REPORT ON SUMMER TRAINING HELD AT BALSARA ENGINEERING PVT

LTD, GUMMUDIPOONDI
1.INTRODUCTION
BALSARA ENGINEERING PRODUCTS LIMITED., is a company incorporated in the
year 1991 and initiated itself into the business of manufacture and supply of anchoring
systems for casteless and refractoriness and has since grown into a multi-product, multidimensional company specializing in various products that cater to a very diverse segment
of the industry.
The company has always been in sync with the changing times has in
place a continuous system of improvement and up gradation, which has
resulted in the very wide product range that it has today, many of these
products are import substitutes which have been developed to meet
customers requirements at a highly reduced cost and without any
compromise on the quality and utility. The Company believes in the
philosophy of GROWING WITH THE CUSTOMER and in continuation of the same has
always had a customer centric approach.
The trainee attended one month training in BALSARA Engineering Products Ltd
from 10-06-2015 to 10-07-2015. The aim of attending the training is to enhance the
entrepreneurial and managerial practical knowledge. This training report has introduction,
aim of the study, industrial profile, company profile, SWOT analysis and conclusion

2. AIM
The aim of summer training Programme is to identify and develop the practical
Entrepreneurial and Managerial Skills. To get Training in various departments is gain
practical knowledge in production, human resource, finance and the like functions in
BALSARA Engineering Products Ltd.

3. INDUSTRY PROFILE
3.1 INTRODUCTION
India has emerged as the fourth largest steel producing nation in the world, as per
the recent figures release by World Steel Association in April 2011. In 2010, India was
the 5th largest producer, after China, Japan, USA and Russia had recorded a growth of
11.3% in steel production as compared to 2009. Overall domestic crude steel production
grew at a compounded annual growth rate of 8.4% during 2005-06 to 2009-10.
Total crude steel production in India for 2010-11 was around 69 million tones and
its expected that the crude steel production in capacity in the country will increase to
nearly 110 million tons by 2012-13. Further, if the proposed expansion plans are
implemented as per schedule, India may become the second largest crude steel producer
intheworldby2015-16.
The demand for steel in the country is currently growing at the rate of over 8%
and it is expected that the demand would grow over by 10% in the next five years.
However, the steel intensity in the country remains well below the world levels. Our per
capita consumption of steel is around 110 pounds as compared to 330 Pounds for the
global average. This indicates that there is a lot of potential for increasing the steel
consumption in India.

3.2 HISTORY OF THE STEEL INDUSTRY

The global steel industry has been going through major changes since 1970.
China has emerged as a major producer and consumer, as has India to a lesser extent.
Consolidation has been rapid in Europe.

3.3 MATERIAL FOR DEVELOPMENT

The volume of steel consumed has been the barometer for measuring
development and economic progress. Whether it is construction or industrial goods,
steel is the basic raw material. Lighter metals and stronger alloys have been developed.
Plastics and synthetics have replaced steel in many areas.
Steel is made from ores still found in abundance around the world.
Technological developments have brought down the time for transformation from iron
ore to steel to within a day. Even after decades of use, it can be sent back to the furnaces
as scrap, melted and remade into new qualities of steel. It is the most recycled material
in the world. In developed countries, recycling accounts for almost half of the steel
produced.

Another major feature is the continuous improvement of steel grades. Half of

today's steel grades were not available ten years ago. Just take the example of the most
commonly used steel rods or bars, used as reinforcement material with cement
concrete. It used to be plain bars even in the sixties, then came the ribbed bars, followed
by the cold twisted deformed bars and now it is thermo mechanically treated bars. Each
development has added to the strength of construction. Older varieties of steel have been
improved upon and newer grades introduced. The process continues.

3.4 GROWTH OF THE INDUSTRY

Global steel production grew enormously in the 20th century from a mere 28
million tones at the beginning of the century to 781 million tones at the end.
Over the course of the 20th century, production of crude steel has risen at an
astounding rate, now fast approaching a production level of 800 million tons per year.
Today, it is difficult to imagine a world without steel.
During the 20th century, the consumption of steel increased at an average annual

rate of 3.3%. In 1900, the United States was producing 37% of the world's steel. With
post war industrial development in Asia that region now (at the start of the 21st century)
accounts for almost 40%, with Europe (including the former Soviet Union) producing
36% and North America 14.5%.
Steel consumption increases when economies are growing, as governments
invest in infrastructure and transport, and as new factories and houses are built.
Economic recession meets with a dip in steel production as such investments falter.
After being in the focus in the developed world for more than a century, attention
has now shifted to the developing regions. In the West, steel is referred to as a sunset
industry. In the developing countries, the sun is still rising, for most it is only a dawn.
Towards the end of the last century, growth of steel production was in the
developing countries such as China, Brazil and India, as well as newly developed South
Korea. Steel production and consumption grew steadily in China in the initial years but
later it picked up momentum and the closing years of the century saw it racing ahead of
the rest of the world

3.5 IMMENSE GROWTH POTENTIAL IN INDIAN STEEL

SECTOR
Domestic crude steel production grew at a compounded annual growth rate of
8.4% in the last few years.
Crude steel production capacity of the country is projected to be around 110
million tons by 2012-13
222 Memorandum of Understandings (MOU) have been signed with various
states for planned capacity of around 276 million tons by 2019-20.
Investments at stake are to the tune of $187 billion in the Steel sector.

Increase in the demand of steel in India is expected to be 14% against the global
average of 5-6% due to its strong domestic economy, massive infrastructure needs and
expansion of industrial production.
Demand of steel in the major industries like infrastructure, construction,
housing, automotive, steel tubes and pipes, consumer durables, packaging and ground
transportation.
Infrastructure projects (like Golden Quadrilateral and Dedicated Freight Corridor) will
give boost to the demand in the steel sector in near future.

3.6 STEELMAKING
.

Steelmaking has played a crucial role in the development of modern technological

societies. Cast iron is a hard brittle material that is difficult to work, whereas steel is
malleable, relatively easily formed and a versatile material. For much of human history, steel
has only been able to be made in small quantities but since the invention of the Bessemer
process in the 19th century and subsequent technological developments in injection
technology and process control, mass production of steel has become an integral part of the
world's economy and a key indicator of technological development. The earliest means of
producing steel was in a bloomer.
An important aspect of the industrial revolution was the development of large-scale
methods of producing forgeable metal (bar iron or steel). The peddling furnace was initially a
means of producing wrought iron, but was later applied to steel production.
The real revolution in steelmaking only began at the end of the 1850s when the
Bessemer process became the first successful method of steelmaking in quantity, followed by
the open-hearth furnace.

3.7 MODERN PROCESSES

Modern steelmaking processes can be broken into two categories: primary and
secondary steelmaking. Primary steelmaking involves converting liquid iron from a blast
furnace and steel scrap into steel via basic oxygen steelmaking or melting scrap steel and/or
direct reduced iron (DRI) in an electric arc furnace. Secondary steelmaking involves refining
of the crude steel before casting and the various operations are normally carried out in ladles.
In secondary metallurgy, alloying agents are added, dissolved gases in the steel are lowered,
and inclusions are removed or altered chemically to ensure that high-quality steel is produced
after casting.

3.7.1 PRIMARY STEELMAKING

Basic oxygen steelmaking is a method of primary steelmaking in which carbon-rich
molten pig iron is made into steel. Blowing oxygen through molten pig iron lowers the
carbon content of the alloy and changes it into steel. The process is known as basic due to the
chemical nature of the refractoriescalcium oxide and magnesium oxidethat line the
vessel to withstand the high temperature and corrosive nature of the molten metal and slag in
the vessel. The slag chemistry of the process is also controlled to ensure that impurities such
as silicon and phosphorus are removed from the metal.
The process was developed in 1948 by Robert Durrer and commercialized in 195253
by Austrian VOEST and AMG. The LD converter, named after the Austrian towns of Linz
and Donawitz (a district of Leoben) is a refined version of the Bessemer converter where
blowing of air is replaced with blowing oxygen. It reduced capital cost of the plants, time of
smelting, and increased labor productivity. Between 1920 and 2000, labor requirements in the
industry decreased by a factor of 1,000, from more than 3 worker-hours per ton to just 0.003.
The vast majority of steel manufactured in the world is produced using the basic oxygen
furnace; in 2011, it accounted for 70% of global steel output. Modern furnaces will take a
charge of iron of up to 350 tons and convert it into steel in less than 40 minutes, compared to
1012 hours in an open hearth furnace.
Electric arc furnace steelmaking is predominantly used for producing steel from scrap
and involves melting scrap or direct reduced iron using electric arcs (either in AC or DC
mode). It is common to start the melt with a "hot heel" (molten steel from a previous heat)
and use gas burners to assist with the melt down of the scrap pile in the furnace. As in basic
oxygen steelmaking, fluxes are also added to protect the lining of the vessel and help improve

the removal of impurities. Electric arc furnace steelmaking typically involves furnaces of
capacity around 100 tones that produce steel every 40 to 50 minutes for further processing.
By-product gases from the steel making process can be used to generate electricity
through the use of reciprocating gas engines.

3.7.2 SECONDARY STEELMAKING

Secondary steelmaking is most commonly performed in ladles and often referred to as
ladle (metallurgy). Some of the operations performed in ladles include de-oxidation (or
"killing"), vacuum degassing, alloy addition, inclusion removal, inclusion chemistry
modification, de-sulphurisation and homogenization. It is now common to perform ladle
metallurgical operations in gas stirred ladles with electric arc heating in the lid of the furnace.
Tight control of ladle metallurgy is associated with producing high grades of steel in which
the tolerances in chemistry and consistency are narrow.

3.8 STEEL MANUFACTURING

Employment is expected to continue to decline due to consolidation and further automation

of the steelmaking process. Employers staffing production and maintenance jobs
increasingly prefer individuals with 2-year degrees in mechanical or electrical technology.
Opportunities will be best for engineers, computer scientists, business majors, and skilled
production and maintenance workers.
Establishments in this industry produce steel by melting iron ore, scrap metal, and other
additives in furnaces. The molten metal output is then solidified into semi-finished shapes
before it is rolled, drawn, cast, and extruded to make sheet, rod, bar, tubing, beams, and
wire. Other establishments in the industry make finished steel products directly from
purchased steel. The least costly method of making steel uses scrap metal as its base. Steel
scrap from many sourcessuch as old bridges, refrigerators, and automobilesand other
additives are placed in an electric arc furnace, where the intense heat produced by carbon

electrodes and chemical reactions melts the scrap, converting it into molten steel.
Establishments that use this method of producing steel are called electric arc furnace (EAF)
mills, or minimills. While EAFs are sometimes small, some are large enough to produce
400 tons of steel at a time. The growth of EAFs has been driven by the technologys
smaller initial capital investment and lower operating costs. Moreover, scrap metal is found
in all parts of the country, so EAFs are not tied as closely to raw material deposits as are
integrated mills and can be placed closer to consumers. EAFs now account for well over
half of American steel production and their share is expected to continue to grow in coming
years as they move to produce more higher end products by adding virgin iron ore to the
mix of steel scrap and other additives.
3.9 ROLE OF STEEL INDUSTRY IN INDIA

The Iron and Steel Industry in India is one of the fastest growing sectors

The demand drivers for the Indian Iron and Steel industry are increase in the activities
of the automobiles industry, real estates industry, transportation system, aircraft
industry, ship building industry, etc.

India ranks 5th in the world in terms of production of steel

The amount of crude steel produced in 2006-07 was 50.71 million tonnes

The amount of finished steel produced in 2006-07 was 51.9 million tonnes

The production of finished steel was increased by 16.52%

The production of finished carbon steel was 24.8 million tonnes in the year 2006-07

It is expected that India would become the second biggest producer of steel within the
year 2016 and the production per year would be 137 million tonnes

The exports pertaining to the steel industry was 6.26 % during the period 2006-07

4.COMPANY PROFILE
BALSARA ENGINEERING PRODUCTS LIMITED.,
4.1. INTRODUCTION
BALSARA ENGINEERING PRODUCTS LIMITED., is a company incorporated
in the year 1991 and initiated itself into the business of manufacture and supply of anchoring
systems for casteless and refractoriness and has since grown into a multi-product, multidimensional company specializing in various products that cater to a very diverse segment of
the industry.
BALSARA is situated in the industrial hub of Chennai and has moved from a humble
multi location facility at amateur to a modern state of the art infrastructure spanning over a
1,50,000 sqft of industrial shed and 1,00,000 sqft of semi covered shed on a land expanse
of over 6,00,000 sq ft.
BALSARA over the years has established quality products, timely delivery,
commitment and competitive rates and terms as its trademarks, which is amply reflected in
the repeated trust the customers have placed on it.
BALSARA has always been in sync with the changing times has in place a
continuous system of improvement and up gradation, which has resulted in the very wide
product range that it has today, many of these products are import substitutes which have
been developed to meet customers requirements at a highly reduced cost and without any
compromise on the quality and utility.
BALSARA believes in the philosophy of GROWING WITH THE CUSTOMER and in
continuation of the same has always had a customer centric approach.
BALSARA derives its strength from the faith reposed in it by its customers, by the
support given by all associates, and the inherent power it draws from its own versatility and
dynamism.
BALSARA has grown from strength to strength and has diversified into various
product lines, product categories and has proved its dynamism and mettle with the kind,
variety and range of products and the various grades it handles starting with the basic mild,
carbon and alloy steel to stainless steel in grades 304, 304L, 304H, 316, 316L, 321, 347,
310, 409, 410 and right up to exotic materials like MONEL, INCONEL, HASTALLOY,
RA 330, RA 333 in its Endeavour to establish itself as a player of repute and quality in its
line of activity.

4.2 MISSION
To be a global player of impeccable repute and a leading producer of
industrial and engineering components, products, equipments and systems of world class
standards.

4.3 VISION
To create an aligned and empowered organization with the help of passionately
committed people and innovative technology which shall always be the most proffered
choice of any customer around the world.

4.4 QUALITY POLICY

To achieve customer satisfaction and delight by performing each task defect free the
first time, every time and on time through team work and bringing about continual
improvement in each and every process, person, and product of the organization.

4.5 HSE POLICY

To encourage a productive and joyous harmony of people and their
environment.
To promote efforts that would prevent any kind of damage to the
environment.

4.6 CSR POLICY

To be aware of its commitment towards the improvement of the society and
to make an attempt to give back.
To make a conscious and tangible effort to bring about a positive and
marked difference in the physical, mental and spiritual attributes of human
lives.

4.7 CORPORATE STATEMENTS

BALSARA has always been relentlessly striving to deliver, to create value
and make a difference
BALSARA has always pursued the philosophy that through its conduct it
has to ensure that customer build business; employees build future and
shareholder build value, in pursuit of the same the company has laid down
its stated objectives.

4.8 MACHINERY PROFILE

BALSARA is well equipped with all the machinery and equipments required for an
unhindered production process and is always striving for improvement in its process
through technological up gradation and in its endeavor to do so has assembled an
impressive catalogue of machines, a birds eye view of which is given under with.

30 TONNE AMADA TURRET PUNCH MACHINE

CNC THREE DIMENSIONAL WIRE FORMING MACHINE
COLD ROLL FORMED SECTION LINES
BRIGHT BAR DRAWING LINE
NC HYDRAULIC SHEARING MACHINE
NC HYDRAULIC PRESS BRAKE
MECHANICAL POWER PRESSES
HYDRAULIC POWER PRESSES
TUBE MILLS
SELF TAPPING SCREWS MACHINES
MANUAL ARC WELDING EQUIPMENTS
CENTRELESS GRINDING MACHINE
PIPE BENDING MACHINES
SPECIALITY FINISHES MANUFACTURING MACHINE
SPECIALITY FOIL SLITTING MACHINE

4.9 QUALITY PROFILE

BALSARA is an ISO 9001:2008 implement and has always had a very stringent
quality procedure being followed for all its activities which begins at the material stage and

is maintained right up to the dispatch of the materials of the customer. The company
maintains a strict regimen of traceability of the product through the various stages of
production. It adopts manufacturers test certificates, cross checking at reputed laboratories,
batch numbering, calibrated tools, gauges and instrument as the means to archive the
desired quality levels. It has an emphasis on quality with consistency and the third party
inspection agencies all and is paramount importance

4.10 FACTORY AND PERSONNEL

BALSARA currently operates from its owned premise situated 50 kms north of
Chennai in the industrial district of gummidipoondi and has a very good connectivity by
road rail and air networks and a close proximity to the port.
The company spans over a land area of approximately 600000 sqft and has fully covered
shed area of approximately 150000 sqft a partially covered shed area of around 30000 sqft
which are used for its various manufacturing and all other related activities, an area of
around 10000 sqft is earmarked for raw materials and finished goods and a secured area of
around 7500 sqfr is earmarked for stores
BALSARA also has a well-equipped administrative office spanning 7500 sqft
and is equipped with all the necessary and updated softwares for design, development and
accounting. It has an installed and equipped capacity of 1200 kava of electricity supply and
has a sanctioned power limited of 750 kava, a generator bake up to the extent of 750 kava
is also available to meet up with any eventuality arising out of any disruption in power
supplies.
The company currently employs close to 500 dedicated people, permanent, temporary,
casual and contracted at various levels o
Its organization, this dedicated workforce is abreast of all the latest developments with
respect to machines, technology and through training

4.11 LIAISON WITH OTHER BODIES

A regular and strong rapport is maintained with Government Departments, Institutions

and Diplomatic Missions in Chennai and other cities, through regular correspondence and
periodic exchange of visits. This enables all parties to strengthen business development

STATE GOVERNMENT

State Manufacturing Competitiveness Council (SMCC)

State Level Advisory Board for MSME

CENTRAL EXCISE / SERVICE TAX

Regional Advisory Committees for Organized and Small Scale Sector

Regional Advisory Committee for Service Tax Sector

Central Excise - Public Grievance Committee

CUSTOMS

Customs Advisory Committee

Cargo Facilitation Committee - AAI

Chennai Trade Coordination Committee

Voluntary Health Services

4.12 FUNCTIONAL DEPARTMENTS

4.12.1 PRODUCTION DEPARTMENT
The production department is the driving force turning the wheels of every manufacturing
company because without it there are no goods to sell to customers. Along with producing the
goods a manufacturer sells, the production department determines how much of those goods
can be produced in a certain Time frame.
Quality of Goods:
The production department's main duty is to ensure the goods being produced meet
the customer's quality expectations. Even though the quality assurance department inspects
the goods through the manufacturing process, the production department has certain quality
duties too. Each step measures the raw material to make sure it is within the tolerances
recommended before it goes to the next step. This measurement is either done digitally or by
the machine or production operator.

Production Scheduling:
A production department can only manufacture or assemble so much product in a certain
amount of time. It is the duty of the production department to maintain a production schedule
so other departments know what is being produced and how long it takes to produce that
quantity. The sales department relies heavily on this production scheduling to provide
customers with a satisfactory time line of shipment for their purchases.
Coordinating Duties:
Not all goods are produced on an assembly line. This is the last step in a production
process. The production department coordinates the production of each part of the assembled
goods to ensure all parts are being produced in conjunction with each other. All parts of an
assembled product are formed from raw material. This process takes several steps from the
production department to make sure each part of the product is being produced
simultaneously or within the same time frame.

4.12.2 MARKETING DEPARTMENT

Marketing refers to product development, pricing, place of sale and promotion. It means the
sales and marketing teams role has heavy emphasis on market research, customer profile
determination, product development, distribution strategies and brand management. After the
sales and marketing team develops these elements, it creates marketing communications,
such as advertising, public relations, social media and promotions, to support them. Sales
staff members then sell using a brand message created during the marketing development
phase. The BALSARA use both customer oriented and trade oriented sales promotion. After
sales service should provide by this company. The marketing department gives guidelines to
maintaining good relationship with customers

4.12.3 HUMAN RESOURCE MANAGEMENT

The HR Departments involved in designing the job analysis and job description for
the perspective vacancies. The BALSARA HR Department is to recruit the people on the
basis of potential skills. It gives regular training and incentives to motivate the employees
depending upon their workers performance. Proper records are maintained by the HR
department. The employees have to put their signature in the register before entering their
work place.

Organizational Development:
To ensure its success, a company must establish a hierarchal reporting system. The
funnel of responsibility is critical to the efficiency of a smoothly operating business entity
in which there is a clearly defined understanding of who is responsible for what. They
provide consultation to a company's management team to identify what the company's core
business and culture is about, and proceeds to plan and map the company's organizational
infrastructure to support those needs.
Employee Recruitment and Selection Process:
There are many steps to recruiting and selecting qualified employees. First,
a department head must inform the HR manager of an opening in their department. Then the
HR manager must obtain the job description to formulate a Job Description Sheet for
publication either internally, publicly, or both. Then HR must field the (many) responses to
that job announcement to weed out the qualified from the unqualified applicants. Once that is
completed, the interview process must be coordinated. They prepare the job description,
contact the newspaper, run the ad, field the calls, compile a list of potential candidates,
submit that list to the department's hiring manager for approval and selection, contact the
chosen candidates to set up preliminary interviews, and interview the candidates! Although
most interviews are with the hiring manager or their associates, not all applicants get to meet
with the department's hiring manager right away. It is not uncommon for a company to filter
out those who fail to impress the HR manager first. For those select few who make it through,
the HR manager schedules interviews between the department's hiring manager and potential
candidates, and follows up with the hiring process to establish the new hire with the
company.
Employee Training & Development: As a company and the requirements of a position evolve,
a company needs to take certain measures to ensure a highly skilled workforce is in place.
The Human Resources Department oversees the skills development of company's workforce,
acting as an in-house training center to coordinate training programs either on-site, off-site, or
in the field. This might include on-going company training, outside training seminars, or even
college, in which case an employee will receive tuition reimbursement upon earning a
passing grade.
Employee Compensation Benefits:

This covers salaries, bonuses, vacation pay, sick leave pay, Workers' Compensation, and
insurance policies such as medical, dental, life, and 401k. The Human Resources Department
is responsible for developing and administering a benefits compensation system that serves as
an incentive to ensure the recruitment of top talent that will stay on with the company. When
an employee is hired, the company's Benefits Coordinator is required to meet with employees
one-on-one or in small group settings to explain their benefits package. This often requires an
employee to make an informed decision and to provide their signature for processing
purposes
Employee Relations:
With the increased rise in unethical practices and misbehaviors taking place in today's
workplace such as age, gender, race, and religion discrimination and sexual harassment, there
needs to be mandatory compliance with governing rules and regulations to ensure fair
treatment of employees. In short, employees need to know they have a place to turn when a
supervisor abuses his or her authority in anyway. Whether corporate or union, the HR
Department will get involved to act as arbitrator and liaison between legal entities, regulatory
agencies such as Human Rights, supervisors (who might be falsely accused), and employees
to properly address and resolve the issue at hand.
Policy Formulation:
Regardless of the organization's size, company policies and procedures must be established to
ensure order in the workplace. These policies and procedures are put in place to provide each
employee with an understanding of what is expected of them. Similarly, these policies and
procedural guidelines will assist hiring managers in evaluating their employee's performance.
These policies can be established company-wide or used to define each department's
function. It is Human Resource's responsibility to collaborate with department managers on
the formulation of these policies and regulations to ensure a cohesive organization. A
common practice is the development and implementation of an Employee Procedure Manual
or Employee Handbook that is either distributed to each employee at the time of hire or a
master copy allocated one to a department.
The Human Resources Information Systems keeps track of the vast amount of data, a human
resources department must have a good HRIS in place to automate many functions such as
planning and tracking costs, monitoring and evaluating productivity levels, and the storing
and processing of employee records such as payroll, benefits, and personnel files. It is very

important that you, the job seeker, understand how the HR function works specifically in
the area of candidate recruitment. If you are considering a career in human resources, you can
choose to become a Generalist or a Specialist. Whether a job seeker or a HR professional,
research a company well before applying for a position

4.12.4 QUALITY DEPARTMENT

Quality is a measure of excellence in manufacturing. Introspection and probing value
proposition leads to further questions about the purpose of a quality department. We may
learn the purpose as to ensure customer satisfaction, to ensure outgoing quality or help
manufacturing. However, such purposes of the quality department do not help a company.
The purpose of a quality department is to ensure profit margins by reducing inefficiencies,
operations errors and product defects. In addition, the purpose also must include proactively
improving capability and capacity of operations through new methods, tools or skills.
QUALITY
Most quality departments are forced to be timid by operations people. They are told to
do things such as add inspection, respond to a customer complaint or similar such requests.
Quality departments are considered an unwanted cost and a burden because they add no
apparent value; they are considered to be cost of doing business.
Thinking of excellence in the quality department will lead us to define our value proposition,
and facilitate

helping each department in defining and identifying excellence such that it

contributes to the profitable growth of the organization. This must then highlight departments
are not contributing to the profitable growth, or issues adversely affecting it.

4.12.5 PURCHACE DEPARTMENT

Procuring Materials:
One role of the purchasing department is to procure all necessary materials needed for
production or daily operation of the company or government organization. For a
manufacturing company, this might include raw materials such as iron, steel, aluminum or
plastics, but it also might include tools, machinery, delivery trucks or even the office supplies
needed for the secretaries and sales team. In a retail environment, the purchasing department
makes sure there is always sufficient product on the shelves or in the warehouses to keep the
customers happy and keep the store well-stocked. With a small business, it is especially

important to keep inventory ordering at a reasonable level; investing large amounts of capital
in excess stock could result in storage problems and in a shortage of capital for other
expenditures such as advertising or research and development. Purchasing also oversees all of
the vendors that supply a company with the items it needs to operate properly.
Evaluating Price:
A purchasing department also is charged with continuously evaluating whether it is receiving
these materials at the best possible price in order to maximize profitability. This can be
challenging for a small business that may purchase in lesser quantities than a larger vendor
and which thus may not receive the same type of bulk discounts. A purchasing department in
a small business needs to shop around to find the best vendors at the most reasonable prices
for the company's particular size orders. Purchasing department staff may communicate with
alternate vendors, negotiate better pricing for bulk orders or investigate the possibility of
procuring cheaper materials from alternative sources as part of their daily activities.
Paperwork and Accounting:
Purchasing departments handle all of the paperwork involved with purchasing and delivery of
supplies and materials. Purchasing ensures timely delivery of materials from vendors,
generates and tracks purchase orders and works alongside the receiving department and the
accounts payable department to ensure that promised deliveries were received in full and are
being paid for on time. In a small business, this means working closely with the accounting
department to ensure that there is sufficient capital to buy the items purchased and that cash is
flowing smoothly and all payments are made on time.

4.12.6 FINANCE DEPARTMENT

Financial managers play a pivotal role in the success of companies. Finance Department
involves allocating the financial resources of a company in a way that maximizes its wealth
and profitability. Financing involves decisions about what external resources should be
brought into the business to be used for investment in profitable enterprises. Financial
manager is responsible for his companys accounting activities, such as reporting and analysis
of the company earnings, expenses and overall financial position. The BALSARA financial
manager should prepare cash flow statement and record day to day expenses.

4.13 PRODUCTS

BALSARA continuously strives to meet up with customer specific requirements through

up gradation, development and innovation. over a period of time BALSARA has forayed
into an exhaustive range of products through a consistent, continuous and concentrated
efforts and with substantial support from customers we are today engaged in the
manufacturing of various products across a enviably wide range of process parameters and
cater to a broad class of the industry across diverse segments and applications a broad
classification of the various products that we handle are listed herewith

Internal Insulation

External Insulation

Boiler Products

Cold Roll Formed Sections

SS ERW Tubes and Pipes

SS Special Finish Sheets

HRSG Casing Panels

Fabrication Shop

Special Purpose Equipments

Components

Furniture Parts

Bright Bars and Coils

General Products

Raw Materials

4.13.1 INTERNAL INSULATION

Anchors
Anchoring System for ceramic fiber and castables for refractory
INSLTWIST Studs with Lock Washer
V And Y Anchors
Plain, Corgurated, UV Type, Corbel
Brick Holding Anchors
Module Anchors
Tyne, Pyro Block, Sabre Block, "Z Block Cero lock Ceremax
Industrial Ceramic Products for Anchors

4.13.2 HEX MESH AND ACCESSORIES

Hex Mesh
Hex Mesh Accessories
S Bars, Tab, V Tab

4.13.3 FIBRES
Wire Cut Fibers
Melt Extract Fibers

4.13.4 OTHERS
Chain Links
CS /SS
Stainless Steel Foils

4.13.5 EXTERNAL INSULATION ACCESSORIES

Stainless Steel Band
Wing Seals
POP Rivets
Toggle Clips
Breather Springs
Self-Tapping Screws
Wire Mesh
Welded Mesh
Pipe Supports
Expanded Metal Mesh
Perforated Sheets

4.13.6 BOILER PRODUCTS

Pre-Punched Boiler Liner Plates
SC/CS Studs & Nuts
SS/CS Plain Washers
SS/CS CPPED Washers
Ceramic Fiber Blankets
Weld

4.13.7 RAW MATERIALS

Plates
Sheets and Coils
Rods and Wires
Angles
Channels
Beams

4.13.8 COMPONENTS
PRESSED, TURNED, WIRE FORMED
BALSARA has the capability to produce all kinds of pressed, turned and wire formed
components, a specific team is dedicated to the design and development of dies, moulds,
tools and fixtures to assist in the manufacture of all kinds of components in the most
economical manner.
PRECISION TURNED COMPONENTS
BALSARA has a dedicated CNC machine centre which has the capability to produce all
kinds precision turned components, with a specific focus on the automobile, heavy
vehicles and earth moving equipment industry.
COLD ROLL FORMED SECTIONS
Roofing Sheets & Accessories
Through Floor
Collecting Electrodes
Z Purlins
C Purlins
Crash Guards
Central Rail
Sole Bar
And various other sections to suit the customer requirements, both wide and
narrow, with a width range of 200 to 1250mm and a thickness range of 0.50mm to
10.00mm

STAINLESS STEEL ERW TUBES AND PIPES

-1/4 OD, 0.50mm thick to 4 OD, 4.00mm thick
NB, SCH 10 thick to 4NB, SCH 40 thick
In unpolished, bright polished, matt polished condition
In shapes round, square and rectangle
In grades 202, 304, 304L, 316, 316L, 321, 310
4.14 ORGANIZATION
Flat organization design is a commitment to seek for few or no levels of intervening
management between the staff and the management. In this way the company try to be an
adaptive, innovation-friendly organization, establishing an inspiring culture in order to
empower the whole team. They dont want that every individual is closely supervised by
many layers of management and that the company is centralized controlled by one person.
For this reason the management consists of several members, who are supplying engineering
services to customers as any other team member. This helps to stay closer to customers, to
know better the market needs and to respond faster to rapidly changing customer
requirements
The management team acts in general in coaching mode and changes to
management mode when the situation demands it. They emphasize entrepreneurial creativity
of all employees. They are committed to handle new ideas or internal and external problems
pragmatically, and to take related decisions fast. This combined with the results of their
innovation team allow us continue on their path and to improve day by day, without
forgetting their key values

5. SWOT ANALYSIS

SWOT analysis is a planning tool used in understanding the potentials for

development the problems, Challenges & the possibilities which are prerequisites for
effective planning in a business. SWOT is one of the management tools applied in the
planning scenario.

5.1 STRENGTH

Abundant resources of iron ore

Low cost and efficient labor force
Strong managerial capability
Strongly globalized industry and emerging global competitiveness
Modern new plants & modernized old plants
Strong DRI production base
Regionally dispersed merchant rolling mills

5.2 WEAKNESS

High cost of energy Higher duties and taxes

High cost of capital
Quality of coking coal
Labor laws
Slow statutory clearances for development of mines
Dependence on imports for steel manufacturing equipments & technology

5.3 OPPORTUNITIES

Huge Infrastructure demand

Rapid urbanization
Increasing demand for consumer durables
Untapped rural demand
Increasing interest of foreign steel producers in India..

5.4 THREATS

Slow growth in infrastructure development

Market fluctuations and China's export possibilities
Global economic slow down

6. CONCLUSION

The report on summer training held at BALSARA ENGINEERING PVT LMT,

GUMMUDIPOONDI contributes to understanding of different departmental functions and
their interface with each other. This also contributes towards achieving quality products with
positive impact on firms production capability. The key in achieving the production
performance is the combination of various departments such as HR, PRODUCTION,
PURCHASE, MARKETING, QUALITY MANAGEMENT department. Every department in
this company aims to promote team work and effective quality products. BALSARA
ENGINEERING PVT LTD, GUMMUDIPOONDI , will be strong in upcoming years as
numerous scope and demand for various product which are needed in developed countries
and Government opportunity to offer various opportunities and subsidiaries to the
entrepreneurs in India. This summer training has also helped to gain prudent practical
knowledge along with managerial skills which could be applied in the future by the trainee
either in work place or as an emerging entrepreneur.