Report 2
Report 2
(BFR)
ON
MAY 2024
INTERNAL GUIDE
MAHESH SIR
The internship program is offered by university with a target of helping the understudy to
take in the practical experience on internship will and field work in regard to internship while
execute the theory to practical study information and learn in work involvement in
organization and investigation the organization principles and control in regard to internship.
The understudy while take an interest in building up the organization objectives while
execute the methodology in organization.
The internship an individual study to do the internship in organization with respect to specific
point in determined field. The student understudy limit will be expanded in organization, by
actualize theoretical information practical way the reasonable learning in organisation.
An internship gains the relevant knowledge, skills, and behaviour field as well as given the
wide experience. The major component of this experience is the formation of the professional
attitude.
Internship helps to develop the personality and capacity to adapt to and handle challenging
situations in the real business world. Internship program helps to acquire transferable skills
such as communication skills, interpersonal skills, teamwork skills, and problem-solving
skills.
Industry profile
Introduction
Indian auto industry became 4TH biggest in the global with sales increasing 9.5% year on year
4.50 million units (excluding two wheelers) in 2017. it was the 7TH largest manufacturer of
commercial vehicles in 2017.
Indian is also a outstanding auto exporter and has strong export growth expectation for the
close to destiny. automobile export grew 15.54% during April 2018 February 2019. it is
expected to grow at a cagr compound annual growth rate) of 3.05% during 2016 -2026. in
addition, several initiatives by the government of India and the major automobile players in
the Indian market are expected to make Indian a leader in two-wheeler and 4-wheeler market
in the world by 2020
Market size
Domestic automobiles manufacturing extended at 7.80% cagr between financial year 13- 18
with 29. 07 million vechicles manufactured in the country in FY 18 . during April 2018 -
January 2019, automobiles manufactured improved 9. 84% year – on- year to reach 26.26
million vehicle units .
Investments
In order to preserve up with the growing demand, numerous auto make have started investing
heavily in various segment of the industry during the last few months. the industry has
attracted foreign direct investment (FDI) worth US$ 20.85 billion during the period April
2000 to December 2018.
GOVERNMENT Initiatives
The government of Indian encourages foreign investment in the automobiles sector and
allows 100% FDI under the automatic route. the ministry of heavy industries, GOI has
shortlisted 11 cities in the country for introduction of elective vehicles (EVs). the government
will also set up incubation centre for start – ups working in elective vehicles space.
In February 2019, the GOI approved the FAME – II scheme with a fund requirement of RS
10,000 crore (US$ 1.39billion) for FY 20- 22 .
Achievements
Following are the achievements of the governments in the past four years:
Under National Automotive Testing and R&D Infrastructure Project (NATRIP), following
testing and research centres have been established in the country since 2015.
National Institute for Automotive Inspection, Maintenance & training (NIAIMT), Silchar
ORZANISATION PROFIL
Deco Equipment’s pvt ltd. was incorporated in the year 1989 and operational from1992 as a
SSI PVT LTD company with an initial authorized capital of RS 2 lakh and with the main
objective of manufacturing components for automotive sector. DEPL recorded a turnover of
around RS 3 lakhs per annum.
The Company was started with 3 machines and today it has 110 in no, of various states of the
art machines like CNC turning, VMC and HMC machines from Makino (Japan). Doosan
(South Korea) and the HAAS (USA): Lad and heart Treatment of Inductotherm (USA). To
ensure the quality and reliability of components and accuracy, the company has CMM, LK
(UK Make). The Machining capabilities of components range from 300grms to 80kgs.
During the year 2010-11, the company has achieved a turnover of RS15 crores, and has a
sophisticated capacity of achieving around RS 25 crores per annum. The present authorized
capital is RS 300 lakhs and the issued capital RS 290 lakhs, the reserves and surplus of RS
300 lakhs.
Location of factory:
Deco Equipment’s PVT LTD is located just 6 kilometres from historical Mysore Palace and
from heart of the city in the state of Karnataka. There are adequate Bus Facilities. The
company consists of three units. They are:
REGISTERED OFFICE:
1. Break Spider
2. Axle clumps
3. Diff carrier.
4. Roller, Anchor Pin, Jam Nut & Washers
o It also Produces heavy Vehicle Equipment S
It imports heavy vehicle equipment`s & it will moulds
as per the client requirements.
PROMOTERS
MANAGING DIRECTORS
The company was promoted by Mr. Amellion Daric Fernandes, a technocrat turned
industrialist. A first-Generation entrepreneur in mechanical engineering from Mysuru college;
earlier working as an engineer at machinery manufactures corporation textile division, gained
adequate experience in the engineering field and later floated this company with objective of
manufacturing activity.
The company has a vision of succession planned, where in his first son Mr. Darrel. D.
Fernandes, who has completed his engineering Degree from NIE, Mysuru and at present is
pursuing his master’s degree at Hamburg University – Germany; will has completed his
degree in the year of 2015 and intends to f the company immediately after completing of his
studies further pursue.
Vision:
MISSION:
We are committed to ensure total customer satisfaction by supplying high quality Precision
Machined Components on time.
To achieve profitable growth and increase our customer value by Designing, Engineering,
and Manufacturing products that deliver and manage Vehicle performance and safety.
QUALITY POLICY:
Deco Company is working hard or works hard to reach highest vehicle equipment`s
manufacturer companies’ status. It functions collectively hence by making sure that everyone
is involved in the process. The companies accept all the suggestions for the improvements of
the benefits of customers through quality management system. Deco has a quality executive
method that`s certified to ISO 9001: 2015 normal and setting management system that square
maser certified to ISO standard quality assurance you can take it.
Our Team:
Motivated, committed, strive for continual improvement through effective training and work
in a happy environment.
Our product:
Defect free, manufactured and delivered on time and at right cost and be benchmarks in
manufacturing excellence.
Our promise:
ALL application processes are efficient and effective, which are continuously improved
through better system, and comply with relevant legal, statutory and requirements.
The auto components being a highly critical and precsioin item, required high quality
clearance from every stage right from raw material till painting and shipping of the parts.
PRODUCT PROFILE:
Factory product manufactured at Deco equipment private limited store is measured mostly
based on technology given by AAL limited India with production unit located at Mysore. The
Deco is one of the sought after company for the markers of rear drive excel- clumps, can
shaft, and input shafts. Manufacturing experience and latest VMC and HMC technology from
AAL India limited has been producing quality durable, duty drive and trailer shaft
requirements of customers. The AAL limited India Mysore provides field and service support
to Deco Company.
a. Wheel hubs
2 ENGINE PARTS:
3 HOUSING PARTS:
a. AXLECLAMP:
b. SPINDLES:
4 BREAK PARTS
a. SPIDER
b CAM SHAFTS:
PRODUCT LINE – CAM SHAFT WIYHOUT S – CAM MILLING
Introducing s- cam profile milling will reduces profile to profile runout, reduce the
gap between brake shoe and brake drum which increases breaking effect and make
more efficient, suitable for all types of commercial vehicles.
5 DIFFERENTAIL PARTS:
A CARRIERS
B PINION CAGES
AREA OF OPERATION:
The company create a producing facility at Mysore, state in 1989 and is presently the biggest
manufacturer of rear drive axle – clumps, cam shafts, and brake spiders’ assembly in India.
Over the years, the company has developed an impressive domestic OEM clientele including,
Automotive Axles limited, BEML Limited, Brakes India Limited, KNORR- BREMES
A study on work – life balance and its impact on employee performance with special
reference to Deco Equipment’s Pvt Ltd, Mysore
Limited. Either Essar steel or Bharath Earth Movers. The firm also export vehicle parts to all
over India and Regional Area of Mysore.
INFRASTRUCTURAL FACILITES:
Deco has 3 units of land allotted by KIADB at Metagalli, Mysore. First units has 400 by 200
Feet land, second unit has 150 by 100 feet land and building, and 3RD unit has 100 by feet
land and building have been utilized. The infrastructural facilities include.
Internal Facility
Water facilities
Restroom facility
Medical facility
Washroom facility
Safety looker facility
Insurance facility
Healthy environment and cleaner
External Facility
Canteen facility
Recreation facility
Parking facility
COMPETITORS INFORMATION:
We are close market, so we have no competitors. We have monopoly market; we have co-
venders.
SWOT ANALYSIS:
A SWOT evaluation or swot matrix is a strategic planning tool used to evaluate the strengths,
weakness, opportunities involved in a very business venture in the other state of situation
requiring on decision and identify the internal and external factors that are favourable and
adverse to accomplishing those targets, strengths and weakness are internally associated,
while opportunities and threats generally focus on environmental placement. The technique is
created by ALBERT HUMPHREY, who lead a research project at sponsored university in the
1960 &70`s using from the fortune 500 companies.
SITUATION ANALYSIS
INTERNAL EXTERNAL
ANALYSIS
ANALYSIS
STRENGTH:
WEAKNESS:
OPPORTUNITIES:
By joining hands with the informational market hence by making trade grow more
Raising demands of excel clumps.
Set up auto detailed service business.
Publish Magazine specifically for auto mobile lovers.
Stable economic policies
THREATS:
New rules and regulation.
Growing computation.
Technology changes.
Changes in Market condition
FINANCIAL STATEMENTS
8,30,89,110 8,30,89,110
Non-Current Liabilities
2 4
(a) Long Term Borrowings
Current Liabilities
3 5
(a) Short Team Borrowings 3,89,73,286 3,36,54,428
(b) Trade Payable 6
4,68,47,756 6,01,26,987
(c) Other Current Liabilities
7
(d) Short Team Provisions 3,25, 728 27,52,825
8
13,63,320 1,88,321
8,75,10,000 9,67,22,561
30,70,34,393 28,27,50,575
TOTAL=
1 ASSETS
NON-Current Assets 9
The concept of WLB was developed in mid-1801s. The term "work-life balance" was
originally utilized as a part of United Kingdom in the year of 1970s to illustrate the balance
among an individual's work & personal life. In the United States, this concept was first
utilized as a part of 1986s.
Working on a activity for a business and creating a career can be an really time consuming
responsibility for any worker. Employees are busy at their place of work throughout the day
and sometimes even on weekends, This offers them very little time to interact with their
family because of high pressure of work, often family members get neglected. Also, stressful
jobs cause the health of employees to deteriorate. This is where WL.B comes into the picture.
WLB concept allows an employee to maintain a fine balance in the time he or she gives to
work as well as to personal matters. By having a good balance, people can have a quality of
work life. This helps to increase productivity at workplace as the employee is relaxed about
his personal commitments. It also allows the employce to give quality time with family to
spend vacations, leisure time, work on his her health etc. hence WLB is extremely important
for employees and increase their motivation to work for the company.
The below chart is the WLB scenario, where an employee has to balance his/her life b/w
personal (family, friends and self) and professional (career, job) commitments.
WORK LIFE BALANCE
1. Self Management:
Self management is the basically meant for WLB. It will be managed by taking good
nutrition and giving balanced work to the body and mind, which helps to recognize in the
working space.
2. Time management:
Time management mainly includes most favorable use of resources that matches the
challenge. This is improved through proper objectives and working by deciding what
is so prime need.
3. Stress Management:
As the work complication steadily increases, stress is also will increases. Present there
are some reason for the stress like more people distraction, noisy-environment and
multitasking increases our stress.
4. Change Management:
Change is not a constant in nature. By adopt innovation technique and re-accept
others is a good idea to put up a flourishing career. Change managing entails making
regular and hard work to ensure that the level of transform at work.
5. Technology Management:
Practically technology refers to serve people and not creating disturbance to people,
we are bound by technology from the walking stick to steering wheel. And by the
running time technology is rapidly speeding up because vendors trying to increase
their market. For this there is no other but cope up with technological changes.
6. Leisure Management:
Mainly ignored of the WLB is the free time. it is the leisure which gives relaxation to
the minds of the people who are in stress stage at the firm. Thus it is chief to manage
the time to have a peaceful mind at the work place.
2.1.3 WLB PRINCIPLES
The concept WLB should:
1. Importance to both the employees & the organization
The policy must exist planned according to the desires of both the parties to be
considered, there must be a value proposal for the company with benefit for the
workers..
2. consider for tailoring to meet sole employee needs where possible:
WLB at the work place should be flexible so that employees can work smoothly to
achieve the organization goals and this will lead to the growth of the business and
employees needs can be easily achieved.
3. Be generally communicated, so that employees are attentive of what is present:
The information should be clearly communicated to the employees so that they
can follow it and work with 100% commitment to achieve the organization goals.
4. Be available to all employees:
There will be few surroundings wherever there will be constraint on the category
of work- life initiative accessible, these situation necessitate to be evidently
recognized but should not their life circumstances in other parts of an organization
and for resourceful solutions to be found.
5. Be reasonable for the organization and practically budgeted:
Initiatives require to be viewed to make sure that the objectives & aim are possible
for the organization and workforce & are within the financial plan stricture of the
organization.
2.1.4 ADVANTAGES OF WORK LIFE BALANCE:
TO EMPLOYER:
➤Flexible working arrangements which results to condensed work stress & overloaded
work. Increased ability to stay put competitive in career improvement.
5. Virick M, Lilly J & Casper W (2007), Doing more with less: An analysis of work life
balance among layoff survivors: The look at observed that lavoff survivors experience
higher tiers of workload which impact usual function overload that negatively
influences paintings-existence stability. Findings endorse that excessive workloads
skilled by using layoff survivors contribute to decreased process and lifestyles delight
through decreased paintings-life balance as a mediating mechanism.
6. 6. Baral R & Bhargava S (2010), Work-family enrichment as a mediator between
organizational interventions for work-life balance and job outcomes: Job traits were
undoubtedly related to all of the measures of process outcomes. Supervisor assist and
work-circle of relatives culture have been definitely related to activity pleasure and
affective dedication. No good sized association turned into located between work-life
benefits and policies (WLBPs) and any of the process final results measures. Job traits
and manager guide have been positively related to work-to-circle of relatives
enrichment. Work-to-circle of relatives enrichment mediated the relationships
between task traits and all task consequences and between manager support and
affective dedication.
7. 7. Shanmugam M and Agarwal B (2019), Support perceptions, flexible work options
and career outcomes: A study of working women at the threshold of motherhood in
India: This look at targets to discover the leaky pipeline issue (attrition of working
girls due to motherhood) within the Indian records generation (IT) region. The study
analyses the impact of organizational and supervisory help perceptions on using
bendy paintings alternatives and its relationship with career effects in phrases of task
delight, work- existence struggle and turnover intentions The findings kingdom that
using flexible work alternatives extensively lessen work-existence conflict, decrease
the aim to turnover and growth activity delight, with organizational and supervisory
perceptions gambling a giant moderating role.
8. 8. Sharma R and Prasad A (2018), Employer brand and its unexplored impact on
intent to join: The purpose for this paper is to decide the various dimensions of
company logo inside the IT sector of India and analyse
candidates to join an enterprise. A 5-element business employer brand (EB) version and 3-
factor rationale to enroll in (ITJ) version had been examined for reliability and validity thru
confirmatory component factor analysis (CFA). A structural model is empirically examined
with EB as independent variable and ITJ as based variable thru based equation modelling.
9. Malik P and Lenka U (2019), Identifying HRM practices for disabling destructive
deviance among public sector employees using content analysis: This look at
ambitions to discover human resource management (HRM) practices to overcome
destructive deviance amongst public quarter personnel. Further, this observe goals to
rank the identified HRM practices in the order of their impact on detrimental
deviance. This examine identified ten HRM practices (human resource planning,
activity design, training and development, reward system, employment protection,
career development opportunities, performance management, employce participation,
monitoring and control, work-life balance) in overcoming adverse deviance amongst
public quarter employees. Furthermore, based totally on their frequency distribution,
the HRM practices have been labeled into 3 categories, i.e. Most enormous, giant and
least large.
10 . Uppalury S and Bhaskar Racherla K (2014), Social production in a collectivist
culture: Exploring structure and agency in the work-life balance of Indian women
executives: This paper pursuits to study the connection among structure and
business enterprise of Indian ladies executives in the area of work-life balance in a
growing and globalized context, It examines social production in a collectivist
tradition. The business enterprise of girls executives in India is influenced by
means of cultural meta-narratives of marriage and motherhood. They revel in war
within the domestic the front and much less on the work region. Their negotiations
with their structures display a nuanced corporation wherein they are trying to fit
cultural roles and additionally seek self success in a career.
11 . Uppalury S and Bhaskar Racherla K (2014), Social production in a collectivist
culture: Exploring structure and agency in the work-life balance of Indian women
executives: This paper pursuits to study the connection among structure and
business enterprise of Indian ladies executives in the area of work-life balance in a
growing and globalized context, It examines social production in a collectivist
tradition. The business enterprise of girls executives in India is influenced by
means of cultural meta-narratives of marriage and motherhood. They revel in war
within the domestic the front and much less on the work region. Their negotiations
with their structures display a nuanced corporation wherein they are trying to fit
cultural roles and additionally seek self success in a career.
worker manipulate, training overtime, flexibility and discrimination, are
determined to have considerable effects on work-own family battle in twin-
profession couples.
3.3 OBJECTIVES
PART-A
1. Age Ratio
TABLE 4.1:
INTERPRETATION :
The above my survey results shows that 30% of the respondents are less than 25 years old,
28% of respondents belongs to 25 to 30 years. 16% respondents have the age from 31
to35years, 10% respondents have the age between 36 to 40 years and 16% of respondents age
are above 40 years.