Rana Packaging

7/24/2019 Rana Packaging

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CHAPTER I

INTRODUCTION

1.1 INTRODUCTION OF THE STUDY

Rana Packagingis among the high growth industries in India. A high degree of potential

exists for almost all user segments which are expanding appreciably-Processes foods, hard and

soft drinks, fruit and marine products, cosmetics and personal care, office stationary and

accessories, fabrics and garments, white goods and other durables, electrical appliances and

equipments, entertainment and other electronics, shoes and leather ware, gems and jewellery,

toys and sports goods, chemicals and fertiliers. !ue to lower manufacturing costs, India is fast

becoming a preferred hub for packaging production.

"he Indian packaging industry has made a mark with its exports that comprise flattened

cans, printed sheets and components, crown cork, lug caps, plastic film laminates, craft paper,

paper board and packaging machinery, while the imports include tinplate, coating and lining

compounds and others. In India, the fastest growing packaging segments are laminates and

flexible packaging, especially P#" and wo$en sacks.

"he market sie for packaging materials % systems for food, pharmaceuticals, cosmetics,

toiletries, Ind. products, textiles, handicrafts, etc. accounts for &', while rigid % semi-rigid

plastic containers is about ('."he metal and tin containers accounts for )*', glass containers

)*' , corrugated board % boxes +', paper % paper board ' and other ancillary materials

like tapes straps, labels, adhesi$es, etc. - '.

/p gradation, both of functionality and aesthetics, characteries the recent trends in the

industry. #laborate and more expensi$e packaging is penetrating deeper into marketing of

industrial products and e$en agro-based products, like food and personal care products, drugsand pharmaceuticals, consumer durables and electronic products, especially entertainment

products.

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Packaging market sie in India is about 0s 1,*** crore is growing at the rate of )1 per

cent per annum. 2urrently rigid packaging enjoys more than 1' market share but the traditional

rigid packaging users are migrating to flexible packaging in a big way. 3arket sie of

P#"456PP and other flexible film-based manufacturing segment is estimated at around 0s +1

billion. "he cost impact of P#" film and 56PP film on the o$erall packaging cost ranges from

1-1' depending on the product to be packaged. "he main players are Paper Products, Akar

7roup, 6rient Press, India 8oils, 0" Packaging and 3ukund 8lex Pack. Akar 7roup consists of

Akar 9aminations, :harp Industries and ;ishnu ;ijay Packagers. "he o$erall growth rate of the

industry has tapered off to around ('. "he flexible packaging industry is expected to grow at

about )*-)1' per annum in the coming years. "he laminated products are growing at around

*' p.a. "here are about **-


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1.2 PACKING INDUSTRY IN INDIA

"he large and fast growing Indian middle class population and the growth of organied

retail sector are the catalysts to growth in packaging. Packaging of essential products like food,

be$erage, milk, $egetable, food grains and pharma are the key dri$ing segments because of the

huge domestic consumption.

Apart from the huge $alue addition and employment in$ol$ed in these acti$ities,

packaging has ser$ed the Indian economy by helping preser$ation of the quality and lengthening

the shelf life of innumerable products - ranging from milk and biscuits, to drugs and medicines,

processed and semi-processed foods, fruits and $egetables, edible oils, electronic goods etc.,

besides domestic appliances and industrial machinery and other hardware needing transportation.

>ith water becoming a consumer product, polymer material-based bottles are becoming a

uni$ersal presence.

Classificatin f Packaging!

5y :hape ?8orm or :ie@

H"a#$ Packaging %&a'g"(

2ontainer >ooden Packs

)"*i+, Packaging %)i**l"(

2arton 5ox

>o$en 5ag

2an, 5arrel, "ub

&ig-t Packaging %S,all(

8lexible Packaging

5ottles, 2an ?:mall@

Paper 2ontainer

PACKAGING

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8ood Packaging

2osmetics Packaging

Powder Packaging

"oiletry Packaging

!rug Packaging

9iquid Packaging

2lothing Packaging

!angerous Packaging

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1. INDIAN PACKAGING INDUSTRY )ARKET

"he Indian packaging industry itself is growing at )&-)1' annually. "his growth rate is

expected to double in the next two years.

According to the Indian Packaging Institute, Indian Packaging industry is /:! )& billion

and growing at more than )1' p.a. "hese figures indicate towards a change in the

industrial and consumer set up.

"he growth in the packaging industry in India is mainly dri$en by the food and the

pharmaceutical packaging sectors. "he large and growing Indian middle class, along with the

growth in organied retailing in the country are fueling growth in the packaging industry.

Another factor, which has pro$ided substantial stimulus to the packaging machinery industry is

the rapid growth of exports, which requires superior packaging standards for the international

market. >ith this the need for adopting better packaging methods, materials and machinery to

ensure quality has become $ery important for Indian businesses.

"he Indian packaging industry is dominated by plastic flexible packaging. "he traditional

rigid packaging users ha$e also been seen to shift to flexible packaging in recent times.

According to industry sources, the main reasons for this is that flexible packages are found

aesthetically attracti$e, cost-effecti$e and sturdy. 2onsumer preference for the use of con$enient

packaging and packaged products in affordable quantities in laminates is also one of the main

reasons that ha$e contributed to the growth of flexible packaging in India. "he food-processing

sector is the largest user of flexible packaging, accounting for more than 1* percent of the total

demand. "he flexible packaging segment is estimated to be growing at o$er 1 percent annually.

3ajor players in the flexible packaging sector are Paper Products 9td. and 8lex Industries.

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1./ O0ECTIES OF THE STUDY

"o know the risks faced by the 0ana Packaging companies

"o know about the functions of $arious departments of the company

8or gathering practical knowledge about the company

1.3 &I)ITATION OF THE STUDY

"he respondents gi$en by the respondents may not be true

6nly three packing products such as cosmetic boxes, electronic packing box, fruits

box, pia boxes and printed corrugated boxes ha$e been considered for the purpose

of study.

"he study packing Products An Analytical :tudyB has been conducted based on

secondary data. All the limitations and drawbacks of a study while using secondarydata can be seen in this study also.

1.4 SCOPE OF THE STUDY

"his training highlights the scope about 0ana packing industry that which helps the

packing exporters to o$ercome their pitfalls and impro$e their quality and quantity of the

product.

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CHAPTER II

CO)PANY PROFI&E

2.1 PROFI&E OF THE CO)PANY

0ana Package is a firm offering complete packaging solution. >e offer a wide range of

cartons and containers that include Pharmaceutical 2artons, Pia 5oxes, 2osmetic 5oxes,

3ulticolor !uplex 2artons, ;egetable 5oxes, etc. 6ur company since its $ery establishment in

the year )(() is showing consistent growth. >e are continuing to flourish under the due

guidance of our highly experienced 2#6, 3r. Pankaj 9ath. >e ha$e been able to establish a

strong position in the market as the Printed 2orrugated 5oxes 3anufacturer and #xporter.

2ompany Came D 0ana Packaging "echnologies

Address D Eumaran complex

C6 1 0athnasabapathi Puram,

".Eottampatti Palladam 0oad,

Pollachi - &+**+,

"amil Cadu, India.

Fear of established D )(()

3anaging !irector D 3r.0.:#9;A0AG

Phone Cumber D H?()@-&)-++


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2. PRODUCT PROFI&E

Products ha$e great demand both in the domestic and international market. "his is largely

because of the distincti$e features of products likeD

=igh durability and 9ong lasting

/; stable and printable

#asy to stack for the purpose of displaying and selling of products

9ight weight

#asy to ship

"hey are made from best in line raw materials like paper, cardboard, etc. sourced from

reliable $endors. "hey are assured to be accurately printed. "hey ha$e the capacity to carry

products ranging from light weight ones to those weighing )***kg. "hey are a$ailable indifferent sies and specifications and also customiation facility is a$ailable. 6ur products find

application in Pharmaceutical companies, 2osmetic companies, =otels, 0estaurants % 8ast food

centers. All the products are duly checked on different measures in order to assure their

flawlessness. "hey are counted among the well-reckoned 8ruit 5oxes 3anufacturers and

#xporters in India.

Cs,"tic 06"s

2osmetic items need a comparati$ely attracti$e as well as informati$e packing. "hey

offer a wide range of 2osmetic 5oxes that are designed to cater to the requirements of the

clients. "hey are 2osmetic 5oxes ha$e high demand in the market because of their excellent

quality and functional use. "hey are regarded as one of the prominent 2osmetic 5ox

3anufacturers and #xporters in India.

El"ct'nics Packaging 06

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"hey offer a wide range of #lectronics Packaging 5ox that are supplied to $arious

renowned brands in the market. #lectronic 5oxes are proficiently designed in order to keep the

electronic items safe. "hey are considered to one of the #lectronic 5ox 3anufacturers and

#xporters in India. "hey can be a$ailed in bulk quantities and at highly competiti$e prices.

F'+it 06"s

Packaging of the fruits needs to be hygienic and safe. "hey offer supreme quality 8ruit

5oxes that are supplied to $arious $endors in India as well as abroad. "he 8ruit 5oxes offered

itBs assured to keep the fruits fresh and rot-free. "hey are manufactured well-equipped units

loaded with latest technologies. "hey are counted among the foremost corrugated 8ruit 5oxes


Pi77a 06"s

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Pia needs a suitable packing in order to deli$er safely to the clients. "hey offer

premium quality Pia 5oxes that are supplied and exported to $arious companies. "he Pia

5oxes that we manufacture keep the pia fresh and hot when deli$ered to the customers. "hey

are recognied as one of the topmost Pia 5ox 3anufacturers and #xporters in India.

P'int"* C''+gat"* 06"s

"hey are reckoned to be one of the principal Printed 2orrugated 5oxes 3anufacturers,

:uppliers and #xporters in India. "hey offer a wide range of Printed 2orrugated 5oxes that are

appreciated for their optimum quality. "hey ha$e the capability to produce these Printed

2orrugated 5oxes in bulk quantities. "hey are among the preeminent Printed 2orrugated 5oxes


P-a',ac"+ticalCa'tns

Pharmaceutical products like medicines, syrups, etc. need safe and hygienic packing.

"hey pro$ide a range of P-a',ac"+tical Ca'tns that are used in order to deli$er packed

pharmaceutical products to the clientBs end. "hey are known to be one of the prime

Pharmaceutical 2artons 3anufacturers and #xporters in India.

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)+lticl' D+8l"6 Ca'tns

"hey are reckoned to be one of the well-established 3ulticolor !uplex 2artons

3anufacturers and #xporters in India. >e pro$ide supreme quality 3ulticolor !uplex 2artons

that are used for safe packaging. "he 3ulticolor !uplex 2artons offered by them manufactured

in well-equipped units ha$ing hygienic en$ironment. "hey are a$ailable at reasonable prices.

P'int"* 0'c-+'"s

"hey offer a wide array of Printed 5rochures, which are designed as per the clientBs

requirement and specifications. "hey manufacture Printed 5rochures using optimum quality raw

material and offer uniquely designed Printed 5rochures with $aried color combination, sies etc.

"hey are well acclaimed for our Printed 5rochures both nationally and internationally.

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CHAPTER III

DEPART)ENTS FUNCTION OF THE CO)PANY

In 0ACA PA2EA7IC7 "#2=C6967I#: there are $arious functional departments

which performs different functions they areJ

Purchase department

Production department

:ales department

=uman resource department

8inance department

Kuality control department

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.1 PURCHASE DEPART)ENT

"he purchasing department is responsible for pro$iding the materials, components and

equipments required to keep the production process running smoothly. A $ital aspect of this role

is ensuring stocks arri$e on time and to the right quality.

Purchase means Lto obtain ownership of a security or others asset in exchange for money or

$alueM.

"he main aim of the purchase department is to buy good quality raw materials, which is

used to produce good quality paper .0aw materials are purchased from local suppliers and itBs

also imported from countries like #gypt, /:, :rilanka, and #uropean countries.

&cal 'a9 ,at"'ials!

"he company purchases the raw materials through agents. "he price is quoted and gi$en to

the local agents and they purchase the raw materials according to it. 9ocal $endors are from

2oimbatore, "hirupur, "richy, :alem % Eerala. "hey purchase raw materials mainly from kerala.

"he raw materials are transported from $endors to the company by using their own lorry ser$ice

or by the ser$ices of pri$ate transport agents.

I,8'ting 'a9 ,at"'ials!

8or importing the raw materials they ha$e some agents, the agents who are authoried by the

central go$ernment. "hey import the raw materials from /:, :rilanka, #gypt, Australia, and

#uropean countries most imports are through the agents, the agents procure the raw materials

according to the Intimation gi$en.

"he company pro$ides procurement form to it agents which contains the details like,

!etails about procurement price

3ode of transportation

Agent name

:ignature of buyer and recei$er at the port

:ignature of central go$ernment authorities

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"his procurement details are sent to the port authorityBs ?custom officer@, agent to the bank

?9akhsmi ;ilas 5ank, /dumalpet, branch@ and to the go$ernment

D"tails 8'"s"nt in t-" :+tatin f',D

Came of the 5ank

9etter of credit

"ransportation cost

:ubstitution

I# code

:hipping bill

5ill of lading

"hese are the functions performed by the purchase department of Apple Packkage.

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.2 PRODUCTION DEPART)ENT

"he production department set standards and targets for each section of the production

process. "he quantity and quality of products coming out of production line are closely

monitored. In businesses focusing on lean production, quality is monitored by all employees at

e$ery stage of production rather than at the end as is case for businesses using a quality control

approach.

Production means Lprocesses and methods employed in transformation of tangible and

intangibleM.

"he main aim of the production department is to gi$e good quality carton. In this

company they are producing three kinds of cartons. "hey are,

Rigi* Packaging

5ottle, 3etal 2an

>ooden 5ox

3etal 5ox

3etal 5ox, etc

S",i Rigi* Packaging

2arton 5ox

Plastic 5ottle

Fl"6i;l" Packaging

Paper, Plastic

8ilm, Alu- 8oil

2ellophane

!ifferent raw materials are used for each quality of cartons.

Clt- 06"s

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"hey are the well known manufacturer and exporter of 2loth 5oxes, which are fabricated

from stringent quality cardboard. 6ur wide gamut of 2loth 5oxes is supplied in $arious clothes

manufacturing units and textile industries across the globe. >e customie these 2loth 5oxes as

per the clientBs specifications. 2loth 5oxes manufactured by us ha$e gained huge appreciation in

the market for their chief features such as light weight and tamperproof feature.

"g"ta;l" 06"s

"hey pro$ide excellent quality ;egetable 5oxes that are designed to keep the $egetables

safe and fresh. "he ;egetable 5oxes offered by us are manufactured in hygienic conditions and

are tested at different measures in order to pre$ent them from getting stale. >e are considered to

be one of the leading ;egetable 5oxes 3anufacturers and #xporters in India.

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P'c"ss!

P'*+ctin 8'c"ss

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"he raw materials taken by the chain con$eyer to the icon pulp chamber.

Icon pulp is nothing but the mixie it makes the raw materials in to clay state

And it is taken into bimbo pulper ?mm@ which bleaches the used paper by using the

Ca62l+bleach liquor like 2l+which bleaches the paper clearly.

5lade named impeller which is used to make raw material in to liquid state.

2hester is used for recycling all of them.

"hrough the flow line pins and other un wanted materials

9iquid state is flowed in the synthetic cloth which sucks the water out.

And it is under goes processes by -&-+ cylinders which makes the paper rough by

lea$ing enormous heat.

And then it taken to the cutting and Package section.

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. SA&ES DEPART)ENT

"he sales department will seek to make sure that the company has a marketing focus in

e$erything that it does. It will work $ery closely with production to make sure that new and

existing product de$elopment is tied in closely with the needs and expectations of customers.

A useful definition of sales is the anticipation and identification of customer needs and

requirements so as to be able to meet them, make profit and achie$e other key organiational

objecti$es. "he main aim of sales department is to market the products in a well $ersed manner.

8unctions undergone by the sales department areJ

F+nctins!

"he agents helps the company to market their product in foreign countries.

"hey find the market through their agents.

:ales are made based on the orders recei$ed.

2ompany gi$es their agent offers and some schemes for finding good orders.

"he company gi$es no ad$ertisements.

"he agent acts as a indirect sales representati$e

"he exports are done according to procedures laid by the central go$ernment

7oods are exported through ships

9orries are used for mo$ing the goods from the company to the ports.

"o increase their standards they are in$esting 1 crore e$ery year for their o$erall

de$elopment. !aily sales are reported to the head office. :rilanka and #gypt are the main

importers. "hinamalar and "hinaharan are their regular customers for the news print papers. "he

money transactions are done through their agents.

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./ HU)AN RESOURCES DEPART)ENT

=uman resources are the people that work for an organiation, and =uman 0esource

3anagement is concerned with how these people are managed. =owe$er, the term =uman

0esource 3anagement ?=03@ has come to mean more than this because people are different

from the other resources that work for an organiation. People ha$e thoughts and feelings,

aspirations and needs. "he term =03 has thus come to refer to an approach, which takes into

account both.

A department in a company or institution that looks after personnel records, company

benefits, hiring and training of employees etc

=uman resources department main work is to gi$e good working condition to the

worker . "here are +1* workers and 1** indirect workers in factory and +1 staff members in the

office

T$8" f 9'k"'s!

"here are two types of workers they are skilled workers and semi skilled workers.

S-ift!

"here are three shifts morning, e$ening and night shift

!ay shift am to &pm

#$ening shift &pm to )+am

Cight shift )+am to am

>orkers shifts are changed once in a week. there is a shift in charge in maintaining

changes to be made in the shift.

Ti,"k""8ing!

"hrough "ime card system employees worked time is calculated. #ach employee are

gi$en time card.

&"a#"!

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6nce in +* days lea$e is gi$en to the workers on a rotation basis. 9ea$e for workers are

gi$en on special occasions like 3ay ), ayodha pooja, deepa$ali, etcNif the company is on lea$e

they gi$e one day salary.

Offic"!

+1 members are working in the office of APP9# PA2EEA7# these employees are

permanent.


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.3 FINANCE DEPART)ENT

"he finance department of a business takes responsibility for organiing the financial and

accounting affairs including the preparation and presentation of appropriate accounts, and the

pro$ision of financial information managers.

"he main work of this section is to record the transactions receipts and payments done

through cash and as well as bank.

8inancial statements are prepared under historical cost con$ention on accrual basis of

account. #$eryday business transactions are recorded and kept for reference which is referred by

the head of the department.

"he company has working capital limit to .1 crores. >here 9akshmi ;ilas bank

/dumalpet branch pro$ides crores out of .1 crores and the company has made +.1crores as it

share. Gournal is prepared for the e$ery transactions and then it transferred to the ledger."hey are

recording the accounts by using computers and also by manual process.

Cas- ;k!

In this book only the cash transactions are recorded ."he amounts recei$ed are bettered

in the cash book daily by preparing cash receipts and bank receipts.

+'nal ;k!

In this adjustment entries are recorded debit note, credit note details are maintained in

this book. "he company pays an amount of 0s.1* crore per annum by way of excise duty

0s..** crore by way of sales tax and 0s


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&ast / $"a's g'9t- f t-" c,8an$!

In the 0ACA PA2EEA7# there is a stable growth of the company in last & years,

In +*)+-0s +,+


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CHAPTER I

FINDINGS AND SUGGESTIONS

/.1 FINDINGS 7ood customer relationship has been maintained.

7ood #mployer % #mployee 3orale.

2on$enient working en$ironment

2ustomers are highly satisfied

/.2 SUGGESTIONS Increase Production by adopting simplified process through imported machinery.

#ffort should be taken to co$er large areas by appointing more sales person.

Incenti$e to #mployers may encourage them more

"ransport facilities should be pro$ided to employees.

0ent free house shall be pro$ide.

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CHAPTER

CONC&USION

0ana Packkage is a well established unit with && years of existence and it performs well

in its business acti$ities maintaining company customer relationship intact .quality of it product

has been impro$ed. 2ompany also offers credit facilities. it has a good distributing system and

reasonable prising policy for its products.

"his industrial training is more helpful to me to gain knowledge about production process

% functions of all departments. It helps me more in future on how I would could de$elop myself

to the competiting world.

Documents

Rana Packaging