Report of In-Plant Training

In

Varroc Engineering Ltd. - AMD, Aurangabad

By
Mr. Uday Nitin Tambi
T44111
Submitted in partial fulfillment of the requirement for
Degree of Bachelor of Technology
In
Electronics and Telecommunication Engineering
Of
Dr. Babasaheb Ambedkar Marathwada University,
Aurangabad.

Department of Electronics and Telecommunication Engineering,

Maharashtra Institute of Technology,
Aurangabad.
2019 - 2020
 CERTIFICATE

This is to certify that In-Plant Training Report

Submitted By

Mr. Uday Nitin Tambi

T44111

Has completed as per the requirement of the Dr. Babasaheb Ambedkar

Marathwada University, Aurangabad in partial fulfillment of
Degree of Bachelor of Technology
In
Electronics and Telecommunication Engineering.
For the academic year 2019 - 2020

Mr. R. L. Gaike Mr. V. R. Gosavi Dr. G. S. Sable Dr. S. P. Bhosle

Guide IPT Coordinator Head of the Department Principal

 ACKNOWLEDGEMENT

The internship opportunity I had with Varroc Engineering Ltd. – AMD was a great
chance for learning and professional development. Therefore, I consider myself as a very
lucky individual as I was provided with an opportunity to be a part of it. I am also grateful
for having a chance to meet so many wonderful people and professionals who led me
though this IPT period.

Bearing in mind previous I am using this opportunity to express my deepest gratitude and
special thanks to HR of Varroc Engineering Ltd. – AMD who in spite of being
extraordinarily busy with her/his duties, took time out to hear, guide and keep me on the
correct path and allowing me to carry out my IPT at their esteemed organization.

I express my deepest thanks to Mr. Rajendra Tupe, Sr. Officer HR for taking part in
useful decision & giving necessary advices and guidance and arranged all facilities to
make life easier. I choose this moment to acknowledge his contribution gratefully.

It is my radiant sentiment to place on record my best regards, deepest sense of gratitude

to Mr. Sandeep Nair, Sr. Officer Export, Mr. Digamber Harel, Asst. Officer HR,
Mr. Vikram Sarvaiye, Officer IT and Mr. Manish Kanojiya, Officer Quality for their
careful and precious guidance which were extremely valuable for my study both
theoretically and practically. I thank each and every manager and officer for guiding me
and suggesting which is of immense help to me.

I thank Maharashtra Institute of Technology for offering me such a wonderful and

challenging opportunity to be a trainee in industry in my academics. I offer a special
thanks to Mr. G. S. Sable, HOD, E&TC Department and my internal IPT guide
Mr. R. L. Gaike for their valuable help and support in successful completion of the IPT.
I perceive as this opportunity as a big milestone in my career development. Hope to
continue cooperation with all of you in the future.

With Sincere Regards,

Mr. Uday N. Tambi

 CONTENTS
Sr. Pg.
TOPIC
No. No.

1. INTRODUCTION 1

1.1 Company Profile 2

1.2 Brief History 7

1.3 Beyond Business Excellence 12

1.4 Policies of Varroc - AMD 12

2. PRODUCTS 15

3. VENDORS 23

3.1 Process Flow for Inward 24

3.2 Process Flow for Outward 27

4. DEPARTMENTS AND PLANT 28

4.1 Sections 28

4.2 Export Department 32

4.3 Accounts & Finance Department 39

4.4 Human Resources Management 45

4.5 Purchase Department 54

4.6 Store Department 57

4.7 Logistics Department 61

4.8 Production Department 63

4.9 Quality Assurance 72

4.10 IT Department 77

4.11 Sales & Marketing 80

5. COMPETITORS 85

6. CONCLUSION 87

REFRENCES
 LIST OF FIGURES

Fig. Pg.
Name of Figure
No. No.

1.1 Core Values 4

1.2 Global Footprints of Varroc 7

2.1 Starter Motor 15

2.2 Oil Filter 15

2.3 Head Lights 15

2.4 CDI 15

2.5 RR 16

2.6 Engine Oil 16

2.7 Electrical Circuit of 2 and 3 Wheeler 16

3.1 Inward Flow Chart 24

3.2 Bajaj Logo 25

3.3 Audi Logo 25

3.4 M&M Logo 25

3.5 Ford Logo 25

3.6 JCB Logo 25

3.7 Royal Enfield Logo 26

3.8 Honda Logo 26

3.9 Land Rover Logo 26

3.10 Piaggio Logo 26

3.11 Polaris Logo 26

3.12 Flowchart for Dispatch 27

4.1 Countries of Exports 35

4.2 FOB 38

4.3 CIF 38

4.4 Shrink Wrapping Machine 67

 ABBREVIATIONS

AMD After Market Division

IPT In-Plant Training

OEM Original Equipment Manufacturer

USD United Stated Dollars

Pvt Private

Ltd Limited

CO Commanding Officer

OE Original Equipment

R&D Research & Development

HMSI Honda Motorcycle and Scooter India

CDI Capacitor Discharge Ignition

RR Regulator Rectifier

RVM Rear View Mirror

FSI Front Side Indicator

ABS Antilock/ Antiskid Braking System

FRRH Front Right Hand

FRLH Front Left Hand

RRRH Rear Right Hand

RRLH Rear Left Hand

LH Left Hand

RH Right Hand

Gm Gram

SPM Suspended Particulate Matter

PVC Poly-Vinyl Chloride

AC Alternating Current

DC Direct Current

V Volt

BU Business Unit

SAARC South Asian Association for Regional Countries

SCR Silicon Controlled Rectifier

EN European Norms

MOM Minutes of Meeting

w.r.t with respect to

GRN Goods Received Note

QA Quality Assurance

SAP Systems, Applications, Products in Data Processing

MRP Maximum Retail Price

IT Information Technology

FY Financial Year

Sq. ft. Square feet

Cr Crore

PO Purchase Order

HR Human Resources

PI Performa Invoice

NPI New Product Launch

IGST Integrated Good and Service Tax

GST Good and Service Tax

FOB Free On Board

CIF Carrier and Insurance Freight

FCA Free Carriers

LC Letter of Credit
CHA Customs House Agent

B/L Bill of Lading

COO Certificate of Origin

ISFTA Indo – Sri-Lanka Free Trade Agreement

SAPTA South Asian Preferential Trade Agreement

EP Export Promotion

PQ Performance Qualification

P&L Profit and Loss

AP Accounts Payable

GAAP Generally Accepted Accounts Principle

PEO Professional Employer Organization

BPO Business Process Outsourcing

ASP Application Service Providers

NAPEO National Association of Professional Employment Organization

COBRA Consolidated Omnibus Budget Reconciliation Act

HRD Human Resources Department

FMLA Family and Medical Leave Act

KPI Key Performance Indicator

PR Purchase Requisition

ROL Rate On Line

LIC Life Insurance Corporation

LSP Logistics Service Providers

3PL Third Party Logistics

DIY Do It Yourself

DIFM Do It For Me

PET Polyethylene Terephthalate

CR Child Resistant
CD Compact Disk

GFEI Global Fuel Economy Initiative

MIS Management Information System

CRM Customer Relationship Manager

POS Point- Of- Sale

VOIP Voice Over Internet Protocol

MS Microsoft

DMM Digital Multimeter

DVOM Digital Volt-Ohm-Milliammeter

IPTV Internet Protocol Television

COPQ Cost Of Poor Quality