ASIET S2 MBA 2014: Meera Varghese

Top three machine tool producing countries are China followed by Germany & Japan. Output from top three countries account for about 61% of 2014 total world production. China continues to be largest machine tool consuming country in the World which is talked about USD 31.7 billion worth of machine tools. On per capita consumption basis Switzerland, South Korea,Germany, Australia & Taiwan tops the list. Based on Gardner’s world machine tool consumption survey report, India ranks world 14th in production and 10th in consumption during 2014.

HMTheadquarted in Bengaluru,establishedKalamassery unit in 1964, with state-of-art technology as its key strength acquired from world leaders in machine tools, offers a wide array of high technology machine tools solutions to cater every manufacturing requirement.HMT is a state-owned manufacturing company under the Ministry of Heavy Industries and Public Enterprises in India.HMT Kalamassery is organized in to  nine departments & having 350 number of employees. The Trade unions in HMT are HMT Employees Union, HMT Workers Union, HMT Employee FederationCorporate vision of HMT is to become a company of International reputation, offering best of products& services with contemporary technologies forcustomer’s ultimate delight. Corporate mission of HMT is to achieve market leadership & win sustained growth. These departments   work together to achieve theircorporate goal becoming acompany ofRs.1000Cr. by 2020 withMiniratnastatus.Towards this the company has set its corporate objectives toachieve a growth above the industrial average of machine tool sector within 5 years, focus& aim for achieving positive gross margin in year 2013-14,to achieve sustained growth in the earnings of the company on behalf of shareholders focus on to achieve 80% capacity utilisation of facilities & resources by 2017-18 from present level of 61%.The HMT Kalamassery unit wants to achieve sales turnover of per employee from Rs.6.67 L (2011-12) to Rs. 26 L by2017-18.

HMT Kalamassery achieved Sales of Rs.159.02 Crore against Rs.213.01 Crore in the previous year. Net loss reported is Rs.52.66 Crore during the year 2013-14 against reported loss of Rs.43.65 Cr in previous year. Capacity utilization for the year 2013-14 is 53%.HMT Kalamassery has implemented the revival plan proposals and plant up-gradation. HMT Kalamassery is also pursuing with various agencies for extending the reliefs and concessions sanctioned by the BIFR under the Rehabilitation Scheme. Some of these parties including the consortium of banks have preferred appeals against the reliefs and concessions sanctioned by the BIFR, which is being contested by the HMT.

ASIET S2 MBA 2014: Aathira Mohandas

Fertilizers include both natural and artificial substances that increase the productivity of agricultural land. The world’s leading fertilizer producers are the Soviet Union and United States. Other leading producers are China, Canada, France and India. The world’s leading producer of phosphate rocks is the United States. The Soviet Union and Morocco has the largest resources phosphate rock. India made impressive gains in the field of agricultural production and harvested a record in food grains production of 230 million tons during 2007-2008. Introduction of HYV’s and hybrid varieties brought optimism about fertilizer response superiority of modern varieties. The total nutrient consumption (N+P2O5 +K2O) touched level of 264lakh million tones during 2009-10, the highest so far. Since the rain fed areas, which constitute 70% of the cultivated areas, consume only 20% of the total fertilizers, the government has been taking steps in recent years to increase the consumption of fertilizers in these areas. Kerala has one of the lowest consumption of fertilizer in the country per hectare of land area. 

The Fertilizers and Chemicals Travancore Limited (FACT), incorporated in the year 1943 at Udyogamandal, is a Multiproduct, Multi-Divisional Company focused at manufacture and marketing of Fertilizers, Chemicals and Caprolactam. FACT has a vision to emerge as a leading company in the business of providing quality agriculture and industrial inputs and providing engineering services for industrial and infrastructural facilities. The mission is to function as a dependable and globally competitive producer of fertilizer and other allied products and to develop self-reliance in the field of engineering and technology, especially in the field of fertilizers, chemicals, petrochemical, and oil & gas industries. It has 2500 employees including contract labors. FACT is organized into Operation, Finance, Human Resource, Marketing and Company Secratriaite department. There are 11 unions out of that 9 are approved unions. The long term contract expired in 2008

During the financial year up to December 2014, the total sale of Fertilizers is 6.20 lakh MT compared to 6.98 lakh MT for the corresponding period last year. Company sold 29,724 MT of imported fertilizers during the current financial year up to December as against 39,962 MT during same period last year.  Zinc fortified Gypsum, FACT Organic, and Zincated Factamfos are also being sold in the market. FACT has successfully converted its ammonia plant to support LNG as feedstock on 4th October 2013 but captive production of ammonia was stopped during January 2014 because of very high cost of LNG

ASIET S2 MBA 2014 : Alfred Antony

As per the Global Textile and Apparel Industry: Vision 2015, World textile and apparel trade is expected to reach US$805bn by 2015 from US$650bn in 2010. The Indian textiles industry, currently estimated at around US$108 billion, is expected to reach US $ 141 billion by 2021. The industry is the second largest employer after agriculture, providing direct employment to over 45 million and 60 million people indirectly.

The vision of GTN Textiles is to achieve highest level of customer satisfaction in everything they do & believe in ensuring its product quality. It is the mission of GTN to realize the zero defect, zero accidents, zero pollution and thereby to have zero losses and also implicit trust, high ethical, moral values, and unswerving commitment to customers.

GTN TEXTILES LTD is incorporated on August 2^nd 1962 at Aluva, near Cochin in Kerala state and commissioned in 1964.The GTN Textiles has nine number of departments covering 1200 employees. There are 2 unions and their long term  contract is expiring on March 2016.

The company continues to be a significant player in the medium, fine and superfine segment in the world cotton yarn market and is continuously innovating new added products like compact yarns and other specialty yarns. Company’s marketing section keep tracks of its products, demand and supply. Though the company is performing better in the recent years, the financial position of GTN Textiles has not been improved and the company continued to be classified as a “potentially sick company” under the provisions of Sick Industrial Companies (Special Provisions) Act, 1985 as at the close of 31/03/2015.

ASIET S2 MBA 2014 : Sarath Rajan

 Global cable market is dominated by china with annual growth rate of 13% in power sector between 2010-13 as a growing economy.

The wire and cable industry comprise 40% of the entire electrical industry, which is expected to double in size over the next five years. The industry is growing at CAGR of 15% as a result of growth in the power and infrastructure segments. It is expected to grow at similar rate for the next five years. The government’s emphasis on the power sector reforms and infrastructure will further drive growth.

TRACO CABLE COMPANY Ltd (TCCL), a Premier Kerala Government Company, commenced operations in the year 1964, manufacturing high quality Electric Cables and Wires in Technical Collaboration with M/s. Kelsey Engineering Co. Ltd., Canada.

TRACO’s new range of self support Aerial Cables connect people aerially at the same time, economically and also meet both national and international standards.

It is the mission of Traco Cables Ltd, Irumpanam to realize the zero defect, zero accidents, zero pollution and thereby to have zero losses and also implicit trust, high ethical, moral values and unswerving commitment to customers.

In order to produce and sell their products Traco Cables has seven key functional departments like Production Department, Quality Assurance Department, Stores Department, Purchase Department, Personnel and Administrative Department, Finance Department and Marketing and Dispatch Department.

There are 141 workers in the organization. There are two recognized trade unions in the company. TCEU- TRACO Cable Employees Union (CITU) and TCEA- TRACO Cable Employees Association (INTUC). The current long term contract expired on July 2016.

During the year 2013 Traco cable Ltd could achieve a turnover of  Rs.47.48 crore only, with a net loss of Rs.7.74 crore against the previous year’s turnover of Rs 53.70 crore and a net loss of Rs.2.79 crore. During the year the company could not receive the anticipated orders from KSEB among others led to a reduction in turnover and hence led to a loss. It is expected to diversify in to production of XLPE cable, paper insulated conductors and enameled copper wire with a capital investment of about Rs.10.35 crores. Implementation of XLPE projects at Thiruvalla unit is in progress.