Mrs. Jyoti Naik Shri Mahila Gruhudyog Lijjat Papad Prof. Arjun B. Bhagwat S. M. Joshi College Hadapsar Pune- 28 T. Y. B. Com
1. Entrepreneurship Skills Visionary (Specially for Women- Self Employment) Reaching out and empowering women at the grassroots level (Converted a small industry to a cottage national movement for women) Sheer hard work and dedication Simplicity and CO-operation Extremely Value Driven Invaluable business ethics Great emphasis on quality T. Y. B. Com
2. How to Start Company Started by 7 women in 1959 with a modest loan of Rs. 80 Jyoti Naik started at the age of 12 in 1973 Aim is to generate employment Today is the turnover is Rs. 887 crores and Rs. 37 crores is export Lijjat has a verity of products 30-35% production of papad is exported Provide employment to over 43,000 women all over India T. Y. B. Com
3. Awards Best Rural Industries Award by khadi & Gramodyog Aayog Business Women of the Year by Economics Times Brand Equity Award T. Y. B. Com
4. Social and Other Activities Adult Education Computer Education Hobby Centre Toys Making Scholarships for children's Organized Various Conferences Donation to Social Activities T. Y. B. Com
5. Sources of Capital khadi Vikas Gramin Udyog Bank of India Bank of Baroda Dena Bank Rate of Interest @ 16% Subsidy @ 12% Actual Rate of Interest @ 4% T. Y. B. Com
6. Management System 21Members in Corporate Body Members = Sisters No criteria for membership Right to Veto Power No receive any donation Follow all Rules and Conditions Concentrate on quality of production and discipline T. Y. B. Com
7. Marketing System Separate Marketing Department 6 Distribution Depot in Mumbai 29 Distribution Centre in Mumbai Separate Advertisement, Printing, Export Department 32 Distributors in Mumbai Separate Distributors for each State 1.50 Lakh Deposit for Distributors No Credit System All Transactions through Banks T. Y. B. Com
8. Managerial problems Lack of planning & decision making Lack of adequate research activities Lack of managerial skills Lack of quality objectives & traditional management Lack of handling technical, financial, sales & Prod. Activities Non availability of skilled workers Insufficient staff to carry out project successfully T. Y. B. Com
9. Infrastructural problems Inadequate power supply Inadequate water supply Lack of communication facility Delays in provision of land, shades, plots, premises Lack of proper & adequate information system T. Y. B. Com
10. Support system problems Harassment in completing of documents Lack of co-ordination between different agencies Bribery in the agencies providing subsidies, incentives & loans Inadequate incentives Non co-operative attitude of the employee T. Y. B. Com
Thank You T. Y. B. Com