Chapter | 1 INTRODUCTION Biscuit is India’s largest industry amongst food industries, with an estimated production of 70,000 tones and cost of three thousand billions dollar. Biscuit along with bread forms major baked food accounting to over 30% and 50% respectively of total bakery products produced in the country. The bakery product produced in organized sector is well recognized as compared to organized sector products which are packed in sophisticated packaging. Biscuit is a diverse group bakery
1.1 INTRODUCTION TO THE STUDY Asset Management involves the corresponding of costs, opportunities and risks against the desired performance of assets, to achieve the organizational objectives. This harmonizing power need to be considered over different time frames. Asset also enables an organization to examine the need for, and performance of, assets and asset systems at various levels. Additionally, it enable the application of analytical approaches towards managing an asset over the