Surehka 2
Surehka 2
Surehka 2
Submitted in the partial fulfilment of the requirements for the award of the degree in
INTERNSHIP REPORT
By
A SUREKHA
225062101330
Dr. M.G.R.
Educational and Research Institute
(Deemed to be university)
DEC 2023
DECLARATION
PLACE: SUREKHA A
Dr. M.G.R.
Educational and Research
Institute (Deemed to be university)
BONAFIDE CERTIFICATE
This is to certify that this Internship Report is the bonafide work of MS SUREKHA
A(225062101330) who carried out the Internship entitled “ TUBE INVESMENT OF
DAIMOND AND CHAINS INDIA PRIVATE LIMITED” under our supervision from 27th
September 2023 to 27th October 2023
To acknowledge here, all those who have been a helping hand in completing this
Internship, shall be an endeavor in itself
Er. A.C.S. ARUN KUMAR, B.E. I express my sincere thanks to our Secretary Thiru A.
RAVIKUMAR and our Vice Chancellor DR.S.GEETHALAKSHMI,I would like to take the
opportunity to express my profound gratitude to Dr. G BRINDHA, Professor & Head, Faculty
of Management Studies, for her kind permission to undergo Internship work successfully.
My wholehearted thanks to entire staff of the company for their cooperation and assistance
during the Internship.
DECLARATION
BONAFIDE CERTIFIDE
COMPANY CERTIFIDE
ACKNOWNLEDGEMENT
3. Company profile
Quality in the work place comes from understanding and then fully meeting the needs of all
your internal and external customers, now and into the future and doing, so with continual
improvement in efficiency and effectiveness. In addition to improving the work system, QWL
programs usually emphasis development of employee skills, the reduction of occupational stress
and the development of more co-operative labor-management. Vigorous Domestic and
International competition drive organizations to be more productive. Proactive managers and
human resource departments respond to this challenge by finding new ways to improve
productivity.
The term refers to the favorableness or un-favorableness of a total job environment for
people. QWL programs are another way in which organizations recognize their responsibility to
develop jobs and working conditions that are excellent for people as well as for economic health
of the organization. A high quality of work life (QWL) is essential for organizations to continue
to attract and retain employees. QWL is a comprehensive program designated to improve
employee satisfaction.
TIDC is one of India's leading manufacturers of power transmission chains for the
industrial, automotive and agricultural segments. The company was established in 1960 and
today is the undisputed market leader in both the industrial and automotive chains.. TIDC
exports chains under the brand name 'Rombo'. Its chains have gained recognition in Europe, the
US, Japan, South America and Asian markets for high quality and reliability.
The process of Quality of work life by which an organization responds to employees needs
for developing mechanism to allow them to share fully in making the decision that design their
live at work. The project is mainly been concentrated on the employees who work in contract
basis in the organization and how they are able improve their skills through their work life. The
contractors are mainly engaged in production and engineering levels.
This project work concerns itself with analyzing the effectiveness of quality of work life in
TIDC Limited and also study involves the suggest measures to improve the intelligence of the
quality of work life by providing analyzed data to prevent malfunction.
Quality of Work-Life is a generic phrase that covers a person’s feelings about every dimension
of work including economic rewards and benefits, security, working conditions, organizational
and interpersonal relationships and its intrinsic meaning in a person’s life QWL owes its origins
to the marriage of the structural, systems perspective of organizational behavior with the
interpersonal, human relations, and supervisory-style perspective. Descriptive research design is
used to describe characteristics of a population or phenomenon being studied and the same design
was adopted by the researcher to describe the quality of work life among employees. The
researcher used the questionnaire approach to collect data from the employees from one of the top
industrial sectors of Hosur. To examine quality of work life among employees, a standardized
instrument with a Likert scale was used. Cronbach’s alpha was used to assess the reliability and
this study has an alpha value of 0.835. Employees have taken a lot of time off to deal with
'emergencies' involving children or other dependents and high level of employee stress, high rate
of absenteeism or staff sickness and high level of staff turnover. Maintaining quality of work life
helps to reduce stress and to prevent burnout in the work place. Employees suggested that
employers should prioritize quality of work-life by offering flexible work schedules,
telecommuting options, and generous vacation policies, create a positive work environment. To
support employees' physical and emotional health, they suggested employers to provide wellness
initiatives, mental health services, and ergonomic work spaces. Employee recognition and
rewards Companies should appreciate employees' efforts by rewarding their accomplishments and
recognizing their hard work.
Significance of the study :-
A quality of work life can enable staff to feel more in control of their working life and lead
to increased productivity, fewer instances of sickness and absenteeism, a happier and less
stressed workforce. Quality of work life includes a balance between work and personal life
that both bring satisfaction to the individual. The dilemma for employees that occurs today
is that when they compete for work demands, there is an abundance of negative effects on the
quality of work life of employees ranging from increased stress, work fatigue, disruption
of family and work relationships. Balancing the demands of employee work and family life
is very difficult. This can trigger stress or decrease employee productivity and welfare. The
dilemma for employees that occurs today is that when they compete for work demands, there is
an abundance of negative effects on the quality of work life of employees ranging from
increased stress, work fatigue, disruption of family and work relationships. Balancing the
demands of employee work and family life is very difficult. This can trigger stress or
decrease employee productivity and welfare. The present study was aimed with the following
objectives. 1. To denote the level of working Environment. 2. To analyze the level of motivation.
3. To denote the level of occupational stress experienced by employees. 4. To understand the level
of autonomy and participation. 5. To highlight the knowledge on the policy measures of
organization. 6. To analyze the overall quality of work life and work life balance.
Quality of work life is about managing and juggling efficiently between job and all
aspect of personal matters, quality of work life as to what extent an individual is equally engaged
in and equally satisfied with his or her job and personal life. Thus, employees who
experience high work life balance are those who exhibit similar investment of time and
commitment to work and non-work domain. Goh Shah (2015), in this study on Quality of work
life among employees stated that in large organizations, employees received several tasks to
be completed within a short period of time. This causes employee to be pressurized in order
to complete their entire task in order to meet the deadline. The combination of deadlines
and work overload makes work even more stressful. One respondent from a study by
Awang et al. (2010), described that, job stress often occurs when several tasks were given
together and coping with the tight deadline of each task makes it rather stressful and impossible.
According to another respondent, some of the tasks given consist of very important and
meaningful task however; they are to be completed in a short period of time. Claimed
that workload and life satisfaction does not have a direct effect, however, Goh further
explained that his findings recommend that individuals do not evaluate life satisfaction
poorly due to high job demands, as workload and life satisfaction might have other
relationship influenced by need fulfillment and challenge. Buddhapriya (2009), The study is
conducted on reported that women professionals at middle management and senior management
level considered their commitment to family duties and responsibilities as the most important
barrier to their making advancements in their career. In addition, women professionals
mostly in the middle management level faced society’s disapproval if they gave priority to
work over family 25 responsibilities. For married women employees in the middle
management level the scope of worklife conflict widens and creates major problems in
moving ahead in their career. Morganson et al. (2010), in their study conducted on found that
home-based teleworkers experienced higher level of quality of work life support and job
satisfaction than client-based workers. However home-based teleworkers experienced similar
levels of quality of work life support and job satisfaction like the main office workers. The
home-based teleworkers had autonomy and flexibility in their work but have the
disadvantage of social isolation. This leads them to have the similar job satisfaction like the main
office workers. It was found out that teleworking from home created isolation for the workers
and this hampers the job satisfaction of employees, however if workplace inclusion was
practiced then it would create a positive impact on the job satisfaction experienced by the
home- based teleworkers. Managers and superiors could practice inclusion by meeting
teleworkers and distant employees at regular intervals to keep them updated about recent
issues or by contacting them regularly over the telephone or through emails
INDUSTRY PROFILE
TI Diamond Chains (TIDC), also known as TIDC India, was established as a joint
venture between Tube Investments of India Limited (TII) and Diamond Chain
Company Inc USA.
TIDC India was established in the year 1960 as a manufacturer of bicycle chains. The
organization today is a pioneer manufacturer of automotive chains, industrial chains,
fine blanked components, and other power transmission products.
TI Diamond Chains
TI Diamond Chains, simply known as TIDC India, was established as a joint venture
between Tube Investments of India Limited & Diamond Chain Company Inc USA.
Tube Investments of India Limited merged it with as a division called TIDC India.
TIDC India is a chain manufacturer in segments such as industrial, automotive and
fine blanking.
Tube Investments of India Ltd is part of the USD 3.14 billion Murugappa Group. Over the
past five decades, the company has honed its competencies in the field of metallurgy, engineering,
design and development. It has four divisions – TI Cycles, Tube Products of India (TPI), TIDC
India and TI Metal Forming - each a pioneer and market leader in its segment.TPI is the
undisputed market leader in high-end cold drawn welded (CDW) tubes. TI Cycles brings you the
BSA and Hercules brands of bicycles and fitness equipment. TIDC is India's leading manufacturer
of power transmission chains for the automotive, industrial and agricultural segments. TI Metal
Forming pioneered cold roll forming and is a market leader in specialty steel strips for the
bearings and fine blank industry. TI also enjoys a sizeable share of the Indian auto market by
manufacturing auto door frames at TI Metal forming. TI reported a turnover of 1761.84 cores in
2006-07, 11 per cent higher than the previous year. It was originally founded as TI Cycles of
India, in 1949. Group companies Tube Products of India and TI Miller - which manufactured
cycle lamps and dynamo sets - were merged with the company in 1959 and 1984, respectively. It
has 13 manufacturing and assembly units spread across the country, all supported by marketing
offices that act as an interface between customer requirements and the production team. The
company's shares are listed on the National, Mumbai and Chennai stock exchanges within India
and its GDRs on the Luxembourg Stock Exchange.
BSA and Hercules are two of the leading brands of bicycles from TI Cycles in the Indian
market. Recently, the company has entered the growing fitness equipment segment in order to
cater to the contemporary consumer needs. With a network of around 1500 direct dealers and
more than 10000 indirect dealers TI Cycles has a nationwide presence. A pioneer in the market,
TI Cycles has constantly come up with new trends in line with evolving consumer needs. With the
changing RETAIL environment, TI Cycles has introduced 'BSA GO' stores, which have
revolutionized the bicycle outlet in India. A one-stop premium shop for all bicycling and fitness
requirements, BSA GO has a customer friendly ambience which serves as a model for other
bicycle outlets in the country.
TIDC India
TIDC is one of India's leading manufacturers of power transmission chains for the industrial,
automotive and agricultural segments. The company was established in 1960 and today is the
undisputed market leader in both the industrial and automotive chains. The company made a foray
into fine blanking in line with its vision of becoming a prominent global player in power
transmission components, and is now a major supplier of FB components to the automotive
industry. Currently, about 45 per cent of the company's turnover is from exports and this is an
indication of its growing global presence.
TIDC exports chains under the brand name 'Rombo'. Its chains have gained recognition in
Europe, the US, Japan, South America and Asian markets for high quality and reliability. Over 50
per cent of the chains exported are for special applications. In the domestic market the 'Diamond'
brand chains cater to a range of two wheelers and industrial OEMs. TIDC also services the after-
market with kits and chains through a well-established distribution network and warehouses.
TI Metal Forming
TPI is India's undisputed market leader in cold drawn welded (CDW) steel tubes. Set up in
1955, the company produces precision steel tubes, CR strips and high strength tubular
components that cater to the demanding needs of the automobile, general engineering, boiler,
white goods and fine blanking industries. A TS16949 and ISO 14001 certified company, TPI is
the preferred supplier of precision welded tubes to major automotive companies in India and
abroad.
Today, TPI is the preferred supplier of precision tubes, Electric Resistance Welded (ERW)
and Cold Drawn Welded (CDW), to major automotive companies in India and abroad. TPI is
India's undisputed market leader in CDW tubes to the Auto-motive industry. It has also
significant market presence in power plants, boiler, textile machinery, general engineering. It is
the Market leader in Telescopic Front Fork Inner tubes and Cylinder bore tubes for shock
absorber and gas spring applications, Propeller shaft tubes for Automotive segment. Other
Specialty products include Rear Axle Tubes, Side Impact Beams, Tie Rods, Drag links, Heavy
thick steering shafts and Hydraulic Cylinder tubes. The International Business Division (IBD)
was formed to focus on international markets, gearing TPI to compete with global tube
manufacturers. The most recent addition to TPI is the Tubular Components Division (TCD),
which manufactures high strength tubular auto components, providing the advantage of weight
reduction, higher component efficiency and cost reduction.TPI produces a wide range of CRCA
strips including special extra deep drawing, high tensile, medium carbon, high carbon finding
application in industries such as Bearings, Automobile, Auto Ancillaries, white goods, fine
blanking and GeneralEngineering.TPI has been supplying to customers such as Bajaj Auto
Ancillaries, TVS Motors Ancillaries, Hero Honda Ancillaries, Tata Motors, Toyota India,
Delphi, Gabriel, Escorts, and Endurance. Its success stems from market driven, customer
oriented approach coupled with superior process design, short product development cycle
delivering high quality products and efficient customer service ensuring total customer
satisfaction.TPI has Integrated manufacturing facilities at Chennai (Two tubes plants and one
strips plant at Avadi and one at Ambattur), Shirwal & Mohali.. These plants conform to
international standards and achieve operational excellence through TPM. TPI has distribution
centers across India, which ensures timely service to the customers daily requirements.
TPI has received ISO-TS 16949 for all plants, ISO 9001: 2000 for all plants, ISO
14001:2004 for Avadi & IBD Plants, Self-certification for boiler tubes by the central boiler
board. TPI is the Winner of the Sword of honour for outstanding safety performance from the
British Safety council. Tubular Components Division(TCD), a plant of TPI, has won Supplier
Performance Award 2007-2008. Timely delivery, top notch quality and excellent service have
been key for the division for winning this award.
BOARD OF DIRECTORS:
A Vellayan
M M Murugappan
N Srinivasan
Sridhar Ganesh
Sridhar Ganesh is the Director-Human Resources of the Murugappa Corporate Board and
Lead Director of the Diversified Business Group (DBG). He is a graduate in Physics, and holds
a post graduate diploma in Management from IIM, Kolkata. He has over 30 years of experience
in varied facets of human resource management, at both operational and strategic levels. He
started his career with GuestKeen Williams Limited in Kolkatta and then had a stint with Metal
Box prior
to joining Berger Paints as head of personnel. He subsequently moved to Mumbai to join
Cadbury India as their Director-HR and was a member of the board. In 2002, hewas appointed
HR Director for the Africa, India and the Middle-East region based in the UK. His area of work
and interest in recent times is on coaching for performance and performance related areas. Prior
to joining the Group, he was Director-Learning& Development, Cadbury Schweppes plc-
Europe, Middle-East and Africa.
Ravichandran
FIND. He was promoted as Whole time Director in 2004and took over as Managing Director
of the company in 2006.
Ravichandran
V Ravichandran is the Lead Director - Fertilizers and Sugars of the Murugappa Corporate
Board. He is also the Managing Director of Coromandel International. He is an Engineering
Graduate with a Post Graduate Diploma in Management from IIM, Ahmedabad. He is also a
Cost Accountant and a Company Secretary. After a brief stint with Ashok Leyland, he joined the
Group in Oct 1985 in EID Parry. Ravichandran served with distinction in the Finance function
of EID Parry, in the Farm Inputs Division (FIND), in Corporate and in businesses such as
Confectionery. He took up a general management role as GM-Pesticides in 1994. In2003, with
the merger of FIND and Coromandel Fertilizers Ltd (CFL) he moved to CFL as Vice President
FIND. He was promoted as Whole time Director in 2004and took over as Managing Director
of the company in 2006.
Venkatraman Thyagarajan
Venkatraman Thyagarajan is the non-executive External Director of the Murugappa
Corporate Board. He is the Vice Chairman of GlaxoSmithKline, India and the Senior Vice
President and Regional Director of GlaxoSmithKline, Asia Pacific. Prior to this role, he was the
Vice President of South Asia since 2001. In his endure of over 36 years with the company, he
has held numerous senior positions throughout his career. He is also an independent director of
Tata Consultancy Services Limited and chairs PHRMA for Asia. He has a B.Tech degree in
Electrical Engineering and is an alumnus of Indian Institute of Management Ahmedabad
Deepak Satwalekar
Deepak Satwalekar is the non executive External Director of the Murugappa Corporate
Board. He holds a bachelors degree in technology from IIT Mumbai and a masters degree in
business administration from American University, USA. He is currently the managing director
and CEO of HDFC Standard Life Insurance Company Ltd. He is also on the board of several
companies, including HDFC Ltd, Asian Paints (India) Ltd and Infosys Technologies Ltd.
Sridar Iyengar
Sridar Iyengar is a non executive External Director of the Murugappa Group Corporate
Board. Prior to this, Sridar was CEO of KPMG LLP and later became a Partner and was
instrumental in setting up KPMG‟s operations in India. A founding charter member of TIE (The
Indus Entrepreneurs), he has been President of both the Silicon Valley and Global branches of
the group and remains active with TIE India. He is also involved in the American India
Foundation and the Foundation for Democratic Reforms in India. Sridar has spent 35 years in
global business and brings to the Board his rich international experience. He serves on the
Boards of Infosys Technologies, ICICI Bank, and Rediff.com, among other companies in the
U.S. and India. He holds a bachelors degree in Commerce (Honours) from the University
of Calcutta and is a Fellow of the Institute of Chartered Accountants in England and Wales.
HIERARCHY OF THE COMPANY
ACTIVES OF THE COMPANY
Manufacturing
We are one of the oldest chain manufacturers who have been constantly innovating in
terms of manufacturing processes. We have a team of nearly 50+ engineers constantly
working to produce the best chains.
Chains
Sprockets
TIDC is one of the leading manufacturers of power transmission chains for industrial,
automotive and agricultural segment.
TIDC was established in 1960 and today is the undisputed market leader in power
transmission products. With its entry into fine blanking, TIDC is also moving up the
value chain, from component suppliers to system suppliers.
TIDC has plants in Chennai, Hyderabad and has set up a new manufacturing facility
in Uttarkhand. TIDC has 13 warehouses across India to ensure smooth supply of
material to customers. With a wide network of 160 dealers spread all over the country
for automotive and industrial applications, TIDC offers products off-the-shelf to
customers across India.
TIDC also has a strong global presence, with products being exported to over 30
countries and 35% of the total turnover coming from export sales. The company has
opened an office in USA to service .
In USA and Europe. Over 50% of the chains exported are for special applications to
global OEMs in various industries including Cement, Fertilisers, Material handling etc.
TIDC is also the market leader in India for industrial power transmission and
conveyor chains, and caters to OEMs and distributor markets. Benefits - customers get
through TIDC Diamond chains. Shortest possible time to market, as TIDC has in
house Design & Development.
Developing and sustaining the pinnacle of outstanding manufacturing and
production capabilities We at TIDC India believe in excellence and innovation
while manufacturing our state-of-the-art products. We have a team of over 150+
engineers who showcase their talents and utilize their skills to produce over 3000
varieties of industrial and automotive chains. The company has established a name
of its own in
Types of chains
Standard Roller Chains.
Attachment chain
Spike attachment
Welded attachment with Teflon washer
Welded attachment
Special attachment
Redler attachment
Hollow chain
Accumulator chain
Timing chain/ Cam chain
Work standard special chain
Conversion resistant chain
Let chain
Intended pin chain
Attachment Chainhains
Standard Roller Chains
Standard Roller Chains
There are various kinds and sizes of chains are manufactured here. Following are the
some of the chains produced in TIDC India Ltd:
OBSERVATION OF THE COMPANY
TIDC India is one of the India’s leading manufacturers of power transmission chains for the
industrial, automotive and agricultural segments. The company was established in 1960 in
collaboration with Diamond Chain Co, USA, and today is the undisputed market leader in both
industrial and automotive chains. With its entry into fine blanking, TIDC is also moving up the
value chain, from component suppliers to system suppliers.
The company made a foray into fine blanking in line with its vision of becoming a prominent
global player in power transmission components, and is now a major supplier of Fine Blanking
components to the automotive industry. Currently, about 45 percent of the company’s turnover
is from exports and this is an indication of its growing global presence.
TIDC exports chains under the brand name ‘Rombo’. The chains have gained
recognition in Europe, the US, Japan, South America and Asian markets for high quality and
reliability. Over 50 percent of the chains exported are for special applications. In the domestic
market the ‘Diamond’ brand chains cater to a range of two wheelers and industrial OEMs.
TIDC also services the after-market with kits and chains through a well-established
distribution network and warehouses
TIDC offers customers complete drive solutions - from design, selection, supply of sprockets
and chains to after sales support. The company’s brands, Diamond (in India and SAARC
countries) and Rombo (rest of the world) are known for quality and reliability.
TIDC has plants in Chennai, Hyderabad and has set up a new manufacturing facility in
Uttarkhand. TIDC has 13 warehouses across India to ensure smooth supply of material to
customers. With a wide network of 160 dealers spread all over the country for automotive and
industrial applications, TIDC offers products off-the-shelf to customers across India.
TIDC also has a strong global presence, with products being exported to over 30 countries
and 35% of the total turnover coming from export sales. The company has opened an office in
USA to service customers in this market. TIDC India’s international customers are also serviced
through warehouses in USA and Europe.
Over 50% of the chains exported are for special applications to global OEMs in various
industries including cement, fertilisers, material handling and construction equipment. TIDC is
also the market leader in India for industrial power transmission and conveyor chains, and caters
to OEMs and distributor markets.
TIDC India has won the Golden Peacock Award for quality and has obtained commendation
certificate for CII - Exam Business Excellence and received Best Vendor Awards from
automotive OEMs
Manufacturing
• Chains
• Sprockets
Types of chains
There are various kinds and sizes of chains are manufactured here. Following are the
some of the chains produced in TIDC India Ltd:
Roller chain or bush roller chain is the type of chain drive most commonly
used for transmission of mechanical power on many kinds of domestic, industrial
and agricultural machinery, including conveyors, wire- and tube-drawing
machines, printing presses, cars, motorcycles, and bicycles.
• Attachment chain
The roller chain attachment and other types of attachment chains are typically
used for applications where the main drive or primary chain is too long to suit the
job. The attachment chain can be used to connect two different-sized drives
together or even to connect one drive to another drive.
• Spike attachment
Spiked chains were a length of metal chain whose last few links on each end
were enlarged and enhanced with spikes. The length and size of these links were
usually proportional to the size of their wielder in order to ensure
optimal performance.
• Welded attachment with Teflon washer
• Welded attachment
Welded and drawn tubing offers improved concentricity, and tighter tolerances
compared to seamless tubing, and temper ranging from annealed to full hard. The
process begins with strip stock that is run through a series of rollers that form the
flat strip into a round tube.
• Special attachment
an act of attaching or the state of being attached. a feeling that binds one to a
person, thing, cause, ideal, or the like; devotion; regard: a fond attachment to his
cousin; a profound attachment to the cause of peace.
• Redler attachment
The Redler conveyor or drag chain, is mainly characterized for its great capacity
for, preferably, horizontal transport over long distances of a high percentage of
bulk materials, that could be: cereals, seeds, flours and definitively any grain
product, allowing unloading throughout its length.
• Hollow chain
Hollow gold chains are made with a thin gold shell and are less dense than solid
gold chains. Conversely, solid gold chains are heavier and more durable but tend
to cost more due to the higher amount of gold in the chain.
Accumulator chain
Accumulator chains are employed when goods must be conveyed, accumulated,
accelerated again and then separated in a simple and gentle manner.
Rubber chain
Free radicals produced by heat, oxygen and light combine to form new
crosslinks, which reduces flexibility and leads to hardening. This is chain
hardening. Natural rubber (polyisoprene) and other isoprene polymers, on the
other hand, are susceptible to chain scission.
Self-tube chain
Chain conveyors are used for moving products down an assembly line and/or
around a manufacturing or warehousing facility. Chain conveyors are primarily
used to transport.
O-ring chain
O-ring chains are self-lubricating and help seal the lubricant inside the links
of the chain to keep the pins moving freely. This helps avoid the metal-on-
metal friction that the non-O-ring chains are plagued by. The seals ensure that
dust and debris are kept away from the inner parts of the chain.
Conveyor chain
41
A conveyor chain is chain that has been designed specifically for chain
conveyor systems. It consists of a series of journal bearings that are held
together by constraining link plates. Each bearing consists of a pin and a bush
on which the chain roller revolves.
Testing laboratories
Metrology lab
Metallurgy lab
42
TIDC India Certifications
TIDC India has received the 'Commendation Certificate for Strong Commitment
to Excel' in 2004. This commendation was from the CII-Exam Bank Award Committee and
is a reflection of the strong passion and commitment present at all levels in the organization.
1) Automotive:
o Drive and Cam chains for Motorcycles
o Timing chains and
o sprockets.
2) Industrial:
43
o Power Transmission chains-ANSI &British Standards
o Engineering class chains
o Agricultural Chains
3) Fine Blanking:
o Transmission
o Engine parts for 4 wheeler
o 2 wheelers.
Manufacturing Locations:
44
o Honda Motorcycle &Scooter India
o BHEL
o Bajaj Auto Ltd
Beginning with the design phase, purchase and inspection of raw materials, vendor
management, work instructions and going on to cover all processes in manufacturing,
packing and inspection before delivery. We follow stringent procedures when it comes
to traceability of products and reviews of customer feedback. No wonder our chains
go on world class equipment’s such as harvester Combines, Balers, Skid steers, and
Marine travel lifts, Fork Lifts, Tele Boomers, Pavers, and Motor Graders. Industries
using cement, Power, Fertilizer, Food processing, packaging, steel machinery, mining,
printing, textile & sugar.
OBSERVATION IN DEPARTMENT
FINANCE DEPARTMENT
Finance department manages a firm’s long-term and day-to-day monetary
operations and strategy. Finance groups oversee incoming and outgoing payments,
budget creation, cash management (treasury), accounting, financial reporting and
many other tasks related to the finances of the company. Finance organization size
varies based upon total company-wide head count, company revenue, industry, and
overall business strategy. Head of the finance department in TIDC INDIA .
45
MONTHLY INFORMATION SYSTEM (MIS):
The purpose of giving information to management is like:
Sales budget vs actual
Business trend
Locking of fund
Expense detail
COST:
FIXED ASSTES:
Capes and FA related all their new business of green field.
PAYABLES:
Bills accounting
Payment process
BRS
46
Payroll salary
TDS( both employee and supplier)
RECEIVABLES:
Receivables are based on the schedule for selling raw materials for customer. Every
customer has a payment schedule for dues based on their customer will pay the money.
The following activities for major:
Maintaining of customer accounts
Customer account reconciliation
Outstanding review
Cash flow collection plan
MARKETING DEPARTMENT
Marketing department is responsible for promoting the products, ideas and mission of the
enterprise, finding new customers, and reminding existing customers who are in business. It
organizes all the activities that are concerned with marketing and promotion. It may consists
of a single person or a group of people working in a hierarchal system who are responsible
for bringing the product of the business to the attention of its targeted customers. Since this
department is the key to the revenue and business activity, it requires people who have the
skills for dealing with people and understanding that they require. There is no hard and fast
rule to the organization of a marketing department, which depends entirely upon the needs
of the business, its size and the amount of money that it wants to spend on marketing.
Market connect
47
Flyers: Flyers are athlete print
Call centre: It is based upon the agreement
Market Engagement
Market communications
Digital marketing
Digital marketing is the component of marketing that uses the internet and online based
digital technologies such as desktop computers, mobile phones and other digital media and
platforms to promote products and services. TIDC INDIA has started digital marketing last 2
years ago. They are active in facebook, youtube and linkedin.
48
Pricing strategies
Price for the product is fixed based upon the demand for the product in market,manpower
in the organization, cost of raw material, etc.
49
SUMMARIZING THE PROJECT EXPERIENCE
50
The importance of a project summary:
Today, TIDC is the most preferred supplier of precision tubes, electric Resistance
Welded(ERW) and cold drawn welded (CDW), to major automotive companies in India and
abroad. TIDC is India's undisputed market leader in Chains for the automotive
industry. It also has significant market presence in power plants, boiler, textile machinery,
general engineering. It is the market leader in telescopic front fork inner tubes and cylinder
bore tubes for shock absorbed and gas spring applications, propeller shaft tubes for
automotive segment. Other specialty products include rear axle tubes, side impact beams, tie
rods, drag links, heavy thick steering shafts and hydraulic cylinder tubes.
In this article, we will provide you with various example project summary report
templates for different scenarios so that you don’t have to create your own report from
scratch. On top of this, some good practices and writing tips will be shared to help you tailor
the key elements of each project summary to your own needs and your project management
game in the process.
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FINDING AND SUGGESTION DURING INTERNSHIP WORK
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Most of workers belong to the Fine Blanking Department
Majority of the employees belong to age group of 26-35 years when sorted out
according to their age
Majority of the employees were Female.
Majority of the employees had 0-5 years of experience.
Majority of the employees were married in the organization.
Majority of workers agreed that they are motivated by the work environment in
the organization.
Majority of workers agreed that the working condition in the organization were
satisfying.
Majority of workers strongly agreed that the Supervisor/Senior authority
constantly motivated them in the organization.
Majority of workers agreed that the superior were supportive in clarifying the
doubts regarding the work
Majority of workers agreed that the training given by the organization had helped
the employees to develop new skills.
Majority of workers agreed that the training program were designed to update the
skills and knowledge of the employees.
Majority of workers agreed that the training given by the management bridges the
gap between the employees ability and work requirement.
Majority of workers agreed that the safety precautions given by the trainer
regarding work helped to reduce accidents.
Majority of workers agreed that the organization has provided adequate
infrastructure facilities to the employees
Majority of workers agreed that the canteen facilities provided at the organization
were satisfying.
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Majority of workers agreed that the work which they engaged with were very
comfortable and satisfying.
Majority of workers agreed that the organization treats the employees with good
respect.
Majority of workers agreed that the organization had provided work according to
the employee’s capacity.
Majority of workers agreed that the grievance aroused were duly addressed by the
organization.
Majority of workers agreed that the relationship with other employees in
the organization were satisfying.
Majority of workers said that the stress management or stress reduction program were very
helpful.
Majority of workers said that the organization had provided all the guidance and
facilities to get the work done from the employees
Majority of workers agreed that the training opportunities had helped in
improving the quality of work life.
Majority of workers agreed that the safety were always been given priority by the
organization to the employee‟.
From the ANOVA test there is no significant difference between experience and
training program in updating the skills and knowledge.
From the chi-square test there is no significant difference between experience and
feedback on stress management or stress reduction program.
From the weighted average method it is been identified that the workers are more
satisfied with the restroom facilities.
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SUGGESTIONS
1. The communication gap between the superior and subordinates needs to be bridged.
2. Continuous training has to be given to the employees in order to improve their efficiency.
3. Effective training program should be given to the employees to increase their quality of
work life and also to match the employee’s ability and work requirement.
4. The infrastructure and canteen facilities can be further improved.
5. The employees can be given work according to their ability.
6. More awareness and extra safety precaution can be given.
7. The grievance needs to be redressed effectively.
8. Proper appreciation in the way monetary and non- monetary at regular intervals to the
employee based on their performance will motivate them to improve more.
9. The stress management or the stress reduction program can be carried out in more
effective way.
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CONCLUSION
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The quality of work life is a crucial aspect that significantly impacts the well-being,
satisfaction, and productivity of employees. It is essential for organizations to prioritize
their employees' quality of work life by creating a positive work environment that fosters
a healthy work-life balance, provides opportunities for personal and professional
growth, values employees' contributions, and ensures fair compensation and benefits.
Employers who fail to address their employees' quality of work life needs risk losing
their top talent to competitors who offer a better work environment. Therefore,
organizations must prioritize improving their employees' quality of work life to achieve
higher levels of productivity, lower absenteeism, and lower turnover rates, leading to
improved organizational performance and success.
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