ACKNOWLEDGEMENT

The written words have an unfortunate tendency to degenerate genuine gratitude into stilled formality. However, this is only way which I have to record our feelings permanently. No man is an island; we progress not only by our own efforts, but also by efforts of those around us. First of all I wish to express our sincere thanks to my Project guide Mr. Bhargav B Pandya and Mr.Rajeev Gupta for his Guidance, cooperation and support. I am also thankful to our respected, Executive Director Mr. Anil Kumar Somani a great personality , Dean Dr. Subash Kakkar and other members of our college management team who has been guide in the true sense of words. Without whose guidance and unreserved cooperation, this project never would have materialized. At this point of time I also express my sincere gratitude to whoever has directly or indirectly helped me in completion of this project. I sincerely acknowledge with deep sense of gratitude the invaluable contribution towards the successful completion of my project.

WORLDS NO.1 WATER TANK

PROJECT REPORT ON REDISTRIDUTION OF WATER TANK

SUBMITTED BY: VIKASH KUMAR BHARTI FOSTIIMA BUSINESS SCHOOL AMRIT NAGAR,SOUTH EX-1 NEW DELHI

OBJECTIVE OF PROJECT:
1. TO FIND THE PROBLEMS IN REDISTRIBUTION OF WATER TANK
2. TO STUDY THE ALTERNATIVE WAY OF REDISTRIBUTION OF WATER TANK 3. TO GIVE SUGGESTIONS ON NEW WAY OF REDISTRIBUTION OF WATER TANK 4. TO FIND THE SOLUTION OF THE PROBLEMS

 Sintex Industries Limited (Earlier known as The Bharat Vijay Mills Ltd) has two divisions Textiles and Plastics. In the area of textiles, Sintex has been pioneers in high value fabrics. Plastics Division started in the year 1975 and today Sintex is having most diversified manufacturing capabilities in plastic processing in the world, with 10 plants spread across the country, more than twelve manufacturing processes under one roof, having more than 500,000 Sq. meter area and a more than 1000 strong work force. Sintex has also created extensive finishing, assembling, metal fabrication and concrete products facilities. Combination of such varied capabilities along with our state-of-the-art design and tool room facilities enables us to give vast array of products and solutions.

Sintex has an effective network of 10 manufacturing plants, 12 branch offices, over 500 distributors and around 10,000 retailers spread across India.

History of Sintex
YEAR EVENTS 1931 - The Company was incorporated at Kalol, North Gujarat. The main objective of the company is to manufacture textile goods. The products manufactured are poplins, coatings, shirtings, sarees,dhoties, etc. Counts ranging from 28s to 50s are spun and cloth width ranges from 30 to 56. 1975 - Plastics division was named as Sintex Plast Containers Division. Products manufactured in Plastics division are large size containers of capacities ranging from 60 litres to 1000 litres and 5000 litres for chemical industry. Items like card cans,pallets and baskets for textile industry. 1976 - 40,000 Bonus Equity shares issued in prop. 1:1. 1979 - 40,000 Bonus Equity shares issued in prop. 1:2.

 1980 - The company purchased the land, buildings, plant and machinery and the use of the GOPI trade mark of The New Commercial Mills Co., Ltd. and took possession of the mill on 24th November. - The Company received a letter of intent for the manufacture of synthetic and cotton sewing threads. - An application was made to Government for the approval of foreign collaboration for technical know-how to be supplied by Cousin Freres, France. Owing to recession in the textile industry and also in the economy of the country as a whole, it was decided to proceed slowly on this project. - The Company established Chemicals Division for the manufacture of organic intermediates such as chlorobenzenes, nitrochlorobenzenes, nitrotoluenes, phenylene diamines, anisidines, nitroanilines and chloroanilines. It was decided to set up this factory at Olpad near Surat in Gujarat State. - BVM Polyster And Chemicals Ltd. became a subsidiary of the company.

 1981 - 6 new Lakshmi-Rieter ring frames and 2 diesel generating sets of 250 KVA each were installed. By the end of the year about 80% of the looms in Ahmedabad unit were working on synthetic yarn. - Consequent upon the acquisition of The New Commercial Mills Co., Ltd. the company was to issue 50,000 equity shares of Rs. 100 each of the Company to the non-management shareholders of The New Commercial Mills Co., Ltd. at a premium of Rs. 275 per share in the proportion of 1 equity share held in of the Company to every 2 equity shares of Rs. 50 each. The New Commercial Co., Ltd. 1982 - Due to subsequent change in the Government, it was required to obtain `Carry in Business' licence before establishing the commercial plant. The activities of Chemicals division were suspended for the time being. - During July-August the company offered to the public 68,000 - 13 1/2% secured debentures of Rs. 500 each with a right attached thereto to receive offer from the Company to subscribe for and to be allotted 68,000 No. of equity shares of Rs. 100 each of the company at a premium of Rs. 150 per share in the proportion 1 debenture for every equity share held. - The funds raised through the issue of debentures were to be utilised to augment the long term resources for working capital requirements.

Out of the total debentures, the company offered on a preferential basis 30,600 debentures to resident Indian shareholders and 5,400 debentures to directors, employees and business associates of the company. The unsubscribed portion of the preferential offer was to be added to the public issue. 1983 - A sum of Rs 165 lakhs was spent at the Ahmedabad Unit on new plant and machinery which included humidification in the spinning and weaving departments, replacement of 100 looms by high speed ME automatic looms, one printing soaper machine with drier,one jet dyeing, two jiggers, shearing and cropping machine, 9 newring frames, etc. - The Company proposed to enhance the production capacity from 1,200 tonnes to 1,500 tonnes per year. - 39,613 Bonus equity shares allotted in the prop. 1:6. 68,000 No. of equity shares allotted to debenture holders at a prem.of Rs. 150 per share. 1985 - Pursuant to the order of High Court of Gujarat, 14,00,000 No. of equity shares were allotted to the promoters at the premium of Rs 50 per share was reduced to 8,84,211 shares by cancelling 5,15,789 No. of equity shares to increase the share premium of Rs 85 per share. Equity capital of Rs 51,57,890 was transferred to Share Premium Account.

 1986 - An agreement was executed on 16th September, for the sale of Ahmedabad Unit to M/s. Pickwick Investments, Ltd. and the possession was also handed over to them on the same date. 1989 - Plastics Division agreed to offer technical collaboration for rotationally moulded products to R.C.C. Industries, Ltd., Singapore. - The company received Rs. 2 crores from ICICI by way of advance subscription for the secured nonconvertible debentures issued for them on private placement basis. 1992 - During the year, the Textile Division had diversified its product range into 100% highly sophisticated cotton export varieties both in prints as well as shirtings. The Plastics Division undertook an expansion project. - The company issued 6,93,238-16% secured partly convertible debentures of Rs. 120 each on rights basis. All were taken up. - Another 34,700-16% partly convertible debentures were offered to the employees. Altogether 8,03,274 debentures were alloted. - Part A of Rs. 50 of each debenture will be converted into 1 equity share of Rs. 10 each at a premium of Rs. 40 per share on 15th April 1993. - Part B of Rs. 70 of each debenture will be redeemed in three annual instalments commencing on the expiry of 5th year from the date of allotment of debenture. - Equity shares sub-divided into Rs. 10 each.

 1993 V th phase of expansion-cum-modernisation scheme involving an outlay of Rs. 12 crores was being implemented. 39 nos. airjet looms and 24 no. rapier looms along with other balancing equipments were installed. 1994 - The working of Textile division showed significiant improvement. Margins were under pressure due to steep increase in prices of cotton, wages, D.A. power, fuel and other inputs. - New products like types of doors, sliding windows are the wood substitute product were well accepted in the market. - The company established a joint venture company for marketing of fabric and plastics products in Dubai, the name of Suitex Middle East, LLC in Dubai. - 14,00,000 shares were allotted to promoters. 1995 - Several new varieties were introduced and supplied to the garment manufactures in a regular manner. - Plastics division registered good performance in items of sales and profits. The Plastic division introduced pallets, planters, insulated boxes and garbage bins and chaukthas & sliding windows. In Blow Moulding, new full open mouth drums of 200 & 230 litres capacity.

- Company proposed to increase its thermoplastic processing capacity in its plastics division to 14,076 TPA with a view to introducing new products like pallets & cables spools. It was also proposed to set up a plant for manufacture of Woven Fusible Inter-lining fabrics with a capacity of 10.08 million metres p.a. - In the textile division, the company proposed to increase its weaving capacity by importing 28 nos. rapier looms and certain other indigenous equipments. The captive power plant of 3.8 MW capacity. - For requirement of electricity both the Plastic and Chemical division, company proposed to instal captive power plant. - The company installed five NEPC MICON Wind turbines generators of 225 KW each totalling 1-125 MW at Patelka in Gujarat state. - Paid-Up share capital reduced in lieu of cancellation of 5,15,789 No. of equity shares as per Order of Gujarat High Court Under Section 100 of the Companies Act, 1956. 1996 - The company installed 21 picanol air jet looms for the manufacture of high quality value cotton shirtings and high fashion corduroy fabrics. - The Plastics division developed insulated False Ceilings, SMC products for electrical sector and various speciality molded articles such as Grain Storage Gins, Garbage bins etc.

 1997 - Textile division was able to position itself for up market segment and maintain its presence in the ready made market segments by maintaining its projected growth and through expansion and special emphasis on exports. - The Plastics division introduced a new brand of tanks under the brand name `Reno' to cover the price concious customer range. The company proposed to put more energy on the product range of industrial containers where pallets, bins, baskets. It was also proposed to offer a number of electrical products through the plastics division. - As large sized single piece moulding involve high transportation costs, the Company proposed to set up a new unit at Bangalore for manufacture of this product and to cater to the needs of Southern India. - 14,91,130 bonus shares issued in prop. 1:3. 1998 - Sintex Ind. launches energy-saving windows, which they claim would save energy consumption by nearly 30 per cent. - Sintex forays Into Pharmaceutical sector . 1999 - SINTEX International Limited (SIL) gets United States Food and Drug Administration (FDA) approval to sell its range of homeopathic medicines in that country.

 2000 - The company has completed the expansion project by upgrading its process house in its Textile Division to have continuous process from the batch process at present by installing new imported processing machinery. 2002-Sintex Industries Ltd has informed that Mr Kirtikant S Nanavati has resigned from the Directorship of the Company.Mr Ashwin Lalbhai Shah has been appointed as an additional Director to hold the office till the conclusion of next AGM of the Company.Mr Anil Ahuja and Mr Anurag Mathur also resigned from the Board of the Directors of the Company and Mr P S Chhabra and Mr Girish Baliga are appointed as Directors of the company. -Sintex Industries suspends trading in its NCD series-U3 2003 -Bipinchandra P Patel resigns from the directorship of the company and Smt Indira J Parikh appointed as Director of the company in casual vacancy caused due to the resignation of Bipinchandra P Patel . 2004 -Sintex Industries signs agreement with Containment Solutions. 2005 -Sintex Industries signs MOU for strategic acquisition in Zepplin Mobile System .

 2006 -Sintex Industries Ltd has informed that Mr. Niten Malhan has been appointed as a nominee director of the Board of Directors of the Company in place of Mr. Pulak Chandan Prasad, in terms of the Shareholders Agreement, dated January 29, 2005 entered by the Company with Lightwood Investment Ltd Mauritius, with effect from November 30, 2006. 2007 -Sintex Industries acquires the Automotive products business of Bright Brothers Ltd in an all cash transaction valued at INR 1.

Major landmarks Along the Journey

1975

Moulded Polyethylene Industrial Containers and Tanks of sizes up to 10,000 liters

1977

Material Handling Containers for Industries and Institutions

1978

Water Tank
1985

Plastic Sections for Conversion into Partitions, False Ceilings, Wall Panellings, Cabins, Cabinets, Furniture etc.
1988

Plastic Doors, Windows and Frames

1989

Insulated Containers, Sandwich Panels, Agri Containers and Biogas Holders

1990

SMC and SMC Moulded Products, Pultruded Products, Resin Transfer Moulded (RTM) Products, Blow Moulded Products, Injection Moulded Products etc.

1995

Water Filters cum Purifiers

2000

Solar Water Heaters

2001

Prefabs
2002

Turnkey Blow Moulding & Profile Extrusion Plants

2004

FRP Underground Storage Tanks

2005

ISO 9001 Certification Monolithic Concrete Construction Technology

2006

UL Listed for FRP Underground Petroleum Tanks

DISTRIBUTIORS IN DELHI:
1.M/S Aggarwal Sanitary Sales
Pankha Road, Sagarpur, New Delhi Mobile no: 09811272757 09811272750

Mode of redistribution
-Rickshaw -Tempo

Problem in redistribution of water tank:

a. No entry in most of the areas Timing-11am-5pm 9pm-8am Chalan of Rs 350 b. Chalan due to overloading Chalan of Rs 200 c. Breakage while loading of water tank

2. M/S P.D Arya&Co.

Rajouri Garden Mkt. , New Delhi Contact no: 09811072560

Mode of redistribution:
- Rickshaw - Eicher

Problems in redistribution of water tank :

- Quality of water tank is going down, due to which breakage of water tank occurs while loading and unloading. - Transportation cost has been increased. - No entry For rickshaw 24 hrs in some region For tempo 9am-9pm

3. M/S Sincere Business Group

Nehru Place , New Delhi Contact no-09810036316

Mode of redistribution system

- Rickshaw - Tempo (Tata 407) - Three wheeler

Problems in redistribution system -No overloading can be done

Chalan of Rs 600 - Rickshaw is not allowed - Breakage problem while loading

4. M/S Mittal sanitary store

Kotla, South ex, New Delhi Contact no: 09811716888

Mode of redistribution
- Rickshaw - Tempo (407)

Problems in redistribution system :

- Rickshaw is not allowed in some areas - Overloading is not allowed Chalan of 500 - Breakage during loading of tank

5. M/S Aman agencies

Patpar ganj, New Delhi Contact no: 09811096052

Mode of redistribution
- Rickshaw - Tempo - Three wheeler

Problems in redistribution system

- No entry - Breakage during loading

 Common mode of redistribution :

Rickshaw ( Thela ) Tempo ( Eicher, 407 ) Three wheelers

Common problems facing by every distributor while redistribution :

Breakage problem while reloading ( From distributor to retailer ) No entry for rickshaw No entry for tempo generally from 8am-9pm

Diagram of water tank distribution system:

Factory
(Distribution)

Distributor
*(Redistribution)

Retailers
*Redistribution : - Through rickshaw(Thela),tempo, TATA 407,eicher,three wheelers

Redistribution of water tank:

Redistribution

Tata 407

Eicher

Thela

Tempo

Three wheeler

Retailers

Retailers

Retailers

Retailers

Retailers

 Suggestions for the Problems of redistribution system:

There should be a customer care department, who can take the request of breakage and send people for repairing of breakage. The water tank should be included in the essential goods because these goods are having permission of 24hrs transportation.

 We can change the shape of water tank also

Current shape of water tank Suggested Models

 By changing the shape we can fill the space which remain vacant while loading of cylindrical water tank. By doing that we can use the save space for loading of more water tank, which will increase the no. of water tank loaded.

Change in shape will also help the distributors in redistribution system.

Color of water tank can also be changed from black to white because white color is less heat absorber than black.

 Competitors of SINTEX

:
Market price(Rs/lit)
3.0 2.5 5.0

Competitors name
Sheetal Jindal Frontier

These are main competitors of sintex. There is no doubt that sintex is market leader in water tank with having 62% market Share but we should also be aware of our competitors like Sheetal, Frontier, Who are doing good in some areas. For that we need to aware our distributor and customer benefits of using Sintex water tank. We should also have good after sales services Like repairing for breakage on customer side . There is also need for us to come with new types of water tank like heat insulated water tank.