Premierseptember2015

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HR & Training

The Essence of Transformation

Team in Focus

Our Purchase Department

ENGINEERING RELIABILITY

Sunset Club

Loyalty Effect: Over 30 Years of Service

PREMIER'S METRO BOGIE PROJECT

CONTENTS SEPTEMBER 2015

EDIT DESK

End Under Frame of Alstom Kochi Project manufactured at Premier as part of Premier’s Metro Bogie Project. Dear Reader, 03

Cover Story Premier's Metro Bogie Project

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Divisional Updates

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In this issue of Premier Today, we introduce you to yet another key project taken up by Premier’s heavy engineering business, the very compelling Metro Bogie Project which we present on Page 3. In this section, we ÂœÂ™ÂŽÂŠÂ”ČąÂŠÂ‹Â˜ÂžÂ?ȹ Â‘¢ȹ ›Ž–’Ž›ȹŽ—Â?Ž›ŽÂ?ČąÂ?Â‘Â’ÂœČąÂœÂŽÂ?–Ž—Â?Ç°ČąÂ˜ÂžÂ›ČąÂœÂ™ÂŽÂŒÂ’Ä™ÂŒČą contribution to the manufacturing of metro bogies, our key achievements on the same, as well as people behind the scenes that are making the Metro Bogie Project possible.

HR & Training

Team in Focus

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Welcome Aboard

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The Sunset Club

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M A C H I N E S

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EDITORIAL Editorial Board K.G. Rathi, Rakesh Mehta, D.S. Totre, P.G. Salunkhe, R.M. Tavhare, Erica deSouza, K.S. Nair Editorial

Spenta Shroff, Nadia Lewis, Trishala Patel

Design

Anand Dhuri

Digital Imaging Ninad Jadhav, Rohit Naik, Tulshidas Chougule

SPENTA MULTIMEDIA PVT LTD

Peninsula Spenta, Mathuradas Mill Compound, N.M. Joshi Marg, Lower Parel (W), Mumbai – 400 013. Tel: +91-22-24811010 Fax: +91-22-24811021 Email: ho@spentamultimedia.com Website: www.spentamultimedia.com

PREMIER TODAY 2

Premier Today, a quarterly newsletter, is printed and published by Erica deSouza on behalf of Premier Ltd. Premier Today is printed at Spenta Multimedia Pvt. Ltd., Plot nos. 15, 16 & 21/1, Chikloli Village, Morivali M.I.D.C. Ambernath (W) - 421505. The views and opinions expressed or implied in Premier Today are those of the authors and do not necessarily reect those of Spenta Multimedia Pvt. Ltd or Premier Ltd. Unsolicited articles and transparencies are sent in at the owner’s risk and the publisher accepts no liability for loss or damage. Material in this publication may not be reproduced, whether in part or in whole, without the consent of Spenta Multimedia Pvt. Ltd. or Premier Ltd.

Our Divisional Update section on Page 9 sheds light on the progress our CNC Machines and Engineering divisions are making, especially our partnership with SECO that assisted us in our project for the renewable energy sector. Our HR & Training Update section on Page 10 talks about the various initiatives taken by Premier, such as the ‘TUV ‘Ž’—•Š—Â?Č‚ČąÂŒÂŽÂ›Â?’ęŒŠÂ?Â’Â˜Â—ČąÂ›ÂŽÂŒÂŽÂ’Â&#x;ÂŽÂ?ȹ‹¢ȹŽ–™•˜¢ÂŽÂŽÂœČŻÂŠČąÂœÂ™ÂŽÂŒÂ’Š•ȹ šžŠ•’Â?¢ȹ ŒŽ›Â?’ęŒŠÂ?Â’Â˜Â—Ç°Čą ÂŠÂœČą  ÂŽÂ•Â•Čą ÂŠÂœČą ÂœÂŽÂœÂœÂ’Â˜Â—ÂœČą Œ˜—Â?žŒÂ?ÂŽÂ?Čą Â?Â˜Čą train employees on the various welding functions in the engineering division. Our Team in Focus section introduces Premier’s Purchase Team working for the CNC Machines division that ŽěŽŒÂ?Â’Â&#x;Ž•¢ȹ Â™Â›Â˜ÂŒÂžÂ›ÂŽÂœČą Â?‘Žȹ ‹ŽœÂ?Čą šžŠ•’Â?¢ȹ ›Š ȹ –ŠÂ?ÂŽÂ›Â’ÂŠÂ•ÂœČą for the company, conscious of Premier’s high-quality requirements. Finally, our Sunset Club section celebrates some employees that have served, or are still serving, at Premier for more than 30 years. We hope you have a wonderful time reading our carefully Œ›ŠĞŽÂ?Čą –ŠÂ?Š£’—Žǯȹ Please write to us with your feedback at Ž›’ŒŠÂ?ÂŽÂœÂ˜ÂžÂŁÂŠČ“Â™Â›ÂŽÂ–Â’ÂŽÂ›ÇŻČą co.in. Cheers, Erica deSouza, Editor, Premier Today

Cover Story - Metro Bogie Project

ENGINEERING RELIABILITY PREMIER’S METRO BOGIE PROJECT

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n the last issue (the 23rd Issue of Premier Today), we gave you a broad overview of Premier’s heavy engineering division, its beginnings and evolution. In this issue, we would like to delve deeper and give you an indepth picture on another key project/product that our Company’s heavy engineering division manufactures—bogie frames and end under frames for railway metro bogies. Although historically Premier Ltd. has mainly been associated with cars, it is today more ę ¢ȱ ȱ ȱ Ȭ ¢ȱ ȱ machine (capital goods) and heavy engineering businesses located at its plant in Chinchwad, Pune. Quick to adapt to the changing times, this division today has built an enviable reputation for its products’ quality and reliability.

The Delhi Metro with the bogie frame manufactured by Premier through BEML.

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One of the top 6 companies in India exporting bogie frames and end under frames to international suppliers.

“Supporting metro-rail infrastructure development and ‘Make in India’ are key strategies for Premier...” — Mr. Maitreya Doshi Chairman & Managing Director, Premier Ltd.

3 www.premier.co.in

Cover Story - Metro Bogie Project

Why Premier entered the Metro segment “With India’s urban population likely to grow from 400 million in 2011 to over 600 million by 2030, there will be greater demand for quality and sophisticated transport solutions like metro rail and monorail, and this will ensure tremendous growth prospects for global transport infrastructure companies, at least for the next two decades. This lucrative demand and Œ˜—ęÂ?ÂŽÂ—ÂŒÂŽČąÂ’Â—ČąÂ˜ÂžÂ›ČąÂ?ÂŽÂŒÂ‘Â—Â’ÂŒÂŠÂ•ČąÂŠÂ—Â?ȹ–Š—žÂ?ŠŒÂ?ž›’—Â?ȹŽ¥™Ž›Â?Â’ÂœÂŽČąÂ•ÂŽÂ?Čą ›Ž–’Ž›ȹÂ?Â˜ČąÂŽÂ—Â?Ž›ȹ Â?Â‘Â’ÂœČąÂœÂŽÂ?–Ž—Â?Ç°Č„ČąÂœÂŠ¢ÂœČą ›ǯȹ ÇŻ ÇŻČą Š•ž—”‘Žǰȹ Â’ÂŒÂŽČą ›Žœ’Â?Ž—Â?Ç°Čą ŽŠÂ&#x;¢ȹ —Â?’—ŽŽ›’—Â?Čą Division.

Beginnings of the Metro Project in India ˜•”ŠÂ?ÂŠČąÂ˜Â™ÂŽÂ—ÂŽÂ?Čą —Â?Â’ÂŠČ‚ÂœČąÄ™Â›ÂœÂ?ȹ–ŽÂ?›˜ȹǝĹ—ĹœÇŻĹ›ČąÂ”Â–ǟȹ’—ȹ1984, but the project did —˜Â?Čą Â’Â—ÂœÂ™Â’Â›ÂŽČą Œ˜—ęÂ?ÂŽÂ—ÂŒÂŽČą ’—ȹ Â?‘Žȹ —Â?’Š—ȹ ˜Â&#x;Ž›—–Ž—Â?Čą Â?Â˜Čą ™›˜–˜Â?ÂŽČą Â?ž›Â?‘Ž›ȹ schemes.

Ž•‘’ȹ ÂŽÂ?Â›Â˜Čą Š’•ȹ ˜›™˜›ŠÂ?Â’Â˜Â—Čą Çť ǟȹ  ÂŠÂœČą ÂŽÂœÂ?Š‹•’œ‘ŽÂ?Čą ‹¢ȹ Â?‘Žȹ —Â?’Š—ȹ ˜Â&#x;Ž›—–Ž—Â?ȹŠ—Â?Čą Ž•‘’ȹ ˜Â&#x;Ž›—–Ž—Â?ȹ’—ȹ1995 to build a new metro system in the capital.

‘Žȹ Š—Â?ÂŠÂ•Â˜Â›ÂŽČą ÂŽÂ?Â›Â˜Čą ›˜“ŽŒÂ?ǰȹž—Â?Ž›Â?Š”Ž—ȹ’—ȹ2007, is being implemented by Â?‘Žȹ Š—Â?ÂŠÂ•Â˜Â›ÂŽČą ÂŽÂ?Â›Â˜Čą Š’•ȹ ˜›™˜›ŠÂ?Â’Â˜Â—Čą ’–’Â?ÂŽÂ?ȹǝ ǟȯÂŠČąÂ“Â˜Â’Â—Â?ČąÂ&#x;Ž—Â?ž›Žȹ‹¢ȹ Â?‘Žȹ —Â?’Š—ȹ ˜Â&#x;Ž›—–Ž—Â?ȹŠ—Â?Čą Š›—ŠÂ?Š”Šȹ ˜Â&#x;Ž—–Ž—Â?ÇŻ

The Chennai Metro project was approved by the Ministry of Urban Development in 2009ÇŻČą ‘Žȹ ˜Â&#x;Ž›—–Ž—Â?Čą ˜Â?Čą Š–’•ȹ ŠÂ?žȹ Œ›ŽŠÂ?ÂŽÂ?Čą Šȹ Â™ÂŽÂŒÂ’ÂŠÂ•Čą ÂžÂ›Â™Â˜ÂœÂŽČą ÂŽÂ‘Â’ÂŒÂ•ÂŽČąÂ?Â˜Â›ČąÂ’Â–Â™Â•ÂŽÂ–ÂŽÂ—Â?’—Â?ČąÂ?Â‘Â’ÂœČąÂ™Â›Â˜Â“ÂŽÂŒÂ?ÇŻČą

‘Žȹ ¢Â?Ž›Š‹ŠÂ?Čą ÂŽÂ?Â›Â˜ČąÂ’ÂœČąÂŠČąÂ™ÂžÂ‹Â•Â’ÂŒČŹÂ™Â›Â’Â&#x;ŠÂ?Žȹ™Š›Â?Â—ÂŽÂ›ÂœÂ‘Â’Â™ČąÂ™Â›Â˜Â“ÂŽÂŒÂ?Ç°ČąÂŽÂœÂ?’–ŠÂ?ÂŽÂ?Čą Â?Â˜Čą Œ˜œÂ?Čą Čą Ĺ˜ÇŻĹžČą Â‹Â’Â•Â•Â’Â˜Â—Ç°Čą Š—Â?Čą  Â’••ȹ ‹Žȹ ’–™•Ž–Ž—Â?ÂŽÂ?Čą Â?‘›˜žÂ?‘ȹ Šȹ ÂœÂ™ÂŽÂŒÂ’ÂŠÂ•Čą purpose vehicle.

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Bogie frames manufactured by Premier through BEML for DMRC RS 6 Project.

Passenger capacity per car for the Kochi Metro.

The Delhi Metro has... „ 6 lines of total length 189.63 kms „ 142 stations „ 35 underground stations

Cover Story - Metro Bogie Project

Body Shell Parts Fabrication

Body Shell Assembly

Painting & Installation ȱ Ĵ

Production Line Bogie Frame Component Fabrication

Bogie Assembly

Quality Assurance Bogie Frame Installation on the Body Shell

Bogie Finishing

Testing & Trial RunsBody Shell

Complete Delivery

Premier's contribution Bogie frame: This can be of inside frame

type where the main frame and bearings are between the wheels or, more commonly, of outside frame type where the main frame and bearings are outside the wheels. Suspension: This is to absorb shocks between the bogie frame and rail vehicle body.

At least one wheel set, composed of an

axle with bearings and a wheel at each end. Brake equipment: Two main types are

used—brake shoes that are pressed against the tread of the wheel, and disc brakes and pads.

Metro bogie components manufactured by Premier

Bogie Frame End Under Frame

Headstock A transverse structural member located at the extreme of the vehicle’s end under frame (EUF). The headstock supports the coupling at the end of the vehicle and may also ȱ ě ǯ

Bolster The central section of the bogie that carries the entire weight of the coach's under frame.

An end under frame, or locomotive frame, is the structure that forms the backbone of the railway locomotive, giving it strength and supporting the superstructure elements such as coach or body work.

A fabricated structure comprising mild steel in the range of grade ASTM 588 Grade B, main sub assemblies of bogie frame viz. side frame, transoms & headstock which are ȱ ȱ Ě ǰȱ webs, channels and ribs by welding process.

5 www.premier.co.in

Cover Story - Metro Bogie Project

Headstock assembly of the Alstom Kochi Project at Premier.

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Bogie frames manufactured by Premier within 18 months.

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End under frames being manufacturied by Premier through Alstom Transport for Kochi Metro Phase 1 Project.

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Bogie frames by Premier through Hyundai Rotem Company for DMRC RS 10 Project.

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End under frames by Premier under finalization through Alstom Transport for Sydney Metro, Australia.

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Hyundai Rotem Bogie Assembly, with the bogie frame manufactured by Premier.

Key Achievements Initial sets of metro bogies were built by ROTEM in South Korea, with later examples completed in India by public sector undertaking Bharat Earth Movers Limited (BEML). „ Ў›ȹ ‹Ž’—Â?Čą Š™™›˜ŠŒ‘ŽÂ?Čą ‹¢ȹ Čą ÂŠÂœČą Šȹ –ŠŒ‘’—’—Â?Čą ÂœÂ˜ÂžÂ›ÂŒÂŽČą Â?Â˜Â›Čą ‹˜Â?Â’ÂŽČą Â?Â›ÂŠÂ–ÂŽÂœÇ°Čą ›Ž–’Ž›ȹ Â?ŽŒ’Â?ÂŽÂ?ČąÂ?Â˜ČąÂŽÂĄÂ™Â•Â˜Â’Â?ČąÂ?Â‘Â’ÂœČąÂ˜Â™Â™Â˜Â›Â?ž—’Â?¢ȹŠ—Â?ȹ‹ž’•Â?ȹ’Â?ȹ’—Â?Â˜ČąÂŠÂ—ČąÂ’Â—ČŹÂ?Ž™Â?Â‘ČąÂ‹ÂžÂœÂ’Â—ÂŽÂœÂœČąÂ™Â›Â˜Â“ÂŽÂŒÂ?ǯȹȹ „ ‘Žȹ ‹’›Â?‘ȹ ˜Â?Čą ‹˜Â?Â’ÂŽČą Â?Â›ÂŠÂ–ÂŽÂœČą –Š—žÂ?ŠŒÂ?ž›’—Â?Čą ‹ŽÂ?Š—ȹ  Â’Â?‘ȹ ’—’Â?’Š••¢ȹ Ĺ—ĹœČą ž—’Â?ÂœČą ’—ȹ Ĺ˜Ĺ–Ĺ–Ĺ&#x;Čą Â?Â˜Â›Čą Čą ČąĹšČąÂ™Â›Â˜Â“ÂŽÂŒÂ?ÇŻČą „ —ȹ œžŒŒŽœœÂ?ž••¢ȹ Œ˜–™•ŽÂ?’—Â?Čą Â?‘Žȹ Â?›’Š•ȹ ˜›Â?Ž›ȹ Š—Â?Čą Šœœž›’—Â?Čą Â?‘Žȹ Œ•’Ž—Â?Čą Čą ˜Â?Čą ‘’Â?‘ȏšžŠ•’Â?¢ȹ ‹˜Â?Â’ÂŽČąÂ?Â›ÂŠÂ–ÂŽÂœÇ°ČąÂŠČąÂ?ž›Â?Â‘ÂŽÂ›ČąÂ˜Â›Â?ÂŽÂ›ČąÂ˜Â?Čą Čą ČąĹœȹ ÂŠÂœČąÂ›ÂŽÂŒÂŽÂ’Â&#x;ÂŽÂ?ǯȹȹ „ —ȹ ŠÂ?Â?Â’Â?Â’Â˜Â—Čą Â?Â˜Čą Ç°Čą Â?‘Žȹ ˜–™Š—¢ȹ —˜ ȹ ÂœÂžÂ™Â™Â•Â’ÂŽÂœČą Â?Â˜Čą ˜Â?‘Ž›ȹ ™›ŽœÂ?Â’Â?Â’Â˜ÂžÂœČą ‹›Š—Â?ÂœČą •’”Žȹ •œÂ?Â˜Â–ČąÂ˜Â?Čą Â›ÂŠÂ—ÂŒÂŽČąÂŠÂ—Â?Čą ¢ÂžÂ—Â?Š’ȹ ˜Â?ÂŽÂ–ČąÂ˜Â?Čą Â˜Â›ÂŽÂŠÇŻČą „ Ž›Â?’ęŽÂ?ČąÂ?Â˜Â›ČąÂ’Â—Â?Ž›—ŠÂ?Â’Â˜Â—ÂŠÂ•ČąÂœÂ?Š—Â?Š›Â?Čą ČąĹ—Ĺ›Ĺ–ĹžĹ›ČŹĹ˜ČąÂ?Â˜Â›ČąÂ–ÂŠÂ—ÂžÂ?ŠŒÂ?ž›’—Â?ČąÂ˜Â?ČąÂŒÂ•ÂŠÂœÂœČąĹ—ČąÂ›ÂŠÂ’Â• ÂŠ¢ȹ Œ˜–™˜—Ž—Â?ÂœÇŻČą

Cover Story - Metro Bogie Project Alstom & Premier 21 trains of 168 end under frame (EUF) orders for Kochi Metro to be manufactured over a period of 13 months. ȱ ȱ ȱŗŚȱ ę ȱ ȱ ȱ 6 expert engineers. ŗŗȱ ȱǭȱę¡ ȱ ȱ ȱ ȱ inhouse to ensure quality and productivity. Quality checks at 93 stages. ¢ȱ ȱ ȱ ŗŗȱ ȱ ȱ ȱ ȱ ȱ ȱŗŞȱ ȱ ȱ ȱ ȱ EUF.

Mr. F. Scafarto, Supplier Products & Quality Developer, Director - Alstom Visit to Premier.

ȃ ȱ¢ ȱ ȱ¢ ȱ ȱ ȱ ȱ ȱę ȱ under frame project with Alstom. We appreciate the Management's proactive approach and dedication towards this partnership,” — Mr. F. Scafarto, Director (Supplier Products & Quality Developer), Alstom.

Hyundai Rotem Visit to Premier.

Hyundai Rotem & Premier An order of 554 bogie frames is being received for DMRC RS 10 Project, and is to be manufactured over 20 months. ȱ ȱ ȱ ŘŘȱ ę ȱ ȱ ȱŞȱ ¡ ȱ ǯ řŚȱ ǰȱ ę¡ ȱ ǭȱ ȱ designed and manufactured inhouse to ensure quality and productivity. Quality checks at 109 stages. ¢ȱ ȱ ȱ ŗŞȱ ȱ joints in one bogie frame. "Working with the team at Premier has been a great experience as they have met our expectations at all levels. The ȱ ȱ ȱ ¢ȱ ȱ ě ȱ and has enabled us to keep projects well within budgets," — Mr. J.H. Kim, Deputy General Manager Head of Quality, Hyundai Rotem.

BEML & Premier 274 bogie frames manufactured over a period of 18 months. ȱ ȱŘŚȱ ę ȱ ȱ ȱ 6 expert engineers. ŘŘȱ ȱ ǭȱ ę¡ ȱ ȱ ȱ manufactured inhouse to ensure quality and productivity. Quality checks at 90 stages. ¢ȱ ȱ ȱ ŜŘȱ ȱ joints in each bogie frame.

BEML Bogie Frame.

"Within this fast-paced industry of high demand, Premier Ltd. has proven itself to be an extremely reliable fabrication and machining shop that gives honest delivery, pricing, and quality which every customer expects," — Mr. B.L. Manjunath, Chief General Manager (Metro - Production), BEML.

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Cover Story - Metro Bogie Project Some people behind the scenes working on the Metro Bogie Project...

NARENDRA GODBOLE Having been with Premier since he was 20 years of age, Narendra—currently Assistant Manager of Tool Design in the Engineering Division—is responsible Â?Â˜Â›Čą ꗊ•’£’—Â?Čą Â?‘Žȹ Â?ÂŠÂœČŹÂŒÂžÄ´Â’Â—Â?Čą Â?›Š Â’—Â?Čą for the metro bogie project, estimating the plate material, taking care of the assembly and preparing welding ę¥Â?ž›ŽȹÂ?Žœ’Â?Â—ÂœČąÂ?Â˜Â›ČąÂ?Â‘ÂŽČąÂœÂžÂ‹ČŹÂŠÂœÂœÂŽÂ–Â‹Â•¢ǯȹ

SATISH LOKHANDE Â’Â?‘ȹ Ž¥™Ž›Â?Â’ÂœÂŽČą ’—ȹ Š‹›’ŒŠÂ?Â’Â˜Â—Čą Production & Welding, Satish's career spans over 12 years and he is ŒŽ›Â?’ęŽÂ?Čą ÂŠÂœČą Š—ȹ —Â?Ž›—ŠÂ?Â’Â˜Â—ÂŠÂ•Čą Ž•Â?’—Â?Čą ŽŒ‘—˜•˜Â?Â’ÂœÂ?ÇŻČą Â’ÂœČą –Š’—ȹ ›Žœ™˜—œ’‹’•’Â?¢ȹ Â’ÂœČą Â?Â˜Čą –˜—’Â?Â˜Â›Čą Š••ȹ  ÂŽÂ•Â?’—Â?ȏ›Ž•ŠÂ?ÂŽÂ?Čą activity of the Alstom Kochi Project and Hyundai Rotem Project as per ŒžœÂ?Â˜Â–ÂŽÂ›ČąÂœÂ™ÂŽÂŒÂ’Ä™ÂŒÂŠÂ?Â’Â˜Â—ÇŻ

YASHWANT SALUNKHE Šœ‘ ÂŠÂ—Â?Č‡ÂœČą Ž¥™Ž›Â?Â’ÂœÂŽČą ÂœÂ™ÂŠÂ—ÂœČą ˜Â&#x;Ž›ȹ Ĺ˜Ĺ?Čą years in Quality Assurance and he is presently working on Alstom’s —Â?Čą —Â?Ž›ȹ ›Š–Žȹ Â˜ÂŒÂ‘Â’Čą ™›˜“ŽŒÂ?ÇŻČą Â’ÂœČą work includes developing system requirements for this project and overseeing the development of these products from the initial stages up ž—Â?’•ȹÂ?’œ™ŠÂ?Œ‘’—Â?ČąÂ?Â‘ÂŽČąÄ™Â—Â’ÂœÂ‘ÂŽÂ?ČąÂ?Â›ÂŠÂ–ÂŽÂœČąÂ?Â˜Čą ŒžœÂ?Â˜Â–ÂŽÂ›ÂœČąÂ˜Â—ČąÂœÂ’Â?ÂŽÇŻ

Future Initiatives Â’Â?‘ȹ Šȹ ›Ž™Ž›Â?Â˜Â’Â›ÂŽČą ˜Â?Čą Â?ÂŽÂŒÂ‘Â—Â’ÂŒÂŠÂ•Čą Ž¥™Ž›Â?Â’ÂœÂŽČą Š—Â?Čą ™˜Â?Ž—Â?’Š•ȹ ’—ȹ design & application, Premier plans to develop its inhouse facilities to cater to the requirements of railway wheel and ÂŠÂĄÂ•ÂŽČąÂ–ÂŠÂŒÂ‘Â’Â—Â’Â—Â?ÇŻ Besides manufacturing and supplying bogie frames for BEML Bengaluru for DMRC Project (as an import substitute), other plans include the following:

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„ Manufacturing bogie frames for the Sydney Metro/ headstock & bolster assembly for Smart Metro for •œÂ?Â˜Â–Čą ›˜“ŽŒÂ?ÂœÇŻ „ —Â?Čą ž—Â?Ž›ȹ Â?›Š–ŽȌ ‘ŽŽ•ȹ Ç­Čą Š¥•Žȹ –ŠŒ‘’—’—Â?ČŚÂ‹Â˜Â?Â’ÂŽČą ŠœœŽ–‹•¢ȹÂ?Â˜Â›Čą ¢ÂžÂ—Â?Š’ȹ ˜Â?Ž–ǯ „ ˜Â?Â’ÂŽČąÂ?Â›ÂŠÂ–ÂŽÂœČąÂ?Â˜Â›Čą ČąÂ?Â˜Â›Čą ȹŗřȹ ›˜“ŽŒÂ?ÇŻ „ ˜Â?Â’ÂŽČąÂ?Â›ÂŠÂ–ÂŽÂœČąÂ?Â˜Â›Čą ȹȎȹ Â˜ÂŒÂ˜Čą Â˜Â›Čą ŠÂ?‘Ž™ž›Šǰȹ ’‘Š›ȹ™•Š—Â?ÇŻ

Divisional Update

Premier employees examining machining tools supplied by SECO.

Partnership in Wind Power

ȱ ȱ ȱ Ğ ȱ FAST FACT have large boring application processes with very close geometrical tolerances Reduction in ȱ ȱ ȱ ę ȱ component cycle requirements. time through To manage such high Premier & SECO’s productivity demands, partnership. Premier teamed up with SECO, one of the world’s largest providers of comprehensive Ȭ Ĵ ȱ ȱ ȱ ȱ ȱ ¡ ȱ ȱ ȱ ȱ ȱ ¡ ǰȱ ȱ ȱ to share responsibilities in 2007 with Premier’s valueinspired project for the renewable energy sector.

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Team Premier & Team SECO during a discussion on the tooling proposal. Premier's wind turbine casting machining project represents a bold commitment to the nation’s renewable energy sector. Premier created a highly specialized production unit that spread over 20,000 sq m to cater to higher customer needs and provide adequate engineering solutions.

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Premier’s CNC Machines division is a market leader in the machine tool industry, engaged in producing machines widely used in all industrial segments promoting automobile, aerospace, power generation, railways, defence, etc.

PTB Machines produced by Premier till date.

The PTB-150: the CNC vertical turning machine model.

The journey initiated from manufacturing conventional machines to now high-speed CNC ȱ Ĵ ȱ ǰȱ ȱ turning machines and special purpose machines which cater to the increasing global demand. Premiere’s PTB series of machines comes with a standard ram of 240 mm which holds the turning and milling tools either steady or live. The PTB machine provides components for the power sector, like turbine rotor and stator, as well as those for locomotive and rail coaches, defence components and the machining of large size valves.

9 www.premier.co.in

HR & Training Update Obituaries Premier Ltd. recently suffered an unfortunate loss with the untimely death of two key employees.

MR. MOHAN D. ADHIKARI

MR. V. MURUGAN

¢ȱ ȱ ȱ ȱ ¢ȱ ȱ ȱ ǰȱ ȱ ¢ȱ ȱ ǯȱ ȱ ȱ ȱ ȱ řśȱ¢ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱŘŜ ȱ ȱ ŘŖŗśǯ

ȱ ȱ ȱ ȱ ȱ ŘŚȱ ¢ ǰȱ ǯȱ ȯ ȱ ǰȱ ȱ ǭȱ ȱ ¢ǰȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ řŖ ȱ ¢ȱ ŘŖŗŚȯ ¢ ȱ ȱ ȱ ȱ ȱ ȱ ¢ȇ ȱ ȱ ǯȱ

Singapore International School Factory Visit ȱ ȱ ě ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ¢ȱ ȱ ǰȱ ȱ ¢ ȱ ȱ ȱ ŞŖȱ ȱ ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ Ȭ Ȭ Ȭ ȱ ȱ ȱ ȱ ȱ ȱ řŗ ȱ ¢ȱ ŘŖŗśȱ ȱ ¡ ȱ ȱ ȱ ȱ ȱ ǯȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ

Students learning the know-how of working in the manufacturing industry. ¢ȱ ǰȱ ȱ ȱ ȱ ȱ ¢ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ǯȱ “The interesting questions asked by the students ȱ ȱ ȱ ¢ȱ ȱ Ĵ ȱ ȱ ȱ ȱ ȱ ȱ experience,” ȱ ǯȱ ǰȱ ȱ ȱ ȱ ȱ ȱ ǰȱ ǯȱ

Performance Enhancement ¢ȱ ȱ ȱ ȱ ȱ ȱ FAST FACT ȱ ȱ ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ ȱ řŞřŚȬŘȱ ȱ ȱŗśŖŞśȬŘȬ ȱŗȱ Employees received a ę ȱ ȱ ę ȱ ‘Visual Testing certification ¢ȱ ȱ ȱ from TUV Rheinland. ȱ ǯȱ ȱ ȱ ȱ ȱ ȇ ȱ ȱ ȱ ȱ ȱ ȱ ¢ȱ ȱ ȱ ȱ ȱ ȱ ȱ ǰȱ ȱ ȱ ǰȱ ǰȱ ǰȱ ǰȱ ¢ ȱ ȱ ǭȱ ¢ȱ ȱ ȱ ȱ ȱ ǯ ȱ ȱ ȱ ȱ ę ȱ ȱ ȱ ȱ ¢ȱ ȱ ǰȱ ȱ ¢ȱ ȱ ȱ £ ȱ ȱ ȱ ȱ ǰȱ ¢ȱ ȱ ę ȱ ǰȱ ȱȱ ǯȱ ǰȱ ȱ ȱ ¡ ǯȱ

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Training being provided to employees to qualify them as welders and welding coordinators.

PREMIER TODAY 10

"Training and development is vital to any organization and Premier takes it extremely seriously. Yet, to reach a leadership position, we need to emphasize the kind of programs we use to improvise performance and productivity," ¢ ȱ ǯȱ ǯ ǯȱ ǰȱ ȱǻ Ȧ ȱǭȱ Ǽǯ

HR & Training Update Employees being trained on safety protocols.

FAST FACT

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Employees attended the safety-related workshops in 2015.

Safety First

For the 45th consecutive year, Premier celebrated the Safety week from 4th March to 11th March 2015 covering œŽÂ&#x;Ž›Š•ȹÂ?’쎛Ž—Â?ČąÂ?Â˜Â™Â’ÂŒÂœČŚÂœÂŽÂœÂœÂ’Â˜Â—ÂœČąÂ›ÂŽÂ•ÂŠÂ?ÂŽÂ?ČąÂ?Â˜ČąÂœÂŠÂ?ÂŽÂ?¢ǰȹ‹˜Â?‘ȹŠÂ?ČąÂ?‘Žȹ Â˜Â›Â”Â™Â•ÂŠÂŒÂŽČąÂŠÂœȹ ÂŽÂ•Â•ČąÂŠÂœČąÂ™ÂŽÂ›ÂœÂ˜Â—ÂŠÂ•ČąÂœÂŠÂ?ÂŽÂ?¢ǯȹČˆ —•’”Žȹ other companies, Premier does not concentrate on spreading awareness about safety only during the safety week; it is an all-year process, with several competitions and programs organized to demonstrate the ’–™˜›Â?ÂŠÂ—ÂŒÂŽČąÂ˜Â?ČąÂœÂŠÂ?ÂŽÂ?¢ȹŠÂ?Čą Â›ÂŽÂ–Â’ÂŽÂ›Ç°ČˆČąÂœÂŠ¢ÂœČą ’œŒ‘ŠÂ?Čą Š•Š–ǰȹ Š—ŠÂ?Ž›ǰȹ ȹǭȹ Ç°Čą ›Ž–’Ž›ȹ Â?Â?ÇŻ

Premier's Annual Blood Donation Drive

A volunteer at the Annual Blood Donation Camp.

In association with Sahyadri Hospital, Premier Ltd. organized its 7th Annual Blood Donation Camp on 20th March 2015 for all its employees at its FAST FACT manufacturing plant in Pune where 115 Premier- ites donated blood voluntarily, Units of blood recording a collection collected at Premier of 76 units of blood Ltd in 2015. this year.

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The excited womenfolk celebrating Women's Day.

Wonderwomen in the Premier Workforce ÂœČąÂ™ÂŠÂ›Â?ČąÂ˜Â?Čą Â˜Â–ÂŽÂ—Č‡ÂœČą Š¢ȹŒŽ•Ž‹›ŠÂ?Â’Â˜Â—Ç°ČąÂŠÂ•Â•ČąÂ?‘Žȹ Â˜Â–Ž—ȹŠÂ?Čą ›Ž–’Ž›ȹÂ&#x;Â’ÂŽ ÂŽÂ?ČąÂ?‘Žȹꕖȹȇ —Â?Â•Â’ÂœÂ‘Čą ’—Â?Â•Â’ÂœÂ‘Č‡ÇŻČąČˆ ‘Žȹꕖȹ –ŠÂ?ÂŽČąÂžÂœČąÂ?Â‘Â’Â—Â”ČąÂ˜Â?ČąÂ?Â‘ÂŽČąÂ›Â˜ÂŠÂ?ČąÂ?›ŠÂ&#x;Ž••ŽÂ?ČąÂ?Â‘ÂžÂœČąÂ?Š›ǰȹŠ—Â?ČąÂœÂŽÂ?ČąÂ˜ÂžÂ›ČąÂœÂ’Â?‘Â?ÂœČąÂ˜Â—ČąÂ?‘Žȹ—Ž¥Â?ČąÂ?Š›Â?ÂŽÂ?Ç°Čˆ said Ms. Sheral Anand, Assistant Manager (Commercial - Machines Division). „ ‘Žȹ’—’Â?’ŠÂ?Â’Â&#x;Žȹ‘’Â?‘•’Â?‘Â?ÂŽÂ?ČąÂ?‘ŽȹÂ?’쎛Ž—Â?ČąÂ›Â˜Â•ÂŽÂœČąÂ?‘ŠÂ?ȹŠȹ Â˜Â–Š—ȹ™•Š¢ÂœČąÂŠÂ—Â?ČąÂ‘Â˜ ȹÂœÂ‘ÂŽČąÂŽÂĄÂŒÂŽÂ•ÂœČąÂ’Â—ČąÂŠÂ•Â•ČąÂ˜Â?ČąÂ?‘Ž–ǯȹ „ Another company initiative included organizing a special gynaecology and dermatology camp exclusively for the female employees.

11 www.premier.co.in

Team in Focus The Machines Division Purchase Team, focused on procuring the best quality raw materials.

The Dream Team

The Purchase Department is the backbone of Premier's CNC Machines business, with a clear focus on procuring the best quality raw materials at competitive pricing and delivering them to the production department on time. "Good purchasing practices are integral to our business „ Cost saving recognized; by various substituted success," says Mr. Rakesh Mehta, Vice President & Head imported items intead of indigenous items, without Materials. The Purchase department not only handles compromising the quality, as well as by a reduction in domestic purchases but is also responsible for importing delivery lead time. special items from countries like Japan, Germany, Taiwan, „ Cost reduction of CNC of Hobbing Machine by more Â?Š•¢ǰȹ ÂŽÂ?ÂŒÇŻÇ°Čą ÂŠÂœČą ™Ž›ȹ ÂœÂ™ÂŽÂŒÂ’Ä™ÂŒČą —ŽŽÂ?ÂœČą Â?Žę—ŽÂ?Čą ‹¢ȹ Â?‘Žȹ Žœ’Â?—ȹ than 25%, with constant follow-up and co-ordination department. with Fanuc by our Design & Materials team. „ Developing and maintaining a strong and loyal supplier Key Achievements over the past two years: base; many of our suppliers have been in business with „ 90% timely delivery; very rarely the production is us for more than 25 years. hampered due to non-availability of material in time.

Meet the Purchase Team: Mr. Dinesh S. Shirgaokar – Assistant General Manager, heads the Purchase department of Premier's CNC Machines business and oversees all department activities. Mr. Mahesh R. Deo – Assistant Manager, Material Dept., is responsible for procuring proprietary, bearings & maintenance items.

Mr. Ajit H. Pandhare – Executive, possesses indepth knowledge on materials required by Premier. Mr. Chandrashekhar S. Tisgaonkar – Assistant Manager, is armed with over 26 years of experience in Â?‘ŽȹꎕÂ?ČąÂ˜Â?ȹ–Š—žÂ?ŠŒÂ?ž›’—Â?ȹǭȹ™›˜Œž›Ž–Ž—Â?ČąÂ˜Â?ČąÂŒÂŠÂœÂ?’—Â?ÂœÇ°Čą and has developed expertise in the same.

Mr. Prakash D. Mali - Executive, is responsible for Mr. Sunil N. Nadarge – Assistant Manager, is procuring consumables, printing material, tools, etc. responsible for sheet-metal components, hydraulic ęĴ’—Â?ÂœČą Ç­Čą Â˜Ä›ČŹÂ?Â‘ÂŽČŹÂœÂ‘ÂŽÂ•Â?Čą Â–ÂŽÂŒÂ‘ÂŠÂ—Â’ÂŒÂŠÂ•Čą Â’Â?ÂŽÂ–ÂœČą ›Žšž’›ŽÂ?Čą Â?Â˜Â›Čą Mr. Rajendra S. Borkar – Manager, is mainly machine assembly. responsible for vendor development activity. Mr. Kishor R. Potnis - Executive, specializes in procuring castings for hobbing machines and steel parts.

Mr. Sanjay S. Kandhare – Manages the Â?˜Œž–Ž—Â?ŠÂ?Â’Â˜Â—Čą ˜Â?Čą –ŠÂ?Ž›’Š•ȹ ÄšÂ˜Â Čą ˜Â?Čą Â?‘Žȹ Â&#x;Ž—Â?Â˜Â›Čą development department.

Mr. Rahul S. Chavanȹȏȹ ÂĄÂŽÂŒÂžÂ?Â’Â&#x;Žǰȹ–Š’—•¢ȹÂ•Â˜Â˜Â”ÂœČąÂŠÄžÂŽÂ›Čą Mr. M. John Paul – Trainee, is still learning the tricks procurement of proprietary items. of the trade. Mr. Kishor B. Bangar – Assistant Manager, is mainly responsible for procurement of small machined items for assembly.

PREMIER TODAY 12

Mr. Shailesh B. Kulkarni - Responsible for overall data management & document control.

Welcome Aboard

Premier Welcomes... the new recruits across several departments. We introduce a few of them below.

NILESH M. BHOR

Nilesh Bhor, originally from Manchar village, was fascinated with machines since his early childhood. He has a mechanical engineering degree from Nasik and joined Premier Ltd. as an Executive (Design) in the CNC Machines division. Working under Mr. S.D. Joshi, General Manger, Machines division, he designs new machines and suggests various alterations for existing machines to meet and satisfy customer requirements. "The journey so far has been extremely rewarding in terms of knowledge building and gaining appreciation for my work when due.”

SUMIT RANKA

ȱ ȱ ȱ ę Ȭ ȱ ǰȱ ȱ graduated from R.A. Poddar College and went on to pursue a degree in Chartered Accountancy and Company Secretary. Prior to joining Premier, Sumit had 5 years of work experience in accounting, taxation & assurance services in various industries. At Premier, Sumit adheres to Statutory Compliances ȱ ¢ȱ ě ȱę ȱ ȱ ȱ ȱ governance, liasioning with auditors, assisting CFO in business plans, strengthening Internal Controls and Management Information Systems (MIS).

KARAN MOHTA Karan joined Premier as a Legal Manager on a consultancy basis and works under Mr. R.M. Tavhare. Holding a bachelors degree in law from the Government Law College, Mumbai, and equipped with 5 years of varied legal experience, he is entrusted with various important litigation Ĵ ȱ ȱ ȱ ȱ ě ȱ ǯȱ ȱ dog lovers, Karan and his wife Aanchal are in the ȱ ȱ Ĵ ȱ ȱ ȱ Ȭ ȱ ȱ ȱ the sale of dog products called "It's A Dog's Life!"

FEEDBACK ON ISSUE

Words of Appreciation

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Premier Today is very interesting and informative, and provides a very good image of the company. MR. MULLER & MR. LEO PRAKASH, TUV GERMAN AUDITOR (INDIA).

Premier Today is fantastic and talks about the company as well as the foundation in a nice mix. Also the content is very good. Thank you for sharing it with us. ASHISH MEHTA, PRODUCTION MANAGER, WHITE COPPER ENTERTAINMENT PVT. LTD & VINOD DOSHI FELLOW IN THE PERFORMING ARTS.

Received the latest issue of "Premier Today". Very happy to know the progress and also the various activities going on at Premier. K.S. KUMAR, EX-EMPLOYEE OF PREMIER LTD.

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Sunset Club

The Loyalty Effect: Over 30 Years of Service Employee loyalty is an increasingly rare feature these days, where most employees are considered to be less ¢ ȱ ȱ ¢ȱ ȱę ȱ¢ ȱ ǯȱ ȱ ȱ ȱ ȱ ¢ ȱ ¢ ȱ ȱ ȱ ȱ ȱ ȱ ¢ ǯȱ Ğ ȱ ǰȱ ȱ Ȭ ȱ ȱ ȱ ¢ȱ ¢ȱ ȱ ¢ȱ ȱ ȱ ¢ȱ ȱ ȱ ȱ ȱ ȱ

¢ ¢ǯȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ ¢ ǰȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ řŖȱ¢ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ¢ǯȱ ȱ ǯȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ¢ ȱ ¢ Dzȱ ȱ ȱ ȱ ȱ ȱ ǯ “Loyal employees are the gold mines of our Company and are responsible for our business’s success. They’re the ones who catapult the company into the ranks of industry leaders.”ȯ ǯȱ ¢ ȱ ǰȱ ȱ ǭȱ ȱ ȱ ȱ ȱ ǯȱ

36 Mr. Mankikar: Flooded with nostalgic memories of virtually a lifetime.

MR. K.D. MANKIKAR

ȱ ȱ ȱ ȱ ȱ ȱ ¢ȱ ȱ ǰȱ ǯȱ ǯ ǯȱ ȱ ȱĚ ȱ ȱ ȱ ȱ ȱ ¢ȱ ȱ ǯȱ Ȉ ȱ ȱ Ĝ ȱ ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ Ğȱ ȱ ǰȈȱ ȱ ¢ ǯȱ

ȱ ȱ ȱ ǰȱ ǯȱ ȱ ȱ ȱ ¢ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ę ǰȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ ǯ

ǯȱ ȱ ȱ ě ȱ ȱ ȱ ¢ ȱ ¢ Ȃ ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ Ȉ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ ȱ ȱ ŗŚŖŗȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ Ğ ȱ ȱ ȱ ȱ ¢ȱ ȱ ȱ ȱ ȱ ¢ ǯȱ ȱ ǰȱ ȱ ȱ ȱ ¡ ȱ ȱ ȱ ȱ ¢ȱ ȱ Ğ ȱ ¢ȱ ȱ ǯȱ ȱ ȱ ¢ǰȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ǭȱ ȱ ǻ ǭ Ǽȱ assignments, but later on “I must say, while what we learnt ȱ ȱ ȱ ǰȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ branched into gaining exposure at the Management school was the ȱ ȱ ę ȱ ȱ ȱ ȱ on all that was pertaining to £ ǯȱ Ȉ ȱ ȱ foundation and the framework, what ȱ ȱ ǯȱ ȱ ȱ ¢ȱ ȱ ȱ ¢ȱ ȱ ȱ ǰȈȱ my initial days of employment we got to know at Premier was the ȱ ǯȱ Ȉ ȱ ȱ ȱ ȱ ȱ ȱ ȱ approach was the mainstay of ȱ ȱ ȱ ȱ ȱ ȱ HGLğFH RQ ZKLFK RXU FDUHHU ZDV ȱ ȱ ȱ ȱ Automobiles and they used to the multifarious personalities ¡ ǰȱ ȇ ȱ Ƿȇȱ ȱ ¢ȱ built. I owe every success of my life ȱ ȱ ě ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ to Premier." ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ ȱ Ĵ ȱ ȱ ǰȈȱ ȱ ǰȈȱ ȱ ǯ ¡ ȱ ǯȱ ǯ — Mr. Mankikar

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Sunset Club

35 MR. KUMTEKAR Mr. Kumtekar, who joined the pioneering industry for Machine Tools, served the Company for over 35 years in various departments ranging from Industrial Engineering to Planning. "The diverse exposure one gets is rewarding in itself. Not only does it facilitate career growth but it also helps one to grow as an individual ȱ ȱ ȱ ę ȱ ȱ Ȭ ȱ ¢ǯȈȱ Mr. Kumtekar: "I feel very proud to be a member of the Premier family, who gave me such a beautiful platform to work on."

Mr. Kumtekar: Grateful for the diverse exposure gained at Premier Ltd.

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"Each day, I look forward to the camaraderie & friendly competition ȱ ȱ ȱ ȱ ȱ Ě ǯȱ We share our best practices and concentrate on expanding our combined knowledge base." Mr. D.M. Mokashi, Asst. Manager Application, Machines Division, 37 years at Premier.

"I joined Premier only to see Mumbai...but this Company gave me enough to stay back..." Mr. Rakesh Mehta, Vice President, Materials & Administration, 33 years at Premier.

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"In my position, I have the chance to think outside the box and identify new solutions while continuing to learn and grow in my role." Mr. P.J. Patil, Sr. Manager, Design, Machines division, 34 years of service at Premier.

"Premier has an open culture, a great work environment, ȱ ě ȱ ȱ ȱ ȱ belonging to employees, which is conducive to future growth.” Mr. R.R. Chavan, CNC Machinist, 35 years at Premier.

"At the end of the day, I receive great satisfaction knowing that I have contributed to the collective growth of the company." Mr. G.D. Naik, Executive Cost Accounts, 36 years at Premier.

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"Premier allows me to maintain a good work–life balance. I thoroughly enjoy the culture and overall, my team makes my job fun! Mr. N.M. Godbole, Asst. Manager Tool design, Engineering division, 33 years at Premier.

"Premier values hard work, ȱ ȱ Ĵ ȱ ȱ Ȭ ȱ ǯȱ ȱ this, coupled with Premier's success, makes it the perfect place to work!” Mr. R.M. Kunjir, Job Inspector, 33 years at Premier.

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Ȉ ȱ ȱ ¢ȱ Ě ȱ organizational structure, Premier encourages innovative thinking and gives everyone a sound hearing, regardless of the seniority of the individual." Mr. S.A. Lokhandeǰȱ Ĵ ǰȱ 33 years at Premier.

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C N C

M A C H I N E S

E N G I N E E R I N G

Premier Ltd. 58, Nariman Bhavan, Nariman Point, Mumbai – 400021 | 022 – 61179000

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