ON
A COMPRATIVE STUDY OF CUSTOMER SATISFACTION
WITH SPECIAL REFERENCE OF TWO WHEELERS
COMPANIES (MAHINDRA V/S HERO)
SUBMITTED TO
KANPUR INSTITUTE OF MANAGEMENT STUDIES
(AFFIALED TO A P J ABDUL KALAM TECHNICAL
UNIVERSITY, LUCKNOW)
IN PARTIAL FULLFILMENT OF THE REQUIREMENTS FOR THE
AWARD OF THE DEGREE MASTER OF BUSINESS
ADMINISTRATION
UNDER THE GUIDANCE OF
(MS. RANU CHAUBEY)
SUBMITTED BY:
(SHIV KUMAR)
ROLL NUMBER - 1471470161
MBA 2014-16
1
CERTIFICATE
This is to certify that Mr. SHIV KUMAR, Roll number 1471470161, a student of MBA in
Kanpur Institute of Management Studies, has carried out the winter Training Project work
presented in this report titled A COMPRATIVE STUDY OF CUSTOMER SATISFACTION
WITH SPECIAL REFERENCE OF TWO WHEELERS COMPANIES (MAHINDRA V/S
HERO) for the award of MASTER OF BUSINESS ADMINISTRATION for the academic
batch 2015-2016 under my guidance.
H.O.D.
MR. ANKUR JAUHARI
Kanpur Institute of Management Studies
Unnao.
Date:
DECLARATION
I, (SHIV KUMAR), hereby declare that the project work entitled AN COMPRATIVE
STUDY OF CUSTOMER SATISFACTION WITH SPECIAL REFERENCE OF TWO
WHEELERS COMPANY LTD (MAHINDRA V/S HERO DREAM YOGA
submitted towards MBA Certificate is my original work and the dissertation has not formed the
basis for award of any degree, associate ship, fellowship or any similar title to the best of my
knowledge.
Place:
(SHIV KUMAR)
Date:
Roll No.1471470161
ACKNOWLEDGEMENT
I have lots of word to express my gratitude to Mahindra motors authorized dealer: Mahindra
two wheelers Ltd. For providing me a valuable chance to undergo my winter training in their
prestigious organization. I would like to thank Mr. Om Kant Payday manager
AN COMPRATIVE STUDY OF CUSTOMER SATISFACTION WITH SPECIAL
REFERENCE OF TWO WHEELERS COMPANY LTD (MAHINDRA V/S HERO
DREAM YOGA
for their cooperation and needed guidance in the successful accomplishment of this project. It
would be great privilege to express my sincere and deep sense of gratitude to MS. RANU
CHAUBEY
(Assistant Professor) whose inspiring guidance, pain taking efforts and untiring supervision, I
went through the training and project.
I wish to record my sincerer regarded to my course Director Dr. P.N BAJPAI and all my faculty
members who built a concrete platform for me before sending me for the training so that I would
stand firmly in all aspects.
At last but not the last, I feel indebted to my parents, colleagues for giving me the time, support
and inspiration to accomplish this work.
PREFACE
M.B.A program is one of the most reputed professional courses in the field to Management. This
course includes both theory and its implications as its concepts of curriculum. Summer training
is an integral part of the Master of Business.
Each student is requires to undergo practical training in an industrial organization for a period of
6 to 8 weeks. The purpose of this training is to expose the student to practical fronts.
It is an attempt to present the report on account of little practical knowledge observed and
gathered during the training period.
TABLE OF CONTENT:
S.NO
1.
Description
MAHINDRA Motorcycle Global History
2.
3.
4.
5.
6.
Company Profile
7.
IR
8.
9.
10.
Major Competitors
11.
12.
Industrial relationship
13.
Research Mythology
14.
Research Design
15.
16.
Conclusion
Page no.
MAHINDRA MOTORS
AUTHORISED DEALER: MAHINDRA TWO WHEELERS LTD
is an Indian conglomerate holding headquartered in Mumbai, Maharashtra, India. The company
operates in five major segments: exploration and production, refining and marketing,
petrochemicals, retail and telecommunications.
M Motors is the second-largest publicly traded company in India by market capitalization and is
the second largest company in India by revenue after the state-run Corporation. The company is
ranked No. 99 on the Fortune Global 500 list of the world's biggest corporations, as of 2013. M
Motors contributes approximately 14% of India's total exports.
History
Mahindra Two Wheelers Limited (MTWL) is a group venture owned by Mahindra &
Mahindra Limited(M&M) which manufactures scooters and
Wheelers Limited was founded in 2008, when Mahindra & Mahindra Limited acquired the
business assets of Kinetic Motor Company Limited MTWL has partnered with Taiwan's Anyang
Industry Company(SYM) to help develop its scooter portfolio, and with Italy-based Engines
Engineering for research and product design.
Contents
2 Products
3 Awards
4Refereces
5 External Links
8
Facilities
The company has a manufacturing facility at Pithampur, near Indore in Madhya Pradesh.
Mahindra Two Wheelers Limited has a Research and Development unit located at Chinchwad.
Pune, equipped with necessary design and development facilities right from renderings to
prototype manufacture and testing. It has invested 100 crore (US$15 million) to make it
functional.
The company has a 200 strong vendor network spread across the nation with more than 300
dealers creating 700 touch points.
Products
Mahindra Two Wheelers currently has 5 scooters:
Duro DZ
Flyte
Kine
Gusto
Rodeo UZ (2012)
Centuro
Mojo300cc
Mahindra Group, is foraying into the 110cc scooter segment with Gutso. Mahindra Two
Wheelers sells 13,445 units during December 2014 indtoday.com
Awards
Mahindra Duro was declared the Scooter of the Year at the annual NDTV Car & Bike
Awards in 2010
Mahindra Rodeo won the Best Website Award - Automotive at Campaign Indias Digital
Media Awards.
MAHINDRA.
MAHINDRA motorcycle India Pvt Ltd (SMIPL) is the largest entry into the already
crowded Indian two-wheeler segment with players like Hero Honda, Bajaj Auto, Honda,
and TVS. SMIPL have started their Indian operations with a 125-cc mass market
motorcycle. It has made an initial investment of Rs. 200 crores to start their Indian
operations.
Company sources have revealed that MAHINDRA would follow up this 125cc bike with
a high performance 150-cc sibling sometime next year. And for the budget segment,
10
another100cc bike is expected in the frist quarter of 2006. Mass market is the initial aim
with plans to entyer all the segments rapidly. They have their facilities locted in Gurgaon.
MAHINDRA had launched bike by diwali, which is the auspicious time for buying a bew
vehicle in Indian families. Their setup in Gurgaon has the capabilities of manufacturing
one lakh motorcycle and they are ready to step that up massively if the situation arises.
They already have setup 40 dealership around the country stations to provide serc=vice
Japan. Business boomed as MAHINDRA built weaving looms for Japan's giant silk
industry.In 1929, Michio MAHINDRA
invented a new type of weaving machine, which was exported overseas. The company's
first 30 years focused on the development and production of these machines.
Despite the success of his looms, MAHINDRA believed that his company would benefit
from diversification and he began to look at other products. Based on consumer demand,
he decided that building a small car would be the most
practical new venture. The project began in 1937, and within two years MAHINDRA had
completed several compact Prototype cars. These first MAHINDRA motor vehicles were
powered by a then-innovative, liquid-cooled, four-stroke,
four-cylinder engine. It had a cast aluminium crankcase and gearbox and generated 13
horsepower (9.7 kW) from a displacement of less than 800cc.
11
With the onset of World War II, production plans for MAHINDRA's new vehicles were
halted when the government declared civilian passenger cars a "non-essential
commodity." At the conclusion of the war, MAHINDRA went back to producing looms.
Loom production was given a boost when the U.S. government approved the shipping of
cotton to Japan. MAHINDRA's fortunes brightened as orders began to increase from
domestic textile manufacturers. But the joy was short-lived as the cotton market
collapsed in 1951.Faced with this colossal challenge, MAHINDRA's returned to the
production of motor vehicles. After the war, the Japanese had a great need for affordable,
reliable personal transportation. A number of firms began offering "clipon" gas-powered
engines that could be attached to the typical
Bicycle. MAHINDRA's first two-wheeled vehicle was a bicycle fitted with a motor
called, the "Power Free." Designed to be inexpensive and simple to build and maintain,
the 1952 Power Free had a 36 cc, one horsepower, two-stroke engine. The new doublesprocket gear system enabled the rider to either pedal with the engine assisting, pedal
without engine assist, or simply disconnect the pedals and run on engine power alone.
The patent office of the new democratic government granted MAHINDRA a financial
subsidy to continue research in motorcycle engineering.
By 1954, MAHINDRA was producing 6,000 motorcycles per month and had officially
changed its name to MAHINDRA Motor Co., Ltd. Following the success of its first
motorcycles, MAHINDRA created an even more successful automobile: the
1955 MAHINDRA sold with front-wheel drive, four-wheel independent suspension and
rack-and-pinion steering, which were not common on cars until three decades later.
12
Mahindra industries
13
Type
Private
Traded as
BSE: 500520
Industry
Automotive
Worldwide
Scooters, Motorcycles
Website
m a h i n d r a 2 w h e e l e r s . c o m
Company Profile
14
Mahindra Bolero
15
Mahindra Bolero is one of the most successful and popular utility vehicle of the M & M groups.
The car is robust in appearance and it has been elegantly designed keeping in mind the condition
of the Indian roads.
Mahindra Bolero is also amongthe best fuel efficient cars of India as the manufacturer has
equipped it wi th a 2500cc disel engine with 5. speed transmission.
Mahindra Scarpio
Mahindra and Mahindra limited launched Mahindra scarpio as its first spert utility vehicle in
India in 2002 this suv has redefined the expectation for the design of suv with its study looks
and power ful performance. The sophisticated interior design add to the further glory to the
appearance.
Mahindra Ingenio
Mahidra and Mahindra is planning to launch a new multi- purpose vehicle to take on the Toyota
Innovo and the and the chevrolet Tavera in both individual buyer and taxi segments.
Mahindra has currently named the project ingenious the vehicle is expected to hit the market in
2009.
much awaited Mahindra Renault Logan has been launched in India this compact sedan is a
spacious practical and affordable vehicle the outlook of Logan is impressive and the basic
version is value for money however top and versions is value for money however top and
versions are bit high on price the promised feature of this car is its Performance interior and
economy.
Mahindra XYLO
Mahindra and Mahindra limited launched their lasts multi utility vehicle Mu v XYLO In India on
January 13.2009 the car basis of heaving all the luxurious features that are seen in today sedans.
With the ample space of a utility vehicle XYLO musalor stance contributes to its commanding
road presence fully packed with the latest features the MU v is sure to impress Indian consumers
and pravide a stiff competition to the other vehicle with its c loss.
17
Manufacturing and branding sectors in the Indian automobiles industry with its flagship
Mahindra XUV500 and uses Indias growing global market presence in both the automotive and
farming industries to push its products in other countries. Over the past few years, the company
has taken interest in new industries and in foreign markets. They entered the two wheeler
industry by taking over kinetic Motors in India. M&M also has controlling stake in REVA
Electric Car Company and acquired south Koreas Ssangyong Motor Company in 2011. In the
2010-11 M&M entered in micro Drip irrigation with the takeover of EPC Industries Ltd, Nasik.
18
ARUN NANDA
Chairman
Mahindra Holidays & Resorts India Limited (MHRIL)
BOARD OF DIRECTORS
19
The Group Executive Board (GEB) displays the breadth and depth of our talented human capital. Made up of people from all segments of industry, the GEB explores synergies between all our businesses to unite our goals and forge strategic plans. Working together, we create value while staying true to our common purpose and values.
Meet the people whose extraordinary efforts enable us to Rise .
R a j e e v
A n a n d
M a h i n d r a
D u b e y
P a w a n
G o e n k a
Executive Director - Mahindra & Mahindra, Group President (Auto and Farm Sector)
U l h a s
Y a r g o p
A n i t a
Zhooben
A r j u n d a s
Bhiwandiwala
Managing Director & CEO - Mahindra Lifespaces, President - Real Estate Sector
D u r g a s h a n k a r
P .
Managing Director - Mahindra & Mahindra Financial Services, President - Financial Services Sector
R a j e s h
J e j u r i k a r
V . S .
P a r t h a s a r a t h y
20
A s h o k
K a v i n d e r
S h a r m a
President & Chief Executive - Agri, Africa & South Asia Operations
Managing Director & CEO - Mahindra Holidays and Resorts, President - Leisure & Hospitality Sector
J o h n g - s i k
R a j a n
S i n g h
C h o i
W a d h e r a
President and CEO- Ssangyong Motor Co.
President & Chief Executive - Truck & Powetrain, Head - Mahindra Research Valley
ORGANIZATION PROFILE
Type
Industry
Automotive
Farm Equipment
Founded
1945
Keshub
Mahindra, Chairman; Anand
Mahindra, Vice Chairman &
Managing Director
Revenue
Net income
million)(2010).
Employees
119,900
Parent
Mahindra Group
Website
Mahindra.com
22
Mahindra models
Mahindra Centuro
Commuter
15 reviews
Mahindra Gusto
Scooter
18 reviews
23
Mahindra Arro
Commuter
Latest Mahindra news
24
25
3. RIGHT SIDE
A) Foldable Bag Hook More space to keep bigger items and safe.
B) Single key operation (Lock, Unlock, Ignition, Underseat lock and Shutter lock).
C) Ground Clearance 160mm for less maintenance
D) Higher Wheelbase of 1250mm for better stability
E) Fuel Capacity 6 ltrs
F) Underseat Storage 20 Ltrs
G) Helmet hook
H) Stylish pillion foot rest
4. REAR
A) Smiling Tail Lamp with Indicator
B) Aluminum Grab Bar
C) Large rear fender Avoids mud splash
5. TECHNOLOGY
A) 124cc Cetralized engine
B) Power: 8.58bhp@7000rpm ; Torque: 9.8Nm@5000rpm
C) XTP Technology (eXtra Torque Performance) Good torque resulting in excellent
initial pick-up and better weight carrying capacity.
D) SJCS (MAHINDRA Jet Cooling System) Doesnt allow overheating of the engine
E) Auto Decompression Easy kick start boon for lady customers and old age people
26
F) Tubeless Tyres
3. RIGHT SIDE / TECHNOLOGY
A) Maintenance Free Battery
B) Kerb Weight 135Kg (Lightest in its class of carbureted 150cc motorbikes)
C) Ground Clearance 160mm
D) Wheel base 1330mm for better stability
E) 7-step adjustable Mono suspensions Adjust the suspensions as per road conditions
F)
G)
H)
I)
28
called Hero Group, not to be confused with the Hero Group food company of Switzerland) of
India and Honda of Japan. In 2010, when Honda decided to move out of the joint venture, Hero
Group bought the shares held by Honda. Subsequently, in August 2011 the company was
renamed Hero MotoCorp with a new corporate identity.
In June 2012, Hero MotoCorp approved a proposal to merge the investment arm of its parent
Hero Investment Pvt. Ltd. into the automaker. The decision comes after 18 months of its split
from Hero Honda. "Hero" is the brand name used by the Munjal brothers for their flagship
company, Hero Cycles Ltd. A joint venture between the Hero Group and Honda Motor Company
was established in 1984 as the Hero Honda Motors Limited at Dharuhera, India. Munjal family
and Honda group both owned 26% stake in the Company.
During the 1980s, the company introduced motorcycles that were popular in India for their fuel
economy and low cost. A popular advertising campaign based on the slogan 'Fill it Shut it
Forget it' that emphasised the motorcycle's fuel efficiency helped the company grow at a doubledigit pace since inception. In 2001, the company became the largest two-wheeler manufacturing
company in India and globally It maintains global industry leadership till date. The technology in
the bikes of Hero Motocorp (earlier Hero Honda) for almost 26 years (19842010) has come
from the Japanese counterpart Honda.
30
Public company
Traded as
BSE: 500182
NSE: HEROMOTOCO
BSE SENSEX Constituent
Industry
Automotive
Founded
Founder
Headquarters
Key people
Products
Motorcycles, Scooters
241.66
Revenue
Operating
income
21.18
Net income
Total assets
53.08
billion (US$780 million) (2013)
Number of
5,842[2]
31
employees
Parent
Hero Cycles
Website
www.heromotocorp.com
PROFILE OF DIRECTORS
32
Mr Sunil Kant Munjal has received Glob Scot Award from the Scottish Government in Sept.,
2012. His name has been inscribed on The Royal Society of Medicines Wall of Honour at
London in recognition of his contribution in Affordable Healthcare as President of Dayanand
Medical College & Hospital, Ludhiana in February, 2013.He is also the President of the
Ludhiana SanskritikSamagam, an organisation that promotes performing arts across North India.
He is also the Founder Chairman of BML Educorp Services and is the guiding force behind the
BML Munjal University and is playing a key role in helping create a unique Higher Education
Initiative.
He is an Advisory Board Member of the UK India Business Council.
He is on the boards of the Indian School of Business at Hyderabad and Mohali. He is Member of
the Board of Governors of IIT, Ropar in Punjab. He also serves on the Presidents Council at the
University of Tokyo. He has been appointed by the Punjab Govt as Chairman of the Board of
Governors of Punjab Technical University, Jalandhar in October, 2012.
Mr. Munjal was President of Confederation of Indian Industry (CII). He is currently a member of
Prime Ministers Council on Trade & Industry that regularly interacts with the Indian Prime
Minister on economic issues.
Mr. Munjal is currently on the board of the following Public Limited Companies:
JT. MANAGING DIRECTOR
Hero MotoCorp. Ltd.
CHAIRMAN
33
CHAIRMAN
Hero Management Service Limited.
CHAIRMAN
BML Educorp Services
CHAIRMAN
Board of Governors of Punjab Technical University
CHAIRMAN
Shivam Autotech Limited.
DIRECTOR
Hero Realty Limited.
DIRECTOR
34
DIRECTOR
Hero InvestCorp Limited.
DIRECTOR
Hero Mindmine Institute Limited.
DIRECTOR
Hero Realty & Infra Limited.
DIRECTOR
Rockman Industries Ltd.
DIRECTOR
Satyam Auto Components Limited.
DIRECTOR
35
HERO PRODUCT
36
Karizma ZMR
Karizma
Passion XPRO
37
Splendor PRO
Maestro Edge
Pleasure
38
IR
HIM602V Hero Photodiode, Ir Receiver, Vertical
Product Description
HIM602V Hero Photodiode Ir Receiver Vertical
Product Details
Operating Temperature Max:
75C
-25C
LISTING DETAIL
39
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by our terms & conditions. Please ensure you have read these before making your purchase.
We are based in the UK and all electrical items that require a plug are shipped with a 3 pin UK
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Images shown are for demonstration purposes.
Product will match description but may vary from images shown.
For any concerns about how a product looks please contact us before ordering.
40
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For full details please check our Terms and Conditions.
CUSTOMER SERVICE
We pride ourselves on making sure each and every customer is satisfied before, during and after
a sale is completed. If you have any questions about any of our items for sale or any order you
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41
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42
Drum-Alloy
Displacement
106 Cc
109.19 Cc
43
No. of cylinders
Engine Type
Configuration
Maximum Powe
8.4bhp at 7500rpm
8.25Bhp @ 7500rpm
Maximum Torque
8.5Nm at 5500rpm
8.63Nm @ 5500rpm
Fuelling
Cooling type
1000 ml
Not Available
Mileage
85 Kmpl
72 Kmpl
Bore x Stroke
SOHC
SOHC
Single Cylinder
Carburetor
Single Cylinder
Carburetor
Air
Air
52.4 x 49.5 mm
50.0 x 55.6 mm
Type
No. of Gears
Drivetrain Type
Chan
Chain
Clutch Type
Wet
Wet
Manual
Manual
44
Length
2031 mm
2022 mm
Width
780 mm
733 mm
Height
1111 mm
1095 mm
Seat Height
800 mm
820 mm
Wheelbase
1265 mm
1285 mm
Ground Clearance
173 mm
169 mm
Unladden/Kerb Weight
120 Kg
108 Kg
12 litre
8 litre
2 litre
2 litre
Mahindra Centuro Chassis and Suspension vs. Honda Dream Yuga 2015 Chassis and
Suspension
Frame Type
Front Suspension
Rear Suspension
Double Cradle
Diamond
Sups
45
5 Step Adjustable
Front Type
Drum
Drum
Rear Type
Drum
Drum
130 mm
130 mm
130 mm
130 mm
Mahindra Centuro Tyres and Wheel vs. Honda Dream Yuga 2015 Tyres and Wheel
Wheel Type
Not Available
80/100-18
Not Available
80/100 - 18
Wheel Size
18 inches
18 inches
Alloys
Alloys
Start Type
Electric
Kick, Electric
Headlamp Type
Halogen
Halogen
Battery
Dry
Dry
LED
Crystal
Crystal
Crystal
46
Mahindra Centuro Body type vs. Honda Dream Yuga 2015 Body type
Body type
Commuter
Commuter
Mahindra Centuro Equipment Listing vs. Honda Dream Yuga 2015 Equipment Listing
Find Me Lamps
Available
Not Available
Guide Lamp
Available
Not Available
Service Reminder
Available
Not Available
Flip key
Choke lever
Available
Not Available
Available
Not Available
Front Fuelling
Available
Not Available
Available
Not Available
Available
Not Available
Available
Not Available
Stop-Start Technology
Available
Not Available
Under-seat storage
Available
Not Available
Available
Not Available
Displacement
No. of cylinders
Engine Type
Configuration
Maximum Power
124 Cc
106 Cc
SOHC
Single Cylinder
SOHC
Single Cylinder
10.57Bhp @ 7500rpm
8.4bhp at
10.30Nm @ 5500rpm
8.5Nm at
7500rpm
Maximum Torque
5500rpm
Fuelling
Carburetor
Carburetor
2
48
Cooling type
Not Available
1000 ml
Mileage
65 Kmpl
85 Kmpl
Bore x Stroke
Air
Air
52.4 x 57.8 mm
52.4 x 49.5 mm
Type
No. of Gears
Drivetrain Type
Clutch Type
Manual
Manual
Chain
Chain
Wet
Wet
Length
2012 mm
2031 mm
Width
762 mm
780 mm
Height
1090 mm
1111 mm
Seat Height
790 mm
800 mm
Wheelbase
1266 mm
1265 mm
Ground Clearance
157 mm
173 mm
49
Unladden/Kerb Weight
123 Kg
120 Kg
10.5 litre
12 litre
Not Available
2 litre
Honda CB Shine Chassis and Suspension vs. Mahindra Centuro Chassis and Suspension
Frame Type
Front Suspension
Rear Suspension
Diamond
Double Cradle
Telescopic
coil spring
Honda CB Shine Brakes vs. Mahindra Centuro Brakes
Front Type
Rear Type
Ventilated Disc
Drum
Drum
Drum
240 mm
130 mm
Rear Disc/Drum
130 mm
130 mm
Honda CB Shine Tyres and Wheel vs. Mahindra Centuro Tyres and Wheel
Wheel Type
Alloys
Alloys
80/100-1847P
50
Not Available
Wheel Size
80/100-18 54P
18 inches
Not Available
18 inches
Start Type
Kick, Electric
Electric
Headlamp Type
Halogen
Halogen
Battery
Crystal
LED
Crystal
Crystal
Dry
Dry
Speedometer
Tachometer
Fuel Gauge
Analogue
NA
Analogue
Analogue
Analogue
Analogue
Not Available
51
Trip Meter
Clock
Odometer
Yes, Analog
Not
Mahindra Gusto v/s Honda Activa v/s TVS Jupiter Spec Comparison
We compare the numbers of the Mahindra Gusto against its established rivals the Honda Activa
and the TVS Jupiter.
52
RECOMMENDATIONS
2014 ET ZigWheels Award: Readers' Choice Two-Wheeler of the Year Mahindra Gusto.
With the scooters showcasing tremendous growth every major two-wheeler manufacturer in
our country is focusing its attention on the segment. Though Mahindra Two Wheeler is
present in the 125cc scooter market, it has been missing out on the 110cc scooter market,
which consists of a major chunk of scooter sales in India. For this purpose it has launched its
first indigenously developed 110cc scooter, christened Gusto. We pit the Mahindra Gusto against
the two of the most formidable forces in the Indian gearless scooter space the
Honda Activa and the TVS Jupiter.
53
Features:
The
Gusto being
Mahindra offering
for
Scooters in our market. The biggest talking point about the Mahindra Gusto
is the manual seat height adjustable option. The seat height can be raised or lowered manually by
35mm, which is beneficial to riders of different height. Another clever feature on the Gusto is the
self-locking mechanism on the seat that maintains the seat in an upright position without the
rider having to hold it manually. This feature is useful while accessing the under seat storage
space and when refuelling the scooter.
Below the instrument console is a spring loaded storage where rider can store various
knickknacks like a mobile phone, wallet etc. Parking brake is standard on the Mahindra Gusto
and TVS Jupiter. The Mahindra Gusto also gets a remote flip key which is a first for any scooter
in our country.
54
The highlight about the TVS Jupiter is its conveniently positioned external fuel filler cap,
Which save the rider from the tiring drill of getting off the scooter to Access the under seat fuel
filler cap. The TVS Jupiter also gets equipped with a pass light (first for any scooter in India) and
an eco and power mode indicator to extract better fuel efficiency. Like the Mahindra Gusto, the
TVS Jupiter has a kick start lever directed towards the rider which means unlike conventional
scoters the rider can sit on the scooter and kick start it.
The Honda Activa has the least amount of features in comparison to the Mahindra Gusto and
TVS Jupiter. The Honda Activa sports an anti-theft key shutter as seen on the TVS Jupiter and
the useful Combi braking system. Another noticeable feature on the Honda Activa is the
convenient lift-up independent cover (CLIC mechanism) that enables the rider to lift up the
entire rear body cover easily to access the engine.
55
8. RIGHT SIDE
I) Foldable Bag Hook More space to keep bigger items and safe.
J) Single key operation (Lock, Unlock, Ignition, Underseat lock and Shutter lock).
K) Ground Clearance 160mm for less maintenance
L) Higher Wheelbase of 1250mm for better stability
M) Fuel Capacity 6 ltrs
N) Underseat Storage 20 Ltrs
O) Helmet hook
P) Stylish pillion foot rest
9. REAR
D) Smiling Tail Lamp with Indicator
E) Aluminum Grab Bar
57
10. TECHNOLOGY
I) 124cc Cetralized engine
J) Power: 8.58bhp@7000rpm ; Torque: 9.8Nm@5000rpm
K) XTP Technology (eXtra Torque Performance) Good torque resulting in excellent
initial pick-up and better weight carrying capacity.
L) SJCS (HERO Jet Cooling System) Doesnt allow overheating of the engine
M) Auto Decompression Easy kick start boon for lady customers and old age people
N) PAIR (Pulsed-secondary AIR injection system) Less Pollution
O) Total servicing schedule 2free, 2paid, 2free, 2paid, 2free and 2paid = 12 servicing
P) Complementary accessories Ladies footrest, side stand, floor mat and rear view
mirrors
HAYATE 112.8cc MOTORCYCLE:
5. SEATING
D) Longer Seat
E) Comfortable sitting position
F) Stylish Fuel tank
6. FRONT
D) Multi-reflector headlight for better visibility
E) Black Alloy wheels for stylish looks
F) Tubeless tyres
P) Wheelbase: 1260mm
Q) Kerb Weight: 112kg
R) 5 step adjustable suspensions Adjust the suspensions as per road conditions
8. REAR
F) Compact and bright tail light sport looks and less maintenance
G) Large Rear Fender
H) Helmet hook below the seat
I) Total servicing schedule 4free, 3paid, 2free and 6paid = 15 servicing
J) Complementary accessories Ladies footrest, Saree guard and Leg guard
T) 7-step adjustable Mono suspensions Adjust the suspensions as per road conditions
and stylish looks
U) 155cc Aluminum Engine designed by the experience of MotoGP engineers
V) Power: 14.8ps@8000rpm; Torque: 14Nm@6000rpm
W) 0-60kmph in 4.4sec which is the highest pick-up in its category
X) SEP Technology (HERO Eco Performance) Excellent mileage of 63.5kmpl with
more power, performance and Less Maintenance.
Y) SJCS (HERO Jet Cooling System) Doesnt allow overheating of the engine
Z) Auto Decompression Easy kick start boon for lady customers and old age people
AA)
PAIR (Pulsed-secondary AIR injection system) Less
Pollution
AB)
ignition timing
AC)
high rpm
AD)
8. REAR
G) LED Tail light with flexible Indicators Bright and less on maintenance
H) Detachable rear fender for stylish looks
I) 140mm thick Radial tubeless tyres for better grip and style
J) Stylish grab bar
K) O-ring sealed chain for less maintenance
L) Helmet holder below the seat
MOJOR COMPETATIOR
60
Hero Honda Motors Limited was established in 1984, as a joint venture between Indias Hero
group (worlds largest bicycle manufactures) and Japans Honda Motors Company. In 1985
production began with the launch of its first motorcycle, the CD100, which gave 80 km to the
liter. In 1987 the engine plant was started and in 1989 the company produced its 3,00,000th
motorcycle. In 2001 Hero Honda manufactured its 50,00,000th motorbike. Hero Honda has a
reputation of being the most fuel- efficient and the worlds single largest two wheeler company.
Shri Brijmohan Lall Munjal is the Chairman and managing director of this company.
During 80s, Hero Honda became the frist company in India to prove that it was possible to drive
a vechicle without polluting the roads.
The unique fratures like fuel conservation, sagety riding courses and mobile workshops helped
the proup reach in the interiors of the country. Well entrenched in the domestic market, Hero
Honda Motors Ltd. Turned its attention overseas, and exports have been steadily on the rise.
Since 1986, there is a technical tie-up of Bajaj Auto Ltd. With Kawasaki Heavy Industries of
Japan to manufacture state-of- art range of latest two- wheelers in India. The JV has already
given the Indian market the KB series, 4S and 4S Champion, Boxer, the Caliber series, and
Wind 125 Kawasaki Heavy Industries is a Fortune 500 company with a turnover of USD 10
billiob (Rs. 45,840 crore). It has crafted new technologies for more than hundred years.
The technologi9es of KHI have redefined space system, aircrafts, jet engines, ships,
locomotive. Energy plants, automation system, construction machinery, and of causes high
reliability two-wheelers KHI has given the world its legendary series of 600-1200cc Ninja
and 1600 Vulcan bikes. Straight frim its design boards, the Kawasaki Bajaj Eliminator,
Indias first
performance.
Bajaj is the first Indian two wheeler automobile company in the market since 1945 with the
nameM/s Bacharj trading corporation private limited change its name as Bajaj Auto Ltd.
Bajaj Auto obtains license firm the government of India to manufacture two- three- wheelers
vehicles in 1959.
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TVS Motor is a leading and trusted two wheelers company began with the vision of TVS scooty
the founder of the Sundaram Clayton Group, the late T.S. Srinicasan- to design, develop and
produce an afforadable moped for the Indias continually worked on innovationn family. This
vision was realized in 1980 when TVS 50, Indians frist two seater moped rolled out of the
factory at Hosur in Tamil Nadu, Southern India. The company has been kmown for its
reggedness and reliability.
TVS Motor has continually worked on innovation of the motorcycle segment along with two
wheeler range. The MAHINDRA Shaolin, developed by TVS MAHINDRA is Indias frist 5speed, 140 cc motorcycle. Another example of the company success is TVs Scooty, a 60 cc
scooterette which keep one step ahead of its time in India. The company is the third largest two
wheeler was the first in India to lauch 2-seater 50cc moped and 100cc indo-Japanese
motorcycles. At present TVs Apache, TVs Victjor, TVS scooty, TVS Centra and TVS Fiero are
the popular bikes in Indian market.
63
Yahama made its intial foray into India in 19785. Subsequently, it entered into a 50:50 joint
venture with the Escorts Group in 1996. However, in August 2001, Yahama acquired its
remaning stake as well, bringing the Indian operations under its complete control as a 100%
subsidiary of Yahama Motor Co, Ltd, Japan. Indian Yahama motor operates from its state of
the-art-manufacturing units at Faridabed in Haruana and Surajpur in Utter Pradesh and produces
motorcycle both for domestic and export markets. With a strong workforce of 2000 employees,
Indian Yahama motor is highly customer-driven and has a country wide network of over 400
dealers.
The company pioneered the volume bike segmebt with the launch is its 100 cc 2-stock
motorcycle RX100. Since then, it has introduce an entire range of 2-stoke and 4-stoke bikes in
India. Presently, its product portfolio includes Crux (100cc), Alba (106cc) and Gladiator (125cc).
64
CUSTOMER SATISFACTION
INTRODUCTION
65
may be easily satisfied most of the time and the other might be hard to please but
was pleased on this occasion. A methods exist to measure customer satisfaction.
Periodic surveys can track customer satisfaction directly. Respondents can also be
asked additional questions to measure repurchase intention and the likelihood or
willingness to recommend the company and brand to others. Companies that do achieve
high customer satisfaction ratings make sure Satisfaction is a persons feelings of pleasure
of disappointment resulting from comparing Products perceived performance (or
outcome) in relation to his or her expectations. Whether the buyer is satisfied after
purchase depends on the offers performance in relation to the buyers expectations.
If the performance falls short of the expectations, the customer is dissatisfied. Of
the performance matches the expectations, the customer is satisfied. If the
performance exceeds expectations the customer is highly satisfied or delighted. A
company would be wise to measure customer satisfaction regularly because one key
to customer retention is customer satisfaction. A highly satisfied customer generally
stays loyal longer, buys more as the company introduces new products and upgrades
existing product, talks favorably about the company and its products, pays less
attention to competing brands and is less sensitive to price, offers product or service
ideas to the company, and costs less to serve than new customers because
transactions are routine. When customers rate their satisfaction with an element of
ecompanysperformance- say, delivery. It could mean early delivery, on-time
deliver, order completeness, and so on. The company Must also realize that two
customer can report being highly satisfied for different reasons. One their target
market knows it. For customer centered companies, customer satisfaction is both a goal and a
marketing tool. Although the customer- centered firm seeks to create high customer satisfaction
that is not its ultimate goal. If the company increases customer satisfaction by lowering its price
of increasing its services, the result may be lower profit. The company might be able to increase
66
their you're not able to solve a problem right away, let the customer know you're working on it.
MAHINDRA alw ays lis ten customer pr oblem and solve his queries and
A l w a y s have communications with customers.
3. BE FRIENDLY AND APPROACHABLE:
It's very important to be friendly, courteous and to make your clients feel like y o u ' r e t h e i r
f r i e n d a n d y o u ' r e t h e r e t o h e l p t h e m o u t . T h e r e w i l l b e t i m e s when you
want to beat your clients over the head repeatedly with a blunt object - it happens to all
of us. It's vital that you keep a clear head, respond to your c l i e n t s ' w i s h e s a s b e s t y o u
c a n , a n d a t a l l t i m e s r e m a i n p o l i t e a n d courteous. In MAHINDRA showroom all
workers are trained and well behave with customer. MAHINDRA showrooms staff very friendly
with clients.
4. HAVE A CLEARLY-DEFINED CUSTOMER SERVICE POLICY:
This may not be too important when you're just starting out, but a clearly defined
customer service policy is going to save you a lot of time and effort in the long run. If a customer
has a problem, what should they do? If the first option doesn't work, then what? Should
they contact different people for billing and technical enquiries? If they're not
satisfied with any aspect of your customer service, who should they tell? There's nothing
more annoying for a client than being passed from person to person, or not knowing who to turn
to. Making sure they know exactly what to do at each stage of their enquiry should be of utmost
importance So make sure your customer service policy is present on your site -- .
but remember to do them. Even if its as small as sending a Happy Holidays email to all your
customers, its something. It shows you care; it shows there are real people on the other end of
that screen of telephone; and importantly, it makes the customers feel welcomed, wanted and
valued, MAHINDRA has keep detail of all customers and make them happy on specific
occasion.
5. ANTICUIPATE YOUR CLIENTS NEEDS & GO OUT OF YOUR WAY TO HELP THEM
OUT:
Sometimes this is easier said than done. However, achieving this supreme level of understanding
with your will do wonders for your working relationship. MAHINDRA always tries to know
about customer need and make the product according to them.
69
HYPOTHESIS
(NIL) Basically this research is based on Secondary data and for the result, I have to
collected last 5 years record perception of customer satisfaction as well as category
which follow the satisfaction level of customer of Mahindra two wheelers. Specially
from the year 2010, 2011 , 2012, 2013, 2014, 2015,.
70
RESEARCH METHOLODOGY
RESEARCH METHODOLOGY
The process used to collect information and data for the purpose of making business decisions.
The methodology may
other
research techniques,
and
could
include
both
present
and
historical
information.
some times may not lead to immediate use or application. It is not concerned with solving any
practical problems of immediate interest. But it is original or basic in character. It provides a
systematic and deep insight into a problem and facilitates extraction of scientific and logical
explanation and conclusion on it. It helps build new frontiers of knowledge. The outcomes of
basic research form the basis for many applied research. Researchers working on applied
research have to make use of the outcomes of basic research and explore the utility of them.
Applied Research
In an applied research one solves certain problems employing well known and accepted theories
and principles. Most of the experimental research, case studies and inter-disciplinary research are
essentially applied research. Applied research is helpful for basic research. A research, the
outcome of which has immediate application is also termed as applied research. Such a research
is of practical use to current activity. For example, research on social problems have immediate
use. Applied research is concerned with actual life research such as research on increasing
efficiency of a machine, increasing gain factor of production of a material, pollution control,
preparing vaccination for a disease, etc. Obviously, they have immediate potential applications.
that field. Normal research is something like puzzle-solving: interesting, even beautiful, solutions
are found but the rules are remain same. In this normal research sometimes unexpected novel
results and discoveries are realized which are inconsistent with the 8 existing paradigm. Among
the scientist, a tense situation then ensues, which increases in intensity until a scientific
revolution is reached. This is marked by a paradigm shift and a new paradigm emerges under
which normal scientific activity can be resumed
74
Determining the specific Information needed: - In general the producer, the manufacturer, the
wholesaler and the retailer try to find out four things namely:-
(1)
What to sell
(2)
When to sell
(3)
Where to sell
(4)
How to sell
(4) Determine the sources of information:(a)Primary Data: - Primary datas are those which are gathered specially for the project at hand,
directly e.g. through questionnaires & interviews. Primary data sources include company
75
salesman, middleman, consumers, buyers, trade associations executives & other businessman &
even competitors.
(b)Secondary Data: - These are generally published sources, which have been collected
originally for some other purpose. Source are internal company records, government publication,
reports & publication, reports & journals, trade, professional and business associations
publications & reports.
(5)Decide Research methods for collecting data: - If it is found that the secondary data cannot
be of much use, collection of
A) Survey
B) Observation
C) Experimentation
A) Survey Method: - In this method, information gathered directly from individual
respondents, either through personal interviews or through mail questionnaires or
telephone interviews.
B) Observation Method: - The research data are gathered through observing and
recording their actions in a marketing situation. This technique is highly accurate. It is
rather an expensive technique.
C) Experimental Method: - This method involves carrying out a small scale trial
solution to a problem, while at the same time, attempting to control all factors relevant to
the problem. The main assumption here is that the test conditions are essentially the same
as those that will be encountered later when conclusions derived from the experiment are
applied to a broader marketing area.
76
D) The Panel Research: - In this technique the same group of respondents is contacted
for more then one occasion; and the information obtained to find out if there has been any
in their taste demand or they want any special quality, color, size, packing in the product.
a) Preparation of questionnaire
b) Presetting of questionnaire
(6)
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RESEARCH DESIGN
RESEARCH DESIGN
78
The research design refers to the overall strategy that you choose to integrate the
different components of the study in a coherent and logical way, thereby, ensuring you
will effectively address the research problem; it constitutes the blueprint for the
collection, measurement, and analysis of data.
the question of how many items are to be observed and how the
(ii) a strategy
which approach will be used for gathering and analyzing the data.
(iii) the time and cost budgets
most studies are done under these two constraints
dependent variable,
the variable that is antecedent to the dependent variable --- an independent
variable.
80
FINNDING AND
RECOMMENDATION
81
Close link should be established with customers through customer relations programs
and try to meet their requirement regarding product and services and to make them aware
about both product and promotions.
.
Promote the areas where Mahindra Digital stores, have an upper hand like correct weight
and measures, values packs of goods, quality service and ambience.
In minds of consumers, Mahindra Digital has two basic features:(i) The product is live experience
(ii) The price is lower when compared with the local markets and other competitors.
Rightsizing is desired in certain stores. A large area is occupied by categories like
apparels which have very limited sales but rent has to be paid for the area.
Long queues too often discourage people to shop in Mahindra Digital store especially the
customers who purchase smaller quantities of good product. So number of tills in each
store should be between depending upon factors like and stateside. In rush hour i.e..
Between 5pm 9pm reserve at least one till (bill counter) for small quantity purchases.
Differentiate the Mahindra Digital stores in clusters themselves in their appearance (i.e..
Colour combination store furniture etc.) In order to generate consumer interest. Also keep
on changing after certain time.
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Product: The product itself is the first element. Products most satisfy consumer needs.
The management must, first decide the products to be produced, by knowing the needs of
the consumers.
Price: The second element to affect the volume of sales is the price. The market or
announced amount of money asked from a buyer is known as basic value placed on a
product.
Promotion: The product may be known to the consumers. Firms must undertake
promotion work-advertising, publicity, personal selling etc. which are the major
activities.
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And for using this marketing mix Maruti Company have to study the consumer buying
behaviour which is :
85
CONSUMER BEHAVIOR
Consumer behaviour is the study of individuals, groups, or organizations and the processes they
use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs
and the impacts that these processes have on the consumer and society.
86
Social factors:
Reference Groups: A persons reference groups consist of all the groups that have a direct (faceto-face) or indirect influence on the persons attitudes or behavior.
Family: The family is the most important consumer buying organization in society, and it has
been researched extensively. Family members constitute the most influential
primary reference group. We can distinguish between two families in the
buyers life.
Roles and Statuses: A person participates in many groups family, clubs, and organizations.
The persons position in each group can be defined in terms of role and status.
Personal Factors
A buyers decisions are also influenced by personal characteristics. These include the buyers age
and stage in the life cycle, occupation, economic circumstances, lifestyle and personality and
self-concept.
(i)Age and stage in the cycle:
People buy different goods and services over a lifetime. They ear baby food in the early years,
most foods in the growing and mature years, and special diets in the later years. Taste in clothes,
furniture and recreation is also age related. Consumption is shaped by the family lifecycle. Some
recent work has identified psychological life-cycle stages. Marketers pay close attention to
changing life circumstances divorce, widowhood, remarriage and their effect on consumption
behavior.
(ii)Occupation and economic circumstances:
87
Occupation also influences a persons consumption pattern. A blue-collar worker will buy
clothes, work shoes, and lunchboxs.
(iii)Lifestyle:
People from the same subculture, social class and occupation may lead quite different lifestyles.
A lifestyle is the persons pattern of living in the world as expressed in activities, interests and
opinions.
(iv)Personality and self concept:
Each person has a distinct personality that influences buying behavior.
(v)Psychological Factors:
A persons buying choices are influenced by four major psychological factors-motivation,
perception, learning and beliefs and attitudes.
(vi)Motivation:
A person has many needs at any given time. Some needs are biogenic; they arise from
physiological states of tension such as hunger, thirst, discomfort.
(vii)Perception:
A motivated person is ready to act. How the motivated person actually acts is influenced by his
or her perception of the situation.
(viii)Learning:
When people act, they learn. Learning involves changes in an individuals behavior arising from
experience. Most human behavior is learned. Learning theorists that learning is produced through
the interplay of drives, stimuli, cues, responses, and reinforcements.
88
1. Problem Recognition (awareness of need)--difference between the desired state and the
actual condition. Deficit in assortment of products. Can be stimulated by the marketer through
product information-- I.E., see a commercial for a new pair of shoes, stimulates your recognition
that you need a new pair of shoes.
3.Evaluation of Alternatives needs to establish criteria for evaluation features the buyer wants
or does not want. Rank/weight alternatives or resume search. May decide that you want to eat
something spicy. If not satisfied with your choices then return to the search phase. Can you think
of another alternative? Look in the yellow pages etc. Information from different sources may be
treated differently. Marketers try to influence by "framing" alternatives.
89
5. Purchase May differ from decision, time lapse between 4 & 5, product availability.
after sales
communication etc.
Buyer's level of involvement determines why he/she is motivated to seek information about a
certain products and brands but virtually ignores others.
High involvement purchases--Honda Motorbike, high priced goods, products visible to others,
and the higher the risk the higher the involvement.
Types of risk:
1-Personal risk
2-Social risk
3-Economic risk
90
91
SWOT ANALYSIS
92
93
RESEARCH OBJECTIVE
Research Objectives:
Research is one of the most vital part of the survey and is related to collection of information
and knowledge. Marketing Research is defined as the systematic design, collection, analysis,
and reporting of data and findings relevant to a specific marketing situation facing the
company. .
My main research objectives were as follows:
1. Building knowledge base on customers, competitors and markets for Mahindra store and
transferring that knowledge between strategic business unit and among key managers.
2. Conducting primary market research for Mahindra Digital Kanpur to ensure that projects
meet there objectives, are cost effective and avoid duplication of other work.
3. To measure the no. of customers visiting Mahindra Digital and their conversion ratio.
4. To explore the catchment area of Mahindra Digital Kanpur
5. To calculate the average amount of purchasing/day of the customers.
6. To get the concept of retailing and other related terms in context with Mahindra store.
7. To understand the consumer response and their preferences.
8. To understand the method of dissemination of information in the various management
stratus of Mahindra Digital.
9. To anticipate prospective consumers for the store.
94
CONCLUSIONS
95
CONCLUSIONS
This study was a learning experience for me and I came to know the training and development
programs in Mahindra and Mahindra, Kanpur was positive in response but still more training and
development is needed in Mahindra and Mahindra. So that the employees are motivated time by
time and they should know their strength & weakness so that they can work on it & improve
their knowledge & skills for the betterment of their organization.
In the last but not the least I conclude that all the training and development programs of company
are highly effective & beneficial to the employees in giving their best contribution to their
personal growth & development as well to meet the organizational object
96
BIBLIOGRAPHY
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