ARIHANT SUGAR INDUSTRY LTD JAINAPUR

CHAPTER 1
INTRODUCTION
1.1 OVERVIEW OF THE ORGANISATION
Name of the Organization: ARIHANT SUGAR INDUSTRY LTD.
The development of a country depends on a variety of elements, one of which is the industrial

Man sector. Through their huge employment prospects, they contribute to a nation's general

economic development while also contributing to the individual economic progress of people

employed by them. ARIHANT SUGAR INDUSTRIES formerly known as OM Sugars Ltd is

one of the best examples to showcase the impact of the industries on economic development.

Based in Jainapur, Chikodi taluk of Belagavi District in North Karnataka.

1.1.1 FACTORY DETAILS

Arihant Sugar Industries Limited formerly known as Om sugar ltd was incorporated on 4th

Nov 2014 under the name OM sugars Ltd, later on, with initiative of Hon. Sahakar Ratna Shri

Raosaheb Anagaud Patil (Founder & Chairman) of Arihant Group, in an acquisition move the

Company took over the OM Sugars Ltd.

1.1.2 PLANT DETAILS

Arihant Sugar Industries Limited formerly known as Om sugar ltd was incorporated on 4th

Nov 2014 under the name OM sugars Ltd, later on, with initiative of Hon. Sahakar Ratna Shri

Raosaheb Anagaud Patil (Founder & Chairman) of Arihant Group, in an acquisition move the

Company took over the OM Sugars Ltd.

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1.2 MISSION AND VISSION OF THE ORGANISATION

1.2.1 MISSION OF THE ORGANISATION

MISSION ARIHANT GROUPS MISSION

To transform Arihant Sugar Industries ltd, into a dynamic and vibrant business entity where

growth is an ethos and the long-term value creation for our stakeholders is the paramount

Objective.

1.2.1 VISION OF THE ORGANISATION

To be the leader in our chosen business area, create an organization that all our constituents are

proud to be associated with, set benchmarks that will become the standard for others to emulate,

and through ethical business practices create wealth for our stakeholders.

1.1 Board of Director

Shri Raosaheb Anagaud Patil Chairman
(SahakarRatna)
Mr. Abhinandan Raosaheb Patil Managing Director
Mr. Uttam Raosaheb Patil Whole-Time Director
Mrs. Meenakshi Raosaheb Pati Director
Mrs.Vinayashri Abhinandan Director
Patil
Mrs.Dhanashri Uttam Patil Director
Mr. Raosaheb Kallappa Shetti Chief Executive Officer

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1.3 ORGANISATION STRUCTURE

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 ARIHANT SUGAR INDUSTRY LTD JAINAPUR

Company name Arihant Sugar Industry Ltd.

Industry Sugar Industry

Address Jainapur, Chikodi taluk of Belagavi District in

North Karnataka

Year of Establishment 2015

Number of employees 400

Email [email protected]
Head office Borgaon,Karnataka,India

Table no.1.1 Industry Profile

1.4SERVICE PROFILE
1) Sugar manufacturing Process

2) By-Products

3) Procurement process

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1.4 INFRASTRUCTURE FACILITIES

Arihant Sugar Industries Limited is one of the country's major manufacturers of

white crystal sugar, with a capacity of 12,000 tonnes of cane crush per day.

In keeping with Arihant Sugars' ongoing efforts to improve production efficiency,

several initiatives have been implemented time and again to elevate the quality of

the manufacturing process to unrivalled levels. Some examples of such initiatives

are shown below.

 Scientific farming.

 Continuous R&D in sugar rich, pest resistant and high yielding sugarcane
varieties

 Mechanization of cane harvesting

 Efficient Sugar manufacturing process to reduce sugar loss

 Ensuring cleanliness and hygiene at their best in factory sites.

 Auto Setting Mill facilities

 Energy Saving Schemes like planetary gear boxes, Automated cooling and
condensing system,vertical continuous pan, etc.,

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1.5 SWOT Analysis

*Strengths
Your organization's strength is what distinguishes it from the competition. It can be

a competitive advantage that distinguishes it from competitors. The following are

some of ASIL's strengths:

Integrated Sugar Mills: In Karnataka, the company runs three sugar mills. The

mills are designed to process sugarcane and create sugar, as well as power and

organic manures as byproducts.

Strong Revenue Growth: From FY20015 to FY2022, ASIL experienced a 45%

revenue CAGR and a 58% EBITDA CAGR. Consistent returns have been secured

by the robust financial performance. ASIL's strong management team has

continuously delivered to assure growth through successful strategic acquisitions.

*Weaknesses
Strategy is all about choices, and weaknesses are areas where businesses may

improve by doing a SWOT analysis and using their competitive advantage and

strategic positioning. Workforce Diversity: Arihant Sugars has diversity in upper-

level management, which has helped to its success, but it also requires diversity in

lower-level management to maintain a level of understanding.

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*Opportunities
Opportunities are prospective areas of attention for businesses in order to enhance

outcomes, boost sales, and, eventually, profit

Low Competition: Due to numerous government laws and regulations, it is

difficult to enter and operate in this market. As a result, few people consider

entering this field, and even fewer achieve success and make it to the top ranking

of organisations.

E-commerce: Products such as sugar and organic manures may be offered through

ecommerce outlets, which will help the firm develop. In today's world, e-

commerce sales may boost a company's sales and income.

Business Expansion: Arihant Sugar's companies are growing as a result of its plans

and diligence; they are on their way to greater levels of output and are looking

forward to increasing its operations in the southern and eastern coastal regions.

This growth would result in increased income and profit for the firm. However, in

order to stay ahead of their competition, companies must be informed of their

opponents' methods.

*Threats
Climate Change: The company's final goods are totally based on the principal crop

they use. Climate change can have a big impact on their output. Crop spoilage can

result in decreased output, fewer sales, and higher pricing.

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Political Uncertainty: Because Arihant Sugar is an agri-business that requires a

large amount of land, state rules and regulations have a direct impact on their

actions. The government may frequently have a significant effect on its production

and operation

Fierce Competition: Over the last two years, strong profitability has expanded the

number of minor participants in the market, placing downward pressure on total

sales and profitability. Consumer shopping habit: Changing one's shopping habit

from online minute delivery stores, where a variety of selections are accessible, to

any other method might be a danger to the organisation.