As per Pre planning ZCOER MBA Dept. Organized Industrial visit to Rieter India, Shirval ,Satara District, on 05/10/2016.(Wednesday)

60 Students of MBA I&II ZIMCA & ZCOER MBA Dept Present for industrial visit including two Faculty Members each from respective Institutes. Because It was already planned to take Industrial visit report writing competition so MBA-I student submitted their report on 10/10/2016 Monday to Prof. Yogendrakumar Deokar.

On 25/10/2016 it is scheduled to select winners & Price distribution with the auspicious hands of ZCOER & ZIMCA Faculties.

When all students entered in Company premises of Rieter India Pvt. Ltd senior executive give warm well come to all visitors. Senior executive personally shown all departments with flow process of Machine making. Rieter is the world’s leading supplier of systems for short-staple fiber spinning. Based in Winterthur (Switzerland), the company develops and manufactures machinery, systems and components used to convert natural and manmade fibers and their blends into yarns. Rieter is the only supplier worldwide to cover spinning preparation processes as well as all four end spinning processes currently established on the market. With 15 manufacturing locations in nine countries, the company employs a global workforce of some 5 022, about 20% of whom are based in Switzerland. Rieter is listed on the SIX Swiss Exchange under ticker symbol RIEN.

Rieter is a strong brand with a long tradition. Since the company was established in 1795, Rieter’s innovative momentum has been a powerful driving force for industrial progress. Products and solutions are ideally tailored to its customers’ needs and are mostly produced in customers’ markets.
With global sales and service organization and a strong presence in the core markets China and India, Rieter as market leader is well positioned in the global competitive environment.

For the benefit of shareholders, customers and employees, Rieter aspires to achieve sustained growth in enterprise value. With this in mind, Rieter seeks to maintain continuous growth in sales and profitability, primarily by organic growth, but also through strategic alliances and acquisitions.
The company comprises of three Business Groups:

• Machines & Systems develops and machinery and systems for producing yarns from natural and manmade fibers and their blends.
• After sales provides comprehensive products and services for spinning mills throughout the product life cycle of their installations.
• Components is the leading global supplier of components for shortstaple and long-staple spinning mills, as well as for producers of nonwovens. The business group is represented on the market through four brands: Bräcker, Graf, Novibra and Suessen.

During visit students asked many question regarding process,business strategy of rieter etc.  all happyly return to College campus after visit.