ORAGANISATION
2.1 NUMBER OF EMPLOYEES
The company has put in place an attractive scheme to attract
customers.The employees count at 100 t0 500.They reward and
retain the talents employees.They work life balance and
association.
2.2 DUTIES AND RESPONSIBILITY OF DEPARTMENT
HEADS
Financial managers are responsible for the financial health of
an organization. They produce financial reports, direct
investment activities, and develop strategies and plans for the
long-term financial goals of their organization. ...
Help management make financial decisions. Effective cost-
control standards and strong internal controls are a large part of
what separates highly successful businesses from less-successful
ones. Although every associate from the business owner on
down is responsible for controlling costs and adhering to
internal controls, members of the financial management staff
provide financial oversight for the entire organization. The
specific role the financial management staff plays may depend
on the size of the business, but it often includes monitoring,
analysis and advising duties.
Management extends right from managing employees to
managing the employers and the whole HR department as well.
The role of an HR manager is to manage, create, implement and
supervise policies/regulations, which are mandatory for every
employee and also have knowledge of its appropriate
functioning. A human resource manager has two basic
functions: overseeing department functions and
managing employees. That's why human resources managers
must be well-versed in each of the human resources disciplines
– compensation and benefits, training and
development, employee relations, and recruitment and
selection.
Marketing managers oversee the promotion of a business,
service, product or brand. Depending on the organization, they
may be managing the marketing of a whole line of products and
services, or be focused on one particular thing to promote. They
may also be in charge of a staff of marketing assistants.
Marketing Coordinator Job Responsibilities: Markets products
by developing and implementing marketing
and advertising campaigns; tracking sales data; maintaining
promotional materials inventory; planning meetings and trade
shows; maintaining databases; preparing reports.
Operations Manager Job Description. Anoperations manager
is key part of a management team and oversees high-level
HR duties, such as attracting talent and setting training
standards and hiring procedures. They also analyze and improve
organizational processes, and work to improve quality,
productivity and efficiency.
111. FUNCTIONAL DEPARTMENTS OF THE
ORAGANISATION
3.1 FINANCIAL DEPARTMENT
Financial Management means planning, organizing, directing
and controlling thefinancial activities such as procurement and
utilization of funds of the enterprise. It means applying
general management principles to financial resources of the
enterprise.This is the main objective of Financial
Management. Wealth maximization means maximization of
shareholders' wealth. ... Maintaining proper cash flow is a short
runobjective of financial management. It is necessary for
operations to pay the day-to-day expenses e.g. raw material,
electricity bills, wages, rent etc. Financial management focuses
on ratios, equities and debts. It is useful for portfolio
management,distribution of dividend,capital raising,hedging and
looking after fluctuations in foreign currency and product
cycles.Financial managers are the people who will do research
and based on the research, decide what sort of capital to obtain
in order to fund the company's assets as well as maximizing the
value of the firm for all the stakeholders. It also refers to the
efficient and effective management of money (funds) in such a
manner as to accomplish the objectives of the organization. It is
the specialized function directly associated with the top
management. The significance of this function is not seen in the
'Line' but also in the capacity of the 'Staff' in overall of a
company. It has been defined differently by different experts in
the field.
3.2 HUMAN RESOURCE MANAGEMENT

As per Armstrong (1997) Human resource management is


defined as “a strategic approach to acquiring, developing,
managing, motivating and gaining the commitment of the
organization’s key resource — the people who work in and for
it.”

In general, human resource management is concerned with


hiring, motivating and maintaining workforce within businesses.

Functions of Human Resource Management Includes:

· Managerial Functions

· Operative Functions

Managerial Function Includes:

1. Planning

One of the primary function where number & type of employees


needed to accomplish organizational goals are determined.
Research forms core HRM planning which also helps
management to collect, analyze and identify current plus future
needs within the organization.
2. Organizing

Organization of the task is another important step. Task is


allocated to every member as per their skills and activities are
integrated towards a common goal.

3. Directing

This includes activating employees at different levels and


making them contribute maximum towards organizational goal.
Tapping maximum potentialities of an employee via constant
motivation and command is a prime focus.

4. Controlling

Post planning, organizing and directing, performance of an


employee is checked, verified and compared with goals. If actual
performance is found deviated from the plan, control measures
are taken.

3.3 MARKETING MANAGEMENT


Management is the art of getting the requisite work done
efficaciously. It includes planning, organizing, staffing,
directing, and controlling to ensure proper functioning of an
organization. Whereas, marketing refers to ascertaining and
transmuting consumer needs into goods and services.
Hence, Marketing Management is the process of managing
the marketing activities of any firm. Managing various aspects
of the market such as branding, labeling, advertising and other
promotional activities comes under Marketing Management.

It is the task of the marketing manager to ensure that the


marketing activities are managed properly. For this, a manager
performs different tasks.

3.4 OPERATIONAL MANAGEMENT


. Operations management (OM) is the business function
responsible for managing the process of creation of goods and
services. It involves planning, organizing, coordinating,
and controlling all the resources needed to produce a company's
goods and services. The six key functions of business operations
discussed in this paper are financial,production,
office, marketing, operations, and legal
 Product selection and design: The right kind of products and
good designs of the products are crucial for the success of an
organizing. ...
 Process selection and planning: Selection of the optimal
“conversion system” is as important as choice of
products/services and their design.

1V. CONCLUSION
In a NUTECH CNC PVT LTD, this internship has been an
excellent and rewarding experience. The intern has been able to
meet and network with so many people during this internship
period.

Accounting is also termed as accountancy; it deals with


processing of financial information, measuring and recording of
certain financial transaction, it also includes analyzing of certain
economic entities. It is the most important function of any
business. Accounting can also further divided into other
branches like management accounting as well as cost
accounting. It is responsible for all the kinds of monetary
transactions that help in taking most of the major management
decisions. For any successful business the accounting team
should be highly efficient. The number of members in the
accounting team depends entirely on the size of the business.

The internship activities are correlated with my studies. The


intern had already learned theoretically in the college. Therefore,
the knowledge which was gained from the class helped a lot to
do this internship.

V. BIBLIOGRAPHY
BOOKS REFERENCE
1. Accounts – T.S Reddy and Murthy
2. Marketing management- DR. L. Natarajan
WEB REFERENCE
 www.investopedia.com
 www.wikipedia.com
 www.nutechcnc.com
 www.encyclopedia.com
A report on INTERNSHIP undertaken at

Submitted in partial fulfillment of the requirement

By

T.SHAARANI

ROLL NO: 113218631044


MBA

VELAMMAL ENGINEERING COLLEGE

SURAPET, CHENNAI

(2018- 2020).
CONTENTS

CHAPTER TITLE PAGE


NO NO
I. INTRODUCTION
I.1 INDUSTRY PROFILE
I.2 COMPANY PROFILE
I.3 NATURE OF THE BUSINESS
I.4 BUSINESS VOLUME
I.5 OBJECTIVES OF THE
ORGANIZATION
I.6 PRODUCT LINES ,LIST OF
PRODUCTS
I.7 COMPETITORS
I.8 OBJECTIVES OF THE STUDY
II. STRUCTURE OF THE ORGANISATION
II.1 NUMBER OF EMPLOYEES
II.2 DUTIES AND
RESPONSIBILITY OF
DEPARTMENT HEADS
III.
FUNCTIONAL DEPARTMENTS OF
THE ORGANIZATION
III.1 FINANCIAL DEPARTMENT
III.2 HUMAN RESORCE
MANAGEMENT
III.3 MARKETING
MANAGEMENT
III.4 OPERATIONAL
MANAGEMENT
IV. CONCLUSION

V. BIBLIOGRAPHY

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