Electronics with its wide and varied applications have attained the status of an all pervasive industry today. The world electronics scene has undergone profound and breathe taking changes, it has penetrated every field in consumer and capital goods. From fan regulators to airplane instrument, electronics has taken over and posses a threat to render obsolete all electro-mechanical controls and relays. Next to inflation and population, electronics seems to be an explosive growth.
Mankind has witnessed significant progress in wide variety of disciplines; especially nuclear energy and space science have displayed the highest growth rate. The most vital contributor to their remarkable space is electronics. Electronics enabled to probe the unknown vast expenses of space .the rate of growth of electronics industry in any country is considered to be an indicator of the industrial and social progress. A nation decisions of getting into the forefront of industrialization can ill-afford to neglect the vital industry, strengthening of which would give a direct impetus to economic growth.
Today electronics pervades diverse fields of endeavor-nuclear energy, space industry, communications, defense, medicine, agriculture etc are only a few to name it is ever expanding with a tremendous pace. Electronics occupies a key position in modern science and technology. It has a vital role to play in field of atomic energy, space, communications, defense, education, agriculture, manufacture, services, entertainment, and employment generation and in taking national development essential for improving productivity and quality of life.
[...] Uses of Funds Flow Statement: Funds flow statement helps the financial analyst in having a more detailed analysis and understanding of changes in the distribution of resources between two balance sheet dates It explains the financial consequences of business operations It acts as an instrument for allocation of resources It tests the effective use of working capital. Parties Interested in Funds Flow Statement: Funds flow statement is useful for different parties in the business. In terms of ECIL.They are Government of INDIA Government banks Customers Government of INDIA : Government of INDIA is the owner of the company i.e. [...]
[...] The electronics industry can be broadly classified into five sectors namely: Consumer electronics Communication & broadcasting equipment Aerospace & defense equipment Industrial electronics Electronics components In India, the manufacture of telecommunication equipment and equipment required by the defense department are reserved for the public sector. Entertainment electronics, medical electronics and power supply systems have been allotted to small and medium scale sectors. The basic segments of industrial electronics industry are: Instrumentation & controls Electronics drives Data acquisition system Production relays Numeric controls Robotics Process computers with peripherals All these segments have very high growth potential due to the growing emphasis on modern industry technology, safety, energy conversation and environmental protection. [...]
[...] A careful analysis of the funds flow statement will help them in ascertaining. Government banks are nothing but Reserve Bank of INDIA (RBI). Over all credit worthiness of the enterprise. The resources from which enterprise will be in a position to make repayments of the loan taken. Is the business generating sufficient funds from its normal business operations? Customers: The customers have also a stake in the business. Their growth of orders depends upon the profitability of the firms which is directly related to effective utilization of the funds by the enterprise. [...]
[...] The statement deals with the provision of information about the historical changes in cash and cash equivalents of an enterprise by means of a speed cash flow statement which classifies cash flows during the period from operating, investing and financing activities. Scope: Users of an enterprise's financial statements are interested in how the enterprise generates and uses cash and cash equivalents. The enterprise needs cash to conduct their operations, to pay their obligations, and to provide returns to their investors. [...]
[...] With the assistance of the World Bank and Swiss Development Corporation, a project proposal has been formulated to improve the quality of training programs in 14 engineering colleges polytechnics and 5 CERTs for electronics engineers and technicians, in a manner relevant to the needs and growth of electronics industry in the country. ECIL PROFILE 1. Introduction to ECIL 2. History of ECIL 3. Awards 4. Major projects and products 5. Environment and Management of a glance in ECIL 6. Major Export Segments ELECTRONICS CORPORATION OF INDIA LIMITED (ECIL) Introduction to ECIL: Electronics Corporation of India Limited, a wholly owned government of India enterprise was established in 1967 to create a strong indigenous base in electronics. [...]
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