tata motorsnitin 8305394430
TRANSCRIPT
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PREFACE
I am pleased to present the project report on- " Customers Relationship of
Tata Motors before my respected readers. It is my Humble presentation of
Advertisement Strategies and to explain them.
Language of the report is simple and lucid. Attempts have been made to
arrange the subject matter in a systematic and well-knit style. Efforts have
also been made to deal with all topics precisely and gently.
I express thanks to all those prolific teachers and experts of management
whose theories and ideas have been incorporated in this project report.
Despite of this it is very difficult to be perfect to the core and mistakes do
creep in for which I extend my apology and carve the hospitality of the
readers to point them out. Their criticism and suggestions for the
improvement in future are welcomed.
YASMEEN KHAN
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ACKNOWLEDGEMENT
Preparing a project of this nature is an arduous task and I was fortunate
enough to get support from a large number of persons. Iwish to express my
deep sense of gratitude to all those who generously helped in successful
completion of this report by sharing their invaluable time and knowledge.
It is my proud and previledge to express my deep regards to Respected Mr.
Anand Tiwari, Head, Faculty Of B.B.A. Department, Govt. Autonomous
Girls P.G. College of Excellence Sagar for allowing me to undertake this
project.
I feel extremely exhilarated to have completed this project under the able
and inspiring guidance ofMrs. Shikha Urmil Khan He rendered me all
possible help and guidence while reviewing the manuscript in finalising the
report.
I also extend my deep regards to my teachers, family members, friends and
all those whose encouragement has infused courage in me to complete the
work successfully.
YASMEEN KHAN
B.B.A. IIND Sem.
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CERTIFICATE
Date:
The project report titled COSTOMER RELATIONSHIP OF TATA
MOTORS has been prepared by Miss. YASMEEN KHAN, IInd Batch,
under the guidance and supervision ofMrs. Shikha Urmil Khan , for the
partial fulfillment of the degree of B.B.A.(Hon).
Signature of the Signature of Signature of
Supervisor: Head of the the examiner
Department:
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DECLARATION BY THE CANDIDATE
Date:
I declare that the project report titled CUSTOMER RELATIONSHIP OF
TATA MOTORS is my own work conducted under the supervision ofMrs.
Shikha Urmil Khan, Department Of Business, Management, Faculty Of
B.B.A. Department, Govt. Autonomous Girls P.G. College of Excellence.
To the best of my knowledge the report does not contain any work, which
has been submitted for the award of any degree, anywhere.
. YASMEEN KHAN
2th Semester
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TABLE OF CONTENTS
Preface
Acknowledgement
Certificate
Declaration by the Candidate
1. Introduction
2. History
3. Joint Venture
4. Important Development
5. Line of Objectives
6. Future Challenges
7. Research methodology
8. Data analysis and interpretation
9. Self designed advertisement
10.Findings
11.Conclusion
12.Suggestions
13.Limitations
Bibliography
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Introduction
India is an emerging country with huge potential. The domestic
economy is now growing at around 9-10% per annum and Indias
importance in global terms is being reinforced by rapidly rising
exports and domestic consumption. At a time when numbers of a
slowdown and overheating in the Indian economy have started
gaining momentum, the Indian rupee sprang a surprise by
pushing the GDP figure past the trillion-dollar (42,00,000 crore)
mark.
The automotive industry is at the center of Indias new global
dynamic. The domestic market expanding rapidly as incomes rise
and consumer credit becomes more widely available.
Manufacturers product lines are being continually expanded, as
is the local automotive manufacturing base. Expectation are high
that India can develop as a global hub for vehicle manufacturers
and as an outsourcing center that offers the global automotive
industry solution high up the automotive value chain.
India eyes 25 million automotive jobs.
India's GDP is set to double over the next
decade
In percentage terms, the automotive
industry's contribution should also double.
In dollar terms, the sector's contribution is
set to quadruple to some $145bn
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With the worlds second largest and fastest-growing
population, there is no denying Indias potential in both
economic and population terms and the effect it will have on
the auto industry in the years to come. The country is
already off to a good start, with a well-developed
components industry and a production level of 1 million four-
wheeled vehicles a year, plus a further 5 million two- and
three-wheelers.
Historical back ground
In India there are 100 people per vehicle, while this
figure is 82 in China. It is expected that Indian
automobile industry will achieve mass motorization
status by 2014.
Since the first car rolled out on the streets of Mumbai (then
Bombay) in 1898, the Automobile Industry of India has come a
long way. During its early stages the auto industry was
overlooked by the then Government and the policies were also
not favorable. The liberalization policy and various tax reliefs by
the Govt. of India in recent years has made remarkable impacts
on Indian Automobile Industry. Indian auto industry, which is
currently growing at the pace of around 18 % per annum, has
become a hot destination for global auto players like Volvo,General Motors and Ford. A well developed transportation system
plays a key role in the development of an economy, and India is
no exception to it. With the growth of transportation system the
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Automotive Industry of India is also growing at rapid speed,
occupying an important place on the 'canvas' of Indian economy.
Today Indian automotive industry is fully capable of producing
various kinds of vehicles and can be divided into 03 broadcategories: Cars, two-wheelers and heavy vehicles.
The first automobile in India rolled in 1897 in Bombay.
India is being recognized as potential emerging auto
market.
Foreign players are adding to their investments in Indian
auto industry.
Within two-wheelers, motorcycles contribute 80% of the
segment size
Unlike the USA, the Indian passenger vehicle market is
dominated by cars (79%).
Tata Motors dominates over 60% of the Indian
commercial vehicle market.
2/3rd of auto component production is consumed
directly by OEMs.
India is the largest three-wheeler market in the world.
India is the largest two-wheeler manufacturer in the
world.
India is the second largest tractor manufacturer in the
world.
India is the fifth largest commercial vehicle
manufacturer in the world.
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The number one global motorcycle manufacturer is in
India.
India is the fourth largest car market in Asia - recently
crossed the 1 million mark.
FOUNDATION - The seeds of what would mature
and become today's Tata group were laid long
years before India became independent.
CONSOLIDATION - The Tata group ventured into new
areas and built on the foundations, in spite of the
restraints imposed by a controlled economy.
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LIBRILISATION -The Indian economy unleashed a
period of remarkable growth for the Tata group, in
India and worldwide.
FIVE CORE VALUES OF TATA
The Tata Group has always sought to be a value-driven
organization. These values continue to direct the Groups
growth and businesses. The five core Tata values
underpinning the way we do business are:
Integrity: We must conduct our business fairly, with
honesty and transparency. Everything we do must stand
the test of public scrutiny.
Understanding: We must be caring, show respect,
compassion and humanity for our colleagues and customers
around the world, and always work for the benefit of the
communities we serve.
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Excellence: We must constantly strive to achieve the
highest possible standards in our day-today work and in the
quality of the goods and services we provide.
Unity: We must work cohesively with our colleagues across
the Group and with our customers and partners around the
world, building strong relationships based on tolerance,
understanding and mutual cooperation.
Responsibility: We must continue to be responsible,
sensitive to the countries, communities and environments in
which we work, always ensuring that what comes from the
people goes back to the people many times over.
Company profile
The largest passenger automobile and commercial vehicle
manufacturing company of India Tata Motors Limited, was
formerly called TELCO (TATA Engineering and Locomotive
Company), has its headquarters in Bombay, now Mumbai, India.
Established in 1945, listed on the New York Stock Exchange in
2004 has created Rs. 320 billion wealth and was one of the top
10 wealth creators in India, with manufacturing facilities in the
towns of Jamshedpur, Lucknow, and Pune. This company was
founded by Jamshetji Tata and is run by Ratan Tata under the
flagship company known as Tata and sons group. He commands
22000 employees working in three plants as well as other
regional and zonal offices across the length and breadth of India.
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Tata motors passenger cars still need to reach acceptable
international requirements. The company commands an imposing
65% share of the domestic commercial vehicle market and is
trying to modernize this segment. The financial business of Tatamotors was separated into a subsidiary company in sep. 2006,
where it recorded a strong financial performance during the last 5
year period. From year 2005-2009, the profits of the company
went up at a CAGR of 36.4%, to attain Rs. 331, 525 million in
2008from Rs. 95, 731 Million in 2003. By floating two rights
issues at the end of Sep 2009 Tata Motors Ltd expected to raise
Rs 4, 150 crores. They are offering one ordinary share valued at
Rs. 340 every six shares expecting to net Rs. 2.90 Crores, the so
called A share would have different voting and dividend rights,
for every such 6 shares held at a face value of 305 would raise
Rs. 1.960 Crores, these proceed would be utilized for an early
repayment of the short term funding of 2.3 Billion $ (Rs. 10,189
Crores) Borrowed for Acquisition of jaguar and Land Rover from
their principle The Ford Motor Companys.
As TATA MOTORS is regarded as one of the best fuel efficient
cars. Hence I conducted a study on the consumer perception
about small cars. Firstly, I took three brands of small cars; Zen
estilo,
Indica and Santro for a comparative study of small car segment.
Later I went through the process of filling the questionnaires, to
know exactly what the customers of small cars perceived about
their cars. Tata motors were established on September 1, 1945,
originally for the manufacture of Steam Locomotives at
Jamshedpur.
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All the cars taken for the sample showed that the consumers
perceived them as almost same in all the attributes like safety,
comfort and luxury. But, at the end the research was limited due
to small sample size, small sample area and time constraints.
TELCO (TATA Engineering and Locomotive Company)
Multinational Corporation.
Headquarters in Mumbai.
India's largest passenger automobile and commercial
vehicle manufacturing company.
World's 19th largest automaker.
Sales: 19,654.41cr.
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Stock price: Rs. 347
In 1969 Tata motors had become an independent producer of
Medium Commercial Vehicles. It had also developed the
capability of designing, testing and manufacturing such vehicles.Leading commercial vehicle manufacturer and has significant
presence in the multi-utility and passenger car segments.
With the Launch of Tata Indica, a Euro 2 compliant vehicle is the
countrys first indigenously designed, developed and
manufactured passenger car.
With the launch of Tata nano, Tata has penetrated the market to
its extreme by making a car available for Rs. 132000 only. This is
the cheapest car in India till date and with the announcement of
its diesel variant it has made potential buyers to eagerly wait for
it.
Products of TATA Motors
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[1] Passenger cars and utility vehicles
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[2]Commercial vehicles
[3] Military vehicles
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[4] Concept vehicles
2000 Aria Roadster
2001 Aria Coupe
2002 Tata Indica
2002 Tata Indica
2004 Tata Indigo Advent
2005 Tata Xover
2006 Tata Cliffrider
2007 Tata Elegante
2009 Tata Prima
MARKETING STRATEGIES
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TATA unveiled its long awaited 1 Lakh rupee car (actually a
little over 1 lakh after tax) for the masses and they call it
The Peoples Car. Its a sweet looking small car, just
enough to take four people around the city. 1 Lakh rupees
roughly translate to 2500 rupees monthly installment and
because of this reason TATA is expect to sell record breaking
numbers and leave Indian roads blocked.
TATA Nano will hit the roads and as it is a definite threat to Maruti
800. TATA stated that the initial production of this car will be of250,000 a year. After about four years of hard efforts TATA Nano
(1 lakh rupee car) was on road now.
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The introduction of the Nano received media attention due to its
targeted low price. The car is expected to boost the Indian
economy, create entrepreneurial-opportunities across India, as
well as expand the Indian car market by 65%. The car wasenvisioned by Ratan Tata, Chairman of the Tata Group and Tata
Motors, who has described it as an eco-friendly "people's car".
Nano has been greatly appreciated by many sources and the
media for its low-cost and eco-friendly initiatives which include
using compressed-air as fuel and an electric-version (E-Nano).
Tata Group is expected to mass manufacture the Nano,
particularly the electric-version, and, besides selling them in
India, to also export them worldwide.
Critics of the car have questioned its safety in India (where
reportedly 90,000 people are killed in road-accidents every year),
and have also criticized the pollution that it would cause
(including criticism by Nobel Peace Prize winner Rajendra
Pachauri). However, Tata Motors has promised that it would
definitely release Nano's eco-friendly models alongside the
gasoline model.
The Nano was originally to have been manufactured at a new
factory in Singur, West Bengal, but increasingly violent protests
forced Tata to pull out October 2008. Currently, Tata Motors is
reportedly manufacturing Nano at its existing Pantnagar
(Uttarakhand) plant and a mother plant has been proposed for
Sanand Gujarat. The company will bank on existing dealer
network for Nano initially. The new Nano Plant could have a
capacity of 500,000 units, compared to 300,000 for Singur.
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Gujarat has also agreed to match all the incentives offered by
West Bengal government.
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Currents facts
TodayAdvertising is one of the most common ways to make
car buyer or car enthusiast aware of the new car with special
promotion price. Another more important way of advertising
is to create an image or brand image. Take BMW Z3 for
example, it was introduced in 1996 and shortly the car has
been used in the famous James Bond movie. Over the years
Tata Motors have been successful in creating their brand
image.
The packaging, innovations, and quality control. Tata Motors
provide many innovative features to attract car lover. One of
these innovations is the Tata Safari 4X4 Dicor that has
Reverse Guide System. A weather-proof camera is fixed tothe rear car to help the driver while reversing the car.
There are various factors to determine a price of a car.
These factors are such as market condition (it cant be too
low or too high with the prices of same vehicle from
competitors, it has to be at par), cost incurred to build a car,
profit by company, dealer profit. Giving discount every
month and special promotion for certain type of vehicle also
one of the strong strategy use by Tata Motors. Discount can
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be made from Companys profit or from dealers profit at
certain range.
Place of dealership does play an important role. The channel
of distribution, physical location, and dealership method of
distribution and sales is generally adopted. The distribution
of vehicle must be in a very systematic way, from the plant
to dealership and to end user. This is not only in India itself
but also to the world-wide dealership.
OUTLOOK OF INDUSTRY
The industry witnessed a change in demand dynamics in last few years. The
demand for LCVs in the 35.2 tones is witnessing a surge while
demand for semi-trailers in 26.4 to 35.2 tones segment is suffering. This
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structural shift in demand dynamics is due to the evolution of Hub & Spoke
model of distribution, which is now adopted by transportation players because
of improved road infrastructure and also the ban on trucks in many cities by
the authorities to tackle the traffic congestion issues. According to the Hub &
Spoke model, HCVs plying over the highways to transport goods to different
states and districts, while MCVs are used in distributing goods to different cities
and the last leg of distribution in intra city is done by using
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15 owned two wheelers and
5 dont nothing
Q2) Which car do you own?
a) zen estilo b) santro c) indica d) others
From that it was found that:-
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8 people owns zen estilo
18people owns indica
9 people owns santro
5 people owns others
Q3) Are you satisfied with it?
A) Yes b) No
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From that it was found that:-
25 were satisfied and
15 were not.
(4) Car customers
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Q5) How much do you spend on maintenance on a
monthly basis?
a)4000
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From that it was found that:-
25 %spends below 2000
10% spends between 2000-4000
5 %spends above 4000
PROBLEM DEFINATION
Consumer says something and does something. There aremany companies manufacturing motorcycles into the
market, at the same time as there are many companies
manufacturing motorcycles, idea about thinking of customer
on whether, what, how, and for whom to purchase the CAR.
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Therefore, research is required to measure present
consumer buying behavior at the purchase of TATA cars. So
the researcher problem is to identify what are the criteria
that prospective customer takes into consideration before
buying the cars.
SCOPE OF STUDY
(1)The main scope of the study is depend to consumer
response
(2) It also analysis the benefits accruing to the company as
a result of those service.
(3) This study has been made to find the level of satisfaction
the Customer has regarding the service provider by car
place.
Limitations of study
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(1) When the buyers are busy we cant get accurate
data from them.
(2) According to the time limit of our project we can
cover only the some area.
(3) During survey some respondents may not give
answer in proper manner.
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OBJECTIVES OF STUDY
(1)To know market position of Tata automobile in the
market.
(2)To know consumer behavior for purchase of four
wheeler.
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Research methodology
Research Methodology: The data for the project was
collected from malls, customers at showrooms, markets and
from public also.
Sample Size: Sample size of 60 was taken based on
convenient Simple Random Sampling.
Research Tools: The data was collected through Survey
Questionnaire Method.
Data Collection: Data was collected through the following:-
Primary sources: Questionnaire from General public
Secondary Sources: Magazines, newspapers, Internet.
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Questionnaire
Questionnaire is a source of Primary Data.
It is a simple way to collect data from general public
Multiple choice questions were given to the
respondents and they were asked to fill their opinion.
The data was then analyzed and inferences were drawn
on that basis.
Sample of a questionnaire
1. WHAT IS YOUR SALARY?
1 LAC 1 LAKH -3 LAKH
3LAKH-5LAKH 5LAKH2. WHICH VEHICLE DO YOU OWN?
_____________________________________________________________
________________________
3. DID YOU RIDE SOME OTHER VEHICLE BEFORE THIS?
YES NO
4. WHAT IS YOUR EXPERIENCE FROM THE PREVOIUS
VEHICLE?
SATISFIED NOT SATISFIED
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5. WHICH IS THE MOST ESSENTIAL THING YOU PREFER
WHILE BYING VEHICLE?
PRICE MILEAGE POWER
STEERING OTHERS
6. DOES TV AD APPEAL YOU?
YES NO
7. DO YOU LIKE TV PROGRAMMES ON CAR?YES NO
8. DOES BRAND VALUE AFFECT YOUR DECISION ON
BUYING VEHICLE?
YES NO
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BIBLIOGRAPHY
1. Philip Kotler, Kevin Keller (2009),
Marketing Management (Thirteenth Edition)
2. Marketing Management, The McGraw.HillCompany Rajan Saxena (Third Edition)
MAGAZINES:
A) OUTLOOK BUSINESS (FEB, 2009)
B) BUSINESS STANDARD (April-July 2009)
C) 4PS OF BUSINESS AND MARKETING (June 2009)
D) BUSINESS TODAY - Pick and Choose
INTERNET:
1. Tata Motors' Official Website
2. Wiki - Tata Motors Ltd
8. htttp://www.moneycontrol/com/tata- group/Tata motors
9. http://www.yahoofinance.com/tatamotors
10.http://www.carwale.com/research/cars
http://www.carwale.com/research/carshttp://www.carwale.com/research/cars