EXECUTIVE SUMMARY

At shrihari woven sack Pvt. Ltd. I spent good time in learning and was rewarded for
my best efforts, learnt to deal with different situations, had experience of organizations
working environment. Confidence, consistency, hard work, teamwork, seeking success out of
dark, innovation, creativity, organizational survival are the key learnings out of my job And
I would like to say that it will be one of my best skill that would remain with me and help me
in the coming life which offer many challenges. The areas covered during my internship were
wide like was taken to visit the factory, where I observed the process carried on in the factory
and also the manufacturing process. I got to know the various policies and practices of the
company like, their Aims, their vision and mission statements, etc. After getting to know the
company, I even got to know about the auditing aspect and practices. As there was an internal
audit going on in the company, I assisted the Auditor in the Auditing Process. I had the
opportunity to learn a lot of things about Auditing and Taxation.

We also ventured into the topic of Cost Sheet. As its a Manufacturing Company cost
sheet is given a lot of importance. So the Manager gave a brief about the cost sheet and
various cost elements comprising in the Company cost sheet. Later on I was provided with
the Financial Statements i.e. the Balance Sheet and Profit & Loss Statement. With the help of
these I used various Financial Statement Analysis Tools like Comparative Statement
Analysis, Common size Statement Analysis, Ratio Analysis, etc. to analyses the financial
statements. I would like to highlight this, that my experience with the company was very
memorable and full of learning, where I found a lot of positive changes in my attitude,
learning and behavior.











INTRODUCTION
Training is a process of learning, a sequence of programmed behaviour and is an
application of knowledge. It gives people an awareness of rules and procedures to guide the
behaviour and it attempts to improve their performance. Training is a short-term process
utilizing a systematic and organized procedure by which managerial and technical skills are
understood.
Madurai Kamaraj University has incorporated institutional training as a component of
Bachelor of Commerce with Computer Application. This training programme is designed
with a view to enable the students to have an exposure and work experience in the practical
field.
As a student of B.COM.CA, we have undergone training in Madura Steel Industries
(P) Ltd., Dindigul for a period of fifteen days. Here we are submitting the report of the
industrial training in which detailed working experience that we have gained during the
training in various departments in this industry is presented.

Training is the process of increasing the knowledge and skills for doing a particular
job. It is an organised procedure by which people learn knowledge and skills for a definite
purpose. The purpose of training is basically to bridge the gap between job requirements and
completeness of an employee. Training is aimed at improving the behaviour and performance
of a person. It is never ending process. Training is closely related with education and
development but needs to be differentiated from these terms.











INTRODUCTION TO THE TRAINING OPPORTUNITY
DEFINITION
Training is a process by which the attitudes, skills and abilities of employees to perform
specific jobs are increased. On the other hand education is the process of increasing the
general knowledge and understanding of employees.
NECESSITY OF TRAINING
Training is required on account of the following reasons.
OBJECTIVES:
To develop skills in the application of theory to practical work situations.
To develop self-confidence, assertiveness, and basic work habits
To improve my communication skills, especially when dealing with people I
do not know.
To improve my ability to talk with others on a professional level.
To improve my research skills to be more effective and efficient in obtaining
information.
To understand the workplace, operating procedures, the company and its
products, how the firm competes, and other organizational concepts.
To know what it is like to work in a professional environment.
To gain experience and insight in the work field during the internship.












INDUSTRY SECTOR BREIF

PP Woven Sacks, Jute, Paper bags/ box are most widely used packaging systems for
Bulk Commodities. Cement, fertilizer and most of the chemicals are already packed woven
sacks while Food grains and sugar use both woven sacks and jute bags. Plastics are the
material of choice because of inherent advantages of functional performance and cost
benefits. Relative merits with respect to functional requirement for bulk packaging using
these three prime packaging materials are summarized.
Opportunities in Bulk Packaging - Polypropylene Woven Sacks the Ideal
Choice:
Packaging fulfils the diverse role from protecting products, preventing spoilage,
contamination, extending shelf life, ensuring safe storage thereby helping to make them
readily available to consumers. India is one of the largest producers of commodities like food
grains, sugar, fruits, vegetables and tea. Due to varied crop pattern, localized production of
commodities, safe and hygienic storage, transportation and distribution and protection against
wastage, hence packaging is of utmost importance. Huge losses have been observed in
agriculture produce in India. Wastage varies fro5 to 35% depending on nature of crops.
Majority of wastage takes place in each of the above steps viz. storage, transportation and at
retain market due to improper packaging. Bulk Packaging provides a solution for
commodities weighin10 to 50 Kg during handling, storage and transportation.
The present paper describes trends in Bulk Packaging for various commodities,
suitability of Polypropylene (PP) Woven Sacks for packaging of food grains, sugar, tea,
similarly for packaging and transport of vegetables and other horticulture produce PP leno
bag is an effective packaging system. With changing packaging need, optimization of
packaging role of Flexible Intermediate Bulk Container (FIBC) and its future has been
highlighted as trend. PP Woven sacks are worldwide material of choice for bulk packaging of
edible commodities for domestic use and exports.





Production of PP Woven Sacks:
Polypropylene (PP) is used as the basic raw material and is fed to the hopper of
extruder and melted to pass through a T- die in film form which is then slit into tapes, which
are then oriented by stretching and wound in cheese winders. Tapes are then fed into circular
/ flat looms and woven into tubular or flat fabric respectively. These fabrics can then be
laminated based on functional need of the packaging. Finally fabrics are cut into pieces as per
bag specification with stitching in bottom and top as per requirement followed by printing.
Profile PP woven sacks laminated with PP liner have wider applications. PP woven
sacks are much stronger & can withstand much higher impact loads because of PP strips
elongation at break is about 15 to 25% as compared to 30% of Jute. These sacks are much
cleaner & resist fungal attack. PP Woven Sacks can be unlaminated, Laminated and along
with PE liners. The size range for bags made from tubular fabric is from minimum 24 inches
(60 cm.) up to 61 inches (155 cm). Woven Sacks are the best and the most cost effective
packaging solution for Industries like Cement, fertilizer, sugar, chemicals, food grains etc. off
late Woven fabric, which is the first stage of Woven sacks, is a preferred medium for bale
wrapping and rain protection in the form of Tarpaulin.
Salient Features:
Flexible and high strength
Water & dust proof design
Heat/Wave Cut & hemmed top
Flat or anti-slip weaving
Applications:

PP woven sacks with liners are specially designed for the packaging of pulverous &
force flowing materials, which include the following:
Food Products: Flour, Corn, Grain, Sugar, Salt, Animal Feed
Chemicals & Fertilizers: Carbon, Caustic Soda, Potash, Phosphates
Petro chemicals: Polymers, Granules, PVC Compound, Master Batches
Minerals: Cement, Calcium Carbonate, Lime, Sand




Advantages:

Woven sacks of HDPE/PP offer several advantages over other industrial
packaging material. Some of the advantages are:
Moisture Proof: HDPE/PP Bags are inherently moisture repellent
Light Weight: HDPE/PP Bags being light weight, offers easy and cheap
transportation.
Printing: Bright 2/3/4 Color printing offer aggressive marketing prospects
Stack ability: No problems in stacking. Can be gusseted to further improve
stacking
Strength: High Tensile strength and long life.
Economical: Highly economical compared to other alternative packing
material

Woven sacks are rapidly replacing jute bags because they have often various
advantages over the conventional jute fabrics as packaging materials. They have excellent
chemical rsistance; they are light in weight and more suitable for packing of various
chemicals in the form of granules and powder. They are also: stronger and can withstand
much higher impact loads. Their elongation at break is 15 to 25 per cent compared to 3 per
cent for jute; they are much cleaner, both in use and production and can be used to handle
food products as they are resistant to fungal attack. Because of such superior properties of
plastic woven bags, it has high demand everywhere. Cement industry is increasing day by
day.












COMPANY PROFILE ABOUT THE COMPANY
Srihari woven sacks Private Limited is one of the leading woven sack manufacturers
in Tirupur district. They are manufacturing woven sacks since 2009; owing to their
experience they can offer customers the best quality products. Their offer comprises of
various types of sacks.
They make polypropylene woven sacks according to customer's specifications,
concerning dimensions and weights. PP Woven sacks are the traditional bags in packaging
industry due to their wide variety of usage, flexibility and strength. Woven polypropylene
sacks are specializing in packing and transporting bulk commodities. Due to strength,
flexibility, durability and lower cost, woven polypropylene sacks are most popular products
in industrial package, which are widely used in packing cement, grain, feeds, fertilizer, seeds,
powders, sugar, salt, powder, chemical in granulated form.
PP Woven sacks are made according to customers preferred specifications as to
mesh, denier, GSM, and sizes that vary from 25 to 80 cm. widths or depending on the desired
capacity. Shirihari private ltd. are manufacturer of Polypropylene Circular Woven Sacks,
mostly catering to the needs of Cement Industry. And their products are basically used for
packaging of Cement.
ORGANIZATION'S AIM:
We aim to provide the best packaging solutions withcustomer satisfaction, quality
assurance and a congenial working environment.
We strive to offer the finest quality services, timely delivery and competitive prices
to all our client.
We assure our clients the best products within a stipulated time frame
GOAL:
To provide our customers with complete packaging solutions which can help them
enhance their business opportunities.
VISION STATEMENT:
To supply packaging material all over India
MISSION STATEMENT:
To capture 80% of market share in Thirupur,coimbatore for cement packaging
material.

CORE COMPETENCY OF THE COMPANY
Production of finest Quality Woven Sacks.
STATUTORY APPROVALS:
Income Tax Registration: PAN No: AAACJ 5070 A
TIN No.: 28580199316
ECC No.: AAACJ 5070 AXM 002
CIN No.: U25209 AP 1992 PTC 014875






















NATURE AND SCOPE OF THE TRAINING
SCOPE OF THE TRAINING
The training gives a knowledge and capacity to the trainee in respective field.
Trainee has been easily placed in the job with one of the job trainings.
The persons are to be motivated and refreshed by training.
LIMITATIONS OF THE TRAINING
Companies are maintaining the secrecy in their financial performance, so trainees are
unable to study the financial matters.
The training period is very short, then not able to have elaborate study.














DESCRIPTION OF BUSINESS
The company is staffed by more than employees. A dynamic team of professionals
trained in merchandising play a pivotal role in co-ordination between clients and factories.
The fabric department is dedicated to source and supply fabrics and fabric designs required to
reproduce international fashion trends. An efficient trim department helps in creating the
right style for the garment by sourcing and developing accessories by tapping both domestic
and international vendors. A strong team of professionals manages global logistics in order to
meet every clients requirement seamlessly.















ORGANIZATIONAL STUCTURE



















MANAGING DIRECTOR
DIRECTOR
DIRECTOR

DIRECTOR
FACORY MANAGER
SUPERVISOR Accountant
Store keeper
Quality control
Shift incharge (loom)

Shift incharge (Tabe line)

Workers
Workers




DETAILS OF MANUFACTURING PROCESS
The Polypropylene Tape Making Process:
The polypropylene tapes are manufactured by slitting films of PP or HDPE which are
produced by blown extrusion technique. In this process, the granules of plastic are fed to the
extruder through the hopper. Molten plastics are extruded through circular die and the tube is
inflated by blowing with air to a desired diameter, and pulling it away with a pair of nip rolls.
The extruded PP film is then coded and the bubble is collapsed. The film thus formed is then
slit to desired width. These tapes are stretched in orientation water bath which is at its boiling
point. Alternatively orientation can be carried out by using hot plate. The HDPE/PP tape,
after orientation, is stabilized and then wound on bobbins. The Principle stages involved in
tape manufacture are:

Extrusion of Film
Quenching of Film
Slitting of Film into Tapes
Orientation of Tapes
Annealing of Tapes
Winding
The Polypropylene Fabric Weaving Process
From bobbins carrying polypropylene yarn, fabric is made using warping and yarn
winding machine. The fabric is then woven on looms and finally cut to size and stitched to
sacks of required dimensions. Whenever required, the sacks are screen-printed using
specially prepared ink. In some cases, laminated sacks are required and as such before
stitching and printing the fabric has to be laminated by extrusion coating of LDPE.
Lamination should be done from outside. Weaving is done either by using Flat Looms or
Circular Looms, the latter offers the following advantages:
Higher output of fabric
Better retention of mechanical properties
Sack output is higher due to only one side stitching
Savings of 20-25% due to superior quality of tapes
Floor space savings is higher due to less number of operations the woven
fabric is later coated with polymer by the Extrusion coating process.

Cutting:
The woven fabric is feed to the cutting machine which prints and cuts as per set
specifications.
Stitching:
The woven fabric after printing and cutting operation is stitched manually.
Baling:
In order to minimize the storage space occupied by finished sacks, five hundred sacks
are packed to form a bale and pressed in hydraulic baling press and strapped. The sacks are
marked with information as required by the buyer and each bale containing PP Sacks are
marked with standard mark.
Technology/Process Options
The technology is relatively uniform amongst suppliers of machinery. The granules
are fed into the extruder with the color granules and extruded into tape yarn which is then
woven into the fabric with circular looms which produces the fabric in the form of a tube.
TECHNICAL PARAMETERS
Weight
As per Required size
Width
30" to 155"
Denier
350 to 1200
Size
12 TO 90
GSM
40 GSM TO 120 GSM
Length
As per Requirement
Colors
Any Color

Imprint
All
Packing
As per Party Requirement
Bag opening
As per Party Requirement
PE lining
Yes
Laminated/Coated
Yes
Perforated
Yes
Mesh
8 x 8 TO 12 x 12
UV Stabilization
As per customer requirement The Company endeavors to serve the industry with
optimum quality latest products available in the market at the most competitive prices. It is
the quality of the products and the attitude of our company towards its customers that has
helped it in scaling great heights.
Customization of PP Woven Sacks:
Is done on following parameters:
Weave
Material
Draw string or zipper
PE lining
Lamination (Option for un-laminated also available)
Length
Capacity
Weight
Gauge
Seal
Gusset
Handle
Bottom


Customization of woven fabrics:
On the following parameters:
Single or double fold
Laminated / un-laminated
Weave & mesh
Print
Colors
Length
Weight
Gauge
CLIENT SATISFACTION
Hey are a company that strives to match the expectations of our clients in all possible
ways that help us in the betterment of our concern. Consequently, we provide them with
quality PP sacks. These products are prepared using the high-grade material to assure that our
clients receive only the best and excellent range of products. Owing to the transparency in our
business proceedings, we have been able to garner maximum client satisfaction and cater to
the needs of retailers, local authorities, wholesalers, and big & small industries. With this, we
also make a point to supply our products in the set time frame and provide them with hassle-
free transactions addition to this, we attain maximum client satisfaction by offering our
clients our range of products as per the specifications and also offer facility of customized
packaging to them.

Shrihari woven sacks private ltd. - Major clients are

Tirupur Bags - Tirupur.
Bagayalakshmi Bags tirupur.
Sri Narayana industry saravanampatti,Coimbatore.
Srihari polyners chennipalayam,coimbotore.
Agni Backages palladam.



Steps in manufacturing process:




















HDPE/PP GRANULES
Tape lines
Winders
Circular Looms
Fabrics Cutting machine
Stitching Machine
Bale packing
Yarn warned on cheese pipes
Tape (flat Yarn)
Woven Fabric




STEPS OR PROCESSES THAT TAKES PLACE IN THE FACTORY

STEP 1: Vendor Quotation:
Procuring the Vendor Quotation and asking for Preforms invoice. If satisfied issue a
Purchase orders. According to it the raw materials are procured and ordered.
STEP 2: Purchase Order Purchase Order Types:
Purchasing provides the following purchase order types: Standard Purchase Order,
Planned Purchase Order, Blanket Purchase Agreement, and Contract Purchase Agreement.
You can use the Document Name field in the Document Types window to change the names
of these documents. For example, if you enter Regular Purchase Order in the Document
Name field for the Standard Purchase Order type, your choices in the Type field in the
Purchase Orders window will be Regular Purchase Order, Planned Purchase Order, Blanket
Purchase Agreement, and Contract Purchase Agreement.
Standard Purchase Orders:
You generally create standard purchase orders for one-time purchase of various items.
You create standard purchase orders when you know the details of the goods or services you
require, estimated costs, quantities, delivery schedules, and accounting distributions. If you
use encumbrance accounting, the purchase order may be encumbered since the required
information is known.
Contract Purchase Agreements:
You create contract purchase agreements with your suppliers to agree on specific
terms and conditions without indicating the goods and services that you will be purchasing.
You can later issue standard purchase orders referencing your contracts, and you can
encumber these purchase orders if you use encumbrance accounting.
Planned Purchase Orders:
A planned purchase order is a long-term agreement committing to buy items or
services from a single source. You must specify tentative delivery schedules and all details
Finished goods
for goods or services that you want to buy, including charge account, quantities, and
estimated cost.
STEP 3:
Issuing of a Purchase Invoice It will have all the specific details like Quantity,
Description, Time, etc.

STEP 4:
Dispatching the Material the materials are then dispatched to the respective Plants and
Machines. Gate entry of transaction is made and the Bill is stamped. Match the Purchase
order and the Invoice.

STEP 5:
Quality Check department all the materials are sent to the Quality Check Department
to check for any short falls. Whether to accept or reject. If its accepted the process is
continued, if its rejected the materials are sent back.

STEP 6:
Stores Department after accepting to quality check it goes to stores, stores ledger
makes an entry. Material receipt note is raised. Finance people enter the invoice in respective
ledger.

STEP 7:
Production Department a note is issued (Issue note) to the respective department and then
material goes to production Department. Then production begins immediately. After the
materials are received the Manufacturing Process begins.















MACHINERY INFORMATION
Some of the machines that are installed at our unit are as follows:
Extruders
Circular weaving machine
Lamination plant (Tandem and Turn bar) Up to 2600 mm of tubular fabrics
Bale press machine
Automatic cutting & stitching machine
Gusseting machine


EXTRUDERS:







CIRCULAR WEAVING MACHINE:




LAMINATION PLANT:


BALE PRESS MACHINE:



AUTOMATIC CUTTING & STITCHING MACHINE:



GUSSETING MACHINE:















FUNCTIONAL AREAS
DEPARTMENT STRUCTURE



PERSONNEL DEPARTMENT

CORPORATE DAILY POLICY

Shrihari woven sacks Pvt. Ltd.'s Management firmly believes that safety of its
employees and all the stakeholders associated with their project sites and manufacturing
facilities is of utmost importance. Safety is an essential and integral part of all their work
activities which includes planning, design, procurement, fabrication, construction, installation
and commissioning of facilities, products, manufacturing processes and services. They
believe that incidents or accidents and risk to health are preventable through the active
involvement of all the stakeholders, thereby creating a safe and accident free work place.
With regard to safety objectives, the company will:-

Comply with the requirements of all relevant statutory, regulatory and other
provisions.
Create and promote safety awareness to protect all stake holders from fore
seeable work hazards and risks through campaigns and training programs
among employees, business associates and clients.
Provide appropriate level of training and supports to management and
employees to ensure that they are able to fulfill safety responsibilities
Work with major suppliers, business associates and customers to facilitate
their safety performance improvement and also make it obligatory for them to
follow the project site safety rules, procedures, systems and safe practices.
Ensure that appropriate resources are available to fully implement the Safety
Policy and continuously review the policy's relevance with respect to legal and
business development.







ENVIRONMENT CONCERN
With a conscious mind, they undertake Eco-friendly manufacturing processes and
make sure that less effluent and smoke are released. They take the following three concerns
seriously that are defined by some of the well-known regulatory bodies.
Reduction in hazardous environmental release
Recycling of waste products
USE OF ENVIRONMENTALLY PREFERABLE PRODUCTS
For this, they source some of the latest and high performing machines for their unit.
Moreover, the material for fabrication is quality tested and is bio-degradable, which ensures
no hazards to the environment. The range of PP products manufactured by them are
recyclable and do not emit obnoxious fumes, when burned.
What helps them to give an Edge over the competition?
Their experience of 18 years has enabled them to register their capabilities among
their competitors owing to the following factors:
Ethical business practices
Quality range of PP products
Sound manufacturing facilities
Custom designing
Excellent customer service
Wide marketing and distribution network
Timely delivery
Complete client satisfaction







PURCHASE MANAGEMENT
Raw material procurement plan has a very important role to make the production plan
successful. For any procurement, the selection a right supplier, procurement, at right time of right
quantity right price most important. It will control the inventory level of the organization. srihari
woven sacks handle all these areas effectively using following tools:
Material requirement planning
Purchase indent
Tending procedure
Purchase order
Subcontracting purchase order
MATERIAL REQUIREMENT
The raw materials required are: 1.The polypropylene granules that are made into the
tape yarn and then woven into the sacks. The main factors guiding the source of raw material
are:
Quality
Availability

Cost Quality plays a vital role in deciding the choice of raw material supplier. The
cost of the raw material is almost same but it is still a major guiding force behind choice
of the raw material. Availability forms a major guiding force behind the buying decision as
cost and quality being almost same.
shrihari woven sacks private ltd. Major Supplies of Raw Materials are from
the
guratguth






QUALITY MANAGEMENT:
Stringent quality control with proper documentation is the most essential part of woven sacks
industry. Raw material as well as semi-finished/finished items at different stage of production will go
through following quality checking Incoming raw material quality control. Quality report of Tape,
Fabric stage of production .Finished product (Bags) Quality reporting





RESEARCH & DEVELOPMENT
At shrihari woven sacks Pvt. Ltd., they continuously strive to meet the challenging
requirements of the customers. Thus they keep a special focus on Research & Development
to equip the customers with latest products at the most competitive prices. The following has
helped in developing new products & colour master batches for the customers in the shortest
time at the most competitive prices.
To properly understand the needs of the customer.
Close interaction with the suppliers to know what is new in the market.
Maintaining a database of all trials at their end & customers end.
Colour swatches of all master batches in form of granules, film & molded
chips.
Electronic database of standard pigments & end product.
Latest equipments such as Injection molding machines, two roll mills,
hydraulic press, spectrophotometer, imported MFI machines, imported filter
pressure machines and many more.
Small capacity production machines especially dedicated for R&D work.







QUALITY ASSURANCE
Shrihari woven company "Quality" is not an act but it is a habit. Quality Assurance is
in hands of most expert & experienced people in which top management itself is included.
They strictly follow "Quality Assurance System" at different level of Manufacturing
Process...
Raw material Testing--Certified by major manufactures like Reliance, IPCL,
Haldia, GAIL, IOC, etc.
Tape Yarn--Width of yarn--Denier of yarn--Strength and elongation
Fabric--Size of Fabric, Mesh, Strength and elongation, Weight of Fabric in
GSM
Cutting--Weaving Defects, Size of Cutting
Stitching--Seam Strength/Strength of Bag, Weight of Bag, Mass of Sack,
Cleaning and printing matter
Packaging--Counting and Proper Bailing The Groups well-trained and experienced
staff and associates ensures that all the products are made from the finest material and adopts
stringent quality control measures throughout the production process. Quality control is
applied at each and every stage of manufacture and storage, leading to the delivery of top
quality material. An important part of our quality control is minimal wastage of the raw
material. Due to minimum wastage of less than 5% (from tape to bag) gives an opportunity to
keep the price under control.Jakhotia Group has a complete in-house manufacturing & testing
facility that enables it to produce totally flawless and tough products.









PRODUCTION MANAGEMENT

From sales order and sales forecast, production for the period is planed normally on a
thump rule basis where the material requirement is not exactly available as a result the
planned production is seldom srihari woven sacks provides effective solution to optimize
the production plan through:
Bill of material (BoM) of tape fabric and bags
Material requirement planning (MRP) consider availability of granules, colour master
batch, filler master batch, tape fabric and finished bags.
MRP will also consider bending purchase orders availability production order in the
system
MRP will suggest the production order for tape, fabric , bags and purchase order for
granules, master batchs etc.,
Based on MRP recommendation production order may be creator, it may be creator
manually also
The production order will be realized based on availability of resources like extrusion
machine, looms lamination, machine etc. and manpower
Sub-contracting of WIP at any stage of production
Purchase order may be generated from MRP recommendation or can be created
through manual indent





MANUFACTURING PROCESS
PP Woven Sacks are generally manufactured and printed as per the Customers
demands/needs. The end users adopt different kinds of Color Combinations and Designs in
the Printing of these Sacks to convey the massage(s), characteristic(s), quantity & quality
related details and handling instructions etc. For some kind of specific applications like filling
of Hydroscopic Materials e.g. Chemicals, Fertilizers, Food Products etc. these Woven Sacks
are laminated also. The Process of manufacturing PP Woven Sacks involves following three
steps:
Extrusion
Weaving
Finishing & Stitching
Extrusion:
The process of manufacturing PP woven bags involves mixing raw materials starting
with PP or HDPE pellets and other additives, extruding the raw materials into a yarn PP resin
is heated with feeler of CaCo3 and pigment, melted and extruded as a flat film. It is then slit
into tape yarn by the slitting unit and stretched and annealed. Next, a take-up winder winds
the heat oriented tape yarn onto a bobbin. The Raw Material (PP & Filler) in the Granules
form is fed to a Raffia Tape Manufacturing Plant
To obtain the Raffia Tapes of PP. The Raw Material Mix is prepared in a Tray
adjacent to the Feed Hopper. The prepared Mix is sucked in to the Hopper by Vacuum. The
Raw Material Mix is fetched to the Extruder of the Plant; where the same is melt by applying
controlled External Heat on the Barrel. The Molten Mass is forced out through a Die Head
into a Cooling Tank, in the form of Sheet/Film. The cooled & solidified Sheet/Film is passed
through the Knifes to obtain Raffia Tapes of higher Denier (a Unit by which the fineness of a
Yarn is measured). High Density Polyethylene (HDPE) or Polypropylene (PP) granules are
first converted in to 2.5 mm wide tapes by Extrusion process. The Raffia Tapes received from
the Plant are stretched and annealed. These are then wound on Cheese Pipes with the help of
the Sets of Winders.






Weaving:
Weaving the yarn into a fabric in a process similar to the weaving of textiles. These
flat tapes are then woven into circular fabric by Circular weaving machine. Thus woven
circular fabric is then cut in to required dimension. Thread from the bobbin in the circular
looms creel stand is woven into tubular cloth The Weaving of Raffia Tapes into Cloths is
carried out in Circular Looms, which produce Circular Cloth of desired Width. The process
of Weaving is Automatic and Continuous in nature. Numbers of Circular Looms are installed
so as to match the Effective Output of the Raffia Tape manufacturing Plant. The Cloth
produced by each Loom is continuously wound on Rotating Pipes.
Finishing & Stitching:
The Rolls of Woven Cloth are carried out to the Finishing & Stitching Section of the
Unit. The Cloth is cut into desired size and the printed. After printing the cut pieces are sent
for stitching. Prior to the stitching of the Cloth, a valve is made in one corner of the cut piece,
as per the Customers specification. The Woven Sacks passed through the Quality Control
Test are bundled in 500 or 1000 Nos. and pressed on a Bailing Press. The pressed Woven
Sacks are wrapped, bundled, packed and dispatched. The Quality Control checks are carried
out at each and every step to avoid rejections. The parameters pertaining to the Weight,
Denier, Bursting Strength etc. are strictly adhered to.










FINANCE DEPARTMENT
FINANCIAL STATEMENTS ANALYSIS (What Are Financial
Statements)
Financial statements are documents showing the financial position of a company. The
four main statements are the balance sheet, income statement, cash flow statement, and
statement of retained earnings (or shareholders' equity).
What is Financial Statement Analysis?
Financial statement analysis takes specific line items from a financial statement and
turns them into easy-to-understand data or information.
Why Financial Analysis Is Needed?
Numbers on financial statements can be confusing. Analysis of the numbers gives you
or outside investors a better perspective of how your company is managing money and
operations.
How Are Financial Statements Developed?
Financial statements are a key part of business finances and are used for many
different reasons, primarily as a form of analysis within the company. Outside of the
company, lenders and investors alike study financial statements in order to make key
investment decisions, so preparing financial statements is important even for small business
owners and entrepreneurs. Fortunately, the major financial statements are very common and
there are well-established ways to develop them for most businesses.
Interpreting Financial Statement Analysis
Financial statement ratios must be considered in the context of industry standards.
Ratios should be compared to benchmarks of similar businesses to determine a company's
overall financial health.
Need for Financial Statement Analysis
Companies conduct financial statement analysis to understand their financial health
during the statement period. By using these statements wisely, an individual can gauge the
companys present financial scenario, as well as make projections for the immediate future.
The company also makes extensive use of financial ratios and graphs. With this, one
understands the relation between the company's assets and its productivity. Financial
statement analysis is extremely beneficial for the company's management, its shareholders, its
creditors and the government.

Parties Interested In Financial Statement Analysis
The analysis of financial figures contained in the company's profit and loss account
and balance sheet by employing appropriate technique is known a financial statement
analysis. Financial statement analysis is useful to different parties to obtain the required
information about the organization. Following are the parties interested in financial statement
analysis.
1. Shareholders:
Shareholders are interested in financial statement analysis to know the profitability of
the organization. Profitability shows the growth potentiality of an organization and safety
of investment of shareholders.
2. Investors and Lenders:
Investors and lenders are interested to know the solvency position of an organization.
They analyze the financial statement position to know about the safety of their investment
and ability to pay interest and repayment of principle amount on due date.
3. Creditors:
Creditors are interested in analyzing the financial statements in order to know the
short term liquidity position of an organization. Creditors analyze the financial statement to
know whether the organization is able to pay the amount of short term liabilities on due date
or not.
4. Management:
Management is interested to analyze the financial statement for measuring the
effectiveness of its policies and decisions. It analyze the financial statements to know short
term and long term solvency position, profitability, liquidity position and return on
investment from the business.
5. Government:
Government is interested to analyze the financial position in determining the amount
of tax liability. It also helps for formulating effective plans and policies for economic growth.
Objectives of Financial Statement Analysis:
The major objectives of financial statement analysis are as follows
1. Assessment of Past Performance:
Past performance is a good indicator of future performance. Investors or creditors are
interested in the trend of past sales, cost of goods sold, operating expenses, net income, cash
flows and return on investment. These trends offer a means for judging management's past
performance and are possible indicators of future performance.
2. Assessment of current position:
Financial statement analysis shows the current position of the firm in terms of the
types of assets owned by a business firm and the different liabilities due against the
enterprise.
3. Prediction of profitability and growth prospects:
Financial statement analysis helps in assessing and predicting the earning prospects
and growth rates in earning which are used by investors while comparing investment
alternatives and other users in judging earning potential of business enterprise
4. Prediction of bankruptcy and failure:
Financial statement analysis is an important tool in assessing and predicting
bankruptcy and probability of business failure.
5. Assessment of the operational efficiency:
Financial statement analysis helps to assess the operational efficiency of the
management of a company. The actual performance of the firm which is revealed in the
financial statements can be compared with some standards set earlier and the deviation of any
between standards and actual performance can be used as the indicator of efficiency of the
management.
Methods or Techniques Of Financial Statement Analysis
Financial statement analysis can be performed by employing a number of methods or
techniques. The following are the important methods or techniques of financial statement
analysis.
1. Ratio Analysis:
Ratio analysis is the analysis of the interrelationship between two financial figures.
2. Cash Flow Analysis:
Cash flow analysis is the analysis of the change in the cash position during a period.
3. Comparative Financial Statements:
Comparative financial statement is a analysis of financial statements of the company
for two years or of the two companies of similar types.
4. Common-size Financial Statements:
Common-size financial statement is a analysis of financial statements of the
company, where there is a base element taken from the financial statement and every other
elements are taken as a percentage of that base element.

5. Trend Analysis:
Trend analysis is the analysis of the trend of the financial ratios of the company over
the years. The methods to be selected for the analysis depend upon the circumstances and the
users' need. The user or the analyst should use appropriate methods to derive required
information to fulfill their needs.
Limitations of Financial Statement Analysis
Although analysis of financial statement is essential to obtain relevant information for
making several decisions and formulating corporate plans and policies, it should be carefully
performed as it suffers from a number of the following limitations.
1. Mislead the user:
The accuracy of financial information largely depends on how accurately financial statements
are prepared. If their preparation is wrong, the information obtained from their analysis will
also be wrong which may mislead the user in making decisions.
2. Not useful for planning:
Since financial statements are prepared by using historical financial data, therefore,
the information derived from such statements may not be effective in corporate planning, if
the previous situation does not prevail.
3. Qualitative aspects:
Then financial statement analysis provides only quantitative information about the
companys financial affairs. However, it fails to provide qualitative information such as
management-labor ration, customers satisfaction, and management skills and so on which
are also equally important for decision making.
4. Comparison not possible:
The financial statements are based on historical data. Therefore comparative analysis
of financial statements of different years cannot be done as inflation distorts the view
presented by the statements of different years.
5. Wrong judgment:
The skills used in the analysis without adequate knowledge of the subject matter may
lead to negative direction. Similarly, biased attitude of the analyst may also lead to wrong
judgment and conclusion. The limitations mentioned above about financial statement analysis
make it clear that the analysis is a means to an end and not an end to itself. The users and
analysts must understand the limitations before analyzing the financial statements of the
company.



















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CONCLUSION

Internship as a Learning Process
Working in an organization does not limit ones experience to just one department that
one is assigned with, but actually the organization is running with a systematic collaboration
of the departments and hence requires communications and Interaction. Well thats the point
that one should not ignore, and always keep ones Mind and heart open for the experience. If
one is in a situation and have interactions, ones studies are being implemented in practical
environment there .Youre not by passing your boss, because you Understand that
organizational hierarchy is defined and proper communication channels are available which
should be used. OR. You won show resistance to Change cause you studied that change is
the only constant and hence necessary for organizational development and employees
survival. Experience & learning: Having an experience of a good organization has one huge
advantage, it makes you more professional and professionalism is the key to success.
Internships have main emphasis on factors like:
Communication skills
Professionalism
Presentation abilities and Confidence
Handling the stressful situations Working with the Company added a great value to my skills
knowledge and abilities and hence gave me a chance to relate my studies in the practical
working environments , my communication skills improved and the I feel more confident
then I was and this experience helped me broaden my vision and more practical.