Final Project on Csil

7/30/2019 Final Project on Csil

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A

PROJECT REPORT ON

CIRCUIT SYSTEMS (INDIA) LIMITED

SUBMITTED TO

B. K. MAJUMDAR INSTITUTEOF

BUSINESS ADMINISTRATIONH.L.B.B.A.

(AFFILIATED TO THE GUJARAT UNIVERSITY)

TOWARDS THE PARTIAL FULFILLMRNT OF THEPAPER OF PRACTICAL STUDIES

IN THE SECOND YEAR OFBACHELOR OF BUSINESS ADMINISRATION PROGRAMME.

2009-2010

Prepared By

Name: Pankajkumar PansuriyaS.Y.B.B.A.II

ROLL NO. - 208


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CONTENT

INTRODUCTION 5

ORGANIZATION 10

PRODUCTION 17

MARKETING 30

FINANCE 41

HRM 46

SOCIAL RESPONSIBILITY 56

AWARDS ANA ACHEIVEMENT 58

S.W.O.T. ANALYSIS 60

CONCLUSION 62

BIBLIOGRAPHY 63

SOURCES OF INFORMATION 64


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INDEX

PARTICULAR PAGENO.

INTRODUCTION 5Background of the Industry 6History of the company 7Introduction of the founding members 8Objective of the company 9

ORGANISATION 10

Organizational design 11Top management 12Hierarchy 13Organizational structure and chart 14Departmentalization and its basis 16

PRODUCTION 17Introduction 18Plant location 19Manufacturing process 21

Product portfolio 28Quality control 29

MARKETING 30Introduction 31The marketing mix 324P of marketing 33Target customer 35Place distribution 36

Competitors 37Exports 40

FINANCE 41Introduction 42Source of finance 43Accounting policies 44


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HRM 46Introduction 47Scope of HRM 48Recruitment and Selection 49Training and Development 53Safety and Health 55

Social Responsibility 56

Awards and Achievement 58

S.W.O.T. Analysis 60

CONCLUSION 62

BIBLIOGRAPHY 63

SOURCES OF INFORMATION 64


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Background of the Industry

A printed circuit board, or PCB, is used to mechanically support and electricallyconnect electronic components using conductive pathways, or traces, etched from

copper sheets laminated onto a non-conductive substrate. It is also referred to asprinted wiring board (PWB) or etched wiring board. A PCB populated withelectronic components is a printed circuit assembly (PCA), also known as a printedcircuit board assembly (PCBA).

The inventor of the printed circuit was the Austrian engineer Paul Eisler (19071995) who, while working in England, made one circa 1936 as part of a radio set.Around 1943 the USA began to use the technology on a large scale to make rugged

radios for use in World War II. After the war, in 1948, the USA released theinvention for commercial use.

Before printed circuits point-to-point construction was used. For prototypes, orsmall production runs, wire wrap or turret board can be more efficient.

Originally, every electronic component had wire leads, and the PCB had holesdrilled for each wire of each component. The components' leads were then passedthrough the holes and soldered to the PCB trace. This method of assembly is calledthrough-hole construction.


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History of the company

The Company was originally incorporated on 08th February 1995 as CircuitSystems (India) Limited at Gujarat, Dadra & Nagar Haveli vide Registration

Number: 0424524. thereafter the company was converted in to a Private LimitedCompany and consequently the name was changed to Circuit Systems (India)Private Limited on 01st August 2001 and thereafter the company was reconvertedin to public company and the name was changed to Circuit Systems (India)Limited vide fresh certificate of incorporation dated 07th October 2005

The Company is presently in the business of manufacturing PCB, the activity hasbeen carried out since last more than one decade The manufacturing plant of thecompany is located at B 24, GIDC Electronic Estate, Sector 25, Gandhinagar, with

the annual manufacturing capacity of 84000 sq. meters. Gandhinagar is wellconnected by air, rail as well as surface for smooth running of the business.


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Introduction of founding member and Board of Directors

The company is currently managed by Board of Directors comprising of 6Directors.

Mr. Magan H. Patel

Mr. Magan H. Patel is Chairman and promoter of the company has anexperience of 25 years in the PCB business. He is Non Executive and nonindependent director.

Mr. Paresh N. Vasani

Mr. Paresh N. Vasani is Managing Director and promoter of the companycarries experience of 15 years in various capacities. He is Executive and nonindependent director.

Mr. Sharad R. Shah

Mr. Sharad R. Shah is a whole time director of the company. He is looking afterall technical and administrative matters of the company. He carries an experienceof 20 years in PCB industry. He is Executive and non independent director.

Mr. Anand A. Patel

Mr. Anand A. Patel is director of the company. He is Non Executive and nonindependent director.

Mr. Ishwarbhai H. Patel

Mr. Ishwarbhai H. Patel is the director of the company. He is Non Executive and

independent director.

Mr. Ambalal C. Patel

Mr. Ambalal C. Patel is the director of the company. He is Non Executive andindependent director.


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Objective of the company

The main objective of any business company is profit. It is truly said, Profit isblood of business. But it has been found that a truly successful business cant

afford to keep profit as its sole objectives.

The company was promoted with the objective of carrying the business ofmanufacturers, importers, exporters, wholesalers, retailers, buyers, sellers, dealers,assemblers, repairs, converters, assemble, fit, alter, maintain, improve.

Objective of CSIL is to provide best quality product to its customer and alsocreating value to the stack holder.

MOTTO OF THE COMPANY

CSIL Act global with local touch

CSIL gives Service with smile to their customer

Continue to be at fore front of technologies

Keep customers with lead

Provide best quality to the customer


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ORGANISATIONAL DESIGN

Meaning of organization

The term of organization is given a variety of interpretations.

The organization is a system of co-operative activities of two ormore person.

Organization is the process of dividing up of the activities which

are necessary to any purpose and arranging them in group which are assigned ofindividuals.

Types of Organization

Line OrganizationFunction OrganizationCommittee Organization

Line and Staff OrganizationMatrix Organization

CSIL Ltd. adopt line organization as an organization system.


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TOP MANAGEMENT

Generally three levels of management aredistinguished as under:

Top managementMiddle managementLower management

Top management

It is also known as the Board of Directors in a corporateOrganization is the body responsible for policy-making appeal and review ofoperations. The chef executives responsible for the issue of instructions on thebasis of policy formally laid down by board of directors really constitute the topmanagement.

It includes five main officers,

Top management

Manager, Managing director, C.E.O, General Manager, Chairman of thecompany, Board of Directors etc.

About the company

Mr. Paresh N. Vasani is the managing director of the company.Mr. Magan H. Patel is the chairman of the company.Mr. Sharad R. Shah, Mr. Anand A. Patel, Mr. Ishwarbhai H. Patel and Mr.Ambalal C. Patel are also directors of the company


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HIERARCHY

Generally the hierarchy of company has three main levelsthat are,

Top

Middle

Bottom

Company follows the hierarchical chain of command.

In the top management Mr. Paresh N. Vasani is the managing director of the

company and Mr. Magan H. Patel founder chairman of the company.

In the middle management the company has other departments likemarketing department, R&D department and Production department etc.

In the bottom Management Company has workers and labors.


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ORGANISATIONAL STRUCTURE

An organization is the structural framework for carrying out thefunctions of planning, decision making, control, communication, motivation, etc.

The formal structure of an organization is two dimensional horizontal and vertical.

Authority flows down word along these levels. Higher the level,greater the authority and vice-versa.

ORGANISATION CHART

The usual way of depicting a formal organization is by meansof an organization chart.It is a snapshot of an origination at a particular point in time,

which shows, of authority, responsibility and communication among variousdepartments, which are located at level of the hierarchy. The connecting lines onthis chart show who is accountable to whom and who is in charge of whatdepartment.


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ORGANIZATIONAL CHART

CHAIRMAN

MENEGING DIRECTOR

PRODUCTIONHEAD

MARKETINGHEAD

FINANCEHEAD

HRHEAD

DIRECTOR

SUPERVISORS

LOWER LINELABOURS

SALESEXECUTIVES

MARKETREASERCHMANAGER

SUPERVISORS

SALES MAN


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DEPARTMENTALISATION AND ITS BASIS

The horizontal differentiation of tasks or activities intosegment is called departmentalization. As noted earlier, departmentalization is one

important step of building an organization. The aim is to take advantage of thelabors and specialization up to a certain limit.

There are several bases for departmentalization each of whichis suitable for particular corporate sizes, strategies and purpose.

Basis ofdepartmentalization

By products or servicesBy locationBy time

By customersBy function


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PRODUCTION

Meaning of production

Production is the conversion of raw-materials intofinished Products and also spoken of as manufacture of goods.

Production the function of management

In a big unit, generally the Production of goods is doneso it requires management, called Production management. As other manager likefinance manager, marketing manager and production manager etc.


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PLANT LOCATION

Meaning

Plant location refers to setting up of a proper production unit,

which minimizes the cost of production, increase efficiency and maximizes theprofit of the unit.

Plant location is indicates area of the company. Plant locationalso refers to address of the company.

LOCATION OF THE COMPANY

B - 24, GIDC,Electronics Estate,Sector25,Gandhinagar382 044,Gujarat,India.


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Ideal Location

Ideal Location is that from where firm can easily get raw material, powersupply and other instrument. In addition to that customer can easily get the

product. Location of the CSIL is in the GIDC area it is benefited to the companybecause company can get easily power supply and raw material. Disadvantage ofthis location is that it is far away from the customer. But as per my opinion it isappropriate location.


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MANUFACTURING PROCESS

EXISTING PLANTPCB

MANUFACTURE OF SINGLE SIDE AND DOUBLE SIDED PCBThe simple technology for PCBs is single sided PCBs (which is still very popularin entertainment electronics and telephones) where circuit is also on one side andcomponent assembly and soldering on same side. As the design becomes morecomplex, the double sided PCBs are produced. Here there is one component sidewhere components with leads are mounted and solder side where components aresoldered. This is true for leaded components but with evolution of SMD designs,some components are soldered on both sides. This entirely depends on design. Thebasic raw materials used for PCB manufacturing is called copper clad laminateswhere copper foils are bonded with books of glass epoxy material on both the

sides. It is available in various thicknesses.

Single side PCB


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Double side PCB


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STEPS IN MANUFACTURING

1. SHEARING2. CNC DRILLING3. PLATED THROUGH HOLES4. LAMINATION5. EXPOSE/TRANSFER CIRCUIT IMAGE6. DEVELOPING7. ELECTROPLATE COPPER8. ELECTRO PLATE TIN9. FILM STRIPPING10. TIN STRIPPING11. SOLDER MASK12. HOT AIR LEVELING

13. LEGEND PRINT:14. PROFILE15. ELECTRICAL TEST16. QUALITY CHECK

Explanation of the steps

1. SHEARING:Here the laminates are sheared to standard panels.

2. CNC DRILLING:In this process, the panels are stacked in three with top plate and bottom plate andformed like a book. These books are fixed in CNC drilling machines are holes aredrilled as per the Gerber data provided by the user.

3. PLATED THROUGH HOLES:The drilled holes would have lost its continuity between top layer and bottomlayer. Hence they need to be interconnected. It is not possible to electroplatecopper on epoxy material and hence a process called electro less copper plating isused where with only chemical action initial 5 microns copper is built.


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4. LAMINATION:A photo resist dry film is vacuum laminated using a Laminator after thoroulybrushing the surface of panel.

5. EXPOSE/TRANSFER CIRCUIT IMAGE:Using a positive photo tool (which is already prepared in CAD section with respectto customer data) circuit is transferred to panel using ultra violet exposureequipment.

6. DEVELOPING:This chemical process removes the unexposed photo resist in all areas where it isto be taken for electroplating. All other areas are covered with exposed resist.

7. ELECTROPLATE COPPER:This is a electroplating process where 25 to 30 microns of copper is built onsurface of panels and as well has holes.

8. ELECTRO PLATE TIN:In this process (which is done in the same line of copper plating) the circuits arecovered with tin which acts as etch resist during subsequent etching process.

9. FILM STRIPPING:The photo resist is stripped by a conveyors machine chemically leaving exposedthe copper to be etched.

10. TIN STRIPPING:In this process, the tin plating is removed from the top of circuitry by a strippingmachine chemically.

11. SOLDER MASK:Solder mask operation is done to give insulation properties and also to avoid

bridging during soldering is carried out using a screen printing machine. Theboards are thoroughly cured in curing oven so that proper adhesion is achieved. Inthis operation generally only pad and land areas are not covered and the rest ofPanels are masked.


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12. HOT AIR LEVELING:During this process the exposed pad and land areas are covered with solder coatingusing a hot air leveling m/c. In this machine panels are dipped in the molten solderbath vertically and while retracting hot air is impinged by two fronts to backnozzles to make surface even and to clear excess solder in holes.

13. LEGEND PRINT:This is an operation done in screen printing to print the legend as per the given dataand subsequently cured.

14. PROFILE:This is an operation done in CNC routing machine. Here the required size and

profile is generated using a programme previously generated in CAD.

15. ELECTRICAL TEST:ET is an electrical test done for every single PCBs to test and certify tha t PCBmanufactured is ok as per Gerber data and the documents given by customer. Itchecks for continuity, shorts and insulation properties of produced PCBs. Bed ofnails method is used for through hole and simple SMD PCBs and for complexPCBs flying probe test machines are used.

16. QUALITY CHECK:In this, all PCBs are checked with respect to drags and IPC specs and packed anddispatched.


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MANUFACTURING PROCESS - MULTILAYER PCBS

With emergence of more functions in a system, miniaturization of systems andequipments, more complex inter connectivitys it was not possible to accommodatesuch designs in double sided PCBs. Hence the concept of multi layer PCBsemerged. Here additional circuit layers are embedded between outer layers andInterconnections are built through visa.


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Generally there are 5 additional steps as listed below in addition to that of DoubleSided PCBs in manufacturing Multi Layer Boards. They are carried out precedingCNC drilling, except de smear process which is done after CNC drilling.

1. Inner layer preparation2. Inner layer etching.3. Black oxide coating.4. Registration and layers bonding.5. De smears after CNC drilling.

Inner layer preparation:The thin core laminate is laminated with photo resist, circuit exposed anddeveloped using a negative photo tool and unexposed areas are removed bydeveloping.

Inner layer etching:The inner layer circuit thus prepared is directly etched in a mechanized machineand the circuitry is formed.

Black oxide coat:This is a plating operation done on the etched panels. This is done to facilitateproper bonding of layers during pressing.

Registration and layers bonding:The inner layer(s) such prepared are stacked and properly registered with aregistration system and taken to hot and cold press and bonding of layers arecarried out. This is an operation where the layers are bonded under hydraulicpressure with heat. After stipulated time it is allowed to cool under external watercool. A perfect bond/book is the key to good MLB.

De smear:This is an operation carried out in electro less copper plating line to remove any

epoxy smears formed during very high speed drilling preceding electro lessoperation. During very small hole drilling the speed of CNC drilling spindle mayreach 60 to 80,000 RPM which generates enormous heat. The heat thus generatedwill sometimes go beyond the melting temperature of epoxy and an epoxy smear isformed inside the holes which will prevent plating of holes. This chemical processwill clear such smeared epoxies


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Product Portfolio

Conversion of raw-materials into finished products and alsospoken of as manufacture of goods. It is known as product.

In the market and economic there is too much competitioncalled cut throat competition so one type of products. It makes company popularand stronger.

The Company is presently in the business of manufacturing PCB, the activity hasbeen carried out since last more than one decade. The manufacturing plant of thecompany is located at Gandhinagar, with the annual manufacturing capacity of84000 sq. meters.

PRODUCTS OF THE COMPANY

The company is in the business of 3 types of PCB i.e. single sided, double sidedand multilayer.

End Use of products

The companys product is an Industrial product the same is being used as a keycomponent for all type of electronic items. A major industry where product of theCompany is being used is as under:

TelecommunicationsProcess Control EquipmentsComputersDefence ApplicationsAutomobilesSpace ApplicationsAll type of electronic items


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QUALITY CONTROL

In the production department quality control is the mostimportant factor that effecting production department.

Quality may be defined as;

The sum of a number of related characteristic like shape, dimensions,composition, strength, workmanship, finishing, color etc.

It is said that Quality is more important than quantity.If quantity is less butquality is more we can get more profit. In production department quality is mostimportant factor than any other factor.

Quality assurance is an integral and central component of all activitiesat CSIL, The product quality they achieve is a guarantee for low overall costs totheir clients. Their commitment to quality extends throughout the organization andtheir ongoing "Quality improvement plan" regularly reviews their quality control inall areas.

They build the highest quality boards that are in compliance with theinternational standards and specific to customer requirements. They optimize theirperformance through a continual improvement approach and effective processes.

About the company

The company has obtain ISO 9000 certification for quality of production.The company has also obtained TS 16949:2002 certification from DNVNetherlands.

Company ensure that we stay on the leading edge of quality by:-

1.Identifying and imparting training to employees.2.Adapting several verifying test procedures at various stages ofproduction.3.Visual check and measurements at final inspection.


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Introduction

Marketing deals with identifying human and social needs. One of theshortest definitions of marketing is meeting needs profitably. Marketing is a

social process by which individuals and groups obtain what they need and wantthrough creating, offering and free exchanging products and services of value withother. We see marketing management as art and science of choosing target marketand getting, keeping and growing customer through creating delivering andcommunicating superior customer value.

What is marketing?

According to American marketing Association Marketing is anorganizational function and a sets of processes for creating communicating anddelivering values to the customer and for managing customer relationships in waysthat benefits the organization and its stack holders.

Marketing tends to be seen as a creative industry, which includesadvertising, distribution and selling. It is also concerned with anticipating thecustomers' future needs and wants, often through market research.

Essentially, marketing is the process of creating or reorganizing anorganization to be successful in selling a product or service that people not onlydesire, but are willing to buy.

For a marketing plan to be successful, the mix of the four "Ps" must reflectthe wants and desires of the consumers in the target market. Trying to convince amarket segment to buy something they don't want is extremely expensive andseldom successful.


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The Marketing Mix

The set of controllable, tactical marketing tools product, price, place andpromotion that the firm blends to produce response, it wants in the target market.The major marketing management decisions can be classified in one of thefollowing four categories:

Product Price Place (distribution) Promotion

These variables are known as the marketing mix or the 4 P's of marketing. Theyare the variables that marketing managers can control in order to best satisfycustomers in the target market.


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4 P`s of Marketing

The marketers task is to devise marketing activities and assemble fully

integrated marketing programs to create, communicate and deliver value forconsumers. The marketing program consists of numerous decisions on value-enhancing marketing activities to use. Marketing activities come in all forms. Ontraditional depiction of marketing activities is in terms of marketing mix, whichhas been define as the set of marketing tools the firm used to pursue its marketingobjectives. McCarthy classified these tools into four broad groups, which he calledthe four Ps of marketing: product, price place and promotion.

Product

It includes product variety, quality, design, features, brand name, packaging,sizes, services, warranties, returns

Products of the company

The company is in the business of 3 types of PCB i.e. single sided, double sidedand multilayer.

PROMOTION

Method of communicating with customer are varying from company tocompany. Sometimes company makes the promotion of its products by personalselling, social contracts, advertising through brand ambassador; publicity etc.

Promotion includes sales promotion, advertising, sales force, publicrelations, direct marketing.

CSIL is into manufacturing industrial grade printed circuit boards, Its customersare traditionally OEMs and Direct Users like Telecom companies, Defense,Medical Electronics, Instrumentation, power supply etc. To cater these segments,company uses various practices like Trade Shows, direct sales, referral, etc.


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PRICE

Price is the most important factor that affecting on the demand or product inmarket. Company determines policy regarding prices, discount, concession etc.

It includes list price, discounts, allowance, payment period, credit time, toincrease sale, one should always puts some scheme in price of product. Companyshould give some discounts on certain product for certain period.

In a very competitive market like Printed Circuit Boards, prices aregenerally governed by Markets and do not provide too much flexibility. Reliabilityis the only thing that determines a price. Company offers various prices slabs andcredit terms depending on many factors like volume, customer, and technology.

PLACE

Policy regarding outlets for sales, channels of distributionlocation and layout of stores etc. place includes channels, coverage, assortment,locations, inventory, and transport.

Marketing includes many activities. From production of goods

till purchased by the customers. In order to supply the goods to the customer, themanagement depends on distribution system. If distribution system is not proper,the goods will not reach to the customer in time. This will create the dissatisfactionin the customer. So it is very important in marketing.


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TARGET CUSTOMERS

Creation of customers by new policies is the first target of any company.Customers are the heart of unit because if the company produces products but no

one buys its products, it will result into loss. Customers are called king in thecompetitive world.

To make the customers the target of the products, company uses theadvertisement means by which it can attracts the customers.

TOP TEN CUSTOMERS FOR THE PERIOD ENDED 31ST MARCH, 2006

Sr.No Customers Name

1 TVS ELECTRONICS LTD.2 BHARAT ELECTRONICS LTD.3 ESSAE ELECTRONICS PRIVATE LTD4 INDIA NIPPON ELECTRICALS LTD.5 HPL SOCOMEC PVT. LTD.6 SECURE METERS LTD.

7 MTL INSTRUMENTS PVT. LTD.8 CONSOLIDATED DYNAMICS PVT. LTD.9 ITI LIMITED (RB) - ESL-I10 INDUCTOTHERM (INDIA) PRIVATE LTD.

Company has regular customer and they are trying to increase customer base asmuch as possible. Majority of business of the company comes from our regularcustomers.


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PLACE DISTRIBUTION

The distribution of goods in the last, but the most

crucial, phase of process of marketing. A producer or a manufacture has to takepositive steps to bring his product to the notice of potential customers in order toarouse for them and create demand for them.

Each way is a kind of link road between theproducer and final customer. The term channels of distribution refer to the variousalternative link roads, which connect the producer with the customer.


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COMPITITORS

Circuit Systems has created a niche in the area of technology along withtimeliness of delivery of the product. The company has focused on high technology

boards like PCBs with 4 mil standards, lead free finishes, MCL with complexdesigns etc. This gives the company an edge over competitors.

Main competitors are AT&S, Shogini Techno, CIPSA etc.


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CIPSARIC

CIPSA-RIC is a well established business empire today. Technologicalexcellence, Delivery capability, Product perfection and revolutionary pricing areessential strengths of CIPSA-RIC. A clear concept, strategic drive anduncompromising attitude to quality have been the watch words of management tousher CIPSA-RIC into the new era of liberalized economy.

CIPSA-RIC India Pvt. Ltd was a result of merger between likemindedentrepreneurs from India and Spain. Both the Indian and Spanish entrepreneurs arein the professional grade Printed Circuit Board manufacturing since 2 decades.CIPSA-RIC India Pvt. Ltd was a result of merger between likemindedentrepreneurs from India and Spain. Both the Indian and Spanish entrepreneurs arein the professional grade Printed Circuit Board manufacturing since 2 decades.

CIPSA-RIC is one of the leading PCB manufacturers in India; manufacturingSingle, Double and Multi Layer PCBs and catering to Automotive, Energy,Industrial Automation, EMS providers, Telecommunication and Peripheral sectors.Companys product also reaches to OEMs in India and Europe. Companys export

content is over 70%.

Quality system of the company confirms to ISO 9001:2000 and they are in midwayfor TS16949 qualification. Companys current annual capacity of 85,000 squaremeters is getting expanded to 150,000 square meters by next year.

VISION OF CIPSARIC

CIPSARIC, One Stop work for your requirement of Quality Printed CircuitBoards. We believe in Quality. Quality is not a dream but more than a reality withus.

QUALITY POLICY OF THE COMPANY

CIPSA-RIC is committed to deliver Quality PCBs, on time (every time) at theCompetitive price to the Customer and be a reliable partner in their growth. Ourmotto is Customer Delight. This is achieved with the support of Trained andMotivated Workforce, Qualified Vendors and Partners. We follow higheststandards to preserve Environment and for the well being of our people.


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AT&S

AT&S Austria Technologies & Systemtechnik Aktiengesellschaft is Europeanmarket leader and one of the worlds strongest-performing printed circuit board

manufacturers. AT&S is extremely well positioned in the market for high-techHDI Micro via printed circuit boards, which are chiefly used in mobile devices.The Company is also highly successful in the automotive, industrial, and medicalsectors. As a high-growth international enterprise, AT&S has a global presencewith six production facilities three in Austria and one each in India, China, andKorea.

AT&S India achieved Elcina awards 2008/09 for outstanding performances within

Environment Management Systems and Exports for AT&S it is a great honors tobe awarded as one of the leading companies within environment management andexport. It is an exceptional recognition of the comprehensive efforts AT&S Indiahas put into environmental protection and of the outstanding performance withinelectronics manufacturing not only in India but also by exporting its productsworldwide.

AT&S, European market leader and one of the worlds strongest-performingprinted circuit board manufacturers, received the award Achiever of the Year2009 during the first supplier day of TQ-Group held in Seefeld near Munich on

30 June 2009 and is, consequently, one of the Suppliers of the Year 2009.


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EXPORTS

Every country produces those goods in the production which it

is favorably placed on account of its people, etc. by concentrating on those goodsin which it has special advantages, country produce more than it require for its ownneeds, exchange the surplus with other countries against goods which it is lesssuited to produce or which it cant produce at all.

Most of the consumer electronics produced in India is consumed by thedomestic market, with exports forming only 5 per cent of the production. However,exports of electronic goods from India have been growing consistently andconstituted about 2.64 per cent of Indias overall exports in 2003-04. For the year

ending March 2005, the export of electronic goods from India increased by 16 percent to US$1,950 million as compared to US$1,675 million in the year endingMarch 2004. This increasing trend is continued in the year 2005 also and isexpected to continue in near future.

Other key segments that contributed to exports include industrial electronics,computers and consumer electronics etc. The main destinations for Indias exportsare the European Union, Asian countries and the United States.

EXPORT OBLIGATION

At present the Company has no export obligation

COUNTRY WISE EXPORT(FOR TOP TEN CUSTOMERS) AS ON 31STMARCH, 2006Sr.No. Country % of Total sales1 Belgium 8.562 USA 5.62

3 Italy 3.384 Hungery 0.645 Newzeland 0.50Total 18.70


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FINANCE

Meaning of finance

In a modern, money using company, finance may be definedas the provision of money at the time it is wanted.

It is undoubtedly the life blood of business. The ambitious plansof a businessman would remain mere dreams unless adequate money is available toconvert them into reality.

Financial Function of Management

Since finance is the life-blood of any business, its managementmerits special attention. The first aspect to be the estimation of how much abusiness organization requires and for what purposes.


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SOURCES OF FINANCE

There are basically two types of finance from which

finance can be raised.

Internal SourcesInternal source mainly include personal saving, retained profits,

working capital and sale of assets.

External SourcesExternal source mainly include share capital and debenture,

public deposits and commercial banks, loan, financial institute and foreign capital

etc.

Company has obtained finance through issue of share, secured loans and unsecured loans.


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SIGNIFICANT ACCOUNTING POLICIES:

CONVENTION:

The financial statements are prepared under the historical cost convention inaccordance with applicable accounting standard and requirement of the CompaniesAct, 1956.

BASIS OF ACCOUNTING:

The company follows the mercantile system of Accounting.

FIXED ASSETS: (As per Accounting Standard (AS)6

Fixed Assets are stated at cost of acquisition and subsequent improvementsincluding taxes, freight and other incidental expenses related to acquisition,installation and foundation less accumulated depreciation. Leasehold land will bewritten off, in the year in which the respective lease period expires.

DEPRECIATION

From Accounting year 2002-03

Depreciation on fixed assets has been provided on SLM method from theAccounting year 2002-03 as per rates specified in AMENDED SCHEDULE-XIVof the Companies Act, 1956 vide Notification No. GSR: 758(2) dated 16-12-1992on pro-rata basis.

INVENTORIES:

The inventories are valued as under:i) Stores, Spare parts & Packing material at cost;ii) Work-in-progress at cost;

iii) Raw materials at lower of cost or net realizable value.


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IMPORT & EXCISE MODVAT:

The purchase cost of raw material & other expenses have been considerednet ofModvat remaining unabsorbed at the year ending;

ii) Costs of fixed assets are net of modvat, as the said modvat is to be set offagainst excise duties payable in sales.

iii) Value of import includes duties, freight, clearing charges, expenses incidentalto acquisition.

SALES & EXPORTS:

Sales are net of sales rejections for the year under review but inclusive ofexcise duty & sales tax. Rejection quantity of the period under review is notincorporated in Quantitative detail of Production. Sales rejection of the earlierperiod is charged to profit & loss account as sales rejection & shown separately.

WAGES & SALARIES:

Includes PF contribution from employer, salaries to trainees & apprentices.

TAXATION:

Provision for current tax is made on the basis of estimated taxable incomefor the period in accordance with the provisions of the income Tax Act, 1961.


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Introduction of HRM

Meaning:

Management is the planning , organizing , directing and controlling of theprocurement , development , compensation , integration , maintenance andseparation of human resources to the end that individual , organizational , andsocial objectives are accomplished.

HRM is a series of integrated decisions that from the employmentrelationship; their quality contributes to the ability of the organizations and theemployees to achieve their objective


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Scope of HRM:

The scope of HRM is indeed vast. All major activities in the working lifeof a worker- from the time of his or her entry into an organization until he or she

leaves- come under the purview of HRM.

Specifically, the activities included are HR planning, job analysis anddesign, recruitment and selection, orientation and placement, training anddevelopment, performance appraisal and job evaluation, employee and executiveremuneration, motivation and communication, welfare, safety and health, industrialrelations and like.

These scopes help the HR to fulfill the societal, organizational, functionaland personal objectives of the company.

The main scope of the HR activities at CSIL is as follows:

Recruitment and selectionHR operationsTraining & DevelopmentEmployee motivation toolsRewards & RecognitionEmployee engagement activities


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RECRUITNMENT AND SELECTION

RECRUITMENT

Recruitment involves attracting and obtaining as many applications asmany applications as possible from eligible job-seekers.

Definition: - It is the process of finding and attracting capable applicants foremployment. The process begins when new recruits are sought andends when their application are submitted. The result is a pool ofapplications from which new employee are selected.

Factors Affecting Recruitment:

Recruitment is naturally subject to influence of several factors. Theseinclude internal as well as external forces. In external forces supply and demand,unemployment rate, labour market, sons of soil etc are considering. In internalforces HRP, recruitment policy, cost, growth and expansion are considering.

Sources of recruitment:

Internal Sources:

- Present permanent employees- Retrenched or Retired employees- Present Temporary Employees- Department of decreased disable employees


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External Sources:

- Campus recruitment- Private employment agencies- Public employment exchanges- Professional associations- Data banks- Casual applicants- Similar organizations- Trade unions


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SELECTION

Selection is the process of picking individuals, out of the pool of jobapplication, with requisite qualifications and competence to fill jobs in the

organization.

DefinitionIt is the process of differentiating between applicants in order toidentify those with a greater likelihood of success in job.

Selection Process:

1. External Environment2. Internal Environment3.

Preliminary Interview4. Selection Test

5. Employment interview6. Reference and background analysis7. Selection decision8. Physical examination9. Job offers10. Employment contract11.Evaluation

The selection process has a number of specific steps taken to decide whichrecruited should be hired. The process involves grouping the applicants in tounsuitable, appearing to be suitable candidates it needed preference, electing theiropinions getting them medically examined, and making final hiring decisions. Thepurpose is to put square paces in square Holts.


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MAN POWE EXISTING

The present strength of the Company is 94 employees as on 30th September 2006,details of the same are as Follows:

Particulars NumbersAdministrative Staff 29Skilled Personnel 48Unskilled Personnel 17Total 94

Proposed Manpower Requirement:

Particulars NumbersAdministrative Staff 30Skilled Personnel 75Unskilled Personnel 30Total 135


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TRAINING AND DEVELOPMENT

TRAINING

Training is the process of teaching the new and/or present employees the basic skillsthey need to effectively perform their jobs. Training is the act of increasing the knowledge andskill of an employee for doing his/her job.

Definition: - Training is any process by which the attitudes, skills and abilities ofemployees to perform specific jobs are improved.

Types of Training

1. On the job training2. Off the job trainingCompany gives training to all new employees.


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DEVLOPMENT

The term development has broader scope and aim to develop people in allrespects.

Accordingly, development covers not only activities/skills whichimprove job performance, but also those activities which bring about growth of thepersonality, help individuals progress toward maturity and actualization of theirpotential.

In ultimate sense, development refers to behavioral modification ofpeople through continuous learning practices.

Definition: - Executive/management development includes the process bywhich managers and executives acquire not only skills and

competency in their present jobs but also capabilities for futuremanagerial tasks of increasing difficulty and scope.

Training and Development = Standard performanceActualPerformance


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SAFETY AND HEALTH OF EMPLOYEE

SAFETY

Every twenty seconds of every working minute of every hour through theworld someone dies as a result of an industrial accident. This was how the directorgeneral of the British Council described the seriousness of industrial accidents inthis massage good wisher to the seven national conferences on Industrial Safetyand Health organized by the Nation Safety Council, India.

Safety, in simple terms, means freedom from the occurrence or risk ofinjury or loss. Industrial safety or employee safety refers to the protection ofworkers from the danger of accidents.

Definition: -Safety refers to the absence of accidents. Stated differently, safetyrefers to the protection of workers from the danger of accidents.

HEALTH

The well-being of the employee in an industrial establishment is affectedby accidents and by ill health-physical as well as mental.

Company organizes medical checkup every year for all the employeesworked in the organization.


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SOCIAL RESPONSIBILITY

Adolph Berle has defined social responsibility as theManagers responsiveness to public consensus. This means that there can not be

the same set of social responsibilities applicable to all countries in all times. Thiswould be determined in each case by the customs, religions, tradition, level ofindustrialization and a host of other norms and standards about which there is apublic consensus at any given time in a given society.

Corporative social responsibility, if addressed compressively,

can deliver the greatest benefits to a company and its stakeholders when integratedwith business strategy and operation, which can assure your continued businessdevelopment and success.

About the company

Social responsibility of the company is produces world classproduct and satisfies to consumer.

Company select green color for PCB which is eco-friendly.Company also employed women as employer in the company.Company provides accommodation facilities to the worker.


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Awards and achievement

In 1998 Company obtain ISO 9000 certification for better quality of product.

In 2005 Company obtain TS 16949:2002 certification obtained from DNVNetherlands.


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S.W.O.T. ANALYSIS

A scan of the internal and external environment is an important

part of the strategic planning process. Environmental factor internal to the firmusually can be classified and strength (S) or weaknesses (W), and those externalto the firm can be classified as opportunity (O) or threats (T). Such an analysis ofthe strategic environment is referred to as a SWOT analysis.

STRENGTHS OF THE COMPANY

The Company produce world class product.The Company has international market.The Company has good distribution networks in India and all over the world.

WEAKNESS OF THE COMPANY

They have four branches in different city which are only sales office and onlyone production unit in Gandhinagar so, when there is a very huge order then theywill not be able to produce that much of goods.They have not proper way of advertisement.There product is very expensive.

OPPORTUNITY OF THE COMPANY

Company can develop new products and also adopt new technologies.

THREATS OF THE COMPANY

Any Company has big threats from their competitors.


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Conclusion

From this Report of CIRCUIT SYSTEM INDIA LIMITED I haveconcluded that is perfect in its Printed Circuit Boards. The company has great

advantage of location. The company is engaged in manufacturing of professionalgrade Printed Circuit Boards (PCB) for export as well as domestic market. Thetechnology used by the company to manufacture its product is highly complex. Thecompany is rapidly developing in field of Printed Circuit Boards. The company hasresearch and development department so it has more benefits.


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BIBLIOGRAPHY

Marketing ManagementBy PHILIP KOTLER (12TH Edition)

A South Asian Perspective

Human Resources and Personnel ManagementBy K. ASWATHAPPA (4TH Edition)

Financial ManagementBy M. Y. KHAN and P. K. JAIN (3RD Edition)


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Sources of information

www.google.comwww.mycsil.com

http://en.wikipedia.org/wiki/Printed_circuit_boardhttp://www.ats.net/de/index.phphttp://www.cipsaric.com/
http://www.google.com/http://www.google.com/http://www.mycsil.com/http://www.mycsil.com/http://www.mycsil.com/http://en.wikipedia.org/wiki/Printed_circuit_boardhttp://en.wikipedia.org/wiki/Printed_circuit_boardhttp://en.wikipedia.org/wiki/Printed_circuit_boardhttp://www.ats.net/de/index.phphttp://www.ats.net/de/index.phphttp://www.ats.net/de/index.phphttp://www.cipsaric.com/http://www.cipsaric.com/http://www.cipsaric.com/http://www.cipsaric.com/http://www.ats.net/de/index.phphttp://en.wikipedia.org/wiki/Printed_circuit_boardhttp://www.mycsil.com/http://www.google.com/

Final Project on Csil

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