Project on Bhilai Steel Plant

We would specially like to thank sir Hamid cheema who gave us a chance and comprehensive knowledge about strategic tools and techniques to complete this project. He rarely enhances our knowledge by

The Electrosteel Castings case is about an Indian ductile iron pipe (DIP) and cast iron pipe (CIP) manufacturer’s decision to internationalize. The central issue is about the choice of where to go, and the choice of the type of investment the company will pursue. This paper will analyze the options available for the company and recommend the best solution.

This report also contents the analysis of four main different capital budgeting techniques used in the investments for supporting decision making process. Definition, formula of each technique will be given along with the figure of the investments as well as its advantages and disadvantages. The numeric data (initial investment, cash flows…) used for the

They used different techniques to overcome their problems and reach their goal. At first Bharat Forge adopted an aggressive international acquisition strategy. They changed the workforce from muscle power to brain power. The idea was to create low cost manufacturing base by employing legions of workers with low skilled jobs on basic production lines. In contrast to that, Bharat Forge developed a technological advantage through sophisticated production lines by employing highly skilled Indian engineers at relatively low cost. Some of the other efforts made by Bharat Forge were to replace blue-collar employees to white-collar employees with science degree. Blue collar workers did not know how to operate new machines and they had narrow specializations. But, the white collar workers were freshly recruited, highly skilled and multi-talented. This replacement of workforce leveraged overall productivity of the Company.

But one key difference was that Bharat Forge, a domestic player, tried to reduce cost by employing highly skilled Indian engineers at low cost. The firm made good use of the availability of cheap labour in the country just many other Indian companies. However, Suzlon had moved from textile manufacturing to wind turbine manufacturing and they used the idea of synergizing the technological expertise from abroad with a strong engineering backbone in India i.e., bringing together the expertise of both worlds( India and abroad). The key difference here while reducing cost was the usage of manual labor and technological labor indicating that Bharat forge used manual labor and Suzlon used its technological expertise and hired engineers from

The manufacture of steel is regarded as one of the key industries. It is a prerequisite for modern industrial development.Large amounts of iron and steel is required for constructing bridges, rail tracts, railway rolling stock, ships, vehicles, various machines, power plants, airports, etc.The basic need of Indian economy today is rapid industrialization. As important industries like Railway locomotive, Ship Building, Heavy and Light Machine, Construction, etc. depend on the availability of iron and steel, iron and steel industry accelerates industrialization and is, therefore, called the backbone of all

We would like to thank our project instructor , Prof.Varisha Rehman, for continuios help and support on the matter in this project.I would like to thank my colleagues for their valuable suggestion and input in making my project.

Steel manufacturing has many different processes and can be a very complex to manufacture. Firstly the iron ore needs to be mined out of the ground before steel production can begin.From this process of mining the steel can then start it production process and begin the vital three stages needed to produce steel. Firstly a very intensive heat source needs to be produced to melt the iron ore. After this stage the intensive heat generated in the furnace is used to melt the iron ore. Then at its third stage the molten iron is used to produce steel this process will almost always take place at the same facility because of the intense heating and continuous production line like process.

Industrial licensing was brought in, the insurance ventures of the Tatas and their airlines were

role in capital budgeting decisions. In the present lesson the concept of cost of capital and the

In 1907, Jamsetji Tata, an industrialist, established Indians biggest and first steel plant. At the same time it was Asia’s initial private sector steel company. The reason of Tata Steel’s establishing was that Jamsetji had the idea of developing an iron and steel industry in his own country.

headquarter of BHEL is in new delhi.. The Bhel has 14 manufacturing divisions, 4 Power Sector regional centre, over 100 project sites, eight service centre and 18 regional offices, enables the Company to provide customer requirement. customers and provide them with suitable products, systems and services. Bharat Heavy Electricals Ltd.is the largest engineering and manufacturing unit of its own kind in India with highest level of performance. BHEL is among one of the MAHA RATNA of India. BHEL manufactures over 180 products and 30 major project groups and supplies to core sectors of Indian economy like Power generation and transmission,

This workshop is the second unit of the Indian Railways where stainless steel wagons have been successfully manufactured.

* Amongst top three companies in sheet metal and tubular segment – (Process 85k Tons Steel per annum).

I would not forget to remember Prof. Suresh Pattanayak, Prof. Rupesh Kr. Tiwari and all faculty members for their unlisted encouragement and more over for their timely support and guidance till the completion of our project work. I heartily thank our internal project guide, Dr.R.S.Mohan, Dean , Department of Management, for his guidance and suggestions during this project work. I am extremely thankful to all those persons who have positively helped me and customers who respond my questionnaire, around whom the whole project cycle revolves.