Report Iv Ashwini.docx

INDUSTRIAL VISIT REPORT

Submitted in partial fulfilment of the requirements for Bachelors of Business Admission (BBA)

By ASHWINI SINGH 7B1521 Batch of 2015-2018

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ACKNOWLEDGEMENT I am highly indebted to the principal of ISB&M College of Commerce Dr. Vaman Naik for his guidance, encouragement and also his support in completing this report. I would like to express my gratitude towards my faculty Professor Tripti Sharma for giving me such attention and time. I would like to express my special gratitude and thanks to industry persons for providing necessary information regarding the report & also for their support in completing the project.

My thanks and appreciations also go to my colleagues in developing the report and people who have willingly helped me out with their abilities."

Student‘s Name ............................................. Signature...................Date……………

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CERTIFICATE OF ORIGINALITY I___________________________________Roll No __________________of 2017, a full time bonafide student of second year Bachelors of Business Administration (BBA) Programme of International School of Business and Media ( ISB&M ). I hereby certify that this Industry report made by me. The report submitted in partial fullfilment of the requirements of the programme is an original work of mine.It is not based or reproduced from any existing work of any other person or on any earlier work undertaken at any other time or for any other purpose, and has not been submitted anywhere else at any time.

(Student's Signature) Date:

(Faculty's Signature) Date:

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EXECUTIVE SUMMARY

Sub Divisions

Content

Overview and project aim

This report is prepared on the basis of visit to Maxion Wheels Pvt. Ltd. Pune. The aim of this project is to comprehensively analyse and understand the realistic working of industries.

Outline of Kalyani Maxion Wheels Pvt. Ltd.

Maxion Wheels Pvt. Ltd is wheel Rim manufacture Industry. The Industry basically manufactures wheel Rims Ranging between 5.516 to 8.5-20 and drop centre wheel rims of 5.5 x 15 to 8.25 x 22.5.

Outline of Conclusion and recommendation

The Industry is very much successful in its respective market. The working conditions and safety measures are followed according to government norms. However some factors could be improved for better growth.

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List of Contents o Maxion Wheels Pvt. Ltd o o o o o o o o o o o

Purpose of Visit Objective of Visit Details of Journey Company Profile Financial Position Employee Engagement Marketing Structure Porter’s Model Corporate Social Responsibility Group Observation Conclusion

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PURPOSE OF INDUSTRIAL VISIT  The concept of industrial visit is so beneficial to the students as it provides a deep understanding about the corporate world.  A student’s life is very different from those who are working. The change from a student’s routine to a routine of a working person is made easy when we know what the change is and through this industrial visit helps students to know the daily routine and the responsibilities of a person in an industry.

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In today’s life, we cannot be successful with mere theoretical knowledge. We must also know about the habits, manners and ways of living of the corporate world.

 We can learn about them by coming in contact with them through these industrial visits. While visiting an industry, a student begins to develop initiative and drive. These are the lessons far more valuable than other lessons of books.

 This enables students to get experience about the same working condition and with the same processes, materials and equipment that they will be using when the responsibilities are taken by them.

 It also helps to gain practical experience and practical knowledge. These experiences provide systematic learning, better utilization of machines and materials and high moral.

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OBJECTIVES OF INDUSTRIAL VISIT Objective of the study is to learn and experience significant contribution of theoretical aspects of business administration in business world. Any organisation either public or private comes under industry of commerce follow the basic concepts of business administration and they have to plan organise direct control and coordinate different activities at different grounds.

The study is undertaken the following specific objectives: To learn and experience the current business world.  To analyse the present organisational behaviour and business environment.  To analyse the effect of the ethics and values in enhancing effectiveness of the organisation.  To analyse various measures necessary for gearing up of business

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DETAILS OF THE JOURNEY  The industrial visit to Maxion Wheels Pvt. Ltd Industries was scheduled on saturday, 4th March 2017. A total number of 60 students accompanied by 3 faculty were present for the visit.  We departed from our college at 09.30AM and arrived at Maxion Wheels Pvt. Ltd Industry by 10.30A.M  A detailed informative session was taken by the companies . The session comprehensively covered all the major information about Maxion Wheels. All the doubts put forward by students were clarified and no ambiguity prevailed.  A brief informative session was taken by the companies .. Immediately after the session the students and faculties were divided into two groups. Both the groups were taken for a complete tour of the factory. The use and working of all the equipment were explained in details.  We departed from the factory premises around 2 PM and arrived in the college around 4.30 PM. There was halt of 45 minutes for lunch.  The visit turned out to be highly informative and gave the students a great exposure to nitty-gritty’s of the manufacturing industry.

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COMPANY PROFILE

•  History of manufacturing wheels for more than 10 years. •  Supplies approximately 1 out of every 10 original Equipment wheels in the world. •  Production of approximately 61 million wheels in 2013. •  Employees worldwide more than 14000. •  Manufactures in 14 countries . •  Strong global brand recognition.

 Maxion Wheels is the largest wheel manufacturer in the world.

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GOAL OF THE FIRM Maxion Wheels PVT LTD. Goal is to be number one in the market.

OBJECTIVE OF THE FIRM

The objective of the firm is to double its size every 5 years.

PATENTS OF MAXION WHEELS PVT LTD.

 Tubeless wheels- 22.5inch in size.  Solid tyre.  GEN 34 light weight .

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CAPACITY OF MAXION WHEELS PVT LTD.  Car plant capacity:

2 millions wheels.

 Car plant strength:

250 employees.

 Truck plant capacity: 1.2 million wheels.  Truck plant strength: 450 employees.  Car plant turnover:

150 crore.

 Truck plant turnover: 450 crore.

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BOARD OF DIRECTORS

Pieter Klinkers Chief executive officer

John Salvette VP, CFO and Chief of Staff - Novi

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Mustafa Zaim Chairman of the Board Turkey JV

William Wardle VP, Global Sales and Marketing

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Giorgio Mariani VP, Global Supply Chain

Kai Kronenberg VP, Business Development + Global

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HISTORY

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CORE BUSINESS  The Core business of the Maxion Wheels pvt ltd is to manufacture wheel rims for light as well as heavy weight vehicles.  Maxion wheels have been doing quite well in this field from last 50 years & more.  Maxion wheels are the number 1 wheel manufacturing company in the world.  Maxion wheels manufacture wheel rims for trains in brazil.  Maxion wheel manufacture wheel rims for military tanks which weight 70kg per wheel.

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AWARDS & ACHIEVEMENTS  Maxion Wheels Receives Volvo's Quality Through Excellence Award.  Max Smart Receives Top 20 Products Industry Award.  Hyster-Yale Group Preferred Supplier  Maxion Wheels Akron Plant Earns Ford Q1  Autodata Award- Maxion Wheels Named Best Autoparts Manufacturer in 2016  Ford Brasil Top Supplier Award- July 2016  Ford World Excellence Award-2012  General Motors Corporation Supplier Quality Excellence Award

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STATUS Maxion Wheels is a leading wheel manufacturer for passenger cars, light trucks, buses, commercial trucks and trailers. The Company also produces wheels for agriculture and military vehicles, as well as other off-highway applications. With more than 100 years of wheel-making experience and 10,000 employees globally, Maxion is the world's largest wheel manufacturer, producing nearly 60 million wheels per year. The Company serves its global OEM customers from 22 locations in 12 countries on five continents, and has state-of-the-art technical centers in the Americas, Europe and Asia. Maxion Wheels operates 23 manufacturing plants in 14 countries, producing more than 60 million wheels per year. •It produces steel wheels for light vehicles in Brazil, Mexico, the USA, Czech Republic, Germany, Spain, Turkey and India. •Aluminum wheels for light vehicles are produced in Brazil, Mexico, Czech Republic, Italy, Turkey, Thailand and South Africa. •Steel wheels for commercial vehicles are made in Brazil, Mexico, the USA, Germany, Turkey, India and China. •The company sells 40% of its products in Europe, 28% in Brazil, 24% in North America

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COMPETITORS OF MAXION WHEEL PVT LTD.

 Wheels India Ltd. –TVS Group.  Asia Motors Works Ltd.  Steel Strips Wheels Ltd. –Tata Group.

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OUR CUSTOMERS

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BEST PRACTICES OF MAXION WHEELS PVT LTD.

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Automation – 63 robots functioning-15 panned-2017.

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T.P.M -2S completed -3S in progress.

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SAP – Module

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MWPS System

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M2S System-Maxion Management System

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Maxion teamworks Awards

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Kaizen recognition.

FINANCIAL POSITION OF THE FIRM

The estimated revenue of the firm is $926.7 Million.

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EMPLOYEES ENAGAGMENT  For motivating their employees company organises the family get together.  Maxion wheels celebrate national safety week every year and in that they put forward various games , various activities to inhance the skills of the employees as well as the employees will get to know more about organisation as well as organisation will also get to know more about their employees personality.

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PORTERS MODEL -5 FORCES

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CORPORATE SOCIAL RESPONSIBILITY

 They had provided water tankers in nearby village in chakkan during the time of water shortage.  The HR team has adopted an orphanage in pune and there they provided stationary items and other useful things to the childrens.  Medical facilities has been provided to their workers.

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GROUP OBSERVATION  The security for entry into the premises was intense.  The working of all machineries were explained comprehensively.  Workers were provided with safety gears for use.  There was canteen and sanitation facility for workers.  The representative of the Maxion Wheels was not polite at all.

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CONCLUSION  As we have been there we have experienced and gained the knowledge about the proper industry. In books we acquire only theoretical knowledge, but in actual, the pragmatic implementation of the same, can be grasped only by visiting an industry, which Maxion Wheels has provided to us.  We have learned that how managers are able to manage an industry at a large scale.  We come to know that how we implement our ideas in practical way.

 The workers of Maxion Wheels are very friendly and adjusting, they give us a chance to learn more about their machine.

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