Chapter 1

Steel industries Kerala limited (steel fabrication unit)
CHAPTER 1
INTRODUCTION
1 School of Management and Business Studies, M.G University, Kottayam
1.1 INTRODUCTION
An organization is a group which has a common goal. An organization is defined by the elements that are part of its communication, its autonomy, and its rules of action compared to outside events. An organization structure is a basic framework in which manager works where he makes decisions, allocate resources, and direct activities of others to attain goals. An organization study helps to familiarize with business organization and to relate theory with practice. This enables the students to understand about key business process and to gain knowledge about various departments. So after the organisation study the student will have a very clear picture of the functioning and the methods adopted in the organisation and will help the trainee in knowing a lot about the basic functioning of the organization. This study will be helpful not only for the student but also anyone goes through it. This report will give a clear picture about the organisation.
1.2
OBJECTIVES OF THE STUDY
1. 2. 3.
To familiarize the students with a business organization to relate theory with practice. To study an organizational structure and its functioning. To understand the different departments in the organization and their functions and activities including documentation.
4. 5. 6. 7.
To know the key business processes are carried out in an organization. To study the flow of information in the decision making process at various levels. To conduct a SWOT analysis of the organization. To understand the financial performance of the company by doing financial analysis
1.3 RESEARCH METHODOLOGY

The method used to conduct this study is qualitative form of analysis. But enough attention is given for careful and complete observation of organization and its functions. Here the methodology represents the various methods through which the data collection was done. Mainly data can be of two types. They are primary data and secondary data.
Primary data
1. Direct Interview with Department heads, managerial staffs, and workers of departments. 2. Direct Observation of the plant. 3. Plant visit various
Secondary data
1. Annual reports 2. Department manuals and Journals 3. Web information
1.4 LIMITATIONS
1. As it is a government firm, certain data and documents are considered to be confidential which are not available. 2. 3. The time was limited for a deep study and analysis of the organization. Since the officials were busy with their routine engagement it was rather difficult to spare their time for detailed discussion. 4. 5. The personal interviews may be affected by personal bias. At the time of this organisation study more managers and engineers are long leave for foreign assignment.
CHAPTER 2 INDUSTRY PROFILE
2.1 STEEL INDUSTRY IN INDIA - PAST, PRESENT AND FUTURE 5 School of Management and Business Studies, M.G University, Kottayam
The history of steel-making in India can be traced back to 400 BC when the Greek emperors used to recruit Indian archers for their army who used arrows tipped with steel. Many more evidences are there of Indians perfect knowledge of steel-making long before the advent of Christ. Archaeological finds in Mesopotamia and Egypt testify to the fact that use of iron and steel was known to mankind for more than six thousand years and that some of the best products were made in India. Among the widely-known relics is the Iron Pillar near Qutab Minar in Delhi. The pillar, built between 350 and 380 AD, did not rust so far an engineering marvel that baffles the scientists even today. Yet another engineering feat is the famous Sun Temple at Konark in Orissa, built around 1200 AD, where steel structural were used for the first time in the world. These were the halcyon days when India flourished in all directions and when its prosperity was a matter of envy for the foreigners. But as ill luck would have it, Indias prosperity gave way to poverty after the advent of the foreign rule. Indias indigenous industry languished because of a deliberate policy of the colonial rulers to make the country only a supplier of raw materials. Steel Role plays a vital role in the development of any modern economy. The per capita consumption of steel is generally accepted as a yardstick to measure the level of socioeconomic development and living standards of the people. As such, no developing country can afford to ignore the steel industry.
2.1.1 Steel
Steel is an alloy made by combining iron and another element, usually carbon. When carbon is used, its content in the steel is between 0.2% and 2.1% by weight, depending on the grade. Other alloying elements sometimes used are manganese, chromium, vanadium and tungsten. Carbon and other elements act as a hardening agent, preventing dislocations in the iron atom crystal lattice from sliding past one another. Varying the amount of alloying elements and the Form of their presence in the steel (solute elements, precipitated phase) controls qualities such as the hardness, ductility, and tensile strength of the resulting steel. Steel with increased carbon content can be made harder and stronger than iron, but such steel is also less ductile than iron.
Alloys with a higher than 2.1% carbon content are known as cast iron because of their lower melting point and good castability. Steel is also distinguishable from wrought iron, which can contain a small amount of carbon, but it is included in the form of slag inclusions. Two distinguishing factors are steel's increased rust resistance and better weldability. Though steel had been produced by various inefficient methods long before the Renaissance, its use became more common after more efficient production methods were devised in the 17th century. With the invention of the Bessemer process in the mid-19th century, steel became an inexpensive mass-produced material. Further refinements in the process, such as basic oxygen steelmaking (BOS), lowered the cost of production while increasing the quality of the metal. Today, steel is one of the most common materials in the world, with more than 1.3 billion tons produced annually. It is a major component in buildings, infrastructure, tools, ships, automobiles, machines, appliances, and weapons. Modern steel is generally identified by various grades defined by assorted standards organizations
2.1.2 The Beginning

The first notable attempt to revive steel industry in India was made in 1874 when the Bengal Iron Works (BIW) came into being at Kulti, near Asansol in West Bengal. However, fortyfour years before that, in 1830 to be precise, a foreigner, named Joshua Marshall Heath, had set up a small plant at Porto Novo on Madras Coast. Heath produced in his plant pig iron at the rate of forty tonnes a week. His method of iron-making needed approximately four tonnes of charcoal to produce one tonne of low quality pig iron which proved to be too expensive for Heath to carry on in the face of stiff competition from the British steel industry. The BIW made considerable improvement in the process of iron and steel making. It used coke as the fuel instead of charcoal. But the plant fell sick as the source of funds dried up. It was taken over by the Bengal Government and was rechristened as Barakar Iron Works. In 1889 the Bengal Iron and Steel Company acquired the plant and by the turn of the century the Kulti plant became a success story. It produced 40,000 tonnes of pig iron in 1900 and continued to produce the metal until it was taken over by Indian Iron and Steel Company (IISCO) in 1936. For modern Indias iron and steel industry August 27, 1907 was a red-letter day when the Tata Iron and Steel Company (TISCO) was formed as a Swadeshi venture to produce
120,000 tonnes of pig iron. The TISCO plant at Sakchi (renamed Jamshedpur) in Bihar, started pig iron production in December 1908 and rolled out its first steel the following year. TISCO had expanded its production capacity to one million tonnes ingot by the time the country achieved freedom. The Tatas, as Gandhiji said, represented the "spirit of adventure" and Jamsetji Tata, in the words of Jawaharlal Nehru," laid the foundation of heavy industries in India". The British rulers disfavoured this and other attempts to start indigenous industry. It was chiefly with the help of American experts that the Tatas started their industry. Its childhood was precarious but the war of 1914-18 gave it a fillip. Again it languished and was in danger of passing into the hands of British debenture holders. But nationalist pressure saved it. In 1918, soon after the war, Indian Iron and Steel Company (IISCO) was formed. The then Mysore government also decided to start an iron works at Bhadravati. While IISCO started producing pig iron at Burnpur in 1922, the Mysore Iron and Steel Works took about 18 years to start its plant. Meanwhile, the Bengal Iron Works went into liquidation and merged with IISCO. The Steel Corporation of Bengal (SCOB) formed in 1937, started making steel in its Asansol plant. Later in 1953, SCOB merged with IISCO. Prime Minister Nehru firmly believed that "no country can be politically and economically independent unless it is highly industrialised and has developed its resources to the utmost". Nehrus ideas about Indias development were broadly incorporated in free Indias first Industrial Policy Resolution adopted by the Constituents Assembly in 1948. The resolution officially accepted the principle of mixed economy. Industries were divided into four categories. In the first category were strategic industries which were made the monopoly of the Government. In the second category were six industries which included, among others, coal, iron and steel. It was decided that new units would be started exclusively by the government in the public sector without disturbing the existing ones in the private sector. Eighteen industries, including heavy castings and forgings of iron and steel, Ferro alloys and tool steel were covered by the third category and the rest of the industries by the fourth. In sum, the government committed itself to the development of basic steel industry while the private sector was to benefit through the establishment of downstream units which would use pig iron, billets, blooms and flat products to be made by the public sector steel plants.
In keeping with the spirit of the resolution the Government decided to start a chain of steel plants all over the country in the public sector. The first such plant was set up at Rourkela in Orissa. The second came up at Bhilai in Madhya Pradesh. It was followed by a third at Durgapur in West Bengal. Each of these three plants had an initial production capacity of one million tonne ingot. Durgapur was followed by a steel plant at Bokaro in Bihar. The onward march of Indian steel did not stop at Bokaro. The fifth public sector steel plant was set up at Visakhapatnam in Andhra Pradesh. As a matter of fact, the country was dotted with steel and steel-related plants in public and private sectors, like Alloy Steel Plant, Salem Steel Plant, Kalinga Iron Works, Malavika Steel Ltd., Jindal Vijaynagar Steel Ltd., to name only a few. About the same time TISCO launched its two-million-tonne expansion programme. The Governments Industrial Policy had undergone changes once in 1956 and then in 1991. The resolution modified in 1956 brought changes in the category pattern and listed more industries for the public sector than did the earlier one, though it was not harsher towards the private enterprise. In the new industrial policy announced in 1991 iron and steel industry, among others, was included in the list of industries reserved for the public sector and exempted from the provision of compulsory licensing. With effect from May 24, 1992 iron and steel industry was included in the list of high priority industry for automatic approval for foreign equity up to 51% (now 74%). Export-import regime for iron and steel has also undergone major liberalisation. The freight equalisation scheme was withdrawn removing freight disadvantage to States located near steel plants. The new policy has already borne fruit. The finished steel production in India has gone up from mere 1.1 million tonnes in 1951 to 23.37 million tonnes in 1997-98 despite overall economic slow-down in the country. It has been estimated that the demand for finished steel in 2001-02 would touch 38.68 million tonnes and the projected availability of 38.01 tonnes is almost adequate to meet the domestic demand along with export of six million tonnes. Similarly, by 2006-07, the final year of the tenth plan, the demand for finished steel would be around 48.80 million tonnes, providing adequate surplus for meeting the projected export potential of nine million tonnes. However, there is hardly any scope for complacence over the fact that India continues to be the 10th largest steel producer in the world. In 1997 Indias per capita steel consumption was only 22 kg which was much below the world average of about 126 kgs. Even if the domestic
demand grows up from 34.5 million tonnes to 100 million tonnes in 2025 the industry is unlikely to catch up with the production in the developed countries. The redeeming feature is the cost competitiveness of Indian steel in the global market. According to World Steel Dynamics, the total cost of steel production in the USA is $510 per metric tonne while in Japan it is $550, in Germany $557, in Canada $493 and in India it is $497. This is because of high material cost due to high excise and import duties. Reduction of cost on these accounts will make Indian steel more competitive in the world market. Indian steel can reasonably expect a good market in the neighbouring countries now that the Asian economy is looking up. In conclusion, it can be said with a certain measure of confidence that Indias iron and steel industry which had a glorious past and has an uncertain present may now look forward to a bright future. The modern iron and steel industry in India owes its origin to the grand vision and perseverance of Jamsetji Nusserwanji Tata. The Tata Iron and Steel Company Limited (Tata Steel) was registered in Bombay on 26th August 1907. The construction of the steel plant was then taken up in earnest with the first stake being driven in February 1908. R.G. Wells, an American with steel plant construction experience took over as the General Manager in 1909. Success came when the first blast furnace was blown-in on 2nd December 1911, and the first ingot rolled on 16th February 1912. The company was originally constructed for a capacity of 160,000 tonnes of pig iron, 100,000 tonnes of ingot steel, 70,000 tonnes of rails, beams and shapes, and 20,000 tonnes of bars, hoops and rods. The plant essentially consisted of a battery of 180 non-recovery coke ovens and 30 by-product ovens with a sulphuric acid plant, two blast furnaces (each of 350 tonnes per day capacity), one 300 tonne hot metal mixer, four open hearth furnaces of 50 tonne capacity each, one steam engine driven 40-inch reversing blooming mill, one 28-inch reversing combination rail and structural mill with re-heating furnaces, and one 16- inch and two 10-inch rolling mills. Besides, the steel works had a power house, auxiliary facilities and a well-equipped laboratory. The cost of the plant as erected came to around Rs.23 million
First ingot rolled on 16th February 1912.
2.2 IMPORTANCE OF STEEL

Steel has had a major influence on our lives, the cars we drive, the buildings we work in, the homes in which we live and countless other facets in between. Steel is used in our electricitypower-line towers, natural-gas pipelines, machine tools, military weapons-the list is endless. Steel has also earned a place in our homes in protecting our families, making our lives convenient, its benefits are undoubtedly clear. Steel is by far the most important, multi-functional and most adaptable of materials. The development of mankind would have been impossible but for steel.
The backbone of developed economies was laid on the strength and inherent uses of steel. The various uses of steel which in turn is a measure of adaptability of steel can be judged from the following characteristics of steel : - Hot and cold formable - Weldable - Suitable mach inability - Hard, tough and wear resistant - Corrosion resistant - Heat resistant and resistance to deformation at high temperatures. Steel compared to other materials of its type has low production costs. The energy required for extracting iron from ore is about 25 % of what is needed for extracting aluminium. Steel
is environment friendly as it can be recycled. 5.6 % of element iron is present in earth's crust, representing a secure raw material base. Steel production is 20 times higher as compared to production of all non-ferrous metals put together.
The steel industry has developed new technologies and has strived hard to make the world's strongest and most versatile material even better. There are altogether about 2000 grades of steel developed of which 1500 grades are high grade steels. There is still immense potential for developing new grades of steel with varying properties .The large number of grades gives steel the characteristic of a basic production material Steel has enjoyed an important position in our lives and will continue to do so in the years to come. However, the degree to which it maintains its dominant position will depend on if steel can exploit its potential by developing new higher grades and adaptable grades . This can be achieved by refining the structure and applying alloying techniques and thus furthering its utility value. We will have to find out ways to use steel and be ready to face a stiff competition from Aluminium in the future.
2.3 World Steel Production in the 20th Century

Over the course of the 20th century, production of crude steel has risen at an astounding rate, now fast approaching a production level of 800 million tons per year. Today, it is difficult to imagine a world without steel. During the 20th century, the consumption of steel increased at an average annual rate of 3.3%. In 1900, the USA was producing 37% of the worlds steel. With post war industrial development in Asia that region now (at the turn of the 20th century) accounts for almost 40%, with Europe (including the former Soviet Union) producing 36% and North America 14.5%. Steel consumption increases when economies are growing, as governments invest in infrastructure and transport, and build new factories and houses. Economic recession meets with a dip in steel production as such investments falter. After being in the focus in the developed world for more than a century, attention has now shifted to the developing regions. In the West, steel is referred to as a sunset industry. In the developing countries, the sun is still rising, for most it is only a dawn.
Towards the end of the last century, growth of steel production was in the developing countries such as China, Brazil and India, as well as newly developed South Korea. Steel production and consumption grew steadily in China in the initial years but later it picked up momentum and the closing years of the century saw it racing ahead of the rest of the world. China produced 220.1 million tonnes in 2003, 272.2 million tonnes in 2004 and 349.36 million tonnes in 2005. That is much above the production in 2005 of Japan at 112.47 million tonnes, the USA at 93.90 million tonnes and Russia at 66.15 million tonnes. For details of country-wise steel production see Steel production by country.
2.4 Growth potential of the industry

Amongst the other newly steel-producing countries, South Korea has stabilised at around 4648 million tonnes, and Brazil at around 30 plus million tonnes. This brings the focus of the industry to India. Considering a steel consumption of 300 kg per man per year to be a fair level of economic development, India will have to come up to somewhere around 300 million tonnes, if it is to fulfil its ambitions of being a developed country. That of course is a long journey from the present production level of around 50 million tonnes but one must consider its past before coming to a conclusion about its potential. India was producing only around a million tonnes of steel at the time of its independence in 1947. By 1991, when the economy was opened up steel production grew to around 14 million tonnes. Thereafter, it doubled in the next 10 years, and then it is doubling again, maybe over a slightly longer span. Steel Production in India is expected to reach 124 million tons by 2012 and 275 million tons by 2020 which could make it the second largest steel maker. In the developed countries, the trend is on consolidation of industry. Cross-border mergers have been taking place for several years. The focus is on technological improvements and new products. Globally, the steel industry became a billion tonne industry in 2004. How much more it will grow will depend primarily on how much more steel is consumed in the developing countries.
2.5 Indian Steel Industry Outlook to 2012

The Indian steel industry has made a rapid progress on strong fundamentals over the recent few years. The industry is getting all essential ingredients required for dynamic growth.
The government is backing the industry through favourable industrial reforms, while the private sector is supporting it with investments worth billions of dollars.
Even in the tough times of economic slowdown, the industry succeeded to sustain its positive growth momentum on the strong fundamentals of domestic demand from construction, automobile and infrastructure sectors.
With an impressive track record, the country has become a reputed name in the world steel industry. Global steel giants from all over the world have shown interest in the industry because of its phenomenal performance. For instance - the crude steel production in India registered a moderate year-on-year growth of 2.7% in 2009 and reached 56.6 Million Metric Tons. On the other side, some Asian countries such as Japan and South Korea saw significant decline in their production levels. This further signifies the resilience and strength of the Indian steel industry against external risk factors.
The global economic slowdown hampered the growth curve of various steel intensive industries such as construction in 2009 and its impact also fell on steel demand. However, the government proactive incentive plans to boost economic growth by injecting funds in various industries like construction, infrastructure automobile and power will help the steel industry to again achieve its previous growth trajectory.
Steel consumption in India is expected to grow significantly in coming years since per capita finished steel consumption is far less from its regional counterparts. In 2008, per capita finished steel consumption stood at an estimated volume of around 44 Kg, which represents tremendous growth potential for coming years According to our new research report, Indian Steel Industry Outlook to 2012, strong domestic demand and increased infrastructure spending by the government has been driving the steel industry in the time of recession.
Thus, despite slowdown, steel output surged 3.4% in the first quarter of fiscal 2009-10 in comparison of the first quarter of fiscal policy. A number of government initiatives and growing domestic demand are driving the Indian steel industry in tough economic time, said RNCOS new research report, Indian Steel Industry Outlook to 2012. Steel demand in India is expected to rise at least 5% in the current fiscal year despite slump in the global demand.
2.6 Advantages of Steel

Our buildings use all steel components with the natural advantages that steel offers. The advantages of steel for all your building projects:

Steel has the highest strength to weight ratio of any building material. Provides consistent material quality; because it is produced in strict accordance with national standards, there is no regional variance in quality.
Simplified foundation construction. Provides for straight walls, square corners, and allows doors to open and close properly.
Fire resistant, does not burn and will not contribute fuel to the spread of fire. Inorganic; it will not rot, split, crack or creep. No twisting or warping. Fire parapets can be eliminated. Easily disassembled for repairs/alterations/relocation Vandal resistant. Produces less scrap and waste (2% for steel vs. 15-20% for wood). Scrap is 100% recyclable. Slower aging process with less maintenance. Enhanced resale value
Each year, the North American steel industry recycles millions of tons of steel scrap from recycled cans, appliances, automobiles, and construction materials. This scrap is re-melted to produce new steel. 64% of all steel products are recycled--more than any other material in the U.S. including glass, paper, plastic and aluminium combined. Steel recycling programs reduce the solid waste stream resulting in saved landfill space, and help to conserve our natural resources.
Steel recycling saves the energy equivalent of electrical power for about one-fifth of U.S. households or about 18 million homes for one year. Every ton of steel recycled saves 2,500 pound of iron ore, 1,400 pounds of steel, and 120 pounds of limestone. All steel framing contains a minimum of 25% recycled steel.
CHAPTER3 COMPANY PROFILE
3.1 Profile of SILK (SFU)

3.1.1 Introduction
Steel Industrials Kerala (SILK), a Government of Kerala Undertaking, is a major industrial conglomerate in the state of Kerala, with in house infrastructure facilities for Design and Engineering, steel and structural fabrication, manufacture of steel and iron casting, alloy steel forgings, machining etc. Along with the manufacturing activities, most of our units are having service and contract division also which have been recognized for the expertise in construction as well as project management. All divisions are well equipped and boast qualified and experienced technical Personnel. Silk has 5 Manufacturing Units &2 Service Divisions. Units Steel Fabrication Unit, Cherthala, Alappuzha. Ship Breaking Unit, Beypore, Kozhikode. Ship Building Unit, Azhikkal, Kannur. General Engineering Work, Thuravoor, Alappuzha. Foundry Unit, Ottappalam, Palakkad. Service Divisions Power Engineering & Export Division, Thrissur. Trading Division, Thrissur. STEEL INDUSTRIALS KERALA LIMITED (SILK) is the Kerala's largest steel company, to develop steel based industries and services in state with a turnover of above Rs.20 cores. SILK has four integrated steel plants, in different parts of the state.
3.2Manufacturing units of SILK

1) STEEL INDUSTRIALS KERALA LIMITED SHIP BUILDING UNIT AZHIKODE AZHIKKAL KANNUR-670 009 2) STEEL INDUSTRIALS KERALA LIMITED SHIP BREAKING UNIT BEYPORE s KOZHIKODE-673 015 3) STEEL INDUSTRIALS KERALA LIMITED FOUNDRY UNIT PALAPPURAM OTTAPPALAM PALAKKAD-679 103 4) STEEL INDUSTRIALS KERALA LIMITED GENERAL ENGINEERING WORKS THURAVOOR CHERTHALA ALAPPUZHA-688 532 5) STEEL INDUSTRIALS KERALA LIMITED LIAISON OFFICE FLAT NO.FF-9/140 TM VARGHESE NAGAR KOWDIAR PO THIRUVANANTHAMPURA-695 003
3.3 Steel Fabrication Unit (SFU )- PROFILE

Steel Industrials Kerala Limited (SILK) was incorporated under the Companies Act, 1956 and is fully owned by Government of Kerala and is governed by a Board of Directors. The Steel Fabrication Unit at Cherthala commenced its commercial production in 1980.The annual production capacity of the steel Fabrication Unit is 5000MT of structural items including building structurals, storage tanks, transformer tanks, boiler parts, transmission towers, substation structures, material handling equipments, various M.S fabricated
equipment and turnkey civil and structural works for process engineering units and industrial projects. This unit is fully equipped with all requite machinery and equipment such as Plate Bending machine, Press Brake, MIG and TIG Welding sets , Radial Drilling Machine, Precision Lathe, Plasma Cutting Set etc. for production of Heavy and Medium type Structures and Equipment. The unit is manned by Highly Qualified and experienced personnel on shop floor and departments like Design, Engineering, Production, Marketing etc. Each Department is headed by professionally qualified and experienced Managers.
Total Land Available at SFU Total area covered by workshop Total Plinth Area of Office Total Plinth Area of Stores Total Manpower Strength
26Acres 3250m2 1500m2 400m2 45Nos
The clients include major Public Sector Undertakings like, Heavy Engineering Corporation Limited, Bharat Heavy Electricals Limited, Indian Rare Earths Limited, Southern Railway , ISRO/VSSC, Indian Railway Construction Corporation and Private sector like Aluminium Industries Limited, Carborandum Universal limited and State Government organizations like State Sports Council, Kerala Minerals & Metals limited etc.
3.4 Vision and mission of company

3.4.1 Vision
To be the Indias most reliable and innovative manufacturer, service and solution provider in the steel industry.
3.4.2 Mission
To supply high quality steel products, providing related services and solutions to a worldwide client base while utilizing innovative technologies within an environment of motivated employees focused on continuous improvement, highest business standards, work ethics and sustained return on investment to our shareholders.
3.5 Key Personnel.

The Unit is headed by a Deputy General Manager- Shri. B. Jayakrishnan. Different Departments of the unit viz. Design, Planning, production, Projects, Inspection, Quality Assurance, Materials ,Finance , Administration etc. are headed by qualified and experienced Managers . The Supervisory staffs and workmen have skill and many years working experience in the respective areas.
i. Engineering Graduates in Executive position ii. Diploma (Engg.) holders in Supervisory position iii. Post Graduates &Graduates in Administrative position iv. Junior Officer v. Skilled, Semiskilled & unskilled Manpower Total
3 3 1 4 34 45
3.6 PLANT AND MACHINERY

Fabrication shop is equipped with modern machineries like Guillotine Shear, Press Brake, Sub-merged Arc Welding Sets, MIG Welding Sets, Plate Bending Rolls, Profile Cutting Machine, Radial Drilling Machine etc. facilitating sophisticated fabrication work. A detailed list of plant and machinery on shop floor is given here in. Also necessary Tools, Tackles and Equipment for erection purpose are also available. Besides our own Quality Control and Inspection Wing, we also make use of the production and testing facilities available in other units and Subsidiaries of SILK, given in separate list.
3.7 Details of Past Experience

The STEEL FABRICATION UNIT of SILK, in the initial stage, had been concentrating to various projects within the State only. However, within a short span of time, it could boost its image further and capture other avenues. As a result, the unit has executed a number of prestigious projects outside the state. The Unit is closely associated with many well reputed organizations, both in public as well as private sectors, categorically for the following works. HEAVY AND MEDIUM STRUCTURAL FABRICTION AND ERECTION. TANKS AND PRESSURE VESSELS. STORAGE TANKS, SILOS etc. PRECISION EQUIPMENTS. GALVANIZED STRUCTURES / TRANSMISSION TOWERS. FABRICATION AND ERECTION OF PIPING. AIRPORT HANGARS
3.7.1 PERFORMANCE CREDENTIALS

The Unit has executed many structural/civil contracts including Building Structures, Conveyors, Penstocks, Storage tanks, Pressure vessels, Substation structures, Airport Hangers Mineral separation equipments, etc.for the following clients. Aluminum Industries Limited, Hyderabad. Bharat Heavy Electricals Limited, Ranipet. Bharat Earth Movers Limited.
Buckau Wolf India Limited, Pune. International Airport, Chennai. Kerala State Electricity Board. Kerala Minerals and Metals Limited. Travancore Titanium Products Limited, Thiruvananthapuram. Kerala State Industrials Enterprises. Kerala State Public Works Department. Kochi Refineries. National Thermal Power Corporation. Hindustan Latex Limited, Thiruvananthapuram. Hindustan Organic Chemicals, Cochin. Indian Railway Construction, Mumbai. Southern Railway. Four Engineering Limited, Bangalore. Vikram Sarabhai Space Centre, Thiruvananthapuram. HMT Limited, Kalamassery.
3.8 ORGANISATION STRACTURE OF SLIK (SFU)
ORGANIZATION CHART
DEPUTY GENERAL MANAGER
SENIOR MANAGER
HRD
FINANCE
manager
manager
PRODUCTION & PLANNING
Project department
Assistant manager
PURCHASE & SUB CONTRACT
DESIGN
MARKETING
ACCONTS OFFICER
ASSISTANT ENGINEER
PROJECTS
manager
departme nt
manager
ASSISTANT MANAGER
Draughtsman
Assistant manager
STORES
ASSISTANT ENGINEER
STORE MANAGER ASST. ENGINEER
3.9 Details of Registration

No 1 2 3 4 5 6 7 8 Name of Customer Southern railway Southern railway South central railway Northern railway ICF, Chennai Garden Reach shipbuilders Engineering ltd, Calcutta Fact, udyogamandal Buckau-wolf(M/s Pune) 9 10 11 12 13 14 15 16 Indian Rare Earths Limited Kerala water Authority Fours engg. Bangalore Centre for development of telematics Richardson cruddas limited Hyderabad allwyn SEPWD(R&B) North circle Kozhikode structural/equipments storage tanks/structurals valve boby/structures c-DOT items structural work structural steel work civil/structural work Krupp Item for which registration is obtained Forgings/structural work structural work/castings castings/forgings/structurals structural work casting items/structurals casting/ fabrication vessels/structurals Industries, Ducts/structural
Bangalore water Supply &Sewage civil/structural works Board
17 18 19
FACT Limited, kochi
structural work
Karnataka Newsprint Mfg.Co.Ltd, structural work Bangalore Tamilnadu cements Corporation limited structural work
20 21
Kerala special Refractories ltd Bharat Corporation limited
civil/structural & Instrumentation work Petroleum Mechanical work
22 23 24 25 26 27
Bharat Earth Movers Limited Karnataka Electricity Board BHEL, Bangalore National Thermal Powers Corporation Tamilnadu Telecommunication Ltd. Chennai Rail coach factory, hussinpur
Structural work Structural work Structural work Structural work Industrial building, machine structural work
3.10 COST STRUCTURE OF OPERATIONS

Sl.No 01. 02. 03. 04. 05. 06. 07. 08. 09. Description Material Cost Fabrication Erection Transportation Lining Charges Painting Charges Loading & unloading Testing Charges Contribution 1.75 0.60 1.50 8.47 structural works 41.97 17.00 15.00 0.70 storage tanks pressure 41.75 14.50 21.25 0.70 9.80 1.75 0.60 0.60 22.96 0.70 9.80 1.75 0.60 1.50 25.34 59.50 27.50
Total *
85.49
114.81
126.69
*Note: Total cost is calculated in Rs/Kg Taxes & Duties extra as applicable Contribution @ 10% for structural works & @ 25 % for storage tanks & Pressure Vessels / Equipments
3.11 MACHINERY & EQIPMENT

ON SHOP FLOOR Sl.No
01. 02. 03. 04. 05. 06. 07. 08. 09. 10. 11. 12. 13. 14. 15.
Description Heavy duty radial drilling machine Double ended heavy duty pedestal grinder Air cooled welding transformers Portable Gas Cutting Machine (Pug) Heavy duty precision lathe Gas cutting sets Plate bending machine Guillotine shearing machine Portable drilling machine Straight and angle grinders portable type Combined punching and shearing machine Profile cutting machine Electric welding generators Lathe with length of bed 2.7m Power hacksaw
Nos
01 01 04 02 01 04 01 01 02 04 01 01 02 01 01
Capacity
30mm in MS
600 Ams
9 centre 6 Be
2500mm x 16 mm 2500mm x12mm 25 mm in MS
16mm on 10 Thk 150 mm 300 Ams LB -27 type 24 blade
Steel industries Kerala limited (steel fabrication unit) 16. 17. 18. 19. 20.
Press brake Escort mobile crane Chain pulley blocks EOT crane Radial drilling machine RM-65(HMT)
01 01 01 01 01
16mm x 3120mm/360 ton 8 Ton 3 Ton /10M lift 15/5 Ton
3.12 OTHER MACHINERIES & EQUIPMENT

3.12. 1 FOR ERECTION SERVICE
Sl.No Description Nos Capacity
01 02 03 04 05 06 07 08 09
10
Electric welding generator Air cooled welding transformer Straight portable grinder Angle portable grinder Gas cutting set Portable gas cutting machine Escort mobile crane Electric winch Hand operated winch Chain pulley blocks
03 05 02 03 04 02 01 01 01 06
300 Ams 200 Ams
8 Ton 3 Ton
1 to 3 Ton
3.12. 2 CATIVE PRODUCTION /TESTING FACILITIES

01.Production Facilities for :
Steel Castings Forgings Machining Works Autokast Limited Steel & Industrial Forgings Limited General Engineering Work (SILK)
3 .13 MAJOR CONTRACTS UNDER EXECUTION

Sl.No Description 01. Design, Fabrication & Erection Of storage Tanks 02. Fabrication &erection Of store building 03. Fabrication &erection Of structural building 04. Fabrication &erection Of storage tanks 05. 06. Construction of Slipway Tunnel Shutter TTP, Thiruvananthapuram SWTD, Alappuzha Agriculture Department 31.00 159.00 52.00 TTP, Thiruvananthapuram 142.00 KMML, Chavara 26.00 KMML, Chavara 218.00 Client RS. Value in Lakhs
07. Warehouse Building 08. Design , Fabrication & Erection Of Calibration Unit
KSIE, Thiruvananthapuram 151.00
Kollam
24.00
DEPARTMENTS 3.14.1 PRODUCTION DEPARTMENT

Introduction to steel fabrication process
Steel fabrication process is the process of forming the structure and steel plates in the desired form by the grinding, cutting, welding, bending, burning, drilling, punching, and generally cutting various steel lethal components described in the detail drawing. It is a systematic process and every step is necessary and important. The process being with coordinated the first steel to be fabricated with the steel stock. Material handling labours ensures that the fitters have the exact steel inventory at different fitting stations when the steel is required. In tandem, temple makers create disposable card board like template used for steel cutting steel. This template, taken the guess work out of the shop workers hands. They just fabricated the steel to match the template and an accurate steel detail piece is produced. With correct steel at their site and template in hand, the fitters start the process of producing details pieces. After this is separate welding crew fastens a series of details pieces together to construct the pieces or assembles. There are two most common welding processes, are welding and gas welding. Gas welding is a process in which heat is generated with an electronic arc formed between metal electrode the metal being welded. Typically argon protects the arc form contaminate generally gas techniques are TIG (Tungsten Inert Gas) MIG (Metal Inert Gas) welding. Carbon are welding is a padding process in which the heat from an electric gas are generates a small poll of molten metal that can be added to using metal from a filter rod. This is commonly referred to as stick welding. Welding technique for field creation of steel or shop fabrication is similar. After the fabricated assembly is transported to the site, the only work remaining is unloading, storing, and storage of erection.
PRODUCTION DEPARTMENT OVERVIEW

This department is entrusted with actual production and fabrication of steel. Fabrication is a significant technology of steel industry refers to the production of those parts which must be
heated in a closed furnace. It is the process of shaping, refining, and improving the mechanical properties of metals and its controlled plastic deformation under impact or pressure. The technology has its beginning in the realisation of the fact that metal could change their shape and contour when worked at a high temperature. With the development of iron and steel making and invention and emergence of a variety of metals, this craftsmanship of the black smith has become a widely applied technology. Steel Industries Kerala Limited (SFU) is one of the leading steel fabrication and project Erection Company in Kerala. Production department of SILK SFU is more concentrated on steel fabrication product for multipurpose usage. SILK (SFU) produces the products in there shop and also in work sites. 30% of works are done in shops and balance is done in the work site itself. The company quote a price bid for the purpose of taking orders and according to the need of the customers company fabricate steel for final usage.
Structure of production department Manager
Assistant engineer
store Work men

Store keeper
About the plant

Under SILK there is 26 acre of land. In that the plant area is 3250 meter square. The normal working time of the production plant is 8.30 am to 5.00pm. in the plant there are 18 employees are working and they are categorised according to their specialisation like; Fitter Welder Crain operator etc All employees should report in the plant before 8.45am and they should mark their attendance via punched card system. The employees are responsible to mark their attendance at the time of arrival and departure.
Functions of production department

a. To increase the rate of return b. To maximize the profit c. To be effective in labour relation and manpower cost control.
Responsibilities of production department

a. To provide product in time b. To provide products at competitive price c. To produce high quality products
Policies of production department

a. Product with high quality b. Product with wide variety c. Product delivered on time d. Reduce the wastage e. Product at competitive price
Manufacturing process
The marketing department quote bid for tenders and collect orders and collect orders from customers. After that they design the product according to the need of the customers or customer itself provides the design. The manufacturing process is started after getting the design of the product from design department. According to the design the production manager and supervisor will give instructions to workers. The steel fabrication process is done in sites and shop. In sites normally large scale works are done because of transportation problems. For doing site works the company will appoint subcontractors through tender process.
Raw materials and conversion

In SILK the company uses different kind of raw materials for conversion. They are us follows; Beams (ISMB) Channel (ISC) Angles (ISA) Mild steel Plate Round rod Square rod Tor steel Square pipe Round pipe Welding electrode Cathing electrode argon gas
turpentine
For the purpose of conversion of these different shaped raw materials in to an output form, the company uses different kind of machineries in the plant. They are;
Machinery
Usage
Rolling machine
Rolling the steel.
Hering machine
Cutting steel between 3MM to 12MM
Press break
For fabrication works
Welding machine
For welding the steel. (a transformer is also used for welding purpose)
Lath machine
For lath purpose
Radial drilling machine
For making hole in the steel
Bench grinder
For grinding and shaping the steel
Crain (electrical overhead trolley [EOT Crain])
For loading and unloading steel
Procurement of raw materials

Steel industries limited Kerala mainly purchase raw materials from; premier metals (major supplier) BH metals SAIL Ernakulum depo etc
The raw materials are purchased by the purchasing department according to the requirement of production department and production orders. The purchased raw materials are stored within the production plant itself. Because the movement of large quantity of steel is very difficult.
3.14.1.2 STORE SECTION

The store section of SILK (SFU) is responsible for receiving and issuing them to production. This department records the movement of raw materials, consumable and maintain records like day book, good receipt note, bin card etc. The section also keeps records of finished goods and arranges the finished products for dispatch, when advised by the marketing department. In the store there is no raw material stored. So that there are less number of functions to the store keeper. The functions are; Keeping the tools used for the purpose of making raw materials in to finished goods. The tools are; a) Welding rad b) Grinder c) Hammer d) Square e) Measuring tape etc
Books maintained in the store

A. Day book The store department keeps a book for the purpose of entering the purchasing materials. In this book the arrival of raw materials to the company are recorded. B. Delivery Chelan In this the store keeper made entry of all out going materials from the store to site for production purpose are recorded.
C. G R note (Goods Receipt note)
It contains all receipt of goods and it is send to all departments for planning and accounting purpose. The store department also maintains an up-to-date list of raw materials like angle, channel, beam, plate etc. D. BIN card Bin card is used for the purpose of entering all receivings and outgoings of items or raw materials within the company.
PURCHASE POLICY
All purchase shall be made by purchase department only. For materials to purchase material indent is forward against each project. Other items except capital goods required by various departments are initiated to store who prepare purchase indents and it is to be forward it to purchase department with full specification. For capital goods are identified in various departments are sent to after getting approval from section head. The source of materials is selected by checking the samples collected from different suppliers. Acceptance of samples can do as per the recommendations from quality assurance department. If samples are qualified the criteria the suppliers can be included in the list of qualified suppliers. They are identifying as only ability to provide bulk of materials of the company.
Quality control process

The quality control process of SILK plays a very important role in production. Quality of outgoing products has been maintained with the standards. In addition to the testing of steel production, the steel at the quality control lab testing is also done. The reports received from the government laboratory have indicated satisfactory quality level of all samples. The quality check process is done according to the requirement of the customers. the customer not required the quality check process then the company will check the quality by visual checking.
Policies of SILK for quality control

a. To maintain the product with high quality b. Daily verification of quality c. Maintain the SILK emblem for every product for furniture verification d. To improve customer satisfaction
Testing and equipment involve:

TEST FUNCTION
X-ray test
X-ray test is done for the identification of welding perfection
Chemical test
Chemical test is done for the satisfaction of welding holes.
Strength test
This test is done for identification of the strength of the steel. I.e. carbon content
These all test are done according to the special requirement of customers.
Production planning and control

Planning is one of the most important and critical functions of management. Good plating reduces the efforts called for in the subsequent functions like; organizing, staffing, and control. Planning gives direction, reduces the impact of change, minimizes wastage and redundancy, and sets the standards to facilitate control. Planning equips the managers to look ahead and think beyond present situations. Through forecasting, changes are anticipated; impacts and measured and contingency plans are developed and adopted. The shop floor consists of human resources of all categories of managers, technologist, supervisors, and skilled, semi-skilled, unskilled workers. Without proper planning the organizational objectives cannot be met. Advantages of planning 1. 2. 3. 4. 5. 6. 7. It fixes the objectives or goals for the whole production department Identifies milestones or immediate visible targets Channelizes the organizational resources for optimum utilization Prepares a plan of action which will spell out the precedence-successful relationship Visualize changes and prepares contingency plans Sets the production standards in quantity and quality Provides a basis of control
8. 9. 10.
Encourages achievement through incentives Discourages inefficiency through punitive actions Optimum utilization of production facilities
In short it ensures uninterrupted flow of production as per orders in hand. The intimation for procuring raw materials, deciding the shifts, the required manpower, storage and transportation are handled by this section. Following is the order of production planning; Order placing designing & drawing materials purchasing conversion
of raw materials in to output The company deals with steel fabrication works, according to the contract the company purchase raw materials. So there is no need to keep any special quantity of raw material in the store. Such as minimum stock, maximum stock, reorder level of stock etc.
3.14.2 MARKETING DEPARTMENT

Steel industries Kerala limited (SILK) plays a very important role in structural fabrication, manufacture of steel and iron casting, alloy steel forging, machining etc. The structural item including building structural, storage tanks, transformer tanks, boiler parts, transmission towers, substation structure and industrial projects. Steel industries Kerala ltd marketing department is reliable for the liaison with customers. All communication and from Steel industries Kerala ltd are handled by the marketing department. This department functions under the control of marketing manager and is also coordinating various departments for clarification or approval of drawing or samples etc.
Functions of marketing department

I. II. III. Findings markets for the products Marketing products Finding sub contractors etc
SILK (SFU) has executed a number of prestigious projects, inside and outside Kerala.
DEPUTY GENERAL MANAGER
MARKETING MANAGER
ASSISTANT MANAGER
Marketing activities Sales Promotions

Sales promotion includes all those function which have to do with the marketing of a product and all other activities designed to increase and expand the market. The main sales promotion activities of SLIK (SFU) are;
Advertisement
The marketing department of SILK provide some cat logs, souvenirs, brushers etc to municipalities, Panchayath etc for the purpose of collecting orders and sometimes they provide advertisements in news papers for tender purpose and for making sub contractors. For making canteen and security contract also the company provide advertisements in news papers. Through that more than one company or agency come with bid and the company can select suitable or profitable bids. In SILK (SFU) there is no need for any other advertisements about the product. Because they produce products according to the bid or contract and it is done for a specified customer. SILK (SFU) publish time to time notice for proclaim any new intervention of the company.
Locating customers
The company produce products according to the bid or specific need of customers. So there are no such locating customers for SILK (SFU). But SILK can have some specific customers.; The main customers of SILK SFU are; KMML TTP Municipalities Panchayath KSEB IRCON Railway (lines) Agriculture department Irrigation department.
The company will give more consideration for quoting the works of the above listed companies.
Sub contracting
Outside works of SILK (SFU) plant are done through appointing sub contractors. The works are in the form of mechanical or electrical, erection works and civil works. Mainly erection works are done by sub contractors. The company can have a list of sub contractors, who done works for SILK previously or sub contractors have good track record. At the time of considering sub contractors the company check the details of them. Such details are; Financial capacity of sub contractors Tools with them Local contractor or not etc. For allowing the work to a sub contractor, there are some procedures. They are;
ENQUIRY
The company will give an advertisement or inform through mail to sub contractors about the work. It includes scope of the work, completion time of the work, design etc.
TENDER COMMITTEE
SILK (SFU) can have a tender committee, it include a member from finance department, project department, and a project head. Before this committee all sub contractors will submit their closed bid. And this committee will open all these bids and call two of them (sub contractors) who quoted lowest price and it is for making further negotiation in the tender price. After that the committee will allot the work for the lowest price quoted sub contractor. After receiving approval letter from the tender committee the unit head will approve the subcontracting agreement.
WORK ORDER
After receiving approval from the unit head, the committee will made an agreement with subcontractors. It includes;
Payment condition Special conditions Testing conditions Completion period of work Payment period etc After signing the contract will be executed. The general conditions regarding subcontracting are as follows;
GENERAL CONDITIONS REGARDING SUBCONTRACTING

The contractor shall provide complete tools, tackles, consumables, labour supervision staff, etc. for the work. 01. Contractor shall provide sufficient work force in the nature of
skilled/semiskilled/unskilled Workers for the execution of work under the contract and shall take all safety precautions and follow the safety regulations of the companys clients/their consultants and instructions in this regard from the Companys Site Engineer. 02. The contractor should ensure that their workers are available at site with all the required Tools, equipments and consumables, etc. in sufficient quantities to start work at site well in Advance with a view to complete the entire work within the specified completion period. 03. The contractor shall further confirm to all the laws governing employment and safety of labour, minimum wages, etc. and shall be liable for any claim or obligations thereof. 04. The contractor shall be responsible for payment on all claims of damages, compensation to expense payable as a result of any accident or injury sustained by the labour employed by them during the execution of this contract which they are liable to pay as per the rules, law of order of the Government or the decision of the court or tribunal. The expenses if any
incurred by the company on the above account shall be recoverable from the contractor by the company. 05. The contractor shall be responsible for the payment to the workers towards provident fund benefits, etc. and will be responsible for maintenance of the statutory records in respect thereof. Any losses or damage caused to the company due to the non compliance of the statutory regulations shall be to the account of the contractor.
06. The contractor will have to maintain muster roll and wage register as per the statutory Requirements and as per the instructions of the Engineer-in-charge. Contractors bills will be settled only after the Engineer-in-charge after verifications of the muster rolls and wage register is satisfied regarding disbursement of payment due to the workers. 07. The contractor shall be liable to take contract/labour license or any other permission require from the statutory authorities to employ contract labour for carrying out the work and the proof in thereof shall be submitted to the company before taking up the works. 08. The dimensions, elevations and other details shown in the companys drawings does not relieve the contractor from making alterations, modifications, additions, deletions in fabricated pipes to ensure proper alignment and grouting in the actual site conditions and according to the instructions of the Site-Engineer 09. Damage if any caused by the contractor to the companys/third partys equipments during the work execution has to be rectified /replaced by the contrac6tor at his own costs and risks. 10. If the progress of the quality of work is not satisfactory, the company shall have the right to terminate the contract without any notice and arrange the work at the risk and cost of the contractor. The loss due to the delay/slow progress of work and also due to the alternate
arrangement made by the company for executing the work shall be recovered from the contractor. 11. The rates quoted shall remain firm during the period of the contract. The rates are
inclusive of all taxes and duties. 12. The contractor shall not without the previous approval of the company, execute any
power of attorney in respect of any matter touching this contract and the company shall not be bound by any such power of attorney executed by the contractor without its approval. It shall be entirely within the discretion of the company whether to grant such approval or to refuse it or to revoke an approval once again. 13. Any other works required for the satisfactory completion of this work shall be carried
out by the contractor without any extra cost. 14. No sub-contracting of any work at site is allowed without prior permission of the
company.
15. Safe custody of materials issued for this work is the responsibility of the contractor. 16. In case of any disputes, actions, proceedings arising out of this contract, the jurisdiction of Courts will be at Alleppey and the courts at Alleppey only will have the jurisdiction to have and decide such actions and proceedings. 17. The contractor should make arrangements for putting up necessary temporary shed for Keeping materials, tools, tackles etc. The contractor should provide a covered area as per the requirements of Engineer-in-charge. 18. The contractor or his authorized representative shall be available at site to control the
labour to disburse the labour payment in time and to arrange consumables as per requirement. 19. Complete work will be subject to inspection by companys clients/consultants during the process of erection, concreting and rectifications/modifications suggested shall be carried out without any extra cost. 20. Leading, lifting, stacking etc. at site of materials, fabricated items will be the
responsibility of the contractor and no payment will be made by the company for this. 21. All tools, tackles and consumables if required for the purpose of erection of this contract shall be of best quality and according to the specification approved by the companys Engineers/Consultants. 22. Idle wages will not be given by the company under any circumstances. 23. Welders employed for the job have to undergo qualifying tests conducted by the
company client/consultants and only qualified welders shall be used for the job. 24. Proper Group Insurance cover/ESI for the workmen employed in the job shall be
arranged by the contractor and proof shall be shown to SILK Personnel Department. If the contractor fails to arrange ESI/Insurance, company will arrange the same and the expenses incurred will be deducted from the contractors bills. 25. Repairing, re-welding, finishing of all welded joints as per requirements of the Engineerin charge shall be carried out by the contractor. 26. Electricity at site will be provided if available. If Electricity charges are deducted by the Client from SILKs bills, the same will be recovered from contractors bill.
27. The quantities indicated in the tender schedule are tentative and billing shall be done as per the actual quantities accepted by our clients. 28. Statutory deductions such as ESI, IT etc. as applicable will be made from the
contractors bills. 29. The contractor should keep record of materials issued by the company and the balance materials, if any should be returned to the company, If the contractor fails to return excess quantities of materials issued, the cost of such materials will be recovered from the contractor at the rate fixed by the company. 30. Any other works required for the satisfactory completion of the work shall be carried out by the contractor as per the approved rates. 31. The work done should be guaranteed against defects in workmanship for a period of
months from the date of completion of the work and acceptance. 32. Retention @ 5% will be deducted from the contractors bill. The retention amount will be released after guarantee period
M.BOOK M.book stands for measurement book. In this book the completion of site work will be noted for making payment and to know about work measurement. According to the work completion the project department will pass the bill and it is also recorded in measurement book. The payment is made through finance department after authorisation by project head and unit head.
PAYMENT COLLECTION
According to the work completion the company will collect cash from customer. The payment conditions are specified in the contract itself. each stage of payment are listed in it. After completion of the work company can invoice it.
Competitors
In this sector the company havent many competitors. But in government sector itself one company is there, i.e. KMML and in private sector; KCP Chennai KP Pathros Private construction companies like sanna, bambino etc.
3.14.3HUMAN RESOURCE DEVELOPMENT DEPARTMENT

The main objectives of human resource department are deals with general administration and create learning environment and human development in the company. The manager Mr. P K Haridas controls HRD department and making appropriate human resource decision to the company. The company achieves the HRD objectives in the following ways, the HRD department should; a) Develop a human resource philosophy for the entire organization and get the top management committed to it openly and genuinely. b) Inspire line managers to have a constant desire to learn and develop. c) Constantly plan and design new methods and systems, or developing and strengthening the HRD climate. d) Be aware of the goals of the organization and direct their HRD efforts to achieve these goals. e) Monitor effectively the implementation of various HRD mechanisms f) Work with unions and associations and inspire them. g) Conduct human process research. Organizational health surveys and renewal exercises periodically. h) Influence personal policies by providing necessary inputs to the top personnel top management.
Manager
Assistant engineer
Clerk
The activities of HRD are recruitment, selection, welfare activities, fixation, and payment of salaries, and wages of employees. It is concerned with people at work and relationship at all levels of the organisation to secure the effective use of personal. Its functions are following;
Employment function
These functions include recruitment, section, induction, training, welfare activities and payment of remuneration, promotion and training. Recruitment of worker made through advertisement in news paper. Clerks are recruited through public service commission. The minimum qualification for executives is diploma in engineering. The selection is conducting tests and interviews. After selection employees are placed on various jobs.
Recruitment procedure
Corporate public and administration department as per the delegation of power issued from time to time will do recruitment.
Through PSC in respect of post exclusively reserved for PSC Candidates who meet the prescribed specification.
Manpower Budget
The concerned department head will inform the concerned chief executive about vacancies. The actual recruitment of personal for each month shall also be sent to the corporate and administrative department will take further action for filling up the post.
Advertisement for open selection

The department or division in which the vacancy has arisen will send personal requisition in the prescribed format to the administration department for chief executives. One receipt of requisition, the personal dept may ask for additional information wherever necessary from the dept concerned and will finalise the final details, including the standards requirements regarding age, qualification, experience etc. Depending on the nature of post / vacancy, the company will decide whether applications have to be called for in the prescribed application form.
The selection committee

It consists of minimum 3 members, i.e. representative of the department concerned, representative of administration department and a representative from any other department or external expert as approved by the appointing authority. For position of asst. Manager and above, the committees normally consist of chairman and managing director.
Registration and screening

The company will fix the last date for receipt of application, in the advertisement in newspapers. While doing it, the company will take in to consideration 15 days time from the probable date of advertisement in news papers. All application will be registered and serially numbered in the last of receipt of applications and after the last date for the receipt of applications, they tabulated by the personal department. The tabulation will give in brief, the particulars of each candidate and show which candidate fulfil the minimum prescribed requirement of the post. In order to control the size and quality of the group of the applicants to be interviewed by the selection committee, there may be written for which all applicants processing the prescribed minimum educational qualifications and experience will eligible.
Selection, interview/ waiting list

After each candidate has been interviewed, the members will discuss with each others and award agreed marks by the chairman of the committee. At the end of interview, successful candidates will be recommended for appointment to the advertised vacancy in the order of their rating based on the written test and interview. Test will be objective and essay type to all level of employees according to their post.
Training
SILK multi Unit Company having different units in different parts of Kerala, transfer of employee from one unit to another unit becomes necessary. In order to equip employees to work in different units, a continuous induction training programmes is essential; these are classroom training and induction training.
Human relation functions

Human resource is concerned with maintenance of discipline and primary importance to the attendance and punctuality of employees. Punching card system is used to record the attendance of workers. Permission from respective head of department must be sought if an employee is late or if anyone want to go out. At out pass signed by the head of the department and an authorised officer of HRD is used for this purpose. This pass records, the time of departure and arrival. Salary is reduced proportionality if an employee goes outside for more than one hour during the working time. All these facilities help the human resource department to maintain harmonious relationship among employees and to maintain discipline in the company.
Workers compensation function

Administration and HRD department fixes the wages, salaries, and other monitory benefits for its workers. Wages are fixed by negotiation with the trade union. Salary of workers is revised in every four years through negotiation between management and trade unions. The state govt should sanction executive salary revision.
Welfare function
Human resource department is responsible for conducting various welfare activities and for provided employee services. This includes the canteen, which works in at the working time. Canteen is run private parties on contract. A welfare fund has been constituted and loan are provided from this fund to the employee or their family on various occasions like marriage, death etc. Thus HRD department is concerned with the people at work and their relationship within an enterprise. Its purpose is to establish and maintain sound personal relation at all levels of the organisation and to secure effective use of personal. Efforts for the maintain of peaceful industrial relation are also undertaken by this department.
Welfare fund
The membership of welfare fund is open to all in voluntary bases. The main objective of fund is; This fund shall be utilized for welfare of members and their families. Financial assistance / loans to meet contingencies lie death, illness and marriage of family members, education facilities. Channelize co-operation of employees for the common good. Benefits
Contribution for death while on service.

Compensation for death of the members of family by giving payment of Rs.1000 to meet funeral expenses.
Retirement benefits
A member who has contributed continuously for a period of 3 years shall be paid Rs 500/years at the time of superannuation, registration or retirement.
Loans and advance for the fund

These funds are refundable in nature. The loans are applicable for certain important purpose. These are; Educational loans (with 15% interest) Marriage loan
COMPENSATION
Steel Industries Kerala Ltd is a public sector company; the Govt forces a specific salary structure by which remuneration is extended to employees. The employees are graded according to their skill. The main compensation of Steel Industries Kerala Ltd is given below;
Salary
Basic salary Any workers holding any post in the company has time scale pay and it fixed as per the company rule from time to time. The worker is eligible to have a scale on promotion or seniority or wage-revision. Increment It considered only on compensation of one year. The management sanctions the increment. It is the sole authority of management to with held delay or refuses the increment because of the power vested in management.
Allowance
The main allowances that are extended to employees in steel fabrication unit are as follows;
*D A (Dearness Allowance)
All permanent workers are eligible for dearness allowance as per company rules. DA is paid on divided manner. This is calculated as per Govt economic status rules. *HRA (House Rent Allowance) The workman shall be paid 15% of their basic pay as HRA. The workman eligible for 15% of HRA the workman should incur a minimum expenditure of 25% of his basic pay towards house rent every month and should produce the rent receipt every year or whenever the company demands to staying in own house rental value certificate will be fixed by the committee constituted by the company. If the workers failed to submit the receipt in time, he will lose his benefits. As per government rules; House rent Allowance: House rent allowance are allowed at the following rates Salary less than Rs 2500 is eligible to get HRA of Rs 145 Salary less than Rs 3000 is eligible to get HRA of Rs 165 Salary above Rs 3000 is eligible to get HRA of Rs 185 Uniform Allowance: Rs 525 is allotted for uniform once in two years.
Spectacles: Spectacles are provided to workers in plating shop. Footwear allowance: Workers of welding shop, galvanizing, mechanical maintenance shop are allotted Rs 425 in every two years. Risk allowance: When an employee met with an accident during employment he is eligible for disablement compensation is paid as per rules of workmen compensation Act.
*Travel allowance
Travelling allowance is given to the employees for official journey ranging from 20km to any other destination in India. The amounts of allowance are given according to their official position and the travelling distance.
*ESI (Employees State Insurance)

Employees in this organization has been covered under ESI Act 1948 and whose basic salary is less than Rs7500/=2% of the basic pay is obligatory contribution for this fund. Initially card is issued for 3 years and it may be renewed of necessary. On joining ESI scheme, the works are protected from following; 6 months leave due to disablement Dismissal or harsh treatment 6 months leave due to sickness The main benefits is joining the scheme are; Medical benefit Maternity benefit Sickness benefit
Disablement benefit
Provident fund
According to employees Provident funds Act 1952; the employees of the company are entitled to contribute a certain percentage of the salary to this fund. All permanent employees are bound to join employee provident fund. The employee should contribute 12%of his basic salary towards P F. The first portion goes to P.F and next portion goes to P.F pension at the time of retirement. The following are the other benefits given to the employee joining in EPF; Family pension scheme of P.F pension scheme
Fund for pension
Gratuity
All employees with long period of services are entitled gratuity on retirement due to superannuation or physical disability. The gratuity is calculated per existing rules of the company.
BONUS
Bonus is paid in accordance with the guidelines issued by the government from time to time. An employee whose salary is less than Rs 2500 per month is eligible to get bonus. 8.33% of the total salary is the minimum bonus to be paid. Ex-gratia payment depends upon the profit of the company.
Promotion criteria
Promotion shall be based on the following criteria; A. Seniority of the employees B. Performance of the employees C. Discipline of the employees
Seniority of the employees

Seniority shall be in grade in each division / unit. Seniority will be calculated, based on the date of joining/ date of entry in to grade, as referred in class 2.5 of approved standing orders.
Performance of the employees

Promotion shall be based on the performance appraisal conducted every year. Any adverse report or undertaking of the employees will be communicated to him in writing.
Discipline of the employees

Promotion cannot be considered in the case of employees who have been awarded major punishment under the standing orders, such as revision or demotion to a lower post/ grade or to a lower stage in the time scale permanently. Such case shall be considered only after completing one more qualifying period in that respective grade or stage to which he was reverted. In the case of supervision as punishment, the employee concerned shall have to complete one qualifying period after completion of the ongoing qualifying period.
TRADE UNIONS
Trade unions are voluntary association of workers which is formed for collective bargaining, job security and to have discussion with management like long term agreement. There are two prominent trade unions in the SILK (SFU). They are; INTUC CITU
SECURITYAND SAFETY DEPARTMENT

Security and safety department of SILK (SFU) is headed by security officer. Under him 8 members work whose office time is from 7am to 7 pm and from 7 pm to 7am. They handle both security and safety of the factory.
OBJECTIVES OF DEPARTMENT
1. 2. 3. 4. 5. 6. Control the accident hazards Promote safety consciousness among employees Communicate to top management regarding safety aspects Securities is entrusted with the responsibilities of continuous watchfulness To care of the factory and its premises from intruders Clearance to goods carried out of factory
3.14.4 FINANCE DEPARTMENT

Finance is the lifeblood of every business unit. Without finance no business can survive, just as the smooth flow of blood to different parts is essential for the survival of a human being. There for the supply of adequate finance for the different activity of business is dependable for its success. So finance plays a vital role in the functioning of a company. The finance department of Steel Industries Ltd Kerala is responsible for planning and controlling of financial and accounting activities of the firm. The department maintains proper books and accounts and does financial planning. The department is under the control of senior manager and is concerned with the execution of financial plans and policies. Finance refers to money or funds available to a firm. A business needs funds at every step to start a business, to operate it and to expand or modernize its operations. The management of finance is essential for the success of the business. Accounts department is handles this by the aid of a senior officer. He plans and implements all the aspects of the finance department. He looks after the budget, finance, and audits of accounts. The senior officer accounts takes charge to look day to day affairs of the financial of the company and the establishment section deals with calculating employee wages, provide provident funds, ESI etc. Steel Industries Kerala Ltd financial activities are controlled by the finance department. The main function of this department is proper management of funds. The finance manager ensures that the funds are provided in a manner that the risk, cost and consideration are properly balanced and there is optimum utilisation of funds.
Policies of finance department

1. Expense payable and income receivable are accounted on accrual basis. 2. Inventories of finished and semi-finished products and purchased are carried at the lower cost or market value. 3. Depreciation is provided on straight line method.
Functions of finance department

1. Investment
2. Maintaining liquidity 3. Allocation of profit and calculation of tax 4. Cash collection and payments 5. Accounting 6. Financial planning etc
Structure of finance department

Finance manager
Accounts Officer
Accounts officer
ACCOUNTING SYSTEM ADOPTED

SILK is adopted double entry system of book keeping. Final accounts are prepared in March 31st of every year. Normal accounting period of SILK is from April 1st to March 31st. There are accounting statements and accounts prepared by this department. a) Trading and profit and loss account b) Balance sheet c) Bank reconciliation statement 4SOURCE OF APPLICATION OF FUND SILK is running their day to day affairs by using own fund (own fund means that the fund which is earned by way of production). SILK (SFU) is a government owned company but there is no budget support from the part of government. Before some years there are some loans taken by the company and that was paid by government. But now there are no loans for the company from any source.
COSTING SYSTEM
SILK does not follow any kind of costing system. In this unit of SILK every project or job is done separately. But the finance department didnt follow any kind of costing method. It is one of the drawbacks of SILK (SFU) at Cherthala. Due to this the company doesnt know separate profit or loss from a particular work. The company know only about the annual profit or loss.
BUDGETS AND BUDGETARY CONTROL

Steel Industries Kerala Limited mainly preparing half yearly and quarterly budgets according to the following; Last years budget Current years working quantity Quoting works assumption Ongoing works (works that are needed more than one year for completion) etc
Depending upon these factors the revenue budgets are prepared. According to the budget the officials are acting, other than that there is no such budgetary control actions are taken place.
CALCULATION OF DEPRECIATION
For calculating depreciation of machineries, SILK (SFU) use Straight Line method. According to this method the depreciation is calculated every year. The depreciation rates for different machineries are as follows; ITEM Factory building RATE OF DEPRECIATION 3.34% (fixed rate as per company law board[CLB]) Plant and machinery Computer and peripherals 5.15% 100% and 16.21
Furniture and fittings
3.34%
Electrical installations
5.15%
MONTHLY INFORMATION SYSTEM

Monthly Information System(MIS) includes sales, production etc of a month. It is prepared by the finance department for the purpose of sending it to head office. It includes all transaction details happened in every month. Salary payments of employees are done through SBI Brach at Cherthala.
AUDITING PROCESS
In SILK (SFU), mainly three kind of auditing are done. They are; a) Internal audit The company itself appoints an auditor for the purpose of checking errors in the books and accounts. b) Statutory audit This is the compulsory audit to be done according to the companies act. They will appoint an auditor and check the accuracy of accounts. c) AG Audit AG audit stands for Accountant General Audit. This audit is directly done by the accountant generals office at Trivandrum. There are two kind of audit in AG audit. They are; Financial audit checking the accuracy of books and accounts. Policy audit in this audit they check whether the company is working according to the rules of government.
Sales turnover of SFU.

2006-07 2007-08 Rs. 101.26 Lakhs Rs. 155.73 Lakhs
2008-09 2009-10 2010-11
Rs.116.09 Lakhs Rs.236.97 Lakhs Rs.421.14 Lakhs
Rs. In lakhs
421.14
236.97 155.73 101.26 116.09
2006-07
2007-08
2008-09
2009-10
2010-11
3.14.5 PROJECT DEPARTMENT

The project department is concerned with under taking various projects like expanding factory building, and maintain computer system in all departments of the company and also for networking the departments. This section is headed by mr.PK Haridas and under him Mr.Babu (clerk)is working with project and design of the works. Steel Fabrication Unit (SFU) is undertaking civil works, steel structural buildings, storage tanks, vessels etc. Comprised shop and site execution. The pre fabrication component shall be transferred to the erection point where installation and commissioning will be done at the proposed sites. The erection at site will be done through local sub welders and proper supervisory and inspection staff will be deployed by the company for the timely and effective completion of job. Company will be floating enquiry with different subcontractors in the corresponding fields and after scrutiny of the technical and financial capacity of the sub contractors, work will be awarded to the lowest party after negotiations.
Manager
Assistant manager
Assistant engineer
Assistant engineer
CHAPTER 4 ANALYSIS
STEEL INDUSTRIALS KERALA LIMITED, STEEL FABRICATION UNIT BALANCE SHEET ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2011
Liabilities
Amount
Assets
Amount
Share capital
Fixed asset Investments Current assets, loans & advances
63,82,070.12 6,67,75,501.16
Share capital advance Reserves and surplus 52,23,794.50
Secured loan
Miscellaneous expenditure
46,62,676.65
Unsecured loan Current liabilities& provisions Corporate office SFU SBU(B) SBU(A) FUO
1,65,00,000.00 5,59,65,663.56
Corporate office SFU
SBU(B) SBU(A) FUO GEW Project engineering and export division
GEW Project engineering and export division Trading division Profit for the year Total
Trading division
Loss for the year 7,76,89,458.06 Total 1,30,789.87 7,76,89,458.06
STEEL INDUSTRIES KERALA LIMITED (STEEL FABRICTION UNIT)
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2011
INCOME INCOME Sales Transfer to Capital Account Other Income Accretion / Depletion to Stock TOTAL RS 383,68,182.06 73,950 1,34,15,587.00
5,18,57,719.06
EXPENDITURE EXPENDITURE Raw Materials Consumed Trade Purchase Production Expense Selling Expenses Payment & Provisions for Employees Administrative & General Exp. Finance Charges Depreciation TOTAL Net Profit for Year RS 1,29,33,933.96 2,02,43,480.15 1,71,640.20 1,40,55,472.73 32,10,136.30 9,23,129.78 1,89,136.07 5,17,26,929.19 1,30,789.87
STEEL INDUSTRIALS KERALA LIMITED, STEEL FABRICATION UNIT BALANCE SHEET ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2010
Liabilities Share capital
Amount -
Assets Fixed assets
Amount 6,568,756.19
Reserves and surplus
5,223,794.50
Investments
Secured loans
7,135,150.97
Current assets, loans and advances
80,705,762.71
Unsecured loans
3,500,000.00
Profit and loss account;
Current liabilities & provisions
76,078,250.08 Current period (loss)
90,280.29
Previous period
4,572,396.36
Total
91,937,195.55 Total
91,937,195.55
4.1 RATIO ANALYSIS

4.1.1 CURRENT RATIO 2011 Current Ratio = Current Assets/Current Liability = 6,67,75,501.16/5,59,65,663.56 =1.19315 =1.19:1 2010 Current Ratio = Current Assets/Current Liability =80,705,762.71/80,705,762.71 =1 =1:1 4.1.2 Solvency Ratio 2011 Solvency Ratio = Total Liability/ Total Asset =72465663.56/73157571.28
=0.9905 =0.9905:1 2010
Solvency Ratio = Total Liability/ Total Asset =86713401.05/80705762.71
=1.0744
=1.0744:1 4.1.3 Reserve to share Capital ratio 2011 Reserve to share Capital ratio = reserve/share capital =5223794.50/0 = 5223794.50 : 0 2010 Reserve to share Capital ratio = reserve/share capital =5223794.50/0 = 5223794.50 : 0
CHAPTER 5 TECHONOLGY ADOPTATION
5.1 TALLY ERP 9

Tally is one of the best accounting software available and there is no other package that can give it a good competition. SILK adopted it in 1/4/2009. Presently, Tally has been upgraded to Tally ERP and its offering lots of benefits to small and large size companies. SILK uses Tally ERP 9 for maintaining all their accounts. Tally ERP 9 Features:
It has all features required for high-performance business Management that include remote access, audit and compliance services as well as an integrated support centre & security Management All solutions are focused on delivering peace of mind to the clients It is a complete product that helps in retaining original simplicity yet offering evolved capabilities like payroll, statutory processes, excise and others With ideal combination of built in function, control & customizability it permits business owners & their associates to do more.
Advantages of Tally ERP 9

Powerful remote capabilities that boost collaboration Easy to find qualified personnel Easy to customize Low cost of ownership through Tally Integrator, Quick Implementation and Support Centre.
5.2 AutoCAD
AutoCAD is software which is used for design purpose. SILK adopted AutoCAD in 2004. BENEFITS OF USING AUTOCAD
1- Quickly create designs 2- Needs less storage Space 3- Improved quality over hand drafting 4- Can be customized to suit the individuals needs 5- Drawing modification is very easy 6- Can Draw to the actual scale and can be scaled during printing 7- Helps in preparation of Plan as well as 3 Dimensional Models and helps in product walkthrough
CHAPTER 6 SWOT ANALYSIS
SWOT ANALISIS
6.1 Strength
a) Solid growth in production and turnover during the last two years. b) Existence of well experienced executives and employees. c) A fully government of Kerala undertaking is a major industrial conglomerate in the state of Kerala. d) The client includes major public sector undertakings, heavy engineering corporations.
6.2 Weakness
a) Lack of top level executives for some department (HRD & Finance) b) There is no alternative arrangement for power failure. c) Energy loss and excess power consumption due to use age of old aged machineries. d) Lack of effective control on various projects due to preparation of cost accounting. e) The production cost is very high due to the current change in excise duty, sales tax etc. f) New workers are very less in number.
g) The average production is low h) Employees are long leave for foreign assignment. i) Breakdown of existing machineries
6.3 Opportunities
a) Holding of 26 acres of freehold land b) Near to NH 47 and easy access of railway facilities
6.4 Threats
a) Scarcity of power generation in Kerala b) Price hike in steel row materials c) Non appointment of fresh staff / employees d) Absenteeism Causes of Absenteeism Personal work Health problems Nature of job
e) Trade union Organizational politics has an adverse effect on the organization. It damages or images the organization.
CHAPTER 7 FINDINGS & SUGGESTIONS
7.1 FINDINGS
1. The product of the company is building storage tanks (MS) bridge etc. 2. The company buy the materials from steel market especially Ernakulum, Trichy, Coimbatore, vishakapattanam etc. 3. The company provides certain recreation facilities to its employees. 4. The company provide canteen facility 5. The company give awards to students who got high marks in SSLC 6. They provide safety measures to workers like glows, mouth covering, shoes, cotton glows, leather glows, safety goggles, welding helmet, welding shield, paper mask etc .
7.2 SUGGESTIONS AND RECOMMENDATIONS

i. To create mutual understanding and cooperation between the labour and management. This will help to put an end of absenteeism. ii. To avoid labour absenteeism to ensure maximum utilization of the machineries. iii. iv. The salary of the officers must be revised. Weekly or monthly meeting should be conducting to know about the employees performance to know their recent problems. v. Conscious efforts should be made by the management and HR department to impact specific training to the employees related to their job in view of overall goal set.
CHAPTER 8
LEARNING EXPERIENCE
LEARNING EXPERIENCE
I have got a very good experience from the Company. Conducted my Organization Study in Steel Industries Kerala Limited for the period of one month from May 2nd 2012 to June 1st 2012. It helps to get a practical knowledge of the functioning of different departments and the information flow occurring in an Organization. Also to understand the day-to-day functioning of the Organization. Everyone in the Company was very cooperative in giving information required for the completion of the study. Although they are busy with their works, all find time to spend some time for giving necessary information and explaining its functioning in detail. I have to report to Senior Manager P.K Haridas and he was very much cooperative and helped a lot to collect various information. While visiting the Production Plant for giving guidance, my guide allotted Mr. Vijayan. He helped me a lot by explaining all the Production Process in very much detail. Had a close look for all the Production related activities. Within the limited time of one month period I have got an overall idea of the various functions of an Organization and also familiarize with a business Organization to relate theory with practice.
CHAPTER 9 CONCLUSION
CONCLUSION
The steel fabrication unit at Cherthala commenced commercial production in 1980. The annual prediction capacity of the steel fabrication unit is 500 MT of structural items. Different departments are present and leaded by qualified experienced managers. Since then the company has been maintain it very good will and reputation. The industrial visit and the study conducted for the preparation of this organisation study immensely helped me to make out the practical significance of theories taught in classroom for different management areas. The study as a whole has revealed that this plant set up under government sector is not growing progressively and that it has not a bright future. The finding of the study emphasizes and justifies the coexistence of public sector and private sector undertakings in our nation. The insufficient orders from the part of governments and less amount of financial investment and workers absendism, increased cost of raw materials, less amount of production etc will be badly affect the company. So these things must be overcome. Then the progress of the company will be increased. The organisational study of SILK (SFU) at Cherthala unit has been beneficial for me in all aspects. It helps to familiarise with the practical side of the organisation functions. It provides over all idea about different streams of management mainly personal, marketing, finance, and production etc of the organisation.
BIBLIOGRAPHY
Direct Enquiry from the Management Staff www.steelindustry.com www.google.com company books and records

Chapter 1

Uploaded by

Document Information

Original Description:

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Chapter 1

Uploaded by

Copyright:

Available Formats

Steel industries Kerala limited (steel fabrication unit)

1 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

2 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

OBJECTIVES OF THE STUDY

1.3 RESEARCH METHODOLOGY

3 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

4 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

CHAPTER 2 INDUSTRY PROFILE

Steel industries Kerala limited (steel fabrication unit)

6 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

2.1.2 The Beginning

7 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

8 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

9 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

10 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

First ingot rolled on 16th February 1912.

2.2 IMPORTANCE OF STEEL

11 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

2.3 World Steel Production in the 20th Century

12 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

2.4 Growth potential of the industry

13 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

2.5 Indian Steel Industry Outlook to 2012

14 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

2.6 Advantages of Steel

15 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

16 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

CHAPTER3 COMPANY PROFILE

17 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

3.1 Profile of SILK (SFU)

18 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

3.2Manufacturing units of SILK

19 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

3.3 Steel Fabrication Unit (SFU )- PROFILE

26Acres 3250m2 1500m2 400m2 45Nos

20 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

3.4 Vision and mission of company

3.5 Key Personnel.

21 School of Management and Business Studies, M.G University, Kottayam

Steel industries Kerala limited (steel fabrication unit)

3.6 PLANT AND MACHINERY

3.7 Details of Past Experience

3.7.1 PERFORMANCE CREDENTIALS

22 School of Management and Business Studies, M.G University, Kottayam