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Presentation on Industrial Training at Akal Springs Ltd. Presented by: Dinesh Grover MBA – 2(B)
Introduction to Automobile Industry in India ,[object Object],[object Object],[object Object],[object Object]
Auto Components Industry ,[object Object],[object Object],[object Object],[object Object],[object Object]
EEPC ,[object Object],[object Object],[object Object]
Activities and Services of EEPC ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
INTRODUCTION TO AKAL SPRINGS LTD. ,[object Object],[object Object],[object Object]
FUTURE PLANS OF AKAL ,[object Object]
Hierarchical Structure of Akal
PEOPLE AT AKAL SPRINGS ,[object Object],[object Object],[object Object]
Main Product Leef Spring
Leef Spring
Exports in Akal Springs Ltd. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Quality at Akal Springs Ltd ,[object Object]
Quality
View of Material Testing Laboratory
Assembly Painting Line
Infrastructure at Akal Springs Ltd
Some more facts ,[object Object],[object Object],[object Object],[object Object]
Research Methodology
Title ,[object Object]
Objectives ,[object Object],[object Object]
Research Methodology ,[object Object]
Need For Study ,[object Object]
Research Methodology ,[object Object],[object Object]
Research Methodology ,[object Object],[object Object],[object Object]
Research Methodology ,[object Object],[object Object],[object Object],[object Object]
Research Methodology ,[object Object],[object Object],[object Object],[object Object]
[object Object]
11 5 4 5 15 6 5 6 0 2 4 6 8 10 12 14 16 Responses USA Russia Sri Lanka South Africa UK Australia Canada Other Countries Graph - 4.1 Countries where auto-parts are exported (N=20)
Graph 4.2 Proportion of exports in total sales  (N=20) 3 1 8 5 3 0 2 4 6 8 10 Below 20 20-40 40-60 60-80 80-100 Proportion of exports in sales(in%) No of responses
Table 4.1 Way of Exporting N = 20 Direct Export Indirect Export Both No of respondents 14 3 3
Table 4.2 Way of Sales Promotion in case of direct export N = 17 No. of Responses Advertisements 3 Direct Marketing 14 Surveys 3 Others 4
Table 4.3 Way of selling through indirect exports N = 6 No. of responses Merchant Export 4 Buying Agent 1 Commission Agent 2 Any other 0
Graph 4.3 Best way of exporting N=20
Graph 4.4 Exporters get export order through 4 15 13 3 11 2 0 2 4 6 8 10 12 14 16 Agent Trader Participation in Trade Fairs Visiting Abroad Advertisement Personal Contacts Any Other Ways of getting export order No of responses
Table 4.4 Factors Considered by the Buyers N = 20 Factors Mean Ranks Price 3.3 Quality 4.2 Delivery Reliability 2.5 Packaging 2.65 Reputation of the firm 2.35
Table 4.4 Factors Considered by the Buyers N = 20 Factors Mean Ranks Price 3.3 Quality 4.2 Delivery Reliability 2.5 Packaging 2.65 Reputation of the firm 2.35
Table 4.5 Problems faced by exporters in execution of export order N = 20 Problems No of responses Inadequate infrastructure facility 4 Unstable govt. policies 10 Protectionists barriers 2 Corruption 8 Inadequate incentives 3 Fluctuating foreign exchange 9 Technical limitations 5 Rejection of consignment 4 Lack of knowledge 7 Letter of credit 2 Cargo / Shipping 3 Monopoly of big exporters 4 Any other 1
Table 4.6 Sources for arrangement of finance for exports N = 20 0 Any other 13 Self financing 0 Govt. bodies 2 Private institutions 16 Banks No. of Responses Sources
Table 4.7 Mode of payment to be received from customer N = 20 0 Any Other 6 Cash Advance 19 Against L/C No. of responses Modes of payment
Table 4.8 Modes of transport used by exporters N = 20 7 By Rail 7 By Road 18 By Sea  11 By Air No. of responses Modes of Transport
Table 4.9 Major problems occurring while arranging the finance N = 20 1.1 Any other 3.6 Changing govt. policies 3.2 Inadequate incentive by govt. 3.6 Non availability of finance on short notice 3.5 High interest rates Mean ranks Problems
Table 4.10 Major competitors globally N = 20 1 Others 3 USA 1 UK 11 Japan 14 China 0 Pakistan No. of responses Countries
Table 4.11 Major problems faced in shipping/air lifting the goods N = 20 1.3 Others 3.4 High transportation cost 3.1 Non-availability of shipping / air 3.65 Time consuming procedure 3.55 Harassment by custom authority Mean ranks Problems
Table 4.12 Satisfaction level for the following N=20 0.40 8 1*(-2) 0*(-1) 13*0 2*(1) 4*(2) Government Policies 0.75 15 0*(-2) 0*(-1) 8*0 9*(1) 3*(2) Facilities by General Insurance Co. 0.70 14 0*(-2) 1*(-1) 8*0 7*(1) 4*(2) Facilities by Shipping line 0.60 12 1*(-2) 1*(-1) 8*0 5*(1) 5*(2) Help from Automobile Association 0.75 15 0*(-2) 0*(-1) 7*0 11*(1) 2*(2) Warehousing 0.75 15 0*(-2) 1*(-1) 7*0 8*(1) 4*(2) Tax benefits Mean score Total  H.dissatisfied (-2) Dissatisfied (-1) Neutral  (0) Satisfied  (1) H.satisfied  (2)
[object Object]
Findings ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Suggestions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Bibliography ,[object Object],[object Object],[object Object],[object Object]
Bibliography ,[object Object],[object Object],[object Object],[object Object]
Bibliography ,[object Object],[object Object],[object Object],[object Object],[object Object]
Bibliography ,[object Object],[object Object]
Thank You!!!!!

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Industrial Training Presentation on Auto Parts Export Challenges

  • 1. Presentation on Industrial Training at Akal Springs Ltd. Presented by: Dinesh Grover MBA – 2(B)
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  • 15. View of Material Testing Laboratory
  • 17. Infrastructure at Akal Springs Ltd
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  • 29. 11 5 4 5 15 6 5 6 0 2 4 6 8 10 12 14 16 Responses USA Russia Sri Lanka South Africa UK Australia Canada Other Countries Graph - 4.1 Countries where auto-parts are exported (N=20)
  • 30. Graph 4.2 Proportion of exports in total sales (N=20) 3 1 8 5 3 0 2 4 6 8 10 Below 20 20-40 40-60 60-80 80-100 Proportion of exports in sales(in%) No of responses
  • 31. Table 4.1 Way of Exporting N = 20 Direct Export Indirect Export Both No of respondents 14 3 3
  • 32. Table 4.2 Way of Sales Promotion in case of direct export N = 17 No. of Responses Advertisements 3 Direct Marketing 14 Surveys 3 Others 4
  • 33. Table 4.3 Way of selling through indirect exports N = 6 No. of responses Merchant Export 4 Buying Agent 1 Commission Agent 2 Any other 0
  • 34. Graph 4.3 Best way of exporting N=20
  • 35. Graph 4.4 Exporters get export order through 4 15 13 3 11 2 0 2 4 6 8 10 12 14 16 Agent Trader Participation in Trade Fairs Visiting Abroad Advertisement Personal Contacts Any Other Ways of getting export order No of responses
  • 36. Table 4.4 Factors Considered by the Buyers N = 20 Factors Mean Ranks Price 3.3 Quality 4.2 Delivery Reliability 2.5 Packaging 2.65 Reputation of the firm 2.35
  • 37. Table 4.4 Factors Considered by the Buyers N = 20 Factors Mean Ranks Price 3.3 Quality 4.2 Delivery Reliability 2.5 Packaging 2.65 Reputation of the firm 2.35
  • 38. Table 4.5 Problems faced by exporters in execution of export order N = 20 Problems No of responses Inadequate infrastructure facility 4 Unstable govt. policies 10 Protectionists barriers 2 Corruption 8 Inadequate incentives 3 Fluctuating foreign exchange 9 Technical limitations 5 Rejection of consignment 4 Lack of knowledge 7 Letter of credit 2 Cargo / Shipping 3 Monopoly of big exporters 4 Any other 1
  • 39. Table 4.6 Sources for arrangement of finance for exports N = 20 0 Any other 13 Self financing 0 Govt. bodies 2 Private institutions 16 Banks No. of Responses Sources
  • 40. Table 4.7 Mode of payment to be received from customer N = 20 0 Any Other 6 Cash Advance 19 Against L/C No. of responses Modes of payment
  • 41. Table 4.8 Modes of transport used by exporters N = 20 7 By Rail 7 By Road 18 By Sea 11 By Air No. of responses Modes of Transport
  • 42. Table 4.9 Major problems occurring while arranging the finance N = 20 1.1 Any other 3.6 Changing govt. policies 3.2 Inadequate incentive by govt. 3.6 Non availability of finance on short notice 3.5 High interest rates Mean ranks Problems
  • 43. Table 4.10 Major competitors globally N = 20 1 Others 3 USA 1 UK 11 Japan 14 China 0 Pakistan No. of responses Countries
  • 44. Table 4.11 Major problems faced in shipping/air lifting the goods N = 20 1.3 Others 3.4 High transportation cost 3.1 Non-availability of shipping / air 3.65 Time consuming procedure 3.55 Harassment by custom authority Mean ranks Problems
  • 45. Table 4.12 Satisfaction level for the following N=20 0.40 8 1*(-2) 0*(-1) 13*0 2*(1) 4*(2) Government Policies 0.75 15 0*(-2) 0*(-1) 8*0 9*(1) 3*(2) Facilities by General Insurance Co. 0.70 14 0*(-2) 1*(-1) 8*0 7*(1) 4*(2) Facilities by Shipping line 0.60 12 1*(-2) 1*(-1) 8*0 5*(1) 5*(2) Help from Automobile Association 0.75 15 0*(-2) 0*(-1) 7*0 11*(1) 2*(2) Warehousing 0.75 15 0*(-2) 1*(-1) 7*0 8*(1) 4*(2) Tax benefits Mean score Total H.dissatisfied (-2) Dissatisfied (-1) Neutral (0) Satisfied (1) H.satisfied (2)
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