Sikendar Project Report
Sikendar Project Report
Sikendar Project Report
PROJECT REPORT
LTD
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Lords University, Chikani, Alwar
2022-25
CERTIFICATE
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ACKNOWLEDEMENT
I would like to thank Mr. Hitesh Arora, Head of the Department, Human
Resource Management, Head Office, who gave me golden opportunity to
do this wonderful Project in the esteemed organization, which helped me
to learn various concepts.2+
Finally, I express my sincere thanks to my Parents, Friends and all the Staff
of Human Resource department of INDOKOTE INDUSTRIES PVT LTD. for
their valuable suggestions/Time in completing this Project Report.
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Declaration
Meenakshi bindal and no part of this previously formed the basis for the
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Date :
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Executive summary
Nippon Paints is a leading global paint and coatings manufacturer with a
rich history spanning over 140 years. Founded in 1881 in Japan, the
company has expanded its operations to become one of the largest paint
companies in Asia and a significant player in the global market.
Company Overview :-
Business Segments :-
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INTRODUCTION
Nippon Paint is based in Japan and has over 140 years of experience in the
paint industry. The number one paint manufacturer in Asia, and among
the leading paint manufacturers of the world. Nippon Paint produces high-
quality paints and coats for automotive, industrial and decorative sectors.
Over the years, Nippon Paint has perfected its products by means of
breakthrough paint technology, with an emphasis on innovation and eco-
friendliness. We are driven by the philosophy of enhancing life through
innovations – to consistently deliver paint solutions that not only serve
your needs, but also protect the world we live in. After over ten years in
the Indian market, Nippon Paint is steadily becoming a household name.
Apart from arrange of interior, exterior and enamel finishes, we have
many specialty products that showcase its technological prowess.
Paint
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Paints are materials generally used as finishing for other materials. They
are used to protect objects like woods, metals and plastered surfaces from
weathering, moistures, heats and chemicals. Paint products are essential
in every community because of their effects and function sin the
environment. paints are classified into two major groups based on their
carrier mediums. They are
Many years ago, virtually all paints are solvent based, but the advances in
paint technology and the clamp down on the release of volatile organic
compounds (VOC) to the atmosphere made solvent based paints less
popular. Mostly, organic solvents are used in this solvent based paints.
They include thinners, denatured alcohol and petroleum products. Solvent
based paints includes gloss, lacquer paints and auto paints. Solvent based
paints drying mechanism is by polymerization. The wet paint reacts with
oxygen in the air to form a long chain hard film. Solvents based paints are
mostly applied on railings, cabinets, metals etc
Water based paints use water as their carrier medium. they are
subdivided into two main categories. they are
acrylic paints
and
Latex paints
. Water based paints are more environmentally and user friendly. They dry
by evaporation, forming a solid thick film on the painted surface. Acrylic
paints are more durable than latex paints, they contract and expand
better. This makes it more durable for exterior paintings. Examples of
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water based paints includes, acrylic and latex emulsion, satin, matte
emulsion, textured paints, flexure paints etc.
Binders 3. Liquids
4. Additives
PIGMENTS :-
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COMPANY PROFILE
Here's a company profile for Indokote Pvt Ltd:
Company Name: Indokote Pvt Ltd
Founded: 1986
Key Features:
Financials:
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1. Revenue (2022): ₹500 crores (approx.)
2. Employee Strength: Over 500 employees
3. Market Share: 10% in Indian paint market
Leadership:
Subsidiaries:
Certifications:
Sustainability Initiatives:
1. Eco-friendly products
2. Waste reduction and recycling
3. Energy-efficient manufacturing processes
4. Community development programs
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2. Investment in R&D: 5% of annual revenue
3. Development of new products and technologies
Global Presence:
Contact Information:
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SCOPE OF INDOKOTE PVT LTD
Here's an overview of the scope of Indokote Pvt Ltd:
Business Scope:
Product Scope:
1. Coatings:
- Industrial coatings (epoxy, polyurethane, acrylic)
- Automotive coatings (primer, topcoat, clear coat)
- Decorative coatings (emulsions, enamels, textures)
2. Paints:
- Architectural paints (interior, exterior, waterproofing)
- Industrial paints (metal, concrete, wood)
- Specialty paints (high-temperature, chemical-resistant)
3. Chemicals:
- Resins (acrylic, polyurethane, epoxy)
- Additives (pigments, fillers, solvents)
- Intermediates (chemical compounds for coatings and
paints)
Market Scope:
Operational Scope:
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1. Manufacturing facilities: 3 plants in India (Mumbai, Chennai,
Delhi)
2. Research and development center: Mumbai
3. Distribution network: 100+ distributors across India
4. Employee strength: 500+ employees
Financial Scope:
Strategic Scope:
Sustainability Scope:
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Litreture review
Literature Review:
Introduction:
Methodology:
Literature Review:
Findings:
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This study's findings suggest that Indokote Pvt. Ltd.'s business
strategies, including diversification and strategic partnerships,
have enabled the company to maintain a competitive edge.
Additionally, the company's sustainability initiatives have
positively impacted stakeholder value.
Conclusion:
Declaration of Study:
References:
Limitations:
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1. Limited access to primary data.
2. Focus on Indian paint industry only.
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