INDUSTRY IMMERSION PROJECT REPORT

ROOTS INDUSTRIES INDIA LIMITED

Submitted by
GOWTHAM P
19MBA100
KCT business school
Coimbatore.

December 2019

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 Acknowledgment

I express my sincere and heart-felt gratitude to our Late Arutchelvar. N. Mahalingam and the
Management of Kumaraguru College of Technology-Business school, for their direction.

I record my indebtedness with happiness to our Assistant Professor, Mrs. A. Latha

for the guidance and sustained encouragement for the successful completion of this
project.

I wish to express my deep sense of gratitude to my Project Guide Mrs. P. Mohanamani,

Assistant Professor, KCT-Business School, for her guidance and moral support
throughout the project duration from its inception to completion and for making the
project a success.

I thank Mr. RAJ KUMAR, Training and Development team head of “ROOTS
INDUSTRIES INDIA LIMITED”, for his valuable guidance and motivation to
complete the internship successfully.

I also extend my gratitude to all the faculty members and my beloved parents for their
moral support in helping me for successful completion of this project.

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 Table of contents

Sl. No CONTENTS Page No.

1. INTRODUCTION 4

2. INDUSTRY PROFILE 5

3. COMPANY PROFILE 6

4. OPERATION DEPARTMENT 10

5. MARKETING MANAGEMENT 18

6. HR MANAGEMENT 23

7. DATA MANAGEMENT/ IT 28

8. QUALITY SYSTEMS 30

9. FINANCIAL MANAGEMENT 33

10. LEARNINGS AND CONCLUSION 35

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 INTRODUCTION

The objective of this industrial immersion project is to study about the

organization as a whole and its functions analyzing different practices in detail. The
Analysis of different department will improve the organization. And also, that this
study provides a great insight about how different sectors in the industry manages and
follows the managements concepts in this competitive world.

Objectives of the Study:

✓ To study the strategic and operational practices of various departments in the

functional areas.

✓ To study a specific challenge in the department and providing suitable

solutions for implementation.

✓ To have a Hands-on experience of the functional areas of management in a

corporate or an entrepreneurial environment.

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 INDUSTRY PROFILE

This industry is a subsector that manufactures a wide range of products from different
factory equipment to cleaning machines.

In India this industry has its potential in meeting enormous demand of goods both in the
domestic and in the international market. This industry in India is the backbone of manufacturing
sector by supplying the necessary equipment required for production in automobiles and many
industries.

They play a major role in manufacturing cleaning equipments all over india and exports.
The market size of horns and cleaning equipments are huge boom and will process all the
significant records in the near future.

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 COMPANY PROFILE

ROOTS GROUP OF COMPANIES

In 1970, Roots was first started with the name American Auto Service which is now
called as ROOTS INDUSTRIES INDIA LIMITED (RIL). It has the capacity to produce around
five lakh's horns per month. Roots Industries India Ltd. is a leading manufacturer of HORNS in
India and largest Horn Manufacturing Company in the world. With a strong innovative base and
commitment to Quality, Roots Industries India Ltd has occupied a key position in both
international and domestic market as suppliers to leading OEM's and after market. Similar to
products, Roots has leading edge over competitors on strong quality system base. Now, RIL is the
first Indian Company and first horn manufacturing company in the world to get ISO/TS 16949
certification based on effective implementation of QS 9000 and VDA 6.1 system requirement
earlier. Roots' vision is to become a world class company manufacturing world class product,
excelling in human relation. The Roots group consists of

o ROOTS POLYCRAFT

o ROOTS CAST PRIVATE LIMITED

o ROOTS METROLOGY AND TESTING LABORATORY

o ROOTS MULTICLEAN PRIVATE LIMITED

o ROOTS PRECISION PRODUCTS PRIVATE LIMITED

o ROOTS INDUSTRIES MALAYSIA

o LETRIKA ROOTS PRIVATE LIMITED

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 ROOTS
VISION
Roots vision is to become a world leader in any field that we Undertake.Make a clear
difference as a responsible corporate entity that is committed to technological, social, ethical and
environmental betterment. This is achieved through

• Sustaining a lead position as a trusted solutions provider to customers.

• Adding value in every way, from technology to quality to customer relations.

• Creating a free spirited, intellectually challenging work culture within the organisation.

MISSION
To be valued as a company that understands Quality & integrates it at every level to
provide world class products and to offer outstanding values to our customers. The management's
role at Roots Industries is to empower employees to believe in the power of ideas - a culture we
call Ideapreneurship. Helping customers from all spheres of work, Ideapreneurs are transforming
global businesses one relationship at a time.

QUALITY POLICY
We are committed to provide world-class products and services with due concern for the
environment and safety of the society.

This will be achieved through total employee involvement, technology up gradation, cost
reduction and continual improvement in

• Quality of the products and services

• Quality Management System
• Compliance to QMS requirements

CORPORATE OBJECTIVE
Initiate and implement long-term growth strategies that are focused on holistic
development of products, services and organisational goals Ensure all strategic initiatives reflect
positively on all stakeholders involved Identify key sectors for new growth initiatives.

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ROOTS CUSTOMER'S

Roots customers are some of the world’s most familiar and reputed organizations providing
world class products to their customers. Some of them are:

• BOSCH

• TOYOTA KIRLOSKAR

• HARLEY DAVIDSON

• HINDUSTAN

• SKODA

• TATA

• ASIA MOTOR WORKS

• MAHINDRA & MAHINDRA

• MERCERDES BENZ

• GE HEALTH CARE

• PARKER

• ASHOK LEYLAND

• NACCO

• NAVISTAR

• BHARATH EARTH MOVERS

• CATERPILLAR INDIA, etc.,

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 ROOTS INDUSTRIES INDIA LIMITED
Organisation structure

ENVIRONMENTAL POLICY

With due concern towards maintaining and improving the quality of the life, Roots is
committed for sustainable development by minimizing pollution and conserving resources.

This will be achieved through continual improvement in environmental awareness of all

employees and associates, legal compliance and objective towards environmental protection.

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 OPERATION MANAGEMENT
Production Department of horn division of Roots Industries India Limited
consists of the following sections:

➢ Press shop

➢ Coil winding

➢ Powder coating

➢ Assembly Department

Inventory management
Shelves or rack stocking:
They store the raw materials in a rack based on the weight of the material. Mostly raw
materials are stored as rollsheets and it is moved through the help of machines. There are 10
trolleys filled on each day but only 5 is used in the assembly line. So, if there is any less stock or
the regular suppliers is late to delivery their parts, the assembly will always have a two to three
days of stocks.

PRESS SHOP
OBJECTIVE:
To produce the component by using different operations as per the requirement from the
production planning and control.

ACTIVITIES:

Production planning and control is the primary input to press shop. PPC Prepare the
component requirement plan. A monthly plan is given to the press shop. Based on the plan day-
wise production is prepared. A capacity plan which checks for the availability of tools,
machine, man power and number of working days. If there is a lacking then a contingency plan
is made and necessary action is taken out.
The monthly production work is given to the supervisor who decides which machine has
to be loaded. In press shop operations like blanking, drawing, restrike, piercing, trimming etc.,

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in press shop produces so many components diaphragm, tone disc, point plate, point holder,
and housing with SCR.
During the process if any problems occur the component will be drop the Non conformity
box. After inspected the corrected work piece it will dispatch to the powder coating, plating,
and directed to assembly.

TYPES OF RAW MATERIAL:

✓
Aluminium Zinc Galvanished Steel
✓
Cold Rolled Carbon Steel
✓
Spring Steel
✓
Stainless Steel

TYPES OF PARTS:
1) Housing with SCR assembly
2) Housing with e core assembly
3) Diaphragm
4) Tone disc
5) Point plate
6) Point holder
7) Grill
8) Keeper ring
9) Mounting bracket
10) Mounting bracket assembly
11) Horn cover
12) Connector
13) Condenser bracket
14) C clamp

TYPES OF PROCESS:
1) Blanking
2) Drawing
3) Restrike

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 4) Piercing
5) Notching
6) Trimming
7) Forming

In press shop Target rejected PPM/day is 25 PPM

PPM = (Rejection Quantity/Production Quantity) *100.

Per day the total production of horn is 22,000 in Thoppampatti branch, Coimbatore.

COIL WINDING

OBJECTIVE:

To maintain production of the coil winding, point plate and point holder and
deliver to assembly department at right time.

ACTIVITIES:
▪ Coil winding is done on the spool which is produced from “ROOTS POLYCRAFT”.
▪ Based on Dimensions Two type of spools are used , they are
➢ Circular
➢ Rectangular
▪ Coil made with different materials. Generally three types of materials used , they are
➢ Aluminum
➢ Copper
➢ Copper- clad
▪ Number of turns of the coil differs for varying diameters of the spool. Mostly copper is
used for winding process.
▪ At some cases, Aluminum is used for winding process according to the customer
requirement. The gauge range is also place important factor in coil winding
▪ The main problem raised in riveting is gap in rivet and crack.

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 ▪ After the winding process the resistance of the coil is tested. The resistance tester is
used for check the resistance of the coil.
▪ Heat sealing process is carried out on spool is done to avoid slipping of the edges of
coil from spool.
▪ Then enamel of the wire is removed (manually) by using strip and as well as chemical
to ensure the conductivity/continuity.
▪ The chemical used is ENAMEL ENDCONNECTOR REWINER -101. The time
required for the process is 3-6 seconds.
▪ Rectangular spools outsides are moulded with vertical moulding machine.

▪ The crimping process is also done at the department. Cable lock side and production
side terminals processed at the stage.
▪ The process time is 40 seconds and air pressure required is 3.5 bar.
▪ Point plate assembly is carried out in this department. Tungsten tip used for riveting.
▪ Riveting of the contact points over point plate and point holder is done.

POWDER COATING

OBJECTIVES:
To provide aesthetic look of the horn by coating on the surface and to improve the
corrosion resistance of the component

ACTIVITIES:
Total time required for the whole process to be completed is 2.5 hours. Around
10,000 components are produced in one shift. Concentration of chemicals and pH of water is
maintained throughout the process for maximum efficiency of powder coating. Tone disc and
Housing are parts which are usually subjected for powder coating. The pH value is
maintained at 5-7 at all stages of water rinsing. The speed of conveyor is 1.3 meter per
minute. All the parameters in the Process data check sheet are checked and verified and
signed before the start of each shift.

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PROCESS FLOW CHART OF POWDER COATING

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 ASSEMBLY DEPARTMENT
OBJECTIVE:
To assemble the horn by receiving components from various departments, tune and test the
horn for customer requirement and pack the assembled horns and to send them for barrier
audit and despatch.

OVERVIEW:
• 3 types of horns , namely
❖ Wind tone type
❖ Vibrating type
❖ Electronic type

• Trumpet type horns are named as WINDTONE and are one of the most fast moving
and highly demanded products in market. These kinds of horns can be found in
VOLKSWAGEN, SKODA. Etc.,
• Vibrating type horns are named as VIBROSONIC, VIBROMINI, and MEGASONIC.
Etc and is one of the loudest horns produced in RIL and sound pressure confines to the
Government Regulations.
• Electronic type horns are named as SMARTONE which uses diodes in its working and
is known for its endurance. This type of horn is supplied as OE to one of the largest
automobile manufacturer TKML (Toyota Kirloskar Motor Limited)
• Depending on the market, there are three types,
o OEM (Original Equipment Manufacturer)
o Replacement
o Export
• Export market is classified into two types as
• Export replacement
• Export OEM

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 GENERAL WORKING OF ASSEMBLY

ASSEMBLY LINE CHARACTERISTICS:

✓ For assembling an horn there are usually 10 steps

✓ Each station is provided with a process data check sheet, Standard Operating Procedure
and NC Box
✓ Process data check sheet provides the parameters to be checked before starting the
assembly in each station.
✓ Details for Parameters like air pressure for pressing, air gap to be maintained, height of
diaphragm. Etc., are provided in the check sheet depending on station
✓ Each station has jigs and fixtures for easy and quick placement and assembly of
components which are designed by PRE (Process Engineering)
✓ Every components produced in every assembly line is frequently checked by PATROL
INSPECTION for dimensional characteristics
✓ Each station is provided and controlled by PLC and load cells. These PLCs are
programmed with sensors which sense the parts picked by the operator and the air

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 pressure used for tightening or pressing the component. Any component which is
assembled failing the operating conditions should be placed in NC box. Otherwise the
pneumatic devices will not work.
✓ When more than 5 defective products are found during testing, the assembly line is
stopped, FEEDBACK TO CAUSE process is done and each station is analyzed.

PROCESS FLOWCHART OF ASSEMBLY

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 MARKETING MANAGEMENT

OBJECTIVE:

To achieve targets, promoting the products and maintain proper customer interaction,
offering suitable product and ensuring time delivery.

ACTIVITIES:

➢ Marketing department maintains the Invoice and despatching bills of the customers.
➢ Developing the new ways to sell the products.
➢ Marketing deals with the markets such as
o Domestic
o Replacement.
➢ From dispatching section they receive a mail about the Net weight, Gross weight, No
of boxes to be despatched.
➢ Based on these details they prepare the Invoice to the customer.
➢ Original copy of the Invoice is sent to the customer by marketing department through
post.
Marketing channels:

❖ Manufacture

❖ Distributor

❖ Dealers

❖ Stock

❖ Consumer
Process flow:
1) Branch head
2) Service head
3) Territory sector executive
4) Territory service engineering

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 5) Commercials
6) Store

➢ CRM- customer relationship monitoring

➢ CSS- committing service support & business training.

MARKET

OEM Replacement

Replacement market:
It is another term for aftermarket. It is a market for replacement on repair parts.
Equipment or accessories for the part for the maintenance or enhancement of the original
Products, after it has been sold to the customer. It is a term commonly used for the automobile
industry.

Replacement market products can be divided into two distinct categories:

a. Replacement parts: These parts replace the ones provided by the Original equipment
manufacturers (OEMs), once the original ones wear out. For examples, it may be required to
replace clutch plates of an automobile after certain years of using the car. Thus, the new clutch
plates will have to be bought from the aftermarket.

b. Accessories: These are add-on parts, which are purchased for enhancing comfort,
luxury, performance or safety. For example, if a customer does not opt for a car model with an
inbuilt factory fitted music system, she will have to buy a new car audio system from the after
market for car audio systems. Similarly, adding decorative vinyl or stickers to the car exteriors will
also have to be done in the car exterior modification aftermarket.

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ORIGINAL EQUIPMENT MANUFACTURING(OEM):
The OEM is the original producer of a vehicle's components, and so OEM car
parts are identical to the parts used in producing a vehicle. In the automotive industry, this
term generally refers to automotive manufacturers. It can also refer to the manufacturer of
origin for any product. OEMs are Manufacture who Resell another company’s Products
under their own name and branding. For example roots manufacture horns for the BOSCH.

Marketing Strategy:

Company Dealer Comsumer

 By this strategy, the products are made available to the customers through dealers
who are all branched across India and globe with 40 domestic and 25 internationals.
The company provides the products to the dealers who meet the customers who are
in need for the machine itself seal the deal. The dealers are authorized one and are
responsible for a company representative.

Direct
Company market Customer
association

 In this, the products are marketed through direct marketing associations. The
marketing team which is present in the company will go hunting for the consumers
with interest and will explain the pros of the machine in person and will make the
consumer buy the product.

Company Consumer

 The company also welcomes customer to come directly to the corporate office
where the sales team will take the customer to a tour inside the plant explaining
how the machine is manufacture thus creating transparency within consumers and
company. Then the company will identify the need of the customer and then make
a deal with the customer.

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EXPORTS:
FUNCTION OF EXPORTS PROCESS,

o CUSTOMER COMMUNICATION
▪ The activities from product promotion to product received takes place
here.
o DOCUMENTATION
▪ Generating PROFOMA invoices, Bill of ladding, Packing list and
letter of credit takes place here.

In Roots, they are exporting in the most of the countries, some of the countries are:
➢ Brazil
➢ Canada

➢ Finland
➢ Germany
➢ Holland
➢ Italy

Pricing and Payment:

As far as pricing is concerned Roots sells its product at a fixed price
only, the orders are placed in online from the distributors directly to the company itself.
The company gives a payment discount of 15 days and the full payment has to be done
within 45 days after placing the order to the company and after 60 days the company
will start to place an interest for the remaining payable amount and the product will not
be given to the distributor unless or until the full cash is paid.

Sales promotion:
Sales promotion is done mainly by establishing small stalls in the
exhibition or at an auto fest. Roots provide free service campaign to maximize the sales
of their products. Roots continuously collects data regarding their rival companies
(Example:- Hella) and they learn about their new product launch and their upcoming

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new features and based on this information collected they are able to strategically price
their product so as to improve sales by gaining customer’s attention.

PRODUCT PROMOTION
The customers or traders available in international market are reached through auto-
expos, automotive exhibitions and various other ways of advertising.

CONTACT ESTABLISHMENT
The company establishes contact with the customer or trader through mails, visiting
cards got during exhibitions.

CUSTOMER INTERESTED

The feedback from the customer is obtained by giving samples for free of cost. Based
on the feedback the product is manufactured.

CUSTOMER DESIGN REQUIREMENTS

The customer may have different requirements on the product like aesthetic, function,
etc. Based on that the design feasibility is checked and then product is manufactured.

NEGOTIATION
The customer decides the mode of shipping which determines the cost of the purchase.
It is based on INCO terms.

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 HR MANAGEMENT

OBJECTIVE:
To enhance the skills of all employers and to establish and maintain a
procedure for HR management.

HR Policies of Roots Industries:

• Recruitment is done by following well-defined & systematic selection
process without any discrimination.
• Motivated and quality work force by appropriate and fair performance
evaluation, reward and recognition methods.
• Identify training needs in the organization and design and implement those need
based training programs resulting in continuous improvement in knowledge,
skill and attitudes of the workers.
• To Maintain a quality HR management system with proper plan, design, train,
and motivate the department staff to meet the standard of expectation.
• Evaluate the right skill set needed for the company and replacing the
ineffective workforce in the organization to keep the flow of work stable.

Performance appraisal:
In Bull performance appraisal of employee takes place both:

• Half-yearly
• Annually
Rating scale from 1 to 5 is used to rate the performance of all the employees.

Half-yearly PA:

The HR department daily collects data containing the in and out timing of the
employee, time taken to finish a work, how quality is the job done, no.of days present in the
organization, overtime during the work hours, work culture and relation with colleagues and
the supervisors through the SAP Modules. These data are then verified and the increment
based on the performance appraisal is done.

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Annual appraisal:

The SAP module for HR Management will compare the previous half year’s
data and the growth chart will be plotted and reported. Annual appraisal is helpful in
evaluating promotion scale in the organization.

For the motivation of the workers the company conducts reward for the best
worker, best supervisor etc.

ACTIVITIES:
➢ To provide the necessary training and constantly improve the

knowledge of employer.
➢ Preparation of skill matrix & creating awareness about safety and

environmental regulation
➢ Master list of training program
•
Life skills and soft skills
•
Technical skills
•
System skills
➢ Recruitment policy
➢ Preparation of skill matrix & training need identification
➢ Preparation of competency & legal requirement matrix
➢ Work instructions for interview & selection
➢ Work instructions for training
➢ Work instructions for motivation techniques
➢ Work instruction for on the job training
➢ Work instruction for operator training
➢ Work instruction for new product technology training for operators
➢ Preparation of training calendar

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Work Culture:
The ROOTS INDUSTRIES workers are emotionally bound with their assigned to, they
feel passionately about their goals and their commitment towards the organization's vision and
mission. On Every Day there is a meeting held at the morning where they pledge the oath and
discuss about their difficulties, mistakes, errors and all the other things that are effective in the
company’s productivity.

A different thing what we identified is that any mistake made by the workers intentionally
or unintentionally are identified and they are made to take on oath by standing on sign board
saying “I am responsible for my mistakes”.

Workers are further enlightened by these allowances:

❖ Dearness allowance
❖ House rent allowance
❖ Conveyance allowance
❖ Compensatory allowance
❖ Special allowance (10% of basic pay and dearness allowance)
❖ Additional compensatory allowance (based on place of posting)
❖ Fixed allowance, Stores allowance
❖ ESI
❖ PPF etc.

TRAINING & DEVELOPMENT

• Corporate functions
• Life skills and soft skills
• Technical skills
• System skills

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Recruitment:
Source of recruitment:
On finalization of HR needed the source of Recruitment in roots Industries India
Limited are as follows:

✓ Internal recruitment

✓ External recruitment

Internal recruitment:
This includes:
✓ Transfer
✓ Re- deployment of staffs
✓ Promotion from which the management cadre
✓ Union cadre
✓ Deputation from group companies.
External recruitment:

This type of recruitment is made when all resources internally are exhausted / suitable
incumbent are not identified within or the position is such that it calls specialized skills /
knowledge / technology / experience.

The following are the options in that order, if external recruitment in roots is resorted to:

• Personal Acquaintance
• Consultants
• Advertisement
• By other sources as mentioned by the directors.

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Induction or orientation training:
Induction or orientation training in the Roots Industries is making a new employees to
familiarize in his job settings and additionally they teaches about the procedures, rules and
regulations of the organization when a newly appointed employee reports for work, the Roots
Industries human resources management will help him to get acquainted with the work
environment and the fellow employees. The training and development wing give the training for
three days in the first or second week of his joining.

In Roots Industries, the induction programme is formal with a duration of three days. It
need not necessarily be given on the day when the new employees joins. But if a formal course is
to be attended after one or two weeks on the job, the initial Introduction and the immediately
needed information may be given by the supervisor to the new employee.

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 DATA MANAGEMENT

Database Management system plays a vital role in running the company smoothly.
The company put its whole trust towards an ERP software called SAP. It is designed in a
way that it connects all the departments Marketing, Finance, Human Resources and the
Production. From the raw materials to the finished product everything is recorded in this
software in different modules. Each module helps us to communicate across different
sectors of the company.

Types of Modules:

Marketing Modules:

In this module the company uses the data of the production to analyze the company position
in the market. Helps to handle the data more user friendly when compared to manual data.

Finance Modules:
This type module creates balance sheet of the expenses which happens while
running the company. The cash transfer between suppliers, customers and the company
are recorded in this module.

Human Resources Module:

The data of the human workforce is managed in this module. Promotions data
Salary Data, performance data of the individuals, number of workers available on that day
all these data are collected in this module.

Production Module:
Production sector is the main purpose of using the SAP module. Availability
of Raw Materials, availability of inventories, requirements, Economic Order
quantity, Reorder quantity, Economic batch quantity everything is ordered through
the SAP software.

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 The software will send these data to various different modules and the
management confirms and allocates funds and orders to the respective modules.
In this way there will be constant data flow between sectors which gives
better communication between them enhancing the product value.

IT SYSTEMS:
Data security officer and Data base administrator is responsible for IT policies, internal
policy, E- mail policy, security policy, control of server, Internal communication, Lotus notes
administration and maintenance and development, training the user on the above, software
adequacy and control. Hardware engineer is responsible for the Hardware maintenance of
servers, computers, printers and IT related equipments, installation and maintenance and up
keeping of LAN and WAN.

The employees in and out time is all recorded in SAP software. Leave applications for
the employee are applied through online and all the process are carried out through SAP
software.

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 QUALITY SYSTEM
OBJECTIVE:

To create a defined procedure for product & process standards and maintain quality in all
levels of the organization and attain the necessary certification.

ACTIVITIES:

• Quality is defined as fitness for purpose. So ensure the quality the department
take appropriate activities and steps for quality achieving.
• Quality in all levels of the organization is maintained.
This is achieved by maintaining all the required Quality System procedures like,

➢ Control of Documents
➢ Control of Records
➢ Control of Nonconforming Products
➢ Internal Quality Audit
➢ Corrective actions
➢ Preventive actions
➢ Training (ISO/TS/CSR)
➢ The key features of quality management services are
✓ Men
✓ Material
✓ Machine
✓ Method
➢ The procedure at quality system followed are based on the certificate requirement
, the certificate followed here is ISO TS 16949
➢ Activities are done on basis of “standard operating procedure”

AUDIT

First Party

This audit is carried by internal certified auditor for verification, it’s termed as internal audit.

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Second Party

This audit is carried over by O.E.M CUSTOMERS, STACK HOLDER, its termed as customer
audit.

Third party

This audit is carried by general body TUV Rheinland, they are general professional body
members carrying out Certification audit which are trusted. Yearly once surveillance is carried
out. Once for three years recertification process is done.

INTERNATIONAL ORGANISATION FOR STANDARDS

Quality perception triangle

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▪ The pyramid tells about the sector wise specification. These certifications ensure the
customer trust and reputation of company in market.
▪ The ISO/TS16949 certificate is awarded for only Automobile industry; hence it ensures
the quality in automobile products.
▪ ISO 9001 is awarded for the organization which are consistence on satisfying the need of
customer and posses good organizational practice.

INWARD INSPECTION:
In inward inspection there are two types of quality checking inspection, namely

1) Incoming quality (for quality assurance)

For suppliers, raw materials, bought out, sub contract,
2) In process quality (for control)
VCC Chart, poka yoke
To reduce the cost of quality and time for inspection control plan is issued.

Input chart is primary input document. It includes the following, Raw material-
roots material specification

▪ Job made - engineering drawing

▪ Sub contract - raw material

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 FINANCIAL MANAGEMENT

Roots Industries India Limited's operating revenues range is INR 100 crore - 500 crore for the
financial year ending on 31 March, 2018. It's EBITDA has increased by 7.31 % over the previous year.
At the same time, it's book net worth has increased by 11.51 %. Other performance and liquidity ratios
are available here.

The registered office of the company is at RKG INDUSTRIIAL ESTATE GANAPATHY,

COIMBATORE, TAMILNADU, Tamil Nadu.

The total paid-up capital is INR 1.60 cr. The last reported AGM (Annual General Meeting) of the
company, per our records, was held on 26 September, 2019. Also, as per our records, its last balance sheet
was prepared for the period ending on 31 March, 2019.

CIN INCORPORATION DATE / AGE LAST REPORTED AGM DATE

U02520TZ1990PLC002987 27 December, 1990 / 29 yrs 26 September, 2019

AUTHORIZED CAPITAL PAIDUP CAPITAL INDUSTRY

INR 200.0 Lacs INR 160.0 Lacs Agriculture and Allied Activities

TYPE CATEGORY SUBCATEGORY

Unlisted Public Company Company limited by Shares Non-govt company

The major Bankers for Roots Industries are

➢ State Bank of India

➢ Citi Bank

➢ Punjab bank

Roots doesn’t have any Bank deposits. It invests the profit money in developing the roots industries or some
other purpose for the growth of the company.

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The Consultancy for Roots industries India limited in Coimbatore is handled by SKDC consultants limited
located in Gandhipuram, Coimbatore.

BUSINESS

RISK
OPERATIONAL

FINANCIAL

Roots Industries promoters holds the highest percentage of shares. Chairman Mr.K.Ramasamy
holds 31.81% and his son Varun Karthikeyan holds 28.93%.

Loan amounts:

SBI - 300 lakhs(limit) -100 lakhs(outstanding)

Citi - 1000 lakhs(limit) – 625 lakhs(outstanding)

Net worth of the company is 14004 lakhs. 25% return of dividend for share holders for the past
10 years.

Financial Manager should ensure the payments of debit and credit of the company. Collect the
dues and recievables.

Credit Rating:

Rating committee M/s Care ratings limited after due consideration has reaffirmed the
ratings for long term bank facilities as CARE A-positive (single A: outlook: positive) and short
term bank facilities as Care A1(A one).

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 MAJOR LEARNINGS FROM THE INDUSTRY
IMMERSION PROJECT

• During this industrial visit we come to know the contribution of each department to make a
single product successfully in the market. And also, the struggle of the company due to the
failure of a simple part.

• Team discussions of various departments helps to overcome major difficulties preventing loss
and less quality.

• The company’s role in reducing the costs in everyplace they could. For example, the
production firm is lighted naturally utilizing direct sunlight.

• Innovation in different concepts is seen where the company is up-to-date in every necessity
whether in the management or in the market.

CONCLUSION

The motive of this industrial immersion project is to study and understand the managerial
concepts implemented in the industry. Visit to this company gave great insights of their
production and management departments. This Industrial Immersion Project gave a live
experience of management Concepts throughout the process and also the company and its
performance in the global market.
It was a pleasure to experience the Industrial functioning of Roots for 5
days. Through this Immersion Project, I was able to gain new insights and more comprehensive
understanding about the real industry working condition and practice. As a result of the
program now we are more confident to enter the industrial world and build our future career.

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