Maruti Suzuki
Maruti Suzuki
Maruti Suzuki
ON
(2017 - 2020)
1
FACULTY GUIDE CERTIFICATE
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DECLARATION
Shubham Chaudhary
B.B.A (Vth SEMESTER)
ROLL No. - ...................
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ACKNOWLEDGEMENT
I am indebted to all staff members of Maruti Suzuki for their valuable support
and co-operation during the entire tenure of the project. Not to forget, all those
who have kept our spirits surging and helped me in delivering my best.
CONTENTS:
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CHAPTER 1: INTRODUCTION
CHAPTER 5: ANALYSIS
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5.1 Data Analysis.
6.2 Recommendations.
APPENDICES
Annexure are like copy of questionnaires, interview schedule.
BIBLIOGRAPHY
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CHAPTER 1
INTRODUCTION
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1.1 General introduction about the sector.
Over a period of more than two decades the Indian Automobile industry has
been driving its own growth through phases. The entry of Suzuki
Corporation in Indian passenger car manufacturing is often pointed as the
first sign of India turning to a market economy. Since then the automobile
sector witnessed rapid growth year after year. By late-90's the industry
reached self reliance in engine and component manufacturing from the status
of large scale importer. With comparatively higher rate of economic growth
rate index against that of great global powers, India has become a hub of
domestic and exports business. The automobile sector has been contributing
its share to the shining economic performance of India in the recent years.
With the Indian middle class earning higher per capita income, more people
are ready to own private vehicles including cars and two-wheelers. Product
movements and manned services have boosted in the sales of medium and
sized commercial vehicles for passenger and goods transport. Side by side
with fresh vehicle sales growth, the automotive components sector has
witnessed big growth. The domestic auto components consumption has
crossed rupees 9000 crores and an export of one half size of this figure
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the recent years.As per Society of Indian Automobile Manufacturers (SIAM)
the market share of each segment of the industry is as follows:.
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Top Ten Players in Indian Automobile Sector
Mahindra Group
Ashok Leyland
Yamaha Motor India
Hyundai Motors India Limited
Maruti Suzuki Kirloskar Motor Private Limited
Honda Siel Cars India Limited
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5 million by 2015 and more than 9 million by 2020.[6] By 2050, the country
is expected to top the world in car volumes with approximately 611 million
vehicles on the nation's roads.
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On May 11, 2011, Maruti announced its plans to design new car models at
its Rohtak Plant in India. The new car models will be crafted for the next
four years for the Indian and International Market. Maruti is experimenting
with new car models in an effort to stay ahead of its competition and will be
responsible for 25 per cent of Suzuki, its parent company’s, revenues. In the
financial year 2010-2011 Maruti Suzuki reported a net sales figure of 37,522
crore rupees. Maruti will invest in a new plant in Gujarat which will produce
6 million units a year which is being done in an effort to make the company
the leader in the car market. The company is having a look at different plants
as shown by the Government of India. In another effort, Maruti will
introduce four new cars in the Indian market: The mass-market hatchback, a
utility vehicle, a new and improved Swift, and a unique SX4. The company
plans to release the design of the YE3, the hatchback by June-July 2011
while the car will actually be shown in the Auto Expo 2012. The company
plans to design the YE3 without any involvement of Suzuki which is a major
feat since most of its cars have been designed in collaboration with Suzuki in
the past. The YE3 will be a four-door, four seat hatchback and will be
available in a 600-800cc engine and a five speed manual transmission. The
company also plans to launch the Maruti R3 under a different name. The
Maruti R3 is a Multi-Utility Vehicle that will come in a Rs. 7 lakhs - Rs. 9
lakhs ex-showroom price and is a six-seater compact van strapped with three
rows of seats and rear-hinged rear doors. The car will come in both 1.2 litre
K-Series engines and a 1.6 litre Variable Valve Timing engine, each of
which have been present in the popular models of Swift and SX4. The R3
will compare to an Innova. The company plans to sell it in emerging
markets. It will be showcased in the Auto Expo 2012. The company plans to
get a diesel engine for the car from Volkswagen. The third new model of
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Maruti, the new Swift will be launched by July 2011 will a 1.3 litre multi-jet
diesel engine and a 1.2 litre K-Series engine. The new Swift fall in the Rs.
3.5 - 5.5 lakhs bracket depending on the model and approximately 17,000
units will be produced each year. Along with coming up with new cars and
new plants, Maruti is also expanding its transportation capacity. The
company has forged partnerships for this with the Adani group to set up a
mega car terminal at the Mundra port.
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CHAPTER - 2
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2.1) ORIGIN OF MARUTI SUZUKI
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(3)A licence and a Joint Venture agreement was signed between Govt of
India and Suzuki Motor Company (now Suzuki Motor Corporation of Japan)
in Oct 1982
Type Public
Industry Automotive
Founded 1981
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Key people Shinzo Nakanishi
(CEO & MD)
Products Automobiles
Website www.marutisuzuki.com
Our Vision
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Our core values
1) Customer obsession.
2) Fast, Flexible and First mover.
3) Innovation and creativity.
4) Networking and partnership.
5) Openness and learning.
Technological Advantage
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Production /R & D
PRODUCTION MILESTONES
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vii) 10,00,000 vehicles produced by March, 1994
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MILESTONES
2005
2004
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Alto becomes India's new bestselling car
2003
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Production of 4 millionth vehicles. Listed on BSE and NSE after a
public issue oversubscribed 10 times
2002
WagonR Pride
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2001
Zen LXi
Alto Vxi
Launch of versa
2000
New Alto
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Altura, a luxury estate car
1999
Wagon R
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1998
1997
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1996
1995
1994
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Esteem1.3L (1298cc, 3 box car)LX
1993
1992
1991
1990
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Maruti 1000(970cc, 3 box), India’s first contemporary sedan
1988
1987
1986
1985
1984
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Omni, a 796cc MUV
Installed capacity reached 40,000 units
1983
1982
1981
Maruti Udyog Ltd was incorporated under the provisions of the Indian
Companies Act,
1956
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2.3) Organization Structure of Maruti
Organization Structure
Managing Director
R. Bhargava Engineering
KA
Director
Director
Managing Executive
Officer
Director MP
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Manvinder Banga
Adminstration
Director SS
Pallavi Shroff
Production
Director TO
Kenichi Ayukawa
Supply chain
Director SM
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2.3 product and services of the Maruti suzuki
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Maruti 800 has gone beyond just being a car; it has transformed the lives of
millions of people across the country by bringing the joy of motoring to
them.
ALTO Let’s Go
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ESTILO Take a fresh view of life
With its aerodynamic contours and smooth curves, the Estilo is a perfect
combination of sturdiness and class. The all-new Estilo comes with the K-
series engine, Detent Pin Transmission Technology and cable system that
offer smooth gear shifting and great handling.
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Stop @ nothing
A-STAR
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The Ritz combines modern European design, the latest in engine technology
and Suzuki's global expertise in compact cars. It is an exceptional blend of
modern design and practicality with its aerodynamic share and best-in-class
headroom and legroom. The K12M petrol engine and 1.3 litre DDiS diesel
engine powering the Ritz are supremely refined and silent.
he new Swift comes with a new platform that makes it longer and wider.
Lighter body-weight along with improved engine dynamics, leads to best-in-
class acceleration and a high power to weight ratio. While the plush, eye-
riveting interiors add exuberance, the new Swift gets an enhanced external
appeal with futuristic styling yet retains the characteristic sporty, bold and
youthful DNA of 'brand Swift'. The new Swift is powered by the advanced
K-series and DDiS engines.
*Launched in August 2011
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DZIRE The heart car
With its desirable exteriors and luxurious interiors, the DZire is a car that
has everything one can desire. The car comes with excellent handling and
luggage space and a spirited engine. It has reassuring security features such
as dual front airbags, Anti-lock Brakes System (ABS) and Electronic
Brakeforce Distribution (EBD).
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Brake System (ABS) and Electronic Brake-force Distribution (EBD) are the
SX4's salient features. The recently added VVT technology adds a feather to
its crown. SX4 now also comes with a 1.3 litre diesel engine.
KIZASHI
Kizashi with its dynamic contours mirrors an athlete in motion and makes a
bold and powerful impression. The fine balance of elegance and sportiness
makes it a design marvel. A product of in-house engineering and designing by
Suzuki, it is India's first sports luxury sedan. Powered by a 2.4 litre
engine, the car has upscale interiors and excellent safety features provided by
the eight standard airbags.
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Distinctively styled, the third generation Grand Vitara takes three decades of
Suzuki SUV heritage to the next level. The Vitara model first hit the roads in
Japan in 1988 as a 3-door part-time four wheel drive . In its second avatar, the
Vitara came armed with a stylish design, superior engineering and a new
name, the Grand Vitara.
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EECO Happiness family size
Be it a short trip, a picnic or a drive to the market, things are always best
enjoyed when done with the family. Eeco has a perfect mix of power, style,
space, comfort and safety that ensures you and your family have an
enjoyable experience every time. The Eeco is available as a 5-seater and a 7-
seater and in the cargo version as well.
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With superb manoeuvrability, smooth handling and raw energy, packed into
a sleek yet rugged frame, the Gypsy King is the real adventure MUV
whether ploughing through dirt tracks, climbing formidable terrain or
making way through city traffic. Maruti Suzuki is proud to support the
operations of the country's defence services with the tailor made Gypsy
King.
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The company was first established as National Motor in 1937 in Bupyeong-
gu, Incheon, South Korea. The name was changed to Saenara Motor in
November 1962. Saenara was assembling and selling Datsuns Bluebird
P310.[1] Very first automobile company in Korea, Saenara was equipped
with modern assembly facilities, and was established after the Automobile
Industry Promotion Policy was announced by the South Korean government
in 1962.[2] Saenara Motor was then bought by Shinjin Industrial in 1965,
which changed its name to Shinjin Motors after establishing collaborations
with Toyota. After Toyota's withdrawal in 1972, Shinjin Motor started a
joint venture with General Motors under the name General Motors Korea
(GMK), but was renamed again in 1976 to Saehan Motor. GMK shortly sold
their Rekord under the GMK marque, together with the Holden Torana
based Chevrolet 1700.
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British car that dates back to 1954. One of the original three car
manufacturers in India, founded in 1942 by Mr. B.M. Birla,it was a leader in
car sales until the 1980s, when the industry was opened up from protection.
Manoj Jha was the Managing Director and R.Yeshwanth. Mr.Manoj Jha
stepped down from the post on 21 February '2012.It began in Port Okha near
Gujarat, and in 1948, moved to West Bengal. The Place is now Called
Hindmotor.
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its name to Mahindra & Mahindra in 1948.[4] It is ranked #21 in the list of
top companies of India in Fortune India 500 in 2011
(4)Tata Motors
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United Kingdom, South Korea, Thailand and Spain. Among them is Jaguar
Land Rover, a business comprising the two British brands which was
acquired in 2008. In 2004, it acquired the Daewoo Commercial Vehicles
Company, South Korea's second largest truck maker. The rechristened Tata
Daewoo Commercial Vehicles Company has launched several new products
in the Korean market, while also exporting these products to several
international markets. Today two-thirds of heavy commercial vehicle
exports out of South Korea are from Tata Daewoo. In 2005, Tata Motors
acquired a 21% stake in Hispano Carrocera, a reputed Spanish bus and coach
manufacturer, and subsequently the remaining stake in 2009. Hispano's
presence is being expanded in other markets.In 2006, Tata Motors formed a
joint venture with the Brazil-based Marcopolo, a global leader in
bodybuilding for buses and coaches to manufacture fully built buses and
coaches for India and select international markets. In 2006, Tata Motors
entered into joint venture with Thonburi Automotive Assembly Plant
Company of Thailand to manufacture and market the company's pickup
vehicles in Thailand. The new plant of Tata Motors (Thailand) has begun
production of the Xenon pickup truck, with the Xenon having been launched
in Thailand in 2008. Tata Motors is also expanding its international footprint
by franchises and joint ventures assembly operations in Kenya, Bangladesh,
Ukraine, Russia, Senegal and South Africa. 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
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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, a development which signifies a first for the global automobile
industry. Nano brings the comfort and safety of a car within the reach of
thousands of families. The standard version has been priced at USD 2,200 or
Rs.100,000 (excluding VAT and transportation cost). The Tata Nano has
been subsequently launched as planned, in India in March 2009.
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CHAPTER 3
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FEATURES OF CRM IMPLEMENTED
AT MARUTI
IMPLEMENTING CRM
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To be effective, the CRM process has been integrated with end-to-end across
marketing, sales, and customer service.
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ARCHITECTURE OF CRM AT MARUTI
OPERATIONAL CRM
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Sales people and service engineers can access complete history of all
customer interaction with the company, regardless of the touch point .
SFA automates the critical sales and sales force management functions of
Maruti, i.e., lead/account management, contact management, quote
management, forecasting, sales administration, keeping track of customer
preferences, buying habits, and demographics, as well as performance
management. SFA tools are designed to improve field sales productivity.
Key infrastructure requirements of SFA are mobile synchronization and
integrated product configuration.
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Enterprise marketing automation (EMA)
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ANALYTICAL CRM
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Financial Forecasts
Pricing Optimization
Product Development
Program Evaluation
Risk Assessment and Management
COLLABORATIVE CRM
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Integrates view of the customer while interaction at the transaction
level
CRM, in its broadest sense, means managing all interactions and business
with customers. This includes, but is not limited to, improving customer
service. The CRM program allows Maruti to acquire customers, service the
customer, increase the value of the customer to the company, retain good
customers, and determine which customers can be retained or given a higher
level of service. A good CRM program can improve customer service by
facilitating communication in several ways :
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types of contact are included, and all users of the system see the same
view of the customer (reduces confusion).
Help to identify potential problems quickly, before they occur.
Provide a user-friendly mechanism for registering customer complaints
(complaints that are not registered with the company cannot be
resolved, and are a major source of customer dissatisfaction).
Provide a fast mechanism for handling problems and complaints
(complaints that are resolved quickly can increase customer
satisfaction).
Provide a fast mechanism for correcting service deficiencies (correct the
problem before other customers experience the same
dissatisfaction).
Use internet cookies to track customer interests and personalize
product offerings accordingly.
Use the Internet to engage in collaborative customization or real-time
customization.
Provide a fast mechanism for managing and scheduling maintenance,
repair, and on-going support (improve efficiency and effectiveness).
The CRM can be integrated into other cross-functional systems and
thereby provide accounting and production information to customers
when they want it.
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IMPROVING CUSTOMER RELATIONSHIPS
CRM technology can track customer interests, needs, and buying habits as
they progress through their life cycles, and tailor the marketing effort
accordingly. This way customers get exactly what they want as they
change.
The technology can track customer product use as the product progresses
through its life cycle, and tailor the service strategy accordingly. These way
customers get what they need as the product ages.
In industrial markets, the technology can be used to micro-segment the
buying centre and help coordinate the conflicting and changing purchase
criteria of its members.
When any of the technology-driven improvements in customer service
(mentioned above) contribute to long-term customer satisfaction, they can
ensure repeat purchases, improve customer relationships, increase
customer loyalty, decrease customer turnover, decrease marketing costs
(associated with customer acquisition and customer “training”), increase
sales revenue, and thereby increase profit margins.
Repeat purchase, however, comes from customer satisfaction - which in
turn comes from a deeper understanding of each customer, their individual
business challenges and proposing solutions for those challenges rather
than a "one size fits all" approach.
CRM software enables sales people to achieve this one on one approach to
selling and can automate some elements of it via tailorable marketing
communications. However, all of these elements are facilitated by or for
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humans to achieve - CRM is therefore a company-wide attitude as much
as a software solution.
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Understanding the insurance renewal process and the tariff chart
with exceptions.
Handling the case for insurance claim process
Preparation of daily report in the given format
Greeting and congratulating the customer at the delivery area
Handling cases related to registration of commercial vehicles.
Handling the accessories counter along with the team members
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sponsors, outsourcers and end-users cannot be over emphasised.
Managing the relationship with external outsourcing service providers
was identified as being particular important
6. Effective change management that ensured smooth inter and intra-
organisational transformation
7. Effective management of multiple stakeholders where regular meetings
with direct stakeholders were carried out to ensure that all requirements
and expectations have been met, and any conflicts between stakeholder
interests were resolved
8. Regular progress meetings which helped to evaluate stages in project
development
9. Effective and continued communication among the parties was sustained
and helped in leading to project success
10.Skilled and competent staff - the empowerment and flexibility of staff
to adapt to the new environment, helped in achieving success in the
complex IT projects.
11.User involvement - project managers should pay particular attention to
the customer side of the project delivery and ensure the continuous
involvement of end users throughout the project life-cycle
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CHAPTER 4
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4.1 )Statement of research problem
The object of report is not only to focus on competitors but also to get the
competitive position in the national as well as international market through
customer satisfaction. These are as follows.
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To know about the marketing strategies used by Maruti Suzuki..
To know about the marketing strategies of the competitors of Maruti
Suzuki
To find out the market share of Maruti Suzuki.
To know where Toyota stands as far as the BCG -matrix models
concerned.
This project depends upon the primary as well as secondary sources which
are as follows.
Primary Source:
Observation
Experiment
Talking with consumers,retailers and distributors.
Secondary Source:
Balance sheet of the company
Company website
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STATISTICAL AND PRESENTAION TOOLS
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CHAPTER 5 : ANALYSIS
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5.1) Data Analysis
YES
24%
YES
NO
NO
76%
INFERENCE:
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2) CUSTOMER SATISFACTION RATING
CUSTOMER SATISFACTION
17%
SATISFIED
D IS S A T IS F IE D
83%
INFERENCE:
83% of the Respondents were satisfied with their cars and the services
of MARUTI SUZUKI
However 17% of the Respondents were dissatisfied at the same time.
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3) PREFERENCES OF BUYING A NEW CAR
40
30
20
10
0
TOYOTA HYUNDAI MARUTI HONDA
INFERENCE:
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4 )WHERE DO YOU MANAGE TO FIND INFORMATION
ABOUT MARUTI SUZUKI.
12%
DEALERS
20%
PRINT MEDIA
T.V.
55%
INTERNET
13%
INFERENCE:
Information through Internet and Print media accounts for more than
half or 75% of the information shared with the masses.
Rest 25% was shared by T.V. and Dealers for providing the
information.
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5) MARUTI SUZUKI CARS HAS THE MOST FUEL
EFFICIENCY
100 78
80
60
40 22
20
0
YES NO
INFERENCE:
78% of the respondents felt that Maruti Suzuki has the most fuel
efficiency.
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6) THE FEATURES OF MARUTI SUZUKI AS COMPARED TO
OTHER CARS
8%
GOOD
10%
VERY GOOD
NOT SO GOOD
70% SATISFACTORY
INFERENCE:
70% of the respondents felt that the features of the maruti suzuki are
good.
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7) THE QUALITIES THAT BEST DESCRIBES MARUTI
SUZUKI
10
0
HANDLING FUEL DESIGN COMFORT
EFFICIENCY
INFERENCE:
75
8) HOW DO YOU FIND THE INTERIORS OF MARUTI
SUZUKI
3%7%
16% GOOD
VERY GOOD
NOT SO GOOD
74% SATISFACTORY
INFERENCE:
The interiors of maruti suzuki are very good according to 74% of the
respondents.
16% said it was very good, 7% said it was satisfactory and 3% felt it
was not so good.
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9) WHAT SHOULD BE DONE TO MAKE MARUTI SUZUKI
MAKE IT MORE
10 SPORTY
GIVE IT A RETRO
60 LOOK
15
GIVE IT A
CONCEPT CAR
LOOK
INFERENCE:
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10 ARE YOU HAPPY WITH THE AFTER SALES SERVICES
PROVIDED BY
MARUTI SUZUKI.
15%
HAPPY
UNHAPPY
85%
INFERENCE:
15% were unhappy with maruti suzuki due to poor after sales
services provided by them.
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5.2 summary of findings
83% of the Respondents were satisfied with their cars and the services
of Maruti Suzuki However 17% of the Respondents were dissatisfied
at the same time
18% of the respondents would prefer to buy a Maruti Suzuki car
against its competitors
Information through Internet and Print media accounts for more than
half or 75% of the information shared with the masses. Rest 25% was
shared by T.V. and Dealers for providing the information
78% of the respondents felt that Maruti Suzuki has the most fuel
efficiency
70% of the respondents felt that the features of the Maruti Suzuki are
good. While 8% of respondents thought it was not so good, 10%
thought it was very good and 12% felt satisfactory about the features
Maruti Suzuki is best known for its design & comfort. Then comes
Handling and Fuel Efficiency.
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CHAPTER : 6
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6.1 ) Summary Of Learning Experience
6.2 ) Recommendations
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APPENDICES
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QUESTIONNAIRE
A )NAME
(B) ADDRESS
(D)INCOME GROUP
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(3)IF SATISFIED, THEN ARE YOU HAPPY WITH THEIR
CHARGES AND TIMELY DELIVERY THEY WERE
OFFERING?
(i)HAPPY (ii) UNHAPPY
(i)YES (ii) NO
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(i)HANDLING (ii) FUEL EFFICIENCY
(iii)DESIGN (iv)COMFORT
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BIBLIOGRAPHY
Books:
Magazines
Internet:
www.google.com
www.marutisuzuki.com
www.yahoo.com
www.wikipedia.com
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