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A Project Report On ORAGANIZATION STUDY OF PREVAIL CASTING PVT. LTD.” SHAPAR RAJKOT (For partial fulfillment of MBA) Submitted By: - Project Guided:- Rathod Vijay A. Mr. Kumar Gaurav M.B.A. SEM - III (Lecturer) -: Submitted To:- K.N.V.INSTITUTE OF BUSINESS MANAGEMENT (Affiliated to Saurashtra University) B\H khirsara Police Station, Kalawad Road, Metoda, Rajkot 360 003

Investment Casting- Vijay Rathod

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A project is made by me its helping for make mba summer internship project on Investment casting Organisation

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Page 1: Investment Casting- Vijay Rathod

A

Project Report

On

“ORAGANIZATION STUDY OF PREVAIL CASTING PVT. LTD.”

SHAPAR – RAJKOT

(For partial fulfillment of MBA)

Submitted By: - Project Guided:-

Rathod Vijay A. Mr. Kumar Gaurav

M.B.A. SEM - III (Lecturer)

-: Submitted To:-

K.N.V.INSTITUTE OF BUSINESS MANAGEMENT

(Affiliated to Saurashtra University)

B\H khirsara Police Station,

Kalawad Road,

Metoda,

Rajkot – 360 003

Page 2: Investment Casting- Vijay Rathod

PREFACE

In India, business and industrial management activities is a based for

the development of the country. There are many courses for Business and industrial activates

like MBA, BBA, etc.

Unless and until the principles and theories of management are not

applied in the practical field the managers would not be Successful in managing. In reality,

theoretical and practical Aspects are different in business keeping in view the fact of

Increasing complexity in business environment idea of practical training has been introduced

in the course of MBA. One needs to be very practical in today‘s fast moving and expanding

Market.

The aim of this training is to get an outlook of what we study inside the

class. Also management disciplines are very dynamic so only classroom study would not help

to grasp the entire Knowledge and therefore the students of MBA. Have practical training as

a vital aspect – ‗Applied knowledge is power‘.

I am very glad to have got a chance of getting training in a reputed

company –‗PREVAIL CASTING PVT. LTD.’ period of 6 weeks on all the aspects of

management studied.

According to me, these type of training shows the actual path before

one step toward it. Because it has been said ―well begun is half done‘‘ and for us it was

perfect beginning.

Page 3: Investment Casting- Vijay Rathod

DECLARATION

I, Vijay A. Rathod, the student of K.N.V. INSTITUTE OF

BUSINESS MANAGEMENT hereby declare that this project report is my original work

and is a result of my own efforts and dedication under the guidance of Mr. Kumar Gaurav.

I am submitting this report to the faculty of my collage for the partial

fulfillment of our requirement of the MBA Program conducted by Saurashtra University.

I also declare that this report has been not submitted to any other

organization or university for the award of any degree.

DATE: SIGNATURE

PLACE: RAJKOT (VIJAY A RATHOD)

SEM-III

Page 4: Investment Casting- Vijay Rathod

ACKNOWLEDGEMENT

Since efforts are always needed from many people to give life to the project work, and

I gratefully acknowledge my debt to those who contributed to the same.

Firstly I would like to thank Mr. Kanubhai Patel (Managing Director) for giving me an

opportunity to show my talent and utilize my knowledge along with practical experience in

their company

I would like to thank Mr. Jasmin Kachhadia (Marketing Manager) for giving me an

opportunity to work on the Summer Project “ORGANISATION STUDY OF PREVAIL

CASTING PVT. LTD.” Which has proved to be great experience learning for me.

Finally, I would like to express my profound thanks & gratitude to my Faculty

Mr. Kumar Gaurav for his unceasing efforts, encouragement, help, & unvaluable guidance

which has contributed to the success of the project.

Page 5: Investment Casting- Vijay Rathod

K.N.V INSTITUTE OF BUSINESS MANAGEMENT

B/H KHIRSARA POLICE STATION

KALAWAD ROAD, METODA

RAJKOT

Certificate

I hereby certify that Rathod Vijay Ashwinbhai student of MBA Sem. III has completed

project work entitled as “ORAGANIZATION STUDY OF PREVAIL CASTING PVT.

LTD.” under my guidance.

As per my knowledge this is his/her original work based on available

data and for partial fulfillment of MBA program.

Date: __________ Signature of Guide

Place: _________ Mr. Kumar Gaurav

Page 6: Investment Casting- Vijay Rathod

EXECUTIVE SUMMERY

THE study of master degree is not related with only theoretical aspects but

management people must know how to handle the organization and study of it in a practical

life. For this purpose I have selected and gone in manufacturing sector and have been

approved to get this training in ‗Prevail Casting Pvt. Ltd‘

Initially I have been inducted towards the entire organization as any employee

gets the induction program training. After it I have started my organizational study and have

gone through every departments of the organization. As I was in manufacturing unit I have

passed my maximum time in to understand production department and its products and

services of the organization. I have been explained the entire process of investment casting

step by step and various other sub processes of other products of the organization. The

operating system of the machinery and dispatch of finished goods. I have also seen

practically as its manufactures unit laboratory testing has to be there of finished goods which

I have been taught has to tested the products in it.

During this one & half month I have got an experience about working

condition of investment casting industry in Prevail Casting Pvt. Ltd. where I have met many

experience people who gave me knowledge of various departments.

Page 7: Investment Casting- Vijay Rathod

INDEX

Sr. No Particular Page No

A. EXECUTIVE SUMMARY 1

B.

INDUSTRIAL ANALYSIS

2

C.

COMPANY PROFILE & HISTORY

8

D.

INTRODUCTION

12

E.

DETAILS OF DEPARTMENTS

PRODUCTION DEPARTMENT

MARKETING DEPARTMENT

FINANCE DEPARTMENT

ADMINISTRATION DEPARTMENT

17

20

59

68

73

F.

SWOT ANALYSIS OF ORGANIZATION

76

G.

FINDINGS & SUGGESTION

81

H.

BIBLIOGRAPHY

83

Page 8: Investment Casting- Vijay Rathod
Page 9: Investment Casting- Vijay Rathod

BACKGROUND

Investment casting is a versatile process, used to manufacture parts

ranging from turbocharger wheels to golf club heads, from electronic boxes to hip

replacement implants. The industry, though heavily dependent on aerospace and defence

outlets, has expanded to meet a widening range of applications. Modern investment casting

has its roots in the demands of the Second World War, but it was the adoption of jet

propulsion for military and then for civilian aircraft that stimulated the transformation of the

ancient craft of lost wax casting into one of the foremost techniques of modern industry.

Investment casting expanded greatly worldwide during the 1980s, in

particular to meet growing demands for aircraft engine and airframe parts. Today, investment

casting is a leading part of the foundry industry, with investment castings now accounting for

15% by value of all cast metal production in the UK.

Meaning of Investment casting

A casting process in which an expendable pattern is surrounded by an

investment compound and then baked so that the investment is hardened to form a mold and

the pattern material may be melted and run off also called Precision casting.

Investment casting is also known as the lost wax process. This

process is one of the oldest manufacturing processes. The Egyptians used it in the time of the

Pharaohs to make gold jewelry (hence the name Investment) some 5,000 years ago. Intricate

shapes can be made with high accuracy. In addition, metals that are hard to machine or

fabricate are good candidates for this process.

Page 10: Investment Casting- Vijay Rathod

It can be used to make parts that cannot be produced by normal

manufacturing techniques, such as turbine blades that have complex shapes, or airplane parts

that have to withstand high temperatures.

The types of materials that can be cast are Aluminum alloys, Bronzes,

tool steels, stainless steels, Satellite, Hastelloys, and precious metals. Parts made with

investment castings often do not require any further machining, because of the close

tolerances that can be achieved.

Energy made a statistically significant contribution to economic

performance in terms of returns to scale. Those small enterprises, which were less energy

intensive, achieved higher returns to scale than those, which were more energy intensive.

Therefore, it is imperative for Indian Policy Makers to include ‗energy efficiency

improvement‘ programmers as part of the strategy for enhancing SSI competitiveness.

The Beginnings of Investment Casting

It was the successful solution of these problems that laid the

foundation for the modern investment casting industry.

One buoyant niche market relies on special techniques (including hot

isostatic pressing after casting) to produce components with fatigue strengths equal to

forgings. Castings can now be made for applications with oscillating stress.

The technique of investment casting is both one of the oldest and most

advanced of the metallurgical arts. Investment castings are at work in the fiery combustion

chambers of jet aircraft and in the sub-zero vacuum of space. Yet, the root of this technology,

the cire perdue or ―lostwax‖ method dates back to at least the fourth millennium B.C. The

artists and sculptors of ancient Egypt and Mesopotamia used the rudiments of the investment

casting process to create intricately detailed jewelry, pectorals and idols.

Page 11: Investment Casting- Vijay Rathod

Remarkably, civilizations as diverse as China‘s Han Dynasty, the

Benin Kingdom in Africa and the Aztecs of pre-Columbian Mexico employed similar

techniques. The cross-cultural adoption of this complex process implies a great degree of

commerce and communication in antiquity. In Renaissance Europe, the Italian Sculptor,

goldsmith and author, Benvenuto Cellini, cast his bronze masterpiece ―Perseus and the head

of Medusa‖ using the lost wax process. Cellini detailed his achievement in his famous

autobiography, one of the classics of world literature. The investment casting technique was

largely ignored by modern industry until the dawn of the twentieth century, when it was

―rediscovered‖ by the dental profession for producing crowns and inlays. The first

authenticated record of the use of investment casting in dentistry appears in apaper written by

Dr. D. Philbrook of Council Bluffs, Iowa in 1897.

However, the true significance of this process was not realized until

Dr. William H. Taggart of Chicago published his research in 1907. During World War II,

with urgent military demands overtaxing the machine tool industry, the art of investment

casting provided a shortcut for producing near-net-shape precision parts and allowed the use

of specialized alloys which could not readily be formed by alternative methods. The

investment casting process proved practical for many military components—and during the

postwar period it expanded into many commercial and industrial applications where complex

metal parts were needed, however, the process was still relatively obscure. It was in this

period that Hitchiner Manufacturing Co., Inc. was founded. In the decades that followed,

many innovations such as the shell process, the steam autoclave, conveyorization,

automation, and robotics have modernized and transformed the process. In today‘s world,

investment castings touch all of our lives. When we fly on an airplane, drive an automobile,

play golf, use a utility tool, power tool or hand tool, we are using investment castings.

Page 12: Investment Casting- Vijay Rathod

Investment Casting in the UK

Investment casters in the UK produce about 12% of world production, and by value the

industry accounts for 13-14% of UK casting output (significantly more than steel castings).

These are impressive figures and confirm the growing importance of investment casting.

Modernization of Investment Casting

Lost wax casting has been used for at least six millennia for sculpture

and jewellery. About 100 years ago, dental inlays and, later, surgical implants were made

using the technique. World War II and then the introduction of gas turbines for military

aircraft propulsion transformed the craft into a modern metal-forming process.

Turbine blades and vanes had to withstand higher temperatures as

designers increased engine efficiency by raising inlet gas temperatures. Initially, forged alloy

steels were used but soon more heat-resistant alloys were needed, leading to the development

of special nickel-base and to a lesser extent cobalt-base alloys, which became known as

‗superalloys‘. Further alloy developments allowed turbine operation at even higher

temperatures and greater efficiencies, but the materials became more refractory and less

forgeable by traditional methods although becoming more costly to machine (particularly to

the demanding airfoil configurations).

Page 13: Investment Casting- Vijay Rathod

Current scenario of Investment Casting Industry

Investment casting markets increased steadily over 40 years to the mid

1980s, when demands for new aircraft boosted both the sales of investment castings and

industry capacity. The market continued expanding up to 1990, when annual worldwide

turnover reached about £3,000 million. Over the next few years, aerospace and defence

demands dropped and output decreased, in some countries by as much as 15-20%. Since

1994, however, general commercial demand has picked up and with recent aircraft orders

turnover is approaching its previous high.

Based on data published in early 1996, annual world turnover is

estimated as £2,800 million. North America (essentially the US) accounts for about half,

Western Europe a quarter, and the Pacific Rim countries 20%. Within Western Europe, the

UK remains the biggest national producer with output of £300 million, followed by France

(£185 million) and Germany (£135 million). Britain is home to about 50 of the 125 or so

western European investment casting foundries, employing roughly 5,500 people in an

industry which leads the European community.

Page 14: Investment Casting- Vijay Rathod
Page 15: Investment Casting- Vijay Rathod
Page 16: Investment Casting- Vijay Rathod

COMPANY

Page 17: Investment Casting- Vijay Rathod

HISTORY AND DEVELOPMENT OF COMPANY:

Prevail Casting is a leading manufacturer of investment casting by lost

wax process, established in 1991. Our expertise and technology are based on years of

experience in production of Investment Casting. ―Customer Satisfaction‖ is our major

concern. It is always our best endeavor to supply the right part at right time at right cost.

Prevail Casting is a foremost producer of investment casting.

Established in1991, Prevail Casting employs the lost wax process while playing the part of

the versatile manufacturer. Our expertise, know-how and technology are founders of an era of

experience in production of investment casting.

Customer delight drives everything we do in Prevail Casting and

―Customer satisfaction‖ is our core interest. It is forever our paramount endeavor to deliver

the precise parts at exact time at accurate price tag.

Our key products are Investment castings by Lost Wax Process as per

customers‘ requirements. We can supervise Investment Casting parts with weight from a few

grams to 90 kg for a lone portion. We can furnish the fully machined castings in equipped to

assemble stipulation.

Page 18: Investment Casting- Vijay Rathod

Prevail Casting is a foremost producer of investment casting.

Established in1991, Prevail Casting employs the lost wax process while playing the part of

the versatile manufacturer. Our expertise, know-how and technology are founders of an

era of experience in production of investment casting.

Customer delight drives everything we do in Prevail Casting and

―Customer satisfaction‖ is our core interest. It is forever our paramount endeavor to deliver

the precise parts at exact time at accurate price tag.

Our key products are Investment castings by Lost Wax Process as per

customers‘ requirements. We can supervise Investment Casting parts with weight from a few

grams to 90 kg for a lone portion. We can furnish the fully machined castings in equipped to

assemble stipulation.

Page 19: Investment Casting- Vijay Rathod

COMPANY PROFILE

COMPANY NAME : PREVAIL CASTING PVT. LTD.

REGD. OFFICE

ADDRESS :

306, ASHISH COMMERCIAL COMPLEX,

SARDAR NAGAR MAIN ROAD,

RAJKOT 360001

PH-91-281-2480025

FACTORY

ADDRESS:

SURVEY NO. : 282 , VILLAGE : SHAPAR

TALUKA : KOTDA SANGANI

DIST. : RAJKOT- 360002

PH: +91-2827-252272 / 252871 / 252872

FAX : +91-2827-252271

E-MAIL : [email protected]

[email protected]

CONTACT

PERSON:

1. Mr. KANUBHAI PATEL

[MANAGING DIRECTOR]

Mob. : +91 98795 81681

2. Mr. ATUL PATEL [DIRECTOR-FINANCE]

Mob. : +91 98795 81881

3. Mr. JASMIN KACHHADIA

[MARKETING EXECUTIVE]

Mob. :+91 98795 81285

Page 20: Investment Casting- Vijay Rathod

BRANCH OFFICE

ADDRESS:

Mr. RAJIV PURI

[GENERAL MANAGER-MARKETING, WESTERN

INDIA]

B 3 101 TUSHAR RESIDENCEY

NR. KUNAL ICON OPP. HAPPY THOUGHTS

PIMPALE SAUDAGAR

AUNDH ANNEXE

PUNE-411027

Mob. : +91 9370145657

Email : [email protected]

YEAR OF

ESTABLISHMENT: 1991

G.S.T. NO. 24092500131 Dt. 12th September 2005

CAPITAL

INVESTMENT: 8.3 CRORE (APPX.) IN INR

BANKERS : CORPORATION BANK, S.S.I. BRANCH, TAGORE

ROAD, RAJKOT – 360002

BUILT UP AREA : 34000.00 sq.ft.

CAPACITY :

SINGLE PIECE

SIZE:

SINGLE PIECE

WEIGHT

500 X 500 X 300 mm Max.

70 Kg. Max.

Page 21: Investment Casting- Vijay Rathod

BOARD OF DIRECTORS

1. Mr. KANUBHAI PATEL MANAGING DIRECTOR

2. Mr. SHAILESH PATEL DIRECTOR

3. Mr. ATUL PATEL DIRECTOR

4. Mr. RAJIV PURI GENERAL MANAGER

5. Mr. JASMIN KACHHADIA MARKETING EXECUTIVE

Page 22: Investment Casting- Vijay Rathod

Leading Organizations

Of

Investment Casting in India

NAME OF THE COMPANY

CITY STATE

PREVAIL CASTING PVT. LTD. RAJKOT GUJARAT

NABS INDIA CHENNAI TAMILNADU

PARAM METAL TECH P LTD MOHALI PUNJAB

HI-CON TECHNOCAST PVT. LTD. RAJKOT GUJARAT

NOVA TECHNOCAST PVT. LTD SHAPAR

(VERAVAL)

GUJARAT

SOURCING SOLUTIONS BHAVNAGAR GUJARAT

SUZHIK TECHNO CAST PVT.LTD. AHMEDABAD GUJARAT

TRIDENT STEELS INVESTMENT

CASTINGS

BELGAUM KARNATAKA

CRESCENT FOUNDRY COMPANY PVT

LTD

KOLKATA KOLKATA

KAJECO INDUSTRIES AGRA UP

TIRUPATI INTERNATIONAL (P) LTD . KOLKATA KOLKATA

ALLINDIAGUIDE - EAST OF KAILASH NEW DELHI NEW DELHI

MEASURING WEIGHTS

MANUFACTURERS

NEW DELHI NEW DELHI

Page 23: Investment Casting- Vijay Rathod
Page 24: Investment Casting- Vijay Rathod

DETAILS OF COMPANY’S DEPARTMENTS:

There are many different departments in the company, their name & details are

below.

PRODUCTION DEPARTMENT :

PRODUCTS

ISO CERTIFICATES

PROCESS

LABORATORY

LABORATORY CERTIFICATES

MACHINERY

FINISH PRODUCT DEPARTMENT

STORAGE DEPARTMENT

MARKETING DEPARTMENT :

MARKET RESEARCH

MARKETING INFORMATION SYSTEM

ORGANIZATIONAL STRUCTURE

Page 25: Investment Casting- Vijay Rathod

FINANCIAL DEPARTMENT :

ACQUISITION OF FUNDS

ORGANIZATIONAL STRUCTURE

FINANCIAL PLANNING

ADMINISTRATION DEPARTMENT:

PRIMARY HEALTH CARE

TRAINING

CLUTURAL ACTIVITIES

Page 26: Investment Casting- Vijay Rathod
Page 27: Investment Casting- Vijay Rathod

Definition of Production

“The production function relates the output of a firm to the amount

of inputs, typically capital and labor.’’

Page 28: Investment Casting- Vijay Rathod

It is important to keep in mind that the production function describes

technology, not economic behavior. A firm may maximize its profits given its production

function, but generally takes the production function as a given element of that problem. (In

specialized long-run models, the firm may choose its capital investments to choose among

production technologies.)

General Process of Investment Casting

Casts can be made of the wax model itself, the direct method; or of a wax copy of a model

that need not be of wax, the indirect method. The following steps are for the indirect process,

which, in total, can take two days to one week to complete.

Produce a master pattern: An artist or mold-maker creates an original pattern from wax, clay,

wood, plastic, steel, or another material.[2]

Moldmaking:

A mold, known as the master die, is made of the master pattern. The

master pattern may be made from a low-melting-point metal, steel or wood. If a steel pattern

was created then a low-melting-point metal may be cast directly from the master pattern.

Rubber molds can also be cast directly from the master pattern. The first step may also be

skipped if the master die is machined directly into steel.

Produce the wax patterns:

Page 29: Investment Casting- Vijay Rathod

Although called a wax pattern pattern materials also include plastic and

frozen mercury.[2] Wax patterns may be produced in one of two ways. In one process the

wax is poured into the mold and swished around until an even coating, usually about 3 mm

(0.12 in) thick, covers the inner surface of the mold. This is repeated until the desired

thickness is reached. Another method is filling the entire mold with molten wax, and let it

cool, until a desired thickness has set on the surface of the mold. After this the rest of the wax

is poured out again, the mold is turned upside down and the wax layer is left to cool and

harden. With this method it is more difficult to control the overall thickness of the wax

layer.[citation needed]

If a core is required, there are two options: soluble wax or ceramic.

Soluble wax cores are designed to melt out of the investment coating with the rest of the wax

pattern, whereas ceramic cores remain part of the wax pattern and are removed after the

workpiece is cast.

Assemble the wax patterns:

The wax pattern is then removed from the mold. Depending on the

application multiple wax patterns may be created so that they can all be cast at once. In other

applications, multiple different wax patterns may be created and then assembled into one

complex pattern. In the first case the multiple patterns are attached to a wax sprue, with the

result known as a pattern cluster, or tree; as many as several hundred patterns may be

assembled into a tree.[3] Foundries often use registration marks to indicate exactly where

they go.[citation needed] The wax patterns are attached to the sprue or each other by means

of a heated metal tool.[2] The wax pattern may also be chased, which means the parting line

or flashing are rubbed out using the heated metal tool. Finally it is dressed, which means any

other imperfections are addressed so that the wax now looks like the finished piece.

Page 30: Investment Casting- Vijay Rathod

Investment:

The ceramic mold, known as the investment, is produced by three

repeating steps: coating, stuccoing, and hardening. The first step involves dipping the cluster

into a slurry of fine refractory material and then letting any excess drain off, so a uniform

surface is produced. This fine material is used first to give a smooth surface finish and

reproduce fine details. In the second step, the cluster is stuccoed with a coarse ceramic

particle, by dipping it into a fluidised bed, placing it in a rain sander, or by applying by hand.

Finally, the coating is allowed to harden. These steps are repeated until the investment is the

required thickness, which is usually 5 to 15 mm (0.2 to 0.6 in). Note that the first coatings are

known as prime coats. An alternative to multiple dips is to place the cluster upside-down in a

flask and then liquid investment material is poured into the flask. The flask is then vibrated to

allow entrapped air to escape and help the investment material fill in all of the details.

Common refractory materials used to create the investments are: silica,

zircon, various aluminium silicates, and alumina. Silica is usually used in the fused silica

form, but sometimes quartz is used because it is less expensive. Aluminium silicates are a

mixture of alumina and silica, where commonly used mixtures have an alumina content from

42 to 72%; at 72% alumina the compound is known as mullite. During the primary coat(s),

zircon-based refractories are commonly used, because zirconium is less likely to react with

the molten metal. Other refractory materials that have been used include molochite and

chamotte.[citation needed] Prior to silica, a mixture of plaster and ground up old molds

(chamotte) was used.

The binders used to hold the refractory material in place include: ethyl silicate (alcohol-based

and chemically set), colloidal silica (water-based, also known as silica sol, set by drying),

sodium silicate, and a hybrid of these controlled for pH and viscosity.

Page 31: Investment Casting- Vijay Rathod

Dewax:

The investment is then allowed to completely dry, which can take 16 to

48 hours. Drying can be enhanced by applying a vacuum or minimizing the environmental

humidity. It is then turned upside-down and placed in a furnace or autoclave to melt out

and/or vaporize the wax. Most shell failures occur at this point because the waxes used have a

thermal expansion coefficient that is much greater than the investment material surrounding

it, so as the wax is heated it expands and induces great stresses. In order to minimize these

stresses the wax is heated as rapidly as possible so that the surface of the wax can melt into

the surface of the investment or run out of the mold, which makes room for the rest of the

wax to expand. In certain situations holes may be drilled into the mold beforehand to help

reduce these stresses. Any wax that runs out of the mold is usually recovered and reused.

Burnout & preheating:

The mold is then subjected to a burnout, which heats the mold between

870 °C and 1095 °C to remove any moisture and residual wax, and to sinter the mold.

Sometimes this heating is also as the preheat, but other times the mold is allowed to cool so

that it can be tested. If any cracks are found they can be repaired with ceramic slurry or

special cements. The mold is preheated to allow the metal to stay liquid longer to fill any

details and to increase dimensional accuracy, because the mold and casting cool together.

Pouring:

The investment mold is then placed cup-upwards into a tub filled with

sand. The metal may be gravity poured, but if there are thin sections in the mold it may be

filled by applying positive air pressure, vacuum cast, tilt cast, pressure assisted pouring, or

centrifugal cast.

Page 32: Investment Casting- Vijay Rathod

Removal:

The shell is hammered, media blasted, vibrated, waterjeted, or

chemically dissolved (sometimes with liquid nitrogen) to release the casting. The sprue is cut

off and recycled. The casting may then be cleaned up to remove signs of the casting process,

usually by grinding.

Page 34: Investment Casting- Vijay Rathod

VALVES

Valve Parts include Investment Castings for Butterfly Valve, Globe Valve, Gate Valve, Ball

Valve and Valve Actuators in Steel and Stainless Steel. The smooth surface offered by

Investment Casting gives best efficiency.

Page 35: Investment Casting- Vijay Rathod

FOOD INDUSTRIES

Food Industries Parts includes Investment Casting Parts for Food Processing Machineries and

Equipments, mostly made of Stainless Steel. The parts are supplied with Vibro Polishing and

Glass Bead Blasting to improve surface finish.

Page 38: Investment Casting- Vijay Rathod

The Company is certified by the following

organization

1. Prevail Casting Pvt. Ltd. approved by ISO 9001 2000 / EN ISO 9001:2000 by

RWTUV, Germany

2. Prevail Casting Pvt. Ltd. approved by AD 2000-Merkblat WO by RWTUV,

Germany

3. PED/97/23/EC certification from RWTUV, Germany

4. N.A.B.L. approval for Chemical and Mechanical Testing

5. I. B.R. Approval

Page 39: Investment Casting- Vijay Rathod

Industries Served

Automotive/Transportation

Material handling

Machine tools

Food processing

Electronics

Art

Toys

Pumps and valves

Marine

Robotics

Defense

Medical products

Hand tools

scientific instrumentation

Page 40: Investment Casting- Vijay Rathod

INVESTMENT CASTING PROCESS

IN

PREVAIL CASTING

The investment casting process begins with fabrication of a sacrificial

pattern with the same basic geometrical shape as the finished cast part. Patterns are normally

made of investment casting wax that is injected into a metal wax injection die. Fabricating the

injection die often costs tens of thousands of dollars and can require several months of lead

time.

Once a wax pattern is produced, it is assembled with other wax

components to form a metal delivery system, called the gate and runner system. The entire

wax assembly is then dipped in ceramic slurry, covered with a sand stucco, and allowed to

dry. The dipping and stuccoing process is repeated until a shell of ~6-8 mm (1/4-3/8 in) is

applied.

Page 41: Investment Casting- Vijay Rathod

Once the ceramic has dried, the entire assembly is placed in a steam

autoclave to remove most of the wax. After autoclaving, the remaining amount of wax that

soaked into the ceramic shell is burned out in a furnace. At this point, all of the residual

pattern and gating material is removed, and the ceramic mold remains. The mold is then

preheated to a specific temperature and filled with molten metal, creating the metal casting.

Once the casting has cooled sufficiently, the mold shell is chipped

away from the casting. Next, the gates and runners are cut from the casting, and final

postprocessing (sandblasting, machining) is done to finish the casting. It shows the CAD

solid model, the shell, and the pattern produced in the QuickCast process.

Investment casting process description (cont'd.)

Page 42: Investment Casting- Vijay Rathod

Investment casting process description

CAD solid model (top), ceramic shell with Quick Cast pattern (left),

Quick Cast pattern (right).

Page 43: Investment Casting- Vijay Rathod

The major impact rapid prototyping processes have had on

investment casting is their ability to make high-quality patterns without the cost and lead

times associated with fabricating injection mold dies. In addition, a pattern can be fabricated

directly from a design engineer's computer-aided design (CAD) solid model. Now it is

possible to fabricate a complex pattern in a matter of hours and provide a casting in a matter

of days. Investment casting is usually required for fabricating complex shapes where other

manufacturing processes are too costly and time-consuming.

CAD solid model (top), SLS polycarbonate pattern (left),

A356 aluminum casting (right).

Stainless Steel

Investment Castings

Steel Investment

Castings

Aluminum Investment

Castings

Nickel and Cobalt

Alloy Investment

Castings

Page 44: Investment Casting- Vijay Rathod

PROCESS

This detailed explanation of the investment casting process is intended to help our customers

learn about investment casting to be able to make better purchasing decisions.

WAX INJECTION

Replicas of the desired investment casting are produced by injection molding or for smaller

volumes using rapid prototyping (SLA or SLS). These replicas are referred to as patterns.

ASSEMBLY OF WAX TREE

Patterns are then attached to a central wax stick, called a sprue, to form a casting. This is called a

wax tree.

CERAMIC SHELL BUILDING

The shell is built by immersing the wax tree assembly in liquid ceramic slurry and then into a bed

of fluidized fine sands. Up to eight layers may be applied in this manner depending on the shape

and weight of the part.

DEWAX

Once the ceramic is dry, the wax is then melted out, creating a negative impression of the

assembly within the ceramic and sand shell. This process uses autoclaves to maintain shell

integrity.

Page 45: Investment Casting- Vijay Rathod

CONVENTIONAL CASTING

Transfer Ladel

In the conventional lost wax casting process, the preheated shell (up

to 1800 deg F) is filled with molten metal by gravity pouring the

metal into the ceramic shell. As the metal cools, the parts, gates,

sprue and pouring cup become one solid casting. Shell temperature

and melt temperature will vary depending on the alloy.

KNOCKOUT

Once the metal is cooled and solid, the ceramic shell is broken off by

vibration or water blasting.

CUT OFF OF PARTS

The parts are then cut away from the central sprue using a high speed saw.

Page 46: Investment Casting- Vijay Rathod

FINISHED METAL INVESTMENT CASTINGS

After minor finishing operations, or possible required machining operations, the metal

investment castings--identical to the original wax patterns--are ready for shipment to the

customer from our metal investment casting China foundry. We are able to provide finished

stainless steel investment casting, steel investment casting, aluminum investment casting, cobalt

alloy investment casting, nickel alloy investment casting and precision investment castings.

WALL THICKNESS

Please call for tolerance specifications for wall thickness or any tolerances in general. Depending

on the metal or alloy, minimum wall thickness can range from 0.04 inches to 0.08 inches.

Page 47: Investment Casting- Vijay Rathod

Tool-Room:

“Best accurate tools ensure best accurate patterns.”

Prevail Casting supports in-house Tool Room to make dies with the shortest lead time for

sample production. We have CAD/CAM facility for die designing and manufacturing by

using 5-axis and 4-axis VMC from DMG, Germany.

Page 48: Investment Casting- Vijay Rathod

LABORATORY

Details Of Testing Procedure:

Chemical Testing:

Chemical testing using Spectrometer ARL-3460

(made in Switzerland), which is well calibrated

using setting up samples and certified reference

materials.

We have ability to check seventeen elements in our spectrometer. (C, Si, S, P, Mn, Ni, Cr,

Mo, Cu, V, Ti, W, Co, Nb, N, Al and Fe)

Page 49: Investment Casting- Vijay Rathod

Mechanical Testing:

Tensile Testing

Tensile testing using Universal Testing Machine of 10 ton

capacity, which is well calibrated.

It is equipped with Computerized Extensometer System to

calculate Yield Stress 0.2% and 1% Proof Stress.

Hardness Testing:

Hardness testing in HRC and HRB is done using Brinell

Hardness Testing Machine, which is well calibrated by

NABL.

Page 50: Investment Casting- Vijay Rathod

Micro Analysis:

Micro analysis using Olympus Microscope (made in Japan) with attached

Digital Camera up to 1000X magnification and Automatic Computerized Micro

Characterize Software. We can check following parameters.

1. ASTM Grain Size measurement

2. Linear Measurement/Angular Measurement

3. Inclusion Rating

4. Nodularity Of Cast Iron

5. Volume Fraction

6. Powder Particle Size Distribution

7. Hardness Indentation Mearsurement

Page 51: Investment Casting- Vijay Rathod

EQUIPMENT

SR.

NO

NAME OF

EQUIPMENT

SPECIFICATION MANUFECTURER NOS.

1 SPECTROMETER

ARL MODEL

NO.: 3460 WITH Ni,

Fe & Co BASE, 23

CHANNELS

APPLIED RESEARCH

LABORATORY-

SWITZERLAND

1

2 MICRO SCOPE

MODEL NO.:

CK40M

OLYMPUS-JAPAN

1

3 U.T.M.

10 TONNES

CAPACITY

FIE-ICHALKARNJI,

MAHARASTRA

1

4 ROCKWELL

HARDNESS

TESTING

MACHINE

RAS/RABI/RASM

RAB 250/TWIN

SAROJ

ENGINEERING

UDYOG PVT. LTD.

1

Page 52: Investment Casting- Vijay Rathod

CERTIFICATE

Page 53: Investment Casting- Vijay Rathod

MACHINING:

We have completely developed Conventional and CNC machine shop

with endowed and proficient staff to deliver castings in fully machined condition.

Our DMG, Germany makes VMC's with 5-axis and 4-axis machining

ability and Gildemeister; Germany creates CNC-Turning Machines. We have domestic

Fixture design and manufacturing facility as well and provide ―5-axis machining‖ and ―4-axis

Machining‖

Prevail Castings support standard and well calibrated instruments for

accurate inspection. The practice of in-process inspection of critical dimensions in our

company is distinctive.

CNC machine shop combined with Conventional Machining facility

ensures paramount accuracy and quality at unsurpassed competitive rates.

Page 54: Investment Casting- Vijay Rathod

CNC MACHINES

Page 55: Investment Casting- Vijay Rathod

FINISHED PRODUCT:

Page 56: Investment Casting- Vijay Rathod

.

Page 57: Investment Casting- Vijay Rathod

Investment castings, from India, China, and other parts of the Pacific Rim are making inroads

into the American market. Why? They are lower in cost and of high quality. Fine quality

products are now available in investment cast steel, aluminum, brass, bronze, high-nickel

alloys, and manganese steel. As with domestic sources, these "near net shape" parts often

need no machining and tooling cost is low, or even zero.

Page 58: Investment Casting- Vijay Rathod

Note the difference in finish between the sand cast product and the investment cast part on

the left. While sand cast steel parts are lower in cost, for a slightly more, you can have a

smooth finish that may help you avoid machining. These particular pieces were made both

ways. Machined castings are especially good candidates for investment casting.

These two different types of product like; sand casting & investment casting. Their

product are totally different each other in sand casting there are heavy weighted and

widest out look prouct and other side investment casting means wax product is also

very heavy weight but out look is small size product.

STORAGE DEPARTMENT:

Company has large capacity to store raw material of production process. They maintain

goods input as well as output register.

Page 59: Investment Casting- Vijay Rathod

SEGMENT WISE PERFORMANCE:

The Company has only one segment as its total investment is in

Investment Casting only. Company has undertaken employees‘ development initiatives,

which have very positive impact on the morale and team spirit of the employees.

The company has continued to give special attention to HUMAN

RESOURCE/INDUSTRIAL RELATIONS development.

Company has also adopted APPRAISAL SYSEM &

PERFORMANCE REVIEW SYSTEM in some key area. Industrial relations remained

cordial throughout the year and there was no incidence of strike, lock-out etc.

Page 60: Investment Casting- Vijay Rathod

ADEQUACY OF INTERNAL CONTROL: The company has adequate system of internal control commensurate

with its operations to ensure orderly and efficient conduct of business. Company has an

adequate internal system to ensure that.

All asset and resource are acquired economically, used efficiently and are adequately

protected.

Significant financial, managerial and operating information is accurate, reliable and is

provided timely; and

All internal policies and statutory guidelines are with complied.

The company has an Audit Committee which regularly reviews the report submitted by

internal Audit team. Company has an internal control system towards achieving

efficiency.

In operation optimum utilization of resource, effective monitoring,

and compliance with applicable laws and regulations.

Company has established internal Audit Panel by in-house team, to

ensure reliability to financial and records, and to prepare financial statement and other data

and to maintain accountability. Committee of the Board reviews the findings and

recommendation of the internal audit panel.

MANAGEMENT CONTROL:

In this part company has selected one manager, who is work for

company‘s all employees including managers and workers. A manager of personnel

Page 61: Investment Casting- Vijay Rathod

department is timely visit to all members of the organization for their work condition and

work environment. They always guide about create healthy working environment, make good

relationship with all other members.

A personnel manager is also involve in conflict situation when it may

be arise and solved the entire problem with best solution. They always try that no one can feel

unsatisfaction.

Create Good working environment.

Maintain Long Term Relationship

Solve Entire Problem.

Provide Strong Link Between Two Hierarchies.

LIST OF MACHINERIES

SR

NO

NAME OF

MACHINERY

SPECIFICATION MANUFECTURER NO.

1 INDUCTION

FURNACE WITH

TWO CRUSIBLES

300 Kg.

150 Kg.

INDUCTOTHERM

1

1

2 SEMI AUTOMATIC

WAX

INJECTION PRESS

- MAYUR

ENGINEERIG

13

Page 62: Investment Casting- Vijay Rathod

3 HEAT TREAMENT

FURNACE

COMPUTERISED

75 Kg. OF 30 KW &

150 Kg. OF 75 KW

PATEL FURNACE

AND SHOT BLASTIG

2

4 SHOT BLASTING

MACHINE

MODEL NO. 649.

(80 Kg.)

GALA

MANUFACTURER

1

5 VIBRO POLISHING

MACHINE

VB 625 R/D

MEC SHOT

BLASTING EQUIP 2

6 GLASS BEAD BLASTING

- DECKEL MAHO (GERMANY)

1

7 VERTICAL

MACHINING CENTRE (5-AXIS)

WORKING AREA (X/Y/Z:630/560/560)

DECKEL MAHO

(GERMANY)

1

8 VERTICAL

MACHINING CENTRE (4-AXIS)

WORKING AREA (X/Y/Z:730/560/560)

DECKEL MAHO (GERMANY)

1

9 HORIZONTAL

TURNING CENTRE

WORKING AREA (X/Z:260/500)

DECKEL MAHO (GERMANY) 1

TECHNICAL DATA

Alloy Handled

We can produce Any Special metals as per Customer‘s Specification or

International Standard Specifications like IS, ASTM, AISI, SAE, UNI, UNE, AFNOR, DIN,

EN, GOST, JIS.

Page 63: Investment Casting- Vijay Rathod

Some of the general alloys that we handle regularly are listed below in table below.

Carbon Steel: SAE - 1020, 1030, 1040, 4140, WCA, WCB, WCC,

LCA, LCB,EN-8, EN-9, EN-36,

Austenitic Stainless Steel: CF8 , CF8M , CF3 , CF3M, CF8C, CF8 (NM),

CF3M (NM), CK-20, CN-7M (Alloy 20)

Martensitic Stainless Steel: 410 (CA-15) , 420 (CA-40), 431, 440C

Duplex Stainless Steel: CD-4MCu, CD-4MCuN, CD3MCuN, CE3MN,

CD3MN

PH Stainless Steel: CB7Cu-1(17-4PH), CB7Cu-2(15-5PH)

Super Alloys: HAST- B, HAST- C,HAST-B3, STELLITE-6,

STELLITE-3, CZ-100, Monel

Non Ferrous Alloys: Brass, Bronze and Other Cu-Base alloys

TOLERANCE

Applicable Reference Tolerance standards are IS 11166, ISO 2768,

VDG-P690.DIN1680, and Class 2.

DIMENSIONAL TOLERANCE:

Dimension (mm) Tolerance (mm)

Up to 25 ± 0.125

Page 64: Investment Casting- Vijay Rathod

FLATNESS:

Dim

Range

As CAST

(mm)

Mechanical Straightened

(mm)

Upto 25

mm

0.15 0.1

50 0.2 0.15

75 0.3 0.2

100 0.4 0.25

150 0.55 0.4

200 0.9 0.7

CONCENTRICITY:

Diameter (mm) Tolerance (mm)

25 0.15

50 0.4

75 0.5

100 0.75

Computer-Aided Approach

The modern approach to investment casting development is a result of

two major factors. The first is the customer demand in terms of quality consistency (mainly

conformance to geometry and property specifications), shorter lead-time (for sample part as

well as regular production) and continuous reduction in cost (essentially tooling development

25-50 ± 0.25

50-75 ± 0.375

75-100 ± 0.5

100-150 ± 0.75

150-200 ± 1

200-250 ± 1.25

250-300 ± 1.5

Page 65: Investment Casting- Vijay Rathod

and manufacturing costs, since material costs are usually fixed). These cannot be satisfied by

conventional approaches alone.

The second major factor is the decreasing availability of technically

skilled and experienced manpower for processes that have a large number of human-

controlled parameters, and therefore involve many changes in tooling and process parameters

before producing satisfactory parts.

Casting in general, and investment casting in particular, fall in this

category, and require at least a decade of dedicated learning through trial and error or

preferably under the able guidance of a senior engineer. With a sharp reduction in the number

of qualified engineers taking up long-term careers in manufacturing, there is a serious

problem indeed, and therefore industries are turning towards modern technologies to capture

the domain knowledge and automate the processes.

Here we describe a computer-based approach to rapidly develop an

investment casting, focusing on pattern design and methoding optimization, which is the most

critical and time-consuming activity (see Figure 2). The first step in computer-aided approach

to casting development is the creation of a solid model using a 3D CAD software (like Pro-

Engineer, SolidWorks or Unigraphics). These provide functions such as extrusion, revolution

and Boolean operations starting from a 2D sketch or standard primitives (cube, cylinder,

sphere, etc.), followed by modifiers (like draft and fillets).

However, when intricate freeform shapes are involved (such as in art

castings) the conventional CAD systems are inadequate. One answer is in haptic or touch4

based modeling systems (such as the Phantom from Sensable Technologies, USA), which

literally allow a user to sculpt by holding a robotic arm and thus create a complex model in

virtual space.

Page 66: Investment Casting- Vijay Rathod

The second approach, suitable when a physical model already exists, is

to reverse engineer the solid model using one of the contact or non-contact systems. The

systems give a cloud of points, over which a surface can be fitted and then converted into a

solid model. Using specialized modules in the CAD software (such as Pro/Casting) or

specialized software (such as Delcam DUCT), the part model is converted to pattern model

by applying draft, shrinkage, machining and other allowances.

The parting plane may be identified interactively by the user by

specifying the points along the parting line, or assisted by the software. Application of

allowances is at best a semi-automatic task and at worst an interactive task (for example, the

user identifying each face to which draft has to be applied and specifying the appropriate

draft angle).

The next step is to decide the best design and layout of feeders and

gating system. The feeder design involves identifying the last solidifying region (hot spot)

inside the casting and placing a top or side feeder with appropriate shape and dimensions. The

modulus principle may be used for the first approximation, but it has to be verified and

optimized by casting solidification simulation.

Pump Parts include Investment Castings used in Chemical & Oil

Industries, made of Stainless Steel or Super alloys. E.g. Castings for Pump Impeller, Pump

Casing, and Pump Cover, Diffuser, Mechanical Seals etc. The smooth surface finish with

Investment Casting offers highest efficiency.

Page 67: Investment Casting- Vijay Rathod
Page 68: Investment Casting- Vijay Rathod

INTRODUCTION TO MARKETING DEPARTMENT

Several definitions have been proposed for the term marketing. Each tends to emphasize

different issues. Memorizing a definition is unlikely to be useful; ultimately, it makes more

sense to thinking of ways to benefit from creating customer value in the most effective way,

subject to ethical and other constraints that one may have. The 2006 and 2007 definitions

offered by the American Marketing Association are relatively similar, with the 2007

appearing a bit more concise. Note that the definitions make several points:

• A main objective of marketing is to create customer

value.

• Marketing usually involves an exchange

between buyers and sellers or between other

parties.

• Marketing has an impact on the firm, its

suppliers, its customers, and others affected by the

firm‘s choices.

• Marketing frequently involves enduring

relationships between buyers, sellers, and other

parties.

• Processes involved include ―creating, communicating, delivering, and exchanging

offerings.‖

Marketing is a dynamic exciting and challenging activity. If

efforts ample of employment opportunity in the modern business world.

Page 69: Investment Casting- Vijay Rathod

DEFINITION OF MARKETING:

Marketing:

“Marketing is the activity, set of institutions, and processes for creating,

communicating, delivering, and exchanging offerings that have value for

customers, clients, partners, and society at large”

According to Philip Kotler, " Marketing is analysis, Planning, Organizing, and

Controlling of the firm and customers, implying resources, facilities, activities with a view to

satisfy the needs and wants of customer group at a reasonable level of profit. "

The directors of this company are engaged in business over 11years in this district.

The market is tremendous and the said is globalizing all over India.

Therefore the marketing at any level or at any production capacity and management

is very much hopeful to achieve the same without any difficulties and shall be able to face the

competitions easily.

Market segmentation is the art of diving a market in to distinct groups for buyers who

might require separate products and marketing mixes is called on.

Since, the company have only one product, the market cannot be segmented either of

demographic of physiographic bases. So the company has segmented its market has been

divided in to two zones.

Page 70: Investment Casting- Vijay Rathod

NATIONAL MARKET:

In the local markets company deals with much local company at

industrial area of Shaper (Veraval), Metoda, etc

In National market the company deals with many companies like

INVESTA PUMPS PVT. LTD, Mumbai & many more companies.

INTEERNATIONAL MARKET:

Prevail Casting Pvt. Ltd. Undertakes manufacturing and supplying

wide range of unmachined (raw casting) and machined Investment

casting to the domestic and foreign market.

A company not only deals with local or national market but also as

well as International Market like Tyco valves & controls, USA.

Page 71: Investment Casting- Vijay Rathod

Market Research

Marketing research is the function that links the consumer, customer, and public to

the marketer through information--information used to identify and define marketing

opportunities and problems; generate, refine, and evaluate marketing actions; monitor

marketing performance; and improve understanding of marketing as a process. Marketing

research specifies the information required to address these issues, designs the method for

collecting information, manages and implements the data collection process, analyzes the

results, and communicates the findings and their implications.

Why Market Research is Important?

Market research is an essential part of any business that wants to offer

products or services that are focused and well-targeted.

Business decisions that are based on good intelligence and good

market research can minimize risk and pay dividends and by making market research part and

parcel of the business process and conducting market research throughout the lifecycle of a

product or service market research will bring the following benefits:-

Market research will help you better communicate - Your current

customers experiences are a valuable information source, not only will they allow you to

gauge how well you currently meet their expectations they can also tell you where you are

getting things right and more importantly where you are getting things wrong by asking the

customer you not only show them that you care but you also take the guess work out of

customer services.

Page 72: Investment Casting- Vijay Rathod

Market research helps you identify opportunities - If you are planning

to operate a new service and want to know the preconceived attitudes people have then

market research can help, not only in evaluating the potential for a new idea, but also by

identify the areas where a marketing message needs to honed.

Market research will minimize risk - Market research can help shape a

new product or service, identifying what is needed and ensure that the development of a

product is highly focused towards demand.

Market research creates benchmarks and helps you measure your

progress - Unless you measure you may not be able to gauge how well your business is

performing. Early research may highlight glaring holes in your service or short falls in your

product, regular market research will show if improvements are being made and, if positive,

will help motivate a team.

Page 73: Investment Casting- Vijay Rathod

MARKETING INFORMATION SYSTEM

―Set of procedures and practices employed in analyzing and assessing marketing information,

gathered continuously from sources inside and outside of a firm. Timely marketing

information provides basis for decisions such as product development or improvement,

pricing, packaging, distribution, media selection, and promotion‖

Page 74: Investment Casting- Vijay Rathod

ORGANISATIONAL STRUCTURE

Assistance

Clerks

Marketing Manger

General Manager

Managing Director

C.E.O

Page 75: Investment Casting- Vijay Rathod

SALES FORCE MANAGEMENT:

Selection and recruitment of the employees is on the hand of marketing

director. In the company on job training are given to the employees so that they apply it well

at their work. And for the development of the company can make yearly performance review

and give gradation and as per that grade company give promotion to the employs. Transfer of

the company is done whenever there is any requirement to the sisters company otherwise

there is no any system of transfer of employee in the company.

Prevail Casting Pvt. Ltd. has get permission to sale their product in

INTERNATIONAL or FOREIGN MARKET. A company is export their product in many

country like USA, EUROPE and other country.

Company Export its product to U.K., Germany, U.S.A., And China.

The company has achieved remarkable growth in the export sale compare to last year.

Company marketing team is still making efforts to capturing more export market.

Page 76: Investment Casting- Vijay Rathod
Page 77: Investment Casting- Vijay Rathod

INTRODUCTION

In this modern age, it is very easy to understand the important

of finance in business. As current position is totally different from the ancient years where to

get finance was so easy. But to it is very difficult to raise fund without proper planning. As

we know that finance is the life blood of modern business world considering the importance

of finance each and every company should manage to get sufficient finance. Finance

management can be defined as a task of acquiring and utilizing funds needed in business in

terms of the objectives of business.

In modern business society finance are drawing more and more

attention of all those who are responsible for running financial administration financial

management is a subject associated with problems , challenges , risk and uncertainty related

with finance. The subject also analyses performance of the firm with it or other units.

Financial management as a subject found since 19th

century, scope of financing management

has change a lot.

Page 78: Investment Casting- Vijay Rathod

ACQUISITION OF FUNDS:

In our present day economy, finance is defined as the provision of money at the time when it

is refer to every enterprise, whether big, medium of small, needs finance to carry on its

operations and to ach targets. In fact, finance is so indispensable today that it is rightly said to

be the lifeblood of an enterprise. The adequate finance, no enterprise can possibly accomplish

its objectives.

Acquiring Sufficient Funds:

The main aim of finance function is to assess the financial needs of an enterprise and then

finding out suitable sources for raising them. The sources should be commensurate with the

fields of the business. If funds are needed for longer periods then long-term sources like share

capital ventures term loans may be explored. A concern with longer gestation period should

rely more on owner instead of interest-bearing securities because profits may not be there for

some years.

Page 79: Investment Casting- Vijay Rathod

ORGANISATION STRUCTURE

Managing Director

C.E.O

General Manager

Accountant

Clerks

Assistant

Page 80: Investment Casting- Vijay Rathod

FINANCIAL PLANNING

It is the process of estimating the firm‘s future financial requirement. It also refers to the

source by which requirement can be fulfilled. It also speaks the fund flows, when we get and

how to utilize and thus it covers the following activities.

Estimating the firm‘s financial requirement

Determining the source from which the funds are to be collected

Determining the use of the funds

The planning problems are the most crucial point for financial manager

and top executives. Here, Prevail Casting Pvt. Ltd. adopts long term as well as short term

plans as per financial requirement.

Page 81: Investment Casting- Vijay Rathod
Page 82: Investment Casting- Vijay Rathod

ADMINISTRATION DEPARTMENT

PRIMARY HEALTHCARE:

In this area when any person feel can not well about their health, so company provides

primary healthcare treatment to the person.

Provide Health Insurance for all Employees.

Provide Health Allowances.

Health Insurance for Family Members.

Provide Advice for Critical Dieses; Like AIDS, Diabetes, Blood Pressure, Heart

Problem all guided by some expert person.

TRAINING:

In company provide some type of training for their employees, who

employ has require which type of training for betterment of their knowledge as well as their

skill.

Off Job Training.

On Job Training.

Page 83: Investment Casting- Vijay Rathod

CLUTURAL ACTIVITIES:

This department is arranging some cultural activity for all organization members like;

Celebrate Diwali festival.

Celebrate Janmastmy.

Rangoli Competition.

PREVAIL CASTING PVT. LTD. has also provide some extra facility

to their employees like; Transportation Facility

Above All Reason Company treated their employees like their

FAMILY MEMBERS. Company also cares about employees other family members, their

CHILDREN EDUCATION.

Page 84: Investment Casting- Vijay Rathod
Page 85: Investment Casting- Vijay Rathod

SWOT ANALYSIS

Every company does SWOT Analysis for monitoring their current

position in the market. They do this analysis for the purpose of identifying their strengths,

weakness, opportunities and threats. ―After gaining an enjoy in the customer home, smart

markets aim for space in the customers hear too‖.

To rich at customers here Prevail Casting Pvt. Ltd. is doing SWOT

analysis so that they can add value to the customer‘s feedback is the breakfast of any firm or

company.

SWOT means:

S : - Strength.

W : - Weakness.

O : - Opportunity.

T : - Threat.

Page 86: Investment Casting- Vijay Rathod

STRENGHTS:

Well-maintained infrastructure.

Dedicated, Intelligent and Loyal

This Company has nationally as well as internationally

Market for their products.

They have very different and monopoly type product line.

Wide product range to enable the clients to choose the best alternative.

WEAKNESS:

The major weakness of ―PREVAIL CASTING PVT. LTD.‖ can be said Raw

Materials‘ used to produce the product is very high fluctuate items because of

Company never compromise in any types of Raw material to produce any

product

Page 87: Investment Casting- Vijay Rathod

OPPORTUNITIES:

Large potential market for delivery and more opportunity in national market as

well as international market.

Today day by day the demand of product of the company increases

tremendously. This affects the demand for auto parts.

The Foundry industries depend upon how the raw material prices fluctuates

and respective hike in the sales price of finished products, they further depend

upon competition among various segments of manufactures within country

and from manufacturers of outside the country.

THREATS:

Threats are always at your doorstep wherever you are going to do something. The

major threats that can be categories as natural calamity as well as the action taken

by the competitors.

The Threat of competition is comparatively less in the products which your

company is manufacturing viz. Investment Casting.

Awareness towards quality product and potentially of India casting in foreign

market will provide opportunity to your increase its sale and capture more market

share.

Company‘s Basic raw material is SCRAP & WAX SILICON SOL, MAGNESIA

POWDER, DREGS REMOVING MATERIAL, SILICA STEEL Prices of

SCRAP & all the mixtures are fluctuating, in furtherance cost of electricity and

cost of labor through under watch they are also matter of concern.

Page 88: Investment Casting- Vijay Rathod

Fluctuating trend in the price of fuel (Diesel, L.P.G.) is always matter of concern

for every industry as to outs.

Above this competition in the industry has increased, which has made it hard to

raise the price of product through cost of the final product is higher.

Change in Government Policy, Foreign Exchange rate may affect the company.

However company is trying to minimize certain risk by taking the steps, which are

in the hand of company.

Page 89: Investment Casting- Vijay Rathod
Page 90: Investment Casting- Vijay Rathod

FINDINGS & SUGGESTION

FINDINGS:

The company is using latest technology in production.

They are appointing only technical persons who operate a CNC machine for

production process.

The company is continuous focusing on the quality improvement.

SUGGESTION:

According to my opinion, if company provides one DRESS COAT for different

level to different employees, so they create more impressive personality to their

customers or out side‘s people.

company provide CANTEEN FACILITY for their employee‘s as well as their

visitors so, any person can spent their more time in the organization or also there

is useful for food arrangement peoples.

Page 91: Investment Casting- Vijay Rathod
Page 92: Investment Casting- Vijay Rathod

Books

Kotler Phillip, ―Marketing Management: Analysis Planning Implementation &

Control ‖

C. R. Kothari, ―Research methodology, methods and techniques‖, Second Edition,

New age international publisher, New Delhi.

WEBSITE

www.prevailcasting.com

www.google.com

www.wikipedia.com

www.wtec.org

www.ask.com