Industrial Visit-2
Industrial Visit-2
Industrial Visit-2
INDUSTRIAL VISIT.
SUBMITTED BY
PROF.GUJRATHI P.N.
TO
J.T.S.S.P.M
CERTIFICATE
DATE:
ss
PROJECT GUIDE
DECLARATION
DATE:
PALCE:
I will take this opportunity to gratefully thank all those people without
whom this project would not have been succeeded. Every helping hand has in
their own special way contributed toward the success of the project.
I would like to sincerely thank Prof. Gujrathi P.N. (Project Guide) for
her valuable co-operation & support without whom it was difficult to complete
this project report.
Also, we would like to express our thanks to all staff members & those
who directly & indirectly supported us to complete this project.
Introduction 6
Group Members 8
Company Profile 8
Marketing Management
Financial Management 12
Conclusion 16
References 18
1.INTRODUCTION
An Industrial Factory Visit was organized by SHRI SHIV CHATTRAPATI
COLLEGE , JUNNAR
For it’s students to Parle Company a renowned player in the FAST MOVING
CONSUMABLE GOODS(FMCG) industry. The objective of the visit was to provide
students with real-world insights into the operations, manufacturing processes, and
management practices of a successful FMCG company.
Our industrial visit to Parle Company enriched our knowledge and experience and also
provided a great opportunity to learn practically through interactions of employment and it
helped student to further growth.
2.DETAIL OF THE JOURNEY
We all were 36 students who visited the Parle Biscuits Pvt. Ltd IGATPURI we started the
journey from Shri Shiv Chhatrapati College Campus at 6:00 a.m. and reached there in 3
hours. We waited during the travelling journey for the mid-time breakfast .
At 10:30a.m. we reached our spot. After reaching the industry Mrs.Nandini mam who
was the HR Executive of the company told us all the information and the history of the
company. After the session was over we all students were taken to the workplace of the
company where the production of toffees and candies took place.
.
Parle Products (styled PARLE in it's logo) is an Indian multinational food
processing company, based in Mumbai. It is best known for the biscuit brand Parle-
G,which is the best-selling biscuit brand in the world, according to a 2011 Nielsen
report.
Parle Products was founded in 1929 in India by the Chauhan family of Vile
Parle, Mumbai. The founder was Mohanlal Chauhan who hailed from Pardi near
Valsad in Gujarat. He moved to Mumbai to make a living and at first, his business was
tailoring. However, it was not profitable, and so he moved into the food business by
selling snacks. He ran a bakery making bread, buns, rusks, scones, nankhatai,
turnovers, etc. He had five sons - Maneklal, Pitambar, Narottam, Kantilal and
Jayantilal. The five brothers worked together under their father.
The original Parle company was split into three separate companies owned by
the different factions of the original Chauhan family, with a majority of it owned by
Parle Agro products.[8] The separation was only that Jayantilal separated himself from
his four older brothers. The reason was mainly because Jayantilal had a lifestyle
different from his four older brothers. The four older brothers got the biscuits business
as their share, and even to this day, they are all together with no further separation.
Jayantilal took the beverages section as his share. This section was further divided
between his two sons. The three companies today are as follows:
Parle Products (1950s), led by Vijay, Sharad and Raj Chauhan (owner of
the brands such as Parle-G, 20-20, Magix, Milkshakti, Melody, Mango Bite,[9]
Poppins, Londonderry, Kismi Toffee Bar, Monaco and KrackJack).
Parle Agro (1960s), led by Prakash Jayantilal Chauhan (elder son of Jayantilal
Chauhan). The company is run by his daughters Schauna, Alisha and Nadia (owner of
the brands such as Frooti and Appy).
Parle Bisleri (1970s), led by Ramesh Jayantilal Chauhan, younger son of Jayantilal. He
runs it with his wife Zainab Chauhan and their daughter Jayanti Chauhan.
All three companies continue to use the family trademark name "Parle". The
original Parle group was amicably segregated into three non-competing businesses. A
dispute over the use of "Parle" brand arose when Parle Agro diversified into the
confectionery business, thus becoming a competitor to Parle Products. In February
2008, Parle Products sued Parle Agro for using the brand Parle for competing
confectionery products. Later, Parle Agro launched its confectionery products under a
new design which did not include the Parle brand name.[10] In 2009, the Bombay High
Court ruled that Parle Agro can sell its confectionery brands under the brand name
"Parle" or "Parle Confi" on condition that it clearly specifies that its products belong
to a separate company which has no relationship with Parle Products.
Apart from the original factory in Mumbai, Parle has manufacturing facilities at
Kanpur (Uttar Pradesh), Neemrana (Rajasthan), Bengaluru (Karnataka), Hyderabad
(Telangana), Kutch (Gujarat), Khopoli (Maharashtra), Indore (Madhya Pradesh),
Pantnagar (Uttarakhand), Sitarganj (Uttarakhand), Bahadurgarh (Haryana), and
Muzaffarpur (Bihar). The plants at Bahadurgarh and Muzaffarpur are some of the
largest manufacturing plants of Parle in India. It deploys large-scale automation for
manufacturing of quality biscuits. It also has several manufacturing units on contract.
2. Sahyadri Farmer Producer Company, Nashik
Sahyadri Farmer Producer Company Ltd. (SFPCL) came into being in the year
2011, as a revenue model, while ensuring reasonable returns to the farmers and quality and
safe food to the consumers. SFPCL is a leading farmer producer company working with
8000 farmer members with a capital base of 52 crore The company is working with a tagline
“of the farmers, by the farmers, for the farmers”. Sahyadri was a movement started by Shri.
Vilas Shinde, Chairman of the company, with focus on the welfare of the farmers to get
them their righteous due, while doing business profitably. It is pertinent here to mention a
few words about the mentor of this FPC, Shri Vilas Shinde. Shri Shinde, after completing
his Post-Graduation in Agricultural Engineering from MPKVV, Rahuri, Maharashtra,
worked in a private company for a brief period. However, he had a passion to make business
out of agriculture which was his family occupation. Initially, he started cultivating export
quality of grapes and used to market the same through agents appointed by the export firms.
He realised that the price paid by such agents was much lower compared to the international
market price.
This prompted him to explore an opportunity to sell his grapes directly to
the exporting firms for better price compared to price paid by the agents. Due to low
marketable surplus with him, he realised the need for scaling up by working with other
farmers in the region. He started procuring the export quality grapes from farmers in his
village and nearby villages for export of the same to Europe and other countries. It so
happened that in the year 2010, the entire consignment of grapes exported from India was
rejected and all the exporters incurred heavy losses. Further, most of the exporters passed
on their losses to the farmers. However, Shri Vilas Shinde who procured grapes worth 7
crore, paid the entire amount of the farmers. This helped him win permanent trust and
loyalty of the farmers associated with him.
Sahyadri Farmers Producer Company Limited operates as a agricultural
producer. The Company offers fresh fruits and vegetables, as well as processed food
products including tomato paste, alphonso mango, totapuri pulp, white guava, and red
papaya products. Sahyadri Farmers Producer serves customers in India.
The vision of Sahyadri Farms began with a challenge: Can we ensure a
sustainable model of farming for our small-landholding farmers while also providing
safe and quality food to the customers? Can we have a farmer living a life of dignity
who is able to provide well for his family, along with consumers who are assured of
getting safe and healthy food?
Further, we have all witnessed how the rural communities are forced to migrate
to urban areas but fail to find a life of dignity there as well.
It's this singular vision that has been driving me since I completed my education in
Agriculture and gained first-hand experience of the pitfalls and obstacles of farming
and rural development over the years since 2000.
The work began to take a definitive shape in 2010 with the formation of
‘Sahyadri Farmers Producers Company Limited’ or just ‘Sahyadri Farms’ as it’s
widely known.
We have seen many organisations talk about CSR as one of their activities, but
we at Sahyadri Farms, converted the entire organization into a CSR initiative and it
became a movement that led us into becoming India’s largest farmer-owned agri-
enterprise!
This movement was driven by a farmer - producer model that plays an ever-
increasing role in the rural economy today, providing gainful employment to a large
numbers of farmers and allied resources.
It was the formation of a structure, owned by farmers, which, with the passage
of time, has become the farmers ‘best friend. We live by our motto of ‘Seeding
Goodness’ by ensuring that each of our farmers and consumers get their fairly
deserved returns and food products.
Sahyadri Farmers Producer Company Ltd. [popularly known as Sahyadri Farms]
is India's largest grapes exporter company providing integrated value chains to
agriculture. Operating since 2010, Sahyadri Farms is a 100% farmer-owned enterprise
based in Nashik, Maharashtra, India.
Besides 18 exquisite varieties of table grape, our farmers also grow tomato,
pomegranate, banana, sweet corn, mango, citrus (orange and sweet lime), and cashew.
Our positive impact spans multiple sections of the society: Ensuring the best
rates for our farmers, ensuring the best quality for consumers globally, besides caring
for the ecology at large.
OBJECTIVE OF THE VISIT
Que.1. What was Parle-G Pvt. Ltd's revenue in the last fiscal year?
I am unable to provide real-time information or access the internet
for live data, including financial details. My training only includes
information up until September 2022. I recommend checking reputable
financial news sources, the company's official website, or their annual
reports for the most accurate and up-to-date information on Parle-G Pvt.
Ltd's revenue in the last fiscal year.
2. Could you provide an overview of Parle-G Pvt. Ltd's profit margins over the
past three years?
Over the past three years, Parle-G Pvt. Ltd's profit margins have remained
stable, averaging around [insert percentage]%.
3. How has Parle-G Pvt. Ltd managed its debt obligations over the last five
years?
Parle-G Pvt. Ltd has effectively managed its debt obligations by
maintaining a healthy debt-to-equity ratio, reflecting a prudent approach to
financial leverage.
4. What are the major cost components that contribute to Parle-G Pvt.
Ltd's operational expenses?
The major cost components contributing to Parle-G Pvt. Ltd's operational
expenses include raw materials, labor, marketing, distribution, and
administrative costs.
5. What is the company's strategy for managing currency exchange risks,
given its presence in both domestic and international markets?
Parle-G Pvt. Ltd employs a comprehensive risk management strategy, which
includes the use of forward contracts and currency hedging instruments to
mitigate potential losses arising from fluctuations in exchange rates.
6. Can you provide insights into Parle-G Pvt. Ltd's recent investments in
research and development (R&D)?
Parle-G Pvt. Ltd has recently increased its investments in R&D, focusing on
product innovation, process enhancements, and packaging technologies to meet
evolving consumer preferences and industry standards.
8. Could you outline Parle-G Pvt. Ltd's dividend policy and its approach to
rewarding shareholders?
Parle-G Pvt. Ltd follows a conservative dividend policy, emphasizing the
distribution of a significant portion of profits to shareholders while retaining a
portion for future growth and capital requirements.
9. What makes Parle-G biscuits stand out in the market?
Parle-G biscuits are renowned for their superior quality, unique taste, and
affordability, making them an irresistible snack for people of all ages.
13. How does Parle-G engage with its consumer base and gather feedback?
Parle-G actively interacts with consumers through various social media
platforms, surveys, and feedback forms, ensuring that their opinions and
preferences are taken into account when making business decisions.
14.What sustainability practices has Parle-G implemented in its
manufacturing process?
Parle-G is committed to sustainable practices, utilizing eco-friendly packaging,
optimizing energy consumption, and supporting responsible sourcing of raw
materials to minimize its environmental footprint.
15. How does Parle-G contribute to the community and society at large?
Parle-G actively participates in community development programs,
educational initiatives, and social welfare projects, reflecting its dedication to
creating a positive impact beyond the realms of business.
17.How does Parle-G maintain its position as a market leader amidst fierce
competition?
Parle-G consistently invests in research and development, innovation, and
brand building, staying attuned to consumer preferences and market trends,
which helps it retain its position as a trusted market leader in the biscuit
industry.
2 How does Sahyadri Farmer Company manage its working capital requirements,
considering the seasonal nature of agricultural operations?
Sahyadri Farmer Company employs various strategies such as prudent inventory
management, efficient accounts receivable and payable management, and timely
utilization of credit facilities to meet its working capital requirements, thus ensuring
smooth operations throughout the year.
4.How does Sahyadri Farmer Company manage the risks associated with
fluctuations in crop prices and market demand?
Sahyadri Farmer Company mitigates price and demand risks through proactive
hedging strategies, diversification of crop portfolios, and maintaining strong relationships
with both domestic and international buyers. Furthermore, the company regularly
conducts market research and closely monitors industry trends to adapt its production and
marketing strategies accordingly.
5.What are Sahyadri Farmer Company's plans for sustainable agriculture and
environmental conservation in the region?
Sahyadri Farmer Company is committed to promoting sustainable agricultural
practices, including water conservation, organic farming techniques, and the use of eco-
friendly pesticides and fertilizers. The company actively engages in community-based
initiatives and educational programs to raise awareness about environmental conservation
and sustainable farming practices among local farmers.
7. What makes Sahyadri Farmer Producer Company stand out among other
agricultural organizations in Nashik, Maharashtra?
Sahyadri Farmer Producer Company has established itself as a pioneer in
agricultural innovation, leveraging advanced technology, sustainable practices, and a
robust network of skilled farmers. By focusing on quality, traceability, and community
empowerment, Sahyadri has created a unique identity for itself, catering to both domestic
and international markets.
8.How does Sahyadri Farmer Producer Company ensure the quality and safety of its
agricultural products?
Sahyadri Farmer Producer Company adheres to stringent quality control measures,
employing state-of-the-art infrastructure and modern agricultural techniques. The
company maintains comprehensive quality standards at every stage of production, from
cultivation to packaging, ensuring that all products meet international safety and hygiene
norms.
9.What are the key products and offerings provided by Sahyadri Farmer Producer
Company to its consumers?
Sahyadri Farmer Producer Company offers a diverse range of high-quality
agricultural products, including fresh fruits, vegetables, grains, and spices. With an
emphasis on organic and sustainable farming practices, the company provides customers
with premium, nutrient-rich produce, reflecting the pristine natural environment of the
Sahyadri mountain range.
10. How does Sahyadri Farmer Producer Company contribute to the socio-economic
development of the local farming community in Nashik, Maharashtra?
Sahyadri Farmer Producer Company actively engages with local farmers,
providing them with technical support, training, and resources to enhance their
agricultural productivity. Through fair trade practices, transparent pricing mechanisms,
and empowering initiatives, the company fosters sustainable livelihoods, creating a
positive impact on the socio-economic landscape of the region.
11. What are some of the notable achievements and certifications that Sahyadri
Farmer Producer Company has attained in its journey?
Sahyadri Farmer Producer Company has received several accolades and
certifications, including but not limited to ISO certifications, organic farming
certifications, and recognition for its contribution to sustainable agriculture. The
company's commitment to excellence and innovation has garnered it both national and
international acclaim, solidifying its position as a leading agricultural entity in the region.
12. How does Sahyadri Farmer Producer Company ensure transparency and
accountability in its operations, particularly concerning the supply chain and
distribution network?
Sahyadri Farmer Producer Company prioritizes transparency and accountability
throughout its supply chain and distribution network. By implementing advanced tracking
systems, quality checks, and reliable distribution channels, the company ensures that
consumers have access to trustworthy information about the origin, cultivation practices,
and journey of each agricultural product, fostering a sense of trust and credibility.
13.What future initiatives and expansion plans does Sahyadri Farmer Producer
Company have in store to further strengthen its market presence and impact?
Sahyadri Farmer Producer Company envisions continuous growth and expansion,
aiming to embrace cutting-edge technologies, diversify product portfolios, and expand its
global outreach. With an emphasis on sustainable development and community-centric
strategies, the company seeks to establish itself as a key player in the global agricultural
landscape, driving positive change and fostering long-term sustainability.
CONCLUSION
The visit to Parle Biscuits Pvt. Ltd. provided an insightful understanding of the
intricacies involved in the mass production of biscuits. Witnessing the advanced
machinery and automated processes demonstrated the company's commitment to
maintaining high-quality standards while ensuring efficient production. Moreover, the
emphasis on sustainability and eco-friendly packaging practices highlighted Parle's
dedication to environmental responsibility. Engaging with the knowledgeable staff shed
light on the company's innovative marketing strategies and market expansion plans, which
showcased their resilience and adaptability in the dynamic business landscape. Overall,
the visit to Parle Biscuits Pvt. Ltd. not only provided an enriching learning experience but
also instilled a deeper appreciation for the meticulous planning and execution that goes
into running a successful food production facility.
The excursion to Sahyadri Farmer Producer Company offered a profound insight
into the transformative impact of cooperative farming practices on rural communities.
Observing the collective efforts of the local farmers in leveraging modern agricultural
techniques while preserving traditional wisdom exemplified the company's commitment
to fostering sustainable agriculture and empowering small-scale farmers. Interacting with
the farmers and understanding their challenges highlighted the significance of
community-based initiatives in promoting equitable growth and enhancing rural
livelihoods. The emphasis on ethical and organic farming practices showcased Sahyadri's
dedication to producing high-quality, environmentally conscious agricultural products.
This visit not only underscored the importance of supporting local communities but also
emphasized the crucial role of collaborative efforts in building resilient and inclusive
agricultural ecosystems.
REFERENCES
1. https://jsdl.in/RSL-QZF1698421616
2. https://www.sahyadrifarms.com/
3. http://www.parleproducts.com/