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SUMMER INTERNSHIP REPORT ON Working of menthol company AND INDUSTRial VISIT TO DEHRADUN AND TANAKPUR

SUBMITTED BY

MAHIM GUPTA PGDM (2012 14) FRM1211

INDUSTRY MENTOR FACULTY GUIDE

DECLARATION

I hereby state that the dissertation entitled Woking of Menthol Company and Industrial visit to Dehradun and Tanakpur submitted by me in partial fulfilment of the requirements for the award of PGDM is my original work and that it has not previously formed the basis for the award of any other Degree, Diploma, Fellowship or other similar titles.

Dated: Mahim Gupta (FRM1211)

ACKNOWLEDGEMENT

I take this opportunity to express my sincere gratitude to Swati Menthol, Rampur for offering me a valuable chance to undergo summer training in their prestigious institute. It is indeed a great moment of pleasure to express my feelings of thankfulness to all those persons associated with this project as without their guidance and hard work I would have never ever have got a chance to have real life experience of working with a firm and making my project report.

I would like to express my sincere and deep sense of gratitude to, MR my project guide, for his valuable support. He gave me the opportunity to do this project and his timely guidance helped me and making this project what it has come out to be.

My heartiest gratitude extends to my faculty mentor MRwho has helped me in every aspect of my work. The greatest credit goes to the blessings bestowed upon me by Almighty God without whose yearning; I could not have even moved a step forward and to my parents who are always a constant source of inspiration in all my endeavours.

TABLE OF CONTENTS

S.NO PARTICULARS PAGE NO. 1 Student declaration 2

2 Acknowledgement 3

3 Executive Summary 5

4 Introduction of the Company 6-20

5 Objectives of the project and 21 Research Methodology

6 Packaging 22-24

7 Uses and Application of Menthol Products 25-26

8 Menthol Crystallization 27-33

9 Latest News of Swati 34 10 Industrial Visit to Dehradun 35-38

11 Trip to Tanakpur 39-42

12 Bibliography 43

EXECUTIVE SUMMARY

Present business environment is very complex & dynamic. Business conditions are changing at a very fast speed. Company should be more alert &informed now days. They should continuously check their financial details to remain in the competition.

Technology developments & constant change for changes give birth to new production techniques. A new techniques and a proper production process should be manage, so that it penetrates deeply to its target market. By this a product will be more efficient and reasonable to the customers and will contain more quality. That is why a good company should check the production process and its financial Statement so that it can improve its capacity utilization and its product in the Market.

Because so many products fail in markets, companies are anxious to learn how to improve their production process for a new efficient product. A company has to know exact profitability and financial situation of the concern and accordingly develop its marketing strategy.The products of Swati Menthol are popular in many parts of India like Menthol Crystals, Menthol Flakes, Peppermint oil etc

INTRODUCTION OF THE COMPANY

A WHO GMP and ISO 9001:2008 certified company, we are one of the leading manufacturers and exporters of natural menthol, essential oil, peppermint oil, crude menthol oil, peppermint essential oil and Terpene chemicals from India. Our reputation as a noteworthy supplier in global supply chain can be credited to our technically advanced production facilities, international quality standards,extensive R&Dandcustomerorientedapproach.

Our working objective is to achieve total customer satisfaction. At the same time, we also strive to offer effective and reliable products at most competitive prices within scheduled time. The driving force behind this enthusiastic approach is our quest to serve clients with the most dedicated and professionally. In addition, we have a countrywide sales and marketing network in India with a vibrant team of trainedandmotivatedprofessionals.

The company is promoted by Mr. S. K. Gupta, a Chemical Engineer, who has vast experience in the same industry. He started the first production division i.e. natural menthol manufacturing unit in the year 1977 at Rampur (UP, India).

PHILOSOPHYAt Swati Menthol & Allied Chemicals Limited, we follow the principles of corporate citizen to grow and sustain our growth. It includes Dedication for best client service Correct market information by avoiding speculation Flexibility and competitive pricing Diligent working with highest ethical standards

VISION OF THE COMPANY

To go to the debt of customers heart and be his friend forever

MISSION OF THE COMPANY

To provide customers with quality products and services by using state of the heart technology, and in process ensure competitive leadership and build timeless brands.SWATI's core valuesSwati's Core Values are aimed at developing a customer-focused, high-performance organization, which creates value for all its stakeholders.Focus on CustomerSwati menthol believes that customer focus is very important. They give importance to deliver both value & quality to the customer.ExcellenceSwati will strive for excellence in whatever they do. Swati will take the right path to do whatever they do and excel in the same.Respect for PeopleSwati will value differences in individual perspectives. Swati want individuals to dream, create and experiment in pursuit of opportunities and achieve leadership through teamwork.InnovationSwati will constantly innovate and strive to better our processes, products, services and management practices.BUSINESS STRATEGYSwati Menthol future key growth drivers are increasing volumes of premium brands, price increases in the key markets, selective acquisitions and joint ventures, developing export markets including bottling arrangements abroad and driving operational efficiencies.PRODUCTION FACILITIESWe have state-of-the-art infrastructural set-up, which is equipped with modern production equipment. The company has three production divisions viz. Mint division, natural peppermint oil, pine division and essential oil division. We have integrated facilities for production, quality testing, product packaging and storage facilities, which assist us for the timely execution of entire business requirements.

We employ purification through distillation to provide extra shine, clarity and purity to crystals. The crystal size is graded by sieving machine into large, small, medium, rice and fine before final packaging. Our manufacturing unit is located in Western Uttar Pradesh, which gives us an advantage regarding materials sourcing, business networking, etc.

GLOBAL MARKETING STRATEGYWith the burgeoning desire to achieve higher growth, we welcome technical collaborations, joint ventures and international trading through strategic alliances with MNC and global leaders.

QUALITY CONTROLWe are committed to follow global acceptable quality standards like IP, BP and USP. An ISO 9001:2008 certified company, we carry out all our production as per GMP guidelines. For quality testing, there is a ultra modern laboratory equipped with the latest testing equipment and instruments. To perform analytical research and quality control, following sophisticated instruments are being used: Gas liquid chromatography Polarimeter Melting range unit DR range unit Ash content unit Viscometer Other relevant testing equipment

GLOBAL BUSINESSWe are second largest supplier of natural menthol and peppermint oil in domestic market. In addition, we export products to USA, UK, France, China, Brazil, Middle East Israel, Indonesia, Thailand, Canada, Nigeria, South Africa, Hong Kong and Turkey. A Government of India recognized "Export House," we are honored by State Export Award for year 2000-2001.

AWARDS & CERTIFICATES A Government of India Recognized Star Export House. An ISO 9001-2000 Certified Company. Process is as per the standards of HACCP & GMP License. Kosher & Halal Certified. State Export Award winner for year 2000-01. One of the largest in Mint Business Globally. Swiss Technology Sulzer Fractional Distillation Column.QUALTIY CONTROL

"Mentha" is dedicated to quality and continuous process improvement for both customers and employees. The Quality systems at Mentha matches some of the best in the industry and we believe it will significantly contribute to its performance and growth. Our chief responsibility is to ensure that through established standards and measurements, the level of quality at Mentha not only matches but exceeds our customers' expectations.

QUALITY ORIENTATION FROM SOURCING TO MANUFACTURINGWith a global sized processing capacities, Nectar has emerged as a leader in the Menthol Arena. NLL has taken global leadership in Pharmaceutical grade Menthol.

WE MANUFACTURE THE FOLLOWING PRODUCTS: Menthol Crystals Menthol Flakes Peppermint oil Cis 3 Hexenol Mentha Piperita Indian Spearmint Oil Menthones Mint Blends Dementholised Peppermint oil Any other customized mint based product

Our state of the art facilities carry the seal of approval of many top notched professionals, quality managers and discerning buyers across the globe. We have been inspected and approved by major global players. NLL has essential infrastructure along with State of the art R&D, pilot plant & developmental facility for process scale up to offer advanced scientific standardization, validation & process development services in the field of Phytomedicine.

SERVICES SUPPORT: Isolation, Purification and process development for active principles from medicinal plants Analytical method development & validation Technical support in preparation of product dossiers Design of plants & scale-up production processes Basic process and detailed engineering services, project co-ordination and turnkey execution of herbal extraction plants

CLASSIFICATION OF PRODUCTS INTO DIIFFERENT DIVISION:1.Essential Oil & Aromatic Division

We offer the finest therapeutic-grade essential oils, natural essential oil blends and crude essential oil. Our essential oil products and blends are very effective to prepare personal care products and nutritional supplements. We provide herbal essential oil in different specifications that can be customized as per clients,needs.

ProductsCAS#

1.Spearmint Oil8008-79-5

2.Trans-Anethol4180-23-8

3.Carvones6485-40-1

4.Eucalyptus Oil Globulus8000-48-4

5.Eucalyptol / Cineol 99.5%470-67-7

6.Citronella Oil Java8000-29-1

7.Citronellol

8.Citronellal

9.Dihydromyrcenol18479-58-58

2.Fine DivisionProductsCAS#

1.Para Cymene99-87-6

2.Cis-3-Hexenol Natural928-96-1

3.Cis-3-Hexenyl Acetate3681-71-8

4.Cis-3-Hexenyl Benzoate2512-85-6

5.Cis-3-Hexenyl Salicylate65405-77-8

6.Cis-3-Hexenyl n-Butyrate16491-36-4

3.Pine Division

We offer a comprehensive range of pine chemicals for use in a various markets. As a major producer of pine essential oil, we are committed to manufacture premium quality, cost effective products. The pine chemicals are of high purity that have been certified as per relevant norms. Available in various specifications, the range of pine oil can also be custom formulated as per client's specifications.

Pine Oil Products

ProductsCAS#

1.Pine Oil'8002-09-3

2.Terpineol BP98-55-5

3.Terpineol Perfumery98-55-5

4.Terpinyl Acetate80-26-2

5.Dipentene138-86-3

6.DD Turpentine8006-64-2

7.Pine Tar8011-48-1

4.Mint Division

We offer a wide range of natural mint products such as menthol oil, crude menthol oil, menthol crystal, liquid menthol, natural menthol, etc. as per USP/BP/IP specifications. Our range of mint products is offered in various specifications that can be customized as per the requirements of customers. The range also includes crude peppermint oil.

Mint Products

ProductsCAS#

1.Menthol Bold Crystal2216-51-5

2.Menthol Fine Crystals2216-51-5

3.Menthol Block2216-51-5

4.Menthol Powder'539-03-7

5.De-Mentholised Peppermint oil (DMO)68917-18-0

6.Cornmint Oil (with / without Terpene)68917-18-0

7.Menthones 98%14073-97-3

8.Menthone 95:514073-97-3

9.Menthone 80:2014073-97-3

10.Neo Menthol2216-52-6

11.Menthyl Acetate89-48-5

12.Mentha Piperita8006-90-4

MENTHOL CRYSTALS

mentha oil

Specifications for Peppermint Oil

DescriptionColourless or pale yellow liquid with a refreshing mint odour.

Solubility1ml dissolves in 4ml of70% alchohol

TasteCool sensetion in mouth and characteristic mint flavour

Acidity/AlkalinityNeutral to Litmus solution

Specific Gravity0.900g - 0.916g

Optical Rotation-10 to -30

Refractive Index1.460 - 1.467

Fixed Oils and FatsNegetive

L-Menthol Content37% - 40%

Total Menthol ContentNot less than 50%

This Oil is available in various blends depending on the requirement of the user.

Having botanical name Mentha piperita, Menta Oil offered is also known by the common name of Menthol Liquid and has its country of origin in USA. The oil is extracted using steam distillation process and has scent that is mint like and pungent. With aroma that is invigorating, stimulating and uplifting, the oil aids in digestion s well as providing a calming effect on muscle spasms, pains and aches. The oil can also be used in alleviating sinus pain and pressure, in muscle rub ointments, in skin care products as well as in balancing oil content of skin and hair. The oil also blends well with essential oils like cajeput, cinnamon, camphor, clove leaf, cassia, peppermint, lemon, rosemary, clove bud, eucalyptus, lavender or thyme and is 100% pure and natural, of therapeutic quality and also free from any chemicals.

Specifications:

Product DescriptionAn entirely Natural Oil, Originally Steam Distilled from the plant, Mentha Arvensis grown in India.

AppearanceColorless, Transparent Pale, yellow Clear Liquid

OdorCharacteristic of Menthol Arvensis, No odd odor

FlavorCool without bitterness

Relative Density At 25" C0.9

Refractive index At 25' C1.47

Optical Rotation At 25" C-31.8"

GC Composition

Terpenes7 7.50%

L-Mentholabove 72%

Total Mentholabove 78%

Menthone + Iso-Menthone2-12.50%

Menthyle Acetate3 3.5%

Water or distinct

Mechanical ImpuritiesNIL

PackingIn New 180 kg G.I. Drums

StorageStore in cool place, away from heat sources

FILTER AND NON FILTER OLD AND NEW

OBJECTIVES OF THE PROJECT

1. To know about the different products of the company. 2. To know the market position of the Company through their growth and expansion. 3. To know the working of the business.

RESEARCH METHODOLOGY

Primary Data Collection:

To collect the primary data I had worked with Swati Menthol and collected the information about the company by discussing with various departmental heads, as well as direct contact with the companies, talked to managers, distributors.

Secondary Data Collection:

I have collected the details and performance of the organization. Besides the report, internet data, books, several magazines like several articles, along with internal records like manuals, brochures, magazines etc. were used for explanation.

Research Design:

In view of the objective of the project, a descriptive research design has been adopted. I have tried to interpret available information and it lays particular emphasis on analysis of the existing and available information with both primary and secondary data.

PACKAGING

Packaging

Menthol CrystalsMint Oil

Insulation is provided by the inner covering of Thermocol and the crystals itself are packed intwo polythene bags.Packed 25 Kilograms net in a fibre Drum1FCL contains 360 drums of total net weight 9000 Kilograms.Packed 180 Kilograms net in Galvanized Iron Drums.

1FCL contains 80 drums of total net weight 14400 Kilograms

BOTTLES USE FOR SAMPLE FOR MENTHA OIL

CONTAINER FILLED WITH FIBRE DRUMS FOR EXPORT

USES AND APPLICATION OF MENTHOL PRODUCTS

USES AND APPLICATION Menthol mint essential oil is the main source of natural menthol. The dementholised oil (DMO) is reconstituted to produce oil similar to Mentha piperita oil. Several of the many dozens of terpenes present in the essential oil are valuable compounds that find uses in the cosmetic and pharmaceutical industries. Menthol itself is used as a flavouring agent mouthrelated produces such as fresheners, tooth pastes and chewing gums, etc. Menthol mint oil because of its antimicrobial properties enhances the shelf of edible products and grains. Menthol mint oil is an essential ingredient of the ointments, pain balms, lozenges and syrups. It is also used in cosmetic preparations, colognes, deodorants, cosmetics, etc. In India, menthol and mint oil are extensively used in betel (pan) related industries.

Uses of Menthol Crystal are as follows:

Pharmaceuticals Chewing Tobacco Pan Masala Perfumery Compounds Toothpaste Mouth Washes Oral Preparations Confectionery Cigarettes

MENTHOL CRYSTALLIZATION

MENTHOL CRYSTALLIZATION

Natural Menthol Crystals offered are used in most of the industries including in pharmaceutical, Food and in varied flavoring applications. These menthol crystals are also known by name of chemical name of 1-Methyl-4-Isopropyl Cyclohexane 3 and are colorless crystals with refreshing mint color. With solubility in Alcohol and slightly in water, these have cool sensation in mouth and are made by fractional distillation of menthol oil. Here, the distillation process yields pure menthol as fraction which is slowly cooled and then crystallized. The chilling is done at temperatures of -40C that helps in separation of menthol. Having a characteristic odor of natural menthol as obtained from mentha avensis oil, some of the end usage areas of these natural menthol crystals include in food, cigarettes, toothpastes and cosmetics. It is also used in pharmaceutical areas like in Drugs, MedicatedOils,Analgesicbalms,RubbingAlcohol.

Specifications:

Product DescriptionColorless, Hexagonal, Needle Like Crystals, Snow White, Super-Dry, Transparent With Clear Mint Odor

AppearanceBold, Needle Like Crystals

OdorCool Pleasant Odor with Peppermint Characteristic.

SolubilityVery Soluble in Alcohol & Chloroform

Melting Range42-C to 44-C

Specific Optical Rotation-4& to-51

Total Menthol Contents99.5% to 99.7%

Non-Volatile ResidueLess than 0.05%

Acidity & AlkalinityNeutral

Heavy Metal ContentsNIL

Phenolic TestNIL

PackingIn New 25 kg Fibre Drums, Air tight, packed at controlled room temperature and lining with thermocol sheet.

PROCESS OF DERIVING MENTHOL CRYSTALS

Stage 1: Farmers level

Mentha arvens is leaves are boiled and oil is extracted. Iron vessel is used for the same.

Stage 2: Industry level

Mentha oil extracted in stage 1 is frozen to minus 60 degrees Celsius. This takes about 6 to 7 days. Aluminium vessel is used here. The output consists of 30% DeMentholised Oil (DMO) and 70% Flakes.

Stage 3: Industry Level

These flakes are heated at 40 degrees Celsius. The liquid obtained is filtered by cloth and loaded into a machine. Crystals are sown in this liquid and kept for 15 to 20 days. The output is 70% crystal and 30% residual mentha flakes. Iron vessel is used in this process.

DISTILLATION & PROCESSING

The Oil derived from the Mentha Arvensis herb (MENTHA OIL) by steam distillation, which is the basic raw material required for the Menthol Manufacture. By freezing (chilling) of Mentha oil LMenthol (Crystals & Flakes) are isolated. In India there is two type of Menthol CRYSTALS & FLAKES, some manufacturers are processing to their shape and size BOLD (Large crystals, Medium crystals, Small crystals, Flakes in shape of powder. Rest mother liquor by centrifuging calls Dementholised Peppermint oil. Menthol is main constitutent in Mentha oil Rest contains Menthone, Menthyl Acetate, Neomenthol, Mint terpenes, Alfapinene, Beta Pinene.

Llimonene, 3-Octanol, Pipritone are also main contents to use as raw material to produce Value added products for Flavour and fragrances Industry.

Menthol mint essential oil is the main source of natural menthol.The dementholised oil (DMO) is reconstituted to produce oil similar to Mentha piperita oil. Several of the many dozens of terpenes present in the essential oil are valuable compounds that find uses in the cosmetic and pharmaceutical industries. Menthol itself is used as a flavouring agent mouthrelated produces such as fresheners, tooth pastes and chewing gums, etc. Menthol mint oil because of its antimicrobial properties enhances the shelf of edible products and grains. Menthol mint oil is an essential ingredient of the ointments, pain balms, lozenges and syrups. It is also used in cosmetic preparations, colognes, deodorants, cosmetics, etc. In India, menthol and mint oil are extensively used in betel (pan) related industries.

Menthol is generally obtained by chilling mint oil and subsequent centrifuging to separate out the menthol crystals. The process may be divided into two steps, firstly menthol flakes are produced by chilling mint oil and secondly menthol flakes mixed with mint oil again chilled to produce bold crystals of menthol. The total recovery of menthol in the first step is around 70% . The time cycle for first step is around 67 days. In the second step, menthol flakes mixed with certain proportion of mint oil kept under temperature control for about 25 days.Themother liquor (conc. Mint oil ) is a bye product and can be used again till decolourisation of oil occurs. Total recovery of bold menthol crystals is about 50 %.

Menthol Crystals & Peppermint Uses

CategoryProductsSuggested Dosage

Oral ProductsToothpsteMouthwashesOral sprays0.5%1.0% -2.0%0.3%

Pharmaceutical Products

DrugsCompressesMedicated OilsAnalgesic balmsRubbing Alchohol

0.1%0.1% - 0.2%2.0% - 4%2.0% - 3%1.0% - 1.2%

Confectionary GoodsChewing GumHard CandiesCough DropsLozengesLicorice0.5%0.05% - 0.1%0.1%0.1%0.05% - 0.1%

Tobacco GoodsRegular CigarettesMenthol Cigarettes

Pipe TobaccoChewing Tobacco0.03%0.1% - 0.2%weak effect

0.2% - 0.45%strong effect0.3% 0.05% - 0.1%

Perfumed ProductsLotionsPre-shave LotionsHandkerchiefsFoot SpraysShampooRefreshing TowelsCooling Gels0.05%0.2% - 0.3%0.1% - 0.2%0.5%0.2% - 0.5%1.0%1.0%

Peppermint oilsMenthol Crystals and its derivatives can also be added to various peppermint oil compositions to enhance the cooling and refreshing effects, like perfumes, Eau De Toilettes, Deodorants, etc.

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LATEST NEWS OF SWATI MENTHOL

Data is available as per Customs Notification No. 128/2004 Daily updated data available till '17-Jun-2013' DateHS CodeProducts DescriptionQuantityUnitFOB Value INRIndian PortForeign CountryIndian Exporter

05-MAR-200430039011MENTHOL BOLD CRYSTALS1000KGS450549MUMBAI AIRNIGERIAMERIT HEALTHCARE PVT. LTD.

03-MAR-200430039090MENTHOL BOLD CRYSTALS BP (PACKED IN 264 FIBRE DRUMS SION A-257)6600KGS2809594.7DELHI TKD ICDNETHERLANDSSWATI MENTHOL & ALLIED CHEMICALS LTD.,

08-MAR-200430039021MENTHOL BOLD CRYSTALS BP PACKED IN 132 FIBRE DRUMS (SION -A- 257)3300KGS1428768DELHI TKD ICDNETHERLANDSSWATI MENTHOL & ALLIED CHEMICALS LTD.,

10-MAR-200430039021MENTHOL CRYSTAL5KGS3607.98MUMBAI SEAUNITED ARAB EMIRATESNILGIRI HERBALS AND AGRO INDUSTRIES PV

08-MAR-200429061100MENTHOL CRYSTALS LARGE BP/USP500KGS234069JNPTKOREA DPRBHAGAT AROMATICS LTD.

http://www.cybex.in/india-exports-data/Menthol-Crystal-Exports.aspx.

INDUSTRIAL VISIT TO DEHRADUN

PURPOSE OF THE TRIP

To visit pharmacy companies

VISITED COMPANIES

SDPL NMPL HABIBS TPL

OUR TALKS

We talked about the requirement of menthol items like crystals and oil. Quantity required by them per month. We check their quantity which they were using currently. We analysis the market for menthol production. We also analysis that how much knowledge they were having about the menthe.

CURRENT EXAMPLE We have requirement for the following items. Please mention the name of the Manufacturer. Without Manufacturers name, quotation will not be entertained. Kindly quote for ready stock items only.S. No.NameCAS No.Quantity RequiredMinimum Pack SizeManufacturerShelf LifePrice

1.Metronidazole Benzoate100 kg

2.Pepsin25 kg

3.Methyl Parabeen Plain50 kg

4.Methyl Parabeen Sodium100 kg

5.Povidone Iodine250 kg

6.Propyl Parabeen Plain25 kg

7PrapylParabeen Sodium25 kg

8Menthol 50 kg

9Carbamazepine 75 kg

10Fluconazole 75 kg

11Menthol oil300 kg

12Cetrimide25 kg

DigpalRawatDate: 20.06.2013Executive PurchaseRhydburg Pharmaceuticals Ltd. M: +91 983 7055 255C2&3, SIEL, Selaqui D: +91 135 2692 430 Dehradun 248197 T: +91 135 2692 400Uttarakhand, INDIA F: +91 116 6173 678www.rplglobal.comE: [email protected] VISITING CARDS

tRIP TO TANAKPUR

Tanakpur is a town and a municipal board in Champawat district in the Indianstate of Uttarakhand.Known in the northern part of India as the gateway for the Purnagiri Temple (around 30km from here), Tanakpur is a calm and small town located on riverside of Sarda River. It is located at the foothills and is the last plain area on the road to Kumaoun zone of Uttarakhand. It acts as a junction for the Kumaon District's mountainous part. It is also the first point in the Kailash Manasarovar Pilgrimage. Gradually benefitting from the nationwide progress, Tanakpur is growing steadily into a buzzing town. Being on the Indo-Nepal Border Tanakpur is very important on the security perspective of India as a nation.

PURPOSE OF THE TRIPTo gather the information about the jarabuties.

BIGGEST DISTRIBUTERSharda group the biggest distributer of Herbals Items.The three Brothers Pradeep Sharda , Deepak Sharda, Anup sharda.

ANALYSIS THE MARKET We were having the items list which were reqired by our buyer. We compared our price with their price They told in this sector some items are band in India. For banded items bill will be made in different name. Herbals are mostly imported from Nepal. Jaributies have huge Margin.

DOCUMENTS REQUIRED TO DEAL WITH THEM We should have Export and import Licenses Farm V and C Sales Tax - xxi Vat 5LIST OF PHYSICAL ITEMS AND BILLING ITEMS

BIGGEST DISTRIBUTER

BIBLIOGRAPHY

1. Swati Menthol. Manual, Magazines1. Annual Reports of the company

WEBLIOGRAPHY

www.swatimenthol.comwww.cybex.inwww.exportersindia.comwww.indiamart.com

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