hindusthan machine tools

8/8/2019 Hindusthan Machine Tools

1/15

By

POOJITH.K.G

Reg.no. 09RWCMA067


2/15

HindustanHindustan MachineMachine ToolsTools isis aa publicpublic ltdltd companycompany startedstarted inin19551955 andand FirstFirst outputoutput isis givengiven inin 19551955.. HMTHMT ltdltd waswas incorporatedincorporated

asas HMTHMT ltdltd onon 0707--0202--19531953 hashas branchedbranched intointo 1616 factories,factories, 2424

divisionsdivisions andand 290000290000 employeesemployees intointo 1010 differentdifferent statesstates..JawaharlalJawaharlal NehruNehru inauguratedinaugurated andand RemarkedRemarked itit asas HMTHMT giftgift toto

countrycountry andand jeweljewel ofof countrycountry.. AllAll manufacturingmanufacturing ofof HMTHMT--MTLMTL

areare ISOISO 90019001 certifiedcertified..


3/15

ToTo bebe aa leadingleading globalglobal engineeringengineering conglomerateconglomerate focusedfocused

onon customercustomer delightdelight inin ourour fieldsfields ofof fieldfield ss ofof EndeavourEndeavour .


4/15

yy To establish ourselves as one of the worlds premierTo establish ourselves as one of the worlds premier

companies in the engineering field having strongcompanies in the engineering field having strong

international competitiveness.international competitiveness.

yy To achieve market leadership in India through ensuringTo achieve market leadership in India through ensuring

customer satisfaction by supplying internationallycustomer satisfaction by supplying internationally

competitive products and services.competitive products and services.

yy To achieve sustained growth in the earnings of the groupTo achieve sustained growth in the earnings of the group

on behalf of shareholders.on behalf of shareholders.


5/15

yy To encourage the modernization of Indian industry through theTo encourage the modernization of Indian industry through the

supply of engineering goods and services of world classsupply of engineering goods and services of world class

excellence.excellence.

yy To maintain technological leadership through continuous effortsTo maintain technological leadership through continuous efforts

to update product technology and manufacturing methods.to update product technology and manufacturing methods.

yy To globalize our operations by developing a mix of internationalTo globalize our operations by developing a mix of international

markets and businesses.markets and businesses.

yy To present an active, pleasant and productive workingTo present an active, pleasant and productive working

environment.environment.


6/15


7/15

yy Production DepartmentProduction Department

yy Planning DepartmentPlanning Department

yy Finance DepartmentFinance Department

yy Human Resource DepartmentHuman Resource Department


8/15

y Planning of materialy Planning Process

y Planning of tools

y Planning of Machineries

y

Estimation

HumanHuman Resources Department:Resources Department:

yy Recruitment and SelectionRecruitment and Selection

yy Training ProcedureTraining Procedureyy Performance AppraisalPerformance Appraisal

yy Welfare DepartmentWelfare Department


9/15

StrengthStrength

y Good brand image.

y Skilled manpower.

y Well-Established manufacturing units.

y Huge infrastructure facilities.


10/15

yy Delay in implementing new system.Delay in implementing new system.

yy

Surplus man power in some division.Surplus man power in some division.yy No internal control.No internal control.

yy Wide gap in communication.Wide gap in communication.


11/15

yy Modernization of railways and plants.Modernization of railways and plants.

yy Renovation and upgrading of machine tools.Renovation and upgrading of machine tools.

yy Boom in the infrastructure to benefit HMT entry into earthBoom in the infrastructure to benefit HMT entry into earth

moving machines or higher HP tractors.moving machines or higher HP tractors.

yy HMT can deliver its products very faster to the customer byHMT can deliver its products very faster to the customer by

speeding up the production process.speeding up the production process.


12/15

yy The company has to face competition from both international asThe company has to face competition from both international as

well as domestic market.well as domestic market.

yy HMT is lagging behind in current trend technology of comparedHMT is lagging behind in current trend technology of compared

to MNC player.to MNC player.

yy Rise of Regional distributors selling on stock and Sale basis, onRise of Regional distributors selling on stock and Sale basis, on

behalf of foreign manufactures.behalf of foreign manufactures.

yy Competitors offering high technology machines throughCompetitors offering high technology machines through

collaboration up gradation of existing products and resorting ofcollaboration up gradation of existing products and resorting of

flexible prices.flexible prices.


13/15

yy Majority of respondents perceived HMT as a global playerMajority of respondents perceived HMT as a global player

and market leader in developing countries.and market leader in developing countries.

yy

The major kind of agent used by the company is trainingThe major kind of agent used by the company is trainingand orientation program.and orientation program.

yy There is resistance faced by the employee duringThere is resistance faced by the employee during

implementing the measures.implementing the measures.

yy There is close down of units during the pace ofThere is close down of units during the pace of

globalization.globalization.


14/15

yy TheThe companycompany shouldshould taketake stepssteps forfor productproduct diversificationdiversificationandand produceproduce newnew productsproducts suitingsuiting currentcurrent marketmarketrequirementsrequirements..

yy TheThe companycompany shouldshould applyapply newnew technologytechnology inin processprocess ofofmanufacturingmanufacturing whichwhich willwill increaseincrease thethe productionproduction andand savesaveonon timetime..

yy TheThe companycompany shouldshould improveimprove thethe qualityquality ofof productsproducts andandachieveachieve thethe intentionalintentional standardsstandards..


15/15

hindusthan machine tools

Documents