suzuki motorcycle
DESCRIPTION
Suzuki MotorcycleTRANSCRIPT
A SUMMER TRAINING REPORTON
SUZUKI MOTORCYCLE INDIA PRIVATE LIMITED
UNDERSTANDING THE MARKET POTENTIAL OF HIGH END BIKES
(Premium and Super Premium Segments)
SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF BACHELOR OF BUSINESS ADMINISTRATION (BBA)
TRAINING SUPERVISOR SUBMITTED BYMR. ABHINAV DUA MEGHA GUPTA ZONAL MANAGER – MARKETING ENROLLMENT NO. 05511242227
SESSION 2005-2008
GURU JAMBHESHWAR UNIVERSITYHISAR
Acknowledgement
The present work is an effort to throw some light on “SUZUKI
MOTORCYCLE INDIA PRIVATE LIMITED”. The work would not
have been possible to come to the present shape without the able
guidance, supervision and help to me by number of people.
With deep sense of gratitude I acknowledge the encouragement and
guidance received by my organizational guide Mr. Abhinav Dua (Zonal
Manager – Marketing) and other staff members.
I convey my heartful affection to all those people who helped and
supported me during the course, for completion of my Project Report.
MEGHA GUPTA
EXECUTIVE SUMMARY
The objective of my project is in depth study and understanding of two wheeler
market. I started with my study form evaluation of two wheelers in India, its market
size and growth, demand drives rand factor that affect demand and supply of the two
wheeler industry. Then I study trends in two-wheeler industry.
Report also contains marketing strategy used by Suzuki Motorcycle India Pvt. Ltd.
That’s including four p’s of marketing price, promotion, place and product. I have
Analyzed automobile industry on SWOT analysis and different models like Poter’s
five Model.
End part of my project included market survey, data collection and data analysis.
TABLE OF CONTENTS
1 INTRODUCTION
INDIAN TWO-WHEELER INDUSTRY 1-10
TRENDS IN TWO-WHEELER INDUSTRY 11-15
CHARACTERISTICS OF INDIAN AUTOMOTIVE INDUSTRY 16-17
SWOT ANALYSIS 41-46
2. RESEARCH METHODOLOGY 18-19
RESEARCH OBJECTIVES 20
3. INTRODUCTION OF SUZUKI MOTORCYCLE 21-26
4. MARKETING STRATEGY 27-36
5. CLASSIFICATION OF THE BIKE 37-40
6. PORTER’S FIVE FORCES MODEL OF AUTOMOBILE INDUSTRY 47-49
7. MARKET SURVEY 50
8. SURVEY ANALYSIS 51-71
9. RECOMMENDATIONS 72
10. ANNEXURE 73-76
11. BIBLIOGRAPHY 77
INTRODUCTION
INDIAN TWO-WHEELER INDUSTRY
Indian automotive industry consists of five segments: commercial vehicles; multi-
utility vehicles & passenger cars; two-wheelers; three-wheelers; and tractors. With
5,822,963 units sold in the domestic market and 453,591 units exported during the
first nine months of FY2005 (9MFY2005), the industry (excluding tractors) marked a
growth of 17% over the corresponding previous. The two-wheeler sales have
witnessed a spectacular growth trend since the mid nineties.
EVOLUTION OF TWO-WHEELER INDUSTRY IN INDIA
Two-wheeler segment is one of the most important components of the automobile
sector that has undergone significant changes due to shift in policy environment. The
two-wheeler industry has been in existence in the country since 1955. It consists of
three segments viz. scooters, motorcycles and mopeds. According to the figures
published by SIAM, the share of two-wheelers in automobile sector in terms of units
sold was about 80 per cent during 2003-¬04. This high figure itself is suggestive of
the importance of the sector. In the initial years, entry of firms, capacity expansion,
choice of products including capacity mix and technology, all critical areas of
functioning of an industry, were effectively controlled by the State machinery. The
lapses in the system had invited fresh policy options that came into being in late
sixties. Amongst these policies, Monopolies and Restrictive Trade Practices (MRTP)
and Foreign Exchange Regulation Act (FERA) were aimed at regulating monopoly
and foreign investment respectively. This controlling mechanism over the industry
resulted in:
Several firms operating below minimum scale of efficiency;
Under-utilization of capacity; and
Usage of outdated technology.
Recognition of the damaging effects of licensing and fettering policies led to initiation
of reforms, which ultimately took a more prominent shape with the introduction of the
New Economic Policy (NEP) in 1985.
However, the major set of reforms was launched in the year 1991 in response to the
major macroeconomic crisis faced by the economy. The industrial policies shifted
from a regime of regulation and tight control to a more liberalized and competitive
era. Two major results of policy changes during these years in two-wheeler industry
were that the, weaker players died out giving way to the new entrants and superior
products and a sizeable increase in number of brands entered the market that
compelled the firms to compete on the basis of product attributes. Finally, the two-
wheeler industry in the country has been able to witness a proliferation of brands with
introduction of new technology as well as increase in number of players. However,
with various policy measures undertaken in order to increase the competition, though
the degree of concentration has been lessened over time, deregulation of the industry
has not really resulted in higher level of competition.
TWO-WHEELERS: MARKET SIZE & GROWTH
In terms of volume, 4,613,436 units of two-wheelers were sold in the country in
9MFY2005 with 256,765 units exported. The total two-wheeler sales of the Indian
industry accounted for around 77.5% of the total vehicles sold in the period
mentioned.
Segmental Growth of the Indian Two Wheeler Industry (FY1995-2004)
After facing its worst recession during the early 1990s, the industry bounced back
with a 25% increase in volume sales in FY1995. However, the momentum could not
be sustained and sales growth dipped to 20% in FY1996 and further down to 12% in
FY1997. The economic slowdown in FY1998 took a heavy toll of two-wheeler sales,
with the year-on-year sales (volume) growth rate declining to 3% that year. However,
sales picked up thereafter mainly on the strength of an increase in the disposable
income of middle-income salaried people (following the implementation of the Fifth
Pay Commission's recommendations), higher access to relatively inexpensive
financing, and increasing availability of fuel efficient two-wheeler models.
Nevertheless, this phenomenon proved short-lived and the two-wheeler sales declined
marginally in FY2001. This was followed by a revival in sales growth for the industry
in FY2002. Although, the overall two-wheeler sales increased in FY2002, the scooter
and moped segments faced de-growth. FY2003 also witnessed a healthy growth in
overall two-wheeler sales led by higher growth in motorcycles even as the sales of
scooters and mopeds continued to decline. Healthy growth in two-wheeler sales
during FY2004 was led by growth in motorcycles even as the scooters segment posted
healthy growth while the mopeds continued to decline.
DEMAND DRIVERS
The demand for two-wheelers has been influenced by a number of factors over the
past five years. The key demand drivers for the growth of the two-wheeler industry
are as follows:
Inadequate public transportation system, especially in the semi-urban and rural
areas;
Increased availability of cheap consumer financing in the past 3-4 years;
Increasing availability of fuel-efficient and low-maintenance models;
Increasing urbanization, which creates a need for personal transportation;
Changes in the demographic profile;
Difference between two-wheeler and passenger car prices, which makes two-
wheelers the entry-level vehicle;
Steady increase in per capita income over the past five years; and
Increasing number of models with different features to satisfy diverse consumer
needs.
While the demand drivers listed here operate at the broad level, segmental demand is
influenced by segment-specific factors.
MARKET CHARACTERISTICS
Demand
Segmental Classification and Characteristics
The three main product segments in the two-wheeler category are scooters,
motorcycles and mopeds. However, in response to evolving demographics and
various other factors, other sub segments emerged, viz. scooterettes, gearless scooters,
and 4-stroke scooters. While the first two emerged as a response to demographic
changes, the introduction of 4-stroke scooters has followed the imposition of stringent
pollution control norms in the early 2000. Besides, these prominent sub-segments,
product groups within these sub-segments have gained importance in the recent years.
Examples include 125cc motorcycles, 100-125 cc gearless scooters, etc. The
characteristics of each of the three broad segments are discussed in this table:-
Two-Wheelers: Comparative Characteristics
Scooter Motorcycle Moped
Price*(Rs. as in January 2005)
> 22,000 > 30,000 > 12,000
Stroke2-stroke, 4-stroke
Mainly 4-stroke 2-stroke
Engine Capacity (cc)
90-150 100, 125, > 125 50, 60
Ignition Kick/Electronic Kick/Electronic Kick/Electronic
Engine Power (bhp) 6.5-9 7-8 and above 2-3
Weight (kg) 90-100 > 100 60-70
Fuel Efficiency (kms per litre)
50-75 50-80+ 70-80
Load Carrying High Highest Low
SEGMENTAL MARKET SHARE
The Indian two-wheeler industry has undergone a significant change over the past 10
years with the preference changing from scooters and mopeds to motorcycles. The
scooters segment was the largest till FY1998, accounting for around 42% of the two-
wheeler sales (motorcycles and mopeds accounted for 37% and 21 % of the market
respectively, that year). However, the motorcycles segment that had witnessed high
growth (since FY1994) became larger than the scooter segment in terms of market
share for the first time in FY1999. Between FY1996 and 9MFY2005, the motorcycles
segment more than doubled its share of the two-wheeler industry to 79% even as the
market shares of scooters and mopeds stood lower at 16% and 5%, respectively.
Trends in Segmental Share in Industry Sales (FY1996-9MFY2005)
While scooter sales declined sharply by 28% in FY2001, motorcycle sales reported a
healthy growth of 20%, indicating a clear shift in consumer preference. This shift,
which continues, has been prompted by two major factors: change in the countries
Demographic profile and technological advancements.
Over the past 10-15 years the demographic profile of the typical two-wheeler
customer has changed. The customer is likely to be salaried and in the first job. With a
younger audience, the attributes that are sought of a two-wheeler have also changed.
Following the opening up of the economy and the increasing exposure levels of this
new target audience, power and styling are now as important as comfort and utility.
The marketing pitch of scooters has typically emphasized reliability, price, comfort
and utility across various applications. Motorcycles, on the other hand, have been
traditionally positioned as vehicles of power and style, which are rugged and more
durable. These features have now been complemented by the availability of new
designs and technological innovations. Moreover, higher mileage offered by the
executive and entry-level models has also attracted interest of two-wheeler customer.
Given this market positioning of scooters and motorcycles, it is not surprising that the
new set of customers has preferred motorcycles to scooters. With better ground
clearance, larger wheels and better suspension offered by motorcycles, they are well
positioned to capture the rising demand in rural areas where these characteristics
matter most.
Scooters are perceived to be family vehicles, which offer more functional value such
as broader seat, bigger storage space and easier ride. However, with the second-hand
car market developing, a preference for used cars to new two-wheelers among vehicle
buyers cannot be ruled out. Nevertheless, the past few years have witnessed a shift in
preference towards gearless scooters (that are popular among women) within the
scooters segment. Motorcycles, offer higher fuel efficiency, greater acceleration and
more environment-friendliness. Given the declining difference in prices of scooters
and motorcycles in the past few years, the preference has shifted towards motorcycles.
Besides a change in demographic profile, technology and reduction in the price
difference between motorcycles and scooters, another factor that has weighed in
favors of motorcycles is the high re-sale value they offer. Thus, the customer is
willing to pay an up-front premium while purchasing a motorcycle in exchange for
lower maintenance and a relatively higher resale value.
SUPPLY
MANUFACTURERS
As the following graph indicates, the Indian two-wheeler industry is highly
concentrated, with three players-Hero Honda Motors Ltd (HHML), Bajaj Auto Ltd
(Bajaj Auto) and TVS Motor Company Ltd (TVS) - accounting for over 80% of the
industry sales as in 9MFY2005. The other key players in the two-wheeler industry are
Kinetic Motor Company Ltd (KMCL), LML Ltd (LML), Yamaha Motors India Ltd
(Yamaha), Royal Enfield Ltd (REL) and Honda Motorcycle & Scooter India (P) Ltd
(HMSI).
Shares of Two-Wheeler Manufacturers in Industry Sales (FY2000-9MFY2005)
Although the three players have dominated the market for a relative long period of
time, their individual market shares have undergone a major change. Bajaj Auto was
the undisputed market leader till FY2000, accounting for 32% of the two-wheeler
industry volumes in the country that year. Bajaj Auto dominance arose from its
complete hold over the scooter market. However, as the demand started shifting
towards motorcycles, the company witnessed a gradual erosion of its market share.
HHML, which had concentrated on the motorcycle segment, was the main
beneficiary, and almost doubled its market share from 20% in FY2000 to 40% in
9MFY2005 to emerge as the market leader. TVS, on the other hand, witnessed an
overall decline in market share from 22% in FY2000 to 18% in 9MFY2005. The
share of TVS in industry sales fluctuated on a year on year basis till FY2003 as it
changed its product mix but has declined since then.
TECHNOLOGY
Hitherto, technology transfer to the Indian two-wheeler industry took place mainly
through: licensing and technical collaboration (as in the case of Bajaj Auto and LML);
and joint ventures (HHML).
A third form - that is, the 100% owned subsidiary route - found favors in the early
2000s. A case in point is HMSI, a 100% subsidiary of Honda, Japan.
Besides the below mentioned technology alliances, Suzuki Motor Corporation has
also followed the strategy of joint ventures (SMC reportedly acquired equity stake in
Integra Overseas Limited for manufacturing and marketing Suzuki motorcycles in
India).
TECHNOLOGICAL TIE-UPS OF SELECT PLAYERS
Nature of Alliance Company Product
Bajaj Auto Technological tie-up Kawasaki Heavy Industries
Ltd, Japan
Motorcycles
Technological tie-up Tokya R&D Co Ltd, Japan Two-wheelers
Technological tie-up Kubota Corp, Japan Diesel
Engines
HHML Joint Venture Honda Motor Co, Japan Motorcycles
LML Technological tie-up Daelim Motor Co Ltd Motorcycles
Hero
Motors
Technological tie-up Aprilia of Italy Scooters
With the two-wheeler market, especially the motorcycle market, becoming extremely
competitive and the life cycle of products getting shorter, the ability to offer new
models to meet fast changing customer preferences has become imperative. In this
context, the ability to deliver newer products calls for sound technological backing
and this has become one of the critical differentiating factors among companies in the
domestic market. Thus, the players have increased their focus on research and
development with some having indigenously developed new models as well as
improved technologies to cater to the domestic market. Further, with exports being
one of the thrust areas for some Indian two-wheeler companies, the Indian original
equipment manufacturers (OEMs) have realized the need to upgrade their technical
capabilities. These relate to three main areas: fuel economy, environmental
compliance, and performance. In India, because of the cost-sensitive nature of the
market, fuel efficiency had been an interest area for manufacturers.
It is not only that the OEMs are increasing their focus on in-house R&D; they also
provide support to the vendors to upgrade the technology and also assist those striking
technological alliances.
TRENDS IN THE TWO-WHEELER INDUSTRY
COMPANIES RAISING CAPACITY TO MEET THE GROWING DEMAND
All the major two-wheeler manufacturers, viz. Bajaj Auto, HHML, TVS, HMSI and
others, have increased their manufacturing capacities in the recent past. The total
capacity of these players stood at 7.8 million units per annum (FY2003) as against
total market sales of 3.8 million units in FY2002. Most of the players have either
expanded capacity, or converted their existing capacities for scooters and mopeds into
those for manufacturing motorcycles. The move has been prompted by the rapid
growth reported by the motorcycles segment since FY1995.
HHML increased the capacity of its plants from 1.8 million units in FY2003 to 2.25
million in FY2004 and has been able to achieve 92% capacity utilization. In light of
the increase in demand for motorcycles, the company plans to set up a new plant.
Since its entry in the Indian market during FY2002, HMSI has aggressively expanded
its capacity.
NICHE MARKETS ALSO WITNESSING INTENSE COMPETITION
A significant trend witnessed over the past five years is the inclination of consumers
towards products with superior features and styling. Better awareness about
international models has raised expectations of consumers on some key attributes,
especially quality, styling, and performance. High competitive intensity has prompted
players to launch vehicles with improved attributes at a price less than the competitive
models.
In an effort to satisfy the distinct needs of consumers, producers are identifying
emerging consumer preferences and developing new models. For instance, in the
motorcycles segment, motorcycles with engine capacity over 150cc, is a segment that
has witnessed significant new product launches and hence, become more competitive.
The indigenously launched Pulsar 150 had met with success on its launch and
thereafter, a host of models have been launched in this segment by various players.
While Bajaj Auto launched the Pulsars (150 and 180 cc) with digital twin spark
technology (DTSi) that offers a powerful engine and fuel efficiency of 125 cc models,
model launches by other players include LML's Graptor/Beamer, HMSI's Unicorn
besides the HHML's CBZ (improved version launched in 2003-04) and TVS' Fiero
F2. Moreover, in the recent past, the motorcycle segment has witnessed launch of
vehicles with higher engine capacity (higher than 150cc) and power (higher than
15bhp). These include models such as Bajaj Auto Eliminator and Royal Enfield's
Thunderbird followed by HHML's Karisma. Besides these, KEL has launched
premium segment motorcycles GF 170 and GF Laser besides launching products from
the portfolio of its technology partner (Hyosung's Aquila and Comet 250). The
products in this segment cater for style conscious consumers. Quite a few players are
developing models combining features such as higher engine capacity" optimum mix
of power and performance, and superior styling. However, the extent of shift to these
products would depend on the positioning of such products in terms of price.
VEHICLE EMISSION NORMS
Emission norms for all categories of petrol and diesel vehicles at the manufacturing
stage were introduced for the first time in India in 1990 and were made stricter in
1996. When the 1996 norms were introduced, it resulted in certain models being
withdrawn from the market. With Stage I India 2000 emission norms coming into
place, the cost of developing suitable technology has remained high.
The emission norms that are currently in force for two-wheelers and three-wheelers
are more stringent than the Euro II norms. The roadmap suggested for emission norms
for two/three-wheelers by the Expert Committee on Auto Fuel Policy is as follows:
For new vehicles:-
Bharat Stage II norms throughout the country from April 1, 2005.
Bharat Stage III norms to be applicable preferably from April 1, 2008 but not
later than April 1, 2010.
FOR REDUCING POLLUTION FROM IN-USE VEHICLES:-
New pollution under control (PUC) checking system for all categories of
vehicles to be put in place by April 1, 2005.
Inspection & maintenance (I&M) system for all categories of vehicles to be
put place by April 1, 2010.
Performance checking system of catalytic converters and conversion kits
installed in vehicles to be put in place by April 1, 2007.
FISCAL POLICY
The Union Budget for 2001-02 had lowered the excise duty on two-wheelers (with
engine capacity in excess of 75 cc) from 24% to 16%. The manufacturers
responded to this by passing on a relatively large part of the excise cut to
customers. The Union Budget thereafter has left the excise duty on two-wheelers
unchanged. But the Union Budget 2004-05 provides for a weighted deduction of
150% for investments in R&D. This may facilitate increasing R&D allocations
and allow for improvement in the technical as well as product development skills
of the Indian companies.
INDIAN AUTO POLICY 2002
The Government of India approved a comprehensive automotive policy in March
2002, the main proposals of which are as under:-
FOREIGN DIRECT INVESTMENT : Automatic approval is proposed to be
granted to foreign equity investment up to 100% for manufacture of automobiles
and components.
IMPORT TARIFF: Import tariffs are proposed to be fixed at a level such that
they facilitate the development of manufacturing capabilities as opposed to mere
assembly.
Incentives for R&D: The weighted average tax deduction under the Income Tax
Act, 1961 for automotive companies is proposed to be increased from current
level of 125% (The weighted average deduction for R&D was increased to 150%
in the Union Budget 2004-05). Further, the policy proposes to include vehicle
manufacturers for a rebate on the applicable excise duty for every 1% of the gross
turnover of the company expended during the year on R&D.
ENVIRONMENTAL ASPECTS: Adequate fiscal incentives are proposed to
promote the use of low-emission auto fuel technology (in line with the Auto Fuel
Policy). The auto policy states the Government's intent to align domestic policy
with the international practice of imposing higher road tax on old vehicles so as to
discourage their use.
UNIQUE CHARACTERISTICS OF INDIAN AUTOMOTIVE
INDUSTRY:
HIGHER AVERAGE LIFE SPAN OF VEHICLES
Until 1999, Indian automotive market was characterized by weak air pollution
regulations. In addition, low labor cost of maintenance and the psyche of Indian
consumer to delay the discarding of the old vehicle reduced the scrap rate. All these
factors resulted in prolonged operational existence of vehicle on Indian roads. The
benefit of this practice is the comparatively higher revenues for automotive
component suppliers, due to increased demand in the aftermarket. But recent
pronouncement of GoI to prohibit polluting vehicles in the National Capital Region
(NCR) is likely to force the old polluting vehicles off road. This will reduce the
average life span of vehicles on road and the overall impact would be reduced per
vehicle parts consumption.
UP GRADATION OF VEHICLE OWNERS
The structure of Indian vehicles (personal transport) market in terms of volume sales
is shown in this Figure:-
Structure of Passenger Vehicle Market (India)
Two wheelers generate the highest volumes and are more popular in rural and semi
urban markets primarily due to lower income levels and poor road conditions.
Therefore, these could be classified as entry-level vehicles. Within two wheeler
segments, progressively mopeds are likely to be replaced by motorcycles. With the
growth in the family income of these rural and semi-urban buyers and the option of
numerous used cars, it is expected that a significant shift would take place from two
wheelers (mainly scooters) to four wheelers. Lucrative finance schemes have made
the purchase of mid-sized cars really affordable. The present owners of the small car
are likely to graduate to mid-size cars mainly due to declining importance of small car
as status symbol and the marginal increment in repayment installment in the finance
options. This transition is also depicted in the above figure.
RESEARCH OBJECTIVES
The objective of my project is
To make in depth study and understanding of two wheeler market
To study the marketing strategy used by Suzuki Motorcycle India Pvt. Ltd.
To carry out SWOT analysis
To carry out Porter’s five Model analysis
To carry out a market survey in this regard
RESEARCH METHODOLOGY
RESEARCH DESIGN
Due care is taken to ensure minimum bias and maximum reliability.
DESCRIPTIVE RESEARCH
Descriptive research is used in the project. The main objective of descriptive research
is to describe the market characteristics or function. The ideal way to go about it was
through Questionnaire. Questionnaire was designed based on research objectives
and the targeted segment. It is the part of conclusive research. Two types of methods
of data collection is used in research:
Secondary data
Survey method
DATA SOURCES
Primary Sources of Data
Filling Questionnaires
SECONDARY SOURCES OF DATA
Books, Internet, Magazines, etc
SAMPLE DESIGN
TARGET POPULATION
Males and females above 18 years of age in Delhi region are considered for the
sample target population.
SAMPLING TECHNIQUE
Convenience sampling: A non-probability sampling technique that attempts to obtain
a sample of convenient element. The selection of sampling units is left primarily to
the interviewer, or the researcher uses personal judgment for taking sample. It is
done, by using convenience in time and reach, using students, friends, etc in the
sample.
SAMPLE SIZE
The sample size of 100 was taken for the Research Study.
EXTENT
Extent of this study is limited to Delhi only.
SUZUKI MOTORCYCLE INDIA Pvt. Ltd.
INTRODUCTION
Mission Statement
SUZUKI Philosophy
The core philosophy of SUZUKI is to provide “VALUE-PACKED PRODUCTS”.
Since the founding of SUZUKI Motor Corporation, the Organization’s endeavor has
always been to provide “VALUE-PACKED PRODUCTS” as one of the
manufacturing philosophies.
SUZUKI believes that “VALUE-PACKED PRODUCTS” come from the effort to
carry out Product development from customer’s point of view. This policy has been in
effect since Company’s inception and has helped the Organization to meet customer’s
needs. As a result, SUZUKI’s Products have become well received throughout the
World. SUZUKI is fully committed to create Products that meet customer’s demand
by utilizing its dynamic, long-nurtured technological advantage coupled with its fresh
and active human resources.
Mission Statement
Develop products of superior value by focusing on the customers.
Establish a refreshing and innovative company through teamwork.
Strive for individual excellence through continuous improvement.
SUZUKI INDIA
COMPANY NAME
SUZUKI MOTORCYCLE INDIA PRIVATE LIMITED is a subsidiary of Suzuki
Motor Corporation, Japan where in we are having the same manufacturing
Philosophy of VALUE PACKED PRODUCTS right from the inception. SMIPL will
be manufacturing two wheelers best suited for the valuable Indian customers covering
all segments.
PLANT AREA AND PRODUCTION CAPACITY
We have installed our manufacturing plant in Gurgaon (Haryana) having the annual
plant capacity of 1, 20, 000 units. We have got total land area of 37 acres and out of
which presently our plant is constructed in 6.5 acres of land and remaining area is left
for the land development and future expansion.
Capital
Rs. 713.43 Million
Managing Director
Mr. Satya Sheel Khosla
Joint Managing Director
Mr. Katsumi Takata
Personnel over the years
MAIN PRODUCTS
ItemsYear
2004Year 2005
Total number of employees 95 176
MOTORCYCLE AND SCOOTER
Environment
At Suzuki, the philosophy of keeping “environment first” is properly percolated
downwards. To comply with all applicable legislations and setting standards thereof
remains only a beginning. We thrive to discover and invent mechanisms for better
environment management systems and it’s a continuous process which is managed by
a separate wing of experts and specialist in the field.
The biggest testimony of Suzuki’s commitments towards “environment first” is seen
in the new plant of Suzuki two wheelers at Gurgaon which is built to be a Zero
discharge plant.
We have embraced Natural light optimization system and water harvesting systems
besides several other measures to create better and cleaner environment around us. All
packaging material used by Suzuki is re-cycle able. A constant flow of internal
Communication on environment related issues not only creates awareness amongst
employees but also helps in inculcating ‘an environment friendly’ value system.
SERVICE:
WARRANTY POLICY
POLICY
Suzuki Motorcycle India Private Limited offers 2 years or first 30,000kms for
motorcycle produced in Gurgaon Plant and sold through its authorized dealer.
CONDITION OF WARRANTY
The warranty coverage for products will be valid only if the following are availed &
followed:
All the 6 Free Services and 9 Paid Services as per given schedule.
Maintaining the service record given in the Owners manual dully signed by
SMIPL authorized dealer for each of the 6 Free & 9 Paid Services availed.
The claim for ex-change (or) repair of parts shall be considered only when:
Customer ensures that immediately upon the discovery of the defect he
approaches the nearest SMIPL authorized dealer with the affected motorcycle.
The expenses if any for bringing the affected motorcycle to SMIPL authorized
dealer has to be borne by customer only.
Warranty claims in respect of proprietary items like Tyres, Tubes, Battery and
Sparkplug are warranted by their respective manufacturers and shall be claimed
on them directly by the customer as per their warranty terms and SMIPL shall not
be liable in any manner to replace them. However SMIPL authorized dealer will
give full assistance in taking up the claims with respective manufacturers.
SMIPL undertake no liability in the matter of consequential loss or damage caused
due to the failure of parts. Delay, if any, for carrying out the repairs at SMIPL
authorized dealer, shall not be a ground for extending the warranty.
Period, nor shall it give any right to the customer for claiming any compensation for
damages.
LIMITATION OF WARRANTY
Warranty is not applicable to:
Normal maintenance operations such as Engine Tune-up, De-carbonizing,
Carburetor cleaning, Wheels, Brakes and Clutch adjustments as well as any other
normal adjustments.
Normal service wear and tear items (ie) Brake Shoes, Shims / Fasteners , Drive
Chain , Sprockets , Clutch Plates, Race Bearing kit, Gaskets , Rubber Parts (or)
Plastic components, Wheel Rims ( in case of misaligned or bent) , Element Air
Cleaner, Oil filter and Electrical items like Bulb.
If the Suzuki Genuine Oil / Lubricants are not used or if they are not replaced at
the recommended interval.
Use of non- genuine parts (or) accessories not approved by SMIPL which affects
the performance and reliability of the motorcycle.
Premature wear of Engine parts such as Cylinder, Piston, Valves and Bearings due
to adulteration of petrol/fuel.
If any of the free or paid service is not done as per schedule, the warranty tends to
stand void.
Parts of the vehicle have been subjected to mis-use, accident and negligent
treatment, use of bad quality parts which are not manufactured (or) not
recommended for use by SMIPL on their motorcycles.
Parts of the motorcycle getting rusted or their plating or painting coming off due
to atmospheric condition like Sea Breeze and Industrial Pollutions.
Parts repaired (or) replaced under this warranty are warranted only for the original
warranty period of Suzuki Motorcycles.
Consumables like Engine oil, TFF Oil, Grease used for the warranty repair are not
covered under the application of the warranty.
The company is not liable for any delay in servicing due to reasons beyond the
control of company or any of SMIPL authorized dealer.
FREE SERVICE POLICY
Free Service Policy
Suzuki Motorcycle India Private Limited offers 6 free services for its motorcycle.
The Services to be availed within the specified kms or days from the date of sale
of motorcycle whichever occurs first.
It is mandatory to avail all the 6 free services as per given schedule.
The services can be availed only at our SMIPL authorized dealership.
Cost of oil & gaskets are chargeable at actual during the Free service period.
The labor is free for all the jobs detailed on the free service coupon.
If Motorcycle meets with an accident during the free services period then the
actual labor and parts charges has to be borne by customer to make the vehicle
perfect (road worthy)
MARKETING STRATEGY
Pricing Strategies – While developing pricing strategies for the global market,
one must consider the internal and external environments of a company.
Suzuki has launched 2 products. They have tried to go for competitive pricing.
1. Heat – Rs. 37,893
2. Zeus – Price is not disclosed.
Place Strategies – Place or distribution strategies are dependent on the type of
product a company offers.
Suzuki has distributed the product in East, West, North and South.
North – Delhi
Haryana – Faridabad, Gurgaon, Rohtak
Punjab – Amritsar, Chandigarh. Jalandhar, Ludhiana
Rajasthan – Jaipur, Jodhpur
Uttar Pradesh – Agra, Allahabad, Bulandshahr, Ghaziabad,
Lucknow, Moradabad, Noida, Saharanpur
East – Assam – Guwahati
Chattisgarh – Raipur
Orissa – Berhampur
South – Andhra Pradesh – Hyderabad, Rajahmundry, Tirupati
Karnataka – Bangalore, Hubli, Mangalore
Kerala – Cochin, Palkkad
Tamil Nadu – Chennai, Coimbatore, Erode, Madurai, Tiruchirapalli
West – Gujarat – Ahmedabad, Baroda, Gandhinagar, Rajkot, Surat
Goa – Margao, Panjim
Maharashtra –Aurangabad, Mumbai, Nagpur, Pune, Thane
Madhya Pradesh – Bhopal, Jabalpur
Promotion strategies – The promotion strategies of a global marketing
rganization include advertising, sales promotion, public relations, direct marketing
and personal selling.
Suzuki is planning to go for electronic & print media advertisement:
Media Campaigns – Ad 1
MEDIA CAMPAIGNS – AD 2
MEDIA CAMPAIGNS – AD 3
MEDIA CAMPAIGNS – AD 4
Product Strategies – The product is one of the most important components of a
marketing program.
Suzuki has two products in India market. One is HEAT and ZEUS bike:
SUZUKI MOTORCYCLE
HEAT
*Drum Brake *Kick Start
Dimensions And Dry Mass
Overall length 2040 mm
Overall width 770 mm
Wheelbase 1240 mm
Ground clearance 155 mm
Overall height 1085 mm
Dry mass 110 kgs
Engine
Type Four-stroke, Air-cooled,OHC
Number of cylinders 1
Bore x Stroke 53.5 mm x 55.2 mm
Displacement 124 cm3 (cc)
Compression ratio 9.6:1
Carburettor VM18
Air cleaner Non-woven fabric element
Starter system Kick
Lubrication system Wet sump
Transmission
Clutch Wet multi-plate type
Transmission 5-speed constant mesh
Gearshift patterm 1-down, 4-up
Chassis
Front suspension Telescopic, Coil spring, Oil damped
Rear suspension Swing-arm type, Coil spring, Oil damped
Front brake Drum brake (130 mm)
Rear brake Drum brake (130 mm)
Front tyre size 2.75 -18.4PR
Rear tyre size 3.00-18.6PR
Electrical
Ignition type Electronic Ignition (CDI)
Spark plug NGK
Battery 12V 9.0kC (2.5 Ah)/10HR
Headlight 12V 35/35W
Brake light/Tail-Light 12V 21/5W
Fuel Tank : Capacities
Including reserve 12.0 L
Reserve 2.1 L
Introducing the new Heat 125. Packed with genuine Suzuki technology, it delivers
instant pickup, smoother performance and superb fuel-efficiency unmatched by any
other motorcycle in its class. So, the riders get more from life, every moment, mile
after mile.
SUZUKI MOTORCYCLE
ZEUS 125X
*Drum/Disc Brakes *Kick Start
Dimensions And Dry Mass
Overall length 2040 mm
Overall width 770 mm
Wheelbase 1240 mm
Ground clearance 155 mm
Overall height 1125 mm
Dry mass 114 kgs
Engine
Type Four-stroke, Air-cooled,OHC
Number of cylinders 1
Bore x Stroke 53.5 mm x 55.2 mm
Displacement 124 cm3 (cc)
Compression ratio 9.6:1
Carburettor VM18
Air cleaner Non-woven fabric element
Starter system Kick
Lubrication system Wet sump
Transmission
Clutch Wet multi-plate type
Transmission 5-speed constant mesh
Gearshift patterm 1-down, 4-up
Chassis
Front suspension Telescopic, Coil spring, Oil damped
Rear suspension Swing-arm type, Coil spring, Oil damped
Front brake Disc brake
Rear brake Drum brake (130 mm)
Front tyre size 2.75 -18.42P
Rear tyre size 3.00-18.52P
Electrical
Ignition type Electronic Ignition (CDI)
Spark plug NGK
Battery 12V 9.0kC (2.5 Ah)/10HR
Headlight 12V 35/35W
Brake light/Tail-Light 12V 21/5W
Fuel Tank : Capacities
Including reserve 12.0 L
Reserve 2.1 L
Introducing the new Zeus 125X. Packed with genuine Suzuki technology and
incredible style. Delivering instant pickup, smoother performance and superb fuel-
efficiency unmatched by any other motorcycle in its class. Giving its riders the best of
both worlds.
CLASSIFICATION OF THE BIKE ACCORDING TO THE
DISPLACEMENT & START
125-150cc bikes with Disc & Drum brakes
DISC Brake DRUM Brake
Bajaj WIND 125 Bajaj DISCOVER 125
Hero Honda ACHIVER Hero Honda GLAMOUR
Hero Honda SUPER SPLENDOR ES Hero Honda ACHIVER
Hero Honda SUPER SPLENDOR KS TVS VICTOR EDGE
Kinetic GF 125 Kinetic GF 125
LML FREEDOM PRIMA 125 Yamaha FAZER
Yamaha FAZER LX
Yamaha R X 135
SUZUKI HEAT
LML FREEDOM PRIMA
125
150 & above cc bikes with Disc & Drum brakes
DISC Brake DRUM Brake
Hero Honda KARIZMA Kinetic GF 170
Kinetic COMET
Kinetic GF 170
125-150cc bikes with Kick & Self start
KICK Start SELF Start
Bajaj DISCOVER 125 Bajaj DISCOVER 125
Bajaj WIND 125 Hero Honda GLAMOUR
TVS FIERO F2 Kinetic GF 125
TVS FIERO FX Honda UNICORN
TVS VICTOR EDGE
TVS VICTOR GLX
Hero Honda ACHIVER
Hero Honda GLAMOUR
Yamaha FAZER
Yamaha FAZER LX
Yamaha R X 135
LML GRAPTOR
Honda UNICORN
SUZUKI ZUES 125
SUZUKI HEAT
150 & above cc bikes with Kick & Self start
KICK Start SELF Start
Bajaj AVENGR Hero Honda GLAMOUR
125-150cc bikes with Drum/Disc brakes
Suzuki ZEUS 125X
Bajaj PULSAR 150 DTSi
TVS FIERO F2
TVS FIERO FX
TVS VICTOR EDGE
TVS VICTOR GLX
Hero Honda GLAMOUR
Yamaha FAZER DIX
Yamaha FAZER DX
LML GRAPTOR
Honda UNICORN
150 & above cc bikes with Drum/Disc brakes
Bajaj PULSAR 180 DTSi
Bajaj AVENGR
Kinetic AQUILA
Kinetic GF LASER
125-150cc bikes with Kick/Self start
Bajaj PULSAR 150 DTSi
Kinetic GF 125
Yamaha FAZER DIX
Yamaha FAZER DX
150 & above cc bikes with Kick/Self start
Hero Honda KARIZMA
Bajaj PULSAR 180 DTSi
Kinetic AQUILA
Kinetic COMET
Kinetic GF 170
Kinetic GF LASER
SWOT ANALYSIS
SUZUKI MOTORCYCLE INDIA
STRENGTHS
Maruti gives Suzuki tremendous brand penetration.
WEAKNESSES
‘Japanese’ approach means a push for volumes through safe, conventional products.
Effective strategy but unexciting. Except, the strategy doesn’t always work.
OPPORTUNITIES
Bajaj and (perhaps) Yamaha are only just opening the larger displacement class. If
Suzuki moves quickly, they could put in a storming product to good effect.
THREATS
The only people who are able to get away with playing safe are Hero Honda.
BAJAJ AUTO LIMITED
Strength
Strong product lines and development team; available cash. Not afraid to use
technology.
WEAKNESSES
Cheap-quality/poor - service perception taking time to fade away.
OPPORTUNITIES
Have the where withal to handle a really broad product range, while opening up new
sales segments. Exports are on the rise.
Threats
Working the price - quality equation could cause the cheap quality/poor service
perception to persist.
HERO HONDA MOTORS LIMITED
Strengths
Product lines running strong, great brand equity and trust. Newer products - Super
Splendor and Achiever - are excellent.
Weaknesses
No internal R & D makes it harder to respond to the market.
Opportunities
Leveraging Honda’s technical expertise more aggressively can get Hero Honda super
products and help them stay number one in the market.
Threats
The brand is steeped in commuter values – in the long run, that could obstruct a move
to more leisure – oriented products.
HONDA MOTORCYCLE & SCOOTER INDIA
Strengths
Strong brand, good, safe products, high – quality and good service perception.
Weaknesses
Products haven’t clicked, Activa apart. Unwilling to take a chance. So far no flair.
Opportunities
Has a vast array of global products it can pick and choose from for Indian launches.
Can use Hero Honda as a strategic.
Threats
Takes its own sweet time to introduce new and upgraded products. Playing it safe
may not be the safest strategy in the Indian market scenario today.
KINETIC ENGINEERING LIMITED
Strengths
Strongest scooter brand in the country. Young management.
Weaknesses
Strongest scooter brand in the country. Quality perception is low and dealership
quality perception is also low. Products have been criticized for low attention to
detail, finish issues and built quality.
OPPORTUNITIES
Two promising tie – ups, a stellar range of almost fourteen new scooters in the wings.
THREATS
Quality control and attention to detail rising, but still a bit lower than the industry
average. Motorcycle programmer continues to flounder.
LML LIMITED
Strengths
Can produce some striking products.
Weaknesses
Product excellence isn’t consistent; dealer network.
Opportunities
New finance, new structure and new focus could be what LML needs to return to the
fray all guns blazing.
Threats
LML’s growth curve could be made decidedly steeper with Bajaj’s new aggression,
Honda’s renewed attempts to sweep the market and the entry of Suzuki and the
general competence of all the India two – wheeler players.
TVS MOTOR LIMITED
Strengths
Classy engineering, great motors have always been TVS’ forte. Other parts of the
puzzle coming into place slowly.
Weaknesses
Product packaging, timing are still improving. The Apache was the first sign of this.
TVS will need to work faster also.
Opportunities
Quicker turn – around on R & D will re – energies the brand. TVS needs to capitalize
on the weakness of Japanees brands now.
Threats
Traditionally long production ramp – ups and slow product cycles will hurt.
YAMAHA MOTORS
Strengths
Enduring, resilient performance biking image (despite meek products, it has persisted)
Weaknesses
Current product line does not match brand image. Product cycle has been too slow.
Opportunities
Auto Expo displays suggest a more serious, on the move company. Fazer 250 and all
– out sporty 150s could turn sales around.
Threats
Bajaj, Honda/Hero Honda is playing the game with gusto already. Bajaj has usurped
the image Yamaha normally occupies internationally.
PORTER’S FIVE FORCES MODEL OF AUTOMOBILE
INDUSTRY
Barriers to entry
Threat of substitutes
High capital costs, technology, distribution network, and
availability of auto components
Threat of substitutes is low because of lower functional
performance.
.
Bargaining power of
suppliers
Low, due to stiff competition and its fragmented nature.
Bargaining power of
customers
Very high due to availability of options
CompetitionExcept for heavy CV segment, competition is stiff. Expected
to increase even further.
PORTER’S FIVE FORCES MODEL OF AUTOMOBILE
INDUSTRY
HIGH
HIGH
LOW
LOWHIGH
PROSPECTS-:
The government spending on infrastructure in roads and airports and higher GDP
growth in the future could benefit the auto sector in general. This combined with a
softer interest rate environment will play a vital role in providing a fillip to demand.
We expect a slew of launches in the Segment 'B' of passenger cars. Utility vehicle
segment is expected to grow at around 8% in the long-term.
In the two-wheeler sector, motorcycle segment is expected to witness a flurry of new
model launches. Though the market size is expected to grow by 12% -15%,
competitive pressure could keep prices and margins under control. While geared
scooter and moped segments could see a fall in volumes, TVS, Honda and Kinetic
Motors are poised to benefit from higher demand for unguarded scooters in the urban
and rural market. However, Bajaj and Hero Honda are also planning to enter in this
segment and to that extent, competition is likely to increase
The reduction in peak customs duty from 25% to 20% in the budget will result in
savings on the raw material front as well. Since raw material costs account for almost
50% of operating costs of auto companies in general, this is a positive. Also, steel
prices have shown some signs of softening and this is likely to have a positive impact
on the margins
MARKET SURVEY
There are different types of survey methods:
Market Survey
Telephone Personal Mail Electronic
Interviewing Interviewing Interviewing Interviewing
Traditional In-Home Mail E-
Computer- Mall Mail
Internet
Assisted Intercept Panel
Computer-
Assisted
In my market survey I have used the mall intercept in personal interviewing. In this
method I have prepared the questionnaire. Main aim preparing for this questionnaire
for increase the sales, provide the extra facility which customer wants, add the some
extra features in new product launch, and short out the customer problems.
0
5
10
15
20
25
30
%
%
Bike Brand
% of bike brand have the customers
suzuki
herohonda
bajaj
tvs
kinetic
lml
yamaha
others
SURVEY ANALYSIS
1. WHICH BIKE BRAND / MODEL DO YOU HAVE?
Bike brand %Suzuki 3Hero Honda 30Bajaj 30TVS 12Kinetic 5LML 8Yamaha 10Others 2
Now most of customers use the Bajaj and Hero Honda bikes, so these are two
companies are play the major player role in the Indian two wheeler market.
0
10
20
30
40
50
60
70
%
kick start selfstart kick/selfstart
Prefered statrs
%
3. DO YOU PREFER KICK START OR SELF START OR KICK / SELF
START IN YOUR BIKE ?
Most of customers preferred kick / self start.
Preferred starts %
Kick start 5
Self start 25
Kick/Self start 70
0
2
4
6
8
10
12
14
16
Ranks
Rank for current milage
Bike Models
Ranking according to current milageHeat
Zeus
Discover 125
Wind 125
Victor Edge
Victor GLX
Glamour
Shine
Super Splender KS
Super Splender FS
GF 125
Fazer
Fazer DIX
Fazer DX
Fazer LX
Freedom Prima 125
4. IF YOU ARE USEING THE 125CC BIKE PLEASE RANK THE 16
MODELS ACCORDING TO THE CURRENT MILEAGE ?
According to these analysis customers gives the 1 rank of Discover 125cc for
current mileage.
Bike Models Rank for current mileageHeat 16Zeus 13Discover 125 1Wind 125 4Victor Edge 8Victor GLX 5Glamour 7Shine 14Super Splender KS 2Super Splender FS 3GF 125 15Fazer 9Fazer DIX 12Fazer DX 11Fazer LX 10Freedom Prima 125 6
01020304050607080
%
Yes No
Current mileage
Satisfy with current mileage
%
5. ARE YOU SATISFY WITH CURRENT MILEAGE ?
Most of customers satisfy with current mileage.
Current mileage %
Yes 75
No 25
0
10
20
30
40
50
60
70
%
Authorized workshop Local workshop
Provide services
Service preferred for the bike
%
6. WHICH SERVICE DO YOU PREFER FOR YOUR BIKE ?
Here is 65% customers prefer the authorized service for bike servicing and bike
maintenances.
Preferred workshop %
Authorized workshop 65
Local workshop 35
7. IF YOU GO TO THE LOCAL WORKSHOP PLEASE GIVE THE
REASONS.
Some customers use the local workshop also because finish the after free service
which is provided by the company. After finish this free service bike required
servicing. So some customer can’t afford go to the authorized service centers for
the bike servicing.
01020304050607080
%
Yes No
Servicing
Bike sevicing in own presence
%
8. WOULD YOU LIKE TO THE BIKE SERVICING IN YOUR
PRESENCE ?
Here also 75% of customer wants to bike servicing in own presence.
Servicing in own presence %
Yes 75
No 25
0
20
40
60
80
100
%
Yes No
Remind due dates
Remind the due dates for servicing by the company
%
9. WOULD YOU LIKE TO COMPANY REMIND TO ABOUT THE DUE
DATES OF SERVICES ?
From this analysis customers are very happy with this facility provide by the
company.
Remind due dates %
Yes 98
No 2
0
10
20
30
40
50
60
%
2 hour 3-5 hour 1 day More then1 day
Takes time
Takes time in bike servicing by the service center
%
10. HOW LONG TO TAKE TIME FOR BIKE SERVICING BY THE
SERVICE CENTER ?
According to the analysis 60% service centers takes 2hours, 25% service centers
takes 3-5hours, 10% service centers takes 1day and 5% service centers takes
more then 1 day for the bike servicing.
Takes time %
2 hour 60
3-5 hour 25
1 day 10
More then 1 day 5
0
5
10
15
20
25
30
%
3 4 5 6 Morethen 6
Free services offered
Free services offering by the company
%
11. HOW MANY OFFERING FREE SERVICES TO YOUR BIKE BY THE
COMPANY ?
Mostly companies offer to the 4 and 5 free services for bike. Some companies
offer 6 services, less companies offer 3 services and very less companies offer
more then 6 services.
Free services %
3 17
4 30
5 30
6 18
More then 6 5
0
20
40
60
80
100
%
Yes No
Booking servicing
Service center provide the facilty for booking servicing
%
12. IF SERVICE CENTER PROVIDE THE FACILITY OF BOOKING FOR
THE SERVICING , WILL YOU USE IT ?
From this analysis huge number of customers use this service and enjoy this
service provide by the service centers.
Facility for booking service %
Yes 95
No 5
0
10
20
30
40
50
60
70
%
Yes No
Facing problem
Shortly after ervice facing the problem in bike
%
13. DID YOU FACED POBLEMS SHORTLY AFTER THE SERVICING ?
In this analysis 70%of customers are not faced the problem shortly after the
servicing and 30% of customers faced the problems shortly after the servicing.
Faced problem %
Yes 30
No 70
0
10
20
30
40
50
60
Higher Reasonable Lower
Price charged for spare parts by the service center
%
14. WHAT DO YOU FEEL ABOUT THE PRICE CHARGED FOR SPARE
PARTS BY THE SERVICE CENTER?
In this analysis higher price charged for spare part by the service centers.
Price of spare parts %
Higher 55
Reasonable 44
Lower 1
0
5
10
15
20
25
30
%
%
Bike brand name
Preferred bike brand in 125cc
Suzuki
Bajaj
Hero Honda
TVS
Yamaha
Kinetic
LML
15. WHICH BIKE BRAND/ MODEL DO YOU PREFER IN 125CC ?
In this analysis prefer the large number of Hero Honda bikes in 125cc, after that
prefer Bajaj bikes, and prefer the small number of Kinetic bikes in 125cc by the
customers.
Here I have analysis according to the different – different bike models in
different bike Brands in 125cc which is preferred by the customers.
Bike Brand %Suzuki 2Bajaj 25Hero Honda 30TVS 18Yamaha 8Kinetic 4LML 13
Suzuki models
Heat
Zeus
SUZUKI MOTORCYCLES INDIA PVT.LTD.
Suzuki Models %
Heat 45
Zeus 55
Hero Honda models
Glamour
Super splender FS
Super splender KS
Shine
HERO HONDA MOTORS LTD.
Hero Honda models %
Glamour 20
Super splender FS 30
Super splender KS 45
Shine 5
Bajaj Auyo Ltd.
Discover 125
Wind 125
BAJAJ AUTO LTD .
Bajaj Mdels %
Discover 125 45
Wind 125 55
TVS motors
Victor Edge
Victor GLX
TVS MOTORS LTD.
TVS Models %
Victor Edge 35
Victor GLX 65
Kinetic Models
%
KINETIC MOTORS
Kinetic Model %
GF 125 100
Yamaha models
Fazer
Fazer DIX
Fazer DX
Fazer LX
YAMAHA MOTORS INDIA PVT.LTD.
Yamaha models %
Fazer 45
Fazer DIX 30
Fazer DX 15
Fazer LX 10
LML models
%
LML (INDIA) LTD.
LML models %
Freedom prima 125 100
RECOMMENDATIONS
All the analysis and research which I have done, enabled me to suggest key
strategic suggestions to TVS, they are summarized as follows-
To stimulate healthy growth, SUZUKI should go for more electronic and print
media advertising. It’s should try to increase in its presence sale in the Indian
two-wheeler market.
They should go for some promotional activities like free pollution check-up
camps, free AC check-up camps etc.for all the vehicles.
Annexure
QUESTIONNAIRE
Name ____________________________ Age _______________
years
Current Model _____________________ Place __________________
Current Occupation _________________
Annual Salary: Less than 1 lakh ( ) 1 lakh – 2 lakh ( ) 2 lakh – 3 lakh ( )
3 lakh – 4 lakh ( ) 4 lakh – 5 lakh ( ) More than 5 lakh ( )
1. Which bike brand / model do you have?
SUZUKI / ____________________ BAJAJ /
________________
HERO HONDA / _____________ TVS / __________________
LML / _______________________ KINETIC /
______________
YAMAHA / __________________
2. How many kms. do you ride ?
Less than 50 ( ) 50 – 75 ( ) 75 – 100 ( ) More than 100 ( )
{ in kms / day }
3. Do you prefer kick start or self start or kick / self start in your bike ?
Kick start ( ) Self start ( ) Kick / Self start ( )
4. If you are useing the 125cc bike please rank the 16 models according to the
current mileage ?
Heat ( ) Zeus ( ) Discover 125 (
)
Wind 125 ( ) Victor Edge ( ) Victor GLX
( )
Fazer ( ) Glamour ( ) Super Splender FS
( )
Super Splender KS ( ) Shine ( ) GF 125 (
)
Fazer ( ) Fazer DIX ( ) Fazer DX ( )
Freedom Prima 125 ( )
5. Are you satisfy with current mileage ?
Yes ( ) No ( )
6. Which service do you prefer for your bike ?
Authorized workshop ( ) Local workshop ( )
7. If you go to the local workshop please give the reasons ?
8. Would you like to the bike servecing in your presence ?
Yes ( ) No ( )
9. Would you like to company remind to about the due dates of services ?
Yes ( ) No ( )
10. How long to take time for bike service by the service center ?
2 hours ( ) 3 – 5 hours ( ) 1 day ( ) More than 1 day ( )
11. How many offering free services to your bike by the company ?
Three ( ) Four ( ) Five ( ) Six ( ) More than Six ( )
12. If service center provide the facility of booking for the servicing , will you
use it ?
Yes ( ) No ( )
13. Did you faced poblems shortly after the servicing ?
Yes ( ) No ( )
14. What do you feel about the price charged for spare parts by the service
center?
Higher ( ) Reasonable ( ) Lower ( )
15. Which bike brand/ model do you prefer in 125cc ?
SUZUKI BAJAJ HERO HONDA
Heat ( ) Discover 125 ( ) Glamour ( )
Zeus 125 X ( ) Wind 125 ( ) Super Splendor FS ( )
Super Splendor KS ( ) Shine ( )
TVS YAMAHA KINETIC
Victor Edge ( ) Fazer ( ) GF 125 ( )
Victor GLX ( ) Fazer DIX ( )
Fazer DX ( )
Fazer LX ( )
LML
Freedom Prima 125 ( )
BIBLIOGRAPHY
www.suzukimotorcycle.co.in
www.bajajauto.com
www.tvsmotor.com
www.herohonda.com
www.kineticindia.com
www.yamaha-motor-india.com
www.lml.com
www.honda.com
www.indiabike.com
Bike magazines