Вы находитесь на странице: 1из 115

Market Research of Bajaj

A SUMMER TRAINING PROJECT REPORT

ON

BAJAJ AUTO PVT LTD.

PREPARED BY
Pankaj Sankharva (M.B.A. 1st Year)
Chirag Manek (M.B.A. 1st Year)

R.K. COLLEGE OF BUISNESS MANAGEMENT


RAJKOT. (GUJARAT)
MAY – JUNE 2006.

-1-
Market Research of Bajaj

I Pankaj Sankharva undersigned the student of M.B.A 1 s t

Year. Of R.K. college of Business Management here by

declares that the project work presented in this reports is my

own work & has been carried out under supervision of Mr.

Kumara Anjaria, Sales Manager of “Automotive

Manufacturers Pvt Ltd” at Rajkot. It is a authorize showroom

and service station of Bajaj Auto.

Date:-

Place :- Mr. Pankaj


Sankharva

-2-
Market Research of Bajaj

I n today’s competitive world the practical study forms an


important part in each and every professional course. The
MBA is a course in which the theoretical knowledge is backed
by the practical study. That study is in the form of project. The
Summer Training Project is one of the important parts of the
curriculum. And each and every student has to work for the
project. The summer project enables the students to know more
about the application of theoretical knowledge. The current
situation of the market is made known to the students when
they undertake the project. The project gives better insides into
the application part of the theory. The companies in an
industry and their operations can be better known by the
students when they analyze the data, and prepare the grand
project.

This project is on the analysis of Two Wheeler market of Bajaj,


Services of Bajaj dealer and Customer Perception as compared
to Hero Honda. We have analyzed the industry very deeply and
carefully project.

One can know about the current scenario of the Indian Two
wheeler industry in India. This project enables the reader to
have a look at the position of the Two Wheeler companies of
the country.

-3-
Market Research of Bajaj

T his is really a matter of pleasure for us to prepare a


project report as it was included in our course by the
Saurashtra University. It gave us the opportunity to learn
things practically what we learnt enterprise and their impact on
the working of the company.

It really gives us pride to first thanks to the Sales Manager of


“Automotive Mfrs Pvt Ltd”, Mr. Kumar Anjaria that give
us the chance to make analysis of “Bajaj auto’s” vehicle and
he also guide us through out our project. He give many Ideas,
Knowledge, Suggestions from his pool of knowledge and also
by sharing his valuable experiences in the field area.

-4-
Market Research of Bajaj

SR. PAGE
PARTICULARS
NO. NO.
1 OVERVIEW OF AUTOMOBILE INDUSTRY 7

2 GENERAL PROFILE OF BAJAJ AUTO 19

3 FINANCIAL RESULT OF BAJAJ AUTO 46

4 DEALERS PROFILE 52

5.1 PROFILE OF AUTOMOTIVE MFRS. PVT LTD 55

5.2 MARKETING DEPARTMENT 64

5.3 PERSONNAL DEPARTMENT 72

6 RESEARCH METHEDOLOGY 85

7 RESEARCH FINDING & CONCLUSION 110

8 SUGGESTIONS 113

9 BIBLIOGRAPHY 115

-5-
Market Research of Bajaj

-6-
Market Research of Bajaj

T he History of the automobile actually began about 4,000


years ago when the first wheel was used for transportation in
India. Several Italians recorded designs for wind-driven vehicles.
The first was Guido da Vigevano in 1335. It was a windmill-type
drive to gears and thus to wheels. Vaturio designed a similar vehicle
that was also never built. Later Leonardo da Vinci designed
clockwork-driven tricycle with tiller steering and a differential
mechanism between the rear wheels.

In the early 15 th century, the Portuguese arrived in China and the


interaction of two cultures led to a variety of new technologies,
including the creation of a wheel that turned under its own power.
By the 1600s, small steam-powered engine models were developed,
but it was another century before a full-sized engine-powered
vehicle was created.

A Catholic priest named Father Ferdinan Verbiest is credited to


have built a steam-powered vehicle for the Chinese Emperor Chien
Lung in about 1678. There is no information about the vehicle, only
the event. Since James Watt didn’t invent the steam engine until
1705, we can guess that this was possibly a model vehicle powered
by a mechanism like Hero’s steam engine-a-spinning wheel with jets
on the periphery.

-7-
Market Research of Bajaj

Although by the mid-15 th century the idea of a self-propelled vehicle


had been put into practice with the development of experimental
vehicles powered by means of springs, clockworks, and the wind,

Nicolas-Joseph Cugnot of France is considered to have built the first


true automobile in 1769. Designed by Cugnot and constructed by
M.Brezin, it is also the first vehicle to move under its own power
for which there is a record. Cugnot’s three-wheeled steam-powered
vehicle carried four persons and was meant to move artillery pieces.
It had a top speed of a little more than 3.2 km/h (2 mph) and had to
stop every 20 minutes to build up a fresh steam.

Evans was the first American who obtained a patent for “a self-
propelled carriage.” He, in fact, attempted to create a two-in-one
combination of a steam wagon and a flat-bottomed boat, which
didn’t receive any attention in those days. During the 1830’s, the
steam vehicle had made great advances. But stiff competition from
railway companies and crude legislations in Britain forced the poor
steam vehicle gradually out of use on roads.

Carl Benz and Gottlieb Daimler, both Germans, share the credit of
changing the transport habits of the world, for their efforts laid the
foundation of the great motor industry, as we know it today. First,
Carl Benz invented the petrol engine in 1885 and a year later
Daimler made a car driven by motor of his own design and the rest
is history.

-8-
Market Research of Bajaj

Daimler’s engine proved to be a great success mainly because of its


less weight that could deliver 1000rpm and needed only very small
and light vehicles to carry them.

France too had joined the motoring scenario by 1890 when two
Frenchmen Panhard and Levassor began producing vehicles
powered by Daimler engine, and Daimler himself, possessed by the
automobile spirit, went on adding new features to his engine. He
built the first V-Twin engine with a glowing platinum tube to
explode the cylinder gas-the very earliest form of sparking plug.

Charles Duryea built a motor carriage in America with petrol engine


in 1892, followed by Elwood Haynes in 1894, thus paving the way
for motorcars in that country.

For many years after the introduction of automobiles, three kinds of


power sources were in common use: steam engines, gasoline or
petrol engines, and electric motors. In 1900, over 2,300 automobiles
were registered in New York, Boston, Massachusetts, and Chicago.
Of these, 1,170 were steam cars, 800 were electric cars, and only
400 were gasoline cars.

-9-
Market Research of Bajaj

In ten years from the invention of the petrol engine, the motorcar
had evolved itself into amazing designs and shapes. By 1898, there
were 50 automobile-manufacturing companies in the United States,
a number that rose to 241 by 1908. In that year, Henry Ford
revolutionized the manufacture of automobiles with his assembly-
line style of production and brought out the Model T, a car that was
inexpensive, versatile, and easy to maintain.

Herbert Austin and William Morris, two different carmakers,


introduced mass production methods of assembly in the UK, thus
paving the way for a revolution in the automobile industry. Austin
Seven was the world’s first practical four-seater ‘baby car’ which
brought the pleasures of motoring to many thousands of people who
could not buy a larger, more expensive car. Even the ‘bull-nose’
Morris with front mounted engine became the well-loved model and
one of the most popular cars in the 1920s.

Automobile manufacturers in the 1930s and 1940s refined and


improved on the principles of Ford and other pioneers. Cars were
generally large, and many were still extremely expensive and
luxurious; many of the most collectible cars date from this time. The
increased affluence of the United States after World War II led to
the development of large, petrol-consuming vehicles, while most
companies in Europe made smaller, more fuel-efficient cars.

- 10 -
Market Research of Bajaj

I ndia is the second largest manufacturer and producer of


two-wheelers in the world. It stands next only to Japan and
China in terms of the number of two-wheelers produced and
domestic sales respectively.

The Indian two-wheeler industry made a small beginning in the


early 50s when Automobile Products of India (API) started
manufacturing scooters in the country. Until 1958, API and
Enfield were the sole producers.

In 1948, Bajaj Auto began trading in imported Vespa scooters


and three-wheelers. Finally, in 1960, it set up a shop to
manufacture them in technical collaboration with Piaggio of
Italy. The agreement expired in 1971.

In the initial stages, the scooter segment was dominated by


API, it was later overtaken by Bajaj Auto. Although various
government and private enterprises entered the fray for
scooters, the only new player that has lasted
till today is LML.

Under the regulated regime, foreign companies were not


allowed to operate in India. It was a complete seller market
with the waiting period for getting a scooter from Bajaj Auto
being as high as 12 years.

- 11 -
Market Research of Bajaj

The motorcycles segment was no different, with only three


manufacturers viz Enfield, Ideal Jawa and Escorts. While
Enfield bullet was a four-stroke bike, Jawa and the Rajdoot
were two-stroke bikes. The motorcycle segment was initially
dominated by Enfield 350cc bikes and Escorts 175cc bike.

The two-wheeler market was opened to foreign competition in


the mid-80s. And then market leaders - Escorts and Enfield -
were caught unaware by the onslaught of the 100cc bikes of the
four Indo-Japanese joint ventures. With the availability of fuel
efficient low power bikes, demand swelled, resulting in Hero
Honda - then the only producer of four stroke bikes ( 100cc
category), gaining a top slot.

The first Japanese motorcycles were introduced in the early


eighties. TVS Suzuki and Hero Honda brought in the first
two-stroke and four-stroke engine motorcycles respectively.
These two players initially started with assembly of CKD kits,
and later on progressed to indigenous manufacturing. In the
90s the major growth for motorcycle segment was brought in
by Japanese motorcycles, which grew at a rate of nearly 25%
CAGR in the last five years.

The industry had a smooth ride in the 50s, 60s and 70s when
the Government prohibited new entries and strictly controlled
capacity expansion. The industry saw a sudden growth in the
80s. The industry witnessed a steady growth of 14% leading to
a peak volume of 1.9mn vehicles in 1990.

- 12 -
Market Research of Bajaj
The entry of Kinetic Honda in mid-eighties with a variometric
scooter helped in providing ease of use to the scooter owners.

In 1990, the entire automobile industry saw a drastic fall in


demand. This resulted in a decline of 15% in 1991 and 8% in
1992, resulting in a production loss of 0.4mn vehicles. Barring
Hero Honda, all the major producers suffered from recession in
FY93 and FY94. Hero Honda showed a marginal decline in
1992.

The reasons for recession in the sector were the incessant rise
in fuel prices, high input costs and reduced purchasing power
due to significant rise in general price level and credit crunch
in consumer financing. Factors like increased production in
1992, due to new entrants coupled with the recession in the
industry resulted in companies either reporting losses or a fall
in profits.

India is one of the very few countries manufacturing three-


wheelers in the world. It is the world's largest manufacturer
and seller of three-wheelers. Bajaj Auto commands a
monopoly in the domestic market with a market share of
above 80%, the rest is shared by Bajaj Tempo, Greaves Ltd
and Scooters India.

The total number of registered two-wheelers and three-


wheelers on road in India, as on March 31, 1998 was 27.9mn
and 1.7mn respectively. The two wheeler population has almost
doubled in 1996 from a base of 12.6mn in 1990.

- 13 -
Market Research of Bajaj

T he composition of the two-wheeler industry


witnessed sea changes in the post-reform period. In
1991, the share of scooters was about 50 per cent of the total 2-
has

wheeler demand in the Indian market. Motorcycle and moped


had been experiencing almost equal level of shares in the total
number of two-wheelers. In 2003-04, the share of motorcycles
increased to 78 per cent of the total two-wheelers while the
shares of scooters and mopeds declined to the level of 16 and 6
per cent respectively. A clear picture of the motorcycle
segment's gaining importance during this period is exhibited by
the Figures 1, which give the annual growth during the period
1993-94 through 2003-04.

- 14 -
Market Research of Bajaj

T he Indian two-wheeler industry has


significant change over the past 10 years with the
preference changing from scooters and mopeds to motorcycles.
undergone a

The scooters segment was the largest till FY1998, accounting


for around 42% of the two-wheeler sales (motorcycles and
mopeds accounted for 37% and 21 % of the market
respectively, that year). However, the motorcycles segment
that had witnessed high growth (since FY1994) became larger
than the scooter segment in terms of market share for the first
time in FY1999. Between FY1996 and 9MFY2005, the
motorcycles segment more than doubled its share of the two-
wheeler industry to 79% even as the market shares of scooters
and mopeds stood lower at 16% and 5%, respectively.

- 15 -
Market Research of Bajaj

A s the following graph indicates, the Indian two-wheeler


industry is highly concentrated, with three players-Hero
Honda Motors Ltd (HHML), Bajaj Auto Ltd (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 Engineering Ltd (KEL), LML Ltd (LML),
Yamaha Motors India Ltd (Yamaha), Majestic Auto Ltd
(Majestic Auto), Royal Enfield Ltd (REL) and Honda
Motorcycle & Scooter India (P) Ltd (HMSI).

- 16 -
Market Research of Bajaj

Although the three players have dominated the market for a


relative long period of time, their individual market shares
have undergone a major change. Bajaj Auto was the undisputed
market leader till FY2000, accounting for 32% of the two-
wheeler industry volumes in the country that year. Bajaj Auto
dominance arose from its complete hold over the scooter
market. However, as the demand started shifting towards
motorcycles, the company witnessed a gradual erosion of its
market share. HHML, which had concentrated on the
motorcycle segment, was the main 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% in 9MFY2005. The share of TVS in industry
sales fluctuated on a year on year basis till FY2003 as it
changed its product mix but has declined since then

- 17 -
Market Research of Bajaj

- 18 -
Market Research of Bajaj

T he Bajaj Group came into existence in 1926, during the


turmoil and the heady euphoria of India’s freedom
struggle. Jamnalal Bajaj, founder of the group, was a close
confidant and disciple of Mahatma Gandhi, and was deeply
involved in the effort for freedom. The integrity, dedication,
resourcefulness and determination to succeed which are
characteristic of the company today, are often traced back to
its birth during those long days of relentless devotion to a
common cause.

Kamalnayan Bajaj, the eldest son of Jamnalal Bajaj, at the


age of 27, he took over the reins of business in 1942. Putting
the Nation before business, he devoted himself to the latter
only after India achieved independence in 1947. and then after
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, elevating the
group to the status it enjoys till this day.

- 19 -
Market Research of Bajaj

At present Chairman and Managing Director of the group, is


Rahul Bajaj, took charge of the business since 1965 and is
recognized as one of the most outstanding business leaders in
India. As dynamic and ambitious as his illustrious
predecessors, he has been recognized for his achievement at
various national and international forums.

Baja is currently India’s Largest Two and Three Wheeler


manufacturer and one of the biggest in the world. Under
Rahul Bajaj’s leadership, the turnover of the Bajaj Auto the
flagship company has gone up from Rs.72 million to Rs.46.16
billion (USD 936 million), its product portfolio has expanded
from one to and the brand has found a global market. He is one
of India’s most distinguished business leaders and
internationally respected for his business acumen and
entrepreneurial spirit.

- 20 -
Market Research of Bajaj

B ajaj Auto is the flagship of the Bajaj group of


companies. The group comprises of 27 companies and
was founded in the year 1926. The companies in the group are:

Bajaj Auto Ltd. Mukand International Ltd.


Mukand Ltd. Mukand Engineers Ltd.
Bajaj Electricals Ltd. Mukand Global Finance Ltd.
Bajaj Hindustan Ltd. Bachhraj Factories Pvt. Ltd.
Maharashtra Scooters Ltd. Bajaj Consumer Care Ltd.
Bajaj Auto Finance Ltd. Bajaj Auto Holdings Ltd.
Hercules Hoists Ltd. Jamnalal Sons Pvt. Ltd.
Bajaj Sevashram Pvt Ltd. Bachhraj & Company Pvt. Ltd.
Hind Lamps Ltd. Jeevan Ltd.
Bajaj Ventures Ltd. The Hindustan Housing Co Ltd.
Bajaj International Pvt Ltd. Baroda Industries Pvt Ltd.
Hind Musafir Agency Pvt Ltd. Stainless India Ltd.
Bajaj Allianz General Insurance
Bombay Forgings Ltd.
Company Ltd.
Bajaj Allianz Life Insurance Company
-
Ltd.

Rahul Bajaj Rajiv Bajaj

- 21 -
Market Research of Bajaj

 Rahul Bajaj Chairman

 Madhur Bajaj Vice Chairman

 Rajiv Bajaj Vice President

 Sanjiv Bajaj Executive Director

 Klaus Biskup President (South East

Asia)

 Ranjit Gupta Vice President

(Insurance)

 C P Tripathi Vice President

(Operations)

 N H Hingorani Vice President (Materials)

 Kevin D'sa Vice President (Finance)

 Pradeep Shrivastava Vice President

(Engineering)

 S Sridhar Vice President (Mktg & Sales)

 V S Raghavan Vice President(Corp.

Finance)

 S Ravikumar Vice President (Busi.

Dev)

- 22 -
Market Research of Bajaj
 K Srinivas Vice President (HR)

 Abraham Joseph General Manager (R& D)

B ajaj has a main plant at Pune. Company produce all bike


from its main plant by assembling the parts which is
purchased from different source and manufactured. Bajaj
Auto's have a three plants at Akurdi, Waluj and Chakan in
Maharashtra, western India.

Plant Location:

The Bajaj auto’s Three plant located at

1. Mumbai - Pune Road, Akurdi, Pune 411 035

2. Bajaj Nagar, Waluj, Aurangabad 431 136

3. MIDC, Plot No A1, Mahalunge Village, Chakan 410 501

Dist. Pune

Company utilize this three plant as per its requirement.


Generally company produces a Different Product/Bike from
different plant

- 23 -
Market Research of Bajaj

1. Akurdi :
Geared scooters, ungeared scooters and Bajaj
Discover

2. Waluj :
Bajaj CT100, Bajaj Wind 125 and three wheelers

3. Chakan :
Bajaj motorcycles - Pulsar and Discover

Company produced 2,194,799 vehicles in 2004-05.

- 24 -
Market Research of Bajaj

B ajaj Auto has a technical tie-up with Kawasaki Heavy


Industries of Japan to produce a range of the latest,
state-of-art two-wheelers in India. Since the tie-up in 1986,
Bajaj Auto has launched KB100, KB RTZ, KB125, 4S, 4S
Champion, Boxer, Caliber, Caliber115, Wind125 and India's
first real cruiser bike, the Kawasaki Bajaj Eliminator.

A Fortune 500 company with a turnover of USD 10 billion


(Rs. 45,840 crore), Kawasaki Heavy Industries has crafted
new technologies for over a hundred years. These technologies
have redefined space systems, aircrafts, jet engines, ships,
locomotive, energy plants, construction machinery,
automation systems, apart from a range of high quality, high
reliability two-wheelers.

Kawasaki has given the world its legendary series of 600-


1200cc Ninja and 1600 Vulcan bikes. Straight from Kawasaki
design boards, the Kawasaki Bajaj Eliminator redefines the
pleasure of "biking" in looks as well as performance

Bajaj Have technology Tie-up with Kawasaki from


1988 to 2003.

- 25 -
Market Research of Bajaj

2006
15 April Bajaj Platina launched
2005
December Bajaj Discover launched (New)
June Bajaj Avenger launched
February Bajaj Wave launched
2004
Sept/Oct Bajaj Discover DTS-i launched
August New Bajaj Chetak 4 stroke with Wonder Gear launched
May Bajaj CT100 Launched
Bajaj unveils new brand identity, dons new symbol, logo
January
and brand line
2003
October Pulsar DTS- i is launched.
October 1,07,115 Motorcycles sold in a month.
July Bajaj Wind 125,The World Bike, is launched in India.
Bajaj Auto launched its Caliber115 "Hoodibabaa!" in the
February
executive motorcycle segment.
2001
Bajaj Auto launches its latest offering in the premium bike
November
segment ‘Pulsar’.
January The Eliminator is launched.
2000
The Bajaj Saffire is introduced.
1999
Caliber motorcycle notches up 1,00,000 sales in record
time of 12 months.

1998
June 7th Kawasaki Bajaj Caliber rolls out of Waluj.
July 25th Legend, India’s first four-stroke scooter rolls out of Akurdi.

- 26 -
Market Research of Bajaj
October Spirit launched.
1997
The Kawasak i Bajaj Boxer and the RE diesel Auto
rickshaw are introduced.
1995
Agreements signed with Kubota of Japan for the
November 29 development of diesel engines for three-wheelers and with
Tokyo R&D for ungeared Scooter and moped development.
The Bajaj Super Excel is introduced while Bajaj celebrates
its ten millionth vehicle.
One million vehicles were produced and sold in this
financial year.
1994
The Bajaj Classic is introduced.
1991
The Kawasak i Bajaj 4S Champion is introduced.
1990
The Bajaj Sunny is introduced.
1986
The Bajaj M-80 and the Kawasaki Bajaj KB100 motorcycles
are introduced.
5,00,000 vehicles produced & sold in a financial year.

1984
Foundation stone laid for the new Plant at Waluj,
January 19 Aurangabad.

1981
The Bajaj M-50 is introduced.
1977
The Rear Engine Auto rickshaw is introduced.
Bajaj Auto achieves production and sales of 1,00,000
vehicles in a single financial year.
1976
The Bajaj Super is introduced.

- 27 -
Market Research of Bajaj
1975
BAL & Maharashtra Scooters Ltd. joint venture.
1972
The Bajaj Chetak is introduced.
1971
The three-wheeler goods carrier is introduced.
1960
Bajaj Auto becomes a public limited company. Bhoomi
Poojan of Akurdi Plant.
1959
Bajaj Auto obtains licence from the Government of India to
manufacture two- and three-wheelers.
1948
Sales in India commence by importing two- and three-
wheelers.
1945
Bajaj Auto comes into existence as M/s Bachraj Trading
November 29
Corporation Private Limited

- 28 -
Market Research of Bajaj
AVENGER DTS-I
Technical specification

Engine : Five Speed, 4 Strock


180 CC
Starting Sys : Kick start
(Elec. Start)
Tank : 14 Litter
Power : 16.5 BHP @8000rpm

ELIMINATOR

Technical specification

Engine : Five Speed, 7 Port


Torque
Starting Sys : Kick start
(Elec. Start)
Max Speed : 110 kmph (solo)
Power : 15.2 BHP @8500rpm

- 29 -
Market Research of Bajaj

DISCOVER DTS-I PULSAR DTS-I


Technical specification Technical specification

Engine : Five Speed, 4 stroke, Engine : Five Speed, 4 stroke,


111.63 cc 150 cc / 178.60 cc
Starting Sys : Kick start Starting Sys : Kick start
(Elec. Start) (Elec. Start)
Power : 7500rpm Power : 8000rpm (15 BHP)
Avg : 101 Km/L Avg : 55 Km/L
Fuel Tank Capacity: Fuel Tank Capacity:
10 Liters(2.3 Liters of 18 Liters(2.3 Liters of
Reserve Reserve
Suspension: (SNS) Spring in Suspension: Triple rate spring,
Spring with hydraulic shock Nitro Shock Observers
absorbers Weight : 137 Kg.
Weight : 117 Kg. Breaks : Drum 135 mm diameter
Breaks : Drum 130 mm diameter. Silencer : Exhaus TEC

- 30 -
Market Research of Bajaj

PLATINA WIND - 125


Technical specification Technical specification

Engine : Five Speed, 4 stroke, Engine : Five Speed, 4 stroke,


99.27 cc, S.I. Engine 124.6 cc (Air Cooled
Starting Sys : Kick start Starting Sys : Kick start
Power : 7500rpm Power : 10.8 BHP
Avg : 108 Km/L Avg : 65 KM/L
Fuel Tank Capacity: Fuel Tank Capacity:
13 Liters(2.3 Litres of 12.5 Liters(2.3 Liters of
Reserve Reserve
Suspension: SNS with hydraulic Weight : 121 Kg.
shock absorbers
Weight : 113 Kg.
Breaks : Drum 130 mm diameter.

- 31 -
Market Research of Bajaj

CT – 100 BOXER
Technical specification Technical specification

Engine : Five Speed, 4 stroke, Engine : Five Speed, 4 stroke,


99.27 cc, S.I. Engine 99.35 CC
Starting Sys : Kick start Starting Sys : Kick start
Power : 7500rpm Power : 7.2 BHP
Avg : 109 Km/L Avg : 102 KM/L
Fuel Tank Capacity: Weight : 109 Kg.
10.5 Liters(2.3 Litres of
Reserve
Suspension: Spring in Spring
Weight : 109 Kg.

- 32 -
Market Research of Bajaj

CHETAK WAVE DTS-I


Technical specification Technical specification

Engine : Four gear, 4 stroke, Engine : Single Cylinder, 4 stroke


145.45 cc 109.7 CC
Starting Sys : Kick start Power : 8 BHP @ 7000 Rpm
Avg : 65 Km/L Fuel Tank : 5 Litres
Weight : 110 Kg.
Suspension: Spring Single Shock
Absorbed & coaxial
spring

- 33 -
Market Research of Bajaj

Brand Ambassador:
The Bajaj Auto uses a different Brand Ambassador for each
bike for making a advertisement of its bike. The Bajaj auto
some time uses a Favorite Actor and New model as a Brand
Ambassador.

Mostly Bajaj Auto uses New Model as a Brand Ambassador.


Just one time company uses a Jacky Chain & Hero of Harry
Potter as a Brand Ambassador for a Bajaj Discover DTS-I.

Punch line:
- 34 -
Market Research of Bajaj

“Bajaj” has a unique Slogan and Logo, When Rahul Bajaj is


a Managing Director at that time Bajaj’s Slogan is:

Old Slogan : Value for Money for Years.

But after December 2003, Rajiv Bajaj is a Vice Precedence


and Managing director, He give a New Slogan And Logo to
the company is.

Slogan : INSPIRING CONFIDENCE


Logo : Flying B

The “Bajaj” has a different punch line for each bike. The
following some are the punch line are.

• Avenger: Feel Like God


• Discover: Discover the Jaadoo.
• Pulsar: Definitely Male
• Platina: Jhalak Dikhlaja
• CT-100: Bike Nahi, Jackpot
• Wave: Make way for Happiness

- 35 -
Market Research of Bajaj

The Bajaj Auto Has Mainly Three Policy to provide better


satisfaction to his customer

1. Environmental Policy
2. Quality Policy
3. TPM Policy (Total Productivity Maintenance)

1. Environmental Policy:

(Towards creating and preserving a cleaner environment)


Bajaj Auto Ltd., manufacturer of two and three wheeler
vehicles is committed to prevention of pollution.

Towards this, Bajaj shall strive to:


• Create a proactive environment management system that
addresses all environmentally significant aspects related
to products and processes.

• Minimize the generation of waste and conserve


resources Through better technology and practices, and
Promote environmental awareness amongst employees
and motivate them to fulfill this commitments.

2. Quality Policy:

- 36 -
Market Research of Bajaj

Bajaj Auto believe in providing the best return value of


money to customer through better product and service.
The Bajaj Auto Provide quality, safety and service as
Productivity.

Quality shall be built into every aspect of work life and


business operations. Quality improvements and customer
satisfaction shall be the responsibility of every employee

3. TPM Policy:

Bajaj Auto adopt Total Productivity Maintenance as a


means of creating a safe and participative work
environment in which all employees target the
elimination of losses in order to continuously enhance the
capacity, flexibility, reliability and capability of its
processes, leading to higher employee morale and greater
organizational profitability.

- 37 -
Market Research of Bajaj

B ajaj Auto Achieve several national,


awards form different media, Government, and from
national safety council.
international

Bajaj Auto Receives Award from, India Trade Promotion


Organisation, ICICI Bank OVERDRIVE Awards, CNBC
AUTOCAR Awards, BBC World Wheels Award and also from
National Safety Council etc.

Here there are Three type of award that Baja Achieve in


different year:

Product Award Year


Bajaj Discover DTS-i - Bike of the Year and Design of the Year 2005
2005
DTS-i Technology - Auto Tech of the Year 2004 2004
Bajaj Pulsar DTS-i Bike of the Year 2004 2004
Wind 125 Two Wheeler of the Year 2004 2004
Bajaj Pulsar 150 DTS-i BBC World Wheels Award for Best 2003
Two Wheeler between Rs 45,000 to Rs 55,000
Bajaj Boxer AT KTEC BBC World Wheels Award for Best 2003
Two Wheeler under Rs 30,000
Bajaj Eliminator - Most exciting bike of the year 2002

Export Award Year


All India Trophy for Highest Exporter 19979-98
Focus LAC Award for Outstanding Performance 1998-99
All India Trophy for Highest Exporter 1997-98
Regional Top Exporter - Large Scale Manufacturer 1995-96
All India Special Shield - Consumer Durables 1994-95
Export Promotion 1976

- 38 -
Market Research of Bajaj
Golden Jubilee Export Year Award 1976

Safety Award Year


Meritorious Performance in Industrial Safety 2001
for three consecutive years
Achieving Lowest Average Frequency Rate 2000-01
Achieving Longest Accident-free Period under Heavy 1998-99
Engineering Industries Group
Longest Accident-free Period 1992
Best Safety Performance 1989

T oday, competition is not only rife but also growing more


intense every year. Competitors are, the companies that
satisfy the same customer need. It is a simple task for a
company to identify its competitors, once a company identifies
its primary competitors, it must ascertain their strategies,
objectives, strengths and weaknesses and reaction pattern.
Whether competitors can carry out their strategies and reach
their goal depends on their resources and capabilities.
Companies’ closest competitors are those seeking to satisfy the
same customers and need and making similar offer. A company

- 39 -
Market Research of Bajaj
should also pay attention to latent competitors who may offer
new or other ways to satisfy the same needs. Manager needs to
conduct a customer value analysis to reveal the company’s
strengths and weaknesses relative to competitors.

Bajaj’s competitors are:

• Hero Honda
• Honda
• LML
• Kinetic
• TVS
• Yamaha

• Recruitment Policy:
Bajaj Auto give equal opportunity to employee. Selection
is based strictly on individual merit.

A large number of recruits are fresh engineers and MBAs.


Natural attrition is usually taken care of by promotions
and horizontal movements within the organisation to
provide career opportunities for its employees

• Recruitment:

- 40 -
Market Research of Bajaj
Engineers: Bajaj Auto recruit Engineering Graduates
from reputed institutes from all over India. Bajaj Auto
enjoys an excellent reputation with all National Institutes
of Technology (NITs) and is among the preferred
employers for on-campus recruitment. The selection
process comprises a written test in technical, analytical
and logical reasoning, group discussion and personal
interview.

Management Graduates: Bajaj Auto recruit management


graduates from reputed management institutes all over
India. The selection procedure comprises a written test in
analytical and logical reasoning, group discussion and
personal interview.

W hen a particular company is interested in selling its


goods in the international market it is said to
undertake exports. For a company to increase the size of it s
market it has to first know the likes, dislikes, wants etc of the
customers staying in other countries.

- 41 -
Market Research of Bajaj

The company appoint several person that handle export


division of company. The company appoint different person as
per geographical position.

o Middle East, Africa and Europe

o North and Latin America

o South East Asia

The Bajaj Auto Has a wide Network of export. In countries


where Bajaj perceive a good market potential, the company
seek a tie up with one of the major industrial establishments,
which would be in a position to invest in the project and which
would also entail manufacturing activities apart from
marketing, distribution and after sales services through a well-
established nation-wide network

• Distribution network covers 50 countries

• Dominant presence in Sri Lanka, Mexico, Bangladesh,

Columbia, Guatemala, Peru, Egypt, Iran and Indonesia

- 42 -
Market Research of Bajaj
• Largest exporter of three-wheelers; over 75,297 units

exported in 2005-06

• 250,204 units exported in 2005-06

• 27 per cent growth in total exports over 2005-06

Growth in Export:

Bajaj Auto continued to be India’s largest exporter of two


and three wheelers. During 2005-06, it exported 250,204 two
and three-wheelers—which represented a growth of 27 per
cent over 2004-05.

- 43 -
Market Research of Bajaj

- 44 -
Market Research of Bajaj

Highlights of the Year 2005-06

• Motorcycles sales – 1.91 million – 32% Growth

• 2 & 3-Wheeler sales – 2.28 Million


25% Growth.

• Turnover Rs. 81.06 billion: 28% Growth


compared to last year.

- 45 -
Market Research of Bajaj

• Profit before tax Rs. 15.81 Billion 45% Growth


compared to last year.

• Net profit Rs. 11.23 billion – 47% Growth


compared to last year.

A. During the year a cruiser bike Bajaj Avenger DTS-i and

Bajaj Discover 110cc were launched. Bajaj CT 100 was


upgraded with ExhausTEC and SNSsuspension while the
Pulsar 180 was upgraded in terms of looks.

B. ‘SEGMENT LEADER’ in the performance segment.


Bajaj Pulsar twins crossed cumulative landmark sale of
‘ONE MILLION’.

C. ‘SEGMENT LEADER’ in the new 125cc category of the

value segment. The Bajaj Discover DTS-i sold over

- 46 -
Market Research of Bajaj
330,000 vehicles during the year. In the value segment
the new Bajaj Discover 110cc that was launched in
December 2005 sold over 113,000 vehicles. To combat
the intense competition in the value segment and to set
new style benchmarks, a new bike the ‘BAJAJ
PLATINA’ was launched in April 2006.

D. ‘SEGMENT LEADER’ in the price segment. Bajaj CT

100 sold over ‘ONE MILLION’ vehicles in the current


year.

A. Motorcycle sales continue to outgrow the industry – 32%

growth v/s industry growth of 19%.

- 47 -
Market Research of Bajaj
B. Market share in Motorcycles improved from 28% in

2004- 05 to 31% in 2005-06.

C. 3-Wheeler sales for the year grew by 14%.

A. Bajaj Auto continues to be the ‘NUMBER ONE’ exporter

of 2&3-wheelers.

- 48 -
Market Research of Bajaj

B. Over 100,000, 2&3-wheelers sold in Sri Lanka. Market


leader in Central America accounting for over 50% of
motorcycles sold.

C. Joint Venture Company with majority equity holding to


be set-up in Indonesia in 2006.

D. Sales of Bajaj motorcycles in Iran expected to commence


from July 2006.

Product For May 2006


Motorcycles 196,120
Geared Scooters 618
Ungeared Scooters 1,307
Total 2 wheelers 198,045
Three Wheelers 24,029
Grand Total 222,074

- 49 -
Market Research of Bajaj

- 50 -
Market Research of Bajaj

B ajaj Auto has a wide network in the country. Bajaj Auto


have a more that one Show room in each city. And
dealers provide a vehicle to the customer as per its demand.
The company provide scheme to the dealers and dealers are
very much active to attract customers by providing more and
more scheme and benefits to the customers.

The “Bajaj Auto” has a network of 498 dealers and over


1,500 authorized service centers and 162 exclusive three-
wheeler dealers spread across the country. Around 1,400
rural outlets have been created in towns with population of
25,000 and below. The current dealer network is servicing
these outlets.

- 51 -
Market Research of Bajaj
Bajaj Auto is in the process of setting up a chain of retail
stores across the country exclusively for high-end, performance
bikes. These stores are called " Bajaj
Probiking". One such store has been opened in Pune.

As we conduct Market Analysis of Rajkot City, we just


provide dealers information of Rajkot city that are.

Name: Automotive Mfrs. Pvt Ltd


Address: GONDAL ROAD
Pin-360002
Phone No: (0281)2237808, 2231622-24
Mobile No: 9824006841
Contact Person: PRADIP R.KAMDAR,
C.N.ANJARIA,BR.MGR.
E-Mail: rjk@rjk.automotiveml.com
Fax: 2232933

Name: RAJARSHI BAJAJ


Address: GONDAL ROAD,NEAR MALAVIYA
COLLEGE
Phone No: (0281)2374496,2375730,2375731
Mobile No: 9826202235
Contact Person: MEHUL KOTHARI,VIPUL KOTHARI
E-Mail: rajarshiau@sancharnet.in

- 52 -
Market Research of Bajaj
Fax: 2372933

Name Suman Bajaj


Address S.J. Palace Near Gopalnagar,Dhebarbhai
Road
Pin-360002
Phone Nos (0281)2366060
Mobile Nos 9824111409
Contact Person MR. SURESH AJMERA
E-Mail sureshajmera@sancharnet.in

- 53 -
Market Research of Bajaj

- 54 -
Market Research of Bajaj

T he name “Automotive Mfrs Pvt Ltd” comes from south


part of the India. One south Indian group named
“Ashok” has choose the name “Automotive Manufactures Pvt
Ltd” into the 1960.

Earlier it was started into the Gujarat, Maharashtra and


Andhra Pradesh for its Service & Parts.

Automotive deals with two major companies like Bajaj Auto


and Ashok Layland. Baja Auto deals with two wheeler &
Three wheeler sector and Ashok Layland deals with Heavy
Vehicles.

Automotive Mfrs Pvt Ltd at Rajkot was also established in


1960 at the time of Automotive started in different states of
India. It was the First Show room of Bajaj in Saurashtra.

- 55 -
Market Research of Bajaj

O rganization structure is the pattern of relation ship


among various components or parts of the organization.
Since various persons hold the position, the organization
structure is the relationship among people of organization.
Organization of Automotive Mfrs Pvt Ltd is simple to
understand and can be studied looking at the chart shown
below.

EXICUTIVE DIRECTOR
(P.R. KAMDAR)

BRANCH MANAGER
(V.K.MAJETHIA)

SALES MGR WORK SHOP MGR SPM ADMIN


(K. ANJARIA) (T. NATHVANI) (H. PANDIA) HEAD
(D.M.PARMAR)

- 56 -
Market Research of Bajaj

SR. SALES
TEAM

In Automotive Mfrs Pvt Ltd there is a total 65 Persons


Staff and the Showroom and Service station time is
from 9 Am to 8 Pm.

OIL SHOP ENGINE PAINT ROOM


ROOM

P
A
R
K
I
N
G
W
A
I
T DELIEVERY CELL STOCK
I
N
G

JOB
C
A STOCK
R
D

SECURITY

- 57 -
Market Research of Bajaj

SHOWROOM &
OFFICES

GATE

A ll Show room has its separate service center, Here


“Automotive Mfrs.” Also have a latest service center
with all semi-automatic instruments. Company maintain a
unique and regular checking of each and every bike to increase
a satisfaction level of the customers.

Automotive Mfrs strictly watch and try to lesser the time of a


customer while they give bike in to service. Mostly Customer
in “Automotive Mfrs” when come to give his bikes in service,
the service procedure of Automotive is very less and smallest
so that customer will free within a 5 Minutes in Automotive.

Gate Entry

Receive by Service Advisor

- 58 -
Market Research of Bajaj

Job Card Entry (Opening)

Estimation of Exp .

This Procedure will take just only 5 Minute then after Service
of the Bike is done.

Service Procedure:

WASHING THE BIKE

C
H
E
MECHANICS / ENGINEER
C (BIKE WISE)
KI
N
G

SPARPART REQUICISION SPAREPART


SUPERVISOR (IF REQUIRED) DEPART.

C
H
E
FITTING OF SPARPARTS &
C COMPLETE FORTHER
KI PROCESS
N
G

TESTING ON
ROAD

IF NOT OK IF OK

DELIVERE TO THE
CUSTOMER

- 59 -
Market Research of Bajaj

A utomotive Mfrs Pvt Ltd Achieve several awards form


the Bajaj for their best performance in different
activity like Highest Sales etc.

“Automotive Mfrs” get several awards for their


“Highest Sales”. some of are listed below:

Awards Year
Highest Sales of Bajaj M-80. 1987
Highest Sales of Bajaj Sunny Moped 1988
Highest Sales of Bajaj 4S Champion in Single Day in all over 1988
India ( 125 Bikes In one Day)

- 60 -
Market Research of Bajaj

Selling Scheme :
Selling scheme is a Dealers Scheme that is useful to attract the
customer towards the showroom to purchase new bike. This all
selling scheme provided to the customer is within
Rs.2000. Such Selling Scheme are:

• RTO Free
• Insurance Free
• Petrol Free Up to some K.M or some Rupees.
• Reference Sales
• DSS (Door Sales Service)
• Exchange (It is a Major tool of Scheme/Conversion)

Selling of Show Room :


The Every showrooms goal is to increase the sales. The
“Automotive Mfrs” has a great sales of bike through

- 61 -
Market Research of Bajaj
providing different scheme, facility and services to the
customer. The Following figures are approximate:

• Daily 12 vehicles

• Monthly 300 Vehicles

• Yearly 3600 Vehicles.

- 62 -
Market Research of Bajaj

T he world market is derived from the Latin work


“MER – CATUS” which means to trade the American
marketing association defines a market as an aggregate demand
potential of buyer and sellers for a product or service. Thus, a
market is a group of buyers and sellers interested in no
agitating the terms of purchase and sale of goods and services.

Marketing management is defined as “ the analysis planning,


implementation and control of program design to bring about
desired exchanges with target markets for the purpose of
achieving organizational objectives.”

Many critical changes have occurred in consumer and business


market over the past decades. Now it has become necessary on
the part of management of companies to perform marketing
function in the company. “ Marketing is a social and
managerial process by which individual and groups product

- 63 -
Market Research of Bajaj
value with other.” From this definition we can say that
marketing includes activities such as planning of production of
goods and services, producing and transporting goods from
producer to consumer and meeting their needs. Now marketing
management is concerned with the activities of marketing. In
short, marketing management concerned with analyzing of
consumer need, preference, and then product planning and
control process to satisfy consumer’s need and preferences

M arketers use numerous tools to elicit desired responses


from
Marketing Mix.
their target market. These tools constitute

Marketing Mix is the set of marketing tools that a firm uses to


pursue marketing objective in target market.

McCarthy classified these tools into four broad groups that he


called the 4 P’s of Marketing. The four P’s represents the
seller’s view of marketing tools available for influencing
buyers. From buyers’ point of view, each marketing tool is
designed to deliver a customer benefit. Robert Lauterborn
suggested that the sellers’ four P’s correspond to the
customers’ 4 C’s.

Four P’s Four C’s

Product Customer solution

- 64 -
Market Research of Bajaj
Price Customer cost

Place Convenience

Promotion Communication

But now a day’s not only there is a four P’s of marketing but
there is total 8 P’s of marketing other four are as follows:

Four P’s

Positioning

Packing

Product portfolio mgt.

Pace

But Booms and Bitner suggested three additional P’s for


service Marketing.

Three P’s

People – Internal customer

Physical evidence

Process

- 65 -
Market Research of Bajaj

P romotion is fourth element of the marketing mix.


Basically promotion is an attempt to influence. More
specially, promotion is the element in an organization’s
marketing mix that serves to inform, persuade and remind the
market of a product and or the organization selling it, hopes of
influencing the receipts feeling, beliefs or behaviors. Here we
are going to discuss about the “Automotive Mfrs. Pvt Ltd”.

Promotion also Defined as : “ Marketing promotion is the


coordinated, self initiated effort to establish channels of
information & persuasion, to facilitate or fasten the sale of
goods and services and acceptance of ideas or point of view.”

SIX W’s OF PROMOTION

The six main constituents of promotion of the pillars on which


the promotion strategy rests are :

- 66 -
Market Research of Bajaj
1. Whom to promote?
2. Why to promote?
3. What to promote?
4. When to promote?
5. Which way to promote?
6. Where to promote?

Promotion Tools

• Advertising
• Personal selling
• Sales promotion
• publicity and public relations

Promotion Tools Used By


Company:

Various Advertising Medias that are used by


Automotive Mfrs.

1. Press Advertisement:
product specific focused In various magazines and
news papers e.g. the Rajkot branch advertises in
newspapers like Gujarat Samachar, Divya Bhaskar,
and other local newspaper, and evening news paper

- 67 -
Market Research of Bajaj

2. Hoardings
3. Glow signs
4. At the place of activities: loan mela’s, exhibitions
5. Hand – Leaflets
6. Pamphlet distribution on Road

Generally there is a Two Division of Advertisement

1. Regional Advertisement

• Ahmedabad

• Rajkot etc.

2. Corporate Advertisement

• Covers All over India

 If Bajaj Company wants to give advertisement of its


company or it’s brand then the advertisement is focused to
all over India and given on Television, Radio, National and
international Magazine & News Paper that is called
Corporate Advertisement.

- 68 -
Market Research of Bajaj
 But if company wants to just advertise in only Gujarat
State then it is called Regional Advertisement that is
published from Ahmedabad office in a news paper like
Business Standard, Times of India and in State Magazine.

 But if the Dealer wants to focus only Rajkot city


then the Advertisement is given by any local dealers in a
local newspaper.

T he Main Heart of any company is its marketing activity,


through marketing company give awareness to the
market and can attract customer to purchase their product.

In “Automotive Mfrs Pvt Ltd” the Manager prepare Monthly


Planning at the beginning of month for selling of vehicle. And
manager gives the target to its sales team, and all the member
of sales team try to achieve given target.

The company daily updates the chart of the selling of each


member of sales team. And at the end of month they compare
with the Monthly Planning and evaluate the performance of its
sales team.

- 69 -
Market Research of Bajaj
This process is continuing through out year and at the end of
year company make analysis for finding the performance of the
staff and selling of the dealers.

- 70 -
Market Research of Bajaj

I n past time, there was no importance of personnel


management In Indian industries. But at present, however
personnel management is treated as an important and decisive
function of management.

Management means getting things and workman through other


people. We can term personnel management in following
words.

Personnel management is that part of management progress


which is primarily concerned with the human constitution of an
organization. It is rightly said, “ manage you men, men will

- 71 -
Market Research of Bajaj
manage your all work.” A man is the heart of the unit and make
organization living.

The department has to obtain and maintain the efficient


workers to achieve profitability of the firm and get man for
right job, at right time and right place. Lawrence A. apply
therefore wrote, “Management is the development of people
and not the direction of things.”

P ersonnel Management has gained and important study


in modern industrial organization. The existence of
personnel department or a personnel manager is a must. The
organization structure of the personnel department in any
organization differs according to the need and size of
enterprise

- 72 -
Market Research of Bajaj

M anpower planning ( MPP ) and “ Human resource


planning ” ( HRP ) are used synonymously. In the old
times the manpower planning was widely used term but the
emphasis now is on human resource planning, which is more
broad based term. Human resources or manpower planning is
“the process by which a management determines how an
organization should move from its current man power position
to its desired position.”

Human resources planning are “ A process of forecasting,


developing and controlling human resources in an enterprise.
This process help the enterprise to ensure that it has the right
number of people and the right kind of people, at the right

- 73 -
Market Research of Bajaj
place, at the right time performing tasks for which they are
most effective.”

HR Management is the process by which an organization can


ensure that it has the right number and right type of people at
right place, at the right time. Capable of effectively and
efficiently finishing the tasks, which can assist organization to
attain its overall objectives. Human resource planning, the
converts of workers needed to achieve such objectives. If there
is no clear cut planning, estimation of human resource need of
the organization is reduced merely to guesswork.

R ecruitment is the process of searching for prospective


employees and stimulating them to apply for jobs in the
organization.”

Before an organization activity being recruiting applicants, it


should consider the most likely sources of the type of
employee it needs. Some companies try to develop new
sources. While most only try to tackle the existing source they
have. These sources accordingly may be termed as internal and
external.

The “Automotive Mfrs Pvt Ltd” currently has a 65 Personas


staff. And if it requires more staff then company looks first to

- 74 -
Market Research of Bajaj
its internal source and if a qualified person is found than he
will be requited on Company Payroll

If suitable person for a particular job is not found from


Internal source then company will try to get a employee from
External Sources.

There is a Four Types of Employee Require to the


“Automotive Mfrs Pvt Ltd” for their Showroom and service
station.

1. Management Person
2. Sales & Trainee Person
3. Engineer
4. Worker etc.

Recruitment Sources:

For Recruitment of the employ company uses different sources


Like:

- 75 -
Market Research of Bajaj
1. Company contact Consultancy service for recruit
Management Level Person.
2. Company give advertisement in newspaper for recruit

Engineer, Sales & Trainee Person.


3. Some time “Automotive” recruit person from Industry
or Other Show Room by giving more attractive salary.

A fter recruitment, selection procedure is made selection


is the process of selecting the right person for a right
job at right time from recruited persons. The process for
selection is first, the application of the candidate are sent to
the concerned department which contains name, age, birth date,
education, address, family information etc. and then for
selection. There is a candidate interview is taken. They will be
either selected or rejected then, training is provided to them.

Selection Process at Automotive Mfrs Pvt Ltd :

1. INTERVIEW : -

- 76 -
Market Research of Bajaj
After collecting application from applicant, analysis
is being started because of suitable candidates are
found by the reservation of the application then they
called for interview.

2. REFERENCE CHECKING : -

In application form, candidate is required to give


name and address of two references.

3. FINAL SELECTION : -

The candidate which is more suitable and meeting


with the recruitment for the post vacant that
candidate is finally selected.

Training :

After the employee has been selected, placed and induced, he


must next be trained. Training is the organized procedure by
which people acquire knowledge and skill for a definite
purpose. It is the act of increasing the knowledge and skill of a
workers for doing a certain job no business has choice of
whether to train or not, but the only choice is the method of
training at present training of worker is necessary because
many jobs have assured a highly technological character and
under automation. We require highly skilled operations.

- 77 -
Market Research of Bajaj

“Training is an art of increasing the skill of a worker for doing


work more effectively.”

In “Automotive” the training is given to newly recruited


person in Bajaj Auto in different cities Service station. The
company gives training as per their job at different city like:

• PUNE: Technical Training

• AHMEDABAD: Marketing Training.

Training Period:

In “Automotive Mfrs Pvt Ltd” under Bajaj Auto, the


Training Period is limited as per the requirement of job or a
person. Generally Training Period is:

• Basic Training - 3 Days


• Expert Training - 6 Days

The training is helpful for increase productivity, improve


quality, improve organization climate, improve health and
safety etc.

- 78 -
Market Research of Bajaj

I t is evaluation or appraisal of relative worth to the


company of a msn’s services on his job.

Organization is established to achieve certain objectives.


Achievement of goals and target depends upon to performance
of individual employees. Hence, it is a quite necessary to
understand as to what extent employees have been successful at
their jobs for achievement of their goals. Thus, performance
appraisal is an important part of personnel management.

Thus, performance appraisal is a very important part of


personnel management. Thus, "Automotive Mfrs Pvt Ltd" is
managing this department carefully and in effective manner.

- 79 -
Market Research of Bajaj

Method of Performance Appraisal at Automotive :

1. Straight ranking method for sales of vehicle


Graphic rating scales
2. Group appraisal

In Automotive Mfrs Pvt. Ltd. It measure performance


appraisal by comparing the record like skill, ability, discipline,
attendance and regularity of the employees and selling of
vehicle. The concerned Sales Manager checks out such
performance.

T he human resource is so much important because it is the


asset of company has good staff of employees than it can
get the competitive edge. Employee will work hard only when
the employee are treated properly and taken care by the
management. The employee has the feeling, so organization
should consider their feeling and do well thing for them. If
organization try to do well thing for the employee they will
feel that organization care of them and they will work with full
enthuse. That is why the employee welfare program is
developed. Employee welfare means doing well for the
workers.

- 80 -
Market Research of Bajaj
The following is the activities that are undertaken by the
“Automotive Mfrs Pvt Ltd” For the welfare of the employees:

 Safety and cleanliness of work place


 Employee can get Incentive after 1 Year. After monitoring
his performance chart.

 Provided Fund, E.S.I etc.


 Providing Insurance to its Staff.
 Provision for rest hours, mealtime and breaks.
 Worker safety measurement like proper machinery
maintenance, proving safety equipment.

Promotion:
“ Promotion involves a change from one job to another that is
better in term of status and responsibilities.”

Promotion is given to a person when the work of any employee


comes at satisfactory level at that time. The person has been
get higher job then the existing job with the increasing
responsibilities and more wages is to be given employees get
motivation when he is promoted for higher job.

- 81 -
Market Research of Bajaj

The "Automotive Mfrs Pvt Ltd." is private limited firm so


that its given the promotion to their employees as per his
agreement and the performance of any employees if found to
be satisfied than and than. For this Promotion Company
Measure Performance of each and every employee with the
help of monthly sales chart and company regularly update this
chart and at the end of year Performance of employee is
analyse.

Transfer:

Transfer is a “largest shift causing movement of individuals


from one position to another usually without involving any
marked change in duties, responsibilities and skills needed for
compensation.”

This transfer is process of employee’s adjustment with the


work time and place. A transfer is horizontal or lateral
management of an employee from one job selection
department, shift, plant or position to another at the same or

- 82 -
Market Research of Bajaj
another place where his salary status and the responsibilities
are the same it generally done not involves a promotion,
demotion or change in the job status.

The “Automotive Mfrs Pvt Ltd” gives transfer to its


employee on the request. It means if any person who has a
some personal or any other problem and if he request for
transferring him to particular city’s service station then
company can give transfer him to other Bajaj Auto’s showroom
or service Center. This transfer facility can help in improving
the satisfaction level of its employee.

- 83 -
Market Research of Bajaj

DATA COLLECTION:

While making an analysis, Primary data represents a true and


correct picture of subject to be studied as compared to the
secondary data, which is second hand & has become obsolete.
So to know about the current situation of the market and actual
facts, collection and analysis of primary data is of significance.
We have presented the “Research findings on the basis of
Primary Data” collected through a survey conducted with the
help of questionnaires of customers of Rajkot City.

- 84 -
Market Research of Bajaj
There are two researches which we conduct,

1. Service Satisfaction of Automotive Mfrs Pvt Ltd.

2. Customer Perception Compared to Hero Honda

Splendor.

RESEARCH PURPOSE:

We have a different purpose for making market research for


Both project of Bajaj Auto. As we say we select Two Market
Research Project, we have a specific purpose for both project
which is as below.

• In First project, Our Purpose for making a research is to


find the Customer Perception for purchasing a Vehicle.
Generally we take a perception for purchasing Bajaj
Vehicle. Some people believe and purchase only Hero
Honda Splendor and we want to know those customers

- 85 -
Market Research of Bajaj
who purchase Splendor and why not purchase Bajaj’s
Vehicle .

• In other project, we make market research for Service


Satisfaction of Bajaj’s Customer. The company give
this project to know the satisfaction level of customer
form Service which is provided by “Automotive Mfrs
Pvt Ltd” the Dealer of Bajaj Auto.

SAMPLE SIZE:

We collect several sample for both Market Research.


Total 134 outlets were surveyed for both project.

• 82 outlets were surveyed for the project of


Service Satisfaction of customers from
“Automotive Mfrs” after purchasing Vehicle.

• 52 outlets were surveyed for the project of


Customer Perception for Purchasing Vehicle.

- 86 -
Market Research of Bajaj

LIMITATION OF THE PROJECT:

 The market survey was limited to area of Rajkot city.

 Time constraint

 In such cases respondents were not able to give all

information in such cases as much as possible information

was taken.

 We can’t meet each and every user because of Human

Limitations and other problems so we select some sample.

SCOPE OF STUDY:

1. To get Feedback from customer.

2. For Identification of Problem in service of Automotive

3. Customer Perception, that why they Purchasing Hero

Honda Splendor

4. Lacking things In Bajaj’s Vehicle that the users of

Splendor why not purchase Bajaj Auto’s Vehicle.

5. Company also wants the Suggestion for improvement

from users of Bajaj Vehicle.

- 87 -
Market Research of Bajaj

- 88 -
Market Research of Bajaj

We Collect Data of 82 Vehicles for Market Research of


Bajaj Dealer Service.

Q-1 From Where Customer Purchase Vehicle?


No. of Vehicle

46Dealer No.
No. of Vehicle
of Vehicle
50 Automotive 46
35
Rajarshi 35
40
Other 1
30

20

10 1

- 89 -
0
Automotive Rajshri Other
Market Research of Bajaj

Q-2 Where you service your vehicle?

No. of Vehicle

Automotive 49

Rajarshi 24

Other 9

Other, 9,
11%

Rajshri, 24,
29% Automotive,
49, 60%

- 90 -
Market Research of Bajaj

Q-3 Time taken at service station to understand Vehicle


Problem is Appropriate?

Yes No Total
Automotive 42 7 49
Rajarshi 19 5 24
Other 7 2 9
Total 68 14 82

No
42 5
Yes
19 2
7
- 91 -
Automotive Rajshri Other
Market Research of Bajaj

Q-4 Have they Understand Service Problem Properly?

Yes No Total
Automotive 41 8 49
Rajarshi 20 4 24
Other 9 0 9
Total 70 12 82
45 41
40
35
30
25 Yes
20
20 No
15
10 8 9
4
5
0
0 - 92 -
Automotive Rajshri Other
Market Research of Bajaj

Q-5 Have Customer Get Expense Detail of Service in


Advance?

Yes No Total

Automotive 36 13 49

Rajarshi 18 6 24

Other 5 4 9

Total 59 23 82
36
40
35
30
25 18 Yes
20 13 No
15
10 6 5 4
5
0 - 93 -
Automotive Rajshri Other
Market Research of Bajaj

Q-6 After Completion of Service have they give


Information about what they do in service?

Yes No Total
Automotive 39 10 49
Rajarshi 19 5 24
Other 9 0 9
Total 67 15 82
39
40
35
30 Yes
25 19 No
20
15 10 9
10 5
5 0
0 - 94 -
Automotive Rajshri Other
Market Research of Bajaj

Q-7 Behaviors of Automotive’s Staff is proper or not?

Yes No Total
Automotive 39 10 49
Rajarshi 19 5 24
Other 9 0 9
Total 67 15 82

40 39

30

20 19 Yes
10 9 No
10
5
0
0
Automotive Rajshri Other
- 95 -
Market Research of Bajaj

Q-8 Given Problem is Solved by the Engineers or not?

Yes No Total
Automotive 33 16 49
Rajarshi 13 11 24
Other 8 1 9
Total 54 28 82

35 33
30
25
20
16 Yes
15 13
11 No
10 8
5
1
0
Automotive Rajshri Other
- 96 -
Market Research of Bajaj

Q-9 Have you Got delivery of vehicle in time after giving


it in service?

Yes No Total
Automotive 41 8 49
Rajarshi 21 3 24
Other 7 2 9
Total 69 13 82

50
41
40
30 Yes
21
20 No
8 7
10 3 2
0 - 97 -
Automotive Rajshri Other
Market Research of Bajaj

Q-10 The customer Satisfied with Service or not?

Yes No Total
Automotive 34 15 49
Rajarshi 14 10 24
35 34 Other 6 3 9
30 Total 54 28 82
25
20
15 Yes
15 14
10
10 No
6
5 3
0 - 98 -
Automotive Rajshri Other
Market Research of Bajaj

Q-11 If Customer Serviced at both place then where you


got more satisfaction?

Service Station Satisfied Person

Automotive Satisfied
5 Person
Rajarshi 3
Rajshri, 3
Total 8

Automotive,
5

Automotive Rajshri

- 99 -
Market Research of Bajaj

- 100 -
Market Research of Bajaj

Introduction

In Customer Perception as compared to Hero Honda


Splendor, we make research for Bajaj Auto for to know what
are the lacking things in Bajaj’s Vehicle that Some people Go
only for Hero Honda Splendor. For analysis of this research,
we collect 52 sample of Hero Honda Splendor’s Owner.

This Research is very much important because right now as per


today’s situation, Bajaj cover the large market then other
company. Hero Honda Splendor is No 1 from many years. But

- 101 -
Market Research of Bajaj
right now the Bajaj’s selling is higher than Hero Honda so
the company wants to know that why some people purchase
only splendor and what are their perception for splendor. And
also wants to know their future vehicle and also wants analyse
that the customer of Hero Honda Splendor is Satisfied with this
vehicle or not and why?

Q-1 With Whom Reference Customer Purchase Honda


Splendor?

Reason No.
Advertisement 3
Self 37
Persons Reference 7
37
Other 5
71%
Total 52

7
3 5 13%
6% - 102 -
10%
Advertisement Self Persons Reference Other
Market Research of Bajaj

Q-2 Reasons of Satisfaction of Hero Honda Splendor.

Reason No.
Avg 47
Style 22
Less Maint, Pick Up Other, 2, 1% 31 Avg, 47,
46, 26% Look 26 27%

Less Maintenance 46
Other 2

Style, 22,
Look, 26,
15% 13%
Pick Up, 31,
- 10318%
-
Avg Style Pick Up Look Less Maintainance Other
Market Research of Bajaj

Q-3 Customer Honda Splendor are Satisfied with Service.

No. of
Satisfaton servey
Yes 39
No 13
Total No. of servey 52
No, 13,
25%

Yes, 39,
- 104 - 75%
Yes No
Market Research of Bajaj

Q-4 Have Customer collected Information about any other


Vehicle while purchasing Honda Splendor?

Company No.
Bajaj 14
Yamaha No. 4
Tvs 3
30, 57%
Honda 1
No Think 30
Total 52

14, 27%

1, 2% 3, 6% 4, 8%
- 105 -
105
Bajaj Yamaha Tvs Honda No Think
Market Research of Bajaj

Q-5 In future, which vehicle Customer would like to


Purchase?

Company No. of Cust


Bajaj 27
Yamaha 2
27, 40%
Tvs 4
31, 47%
Honda (HMSI) 3
Hero Honda 31

2, 3%
3, 4%
4, 6%
Bajaj Yamaha Tvs Honda (HMSI) Hero Honda
- 106 -
Market Research of Bajaj

Q-6 If Customer use Both Bajaj & Splendor, Which Vehicle


is better?

Company No. of Cust


Bajaj 4
Hero Honda 6
No. of Cust

Bajaj, 4,
40%
Hero
Honda, 6,
60%
- 107 -
Bajaj Hero Honda
Market Research of Bajaj

- 108 -
Market Research of Bajaj

Service Satisfaction of Bajaj


Dealer’s
• We conduct 82 sample for know the customer service
satisfaction of “Automotive Mfrs Pvt Ltd”
• Form this 82 sample, 49 sample is of Automotive, 24
sample of Rajarshi and 9 other Bajaj’s Dealer in Rajkot
• 71% customer are Satisfied with Automotive’s Service
and 29% are not satisfied due to some reasons.

- 109 -
Market Research of Bajaj
• Automotive save the time of customer by taking lesser
time while they come for servicing their vehicle. And
also engineer understand customers problem properly.
• Automotive gives expense detail advance so most of
customer are satisfied with the expense detail.
• Service satisfaction of automotive customer is higher than
other dealers service.
• If some customer make service on both Rajarshi and
Automotive then the customer prefer Automotive More
because Automotive give qualitative service so that
customer satisfaction from automotive is higher.
• Some customer face the problem like Automotive’s staff
not behaves well with customer. And some time customer
not takes delivery of his vehicle on time.

Customer Perception

We conduct a research to know the customer perception that


why the users of Splendor use this bike and what are the
lacking things in Bajaj that some customer uses a Splendor.

Customer Perception for Using Splendor

• Less Maintenance, Good Look, Style and Pickup

- 110 -
Market Research of Bajaj
• Easy to Ride and Comfortable bike
• Rough & Tough Bike
• Worlds No-1 Bike from Many Years
• Most Popular Vehicle among youths
• Good Market Demand from many years
• Resell Price Is higher than other Vehicle.
• Customer Feels that If there is a splendor then no other
problem can take place for many years.
• Less Weight & Less Price.
• Sophisticated Bike
• Setting is So comfortable that it is most preferable in
long run.
• Good Balancing
• Parts are easily available at cheaper rate.

This two research can help Bajaj and also it’s dealers to know
what are the improvement they need in bike and also in a
service after selling of vehicle.

- 111 -
Market Research of Bajaj

T he Suggestions that are given by Customers and we


give suggestions as a market researcher for Improving in
a service. Because after selling of a vehicle customer may has
some of the problem and customer come for solve their
problem through service and company should try to give proper
service to satisfy customer by solving their problem. The
suggestions are as followed:

- 112 -
Market Research of Bajaj
• Company should take less time for service the vehicle.

• Company takes Higher Charges for Pay Service. This


should be reduce.

• Company should facilitate a Scheme for servicing Old


Vehicles so that all the customer service their vehicle at
company’s service station.

• Dealers should improve staff behavior. Some time it


create trouble for customers.

• Price of spare parts should be lesser than market price.

• Some time Vehicles problem is not solved so company try


to concentrate on solving a problem and also see that this
type of problem should not arise in future.

• Sometimes they only wash the vehicles. This should not


happen in future otherwise company can loose the
customer.

• All parts should be available at service station. Because


sometime customer face the problem that parts are not
available.

- 113 -
Market Research of Bajaj
• Only one person should take the responsibility to check
the vehicles problem and also to solve the problem

MAGAZINES:

• Business Today
• India Today
• Business World

NEWSPAPERS:

- 114 -
Market Research of Bajaj
• Economic Times
• Business Standard

WEBSITES:

• www.autowebindia.com
• www.indiainfoline.com
• www.bajajauto.com
• www.domain-b.com
• www.bharattraders.com
• www.fadaweb.com
• Various Search Engines

ANNUAL REPORTS:

• Bajaj Auto Ltd.

- 115 -

Вам также может понравиться