Consumer Satisfaction On Tata Motors
Consumer Satisfaction On Tata Motors
Consumer Satisfaction On Tata Motors
PROJECT REPORT ON
‘‘CUSTOMER
SATISFACTION’’
IN
TATA MOTORS
Batch-- (2012-2015)
Submitted by:- Submitted By:-
RAHUL YADAV Ms. NITHYA BHAVANI SURESH
BBA 5th Sem. (Asstt. Professor)
Roll No:-1276250023 Faculty Of Management
DEVSTHALI VIDYAPEETH
Lalpur,Kiccha Road,Rudrapur (U.S. NAGAR),(U.K) 263148
Affliated To
KUMAUN UNIVERSITY,NANITALL
DECLARATION
Date:
Rahul Yadav
At last but not least gratitude goes to all of my friends who directly
or indirectly helped me to complete this project report.
Name:-Rahul Yadav
Table of Content
Chapter-1
Introduction
Scope
Limitation
Objective of study
Chapter-2
1- Company profile
Tata Motots Ltd.
Industry Outlook
History Of Tata Motors
Chapter-3
2- Topic Profile
Customer Satisfaction Measurement Process
Chapter-4
Research Methodology
Chapter-5
Data Interpretation
Chapter-6
Findings
Conclusion
Bibliograhy
Questionnaire
CHAPTER-1
INTRODUCTION
INTRODUCTION OF ARIA CARS
Tata motors ltd. (NSE: TATA MOTORS, BSE: 500570, NYSE: TTM) is
India. Part of the Tata group, it was formerly known as TELCO (TATA
Manufacturer, and the world’s second largest bus manufacturer with over
53, 151 employees. Since first rolled out in 1945. After that Tata motors has
Uncompromising aesthetic. The front visage is distinct, solid and intimidating with
Wrap-around dual barreled headlamps that enhance the signature Toto grille.
This
each sweep of meta! Hinting at the power and performance it can deliver.
SCOPE OF THE STUDY
These are some of the scope of the study:
The present study can be extended to access the present marketing
condition of Indian automobile sector.
The study can be used to design a proper product, price, place and
promotional strategy for the market.
From the present study we can know the market share of different
products and accordingly formulated strategy to enhance it.
TATA GROUP
Tata Motors Limited is India's largest automobile company, with consolidated
revenues of Rs. 92,519 Crores (USD 20 billion) in 2009-10. It is the leader in
commercial vehicles in each segment, and among the top three in passenger
vehicles with winning products in the compact, midsize car and utility vehicle
segments. The company is the world's fourth largest truck manufacturer, and the
world's second largest bus manufacturer.
The company's 24,000 employees are guided by the vision to be "best in the
manner in which we operate best in the products we deliver and best in our value
system and ethics."
Established in 1945, Tata Motors' presence indeed cuts across the length and
breadth of India. Over 5.9 million Tata vehicles ply on Indian roads, since the first
rolled out in 1954. The company's manufacturing base in India is spread across
Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh),
Pantnagar (Uttarakhand) and Dharwad (Karnataka). Following a strategic alliance
with Fiat in 2005, it has set up an industrial joint venture with Fiat Group
Automobiles at Ranjangaon (Maharashtra) to produce both Fiat and Tata cars and
Fiat power trains. The company is establishing a new plant at Sanand (Gujarat).
The company's dealership, sales, services and spare parts network comprises over
3500 touch points; Tata Motors also distributes and markets Fiat branded cars in
India.
The foundation of the company's growth over the last 50 years is a deep
understanding of economic stimuli and customer needs, and the ability to translate
them into customer-desired offerings through leading edge R&D. 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 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, which
India and the world have been looking forward to. The Tata Nano has been
subsequently launched, as planned, in India in March 2009. A development,
which signifies a first for the global automobile industry, the Nano brings the
comfort and safety of a car within the reach of thousands of families. The standard
version has been priced at Rs.100,000 (excluding VAT and transportation cost).
Business week ranked the Group sixth amongst the World’s Most
Innovative Companies. And the Reputation Institute, USA, recently
rated it as the World’s Sixth Most Reputed Firm.
Founded by Jamsetji Tata in 1868, the Tata Group’s early years were
inspired by the spirit of nationalism. The Group pioneered several
industries of national importance in India: steel, power, hospitality and
airlines.
In more recent times, the Tata Group’s pioneering spirit has been
showcased by companies like Tata Consultancy Services, India’s first
software company, which pioneered the international delivery model,
and Tata Motors, which made India’s first indigenously developed car,
the Indica, in 1998 and recently unveiled the world’s lowest-cost car,
the Tata Nano, for commercial launch by end of 2008.
The Tata Group has always believed in returning wealth to the society
it serves.
Two thirds of the equity of Tata Sons, the Tata Group’s promoter
company, is held by philanthropic trusts which have created national
institutions in science and technology, medical research, social studies
and the performing arts.
The trusts also provide aid and assistance to NGOs in the areas of
education, healthcare and livelihoods.
The Group aims to build a series of world class, world scale businesses
in select sectors.
They are offering one ordinary share valued at Rs. 340 every six shares
expecting to net Rs. 2.90 Crores, the so called “A” share would have
different voting and dividend rights, for every such 6 shares held at a
face value of 305 would raise Rs. 1.960 Crores, these proceed would be
utilized for an early repayment of the short term funding of 2.3 Billion
$ (Rs. 10,189 Crores) Borrowed for Acquisition of jaguar and Land
Rover from their principle “The Ford Motor Company’s”.
If the company will follow the above mentioned trends then possibly it
can raise its finances in a low liquidity and high interest rate set-up.
INDUSTRY OUTLOOK
The Indian Automobile Industry enjoys the advantage of low cost base,
high skilled labour, strong ancillary network coupled with
Government’s support by way of concessional excise duty of 16% for
small cars, ban on overloading and also significant investments
proposed for removing infrastructure bottlenecks. The CV industry is
directly related to the economic growth and development. The growth
in demand for CVs is directly related to the IIP index and any upsurge
in economic activities will call for more cargo movement in the
economy.
TATA Indica
DAEWOO ACQUISITION
Hispano Divo at the 2008 FIAA in Madrid In 2005, sensing the huge
opportunity in the fully built bus segment, Tata Motors became
acquired 21% stake in Hispano Carrocera SA, Aragonese bus
manufacturing company giving itcontrolling rights of the company.
The joint venture will absorb technology and expertise in chassis and
aggregates from Tata Motors, and Marcopolo will provide know-how in
processes and systems for bodybuilding and bus body design.
IMPORTANT DEVELOPMENTS
In 2005 & 06
2005; Autoline was producing 300 load bodies per day for Tata Motors.
Ace is still one of the number makers for TML, TML sold the
2,00,000th Ace in August 2008, within 4 years since its introduction.
Tata Ace has also been exported to several European, South American
and African countries. Electric-versions of Tata Ace are sold through
Chrysler's Global Electric Motorcars division.
In 2007
Tata Motors also unveiled newer model of Tata Indigo and Tata
Elegante concept-car during the Geneva Auto Show.
Tata Motors also formed a joint venture with Fiat and gained access to
Fiat’s diesel engine technology. Tata Motors is looking to extend its
relationship with Fiat and Iveco to other segments like the 'Global
Pick-Up' program. The launch of the 'Global Pick-Up' will mark the
entry of the company into developed markets like Europe and the
United States. The project was initially collaboration between Tata
Motors and its subsidiary Tata Daewoo Commercial
CHAIRMAN
CYRUS PALLONJI MISTRY
CEO
CARL-PETER
FORSTER
INTERAL AUDIT
AG
CHAPTER-3
TOPIC PROFILE
Needs/Expectations
Types of Problems
Points of Customers/Company Phase 5: Implementation
Interaction Implement Plans
Conduct Qualitative Research
Survey Customers/Employees
Phase 6: Tracking
Phase 3: Needs and Performance Evaluation
Provide Ongoing Quantitative
Provide Quantitative Measures of: Assessment of Performance
Importance of Key Attributes
Company Performance on Key Attributes
Deliver Easy-to-
Competitive Performance
Expectations of Specific Levels of Performance
Determine Areas of Greatest Impact Understand Reports to
Employees/Management
THE BEST WAY FOR ME TO DETERMINE WHAT’S
IMPORTANT TO MY CUSTOMERS
We believe that there is no single best way to assess the relative importance of
specific aspects of performance and that the choice of a method depends on your
particular needs. There are several approaches:
Constant Sum –In this method, customers are asked to apportion some
number of points, generally 10 to 100, that reflect their relative importance in
determining overall satisfaction.
RESEARCH METHODOLOGY
Research in common parlance refers to a search for knowledge. Once can also
define research as a scientific and systematic search for pertinent information on a
specific topic. In fact, research is an art of scientific investigation. Meaning of
research as “a careful investigation or inquiry especially through search for new
facts in any branch of knowledge. This inquisitiveness is the mother of all
knowledge and the method, which man employs for obtaining the knowledge of
whatever the unknown, can be termed as research. Research is an academic
activity and as such the term should be used in a technical sense.
RESEARCH DESIGN:-
A research design is the specification of methods and procedure for acquiring the
Information needed to structure or to solve problems. It is the overall operation
pattern or framework of the project that stipulates what information is to be
collected from which source, and be what procedures. A research design is the
arrangement of condition for collection and analysis of data in a manner that aims
to combine Relevance to the research purpose with economy in procedure.
The research design is experience survey research.
Experience survey means the survey of people who have had practical experience
with the problem to study. The object of such a survey is to obtain insight into the
relationships between variables and new ideas relating to the research problem
and the researcher must prepare an the questionnaire.
Sample Design:-
A complete interaction and enumeration of all the customers of was not Possible
so a sample was chosen that consisted of 100 Employees.
Type of Universe - above 500
Sampling unit - A study on the market
Size of sample - 100 customers (out of 100)
Sampling procedure - Questionnaire
Parameters of interest -
I want to know about the satisfaction level of employee for "A study of market
performance and customer satisfaction of TATA MOTORS LTD"
DATA COLLECTION
To achieve the objectives both primary and secondary sources of data
has used for this study.
For the purpose of getting the secondary data I gathered through past
records, various magazines and news papers, annual reports of TATA
MOTORS and from various websites.
CHAPTER-5
DATA ANALYSIS & INTERPRETATION
Gender wise:
Male 63 15 8
Female 9 4 1
Total 72 19 9
INTERPRETATION
Q:3.On an average 63% male customers & 9% female customers are satisfied,
That mean total 72% customers are get full level satisfied, and 15% male
customers & 4% female customers are not satisfied, That is total no of unsatisfied
customers 19%, and 8% male customers & 1% female customers are not decided.
Age wise:
Neither satisfied or
Responder Satisfied (%) Unsatisfied (%)
unsatisfied (%)
Below18 0 0 0
18-25 2 0 1
26-35 18 5 2
36-50 36 8 6
50 above 16 6 0
Total 72 19 9
INTERPRETATION
Q:4.On base of market research, 18-25 age customers satisfied is 2%, 26-35 age
customers is satisfied 18%, 36-50 age customers is satisfied 36% & 50 above age
customers is satisfied 16%, That is total no of satisfied customers is 72%, and
unsatisfied customers is 5% (26-35 age), 36-50 unsatisfied customers is 8%, and
50 above unsatisfied customers is 6% that is total no of unsatisfied customers is
19% and 18-25 age customers are not decided 1%, 26-35 age customers 2% are
not decided, 36-50 age customers are 6% are not decided , That is total 9%
customers are not decided.
Occupation wise:
Serviceman 31 3 1
Businessman 19 7 0
Student 10 5 2
Housewife 12 4 6
Total 72 19 9
INTERPRETATION
Q:5.On base of market research, i have find out serviceman customer are 31%
satisfied & 3% unsatisfied, businessman are 19% satisfied & 7% unsatisfied,
student are 10% satisfied & 5% students are unsatisfied, and 12% housewife are
satisfied, 4% housewife are unsatisfied & 6% housewife are not decided for
satisfaction.
True value 6 2 2
Tata finance 32 6 5
Autocard 5 4 0
Genuine accessories 10 4 2
Total 72 19 9
INTERPRETATION
On base of research, about facilities provided by Tata Motors Ltd, i have find out
Tata Motors Insurance providing facilities to satisfied 9% customer of Tata
motors, and about extended warranty is satisfied 9% customers & 4% customer
are not satisfied from extended warranty, 2% customers are satisfied to true value
& 2% customers are not satisfied, otherwise Tata finance customers are 50%
satisfied & 2% customers are not satisfied, 5% customers are not satisfied from
Autocard and Genuine accessories customers are 2% satisfied & 6% customers
are not satisfied, That mean allover 72% customers are satisfied, 19% customers
are not satisfied otherwise 9% customers are not decided.
CHAPTER-6
FINDINGS OF THE STUDY
Competitors of Tata motors are Maruti Suzuki and Hyundai Motors in passenger
car, Tata Motors get the 2nd position in Indian market.
If Tata motors look after following few problems (Findings) they may become
first in Indian market
1. 15% said that post sales follow ups are not done regularly, On an average
more than 73% people feel that the prices are affordable whereas 12% do
not agree. That mean all over 30% customer are not get full satisfaction
level.
2. 63% customer said test drive done properly and 34% customer said test
drive are not done properly, otherwise 3% customer are not decided.
3. 34% customer said Tata Motors give attractive discount offer & 38%
customer are not satisfied of it’s offer and 28% customer are not decided
for discount offer.
4. 73% customer said price affordable and 12% customer said price is high
otherwise 15% customer are not decided.
5. 66% customers are satisfied of commitment of Tata Motors and 19%
customer are said commitment are not fulfil and 15% customer are not
decided.
6. 70% customer said responds to complaints are quickly and 21% customers
are not satisfied and 9% customers are not decided.
CONCLUSION
The customers are fully satisfied with the product and the companies after sales
services.
In this modern and competitive era, when it is quite difficult sustain in the global
market for a long time. TATA MOTORS LTD has done a fabulous job
towards sector of the society.
Despite, the various competitors and substitute available in the market, TATA
MOTORS LTD. has been succeeded to sustain a unique among its
consumers. Most, consumers are purchasing TATA MOTORS
products because of its quality and safety. Consumers are willing to
purchase the TATA MOTORS products in future too.
Consumers are highly satisfied with the TATA MOTORS products as the quality of
TATA MOTORS is according o the needs and expectations of the
consumers. At last, it is concluded that the company as a whole is a
branded company.
BIBLIOGRAPHY
Kotler philip,& Keller Kevin (2009), (Marketing Management)Publish
(2009),
Hill McGraw.( Marketing Management ) publish 2003
Berry Berman, and Joel r Evans) ( Retail Management)
WEBPAGES:
http://www.tatamotors.com/our_world/press_releases.php?ID=458&action=Pull
QUESTIONNAIRE
Being an esteem customer of TATA Motors Ltd. you are requested
to take out a few minutes and fill the following QUESTIONNAIRE:
Name:
…………………………………………………………….....................................
Address:__________________________________________________________
_____
___________________________________________ PinCode____________
Gender:
Male Female
Age:
Below18 1 8-25 26-35 36- 50 51 and above
Occupation:
Service Business Student Housewife
Q.1) How long have you been associated with TATA Motors?
__________________________________________________________________
Q.2.) How would you rate TATA Motors on the following parameter?
Strongly Disagree Neither agree Strongly
disagree agree Agree
Nor
Disagree
i) Knowledgeable
sales person
ii) Employees spent
enough timewith
you:
a. before sales
b. During sales
c. After sales
iii) Display of
merchandise is
Attractive
iv) Availability of the
product
v) Variety/selection
of merchandise
vi) Vehicle in good
condition
vii) Prices are
affordable
viii) Attractive
discounts offered
ix) Décor of the
waiting area is
Pleasing
x) Offered a test drive
xi) Post sales follow
ups are done
Regularly
xii) Responds to
complaints quickly
Q.3) Are you aware of the following facilities provided by Tata Motors?
FACILITIES Yes No
i) Tata Motors insurance
ii) Extended warranty
iii) True value
iv) Tata finance
v) Autocard
vi) Genuine accessories
1 2 3 4
Date:
Signature