Hmt Project Report

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  • Topic: Numerical control, Milling machine, Machine tool
  • Pages : 49 (10326 words )
  • Download(s) : 1313
  • Published : September 1, 2010
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CONTENTS

SLNO
1

TITLE
INDUSTRY PROFILE

Pg no

7

2

COMPANY PROFILE

12

3

ORGANISATIONAL STRUCTURE

20

4

PRODUCT PROFILE

26

5

FUNCTIONAL STRUCTURE

32

6

MICROSCOPIC STUDY OF FINANCE DEPARTMENT

56

7

SWOT ANALYSIS

70

M.P. Birla Institute Of Management

1

8

BIBLOGRAPHY

77

Industry profile

M.P. Birla Institute Of Management

Page 2

INDUSTRIAL PROFILE
An industrial which has undergone a radical shift in its paradigm thinking, the Indian machine tools industry is now recognized as a provider of cost- effective high quality lean manufacturing solutions. The industry resiliently supports all its users to enhance productivity as well as improve competitiveness, for the betterment of the customer. Being an integral sector, growth of the machine tool has an immense bearing on the entire economy, especially India‟s manufacturing industry and is even more crucial for development of the company‟s strategic segments such as defence, railways, space & atomic energy. World over too, industrialized advanced countries have created niches on the back of a well, indigenous machines tools have the highest impact on capital output ratios. Machines tools consumption of Rs. 100crores truly support the advancement of the country‟s engineering sector, output of which to be worth over Rs. 150000crores.

1.1

HISTORICAL BACKGROUND
Machine tools were manufactured as early as 1890, but were poor in quality and lacked

standardization. After 1930 machine tools of a reasonably good quality began to be produced in India principally by P N DATTA & COMPANY in Calcutta. Cooper engineering works at Satara & The Indian Machinery Company at Dasnagar near Calcutta. These enterprises, which were the pioneer of the machine tools making in India, Made mostly sliding, surfacing and screw cutting lathe of the head stock types. However all the enterprises suffered from the absence of the ready, Market for then products, mainly because of competition from established Manufactured in England. M.P. Birla Institute Of Management Page 3

The Outbreak of the 2nd world war India became the main base of supply & production of the war materials for the British & the ally‟s army in the east. There was tool, although, import of machines tools continued on a reduced scale. Throughout 1936 & 1940 the situation became increasing more precarious. In 1941 the government of India passed the machine tools control over whose main object was to make an inventory of machine tools that could be obtained in India & Regulate & improve production so as to meet the needs of the ordinance factories & other war industries. The machines tools control laid the foundation of machine tool industry in India.

1.2

MANUFACTURING RANGE

The Indian machine tools industry manufactures almost the complete range of metal cutting & forming tools. Customized in nature, the products from the Indian basket comprise conventional machine tools as well as Computer Numerical Controlled machines (CNC). There are other variants offered by Indian manufactures too, including special purpose machines, Robotics, handling systems & TPM friendly machines & provide further value additions at lower & lower cost to meet specific requirements of users. Based on perception of the current trends and demands, CNC segment could be the driver of growth for the machine tool industry in India.

1.3

CURRENT TRENDS
A slowdown in the Indian company since mid-1999 had its fallout on prospects of

Indian machine tool manufactures. The Indian machine tools industry is facing lack of adequate business opportunities that has stemmed from sluggish in the home market of all user industries.

1.4

EXPORT PERFORMANCE
In the view of an imminent slowdown in the Indian economy, most Indian machine tool manufacturers focused on potential overseas marketers for business opportunities.

M.P. Birla Institute Of Management

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