EXECUTIVE SUMMARY

EXECUTIVE SUMMARY
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The topic has been selected by keeping in view the fast-changing business environment ,need
of the hour to carry out the business effectively and importance of human resources in every
organization. Every organization is established with a definite objective to achieve ,its
objective every organization is using different resources ,manpower is the most critical,
important and liveresource for all organization.
This project consist of the overall study on a study on recruitment and selection at Solar
Explosives India Ltd. in which it consist the objectives of the study which help in
understanding recruitment and selection process in the company Recruitment and selection
process has focused on enabling employees to collaborate on typical managerial tasks.
This report provides an understanding of the subject of recruitment and selection process. In
this report we have explore the context of hiring the employees in the organization the first
part of the project include the introduction of what is human resource then the what is
recruitment and selection process and company profile in which employers they can achieve
their tasks much faster.
A research methodology is a framework or blueprint for conducting a research project. The
research methodology used for this project is a descriptive research design as it is used in
describing facts and characteristics of a sample population under observation.
The main aim of this study is to know about recruitment and selection of Solar Explosives
India Ltd. and to study satisfaction level of employee regarding this. This data for the study is
collected through random sampling method from 30 employees of Solar Explosives India
Ltd. Nagpur. The major finding of the study are the that most of the employees are satisfied
with selection process. The company must think of improving its selection and recruitment
procedure for effective outputs.

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INTRODUCTION

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Human resources policies are the formal rules and guidelines that business put in place to
hire, train assess , and reward the members of their workforce. These policies when organized
and disseminated in an easily used form can serve to preempt many misunderstandings
between employees about their rights and obligations in the business place. It is tempting ,as
a new small business owner, to focus on the concerns of the business at hand, and put off the
task of writing up a human resource policy. All business analysts and employment lawyers
will advise a new business owner to get a policy down on paper, even if it is simple one
drafted from a boilerplate model. Having policies written is important so that it is clear to all
what the policies are and that they are applied to consistently and fairly across the
organization. Moreover when issues concerning employee rights and company policies come
before federal and state courts, it is standard practice to assume the company’s human
resource policies. Whether written or verbal, are part of an employment contract between the
employee and the company. Without clearly written policies , the company is at a
disadvantage .

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Definition of HRM

“HRM is concerned with the most effective use of people to achieve organizational and
Individual goals.”
Invancevich and Glueek

“HRM encompasses those activities that are designed to provide for and coordinate the
human resource of the organization.”
Byars and Rue

“HRM is the Planning, Organizing, Directing and Controlling of the procurement,

Development, compensation, integration, maintenance and supervision of human resource to
the end. That Individual Organization and Social Objectives are Accomplished.”
Flippo

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Importance of HRM
We have discussed the basic concept of HRM and the ways in which it helps the organization
meet its goal. It this project, we discussed the reasons for organizations to have a HRM
strategy imperative for organizational success.
It helps to thrive in the chaotic and turbulent business environment, firms need to constantly
innovate and to be “ahead of the curve” in terms of business practices and Strategies. It is
from this motivation to be at the top of the pack that HRM becomes a valuable tool for
management to ensure success.

Importance of HRM for Organizational Success

The practices of HRM must be viewed through the prism of overall strategic goals for the
organization instead of a standalone tint that takes a unit based or a micro approach . The idea
here is to adopt a holistic perspective towards HRM, that ensures that there are no piecemeal
strategies and the HRM policy enmeshes itself fully with those of the organizational goals.
For instance, if the training needs of the employees are simply met with perfunctory trainings
on omnibus topics, the firm stands to lose of direction. Hence, the Organization that takes its
HRM policies seriously will ensure that training is based on focused and topical methods.

 Recruitment: It aims at attracting that match a certain job criteria.

 Selection: The hint level of filtration. Aims at short listing candidates who are the
nearest.
 Match in terms qualification, expertise and potential for a certain job.
 Hiring: Deciding upon the final candidate who gets the job.
 Training and Development: Those processes that work on an employee onboard for
his skills and abilities up gradation.

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COMPANY PROFILE

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Solar Industries India Limited is engaged in manufacturing of complete range of industrial
explosives and explosive initiating devices. It manufactures various types of packaged
emulsion explosives bulk explosives and explosive initiating systems. The company has also
forayed into manufacturing of ammunition for military applications. It has the world’s largest
packaged explosives manufacturing facility at a single location in Nagpur India. It has pan
India presence with 34 manufacturing facilities. At the global level Company has presence in
more than 65 countries with manufacturing facilities in 5 countries. Solar Industries supports
major mining and infrastructure companies including global names such as Coal India
Limited, Singareni Collineries Vedanta Ltd and many more in global markets. Solar
Industries India Limited incorporated on February 24 1995 with the name Solar Explosives
Limited was promoted by Satyanarayan Nuwal Nandlal Nuwal and Kailashchandra Nuwal.
By the year 1996 Solar established trade network as well as Institutional market. The
Company started manufacturing Slurry Explosives in the year 1996 and Detonating Cords.
With the success of this unit they forayed into manufacturing of Detonators through
Economic Explosives Ltd Non-Explosive Intermediaries through Solar Components Pvt Ltd
and Bulk Explosives through Solar Capitals Ltd.
Founded by visionary Shri. Satyanarayan Nandlal Nuwal, Solar Group has evolved from a
single site manufacturing company in 1995 to a globally recognised Industrial Explosives
manufacturer today.
With their extensive experience, expertise and potential founded on their years of experience
in the Industrial Explosives segment, we have entered into Defence and setup one of the
worlds most integrated facilities for Ammunitions.
Their innovation edge is rooted in a strategic blend of talented manpower and technological
prowess. They bank on their rich experience to create sustainable value and intend to
accelerate towards excellence at an impressive pace.
They employ a comprehensive suite of robust best practice policies, and are committed to the
safety, health, and wellbeing of our people, communities and the environment.

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 Satyanarayan Nandlal Nuwal

Industry: Industrial Explosives manufacturer , mining

Founded: 1995,27 years ago
Headquarters: Nagpur
Company size: 1001-5000
Specialities: Industrial Explosives
Blasting Solution
Ammunition
Initiating system
Website: https://www.solargroup.com

Key peoples: Managing Director & CEO - Manish Satyanarayan Nuwal

Executive Director
Jt. Chief Financial Officer
Ind. Non-Executive Director
Chairman & Executive
Director
Jt. Chief Financial Officer
- Milind Deshmukh
- Moneesh Agrawal
- Sanjay Sinha
- Satyanarayan Nuwal
- Shalinee Mandhana

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Solar Group is a global company, specialising in the design, development, manufacture and
application of energy materials. It structures its business activity into *Blasting solutions for
mining, quarries and public works;*Manufacturers of a complete range of industrial
explosives(bulk and cartridge), detonators and detonating fuse and cast
boosters;*Ammunition (HMX, RDX etc.) for the defence and security sector; *Production of
key primary products in military activity i.e. composite propellants(Pinaka, Akash,
Brahmos etc.),rockets & warheads for missiles filling of ammunition & fuzes and high
energy material.
Founded in 1995, Solar is the India’s leading manufactures of commercial explosives &
blasting system and ammunitions. They are
 World’s largest cartridge manufacturing facility at a single location
 India’s first domestic supplier in private sector of HMX & HMX compounded
products to the defence sector.
 Manufacturing facilities in 5 countries and presence in 151 countries.

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