Professional Documents
Culture Documents
On
Customers Perception- A Survey of Industrial Customers of Gwalior
(Towards Cars)
At
MARUTI SUZUKI
Submitted to
JIWAJI UNIVERSITY GWALIOR
SUBMITTED
HIMANSHU CHOUMAL
DECLARATION
Himanshu Choumal, student of MBA III Semester from Maharaja Institute Of Management
& Technology, Gwalior, declare that all the information, fact and figures represented in this
report entitled Customers Perception- A Survey Of Industrial Customer Of
Gwalior
Towards Cars. Are first hand in nature. They are actively based on my intensive research. I
have made the project under the safe roof of realistic data which was a sweet dream before
handling due to strong faith and elastic string of my heart. I have succeeded in equaling the
efforts with the output, for which I am very excited just like a blooming seed. Any resemblance
to earlier project or resource is purely coincidental.
Date .
Place: Gwalior
HIMANSHU CHOUMAL
MBA III Semester
CERTIFICATE
This is to certify that Mr. Himanshu Choumal student of MBA III Semester of Maharaja
Institute Of Management And Technology Gwalior affiliated to Jiwaji University, Gwalior
has completed his summer training of 6 weeks ( from 1 st of JULY to 15th AUGUST ) and
prepared this report on Customers
Date:
Place: Gwalior
DR.SUBEER BANERJEE
Faculty Guide
ACKNOWLEDGEMENT
Date:
Place: Gwalior
HIMANSHU CHOUMAL
M.B.A. 3rd SEM.
PREFACE
HIMANSHU CHOUMAL
CONTENTS
Chapter1. INTODUCTION OF THE COMPANY
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
Chapter2. METHODOLOGY
2.1
2.2
2.3
2 .4
2.5
2.6
2.7
2.8
2.9
Topic
Objective Of Study
Research Methodology
Research Design
Research Process
Exploratory Research
Data Collection
Data Analysis
Summary Of Finding
Chapter3. CONCLUSION
Chapter4. LIMITATION OF RESEARCH PROCESS
Chapter5. RECOMMENDATION
Chapter6. BIBLIOGRAPHY
Chapter5. QUESTIONNARE
History of Maruti
Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an automobile
manufacturer in India. It is a subsidiary of Japanese automobile and motorcycle manufacturer
Suzuki. As of November 2012, it had a market share of 37% of the Indian passenger car
markets. Alto, Ritz, Celerio, Swift, WagonR, Zen, Ciaz, Kizashi, SX4, Eeco, Omni, Ertiga, SCross, D-Zire.
The company's headquarters are at No 1, Nelson Mandela Road, New Delhi. In February 2012,
the company sold its ten millionth vehicle in India.
Maruti Udyog Limited was established in February 1981, though the actual production
commenced only in 1983. It started with Maruti 800, based on the Suzuki Alto key car which at
the time was the only modern car available in India. Its only competitors were Hindustan
Ambassador and Premier Padmini. Originally, 74% of the company was owned by the Indian
government, and 26% by Suzuki of Japan. As of May 2007, the government of India sold its
complete share to Indian financial institutions and no longer has any stake in Maruti Udyog.
Chronology Beginnings
Maruti's history begins in 1970, when a private limited company named 'Maruti technical
services private limited' (MTSPL) was launched on November 16, 1970. The stated purpose of
this company was to provide technical know-how for the design, manufacture and assembly of "a
wholly indigenous motor car". In June 1971, a company called 'Maruti limited' was incorporated
under the Companies Act and Sanjay Gandhi became its first managing director. "Maruti
Limited" went into liquidation in 1977. On 23 June 1980 Sanjay Gandhi died when a private test
plane he was flying crashed. A year after his death, and at the behest of Indira Gandhi, the Indian
Central government salvaged Maruti Limited and started looking for an active collaborator for a
new company. Maruti Udyog Ltd was incorporated in the same year through the efforts of Dr. V.
Krishnamurthy.
Suzuki Enters
In 1982, a license & Joint Venture Agreement (JVA) was signed between Maruti Udyog Ltd.
and Suzuki of Japan. At first, Maruti Suzuki was mainly an importer of cars. In India's closed
market, Maruti received the right to import 40,000 fully built-up Suzuki in the first two years,
and even after that the early goal was to use only 33% indigenous parts. This upset the local
manufacturers considerably. There were also some concerns that the Indian market was too small
to absorb the comparatively large production planned by Maruti Suzuki, with the government
even considering adjusting the petrol tax and lowering the excise duty in order to boost sales.
Finally, in 1983, the Maruti 800 is released. This 796 cc hatchback is based on the SS80 Suzuki
Alto and is Indias first affordable car. Initial product plan is 40% saloons, and 60% Maruti
Van. Local production commences in December 1983.In 1984, the Maruti Van with the same
three-cylinder engine as the 800 was released and the installed capacity of the plant in Gurgaon
reached 40,000 units.
In 1985, the Suzuki SJ410-based Gypsy, a 970 cc 4WD off-road vehicle, was launched. In
1986, the original 800 was replaced by an all-new model of the 796 cc hatch back Suzuki
Alto and the 100,000th vehicle was produced by the company. In 1987, the company's started
exporting to the West, when a lot of 500 cars were sent to Hungary. By 1988, the capacity of the
Gurgaon plant was increased to 100,000 units per annum.
Market liberalization
In 1989, the Maruti 1000 was introduced and the 970 cc, three-box was Indias first
contemporary sedan. By 1991, 65 percent of the components, for all vehicles produced, were
indigenized. After liberalization of the Indian economy in 1991, Suzuki increased its stake in
Maruti to 50 percent, making the company a 50-50 JV with the Government of India the other
stake holder.
In 1993, the Zen, a 993 cc, hatchback was launched and in 1994 the 1298 cc Esteem was
introduced. Maruti produced its 1 millionth vehicle since the commencement of production in
1994. Maruti's second plant was opened with annual capacity reaching 200,000 units. Maruti
launched a 24-hour emergency on-road vehicle service. In 1998, the new Maruti 800 was
released, the first change in design since 1986. Zen D, a 1527 cc diesel hatchback and Maruti's
first diesel vehicle and a redesigned Omni were introduced. The 1.6 liter Maruti Baleno threebox saloon and Wagon R were also launched.
In 2000, Maruti became the first car company in India to launch a Call Center for internal and
customer services. The new Alto model was released. In 2001, Maruti True Value, selling and
buying used cars was launched. In October of the same year the Maruti Versa was launched. In
2002, Esteem Diesel was introduced.
Two new subsidiaries were also started: Maruti Insurance Distributor Services and Maruti
Insurance Brokers Limited. Suzuki Motor Corporation increased its stake in Maruti to 54.2
percent.
In 2003, the new Suzuki Grand Vitara XL-7 was introduced while the Zen and the Wagon R
were upgraded and redesigned. The four millionth Maruti vehicle was built and they entered into
a partnership with the State Bank of India. Maruti Udyog Ltd was listed on BSE and NSE after
a public issue, which was oversubscribed tenfold. In 2004, the Alto became India's bestselling
car overtaking the Maruti 800 after nearly two decades. The five-seater Versa 5-seater, a new
variant, was created while the Esteem was re-launched. Maruti Udyog closed the financial year
2003-04 with an annual sale of 472,122 units, the highest ever since the company began
operations and the fiftieth lakh (5 millionths) car rolled out in April 2005. The 1.3 L Suzuki Swift
five-door hatchbacks was introduced in 2005.
In 2006 Suzuki and Maruti set up another joint venture, "Maruti Suzuki Automobiles India", to
build two new manufacturing plants, one for vehicles and one for engines. Cleaner cars were also
introduced, with several new models meeting the new "Bharat Stage III" standards. In
February 2012, Maruti Suzuki sold its ten millionth vehicles in India. For the Month of July
2014, it had a Market share of >45 %.
Manufacturing facilities
Maruti Suzuki has two manufacturing facilities in India. Both manufacturing facilities have a
combined production capacity of 14, 50,000 vehicles annually. The Gurgaon manufacturing
facility has three fully integrated manufacturing plants and is spread over 300 acres
(1.2 km2). The Gurgaon facilities also manufacture 240,000 K- Series engines annually.
The Gurgaon Facilities manufactures the 800, Alto, WagonR, Estilo, Omni, Gypsy, Ertiga,
Ritz, and Eeco. The Manesar manufacturing plant was inaugurated in February 2007 and is
spread over 600 acres (2.4 km2). Initially it had a production capacity of 100,000 vehicles
annually but this was increased to 300,000 vehicles annually in October 2008. The production
capacity was further increased by 250,000 vehicles taking total production capacity to 800,000
vehicles annually.
The Manesar Plant produces the A-star, Swift, Swift DZire, SX4, Ritz and Celerio. On 25 June
2012, Haryana State Industries and Infrastructure Development Corporation demanded Maruti
Suzuki to pay an additional Rs 235 corer for enhanced land acquisition for its Haryana plant
expansion. The agency reminded Maruti that failure to pay the amount would lead to further
proceedings and vacating the enhanced land acquisition. It plans to set up a plant in Gujarat and
has acquired 600 acres of land.
Industrial relations
Since its founding in 1983, Maruti Udyog Limited has experienced problems with its labor force.
The Indian labour it hired readily accepted Japanese work culture and the modern
manufacturing process. In 1997, there was a change in ownership, and
Maruti became
predominantly government controlled. Shortly thereafter, conflict between the United Front
Government and Suzuki started. In 2000, a major industrial relations issue began and employees
of Maruti went on an indefinite strike, demanding among other things, major revisions to their
wages, incentives and pensions.
Employees used slowdown in October 2000, to press a revision to their incentive-linked pay. In
parallel, after elections and a new central government led by NDA alliance, India pursued a
disinvestment policy.
Along with many other government owned companies, the new administration proposed to sell
part of its stake in Maruti Suzuki in a public offering. The worker's union opposed this sell-off
plan on the grounds that the company will lose a major business advantage of being subsidized
by the Government, and the union has better protection while the company remains in control of
the government.
The standoff between the union and the management continued through 2001. The management
refused union demands citing increased competition and lower margins. The central government
privatized Maruti in 2002 and Suzuki became the majority owner of Maruti Udyog Limited.
Manesar violence
On 18 July 2012, Maruti's Manesar plant was hit by violence as workers at one of its auto
factories attacked supervisors and started a fire that killed a company official and injured 100
managers, including two Japanese expatriates. The violent mob also injured nine policemen. The
company's General Manager of Human Resources had both arms and legs broken by his
attackers, unable to leave the building that was set ablaze, and was charred to death. The incident
is the worst-ever for Suzuki since the company began operations in India in 1983.
Since April 2012, the Manesar union had demanded a three-fold increase in basic salary, a
monthly conveyance allowance of 10,000, a laundry allowance of 3,000, a gift with every new
car launch, These claims were denied by the company and the police Maruti said the unrest
began, not over wage discussions, but after the workers' union demanded the reinstatement of a
worker who had been suspended for beating a supervisor.
The workers claim harsh working conditions and extensive hiring of low-paid contract workers
which are paid about $126 a month, about half the minimum wage of permanent employees.
Maruti employees currently earn allowances in addition to their base wage. Company executives
denied harsh conditions and claim they hired entry-level workers on contracts and made them
permanent as they gained experience. It was also claimed that bouncers were deployed by the
company.
The police, in its First Information Report (FIR), claimed on 21 July that Manesar violence is
the result of a planned violence by a section of workers and union leaders and arrested 91
people. Maruti Suzuki in its statement on the unrest announced that all work at the Manesar plant
has been suspended indefinitely. The shutdown of Manesar plant is leading to a loss of about Rs
75 crore per day.
On 21 July 2012, citing safety concerns, the company announced a lockout under The Industrial
Disputes Act, 1947 pending results of an inquiry the company has requested of the Haryana
government into the causes of the disorder. Under the provisions of The Industrial Disputes Act
for wages, the report claimed, employees are expected to be paid for the duration of the lockout.
The report claimed the salary difference between contract workers and permanent workers has
been much smaller than initial media reports - the contract worker at Maruti received
about 11,500 per month, while a permanent worker received about 12,500 a month at start, which
increased in three years to 21,000-22,000 per month. n a separate report.
Shinzo Nakanishi, managing director and chief executive of Maruti Suzuki India, said this kind
of violence has never happened in Suzuki Motor Corp's entire global operations spread across
Hungary, Indonesia, Spain, Pakistan, Thailand, Malaysia, China and the Philippines. Mr.
Nakanishi went to each victim apologizing for the miseries inflicted on them by fellow workers,
and in press interview requested the central and Haryana state governments to help stop such
ghastly violence by legislating decisive rules to restore corporate confidence amid emergence of
this new 'militant workforce' in Indian factories.
He announced, "We are going to de-recognize Maruti Suzuki Workers Union and dismiss all
workers named in connection with the incident. We will not compromise at all in such instances
of barbaric, unprovoked violence." He also announced Maruti plans to continue manufacturing in
Manesar, that Gujarat was an expansion opportunity and not an alternative to Manesar. The
company dismissed 500 workers accused of causing the violence and re-opened the plant on 21
August, saying it would produce 150 vehicles on the first day, less than 10% of its capacity.
Analysts said that the shutdown was costing the company 1 billion rupees ($18 million) a day
and costing the company market share. In July 2013, the workers went on hunger strike to protest
the continuing jailing of their colleagues and launched an online campaign to support their
demands.
Current models
Model
Launched
Category
Image
Omni
1984
Minivan
Gypsy
1985
SUV
WagonR
1999
Hatchback
Swift
2005
Hatchback
DZire
2008
Sedan
Ritz
2009
Hatchback
Eeco
2009
Hatchback
Alto K10
2010
Hatchback
Ertiga
2012
Mini MPV
Alto 800
2012
Hatchback
Stingray
2013
Hatchback
Celerio
2014
Hatchback
Ciaz
2014
Sedan
Discontinued models
Model
Launched
Discontinued
Category
Estilo
August 2009
2013
Hatchback
Gypsy E
1985
2000
SUV
1000
1990
2000
Sedan
Zen
1993
2006
Hatchback
Esteem
1994
2008
Sedan
Baleno
1999
2007
Sedan
Versa
2001
2010
Minivan
800
1983
2012
Hatchback
Image
Maruti Insurance
Launched in 2002 Maruti Suzuki provides vehicle insurance to its customers with the help of the
National Insurance Company, Bajaj Allianz, New India Assurance and Royal Sundaram. The
service was set up the company with the inception of two subsidiaries Maruti Insurance
Distributors Services Pvt. Ltd and Maruti Insurance Brokers Pvt. Limited.
This service started as a benefit or value addition to customers and was able to ramp up easily.
By December 2005 they were able to sell more than two million insurance policies since its
inception.
Maruti Finance
To promote its bottom line growth, Maruti Suzuki launched Maruti Finance in January 2002.
Prior to the start of this service Maruti Suzuki had started two joint ventures Citicorp Maruti and
Maruti Countrywide with Citi Group and GE Countrywide respectively to assist its client in
securing loan. Maruti Suzuki tied up with ABN Amro Bank, HDFC Bank, ICICI Limited, Kotak
Mahindra, Standard Chartered Bank, and Sundaram to start this venture including its strategic
partners in car finance. Again the company entered into a strategic partnership with SBI in March
2003. Since March 2003, Maruti has sold over 12,000 vehicles through SBI-Maruti Finance.
SBI-Maruti Finance is currently available in 166 cities across India.
Citicorp Maruti Finance Limited is a joint venture between Citicorp Finance India and Maruti
Udyog Limited its primary business stated by the company is "hire-purchase financing of Maruti
Suzuki vehicles". Citi Finance India Limited is a wholly owned subsidiary of Citibank Overseas
Investment Corporation, Delaware, which in turn is a 100% wholly owned subsidiary of Citibank
N.A. Citi Finance India Limited holds 74% of the stake and Maruti Suzuki holds the remaining
26%. GE Capital, HDFC and Maruti Suzuki came together in 1995 to form Maruti Countrywide.
Maruti claims that its finance program offers most competitive interest rates to its customers,
which are lower by 0.25% to 0.5% from the market rates.
Maruti Accessories
Many of the auto component companies other than Maruti Suzuki started to offer components
and accessories that were compatible. This caused a serious threat and loss of revenue to Maruti
Suzuki. Maruti Suzuki started a new initiative under the brand name Maruti Genuine
Accessories to offer accessories like alloy wheels, body cover, carpets, door visors, fog lamps,
stereo systems, seat covers and other car care products. These products are sold through dealer
outlets and authorized service stations throughout India.
A Murti Driving
in
social School
responsibility
Maruti
Bangalore
As part of its
corporate
Suzuki
launched the
were
are modeled
classroom and practical sessions. Many international practices like road behavior and attitudes
are also taught in these schools. Before driving actual vehicles participants are trained on
simulators.
A launch ceremony for the school Jagdish Khattar stated "We are very concerned about mounting
deaths on Indian roads. These can be brought down if government, industry and the voluntary
sector work together in an integrated manner. But we felt that Maruti should first do something
in this regard and hence this initiative of Maruti Driving Schools".
Exports
Maruti Exports Limited is the subsidiary of Maruti Suzuki with its major focus on exports and it
does not operate in the domestic Indian market. The first commercial consignment of 480 cars
was sent to Hungary. By sending a consignment of 571 cars to the same country Maruti Suzuki
crossed the benchmark of 300,000 cars.
Since its inception export was one of the aspects government was keen to
encourage. Every political party expected Maruti Suzuki to earn foreign
currency.
Angola, Benin, Djibouti, Ethiopia, Europe, Kenya, Morocco, Nepal, Sri Lanka,
Uganda, Chile, Guatemala, Costa Rica and El Salvador are some of the
markets served by Maruti Exports.
Maruti Suzuki
Parent Company
Category
Sector
Automobiles
Tagline/ Slogan
USP
Maruti has car models in every segment with a wide price range to choose
from, apart from being the most reliable name in Indian automobile
market
STP
Segment
Target Group
Indian urban and semi-urban middle class and upper middle class
Indias No.1 automobile brand with strong legacy
Positioning
Product Portfolio
SWOT Analysis
Strength
Weakness
Opportunity
1.Developing hybrid cars and fuel efficient cars for the future
2.Tapping emerging markets across the world and building a global brand
3.Fast growing automobile market and increased purchasing power
Threats
Competition
Competitors
1.Honda
2.Toyota
3.Nissan
4.Hyundai
5.Fiat
6.Mitsubishi
7.Chevrolet
8.TataMotors
9.Skoda
10.Toyota
11.MarutiSuzuki
12. Ford
Mar '14
Mar '13
Mar '12
Mar '11
12 mths
12 mths
12 mths
12 mths
12 mths
151.00
151.00
151.00
144.50
144.50
151.00
151.00
151.00
144.50
144.50
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Reserves
23,553.20 20,827.00
18,427.90
15,042.90
13,723.00
Net worth
23,704.20 20,978.00
18,578.90
15,187.40
13,867.50
Secured Loans
0.00
0.00
0.00
0.00
0.00
Unsecured Loans
180.20
1,685.10
1,389.20
1,078.30
170.20
Total Debt
180.20
1,685.10
1,389.20
1,078.30
170.20
Total Liabilities
23,884.40 22,663.10
19,968.10
16,265.70
14,037.70
Mar '15
Mar '14
Mar '13
Mar '12
Mar '11
12 mths
12 mths
12 mths
12 mths
12 mths
Application Of Funds
Gross Block
26,076.90 22,435.00
19,633.90
14,678.30
11,718.60
0.00
0.00
0.00
0.00
13,817.60 11,644.60
9,834.70
7,157.60
6,189.20
Net Block
12,259.30 10,790.40
9,799.20
7,520.70
5,529.40
1,882.80
1,940.90
611.40
862.50
Investments
12,814.00 10,117.90
7,078.30
6,147.40
5,106.80
Inventories
2,615.00
1,705.90
1,840.70
1,796.50
1,415.00
Sundry Debtors
1,069.80
1,413.70
1,469.90
937.60
824.50
18.30
629.70
775.00
2,436.10
2,508.50
3,703.10
3,749.30
4,085.60
5,170.20
4,748.00
2,891.80
3,256.70
3,830.20
2,852.50
2,178.40
Fixed Deposits
0.00
0.00
0.00
0.00
0.00
6,594.90
7,006.00
7,915.80
8,022.70
6,926.40
Deferred Credit
0.00
0.00
0.00
0.00
0.00
Current Liabilities
8,013.60
6,996.90
5,892.00
5,338.00
3,861.60
Provisions
1,653.00
875.70
874.10
698.50
525.80
9,666.60
7,872.60
6,766.10
6,036.50
4,387.40
-3,071.70
-866.60
1,149.70
1,986.20
2,539.00
Miscellaneous Expenses
0.00
0.00
0.00
0.00
0.00
Total Assets
23,884.40 22,663.10
19,968.10
16,265.70
14,037.70
Contingent Liabilities
9,228.60
7,210.20
8,193.30
6,108.00
6,384.80
784.70
694.45
615.03
525.68
479.99
0.00
2,621.40
the profile and from which geographical part of Gwalior the potential customer of Maruti Suzuki
cars can be and what is the consumer behavior of various users of cars like how many cars do
they have and after how much do they like to change their cars .
The whole survey has been done in various parts of Gwalior city like Focal Point, Industrial
Area, Gwalior (M.P.).
So, in this research I studied the Perception of the customers and behavior of the customers. So,
overall it was great learning experience for me to get such an intro spect about automobile
industry and various aspects related to its marketing strategy.
Executive Summary
Customer Perception is the Easiest Way to Identify Where Your Customers Come From and
Who They Are.
Customer Perception Analysis may include:
A customer profile to understand where to find more like them.
Market penetration and market share reports showing performance in existing markets and
expected performance in new markets.
Market ranking reports allowing company to prioritize resource deployment into new markets.
Create a "pin map" of where your customers live. Find out at a glance what parts of town you
draw from and where to advertise. If you have your names and addresses in a data file, you can
order right now with no payment required in advance.
Identify Your Trade Area
Map your customers to see what your trade area is. Compare your customers with the
market potential to see your market penetration.
Define Customer Profile
Once you have your customers mapped, you can analyze the demographic characteristics and
define a profile of your best customers. From this it is a short step to finding more potential
customers like them.
Target Your Advertising
Given your trade area, and your customer profile, you can focus advertising to the places and
media that are most likely to hit your target market.
Customer Perception
Customer Perception shows organizations which neighborhoods and markets they are serving
with their products. The results of customer Perception can often be surprising and show trends
that were otherwise unknown. In addition, customer Perception can be applied not only to an
entire client database, but also to selected kinds of customers such as:
Those who have bought certain products, or certain services.
Those whose purchases exceed a specified amount gain the greatest value from Customer
Perception, it can be combined with market share analysis to reveal the strongest areas that are
being reached, and those that are not being reached.
approach starts with market and industry data. It takes a close look at a
geographic market area and profiles the consumers and/or businesses to let you know their
propensity to buy your products and services. Perception Analytics has expertise in both these
approaches to market sizing. We also have a wealth of data sources through partnerships with
the best data providers in the industry. We can match the right data for market analysis to your
business and market strategy.
Knowing in which clusters people reside provides a reasonable means of understanding and
predicting how they will behave.
Understanding which clusters are more likely than others to purchase allows better targeting.
Clusters are tied to geography, allowing you to identify and prioritize neighborhoods, trade
areas and markets.
Customer Profiling
Customer profiling services from Perception Analytics create descriptive segments or groups of
your customers. Each segment has specific defining characteristics. A customer segment is not as
simple as applying a demographic label, such as "women age 45-54" or "businesses with revenue
>$500 million.
"Those descriptions alone won't tell you enough about your customer. For example, not all
women age 45-54 have the same tendency to purchase your products. So a profile like this may
not help you much, and you may waste resources marketing and selling to the wrong people.
That's why Perception Analytics takes a more comprehensive and disciplined approach to
customer profiling. We use your own customer data, lifestyle cluster data, and analytical
techniques.
The result is a more accurate description of your customer that can be used to identify areas
where you can find more of your best customers.
automobiles could help marketers understand their needs and interests and which cars they are
likely to prefer.
By surveying consumers about their attitudes toward the leading products in a market, marketers
can map customers' dominant attitudes toward products. Market research companies such as
Simmons conduct detailed interviews to gather the data needed to identify clusters of buyer
attitudes.
The Beginning
It was a humble beginning with a small spare parts shop in 1981 at Gwalior. The journey
from that day till now was not always smooth but with true grit and determination of the
promoters and the employees of the company we have reached where we are today. The
turnover of the company during the financial year 2014-15 has been more than Rs 775
corers approx. We shall continue to grow and have positive impacts on the social and
economic life of our surroundings.
Prem Motors Pvt. Ltd. a company incorporated under the Companies Act having its
registered office at Knawels Complex, A G Office Road, Gwalior came into existence as a
Private Limited Company on the 28th day of November, 1990. Mr. Charanjeet Nagpal is the
main promoter of Prem Motors Pvt. Ltd. who established the organization in the year 1990
when he acquired a dealership of Rajdoot Motorcycles, formerly a proprietary firm called
Prem Motors. Over the period, with strong intentions, determination and commitment, he
re-established the dealership as a market leader and earned the image of a hardworking
successful entrepreneur. Since then, there was no looking back, the business kept on
increasing in manifolds. The company has the honor of being associated with various
automobile houses as their authorized dealers. Other than being Maruti Suzuki authorized
dealers in Gwalior, Jaipur, Agra, and e-outlets, Prem Motors is also an authorized dealer for
Piaggio, Suzuki and Yamaha. The transport venture was started in 2011 based out of
Gurgaon possessing a fleet of 81 trailers.
Quality Policy
Prem Motors are fully committed towards total customer satisfaction.We believe in
continual professional improvement. Hence we keep updating our systems and facilities to
offer the very best for:
Total Commitment to customer satisfaction.
Focus on employees involvement and improve retention.
Work professionally and honestly.
Strategy:
A long-term strategy is being the leading benchmark company in the Indian auto motive market
by constant investments in our people and facilities.
The study has been under taken to analyze the customer profile and mapping to understand the
consumer behavior regarding automobile sector.
Objectives:
To know the customer profile.
To analyze the exact segregation of the industry of Gwalior.
To know at which geographical segment the potential customer exist.
To know the consumer behavior regarding cars on following parameter:
I.
II.
III.
Research Methodology
A research process consists of stages or steps that guide the project from its conception through
the final analysis, recommendations and ultimate actions.
The research process provides a systematic, planned approach to the research project and
ensures that all aspects of the research project are consistent with each other. Research studies
evolve through a series of steps, each representing the answer to a key question.
This chapter aims to understand the research methodology establishing a framework o f evaluati
on and revaluation of primary and secondary research. The techniques and concepts used
during primary research in order to arrive at findings; which are also dealt with and lead to a
logical deduction towards the analysis and results.
Research Design
I propose to first conduct a intensive secondary research to understand the full impact and
implication of the industry, to review and critique the industry norms and reports, on which
certain issues shall be selected, which I feel remain unanswered or liable to change, this shall
be further taken up in the next stage of exploratory research. This stage shall help me to restrict
and select only the important question and issue, which inhabit growth and segmentation in the
industry. The various tasks that I have undertaken in the research design process are:
Defining the information need.
Design the exploratory, descriptive and causal research.
Research Process
The research process has four distinct yet interrelated steps for research analysis. It has a logical
and hierarchical ordering:
Determination of information research problem.
Development of appropriate research design.
Execution of research design.
Communication of results. Each step is viewed as a separate process that includes a
combination of task, step and specific procedure. The steps undertake are logical, objective,
systematic, reliable, valid, impersonal and ongoing.
Exploratory Research
The method I used for exploratory research was:
1. Primary Data.
2. Secondary Data.
Data Collection
Data collection took place with the help of filling of questionnaires. The questionnaire method
has come to the more widely used and economical means of data collection. I found it essential
to make sure the questionnaire was easy to read and understand to all spectrums of people in the
sample. It was also important as researcher to respect the samples time and energy hence
the questionnaire was designed in such a way, that its administration would not exceed 4-5
minutes. These questionnaires were personally administered. The first hand information was
collected by making the people fill the questionnaires. The primary data collected by directly
interacting with the people.
Data Analysis
SAMPLE SIZE AND AREAS COVERED
A customer-based survey was conducted in which 100 people were asked to fill the questionnaire
in which 50 people belong to cities of Gwalior and Shivpuri. Because it was not possible to
consider each and every person of those cities or of villages so, PROBABILITY SAMPLE or
RANDOM SAMPLE was taken.
24%
1
2
76%
INFERENCE:
76% of the respondents were owners of Maruti Suzuki.
24% of the respondents were owners of others company.
83%
INFERENCE:
83% of the Respondents were satisfied with their cars and the services of MARUTI
SUZUKI
However 17% of the Respondents were dissatisfied at the same time.
1
2
16%
3
50%
20%
INFERENCE:
18% of the respondents would prefer to buy a Maruti Suzuki car against its competitors.
37% of respondents preferred for Maruti Suzuki.
21% and 24% respectively preferred for Hyundai & Honda.
SUZUKI.
1
2
20%
3
4
55%
13%
INFERENCE:
Information through Internet and Print media accounts for more than half or 75% of the
information shared with the masses.
Rest 25% was shared by T.V. and Dealers for providing the information.
22%
1
2
78%
INFERENCE:
78% of the respondents felt that Maruti Suzuki has the most fuel efficiency.
While 22% felt it isnt the most fuel efficient.
12%
8%
10%
4
70%
INFERENCE:
70% of the respondents felt that the features of the maruti suzuki are good.
While 8% of respondents thought it was not so good, 10% thought it was very good and
12% felt satisfactory about the features.
29%
2
18%
38%
INFERENCE:
3
4
7%
GOOD
VERY GOOD
16%
NOT SO GOOD
SATISFACTORY
74%
INFERENCE:
The interiors of maruti suzuki are very good according to 74% of the respondents.
16% said it was very good, 7% said it was satisfactory and 3% felt it was not so good.
15%
MAKE IT MORE
SpORTY
10%
15%
GIVE IT A RETRO
LOOK
60%
GIVE TO CONCPET
CAR LOOK
INFERENCE:
To make it the best car in its class it should be made more futuristic which was
felt by 60% of the respondents.
15% of the respondents thought it should be made more sporty.
10% wanted it to have a retro look and 15% wanted to give it a concept car
look.
10)
85%
INFERENCE:
Overall 85% of the respondents were happy with the after sales service provided
by Maruti Suzuki.
15% were unhappy with Maruti Suzuki due to poor after sales services provided
by them.
Summary Of Findings
76% of the respondents were owners of Maruti Suzuki.
83% of the Respondents were satisfied with their cars and the services of Maruti Suzuki However
17% of the Respondents were dissatisfied at the same time
18% of the respondents would prefer to buy a Maruti Suzuki car against its competitors
Information through Internet and Print media accounts for more than half or 75% of the
information shared with the masses. Rest 25% was shared by T.V. and Dealers for providing the
information
78% of the respondents felt that Maruti Suzuki has the most fuel efficiency
70% of the respondents felt that the features of the Maruti Suzuki are good. While 8% of
respondents thought it was not so good, 10% thought it was very good and 12% felt satisfactory
about the features
Maruti Suzuki is best known for its design & comfort. Then comes Handling and Fuel Efficiency.
If Maruti Suzuki is made more affordable then it would win more customers, a theory which was
backed by 72% of the respondents.15% and 13% respectively want cheaper spare parts and more
service stations.
To make it the best car in its class it should be made more futuristic which was felt by 60% of the
respondents.15% of the respondents thought it should be made more sporty.10% wanted it to have
a retro look and 15% wanted to give it a concept car look.
Conclusion
I have analyzed the attached Balance Sheet of (Maruti Suzuki India Limited Formely Maruti
Udyog Limited), as of Five years comparison and the related Profit and Loss Account and Cash
Flow Statement for the year ended on that dates Annexed thereto !These financial statements are
the Responsibility of the company's management. My pleasure is to express an opinion on these
financial statements based on analysis Those Standards an analysis includes examining, on a test
basis, evidence supporting the amounts and disclosures in the financial statements. An analysis
also includes assessing the accounting principles used and significant estimates, marketing
Techniques, HRM strategies, financial position of the Maruti Udyog Limited.
The company analysis done by me on Maruti Udyog Limited, sorted out that the automobile
industry in India is prosperous and growing with innovating technology.
Cars in the market through different marketing strategies such as pricing strategy, products
development etc. Finally Maruti Udyog Limited has it financial trend in ascending order from
previous four years.
Thus, Maruti Udyog Limited, is counting its profits, and fulfilling the Social responsibility, by
making its tag line to be implemented i.e.
The Gwalior market was too vast and it was not possible to cover each and every
customer in the available short span of time.
Generally, the respondents were busy in their work and were not interested in responding.
Respondents were reluctant to disclose complete and information about themselves and
their organization.
conducted
in
Recommendations
People were aware about Maurti brand, there should be more brand awareness in the
market
The company should promote about the entire feature offered by it.
Everyone is knowing Maruti Suzuki but they are aslo promote their new product because
other competitor are doing that i.e. they are also use all that strategies for stand in market
growth.
Bibliography
References Books
1. Learning C.N. Sontakki, Marketing Research, Himalaya Publishing House, New Delhi,
2006.
2. C.R. Kothari, Research Methodology Methods and Techniques, New Age International
(Pvt.) Ltd., publishing New Delhi, 2004.
3. Churchill, Gilbert and Dawn Iacobucci, Marketing Research Methodological Foundations,
South-Western, Thomson, 2002.
4. Crosby, Philip, Quality is free: The art of making quality certain, McGraw Hill Custom
Publishing, 1978.
5. Dr S.C.Gupta, Statistical Methods, Sultan Chand & Sons Educational Publishers, New
Delhi, 2006.
Websites www.marutisuzuki.com
www.automobile.com
Newspaper:
The Economics Time
Business Time
Magazine:
Autoindia
Hot wheels
TVs Shows:
Speed
Velocity
Questionnare
(A )NAME
(B) ADDRESS
(C) CONTACT NUMBER
(D)INCOME GROUP
_________15,000-25,000
_________50,000-75,000
_________25, 000-50,000
_________Above 75,000
(ii) OTHERS
(ii) DISSATISFIED
3. IF SATISFIED, THEN ARE YOU HAPPY WITH THEIR CHARGES AND TIMELY
DELIVERY THEY WERE OFFERING?
(i)HAPPY
(ii) UNHAPPY
4. IF GIVEN A CHOICE TO CHOOSE A CAR COMPANY, WHICH COMPANY
WOULD YOU CHOOSE?
(i) MARUTI
(ii) Others
(ii) NO
(i)GOOD
(iii)SATISFACTORY
IMPROVE MARUTI
SUZUKI ?
(i) MAKE IT MORE AFFORDABLE
(ii) CHEAPER SPARE PARTS
(iii)MORE SERVICE STATIONS
11. ACCORDING TO YOU WHAT SHOULD BE DONE TO MAKE MARUTI SUZUKI
THE BEST CAR?
(i)MAKE IT MORE FUTURISTIC
(ii)MAKE IT MORE SPORTY
(iii)GIVE IT A RETRO LOOK
(iv)GIVE IT A CONCEPT CAR LOOK
12.
(i) YES
(ii) NO
(iii) HAPPY BUT IT CAN BE BETTER