8 A
CPP Report TITLED
‘GODREJ FOOD LTD’
For fulfilling the requirement of the award of degree of BBA
Subject: CPP (IMS-206)
Under the supervision of
Dr. RAJAN SHARMA
Assistant professor

Submitted to: - Submitted by:-
The Director RAVINDER SINGH MBA 5 Year 3rdSeM Roll No. 12 Registration No.14UIM6

Institute of Management Studies
Kurukshetra University Kurukshetra
Sept.2015

DECLARATION

I, Ravindersingh hereby declare that I have completed the report entitled assigned to me by the Institute, to be submitted in the partial fulfillment of the MBA 5 Year Degree from Kurukshetra University. Further, I declared that this is original work done by me and the information provided in the study is authentic to the best of my knowledge and belief.

Signature
RAVINDER SINGH

ACKNOWLEDGEMENT

In this project, I have made an honest and dedicated attempt to make the Project Report so easy to understand for a person who is willing to get knowledge about the ‘HOMESHOP18’. I am deeply indebted to my esteemed teacher & our chairman Prof. , K.U.K., because he gave me opportunity of making project report. I am also thankful to my lecturer as well as my supervisor (Guide) Dr. RAJAN SHARMA for their kind support & suggestion for making project report.

Signature RAVINDER SINGH MBA 3rd SEM Roll no. 12

CONTENTS CHAPTER NO. | NAME OF THE CHAPTER | PAGE NO. | 1. | FMCG Sector In India | 5-17 | | 1.1 Introduction 1.2 Top companies in The Sector | | 2. | GODREJ FOOD LTD | 18-36 | | 2.1 Introduction 2.2 Organizational Structure 2.3 Product & Services 2.4 Other information | | 3. | Analysis & Discussion | 37-62 | | 3.1 Operational- Routine Function, Manufacturing/ Production, Material etc. 3.2 Financial- Investments, Capital, Analysis and Interpretation of B/S, Profit & Loss A/c and All Ratios etc. 3.3 Human Resource Development- Policies, Procedures. 3.4 Marketing Mix | | 4. | SWOT Analysis | 63-65 | 5. | Conclusion | 66-67 | 6. | Learning From The Report | 68 | | Reference | 68 |

CHAPTER-1
FMCG SECTOR
1.1 INTRODUCTION
FMCG industry, alternatively called as CPG (Consumer packaged goods) industry primarily deals with the production, distribution and marketing of consumer packaged goods. The Fast Moving Consumer Goods (FMCG) is those consumables which are normally consumed by the consumers at a regular interval. Some of the prime activities of FMCG industry are selling, marketing, financing, purchasing, etc. The industry also engaged in operations, supply chain, production and general management.
The Fast Moving Consumer Goods (FMCG) industry in India is one of the largest sectors in the country and over the years has been growing at a very steady pace. The sector consists of consumer non-durable products which broadly consists, personal care, household care and food & beverages. The Indian FMCG industry is largely classified as organized and unorganized. This sector is also buoyed by intense competition. Besides competition, this industry is also marked by a robust distribution network coupled with increasing influx of MNCs across the entire value chain. This sector continues to remain highly fragmented.

Industry Classification:

The FMCG industry is volume driven and is characterized by low margins. The products are branded and backed by marketing, heavy advertising, slick packagingand strong distribution networks. The FMCG segment can be classified under the premium segment and popular segment. The premium segment caters mostly to thehigher/upper middle class which is not as price sensitive apart from being brandconscious. The price sensitive popular or mass segment consists of consumers belonging mainly to the semi-urban or rural areas who are not particularly brandconscious. Products sold in the popular segment have considerably lower pricesthan their premium counterparts.

What are Fast Moving Consumer Goods (FMCG)?

Products which have a quick turnover, and relatively low cost are known as FastMoving Consumer Goods (FMCG). FMCG products are those that get replacedwithin a year. Examples of FMCG generally include a wide range of frequently purchased consumer products such as toiletries, soap, cosmetics, tooth cleaning products, shaving products and detergents, as well as other non-durables such asglassware, bulbs, batteries, paper products, and plastic goods. FMCG may alsoinclude pharmaceuticals, consumer electronics, packaged food products, softdrinks, tissue paper, and chocolate bars.A subset of FMCGs is Fast Moving Consumer Electronics which includeinnovative electronic products such as mobile phones, MP3 players, digitalcameras, GPS Systems and Laptops. These are replaced more frequently than other electronic products.White goods in FMCG refer to household electronic items such as Refrigerators,T.Vs, Music Systems, etc. In 2005, the Rs.48000-crore FMCG segment was one of the fast growingindustries in India. According to one study, the industry grew 5.3% in value between 2004 and 2005.The Indian FMCG sector is the fourth largest in the economy and has a market sizeof US$13.1 billion. Well-established distribution networks, as well as intensecompetition between the organized and unorganized segments are thecharacteristics of this sector. FMCG in India has a strong and competitive MNC presence across the entire value chain. It has been predicted that the FMCG market will reach to US$ 33.4 billion in 2015from US $ billion 11.6 in 2003. The middle class and the rural segments of theIndian population are the most promising market for FMCG, and give brandmakers the opportunity to convert them to branded products. Most of the productcategories have potential for growth is huge.The Indian Economy is surging ahead by leaps and bounds, keeping pace withrapid urbanization, increased literacy levels, and rising per capita income.The big firms are growing bigger and small-time companies are catching up aswell.

FMCG Industry Economy: FMCG industry provides a wide range of consumables and accordingly the amount of money circulated against FMCG products is also very high. The competition among FMCG manufacturers is also growing and as a result of this, investment in FMCG industry is also increasing, specifically in India, where FMCG industry is regarded as the fourth largest sector with total market size of US$20.1 billion. FMCG Sector in India is estimated to grow 60% by 2011. FMCG industry is regarded as the largest sector in New Zealand which accounts for 5% of Gross Domestic Product (GDP).

Common FMCG products:
Some common FMCG product categories include food and dairy products, glassware, paper products, pharmaceuticals, consumer electronics, packaged food products, plastic goods, printing and stationery, household products, photography, drinks etc. and some of the examples of FMCG products are coffee, tea, dry cells, greeting cards, gifts, detergents, tobacco and cigarettes, watches, soaps etc.

Market potentiality of FMCG industry:
Some of the merits of FMCG industry, which made this industry as a potential one, are low operational cost, strong distribution networks, presence of renowned FMCG companies. Population growth is another factor which is responsible behind the success of this industry.

LIST OF “FMCG” COMPANIES IN INDIA ALPHABATES | COMPANIES | B | Britannia | C | Colgate Palmolive (India) ltd. | D | Dabur India Limited | G | Glaxo Smith Kline Consumer Healthcare LimitedGodfrey Phillips India limitedGodrej Consumer Products Limited | H | Hindustan Unilever Limited | I | ITC Limited | M | Marico Limited | N | Nestle India LimitedNirma Limited | P | Procter & Gamble Hygiene and Health Care Limited | R | RadicoKhaitan Limited | T | Tata Tea Limited | U | United Breweries Limited United Spirits Limited | W | Weikfield Products Company India Private Limited |

History
India has always been a country with a big chunk of world population, be it the 1950’s or the twenty first century. In that sense, the FMCG market potential has always been very big. However, from the 1950’s to the 80’s investments in the FMCG industry were very limited due to low purchasing power and the government’s favoring of the small-scale sector. Hindustan Lever Limited (HLL) was probably the only MNC Company that stuck around and had its manufacturing base in India.
At the time, the focus of the organized players like HLL was largely urbane. There too, the consumers had limited choices. However, Nirma’s entry changed the whole Indian FMCG scene. The company focused on the ‘value for money’ plank and made FMCG products like detergents very affordable even to the lower strata of the society. Nirma became a great success story and laid the roadmap for others to follow.

Private consumption expenditure trends CAGR
(%) | Food, beverages, tobacco | Personal care | FY81 | 11.0% | 13.4% | FY91 | 11.7% | 11.9% | FY01 | 11.9% | 14.8% |
*CAGR over a decade
MNC’s like HLL, which were sitting pretty till then, woke up to new market realities and noticed the latent rural potential of India. The government’s relaxation of norms also encouraged these companies to go out for economies of scale in order to make FMCG products more affordable. Consequently, today soaps and detergents have almost 90% penetration in India.
Post liberalization not only saw higher number of domestic choices, but also imported products. The lowering of the trade barriers encouraged MNC’s to come and invest in India to cater to 1bn Indians’ needs. Rising standards of living urban areas coupled with the purchasing power of rural India saw companies introduce everything from a low-end detergent to a high-end sanitary napkin. Their strategy has become two-pronged in the last decade. One, invest in expanding the distribution reach far and wide across India to enable market expansion of FMCG products. Secondly, upgrade existing consumers to value added premium products and increase usage of existing product ranges.
So you could see all companies be it HLL, Godrej Consumer, Marico, Henkel, Reckitt Benckiser and Colgate, trying to outdo each other in getting to the rural consumer first. Each of them has seen a significant expansion in the retail reach in mid-sized towns and villages. Some who could not do it on their own, have piggy backed on other FMCG major’s distribution network (P&G-Marico). Consequently, companies that have taken to rural India like chalk to cheese have seen their sales and profits expanding. For example, currently 50% of all HLL sales come from rural India, and consequently, it is one the biggest beneficiaries of this (see table).
CAGR growth in last 10 years… | Sales | Net profit | Cadbury | 16.6% | 53.0% | Colgate | 9.9% | 4.2% | HLL | 19.1% | 33.5% | Marico | 12.3% | 25.7% | Nestle | 16.4% | 25.3% | P&G Hygiene | 9.0% | 19.9% | Reckitt & Benckiser | 13.3% | 2.7% |
There are others, like Nestle, which have till date catered mostly to urban India but have still seen good growth in the last decade. The company’s focus in the last decade has largely been on value added products for the upper strata of society. However, in the last couple of years, even these companies have looked to reach consumers at the slightly lower end.
One of the biggest changes to hit the FMCG industry was the ‘sachet’ bug. In the last 3 years, detergent companies, shampoo companies, hair oil companies, biscuit companies, chocolate companies and a host of others, have introduced products in smaller package sizes, at lower price points. This is the single big innovation to reach new users and expand market share for value added products in urban India, and for general FMCG products like detergents, soaps and oral care in rural India.
Another interesting phenomenon to have hit the FMCG industry is the mushrooming of regional companies, which are posing a threat to bigger FMCG companies like HLL. For example, the rise of Jyothi Laboratories, which has given sleepless nights to Reckitt Benckiser, the ‘Ghari’ detergent, that has slowly but surely built itself to take on Nirma and HLL in detergents, and finally, the rise of ‘Anchor’ in oral care, which has become synonymous with ‘cat’, which walks away with spoils when two monkeys fight (HLL and Colgate). There are numerous other examples of this.
What does all this mean for the future of FMCG industry in India? Undoubtedly, all this is good for the consumers, who can now choose a variety of products, from a number of companies, at different price points. But for the players who cater to the Indian consumer, the future brings a lot more competition. In this environment, only the innovators will survive. Focus will be the key to profitability (ala HLL). From an investor’s point of view, Indian FMCG companies do offer long-term growth opportunities given the low penetration and usage in most product categories. To choose the best investment opportunities look at the shapers (i.e. innovators) that have been constantly proactive to market needs and have built strong, efficient and intelligent distribution channels. Management vision to growth is the key, as consumers going forward are likely to become even more sophisticated in their demand.
FMCG are products that have a quick shelf turnover, at relatively low cost and don't require alot of thought, time and financial investment to purchase.
Everything from toothpaste to processed foods and health drinks to body care products comes from FMCG or alternatively called as consumer packed goods. Three of the largest and best known examples of Fast Moving Consumer Goods companies are Nestle, Unilever and Procter & Gamble.
The Indian FMCG sector is an important contributor to the country's GDP. It is the fourth largest sector in the economy and is responsible for 5% of the total factory employment in India and captures a market capitalization of around 60,000 crore rupees.
This has been dueto liberalization, urbanization and increase in the disposable incomes and altered lifestyle of the people. The lower-middle income group accounts for over 60% of the sector's sales and rural markets account for 56% of the total domestic FMCG demand.
FMCG sector is expected to grow by over 60% by 2011 and by 2015, the sector is predicted to scale up toUS$33.4 billion. In India, companies like ITC, HLL, Colgate, Cadbury and Nestle have been a dominant force in the FMCG sector well supported by relatively less competition and high entry barriers as import duty was high. SO these companies were able to charge a premium for their products. In this context, the margins were also on the higher side. With the gradual opening up of thee economy over the last decade, FMCG companies have been forced to fight for a market share. In the process, margins have been compromised, more so in the last six years and therefore, FMCG sector witnessed decline in demand. The companies which play an important role in the history of FMCG sector are Godrej and Reckitt – Good knight from Godrej, is worth above Rs217 crore, followed by Reckitt's Mortein at Rs149 crore. In the shampoo category, HLL's Clinic and Sunsilk made it to thetop 100, whereas P&G's, Head and Shoulders and Pantene are not far behind. Clinic is nearly double the size of Sunsilk. Dabur is among the top five FMCG companies in India and is a herbal specialist. Asian Paints is enjoying a formidable presence in the Indian sub-continent, Southeast Asia, Far East, Middle East, South Pacific, Caribbean, Africa and Europe.

Sector
Indian Food sector
India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The total food production in India is likely to double in the next ten years and there is an opportunity for large investments in food and food processing technologies, skills and equipment, especially in areas of Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food/Refrigeration and Thermo Processing. Fruits & Vegetables, Fisheries, Milk & Milk Products, Meat & Poultry, Packaged/Convenience Foods, Alcoholic Beverages & Soft Drinks and Grains are important sub-sectors of the food processing industry. Health food and health food supplements is another rapidly rising segment of this industry which is gaining vast popularity amongst the health conscious.
India is one of the worlds major food producers but accounts for less than 1.5 per cent of international food trade. This indicates vast scope for both investors and exporters. Food exports in 1998 stood at US $5.8 billion whereas the world total was US $438 billion. The Indian food industries sales turnover is Rs 140,000 crore (1 crore = 10 million) annually as at the start of year 2000. The industry has the highest number of plants approved by the US Food and Drug Administration (FDA) outside the USA.

India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc. We cover an exhaustive database of an array of suppliers, manufacturers, exporters and importers widely dealing in sectors like the -Food Industry, Dairy processing, Indian beverage industry etc. We also cover sectors like dairy plants, canning, bottling plants, packaging industries, process machinery etc.

The most promising sub-sectors includes -Soft-drink bottling, Confectionery manufacture, Fishing, aquaculture, Grain-milling and grain-based products, Meat and poultry processing, Alcoholic beverages, Milk processing, Tomato paste, Fast-food, Ready-to-eat breakfast cereals, Food additives, flavors etc.

FMCG Industries Economy:
FMCG industry provides a wide range of consumables and accordingly the amount of money circulated against FMCG products is also very high. The competition among FMCG manufacturers is also growing and as a result of this, investment in FMCG industry is also increasing, specifically in India, where FMCG industry is regarded as the fourth largest sector with total market size of US$13.1 billion. FMCG Sector in India is estimated to grow 60% by 2010. FMCG industry is regarded as the largest sector in New Zealand which accounts for 5% of Gross Domestic Product (GDP).
Common FMCG products:
Some common FMCG product categories include food and dairy products, glassware, paper products, pharmaceuticals, consumer electronics, packaged food products, plastic goods, printing and stationery, household products, photography, drinks etc. and some of the examples of FMCG products are coffee, tea, dry cells, greeting cards, gifts, detergents, tobacco and cigarettes, watches, soaps etc.
Market potentiality of FMCG industry:
Some of the merits of FMCG industry, which made this industry as a potential one are low operational cost, strong distribution networks, presence of renowned FMCG companies. Population growth is another factor which is responsible behind the success of this industry.
Leading FMCG companies & Industries Potential:
Some of the well-known FMCG companies are Sara Lee, Nestlé, Reckitt Benckiser, Unilever, Procter & Gamble, Coca-Cola, Carlsberg, Kleenex, General Mills, Pepsi and Mars etcThe Indian FMCG sector is the fourth largest in the economy and has a market size of US$13.1 billion. Well-established distribution networks, as well as intense competition between the organized and unorganized segments are the characteristics of this sector. FMCG in India has a strong and competitive MNC presence across the entire value chain. It has been predicted that the FMCG market will reach to US$ 33.4 billion in 2015 from US $ billion 11.6 in 2003.16 The middle class and the rural segments of the Indian population are the most promising market for FMCG, and give brand makers the opportunity to convert them to branded products.
The FMCG Industry & Trends:
Indian Competitiveness and Comparison with the World Market:
The following factors make india a competitive player in FMCG sector: 1. Availability of raw materials:
Because of the diverse agro-climate condition in india there is a large raw material base suitable for food processing industries. Indias is the largest producer of livestock, milk, sugarcane, coconut, spices and cashew and is the second largest producer of rice, wheat and fruit & vegetable. India also produces caustic soda and soda ash, which are required for the production of soaps and detergents. The availability of these raw material gives india the location advantage.

2. Labour cost and comparison:
Low cost labour gives india a competitive advantage. India’s labour cost is amongst the lowest in the world, after china & Indonesia. Low labour costs gives the advantage of low cost of production. Many MNC’s have established their plants in inda to outsources for domestics and export markets.

3. Presence across value chain:
Indian company have their presence across the value of chain of FMCG sector, right from the supply of raw materials to packaged goods in the food-processing sector. This brings india a more cost competitive advantage. For example, Amul supplies milks as well as dairy products like chees and butter, etc.

Top Indian companies in this sector

1. Hindustan Unilever Ltd. (GODREJ FOOD LTD)
Godrej Food Ltdis India's largest Fast Moving Consumer Goods Company with a heritage of over 80 years in India and touches the lives of two out of three Indians.GODREJ FOOD LTD works to create a better future every day and helps people feel good, look good and get more out of life with brands and services that are good for them and good for others.With over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, the Company is a part of the everyday life of millions of consumers across India. Its portfolio includes leading household brands such as Lux, Lifebuoy, Surf Excel, Rin, Wheel, Fair & Lovely, Pond’s, Vaseline, Lakmé, Dove, Clinic Plus, Sunsilk, Pepsodent, Closeup, Axe, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall’s and Pureit.The Company has over 16,000 employees and has an annual turnover of INR 30,170 crores (financial year 2014 – 15). GODREJ FOOD LTD is a subsidiary of Unilever, one of the world’s leading suppliers of fast moving consumer goods with strong local roots in more than 100 countries across the globe with annual sales of €48.4 billion in 2014. Unilever has 67.25% shareholding in GODREJ FOOD LTD.

2. ITC (Indian Tobacco Company)
ITC is one of India's foremost multi-business enterprise with a market capitalisation of US $ 40 billion and a turnover of US $ 8 billion. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine and as 'India's Most Admired Company' in a survey conducted by Fortune India magazine and Hay Group. ITC also features as one of world's largest sustainable value creator in the consumer goods industry in a study by the Boston Consulting Group. ITC has been listed among India's Most Valuable Companies by Business Today magazine. The Company is among India's '10 Most Valuable (Company) Brands', according to a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asia's 50 best performing companies compiled by Business Week.

3. Nestle India
NESTLÉ is the world's leading Nutrition, Health and Wellness company. Our mission of "Good Food, Good Life" is to provide consumers with the best tasting, most nutritious choices in a wide range of food and beverage categories and eating occasions, from morning to night.The Company was founded in 1866 by Henri Nestlé in Vevey, Switzerland, where our headquarters are still located today. We employ around 2,80,000 people and have factories or operations in almost every country in the world. NESTLÉ sales for 2009 were CHF 108 bn.

4. Britannia Industries
123 years ago, in a small house in central Calcutta (now Kolkata) an intrepid baker made a batch of delicious, golden brown biscuits. These were meant for officers of the British Raj and their families, people used to the exacting standards of English tea-time snacking. From the paeans of ecstasy for that first batch of aromatic, flavour-some biscuits was born a long tradition of delectable baking - and its Indian custodian, Britannia.
Over the last century and a quarter, Britannia has been serving the Indian consumer with a range of fresh, nutritious and flavour-rich products. We take pride in our food making traditions and in our innovations, in equal measure. We demand the best of ingredients and package their natural goodness in our products, without compromise. We deliver a complete sensory experience, in every product, every time.

5. Dabur
Dabur India Ltd is one of India’s leading FMCG Companies with Revenues of over Rs 7,806.4Crore & Market Capitalisation of US $5 Billion. Building on a legacy of quality and experience of over 131 years, Dabur is today India’s most trusted name and

6. Marico Industries
Marico Limited is one of India's leading consumer products companies operating in the beauty and wellness space. Empowered with freedom and opportunity, we work to make a difference to the lives of all our stakeholders - members, associates, consumers, investors and the society at large. Currently present in 25 countries across emerging markets of Asia and Africa, Marico has nurtured multiple brands in the categories of hair care, skin care, health foods, male grooming, and fabric care. Marico's India business markets household brands such as Parachute Advansed, Saffola, Hair & Care, Nihar, Mediker, Revive, Manjal, Setwet, Zatak and Livon among others that add value to the life of 1 in every 3 Indians. The International business offers unique brands such as Parachute, Hair Code, Fiancee, Caivil, Hercules, BlackChic, Code 10, Ingwe, X-Men, L'Ovite and ThuanPhat that are localized to fulfil the lifestyle needs of our international consumers. Charting an annual turnover of Rs. 47 billion (Financial Year 2013 - 2014) across our portfolio, Marico's sustainable growth story rests on an empowering work culture that encourages our members to take complete ownership and make a difference to the entire business ecosystem.

7. Godrej Consumer Products Ltd.
Godrej Consumer Products Limited (GCPL) is an Indian consumer goods company based in Mumbai, India. GCPL's products include soap, hair colourants, toiletries and liquid detergents. Its brands include 'Cinthol', 'Godrej Fair Glow', 'Godrej No.1' and 'Godrej Shikakai' in soaps, 'Godrej Powder Hair Dye', 'Renew', 'ColourSoft' in hair colourants and 'Ezee' liquid detergent. GCPL currently operates several manufacturing facilities in India spread over seven locations and grouped into 4 Operating Clusters at Malanpur (Madhya Pradesh), Guwahati (Assam), Baddi- Thana (Himachal Pradesh), Baddi- Katha (Himachal Pradesh), Pondicherry, Chennai and Sikkim.

8. Tata tea Limited
Tata Coffee is coffee company owned by the Tata Group. The company owns 19 coffee estates in southern India. The estates are spread across the districts of Coorg, Chickmaglur, and Hassan in Karnataka and Valparai district in Tamil Nadu. Tata Coffee is the largest integrated coffee plantation company in the world.

CHAPTER-2
GODREJ FOOD LTD A. Introduction Company Profile
Established in 1897, the Godrej Group has its roots in India's Swadeshi movement. Our founder, Ardeshir Godrej, lawyer-turned-serial entrepreneur failed with a few businesses, before he struck gold with the locks business that you know today. One of India’s most trusted brands, with revenues of USD 4.1 billion, Godrej enjoys the patronage of over 600 million Indians across our consumer goods, real estate, appliances, agri and many other businesses. You think of Godrej as such an integral part of India that you may be surprised to know that over 25 per cent of our business is done overseas.
We promise Godrejites a culture of tough love; take serious bets on them and differentiate basis performance. We also understand that our team members play multi-faceted roles and so, we strongly encourage them to explore their whole selves. Our canvas is growing. In fact, our Vision for 2020 is to be 10 times the size we were in 2010. We truly believe that while our amazing past distinguishes us, we are only as good as what we do next.
Godrej Industries is India's leading manufacturer of oleo chemicals and makes more than a hundred chemicals for use in over two dozen industries. It also manufactures edible oils, vanaspati and bakery fats. Besides, it operates real estate. GIL is a member of the Godrej Group, which was established in 1897 and has since grown into a US$1.875 billion conglomerate. The company was called Godrej Soaps until March 31, 2001. Thereafter, the consumer products division got de-merged into Godrej Consumer Products, and the residual Godrej Soaps became Godrej Industries. This led to the formation of two separate corporate entities: Godrej Consumer Products and Godrej Industries.
Besides its three businesses, Godrej Industries also runs four divisions — Corporate Finance, Corporate HR, Corporate Audit and Assurance and Research and Development — which operate on behalf of the entire Godrej Group.
GIL has built a strong manufacturing base capable of delivering international quality products at competitive prices. It operates two plants, one at Valia in the Indian state of Gujarat and a second at Vikhroli in suburban Mumbai. The company's products are exported to 40 countries in North and South America, Asia, Europe, Australia and Africa, and it leads the Indian market in the production of fatty acids, fatty alcohols and AOS.
Godrej industry provide us so my types of facilities like Godrej chemical, Godrej Consumer Goods, Godrej’s nature Basket etc. Following Fig. show us which services is provided by Godrej Industries.

Godrej agrovent is under Godrej industries and provide services to the agriculture department.
Godrej Agrovet Limited (GAVL) is a diversified agribusiness company dedicated to improving the productivity of Indian farmers by innovating products and services that sustainably increase crop and livestock yields. With FY2014-15 consolidated sales of Rs. 3,795 Crore, GAVL has interests in animal feed, oil palm plantations, agri-inputs and poultry.
The Animal Feed business is India’s largest, producing over 1 million tons annually of high-quality feed and cutting-edge nutrition products for dairy cattle, poultry & aquaculture. GAVL has also entered Bangladesh through a JV with the ACI Group, where it is rapidly becoming a key player in animal feed and poultry breeding.
The Oil Palm Plantation business has over 51000 hectares of smallholder cultivation across AP, Goa, Gujarat, Orissa, TN, Karnataka and Maharashtra. With potential cultivation of 200,000+ hectares, Godrej Agrovet is positioned to significantly reduce India’s crippling dependence on imported edible oil.
The Agri-Inputs business is a niche player in innovative agrochemicals, with strong market share in plant growth promoters, soil conditioners, and cotton herbicides.

The Poultry business, best known for the two brands Real Good Chicken and Yummiez, is now a JV with Tyson Foods.

GODREJ AGROVET AND TYSON FOODS CREATE JOINT VENTURE FOR POULTRY PROCESSING & MARKETING IN INDIA | | | * JV to combine Tyson’s processing and product development expertise with Godrej’s strengths in consumer / foodservice marketing and strong supply chain management in India * JV to launch new international chicken products for convenience seeking Indian consumers and develop innovative poultry solutions for India’s foodservice industry and modern retailersGodrej Agrovet Limited, one of India’s leading agribusinesses, and Tyson Foods Incorporated, the world’s largest meat processor and marketer, today announced the creation of a joint venture for poultry processing and marketing in India. Tyson Foods will own a 51% stake in the venture with the rest owned by Godrej Agrovet. The joint venture will be named Godrej Tyson Foods and focus on serving the growing demand for quality poultry in India with processed and value added chicken products."This agreement will delight consumers, retailers, and foodservice customers by combining Godrej’s hygienic supply chain and our strong value-added chicken brands such as Real Good and Yummiez with Tyson Food’s expertise in processing and product development" said Balram.Yadav, CEO, GodrejAgrovet."Today’s convenience-seeking consumer is looking for great-tasting, safe, and healthy poultry products that don’t compromise quality. The joint venture will deliver new processed and value added products to satisfy these needs" Yadav said.Said Rick Greubel, President International, Tyson Foods Ltd. commenting on the agreement, "The 3 billion dollar (12,000 Crore) Indian poultry market represents a tremendous opportunity with processed and value-added chicken currently comprising only 6% of the market. Tyson&rsquos expertise and experience as the world’s largest meat processor and marketer, and Godrej’s established supply-chain expertise and brands such as Real Good and Yummiez are ideally placed to maximize the value this market represents."The joint venture will also offer India’s expanding foodservice industry and universe of modern retailers, innovative poultry solutions and world-class products customized to local tastes.Since 2000, the Indian poultry market has grown faster (10% CAGR) than other developing and developed markets but per capita consumption at 1.8 kg/capita/year is comparatively lower and presents a tremendous opportunity for future growth.* |

GODREJ TYSON FOOD:
Tyson Foods, Inc. (NYSE: TSN), with headquarters in Springdale, Arkansas, is one of the world’s largest processors and marketers of chicken, beef and pork, the second-largest food production company in the Fortune 500 and a member of the S&P 500. The Company was founded in 1935 by John W. Tyson, whose family has continued to be involved, with son Don Tyson leading the company for many years and grandson John H. Tyson serving as the current Chairman of the Board of Directors. Tyson Foods produces a wide variety of protein-based and prepared food products and is the recognized market leader in the retail and foodservice markets it serves. The company provides products and services to customers throughout the United States and approximately 130 countries. It has approximately 115,000 Team Members employed at more than 400 facilities and offices in the United States and around the world. Through its Core Values, Code of Conduct and Team Member Bill of Rights, Tyson Foods strives to operate with integrity and trust and is committed to creating value for its shareholders, customers and Team Members. The company also strives to be faith-friendly, provide a safe work environment and serve as stewards of the animals, land and environment entrusted to it.

Godrej Tyson Foods is a joint venture between Godrej Agrovet Ltd., a part of the Godrej Group and Tyson Foods Inc. The company is India’s premier poultry and vegetarian products manufacturer and marketer with strong value-added brands such as Real Good Chicken and Yummiez. The venture combines Godrej’s hygienic supply chain and strong value-added brands with Tyson Foods’ expertise in processing and product development to create great-tasting, safe, and healthy products. The company also offers India’s expanding foodservice industry and universe of modern retailers, innovative poultry solutions and world-class products customized to local tastes.

GODREJ TYSON FOOD OPERATION IN INDIA
Opening New Frontiers for Fresh, Chilled Chicken in India
Our Indian joint venture, Godrej Tyson Foods, Ltd., is India’s premier poultry and vegetarian products manufacturer and marketer. We are the first company to market fresh chilled chicken in India. We are the perfect blend of Godrej Agrovet’s Indian supply chain expertise and strong brand recognition with Tyson Foods’ expertise in processing and product development to create great-tasting, safe, and healthy products. We have two processing locations in India: Mumbai and Bangalore.

Our strong partnership means that we can confidently offer our Godrej Tyson customers: * One of the most trusted brands in India * High standards for food safety * Assured supply and predictable pricing * Global best practices and continuous innovation * High service standards and cultural alignment * A wide range of products (vegetarian and chicken)

One Powerful Portfolio
We focus on serving the growing demand for quality poultry in India with processed chicken, value added chicken products and to complement these, a very strong vegetarian range.

Strong Supply Chain
We have the best sales and distribution network in the industry. This is our core strength and we are happy to leverage it to serve our customers better.

Innovation
We are the first company to market fresh chilled chicken in India. Food innovations are based on consumer insights combined with food manufacturing expertise to develop great tasting chicken and vegetarian products.

Expertise in Processing
We have state-of-the-art, HACCP certified, processing plants in Bangalore & Mumbai. All processes are supervised by trained food technologists.

Brand "Godrej Tyson"
100% safe and guaranteed wholesome products is what you should expect from Godrej Tyson foods. We follow the industry best food safety standards, tracking, research & technology.

Godrej in JV with Tyson Foods for poultry processing

MUMBAI: Tyson Foods Inc, the world's largest processor and marketer of meat products and the second largest food company in the US, is joining hands with Godrej Group for a poultry processing and marketing joint venture in India.
The US giant will hold a 51% stake in the joint venture while the rest will be owned by Godrej Agrovet, whose poultry business—including brands like Real Good Chicken and Yummiez—will be spun off into the new entity, industry insiders said.

The deal is likely to be finalised next month, sources said, adding that the venture will launch new processed and value-added poultry products. However, when contacted, a Godrej Group spokesperson declined to comment.
The $26-billion Tyson Foods is one of largest US marketers of value-added meat products to retail grocers, distributors and national fastfood and full-service restaurant chains. The listed company supplies all Yum! Brands chains that use chicken (including KFC and Taco Bell) as well as McDonald's, Burger King, Wendy's, Wal-Mart, Kroger, Costco, IGA, Beef O'Brady's, small restaurant businesses and prisons.

The Rs 1,200-crore Godrej Agrovet is one of the largest producers and marketers of animal feeds and agri-inputs in India. The partnership will help it gain access to the global food processing and product development technology of Tyson Foods. For the Godrej Group, the move will help accelerate growth rates and also help tap the burgeoning market in modern retail and processed food industries.
The US major, in turn, will obtain an easy entry into the fastest growing emerging markets for chicken products. Tyson Foods is also looking at tapping the supply-chain and distribution strength of Godrej in the country.
The two groups already have a working relationship. Godrej Agrovet is the sole franchisee of Cobb-Avian, a subsidiary of Tyson Foods. Also, the chicken used in making Real Good Chicken comes from grandparent generation roosters imported from Cobb-Avian.
Godrej Agrovet had recently sold off a 70% stake in its rural retailing business, Godrej Aadhaar, to Future Group, the largest retail company in India. Based in Springdale, Arkansas, Tyson Foods annually exports the largest percentage of beef out of the US.
It is the second largest food production company in the Fortune 500 list. In 2001, Tyson Foods acquired IBP, the largest beef packer and number two pork processor in the US for $3.2 billion in cash and stock. In 2007, the company came in for a lot of criticism by PETA.

Yesterday Tyson purchased 51 per cent ownership of Godrej Foods, Ltd., based in Mumbai. Godrej Foods is a subsidiary of Godrej Agrovet, Ltd., one of India’s leading agribusinesses. The joint venture between Godrej Agrovet and Tyson will be called Godrej Tyson Foods. Annual sales for the venture are initially expected to be in the range of $50 million and are anticipated to grow as operations are expanded.

The venture includes one chicken processing facility in Mumbai, in western India, and another in Bangalore, in the southern part of the country. The two plants have a combined production capacity of 60,000 birds per day and have approximately 1,000 contract production workers. The Godrej processing operations are supplied by six contracted hatcheries and a network of contracted broiler operations, which produce live birds to the company's specifications.
The well-trained, professional sales organization of Godrej currently sells retail fresh chicken under the “Real Good Chicken” brand name and processed chicken, such as breaded nuggets and patties, along with a line of frozen vegetables, under the “Yummiez” brand. The company, which is also a major supplier to the foodservice market, has an extensive logistics and distribution network designed to effectively serve its customer base in western, southern and northern India.
“Poultry production and consumption is growing in India and we believe the timing is right for us to bring our expertise and resources to this emerging market,” said Rick Greubel, group vice president and international president for Tyson Foods. “India has population of more than 1.1 billion people, and while per capita chicken consumption there is currently less than five pounds a year, its annual growth rate of more than 10% is among the highest in the world.”
Greubel also noted, “With the help of our partners, we plan to expand the production capacity of the existing operations and build additional processing facilities to better reach consumers in the northern and eastern regions of the country.”
Tyson and Godrej plan to immediately initiate efforts to expand the capacity of the poultry plants already in operation. Efforts to build new processing plants in other parts of the country will likely begin within the next several years.
“We’re excited about partnering with Tyson, because of its international reputation for quality and innovation,” said BalramYadav, chief executive officer of Godrej Agrovet Ltd. “We believe this joint venture will boost our continued efforts to modernize the way high quality poultry products are developed, produced and distributed in our country.”

2.2. ORGANIZATIONAL STRUCTURE
An organizational structure defines how activities such as task allocation, coordination and supervision are directed towards the achievement of organizational aims.[1] It can also be considered as the viewing glass or perspective through which individuals see their organization and its environment.[2]
Organizations are a variant of clustered entities.
An organization can be structured in many different ways, depending on their objectives. The structure of an organization will determine the modes in which it operates and performs.
Organizational structure allows the expressed allocation of responsibilities for different functions and processes to different entities such as the branch, department, workgroupand individual.
Organizational structure affects organizational action in two big ways : * First, it provides the foundation on which standard operating procedures and routines rest. * Second, it determines which individuals get to participate in which decision-making processes, and thus to what extent their views shape the organization’s actions.

DIRECTORS & KEY PERSONS | DIN/DPIN/PAN | Director Name | Appointment Date | Designation | 00294803 | BALRAM SINGH YADAV | 11/01/2008 | Managing Director | AAFPD3636C | ARABIND DAS | 12/09/2014 | CEO | 07046650 | ARABIND DAS | 20/03/2015 | Whole-time Director | 00516837 | ELS REYNAERS | 20/03/2015 | Director | 01543847 | SANJAY VASUDEV GOGATE | 20/03/2015 | Director | 00066195 | NADIR BURJOR GODREJ | 24/06/2008 | Director | 03157764 | RICK ALLEN THOMASON | 01/04/2015 | Additional Director | 06514235 | NATHAN ARLO HODNE | 01/07/2015 | Alternate Director | 02938431 | MALIK SADIQ | 20/03/2015 | Nominee Director | ANXPS4189C | GOVIND PANDURANG SHELAR | 12/09/2014 | CFO | ADKPP9644A | UPENDRA KUMAR R PATHAK | 13/01/2012 | Secretary | | | | |

Managing Director Of Godrej Tyson Food Ltd.
Balram Singh Yadav

BalramYadav is Managing Director of Godrej Agrovet, one of India’s foremost diversified agribusiness companies. He also serves as Managing Director of Godrej Tyson Foods and Chairman of the Compound Livestock Feed Manufacturers Association of India. In addition, he is a Director of numerous firms including ACI Godrej (Bangladesh), Creamline Dairy Products, Polychem Hygiene Laboratories, and Aadhar Retailing.

2.3. PRODUCT AND SERVICES
Godrej products are classified into two parts:

1. Real Good Chicken:
Real Good Chicken brand is market leader for fresh poultry in India with 20% market share in processed poultry.

A. CURRY CUT PACK

B. Main Pack

C. Portion Pack

D. Breast Boneless

E. Breast Pieces

F. Drumsticks

G. Kheema

H. Legs

I. Liver

J. Lolipops

K. Mix Boneless

L. Soup Pieces

M. Whole Chicken

N. Whole Cut Pieces

2. Yummiez
Yummiez brand introduced for quick serve poultry products.
Yummiez sales volumes increased by 35.7% since FY2010-11

A. Chicken Spicy Cutlet

B. ChickenChilli Bite

C. Chicken Sausages

D. Chicken Salami

E. Chicken Nuggets

F. Chicken Garlic Finger

G. Cheese Corn Nuggets

H. Crispy Onion Rings

I. Veg Cheese Fingers

J. Crispy French Fries

K. Frozen Green Peas

L. Veg. Roasty Cutlets

M. Veg. Pizza Pocket

N. Mumbai VadaPav

2.4. OTHER IMPORTANT INFORMATION

Godrej Agrovet Limited (GAVL) is a diversified agribusiness company dedicated to improving the productivity of Indian farmers by innovating products and services that sustainably increase crop and livestock yields. With FY2010-11 sales of Rs 1909 crore, GAVL has interests in animal feed, oil palm plantations, agri-inputs and poultry.
The Animal Feed business is India’s largest, producing over 730,000 tons annually of high-quality feed and cutting-edge nutrition products for dairy cattle, poultry & aquaculture. GAVL has also entered Bangladesh through a JV with the ACI Group, where it is rapidly becoming a key player in animal feed and poultry breeding.
The Oil Palm Plantation business has over 38,600 hectares of smallholder cultivation across AP, Goa, Gujarat, Orissa, TN, Karnataka and Maharashtra. With potential cultivation of 200,000+ hectares, Godrej Agrovet is positioned to significantly reduce India’s crippling dependence on imported edible oil.
The Agri-Inputs business is a niche player in innovative agrochemicals, with strong market share in plant growth promoters, soil conditioners, and cotton herbicides.
The Poultry business, best known for the Real Good Chicken and Yummiez brands, is now a JV with Tyson Foods and has 45% market share in processed poultry.
Godrej Agrovet has 45 manufacturing facilities across India, a network of ~10,000 rural distributors/dealers, and over 1900 employees.

CHAPTER-3

ANALYSIS & DISCUSSION

BALANCESHEET OF GODREJ AGROVET ANNUAL REPORT-2013-2014

PROFIT AND LOSS STATEMENT OF GODREJ AGROVET LTD ANNUAL REPOR 2013-14

CASH FLOW STATEMENT OF GODREJ AGROVET LTD ANNUAL REPORT 2013-14

Ratios For Godrej Agrovet Ltd.

PER SHARE RATIOS | | Adjusted E P S (Rs.) | 17.18 | Adjusted Cash EPS (Rs.) | 22.41 | Reported EPS (Rs.) | 17.91 | Reported Cash EPS (Rs.) | 23.14 | Dividend Per Share | 2.00 | Operating Profit Per Share (Rs.) | 33.16 | Book Value (Excl Rev Res) Per Share (Rs.) | 237.01 | Book Value (Incl Rev Res) Per Share (Rs.) | 237.01 | Net Operating Income Per Share (Rs.) | 1,161.64 | Free Reserves Per Share (Rs.) | 0.00 | PROFITABILITY RATIOS | | Operating Margin (%) | 2.85 | Gross Profit Margin (%) | 2.40 | Net Profit Margin (%) | 1.53 | Adjusted Cash Margin (%) | 1.92 | Adjusted Return On Net Worth (%) | 7.24 | Reported Return On Net Worth (%) | 7.55 | Return On long Term Funds (%) | 10.16 | LEVERAGE RATIOS | | Long Term Debt / Equity | 0.34 | Total Debt/Equity | 0.34 | Owners fund as % of total Source | 74.54 | Fixed Assets Turnover Ratio | 11.73 | LIQUIDITY RATIOS | | Current Ratio | 1.39 | Current Ratio (Inc. ST Loans) | 1.39 | Quick Ratio | 0.90 | Inventory Turnover Ratio | 10.55 | PAYOUT RATIOS | | Dividend payout Ratio (Net Profit) | 13.06 | Dividend payout Ratio (Cash Profit) | 10.11 | Earning Retention Ratio | 86.39 | Cash Earnings Retention Ratio | 89.57 | COVERAGE RATIOS | | Adjusted Cash Flow Time Total Debt | 3.61 | Financial Charges Coverage Ratio | 3.01 | Fin. Charges Cov.Ratio (Post Tax) | 2.86 | COMPONENT RATIOS | | Material Cost Component(% earnings) | 81.41 | Selling Cost Component | 0.00 | Exports as percent of Total Sales | 0.05 | Import Comp. in Raw Mat. Consumed | 2.79 | Long term assets / Total Assets | 0.41 | Bonus Component In Equity Capital (%) | 43.30 |

Strong growth momentum likely to continue across product categories:

GAVL primarily deals in animal feeds, integrated poultry (live birds division) and agri-inputs, and also has interest in other businesses like oil palm plantation, processes meat and rural retail (Aadhaar) through its various subsidiaries and JVs. During FY09, GAVL transferred its urban retailing business (Natures Basket) to a separate company (Natures Basket Ltd.) and sold its entire (100%) stake in NBL to Godrej Industries Limited in FY10. In FY09, the company also transferred its integrated poultry business, other than live birds division, to Godrej Tyson Foods Limited – GTFL (formerly Godrej Foods Ltd.), a joint venture (JV) between GAVL and Tyson Foods, USA. Subsequently, GAVL divested a 51% stake to Tyson Foods and currently holds the balance 49% in the JV. In FY10, the operating performance of GAVL witnessed a steady improvement supported by robust performance across its key business segments i.e. animal feeds and agri inputs business (together contribute 85- 90% of the total standalone sales). Going forward, we expect GAVL’s revenues to grow at CAGR of 12.7% over FY10-13E on the back of steady improvement in the performance of its key segment.

REVENUE GROWTH

HUMAN RESOURCE DEVELOP-MENT
Godrej Food Ltd is committed to providing the very best not only to our customers but also to the environment. Read up on some Unilever policies that aim to do just that. Safety & Health Policy Godrej Food Ltd supplies high quality goods and services to meet the daily needs of consumers and customers. In doing so, the Company is committed to exhibit the highest standards of corporate behavior towards its consumers, employees, the societies and the environment in which we operate. Our Commitment Towards this, the Company recognises its responsibility to ensure safety and protection of health of its employees, contractors and visitors in all its operating sites, which include manufacturing, sales and distribution, research laboratories and offices during work and work related travel.

This Policy document defines the vision, principles, aim, required actions and scope of the policy application as well as the responsibility for execution. Our Vision Our vision is to be an injury free organisation. Our Mission We will bring safety on top of mind for all employees and will integrate it with all business processes. We will realise our Vision through an Integrated Safety Management approach, which focuses on People, Processes, Systems, Technology and Facilities, supported by demonstrated leadership and employee commitment at all levels as the prime drivers for ensuring a safe and healthy work environment. Safety Principles GODREJ FOOD LTD's Occupational Safety and Health Policy is based on and supported by the following eight Principles. These Principles have the same status as the Company's Code of Business Principles: * All injuries and occupational illnesses are preventable * All operational exposures can be safeguarded * Safety evaluation of all business processes is vital * Working safely is a condition of employment * Training all employees to work safely is essential * Management audits are a must * Employee involvement is essential Godrej Food Ltd recognizes people as its most important asset and is committed to a safe and healthy work environment impacting those working on, visiting or living near our operations. Management at all levels will be responsible and will be held accountable for the occupational safety and health performance of the Company. At the same time it is the duty of every employee to work in a safe manner so as not to endanger himself / herself or his/her colleagues at work and during travel. This is a condition of employment. GODREJ FOOD LTD is committed to make, handle, use, transport, sell or dispose off products, in a safe and environmentally sound manner. GODREJ FOOD LTD aims to prevent occupational injuries and ill health through the following actions: * Integrate safety into all business processes. Proactively evaluate risk of occupational injury / illness and implement actions to mitigate the risk. * Design, adapt, operate and maintain technology, plants and other facilities within the designated safety criteria throughout their working life. * Develop, introduce and maintain safety and health management systems across the Company to meet concern standards as well as statutory requirements for safety and health. Verify compliance with these standards through regular auditing. * Set continual improvement objectives and targets and review these periodically to ensure that these are being met at the individual unit and corporate levels. * Inculcate safety as a personal value through behavioral intervention at all levels, recognition of positive behavior and continuous correction of unsafe behavior. * Involve all employees in the implementation of this Policy and provide appropriate training. * Provide for appropriate dissemination of information on safety and health at work and travel through suitable communication networks both within GODREJ FOOD LTD and among stakeholders. * Implement Mandatory Minimum Standards at Third Party co-packers and dedicated warehouses. Environment Policy Godrej Food Ltd supplies high quality goods and services to meet the daily needs of consumers and industry. In doing so, the Company is committed to exhibit the highest standards of corporate behaviour towards its consumers, employees, the societies and the world in which we live. Our Commitment The company recognises its joint responsibility with the Government and the Public to protect environment and is committed to regulate all its activities so as to follow best practicable means for minimising adverse environmental impact arising out of its operations. The company is committed to making its products environmentally acceptable, on a scientifically established basis, while fulfilling consumers' requirements for excellent quality, performance and safety. The aim of the Policy is to do all that is reasonably practicable to prevent or minimise, encompassing all available knowledge and information, the risk of an adverse environmental impact arising from processing of the product, its use or foreseeable misuse. This Policy document reflects the continuing commitment of the Board for sound Environment Management of its operations. The Policy applies to development of a process, product and services, from research to full-scale operation. It is applicable to all company operations covering its plantations, manufacturing, sales and distribution, research & innovation centres and offices. This document defines the aims and scope of the Policy as well as responsibilities for the achievement of the objectives laid down.
The Vision

Our vision is to continue to be an environmentally responsible organisation making continuous improvements in the management of the environmental impact of our operations.
We will achieve this through an Integrated Environment Management approach, which focuses on People, Technology and Facilities, supported by Management Commitment as the prime driver.

Environment Policy GODREJ FOOD LTD is committed to meeting the needs of customers and consumers in an environmentally sound manner, through continuous improvement in environmental performance in all our activities. Management at all levels, jointly with employees, is responsible and will be held accountable for company’s environmental performance. Accordingly, GODREJ FOOD LTD’s aims are to: * Ensure safety of its products and operations for the environment by using standards of environmental safety, which are scientifically sustainable and commonly acceptable. * Develop, introduce and maintain environmental management systems across the company to meet the company standards as well as statutory requirements for environment. Verify compliance with these standards through regular auditing. * Assess environmental impact of all its activities and set continual improvement objectives and targets and review these periodically to ensure that these are being met at the individual unit and corporate level. * Reduce waste, conserve energy and explore opportunities for reuse and recycle. * Involve all employees in the implementation of this Policy and provide appropriate training. Provide for dissemination of information to employees on environmental objectives and performance through suitable communication networks. * Encourage suppliers and co-packers to develop and employ environmentally superior processes and ingredients and co-operate with other members of the supply chain to improve overall environmental performance. * Work in partnership with external bodies and Government agencies to promote environmental care, increase understanding of environmental issues and disseminate good practices. Responsibilities Corporate
The Board and the Management Committee of GODREJ FOOD LTD is committed to conduct the company operations in an environmentally sound manner. The Management Committee will: * Set mandatory standards and establish environmental improvement objectives and targets for GODREJ FOOD LTD as a whole and for individual units, and ensure these are included in the annual operating plans. * Formally review environment performance of the company once every quarter. * Review environment performance when visiting units and recognise exemplary performance. * Nominate:
- A senior line manager responsible for environmental performance at the individual GODREJ FOOD LTD site.
- GODREJ FOOD LTD environmental coordinator.

The Management Committee, through the nominated environmental coordinator will: * Ensure implementation of GODREJ FOOD LTD Policy on environment and compliance with Unilever and GODREJ FOOD LTD environmental standards and the standards stipulated under relevant national / local legislation. When believed to be appropriate, apply more stringent criteria than those required by law. * Assess environmental impact of GODREJ FOOD LTD operations and establish strategies for sound environment management and key implementation steps. * Encourage development of inherently safer and cleaner manufacturing processes to further raise the standards of environment performance. * Establish appropriate management systems for environment management and ensure regular auditing to verify compliance. * Establish systems for appropriate training in implementation of Environment Management Systems at work. * Ensure that all employees are made aware of individual and collective responsibilities towards environment. * Arrange for expert advice on all aspects of environment management. * Participate, wherever possible, with appropriate industry and Government bodies advising on environmental legislation and interact with national and local authorities concerned with protection of environment. Individual Units The overall responsibility for environment management at each unit will rest with the Unit Head, who will ensure implementation of GODREJ FOOD LTD Policy on environment at unit level. Concerned line managers / heads of departments are responsible for environmental performance at department levels. In order to fulfill the requirements of the Environment Policy at each site, the Unit Head will: * Designate a unit environment coordinator who will be responsible for co-ordinating environmental activities at unit, collating environmental statistics and providing / arranging for expert advice. * Agree with the Management Committee Member responsible for the unit, specific environmental improvement objectives and targets for the unit and ensure that these are incorporated in the annual objectives of the concerned managers and officers and are reviewed periodically.

Quality Policy
Godrej Food Ltd mission is to meet everyday needs for nutrition, hygiene and personal care with brands that help people feel good, look good and get more out of life. And a key requirement is building in the quality expectations of our consumers into our products.
Our Commitment
To win consumers’ confidence and loyalty, we need to consistently deliver branded products of excellent quality. We understand the different needs of our consumers and customers and strive to develop and deliver superior brands to ensure that they’re the preferred choice. And by applying consistently high standards, we’re able to do things right first time, cut waste, reduce costs and drive profitability.
Our Quality Policy describes the principles that everyone in Unilever follows, wherever they are in the world, to ensure that we are recognised and trusted for our integrity, the quality of our brands and products, and the high standards we set.
Principles of the Quality Policy * Putting the safety of our products and our consumers first.
We have stringent mandatory quality standards in place against which compliance is verified through regular audits and self assessments. These standards ensure we design, manufacture and supply products that are safe, of excellent quality, and conform to the relevant industry and regulatory standards in the countries in which we operate. Comprehensive management procedures are in place to mitigate risks and to protect our consumers and markets. * Putting consumers and customers at the heart of our business
We actively engage our consumers and customers, translating their needs and requirements into our products and services, thus creating consumer value wherever we position our products. This is at the very heart of our innovation process. * Quality is a shared responsibility
Quality and consumer safety is the responsibility of every Unilever employee and Unilever demonstrates visible and consistent leadership to meet this policy. The drive for quality, in all that we do, is a passion reflected in our brand development, manufacturing and customer service processes and is also expected of our business partners. We partner with stakeholders to provide leadership, promote transparency and share best practice. And we’ve forged effective working relationships with suppliers and contract manufacturers. * Building and maintaining excellent systems to ensure the quality and safety of our products
We’re proactively and continuously developing our systems and processes to ensure quality and safety throughout the whole value chain, and we’re setting a benchmark for the business. We provide appropriate training and resources, and will ensure that we deliver our quality objectives and targets. We regularly measure and improve our performance using both internal and external measures.
Affirmative Action Policy
Godrej Food Limited is a signatory to the CII Code of Conduct on Affirmative Action and affirms the recognition that its competitiveness is interlinked with the well being of all sections of the Indian Society.
Godrej food ltd Policy on Affirmative Action The Company believes that equal opportunity in employment for all sections of the society is a component of its growth and competitiveness. It further believes that inclusive growth is a component of growth and development of the country. The Company affirms the recognition that diversity to reflect socially disadvantaged sections of the society in the workplace has a positive impact on business. The Company does not practice nor support conscious discrimination in any form.
Godrej Food Ltd does not bias employment away from applicants belonging to disadvantaged sections of society if such applicants possess competitive skills and job credentials as made public.

The Company’s selection of business partners is not based on any considerations other than normal business parameters. In case of equal business offers, the Company will select a business partner belonging to a socially disadvantaged section of society.

The Company has a written policy statement on Affirmative Action in the workplace.
The Company has an employment policy that is in the public domain. It will place such policies and employment opportunities on its website to encourage applications from socially disadvantaged sections of society. The Company makes all efforts for upskilling and continual training of employees from socially disadvantaged sections of society in order to enhance their capabilities and competitive skills.

The Company has a partnership programme with educational institutions to support and aid students from socially disadvantaged sections of society. The Executive Director, Human Resources is accountable to the CEO to oversee and promote its Affirmative Action policies and programmes. The ED HR will present a biannual report to the Board of the Company about such policies and programmes.

MARKETING ANALYSIS
Marketing Mix – 4P’s

PRODUCT

PRICE

PROMOTION

PLACE

CHAPTER-4
SWOT ANALYSIS

CHAPTER- 5
CONCLUSION

Godrej Tyson Foods Limited (GTFL) is a 49:51 JV between GAVL and Tyson Foods Limited1, and is one of the largest companies with a 20% share in the Rs. 1,000 crore domestic processed chicken industry. During the second quarter of the current fiscal (Q2, FY11), GTFL turned profitable because of combined effect of cost rationalisation steps undertaken by the management and healthy growth in volumes as well as realisations. During FY10-13E, GTFL’s revenue is likely to grow at a CAGR of 25% backed by the company’s plan to launch new products and inherent potential in the domestic processed chicken industry. In 2008, we acquired majority ownership of one of India’s leading branded chicken companies. In addition to serving the foodservice market, Godrej Tyson Foods produces retail fresh chicken under the Real Good Chicken brand and further-processed chicken under the Yummiez brand. The combined production of the two plants in Mumbai and Bangalore, which are state-of-the-art processing plants, is currently 280,000 chickens per week with expansion planned for both plants

• Tyson Foods, the US $27 billion meat processer, owns 51% of Godrej Tyson Foods Limited (GTFL) • GTFL includes two key brands – Real Good Chicken is the leading fresh poultry brand in India, with 20% market share – Yummiez is the fastest growing brand of quick serve (poultry and vegetarian) snack products
• Since entering the JV, Tyson has added significant value by improving efficiencies in poultry processing and live operations

• GTFL is well-positioned to benefit from trends changing Indian diets – rising non-veg consumption – adoption of convenient foods – growth in modern retail

GodrejTyson food ltd (joint venture partner of Godrej Agrovet ltd: India current year 22.84% previous year 24.93%. Sales of Tyson food ltd 109.75 crore purchase 2.18 crore. The Poultry business, best known for the two brands Real Good Chicken and Yummiez, is now a JV with Tyson Foods. Godrej Agrovet has 46 manufacturing facilities across India, a network of ~10,000 rural distributors/dealers, and over 2250 employees.Godrej Tyson business sales grew by 19% in Q1 FY 2015-16
Godrej Tyson Foods Limited (GTFL) is a 49:51 JV between GAVL and Tyson Foods Limited1, and is one of the largest companies with a 20% share in the Rs. 1,000 crore domestic processed chicken industry. During the second quarter of the current fiscal (Q2, FY11), GTFL turned profitable because of combined effect of cost rationalisation steps undertaken by the management and healthy growth in volumes as well as realisations. During FY10-13E, GTFL’s revenue is likely to grow at a CAGR of 25% backed by the company’s plan to launch new products and inherent potential in the domestic processed chicken industry. In 2008, we acquired majority ownership of one of India’s leading branded chicken companies. In addition to serving the foodservice market, Godrej Tyson Foods produces retail fresh chicken under the Real Good Chicken brand and further-processed chicken under the Yummiez brand. The combined production of the two plants in Mumbai and Bangalore, which are state-of-the-art processing plants, is currently 280,000 chickens per week with expansion planned for both plants
• Launching new variants in the retail segment
• Providing value-added products to Quick Service Restaurants (QSRs)
• Building Yummiez brand nationally • Expanding capacities to cater to growing

CHAPTER-6
LEARNING FROM THE REPORT
Learning From The Report: * Knowledge about the Godrej Food Ltd * Introduction, Godrej Agrovet JV with Tyson Food Ltd. * Organizational structure of the company * Product and Services * Financial Analysis * Policies * SWOT * How to collect data from Different sources. * From internet * From newspaper * Magazine * How to prepare assignment report. * How to arrange all the collected data.
REFFERENCE
www.godrej.com www.godrejagrovet.com www.yahoo.finance.com www.slideshare.com www.articles.ecomomictimes.indiatimes.com www.researchonindia.com www.mbaskool.com