SHREE GAJANANA RICE INDUSTRY

An organization report on

“SHREE GAJANAN RICE MILL”

Submitted By

MOHAMMED MUSAB HIROLI

(3VY21BA050)

Submitted To

VISVESVARAYA TECHNOLOGICAL UNIVERSITY, BELAGAVI

In partial fulfilment of the requirements of the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

UNDER THE GUIDANCE OF

Dr. RAJSHEKHAR
BASVAPATAN
Associate Professor
Department of Studies Business Administration
Centre for PG Studies
KALABURAGI-585105

DEPARTMENT OF STUDIES IN BUSINESS ADMINISTRATION

CENTRE FOR PG STUDIES

VISVESVARAYA TECHNOLOGICAL UNIVERSITY

KALABURAGI 585-105

2022-2023

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Visvesvaraya Technological University

(State University of Government of Karnataka Established as per the VTU Act,
1994)
“Jnana Sangama” Belagavi-590018, Karnataka, India

Dr. Shailaja Kheni Department of Management Studies

Programme Coordinator VTU’s CPGS, Kusnoor Road, Kalaburagi – 585105

CERTIFICATE

This is to certify that Mr. MOHAMMED MUSAB HIROLI bearing USN 3VY21BA050, is a bona fide
student of Master of Business Administration course of the Institute Visvesvaraya Technology
University, Centre for PG studies, Kalaburagi affiliated to Visvesvaraya technology University,
Belgaum. An Organisation Study Report On "SHREE GAJANAN RICE" is prepared by Him under the
guidance of Prof Dr. RAJSHEKHAR BASVAPATAN, in partial fulfilment of the requirements for the
award of the degree of Master of Business Administration of Visvesvaraya technological university,
Belagavi Karnataka

Signature of Signature of
Internal Guide Program coordinator

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DECLARATION

I hereby declare that this Organization Study conducted at “SHREE GAJANAN RICE” is a record
of independent work carried out by me under the guidance of Prof Dr RAJSHEKHAR
BASVAPATAN

I also declare that this Organization study is towards the partial fulfillment of the University
regulation for the award of degree of Masters of Business Administration by Visvesvaraya
Technological University, Belagavi.

I have undergone an organization study for a period of four weeks. I further declare that this
Organization study is based on the original study undertaken by me and not being submitted for the
award of any degree from any other university/institution.

PLACE: Kalaburagi Signature of the Student

DATE: USN: 3VY21BA050

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DISCLAIMER

The enclosed document is the outcome of a student academic assignment, and does not represent
the opinions/views of the University or the institution or the department or any other individuals
referenced or acknowledged within the document. The data and information studied and presented
in this report have been accessed in good faith for secondary sources/web sources/public domain,
including the Organization’s website, solely and exclusively for academic purposes, without any
consent/permission, expresses or implied, from the Organization concerned. The author makes no
representation of any kind regarding the accuracy, adequacy, validity, reliability, availability or
completeness of any data/information herein contained

PLACE: Kalaburagi Signature of the Student

DATE: USN: 3VY21BA050

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ACKNOWLEDGMENT

The satisfaction that accompanies the successful culmination of any task would be incomplete
without maintaining those who made it possible because success is the epitome of hard work,
determination, consultation and dedication. This list of thanks is heartfelt and only begins to
acknowledge those people to whom, one way or the other this owes its existence.

We would like to thank our Regional Director Dr. Basavaraj Ghadge and Program Coordinator
Dr. Rajshekhar Basvapatan and all teaching and non-teaching staff members and well-wishers
whose ideas, critical insights and suggestions have been valuable in the preparation of the internship
project report. We express my sincere and heartfelt thanks to our internal Coordinator Dr
Rajashekar Basvapatan Associate Professor, Department of Management studies, PG Centre,
Kalaburagi for those valuable time, guidance and encouragement throughout the process of study.

Last but not least, we would like to extend my whole hearted thanks to our parents, friends and
well-wishers for their support and encouragement in the completion of this report.

MOHAMMED MUSAB HIROLI

(3VY21BA050)

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TABLE OF CONTENT

SINO INDEX PAGE NO

Chapter 1 Introduction to Industry Profile

Chapter 2 Organization Profile

i. Background

ii. Nature of business

iii. Vision, Mission and Quality Policy

iv. Workflow Model

v. Product /Service Profile

vi. Ownership Pattern

vii. Achievements /Awards

viii. Future Growth and Prospects

Chapter 3 McKinsey's 7S Framework and Porter's Five

Forces Model

Chapter 4 SWOT Analysis

Chapter 5 Analysis Of Financial Statement

Chapter 6 Learning Experience

Bibilography
Annexure

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EXECUTIVE SUMMARY

An organization study was under gone at Shree Gajanana Rice Industry Kembhavi, as the part of
the academic programmed for a period of four weeks. Gajanana Rice Industry was started as a
registered partnership firm in 1998, in Kembhavi Karnataka.

The unit started Processing Rice and later on it upgraded its technology time to time and now its
stands to be a benchmark for all other Rice millers.

At the same time, it also diversified the product range through Partners concern in Foundry Works
and Carbonless Paper. Honest approach in terms of conducting business activities, not only
fetched Gajanana Rice Industries, Market Goodwill but also State Award for Conducting Fair
Business Practice and it has leading to position in the market with its mail objective to carry out
the activity of hulling paddy to obtain rice products.

A detailed study was undertaken to understand the overall functions of the organization and
individual functional departments such as production, human resource, finance and marketing.
The products to be obtained through paddy from the rice milling plant are rice, broken rice, husk,
bran. And the industry produces the different qualities of rice such as HMT sona, sona masoori,
emergency, BT, IR64 and swarna etc.

The first chapter deals with the introduction, objective, scope, need, limitations and research
methodology of the study the second chapter deals with the industry, company and product
profiles, nature, mission, vision, quality policy, future growth and prospectus of the organization.

The third chapter explains that the McKency’s 7S framework with the reference of industry. The
fourth chapter covers the SWOT analysis of the company.

The fifth chapter deals with the financial statement of the company. The sixth chapter is all about
the learning experience in the industry.

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CHAPTER 1

INTRODUCTION ABOUT ORGANIZATION & INDUSTRY PROFILE

SHREE GAJANAN RICE industry ltd is one of the leading manufacturers, exporters, supplier,
service providers and traders of quality & hygienically processed Rice. Wide range of product includes
Sona Masuri Rice, IR-64 & 1101 Rice, Swarna Rice and others. Established in the year 2000, it carved
an outstanding position in the industry. Its main motto is to offer quality range of product to our valued
clients worldwide. It is able to prepare products with utmost care to match the expectation of our
expanding client base.

Quality is the main concern of organization. They have achieved an outstanding

position by offering a range of quality products and effective implementation of quality management
systems. They make sure that whatever ingredients and fertilizers used, are of optimum quality
standards. All these ingredients are timely checked and tested by the team of quality experts. The
quality experts closely monitor the machines and use modern testing facilities to make sure the exact
composition and typical features of products and thus successfully meet the needs of their valued
clients. The products undergo various testing measures that are required for a better level of
satisfaction of their esteemed clients.

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Rice production in India is an important part of the economy. India is the world's second-largest

producer of rice, and the largest exporter of rice in the world Production. Increased from 53.6 million

tons in FY 1980[1] to 120 million tons in FY 2020-21 Rice is one of the chief grains of India.
Moreover, this country has the largest area under rice cultivation. As it is one of the principal food
crops. It is, in fact, the dominant crop of the country. India is one of the leading producers of this crop.
Rice is the basic food crop and being a tropical plant, it flourishes comfortably in a hot and humid
climate. Rice is mainly grown in rain-fed areas that receive heavy annual rainfall. That is why it is
fundamentally a kharif crop in India.

The industry also assumes importance in the national economy due to the immense employment
generation opportunities it offers and the export revenue it earns. India is one of the leading exporters
of the rice. It has a competitive edge over other countries due to the large production of rice as a result
of geographical and climatic diversity. Government too is trying to support the industry by formulating
favorable policies. With adequate government focus on the infrastructural support, research and
development and technological innovation in this sector, India could alleviate its domestic concerns on
food security, malnutrition and food inflation.

Rice is also grown through irrigation in those areas that receives comparatively less rainfall. Rice is the
staple food of eastern and southern parts of India. In 2009-10, total rice production in India amounted
to 89.13 million tonnes, which was much less than production of previous year, 99.18 million tonnes.

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Types of Rice in India

10 Rice Producing States in India

Right now, the more significant part of India’s leading producer of rice is fundamentally situated in
states like Uttar Pradesh, West Bengal, Andhra Pradesh, Tamil Nadu, Punjab, Orissa, Chhattisgarh
and Bihar. These biggest rice producing states hold around 72% of India’s absolute rice producing

region and offer over 75% of the all out rice production in the country.

1. WEST BENGAL

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West Bengal has the highest production of rice in India. Close to half of its arable land is under rice
cultivation. In 2020, rice production in West Bengal was 15.57 million tons. After that, however,
West Bengal rice growth vacillated significantly. It is the largest rice producing state, with a yield
of 2600 kg for every hectare.

2. UTTAR PRADESH

Uttar Pradesh comes 2nd in this list of the largest producer of paddy in India. In 2020, rice
production for Uttar Pradesh was 15.52 million tons. After that, however, Uttar Pradesh rice growth
vacillated significantly. Around 25% of the developed area of the state is given to rice production.

3. PUNJAB

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Punjab also comes under the leading producer of rice in India. This State has brought 5.62 lakh
hectares region under direct cultivation of rice (DSR) this year, which is the most elevated ever in the
state to date, and it is an increment of 62,000 hectares from last year’s DSR region. Punjab is
likewise famous for Basmati rice development, like Ranbir Basmati, Mahi Sugandha, Pusa Basmati
and Ranbir Basmati.

4. TAMIL NADU

Rice is produced in 28 regions of Tamil Nadu. Out of which 27 regions are highly productive, one
region is under low [Link] normal area of high efficiency group (yield over 2,500
kg/ha) containing 27 regions was 20.56 lakh [Link] different varieties grown in Tamil Nadu
include AravanKuruva, AmsipitiDhan, Aduthurai, Ambasamudram and Akshayadhan.

5. ANDHRA PRADESH

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Andhra Pradesh stands out at 5th in the list of the major producer of rice in India. In 2020, rice
creation for Andhra Pradesh was 8.64 million tons. Rice production in Andhra Pradesh expanded
from 7.45 million tons in 2017 to 8.64 million tons in 2020, developing at an average yearly pace of
5.13%. Samba Madhuri, Samael, Sashari, Sarvani are broadly found in the territory of Andhra
Pradesh. This state has the most rice production in India state wise.

6. BIHAR

Rice is grown in 37 areas of Bihar. Out of this, 25 regions fall under the low productivity region,
representing 63% of 36.57 lakh hectares of the whole region under rice in the state.

In winter, this state develops Dhanalakshmi, Gautam, Richhariya, Saroj rice, while during summer
Gautam Pusa-33, CR 44-35 (Saket-4), Pusa-2-21, Prabhat (90 days term just) are grown.

7. CHHATTISGARH

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Chhattisgarh is known for the ‘rice bowl of India’. The territory of this state produces 61 MLT of
rice and ranks seventh. Farmers have 2000 varieties of rice here. The varieties are TuriaKabri,
Chudi paddy, LalDhan, Red bangle paddy, chiefly in the state. Hence, Chhattisgarh comes under the
list of the major rice producing states in India.

8. ORISSA

Rice in Odisha is inseparable from food, as is cultivation with rice. Rice covers around 69% of the
developed region, covering around 63% region under food grains. Odisha positions are eighth in
rice production with 5% of the total rice production. In Odisha, they grow rice under a broad scope
of climatic circumstances and various environments.

9. HARYANA

Rice is produced in 18 regions of Haryana. Out of which seven areas are in a high efficiency region,
or at least yield above 2,500 kg/ha.

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The triennium typical region of these seven areas was 5.15 lakh hectares, which was 48% of
the triennium normal region (10.73 lakh hectares) under rice in the State. So, Haryana is the
last on the list of top rice producing states in India.

10. ASSAM

In Assam, rice is the main harvest. It covers 2.54 million ha of the state’s gross trimmed area of
4.16 million ha and records 96% of the state all out food grain creation. The rice yield in Assam is
more than 1700 kilograms for every hectare. Rice development in Assam is notable for its wide
hereditary variety. Hence, it also comes under the highest rice producing state in India.

CHAPTER 2

ORGANIZATION PROFILE

2.1 BACKGROUND PROFILE

Shree Gajanan rice industry ltd is one of the leading manufacturers, exporters, supplier, service providers
and traders of quality & hygienically processed Rice . Wide range of product includes Sona Masuri Rice,
IR-64 & 1101 Rice, Swarna Rice and others. Established in the year 2000, it carved an outstanding position in
the industry. Its main motto is to offer quality range of product to our valued clients worldwide. It is able to
prepare products with utmost care to match the expectation of our expanding client base.

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Shree Gajanan Rice Industries is known as the leading manufacturer of high quality products /
services such as Masoori Rice, Organic Rice, Basmati Rice, Rice, Golden Sala, Sona the products /
services offered are well-known for features like high quality, competitive prices, requisite
functionality, and low maintenance. The company is located with the help of their experienced staff,
stringent quality control measures and focus on customer service, the company has been able to offer
Masoori Rice, Organic Rice, Basmati Rice, Rice, Golden Sala, Sona in multiple ranges and models.
Their products / services have competitive position in the international market, and they have proven
track record of supplying products / services to their customers and buyers at market competitive price.

ADDRESS Shree Gajanan Rice Industries No. 599, Yalgi Cross, Kembhavi
Village, Shorapur, Karnataka, India 585216

MOBILE 084622 20680

EMAIL [Link]

WEBSITE Shree Gajanan Rice Industries - manufacturer of Masoori Rice,

Organic Rice, Basmati Rice... | Connect2India

2.2 NATURE OF BUSINESS

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Business is carried on the basis of B-C Business. The customers of the industry are mainly the dealers
and wholesalers which indulge in selling of different varieties of Rice to the markets of the southern
India. In near future the company has planned to open their own outlets.

2.3 VISION, MISSION & QUALITY POLICY

VISION :-

The vision statement Shree Gajanan Rice Industry is “they are committed to exceeding their clients’
expectations by being a leader in providing the best value, service and overall ownership experience”
so company is committed to providing a positive, fair and rewarding environment for the member or
their employee team so the job satisfaction and high productive are achieved.

MISSION:-

Shree Gajanan Rice Industry Ltd follows “It is dedicated to provide products and services of such
quality that our customers will receive superior value, while their employees and business partners will
share in their success” Shree Gajanan Rice Industry Ltd. is dedicated to leading the way in customer
satisfaction through commitment of a high energy team, procurement of professionally trained sales
people.

QUALITY POLICY: -

Superior quality of their products has always remained a main factor in the growth of the organization.
In addition, there are some of the essential features of their range of product that assist in
distinguishing them from others are:

 High nutritive value

 Contaminant free
 Hygienic
 Easy and faster cooking
 Rich aroma and freshness
 Easily digestible.

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2.4 WORKFLOW MODEL

2.5 PRODUCTS/SERVICES PROFILE

The products they offer reflect the commitment towards their valued clients. To make sure optimum
product quality, company use good quality raw material to manufacture the products. Catering to the
ever-expanding demands of customers in exacting industry standards, they manufacture and export the
following products:

Masoori Rice

Organic Rice

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Basmati Rice

Rice

Golden Sala

Sona Masoori Raw Rice

Arwa Sona Masoori Rice

Organic Sona Masoori Rice

Product Range:

 Paddy / Rice of following varieties is processed. In wide term the rice is categorized into two
kinds

1. Basmati Rice
2. Non-Basmati Rice.
From manufacturing / pricing angle, it is categorized as below:
3. Raw Rice (Processed as raw i.e., without giving boiling / heating treatment to Paddy)
4. Parboiled Rice (Processed after giving boiling / water heating treatment to the Paddy).
The raw or parboiled technique of processing may be applied to both Basmati & Non- basmati Rice.
These are also categorized as Grade A (Basmati Rice & superfine quality) & Common rice (Non-
Basmati Rice Grade B) by the purchasing agencies & both of these kinds can either be Raw or
Parboile.

Other Services:

 Ware Housing & Cold Storage: They have established ultra-modern ware house facility & Cold
storage facility in & around Shahpur (yadgiri) & devadurga (Raichur) areas to reach immediate
infrastructure requirement of farmers.

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 Sponge Iron: They have commissioned the Sponge Iron Mfg. facility very recently and can
offer ultra quality Sponge Iron on continual basis.

 Energy/Power:12MW Captive Power Plant is commissioned on July’2012 and they are exporting
@ 9MW power to Grid.

2.6 OWNERSHIP PATTERN

Shree Gajanan Rice Industry Ltd. is a single member private limited company.

COMPETITORS INFORMATION:

Shri Parvathi Exports:

Their Main Product: Rice, Ir 64 Parboiled Rice, Ir 64 Rice 5% Broken, 1121 Basmati Rice Supplier,
Basmati Rice Supplier. Their Total Revenue:US$10 Million - US$50 Million
Their Top 3 Markets: Domestic Market 7%, South Asia 7%, Southern Europe 7%.

AVS Global Traders:

Their Main Products:1121 Basmati rice, Low Price Ir 64 Parboiled Rice | India Basmati Quality
Haryana Rice | Raw Swarna Rice Supplier. Their Top 3 Markets: South Asia 10%, Northern Europe
10% , Central America 10%.
Sai Ram Exports:
Their Main Products: Rice, Best Basmati Rice Brand Their Total Revenue: Below US$1 Million.
Their Top 3 Markets: Domestic Market 10% , South Asia 10% , Northern Europe 10%.

Sunitha Exports:
Their Main Products: Basmati rice, Non-basmati rice, Cream Basmati Rice Supplier, Sella Basmati
Rice Supplier, Parboiled Basmati Rice Supplier, Ir8 Non-Basmati Rice. Their Total Revenue:US$5
Million - US$10 Million. Their Top 3 Markets: Mid East 25%, South Asia 20%, Southeast Asia 15%.

2.8 FUTURE GROWTH & PROSPECTS

Market forecasts show the long-term industry outlook & Rice Milling future growth trends. The
industry is looking forward to expand its business by stating its own branches in some selected places
of Karnataka and Southern India. It is also looking to dominate the market by acquiring the market

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share of rice in the country. Even though it is tough task to acquire the maximum market share,
industry is planning for many long-term goals and its processes.

CHAPTER 3

THE MCKINSEY’S 7S FRAMEWORK AND PORTER’S FIVE FORCE MODEL

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3.1 Mckinsey’s 7S Framework

The 7S Framework is a management model that can be used to analyse and improve an organization's
performance. It consists of seven interdependent elements that are essential for the success of an
organization. Here is how the 7S Framework can be applied to Shree Gajanan Rice Mill:

1. Strategy: Shree Gajanan Rice Mill have a clear and well-defined strategy that outlines its goals
and objectives. This includes identifying the target market, determining the product and service
offerings, and establishing a competitive advantage.

2. Structure: The structure of the organization has been designed in a way that aligns with its
strategy. This includes the division of responsibilities and authority, as well as the
communication channels and reporting lines.
3. Systems: Shree Gajanan Rice Mill had a effective systems in place to support its operations.
This includes processes for procurement, production, distribution, and quality control, as well
as systems for tracking performance and managing resources.

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4. Shared values: Shared values are the core beliefs and principles that guide the behaviour and
decision-making of the organization. Shree Gajanan Rice Mill have a strong culture that is
aligned with its strategy and reflects its values.

5. Skills: The skills and capabilities of the workforce are essential for the success of the
organization. Shree Gajanan Rice Mill has a team of skilled and knowledgeable employees
who are capable of delivering high-quality products and services.

6. Style: The leadership style of the organization has been aligned with its strategy and culture.
Shree Gajanan Rice Mill have a leadership style that promotes collaboration, innovation, and
continuous improvement.

7. Staff: The staff of Shree Gajanan Rice Mill have been well-trained and motivated to achieve
the organization's goals. This includes hiring the right people, providing them with training and
development opportunities, and creating a positive work environment.

3.2 PORTER’S FIVE FORCE MODEL

Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape every
industry and helps determine an industry's weaknesses and strengths. Five Forces analysis is frequently
used to identify an industry's structure to determine corporate strategy. Porter's model can be applied to
any segment of the economy to understand the level of competition within the industry and enhance a
company's long-term profitability. The Five Forces model is named after Harvard Business School
professor, Michael E. Porter.

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The Porter's Five Forces model is a framework that can be used to analyze the competitiveness of a
business or industry. Here's an application of the model to Shree Gajanana Rice Mill:

1. Threat of new entrants: Shree Gajanana Rice Mill operates in the highly competitive rice
milling industry. The threat of new entrants is moderate because the industry requires
significant capital investment, regulatory compliance, and technical expertise. However, if the
barriers to entry are lowered, new players can easily enter the market, intensifying competition.

2. Bargaining power of suppliers: Shree Gajanana Rice Mill sources raw materials such as
paddy from farmers and traders. The bargaining power of suppliers is relatively low as there
are several suppliers available, and the company can easily switch suppliers to obtain better
prices or quality.

3. Bargaining power of buyers: Shree Gajanana Rice Mill's customers include wholesalers,
retailers, and individual consumers. The bargaining power of buyers is high because of the low
switching costs and the availability of substitutes. Buyers can easily switch to other suppliers or
substitute products if the price or quality of rice is not satisfactory.

4. Threat of substitutes: The threat of substitutes for rice is low as rice is a staple food in many
cultures and does not have a direct substitute. However, consumers may switch to other

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varieties of rice or grains if the price or quality of Shree Gajanana Rice Mill's products is not
competitive.

5. Competitive rivalry: The rice milling industry is highly competitive with several established
players and new entrants. The competitive rivalry is high, and the market is fragmented. The
key differentiators are product quality, price, distribution network, and customer service. Shree
Gajanana Rice Mill needs to continually innovate and differentiate its products to remain
competitive in the market.

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CHAPTER 4
SWOT ANALYSIS

SWOT is the most common tool for a company-situation analysis. It is a strategic planning used to
evaluate the Strength, Weakness, Opportunities and Threats that are involved in a project or in a
business. It involves specifying the objectives of business venture or project and identifying the
internal and external factors that are favorable and unfavorable to achieve the objective.

STRENGTHS OF SHREE GAJANAN RICE INDUSTRY LTD:

 Business location or product exclusivity.

 Industry has established distribution channel.

 Industry has its own warehouses.

 Availability of huge raw material in its surroundings.

 Modern equipment and machineries.

 Basic industry to agriculture.

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WEAKNESS OF SHREE GAJANAN RICE INDUSTRY LTD:

 Limited human resources and staff.

 High cost of production.

 Products or service similar to competitors.

 Lack of patent protection.

 A weak brand name.

OPPORTUNITIES OF SHREE GAJANAN RICE INDUSTRY LTD:

 Government regulation softening.

 Development of new technology.

 Growing trend and customer base.

 Market price.

THREATS OF SHREE GAJANAN RICE INDUSTRY LTD:

 New substitute products emerging in the market like basmati.

 Price competition among the local paddy in comparison to SonaMasoori paddy.

 Economic pressure because of purchase in only local paddy is risky.

 While operating in the mill load shedding is the major problem.

 Due to higher plotting of land, production of paddy is decreasing.

 Storage and distribution.

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CHAPTER 5

ANALYSIS OF FINANCIAL STATEMENTS

PROFIT &LOSS ACCOUNT AS AN 31 MARCH 2020

PARTICULARS AMOUNT PARTICULARS AMOUNT

To Salaries 10,00,000.00 By Gross Profit b/d 73,95,000.00

To Rent for 1,65,000.00 By Interest on fixed deposits 78,500.00

Godown Add
Outstanding

To License 45,000.00
Renewal fees

To Electricity Charges 12,95,000.00

To Carriage Outword 55,000.00

To Stationary 17,500.00

To Insurance Premium 1,25,000.00

To Depreciation 1,76,000.00

To General Exp 9,05,000.00

To Bank Interest 2,39,000.00

To Net Profit 34,51,000.00

Total 74,73,500.00 Total 74,73,500.00

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BALANCE SHEET AS ON 31-MARCH-2022

LIABILITIES AMOUNT ASSETS AMOUNT

Capital Account fixed assets

Goods Land& Building 90,00,000.00

A/c2,25,99,000 2,60,50,000.00

Add: Net Furniture

Profit 34,51,000 35,00,000.00

Reserves Machinery17,60,000 15,84,000.00

&Provision Less: Dep1,76,000

Provision for Investments

Retirement Benefits
5,70,000.00

General Reserve 9,00,000.00 N. S. C 15,00,000.00

Secured Loans Loan 75,00,000.00 Bank F. D 50,00,000.00

From [Link]

Un-Secured loans --NIL-- Current assets

Current liabilities

Trade Payable 43,20,000.00 Inventory 80,00,000.00

Advance to workers 77,00,000.00

O/s Rent 60,000.00 Sundry debtors 25,00,000.00

Shree Ram finance 10,00.000.00 Cash at bank 1,50,000.00

PVT LTD Cash in
hands 56,000.00

Sundry creditors 89,00,000.00 Trade Receivable 95,00,000.00

Total Rs 4,93,00,000.00 Total Rs 4,93,00,000.00

VISVESVARAYA TECHNOLOGICAL UNIVERSITY KALABURAGI

 SHREE GAJANANA RICE INDUSTRY

CHAPTER 6
LEARNING EXPERIENCE

On the first day of reporting to the organization, the management allotted a project guide Mr. Ambresh
Hiremath to assist in the course of organizational study.
During the internship I have learned things which has enriched as a person as well
as a professional. At the personal level, I have learnt many soft skills like working in a team, sharing
of knowledge, patience, listening skill, co-operating and hardworking capacity. Internship provided an
Opportunity to know what it is like to work in an Office and perform in a Professional Manner, and to
apply Professional Skills and Talents.
It was the opportunity to apply the concepts of various Contemporary Management
Practices in the Organization, studied during the Course. It was a chance that developed
communication skills and interpersonal skills, that helped to build the knowledge base.
Initially as an intern, got introduced into the company by the Assistant Manager &
was introduced to the Group manager who in turn introduced mentors and colleagues with whom, I
was supposed to be working and coordinating with. In initial days I was placed in the operation
department of the company where I spent most of the time. I was initially asked to observe and get
hold of things before I was assigned work.
I have understood the requirements of the job and process the information on how
it works in Rice Industry. It helps me to plan, organize and prioritize the work assigned based on the
guidelines established by the company. It also enables me to categorize the assignments by due dates
and level of priority.
Maintaining accuracy and transparency is the most difficult factor in the
organization structure. It requires in-depth knowledge and utmost concentration to each and every
detail of the work assigned. This helped in keeping me focused.
In-order to get work done, I had to communicate with multiple departments in the
organization. This helped me to improve my communication and negotiation skills. I had been given an
opportunity to understand the process flow of inventory management, procurement, sales. This gave
me an insight on how the inventory has been managed and utilized in a manufacturing industry. This
helped me to understand the operational structure of an organization.

BIBLIOGRAPHY

VISVESVARAYA TECHNOLOGICAL UNIVERSITY KALABURAGI

 SHREE GAJANANA RICE INDUSTRY

Books

Marketing Research: An Applied Orientation, 6th Edition, by Naresh k. Malhotra and Satyabhushan
Dash, Pearson Education, Inc., 2010.
Marketing management, 13th Edition, by Philip Kotler, Kevin Keller, Abraham Koshy and
MithileshwarJha, Pearson Education, Inc., 2009.
Websites [Link]
[Link]
[Link]/Potential of Indian Rice Industry [Link] [Link]

ANNEXURE:

VISVESVARAYA TECHNOLOGICAL UNIVERSITY KALABURAGI

 SHREE GAJANANA RICE INDUSTRY

CONVERTING FROM PADDY TO RICE

VISVESVARAYA TECHNOLOGICAL UNIVERSITY KALABURAGI

 SHREE GAJANANA RICE INDUSTRY

WEEKLY PROGRESS REPORT

ANNEXURE-I

STUDENT NAME MOHAMMED MUSAB HIROLI

USN 3VY21BA050

TITLE OF STUDY An Organization study report on SHREE

GAJANAN RICE
ORGANIZATION ACC CEMENT FACTORY WADI

DURATION First week

(Week Start and End Date) (15/10/2022 – 22/10/2022)

CHAPTERS COVERED Chapter 1 and Chapter 2

(During the Week)
DESCRIPTION OF THE ACTIVITIES Chapter-1
PERFORMED Introduction
Chapter-2
Organization profile
i. Back ground
ii. Nature of business
iii. Vision mission, quality policy
iv. Workflow model
iv. Product/service profile
vi. Achievements/awards
vii. Future growth and prospects

DATE: Signature of student

"Reviewed"

Signature of internal guide with date.

 SHREE GAJANANA RICE INDUSTRY

WEEKLY PROGRESS REPORT

ANNEXURE -II

STUDENT NAME MOHAMMED MUSAB HIROLI

USN 3VY21BA050

TITLE OF STUDY An Organization study report on SHREE

GAJANAN RICE
ORGANIZATION SHREE GAJANAN RICE MILL

DURATION Second week

(Week Start and End Date) (23/10/2022 –30 /10/2022)
CHAPTERS COVERED Chapter 3
(During the Week)
DESCRIPTION OF THE ACTIVITIES Chapter-3
PERFORMED [Link]‟s 7S framework
[Link]’s Five Forces Model
 Threats of New Entrants
 Powers of Buyers
 Powers of Suppliers
 Threats of Substitute
 Competitive Rivalry

DATE: Signature of student

"Reviewed"

Signature of internal guide with date

 SHREE GAJANANA RICE INDUSTRY

WEEKLY PROGRESS REPORT

ANNEXURE-III

STUDENT NAME MOHAMMED MUSAB HIROLI

USN 3VY21BA050

TITLE OF STUDY An Organization study report on SHREE

GAJANAN RICE MILL
ORGANIZATION SHREE GAJANAN RICE MILL
KEMBHAVI
DURATION Third week
(Week Start and End Date) (31/10/2022 –07 /11/2022)
CHAPTERS COVERED Chapter 4
(During the Week)
DESCRIPTION OF THE ACTIVITIES Chapter-4
PERFORMED SWOT Analysis
 Strengths
 Weakness
 Opportunities
 Threats

DATE: Signature of student

"Reviewed"

Signature of internal guide with date

 SHREE GAJANANA RICE INDUSTRY

WEEKLY PROGRESS REPORT

ANNEXURE-IV

STUDENT NAME MOHAMMED MUSAB HIROLI

USN 3VY21BA050

TITLE OF STUDY An Organization study report on SHREE

GAJANAN RICE MILL
ORGANIZATION SHREE GAJANAN RICE MILL
KEMBHAVI
DURATION Fourth week
(Week Start and End Date) (8/11/2022 – 15 /11/2022)
CHAPTERS COVERED Chapter 5 and chapter 6
(During the Week)
DESCRIPTION OF THE ACTIVITIES Chapter-5
PERFORMED

 Analysis of Financial Statements

Chapter-6

 Learning Experience
 Bibliography
 Annexure

DATE:
Signature of student
"Reviewed"

Signature of internal guide with date.

SHREE GAJANANA RICE INDUSTRY