1. A SUMMER TRAINING AT
Swiss Garnier Life sciences
CHENNAI
by
G. Harish Kumar
REG NO: 310914631019
OF
JERUSALEM COLLEGE OF ENGINEERING
NARAYANAPURAM, PALLIKARANI,
CHENNAI-600100
A SUMMER TRAINING REPORT
Submitted to the
FACULTY OF MANAGEMENT STUDIES
In partial fulfillment of the requirements
For the award of the degree of
MASTER OF BUSINESS ADMINISTRATION
JULY-2015

2. TABLE OF CONTENTS
CHAPTER TITLE PAGE NO
FRONT PAGE 1
BONAFIDE CERTIFICATE 2
COMPANY LETTER 3
ACKNOWLEDGEMENT 4
1. INTRODUCTION
overview of industry 5
company profile 8
organizational chart 17
2. Functions and TRAINING
Organizational procedure 18
Details of training undergone 21
3. CONCLUSIONS 26

3. BONAFIDE CERTIFICATE
Certified that this training report is a bonafide work of Mr.G.HARISH KUMAR (Reg.No.
310914631019) who carried out the Summer Training under my supervision. Certified further,
that to the best of my knowledge the work report here does not form part of any other summer
training report or dissertation on the basis of which a degree or award was conferred on an earlier
occasion of this or any other candidate.
SUPERVISOR HEAD OF THE DEPARTMENT

4. ACKNOWLEDGEMENT
I would like to thank, Prof.Ms.J.Mala, M.A.,M.Phil., CEO Jerusalem College of Engineering
for the sustained support in providing all resources required to complete the summer training.
.
I would like to thank DR.M.RAMALINGAM,B.E.,M.S.,Ph.D, principal, Jerusalem College of
Engineering for his support in providing all resources required to complete the summer training.
I wish to regard my sincere thanks to, Dr.T.V. AMBULI VELAYUTHAM M.Com
,M.B.A ,M.Phil ,Ph.D head of the department, Department of Management Studies, Jerusalem
College of Engineering, Chennai for his moral support and continuous encouragement.
I sincerely thanks to K.S. NIVEDHITHA B.TECH., MBA., my summer training guide and all
the staff member of M.B.A Department for their valuable advice and kind cooperation without
which the summer training report would not have emerged as successful one.
I would like to thank SWISS GARNIER LIFE SCIENCES for their guidance and
encouragement throughout my summer training report.
I am grateful to my friends having rendered their helping hands to do this summer training report
successfully. I also express my sincere gratitude to my parents for their moral support and
financial help and who were responsible for my stand at this point.

5. G.HARISH KUMAR
Overview of the Industry
“The Indian pharmaceutical industry is a success story providing employment for millions
and ensuring that essential drugs at affordable prices are available to the vast population of
this sub-continent.”
- Richard Gerster
Pharmaceutical Industry in India
The Pharmaceutical industry in India is the world's third-largest in terms of volume and stands
14th in terms of value. The government started to encourage the growth of drugmanufacturing by
Indian companies in the early 1960s, and withthe Patents Act in 1970. However, economic
liberalization in 90s by the former Prime Minister P.V. Narasimha Rao and the thenFinance
Minister, Dr. Manmohan Singh enabled the industry tobecome what it is today. This patent act
removed compositionpatents from food and drugs, and though it kept process patents,these were
shortened to a period of five to seven years. The lack of patent protection made the Indian market
undesirable to the multinational companies that had dominated the market, and while they
streamed out. Indian companies carved a niche in both the Indian and world markets with their
expertise in reverse-engineering new processes for manufacturing drugs at low costs. Although
some of the larger companies have taken baby steps towards drug innovation, the industry as a
whole has been following this business model until the present.
The Indian pharmaceutical sector has come a long way, being almost non-existent before
1970 to a prominent provider of healthcare products, meeting almost 95 per cent of the country's
pharmaceuticals needs. The Industry today is in the front rank of India’s science-based industries
with wide ranging capabilities in the complex field of drug manufacture and technology. It ranks

6. very high in the third world, in terms of technology, quality and range of medicines
manufactured. From simple headache pills to sophisticated antibiotics and complex cardiac
compounds, almost every type of medicine is now made indigenously.
Playing a key role in promoting and sustaining development in the vital field of
medicines, Indian Pharma Industry boasts of quality producers and many units approved by
regulatory authorities in USA and UK. International companies associated with this sector have
stimulated, assisted and spearheaded this dynamic development in the past 53 years and helped
to put India on the pharmaceutical map of the world. The Indian Pharmaceutical sector is highly
fragmented with more than 20,000 registered units with severe price competition and
government price control. It has expanded drastically in the last two decades. There are about
250 large units that control 70 per cent of the market with market leader holding nearly 7 per
cent of the market share and about 8000 Small Scale Units together which form the core of the
pharmaceutical industry in India (including 5 Central Public Sector Units). These units produce
the complete range of pharmaceutical formulations, i.e., medicines ready for consumption by
patients and about 350 bulk drugs, i.e., chemicals having therapeutic value and used for
production of pharmaceutical formulations. Following the de-licensing of the pharmaceutical
industry, industrial licensing for most of the drugs and pharmaceutical products has been done
away with. Manufacturers are free to produce any drug duly approved by the Drug Control
Authority. Technologically strong and totally self-reliant, the pharmaceutical industry in India
has low costs of production, low R&D costs, innovative scientific manpower, strength of
national laboratories and an increasing balance of trade. The number of purely Indian pharma
companies is fairly low. Indian pharma industry is mainly operated as well as controlled by
dominant foreign companies having subsidiaries in India due to availability of cheap labour in
India at lowest cost. Most pharma companies operating in India, even the multinationals, employ
Indians almost exclusively from the lowest ranks to high level management. Mirroring the social
structure, firms are very hierarchical. Homegrown pharmaceuticals, like many other businesses
in India, are often a mix of public and private enterprise. Although many of these companies are
publicly owned, leadership passes from father to son and the founding family
holds a majority share.

7. The total Indian production constitutes about 13 per cent of the world market in value terms
and, 8 per cent in volume terms. The per capita consumption of drugs in India stands at US$3, is
amongst the lowest in the world, as compared to Japan- US$412, Germany- US$222 and USA-
US$191.

8. Company profile
Swiss garnier is the global pharmaceutical manufacturer specializing in
development and production of innovative pharmaceutical formulations.
It had a humble beginning in 2006 as a contract manufacturing company and today
the company has a turn over 175 crores INR and has three manufacturing facilities catering to
both domestic and international marke
Swiss Garnaier is among the few Indian pharmaceutical companies to have well
equipped manufacturing facilities for almost all dosage form of Tablet, capsule, Liquid, ointment
and Powder (sachet & Bottles).
Swiss garnier by leveraging on its vast experience, technological strength and product
quality has now spread its wings to over 25 countries across the globe.
Swiss garnier’s success has been Acknowledged & Awarded by various reputed Indian
business magazines and it is a proud recipient of the prestigious “Emerging India
Award of 2013”by CNBC & ICICI BANK.

9. VISION:
Swiss Garnier Life Sciences is determined to become a Leading Global Healthcare
provider is the areas of Pharmaceuticals, Alternative System of Medicines and Hospital services
duly providing consistent quality and timely delivery to the utmost satisfaction of all the
associates and customers.
Swiss Garnier is poised to achieve a turnover of 100 million USD by the year 2016.
MISSION:
Swiss Garnier Life Sciences is dedicated to develop, manufacture & market highly
effective and innovative Pharmaceuticals, Nutraceuticals, and Food Supplement Formulations at
its state-of-the art facilities with global standards.
Swiss Garnier is committed to customer satisfaction, employee empowerment and
environmental care.
Swiss Garnier remains focused, committed and passionate are all its actions and efforts.

10. MANAGEMENT
Swiss Garnier is headed by the dynamic MR.M.S.THEIVENDRAN, who
is b.TECH GRADUATE IN Chemical Engineering from Madras University. He was associated
with ONGC for 17 years in R&D & project implementation.
He is supported by dynamic wife, Mrs.T.RETHINAVALLI, a post graduate in science,
who started career by joining the Board of Swiss Garnier along with her husband.
Her dedication, hard work & vision made and enviable balance between administrative
and financial structure of the company for sustenance &continuous growth.
They have also installed erp called projanERP.The cost of installing this erp is around
50lakhs.Every transaction entered in the manufacturing unit will be reflected in the corporate
office. Any changes in the transaction it can be made here.

11. MANUFACTURING;
The major strength of Swiss Garnier is its state of art manufacturing facilities with large
capacity; the company has 3 facilities with the latest machineries to manufacturer formulations
of global standards.
SWISS GARNIER LIFE SCIENCES, Himachal Pradesh
The manufacturing facility comprises of 120000 square feet of built-up area on a 1.8 acres of
land with the following sections:-
• Tablets
• Capsules
• Liquids
• Dry powder
• Topical
• Sachet forms
SWISS GARNIER GENEXIAA SCIENCES, Sikkim
The manufacturing facility comprises of 100000sq.ft of built-up area on 2.67acres of land
with the following sections;-

12. • Tablets
• Capsules
• Dry powder
• Sachet forms
SWISS GARNIER BIOTECH, Himachal Pradesh
The Manufacturing facility exclusively dedicated for Nutraceutical formulations
• Tablets
• Capsules
• Dry powder
• Sachet forms
THE RESEARCH AND DEVELOPMENT
• R&D at Swiss Garnier is fully equipped to undertake formulation
development, analytical development and Microbiological testing
andstability studies to develop different formulations as per the
requirement of domestic and international customers

13. Our innovations
• Voglibose mouth dissolving tablets
• Metoprolol extended release tablets
• Etodolac extended release tablets
• Voglibose with metforming SR tablets
• Liquid enzyme preparation
• Pre & probiotics(BION-3)
• S-adenosylmethionine tablets
• Non-alcoholic minoxidil spray
Quality control and check
SWISS GARNIER considers quality of its products as a way of life and prerequisite to the
customers.
OUR COMMITMENTS
• Build quality in to the product by design rather than relying on testing.
• Maintain high quality of products with consistency.
• Impart continuous training to upgrade the knowledge of each employee.

14. • Make quality a way of life regardless of commercial consequences.
• Maintain the consistency in timely supply.
• Ensure the safety of employees and environment.
DOMESTIC PRESENCE
• DR.Reddy’s
• Abbot
• Fourrts
• Ranbaxy
• PepsiCo
• Biocon
• Glen mark
• Torrent
• Fdc limited
• Intas
• Macleod’s
• Unichem laboratories Ltd

15. • Tiens
• Ttk healthcare
• Franco-indian pharmaceuticals pvt.Ltd.
• Msd
• Wockhardt
• Orchid healthcare
INTERNATIONAL PRESENCE
Swiss Garnier, by leveraging on its vast experience, technological strength and product
quality has now spread its wings to over 25 countries across the globe.
• International plant approvals are available
• A highly committed regulatory affairs team is available to provide documentation
support
• Dossiers in regional, ACTD and CTD formats are available
• More than 400 products are under registration.

16. Different departments present in the organization
• Purchase department
• Sales department
• Finance department
• Manufacturing department
• Costing department
• Quality assurance department
• Quality control department
• Packing
• Delivery

18. Function and training
Department of manufacturing
Under this department where the manufacturer will produce the product based on the
customer specification. These finished products are stored in the warehouse. It will have FGTN
codes (finished goods transfer note). This code is used for verification at the time of the delivery.
It has Raw material stores, production stores and warehouse store.
Procedure that are followed in the organization
Step 1: procurement
In this stage where customer is ask for the production Of the product and they give
specification of the product. e.g.: Paracitamal chemical formulas they are used for producing the
medicine in certain percentage etc.
Step 2: preparation of cost sheet
Once the specifications are arrived the customer will ask for cost that is incurred for
producing the product. So the costing Department will prepare cost sheet and the will formulate
the cost that are involved for producing the product. And this cost sheet will be sent to the
customer.

19. Step 3: verification of the cost sheet
Once the cost sheet is sent to the customer the customer check into those cost that are
present in the cost sheet if there is any change in the price of the product the negotiation will be
made with the purchase department. PPIC (production planning inventory control) and they will
generate the indent and they will raise purchase order (po)
Step 4: start production
Once the price of the product is negotiated the company will start producing the product
based on the customer specification. The products are produced within the given period. Once
the produced they will raise the GRN (Goods Receipt Note). This GRN will be sent to the
finance department then the finance department will prepare the invoice.
Step 5: payment details
Once the products are produced the payment details will be made with finance department
the department will reduce the taxes that are present at the time of purchase of the product. The
company will ask for the credit it may be 30 or 60 or 90 days. Within this given period the
customer has to pay the amount. If it is not made the finance department will ask for the query
with the customer.

20. Step 6: Financial process
The finance department will levee the following taxes.
• Sales taxes 4.5%
• If it is 2% they must give form C
• Mostly they will levee 2% and they will give form C
These are the procedure that are involved in the company
Letter of credit:
Letter of credit is a document given by the manufacturer andthe client. It contains no of
products that are involved in the order and the price of the entire products. For e.g.: if the letter
of credit is Rs 44lakhs then it must contain the no of products that are produced. Transportation
charges that are present etc and other charges that are involved in the package.
If the organization finds that the client is not paying the amount then the bank will pay the
amount to the company. For this the bank will collect some charges from the company.

21. TRAINING UNDERGONE
Income tax scrutanity:
In this process where the company has to show the necessary document that are related
to return that are filed. This Scrutanity will be made only after few years. For e.g. if the company
has filed the return for the assessing year 12-13. The Scrutanity will be conducted within 5 years.
Conditions
• It should contains the Xerox copy of the balance sheet of the company
• Each and every transaction should have necessary bill, receipts.
• Asset like, land, building, machinery, etc their bills must be submitted at the
time of scrutanity.
• Current assets like petty cash, bank etc and their vouchers must be submitted at
the time of scrutanity
• Other expenses like electricity charges, travelling expenses, auditor’s expenses
etc must contain the invoice.
• This invoice must be submitted at the time of scrutanity.
At the time of calling for scrutanity the above document must be submitted to the
assessing officer in the income tax office. The officer will ask the person who represents the

22. company regarding the bills that are submitted and the accounts, transactions that are involved in
the organization that is to be answered to the assessing officer.
Once all the details that are found to be correct the assessing officer will give the letter
that there is any tax that are to be paid by the company or there is no tax involved. This is the
process of income tax filing and scrutanity. This process must be followed in every company
since every company has to pay their taxes to the government. It is the important duty of all
company that is present in India.
Maintaining attendance and allocation of salary
The company has installed various instruments in maintaining their attendances. Every
person in company has to punch his id card before he enters into the office. This machine will
send information to the IT department and from there it is moved to HR department where Hr
manager will take note of their attendance. Based on the days that an employee present the salary
of the employee will be calculated.
Some of the allowance provided by the company
• Only 2 permeations are allowed in a month
• If the employee is late for more than 3 times in a month he will be given half a
day leave.
• If his late prolongs his leave days also increases and his salary will also be
reduced
• If he takes more than 3 days he must inform his

23. Superior and to the head of the department.
These are some of the rules that are followed in the organization while calculation the
attendance. Based on the person attendance the salary is calculated.
Every employee must know the no of days worked and the no of days leave taken by
him. This will be calculated by the HR department. This report will be sent to the Finance
department where the accounts officer will verify the list given by the HR. Then the accounts
officer will allocate the salary based on the no of days that an employee is present.
Sometimes some of the employees may work for overtime. Based on the no of hours
that an employee works. He will be provided with some salary.

24. Steps involved in the payment of salary
• Basic pay
• Dearness allowance
• Travelling allowance
• Provident fund
• Other allowance
• Tax
• This gives salary for the employee.
This is the method that is followed by the organization while Paying the salary to the
employee. The salary will be credited to the employees account through RTGS/NEFT transfer
from the bank.

25. Payment to creditors
This payment to creditors is also made by the company after the specified credit period.
Credit period may vary from one organization to another. The normal credit period is 30 or 90 or
120 days. Since it is a manufacturing company the credit period will be 60 or 90 days. Once the
raw material or any other goods that are arrived in to the manufacturing unit. They will be given
a GRN no.(Good Receipt Note) this no will be sent to the corporate office .Based on this GRN
they will create invoice.

26. CONCLUSION
This summer training helped to know about the organization,Structure, different department
present, their functions, helps to Know how an organization works, the problems involved in the
organization and how to solve them .Steps taken by the top management for further development
and the growth of the organization.