PROJECT REPORT ON STRATEGIES FOR IMPROVING HRD ACTIVITIES IN MINDA INDUSTRIES LTD.

, PANTNAGAR (UTTRAKHAND) Submitted in Partial Fulfillment of the Requirements for the bachelor s degree in business administration OF H.N.B.GARHWAL UNIVERSITY,SRINAGAR Session: 2011-2014 SUBMITTED TO Prof. Amar Mishra Naveeta Panwar BB11D09 BBA V SUBMITTED BY

ACKNOWLEDGEMENT I wish to express my appreciation to all those with whom I worked and whose thou ghts and inspection contributed towards the completion of this project. I offer my sincere and humble thanks to my guide Dr. Amar Mishra Asst. Professor , Institute of Management Studies, Dehradun for his guidance, encouragement and continuous inspiration throughout this project work. I also take the opportunity to express my thanks to various executives & staff m embers of Minda Industries, Pantnagar, for providing me necessary information, g uidance and moral support during my study & enabled me to successfully complete this project. I also acknowledge my sincere thanks to all those people who have directly or in directly assisted me in the completion of this project. Last but not least I would like to specially thank to my brother MR. Pritam who gave me valuable co-operation for completion of this project.

INTERNAL GUIDE CERTIFICATE I have the pleasure in certifying that Miss.Naveeta Panwar is a bonafide student s of Vth semester of the Bachelor s Degree in Business Administration (Batch 20011 -2014), of Institute of Management Studies, Dehradun under H.N.B. Garhwal univer sity Roll No. . He/She has completed his/her project work entitled ACTIVITIES. under my guidance. STRATEGIES FOR IMPROVING HRD

I certify that this is his/her original effort & has not been copied from any ot her source. This project has also not been submitted in any other Institute / Un iversity for the purpose of award of any Degree. This project fulfils the requirement of the curriculum prescribed by this Instit ute for the said course. I recommend this project work for evaluation & consider ation for the award of Degree to the student. Signature Name of the Guide Designation Date : : Dr. Amar Mishra : : .

EXECUTIVE SUMMARY

LIST OF CONTENTS

CHAPTER No. ACKNOWLEDGEMENT INTERNAL GUIDE CERTIFICATE EXECUTIVE SUMMERY OBJECTIVE OF THE STUDY INTRODUCTION RESEARCH METHODOLOGY DATA ANALYSIS FINDINGS OF THE STUDY LIMITATIONS OF THE PROJECT CONCLUSION RECOMMENDATIONS BIBLIOGRAPHY LIST OF FIGURES

DESCRIPTION STRATEGIC MODEL OF HRD PERFORMANCE MANAGEMENT SYSTEM COMPETENCY DEVELOPMENT PLAN CAREER MANAGEMENT TECHNIQUES FOR HR ISSUES. ORGANISATION DEVELOPMENT PROCESS STRATEGIES FOR T&D DATA ANALYSIS DATA ANALYSIS DATA ANALYSIS DATA ANALYSIS DATA ANALYSIS DATA ANALYSIS

OBJECTIVES OF THE STUDY The objectives of the study are:1. To prepare the organization to meet new dimensions according to the environme nt. 2. To adopt such plan so that alteration can be brought in the employee s performa nce. 3. To ensure an observable output with high quality. 4. To bring about desired changes skills, knowledge, and attitude in the employe e. 5. To prepare organization to meet high responsibility.

COMPANY PROFILE The NK Minda Group is India's foremost manufacturer of a range of automotive com ponents and is a leading supplier to global Original Equipment Manufacturers. Th e Group's product portfolio comprises of Switches, Batteries, Lighting, Horns, M irrors and Alternate Fuel Kits LPG. NK Minda Group has an annual turnover of Rs. 8.32 billion (USD 208 million). The Group has been clocking a Compound Annual Gr owth Rate (CAGR) of 40% in Annual Turnover (ATO). From Rs. 5.45 billion in FY 20 05-06, it grew to Rs. 8.32 billion in FY 2006-07. Today, the Group has a total o f 19 plants spread across India and Indonesia. Recognising the importance of the ASEAN market the group has set up a Greenfield manufacturing facility in Indone sia through a group company named PT Minda ASEAN Automotive which has commenced production and exports to other ASEAN countries. NK Minda Group works with the leading auto components specialists globally to br ing the most technologically advanced products to its customers. The Group has j oined hands with global leaders to constantly fine-tune its offerings and has so me of the most reputed automotive component manufacturers as its joint-venture p artners. The Minda Industries Board Comprises of: Mr. Mr. Mr. Mr. Mr. Mr. Mr. Mr. S.L. Minda Chairman Nirmal K. Minda Managing Director Ashok Minda Director B.R. Aggarwal Director Raja Ram Gupta Director Subash Lakhotia Director S. K. Arya Director Vivek Jindal Executive Director

MINDA MANUFACTURING SET UPS

GROWTH OF MINDA

N K MINDA GROUP GLOBAL PRESENCE Global Customers:USA:-International Trucks & John Deere U.K.:-Triumph France:-Peugeot Cars & Peugeot Motorcycles Italy:-Aprilla, Case New Holland, Piaggio & Iveco Thailand:-Suzuki & Yamaha Japan:-Yanmar Taiwan:-Kymco Phillipines:-Kawasaki, Suzuki & Yamaha Vinetnam:-SYM Malaysia:-Modenas, Suzuki & Yamaha Indonesia:-Kawasaki, Suzuki & Yamaha Domestic Customers:2 Wheelers Customers:Bajaj Auto Ltd. Hero Honda Motors Ltd. Kinetic Engineering Kinetic Motors Company LML Ltd. Hero Motors Honda Scooters & Motorcycles Ltd. Eicher (Royal Enfield) TVS Motors Ltd Suzuki Motorcycles Ltd Yamaha Motorcycles Ltd. Off roads Customers Eicher Tractors HMT Tractors Mahindra & Mahindra Massey Tafe 4 Wheelers Customers General Motors Honda Siel Maruti Suzuki Tata Motors

GROUP COMPANIES Minda Group is a specialized automotive components manufacturer that provides pr oducts and solutions to automobile companies across the globe. The Group compris es of the following companies : Minda Industries Limited Minda Industries Limited is the flagship company of the Minda Group. It designs, develops and manufactures switches for 2/3 wheelers and off-road vehicles. In addition, Minda Industries Limited manufactures batteries for 2/3/4 wheelers and off-road vehicles. Minda Industrie s already enjoys more than 70% market share in the 2/3 wheeler segment in India and is amongst the top few globally. Today, Minda Industries is over Rs. 3.04 bi llion (USD 67.5 million) company and is on a rapid expansion spree. It is geared to take on global competition and has already made inroads into the ASEAN marke t. Minda Industries is on its way to becoming the favored vendor for 2/3 wheeler switches globally. Minda Industries Limited has established 8 state of the art facilities spread across the length & breadth of India and one in the ASEAN regi on and employs more than 2800 people. The various product offerings include: Lever and Holder Assembly Grips Handle Bar Switch Brake Handle Bar System Assembly Switch The company also designs different types of switches like Rotary Switch, Handle Bar Switch, Plunger Type Switch, Rocker Switch, Grip, . Mindarika Pvt. ltd. Mindarika Pvt. Ltd. is a Joint Venture between Minda Industries Limited, Tokai R ika Company Limited, Japan and Sumitomo Corporation, Japan to produce automotive switches for four-wheeler vehicles.With Rs. 1.1 billion (USD 24.7 million) in r evenue, it is India s largest four wheeler automotive switch manufacturer. The com pany has a manufacturing facility at Gurgaon and employs 400 people. Mindarika i s consistently winning accolades across categories of products in the automotive switches segment. The core strengths at Mindarika are skilled manpower, adheren ce to the highest quality standards and providing cost effective solutions. Minda TYC Automotive Limited Minda TYC Automotive Limited is a Joint Venture between Minda Industries Limited and TYC Brother Industrial Company Limited, Taiwan to produce automotive lighting. The company h as manufacturing facilities in Sonepat, Gurgaon and Pune and employs around 400 people. Minda TYC produces a variety of world-class lighting products for the 2/3 wheele rs and off-road vehicles, as for four-wheeler vehicles. Minda Fiamm Acoustic Limited Minda Fiamm Acoustic Limited is a Joint Venture between Minda Industries Limited

and Fiamm S.p.A, Italy to produce 2/3 wheeler automotive horns. The Rs. 350 mil lion (USD 8 million) company has manufacturing facilities in Delhi, Gurgaon and Pantnagar and employs over 300 pe ople. Today, Minda Fiamm is the leader player in the Indian automotive horn industry. It offers customized products and solutions for a range of automotive acoustic problems. Minda Fiamm utilizes the experience of its joint venture partner, FIAMM S.p.A. of Italy, to offer R&D exp ertise and capabilities to the Indian customer. Minda Auto Gas Limited Minda Autogas Limited began as Minda Impco Limited - a Joint Venture between NK Minda