1) Introduction
1.1 Overview of the industry
1.1.1 Market size
1.1.2 Segmentation of auto component industry
1.1.3 Investment
1.1.4 Challenges faced by indian component industry
1.2 Profile of the organization
1.2.1 Partnership
1.2.2 Revenue brake up
1.2.3 Group purpose, vision and values
1.2.4 Manufacturing facilities
1.2.5 Policies
1.2.6 Lumax customers
1.3 Products of the organization
1.4 Competition information
Bibliography
1) Introduction
Engine parts
Drive transmission and steering parts
Body and chasis
Suspension and braking parts
Equipment's
Electrical parts
1.1.3 Investment
The Foreign Direct Investment (FDI) inflows into the Indian automotive*
industry during the period April 2000 – March 2019 were recorded at US$
21.38 billion, as per data by the Department for Promotion of Industry and
Internal Trade (DPIIT)).
1.1.4 Challenges faced by auto component industry
Raw material prices
Competitiveness
Inability to have dedicated R&D, Testing and design capability
Finance related issues
Market exposure
Manpower/Human resources related issues
1.2 Organization profile
Lumax auto technologies limited and Mannoh industrial co. Ltd. Formed a
joint venture Lumax Mannoh Allied Technologies Limited to design and
manufacture gear shift lever systems for manual automatic amt and cvt
transmissions in India. With complete local designing and testing capabilities
in India, the company is well equipped to design advanced technologies in
India to maintain cost competitiveness and give optimum benefit to its
customers.
1.2.1 Partnership
Cornaglia SPA, Italy
Mannoh industries Co. limited, Japan
Gill industries Inc., USA
Austem Co. Limited, Korea
Alpine, Japan
Ituran, Israel
FAE, Spain
JOPP, Germany
1.2.2 Revenue brake up
1.2.3 Group purpose, vision and values
Group Purpose : To deliver pride and progress with positivity.
Values : Respect
Integrity
Passion
Excellence
1.2.4 Manufacturing Facilities
Duration of internship was one and a half month i.e. 17 June to 31 July
2019. It’s a documentation job; all work is done at the Lumax mannoh allied
technologies office.
3) Conceptual discussion
03-07-2019 Study about the auto component industry To get knowledge about the
industry
04-07-2019 Study about the quotation process To learn about the various aspects
Contd. of quoting
05-07-2019 Study about the Request for To learn about how to review RFQ
quotation
07-07-2019 Sunday -
13-07-2019 On leave -
14-07-2019 Sunday -
19-07-2019 Visit the headquarter of company Learn how to interact with new
people
5) Learning and Limitations
Its provides us the opportunity to grow and learn before fully entering the
working world. Here are the learning’s from summer training :
i. Professional communication
ii. Networking is important
iii. Hard work
iv. Building relations and trust
v. Information about the auto component industry
vi. Behavior of market
vii. Technological changes
5.2 Limitations
LMAT employees did not provide me some data that could help me in the
study, because that is confidential according to them. Also find out relevant
data from pool is a major barriers for me.
I collected various information from departmental heads of LMAT. The
major problems is that they have a busy schedule, it wasted my lot of time
to wait for them, they have very little time for interaction, so find out
relevant information is very short interaction is another major barriers of my
study.
BIBLIOGRAPHY