Corporate Exposure Training at Navbharat ventures ltd

8/8/2019 Corporate Exposure Training at Navbharat ventures ltd

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Corporate Exposure TrainingA Study of

NAV BHARAT VENTURE LTD

BY ABHIMAN BEHERANHLI09PGDM001PANNEL -3


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COMPANY PROFILEA diversified company with business interests in power

generation, Ferro alloys, sugar &infrastructureprojects.

Supplies products to world class companies across theglobe.

Committed to quality with sustainable development.NBVL began operations with manufacture of Ferro

silicon in 1975 at Paloncha in the State of AndhraPradesh. Over the years, the capacity was enhancedby installing additional smelters at the same locationas well as setting up of a green field smelter in theState of Orissa and NBFA emerged as one of thelargest manufacturer exporters of Ferro alloyssupported by 100% captive power, in India


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Area of Operation


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OBJECTIVENBVL will be a dependable source of products

and services exceeding our customersexpectations.

NBVL will add best value to inputs and striveto protect the environment in all ourendeavors.


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PRODUCTPower

Ferro Alloys

SUGAR


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STRENGTHS

NBVL produces power from its thermal powerplant(94MW) which is used as power for ferro alloyplant(50MW),rest power they sell to Orissa grid

Super Rank 20 and Rank 297 among 1000 CorporateGiants in India by Net Sales, accorded by BusinessStandard magazine - February 2010

NBVL production unites are ISO: 9001, ISO: 14001certified which helps increasing customer confidence,and improve efficiency effectiveness.

Develop and manage the proposed plant in anenvironment friendly manner according to theregulatory requirements and best industrial practices,whilst ensuring economic viability.


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WEAKNESS

NBVL dont have own mine so for coal and rawmaterial they have to dependent on OMC(Orissa Mining Corporation) & MCL(Mahanadi coal field ltd).

Heavily dependent on import of raw materials.NBVL dont have many ware house in other

state for distribution of material.NBVL does not compromise much on the

reserved price fixed for the products due towhich many materials remain blocked andday by day there value depreciate.


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OPPORTUNITIES

In this world of globalization, there is a hugedemand of steel for the nation infrastructuredevelopment.

Increasing demand of steel at the internationallevel has raised hopes for the export of ferroalloys from India.

Because of economic boom, many small-scaleindustries have opened now a day, so for

which small industries demand more steelwhich means the steel maker need moreferro alloys for producing the steel.


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THREATS

Due to open economy NBVL is facing morecompetitors in their marketing fields like

TATA, IMFA, ESSAR, ARATI, ROHIT FERROALLOYS etc, who provide goods at a lower

cost.MCL is not providing coals in regular basis for

which some time the production of ferroalloy hampered.

The use of plastic and aluminums assubstitute for steel is posing a major threatfor ferro alloy industry.


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Achievement/Award

Over the past three decades, the company has wonnumerous accolades, each a testimony to its all-roundperformance in energy management, safety, workplace excellence, environment protection, exports,productivity, labour welfare, industrial relations, etc

National Award for Excellence in EnergyManagement (2007, 2008, 2009)

5-S Excellence Award (2007)Pollution Control Excellence Award (2007)

Silver Trophy for Outstanding ExportPerformance (2009)


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FINDINGSNBVL emerged as one of the largest

manufacturer exporters of Ferroalloys in India.

The production system is based on the newtechnology. The company updates itsmachinery to meet its customer demands.

The company is effectively utilizing itsproduction capacity effectively.

The main products are ferro-alloy , power andsugar.


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SUGGESTIONNBVL should have its own mines for raw

materials. Tied up with MCL for supply of coal on regular

basis, which is main source of generatingpower.

Open new ware house in other state for supplyof finished goods more effectively.

NBVL have to focus more on domestic user of ferro-alloy by the result of which theturnover will increase.


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Learning experience

The learning experience during the in planttraining was practical oriented. Mostly all theconcept and theories which I studied in theclass were applicable practically.

I had a great time working on the project as itgives insight in to the working environmentof the organization. The training hasexposed me to many facts of an organization

and also helped me to gain practicalknowledge, which will go a long way in thehorizon of my career


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Documents

Corporate Exposure Training at Navbharat ventures ltd