NAME-MAYANK MISHRACLASS-XI SECTION-COM AROLL NO-21

SUBJECT-ENTREPRENEURSHIP

A VISIT TO THACKER DAIRY

INDEXSL.NO TOPIC PAGE

NOTEACHER

SIGN

1 ACKNOWLEDGEMENT

1

2 INTRODUCTION

2

3 HISTORY 3

4 NATURE OF BUSINESS

ORGANIZATION

4

5 DETERMINANTS FOR

LOCATION OF

BUSINESS UNIT

5

6 FORM OF BUSINESS

ORGANIZATION

6

7 LEVELS OF MANAGEMENT

7

8 Nutrition 8

9 PRODUCTS 9

10 AUXILIARIES INVOLVED

IN THE PROCESS

10-11

SL.NO TOPIC PAGENO

TEACHERSIGN

11 SOCIAL RESPONSIBI

LITY

12-13

12 PRODUCTION PROCESS

14-17

13 Quality control

17-18

14 TEAM 19-20

15 Code Of Conduct

21

16 Capital Structured Employed

22

17 SAFETY MEASURES

23

18 WORKING CONDITION

S FOR

LABOUR

24

19 CONCLUSION

25

20 BIBLOGRAPHY

26

I would like to convey my heart filled thanks to Mr.Lawrence Chettri entrepreneurship teacher, who always gave valuable suggestions and guidance during the completion of this project. He has been a source of inspiration during the completion of my project work. He helped me understand and remember important details of the project that I would have otherwise lost. My project has been a success only because of his guidance. I would also like to convey my thanks to the school management for organizing such an educational trip to Thacker’s Dairy.

ACKNOWLEDGEMENT

INTRODUCTIONThe Thacker family dairy business all started with Late Shri Narayanji Jivandas Thacker . Shri Narayanji had sown the seeds of what a beautiful garden it is today . Since then , the next generations have managed to grow and are still on the path of success . Shri Narayanji had begun the THACKER GROUP way back in the year of Independence , i.e. , 1948 . There has been no scope to look back since then . The Thacker Group , then dealt in Dry Fruits & Nuts , Elmac Foods and etc.Then in the year 1995 seeds of THACKER DAIRY were sown by Mr. Dinesh N. Thacker , son of Late Shri Narayanji Jivandas Thacker . Thacker Dairy deals in various list of items including milk , butter , paneer , dahi , skimmed milk powder and many other . The Dairy Plant is located in Andul , Howrah District of West Bengal . The farm was established with the aim to deliver farm fresh premium dairy products . Even in the fast-paced , technology-driven world , we live in today that our objective still remains the same . We use milk of highest quality to make our delicious and mouth-watering dairy products , we bottle in recyclable containers and deliver them at your nearest point of reach .

The group was founded in 1948 by Late Shri Narayanji Jivandas Thacker. Since then, the group has diversified into the field of Dairy Industry, Dry Fruits and Nuts, Pickles, Chutneys, Juices and various other Food Products etc.In 1995, Thacker Dairy Products Private Limited started its dairy processing centre in West Bengal. By doing so, it became the 1st Private Dairy in West Bengal, with the vision and aim to organize the then unorganized milk market in and around Kolkata which was at that time filled with local milk sellers in an unhygienic manner. After being a Pioneer in the development and the change of the milk market in West Bengal, Thacker Dairy in 1998 looked at the procurement of milk in West Bengal, which was also much unorganized. Thacker Dairy set up a chilling centre in Shyampur, in 1998, again becoming the first private Dairy in West Bengal to do so. With the help of the chilling centre, Thacker Dairy ensured that the milk it used in its factory was fresh and direct from the farmers. In 2010, Thacker Dairy has become the 1st to set up a Spray Drier Plant in the whole of Eastern India. By doing so, Thacker Dairy will be able to convert the milk into Skimmed Milk Powder and Butter/Ghee and market it in West Bengal. By setting up the Spray Drier Plant, Thacker Dairy will manufacture and ensure that the slowly ensure that West Bengal becomes an independent state in terms of dairy products. From 1995 to 2010, in 15 years, Thacker Dairy has been a pioneer in the dairy industry in West Bengal, with its aim and vision being the development of West Bengal and slowly making West Bengal an independent state which manufactures its own dairy products.

HISTORY

NATURE OF BUSINESS

ORGANIZATION

As the name Thacker Dairy pvt. ltd . Itself suggests that it is a dairy industry. Dairy Industry is generally concerned with production of milk and other dairy related products like cheese, curd, milk powder, ghee etc. since Thacker dairy is involved in all these activites so it is termed as a dairy industry. Thacker dairy collects the raw milk from rural areas and then processes it to make make various dairy products , so it is a manufacturing industry which falls under the category of secondary industries . Thacker dairy has only factory in Andul, West Bengal and it is the manufacturer as well the distributor of its products .It is the leading producer of dairy products in the entire Eastern zone . Thacker dairy aims for long-term production of milk or other milk products, usually from dairy cows but also from goats, sheep and camels, which may be either processed on-site or transported to the dairy plant for processing and eventual retail sale.

DETERMINANTS FOR LOCATION

OF BUSINESS UNITThe Thacker Dairy Plant is located in Andul, Howrah District of West Bengal.

The Key Determinants of their location are:•Availability of CHEAP labour and manpower in the nearby districts of Howrah•Easy availability of land at lower costs than in the city• Low Cost of Production•Easier transportation and movement of raw materials to the plant and finished goods to the market•Nearby local market for sale

FORM OF BUSINESS

ORGANIZATIONPRIVATE COMPANIES ARE GENERALLY REQUIRED TO HAVE THE SUFFIX LIMITED ( OFTEN WRITTEN AS LTD.) OR INCORPORATED AS PART OF THEIR NAME . SINCE THACKER DAIRY HAS PVT. LTD. ATTACHED TO ITS NAME THUS INDICATING THAT IT IS A PRIVATE COMPANY . PRIVATE COMPANIES MAY ISSUE STOCK AND HAVE SHAREHOLDERS . HOWEVER THEIR SHARES DO NOT TRADE ON PUBLIC EXCHANGES AND ARE NOT ISSUED THROUGH AN INITIAL PUBLIC OFFERING . BEING A PRIVATE COMPANY , THEY DO NOT NEED TO MEET THE STRICT SECURITIES AND EXCHANGE COMMISIION FILING REQUIREMENTS OF PUBLIC COMPANIES . THUS BEING A PRIVATE COMPANY THE THACKER GROUP ENJOYS CERTAINS ADVANTAGES AS WELL AS DISADVANTAGES .

LEVELS OF MANAGEMENT

•BOARD OF DIRECTORS(BOD)•CHIEF EXECUTIVE OFFICER(CEO)•GENERAL MANAGER(GM)•MANAGING DIRECTOR(MD)•HEAD OF DIRECTOR(HOD)•SKILLED WORKERSLABOURERS

Milk and milk products are an important component of a balanced diet . It is considered as one of the world's most 'complete' foods and the richest dietary source of calcium . The nutrients in dairy foods help to prevent dental cavities , high blood pressure , stroke and kidney stones . Milk contains over 10 essential nutrients :CALCIUM - Strong bones and teeth . Muscle Function.CARBOHYDRATE (Lactose) - Fuel for the body . Assists growth and vitality.MAGNESIUM - Muscular function . Energy transfer with body.PHOSPHORUS - Strong bones and teeth . Release of energy.POTASSIUM - Blood pressure control , muscle and nerve function.PROTEIN - Growth and development . Muscle strength . Healing wounds.VITAMIN B2 - Growth . Healthy eyes and skin.VITAMIN A - Immune function . Heaalthy eyesight and skin.VITAMIN B12 - Brain and nerve function . Production of red blood cells.ZINC - Immune function . Growth and development.Evidence shows that by including milk and products made out of milk a day , every 24 hours , people on reduced calorie diets loose more weight and fat than those who do not include milk in their diet . Now , there are even more reasons to enjoy a glass of milk . 

Nutrition

PRODUCTSThacker Dairy manufactures wide variety of products which include

PRODUCT FAT(%) SNF(%)

TONED 3% 8.5%

COW 3% 8.5%

DOUBLE TONED

1.5% 9%

FULL CREAM 6% 9%

STANDARDISED

4.5% 8.5%

•MILK

•GHEE•GAWA GHEE•PURE COW GHEE•PURE GAWA GHEE•PANEER•BUTTER•DAHI•FLAVOURED MILK•ICE-CREAM0

AUXILIARIES INVOLVED

IN THE PROCESSTRANSPORT :– Transport facilitates movement of raw materials and finishes goods from factories to the place of consumption.

BANKING & FINANCE :– Banking helps business activities overcome the problem of finance. Banks lend money through loans and advances and also provides with various other facilities.INSURANCE :– Business involves various types of risks. Factory building, goods and employees need to be protected. Insurance provides cover against these risks.

ADVERTISING :– It is one of the most important method to promote products. It Helps in providing information about the goods and services available in the market for purchase.

WAREHOUSING :– Goods are not sold or consumes immediately after production. They are held in stock so as to make them available when required. Warehousing helps business firms to overcome the problem of storage and facilitates availability of goods when needed.

SOCIAL RESPONSIBILITY

Social responsibility  is an ethical theory that an entity, be it an organization or individual, has an obligation to act to benefit society at large. Social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystem.For Thacker Dairy, a commitment to responsible business practices includes an unwavering dedication towards society's health and welfare. Some of our activities include:•Bulk Milk Coolers: Several Bulk Mill Coolers installations have been done at villages to ensure fresh quality milk. The Coolers are an Integral Part of Milk Management system which helps maintain milk in refrigerated condition from source to retail.•Increase the Quality of Life for Farmers and Society at large: They aim to have Automated Dairy Farms in near future. This would also have an R & D Division to bring good breed of cows for the Development and Economy of Local Farmers.

•Providing the Youth with a Livelihood by educating them on Dairy Technology: Plans include starting an Institution on dairy technology, dairy engineering and animal husbandry with International Standard to impart the Best Knowledge to the Youth of West Bengal for future development.•Economical Development of Agro  Based Farmers: Thacker's Food Park with International Standard Infrastructure with own Bio - Gas Electricity Generation Point, Common Effluent Treatment & Pollution Control, Multi Purpose Cold Storage & In Built Laboratory for Testing of all Agro based Products, Common R & D Division for upgrading Agro Technology will help Economic Development of Agro Based Farmers of West Bengal. 

PRODUCTION PROCESS

MILK:-

•PROCUREMENT- Raw milk is procured from farmers in rural areas. Thacker Dairy has also set up chilling centers in Shyampur to collect milk and process it into SMPs•PASTEURIZATION-This process is done to kill the bacteria present by hearing it and immediate colling.•MICRO-FILTRATION-This process separates cream from whey.•HOMOGENIZATION-This is a treatment that prevents a cream layer from separating out of the milk.the milk is pumped at high pressures through narrow tubes breaking up fat globules. Milk is also tested in lab after processing.•CHILLING-Milk is sent to cold rooms and cooled•PACKAGING-Milk is packed into various plastic pouches.

Curd •The milk to be used to prepare curd is pre- treated and it undergoes a standardization process to ensure a specific fat content . •after pasteurization of milk , the solid composition is adjusted and stabilizers are added to it .• the milk is then cooled and fermentation process takes place . it is held at a certain temperature for three to four hours .•Then the curd id packed into pouches .• Finally the curd is ready to be sold in the market .

ICE CREAM • First , the milk passes through homogenizer . This machine pasteurizes the milk . Thus purifying it and also leads to less spoilage .• It then goes to the storage tank , from there it is carried onto the flavour tank manually .• Now it goes through the continous freezer leading to the formation of ice cream .• Thereafter, packaging of the product is done ( stick feeding system is a machine used for packaging of ice cream

Ice cream is produced both manually and automatically according to market demand .

Quality controlThacker dairy products pvt. Ltd. Is an iso 22000:2005 certified company . the iso specifies requirements for a food safety management system , where an organization in the food chain needs to demonstrate its ability to control food safety hazards in order to ensure that food is safe at the time of human consumption . they are also certified by sgs . sgs inspects and verifies the quantity, weight and quality of traded goods . they also check the product quality so as to ensure that it meets the regulatory standards set by the government .

ISO certificate

TEAMWhen it comes to the success of a dairy farm , TEAMWORK is an essential ingredient . Thacker Dairy Products Pvt. Ltd. operate thein functions with a team of skilled and trained professionals who take into consideration all aspects of farming.

Role of a FARM OWNER - The farm owner has a significant finacial investment in the farm and therefore , is ultimately responsible for the performance , strategic growth and development of the farm . An owner must be highly skilled in all aspects of farm operations . The owner also sets the business directions and policies within which the farm operates , so it is hihgly essential that the farm owner is knowledgeable and skilled in business and farm management.

Role of a NUTRITIONIST - He/she is an animal health professional who specializes in the nutritional needs of dairy cows . his major responsibilities are to recommend optimal diets to farmers and regularly monitor how cows respond to their feeding program .

Role of a HERDSMAN - A Herdsman is a trained individual who oversees and manages the day-to-day operation of the dairy herd . A skilled herdsman knows the habits and personality quirks of all cows under his/her care and the quality of milk each cow is producing . He/she only monitors animal health and breeding , manages vaccination protocols and work closely with veterinarians and oversees the speciality roles on the farm including the nutrition manager , hoof manager, calf manager to ensure that the farm runs efficiently and can address any issues the moment they arise.

Role of a VETERINARIAN - They are animal doctors who have earne a degree in veterinary medicine . They specialize in the treatment of cows and work directly with dairy farmers at their farms on a regular basis to ensure healthy herds , provide preventive care and specific medical

attention when needed .  

CODE OF CONDUCT Many Dairy farms and factories are now

developing a specific “Code Of Conduct” . Enterprises with effective ethics programmes do define the principles of conduct for the whole organization in the form of written document which is referred as the code. This generally covers the areas such as fundamental honesty and adherence to laws ; product safety and quality ; health and safety in the workplace ; fairness in selling / marketing practices and financial reporting.

Some of the key principles are –• General standard of conduct• Equal opportunities to all• Conflict of interest• Compliance• Relation with customer• Honesty• Accountability and Openness• Commitment• Environment, health and safety

CAPITAL STRUCTURED

EMPLOYEDThacker Diary is private limited

company . Hence , it cannot raise their capital from general public .The owners of the company have their specific share contribution towards the capital of company.

The capital is company is divided as – i] 60 % Black Capitals . ii] 40 % owners Capital .

The owner of the company contributes 40 % of the total capital and their liability is limited to the amount of capital invested by them.

The company’s 60% capital is raised through loans from Banks.

Company also raises funds through retained earnings and major loan is taken form the canara Bank.

In Thacker Dairy all protection and safety measures are taken to reduce the number of accidents involving workers.

•Fencing of Machinery: All machines are checked frequently. Safeguards of substantial construction have been raised and constantly maintained and kept in position while the parts of machinery (they are fencing) are in motion or in use.

•Precautions in case of fire :• Every factory shall be provided with such

means of escape in case of fire as may be prescribed

• In every factory, the doors affording exit from any room shall not be locked so that they cannot be easily and immediately opened from the inside while any person is within the room, and all such doors, unless they are of sliding type, shall be constructed to open outwards.

• Every door, window or other exit affording a means to escape in case of fire shall be distinctively marked in a language understood by the majority of the workers.

• An effective and clearly audible means of giving warning, in case of fire, to every person shall be provided in the factory.

• A free passage–way giving access to each means of escape in case of fire shall be maintained for the use of all workers in the factory.

•Safety of Building and Machinery: In case it appears that any building, machinery or plant in a factory is in such a condition that it is dangerous to human life or safety, the manager of the factory may be served an order specifying measures to be adopted as prescribed.

SAFETY MEASURES

WORKING CONDITIONS FOR LABOUR

Thacker Dairy follows all labour laws implemented by the government.•The Minimum Wages Act, 1948 •The Employees’ State Insurance Act, 1948 •The Child Labour (Prohibition and Regulation) Act, 1986. Etc.Other than this the Thacker Group also provides proper working conditions for the labourers:•Daily wages and statutory fixing of minimum wages to be paid to skilled and unskilled labours.•Pensions, insurance and other benefits after retirement.Training before employment is given to the workers etc.

Thacker Dairy manufactures dairy products that are 100% natural. They use of latest technology in Thacker Dairy production units ensures superior quality and freshness of our products, giving them unique taste and flavor. It is an established business entity engaged in manufacturing and supplying of various dairy based food products like Milk, Ghee, Paneer, Butter, Ice-creams and many more. From its establishment in 1948 till today it still fights for becoming the leading milk producing industry in west Bengal.Established in 1948 Thacker Dairy is a sole proprietorship firm located in Andul, Howrah District. The 100 workers working here produce milk and other milk products. Thacker Dairy provides training facilities and many benefits to the workers.Their Mission is to provide high quality standard milk based products from pedigreed and healthy cows and to continually improve their management to appear as a leader in Dairy Farming.

CONCLUSION

BIBLOGRAPHYI would like to thank:•The Thacker Dairy Group for allowing us to this educational trip to their Dairy Plant

I got my information from:•www.thackergroup.co.in/•www.google.co.in