SUMMER INTERNSHIP PROJECT REPORT

ON

----------------------------------------------------------------
A Report Submitted to
Noida Institute of Engineering and Technology (Greater Noida)
as partial fulfilment of Full Time
Post Graduate Diploma in Management (PGDM)
(Approved by AICTE, Ministry of HRD)
Academic Session (2021-2023)

Under the Guidance of: Submitted By:

Noida Institute of Engineering &

Technology Greater Noida
Knowledge Park - 2
 TO WHOMSOEVER IT MAY CONCERN

This is to certify that a student of Post Graduate Diploma in

Management from Noida Institute of Engineering & Technology (Batch
2021-2023), Roll No: has undergone his internship on the topic
under my guidance and supervision from .

Signature of Internship Guide

Internship Guide Name:

Designation:
Company:
 CERTIFICATE

This is to certify that Mr./Ms. Roll No: is a

student of Noida Institute of Engineering & Technology and has done his/her
internship titled “ ”
at from .

The work embodied in the report is original and is of the standard expected of a
Post Graduate Diploma in Management (PGDM) student and has not been
submitted in part or full, to this or any other Institution, for the award of any
Degree or Diploma. He/she has completed all requirements for Internship and
the report work is fit for evaluation.

Signature of Head of Institution:

Dr Atul Sharma
Director
 DECLARATION

I, ………………, hereby declare that the Internship work title

“………………………………………” completed & submitted in partial
fulfillment of the award of the degree of “Post-graduate Diploma in
Management” by Noida Institute of Engineering & Technology and the work
was carried out with the help and under guidance of “----------------” and staff of
the “ -------------------------------”.

I further declare this Internship report has not formed the basis for the award of
any other Degree/Diploma of any other University/Institution.

Date:

Name:

Roll No:
Batch: PGDM (2021-2023)
 ACKNOWLEDGEMENT

The internship opportunity I had with ------------------------ was a great chance

for learning and professional development. Therefore, I consider myself as a
very lucky individual as I was provided with an opportunity to be a part of it. I
am also grateful for having a chance to meet so many wonderful people and
professionals who led me though this internship period.

I am using this opportunity to express my deepest gratitude and special thanks

to “---------------------” “Business Development Executive”
[-------------------------] who in spite of being extraordinarily busy with “her/his”
duties, took time out to hear, guide and keep me on the correct path and
allowing me to carry out my internship at their esteemed organization.

It is my radiant sentiment to place on record my best regards, deepest sense of

gratitude to Dr. Atul Sharma [Director], Noida Institute of Engineering &
Technology for his careful and precious guidance which were extremely
valuable for my study both theoretically and practically.

I further want to thanks Sunstone, who helped me to better

understand concepts of professionalism and become a better person and
employee in my life. I sincerely want to thank for being our
program coordinator and helping me at every stage of my internship and studies.
I would also like to thank my parents and friends who helped me a lot during
my life and this internship period. I perceive this opportunity as a big milestone
in my career development. I will strive to use gained skills and knowledge in the
best possible way, and I will continue to work on their improvement, in order to
attain desired career objectives. Hope to continue cooperation with all of you in
the future.

Sincerely,

Name of the Student:

 EXECUTIVE SUMMARY

SRB Group is a global engineering with a strong commitment to enhance its

customers profitability and productivity in the most sustainable manner. The

core values that undermine the conduct of business of the group are integrity,

excellence and responsibility. SRB Group works to grow by introducing and

marketing unrivalled products and services for its clients in Russia, CIS and

Indian sub-continent. The group provides breakthrough solutions because of its

experienced and rich manpower base in all its three divisions: Mining,

Metallurgy, EPC, IT Division, Energy & Power, Oil & Gas and Construction

and Agri machineries. “

At SRB, we partner with bold organizations to deliver products and services that

break through the noise. We help our clients rethink their business through a

customer experience mindset. We help them navigate the ever-changing

business landscape and align their organization around what truly matters to

customers. Our management expertise, disciplined approach, sophisticated risk

models and responsive client service have earned us a reputation for excellence

throughout our industry. We are driven by most efficient team of highly

experienced professionals & former chairmen and directors of Public Sector

Industries of Government of India.

SRB has storage yards, logistics centers, workshops equipped with necessary

tools and mechanisms, secures high quality and quick service & team of service

engineers with a wide experience- equipped with all necessary tools, service

machines, specialized devices for repair works and diagnostics, a network of

warehouses & regional offices all around India which helps us to fulfill

customers need without delay. Through an agile and collaborative approach, we

craft all pieces of the experience and help our clients orchestrate the complete

customer journey.
 Table of Content

S.no Content Page No

A Certificate
B Declaration
C Acknowledgement
D Executive Summary
1 Introduction
2 Learning Objectives of the Internship
3 About Company
4 Literature Review
5 Observation
 Introduction

MINING INDUSTRY

Minerals constitute the back-bone of economic growth of any nation and India

has been eminently endowed with this gift of nature. There are many evidences

that exploitation of minerals like coal, iron-ore, copper, lead-zinc has been going

on in the country from time immemorial.  However, the first recorded history of

mining in India dates back to 1774 when an English Company was granted

permission by the East India Company for mining coal in Raniganj.

 The Mining industry in India is one of the core industries of the economy.
It provides basic raw materials to many important industries.

 India is the world’s second-largest coal producer and the 5th largest

country in terms of coal deposits. 

 India Targets 1.2 bn Ton Coal Production By 2023-24.

 India has become the world’s second largest producer as well as consumer
of steel. During the financial year 2020-21, the total finished steel
consumption in the country was 96.2 mn Tonnes and is expected to reach
about 160 mn Tonnes (MT) by 2024-25 and about 250 MT by 2030-31.

 India is home to 1,531 operating mines and produces 95 minerals, which

includes 4 fuels, 10 metallic, 23 non-metallic, 3 atomic and 55 minor
minerals (including building and other materials).

 Based on the geological mapping of the country, an area of 571,000 sq.

km, out of a total of 3.1 mn sq. km. has been demarcated as an Obvious
Geological Potential (OGP) area, where the geological potential for the
occurrence of mineral deposits is higher.
 India has rich deposits of coal in the world. The total estimated reserves
of coal in 2020 were 344.02 bn tonnes, an addition of 17.53 bn tonnes
over 2019 in the corresponding period. 

 Metals sector engages 11.49 lakhs of people consisting of 7.06 % of the

total employment share.
 Mining Equipment
DRAGLINE
Walking draglines are used in mining industry for open-cut mining (coal, shale,

ferrous and non-ferrous metal ores, gold, raw materials for chemical industry,

refractory materials, etc.

Purpose: overburden operations with rock dumping to waste area or onto pit edge.

The draglines are capable of transferring rock for large distances. For mining hard

rock, complete or partial blast loosening is required.

Easy erection, maintenance and repair, reliability, increased availability of

mechanisms, high maneuverability, good cross-country ability, wide technological

capabilities guarantee high operating efficiency of the machine.

Draglines reliably operate in the temperature range from -50 to +40°C.

We offer draglines of 13 standard sizes with bucket capacity from 11 to 100m³ and

boom length from 75 to 130m, incl. 6 design versions with reduced unit ground

pressure.

ELECTRIC ROPE SHOVEL

Crawler-mounted open-mine excavators are intended for mining, transferring ore

and dumping open-cast rock to transport vehicles, as well as for refuse disposal and

ore handling operations in storages and in continuous flow production cycles.

Depending on hardness category of developed rock, the development can be carried

out either without pre-loosening or with blast pre-loosening.

Different excavator modifications exist for different climatic conditions. All

excavator mechanisms are complete technological units, this allows modular

excavator repair. The design concept of open-mine excavators is based on double-

girder dipper stick and rack crowd.

Crusher

We can supply a wide range of primary and secondary crushers with feed opening

size between 500- and 1500-mm. Secondary crushers are used after primary crushers

in four-stage crushing operation schemes. Their high material reduction ratio enables

a more efficient use of intermediate and tertiary crushers. The profile and basic

dimensions of the crushing chamber determine the standard sizes of primary (KKD)

and secondary (KRD) crushers.

Drilling
We are into sales & after sales service support of Drilling Equipment & accessories

for mining (152MM to 349MM Diameter- DTH or Rotary Drilling), construction

(102MM to 171MM Diameter- DTH or Rotary Drilling) and water well (115MM

Diameter; Depth up to 1500 Meter) for exploration (152MM to 311MM Diameter-

DTH or Rotary Drill) & drilling applications in Russia & CIS countries.
 Gear & Gear Box

We are associated with one of the world’s leading manufacturers of industrial gears

and custom gear drives. With their combined 350,000 square feet of manufacturing,

repair, assembly and heat treat space, we can supply new gear components and

gearboxes, and provide teardown analyses, engineering upgrades, repairs, and offer

customers increased service factors that can expand equipment lifecycle. From newly

designed and built gear drives to worldwide field service, we are the best source for

all your gearing needs in India. With the latest technology and equipment to maintain

the reputation of manufacturing quality components to exact specifications. With

more than 280,000 sq. ft. of manufacturing space, we can supply custom industrial

gears and gear drives in either small job shop or high production quantities.

Products Custom Designed or Manufactured to Customer Specifications:

 Enclosed Gear Drives

 Gears

 Replacement or Spare Parts

 Contract machining services

Reason to invest

 Coal Ministry Aims to Enhance Coal Production to 1. 23 Bn Ton by 2024-

25.

 Coal production from captive mines is expected to touch 140 mn ton in

2022

 India has large reserves of Iron ore, Bauxite, Chromium, Manganese ore,
Baryte, Rare earth and Mineral salts.

 India has vast mineral potential with mining leases granted for the longer
and stable tenure of 50 years.

 Consumption of steel has increased in the rural India from 19 Kg in 2019-

20 to 21.5 kg per capita for the year 2020-21. GOI aims to increase the
awareness and consumption of steel in rural areas. 

 The vision of National Steel Policy 2017 is to increase steel production

capacity in India to 300 mn tonnes by 2030-31, per capita steel
consumption to 160 KG, reduce greenhouse gas emissions, many targets
have been set.

 GOI has set a target outlay of more than 111 lakh crores in National
Infrastructure Pipeline (NIP) by 2024-25, which will increase the demand
for steel as well as reduce the cost of production of steel. The slurry
pipeline will have an outlay of more than 25,000 crores. The process
involved in installation of slurry pipeline has been simplified.

 First Mile Connectivity (FMC) is a major initiative by coal companies to

minimise environmental pollution, where coal is being transported
through conveyor belt from Coal Handling Plants to Silo for loading. The
process eliminates movement of coal through road. 39 such projects have
 been planned to be commissioned by 2023-24 with an investment of over
INR 13000 crores.

 CIL is constructing 21 additional railway sidings at an estimated

investment of INR 3,370 crores across four of its subsidiaries which
include both greenfield and brownfield ones to be commissioned by
FY24. CIL aims to move about 555 MT of coal per year through
mechanized means by FY24.

 GOI aims to achieve a target of 300 Mn Tonnes of Steel capacity by the

year 2030.

 Government has launched Coking Coal Mission to meet the demand of

domestic coking coal as projected by the Ministry of Steel and has set
target of 140 Mn for raw coking Coal production by 2030.

 Government has launched coal gasification mission with a target to gasify

100 MT by 2030. Under this mission, Surface Coal/Lignite Gasification
projects are being constructed.
 Learning Objective of the Internship

International Export Marketing

Export marketing is used when a company wants to export or is exporting

product/services to a foreign country. Hereby s company markets the product/services

in international locations.

1. An ability to identify, formulate, and solve complex engineering problems by

applying principles of engineering, science, and mathematics
2.  An ability to apply engineering design to produce solutions that meet specified
needs with consideration of public health, safety, and welfare, as well as global,
cultural, social, environmental, and economic factors
3.  An ability to communicate effectively with a range of audiences
4.  An ability to recognize ethical and professional responsibilities in engineering
situations and make informed judgments, which must consider the impact of
engineering solutions in global, economic, environmental, and societal contexts
5.  An ability to function effectively on a team whose members together provide
leadership, create a collaborative and inclusive environment, establish goals,
plan tasks, and meet objectives
6.  An ability to develop and conduct appropriate experimentation, analyse and
interpret data, and use engineering judgment to draw conclusions
7.  An ability to acquire and apply new knowledge as needed, using appropriate
learning strategies

About Company
SRB International Private Limited is an unlisted private company incorporated on 10

January, 2011. It is classified as a private limited company and is located in East

Delhi, Delhi. Its authorized share capital is INR 50.00 lac and the total paid-up capital

is INR 50.00 lac.

SRB International Private Limited's operating revenues range is INR 1cr -

100cr for the financial year ending on 31 March, 2020. It's EBITDA has increased

by 29.83 % over the previous year. At the same time, it's book net worth has

increased by 12.94 %.

Description: The company provides engineering services. It offers specializes in

designing, planning, and constructing mines, power plants, oil and etc.

Products & Services: Designing, planning, and constructing mines, power plants, oil

and gas industries, aviation, and water treatment facilities.

Category: Service Provider

The current status of SRB International Private Limited is - Active.

The last reported AGM (Annual General Meeting) of SRB International Private

Limited, per our records, was held on 31 October, 2021. Also, as per our records, its

last balance sheet was prepared for the period ending on 31 March, 2021.

SRB International Private Limited has two directors - Bharat Gandhi and Puja

Gandhi.

The Corporate Identification Number (CIN) of SRB International Private Limited is

U51909DL2011PTC212426. The registered office of SRB International Private

Limited is at 3LSC, Plot No.3,2nd Floor, Near Ahlcon Public School 17CGHS, DDA

Market, Mayur Vihar Phase-1, Delhi, East Delhi, Delhi.

SRB Group is one of India’s leading business group whose growth has gone from

strength to strength and the company has fast established itself as an honest, hard-

working and result-orientated company. Founded two decades before, SRB has grown

to become a global integrated engineering and technology solution provider having its

presence in India, Russia, CIS & Eastern Europe Countries with businesses in key

industries – Mining, Metallurgy, Railway, Power, Oil & Gas and EPC & Heavy

Engineering. The integrated model is well adapted to the challenges of the emerging

economies. At SRB, we partner with bold organizations to deliver products and

services that break through the noise. We help our clients rethink their business

through a customer experience mindset. We help them navigate the ever-changing

business landscape and align their organization around what truly matters to

customers. Our management expertise, disciplined approach, sophisticated risk

models and responsive client service have earned us a reputation for excellence

throughout our industry. We are driven by most efficient team of highly experienced

professionals & former chairmen and directors of Public Sector Industries of

Government of India. SRB has storage yards, logistics canter’s, workshops equipped

with necessary tools and mechanisms, secures high quality and quick service & team

of service engineers with a wide experience- equipped with all necessary tools,

service machines, specialized devices for repair works and diagnostics, a network of

warehouses & regional offices all around India which helps us to fulfil customers
need without delay. Through an agile and collaborative approach, we craft all pieces

of the experience and help our clients orchestrate the complete customer journey.

LITERATURE REVIEW

The discussion in recent years about the sustainability of the mining industry has

emphasized its commitment to social responsibility as an emerging topic. In this

context, this article aims to develop a mapping of the literature on social

responsibility in the mining industry. In accordance, a systematic literature

review approach was adopted and, grounded on a rigorous screening processes, 72

significant papers were selected for analysis from the ISI Web of Knowledge

database. The paper provides a bibliometric analysis regarding this specific field and,

based on a content analysis approach, highlights a growing interest by the academic

community and identifies two key research streams: i) Relationships with local

communities, and ii) CSR reporting. Cluster 1 shows that relationships with

stakeholders are important to mining companies in obtaining relevant social

performance, and in acquiring local legitimacy from surrounding communities;

cluster 2 highlights the importance of the elaboration, dissemination and quality of

social reports, particularly concerning credibility. The review also points to

shortcomings identified in literature, which correspond to potential significant

opportunities for future research, either quantitative, qualitative, action research or

mixed in nature.

Introduction

In recent decades, faced with the phenomenon of globalization, a profound change

has been seen in the business environment and in the traditional way to do business,

and society's attitude in general has also undergone significant changes. In this

connection, there has been wide discussion of whether firms, particularly

multinationals, make their profits while neglecting environmental and social

questions (Edwards et al., 2007). There is consensus in the literature that the
responsibility and functions of firms/multinationals should be adjusted to this new

climate.

Therefore, at the centre of this debate is the concept of sustainable development,

which for Bansal (2005) is development that satisfies the needs of the present without

jeopardizing future generations’ capacity to satisfy their needs too. Here, three basic

principles were defined (Bansal, 2005): environmental integrity (related to not

harming the natural environment); social equality/fairness (equal access to resources

and opportunities) and economic prosperity (the productive capacity of organizations

to provide individuals with a reasonable quality of life). Further, these three principles

are translated, in practical terms, to another fundamental concept, corporate social

responsibility. Among the countless definitions of social responsibility, the definition

of Porter and Kramer (2002) was adopted, for whom this is a positive relationship

between the environment and business opportunities, as well as the geographical and

social context in which that business takes place. The justification for adopting this

definition has to do with it being associated with other dimensions, specifically

respect for ethical principles, codes of conduct, well-being and quality of life (social

questions) and relationships with all stakeholders in implementing and disseminating

good practices of social responsibility. However, these practices differ from one

country to another, where institutional and cultural issues can be factors influencing

how those practices are implemented and spread, and how relationships with

stakeholders are managed. The differentiation of these practices is reflected in the

literature, where empirical studies focus on just one region.

Arthaud-Day (2005) concluded that multinationals’ growing interest in social, and

also environmental, questions is associated with their great public exposure, and so

the social impact implied by their operations has led them to focus more and more on

social responsibility. Here, the mining industry is one sector with major public

exposure, due to the social and environmental impacts brought about by exploiting

mineral resources. This industry is considered strategic worldwide, and no less

importantly, crucial to support many families living in the surrounding

communities/regions, playing a significant role in regional and global economic

growth.

Mining is important for the economy and employment, and has social and

environmental repercussions globally and locally. This activity has specific

characteristics related to its transitory nature, due to exhausting mineral resources and

reserves and the strong environmental and social impact. The effects of that

exploitation are seen as a threat to the natural environment and society in general.

Faced with these impacts, mining company directors come under pressure to include

measures of social responsibility in their management strategies, and to adopt a high

degree of social responsibility in the countries they operate in, particularly in relation

to the surrounding communities. In this context, the main challenge for this industry

is to demonstrate it contributes to the well-being of the present generation and future

generations, without harming the quality of life of any of them (Vintró et al., 2014).

We can therefore expect the regular issue of reports on social responsibility and the
formation of dynamic relationships with surrounding communities, among other

stakeholders.

Nevertheless, although social responsibility is crucial for the extraction industry, little

research has been carried out in the mining sector, where most concerns are held by

multinationals, and where, despite the importance of this variable, literature on the

subject is somewhat scarce (Turker, 2009); indeed, driven by leading authors such as

Boiral (e.g. Boiral and Heras-Saizarbitoria, 2017, Boiral, 2016) and Kemp (e.g. Owen

and Kemp, 2012; Kemp, 2010) approaching sensitive issues as stakeholders’

involvement, reporting, sustainability performance, and company-community

relations, among others, research in the field remains rather scattered with studies

related to a specific geographical context, which justified the topicality of this article

and its subject matter. It is therefore important to compile that literature

systematically. In this context, this article aims to identify the most studied themes in

the academic community regarding social responsibility in the mining industry,

through a bibliometric review.

 OBSERVATION

The mining industry is involved in the extraction of precious minerals and other

geological materials. The extracted materials are transformed into a mineralized form

that serves an economic benefit to the prospector or miner. Typical activities in the

mining industry include metals production, metals investing, and metals trading.

Earth Systems occasionally receive inquiries about mining activities (the extraction of

natural resources from the earth). These calls are frequently about environmental

impacts of mining, residual ecological effects of abandoned mines, or

geotechnical/geological aspects of mining.

 
General Mining Act of 1872

The current controversies regarding the General Mining Act of 1872, which is still the

controlling law concerning mining activities, bring into focus the conflicts between

mining and our rapidly increasing population. For the most part, it seems the majority

of the news we hear about mining is negative. However, it is important to remember

how important mining is to our civilization and standard of living. It’s interesting to

reflect on how we reached our current perception of mining because, during most of

our history, mining has had priority over most other activities.

Homo Sapiens and Tools

The first mining efforts involved searching for the stones most appropriate for making

tools. Primary stone tools are approximately 2.6 million years old, predating even

Homo Sapiens. Hence, this time tracks the use of rocks as throwing weapons around

1.9 million years ago, following soon after by digging for the best cutting stones and

stone tools.

As Homos Sapiens developed and the population grew, communities began to replace

the nomadic lifestyle. Early tribes located around primary resources of food, water,

and shelter were readily available. Soon after, the location of other natural resources

began to have an impact on human settlement. Mined materials were probably among

the first materials traded. Some tribes may have had regular access to chert or

obsidian, highly valued for their sharp edges. Others may have had access to the best
clay for making pots, bowls, or other utensils. Early trading required that humans

develop more enhanced communication skills and could be considered the basis of

civilization.

History of Minning Ancient Tools and Basket

The earliest known mine for a specific mineral is coal from southern Africa,

appearing worked 40,000 to 20,000 years ago. But, mining did not become a

significant industry until more advanced civilizations developed 10,000 to 7,000

years ago. In early times, the only metals available were those found in a metallic

state in nature. The most abundant was copper. But, gold, silver, and mercury were

also found and prized. The application of fire to mined materials became a

technological breakthrough and proved to be one of the critical advancements of

civilization. In fact, excavated elements transformed themselves by the application of

heat. As a result, pottery hardened to last more than a season. Especially relevant,

metals could be melted and formed into objects.

Smelting

The advancement of pottery technology in conjunction with experimentation and

observation of the results of firing on different materials led to the development of

smelting  (the extraction of metals from ore). The Egyptians and Sumerians smelted

gold and silver from ore 6,000 years ago. As a result, these metals began to have a

value that was transferable between people and between cultures.

Approximately 5,500 years ago in this history of mining, came the discovery of tin.

Tin, mixed with copper, made bronze, the first alloy harder than its constituent

metals. Metalworking advanced over the next few thousand years, as did the use of

other mined materials:

 Asphalt was exported from the Dead Sea area to Egypt around 4,500 years ago.

Was that the first oil trade?

 Cobalt was used to color glass;

 Egyptian ships imported gold from southern Africa; and,

 In Sumeria, metal coins begin to replace barley as legal tender.

It is interesting to note; this is about the time of Hammurabi’s Code, the earliest

Egyptian mummies, 2,000 before Christ, and the sprouting of the oldest bristlecone

pine (still growing in the remote mountains of eastern California).

Developing Civilizations around Mining

With the development of the Mediterranean civilization, mining became one of the

most critical industries in the world. Athens grew wealthy, due to the extractions from

silver mines (Laurion Mines). Athens then fell when Sparta wrested away control of

the silver mines. People mined through systems of shafts and galleries supported by

stone columns as timber became scarce in the area. Additionally, it was the death

penalty for extracting ore from one of the stone columns. The Romans expanded, in

part, in pursuit of mines. The growth of civilization required more and more money to
finance its operations. It needed metal to create military equipment. And, the

requirement of infrastructure compelled the function of the government.

During the rise of Europe, governments gave miners extensive rights to take land and

profit from the minerals they found there. Nevertheless, the governments always

required a portion of the revenue from mining as payments for granting the mining

rights. As a result, the realization endured that countries could not develop without

the exploitation of natural resources. Civilization progressed requiring an increasing

amount of mined material to manufacture the necessities of everyday life and fund the

economies of nations.

The influx of this mineral wealth from the New World financed the Renaissance.

Eventually, the creation and expansion of countries in the New World, along with the

development of the Industrial Age, resulted in the generation of the mining industry

we have today.

Mining Today

The General Mining Act of 1872 intended to and succeeded at, establishing and

maintaining our present level of civilization. In fact, if humans had not put the

structure in place to provide the incentive to prospectors and miners, our lives would

probably be entirely different. It was our industrial might (based on mined resources)

that helped win several wars. It built railroads and highways, bridges, and cities.
Mined resources will take us to the future. The growth of electronics has only

increased the need for copper, the first metal used by humans. The construction

of green energy resources (wind, solar, geothermal) requires extensive mined

resources to provide lightweight aluminium and the special alloys necessary for new

applications.

Ultimately, changes in the Mining Act of 1872 are necessary to make mining more

compatible with our expanding population. But, we should not forget or

underestimate the importance and lessons in the history of mining to the modern life

we relish.