Bharat Forge Ltd is an Indian manufacturing company that produces closed die forgings and open die forgings. It has a workforce of 10,000 employees across various sectors including automotive, industrial, and engineering. The company is a market leader in closed die forgings with a 45% market share. It faces competition from companies like Mahindra CIE, Ramkrishna Forgings, and Electrosteel Castings. Bharat Forge has a robust organizational structure and focuses on training and developing its employees. It has received several national and international awards for its health, safety, and management practices.
Executive Summary
Bharat Forge Limited, is the world's largest single-location forging company, with an annual output of over 4,03,750 TPA.
BFL is among the top 26 innovative companies in India.
The world's largest forging company with manufacturing facilities spread across India, Germany, Sweden etc.
It is India's largest manufacturer and exporter of automotive components.
BFL has a diversified global customer base including the top five CV & PV manufacturers in the world, automotive, power, oil and gas industries.
Introduction
Incorporated in 1961 by Neelkanthrao Kalyani BFL is the flagship company of the Pune-based Kalyani Group, which has interest in forging, auto components, specialty steels, infrastructure, renewable energy and specialty chemicals business.
Today it is the Largest forging company in the world.
The company operates in two main segments – manufacturing of automotive components (vehicles, diesel engines) and non-automotive components (railways, energy, construction equipment.)
As of 18-10-2016 stock value of BFL
BSE- Rs. 915.40 NSE-Rs. 916
(Source- MoneyControl)
Executive Summary
Bharat Forge Limited, is the world's largest single-location forging company, with an annual output of over 4,03,750 TPA.
BFL is among the top 26 innovative companies in India.
The world's largest forging company with manufacturing facilities spread across India, Germany, Sweden etc.
It is India's largest manufacturer and exporter of automotive components.
BFL has a diversified global customer base including the top five CV & PV manufacturers in the world, automotive, power, oil and gas industries.
Introduction
Incorporated in 1961 by Neelkanthrao Kalyani BFL is the flagship company of the Pune-based Kalyani Group, which has interest in forging, auto components, specialty steels, infrastructure, renewable energy and specialty chemicals business.
Today it is the Largest forging company in the world.
The company operates in two main segments – manufacturing of automotive components (vehicles, diesel engines) and non-automotive components (railways, energy, construction equipment.)
As of 18-10-2016 stock value of BFL
BSE- Rs. 915.40 NSE-Rs. 916
(Source- MoneyControl)
A STUDY ON EMPLOYEE JOB SATISFACTION IN BHARAT HEAVY ELECTRICALS LIMITED (BHE...IAEME Publication
Job satisfaction, a worker's sense of achievement and success, is generally perceived to be directly linked to productivity as well as to personal wellbeing. Job satisfaction implies doing a job one enjoys, doing it well, and being suitably rewarded for one's efforts. Job satisfaction further implies enthusiasm and happiness with one's work. Hence the project entitled “A Study On Employee Job Satisfaction In Bharat Heavy Electricals Limited (BHEL), Tiruchirappalli” was undertaken to know the satisfaction level of the employees working in this Organization. The sample size of 150 employees was considered. The data were collected from the employees and analyzes were undergone. In addition to that necessary suggestions were also given.
It is a case study of BHARAT FORGE which will explain about how the company had face the issue with related to it's machinery in shop floor and how they were able to manage it.
A STUDY ON EMPLOYEE JOB SATISFACTION IN BHARAT HEAVY ELECTRICALS LIMITED (BHE...IAEME Publication
Job satisfaction, a worker's sense of achievement and success, is generally perceived to be directly linked to productivity as well as to personal wellbeing. Job satisfaction implies doing a job one enjoys, doing it well, and being suitably rewarded for one's efforts. Job satisfaction further implies enthusiasm and happiness with one's work. Hence the project entitled “A Study On Employee Job Satisfaction In Bharat Heavy Electricals Limited (BHEL), Tiruchirappalli” was undertaken to know the satisfaction level of the employees working in this Organization. The sample size of 150 employees was considered. The data were collected from the employees and analyzes were undergone. In addition to that necessary suggestions were also given.
It is a case study of BHARAT FORGE which will explain about how the company had face the issue with related to it's machinery in shop floor and how they were able to manage it.
Bharat Forge Limited : A Project of Corporate Finance by Asokendu SamantaDr. Asokendu Samanta
Abstract – Bharat Forge Limited (BFL), one of the world's largest forging companies is based in Pune, India and has nine manufacturing plants in India, Germany, Sweden, United States, Scotland, United Kingdom and mainland China. The flagship company of the USD 2.4 billion Kalyani Group was founded by Indian billionaire Baba Kalyani in 1961 and is listed both in BSE and NSE. BFL manufactures various forged and machined components for the automotive and non-automotive sector (Fig. 1). In this present report, analyses of BFL, mainly from corporate finance point of view are made. Various aspects (cash flow analysis, ratio analysis, capital budgeting, valuation of stock, working capital management, analysis with its peers) are done chapter wise collecting data mainly from company’s website and annual report. Sample calculations (ratio, NPV, IRR, Intrinsic value of stock) are shown in details and remarks are made wherever required. At the end, conclusions are drawn in chapter seven analyzing all aspects.
To review the current state of organizational excellence by size, industry sector and region and consider how your PMO measures up and compares to others
Entrepreneurship Challenges Lessons from an Automotive Start Upijtsrd
"The present paper describes an automotive start up company, Quadratech Autocomp Private Limited. This company was established by four entrepreneurs in Pune city in the year 2010 and manufactures specialised starter motor housings required in two wheelers. The research paper gives an overview of the company, the driving force behind its establishment, the challenges faced in the initial years of establishment and how these were tackled to make Quadratech number 1 tier 2 supplier in Pune city. In the era of focus on start ups, the exposure of Quadratech gives a good lesson on challenges faced by new units and the strategies that can be adopted to overcome them. Mylavarapu Monika Jahnavi ""Entrepreneurship Challenges: Lessons from an Automotive Start-Up"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Special Issue | Fostering Innovation, Integration and Inclusion Through Interdisciplinary Practices in Management , March 2019, URL: https://www.ijtsrd.com/papers/ijtsrd23057.pdf
Paper URL: https://www.ijtsrd.com/management/new-venture-start-up/23057/entrepreneurship-challenges-lessons-from-an-automotive-start-up/mylavarapu-monika-jahnavi"
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Training, Development & Conflict Management of BEXIMCO Textiles LimitedFaheem Hasan
This is the defense presentation based on my project work/thesis report entitled "Training, Development & Conflict Management of BEXIMCO Textiles Limited". I want to thank my honorable supervisor, coordinator, some teachers, seniors and my dearest friends for supporting me in this regard. If you need any sort of help or preparation for your defense presentation, then you can take assistance from this presentation. Good Luck !!
Adjusting primitives for graph : SHORT REPORT / NOTESSubhajit Sahu
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Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
4. SECTOR INFORMATION
Manufacturing can be defined as physical or chemical transformation of
materials into products on large scale using machinery or capital equipment, in
contrast to production of handmade goods for personal use.
30% of the economy is of Manufacturing Sector.
Manufacturing sector contributes 15.24 per cent of the country’s GDP.
Major Sectors includes textiles, capital goods, metals, chemicals, tires, cement,
electronics, automotive, leather & footwear, machine tools, Food, Ceramics,
Textiles Machinery etc.
Deloitte's global index, 2013, for 38 nations, has ranked India the fourth most
competitive manufacturing nation, behind China, the US and Germany
4
5. Company Information
Founded in: 1961
Founded by: Nilkanthrao Kalyani
Location: India
Pune Cantonment
Mundhwa
Pune - 411 036
INDIA
Email: info@bharatforge.com
Businesses:
I) AUTOMOTIVE (main): Passenger Vehicles, Commercial Vehicles, SUV
II) INDUSTRIAL: Power , Oil & Gas, Locomotive & Marine, Aerospace, Metals &
Mining, Construction, General Engineering.
Work Force: 10,000
5
6. Top Management
• B N Kalyani - Chairman & Managing Director,
• G K Aggarwal - Deputy Managing Director
• Amit B Kalyani - Executive Director
• B P Kalyani - Executive Director
• S E Tandale - Executive Director
• Sunil K Chaturvedi - Non Executive Director
6
7. Products and Services
Products
Closed Die Forging
• Crankshafts
• Front axle beams
Open Die Forging
• Sugar Industry
• Steel Industry
• Gear Industry
• Fan & Pumps Industry
• Oil and Gas Industry
• Tools and Plastic Injection Molding
• Forging Industry
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8. • Wind Energy
• Cement Industry
• Mining
• Marine
SERVICES OFFERED
• Global Dual Shore Manufacturing
• World Class Technology
• Full Service Supply
• Best ‘Speed to Market’ in Industry
• Cost efficiency
• Highly Qualified & Motivated, Engineering Talent Pool
8
10. COMPETITORS OF BHARAT FORGE
LIMITED
Comparisons (March 2016) between Bharat Forge and its
competitors
10
Name Market Cap.
(Rs. cr.)
Sales
Turnover
Net Profit Total Assets
Bharat Forge 22,182.46 4,305.41 701.06 5,101.89
Mahindra CIE 7,368.94 1,607.83 46.12 2,357.16
RamkrishnaForge 1,103.65 897.15 54.89 1,280.33
Electrosteel 1,051.23 1,972.26 58.96 4,460.79
Hinduja Found 690.53 845.18 -394.25 599.77
11. Organizational
Structure:
11
CHAIRMAN AND MANAGING DIRECTOR
B.N KALYANI
EXECUTIVE DIRECTOR
P C BHALE RAO
EXECUTIVE DIRECTOR
G K AGARWAL
EXECUTIVE DIRECTOR
AMIT KALYANI
EXECUTIVE VP
CORPORATE AFFAIRS
D R MOORTHY
EXECUTIVE VP
B SWAMINATHAN
EXECUTIVE VP
S S SETH
GROUP CFO
P K
MAHESHWARI
CFO AND SR.VP
SG KOGLEKAR
Sr. VP
(Chakan)
MT Pathak
Sr. VP (MCD Engg) R
Radhakrishnan
Sr. VP
(CDFD)
B P
Kalyani
Sr. VP
(Engg)
M U Takle
Sr. VP
(Sales) V K
Jain
Sr. VP (Exports)
S Tandale
12. JOB DESCRIPTION FOR HR
We are URGENTLY looking for Regional HR position based at PUNE regional office
as per the below given specification:-
Job Description:-
Designation: Manager/Senior Manager HR (Regional HR)
Role: Generalist Plus Recruitment
Region: Pune
Location: Pune
Responsibilities:-
Managing the complete Recruitment life-cycle for sourcing the best talent from
diverse sources after identification of manpower requirements for all the positions
assigned to your Region
Ensure all manpower requisitions are processed within the turnaround time.
Salary negotiations and fitment.
To execute the reference check, offer letters, appointment letters, joining
formalities.
12
13. Continued…
Induction:-
Coordinating with the Zonal Trainer & Business Managers and arranging for induction of all new
joiners.
Prepare list of participants and finalizing the date of induction
Responsible for the entire arrangements.
Employee Engagement and Recognition
Organizing various activities for the employees
Conceptualizing and implementing Fun @ workplace activities.
Staff Picnic, Birthday Celebrations.
Facilitated various group activities and ice breakers for new joiners.
Performance Management:-
Responsible for the performance appraisal system of all the employees of your Region.
Performance Monitoring.
Keeping track of all Employees performance regularly and sending feedback to the respective
Group Head.
Employee Retention:-
Address Employee Grievances develop a rapport with the employees and address their
issues/grievances.
Retention Develop grapevines and retain critical employees.
Map critical resources and develop strategy for retention in consultation with Regional Head.
13
14. Continued….
Educational Qualification:-MBA (Specialization in HR)
Other factors to include being results oriented and creative; possess strong
interpersonal, communication, and analytical skills; exposed to global environment.
Interested candidate can send their resumes to tarungoel@bharatforge.com
14
15. RECRUITMENT AND SELECTION PROCESS
Recruitment refers to the process of screening and selecting qualification people for a job at an
organization or firm.
Internal Sources:-
• Promotions and transfer
• Job posting
• Employee Referrals
External recruitment is the process of attracting and selecting employees form outside the
organization.
External Sources:-
• Advertisement
• Employment Agencies
• On campus Requirement
• Employment exchanges
• Education and Training institute
15
16. Continued….
There are 3 stages in selection process at Bharat Forge:-
• APTTITUDE TEST
• TECHNICAL INTERVIEW
• HR INTERVIEW
Interview process at Bharat forge was much more in depth . You have to go
through 5 different rounds of interview process with writing few lines about how
you will contribute to Bharat Forge, Group Discussion and three round of Personal
Interview. All rounds were highly focused on to test your soft skills and a little bit
on core mechanical engineering knowledge.
16
17. TRAINING AND DEVELOPMENT
To enhance engineering knowledge in employees, BFL set a three-month, fulltime
Engineering Development Program at Chakan
The program is based on the objectives of training operative manpower, the basics
of modern engineering terms, engineering drawing reading and new 2D and 3D
CAD techniques.
Till date, three batches comprising 37 employees have undertaken the training.
After a successful completion of the program, employees are transferred to new
projects
17
18. Shareholding Pattern
The equity shares of the Company has a face value of Rs. 2 each.
42%
9%10%
12%
12%
6%
9%
Shareholders
Promoters
Individuals
FIIs
18
19. Awards and Recognitions
SWORD OF HONOUR for safety success by the British Safety Council for their Health &
Safety Management Systems
FIVE STAR RATING by The British Safety Council, UK. The award aims to recognise the 'best of
the best' in health and safety management
Mr. Baba Kalyani, Chairman and Managing Director, Bharat Forge Limited was today,
conferred with the prestigious LAKSHYA BUSINESS VISIONARY AWARD by the National
Institute of Industrial Engineering (NITIE)
B. N. Kalyani, CMD, BFL was honored with the CROSS OF THE ORDER OF MERIT of the
Federal Republic of Germany
The French government has bestowed the award of KNIGHT OF THE NATIONAL ORDER OF
THE LEGION OF HONOUR (CHEVALIER DE L’ORDRE DE LA LÉGION D’HONNEUR) on Baba
Kalyani, CMD, BFL
19
20. Conclusion
Bharat Forge Ltd. Is one of the best company of India as well as World.
Bharat Forge Ltd known for its TQM and HR policies in the World.
The employees are very much satisfied, who are working for Bharat Forge Ltd.
All the employees are motivated and work together to achieve company`s goal.
Because of high motivated employees Bharat Forge Ltd total revenue is 43054
million in 2016.
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