1.

1 History
1.2 About Company
1.3 Infrastructure
1.4 Company at glance
1.5 Mission
1.6 Vision
1.7 Values
1.8 Commitment
1.9 Award
1.10 Promotor
1.11 Bankers
1.12 Management group
1.13 Organization chart
1.14 Location chart
1.15 Lay out chart
1.16 Contribution of the unit to the industry





















1.1 HISTORY & DEVELOPMENT OF THE COMPANY

ARIHANT PUMPS PVT.LTD., PALANPUR. is major manuIacturer and exporter in India oIIering
complete range oI submersible pumps and motor are product oI ARIHANT PUMPS PVT.LTD.,
PALANPUR. these company in 1992 a team oI director, with expertise in every aspect oI business
decided to commence manuIacturing oI submersibal pumps and motor .
To provide global, customised, water-management solutions. Under varied cultural inIluences and
enviornmental conditions. To Iurther establish the Aroma Stamp oI Quality.The company aim oI the we
do not want to be the biggest-just the best

From a small workshop in 1988, tending to repairs only, today, the Arihant pumps Group is a multi-
product, multi-Iunctional outIit spread over 2,30,000 sq.m. We are one oI the largest manuIacturing
units Ior agricultural, domestic, industrial and process pumps; wires & cables; PVC pipes; switch gears;
OFC copper rod.

A one-stop-shop Ior Water Management System, with a wide range oI products to choose Irom.

As our reputation grew, so did the demand Ior our products and services. And today, we have
established a global presence.

Mr.K.N. Shah the pioneer oI ' ARIHANT PUMPS PVT.LTD., PALANPUR started his business
career as an entrepreneur with a small garment shop his native place in meta village near palanpur in
1975 in 1981 he scatted the business oI repair & and maintained shop submersible pumps in palanpur.

In 1992 Iirst manuIacturing unit was establishment by Mr. K.N.Shah at that time he used to purchase
ready made kit assemble it and sell to local customer at that time player in the industry were KSB,
VARUNA, AMRUT & TEXMO.
The companies costly strives to their user what they want what they need which is why the department
oI the company are always busy thinking about satisIying the customers company head oIIice is at
Palanpur Gujarat India beside a wide network braches C&F agent distribution dealer and seals are
spread over.

In 1997-98 Mr. Deepak shah established ankur Ioundry and 'Neelkamal cables Pvt.Ltd.,Palanpur
cable ltd unit manuIacturing winding wire in 1998 he started Duke Plasto technique and aroma swich
gear and in the Iollowing year started prime press matics Ior manuIacturing Iuses.

India 2/3 population 66 is department in agriculture is mainly depent on rain water now rapid
changing oI modernization is also experienced in ruler India village s are now day becoming its ground
wear .A good portion oII electricity used in agriculture in India this level is increasing more than 60
core are occupying 14.20 lakes hectored oI land.

Modern agriculture is demanding highly sophisticated equipment and technology. This history oI
Arihant pump Pvt. Ltd. (APPL) APPLS History date back to 1968 it was Iounded in Irom oI small
submersible pumps repairing work shop. It start up Ior caering load need at that it name in 1982 kishan
pumps was renamed as ~ARIHANT PUMPS PVT.LTD.,PALANPUR.

As distinguished manuIacturing oI high qulity submersible pumps. Todat company has sound
Iinancial position power Iull management skill and mitivation staII. It is production capacity producing
pumps sets per day company is square to 41000 sq . It land area


1.2 ABOUT COMPANY
Water is precious to all oI them, and Iinding sustainable solutions to the water management challenges
oI our changing world cannot wait. since 1988, we are AROMA are committed to being an emerging
leader in water management solutions. Thus are ARIHANT PUMPS PVT.LTD.,PALANPUR they
help change millions oI lives Ior the better, through providing access to water management solutions.
they have a leading portIolio oI agricultural, domestic & industrial process pumps, wires & cables,
pipes & pipe Iittings, switch gears & control panels, OFC copper & PVC compounds that augments
water management solutions across a broad range oI areas.

1.3 INFRASTRUCTURE

ARIHANT PUMPS PVT.LTD.,PALANPUR wide range oI cutting-edge products, systems and services
help our customers increase productivity in their plants and processes, again and again.
Added to our installed equipment base, Aroma is continuiously developing the latest technologies that
will secure the highest productivity Ior our customers.
In this brave new business world, only the eIIicient, the competitive and the productive will survive. To
improve productivity & eIIiciency and to stay competitive we have state-oI-the-art production Iacilities
Fully-automatic OFC copper rod manuIacturing plant (oxygen content 10 ppm) High-speed
progressive press-line along with Iully-automatic de-carb annealing plant Ior electrical stamping. Fully-
automatic winding line Ior submersible and domestic motors.
Fully-automatic shaIt manuIacturing plant.

1.4 COMPANY AT GLANCE

Name : ARIHNT PUMPS PVT. LTD., PALANPUR.

Establish year : 1982

Owner : Mr.K.N.shah

Auditer manubhai & company ahmedabad

Production unit location : ARIHANT PUMPS PVT.LTD., PALANPUR.

Advertisement agency : T.V News paper , Wallpaint

Size of the unit : medium large

Form of the organization private Limited company

Manufacturing process All type oI submersibl pumps and motors

Product manufactured submersible pumps and motor

Time keeping system minimum 8 hours or manual register

Bankers Bank oI India
HDFC Bank
orkers 200

Benefit given bonus

Name & address Arihant Pumps Pvt.Ltd., Palanpur
Regd.oII.Near Ladbi Nala,
Deesa Highway,
Palanpur-385001
(Noth Gujarat)India
Phone02742 -250520 / 21/ 22
Fax02742 250523
Corp. Off.
B/1 & 2, Ashirwad Estate, Nr. New Fruit Market, Naroda Road,
Ahmedabad ( Gujarat ) India
TeleIax 9099081918, 079 - 22200495










1.5 VISION

To ensure that w4e deliver the value to our customers, we are Iocused on continually improving the
way we do business; on operating with transparency in everything we do; and on listening to the
views oI all oI the people involved in water management solutions. We know that we can best
ensure that people everywhere have access to innovative technology and quality water management
solutions through working in partnership with everyone involved in water management solutions

1.6 MISSION

They have a challenging and inspiring mission To improve the quality oI water management
solutions. This mission gives us the purpose to develop innovative products that help millions oI
people around the wo


1.7 VALUES

The values oI the AROMA Group summarize what we stand Ior and what we Iocuse in.Corporate
Culture, Business Principles, Quality and Environmental Care are the corporate values oI the
AROMA Group, each reIlected in how we develop our products, how we act in society, and how we
approach our customers and employees

1.8 COMMITEMENT

As such, They are committed to upholding the highest ethical standards in everything Irom research
and deveopment to sales and marketing. they are Iocused on nurturing a workplace oI deversity and
inclusion Ior our colleagues, maintaining a customer-centered approach to out business, and giving
back to the communities where we work and live. And They are dedicated to making continual
progress in innovation by investing our resources wisely and engaging collaboratively with our
customers

1.9 PROMOTOR

Mr. Kirtilal.N.shah (Chairman)

DIRECTOR

Mr.Deepak.k.shah (managing director)



FINANANCE DIRECTOR

Mr.Vinay.k.shah

1.10 BANKERS

Bank oI India
HDFC Bank

1.12 ORGANIZATION CHART

































Marketing
department
Marketing
executive
Mr.K.N.Shah (CHAIRMAN)
Mr.Deepak. K.Shah
(Managing Director)
Mr.vinay Shah
(Finance director)
Mr.Nilesh
J.Raval
(H.R.Manager)
Mr. Husain Bhai
(General Manager)
Marketing
executve
Mr.Rajkumar .M
(Finance Manager)
Purchase OIIicer
Purchase StaII
Purchase & inspection
incharge
Super visor
Work StaII

1.13 LOCATION CHART





PALANPUR
CITY



A
R
O
M
A

C
I
R AHMEDABAD HIGHAY
C
L
E

D
E
E
S
A

H
I
G
H

A
Y

















ABU HIGHAY
A
R
O
M
A

1.14 LAY OUT CHART












D P
O U
M M
E P
S S
T S
I E
O C
T
I
O
N
PRODUCTION
DEPARTMENT
RESEARCH &
DEVELOPMENT
DEPARTMENT
STORAGE
DEPARTMENT
WINDING
SECTION
PACKING & COLORING
SECTION
PUMP
SECTION
FINANCE
DEP
MD
CHAMBR
W S
O H
R O
K P
HR
DEP
PARKING
CANTEEN
MAIN GATE
MARKETING
DEPARTMENT
SALES &
DISTRIBUTION
DEPARTMENT

1.15 CONTRIBUTION OF THE UNIT TO THE INDUSTRY


Now a days a contribution oI an industry becoming very important into industrialization. The Arihant
Pumps Pvt. Ltd.,Palanpur is done progress very eIIectively the company is having number one in
the production oI submersible pump and motor in Gujarat . The unit is producing quality products &
also creates good market Ior its products. The selling oI the product is increasing day by day.

Arihant Pumps Pvt. Ltd.,Palanpur contribution greatly to the industry. This unit has good proIit &
remarkable turnover in present condition. On the base oI present situation, we can assume that the
Iuture oI unit is quite good . In Iuture, the contribution oI this unit will be eIIective in industry.



















































































2.1 Introduction
2.2 Pump process chart
2.3 Motor process chart
2.4 products
2.5 Manufacturing process & product
2.6 Production manufacturing process
2.7 Production process
2.8 Type of row material
2.9 Test & dispatch






























2.1 INTRODUCTION

The Production process is the heart and blood oI an Industry. Production department plays an
important role in manuIacturing oI the production.

ARIHANT PUMPS PVT. LTD.,PALANPUR has drawn on the worlds leading technologies
and systems Ior its various production culmination oI enterprise and initiative, resourceIulness and
resolve, technology at AROMA HIGH TECH LTD., PALANPUR common vision Ior continuous
growth. ARIHANT PUMPS PVT LTD.,PALANPUR has always shown a dedication to standards oI
production and environment saIeguards, qualiIied research acumen, and 100 capacity utilization Ior
more than two decades.


























2.2 PUMP PROCESS CHART


PUMP SHAFT


PUMP KEY


NUT


NRV



ADAPTER


BOWL


IP


IMPELLER


PUMP SLEEVE


D.O.L


PUMP COUPLE



TOP NUT



BOWL BUSH



IP BUSH


STUD NUT


2.3 MOTOR PROCESS CHART




MOTOR COUPLE


SAND GUARD


ADEPTER


UPER HOUSING


STATOR


LOWER HOUSING


MOTOR BASE


THRUST BERING


O`RING



NUT



T-BOLT





MOTOR ROTOUR



ROTOR SLEEVE




WINDING WIRE


WINDING CAP


CABLE










































2.4 PRODUCTS

SUBMERSIBLE PUMP SET 1ET PUMP



STAINLESS STEEL MOTOR














SUBMERSIBLE PUMP

Submersible pumps are halI open impeller centriIugal designed Ior automatic
And non automatic use , the impeller mounted on the end oI the drive shaIt consists oI a rear disk and
blads
Which are enclosed by the pump body cover Iluid enters the routing blade channel via the solution
strainer, which Iorms the support base Ior the pump hear the Iluid
Moves radilly Irom the centre outwards acquiring energy in the Iorm oI the pressure
And increased speed when it leaves the impeller , the Iluid is conved towards the volute, here part oI the
kinetic energy is transIormed into pressure energy and the Iluid leaves the pump via the side opening

MOTOR

Stainless steel Motor

Washing and Sprinking
T.E.F.C. continuous duty,
Insulation class F,IP55,
Single phase, 220V,50Hz, 2800 RPM
Three phase, 380V, 50Hz, 2800 RPM,
Over load protection are available upon request

Stainless Steel 1ET Pumps-B1Z

PERFORMANCE RANGE

Head up to 46m
Flow up to 65m /min (3.9m 3/h)
Power 0.5 to 1 Hp (0.37 to 0.75 kw)


OPERETING LIMIT

Liquid Temperature 5 to 60 cent degree
Ambient Temperature up to 40 cent degree
Max. working pressure 6bar

Technical Features

Application

Those series pumps are suitable Ior the application oI water supply, car washing tank emptying
gardening Iountains and small irrigation

Motor

2-pole induction motor ,
Aluminium alloy moto case,
Single phase with thermal protector,
Class F or B,
Protection IP 54,
Continuous duty

2.5 MANUFACTURING PROCESS & PRODUCTS

Production basic activities oI all company units all other active revolves. Around this
activities the end product oI the production activity is the nothing but the step conversion oI one Irom
material in to another either mchemically this is done in Iactories whis house
manuIacturing process the basic input oI the production process are men material pant services and
methods



Production profile

People satisIy there need and want through production anything that can be ooIered to satisIy
a need or want is called production the product is an also something which is made in a Iactory in short
production the some total oI physical & psychological beneIits.

A product can the classiIied it`s various characteristics like durability tangibility and use.

A product according to non-durable and durable basis oI use it can be classiIied in to consumer
good and industrial good






























1) ELECTRONIC SUBMERSIBLE MOTOR

electronic submersible motor is used Ior during water Irom underground the company
product in we angle with highest with horsepower in its kind manuIacturer under brand name oI
'AROMA.



FEATURE


High eIIiciency low power consumption
Stainless steel motor body
Noiseless oration
Easily rewired able due to PVC wire
Water lubricated bi metal bering buses.
World class pump design giving high discharge





APPLICATION

The other application is industrial plant drinking water supply high presser
washing Iire Iighting landscaping & containing















2) SUBMERSIBLE PUMP SETS

Used Ioe liIting under ground water apples production this product in various model they are
turbo 4,6,8 when the ground water goes deeoer and deeper requriment Ior a more powerIul head aries
the vertical turbine pumps AAPL is able replace even laborious hand pumps











FEATURE



Unique pump design Ior 4, 6, ', 10, bore wells with wide range right solution
the customer requirement
Lake prooI stainless steel jacked 4 pump
Radial Ilow pumps with out threaded joint and with shall move casting
Mixed Ilow pumps with out treaded joint and with stainless steel Iaseners




APPLICATION

Irrigation
Open drip sprinkler garding seed and nurseries
Drinking water supply
Demisting and community bungalows housing housing complex
High presser washing
Industrial plant
Water cooling system and conditioning system
Fire Iighting
Land scaling

3) 1ET PUMPS


Demisting pumps are generally in house Ior transportation water car washing gardening APPL is
Iirst company to lunch stainless steel demisting pumps are manuIacturing in legend series the
production oIIered by the company can be classiIied on the base durability AAPL produces product as
the product are durable ones they survive many uses require more personnel selling command a higher
margin and more seller guarantee iI we see on basic then the product can be classiIied as consumer
durable good









FEATURE


smooth rung even low voltage
silent running
easy to use


APPLICATION

Easy gardening, car washing
LiIting oI water total water solution











2.6 PRODUCTION/ MANUFACTURING PROCESS


Production process starts with workshop process the material needed in workshop are taken Irom
stores department the good are require by Iiling accusation slip the material Irom store Iirst goes to
press the press give up to hundread tones pressures company has 7 press machine then the necessary
parts are joined with each other and sent to machining process in this process they are given Iinished
shop and design according to drawing oI design and engineering department company has 24 lakh
machine Ior this process aIter the machine is over they are inspected by the worker oI workshop Iinal
inspect and go Ior varnished ends and good go Ior coated good are visually inspectand go Iar varnished
good are inspected and gives sticker oI Irailness the good part with sticker go Ior Iurther process.


These good next go Ior Iitting department here Iirst oI all good are inspected and then they are
assembler the assembling set is called vertical integration and that oI motor is horizontal




































2.7 PRODUCTION PROCESS





















PRESSING


WELDING


MACHING


WORKSH
OP

FINAL
VARNISH COTING
VISUL INSPECTION
STRIKER PROCESS
FITTING SETION
FITTING ASSEMBLY
INSPECTION INSPECTION
FINAL TESTING &
INSPECTION
COLOUR
PACKING
DIS PATCH
ROW MATERIAL
PRODUCTION
INCOMING
MATERIAL
INSPECTION
STORE

2.8 TYPE OF RA MATERIAL


ROTORE


Incoming inspection oI the material received.

Press the rotor or stack speciIication.

Press the rotor bearing sleeves.

Brazing oI the end ring short the bars with end rings.

Turing oI copper ring balance ring step oI motor.

Fix the balance ring by shrink by shrink Iit.

Final tuning oI motor.

Girding on rotor to greed 63 oI is 11723.

Epoxy power coating by electronic charging .

Assembly.


























STATORE



Incoming inspection oI the material received

Pipe welding using the Iiture

Pass sizing pin in the tube proper shape

Face pips ends to the weld the stator ends.

Tuning oI stators ends using turning Iixtures.

Filling oI by stator and and clean the metal dust.

Varnishing by vacuum impregnations.

Back the statures to cure the varnish.

BuIIing oI the body in case iI the stators body is oI as.

Winding.

Incoming inspection oI the received.

Warp coin as per design date.

Dip the coin water tank Ior 4hr take it and hive test.

Put the slot paper n the stature wind it make suitable cable joint.




















MOTOR


Incoming inspection oI the material received.

Apply epoxy coat on all co part oI the surIace Iacing inside oI the motor.

Assemble upper side oI the motor.

Insert rotor in to state.

Fix lower housing trust plant & lock with cir clip.

Measure the deep oI to inside the motor base clearance.

Fix the motor base set ring on studs washer and nuts at last.

Extension run out and Iace out.

Testing































PUMPS

Incoming inspection oI the row material received.

Check pumps shaIt Iir tightness.

Balance impeller to grade 6.3 oI is 11723.

Fix water ring in bowls and suction casting using Iixture.

Press and be burnish bush in bowl & suction casting.

Fix stud to bowl and knew body.

Assemble the pump aIter complete assemble.

Premier coats the pumps & sends testing

2.9 TEST & DISPATCH


Place water drains plough at base and Iill water inside the motor.

Take routine test on motor as per procedures manul.

Take road test on motor as per procedure manual.

Take type test on motor as per procedure manual.

Take perIormance test coupled with pump as per procedure manual.

Paint the pump and motored to color speciIication.

Attach all accessories and name plant etc.

Paching oI pumps and motor.

Send the pump set inspection to transport destination invoice etc.

5.1 Introduction
5.2 Capacity
5.3 Competence
5.4 Recruitment
5.5 Recruitment process
5.6 Organization structure
5.7 Selection
5.8 Training & development
5.9 Promotion & transfer
5.10 Remuneration
5.11 Trade unions
5.12 Safety & health
5.13 Performance appraisal system
5.14 Personnel record
5.15 Compensation & wages
5.16 1ob description
5.17 Managerial level
5.18 Extra benefits
5.19 Competitors
5.20 Provident fund & gratuity































5.1 INTRODUCTION


HRM is Iunction that helps recruit select train and develop member every individual ahs its own
capacity and competence
HR department is one oI the most vital department in any organization .no business enterprise can
exist & Iunction without employees. The success oI the business enterprise depends to a large extent
on the quality oI its personal the plan oI the business may be logically sound & structure oI the
organization may be perIect but iI the recruitment & training oI personnel are business can not grow.
The growth oI the business depends mainly on the willingness &ability oI its employees.


Personnel management is the par oI the process oI management which is specially concerned with the
people employed in the organization. Personnel management is the art oI acquiring development and
maintainng a competent workIorce in a such manner that help us in accomplishment oI a maximum
eIIicincy and objective oI the organization.
Today in a computer world human power is to be encouraged by giving training development
programme welIare activities e



5.2 CAPACITY


Capacity manse the potential oI individual to handle inceasingly higher level oI complexity and
uncertainty


Capacity used Ior leadership development.
Capacity tells you low Iar you can go.
Capacity tells you how Iar you can go.
Capacity related means leant ability it is castle knowledge skill and
attitude
Competence is memorable and traninable.It can be development.


5.3 COMPETENCE

Competence means leant ability it is caste knowledge skill attitude competence is
memorable and trainable.

It can be development compete related with training oI employee it can be development.









5.4 RECRUITMENT


Recruitment is process oI Iinding and cable application Ior employment the process being when new
recruitment are sought and when there application is submitted the result is a poll oI application Irom
which new employees are deIlected


When recruitment oI any candidate is aeries then recruitment process is start recruitment process in
aroma high tech ltd is as under.



5.5 RECRUITMENT PROCESS

1. PLANNING OF PERSONNEL

BeIore recruitment the candidate every organization must estimate no oI employee that
would be require aroma do some thing they Iirst they Iirst prepare list oI required employees Ior
diIIerent they used in the managing tables oI record this type oI data in managing table each job is
listed along with the no available talent indicate how employee recruitment.



2 EMPLOYMENT REQUISITE


Filing up employment every head oI department where the vacancies arise they clearly indicate
job and requirement I an employee to Iill up particular job the requisition should be selection be
responsible oIIicer should have compared with personnel well in advance.




3 CONTRCT ITH LABOR SUPPLY


AIter above procedure is Iinished personnel manager contact with source oI laborer supply Irom which
is IulIilled in aroma high tech oI recruitment is as under.












A) DIRECT METHOD


1. promotion transIer with in organization
2. advance in newspaper,
3. witting list oI Iarmer employees.



B)INDIRECT METHOD


1.Contract with proIessional Contrct to supply require
2.Employment exchange
School and technical institute




































5.6 ORGANIZATION STRUCTURE OF HR DEPARTMENT
















MANAGING
DIRECTOR
PERSONNEL MGR
RECRUITMENT &
SELECTION
TRAINING &
DEVELOPMENT
WAGES & SALARY
ADMINISTRATION
INDUSTRIAL
RELATION
LABOUR
WELFARE
CHAIRMAN

5.7 SELECTION


When proIessor oI recruitment is over AROMA HIGH TECH LTD.,PALANPUR take step to the
selection procedure Ior the selection oI candidate Ioe a job (skilled employee)

' Selection process is the concerned with choosing the best candidate among the best , means
choosing candidate Irom the &potential candidate.

The objective oI selection process is to determine whether the applicant meets the speciIic job & to
choose the applicant who is most likely to perIorm well job.


ARIHANT PUMPS PVT LTD.,PALANPUR has the Iollowing selection process

To select the best applicant & send the call letter
Then take interviews oI that applicant Ior testing their knowledge Ior the required work.
To check the background oI the applicant
Physical examination oI the selected applicant in which the company check physical ability
oI the candidates.
At last who have passed all the above procedure is selected in the company (Iinal selection).



















RECEPTION OF
APPLICATION
PRELIMINARY INTERVIEW
WRITTEN TEST
APPLICATION BLANK
PERSONNEL
INTERVIEW
SELECTION
PHYSICAL
EXAM
PLACEMANT

1. RECEPTION OF APPLICATION

Reception oI application department all the data is a arranged Ior current vacancies completion oI
application Irom also arrange schedule Ior interview etc.


2.PRELIMINARY INTERVIE


The identiIy the personnel who are an suitable Ior the job iI a candidate Iound to be suitable at
this stage application bank is given him to Iill and return.

3.APPLICATION BLANK


The application blank is asked to complete a blank that provide space Ior him to record data
relating to candidate.



1. Name oI candidate
2. Address
3. QualiIication
4. Birth Date
5. Father Name
6. Interest and hobbies oI candidate





Aroma high tech ltd., palanpur tried to collect about candidate use Iully to them and candidate
Iound suitable calling Ior written test



2. RITEN TEST

Question asked related to subject are past general knowledge etc candidate who success Iully
passed written test calling Ior personnel interview











5.PERSONAL INTERVIE


Committed asked question to the candidate and tired best to check knowledge skill attitude
oI candidate Irom above stop they decided whether candidate is suitable Ior job or not.


6.SELECTION



Candidate who success Iully comes out Irom all processes selected Ior job


7. PHISICAL EAMINATION


All the selected candidate sent the Iactory physical Ior him check up diIIerent job require types
capacity.


8.PLACEMENTY


Selection process is complete aIter pale cement oI employee .he is introducing to his supervisor
and his work place etc.

























5.8 TRAINING & DEVELOPMENT


Success candidate placed on the job need training to perIorm there eIIectively worker must be
trained to operate reduce scrap and avoided accident training is consist on going processes in any
organization.

Training is an act oI increasing & skill oI a worker Ior doing a certain job. In other words ,training is
an organized procedure by which people acqire knowledge or skill Ior a deIinite purpose.


According to Michael J. Judicious, 'Training is used to indicate any process by which aptitudes,
skills & abilities oI the employees to perIorm speciIic job are increased

In ARIHANT PUMPS PVT LTD.,PALANPUR there is not any special management development
programme providedto the higher level personnel



2 Training gives to worker


The position oI worker oI in organization is lower level. They contribute them part mainly in
production Iirst when worker is appoint induction training is given to them. When any machine is set up
turning is also given to them.


Aroma has also chance to Iind intelligent employee Irom organization group.



2.Turning of Supervisor


Traning given to supervisor mainly Iocous on two aspect

1) Technical Expertise
2) Human relation


Supervisor technical turning relates to product and process involved planning and scheduling oI
work record time keeping etc.
In he 2005-06 aroma arrange training programmed Ior supervisor is listed here.
One programmer arrangr Ior supervisor development Ior three day included was as;







1
st
day

Organization needs goal & concept
Supervisory roles & responsibility
Dynamic oI leadership

2
st
day

Total quality mgt meaning & concept
Human relation at work
Team building

3
rd
day

Motivation
Human relation at work place
Communication at work place


This type oI programmer arrange Ior supervisor development




3.Training for Executive


Now a day trend is toward proIessional management assign the managerial job to
proIessionally trained person to copy up with this situation aroma high tech ltd also traines
executive.

General mgt programmer Ior executive included Iollowing topic.



Day 1

Change in business scenario
What is quality, quality mgt its application In manuIacturing services Ind.
Quality awareness Ior productivity proIit


Day 2


Cost oI qulity economic value addition
Understanding variation linking with quality
Application oI speed statically process
Control
Red beads experiment

Day 3


Important oI improvement
Problems solving skill
Design making skill
Transaction
Analysis



Day 4


Imotantance oI communication and communication process
Marketing the eIIective presentation



Day 5


Managerial eIIectiveness
Basic oI Iinance costing
Managing meetings
Stress mgt & art relaxation
Appreciation oI project
Moving toward organization go



3. Training of Project


When aroma high tech ltd is doing special project training is given to all employee oI
organization & new employee has selected training is also given to him.















5.9 PROMOTION AND TRANSFER

Promotion

Promotion reIers to an improvement in pay prestige position and responsibility oI an employee with in
his or her organization
Promotion is based on the seniority experience and there working talent on bases oI experience is
promoted to the next level oI hierarchy.
Promotion means advancement in job & increase in authority, responsibility and pay scale oI an
employee.most organization promotes their employees either on the basis oI their seniority or on the
basis oI their merits.

Transfer

TransIer reIer to the change oI job within an organization to the same position in another
department Ior the Iollowing purpose


To satisIy the needs oI the organization
To utilize properly service oI an employee
To Iill up existing vancy
To increase versatility oI an employee
To meet an employee own interest


ARIHANT PUMPS PVT LTD., PALANPUR is given transIer rarely to the workers

























5.10 REMUNERATION

Remuneration is the compensation an employee received in return in return oI his/her
contribution to the organization to the organization the components oI remuneration are wages
salaries incentives Iringe beneIit perquisites and non monetary beneIits.

The wages structure oI aroma constitutes oI basis TA & DA and reimbursable allowance like
medical allowance education allowance and special allowances.
Salary administration reIers to the establishment & implementation oI sound policy & practices oI
employee compensation. There are various Iactor, which may inIluence the process Iixation oI wage
worker.

ARIHANT PUMPS PVT LTD., PALANPUR has a sound & satisIactory wage & salary structure.
The company pays salary to the employee a per their skill. The company pays better salary than its
competitors Ior attracting qualiIied & employee.

In case oI labourer the company pay wage according to their attendance. Workers with good skill will
be given higher wages in the company . employees are satisIied with their wage & they are getting it
regularlay. In ARIHANT PUMPS PVT. LTD., PALANPUR they provide diIIerent wages to
diIIerent employees.


5.11 TRADE UNIONS

Trade unions are voluntary oI worker to promote and protect their interest through collective active
active the reason Ior unionization could be dissatisIaction lack oI power and union instrumentality.

Trade is no trade union in aroma all workrs to gather to satisIy individual.


5.12 SAFETY AND HEALTH

SaIety reIer to the Ireedom Irom the risk oI journey or loss the saIety programmer at aroma deals
with the prevention oI accident and with minimization the resulting loss and damage to persons and
property Ior the purpose oI saIety health aroma provide various Iaculties such as sophisticated
dressing Iire extinguishers medical Iacility etc aroma is going to moderize the production plant to
production and saIety.














5.13 PERFORMANCE APPRAISAL SYSTEM

PerIormance appraisal reIers to the Iormal structured system oI measuring & evaluating an
employee`s job related behavior, personality & contribution.

It is systematic & periodic evaluation or appraisal oI the relatives worth to the company, oI
a man`s service on his job. The main purpose oI perIormance appraisal is to provide systematic
judgment to the company Ior increase, transIer, demotion or termination & promotion oI an employee.

ARIHANT PUMPS PVT. LTD., PALANPUR involves the six months perIormance appraisal
system. In this system they check the perIormance oI the employee during the six months iI the
perIormance oI any employee is Iound to be poor, they can dismiss him Irom the job.




5.14 PERSONNEL RECORDS


1) Name with surname
2) Address
3) Religion
4) Designation
5) Educational qualiIication
6) InIormation about Iamily
7) Marital status
8) Type oI work










5.15 COMPANSATION AND AGES

Arihant Pumps Pvt. Ltd.,Palanpur is provide good welIare service to employees like wise they provide 94
Rs. Wages aster government rule to the worker they also provide good bonus according to 8.33to
20per company policy.

5.16 1OB DESCRIPTION

Job description is an important document which is basically descriptive in nature and contains a
statement oI job analysis. It serves to identiIy a job Ior consideration by other job analysts. It tells us
what should be done, and why it should be done, and where it should be perIormed.

ARIHANT PUMPS PVT.LTD., PALANPUR started the job analysis and evolution initiative across all the
businesses with an objective oI creating clear documentation oI roles and responsibilities, to help to
clariIy accountabilities and expectation Irom the jobs. And also Iacilities goal setting and perIormance
measurement oI all managerial personnel.

THE CONTENTS OF 1OB DESCRIPTION:

B) In ARIHANT PUMPS PVT. LTD.,PALANPUR has the job description normally contains the
inIormation on the Iollowing lines.

Job title.
Organizational location oI the job.
Supervision given and received.
Materials, tools, machinery and equipment worked with.
Designation oI the immediate superiors and subordinates.
Salary levels- pay, D.A. other allowances, bonus, incentive wage, method oI payment,
hours oI wor
Condition oI work- location, time, speed oI work, accuracy, health hazards, accident
hazards.
Training and development Iacilities.
Promotional chances and channels.
Discussions with department head and out side experts.
5.17 MANAGERIAL LEVEL:


Those personnel that selected at this level are being made well converse with their
Nature oI job
Duties and responsibilities
Job summary
Position and status
Working conditions


5.18 EXTRA BENEFITS

They also provide compensation to diIIerent employee APPL also organize tour in diwali
vacation and summer vacation Ior motivation purpose.

APPL also motivation their employee extra beneIited like wise bonus dividend and
insurance.

The charge oI canteen is also beneIicial Ior companies employee because its only 50
Ior company employee.




5.19 COMPETITOR

O KSB pump
O CRI pumps
O VARUNA pumps
O UNNTI pumps















K S B PUMPS



Strength -:

Very good quality & brand image since long back.
Good perIormer in v/4 pump set
Nearly are used in v/6 pump set particular Ior low voltage
Low voltage motor has been develop specially Ior some region oI the country as in
Karnataka.




eakness-:

High price compare to market.
Problem in aIter sales services.
No replacement guarantee.




TEXEMO INDUSTRY


Strength -:


A strong dealer network,
Advertisement in proper way and company it selI does advertisement,
Very quick aIter sale service,
Wide production range,
Fully as model in pumps set with pumps,
Good perIormance in sub mono and block,
Systematic retail out let chain
Qualitative product
Good brand image since last 40 year
Good discharge in low voltage,


eakness-:

Poor aIter sells services,
High price compare to market
No advertisement due to use capacitor,
Market share going down due to local competition



CRI PUMPS




Strength -:

It has advantage oI complete range Irom jet pump composer to domestic , and sub pumps set they
have been doing very good advertisement since last two year by wall painting and hordin the company
has set up a big showroom in cities like madurai combater.



And they attract people by disply oI production in show room
Quality wise good,
Rates are comparative,
Qualities product,
Competitive price,
Sis impeller are used in,
Rate oI rejected is very low,



eakness-:

Policy oI CRI is no consistence with the market environment they appointment two or three
dealer in every district so dealer does not get suIIicient market.
























FUTURE PLANS OF AROMA



At present about 85 oI the total market is covered by unorganized sector Iast changing technological
aIter liberalization privatization globalization us gives warning bell to the un organized sector. This
sector is slowly and steadily going to Ieedback because it is will not be to compete with highly and well
quipped big Iishes oI the industry which are making road in Indian market Irom the entire world.


Sensing has coming scenario which is going emerge in 5 to 10 year aroma has started equipping it selI
with best possible technology in the world it is evident Irom its expansion plans at samakhiyali kutch
this unit is Iully atomized and the welding is done by which was earlier done but oil this may be the
major break through Ior aroma and ca put aroma in driving seat to gear as Iar as competition in India is
concord the production capacity oI under constitution plant is estimated as 3000 submersible pump per
day this Iully atomized plant at samakhiyali cist oI establishing the production unit is going to be only
40 corer Gujarat govt. has oIIer tax exemption Ior establishing business unit in earthquake.


Aroma is also testing the water abroad as the production oI this unit plane going to be very high export
oI production would be beneIits to the company Iurther proximity oI kandla port Iurther ads to the
advantage Ior the companies
























Time Keeping System


There are Two shiIt oI 12 (Twelve) hours.
8.00 a.m. to 8.00 p.m.
.

Number of Employee

There are total 90 workers in the plant.
30 skilled workers.
58 semi skilled and unskilled workers.
2 ladies workers.


Facility to Employee

Provident Iund
Medical Allowance
Bnus
Insurance



















5.20 PROVIDENT FUND & GRATUITY
















































3.1 Introduction
3.2 R & D facility
3.3 Product related work
3.4 New product development
3.5 aste recycling and recovery of products
3.6 Research methodology










































3.1 INTRODUCTION



ManuIacturing Iacilities include two well equipped plants that are (Hazardous Analytical Critical
Control Point) & ISO 90012000, certiIied, which are situated at Palanpur.

Production systems oI submersible pumps include quality control checks at all stages oI manuIacturing,
change control system, periodic internal quality audits, timely calibrated equipment & methods, and
continuous training & skill up gradation oI all personnel. The plant can handle high pressure & high
temperature reactions, and Ieatures the latest utility & waste handling systems.

COMMIT TO EXCELLENCE AND CONTINUAL IMPROVEMENT IN QUALITY OF
PRODUCTS, SERVICES AND SYSTEMS TO ENSURE.
Customer SatisIaction,
Conservation oI Energy and Natural Resources
They are taking care about the weight pump and motor
They are taking care about process system oI diIIerent type oI motor and pumps


















3.2 R&D FACILITIES
The R&D centre is equipped with modern sophisticated Iacilities and pilot plants. Some
oI the Iacilities are
Process Development testing
Analytical Methods Development testing department
Sophisticated Instrumentation Facilities
High Pressure reactor
Pilot plant Iacilities
Research\Technical Library.




























3.3 Product Related ork
Arihant pump Pvt.Ltd., Palanpur manuIacture major Raw Materials sleeve, sandguard, couple, distancer
on our own with speciIic Quality criteria to ensure that the manuIactured Irom it is as per highest
Quality Standards & enable to oIIer consistent quality.
All the products manuIactured by arihant pumps meet the regulatory requirement oI SpeciIication, also
it IulIill criteria.
Arihant pumps believes in continuous development by incorporating the latest technology to achieve
better quality.
The company has established well-equipped Quality Control Laboratory with latest sophisticated
instruments.
The team oI highly skilled personnel tests all the parameters and satisIies all the regulatory requirements
laid down. We check all the crucial Iactors like iron content, heavy metals etc. to guarantee international
standards oI quality and reliability.
Arihant pumps Irequently conduct tests, which ensures that all the pump & motor are pressure water
Irom arihant pump are 100 saIe Ior human consumption and as per international standards.


























3.4 New Product Development

The constant changing world always demands new pumps &motor thus arihant pump believes in
continuous innovation & development oI new model. From beginning arihant pump believes to satisIy
more and more customers by providing custom application according to their requirements and
technical inIormation.
Our highly qualiIied Personnel, keep alive our Lab by continuous research carried on to oIIer wide
range oI pump check to meet the customer requirement. Latest automated system is in operation Ior
mass production with best quality and competitive prices possible.


3.5 aste Recycling and Recovery of Products

From inception, arihant pump pvt.ltd., palanpur has laid emphasis on eco-Iriendly process
development Ior submersible pump & motor etc., with high yield scrap and minimum waste &
emission levels.
Systems Ior scrap recovery and incinerato (scrap) etc., help the company keep its impact on the high
pressure water in a borewell
The company is committed to developing and implementing the best manuIacturing technology, with
continual up gradations, to achieve 'zero impact' on the environment
Arihant pump has been accredited the prestigious ISO 90012000 certiIication in recognition oI its
environmentally conscious measures














3.6 RESEARCH METHODOLOGY



Research problem

First thing in research is research problem. It is very important step oI entire research problem. Entire
research is based on the proper problem Ior the research. It is very important task oI the researcher to
deIine the problem in proper way.
II I am talking about the Arihant pump pvt. ltd.,palanpur The company is suIIering Irom the big
problem oI absenteeism within the workers oI the company. So, we target this problem and conduct the
research on this problem. We also check the satisIaction level oI the worker oI the company with the
problem oI absenteeism.
Literature survey
I also did the literature survey, I also check the percentage oI absenteeism Irom their records. Also see
the satisIaction level oI the worker Irom research conducted by the company.
Research design
I Iollow the descriptive type oI research design.

Sampling design
I Iollow the QUOTA SAMPLING, because oI Iollowing reasons.
(1) my element selection technique is restricted sampling.
(2) my representation basis on non-probability sampling.
(3) sampling unit , employee oI the Arihant pumps Pvt. Ltd.,palanpur
(4) Sampling size 51 employees.

I Iollow quota sampling because, I select speciIic number oI workers Irom speciIic department.

Collection oI Data
I collect the data by the method oI personal interview. I personally meet the workers and Iill up the
questionnaires.

Hypothesis testing
I test our diIIerent hypothesis based on diIIerent question and also compare diIIerent question by the
CHI-SQUARE method oI statistics.

Interpretation
I also provide interpretation based on the testing oI the hypothesis as conclusion in each chi-square as
under.






















































4.1 Introduction
4.2 Structure
4.3 Responsibility & power

4.4 Marketing mix
4.5 Conduct policy
4.6 Pricing strategy
4.7 Advertising
4.8 Promotion policy
4.9 Quality policy
4.10 Achive the same
4.11 Distribution channel
4.12 Brand awareness
4.13 Product verities
4.14 Product quality
4.15 Design
4.16 Services


































4.1 INTRODUCTION



'Marketing is a social and managerial process by which individual and group obtain what they need and
want through creating and exchanging production and value with other while marketing management is
the analysis planning and exchanging product and value with other while marketing management is the
analysis planning implementation and control oI programme design to create built and maintain be Iicial
exchange with target buyers Ior the purposed oI achiving organization objective being a small company
the bottom oI marketing department structure theire immediate boss is sales manager but they can also
report to managing director directly the structure portrayed as bellow








































4.2 STRUCTURE OF MARKETING DEPARTMENT


























4.3 RESPONSIBILITIES AND POER OF MARKETING
DEPARTMENT
CHAIRMAN
MANAGING
DIRECTOR
OFFICE
ASSISTANCE
MARKETING
EXECUTIVE
PRODUCTION
MANAGER




Managing director

As a supreme authority oI AROMA the MD holds numerous power he is the Iinal decline making
authority Ior count responsibilities to be precise the power and responsibilities oI MD are as under.



Power and responsibilities of MD

Setting seals target Ior diIIerent dares territory
Salving disputes oI dealers like
One dealer is assuaging the market oI other dealer
Decline the percentage oI discount gives to dealer
Finalizing recruitment oI the persons in the diIIerent department
All other aspect oI the company


Sales manager

At AROMA sales manager is next to in the marketing department the responsibilities associated to his
post and power at his discretion are as under


Power and responsibilities of sales manager


Allocating ares to sales executives
Selecting
The dealer on the basis various survey in the related areas
To under marketing pans
Reporting to MD


Dispatch activites

Dispatch department is responsible Ior arranging dispatch distribution activities.

To arrange dispatch as per the order data
To receive order Irom the distribution
To inIorm marketing department about dispatches
To arrange Ior dispatch by receiving the order oI production department




Selection of channel members



Marketing executive has to pay role in selection oI channel member sphinx the occasion oI selection oI
any channel member arise marketing executive
Are consulted by sales manager to get the require inIormation in the next stage the application are invited
Irom the interested parties to become distribution or it many also happen that sales manager and
marketing executives convenes or similar kind oI business



Fixing the target of channel member

Aroma has well deIined its market appointed destructor in this market accordingly so deciding the target
is perIorm on the base oI potentiality oI each market to sell aroma product.
These potentialities are Iounded out by regular market survey and regular visited old sales personnel and
by marketing manager & marketing executives Irequent meeting with the destructors



Transportation of product

Arihant pumps pvt. Ltd.,Palanpur is responsible Ior distribution its products to distributing its product to
distributors the most preIerred transportation is road transportation at app. Company may hire truchs
carries and containers Ior this purpose similary it may also assign work to any ransportation agency the
areas which are cheaper and easier to access by rail are approached by rail.



How to transportation affects pricing

The level oI involvement oI use oI transportation decides which mode will be applicable. II level oI
distribution is wiling to make to take delivery oI at the workstation so apply palanpur no transportation
charges are as apply is a not responsible Ior any kind oI transportation
















4.4 MARKETING MIX


Marketing mix is asset oI marketing tools that the Iirm uses to puree its marketing objective in the target
market these tool ca be classiIied into Iour broad group shown in the Iigure bellow



Marketing mix

Product
Product varity
Quality
Design
Feature
Brand
Packaging
Sizes
Warranties
Returns
Price
List price
Discount
Allowance
Pay period
Credit term
Promotion
Sales promotion
Advertising
Sales Iorce
Pubic relation
Direct relation
Inventories
Transport
Direct marketing
Place
Channel
Coverage
Assortment
location











4.5 CONDUCT POLICY


For every business, planning oI the product is required. In simple words, product planning
decides the nature &other related aspects oI the articles produced & sold.
ARIHANT PUMPS PVT LTD., PALANPUR can do the planning oI the products. The company
sells the Iinished goods to the to transport and sold the rajasthan. II any change in the products, the
company suggest the arihant pvt.ltd.,palanpur Then aIter the company improves the product by using
new or by joined more employees on contract


4.6 PRICING STRATAGY

Pricing staragy oI aroma is carried out careIully by considering various Iactor the major determinates oI
aroma pricing are operational cost over head cost dealer magazine tax structure and respective return oI
aroma .
Aroma is also considering the competition in Iormulating their pricing strategy aroma is quick in
responding in competitor pricing strategy in many sates according to marketing executive oI aroma it is
said that competitors have less pricing then aroma in such station marketing executive oI respective area
submit the detail report to the managing director about the impact oI competitors pricing strategy to
demand oI aroma product in respective area managing director has the authority whether to decrease the
price or continue with the current arise oI aroma product and complete with competitors however in
many areas aroma pricing is below the competitor price.
Tex structure oI govt. is one oI the majored determinant which aIIect the pricing stratagyoI aroma
recently 4 excise duty levied by the govt. Has also aIIected pricing policy oI aroma as a result oI
which company has also increase the price oI its product


4.7 ADVERTISING

Arihant pumps pvt ltd., palanpur make the use oI various resource oI advertising . advertising is very
important Ior increasing sales oI the product aroma uses many sources Ior the advertising like
newspaper, bill board`s holding, internet ,local magazine, etc. aroma make advertising by many other
way also
















4.8 PROMOTION POLICY


'Sales promotion consists oI diverse collection oI incentive tolls, mostly short term, designed to
stimulate quicker & greater purchase oI particular products or services by consumers or the trade.
Sales promotion means to promote or increase sales. There are three types oI sales promotion.
1) Consumers promotion
2) Trade promotion
3) Business & sales Iorce promotion

Arihant pumps Pvt Ltd., Palanpur use trade promotion Ior selling its products. The company give
discounted giIts to the consumers. The company uses trade promotion stimulates sales & build a strong
relationship with their customers. 'Advertising is any paid Iorm oI none personnel communication to
promote ideas, goods or services by an identiIied sponsor.
The main purpose oI advertising is to give inIormation to the customers about the availability oI
new products in the market. In short advertising is paid Iorm oI publicity. Arihant pumps pvt
ltd.,Palanpur can give advertising by channel, wall painting, , T.V., Newspaper, etc.












4.9 QUALITY POLICY

Focus on the customers' needs Quality is an expression oI our goal to oIIer reliable products and
services. In all aspects oI our operations, Irom product development and production, to delivery and
customer support, the Iocus shall be on customers' needs and expectations.
Goal is to exceed their expectations. With a customer Iocus based on everyone's commitment and
participation, combined with a process culture, our aim is to be number one in customer satisIaction.
This is based on a culture in which all employees are responsive and aware oI what must be
accomplished to be the




4.10 TO ACHIVE THE SAME

1) They shall establish & sustain an eIIective quality management system.
2) They shall improve our perIormance by obtaining inputs Irom customers & our
business associates.













4.11 DISTRIBUTION CHANNEL






NOTE: AASSS Aroma Authorize Sales & Services Situation


Finished good product oI aroma high tech ltd is transported Irom manuIacturing unit oI the ahmedabad
warehouse Irom this warehouses.


Finished product is handed is over c&I agent particular region according to their demand and target c&I
distribute the product to this sell product to Iinal product










4.12 BRAND AARENESS OF FARMERS

PRODUCT AT (AHL)
C & F AGENT
AASSS
END USERS


BRANDS

PERCENTAGE
AROMA 24
UNNATI 12
LUBI 20
ASHIRAD 14
SABAR 10
1ESCO 10
OTHERS 24



























PRODUCT










4.13 Product verities

Arihant pumps pvt ltd., palanpur is producing three type oI electrical pumps-


Dome sting pumps
Submersible pumps
Electrical submersible pumps


The company also produces supplementary related to electric pumps which are as Iollow-


Aroma pipes
Aroma cables
Aroma switchgears
Aroma casing pipes
Aroma pvc pipes



4.14 Product quality


Quantity oI product is the most important Iactor Ior any company to be competent and survive in the
contemnor business at aroma quality check being survive in the contempory business environment at
aroma quality check being Irom the procurement oI row material raw material are checked Ior there
laid down quality speciIication at each and every stage oI production quality checking is carried out
when complete submersible pump is manuIactured it is tested Ior checking the virus Iutures
speciIication such as voltage testing




4.15 Design


Unique pump design 4 6 8 and 10 bore well with range gives right solution against
the customer requirement.
Leak prooI stainless still jacked 4 pump
Redial Ilow pumps without thread joint and either shall mould casting
Mixed Ilow pumps without threaded joins with stainless steel Iasteners




Features




High eIIiciency low power consumption.
Stailess steel motor body
Easily rewind able due to hr pvc wire
Noise less operation bi metal beiring buses
Water class pumps design higher discharges
Metal coated is treated to give better surIace harshness
Water Iilled contraction



4.16 Services

A part oI services the company has centers in diIIerent part oI India there are about 300 aromas
authorized sales and services station through out India

The Iocuses is more on a Iinal services policy because management should make part oI the promotion
programmed and appraise service policy Iacilities the making oI initial sales and helps in keeping
resent consumer.

















































7.1 Introduction

7.2 Structure finance department
7.3 Financial planning
7.4 orking capital
7.5 Cash
7.6 Account receivable
7.7 Inventories
7.8 Capitalization
7.9 Capital budgeting
7.10 Management working capital
7.11 Management inventories
7.12 Ratio analysis


















7.1 INTRODUCTION


Finance is one oI the basic Ioundations oI all kinds oI economic activities. It is the master key oI
business and industry. Finance is regarded as the liIe blood oI a business organization. It is said that
'Iinance is the oil oI wheel marrow oI bonus and spirit oI trade, commerce and industry. Finance has
become an integral part oI modern liIe, with out Iinance a business can not Iunction, Henry Ford once
remarked 'money is an arm or leg, you either use it or loss it. Business organization can not produce
goods and service without Iinancial resources Iinance is a productive wealth.
Organization oI Iinance department means division and diversiIication oI various Iunctions which is to
be perIormed by the Iinance personnel. The place oI Iinance department is the organization chart oI the
company depends generally on the ownership oI unit and size oI unit or business. The control and
administration oI Iinance is in the hands oI top management and the work is delegated and the
authority is decentralized as per the position oI workers under the top management.
In general Iinance may be deIined as the procurement oI Iunds and their eIIective utilization. It is a
provision oI money at the time, it is wanted. According to Gutman and Dougal, 'Business Iinance can
be broadly deIined as the activity concerned with planning, raising , controlling and administrating oI
Iunds used in the business. Finance department is related with many things like, planning Ior Iinance.
Which make proper utilization oI the Iinance to pay salary, Age, Expenses, etc. Finance department
makes decision regarding Iunds, cash Ilow, borrowing policy etc.
Financial management is the management activities, which is concerned with the planning &
controlling oI the Iirm`s Iinancial resources.
According to Ronald, 'Iinancial management is the process oI organizing the Ilow oI Iunds so that
business can carry out its objectives in the most eIIicient manner & able to meet its obligation.
Every business whether it is proIit motive or non- proIit motive requires the Iinance to survive or
expand its business. There Ior we can say that establishment, survival or expansion oI any organization
depends upon how eIIective organization is able to raise the Iund as & when needed.
In short, the most important Iunction oI top mgmt is to raise Iinance at a right time & in right
quantity & also to us it most eIIectively.
In ARIHANT PUMPS PVT.LTD., PALANPUR there is separate Iinance department which
perIorms the Iunctions oI procurement oI Iunds & allocation oI this Iunds Ior purchasing Iixed assets
as well as Ior meeting day today requirements.



7.2 ORGANIZATION STRUCTURE OF FINANCE DEPARTMENT


ORGANIZATION STRUCTURE





Organization oI Iinance department means the division & classiIication oI various Iunctions, which are
to be perIormed by the Iinance department.
The responsibility Ior Iinancial management are spread through out the organization in the sense that
Iinancial mgmt, to on extent, an integral part oI the job oI Iinance manager involve in planning,
allocation oI resources & control.
In this regard, the major decision to be taken by the Iinance department is as under;

1) Investment decision
2) Financing decision
3) Dividend decision
4) Liquidity decision

In ARIHANT PUMPS PVT.LTD., PALANPUR organization oI Iinance department is done according
to the nature & size oI the business. All Iinancial decisions are taken in this department & Iinancial
Iunctions are done eIIectively.


7.3 FINANCIAL PLANNING
Chairman

Managing director
Finance decision
Chief accountant
Account assistant
Clerks


Planning is pr e-requisit e Ior ma naging any little thi ngs t oo. When we t hink
about Iund, Iinancial planni ng comes at Iirst. Financial planning ans wers t he Ioll owing
questions -

What should be Iunds requir ement s?
Ho w shoul d procur e Iunds?
From wher e t o procur e t he Iunds?
Ho w t o ut ilize the Iund at maxi mu m l evel ?

Head oIIice deals wit h t he arrangement oI raising the Iunds and provides Iunds
required by any oI Iour plants.
In AMUL, t hey make weekl y Ior ecast oI Iunds in whi ch requir ement oI each
depart ment is ment ioned. AIt er t hat t he proposal is sent t o head oIIi ce and got sanction
Irom t here.
So, Iinancial planning has a signiIicant place Ior making deci sion oI requirement
and utilization oI Iunds.



7.4 ORKING CAPITAL

Management oI working capital usually involve management or administration oI current assets namely
cash and marketable securities, account receivable and inventories and also administration oI current
liabilities. The quantum oI working capital in business is dependent on various Iactors. Such as type oI
business, turnover oI inventories, term oI purchase and sale, size oI the business unit, process oI
manuIacturing, seasonal variations etc. the present company is engaged in manuIacturing oI capital
goods. ThereIore naturally there is a high amount oI working capital required.


7.5 CASH

The cash is needed Ior various purposes in business. They may be speculative, transitive and
precautionary motives. The management oI cash requires cash planning. It is a technique to plan &
control the use oI the cash. Cash is the most liquid current asset. Finance manager has to do cash
planning. Manager the cash Ilows decide optimum balance oI cash and invest the surplus cash in
marketable securities.




7.6 ACCOUNT RECEIVABLE


Trade credit is considered as an essential marketing tool, acting as a bridge Ior movement oI goods
through production and distribution stage to customer stage to customers trade credit creates
receivables involves credit policy, monitoring accounting receivables. A Iirm may Iollow a latent or a
straight credit policy. BeIore Iollowing establishing any credit policy Iinance manager has to evaluate
the eIIect oI policy in terms oI cost and beneIits.
7.7 INVENTORIES
Inventories constitute the most signiIicant part oI current assets oI a large majority oI
companies. The inventories are in Iorm oI raw material, work in process and Iinish goods. The
management oI inventories is necessary to maintain a large size oI inventory Ior eIIicient and smooth
production and sales operations and to maintain the minimum investment in inventories is not
desirable. The latest and modern techniques like economic order quantity are used in the company Ior
management oI the inventories.


7.8 CAPITALIZATION

'Capitalization means total per value oI all securities, debentures issued by the company, reserve &
surplus &value oI all other long term obligation.

O The term includes
O The value oI all surplus- earned capital
O The value oI long term loan
O The value oI bound & securities still not redeemed

Capitalization is used in its quantitative aspects & reIers to the amount, which a company`s business
can be valued.







MANAGEMENT OF FIXED ASSETS



7.9 CAPITAL BUDGETING

Capital budgeting may be deIined as decision making process by which an organization evaluate the
major investments proposals keeping due consideration Ior the,

Amount needed Ior investment
Amount available Ior investment
Amount that can be acquired Irom diIIerent resources
The cost oI raising Iunds
Funds cash Ilows

There are many techniques, which can be used to determine proIit balance Ior the project. There are
various kinds oI budgeting system such as,

Sales budget
Production budget
Purchasing budget
Cash budget
Capital expenditure budget

In short, spending money is the acquisition oI such expenditure & Iacilities are called capital
expenditure & planning oI such expenditure is called as budgeting.














7.10 MANAGEMENT OF ORKING CAPITAL


Management oI working capital means management oI investment in current assets.
Current assets are the assets, which are converted into cash within an accounting year like bills
receivable, debtors, cash, stocks etc. so company has to maintain such level oI working capital, which
may generate satisIactory earnings.

Working capital is descriptive oI that capital which is not Iixed.

They are to concept oI working capital, they are as under;

1. Gross working capital
2. Net working capital


1) Gross working capital:

Gross working capital is the total oI all current assets like as under

Raw- material & components
Work in process
Finished goods
Trade debtors
Loan & advances
Investments
Cash & bank balance












2) Net working capital:


'Net working capital is the diIIerence between current assets & current liabilities. The
working capital indicates liquidity position oI the Iirm & suggests the extent to which the working
capital needs in the business.

Working capital Total current assets Total current liabilities.

A positive net working capital will arise when current assets exceeds current liabilities. A negative
net working capital occurs when current liabilities are in excess oI current assets.
At Aroma High Tech Ltd., Palanpur management oI working capital is very eIIective &eIIicient.
Net working capital oI aroma high tech Ltd.,Palanpur is positive because oI higher level oI current
assets over current liabilities.


7.11 MANAGEMENT OF INVENTORIES

Management oI inventory to the eIIective & eIIicient operation & control over the stock oI raw
material & Iinished goods.

The various Iorms oI inventory are as under

Raw Material
Work in process
Finished good

In ARIHANT PUMPS PVT.LTD., PALANPUR the valuation oI inventory is made
under the consideration oI Iollowing points

1) Raw material & stores are valued at cost
2) Semi Iinished goods are valued at estimated cost
3) Finished goods are valued at cost or net receivable value, which is lower
4) By product is valued at the realized value.









All the concluding remark ARIHANT PUMPS PVT.LTD.,PALANPUR. has crossed a
long path since its co-operative over all Second portions.
The ARIHANT PUMPS PVT.LTD.,PALANPUR Iuture is bright it has got high status in
market.
ARIHANT PUMPS PVT.LTD.,PALANPUR is a joint sector organization and it is a
totally controlled by the private.
ARIHANT PUMPS PVT.LTD.,PALANPUR has made its progressive curve sky rockets
due to exemplary team work in all departments and a compliment its Iormidable odyssey
Irom procurement oI Iarmer items to makings.
According to my view that the ARIHANT PUMP PVT.LTD.,PALANPUR has a wide
scope develop in Gujarat Ior various Customers.

so this company not only earning proIit more but also they protect to the customer.






















Website:

www.arihantpumps.com
www.googIe.com



Books:-

Human Resourse Management
communication skills
Financial Management
company Account
Times OI India (News paper)