Suryakanta Nayak Project
Suryakanta Nayak Project
Suryakanta Nayak Project
A PROJECT REPORT
Submitted in partial fulfillment of the
Requirement for the award of
BACHELOR DEGREE IN COMMERCE
Submitted by
Name – SURYAKANT NAYAK
Exam. roll no.-18COM174
Redg. no.-
Under the Guidance of
Name – PRADEEP KUMAR PATTNAIK
Assistant professor in Commerce
DEPARTMENT OF COMMERCE
GOVERNMENT COLLEGE (AUTONOMOUS), ANGUL, PIN-
759143
SESSION:
2018-2021
1
ACKNOWLEDFEMENT
I would like to express my special thanks of gratitude to
my teacher Mr PRADEEP KUMAR PATTNAIK who
gave me the golden opportunity to do this wonderful
project on the topic role of branding & advertisement in
retail market of steel industries , which also helped me
in doing a lot of research and I came to know about so
many new things. I am really thankful to Her.
Secondly I would also like to thank my parents and
friends and others who helped me a lot in finishing this
project within the limited time.
I am making this project not only for marks but to also
increase my knowledge.
2
BONAFIDE CERTIICATE
This is to certify that the project report titled “
Name of the project report” submitted by
SURYAKANT NAYAK Roll. No18COM-174 in
partial fulfillment of the requirements of the
Graduate Degree in Commerce for the academic
session 2018-2021 is the original work of the
above candidate.
Guide
3
DECLARATION
I , SURYAKANT NAYAK ROLL NO- 18COM-174 REG. NO-
final year students of B.COM of GOVERNMENT
COLLEGE(AUTONOMOUS), ANGUL would like to declare that
the project entitled” “, is a bonafidework done by the student in partial
fulfillment of Bachelors Degree affiliated to Government college
(Autonomous), Angul. The research submitted is my original work
and true to the best of my Knowledge and belief.
Date-
4
CONTENTS
Chapter - I
Introduction
Chapter - II
Chapter - III
Research Methodology
Chapter - IV
Chapter - V
Chapter – V I
Limitation
Appendix
a. Questionnaire
b. Bibliography.
5
INTRODUCTION
6
INTRODUCTION
The present study is an attempt to conduct a survey check the feasibility of GP to
Consumer has its own choice they prefer those brands by which they get satisfaction.
In fact the customer continuously displaced different buying behavior 40 depending on what
Today customer know exactly what they want and does not stick to particular bra, if
Customer is more value conscious these days the factor that drive the consumer
behavior today can be very different tomorrow's as to keep track of their demand behavior
Today if company wants to be in the market it has to keep in touch with customer and
consistently try to come to be expectations of consumer by launching the new and modifying
products.
The brand play a critical role in building the fortunes of a company . Given that
consumption patterns are more or less static. Companies have few changes hook a customer .
7
INDUSTRIES PROFILE
8
COMPANY PROFILE
The ESSAR GROUP was founded in 1969 by brother's Shri Shashi Ruia and
Ravi Ruia
The Ruia family, s origins are in Rajasthan. Something in the 19th century it moved to
Mumbai and set up its own business .In 1956 ,Shri NandkishoreRuia ,father to Shri shay Ruia
and Ravi Ruia moved to Chennai of the south Indian state of Tamil Nandu ,to begin two
independent business activities. He mentored his sons in the intricacies of business. Wl %44
shriNandkishorRuia passed away in 1969, the brothers laid the foundation of the grow.
The ESSAR group began its operations with the construction of an outer breakwater
opportunity,become Indian's first private company to buy a tanker in 1976. The group also
investe in a diverse shipping fleet and oil rigs, when government of India opened up the
Then, in the 1990 Essay began its steel making business by setting up Indian's first
sponge iron plant in Hazira, a coastal town in the western Indian state of Gujarat. The group
went on to build a pellet plant in Visakhapatnam and eventually a fully integrate steel plant in
hazira.
Through the 1990s with the gradual liberalization of the India economy ESSAR
seized every opportunity that came its way it diversified its shipping fleet started oil
gas exploration and production laid the foundation of it oil refinery at vainer Gujarat
and Set up the power plant near the steel complex in hazira the construction business
helped the group build most of its business assets ESSAR also entered the GSM
(telephones
9
business establishing India s first mobile phone service in Delhi ( brander ESSAR call
The 21st century for the ESSAR group has been all about consolidating and growing
the "0 business with M&AS new revenue streams and strategic geographical expansion. The
ESSAR group is a diversified business corporation with a balanced portfolio of asset the
With a firm foothold in India the ESSAR group gas been focusing on global
expansion project and investment in Europe, North America theCaribbean Africa the
Middle ESSAR "40 and south East Asia invested in the commodity annuity and of
services businesses .Forward and backward integration, an well as the use state-of-theart
technology and in house search and innovation have made Essay a leading player in each of
its businesses.
Vision
10
Mission
those we touch.
MANAGEMENT TEAM
No ESSAR steel hyper mart is a division of ESSAR Steel Ltd...
11
* Mr.DilipOommen
* .MrGirish Rao
*Mr.SukantRatnakar,
GM, Central Zone.
* Mr.ManishKumarSingh,
GM, UP & UT.
Manager, Kanpur
STEEL
12
STEEL
resutling in India becoming the 5th largest producer of steel globally producing about 53
million tones of steel year today account for a little over percent of the total production.
Indian is the only country world over to post a position overall growth include steel
production 1.01 percent for the January march period of 2009.th ,,recovery in steel production
According to a report from Barclays capital china and India are going to provide the
PRODUCTION :
Steel production grew at 1.2 percent in the January mar, quarter of 2008-2009 over the
same period last year .the fourth quarter saw .,-most of the large steel companies such as
The national steel policy has a largest for taking steel production up to 110 metric ton
by 2019-20 none the less with the current rates of the ongoing greet field and brown field
projects the steel has projected Indian steel capacity is expected to touch 124.09 metric ton
private produce) w4dwith the various state government .Indian's steel capacity is likel
CONSUMPTION :
13
India is the fifth largest consumer of steel in the world. It consumes about 1.
million metric ton of stainless steel a year with around 70%accounting for %% kitchen wave.
However it's used in railway coaches' wagong, airport, hotels, and retail stores is growing
immensely .demand for steel in India is likely to grow at around 13% against the global
average of 6-7% steel consumption grew at 3.8% in Jan –march quarter of year 2009-10 over
A credit Suisse group study state that Indian's steel consumption will continue to grow
by 17% annually till 2012,filled by demand for consumption of steel is huge, given that per
capita steel consumption is only 40kg compare to 150kg across the world and 250kg in china.
EXPORT:
Out of India's annual iron ore production of more then 200 metric ton about
50% is export.
Iron ore export increased 18% to 12 metric ton in 2009 from 10.8 metric ton some
month a year ago. Owing to a moderate revival in demand from Chines steel producers, as per
the latest data compiled a group of top Indian mining firms. Earlier according to a study with
the rise in demand for steel in china. woo India's iron ore products went up by 38% to reach
13.6 metric ton in dec 200' Around 50-60% of India of iron is export to china..India's export
during April –December 2008 were 64.4 metric ton. The Government has reduced export
duty on iron ore lumps from 15%.which has liven a further flip to export.
INVESTMENT:
with an expanding consumer market, the Indian steel industry likely to receive huge domestic
14
and foreign investment. According to investment commission of India ivestment of over used
G0VERMENT INITIVE
The government has construction which will give a flit to the steel sector
removed full exemption of custom duty on 'Nindustries and agricultural commodities .iron
and steel product pig iron , spiegersies, semi –finished products flat products and long
The Indian government billion plans to invest over USD 350 biin industries related to
infrastructure and
ROAD AHE :
While the demand for steel continue to grow in traditional sector such as
infrastructure construction housing automotive steel tubes and pipes consumer durable
Fertilizers etc the new airport and railway metro project will require a large amount of
stainless steel.
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1. Trust of Essar Quality
2. Immediate Delivery
3. Transparent Pricing
4. Easy Contactability
5. Pan- India Ptesence
Wel come to a whole new way of buying steel.
PRODUCT LINE
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PRODUCT LINE
Essar steel products are world-class meeting the highest international standards.
The company's extensive marketing network and after sales service ensure
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COLD ROLLED PRODUCTS
GALVANISED PRODUCTS
oiled form.
Used for:
• Transport Industry
• Line pipe
• Corrosion resistance
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HOT ROLLED PRODUCT -PLATES
Essar steel's high precision shearing line (SMS-USA) produces top quality steel plates
that meet demanding international standards.essar steel is the only Indian company to receive
Essar caters to the plates demand form the following broad market segments.
Used for
• Ship building
• Railways
• Heat Exchangers
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HOT ROLLED PRODUCTS — SHOT BLASTED AND PRIMED
Shot blasted and printed steel from essar offer the cleanest surfaces a] a
comprehensive environment ronment protection to its steel. The ideal steel fi use in extreme
applications shot blasted and painted steel from essar India's first ever in its category.
Used for
• Welded beams
• Ship building
• Bridge girders
• Component fabrications
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COLD ROLLED PRODUCTS
Hot rolled coils from Essar Steel are used to produce cold rolled products in the coils/
plates and sheets form. A smoother surface finish, improved tensile strength, and customized
Used for
• White Goods
RANGE:
21
• Finishing Facilities: Slitting
Cold-rolled steel coil /sheet/strip Cold-rolled stee coil: we produce all kinds of
Cold-rolled steel coil Cold-rolled steel coil -- competitive price and various
Hot dipped galvanized steel We have three hot dipped galvanized steel product lines which
22
GALVANIZED PRODUCTS
Essar Steel now offers the best of breed galvanized products with the
highest level of customization. The products are available in the widest range of
Used for:
• Construction
• Corrugated Sheets
• Agriculture Equipment
Range:
1250 mm/49.21"
mm/189”
Galvanized Products:
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• Galvanized steel coilGalvanized steel coil with high quality,
reasonable price ,on time delivery and good after service....
resistance, humid...
24
GALVANIZED CORRUGATED SONA SHEETS
Essar sona galvanized corrugated sheet is now offers the best of breed galvanized a4 products
with the highest level of customization. Sona G.C. sheet yet another oreakthrough in roofing
solution from the trusted house of essay steel. And here's list features that only assert our
superiority over other brands. After all every home need a strong foundation and every
stronger roof.
Essar sona G.C sheet are stronger then other G.C sheet by an amazing 5% test it to
believe it.
Available Thickness:
.16, .18, .20., 22., .2 5, The G.C sheet come with zinc coating with thickness of
120gsm (grams per square meter) lending it greater durability.sona G.C sheet exhibit better
brightness that makes Nome beautiful and cheerful .a feature not to be seen in other G.C
sheet.
25
Sona G.C sheet are uniformly coated so corrosion find no weak spat even when fixing
ft* nuts & bolts and better coating adherence protects the sheet from scratches and other me
damages.
Available Width:
Available Length
2440mm,3050mm,3660mm,4270mm,4640mm
Tacilities.,
26
HOT BRIQUETTED IRON PLANT
ESSAR Steel operates the world's largest gas-based hot briquetted iron (HBI) plant with a
production capacity of 5.1 "to million tonne per annum (MTPA). The plant uses state-of-the-
art technology, which. ensures high quality raw material for the steel
plant. Essar Steel is one of the world's lowest cost producers of HBI on a per tonne
basis. The plant is supported by a captive power plant of 32MW, which operates at
100% capacity.
MTPA at Hazira, Gujarat, and plans to increase this to 9 MTPA. The Indian operations also
complex at Visakhapatnam.
27
The complex also houses the steel plant. and the 1.4 MTPA cold rolling complex. The
steel complex has a complete infrastructure setup, including a captive port, lime plant and
oxygen plant.
28
Cold Rolled I Galvanised Coils & Sheets I SONG GC Sheets
Hot Rolled Products
Essay Steel produces the finest quality of 24 carat Hot Rolled steel in India . Since its
introduction, Essar's Hot Rolled steel continues to be a critical input for highly demanding
applications. Essar's Hot Rolled Products are available in plates, sheets and coil form.
Application
General Engineering, Automobiles, Infrastructure, Oil and Gas pipelines, Line
Pipes etc.
29
Cold Rolled I Galvanised Coils & Sheets SOMA GC Sheets
Chequered Plates
Essay's 24 carat steel Chequered Plates are high- friction plates ensuring maximum
skid-resistance.
These plates are available in tear trop pattern with a maximum bead height of
1.2mm.
Application
Multiple uses in flooring, grating over closed gutter/culvert and structural functions.
Width: 1250mm
Length : 5000 mm
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Cold Rolled I Galvanised Coils 0& Sheets SOMA GC Sheets
environmentally-friendly, but can also be directly used to save time and cut costs. They are
highly weather- resistant and are available in Red Oxide or Zinc Silicate Primer coating.
Application
Ship and barge building, pre-fabricated buildings, construction and railway wagons.
Width: 1500mm
Length: 6300mm
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ANATOMY OF WORLD
“PROJECT”
ANATOMY OF WORLD “PROJECT”
know the basic sense of the word before going in to project work.
P for Planning
R for resource
are the material tangible or intangible which are required for fulfillment of
work.
These are the expenses of planning and activities. Expenses are incurred
successfully, A better completion can be achieved by joint and total efforts of all
32
E for engineering
C for construction
T for Techniques
These are need for the successful and better completion of task.
Domestic
Essar Steel's complex at Hazira, Gujarat, India is ideally located to serve major domestic
markets. Its location in Western India places it close to the highly industrialised western
region of India, home to the bulk of the demand for hot rolled steel flat products, Major cold
rolling mills and galvanizing mills, along with a host of other industries including the
automobile sector, oil and refinery installations, white goods, general engineering, pipes and
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• Essar operates the widest Hot Strip Mill (HSM) in India (2000 mm)
• Houses the only mill in India offering skin pass material for high end steel
applications
• Cold Rolling Mill is strategically located adjacent to the Hot Strip Mill, yielding
There are certain customised lots and manufacture dimensions that only Essar can
produce to world--class quality standards. It has successfully replaced the highvalue, high-
quality imports for cold rolling grades in the country and currently enjoys a healthy market
share, Essar's quality in boiler, API, corrosion resistant and pressure vessel grades are well
INTERNATIONAL
Essar Steel is India's largest exporter of flat products and it exports about half its
34
Essar Steel is a significant force in international markets and is recognised the world
over as a supplier of high-value hot rolled steel coils. Essay's varied range of products,
matches international delivery schedules as well as the quality and pricing parameters.
The emphasis on value-added grades like line pipe grades, LPG grades, high tensile
grades, CORTEN and cold rolling grades make Essar a versatile steel manufacturer-, With
customised lots and manufacture dimensions only Essar can produce, the company has a
distinct advantage in the international markets. Catering to quality conscious niches, Essar
Steel competes against top-of--the-league foreign steel producers. For example, its API
standard steel and low sulphur steel is made only by a few world-class manufacturers.
• Wide width coils for cold rolling and general engineering applications
35
See the complete list of trends that we analyze.
estimated at $193.0 billion, plus local advertising such as local TV and local
Among the best growth areas in advertising in recent years have been
billion in 2008 on a worldwide basis, up from $1.7 billion a year earlier. The
screens accept advertising, and that this sector grew 18.5% in 2007 to $539.9
million. GroupM, a unit of global advertising agency giant WPP, estimates that
global advertising on the Internet was $54 billion in 2008, and will grow 10% in
36
advertising, while radio, TV, magazine and outdoor advertising are all very soft
at best.
have been especially hard on the advertising and media industry. Media firms
are responding by cutting ad rates in many cases, while cutting their own
Estimates of size, scope and growth of advertising markets vary from one
$156.8 billion for 2009, while Publicis Group's media experts at its
total global advertising for 2009, including positive growth in Latin America
the 1.4,411 radio stations in Arnerica (about $19.5 billion in annual revenues),
the 3,115 broadcast TV stations plus myriad cable and satellite TV outlets
(totaling about $71.6 billion in advertising revenues), the 2,329 daily and
media like the tens of Internet magazines, at about $23-1 billion in U.S.
everything from ball point pens printed with a message to t-shirts to small
Advertisers are faced with daunting new realities when considering the
various media they might use to get their messages across. Traditional media are
losing control over their audiences. That means that advertisers can no longer
feel secure that their ads on TV, on the radio or in print are going to receive
mindshare. Gone are the days when television and radio programmers enjoyed
captive audiences who happily sat through ad after ad, or planned their
demographics, now demand more and more control over what they watch, read
and listen to, and thus more control over the advertising they might be exposed
to.
38
• Paid one-time downloads of content for permanent use, versus one time
good news. Effective advertising today targets consumers based on things they
are passionate about, rather than simply their age or income bracket. That is, the
interest groups." For example, consumers who read Bon Appetit magazine
(gourmet food coverage), watch the Food Channel on cable TV and hold
Platinum American Express cards are likely to respond to messages that are
created around direct mail to these upscale credit card holders, combined with
print ads in the magazine and cable TV ads on the Food Channel. This is a
target marketer's dream come true. The product might be fine wines or Viking
ranges, but it could just as easily be ads featuring Lexus luxury automobiles
shown being used to bring home gourmet food ingredients, drive to a gourmet
restaurant or arrive at the Aspen Food Festival. The campaign might be topped
39
off with special ads or an online contest on the Epicurious gourmet foods web
streaming video demonstrations or useful news on the advertiser's own web site.
based news and entertainment programming, satellite radio and online social
networks are booming. Never in history have there been so many unique
specific web site page may finally make advertising truly trackable and results-
services are growing rapidly, leading to new opportunities for direct-selling via
TV. With interactive cable TV, subscribers can order movies on demand and
other unique services. They also have the ability, to respond to direct sales
offers via their cable systems. For example, viewers watching a pay-per-view
music concert may be able to order souvenirs such as t-shirts via interactive
cable. Cable TV offers another unique advantage to direct sellers and other
advertisers. Since the cable system knows the address of the cable subscriber,
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that address information can be matched against demographic databases to
via telephone wires, battling cable and satellite TV firms for market
share. Millions of cell phone owners are subscribing to mobile video, enabling
them value and size of the home and other data. Ads displayed by the cable
Frankly, the use of ads that are intensely targeted to "passion interest
Satellite radio delivery of subscription -based music and talk programming has
41
Telecommunications companies such as AT&T (formerly known as SBC
• vital. Media companies and the advertisers that rely on them are being
(DVRs), video-on-demand (VOD) and MP3 players have vastly altered the way
consumers enjoy entertainment. People watch and listen according to their own
desires and whims. Miss the finale to a favorite television show? Rent or buy it
recording artist's new CD? Buy and download just the one song via the Internet
42
at i'Tunes. Love a prime-time drama on a major network but hate commercials?
upon which most media have traditionally run are becoming obsolete. Revenue
relevance while electronic program guides are becoming more and more from
consumers.
news, radio news and newspapers all find that they have to compete fiercely
migrated away from "free" broadcasts on TV and onto paid cable channels and
pay-per-view systems.
Multipurpose cell phones are now used for more and. more entertainment
purposes. Game machines are going multipurpose with the ability to connect to
the Internet and play DVDs. Broadband to the home has grown to vast, mass-
market numbers, while high-speed wireless connections are enhancing the use
of entertainment and media on the go. A serious evolution of access speeds and
delivery methods will continue at a rapidfire pace, and media companies will be
creating even more opportunities for online advertising. At the same time,
millions of people are signing up for cell phone service for the first time, and
many of those new cell phones have color screens capable of displaying
advertising clients to online and cable TV media, and are becoming thinner
Internet news and advertising delivery rivals. In 2008 and 2009, therewere
significant closings of major newspapers in the U.S., such as the Denver area's
Rocky Mountain News. The Seattle Post only, in March 2009, after slashing the
Other newspapers have reduced L the size printed publication. The Detroit
Free Press put an end to daily home delivery. Classified ads are migrating
44
quickly to web sites such as Craigslist.com. Traditional radio broadcasting is
based radio programming due to such alternatives as satellite radio and MP3
On a brighter note, advertising, long the main revenue source for much of
the media industry, is supporting an entirely new industry: paid Internet search.
Google, Yahoo!, AOL and other U.S. Internet sites generated more than $25
45
OBJECTIVES OF THE STUDY
• Brand Image.
46
RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
specific topic.
47
Research Methodology is concerned with the procedure followed to
• Secondary Data was collected with the help of SAIL employees, from
developed
• Data processes
48
RESEARCH PROCESS
RESEARCH DESIGN
49
The first stage of marketing research calls for developing the most efficient plan for
getting need to know the cost of the research plan before approving it. Design research
DATA ROURCE
The research can gather secondary data primary data both.
PRIMARY DATA:
Primary data are gathered for specific purpose or for a specific research project. It is
very important to know that when the needed data do exit or are dated inaccurate or
unreliable the researcher will have to collect Primary data. Most marketing research project
SECONDARY DATA:
Secondary data are data that were collected for another purpose and already
somewhere.
whether their problems can be partly or wholly solved without collection costly primary data.
Primary data: Questionnaire was used for research study was self developed. Data
was collected from dealer and later was processed and analyzed to reach conclusion.
Secondary data: Secondary Data was collected with the help of SAIL employees
from website, from branch office Lucknow etc. collecting data from company net & books.
50
• Focus groups
• Survey research
• Behavioral data
Research Instruments:
There is mainly one types of research instrument for collecting primary data.
• Questionnaires
But in my study I need only questionnaires instruments for collecting primary data.
SAIL is India's largest steel producer with a turnover of Rs. 40,551 crore in
2009-10 It operates and owns five integrated steel plants at Bhilai, Durgapur, Bokaro,
Rourkela and Burnpur and three specialty steel plants at Salem, Durgapur and
Producer of Iron Ore in India with 23.-MT productions in the year 09-10. SAII countrywide
With total number of dealers reaching 2500, SAIL has its presence in almost all districts of
the country. To develop new technology for the steel industry and achieve world standards in
quality, SAIL has a well equipped (Research & Development centre for Iron &steel at
increase its hot metal crude steel and saleable steel production. The ongoing expansion has
beer planned to achieve saleable steel production of 20.23 million tones at a cost of Rs.
SAIL has successfully planted seeds of promise, strengthening the nation and
touching the lives of millions as largest steel producer of the country. SAIL has been
51
DATA ANALYSIS
AND
INTERPRETATION
52
35%
know
don't
65%
35% TATA
20% National
15% ESSAR
30% Jindal
53
30%
35%
TATA
National
ESSAR
Jindal
15%
20%
54
10%
40% TATA
JINDAL
30%
NATIONAL
ESSAR
20%
CONCLUSIONS
During the project, I found that marketing research is the not an easy task It needs
hard work and proper guidance.
I have found so much information about G C Sheets in Retail any office. I found that
there is no awareness among the customer in rural are only. 35% customer aware 65% not
aware.
Customer using the GC sheet right now
40% Tata
20% Jindal
30% National only 10% Essar.
Factor behind the decline of sales
Low advertisement
Low awareness
The brand image of Essar steel is not very good in the eyes of customer. I rural areas
people are not aware the-Essar steel.
55
LMITATIONS
3. Subjectivity is the main limitation of the study. It is very difficult to verify the
research results.
4. The projects generally took longer time. The time by which the research
results are presented market siyuation can under go a change.
56
BIBLIOGRAPHY
57
BIBLIOGRAPHY
I have benefited from scores of books and articles, for the purpose of preparing
this project report. The list of books, periodicals, and web sites used for the
BOOKS
WEB SUPPORT
• www.goole.com
• www.godrej.com
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QUESTIONNARIES
59
(c) Good
(d)Bad
(e)No comparison
60