Established in the year
LLIM lays emphasis on imparting practical knowledge and thereby organises industrial visits every year to various companies in Maharashtra to understand the functions and working of renowned Companies :
Thirty students of second semester of LLIM along with three faculty members Prof. N. Balasubramanian, Dr. Kinjal Shah and Dr. Neetu Singhwal went on a study tour to Piano Presitel in Bhayandar (E),Thane District on 13 May 2023 to gain learning how a manufacturing company works and also interaction with industry experts.
Piano Presitel is committed to establish itself as the most trusted manufacturer of critical hi-end Engineering parts with high quality at perfectly economical costs. Company foresees to stand as the brand of choice for the whole of the automotive world. It competes only with itself by raising its quality and service standards to the highest level. Company wishes to serve India by flourishing into a hub, creating job opportunities and influx of foreign economy.
Piano Presitel has excellent national and international automobile OEM companies as their clients and good in-house facilities with machineries of latest technologies to develop components of intricate shapes, close tolerances and requisite hardness as per customer's drawings and specifications.
Students in this study tour understood the importance of business practices in manufacturing critical components like brakes, clutches and assembly etc. of highest durability and quality in building a niche automobile.
MMS students (Batch 2018-2020) of 1st year, with five faculty members – Dr. Arati Kale, Prof. N. Balasubramanian, Prof. Vikas Sharma, Dr. M. Gowrishankar and Dr. Shilpa Shinde, went for an industrial visit to Navneet Publications India Ltd., on the 18th of February 2019, in order to receive the much needed industrial exposure.
Navneet Education Limited is an Indian company that is in the business of educational (board curriculums) and children book publishing, scholastic stationery and non-paper stationery products. Navneet is one of the largest paper stationery brands in India with a leadership position in premiere stationery markets such as India, Middle East, parts of Africa, USA, and Europe. Navneet is major publisher for last five decades in India and had been exporter for last 20 years.
LSS Khaniwade (Logistics/Sampling/Short Run) Facility: 35 miles from Mumbai & 58 miles from JNPT port is one of the three plants where its production factories are equipped with state of art machinery capable of producing diverse categories of paper stationery products & are Warex certified. The presence of in-house printing and finishing equipment supported by their in-house product development and designing team helps them create tailor-made products for fashion range with premium effects like glitter, metallic, flocking and embossing. The above production efficiency and supply chain efficiency were understood by the students and faculty who went to Khaniwade (Virar) plant for an industrial visit on 18th Feb 2019.
The Navneet member in-charge (Mr Gandhi) of the logistics and supply chain, received us at the entrance of the plant and showed us the way ahead.
The industrial visit gave the students an insight about the manufacturing of the books and other products, and how they were being stored. They showed the students how the raw material (rolls of plain paper) went through a number of processes and procedures, until the final product (book) was produced. The students learnt that a good percentage of the books and folders being manufactured in the plant, was done for the purpose of exports, to major companies such as Walmart.
Learnings from the visit:
The students took back home some interesting learning and key tips which would help them to work as effective managers in their future.
MMS Students (Batch 2017-19) of 1st year HR and Operations with two Faculty Members – Dr. Arati Kale and Prof. N. Balasubramanian went for an Industrial Visit to The CEAT Tyres Ltd, Bhandup Plant on 19-03-18 in order to receive much needed industrial exposure.
CEAT Members in-Charge of Production and Security received us at the entrance of the plant and showed us the way ahead. Senior managerial personnel of Production Mr. Shivaraman and HR Manager Mr. Jayesh Thakkar presented and interacted with the students giving them insights not only into the company’s manufacturing and production units but also into the various functional areas that make CEAT one of the most desirable tyre brands in a large part of Asia.
The industrial visit gave an insight to the students how manufacturing, quality and HR initiatives can transform an Organization from closure stage to become one of the most profitable plant in the country.
The highlights and learnings are listed below:-
Bhandup plant in spite of being one of the oldest plant has achieved highest level of efficiency based on the principles of SPCDQM (Safety, Production, Cost, Delivery, Quality and Morale) and will be the first Indian tyre manufacturer to attain internationally acclaimed Deeming award in the month of August 2017.
Every employee is ingrained with PDCA quality initiatives. Quality circles QC christened as Sparsh Quality Circle in CEAT are highly successful and students were presented with many examples of QC benefits. QC leader illustrated with a problem, the steps taken in the circle and how successfully they solved together.
The plant manufactures pneumatic and radial tyres ranging from 2-wheeler to 4-wheeler and niche tyres used in mining, water transport and heavy vehicles. The plant visit was learning how capacity planning, process strategies, quality procedures and better ecosystems can transform an organization.
The plant main process departments of Compounding and Mixing, Component preparation using extruders & calenders, Tire building, Curing and Final uniformity finishing were shown to the students.
The rock-hard HR Department was a clear evidence of high levels of employee satisfaction and smooth work culture. They have an initiative called “HR @ DOORSTEP” wherein they communicate with each and every employee of the industry and handle their grievances at the earliest.
Their employee engagement activities show a hike of 95%. Different Employee engagement activities just to name a few include Celebration of every festival, reward people for their vital contribution in their respective fields, Cricket leagues, women’s day celebration, participation in Mumbai marathon to represent their company, safety week, “MAHA CEAT RATNA” (People are awarded in front of everyone on 8th of every month).
They also have this concept of “RED BOOK”, to capture voices on shop floor which means any activity from the function of a blue collared worker to a white collar worker if noticed not done correctly the complaint is recorded in the book over which actions are taken by the respective officials.
A strong HR is a pre-requisite for a successful organization. Three of the six pointer Key Performance Indicators (KPIs) of CEAT are directed towards HR, a practice that lifted the plant from a loss making, high employee turnover unit 6 years ago to a prosperous and profit making organization, today.
Permanent labour backed by a strong contractual workforce minimizes possibilities of breakdowns and vouches maximized productivity at lower costs.
People are your biggest asset and play a pivotal role in the growth of any business. CEAT boasts of an average employee age of an impressive 30 years, resulting in easy acceptability of process and automation.
Environmental and legal compliance paired with proper CSR initiatives specially directed towards the local residents residing in close vicinity are a must for the long term survival of any business unit; especially the likes of a tyre manufacturing plant that inadvertently releases certain level of pollution into the environment.
Finally, it is important to make sure that every single worker as well as employee is working towards the achievement of the common pre-defined vision of the specific unit (Beautifully defined by CEAT, Bhandup), apart from being assured of personal growth and development.
It was an Informative, Interesting and a Successful Visit. CEAT personnel elaborated and explained in depth each activity. The students took back home some interesting learnings and tips which would help them whilst working in corporates.
Industrial Visit for MMS-I, Semester II students, was arranged by Operations faculties. It was arranged in two batches, considering safety precautions and administrative constraints.
The aim of visit was to make students aware, observe practically and understand concepts of Operations Management and Operations Research. The concepts like Plant Lay Out, Manufacturing Processes, Sequencing technique, resources such as solar power plant, Five “S” technique, Green Building concept and safety at manufacturing set up, were observed by students.
Industrial Visit was made very well informative and knowledgeable by Dr Rajesh Patil, Head, Admin, Control & Automation and his team, from administration and Air Circuit Breaker manufacturing unit.
Finance is considered to be the blood of any business and when it comes to understanding finance, we cannot ignore the main institution, which is, The Reserve Bank of India (RBI). The students at the Lala Lajpatrai Institute of Management had the privilege of visiting the Apex Bank and gather some practical insights.
The students first reached RBI where they were taken to the convention room on the 25th Floor. The session at RBI started with a short audio visual clipping of the brief history of RBI focussing on how RBI started and then Mrs Ajay Joshi spoke about RBI completing 80 years on 1st April 2016 and how it has brought about innovations and transitions in the total banking scenario in India in these 80 years. Another eminent speaker, Mr Joshi , spoke about RBI’s functions and Monetary Policy formulations.