Final Print
Final Print
Submitted by
BICHU SEBASTIAN
ASI16MBA17
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DEPARTMENT OF MANAGEMENT STUDIES
CERTIFICATE
TRACO CABLE COMPANY LTD, ERNAKULAM” is a bona fide record of the work
done by Mr.BICHU SEBASTIAN during the gap between third and fourth trimesters at
TRACO CABLE COMPANY LTD, ERNAKULAM. in partial fulfilment of the requirements for
the award of the Degree of Master of Business Administration of APJ Abdul Kalam
Technological University , Thiruvananthapuram.
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DECLARATION
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ACKNOWLEDGEMENT
First and foremost I obliged to the Almighty who showered upon us with the
blessing and gave me health and knowledge to complete this organization study
successfully.
Last, but not the least I would like to thank our friends who were a source of
support and encouragement for successful completion of the report.
Date : 5-01-2018
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TABLE OF CONTENT
Chapter1 1 . Introduction 8
1.1Objective 9
Introduction
1.2 Industrial analysis 10
Chapter 5 Conclusion 68
Reference 69
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CHAPTER 1
INTRODUCTION
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1. INTRODUCTION
An organization is a social arrangement which purses collective goals, which controls its
own performance, and which has a boundary separating it from its environment.
Organization is the association formed by a group of people who see that there are benefits
available from working together towards some goal.
This organizational study is carried out at Traco Cables, Ernakulam. The organizational
study has been carried out to get an understanding of the structure and functioning of the
organization. The study is very helpful to know about the day to day activities of the company.
This study is based on the different aspects and dimensions of different departments of the
company. This report contains up to date details on the business operations, structure, function
and process of various departments and their interdependence. Traco Cable Company produces
different kinds of cables for different users. They produce power cables and telephone cables,
which are mainly consumed by the Kerala state electricity board and Bharat Sanchar Nigam
limited. Organizational studies are the study of individual and group dynamics in an
organizational setting, as well as the nature of organizations themselves. Whenever people
interact in organizations, many factors come into play. Organizational studies refers to the study
of organization as a whole and getting adequate knowledge with various departments in the
organization. This study is essential to any MBA graduate as it helps them to connect theory with
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practice. This is aimed to get the direct experience of the overall functioning of the organization.
It will help to understand the working environment and procedural setup of an organization
The study is aimed to get the direct experience of the overall functioning of the
organization. It will help to understand the working environment and procedural setup of an
organization. The study helped in gaining some practical knowledge about the organization and
the functioning of respective departments in the organizations.
Primary objectives
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1.3 INDUSTRY PROFILE
It’s not at the hands of Netflix, nor at the hands of fiber optic technology. It’s not even at
the hands of the Internet. Cable is strangling itself with its own wires. Before we get to cable’s
end, let’s start at its beginning. Cable companies thrive because they build networks, then pack as
many people onto them as possible. They are the people who are using the networks both for
internet and TV. That means 500 neighbours could be sharing the same cable lines.
When you go to stream “Homeland” at night, it’s a lot slower than if you did it in the
morning since more people are likely to be online at night an everyone’s using the same cables.
Everyone is sharing, and everyone is getting frustrated because sharing bandwidth isn’t
conductive to fast Internet. This technology wasn’t built for Internet streaming. It was built to
watch TV. Cable company hold a monopoly on the cable Internet market through coaxial cables.
But that monopoly on the cable Internet market through coaxial cables. But that monopoly is
breaking down, because right now, cable providers are bleeding subscribers. Since 2007, cable-
cutting households have increased 150 percent.The problem becomes even bigger when you
think about what’s to come: more people using more devices in more places. According to a
recent Nielson survey, 46 percent of smart phone users and 43 percent of tablet owners say they
use their devices at the same time they watch TV.
cable is two or more wires or ropes running side by side and bonded, twisted or braided
together to form a single assembly. In mechanics, cables are used for lifting and hauling: in
electricity they are used to carry electrical currents. An optical cable contains one or more optical
fibers in a protective jacket that supports the fibers. Mechanical cable is more specifically called
wire rope. Ropes made of multiple strands of natural fibers such as hemp: sisal, manila and
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cotton have been used for millennia for haunting and hauling. By the 19 century, deepening of
mines and construction of large ships increased demand for stronger cables. Invention of
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improved steelmaking techniques made high quality steel available at lower cost, and so wire
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ropes became common in mining and other industrial applications. By the middles of the 19
century, manufacture of large submarine telegraph cables was done using machines similar to
that used for manufacture of mechanical cables.
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In the 19 century and early 20 century, electrical cable was often insulated using cloth,
rubber and paper. Plastic materials are generally used today, excepet for high reliability power
cables. Electrical cables may be made more flexible by stranding the wires. In this process,
smaller individual wires are twisted or braided together to produce larger wires that are more
flexible than solid wires of similar size. Bunching small wires before concentric stranding adds
the most flexibility. Copper wires in a cable may be bare, or they may be coated within a thin
layer of another material: most often in but sometimes gold, silver, or some other material. Tin,
gold, silver are much less prone to oxidization than copper, which may lengthen wire life and
makes soldering easier. Tight lays during stranding makes the cable extensible( CBA- as in
telephone handset cords). Cables can be securely fastened and organized, such as by using cables
trees with the aid of cable ties or cable lacing. Continuous- flex or flexible cables used in moving
applications within cable carriers can be secured using strain relief devices or cable ties. Copper
corrodes easily and should be layered with Lacquer. At high frequencies current tends to run
along the surface of the conductor and avoid core. This is known as the skin effect. It may
change the relative desirability of solid versus stranded wires.
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• UniflexCables Limited
Exporters of jelly filled telephone cables, unfilled telephone cables, aerial cables, self-
supported aerial cables, drop wires, switch board wires and buried service wires. Also
manufacture power cables, LT power cables and elastomeric cables.
• U M Cables Limited
Manufacturer, exporter and supplier of copper cables, telephone cables, jelly filled copper
cables, jelly filled telephone cables, jelly filled aerial copper cable, jelly filled copper cable,
armored copper cable and duct copper cable.
Engaged in export of jelly filled telephone cables, heat shrinkable cables, control cables,
jelly filled cables, instrumentation cables, power cables, aerial bunched cable, building wires,
flexible cords cable and automotive wires.
Manufacturer, exporter and supplier of jelly filled telephone cables, PVC jelly filled
telephone cables, PVC jelly filled armored telephone cables, PVC jelly filled unarmored
telephone cables and copper PVC jelly filled telephone cables.
• Sudarshan Telecom
Engaged in wholesale manufacture and exports of jelly filled communications such as duct
cables, aerial cables, duct burial cables and 50 pair jelly filled telephone cables.
• Miracle Cables India Private Limited
Suppliers and manufacturers of telephone cables, jelly filled telephone cables, telecom
cables, telecommunication cables, armored telephone cables, multicore telephone cables etc.
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• Mayfair Machine Kraft Pvt. Ltd.
Manufacturers and exporters of cable making machinery for jelly filled telephone cables
and power cables including caterpillar unit, rotating die holder, construction machine, pay off
device and sector sensing unit.
Manufacturers and exporters of cable making machinery for jelly filled telephone cables
and power cables including caterpillar unit, rotating die holder, construction machine, pay off
device and sector sensing unit
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In the 19 century and early 20 century, electrical cable was often insulated using cloth,
rubber and paper. Plastic materials are generally used today, excepet for high reliability power
cables. Electrical cables may be made more flexible by stranding the wires. In this process,
smaller individual wires are twisted or braided together to produce larger wires that are more
flexible than solid wires of similar size. Bunching small wires before concentric stranding adds
the most flexibility. Copper wires in a cable may be bare, or they may be coated within a thin
layer of another material: most often in but sometimes gold, silver, or some other material. Tin,
gold, silver are much less prone to oxidization than copper, which may lengthen wire life and
makes soldering easier. Tight lays during stranding makes the cable extensible( CBA- as in
telephone handset cords). Cables can be securely fastened and organized, such as by using cables
trees with the aid of cable ties or cable lacing. Continuous- flex or flexible cables used in moving
applications within cable carriers can be secured using strain relief devices or cable ties. Copper
corrodes easily and should be layered with Lacquer. At high frequencies current tends to run
along the surface of the conductor and avoid core. This is known as the skin effect. It may
change the relative desirability of solid versus stranded wire.
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Power cables
A power cable is an assembly of two or more electrical conductors, usually held together
with an overall sheath. The assembly is used for transmission of electrical the ground, run
overhead, or exposed. Flexible power cables are used for portable devices, mobile tools and
machinery. Early telegraph systems used the first forms of electrical cabling, transmitting small
amounts of power. Gutta- percha insulation used on the first Submarine cables was unsuitable for
bulding wiring use since it deteroiorated rapidly exposed to air.
Flexible cable
All electrical cables are somewhat flexible, allowing them to be shipped to installation
sites wound on reels or drums. Where applications require a cable to be moved repeatedly, such
as for portable equipment, more flexible cables called “cord” or “flex” are used. Flexible cords
contain fine stranded conductors, not solid core conductors, and have insulation and sheaths to
withstand the forces of repeated flexing and abrasion. Heavy duty flexible power cords such as
those feeding a mine faces cutting machine are carefully enginerried their life is measuered in
weeks. Very flexible power cables are used in automated machinery, robotics, and machine tools.
Other types of flexible cable inclruns, but ude twisted pair, extensible, coaxial, sshielded,
communication cable.
Believe it or not a brand of cable can be critical example; one of our clients moved into a
new building the telephone guy also pulled the network cable and did the work station jacks and
he did a good enough job of it. The problem was he pulled two brands of category – 5 cables,
and one brand was incompatiable with the network cards in the client’s computer. This was just a
low based network with very short runs, but the workstations on that brand of cable simply
didn’t network. In a couple of other pre- pulled cases we found the wire so brittle we had trouble
termainting in without breaking it. Again this increased the client’s expense. For these reasons
we prefer to supply the cables regardless of who is going to pull it.
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1.3.5MARKET
main customers for the ACSR cables are electricity board of various status and railway
department. In the case telephone cables main market is BSNL and other telephone companies.
• Hindustan cables
• Telecom sterile
• Finolex cables
• Rpg
of the companies like ACSR cables weather proof cables and power cables are used by
several departments in India so they are manufactured to meet Indian standard specification.With
stringent quality methods, the cables are of excellent quality and have been acclaimed as one of
the best in the country, the signaling cables are made to railway specification are functioning all
over India. This is becayse traco never compromise on quality. More over the company has
undertaken expansion and modernization projects, which would double the overall production
capacity of poer conductors. This would sustainably help to improve the probality years.
The post telegram department also recognized TRACO co: to manufacture petroleum
jelly filled cable incorporating the latest technology in the production and testing of such cables
by recommending to the government of India to grant to license to TRACO for
MANUFACTURE of 500 lakhs KM Jelly Filled Cables per annum in view of superior
technology incorporated in manufacture of petroleum jelly filled cables and on account of the
fact that jelly filled cables are cheaper compared to conventional. The telecommunication
department of government of India has decided to discontinue progressing the manufacture and
use of paper insulted lead sheared cables and use only petroleum jelly filled cables for subscriber
lines in future.
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1.3.8 WORLD SCENARIO
INDIA has made remarkable progress in recent years in the manufacture of cables and
conductors. The country has not only achieved self sufficiency in this field but has also made a
big head way into the international market. Rural electrification and telecommunication networks
undertaken by various state governments as part of national policy lay the crucial infrastructure
backbone for the recently liberalized industry with increased Private Public Participation (PPP)
and privatization. The investment strategy of the government primarily relies on promoting
investment through a combination of public investment with private investment participation.
PPP will promote and streamline strategies for future development and management of the
economic and social infrastructures ensuring effective use of resources, access to modern
technology, timely implementation and operation for rapid economic growth. The Indian
economy grew at an average annual rate of 9% in 2008 before global economic meltdown.
Despite the adverse circumstances Indian economy grew by 6.7% in 2009, 7.9% in 2010, and
8.5% in 2011 and is expected to achieve a growth rate of 9% in the year 2012. The telecom
sector and the power sector needs infrastructure development which is crustal for fueling for the
growth for the economy however power shortage remain a problem in many part of the country
and the distribution segment (transition and distribution) shows steady growth in the requirement
for cables and conductors. In the telecom sector private investment increased from Rs.6crores in
2003 to Rs.51crores in 2010 and competition and access to consumers seems to be the driving
force. Therefore the pace of economic and social development of the nation depend to a very
large extend of the development of infrastructure in the power sector as well as in the
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telecommunication sector. The market segmentation and structure of the cable industry in India
are there both in Power sector as well in Telecom sector. Power cables are segregated into high
and low voltage varieties. Telecom cables are classified as high capacity cables (Optic Fiber
Cables) and low capacity cables (Jelly Filled Telecom Cables). Organized players have higher
presence in Indian Telecom sector since it involves higher capital and technology inputs when
the higher presence of unorganized players in Indian power cables segment is evident for reasons
of low investment. The current scenario prevailing in the Indian cables industry has ample focus
on government policy along with demand- supply position. In this context, special focus has
been given to the impact of government decisions on the industry for direct foreign investment
putting an end to Public sector monopoly in the Industry.The nearly Rs 25,000- crore Indian
cable industry has come a long way from being a small and uninfluential segment two decades
back. According to IEEMA, the nodal agency representing manufactures of electrical, industrial,
electronics and allied equipment, cable segment makes up for 26.5%nof the entrie electrical
industry today, which is expected to double in size over the next five years. However, more than
half of this segment’s operations lie in the unorganized sector.
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private players of outside state. 3.3 Company Profile Traco Cable Company TRACO CABLE
COMPANY is incorporated in the year 1960; the foundation stone of Irumpanam unit was laid
down by Shri Manubhai.M Shai. The then Union Minister for Industries on March 19th
1960.The company started its operation in the year 1964.
In India most of the communication being made possible through cable communication.
India is not behind most of the developed contries in the field of communication. India is making
headway in the field of cable manufacturing India has to depend its neighbouring countries for
the import of either rawmaterials or finished cables.
So that no more money may be spend on the imports of cables from foreign countries. As
a result, India has No:1 only achieved self sufficiency in the field of cable manufacturing, but it
is made a big head in to the international market. The government has triggered the entrie project
relating to the setting up of cable manufacturing company in India. As a result the central
government has allowed to import the machinery required for the manufacture of high quality
cables, both power cables as well as telephone cables and has allowed considerable rates to
concession of these machinery as well as raw materials mainly coppers.
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CHAPTER 2
ORGANIZATIONAL ANALYSIS
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2.1 Company Profile
TRACO CABLE COMPANY is incorporated in the year 1960; the foundation stone
of Irumpanam unit was laid down by Shri Manubhai.M Shai. The then Union Minister for
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Industries on March 19 1960.The company started its operation in the year 1964. Shri M.D Jose
was the first chairman and the managing director on whose initiation Irumpanam unit of the
Traco Cable Company commenced its operation.
The superiority of TRACO cables is the result of better know-how combined with
well equipped machinery and efficient work force. Rigorous quality control is maintained during
every stage of production, which ensures, that the products going into the market are according
to the IS specifications. With the progress in Cable Technology, Paper Insulated Cables gave way
to the much more sophisticated Jelly Filled Telephone cables which are superbly suited for
communications. TRACO was one among those who first perceived the opportunities inherent in
this new development. It soon went into Technical collaboration with M/s. General Cables Inc.,
USA, world leaders in the Communication cable field and manufactured them in India to
exacting standards
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The company started its function with a capital of Rupees one core divided into
250000 per: shares of Rs.10 each and 750000 equity shares of Rs.10 each. The unit was has been
manufacturing cables required for the Railways, the BSNL and the KSEB. Traco's power cable
manufacturing unit has a workforce of 210 and the telephone cable division around 450. The
estimated turnover of Traco cables is around Rs 44.8crore.
It is true that all these years much of our time and effort was spent on making
underground cables that are as fail proof as can be. As a result, we have connected millions of
people, playing an important role in communications. And our efforts are still on, to bring you
better products. But there are no plans to stop with underground cables alone. And thereby ignore
people who could not be connected with underground cables due to geographic and economic
reasons. In short, TRACO has diversified into Aerial Cables.
TRACO's new range of self support Aerial Cables connect people aerially at the same
time, economically. They are manufactured to both national and international standards.
TRACO has developed Aerially Bunched Cables for LT Overhead lines also. They are
polythene Insulated Aluminum Cables of specification: REC Specification No.s2/1984 and have
a rated voltage of 1.1 K V. These types of cables help in reducing the power interruptions to the
barest minimum level possible. Many of the advanced countries are all ready switching over to
these cables from the bare counter system.
1. Corporate office
The registered and corporate office of traco cable Company is located in Cochin, panampilly
nagar the industrial city of Kerala. Board of directors, MD’s office, and all main heads of traco Cable
Company is located at the registered and corporate office.
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2. Tiruvalla unit
In tiruvalla unit of traco cables having two major divisions they are power cable division and
telephone cable divisions
3. Irimpanam unit
In irimpanam unit also having two divisions
• Power cable division.
• Telephone cable division.
4. Kannur unit
Kannur unit mainly focused on house wiring cables.
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2.2 MISSION AND VISION OF TRACO CABLES
VISION
We will be a national player as the deliverer of cables and conductors through continual
improvement on the R&D and Quality.
MISSION
To achieve 250 Crore turnover by 2020 Meeting the customer’s requirements with quality
products Continuously adopting the state of the art technology in the Industry Providing the
products at affordable prices
ORGANISATIONAL POLICY
WORK
IMPROVEMENT
MISSION
&VISION
PRODUCT METHOD
IMPROVEMENT IMPROVEMENT
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2.3 PRODUCT PROFILE
RANGE OF PRODUCTS
The range of products consists of underground Aromed and unarmored jelly filled Telephone
cables, Dry core cables, Aerial cables, and PCM cables besides AAC, ACSR, AAAC power/
control cables etc. details below:
• PVC Electric cables (copper and aluminum conductors for all working pressures up to
1100 volts and 1500 volts D.C)
• PVC insulated and sheathedunaromed/ unarmoured / armoured Heavy duty cables (up to
120sq.mm)
• PVC insulated and PVC sheathed weather proof cables.
• Polythene insulated and polythene sheated weather proof cables.
• Overhead conductors(up to 37 strands)
• All aluminum conductors (AAC)
• Aluminum conductors steel reinforced (AC/ S/R)
• All aluminum Alloy conductors (AAAC)
Self-supported Aerial cables
Polythene insulated moisture barrier self-supportingaerial cable. Suspension wire and the
cable core are contained in a single polythene sheath 10 pairs with 0.4, 0.5, 0.36, and 0.9mm
gauge: Telecommunication.
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Self-Supported Aerial Cable
Polythene Insulated Moisture barrier self-supporting aerial cable. Suspension wire and the cable
core are contained in a single polythene sheath 10 pairs with 0.4, 0.5, 0.63 and 0.9 mm gauge.
Spec:
Telecommunication Research Centre Spec. No. 52-23/85 TRC with reference to various ASTM,
BS and IS specification
PVC insulated drop wire Spec: ITD Spec. No’s/WS-118D & P.V.C. insulated and polythene
sheathed aerial cables 5 pairs/10 pairs Spec. No. SP/76-2/87/63
Bare Conductors
ACSR-Aluminum Conductor with Steel Reinforcement as per IS: 398 for power distribution and
transmission.
AAAC- All Aluminum Alloy conductors for transmission: Spec: IS 398 for power distribution.
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Flat Twin Cable
Flat Twin weather proof cables - PVC insulated Aluminum Flat Twin Cables: 1100
V. Grade Spec: IS 694 Extensively used for providing connections to the domestic
consumer
We are providing a wide range of Bare Aluminum Alloy Wires to our clients.
These are developed from a wide range of aluminum alloys, depending on the
customer demands.
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PVC drop wires
With the vast experience in related industry, we feel proud to introduce in the
markets a wide collection of Jelly Filled Telephone Cables.
Aluminum wires
Aluminum conductors
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2.3.1 CORE PRODUCTS – ACSR CABLES
Traco Cable Company manufactured the above mentioned product earlier, at present the
company only manufactures ACSR cables at the Ernakulam unit. The unit was well known for
producing the jelly filled cables until 2004, but the demand of it reduced considerably due to the
fast technological development in the telecom sector. Therefore the capacity built up at
Ernakulam unit has been underutilized during the period from 2001-2002.
Instead, the unit has been revived by commencing production of power conductors (ACSR
cables) in February 2007. Since the company, at present undertakes only the production of ACSR
cables, let us therefore study in detail about this cables. There are about four varieties of ACSR
cables manufactured in the plant the following table represents the varieties of ACSR with a short
description about it:
❖ Varieties of ACSR Cables
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• Aluminum conductors with steel reinforcement (ACSR) as per IS: 398 for power distribution
and transmission
1. Ariel cables
Copper conductors overhead telephone cables up to 20 pairs (as per BSNL specification)
II. Copper conductor-single pair telephone cables (as per BSNL specification)
Indian railway specification No: S63- 89 for insulated cables for railway signaling
Drop wire
1100 grade specification IS: 1554
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IV. XLPE insulated power cables
XLPE is an abbreviated designation of “cross-linked polyethylene.” Polyethylene has a
linear molecular chemically bonded as shown in B are easily deformed in a three dimensional
network as shown in C and D, have strong resistance to deformation even at high temperature.
An important advantage of XLPE as insulation for medium and high voltage cables is
their low dielectric loss. The dielectric loss factor is about one decimal power than that of paper
insulated cables and about two decimal powers lower than of PVC- insulated cables. Since the
dielectric constant is also more favorable the mutual capacitance of XLPE cables is also lower,
thus reducing the charging currents and earth leakage currents in networks without the rigid star-
point earthling.
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2.3.3 Existing and new products
Existing
✓ Aluminum conductor steel reinforcement cables
✓ Weather proofing cables
✓ New
✓ Railway signaling cable
✓ XLPE
✓ Aluminum conductor steel Reinforced cables
Polythene insulated Jelly filled, Moisture barrier armored/unarmored Telephone cable 10 pair to
2400 pairs conductor dia: 0.4mm, 0.5mm, 0.63mm, 0.9mm, Spec: TK 110 with reference to
various ASTM, IEC and IS specification.
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Characteristics of Jelly filled cables
❖ Ideally suited for extreme hot and cold weather conditions
❖ Ideal for water logging areas
❖ Highest clarity in communication
❖ Easier to handle and less maintenance
FUNCTIONAL DEPARTMENTS
MARKETING DEPARTMENT
Marketing department serves as the face of the organization, coordinating
and producing all materials representing the company. It is the marketing department's job to
reach out to potential customers, investors and the community, and create an image that
represents the company in a positive light. Marketing departments often collaborate with other
divisions within the company, such as advertising, promotions, sales, product development and
market research.
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The marketing department moreover plays a vital role in the production planning as a
constant feedback of the quality of finished products is verified regularly to check the possibility
of finishing the production of the uses specified products in time. Hence, the department plays an
overall significant role in the functioning of the organization. Marketing is a matching process by
which a producer provides a marketing mix (product, price, promotion and physical distribution)
that meets consumer demand of a target market within the limits of society. Since the inception
company has been managing its activities with a centralized control. Due to the increase in
competition and necessity to exert full control over the system the company has introduced a
Decentralized way of managing the departmental activities from this fiscal year.
1. Order canvassing:
The department continuously monitors the media, newspapers, sites etc. for canvassing
the orders.
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2. Tender participation:
The company participates in tenders. There are two types of bids namely price bid and
technical bid. The companies qualifying in the techno-commercial bid are allowed to participate
in the price bid. The Techno –Commercial bid includes details such as capability of the
company, quality of products and processes, status of past orders etc. If qualified in it, the
company can apply for the actual bid. Performance bank guarantee and security deposit bank
guarantee is required to participate in the bid.
All over India, the company has fixed agents for order canvassing. They are given a
commission of 1% or 2%.
4. Giving information:
PRODUCTION DEPARTMENT
The production department is the driving force turning the wheels of every
manufacturing company because without it there are no goods to sell to customers. Along with
producing the goods a manufacturer sells, the production department determines how much of
those goods can be produced in a certain time frame.
The main role of production is to turn inputs (raw materials) into outputs (finished
goods). Outputs refer to a finished product or service and inputs are the materials that are needed
to manufacture certain goods. When a business completes this process they are able to achieve
customer satisfaction by producing products that are ready to be used and fit for purpose.
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The production department is responsible for ensuring quality is achieved in each item
produced. They will need to carry out inspections and implement suitable quality initiatives.
This is the last step in a long production process. The production department coordinates
the production of each part of the assembled goods to ensure all parts are being produced in
conjunction with each other. All parts of an assembled product are formed from raw material.
This process takes several steps from the production department to make sure each part of the
product is being produced simultaneously or within the same time frame.
b. Production scheduling
According to the schedule, different shifts are planned. And on completion, the finished
goods are handed over to the Quality Assurance Department. The Quality Assurance Department
conducts various tests and after testing, if they are satisfied they issue a clearance and the
finished goods are dispatched from the stores department.
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(f) The books maintained in production department are:-
1) Production log book :- Quantity level assigned to each machine recorded in this book.
2) Daily production report: - Records details of daily production.
3) Daily production review report :- It reviews weather the daily production is
Achieved as planned or not.
4) Raw material stock position :- Records the position of stock of raw materials.
PURCHASE DEPARTMENT
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➢ Verifies budget codes and availability of funds.
STORE DEPARTMENT
TRACO Cable Company has a fell functioning store department. Duty of store
department is to take care of raw materials, finished goods, spares and tools. Materials required
for all departments are deals with general store. In TRACO Cable Company the store department
usually follows FIFO method of storage. This FIFO method will help to avoid deterioration of
materials and to avoid confusion on fluctuation of prices. A day book is maintained in this store
department for recording all the daily transaction taken place. There are mainly three stores
TRACO namely:
➢ General store
➢ Spare and tools store
➢ Finished goods store
In general store all materials which required for all departments are
maintained Materials handled by general store are as follows:-
➢ Raw materials
➢ Printed stationary and other stationary materials
➢ Packaging materials
➢ Miscellaneous materials
➢ Electrical consumable materials
➢ Building materials
➢ All consumable materials
In spare and tools store all tools, spares, machinery, etc. for production process
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In finished goods store all final products are stored here. After testing, the goods are packed and
dispatched.
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FINANCE DEPARTMENT
The roles and responsibilities of a finance manager require a sincere commitment
and an inexhaustible need for new challenges. Each industry has its own rules and spending
regulations so that finance managers must adhere to and more importantly hold each department
of the business accountable to in order to maintain a fully functioning and federally compliant
organization. Finance managers may allocate resources to each department and draw up plans for
future departmental budgeting in an effort to maximize company finances for optimal
performance and also have final approval for all financial transactions for purchases occurring
from outside the business.
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1. Making Arrangements for Funds.
2. Working Capital Management.
3. Maintaining Accounts.
4. Costing System
a. Making arrangements for funds.
The Finance Department makes arrangements for funds from banks. Presently the
company has got an arrangement with a consortium of four banks for the arrangement of funds.
The banks issue a credit monitoring arrangement in which the Finance Department has to
convince the bank for lending funds to the company. Every month the company has to submit a
stock statement to the bank containing the current position of the company’s raw materials, funds
available, debtors, stock etc. The bank is given an idea as to how much fund is required by the
company and according to that the bank lends funds to the company. Only 75% of funds are
issued by the bank. Rest has to be financed by the company’s funds.
Even if the sanctioned amount by the bank is high, the company can draw only according to the
present position of the company’s stock, funds, debtors etc.
b. Working capital management.
Working Capital Management is another important function of the Finance Department. The
raw materials are used for work in progress. It is then converted into finished goods. The finished
goods are then sold on credit, thereby resulting in the creation of debtors. On receiving the
payment from debtors, the cash is used as funds. The Finance Department assures that the
processes in the cycle are not blocked at any stage. This cycle can get blocked if there is a delay
in dispatch of finished goods or if there is a delay in payment of debts. Whenever there is a
shortage of funds the finance department assures maximum and apt use of available funds. There
are certain Working Capital facilities available to the organization. Some of these facilities are: 1.
Letter of Credit. 2. Bank Guarantee 3. Bills Discounting.
(c) Letter of credit
Here the organization opens letter of credit account and within about ninety days, if the
organization is not able to pay, the bank pays to the supplier. The supplier dispatches the supplies
only after the buyer opens a letter of credit account.
(d) Bank guarantee.
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Once an order is taken up by the company for supplying the goods, a guarantee is given by
the company’s bank that the goods will be supplied as undertaken by the company. All the details
about the supply is given and also the time period within which the goods will be supplied.
(e) Bills discounting
The bills are discounted if there is a shortage of funds. For long term loans to the Finance
Department of the company approaches the banks.
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b. Depreciation is provided on written down value method.
(3) Inventories
Various items of closing stock have been valued as under:
a. Finished goods –At lower cost or net realizable price inclusive of excise duty
b. Work in Progress- At material cost plus the labour and overhead Expenses to material
consumed.
c. Raw Material- At cost
d. Stores, Loose Tools and Packing materials- At cost.
e. Scrap – At net realizable price.
f. The company recognizes sales at the point of dispatch of goods to the customer. Sales are net
of duty and sales tax.
(i) Budgeting
The budget is prepared within the company itself. The budget is prepared by fixing an
estimate sale and accordingly all other expenses are fixed.
Quality control is there to ensure that the product being sold is not in any way
harmful or defective. Quality control is a process employed to ensure a certain level of quality in
a product or service. It may include whatever actions a business deems necessary to provide for
the control and verification of certain characteristics of a product or service. The basic goal of
quality control is to ensure that the products, services, or processes provided meet specific
requirements and are dependable, satisfactory, and fiscally sound. Quality control involves the
examination of a product or process for certain minimum levels of quality. The goal of a quality
control team is to identify products or services that do not meet a company’s specified standards
of quality.
‘TRACO Cable Company Limited shall strive for continual improvement in its performance, by
meeting the needs of internal and external customers, complying with regulations through the
involvement of all its employees’.
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b) Quality assurance in traco cable company
TRACO CABLE COMPANY has a well known label of quality products. Main duty of
quality assurance department is to ensure the products have reached its international standard
specification and also ensure that the quality is higher than the competitors. Traco has ISO
certification so that it is the responsibility to ensure the right quality for the products. It is also
the responsibility of the Quality Assurance Department to check whether the quality of the
finished goods match the International standard.
MAINTENANCE DEPARTMENT
TRACO cables have a well functioning maintenance department. The main duty of the
maintenance department is to maintenance and preservation of machinery and infrastructure. It is
the responsibility of the maintenance department to make sure that the factory premises are clean
and all the necessary facilities are available for a good working environment. The maintenance
department should ensure that all machines are well functioning for the production. The
machines which is used for production should be properly maintained and repaired whenever it
necessary. This will result in smooth working of the production process without any disruption.
(a) Responsibilities of maintenance department
The main responsibilities of maintenance department is to
➢ Timely inspection and servicing of equipment,
➢ Instructing workers on proper use of equipment,
➢ Raising timely indent for replacement of equipment or spare parts.
(b) Functions of the maintenance department
The main functions of the maintenance department are as follows:-
➢ Controlling maintenance personnel.
➢ Deciding inspection methods and routine.
➢ Developing and issuing standard instructions.
➢ Issuing maintenance work orders.
➢ Maintaining maintenance records.
➢ Measuring efficiency of maintenance.
➢ Planning maintenance work on a long term basis.
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➢ Storing maintenance materials e.g., tools, spare parts, lubricants, etc.
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(b) Functions of P&A department in Traco Cable Company
➢ Appointing of temporary hands/ casuals if required.
➢ Calculation of retirement/ Terminal benefits to retiring, resigning and terminated employees
or employees dying in service.
➢ Grievance handling.
➢ Issuing of promotions/ personal grade to each employee.
➢ Maintaining of attendance of employees, late coming, early going, absenteeism, overtime etc.
➢ Maintaining of personnel files.
➢ Mede-claim policy, personal accidents claim etc.
➢ Providing facilities like housekeeping, lighting, telephone etc.
➢ Work connected with loans and advances of employees.
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post advertisement are given in newspapers. According to the performance of the candidate in
the group discussions and interview, the selection is carried out. Recruitment and selection of the
managerial post were conducted in corporate office which is situated at Panampilly Nagar.
Unskilled workers will be promoted to the semi-skilled position after much experience and
training. The appointment procedure is as per government rules. Currently, no recruitment is
being done in the company since the existing employees are in excess.
(e) Training
Training is very important for efficient performance in the job. There is a
procedure called TNA (Training Need Assessment). The higher level managers of all
departments assess the training needs of the employees under them. After this TNA report is
forwarded to the Head Office for approval. At the Head Office, the Managing Director decides as
to what type of training has to be provided. Based on the TNA an annual training plan is prepared
in March of every year. There are two types of training:
1. In house Training
Here, the training is given in the organization itself. It can be of two types, using Internal
Faculty and External Faculty.
2. External Training
Here the employees who need training are sent outside for training institutions that
conduct training programs.
If there is more number of employees with training needs, the organization goes for an in-
house training programmed and if only a few employees need training, they are sent outside for
training. After the training programmed is completed the employee needs to submit a feedback
assessment of the training programmed based on how they can improve the performance. Later
the employee is observed as to whether any changes have happened in the performance of the
employee. It also helps in the promotion of employee.
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➢ Parameters include: increase in productivity, inter personal relations, ability to adjust to
working environment etc.
➢ The main parameters are
1) Attendance,
2) Punctuality and
3) Job knowledge.
It is then grouped into five categories such as poor, satisfactory, good, very good and
excellent. Points are given for each category and then grouped into grades. A skill matrix is
prepared and based on that training need is assessed.
(g) Wages and salaries
All employees are appointed in their respective scales of pay, which is finalized as part of
long term agreement made in periodic settlements. There is an increment in wages and salaries
every year. Here at TRACO, wages are also paid per work and additions are made for overtime.
Deductions are also made for reasons of leave, late entry etc.
(h) Discipline
There are certain standing orders set by the organization on the conduct of employees.
Standing orders works as the main guideline regarding the discipline. In case of misconduct, the
following steps are taken:
➢ First the management issues a note to the delinquent furnish replay on the allegation
regarding misconduct
➢ Then it sends a charge memo asking for explanation and the reasons for not taking
disciplinary action as per standing orders.
➢ An enquiry officer is appointed for a domestic enquiry considering the gravity of the
misconduct management witnesses as well as witnesses from the delinquent with opportunity
to give evidence and to produce documents related to the matter.
➢ Management side represented by presenting officer and delinquent side can be represented by
a co worker or an advocate.
➢ Then a decision is taken based on finding of the enquiry report
➢ Disciplinary authority communicates the enquiry report to the delinquent calling for his
explanation and if no satisfactory replay is furnished disciplinary action taken.
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➢ Disciplinary actions like
• Barring increments without cumulative effect
• Barring increments with cumulative effect
• Warning MEMO or reprimand
Frequent instants of disciplinary action
➢ Absenteeism
➢ Failure to obey orders of superior’s affecting the work
➢ Causing damages to company property due to accidents
➢ Using abuse languages against superiors or co-workers
➢ Man handling other
BANKERS
Site
The company is situated in a total area of 18 acres. The advantage of the site where the
company is situated is
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a) Near to road (6 km)
b) Near to Broad Gauge Railway Station ( 5 km)
c) Power line facilities
d) Cochin airport (90km )
e) Cochin harbor (93 km)
Water
There is no scarcity of water inside company for having water; two tube wells were sunk
at the site. Inside the company there is a big tank for storing water. There is also supply of water
from PWD.
Transport
The company has got all the transport facilities. The company is situated just 6 km from
the main road. The company is 93 km away from Cochin harbor and 90 km from Cochin airport.
Power
11 kV power lines are close to the plant site. The KSEB supplies sufficient quantity of power.
Labour
Kerala is a hundred percent literate state has got enough skilled workers. So getting works for the
company is not at all problems. Total strengths of the company is 270 among them 22 are women
staffs. 60 of the employees are on deputation, 12 on employment leave, and 2 of then treated as
unauthorized absent.
Legal environment
The company has adopted various labourregulations which are enacted for labour welfare.
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• Apprentice act
• Factory act
• Industrial act
• Maternity dispute act
• Maternity benefits act
Political environment
Traco cable is a government owned firm, so naturally its policies and strategies are being
affected by actions of political parties. Functioning of the company is being closely related to the
policies and plans of ruling political parties.
Corporate governance
TRACO cable philosophy on corporate governance envisages the attainment of highest level of
transparency, accountability and equity in all factors of all its interactions with its stakeholders,
company maintain its corporate governance through value addition, wealth , maximization and efficient
use of resources.
Competitors
• Hindustan cables
• Telecom STERLIT
• FINOLEX cables
• RPG
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ISO CERTIFICATION
• ISO 9001
This is the quality management system and assurance standard brought into phase by
international standard organization (ISO) a confederation comprising standard of the world
which aims at standards action of the quality of the product and services to enter to complete
satisfaction of the customer.
• ISO 14001
Traco Cable Company limited is committed for continual improvement in environmental
pollution to conserve resource and to comply with relevant environmental regulations. Traco
cable has got ISO 14001 certification in the year 2001.
• Other certifications
Traco cable has got certification from
▪ RINA –Italy
▪ KEMA –Netherlands
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SWOT analysis
SWOT analysis is an acronyms for strengths, weaknesses, opportunities and threats and is a
structured planning method that evaluates those four elements of an organization, project or
business ventures. A SWOT analysis can be carried out for a company, product, place, industry,
or person. It involves specifying the objectives of the business venture or project and identifying
the internal and external factors are favourable and unfavorable to achieve the objectives. The
degree ti which internal environment is expressed by the concept of strategic fit:
• Strengths : Characteristics of the business or project that give it an advantage over others
• Weakness : Characteristics of the business that place the business or project at a
disadvantage relatives to others
• Opportunities : Elements in the environment that the business or project could exploit to
its advantage
• Threats : Elements in the environment that could cause trouble for the business or project
SWOT analysis aims to identify the key internal and external factors seen as important to
achieving groups key pieces of information into main two categories.
1. Internal factors : the strengths and weakness internal to the organization
2. External factors : The opportunities and threats presented by the environment
external to the organization
STRENGTHS
• Sufficient infrastructure facility available. The infrastructure facility is very prominent
when consider its involvement in the cable industry and the company provides diverse
range of products.
• There is a good relationship and teamwork existing among different departments and
management and the firm enjoys very good relationship between the employees and they
enjoy the teamwork in different department.
• The company have a co-operation and team work between the management and staff/
workers.
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• The products produced in the company is very pure and free from pollutions and there is
a frequent demand for company's product in the market and the company have the
certification of ISO 9001: 2001 and ISO 14001.
• The company providesTechnical knowledge about the staff and more over it is a public
firm so Government supports the job security
• It havea easy transportation facility because it is nearness to sea port, airport and railways.
• The company’s experiences of 5 decades in the industry, its location advantages
WEAKNESS
• The investment in research and development is very low and also the marketing section is
not much strong and because of absence of proper planning, it makes difficulties in the
inventory control
• Because of the frequent failure of power, it disturbs the entrie manufacturing of the cable
industry and there is not good recreational facilities and increase the rate of absenteeism.
• The poltical influences is occurs in the firm is creating many conflicts between workers.
It affects the production and there is lot of formalities for implementing minor decisions
• The firm has the shortage of working capital due to some sort of losses in the previous
years and there are many competitors, among them they have a very small level of
optimum capacity utilization.
• Since it is a public firm, it only promotes the aged work force. They have no vacancies
for new employees. Because of that lack of new developments.
OPPORTUNITIES
• Availabity of new equipments in the market to reduce the cost of production and there is
high demand for bare conductors.
• The competition is less in bare conductor business because no private parties are there.
• The company has undertaken expansion and modernization projects which would double
the overall production capacity for power conductors and demand for bare conductors is
infinite
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• Indian railway are the clients. Company plan to produce Railway Signaling cables so in
the near future railway will became their client.
• Undertaken expansion and modernization projects which would double the overall
production capacity for power conductors.
• The aim of the company is to meet global standards. This provides the opportunity to
create world-class products.
• Unless wireless communication power needs medium transmission and new power
projects by different SEB”s and it provides rural electrification
THREATS
• The main threaten faced by the company is its in the form of private company. Private
players have an established marketing strategy.
• Supply of cable delivery time is another threats. Laggon of the supplies will lost most of
the clients and also the firm has a increased cost of production
• High dependence on KSEB for orders and lack of modern marketing techniques
and Highly organized professional groups in marketing and their targets are the very
important threats.
• Due to emergence of mobile phones there is a drop in demand for JFTC cables.
• It is the company having experencied and aged workforce. But due to the change in the
technology there are some sort of difficulities.
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CHAPTER 3
55
3.1 ORGANIZATION STRUCTURE OF THE COMPANY
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Personal and administrative adopts a welfare role which includes looking after employees
whilst they are at work. They may also create policies that balance organizational needs with
those of the employee.
This involves dealing with all administrative tasks including mail handling, dealing with
enquiries/complaints, catering and computer services. They will also produce documents (ex:
forms, stationary and newsletters) for the organization and maintain the organizations premises
and equipment.
People seek of opportunities, recognition, security, and carrier growth. Skill development
and realizing one’s own potential are always there in the agenda of each staff member. A creative
and responsive human resource team can always motivate its rank and file for better productivity,
creativity and standard of living
3.2Details about the role of the intern and the various duties and responsibilities assigned to
him within the organization.
(a) Duties & Responsibilities assigned to the intern
• To study about the organization and its functions
• To observe, analyse and learn the mission and vision of the organization
• To know about the general features of TRACO CABLES.
• Complete the allotted work on time
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The department allocated is business development and reporting to the Head of P & A.
The organization structure is mentioned above and in accordance with that the departments is
allotted. The intern is allotted in each departments according to the need sometimes but in
majority of times it goes in an order. They will participate the interns in the reconciliation session
, agreement renewing session etc and had to prepare the statements accordingly.
When a task is completed, intern has to report with the department head, But the deviation of
schedules, leaves and reports making is concerned to the HR manager.
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out dispatch and invade section. The letters from each department would be provided to
the dispatch section, and I have to note down the letter number and the address of the
person to who such letter have to be send , then a brief detail about the content of the
letter and the date of issue in the dispatch register. These letter would be provided to
postman for dispatch. These letter would be made in triplicate copy which includes
master copy, office copy and orginal copy. The office copy would be maintained in the
dispatch section, master copy would be maintained in the office and the orginal copy
would be send to the consigned person.
In the second week continued with the dispatch section and also carried out the
invade section which includes the letter would be first provided by the postman to the
personal assistant who would verify and seals the letters and provide it to the invade
section in which I have to sort out the letter to each department and later on I have to note
down the letter number and the address of the person from whom such letter have to be
provided, then a brief detail about the content of the letter and the date of receive in the
invade register.
In the third week, details regarding the attendance have been studied and details
regarding the attendance have been obtained and verified, even the punching system used
for recording attendance have been analysed, late comings and leave taken up would be
noted down and salary calculation would be done on the above data. Even updation of
attendance register would be carried out. In case of late coming employees can come late
up to 10:10 but from10:10 to 10:20 half day leave would be noted and 10:20 it would be
considered as full day. Each employee could take 3 late coming upto to 10:10 afterwards
necessary actions would be taken.
In the fourth week, the details regarding stores and departments have been
studied. First details regarding all the items needed for each department would be
collected and sorted in a particular list. The list would be compared with the stores
department to know whether such an item is available in the store, if such a item is
available in the stores the said item would be removed from the list and provided to the
said department, else a quotation would be called. After completing the said process I
have to enter the said details to the system provided as per the instruction. The bills
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would be cross checked with the details provided.
In the fifth week, I have been taken to the insurance department and details
regarding their practices and work have been studied. Details regarding a present case
have been showed and have been asked to verify whether the necessary documents for
carrying out such case have been provided or not. If any such documents have to not be
attained then to report such document to the said department. While working in the said
company an employee died (die-in-harness) and since such a situation has arrived it was
taken into notice to provide the said job to the deceased employee’s wife and I have been
asked to verify the documents which have to be provided to the collectraite. Even details
regarding trade union have been studied.
In the sixth week, I visited the manufacturing unit in irupanam and viewed in
detail about the different type of raw materials used and there production to their final
storage and transportation. There are mainly 3 type of wires used with different diameter
and after going through a particular process a sample from each 500 meter would be
taken up for quality control. And later on final products would be stored in the warehouse
and provided to the clients as per their orders.
In the seventh week, the details regarding the loyal customer have been studied in
detail. The main customer of TRACO CABLES is KSEB. Details regarding the purchase
order of the manufacturing department have been entered in the data as per the
instructions and also cross checked the invoice details with the manual register. Even
manual counting of physical stock have been carried out and compared it with the stock
register.
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CHAPTER 4
61
4.1 Weekly activity
th
On 5 may 2017 were I joined the company for the summer internship. Started working
at traco, the first days of the week were I Familiarizes with the organization go through each
department and made connect with them especially go through The structure of an organization :
Board of directors, MD, Senior Managers etc. The next days studied about the Quality Policy,
Environmental Policy etc. They making no compromise with quality standards, tend to manufacture
cables that stand to international quality standards and pollution free products. The Company has 7
department: Production, P& A, Marketing, Finance, Purchase,Store,Q & A department
And also analyzed the manpower details of traco which consist of MD,Senior
manager,Manager, Assistant manager, Clerical and workmen.
In this week I mainly go through the data entry section especially filling and
documentation. As per the instruction I done various data entries that are ,letters are collected
and entered the details in register Filed the office copy in the section and the master copy in the
office. This is the job that done in this week and also the end of the week there is an learning
section about the Functions of Production& Accounts departments.
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Week 3(22nd may to 26th may)
rd
Details regarding the attendance had been studied in the 3 week , details regarding the
attendance have been obtained and verified, punching system used for recording attendance had
been analyzed.
And also the statement collection and calculation of salary had been done, it is done
according to the attendance, late coming are noted and salary calculations are done accordingly
also the attendance updating, updating of register has been done. . In case of late coming
employees can come late up to 10:10 but from10:10 to 10:20 half day leave would be noted and
10:20 it would be considered as full day. Each employee could take 3 late coming up to 10:10
afterwards necessary actions would be taken. This rule is followed by them for the salary
calculation
I experienced vouching sections in the Fourth week. Vouchers are widely known as
"Backbone of Auditing”. Vouchers had been done as per the order of office arranged. Punching
And Filing of vouchers as per date of submit and their Voucher number, Sorted and Cross
Checked the Cash vouchers on the bases of Voucher number and invoices.
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WEEK 6(12th june to 16th june)
th
In the 6 week, the details regarding stores and departments have been studied. First
details regarding all the items needed for each department would be collected and sorted in a
particular list. The list would be compared with the stores department to know whether such an
item is available in the store, if such an item is available in the stores the said item would be
removed from the list and provided to the said department; else a quotation would be called.
After completing the said process, have to enter the said details to the system provided as per the
instruction. The bills would be cross checked with the details provided.
In this week of my internship program I have to study about the personal department. In
personal department they provide various allowances and benefits to the employees. They
described about the various functions of the personal department like recruitment, manpower
planning, industry relations, public relation, job descriptions, job specifications etc. Various
allowances provided by the company to the employees are over time allowances, Shift
allowances, Welfare program, Grievance redressed, Trade union, Workers participation in
management. They said about these allowances in detail. analyzed the employee welfare
measures of the company. The welfare programs adopted by the company are in compliance with
statutory requirements.
The last week of the internship were I worked only in gate pass processing and the rest
of the time spent for data collection and report making of the internship.
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4.2 CONTRIBUTION OF THE INTERN TO THE ORGANIZATION
1. Demonstrate the highest level of professionalism, which includes arriving on time for
designated work, notifying the Industry Guide of any deviations from the established schedule,
and dressing to the standards of the organization and the work being performed. Respected the
organization’s reporting structure and followed the policies and procedures of the organization.
2. Discussed effectively with the Industry Guide, and other staff within the organization;
accepted and applied critiques and suggestions to daily work in an effort to become more
productive and/or efficient.
3. Completed and submitted to the Faculty Guide Weekly Time Logs. Completed and discussed
with the Industry Guide the midterm and final evaluations.
5. Being helpful without creating too much work for the full-time employees
6. Completed and submitted to the Faculty Guide Weekly Time Logs. Completed and discussed
with the Industry Guide the midterm and final evaluations.
7. I Worked as a team player in the organisation and that helps me to bring more coordination
between the co-workers.
• The production of power cables and conductors are not power intensive. However earnest
efforts are taken to train the employees to better utilize the available power economically.
• The company’s experiences of 5 decades in the industry, its location advantages etc. are
the strength of the company.
• There is a lack of good infrastructure facilities in the company.
• The relationship and coordination among the employees and staffs of Traco Cables
Company is commendable.
• The work environment of the organization is good
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• The company has a tight security mechanism.
• The company has a monopoly market in ACSR cable and signaling cable.
• All the employees work together to develop the company.
• The company does not make any harmfulness to the surrounding.
• The employees get all allowances and other additional benefits.
• The company is concentrating on quality and therefore their product has 100% quality.
• The customer satisfaction regarding the Traco Cables products is good. And it has good
brand image.
• Safety measures are taken and each employee is well equipped for the risk in his job.
• Fewer funds are allotted for promotion activities.
• The employees both in the rank and under ranked are decently paid
• Workers health and safety are given prime importance.
• Power cables constitute the biggest segment for the wires and cables market which is
expected to exceed a market worth of USD 190 billion by 2018
• Some of the leading companies operating in the global market of wires and cables
includes AKSH OPTIFIBRE, ALKAN CABLES, BELDEN, COMMSCOPE,
CORNING, Inc., EL SWEDY, FINOLEX CABLES, LEVITON AND MOLEX
• The wire and cable industry comprises 40% of the entire industry, which is expected to
double in size over the next five years
• The wire and cable industry comprises 40% of the entire industry, which is expected to
double in size over the next five years
• One of India’s most sought after Paper Insulated Lead Sheathed Telecommunication
Cables were produced by Traco Cables in collaboration with Hindustan Cables, under an
agreement signed in 1974 until the liberalization of licensing policy in the country.
• Traco Cables was one of the two manufactures of Telephone Cables in India and the only
one in the whole of South India.
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CHAPTER 5
CONCLUSION
67
CONCLUSION
TRACO Cables Company .Ltd is presently in a favorable situation as per studies, a very
high quality of cables compared to the industry standards and is having a very good reputation.
The plant runs round the clock with each department playing crucial roles in its smooth running
and together they maintain the market leadership meeting global standards. This is due to the
good employee morale that has been developed in the company right from the beginning and
also because of the excellent managerial capabilities of the middle level management. . The
relationship maintained between the workforces is excellent and the company has a good plant
environment with the latest technology and machinery.
From the Internship report conducted in TRACO Cables Company, the functioning and
the activities of the company are studied. It is found that the company is bound to follow the
rules and regulations to avoid favoritism and corruption. The chance of corruption is less in this
company. The top management is very strict about the same. There is low stress and high job
security. It has a monopoly market of ACSR cables and signaling cables, which company start
shortly. This is Government Company, where 86.61 of shares are held by government of Kerala.
Profit for last four years shows consistency performance by TRACO Cables. This study helped
to understand the relationship between management principles and practical applications. It also
will help to maintain an amiable relationship with the employees as well as with the managers.
Thus, the Internship report conducted at TRACO Cables Company, helped to throw
knowledge and insight into the workings of the organization. It helped me to familiarize with
different departments in the organization and their functioning’s. This study helped me to
understand the relationship between management principles and practical applications. It also
helped me to know the threats and opportunities faced by the company and the industry. was also
able to maintain an amiable relationship with the employees as well as with the managers. This
study was a great experience for me and am proud that I was able to do my Internship report at
India’s no.1 Cable manufacturer
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REFERENCES
• Kotler Philip, ‘Marketing Management’ Eleventh edition, prentice Hall of India Pvt Ltd,
2005.
• Annual report of TRACO Ltd.
• Principles of management
• http://www.tracocable.com/index.html
• https://kerala.gov.in/traco-cable-company-ltd.
• https://www.indiamart.com/tracocable-company/profile.html
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