Review of Literature on Financial Performance Analysis

5223 Words May 4th, 2011 21 Pages
Summer Internship Training at ITC Limited Paperboards & Specialty Papers Division (PSPD)
KOVAI UNIT Submitted by
VIDHYA A
Register No : 098001123108 Under the Guidance of Mr.A.RAMANATHAN In partial fulfillment of the requirements of Anna University – Coimbatore for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION

SCHOOL OF MANAGEMENT
SRI KRISHNA COLLEGE OF ENGINEERING AND TECHNOLOGY, COIMBATORE
August 2010.
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Sri Krishna College of Engineering and Technology Coimbatore.
School of Management BONAFIDE CERTIFICATE
This is a bonafide certified of practical record work done by Mr./Ms. VIDHYA.A Training of the Register No: 098001123108 for Summer Internship Fourth Trimester of MASTER OF BUSINESS

ADMINISTRATION during August -
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India is the 15th largest paper producer in the world. It provides employment to nearly 1.5 million people and contributes INR25.0 billion to the government's exchequer. In last 55 years, the number of paper mills has increased from just 17 mills in 1951 to more than 666 units engaged in the manufacture of paper and paperboard, out of which nearly 568 are in operation by 2009. India is self-sufficient in manufacture of most varieties of paper and paperboards. The Import is mainly related to certain speciality papers such as light weight coated variety of paper, cheque paper, etc. In last 5 years, capacity was increased mainly through expansion and modernisation of the existing facilities rather than setting up greenfield projects. The domestic paper market is dominated by large players owing to their size, brand value and financial strength. In 2006-09, the top 10 players control around 70% of the market in term of capacity. The demand for upstream market of paper products, like, tissue paper, tea bags, filter paper, light weight coated paper, medical grade coated paper, etc., is picking up with the growth of economy. These developments are expected to give strong support to the paper industry. According to ITC’s estimates, the total demand for paper is around 8.0 million tons and is expected to grow to 10.0 million tons by 2012 and 21.0 million tons by 2020.

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MAJOR PLAYERS IN INDIA:
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