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1. A
PROJECT REPORT
On
“LABOR / EMPLOYEE WELFARE”
Submitted to the Savitribai Phule Pune University in
Partial fulfillment of requirement for the award of degree
BACHELOR OF BUSINESS ADMINISTRATION
Submitted by
MANSI PURUSHOTTAM SOLANKI
T.Y B.B.A
Exam seat no.
Under the guidance of
MISS. KARISHMA TAPARE
Through
INDRAYANI MAHAVIDYALAYA
Talegaon Dabhade, Pune-410507
(2020-2021)

2. CERTIFICATE
This is to certify that this project report entitled,” oswal industries ltd.
(valves)” , which is being submitted herewith for the award of the
degree of BACHELOR OF BUSINESS ADMINISTRATION of savirtribai
phule pune university is the result of the original research work
completed by MANSI PURUSHOTTAM SOLANKI under my supervision
and guidance.
Respected signature;
SUBJECT PROFESSOR
HEAD OF DEPARTMENT
PRINCIPAL
INTERNALSUPERVISOR EXTERNAL SUPERVISOR
TALEGAON DABHADE
DATE-

3. ACKNOWLEDGEMENT
I am highly grateful to my HEAD OF DEPARTMENT Prof. VIDHYA
BHEGADE and my project guide MISS. KARISHMA TAPARE for helping
me in completion of my project. Without their support this project
would have not become a reality.
They have helped me throughout the project. I am indebted to them for
extending me all co-operation and protector ship while completing the
project. They have been wonderful supporters and continuous
motivators for me who helped me in turning my ordinary project into
an excellent one.
I am very thankful to my subject professor, MISS KARISHMA TAPARE
whose fruitful discussion and suggestions has helped me to enrich my
project work I am thankful to OSWAL INDUSTRIES LIMITED for
providing me an opportunity to work with them and make a wonderful
project.
MANSI PURUSHOTTAM SOLANKI
DATE-

4. DECLARATION
I, the undersigned, hereby declare that the project report titled “OSWAL
INDUSTRIES LIMITED”, written and submitted by me to the SAVITRIBAI
PHULE PUNE UNIVERSITY in partial fulfillment of the requirement for
the award of degree of BACHELOR OF BUSINESS ADMINISTRATION
under the guidance of MISS. KARISHMA TAPARE, it is my original work
and the conclusions drawn therein are based on the material collected
by myself.
MANSI PURUSHOTTAM SOLANKI
TYBBA
DATE-
PLACE- TALEGAON DABHADE

5. INDEX (contents)
SR.NO CONTENTS PAGE
NO.
01 Introduction (labor welfare) 06
 Objectives of the study 07
 Need of the study 08
 Scope of the study 09
02 Organization profile 10
03 Product profile 12
04 Research methodology 16
05 Data analysis and interpretation 19
06 Observation and findings 29
07 Conclusion 31
08 Bibliography 32
Annexure

6. INTRODUCTION
EMPLOYEE/ LABOR WELFARE:
The term employee or labor welfare is a broad term which comprises of
numerous services, facilities and benefit that the employer offers to the
employees. If includes joy, comfort, contentment, protection and
growth of human capital.
It helps employees to set minimum desirable standard like housing,
health, clothing, education, job, insurance and fun for themselves. Such
incentives enable the workers to live a satisfactory social and work life.
Employee welfare boosts the morale of employees and motivates them
to such an extent that they do not leave the organization for long time.
The measures taken for employee welfare can be both in cash or kind.
According to Arthur James Todd, “labor welfare means anything done
for the comfort and improvement, intellectual or social, of the
employees over and above the wages paid which is not necessity of the
industry”.

7. According to ILO Report, “labor welfare means such services, facilities,
and amenities, which may be established in, or in the vicinity of
undertaking to undertaking to enable persons employed therein to
perform their work in healthy and congenial surroundings and
provided with amenities conducive to good health and high morale”.
OBJECTIVESof employee/ labor welfare –
- To employee welfare activities are mainly aimed at encouraging
economic growth as they enhance production and efficiency.
- The moral behind this is to enable the loyal workers contribute
wholeheartedly in the development of the industry and pay back
the voluntary and statutory obligation of the employer in respect
of the employees welfare.
- It aims to enhance the productivity of workmen. An improved
efficiency is double rewarding. Firstly, it increased the output and
secondary, it gives increased wages as a result into higher wages.
- If the working environment is not employee friendly and consists
of unhealthy aspects like noise, dust, excessively high or low
temperature, fumes, etc. it might stress out the worker.

8. - In order to save the employee and their families from hazards,
welfare activities provide the employer to assist the employees in
meeting their needs.
- Employee welfare strongly check social evils such as gambling,
drinking, whoring, etc., by providing a healthy, social and
cultural work conditions.
NEEDS of employee/ labor welfare-
- Employee welfare is an ever changing concept and is different in
different countries and also differs from area to area in any given.
- It is a flexible and dynamic concept as welfare measures are
modified and added periodically.
- The measure that companies take on employee welfare is
supplementary to the regular salary and other benefit that the
employees are legally entitled it.
- The main motive behind employee welfare is to enhance the
quality of life of the workers and convert them into good
employees and good citizens.

9. - The warm and humanitarian emotions of the employer are the
outcome of voluntary action or may be because of the tradition of
some industries or local customs i.e., employee benefits and
services.
SCOPEof employee/ labor welfare-
- The comprise of the situations that the workers face while
working such as hygiene and cleanliness, aeration, humidity,
removal of dust, gases, smoke and fumes, etc.
- They comprise of medical examination of workmen, health
center, dispensary or clinics in the factory for treatment of the
workmen, child welfare, education for women, fun activities, etc.
- It includes factory council made up of worker’s and employee’s
spokespersons, vocational testing and interview, etc.
- They consist of cooperative stores for customer needs, cooperative
societies for credit, banking facilities, health cover, etc.
- To comprises of relief and fun activities, safeguarding homes for
older people, legal and medical help to the deprived for free,
social casework to handle unlawful activity and child care.

10. ORGANIZATIONAL
PROFILE
OIL has India’s largest single location integrated manufacturing facility
of over 100,000 square meters. Foundry is dedicated to manufacturer
only valves castings.
It includes metallurgy such as steel, alloy steel, duplex stainless steel,
super duplex stainless steel & exotic alloy grades like hastily Inconel,

11. etc. this gives us an edge & makes us the only fully integrated valves
manufacturer from India.
The company has adopted a Total Quality Management approach to its
various processes & has implemented MICROSOFT ERP system for
faster & efficient management. The goal is to be a world class
manufacturing facility.
- Mumbai office;(head quarter)
Oswal industries limited
3rd
floor, kartar mansion, tribhuvan road, off. Lamington road,
Mumbai- 400004. India.
Tel- (+91)22-61448000-99
Email- mktg@oswalvalves.com
- Corporate office & plant;
Block no. 258, Ahmedabad- Mehsana
Expressway,
Village- OLA, Post- isand, Taluka- kalol,
Distt.– Gandhinagar -382740, India.
Tel- (+91)2764-226884 /5 / 6 / 304700
Email- sales@oswalvalves.com
CIN no.- U27100GJ1983PLC006037

12. PRODUCTPROFILE
Gate valve
Oswal gate valves are heavy
duty, outside screw & yoke
type, bolted bonnet, rising stem
with non-rising hand wheel.
Straight through bore design
assurances minimum
turbulence, erosion and
resistance to flow. The most
advantage design features
provides the ultimate in
dependable, economic flow
control.

13. Global valve
They are available in wide
range of sizes and weights.
These are widely suited for
high pressure and temperature
and variety of fluids. Globe
valves are generally considered
where moderate control or
regulation of flow is required.
But required much force to
operate compared to gate
valves.
Check valve
Oswal check valves are heavy
duty, bolted cover, renewable
seat ring, and body mounted
disc swing type. Valves are
straight through flow which
works automatically. They are
opened by the force of velocity
pressure and closed by the
force of gravity and back
pressure. The valves are single
direction flow and restrains
flow in opposite direction.

14. Trunnion mounted ball valve
It is the result of innovative
engineering. It embodies all the
quality, performance, value
and safety features required for
critical applications. In this
valve, the ball rotates without
moving on the horizontal axis,
whereas seats are floating and
free to move on the same axis.
Cryogenic valve
The cryogenic valves are
installed on applications
involving the production,
transport and storage of
liquefied gases such as oxygen,
nitrogen, argon, natural gas,
hydrogen or helium down to -
254‫ﹾ‬ c. The cryogenic tests are
performed in fully equipped
in-house facilities.

15. Pressure seal valve
Oswal high pressure valves
(pressure seal type) offer high
performance, reliability and
safety. The valves are especially
suitable for high pressure and
high temperature applications
in steam, oil and gas
processing, power industry and
in the chemical and
petrochemical industry.
Fugitive emission valve
Most of the focus regarding
fugitive emission in valves
relates to valve stem packing.
Less attention is paid to the
bolted joints in a valve. Valves
can have many as 5 bolted
joints-two-end flanges, 2
body-to-end adapter flanges
and bonnet flange. These are
potentially a significant source
of fugitive emission.

16. Nuclear valve
To meet the country’s growing
demand of nuclear qualified
valves, oswal industries ltd. has
also decided to venture into
this field by developing the
prototype valve as a technology
development project for
nuclear qualification.
RESEARCH METHODOLOGY
This company valve design meets seismic test requirements for nuclear
zone V.
- In-housing laboratory & testing facilities are supported with
spectrometer, UTM, impact testing, pyrometer, hardness testing,
micro structural analyzer, ultrasonic, magnetic particle
inspection, dye penetration, radiography and pressure testing
facilities, PMI, fire safe, cryogenic testing, helium leak detection,
black light testing for oxygen service & cleaning.

17. The company monitors the performance of our products at the
customer sites. We give due consideration to the feedback from clients
for constant improvement and up gradation.
Oswal R & D wing is well equipped with required infrastructure to
arrive at an optimum product design to meet customer requirement.
Oswal industries ltd. engineers at R & D have the required expertise to
check the product attribute well before its physical procurement.
Oswal group;
Foundry division
It is manufacturing
castings for oil and gas,
petrochemical, refineries
and other sectors.
Castings are
manufactures by electric
induction melting
furnace, moulding &
core making by 2 parts

18. no bake system on
omega moulding. Heat
treatment is done in gas
furnace.
Metal force
Oswal’s product range
of all major pressure
class valves like gate
valves, globe valves,
check valves and ball
valves which are made
from high quality cast
carbon steel, alloys steel,
stainless steel & super
alloys material.
Oswal infrastructure limited
A company established
with a vision to
contribute in the
infrastructure
development of India is
100% owned subsidiary
of a business legend. In
the recent years, India
has seen remarkable

19. growth in power &
energy, oil & gas,
refineries, city gas
distribution,
transportation ,
communication and all
major sectors.
NIMBA- nature cure village
It is a unique facility that
helps to restore the
natural balance of your
mind, body and spirit
through modern medical
advancements, ancient
medical techniques and
contemporary &
international therapies.
DATA ANALYSIS AND INTERPRETATION
Q-1. How many labors/ workers in company as gender description?
Total workers Gender
Males Females
201 to 500 349 151

20. Interpretation- from the above graph and table we can interpret the
most of the respondent are male which shows that males are taking
more apply for jobs rather than females.
Q-2. How is the experience of worker/employee working in company?
Worker’s experience Poor/easy Difficult
Work & life balance 65 23
Compensation 54 12
Safe & security 81 20
0
50
100
150
200
250
300
350
400
male female
total worker/employees
total worker/employees

21. Interpretation- we can interpret that the most of the candidate are
experience bad and good life style for working conditions. The
company provides safe and security for worker/ employee and provides
facility with better salaries and compensation/ bonus.
Q-3. What is respondent belong from service sector by self-employed
and unemployed?
Labor welfare
/employee welfare
Service sector
Self-employed Un-employed
61 37
poor/easy
difficult
0
20
40
60
80
100
work & life
balance compensation
safe & secirity
poor/easy
difficult

22. Interpretation- from the above table and pie-chart describe the labor
welfare condition as employed and unemployed in the company.
Q-4. How many products from India are exported to foreign country?
COUNTRY’S NAME PERCENTAGE(exports)
EU27 33%
US 21%
UAE 6%
ITALY 4%
CHINA 5%
labour welfare
self-employed
un-employed

23. BANGALESH 3%
JAPAN 1%
Interpretation- In many country’s product are export and imports
whether Oswal Company export to goods to foreign country.
Q-5. In oswal industries limited company, ensure that the level of
selling areas shows the domestic region and export region areas?
Selling areas Percentage
Domestic sale areas 67
Exports areas 33
0%
5%
10%
15%
20%
25%
30%
35%
percentage(exports)
percentage(exports)

24. Interpretation- oswal industries ltd. Ensure that the comparison
between domestic region and export or foreign to deliver or supply the
goods valves.
Q-6. What is the nature described to maintain the company fruitful
and deviation to level up the industries?
Nature of company Limited system
Manufacturing 60
Research and development 22
MNCs 10
percentage
0
20
40
60
80
domestic sales
exportts areas
selling region
percentage

25. others 8
Interpretation- R & D elaborate the research method, MNCs to widely
spread, manufacturing is to quality of product with price shows the
company capability to complete the others.
Q-7. Which are the oswal industries products export to foreign
country as such products of valves?
Product name Percentage %
Gate valves 35%
Globe valves 20%
Check valves 11%
0
10
20
30
40
50
60
70
manufacturing research and
development
MNCs others
limited system
limited system

26. Trunnion mounted ball valves 5%
Cryogenic valves 8%
Pressure seal valves 12%
Nuclear valves 9%
Interpretation- oswal industries valves product which are variety of
such goods to export foreign company’s countries.
Q-8. In market competition, how we compete the industries to
minimize the nature of competition?
Nature of competition Percentage %
Skilled labor 15%
Manufacturing 35%
0% 5% 10% 15% 20% 25% 30% 35%
GATE VALVES
GLOBE VALVES
CHECK VALVES
TRUNNION MOUNTED BALL…
CRYOGENIC VALVES
PRESSURE SEAL VALVES
NUCLEAR VALVES
specialisation of export product
Series 1

27. Quality 21%
Better infrastructure 23%
Others 6%
Interpretation- in many competitor industries or company to check out
errors in the development of company as level of others.
Q-9. As a part of oswal groups, company’s strengths of manufacturing
the product to minimize the deviation or loss of industries?
Strength of manufacturing
industry
Strengths no.
low labor 19
Optimum raw material 27
nature of competition
skilled labor
manufacturing
quality
better infrastruture
others

28. Quality product 23
Potential domestic and
international market
31
Interpretation-oswal group foundry division is maintain the strength of
product to manufacturing with potential utilization of resource and
international market connection with skilled labor as compared to low
labor.
Q-10. Which are the omitted errors in the industries to minimize the
risk taking to decision making solution?
Weakness of company Weakness
Lack of technology 12
Fragmented industry 32
Government policies 35
0 10 20 30 40
low labor
optimal raw material
quality product
potenial domestic and
international market
strengths of manufacturing industries
strengths of manufacturing
industries

29. Infrastructure 25
Interpretation- in top level management ensure that the overall
performance of industries to maintain the levelly of company to solute
the technology with techniques ,govt. policies which are improve the
desire, fragmented industry quality with better infrastructure.
OBSERVATION AND FINDING
At oswal group, we observe a range of transformative initiatives
focusing on improving business policies and practices. They have set
the following goals for the same:
- To have minimal impact on the natural environment.
- To empower employees to be responsible civil members.
0
10
20
30
40
lack of technology
fragmented industry
government policies
infrastructure
weakness of company
weakness of company

30. - To enable local communities to develop their potential.
- To create overall awareness about the surroundings and enhance
it.
1985
- Foundation of oswal industries limited; foundry division
1995
- Commencement of production of valves- gate, globe and check
valves
2002
- ISO 9000:2000 and API certification
2004
- CE certification
2005
- Manufacturing of Trunnion Mounted Ball valves
2006
- Manufacture of pressure seal valves
2007
- Assurant celebrates 5 years as a public company. Manufacturing
of cryogenic valves

31. 2010
- Manufacturing of large size valves and establishment of R&D
center Assurant solutions wins the Stevie “Awards for sales 7
customer service category.
2012
- Received large export orders
2015
- Oswal grows its international sales & service network & has
offices now in USA, EUROPE, AFRICA< Middle East, SOUTH
KOREA & JAPAN.
2016
- FM approval for metal seated gate valves export sales over 85%
CONCLUSION
We take pleasure in introducing OSWAL INDUSTRIES LIMITED (OIL)
as a leading manufacturer of gate, globe, check & ball, cryogenic &
pressure seal valves from India.
To be globally respected conglomerate driven by excellence.

32. Be a world class flow management solution provider with a global
presence imbibing best international practices while promoting highest
levels of quality.
We are willing to adapt to changes to meet the challenges of the market
place but will not compromise on our beliefs, ethics and integrity.
We will;
- Aim for highest customer satisfaction.
- Be caring for our stakeholders, people and our society.
- Be passionate for continuous innovation and high performance.
- Respect for safety & environment.
BIBLIOGRAPHY (Reference)

33.  Oswalvalves.com/index.html
 www.oswal-valves.com
 http://www.oswalvalves.com/
 Indiamart.com/oswal-industries-limited Mumbai/ product
Oswal business operations are well handles by core management
team. With two and half decades of collective experience in the
industry, they guide us in successfully understanding a d meeting the
requirement of our customer.