Professional Documents
Culture Documents
SUBMITTED BY: San eev !umar &e'" (o" )**+*,+-. ,nd Semester
Maruti 'reated ist%r, b, &%in& int% +r%du'ti%n in a re'%rd "5 m%nt s- Maruti is t e i& est /%lume 'ar manu(a'turer in Asia* %utside 1a+an and K%rea* a/in& +r%du'ed %/er ? milli%n /e i'les b, Ma, 7<<?- Maruti is %ne %( t e m%st su''ess(ul aut%m%bile .%int /entures* and as made +r%(its e/er, ,ear sin'e in'e+ti%n till 7<<<0<"- In 7<<<0<"* alt %u& Maruti &enerated %+eratin& +r%(its %n an in'%me %( Rs #7-? billi%n* i& de+re'iati%n %n new m%del laun' es resulted in a b%%k l%ss-
History of Maruti
In "#>< * San.a, @and i t e s%n %( Indira @and i en/isi%ned t e manu(a'ture %( an indi&en%us * '%st e((e'ti/e * l%w maintenan'e '%m+a't 'ar (%r t e Indian middle 'lass - Indira @and i:s 'abinet +assed a unanim%us res%luti%n (%r t e de/el%+ment and +r%du'ti%n %( a +e%+le:s 'ar- San.a, @and i:s '%m+an, was ' ristened Maruti limited- T e name %( t e 'ar was ' %sen a(ter a Aindu deit, named Maruti Ltd- T at time Aindustan M%t%rs: Ambassad%r was t e ' ie( 'ar and t e '%m+an, ad '%me %ut wit a new entrant t e +remier )admini t at w%rked sl%wl, &ainin& a +art %( t e market s are d%minated b, t e ambassad%r- !%r t e ne=t ten ,ears t e Indian 'ar market ad sta&nated at a /%lume %( 5<*<<< t% ;<*<<< 'ars (%r t e de'ade endin& "#$5-
San.a, @and i was awarded t e e='lusi/e '%ntra't and li'ense t% desi&n* de/el%+ and manu(a'ture t e B)e%+le:s 3ar-C T ese e='lusi/e ri& ts %( +r%du'ti%n &enerated s%me 'riti'ism in 'ertain 6uarters* w i' was dire'tl, tar&eted at Indira @and i- 4/er t e ne=t (ew ,ears t e '%m+an, was sidelined t% Dan&lades liberati%n war and emer&en',-
In t e earl, da,s under t e +%wer(ul +atr%na&e %( San.a, @and i t e '%m+an, was +r%/ided wit (ree land* ta= breaks and (unds- Till t e end %( "#>< t e '%m+an, ad n%t started t e +r%du'ti%n and a +r%t%t,+e test m%del was wel'%med wit 'riti'ism and ske+ti'ism- T e '%m+an, went int% li6uidati%n IN "#>>- T e media +er'ei/ed it t% be an%t er area %( &r%win& '%rru+ti%n- Un(%rtunatel, Maruti:s started t% (l, %nl, a(ter t e deat %( San.a, @and i* w en Suzuki m%t%rs .%ined t e &%/ernment %( India as a .%int /enture +artnered wit ?<9 s are- A(ter is deat Indira @and i de'ided t at t e +r%.e't s %uld n%t be all%wed t% die- Maruti:s entered int% t is '%llab%rati%n wit Suzuki m%t%rs- T e '%llab%rati%n eralded a
re/%luti%n in t e Indian 'ar industr, b, +r%du'in& t e maruti0$<<- It 'reated a re'%rd %( takin& "5 m%nt s time t% &% (r%m desi&n t% r%llin& %ut 'ars (r%m a +r%du'ti%n line-
T e +r%du'ti%n %( Maruti0$<< in "#$5 marked t e be&innin& %( a re/%luti%n in t e Indian aut%m%bile industr,- It br%u& t in t e latest te' n%l%&, %( t at time m%re (uel e((i'ien', and l%wer +ri'es t at led t% t e 'reati%n %( a u&e market (%r all 'ar se&ments as t e Indian* middle 'lass &rew in size- T is in turn br%u& t in m%re +la,ers in t is se&ment- A number %( au=iliar, 'ar +arts makin& units were set u+ as m%re 'ar manu(a'turers realized it was m%re '%st e((e'ti/e t% make t eir 'ar +arts in India rat er t an im+%rtin& t em-
Maruti:s ma.%r in(luen'e was in el+in& t e '%m+%nent industr, in t e '%untr, be'ause %( its em+ asis %n l%'alizati%n and indi&enizati%n- As in t e be&innin& t at se't%r adn:t &r%wn mu' Maruti:s ad t% start d%zens %( .%int /entures wit Indian entre+reneurs- It &%t t em (r%m (%rei&n '%llab%rati%ns t at led t% '%llab%rati%ns (%r %t er manu(a'turers s% t at %/er a +eri%d %( time t e w %le '%m+%nent industr, was able t% u+&rade itsel( and im+r%/e its 6ualit, w % ad &i/en t eir in'%me leadin& t% ma.%r e=istin& e=+%rt +%tential /e i'le '%m+%nents- It als% br%u& t in better met %ds %( (inan'in& t at all%wed m%re +e%+le w % &i/en t eir in'%me le/els '%uld n%t a((%rd t% bu, a 'ar %n t eir %wn* t% bu, 'ars- It still remains t e leader n%t %nl, in t e terms %( market s are but als% in 'ust%mer satis(a'ti%n sur/e,s- It as '%nsistentl, t%++ed 1-D- +%wer 6ualit, sur/e,s* in'ludin& 7<<?- D, t e ,ear "##5 t e '%m+an, ad s%ld "* #8*$7< 'ars- D, Mar' "##; it +r%du'ed " milli%n /e i'les be'%min& t e (irst Indian '%m+an, t% 'r%ss t e 7 milli%n mark in 4't%ber* "##> and r%lled %ut ; milli%nt /e i'les as Alt%0LE -T en it intr%du'ed Fa&%n0R (%ll%wed b, Swi(t - Swi(t as been a &reat su''ess in t e market -In 7<<> Maruti 'ame u+ wit SE; and @rand 2itara- Maruti Suzuki is %ne %( IndiaGs leadin& aut%m%bile manu(a'turers and t e market leader in t e 'ar se&ment* b%t in terms %( /%lume %( /e i'les s%ld and re/enue earned- Until re'entl,* "$-7$9 %( t e '%m+an, was %wned b, t e Indian &%/ernment* and ?;-79 b, Suzuki
Sri Sai University0 1a2am%ur
%( 1a+an- T e Indian &%/ernment eld an initial +ubli' %((erin& %( 7?9 %( t e '%m+an, in 1une 7<<5- As %( "< Ma, 7<<>* @%/t- %( India s%ld its '%m+lete s are t% Indian (inan'ial instituti%ns- Fit t is* @%/t- %( India n% l%n&er as stake in Maruti suzuki india limited-
Maruti suzuki india limited was establis ed in !ebruar, "#$"* t %u& t e a'tual +r%du'ti%n '%mmen'ed in "#$5 wit t e Maruti $<<* based %n t e Suzuki Alt% kei 'ar w i' at t e time was t e %nl, m%dern 'ar a/ailable in India* its %nl, '%m+etit%rs0 t e Aindustan Ambassad%r and )remier )admini were b%t ar%und 7? ,ears %ut %( date at t at +%int- T r%u& 7<<;* Maruti Suzuki as +r%du'ed %/er ? Milli%n /e i'les- Maruti Suzukis are s%ld in India and /ari%us se/eral %t er '%untries* de+endin& u+%n e=+%rt %rders- M%dels similar t% Maruti Suzukis (but n%t manu(a'tured b, Maruti suzuki india limited) are s%ld b, Suzuki M%t%r 3%r+%rati%n and manu(a'tured in )akistan and %t er S%ut Asian '%untries-
T e '%m+an, annuall, e=+%rts m%re t an ?<*<<< 'ars and as an e=tremel, lar&e d%mesti' market in India sellin& %/er >5<*<<< 'ars annuall,- Maruti $<<* till 7<<;* was t e IndiaGs lar&est sellin& '%m+a't 'ar e/er sin'e it was laun' ed in "#$5- M%re t an a milli%n units %( t is 'ar a/e been s%ld w%rldwide s% (ar- 3urrentl,* Maruti Suzuki Alt% t%+s t e sales ' arts and Maruti Suzuki Swi(t is t e lar&est sellin& in A7 se&ment-
Due t% t e lar&e number %( Maruti $<<s s%ld in t e Indian market* t e term HMarutiH is '%mm%nl, used t% re(er t% t is '%m+a't 'ar m%del- Till re'entl, t e term HMarutiH* in +%+ular Indian 'ulture* in India AinduGs l%rd Aanuman is kn%wn as HmarutiH* was ass%'iated t% t e Maruti $<< m%del-
Mr"
Mr"
1. 800 (Launched 1983) 2. Omni (Launched 1984) 3. Gypsy (Launched 1985) 4. WagonR (Launched 2000) 5. !"o (Launched 2000)
#. $%i&" (Launched 2005) '. (s"i!o (Launched 2009) 8. $)4 (Launched 200') 9. $%i&" *+i,e (Launched 2008) 10. -s"a, (Launched 2008)
11. Ri". (Launched 2009) 12. (eco (Launched 2010) 13. G,and /i"a,a (Launched 200')
MARUTI PRODUCTS
MARUTI DRIVING
T e !%ur0F eeler Industr, in India as n%t 6uite mat' ed u+ t% t e +er(%rman'e %( its '%unter+arts in %t er +arts %( t e w%rld- T e +rimar, reas%n (%r t is as been t e all0+er/asi/e re&ulat%r, atm%s+ ere +re/ailin& till t e %+enin& u+ %( t e industr, in t e mid0"##<s- T e /ari%us la,ers %( le&islati/e A'ts s eltered t e industr, (r%m e=ternal '%m+etiti%n (%r a l%n& time- M%re%/er* t e industr, was '%nsidered l%w0+ri%rit, as 'ars were t %u& t %( as una((%rdable lu=ur,H- )%st Liberalizati%n* t e 'ar market in India a/e been in a bur&e%nin& sta&e wit all t,+es %( 'ars (l%%din& t e market in %rder t% meet t e demands %( Indian 'ust%mers w % are in'reasin&l, e=+%sed t% state %( t e w%rld aut%m%biles and want t e best w en it '%mes t% +ur' asin& a 'arIt is e=+e'ted t at b, 7<5<* t e Indian 'ar market will be t e 5rd lar&est 'ar market a'r%ss t e &l%be- T e main en'%ura&in& (a't%rs (%r t e su''ess st%r, %( t e 'ar market in India are t e in'rease in t e %++%rtunit, (%r new in/estments* t e rise in t e @D) rate* t e &r%win& +er 'a+ita in'%me* massi/e +%+ulati%n* and i& %wners i+ 'a+a'it,- T e liberalizati%n +%li'ies (%ll%wed b, t e Indian &%/ernment ad been in/itin& (%rei&n +la,ers t% +arti'i+ate in t e 'ar market in India- T e re'ent trend wit in t e new &enerati%n t% &et w%rk in t e s%(tware based se't%r as led t% t e rise in t e in'%me le/el and ' an&e in t e li(est,le si&ni(i'antl,* w i' as (urt er led t% t e in'rease in t e demand (%r lu=uri%us 'ars am%n& t emT e 'ar Market in India is 'r%wded wit all /arieties %( 'ar m%dels like t e small 'ars* mid0size 'ars* lu=ur, 'ars* su+er lu=ur, 'ars* and s+%rts utilit, /e i'les- Initiall, t e m%st +%+ular 'ar m%del d%minatin& t e 3ar Market in India was t e Ambassad%r* w i' %we/er t%da, &a/e wa, t% numer%us new m%dels like A,undai* A%nda* Mer'edes0Denz* DMF* Dentle, and man, %t ers- M%re%/er* t ere are man, %t er m%dels %( 'ars in t e +i+eline* t% be laun' ed in t e 'ar market in India- S%me %( t e leadin& brands d%minatin& t e 'ar market in India at +resent are Aindustan M%t%rs* Re/a Ele'tri' 3ar 3%-* !iat India )ri/ate Ltd-* Daimler 3 r,sler India )ri/ate Ltd* !%rd India Ltd-* A%nda Siel 3ars India Ltd-* @eneral M%t%rs India* A,undai M%t%rs India Ltd-* Sk%da Aut% India )ri/ate Ltd-* and T%,%ta Kirl%skar M%t%r Ltd- Sin'e t e demand (%r (%rei&n 'ars are in'reasin& wit time* bi& brands like Mer'edes Denz*
2%lkswa&en* Ast%n Martin* !errari* and R%lls0R%,'e a/e l%n& sin'e made a (%ra, int% t e Indian 'ar market-
Tw% t in&s t at stunted &r%wt %( t e Indian aut%m%bile industr, in t e +ast a/e been l%w demand and la'k %( /isi%n %n t e +art %( t e %ri&inal e6ui+ment manu(a'turers (4EMs)- A%we/er* t e demand as +i'ked u+ a(ter t e liberalizati%n %( t e re&ulat%r, en/ir%nment* and &l%bal 4EMs w % en.%, s'ale e'%n%mies b%t in terms %( manu(a'turin& and resear' and de/el%+ment (RID) entered t e Indian market- T is as resulted in a si&ni(i'ant s i(t in t e wa, business is '%ndu'ted b, su++liers* assemblers and marketers-
Vision
T e leader in t e India Aut%m%bile Industr,* 3reatin& 3ust%mer Deli& t and S are %lder:s Fealt J A +ride %( IndiaC Fe must be an internati%nall, '%m+etiti/e '%m+an, in terms %( %ur +r%du'ts and ser/i'es- Fe must retain %ur leaders i+ in India and s %uld als% as+ire t% be am%n& t e &l%bal +la,ers-
Mission
T% +r%/ide a wide ran&e %( m%dern* i& 6ualit, (uel e((i'ient /e i'les in %rder t% meet t e need %( di((erent 'ust%mers* b%t in d%mesti' and e=+%rt markets- T% +r%/ide ma=imum /alue (%r m%ne, t% t eir 'ust%mers t r%u& '%ntinu%us im+r%/ement %( +r%du'ts and ser/i'esMaruti as a netw%rk %( 5#" sales %utlets a'r%ss 75< 'ities all %/er India- T e ser/i'e netw%rk '%/ers "*""5 t%wns and 'ities* b%lstered b, 7*";7 aut %rized ser/i'e %utlets-T e '%m+an,Gs ' an&e in strate&, and em+ asis %n de/el%+in& e((e'ti/e marketin& '%mmuni'ati%ns was t eir i& li& ts-
T e '%m+an, /%u' es (%r 'ust%mer satis(a'ti%n- !%r its sin'ere e((%rts it as been rated (b, 'ust%mers)(irst in 'ust%mer satis(a'ti%n am%n& all 'ar makers in India (%r ten ,ears in a r%w in annual sur/e,- Maruti Suzuki India Limited* a subsidiar, %( Suzuki M%t%r 3%r+%rati%n %( 1a+an* as been t e leader %( t e Indian 'ar market (%r %/er tw% de'adesDurin& 7<<>0<$* Maruti Suzuki s%ld >8;*$;7 'ars* %( w i' ?5*<7; were e=+%rted- In all* %/er si= milli%n Maruti 'ars are %n Indian r%ads sin'e t e (irst 'ar was r%lled %ut %n "; De'ember "#$5-
A-S"AR-S"$P 5 #$"HI#/
)%wered b, state %( art ##$ '' en&ine* it:s t e best (uel e((i'ient 'ar in its 'ate&%r, wit * milea&e '%min& ar%und 7<km +er liter-
/RA+!
A A D D D 3 3 3 3 Utilit, 2e i'le Utilit, 2e i'le
CAR
Maruti $<< 4MNI Zen Fa&%n R Alt% D zire SE; EE34 SFI!T @O)SO KIN@ @RAND 2ITARA
)r%du'ts $<< Alt%* Zen *Fa&%n KR* Swi(t* A0star D ZiRE* S=; 2itara* @,+s, 4mni* EE34
Price Strategy:T e +ri'e %( t e Maruti 'ar is between Rs- 7"<<<< t% Rs- "?<<<<<- Maruti K $<< is t e l%west +ri'e 'ar %( t is '%m+an,- Alt%* 4mni* Fa&%n R* are als% t e l%w +ri'e 'ar %( t e '%m+an,* Zen I Esteem are t e mid +ri'e 'ar %( t e '%m+an,- Dut @rand 2itara is t e i& +ri'e m%del %( t e '%m+an,- T e +ri'e %( 'ar is de'ided a''%rdin& t% its +r%du't /ariet,* 6ualit,* desi&n et'-
P>ace strategy:8<< New 'ar sales %utlets '%/erin& 5#5 'ities78? PMaruti True 2alue: %utlets s+read a'r%ss "88 'ities787$ Maruti Aut %rized Ser/i'e Stati%ns* '%/erin& "77< 'itiesTie u+ wit Adani &r%u+ (%r e=+%rtin& 7<<*<<< units t r%u& Mnudra +%rt @u.arat
Suggested P>ace strategy:;<< new 'ar sales %utlets in ne=t t ree ,earsS"?< new true /alue s %+s in ne=t t ree ,ears"7<< new Maruti Aut %rized Ser/i'e Stati%ns in ne=t t ree ,earsTie u+ wit %t er distribut%rs (%r E=+%rts-
Radi% Ads
S4$" Ana>ysis:-
S"R!#/"HS
QDi&&er name in t e market QTrust %( )e%+le QMaruti suzuki india limited Ltd- is t e market leader (%r m%re t an a de'adeQAas a &reat dealers i+ ' ain in t e marketQDetter a(ter sales ser/i'e
4!A #!SS!S
QE=+%rts are n%t t at &%%dQLesser diesel m%dels in t e market '%m+are t% %t ers Q@l%bal ima&e is n%t t at bi&
$PP,R",#I"I!S
Q@reat %++%rtunities t% &% &l%bal wit su''ess %( Swi(t and SE; all%/er QIntr%du'ti%n %( m%re diesel m%dels- T e diesel 'ar se&ment is &r%win& Q4++%rtunit, t% &r%w bi&&er b, enterin& int% bi&&er 'ar markets QAlread, a market leader s% &reat %++%rtunit, t% be t e kin& %( market in e/er, sta&e %( industr,
"HR!A"S
Sri Sai University0 1a2am%ur
Q!%rei&n '%m+anies enterin& marketJ s% a bi&&er t reat (r%m MN3sQT% t e market s are* as man, bi& names are '%min& in t e industr, QT ere is ardl, an, diesel m%dels QRs- " lak K Rs- "-? lak 'ar
Portfo>io Ana>ysis
DESI&E /(D :E( ESTILO is t3e fast 'ro$in' and 3as %otentia2 to 'ain su7stantia2 %rofit in t3e market"
89($70O: 4 R;: t3ere are a2so ca22ed as $i2d cats t3at are ne$
%roducts $it3 %otentia2 for success 7ut t3ere cas3 needs are 3i'3 /nd cas3 'eneration is 2o$" In auto industry of M/&UTI S;<0 #&/(D =IT/&/0 /ST/& t3ere 3as 7een im%rove t3e or'anization re%utation /s t3ey $ant successfu2 not on2y in Indian market 7ut as $e22 as in '2o7a2 market"
3 $< 3OW: It 3as 3i'3 re2ative market s3are 7ut com%ete in 2o$
'ro$t3 rate as t3ey 'enerate cas3 in e>cess of t3eir needs" M/&UTI .++0 /LTO /(D 8/#(O& 3ave fa22en to 2adder - 6 < due to introduction of :E( EST/LIO and / ST/&"
*OG: T3e do's 3ave no market s3are and do not 3ave %otentia2 to 7rin' in
muc3 cas3"B/LE(O0 OMI(I0 =E&S/ T3ere 7usiness 3ave 2i?uidated and trim do$n t3us T3e strate'ies ado%ted are t3at are 3arvest0 divest and dro%"
=3G matri>
7usiness %ortfo2io at a '2ance 0 and may serves as a startin' %oint for discussin' resource a22ocation amon' strate'ic 7usiness units"
C,RR!#" S"RA"!/I!S F$LL$4!+ 73 MAR,"I S,-, I )RI3IN@ STRATE@O 0 3ATERIN@ T4 ALL SE@MENTS
Maruti 'aters t% all se&ment and as a +r%du't %((erin& at all +ri'e +%ints- It as a 'ar +ri'ed at Rs-"*$>*<<<-<< w i' is t e l%west %((er %n r%ad- Maruti &ets ><9 business (r%m re+eat bu,ers w % earlier ad %wned a Maruti 'ar- T eir +ri'in& strate&, is t% +r%/ide an %+ti%n t% e/er, 'ust%mer l%%kin& (%r u+ &radati%n in is 'ar- T eir s%le m%ti/e %( a/in& s% man, +r%du't %((erin& is t% be in t e '%nsiderati%n set %( e/er, +assen&er 'ar 'ust%mer in India- Aere is %w e/er, +ri'e +%int is '%/ered-
$!.:o. *
=R :* GR :* /07 R /T
/ R0 :7$ MT /T =;I :;I A SE/TE& B SE/TE& L;i =Di :;i L; L;i =;I =;I 4/BS5
>R03( 0: > 70 L *A0,<0+A< *.0BA0A)* )0CA0-,C .0A*0-A< ,0C.0A+, ,0A<0C+) <0,B0)A< B0-,0+,+ B0<*0C<+ -0-<0+*C -0))0+-. -0C+0-BC <0,*0BA. B0,,0<,C
(Rs.)
< B
4 R970 W GO:-R
4 R970 G?>$?
*"-L ST
DT L; L;I =;I
B0<A0A.. -0,.0<+A -0),0.BA -0.)0<B< ,0,*0C,,0+B0-AC <0+A0C.+ B0+B0*,A B0-A0B*, ,0)B0)+B ,0..0)+* ,0*A0,)C ,0-<0-)B
C *+
4 R970 O4:0 R07+ L)0 R07+ +)0 R07+ /*0 4 R970 L7O
**
*,
4 R970 800
$FF!RI#/ $#! S"$P SH$P "$ C,S"$M!RS $R CR!A"I#/ +IFF!R!#" R!V!#,! S"R!AMS
Maruti as su''ess(ull, de/el%+ed di((erent re/enue streams wit %ut makin& u&e in/estments in t e (%rm %( MDS* N7N* Maruti Insuran'e and Maruti !inan'e- T ese el+ t em in makin& t e 'ust%mer e=+erien'e assle (ree and el+s buildin& 'ust%mer satis(a'ti%nere m%re t an $<9 %( 'ars are (inan'ed* Maruti as strate&i'all, entered int% t is and as su''ess(ull, 'reated a re/enue stream (%r Maruti- T is as been (%und t% be a ma.%r dri/er in '%n/ertin& a Maruti 'ar sale in 'ertain 'ases- !inan'e is %ne %( t e ma.%r de'isi%n dri/ers in 'ar +ur' ase- Maruti as tied u+ wit $ (inan'e '%m+anies t% (%rm a '%ns%rtium- T is '%ns%rtium '%m+rises 3iti'%r+ Maruti* Maruti
3%untr,wide* I3I3I Dank* AD!3 Dank* K%tak Ma indra* Sundaram !inan'e* Dank %( )un.ab and IndusInd Dank Ltd-( erstw ile0As %k Le,land !inan'e)as br%u& t all 'ar insuran'e needs under %ne r%%(- Maruti as tied u+ wit Nati%nal Insuran'e 3%m+an,* Da.a. Allianz* New India Assuran'e and R%,al Sundaram t% brin& t is ser/i'e (%r its 'ust%mers- !r%m identi(,in& t e m%st suitable 'ar '%/era&e t% /irtuall, assle0(ree 'laim assistan'e itGs ,%ur dealer w % takes 'are %( e/er,t in&- Maruti Insuran'e is a assle0(ree wa, (%r 'ust%mers t% a/e t eir 'ars re+aired and 'laims +r%'essed at an, Maruti dealer w%rks %+ in India-
Maruti is bus, (ine0tunin& an%t er inn%/ati%n- F ile resear' in& t e, (%und t at rural +e%+le ad stran&e n%ti%ns ab%ut a 'ar 0 t at t e EMI (e6uated m%nt l, instalments) w%uld ran&e between Rs ;*<<< and Rs ?*<<<- T at* +lus an%t er Rs "*?<<07*<<< (%r m%nt l, maintenan'e* an%t er Rs "*<<< (%r (uel (w%uld be t e '%st %( usin& t e 'ar)- T% '%unter t at a++re ensi%n* t e '%m+an, is w%rkin& %n a n%/el idea- 3%ntr%l %/er t e (uel bill is in t e '%nsumerGs ands- Dut* maintenan'e need n%t be- Sa,s K attarM HF at t e '%m+an, is d%in& n%w is sa,in& %w mu' ,%u s+end %n (uel is in ,%ur ands an,wa,- As (ar as t e maintenan'e '%st is '%n'erned* i( ,%u want it t at wa,* we will ' ar&e a little e=tra in t e EMI and %((er (ree maintenan'e-H
1a+anese aut% ma.%r Suzuki is all set t% '%n/ert Maruti suzuki india limited Ltd:s resear' and de/el%+ment (RID) (a'ilit, as its Asia ub b, 7<<> (%r t e desi&n and de/el%+ment %( new '%m+a't 'ars* a''%rdin& t% a t%+ %((i'ial %( t e (irm- T e '%untr,:s leadin& 'ar manu(a'turer will make substantial in/estments t% u+&rade its resear' and de/el%+ment 'entre at @ur&a%n in Aar,ana (%r e=e'utin& desi&n and de/el%+ment +r%.e'ts (%r Suzuki- T is in'ludes l%'alisati%n* m%dernisati%n and &reater use %( '%m+%site te' n%l%&ies in u+'%min& m%delsT e '%m+an, will be irin& m%re s%(tware en&ineers and te' n%'rats t% andle Suzuki:s RID +r%.e'ts- In/estment w%uld be m%re in terms %( man+%wer t an in in(rastru'ture* w i' is alread, in +la'e- A+art (r%m w%rkin& %n inn%/ati/e (eatures* t e RID teams will (%'us %n latest te' n%l%&ies usin& 3AD03AM t%%ls t% r%ll %ut new m%dels t at will meet t e needs %( MARUTI SUZUKI INDIA LIMITED:s di/erse 'ust%mers in t e (uture-
!3 S,CC!SS FAC"$RS
At Maruti Suzuki* 'ust%mers will (ind all 'ar related needs met under %ne r%%(- F et er it is eas, (inan'e* insuran'e* (leet mana&ement ser/i'es* e=' an&e0 Maruti Suzuki is set t% +r%/ide a sin&le0 wind%w s%luti%n (%r all 'ar related needs-
#!4 I#I"IA"IV!S I# MAR,"I S,-, I LIMI"!+ %one sto? s:o? to ;eet a>> your needs*
In an e((%rt t% be'%me a '%m+lete 'ar '%m+an,* Maruti as entered t e 'ar insuran'e business as well- It %((ers t e 'ust%mer all t e ad/anta&es %( settlin& insuran'e 'laims dire'tl, wit an, %( t e '%m+an,:s aut %rized dealers- Maruti Insuran'e is %ne %( t e m%st ren%wned 'ar insuran'e '%m+anies in India- T e '%m+an, as ties u+ wit Da.a. Allianz* Nati%nal Insuran'e 3%m+an,* R%,al Sundaram* and New India Assuran'e- 3ar insuran'e +%li', %( Maruti Insuran'e is a sin&le s%luti%n t% all ,%ur 'ar insuran'e needs* w i' ma, in'lude instant +%li', issuan'e t% +%st a''ident re+airs %n near 'as 0less basis- Aut%m%bileindia-'%m (urnis es detailed in(%rmati%n %n Maruti Insuran'e-
Ad/anta&es %( insurin& wit Maruti Insuran'eM Maruti Insuran'e %((ers a number %( ad/anta&es* w i' '%ntributes t% its immense +%+ularit,- Aut%m%bileindia-'%m (urnis es detailed in(%rmati%n %n Maruti Insuran'e-
T is business +r%/ides '%m+lete (leet s%luti%ns t% '%r+%rate and instituti%ns- Dranded Maruti N7N* t is ser/i'e in'ludes t e (%ll%win&M 'ust%mized 'ar +%li'ies* e'%n%mi'al 'ar leasin&* maintenan'e* ser/i'in&* re&istrati%n* insuran'e* emer&en', assistan'e* a''ident mana&ement and e/entual re0sale %( 'ars-
Maruti !inan'e %((ers t e best (inan'e +a'ka&es t% '%nsumers a'r%ss t e entire Maruti ran&e- T e ser/i'e is bein& e=tended a'r%ss t e '%untr, in a + ased manner Maruti is t e leadin& '%m+an, in t e Indian +assen&er 'ar market- A market s are %( ?; +er 'ent (%ll%wed b, a %st %( +%+ular m%dels in /ari%us se&ments like Maruti $<<* 4mni* Esteem* Dalen%* Swi(t and t e like as ensured t at Maruti '%ntinues t% be a ma.%r (%r'e in t e Indian aut%m%bile marketA%we/er* t% maintain its +r%minent +%siti%n in t e midst %( in'reasin&l, e=+andin& Indian aut%m%bile market and t e entr, %( Indian and (%rei&n aut% ma.%rs* Maruti as '%me u+ wit a number %( inn%/ati%ns and Maruti 3ar !inan'e is %ne %( t e +%+ular su' %+ti%n-As +art %( t e Maruti 'ar (inan'e* t e '%m+an, as entered int% tie0u+s wit leadin& banks and (inan'ial instituti%ns in t e '%untr,-Maruti +r%/ides (%r (inan'in& el+ wit t e State Dank %( India (SDI)* 3itiDank* K%tak Ma indra Dank and a (ew %t ersIn additi%n t%* Maruti 3%untr,wide and 3iti'%r+ Maruti !inan'e are t e tw% .%int /entures %( Maruti wit t e leadin& names like @E 3a+ital and 3itiDank t at +r%/ides (%r (inan'in& and l%an assistan'e (%r bu,in& all 'ate&%ries %( Maruti 'ars--
A sin&le +%int %( '%nta't*Aassle0(ree transa'ti%ns*Emer&en', Assistan'e *2irtuall, 3as less Re+airs )%st a''ident re+airs and insuran'e su++%rt at an, dealer w%rks %+- Maruti Suzuki @enuine )arts and A''ess%ries are +ri'ed /er, '%m+etiti/el, and %((er a 'ust%mer best /alue (%r m%ne, and 6ualit,- Dr%wse t r%u& t e '%m+lete ran&e %( a''ess%ries and '%nta't t e nearest dealer (%r m%re details-
-A#3"IM!
MAR,"I
Maruti Suzuki as als% set u+ state0%(0t e0art 'all 'enters (%+erati%nal in Del i* @ur&a%n* Mumbai* 3 ennai* Dan&al%re and A,derabad) Dranded An,time Maruti* t is 7; %ur el+0 line 'lari(ies all d%ubts and 6ueries re&ardin& Suzuki an, time %( t e da, %r ni& t- T e t%ll (ree n%- is "$<<0"$<<0"$<-
!"o-;10 (4 9G 2010)
4n t e %''asi%n %( Alt%0K"< laun' * Mr. S:inzo #akanis:i* Mana&in& Dire't%r and 3E4* Maruti Suzuki India* said BT e Alt%Gs +a'ka&e %( +er(%rman'e* (uel e((i'ien', and attra'ti/e '%st %( %wners i+ a/e t%&et er made it IndiaGs m%st +%+ular 'ar- T e Alt%0K"< will take t is (%rward- T ere are a &r%win& number %( (irst time bu,ers w % seek m%re +%wer* +er(%rman'e and attitude in t eir 'ar* wit %ut a/in& t% stret' all t e wa, t% bu, a i& er se&ment 'ar- T e Alt%0K"< is meant (%r t emCAi& li& ts %( Alt%0K"< !uel e((i'ien',M 7<-7 km +er litre 0 t e se&ment i& est am%n& +etr%l 'ars in A7
)er(%rman'eM Alt%0K"< 'an a''elerate (r%m < t% "<< km+ in .ust "5-5 se'%nds
Researc "#jective:
To find the satisfaction amongst the customers of Maruti.
Researc $esi!n:
!etailed and structured "uestionnaire was designed. #urvey a sample of $%% customers. The methodology developed was &rimary and #econdary research. The "uestionnaire was designed to get information from customers about their satisfaction and overall opinion about Maruti.
Sources of $ata:
&rimary data #econdary data
%ield of Survey:
The field work for the survey was conducted in &atiala. The e'ercise involved face to face interview with the customers.
&nalysis:
The important factors and data(s collected were se"uentially analy)ed and graphed.
'() *no+led!ea#le sales ,erson*nowledgeable #alesperson #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree +o.Of ,espondents % % % ./ $0 &ercentage %%%./$0-
./- people agreed that the sales persons are knowledgeable and $0- strongly disagreed that the sales persons are knowledgeable.
1mployees spent enough time with you before sales #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.of ,espondents % % % /0 2/
&ercentage %%%/02/-
/0- people agreed that the sales persons spent enough time with them before the sales and 2/strongly agreed with this.
1mployees spent enough time with you during sales #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.of ,espondents % 0 % /3 20
&ercentage %0%/320-
),F a'reed t3at sa2es %ersons s%ent enou'3 time $it3 t3em durin' t3e sa2es 0 $3i2e -<F stron'2y a'reed t3at t3e sa2es %ersons s%ent enou'3 time $it3 t3em durin' sa2es and on2y <F disa'reed $it3 t3is"
1mployees spent enough time with you after sales #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.of ,espondents % 33 % 40 3/
&ercentage %33%403/-
/%- agreed that the sales persons spent enough time with them after sales 3/- strongly agreed with this and $0- disagreed that the sales persons spent enough time with them after sales.
!isplay of Merchandi)e #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.of ,espondents % % % 50 /
&ercentage %%%50/-
50- agreed that the display of merchandi)e was attractive and /- strongly agreed that the display of merchandi)e was attractive.
Availability of the &roduct #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.Of ,espondents % 0 % 5$ 4
&ercentage %0%5$4-
5$- agreed that the availability of the product was there 4- strongly agreed that the availability was there while only 0- said they disagreed with this.
6ariety7#election of Merchandi)e
+o.of ,espondents
&ercentage
#trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
% / % .8 8
%/%.88-
.8- agreed that there was variety7selection of merchandi)e whereas 8- strongly agreed that enough variety was there and /- disagreed with this.
+o.of ,espondents %
&ercentage %-
3 % .3 $/
3%.3$/-
.3- agreed that the vehicle was in good condition when delivered $/- strongly agreed with this whereas only 3- disagreed with this.
+o.of ,espondents % $3
&ercentage %$3-
$4 3$ 43
$43$43-
/0- strongly agreed that the prices are affordable 3$- agreed that the prices are affordable whereas only $4- said that they neither disagreed nor agreed with this.
#trongly Agree
38
38-
44- agreed that the discounts offered are attractive 20- strongly agreed with this while $$disagreed and said that the discounts offered were not attractive.
+o.of ,espondents % %
&ercentage %%-
% .% 3%
%.%3%-
.%-agreed that the d;cor of the waiting area was pleasing while 3%- strongly agreed that the d;cor of the waiting area was pleasing
Offered A Test !rive #trongly !isagree !isagree +either !isagree +or Agree
+o.of ,espondents % 3% %
&ercentage %3%%-
80 /
80/-
80-agreed that the test drive was offered to them /- strongly agreed that the test drive was offered while 3%- disagreed with this.
=ollow
>p
&ercentage %$4%-
45 3/
453/-
45-agreed that the post sales follow ups are done regularly $4-disagreed with this.
,esponds To complaints Quickly #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
&ercentage %5$3/$$.-
/0- agreed that the response to complaints is "uick $.- strongly agreed nor disagreed and /- disagreed with this.
#ervice At Maruti #ervice #tation Is 1'cellent #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.of ,espondents % 0 % .3 $0
&ercentage %0%.3$0-
.3- said that the service at maruti service station is e'cellent $0- strongly agreed while only 0disagreed with this.
:areful <ith &ersonal Information #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.of ,espondents % % . .4 8
&ercentage %%..48-
.4- agreed that yes they were careful with personal information strongly agreed with this and .neither agreed nor disagreed.
All The :ommitments Are =ulfilled #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.of ,espondents % 8 % / .8
&ercentage %8%/.8-
50- strongly agreed that all the commitments were fulfilled and /- agreed with this.
6alue =or Money #trongly !isagree !isagree +either !isagree +or Agree Agree #trongly Agree
+o.of ,espondents % % % 3 5.
&ercentage %%%35.-
5.- strongly agreed that maruti provides value for money while 3- agreed with this.
+o.of ,espondents 5. 3
&ercentage 5.3-
5.- said yes that they are aware about maruti insurance while only 3- said that they were not aware.
&ercentage 582-
58- said they were aware about e'tended warranty and 2- said that they did not know about this.
'.()True value
+o.of ,espondents 5. 3
&ercentage 5.3-
5.- said they were aware about true value and 3- said they were not aware.
+o.of ,espondents 84 34
&ercentage 8434-
84- said that they were aware about maruti finance and 34- said that they were not aware of it.
'.0)&utocard
+o.of ,espondents .0 $/
&ercentage .0$/-
.0- said that they were aware about auto card and $/- said that they were not aware of it.
+o.of ,espondents .4 $4
&ercentage .4$4-
.4- said that they were aware of genuine accessories available and $4- said they were not aware.
:hoice 6ery bad @ad +either bad nor good 9ood 6ery good
+o.of ,espondents % % % 0 5/
&ercentage %%%05/-
5/- said that there overall opinion about maruti was that it is very good while 0- said that it is good. Aow likely would you recommend marutiB
5%- people said they would very likely recommend maruti to other people and $%- said they would likely recommend maruti to others.
1indings
On an average more than 73% people feel that the prices are affordable whereas 12% do not agree, 74% believe that attractive discounts are offered whereas 26% are not satisfied with the discounts offered. 2 % said that the test drives are not offered and 1!% said that post sales follow ups are not done regularl" whereas #!% said that the" were done regularl" but people feel that it is the people$s car as it is satisfactor" on all other parameters% &nowledgeable sales persons , emplo"ees spent enough time before and during sales, displa" of merchandise is attractive, availabilit" of product, variet" of merchandi'e, vehicle in good condition, prices are affordable, attractive discounts are offered, d(cor of the waiting area is pleasing, responds to complaints )uic&l", service at maruti service station is e*cellent, careful with personal information and is value for mone" . +he overall opinion about ,aruti is ver" good.
Uniform of Sa2es E>ecutives 1ro%er visitin' cards s3ou2d 7e avai2a72e to t3e e>ecutives Most2y dea2ers don@t 3ave t3eir s%ecific $e7site Maruti s3ou2d re'ard as 'enerous discount offers durin' 9estiva2 Season 2ike (avratra0 Duss3era0 and Di$a2i to 'earHu% t3eir sa2es Maruti s3ou2d advertise in S%orts 7ecause s%orts are increasin'2y cuttin' into t3e s3are of mass entertainment c3anne2s Maruti can start Money Bond Sc3eme instead of 'ivin' Cas3 Discount $it3 more va2ue" Customers e2i'i72e for an income 7ond0 encas3a72e after a *Byear %eriod" More test drives s3ou2d 7e offered" S3ou2d 7e more %articu2ar a7out 1ost Sa2es 9o22o$ U% as it s3o$s t3e concern of t3e com%any $it3 t3e customer"
S3ou2d %ut in more efforts to %romote Maruti 9inance 0 /utocard and /ccessories"
C$#CL,SI$#
T e +ri'e %( a 'ar is .ust %ne0t ird %( w at it '%st ,%u %/er its li(etimeRunnin& and maintainin& it make u+ t e %t er tw%0t irds- Take int% a''%unt resale /alue and its real '%st be'%mes 'lear- Maruti Suzuki stands (%r /alue as mu' as it stands (%r +er(%rman'e- In s+ite %( risin& in+ut '%sts* we tr, %ur best t% kee+ +ri'es d%wn- T eir runnin& '%sts and resale /alues are unbeatable t%%- N%t in& mat' es t e deli& t t eir 'ars deli/er- In t e 1D )%wer 3SI stud, 7<<?* $?9 %( Maruti Suzuki %wners stated t at t e, w%uld de(initel, re'%mmend t e 'ar t e, dri/e t% s%me%ne else- In(a't* ,%u d%n:t bu, a Maruti Suzuki- O%u in/est in itA(ter t e ras %( new 'ars laun' es t e +ast tw% ,ears* t e relati/e lull in t e aut% industr, is s %win& u+ in t e 'ust%mer satis(a'ti%n indi'es- A''%rdin& t% t e 7<<? (%ur0w eeler T%tal 3ust%mer Satis(a'ti%n (T3S) stud, '%ndu'ted b, t e s+e'ialist di/isi%n %( TNS Aut%m%ti/e* t e aut%m%bile %wners i+ e=+erien'e %r 'ust%mer %wners i+ e=+erien'e as de'lined in all areas '%m+ared t% 7<<;- T e stud, is %ne %( t e lar&est s,ndi'ated aut%m%ti/e studies in India* re+resentin& t e res+%nses %( m%re t an >*<<< new 'ar bu,ers- T e '%m+re ensi/e stud, '%/ers %/er ?< m%dels wit 'ust%mer e/aluati%ns taken in t e ke, areas %( sales satis(a'ti%n* +r%du't 6ualit,* /e i'le +er(%rman'e and desi&n* a(ter0sales ser/i'e* brand ima&e* and '%st0%(0%wners i+- T e T3S inde= s'%re +r%/ides a measure %( satis(a'ti%n and l%,alt, a &i/en m%del en.%,s wit its 'ust%mers- A''%rdin& t% TNS Aut%m%ti/e* t e de'line is +red%minantl, (%r %lder* small and entr, mid0size 'ar m%dels- T e a&ein& %( t ese m%dels seems t% be +%sin& a sti((er ' allen&e (%r manu(a'turers t% sustain +ast +er(%rman'e le/els at a time w en 'ust%mer e=+e'tati%ns are risin& s ar+l,-
BIBILOGRAPHY
Sri Sai University0 1a2am%ur
I Dave Taken &eferences from some $e7sites 2ikeI $$$"marutisuzuki"com $$$"'addi"com 8iki%edia Scri7d /ut3ourstream
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