Summer Internship
Summer Internship
Summer Internship
DEVSTHALI VIDYAPEETH
Lalpur, Kiccha Road, Rudrapur (U.S. Nagar) Uttarakhand 263148
Affiliated to
KUMAUN UNIVERSITY, NAINITAL
ACKNOWLEDGEMENT
"Acknowledgement is an art, one can write glib stanzas without
Meaning a word, on the other hand one can make a simple
Expression of gratitude"
Industrial training is an integral part of any BBA program and for that purposes
I had joined a company name Tata Motors ltd.
I take the opportunity to express my gratitude to all of them who in
Some or other way helped me to accomplish this challenging project.
No amount of written expression is sufficient to show my deepest
Sense of gratitude to them.
I am extremely thankful and pay my gratitude to Miss. Kavita Goswami for her
Valuable guidance and support on completion of this project in it’s presently.
At last but not least gratitude goes to all of my friends who directly
Or indirectly helped me to complete this project report.
Date:-
SATVEER SINGH
Our institution has come forward with the opportunity to bridge the gap
by imparting modern scientific management principle underlying the
concept of the future prospective managers.
Chapter-1
Introduction
• Scope
• Limitation
• Objective of study
Chapter-2
1- Company profile
Tata Motots Ltd.
Industry Outlook
History Of Tata Motors
Chapter-3
2- Topic Profile
Customer Satisfaction Measurement Process
Chapter-4
Research Methodology
Chapter-5
• Data Interpretation
Chapter-6
• Findings
Conclusion
• Bibliography
• Questionnaire
CHAPTER-1
INTRODUCTION
INTRODUCTION OF ARIA CARS
Tata motors Itd. (NSE: TATA MOTORS, BSE: 500570, NYSE: TTM) is
a Multinational corporation company, headquarters in
Mumbai, Maharashtra,
Wrap-around dual barrelled headlamps that enhance the signature Toto grille.
The company's 24,000 employees are guided by the vision to be "best in the
manner in which we operate best in the products we deliver and best in our
value system and ethics."
Established in 1945, Tata Motors' presence indeed cuts across the length and
breadth of India. Over 5.9 million Tata vehicles ply on Indian roads, since the
first rolled out in 1954. The company's manufacturing base in India is spread
across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar
Pradesh), Pantnagar (Uttarakhand) and Dharwad (Karnataka). Following a
strategic alliance with Fiat in 2005, it has set up an industrial joint venture with
Fiat Group Automobiles at Ranjangaon (Maharashtra) to produce both Fiat and
Tata cars and Fiat power trains. The company is establishing a new plant at
Sanand (Gujarat). The company's dealership, sales, services and spare parts
network comprises over 3500 touch points; Tata Motors also distributes and
markets Fiat branded cars in India.
The foundation of the company's growth over the last 50 years is a deep
understanding of economic stimuli and customer needs, and the ability to
translate them into customer-desired offerings through leading edge R&D.
With over 3,000 engineers and scientists, the company's Engineering Research
Centre, established in 1966, has enabled pioneering technologies and
products.
The company today has R&D centres in Pune, Jamshedpur, Lucknow, Dharwad
in India, and in South Korea, Spain, and the UK. It was Tata Motors, which
developed the first indigenously developed Light Commercial Vehicle, India's
first Sports Utility Vehicle and, in 1998, the Tata Indica, India's first fully
indigenous passenger car.
Within two years of launch, Tata Indica became India's largest selling car in its
segment. In 2005, Tata Motors created a new segment by launching the Tata
Ace, India's first indigenously developed mini-truck.
In January 2008, Tata Motors unveiled its People's Car, the Tata Nano, which
India and the world have been looking forward to. The Tata Nano has been
subsequently launched, as planned, in India in March 2009. A development,
which signifies a first for the global automobile industry, the Nano brings the
comfort and safety of a car within the reach of thousands of families. The
standard version has been priced at Rs.100,000 (excluding VAT and
transportation cost).
The Group's major companies are beginning to be counted globally. Tata Steel
became the sixth largest steel maker in the world after it acquired Corus. Tata
Motors is among the top five commercial vehicle manufacturers in the world
and has recently acquired Jaguar and Land Rover.
TCS is a leading global software company, with delivery centres in the US, UK,
Hungary, Brazil, Uruguay and China, besides India. Tata Tea is the second
largest branded tea company in the world, through its UK-based subsidiary
Tetley. Tatar Chemicals is the world's second largest manufacturer of soda ash.
Founded by Jamsetji Tata in 1868, the Tata Group's early years were inspired
by the spirit of nationalism. The Group pioneered several industries of national
importance in India: steel, power, hospitality and airlines.
In more recent times, the Tata Group's pioneering spirit has been showcased
by companies like Tata Consultancy Services, India's first software company,
which pioneered the international delivery model, and Tata Motors, which
made India's first indigenously developed car, the Indica, in 1998 and recently
unveiled the world's lowest-cost car, the Tata Nano, for commercial launch by
end of 2008.
The Tata Group has always believed in returning wealth to the society it
serves.
Two thirds of the equity of Tata Sons, the Tata Group's promoter company, is
held by philanthropic trusts which have created. National institutions in
science and technology, medical research, social studies and the performing
arts.
The trusts also provide aid and assistance to NGOs in the areas of education,
healthcare and livelihoods.
The Group aims to build a series of world class, world scale businesses in select
sectors.
Anchored in India and wedded to its traditional values and strong ethics, the
Group is building a multinational business which will achieve growth through
excellence and innovation, while balancing the interests of its shareholders, its
employees and wider society.
TATA MOTORS LIMITED
They are offering one ordinary share valued at Rs. 340 every six shares
expecting to net Rs. 2.90 Crores, the so called "A" share would have different
voting and dividend rights, for every such 6 shares held at a face value of 305
would raise Rs. 1.960 Crores, these proceed would be utilized for an early
repayment of the short
term funding of 2.3 Billion $ (Rs. 10,189 Crores) Borrowed for Acquisition of
jaguar and Land Rover from their principle "The Ford Motor Company's".
It is also in talks with private equity funds to offload 25% of stake in each of
the following 6 unlisted group units, they are Tata Daewoo commercial vehicle
company, HV transmissions, Tata motors finance, Tata technologies and TELCO
construction equipment, the sales of the stakes would possible conclude by
June 2009, helping it to raise further funds for this acquisition, earlier in July it
sold 24% stake in an Auto component unit to a group firm and booked a profit
of Rs. 110 crores, it also sold 10 million shares or 1.36% of Tata steel for RS.
486 crores to Tata Sons, the holding company of whole Tata group firms.
Taken in March 2008" (Tata Motors Profile) It took a 15 month bridge loan of 3
billion in March from a consortium of banks to finance the JLR accusation and
its expansion plans Since the rights issue was announced on 28th may its share
value has fallen more than 30% and fell by 1.82% to Rs. 429.85 on BSE, even
though the bench mark index gained 3.8% to end at 15, 049.86 points.
The Analysts say that, this is a strategic move taken by Tata Motors because it
is allowing the company to make a lot of profit even when the market is in the
financial pressure allows Tata sons to raise its wager in group companies.
If the company will follow the above mentioned trends then possibly
it can raise its finances in a low liquidity and high interest rate set-up.
INDUSTRY OUTLOOK
The Indian Automobile Industry enjoys the advantage of low cost base, high
skilled labour, strong ancillary network coupled with Government's support by
way of concessional excise duty of 16% for small cars, ban on overloading and
also significant investments proposed for removing infrastructure bottlenecks.
The CV industry is directly related to the economic growth and development.
The growth in demand for CVS is directly related to the IIP index and any
upsurge in economic activities will call for more cargo movement in the
economy.
The domestic CV market grew at a CAGR of 26.7% during the last 6 years. In
FY07, the CV segment registered a growth of 32.2% due to Supreme Court's
ban on over loading trucks.
However, we believe that this is a one-time demand and the CV segment may
not witness such kind of growth repeatedly. There is a regulation that restricts
the movement of vehicles above certain age (15 years in National Capital
Region and 8 years in Mumbai).
Though the rule is not being followed strictly at present, in future if this rule is
implemented strictly it will result in huge replacement demand.
The CV industry witnessed a change in demand dynamics in last few years. The
demand for LCVs in the <=3.5 tonnes segment is rising at the cost of demand
in 5 to 7.5 tonnes category, while
demand in 7.5 to 12 tonnes segment and 16.2 to 25 tonnes segment is
booming at the cost of demand in 12 to 16.2 tonnes segment. Demand for
trailers of >35.2 tonnes is witnessing a surge while demand for semi-trailers in
26.4 to 35.2 tonnes segment is suffering.
This structural shift in demand dynamics is due to the evolution of Hub &
Spoke model of distribution, which is now adopted by transportation players
because of improved road infrastructure and also the ban on trucks in many
cities by the authorities to tackle the traffic congestion issues. According to the
Hub & Spoke model, HCVS plying over the highways to transport goods to
different states and districts.
HISTORY OF TATA MOTORS
Tata Motors is a part of the Tata and Sons Group, founded by Jamshedji
Nussarwanji Tata and J. Baker. The company was established in 1945 as a
locomotive manufacturing unit and later expanded its operations to
commercial vehicle sector in 1954 after forming a joint venture with Daimler-
Benz AG of Germany.
The First Generation TATA Indica
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 thelaunch of three more vehicles, Tata Estate (1992, a stationwagon
design based on the earlier
'Tata Mobile' (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. A newer version of the car,
named Indica V2, was a major improvement over the previous version and
quickly became a mass-favourite. A badge engineered version of the car was
sold in the United Kingdom as the Rover City Rover.
Tata Motors also successfully exported large quantities of the car to South
Africa. The success of Indica in many ways marked the rise of Tata Motors.
TATA BRADS
DAEWOO ACQUISITION
Tata Novus is one of the bestselling commercial trucks in South Korea. With
the success of Tata Indica, Tata Motors aimed to increase its presence
worldwide. In 2004, it acquired the Daewoo Commercial Vehicle Company of
South Korea. The reasons behind the acquisition were:
HISPANO CARROCERA
Hispano Divo at the 2008 FIAA in Madrid In 2005, sensing the huge
opportunity in the fully built bus segment, Tata Motors became
acquired 21% stake in Hispano Carrocera SA, Aragonese bus
manufacturing company giving itcontrolling rights of the company.
JAGUAR CARS AND LAND ROVER
After the acquisition of British Jaguar Land Rover (JLR) business, which
also includes the Rover, Daimler and Lanchester brand names Tata
Motors became a major player in the international automobile market.
TRANSPORT In 2005, sensing the huge opportunity in the fully built bus
segment, Tata Motors acquired 21% stake in Hispano Carrocera SA,
Aragonese bus manufacturing company and introduced its high end
inter-city buses in the country.
Tata Motors has also formed a 51:49 joint venture with Marcopolo S.A,
a Brazil-based global leader, lead by Brian Behrle, in bus body building.
This joint venture is to manufacture and assemble fully-built buses and
coaches targeted at developing mass rapid transportation systems.
The joint venture will absorb technology and expertise in chassis and
aggregates from Tata Motors, and Marco polo will provide know-how in
processes and systems for bodybuilding and bus body design.
TATA ACE WAS INDIA'S FIRST MINI TRUCK
Tata Ace, India's first indigenously developed sub-one ton mini- truck was
launched in May 2005. The mini-truck was a huge success in India with auto-
analysts claiming that Ace had changed the dynamics of the light commercial
vehicle (LCV) market in the country by creating a new market segment termed
the small commercial vehicle (SCV) segment.
Ace rapidly emerged as the first choice for transporters and single truck
owners for city and rural transport. By October 2005, LCV sales of Tata Motors
had grown by 36.6 percent to 28,537 units due to the rising demand for Ace.
The Ace was built with a load body produced by Autoline Industries. By
2005; Autoline was producing 300 load bodies per day for Tata Motors. Ace is
still one of the number makers for TML, TML sold the 2,00,000th Ace in August
2008, within 4 years since its introduction.
Tata Ace has also been exported to several European, South American and
African countries. Electric-versions of Tata Ace are sold through Chrysler's
Global Electric Motorcars division.
In 2007
In 2007, Tata Motors launched several concept models and future designs of
existing models. It also formed joint ventures with various local companies in
several countries to assemble Tata cars. Tata Motors launched a re-designed
version of Tata Xenon TL during Motor Show Bologna which would be
assembled in Thailand and Argentina. A pick-up variant of Tata Sumo was also
launched under the program 'Global Pick-Up'. The company plans to launch
the new pick-up model in India, Southeast Asia, Europe, South Africa, Turkey
and Saudi Arabia.
Tata Motors also unveiled newer model of Tata Indigo and Tata Elegante
concept-car during the Geneva Auto Show.
Tata Motors also formed a joint venture with Fiat and gained access to Fiat's
diesel engine technology. Tata Motors is looking to extend its relationship with
Fiat and Iveco to other segments like the 'Global Pick-Up' program. The launch
of the 'Global Pick-Up' will mark the entry of the company into developed
markets like Europe and the United States. The project was initially
collaboration between Tata Motors and its subsidiary Tata Daewoo
Commercial
Vehicles, but later Tata Motors decided to work with Iveco as Daewoo's design
was not in syne with the needs of sophisticated European customers. The
company has formed a joint venture with Thailand's Thonburi Company, an
independent auto assembler, in which Tata Motors will hold a 70% stake.
CHAPTER-3
TOPIC PROFILE
• Key Driver Analysis - This method quantifies the relationship between 1) the
key drivers and satisfaction and 2) satisfaction and a business outcome. This
analysis suggests where to allocate resources to get the best return on
investments.
Structural Equation Modeling - Thus is a sophisticated structural model
development process that takes into account, and quantifies, the interplay
of attributes on one another in driving or influencing the satisfaction of
customers
CHAPTER-4
RESEARCH METHODOLOGY
Research in common parlance refers to a search for knowledge. Once can also
define research as a scientific and systematic search for pertinent information
on a specific topic. In fact, research is an art of scientific investigation.
Meaning of research as "a careful investigation or inquiry especially through
search for new facts in any branch of knowledge. This inquisitiveness is the
mother of all knowledge and the method, which man employs for obtaining
the knowledge of whatever the unknown, can be termed as research.
Research is an academic activity and as such the term should be used in a
technical sense.
a) Primary objective
b) Secondary objective
RESEARCH DESIGN:-
To achieve the objectives both primary and secondary sources of data has
used for this study.
For the purpose of getting the secondary data 1 gathered through. past
records, various magazines and newspapers, annual reports of TATA MOTORS
and from various websites.
CHAPTER-5
DATA ANALYSIS & INTERPRETATION
Q;1. While a pick-up in its PC volumes is evident, operating leverage and cost
saving initiatives will improve margins. On an average more than 73% people
feel that the prices are affordable whereas 12% do not agree, 74% believe that
attractive discounts are offered whereas 26% are not satisfied with the
discounts offered. 20% said that the test drives are not offered and 15% said
that post sales follow ups are not done regularly whereas 85% said that they
were done regularly but people feel that it is the people's car as it is
satisfactory on all other parameters: knowledgeable sales persons, employees
spent enough time before and during sales, display of merchandise is
attractive, availability of product, variety of merchandize, vehicle in good
condition, prices are affordable, attractive discounts are offered, décor of the
waiting area is pleasing, responds to complaints quickly, service at TATA
Motors service station is excellent, careful with personal information and is
value for money. The overall opinion about TATA Motors is very good.
Q;2.A detailed analysis of the company shows that the company has had a
strong fundamental as well as a strong market performance over the years.
Given the economic and the industry environment (improving outlook for the
PC industry) TATA Motors would be a key beneficiary
Gender Wise:-
Q:3. On an average 63% male customers & 9% female customers are satisfied,
That mean total 72% customers are get full level satisfied, and 15% male
customers & 4% female customers are not satisfied, That is total no of
unsatisfied customers 19%, and 8% male customers & 1% female customers
are not decided.
Age Wise:-
Responder Satisfied (%) Unsatisfied (%) Neither satisfied or
Unsatisfied (%)
0 0 0
18-25 2 0 1
26-35 18 5 2
36-50 36 8 6
50- above 16 6 0
TOTAL 72 19 9
CHAPTER-6
FINDINGS OF THE STUDY
Competitors of Tata motors are Maruti Suzuki and Hyundai Motors in
passenger car, Tata Motors get the 2 position in Indian market.
If Tata motors look after following few problems (Findings) they may become
first in Indian market
1. 15% said that post sales follow ups are not done regularly, On an average
more than 73% people feel that the prices are affordable whereas 12% do not
agree. That mean all over 30% customer are not get full satisfaction level.
2. 63% customer said test drive done properly and 34% customer said test
drive are not done properly, otherwise 3% customer are not decided.
3. 34% customer said Tata Motors give attractive discount offer & 38%
customer are not satisfied of it's offer and 28% customer are not decided for
discount offer.
4. 73% customer said price affordable and 12% customer said price is high
otherwise 15% customer are not decided.
5. 66% customers are satisfied of commitment of Tata Motors and 19%
customer are said commitment are not fulfil and 15% customer are not
decided.
6. 70% customer said responds to complaints are quickly and 21% customers
are not satisfied and 9% customers are not decided.
CONCLUSION
The customers are fully satisfied with the product and the companies after
sales services.
In this modem and competitive era, when it is quite difficult sustain in the
global market for a long time. TATA MOTORS LTD has done a fabulous job
towards sector of the society.
Despite, the various competitors and substitute available in the market, TATA
MOTORS LTD. has been succeeded to sustain a unique among its consumers.
Most, consumers are purchasing TATA MOTORS products because of its quality
and safety. Consumers are willing to purchase the TATA MOTORS products in
future too..
Consumers are highly satisfied with the TATA MOTORS products as the quality
of TATA MOTORS is according o the needs and expectations of the consumers.
At last, it is concluded that the company as a whole is a branded company.
BIBLIOGRAPHY
WEBPAGES:
Name:-………………………………………………………………………
Address:- ……………………………………………………………………………………………
…………………………………………………………………………………………..
……………………………………………..Pin code …………………………….
Gender:
Male Female
Age:-
Below 18 8-25 26-35 36-50 51- above
Occupation:
Service Business Student Housewife
Q.1) How long have you been associated with TATA Motors ?
…………………………………………………………………………………………………………..
Q.2) How would you rate TATA Motors on the following parameter ?
3. Display of
merchandise id
attractive
4. Availability of
the product
5. Variety/
selection of
merchandising
6. Vehicle in good
condition
7. Prices are
affordable