Project Reports

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A

PROJECT REPORT
ON

“BUDGET”
AT
HINDUSTHAN NATIONAL GALSS AND INDUSTRY LTD.

Submitted in the Partial Fulfillment of the Requirement for the Award of the Degree Of
Master of Business Administration

2009-2011

UNDERGONE AT
DEPARMENT OF FINANCE
Submitted To: - Submitted By:- Hindusthan National Glass & Mukesh Kumar Industry Ltd. MBA, (Finance)
Virbhadra, Rishikesh MBA 3RD SEM. FOREWORD

In today’s highly competitive and rapidly changing environment, the companies need well-trained and skilled worker to survive. India is a very rich country in terms of resources, whether natural or technical but it very sad to state that India, till now, has not perfectly learnt how to deploy its manpower and its human resources for the betterment of its citizenry and business goal.

On the whole the condition of our nation is not as well as it should be the reason is that, we have a great quantity of people but unfortunately it is not well trained. The only was to pull out India from this condition is concerting the human resources of the country into human capital.

That’s why management education has become more popular and important as well but no education is complete without some practical knowledge. So to get the student familiar with the real life situation, a summer training of 7-8 weeks duration has been kept in the MBA course.

For my summer training, I chose the HINDUSTHAN NATIONAL GLASS &INDUSTRIES LTD. It is well established and renowned in its field and is serious about training its working and intend to make it understood that they really care for them.

CONTENTS
Acknowledgement
Preface
Research objective
Research methodology of the study
Experience During Summer Training
Introduction of HNGIL
HNG’s Vision
HNG’s Group profile
Board of Directors of the Company
Other Members
Important departments
Finance Department Chart
History
Diversified production capabilities
Hindusthan National Glass& industries Limited
Location Of The Company
Location & Organizational Set up of company
Salient Features of the Company:
Product Profile
Raw Material Used & Its Sources
Main Customers or Clients of the Company
Export-Import Policy
SWOT Analysis of the Company

HNG Policy:
Purchase Policy
Sales Policy
Company Quality Policies
Quality Assurance and Quality Control
ISO Awareness
Budget
Introduction
Meaning of budget
Meaning of budgeting
Meaning of budgetary control
Classification of budget
Objectives of budget
Process of budget
Advantages of budget
Limitation’s of budget
Data analysis of the company
1.Sales budget
2.Purchase budget
3.Material budget
4.Labor budget
5.Overheads budget

Findings
Suggestions
Conclusions
Recommendations
Bibliography

ACKNOWLEDGEMENT

Any job in this world, however trivial or tough cannot be accomplished without the assistance of other. I would hereby take the opportunity to express my indebtedness to people who have helped me to accomplish this task. I take this opportunity to place on my grateful thanks and sincere gratitude to the organization HINDUSTHAN NATIONAL GLASS & INDUSTRIES LIMITED for providing me a wonderful chance of working in a prestigious company. First of all I would like to thank Shri. S.S.KANDARI

Who helped me in this project, which not only increased my awareness about the latest fields but also helped to increase my confidence level. I humbly acknowledge affectionate guidance and constant encouragement for my training, which I received from S.S.KANDARI.

Last but not the least I am indeed much grateful to all faculty member’s , librarians and all other staff of my...
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