Mahindra & Mahindra
Mahindra & Mahindra
Mahindra & Mahindra
On
“Comparative Sales Analysis Between Mahindra & Mahindra and Swaraj private Ltd.
In
Nagpur district”
Submitted to
RASHTRASANT TUKDOJI MAHARAJ
NAGPUR UNIVERSITY
Submitted to
RASHTRASANT TUKDOJI MAHARAJ
NAGPUR UNIVERSITY
Submitted by
Amol D. Bondre
(MBA III SEM)
(2009-2011)
Guided by
Co-Guided by
Prof. Divya Kanoria
2. Company profile
3. Executive Summary Of The Project
4. Research Methodology
5. Analysis & Interpretation Of Data
6. Conclusion
7. Suggestion
8. Bibliography
Objective
Of The Project
Objective Of The Project
The main objective of the project is To carry out Conquest analysis i.e.
Victory Analysis of M & M Tractors in Nagpur District
9. Use of tractor.
Company profile
Ma hindr a & Ma hindr a Company Profile
Today, Mahindra & Mahindra is one of the top ten private sector companies
in India. The core business of the group of producing Utility Vehicles, Light
Commercial Vehicles and Tractors has grown by leaps and bounds over these
years.
The late 1960's witnessed the beginning of a new revolution in India. The
Green Revolution".
Mahindra & Mahindra took the lead and responded by launching their new
"
INTERNATIONAL" range of modem high performance tractors. In technical
Collaboration with the international Harvester Co. Ltd.,U.K., it set up international
Tractor Co. of India Ltd. (LT.C.I) in 1963. The initial annual production was 3500
tractors , which gradually rose to 16,000 Tractors, in 1978. I.T.C.I merged with the
parent company to be rechristened as Mahindra & Mahindra Ltd. Tractor Division,
which now has a capacity of producing over 80,000 tractors The Farm Equipment
Sector has manufacturing facilities at four locations i.e.
Market Position:
Mahindra & Mahindra Ltd., is the market leader consecutively for 22 years in
the Indian Tractor industry, since 1983, with a market share of 31%. The Company
has already produced and sold over 10,00,000 Tractors.
M& M has 4 factories, 27 Area Offices, 500 Dealers, & 78 Stockiest in India. In
Maharashtra it has 32 Dealers & 11 Stockiest .
In addition to capturing the domestic market, M&M has also made significant
progress in the intensely competitive overseas market. The company has already
exported over 8500 Tractors to African Countries viz.
Zimbabwe,Zambia,
Malaysia,NewZealand
,Australia,Thyland,Turkey,Ghana
,Syria,Iran,Sudan,Chile,Mexico,Guyana,Uganda,Kongo,South Africa & neighboring
Countries Nepal, Srilanka, Bangladesh ,China etc.
M&M has also achieved a major break through in the U.S. Market.' The
company has already exported over 6500 Tractors and have established a new
subsidiary' in the US viz. Mahindra U.S.A.Inc., at Houston with the objective of
increasing its sales in the U.S.A.
Quality Standards :
Mahindra & Mahindra has also received ISO:9001(Kandivali Plant), & ISO
9002 QS-9000 (Nagpur Plant) the prestigious international quality certificate from
RWTUV Germany for Design, Manufacture, Marketing & Servicing of Tractors.
Mahindra Tractors Are at the cutting edge of the Tractor industry determined to be
the 'WORLD LEADER BY THE YEAR 2005.M&M has won DEMING
ALLPICATION PRIZE in 2003 given by JUSE,JAPAN. It is the only tractor
company in world to get this prize for quality Management.
Our Present Product Range
Marketing Bulletin
Since Mahindra Tractors have been manufactured by using advance technology &
also manufactured in a factory possessing ISO-900l & QS-9000. Therefore there
exist some special features.
5) Due to Constant Mesh Gear Box Attachment, shifting of gears becomes easy &
tractor become more suitable for agriculture work.
The areas covered in this project are Mouda, parsheoni, Nagpur, Hingna,
Kamthi, Ramtek .These areas are Taluka places & their surrounding villages.
The sample size was 90 Owners of M & M tractors & 60 owners of Swaraj tractors.
The reason behind selecting Swaraj Co is that Swaraj is the main Competitor
Of M & M tractors in Nagpur Region.
The tractor owners contacted during the project were the owners who had bought M
& M and Swaraj tractors during last 5 yrs. Majority of tractor owners are the owners
who had bought tractor in last 3 years.
The reason behind taking 60 no as sample size of Swaraj owners is that even
though they are main competitors of M & M, their tractor population is less as
compared to M & M.
The data was collected by using a Questionnaire .The Questionnaire contains five
Sub topics Tractor History, Consideration &Awareness ,Buying Process , Purchase
details & Profile of the Respondent.
In Tractor History all the details about tractor is taken like Make & model
Registration Number etc.
In Consideration & Awareness the Other tractors considered by respondent at
the time of buying & are awareness about other tractor companies is tested.
In Buying Process the information sources used by tractor owners, Main
influencers on final decision are traced out
In Purchase details, the financial Sources Used, Price of tractor, is traced out.
In Profile of the Respondent, The Crops grown, Land Cultivated, use of tractor
for Agriculture & Non agriculture, His habits, His Financial Position is traced After
filling the entire questionnaire the data collected is Analyzed, Interpreted using
various techniques
After all this the conclusions are drawn .Finally on the basis of all this Suggestions
are given to the Company.
Research
Methodology
R es e a rc h Me thodolo gy
Sampling Design:
Convenience Sampling
There are various method of sample design are available but t conduct this Survey
we select Convenience Sampling which is based on Convenience of Researcher.
The respondent sample is included in it merely because of their availability on point
where survey is in progress & tractor being up to 5 yr old.
Types Of Data
Basically there are two main types of data
1) Primary data
2) Secondary Data
1) Primary Data :–
The primary data are those which are collected fresh &for the first time &
thus happen to be original in character. Such data are published by authorities who
themselves are responsible for their collection.
2) Secondary Data :–
The secondary data are those which have already been collected by some
other agency & which have previously been collected by some organization to
satisfy its own need but it is being used by other department under reference for an
entirely different reason.
Methods for collecting Primary Data:
Data
C om pa ny wis e D is tr ibuti on
5 Nagpur 10 07 17
6 Hingna 08 04 12
Total 90 30
Mode l & Y ea r wis e dis tr ibution of M & M owne r s
475 DI Sarpanch 20 5 4 3 6 2
475 DI
Bhumiputra 6 1 1 0 3 2
575 DI Sarpanch 24 4 5 5 6 4
595 DI
Superturbo 12 2 1 2 4 3
275 DI Sarpanch 9 1 1 2 2 3
275 DI
Bhumiputra 6 2 2 1 0 1
Arjun 605 DI 8 1 1 2 1 3
Arjun 555 DI 5 1 1 0 1 2
Total 90
Model & Year wise distribution of Swaraj owners
Jan- Dec. Jan- Dec Jan Dec Jan Dec Jan Dec
Model Nos 2006 2007 2008 2009 2010
Swaraj 735 FE 19 6 5 3 3 2
Swaraj 744 FE 26 6 4 6 6 4
Swraj 855 11 2 3 2 3 1
Swaraj 855
Delux 4 0 2 1 0 1
Total 60
M&M
as 1st
M & M Repeat Other tractors as 1st
Total Choice
buyer choice
90 30 44 16
Most Considered Model
2 475 DI Sarpanch 45 75
st choice
1st choice
choice
60 30 13 2
475 DI
6 Sarpanch
14
46.66
Q. 3) b) Awareness of M & M owners about M & M and
other tractors
1 Eitcher Co. 39 65
3 Swaraj 744 FE 30 50
4 Swaraj 855 30 50
5 Escorts 37 61.66
7 475 DI Sarpanch 33 55
11 Swaraj Co. 30 50
12 Ford New Holland 29 48.33
14 Swaraj 735 FE 21 35
Awareness of Swaraj owners about M & M and other tractors
1 Friends/Relative 50 83.33
2 Other tractor owners 56 93.33
3 Mechanic 39 65
Previous experience of
4
tractor 19 31.66
Fo r Sw araj Ow n ers
Q 5) Main Influences
For M & M For Swaraj
No Influences Nos
Percentage Nos Percentage
1 Family members 17 15 9 13.33
5 Tractor Dealers 6 5 5
6 Mechanic 2 3
7 Television 3 4
Total 90 60
1 Reasonable smaint/
Running cost 51 85 27 90
2 Fuel efficiency 40 66.66
1 Experience at
dealership 14 46.66 7 7
2 Price 5 16.66
3 Wear of rear tyres 5 16.66 4 1
6 Oil Leakage 3 10 3
Sales Persons
7
Behaviour 3 10 1 2
Note : 30 owners have no dislike at all.
Q. 8) Main (Only) cause for not buying M & M
Previously
No Cause Nos. Percent owned
age M&M
1 Relevant Financing not available 6 20 2
2 Friends advice 5 16.66 1
No Cause Nos
1 Friends advice 8
2 Low fuel efficiency 6
Total 13 11 2
Q. 9) b) About Implements
M&M 57 95 3 5
Total 83
Q. 9) e) Managing Finance For Tractor
N Within Before
Sources of Funds Nos Percentage Percentage
o last 2 yrs last 2 yrs
1 Complete Cash
Down Payment 4 1 25 3 75
By selling old
3
tractor 2 2 100 0 0
Q. 11) Source of Loans
1 33 22 3 8 0
(MM FSL-7)
Note : 4 Customers told that they will not buy any tractor other than M & M
Q. 12) Selling Old Tractor
No. Within 2
M&M yrs Before 2 yrs
5
1
(M & M to M &M = 4
MF to M & M = 1) 3 2
Swaraj
1 2 2 0
MF to Swaraj 1, Ford to
Swaraj =1
1 5 0 5
1 MF to Swaraj 2
2 MF to M & M 2
Note : 4 Customers told that they will not buy any tractor other than M & M
3 Ford to Swaraj 2
Q. 16 : Cultivating Practices
2 1 to 5 12 9 3
3 1 to 6 & 12 29 16 13
4 1 to 6 0 0 0
Total 90 60 30
2 Transporting Goods 45 27 18
3 Transporting 0 0 0
passengers
4 Construction 1 1 0
5 (2 & 4) 8 6 2
Total 90 60 30
2 Listen to Radio 18 7
Not listen to Radio 42 23
The main reasons for M & Ms Victory are Parameters like Reasonable
maintenance ,Fuel efficiency, Cheap & Easy Availability of Spares &
Service, Engine Power, Application suitability
All the respondents including Swaraj Owners Knows M & M tractor& its
models
Apart from M & M other most known tractor companies are Eicher,Messey
Fergusson, Escorts,Swaraj ,Sonalika
In both cases i.e. M & M and Swaraj the mostly used Information sources
are Other Tractor Owners, Friends/Relatives,& Mechanics resply
In case of M & M the main Influencers in final buying decision are Own
decision, Tractor owners, family members. But main Influencers is
Owners own Decision
The main reason for not buying M & M are Relevant financing sources not
available, Friends advice, More maintenance.
Most of the tractor owners of both M & M and Swaraj dont buy
implements along with tractor.
Most of the tractor owners ,of both M & M and Swaraj has taken loan for
buying tractor.
75% of M & M & Swaraj owners both has taken loan from Nationalized
Banks.
45% of M & M and 60% of Swaraj owners use tractor for Transporting
Goods
43% of M & M and 33% of Swaraj owners dont use tractor for non-
agricultural use.
Not a single Tractor owner took Test Drive before buying tractor
93.33% of M & M owners have only one tractor & remaining have more
than 1 tractor while in case of Swaraj 100% of Swaraj owners have only
one tractor.
The main Crops taken by Tractor owners are Soya bean,
Paddy,Wheat,Gram,Cotton,Vegetables,
Suggestion
s
Tractor Dealers should give enough time to customers for making loan
proposals
The reasons for sales of Swaraj tractor are reasonable maintenance, Good
Financing options, application suitability. These parameters should be
taken into consideration by M & M .
Trained mechanics should be appointed both at workshop & for field visits
for attending complaints
B ib lio g ra p h y
Bibliography
1. www.mahindraworld.com (M & M Companys Web Site)
2. Philip Kotler, Marketing Management (Pearson Education Publication, 11th
Edition, 2001)
3. C.R.Kothari, Research Methodology Methods & Techniques (Wishwa Prakashan, 2nd
Edition, 1999)
4. M &m Companys Pamphlets,Brouchers,Magazines,Reports.
Slide 3
A nn e xu re
The following important annexure relevant to this study is enclosed
herewith
Slide 1
Most Considered Models By M & M Owners
Sl i de 4
Main Influencers For M & M An Swaraj Owners
Slide 5
PARAMETERS AFFECTING BUYING DECISION
Slide 6 LIKED PARAMETERS OF M & M OWNERS
Tractor quality
Pow er
Fuel Efficiency
Driving Comfort
Styling of Model
Status
Spares availability
Slide 7
Slide 8
Slide 9
Slide 10
Slide 11
Slide 12
Slide 13
Sl i de 14
S li de 15