Final Report
Final Report
Final Report
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Mission
Our mission is to continuously develop and deliver innovative solutions to our customers through use of advanced technology, remain completely focused and flexible in our pursuit to outperform ourselves and our peers, and build long term relationships with client through superior custom service, quality and commitment.
Vision
DEMECH group firmly believes in its strength in the core sector and affirms its commitment to provide quality products and impeccable service.
Quality Policy
We at DEMECH strive to increase customer satisfaction by continuously improving the quality of our products and services with complete participation of our people. We are committed to meeting all applicable statutory, regulatory, safety, and environmental requirements. We dedicate ourselves to achieving excellence in all spheres of activity and in doing so; we seek to improve our Cost-effectiveness, Growth and Profitability.
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As a start, DEMECH successfully executed Refurbishment of old Alumina extraction plant at Baroda and commissioned contracts for the Nuclear Fuel Complex at Hyderabad to commission an Old Russian zirconium alloy extrusion plant and soon thereafter erection and commission of a stainless steel tube extrusion plant of 3000 Ton capacity
Starting of fabrication shop in the Pimpri Chinchwad Industrial area, Deccan Mechanical and Chemical Industries was born
DEMECH starts manufacturing of sugar machinery for the booming sugar industry in Maharashtra
DEMECH looks overseas, DEMECH overseas Construction P. Ltd is floated, and first order is steam piping work for a textile mill in Tripoli in Libya.
Order from Kenana Sugar plant in Sudan for complete erection and maintenance of one of the largest sugar plants in the world
DEMECH executed over a dozen projects in Sudan, Libya, Somalia, Uganda, Kenya, Zimbabwe, Saudi Arabia, Oman, Sharjah
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DEMECH ties up with Babcock Hydro pneumatics UK., for hydraulic ash handling systems and later with Rolls-Royce
DEMECH installed several ash handling systems for prestigious projects like Chandrapur, NTPC Vindyachal, North Chennai, Taichung power to name a few. DEMECH opens office in UK and floats DEMECH Contractors Limited. DEMECH ties up with Redler ltd of UK for manufacture of scraper chain and mixer conveyors, bucket elevators.
DEMECH starts indigenous manufacture of cast basalt pipes and becomes the first company in India to process this technology DEMECH develops another wear resistant lining material called High alumina ceramic and later adds more products in the wear resistance range like chromium carbide liners, ceracoat etc.
DEMECH bags Rs. 45 crore orders from TNEB for ash handling plant with a 42 km basalt pipeline
DEMECH ties up with Felpro USA to float DEMECH Chemical for the manufacture of epoxy based maintenance products, which later diversifies into coating, floorings and other products DEMECH builds its corporate house in city
New company is floated called Arvind Footwear to strengthen its position as a leading industrial foot wear supplier.
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DEMECH sets up new plant in baramati to manufacture spiral welded steel pipes DEMECH is the first Indian company to bag independent order from Taichug power plant, Taiwan
DEMECH has two plants in baramati, two plants in pune, one in Ahmedagar, its head office and corporate offices in pune, branch offices in Mumbai and Chennai
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SCREW CONVEYOR
A screw conveyor is a material handling equipment to convey the material for shorter distance by shear and tumbling effect. Constructional feature comprises of stationary housing of U or circular trough with a rotating screw shaft with a Helix shaped flight mounted on it. Flight normally will have hard facing on the leading side on the periphery of helix. Shaft is generally supported at end on bearing to take up radial and thrust load. Drive coupled directly or through transmission chain sprocket arrangement, which transmits from motor to screw shaft. Equipment is used for conveying granular to fine powder, dry to hygroscopic products.
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Wet Scrapper also knows as submerged scrapper conveyor largely used in sponge iron plant and power plant to collect the dust at elevated temperature. Construction is more or less identical to chain conveyor filled with water, however differs in tail end and drive end. Both the ends are at inclined position normally restricted to 30 degree inclination. Wet scrapper will always have double strand construction with low linear speed as theses are usually used for highly abrasive material at elevated temperature ( up to 900 Degree Centigrade ). In sponge iron plants of capacity 200 TPD and below the dust will be passed through dust cooling tower and then dust settling chamber. Wet Scrapper are installed below this DCT and DSC. Where as in power plant below the boiler to collect the unburnt ash, the wet scrapper/SCC are installed.
PADDLE MIXER
It is a type of mixer which also conveys the material combining both functions of mixing and conveying in a single machine. Homogeneous mixtures of multiple granular/ powdery materials & liquids are possible. Replaceable paddles or wear resistant paddles can be provided for special applications. Various capacity ranges are available in M.S. and S.S. construction.
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COAL FEEDERS
DEMECH is the leading manufacturers of coal feeders. Coal feeders are used in coal fired Boiler for (1) Feeding coal lumps to pulverizing fuel mill and (2) Crushed Coal of size -6mm from storage bunker to Boiler furnace. Each bunker has a coal feeder to feed & remove the mills and discharges the raw coal to the mills, where it is pulverized before being blown into the furnaces. The feeder discharge rate modulates in accordance with the demand signal from the boiler control system.
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BUCKET ELEVATOR
Bucket elevator is a material handling equipment required to convey the material in vertical direction. Basically are employed convey the fine powder to lump size particle. Normally size varies from 500 micron to 30 mm. Conveying buckets are mounted either on belt or chain as per material character. Conveyor speed is selected based on the type of discharge. Drive platform is provided at the top near drive end casing. For maintenance purpose an inspection window is provided at the boot section of bucket elevator.
This is a combination of chain conveyor and Elevator. The shape of conveyor resembles a swan neck and can lift materials up to 90 degree inclination. Requires minimum supporting structure. U flights are used for En-masse conveying of material. Material moves in any direction horizontal, vertical, inclined at any angle and minimizes transfer points. It is designed to suit one or more feed discharge points. Operation is dustless and explosion hazards are minimized.
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DERROPORT
Derroports have been very conveniently used for handling Cement, Sand, Wheat flour and other powdery materials in various industries.
CONVEYOR COMPONENTS
SPECIAL CHAINS
Forged alloy steel chains and sprockets with special heat treatment for the abrasive and Heavy duty applications are available ex-stock as specified below:
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SPROCKETS
Material: Rim C45 / EN 353, Hub: IS 2062 Operative areas of tooth Surfaces are hardened to HRC 55 to 60 Sprockets can be tailor made to suit the application. Split type construction, easy to replace during maintenance.
TRAILING WHEELS
Material: Rim C45 / EN 353, Hub: IS 2062 Operative areas of tooth Surfaces are hardened to HRC 55 to 60 Sprockets can be tailor made to suit the application. Split type construction, easy to replace during maintenance.
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APPLICATION AREA
Chemical Industries
Stable Bleaching Powder (Complete system design) Soda Ash Pure Ptheothelic acid (PTA) Industry, Bleaching Powder Industry)
Cement Industries
Raw Meal Clinker Ground Clinker Coal Cement
Steel Industries
Sinter Sponge Iron Co-generation plant Ash Disposal Plant onwards)
Power Industries
Coal Feeders Fly Ash Handling Biomass Fuel Feeders
Food Industries
Soya bean cake and seeds (Edible oil industry) De-oiled cakes (Edible oil industry) Solvent extraction System (Edible oil industry)
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16 17 18 19 20
Nestle India Ltd Narmada Cement Co.Ltd. Grasim Industries Ltd Associated Cement Companies Ltd Thermax B & W Ltd
36 37 38
Jaypee Rewa Plant SAIL, Bokaro Steel Plant Vishakhapatnam Steel Plant
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GLOBAL NETWORK Australia Greenbank Terorech Pty. Ltd. Mr. Mark Langbridge / Ms. Joanne Fordham
Thailand Loyal Contract Ltd. Mr. Santrek (Sant) Oulapathorn/ Mrs. Amara
Kuwait Al Muhaya Gen Trading & Cont. Co. W.L.L Mr. Sanjeev K. Sharma
Vietnam Ngoclinh Co. Ltd. Mr. Nguyen Thanh Son / Ms. Ngugen Quynh Hoa
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Competitors
Sr.No
01
Company Name
Hyquip Equipment Pvt. Ltd
State / City
Hyderabad
02
Hyderabad
03
Pune
04
Enviro India Bulk Material Handling Pvt. Ltd. Redler India Pvt. Ltd. Rud Equipment Pvt. Ltd Methods Engineering Pvt. Ltd.
Pune
05 06 07
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In this type of order processing the company contact with old/exiting customer for take the enquiry for new products requirement and requirement of same products for expansion of business.
2) Tender Document/Enquiry:
Enquiry generated by tender publishes in newspaper by the private company and Government Company. The tender enquiry is mainly generated by the government companies.
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Flow chart
Receiving enquiry (From vendor list, tender enquiry, cold call)
Technical Decision (Analysis of material requirement in production i.e. raw material, gearing, etc.)
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Price negotiation
Reverse Option/Online auction (new technique) (Customer put the price according the company budget put online and take the lowest price)
ALL INDIA BRANCHES Head Office 78, Bhosari Industrial Estate Pune-411026,India E-mail : [email protected]
Baramati Works
Plot No. D-50, MIDC, Bhigwan Road, Baramati 413 133 INDIA. Email: [email protected],
MUMBAI OFFICE
3rd floor , Dhiraj Chambers 9, Haraimal Somani Marg. Mumbai - 400001, India
Email : [email protected] CHENNAI OFFICE
Flat No. 4 ,7th floor, A-Wing Parsn Manere , 602, Mount Road CHENNAI - 600006, India E-mail : [email protected]
KOLKATTA OFFICE
Deccan Mechanical and Chemcial Industries Pvt.Ltd. F - 317,Sector - 1, Salt Lake City Kolkata - 700 091 E-Mail :- [email protected]
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Objective of Project
To identify target customer of material handling equipment which are mainly use in all manufacturing industries? To estimate the market potential for the material handling equipment to be used in handling of material in manufacturing industry.
Scope of Project
The scope of study was limited to Pune region. The study done at Deccan Mechanical and Chemical Pvt. Ltd. Pune with exiting customer and potential customer to find the Market Potential for the Material Handling Equipment manufacturing firm.
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Hypothesis
No. of peoples aware about company Pune market is great opportunity for material handling equipment Acceptability of material handling equipment is very high in pune region Competitors of Deccan Mechanical and Chemical in the current market.
Limitation
Every project has a limitations and it is wise to point them out instead of glossing over them. Earnest efforts were made to extract true information. This summary conducted has certain limitations such as. This research has been carried out on the basis of web information and practical experience shared by the actual users and administrators in company. Some of the data is taken from web which is not completed. Since time of study is less it may have some flaws. Research is done only in Pune Region. The study work is done for limited period, the information is true as per the date only.
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RESEARCH METHODOLOGY
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RESEARCH METHODOLOGY
DEFINITION
The American marketing association (AMA) has defined marketing research as follows: Marketing research is the function that links the consumer, customer, and public to the marketer through information - information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process. Marketing research specifies the information required to address these issues, designs the methods for collecting information, manages and implements the data collection process, analyzes, and communicates the findings and their implications."
RESEARCH DESIGN Research design is the plan, structure and strategy of investigation conceived so as to obtain answer to research question and to control variance. The definition consists of three important terms plan, structure and strategy. The plan is an outline of the research scheme on which the researcher is to work. The structure of the research is a more specific outline or the scheme and the strategy shows how the research will be carried out, specifying the method to be used in the collection and analysis of data.
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Research designs have been classified by various authors in different ways. Different types of research design have emerged on account of the different perspective from which a research study can be viewed. However, a frequently used classification system is to group research designs under three broad categories. 1. Exploratory 2. Descriptive 3. Causal
1) EXPLORATORY
In case of exploratory research, the focus is on discovery of ideas. An exploratory research is generally based on the secondary data that are readily available. It does not have a formal and rigid design as the researcher may have to change his focus or direction, depending on availability of new ideas and relationship among variables. An exploratory study is generally is in nature of a preliminary investigation wherein the researcher himself is not sufficiently knowledgeable and is, therefore, unable to frame detailed research question.
2) DESCRIPTIVE
Descriptive studies are undertaken in many circumstances. When the researcher is interested in knowing the characteristic of certain group such as age, sex, educational level, occupation or income a descriptive study may be necessary. Other cases when he is interested in knowing the proportion of people in a given population who have behaved in a particular manner, making
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projection of certain thing. Descriptive studies are well structured; approach cannot be changed every now a
3) CAUSAL
As the name implies a causal design investigate the cause and effect relationship between two or more variables. The design of causal research is based on reasoning along well tested line. The method of agreement states that when two or more cases of a given phenomenon have one and only one condition in common, then that condition may be regarded as the cause or effect of the phenomenon. Research Designs used for this project:
Exploratory Research : -
Exploratory Research includes surveys and fact findings enquiries of different kinds. The basic
reason for carrying out exploratory research is to identify the cause of something that is happening. For This instance, research was used in order to find whether it is feasible to start with a new product like material handling equipment and it was done by meeting with the existing manufacturers. With this survey it is clear the kind of the machinery which will be required, number of labours, capital required.
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LITERATURE REVIEW
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Introduction
According to Construction World update, it has been projected that the present 1.6 billion construction equipment industry in India is expected to touch about 10.3 billion. While the current size is just a fraction of the world market, it has been growing between 10-15 % compared to the global growth of around 5%. India is one among the top 10 markets for construction equipment and is one of the key international markets. The prospects of the construction equipment industry look attractive with a projected investment of 212.5 billion in the infrastructure sector over the next few years. The Indian market is catered by about 200 domestic manufacturers (small, medium & large). Material Handling Equipments Sector The demand of construction and material equipment is correlated with the growth of Infrastructure sector. India still needs to develop it in a big way. There is substantial scope for the growth of the infrastructure sector viz., Roads, Steel, Coal, Cement, Power etc. The continuing investments in these sectors will support demand of these products. Also, with increased need of mechanisation and shrinking timelines of infrastructures projects, the demand for equipments should see a definitive upward trend. The demand is largely from F&B, retail and automobile sectors. Palletisation and containerisation are also expected to increase demand. Although, it may be worthwhile to note that the global recession and slowdown in India as well as the rise in input prices may act as major threat to this sector. Market Size and Segmentation The present market size is estimated to be around 300 million. The table below explains the different material handling equipment and their market share. The material handling equipment is dominated by cranes and forklifts. Pick and carry cranes is the largest segment with 27 % share of the material handling equipment market. Slew cranes, crawler cranes and tower cranes together account for another 24 percent. Forklifts have 12 percent share. Material Handling Equipment Market Share/Total Market Size ~ 300 million Pick-n-Carry Cranes Forklifts Slew Cranes Crawler Cranes Tower Cranes Others 27% 12% 11% 8% 5% 37%
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Key Material Handling Equipments Statistics 2006-2007 Exports Quantity Export Value Imports Quantity Imports Value Sales Value Market Size ( Value) Domestic Consumption (Value)
3,885 units 15.27 million 1.8 billion 136 million 214 million 350 million 335 million
Diesel forklifts find particular application in the automobile industry which has been growing at close to 15 %. The total automobile production is set to cross 10 million units. Estimated CAGR for key segments is 15-18 % with an overall outlook for the future pegged at 16 %. LPG forklifts find particular application in food & beverages industry. Led by processed foods, wine, ice cream and edible oil, the 53.12 billion food and beverages industry registered an 8.5 % growth during the 2005-06 fiscal.
Retail: Exponential growth and emerging competition in organized retail in India is expected to drive the organized logistics and warehousing industries. Indias organized chain store retail is at the inflection point. The estimated potential market size is 39.83 billion by 2015 implying a CAGR of 32 % over next 10 years. This would drive the construction of new stores, in turn leading to demand for construction equipment.
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APPROACHES TO RESEARCH There are two basic approaches to research 1. Quantitative approach 2. Qualitative approach
1) QUANTITATIVE APPROACH
Quantitative research is based on the measurement of quantity or amount. It is applicable to the phenomenon that can be expressed in terms of quantity. The former involves the generation of data in a quantitative form which can be subjected to rigorous quantitative analysis in a formal and rigid fashion.
2) QUALITATIVE APPROACH
Qualitative approach to research is concerned is concerned with subjective assessment of attitudes, opinion and behavior. Research in such a situation is a function of researchers insight and impression. Generally the techniques of focus group interviews, projective technique and depth interview is used. Approach used for this project:In this project qualitative approach has been used. The target was to contact the respondents, and gather the information about material handling equipment. The survey is concerned with the subjective assessment of attitude, opinion of the people about material handling equipment
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PROCESS OF RESEARCH
PROBLEM IDENTIFICATION
RESEARCH DESIGN
DATA COLLECTION
SECONDARY DATA
FINDINGS
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DATA COLLECTION
DEFINITION
Data collection is the heart of all marketing research. It is an elaborate process through which the researcher makes a planned search for all relevant data and gathers the entire data required for the assignment.
Data is the raw material with which the researcher functions. We therefore need to discuss the subject in detail: TYPES OF DATA
1) Primary data
2) Secondary Data
PRIMARY DATA It is the raw data collected from a source which has not been subjected to processing or any other manipulation. The data that is gathered for the first time by the researcher is known as primary data.
SECONDRY DATA Secondary data is data collected by someone other than the user. Common sources of secondary data for social science include censuses, surveys, organizational records and data collected through qualitative methodologies or qualitative research.
The researcher must thoroughly search secondary data sources before commissioning any efforts for collecting primary data. There are many advantages in searching for and analyzing secondary data before attempting the collection of primary data .in some cases the secondary data may itself
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be sufficient to solve the problem. Usually the cost of collecting the secondary data is much lower than the cost of organization of primary data. Moreover the secondary data has several supplementary uses. It also helps to plan the collection of primary data, in case it becomes necessary. COLLECTION OF PRIMART DATA: Primary data is collected directly from the field. Primary data is gathered by the means of interviewing the respondents with the use of questionnaire that the researcher prepared. Survey is the research approach using this research project. Surveys are the best source of descriptive research. Questionnaire is the most popular and useful method for surveying. It helps in collecting the information from the framed question, to get maximum necessary data required for the research.
Collection of primary data for this project:The research instrument chosen was a questionnaire for the collecting the primary data. There were two different types of questionnaire. One Questionnaire contained 21 questions which included open and close ended questions. The questions are subjective and objective in nature. Thus, the questions helped in various ways.
COLLECTION OF SECONDRY DATA: Secondary data is mainly collected from company records, marketing personnel, business magazines, brochures and of course internet.
The secondary data was readily available from internet, company brochures. The data was
then categorized into various groups. For this, editing was done to assure that the data was accurate, consistent with other facts gathered.
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There are several ways of collecting the appropriate data which differ considerably in context of money costs, time and other resources at the disposal of the researcher Primary data can be collected either through experiment or through survey. In case of survey, data can be collected by any one or more of the following ways.
1) OSERVATION The method implies the collection of information by way of investigators own observation, without interviewing the respondent.
2) PERSONAL INTERVIEW The investigator follows a rigid procedure and seeks answer to a set of pre-conceived question through personal interview. This method of collecting data is usually carried out in a structured way where output depends upon the ability of the interviewer to a large extent.
3) TELEPHONIC INTERVIEW This method of collecting information involves contacting the respondent on telephone itself.
4) BY MAILING THE QUESTIONNAIRE The researcher and the respondent do come in contact with each other if this method of survey is adopted. Questionnaires are mailed to the respondent with a request to return after completing the same.
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5) THROUGH SCHEDULES Under this method the enumerators are appointed and given training. They are provided with schedule containing relevant question. This enumerator goes to the respondent with these schedules.
Data collection techniques used for this Project:1) OBSERVATION 3) TELEPHONIC INTERVIEW 4) BY MAILING THE QUESTIONNAIRE
SAMPLING PLAN Definition of sampling:-the process of selecting some elements from a population to represent the population.
Population:-All elements about which we wish to make some inferences. . ------Marketing research by Donald R. Cooper and Pamela S.Schindler SAMPLING UNIT 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 a social unit such as family, club, school etc., or it may be an individual
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Sampling unit used for this project:Sampling unit is the existing customers of material handling equipment and the existing manufactures of material handling equipment in Pune market.
SAMPLE SIZE Sample size refers to the number of items to be selected from the universe to constitute a sample. The size sample should neither be excessively large, nor too small. It should be optimum. Sensor size used for this project:Total No. of existing users = 5
SAMPLING TECHQUINES Probability or random samples: - Random is a mathematical term, random means that every element in the total population an equal chance or probability of being chosen for the sample and that each of these elements is independent of other. Non-probability or purposive samples:-Are those samples which are based on the choice of the researchers (accidental sampling, quota sampling, convenience sampling).
Types of Probability sampling: Sample random sampling Stratified random sampling Systematic sampling Cluster sampling Multi-phase sampling Sampling with varying probability
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Types of Non-probability sampling [judgmental sampling]: Purposive sampling Quota sampling Replicated sampling Snow-ball Sampling Convenience Sampling
Sampling method used for this project:Convenience sampling method is used for the research.
DRAFTING OF THE QUESTIONNAIRE While Drafting a questionnaire for the research the following points were taken into consideration:1. The main aim of the study feasibility of material handling equipment in the market. 2. To know the consumer response to the demand of material handling equipment 3. To know about the different competitors and there pricing structure in Pune market. 4. To collect the information about the exiting problem in the material handling equipment so that the problem can be resolved when the company launches this product.
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LAYOUT OF THE QUESTIONNAIRE:-The Layout of the questionnaire was based on the following model. Layout of questionnaire
INFORMATION NEEDED METHOD OF DATA COLLECTION SAMPLING METHOD AND SAMPLING SIZE
QUESTIONAIRE LAYOUT AND DESIGN DECIDE ON CONTENT OF EACH QUESTION DECIDE ON TYPE OF QUESTIONS DECIDE ON WORKING OF QUESTIONS DECIDE ON SEQUESCE OF QUESTIONS DECIDE ON LOGICAL LAYOUT OF QUESTIONS DECIDE ON PRETESTING OF QUESTIONAIRE
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RESEARCH DETAILS
Research Details
Sr.No. 1 2 3 4 5 6 7
Tools Used Research design Research application Research instrument Type of questions Sensor size Sampling method Sampling unit
Method Employed Quantitative Pune, PCMC Structured and Unstructured questionnaire Open and close ended 5 samples Convenience (Non-probability) Purchase Managers, Project Manager.
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The figure shown the last 5 years turnover where the company continuously increases their turnover after the rescission period from 2007-2009 where the company total turnover Rs 30-35 Cr. After the rescission period the company should quick recover in the 2009-2010 where the turnover is Rs 60 Cr. The companys turnover almost double from the rescission period 20072009.
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Sales in Precentage
2008-2009, 16.66
2012-2013, 33.33
2008-2009 2009-2010
The figure showed the increase in percentage sale in last 5 years. In 2008-2009 where the sale is increase by 16.66 % In 2009-2010 the sales are increase by 75.42% In 2010-2011 the sales increase by 26.66% In 2011-2012 the sale increase by 18.42% In 2012-2013 expect increase in sale 33.33% The figure shown that in the year 2009-2010 the company sales was increase by 71.42 % as compare to pervious and next years. In the year 2010-2011 where the company turnover Rs. 76 Cr. Where the sales increase by26.66% and in the year 2011-2012 the turnover is Rs. 90 Cr. Where the sales increase by 18.42%. The company growth rate was less in 2011-2012 as compare in the year 2010-20011.
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The figure showed the market share from 1968 to present year. The market share was decrease 70% in 1968 and in the present year where the markets share of company only 30%.
The reasons of decreases the markets share of company is increase the competitors after year 1992.
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COMPETITORS ANALYSIS
Competitors Analysis
Rud, 5 others, 5 DEMECH Hyquip Redler, 15 Enviro , 10 Hyquip, 10 Mahindra, 15 Bevecon, 10 DEMECH, 30 Bevecon Mahindra Enviro Redler Rud others
The figure showed the present market share of different players, where all the competitors are having almost equal market share. There are also many small competitors present in the market who have share only 5% of market share.
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Products En mass conveyor Screw conveyor Wet scrapper conveyor Paddle mixer Air slide conveyor Coal feeders Bucket elevators Swan neck elevator Derroport Conveyor components Special chain Sprockets Trailing wheels Hyquip Yes Yes Yes Yes No Yes Yes Yes No Yes Yes Yes Bevecon Yes Yes Yes Yes No Yes Yes Yes No Yes Yes Yes
Competitors Mahindra Enviro Yes Yes Yes Yes Yes Yes Yes Yes No No Yes Yes Yes Yes Yes Yes No No Yes Yes Yes Yes Yes Yes
redler Yes Yes Yes Yes No Yes Yes Yes No Yes Yes Yes
Rud Yes Yes Yes Yes No Yes Yes Yes No Yes Yes Yes
DEMECH have great opportunity to acquire the maximum market share in Air Slide Conveyor and Derroport. No competitors present in current market for Air Slide Conveyor and Derroport.
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Marketing Research
Right Position: at this stage the communication has to be more of relative natural. This implies that the message conveyed to the target must be effective enough in differentiating the machine offering from that of its competitors without even naming them. The core purpose is to inform the target customer about the offering of the machine, persuade them to have machine and remind them about the service offered. The material handling equipment developers can create awareness about the offering amount the target customer through dealers in an effective ways.
Effective Communication: various communication tools available to the machine developer for this purpose may include adverting buzz marketing use of print media press release and viral marketing. Once the message is being conveyed through these channels the machine developers must add a personal touch to this by carrying out a door to door comprise in order to reinforce the message.
Supply Chain Network: innovative solution like performance management frequent sale, operation management demand planning, inventory planning, production planning, planning lean system and staff should help material handling equipment sales person and dealers to get advantages over competitors.
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Marketing Trends
Growth rate of material handling equipment industry and competition is very strong. This growth is fuelled by the change in the workforce that are causing working to consume more in manufacturing process and this expected to increase by 53% by coming next few years.
Strength: strong relation with manufactures and dealers excellent product line, by good management team. Weakness: lack brand recognition previous big market players excellent products line. Opportunity: no much effect of recessionary effect as it is material handling equipment industry which is basic necessity. Indian market is a nascent stage. Threats: heavy equipment cost, high capital coast.
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DATA ANALYSIS
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DATA ANALYSIS
After data collection, processing of data was carried out in which editing; coding, classification and tabulation were the processing operations. Then analysis of processed data was carried out in the form of Bar Graphs, Pie-Charts in order to arrive at results, conclusion and suggestions.
Years
40 30 20 10 0 ESSAR STEEL THERMAX (POWER DIVISION) THERMAX (ENVIRO DIVISION) Years THYSSEN KRUPP BHUSHAN STEEL 16 Years 30 20 22 35
Respondent Thyssen Krupp Thermax (Enviro Division) Thermax (Power Division) Bhushan Steel Essar Steel
Very Useful
Useful
Less Useful
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Respondent Thyssen Krupp Thermax (Enviro Division) Thermax (Power Division) Bhushan Steel Essar Steel
Costly
Reasonable
Cheaper
Q4) from whom you get relevant information about our company and products
Information Source
5 5 4.5 4 3.5 3 2.5 2 1.5 1 0.5 0 Magazine Internet Yello Pages Others 1 2 Information Source 3
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Q5) Does DEMECH is always completing your customized requirements within scheduled time?
Scheduled Time
3 3 2 1 0 0 0 Scheduled Time 2
Respondent Thyssen Krupp Thermax (Enviro Division) Thermax (Power Division) Bhushan Steel Essar Steel
In Bond DEMECH
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Q7) is there any parameter or standard method prepared by you for measurement of quality standard. If yes please describe?
Q8) when your requirement is specific and customized how you communicate and convince with DEMECH?
products
Special Chain Comveyor, 5 Derropor t, 2 En Mass Conveyor, 3 Screw Conveyor, 4 En Mass Conveyor Screw Conveyor Wet Scrapper Paddle mixer Coal Feders Coal Feders, 3 Swan Neck Elevator, 3 Bucket Elevators, 1 Paddle mixer, 2 Bucket Elevators Swan Neck Elevator Derroport Special Chain Comveyor Wet Scrapper , 3
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Q10) Compare our products performance in different area? Gives ranking between 01 poor, 02 average, 03 good, 04 excellent Products En mass conveyor Screw conveyor Wet scrapper conveyor Paddle mixer Air slide conveyor Coal feeders Bucket elevators Swan neck elevator Derroport Conveyor components Special chain Sprockets Trailing wheels NO. of Users 03 04 04 03 02 03 01 03 01 05 Poor Average Good 01 01 02 01 01 03 01 02 03 Excellent 03 03 03 01 01 03
Q11) How often you replace the material handling equipments? It is a capital investment hence all the companies replace material handling equipment after 10 years or above.
Q12) what is your budget for material handling equipment out of total budget?
Budget
4 3 2 1 0 Less Than 10% 10% 20% Budget 30% More Than Budget
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Q13) is your company comes with any new projects in Pune or other area?
Respondent Essar Steel Thermax (Power Division ) Thermax (Enviro Division ) Thyssen Krupp Bhushan Steel
Yes
No -
Respondent Essar Steel Thermax (Power Division ) Thermax (Enviro Division ) Thyssen Krupp Bhushan Steel
Yes
No -
Detail
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Q15) Compared to DEMECH competitors hows the products performance of DEMECH products?
Q16) Rate the DEMECH products in comparison with its competitors based on following rating scale.
Products Comperision
3.5 3 2.5 2 1.5 1 0.5 0 0 0 0 0 0 Products Comperision 2 3
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Q17) How important was convenience in your decision to use DEMECH products?
Q18) how often you recommend DEMECH products to others who are engaged in similar type of business? Respondents 05 Very Likely 03 Moderately Likely 02 Slightly Likely 00 Not at all Likely 00
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019) Rate your association ship with DEMECH in future based on following scale?
Q19) According to you, what is the current scope of DEMECH products in future?
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Current Scope
very Good, 1 Good, 1 Other, 0 Excellent very Good Good Average Excellent, 3 Poor
Q 20) Quote your satisfaction rate on following scales of DEMECH for overall satisfaction?
Satisfaction Level
100% 80% 60% 40% 20% 0% 0 0 0 Satisfaction Level 0 5
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FINDINGS
1) Every client are associated with DEMECH form long period almost 20 years. 2) All the clients are satisfied with the DEMECH pricing policy. 3) All the clients are use internet, magazine and others sources for getting relevant information about DEMECH Company and products. 4) All the clients are get their customized products within scheduled time form DEMECH. 5) All the client of prefer after sales services from DEMECH only. 6) The clients are measure the quality of products according to Indian Standard (IS) and ISO 9001-2008. 7) All the clients are personally visit actual site location of DEMECH for specific and customized requirements. 8) All the clients are very satisfied with performance of the DEMECH products in different area. 9) The material handling equipments are long term capital investment hence its may be replace after 10 years or above. 10) The entire client have almost 20% budget for the material handling equipments out of total budgets company budgets. 11) Most of the clients are come up with new projects in India. 12) All the clients are use others companies material handling equipments according to their customers demands. 13) Overall clients are slightly satisfied with the DEMECH Company.
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SUGGESTIONS
There are many players in the market who are already into manufacturing of material handling equipments so competition is quite high however by making available the equipments on time to the customer we can maintain a good relation with them.
Quality places a very important role for any product to be popular among customers. So it is every essential to maintain a good quality material handling equipments.
From the secondary data it is clear that the business of material handling equipments in its peak stage. So entry into this business is advantageous and profitable.
There is many particular brand of material handling equipments available in the market so the company can create its own brand in the market
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LIMITATIONS
This report had to work under several constraints and limitations. Some of the key limitations are:-
2. It was difficult to cover the Pune city because there are many construction companies. It was difficult to get an appointment of Marketing managers/ Project Managers.
3. The data which is collected from the existing manufacturers regarding price is an approximate figure and which might fluctuate by the market condition.
5. The time span was limited to two months, the number of interviewer covered was only small percentage of the total population, hence the sample may not depict clear picture.
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CONCLUSION
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CONCLUSION
After overall study of the material handling equipment operation in Pune market, the following conclusive can be made about is market position and its effective in terms of relation with its direct corporate sales. Major market share is under Deccan mechanical and chemical, Mahindra Conveyor System, Enviro India Bulk Material Handling, Hyquip Equipment, Bevecon Weyers, Redler India, Rud Equipment, Methods Engineering in terms of sales. Market is growing and overall future lies good with extension of machine through material handling equipment in Pune and India Deccan mechanical and chemical is planning to introduce cool feeder machine in the material handling equipment market soon. Better projected as a time saving and convenience offering machine. IT and ITES section line the maximum client revenue generation opportunities. Advertising and Publication play important and vital role in attracting customer and force them to purchase the product so Deccan mechanical and chemical should concentrate more an advertising aspect.
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Websites Books referred Kothari,C..R... 1990 Research Methodology-Methods And Techniques (2ndedition) Company Brochure And Catalogs Marketing Management-NiraliPrakashan Marketing Research Methodological Foundation by Gilbert A. Churchill Jr. and Dawn Iacobucci. www.google.com en.wikipedia.org
www.demech.co.in
http://www.legemcity.com
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QUESTIONNAIRE FORMAT
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QUESTIONNAIRE FOR THE EXISTING CUSTOMERS Title: -Market Potential of Material Handling Equipment of Deccan Mechanical and Chemical
Q2) How would you rate our products on their usefulness? a) Very use full b) Useful c) Less useful Q3) what is your perception about our pricing policy? a) Costly b) Reasonable c) Cheaper Q4) from whom you get relevant information about our company and products a) b) c) d) Magazine Internet Yellow pages Others (specify) _________________________________________________________________
Q5) Does DEMECH is always completing your customized requirements within scheduled time? a) b) c) d) e) Rarely Occasionally Frequently Very frequently Always
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Q6) From where you prefer after sales services? a) In bond b) Out boud DEMECH
Others
Q7) is there any parameter or standard method prepared by you for measurement of quality standard. If yes please describe? _____________________________________________________________________________________ _____________________________________________________________________________________
Q8) when your requirement is specific and customized how you communicate and convince with DEMECH? _____________________________________________________________________________________ _____________________________________________________________________________________
Q9) what category of products you purchase from DEMECH? Particulars En mass conveyor Screw conveyor Wet scrapper conveyor Paddle mixer Air slide conveyor Coal feeders Bucket elevators Swan neck elevator Derroport Conveyor components Special chain Sprockets Trailing wheels Particular 01 particular 02 particular 03 particular 04
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Q10) Compare our products performance in different area? Gives ranking between 01 poor, 02 average, 03 good, 04 excellent Particulars En mass conveyor Screw conveyor Wet scrapper conveyor Paddle mixer Air slide conveyor Coal feeders Bucket elevators Swan neck elevator Derroport Conveyor components Special chain Sprockets Trailing wheels 01 02 03 04
Q11) How often you replace the material handling equipments? a) b) c) d) Frequently Quarterly Yearly Others (specify) _______________________________________________________________
Q12) what is your budget for material handling equipment out of total budget? a) b) c) d) e) Less than 10% 10% 20% 30% More than (specify)______________________________________________________________
Q13) is your company comes with any new projects in pune or other area? a) Yes b) No c) If yes (detail)____________________________________________________________________
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Q14) do you prefer to use others companies material handling equipments? a) Yes b) No c) If yes (Specify)___________________________________________________________________
Q15) Compared to DEMECH competitorshows the products performance of DEMECH products? a) b) c) d) e) f) g) Much too high Somewhat too high Slightly too high About right Slight too low Somewhat too low Much too low
Q16) Rate the DEMECH products in comparison with its competitors based on following rating scale. a) b) c) d) e) f) g) Much better Somewhat better Slightly better About the same Slightly worse Somewhat worse Much worse
Q17) How important was convenience in your decision to use DEMECH products? a) b) c) d) e) Extremely important Very important Moderately important Slightly important Not at all important
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Q18) how often you recommend Demech products to others who are engaged in similar type of business? a) b) c) d) Very likely Moderately likely Slightly likely Not at all likely
019) Rate your association ship with Demech in future based on following scale? a) b) c) d) e) a) b) c) d) Somewhat likely Neutral Somewhat unlikely Very unlikely Q19) According to you, what is the current scope of DEMECH products in future? Very good Good Average Poor
Q 20) Quote your satisfaction rate on following scales of Demech for overall satisfaction? a) b) c) d) e) Slightly satisfied Neither satisfied nor dissatisfied Slightly dissatisfied Moderately dissatisfied Extremely dissatisfied
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