SUMMER INTERNSHIP REPORT

22MBP41

Submitted by

RUDRA MOORTHI S R
23MBR080

in partial fulfilment of the requirements for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

DEPARTMENT OF MANAGEMENT STUDIES

KONGU ENGINEERING COLLEGE

(AUTONOMOUS)
PERUNDURAI ERODE – 638 060

JULY - 2024
 Department of Management Studies
KONGU ENGINEERING COLLEGE

(An Autonomous Institution | Affiliated to Anna University, Chennai)

PERUNDURAI ERODE – 638060

BONAFIDE CERTIFICATE

This is to certify that bonafide record of summer internship report submitted by

RUDRA MOORTHI S R (23MBR080) in partial fulfillment of the requirements for the
award of the Degree of Master of Business Administration of Anna university
Chennai during the year 2023 - 2025.

SUPERVISOR/MENTOR HEAD OF THE

DEPARTMENT

Dr. N. PRAKASH (Signature with seal)

Date:

Submitted for the end trimester viva voce examination held on ___________

Examiner 1 Examiner 2
 DECLARATION

I affirm that the Summer Internship Report of SAKTHI SUGARS LTD,

SAKTHINAGAR, ERODE being submitted in partial fulfilment of the requirements for
the award of Master of Business Administration is the original work carried out by me. It
has not formed part of any other report or dissertation on the basis of which a degree or
award was conferred on an earlier occasion on this or any other candidate.

Date: (Name and Signature of the Student)

RUDRA MOORTHI S R (23MBR080)

I certify that the declaration made by the above candidate is true to the best of my knowledge.

Date: (Name & Signature of the Supervisor/Mentor)

 ACKNOWLEDGEMENT

The satisfaction that one gets on completing a project cannot be fully enjoyed
without mentioning the people who made it possible.

I express my sincere thanks and grateful acknowledgment to THIRU.A.K.

ELANGO, B.COM, MBA, LLB., Correspondent and Dr.V. BALUSAMY, BE
(Hons), M.TECH, PH.D., Principal, Kongu Engineering College for providing
the facilities in the college for undertaking my summer internship programme.

I wish to express my deep sense of gratitude to Dr.P. KARTHIKEYAN,

Professor & Head of the Department of Management Studies for his constant
support throughout my study.

I solemnly express my sense of gratitude to my mentor, Dr.N. PRAKASH,

Associate Professor for his encouragement, constant help, valuable guidance,
suggestions and blessings which contributed immensely for the successful
completion of the summer internship programme.

I would like to thank the other faculty members of Department of Management

Studies, Kongu Engineering College for their support and motivation throughout
this project.

I wish to thank my parents who always believed me and had faith on me in

whatever I wished to do and last but not the least I would thank my friends who
have helped me endlessly.
TABLE OF CONTENTS
 CHAPTER 1

OBJECTIVES

To study the systems, policies, practices and procedures followed by the organization.

 To understand the functions performed by various departments.

 To study the roles and responsibilities of the managers.
 To understand the decision making process.
 CHAPTER 2

INTRODUCTION

2.1 INDUSTRY PROFILE

Sugar industry in India is well developed with a consumer base of more than
billions of people. It is also the second largest producer of sugar in the world.

There is around 45 millions of sugar cane growers in India and a larger portion of rural
human resource in the country largely rely upon this industry. Sugar industry is one of the
agricultural based industries. In India it is the second largest agricultural industry after.
Sugar is one of the oldest commodities in the world and traces its origin in 4 th century AD
in India and china. In those days sugar was manufactured only from sugarcane. But both
countries lost their initiatives to the European, American and Oceanic countries, as the
eighteenth century witnessed the development of new technology to manufacture sugar
from sugar beet. However, India is presently a dominant player in the global sugar industry
along with the Brazil in terms of production. Given the growing sugar production and the
structural changes witnessed in Indian.

Sugar industry, India is all set continue its domination at the global level. Indian sugar
industry is highly fragmented with organized and unorganized players. The unorganized
players mainly produce Gur and Khandaro, the less refined forms of sugar. The
government had a controlling grip over the industry, which has slowly yet steadily given
way to liberalization.

The production sugarcane is cyclical in unit. Hence the sugar production is also
cyclical as it depends on the sugarcane production in the country. As the industry is
fragmented one, even leading players do not control more than 4 percent market in India.
However, the situation is changing and players off late are striving to increase their market
share either by acquiring smaller mills or by going for green field capacity additions.

Indian sugar industry can be broadly classified into to sub sectors, the organized sector
i.e. sugar factories and unorganized sector i.e. manufactures of traditional sweeteners like
gut and khandsari. The latter is considering being rural industry and enjoys much greater
freedom than sugar mills.

The production of traditional sweeteners gur and khandsari is quite substantial.

Though the trends indicate a progressive shift from traditional sweeteners to white sugar
over the years, they still account for about 37% of total sweetener consumption in India.

Since the sugar industry n the country uses only sugarcane as an input, sugar
companies have been established in large cane growing states like Uttar Pradesh,
Maharashtra, Tamil Nadu, Karnataka, Punjab and Gujarat. Uttar Pradesh leads the tally by
contributing 24 % of the country’s total sugar production and Maharashtra stands next 20
% contribution.

The farmer’s co-operatives own and operate the largest chunk of the industry’s total
capacity. They are concentrated primarily in Maharashtra and eastern Uttar Pradesh. The
largest number of sugar companies in the private sector is located on southern India, in the
states of Tamil Nadu, Andhra Pradesh and Karnataka.

Out of 453 sugar mills in the country, 252 are in the co-operative sector, 134 are in the
private sector and 67 are in the public sector. Besides 136 units in the private sector are in
various stages of implementation. A few such units are under implementation in the co-
operative sector as well. But no new units have been proposed in the public sector.
2.2 COMPANY PROFILE

Sakthi Sugars Limited is one of the largest producers of white crystal sugars in the
country accounting to the capacity of 13,500 tons of cane crush per day. Sakthi Groups is a
leading industrial conglomerate in South India. Motivated by a keen desire to
diversification in new areas of business, the Sakthi Group born and grew as a power full
entity, expanding its interest into various spheres of industry.

Sakthi Sugars Limited is committed to conduct its accordance with the applicable
laws, rules and regulations and with highest standards of business ethics.

P.Nachimuthu Gounder, farmer with a difference owned a few bullock carts the hired
out. He could feel the impulse of the people and made revolutionary changes. He created
history in 1921 by introducing the first taxi service in Pollachi. In 1927, he started the first
bus service called Annamallais Bus Transport Company. This company is the parent of
Sakthi group. Sakthi sugars limited were formed in 1961 with commercial production of
sugar commencing in the year 1964 at its Sakthinagar sugar plant.

Today it has four sugar plants with three of them in Tamilnadu located at Sakthi
Nagar, Sivagangai and Modakurichi and one plant in Orissa at Dhenkanal, Orissa in the
year 1996. These two distillery plants, undisputedly the largest in their respective states,
have aggregate capacity of 46 KLPD industry alcohols.

Soya product is another range of products manufactured by Sakthi sugars limited. It

has an advanced soya processing unit with refinery complex near Pollachi, Tamilnadu. It
handles a capacity of 90,000 metric tons (MT) of soya beans per annum.
 The company has also installed three co-generation power plants at its sugar factories
in Tamilnadu. The combined capacity of power production of these plants is 92 Mega
Watt. After meeting power requirements of the sugar plants the excess power generated is
exported to power grid.

As a dutiful corporate, Sakthi Group has set up many educational and charitable
institutions, hospitals and religious centers. It also made significant contribution to rural
developments through number of social welfare activities and initiatives; it has created
ample employment opportunities for rural youth through its multi-fold agro-based
institutions and other industries.

The various areas in which the group acts are

 Sugar
 Automobile parts
 Bus transport
 Education and IT
 Foundry
 Fruit beverage
 Finance
 Industrial alcohol
 Parcel service
 Sales and Services of Automobiles
 Soft drinks
 Soya products
 Social services
 Textiles

Sakthi Sugars Limited is the flagship company of the Sakthi Group and is one of the
largest producers of sugar in the country accounting for a capacity of 12,750 tons of cane
crush per day in four sugar units. The four units include three in Tamil Nadu and one in
Orissa.
2.3 UNITS:

1.Sugar

Tamil Nadu
 Sakthi Nagar, Erode District-established in 1964.
 Padmathur village, Sivagangai District-established in 1989.
 Ponduraisemur village, Modakurichi Taluk, Erode District-established in 2007.
Orissa
 Haripur village, Dhenkanal-established in 1994.

2. Distilleries

 Sakthi Nagar, Erode District-established in 1972.

 Haripur, Dhenkanal (Industrial Alcohol) – established in 1996.

3. Soya

 Marichinaiken Palayam, Pollachi – established in 1990.

4. Co generation Plant

 SakthiNagar – established in 2003

 Modakurichi – established in 2007
 Sivaganga – established in 2008

5. Ethanol Plant has been established in Sakthi Nagar.

2.4 ORGANIZATION PROFILE:

Year of incorporation: 1961

Registered office: Sakthi Nagar -638315

Bhavani talk, Erode district,

Tamilnadu.

Corporate office: 180, Race Course Road,

Coimbatore- 641018.

Tamilnadu.

2.5 COMPETITORS OF COMPANY

 EID Parry (India) Limited

 Dharani Sugars and Chemicals Limited
 Bannari Amman Sugars Limited
 Kothari Sugars and Chemicals Limited
 Ponni Sugars Limited
 Thiru Arooran Sugars Limited
2.6 MANAGEMENT TEAM:

Name Title

Dr.M. Manickam Chairman & Managing Director

Sri.M.Balasubramaniam (Promoter) Managing Director- Finance

Sri. M. Srinivaasan (Promoter) Joint Managing Director- technical

Sri. V.K. Swaminathan Non-Independent Non-Executive Director

Sri. P.K. Chandran Director (independent)

Sri. K. V. Ramachandran Director (independent)

Sri. S.S. Muthuvellapan Director (independent)

Sri. N.K. Vijayan Director (independent)

Sri. C. Rangamani Director (independent)

Sri. S.Balasubramanian Director (independent)

Sri. S. Chandrasekhar Director (independent)

Mrs. Priya Bhansali Director (independent)

2.7 Mission:

The mission mode project under sugar production technologies aims towards
sharper and focused technological up gradation in selected sugar factories to accomplish,
interlaid the cost effectiveness of sugar production through improvement in plant
efficiency, energy saving, etc. In addition to the above, the focus is also on improving the
capital output ratio through optimization and identification of user friendly technologies.

2.8 Vision:

 To be one of the top five sugar producers in India.

 To be one of the top auto component manufacturers in India.
 To be leading producers of alcohol and allied energy producers.
 To have the best possible alternative power producers in the country.
 To maximize the trade in raw sugar so as to maximize the earning of the company.
 CHAPTER-3

ORGANIZATON STRUCTURE
 CHAPTER 4

VARIOUS FUNCTIONAL DEPARTMENTS

 Production Department
 Finance Department
 Labor Office Department
 Cane Department
 Marketing Department
 Accounts Department
 Stores Department

4.1 PRODUCTION DEPARTMENT

Sakthi Sugars Limited is the company of the Sakthi Group and is one of the largest
producers of sugar in the country for a capacity of 12,750 tons of cane crush per day in
four sugar units.

Only sugar factory in India which could produce super fine grade of sugar
corresponding to international standard measures at grade 85 and below by International
Commission for Uniform Method of Sugar Analysis (ICUMSA).

Crushing in the unit is done more than 8 months every year. Optimal recovery of sugar
from sugarcane is more than 10%.

In production department following process takes place in stepwise manner.

Weigh Bridge:

The arrived cane is weighed in the cane weigh bridge.

Cane unloaded:

The weighed cane is taken out from the vehicles and fed to the cane carrier by the cane
unloaded equipment for crushing.
Cane preparation:

The unloaded cane in the carrier is leveled by the cutting action of leveler and finally
divided into smaller pieces by the miner unit.

Mills:

The milling unit consists of 5 mills. The prepared cane juice is crushed in the mills
step by step with the addition of water to extract the maximum quantity of juice for
processing.

Boilers:

After extracting the juice the waste fibrous materials of the cane obtained is known as
bagasse. This is used as fuel in the boilers to produce steam This high pressure steam is
used for producing power.

Power house:

The high pressure steam from the boiler is used to produce electric power through
turbo generator unit. The electric power generated is used to run the mills and other
equipment’s in the factory. The low pressure steam coming out of the turbine is used for
the process.

Clarification house:

The extracted juice from the mills having pH around 5.0 is weighed in juice weighing
scale. It is pumped through primary juice heaters and heated upto 65°C. The heated juice is
treated with the lime to a pH of 9.0 and again with SO2 gas to 7.0 pH for the removal of
non-sugar material (purification).

This treated juice is further heated to 100°C in the secondary juice heaters and sent to
clarifier in order to remove the formed non-sugar particles (mud) by setting action.

The settled mud liquid is filtered in the vacuum filter and is separated into filtered
juice and mud.

The obtained clear juice from the clarifier is sent to evaporators for concentration.

Evaporation:

The clear juice is concentrated by removal of water in the 5 stage evaporator. Low
pressure steam from the turbo generator is used as the fuel in the evaporator. The vapor
generated in different stages is used as fuel for various boiling. The hot condensate
produced in the evaporator is used for boiling water and other purposes.

The concentrated juice called syrup coming out of the evaporator is sent for further
clarification.

Syrup clarification and sulphitation:

The syrup is clarified with phosphoric acid and flocculants and the mud produced is
separated through filters. The clear syrup is again sulphited to pH of 5.0 with S02 gas and
taken to pan section for sugar crystallization.

Crystallization at pan station:

Crystallization is done in 3 stages (A, B, C) in the pans. A-Boiling is done with syrup
and melt, B-Boiling with A-Molasses and C-Boiling with B-Molasses. The molasses is
sent as raw material for alcohol production in distillery.
Centrifugal:

The boiled massecuite(sugar crystal+ liquid) from the pan is stored in the crystallizers
and sent to centrifugal.

The sugar and molasses in the massecuite are separated by the centrifugal action in the
centrifugal machines. The separated A-sugar is dried/cooled and sent to sugar grader unit
for sieving into separate sizes and sent for bagging. B & C- sugar is again melted and
reprocessed in the A- Boiling.

Sugar bagging:

The sugar is graded as L-30, M-30 and S-30 as per the Indian Sugar Standards and
sent to sugar bins for storing and bagging. The sugar is weighed to 100kgs per bag and 50
kgs per bag in the automatic weighing machine, stitched and sent to go down.

Sugar godown:

The sugar bags are stored in the godown as stacks for marketing. 90% of the total
production is released as free sale and 10% of the total production as levy scale under
release order from the sugar directorate, Government of India.

Disposal of the main & By-products:

The main product from the cane is white consumption sugar and by-products are
Bagasse powder, Filter cake and Molasses.

 Sugar is sold to the buyers in the local market in our country and also exported to
foreign countries.
 Bagasse is utilized as fuel in our boiler.
 Excess power is produced and is also sold to Tamil Nadu Electricity Board.
 Filter cake is supplied to cane growers.
 Molasses is stored and sent to distillery.

Production department consists of two sections namely,

  Manufacturing section
 Engineering section.

4.1.1 ENGINEERING SECTION

This section consists of workshop. It maintains all the work connected with plant and
machinery.

Workshop:-

In this workshop machinery work is done. The spares and materials are fabricated
using the lather machines in the workshop, shaping like square cutting etc is also done in
the workshop.

4.1.2 MANUFACTURING SECTION

The manufacturing section again divided in to 3 sub sections.

 Laboratory
 Manufacturing process
 Godown

LABORATORY:

The factory has a separate well equipped laboratory. The lab prepares hourly reports.

The main activity of the lab is

 To check the content of sugar in the sugarcane and also fixing the correct shape and
size of sugar.
 To determines the percentage of water content in the dilution of juice.
 To determines as well as maintaining the temperature of boiling juice.
 Choice of color and size of sugar.
 To manage time and quality.
 To decided the percentage and contents and chemicals to be added during
production.
  To finds the PH of water through universal indicator.

MANUFACTURING:

A. Sugar
B. Power Generation
C. Press Mud
D. Distillery

SUGAR:
STEP 1: The cane inspector visits the farm and make contract with the farmers and after
cultivation
it has been purchased.
STEP 2: Using cane cutter/ fibering machine sugarcane is cut into small pieces/ fibered
and crushed using a rod to extract juice and the bagasse is left over as waste.
STEP 3: For whitening Sulphur is added to the juice.
STEP 4: The juice is heated and mixed with slurry of calcium hydroxide to separate
sludge and juice.
STEP 5: After that sludge which settles at the bottom can be removed and goes for
secondary filtration for extracting remaining juice.
STEP 6: While doing secondary filtration "Mud" is extracted as is waste which is used as
manure.
STEP 7: The juice is then boiled in an evaporator to get sugar syrup.
STEP 8: For crystallization, sugar syrup mixed with alcohol and glycerin is poured into
crystallizer container.
STEP 9: To separate the sugar crystals, centrifugal process is done. During this process,
molasses passes out of the lined centrifuge basket and is drawn outside of the centrifuge
where it gets removed and stored in tanks.
STEP 10: Finally, the sugar is retained in the centrifuge basket. By-products are molasses,
mud and bagasse.
STEP 11: Then the obtained sugar is distributed to the customers.
POWER GENERATION:

Calorific value: Amount of heat obtained when kg of fuel (Ex: coal, bagasse, wood) is
burnt.
Calorific value for coal: 3300 kcal/kg
Calorific value for bagasse: 4685 kcal/kg

STEP 1: Bagasse obtained in step 2 is used for producing electricity.

STEP 2: The bagasse in addition with coal is passed to boiler and extract steam.
STEP 3: The extracted steam is used to rotate turbines.
STEP 4: On rotation of the turbines, it converts mechanical energy to electrical energy and
thus electricity is generated.
STEP 5: The generated power is passed to generator.
STEP 6: The produced power is used for running the industry and surplus of electricity is
sold out.

PRESS MUD:
STEP 1: The mud extracted in step 6 is used for preparing press mud.
STEP 2: Mud is kept dry in an empty land and adding natural ingredient.
STEP 3: The obtained Press Mud is used for farming purpose as manure.

DISTILLERY:
STEP 1: Molasses obtained in step 9 is used for making distillery.
STEP 2: Dilution water is mixed with molasses. After that yeast. is added to that mixture
and undergoes fermentation
STEP 3: Heating at particular temperature so that yeast will die.
STEP 4: Undergoing distillation process and we can get alcohol.
STEP 5: We can extract two types of spirit

Rectified spirit (Industrial alcohol) used in paint, nail polish, etc.

Neutral spirit (Human alcohol) used for preparing medicine, making wine, whisky, etc.
GODOWN:

The sugar bags are stored in the godown as stacks for marketing. 90% of the total
production is released as free sale and 10% of the total production as levy scale under
release order from the sugar directorate, Government of India.

4.2 LABOUR OFFICE DEPARTMENT

This department is concerned with the selection and placement.

 Recruitment.
 Development and training to workers
 Development evaluation of workers
 Wage and salary administration
 Maintenance of statutory records.
 Welfare measures for employee
 Maintenance of personal records
 Preparation of salary
 Promotions, transfers.

4.2.1 ROLE OF LABOUR OFFICER IN SAKTHI SUGAR

In Sakthi sugars, the personal manager takes all the above responsibilities. Personal
manager controls the time office department, hostel maintenance, security and canteen.

The candidates are selected to particular job according to their qualification and
experiences. Training is given on the job only.

Manager and supervisor are continuously inspecting every worker to access their
performance and they give better promotion for hard workers. Managers ensure
development of employee’s competency, motivation and effectiveness in systematic and
planned way.

Equal-Opportunities Employer

Sakthi Sugars Ltd is an equal opportunity employer. It treats its employees and all
qualified aspirants seeking employment with the company equally, regardless of their race
and birth. The employee policies and practices of the company, considers merit alone as
the only factor of discretion and ensures equal opportunity to those eligible. .

Work / Life balance

The organization believes that employees must have a balanced professional and
personal life. While it respects personal space and time the organization also expects from
its employees a firm commitment to their roles and responsibilities within the organization.

Industrial Relations

Sakthi Sugars maintains cordial and friendly Industrial Relations with employees and
the Unions. The HR department of the company plays a vital role in crafting and
implementing people oriented industrial practices across the organization for establishing a
healthier value based relationship between employees and the organization.

Health, safety and Environment

Sakthi Sugars provides its employees clean, safe and healthy environment inside &
outside the operational areas of its businesses. To ensure this the company has delineated
strict norms on industrial safety. The operational space of our entire infrastructure have
been intuitively designed and maintained for smooth and safe conduct of business affairs.

The company is particular about the regulations concerning the preservation of

environment in the areas where it has constituted its production facilities. Sakthi Sugars
Limited is committed to prevent any excess or negligent use of natural resources. It also
strives to minimize hazardous secretions in production and disposal of waste/production
excesses that can harm the environment.

Corporate Citizenship
 The Sakthi Sugars Limited acts in compliance with all relevant laws and regulations of
the state. In addition to that it has pro actively assumed the role of a socially responsible
business by extending its assistance to people in its surrounding regions.
The social welfare and development initiatives of the company are aimed at supporting
those in dire need and in turn provide them the required assistance to enhance their quality
of life, both economically and socially. In the same way the company has been
contributing extensively in the fields of community health, family welfare, water
management, vocational training, education and literacy, development of rural roads and in
the application of modern scientific and managerial techniques for nurturing agriculture
and uplifting the farming community.

NUMBER OF WORKERS

Officers 24

Regular 172

Trainees 351

Daily wages with order 17

Total 564

SALARY:

Minimum salary is not less than Rs.7950. The breakup of salary is under

Badly allowance 50

Cost of living allowance 18% of basic salary

House rent allowance 10% of basic salary

Utility allowance 10% of basic salary

Special allowance 300

SHIFTS
There are 4 types of shifts as follows

Shift I 6.00 am to 2.00 pm

Shift II 2.00 pm to 10.00 pm

Shift III 10.00 pm to 6.00 am (Night Shift)

Shift IV 8.00 am to 5.00 pm (General Shift)

Insurance

The company is paying Rs 300 for each employees working in the company for any
accidents met by the employees during working hours with medical leave.

Provident fund

The fund is credited by an amount detected from their monthly salary at a certain rate. The
company is contributing 12% of the employee’s wages as provident fund.

Pension

This amount is received by the employee on his retirement. Here 12% of his monthly
salary is given as pension monthly. Here in this 12% (8.33% given under family pension
fund and 3.673% given under employee pension scheme).

Bonus

As per the company’s act 1956, 8.33% of bonus is compulsory for an employee. Here the
employees are given bonus at the time of Diwali. 20% is given as bonus.

4.2.2 TIME OFFICE

Time office is one of the important sections of administration department. This

section maintains the attendance of workers. It also shows records of particular workers
about his working hours etc. It evaluates the workers punctuality, discipline and uniforms
and maintains documents and records for the future reference purpose.

FUNCTIONS

 Showing the absenteeism report to HOD.

  To receive the attendance cards from the workers.
 Siren maintenance ( signal value )
 Observation of employees
 Maintaining Notice Board

In time office there are 4 types of leaves.

SICK LEAVE: Employees are eligible to take leave on the sickness. 8 days sick leave
shall be granted with full wages.

CASUAL LEAVE: 10 days casual leave shall be granted with full wages or pay including
DA to the every workman.

PRIVILEGED LEAVE: 15 Days privileged leave shall be granted with full wages or pay
including DA to the every workman for every completed year.

4.2.3 SECURITY OFFICE

Security office is also one of the important sections of the HR department. There are
totally 39 guards

DUTIES OF SECURITY OFFICER

 Maintain the silencing in the factory area.

 Time maintenance of workers.
 Raw materials are checked according to the voucher.
 Incoming materials are checked, if they are right, they will records inward and seal
the bill and leave inside.
 If outgoing material from the industry that person must and should have got pass
and it is entered in outwards.
 If goods are returnable, it will be entered in return A/C book.
 A/C’s are submitted to M.D. daily.

4.2.4 FACILITY TO WORKERS

 Availability of rest house with TV facility.

 Availability of quarters.
  Providing 2 wheelers for employees who are visiting the field to supervise and
check the availability cane.
 Executive levels are provided with 4 wheelers.
 Weekly one holiday of any in a week

NATIONAL HOLIDAY

The industry gives the leave for the national holidays; fair days of national holidays
should be given to the employees, such as Independence day, Republic Day, and Gandhi
Jayanti etc.

4.3 MARKETING DEPARTMENT

This section will take care of all sale transactions like sale of sugar, molasses, Bagasse
and scrap material. The factory sells the sugar according to central government
notification. The central government sends the notice to the factory every month regarding
sale of sugar, without notice the sugar is not sold to anybody. The government is giving
permission for a particular period, particular for sale of sugar. The sugar is sold to the
buyer who quotes highest price. In this section, some records like sale of sugar register,
molasses register, Bagasse registers and scrap material registers are maintained.

The marketing activities include the following

 Sourcing and supplying information

 Standardization and grading
 Storage
 Financing
 Risk taking

Marketing manager is in charge of the marketing department. Advertisements are not

necessary in sugar industry because customer won’t ask for Specific company branded
sugar.
FUNCTIONS

 Marketing department has to keep in contact with dealers and agents

 Getting order from parties
 Arranging for delivery to parties
 Maintaining records of sales
 Sending reports to managing director

For every organization, marketing is an important factor to get succeed in the field.
This organization has an enhanced marketing value all over India. The products of Sakthi
sugar industry have its customer throughout India.

Marketing is important in building relationship with customer also to create product

awareness. Without effective marketing strategy, the company will lose customer and also
loses the revenue.

4.3.1 PRODUCT OF SALE

The organization undertakes selling activities in two methods:-

FREE SALE: - Free sale of sugar is being done to bulk purchases on the basis of tenders
called, collected, negotiated and sold.

LEVY SALE: - This is being sold to the government of Tamilnadu on levy basis. The
government then distributes the same to the public through public distribution outlets at
predetermined reasonable price.

The primary marketing activity is transport. The purpose of transport is to deliver the
product to the consumer in the quickest and safest way.

EXPORTS:

Refined sugars and less than 45 CUMSA sugar are exported. Efforts are taken to increase
the exports in for coming years.

Foreign exchange used- 1769.48 lakhs

Foreign exchange earned- 10545.11 lakhs.

4.4 CANE DEPARTMENT

The function of cane department is to supply raw materials to the sugar factory. They
provide the agricultural faculties to the4 farmers they provide the guidance and helps the
farmers regarding farming or cultivation and provides loans, fertilizers and water facilities
and also provides the inter crop seeds for planting. Every village is engaged with the
particular cane office and that office provides those help as they require only sugarcane.

There are 13 divisional office and 64 sections around sivagangai. In factory itself there are
two division’s one in mill north division and another in mill south division.

Other divisions are as follows:

1. Thirupuvanam

2. Puthuvayal

3. Paramakudi

4. Devakottai

5. Sivagangai

6. Mathakupatti

7. kamuthi

8. V.Pudur.

Each division office has one officer, one clerk and 6-7 cane assistants. The duty of
Cane assistants to visit the farmers in their nearby villages and make a contract with them
after that the assistants measures the acres owned by the farmers and provide the canes
seeds to them based in the acre level they provide 4 - 4.5 tons of cane seeds per acre they
guide the farmers and offer the time period up to 12 months at the end of 12 th month cane
department allot workers to harvest and transported to the factory.

4.4.1 SUGAR SEASON

 One sugar is 12 months from October to September. The actual crushing will depend
upon the availability of sugar cane. This will normally be about 6 months in a year.

4.4.2 CANE PRICE:

Statutory Minimum price:

The government of India fixes the statutory minimum cane price the sugar cane
control order, 1966. This price as to be paid by the sugar mill within 14 days from the date
of supply of cane failing which interest at the rate of 15% will have to be paid to the cane
growers till the date of payment. The statutory minimum cane price is fixed by the
government of India for the recovery of 9.50%.

The cane price is fixed for a sugar mills based on the peak period recovery of the mill.
The peak period recovery refers to the average recovery obtained from 1 st December to 31st
March of the proceeding season.

State advised price:

The state government announce cane price every over and above the statutory
minimum price fixed by the government of the India and this price is the known as state
advised price. The cane price is fixed by the government and paid by the mills are
furnished in Annexure-II in balance sheet book.

CANE DEPARTMENT

YARD DIVISION RESEARCH AND

DEPARTMENT DEPARTMENT DEVELOPMENT
The cane department is divided into three departments

Yard department:

Main work here is weighing the loads of sugar from different villages and sent for
processing.

Division department:

It gives all facilities and guidance to the farmers.

Research and development

It researches about the land and take the required measures and maintenance for the
development.

4.5 STORE DEPARTMENT

It is the department which stores the industrial material and maintains it. Purchase
department receives the purchase order from the user department or from the stores
department. Then purchase department enquires the party and purchase from the regular
party or some other party and packs the material and sends to the purchase department and
they send to the storage. If there is any damage then they will return to them within a week.

This department has technical persons to test the purchased material. It could be done by
both manual and with the help of testing told. Store department has the storing capacity of
3000 materials. This department issues 50-60 materials per day to other department such as
processing and engineering etc. The materials stored in this department are

 Chemicals
 Spares
 Coal
 Bolt-nuts
 Bearings
  V-belts
 Electrical parts
 Steam joints
 Lubricants
 Liquid oxygen
 Caustic soda
 Gunny

When departments require any material, this department sends materials to that
particular department. Each item has a unique item code which is arranged in the racks,
wooden cupboard, shelves etc. They also store the scrap/old material and sell them to
different required parties. They import the hardware spares from brazil and Australia.
Repairing is first done in Bangalore; if it’s not repaired then machines are sent to china.

4.6 FINANCE DEPARTMENT

Finance is the lifeblood of any business. It is concerned with the activated of funds
and wide application on the funds. The success of a business lies with the effective
management of finance in the company. Finance management is that managerial activity
which is consumed with the planning and controlling of the firm’s financial resources.

Finance helps in the smooth running of an organization for example a business needs
Finance to commerce operation. One of the major roles of the finance department is to
identify appropriate financial information prior to communicating this information to
managers and decision-makers. Finance is a term used for money. In business it is used.
Planning and organizing and controlling of finance in a business are a primary activity. We
can say that finance is a basic needed thing to start a business.

It is the most important department in which most of the function is carried out such as
accounting.

Planning, mobilization and effective utilization of funds.

Functions:
  Dealing with banks and finance institutions.
 To monitor the budget and budgetary control.
 Monitoring the funds collection and payments.
 Finance planning and mobilization of cash.
 Controlling inflow and outflow of cash.
 To exercise and cost control and cost reduction technique s
 To see that financial interest of the company.
 To protest the financial interest of the company.
 It helps in achieving the business results profitably.
 Waste management.

4.7 ACCOUNTS DEPARTMENT

Sakthi sugar is an industrial organization, manufacturing sugar, power and ethanol.

Needs for Accounting systems:

a. To ascertain the profit and loss of the business.

b. To ascertain the financial position of the business.

c. To provide control over assets and properties of the company.

d. To provide information to tax authorities like sales tax, income tax, control,
exercise, etc.

e. Assistance to management on

i. Decision Making.

ii. Forward planning and Budgeting

iii. Controlling various management functions

f. To provide information to Government central, state and various local bodies

The main work of this department is record the financial transactions and to receive
money and payment and is also responsible for the bank transactions. The accounts
statement such as profit and loss accounts, balance sheet general ledger, and all other
ledger are helpful to the various departments is administered by the accountant and an
accountant.

Accounts manager makes the important financial decisions with consultation of

Director and Chief executive of company.

The accounts department is responsible for the entire accounting process of the
organization regarding the recording of transactions, designing the accounting policies and
accounting system, preparing financial statements and computer application. If we consider
a company a cell then we can say the accounts department has role of nucleus.

4.7.1 Accounting system:

Accounting system at here is centralized and on accrual basis. all accounts are
maintained in Coimbatore head office. The process of accounting system starts from the
preparation of voucher. The following are different types of vouchers prepared at Sakthi
Sugars Ltd.

4.7.2 Journal Voucher:

As accounting system is an accrual basis, so according entries are passed on journal

voucher at first step. This is also known adjustment voucher. This is prepared for adjusting
entry. Vouchers are after every transaction. Accounts Manager and Director verify the
voucher respectively. If they have any question they can ask relevant person if they are no
enquiry then they will put their signatures on voucher. Now it is time to record these
vouchers in books of accounts.

4.7.3 Payment voucher:

This voucher is prepared at this time of making payments to any party. Party name is
debited with the amount has been made. Payment vouchers are used for the payment up to
Rs.6000.Payments more than this are made through bank.

4.7.4 Credit voucher:

 As name of voucher represents, this voucher is prepared when some amount is
received from any party. In this case party name is credited by the amount that has been
received. The accounting is mainly divided in two following three sections.

 Stores section
 Salaries and wages section
 General accounts section

4.7.5 Attendance Allowance:

Leave encashment is given to those employees who save their holidays and don’t
avail them. This is given to their per day salary multiply with number of days of holidays not
availed.

4.7.6 Books of Accounts Department:

 Cash book
 Bank book
 Stores purchase journal
 Raw material purchase journal
 Sales journal
 General journal
 Balance sheet ledger
 Profit and loss account
 Purchase return book
 Sales return book
 Bills payable book
 CHAPTER-5

LABOUR WELFARE MEASURES

5.1. Issue of uniforms (with blue cloth 2 meters):

All regular employees are issued with 2 sets of stitched terry cotton uniform every
year. The uniforms are given to all workers and staff (staff up to Sup-B grade, Pan staff up
to SUP-A grade). Besides this employee working as Attenders, drivers and security staff in
administrative department are also issued with 2 sets of stitched uniform every year.
Welders are issued with 3 sets of stitched cotton uniforms every year. In contract roll
scavengers (2 sets), Guest house attenders (2 sets) are issued stitched terry cotton uniform
every year.

5.2. Issue of shoes and safety helmets:

All the regular, Probation and Company Apprentices are issued (except Office
attenders) with one pair of shoes, two pairs of nylon sock every year and1 safety helmet to
all employees working in shop floor. The helmets are provided to employees only one
time. For Cane field staff a full mask helmet is provided.
5.3. Housing facility:

Housing facilities are provided for Officers & Staff at Sakthinagar Colony. The
workers are provided housing facilities at Nachimuthupuram Colony. For employees in
wage board, the house rent allowance according to their grade is deducted towards as rent
for the quarters. For Management grade employees the rent deduction as per the salary
structure is made according to the percentage applicable to their grades.

5.4. Free & subsidized Electricity to the residents of colony:

NO.OF. FREE UNITS

CADRE
ALLOWED
Workman-SSK TO HSK 200 units

Staff-CLERICAL 230 units

Supervisor-A&B 250 units

Officer/Sr. Officer/AM 280 units

Deputy Manager 300 units

Manager 300 units

Senior Manager No limits

For excess consumption of electricity, the electricity shall be deducted as per TNEB tariff
rates.

5.5. Drinking Water for quarters:

 Drinking water is provided to all quartcrs at frce of cOst. The cost for this cannot be
worked out since it depends on the consumption and the entire cost for water is paid by the
company for this purpose and also for factory operation purpose.

5.6. Payment of food allowance as incentive:

Company is paying a food allowance @ Rs,8.50 per head per working day of
attendance for Sakthinagar Colony residents and @ Rs. 11.50 per head per day of
attendance for others calculated on the basis of number of days actually attended duty
towards food / eatables expenses incurred by the employees during working hours.

The expenses to the company for one person if he works for 26 days in a month is,

> For Sakthinagar colony resident - Rs. 221.00 per month

> For outside residents - Rs.299.00 per month

5.7. CEA:

Company is paying Education allowance to all employees for 6.25 % of salary once in
a year in the month of June to meet the requirement of their children education expenses,.

5.8. Financial Assistance for BE, MBBS:

Merit scholarship is given to employee's children for MBBS & BE, B.TECH studies,
as details below, if they are selected for admission on merit basis.

MBBS: Rs 10,000/- per year

ENGINEERING: Rs. 9,500/- per year

5.9. School Bus facility:

The school buses have been provided exclusively for school/college going employees'
children for conveyance on free of charge. The buses are run between Sakthinagar /
Nachimuthupuram and Komarapalayam
5.10. Free Medical Treatment:

Medical Treatment facility is extended to all employees including outside references

also. The employee's wife, children and dependent parents are also given medical
treatment at subsidized rates up to a maximum of one month's salary per annum. The
employees in wage board we are paying Rs. 795.00 per month as medical allowance
through salary sheet. Besides this they are being paid medical allowance @ one month's
salary (PF Earnings minus medical allowance paid on pay slip). This amount is being
credited to their account at VMK Hospital on 01" April every year and at the end of March
(next year) the balance amount at their credit is being reimbursed to them. For employees
in Management grades only one month's salary (PF Earnings) is being paid. Besides these
employees in wage board, we are paying Rs. 72.50 per month as medical allowance
through salary sheet., Rs. 72.50 has not being paid those who are joined from 01-01-2015.

5.11. Medical Financial Assistance:

As per wage board settlement the payment of Rs 1 lakh as medical financial assistance
to employees by submitting the bill for the treatment of TB, cancer, leprosy, and kidney
transplantation. dialysis, spinal and heart surgery including angioplasty.

5.12. Medical camp:

General medical check-up provided by VMK Hospital every year to all employees and
any complicated cases referred to Cardiologist DR.Padmanathan, KHCH-Erode. Height,
weight, BP, sugar, cholesterol, ECG etc.

5.13. Eye camp:

General eye check-up provided every year to all employees by VMK Hospital and any
complicated cases referred to further treatment to Erode.
5.14. Free tea & biscuits:

Supplying free tea, coffee and biscuit pocket to employees attending during night shift
duty only.

5.15. Sugar at Subsidized rates:

All regular employees are issued sugar of 6 to 10 kgs. Depending on their grade, cost
basis. The current cost of one kg of sugar is Rs. 19.00

5.16. GPAI:

Group Personal Accident Insurance Policy covers Managerial, Cane division

employees and frequent traveling employees covered under free of cost, and all regular,
probationers, company Apprentice and Act Apprentices are chargeable Rs. 455/- per year.

5.17. RAK Policy:

Covered all contract employees. Rs. 307.00 for 1 lakh Accident Medical Treatment.

5.18. Workman Compensation Insurance:

Workmen Compensation Insurance Policy covers all regular, Probationers, Company

Apprentices, Act Apprentices and Contract employees.

5.19. Superannuation Scheme:

Covers managers and above level. Contribution made by company for managers 10 %
and senior managers and above 15 %.

5.20. Leave facilities:

 The management has implemented leave facility to employees for the accumulated
privilege leave earned by them by welfares of 2018 and 2019.

Category Maximum accumulation limit days

Managerial Staff - 300 days

Workers - 246 days

5.21. Marriage Gift:

Regular employee's marriage - Rs. 5,000

Regular employee's son/daughter - Rs. 1,000

Probation employee's marriage - Rs. 2,000

Trainee's marriage - Rs. 1,000

5.22. Canteen:

Subsidized food provided to employees only during shift time.

5.23. Retirement Benefit:

One sovereign gold coin has been issuing to the regular employee at the time farewell
party.

5.24. Driving license & Vehicle Insurance coverage:

Providing service to take two-wheeler & Four-wheeler license on reasonable cost

through Auto workshop personnel Also providing service for covering vehicle insurance
premium remittance through Sakthi Finance.

5.25. Employee tour:

Once in a year.

5.26. Co-operative Credit Society:

 1st loan: Int. 9.0% (25 times on Basic salary not exceeding Rs. 2,50,000/-) (new
entrants Rs. 50,000/-)
 2nd loan: Int. 11.5% (Rs 2,00,000/-)
 Emergency loan: Int. 11.5 % (Rs.25,000/-only)

5.27. Co-operative Stores:

Credit and cash purchase provisions are available.

5.28. Raincoat:

Security Guards, Cane staff are provided rain coat.

5.29. Housing loan subsidy:

Housing lean subsidy is provided to employees @3.5% on interest.

5.30. Family Planning Assistance:

To encourage the employees for adapting to small family norm management paying
Rs. 3000 as family planning assistance to employee's welfare 01-07-2008, if the employee
or his/her spouse undergoes family planning operation.

5.31. Company Advance:

Any unexpected Condolence in Employees Family Company Advance will pay Rs

10,000 immediately for Funeral.
 CHAPTER-6

SWOT ANALYSIS

STRENGTHS

Strong Brand Recognition: Sakthi Sugars is a well-established brand in the Indian sugar
industry, known for its quality products.

Diverse Product Portfolio: Besides sugar, the company is involved in the production of
power, industrial alcohol, and bio-products, diversifying its revenue streams.

Strategic Location: The company's plants are strategically located in sugarcane-rich

regions, ensuring a steady supply of raw materials.

Experienced Management: The company benefits from a management team with

extensive experience in the sugar industry.

Integrated Operations: Sakthi Sugars has integrated operations, from sugarcane

cultivation to sugar production, power generation, and ethanol production, which enhances
operational efficiency.

WEAKNESSES
High Debt Levels: The company has a significant amount of debt, which can be a burden
on its financial health.

Dependence on Monsoons: The sugar industry is heavily dependent on monsoon rains for
sugarcane cultivation, making it vulnerable to weather fluctuations.

Regulatory Challenges: The sugar industry in India is subject to stringent government

regulations and price controls, which can impact profitability.

Limited Global Presence: The company's operations are primarily focused in India,
limiting its exposure to international markets.

OPPORTUNITIES

Renewable Energy: The company's involvement in power generation from bagasse (a by-
product of sugarcane) positions it well to capitalize on the growing demand for renewable
energy.

Ethanol Blending Programs: The Indian government's push for ethanol blending in petrol
offers a significant growth opportunity for the company's ethanol production business.

Expanding Market: Rising population and increasing sugar consumption in India and
other developing countries present growth opportunities.

Technological Advancements: Implementing modern agricultural and production

technologies can improve yields and operational efficiency.

THREATS

Volatile Sugar Prices: Fluctuations in sugar prices can impact revenue and profitability.

Climate Change: Changes in climate patterns can affect sugarcane yield and quality,
impacting production.

Intense Competition: The Indian sugar industry is highly competitive, with numerous
players vying for market share.
Government Policies: Changes in government policies regarding sugar pricing, export
quotas, and import duties can impact the company's operations and profitability.

This SWOT analysis provides a comprehensive view of the internal and external
factors affecting Sakthi Sugars Ltd., helping to identify strategic areas for growth and
improvement.
 CHAPTER-7

CORPORATE SOCIAL RESPONSIBILITY POLICY

7.1. PREFACE

7.1.1 Section 135 of the Companies Act 2013, dealing with Corporate Social
Responsibility, has become operational from 1st April 2014. The Section has prescribed
that the Corporate Social Responsibility Committee (CSR Committee) has to formulate
and recommend to the Board a Corporate Social Responsibility Policy.

7.1.2 Based on the recommendation of CSR Committee, a Corporate Social Responsibility

Policy (CSR Policy) has been formulated with a view to provide the scope for the CSR
Committee to deal with the matters which are prescribed under the Companies Act 2013.

7.1.3 The CSR Policy will be placed on the company’s website at www.sakthisugars.com

7.1.4 The Social Responsibility operations are presented on the company’s website at
https://sakthigroup.com/social-respons.php

7.2. PRIMARY OBJECTIVES

The primary objective of Corporate Social Responsibility is the commitment of the

company to contribute for sustainable economic development and social welfare like
education, health, water, environment and community welfare.

7.3. COMPOSITION OF CSR COMMITTEE

7.3.1 The CSR Committee shall consist of minimum of three Directors as members of the
Committee, out of whom at least one member will be an Independent Director.

7.3.2 The members of CSR Committee shall elect a Chairman from amongst themselves.
The Chairman of CSR Committee may be an Independent Director.

7.3.3. The Chairman of CSR Committee may be present at the Annual General Meeting to
answer shareholder queries, if any.
7.4. SECRETARY

Company Secretary shall act as Secretary to the CSR Committee.

7.5. MEETINGS

The CSR Committee shall meet at such intervals as the Committee may deem
necessary.

7.6. QUORUM

At least two members of the Committee, one of whom shall be an Independent

Director, should be present to form a quorum.

7.7. CSR ACTIVITIES / AREAS TO BE COVERED

Over the years the Company or Group has been involved in a number of community
focused activities, in the areas of health, education and preservation of the country’s rich
culture and heritage. Continuing the tradition, it is recommended that the Company may
focus primarily on the following activities, areas or subjects (hereinafter referred to as
“CSR activities”):

a. Eradication of extreme hunger, poverty and malnutrition; and Provision of safe drinking
water;

b. Promotion of preventive and general health care, sanitation; reducing child mortality and
improving maternal health;

c. Combating malaria, leprosy and other diseases and providing rehabilitation to people
affected by leprosy, drug addicts, etc.;

d. Promotion of education, including special education and employment enhancing

vocation skills, especially among children, women, elderly and the differently-enabled
persons; and Promotion of livelihood enhancement projects.

e. Promotion of gender equality, empowering women; setting up of homes, hostel for

women and orphans; old age homes, day care centers and such other facilities for senior
citizens; and measures for reducing inequalities faced by socially and economically
backward groups.

f. Ensuring environmental sustainability; ecological balance; protection of flora and fauna,

animal welfare; agro forestry; conservation of natural resources; and maintenance of
quality of soil, air and water.

g. Protection of national heritage, art and culture, including restoration of buildings and
sites of historical importance and works of art; setting up public libraries; and promotion
and development of traditional arts and handicrafts.

h. Measures for the benefit of armed force veterans, war widows and their dependents.

i. Training to promote rural sports, nationally recognized sports, Paralympics sports and
Olympic Sports.

j. Contributions to the Prime Minister’s National Relief Fund; or any other fund set up by
the Central Government for socio economic development and relief and welfare of SC/
ST/OBC, minorities and women.

k. Contributions or funds provided to technology incubators located within academic

institutions which are approved by the Central Government.

l. Contributing to rural development projects; and

m. Such other activities and projects as may be covered in Schedule VII to the Companies
Act 2013 from time to time.
Activities or projects that benefit only the employees of the company and their families
shall not be considered as CSR activities.

7.8. IMPLEMENTATION CSR ACTIVITIES

The CSR activities shall be undertaken by the Company -

a. Either directly or through a registered trust or a registered society or a company under

Section 8 of the Companies Act 2013 established by the Company or its holding company
or subsidiary company.
b. Through trusts, societies or companies not established by the company or its holding
company or subsidiary company having established tract record of three years in
undertaking similar activities or programs or projects.

c. In the event of the Company undertaking its CSR activities through the entities
mentioned in (b) above, the Company should specify the activities or project or the
programme, the modalities of utilization of funds and the monitoring and reporting
mechanism.

d. By collaborating with other entities in such manner that the collaborating companies are
able to report separately on the project or programme or activities in accordance with the
Companies (Corporate Social Responsibility Policy) Rules 2014.

e. By contributing to eligible projects/funds.

7.9. EXPENDITURE

7.9.1 The Company shall endeavour to spend, in every financial year at least two per cent
(2%) of the average net profits of the Company made during the three (3) immediately
preceding financial years for CSR Activities.

For this purpose of "net profit", profit shall not include such sums as may be prescribed
and shall be calculated in accordance with Section 198 of the Companies Act 2013.

7.9.2 In the event of there being no profit calculated in the manner specified in para 9.1
above in any financial year, the Company is not obliged to spend any money on CSR
activities in that financial year.

7.9.3 The Company will give preference to the local area(s) in and around our offices in
India.

7.9.4 The Company may use their own personnel in executing the CSR activities and also
effectively monitoring it. Any payment to be made to such personnel shall not exceed 5%
of total CSR expenditure of the company in one financial year.

7.10. MONITORING PROCESS

7.10.1 The CFO / Company Secretary shall submit a Report to the CSR Committee on half
yearly basis about the CSR activities undertaken by the Company, the amount spent in
respect thereof and the proposal for spending the balance CSR expenditure, if any, to be
incurred for complying with the requirements of the Companies Act 2013 and the Rules.

7.10.2 The CSR Committee shall review the Report submitted by the CFO/Company
Secretary and take such steps as may be necessary for proper implementation of the CSR
activities as approved by the Committee.

7.10.3 The CSR Committee shall report to the Board of Directors on the status of
compliance of CSR policy by the Company.

7.11. CSR REPORTING

7.11.1 Board’s Report shall include an Annual Report on CSR containing particulars as
specified in the Companies Act 2013 and the rules relating to it.

7.11.2 If no amount is spent on CSR Activities, the reason for not spending two per cent
(2%) of the average net profit shall be reported in the Boards’ Report.

7.12. REVIEW OF CSR POLICY

The CSR Policy will be reviewed by the CSR Committee / Board to update the policy
based on the regulatory changes from time to time.
 CHAPTER-8

LEARNINGS FROM SAKTHI SUGARS LIMITED

8.1 LEARNING
Through my summer internship project I understood:

 Step wise process taking place in production department.

 Efficiency of personal manager in administering labor problems, welfare and
attendance records.
 The marketing strategy followed in the company.
 Role of accounts department in managing records of all bills payable and receivable,
balance sheet, annual report and in auditing.

8.2 ISSUES IDENTIFIED

 Less value in the share market.

 Exports are comparatively less though they have wide scope.

 Ethanol production can be increased.

 Retail marketing can be done like parry sugar.

 Financial loss is more compared to previous year.

 CHAPTER-9

CONCLUSION:

The summer internship project at SAKTHI SUGARS LTD helped me the

various processes that took place within every department and about how the
departments are integrated to achieve the organizational goal as a whole. It
was beneficial as there was an opportunity to practically learn some of the
concepts that I had been studying theoretically. This internship helped me a
lot in terms of industrial exposure and gaining knowledge about actual
management practices of the corporate.