1.1 Introduction
Aligning and fully involving all our employees, suppliers and dealers to face
competition
They believe that everyone should contribute to the formulation of company policies, goals
and objectives. Secondly, at Maruti, they encourage leadership in the best sense of the word.
According to us, a leader is one who must be impartial, must have the ability to rise above his
own subjectivity, and, most importantly, must practice what he preaches.
They understand that the process of creating a sense of belonging that all employees can
identify with is a lengthy one. To ensure that this translates into concrete reality, they have
taken several simple but specific and well thought out measures. The first step in this
direction has been the introduction of a common uniform for all employees. Another measure
is the creation of a common canteen where all employees have lunch, stand in common
queues, and sit on the same table. Common toilets, common transport and similar facilities
for all levels of employees are other measures that reinforce their emphasis on genuine
equality in the workplace.
At Maruti They do not believe in the notion of organisational hierarchies. As a matter of fact,
the management structure and systems in Maruti have been designed to promote
decentralisation of authority. Maruti has a horizontal management structure with only four
functional levels of responsibility to facilitate quicker decision making.
Another focus area of the Maruti culture is the maintenance of a smoothly functioning
communication network. Maruti believes that communication channels between labour and
management cannot simply consist of having a labour representative on the Board of the
Company. They have faith in the ability of labour to effectively participate in management
and make constructive suggestions. To encourage this, they ensure that there is a thorough
dissemination of information at all levels, through newsletters or via a letter from the Chief
Executive to all employees. Meetings with the Union are held regularly, and programmes
being contemplated by the Company are discussed with the Union. The Sahyog Samiti, a
collection of representatives of non-unionised employees, training programmes in Japan,
Quality Circles, productivity-linked incentive schemes, and an ethos of discipline and
teamwork, all contribute to the Maruti culture.
Several measures of performance have made amply clear that Maruti has established a truly
healthy work culture. They have met all project and performance targets since inception.
Their productivity levels are constantly improving. The Company has had good labor
relations with employees from the very beginning, and they have been successful in the
export market. Yet, the Maruti culture is one that does not believe in resting on its laurels.
2
They adhere to the spirit of Kaizen, which states that constant improvement is always
possible. The most basic tenet of productivity that they hold dear is that " Today should be
better than Yesterday and Tomorrow should be better than Today".
Maruti Udyog Limited (MUL) was established in Feb 1981 through an Act of Parliament, to
meet the growing demand of a personal mode of transport caused by the lack of an efficient
public transport system.
Suzuki Motor Company was chosen from seven prospective partners worldwide. This was
due not only to their undisputed leadership in small cars but also to their commitment to
actively bring to MUL contemporary technology and Japanese management practices (which
had catapulted Japan over USA to the status of the top auto manufacturing country in the
world).
A license and a Joint Venture agreement was signed between Government of India and
Suzuki Motor Company (now Suzuki Motor Corporation of Japan) in Oct 1982.
The objectives of MUL then were:
Modernization of the Indian Automobile Industry.
Production of fuel-efficient vehicles to conserve scarce resources.
Production of large number of motor vehicles, which was necessary for economic growth.
Core Value
Customer Obsession
Vision
The leader in the India Automobile Industry, Creating Customer Delight and Shareholders Wealth; A
pride of India
3
Technological Advantage
We have introduced the superior 16 * 4 Hypertech engines across the entire Maruti Suzuki
range. This new technology harnesses the power of a brainy 16-bit computer to a fuelefficient 4-valve engine to create optimum engine delivery. This means every Maruti Suzuki
owner gets the ideal combination of power and performance from his car.
Our other innovation has been the introduction of Electronic Power Steering (EPS) in select
models. This results in better and greater maneuverability. In other words, our cars have
become even more pleasurable to drive.
Production/R&D
Spread over a sprawling 297 acres with 3 fully-integrated production facilities, the Maruti
Udyog Plant has already rolled out over 4.3 million vehicles. In fact, on an average, two
vehicles roll out of the factory every minute. And it takes on an average, just 14 hours to
make a car. More importantly, with an incredible range of 11 models available in 50 variants,
there's a Maruti Suzuki made here to fit every car-buyer's budget. And dream.
To know the monthly and yearly sales of Maruti Suzuki India Ltd.
To assess the records and improvement in the sales of various segments of the cars
offered.
To know the areas in which the dealers satisfy their customer and the areas that
they do not satisfy.
To come out with the conclusion and recommendations based on the analysis and
interpretation.
3) It is possible that the information supplied by the informants may be incorrect. So, the
study may lack accuracy.
4) Lack of available and/or reliable data The information provided by various sources was
outdated and required a lot of effort.
5) Language barrier was another issue faced by me as some of the respondents did not know
the local language.
6) The data has been collected from Mumbai and there the perception of the people from the
smaller towns could not be judged.
7) Chances of some biasness couldnt be eliminated.
8) Time and cost constraints were also there.
CHAPTER 2
Literature Overview
Steffi Joseph (2015-2016) examines that the automobiles sector is compartmentalized in four
different sectors which are as follows:
Passenger Vehicles which include passenger cars, utility vehicles and multi-purpose
vehicles
Austria based motorcycle manufacturer KTM, the established makers of Harley Davidson
from the US and Mahindra & Mahindra have set up manufacturing bases in India.
Furthermore, according to internal projections by Mercedes Benz Cars, India is set to become
Mercedes Benzs fastest-growing market worldwide ahead of China, the US and Europe.
As per the data published by Department of Industrial Policy and Promotion (DIPP), Ministry
of Commerce, Government of India, the cumulative FDI inflows into the Indian automobile
industry during April 2000 to October 2013 was noted to be US$ 9,079 million, which
amounted to 4% of the total FDI inflows in terms of US $. The production of compact
superbikes is also expected to take place in India. The country has a mass production base of
16 million two-wheelers and the several global as well as Indian bike makers are looking
forward to use it as an advantage in order to roll out sports bikes in the 250 cc capacity.
The world standing for the Indian automobile sector, as per the Confederation of the Indian
industry is as follows:
However, the year 2013-2014 has seen a decline in the industrys otherwise smooth-running
growth. High inflation, soaring interest rates, low consumer sentiment and rising fuel prices
along with economic slowdown are the major reason for the downturn of the industry.
Except for the two-wheelers, all other segments in the industry have been weakening. There
is a negative impact on the automakers and dealers who offered high discounts in order to
push sales. To match the decline in demand, automakers have resorted to production cuts and
lay-offs, due to which capacity utilization for most automakers remains at a dismal level.
Despite the comprehensive market being under extreme burden, the luxury car market has
observed a robust double-digit hike during the year 2013-2014, as a result of rewarding new
launches at compelling lower price points. Further, with the measured increases in the price
of diesel, the overall market continues to shift towards petrol-fueled cars. This has led to the
growth in sales of the 'Mini' segment of the PV market by of 5.5%
Fuel economy and demand for greater fuel efficiency is a major factor that affects
consumer purchase decision that will bring leading companies across two-wheeler and fourwheeler segment to focus on delivering performance-oriented products.
Sturdy legal and banking infrastructure
Increased affordability, heightened demand in the small car segment and the surging
income of the Indian population
India is the third largest investor base in the world
The Government technology modernization fund is concentrating on establishing
India as an auto-manufacturing hub.
Availability of inexpensive skilled workers
Industry is perusing to elevate sales by knocking on doors of women, youth, rural and
luxury segments
Market segmentation and product innovation
Employment Opportunities
There are a wide range of jobs available in the automobile industry in 2016. With the number
of vehicles available on the road today, the need and requirement for people who can fix
these machines is fast increasing. Careers like automobile technician, car or bike mechanics
are a great option. Becoming a diesel mechanic is also a significant alternative. Diesel
mechanics are responsible for repairing and servicing diesel engines. As they are also
required to repair engines of trucks and buses, other than cars, they are provided with hefty
wages.
If communication with people instead of repairing cars is what interests you, then you have
the opportunity of becoming a salesperson or sales manager in an automobile company.
Career opportunities in automobile design, paint specialists, job on the assembly line and
insurance of vehicles is also available.
Employment Trends
The Automotive Mission Plan for the period of 2006-2016 aims to make India emerge as a
global automotive hub. The idea is to make India as the destination choice for design and
manufacture of automobiles and auto components, with outputs soaring to reach US$ 145
billion which is basically accounting for more than 10% of the GDP. This would also provide
further employment to over 25 million people by 2016 making the automobile the sunrise
sector of the economy.
According to the Confederation of Indian Industry, the automobile sector currently employs
over 80 lac people. An extension in production in the automobile industry is forecasted, it is
likely to rise to Rs. 600000 crore by 2016.
As the auto-shows starts in February 2016, the industry promised a blend of technology and
auto motives. With the recession trend breaking its leashes form the past two years, 2016 is
expected to get back on track with the sales of automobiles in the country.
More than half the cars on the streets are going to be powered by diesel by 2020
10
Industry watcher Gartner indicates that 30 percent of motorists want parking info. The
facility is likely to come up after glitches in the infrastructure catch up.
High Performance Hybrid cars are likely to gain greater popularity among consumers.
The Indian automobile industry has a prominent future in India. Apart from meeting the
advancing domestic demands, it is penetrating the international market too. Favored with
various benefits such as globally competitive auto-ancillary industry; production of steel at
lowest cost; inexpensive and high skill manpower; entrenched testing and R & D centers
etc., the industry provide immense investment and employment opportunities.
11
Chapter 3
Research Methodology
The purpose of methodology section in the report making is to describe the research process
that is followed while doing the main part. This would however include the research design,
the sampling procedure, and the data collection method. This section is perhaps difficult to
write as it would also involve some technical terms. The methodology followed by during the
preparation of the report was:
Research Design
A research design is purely and simply the framework or plan for a study that guides the
collection and analysis of data.
Research Instrument
For doing the survey research, structured questionnaire with both open-ended and closedended questions was used.
Mode of Survey
The mode of survey was personal interview with the respondents during the filling up of the
questionnaires.
Personal Visits
As a part of the analysis, it was necessary to visit the dealers of Maruti Suzuki, as it would
always help me knowing the sales of different dealers. I visited different dealers and asked
different questions which are formatted in the questionnaire.
DATA SOURCES
Primary Data Primary data is that kind of data which is collected directly by the investigator himself for the
purpose of the specific study. Primary Data is collected by the investigator through interviews
of company employees, vendors, distributor etc. Data such collected is original in character.
The advantage of this method of collection is the authentic. A questionnaire of about 50
questions was made and it was given to the dealers to fill it up for our research. The research
was a kind of conclusive research as it helps in the testing of hypothesis. The method of
sampling was the Random method as it is unbiased.
12
13
Secondary Data When an investigator uses the data that has been already collected by others, is called
secondary data. The secondary data could be collected from Journals, Reports, libraries,
magazines, fair & conference and other publications. The advantages of the secondary data
can be It is economical, both in terms of money and time spent .The researcher of the report
also did the same and collected secondary data from various internet sites like
www.google.com, www.marutisuzuki.in, and many more. The researcher of the report also
visited various libraries for collection of the introduction part.
SAMPLE DESIGN:
While developing a sample design, following points should be kept in mind:
Sampling unit:
A decision has to be taken concerning a sampling unit before selecting sample. Sampling unit
may be a geographical one such as state, district, village etc. or a construction unit such as
house, flat etc. or it ,may be as social unit such as family, club, school etc. or it may be an
individual . The researcher will have to decide one or more of such units that he has to select
for his study
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15
Chapter 4
Classification and Tabulation of data.
Maruti Suzuki India Ltd. offers a wide range of product which are classified as
follows.
Maruti Suzuki offers 3 new car models in Midsize segment, 7 in Small segment, 6 in Utility
segment in India.
16
The Vitara Brezza is being offered only with the 1.3-litre turbocharged four cylinder engine
from the Swift but with the 89bhp setup as seen in the Maruti Ciaz. The engine will power
the front wheels through a five-speed manual transmission. The Vitara Brezza is a crossover
SUV, a soft-roader, but offers 198mm of ground clearance.
17
18
Coming to the powertrain, there are no changes to the petrol versions of the Ertiga facelift. It
continues to derive power from the 1.4-litre petrol engine producing 94bhp and 130Nm of
torque. However, apart from the five-speed manual transmission, the VXi version is also
available with the four-speed automatic transmission. The official fuel efficiency of the petrol
MT is 17.05kmpl
The diesel variants of the Ertiga are mated to the SHVS (Smart Hybrid Vehicle by Suzuki)
technology that improves the efficiency by 10 per cent to 15 per cent. Apart from the 1.3-litre
Fiat Multijet diesel engine producing 89bhp of power and 200Nm of torque, the car gets a
larger battery, regenerative braking and Integrated Starter Generator (ISG). This powers the
engine start-stop function every time the car comes to halt in traffic and also assist in
developing bottom-end torque. The ARAI fuel efficiency of the new diesel engine is
24.52kmpl.
19
20
The petrol versions of the Ciaz continue to use 1.4-litre K-series petrol engine producing
94bhp and 134Nm of torque. While there is no difference in the diesel engine either, it now
gets Integrated Starter Generator (ISG), larger battery and braking energy recuperation. The
larger battery is charged by the brakes, which help in engine start-stop, also the battery assists
the crank in developing torque and takes some load of the engine. The Ciaz hybrid has ARAI
rated efficiency of 28.09kmpl, making it the most efficient car in the country. The petrol
model continues to return 20.79kmpl. The diesel engine comes coupled with the five-speed
manual gearbox, the petrol on the other hand is available with a five-speed manual and fourspeed automatic transmission.
21
22
23
24
The Maruti Suzuki Swift continues to employ the 1.2-litre petrol mill and the 1.3-litre
Multijet diesel engine. The former produces 85bhp/114Nm while the latter does
74bhp/190Nm. Both engines are mated to a five-speed manual gearbox. Maruti Suzuki is
expected to offer an AT transmission for the Swift in 2015 making it a highly competitive
offering in the segment.
25
26
Maruti Suzuki has introduced their latest crossover SUV - the S-Cross.
Engines
1248 cc, Diesel, 89 bhp @ 4000 RPM power
1598 cc, Diesel, 118 bhp @ 3750 RPM power
27
28
The Alto K10 gets the 1.0-litre three pot K10B petrol mill which produces 67bhp and 90Nm
of torque. Power is sent to the front wheels via a five-speed manual. Maruti is now also
offering the five-speed AMT from the Celerio in the K10. This seemed like a logical step as
this is same engine powering the former. The same 1.0-litre engine is also being offered with
CNG compatibility.
29
30
31
32
All the variants of the Eeco are powered by a 1.2-litre petrol engine which gives a power
output of 73bhp at 6,000rpm and a torque of 101Nm. This engine is mated to a five-speed
manual gearbox with Diagonal Shift Assistance (DSA) that powers the rear wheels. The
engine is positioned in the middle, which improve the dynamics of the car. The 1196cc
engine boasts of many technologies like engine management system which enhances
performance as well as fuel efficiency. The ARAI fuel efficiency figures are 15.1 kmpl for
petrol and about 20 kmpl for CNG.
33
34
The car gets a new 800cc petrol engine, which is BSIV compliant and delivers a fuel
economy of 24.7kmpl, 9 per cent more than the previous engine. The base version of the Alto
800 doesnt even have an air conditioner. Maruti Suzuki also offers a CNG variant with many
buyers opting for premium models over entry-level cars for the diesel or alternative fuel
options. With CNG, the Alto is expected to run 33.44km per kg, an improvement of 10 per
cent.
35
36
The engine is the famed 1.3-litre Fiat Multijet unit. So, no problem there. It only makes
74bhp and 190Nm of torque under the Dzires hood. It is the automated manual transmission
or AMT that the Dzire is mated to that takes some of the fun out of driving
Engines
1197 cc, Petrol, 83 bhp @ 6000 RPM power
1248 cc, Diesel, 74 bhp @ 4000 RPM power
37
38
The car is now powered by a new K10B series engine, which obviously is BS-IV spec to
meet with current emission regulations. Its a three cylinder 998cc power plant that puts out
all of 67Bhp at 6200rpm and 90Nm of torque at 3500rpm. This engine is not just BS-IV but is
also E10 (Ethanol 10% mix) compliant, making it more environmentally friendly.
39
40
The petrol versions of the Baleno are powered by the 1.2-litre K-Series VVT engine
developing 83bhp and 115Nm of torque. The fuel efficiency of the engine is officially rated at
21.4kmpl and it is available with a choice of a five-speed manual or the CVT automatic
transmission. The diesel engine is the same 1.3-litre multijet from the Swift producing 75bhp
and 190Nm of torque. It uses the five-speed manual gearbox and has a claimed fuel
efficiency of 27.39kmpl.
41
42
43
44
45
46
47
48
Product
Alto 800
2.68 L onwards
Omni
2.89 L onwards
Alto K10
3.52 L onwards
Eeco
3.53 L onwards
Celerio
4.28 L onwards
Wagon R
4.36 L onwards
Ritz
4.62 L onwards
Stingray
4.88 L onwards
Swift
4.96 L onwards
Baleno
5.55 L onwards
Swift Dzire
5.60 L onwards
Gypsy
5.68 L onwards
Eritga
5.81 L onwards
Vitara Brezza
7.64 L onwards
Ciaz
8.09 L onwards
S Cross
8.59 L onwards
49
Chapter 5
Analysis and Interpretation of data
50
Market leader Maruti Suzuki has registered a growth of 13.91 per cent by
selling 1,25,764 units in July 2016 as compared to 121,712 units in July
2015. This includes 1, 14,426 units in the domestic market and 11,338 units
of exports.
Company also claims this is its highest ever sales in a month in the
domestic market. The Utility vehicle segment which is heavily dominated by
the company's latest SUV Vitara Brezza and other cars like the SCross registered a 151.3 per cent growth by selling over 17 thousand units
in July 2016 as compared to 6916 units in July 2015.
51
The compact segment compromising of Swift , Ritz , Baleno and Celerio also
saw an increase of 4.1 per cent YoY as the company sold 50,362 units in this
segment as compared to 48,381 units same month last year.
Overall in the FY 2016-17 from the period April 2016 to July 2016 the company sold
4,48,118 units in the domestic market registering a YOY growth of 7.7 per cent the
company sold 4,16,099 units same period last financial year.
Maruti Suzuki's Exports saw a marginal increase by 0.3 per cent in July 2016 by
exporting 11,338 units but overall exports this Financial year from April-July 2016 saw
a major decline by -20.2 per cent by exporting 37,441 units as compared to 46,942
units in April-July 2015.
52
53
Chapter 6
PEST ANALYSIS
In order to understand the conditions under which the Maruti products were launched in the
Indian market, its necessary to analyse the factors that influenced its effectiveness.
Political Conditions
Maruti Suzuki entered India when liberalization was at its peak. As a result, everyone
was very open to the idea of foreign companies collaboration (Maruti India + Suzuki Japan)
setting up base in India.
The government insisted on the Companies using 70% local content in the
manufacture of the cars as they would have generated tremendous revenue for India. Maruti
Suzuki achieved this in a very short time.
A positive EXIM policy also has helped Maruti Suzuki to boost its top line with
Economic Conditions
The economic conditions during the launch of Maruti Suzuki were very relaxed and
liberal. Maruti Suzuki was launched when the country had just opened its doors to
liberalization. So there were no strict norms or bylaws that the company had to adhere by.
The resources available in India were utilized by the multinationals (Suzuki), which
A booming banking sector and a phenomenal growth in Auto Loans market has made
Social Conditions
A rise in Middle class and concept of small nuclear families has propelled a demand
of B-Segment cars. Maruti Suzuki provides an exact choice for this demand leading to its
high growth.
54
Technological Conditions
Since Maruti Suzuki manufacturers everything from the smallest of screws to the biggest of
machines in its factory it is able to maintain the efficiency of the machines. Maruti Suzuki
therefore manufactures cars under best of conditions with the best of machinery. As a result,
the cars manufactured are of top quality.
55
Chapter 7
SWOT Analysis
Maruti Suzuki is the market leader in India and has an amazing brand equity. Maruti is
known for the service it provides and is synonymous with Maruti 800 the longest running
small car in India. Here is a SWOT of Maruti Suzuki, its strengths, weaknesses, opportunities
and threats.
Maruti Udyog limited (MUL) is in a leadership position in the market with a market
share of 48.74
Major strength of MUL is having largest network of dealers and after sales service
centres in the country.
Good promotional strategy is adopted by MUL to transfer its thoughts to the people
about its products.
Maruti Suzuki recorded highest number of domestic sales with 9, 66,447 units from
and 7, 65,533 units in the previous fiscal. It recently attained the 10million domestic sales
mark.
Strong Brand Value and Loyal Customer Base are big strengths for MUL
There are around 15 vehicles in Maruti Product portfolio. Has good product lines with
good fuel efficiency like Maruti Swift, Diesel, and Alto etc.
Alto still beats the small car segment with highest number of sales
MUL is the first automobile company to start second hand vehicle sales through its
True-value entity.
56
MUL has good market share and hence its after sales service is a major revenue
contributor.
57
Low interior quality inside the cars when compared to quality players like Hyundai
and other new foreign players like Volkswagen, Nissan etc.
Government intervention due to having share in MUL.
Younger generations started getting a great affinity towards new foreign brands
The management and the companys labour unions are not in good terms. The recent
strikes of the employees have slowed down production and in turn affecting sales.
Maruti hasnt proved itself in SUV segment like other players.
MUL has launched its LPG version of Wagon R and it was a good move
simultaneously
MUL can start R&D on electric cars for a much better substitute of the fuel.
Marutis cervo 600 has a huge potential in tapping the middle class segment and act as
a strong threat to Nano
New DZire from Maruti will capture the market share and expected to create the same
magic as Maruti Esteem(currently not available)
Export capacity of the company is giving new hopes in American and UK markets
Economic growth of the country is constantly increasing and the government is
working hard to increase the GDP to double digit.
MUL recently faced a decline in market share from its 50.09% to 48.09 % in the
previous year(2011)
Major players like Maruti Suzuki, Hyundai, and Tata has lost its market share due to
many small players like Volkswagen- polo. Ford has shown a considerable increase in market
share due to its Figo.
Tata Motors recent launches like Nano 2012, Indigo e-cs are imposing major threats
to its respective competitors segment
China may give a good competition as they are also planning to enter into Indian car
segment
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59
Chapter 8
8.1Findings.
THE PRODUCTION PROCESS AT MARUTI
STEEL COILS
BLANKING
PRESSING
WELDING
PAINTING
FROM
VENDORS
ASSEMBLY
VEHICLE INSPECTION
TEST RUN
FROM
VENDORS
FROM
VENDORS
Sales
Car Manufacturer Sales MIS for May 2016
Maruti Suzuki
10.6%
1.13 Lakh
1.03 Lakh
Hyundai India
10.4%
41351
37450
8%
19635
18135
Toyota Kirloskar
6%
12200
11511
(25.88%)
9954
13431
61
Tata Motors
(23%)
8617
11138
Renault India
132%
8343
3601
Ford India
22.3%
5780
4726
Volkswagen
(14%)
3591
4175
(5%)
3506
3682
(20%)
2615
3288
Manufacturer
Maruti Suzuki
49.19%
Hyundai India
17.93%
8.51%
Toyota Kirloskar
5.29%
4.32%
Tata Motors
3.74%
Renault India
3.62%
Ford India
2.51%
Volkswagen
1.56%
1.52%
Chevrolet India
1.13%
Skoda
0.39%
Fiat
0.22%
Mitsubishi
0.09%
- Maruti Suzuki continues to rule the Indian Automobile Industry with a market share of
almost 50%.
- The company has introduced new products to increase its market share.
- Premium utility vehicles have been introduced in the new NEXA showrooms which
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Maruti Suzuki India and Hyundai Motors India, the top two carmakers in the country, have
set the tempo for last month, both clocking handsome sales for the month and the overall
fiscal year. Joining them in the sales spree is Mahindra & Mahindra.
For the just-ended 2015-16 fiscal year, the sales figures of the top three passenger vehicle
(PV) makers in the country indicate that the Indian PV industry seems to be on track for
posting healthy growth. Maruti Suzuki India and Hyundai Motor India, the top two players in
the country, reported their best-ever domestic sales for the fiscal ended March 31, with
growth of 11.5% and 15.1% respectively. Third in terms of market share and the largest UV
maker in the country, Mahindra & Mahindra also reported a 6% rise in sales after two
consecutive double-digit declines in the last two fiscals. As of February, the top three
manufacturers constituted 72.61% share in the PV market. During FY 2014-15, the top three
manufacturers in the country Maruti Suzuki India, Hyundai Motor India and Mahindra &
Mahindra had sold a total of 1,815,338 units. In 2015-16, these manufacturers have sold
2,026,282 units, registering a YoY growth of 11.62%. A slew of product launches, softening
interest rates and benign fuel prices played a big role in driving consumer demand for
passenger vehicles throughout 2015-16. However, a challenging regulatory environment and
fluctuating policy decisions during the last quarter of the fiscal did cap the overall growth
potential for the industry.
Maruti Suzuki India sold 118,895 units in March 2016, up 14.6% year on year (March
2015: 103,719) with new models like the Baleno and Vitara Brezza making their impact.
While the entry level duo of the Alto and Wagon R sold 36,678 units, down 8.7 percent
(March 2015: 40,159), the compact car quintet of the Swift, Ritz, Dzire, Celerio and Baleno
sold 46,786 units, up 20.9 percent (March 2015: 38,710). Demand for the premium Ciaz
sedan is on the rise, having sold 5,480 units, up 28.9 percent (March 2015: 4,251). Another
solid contribution came from Marutis UVs the Gypsy, S-Cross, Ertiga and Vitara Brezza
which together sold 13,894 units, up 123.4% YoY (March 2015: 6,218) and also the Omni
and Eeco vans, which sold 12,896 units, up 9.6 percent (March 2015: 11,768).
With this, the company has ended 2015-16 with its highest-ever sales of 1,305,351 units, a
growth of 11.5% YoY in the domestic market (2014-15: 1,170,702). Yet another high is that,
for the fourth year in a row, the top four best-selling models in in the country are from Maruti
cars: the Alto, Dzire, Swift and the Wagon R. On the export front too, the carmaker has
64
notched its highest numbers yet: 123,897 units, up 1.8% (2014-15: 121,173).
65
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8.3 Conclusion
Maruti Udyog Ltd., a joint venture between the Government of India and the Suzuki Motor
Corporation of Japan was Indias largest automobile company in 2005. It operated in the
passenger vehicle market and manufactured affordable and fuel efficient cars for the Indian
masses. Maruti 800 was its flagship small sized car and was the bestselling car in India since
decades. In 2005, Suzuki launched their global car Swift in international markets and later
in India. Swift was the first stylish compact car from the stable of Maruti and was a
differentiator from its earlier products. The launch of Swift had brought Maruti in lime-light
and various global international automobile manufacturers announced their plans to boost
their investments in India and launch competing cars. The competition was expected to
intensify to grab the burgeoning customer base.
The Indian car market currently appears to be at a crossroads, where car marketers are
attempting to change customer perceptions of their brands and where specific buying
motivations appear to be replacing generalities.
This meanwhile is quite unlike the west where buyers consider aesthetics, comfort and safety,
not necessarily in that order, before finalizing a purchase. Its smarter to think about
emotions and attitudes, if marketers are to do a better job of marrying what a car offers to the
consumers image of the offerings.
The mindset of the Indian consumer is such that he is delighted if he buys a pen a little
cheaper than his neighbor. Things are, however, slowly changing and customers at the upper
end of the market are now ready to pay more for more. I hope that this approach will soon
enter the small car segment, maybe not with the same intensity.
Success will largely be determined to the extent a company can differentiate itself in terms
of intangibles that go with a car. Thus, success could well hinge on the best of bundle of
services that a carmaker can provide. Maruti Suzuki grew from zero to the 500,000 mark and
the number One sales spot in India in just five years. Looking at the present scenario it can be
said that though there is lot of competition in the auto world Maruti Suzuki is picking up
well.
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Bibliography.
1) http://www.autocarpro.in/analysis-sales/india-sales-analysis-march-2016-11039/page/2?
id=11039
2) www.carwale.com
3) http://www.mycarhelpline.com
4) http://www.ibef.org/industry/india-automobiles.aspx
5) http://www.tradingeconomics.com/india/car-registrations
6) http://www.siamindia.com/statistics.aspx?mpgid=8&pgidtrail=9
7) http://www scribd.com
8) http://www autocarindia.com
9) http://www Autoportal.com
10) http://www Marutisuzuki.com
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ANNEXURE
QUESTIONNAIRE
NAME OF THE DEALER: Excell Autovista Ltd.
ADDRESS: 257, Swami Vivekananda Rd, Bandra West, Next to Shroff Eye Hospital,
Mumbai, Maharashtra 400050
1.
From how many years are you selling Maruti Suzuki cars?
a)
c)
2.
b)
b)
c)
d)
e)
b)
No
3.
4.
5.
Yes
Price
b)
Quality
c)
d)
other
6.
Petrol
c)
LPG or GAS
b)
Diesel
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7.
8.
Going up
c)
Remains constant
b)
Going down
9.
What is the reason Maruti has less models in the segment D and E.?
10.
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PART B
1) Organization :i) Why was it selected?
- Excell Autovista Pvt Ltd was selected because it is one of the biggest authorized dealership
of Maruti Suzuki cars in Mumbai.
- It was also selected to study the sales pattern of various cars and understand the process of
selling.
- I also wanted to know more about the cars offered by Maruti Suzuki and the Automobile
Industry.
- Since Maruti Suzuki is the largest selling car brand in India, it gave me an opportunity to
meet and handle many different types of customers which boosted my self-confidence and
helped me with my communication skills at various levels.
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- The services offered by Excell Autovista are as follows:1) Sale of new Maruti cars
2) Car loans from Maruti Suzuki
3) Sale of genuine Maruti Suzuki accessories
4) Sale of used cars
5) Top up loan on used cars
6) Maruti Suzuki authorized service
7) Financial assistance for new and used cars.
8) Car exchange program
9) Car insurance and Renewal
10) Maruti Suzuki authorized driving schools.
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2) Learning objectives
- The professional internship is intended to provide a learning opportunity for us to apply
our knowledge and skills acquired in the classroom to a professional context, understand
what skills are transferable to new contexts, identify and understand the practices and
protocols of the organization, successfully reflect on the quality of the contribution they
have made to the organization, refine and reassess their own career goals as a result of the
experience.
The learning objectives are defined as follows:- Creative Skills: Learn the new technology or apply existing knowledge in new ways,
create work based on the needs of employer; gain new skills and experience with new
media or other tools that will build your resume or portfolio.
- Professional Skills: Learn professional skills by participating in a professional work
environment; observe and gain understanding of office hierarchies and be able to define
effective and efficient practices, develop a mentoring relationship and a professional
network, accomplish tasks or participate in projects that will showcase your skills and
also be utilized in resume and portfolio building, observe professional etiquette including
dress code and proper methods of communication.
- Communication Skills: Gain writing and verbal communication skills; gain ease in
talking with clients and co-workers; gain experience and confidence in expressing ideas,
practice listening and internalizing/accepting criticism and utilization of positive
feedback.
- Industry Awareness: Learn how a particular industry works; learn how various
companies differ from one another, gain understanding of different consumer markets.
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