Marketing Strategies of Tata Motors (1) 11111
Marketing Strategies of Tata Motors (1) 11111
On
MARKETING STRATEGIES OF TATA MOTORS
BBA V Semester
Batch 2022-2025
1
Certificate of Approval
The following Summer Internship Project Report titled " MARKETING STRATEGIES OF
TATA MOTORS. " is hereby approved as a certified study in management carried out and
presented in a manner satisfactory to warrant its acceptance as a prerequisite for the award of
Bachelors of Business Administration for which it has been submitted. It is understood that by
this approval the undersigned does not necessarily endorse or approve any statement made,
opinion expressed or conclusion drawn therein but approve the Summer Internship Project Report
only for the purpose it is submitted to the Summer Internship Project Report Examination
Name Signature
2
Certificate from Summer Internship Project Guide
This is to certify that Ms. Tanya Dubey student of the Bachelors of Business Administration
has worked under my guidance and supervision. This Summer Internship Project Report has the
requisite standard and to the best of my knowledge, no part of it has been reproduced from any
Signature :
School of Management
Date
3
DECLARATION
I, " TANYA DUBEY “, hereby declare that the work presented herein is authentic work done
originally by me and has not been published or submitted anywhere else. Any literature, data, or
work done by others and cited within the report has been given due acknowledgment and listed
TANYA DUBEY
Date:
4
Acknowledgements
I owe a very special thanks to my parents who were behind me throughout my project
encouraging me perform the test. Their unwavering faith and confidence in me made my
training a success. This training report would not be accomplished without generous
contributions of any individuals & organization.
I am very much thankful to one and all who helped me with their knowledge and cleared
my doubts whenever I approached them. Kindly accept my apologies if I have done any
mistakes and thanks for your support.
TANYA DUBEY
BBA
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Preface
If we can compare marketing to a long train with a multiple compartments,
then marketing research would justify claim the dual of the engines that
powers the train and the links that connects the individual compartments to
form a cohesive functional units. In others words, marketing research is
pervasive- the brain and the brawn of any marketing organization.
As the project title “Marketing Strategy for Increasing the Sale of Light
Commercial Vehicle in NCR.” Suggests about the market viability of Tata
LPT 407, LPT 709EX, LPT 909EX, LPT 1109EX .While doing survey I
realize that the things learnt from the books are quite different from the
actual practice in field.
The body of the project report takes a micro level approach, using each step
of the marketing research process. The main source of analyzing the data is
through questionnaires. A complete analysis has been done in research
methodology part to find the market potential of Light Commercial Vehicle
in NCR.
A complete Analysis of variance has been done to find the kind of market
potential in NCR.
The best part of this project report is the operating economics of customers
based on the customer survey. This part directly shows the market leader of
Light Commercial Vehicle in NCR.
At the last part I wrap up the project with suggestion and recommendation to
enhance the future growth and prospects of the company.
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Index
Sl.no. Topics Page
Number From
Institute‟certificate 2
Company‟s certificate 3
Declaration 4
Acknowledgement 5
Preface 6
Introduction 8
Company‟s Profile
22
Objectives of Study 40
Finding 68
Conclusion 94
Appendix 96
11
Introduction
As markets change, so does marketing. Marketing is no longer a company
department charged with a limited number of tasks managing advertising,
finding sales leads, providing customer etc. Marketing must is a company
wide undertaking? It deals with the whole process of entering markets,
establishing profitable positions and building loyal customer relationship.
Management has two important components theory and practice. During the
two year management course, I have to understand, feel and experience both
the components. As a part of practical exposore, I got a golden opportunity
to under go the summer training in TATA MOTORS, a leading name in the
area of automobiles. My summer training project was “Developing
marketing strategy for increasing the sale of light commercial vehicles in
NCR”.
In TATA MOTORS I was entrusted with the job of meeting the customers
and dealers of TATA LPT 407 EX, LTP 709 EX, LPT 909 EX, LPT 1109
EX, M&M 3200 DI, EICHER 10.50, EICHER 10.75, EICHER 10.90,
EICHER 11.10, ASHOK LEYLAND 9.12, ASHOK LEYLAND 11.12 to
get their feedback and recommendations about the improvement in the
product and services in relation to the different project objectives. I came to
know about many things about the after sales services, customer relationship
and above all the importance of customer for the company.
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13
TATA MOTORS
Towards:
Shareholders:-
To consistently create shareholder value by generating returns in
excess of weighted Average cost of capital (WACC) during the upturn
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and at least equal to weighted Average Cost of Capital (WACC) during
the downturn of the business cycle.
Customers:-
To strengthen the Tata brand and create lasting relationship with the
customers by working closely with business partners to provide superior
values for money over the life cycle.
Employees:-
To create seamless organization the incubates and promotes innovation,
excellence and Tata core values.
Purpose:-
To create economic asset for road transport for bulk movement of goods
and people participate in managing these over the life of assets in order to
create and capture economic value
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The First Truck of TATA MOTORS
Senior Management
Mr. Ravi Kant Managing Director
Mr. P P Kadle Executive Director (Finance and Corporate Affairs)
Mr. A P Arya President (Heavy and Medium Commercial
Vehicles) Mr. P M Telang President (Light and Small Commercial
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Vehicles)
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Mr. Rajiv Dube President (Passenger Cars)
Mr. C Ramakrishnan Vice-President (Chairman's Office)
Mr. Shyam Mani Vice-President (Sales & Marketing
-
Commercial Vehicle Business)
Mr. K C Girotra Vice President (Lucknow Works &
FBV) Mr. R S Thakur Vice President (Finance)
Mr. M V Rajarao Vice President (Manufacturing - Pune)
Mr. R K Ghosh Vice President (Customer Car
CommercialVehicles) Mr. S Krishnan Vice President (Commercial -
Passenger Cars)
Mr. Zackria Sait Vice President (Technical
Services) Mr. Akshaykumar
Mankad Head (Car Plant)
Mr. P Y Gurav Vice President (Corporate Finance Accounts
and Taxation)
Dr. S J Tambe Vice President (Human
Resource) Mr. H K Sethna Company Secretary
Corporate Communications
Mr. Debasis Ray
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Areas of Business:-
The company has over 130 models of light, medium and heavy commercial
vehicles ranging from two tonnes to forty tonnes, buses ranging from 12-
seaters to 60-seaters, tippers, special purpose vehicles, off-road vehicles and
defence vehicles.
The company's passenger car range comprises the compact car Indica, the
midsize Indigo and Indigo Marina in both petrol and diesel versions. The
Tata Sumo, the Tata Safari and its variants are the company's multi-utility
vehicle offerings.
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development and technology upgradation. Its Engineering Research Centre
in Pune employs over 1,400 scientists and engineers and has India's only
certified crash-test facility and hemi-anechoic chamber for testing of noise
and vibration.
The company also draws on the resources of leading
international design and styling houses like the Institute of Development in
Automotive Engineering, SPA, Italy, and Stile Bertoni, Italy. The company
has also been implementing several environmentally sensitive technologies
in manufacturing processes and uses some of the world's most advanced
equipment for emission checking and control.
Environmental responsibility:-
Tata Motors has led the Indian automobile industry's anti-pollution efforts
through a series of initiatives in effluent and emission control. The company
introduced emission control engines in its vehicles in India before the norm
was made statutory. All its products meet required emission standards in the
relevant geographies. Modern effluent treatment facilities, soil and water
conservation programmes and tree plantation drives at its plant locations
contribute to the protection of the environment and the creation of Green
belts.
Exports:-
Tata Motors' vehicles are exported primarily to Europe, Africa, the Middle
East, South and South East Asia and Australia. The company also has
assembly operations in Malaysia, Bangladesh, Ukraine, Kenya and Russia.
Over the years, the company has received more than 50 awards from the
government of India's Engineering Export.
Promotion Council, for its export initiatives. While currently about 14 per
cent (as on March 31, 2005) of its revenues are from its international
business, the company intends to increase its international business through
organic and inorganic growth routes.
Associates:-
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LOCATION OF THE PLANTS
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JAMSHEDPUR
PUNE
LUCKNOW
Birth 1991
Plant Area 600 acres
Divisions Assembly
Training
INDUSTRY GROWTH
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FUTURE OF THE AUTOMOBILE IN
ECONOMY
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GROWTH AND OUTPUT IN INDUSTRY
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TATA MOTORS‟ FLASH FIGURES FOR
MAY 2007
PRODUCTION
SALES
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Five core values of Tata motors
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TATA„s Culture
Organizational Culture:-
“A century of Trust”
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Subsidiaries:-
Tata Construction equipment company Ltd. (TELCON):- Its principal
business is manufacture and sale of construction, material handling and
earthmoving equipment.
HV Axles Ltd.:- It was incorporated on March 13, 2000 with the objective
of acquiring the Heavy duty axle division of Tata engineering at Jamshedpur
as a going concern. It supplies axles and their parts to Tata engineering
against purchase order raised by Tata engineering on HVAL.
Telco Automation Ltd.:- It was incorporated on March 13, 2000 with the
objective of acquiring the machine tool and growth division of tata
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engineering as a going concern. As and when required, tata engineering
sources factory automation equipment from TAL.
Strategic alliances:-
Tata engineering has several joint ventures and alliance. These included
Tata Cummins Ltd.:- A joint venture with Cummins engine company inc.,
USA, makes fuel efficient, low emission, environment friendly diesel
engines.
Tata Holset Ltd.:- A joint venture with Holset engineering company, UK,
makes turbochargers for diesel engines manufactured by Tata Cummins Ltd.
and other OEMs.
Tata precision Industries Pvt. Ltd.:- Singapore for the manufacture and sale
of high precision tooling as well as electronic and plastic components for the
computer industry.
Tata Engineering Services Ltd.:- Singapore, for the sale of spare parts for
tata vehicles.
Nita company Ltd.:- Bangladesh, for the assembly and sale of the tata
commercial vehicles.
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RESEARCH AND DEVELOPMENT
The CAD centre is equipped with 53 state-of-the-art CAD stations and the
latest software. The CAD centre is a vital organ of ERC's Cab Design
Section.
CAD designing involves development of vehicle specifications, styling
interiors and exteriors, reviewing the styling from the engineering and
aesthetic points of view, virtual prototyping to check for design acceptability
and feasibility of manufacture.
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INTRODUCTION
TO
PROJECT
“DEVELOPING
MARKETING
STRATEGIES FOR
INCREASING THE SALE
OF LIGHT COMMERCIAL
VEHICLES OF TATA
MOTORS IN NCR”
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OBJECTIVE OF THE STUDY
5. To identify the factors which can affect the sales of the above
mentioned vehicles?
6. To analyze the strength and the weakness of the Tata motors in the
L.C.V sectors and its competitors.
7. To acquire knowledge about the different financer and their term and
conditions.
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SCOPE OF THE STUDY
Scope of the study covers a wide range of theoretical application and
administrative aspect, under which product reaches from the producer to the
ultimate consumer.
The objective is mainly to find the true value of business activity of the firm.
Finally, it will be concluded after successful completion of the studies in
respect of fruitful implementation of the knowledge.
The present study aims to analyse the existing practices in market by Tata
Motors and its competitors and to suggest any modification if required in the
marketing strategy to increase the market share in the NCR.
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RESEARCH DESIGN
The study was exploratory type at the beginning because much was not
known about the dealers and the customers but at the later stage it was a
descriptive type because it depicts characteristics or functions of the market.
It describes the number, distribution and socio-economic characteristics of
potential customer for the product. The study was undertaken to answer the
following research questions.
2) How extensively vehicles are used and the attributes towards such
vehicles.
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RESEARCH METHODOLOGY
The data was collected both with the help of primary as well as
secondary
Sources.
PRIMARY DATA
For primary data, I proceeded with the drafting of the questionnaire for consumers was
structured
as undisguised, & Personal -interview retailers. And it was handed personally by me to
the respondents
to be analysed.
The questionnaire method was used-
a) To get first and relevant and unbiased information
b) Questionnaire provides versatility and solutions can be obtained by just asking the
questions.
c) Questioning is usually faster and cheaper.
d) Moreover, there is more control over data gathering activities
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SECONDARY DATA
Secondary data was also collected personally by me, which the company has furnished for the
general public. The secondary data was gathered with the help of various magazines, newspapers,
journals, brochures and also through the internet. For secondary sources no field work was
employed.
In order to amplify the empirical findings from primary and secondary sources, a survey was
conducted both of consumers and retailers in order to gauge the market opinion.
The questionnaire was of multiple choices and the pattern of questions was as simple as possible.
With every question, multiple choices were given and respondents were asked to select one of them.
The questionnaire technique was structured and not disguised as the questions followed one pattern
and reason behind the questionnaire was stated properly. All the questions were directly related to
the subject
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TOOLS USED FOR DATA
COLLECTION
DATA SOURCES
JOURNAL INTERNET
PAMPHLETS
1. Bar diagram
2. Pie charts
3. Tables
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Sample size
Tatanagar
Ranchi (capital)
Hazaribagh
Dhanbad
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ORGANIZATIONAL STRUCTURE
BUSINE SS UNIT(CVBU)
Sr VP (Manuf JSR)
DGM(CUSTOMER SERVICES-CV
Sr vp (manuf pune)
GM Manuf lucknow)
Lobs 1,2,3,4
Gen eral Man ager
GM (Corporate HRD)
Sales –( CV BU)
AGM Mgr RM
AGM DM LCV RM RM
Logistics RM East
Govt &Inst sales O&DD SALES North South
West
Area Area
Area Office Office Area
Office Office
The figure above shows the organizational hierarchy which is related with
the working of the Area office with other departments. The project was
conducted in the Area office which primarily deals with the Marketing and
sales of the commercial and passenger Vehicles.
AREA OFFICE
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TATA MOTORS PRODUCT LINE
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DISTRIBUTION CHANNEL
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DISTRIBUTION CHANNEL
Mr. R. P. Kamani
ENAR INDUSTRIAL ENTP. LTD. Tel.:'06542-247696 /
WESTERN AVENUE, BOKARO 247684 ; 9431180444
STEEL CITY DHANBAD - 827 001 Fax.06542-242915
NCR Cable:ENARCO
E-mail.: [email protected]
Mr S. P. Sinha
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A MICRO PERSPECTIVE ON
COMMERCIAL VEHICLE SECTOR
Global demand for truck is largely cyclic and the stage of cycle is related to
the prevailing macro economic conditions. The economies are more
interconnected now than ever before.
The motor vehicles act that came into effect in July 1989, intended to
streamline laws related to emission norms, maximum age of vehicles,
restructuring on payload and other safety measures. However overloading
practices still prevail. The pricing of commercial vehicles to a great extent
depends upon excise duty which was rationalized to 16% in 2001-2002
budgets.
Infrastructure key growth driver: In the long term, the long haul market will
shift towards medium and heavy multi axel vehicles following closely the
trends in developed countries. M&HCV‟s are used for transport of heavy
commodities such as steel, cement and fertilizers. LCV‟s are preferred for
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The
Main Competitors
Of
TATA MOTORS
In LCV sector are:-
Ashok Leyland
Mahindra & Mahindra
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Eicher
The origin of Ashok Leyland can be traced to the urge for self- reliance, felt
by independent India. Pandit Jawaharlal Nehru, India's first Prime Minister
persuaded Mr. Raghunandan Saran, an industrialist, to enter automotive
manufacture. In 1948, Ashok Motors was set up in what was then Madras,
for the assembly of Austin Cars. The Company's destiny and name changed
soon with equity participation by British Leyland and Ashok Leyland
commenced manufacture of commercial vehicles in 1955.
Since then Ashok Leyland has been a
major presence in India's commercial vehicle industry with a tradition of
technological leadership, achieved through tie-ups with international
technology leaders and through vigorous in-house R&D.
Access to international technology
enabled the Company to set a tradition to be first with technology. Be it full
air brakes, power steering or rear engine busses, Ashok Leyland pioneered
all these concepts. Responding to the operating conditions and practices in
the country, the Company made its vehicles strong, over-engineering them
with extra metallic muscles. "Designing durable products that make
economic sense to the consumer, using appropriate technology", became the
design philosophy of the Company, which in turn has moulded consumer
attitudes and the brand personality.
Ashok Leyland vehicles have built a
reputation for reliability and ruggedness. The 5, 00,000 vehicles we have
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put on the roads have considerably eased the additional pressure placed on
road transportation in independent India.
In the populous Indian metros, four out of the five State Transport
Undertaking (STU) buses come from Ashok Leyland. Some of them like the
double-decker and vestibule buses are unique models from Ashok Leyland,
tailor-made for high-density routes.
In 1987, the overseas holding by Land Rover Leyland International Holdings
Limited (LRLIH) was taken over by a joint venture between the Hinduja
Group, the Non-Resident Indian transnational group and IVECO. (Since July
2006, the Hinduja Group is 100% holder of LRLIH).
The blueprint prepared for the future reflected the global ambitions of the
company, captured in four words: Global Standards, Global Markets. This
was at a time when liberalization and globalization were not yet in the air.
Ashok Leyland embarked on a major product and process up gradation to
match world-class standards of technology.
In the journey towards global standards of quality, Ashok Leyland reached a
major milestone in 1993 when it became the first in India's automobile
history to win the ISO 9002 certification. The more comprehensive ISO
9001 certification came in 1994, QS 9000 in 1998 and ISO 14001
certification for all vehicle manufacturing units in 2002. It has also become
the FIRST INDIAN AUTO COMPANY TO RECEIVE THE LATEST
ISO/TS 16949 CORPORATE CERTIFICATION (in July 2006)
which is specific to the auto industry.
Ashok Leyland has six manufacturing plants - the mother plant at
Ennore near Chennai, two plants at Hosur (called Hosur I and Hosur II,
along with a Press shop), the assembly plants at Alwar and Bhandara. The
total covered space at these six plants exceeds 450,000 sq m and together
employs over 11,500 personnel.
MANUFACTURING PLANTS
ENNORE
HOSUR : UNIT 1
HOSUR : UNIT 2
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HOSUR : UNIT 2A
ALWAR
BHANDARA
The birth of Mahindra & Mahindra began when K.C. Mahindra visited the
United States of America as Chairman of the India Supply Mission. He met
Barney Roos, inventor of the rugged 'general purpose vehicle' or Jeep and
had a flash of inspiration: wouldn't a vehicle that had proved its invincibility
on the battlefields of World War II be ideal for India's rugged terrain and its
kutcha rural roads?
Swift action followed thought. The Mahindra brothers joined hands with a
distinguished gentleman called Ghulam Mohammad. And, on October 2nd,
1945, Mahindra & Mohammad was set up as a franchise for assembling
jeeps from Willys, USA.
Two years later, India became an independent nation and Mahindra &
Mohammad changed its name to Mahindra & Mahindra. Ghulam
Mohammad migrated to Pakistan post-partition and became the first Finance
Minister of Pakistan.
Since then, Mahindra & Mahindra has grown steadily in size and stature and
evolved into a Group that occupies a premier position in almost all key
sectors of the economy. The Group's history is studded with milestones.
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Each one taking the Group forward. In fact, today, its total turnover is about
4* billion dollars.
These days, Mahindra is a group in a hurry, engaged in an ambitious,
sustained and prolonged penetration into the global arena. Its spirit can be
encapsulated in the words of the poet Robert Frost, a favorite of India's first
Prime Minister, Pandit Jawaharlal Nehru:
For Mahindra & Mahindra, this translates into many more milestones to be
set up before it rests. If ever.
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supported by service centres and over 4500 company trained private
mechanics, which are close at hand on all major highways throughout
India to provide initial "first aid" to the vehicles if required.
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ANALYSIS
CABIN COMFORT LEVEL
0
TOTALLY SATISFIED % TOTALLY SATISFIED
0% 0%
7% 0% SOME WHAT 14% 25% SOME WHAT
27% SATISFIED SATISFIED
NEUTRAL NEUTRAL
62% of the tata motors customers are satisfied with the cabin comfort level
but side by side 8% of the customer is not so much satisfied with it, which is
less in the case of M&M and Ashok Leyland which are its main competitors
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STABILITY
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HIGH LOAD CAPACITY
0%
TOTALLY SATISFIED TOTALLY SATISFIED
0% 0%
13% 0% SOME WHAT 0% SOME WHAT
SATISFIED SATISFIED
47%
NEUTRAL NEUTRAL
49% 53%
38% SOME WHAT NOT SOME WHAT NOT
SATISFIED SATISFIED
TOTALLY NOT TOTALLY NOT
SATISFIED SATISFIED
0%
0%
TOTALLY SATISFIED 0% TOTALLY SATISFIED
0%
20% 0% 17% 8% SOME WHAT
SOME WHAT
SATISFIED SATISFIED
NEUTRAL NEUTRAL
In high load capacity Ashok Leyland is ahead of Tata Motors with 80%
totally satisfied which is 49% in the case of Tata motors.
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MAINTANANCE COST
0%
TOTALLY SATISFIED TOTALLY SATISFIED
0%
0%
23% 25% SOME WHAT 0%
SOME WHAT
SATISFIED 31%
38% SATISFIED
NEUTRAL NEUTRAL
0%
0%
TOTALLY SATISFIED TOTALLY SATISFIED
0%
0%
0% 17% SOME WHAT
SOME WHAT
33% SATISFIED
SATISFIED 8%
NEUTRAL NEUTRAL
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.PROFITABILITY
TOTALLY SATISFIED
0%
TOTALLY SATISFIED
0% SOME WHAT 0%
8% 0% SATISFIED 0% SOME WHAT
NEUTRAL 38% SATISFIED
30%
NEUTRAL
49% SOME WHAT NOT
SATISFIED 62% SOME WHAT NOT
TOTALLY NOT SATISFIED
13%
SATISFIED TOTALLY NOT
SATISFIED
0%
TOTALLY SATISFIED TOTALLY SATISFIED
0% 0%
0% SOME WHAT 28% 0% SOME WHAT
33% SATISFIED SATISFIED
44%
NEUTRAL NEUTRAL
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RELIABILITY
0%
0%
TOTALLY SATISFIED TOTALLY SATISFIED
0% 0%
18% 20% SOME WHAT 21% 0% SOME WHAT
SATISFIED SATISFIED
NEUTRAL NEUTRAL
0% 0%
TOTALLY SATISFIED TOTALLY SATISFIED
0% 0%
20% 0% SOME WHAT 0% SOME WHAT
31%
SATISFIED SATISFIED
NEUTRAL NEUTRAL
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AVAILABILITY OF SPARE PARTS
0% 0%
TOTALLY SATISFIED TOTALLY SATISFIED
0% 0%
10% 0% SOME WHAT 28% SOME WHAT
SATISFIED SATISFIED
NEUTRAL NEUTRAL
56%
SOME WHAT SOME WHAT NOT
16%
90% NOT SATISFIED SATISFIED
TOTALLY NOT TOTALLY NOT
SATISFIED SATISFIED
0%
SOME WHAT NOT SOME WHAT NOT
73% SATISFIED 72% SATISFIED
TOTALLY NOT TOTALLY NOT
SATISFIED SATISFIED
0%
TOTALLY SATISFIED 0% TOTALLY SATISFIED
0%
0%
23% SOME WHAT SOME WHAT
29% 31%
SATISFIED SATISFIED
3%
NEUTRAL NEUTRAL
TOTALLY SATISFIED
0% 0%
TOTALLY SATISFIED
0% 0% SOME WHAT
20% 0% 14% SATISFIED
SOME WHAT 0% 28%
SATISFIED NEUTRAL
NEUTRAL
SOME WHAT NOT
SATISFIED
SOME WHAT
80% NOT SATISFIED 58% TOTALLY NOT
SATISFIED
TOTALLY NOT
SATISFIED
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SATISFACTION LEVEL
TATA
3% 0% TOTALLY SATISFIED
TOTALLY SATISFIED
0% 0%
25% SOME WHAT
8% SOME WHAT 37% SATISFIED
SATISFIED NEUTRAL
25%
NEUTRAL
SOME WHAT NOT
64% SOME WHAT 38% SATISFIED
NOT SATISFIED TOTALLY NOT
TOTALLY NOT SATISFIED
SATISFIED
ASHOK LEYLAND
EICHER
0% 0%
TOTALLY SATISFIED
0% TOTALLY SATISFIED
0%
20% 0% SOME WHAT 8%
28% SOME WHAT
SATISFIED SATISFIED
NEUTRAL NEUTRAL
64% of TATA MOTORS customers are totally satisfied with it, 25%says
that they are some what satisfied and 8% are neutral.
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FINDINGS
61
PRICES OF THE PRODUCTS.
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TATA MOTORS NETWORK IN INDIA
Main Dealer
Branch
Telc Authorized Service Station
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SALES PROMOTIONS
The Promotion element of marketing mix communicates the customers
for their solution. Hence, promotion to the design and manage the
marketing mix element to inform perused and remind current and
potential customer. There are five forms of promotion
Personal selling
Adverting
Sales Promotion
Public Relations
Publicity
In our survey I have found that the tata motors mainly focuses and put
stress more on sales promotion, public relation than the rests.
2. Various financing schemes are run by tata motors from time to time
in collaborations with various financial institutions to provide easy and
flexible financing facility to its customers.
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4. Various exchange offers are provided to the public, in which people
can exchange there old vehicles with brand new ones
Available for vehicles from 0-8 years of age for loan duration of
12 to 48 months. All this with TMF advantages of faster loan
disbursals, attractive interest rates and flexible terms.
1) SALARIED INDIVIDUALS –
Eligibility Criteria:-
Documents required:-
Proof of Identity:-
Passport , Photo Credit Card, PAN Card, Voters Id car, driving license,
Employee ID issued by Government of India, PSU, Limited
companies, Local Panchayat ID card, Notary certification with
Photograph.
Income Proof: -
Latest salary slip with form 16.
Address Proof: -
Lease Agreement, Ration card, Driving license, House Tax Challan,
Housing Society Bill, Voters card, passport, telephone bill, electricity bill,
Water Tax Challan, Telephone Bill / WLL Connection, Credit Card
Statement, Post Paid mobile bills (2 bills required – bill of the last
completed month and of 6 month before the last completed month), PAN
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Card, Bank
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Certification / Statement duly certified by the bank in original, Gas
Connection Bill.
Eligibility Criteria:-
Documents required:-
Proof of Identity:-
Passport, PAN Card, Voters Id car, driving licence,Latest Sales tax
assessment order, Sale tax registration certificate.
Income Proof: -
Latest ITR.
Address Proof: -
The documents collected towards identity proof to reflect the current address
of the concern/firm.
Proof of Identity:-
Partnership deed, Shop & Establishment Act certificate, Latest Sales tax
assessment order, Sale tax registration certificate.
Income Proof: -
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SWOT ANALYSIS
(A THEORETICAL ASPECT)
This is the technique that plays a very crucial role at the time of making
policy and strategy regarding a particular field. Almost, all the companies
adopt this technique and review it time to time for making their strategies
more effective so that they achieve their smoothly.
Actually, the term SWOT
consists of four letters and all the letters represent its own attributes as
follows:-
Strengths: -
1. Good availability of parts everywhere. It means spare parts of
TML available in any place.
6. All the parts are available in TATA‟S retailer but not available in
Ashok Leyland‟s retailer.
8. Always prefer original parts because you never want to send your child
in inferior school.
Weakness:-
1. High price of part about 10% higher price to other competitor.
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LIMITATION OF THE STUDY
A perusal of the study will definitely lead one to understand
that the present study has been taken-up under a number of
constraints. By n large, I faced these difficulties and
limitations.
The study was conducted in 45 days and that was not enough for such a
vast topic.
1. Lack of resources like proper information and data.
2. Absence of the vehicle owners were also a reason not to get the
correct information.
3. Lack of proper information of the owner & the vehicle staff.
4. The company could not provide data for initial understanding of the
automobile market and also the database of customers.
5. The area of survey is restricted to the geographical area of four cities
of NCR (Jamshedpur, Ranchi, Dhanbad and Hazaribag) as the area
was assigned by the concerned.
6. The size of sample is limited to 142 because of the time constraints
through it has been tried to make this sample as representative as
possible.
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CONCLUSION:-
In the span of 6 years
known among the people for its core value “trust & loyalty “. This leads to
Findings say that TATA MOTORS has always scope to regain its lost
market share.
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Technical specifications –
Books –
Internet sites –
www.tatamotors.comwww.tata.com
www.wikipedia.com
www.mahindra.com
www.ashokleyland.com
www.eicher.com, www.google.com (images)
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Appendix
Questionnaires
NAME……………………………………………………………….
ADDRESS……………………………………………………………
PHONE NO…………………………………………………………..
4. Was it financed?
YES…………………… No….…………………..
5. Which financer?
……………………..………………………………..………………
6. Application
a. Down Payment
b. Rate of Interest
c. Advanced EMI Paid YES……NO… How much…...……………………
d .Tenure in Month YES…….NO... Amount/Percentage……….………
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8. What was your previous choice?
…………………………………........................................................
Low High
Low High
Low High
Low High
Low High
Low High
Low High
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Savings to Industry Certificate
This is to certify that Ms. Khushi Yadav students of BBA from, Galgotias University,
Greater Noida has completed Internship successfully from...........................................to
……………………. During this period, he/she has shown good interest in the
assignment/works given to them and worked hard.
During their tenure of internship, they were hard working and focused on activities
assigned to them. Project work submitted by them has the potential to save cost up to Rs.
….. lakh/year. Also, they were entitled for stipend of Rs. NIL /- per month along with
canteen, transportation & accommodation facilities.
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Cost of Industrial Solution Certificate
Industry has spent Rs.NIL* amount on their ideas/industries problem, which they have
successfully implemented.
(*** Enter NIL amount if industry does not agree to mention amount)
73