A TATA Enterprise

An Assignment on Organizational Structure of VOLTAS LIMITED

Submited to:Prof. Imraan Siddiqui

Submited By:Raushan Kumar Naik MBA II Sem DIMAT

Company Profile:The Company was incorporated on 6th September 1954 at Mumbai. The Company was promoted in 1954 by M/s. Volkart Brothers and Tata Sons Pvt. Ltd. to take over the Engineering & Import Division of M/s. Volkart Brothers in India. The Company's manufacturing activities were originally carried on at its factory at Chinchpokli, Mumbai and covered air-conditioning and refrigeration equipment mining, electrical and agricultural equipment. The Company set up in Thane, Mumbai an up to date factory to manufacture wide range of air conditioning and refrigeration and a range of mining equipments for which the Company had entered into a collaboration with leading manufacturers abroad. The Companys distribution organization is divided into two main groups Engineering' and Marketing. The marketing group consists of two main divisions, on dealing in drugs, pharmaceuticals and consumer products and the other in chemicals and vitamins. The Company deals in foreign as well as indigenous products, besides marketing its own products. The Company manufacture, sale and distribution of a variety of products in the engineering, chemical and pharmaceutical industries such as Agricultural, Earthmoving, Air-conditioning and refrigeration, Textile machinery, Machine tools,

Electrical and mechanical equipments as well as chemicals, pharmaceuticals and consumer products. In 1963 The Company promoted Scottish Indian Machine Tools Ltd. Collaboration with Scottish Machine Tool Corporation of Glasgow for the manufacture of machine tools. In 1964 the Company concluded a collaboration agreement with Eaton Yale and Towns, U.S.A., for the manufacture of Yale fork lift trucks. The company has extensive domestic and international ties. The Company joined the Mine Safety Appliances Co.., U.S.A. and Associated Battery Makers (Eastern) Ltd., Calcutta in the promotion of Mine Safety Appliances Ltd., Calcutta, a joint venture for the manufacture of miners' electric safety cap lamps and other types of safety and protective equipment, appliances, detection and measuring devices. In 1966 a new division the Agro-Industrial Products Division was added. The main operation of the division consisted of the sale and servicing of the tractors and implements made by the international tractor Co. of India. This division handles hydraulic-equipment ranging from larger pumping sets to small irrigation pumps, sprinkler irrigation systems and oil engines and also handles veterinary products, pesticides and fertilizers. In 1982 the Company proposed to set up an electrical business unit at Pune. The Company entered into an agreement with May & Christ of West Germany for the manufacture of dry type transformers of cast-resin design. Voltas International Ltd., Perfect Moulds Ltd. Voltas Switchgear Ltd., Vizat Investment Co. Ltd. are subsidiaries of the Company. Nchovol F&E and Premium Granites are subsidiaries of Voltas International Ltd. The Company has distributorship right in the following products:-Drugs and pharmaceuticals by Merck Sharp & Dohme of India Ltd.

In 1988 the material handling business group successfully introduced up-todate warehousing equipment to further enlarge its product range. The operations of machine tool division witnessed another successful year with the manufacturing capacity of all domestic principals being fully utilised. Airconditioning and refigeration business group received Government's approval for the technical collaboration agreement converting large-sized efficient compressors. The machine tools division reached an agreement with Fanuc of Japan for technical collaboration to produce CNC drilling centres. In 1990 approval was also received for extending Hitachi collaboration to the manufacture of absorption refrigeration machines. The materials handling business group proposed to extend its scope of activities to turn-key materials handling systems for mass production in engineering industries. A new model window air-conditioner was launched by the appliances business group & it was proposed to add other consumer durables to the existing product range. The pharmaceutical and consumer products division suffered on account of diminished margins in the pharmaceutical line and inadequate range in the consumer products business. The distribution of 'Hostess' brand of PEPSI snack foods commenced during the latter part of the year. The transformer operations were adversely affected by industrial relations problems at Pune. The Engineering projects division suffered a setback In 1993 the company launched four new products viz., cooling appliances, water coolers filled with purifiers, ductable and slim-line 3 tonne airconditioners, ceiling mounted split in 1.5 and 3 tonne capacities and 2 tonne room split units. The pharmaceutical and consumer products division was closed during the year and had also withdrawn from the beverages business. A new division, the pumps and projects business set up to manufacture and market circulating pumps in collaboration with Sulzer, Switzerland.

In 2001 Tata group company Voltas Ltd. is relaunching Voltas airconditioners under the `Verdant' brand, a premium model targeted at the retail segment. Tata group company Voltas Ltd the air-conditioner (AC) and cooling appliances major has posted a strong growth in the split air-conditioner segment. In 2002 N. D. Khurody appointed as Additional Director of Voltas. In 2008 Voltas Ltd has appointed Mr. Jimmy Bilimoria and Mr. S N Menon, Independent Directors have as Additional Directors of the Company with effect from September 22, 2008. Voltas launches elegant, new range of Room Air Conditioners in 2008.

Voltas is one of the world's premier engineering solutions providers and project specialists. Founded in India in 1954, Voltas Limited offers engineering solutions for a wide spectrum of industries in areas such as heating, ventilation and air

conditioning, refrigeration, electro-mechanical projects, textile machinery, mining and construction equipment, water management & treatment, cold chain solutions, building management systems, and indoor air quality.
The Company's strengths lie principally in Management and execution of electro-mechanical projects, including air conditioning and refrigeration Sourcing, installation and servicing of diverse technology-based systems serving Indian industry through representation of global technology leaders.