an organisation study at hightemp furnaces ltd, bangalore

AN ORGANISATION STUDY

AT

“HIGHTEMP FURNACES LTD, BANGALORE”

An Internship Report submitted in partial fulfillment of the requirement for the

Award of the Degree of

Master of Commerce (Finance & Accounting)

Of

BANGALORE UNIVERSITY

By

JENNIFER DICKENS

Register no: 15KSCFCO12

Under the Guidance of

External Guide Internal Guide

Mr.Ravindra Kammar Mr. Arshad

General Manager Faculty member

INDIAN ACADEMY CENTRE FOR RESEARCH AND PG STUDIES

HENNUR CROSS, HENNUR MAIN ROAD, BANGALORE-560043

2016-2017

INDIAN ACADEMY CENTRE FOR RESEARCH AND PG STUDIES

Bangalore-560043

Ms. Jennifer Dickens III SEMESTER, MCOM (F&A)

Register no: 15KSCFC012

Indian Academy Degree College

Bangalore-560043

DECLARATION

I hereby declare that this Internship Report entitled “An Organization Study at “High Temp

Furnaces Limited, Bangalore” submitted to the Bangalore University in partial fulfillment of the

requirements of Master of Commerce (F&A) program is a bonafide work carried by me, under the

guidance of Mr.ARSHAD . This has not been previously submitted to any other university or institution

for the award of any Degree/Diploma/Certificate or published any time before.

Date: 25/10/2016 Signature of the Student

Place: Bangalore

INDIAN ACADEMY

CENTRE FOR RESEARCH AND PG STUDIES

Bangalore-560043

Mr. Arshad Dr. E. Jerome Xavier

Faculty and the Guide Principle

CERTIFICATE

This is to certify that Ms. JENNIFER DICKENS (Reg No :15KSCFC012) studying in III Semester,

M.COM (F&A) at Indian Academy Degree College has successfully undergone Internship Project at

High Temp Furnaces LTD, Bangalore and he has prepared a report entitled “An Organization Study

on HIGH TEMP FURNACES LTD, BANGALORE ” under the guidance of Mr.ARSHAD, Faculty

Member, Indian Academy.

This is submitted to Bangalore University in partial fulfillment of the requirements of the

University for the Award of MASTER OF COMMERCE (F&A) Degree for the academic year 2016-

2017.

Date: 25/10/2016

Place: Bangalore

Signature of the Guide Signature of the Principal

ACKNOWLWDGEMENT

I am glad to use the opportunity to express my gratitude to all of them who are connected in

bringing out this report.

I wish to express my special thanks to our Chairman, Dr. T. SOMASEKHAR and Principal, DR.

E. JEROME XAVIER and BANGALORE UNIVERSITY for giving me an opportunity to do this project.

I express my heartfelt thanks to my HOD Mr. Jaffer C Mohammad and my guide Mr. Arshad,

Indian Academy, for his valuable advice, guidance and support to complete this Project successfully.

I sincerely thank the General Manager and staff of various departments of High Temp Furnace

Limited, for their valuable co-operation throughout the project.

I am particularly grateful to Mr.Ravindra Kammar, General Manager, for giving me an

opportunity to do this internship and guiding me throughout the internship program.

I am also thankful to my family, friends and all those who have helped me directly and indirectly

in bringing out this report successfully.

Date: 25/10/2016 Ms. Jennifer Dickens

Place: Bangalore REG NO: 15KSCFC012

Sr. No CONTENT PAGE NO

1.

INTRODUCTION 6

2. INDUSTRY PROFILE 12

3. COMPANY PROFILE 14

4.

ORGANISATION STRUCTURE

40

5. SWOT ANALYSIS

68

6. FINDINGS, SUGGESTIONS AND CONCLUSION

72

7. BIBLIOGRAPHY 76

An Organisation study at HighTemp Furnaces Ltd

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CHAPTER 1 INTRODUCTION

An organization is a tool used by people to coordinate their actions to obtain

something they desire or value, which is to achieve their goals. Value creation takes

place at three stages: input, conversion and output. The way an organization chooses

and obtains the inputs it needs to produce goods and services determines how much

value the organization creates at the input stage. The amount of value the organization

creates is a function of the quality of skills, including the ability to learn from and to

respond to the environment. An organization study is the systematic study and careful

application of knowledge about how people - as individuals and as groups - act within

organizations

Incorporated in 1971 at Mumbai, HTFL has witnessed a steady growth over the

years - from being a builder of small ovens and laboratory furnaces to become one of

India‟s best known manufacturers of Heat Treat Furnaces. What sets us apart is the fact

that HTFL offers both Atmospheric Heat Treatment Furnace Systems and Commercial

Heat Treatment. Powered by the largest Commercial Heat Treatment facility in India,

the company services address the varied requirements of a global clientele that

includes renowned Indian and foreign multinationals.

HTFL has a comprehensive furnace manufacturing facility - spread over a 75,000

sq ft area - designed to conceptualize and build advanced atmospheric heat treatment

furnaces. The Commercial Heat Treatment Divisions, located at the industrial clusters of

Delhi, Pune, Chennai and Bangalore, command a total area of 598,950 sq ft.

Regular quality audits of products & services, sustained emphasis to guarantee

consistent quality, compliance to meet customer & statutory requirements have enabled

the company to exceed expectations and ensure customer delight.


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Objectives of study

To familiarize with a business organization to relate theory with practice.

To understand the organisation culture and structure.

To learn about different departments and its functions.

To understand the hierarchy of the organisation.

To familiarize with the corporate world.

Scope of study

To understand about the company, its core capabilities, organisation structure,

departments. The study also covers the approach of the company towards different

requirements of the clients and how they provide solutions.

Research Methodology

Research Methodology implies more than simply the methods intended to collect data.

It is important to be careful while collecting data which is useful for the study as it

directly affects the findings of the study.

To study a big organization like High Temp Furnaces LTD, I have used two methods

of data collection: - Primary data and Secondary data collection methods.

Primary Data

Primary Data is information that are collected specifically for the purpose of the

research project. It is specifically tailored to the research needs. By interviewing,

observation and interaction with the managers and employees of the company.

Secondary Data

Secondary data are the data that are collected by some other people for some

other purposes and currently available for study. Secondary data used were

Company annual report like balance sheet and profit and loss account.


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Other company reports like HR reports of employees, memorandum of

association, circulars or notices of company etc.

Limitations

The study is confined to only one company.

As the managers are busy in their daily schedules; it was not possible for me to

spend more time in interaction with them.

Some core data could not be collected due to confidentiality policies of the

company.

Time spent with some knowledgeable and experienced employees was limited

as they were busy with their working schedules.

About Internship

An internship is an opportunity offered by an employer to potential employees,

called interns, to work at a firm for a fixed, limited period of time. Interns are

usually undergraduates or students, and most internships last for any length of

time between one week and 12 months.

Internships (also called "placements", "work placements" or "industrial

placements") may be part-time or full-time. They are usually part-time if offered

during a university semester and full-time if offered during the summer, winter or

Easter holidays, when they typically last 4-12 weeks. Placements are usually full-

time, and take place irrespective of term time or holiday time.

Internships offer students a period of practical experience in the industry relating

to their field of study. This experience is valuable to students as a means of

allowing them to experience how their studies are applied in the "real world", and

as work experience that can be highly attractive to potential employers on a

candidate's CV.


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Interns are usually university students, or university graduates who have not yet

found employment. Interns are less frequently college students (under 18 or older

“career changers”.

An intern is someone who works in a temporary position for an employer that

operates in an industry they are interested in working in. Unlike conventional

employment, internships have an emphasis on training, rather than employment

itself.

An internship provides a great opportunity for prospective employees to gain

experience in a particular field or industry, determine if they have an interest in a

particular career, create a network of contacts, or gain university module credits.

Interns may also have the possibility of putting themselves forward for

forthcoming opportunities for paid work, during their internship.

Purpose of Internship

The purpose of Industrial Training is to expose students to real work of

environment experience and at the same time, to gain the knowledge through

hands on observation and job execution. From the industrial training, the

students will also develop skills in work ethics, communication, management and

others. Moreover, this practical training program allows students to relate

theoretical knowledge with its application in the manufacturing industry. The

objectives of industrial training are:

To provide students the opportunity to test their interest in a particular career

before permanent commitments are made.

To develop skills in the application of theory to practical work situations.

To develop skills and techniques directly applicable to their careers.

Internships will increase a student's sense of responsibility and good work habits.


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To expose students to real work environment experience gain knowledge in

writing report in technical works/projects.

Internship students will have higher levels of academic performance.

Internship programs will increase student earning potential upon graduation.

To build the strength, teamwork spirit and self-confidence in students life.

To enhance the ability to improve students creativity skills and sharing ideas.

To build a good communication skill with group of workers and learn to learn

proper behavior of corporate life in industrial sector.

The student will be able instilled with good moral values such as

responsibility, commitment and trustworthy during their training.

Benefits of Internship

Take advantage of low-cost labor. Interns are an inexpensive resource. Their

salaries are significantly lower than staff employees, and you aren't obligated to

pay unemployment or a severance package should you not hire them on fulltime.

Moreover, while their wage requirements are modest, they're among the most

highly motivated members of the workforce.

Find free-of-charge. Internships.com allows you to post your employer profile

completely free of charge. This means you get extensive exposure to the top

colleges and candidates without putting a dent in your recruiting budget.

Give back to the community. As a small business, you likely rely on

community support. Creating an internship program is an excellent way to give

back. Hiring interns not only helps students in your community get started; it

enhances the local workforce as a whole.

Support students. Internships provide students numerous perks: They gain

experience, develop skills, make connections, strengthen their resumes, learn

about a field, and assess their interest and abilities.

Benefit your small business. When looking for fulltime work, the top talent

often goes for big-name businesses. But when seeking internships, learning is


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the leading draw. Many candidates feel they'll get more hands-on training, real

experience, and mentoring opportunities with smaller organizations.


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CHAPTER 2

INDUSTRY PROFILE

About Manufacturing Industry:

An industry which has undergone a radical shift in its paradigm thinking is the Indian

machine tool industry which is now recognized as a provider of low cost high quality

lean manufacturing solutions. The industry supports all its users to enhance productivity

as well as improve competitiveness, for the betterment of the final customer. Being an

integral sector, growth of the machine tool industry has an immense bearing on the

entire economy, especially India‟s manufacturing industry. It is even more crucial for the

development of the country‟s automobile industry.

India is the 18th largest producer of machine tools in the world. The Machine Tools

industry consists of about 450 manufacturing units, of which about 150 are in the

organized sector and international companies like DMG & Makino amongst others

which import machines for selling. The top 10 manufacturers accounts for almost 70%

of the total output. Domestic manufacturers account for about 45% of the total Indian

machine tool market.

The Indian Manufacturing Industry has the potential to elevate much of the Indian

population above poverty by shifting the majority of the workforce out of low-wage

agriculture.

Manufacturing sector is the backbone of any economy. It fuels growth, productivity,

employment and strengthens agriculture and service sectors. Astronomical growth in

worldwide distribution systems and IT, coupled with opening of trade barriers, has led to

stupendous growth of global manufacturing networks, designed to take advantage of

low-waged yet efficient work force of India. „Indian Manufacturing‟ sector is broadly

divided into-


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Capital Goods & Engineering.

Chemicals, Petroleum, Chemicals & Fertilizers.

Packaging

Consumer non-durables.

Electronics & IT Hardware.

Gems & Jewellery.

Leather & Leather Products.

Mining.

Steel & non-Ferrous Metals.

Textiles & Apparels.

Water Equipment.

India‟s Manufacturing Industry has the potential to touch US$ 1 trillion by 2025.

There is potential for the industry to account for 25-30 percent of the country‟s GDP

and create up to 90 million domestic jobs by 2025.

The Government of India has an ambitious plan to locally manufacture as many as

181 products. The move could help infrastructure sectors such as power, oil & gas,

and automobile manufacturing that require large capital expenditure and revive the

Rs. 185000 crore (US$ 27.14 billion) Indian capital goods business.

India is an attractive hub for foreign investments in the manufacturing sector.

Several mobile phone, luxury and automobile brands, among others, have set up or

are looking to establish their manufacturing bases in the country. With impetus on

developing industrial corridors and smart cities, the government aims to ensure

holistic development of the nation. The corridors would further assist in integrating,

monitoring and developing a favourable environment for the industrial development

and will promote advance practices in manufacturing.


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CHAPTER 3

COMPANY PROFILE

Incorporated in 1970 at Mumbai, High Temp Furnaces LTD, now a subsidiary of

Dowa Thermotech Company LTD, Japan has witnessed steady growth over the years.

From being a builder of small ovens and laboratory furnaces to become one of the

India‟s best known manufacturers of the Heat treat Furnaces. What sets the company

apart is the fact that HIGHTEMP offers both atmospheric Heat Treatment Furnace

Systems and commercial Heat Treatment.

COMPANY OVERVIEW:

Established in 1970 High Temp Furnaces Ltd has managed to grow as one of the

leading furnace manufacturers in India as well as abroad. High Temp Furnaces as

an organization has come a long way before it flourished as a prominent furnace

manufacturer.


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It was founded by Mr. Balakrishna and Gopal Mahadevan. Initially HTFL was

registered as a private limited company with very less Authorized capital. Initial

capital was raised as 100rs per share. But after 10 years of activity HTFL had

managed to achieve massive turnover which crossed the limits easily because of

why it became a Limited company.

On 17th Jan 1971 HTFL was registered with the Income Tax Department. Initially

HTFL dealt with the manufacturing of ovens, electrical heaters etc. They first started

serving bakeries with large ovens according to the design they gave and according

to their particular specifications. They were widely accepted and slowly the demand

started to go up.

In 1986 according to the rising demand, company started manufacturing furnaces.

The company was just manufacturing the furnaces according to the specific

requirements given by the customer (Tailor made). 10 years down the line the

company has managed to manufacture big furnaces according to the customer‟s

specifications.

Company had earned goodwill in the period of 10 years because of which the

company started receiving orders from abroad. In 1996 HTFL carried out its first

export as the customer being USA. Then the company became regular in the export

market and followed the method of manufacturing according to the customer‟s

requirements. The company was very particular in making sure that the product was

damage free and as a result an employee from the company would go to the buyer

country and stays there for one year to make sure that the product is installed

properly and it works efficiently.

Then the Japanese manufacturing giant Dowa and TTI group came forward to have

a joint venture by participating in the equity and giving their technical logo or

services.


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Then in 1996 the domestic automobile industries started approaching the company

with the requirements of heat treatment for their spare parts which is manufactured.

Then the company‟s engineers started manufacturing furnaces according to their

requirements.

Apparently the company started manufacturing for commercial heat treatment

purpose. The first branch of the company was set in Pune because of the already

established automobile industry over there. The second branch was started in

Gurgeon, Haryana because of liberalisation through which the company saw huge

opportunity over there.

Because the company could not meet the huge demand that arose across South

India, it had to open its third branch in Chennai. Then the company also had to deal

with the massive demand that arose for furnaces because of which the branch in

Peenya Bangalore was not enough. Then another branch was established in

Nelamangala in 2006, only for the manufacturing of furnaces.

Then 2 other branches were started in Yeshwanthpur and Bidadi which were solely

established for the manufacturing of the furnaces.

HTFL exclusively does the Heat Treatment for BOSCH and other major companies

in Karnataka.

Profile of Hightemp Furnaces Limited:

Company Name HIGHTEMP FURNACE LIMITED

Head Office

1C, 2nd Phase, Peenya Industrial Area,

Bangalore – 560058, Karnataka, India

Managing Director M.Gopal


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Performance

HTFL has continued to maximize the strong customer base for industrial

furnaces and for commercial heat treatment by maintaining the impeachable track

record of quality and delivery efficiency which resulted in comparatively better strength

in revenue considering the effect of recessionary trends in the economy specifically

affecting the automobiles / auto components industry.

As a natural consequence the customers placed continuous orders for the

company‟s products and services; besides new customers who placed their confidence

in the company. In spite of the slowdown in the economy, broadly affecting the

industries, the company achieved total income of Rs 9918.69 lakhs registering an

increase of only 13.607% over that of the previous year.

Established Date 16 April 1970

Capital INR 12,25,00,000

Promoters of the company Mahadevan G & Mr. G. Balasubramaiam

Land Area (Peenya) 589,950 Sq ft

Building Area (Peenya) 75,000sq ft

Total number of employees 136 on roll employees and 75 contract

employees.

Product Furnace Manufacturing, Commercial Heating

Main Customer More than 350

Production Capacity On an average 60 numbers of furnaces of

various specifications every year. Furnaces are

manufacture to maintain a temperature of 8000 to

18000 temperature.


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After absorbing additional cost of technical knowhow for new projects, the

company has posted profit before taxes of Rs 79.54 lakhs as compared to Rs 397.67

lakhs in the previous year in spite of higher provision of depreciation owing to the

implementation of expansion project.

The profit after tax provision for deferred tax liability, for the year under review,

stood at Rs 72.53 lakhs as compared to Rs 406.04 lakhs in the previous year.

During the year under review Dowa Thermotech Co Ltd, Japan increased stake

in the company up to 80% by acquiring shares from other shareholder and hence the

company has now become a subsidiary of Dowa Thermotech Co Ltd.

ABOUT HIGHTEMP FURNACE LIMITED:

Brightest technical talent in the furnace technology

World class facility spread over across 75000 sq ft.

Renowned customer base at home & around the globe.

Internationally quality certifications.

High temp Furnace Ltd is the largest third party commercial heat treatment

company in India.

Installation of over 2000 furnace till date globally.

24X7 the Hightemp Furnace Ltd works for 365 days for 24hours.

INTERNAL CONTROL SYSTEM AND THEIR ADEQUACY:

Effectiveness of Hightemp Furnace Limited continues to remain committed to maintain

high standard of internal control design to provide adequate assurance on the efficiency

of operations & security of its assets. The adequacy & the internal control across

various activities as well as compliance with laid down systems and policies are

comprehensively and frequently monitored by the management at all levels of the

organization.


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The system of budgetary control, cost control and reduction which has been followed

and helped the company in controlling the cost of operations. The company is in the

process of introducing more system and control for monitoring the operations, risk

management, corporate governance and over all compliance with internationally

acclaimed management practices.

NATURE OF BUSINESS:

HIGHTEMP FURNACE LTD., is manufacturing of Industrial Furnaces and Labour

Charges of Commercial Heat Treatment. The heat treatment process is used for heat

treatment of auto components. By doing heat treatment process the auto parts will

become strengthen to withstand the load speed etc. Auto parts will not break when

those are put to use. After the heat treatment process the component are used by the

auto industries.

The auto components are used to manufacture:

Two wheelers

Three wheelers

Four wheelers

BOARD OF DIRECTORS:

Mr. M.Gopal : Managing Director

Mr. M. Narayan : Executive Director

Mr. R. Vardharajan : Company Secretary & Director – Commercial

VISION AND MISSION STATEMENT:

VISION:

The company will provide best service and quality in the product.

The company will manufacture all products according to technical drawings as per

customer requirement & based on the applications.


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The company will strive to grow with the demand of the global market.

The Company will invest in advance technology.

MISSION:

“It is our endeavor to offer high performance, efficient thermal systems to our customers

through reliable designs, good production techniques, supported by aftermarket spares

and timely service. Our aim is to achieve customer satisfaction through continuous

improvement in our approach and practices.”

CERTIFICATIONS:

ISO 9001-2000 certified by SGS Yarsley International Certifications Services Ltd for

Bangalore and Pune plant.

TS 16949 certification by DNV Det Norse veritas

AS 9100 for CHT plant in Bangalore

ISO 9001:2008 and ISO 14001:2004 for furnace division.

Nadcap certification by SAE Aerospace Standard AS7003 in Peenya

Nadcap certification by Aerospace Private Limited in Nelamangala Taluk.

MILESTONES:

It has been a rewarding 40 years - right form building the first furnace. The journey

continues:

1971 – Established – Manufacturing Laboratory Ovens and Furnaces.

1979 – Commenced Commercial Production (Furnace building in Bangalore).

1986 – Technical collaboration with Tokyo Heat treatment (DOWA).

1990 – Dowa Equity Stake.

1992 – Started Commercial Heat Treatment in Bangalore.

1996 – Started Commercial Heat Treatment in Pune.

2000 – Started Commercial Heat Treatment in Gurgaon.

2004 – Technical collaboration with IQ Technologies Inc.


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2006 – Technical collaboration with Pyromaitre& TTI services.

2008 – Technical collaboration with Applied Process Inc Technical collaboration with

Indian Institute of Science for Power Generation through Biomass Gasification.

2010 – Technical collaboration with AFC– Holcroft, USA for Controlled Atmosphere

Aluminum Brazing Furnace.

2011 – Dowa invests in Hightemp with 80% shareholding and Hightemp becomes

subsidiary of Dowa Japan.

2015 – 2nd new manufacturing facility at Yeswanthpur Industrial Suburb.

2016 – Technical collaboration with Sanken Sangyo Company limited Japan.

PLANTS OF HIGHTEMP FURNACES LTD

PLANT 1: (Karnataka)

HIGHTEMP FURNACES LIMITED

Manufacturing Division and Commercial Heat Treatment

2nd Phase, Peenya Industrial Area,

Bangalore – 560058

PLANT 2: (Maharashtra)

HIGHTEMP FURNACE LIMITED

Commercial Heat Treatment / Auto Component Division

Gat Number 615, Kuruli Village, Chakan,

Pune – 410 501

PLANT 3: (Haryana)


Commercial Heat Treatment

12KM stone, Sohan Road, Bhondsi Village,

Gurgaon – 120 102


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PLANT 4: (Tamil Nadu)


Commercial Heat Treatment

No. 55, Thandalam village, SriperumbudurTaluk,

Kancheepuram District

PLANT 5:


Manufacturing Division

2/2B, Veerananjipuram, Budhihala,

Nelamangala, Bangalore.

PLANT 6:


Manufacturing Division

Yashwantpur Industrial suburb

Yashwantpur Industrial Estate,

Bangalore.

REGISTERED OFFICE:

# 27-29, Supariwala Building,

1st Floor, EM Merchant Road, Khadak,

Mumbai – 400009

OBJECTIVES OF THE COMPANY:

Increase the total sales and improve the quality of the products offered.


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To be competitive at a maximum value of money.

Increase the total sales and improve the quality of the products offered.

QUALITY POLICY:

Hightemp Furnace Limited is committed to supply quality, furnace and on time to

achieve fullest customer satisfaction. It achieves this by providing training to all levels by

continually improving the system and process.

OWNERSHIP PATTERN:

DOWA Thermotech Co. Ltd a subsidiary of DOWA Holdings Co has entered into an

agreement with the shareholders (owners) of Hightemp Furnaces Ltd., heat treatment

and industrial furnace manufacturer in India, to acquire shares in HTF. The share

acquisition date is schedule for the end of September, with DOWA Thermotech

acquiring up to 80% of shares outstanding in HTF at that time.

HTF has maintained a relationship with DOWA Group for over 20 years, including the

licensing of technology in 1985 and capital participation in 1991.

DOWA Thermotech will now penetrate the fast growing Indian automobile market in

earnest with controlling interest in HTF to be acquired by increasing the stake up to 80%

(shareholding ratio of DOWA Thermotech is 16.1% as of the end of the June 2011).

In India, with its continually developing economy, the heat treatment market is expected

to grow significantly in association with the expansion of automobile production, and its

compound average growth rate by 2015 is forecast at around 12%. After acquiring the

controlling interest, the DOWA Group will establish a firm position in the expanding

Indian market by adding DOWA Thermotech‟s considerable manufacturing technologies

and its network with Japanese customers to HTF‟s business base.

The Group will seek to promote the sales to existing customers of HTF centering

on local and foreign-affiliated manufacturers and meet demand form DOWA

Thermotech‟s Japanese customers for advancement and business expansion in India


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by enhancing the lineup of batch furnace and introducing new manufacturing

technologies, such as continuous furnace, from Japan, in addition to existing licensing

of technologies.

GLOBAL PARTNERS:

At HIGHTEMP we strive to provide quality with world-class services to address the

needs of the industry verticals where we operate in. Enabling this journey are our

partners – who share our passion in providing products and services that are best-in-

class. These strategic relationships have helped us expand our service offerings and

acquire a strong industry focused solutions perspective that is aligned to meet the

business needs of our customers in various industries.


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Dowa Themotech, Japan

Dowa Thermotech, is a pioneer in the design &

manufacture of highly reliable heat treatment

technology and systems.

AFC-HOLCROFT

AFC-Holcroft is one of the most reputed furnace

manufacturers for CAAB systems.

TTI Group – A Division of Aalberts Industries N.V. –

Birmingham, UK

TTI Nitrotec - wholly owned by TTI group - is a surface

treatment technology which can result in 66% saving in

material cost.

Applied Process Inc

Applied Process Inc. has been the technology leader in

heat treating Austempering of Ductile Iron (ADI) since

1978.

Indian Institute of Science

IISc is involved in innovative research and

developmental activities in the field of Bio-resource and

has developed techniques of gasifying a wide range of

http://www.dowa.co.jp/thermo-tech/





http://afc-holcroft.com/

http://www.ttigroup.co.uk/






http://www.appliedprocess.com/





http://www.hightemp-furnaces.com/%20http:/cgpl.iisc.ernet.in





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COMPETITORS:

Each and every industry faces severe competition both in the national and international

market. Hightemp Furnace Ltd faces stiff competition from other furnace manufacturing

companies. The following are the companies

a) Body Care

b) Unitherm

c) Hertek Furnace

CUSTOMERS:

Four decades since inception, products and service from the HIGHTEMP portfolio have

been ensuring the delight factor for a growing customer base across the country.

biomass for power generation.




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INFRASTRUCTURAL FACILITY:

Infrastructural facilities mean the basic requirements that the company should look after

in order to ensure free flow of activities. The company is providing following

infrastructural facilities in order to satisfy its workers, distributors and customers. The

company provides all the facilities stated by Factories Act of 1948.

The company provides the following facilities to the employees in the factory:

1. Uniform

2. Allowances for shoes

3. Leave benefits

4. First Aid facilities for employees

5. Provide mineral water supply

6. Well furnished meeting hall with A/C

7. Lunch rooms

8. Safety/ security

9. Health care centre


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10. Parking facilities

11. Lighting & ventilation

The Green Initiative:

Hightemp is aware of the fact that the business hinges on nature‟s fuel resource and

these eggs them on to constantly scout for processes that will effectively reduce carbon

footprint. Hightemp has an installed capacity of over 42 furnaces, and is in the process

of adding many more, to cater to the growing demand of heat treating across India. At

Hightemp, their business is closely linked to their capacity and capability to serve

customers in the automotive sector.

Typically, the processes used in treating such parts are Carburising and CarboNitriding

– operations that involve supply of adequate quantity of Carbon and Nitrogen for

absorption and diffusion into steel components. Being a very highly power intensive

process, we have been evaluating the possibility of using alternative fuel sources –

predominantly green power to fire our furnaces.

In line with this objective, the strategy is to recycle agriculture waste and wood waste as

biomass fuels, subject them to gasification, and couple this with an engine and a

generator, to produce power. This move will significantly reduce our carbon footprint

(green house gas emission) by virtue of being a carbon neutral technology.

This green initiative from Hightemp could possibly be a first-of-its-kind in India where

heat treating co-exists with green power to reduce the carbon foot print. Hightemp is at

an advanced stage of discussion and negotiations with several of its customers to adopt

this unique solution and thus contribute to make a positive difference in India‟s quest for

green power.

PRODUCT PROFILE

Furnace Manufacturing constitutes the core of the competencies – a key asset that has

ensures HIGHTEMP‟s position as one of the leading heat treatment furnace

manufacturers in India. The port folio of process, product and technology that is offered


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by Hightemp Furnace Ltd has root in the wealth of in-house design expertise built over

the last four decades. The Hightemp furnace range:

i. Batch Type Integral Sealed Quench

ii. Batch Type THN Furnace

iii. Continuous Gas Carburizers

iv. Controlled Atmospheric Brazing

v. Mesh Belt Furnace

vi. Decarb Annealing & Blueing

vii. Vacuum Hardening Furnace

viii. Alkali Washers

ix. Rotary Retort

x. Tempering

xi. Rotary Hearth

xii. High Speed Tempering

xiii Endo Gas Generators

Batch Type Integral Sealed Quench Furnace:

Batch Type Integral Sealed Quench Furnace provides the benefit of uniform heating

from the sides through Radiant tube heaters located on either side. Integral Sealed

Quench Furnaces form Hightemp incorporated a cast integral fan to ensure uniformity of

temperature. For the furnace atmosphere, these furnaces provide the option of using

endothermic gas, Nitrogen-Methanol or Fine Carburising Process.


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Batch Type THN Furnace:

The toughie furnace is a pollution free method for nit riding of metals. Parts are treated

at a Temperature lower A-1 transformation point in a mixed gas atmosphere consisting

of ammonia and endothermic gas. While the resulting Carbon and Nitrogen react with

the steel to carburize and nitride, the diffusion of nitrogen into the material ensures

enhances resistance to abrasion and fatigue.

Continuous Gas Carburizing Furnace:

Hightemp - Dowa is an acknowledged leader in Pusher Furnace technology, enabling

us to incorporate state of the art facilities in Pusher Furnace such as full automatics,

pick and place robot systems and SCADA. Continuous Gas Carburizers Furnaces are


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endowed with a single track continuous gas carburizing design enabling consistent

production at low operating costs. What‟s more? A combination of the latest in

sophisticated controls, including data acquisition systems, ensures high quality heat

treatment.

Controlled Atmospheric Aluminum Brazing:

The AFC- Folcroft designed controlled Atmospheric Aluminums Brazing gives you the

most experienced, up-to-date technological advantages for processing aluminums heat

exchangers. The combined experience of AFC- holocroftes and Hightemp Furnace Ltd

brings the benefit of commitment to supplying the latest non-corrosive flux brazing

technology to the aluminum heat exchanger market. Hightemp Furnace Ltd‟s CAAB

systems designs offer complete solutions to today‟s ever increasing demands to

produce high quality parts with dependable throughout and minimal operating cost.

Mesh Belt Furnace:

Mesh Belt Continuous Conveyor furnace systems from High temp are specifically

designed to cater to a wide range of heat treat applications – including both atmospheric

and non atmospheric types – such as Hardening, Carburising, and Carob nit riding,

washing, Annealing, Tempering, Isothermal, Annealing and Stress Relieving. The

Decarb Annealing & Blueing furnace is the outcome of a special design based on


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advanced Japanese technology for the conversion of non silicon steel as lamination for

motor stators.

Decarb Annealing & Blueing:

The Decarb Annealing & Blueing furnace is the outcome of a special design based on

advanced Japanese technology for the conversion of non silicon steel as lamination for

motor stators and rotors. This process involves Burn off, Decarb, Annealing and Blueing

with the combination of atmosphere to achieve the end result – low carbon (due to

decarburisation to the level of 0.005%) and iron loss below 6 watts per kg at 1.5T and

50 cycles for lamination of 0.5mm thickness.

Hightemp offers semi-continuous and continuous furnaces with ranges up to 1000kgs

per hour. The Decarb Annealing & Blueing furnaces that we supply can be heated

electrically or gas fired.

Vacuum Hardening Furnace:

Hightemp Furnace Limited Aerospace Pvt Ltd (HTA) is a joint venture between

Aerospace International, Canada and Hightemp Furnace Limited – India‟s largest

commercial heat treatment company and the market leader in furnace manufacturing.

With facilities in Canada and Poland, Aerospace provides heat treating services furnace

equipment solution to aerospace and high technology industries around the world. The

joint venture between Hightemp and Aerospace, incorporated in April 2006, reflects a

fine blend of Canadian manufacturing experience and Indian engineering expertise – to

focus on Vacuum Heat Treatment and manufacture of Vacuum Furnace.

Every furnace that rolls out of our manufacturing plant is subjected to stringent quality

checks before being shipped out to customers-ensuring Quality, reliability and efficiency

to minimize uptime and maximize productivity. While the High temp AEROSPACE

range consists of various sizes of horizontal front loading (VAH) abed vertical bottom

loading (VAV) furnaces, we also offer custom built furnaces. Horizontal front loading

(VAH) models provide great flexibility for general heat treating and brazing applications.


33

Vertical bottom loading (VAV) models are ideal for processing large circular parts such

as rings, stators or engine castings and long parts like shafts or rolls.

and

Alkali Washers:

Hightemp offers a range of Alkali Washers that are designed for pre-wash and post

wash of components before heat treatment and after quenching operations,

respectively.

Rotary Retort: An adjustable speed heat resistant cast retort is fitted inside this type of

furnace. This provides constant motion for the work piece for both uniform heating and

carburising. This type of furnace is particularly well suited for carburising of small

components such as screws, chains, bearing, rollers, washers etc.

Tempering Furnace:

Hightemp offers Tempering furnace for both low and high tempering processes. These

tempering furnaces provide a reliable platform for acquiring various mechanical

properties during tempering and reduce the residual stresses during the stress relieving

process. Pit Type, In-out box Type and the Double door straight through box type are

the various options that we offer on Tempering.

Rotary Hearth Furnace:

Rotary Hearth furnaces have a rotating hearth with adjustable speed and widely used

for reheating and hardening pre-carburised large sized components that require press

or plug quenching. Rotary hearth furnaces from Hightemp are available in a capacity

range of 80-500 kg/hr.

High Speed Tempering:

High Speed Tempering the PYRO way is a scientific approach to stress relieving and

tempering. The Pyrometer principle utilizes a heat transfer program developed to


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simulate cycles prior to operation of the PYRO – a theory based on Heisler‟s (1948)

unsteady state heat transfer equations for infinite cylinders. Endothermic Gas Generator

creates an atmosphere to provide a positive pressure in a heat treating furnace and a

platform to formulate the carburising environment.

Endo Gas Generator:

Endothermic Gas Generators from Hightemp feature a unique soot-free control system

with an excellent reputation for trouble –free operation. What‟s more, a double pass

retort with uniform heating mechanism along with a patented pulse-less blower ensures

a constant and stable supply of output carrier gas.

Aluminum Solutionizing and Ageing:

Solutionizing and Ageing furnace applications from Hightemp provide pit type and

continuous type installation for Aluminum components.

MACHINE COMPONENTS:

FORGING & MACHINING SERVICES:

Ensuring exceptionally high levels of process compliance to address specific customer

requirements is at core of every service that we offer at Hightemp. Our foray into forged,

machined and heat treated components arena is an expressing of this commitment – an


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initiative that has offered us with increased opportunities to serve our valued customers

better.

In addition to ensuring quality machined heat treatment components, forging services at

Hightemp service also mitigate supply chain issues faced by customers. What‟s more,

the installation of the renowned Schuler press enables us to meet stringent

requirements of the automotive sector.

PRECISION MACHINING SERVICES:

As part of the solutions portfolio, state-of-art Machining service form Hightemp Furnace

Ltd impairs micron level finish to components for select customers in line with their

specific requirements. Every process is preferred to conform to exacting standards so

as to achieve the specified levels of machining tolerances of transmission and bearing

components. Dedicated machine lines – including single & multi spindle CNC lathes and

CNC machining centre – address specific customer requirements, incorporating the

„cell‟ concept to maximize productivity. A key highlight of the Machining Services

offering from Hightemp is the fact that our solution has been able to compress the

„supply chain‟ for select customers.

EXTENDED HEAT TREATMENT:

Extended Heat Treatment service is one of the value additions that offer to the

esteemed customers, ensuring the benefits of assured quality and comparatively lower

pricing. As part of this service, exclusive Heat Treatment capacity is created to meet

requirements of large & medium industries – to ensure 24/7 delivery commitments.


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COMMERCIAL HEAT TREATMENTS:

The commercial Heat Treatment division at Hightemp has been in operation since 1991.

Today, we have heat treat centres at close proximity to major automotive units at four

different locations across India – Bangalore (Karnataka), Pune (Maharashtra), Gurgaon

(Haryana) and Kancheepuram (Tamil Nadu).

The process of the Commercial Heat Treatment offering at Hightemp has its roots in a

combination of factors. Modern facilities, state of art equipment, well equipped

metallurgical laboratory and trained & component personnel – backed by controlled

atmosphere furnaces, auxiliary equipment‟s and advanced process control systems.

Hightemp has earned a strong reputation for providing reliable and high quality heat

treatment services at competitive prices – with an unflinching commitment to exemplary

quality assurance and on time delivery.

The Hightemp Commercial Heat Treatment services portfolio includes:

Carburizing & Hardening

Carburizing & Annealing

Bright Hardening

Carbon Nitriding

Annealing

Normalizing


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Tempering

Nitro Carburizing

Nitriding

Steam Bluing

NITROTEC / NITRO CARBURISING PROCESS:

Nitrotec – the patented surface engineering process for the treatment of steel and cast

irons through a technical license from TTI Group Ltd, part of the Group Metal

Technology Division of Aalberts Industries N.V – is an important offering from the

Hightemp Commercial Heat Treatment services portfolio. This treatment is performed in

a gaseous nitrogen bearing atmosphere with temperature ranging between 550-740

degree Celsius. This produces iron nitride surface compound layers with thickness

ranging between 5-50mm, supported by a nitrogen rich diffusion zone in the substrate.

Options to select various parameters – such as treatment, temperature, time and

nitrogen poptential of the atmosphere – enable effective control of aspects such as

structure, composition & hardness of the compound layer and the sub-surface diffusion

zone. An innovative oxidation technique, combined with a specially formulated aqueous

quenching and organic sealant are incorporated based on the engineering requirements

of a specific application.

The low temperature diffusion treatments provided at Hightemp result in low alloy and

mild steels that are stronger (up to four times than the usual), produces wear resistance

equal to that of hard chromium plating and providing a black finish with outstanding

corrosion resistance.

A) AUSTEMPERED DUCTILE IRON:

Austempering is an isothermal treatment that imparts superior properties to ferrous

components. In line with the maxima of providing cutting edge technology services by

virtue of its technical license from applied process to customers, Hightemp offers a


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range of Austempering Heat Treatment Services to manufacturers and end users of

cast iron parts. These include – ADI (Austempered Ductile Iron), AGI ( Austempered

Gray Iron) and CADI (Carboni Austempered Ductile Iron).

ADI is made by special heat treatment of cast ductile iron casting and ADI parts exhibit

twice the strength of ductile iron with good toughness, wear resistance and fatigue

strength. ADI parts are used extensively in automotive, agriculture, mining, construction

and railway sectors, and have successfully replaced steel fabrications, weldments and

forgings.

Hightemp‟s leadership in the Commercial Heat Treatment arena in India coupled with a

strategic alliance with Applied Process Inc., USA – a pioneer in the ADI domain –

enables us to offer top of the line ADI services. As a Technical License of Applied

Process Inc., USA, Hightemp offers distinct advantage like

Experienced and well trained in-house professionals.

Large data base of process parameters obviating the need for trail & error.

Completely programmed furnace-ensuring accurate controls & repeatability.

Ability to heat treats all grades of ADI & convenient location of the heat treat facility.

B) VACUUM HEAT TREATMENT:

HightempVacaero (HTVA) is a Joint Venture between Vac Aero International, Canada

and Hightemp Furnace Limited. This state of the art facility, located on the outskirts of

Bangalore at Nelamangla offers quality Vacuum Heat Treatment services. While we

offer Commercial Heat Treatment services, we also build Vacuum Furnaces. Company

offers Nitrogen / Argon gas quench with precise programme controls for vacuum,

temperature and atmosphere. This manufacturing facility is also supported by a well

equipped laboratory to meet Aerospace standards.

C) INTENSIVE QUENCING:


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Intensive quench process is an intensive quenching technique that imparts superior

properties, residual surface compressive stresses and less part distortion compared to

that of a conventional oil quench. Hightemp offers this technology through the strategic

alliance with Intensive Quench. The Intensive Quench processes subjects steel parts to

very rapid and uniform cooling, utilizing highly agitated water for a specified time,

monitoring by a computer simulator.

Various types of steel such as plain carbon, low alloy, medium alloy, high alloy, tools

steels and carburized grades are used in this process.

D) FINISHING PROCESS:

Finishing Process services form Hightemp are powered by the highly efficient

Centrifugal High Energy (CHE) series of finishing machines. The CHE machine works

on the principle of generating a very high force enabling the machine to deliver a range

of finishes – very aggressive to mild – depending on the application. While the machine

RPM can be varied to suit the desired finish, the media used for typical applications

depend upon the nature of finish, the cut down required and the surface finish.

The CHE series machines are available in different capacities like 30, 40, 80, and 240

liters and in manual and semi automatic versions the sole maintenance requirement for

these machines is optimum greasing after every 400 hours of operation.


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CHAPTER 4

ORGANISATION STRUCTURE

Organisational design is fundamentally the manner in which a management

achieves the right combination of differentiation and integration in the

organisations operations in response to the level of uncertainty in its external

environment. Differentiation here refers to the subdivision of functional or

departmental units each concentrating on a particular aspect of the organisations

operations and Integration refers to the linking of differentiated units to achieve

unity of effort in working towards organisational goals. In times of high

uncertainty greater organisational effectiveness is achieved through high

differentiation and high integration and in times of low uncertainty organisational

effectiveness is achieved through low differentiation and low integration.

Organisational structure is the formal and informal framework of policies and

rules within which an organisation arranges its lines of authority and

communication and allocates rights and duties. It determines the manner and

extent to which roles, powers and responsibilities are delegated, controlled and

co-ordinated and how information flows between various levels of management.

Hence this structure depends entirely on the organisations objectives and the

strategy chosen to achieve them.

The organisational structure at HTFL has its own set of advantages such as

more frequent promotions and continuous change in responsibilities and growth

hierarchy. Moreover the organisational structure is on the lines of a lean

enterprise that fosters communication across all levels staying true to HTFL‟s

ideology of openness and oneness .The flat structure also promotes effective

communication and teamwork and is inorganic in nature.


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Several types of organizational structures are each defined to meet the needs of

organizations that operate differently. Types of organizational structure include

divisional, functional, geographical and matrix.

The organizational structure at HTFL has its own set of advantages such as

more frequent promotions and continuous change in responsibilities and growth

hierarchy. Moreover the organizational structure is on the lines of a lean

enterprise that fosters communication across all levels staying true to HTFL‟s

ideology of openness and oneness .The flat structure also promotes effective

communication and teamwork and is inorganic in nature.


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Organisation Structure

EXCECUTIVE

DIRECTOR

GM-HR DIRECTOR

COMMERCIAL

DIRECTOR

TECHNICAL

DGM – Process

Development

AGM Heat Treatment

MANAGER PLANT

QUALITY

MANAGER- MARKETING EXCECUTIVE

- PLANNING

ASST MANAGER

QUALITY

SUPERVISOR

QUALITY

ASST

PLANNING

STORES IN

CHARGE

ENGG

PLANNING

SR.PURCHASE

OFFICER

ASST MANAGER

PRODUCTION

ASST MANAGER

MAINIENENCE

LAB

INSPECTORS

STORES

ASSISTANT

SHIFT

SUPERVISORS

PURCHASE

SUPERVISOR PLANNING HEAD

SUPERVISOR

LAB

OPERATORS PLANNING

ASSISTANTS

PURCHASE

ASSISTANTS

SHIFT

OPERATORS

STORE

HELPERS

MANAGING DIRECTOR


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Classification of Various Departments

The efficient functioning of various departments is the reason behind the success of

HTFL. The departments at HTFL can be broadly divided into manufacturing divisions

and the non-manufacturing divisions. The various departments of the manufacturing

department are intentionally located at the safest of the plant facility as part of HTFLs

overall strategy due to its close proximity to the shop floor, all the other divisions are

housed in the front part of the company.

Manufacturing Divisions-

1) Production Division

2) Quality Assurance Division

3) Maintenance Division

4) Store Division

Non-manufacturing Divisions-

1) Purchase division

2) Finance and Accounting Division

3) Marketing Division

4) Human resources. Division.

Production Division

Production management refers to the application of management principle to the

production function in a factory. In other words, production management involves

application of planning, organizing, directing and controlling to the production process.

Production process is a process by which raw material and other inputs are converted

into finished products.


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Production includes creation of both tangible and intangible services. The company

comprises of:

1) Furnace manufacturing

2) Commercial Heating.

FUNCTIONS INCLUDE:

Improving volume of production

Reducing rejection rate

Minimizing re-work rate

Maintaining delivery schedules

Updating processes and procedures

Controlling over time

Efficient training and team building

Enhancing customer satisfaction

Minimizing inventory and achieving better yields

Total Quality Management (TQM)

Business process Re-Engineering ( BPRE)

Controlling idle machine and man power hours.

Scope of Production:

HTFL manufactures furnaces and commercial heating. These will manufacture

according to customer specifications where the customer specifications are obtained

through product samples, methods department, develop product drawings based on the

product samples. Customer approval is obtained for product drawing of prototype

sample produced if requested by customers.


45

The company follows a contract review programme where in it is for the fresh

contracts, repeated orders and for review of the change in status of accepted orders

and order review for aftermarket. This process is conducted to ensure that customer

requirement are clearly understood and also to ensure that the capability exists to meet

the customer before the order is accepted and the differences if any are resolved.

Characteristics of Production Planning and Control System:

Input: Raw materials, parts, consumable power, engineering details, production

Schedules.

Process: The inputs are processed by the series of operations.

Output: The outputs are the completed part products.

Storage: Storage is provided after the receipt of the input materials between

each operation and finished goods.

Transportation: Input is transported between all operations in the system.

Information System: The automation system inter connects all physical activities

and provides a basis for management decisions.

Production Process


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Phases In Production Planning And Control:

a) Planning Phase :

It has two Categories of planning namely prior planning and active planning. Prior

planning means Pre-production planning. This includes all the planning efforts which are

taking place prior to the active planning. Active planning means the actual production

planning which includes various activities directly related to the production at micro level

immediately following the prior planning.

INSPECTION OF

INCOMING

MATERIAL

STORAGE

SCHEDULE FOR

HEAT

TREATMENT

JIGGING PRE-WASH

HEAT TREAT IN

QUENCH

FURNACE

POST WASH

SUB ZERO TEMPERING

INSPECTION

DE JIGGING

OILING,

PACKING,

STORING

AUDIT

SHIPPING


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b) Action Phase :

Action phase has the major step of dispatching. Dispatching is the transition from

planning phase to action phase. In this worker is ordered to start manufacturing the

product. The task which are included in dispatching are job order, store issue order, tool

order, time ticket, inspection order, move order etc. regarding what is happening with

the job is collected.

c) Control Phase:

The control phase has the following two major modules:

Progress reporting: In Progress reporting, the data regarding what is happening

with the job is collected. Also, it helps to make comparison with the present level

of performance.

Corrective action: The tasks under corrective Action primarily make provisions for

an unexpected event. Some examples of corrective actions are: creating

schedule flexibility, schedule modifications, capacity modifications, make or buy

decisions, expediting the work, pre-planning and so on.


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Steps of Production Planning And Control:

Production Planning and Control.

Production Planning:

a) PLANNING: Production planning may be defined as the technique of foreseeing

every step in a long series of separate operations, each step to be taken at the

right time and in the right place and each operation to be performed in maximum

efficiency.

PLANNING

ROUTING

SCHEDULING

LOADING

DISPATCHING

INSPECTION

CORRECTIVE

PRODUCTION PLANNING AND CONTROL

PRODUCTION PLANNING PRODUCTION CONTROL

FOLLOWING UP


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b) ROUTING:

The main aim of routing is to determine the best and cheapest sequence of

operations and to ensure that this sequence is strictly followed. In small enterprises,

this job is usually done by entrepreneur himself in a rather Adhoc manner.

c) SCHEDULING:

It means working out of time that should be required to perform each operation and

also the time necessary to perform the entire series as routed, making allowances

for all factors concerned. It mainly concerns with time element and priorities of a job.

d) LOADING:

The loading determines who will do the work as routing determines when it shall be

done. Gantt charts are most commonly used in small industries in order to determine

the existing load and also to foresee how fast a job can be done. The usefulness of

their technique lies in the fact they compare what has been done and what ought to

have been done.

Production Control:

a) Dispatching:

b) Dispatching involves issue of production orders for starting the operations.

Necessary authority and conformation is given for:

Movement of materials to different workstations.

Movement of tools and fixtures necessary for each operation.

Beginning of work on each operation.

Recording of time and cost involved in each operation.


50

Movement of work from one operation to another in accordance with route Sheet.

c) Following Up:

Every production programme involves determination of the progress of work,

removing bottlenecks in the flow of work and ensuring that the productive operations

are taking place in accordance with the plans. It spots delays or deviations from the

production plans. It helps to reveal detects in routing and scheduling,

misunderstanding of orders and instruction, under loading or overloading of work

etc. all problems or deviations are investigated and remedial measure are

undertaken to ensure the completion of work by the planned date.

d) Inspection:

This is mainly to ensure the quality of goods. It can be required as effective agency

of production control.

e) Corrective measures:

Corrective action may involve any of those activities of adjusting the route, re-

scheduling of work changing the workloads, repairs and maintenance of machinery

or equipment, control over inventories of the cause of deviation is the poor

performance of the employees.

Quality Assurance Department

Quality refers to the some of the attributes or properties that describe a product.

These are generally being expressed in terms of specific product characteristics

such as length, width, colour, specific gravity and the like. The need for quality

needs no special emphasis. One benefit of quality is increased productivity. Better

quality means reduce costs for repairs, instruction, scrap, and rework and produce

warranties. Increased productivity results in better profits and builds customer

loyalty. Quality also results in sustained profits.


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Quality assurance includes quality control and also refers to emphasis on quality

in the design of the products, processes and jobs and in selection and training of all

the expressions, it is quality control, which is widely used in the literature on quality.

HTFL is committed to total quality. They are sure to achieve it by identifying and

meeting the purchaser‟s needs while along includes their expectations on quality,

delivery and price. The company has led down objectives for achievement of the

quality controlled by involving all employees in understanding and implementing the

requirements of the quality policy and quality system.

Quality Assurance Department Involves:

a) Receiving inspection

b) In process inspection

c) Out coming inspection / final inspection

a) Receiving inspection:

The raw materials shall be inspected / verified in accordance with the receiving

inspection plan approach to the material, irrespective of the control exercised on vendor

and the results of the inspection shall be recorded in the formats specified in relevant

quality plan by Engineer quality assurance / user department. Quality inspection

involves process of:

The machining operations done by sub contractors shall be cleared to further

process based on self inspection reports given by them.

As a result of inspection verification, if any non-conformance is detected, it is

dealt in accordance with the procedure.

Capital item like plant and machinery, test equipment shall be verified in

consultation with user department against the data specified in the purchase

document before the use machine spares, brander items proprietary items,

consumables that affect product quality are verified as per purchase order by the

inducting departments as per inspection plan.

Packaging materials are certified as specified in receiving inspection plan.


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The customer‟s supplied materials items shall be inspected as per order number.

Disposition of non-conforming customers supplied materials as a result of

inspection / verification shall be done in accordance with the procedure.

The customer supplied material shall be identified and stacked separately.

If for urgent production purpose material / sub contracted items shall be released

before incoming inspection / verification is completed, the following steps are to

be done:

Raw materials sub contracted items released under positive recall shall be

under the authority of unit head.

Verifier maintains a positive recall register and obtain unit head signature at

the appropriate column for release under recalls. Unit head shall issue these

items without waiting for receiving inspection approval and stamp the tag

released for urgent production purpose in real colour and communicate to

quality department for drawing the sample for inspection.

Items released under positive recall shall be identified by production

department by means of tag released for urgent production on the work only

and route card and attach a recall tag to the material.

The items can be progressed through in process stages and inspected as per

relevant quality plan and process control sheet.

However it shall be ensured that items released under recall is not taken up

for final inspection. Quality analyst is responsible to inform department

through IOM about the receiving inspection result of the material released

under recall status.

If the receiving inspection results the item conformance, analyst withdraws

the recall status tags enter the disposition in the recall register.

b) In process inspection:

For the purpose of routing and in process inspection the processes are made into 3

groups as mentioned below:


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Group 1 – common facility

Group 2 – line 1

Group 3 – line 2

In- process inspection shall be carried out in accordance with respective

control plan for OEMs and quality plan and process control sheet for

aftermarket items.

The result of in process inspection is recorded in the respective job card for

each operation. Recording shall include first off inspection and process

inspection as specified. In – process characteristics which are not as per job

card specification that acceptable can be granted based on acceptance

standard for manufacturing.

After completion of each operation to route card maintained in the concerned

shop shall be updated by the PRN personnel based on the job card received

by them in the respective shop progress.

The non-conforming items ensure that material released under recall status,

for which receiving inspection is yet to be completed shall not be progressed

to final inspection.

The line engineers are responsible to ensure the product to held at every

operation and inter stage till the required inspecting specified in the quality

plans and process control sheet / control plan have been recorded in job card,

daily report, magnetic particle inspection report..

c) Final Inspection:

Final inspection shall be carried out in accordance with quality plan – final

inspection patient to the part numbers and sampling plans customer specified

quality plan shall be incorporated in the respective quality plan and process

control sheet.

In the case of non-conformance detected, the non-conforming product shall

be identified as per procedure and controlled as per procedure and


54

notification is though daily final inspection report, fault report and rework

menu.

The result of final inspection shall be recorded in daily final inspection report.

Product inspected satisfactorily to specified requirements as per quality plan –

final inspection shall be dispatched to finished goods stores only after

authorization on the production slip.

Details of roll markings marked on the valves are verified against customer

requirement and recorded in roll marking register.

Quality refers to the sum of attributes or properties that describe a product.

These are generally expressed in terms of specific product characteristics such as

length, width, colour and specific gravity.

Quality means increased productivity, quality also results in sustained profits.

Earning profit is one year and incurring loss the very next year will not speak high about

an organization. What is needed is sustained profit over a long period of time. This is

possible when the organization is able to maintain persistent quality for its product.

Maintenance Department

The Maintenance refers to upkeep and protections of plant and machinery,

building and other fixed assets. Maintenance department is located with keeping the

physical facilities in good operation conditions in the beginning stages. The quality and

quantity of the product tends to be good because of new plant and machinery plant after

conditions over a time, plant and manufacturing deteriorates due to wear and tear stress

strain. As a result quality and quantity of product comes down. It may also leads to

industrial causes and downfall. It is essential in activity that every manufacturing firm

needs to have all machines and establishment in a good working condition at any given

time. Maintenance is given as the function of management that is concerned with the

day to day problems of keeping the physical plant in good operating condition. Total

Productive Maintenance is a maintenance program which involves a newly defined

concept for maintaining plants and equipment.


55

In recent times, a new policy of total productive maintenance is gaining ground.

Japanese technology Total Preventive Maintenance is a systematic approach to

maintain the plants. It is not restricted to ground staff or maintenance department; it is

inclusive of all personnel from top to first line operation.

The objectives include:

Clean and efficient shop floor

Safe and pleasant environment

Quite an orderly flow of goods

Unattended operations and multi machines concept.

Total Productive Maintenance starts with 5S. Problems cannot be clearly seen when the

work place is unorganized. Cleaning and organizing the workplace helps the team to

uncover problems. Making problems visible is the first step of improvement. The 5S are:

Seiri means sorting and organising the items as critical, important, frequently

used items, useless or items that are not needed as of now.

Seiton means a place for everything and everything in its place. The items

should be placed after usage at the same place.

Seiso involves cleaning the work place and making it free of grease, oil, waste,

scrap etc.

Seiketsu involves discussing and deciding on standards for keeping the

workplace pathways neat and clean. These standards are implemented for

whole organisation and are tested randomly.

Shitsuke concerns with self-discipline. It includes wearing badges, following

work procedures, puntuality, dedication to the organisation etc.

TPM is a Japanese idea that can be traced back to 1951 when preventive maintenance

was introduced into Japan from USA. Its motto is zero error zero work related accident,

and zero loss.

It is a dynamic team based methodology for involving all employees in

developing a long term preventive maintenance programme and for reducing


56

unscheduled stoppages, break downs, instability and unreliability. TPM relies on small

group activities and participative, input total employee involvement and dedication to

quality of equipment care.

TPM has eight pillars of activity each being set to achieve a zero target. They are:

a) Focused improvement (korbetrn-Kaizen): for eliminating waste.

b) Autonomous maintenance (Jishu-Hozen): it involves daily maintenance activities

carried out by operators themselves that prevent the deterioration of the

equipment.

c) Planned maintenance: for achieving zero breakdowns.

d) Education and Training: for increasing productivity.

e) Early equipment product management to reduce waste occurring during the

implementation of a new machine.

f) Quality maintenance (Hinstistisu-Hozen): This is actually maintenance for quality.

It includes the most effective quality tool of TPM: poka – yoke, which aims to

achieve zero loss by taking unnecessary measures to prevent loss.

g) Safety hygiene, environment: for achieving zero work related accidents and for

protecting the environment.

h) Office TPM: for involvement of all parties to TPM since office processes can be

improved in a similar manner as well.

Stores Department

After inspection, purchased materials are taken to store for preservation, if they

are meant for stock. Non stock items are directly taken to the assembly lines from the

inspection. Preservation or storage is another aspect of material management with

proper management and coordination, storage can contribute to effective operations.

Storage is the function of receiving, storing and issuing materials. It involves the

supervision clearance of incoming supplies, to ensure that they are maintained in good

condition.


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Stores layout is a fundamental factor in determining the efficient performance of the

department. Stores layout is situated near the point of use. So it can provide easy

receipt, storage and disbursement of materials and it also provides minimum handling

equipment and personnel. Stores being a vital part in an organization, HFL have stood

to the expectations of all such demands that are required for maintenance of stores

department.

FUNCTIONS INCLUDE:

To receive raw materials and account for them.

To provide adequate and proper storage and preservation to the various items.

To meet the demand of the consuming departments by proper and account for

consumption.

To minimize obsolescence,surplus and scrap through proper codification,

preservation and handling.

To highlight stock accumulation, discrepancy and abnormal consumption and

effect control measures.

To ensure good housekeeping so that material handling, material preservation,

stocking and issue can be done adequately.

Purchase Department

Purchasing refers to the act of buying an item at a regular price. Such a narrow

concept of purchasing became gradually winded as time passed by purchasing is a

managerial activity which goes beyond the simple act of buying, but also includes

planning and policy activities covering a wide range of related and complementary

activities such as research and development strategies; ensure proper delivery and

methods to be followed.


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The purchasing activity involves:

Purchasing action for raw materials is triggered by the raw material requirement

for six month. (imported material)

Other inputs include stock in hand, stock on order, consumption pattern and

stock policy.

Procurement action on consumables made by indirect material requirement

statement prepared by stores for an annual period covering and based on

establishes stock level.

In the case of capital equipments an approved capital expenditure request shall

be routed through store with material indent from the indenting department which

will form the bases for triggering purchasing action.

Central purchasing department is to place purchase order on format for items

covered under the scope for the procedure only on the approved vendor.

In case of emergencies like unexpected breakdown of machines and stoppage of

production purchase orders shall be made without material indent from the

concerned department on oral request. Such purchase orders will be identified on

the system as “EMERGENCY PROCUREMENT “.

”. In essential cases, where there is no material indent or the purchase order, the item

shall be purchased on oral request & such purchases shall be regularized by raising

material indent and purchase order, such purchase orders will be stamped as

“CONFORMATORY PURCHASE”

Finance and Account Department

An Accounting Department Provides Accounting Services And Financial Support To

The Organization It Belongs To. The Department Records, Accounts Payable and

Receivable, Inventory, Payroll, Fixed Assets and all other Financial Elements. The

Department‟s Accountants Review the Records of Each Department to Determine the

Company's Financial Position and any changes required to run .The Organization Cost

Effectively.


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An accounting department is a department within a company that handles the

financial aspects of the business. This department keeps updated records of money

paid, received, owed and borrowed.

The Part of an Organization that Manages, Its Money. The Business Functions Of

A Finance Department Typically Include Planning, Organizing, Auditing, Accounting

For And Controlling Its Company's Finances. The Finance Department Also Usually

Produces The Company's Financial Statements.

The Accounting Department Is Responsible For Recording And Reporting The Cash

Flow Transactions Of a Company .This Department Has Some Key Roles And

Responsibilities,Including Accounts Receivable, Accounts Payable, Payroll, Financial

Reporting, And Maintaining Financial Controls.

Accounting Department Responsibilities in Detail are

Payroll: The total wages and salaries earned by every employee every pay period,

which are called gross wages or gross earnings, have to be calculated. Based on

detailed private information in personnel files and earnings-to-date information, the

correct amounts of income tax, social security tax, and other deductions from gross

wages have to be determined.

The various information to employees each pay period, have to be attached to payroll

checks. The total amounts of withheld income tax and social security taxes, plus the

employment taxes imposed on the employer have to be paid to federal and state

government agencies on time. Retirement, vacation, sick pay, and other benefits earned

by the employees have to be updated every pay period.

In short, payroll is a complex and critical function that the accounting department

performs. Many businesses outsource payroll functions to companies that specialize in

this area.


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Accounts Receivable– Another critical duty of the accounting department is to account

for and track receivables, including outstanding invoices and any required collection

actions. Accounts receivable is responsible for creating and tracking invoices. The

responsibility here includes assuring that customers pay those invoices on time, so a

system of friendly reminders is crucial.

Financial Controls - Financial controls include reconciliations, dividing the

responsibilities and following the GAAP standards of accounting principles, all of which

are implemented with view toward compliance, fraud and theft prevention. The role of

the Controller is to ensure procedures are set up properly to manage that process

without errors.

Reporting and Financial Statements -

The primary reason you collect data properly in your accounting software is to prepare

financial reports that can be used for budgeting, forecasting and other decision making

processes. In addition, these and other reports are needed for communication to

investors, banks and other professionals that play a role in the growth of your business.

Key Positions in an Accounting Department

Chief Financial Officer (or CFO) – CFOs are typically the head financial executive of

large businesses. They oversee the financial strategy, health of the business, and

manage the rest of the financial department. CFO‟s are very forward thinking and will

help businesses navigate through growth stages and downturns. With their knowledge

of company finances, they help senior management understand the financial impact of

real-time decisions to ensure the fiscal success of the business.

Their Duties Include Financial Planning, Reporting And Controls, Short and Long Term

Business Strategy, Investments, Hedging, Mergers and Acquisitions, Cash

Management, Internal Risk Management, Corporate Finance, Auditing and Accounting


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Financial Controller – Financial Controllers Are Key Players within Accounting

Departments and Work alongside CFO‟s And Financial Directors. Their Function And

Responsibilities Include Financial Accounting, Preparation, Reporting, Analysis,

Budgeting, Project Management and More. Their Key Role Tends To Focus On

Immediate Financial Issues and Management.

Accounting Manager – An Accounting Manager Is Responsible For A Company‟s

Accounting Activities That Include Maintaining and Reporting on Both The Cost And

Financial Sets of Accounts But Does Not Handle or Negotiate. The Accounting Manager

Establishes and Enforces The Accounting Principles Based On Statutory Requirements

and Auditing Policy.

Chief Accounting – The Chief Accountant Holds the Same Responsibilities As The

Accounting Manager, But The Role Simply Differs In Terms Of The Job Title.

Accounting Supervisor – Shares the Same Responsibilities As An Accounting

Manager And Provides Support as A Member Of His/her Team.

Accountant – Accountants Play A Key Role in Finance Departments Such As The

Measurement And Interpretation Of Financial Information. The Results of Their Work

Ensure Compliance, and Provide the Groundwork for Greater Financial Strategies.

The Purpose of accounting is to provide the information that is needed for sound

economic decision making. The main purpose of financial accounting is to prepare

financial reports that provide information about a firm's performance to external parties

such as investors, creditors, and tax authorities.

Marketing Department

Today‟s successful companies share along focus and a hearty commitment to

marketing. Modern marketing seeks to attract new customers by promoting superior

value and to keep current customers by delivering satisfaction. Sound marketing is

critical to the success of all organization. But marketing combines many achieve-


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marketing research, product, department, distribution, pricing, advertisement. Personal

selling, marketing strategy and others designed to sense, serve and satisfy customers

needs while meeting the organization goals. The marketing concept was born out of the

awareness that a business to start with the determinations of consumer wants and ends

with the satisfaction of those wants.

Marketing can be defined as “the performance of business activities that direct

the flow of goods and services from product to consumer or to the user.”

Marketing means the performance of business activities that direct the flow of goods

and services from producer to consumer. The primary function of marketing is to create

and maintain a satisfied customer. Marketing management is an ongoing process under

dynamic marketing environment.

Responsibilities of Marketing Manager

Develop marketing plans

Setting targets

Help finance department to analysis profit earned through different product

line.

Effective marketing.


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Structure of Marketing Department

Marketing Activities

The marketing activities have the following steps

a) Contact according to the necessities

b) Follow up

c) Getting the approval to do business

d) Get the number of quantities to be produced

e) Get the materials needed

f) Get the styles required

Marketing manager

Sales executive

Clerical staff


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Human Resources Department:

HR – Recruitment Section Activities:

Consolidation of total manpower vacancies across company on a weekly basis.

Study of job profile required & sourcing of profiles again respective vacancies.

Scrutiny of profiles, Short listing and schedule interviews.

Selection, Medical Fitness Confirmation, Salary Negotiation and Offer release to

candidates.

Post selection joining formalities includes arranging for initial stay and

reimbursement of joining expenses.

Establish network with external head hunters and educational institutions on a

regular basis for improving the sourcing activity.

REPLACEMENT

Approval by:

Head of User Div. +

HR

Confirmation of

Age, Job Grade,

Job Description,

and Skill sets.

Sourcing of

profiles

Screening by HR

and User Division

NEW VACANCY

Approval by:

Top Mgmt (DMD)

Manpower Requisition by

User Div.

(Enclosed Job Description)

Call for Interview

Selection as per Standard

Interview Process


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HRD Measures Including Welfare Measures

Policy And Procedures

a) (GPAI) - Group personal accident insurance.

b) Group Medishield/Mediclaim insurance policy

c) Bank loan scheme (personal & vehicle loan).

d) Uniform.

e) Canteen.

f) Other Welfare measures.

a) Group personal accident insurance - (GPAI)

GPAI is an insurance policy taken by the CO from an outside insurance agency

to make available medical support and financial assistance to employees in case

they meet with an accident.

Salient features:

Medical support

Insurance CO will reimburse full or part of medical expenses. No hospitalization

is required to make a claim.

Salary payment

Employee‟s absence from duty due to accident will not affect the salary as

insurance CO reimburses the same based on earning capacity as per the limit

provided under insurance policy.

The policy is available anywhere in the world.

b) Med claim insurance policy:

The Medishield Insurance policy covers reimbursement of in-patient hospitalization

expenses insured for treatment of illness or injury sustained.


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Domiciliary hospitalization claims: Medical treatment for period exceeding three days for

such illness or injury which in normal course would require care and treatment at a

hospital but actually taken while confined at home in India is considered if the condition

of the patient is such that he cannot be moved to the hospital.

i. Pre existing disease coverage: The reimbursement of expenses, which are in

pre existing conditions at the time of joining, is applicable only if treatment is

taken after 90 days from the date of coverage.

ii. Cashless Facility: The insured can avail the facility of hospitalization without

making cash or cheque payment.

iii. Bank loan scheme (personal & vehicle loan):

Purpose: To support employees during financial emergencies & help them to maintain

& improve their quality of life. Develop a sense of belonging with HFL through mutual

trust.

Applicability: All confirmed employees in all grades, provides this facility & the

discretion of sanction is with the bank. Company shall take the responsibility only to the

extent of deducting the EMI from the salary & remit the same to the bank on monthly

basis as per authorization.

Purpose: 1) To have a sense of unity.

2) Identification.

3) Safety and workability.

4) Pride.

5) Discipline.


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c) Welfare For Employees:

Safety is simple term means freedom from the occurrence or risk of injury of loss

industrial safety to the protection of workers from the danger of industrial accidents. In

HFL managers are given the responsibility for ensuring safety at work place. Labour

welfare is for taking care of well being of workers by employee‟s trade unions and

governmental and non-governmental agencies. In order to protect workers from

accidents they are provided with Goggles, Hand gloves, Welding glass, Fiber stalls,

finger stalls etc.


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CHAPTER 6

SWOT ANALYSIS

SWOT analysis is a strategic planning method used to evaluate the Strengths,

Weaknesses, Opportunities, and Challenges involved in a project or in a business

venture. It involves specifying the objective of the business venture or project and

identifying the internal and external factors that are favorable and unfavorable to

achieve that objective. The technique is credited to Albert Humphrey, who led a

convention at Stanford University in the 1960s and 1970s using data from Fortune 500

companies.

A SWOT analysis must first start with defining a desired end state or objective. A SWOT

analysis may be incorporated into the strategic planning model. Strategic Planning has

been the subject of much research.

INTERNAL

EXTERNAL

Strengths Weakness

Opportunities Challenges

SWOT

http://en.wikipedia.org/wiki/Project


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STRENGTHS:

Better product quality and strong product innovation skills:

The Company follows strict measures in developing better product, which

satisfies customer‟s interests and desire through innovative techniques.

Uniform culture:

Standard system of production and company culture is followed uniformly throughout

the company thereby no deviations in its quality.

Pull system of production is carried on:

Products are procured only as they are ordered by customers. This standardizes

the amount of inventory in the production process.

Brand Image:

The Company has a good brand image among the customers due to its good

quality products and long time existence in the market.

Customer Relationship:

The Company has a good network and dealership. It has dealers in almost every

part of South India especially Bangalore and Chennai. It also has prompt after

sales service and good customer relationship.

Experience:

The Company has an experience of almost 48 years in the industry.

Employees:

Company has satisfied and dedicated employees. In addition to this; the job

satisfaction is more. The prominent reasons being job security, better wages and

good working conditions.

Quality Checking:

Stringent hygienic measures are applied with regular laboratory testing. Every

raw material is tested by the quality department. Hence the products are reliable,

safe and non volatile.


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WEAKNESS:

Higher Lead Time:

Manufacturing and Heat Treatment both involves manual work so the overall

execution time to finish process is lapsed than planned date.

Power shortages:

Due to frequent electric power shortage, the company cannot utilize its resources

fully.

Transportation problem:

Since machines are bulky, they need to be given care in reaching the destination,

requiring an additional effort by the company.

No system to check for safety measures:

No proper system exists to check whether the worker is using safety wear or not,

which may lead to accidents. As breakouts happen regularly, there is no proper

system in checking whether employees wear safety equipment.

Cost:

The Company has many departments which lead to high over head costs. In

addition to this; hike in diesel price is an extra cost for the company

Raw Materials:

Cost and availability of the raw material is affected in every season.

OPPORTUNITIES:

Increasing buying power and customer base in India:

As there has been an enormous increase in takers for furnace machines; the

company has got the scope of increasing their profits.


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Diversification:

Expansion of product portfolio to diversify and thereby establish in this bigger

domestic market.

Higher demand:

As there is a demand for furnaces in the market, there will be an increase in

profitability because of the higher demand.

Better Purchasing Power:

Strong financial strength of the company has enabled a higher purchasing power.

If the raw materials are purchased in bulk quantity, the company could procure it

at a special discount.

Production Units:

Presence of production units in four states helps the company to widen its market

in national and international level.

CHALLENGES:

Entry of international players in domestic market: As India is advancing

economically, there has been an increasing competition from the international

companies which can affect the sales of the company.

Exchange rate fluctuations: Exchange rate fluctuations affect the company‟s

overall revenues since majority of its components are procured from overseas.

Competition: Competition from other manufacturers of organized and

unorganized sectors can affect the sales rate of the company. This in turn will

affect the overall growth of the company.

Cost:

Excess inventory carries an additional cost which can affect the line of credit.


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Findings

During the process of my organizational study the following findings were

found to be relevant.

i. We can observe that there is an increase in material cost, labor cost,

power and fuel cost every year.

ii. Since there is an increase in cost per product, an alternative material

is found without affecting the quality and customer requirement.

iii. There is a separate department called production planning

department which will work out machine capacity plan and then

assets requirements of machines and men.

iv. Workmen are expected to wear uniforms which will make them feel

equal.

v. HTFL is committed to Total Quality. TQM is very well managed and

controlled by the organization. More importance is given to quality of

the product which has to be maintained.

vi. Co-operation among the workers of the various departments are very

comfortable and flexible.


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Unique Findings

a) Equality and Open Culture:

Another notable and admirable ideology followed at HTFL is that of equality and

open culture. The common lunch hall is a perfect example to validate this fact. Here, the

same delicious meals are served to all employees, managers and shop floor mechanics

alike, giving no place for discrimination of seniority. On the contrary this builds a strong

feeling of oneness among the staff making them truly feel they are a significant and

intricate part of the Hightemp family.

Another notable experience is the sight that meets one‟s eyes at the office block

.There is no cubicles or separators throughout the office redefining a culture of

transparency in operations and communication without boundaries or hierarchical

discrimination.

b) The Green Initiative Eco Management:

The organisation is aware of the fact that business hinges on nature‟s fuel

resources and that this constantly scouts for process that will effectively reduce our

carbon foot print. At HTFL, business is closely linked to the capacity and capability to

serve customers in automotive sector.

As a result; the strategy is to recycle agricultural waste and wood waste as

biomass fuels, subject them to gasification, and couple this with an engine and a

generator, to produce power. This move will significantly reduce our carbon footprint by

virtue of being carbon neutral technology.

This green initiative from HTFL could possibly be a first of its kind in India where

heat treating co-exists with green power to reduce the carbon footprint.


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Suggestions or Recommendations

i. HTFL should make proper financial planning so that available funds are utilized

in a more efficient and effective manner.

ii. Company can earn profit by expanding the market by increasing the volume

growth in sales and production.

iii. Improve the canteen facility to the employees by appointing canteen managing

committee for maintaining food quality and hygiene standard.

iv. Company should reduce the idle capacity in order to increase the efficiency in the

operations which will speed up the production process and deliver the product on

time without any delay.

v. The company should give timely training for the employee‟s in order to upgrade

their knowledge in latest techniques.

vi. Safety equipments and measures are to be incorporated in the production

department.

vii. The company should get a completely accepted product design from the

customer during a contract.

viii. As there is a demand for furnaces in the market, there will be an increase in

profitability because of the higher demand. This will further have an effect in the

sales volume of the company thus enabling the company to have higher profits.

Conclusion

HTFL has witnessed a steady growth over the years – from being a builder of small

ovens and laboratory furnaces to become one of India‟s best known manufacturers of

Heat Treat Furnaces. The Company follows strict measures in developing better

product, which satisfies customer‟s interests and desire through innovative techniques.


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What sets apart is the fact that HTFL offers both Atmospheric Heat Treatment

Furnace Systems and Commercial Heat Treatment. By the study of production planning

and control in HTFL, the value of heat treatment plants has been increased to a great

extent from Rs. 391400, to Rs 432933. Latest technology in production has been

adopted. This has led to minimum wastage of time and resources working condition at

office is good.

One of the notable and admirable ideologies followed at HTFL is that of equality

and open culture. The common lunch hall is a perfect example to validate this fact. Here

,the same delicious meals are served to all employees, managers and shop floor

mechanics alike, giving no place for discrimination of seniority. Four decades since

inception, products and services from the HIGHTEMP portfolio have been ensuring the

delight factor for a growing customer base across the country.

As a pioneer in the furnace manufacturing industry, HTFL is determined to move

with the times, asking on new challenges, and achieving new milestones by

implementing the latest techniques of production.


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Bibliography

Reference books

Sl.NO Author Title of the Book Publisher Edition /

Year

1 Stephen P Robbins

& Timothy A Judge

Organisational

Behaviour

Pearson, NewDelhi 15 Edition /

2013

2 S.P.Jain &

K.L.Narang

Corporate

Accounting

Kalyanai

Publishers,New Delhi

2015

3 CA Pawan Sadra &

CA D G Sharma

Financial

Reporting

Taxmann's

Publications,New

Delhi

2013

Hightemp Furnaces Limited Business Guide.

Hightemp Furnaces Limited Audited Financial Statements.

Websites

www.hightemp-furnaces.com

http://www.hightemp-furnaces.com/