ifb ltd final
TRANSCRIPT
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IFB Ltd.
Mehta RitinMistry MeghalMistry NikeshVinu Nakum
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Content..
IFB Group
IFB Group structure
Products (Innovation and Quality) Existing Marketing Practices
Suggestions
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IFB Group Structure
IFB Group
IFB Industries
Home Appliances
Fine Blanking
IFB Agro IFB Automotives
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IFB Industries..
Established in 1974
Collaborated with Hienrich Schmid AG of Switzerland by Mr. Bijon Nag
Engineering and manufacturing divisions are located at Kolkata ,Goa &
Bangalore. The company has total of nine (9) Fine Blanking Presses, capacity range from
90T to 800T.
Manufacture and sale of Home appliances and fine balking products.
Company drive its 85%of the revenue from home appliances and rest 15%comes from fine blanking components.
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Gross Turnover for the year grew by 22% to Rs. 939.92 crores and
13.9%market share
The Company has a clientele list which includes Ford, Hyundai, Maruti,
Tata, Mahindra etc.
VISION
IFB will be synonymous with Innovation & Technology in itschosen fields of business activities.
IFB will excel in Quality & Services to be in consonance withGlobal Standards.
Contd..
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IFB Agro..
Public Limited Company
Chairmen of the company is Mr.Bijon Nag
The Corporate office is situated at EM Bypass, Kolkata, West Bengal.
Company has recorded gross turnover of Rs.756.27 crores recording a
growth of 29.34%.
Engaged in the business of manufacturing alcohol, beverages
,marine foods both for domestic & export markets.
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Contd..
The Plant is located at E.M. Bypass, Kolkata within 15Kms of traditional
farming of Bengal having capacity of 1500MTannually.
It is certified by the US Food and Drug Administration (USFDA) and the
European Union (EU).
VISION
All our products and services must exceed customer's expectation.
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IFB Automotives It is pioneered in India the manufacture of fine blanked automotive
components, seating systems, door systems and automotive motors to
meet the growing needs of the auto industry.
The company has built a reputation as a leading technology provider for
safety critical and comfort related productsin the automotive
sector.
IFBAutomotive emerged as the strategic partner to all automobile
manufacturers in the development and supply of safety critical, comfort
products and assemblies
VISION
To be the vehicle manufacturers first choice for safety andcomfort related products through innovation and quality
excellence.
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IFB Automotives
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IFB Industries Products..
Home appliance products Washing machines Microwave ovens Domestic and commercial dish washers Dryers
Kitchen appliances Commercial laundry products.
Fine blanking products Cushion plates for seat recliners Tongue for seat belt assembly Door latches
Gate assembly for gear transmission Gear shift selectors Gear shift interlocks and gear shifters for transmission Rotor segments for aircrafts Plate valves for compressors; and face comp drives, gears, cam plate
assemblies, and sprockets for two wheeler.
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IFB Agro Products..
Agro industry products
Distillery
Grain based distillery having capacity of 60KLPD
IMFL
Smirnoff, DIAGEO
Leonov ,Volga ,Russki Vodka
Goldcup , Benjamin Brandy
Jubilation, Matured XXX , Baluba Rum
Blue Lagoon Gin
3 Cheers Whisky
IMIL
India Made Indian Liquor (IMIL), popularly known as country spirit.
Marine
IFB ready to cook (raw) and ready to fry sea food products.
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Existing Marketing Strategies
Believes in word of mouth publicity
Good and Efficient Customer Service
Quality Products
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Suggestions..
Training and demo piece display to dealers
Exchange offer for existing customer
IFB has less number of dealer - which need to be increased to be in
market.
IFB is Premium brand - it should work upon price so middle class can
afford it.
Awareness base is low of IFB -More Advertisement is required.
More promotional and sales offers are required to beat competitors
like LG and Samsung.
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Contd..
For fine blanking products more focus required on non-auto segments and
overseas car manufactures.
For agro industries strategies of targeting different age group is requires
to be adopted.
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Thanks..