INDUSTRY IMMERSION PROJECT REPORT At NEW HOPE FOOD INDUSTRIES BY DHARANI P 19MBA045 Under the guidance of Dr.A.LATHA A PROJECT REPORT Submitted In partial fulfilment of the requirements Head of the Department Faculty guide Dr.A.LATHA Assistant professor-KCTBS Softcopy Submitted for the project Viva-Voce examination held on Internal Examinar 1 (Signature with date) Internal Examinar 2 (Signature with date) Acknowledgment CHAPTER CONTENT 1 Introduction 2 Industry profile 2.1 Background of the industry 2.2 Market size 2.3 Market Players 2.4 Government polices and Regulations 2.5 Challenges for the industry 2.6 Company Profile 3 History 3.1 Founders Vision Mission and Values 3.2 Organisation structure 3.3 Product and Services 3.4 Market share and Market position PAGE NO 4.1.6 Role of Finance manager 4.1.7 Cost of capital 4.2 Allocation of Funds 4.2.1 Credit policy 4.2.2 Payment and collection procedure 4.2.3 Budgeting Methods 4.2.4 Cash management and Control process 4.2.5 Human Resource 4.2.6 HR Policy 4.2.7 Recruitment selection 4.2.8 Training and Development 4.3 Carrier planning and development 4.3.1 Welfare benefits Discipline 4.4.5 Software used 4.4.6 Problems Identified During Industry Immersion Project 4.4.7 Conclusion INTRODUCTION • Mr. RAJA took up baking from a very young age, supporting his father in a bakery acquiring experience of over four decades in baked goods. • In 1996 his rich experience in the bakery cake manufacturing field resulted in the incorporation of a company named M/S New Hope Food Industries Ltd. • The unique brand name was “MILKA WONDER CAKE” which was awarded at an ALL INDIA ACHIEVER’S CONFERENCE in recognition of his high-level business services. BOARD OF THE DIRECTORS • Mr. A. RAJA • Mr. ARUMUGAM • Mrs. R. NIRMALA DEVI • Mrs. A. NAGESWARI • Mr. R. RAM PRAKASH INDUSTRY PROFILE