Professional Documents
Culture Documents
2009
EXECUTIVE SUMMARY:
Today, India has become the hub for automobile conglomerates and the reason behind this are economic liberalization, increase in per capita income, various tax relief policies, easy accessibility of finance, launch of new models and exciting discount offers made by dealers all together have resulted into a stupendous growth of Indian automobile industry. In the earlier days, it was quite easy for anyone to enter into automobile sector and henceforward lead a successful business. But today the things have really changed; its easy to enter into this sector but to strive henceforward is really difficult. The dealer play a major role in promoting a product; to achieve success in business a dealer has to plan and strategize each and every step of the way. For this, all the dealers have to do is play the rule of 4Ps i.e. Product, Price, Place and Promotion. Every now and then, dealers are coming up with new and innovative ideas, schemes to gain that something extra i.e. the competitive advantage over their competitors. To gain that competitive advantage a dealer has to make the best use of the 4Ps. Any dealer has to impress the customers by offering different services, schemes and by creating positive relationship with customers. My management thesis focuses on one such important factor i.e., measuring customer satisfaction level on the Tata Indica Passenger car and all its versions and for doing so, I have conducted my study on Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) at MAPL Belgaum. As we proceed through this thesis, we will come across ten chapters and with each chapter we will gain more and more knowledge of Products offered by Tata Motors and Customer Satisfaction level on the Tata Indica Passenger car. I hope you will find my thesis report interesting and informative.
MAM BABASABPATILFREEPPTMBA.COM
Page 1
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Introduction:
Manickbag Automobiles Pvt Ltd is the authorized dealer for the Tata Motors. Mr. Dharmappa Mirji and Mr. Manickchand Shah founded Manickbag in the year 1920. The name Manickbag was because, when it was started on a land which was donated by Mr. Manickchand P. Zaveri of Mumbai to Jain Boarding and it was full of bamboo jungle, so it was called as Manickbag.
About the Project: The area of work undertaken is A Study on Measuring Customer Satisfaction level on the Tata Indica Passenger Car (all versions). The project is undertaken to understand the customers requirement and fulfilling their all requirements in such a way which result in superior value to the customers. The project is a designed to evaluate the performance of Tata Indica Passenger Car i.e. to find whether these cars are up to expectation of the customers or not. The main purpose of this project is to measure the customer satisfaction level on these cars.
INDUSTRY PROFILE:
The automobile industry in Indiathe tenth largest in the world with an annual production of approximately 2 million unitsis expected to become one of the major global automotive industries in the coming years. A number of domestic companies produce automobiles in India and the growing presence of multinational investment, too, has led to an increase in overall growth. Following the economic reforms of 1991 the Indian automotive industry has demonstrated sustained growth as a result of increased competitiveness and relaxed restrictions. The monthly sales of passenger cars in India exceed 100,000 units
Automobile Industry in India has witnessed a tremendous growth in recent years and is all set to carry on the momentum in the foreseeable future. Indian automobile industry has come a long way since the first car ran on the streets of Bombay in 1898. Today, automobile sector in India is one of the key sectors of the economy in terms of the employment. Directly and indirectly it
MAM BABASABPATILFREEPPTMBA.COM
Page 2
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
employs more than 10 million people and if we add the number of people employed in the autocomponent and auto ancillary industry then the number goes even higher.
Two families, Dharmappa Mirji and Manickchand Shah in the year 1920, founded the Manickbag Group. The name manickbag was adopted because it was started on a land, which was donated by one Mr. Manickchand P. Zaveri of Bombay to Jain Boarding, and it was full of Bamboo jungle and hence the area was known as Manickbag. This land was taken on long lease and Manickbag concerns got under way. Need for the projects Manickbag Automobiles (P) Ltd Belgaum popularly known as Manickbag Automobiles is an authorized dealer of Tata Passenger Cars caters to four districts of North Karnataka region. Manickbag Automobiles has to continuously evaluate its performance and customer satisfaction as it faces a stiff competition from other dealers in this region like dealers of Maruti Suzuki, Honda, Skoda, Toyota, Ford etc.
In this project a sincere effort has been made to find out the customers perception towards all versions of Tata Indica car and to evaluate the performance of these cars and measuring
MAM BABASABPATILFREEPPTMBA.COM
Page 3
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
customer satisfaction level. The information will be collected from the owners/drivers of Tata Passenger Car in Belgaum region.\
RESEARCH METHODOLOGY
Type of Research The project is based on Descriptive Research and Explorative research. Type of Data Both Primary & Secondary data will be collected for the project. Data Collection Method 1. Primary Data Questionnaire Questionnaire will be used as one of the instruments to collect the required data and as a guide to interview the target audience. The questionnaire is designed to be structured & non disguised type for the respondents. Personal interview Along with the questionnaire, the target audience will be asked questions, to get better insights about Tata Indica.
MAM BABASABPATILFREEPPTMBA.COM
Page 4
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Expert opinion To get the better insight and to know about some technical problems if any and to know about the Perception of customer about all versions of Tata Indica, we will be having discussion with local car mechanics 2. Secondary Data Websites, Newspaper & Magazines Product brochures Company officials Mechanics Farmers
Survey Method Initially personal interviews will be conducted with the existing customers/mechanics/company official to get better insights about passenger car market & Tata Indica, based on this information a questionnaire will be prepared which will be used to survey the target audience Population Owners/drivers/new buyer of passenger vehicle of Belgaum district. Sampling Unit Owners/drivers/new buyers of passenger cars. Sample Size From the Belgaum region 100 owners/drivers/new buyer of passenger cars. Will be selected for the study. Sampling Method Non probability, Convenient sampling method will be used for the survey.
MAM BABASABPATILFREEPPTMBA.COM
Page 5
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) Geographical Area The survey will be conducted in the geographical area of Belgaum.
2009
FINDING
1. Among respondents surveyed, 40% of the respondents have their income level between 1 lakh - 2lakhs, 53% have their income between 2.5lakhs-4lakhs & 7% have their income between 4lakhs & above 2. Out of 100 respondent, 6% own Indica DLE Indicab (AC), 15% have DLE (AC), 41% DLS (AC, PS), 19% have GLE (AC), 8% have GLE (LPG), 8% have GLS (AC, PS) and 3% of the respondents have GLS(LPG). 3. Out of 100 respondents surveyed, 49% expressed that they searched information for the car & 51%expressed that they have not searched for information.
RECOMMENDATION
1. Majority of the respondents were still unaware about different versions of Tata Indica passenger. Therefore I suggest the company personals should take initiative to create awareness about these versions. 2. According to the survey, most of the car buyers took at price of the vehicle. The Tata has always kept the best, reasonable price for his products and also has been successful in it. The Tata must set even better price for his products in the feature. 3. Most of the customers expressed concern over frequency of the maintenance & service problems faced by their vehicle and expressed high satisfaction over it. Therefore, I suggest them to re look at the vehicle & re-develop in order to stop the frequency of these problems.
MAM BABASABPATILFREEPPTMBA.COM
Page 6
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
MAM BABASABPATILFREEPPTMBA.COM
Page 7
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
INDUSTRY PROFILE:
The automobile industry in Indiathe tenth largest in the world with an annual production of approximately 2 million unitsis expected to become one of the major global automotive industries in the coming years. A number of domestic companies produce automobiles in India and the growing presence of multinational investment, too, has led to an increase in overall growth. Following the economic reforms of 1991 the Indian automotive industry has demonstrated sustained growth as a result of increased competitiveness and relaxed restrictions. The monthly sales of passenger cars in India exceed 100,000 units.
Automobile Industry in India has witnessed a tremendous growth in recent years and is all set to carry on the momentum in the foreseeable future. Indian automobile industry has come a long way since the first car ran on the streets of Bombay in 1898. Today, automobile sector in India is one of the key sectors of the economy in terms of the employment. Directly and indirectly it employs more than 10 million people and if we add the number of people employed in the autocomponent and auto ancillary industry then the number goes even higher.
The automobile industry comprises of heavy vehicles (trucks, buses, tempos, tractors); passenger cars; and two-wheelers. Heavy vehicles section is dominated by Tata-Telco, Ashok Leyland, Eicher Motors, Mahindra and Mahindra, and Bajaj. The major car manufacturers in India are Hindustan Motors, Maruti Udyog, Fiat India Private Ltd., Ford India Ltd., General Motors India Pvt. Ltd., Honda Siel Cars India Ltd., Hyundai Motors India Ltd., and Skoda India Private Ltd., Toyota Motors, Tata Motors etc. The dominant players in the two-wheeler sector are Hero Honda, Bajaj, TVS, Honda Motorcycle & Scooter India (Pvt.) Ltd., Yamaha etc.
In the initial years after independence Indian automobile industry was plagued by unfavourable government policies. All it had to offer in the passenger car segment was a 1940s Morris model called the Ambassador and a 1960s Suzuki-derived model called the Maruti 800. The automobile sector in India underwent a metamorphosis as a result of the liberalization policies initiated in the 1991. Measures such as relaxation of the foreign exchange and equity regulations, reduction of
MAM BABASABPATILFREEPPTMBA.COM
Page 8
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
tariffs on imports, and refining the banking policies played a vital role in turning around the Indian automobile industry. Until the mid 1990s, the Indian auto sector consisted of just a handful of local companies. However, after the sector opened to foreign direct investment in 1996, global majors moved in. Automobile industry in India also received an unintended boost from stringent government auto emission regulations over the past few years. This ensured that vehicles produced in India conformed to the standards of the developed world.
Indian automobile industry has matured in last few years and offers differentiated products for different segments of the society. It is currently making inroads into the rural middle class market after its inroads into the urban markets and rural rich. In the recent years Indian automobile sector has witnessed a slew of investments. India is on every major global automobile player's radar. Indian automobile industry is also fast becoming an outsourcing hub for automobile companies worldwide, as indicated by the zooming automobile exports from the country. Today, Hyundai, Honda, Toyota, GM, Ford and Mitsubishi have set up their manufacturing bases in India. Due to rapid economic growth and higher disposable income it is believed that the success story of the Indian automobile industry is not going to end soon.
Second largest two-wheeler market in the world. Fourth largest commercial vehicle market in the world. 11th largest passenger car market in the world Expected to become the world's third largest automobile market by 2030, behind only China and the US.
MAM BABASABPATILFREEPPTMBA.COM
Page 9
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
In 2006-07, the Indian automotive industry provided direct employment to more than 300,000 people, exported auto component worth around US$ 2.87 Billion, and contributed 5% to the GDP. Due to this large contribution of the industry in the national economy, the Indian government lifted the requirement of forging joint ventures for foreign companies, which attracted global to the Indian market to establish their plants, resulting in heightened automobile production.
The Indian automobile market is currently dominated by two-wheeler segment but in future, the demand for passenger cars and commercial vehicles will increase with industrial development. Also, as India has low vehicle presence (with passenger car stock of only around 11 per 1,000 population in 2008), it possesses substantial potential for growth. Key Research Highlights
- Passenger car production in India is projected to cross three million units in 2014-15. - Sales of passenger cars during 2008-09 to 2015-16 are expected to grow at a CAGR of around 10%. - Export of passenger cars is anticipated to rise more than the domestic sales during 2008-09 to 2015-16. - Motorcycle sales will perform positively in future, exceeding 10 Million units by 2012-13. - Value of auto component exports is likely to attain a double digit figure in 2012-13. - Turnover of the Indian auto component industry is forecasted to surpass US$ 50 Billion in 2014-15.
MAM BABASABPATILFREEPPTMBA.COM
Page 10
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) Source:
2009
FPR
Key
Issues
&
Facts
Analyzed
in
the
Report
Study Analysis of
of
the of
Indian industry
auto
component growth in
factors of of
fuelling the
forces prospects
future
Research
Methodology
Used
in
the
Report
Information
Sources
The information has been sourced from various authentic and reliable sources like books, newspapers, trade journals and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
MAM BABASABPATILFREEPPTMBA.COM
Page 11
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) Competitive industry, with global players Segment Commercial Vehicles Key Players
2009
Tata Motors, Ashok Leyland, Swaraj Mazda, Mahindra & Mahindra, Bajaj Tempo, Eicher Motors Tata Motors, Maruti Udyog, Honda Motors, Hyundai Motors, Toyota, Skoda, Mahindra & Mahindra, Daimler Chrysler, Hindustan Motors Hero Honda, Honda Motors, Bajaj Auto, TVS Motors, Yamaha, Kinetic Engineering Bajaj Auto, Piaggio India
Passenger Vehicles
Two Wheelers
Three Wheelers
The Indian automobile industry is highly competitive with a large number of players in each industry segment. Most of the global majors are present in the passenger vehicle and two wheeler segments. In the components industry too, global players such as Visteon, Delphi and Bosch are well established, competing with domestic players.
The presence of global competition has led to an overall increase in capabilities of the Indian auto sector. Increase in competition has led to a pressure on margins, and players have become increasingly cost efficient. Quality levels have gone up, and there is an increasing focus on compliance to TPM, TQM and Six Sigma processes. This has led to an increased confidence among domestic players, who are now focusing on opportunities abroad. Key players in the components sector like Bharat Forge and Sundaram Fasteners have become key global suppliers in their categories.
MAM BABASABPATILFREEPPTMBA.COM
Page 12
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
A C.K Birla group flagship and one of the oldest auto companies in India.
Capacity 160,000units pa Volumes 171,870 units in 2004 Operating incomeUS$ 3.8 billion in 2005 Capacity 125,000units pa Volumes 69,737units in 2004 Operating IincomeUS$ 1.47 billion in 2005 Capacity - 64,000 units pa Volumes - 15,782 units Operating incomeUS$ 159.7 million in 2004 ---------
Uttarpara (West Bengal), Pithampur (Madhya Pradesh), Trivellore (Tamil Nadu) Kanpur Ennore, two plants at Hosur, the assembly plants at Alwar, Bhandara, castings plant at Hyderabad
Freedom, Graptor
Operating Income Multiaxle vehicles, US$ 952.9 tractor, ecomet, million in 2005 engines, Viking BSI, Viking BS-II, Vestibule Bus, 222 CNG bus etc
MAM BABASABPATILFREEPPTMBA.COM
Page 13
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) TVS Motor TVS Group
2009
Operating Income Mopeds - Excel, Hosur, Mysore US$ 641.9 Champ, TVS million in 2005 50Scooterettes ScootyMotorcycles - Max 100, Victor, Centra, Fiero Capacity 2.52million units paOperating Iincome - US$ 1.3 billion in 2005 Motorcycles 3 Plants at Boxer, CT 100, Akurdi, Discover, Wind, Waluj, Chakan Caliber, Pulsar, EliminatorScooters - Spirit, Saffire, Wave
Bajaj Auto
Bajaj Group
Profile of Overseas Players Name of the company Maruti Udyog Ltd Parent company Suzuki of Japan holds a 54.2 per cent stake in the company Output Capacity 500,000 units pa Volumes -472,122 units including exports in 2004 Operating iIncomeUS$ 2.4 billion in 2005 Capacity 150,000 units pa Volumes 171,905 units Models 800, Omni, Alto, WagonR, Zen, Baleno, Esteem, Gypsy, Vitara, Versa Plants Gurgaon (Haryana)
Wholly owned subsidiary of Hyundai Motor Company, S. Korea 100 per cent subsidiary of Daimler Chrysler group Subsidiary of Fiat Auto SpA
Capacity E class, S class, 10,000 units pa C class Volumes - 1,640 units Capacity -50,000 Uno, Siena, Palio, units pa Palio Adventure Volumes 10,428 units
Pune (Maharashtra)
Mumbai (Maharashtra)
MAM BABASABPATILFREEPPTMBA.COM
Page 14
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) Ford Motors Ltd Ford Motor Company, the world's second largest automaker collaboration between General Motors Corporation and C.K. Birla Group of companies Capacity 100,000 units pa Volumes 45,723 units Capacity - 25,000 units pa Volumes - 17,986 Units Ikon, Mondeo
2009
Chengaipattu (Tamil Nadu)
Astra, Corsa, Halol (Gujarat) Swing, Forrester, Vectra, Sail, Optra, Chevrolet Optra City, Accord, CR -V Noida (UP)
Honda Siel Established in 1995, with Honda Cars Motor Company, India (HSCI) (Japan) and Siel Ltd (India) being the key promoters. Toyota Kirloskar Joint venture between Kirloskar Group and Toyota Motor Corp. Auto Skoda Auto, based in Czech Republic, is a part of Volkswagen group Joint venture between Hero Group, the world's largest bicycle manufacturers and the Honda Motor Company of Japan Wholly owned subsidiary of Honda Motor Company Ltd., Japan
Bidadi (Karnataka)
Skoda India
Capacity - 10,000 Octavia, Laura units pa Volumes - 3,712 units Capacity - 2.8 million units pa Operating income - US$ 1.66 billion in 2005
Aurangabad (Maharashtra)
Hero Honda
Motorcycles CD 2 plants at Dawn, CD Deluxe, Daruhera and Splendour, Gurgaon Passion, Karizma, CBZ, Ambition 1 plant at
Honda 1 plant at Manesar Motorcycle & Scooters India Pvt. Ltd (HMSI)
CapacityScooters - Activa, 200,000 vehicles Dio, Eterno per annum Motorcycles Unicorn
Manesar
MAM BABASABPATILFREEPPTMBA.COM
Page 15
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
MAM BABASABPATILFREEPPTMBA.COM
Page 16
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
These government policies reflect the priority government accords to the automobile sector. A liberalised overall policy regime, with specific incentives, provides a very conducive environment for investments and exports in the sector.
India is also emerging as an outsourcing hub for global majors. Companies like GM, Ford, Toyota and Hyundai are implementing their expansion plans in the current year. While Ford and Toyota continue to leverage India as a source of components, Hyundai and Suzuki have identified India as a global source for specific small car models.
At the same time, Indian players are likely to increasingly venture overseas, both for organic growth as well as acquisitions. The automotive sector in India is poised to become significant, both in the domestic market as well as globally.
MAM BABASABPATILFREEPPTMBA.COM
Page 17
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
The rising cost competition in the developed car markets coupled with high input cost pressure contributed to the increasing sales figure of passenger cars in the country. During financial year 2005-06, passenger vehicle sales witnessed a growth of 7.55% over the previous year. The major players are still in the process of expanding their production capacity and roll out more car models in response to the needs and aspirations of Indian car consumers.
MAM BABASABPATILFREEPPTMBA.COM
Page 18
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
In 2005 Tata motors acquired a 21% stake in Hispano Carrocera, a reputed Spanish bus and coach manufacturer, with an option to acquire the remaining stake as well. Hispanics presence is being expanded in other markets. These acquisitions will further extend Tata Motors Global footprint, established through exports since 1961. the companys commercial and passenger vehicles are already being marketed in several countries in Europe, Africa, the Middle East, Australia South East Asia and South Asia. It has assembly operations in Malaysia, Kenya, Bangladesh, Spain, Ukraine, Russia and South Senegal.
MAM BABASABPATILFREEPPTMBA.COM
Page 19
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
The foundation of the companys growth over the last 50 years is a deep understanding of economic stimuli and customer needs the ability to translate them into customer desired offering through leading edge R&D. with 1,400 engineers and scientists, the companys Engineering Research centre, established in 1966, has enable pioneering technologies and products. It was Tata Motors, which developed the first indigenously developed light commercial vehicles, Indias first Sports Utility vehicle and in 1998 the Tata Indica, Indias first fully indigenous passenger car. Within two years of launch, Tata Indica became Indias largest selling car in its segment. The pace of new product development has quickened. In 2005, Tata motors created a new segment by launching the Tata Ace, Indias first indigenously developed mini-truck. The year to come will see the introduction of several other innovative vehicles, all rooted in emerging customer needs. R&D is also focusing on environment-friendly technologies in emissions and alternative fuels. Through its subsidiaries, the company is engaged in engineering and automotive solutions, construction equipment manufacturing, automotive vehicle components manufacturing and
supply chain activities, machine tools and factory automation solutions, high precision tooling and plastic and electronic components for automotive and computer applications, and automotive mailing and service operations. True to the tradition of the Tata Group, Tata Motors is committed in letter and spirit to corporate social Responsibility. It is a signatory to the united Nations Global Compact, and is engaged in community and social initiative on human rights, labor and environment standards in compliance with the principles of the Global Compact. Simultaneously, it also plays an active role of community development, serving rural communities adjacent to its manufacturing locations. With the foundation of its rich heritage, Tata Motors today is etching a refulgent a refulgent future.
MAM BABASABPATILFREEPPTMBA.COM
Page 20
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) INTRODUCTION OF TATA MOTORS
2009
There is a different between making money for one self and creating wealth for others. This is a story of a business house that has created wealth for nation. The story of struggle, anxiety, adventure and achievement the story of our pioneers. JAMSETJI TATA, the founder of Indian largest and international best known group of companies, began with a textile mill in central India in the 1870s. His powerful vision inspired the steel and power industries in the countries, set the foundation for technical education, and philosophy, and helped India leap frog the from the dark ages to the threshold of the 21st century. Under sir DARABJI TATAS stewardship the grand vision of his father Jamsetji was implemented and many new initiative were launched under his leadership, the sir Darabji Tatas trust (1932), the premier founder of the Tatas. Jemsetji younger son, sir Ratan Tata had a very distinct personality of his own, that reflected his sensitive understanding if human endeavor and his desire to utilize his considerable wealth to enhance the quality of public life. A philanthropist all his life, he created a trust fund for The advancement of learning and for the relief of the human suffering and other works of public utility. The Tata group has always sought to be a value driver origination. These values continue to direct the groups growth and businesses: Integrity Understanding Excellence Unity Responsibility
MAM BABASABPATILFREEPPTMBA.COM
Page 21
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) Integrity:
2009
We must conduct over business fairly, with honesty and transparency. Everything we do must stand the test of the public scrutiny. Understanding: We must be caring show respect, compassion and humanity for our colleagues customers around the world and always work for the benefit of India. Excellence: We must constantly shrive to achieve the highest possible standards in our day to day work and in the quality of the goods and services we provide. Unity: We must work cohesively with our colleagues across the group and with our customers and partners around the world, building strong relationships based on tolerance, understanding and mutual co-operation. Responsibility: We must continue to be responsibility, sensitive to the countries, customers and environment in which we work, always ensuring that what comes from the people go back to the people many time over. Tata Motors ltd is Indias largest automobile company, with revenue of Rs.32,426 crores [USD 7.2billion] in 2006-07. it is the leader by far in commercial vehicles in each segment, and the second largest in the passenger vehicles market with winning products in the compact, midsize car and utility vehicle segments. The company is the worlds fifth largest medium and heavy commercial vehicle manufacturer, and the worlds second largest medium and heavy bus manufacturer. The companys 22,000 employees are guided by the vision to be Best in the manner in which we operate, best in the products we driver, and best in our value system and ethics. Tata motors helps its employees realize their potential through innovative HR practices. The
MAM BABASABPATILFREEPPTMBA.COM
Page 22
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
companys goal is to empower and provide employees with dynamic career paths in congruence with corporate objectives. Regular in-house and external training ensures all-round potential development and performance improvement. The company has won several awards recognizing its training programs.
Business Description:
TATA MOTORS LTD. The groups principal actives are to manufacture and market Heavy, Medium, and Light Commercial vehicles and passenger cars. The group operates in two segments: 1. Automotives 2. Others
Automotive segment includes the business of automotive products of all types of commercial and passenger vehicles. Other segment includes construction equipment, engineering solution, automotive components and software operation of subsidiaries. The group also manufactures spare parts for vehicles, marine engines, casting and forging. The manufacturing plants are located in Jamshedpur, pune, Lucknow and Dharwad.
MAM BABASABPATILFREEPPTMBA.COM
Page 23
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Two families, Dharmappa Mirji and Manickchand Shah in the year 1920, founded the Manickbag Group. The name manickbag was adopted because it was started on a land, which was donated by one Mr. Manickchand P. Zaveri of Bombay to Jain Boarding, and it was full of Bamboo jungle and hence the area was known as Manickbag. This land was taken on long lease and Manickbag concerns got under way. First Manickbag Rice Mill was started then it was diversified to manickbag Soap Factory. Due to some policy matter it was closed and Groundnut oil mill started. This group believes in honesty and quality so they were successful in producing the product, which was accepted abroad also Manickbag Oil mills exported the groundnut oil. In the year two young family members turned their focus to the business. Manickag owned a few petrol-fueled trucks, so to maintain these trucks small workshop was started as Manickbag Engineers. Soon engines came in market. Taking advantage of this opportunity Manickbag Engineers converting petrol trucks into diesel by changing the engine assembly. Simpson was the leading manufacture of diesel engine then and they offered the dealership for their engines to Manickbag in the year 1951. The MICO dealership was acquired in 1956. At same time Ashok Leyland Sub dealership under Sundaram motors was taken in 1956 in the name of manickbag Automobiles. Then for rebuilding a full-fledged Machine shop was started. In the year 1956 separated firm as Manickbag Diesel started exclusive for Micro product and
MAM BABASABPATILFREEPPTMBA.COM
Page 24
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Manickbag Garage Industries for Machine shop and Leyland Service for repairs and service of Leyland vehicles. In the year 1974 a branch of manickbag Diesel for MICO was opened in Bijapur. In the year 1984 Manickbag Automobiles opened a branch for Ashok Leyland at Hubli. In the year 1980 (24/09/1980)Sundram Clyaton TVS Moped dealership was taken. The TVS Motor Co ltd (Ind-Suzuki) motorcycle dealership was started on 28-05-1984 in Manickbag Engineers. Further branches were opened at Bijapur Ankola. In 1991 Manickbag Automobiles shifted from Ashok Leyland to TATA MOTORS. PRESENT BUSINESS LINES: Hindustan Petroleum Simpson MICO Kirloskar Bearings TVS Motor Co. - Since 1950 - Since 1951 - Since 1956 - Since 1975 - Since 1980
Sesa Goa Pig iron Coke and coal - Since 1990 Tata motors Tata Motors - Since 1992 - Since 1995 (started separate passenger division)
BRANCHES:
MAM BABASABPATILFREEPPTMBA.COM
Page 25
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Head office
Belgaum
1. Hubli 2. Bijapur 3. Ankola 4. Gulbar 5. Gokak Service set up: 1. Bagalkot 2. Bidar 3. Chikkodi
Achievements : Best Dealership Award from TATA Motors (TELCO) Best Dealership Award from MILCO Best Dealership Award from TVS Motor Co.
MAM BABASABPATILFREEPPTMBA.COM
Page 26
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
MANICKBAG AUTOMOBILES MANICKBAG ENGINEERS MANICKBAG SERVICES MANICKBAG OIL MILLS This is our planet and creating a sustainable future is a passionate mission Manickbag is exclusive showroom for TATA Motors situated at Udyambag khanapur road Belgaum, which is covering 6 districts namely Bagalkot, Bijapur, Dharwad, Gadag, Belgaum and Haveri. It is having small showroom at Ankola and Bijapur to cover those areas, which are working under the guidance of Manickbag the main branch. It uses promotional activities such as periodical advertisement, Offers Insurance, Road Shows, Demonstration. Sales executives are playing important role in attaining the enquires of their customers, the present enquiry a purchasing ratio of customer is 3:1. Since Manickbag is the only big showroom the promotional activities conducted are not reaching effectively to customers of other district, it show that most of their sales are in and around Dharwad district simultaneously it is loosing customers in other districts.
MAM BABASABPATILFREEPPTMBA.COM
Page 27
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) MARKETING
2009
Markting deals with customer. It is the delivery of customer satisfaction at a profit. Customer is a king in business and Manickbag follows this trend and know how to attract customer and keep them satisfied. This is the art which is necessary in every service industry. It is social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products value with others. Manickbag has adopted various methods of marketing such as: 1. Contacts 2. Counter 3. Advertisement 4. Casual visit 5. After sales service 6. Banks 1. Contacts: Manickbag contact the known people and tell them about their product range. 2. Counter: This is where people come and visit manickbag for enquiry. 3. Advertisement: They give ads in newspaper regarding any scheme or launch of new vehicle. 4. Casual visit: Sometimes sales executives visit the house of the customer and ask them about the vehicle purchased by them. This creates a good relationship between the executives and the company and in turn with the customer.
MAM BABASABPATILFREEPPTMBA.COM
Page 28
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
5. After sales service: This is best way as they can provide better service to the customer. 6. Banks: Banks are one of the means of attracting people Manickbag provides in house finance facilities i.e. (TATA Motor finance) and in house insurance. ORGANIZATIONAL STRUCTURE The structure of the company refers to the authorities and responsibilities of the employees.
DIRECTORS
MANAGING DIRECTOR
SALES DEPARTMENT
SPARES DEPARTMENT
SERVICE DEPARTMENT
ACCOUNTS DEPARTMENT
MANAGER
MANAGER
MANAGER
MANAGER
SALES CO-ORDINATOR
STORE KEEPER
SERVICE STAFF
ACCOUNTS STAFF
SALES EXECUTIVE
SUPERVISOR
SERVICE ADVISOR
SUPERVISOR
MAM BABASABPATILFREEPPTMBA.COM
Page 29
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) PRODUCTS
2009
Tata moters Manickbag automobile pvt ltd is purely passenger vehicles dealer company. INDICA, INDICA V2, VICTA DL TURBO, SUMO, SPACIO GOLD PLUS, INDIGO MARINA these all are the products sale by the Manickbag Automobiles. PRODUCT PROFILE INDICA PROFILE:-
INDICATill about 2 years ago, India was no different from other less developed contries in one crucial respect, it has not designed and produced a car indigenously. Indias case was ever curiouser, the country had sent missiles into space but had not been able to produce a car indigenously. This situation changed with the launch Tata indica in December 1998.
MAM BABASABPATILFREEPPTMBA.COM
Page 30
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
This basic concept of the car was set the out in 1995. the car should, it was decided, be designed around the specific needs of the Indian car owner. The inside space of Indica car is same as of ambassador car which is consider to offer the optimum space for the typical Indian family. The external dimensions of indica car are equivalent to Maruti Zen. Almost 90* wide opening doors made easy entry and exit for the passengers; this meant 4 independent suspensions and raised back seat. Indica car is the world-class standards of safety. The indica car is economic. The price of indica car is approximating of Maruti 800. Contemporary design. Tata companys designers at its Engineering Research Centre (ERC) created some renderings of the car which were refined and finalized in association with the famous Milan, based design house I.D.E.A. Total number of engineers who worked on Indica project 200. Number of diesel specially manufactured for indica 740. Time taken from conception to completion 31 months. Number of components specially developed for indica 3885. Cost of project Rs. 1700 crore Number of production fixtures created for indica 4010
MAM BABASABPATILFREEPPTMBA.COM
Page 31
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
SAFFRE GOLD
PEARL SILVER
EMERALD GREEN
MINT WHITE
MICA BLACK
INDIANA RED
MAM BABASABPATILFREEPPTMBA.COM
Page 32
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) INDICA V2
2009
Tata engineering today announced the launch of Indica V2, the next stage of condition of diesel indica. The indica v2 is engineered to deliver high standards of drive comforts, handling and performance and safety, as also to meet growing customer expectation in the market. Due to some problem in indica, these problems were overcome and brought together the improvements and refinements that have gone on indica since its launch. Besides, the indica v2 as features and performances characteristics deserves of a car in this segment for tomorrows market. The v2 is the next generation indica that builds on the confidence of over 90000 customers that exist today in less than 2 years of its launch. Most of the changes appear under the skin in the suspension system, engine and gearbox technology while the most visible are the wider types that the car now sports far enhanced drive comforts and safety. Tata engineering announced the launch of 2 new power steering versions of the indica DLS in diesel indica v2 range. The new power steering models are positioned attractively above the air conditioned models and come with body colored bumpers and 4 spoke soft feel power steering wheel with dropping flow features in it. This indica v2 has a side impact beams with all 4 wheel arcs followed with side rubbing rails. The warranty has been extended from 18 months to 36 months.
MAM BABASABPATILFREEPPTMBA.COM
Page 33
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) Indicas Competitors:
2009
Indica through the best car around has to face a lot of competition from Maruti, Hyndai, etc. and the new cars that have entred into the market. Colors of Indica V2:
Mint white Artic silver Pastel green Odyssey blue Salsa red Carbon black Satin glow Cavern grey
MAM BABASABPATILFREEPPTMBA.COM
Page 34
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
INDICA XETA GL {EURO III} INDICA XETA GLE {EURO III} INDICA XETA GLS{EURO III} INDICA XETA GLG{EURO III} INDICA XETA GLX{EURO III} DIESEL N.A. VARIANTS
MAM BABASABPATILFREEPPTMBA.COM
Page 35
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
INDICA TURBO DLS {EURO III} INDICA TURBO DLG {EURO III} INDICA TURBO DLX {EURO III}
INDICAB TAXI DL {EUROII} INDICAB TAXI DLE {EUROII} INDICAB TAXI DL {EUROIII} INDICAB TAXI DLE {EUROIII}
MAM BABASABPATILFREEPPTMBA.COM
Page 36
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) OTHER VARIANTS PRODUCTS SPACIO GOLD PLUS
2009
[3-lit turbo engine, 15 kmpl mileage, Good NVH, power steering, 4.9 mtr turning circle radius, underbody spare wheel,] VICTA DL TURBO SUMO
[15 kmpl mileage, Dl turbo tech., 70 PS power, Turning Circle Radius of small car, HVAC, Keyless entry, CD/MP3 Player] INDICA V2 DICOR
[ 15 kmpl, techo mtr, digital clock, power steering, low fuel & high engine Temp warning lamps, 70 PS @4000rmp]
MAM BABASABPATILFREEPPTMBA.COM
Page 37
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) INDIGO MARINA
2009
[15 kmpl, techo mtr HVAC, Keyless entry, CD/MP3 Player 70 PS @4000rmp & 140 Nm @ 1800-3000rmp]
MAM BABASABPATILFREEPPTMBA.COM
Page 38
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) RESEARCH STUDY
2009
Introduction to the Project: Automobile Industry in India has witnessed a tremendous growth in recent years and is all set to carry on the momentum in the foreseeable future. Indian automobile industry has come a long way and is one of the key sectors of the economy in terms of the employment. In the recent years many foreign automobile companies have stepped into the Indian market, making it more intensive and competitive. The automobile companies are coming up with new innovative models with different features, colour, and look whereas the dealers in collaboration with these companies are coming up with different service and maintenance schemes in order to attract the customers. After years of dominating the commercial vehicle market in India, Tata Motors entered the passenger vehicle market in 1991 by launching the Tata Sierra, a multi utility vehicle. After the launch of three more vehicles, Tata Estate (1992, a stationwagon design based on the earlier 'TataMobile' (1989), a light commercial vehicle), Tata Sumo (LCV, 1994) and Tata Safari (1998, India's first sports utility vehicle). Tata launched the Indica in 1998, the first fully indigenous passenger car of India. Though the car was initially panned by auto-analysts, the car's excellent fuel economy, powerful engine and aggressive marketing strategy made it one of the best selling cars in the history of the Indian automobile industry. In my Summer Inplant Project duration, I am going to conduct a research study on Customer Satisfaction on the Tata Indica Passenger Car (all versions). Need for the projects Manickbag Automobiles (P) Ltd Belgaum popularly known as Manickbag Automobiles is an authorized dealer of Tata Passenger Cars caters to four districts of North Karnataka region. Manickbag Automobiles has to continuously evaluate its performance and customer satisfaction as it faces a stiff competition from other dealers in this region like dealers of Maruti Suzuki, Honda, Skoda, Toyota, Ford etc.
MAM BABASABPATILFREEPPTMBA.COM
Page 39
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
In this project a sincere effort has been made to find out the customers perception towards all versions of Tata Indica car and to evaluate the performance of these cars and measuring customer satisfaction level. The information will be collected from the owners/drivers of Tata Passenger Car in Belgaum region.
MAM BABASABPATILFREEPPTMBA.COM
Page 40
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
RESEARCH METHODOLOGY
Type of Research The project is based on Descriptive Research and Explorative research. Type of Data Both Primary & Secondary data will be collected for the project. Data Collection Method 1. Primary Data Questionnaire Questionnaire will be used as one of the instruments to collect the required data and as a guide to interview the target audience. The questionnaire is designed to be structured & non disguised type for the respondents. Personal interview Along with the questionnaire, the target audience will be asked questions, to get better insights about Tata Indica. Expert opinion To get the better insight and to know about some technical problems if any and to know about the Perception of customer about all versions of Tata Indica, we will be having discussion with local car mechanics 2. Secondary Data Websites, Newspaper & Magazines Product brochures Company officials Mechanics Farmers
MAM BABASABPATILFREEPPTMBA.COM
Page 41
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Survey Method Initially personal interviews will be conducted with the existing customers/mechanics/company official to get better insights about passenger car market & Tata Indica, based on this information a questionnaire will be prepared which will be used to survey the target audience Population Owners/drivers/new buyer of passenger vehicle of Belgaum district. Sampling Unit Owners/drivers/new buyers of passenger cars. Sample Size From the Belgaum region 100 owners/drivers/new buyer of passenger cars. Will be selected for the study. Sampling Method Non probability, Convenient sampling method will be used for the survey. Geographical Area The survey will be conducted in the geographical area of Belgaum.
MAM BABASABPATILFREEPPTMBA.COM
Page 42
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
DATA ANALYSIS AND INTERPRETATION Frequency Table1: Annual Income of the respondent
Annual incom e of the res ponde nt Cumulativ e Percent 39.6 92.7 100.0
V alid
50
53
40 40
Percent
30
20
Interpretation :
Among respondents surveyed, 40% of the respondents have their income level between 1 lakh2lakhs, 53% have their income between 2.5lakhs-4lakhs & 7% have their income between 4lakhs & above.
MAM BABASABPATILFREEPPTMBA.COM
Page 43
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
DLE Indicab (AC) DLE(AC) DLS (AC,PS) GLE (AC) GLE (LPG) GLS (AC,PS) GLS (LPG) Total
Frequenc y 6 15 41 19 8 8 3 100
Valid Percent 6.0 15.0 41.0 19.0 8.0 8.0 3.0 100.0
50
40
41
Percent
30
20 19 15 10 8 6 0 DLE Indicab (AC) DLS (AC,PS) GLE (AC) GLE (LPG) DLE(AC) GLS (AC,PS) 3 GLS (LPG) 8
Interpretation:
Out of 100 respondent, 6% own Indica DLE indicab (AC), 15% have DLE (AC), 41% DLS (AC, PS), 19% have GLE (AC), 8% have GLE (LPG), 8% have GLS (AC, PS) and 3% of the respondents have GLS(LPG).
MAM BABASABPATILFREEPPTMBA.COM
Page 44
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
YES NO Total
Frequenc y 49 51 100
60
50 49 40
51
Percent
30
20
10
0 YES NO
Interpretation:
Out of 100 respondents surveyed, 49% expressed that they searched information for the car & 51%expressed that they have not searched for information.
MAM BABASABPATILFREEPPTMBA.COM
Page 45
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
YES NO Total
Frequenc y 44 56 100
40
44
Percent
30
20
10
0 YES NO
Interpretation:
Among the respondents surveyed , 44% expressed that they compared the car with the other Brands they were aware off.
MAM BABASABPATILFREEPPTMBA.COM
Page 46
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Frequenc y Less than 2years 24 2 - 4 years 59 4 - 6 years 10 More than 6 years 7 Total 100
Percent
40
30 24
20
Interpretation:
Among the respondents surveyed, 24% of the respondents expressed that they have vehicle of age less than 2 years, 59% of the vehicle are between 2-4years, 10% between 4-6 years & 7% of vehicle have age more than 6 years.
MAM BABASABPATILFREEPPTMBA.COM
Page 47
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Frequenc y 19 19 38 24 100
30
Percent
24 20 19 19
10
Interpretation:
Out of the 100 respondents, 19% came to know about their vehicle through company personal, 19% from friends, 38% from media & 24% of them knew themselves.
MAM BABASABPATILFREEPPTMBA.COM
Page 48
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
V alid
Frequenc y 11 16 21 40 2 10 100
40
40
Percent
30
20 16 10 11
21
10
Interpretation:
Among the respondents surveyed, 40% of them were influenced by friends, 21% by family, 16% were influenced by status and 11% of respondents expressed that they had necessity to buy the vehicle.
MAM BABASABPATILFREEPPTMBA.COM
Page 49
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Price Mileage Design & Tec hnology Brand Resale v alue Comf ort Utility Total
Frequenc y 25 46 7 10 3 5 4 100
Valid Percent 25.0 46.0 7.0 10.0 3.0 5.0 4.0 100.0
Percent
30
25 20
10 10 7 0 Price Design & T echnology Mileage Brand 3 Resale value Comfort 5 4 Utility
Rank the f ollowing f eatures of y our car which inf luenced y ou to buy that
Interpretation:
Among the respondents surveyed 46% ranked mileage as a feature which influenced them lot to by that car, 25% ranked price and 10% of the respondents ranked the brand equity of Tata.
MAM BABASABPATILFREEPPTMBA.COM
Page 50
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Frequenc y 87 12 1 100
87 80
Percent
60
40
Interpretation e:
Among the respondents surveyed 87% expressed that the level of comfortness is most important while buying a car.
MAM BABASABPATILFREEPPTMBA.COM
Page 51
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Frequenc y 83 13 4 100
80
83
Percent
60
40
Interpretation:
Among the respondent surveyed, 83% expressed that the price is a most important attribute while buying a car.
MAM BABASABPATILFREEPPTMBA.COM
Page 52
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
V alid
Frequenc y mos t important 73 Impotantant 12 Neutral 12 Leas t importanc e 2 V ery leas t importance 1 Total 100
Percent
40
20
12
Neutral
Interpretation:
Among the respondents surveyed, majority of the respondents is, 73% expressed that the power of vehicle is a most important attribute while buying a car.
MAM BABASABPATILFREEPPTMBA.COM
Page 53
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
V alid
Frequenc y mos t important 73 Impotantant 3 Neutral 10 Leas t importanc e 12 V ery leas t importance 2 Total 100
Percent
40
20
12
Interpretation:
Among the respondents surveyed, majority of the respondent is, 73% expressed that the fuel efficiency of a vehicle is also a most important attribute while buying a car.
MAM BABASABPATILFREEPPTMBA.COM
Page 54
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
V alid
Frequenc y mos t important 74 Impotantant 1 Neutral 4 Leas t importanc e 12 V ery leas t importance 9 Total 100
60
Percent
40
20
Interpretation:
Out of 100 respondents, 74% expressed safety as a most important a attribute while buying a car, 12% least importance and 9% expressed it a very least important.
MAM BABASABPATILFREEPPTMBA.COM
Page 55
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
V alid
Frequenc y mos t important 73 Impotantant 1 Neutral 1 Leas t importanc e 15 V ery leas t importance 10 Total 100
Percent
40
Inference:
Out of respondents, 73% expressed resale value as a most important attribute while buying a car, 15% expressed it as least important & 10% very least important
MAM BABASABPATILFREEPPTMBA.COM
Page 56
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
YES NO Total
Frequenc y 29 71 100
71 60
Percent
40
29 20
0 YES NO
Interpretation:
Among the respondents surveyed 71% of the respondents expressed that they were not aware of all versions of tata indica passage car.
MAM BABASABPATILFREEPPTMBA.COM
Page 57
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Frequenc y 17 65 13 5 100
50
Percent
40
30
Interpretation :
Among the respondents rates surveyed 65% of the respondents expressed that the mileage given by their vehicle as good 17% expressed it as very good, 13% neither good non poor & 5 rated as a poor.
MAM BABASABPATILFREEPPTMBA.COM
Page 58
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
V alid
V ery good Good Neither good nor poor poor very poor Total
Frequenc y 34 57 6 2 1 100
60 57 50
Percent
40 34
30
20
10 0 Very good Good 6 Neither good nor poo poor very poor
Interpretation:
Out of the 100 respondents surveyed ,57% rated the level of comfortness given by their vehicle as good,34% rated very good and 6% rated it as neither good nor poor.
MAM BABASABPATILFREEPPTMBA.COM
Page 59
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Very f requent Frequent Neither frequent nor f requent Inf requent very f requent Total
Frequenc y 23 52 14 7 4 100
50
52
40
Percent
30
20
23
10
14 7
0 Very fre quen t Neith er fre quen t nor Fre quen t Inf reque nt
How will y ou rate the f requency of m aintenance serv ice and repair needs
Interpretation:
Among the respondents surveyed , 52% expressed that the maintenance & repair needs of their vehicle is frequent , 23% expressed it is very frequent 14% it is neither frequent nor frequent, 7% infrequent & 5% very frequent.
MAM BABASABPATILFREEPPTMBA.COM
Page 60
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Highly s atis f ied satisf ied neither s atis f ied nor dis satisf ied Total
Frequenc y 88 11 1 100
88 80
Percent
60
40
20
Interpretation:
Majority of the respondents i e, 88% expressed that they are highly satisfied as for as mileage given by their vehicle is concerned.
MAM BABASABPATILFREEPPTMBA.COM
Page 61
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Highly s atis f ied satisf ied neither s atis fied nor dis satis f ied diss atis fied Total System
Frequenc y 42 44 12 1 99 1 100
50
44 40 42
Percent
30
20
10
12
0 Missi ng Highl y s atisfied satisfied dis satis fied neither satis fied no
Interpretation:
Majority of the customers expressed satisfaction over the comfortness of their vehicle
MAM BABASABPATILFREEPPTMBA.COM
Page 62
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
V alid
Highly s atis f ied satisf ied neither s atis f ied nor dis satisf ied diss atis fied Highly dis satisf ied Total System
Frequenc y 13 51 29 3 3 99 1 100
60
50
51
40
Percent
30 29 20
10
13
3 Highl y dissatisfied
Interpretation:
Among the respondents surveyed, 51% expressed that they are satisfied over the maintenance and service needs of their vehicle 13% expressed high satisfaction and 29% of them expressed that they are neither satisfied nor dissatisfied.
MAM BABASABPATILFREEPPTMBA.COM
Page 63
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Highly s atis f ied satisf ied neither s atis f ied nor dis satisf ied diss atis fied Highly dis satisf ied Total
Frequenc y 11 26 36 24 3 100
36 30
26
Percent
24 20
10
11
3 Highl y dissatisfied
Interpretation:
Out of respondents surveyed 36% expressed that they 'are neither satisfied nor dissatisfied with speed ,26% expressed that they are satisfied, 11% highly satisfied and 24% of respondents expressed dissatisfaction on the speed of their vehicle.
MAM BABASABPATILFREEPPTMBA.COM
Page 64
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Valid
Highly s atis f ied satisf ied neither s atis f ied nor dis satisf ied diss atis fied Highly dis satisf ied Total
Frequenc y 8 32 25 17 18 100
30
32
Percent
25 20 17 18
10 8
0 Highl y s atisfied neither satis fied no satisfied Highl y dissatisfied dis satis fied
Interpretation:
32% of the respondents expressed that they are satisfied over the reliability, 25% of the respondents are neither satisfied nor dissatisfied, 17% are dissatisfied, and 18% of the respondents expressed high dissatisfaction over the reliability.
MAM BABASABPATILFREEPPTMBA.COM
Page 65
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
FINDING
1. Among respondents surveyed, 40% of the respondents have their income level between 1 lakh - 2lakhs, 53% have their income between 2.5lakhs-4lakhs & 7% have their income between 4lakhs & above 2. Out of 100 respondent, 6% own Indica DLE Indicab (AC), 15% have DLE (AC), 41% DLS (AC, PS), 19% have GLE (AC), 8% have GLE (LPG), 8% have GLS (AC, PS) and 3% of the respondents have GLS(LPG). 3. Out of 100 respondents surveyed, 49% expressed that they searched information for the car & 51%expressed that they have not searched for information. 4. Among the respondents surveyed, 44% expressed that they compared the car with the other brands they were aware off. 5. Among the respondents surveyed, 24% of the respondents expressed that they have vehicle of age less than 2 years, 59% of the vehicle are between 2-4years ,10% between 4-6 years & 7% of vehicle have age more than 6 years. 6. Out of the 100 respondents, 19% came to know about their vehicle through company personal, 19% from friends, 38% from media & 24% of them knew themselves.
MAM BABASABPATILFREEPPTMBA.COM
Page 66
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
SUGGESTION
1. Majority of the respondents were still unaware about different versions of Tata Indica passenger. Therefore I suggest the company personals should take initiative to create awareness about these versions. 2. According to the survey, most of the car buyers took at price of the vehicle. The Tata has always kept the best, reasonable price for his products and also has been successful in it. The Tata must set even better price for his products in the feature. 3. Most of the customers expressed concern over frequency of the maintenance & service problems faced by their vehicle and expressed high satisfaction over it. Therefore, I suggest them to re look at the vehicle & re-develop in order to stop the frequency of these problems. 4.Tata Motors and its dealer have to consider not only market performance of its cars but also of its competitors cars and at the same time keep the track of changing attitude of the customer in changed situation. 5. Schemes & offers given by the company has or great influenced on the buying behavior of the customer. Tata Motors & its dealers must give more attractive offers & schemes than their competitors. There are few customers who are not influenced by offers & schemes, so to protect their interest; they should come up with new feature, design & technology and services after sales etc.
MAM BABASABPATILFREEPPTMBA.COM
Page 67
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Almost 50% of the respondents searched for information before buying the car to select the best one. 44% of respondents compared with other car brands to know the positive & negative points associated with their vehicle.
Majority of t he vehicle have their age between 2-4 years, this indicates that the respondents have spent enough time with their vehicle and well experienced with performance of car. 38% of respondents came to know about their vehicle through different media. 40% of the respondents expressed that they were influenced by their friend to buy the car. Majority of customer are driver by profession and this word of mouth will create more awareness about vehicle.
Majority of the customer i e, 46% expressed that they are influenced by mileage of the car while buying the car and 25% were influenced by price of the car. Majority of the customer expressed comfortness, price, power, fuel consumption, safety and resale value attributes as most important while buying car. These are the basic attribute of a vehicle and most of the customers look their feature while buying car.
Majority of the customer i e, 71% are not aware about all versions Tata Indica passenger car, so the company personal need to create awareness about all versions of Tata Indica. Majority of the customers rated good to the mileage and comfortness given by their
MAM BABASABPATILFREEPPTMBA.COM
Page 68
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
vehicle. Most of the customer (52%) expressed that their vehicle faced frequent maintenance & service problems. Majority of the customer expressed satisfaction over comfortness and maintenance and service problems faced by their vehicle. Out of 100 respondents 26% were satisfied 36% were neither satisfied nor dissatisfied & 24% dissatisfied on the speed of the vehicle whereas most of them expressed satisfied on the reliability.
MAM BABASABPATILFREEPPTMBA.COM
Page 69
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Questionnaire
Kindly fill in the following details Name Address Age Occupation Contact No : - __________________________________ : - __________________________________ : - __________________________________ : - __________________________________ : - __________________________________
Please mention your Annual Income: a) 10,00,000-25,00,000 [ ] b) 25,00,000- 40,00,000 [ ] c) 40,00,000 and above [ ]
1. At present which variant of Tata Indica passenger car do you own? a. DLE Indicab (AC) b. DLE (AC) c. DLS (AC,PS) d. GLE (AC) e. GLE, LPG f. GLS (AC,PS) g. GLS, LPG
3. Did you compare with other car brands that you were aware of?
Yes No
MAM BABASABPATILFREEPPTMBA.COM
Page 70
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) 4. From how many Years you are using your existing car? a). Less than 2 years b) 2 to 4 years c) 4 to 6 years d) More than 6 yrs
2009
5. How did you come to know about the existing Car? a) Company Personal c) Media b) Friends d) Self
6. What influenced you to buy your existing car? a) Necessity d) Friends b) Status d) Advertisements c) Family f) Others
7. Rank the following features of your car which influenced you to buy that particular car? a. Price b. Mileage c. Design & Technology d. Brand e. Resale value f. Comfort g. Utility
8. What level of importance did you attach to the following attributes while buying your passenger car? Attributes a)Comfortness Most Important Important Neutral Least Importance Very least Importance
MAM BABASABPATILFREEPPTMBA.COM
Page 71
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) b)Price c)Power d)Fuel Consumption e) Safety f) Resale value
2009
9. Are you aware of all versions of Tata Indica Passenger Car? Yes No
10. How will you rate the mileage given by your vehicle? a. Very good b. Good c. Neither good nor poor d. Poor e. Very poor 11. How will you rate the Level of Comfortness of your vehicle? a. Very good b. Good c. Neither good nor poor d. Poor e. Very poor
12. How will you rate the frequency of maintenance service and repair needs of your vehicle? a. Very frequent b. Frequent c. Neither frequent nor infrequent d. Infrequent
MAM BABASABPATILFREEPPTMBA.COM
Page 72
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions) e. Very infrequent 13. Rate level of your satisfaction on following attributes of your car? Attributes Highly Satisfied Mileage Comfortness Maintenance Services Speed Reliability & Satisfied Neither
2009
satisfied Dissatisfied
Highly Dissatisfied
nor Dissatisfied
BIBLOGRAPHY
MAM BABASABPATILFREEPPTMBA.COM
Page 73
Measurement of Customer Satisfaction level on Tata Indica Passenger Car (all versions)
2009
Reference Books
Marketing Management -P hilip Kotler
Marketi ng Research -A Parsuraman,Grewal,Krishnan
MAM BABASABPATILFREEPPTMBA.COM
Page 74