Electric Wire PDF
Electric Wire PDF
Electric Wire PDF
P roject group: K
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INDEX
No. Particulars Page
No.
1. Introduction 1
Feasibility Report 3
Selection of project 5
PEST analysis 7
Legal formalities
Partnership deed 9
GST registration 12
Certificates 14
ICICI bank loan certificate 17
2. Evaluation of Product 18
Selection of product 19
Specification 20
Projected capacity of production & sales 22
3. Technical Feasibility-1 23
Detailed production process 24
Flowchart 29
Plant & Machinery 30
Waste Disposal 33
Storage system 33
Miscellaneous fixed asset 34
35
Layout & space
4. Technical Feasibility-2 36
Raw material 37
Water 39
Power 39
5. Market Feasibility 40
Interpretation, analysis of customer survey 47
Interpretation, analysis of retailer survey 58
7. Conclusion 88
8. Webography 89
9. Questionnaire for custome r 90
Questionnaire for retailer 92
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CERTIFICATE
This is to certify that members of group “K” of Third-year M.B.A. of K.S School
of Business Management and Research have successfully completed their Project
work on aFeasibility study of “ELECTRIC WIRE” for the academic year 2017-
2018 and have duly submitted to the institute.
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ACKNOWLEDGEMENT
We are using this opportunity to express our gratitude to everyone who supported
us throughout the completion of the project. We are thankful for whomaspiring us
for guidance during this project work. We are sincerely grateful to all of them for
sharing truthful illuminating views on issues related to the project.
We express our warm thanks to Prof. Ishita Sakariya for her support and
guidance at K.S.SCHOOL OF BUSINESS MANAGEMENT.
We would also like to expand our deepest gratitude to all those who have directly
and indirectly guided us in writing this project.
Especially, Our team members itself, have made valuable comment suggestions
on this proposal which gave us the inspiration to improve our project.
We are also greatly indebted to the respondent and dealers for their co-operation
and support. Without their active participation, this feasibility project could not
have been completed successfully.
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PREFACE
Feasibility reports address things like where and how the business will operate.
They provide in-depth details about the business to determine if and how it can
succeed, and serve as a valuable tool for developing winning business plans.
This project studies and analyses various parameters of electric wire and whether
the venture shall be feasible or not.
The project has been divided into three major branches of thefeasibility study,
namely, technical, human resource and marketing.
Our team has made an all-out effort to present a comprehensive feasibility report
and depict the feasibility of the project.
Valuable suggestions from the teachers and students are welcome for the
improvement of the project.
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EXECUTIVE SUMMARY
This project is a feasibility report of Electric Wire. The name of our partnership
firm has been decided as ‘FLEX CAB’ Legal, technical, human resource and
marketing feasibility have been covered in this project.
Marketing feasibility covers the marketing mix for our firm, marketing strategy
adopted and the market research conducted for consumers and dealers of Electric
Wire. The analysis of these surveys show the demand for electric wire
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Chapter:1
Introduction
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PROJECT AT GLANCE
LOGO:
E-mail id : [email protected]
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Feasibility Report
Technical feasibility:
In this era of globalization, thecompany can’t survive without technology. Higher
productivity can come with theonly reduction in cost which in return comes out of
improved technology.
Moreover, theonly adoption of any technology at one time can’t help the company
to survive any longer unless it does not implement it at right time and place. So, to
face themarket, thecompany has to upgrade their technology from time to time.
Marketing feasibility:
Just producing aproduct is not the ultimate end but rather a beginning. It must be
readily accepted and respected by the market.
Marketing feasibility includes determining the proper market for the product and
the different ways for the promotion of the product.
It includes market research, market segmentation, customer relationship and all
other factors related to the market.
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Financial feasibility:
Finance is the heart or the center point, which should be given the most important
because, without it, the unit cannot survive.
So before incurring the cost of the project, any entrepreneur has to find out the
ways raising funds. And for that the cost is estimated and by that financial
feasibility is checked.
Here all the expenses which are going to incur in the establishment process and all
the cost of purchasing machinery, raw materials etc., are taken into consideration.
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SELECTION OF PRODUCT:
Sustainable development for the wireindustry: The Indian Electrical industry has
grown enormously over the years. The growth of the industry is mainly dependent
on the level of economic and development activities being undertaken in the
country.
The recent movements of urbanization, smart infrastructure development,
construction projects, and power projects attribute to rapid growth in wires and
cables industry. With India's power industry growing at a brisk phase, following a
rise in the demand for energy, new energy avenues like renewable energy are
coming up.
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SWOT Analysis
Strength Weakness
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PEST Analysis
A PEST Analysis is an analysis of the external macro environment that affects all
firms. PEST is an acronym for the political, Economical, Social & technology
factors of the external macro environment. Such external factors usually are
beyond the firm’s control & sometimes present themselves as treats.
1. Political factor
Here government regulations and legal factors are assessed in terms of their ability
affect the business environment and trade markets. The main issues addressed in
this section include political stability, tax guidelines, trade regulations, safety
regulations and employment laws.
- Income tax act,1961
- Weights and measurement act,1976
- Hazardous substances rules,2011
- Environment protection act,1986
- Gujarat industrial act,2000
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2. Economic factor
Through this factor, business examines the economic issue that is bound to have an
impact on the company. This would include factors like inflation, interest rates,
economic growth, the unemployment rate and policies, and the business cycle
followed in the country.
3. Social factor
4. Technological factors
How technology can either positively or negatively impact the introduction of a
product or service into a marketplace is assessed here. These factors include
technological advancements lifestyle of technologies, the role of the internet and
the spending on technology research by the government.
In our business technology change, day by day and for business. It is not possible
to do such heavy investment due to change in technology, therefore, theindustry
will follow the source technology with asource of changes.
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Legal formalities
PARTNERSHIP DEED
The deed of partnership is made on [14, July 2017] between:
1. Prajapati Harsha, daughter of Mr. Bhupatbhai, residing at khodiyarnagar-382350
here in after referred to as the FIRST PARTNER.
Whereas, the parties hereto have agreed to commence business in partnership and
it is expedient to have awritten instrument of partnership. Now,this partnership
deed witness as follows:
1. BUSINESS ACTIVITY
The parties hereto have mutually agreed to carry on the business of Manufacturing
of electric wire.
2. PLACE OF BUSINESS
The principal place of the partnership business will be situated at Plot No. 115,
Vatva GIDC,Vatva, Ahmedabad.
3. DURATION OF PARTNERSHIP
The duration of the partnership is at will.
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4. CAPITAL OF THE FIRM
Initially, the capital of the firm shall be Rs.65,00,000.
Each partner will bring 15,00,000 and take a loan from ICICI bank of 5,00,000.
6. MANAGEMENT
The Prajapati Harsha and Parekh Garvit of the firm shall be Managing Partner and
he will look after all the day to day transaction of the firm and any legal activities
in the name of the firm and the remaining partners shall co-operate to do so.
8. BORROWING
The written consent of all Partners will be required for the partnership to avail
credit facilities from any financial institution of uptoRs. 50,000.
9. ACCOUNTS
The firms shall regularly maintain in the ordinary course of business, true and
correct accounts of all its transactions and also of all its assets and liabilities, the
property books of account, which shall ordinarily be kept at the firm’s place of
business. The accounting year shall be the financial year from 1st April onwards
and the balance sheet shall be properly audited and the same shall be signed by all
the Partners. Every Partner shall have access to the books and the right to verify
their correctness.
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10. RETIREMENT
12. ARBITRATION
Wheneverthere by any difference of opinion or any dispute between the partners
the partners shall refer the same to an arbitration of one person. The decision of the
arbitration so nominated shall be final and binding on all partners, such arbitration
proceedings shall be governed by Indian Arbitration Act, which is in force.
In witness whereof, this deed of partnership is signed sealed and delivered this
14,July2017 at Ahmedabad, Gujarat.
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GST registration:
GST refers to Goods and Services Tax which subsumes all taxes such as Sales tax,
Service tax, Excise duty, etc. into GST.
GST registration is required primarily if your annual sales are more than rs.20
lakh. Even if your sales are less than Rs.20 lakh, we voluntarily opt for GST
registration.
We registered on GST Portal (www.gst.govt.in) and follow the procedure for
registration.
Documents for GST registration:
1. PAN Card of Partners
2. Rent Agreement or Letter of consent, Bill of electricity.
3. Partnership Deed
4. Bank statement / Cancelled Cheque
5. Aadhaar Card of Owners / Directors / Partners
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Certificate of Registration
This is to certify that
Flex Cab
Address: 115, Vtava GIDC, Vatva, Ahmedabad, 382445
has been assessed and certified by Otabu Certification Limited as meeting the
requirements of
ISO 14001: 2015
Environment Management System
For the following activities:
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Certification of Registration
This is to certify that
FLEX CAB
Address 115, Vatava GIDC, Vatva, Ahmedabad , 382445
Has been assessed and certified by RSMS certifications as meeting the
requirements of
ISO 18001:2007/OHSAS
Occupational Health and Safety Assessment Series For the following activities
MANUFACTURING AND EXPORTER
ALL TYPE OF PVC WIRES
Date of Registration: 20May2017 2nd Surveillance Due: 19 May2019
1st Surveillance Due: 19 May2018 Recertification Due:19May2020
Certificate No: 1155150
To verify this certificate please visit at www.rsmscert.com
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Certificate of Compliance
Manufacturer
The Certification body has performed an audit of the above product quality system covering the design,
manufacture and final inspection of the certified product. The quality system has been assessed, approved
and is subject to continuous surveillance according to Directive 2014/35/EU Low Voltage Directive.
Date of Initial Registration: 20 May 2017 2nd Surveillance Due: 19 May 2018
1st Surveillance Due: 19 May 2017 Recertification Due: 19 May 2020
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No.: BIC: ADV/3/180
Dear Sir,
With reference to your application letter dated we are pleased to sanction the credit facilities on the
following terms and conditions:
3. Rate of Interest:11 %
a.) You will periodically submit the monthly statement of stock, sales, and purchase.
b.) You will submit a copy of the audited/unaudited Balance sheet, Trading amount and profit and loss
account within three months from the close of the accounting year.
c.) Bank will have the right to carry out aninspection of books of FLEX CAB and the charges thereof will
be born by you.
Even though the above-mentioned facility is granted to you for a period of months, the bank reserves the
right to recall the facility or alter the terms and conditions at any time during the currency of the facility.
Yours faithfully
Branch manager
ICICI Bank
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Chapter:2
Evaluation of the product
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SELECTION OF PRODUCT:
Sustainable development for the wireindustry: The Indian Electrical industry has
grown enormously over the years. The growth of the industry is mainly dependent
on the level of economic and development activities being undertaken in the
country.
The recent movements of urbanization, smart infrastructure development,
construction projects, and power projects attribute to rapid growth in wires and
cables industry. With India's power industry growing at a brisk pace, following a
rise in the demand for energy, new energy avenues like renewable energy are
coming up.
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Product line
Housing
sector
Singlecore Multicore
wires wires
COLOUR:
Wire colors code in India:
Red:
Red color indicates the secondary live wires in a 220-volt circuit, used in
some types of switch legs and in the interconnection between smoke
detectors that are hard-wire din the power system.
Green:
Green colorsindicate the grounding of an electric circuit.
Black :
It is used for power in all circuits.
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Quality standard
The electric wire may be manufactured and checked according to IS 694, the
following testing facilities are required for getting ISI certificate mark and ISO
certification mark.
Packaging design
For the safety of electric wire, we have developed as such packaging that does not
harm electric wire in any circumstances. For packaging,we develop types of
electric wire under the picture show that,
Dimension :
Cost of Project:
NO. PARTICULAR COST(Rs.)
1. Registration cost 2,00,000
2. Machinery 22,93,000
3. Miscellaneous fixed asset 52,188
4. Plant & land 27,50,000
5. Power deposit 50,000
6. Advertisement 43,500
7. Salary(Monthly) 1,60,000
8. Miscellaneous expenses 5,000
9. Cash on hand 9,46,312
Total 65,00,000
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PROJECTED CAPACITY: ( Weekly basis )
Presumption:
Working days of the factory in a week is 6 days.
Here, we take 300 days working excluding 52 Sunday,13 holidays, Holi,
Janmashtami, 15th August, Diwali, Uttarayan, Eid, etc.
Daily working hours is 6 hours including 1 hour break (45 minutes for lunch & 15
minutes for tea break)
Land and building is proposed on rental basis.
Labour wages mentioned are prevailing in the Vatva ,GIDC basis.
We are producing wire as per customer order.
We are using 25% machine capacity for production of wire at the initial stage.
The basis for calculation of production capacity is on the single shift basis
working of 25 days in a month.
There are so many local and branded competitors in this industry.
We provide 45 days as a credit period to retailers.
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Chapter:3
Technical Feasibility - 1
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Detailed Production Process:
1. Copper reel:
2. Bunching Machine:
According to the requirements of the size of wire, copper reels are taken.
All copper reels are bunched in bunching machine.
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3. Mixer machine:
4. Extruder:
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5. Water tank:
Further, the insulated copper wire goes through the water tank for cooling of wire.
The length of the water tank is 18 feet. which follows according to IS standard.
6. Take up Machine:
This machine is for taking up the wire size or in between the operator check the
required size of the wire by using amicrometer or digital meter.
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7. Winder Machine:
This machine gives the shape or wind in very well manner.
And the wire is ready.
8. Testing of wire:
This wire is tested in the testing lab by various testing machines.
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9. Printing Machine:
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Flowchart:
Copper reel
Bunching Machine
Mixer Machine
Extuder
Water Tank
Take up Machine
Winder Machine
Coiling Machine
Packaging
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The requirement of Plant and Machinery:
1. Bunching Machine:
2. Extruder:
3. Mixer Machine:
4. Water Tank:
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5. Take up Machine:
8. Pay up Stand:
9. Printer Machine:
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10.Twisting Machine:
Testing Equipment
3. Micrometer:
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4. HV Test set AC 0-10KV with misc. equipment:
Transportation 2000
We require copper reels for raw material and we order 500kg copper reels and
1000 tone PVC compound and we make electric wire as per order, according to
that we maintain the raw material.
For this, we have one storage room.
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The requirement for Miscellaneous fixed assets :
1. Auxiliary Equipment
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Layout and Space:
1. Space:
Layout
2000 sq. meter Total
Office
Production
200 sq. m.
1400 sq. m. Packaging
100 sq. m.
entry
Testing lab
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Chapter:4
Technical Feasibility - 2
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Raw material
Copper
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PVC compounds
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Power
For the purpose of producing wire, the firm is using big machinery plant.
In this plant the main sources of power are electricity.
In the process of manufacturing the product, there are different stages and the need
for power also different.
Consumption of electricity is Rs.60,000 per month approximately.
Electricity for production process is provided by UGVCL (Uttar Gujarat Vidhyut
Company Ltd.).
The firm follows high maintenance cost for manufacturing wires. The maintenance
charges of the firm are Rs.100,000 per month.
It follows straight line method (SLM) for depreciation cost at 10%.
Firm require their machines mostly 1 time in 10 years.
There is no need for fuel as themachine works with electricity.
The use of water is cooling of wires during themanufacturing process. Moreover,
the used water is again recycled and used further.
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Chapter:5
Marketing feasibility
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4-P's of Marketing
1. Product
The product is an important part of a marketing mix. The product satisfied the
consumer needs. The product is one of the ways in which the company can
differentiate itself from its competitors. Our firm produces electric wires.
A. Product-level
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1. Core Product
The reason why the customer is buying the product for is the core benefit of the
product. In electric wires, the core product is that the wires help in electricity
supply.
2. Basic Product
The basic product includes all the qualities of the product which renders the core
product. In our product, the basic benefits of the product are durability, Rustproof,
Leakage proof, etc.
3. Expected Product
This is what isexpected of the customer when he buys the product, in our case the
expectations of thebuyer is more safety from fire resistance.
4. Augmented Product
This refers to all the additional factors which set the product apart from the other
competitors in the market. For our cases, we are provided long-term benefit of the
product.
5. Potential Product
These are the probable future changes which the product can take for benefitting
the customer more.
Our products we provide double coated wires that is MASTER BATCH + PVC =
DOUBLE COTED.
We further expand our business in cable industry.
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B. Product classification
Consumer
product
Government Agriculture
services Classification product
Industrial
product
Branding.
Branding is the identification of the product. Our products will be sold under the
brand name of our firm named FLEXCAB.
Packaging.
Packaging is considered as a protection of product or nowadays it is also
considered as an identification of the product.
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2. Place
The plant and office are stretched in theapproximate area of 2000 sq. meters.
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Distribution channel
3. Price
Price is an important variable in the marketing mix. Price means the amount of
money charged for the product or services or some of the money that consumers
exchange for the benefit of having or using the product or the services.
In other words, price refers to the value that is charged for a product or a service.
4. Promotion
Our next ‘P’ is apromotion. No company can win if its products and offerings
resemble every other product and offering. Promotion can be defined as “any act or
activity to inform the customers of the existence of product or service in order to
persuade them to buy.”
Promotion helps in developingpersonal relationships with our client. It helps to
give the whole idea a professional look so as to win customers’ confidence in our
abilities to provide the product efficiently and effectively.
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Advertising
Advertising is done through various media, the following are the media through
which advertising is done.
Newspaper, ads are circulated in the various newspapers and the related costs are
as follows,
Newspapers Rate per ad. No of times. 2
Gujarat 14,500 2 29,000
samachar
Divyabhaskar 14,000 1 14,000
Sandesh 14,000 1 14,000
Sales promotion
o Money of coupons
o Discount voucher
o Finance deal
o Free gift
Sample size for marketing survey is taken 100 customers and 50 retailers.
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Marketing survey and analysis
Survey of customers:
1. Gender:
Interpretation:
From the above chart, we interpret that female has filled up more questionnaire than
male.
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2. Are you aware of wire which is used in your electricity connection?
Interpretation:
From the above chart, we can conclude that the most of therespondent i.e. 54.3%
people are aware of wire which is used in electricity connection at their home.
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3. Which brand of wire isused in your electricity connection?
Interpretation:
From the above chart, we can see thatin most of the house havells wires are used for
the electricity connection. Thenfollowed by Polycab,RR cable, Finolex wires are
used in theelectrical connection.
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4. Reason for choosing abrand.
Others 2
Availability 8
Price 7
Quality 64
Brand status 18
0 10 20 30 40 50 60 70
Interpretation:
According to above chart, we can say that most of the customer choose the brand
because of they getting quality, thecustomerwants quality in thewire. Followed by
price, availability, brand’s status, and others.
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5. Reference for choosing this brand.
Interpretation:
From the above chart, we can say that television is the medium from 52%
customer gets the information. Followed by they get information from hoardings,
word of mouth advertisement,internet, newspaper, and others.
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6. Which specification do you want in thewire?
Interpretation :
From the above chart, we can conclude that 66% customers want specification in
fire resistance which means safety from thewire. 24% customers want better
quality from thewire. Very few customers are concerned with the low price of the
wire which is 8%.
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7. From where do you purchase the wire?
Interpretation:
From the above chart, we can say that most 70% customers purchase wire from
aretailer, 8% customers are purchase wire from thedirect manufacturer, 22%
customers are purchased from thelocal market.
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8. Do you get any replacement policy from theseller?
Interpretation:
From the above chart, we can interpret that 68% customers get the benefit of
replacement policy and 32% customers are not getting the benefit of the
replacement policy because sellers supplier does not provide this kind of policy.
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9. How much time period is allowed for replacement?
Others 6
15 days 35
10 days 26
7 days 33
0 5 10 15 20 25 30 35 40
Interpretation:
From the above chart, we can see that 35% customers get 15 days time period for
replacement purpose. Where else, 33% retailer provide 7 days time period for
areplacement from the customer and similarly 26% customers are getting 10 days
for areplacement from theseller.
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10. Are you satisfied with wire used in your electricity connection?
Interpretation:
From the above chart, we can say that more than 50% customers are fully satisfied
with the wire which is used in their electricalconnection. Where 12% customers are
not satisfied with the wire used in the electrical connection.
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11. Would you like to switch over the brand?
Interpretation:
From the above chart, we can interpret that 50% customers are satisfied with the
wire and they don’t want to switch over the brand. While 18% customers want to
switch over the brand and 32% customer are not sure about switchoverthebrand.
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Survey of Retailer :
1. Since how long are you dealing with the electric wire?
Dealing with business Responses (%) Number
2 years 12 6
5 years 44 22
10 years 32 16
Others 12 6
Total 100 50
Others 12
10 years 32
5 years 44
2 years 12
0 10 20 30 40 50
Interpretation:
From the above chart, we can conclude that 44% retailers are dealing in electric
wire business at least for 5 years. 32% retailers are dealing with business last 10
years. Other retailers are dealing with the more than 20 years.
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2. What type of electric wire do you deal with?
Type of electric wire Responses (%) Number
Local 8 4
Branded 56 28
Both 36 18
Total 100 50
Interpretation:
Here, we can say that the most of the retailers are selling branded electric wire.
And 36% of retailers are selling branded and local electric wire in their shop.Only
8% retailers who sell only local electric wire.
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Dealing with Local Retailers:
Interpretation:
Here, from the above chart, we can say that Retailers deal with the local electric
wire because of easy availability. 36% retailer deal with local wire due to thelow
price.
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2. From where do you come to know about the local brand of electric wire?
Reason for dealing with Responses (%) Number
thelocal wire.
Salesperson 77 17
Newspaper 23 5
Total 100 22
Interpretation:
Here we can say the from above chart, retailers come to know about the local
brand of electric wire from the salesperson. And 23% retailers come to know
through thenewspaper.
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3. How much stock of electric wire do you prefer more?
4 sq mm
types of wire
2.5 sqmm
Low
Neutral
1.5 sq mm High
1sq mm
0 5 10 15 20 25
Interpretation:
Here we can conclude that the most of the retailers keep the highest stock of 1 sq
mm & 1.5 sq mm wire. The neutral stock of 2.5 sq mm & 4 sq mm. Low stock of
4 sq mm wire the retailer keep.
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4. Which size of wire more demanded in themarket?
5
4 sq mm
types of wire
2.5 sqmm 10
Low
Neutral
1.5 sq mm High
15
1sq mm
20
0 5 10 15 20 25
Interpretation:
From the above bar chart, we can say that according to retailer 1 sq mm & 1.5 sq
mm wire has more demand in themarket. As compared to these two remaining 2.5
sq mm & 4 sq mm has low demand in themarket.
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5. Do you get any replacement policy from alocal dealer?
Interpretation:
From the above chart, we can say that the 77% retailers do not get the replacement
policy. Only 23% retailers get replacement policy from the local dealer.
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6. If Yes, for how much time period do you get replacement policy?
Time period for Responses (%) Number
replacement policy
10 days 20 3
15 days 50 9
20 days 20 3
Others 10 2
Total 100 17
Interpretation:
Here we can say that the 50% retailers provide 15 days for replacement policy.20%
retailers provide 20days for areplacement policy.
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7. Do you get any discount on bulk purchase?
Interpretation:
Here we can say that the 59% retailers get adiscount on bulk purchase. And 41%
retailers not get adiscount on abulk purchase from alocal dealer.
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8. If Yes, How much discount do you get?
Getting Discount on bulk Responses (%) Number
purchase
2% 29 4
5% 59 8
10% 12 1
Others - -
Total 100 13
Interpretation:
From the above chart, we can say that 59% get 5% discount on bulk purchase.29%
get 2% discount on bulk purchase. And 12% get 10% discount on bulk purchase.
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Dealing with brand Retailers:
Others 10
All 16
Havells 10
RR cables 16
Finolex 32
Polycab 16
0 5 10 15 20 25 30 35
Interpretation:
From the above chart, we can conclude that 32% Retailers deal with the Finolex
And following 16% retailers deal with Polycab and all brands. 10% retailer deals
with other brands like V-Guard,Corols,Gayatri Insulation.
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2. Reason for dealing with branded electric wire.
Reason Responses (%) Number
Brand Status 30 10
Price 12 3
Quality 48 16
Packaging 5 2
Others 5 2
Total 100 33
Others 5
Packaging 5
Quality 48
Price 12
Brand Status 30
0 10 20 30 40 50 60
Interpretation:
Here we can conclude that retailers deal with thebrand of electric wire because of
brand provides quality with 48%. Some of the retailer deal with branded electric
wire due to thebrand status of the company. Few retailers deal due to theprice of
the wire. Other retailers deal because of easily available, guarantee, fire resistant.
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3. From following sources, where do you purchase the electric wire?
Others 14
Distributor 34
Wholesaler 46
Manufacturer 6
0 10 20 30 40 50
Interpretation:
From the above chart, we can say that 46% retailer purchase from awholesaler.
34% retailers purchase from distributors of thecompany. And 6% retailers purchase
from the direct manufacturer. Other 14% retailers purchase from the company,
contact with themain dealer.
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4. From where do you come to know about the brand of electric wire?
Knowledge of brand Responses (%) Number
Newspaper 6% 2
Advertising 14% 5
Salesperson 68% 22
Others 12% 4
Total 100 33
Others 12%
Salesperson 68%
Advertising 14%
Newspaper 6%
Interpretation:
Here we can conclude that the retailers come to know about the brand through
salesperson which is 68%. By 14% advertising,retailercomes to know about the
brand of electric wire. By newspaper, only 6% retailers get know about the brand
of wire.
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5. From following thesize of the wire, how much stock of electric wire do you prefer
in theshop?
5
4 sq mm 10
Size of wire
10
2.5 sqmm 25
Low
Neutral
1.5 sq mm 21 High
25
1sq mm 17
18
0 5 10 15 20 25 30
Interpretation:
Here we conclude that retailers preferred to keep more stock of 1 sq mm & 1.5 sq
mm. The retailer also keeps neutral stock of above size of thewire. And low stock
preferred by the retailer is 4 sq mm wire.
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6. Which size of wireis more demanded in themarket?
5
4 sq mm 10
Size of wire
10
2.5 sqmm 15
Low
Neutral
1.5 sq mm 16 High
20
1sq mm 20
25
0 5 10 15 20 25 30
Interpretation:
Here we can say that the according to retailer 1 sq mm & 1.5 sq mm wire is more
demanded in themarket. There is also neutral demand for theabove-mentioned size
of the wire. Lowdemand in market of 2.5 sq mm & 4 sq mm wire.
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7. Do you get any replacement policy from aretailer who sells branded wire?
Replacement policy Responses (%) Number
Yes 74 24
No 26 9
Total 100 33
Interpretation:
Here we conclude that only 26% retailer gets the replacement policy from where
they purchase the wire. 74% retailer does not get the replacement policy.
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8. If Yes, for hope much time period do you get replacement policy?
Interpretation:
Here we can show that the 79% retailers who provide replacement policy they
provide 15 days of replacement policy. And following 10% retailers provide 10
days. 11% retailers provide 20 days of replacement policy.
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9. Do you get any discount on bulk purchase?
Interpretation:
Here we can say that 78% of the retailers get the discount on bulk purchase. Only
22% retailer does not get the discount on bulk purchase.
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10. If Yes, How much discount do you get?
Interpretation:
From the above chart, we can conclude that 58% retailer get 5% discount on bulk
purchase. 18% retailer get 2% discount on bulk purchase. 10% retailer get 10% on
discount on bulk purchase. Other 14% retailer get 20% discount on bulk purchase.
These discount rates differ because every retailer purchase adifferent type of wire
and according to that they get adiscount.
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Chapter:6
HR feasibility
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Organization Structure
4 Partners
Production Marketing
Finance Dept. HR Dept.
Dept. Dept.
Production Marketing
Accountant C.A. HR Manager
Manager Manager
Assistant
Operator marketing
manger
6 Workers 4 Salesmen
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Salary structure:(Per month)
Job Analysis:
Job Specification:
1) Partners:-
2 partners are working and 2 are not working.
Knowledge Knowledge of whole market scenario.
Knowledge of each and every activity of
theorganization.
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2)Manager:-
As a production manager:-
Knowledge Knowledge of each and every machinery, tools, and
equipment of theorganization.
He must have a knowledge that how to maintain the
quality standards as per IS standard of wire.
As a finance manager:-
Knowledge Knowledge of taxation details and each and every
fund of the organization.
Knowledge of fiscal policy, monetary policy, and
all financial updation.
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As an HR manager:-
Knowledge Knowledge of no. of workers working in the
organization, their requirements, their personal
details like home address, contact no. and make
sure that he should not have any criminal records.
As a Marketing manager:-
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3). Operator:
Knowledge Knowledge of each and every worker’s activities.
Knowledge of salesmen’s activities.
Knowledge of operational activity.
4) Workers:-
Knowledge Knowledge about safety measures of machinery.
Awareness about their tasks and responsibilities.
5) Salesmen:-
Knowledge Knowledge about theoverall detail of product like
price, features etc.
Knowledge of target customers.
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6).Assistant marketing manager:
Knowledge Must have knowledge of bargaining
Which kind of order he should
accept, he must know.
Skill Good communication skill
Ability Good convincing power
2) Production Manager:
Qualification MBA
Experience At least 3 years.
Report He has to report to the partners.
Objective To achieve standardized production.
Responsibility Maintain quality of production at least wastage.
Authority Authority to purchase more raw material or any production
material.
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3). HR manager
Qualification MBA in HR
Experience At theinitial stage of organization, we require 3 years of
experience of HR manager because workers are less.
Report To the partners. To recruit and dismiss specific no. of
workers.
Objective To control the grievance of the workers.
Responsibility To remove confusion and conflicts of the workers.
Authority To recruit and dismiss the workers.
4). Operator
Qualification Graduate
Experience At least 2 years.
Report To the manager's department wise.
Objective To interact with workers.
Responsibility To work as a channel between managers and workers.
Authority To transmit the information. To control the workers.
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5). Worker
Training As per the experience, theorganization is recruiting the
human resource, they required very less training.
Bonus, incentive They mostly give abonus on thefestival and on some huge
order, if the standards are achieved they provide bonus by
2000 to 3000 Rs.
Services for The organization has a servant’s store where workers are
employees having shelter, they live with their family, and sanitation
facilities are also available.
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INCENTIVES
Research Limitation:
1. Most of the customers are not aware of the electric wire which is used in their
connection.
3. A sample size of 100 consumersmight not represent the behavior of the whole
population as the sample size is insufficient.
4. A sample size of 50 retailers might not represent the demand of market of the
whole, so thesample is insufficient.
7. We had tried to overcome from above limitation and we complete our research.
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Conclusion:
Practical knowledge is as important as theoretical knowledge.
In this project “ELECTRIC WIRE”, we learned so many things like deciding cost,
how to establish firm, how to do business, suppliers of raw material and machinery
etc.
While doing this project we had face many difficulties like, deciding cost, decide
logo, the layout of the firms, decide the price of the product, packaging design, do
a market survey etc. We overcome all the above-mentioned difficulties and try to
give our best.
This project has worth to our project members because team members put their
great efforts in the project.
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WEBOGRAPHY
https://reg.gst.gov.in/registration/
https://www.legalraasta.com
https://www.zaubacorp.com/company/COPKAB-WIRES-CABLES-INDIA...
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QUESTIONNAIRE FOR CUSTOMER:
Name :
1. Gender
a. Male
b. Female
2.Do you know which brand of wire was used in your electricity connection?
a.Yes
b. No
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4. Which specification do you want in thewire?
a. Fire resistance
b. Better Quality
c. Low Price
d. Size
e. Others
8. Are you satisfied with the wire which is used in your electricity connection?
a. Yes
b. No
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QUESTIONNAIRE FOR RETAILER:
1. Owner’s Name
2. Shop name
3. Area
Section A
2. From where do you come to know about the local brand of electric wire?
a. Salesperson
b. Newspaper
3. How much stock of electric wire do you prefer more?
a. 1 sq mm
b. 1.5 sq mm
c. 2.5 sq mm
d. 4 sq mm
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4. Which size of wire more demanded in themarket?
a. 1 sq mm
b. 1.5 sq mm
c. 2.5 sq mm
d. 4 sq mm
6. If Yes, For how much time period do you get replacement policy?
a. 10 days
b. 15 days
c. 20 days
d. Others
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Section C- Retailers of branded wire.
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6. Do you get any replacement from alocal dealer?
a. Yes
b. No
7. If Yes, For how much time period do you get replacement policy?
a. 10 days
b. 15 days
c. 20 days
d. Others
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Thank you
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