UNIQUE REGISTRATION NUMBER

UNIQUE REGISTRATION NUMBER

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Submitted By :

Rakesh

Submitted To :

Abhishek Rathi

DECLARATION

I hereby declare that the project report titled “Distribution of Unique

Registration number” is my own work and the result of my own effort, is raised

on information collected, guidance given by my Industry mentor

AmritanshuParida (Research Associate)& faculty member.

The data gathered for the purpose of this report will not be made public and will be

kept confidential, except for academic purpose. All care has been taken to keep this

report error free and I sincerely regret for any unintended discrepancies that might

have crept into this report. I shall be highly obliged if errors (if any) be brought to

our attention.

Thank You.

Date: 13-06-2012 Rakesh

Place: FARIDABAD

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Acknowledgement

Any accomplishment requires the effort of many people and this work is no

different. I have been fortunate enough to get the help and guidance from many

people. It is a pleasure to acknowledge them though still it is inadequate

appreciation for their contribution.

I would not have completed this journey without the help, guidance and support of

certain people who acted as guides and friends along the way. I would like to

express my deepest and sincere thanks to our Industry mentor AmrutanshuParida

(Research Associate) for his invaluable guidance and help. The project could not

be complete without the support and guidance.

I am also thankful to all our coordinator and faculty member for cooperating with

us at every stage of the project. They acted as continuous source of inspiration and

motivated us throughout the duration of the project helping us a lot in completion

of this project.

Submitted with regards

Rakesh

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CONTENT

INTRODUCTION 05-08

TYPES OF INDUSTRIES 08-11

REGISTRATION TYPE 11-15

OBJECTIVE 16

LITERATURE REVIEW 17

RESEARCH METHODOLOGY 18

FINDING 20

QUESTIONAIRRE 21-23

CONCLUSION 22

REFRENCE 23

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INTRODUCTION

Dexter is a group of young professionals from varied backgrounds who have come together to create a team working in multiple areas across domains with an ever-increasing array of services. Within a short time, Dexter has completed more than 150 projects and has setup branches at Mumbai, Bangalore and NCR, apart from the headquarters at Ahmedabad.

With the average age of the core team at about 27, Dexter has now built a panel of senior advisers and mentors whose experience and expertise in their domains combines with our ability to execute and helps us design and deliver on projects time and again.

It started as a one-room setup before 5 years without capital, clients or experience. From there, Dexter now occupies more than 5800 sq. ft. of office space across 4 cities and has aggressive plans of setting up bases in many more locations in the next 2 years.

One of the key components at the heart of Dexter has been and remains to be the philosophy of joint ownership and sharing of gains. We have taken accountability to the extreme where even the founders’ stake in the company can reduce if he/she doesn’t perform well.

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With practices like 100% audio recording of interviews, 100% data validation followed by 100% telephonic verification in place now, Dexter has been trying to create practices and systems that assure authenticity of data for each primary research we undertake.

Having a lot of people with backgrounds in technology has also meant that we have very easily leveraged technology for operational efficiencies in planning and execution. This has allowed us at times to deliver work on impossible deadlines. This has also allowed us to quickly challenge the boundaries and constraints of conventional methods and ways, and come out with innovations as a natural extension of projects.

With service offerings in 8 areas now, Dexter is quickly looking to leverage its expertise and knowledge base across service areas, and expand through diversifying, both horizontally and vertically.

Industrialization in Haryana

Haryana’s economy is largely dependent on agriculture. About 70% people of the total population are engaged in farming. Wheat and rice are the major crops grown in the state. Haryana is self-sufficient in food production and the second largest contributor to India's central pool of food grains. Haryana greatly contributed to the Green Revolution in India in the 1970s as a result of which the country has become self-sufficient in food production. Dairy farming is also an essential part of the rural economy. Milk and milk products form an essential part of the local diet.

Rapid industrialization has been recorded in the state over the last two decades. More than a thousand medium and large industries with a capital investment of Rs.200 billion have been

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established in the state. These include Maruti Udyog Limited, Escorts, Hero Honda, Alcatel, Sony India, Whirlpool India and Bharti Telecom. Gurgaon and Faridabad have seen emergence of an active information technology industry in the recent years. In addition there are more than 80,000 small-scale industries in the state which cumulatively bring in a substantial income for the state and its people. Haryana is among the top rankers in the nation in the production of cars, motorcycles, tractors, sanitary ware, gas stoves and scientific instruments.

UNIQUE REGISTRATION NUMBER (URN)

The URN is a 64-bit unique identifier contained in the memory devices, or nodes, in which IEEE 1451.4 Transducer Electronic Data Sheets (TEDS) data is stored. Because multiple nodes may be arrayed in a multi-drop network format, to allow memory capacity to be increased, or other functions to be added, the URN allows a number of nodes to be individually accessed by the system. It utilized to ensure unique access to IEEE 1451.4 TEDS memory devices arranged in a multi-drop two conductor network as described in IEEE Std 1451.4-2004.

The URN is the basis upon which node-addressable, digital communication takes place, within the multi-drop architecture of the IEEE 1451.4 mixed-mode interface. It contains an 8-bit family code (FD) to identify the functions available in the node and the command set to be used with the node. Each node must contain a 64-bit URN to control access to the TEDS.

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A serial number is a unique, identifying number or group of numbers and letters assigned to an individual piece of hardware or software. A serial number for a piece of software is not usually the same as a product key but they are sometimes used interchangeably.

The Haryana govt. is going to merge all identifications of companies Haryana Like TIN number,PAN number,excise number etc.They are going to issue unique registration number to all companies existing in Haryana.

Types of industries in Haryana

1- Proprietorship.

A business structure in which an individual and his/her company are considered a single entity for tax and liability purposes. A proprietorship is a company which is not registered with the state as a limited liability company or corporation. The owner does not pay income tax separately for the company, but he/she reports businessincome or losses on his/her individual income tax return. The owner is inseparable from the proprietorship, so he/she is liable for any business debts. also called sole proprietorship.

2-Partnership

A partnership is an arrangement where parties agree to cooperate to advance their mutual interests.[1]

Since humans are social beings, partnerships between individuals, businesses, interest-based organizations, schools, governments, and varied combinations thereof, have always been and remain commonplace. In the most frequently

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associated instance of the term, a partnership is formed between one or more businesses in which partners (owners) co-labor to achieve and share profits and losses (see business partners). Partnerships are also common regardless of and among sectors. Non-profit, religious, and political organizations, may partner together to increase the likelihood of each achieving their mission and to amplify their reach. In what is usually called an alliance, governments may partner to achieve their national interests, sometimes against allied governments who hold contrary interests, such as occurred during World War II and the Cold War. In education, accrediting agencies increasingly evaluate schools by the level and quality of their partnerships with other schools and a variety of other entities across societal sectors. Partnerships also occur at personal levels, such as when two or more individuals agree to domicile together, while other partnerships are not only personal but private, known only to the involved parties.

Partnerships present the involved parties with special challenges that must be navigated unto agreement. Overarching goals, levels of give-and-take, areas of responsibility, lines of authority andsuccession, how success is evaluated and distributed, and often a variety of other factors must all be negotiated. Once agreement is reached, the partnership is typically enforceable by civil law, especially if well documented. Partners who wish to make their agreement affirmatively explicit and enforceable typically draw up Articles of Partnership. It is common for information about formally partnered entities to be made public, such as through a press release, a newspaper ad, or public records laws.

While partnerships stand to amplify mutual interests and success, some are considered ethically problematic. When a politician, for example, partners with a corporation to advance the corporation's interest in exchange for some benefit, a conflict of interest results. Outcomes for the public good may suffer. While technically legal in some jurisdictions, such practice is broadly viewed negatively or as corruption.

Governmentally recognized partnerships may enjoy special benefits in tax policies. Among developed countries, for example, business partnerships are often favored over corporations in taxation policy, since dividend taxes only occur on profits before they are distributed to the partners. However, depending on the partnership structure and the jurisdiction in which it operates, owners of a partnership may be exposed to greater personal liability than they would as shareholders of a corporation. In such countries, partnerships are often regulated via anti-trust laws, so as to inhibitmonopolistic practices and foster free market competition.

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Enforcement of the laws, however, is often widely variable. Domestic partnerships recognized by governments typically enjoy tax benefits, as well.

3-Private ltd.- In a private limited company, all the shares are managed by a small number of people and their liability is limited to the extent of each individual shared held by them.

Section 3 (1) (iii) defines a private company as one which—

1. has a minimum paid-up share capital of Rs.1 Lakh or such higher capital as may be prescribed; and

2. by its Articles Association:3. restricts the right of transfer of its share;4. limits the number of its members to 50 which will not include:      

1. members who are employees of the company; and2. members who are ex-employees of the company and were

members while in such employment and who have continued to be members after ceasing to be employees

5. prohibits any invitation to the public to subscribe for any shares or debentures of the company; and

6. Prohibits any invitation or acceptance of deposits from persons other than its members, directors or their relatives.

This goes to say that a private company, in addition to the earlier conditions, shall have a minimum paid-up share capital of Rupees One Lakh or such higher capital as may be prescribed and its Articles shall prohibit invitation or acceptance of deposits from persons other than its members, directors or their relatives. In case of such companies, public interest is not involved.

The basic characteristics of a private company in terms of section 3(1)(iii) of the Act do not get altered just because it is a subsidiary of a public company in view of the fiction in terms of section 3(1)(iv)(c) of the Act that it is a public company. May be it is a public company in relation to other provisions of the Act but not with reference to its basic characteristics. In terms of that section, a company is a private

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company when its articles restrict the right of transfer of shares, restricts its membership to 50 (other than employee’s shareholders) and prohibits invitation to public to subscribe to its shares. Therefore, all the provisions in the articles to maintain the basic characteristics of a private company in terms of that section is restriction on the right to transfer and the same will apply even if a private company is a subsidiary of a public company.

4-Incorporation (Inc.) is the forming of a new corporation (a corporation being a legal entity that is effectively recognised as a person under the law). The corporation may be a business, a non-profit organization, sports club, or a government of a new city or town. This article focuses on the process of incorporation;

Registration type-

1-S.S.I.- Defining small-scale industry is a difficult task because the definition of small-scale industry varies from country to country and from one time to the another in the same country depending upon the pattern and stage of development, government policy and administrative set up of the particular country.

Every country has set its own parameters in defining small-scale sector. Generally, small-scale sector is defined in terms of investment ceilings on the original value of the installed plant and machinery. But in the earlier times the definition was based on employment. In the Indian context, the parameter are as follows.

The Fiscal Commission, Government of India, New Delhi, 1950, for the first time defined a small-scale industry as, one which is operated mainly with hired labour usually 10 to 50 hands.

Fixed capital investment in a unit has also been adopted as the other criteria to make a distinction between small-scale and

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large-scale industries. This limit is being continuously raised up wards by government.

The Small Scale Industries Board in 1955 defined, "Small-scale industry as a unit employing less than 50 employees if using power and less than 100 employees if not using power and with a capital asset not exceeding Rs. 5 lakhs".

'The initial capital investment of Rs. 5 lakhs has been changed to Rs. 10 lakhs for sma industries and Rs. 15 lakhs for ancillaries in 1975. Again this fixed capital investment limit was raised to Rs. 15 lakhs for small units and Rs. 20 lakhs for ancillary units in 1980. The Government of India in 1985, has further increased the investment limit to Rs. 35 lakhs for small-scale units and 45 lakhs for ancillary units.

Again the new Industrial Policy in 1991, raised the investment ceilings in plant an machinery to Rs. 60 lakhs for small-scale units and Rs. 75 lakhs for ancillary units.

As per the Abid Hussain Committee's recommendations on small-scale industry, the Government of India has, in March 1997 further raised investment ceilings to Rs. 3 crores for small-scale and ancillary industries and to Rs. 50 lakhs for tiny industry.

The new Policy Initiatives in 1999-2000 defined small-scale industry as a unit engage in manufacturing, repairing, processing and preservation of goods having investment in plant and machinery at an original cost not exceeding Rs. 100 lakhs.

In case of tiny units, the cost limitation is up to Rs. 5 lakhs. Again, the Government of India in its budget for 2007-08 has raised the investment limit in plant and machinery of small-scale industries to 1.5 corers An ancillary unit is one which is engaged or proposed to be engaged in the manufacture c production of parts, components, sub-assemblies, tooling or intermediaries or rendering services and the undertaking supplies or renders or proposes to supply or render not less than 50% of its production or services, as the case may be, to one or more other Industries undertakings and whose investment in fixed assets in plant and machinery whether held on ownership terms or lease or on hire-purchase does not exceed Rs. 75 lakhs.

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For small-scale industries, the Planning Commission of India uses terms 'village an small-scale industries'. These include modern small-scale industry and the traditional cottage and household industry.

2-MSMESmall and Medium Enterprises (SMEs) play a vital role for the growth of Indian economy by contributing 45% of industrial output, 40% of exports, employing 60 million people, create 1.3 million jobs every year and produce more than 8000 quality products for the Indian and international markets. SME’s Contribution towards GDP in 2011 was 17% which is expected to increase to 22% by 2012. There are approximately 30 million MSME Units in India and 12 million persons are expected to join the workforce in the next 3 years. SMEs are the fountain head of several innovations in manufacturing and service sectors, the major link in the supply chain to corporate and the PSUs. By promoting SMEs, the rural areas of India will be developed.SMEs are now exposed to greater opportunities than ever for expansion and diversification across the sectors. Indian market is growing rapidly and Indian entrepreneurs are making remarkable progress in various Industries like Manufacturing, Precision Engineering Design, Food Processing, Pharmaceutical, Textile & Garments, Retail, IT and ITES, Agro and Service sector.

Definition of MSMEs in India

Manufacturing Enterprises – Investment in Plant & Machinery

Description INR USD($)

Micro Enterprises

upto Rs. 25Lakhs upto $ 62,500

Small Enterprises

above Rs. 25 Lakhs & upto Rs. 5 Crores

above $ 62,500 & upto $ 1.25 million

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Medium Enterprises

above Rs. 5 Crores & upto Rs. 10 Crores

above $ 1.25 million & upto $ 2.5 million

Service Enterprises – Investment in Equipments

Description INR USD($)

Micro Enterprises

upto Rs. 10Lakhs upto $ 25,000

Small Enterprises

above Rs. 10 Lakhs & upto Rs. 2 Crores

above $ 25,000 & upto $ 0.5 million

Medium Enterprises

above Rs. 2 Crores & upto Rs. 5 Crores

above $ 0.5 million & upto $ 1.5 million

3-SIA:

The Security Industry Authority (SIA) is the organisation responsible for regulating the private security industry in the UK. It is a non-departmental public body reporting to the Home Secretary and was established in 2003 under the terms of the Private Security Industry Act 2001.

The SIA has two main duties. One is the compulsory licensing of individuals undertaking designated activities within the private security industry; the other is to manage a voluntary Approved Contractor Scheme,

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which measures private security suppliers against independently assessed criteria.

On 14 October 2010 the UK Government's Cabinet Office made an announcement on the future of many public bodies. Its intention for the SIA was stated as: 'Security Industry Authority - No Longer an NDPB - Phased transition to new regulatory regime'. The exact nature of this new regulatory regime is yet to be determined. In the meantime the existing regulatory regime remains in place and existing laws will continue to be enforced.

. One of the main duties of the SIA is the compulsory licensing of individuals working in specific sectors of the private security industry.

Whether or not an individual requires a licence is determined by the role that is performed and the activity that is undertaken. These are described fully in Section 3 and Schedule 2 of the Private Security Industry Act 2001 (as amended). It is a criminal offence to engage in licensable conduct without a licence: if found guilty, the maximum penalty is six months imprisonment and/or a fine of up to £5,000.

Types of SIA Licence

There are two types of SIA licence:

A front line licence is required if undertaking licensable activity, other than key holding activities (this also covers undertaking non-front line activity). A front line licence is in the form of a credit card-sized plastic card that must be worn, subject to the licence conditions.

A non-front line licence is required for those who manage, supervise and/or employ individuals who engage in licensable activity, as long as front line activity is not carried out - this includes directors or partners. A non-front line licence is issued in the form of a letter that also covers key holding activities.

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Objective

1-To provide Unique registration number to companies in Haryana.

2-To estimate the av. electricity consumption by companies.

3-To estimate the requirement of land in Industrial areas in Faridabad.

4-To estimate % of companies connected with DHVBN virsues UHVBN

5-To reduce paper work for different industrial works.

Literature Review

The President under Notification dated 9th May 2007 has amended

the Government of India (Allocation of Business) Rules, 1961.

Pursuant to this amendment, Ministry of Agro and Rural Industries

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(Krishi Evam Gramin Udyog Mantralaya) and Ministry of Small Scale

Industries (Laghu Udyog Mantralaya) have been merged into a single

Ministry, namely, “MINISTRY OF MICRO, SMALL AND MEDIUM

ENTERPRISES (SUKSHMA LAGHU AUR MADHYAM UDYAM

MANTRALAYA.

Worldwide, the micro small and medium enterprises (MSMEs) have

been accepted as the engine of economic growth and for promoting

equitable development. The major advantage of the sector is its

employment potential at low capital cost. The labour intensity of the

MSME sector is much higher than that of the large enterprises. 

 The MSMEs constitute over 90% of total enterprises in most of the

economies and are credited with generating the highest rates of employment

growth and account for a major share of industrial production and exports. In

India too, the MSMEs play a pivotal role in the overall industrial economy

of the country. In recent years the MSME sector has consistently registered

higher growth rate compared to the overall industrial sector. With its agility

and dynamism, the sector has shown admirable innovativeness and

adaptability to survive the recent economic downturn and recession. As per

available statistics (4th Census of MSME Sector), this sector employs an

estimated 59.7 million persons spread over 26.1 million enterprises. It is

estimated that in terms of value, MSME sector accounts for about 45% of

the manufacturing output and around 40% of the total export of the country.

The Government of Haryana proposes to undertake a fresh survey of

industrial units established and operating in the State as it has become

imperative to understand the dynamics of MSME Sector in the background

of new parameters fixed under the provisions of MSME Development Act,

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2006. It is simultaneously intended to create a database of the number of

existing and operating industrial units along with those in the process of

being established. 

-: RESEARCH METHODOLOGY:-

Nature of research

Since source of primary data is available. It was decided that the analysis had to be

primary research, collected directly from the field. This is a primary research .

Sample Area: Industrial areas of Faridabad

Data collection: Data collected directly from field

Software used: MS word.,MS excel.

Findings

First I have to collected data of the region

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Assess relationships such as manufacturing and srvice.

Model events such as impact of registration

Improve workflow processes, from data gathering and analysis to publication and distribution of findings.

DIRECTORATE OF INDUSTRIES & COMMERCE

Interviewer’s Name: __________________________________________

Supervisor Name:________________________________________________

Inward taken by: Survey Date: __________________Validation

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___________________Inward Date: ______________

Date:___________________

Form Validated by: _______________________________________

_______

Verified by: 1.________________

2.___________________

Validation Comments: ___________________________________________

_____________________________________________________________________

Verification Date 1.________________

2.___________________

Verification Comments 1.________________ 2.____________________

Allotted Unique Registration Number H RBASIC PARTICULARS

Name of the Firm/Company

Type or Nature of the Firm/Company

Proprietorship 0 Partnership 0 Pvt. Ltd/Ltd. 0 Any Other __________________________

Location/ Address of the Manufacturing

Facility/Unit

Plot/Unit No.

Area/Locality

City/Town/Village

Block

District

Name of Authorized/Competent Respondent & Designation

Contact No. (Mobile/Phone)

E-Mail ID

Classification of Area/Location (Please ) Urban 0 Rural 0

Industry Category (Please ) Manufacturing0 Service0

Date of Commencement of Commercial Production

(If exact date is not known,mention month/year)

D D M M M Y Y Y Y

Are you registered with any of the

mentioned bodies?

SSI 0 MSME 0

SIA 0 Any Other___________________________________

___________

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Registration No. ___________________________________________________________________________

___________

Area of Land available under the Unit __________________ sq.mtr

Built-up Area ______________________________

_ sq.mtr

Whether allotted an Ind. Plot in HSIIDC/HUDA developed Ind. Estate or purchased/Own land outside the same (Pl. )

Conforming Area 0 Non-Conforming Area 0

Not Aware 0

HSIIDC/HUDA/Ind. Dept. Estate 0 Outside Controlled Area 0

Within Controlled Area and on CLU Basis 0 Not Aware 0

Units Located in Land which is (Please )

Self-Owned 0 Hired on Lease Basis 0

CREDIT STATUS & SUBSIDYDoes your unit have a credit rating?

Yes 0 No 0 Don’t Know/Can’t Say 0

Is the Unit Self-Financed or loan has been availed?

Self Financed 0 Loan Availed 0Term Loan Outstanding as on 31-03-

2011?Rs.

___________________________________________________________

Status on Term Loan? Regular 0 In Default 0 N.A. 0

Working Capital Loan Sanctioned as on 31-03-2011?

Rs. ________________________________________________

_____________

Working Capital Loan Availed as on 31-03-2011?

Rs. ____________________________________________________

_________Amount of Subsidy Availed from Government, if any? Any other Rs.

_________________ _________________________

________

Capital Rs. ____________________

Gen Set Rs. ____________________

Freight Rs. ____________________

Financial Assistance availed from the state in the form of “Interest-Free Loan”

Yes 0 No 0

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EMPLOYMENT GENERATION

Details Male Female TotalDirect (on the rolls of unit)

Indirect (Through Outsourcing/Contract Labour),

etcTotal Employment Generated

TAX REGISTRATION DETAILSTIN CST

PANService

TaxEXCIS

EAny

OtherENERGY SOURCING DETAILS

Connected for Electricity Supply with:

UHBVN 0 DHBVN 0 No Connection 0

Do you have any power back-up facilities? Yes 0 No 0

Sanctioned Load( in KVA): _____________________________

Connected Load: (in KVA): _______________________________

If Yes, Capacity of Gen-set Installed? (in KVA) _________________

Type of Fuel? Diesel 0 Gas 0 Others (Pl. Specify_____________)

Any preference for natural gas linkage?

Yes 0 No 0 Don’t Know/Can’t Say 0

PRODUCTS MANUFACTURED/SERVICES OFFERED AS ON 31.03.2011

3. Items/Products Manufactured/Service

i). ___________________________________

___________________

ii).______________________________________________________

Installed Capacity

_________________________________

__________________________________

Average Selling Rate (in Rs.)

_____________________________________________

_____________________________________________

CAPITAL INVESTMENTAny expansion done in last 3 Years? Yes

If Yes, Yr. of Expansion: ________, Increase in Capacity (in %):_______

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0 No 0

Initial Capital Investment(on

Machinery & Equipment)

Rs. _________________________________

___________________

Details of

Capital Investment made as per Origin

al Book Value

Cumulative

till 2007-

08

Phase-I Expansion

Cumulative till 2010-

11

2008-09

2009-10

2010-11

2008-09

2009-10

2010-11

LandBuildin

gMachinery &

Equipment

OthersTOTAL

Category of the

unit (Please

)

Micro 0 Small 0 Medium 0 Large 0

NEED & PLANS FOR EXPANSION

Any Need & Plans for Expansion?

Yes 0 No 0 Don’t Know/Can’t Say 0

If Yes, would you like to be allotted land in a Developed

Industrial Estate? Yes 0 No 0

If Yes, How much land (in sq. mtr): ______________________________

Possible Locations: _______________________________________________

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__TURNOVER & CAPACITY

Financial Year 2008-09 2009-10 2010-11Value of Turn Over (in

Rs.)Value of Exports, if any (in

Rs.)Installed Capacity/Value

of ServicesCapacity Utilization (%)

Profit/Loss StatusProfit Making 0

Incurring Loss 0Do you have any other

company apart from this one? (Any Sister

Concern/Subsidiaries)

Yes 0 No 0

If Yes, No of Companies ___________________________________

Following are the main limitations of Marketing Research:

Marketing Research (MR) is not an exact science though it uses the techniques of science. Thus, the results and conclusions drawn upon by using MR are not very accurate.

The results of MR are very vague as MR is carried out on consumers, suppliers, intermediaries, etc. who are humans. Humans have a tendency to behave artificially when they know that they are being observed. Thus, the consumers and respondents upon whom the research is carried behave artificially when they are aware that their attitudes, beliefs, views, etc are being observed.

MR is not a complete solution to any marketing issue as there are many dominant variables between research conclusions and market response.

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MR is not free from bias. The research conclusions cannot be verified. The reproduction of the same project on the same class of respondents give different research results.

Inappropriate training to researchers can lead to misapprehension of questions to be asked for data collection.

Many business executives and researchers have ambiguity about the research problem and it’s objectives. They have limited experience of the notion of the decision-making process. This leads to carelessness in research and researchers are not able to do anything real.

There is less interaction between the MR department and the main research executives. The research department is in segregation. This all makes research ineffective.

MR faces time constraint. The firms are required to maintain a balance between the requirement for having a broader perspective of customer needs and the need for quick decision making so as to have competitive advantage.

Huge cost is involved in MR as collection and processing of data can be costly. Many firms do not have the proficiency to carry wide surveys for collecting primary data, and might not also able to hire specialized market experts and research agencies to collect primary data. Thus, in that case, they go for obtaining secondary data that is cheaper to obtain.

MR is conducted in open marketplace where numerous variables act on research settings.

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Limitations of the research:

1-As we know that people in India are narrow minded.They do not have faith in

people.so that ,they are not ready to fill questionnaire or share the data of their

company.They use to relate us with income tax department.

2-Many times,during visit to the company,we could not meet the concern person so

that we could collect data.

3-The different departments in a company is also a problem for data collection

because we have to go through different departments.

4-Some times they use to give false data,that directly affect the project work.

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45%

5%

50%

Chart TitleManufacturing company Service company total respondant

In sector-6 of Faridabad,total visits for filling questionarre are 167 and total respondant were 50

%,in which 45% are manufacturing company and 5% are service company

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