SlideShare ist ein Scribd-Unternehmen logo
1 von 46
Seminar Report

                                     on

                “Cement Industry-UltraTech Cement”
       Submitted in Partial Fulfilment for the Award of the Diploma of

                    Post Graduate Diploma in Management

                             (Session 2010-12)




Submitted to:                                   Submitted By:
Faculty Name: Dr.Ajay Pratap Singh              Student Name:Anamika Verma
                                                Internal Guide:Dr.Raj Purohit
                                                Roll No:PGD10016
                                                PGDM – I Trimester-Sec-A




                    DEPARTMENT OF MANAGEMENT




            INSTITUTE OF MANAGEMENT STUDIES, NOIDA

                        A UGC Recognized Institute

                       A-8B, Plot –C, Sector-62, Noida
INSTITUTE OF MANAGEMENT STUDIES, NOIDA

                                A UGC Recognized Institute

                              A-8B, Plot –C, Sector-62, Noida




                                    DECLARATION



        I Anamika Verma bearing Roll No PGD10016 Class PGDM-I-(A) of the Institute of
Management Studies, Noida hereby declare that the Seminar Report-108 entitled Cement
Industry-UltraTech Cement is an original work and the same has not been submitted to any
other Institute for the award of any other diploma. The suggestions as approved by the faculty
were duly incorporated.




                                                            Signature of Student



Countersigned

Signature of Faculty Guide
ACKNOWLEDGEMENT


        I would like to express my deep gratitude to all those who, directly or indirectly made
this project possible.

        I have got considerable help and support in making this project report a reality from
many people.

        Firstly I would like to thank Institute of Management Studies, Noida for giving me the
opportunity to do this work. I would also like to convey my special thanks to my project
guide Dr. R.S.Raj Purohit, whose endeavour for perfection, innovation and dynamism
contributed in a big way in completing this project. This work is the reflection of his thought,
ideas, concept and above all her efforts.




                                                             Thank You-

                                                             Anamika Verma
                                                             PGDM-I-A
                                                             PGD10016
TABLE OF CONTENT


                                     Page No.

INDUSTRY DETAIL                        1-4

COMPANY SPECIFIC                       5-9

VISION                                 10

MISSION                                10

CODE OF CONDUCT                       11-12

MILESTONE                             13-14

MANAGEMENT TEAMS                       15

PRODUCTS                              16-22

MERGERS                               23-28

CSR                                   29-36

SWOT                                  37-40

SUGGESTION                             41

BIBLIOGRAPHY                           42
INDUSTRY DETAIL




       The Indian cement industry has been on a high growth trajectory for more than a
decade, led by buoyancy in sectors such as real estate and construction. The industry has
witnessed continuous modernisation and adoption of new technologies in recent years.

       India is the world's second largest producer of cement after China with industry
capacity of over 200 million tonnes (MT). With the boost given by the government to
various infrastructure projects, road networks and housing facilities, growth in the cement
consumption is anticipated in the coming years.

       The modern Indian cement plants are state-of-the-art plants and amongst the best in
the world. The cement industry comprises of 134 large cement plants with an installed
capacity of 173.08 million tonnes and more than 350 operating mini-cement plants, with
an estimated capacity of 11.10 million tonnes per annum, making a total installed capacity
of 184.18 million tonnes in the last fiscal, as per the Department of Industrial Policy and
Promotion's latest data. In order to meet the expanding demand, cement companies are fast
developing new plants. The cement industry is poised to add 111 MT of annual capacity by
the end of 2009–10 (FY 2010), riding on the back of approximately 141 outstanding cement
projects.

       According to a report by the ICRA Industry Monitor, the installed capacity is
expected to increase to 241 MTPA by FY 2010-end. India's cement industry is likely to
record an annual growth of 10 per cent in the coming years with higher domestic demand
resulting in increased capacity utilisation.

       Housing, Infrastructure and Real estate sectors, with major construction activity in
rural and semi-urban areas through large infrastructure and housing development projects, are
expected to augment the growth rise in cement sector. Demand in this region is being driven
by infrastructure, residential and commercial projects.

Domestic Players


        While the Cement Corporation of India, a central public sector undertaking,
comprises 10 units; the various State governments own 10 large cement plants. Among the
leading domestic players in terms of cement manufacturing are-

     Ambuja Cement,

     Aditya Birla Group (which owns UltraTech Cement),

     ACC Ltd,

     J K Cement etc

        They are not only the foremost producers of cement but also enjoy a high level of
equity in the market. Despite a slowdown in most sectors of the economy, the Aditya Birla
group, the country's largest cement maker, has seen a sharp rise in cement sales in December.
According to figures released by the conglomerate, sales by the group are up 13.36 per cent at
2.82 MT, compared to last year. The Birla group's production of cement for December also
rose, by 14.85 per cent to 2.27 MT.

        The other large cement maker, ACC, too saw a jump in sales in December, despite the
slowdown in the realty sector.

        ACC reported a marginal rise in its cumulative production for the January-December
period to 20.84 MT, from 19.92 MT last year; sales rose to 20.86 MT from 19.88 MT last
year (2009).

        Ambuja Cements Ltd, India's third-largest cement maker, too saw an increase in
shipments in December 2008. Shipments rose 11.8 per cent to 16.62 MT from 14.86 MT, a
year earlier.

Global Players


        Rapid urbanisation and the booming infrastructure have lead to an increase in
construction and development across India, attracting even the global players. The recent
years have witnessed a surge of foreign direct investment in the cement sector. International
players like France's Lafarge, Holcim from Switzerland, Italy's Italcementi and Germany's
Heidelberg Cements together hold more than a quarter of the total capacity.

   Holcim, one of the world's leading suppliers of cement, has 24 plants in the country
    (India) and enjoys a market share of about 23–25 per cent
   Italcementi Group, which acquired full stake in the K K Birla promoted Zuari Industries'
    cement.
   The French cement major, Lafarge which acquired the cement plants of Raymond and
    Tisco with an installed capacity of 6.5 MTPA a few years back plans to grow it to 15-30
    MTPA in the next 10 years. Till now its manufacturing capacity was concentrated in East
    India, but now the company is spreading its wings to the north and south. It is setting up
    four greenfield projects in Rajasthan, Himachal Pradesh, north-east and south India, with a
    combined capacity of around 5 MT.
   German major, Heidelberg Cement has merged Mysore Cement, in which it owns around
    54 per cent stake, Indorama, (where it acquired 100 per cent stake in 2008) and its 100 per
    cent Indian subsidiary, Heidelberg Cement India.


Installed capacity


        The cement industry in India has added a whopping 46 MT capacity in just a little
over three years, taking the total installed capacity to 206.96 MT as on December 31, 2008.
This includes India Cements Ltd's new grinding unit at Vallur, Tamil Nadu with an installed
capacity of 1.10 MT, and UltraTech's plant at Ginigera, Karnataka with an installed capacity
of 1.30 MT.The industry added over 30 MT to its installed capacity in just one year (April
2007–March 2008).

        Almost all players of the industry, small to medium to large, have added capacity
ranging between a minimum of 200,000 tonnes and a maximum of 3 MT in the three years
(April 2005 to March 2008), effecting a total addition of 45 MT to the installed capacity by
setting up greenfield projects, and expanding and upgrading the existing plant.
Technological change


        Continuous technological upgrading and assimilation of latest technology has been
going on in the cement industry. Presently, 93 per cent of the total capacity in the industry is
based on modern and environment-friendly dry process technology and only 7 per cent of the
capacity is based on old wet and semi-dry process technology. There is tremendous scope for
waste heat recovery in cement plants and thereby reduction in emission level. One project for
co-generation of power utilising waste heat in an Indian cement plant is being implemented
with Japanese assistance under the Green Aid Plan. The induction of advanced technology
has helped the industry immensely to conserve energy and fuel and to save materials
substantially.

        India is also producing different varieties of cement like Ordinary Portland Cement
(OPC), Portland Pozzolana Cement (PPC), Portland Blast Furnace Slag Cement (PBFC), Oil
Well Cement, Rapid Hardening Portland Cement, etc. Production of these varieties of cement
conform to the BIS Specifications. Between April to November 2008, 25 per cent of all
cement produced was OPC, 67 per cent was PPC and 8 per cent was PBFC.

RMC Business


        Ready-mix concrete (RMC) is sometime preferred to on-site concrete mixing because
of the precision of the mixture and reduced worksite confusion. The Indian RMC business is
growing by 25 per cent every year. In India only 2–3 per cent cement consumption by cement
industry goes through RMC, as against 60 per cent in developed markets. At present, India
has 200 RMC plants across the country.

   JK Lakshmi Cements plans to add five more RMC units to its existing 10 units as part of
    its expansion plans at a total cost of US$ 210.53 million.
   Lafarge, the world's second largest cement maker, has bagged Larsen and Toubro's RMC
    business for US$ 311.39 million. Lafarge will be acquiring 66 concrete plants located
    across India, in key markets such as Delhi, Kolkata, Mumbai and Bangalore, with a total
    market share of approximately 25%
   Binani Cement, Shree Cement and Dalmia Cement are among the new players who have
    plans to get into the RMC business in the next five years.
COMPANY SPECIFIC




                         ABOUT THE ADITYA BIRLA GROUP

       A US $24 billion corporation with a market capital of US $23 billion and in the
League of Fortune 500, the Aditya Birla Group is anchored by an extraordinary force of
100,000 employees, belonging to 25 different nationalities. Over 50 per cent of its revenues
flow from its operations across the world

       The Aditya Birla Group‘s products and services offer distinctive customer solutions
worldwide. The Group has operations in 20 countries - India, Thailand, Laos, Indonesia,
Philippines, Egypt, China, Canada, Australia, USA, UK, Germany, Hungary, Brazil, Italy,
France, Luxembourg, Switzerland, Malaysia and Korea.

       In India, the Group has been adjudged “The Best Employer in India and among the
top 20 in Asia” by the Hewitt-Economic Times and Wall Street Journal Study 2007.

Globally the Aditya Birla Group is-

      A metals powerhouse, among the world‘s most cost-efficient aluminium and copper
       producers. Hindalco, from its fold, is a Fortune 500 Company. It is also the largest
       aluminium rolling company and one of the 3 biggest producers of primary aluminium
       in Asia, with the largest single location copper smelter
      No. 1 in viscose staple fibre
      The 3rd largest producer of insulators
      The 4th largest producer of carbon black
      The 11th largest cement producer globally and the 2nd largest in India
      Among the world‘s top 15 BPO companies and among India‘s top 3
      Among the best energy efficient fertilisers plants
In India-

      A premier branded garments player
      The 2nd largest player in viscose filament yarn
      The 2nd largest in the Chlor-alkali sector
      Among the top 5 mobile telephony companies
      A leading player in Life Insurance and Asset Management.

                                 ULTRATECH CEMENT

History



      ECC was conceived as Engineering Construction Corporation Limited in April 1944
       and was incorporated as wholly owned subsidiary of Larsen & Toubro Limited.
       L&T's founders Mr. Holck - Larsen and Mr. Toubro laid the foundation for ECC.



      ECC incorporated on 24 August 2000 as L&T Cement Limited



      Cement business of Larsen & Toubro Limited demerged and vested in company in
       2004



      Grasim (Aditya Birla Group) acquired management control in July 2004

      Aditya Birla Cement production started in 1998.

      Turnover in the financial year 2003 was Rs 4626 crore.
UltraTech Cement, known for its impeccable quality, is today changing the face of
India. The cement has not only built landmark projects like flyovers, bridges, dams, runways,
but has also built everlasting trust in engineers, builders, contractors and individual house
builders.

        With a manufacturing capacity of 48.8 million MT annually (2009), eleven integrated
plants, eleven grinding units and five bulk terminals, UltraTech cement is the 8th largest
cement producer in the world.

        Its composite product portfolio which, along with UltraTech (Grey Cement) includes
Birla White (White Cement) and Ready Mix Concrete (UltraTech Concrete). Also, an array
of new products - UltraTech Seal & Dry – Total Water Proofing Solution, UltraTech
SuperStucco – Easy to apply Polymer Modified mortar , UltraTech Nubric – strong & eco
friendly brick , UltraTech FixoBlock – extra fine jointing mortar , UltraTech Readiplast –
plaster product makes UltraTech a complete construction solutions company. This ethos is
also reflected in UltraTech Building Solutions – its initiative to bring construction solutions
to consumers under one roof.

        With growing demand for cement in the wake of housing and infrastructure boom the
company is set to attain newer heights.

Financial facts

        The company is headquartering at Mumbai in India. The company reported
revenues of (`) INR 66,643.30 million during the fiscal year ended
March 2009, an increase of 16.43% over 2008. The operating profit of the
company was INR 13,678.20 million during the fiscal year 2009, a
decrease of 9.73% from 2008. The net profit of the company was INR
9,780.60 million during the fiscal year 2009, a decrease of 3.17% from
2008.
Plant and Machinery

       UltraTech Concrete is manufactured at state-of-the-art computerized automatic
batching & mixing plants with contemporary technology. Some of the special features of our
plants are-

   1. Entire process is fully computerized, leaving no scope for human errors. All the
       control systems are Windows based.
   2. Cement and other raw material are checked as per our quality plan.
   3. All the raw materials are stacked in separate bins and are stored under cover so that
       aggregates are not exposed to direct sunlight and environment pollution.
   4. Cement, Fly ash, Slag etc. are stored in separate silos for better control on recipe.
   5. Handling of fly ash and slag are done from closed bunkers to silos directly.
   6. Separate weigh-batchers are provided for each ingredient like cement, water,
       admixtures and aggregates. The weighing is done on sophisticated electronic weigh
       batchers. Precise weighing of all materials is done through electronic load cells made
       up of special alloys.
   7. Homogeneous mixing of concrete is ensured by use of special high-efficiency mixers
       like pan-type or turbo-twin shaft mixers.
   8. A fully equipped onsite plant laboratory is available at each plant.
   9. A Sprinkler system is installed to ensure temperature control of aggregates in hot
       weather.
   10. In line with Group‘s focus towards environment and eco-friendliness all silos are
       installed with bag filters and level indicators to avoid any kind of pollution.
   11. Processes are in place for effective and periodic maintenance and calibration of all
       critical components.
   12. Laser sensor and moisture control are used for a stringent quality assurance.
   13. Well trained and experienced engineers are available at every plant to take care of the
       quality of concrete.
PLANTS

    Awarpur Cement Works
    Gujarat Cement Works
    Hirmi Cement Works
    Jafrabad Cement Works
    Arakkonam Cement Works
    Jharsuguda Cement Works
    Magdalla Cement Works
    Ratnagiri Cement Works
    West Bengal Cement Works
    Ginigera Cement Works

Overview

       Cement is an essential material for today's society because concrete is made from
cement, which is an inevitable element for housing, commercial and infrastructure
development. Measured on a kilogram per capita basis, concrete is 2nd most widely
consumed material in the world, second only to water. Cement manufacturing process will
have -Local impacts (landscape disturbance, dust emission) and Global impacts (CO2, SOx
and NOx emissions).
Because of these impacts, sustainable development has recently become a major strategic
issue for cement manufacturers around the world. Cement industry is giving very specific and
serious attention for managing CO2 emissions.




       In 2000 a group of 10 major cement companies collaborated as "working group
cement"(Cemex (Mexico), Lafarge (France), Cimpor (Portugal), RMC (Great Britain),
Heidelbeurg (Germany), Siam Cement (Thailand), Holcim (Switzerland), Italicementi (Italy),
Votorantim (Brazil) has sponsored study under World Business Council for sustainable
development (WBCSD). WBSCD has entrusted this study to an independent organization
namely, Batelle Memorial Institute. The ideas emerged from this study indicate that the
cement industry-
 Operates manufacturing or processing facilities in 150 countries.

    Has estimated a turnover of USD 97 billion.

    Directly employs an estimated 850,000 workers




                                         Mission

       To deliver superior value to our customers, shareholders, employees and
society at large.



                                          Vision

"To actively contribute to the social and economic development of the communities in
which we operate. In so doing, build a better, sustainable way of life for the weaker
sections of society and raise the country's human development index."


                                           — Mrs. Rajashree Birla, Chairperson,
                                           The Aditya Birla Centre for Community
                                              Initiatives and Rural Development
CODE OF CONDUCT



       The Code of Conduct (hereinafter referred to as "the Code") has been framed and
adopted by UltraTech Cement Limited (hereinafter referred to as "the Company") in
compliance with the provisions of Clause 49 of the Listing Agreements entered into by the
Company with the Stock Exchanges.


Applicability


        The Code applies to the Members of Board of Directors (hereinafter referred to as
"Board Members") and Members of the Senior Management Team of the Company one level
below the Board Members, viz. Manager & CEO, CFO and all Unit Heads, Presidents, Joint
Presidents and all other executives having similar or equivalent rank in the Company and the
Company Secretary of the Company (hereinafter referred to as "Senior Managers").The
Company Secretary shall be the Compliance Officer for the purpose of this Code.



Code of Conduct

        The Board Members and Senior Managers shall observe the highest standards of
ethical conduct and integrity and shall work to the best of their ability and judgement.

The Board Members and the Senior Managers of the Company-
 1    Shall maintain and help the Company in maintaining highest degree of Corporate
      Governance practices.

 2    Shall act in utmost good faith and exercise due care, diligence and integrity in
      performing their office duties.

 3    Shall ensure that they use the Company's assets, properties, information and intellectual
      rights for official purpose only or as per the terms of their appointment.

 4    Shall not seek, accept or receive, directly or indirectly, any gift, payments or favour in
      whatsoever form from Company's business associates, which can be perceived as being
      given to gain favour or dealing with the Company and shall ensure that the Company's
      interests are never compromised.
5    Shall maintain confidentiality of information entrusted by the Company or acquired
      during performance of their duties and shall not use it for personal gain or advantage.

 6    Shall not commit any offences involving moral turpitude or any act contrary to law or
      opposed to the public policy.

 7    Shall not communicate with any member of the press or publicity media or any other
      outside agency on matters concerning the Company, except through the designated
      spokespersons or authorized otherwise.

 8    Shall not, without the prior approval of the Board or Senior Management, as the case
      may be, accept employment or a position of responsibility with any other organization
      for remuneration or otherwise that are prejudicial to the interests of the Company and
      shall not allow personal interest to conflict with the interest of the Company.

 9    Shall in conformity with applicable legal provisions disclose personal and/ or financial
      interest in any business dealings concerning the Company and shall declare information
      about their relatives (spouse, dependent children and dependent parents) including
      transactions, if any, entered into with them.

 10 Shall ensure compliance of the prescribed safety & environment related norms and
      other applicable codes, laws, rules, regulations and statutes, which if not complied with
      may, otherwise, disqualify him/ her from his/ her association with the Company.

 11 Shall ensure compliance with SEBI (Prohibition of Insider Trading) Regulations, 1992
      as also other regulations as may become applicable to them from time to time.


Annual Compliance Reporting
       Board Member and Senior Managers shall affirm compliance with this Code on an
annual basis as at the end of the each financial year of the Company (as per Appendix I
within 7 days of the close of every financial year).




Acknowledgement of Receipt of the Code
       Each Board Member and Senior Manager both present and future shall acknowledge
receipt of the Code or any modification(s) thereto, in the acknowledgement form annexed to
this Code as Appendix - II and forward the same to the Compliance Officer.
Any breach of the aforesaid Code brought to the notice of the Compliance Officer or any
Member of the Board or Senior Management shall be reported to the Board of Directors of
the Company for necessary action.




                                     MILESTONES

1983
    Awarpur Cement Works Plant I
1987
    Awarpur Cement Works Plant II
1993
    Jharsuguda grinding unit
1994
    Hirmi Cement Works
1996
    Gujarat Cement Works Plant I
1998
    Andhra Pradesh Cement Works
    Gujarat Cement Works Plant II
1999
     Narmada Cement Company Limited acquired
     Ratnagiri Cement Works
2000
    Bulk cement terminals at Mangalore, Navi Mumbai and Colombo


2001
    Grasim acquires 10 per cent stake in L&T. Subsequently increases
         stake to 15.3 per cent by October 2002.
    Durgapur grinding unit


2002
    Grasim increases its stake in L&T to 14.15 per cent
    Arakkonam grinding unit
 The Grasim Board approves an open offer for purchase of up to 20% of the equity
       shares of Larsen & Toubro Ltd (L&T), in accordance with the provisions and
       guidelines issued by the SEBI Regulations, 1997.


2003
    The board of Larsen & Toubro Ltd (L&T) decides to demerge its cement business
       into a separate cement company (CemCo). Grasim decides to acquire an 8.5% equity
       stake from L&T and then make an open offer for 30% of the equity of CemCo, to
       acquire management control of the company.


2004
    Completion of the implementation process to demerge the cement business of L&T
       and completion of open offer by Grasim, with the latter acquiring controlling stake in
       the newly formed company UltraTech.
2006
    Formerly known as Ultratech Cemco Limited. The Group's principal activities are to
       manufacture and market clinker and cement in India.
    Ultratech Cement Ltd has inducted Mr. Saurabh Misra into the Board as an
       Additional Director and appointed Managing Director of the Company.
2007
    Ultratech Cement receives order from BIFR.
    Ultratech Cement Ltd has appointed Mr Girish M Dave as a Director on the Board of
       the Company.


2009


    UltraTech to absorb Samruddhi to form India's biggest cement firm
    Ultratech to be the lead sponsors of Rajasthan Royals
    UltraTech to consider Grasim merger proposal


2010


    Ultratech Cement Ltd has appointed Mr. 0 P Puranmalka as Additional Director with
       immediate effect.
MANAGEMENT TEAMS

Board of Directors

    Mr. Kumar Mangalam Birla, Chairperson

    Mrs. Rajashree Birla

    Mr. R.C.Bhargava

    Mr. G.M.Dave

    Mr. N.J.Jhaveri

    Mr. S.B.Mathur

    Mr. V.T.Moorthy

    Mr. S.Rajgopal

    Mr. D.D.Rathi

    Mr. O.P.Puranmalka, Wholetime Director



Executive President & Chief Financial Officer

    Mr.K.C.Birla

Chief Manufacturing Officer

    Mr. R.K.Shah

Chief Marketing Officer

    Mr. S.N.Jajoo

Chief People Officer

    Mr. C.B.Tiwari

Company Secretary

    Mr. S.K.Chatterjee

   
PRODUCTS




       UltraTech is India's largest exporter of cement clinker. The company's production
facilities are spread across eleven integrated plants, one white cement plant, twelve grinding
units, and five terminals — four in India and one in Sri Lanka. Most of the plants have ISO
9001, ISO 14001 and OHSAS 18001 certification. In addition, two plants have received ISO
27001 certification and four have received SA 8000 certification. The process is currently
underway for the remaining plants. The company exports over 2.5 million tonnes per annum,
which is about 30 per cent of the country's total exports (2009). The export market comprises
of countries around the Indian Ocean, Africa, Europe and the Middle East. Export is a thrust
area in the company's strategy for growth.

      Ordinary Portland cement
      Portland blast furnace slag cement
      Portland Pozzolana cement

Ordinary Portland cement

       Ordinary Portland cement is the most commonly used cement for a wide range of
applications. These applications cover dry-lean mixes, general-purpose ready-mixes, and
even high strength pre-cast and pre-stressed concrete.
Portland blast furnace slag cement

       Portland blast-furnace slag cement contains up to 70 per cent of finely ground,
granulated blast-furnace slag, a non-metallic product consisting essentially of silicates and
alumino-silicates of calcium. Slag brings with it the advantage of the energy invested in the
slag making. Grinding slag for cement replacement takes only 25 per cent of the energy
needed to manufacture Portland cement. Using slag cement to replace a portion of Portland
cement in a concrete mixture is a useful method to make concrete better and more consistent.
Portland blast-furnace slag cement has a lighter colour, better concrete workability, easier
finish ability, higher compressive and flexural strength, lower permeability, improved
resistance to aggressive chemicals and more consistent plastic and hardened consistency.




Portland Pozzolana cement

       Portland pozzolana cement is ordinary Portland cement blended with pozzolanic
materials (power-station fly ash, burnt clays, ash from burnt plant material or silicious
earths), either together or separately. Portland clinker is ground with gypsum and pozzolanic
materials which, though they do not have cementing properties in themselves, combine
chemically with Portland cement in the presence of water to form extra strong cementing
material which resists wet cracking, thermal cracking and has a high degree of cohesion and
workability in concrete and mortar.

Concrete

       Concrete is most vital material in modern construction. It has versatile properties like
easy mould ability, high compressive strength and long lasting durability. These properties of
concrete have made it most popular construction material for all types of civil engineering
works. The latest developments in concrete technology have made it possible to use it in
intricate and architecturally complex structures, requiring high degree of performance and
aesthetic appearance.
       In addition to normal concrete, other varieties in use are, high strength and high
performance concrete, self compacting, light weight, high density, fibre reinforced, polymer,
coloured concrete etc.
The ingredients of good and bad concrete are the same. The difference lies in the
technology used for production, transportation and placement. The making of concrete is an
art as well as a science. Science because all the ingredients are proportioned as per the
standard codes of practice to get the targeted strength & durability, and an art because in
addition to accurate proportioning, quality of concrete depends on the way it is mixed,
placed, compacted, finished, cured and protected. Ready mix Concrete (RMC) technology
results in a perfect blend of the Art and Science.
       In all the developed as well as most of the developing nations, use of RMC for
construction has made it possible to achieve speed and quality. The advent of commercial
RMC in India is about a decade old, but in recent years it has become the preferred choice of
architects, engineers and consumers.
       UltraTech Concrete is committed to provide customised high quality RMC for
ensuring speedy construction.

       UltraTech concrete plants are present in-

    Mumbai,
    Pune,
    Nasik,
    Nagpur,
    Ahmedabad,
    Surat,
    Gurgaon,
    Noida,
    Jaipur,
    Chandigarh,
    Chennai,
    Bangalore,
    Hyderabad,
    Cochin,
    Vizag,
    Ludhiana,
    Raipur
Production

        Portland cements are made by grinding a mixture of limestone, clay and other
corrective materials, viz. Lateritic, Bauxite etc. Essential constituents mainly are Lime, Silica,
Alumina and Iron Oxide. The process of manufacturing consists of grinding of raw materials
into fine powder, mixing them intimately and burning in a kiln at about 1400 deg. C. The
resultant product is called Clinker. Clinker is cooled, ground to fine powder with gypsum.
The end product is cement.

Cement

        UltraTech Concrete plants use fresh cement directly procured from the state-of-the-art
cement plants mainly through cement bulkers, which in turn is pumped directly into
UltraTech Concrete silos, thus protecting it from the external environment and humidity.




Coarse Aggregates

        UltraTech Concrete directly sources the aggregates from selected and approved
suppliers and these aggregates are tested as per IS stipulations at regular intervals for:

    Shape, size and gradation (elongation/flakiness test)
    Impact value and crushing value test for their strength

Fine Aggregate

        UltraTech Concrete directly purchases sand from selected and approved suppliers.
The sand is tested as per IS stipulations at regular intervals for:

    Moisture content
    Gradation for fineness modulus
    Silt content

Water

        UltraTech Concrete tests the quality of water as per BIS standards at frequent
intervals and in case the water needs any treatment, water purifiers are used.
Mineral Admixtures

       In UltraTech Concrete plants, mineral admixtures are obtained from proven sources
conforming to relevant BIS standards. High-tech facilities are used for collection,
transportation and storage to avoid contamination due to environment and any other source.

Chemical Admixtures

       In UltraTech Concrete plants, high quality admixtures are used in concrete during
mixing to improve certain properties of fresh concrete such as workability and setting time.
The admixture is sourced from reputed companies and is tested for compatibility with cement
before use.




Workability of concrete

       In UltraTech Concrete, workability is properly controlled through scientific methods
by appropriate dosing of admixtures. Workability is measured (and recorded) for every batch
to facilitate efficient transportation and pumping.

Batching and Mixing

       UltraTech Concrete is proportioned using computer aided scientific methods
conforming to relevant standards. Mixing is done through high efficiency pan mixers or twin
shaft vibro-mixers in fully automated mixing and batching plant leaving no scope for human
error. These measures ensure consistent quality in every batch.



Making Good Construction Better

    Efflorescense and leaching in concrete

    Vibrating Concrete

    Cold Weather Concreting

    Bleeding in concrete
 Hot weather concreting

    Fibre Reinforced concrete

    Cover for Reinforcement

    Curing

    Plastic Shrinkage Cracks

    General Precautions




Going forward
       Industry demand may grow at 9% for the year given the Government initiatives to
boost rural development, infrastructure and housing – all of which provide a growth impetus.
New capacities, which are at various stages of commissioning, will inevitably result in a fall
in capacity utilization from H2FY10 and squeeze margins. Company‘s steps in the form of
cement / clinker capacity addition, new thermal power plants and capital productivity should
partially offset the impact on margins.


Company’s Performance
       The financial year 2008-09 began under a challenging environment. Rising energy
cost and commodity prices spurred inflation and affected margins. In the second half, the
global financial crises aggravated the situation resulting in a liquidity crunch, a high cost of
credit and a sharp fall in capital markets. All of this resulted in an overall slowdown in the
economy. The Central Government and the Reserve Bank of India adopted a
series of fiscal and administrative initiatives to address the situation. These were in the form
of infusing liquidity in the market by reducing CRR and SLR of Banks, stimulus packages
and release of arrears in wages following the recommendation of the 6th Pay Commission
Award. These measures led to a revival of construction activities in the semi urban and rural
areas during the last quarter of FY09 resulting in an increase in the demand for cement.
       During the year ended 31st March, 2009, Net revenues at `6,383 crores grew by 16%
over the preceding year, while Net Profit at ` 977 crores was 3% lower. Effective capacity
utilisation was 96% on expanded capacity. Aggregate sales volume at 18.18 MMT
was up by 6% compared to 17.11 MMT in the previous year.
       Company‘s sales volume grew by 24%, at 5.31 MMT. Net Sales at Rs. 1,953 crores
was up by 31% compared to ` 1,496 crores in Q1FY‘09. Profit before interest, depreciation
and tax at ` 751 crores vis-a-vis ` 472 crores in Q1FY‘09 rose by 59% and Profit after tax at `
418 crores as against `.265 crores for the corresponding period in FY‘09 increased by 58%.

Strategies Adopted by UltraTech

    Promise: Excellent product quality and customer care are the hallmark of UltraTech.
    Capitalizing the opportunity of the geometric growth in the housing sector and the
       government's thrust on infrastructure.
    Right decision at right time
    Having excellent Product in hand
    Constantly striving to improve and capture more number of market share
    Training to Staff
    Promotion through movies
    Sponsorship




Opinion towards Marketing

    Increase frequency of advertisements on T.V., radio, internet and print media.
    Increase Strategic Alliance
    Increase visibility by campaign and other modes.
    Increase number of distributors and agents
    Increase number of warehouse
    Having micro-planning in place
MERGER


                       UltraTech Cement With Grasim Cement Arm




       After demerging the cement business from Grasim Industries, the Aditya Birla group
has decided to merge the new cement subsidiary with group firm UltraTech Cement Ltd.
Grasim Industries‘ decision to restructure its cement assets into a separately listed entity, with
the ultimate aim of merging it with UltraTech‘s cement business, is seen in a positive light.
However, while the deal looks beneficial from a long-term perspective, analysts believe that
there are no immediate gains. But, they expect shareholders of UltraTech Cement to gain
marginally from a possible re-rating in the near-term.

       Grasim Industries demerged its cement business into Samruddhi Cement Ltd, a
wholly-owned subsidiary of Grasim, as part of its restructuring plan, where Grasim‘s
shareholders would receive one equity share of Samruddhi for every one share they held in
Grasim. Grasim has taken the first step towards consolidating its cement business into one
entity, creating a new holding company.
Grasim plans to hive-off its cement assets, excluding its 54.78 per cent stake in UltraTech
Cement, into Samruddhi Cement effective October 1, 2009. The shareholders of Grasim will
get a share each of ` 5 each in the new company, aggregating to 35 per cent (or 9.17 crore
shares), while Grasim will continue to control Samruddhi with a 65 per cent stake (17 crore
shares).
Later, Samruddhi will seek a separate listing, though it will be for a short-period, as
consequent to approval of concerned authorities as well as shareholders of Grasim and
UltraTech, the cement businesses of Samruddhi and UltraTech are planned to be merged to
form India‘s largest cement company with an installed capacity of nearly 50 million tonnes
per annum (mtpa). Post merger, Grasim is estimated to have a controlling stake of about 60
per cent in the larger cement entity. The move is designed to ensure Grasim‘s majority stake
in, and continued support to, the rapidly growing cement business; while simultaneously,
providing Grasim shareholders direct participation in the pure play cement company.

Whilst Grasim‘s commitment to fund growth of cement business remains unabated, the
demerger opens up new choices for financing this growth.‖ Eventually, it will also help create
a platform for potential consolidation. All of which, should help maximise shareholder value
in the long-run.

       Grasim, meanwhile, would continue to focus on its VSF business, which so far
provided a large part of the cash-flows to grow the cement business. Grasim is setting up a
new ` 1,000 crore project in Gujarat, which will increase its VSF capacity by 80,000 tpa.
VSF, along with other businesses accounted for a third of profits of Grasim‘s standalone
numbers in FY09. Post demerger, Grasim will operate the VSF and other small business and
have cash and investments worth ` 1,500 crore. Analysts say, its ability to effectively utilise
this cash and operating profits of over ` 700 crore annually, will have a bearing on the value
accretion for its shareholders, going ahead.

       What needs to be watched is the merger ratio between Samruddhi and UltraTech.
While the market is currently according similar valuations to the cement business of the two
companies (adjusted for the different face values), in Grasim‘s case, a few believe that there
could be some upside in the form of a slightly better valuation given to Samruddhi due to its
larger size and ownership of a profitable white cement business. While the move is in the
right direction, the concerns regarding the potential over-supply situation and soft cement
prices loom large for the cement industry. In this context, many analysts believe that Grasim
is fairly valued while they see gains of up to 10 per cent for UltraTech from current levels.

       Ultratech Cement Ltd has announced that Ultratech Cement Ltd has received a
consolidation proposal from Samruddhi Cement Ltd a wholly owned subsidiary of Grasim
Industries Ltd. Grasim has proposed to de merge its cement business to Samruddhi pursuant
to a scheme of arrangement under Sections 391-394 of the Companies Act 1956, subject to
necessary approvals.

       The board of directors of UltraTech Cement approved in-principle the merger
proposal of group company Samruddhi Cement with itself.

       The company has appointed Bansi Mehta & Company for the valuation exercise and
UBS as investment banker.

       The company expects the valuation report by the first week of November, and the
board will meet again as soon as it receives the report. The entire process will be completed
within seven to nine months. Extra care will be taken to protect the interest of Grasim
investors. Clearing misgivings that Grasim would be reduced to a holding company of the
cement business, Mr Birla said the re-rating of UltraTech post-merger would more than make
up for the loss, if any, incurred by Grasim shareholders.

       While UltraTech commands an enterprise value of $110 a tonne, Ambuja Cement and
ACC are rated at $147 a tonne, while it is $160 a tonne for Shree Cement. UltraTech will be
re-rated substantially post-merger.

       Grasim will continue to invest in cement through UltraTech though the mode of
investment (debt or equity) will be decided at the appropriate time. The group does not
propose to add any new business to Grasim as it wants to retain its identity of a textile
company.
Facts About Company


   The Aditya Birla Group is the ninth-largest cement producer in the world
   Incorporated on 24 August 2000 as L&T Cement Limited
   Cement business of Larsen & Toubro Limited demerged and vested in company in
     2004
   Grasim acquired management control in July 2004
   Together with Grasim, one of the largest cement producers in India
   Name changed to UltraTech Cement Limited with effect from 14 October 2004
   Narmada Cement Company Limited amalgamated with UltraTech in May 2006
   Cement business of Grasim demerged and vested in Samruddhi Cement Limited in
     May 2010
   Samruddhi Cement Limited amalgamated with UltraTech Cement Limited in July
     2010
UltraTech Cement To Purchase 80% of Star Cement (Dubai)




       The UltraTech Cement Ltd, a subsidiary of Aditya Birla group, will purchase around
an 80% stake in Dubai‘s ETA Star group-owned Star Cement Co. Llc. for an enterprise value
of US$ 380 million (` 1754 crore).
It is understood that the purchase will be made through UltraTech Cement Middle East
Investments Ltd, a wholly owned subsidiary of UltraTech Cement. The enterprise value is the
market value of the entire business, including debt.
       Adesh Gupta, a whole-time director and chief financial officer at Grasim Industries
Ltd, which controls 60% of UltraTech Cement, said that ―It will be more than 51% (stake), it
will be very high stake. It will give an exit route for the ETA (group),‖
       The remaining stake in Star Cement will be held by the local partner with whom ETA
had built cement plants. The acquisition is set for completion later this week. The deal will
give the US$ 30 billion Birla group direct access to the West Asian market, until now served
through exports, Gupta said. ―We used to export more than 3 lakh t of clinker to the UAE
market. So (now), instead of exporting clinker from India we have our own plant.‖
       ―UltraTech has gone there for the long-term and they will save freight costs because
they no longer have to export clinker to that market,‖ said Rupesh Sankhe, an analyst at
Mumbai-based brokerage Angel Broking Ltd.
UltraTech is also planning a 15MW coal-fired power plant in West Asia at a cost of
` 5 crore per MW to manufacture cement at cheaper cost.
       The United Arab Emirates (UAE) cement market has a total capacity of 30-35 million
t, but demand slackened after a real estate slowdown hit Dubai last year. Star Cement has an
annual capacity of 3.2 million t.
       The Aditya Birla group has already demerged Grasim‘s cement business into a newly
listed subsidiary Samruddhi Ltd, which in turn will be merged with UltraTech. Grasim
currently has ` 2500 cash on its books.
       Adesh Gupta declined to say how the company would use the cash but said it will
invest ` 1000 crore by fiscal 2013 to more than double its capacity in viscose staple fibre,
which is used to make fabric and garments in Gujarat.
CORPORATE SOCIAL RESPONSIBILITY

       CSR is defined as operating a business that meets all exceeds the ethical, legal,
commercial and public expectations that society has of Business.

Making a difference

       Before Corporate Social Responsibility found a place in corporate lexicon, it was
already textured into company‘s group's value systems. As early as the 1940s, their founding
father Shri G.D Birla espoused the trusteeship concept of management. Simply stated, this
entails that the wealth that one generates and holds is to be held as in a trust for their multiple
stakeholders. With regard to CSR, this means investing part of their profits beyond business,
for the larger good of society.




       While carrying forward this philosophy, company legendary leader, Mr. Aditya Birla,
weaved in the concept of 'sustainable livelihood', which transcended cheque book
philanthropy. In his view, it was unwise to keep on giving endlessly. Instead, he felt that
channelizing resources to ensure that people have the wherewithal to make both ends meet
would be more productive. He said, "Give a hungry man fish for a day, he will eat it and the
next day, he would be hungry again. Instead if you taught him how to fish, he would be able
to feed himself and his family for a lifetime."

Company strategy

       Taking these practices forward, ultratech chairman Mr. Kumar Mangalam Birla
institutionalised the concept of triple bottom line accountability represented by economic
success, environmental responsibility and social commitment. In a holistic way thus, the
interests of all the stakeholders have been textured into company‘s group's fabric.
The footprint of their social work today spans 2,500 villages in India, reaching out to
seven million people annually. Their community work is a way of telling the people among
whom they operate that they care.




       Projects are planned after a participatory need assessment of the communities around
the plants. Each project has a one-year and a three-year rolling plan, with milestones and
measurable targets. The objective is to phase out their presence over a period of time and
hand over the reins of further development to the people. This also enables them to widen
their reach. Along with internal performance assessment mechanisms, their projects are
audited by reputed external agencies, who measure it on qualitative and quantitative
parameters, helping them gauge the effectiveness and providing excellent inputs.

Their partners in development are government bodies, district authorities, village panchayats
and the end beneficiaries — the villagers. The Government has, in their 5-year plans, special
funds earmarked for human development and they recourse to many of these. At the same
time, they network and collaborate with like-minded bilateral and unilateral agencies to share
ideas, draw from each other's experiences, and ensure that efforts are not duplicated. At
another level, this provides a platform for advocacy. Some of the agencies they have
collaborated with are UNFPA, SIFSA, CARE India, Habitat for Humanity International,
Unicef and the World Bank.
Company focus areas

        Ultratech rural development activities span five key areas and their single-minded
goal here is to help build model villages that can stand on their own feet. Their focus areas
are healthcare, education, sustainable livelihood, infrastructure and espousing social causes.




       Education

       Balwadis (pre-school)

       Adult education

       Non-formal education

       Continuing education

       Scholarships for girls, merit and technical education




          Health and family welfare

          Mobile clinics - doctors visit once a week

          Medical camps - general and issue-based

          Health training and awareness

          Sanitation - toilets, training, smokeless
  chullahs, biogas

          Safe drinking water

          Mother and child health

          Reproductive health

          Awareness building
Sustainable development and livelihood and
agriculture and watershed development

       Self-help groups


       SGSY - dairy, readymade garments, jute project,
basket making, aggarbati making, bee keeping, durrie
making.

       Check dam

       Irrigation

       Land development

       Soil and water conservation

       Pasture development

       Social forestry/ plantation activities/ nursery

       Horticulture

       Farmer training


 Infrastructure development


 Roads
 Dams
 Community centres
 Houses
 Culverts
 Electricity
 Health centres
 Water channels
 Schools
For Employees

    Relocation benefit:
          a) Reimbursement of cost incurred for movement of goods
          b) Travel Reimbursement
          c) Relocation Allowance
    Children‘s Education Reimbursement
    General Reimbursements
    Hospitalization Insurance
    Accident Insurance
    Company Vehicle Leasing Scheme
    Holidays & Leave Policy
    Company Transportation
    Leave encashment
    Advance Salary
    Awards and reorganization
    Social events
    Loans without interest
    Employee Scholarship (with/without bond)
    Employee Compensation
    Sponsorship (Sports)
    Parental Care
    Discounts and Coupons

      For the Environment

    Committed to sustainable development, to meeting the needs of the present without in
      any way jeopardizing the welfare of future generations.
    Business strategies consciously factor environment conservation as a major principle.
    Plants are ISO14001 Environment Management Systems Certified and adhere to
      OHSAS 18001 standards.
Awards In the Field of CSR

2010

    Mrs. Rajashree Birla, Chairperson, Aditya Birla Centre for Community Initiatives and
       Rural Development, was awarded the Global Golden Peacock Life Time
       Achievement Award for Community Development for the year 2010 for "Outstanding
       Contribution Towards Community Development and Social Welfare".
    Hindalco and Birla White declared winners in the Golden Peacock Awards for
       Corporate Social Responsibility 2010 by an eminent international jury, headed by
       Justice P.M. Bhagwati, the erstwhile Chief Justice of India.
    The Aditya Birla Centre for Community Initiatives and Rural Development teamed up
       with Columbia University's research centre, the Columbia Global Centers' Earth
       Institute in Mumbai, to become its principal partner. The Earth Institute's goal is to
       help achieve sustainable development primarily by expanding people's understanding
       of the earth as one integrated system.
    Hindalco wins Amity International Business School‘s, ‗Amity Corporate Excellence
       Award for Corporate Social Responsibility‘

2009

    Grasim's pulp and fibre division won the highly prestigious Asian CSR Award. The
       Asian CSR Awards, Asia's Premier CSR Awards program, is a project of the Asian
       Institute of Management, Manila.
    Rajiv Gandhi Award for Eminence in Social Field, 2009 was conferred on Mrs.
       Rajashree Birla by Mr. Jyotiraditya Scindia (Union Minister of State, Commerce &
       Industry) on 19 August 2009. The award recognises Mrs. Birla's pathbreaking work
       among the poor, more so in India's villages, carried out through the Aditya Birla
       Centre for Community Initiatives and Rural Development.
    Vikram Cement and Aditya Cement won the Federation of Indian Mineral and
       Industries' "Social Awareness Award for the year 2008-09".
 In recognition of work that truly exemplifies the highest values of society and
       corporate leadership for social responsibility and sustainable development initiatives,
       the Reader's Digest Pegasus Star Award was conferred on Hindalco. Mrs. Rajashree
       Birla who spearheads all the Group's social projects received this much coveted award
       on behalf of Hindalco from Mr. Arun Jaitley, MP, Rajya Sabha, on 21 January 2009
       in Delhi.

2008

    The President of India, Mrs. Pratibha Patil conferred the much coveted Rotary
       International Polio Eradication Champion Award on Mrs. Rajashree Birla in an
       elegant function at the Rashtrapati Bhavan (Delhi), attended by the Chairman, select
       Rotarians and WHO officials

2007

    The Aditya Birla Group was honoured with the India Today Group's Readers Digest
       Gold award in recognition of the work that truly exemplifies the highest values of
       society as well as those of Reader's Digest. The award was received by Mrs.
       Rajashree Birla, Chairperson, Aditya Birla Center for Community Initiatives and
       Rural Development, at the Pegasus Corporate Social Responsibility Awards 2007
       function.
    Hindalco was awarded the CII - Sorabji Green Business Centre "National Award for
       Excellence in Water Management 2007".

2006

    Hindalco awarded the Greentech Safety Silver Award for its outstanding safety
       performance during 2005-06.

2004

    Grasim, Nagda, received the FICCI Annual Award 2003-2004 in recognition of
       corporate initiaitve in rural development
    Aditya Birla Chemicals (India) Limited, Rehla, Jharkhand, received the FICCI
       Annual Award 2003-2004 in recognition of corporate initiative in family welfare.
 Indal won FICCI Award 2002-2003 for 'Corporate Initiative in Rural Development'




2003

    The Group is ranked 16th in India's first ever survey of 'Great places to work in',
       published in Business World magazine. The Group's joint venture concern, Birla Sun
       Life Insurance, is ranked 9th in the same study
    The Group is ranked 20th in a study on the 'Best Employers in India', conducted by
       Hewitt Associates and Business Today.

2002

    The Group received The Economic Times' "Corporate Citizen" of the year award.
SWOT ANALYSIS

       SWOT analysis is a strategic planning method used to evaluate the Strength,
Weaknesses, Opportunity, and Threats involved in a business venture. It involves specifically
the objective of the business venture and identifying the internal and external factors that are
favourable and unfavourable to achive that objective.

    Strengths:- characteristics of the business or team that give it an advantage over others
       in the industry.


    Weaknesses:- are characteristics that place the firm at a disadvantage relative to
       others.


    Opportunities:- external chances to make greater sales or profits in the environment.


    Threats:- external elements in the environment that could cause trouble for the
       business.



       Identification of SWOTs are essential because subsequent steps in the process of
planning for achievement of the selected objective may be derived from the SWOTs.



       The aim of any SWOT analysis is to identify the key internal and external factors that
are important to achieving the objective. These come from within the company's unique value
chain. SWOT analysis groups key pieces of information into two main categories:

          Internal factors – The strengths and weaknesses internal to the organization.
          External factors – The opportunities and threats presented by the external
           environment to the organization.
SWOT ANALYSIS OF ULTRATECH CEMENT

Strength

       UltraTech Cement Limited (UltraTech) is India-based one of the largest cement
manufacturing company. The company along with its subsidiaries is engaged in the business
of manufacturing, marketing, distribution and sales of the cement and cement related
products. UltraTech’s other cement related products are ready mix concrete and cement
clinker. The product portfolio of the company comprises Portland cement, Portland blast
furnace slag cement and Portland Pozzolana cement. The company also exports cement and
clinker to countries around the Indian Ocean, Africa, Europe, and the Middle East. The
company has an annual cement production capacity of 18.2 million tones. It is a subsidiary of
Grasim Industries Ltd. The company operates two subsidiary companies namely, Dakshin
Cement Limited and UltraTech Ceylinco (P) Limited. The company is headquarter at
Mumbai in India.The company reported revenues of (Rupee) INR 66,643.30 million during
the fiscal year ended March 2009, an increase of 16.43% over 2008. The operating profit of
the company was INR 13,678.20 million during the fiscal year 2009, a decrease of 9.73%
from 2008. The net profit of the company was INR 9,780.60 million during the fiscal year
2009, a decrease of 3.17% from 2008.

       Strengths of UltraTech are as follows-

    Better quality
    Long relationship with customer.
    Maintains a world class infrastructure.
    Market share.
    Large distribution network.
    Proper research and development.
    Strong financial backing
Weakness

       Everyone looks up to a visionary leader to understand the possibilities tomorrow
holds. And you have a greater responsibility to bear when you are India‘s largest cement
company.

       In the present day context, UltraTech is playing an important role in the infrastructural
development of the country. No wonder, UltraTech‘s every creation is a window to
tomorrow. And an effective communication was needed to reflect the same.It was quite a
daunting task for Interface Communications, the advertising agency for UltraTech, to get the
right mix of emotions and technological superiority that appeal to everyone right across IHBs
to architects and large commercial establishments.

       The weaknesses of UltraTech are as follows-

    Delay in supply.
    Inconsistency of Supply.
    Insufficient manpower




Opportunity

       When you view India through a prism, its multi-faceted refractions are awesome,
unique and partly distressing. A multiethnic, multi-religious, multilingual, multi-cultural
diverse democracy, rich in its distinctive heritage — India is, indeed, captivating. Our
democracy resonates throughout the world. Moreover, the way in which India has
transformed itself from a colonial, agri-based backwater economy into an independent,
modern, knowledge-driven one is the stuff of case studies at the best-in-class business
schools the world over. While the youth leader must appreciate these facets, he or she must
have a thorough understanding of the different strands that go into the weave of India. The
partition in the aftermath of our freedom struggle has left a scar, as has the divide in the name
of God. India is a country of extreme paradoxes. We are reckoned as a nation of tremendous
opportunities and, yet, it is a reality that India is a place of perpetual struggle. We have large
tracts of our country that have yet to witness any economic advancement.
Company should-

    Develop new marketing areas.
    Sign more MOUs with government regarding supply of cement for Government work.
    Maintain the position of competition in the market.




Threats

       Just a few years ago, the Aditya Birla Group bought over the cement business of L&T
for around ` 2,200 crore. L&T allowed its name to be used for about a year. O.P. Puranmalka,
Group Executive President, Grasim Industries, and Chief Marketing Officer, observes that in
a very short time the company had to establish a new brand name in the minds of the people
and use the L&T mind space. The task was Herculean. Explaining the strategy behind the
new brand name, Mr. Puranmalka said: "We wanted to capture the gene code of L&T in the
new brand name. So we commissioned research on customer perception about the L&T
Cement brand. Of course, we were very sure in our minds that L&T Cement epitomised
engineering prowess, technology quality and modernity."

       In step with its global agenda, the cement business of the Aditya Birla Group, is
orchestrating a contemporary brand makeover. With UltraTech Cement, the Aditya Birla
Group has established itself as not only the most respected domestic player but also among
the global leaders in cement.

       UltraTech has strong competitors like ACC, LAFARGE, AMBUJA Etc., although
the Brand Equity of ULTRATECH CEMENT is AT PAR with ACC and LAFAGE, to
maintain the same continuous follow-up in all respect is necessary.

       The Ultratech cement has to adopt necessary strategies to compete with strong
competitiors in order to retain its market position and the goodwill in the market.
SUGGESTION

       On the basis of above study carried out by me,the following suggestions are
submitte:-

    To increase the sales of Ultratech Cement in such area there is a need of time to time
       demo program, seminars & meetings.
    There is a need of more promotional activities specially in sub dealer and outside
       Bhagalpur area.
    Time to time offers should be provided to the customer from our Ultratech company.
    Need to available all the construction parts, material and tools our distributor office.
    Ultratech Company should be change the colour of PSC bags.
    The company must improve its supply so as the demand for the cement can easily be
       met.
    It must target the rural markets as they are providing a good marketing opportunity
       these days.
BIBLIOGRAPHY

 http://www.ultratechcement.com
 http://in.reuters.com/
 http://bilumi.org/Main/?gclid=CIub5da1z6QCFVJB6woddHPrEA
 http://www.adityabirla.com/social_projects/overview.htm
 http://www.google.co.in/url?sa=t&source=web&cd=10&ved=0CD4QFjAJ&url=http
   %3A%2F%2Fwww.tejwebworld.com%2Fultratech-cement-merger-with-grasim-
   cement-
   arm%2F&rct=j&q=subsidiary%20of%20ultratech%20cement&ei=4Oq1TIUfyqVwkI
   _s6gg&usg=AFQjCNE6036915loMbkHBFho7b3plsE13Q&sig2=3STan-PQcNAK-
   u1etgqsIg

Weitere ähnliche Inhalte

Was ist angesagt?

Shree cement mar. report
Shree cement mar. reportShree cement mar. report
Shree cement mar. reportsonu21
 
Overview on indian Cement Industry
Overview on indian Cement IndustryOverview on indian Cement Industry
Overview on indian Cement IndustryShubham Mandowara
 
A project report on customer satisfaction and market potential of ambuja cements
A project report on customer satisfaction and market potential of ambuja cementsA project report on customer satisfaction and market potential of ambuja cements
A project report on customer satisfaction and market potential of ambuja cementsProjects Kart
 
My ppt presentation on ultra tech cement copy
My ppt presentation on ultra tech cement   copyMy ppt presentation on ultra tech cement   copy
My ppt presentation on ultra tech cement copyASHISH KUMAR PANI
 
Customer satisfaction with reference to ambuja cement ltd
Customer satisfaction with reference to ambuja cement ltdCustomer satisfaction with reference to ambuja cement ltd
Customer satisfaction with reference to ambuja cement ltdShakti Prasad Tiwari
 
ultratech cement marketing strategy, 4 P's, swot analysis, competitor analysis
ultratech cement marketing strategy, 4 P's, swot analysis, competitor analysis ultratech cement marketing strategy, 4 P's, swot analysis, competitor analysis
ultratech cement marketing strategy, 4 P's, swot analysis, competitor analysis kunal mittal
 
comprehensive project - I on cement industry
comprehensive project - I on cement industrycomprehensive project - I on cement industry
comprehensive project - I on cement industryMansi Bhimani
 
Organizational study on acc limited banglore
Organizational study on acc limited bangloreOrganizational study on acc limited banglore
Organizational study on acc limited bangloreAbhinav Kp
 
Ambuja cement project report
Ambuja cement project reportAmbuja cement project report
Ambuja cement project reportKrishna Makhesana
 
JK Lakshmi Cements Ltd. - SUMMER INTERNSHIP REPORT
JK Lakshmi Cements Ltd. - SUMMER INTERNSHIP REPORT JK Lakshmi Cements Ltd. - SUMMER INTERNSHIP REPORT
JK Lakshmi Cements Ltd. - SUMMER INTERNSHIP REPORT Amit Sharma
 
Cement industry in india
Cement industry in india Cement industry in india
Cement industry in india Abhinav Kp
 
Cement Industry Analysis (India)
Cement Industry Analysis (India)Cement Industry Analysis (India)
Cement Industry Analysis (India)PRAKASH KUMAR
 

Was ist angesagt? (20)

Shree cement mar. report
Shree cement mar. reportShree cement mar. report
Shree cement mar. report
 
Overview on indian Cement Industry
Overview on indian Cement IndustryOverview on indian Cement Industry
Overview on indian Cement Industry
 
ambuja cement report
ambuja cement reportambuja cement report
ambuja cement report
 
A project report on customer satisfaction and market potential of ambuja cements
A project report on customer satisfaction and market potential of ambuja cementsA project report on customer satisfaction and market potential of ambuja cements
A project report on customer satisfaction and market potential of ambuja cements
 
Tata Steel-ppt
Tata Steel-pptTata Steel-ppt
Tata Steel-ppt
 
Report
ReportReport
Report
 
Cement Industry
Cement IndustryCement Industry
Cement Industry
 
My ppt presentation on ultra tech cement copy
My ppt presentation on ultra tech cement   copyMy ppt presentation on ultra tech cement   copy
My ppt presentation on ultra tech cement copy
 
Ultra tech
Ultra techUltra tech
Ultra tech
 
Customer satisfaction with reference to ambuja cement ltd
Customer satisfaction with reference to ambuja cement ltdCustomer satisfaction with reference to ambuja cement ltd
Customer satisfaction with reference to ambuja cement ltd
 
ultratech cement marketing strategy, 4 P's, swot analysis, competitor analysis
ultratech cement marketing strategy, 4 P's, swot analysis, competitor analysis ultratech cement marketing strategy, 4 P's, swot analysis, competitor analysis
ultratech cement marketing strategy, 4 P's, swot analysis, competitor analysis
 
comprehensive project - I on cement industry
comprehensive project - I on cement industrycomprehensive project - I on cement industry
comprehensive project - I on cement industry
 
Birla cement!
Birla cement!Birla cement!
Birla cement!
 
Survey on ultratech cement
Survey on ultratech cementSurvey on ultratech cement
Survey on ultratech cement
 
Organizational study on acc limited banglore
Organizational study on acc limited bangloreOrganizational study on acc limited banglore
Organizational study on acc limited banglore
 
jaypee cement cps
jaypee cement cpsjaypee cement cps
jaypee cement cps
 
Ambuja cement project report
Ambuja cement project reportAmbuja cement project report
Ambuja cement project report
 
JK Lakshmi Cements Ltd. - SUMMER INTERNSHIP REPORT
JK Lakshmi Cements Ltd. - SUMMER INTERNSHIP REPORT JK Lakshmi Cements Ltd. - SUMMER INTERNSHIP REPORT
JK Lakshmi Cements Ltd. - SUMMER INTERNSHIP REPORT
 
Cement industry in india
Cement industry in india Cement industry in india
Cement industry in india
 
Cement Industry Analysis (India)
Cement Industry Analysis (India)Cement Industry Analysis (India)
Cement Industry Analysis (India)
 

Ähnlich wie Ultratech project

comprehensive report
comprehensive report comprehensive report
comprehensive report Selvin Doshi
 
Project report on Employee Satisfaction
 Project report on Employee Satisfaction Project report on Employee Satisfaction
Project report on Employee SatisfactionMegha Sanghavi
 
Hrm 140721111726-phpapp01
Hrm 140721111726-phpapp01Hrm 140721111726-phpapp01
Hrm 140721111726-phpapp01IT
 
Organuzational Study of The Ramco Cements 2014
Organuzational Study of The Ramco Cements 2014Organuzational Study of The Ramco Cements 2014
Organuzational Study of The Ramco Cements 2014snehal thomas
 
Internship (Training) Report on Brand Awareness Analysis at Ultra Tech Cement...
Internship (Training) Report on Brand Awareness Analysis at Ultra Tech Cement...Internship (Training) Report on Brand Awareness Analysis at Ultra Tech Cement...
Internship (Training) Report on Brand Awareness Analysis at Ultra Tech Cement...Rajan Chhangani
 
Indian cement industry
Indian cement industryIndian cement industry
Indian cement industryHitesh Munjal
 
Indian cement industry
Indian cement industryIndian cement industry
Indian cement industryKartik Verma
 
Projecct report
Projecct reportProjecct report
Projecct report92deepak
 
15A3HP623DDINESHREDDY-FINALPROJECT REPORT--1-
15A3HP623DDINESHREDDY-FINALPROJECT REPORT--1-15A3HP623DDINESHREDDY-FINALPROJECT REPORT--1-
15A3HP623DDINESHREDDY-FINALPROJECT REPORT--1-D Dinesh Kumar Reddy
 
Cement 120322054853-phpapp02
Cement 120322054853-phpapp02Cement 120322054853-phpapp02
Cement 120322054853-phpapp02Chirag Kalal
 
An Organizational Study on J&K Cements Ltd and job satisfaction of the employ...
An Organizational Study on J&K Cements Ltd and job satisfaction of the employ...An Organizational Study on J&K Cements Ltd and job satisfaction of the employ...
An Organizational Study on J&K Cements Ltd and job satisfaction of the employ...Muneer Hussain Parray
 
IMC Strategy Of Premier Cement
IMC Strategy Of Premier CementIMC Strategy Of Premier Cement
IMC Strategy Of Premier CementSadman Prodhan
 
"Acceptance of Birla Wall Care Putty in Retail Segment"
"Acceptance of Birla Wall Care Putty in Retail Segment""Acceptance of Birla Wall Care Putty in Retail Segment"
"Acceptance of Birla Wall Care Putty in Retail Segment"Sidvin Shetty
 
comprehensive report
comprehensive report comprehensive report
comprehensive report Selvin Doshi
 
hi tech arai pvt ltd madurai
hi tech arai pvt ltd maduraihi tech arai pvt ltd madurai
hi tech arai pvt ltd maduraiPrakash Kumar
 

Ähnlich wie Ultratech project (20)

TRY6.pdf
TRY6.pdfTRY6.pdf
TRY6.pdf
 
comprehensive report
comprehensive report comprehensive report
comprehensive report
 
Project report on Employee Satisfaction
 Project report on Employee Satisfaction Project report on Employee Satisfaction
Project report on Employee Satisfaction
 
Hrm 140721111726-phpapp01
Hrm 140721111726-phpapp01Hrm 140721111726-phpapp01
Hrm 140721111726-phpapp01
 
Organuzational Study of The Ramco Cements 2014
Organuzational Study of The Ramco Cements 2014Organuzational Study of The Ramco Cements 2014
Organuzational Study of The Ramco Cements 2014
 
Internship (Training) Report on Brand Awareness Analysis at Ultra Tech Cement...
Internship (Training) Report on Brand Awareness Analysis at Ultra Tech Cement...Internship (Training) Report on Brand Awareness Analysis at Ultra Tech Cement...
Internship (Training) Report on Brand Awareness Analysis at Ultra Tech Cement...
 
cement plant report
cement plant reportcement plant report
cement plant report
 
Indian cement industry
Indian cement industryIndian cement industry
Indian cement industry
 
Indian cement industry
Indian cement industryIndian cement industry
Indian cement industry
 
Mini_Project-.docx
Mini_Project-.docxMini_Project-.docx
Mini_Project-.docx
 
Zuari report
Zuari reportZuari report
Zuari report
 
Projecct report
Projecct reportProjecct report
Projecct report
 
Himani shukla sip
Himani shukla sipHimani shukla sip
Himani shukla sip
 
15A3HP623DDINESHREDDY-FINALPROJECT REPORT--1-
15A3HP623DDINESHREDDY-FINALPROJECT REPORT--1-15A3HP623DDINESHREDDY-FINALPROJECT REPORT--1-
15A3HP623DDINESHREDDY-FINALPROJECT REPORT--1-
 
Cement 120322054853-phpapp02
Cement 120322054853-phpapp02Cement 120322054853-phpapp02
Cement 120322054853-phpapp02
 
An Organizational Study on J&K Cements Ltd and job satisfaction of the employ...
An Organizational Study on J&K Cements Ltd and job satisfaction of the employ...An Organizational Study on J&K Cements Ltd and job satisfaction of the employ...
An Organizational Study on J&K Cements Ltd and job satisfaction of the employ...
 
IMC Strategy Of Premier Cement
IMC Strategy Of Premier CementIMC Strategy Of Premier Cement
IMC Strategy Of Premier Cement
 
"Acceptance of Birla Wall Care Putty in Retail Segment"
"Acceptance of Birla Wall Care Putty in Retail Segment""Acceptance of Birla Wall Care Putty in Retail Segment"
"Acceptance of Birla Wall Care Putty in Retail Segment"
 
comprehensive report
comprehensive report comprehensive report
comprehensive report
 
hi tech arai pvt ltd madurai
hi tech arai pvt ltd maduraihi tech arai pvt ltd madurai
hi tech arai pvt ltd madurai
 

Kürzlich hochgeladen

Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4JOYLYNSAMANIEGO
 
Active Learning Strategies (in short ALS).pdf
Active Learning Strategies (in short ALS).pdfActive Learning Strategies (in short ALS).pdf
Active Learning Strategies (in short ALS).pdfPatidar M
 
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)lakshayb543
 
Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Seán Kennedy
 
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...JojoEDelaCruz
 
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxQ4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxlancelewisportillo
 
Presentation Activity 2. Unit 3 transv.pptx
Presentation Activity 2. Unit 3 transv.pptxPresentation Activity 2. Unit 3 transv.pptx
Presentation Activity 2. Unit 3 transv.pptxRosabel UA
 
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...Postal Advocate Inc.
 
Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Celine George
 
The Contemporary World: The Globalization of World Politics
The Contemporary World: The Globalization of World PoliticsThe Contemporary World: The Globalization of World Politics
The Contemporary World: The Globalization of World PoliticsRommel Regala
 
4.18.24 Movement Legacies, Reflection, and Review.pptx
4.18.24 Movement Legacies, Reflection, and Review.pptx4.18.24 Movement Legacies, Reflection, and Review.pptx
4.18.24 Movement Legacies, Reflection, and Review.pptxmary850239
 
Millenials and Fillennials (Ethical Challenge and Responses).pptx
Millenials and Fillennials (Ethical Challenge and Responses).pptxMillenials and Fillennials (Ethical Challenge and Responses).pptx
Millenials and Fillennials (Ethical Challenge and Responses).pptxJanEmmanBrigoli
 
4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptxmary850239
 
Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Mark Reed
 
ClimART Action | eTwinning Project
ClimART Action    |    eTwinning ProjectClimART Action    |    eTwinning Project
ClimART Action | eTwinning Projectjordimapav
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptxmary850239
 
How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17Celine George
 

Kürzlich hochgeladen (20)

Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4Daily Lesson Plan in Mathematics Quarter 4
Daily Lesson Plan in Mathematics Quarter 4
 
Active Learning Strategies (in short ALS).pdf
Active Learning Strategies (in short ALS).pdfActive Learning Strategies (in short ALS).pdf
Active Learning Strategies (in short ALS).pdf
 
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
 
Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...
 
LEFT_ON_C'N_ PRELIMS_EL_DORADO_2024.pptx
LEFT_ON_C'N_ PRELIMS_EL_DORADO_2024.pptxLEFT_ON_C'N_ PRELIMS_EL_DORADO_2024.pptx
LEFT_ON_C'N_ PRELIMS_EL_DORADO_2024.pptx
 
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
ENG 5 Q4 WEEk 1 DAY 1 Restate sentences heard in one’s own words. Use appropr...
 
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxQ4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
 
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptxYOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
YOUVE GOT EMAIL_FINALS_EL_DORADO_2024.pptx
 
Presentation Activity 2. Unit 3 transv.pptx
Presentation Activity 2. Unit 3 transv.pptxPresentation Activity 2. Unit 3 transv.pptx
Presentation Activity 2. Unit 3 transv.pptx
 
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
 
Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17Field Attribute Index Feature in Odoo 17
Field Attribute Index Feature in Odoo 17
 
The Contemporary World: The Globalization of World Politics
The Contemporary World: The Globalization of World PoliticsThe Contemporary World: The Globalization of World Politics
The Contemporary World: The Globalization of World Politics
 
4.18.24 Movement Legacies, Reflection, and Review.pptx
4.18.24 Movement Legacies, Reflection, and Review.pptx4.18.24 Movement Legacies, Reflection, and Review.pptx
4.18.24 Movement Legacies, Reflection, and Review.pptx
 
Millenials and Fillennials (Ethical Challenge and Responses).pptx
Millenials and Fillennials (Ethical Challenge and Responses).pptxMillenials and Fillennials (Ethical Challenge and Responses).pptx
Millenials and Fillennials (Ethical Challenge and Responses).pptx
 
4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx4.16.24 21st Century Movements for Black Lives.pptx
4.16.24 21st Century Movements for Black Lives.pptx
 
Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)
 
ClimART Action | eTwinning Project
ClimART Action    |    eTwinning ProjectClimART Action    |    eTwinning Project
ClimART Action | eTwinning Project
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx
 
Paradigm shift in nursing research by RS MEHTA
Paradigm shift in nursing research by RS MEHTAParadigm shift in nursing research by RS MEHTA
Paradigm shift in nursing research by RS MEHTA
 
How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17How to Add Barcode on PDF Report in Odoo 17
How to Add Barcode on PDF Report in Odoo 17
 

Ultratech project

  • 1. Seminar Report on “Cement Industry-UltraTech Cement” Submitted in Partial Fulfilment for the Award of the Diploma of Post Graduate Diploma in Management (Session 2010-12) Submitted to: Submitted By: Faculty Name: Dr.Ajay Pratap Singh Student Name:Anamika Verma Internal Guide:Dr.Raj Purohit Roll No:PGD10016 PGDM – I Trimester-Sec-A DEPARTMENT OF MANAGEMENT INSTITUTE OF MANAGEMENT STUDIES, NOIDA A UGC Recognized Institute A-8B, Plot –C, Sector-62, Noida
  • 2. INSTITUTE OF MANAGEMENT STUDIES, NOIDA A UGC Recognized Institute A-8B, Plot –C, Sector-62, Noida DECLARATION I Anamika Verma bearing Roll No PGD10016 Class PGDM-I-(A) of the Institute of Management Studies, Noida hereby declare that the Seminar Report-108 entitled Cement Industry-UltraTech Cement is an original work and the same has not been submitted to any other Institute for the award of any other diploma. The suggestions as approved by the faculty were duly incorporated. Signature of Student Countersigned Signature of Faculty Guide
  • 3. ACKNOWLEDGEMENT I would like to express my deep gratitude to all those who, directly or indirectly made this project possible. I have got considerable help and support in making this project report a reality from many people. Firstly I would like to thank Institute of Management Studies, Noida for giving me the opportunity to do this work. I would also like to convey my special thanks to my project guide Dr. R.S.Raj Purohit, whose endeavour for perfection, innovation and dynamism contributed in a big way in completing this project. This work is the reflection of his thought, ideas, concept and above all her efforts. Thank You- Anamika Verma PGDM-I-A PGD10016
  • 4. TABLE OF CONTENT Page No. INDUSTRY DETAIL 1-4 COMPANY SPECIFIC 5-9 VISION 10 MISSION 10 CODE OF CONDUCT 11-12 MILESTONE 13-14 MANAGEMENT TEAMS 15 PRODUCTS 16-22 MERGERS 23-28 CSR 29-36 SWOT 37-40 SUGGESTION 41 BIBLIOGRAPHY 42
  • 5. INDUSTRY DETAIL The Indian cement industry has been on a high growth trajectory for more than a decade, led by buoyancy in sectors such as real estate and construction. The industry has witnessed continuous modernisation and adoption of new technologies in recent years. India is the world's second largest producer of cement after China with industry capacity of over 200 million tonnes (MT). With the boost given by the government to various infrastructure projects, road networks and housing facilities, growth in the cement consumption is anticipated in the coming years. The modern Indian cement plants are state-of-the-art plants and amongst the best in the world. The cement industry comprises of 134 large cement plants with an installed capacity of 173.08 million tonnes and more than 350 operating mini-cement plants, with an estimated capacity of 11.10 million tonnes per annum, making a total installed capacity of 184.18 million tonnes in the last fiscal, as per the Department of Industrial Policy and Promotion's latest data. In order to meet the expanding demand, cement companies are fast developing new plants. The cement industry is poised to add 111 MT of annual capacity by the end of 2009–10 (FY 2010), riding on the back of approximately 141 outstanding cement projects. According to a report by the ICRA Industry Monitor, the installed capacity is expected to increase to 241 MTPA by FY 2010-end. India's cement industry is likely to record an annual growth of 10 per cent in the coming years with higher domestic demand resulting in increased capacity utilisation. Housing, Infrastructure and Real estate sectors, with major construction activity in rural and semi-urban areas through large infrastructure and housing development projects, are
  • 6. expected to augment the growth rise in cement sector. Demand in this region is being driven by infrastructure, residential and commercial projects. Domestic Players While the Cement Corporation of India, a central public sector undertaking, comprises 10 units; the various State governments own 10 large cement plants. Among the leading domestic players in terms of cement manufacturing are-  Ambuja Cement,  Aditya Birla Group (which owns UltraTech Cement),  ACC Ltd,  J K Cement etc They are not only the foremost producers of cement but also enjoy a high level of equity in the market. Despite a slowdown in most sectors of the economy, the Aditya Birla group, the country's largest cement maker, has seen a sharp rise in cement sales in December. According to figures released by the conglomerate, sales by the group are up 13.36 per cent at 2.82 MT, compared to last year. The Birla group's production of cement for December also rose, by 14.85 per cent to 2.27 MT. The other large cement maker, ACC, too saw a jump in sales in December, despite the slowdown in the realty sector. ACC reported a marginal rise in its cumulative production for the January-December period to 20.84 MT, from 19.92 MT last year; sales rose to 20.86 MT from 19.88 MT last year (2009). Ambuja Cements Ltd, India's third-largest cement maker, too saw an increase in shipments in December 2008. Shipments rose 11.8 per cent to 16.62 MT from 14.86 MT, a year earlier. Global Players Rapid urbanisation and the booming infrastructure have lead to an increase in construction and development across India, attracting even the global players. The recent
  • 7. years have witnessed a surge of foreign direct investment in the cement sector. International players like France's Lafarge, Holcim from Switzerland, Italy's Italcementi and Germany's Heidelberg Cements together hold more than a quarter of the total capacity.  Holcim, one of the world's leading suppliers of cement, has 24 plants in the country (India) and enjoys a market share of about 23–25 per cent  Italcementi Group, which acquired full stake in the K K Birla promoted Zuari Industries' cement.  The French cement major, Lafarge which acquired the cement plants of Raymond and Tisco with an installed capacity of 6.5 MTPA a few years back plans to grow it to 15-30 MTPA in the next 10 years. Till now its manufacturing capacity was concentrated in East India, but now the company is spreading its wings to the north and south. It is setting up four greenfield projects in Rajasthan, Himachal Pradesh, north-east and south India, with a combined capacity of around 5 MT.  German major, Heidelberg Cement has merged Mysore Cement, in which it owns around 54 per cent stake, Indorama, (where it acquired 100 per cent stake in 2008) and its 100 per cent Indian subsidiary, Heidelberg Cement India. Installed capacity The cement industry in India has added a whopping 46 MT capacity in just a little over three years, taking the total installed capacity to 206.96 MT as on December 31, 2008. This includes India Cements Ltd's new grinding unit at Vallur, Tamil Nadu with an installed capacity of 1.10 MT, and UltraTech's plant at Ginigera, Karnataka with an installed capacity of 1.30 MT.The industry added over 30 MT to its installed capacity in just one year (April 2007–March 2008). Almost all players of the industry, small to medium to large, have added capacity ranging between a minimum of 200,000 tonnes and a maximum of 3 MT in the three years (April 2005 to March 2008), effecting a total addition of 45 MT to the installed capacity by setting up greenfield projects, and expanding and upgrading the existing plant.
  • 8. Technological change Continuous technological upgrading and assimilation of latest technology has been going on in the cement industry. Presently, 93 per cent of the total capacity in the industry is based on modern and environment-friendly dry process technology and only 7 per cent of the capacity is based on old wet and semi-dry process technology. There is tremendous scope for waste heat recovery in cement plants and thereby reduction in emission level. One project for co-generation of power utilising waste heat in an Indian cement plant is being implemented with Japanese assistance under the Green Aid Plan. The induction of advanced technology has helped the industry immensely to conserve energy and fuel and to save materials substantially. India is also producing different varieties of cement like Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Blast Furnace Slag Cement (PBFC), Oil Well Cement, Rapid Hardening Portland Cement, etc. Production of these varieties of cement conform to the BIS Specifications. Between April to November 2008, 25 per cent of all cement produced was OPC, 67 per cent was PPC and 8 per cent was PBFC. RMC Business Ready-mix concrete (RMC) is sometime preferred to on-site concrete mixing because of the precision of the mixture and reduced worksite confusion. The Indian RMC business is growing by 25 per cent every year. In India only 2–3 per cent cement consumption by cement industry goes through RMC, as against 60 per cent in developed markets. At present, India has 200 RMC plants across the country.  JK Lakshmi Cements plans to add five more RMC units to its existing 10 units as part of its expansion plans at a total cost of US$ 210.53 million.  Lafarge, the world's second largest cement maker, has bagged Larsen and Toubro's RMC business for US$ 311.39 million. Lafarge will be acquiring 66 concrete plants located across India, in key markets such as Delhi, Kolkata, Mumbai and Bangalore, with a total market share of approximately 25%  Binani Cement, Shree Cement and Dalmia Cement are among the new players who have plans to get into the RMC business in the next five years.
  • 9. COMPANY SPECIFIC ABOUT THE ADITYA BIRLA GROUP A US $24 billion corporation with a market capital of US $23 billion and in the League of Fortune 500, the Aditya Birla Group is anchored by an extraordinary force of 100,000 employees, belonging to 25 different nationalities. Over 50 per cent of its revenues flow from its operations across the world The Aditya Birla Group‘s products and services offer distinctive customer solutions worldwide. The Group has operations in 20 countries - India, Thailand, Laos, Indonesia, Philippines, Egypt, China, Canada, Australia, USA, UK, Germany, Hungary, Brazil, Italy, France, Luxembourg, Switzerland, Malaysia and Korea. In India, the Group has been adjudged “The Best Employer in India and among the top 20 in Asia” by the Hewitt-Economic Times and Wall Street Journal Study 2007. Globally the Aditya Birla Group is-  A metals powerhouse, among the world‘s most cost-efficient aluminium and copper producers. Hindalco, from its fold, is a Fortune 500 Company. It is also the largest aluminium rolling company and one of the 3 biggest producers of primary aluminium in Asia, with the largest single location copper smelter  No. 1 in viscose staple fibre  The 3rd largest producer of insulators  The 4th largest producer of carbon black  The 11th largest cement producer globally and the 2nd largest in India  Among the world‘s top 15 BPO companies and among India‘s top 3  Among the best energy efficient fertilisers plants
  • 10. In India-  A premier branded garments player  The 2nd largest player in viscose filament yarn  The 2nd largest in the Chlor-alkali sector  Among the top 5 mobile telephony companies  A leading player in Life Insurance and Asset Management. ULTRATECH CEMENT History  ECC was conceived as Engineering Construction Corporation Limited in April 1944 and was incorporated as wholly owned subsidiary of Larsen & Toubro Limited. L&T's founders Mr. Holck - Larsen and Mr. Toubro laid the foundation for ECC.  ECC incorporated on 24 August 2000 as L&T Cement Limited  Cement business of Larsen & Toubro Limited demerged and vested in company in 2004  Grasim (Aditya Birla Group) acquired management control in July 2004  Aditya Birla Cement production started in 1998.  Turnover in the financial year 2003 was Rs 4626 crore.
  • 11. UltraTech Cement, known for its impeccable quality, is today changing the face of India. The cement has not only built landmark projects like flyovers, bridges, dams, runways, but has also built everlasting trust in engineers, builders, contractors and individual house builders. With a manufacturing capacity of 48.8 million MT annually (2009), eleven integrated plants, eleven grinding units and five bulk terminals, UltraTech cement is the 8th largest cement producer in the world. Its composite product portfolio which, along with UltraTech (Grey Cement) includes Birla White (White Cement) and Ready Mix Concrete (UltraTech Concrete). Also, an array of new products - UltraTech Seal & Dry – Total Water Proofing Solution, UltraTech SuperStucco – Easy to apply Polymer Modified mortar , UltraTech Nubric – strong & eco friendly brick , UltraTech FixoBlock – extra fine jointing mortar , UltraTech Readiplast – plaster product makes UltraTech a complete construction solutions company. This ethos is also reflected in UltraTech Building Solutions – its initiative to bring construction solutions to consumers under one roof. With growing demand for cement in the wake of housing and infrastructure boom the company is set to attain newer heights. Financial facts The company is headquartering at Mumbai in India. The company reported revenues of (`) INR 66,643.30 million during the fiscal year ended March 2009, an increase of 16.43% over 2008. The operating profit of the company was INR 13,678.20 million during the fiscal year 2009, a decrease of 9.73% from 2008. The net profit of the company was INR 9,780.60 million during the fiscal year 2009, a decrease of 3.17% from 2008.
  • 12. Plant and Machinery UltraTech Concrete is manufactured at state-of-the-art computerized automatic batching & mixing plants with contemporary technology. Some of the special features of our plants are- 1. Entire process is fully computerized, leaving no scope for human errors. All the control systems are Windows based. 2. Cement and other raw material are checked as per our quality plan. 3. All the raw materials are stacked in separate bins and are stored under cover so that aggregates are not exposed to direct sunlight and environment pollution. 4. Cement, Fly ash, Slag etc. are stored in separate silos for better control on recipe. 5. Handling of fly ash and slag are done from closed bunkers to silos directly. 6. Separate weigh-batchers are provided for each ingredient like cement, water, admixtures and aggregates. The weighing is done on sophisticated electronic weigh batchers. Precise weighing of all materials is done through electronic load cells made up of special alloys. 7. Homogeneous mixing of concrete is ensured by use of special high-efficiency mixers like pan-type or turbo-twin shaft mixers. 8. A fully equipped onsite plant laboratory is available at each plant. 9. A Sprinkler system is installed to ensure temperature control of aggregates in hot weather. 10. In line with Group‘s focus towards environment and eco-friendliness all silos are installed with bag filters and level indicators to avoid any kind of pollution. 11. Processes are in place for effective and periodic maintenance and calibration of all critical components. 12. Laser sensor and moisture control are used for a stringent quality assurance. 13. Well trained and experienced engineers are available at every plant to take care of the quality of concrete.
  • 13. PLANTS  Awarpur Cement Works  Gujarat Cement Works  Hirmi Cement Works  Jafrabad Cement Works  Arakkonam Cement Works  Jharsuguda Cement Works  Magdalla Cement Works  Ratnagiri Cement Works  West Bengal Cement Works  Ginigera Cement Works Overview Cement is an essential material for today's society because concrete is made from cement, which is an inevitable element for housing, commercial and infrastructure development. Measured on a kilogram per capita basis, concrete is 2nd most widely consumed material in the world, second only to water. Cement manufacturing process will have -Local impacts (landscape disturbance, dust emission) and Global impacts (CO2, SOx and NOx emissions). Because of these impacts, sustainable development has recently become a major strategic issue for cement manufacturers around the world. Cement industry is giving very specific and serious attention for managing CO2 emissions. In 2000 a group of 10 major cement companies collaborated as "working group cement"(Cemex (Mexico), Lafarge (France), Cimpor (Portugal), RMC (Great Britain), Heidelbeurg (Germany), Siam Cement (Thailand), Holcim (Switzerland), Italicementi (Italy), Votorantim (Brazil) has sponsored study under World Business Council for sustainable development (WBCSD). WBSCD has entrusted this study to an independent organization namely, Batelle Memorial Institute. The ideas emerged from this study indicate that the cement industry-
  • 14.  Operates manufacturing or processing facilities in 150 countries.  Has estimated a turnover of USD 97 billion.  Directly employs an estimated 850,000 workers Mission To deliver superior value to our customers, shareholders, employees and society at large. Vision "To actively contribute to the social and economic development of the communities in which we operate. In so doing, build a better, sustainable way of life for the weaker sections of society and raise the country's human development index." — Mrs. Rajashree Birla, Chairperson, The Aditya Birla Centre for Community Initiatives and Rural Development
  • 15. CODE OF CONDUCT The Code of Conduct (hereinafter referred to as "the Code") has been framed and adopted by UltraTech Cement Limited (hereinafter referred to as "the Company") in compliance with the provisions of Clause 49 of the Listing Agreements entered into by the Company with the Stock Exchanges. Applicability The Code applies to the Members of Board of Directors (hereinafter referred to as "Board Members") and Members of the Senior Management Team of the Company one level below the Board Members, viz. Manager & CEO, CFO and all Unit Heads, Presidents, Joint Presidents and all other executives having similar or equivalent rank in the Company and the Company Secretary of the Company (hereinafter referred to as "Senior Managers").The Company Secretary shall be the Compliance Officer for the purpose of this Code. Code of Conduct The Board Members and Senior Managers shall observe the highest standards of ethical conduct and integrity and shall work to the best of their ability and judgement. The Board Members and the Senior Managers of the Company- 1 Shall maintain and help the Company in maintaining highest degree of Corporate Governance practices. 2 Shall act in utmost good faith and exercise due care, diligence and integrity in performing their office duties. 3 Shall ensure that they use the Company's assets, properties, information and intellectual rights for official purpose only or as per the terms of their appointment. 4 Shall not seek, accept or receive, directly or indirectly, any gift, payments or favour in whatsoever form from Company's business associates, which can be perceived as being given to gain favour or dealing with the Company and shall ensure that the Company's interests are never compromised.
  • 16. 5 Shall maintain confidentiality of information entrusted by the Company or acquired during performance of their duties and shall not use it for personal gain or advantage. 6 Shall not commit any offences involving moral turpitude or any act contrary to law or opposed to the public policy. 7 Shall not communicate with any member of the press or publicity media or any other outside agency on matters concerning the Company, except through the designated spokespersons or authorized otherwise. 8 Shall not, without the prior approval of the Board or Senior Management, as the case may be, accept employment or a position of responsibility with any other organization for remuneration or otherwise that are prejudicial to the interests of the Company and shall not allow personal interest to conflict with the interest of the Company. 9 Shall in conformity with applicable legal provisions disclose personal and/ or financial interest in any business dealings concerning the Company and shall declare information about their relatives (spouse, dependent children and dependent parents) including transactions, if any, entered into with them. 10 Shall ensure compliance of the prescribed safety & environment related norms and other applicable codes, laws, rules, regulations and statutes, which if not complied with may, otherwise, disqualify him/ her from his/ her association with the Company. 11 Shall ensure compliance with SEBI (Prohibition of Insider Trading) Regulations, 1992 as also other regulations as may become applicable to them from time to time. Annual Compliance Reporting Board Member and Senior Managers shall affirm compliance with this Code on an annual basis as at the end of the each financial year of the Company (as per Appendix I within 7 days of the close of every financial year). Acknowledgement of Receipt of the Code Each Board Member and Senior Manager both present and future shall acknowledge receipt of the Code or any modification(s) thereto, in the acknowledgement form annexed to this Code as Appendix - II and forward the same to the Compliance Officer.
  • 17. Any breach of the aforesaid Code brought to the notice of the Compliance Officer or any Member of the Board or Senior Management shall be reported to the Board of Directors of the Company for necessary action. MILESTONES 1983  Awarpur Cement Works Plant I 1987  Awarpur Cement Works Plant II 1993  Jharsuguda grinding unit 1994  Hirmi Cement Works 1996  Gujarat Cement Works Plant I 1998  Andhra Pradesh Cement Works  Gujarat Cement Works Plant II 1999  Narmada Cement Company Limited acquired  Ratnagiri Cement Works 2000  Bulk cement terminals at Mangalore, Navi Mumbai and Colombo 2001  Grasim acquires 10 per cent stake in L&T. Subsequently increases stake to 15.3 per cent by October 2002.  Durgapur grinding unit 2002  Grasim increases its stake in L&T to 14.15 per cent  Arakkonam grinding unit
  • 18.  The Grasim Board approves an open offer for purchase of up to 20% of the equity shares of Larsen & Toubro Ltd (L&T), in accordance with the provisions and guidelines issued by the SEBI Regulations, 1997. 2003  The board of Larsen & Toubro Ltd (L&T) decides to demerge its cement business into a separate cement company (CemCo). Grasim decides to acquire an 8.5% equity stake from L&T and then make an open offer for 30% of the equity of CemCo, to acquire management control of the company. 2004  Completion of the implementation process to demerge the cement business of L&T and completion of open offer by Grasim, with the latter acquiring controlling stake in the newly formed company UltraTech. 2006  Formerly known as Ultratech Cemco Limited. The Group's principal activities are to manufacture and market clinker and cement in India.  Ultratech Cement Ltd has inducted Mr. Saurabh Misra into the Board as an Additional Director and appointed Managing Director of the Company. 2007  Ultratech Cement receives order from BIFR.  Ultratech Cement Ltd has appointed Mr Girish M Dave as a Director on the Board of the Company. 2009  UltraTech to absorb Samruddhi to form India's biggest cement firm  Ultratech to be the lead sponsors of Rajasthan Royals  UltraTech to consider Grasim merger proposal 2010  Ultratech Cement Ltd has appointed Mr. 0 P Puranmalka as Additional Director with immediate effect.
  • 19. MANAGEMENT TEAMS Board of Directors  Mr. Kumar Mangalam Birla, Chairperson  Mrs. Rajashree Birla  Mr. R.C.Bhargava  Mr. G.M.Dave  Mr. N.J.Jhaveri  Mr. S.B.Mathur  Mr. V.T.Moorthy  Mr. S.Rajgopal  Mr. D.D.Rathi  Mr. O.P.Puranmalka, Wholetime Director Executive President & Chief Financial Officer  Mr.K.C.Birla Chief Manufacturing Officer  Mr. R.K.Shah Chief Marketing Officer  Mr. S.N.Jajoo Chief People Officer  Mr. C.B.Tiwari Company Secretary  Mr. S.K.Chatterjee 
  • 20. PRODUCTS UltraTech is India's largest exporter of cement clinker. The company's production facilities are spread across eleven integrated plants, one white cement plant, twelve grinding units, and five terminals — four in India and one in Sri Lanka. Most of the plants have ISO 9001, ISO 14001 and OHSAS 18001 certification. In addition, two plants have received ISO 27001 certification and four have received SA 8000 certification. The process is currently underway for the remaining plants. The company exports over 2.5 million tonnes per annum, which is about 30 per cent of the country's total exports (2009). The export market comprises of countries around the Indian Ocean, Africa, Europe and the Middle East. Export is a thrust area in the company's strategy for growth.  Ordinary Portland cement  Portland blast furnace slag cement  Portland Pozzolana cement Ordinary Portland cement Ordinary Portland cement is the most commonly used cement for a wide range of applications. These applications cover dry-lean mixes, general-purpose ready-mixes, and even high strength pre-cast and pre-stressed concrete.
  • 21. Portland blast furnace slag cement Portland blast-furnace slag cement contains up to 70 per cent of finely ground, granulated blast-furnace slag, a non-metallic product consisting essentially of silicates and alumino-silicates of calcium. Slag brings with it the advantage of the energy invested in the slag making. Grinding slag for cement replacement takes only 25 per cent of the energy needed to manufacture Portland cement. Using slag cement to replace a portion of Portland cement in a concrete mixture is a useful method to make concrete better and more consistent. Portland blast-furnace slag cement has a lighter colour, better concrete workability, easier finish ability, higher compressive and flexural strength, lower permeability, improved resistance to aggressive chemicals and more consistent plastic and hardened consistency. Portland Pozzolana cement Portland pozzolana cement is ordinary Portland cement blended with pozzolanic materials (power-station fly ash, burnt clays, ash from burnt plant material or silicious earths), either together or separately. Portland clinker is ground with gypsum and pozzolanic materials which, though they do not have cementing properties in themselves, combine chemically with Portland cement in the presence of water to form extra strong cementing material which resists wet cracking, thermal cracking and has a high degree of cohesion and workability in concrete and mortar. Concrete Concrete is most vital material in modern construction. It has versatile properties like easy mould ability, high compressive strength and long lasting durability. These properties of concrete have made it most popular construction material for all types of civil engineering works. The latest developments in concrete technology have made it possible to use it in intricate and architecturally complex structures, requiring high degree of performance and aesthetic appearance. In addition to normal concrete, other varieties in use are, high strength and high performance concrete, self compacting, light weight, high density, fibre reinforced, polymer, coloured concrete etc.
  • 22. The ingredients of good and bad concrete are the same. The difference lies in the technology used for production, transportation and placement. The making of concrete is an art as well as a science. Science because all the ingredients are proportioned as per the standard codes of practice to get the targeted strength & durability, and an art because in addition to accurate proportioning, quality of concrete depends on the way it is mixed, placed, compacted, finished, cured and protected. Ready mix Concrete (RMC) technology results in a perfect blend of the Art and Science. In all the developed as well as most of the developing nations, use of RMC for construction has made it possible to achieve speed and quality. The advent of commercial RMC in India is about a decade old, but in recent years it has become the preferred choice of architects, engineers and consumers. UltraTech Concrete is committed to provide customised high quality RMC for ensuring speedy construction. UltraTech concrete plants are present in-  Mumbai,  Pune,  Nasik,  Nagpur,  Ahmedabad,  Surat,  Gurgaon,  Noida,  Jaipur,  Chandigarh,  Chennai,  Bangalore,  Hyderabad,  Cochin,  Vizag,  Ludhiana,  Raipur
  • 23. Production Portland cements are made by grinding a mixture of limestone, clay and other corrective materials, viz. Lateritic, Bauxite etc. Essential constituents mainly are Lime, Silica, Alumina and Iron Oxide. The process of manufacturing consists of grinding of raw materials into fine powder, mixing them intimately and burning in a kiln at about 1400 deg. C. The resultant product is called Clinker. Clinker is cooled, ground to fine powder with gypsum. The end product is cement. Cement UltraTech Concrete plants use fresh cement directly procured from the state-of-the-art cement plants mainly through cement bulkers, which in turn is pumped directly into UltraTech Concrete silos, thus protecting it from the external environment and humidity. Coarse Aggregates UltraTech Concrete directly sources the aggregates from selected and approved suppliers and these aggregates are tested as per IS stipulations at regular intervals for:  Shape, size and gradation (elongation/flakiness test)  Impact value and crushing value test for their strength Fine Aggregate UltraTech Concrete directly purchases sand from selected and approved suppliers. The sand is tested as per IS stipulations at regular intervals for:  Moisture content  Gradation for fineness modulus  Silt content Water UltraTech Concrete tests the quality of water as per BIS standards at frequent intervals and in case the water needs any treatment, water purifiers are used.
  • 24. Mineral Admixtures In UltraTech Concrete plants, mineral admixtures are obtained from proven sources conforming to relevant BIS standards. High-tech facilities are used for collection, transportation and storage to avoid contamination due to environment and any other source. Chemical Admixtures In UltraTech Concrete plants, high quality admixtures are used in concrete during mixing to improve certain properties of fresh concrete such as workability and setting time. The admixture is sourced from reputed companies and is tested for compatibility with cement before use. Workability of concrete In UltraTech Concrete, workability is properly controlled through scientific methods by appropriate dosing of admixtures. Workability is measured (and recorded) for every batch to facilitate efficient transportation and pumping. Batching and Mixing UltraTech Concrete is proportioned using computer aided scientific methods conforming to relevant standards. Mixing is done through high efficiency pan mixers or twin shaft vibro-mixers in fully automated mixing and batching plant leaving no scope for human error. These measures ensure consistent quality in every batch. Making Good Construction Better  Efflorescense and leaching in concrete  Vibrating Concrete  Cold Weather Concreting  Bleeding in concrete
  • 25.  Hot weather concreting  Fibre Reinforced concrete  Cover for Reinforcement  Curing  Plastic Shrinkage Cracks  General Precautions Going forward Industry demand may grow at 9% for the year given the Government initiatives to boost rural development, infrastructure and housing – all of which provide a growth impetus. New capacities, which are at various stages of commissioning, will inevitably result in a fall in capacity utilization from H2FY10 and squeeze margins. Company‘s steps in the form of cement / clinker capacity addition, new thermal power plants and capital productivity should partially offset the impact on margins. Company’s Performance The financial year 2008-09 began under a challenging environment. Rising energy cost and commodity prices spurred inflation and affected margins. In the second half, the global financial crises aggravated the situation resulting in a liquidity crunch, a high cost of credit and a sharp fall in capital markets. All of this resulted in an overall slowdown in the economy. The Central Government and the Reserve Bank of India adopted a series of fiscal and administrative initiatives to address the situation. These were in the form of infusing liquidity in the market by reducing CRR and SLR of Banks, stimulus packages and release of arrears in wages following the recommendation of the 6th Pay Commission Award. These measures led to a revival of construction activities in the semi urban and rural areas during the last quarter of FY09 resulting in an increase in the demand for cement. During the year ended 31st March, 2009, Net revenues at `6,383 crores grew by 16% over the preceding year, while Net Profit at ` 977 crores was 3% lower. Effective capacity utilisation was 96% on expanded capacity. Aggregate sales volume at 18.18 MMT
  • 26. was up by 6% compared to 17.11 MMT in the previous year. Company‘s sales volume grew by 24%, at 5.31 MMT. Net Sales at Rs. 1,953 crores was up by 31% compared to ` 1,496 crores in Q1FY‘09. Profit before interest, depreciation and tax at ` 751 crores vis-a-vis ` 472 crores in Q1FY‘09 rose by 59% and Profit after tax at ` 418 crores as against `.265 crores for the corresponding period in FY‘09 increased by 58%. Strategies Adopted by UltraTech  Promise: Excellent product quality and customer care are the hallmark of UltraTech.  Capitalizing the opportunity of the geometric growth in the housing sector and the government's thrust on infrastructure.  Right decision at right time  Having excellent Product in hand  Constantly striving to improve and capture more number of market share  Training to Staff  Promotion through movies  Sponsorship Opinion towards Marketing  Increase frequency of advertisements on T.V., radio, internet and print media.  Increase Strategic Alliance  Increase visibility by campaign and other modes.  Increase number of distributors and agents  Increase number of warehouse  Having micro-planning in place
  • 27. MERGER UltraTech Cement With Grasim Cement Arm After demerging the cement business from Grasim Industries, the Aditya Birla group has decided to merge the new cement subsidiary with group firm UltraTech Cement Ltd. Grasim Industries‘ decision to restructure its cement assets into a separately listed entity, with the ultimate aim of merging it with UltraTech‘s cement business, is seen in a positive light. However, while the deal looks beneficial from a long-term perspective, analysts believe that there are no immediate gains. But, they expect shareholders of UltraTech Cement to gain marginally from a possible re-rating in the near-term. Grasim Industries demerged its cement business into Samruddhi Cement Ltd, a wholly-owned subsidiary of Grasim, as part of its restructuring plan, where Grasim‘s shareholders would receive one equity share of Samruddhi for every one share they held in Grasim. Grasim has taken the first step towards consolidating its cement business into one entity, creating a new holding company. Grasim plans to hive-off its cement assets, excluding its 54.78 per cent stake in UltraTech Cement, into Samruddhi Cement effective October 1, 2009. The shareholders of Grasim will get a share each of ` 5 each in the new company, aggregating to 35 per cent (or 9.17 crore shares), while Grasim will continue to control Samruddhi with a 65 per cent stake (17 crore shares).
  • 28. Later, Samruddhi will seek a separate listing, though it will be for a short-period, as consequent to approval of concerned authorities as well as shareholders of Grasim and UltraTech, the cement businesses of Samruddhi and UltraTech are planned to be merged to form India‘s largest cement company with an installed capacity of nearly 50 million tonnes per annum (mtpa). Post merger, Grasim is estimated to have a controlling stake of about 60 per cent in the larger cement entity. The move is designed to ensure Grasim‘s majority stake in, and continued support to, the rapidly growing cement business; while simultaneously, providing Grasim shareholders direct participation in the pure play cement company. Whilst Grasim‘s commitment to fund growth of cement business remains unabated, the demerger opens up new choices for financing this growth.‖ Eventually, it will also help create a platform for potential consolidation. All of which, should help maximise shareholder value in the long-run. Grasim, meanwhile, would continue to focus on its VSF business, which so far provided a large part of the cash-flows to grow the cement business. Grasim is setting up a new ` 1,000 crore project in Gujarat, which will increase its VSF capacity by 80,000 tpa. VSF, along with other businesses accounted for a third of profits of Grasim‘s standalone numbers in FY09. Post demerger, Grasim will operate the VSF and other small business and have cash and investments worth ` 1,500 crore. Analysts say, its ability to effectively utilise this cash and operating profits of over ` 700 crore annually, will have a bearing on the value accretion for its shareholders, going ahead. What needs to be watched is the merger ratio between Samruddhi and UltraTech. While the market is currently according similar valuations to the cement business of the two companies (adjusted for the different face values), in Grasim‘s case, a few believe that there could be some upside in the form of a slightly better valuation given to Samruddhi due to its larger size and ownership of a profitable white cement business. While the move is in the right direction, the concerns regarding the potential over-supply situation and soft cement prices loom large for the cement industry. In this context, many analysts believe that Grasim is fairly valued while they see gains of up to 10 per cent for UltraTech from current levels. Ultratech Cement Ltd has announced that Ultratech Cement Ltd has received a consolidation proposal from Samruddhi Cement Ltd a wholly owned subsidiary of Grasim Industries Ltd. Grasim has proposed to de merge its cement business to Samruddhi pursuant
  • 29. to a scheme of arrangement under Sections 391-394 of the Companies Act 1956, subject to necessary approvals. The board of directors of UltraTech Cement approved in-principle the merger proposal of group company Samruddhi Cement with itself. The company has appointed Bansi Mehta & Company for the valuation exercise and UBS as investment banker. The company expects the valuation report by the first week of November, and the board will meet again as soon as it receives the report. The entire process will be completed within seven to nine months. Extra care will be taken to protect the interest of Grasim investors. Clearing misgivings that Grasim would be reduced to a holding company of the cement business, Mr Birla said the re-rating of UltraTech post-merger would more than make up for the loss, if any, incurred by Grasim shareholders. While UltraTech commands an enterprise value of $110 a tonne, Ambuja Cement and ACC are rated at $147 a tonne, while it is $160 a tonne for Shree Cement. UltraTech will be re-rated substantially post-merger. Grasim will continue to invest in cement through UltraTech though the mode of investment (debt or equity) will be decided at the appropriate time. The group does not propose to add any new business to Grasim as it wants to retain its identity of a textile company.
  • 30. Facts About Company  The Aditya Birla Group is the ninth-largest cement producer in the world  Incorporated on 24 August 2000 as L&T Cement Limited  Cement business of Larsen & Toubro Limited demerged and vested in company in 2004  Grasim acquired management control in July 2004  Together with Grasim, one of the largest cement producers in India  Name changed to UltraTech Cement Limited with effect from 14 October 2004  Narmada Cement Company Limited amalgamated with UltraTech in May 2006  Cement business of Grasim demerged and vested in Samruddhi Cement Limited in May 2010  Samruddhi Cement Limited amalgamated with UltraTech Cement Limited in July 2010
  • 31. UltraTech Cement To Purchase 80% of Star Cement (Dubai) The UltraTech Cement Ltd, a subsidiary of Aditya Birla group, will purchase around an 80% stake in Dubai‘s ETA Star group-owned Star Cement Co. Llc. for an enterprise value of US$ 380 million (` 1754 crore). It is understood that the purchase will be made through UltraTech Cement Middle East Investments Ltd, a wholly owned subsidiary of UltraTech Cement. The enterprise value is the market value of the entire business, including debt. Adesh Gupta, a whole-time director and chief financial officer at Grasim Industries Ltd, which controls 60% of UltraTech Cement, said that ―It will be more than 51% (stake), it will be very high stake. It will give an exit route for the ETA (group),‖ The remaining stake in Star Cement will be held by the local partner with whom ETA had built cement plants. The acquisition is set for completion later this week. The deal will give the US$ 30 billion Birla group direct access to the West Asian market, until now served through exports, Gupta said. ―We used to export more than 3 lakh t of clinker to the UAE market. So (now), instead of exporting clinker from India we have our own plant.‖ ―UltraTech has gone there for the long-term and they will save freight costs because they no longer have to export clinker to that market,‖ said Rupesh Sankhe, an analyst at Mumbai-based brokerage Angel Broking Ltd.
  • 32. UltraTech is also planning a 15MW coal-fired power plant in West Asia at a cost of ` 5 crore per MW to manufacture cement at cheaper cost. The United Arab Emirates (UAE) cement market has a total capacity of 30-35 million t, but demand slackened after a real estate slowdown hit Dubai last year. Star Cement has an annual capacity of 3.2 million t. The Aditya Birla group has already demerged Grasim‘s cement business into a newly listed subsidiary Samruddhi Ltd, which in turn will be merged with UltraTech. Grasim currently has ` 2500 cash on its books. Adesh Gupta declined to say how the company would use the cash but said it will invest ` 1000 crore by fiscal 2013 to more than double its capacity in viscose staple fibre, which is used to make fabric and garments in Gujarat.
  • 33. CORPORATE SOCIAL RESPONSIBILITY CSR is defined as operating a business that meets all exceeds the ethical, legal, commercial and public expectations that society has of Business. Making a difference Before Corporate Social Responsibility found a place in corporate lexicon, it was already textured into company‘s group's value systems. As early as the 1940s, their founding father Shri G.D Birla espoused the trusteeship concept of management. Simply stated, this entails that the wealth that one generates and holds is to be held as in a trust for their multiple stakeholders. With regard to CSR, this means investing part of their profits beyond business, for the larger good of society. While carrying forward this philosophy, company legendary leader, Mr. Aditya Birla, weaved in the concept of 'sustainable livelihood', which transcended cheque book philanthropy. In his view, it was unwise to keep on giving endlessly. Instead, he felt that channelizing resources to ensure that people have the wherewithal to make both ends meet would be more productive. He said, "Give a hungry man fish for a day, he will eat it and the next day, he would be hungry again. Instead if you taught him how to fish, he would be able to feed himself and his family for a lifetime." Company strategy Taking these practices forward, ultratech chairman Mr. Kumar Mangalam Birla institutionalised the concept of triple bottom line accountability represented by economic success, environmental responsibility and social commitment. In a holistic way thus, the interests of all the stakeholders have been textured into company‘s group's fabric.
  • 34. The footprint of their social work today spans 2,500 villages in India, reaching out to seven million people annually. Their community work is a way of telling the people among whom they operate that they care. Projects are planned after a participatory need assessment of the communities around the plants. Each project has a one-year and a three-year rolling plan, with milestones and measurable targets. The objective is to phase out their presence over a period of time and hand over the reins of further development to the people. This also enables them to widen their reach. Along with internal performance assessment mechanisms, their projects are audited by reputed external agencies, who measure it on qualitative and quantitative parameters, helping them gauge the effectiveness and providing excellent inputs. Their partners in development are government bodies, district authorities, village panchayats and the end beneficiaries — the villagers. The Government has, in their 5-year plans, special funds earmarked for human development and they recourse to many of these. At the same time, they network and collaborate with like-minded bilateral and unilateral agencies to share ideas, draw from each other's experiences, and ensure that efforts are not duplicated. At another level, this provides a platform for advocacy. Some of the agencies they have collaborated with are UNFPA, SIFSA, CARE India, Habitat for Humanity International, Unicef and the World Bank.
  • 35. Company focus areas Ultratech rural development activities span five key areas and their single-minded goal here is to help build model villages that can stand on their own feet. Their focus areas are healthcare, education, sustainable livelihood, infrastructure and espousing social causes. Education Balwadis (pre-school) Adult education Non-formal education Continuing education Scholarships for girls, merit and technical education Health and family welfare Mobile clinics - doctors visit once a week Medical camps - general and issue-based Health training and awareness Sanitation - toilets, training, smokeless chullahs, biogas Safe drinking water Mother and child health Reproductive health Awareness building
  • 36. Sustainable development and livelihood and agriculture and watershed development Self-help groups SGSY - dairy, readymade garments, jute project, basket making, aggarbati making, bee keeping, durrie making. Check dam Irrigation Land development Soil and water conservation Pasture development Social forestry/ plantation activities/ nursery Horticulture Farmer training Infrastructure development Roads Dams Community centres Houses Culverts Electricity Health centres Water channels Schools
  • 37. For Employees  Relocation benefit: a) Reimbursement of cost incurred for movement of goods b) Travel Reimbursement c) Relocation Allowance  Children‘s Education Reimbursement  General Reimbursements  Hospitalization Insurance  Accident Insurance  Company Vehicle Leasing Scheme  Holidays & Leave Policy  Company Transportation  Leave encashment  Advance Salary  Awards and reorganization  Social events  Loans without interest  Employee Scholarship (with/without bond)  Employee Compensation  Sponsorship (Sports)  Parental Care  Discounts and Coupons For the Environment  Committed to sustainable development, to meeting the needs of the present without in any way jeopardizing the welfare of future generations.  Business strategies consciously factor environment conservation as a major principle.  Plants are ISO14001 Environment Management Systems Certified and adhere to OHSAS 18001 standards.
  • 38. Awards In the Field of CSR 2010  Mrs. Rajashree Birla, Chairperson, Aditya Birla Centre for Community Initiatives and Rural Development, was awarded the Global Golden Peacock Life Time Achievement Award for Community Development for the year 2010 for "Outstanding Contribution Towards Community Development and Social Welfare".  Hindalco and Birla White declared winners in the Golden Peacock Awards for Corporate Social Responsibility 2010 by an eminent international jury, headed by Justice P.M. Bhagwati, the erstwhile Chief Justice of India.  The Aditya Birla Centre for Community Initiatives and Rural Development teamed up with Columbia University's research centre, the Columbia Global Centers' Earth Institute in Mumbai, to become its principal partner. The Earth Institute's goal is to help achieve sustainable development primarily by expanding people's understanding of the earth as one integrated system.  Hindalco wins Amity International Business School‘s, ‗Amity Corporate Excellence Award for Corporate Social Responsibility‘ 2009  Grasim's pulp and fibre division won the highly prestigious Asian CSR Award. The Asian CSR Awards, Asia's Premier CSR Awards program, is a project of the Asian Institute of Management, Manila.  Rajiv Gandhi Award for Eminence in Social Field, 2009 was conferred on Mrs. Rajashree Birla by Mr. Jyotiraditya Scindia (Union Minister of State, Commerce & Industry) on 19 August 2009. The award recognises Mrs. Birla's pathbreaking work among the poor, more so in India's villages, carried out through the Aditya Birla Centre for Community Initiatives and Rural Development.  Vikram Cement and Aditya Cement won the Federation of Indian Mineral and Industries' "Social Awareness Award for the year 2008-09".
  • 39.  In recognition of work that truly exemplifies the highest values of society and corporate leadership for social responsibility and sustainable development initiatives, the Reader's Digest Pegasus Star Award was conferred on Hindalco. Mrs. Rajashree Birla who spearheads all the Group's social projects received this much coveted award on behalf of Hindalco from Mr. Arun Jaitley, MP, Rajya Sabha, on 21 January 2009 in Delhi. 2008  The President of India, Mrs. Pratibha Patil conferred the much coveted Rotary International Polio Eradication Champion Award on Mrs. Rajashree Birla in an elegant function at the Rashtrapati Bhavan (Delhi), attended by the Chairman, select Rotarians and WHO officials 2007  The Aditya Birla Group was honoured with the India Today Group's Readers Digest Gold award in recognition of the work that truly exemplifies the highest values of society as well as those of Reader's Digest. The award was received by Mrs. Rajashree Birla, Chairperson, Aditya Birla Center for Community Initiatives and Rural Development, at the Pegasus Corporate Social Responsibility Awards 2007 function.  Hindalco was awarded the CII - Sorabji Green Business Centre "National Award for Excellence in Water Management 2007". 2006  Hindalco awarded the Greentech Safety Silver Award for its outstanding safety performance during 2005-06. 2004  Grasim, Nagda, received the FICCI Annual Award 2003-2004 in recognition of corporate initiaitve in rural development  Aditya Birla Chemicals (India) Limited, Rehla, Jharkhand, received the FICCI Annual Award 2003-2004 in recognition of corporate initiative in family welfare.
  • 40.  Indal won FICCI Award 2002-2003 for 'Corporate Initiative in Rural Development' 2003  The Group is ranked 16th in India's first ever survey of 'Great places to work in', published in Business World magazine. The Group's joint venture concern, Birla Sun Life Insurance, is ranked 9th in the same study  The Group is ranked 20th in a study on the 'Best Employers in India', conducted by Hewitt Associates and Business Today. 2002  The Group received The Economic Times' "Corporate Citizen" of the year award.
  • 41. SWOT ANALYSIS SWOT analysis is a strategic planning method used to evaluate the Strength, Weaknesses, Opportunity, and Threats involved in a business venture. It involves specifically the objective of the business venture and identifying the internal and external factors that are favourable and unfavourable to achive that objective.  Strengths:- characteristics of the business or team that give it an advantage over others in the industry.  Weaknesses:- are characteristics that place the firm at a disadvantage relative to others.  Opportunities:- external chances to make greater sales or profits in the environment.  Threats:- external elements in the environment that could cause trouble for the business. Identification of SWOTs are essential because subsequent steps in the process of planning for achievement of the selected objective may be derived from the SWOTs. The aim of any SWOT analysis is to identify the key internal and external factors that are important to achieving the objective. These come from within the company's unique value chain. SWOT analysis groups key pieces of information into two main categories:  Internal factors – The strengths and weaknesses internal to the organization.  External factors – The opportunities and threats presented by the external environment to the organization.
  • 42. SWOT ANALYSIS OF ULTRATECH CEMENT Strength UltraTech Cement Limited (UltraTech) is India-based one of the largest cement manufacturing company. The company along with its subsidiaries is engaged in the business of manufacturing, marketing, distribution and sales of the cement and cement related products. UltraTech’s other cement related products are ready mix concrete and cement clinker. The product portfolio of the company comprises Portland cement, Portland blast furnace slag cement and Portland Pozzolana cement. The company also exports cement and clinker to countries around the Indian Ocean, Africa, Europe, and the Middle East. The company has an annual cement production capacity of 18.2 million tones. It is a subsidiary of Grasim Industries Ltd. The company operates two subsidiary companies namely, Dakshin Cement Limited and UltraTech Ceylinco (P) Limited. The company is headquarter at Mumbai in India.The company reported revenues of (Rupee) INR 66,643.30 million during the fiscal year ended March 2009, an increase of 16.43% over 2008. The operating profit of the company was INR 13,678.20 million during the fiscal year 2009, a decrease of 9.73% from 2008. The net profit of the company was INR 9,780.60 million during the fiscal year 2009, a decrease of 3.17% from 2008. Strengths of UltraTech are as follows-  Better quality  Long relationship with customer.  Maintains a world class infrastructure.  Market share.  Large distribution network.  Proper research and development.  Strong financial backing
  • 43. Weakness Everyone looks up to a visionary leader to understand the possibilities tomorrow holds. And you have a greater responsibility to bear when you are India‘s largest cement company. In the present day context, UltraTech is playing an important role in the infrastructural development of the country. No wonder, UltraTech‘s every creation is a window to tomorrow. And an effective communication was needed to reflect the same.It was quite a daunting task for Interface Communications, the advertising agency for UltraTech, to get the right mix of emotions and technological superiority that appeal to everyone right across IHBs to architects and large commercial establishments. The weaknesses of UltraTech are as follows-  Delay in supply.  Inconsistency of Supply.  Insufficient manpower Opportunity When you view India through a prism, its multi-faceted refractions are awesome, unique and partly distressing. A multiethnic, multi-religious, multilingual, multi-cultural diverse democracy, rich in its distinctive heritage — India is, indeed, captivating. Our democracy resonates throughout the world. Moreover, the way in which India has transformed itself from a colonial, agri-based backwater economy into an independent, modern, knowledge-driven one is the stuff of case studies at the best-in-class business schools the world over. While the youth leader must appreciate these facets, he or she must have a thorough understanding of the different strands that go into the weave of India. The partition in the aftermath of our freedom struggle has left a scar, as has the divide in the name of God. India is a country of extreme paradoxes. We are reckoned as a nation of tremendous opportunities and, yet, it is a reality that India is a place of perpetual struggle. We have large tracts of our country that have yet to witness any economic advancement.
  • 44. Company should-  Develop new marketing areas.  Sign more MOUs with government regarding supply of cement for Government work.  Maintain the position of competition in the market. Threats Just a few years ago, the Aditya Birla Group bought over the cement business of L&T for around ` 2,200 crore. L&T allowed its name to be used for about a year. O.P. Puranmalka, Group Executive President, Grasim Industries, and Chief Marketing Officer, observes that in a very short time the company had to establish a new brand name in the minds of the people and use the L&T mind space. The task was Herculean. Explaining the strategy behind the new brand name, Mr. Puranmalka said: "We wanted to capture the gene code of L&T in the new brand name. So we commissioned research on customer perception about the L&T Cement brand. Of course, we were very sure in our minds that L&T Cement epitomised engineering prowess, technology quality and modernity." In step with its global agenda, the cement business of the Aditya Birla Group, is orchestrating a contemporary brand makeover. With UltraTech Cement, the Aditya Birla Group has established itself as not only the most respected domestic player but also among the global leaders in cement. UltraTech has strong competitors like ACC, LAFARGE, AMBUJA Etc., although the Brand Equity of ULTRATECH CEMENT is AT PAR with ACC and LAFAGE, to maintain the same continuous follow-up in all respect is necessary. The Ultratech cement has to adopt necessary strategies to compete with strong competitiors in order to retain its market position and the goodwill in the market.
  • 45. SUGGESTION On the basis of above study carried out by me,the following suggestions are submitte:-  To increase the sales of Ultratech Cement in such area there is a need of time to time demo program, seminars & meetings.  There is a need of more promotional activities specially in sub dealer and outside Bhagalpur area.  Time to time offers should be provided to the customer from our Ultratech company.  Need to available all the construction parts, material and tools our distributor office.  Ultratech Company should be change the colour of PSC bags.  The company must improve its supply so as the demand for the cement can easily be met.  It must target the rural markets as they are providing a good marketing opportunity these days.
  • 46. BIBLIOGRAPHY  http://www.ultratechcement.com  http://in.reuters.com/  http://bilumi.org/Main/?gclid=CIub5da1z6QCFVJB6woddHPrEA  http://www.adityabirla.com/social_projects/overview.htm  http://www.google.co.in/url?sa=t&source=web&cd=10&ved=0CD4QFjAJ&url=http %3A%2F%2Fwww.tejwebworld.com%2Fultratech-cement-merger-with-grasim- cement- arm%2F&rct=j&q=subsidiary%20of%20ultratech%20cement&ei=4Oq1TIUfyqVwkI _s6gg&usg=AFQjCNE6036915loMbkHBFho7b3plsE13Q&sig2=3STan-PQcNAK- u1etgqsIg