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LD 1 - Merged

The document provides information about an industry that manufactures suspended ceiling accessories, metal ceilings, and light fixtures. It details the company's history, location, vision, mission, challenges, and organizational structure. The company aims to provide customized solutions and prides itself on innovation, quality, and customer satisfaction.
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0% found this document useful (0 votes)
40 views29 pages

LD 1 - Merged

The document provides information about an industry that manufactures suspended ceiling accessories, metal ceilings, and light fixtures. It details the company's history, location, vision, mission, challenges, and organizational structure. The company aims to provide customized solutions and prides itself on innovation, quality, and customer satisfaction.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 29

CHAPTER - 1

ABOUT THE INDUSTRY


1.1 Introduction:

'CUSTOMIZATION IS THE KEY THAT SETS US


APART'

Established in the year 2006 LD square


Technologies India Pvt. Ltd. is one of the pioneer
names in industry known to deliver quality
products. We have located our headquarter in
Bengaluru Karnataka (India). Our company is
engaged in manufacturing products such as
Suspended Ceiling Accessories, Metal Ceiling, Fancy
Ceiling, Light Fixture and many more. The products
are excellent in quality.

The company takes full ownership of ceiling


and customized lighting systems. We at LD square
Technologies India Private Limited understand the
growing demands in the field of industrial lighting &
metal ceilings. The team at LD square Technologies
India Private Limited undergoes periodic training,
which helps in understanding the products better
and also to keep up with growing demands in the
field of industrial lighting and metal ceilings, which
in turn helps us to suggest the right and appropriate
solution to our clients.

LD Square Technologies India Private


Limited located in the Silicon Valley (Bangalore) are
the specialists in the design and development of
customized industrial lighting and metal ceiling.

1.2 Location:

The company located at Dasanapura Hobli,


Kachohalli Village, Lakshmipura Post, Bangalore
North, Bangalore-560091, India
1.3 Nature of the Industry:

In this contemporary world, commercial and


industrial entities are opting for invigorating
living/working spaces to elevate and render world-
class ambiance.

LD square Technologies is a manufacturing


unit that provides unique and ultimate solution in
the ceiling, metal screens, accessories and other
such products with installation. The product are
customized with world class technology to provide a
safe environment, enhance employee performance
and fascinate your clients. LD square Technologies
manufactures state of the art infrastructure with the
optimum combination of features, functionality,
design, fabrication and innovation.

The support system is ideal for any project


whether being a large or small an environment with
a wide range of designs, rich color, and genuine
quality.
1.4 Infrastructure of the industry:

We have built our infrastructure unit that


helps in providing good variety of products. The
products are designed by using latest technology
and tools. We have parted the department into
various units like designing, warehousing, quality,
sales and many more. Further our products are
stored in warehouses for proper preservation of
products to be used for longer time period.

1.5 Vision of the industry:

The fast change in market in recent times


has become very challenging for which LD square
Technologies India Private Limited has to be
committed, by bringing out new products which are
unique to the industry.

Create opportunity for every member of the


global workforce. To have impacted the lives of a
million people living in the third world so we can feel
like we gave something extraordinary to my home
country.

1.6 Mission of the industry:

Innovation, quality and customer


satisfaction our mission is to be an innovative leader
in custom industrial lightings and metal ceilings,
providing exceptional value in quality, cost, delivery
and service that exceeds the expectations of our
customers, associates and business partners.

To enhance the lives of entrepreneurs and


the people they serve. Through the application of
business best practices, we enable the people in our
lives to accomplish more collectively, than they
could separately.

1.7 Team of the industry:

A team of diligent and extremely


experienced, professionally qualified and talented
personnel have been employed. They are very well
versed in their respective responsibilities. The
various stages of manufacture and quality control
are taken up by independent teams. Our
professionals are a competent lot in their dominant
to undertake all the assignments entrusted to them
and also are able to meet all bulk demands within
targeted time periods. Quality control of all
parameters for the performance of the products is
monitored thoroughly to avoid chance errors in
accuracy and performance. our cheerful workmen
remain engaged to their assignments with
dedication.

1.8 Challenges of the industry:

Changing company culture to view new


strategies as a positive growth opportunity allows for
ongoing improvement and encourages employees to
become more open to change and new ideas. new
strategies are introduced systematically through
planning, implementation, evaluation, improvement,
and monitoring.
Organizational development leads to
innovation, which can help improve products and
services. this innovation often comes as the result of
intensive market research and analysis.

In today's business world, employees must


constantly adapt to changing products, platforms,
and environments. Employee development
comprises training and work process improvements
that help everyone to keep up with shifting
demands.

The practice of organization development


allows employees to expand their business in new
areas and targeting new customers always, an
organization expands its business when it runs
through organization practices. Because future
business expansion depends on the vision of the
future operation of the organization. Organization
development helps employees to be aligned with the
vision of the organization and they try to contribute
to effective business expansion of the organization.

Employee growth initiatives for employees


are always treated as the best practice in
organization development. When an organization
emphasized organizational development, ultimately
employee’s communication strategies improved and
they can easily fit themselves with the changing
culture. Organization arrange different types of
outbound programs to improve employee morale
and make them skill as Well. This initiative not only
helps in organizational development but also
increases employee growth.
CHAPTER - 02
DESIGN OF THE STUDY
2.1 Objectives of the organization:
❖Make organization better adaptive to its
environment which always keeps on changing.

❖Improve organizational performance as measured


by profitability, market share, innovativeness, etc.

❖Make the members willing face organizational


problems and contribute creative solutions to the
organizational problems.

❖Improve internal behavior patterns such as


interpersonal relations, intergroup relations, level
of trust and support among the role players.

❖understand own self and others, openness and


meaningful communication and involvement in
planning for organizational development.

❖Align employees with the organization's mission


and vision.

❖Handle organizational conflict in an effective


manner

❖Increase satisfaction and commitment level of the


employees
❖Solve problems effectively rather than neglecting
❖Increase employee collaboration.
❖Facilitates easier and better communication at all
levels of the organizational hierarchy.
❖ Eliminates over lapping and duplication of work.
❖ Create clear cut lines of authority and
responsibilities in an organization, thus improving
the activating and controlling functions of the
manager.
❖ Provides for optimum use of technology
improvement and enhance the efficiency of the
workers quantitatively and qualitatively.

2.2 Scope of the organization:


❖ Business form, the structure of the organization,
is straight forwards. The entrepreneur usually
introduces his capital. Only he is the sole
organizer, financier, decision maker, operator,
and controller and above all responsible for the
success and failures of business. In general there
is a subdivision of the main work rule into small
groups.
❖ The property, each partner, provides capital,
labor, and administration under an agreement
that the partners determine among themselves to
what extent each partner must participate in the
administration. The pattern of distribution of
activities, determination of tasks, delegation of
authority, etc., depends on the nature and size of
the company. As the association's business is
usually executed on a small scale, the structure of
the business organization is relatively simple,
temporary, and informal.
❖ There is regular pattern of organization. The work
of an organizations starts even before its
incorporation by the promoters. This work of
organization continues after incorporation. An
organizational chart of liabilities is prepared. The
duties and liabilities of the personal employed are
defined; the producers are reduced. The methods
are discussed and presented to the staff in clear
terms. The scope of business organizations that
incorporate business is quite broad and
complicated.

2.3 Structure of the organization:


An organizational structure is a system that
outlines how certain activities are directed in order
to achieve the goals of an organization. these
activities can include rules, roles, and
responsibilities. The organizational structure also
determines how information flows between levels
within the company.
CHAPTER – 03
ORGANISATION PROFILE

3.1 Company profile:


Name: LD2 Square Technologies India Pvt.Ltd.
Address : Dasanapura Hobli, Kacholli Village,
Lakshmipura Post, Bangalore North, Bangalore-
560091, India.
Nature Of Business : Exporter and manufacturer.
Company CEO : Prasanna Varuti
Total Number Of Employees : 51 to 100 People
Year Of Establishment : 2006
Legal status of Firm : Limited Company
(Ltd,/Pvt.Ltd.,).
Annual Turnover : Rs. 10-25 crore
Quality Measures / Testing Facilities : No
Import Export Code (IEC) : 07130xxxxx
Banker : Axis Bank, Axis Bank Ltd.
GST No : 29AACCL4019P1Z3
CIN No : U31401KA2013PTCO67474
Customized Packaging : No
Payment Mode : Cash, Cheque, DD, RTGS
Shipment Mode: By Road
Number of branches : 2
Product Profile :
✓ Lighting Fixture
✓ Metal False Ceiling Service
✓ Vertical Baffle Ceiling
✓ Baffle Grid Ceiling
✓ Random Perforated Clip in Tile
✓ Lay in Tile
✓ Plank Ceiling
✓ Sound Absorber Baffle Ceiling
✓ Wooden baffle ceiling
CHAPTER – 04
SWOT ANALYSIS

4.1 STRENGTHS:

• Low cost structure

• Largest merchandise selection

• Making some progress in integrating fundraising


across channels.

• Increasing focus on design, user experience, and


content.

• Increased revenue, especially online donations.

• Efficient delivery network

• Collaborations with the public sector

• Grown as much as faster.

• Global strategy.

4.2 WEAKNESSES:
• Product fail

• Lack of capital

• Sometimes free shipping increasing costs

• shrinking margins.

• No offline presence

• Projects are postponed because of lack of skills

• Limited service lives

• Budgetary issues

• Technology fearful force

• Lack of industrial partners

4.3 OPPORTUNITIES:

• Fast growing sector

• High social acceptance

• Well established legal framework for storage,


manufacturing and transportation.
• Combining natural and synthetic production.

• Strain improvement opportunities.

• Discovery of new products.

• Increased investment opportunities.

• Growing consumer interest.

• Market developments.

• Business/product development.

• Industry life style trends.

4.4 THREATS:

• Political and economic effects

• Legislative effects.

• Environmental effects.

• New contracts and partners.

• Competitive effects.

• Loss of resources.
• Poor management strategies.

• Obstacles to be faced.

• Platform and provider confusion.

• Increased competition.
CHAPTER - 05
ANALYSIS AND INTERPRETATION

5.1 Analysis of some products:


• WOODEN BAFFLE CEILINGS

Material: Aluminum extruded and GI. The ceiling and


the accessories are provided with powder coated
thickness of 70-80 microns; powder coating. Color:
wooden grain finish.

• VERTICAL BAFFLE CEILING


Material: Aluminum extruded and GI. The Baffles to be
fixed to true ceiling and bottom by using 1.2mm thick
ceiling facilities easy maintenance.

• RANDOM PERFORATED CLIP IN TILE

Perforation pattern can be type, clip channel would be


made of 0.4mm GI sheet with powder coated finish,
clip channel would be hung to the true ceiling by using
m6 threaded rod.

• PLANK CEILING

This ceiling facilitates easy maintenance. The ceiling and


the accessories would be with powder coated finish of
thickness 70-80 microns. Powder coating color as any color
of your choice.

• GI BAFFLE CEILING

Material; galvanized iron, with color coated, thickness of


0.5mm.

• SOUND ABSORBER BAFFLE CEILING

Material; aluminum, shape; Rectangle, thickness of


5mm. variable height and width allow flexible adjustment
to visual effect of the overhead space.
5.2 Recent Project of The Company:
5.3 Analysis of sales and expenses:

5.4 Analysis of employees:


CHAPTER – 6
RECOMMENDATION AND
CONCLUSION

6.1 Recommendation:
Why us?
Ld. square Technologies India private
limited has made a mark in the INDUSTRIAL
LIGHTING &METAL CEILINGS with its range of
products. Its performance especially with regard
quality has earned a name in the industry.
It is our objective to co-operate with our
customers to create individual, made-to-measure
solutions, which provide an optimum combination
of function and design. We at LD square
technologies India private limited constantly strive
to supply quality products, so that we may
endeavor to globally customize high quality
products to stay competitive in tomorrow’s world.

Customized solutions:
LD square Technologies India private
Limited guarantees that the products supplied will
be covered for a period of 2+ years for any
manufacturing defect occurring.
After 2 years, if the customer wishes, LD
square Technologies India Private Limited will
support in refurbishing the product by re-power,
with the cost quoted by Ld. square Technologies
India private Limited as on that day.

Warranty:
LD square Technologies India private
Limited guarantees that the products supplied will
be free from manufacturing defects and are as per
the specifications given by the customers.
We provide the warranty for all the
products installed by us and are completely
responsible for the quality of products. If a
manufacturing defect occurs you will be supplied
with new material to replace the defective parts,
subject to inspection. The replacement materials
will be of the same or similar design and quality.
This warranty does not cover normal wear
and or shade changes due to exposure to smoke,
fumes, leaks or abuse. This warranty is not
transferable and applies to the original purchaser
only.

Our clientele:
We are valued by our clients for providing
them best quality products from many years and
stabilize a trust worthy relationship with our
clients.

6.2 Conclusion:
Changes begins with identifying a need
that aligns with business goals. Companies often
know that need right away, but they may consider
a data-driven approach to identify problems
through formal surveys and feedback. This
approach allows for a more thorough
understanding of the area for improvement.
Companies should ask themselves what they want
to change, and why that change is necessary.
All in all, the internship practicum I
conducted at Ld. square private limited company
availed with me the tools, people, processes with
which I was able to practically understand the
link between what I learned within the scope of
accounting and finance specifically in the areas of
accounting, procedural, manuals, stock control
policies relating to inspection, verification.
BIBLIOGRAPHY
➢ Company details
info@ld2technologies.in

➢ Refer
https://in.linkedin.com/company
/ld-square-technologies-india-
private-limited

➢ Books
o Management consulting in India (U.K.
Srivastava, Pramila Srivastava).
o Privatization (Nihal Sri Ameresekere).

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