HMT Ltd
INTRODUCTION
An organization study at HMT Machine Tools Limited is an attempt to understand functions of the organization. The study also tries to know the various functional departments in a bird’s eye view. The managerial functions of various departments have been studied in detail. The study is also intended to understand the technical processes as much as possible. Organization studies are included in management evaluation in order to improve technical skill of students. It is highly hopeful to intensify pragmatic approach to functional problems of an organization. Organization study enables one to know the functions of major departments and see the difference between theories and practice. HMT Ltd is a public sector undertaking of the Government of India engaged in the manufacture of engineering goods in diverse areas such as Machine Tools, Watches, and Tractors, Printing Machinery, Die casting and Plastic Processing machinery. It was started in a small way in 1953 to meet a big commitment: ‘to build mother machines to build a modern industrial India’. From a single product, single Unit Company in the post independence era we emerged as a conglomerate by the turn of the twentieth century with several manufacturing bases spread over different states in India, a wide and diversified product range and markets stretching across 38 countries around the world.
OBJECTIVES • To get first knowledge about the company. • To know what all are the social responsibilities of a business concern. • To understand the managers of different departments. • To understand how information’s are processed at various levels • To become familiar with day to day organization work • To understand organization hierarchy • To know how raw materials are being converted into finished products according to the requirement of customers • To relate theory with practice • To do SWOT analysis of HMT Machine Tools Ltd.
SCOPE OF THE
An organization study at HMT Machine Tools Limited is an attempt to understand functions of the organization. The study also tries to know the various functional departments in a bird’s eye view. The managerial functions of various departments have been studied in detail. The study is also intended to understand the technical processes as much as possible. Organization studies are included in management evaluation in order to improve technical skill of students. It is highly hopeful to intensify pragmatic approach to functional problems of an organization. Organization study enables one to know the functions of major departments and see the difference between theories and practice. HMT Ltd is a public sector undertaking of the Government of India engaged in the manufacture of engineering goods in diverse areas such as Machine Tools, Watches, and Tractors, Printing Machinery, Die casting and Plastic Processing machinery. It was started in a small way in 1953 to meet a big commitment: ‘to build mother machines to build a modern industrial India’. From a single product, single Unit Company in the post independence era we emerged as a conglomerate by the turn of the twentieth century with several manufacturing bases spread over different states in India, a wide and diversified product range and markets stretching across 38 countries around the world.
OBJECTIVES • To get first knowledge about the company. • To know what all are the social responsibilities of a business concern. • To understand the managers of different departments. • To understand how information’s are processed at various levels • To become familiar with day to day organization work • To understand organization hierarchy • To know how raw materials are being converted into finished products according to the requirement of customers • To relate theory with practice • To do SWOT analysis of HMT Machine Tools Ltd.
SCOPE OF THE