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Home / Campus Blog Category / IILM Institute for Higher Education / Company Visit to Viney Corp – Manufacturer of Auto Parts for BMW , Rolls Royce

Company Visit to Viney Corp – Manufacturer of Auto Parts for BMW , Rolls Royce

IILM Institute for Higher Education, IILM Undergraduate Business School11 OctoberNidhi Piplani

Our company visit to “Viney Corporation Limited” was an enriching learning experience for all of us. It was a well planned visit by Mr. Anant Aggarwal, Director of Viney Corp, Student of SBS Stage 1. Viney Corp was established in 1989. This company is a leading manufacturer of various auto-parts which includes wiring harness, terminals, connectors and wires. It has 11 manufacturing plants in India and 2 in Europe employing around 3000 skilled and semi-skilled laborers. The company has shown immense grown in the last few years through both organic and inorganic ways. In 2011, the growth rate of the company has drastically gone up by acquiring 70% stake in shareholding of an Italian based company named “Vimercati SPA”.

 

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The objective of the visit was to understand the manufacturing process of auto-parts. This company visit gave us insights into the manufacturing process of wiring harness, connectors and wires. The live manufacturing process of the wiring harness was shown which starts with cutting wire through automatically operated machines, which further goes into dye’s which are used in machine. Furthermore, the live manufacturing process of the various car switches and connectors were shown. In addition to this a lot of detailing was given to us on the machines and its manufacturing process. All the products manufactured in this plant are assembled and given a finished shape in its Italy plant. The company has gone into backward integration to reduce its cost over a period of time. Other learning experience of the visit included discussion on the cost of machinery, handling of labor, CSR activity, inventory system, clientele, growth process and cost reduction. This company visit was truly a mind-boggling and thought provoking experience for all the mentors and mentees.

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