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C O N T E N T S
EXECUTIVE SUMMARY PAGE NO
Chapter-1 1-7
Introduction
Objectives of the study
Need, Scope of the study
Chapter-2 8-48
Industry Profile
Company Profile
Chapter-3 49-51
Research Methodology
Chapter-4 52-66
Data analysis and Interpretation
Chapter 5 67-71
Limitations
Findings
Suggestions
Questionnaire 72-74
Bibliography 75-76
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CHAPTER-1
INTRODUCTION
OBJECTIVES OF THE STUDY
NEED, SCOPE OF THE STUDY
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CONSUMER BEHAVIOUR
INTRODUCTION
consumer behaviour is the level of a person felt state resulting from
comparing a products perceived performance in relation to the persons
expectations.
Philip kotler
Consumer behaviour is a persons feeling of pleasure or disappointment
resulting from comparing with products perceived performance in relation to his or
her expectations.
Philip Kotler
Many organizations have not got a clue about the consumers perceive the goods
and services they supply. Consumers attitude to be that so long as people buy
their products then the products must be accepted.
Firstly, consumer may buy a given product of services simply because there is no
other option and they would prefer to purchase what you are offering them to go
out altogether.
Secondly, the fact that a product or services may be accepted does not mean that it
will continue to sell. Competitors may see opportunities, consumer expectations
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may change consumer tastes may move on. If standards dont rise and service
evolve and then download sales will appear.
A worse situation arises when the organizations havent got a clue of the
consumers perceptions but think they have. Another situation is when the
organization dont have clue of their consumers perception and dont care either
the org may believe that it is in a monopoly situation and its consumers cant go
else where.
METHDODS OF CONSUMER BEHAVIOUR:
COMPLAINTS SUGGESTIONS SYSTEM: A consumer centered org would
male it easy for its consumers to deliver suggestions and complaints e.g. installing
suggestion boxes, questionnaire.
CONSUMER BEHAVIOUR SURVEY: A Company must not conclude that it
can get a full picture of consumer suggestions system.
Responsive companies obtain direct measure of consumer behaviour by conducting
periodic surveys. They send questionnaire or make telephone calls to find out how
they feel about the rating aspects of the companys performances. They will also
solicit buyer view on competitors performance.
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GHOST SHOPPING: Another way to measure consumer behaviour is to hire
persons to pose as potential buyers to report their findings okay strong and weak
point they experienced in buying the company and competitors products.
Managers can themselves pose as shoppers and experience first hand, the treatment
they receive as consumer.
LOST CONSUMER ANALYSIS: A Company should contact consumer, who
have stopped buying, or who have switched to another suppler to learn what
happened. Not only it is important to conduct exit interview but also to monitor the
indication that the company is falling to satisfy it consumer analysis.
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OBJECTIVES OF THE STUDY
a) To study about the consumer behaviour on the service provided by therithvikaa bajaj.
b) To identify the problems experienced by the consumers with rithvikaa bajaj.
c) To know the influence of promotional activities towards 2- wheelers fromconsumers,
d) To find the consumer behaviour of to the consumers,
e) To Find the reasons for the disconsumer behaviour.
f) To know the effective factors for the preferring 2- wheeler vehicles.
g) To know the awareness of the 2- wheeler vehicles,
h) To know whether the consumers are satisfied by the features of the 2 wheelers,
i) To find the area to be improved,
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NEED AND SCOPE OF THE STUDY
NEED
Most marketers see the goal of marketing as those of maximizing not consumption
but consumer behaviour every company exist because they produce goods or
services as required by the consumer. So it is very important that these which the
company produces should satisfy the needs of consumers.
SCOPE
Bajaj Motors aims to deliver its products to retain and create new consumers for its
brand name by its enhanced consumer behaviour process.
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CHAPTER-2
INDUSTRY PROFILE
COMPANY PROFILE
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INDUSTRY PROFILE
The Indian automotive industry consists of five segments: commercial vehicles;multi-utility vehicles & passenger cars; two-wheelers; three-wheelers; and tractors.With 5,822,963 units sold in the domestic market and 453,591 units exportedduring the first nine months of FY2005 (9MFY2005), the industry (excludingtractors) marked a growth of 17% over the corresponding previous. The two-wheeler sales have witnessed a spectacular growth trend since the mid nineties.
Two-wheelers: Market Size & Growth
In terms of volume, 4,613,436 units of two-wheelers were sold in the country in9MFY2005 with 256,765 units exported. The total two-wheeler sales of the Indianindustry accounted for around 77.5% of the total vehicles sold in the period
mentioned.
Figure 1
Segmental Growth of the Indian Two Wheeler
Industry (FY1995-2004)
After facing its worst recession during the early 1990s, the industry bounced backwith a 25% increase in volume sales in FY1995. However, the momentum couldnot be sustained and sales growth dipped to 20% in FY1996 and further down to12% in FY1997. The economic slowdown in FY1998 took a heavy toll of two-wheeler sales, with the year-on-year sales (volume) growth rate declining to 3%that year. However, sales picked up thereafter mainly on the strength of an increasein the disposable income of middle-income salaried people (following the
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implementation of the Fifth Pay Commission's recommendations), higher access torelatively inexpensive financing, and increasing availability of fuel efficient two-wheeler models. Nevertheless, this phenomenon proved short-lived and the two-wheeler sales declined marginally in FY2001. This was followed by a revival insales growth for the industry in FY2002. Although, the overall two-wheeler salesincreased in FY2002, the scooter and moped segments faced de-growth. FY2003also witnessed a healthy growth in overall two-wheeler sales led by higher growthin motorcycles even as the sales of scooters and mopeds continued to decline.Healthy growth in two-wheeler sales during FY2004 was led by growth inmotorcycles even as the scooters segment posted healthy growth while the mopedscontinued to decline. Figure 1 presents the variations across various product sub-segments of the two-wheeler industry between FY1995 and FY2004
MARKET CHARACTERISTICS
Segmental Classification and Characteristics
The three main product segments in the two-wheeler category are scooters,motorcycles and mopeds. However, in response to evolving demographics andvarious other factors, other subsegments emerged, viz. scooterettes, gearlessscooters, and 4-stroke scooters. While the first two emerged as a response todemographic changes, the introduction of 4-stroke scooters has followed theimposition of stringent pollution control norms in the early 2000. Besides, these
prominent sub-segments, product groups within these sub-segments have gainedimportance in the recent years. Examples include 125cc motorcycles, 100-125 ccgearless scooters, etc. The characteristics of each of the three broad segments arediscussed in
Segmental Market Share
The Indian two-wheeler industry has undergone a significant change over the past
10 years with the preference changing from scooters and mopeds to motorcycles.The scooters segment was the largest till FY1998, accounting for around 42% ofthe two-wheeler sales (motorcycles and mopeds accounted for 37% and 21 % ofthe market respectively, that year). However, the motorcycles segment that hadwitnessed high growth (since FY1994) became larger than the scooter segment interms of market share for the first time in FY1999. Between FY1996 and9MFY2005, the motorcycles segment more than doubled its share of the two-
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and utility across various applications. Motorcycles, on the other hand, have beentraditionally positioned as vehicles of power and style, which are rugged and moredurable. These features have now been complemented by the availability of newdesigns and technological innovations. Moreover, higher mileage offered by theexecutive and entry-level models has also attracted interest of two-wheelerconsumer. Given this market positioning of scooters and motorcycles, it is notsurprising that the new set of consumers has preferred motorcycles to scooters.With better ground clearance, larger wheels and better suspension offered bymotorcycles, they are well positioned to capture the rising demand in rural areaswhere these characteristics matter most.
Scooters are perceived to be family vehicles, which offer more functional valuesuch as broader seat, bigger storage space and easier ride. However, with thesecond-hand car market developing, a preference for used cars to new two-
wheelers among vehicle buyers cannot be ruled out. Nevertheless, the past fewyears have witnessed a shift in preference towards gearless scooters (that arepopular among women) within the scooters segment. Motorcycles, offer higherfuel efficiency, greater acceleration and more environment-friendliness. Given thedeclining difference in prices of scooters and motorcycles in the past few years, thepreference has shifted towards motorcycles. Besides a change in demographicprofile, technology and reduction in the price difference between motorcycles andscooters, another factor that has weighed in favour of motorcycles is the high re-sale value they offer. Thus, the consumer is willing to pay an up-front premiumwhile purchasing a motorcycle in exchange for lower maintenance and a relativelyhigher resale value.
Supply
Manufacturers
As the following graph indicates, the Indian two-wheeler industry is highlyconcentrated, with three players-Hero Honda Motors Ltd (HHML), Bajaj AutoLtd (Bajaj Auto) and TVS Motor Company Ltd (TVS) - accounting for over
80% of the industry sales as in 9MFY2005. The other key players in the two-wheeler industry are Kinetic Motor Company Ltd (KMCL), Kinetic EngineeringLtd (KEL), LML Ltd (LML), Yamaha Motors India Ltd (Yamaha), MajesticAuto Ltd (Majestic Auto), Royal Enfield Ltd (REL) and Honda Motorcycle &Scooter India (P) Ltd (HMS
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Shares of Two-Wheeler Manufacturers in Industry Sales
(FY2000-9MFY2005)
Although the three players have dominated the market for a relative long period oftime, their individual market shares have undergone a major change. Bajaj Autowas the undisputed market leader till FY2000, accounting for 32% of the two-wheeler industry volumes in the country that year. Bajaj Auto dominance arosefrom its complete hold over the scooter market. However, as the demand startedshifting towards motorcycles, the company witnessed a gradual erosion of itsmarket share. HHML, which had concentrated on the motorcycle segment, was themain beneficiary, and almost doubled its market share from 20% in FY2000 to
40% in 9MFY2005 to emerge as the market leader. TVS, on the other hand,witnessed an overall decline in market share from 22% in FY2000 to 18% in9MFY2005. The share of TVS in industry sales fluctuated on a year on year basistill FY2003 as it changed its product mix but has declined since then.
Technology
Hitherto, technology transfer to the Indian two-wheeler industry took place mainlythrough: licensing and technical collaboration (as in the case of Bajaj Auto andLML); and joint ventures (HHML).
A third form - that is, the 100% owned subsidiary route - found favour in the early2000s. A case in point is HMSI, a 100% subsidiary of Honda, Japan. Table 2details the alliances of some major two-wheeler manufacturers in India.
Besides the below mentioned technology alliances, Suzuki Motor Corporation hasalso followed the strategy of joint ventures (SMC reportedly acquired equity stake
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in Integra Overseas Limited for manufacturing and marketing Suzuki motorcyclesin India).
Technological tie-ups of Select PlayersNature of Alliance Company Product
Bajaj
Auto
Technological tie-up
Kawasaki HeavyIndustries Ltd, Japan
Motorcycles
Technological tie-up
Tokya R&D Co Ltd,Japan
Two-wheelers
Technological tie-up
Kubota Corp, Japan DieselEngines
HHML Joint Venture Honda Motor Co, Japan Motorcycles
KEL Technological tie-up
Hyosung Motors &Machinery Inc
Motorcycles
KEL Tie up formanufacturingand distribution
Italjet, Italy Scooters
LML Technological tie-up
Daelim Motor Co Ltd Motorcycles
Hero
Motors
Technological tie-up
Scooters
With the two-wheeler market, especially the motorcycle market, becoming offernew models to meet fast changing consumer preferences has become imperative.In this context, the ability to deliver newer products calls for sound technologicalbacking and this has become one of the critical differentiating factor among
companies in the domestic market. Thus, the players have increased their focus onresearch and development with some having indigenously developed new modelsas well as improved technologies to cater to the domestic market. Further, withexports being one of the thrust areas for some Indian two-wheeler companies, theIndian original equipment manufacturers (OEMs) have realised the need toupgrade their technical capabilities. These relate to three main areas: fuel economy,environmental compliance, and performance. In India, because of the cost-
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sensitive nature of the market, fuel efficiency had been an interest area formanufacturers.
It is not only that the OEMs are increasing their focus on in-house R&D, they alsoprovide support to the vendors to upgrade the technology and also assist themstriking technological alliances.
TRENDS IN THE TWO-WHEELER INDUSTRY
Companies raising capacity to meet the growing demand
All the major two-wheeler manufacturers, viz. Bajaj Auto, HHML, TYS, HMSI
and others, have increased their manufacturing capacities in the recent past. Thetotal capacity of these players stood at 7.8 million units per annum (FY2003) asagainst total market sales of 3.8 million units in FY2002. Most of the players haveeither expanded capacity, or converted their existing capacities for scooters andmopeds into those for manufacturing motorcycles. The move has been promptedby the rapid growth reported by the motorcycles segment since FY1995.
HHML increased the capacity of its plants from 1.8 million units in FY2003 to2.25 million in FY2004 and has been able to achieve 92% capacity utilisation. Inlight of the increase in demand for motorcycles, the company plans to set up a new
plant. Since its entry in the Indian market during FY2002, HMSI has aggressivelyexpanded its capacity.
Niche markets also witnessing intense competition
A significant trend witnessed over the past five years is the inclination ofconsumers towards products with superior features and styling. Better awarenessabout international models has raised expectations of consumers on some keyattributes, especially quality, styling, and performance. High competitive intensity
has prompted players to launch vehicles with improved attributes at a price lessthan the competitive models.
In an effort to satisfy the distinct needs of consumers, producers are identifyingemerging consumer preferences and developing new models. For instance, in themotorcycles segment, motorcycles with engine capacity over 150cc, is a segmentthat has witnessed significant new product launches and hence, become more
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competitive. The indigenously launched Pulsar 150 had met with success on itslaunch and thereafter, a host of models have been launched in this segment byvarious players.
While Bajaj Auto launched the Pulsars (150 and 180 cc) with digital twin sparktechnology (DTSi) that offers a powerful engine and fuel efficiency of 125 ccmodels, model launches by other players include LML's Graptor/Beamer, HMSI'sUnicorn besides the HHML's CBZ (improved version launched in 2003-04) andTVS' Fiero F2. Moreover, in the recent past, the motorcycle segment has witnessedlaunch of vehicles with higher engine capacity (higher than 150cc) and power(higher than 15bhp). These include models such as Bajaj Auto Eliminator andRoyal Enfield's Thunderbird followed by HHML's Karisma. Besides these, KELhas launched premium segment motorcycles GF 170 and GF Laser besideslaunching products from the portfolio of its technology partner (Hyosung's Aquilaand Comet 250). The products in this segment cater for style conscious consumers.Quite a few players are developing models combining features such as higherengine capacity" optimum mix of power and performance, and superior styling.However, the extent of shift to these products would depend on the positioning ofsuch products in terms of price.
In the scooters segment, the market for plastic-bodied variomatic scooterscontinues to witness growth in the scenario of overall decline in scooter volumes.
Higher volumes and growth are especially true for certain scooter models, such asHonda Activa, that brought in new technology (besides variomatic transmission) tofurther differentiate themselves. Thus, the need to differentiate and create a nichehas led to companies strengthening their research and development (R&D)capabilities and reducing the development time for new models.
Adequate fiscal incentives are proposed to promote the use of low-emission autofuel technology (in line with the Auto Fuel Policy). The auto policy states theGovernment's intent to align domestic policy with the international practice of
imposing higher road tax on old vehicles so as to discourage their use.
About Bajaj
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The Bajaj Group is amongst the top 10 business houses in India. Itsfootprint stretches over a wide range of industries, spanning automobiles (two-
wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance,
travel and finance.
The groups flagship company, Bajaj Auto, is ranked as the worlds fourth largest
two- and three- wheeler manufacturer and the Bajaj brand is well-known in over a
dozen countries in Europe, Latin America, the US and Asia.
Founded in 1926, at the height of India's movement for independence from the
British, the group has an illustrious history. The integrity, dedication,
resourcefulness and determination to succeed which are characteristic of the group
today, are often traced back to its birth during those days of relentless devotion to acommon cause. Jamnalal Bajaj, founder of the group, was a close confidant and
disciple of Mahatma Gandhi. In fact, Gandhiji had adopted him as his son. This
close relationship and his deep involvement in the independence movement did not
leave Jamnalal Bajaj with much time to spend on his newly launched business
venture.
His son, Kamalnayan Bajaj, then 27, took over the reins of business in 1942. He
too was close to Gandhiji and it was only after Independence in 1947, that he was
able to give his full attention to the business. Kamalnayan Bajaj not only
consolidated the group, but also diversified into various manufacturing activities.
The present Chairman of the group, Rahul Bajaj, took charge of the business in
1965. Under his leadership, the turnover of the Bajaj Auto the flagship company
has gone up from Rs.72 million to Rs.100.76 billion (USD 2.3 billion), its product
portfolio has expanded from one to and the brand has found a global market. He is
one of Indias most distinguished business leaders and internationally respected for
his business acumen and entrepreneurial spirit.
Our Philosophy:
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We approach our responsibilities with ambition and resourcefulness. We organize
ourselves for a transparent and harmonious flow of work. We respect sound theory
and encourage creative experimentation. And we make our workplace a source of
pride. We believe in: Transparency--a commitment that the business is managed
along transparent lines. Fairness&mdash all stakeholders in the Company, butespecially to minority shareholders. Disclosure--of all relevant financial and non-
financial information in an easily understood manner. Supervision--of the
Company's activities by a professionally competent and independent board of
directors. ustomer
New Competition in the 1980s :
Japanese and Italian scooter companies began entering the Indian market in
the early 1980s. Although some boasted superior technology and flashier brands,
Bajaj Auto had built up several advantages in the previous decades. Its consumers
liked the durability of the product and the ready availability of maintenance; the
company's distributors permeated the country.
The Bajaj M-50 debuted in 1981. The new fuel-efficient, 50cc motorcycle was
immediately successful, and the company aimed to be able to make 60,000 of them
a year by 1985. Capacity was the most important constraint for the Indian
motorcycle industry. Although the country's total production rose from 262,000vehicles in 1976 to 600,000 in 1982, companies like rival Lohia Machines had
difficulty meeting demand. Bajaj Auto's advance orders for one of its new mini-
motorcycles amounted to $57 million. Work on a new plant at Waluj, Aurangabad
commenced in January 1984.
The 1986-87 fiscal year saw the introduction of the Bajaj M-80 and the Kawasaki
Bajaj KB100 motorcycles. The company was making 500,000 vehicles a year at
this point.
Although Rahul Bajaj credited much of his company's success with its focus on
one type of product, he did attempt to diversify into tractor-trailers. In 1987 his
attempt to buy control of Ahsok Leyland failed.
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The Bajaj Sunny was launched in 1990; the Kawasaki Bajaj 4S Champion
followed a year later. About this time, the Indian government was initiating a
program of market liberalization, doing away with the old 'license raj' system,
which limited the amount of investment any one company could make in a
particular industry.
A possible joint venture with Piaggio was discussed in 1993 but aborted. Rahul
Bajaj told the Financial Times that his company was too large to be considered a
potential collaborator by Japanese firms. It was hoping to increase its exports,
which then amounted to just five percent of sales. The company began by shipping
a few thousand vehicles a year to neighboring Sri Lanka and Bangladesh, but soon
was reaching markets in Europe, Latin America, Africa, and West Asia. Its
domestic market share, barely less than 50 percent, was slowly slipping.
By 1994, Bajaj also was contemplating high-volume, low-cost car manufacture.
Several of Bajaj's rivals were looking at this market as well, which was being
rapidly liberalized by the Indian government.
Bajaj Auto produced one million vehicles in the 1994-95 fiscal year. The company
was the world's fourth largest manufacturer of two-wheelers, behind Japan's
Honda, Suzuki, and Kawasaki. New models included the Bajaj Classic and the
Bajaj Super Excel. Bajaj also signed development agreements with two Japaneseengineering firms, Kubota and Tokyo R & D. Bajaj's most popular models cost
about Rs 20,000. 'You just can't beat a Bajaj,' stated the company's marketing
slogan.
The Kawasaki Bajaj Boxer and the RE diesel Autorickshaw were introduced in
1997. The next year saw the debut of the Kawasaki Bajaj Caliber, the Spirit, and
the Legend, India's first four-stroke scooter. The Caliber sold 100,000 units in its
first 12 months. Bajaj was planning to build its third plant at a cost of Rs 4 billion
($111.6 million) to produce two new models, one to be developed in collaboration
with Cagiva of Italy.
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New Tools in the 1990s
Still, intense competition was beginning to hurt sales at home and abroad during
the calendar year 1997. Bajaj's low-tech, low-cost cycles were not faring as well as
its rivals' higher-end offerings, particularly in high-powered motorcycles, sincepoorer consumers were withstanding the worst of the recession. The company
invested in its new Pune plant in order to introduce new models more quickly. The
company spent Rs 7.5 billion ($185 million) on advanced, computer-controlled
machine tools. It would need new models to comply with the more stringent
emissions standards slated for 2000. Bajaj began installing Rs 800 catalytic
converters to its two-stroke scooter models beginning in 1999.
Although its domestic market share continued to slip, falling to 40.5 percent, Bajaj
Auto's profits increased slightly at the end of the 1997-98 fiscal year. In fact, Rahul
Bajaj was able to boast, 'My competitors are doing well, but my net profit is still
more than the next four biggest companies combined.' Hero Honda was perhaps
Bajaj's most serious local threat; in fact, in the fall of 1998, Honda Motor of Japan
announced that it was withdrawing from this joint venture.
Bajaj Auto had quadrupled its product design staff to 500. It also acquired
technology from its foreign partners, such as Kawasaki (motorcycles), Kubota
(diesel engines), and Cagiva (scooters). 'Honda's annual spend on R & D is morethan my turnover,' noted Ruhal Bajaj. His son, Sangiv Bajaj, was working to
improve the company's supply chain management. A marketing executive was
lured from TVS Suzuki to help push the new cycles.
Several new designs and a dozen upgrades of existing scooters came out in 1998
and 1999. These, and a surge in consumer confidence, propelled Bajaj to sales
records, and it began to regain market share in the fast-growing motorcycle
segment. Sales of three-wheelers fell as some states, citing traffic and pollution
concerns, limited the number of permits issued for them.
In late 1999, Rahul Bajaj made a bid to acquire ten percent of Piaggio for $65
million. The Italian firm had exited a relationship with entrepreneur Deepak
Singhania and was looking to reenter the Indian market, possibly through
acquisition. Piaggio itself had been mostly bought out by a German investment
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bank, Deutsche Morgan Grenfell (DMG), which was looking to sell some shares
after turning the company around. Bajaj attached several conditions to his purchase
of a minority share, including a seat on the board and an exclusive Piaggio
distributorship in India.
In late 2000, Maruti Udyog emerged as another possible acquisition target. The
Indian government was planning to sell its 50 percent stake in the automaker, a
joint venture with Suzuki of Japan. Bajaj had been approached by several foreign
car manufacturers in the past, including Chrysler (subsequently DaimlerChrysler)
in the mid-1990s.
Employment fell from about 23,000 in 1995-96 (the year Bajaj suffered a two-
month strike at its Waluj factory) to 17,000 in 1999-2000. The company planned to
lay off another 2,000 workers in the short term and another 3,000 in the following
three to four years.
Principal Subsidiaries:
Bajaj Auto Finance Ltd.; Bajaj Auto Holdings Ltd.; Bajaj Electricals Ltd.; Bajaj
Hindustan Ltd.; Maharashtra Scooters Ltd.; Mukand Ltd.
Principal Competitors:
Honda Motor Co., Ltd.; Suzuki Motor Corporation; Piaggio SpA , Hero Honda ,
Yamaha Motors
KEY STEP TOWARDS STRATEGIC PLAN
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KEYS TO BUSINESS STRATEGIES
A SWOT analysis is a planning tool used to understand this strategies,strengths, weakness opportunities and threats involved in project or in abusiness. It involves stating the objective of the business and identifying theexternal and internal factors that are either supportive or unfavorable to achievethat objective.
Internal Factors
Positive factors Negative Factors
Strengthens Weakness
Opportunities Threats
External Factors
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SWOT ANALYSIS OF BAJAJ AUTOS ARE AS FOLLOWS
Strength :
Highly experienced management
Product design and developed capabilities
Extensive R & D focus
Wide spread distribution network
Highly export to domestic sales ratio
High economics of sales
High economics of scope
Weakness :
Hasnt employed the excess cash for low
Not a global player in spite of huge volumes
Opportunities :
Double digit growth in two Three wheelers market
Untapped market above 18occ in motor cycles
More maturity and movement towards higher end motors
The growing gearless trends scooters and scooters market.
Threats :
The competition catches -up any new innovation in no time
Threat of cheap imported motorcycles from china
Margins getting squeezed from both the directions (Price as well as cost)
Hero Honda is a serious competition for two wheeler segment.
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Infrastructure
Plants
Bajaj Auto's three plants at Akurdi, Waluj and Chakan in Maharashtra and oneplant at Pant Nagar in Uttranchal, western India, produced 1,814,799 vehicles in2004-05.
Akurdi Geared scooters, ungeared scooters, CT100 and Discover
Waluj Bajaj - Kawasaki range of motorcycles and three-wheelers
Chakan Bajaj motorcycles - Pulsar and Discover
PantNagar
Bajaj motorcycles Platina
Plant Locations
Bajaj Auto plants are located at:
Mumbai - Pune Road, Akurdi, Pune 411 035
Bajaj Nagar, Waluj, Aurangabad 431 136
MIDC, Plot No A1, Mahalunge Village, Chakan 410 501 Dist. Pune
Plot No. 2, Sectoe 10 Phase II - E, Pant Nagar, Sidcul, Rudrapur Dist.
Udhamsingh Nagar Uttranchal
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Key Policies
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PRODUCTS & SERVICES
Products
BAJAJ XCD 135 DTS-Si
PULSAR220 DTS-Fi
BAJAJ PLATINA
BAJAJ DISCOVER
BAJAJ PULSAR DTS-i
BAJAJ AVENGER DTS-i
SCOOTERS
THREE WHEELERS
Service
Constant endeavourer is to support the companys mandate of providing highest
level of consumer behaviour by taking CARE of motor cycle service &
maintenance through vast network of committed dealers & service outlets spread
across the country State-of-the-art authorized workshop have well laid out
standards for motorcycle servicing supported by fully equipped infrastructure in
terms of quality precision instruments, pneumatic tools & a team of highly trained
service technicians. Having motorcycle serviced at an authorized workshop
ensures highest standards of service quality and reliability.
Management Profile:
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Rahul Bajaj Chairman
Madhur Bajaj Vice Chairman
Rajiv Bajaj Managing Director
Sanjiv Bajaj Executive Director
Abraham Joseph Vice President (Research & Development)S Sridhar CEO (2WH)
Rahul Bajaj,Chairman
Rahul Bajaj is an Honours Graduate in Economics and Law and a BusinessGraduate from the Harvard Business School. He was appointed Chief ExecutiveOfficer of Bajaj Auto in 1968 and took over later as Head of the Bajaj Group ofcompanies.
Madhur Bajaj , Vice Chairman
After graduating in Commerce, Mr Bajaj did his MBA from Lausanne,Switzerland. Joined as DGM in March 1983, took over as General Manager -Aurangabad Division in June 1986, as its Chief Executive in October 1988,became President of Bajaj Auto in September 1994, Executive Director in May2000 and is Vice Chairman since July 2001.
Rajiv Bajaj , Managing Director
Rajiv Bajaj, who took charge as Managing Director on 1st April 2005, is aMechanical Engineer from Pune University. He later did his Masters inManufacturing Systems Engineering from the University of Warwick. He Joined asOfficer on Special Duty in 1990, took over as General Manager (Products) inFebruary 1993, Vice President (Products) in June 1995, President in May 2000,
http://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#madhurhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rajivhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#sanjivhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#josephhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#ssridharhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rahulhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#madhurhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#rajivhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#sanjivhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#josephhttp://www.bajajauto.com/1024/aboutbajaj/profile.asp#ssridhar8/7/2019 final mod
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President & Whole Time Director in March 2002 and as Joint Managing Directorin March 2003.
Sanjiv Bajaj , Executive Director
Mr. Sanjiv Bajaj, who took charge as the Executive Director in April 2004, is aMechanical Engineer from Pune University. He obtained a Masters Degree inManufacturing Systems from the University of Warwick and an MBA degreefrom Harvard Business School.Mr. Sanjiv Bajaj joined as an Officer on SpecialDuty in 1994, took over as the General Manager (CF) in 1997 and Vice President(Finance) in April 2001.
Abraham Joseph
Vice President (Research & Development)
Mr. Joseph started his tenure in Bajaj in July 1989 as a Graduate Trainee Engineer,
took over as General Manager (R&D) in April 2005 and is currently the Vice
President (R&D) since April 2007 .He is a Mechanical Engineer from the National
Institute of Technology, Bhopal.
S.Sridher CEO (2 Wh)
Mr. Sridhar joined Bajaj in March 2001 as GM (Sales) for two wheelers,took over as Vice President (Marketing & Sales 2W) in April 2005 and iscurrently the CEO (2WH) since July 2007. He holds an Engineering Graduatedegree in Agriculture.
Milestones
2007
September Launch of XCD DTS-Si
JuneNational Launch of 220 cc Pulsar
DTS-Fi.
April Bajaj Auto Commissions New Plant
at Pantnagar, Uttarakhand
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February 200 cc Pulsar DTS-i launched
January Bajaj Kristal DTS-i launched
2006
April Bajaj Platina launched
2005
December Bajaj Discover launched
June Bajaj Avenger DTS-i launched
February Bajaj Wave DTS-i launched
2004
October Bajaj Discover DTS-i launched
AugustNew Bajaj Chetak 4 stroke withWonder Gear launched
May Bajaj CT100 LaunchedJanuary
Bajaj unveils new brand identity,dons new symbol, logo and brandline
2003
October Pulsar DTS-i is launched.
October107,115 Motorcycles sold in amonth.
JulyBajaj Wind 125,The World Bike, islaunched in India.
FebruaryBajaj Auto launched its Caliber115"Hoodibabaa!" in the executivemotorcycle segment.
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2001
November
Bajaj Auto launches its latest
offering in the premium bikesegment Pulsar.
January The Eliminator is launched.
2000 The Bajaj Saffire is introduced
1999 Caliber motorcycle notches up100,000 sales in record time of 12months.
Production commences at Chakan
plant.
1998
June 7thKawasaki Bajaj Caliber rolls out ofWaluj.
July 25thLegend, Indias first four-strokescooter rolls out of Akurdi.
October Spirit launched.
1997The Kawasaki Bajaj Boxer and theRE diesel Autorickshaw areintroduced.
1995
November 29 Bajaj Auto is 50.
Agreements signed with Kubota ofJapan for the development of dieselengines for three-wheelers and withTokyo R&D for ungeared Scooterand moped development.
The Bajaj Super Excel is introducedwhile Bajaj celebrates its ten
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millionth vehicle.
One million vehicles were producedand sold in this financial year.
1994 The Bajaj Classic is introduced.1991 The Kawasaki Bajaj 4S Champion isintroduced.
1990 The Bajaj Sunny is introduced.
1986
The Bajaj M-80 and the KawasakiBajaj KB100 motorcycles areintroduced.500,000 vehicles produced and soldin a single financial year.
1985
November 5 The Waluj plant inaugurated by the erstwhile President ofIndia, Shri Giani Zail Singh.
Production commences at Waluj, Aurangabad in a recordtime of 16 months.
1984 January 19 Foundation stone laid for the new Plant at Waluj,
Aurangabad.
1981
1981 The Bajaj M-50 is introduced.
1977 The Rear Engine Autorickshaw is introduced.
Bajaj Auto achieves production and sales of 100,000vehicles in a single financial year.
1976 The Bajaj Super is introduced.
1975 BAL & Maharashtra Scooters Ltd. joint venture.
1972 The Bajaj Chetak is introduced.
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1971 The three-wheeler goods carrier is introduced.
1970 Bajaj Auto rolls out its 100,000th vehicle.
1960 Bajaj Auto becomes a public limited company. BhoomiPoojan of Akurdi Plant.
1959
1959 Bajaj Auto obtains licence from the Government of Indiato manufacture two- and three-wheelers.
1948
1948 Sales in India commence by importing two- and three-wheelers.
1945,November29
Bajaj Auto comes into existence as M/s Bachraj TradingCorporation Private Limited.
Awards
Product Award Year By
Bajaj Pulsar DTS-Fi - Bike of the Year 2007 CNBC-TV18 Autocar AutoAwards
Bajaj Platina 100cc - Bike of the Year 2007 NDTV Profit Bike India
Mr. Rajiv Bajaj - Man of the year 2005 2005 Autocar Professional
Mr. Rajiv Bajaj Automotive Man of theyear 2005
2005 Bike India & NDTV India
Bajaj CT 100 - Motorcycle Total Consumerbehaviour Study 2005
2005 TNS Automotive
Bajaj Discover DTS-i - Bike of the Year 2005 OVERDRIVE Awards 2005
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2005
Bajaj Discover DTS-i - Indigenous Designof the Year 2005
2005 OVERDRIVE Awards 2005
BAJAJ AUTO - Bike Maker of the Year
2004
2004 ICICI Bank OVERDRIVE
Awards 2004DTS-i Technology - Auto Tech of the Year2004
2004 ICICI Bank OVERDRIVEAwards 2004
Bajaj Pulsar DTS-i Bike of the Year 2004 2004 ICICI Bank OVERDRIVEAwards 2004
Wind 125 Two Wheeler of the Year 2004 2004 CNBC AUTOCAR Awards2004
Wind 125 Bike of the Year 2004 2004 Business Standard Motoring
Bajaj Pulsar 180 DTS-i BBC World WheelsViewers Choice Two Wheeler of Year 2003
2003 BBC World Wheels Award2003
Bajaj Pulsar 180 DTS-i BBC World WheelsAward for Best Two Wheeler between Rs55,000 to Rs 70,000
2003 BBC World Wheels Award2003
Bajaj Pulsar 150 DTS-i BBC World WheelsAward for Best Two Wheeler between Rs45,000 to Rs 55,000
2003 BBC World Wheels Award2003
Bajaj Boxer AT KTEC BBC World WheelsAward for Best Two Wheeler under Rs30,000
2003 BBC World Wheels Award2003
Bajaj Pulsar - Motorcycle Total Consumerbehaviour Study
2003 NFO Automotive
Bajaj Pulsar - Bike of the year 2003 ICICI Bank OVERDRIVEAwards 2003
Bajaj Pulsar - Most exciting bike of the year 2002 OVERDRIVE Awards
Bajaj Eliminator - Bike of the year 2002 OVERDRIVE Awards
Bajaj Eliminator - Most exciting bike of theyear
2001 OVERDRIVE Awards
Chakan Plant Super Platinum Award forManufacturing Excellence
2006-07 Frost and Sullivan
Chakan & Waluj Plants Audit Passed for TPMExcellence Award
2006-07 TPM
Bikemaker of the Year 2006-07 Overdrive Awards
Bike Manufacturer of the Year 2007 2006-07 NDTV Profit Bike
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India
All India Trophy for Highest Exporter 1998-99 EEPC
Focus LAC Award for Outstanding Performance 1998-99 India TradePromotion
OrganisationExport Excellence 1998-99 EEPC
Certificate of Merit 1998-99 India TradePromotionOrganisation
Award for Export Excellence 1997-98 EEPC
Export Excellence 1997-98 MCCIIA
All India Trophy for Highest Exporter 1997-98 EEPC
Top Exporter Shield Western Region 1996-97 EEPC
Export Excellence 1996-97 MCCIA
Regional Top Exporter Large ScaleManufacturer
1995-96 EEPC
Highest Export Performance 1995-96 EEPC
Outstanding Export Performance 1995-96 Government of India, Ministry ofCommerce
Export Excellence Award 1995-96 MCCIA
Top Exporter Shield Western Region 1995-96 EEPC
Certificate of Merit 1995-96 Government of
India, Ministry ofCommerce
Award for Export Excellence 1994-95 EEPC
Regional Top Exporter Large ScaleManufacturer
1994-95 EEPC
All India Special Shield - Consumer DurablesExporter
1994-95 EEPC
National Export award for Outstanding
Performance
1994-95 Government of
India, Ministry ofCommerce
Western Region Top Export Award 1994-95 EEPC
All India Special Shield - Consumer Durables 1994-95 EEPC
Regional Special Shield - Capital GoodsCategory
1993-94 EEPC
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Award for Export Excellence 1993-94 EEPC
Capital Goods Export 1992-93 EEPC
Regional Special Shield - Capital GoodsCategory
1990-91 EEPC
Certificate of Export Excellence 1986-87 EEPCCertificate of Export Recognition 1980-81 EEPC
Certificate of Export Recognition 1979-80 EEPC
Award for Export Excellence 1979-80 EEPC
Certificate of Merit 1978-79 Government of India, Ministry ofCommerce
Certificate of Export Recognition 1978-79 EEPC
Award for Export Excellence 1977-78 EEPC
Certificate of Export Recognition 1977-78 EEPC
Export Promotion 1976 FICCI
Golden Jubilee Export Year Award 1976 FICCI
Export Excellence 1975-76 EEPC
Safety Awards Year By
Meritorious Performance inIndustrial Safetyfor three consecutive years
2001 National Safety Council
Certificate of Excellence 2001 National Safety Council
Achieving Lowest AverageFrequency Rate
2001 National Safety Award
Achieving Lowest AverageFrequency Rate
2000 National Safety Award
Meritorious Performance inIndustrial Safetyfor three consecutive years
2000 National Safety Council
Achieving Longest Accident-freePeriod under Heavy Engineering
1999 National Safety Council
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Industries Group
Meritorious Performance inIndustrial Safetyfor three consecutive years
1999 National Safety Council
Achieving Longest Accident-freePeriod under Heavy EngineeringIndustries Group
1998 Council of Industrial Safety
Achieving Lowest AverageFrequency Rate
1998 National Safety Award
Meritorious Performance inIndustrial Safetyfor three consecutive years
1998 National Safety Council
Achieving Lowest FrequencyRate under Heavy Engineering
Industries Group
1997 Council of Industrial Safety
Achieving Longest Accident-freePeriod under Heavy EngineeringIndustries Group
1997 Council of Industrial Safety
Longest Accident-free Period 1992 Council of Industries, Mumbai
Best Safety Performance 1989 CII
Longest Accident-free Period 1987 National Safety Council
Accomplishments
Bajaj Auto continued to be Indias largest exporter of two and three wheelers.
During 2005-06, it exported 250,204 two and three-wheelerswhich represented a
growth of 27 per cent over 2004-05. Exports now constitute 11 per cent in volume
terms and 12 per cent of its value of net sales.
]
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Global Players in India
Companies
Bajaj Auto Hero Honda
TVS
Yamaha
Kinetic
COMPANY PROFILE
Pulsar Platina
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discovery avenger
ct 100 platina 125cc
RITHVIKAA BAJAJ , is one of the biggest BAJAJ show rooms in the state.
RITHVIKAA BAJAJ Motors , Was established on 7th Jan 2000 as BAJAJ
authorized dealer. Mr.T.Sridhar Reddy is the Managing Director of the company.
RITHVIKAA BAJAJ Ltd, is selling around 350 vehicles per month and around 35
employees are working in the company. Marketing and sales department has one
Marketing Manager, four Marketing Executives and 12 members sales team.
RITHVIKAA BAJAJ Ltd. has a huge automated workshop for servicing of the
vehicles. Daily around 100 vehicles are serviced and repaired in the servicing
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center. Workshop has one manager, four member Tech supervisors and 18 skilled
mechanics.
RITHVIKAA BAJAJ Ltd , Has linked with Karnataka Bank and ICICI to finance
the consumers who wish to buy the vehicles in finance.
Company History:
Bajaj Auto Limited is India's largest manufacturer of scooters and motorcycles.The company generally has lagged behind its Japanese rivals in technology, buthas invested heavily to catch up. Its strong suit is high-volume production; it is thelowest-cost scooter maker in the world. Although publicly owned, the companyhas been controlled by the Bajaj family since its founding.
Origins :
The Bajaj Group was formed in the first days of India's independence from Britain.
Its founder, Jamnalal Bajaj, had been a follower of Mahatma Gandhi, who
reportedly referred to him as a fifth son. 'Whenever I spoke of wealthy menbecoming the trustees of their wealth for the common good I always had this
merchant prince principally in mind,' said the Mahatma after Jamnalal's death.
Jamnalal Bajaj was succeeded by his eldest son, 27-year-old Kamalnayan, in 1942.
Kamalnayan, however, was preoccupied with India's struggle for independence.
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After this was achieved, in 1947, Kamalnayan consolidated and diversified the
group, branching into cement, ayurvedic medicines, electrical equipment, and
appliances, as well as scooters.
The precursor to Bajaj Auto had been formed on November 29, 1945 as M/sBachraj Trading Ltd. It began selling imported two- and three-wheeled vehicles in
1948 and obtained a manufacturing license from the government 11 years later.
The next year, 1960, Bajaj Auto became a public limited company.
Rahul Bajaj reportedly adored the famous Vespa scooters made by Piaggio of Italy.
In 1960, at the age of 22, he became the Indian licensee for the make; Bajaj Auto
began producing its first two-wheelers the next year.
Rahul Bajaj became the group's chief executive officer in 1968 after first pickingup an MBA at Harvard. He lived next to the factory in Pune, an industrial city
three hours' drive from Bombay. The company had an annual turnover of Rs 72
million at the time. By 1970, the company had produced 100,000 vehicles. The oil
crisis soon drove cars off the roads in favor of two-wheelers, much cheaper to buy
and many times more fuel-efficient.
A number of new models were introduced in the 1970s, including the three-
wheeler goods carrier and Bajaj Chetak early in the decade and the Bajaj Super andthree-wheeled, rear engine Autorickshaw in 1976 and 1977. Bajaj Auto produced
100,000 vehicles in the 1976-77 fiscal year alone.
Achievements Of RITHVIKAA BAJAJ in the Last Five Years:
Sales During 2007-2008 Financial Year:
Model Number of sales
CT 100 09
Discover 1219
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Kristal 41
Platina 1171
Pulsar 799
XCD-125 399
Sales During 2006-2007 Financial Year:
Model Number of sales
CT 100 309
Discover 1153
Kristal 3
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Platina 869
Pulsar 587
Avenger 2
Chetak 2
Wave 16
Sales During 2005-2006 Financial Year:
Model Number of sales
CT 100 1556
Discover 656
Spirit 002
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Wave 090
Pulsar 480
Wind 011
Sales During 2004-2005 Financial Year:
Model Number of sales
CT 100 06
Discover 05
Pulsar 04
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Caliber 13
Boxer 04
Spirit 02
Chetak 02
Wind 11
Sales During 2003-2004 Financial Year:
Model Number of sales
Boxer AR 288
Pulsar 90
Pulsar 138
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Caliber 357
Boxer AT 129
Chetak 05
Byk 29
Spirit 140
Wind 63
Present models
Kristal
Platina (O&MET)
Platina125CC UGS
Platina125ES
Discover135 UGKS
Discover135 ESDR
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Discover135 Disk
Pulsar150
Pulsar180
XCD135
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CHAPTER-3
RESEARCH METHODOLOGY
o
Primary Data
o Secondary Data
RESEARCH METHODOLOGY
The data on Rithvikaa bajaj has been collected mainly from secondary source like
.The administrative office of Rithvikaa bajaj .
.The annual report and other reports .
.Discussion with manager ,manager of finance ,purchases and stores.
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RESEARCH METHOD:
It must be classified on the basis of the major purpose of the investigation. In
this problem,description studies have been undertaken, as the objective of the
project is to conduct the market shares study to determine the share of market
received by the company and the competitor.
DATA COLLECTION:
The information needed to further proceed had been collected through
primary and secondary data.
PRIMARY DATA:
It consist of information collected for the specific purpose, survey research
was used and the all the details of Hero Honda and their competitors were
contracted. Survey research is the approach gathering and information.
CONTACTED METHOD:
The information was solicited by administering structured questionnaire to
the consumer and dealers, thus getting thus to know directly from the dealers their
sales before and after sales service.
SECONDARY COLLECTION:
The secondary data consist of information that already existing
somewhere having been collected for another purpose. Any researcher begins the
research work by first going through secondary data. Secondary data includes the
information available with the company. It may be the finding of research
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previously done in the field. Secondary data can also be collected from the
magazines, newspapers, internet other service conducted by researcher.
METHODS OF DATA COLLECTION:
The basic method adopted in conducting the study is a structured
questionnaire. Questionnaire is administered on the sample respondents.
How ever there are certain cases where personal interactive method is followed
with consumers to find how the consumer behaviour level
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CHAPTER -4
ANALYSIS AND INTERPRATION
Data Analysis & Interpretation
Analyze Survey Report
1) Features made you purchase this bike
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0%
10%
20%
30%
40%
50%
60%
Percentage
Television
News paper
Dealer
Friends
Interpretation:
From the above table 54% of the respondents are knowing about friends, 22% of
the respondents are knowing about television,14% of the respondents are
knowing about dealers 10% of the respondents are knowing about news paper.
3) What is the level of consumer behaviour with your bike?
S.No Consumer
behaviour Level
No.of
Respondents
Percentage
1 Excellent 25 25 %
2 Good 70 70 %
3 Average 5 5 %
4 Poor 0 0 %
5 Very Poor 0 0 %
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0
10
20
30
40
50
60
70
Percentage
Excellent
Good
Average
Poor
Very Poor
Interpretation:
From the above table 70% of the respondents are good level of consumerbehaviour ,25% of the respondents are excellent level of consumer behaviour ,5%
of the respondents are average level of consumer behaviour.
4) What influenced you to purchase this bike?
Sno Features No of
respondents
Percentage
1 Style & Design 35 35%
2 Price 10 10%
3 Mileage 45 45%
4 Advertisement 10 10%
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0%
5%
10%
15%
20%
25%30%
35%
40%
45%
percentage
Style & Design
Price
Mileage
Advertisement
Interpretation:
From the above table 45% of the respondents are mileage ,35% of the respondents
are style and design, 10% of the respondents are price, 10% of the respondents are
advertisement.
5) What is your favourate bike among Bajaj Auto?
sno Fovourate bike No of respondents
Percentage
1 Avenger 18 18%2 Pulsar 35 35%
3 Discover 15 15%
4 XCD135 8 8%
5 CT100 10 10%
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0
5
10
15
20
25
30
35
Percentage
Avenger
Pulsar
Discover
XCD135
CT100
Interpretation:
From the above table 35% of the respondents of the favourate bike pulsar, 18% of
the respondents of the favourate bike avenger, 15%of the respondents of the
favourate bike discover, 10% of the respondents of the favourate bike CT 100 ,
8% of the respondents of the favourate bike XCD 135
6) Do you think technology fulfill your requirement?
SNO Technology
requirement
No of respondent Percentage
1 Yes 80 80%
2 No 20 20%
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0%
10%
20%
30%
40%50%
60%
70%
80%
YESNO
3-D Column 3
Interpretation:
From the above table 80% of the respondents are fulfill technology requirements,
20% of the respondents are not fulfill technology requirement.
07) Who do you think is the near competitor to Bajaj Auto?
S No Competitors No. of respondents Percentage
1 Hero Honda 66 66 %
2 TVS 20 20 %
3 Yamaha 10 10 %
4 Suzuki 4 04 %
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0%
10%
20%
30%
40%
50%
60%
70%
Percentage
Hero Honda
TVS
Yamaha
Suzuki
Interpretation:
From the above table 66% of the respondents are think Hero Honda is the best
competitor, 20% of the respondents are think TVS is better competitor, 10% of the
respondents are think Yamaha is the competitive product, 4% of the respondents
are think suziki is the competitor.
08) Do you think advertisement plays an important role in decision making?
a) Yes b) Noa) Yes 80b) No 20
S No Advertisement Plays No .of respondents Percentage
1 Yes 84 84 %
2 No 16 16 %
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0
20
40
60
80
100
Percentage
Yes
No
Interpretation:
From the above table advertisement plays an important role in decision
making 84% of the respondents are says yes advertisement plays an important
role in decision making 16% of the respondents are says no .
09) Which is the feature you are not satisfied with your bike?
S No Not satisfied No .of Respondents Percentage
1 Price 24 24 %2 Mileage 21 21 %
3 Pick Up 55 55 %
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0
10
20
30
40
50
60
percentage
price
mileage
pick up
Interpretation:
From the above table 55% of the respondents are not satisfied with pick up, 24% of
the respondents are not satisfied with price,21 % of the respondents are not
satisfied with mileage.
10) What is the CC you prefer the best?
S.No Prefer (cc) No. Of Respondents Percentage
1 100 cc 23 23 %
2 110 cc 10 10 %
3 125 cc 26 26 %
4 150 cc 11 11 %
5 180 cc 09 09 %
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0%
5%
10%
15%
20%
25%
30%
Percentage
100 cc
110 cc
125 cc
150 cc
180 cc
3-D Column 6
Interpretation:
From the above table 26% of the respondents are preffer 125cc, 23% of the
respondents are preffer 100cc, 11% of the respondents are preffer 150cc,
10% of the respondents are preffer 150cc, 9% of the respondents are preffer
180cc.
11). To what extent you will suggest friends/ relatives to buy this bike?
S No Suggestion toFriends
No.of respondents Percentage
1 Not Definitely 0 05 %
2 Not Sure 2 02 %
3 May Be 10 10 %
4 Definitely 65 65 %
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5 May be 23 23 %
0
10
20
30
40
50
60
70
Percentage
Not Definitely
Not Sure
May Be
Definitely
May be
Interpretation :
From the above table 65% of the respondents are to buy ,23% of the
respondents are may be preffer,10% of other respondents are prefer not
sure,2% of the respondents are prefer probably not.
12). If you are planning to take a new bike will you prefer BAJAJ?
S.No Prefer Bike No. Of Respondents
Percentage
1 Yes 75 75 %
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2 No 25 25 %
0
10
20
30
40
50
60
7080
Percentage
Yes
No
Interpretation :
From the above table 75% of the respondents are prefer to buy a new
bike,25% of the respondents are not prefer to buy anew bike.
13). How do you fell about the services provided by the BAJAJ ?
S No About Service No. Of consumers
Percentage
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consumers
1 Excellent 22 22 %
2 Good 59 59 %
3 Average 8 08 %
4 Poor 02 02 %5 Very Poor 09 09 %
0
10
20
30
40
50
60
Percentage
Excellent
Good
Average
Poor
Very Poor
Interpretation:
From the above table 59% of the respondents are good,22% of the
Respondents are excellent, 9% of the respondents are prefer ,8% of the
Respondents are average,2% of the respondents are poor.
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CHAPTER-5
LIMITATIONS
FINDINGS
SUGGETIONS
CONCLUSION
LIMITATIONS
1. It is primarly a micro level study
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2. Due to constraints of time only city of Anantapur is selected and so it cannot
claim to be a comprehensive study of the population
3. The sample size is restricted to 100 respondents
4. The data is obtained through a structured questionnaire and it has its own
limitations in its analysis and interpretation
5. Some respondents did not provide the requisite information pertaining to
the questionnaire Consumers having income above 10,000/month are using
the product.
6. Mileage is the most preferred option of the product by the consumers.
7. Consumers came to know about the product through friends
8. Most of the Consumers are satisfied by using this product
9. The factors influencing the consumer to buy this product are mileage andstyle
10. Pulsar and Platina is the most preferred bike by the consumers followed byXCD and Discovery
FINDINGS
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1 Hero Honda is the nearest product competing with Bajaj Auto.
2 Advertising plays an important role for the product
3 Tubeless tyres , style and mobile charger, are the features consumers arewilling to have in the product
4 Pick-up of the bike is not satisfactory.
5 125cc is the most preferred option by consumer
6 Servicing parts are not available in the servicing center like petrol locks,speedometer wire, stickers etc.
7 Polishing should be done after water servicing.
8 Generator should be set up art servicing center.
9 Mechanics should call back the consumers if they find any problem in thevechicle during servicing.
10 At least one experienced mechanic should be appointed in order to cope upwith mileage problems
11 Mechanics are driving the vehicles rashly, this should not be done.
12 Servicing charges are collected for small repairs even if there is Warranty.
SUGGESTIONS
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1 Consumer should be educated about the maintenance of the vehicle,maintenance tips should be provided.
2 Servicing should done in less time
3 One mechanic should take care of one consumer at a time.
4 Proper schedule should be maintained for service.
5 Delivery of vehicle should be done at a given time.
6 Good Service is provided .
7 Consumer behaviour with the comfort given by their vehicles is to the
greater extent by 80% of the respondents.
8 Respondents are suggesting brand Bajaj to others.
9 Respondents are satisfied with the availability of spare parts to greater
extent.
10 Most of the respondents are purchased bajaj bikes based on mileage.
11 Respondents are highly satisfied with the provided by the ccs of bajaj bikes.
12 The over all conclusions then bajaj bikes are purchased based on style and
design
CONCLUSIONS
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1. In the study it was found that consumers are more inclined towards
products offered by the Bajaj bikes.
2. In the survey Consumers look at the convenient location of the store
for visiting Bajaj Bikes and ambience too.
3. From the survey we can conclude that Bajaj bikes is having good
brand value.
4. In terms of Style and Mileage and Fresh Fashion all the consumers are
satisfied with the Bajaj bikes.
5. Coming to Prices, Bajaj Bikes is offering reasonable prices to all its
consumers.
6. Bajaj Bikes is providing awareness to the consumers which is given as
64% in the survey, but the loyalty program adopted by the Bajaj Bikes
is not up to the mark and most of the consumers are not even aware of
that program.
7. From the study we can conclude that Bajaj Bikes is Consumers
oriented by the way it offers its services to the consumers in terms of
all kinds of services.
8. The study reveals that Bajaj Bikes is having good Word of Mouth
from its consumers,
9. The Bajaj Bikes is rated as good for its overall performances in terms
of the consumers.
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QUESTIONAIRE
Questionnaire
Name: Ph :Postal Address: E-mail:
1. What features made you purchase this bike?
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a. more pick up b. more mileagec. low maintenance d. low price
2. How you came to know about Bajaj Auto?a. television b. news paper
c. dealer d. friends
3. What is the level of consumer behaviour with your bike?a. excellent b. good
c. average d. poor e. very poor
4. What influenced you to purchase this bike?a. style and design b. price
c. mileage d. advertisement
5. What is your favourite bike among Bajaj Auto?a. Pulsar b. Platina
c. Avenger d. Discoverye. XCD f. CT100
6. Do you think technology fulfills your requirement?a. yes b. no
7. who do you think is the near competitor to Bajaj Auto?a. Hero Honda b. tvs c. yanmaha d. Suzuki
8. Do you think advertisement plays an important role in decision making?a. yes b. no
9. Which is the feature you are satisfied with your bike.a. style and design b. mileage c. pick up
10. What is the cc you prefer the best?a. 100 b. 110 c. 125 d. 150 e. 180
11. To what extent you will suggest friends / relatives to buy this bike?a. not definitely b. probably not c. not sure d. may bee. definitely
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12. If you are planning to take a bike will you prefer BAJAJ?a. yes b. no
13. How do you feel about the services provided by BAJAJ?a. excellent b. good c. average d. poore. very poor
14. Overall how do you rate your bike?a. excellent b. good c. average d. poore. very poor
Thank you for spending the time to complete the questionnaire. This result willprovide us better service in future.
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BIBLIOGRAPHY
BIBILOGRAPHY
BOOKS
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PRINCIPLES OF MARKETING by
PHILIP KOTLER
ARMSTRONG
INTERNET SITES
www.bajajauto.com
www.auitoindia.com
www.Google.com
NEWS PAPERS
ECONOMIC TIMES
BUISNESS LINE
MAGAZINES
BUISNESS WORLD
OVERDRIVE