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A Report

on

Internship

at

MILKY MIST DAIRY FOOD PRIVATE LTD

Submitted in partial fulfillment of the requirements for the


award of the Degree of Bachelor of Business Administration
of CHRIST (Deemed to be University) By

Chethan Rahul K

. Reg. No. 1920171

Under the guidance

of Prof. Prakash N

Asst. Professor, School of Business and Management

SCHOOL OF BUSINESS AND MANAGEMENT


CHRIST (Deemed to be
University) BANGALORE
2021

1
CERTIFICATE
CERTIFICATE

This is to certify that the Internship Report, titled “MURAS TECHNO CASTS.,”
submitted to CHRIST (Deemed to be University), in partial fulfillment of the
requirements for the award of the Degree of Bachelor of Business Administration, is a
record of original study undertaken by Chethan Rahul K, during the period 2021 –
2022 in the School of Business and Management at CHRIST (Deemed to be
University), Bangalore, under my supervision and guidance. The Internship report
has not formed the basis for award of any Degree / Diploma / Associate ship /
Fellowship or other similar title of recognition to any other University.

Place: Bengaluru Prof Prakash N

Date:08.06.2021 Asst. Professor,


School of Business and Management

Dr Amalanathan. S

Head-School of Business and Management


DECLARATION

I, Chethan Rahul K, hereby declare that the Internship report, titled “MURAS
TECHNO CASTS.,” submitted to CHRIST (Deemed to be University), in partial
fulfilment of the requirements for the award of the Degree of Bachelor of Business
Administration is a record of original and independent study undertaken by me
during 2021–2022 under the supervision and guidance of Prof. Prakash N, School of
Business and Management and it has not formed the basis for award of any Degree/
Diploma / Associate ship / Fellowship or other similar title of recognition to any other
University.

Place:Bengaluru

Date:08.06.2021 Chethan Rahul K(Reg. No 1920171)


ACKNOWLEDGEMENTS

I, Chethan Rahul K would like to express my profound gratitude to all those who
have been instrumental in the preparation of this research Project Report. I wish to
place on records, our deep gratitude to my project guide, Prof. Prakash N, for guiding
me through this project with valuable and timely advice. I would like to thank Dr.
(Fr). Abraham V M, Vice Chancellor, Dr. Jain Mathew, Dean and Dr. Amalanathan S,
HOD, School of Business and Management for their encouragement.

Last but not the least; I would like to thank my parents and friends for their constant
help and support.

Chethan Rahul K (Reg.No-1920171)


TABLE OF CONTENTS

Sl.No Particulars Page No

1 Introduction 8-9
1.1 Industry Profile 9
1.2 Company Profile 9
1.3 Vision, Mission and Value 9

2 Organization structure/chart (Hierarchy) 10-14


3 Functional areas (Divisions) 15-32
3.1 Human resource 16-18
3.2 Marketing 19-24
3.3 Finance 25- 27
3.4 Production 28-30
3.5 Quality 31-33

4 Analysis and Interpretation 34-36


5 SWOT Analysis 37-38
6 Suggestions/Recommendations 39-40

7 Conclusion 41-42

8 Reference 43
Chapter 1:
INTRODUCTION
1.1 Industry Profile

Established in 2013 , MURAS TECHNO CASTS aims to manufacture high quality


investment castings . Managed by a group of well trained professional with decades of
experience renowned technical experts , they excel in the field of creating precise
investment castings . To them , quality does not just mean perfection in every step of the
process , but creating a product of long – standing durability as well .
Muras Techno Casts is located in the Harohalli Industrial Area , created by
the Karnataka Industrial Areas Development Board (KIADB) . As one of the country’s
largest industrial areas , it is an ideal setting for them to realize their vision of creating
the best investment castings with full passion .

1.2 The Company Profile

The company is all about “INVESTMENT CASTINGS” .


Investment castings , also referred to as “precision casting “ or “lost wax casting” is one
of the oldest and most well known techniques of metal forming . It allows for the
forming of the precise components through the creation of castings which are created
especially for the manufacture of the specific component .
Castings aid in the production of multiple components of the same exact shape and
versatility , no matter how complex the structure of the component may be . This allows
for greater control in the production process , and reduced machining allowances . For
today’s technological advancements , a plethora of materials can be used for the process
of investment casting , depending on the requirement of the component.
Investment casting , thus , is the most cost-effective solution for the creation of
specialized components of similar shape, no matter how intricate , to suit the conditions of
their usage . This allows for the establishment of the most appropriate component that
guarantees a most efficient process.
1.3 Vision and Mission:

 MISSION

The company’s mission is to use the best machinery , on par with global standards , in
order to produce castings that are durable and long lasting .

 VISION

The vision of Muras is to capture the global market through a spotless reputation
among our clients , and in the industry .
Chapter 2: Organizational
Structure
ORGANISATIONAL STRUCTURE
FUNCTIONS OF CEO

 To draft the company’s income and expenditure budget at least 2 months before the beginning of the

Fiscal year and submit it to the company for approval


 To draft the company’s annual report within 3 months from the end of the fiscal year.

 To draft contracts of a financial nature up to the value defined by a board decision.

 To monitor the Company's daily operations, as well as to supervise the undertakings of each of its
operational units and organizational sectors, as well as the discharge of duties of the Company's
employees in all areas.

 If the relationship of the Chief Executive with the Company is terminated on any grounds, the
board decides upon filling-in the position until a replacement is selected.

FUNCTIONS OF MARKETING DEPARTMENT


 Marketing plans are prepared to achieve marketing objectives of an organization.
 Product Planning and Development is concerned with identifying customer’s
needs, developing new products and improving existing products in order to meet desires of
customers.
 Buying is the purchase of  raw materials for use in manufacture of finished goods for resale.
Assembling is the collection of specific type of products from different buyers under a
common roof.
 In today's competitive environment, customer support services play an important role in
marketing. Services such as after sale services, maintenance services, and handling customer
complaints provide satisfaction to customers and also helps in building product loyalty.

FUNCTIONS OF R&D DEPARTMENT

 Ensuring the new product meets the product specification.


 Researching the product according to allocated budget.
 Checking if the product meets production costs.
 Delivering products in time and in full range.
 Developing the product to comply with regulatory requirements and specified quality
levels.

FUNCTIONS OF FINANCE DEPARTMENT

 To prepare the budget: It is duty of the finance department of the company to make the budget
before providing money to any department.
 Financial mngt: In this function finance department gets money from capital market at very low risk
and cost. Finance department analyzes all the resources of funds and create a good financial structure
of company.
 Managing of investments: Finance department invests debenture holders and shareholders money
in best projects for getting highest return on investment. For this finance department has to take
investment decision.
 Management of taxes: Management of taxes is also the function of finance or finance department.
Taxes may be direct or indirect. Finance department continue watches the amendments and updates
in tax laws and also create good corporate relation with government by paying return of corporate tax
on the time.
 Management of financial risks: Finance department takes many measures for managing the
financial risks of company. For reducing loss of fund due to happening liquidity, solvency
or financial disaster, finance department makes a good plan and also takes the help of debt collectors,
insurance companies and other rating agencies for reducing financial risk.
 Merger or acquisition Decision: Main aim of merger or acquisition is to reduce competition and
spread on brand in the market. Finance department provides the money for takeover any other firm
for estimating its long run return.

FUNCTIONS OF PRODUCTION DEPARTMENT

 The production department manufactures goods for the business which are then sold in order to bring
revenue for the business.
 The production department is also responsible for the designing of the goods or products of the
business which are sold to other businesses or to the general public.
 The department improves on the products of the business by bringing changes and innovations.
 The production department makes sure that it produces goods or products at very low costs in order to
maximize profit.
 The production department works in collaboration with the purchasing department of the company in
order to make sure that materials needed for production are always available.
 The department also makes sure that the machines and equipments used in production are serviced
and properly maintained all the time.
Chapter 3

Functional areas of the


company
3.1 HUMAN RESOURCE

DEFINITION: Human Resource Management (HRM) is the term used to describe formal systems
devised for the management of people within an organization. The responsibilities of a human resource
manager fall into three major areas: staffing, employee compensation and benefits, and defining/designing
work.

HEADHUNTING
Headhunting is a form of recruitment and selection where the recruiter finds the contact details of a specific
candidate that has some specific skills and contacts him/her in order to convince him/her to participate in the
recruitment process. Headhunting doesn’t mean that the recruiter is calling you to make an offer. Just to
convince you to participate in the process. 
Headhunting means that the recruiter has done some research concerning you and that they are interested in
your knowledge and experience. So, is them calling you a good thing? Of course… if they are interested, it
means you are able to have higher demands.

OUTSOURCING
The HR processes are being outsourced from more than a decade now.
The outsourcing firms helps the organization by the initial screening of the candidates according to the needs
of the organization and creating a suitable pool of talent for the final selection by the organization.

ADVANTAGES
 Value creation
 Company need not plan for HR much in advance
 Turning the management focus to strategic level process of HRM
 Saves lots of resources and time

DISADVANTAGES
 Loss of managerial control
 Hidden costs
 Threat to security and confidentiality
 Quality problems
 Tied to financial well-being of another company
 Bad publicity and ill-will
EMPLOYEES PROVIDENT FUND ORGANISATION
 Code number BG/MRD/57776 is allotted to their establishment for the purpose of making
compliance with various provisions of EPF and miscellaneous Provision Act 1952. This code
number should be invariably be quoted in all correspondence with the office.
 The contribution payable by the employer shall be at the rate of 12 % of the basic wages, dearness
allowance (including cash value of any food concessions and retaining allowance. Each contribution
shall be calculated to the nearest rupee ie; 50 paise or more.
 Before paying the member’s wages, they shall deduct the contribution from his wages which
together with their own contribution and administration charges shall be paid within 15 days.

OBJECTIVES OF HR PLANNING
 Workforce analysis judges the future trends of specific jobs in the company and how will they
change, such as technological trends, expected surpluses or layoffs, and needed skill sets.
 Internal scans are used to identify key movements and patterns within the organization which may
affect HR operations.
 Gap analysis is used to plot where the HR policies currently are, where they will need to be meet
future goals, and how a company can move ahead in its HR strategy.

SOFTWARE EXAMPLES OF HR
 People Trak has a wide variety of HR software, including personnel, compensation, safety,
applicant and position management.
 Apex Business Software offers HR programs to meet company objectives and manage many facts
of the HR process.
 Ascentis offers payroll and HRM programs for small to mid level organizations, software that
tracks many traditional employee benefits and several non traditional such as paid parking and club
memberships.

RECRUITMENT AND SELECTION

Recruitment can be defined as searching for and obtaining a pool of potential candidates with the desired
knowledge, skills and experience to allow an organisation to select the most appropriate people to fill job
vacancies against defined position descriptions and specifications.
STRATEGY

Having an effective recruitment strategy is paramount to the success of any organization.  The recruitment
and selection function can become a costly and inefficient process if not approached in a systematic and
proactive manner.  A recruitment and selection strategy:

 Ensures the organization has the necessary skills, knowledge and attributes to meet current and
future strategic and operational requirements
 Ensures supply meets demand requirements
 Increases the pool of potential applicants
 Improves the selection process by ensuring that only those applicants that meet the requirements of
the position are selected for further investigation.
3.2 MARKETING

Definition: The management process through which goods and services move from concept to the


customer. It includes the coordination of four elements called the 4 P's of marketing:
(1) identification, selection and development of a product,
(2) determination of its price,
(3) selection of a distribution channel to reach the customer's place, and
(4) development and implementation of a promotional strategy.

CLOUD MARKETING
Cloud marketing is the process of an organizations efforts to market their goods and services online
through integrated digital experiences, by which they are specialized for every single end user. The aim is to
use advertising methods to target customers via online applications through social media websites such
as Facebook, Twitter and various online portals to target consumers. Cloud marketing platforms are
supported with third parties which maintain the platform.
ADVANTAGES OF CLOUD MARKETING
 Cost effectiveness
 Customization
 Time

DISADVANTAGES OF CLOUD MARKETING


 User experiences
 Fraudulent Material
 Digital divide (partition between given population)

MAJOR LEARNING
This company has 4 major key elements-------

Establishing the goals:


The first steps into cloud marketing include finding the objective or goal for the marketing project. The
proposer would need to clearly state the objectives, which can be retained in quantitative or qualitative data.
By establishing the goal and objectives of the marketing campaign, this limits the plan being deployed
haphazardly.

Development:

The development stage is where the marketing team create the graphics and media material. The web
development team find a method to post the material onto the world

the overall efficiency of the cloud marketing method. wide web or online source. The marketing add would
need to meet its main objective and purpose, the development team will need to develop and plan to make
the material visually appealing.

Maintenance:

The maintenance step will require updating whilst the material is online. it will require continuous upkeep.
Cloud marketing techniques include regular updating to ensure they are reaching their end user and have a
valid subject. Marketing members are responsible for moderating any discussion boards and keeping content
updated increasing the validity.

Evaluation:

Throughout the duration of the marketing material, the message would need to be evaluated to determine
how successful it has been to the end user. The outcome should be established in the strategy allowing the
marketer to adapt and increase

DATABASE MARKETING
"Database Marketing is an interactive approach to marketing, which uses the individually
addressable marketing media and channels (such as mail, telephone and the sales force): to extend
help to a company's target audience; to stimulate their demand; and to stay close to them by
recording and keeping an electronic database memory of the customer, prospect and all commercial
contacts, to help improve all future contacts and to ensure more realistic of all marketing."

GROWTH AND EVOLUTION

The growth of database marketing is driven by a number of environmental issues. As per my view , the
MURAS Company classified these issues into four main categories:

1. Changing role of direct marketing


 The move to relationship marketing for competitive advantage.
 The decline in the effectiveness of traditional media.
 The overcrowding and myopia of existing sales channels.
2. Changing cost structures
 The decline in electronic processing costs.
 The increase in marketing costs.
3. Changing technology
 The advent of new methods of shopping and paying.
 The development of economical methods for differentiating customer communication.
4. Changing market conditions
 The desire to measure the impact of marketing efforts.
 The fragmentation of consumer and business markets.

4 P’s OF MARKETING

The Four P’s of Marketing (also known as “The Marketing Mix”) for all industries, including Broadway, are as
follows:
1.Product
2.Price
3.Place
4. Promotion

The definitions of each are:

1. Product – The product aspects of marketing deal with the specifications of the actual goods or services,
plus how it relates to the end users needs and wants. The range of a product normally includes supporting
elements such as warranties, guarantees, and support.

2. Pricing -This refers to the process of setting a price for a product, together with discounts. The price need
not be monetary; it can plainly be what is exchanged for the product or services, e.g. time, energy, or
attention. Methods of setting prices optimally are in the domain of pricing art

3. Placement – (or distribution ): refers to how the product gets to the buyer; for instance, point-of-sale
assignment or retailing. This third P has furthermore at times been called Place, referring to the channel by
which a product or service is sold (e.g. online vs. retail), which geographic region or industry, to which
division (young adults, families, business citizens), etc. also referring to how the surroundings in which the
product is sold in can influence sales.

4. Promotion – This includes advertising, sales promotion, including promotional education, publicity, and
individual selling. Branding refers to the assorted strategies of promoting the product, brand, or company.

PRODUCTS USED
High - quality, aircraft engine, industrial gas turbine, airframe, and other applications, including the world's
largest diameter investment cast components. The world's largest diameter nickel-based super alloy,
titanium, and stainless steel components, as well as a wide range of medium and small castings; stationary
vanes and rotating blades for high-performance turbine engines; and aluminum castings for aerospace and
other applications.

PRICING STRATEGY
Due to the costs and labor with the molds, investment castings generally have higher costs than forged parts
or sand and permanent mold casting methods. However, they make up for the higher cost through the
reduction of machining achieved through as-cast near-net-shape tolerances. One example of this is
innovations in automotive rocker arms, which can be cast with virtually no machining necessary. Many parts
that require milling, turning, drilling and grinding to finish can be investment cast with only 0.020-0.030
finish stock.

PLACEMENTS

 UK
 France
 USA
 Germany
 Italy
 Portugal
 Belgium
 Japan
 Mexico
Job Description
 Required Skills:
Must have a knowledge of products and procedure of Investment Casting Industry or Forging industry. 
Job Description:
liasoning with external parties on matters relating to the company’s quos quality system
Good communication skill
Technical Knowledge
Sound knowledge of ISO certification and documentations
Developing a prioritized action plan for continuous improvement in processes that have demonstrated
stability, acceptable capability and performance. 
Ensuring that process needed for the quality management system are established, implemented and
maintained. 
Salary: Not Disclosed by Recruiter
Industry: Recruitment / Staffing
Functional Area: Production,   Manufacturing , Maintenance
Role Category: Production/Manufacturing/Maintenance
Role: Quality Assurance/Quality Control Executive

Job Placement is a fast growing Placement & Staffing Solution based at Pune ( Maharashtra) & Branch
office at Rajkot ( Gujarat). Their core Focus area is Middle, Senior and Top Management Recruitments and
handle large volumes of Executive Placements pan India level. They believe that each clients requirements
are unique and require efficient and personalized efforts in synergy with the organization\'s climate and
needs. They provide quality services for both, clients and candidates with the strong co-operation by
attending the most transparent professional practices. They maintain strict confidentiality in their work.
They have extensive and proven records in sustained search and selection process. They carry out
customized search procedure as per mutually agreed specifications.

PROMOTION STRATEGY

The answer is that promotions can be promoted much like any other product or service. In-store signage,
employee word-of-mouth, social media, your business’ website, email contact, flyers, paper mailers, articles
in local publications, press releases, commercials and telephone contact may all be effective in letting your
customers and prospective customers know about your sales promotion. Visibility is key, but be sure to
account for the marketing cost of promoting your promotion (otherwise, you might end up spending more
money on advertising than you’ll make back through increased sales). For this reason, it may be most
beneficial to focus your promotional strategies on less-expensive—though still tightly focused—channels.
For example, emails to interested parties have a very high rate of return.

ADVANCES IN DATABASE MARKETING

Today's Customer Relationship Management (CRM) systems use the stored data not only for direct
marketing purposes but to manage the complete relationship with individual customer contacts and to
develop more customized product and service offerings. However, a combination of CRM, content
management and business intelligence tools are making delivery of personalized information a reality.
Marketers trained in the use of these tools are able to carry out customer nurturing, which is a tactic that
attempts to communicate with each individual in an organization at the right time, using the right
information to meet that client's need to progress through the process of identifying a problem, learning
options available to resolve it, selecting the right solution, and making the purchasing decision.

DIRECT MARKETING

Direct marketing is a form of advertising which allows businesses and nonprofit organizations to
communicate directly to customers through a variety of media including cell phone text messaging, email,
websites, online adverts, database marketing fliers, catalog distribution, promotional letters and targeted
television, newspaper and magazine advertisements as well as outdoor advertising. Among practitioners, it is
also known as direct response.
Direct marketing focuses on the customer, data ,and testing. Hence, besides the actual communication, a
direct marketing campaign will incorporate actionable segments and use pre- and post-campaign analytics to
measure results. 
3.3 FINANCE

MEANING

Finance is the science that describes the management, creation and study of money, banking, credit,
investments, assets and liabilities. Finance consists of financial systems, which include the public, private
and government spaces, and the study of finance and financial instruments, which can relate to countless
assets and liabilities.

FEATURES OF FINANCE

Channelizing Funds: It is well established fact that financial system is a critical element of any economy.
Financial sector and financial markets perform the essential function of channeling funds from people who have
saved surplus funds by spending less than their income to people who have a shortage of investible funds
because their plans to spend exceed their income.

Acquisition, Allocation & Utilization of Funds: Finance as a function deals with acquisition, allocation and
utilization of funds. A business must ensure that adequate funds are available from the right sources at the right
cost at the right time. It needs to decide the mode of raising fund, whether it is to be through the issue of
securities or lending from the bank. Once funds are acquired the funds have to be allocated to various projects
and services and finally the objective of the business is to earn profits which on a very large extent depend upon
how effectively and efficiently allocated funds are utilized. Proper utilization of funds is based on sound
investment decisions, proper control and asset management policies and efficient management of working
capital.

Maximization of Shareholder’s Wealth: The objective of any business is to maximize and create wealth for the
investors, which is measured by the price of the share of the company. The price of the share of any company is
a function of its present and expected future earnings. Finance helps in defining policies and ways to maximize
the earnings.
Financial Management: Maximization of economic welfare of its owners is the accepted financial objective of the
firm. Hence, the objectives of finance are to ensure adequate and regular supply of funds to the business and
provide a fair rate of return to the suppliers of capital. Finance helps by ensuring efficient utilization of capital and
available resources according to the principles of profitability, liquidity and safety. It provides a definite system
for internal investment, financing and internal controls. And finally attempts to minimize cost of capital by
developing a sound and economical combination of corporate securities.

NATURE OF FINANCE

The finance function is the process of acquiring and utilizing funds of a business. Finance functions are
related to overall management of an organization.
Finance function is concerned with the policy decisions such as like of business, size of firm, type of
equipment used, use of debt, liquidity position. These policy decisions determine the size of the profitability
and riskiness of the business of the firm. Prof. K.M. Upadhyay has outlined the nature of finance function as
follows:
i) In most of the organizations, financial operations are centralized. This results in economies
ii) Finance functions are performed in all business firms, irrespective of their sizes / legal forms of
organization.
iii) They contribute to the survival and growth of the firm.
iv) Finance function is primarily involved with the data analysis for use in decision making.
v) Finance functions are concerned with the basic business activities of a firm, in addition to external
environmental factors which affect basic business activities, namely, production and marketing.
vi) Finance functions comprise control functions also.
vii) The central focus of finance function is valuation of the firm.

STOCK PRODUCED (BASED ON ORDERS TAKEN)


NAMES KGS
Filled wax 200
Unfilled Wax 500
Sticky Wax 21
Patching Wax 4
Silicon Spray 3nos

SHELLING (Monthly Basis)


NAMES KGS
Zircon Flour -325nos 50
Zircon Flour -200nos 700
Zircon Sand-100nos 1000
C.S.Powder-200nos 200
40+100 Sand 1400
30+80 Sand 3250
16+30 Sand 5200

FINANCIAL STATEMENTS

SL NO NAME OF SPECIFICATION NUMBERS


MACHINERY
1 Induction furnace 300 kg 1
2 Injection press - 13
3 Heat treatment Computerized 75kg 2
furnace of 30kw
4 Shot Blasting Model no(649) 80kg 1
machine
5 Glass bead blasting - 1
6 Vertical machining Working area 1
center
7 Horizontal turning Working area 1
center

ALLOYS HANDLED

SS based WCB Cobalt based Nickel based Duplex


Alloys Alloys Alloys Steels
CF8 WCB Satellite-6 CW2M CD4MCUN
CF8M WCC Satellite-4 CW6M A995 1B
CF3 IC1020 Satellite-3 etc. CW12MW CA6NM, etc.
CF3M IC1040 CW6MC
CN7M IC1050 INCONEL600
HE etc. IC4130 etc. Monels etc.
3.4 PRODUCTION DEPARTMENT
PROCESS OF INVESTMENT CASTINGS
 Produce master pattern
 Mould making
 Injection (produce wax pattern)
 Assemble wax pattern
 Shelling process / Investment
 De-wax
 Burnout & pre-heating
 Pouring
 Fettlings

Produce master pattern : In this step, the mould maker creates an original pattern from

wax , clay, wood , plastic etc.

Mould making : Mould is also known as a master die is made of the master pattern may be of the low
melting point metal , steel , or wood .

Injection(produce wax pattern) : Wax patterns may be produced in of the two ways :
Process 1- Wax is poured into mould until even coating usually about 3 mm.
Process 2- Filling entire mould with molten wax and let it cool until thickness.

Assemble wax pattern : Then the wax is removed from the mould. Multiple wax pattern may be created
and then assembled into one complex pattern.
Shelling process / Investment : Ceramic mould , also known as investment is produced by 3 repeating steps
: Coating , Stuccoing , Hardening
Coating- Dipping the cluster into re-factory material and letting any excess drain off .
Stuccoing- This is nothing but the plaster made from Portland cement and sand. The cluster is stuccoed with
coarse ceramic particle by dipping it into a fluidisied bed.
Hardening- Then the coating is allowed to harden.

De-wax: The investment is then allowed to completely dry, which can take 16 to 48 hours, and can be dried
applying a vacuum or minimizing the environmental humidity.

Burnout & pre-heating: The mould is subjected to burn out, which heat the mould between 870 degree
Celsius and 1095 degree Celsius to remove any moisture and residual wax.

Pouring: The investment mould is placed upwards into a tub filled with sand.

Fettlings : The shell is hammered, media blasted, vibrated, water-jected, or chemically dissolved
( sometimes with liquid nitrogen to release the casting).

PROCESS CAPABILITY
a. Castings in the weight range of 10gms to 150kgs
b. Thin walled casting….as low as 2mm ie; less than 50 pcs.
c. Near net shaped castings, eliminating or substantially reducing the need for expensive machining
operations.
d. Close dimensional tolerances.
e. Very good surface finishing.
f. Castings totally free from blow holes.
g. Castings of radiographic quality, meeting the demand of aerospace and nuclear power industries.

ADVANTAGES OF INVESTMENT CASTINGS


1) Allows for the easy creation of complex components which are difficult to achieve through
other means .
2) Casting of intricate forms with undercuts is possible .
3) Almost any metal can be casted to suit various requirements and the usage of the
component .
4) Durable and long lasting , as it is especially made to carry out a particular task .
5) High level of dimensional accuracy is achievable .
6) Obtains a smooth surface finish , with no parting lines .
7) Ready for use with little or no matching required.
8) Certain “un-machinable” parts can be casted to pre-planned shape .

RESEARCH AND DEVELOPMENT


As technology leads in industry , the company attaches the importance of deserves in R&D activities in the
company.
The focus of R&D are:
 Development of new process
 Continuous improvement in existing manufacturing process
 New product development in co-operation with customers in their import substitution program in
industry segment like aerospace, nuclear, thermal power generation, automotive.

TESTING PROCEDURES
Here the testing is known as “IN-HOUSE TESTING.
There are 3 processes namely------
 Chemical Testing Laboratory
 Physical Testing Laboratory
 Non-Destructive Testing

CHEMICAL TESING LABORATORY:

Our chemical testing lab is equipped with Bruker spectrometers, of German make. They work with all major
metals bases, including Ni and Co. With the help of their dual optics and clear sensor technology, we are
able to scrutinize chemical composition with utmost precision, which is indispensable to the process.
PHYSICAL TESTING LABORATORY:
Universal Testing Machine (UTM)
Harness Testing Machine (HTM)
Immersion Pyrometer
Metallurgical Microscope.

NON-DESTRUCTIVE TESTING:
Non-Destructive Testing (NDT), radiography, and ultrasonic tests will be outsourced by external agents in
Bangalore. We also undertake liquid penetrant and magnetic particle examination in our chemical
laboratories.

MACHINERY
Muras Techno Casts makes use of Indian made machinery that integrates the renowned standards and
quality of German technology. Their array of machines include:

Machine Manufacturer

WAX HOLDING TANK MODTECH (AHMEDABAD)

WAX INJECTION MODTECH (AHMEDABAD)


MACHINE

WAX MELTING TANK MODTECH (AHMEDABAD)

WAX ASSEMBLY TABLE MODTECH (AHMEDABAD)

FLUIDIZED BED MAYUR


Machine Manufacturer

ENG(AHMEDABAD)

SLURRY TANK MAYUR ENG


(AHMEDABAD)

KNOCK OUT MAYUR ENG


(AHMEDABAD)

SLURRY MIXING DRUM MAYUR


ENG(AHMEDABAD)

RAINFALL SANDER MAYUR


ENG(AHMEDABAD)

AUTOCLAVE BOILER ENERGY PACK (BOMBAY)

SHELL CINTRING XPERT THERMAL ENG


FURNACE (CHENNAI)

HEAT TREATMENT XPERT THERMAL ENG


FURNACE (CHENNAI)

MELTING FURNACE (175 INDUCTOTHERM


KGS) (AHMEDABAD)

ROLL OVER FURNACE (25 INDUCTOTHERM


KGS) (AHMEDABAD)

SHOT BLASTING PATEL FURNACE


Machine Manufacturer

(AHMEDABAD)

GRID BLASTING PATEL FURNACE


(AHMEDABAD)

COMPRESSOR CHICAGO
PNEUMATIC(PUNE)

BELT POLISHING QMT (BOMBAY)


MACHINE

BENCH GRINDER BANGALORE

TIG WELDING MACHINE BANGALORE

SPECTROMETER BRUKER (GERMANY)

UTM FIE (BANGALORE)

HARDNESS TESTER FIE (BANGALORE)

METALLURGICAL METZER (BANGALORE)


MICROSCOPE

IMMERSION PYROMETER AJAY SYSCON (KOLKATA)

CONVEYOR SHELL VINAR ENG (KOLKATA)


PROCESS
Chapter 4: Analysis and
Interpretation
Finance- As a Finance enthusiast, I interned as Finance trainee for my summer internship programme at
Nestle India limited. For the 4 week training I was part of the Finance Department of the company. Finance
department is under the direct control of Mr. Pankaj Jaiswal(Branch Controller) below him is Mr. Abhishek
Dave (Asst. Branch Controller). Mr. Abhishek and Mr. Atul Upadhyay were my Supervisor and guide in the
organisation.
The finance department is responsible for maintaining for balancing and maintaining the short and the long
term cashflow of the company in accordance with the various retailers of the company, The department
work towards the working capital optimisation through ever increasing channel finance penetration and
faster cash conversion cycle, It focuses on leveraging technology through various softwares by making sure
of the efficiency in scheme utilisation, tracking the distribution network, bad goods control, strengthening
route to market operations, and precision in The trade spend accruals.
During the course of my virtual internship I learnt a lot about the working of the finance department of the
company I learned about the various software that Muras Techno Casts uses to manage their supply chain
operations and procurement like the requirement of MS excel and S Distribution Software is of utmost
importance in a huge multinational company like Muras Techno Casts
The importance of that software is that
• It helps in inventory management
• Automated Claims
• Visibility of Secondary Sales
• Budgetary Control
• White-Collar Productivity
• Standardized Processes
• Secondary Sales by Channel
• Promotion Evaluation
• Automated Replenishment
• Must sell SKU’s by channel
• Enhanced Sales Productivity
So my work at the company was to assist my guide in calculation of various finances. For that purpose every
working was supposed to be done on excel. I also had to calculate the payout for every Customer to check
whether they qualified for the incentive of the particular programme.
each programme had their own criteria for the payout, it also mentioned the details about the planogram
adherence for every program and how the the company products are meant to be sold and made according to
the needs and wants of the customer . My working was based on the finances of every quarter of the year
2019 and 2020 . I had to calculate the percentage total of every customer and making sure that there were no
discrepancies in the calculation. The purpose of the working was to calculate the performance of every
customer and worker .
Chapter 5:SWOT
Analysis
STRENGTHS:
 Due to industrial growth, Precision Castparts Companies (PCC) holds strong prospects for
growth.
 The annual growth rate of revenue of company is about 13.94%.
 The strategic acquisitions of different markets enhances the strength of the company.
 PCC puts the great efforts in R&D activities to meet standard of industries.
 PCC has acquired 362 positions in unit of fortune 500 in the year 2009.
 PCC holds fair share markets in Europe, Asia and US.

WEAKNESS:
 PCC also exhibits decrease in market share.
 Due to economic recession all over the world, acquisitions become more expensive and also
increase in risk involved in it.
 PCC depends on limited number of available customers for its revenues.
 Due to world-wide economic downfall, company also has to face reduction in number of
orders from industries.

OPPORTUNITIES:
 Due to increase in prices of fuel, demand for industrial parts for alternative transportation also
increases.
 PCC can explore more opportunities with emerging market such as India and China.
 With increase in defense budget in US, more orders are available for company for defense
industry.

THREATS:
 Reduced growth in markets of Europe and US also influence the company revenues
 The unstable prices of raw materials also effect the production of PCC.
Chapter 6\:
Suggestions /
Recommendations
As this is the Investment Casting Company, I observed and found only about the
“DEFORMATION“ during production process.
Investment castings are easy to be deformed during production process. We can divide the deformation into
self micro-deformation, flaring deformation and warping deformation.

*Self micro-deformation: gray iron investment castings are most easy to trace the deformation in alloy
materials. Grey iron castings shake out after cleaning, existing residual stress is mainly residual thermal
stress. In addition to make castings cold cracked, the residual stress is also the main reason causing self
micro-deformation. Even if no more than yield strength of material, but in the role of residual stress, gray
iron castings will slowly produce micro-plastic deformation by time flies.

*Flaring deformation: Forming reason is that sand core or sand mould in the opening size hinders the
contraction of investment castings, thus free structural part of castings produce plastic deformation, resulting
in a flaring deformation defect.

*Warping deformation: Investment castings after sand removal occurred warping deformation at one end,
both ends and even outer edges. Therefore the middle of investment castings was dent, leading to uneven
castings. We call such deformation as warping deformation. Its forming reason is because when the casting
is cooling, the wall thickness of investment castings is uneven and for temperature difference, so each part
of the casting cooling speed is different, producing uneven plastic deformation. Then warping deformation is
formed.

SUGGESTIONS TO SOLVE INVESTMENT CASTING DEFORMATION:

1. Before inject wax into mould, put the mould in wax injection room to keep the mould temperature is the
same as that of wax injection room. After that we start to do wax injection.

2. Test the wax pattern ourselves after wax patterns are finished to check whether there is any problem. Wax
pattern should be unified laid and avoid overlapping and dangling.
Chapter 7:

Conclusion
CONCLUSION

Internship was started with the company’s vision, mission. Internship was successfully completed
with the observation and the learning activities of human resources, marketing, and finance.
This internship program was very useful to know about the company and thanks for my guides
who have supported me to do this internship successfully.
REFERENCES

 https://murasgroup.com/

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