CHAPTER 1

TITLE INTRODUCTION 1.1 Introduction to the study 1.2 Purpose of the study 1.3 Justification of the study 1.4 Objectives of the study 1.5 Scope of the study 1.6 Limitations of the study 1.7 Conclusion CONCEPTUAL FRAMEWORK 2.1 Introduction 2.2 Conceptual of the study 2.3 Conclusion REVIEW OF LITERATURE 3.1 Introduction 3.2 Review of literature 3.3 Research of gap 3.4 conclusion RESEARCH METHODOLOGY 4.1 Introduction 4.2 Research design 4.3 Sampling technique 4.4 Data collection 4.5 Data collection instrument 4.6 Analysis tools DATA ANALYSIS AND INTERPRETATION 5.1 Introduction 5.2 Graphical representation 5.3 statistical analysis 5.3.1 Simple percentage analysis 5.3.2 Chi-Square test 5.3.3 Weighted Average Method 5.4 Conclusion RESULTS 6.1 Findings 6.2 Conclusions 6.3 Suggestions 6.4 Directions for Further studies APPENDICES BIBLIOGRAPHY

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RANE COMPANIES & PRODUCT RANGE Rane group comprises of a holding company & 7 manufacturing companies serving different segments: - Rane Holdings Limited (Holding Company) - Rane (Madras) Limited (Manual Steering & Suspension Systems) - Rane Engine Valve limited (Engine Valves, Valve Guides, Tappets) - Rane Brake Lining Limited (Brake Linings, Disc Pads, Clutch Facings, Composite Brake Blocks, CV Brake Pads & Sintered Brake Pads) - Rane TRW Steering Systems Limited(Power Steering Systems, Seat Belt Systems) - Rane NSK Steering Systems Limited(Steering Columns & Electric Power Steering) - Kar Mobiles Limited (Large Engine Valves for Automotive & Defence Applications) - Rane Diecast Limited (High Pressure Die Casting Products) WORLD CLASS TECHNOLOGY: Rane Group brings to its clientele, the best of technology and expertise through strategic technical partnerships with leaders from around the world.

TRW Automotive us LLC Power Steering Systems. Ball Joints. Seat Belt Systems.

NSK japan Energy absorbing Steering Columns and Manual RCB Steering gears

nisshinbo ind.. japan Brake Linings. Disc pads ,clutch facings

TQM A way of Life: All divisions of the group are in tune with international quality assurance norms. The Quality Management System is further endorsed by the conferment of the Deming Application Prize to four of the group. 2003- Rane Brake Lining Limited wins Deming Application Prize. 2005- Rane Engine Valve Limited (SGD) wins Deming Application Prize 2007- Rane (Madras) Limited wins Deming Application Prize.

HR VISION & INITIATIVES HRD Vision To stimulate and nurture the intrinsic desire in people to learn, grow and enhance performance to achieve business success and growth HRD Goals - Recruit and retain high caliber employees - Encourage and recognize outstanding merit and contribution - Create opportunities for professional growth and satisfaction - Develop leadership capabilities at all levels - Foster employee involvement and develop a work ethos that builds dignity and pride HRD Organization HRD at Rane operates at two levels At Group Level Formulate policies, and designs major people development initiatives to enhance professional capability of employees at group level. - At Business Unit Level Companies implement group policies and develop Unit specific interventions. - Strategies and Initiatives at the Group Level. Specific strategies and Initiatives are designed to enable actualization of HRD Goals. Recruitment and Retention High caliber employees are recruited through well structured process including campus recruitments of Diploma and Graduate Engineers and lateral recruitment of experienced employees. Recognition and Reward Outstanding performance is recognized and rewarded through comprehensive performance assessment development systems, aligned to TQM principles and practices. Opportunities for Professional Growth Internal candidates firs considered for job vacancies, thereby, providing employees opportunity for lateral & upward growth Professional Knowledge and skills enhanced through continuous education at Rane Institute for Employee Development (RIED) and other reputed academic institutions.

Leadership Development Leadership and managerial capabilities are developed through specific training programmes, job rotation, participation in cross-functional teams etc. Fostering Employee Involvement Newsletters, contact meetings & regular communication meetings

Open House Days and interactions with employees families Business unit specific communication process to meet particular needs.

Specific strategies and initiatives are developed and implemented in each business unit so as to achieve HRD goals. MILESTONES 1929-Rane was founded as a distributor of automobiles & parts 1959-Diversified into manufacturing and established plant for IC Engine valves 1960-Established Facility to make TIE Rod Ends 1964-Started manufacture of friction Material 1974-Estabilished Kar Mobiles Limited to manufacture automotive and large valves 1975-Started manufacture of Manual Steering Gears 1987-Estabilished JV with TRW for power Steering Systems 1991-Estabilished JV with JMA for distribution of auto components 1995-TRW JV also commented manufacture of occupant restraints -Established JV with NSK for Energy Absorbing Steering Columns -Founded Rane Institute for Employee Development. 2000-TQM launched under guidance of Union of Japanese Scientists and Engineers , Japan 2003- Rane brake lining limited wins Deming Application prize 2005-Rane engine valve limited wins Deming Application prize -Rane TRW Steering Systems Limited (Steering Gear Division)wins Deming application prize -Invested in High Pressure Die Casting products 2007-Rane (madras) Limited wins Deming application prize

MAJOR CUSTOMERS IN INDIA

MAJOR OVERSEAS CUSTOMERS

Hungary

UK

Germany

USA

Germany

USA

ASIA

UK

EUROPE& USA

Germany

CORPORATE SOCIAL RESPONSIBILITY : - Rane Group contributes to societal causes through a trust - All plants involved in development activities in their neighbourhood ,mainly in the areas of education and health

RANE ENGINE VALVE LTD, PLANT 3 PONNERI PROFILE It started manufacturing Engine Valves in 1959 in collaboration with Farnborough engg. Co, UK(1958-73).Then it collaborated with TRW ,inc ., USA (1974-2008).It is the Leading manufacturer of Engine Valves and Valve Train components in india. PLANT PROFILE Products Annual capacity Total area Built-up area Employees PLANT 3 MILESTONES Starting of Plant 3 Commissioning of gun-drilling Cellular layout ISO 9000 Certification Threaded guides manufacturing Exports Guides from 20k/month to 70k /month QS 9000 Certification Valve Tappet Manufacturing ISO 14000 Certification Shop2 Opening For Tappets TS 16949 Certification Deming Award won Exports ramp up to 500k / month April 92 April 93 July 95 Feb 98 July 98 Aug 98 Mar 00 Apr 01 Sep 01 May 03 May 04 Oct 05 Apr 08 Valve guide & tappet 10.4 million Guides 2.0 million tappets 20235 Sq. Meters 3087 Sq. Meters 260

QUALITY PROCESS CONTROL SYSTEM Outgoing product quality is assured through - First-off approval of setting

Frequency inspection by operators Process control through control charts Final product audit Calibration control of gauges &key fixtures Preventive maintenance of equipments

QUALITY CERTIFICATIONS -CERTIFIED FOR ISO 9000 IN FEB 1998 -CERTIFIED FOR QS 9000 IN MAR 2000 - CERTIFIED FOR ISO 14001 IN SEP 2001 - CERTIFIED FOR ISO/TS 16949:2002 IN MAY 04 -DEMING AWARD IN OCT 05 TQM INITIATIVES 1. DRM -For systematic planning and achieving the targets 2. QITs For break through improvements 3. QCCs- For workplace improvements Suggestions for operators in place REVL SOCIAL RESPONSIBILITY 1. This plant is certified to ISO by RWTUV, Germany 2. Group charitable Trust is founded to support education and health needs of People in surrounding villages 3. Employees Participate in societal activities like blood donation , health camps , teachings subjects like hygiene in nearby schools