The present project study is on “A Research Report on Role of Recruitment and Selection in Aurobindo Pharma limited at Hyderabad”. This study highlights the concept of Recruitment and Selection. The significance of this study also identifies the prevailing measures adopted by Aurobindo.com to retain an Employee. This study also helps the company to analyze its strength and weakness and to take proper corrective measures.
Aurobindo Pharma Ltd. Was incorporated in 26 Dec, 1986 by Mr. P.V. Ramprasad Reddy and Mr. K. Nityanand Reddy for manufacturing of Semo-Synthetic Pencillin bulk actives Viz, Ampicillin trihydrate and amoxicillin trihydrate at Pondicherry.
Aurobindo Pharma , currently having 6 manufacturing facilities to prevent cross contamination, each of these six manufacturing facilities are dedicated to manufacture bulk drugs, organic intermediates and formulations.
1. Company Market Position
Aurobindo Pharma registered a turnover of Rs. 502.84 Crores, for the financial year 2003-04. Currently, it stands fifth position in the pharma market.
Aurobindo Pharma , the confidence of about 600 reputed formulators in India and about 100 customers in 35 countries. Contribution from exports turnover are increasing year by year. The export turnover for the year 2003-04 is Rs. 2156 millions. Major revenue is getting from bulk drugs, and now it is concentrating more on formulations.
Major competitors in the pharma market were Dr. Reddy’s labs, Ranbaxy, Sun pharma, Orchid chemicals, wockhadrt, Glenmark, Alembic, Panacea, Unicure, Lupin, Cipla, Cheminor drugs etc. All India, Ranbaxy continues to be the leader with turnover of Rs. 1426.2 Crores. For the Financial year 2003-04.
2. Recruitment and Selection:
Recruitment refers to the process of finding possible candidates for a job or function. It may be undertaken by an employment agency or a member of staff at the business or organization looking for recruits. Either way it may involve...