The Videocon group set up concern in 1979 and it is puting tendencies in every country of its actions. It emerges as a United States Dollars 2.5 Billion planetary transnational company.
The chief operations of the Videocon group are in 4 chief sectors:
Consumer Electronicss, Compressor fabrication & A ; place contraptions in India
In India the largest gross revenues and service web is Videocon with Color telecastings, many other place contraptions, Consumer merchandises like Microwave ovens, iceboxs and Washing Machines, it enjoys most first-class place in the footings of gross revenues and client fulfilment. Videocon enjoy a most first-class place in footings of client fulfilment and gross revenues. Their is house compressor development engineering in Bangalore has manufactured more iceboxs.
Display industry and its constituents
Through new advanced engineerings like slender CPT, excess slim CPT and High Definition 16:9 formats CPT, Videocon has emerged as one of the largest Color Picture Tube makers in the universe, It operates in Italy. And it is with Thomson.
Color Picture Tube Glass
Videocon lending as biggest makers of CPT Glass in the universe with proficient experts in service spread in India and Poland and above the land degree of experience. For take downing the costs and beginning CPT fabrication turning efficiencies, the influence on this synergism of Videocon after the accomplishment of Thomson internally.
Oil and Gas
Producing 50000 barrels oil per twenty-four hours with one of the lowest service costs in the universe the cardinal plus for the group is its Ravva. For enlargement of this sector globally, the programs has to find by group.
Apart from this Videocon is establishing Mobile services in most of the provinces in India. This undertaking is made on the footing of establishing nomadic services in Andhra Pradesh ( State of India ) and it has been launched in the month of November 2009.
Here as follows:
Legal Structure:
To establish a company it has to take permission from the authorities of India and enfranchisement from presenting organic structures. ISO 9002 is an presenting organic structure all over the universe. For establishing a new merchandise, a company has to take blessing from ISO 9002 ( International Standard Organization ) .
Videocon group already have enfranchisement from ISO 9002, foreign licence CE blessing for exporting to Europe from Europe. It has taken blessing of VDE proving and enfranchisement institute from Germany for the merchandises manufactured in Germany and Poland. It besides corresponds with British Standards.
Gross saless and Marketing Research:
State facts:
The province was formed in 1953 with amalgamation of Hyderabad province and Andhra State. The rule languages spoken are Telugu and Urdu.
The province enjoys rich architectural heritage in Golconda garrison, Charminar, Tirupathi Tirumala Temple, 400 old ages old Husain Sagar lake amongst others pulling big figure of tourers to the province.
Engagement of the husbandmans in the irrigation beginnings direction is foremost in Andhra Pradesh, They formed 163 distributer commissions, boasts 9922 association of H2O users.
The major port of Andhra Pradesh is Vishakhapatnam. Andhra Pradesh is one of the busiest ports in India. Some of the minor ports are located in different countries.
Agribusiness is chief business of the province.
Mobile Handset market portion in Andhra Pradesh
Trade name
Share
per centum
Nokia
363000
66 %
Samsung
60500
11 %
Sony
45100
8.20 %
LG
17600
3.20 %
Unbranded
24750
4.50 %
CDMA
36850
6.70 %
Entire
550000
100 %
ORGANISATIONAL Structure
Gross saless:
Cost AND EXPENSES: Videocon is establishing the nomadic French telephones. Below is the scope of Mobiles. All the substructure and theoretical accounts of nomadic French telephones are taken from China and they are double sim based at a really lower cost comparison to other trade names.
V2950
Splitter
V1750
Windows 6.1 with 624MHz superfast microprocessor
Now Touch Music
Splitter
A A A
V1604
Splitter
V1502
3 Stereo talkers for tickle pinking music experience
Embrace the new manner statement
Splitter
V1405
Splitter
V1403
Care for your cherished minutes
Capture limitless images
Splitter
V1401
Splitter
V1302
Bring images to life
Marathon Battery for non-stop music
Splitter
V1303
V1301
Groove while you play
Music on the move
Splitter
V200
Splitter
V1306
Record your favourite melody
Loud VIBRA SPEAKERS for the ultimate music experience
The net income and loss history of the company: Below is the illustration of net income and loss history of Videocon Mobile Services. :
Balance Sheet: Every twelvemonth the companies are expected to bring forth balance sheets. The Company studies should demo these fiscal statements. It can be produced one time in a six months or if it is required. The two chief fiscal statements of a company are: :
1. The P & A ; L history, and
2. Balance sheet.
1. The P & A ; L history.
The net income and loss history indicates the net income or loss of a concern in accurate count on a regular basis through simplification. We can mensurate the value of assets and the liabilities of the house. Net income and loss shows in below illustration:
Examples:
Buying and selling merchandises such as dresss and wood made merchandises in a High Street Shop in instance of trading.
Cadbury produces edible sweet merchandises and other nutrient materials, buys sugar and natural stuffs that are processed in doing of edible sweet merchandises such as chocolate in instance fabrication.
2. Balance sheet:
The sum-up of the overall fiscal place of a concern and the value of concern shows the balance sheet. It gives brief study of net income and loss history. In order to bring forth wealth concern demand to use its assets. Assetss are the company ‘s ain things or amounts that are owed to the concern at any minute of clip.
CASH FLOW STATEMENT:
A fiscal statement showing outgoings, entrances and hard currency balances. The hard currency flow statement refers to flux that take topographic point in a preceding period of clip e.g. the last twelvemonth. Do non confound this with a hard currency flow predict which is a future predict of outgoings and entrances of hard currency into a Videocon concern.
SWOT Analysis:
Finance/Loans: Banks are a major beginning of finance for all concerns, supplying finance for get downing up, running the concern and for enlargement:
A Videocon can take loans of short-run, medium-term or long-run.
Videocon can besides take mortgages that are long-run loans for the usage of purchasing fixed assets such as edifices and setup.
Videocon can besides utilize over bill of exchanges that are short-run loans with limited period which can assist the twenty-four hours to twenty-four hours consecutive drive of the Videocon nomadic trading.
Videocon needs to look into all of the finance conditions, for excess charges and easy refund. Interest has been found an easy illustration for the bank takes for geting loans in Videocon Mobile Services. As per the hazards which bank feels there is, there will be a fluctuation in the rate of involvement.
Interior facets of SWOT analysis are Strength and failing. This means the control of the concern is within them. The fabrication, organisation, selling or finance ‘s facets are go throughing on to strength and failing. The external factors are chances and force per unit area. It means the control of the concern is from outside. The economic province, the environment, societal alterations or technological progresss, such as cyberspace may be comprised by strength or failing. Strengths and failings are interior facets. It means that they are within the control of the concern.
Opportunities and antagonistic force per unit area can be made by making the strength and its failing and by concern. For illustration, cardinal strength is planned and aimed in usage no more material than required in the devising of each point. It is the cardinal strength of Videocon. In add-on, the waste and recycled stuffs are used in development of merchandise programs enlargement subsequently.
Business scheme is goaled of sustainability and ecological design in cardinal to its concern scheme, The new sustainability program has been launched to take the company through to 2019. Environmental, societal and economic issues will be united by this.
To accomplish the aims of concern Videocon uses SWOT analysis and takes its aid. This is a strategic planning instrument. Key issues are centered and helped by SWOT analysis. The first phase of planning is SWOT and it looks at the Strengths, Weaknesses, Opportunities and Threats which involved in an industry venture or undertaking.
Beginnings of Finance: The major beginning of finance for set uping any company is through bank. A bank can owe every bit much finance as needed to get down a concern at a lower involvement rate. It is easy to acquire finance from bank if the company is stabled and want to get down a new concern. So we recommend holding a expression at the beginnings that is Bankss.
UTI, the 1st bank UTI, The new private bank and it is the 1st one to get down operations as a private banking in 1994 as permitted by Government of India and it is recognized. The Unit Trust of India, Life Insurance Corporation of India and General Insurance Corporation Ltd and their decision makers has been promoted together the UTI bank. And besides associated with NIC Ltd, NIAC, OIC and UICL.
In India today this Bank is capitalized with Dollar 232.86 Billions with 57.50 % external investing other boosters. UTI bank have 200 subdivisions and with over 1250 extension counters in the state. The Country ‘s one of the biggest ATM webs is UTI Bank. The capital of UTI Bank of Rs. 232.86 with the investing of public and other boosters ‘ investing is 47.50 % . To accomplish differentiation UTI Bank has to accept its committednesss and to hold best industry patterns internationally. Corporate banking every bit good as retail banking is the strengths of UTI Bank.
In India UTI Bank has 2.7 million debit cards by terminal of December 2004, ATPAR check installation had been offered foremost in India by UTI Bank, to all its nest eggs bank account holders it offers the ATPAR check installation without any charges in all the subdivisions available in the state. ATPAR check installation is free of cost to UTI bank clients and it is the first one to get down this installation.
International travel currency card has been introduced by UTI bank which gives discrepancies the dollar divergence, euro and lb sterling discrepancies divergences are contributed by UTI Bank and it is the latest 1. The hard currency card enables you to go throughout the universe, it is a signature based prepaid card which can be used in any of the ATM ‘s. It is really safe manner of hard currency backdown globally.
Location: There are 29 provinces in India and Videocon has to establish their nomadic French telephones in all the provinces. In all the provinces Videocon has to establish in a similar manner.
One of the provinces of India is AP ; AP had been formed on 1st November, 1956 under the States ‘ reorganisation strategy.
The province with an country of 276754 sq. kilometer. which is the 5th largest province of India, in ciphering for 8.4 % of India ‘s district.
Among all provinces in India Andhra Pradesh have the longest seashore line of 972 kilometers.
The gift with a assortment of physiographic characteristics runing from high hills, fields to a coastal deltaic environment is in Andhra Pradesh.
Bad Management:
Extreme stock, or excess stock list, consequences in hapless direction of stuff flow in process direction or stock stipulate. Extra stock list has linked in the loss of bring forthing capital owing to auxiliary edge of capital and procure or shop room infinite taken. Extreme stock may ensue in over bringing from provider or from hapless direction or bad ordination of stock by buyer of stock.
Earlier amendss incurred because of utmost stock list in anterior drain of hard currency flow.
Extreme stock list could ensue loss in one million millions of money as merchandise newness may acquire worse to such extent that can non be sold with natural stuffs supplies.
MANAGEMENT Team:
K. R. KIM
Vice Chairman and CEO
Videocon Industries Limited
Videocon Industries Limited in 2008 has appointed Mr. R Kim as Vice Chairman and CEO, After appointment Mr. K R Kim has led the Videocon group to acquire bigger its operations throughout the state in place and every bit good as world-wide operations of the consumer durable goodss and infotainment division.
Mr. K R Kim is the former Managing Director of LG electronics he has good experience in the consumer goods industries. He is a jurisprudence alumnus from Seoul National University and has been worked with LG Electronics for over 30 old ages before fall ining Videocon. During his working he worked at well-thought-of places of President and Managing Director.
The adept leading accomplishments, undertaking obsessed attack and without equal grade of excellence and subject of Mr. Kim has conspicuously carved his individuality worldwide. He has been proud receiver of Super Achiever award from CETMA ( Consumer Electronics and TV Manufacturers ) moreover, for his function in progressing prime of life of India ‘s Electronicss and Durable goods market. He has been awarded by India ‘s Honorable Prime Minister Mr. Manmohan Singh for Excellence in Corporate leading and Entrepreneurial Spirit established by CNBC – Television 18.
Mr. KIM is a leader Videocon group has more than 6000 employees in different sectors like consumer electronics, place contraptions, Oil and gas, Investor dealingss and Mobile services. It has good experienced and qualified staff in all the sectors.