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ORGANIZATION STUDY REPORT
MONCY ROY

OBJECTIVES OF STUDY
• To familiarize the “Indian Rare Earth limited” and the practice of
management.
• To have the practical awareness to understand the different products
of IREL.
• To study the functioning of the organization and its various
departments.
• To understand the decision making process involved in the various
levels of organization.

INDUSTRY PROFILE
• The term “Rare Earths” denotes the group of 17 chemically similar
metallic elements.
• It includes scandium, yttrium & lanthanides.
• The group of rare earth has greatly influenced our day-to-day life with
numerous applications namely in the areas of metallurgy, magnets,
ceramics, electronics, chemicals, optical, medical and nuclear energy.
• Presently, there are a few private organizations engaged in the mining
and in the mineral separation of beach sand minerals. The Indian
players at present are “Trans World Garnet Private Limited”, “V.V.
Minerals,” “Earth Minerals Resource Private Limited, Tuticorin.”
• The major mineral based industries in Kerala are Indian Rare Earth
Limited-Chavara; Kerala Minerals and Metals Limited-Chavara;
Malabar Cement-Walayar; Travancore Cements Ltd-Kottayam;
Kundara ceramics Limited-Kollam; EICL-Trivandrum.

PRODUCT PROFILE
• The important products of this unit are Monazite, Illmenite
(Leucoxene) etc. IREL product range also includes the value added
products like Zirflor & Microzir.

ORGANIZATIONAL STRUCTURE
HOD
(HRM)
SH
(HRM)
SH
(TRG)
SH
(LS)
SH
(SEC)
HOD
(MED)
)
HOD
(FIN)
)
HOD
(I A)
)
HOD
(S&E)
)
HOD
(S&E)
)
HOD
(MNT)
)
MR HOD
(PDN)
SH
(MIS)
HOD
(MKTG)
HOD
(PUR)
)
HOD
(S&D)
)
HOD
(MNG)
)
HOD
(QCL)
)
HOD
(CVL)
)
HOD
(RES)
)
PUR
PERS
S&D
PERS
I/C
SURVEY
I/C
(DWUP)
DWUP
OPERATOR
I/C
BWC
MNG
PERS
QCL
PERS
CVL
PERS
RES
PERS
MKTG
PERS
DMR SH
(PDN)
SH
(MKTG)
SH
(PUR)
)
SH
(S&D)
)
SH
(MNG)
)
SH
(QCL)
)
SH
(CVL)
)
SH
(RES)
)
UNIT
HEAD
)
SHIFT-IN
CHARGE
SHIFT
ENGINEER
PDN DEPT.
PERS.
SH
(PC)
SH
(MED)
)
SH
(FIN)
)
SH
(I A)
)
SH
(FP)
)
SH
(PRJ)
)
HOD
(MNT)
)
I.A
PERS
MNT
PERS
MED
PERS
FIN
PERS
S&E
PERS

SWOT ANALYSIS
STRENGTHS
• It's a public limited company under the government of India
• One of the leading exporters of minerals
• They are constantly making the profit for several years
• Constant up gradation of technology
• Abundance of raw materials in the company premises itself.

WEAKNESSES
• The company is located 4 kms from national highway, so the time &
cost for transportation is too high.
• Excess no. of civil workers.
• Unavailability of land for the expansion of the unit capacity.

OPPORTUNITIES
• The company can start their own plants for the production of various
value added products through diversification
• Being a strategic industry, the company will always have the support
from the central government.
• High demand for products
• Faster growth rate of markets in the Asian countries where extraction
facilities were limited

THREATS
• The cost of raw materials are rising
• Transportation costs are increased day by day.
• Over intervention of external political groups in the company affair

FINDINGS
• The employees were well satisfied with the welfare policies which
are in practice and scale of pay at present.
• Majority of work men were well experienced and possess greater
amount of knowledge particularly related to mining and product
procedure.
• Managers were overloaded with work but they perform well
above their expectations.
• The company has strong commitment towards the society.
• The intervention by the external political parties continues to be a
disturbance in formulating labor practices.

SUGGESTIONS
• IREL should take the advantage of the growing demand for the
heavy minerals by increasing the production.
• The Management should sustain the faith of the local people by
communicating and explaining the company’s policies to them.
• The trust of people can be ensured and sustained by constant
interactions and communication with them.
• The company can achieve this by undertaking more socially
responsible activities in the form of medical facilities, running
schools, assistance at the time sea erosion.
• They should try to provide water supply to the local people.

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