Professional Documents
Culture Documents
UNDERTAKEN AT
SUBMITTED BY
VISHNU A
16MBA14562
1ST SEMESTER
SECTION C
No. 319, 17th Cross, 25th Main, J P Nagar 6th Phase, Bangalore – 560078
Karnataka, INDIA
Mail id. vishnuassrk@gmail.com Website: www.bschool.cms.ac.in
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DECLARATION
previously used for the basis for the reward of other degree. This project is
Karnataka.
constant encouragement and his timely advice for this project report.
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ACKNOWLEDGEMENT
I would also like to thank my study supervisors Prof. Sudarshan V Seshanna for
the constant guidance and support for the successful completion of this study.
Vishnu A
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CONTENTS
CHAPTER I Introduction
5
CHAPTER II
Company Profile 17
CHAPTER III
Organizational Design
40
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CHAPTER 1
INTRODUCTION
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INTRODUCTION
ORGANIZATION STUDY
ORGANIZATION
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Limitations of Organization Study
An in-depth study could not be carried out due to lack of sufficient time.
There are difficulties obtaining data from executives and managers due to
their busy schedule.
The reliability of the data used for the study depends on the company’s
report and information given by the executives.
Methodology
The data for the study has been collected from secondary and primary source.
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INDUSTRY PROFILE
Fast Moving Consumer Goods (FMCG) are products that are sold quickly
at relatively low cost. Though the absolute profit made on FMCG products is
relatively small, they generally sell in large quantities, so the cumulative profit
on such products can be large. FMCG Products are generally replaced of fully
used up over a short period of days, weeks, or months, and within one year. This
contrasts with durable goods or major appliances such as kitchen appliances,
which are generally replaced over a period of several years. FMCG industry
provides a wide range of consumables and accordingly the amount of money
circulated against FMCG products is also very high. The competition among
FMCG manufacturers is also growing and as a result of this, investment in FMCG
industry is also increasing. The industry has a good market potentiality because
of low operating cost and strong distribution networks. Population growth is
another factor which is responsible behind the success of this industry. It creates
a wide range of job opportunities. This industry is a stable, diverse, challenging
and high profile industry providing a wide range of job categories like sales,
supply chain, finance, marketing, operations, purchasing, human resources,
product development and general management.
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competition at various price points especially at the regional levels, enhanced
bribing of customers through freebies, focus on increasing each household care
products are a major segment of the FMCG industry.
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INDIAN OVERVIEW
The Indian FMCG sector is the fourth largest in the economy in globally. As per
The Federation of Indian Chambers of Commerce and Industry (FICCI) the
estimated market size of the FMCG segment in India is s 113,000-crore. The
FMCG industry in India was worth around US$ 16.03 billion in August 2008.The
middle class and the rural segments of the Indian population are the most
promising market for FMCG, and give brand makers the opportunity to convert
them to branded products. Most of the product categories like jams, toothpaste,
skin care, shampoos, etc., in India, have low per capita consumption as well as
low penetration level, but the potential for growth is huge. The Indian FMCG
industry is divided into five primary segments – personal care products,
household care products, packaged food products, branded spirit and tobacco
products as well as health care products. World Bank has indicated that India is
regaining economic momentum and growth is expected to recover gradually and
fulfill its high long-term growth potential. Compared with other sectors, the
consumption story remains intact, though the pace of growth has slowed
compared with previous years. The FMCG sector continues to do well on the
back of robust consumption driven by the sheer size of the Indian economy. We
believe that the improving macroeconomic trends are a positive sign for us.
Despite increasing short-term economic uncertainty and GDP projections being
Revised frequently, consumption in India is expected to touch US$ 3,600 billion
in 2020 from US$ 900 billion in 2010, according to the CII and Boston
Consulting Group (BCG) report on Retail and FMCG. The urban markets in India
are poised for exponential growth in the coming years as the urban population
has been estimated to grow at about 2.3 per cent between 2006-2016 while the
overall population is anticipated to grow at an annual rate of about 1.4 per cent.
Thus, acknowledging urbanization at such a massive scale facilitates multiple
opportunities to domestic and foreign majors to invest and expand their presence
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in the Indian urban markets. The urban markets in India are primarily driven by
the youth and their growth is propagated by better infrastructure and facilities
disseminated by the Government. Urban expansion in India is anticipated to pace-
up unlike anything the country or the world has seen before. It took nearly 40
years (from 1971 to 2008) for India’s urban population to rise by nearly 230
million but it will now take only half that time to add the next 250 million,
according to a report by McKinsey.At the same time, with about 70 per cent of
the Indian population residing in the hinterlands, the rural markets too present a
significant opportunity for business conglomerates.
(ii) Labor cost comparison: Low cost labor gives India a competitive advantage.
India's labor cost is amongst the lowest in the world, after China & Indonesia.
Low labor costs give the advantage of low cost of production. Many MNC's have
established their plants in India to outsource for domestic and export markets.
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(iii) Presence across value chain: Indian companies have their presence across
the value chain of FMCG sector, right from the supply of raw materials to
packaged goods in the food-processing sector. This brings India a more cost
competitive advantage.
The analysis of the FMCG sector of India is carried out on the basis of following:
(a) Pest Analysis: Pest analysis of FMCG sector in India is carried out on
political, economic, social and technological aspects. It is explained below:
(i) Political:
Tax exemption in sales and excise duty for small scale
industries’.
Transportation and infrastructure development in rural areas
helps in distribution network.
Restrictions in import policies.
Help for agricultural sector.
(ii) Economical:
The GDP rate of Indian economy is increasing every year. It is
expected in future it would be better only in comparison with other
countries.
Inflation rate is increasing across the world and India is also no
exception. The government and Reserve Bank of India both are
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trying to control the inflation rate with the help of different
measures.
(iii) Social:
Demographical analysis
The Indian culture, social & life styles are changing drastically.
The total population is nearly 120 crores and
population includes rich, poor, middle class, male, female,
located in rural, urban and sub urban areas, different level of
education etc.
(iv) Technology:
Technology has been simplified and available in the industry.
Where technology is not available then it is brought from foreign
countries to meet FMCG sector requirements.
Foreign players help in high technological development. With
research and development facilities the new technologies are
developed alone or with the help of foreign players.
(b) Main Competitors: The FMCG sector is developing fast and at present there
is high level of competition in this sector. The main competitors are HUL,
Britannia, Nestle, Cadbury, Colgate, Amul, ITC, Dabur, Emami, Nirma and
Marico.
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(c) SWOT Analysis:
SWOT analysis of this sector is carried as follows:
(i) Strengths:
• Well-established distribution network extending to rural areas.
• Strong brands in the FMCG sector.
• Low cost operations
(ii) Weaknesses:
• Low export levels.
• Small scale sector reservations limit ability to invest in technology and achieve
economies of scale.
• Several "me-too’’ products.
(iii) Opportunities:
• Large domestic market.
• Export potential
• Increasing income levels will result in faster revenue growth.
(iv) Threats:
• Imports
• Tax and regulatory structure
• Slowdown in rural demand
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(d) Factors Affecting the Growth
Over the years, demand for consumer durables has increased with rising income
levels, double-income families, changing lifestyles, availability of credit,
increasing consumer awareness and introduction of new models. Products like air
conditioners are no longer perceived as luxury products. The biggest attraction
for MNCs is the growing Indian middle class. This market is characterized with
low penetration levels. MNCs hold an edge over their Indian counterparts in terms
of superior technology combined with a steady flow of capital, while domestic
companies compete on the basis of their well-acknowledged brands, an extensive
distribution network and an insight in local market conditions. With companies
opting for information technology a reduction in inventory levels and an
improvement in the working capital cycle are likely. This will benefit companies
by controlling costs and improving margins.
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mutual funds that concentrate on FMCG companies and instead buy shares
depending upon the company.
It is not necessary that an MNC will be better than an Indian company. One should
look at a company's profile and analyses its prospects before investing in its
shares. It is not that you will lose out by buying FMCG stocks. But, in buying an
FMCG stock, it will be ideal to cash in during short bursts of activity.
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CHAPTER II
COMPANY PROFILE
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COMPANY PROFILE
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These individuals provide leadership and the strategic management edge to
convert vision into cohesive action for achieving the mission of offering
innovative products and ensuring customer delight.
The only constant in life, they say, is change! Change for the better. Change as
synonymous for growth. Change as in reaching out to new territories and change
that accrues with the achievement of objectives.
Jyothy Laboratories Limited represents an example of this phenomenon of
continuous change. A company that began 30 years ago with idealistic values as
its most important raw material! Values that touched upon product features,
customer satisfaction, innovativeness and financial operations. Sure enough, the
Jyothy basket of products reflected those values. Products that clean, whiten,
refresh, delight and protect.
It began with our flagship brand - Ujala - a liquid fabric whitener. A product that
has become a universal symbol of purity and integrity. This was followed by other
products - each an offering that touched the lives of consumers in a binding way.
The cyclothrin powered mosquito repellent 'Maxo'. Utensil cleaners under the
brand name 'Exo'. Fragrance Incense sticks called 'Maya'. A range of personal
care products under the brand name 'Jeeva'. And a new retail space has been
created for 'Fabric Spa', a laundry chain with brand extensions. Add to that the
'Henkel' brand that was acquired by Jyothy, with their basket of product lines.
Each and every step in line with our mission of constantly changing to new and
higher paradigms of growth and diversification.
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ayurvedic soaps and Home Care products include incense sticks, dhoop and
mosquito coils and scrubber, it also include tea and coffee. The company is
headquartered in Mumbai. The company has 28 manufacturing facilities across
15 locations, Trichur, Wynad, Roorkee, Pondicherry, Bangalore, Chennai,
Hyderabad, Bhubaneshwar, Bankura, Guwahati, Baddi, Silvassa, Salem, Jammu
and Pithampur. Most of their units are ISO 9001 and ISO 14000 certified units.
The company exports their products to 14 countries including Sri Lanka,
Bangladesh, Mauritius, Malaysia, UAE, Hong Kong and Saudi Arabia. Jyothy
Laboratories Ltd was incorporated on January 15, 1992 as a private limited
company with the name Jyothi Laboratories Pvt Ltd. The company was originally
started as a proprietary concern in Kerala by M P Ramachandran. In the year
1992, the company commissioned factory in Chennai to make Ujala. In the year
1994, they commissioned a plant in Pondicherry, their first in a backward area
utilizing Government incentives. In the year 1995, the company launched Nebula,
an oil-based antibacterial washing soap in Kerala. In October 6, 1995, the
company became a public limited company and the name was changed to Jyothi
Laboratories Ltd. In August 12, 1996, they further changed their name to Jyothy
Laboratories Ltd. In the year 1997, they launched Ujala all over India. In the year
2000, the company launched Maxo (mosquito repellent) in the state of West
Bengal. Also, they launched Exo, an antibacterial dish water bar in Kerala. Later,
they launched Exo across Karnataka, Tamil Nadu and Andhra Pradesh. In the
year 2001, the company acquired detergents plant at Pithampur, Madhya Pradesh
from Tate Chemicals Ltd. They launched Vanmala washing soap in Kerala and
Maya incense sticks in selected states. In the year 2002, the company acquired
Sri Sai Homecare Pvt Ltd, which has a mosquito coil production facility in
Hyderabad. Thus, Sri Sai Homecare Pvt Ltd became a subsidiary company. Also,
the company launched Jeeva Ayurvedic Soap in the market. In the year 2005, the
company launched Exo Liquid and Ujala Stiff & Shine in South India. During the
year 2006-07, the company started marketing and distributing coffee products
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under the brand name 'Continental Speciale' in a joint venture with CCL Products
(India) Ltd. They acquired trademark and copyright for the brand 'More Light'
and 'Ruby'. Also, they launched extensions in the household insecticide segment
under the brand name 'Maxo' - Liquid and Aerosol. In November 2006, the
company established a 50:50 joint venture company with Shobha Kapoor and
Ekta Kapoor, namely Balaji Telebrands Ltd for marketing and distribution of
Ekta's 'Karyasiddhi Graha Shanti Dhoops'. During the year 2007-08, the company
commenced production in new manufacturing facilities at Jammu in Jammu &
Kashmir for making mosquito repellent coils, Roorkee in Uttarakhand for making
Ujala fabric whitener and Baddi in Himachal Pradesh for Ujala Stiff and Shine.
In March 2008, they launched Ujala Stiff & Shine all over India. During the year
2008-09, the company forayed into service sector through new venture 'Jyothy
Fabricare Services Ltd', a subsidiary company for providing world class laundry
at affordable price at consumer doorstep. They launched Jyothy Fabric Care
Services Ltd and Fabric Spa. They launched Exo Dish wash liquid in all southern
states and Exo Floor Shine products in the State of Kerala. In April 2009, the
company commenced full scale production of mosquito repellent coils in their
Jammu unit. In October 2009, they expanded Exo dishwashing line from South
India to Pan India. In November 2009, they launched fabric Spa at Bangalore.
Also, the company bought technology DEPA, a repellent formulation for
protection from all blood sucking insects and mosquitos from DRDO. In February
2010, they launched multi insect repellant in collaboration with prominent
division of Defense Research and Development Establishment. The company has
proposed to amalgamate Sri Sai Homecare Products Pvt Ltd, a wholly-owned
subsidiary company with the company with effect from April 1, 2010. They have
planned brand extension to take Ujala detergent to other states in a phased
manner. The company is in talks with West Bengal-based detergents and allied
products company Sachem Industries to buy their flagship laundry detergent
brand, Safe. The company has had a history of successful new product launches,
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has had the gumption to enter competitive market segments and create brands that
are either Number 1 or Number 2 or strong challenger brands in every category
where it is present. The bedrock of its success has been great consumer insights,
deep distribution reach, strong execution capabilities, fiercely passionate
employees and an aggressive feet-on-street army scouring all rural markets and
distributing products with great pride, vigor and passion.
These individuals provide leadership and the strategic management edge to
convert vision into cohesive action for achieving the mission of offering
innovative products and ensuring customer delight.
MISSION
Provide brands that denote superior quality, to touch and positively impact
the daily lives of consumers. To ensure that our brands, business operations and
corporate policies translate the core philosophy of offering value for the money
spent to experience our products. Ensure that our people, processes and products
reflect the ideals of integrity, ethics and professionalism.
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VISION
QUALITY POLICY
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PRODUCT PROFILE
The entire production activities of the company having places under the
production department, JLL has a well-established production planning and
control system. The products are:
1. Ujala Supreme
4. Maxo Aersol
9. Jeeva Naturals
10.Maya
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BUSINESS REVIEW
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PRODUCT PROFILE
UJALA
MAXO EXO BAR JEEVA
SUPREME
COILS
STIFF EXO LIQUID MARGO
&SHINE
TECHNO MAXO
BRIGHT PRILL FA
SPRAY
HENKO
MILITERY BREF TOILET
WET AND CLEANER MAYA
Mr.WHITE WIPE AGARBATHI
CHEK
EXO SAFAI
SCRUBBER
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PRODUCTS:
1. Ujala Supreme
Ujala is synonymous with the genesis of Jyothy Laboratories Limited and has
created history in more ways than one. Ujala - the flagship brand of Jyothy
Laboratories Limited marked the beginning of endeavour to offer innovative and
value for money products to the Indian consumer. The product category for a
liquid fabric whitener was literally non-existent prior to the advent of Ujala.
While the “HAVE YOU CHANGED OVER TO UJALA” punch phrase captured
the imagination of people throughout the country, Ujala ushered in a revolution,
with consumers shifting from powder blue to liquid blue. Positioned on the
platform of whiteness and brightness, Ujala is a market leader in its category - the
growing market share is a testimony to the brand’s popularity. Ujala Supreme -
used as a post-wash application for brightening white clothes has an instant
whitening system that assures uniform and consistent results. Ujala Supreme is
available in 9ml, 30ml, 75ml, 125ml and 250 ml bottles.
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2. Ujala Washing Powder
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3. Ujala Stiff & Shine
Ujala Stiff & Shine is a shining example of the product development initiatives
of the R & D division at Jyothy Laboratories Limited. Positioned uniquely to
address the need to keep ensure that clothes retain the crisp feel and a sparkling
appeal, Ujala Stiff & Shine is specially formulated to maintain clothes at their
crisp and shining best. It is suitable for clothes of all fabric type and colours. A
post-wash liquid fabric enhancer, Ujala Stiff & Shine helps provide the stiffness
for that crisp look without the white patches and bad odour commonly associated
with starch. What’s more, unlike the inconvenient and messy experience of using
starch, Ujala Stiff & Shine is handy and easy to use. Ujala Stiff & Shine gives
that special sheen to clothes, making them as good as new - offering premium
quality and utmost care for your laundry. Ujala Stiff & Shine is available in 20gm
sachets, 100ml and 200ml bottles.
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4. Maxo Aerosal
Maxo Aerosol is a must have in your household kit – to ward off pesky pests.
Fully loaded with a potent combination to ward off cockroaches, ants, houseflies,
lizards etc. Maxo Aerosol is formulated to hunt out these pests from their hideouts
and eliminate them. Maxo Aerosol is presented in handy containers of 150ml and
300 ml.
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Maxo Cyclothrin coils have been developed to offer total protection from
mosquitoes. While other mosquito coils tackle mosquitoes only when they come
in proximity to the coil, the unique action of Maxo Cylothrin coil smokes out
mosquitoes from their hideouts and destroys them providing corner to corner
protection and a peaceful sleep all through the night. Besides having a pleasing
fragrance, Maxo is specially designed to avoid breakage while separating the
coils from the packaging. Maxo Cylothrin coils are available in Regular, XL and
Giant sizes and provide protection for 8, 10 and 12 hours respectively.
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7. Exo Dish Wash Bar
Exo Dish wash is yet another offering that draws on the wealth of experience
of our R & D division. The product is not meant to just clean utensils, but also
provide protection form bacteria and harmful germs. Fortified with powerful anti-
bacterial agents, Exo Dish wash bar fights and kills disease causing bacteria that
enter food through contamination of utensils.
The powerful formula removes sticky oil stains, grime and stubborn burnt food
residues from utensils and makes them safe and sparkling. Exo Dish Wash Bar is
available in 190gms and 380gms packs.
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8. Exo Dish Wash Liquid
Exo Dish Wash liquid presents all the potent qualities of the innovative Exo
formulation in a convenient to use liquid variant. Exo Dish Wash Liquid is the
only anti
Bacterial dish wash liquid with Cyclozan as the active ingredient. Convenient and
handy, this is ideal for stainless steel, crockery, cutlery and non-stick kitchen
ware. Exo Dish Wash Liquid ensures streak less glasses, gleaming cutlery and
sparkling dishes while disinfecting them. Exo Dish Wash liquid is presented in
elegantly designed 500ml bottles & 125ml bottles.
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9. Jeeva Naturals
Jeeva Naturals is a range of soaps that encapsulates the goodness of coconut milk.
Coconut milk is nature`s treasure trove of minerals, vitamins, essential oils and
proteins. This is further enriched with other natural ingredients like Kasturi
Manjal, Milk protein and Jasmine, renowned for their skin nourishing benefits.
Jeeva Naturals is available in three variants - Coconut Milk with Milk Protein,
Coconut Milk with Jasmine and Coconut Milk with Kasturi Manjal, and is
presented in 75gm packs.
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10.Maya
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AREA OF OPERATION
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CHAPTER III
ORGANIZATIONAL DESIGN
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STUDY OF ORGANIZATION DESIGN
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ORGANIZATION CHART
BOARD OF DIRECTORS
SUBORDINATES
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Board of Directors
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CHAPTER IV
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BUSINESS LEVEL FUNCTIONS
FINANCE DEPARTMENT
1) Planning of funds:
Careful estimation of total funds require by the manager is called planning
of funds. It can be either fixed or current asset or also working capital
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requirement. The working capital estimation is made by deep analysis as the BSP
which deals with the steel production which needs more capital.
2) Allocation of Funds
Not only planning of funds but also to provide the funds to the proper place
at proper time are also an important task to be done by the financial manager the
financial manager first studies the requirement and then distributes funds. It
spends most of the amount for the improvement of the company’s services and
also for fixed assets like machinery.
3) Investment Decisions
The decision on the investment whether it should be of capital or assets
comprises the investment decision. The investment in capital asset is done after a
careful study over the profitability, safety liquidity and solvency factor of that
asset.
4) Recording of Information
All the transactions are recorded in the journal and posted to ledger. Each
pin of transaction is recorded that takes places as it helps in better control and
effective supervision of funds.
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MARKETING DEPARTMENT
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Sales (All India) – 1362 employees;
Production (21 factories) – employees;
Machine Designing & Fabrication – 90 employees;
Information Technology – 15 employees;
Research & Development – 14 employees; and
Administration (head office and regional officer) – 71 employees.
As at July 31, 2007, approximately 475 of employees at two locations were
members of trade unions and JLL entered into wage settlement agreements with
then. JLL have had no recent strikes or work stoppages and JLL have a good
relationship with the workforce.
PRODUCTION DEPARTMENT
RAW MATERIALS:
Across the products that JLL makes, some of the major raw materials
include HDPE, acid slurry, synthetic organic dye, Koylene, LABSA, Esbiothrin
and brown saw dust. High Density polyethylene (HDPE) is used for packaging
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purposes and it is the largest raw material consumed by the company. Brown saw
dust, required for the mosquito repellent coils is a seasonal commodity and is
stock piled to ensure year round production of coils.
JLL is a large consumer of plastics. The costs of this packaging material
are directly linked to global crude oil prices. A spurt in the same could lead to
reduced margins.
SKILL
Jyothy laboratories believe that employee base is a key competitive
advantage. The senior management team has a breadth of experience in the
FMCG industry. The skills and diversity of employees gives the flexibility to
respond to the needs of our customers and customers. The company dedicated to
development of expertise and know-how of the employees and continues to invest
in them through training and skills. JLL’s well-qualified and experienced
management team has played a key role in the development of good corporate
governance, effective internal controls and accounting policies, strong employee
relation s, and stable supply chain relationships. The organization provides
different types of training for the employees in the different jobs. They are
INTERNAL TRAINING:-
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EXTERNAL TRAINING:-
STYLE
The organization has a Top down style of management. It also has a
Participative style of management where the orders flow from the superior to the
subordinate. It has a two-way communication from both the direction in the
organization. The management gives more importance to the employee’s views
while the decision is to be taken it also considers the farmers views while taking
some decision as it is a cooperative society.
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DISTRIBUTION AND CHANNEL MANAGEMENT
Automation of Secondary Sales and Order booking has been implemented and
eventually all Distributor Claims and Secondary Schemes will be automated
through the same software by the end of this financial year. We have rationalized
our channel margins in line with the competition.
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LEVELS OF MANAGEMENT
The organization has got three levels of management:
TOP LEVEL
It includes board of directors, chairman, managing director and chief
general manager and senior executive come under this level. They are concerned
in determining policies, plans and procedures of the Union.
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MIDDLE LEVEL
It includes all the department heads, Such as, General Manager for
personnel, Financial and Processing department, marketing department.
LOWER LEVEL
It includes all the clerks and employee working under different department.
These clerks and employees are working under the guidance and control of the
departmental heads i.e., of General Manager.
STRATEGY
Jyothy Lab intends to work toward achieving the vision and to grow
business by implementing the following key strategies.
1. Leverage the dominant Ujala brand with other branded fabric care products,
the Ujala Stiff and Shine and Ujala Washing Powder. JLL believe that the
well-known brand equity of ujala and wide distribution reach will help
successfully develop ujala stiff and shine as a national brand and ujala
washing powder as a strong regional brand.
2. JLL plan to increase the market share and presence of the Maxo products
those liquid vaporizers, aerosol spray and coils.
3. JLL intend to utilize wide distribution network and marketing expertise to
attract joint venture partners with existing branded products as well as new
and innovative product ideas.
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4. JLL seek to improve efficiencies and cost from the sourcing of the raw
materials to the supply of products to consumers.
5. JLL seeks to increase focus on supermarket and hypermarket sales.
6. JLL intend to make acquisitions in the future as part of our growth strategy
in India and intend to target acquisitions which will strengthen market position
in key product areas or manufacturing capabilities.
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ACHIVEMENTS AND AWARDS
ACHIEVEMENTS
1. Jyothy Laboratories releases its first print advertisement in the Kerala- based
Mathrubhumi newspaper in 1986.
2. Ujala becomes an INR 100 crore Brand in1999.
3. Diversified into the household insecticide and utensil care segments with the
launch of Maxo and Exo new brands.
4. Acquires trademark and copyright for the More Light and Ruby brands.
5. Moves its registered office to its own building ‘UJALA HOUSE’ in Mumbai
at 2008.
6. Forays into service sector through new venture ‘Jyothy Fabricare Services
Limited’ to provide world-class laundry at affordable price at consumer
doorstep.
AWARDS
1. Awarded the ‘AAA Brand Performance Award’ for Maxo by the All India
Advertisers Association in 2003.
2. Company was awarded the ISO-14001 Certificate and an ISO 9001
certification for all of its manufacturing facilities & R & D Centre.
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CHAPTER V
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FINDINGS
SUGGESTIONS
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CONCLUSION
The study indicate that the positive aspect is that the company insist on good
labour relation and works for good harmony within the organisation .More than
earning profit the company concentrates on many other aspects that it needs to
survive the competition in the market. Company provides its employees with
social and cultural programmes that are very much needed for the employees.
The company has an effective human resource department where in the
employees are given good remuneration, incentives and extensive care is taken
by providing facilities such as canteen, medical facilities, and extracurricular
activities.
Here, we gained the experience & knowledge that can be used for suitable job
without delay after studies.
We learned soft skills appropriate to the work environment. Also get
improvised in communication skills. We assessed career ability, knowledge &
confidence as well as enhanced our marketability to be more competitive.
With experience, knowledge & skills acquired during industrial training we will
be better prepared to face working world.
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