1.1. INTRODUCTION TO TRAINING:
The training is the first step for perfection. Training improves knowledge, Attitude, and skill of trainee. Most of the training fulfills the knowledge where the persons lagging behind. The trainee must learn practical knowledge t solve the problems when they are working in the organization. The training gives the more ideas when they are more involving the work. The institution and organization have offered a wonderful opportunity to the student to learn during Summer training. This training assists the student to get better knowledge, ability, attitude, values and individuality. It also helps to breed ideas for solving the problem in the organization.
TVS is India’s largest Automotive component groups. TVS group was established in 1911. SFL is a part of TVS. SFL was established in 1966. SFL has 6 operating divisions: Autolec, Fasteners, Radiator Caps, Precision Forged parts, Hot Forged components, and Metal Form Division. SFL is the first Indian company to get ISO 9000 certification. It is a global customer base company. I have undergone my summer training in Autolec Division whose products are in the market since 1965.
1.2. OBJECTIVES OF THE STUDY:
The training has been done on the basis of the following objectives at Autolec division:
To obtain knowledge about autolec division @ sundaram fasteners limited.
To know the functions of various departments.
To gather knowledge about how theoretical aspects are applied in the practical life.
To get knowledge about manufacturing facilities available at Autolec division.
1.3. SCOPE OF THE STUDY:
This study is confined to study the marketing and financial area Of TVS SUNDARAM FASTENERS LIMITED @ AUTOLEC DIVISION.
1.4. METHODOLOGY OF THE TRAINING:
METHODOLOGY AND TOOLS:
This training has been done in a systematic way of interacting with the employees working within the organization.
Direct interview was conducted with employees and executives. It is more useful for the trainee.
TOOLS OF DATA COLLECTION:
Here the data collection can be divided into 2 ways, that is primary data and secondary data.
Primary data collection is done by interacting with the employees working within the organization and through direct observation.
Secondary data are collected from company’s websites, reports and libraries in an effective manner.
The trainee has collected all relevant information and used tables and charts for reporting the information.
1.5.. LIMITATIONS OF THE TRAINING:
Executives found hard to spend time as they are busy with their work.
Lack of time to learn more about TPM.
Due to short span of time the trainee could not meet all the departments.
Labour cooperation with the trainee is limited.
2.1. HISTORY OF THE COMPANY:
2.1.1. THE TVS GROUP:
The TVS group includes 33 companies
Their Sales is around US$ 3 billion.
They have diversified their business into 2 wheelers, computer peripherals and electronics.
They have made alliances with world leaders.
They have their ‘TVS’ brand equity
They have quality, Service, Reliability & Ethics as their guiding principles.
2.1.2. SUNDARAM FASTENERS LIMITED:
SFL was established in 1966
They have 6 operating divisions : Autolec, Fasteners, Radiator Caps, Hot Forged Components and Kramlington Forge (UK). In 2005-06 their Sales is around Rs.12 Billion (US$ 240 million). and their International...