Teaching Note: Jakap Metind Pvt. Ltd: Downtime Reduction (IIMR-TN24-08/2024)

Abstract

Jakap Metind Pvt. Ltd. is located in Jamnagar, Gujarat and is classified as a private limited company (Exhibit 1). Nandita Jayesh Anjaria and Jayeshbhai Jayantilal Anjaria are the two directors who lead the company with utmost dedication.1 Company's authorized capital stands at 1.52 million USD and has 67.4972% paid-up capital which is 0.71 million USD.2 They manufactured turned components in brass, steel, stainless steel, carbon steel, aluminium, bronze and brass alloys with utmost precision. They cater to various industries, including electric, hydraulic, automotive, and refrigeration. Their manufacturing infrastructure includes German single-spindle machines, Swiss sliding headstock machines and German and British Multi-spindle machines, and CNC and TMC machines. They manufacture components from 3mm to 100mm in size, capable of maintaining precision up to 10 microns.3 For the financial year ending on 31 March 2018, Jakap Metind's operating revenues range is $1.3 million - $13 million$ and EBITDA has increased by 35% over the previous year.