ABSTRACT

A STUDY ON TRAINING AND DEVELOPMENT OF K2S GROUP OF COMPANIES

Human resource development has in recent years become the focus of attention of

planners, policy makers and administrators. Human resource development may be defined as

the process of increasing the knowledge, Skills and Capacities of people. It is important not

only for an enterprise but for a nation to develop its human resources. A country can develop

only when its human resources are developed through health, nutrition, education, training

and research. At the enterprise level, employee training and executive development are main

areas of human resource development.

TOPIC RELATED CONCEPTS OF TRAINING

Training is the process of increasing the knowledge and skills for doing a particular job. It is

an organized procedure by which people learn knowledge and skill for a definite purpose.

The purpose of training is basically to bridge the gap between job requirements and present

competence of an employee. Training is aimed at improving the behavior and performance of

a person. It is never-ending or continuous process. Training is closely related with education

and development but needs to be differentiated from these terms.

TRAINING AND DEVELOPMENT

Employee training is distinct from management development. Training is a short term

process utilizing a systematic and organized procedure by which non-managerial personnel

learn technical knowledge and skills for a definite purpose. It refers to instructions in

technical and mechanical operations of a machine. It is designed primarily for managers. It is

for a short duration and for a specific job related purpose.

On the other hand, development is a long-term education process utilizing a systematic and

organized procedure by which managerial personnel learn conceptual and theoretical

knowledge for general purpose. It involves philosophical and theoretical educational concepts

and it is designed for managers. It involves broader education and its purpose is long-term

development.

INDUSTRY PROFILE

The engineering industry is the largest segment of the overall Indian industry. The

engineering industry can be divided into electrical and non-electrical segments. The electrical

segment depends upon the investments in power industry, while the prospects of the non-

electrical segment are driven by industrial investment.

Engineering equipment finds demand in sectors like cement, steel, power, chemicals and

petrochemicals, all of which have been adversely affected by the general slowdown in the

Indian economy in the past. Indian manufacturers are capable of catering to most of the

customer’s needs. There may be a supply constraint in some cases. For example, India has an

installed capacity of 7000 MW in turbines. Some Indian manufacturers like BHEL and

Larsen & Toubro have made a mark in the international markets, while some of the Indian

arms of multinationals are a global base for outsourcing products and services including R&

D.

Along with its inability to be globally competitive in the past; the Indian engineering

industry has also suffered from poor demand. The slowdown may just be over and the fortune

of the Indian engineering industry is likely to look up.

Industry Overview: Manufacturing

The target growth of industry during the Tenth Plan (2002-07) was put at 10 per cent

consistent with an overall GDP growth of 8 per cent. Notwithstanding a distinct improvement

in the manufacturing growth in the last two years, overall industrial growth so far has

remained well short of the target. Manufacturing sector growth in India has fallen sharply in

the last seven years as compared to the first seven years after the reforms. Manufacturing

sector growth slumped from 7.4% in the first seven years of reforms (1990-91 to 1996-97) to

just 4.7% over the last seven years (1997- 98 to 2003-04). Deceleration in the growth of

mining and electricity sector in the current year may put added pressure on manufacturing

sector to maintain overall industrial buoyancy. Impressive performance of the manufacturing

sector, which grew at 8.9 per cent during this period, largely contributed to this performance.

A moderate deceleration of 0.8 percentage points in the growth rates of IIP in the current year

was due to a decline in the growth rates for mining and electricity sectors. The electricity

sector also witnessed a moderate slow down in the current year, which could partly be

attributed to a shortage of gas and coal. Inadequate investment in these two sectors affected

the capacity additions and contributed to this shortage.

COMPANY PROFILE

K2S Technology was originally incorporated in 1985, as a joint venture

between GEA Energietechnik GmbH, Germany and our Promoter, Mr. B.G.

Raghupathy, to produce and sell On-line Condenser Tube Cleaning Systems, Debris Filters

and Rubber Cleaning Balls used in Thermal and Nuclear Power Plants. In 1993 Mr. B.G.

Raghupathy and members of his family became the sole shareholders of the Company and

began to expand our range of product and services range in the Power and Oil & Gas

industries. On June 28, 2007 we changed our name from GEA Technology(India) Limited, to

K2S Technology.

They carry on their business in two segments, the Supply of systems and Equipment

and Turnkey Engineering project contracting.

In the systems and equipment business, they design, engineer, manufacture, sell and

service a range of systems and equipment for the Power, Oil & Gas, Refinery, Petrochemical

and Process Industries.

In the Turnkey Engineering project contracting business, they engineer, manufacture,

procure, construct and commission projects in the Power and Oil & Gas sector, wherein they

take Turnkey responsibility to supply of a range of equipment and services, including the

civil works required for a project and other work as may be required under the contract for

such project.

They execute Turnkey Contracts to supply the Balance of Plant ("BOP") Equipment,

Services and Civil works for Power Generation projects, in which they supply from a single

source, the Balance of the plant, i.e. items other than the Boiler, Turbine and Generator.

Having successfully executed BOP contracts, they have begun to focus on Engineering,

Procurement and Construction ("EPC") contracts, in which they Design, Engineer and Supply

all of the equipment required for a Power Plant including the Boiler, Turbine and Generator

and Civil works. They are currently executing BOP and EPC contracts tailored to customer

demands. They also have an infrastructure business intended to provide construction services

and technology oriented projects to the infrastructure sector.

The Group exports its system and equipment all over the world & has

reference installation in USA, EUROPE, FAR EAST, MIDDLE EAST, JAPAN, and

AUSTRIALIA & SOUTH EAST COUNTRIES. Group supplies its equipment and system to

process industries such as refineries, petro chemical & other process industries.

The Company consists of seven complementary businesses, including:

Power Projects business, which provides turnkey EPC and BOP, services for

coal-based Thermal Power Plants and Gas-based Combined Cycle Power Plants

typically over 100 megawatts ("MW"), and which completed its first contract in

2002.

Early adopter of BOP concept in India

Order backlog of Rs.29,013 Million as of

29th February 2008

Possesses in-house design and engineering capabilities, and employs

them to optimize project costs leading to higher margins

Competes with Reliance Energy, BHEL, Larsen and Toubro and

Tata Projects

Captive Power Projects, Established in 2006 to address the growing demand for

industrial captive power plants and public utility projects in India upto

150 MW. Executes Turnkey EPC contracts. Contributed Rs.632 Million to the

consolidated turnover in FY07* and Rs.2740 Million for the 9 months ended 31st

December 2007. Competes with Thermax, L&T, Indure, Tata Projects and

Greenesol Power.

Oil and Gas Equipments business, which designs and manufactures gas

conditioning & metering skids, storage tanks, pipeline pig launching & receiving

systems, gas processing complexes and gas compressor packages related to the

oil and gas industry for companies in India and abroad, and which began

operating in 2001

Products and turnkey services for the Oil & Gas industry, which

includes

Gas Conditioning & Metering Skid

Storage Tanks

Pipeline Pig Launching & Receiving System

Gas Processing Complex

Gas Compressor Package

Has an exclusive agreement with Ariel Corporation to package and sell

reciprocating gas compressors in India and Bangladesh. Orders under

execution are:

Hydrogen Gas Compressors for Jubail Oil Chemicals, Saudi

Arabia

Booster Compressor for TNEB, Valuthur

CNG Compressors for Maulana & Sons, Sonergan, Bangladesh

Received export orders from the State Company for Oil Projects

(SCOP) in Iraq for US$ 94.6 Mn

Order backlog of Rs.4050 Million as of 29th February 2008.

Air Fin Coolers business, which designs and manufactures Air Fin Coolers

which cool process fluids and gases used in the refining, petrochemical, and oil

and gas industries, and which began operating in 1994.

Turnkey supply of air cooled heat exchangers for oil & gas processes

and power sector industries

Capable of producing all three variations of finned tubes – embedded,

extruded and welded finned tubes

Certified by ASME with “U” stamp

Key markets are in India, the Middle East, Southeast Asia and North

Africa

List of clients include Samsung Engineering, Hyundai Heavy

Industries, Reliance and L&T

Turnover of Rs.969.6 Million for the 18 months ended March’ 07 and

Rs.710 Million for 9 months ended 31st December 2007

Order backlog of Rs.852 Million as of 29th February 2008

Environmental Engineering business, which designs manufactures and provides

Deaerators, Desalination plants, Water treatment plants and Effluent treatment

plants, which have application in Power and Process plants and other Industrial

plants, and which began operating in 1996.

Product range includes:

Deaerators

Effluent Treatment & Recycling Plants leading to zero

discharge

Water Treatment Plants (Pre-Treatment & DM Plant)

RO based Desalination Plants

Supplied on turnkey basis what the Company believes to be largest

ever Deaerator in India for NPC (Tarapur) with capacity of 3,013 TPH

Presently executing Deaerators for Supercritical 3 x 660 MW NTPC,

SIPAT Power Plant

Six large-size Deaerators for Hyundai Heavy Industries, Korea for

Marfiq, Saudi Arabia project under execution

Sold over 90 Deaerators in India, Asia, Middle East and Africa,

ranging in capacity from 10 TPH to 3,103 TPH

Four large-size Membrane-based Effluent Recycling Plants at Tiruppur

on completion would be the largest in capacity in India. Order backlog

of Rs.246 Million as of 29th February 2008

Electrical Projects business, Established in 2003 to support existing business by

supplying electrical systems and equipment such as Gas Insulated Switchgear

(GIS) substations, Optical Fiber Power Ground Wires (OPGW), Extra High

Voltage substations and Transmission Lines for power stations, refineries and

petrochemical operations.

Turnkey solutions for:

EHV Substations

EHV Transmission Lines

Plant Electricals

Gas Insulated Switchgear Substations

Optical Fibre Ground Wire (OPGW)

Electrical Balance of Plant for Thermal / Hydro & Nuclear Power

Projects

Power Trading – Category ‘F’ Licensed

Order backlog of Rs.640 million as of

29th February 2008.

Infrastructure business, which is capable of building roads and industrial

buildings, and which began operating in 2004.

MISSION:

To enhance continuously the total quality of life of our employees.

To become a key player world wide in the chosen area of business.

To maintain market leadership through quality, innovation, cost efficiency &

modern manufacturing technology.

To ensure customer satisfaction of a high level and a standard higher than that of

competitors

VISION:

To emerge as a world class player in all our chosen business areas.

To retain tier-I supplier status through customer responsiveness,

innovation and technology.

OBJECTIVES

To continuously increase market share through thrust on export and maintain our

position as most preferred supplier.

To provide highest quality of products and customer service through continual

improvement of business processes.

To develop suppliers committed to quality at competitive cost and delivery.

Enhance capability of human resources with focus on developing skills and

competency.

POLICY:

We are committed to achieve the total customer satisfaction.

Providing product & service of highest level of quality standards.

Complying with customer specification, codes, standards statutory and regulatory

requirement.

Continually reviewing and improving the quality management system.

Building quality culture through team work, employee empowerment and

supplier development.

NEED AND SIGNIFICANCE OF STUDY

To study the concept of Training and development.

To study the theoretical concepts design for managers.

To know how the training programs fulfill the needs of the

Employee.

To study the concept of Training Effectiveness.

OBJECTIVE OF THE STUDY

To study the training needs of employees.

To know the training programs conducted at K2S TECHNOLOGY.

To know various kinds of training programs being organized and methods

followed in K2S TECHNOLOGY.

To know the effectiveness of training programs held at K2S TECHNOLOGY

To evaluate the training programs done in K2S TECHNOLOGY.

SCOPE OF THE STUDY

The study is conducted for the executives, supervisors of HR/Finance/ Commercial/

Engineering Departments in K2S TECHNOLOGY

Sample size

The size of the sample was 20 and respondents are at the level of executives of HR/Finance/

Commercial/Engineering Department in K2S TECHNOLOGY. The data collected from 20

respondents are analysed and interpreted. Total no.of.Employees : 60

RESEARCH METHODOLOGY

Data Collection methods –Questionnaire/ Secondary Sources/ records-Data tabulation

Data Collection

Data has been collected on two bases primary data and secondary data.

Primary data:

Methodology used in the process of collecting the primary data is through questionnaire.

Data has been gathered by executing a designed structure questionnaire, which consists of 16

questions.

Data has been collected through one interaction with executives.

Secondary data:

The secondary data related to the programmes conducted during 2011- 2013 will be

analyzed and there by inferences will be drawn from the data collected.