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MINOR PROJECT REPORT SUBMITTED TOWARDS THE

PARTIAL

FULFILLMENT OF UNDER GRADUATE DEGREE IN


BUSINESS ADMINISTRATION

NUVOCO VISTAS INDIA LIMITED

SUBMITTED BY: AVINASH KUMAR SINGH

BBA (2017-2020)

Roll No.: E-63

ENROLLMENT NUMBER: A3906417482

FACULTY GUIDE STUDENT NAME: DR. MAMTA SAHRMA

AMITYSCHOOL OF BUSINESS, NOIDA

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AMITYUNIVERSITY – UTTAR
PRADESH

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CERTIFICATE OF ORIGIN

This is to certify that I, Mr. AVINASH KUMAR SINGH, a student of Under


Graduate Degree in BBA(GENERAL)2017-20, Amity School of Business,
Noida
has worked under the able guidance and supervision of
DR. Mrs MAMTA SHARMA.

This MINOR PROJECT report has the requisite standard for the partial
fulfilment
the Under Graduate Degree in Business Administration. To the best of our
knowledge no part of this report has been reproduced from any other report
and the contents are based on original research.
I am aware that in case of non-compliance, Amity School of Business is
entitled to cancel the report.

Signature
(Student)

Name of the student: AVINASH KUMAR SINGH


Enrolment No.: A3906417482

Signature of Project Coordinator


(Faculty Guide)

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ACKNOWLEDGEMENT

I express my sincere gratitude to my faculty guide Mrs. MAMTA SHARMA, for


his/her able guidance, continuous support and cooperation throughout my
project, without which the present work would not have been possible.

Signature
(Student)

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DECLARATION

I hereby declare that matter in the project report entitled NUVOCO VISTAS
CORPORATIN LIMITED, which is submitted to AMITY SCHOOL of BUSINESS, is
original work. Wherever work from other sources has been acknowledged and
referenced in accordance with the requirement of NTCC regulations and
guidelines. I have also not used work previously produced by other student to
submit it as my own. The work adheres to the guidelines and regulations of the
project.

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SERIAL TOPICS PAGE
NUMB NUMB
ER ER
1. INTRODUCTION 8
2. HISTORY 9

3. DETAILS 10

4. MAIN PLANTS 11

5. CEO & EXECUTIVE MANAGERS 13

6. MARKETING POLICIES & STRATERGIES 16

7. COMPANY FINANCIAL ANALYSIS: (2017-2018) 17

8. HR POLICIES 19

9. SWOT ANALYSIS 21

10. SAFTEY AT JOJOBERA CEMENT PLANT (JAMSHEDPUR) 22

11. CONCLUSION 27

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INTRODUCTION

NUVOCO VISTAS COROPORATION LIMITED latterly known as LAFARGE INDIA


LIMITED was incorporated in 1999 at 100% subsidiary. In 2014 LAFARGE and HOLCIM
internationally converged to frame another element. LAFARGE and HOLCIM stripped its
whole stake in LAFARGE INDIA LIMITED into NIRCHIM CEMENTED LIMITED and
therefore LAFARGE INDIA LIMITED turn into 100% auxiliary of NIRMA GROUP
LIMITED.

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HISTORY
NUVOCO VISTAS CORPORATION LIMITED has been a piece of indian development
scene since 1999; through its bond business. They have of now six bond and near sixty-five
prepared blend solid plants in India. They have a set up nearness over every single significant
city and towns in India through their operations across two business divisions:

 CEMENT and VALUEADDED PRODUCTS SERVICES


 READY MIX CONCRETE and AGGRIGATES

LAFARGE was found in 1833 by JOSPEH AUGUSTE PAVIN DE LAFARGE in le tell to


exploit the lime stone quarry in the MONT SAINT – VICTOR between le TEIL and
argillaceous and yielded an eminently hydraulic lime.

In 1864 LAFARGE marked its first worldwide contract for the conveyance of 110000 tons of
lime of the Suez Canal development venture. In 1980 Lafarge joined with Belgian coal, coke
and manure organisation coppee to become SA LAFARGE COPPE.

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DETAILS

LAFARGE acquired a plant from the National GYPSUM in mid1987, after ten year, it
purchased Redland plc, a main British quarry administrator.

In 1999, Lafarge obtained 100% shareholding in HIMA CEMENT LIMITED, the second -
biggest concrete maker in UGANDA, with introduced limit of 850000 metric tons every year,
as of January 2011. IN 2006 LAFARGE north America investors acknowledge a$3 billion
delicate offer from Lafarge group which gave the parent organisation full power over the
NORTH AMERICAN business. Expelling LNA from the new shares. In 2001, it stripped its
material division, pitching it to a private vale aggregate in an arrangement that brought about
Lafarge holding a 35% vale stake.

On 15 May 2008 Lafarge picked up Larsen and tourbo ready mix-concrete business in India
for $349 million.

In 2010, Lafarge fortified its quality in Brazil (simultaneousness with Lafarge and
STRABAG to make a run of the mill association in cement in central Europe).

In 2011, Lafarge sold to Boral its stake in their normal Asian Gypsum joint experience
LGBA (LAFARGE BORAL GYPSUM ASIA)

IN 2011 Again Lafarge SA detailed it would build a bond plant in Langkat, North Sumatra,
Indonesia with endeavour up to RS 5 trillion $585 million.

Lafarge impelled three plants in HUNGRY, SYRIA and made a joint experience with
ANGLO AMERICAN in the United Kingdom.

The group sold a vast bit of its European, South American, Asian and Australian Gypsum
assignments.

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MAIN PLANTS

 SONADIH CEMENT PLANT, CHATTISGARH: The plant is situated in a zone of


91.886 hectors. The creation limit of the plant is 3.5 million tons per annum (MTPA)
of clinker and 1.o MTPA of cement. Some portion of clinker delivered will be sent to
Mejia grinding unit situated at AMDANGA village, BANKURA DISTRICT, WEST
BENGAL & JOJOBERA in JHARKHAND. Clinker is transported by the railroad
wagons SONADIH to MEJIA and JOJOBERA Plants.

 JOJOBERA CEMENT PLANT, JAMSHEDPUR : It is state workmanship, solid


squashing unit reliant on latest and most eco-obliging development abutting Tata
Thermal Power Station close Jamshedpur. The plant has been set up with the
fundamental focus of utilizing mechanical abuse of TATA Steel and TATA Power i.e.
slag and Fly blazing remains resp. additionally, dying down the Pollution in the area
to the extent Solid waste utilization. The required Clinker conveyed at LIL sister units
SONADIH Cement Plant and ARASMETA Cement Plant is transported to the plant
by Rail, Slag from Tata steel by rail and road, Fly searing garbage pneumatically
passed on through shut pipelines and Gypsum by rail, to convey concrete.
JOJOBERA Cement Plant is having electronic squashing structure involves of a ball
plants, roller presses and vertical roller plant.

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I have taken reference to CSR MANAGER OF JOJOBERA CEMENT PLANT and he
provided many information about the company. While speakme to PRO of the Company,
I came to realize that HOLSEM and LAFARGE each determined to merge globally and
as we know, they each are MNC (Multi National Company).

When each the company merged than the Indian authorities told the MNC’s that in jap part of
the us of a five million ton of stake is greater or the ability is greater of the business
enterprise in Japanese part of India is greater, so that they must various it however in Eastern
a part of India the primary or main plant’s that were LAFARGE Jojobaera cement plant
Jamshedpur and Sonadih Cement Plant Chhattisgarh.

Some more records approximately NUVOCO VISTAS CORP. LTD. (previously Lafarge
India ltd.).

I even have accrued a few extra facts approximately the agency with the aid of journeying
again the organisation. I actually have also talked to Mr Atul Kumar who is PRO (Public
Relation Officer) in NUVACO Jojobera Cement Plant, Jamshedpur.

NUVOCO VISTAS CORP. LTD. (previously Lafarge India) has been the a part of the Indian
construction landscape since1999; thru its cement enterprise. They currently have six cement
and close to sixty-five ready blend concrete flora in India. They have and set up presence
across all foremost cities and cities in India. Their operations across to commercial enterprise
divisions are:

1. Cements

2. Ready blend concrete (RMX)& aggregates

3. Value introduced products

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CEO & EXECUTIVE MANAGERS

Mr. Jayakumar Krishnaswamy joined Nuvoco as Managing Director in September


2018; in charge of its 3 enterprise divisions; bond, prepared mixture cement and totals.
This is his 2nd innings with Nuvoco; having recently settled the inexperienced-area
website online for the Chittor Cement Plant and its circulate framework. Mr.
Krishnaswamy has more than 30 years of experience over the Automotive, Building
Materials, Engineering, and FMCG Industries. His remaining task was as Managing
Director of AkzoNobel India; where he turned into in price of Srilanka, Bangladesh,
Nepal and Bhutan. Before that, Mr. Krishnaswamy turned into General Manager Supply
Chain at Hindustan Unilever; in which he worked in one-of-a-kind positions and
crosswise over assembling locales in the Home and Personal Care, and Foods fragments.
He became likewise in fee of setting up inexperienced-field plants, handling the store
community and using the association's exchange motivation for the South Asia locale.
Mr. Krishnaswamy started out his profession in assembling with M/s Brakes India
Limited and turned into later connected with Eicher Tractors Limited; wherein he was
likewise a part of a crew engaged with providing TQM ideas. Mr. Krishnaswamy is a
Mechanical Engineer and graduate of Delhi College of Engineering. Over the span of his
vocation, he created mastery in coordinated inventory community the board, kick-starting
new activities, and changing associations.

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Devendra Shangari
Human Resources & Industrial Relations
Mr. Devendra Shangari has been going Human Resources and Industrial Relations for
Nuvoco over all enterprise traces considering 2014. Mr. Shangari joined Nuvoco in 2002 to
go Personnel and Administration at Nuvoco's Arasmeta Cement Plant, and later moved to
Kolkata to soak up a process as BU Training Head in 2006. Following a12 months, he turned
into going HR Operations and changed into in rate of HR and modern-day relations for all
bond plants and undertaking locales within the East. Amid this time, Mr. Shangari moreover
strengthened Lafarge Bangladesh as Head of HR for about a year.

Joydeep Chatterjee
Special Projects, CSR & Corporate Affairs
Mr. Joydeep Chatterjee heads the Special Projects, Corporate Social Responsibility (CSR)
and Corporate Affairs features at Nuvoco. Mr. Chatterjee joined Nuvoco in 2008 as Senior
Vice President of Green-discipline Projects; in which he effectively commissioned the
Rajasthan, Bhivani and Sonadih Railway line initiatives. In 2012, he was made Chief Project

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Officer; and in September 2016, he turned into given extra duties of overseeing the
organisation’s CSR sports. He has been heading Corporate Affairs for Nuvoco considering
May 2017.

Maneesh Agrawal

Chief Financial Officer

Mr. Maneesh Agrawal joined Nuvoco as Chief Financial Officer in October 2017. He is
responsible for the overall Finance function of Cement and Ready-Mix Concrete (RMX)
businesses at Nuvoco; comprising of Corporate Finance, Operational / Business Finance,
Banking, Treasury, Funds Management, Working Capital Management, Accounts, Audit,
Direct & Indirect Taxation, Shared Serives, Information Technology, Internal Financial
Controls, Policies & Processes, and Insurance.

MARKETING POLICIES & STRATERGIES

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Ms. Madhumita Basu heads Marketing, Innovation, Strategy and IT for Nuvoco’s all business
areas. Ms. Basu took rate of heading Innovation for Nuvoco in April 2017; wherein she
drives the employer’s 5-degree innovation method through its world-class Construction
Innovation Development Centre. The Centre is a hub for growing new products from factor
of conception to marketplace creation; it also nurtures dynamic partnerships to develop clever
and applicable construction technology.

 Binding together of information gathering of however much client information as


could be expected from various sources
 Information preparing bringing a lot of every single accessible client and crowd
information from various sources to a solitary view
 ID of clients also, their gadgets in every single imaginable channel, connecting
Customer Journey from different sources, coordinating identifiers.
 Profound information mining utilization of Machine Learning models for prescient
investigation. A solitary access to all audience information for trials.
 Crowd division deciding the customer/guest's hit in the section dependent on the
depicted guidelines.
 The main product of the company is cement. The company supply its products direct.
For example, if any construction is happening so the company supply the product as
per the requirement of the construction which is happening, and the company also
supply its products directly to the shops with the help of middle man or broker.

COMPANY FINANCIAL ANALYSIS: (2017-2018)

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As we can see from above table that in 2017-18 amount of CLINKER in the company was
less because in the year 2017-18 CLINKER and SLAG came to company by road and not by
train. CLINKER is a powder like thing which is one of the raw of materials use to become
cement and concrete.

As in the year 2016-17 the profit was 72cr and in year 2017-18 it was only 34cr which not
even the half of previous year.

The only and good thing increased is the capital employment up to 200 cr.

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HR POLICIES

As a growing company, introductory problems confronted have been,

• Creating mindfulness about vocation openings in ITES,

• Understanding and distinguishing right ranges of capabilities,

• Meeting forceful growth goals,

• Creating and executing HR arrangements to fit exceptionally powerful work area.

After the principal length of enrolment, confronted other HR demanding situations within the
territories of,

• Retention structures,

• Compensation and benefits,

• Managing representative desires.

One of the most noteworthy gaining knowledge of got here through being a bit of a pass-
sensible institution in a Business Process Reengineering undertaking. The interest become on
mapping cutting-edge commercial enterprise strategies and building efficiencies,
benchmarking our execution measures with world elegance touch focuses.

Company’s expectations with respect to business ethics are contained in the Code of
Business Conduct and Ethics (the “Code of Conduct”).

Employees are required to report actual or suspected violations of applicable laws and
regulations and the Code of Conduct, and Company has an obligation to ensure that there is
a procedure in place to enable the reporting of such violations.

This Vigil Mechanism and Whistle-blower Policy (the “Policy”) sets out the procedure to be
followed when making a disclosure.

This Policy applies to all Employees, regardless of their location. Violations will result in
appropriate disciplinary action. Please familiarize yourself with this Policy, and seek advice
from the Legal Head, if any, questions arise.

In this Policy, the following terms shall have the following meanings:

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 Audit Committee: It provide the overview of the financial report process, all
rules and regulation in the organisation, system of internal control and the
audit process.
 Code of Conduct: It is a set or a series of rules and regulation, responsibility
and social norms which is practiced by the people in the organisation.
 Employee: The employ in the company must follow all the rules and
regulations in the company.
 Ethics Committee: It ensures that the human research and medical
experimentation are carried in ethical manner.
 Protected Disclosure: The workers are not allowed to disclose any of the
information of the company outside.
 Reportable Matter: The workers working In the company are allowed to
report anything wrong happening in the company and organisation as soon as
possible to top level management.

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SWOT ANALYSIS

STRENGTH-

 One of the market leaders in cement enterprise world wide .


 Operations in50+ international locations makes it one of the world wide leaders in
production and actual estate
 Strong supply chain makes its operation effective.
 Over 60000 human beings are employed within the organization. The product
portfolio includes cement, construction, asphalt, production and urban.
 Reshuffling in the pinnacle control has resulted in a more centered and strategic
business method.
 Consistently improving economic traits have the commercial enterprise operations
 The organization has achieved important innovations and made landmarks
monuments across the world in also locations like GREECE, SOUTH KOREA AND
son on.

WEAKNESS-

 Strong competition means limited market share growth.


 Can target other competitor customer base.
 Strategic marketing and advertising would help in increase brand recall and
credibility further.

OPPORTUNITY-

 Acquisitions of smaller players would make them a stronger brand


 Can target other competitor customer case
 Strategic marketing and advertising would help increase brand recall

THREATS-

 Challenges in post merger operations can affect business


 Strong competition in all operation countries.
SAFTEY AT JOJOBERA CEMENT PLANT (JAMSHEDPUR)

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After interaction with the two partners in the company who load and unload racks, safety etc.
Their firm name is A.K TRANSPORT.

NAME: JAY PRAKASH

OWNER IN AK TRANSPORT

Name: PAPU SINGH

OWNER in A.K TRANSPORT

They have their own machines and vachicals and around 100 human capital working in the

plant.

Their main headache is the safety of the labours working under them.

There is always a case of injury of labours working in the plant.

They have given me details of safety and some information, which are as follows-

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This person is working at Height without any precaution because of safety the man has to
wear full body harness.

If any worker working above 1.8meters then they have to take permits as a permission and
take caution while working in the height which they have to wear harness.

This is 40ton EOT crane. It's one of the strongest lifting Crane in India only available in few
industries.

Safety theme is always displayed by the top-level management of the company. In 2019
safety theme was displayed by the help of 5S:

 SORTING: It removes unnecessary materials and tools from a work space. This
process frees up space for the process and it keeps only what is needed during the
time of process.
 SET IN ORDER: It organise the tools, machines and materials which is required
during the process.

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 SHINNING: Cleaning of the work area, tools and equipment’s clean. Clean work
area prevents clutter or dirt from hiding potential problems and improves the work of
the equipment.
 STANDARDISING: Summarizing what is being done.
 SASTAIN: keep track for outgoing process. Track of proper evaluation,
communication and ongoing training.

5S was followed by a well-known company in Japan Named Toyota

DISPLAYING SAFTEY AND TELLING ABOUT PRECAUTIONS


As the person is working on top of the cement silo. Silo is a tank like structure where cement
are stored, be very careful about the path because there is always chance of getting slipped in
belts because of the cement all around. Many people working lost their life.

Safety meeting is carried out by our plant VP (vice president) Manoj Aggarwal Gate meeting
is being organised by top management Every 1st day of the month we organise gate meeting
And we have safety theme for every month Like for e.g. working at Height, Housekeeping,
road safety etc Silicosis awareness program Organised by our safety chief Go green
campaign Avoid plastic bags These are daily toolbox talk.

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Some of the real image of the company:

DEMONSTRATION FROM VC

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UNLOADING OF RACKES

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CONCLUSION

Lafarge Holcim proclaims it has entered into a letter settlement with Nirma Limited difficulty
to approval through the Competition Commission of India (CCI) for the divestment of its
interest in Lafarge India for an employer price of approximately USD 1.4 billion. Lafarge
India operates 3 cement flowers and two grinding stations with a complete ability of round 11
million tonnes in step with annum. The organization additionally markets aggregates and is
one among India’s main geared up-mix concrete manufacturers. The proceeds from the
divestment may be used to reduce debt in addition.

Eric Olsen, CEO, stated that this agreement is a vital step in. Five billion divestment
program. With this deal, third of the program has been secured and the remainder of this
system will be on track. He confident that they will able to meet their goal by 12months.
With the proposed consumer they have got located in the proper associate who can be able to
expand the commercial enterprise in addition inside the interest of all their stakeholders.

BIBLOGHRAPHY

1. NUVOCO JOJOBERA CEMENT PLANT JAMSHEDPUR


2. Mr ATUL KUMAR (PUBLIC RELATION OFFICER NUVOCO CEMENT PLANT JAMSHEDPUR)

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