G L Bajaj Institute of Management and Research Greater Noida Summer Internship Report
G L Bajaj Institute of Management and Research Greater Noida Summer Internship Report
G L Bajaj Institute of Management and Research Greater Noida Summer Internship Report
In
MANAGEMENT
This is to certify that Mr. Devender Mahawar a student of PGDM (2021-23 Batch), at
GLBIMR, Greater Noida, has undertaken the project on “Study on the factors affecting the
purchasing of branded tea products in B&I channel” under the guidance of Mr. Abhinav
Sharma (Industry Mentor’s Name) for a duration of 6 weeks, from 15thJuly to 15th august 2022.
During her tenure with us, we found her sincere in her outlook towards professional work.
Signature
Name
Designation
Organization seal
3
CERTIFICATE
This is to certify that Mr. Devender Mahawar a student of PGDM (2021-23 Batch), at
GLBIMR, Greater Noida, has undertaken the project on “Study on the factors affecting the
purchasing of branded tea products in B&I channel”. The survey, data collection, &
analysis work for preparing the project has been carried out by the student in partial fulfilment
of the requirements for the Award of Post Graduate Diploma in Management under my
Date:
(Signature)
4
ACKNOWLEDGEMENT
I owe my gratitude to many people who helped and supported me during the entire Summer
Training. My deep sense of gratitude is due to Mr. Abhinav Sharma Zonal Manager at
Goodricke Group Ltd. for allowing me to carry out the Summer Internship and this Project at
the organization and to be constantly available to me for the period, for guidance. He/ She also
helped me to see the subject of study in its proper perspective. Thanks, and appreciation is also
due to the officials, employees and respondents of Goodricke Group Ltd., for their support.
I am highly thankful to DIRECTOR Dr. Sapna Rakesh, Director of the Institute for her support,
motivation and continuous efforts in providing us the better learning environment and
opportunities to groom ourselves as per the expectations of the corporate world.
I am also thankful to CRC Head for providing me the opportunity for SIP in Goodricke Group
Ltd. My sincere thanks to Atul Arora, the Faculty Guide of the project, for initiating and
guiding the project with attention and care. He/ She has always been available for me to put
me on track from time to time to bring the project at its present form. I also thank all faculty
members without whom this project would have been a distant reality.
Signature
Place:
Date:
5
ABSTRACT
The Main purpose of this study is to identify the factors influencing on consumers' purchasing
decisions for branded tea in Greater Noida & Noida. This study find out the relationship
between the factors influencing a consumer's buying decision on branded tea and the
consumer's loyalty towards the company. The study concentrated primarily on the
socioeconomic factors that influence consumer loyalty towards brands of the tea.
Primary data were used in the study. Primary data were mainly collected from a survey using
binary logistic regression analysis were used for data analysis. Statistical analysis was
performed using bar graph & column chart. Results: According to the factor analysis, three
Buying behaviour describes any purchase that a consumer makes, through it was not planned
in advance. This paper is an attempt to find out the factors that affect consumer-buying
behaviour of tea. The impact of various variables like quality, aroma, flavour, taste, colour of
end product, brand image, value added tea, retailers influence, influenced by others, reasonable
and gift/promotion/strategies on consumer buying behaviour, have been analysed. The study is
based on the primary data collected from both colleges and offices consumers in with the help
of structured questionnaire. Data analysis has been done using BAR graph & COLUMN chart.
6
Table of content
Sr. no.
1 Introduction
2 Company profile
3 Literature Review
4 Research Objectives
5 Research Methodology
7 Conclusion
9 Bibliography
10 Questionnaire
7
CHAPTER: 1
Introduction
8
In India, the tea plantation industry was materially initiated and shaped by the European
entrepreneurs (Sarkar, 2008). Essentially, the requirement of seed capital to establish the tea
industry in India was injected by the UK. Thus, the industry was dominated in terms of
management and ownership by the colonials. However, World War II brought about
significant changes in the industry in the area of management and ownership patterns. The
war incited the Indian entrepreneurs to start new ventures. Dining the war, Indian
entrepreneurs produced a large variety of goods that were required for the war efforts. The
encouraged Indian entrepreneurs then entered into venturing in tea. There was another factor
behind it. During the war, a large number of workers and staff members were shifted from the
tea industry for the construction of bridges, airfields, roads, and also for assisting the aimed
forces. Thus, the industry faced a shortage of workers and staff to produce tea. All these
factors made a big challenge for foreign companies to maintain their business. Dining this
point of time, some foreign tea companies changed their ownership into Indian companies.
As per investment is concerned, the plantation sector offers more employment in India. The
tea industry has given direct employment to 12,57,610 workers (Tea Digest, 2004) and
several millions of people in an indirect way. One of the unique characteristics of the tea
industry is that it employs more women workers. In India, tea is grown in 5,79,353 hectares
areas which are around 16 percent of the total tea cultivation area in the world.
The tea industry occupies a predominant position in the Indian economy. Tea is the most
According to the recent report published by the Tea Boar d of India (TBI) in 2017, India
occupies the second position in the world in terms of tea production, which is just after
China. India produced around 23 percent and China produced 43 percent of the global
production of tea hi 2016 (Shown in Figure 1.1). India also occupies the fourth position as an
9
exporter of tea and exported 12.19 percent of total tea export in tire world market in 2016
(Shown in Figure 1.2). It is important to recor d that around 80 percent of tea produced in
India is consumed within the country. Out of the entire tea production in India, die North
Indian tea industry produced 1008.56 million kilograms, whereas the production of North
Bengal, which comprises Terai, Dooars, and Darjeeling regions, were 329.70 million
kilograms in 2016.
However, in India, 97.36 percent tea is being produced by the four major tea-producing
states, viz. Assam (52.95 percent), West Bengal (26.73 percent), Kerala (4.59 percent), and
Tamil Nadu (13.09 percent). The other tea-growing states’ contribution is little (2.62
percent). These states are Arunachal Pradesh, Bihar, Himachal Pradesh, Manipur, Mizoram,
Nagaland, Sikkim, Tripura, and Uttarakhand. North Indian tea industry’s contribution is 82
percent, whereas the contribution of the South Indian tea industry is 18 percent during the
year 2016 (Shown in Table 1.1). In India, as per the geographical location, the tea industry
has been divided into two regions: the tea industry of Northern India and the tea industry of
Southern India. The northern parts of Bengal and Assam are the major tea-producing areas of
the North Indian tea industry. Doors, Terai, Darjeeling, Cachia; Darang, Dibnigarh, Sib
Sagar, etc., are the prime producing regions of tea in North India.
In the financial year 2015-16, India produced the highest tea production hi its history which is
1,233 million kilograms and exported around 232 million kilograms which valued at Rs.
4,493 crores. This record quantity of export was observed after 35 years. Earlier, in 1980-81,
“Study on the factors affecting the purchasing of branded tea products in B&I channel”
With s large network of tea producers, dealers, distributors, auctioneers, exporters, the tea
industry in India is one of the most significant sources of income for the nation.
The tea market has expanded over time, and numerous tea brands have been released by well-
Customers can now select a premium tea brand based on their preferences thanks to this.
The variety of the retail industry makes it easier to access various tea brands.
Particularly in India, the growth of the supermarkets channel has made it possible for
There are several well-known grocery chains in India, with the majority of them centred in
marketing strategies, the local tea market in India today is vibrant and cutthroat.
As a result, in order for the current businesses to remain competitive, they must both grow the
ir base of loyal customers and cut down on the number of customers that migrate to a differen
t brand.
For a business to gain market share and power, it must prioritise customer pleasure.
Consumers who consistently repurchase their favoured brands demonstrate brand loyalty,
which is the key factor in determining which brand of tea they would choose.
To boost brand loyalty and lesson the propensity to move to other brand, tea companies
Therefore, the businesses must determine both the elements that are crucial for developing cu
stomer loyalty and those that could result in a transition to a competing brand.
There is an increasing need to understand changes in consumer purchase decisions since cons
Numerous studies have been conducted to look into the variables that can affect customers' d
Size, number, quality, and price are just a few variables that Kotler et al. claim have an impac
Porter has demonstrated that lowering pricing and setting the company apart from rivals can
CHAPTER: 2
Company Profile
13
India-based Goodricke group limited is a tea-producing business with its main office in west
Bengal.
It is a component of Camellia PLC UK, the biggest tea producer in the world's private sector.
Goodricke Group Limited, Stewart Holl (India) Limited, Amgoorie India Limited, and Koom
ber Tea Co. Pvt. Limited are the four tea-producing businesses under its umbrella.
The Group has 27 tea factories and 30 gardens located throughout Darjeeling, the Dooars, As
The Goodricke Group recently purchased two estates from the McLeod firm in Assam while t
Major Darjeeling brands include Goodricke Castleton, Roasted, and Margaret's Hope, while
Goodricke Khaas, Goodricke Zabardast, and Goodricke Chai are among the top Black (CTC)
brands.
The greatest and second-largest producer and consumer of tea, respectively, are India and
China.
However, because domestic demand is so great, they only export around 25% of what they pr
oduce.
Since most customers chose tea as their main beverage, tea is the second most popular bever-
Despite being one of the oldest beverages, tea continues to rule the market in terms of sales, e
There are about 1000 different kinds of tea, which are frequently divided into black tea, white
The estimated size of the global tea market in 2019 was $55,144 million, and by 2027, it is
Herbal tea is increasing popularity but black and green tea continue to dominate the market.
With $16,362 million in revenue in 2019 and a forecasted increase to $26,110 million by 202
7, the green tea category contributes the most to the global tea market, with a CAGR of 9.8%.
Tea has gone from being a luxury good to a necessity as a result of improved lifestyles and alt
The variables that affect tea intake behaviour were outlined by Natalie (2009).
One of the key influencing the rise in tea consumption is cultural change.
Consumers now strive to "natural, healthy, natural regression" and the major qualities of tea a
re summarised as "low calories, low sugar, and low fat," which meet the demands of modern
living.
One of the key justifications for include tea in a diet list is the presence of antioxidants and m
There is scientific evidence to support the claims that drinking tea regularly helps with weight
People who enjoy drinking tea can persuade their social networks to do the same, which leads
Younger generation with extra money perceives tea as more “cool and fashionable” and cost-
effective.
Once consumers start loving tea, psychological factors like brand loyalty lead them to buy it f
requently.
15
Increased attention on weight management among wealthy individuals has had a significant i
eastern states of higher Assam, west Bengal, south Kerala, and Tamil Nadu.
75% of production comes from the North East, and the remaining 25% comes from the South
Although North East tea quality is better, yield per acre is lower.
For a very long time, the former USSR used to pay artificially high prices to Indian tea produ
The industry has suffered greatly as a result of the fall of the USSR.
Rival nations Kenya and India was underdeveloped, had considerably more lenient rules, and
In India, tea bushes are generally older than normal, which results in decreased productivity.
Companies that sell tea must determine their own particular income tax obligations.
The state government taxes 60% of pre-tax profit as firm income, while 97+ business
History
1800- 17 tea estates the sterling tea companies possessed in India, 12 were Jalpaiguri area, 3
In the late 1800s, they started tea gardens, and over time, they expanded into India.
16
In accordance with the Foreign Exchange Regulation Act (FERA 1973), the Reserve Bank of
India (RBI) authorised the company to conduct business with the Sterling Tea Group.
On June 14, 1977, a public limited company was established in West Bengal, India.
The goal is to grow, produce, handle, mix, develop, process, buy, exchange, and deal with tea
in a variety of ways.
On June 27, 1977, the Registrar of Companies issued a certificate of entitlement in accordanc
1 January 1978 – The 8 Sterling Companies merged with the Goodricke Group Limited.
Gardens
• Darjeeling
• Assam
• Dooars
Products
Bulk Tea- Both Orthodox and CTC tea from the Assam, Doors and Darjeeling gardens are
sold in volumes. They are packed in tea chests, paper sacks and jute bags, and are marketed
mostly through the public auction System, private and consignment sales, Exports and Direct
Darjeeling- Some of the most popular tea variants of Goodricke Tea come from its Darjeeling
Tea gardens. The gardens include Margaret's Hope, Castleton, Badamtam, Barnesbeg and
Thurbo. The teas from these gardens are usually sold to buyers from Japan, Europe and the
United States.
Assam- In Assam, the Orthodox tea from the gardens of Nonaipara, Harmutty, Orangajuli and
Dejoo is sold in bulk in the Middle East, the UK and Germany markets. The handpicked CTCs
come from the gardens of Borbam and Amgoorie and sold in bulk across India and abroad.
Doors- This part of the Himalayan region offers CTC tea. The tea from the Leesh River and
Danguajhar gardens is quite popular and, thus, sold in bulks all across.
The Ready to Drink Tea is readily available in HWS (Hot Water Soluble) and CWS (Cold
Water Soluble) form. The concept of instant tea prepared from green leaf has made a mark in
the development of Indian Tea Industry. As per the customers’ specifications, instant tea is
made from raw materials like green and black leaf tea. Following are the currently available
Brands
Darjeeling Tea
• Roasted
• Thurbo
• Khaass
• Goodricke Chai
• Zabardast
Gift Packs
• Season's 3 in 1
Major competitors
As Tata tea has offer many different varieties in the market that are:
• Tata Agni
• Tata Premium
In my region where I conduct my research Tata is the biggest competitor for the Goodricke
Group ltd. Because they had covered most of the market. And to overcome their market share
in the region it will take time but with better efforts the company will get the market share
from them.
19
The main thing for the Goodricke is that they are also offering a huge variety of products.
Brand marks
Goodricke Tea owns brands that are both, iconic and have a strong heritage value. It owns the
most iconic gardens in Darjeeling and produces the finest orthodox teas, heralded and coveted
by blenders and connoisseurs alike. Fresh CTC Teas from Goodricke also enjoy wide
popularity.
20
CHAPTER: 3
Literature Review
21
Environmental concern has grown over the past three decades (Yeon shin Kim and Sejong
marina choi, 2005), and ecological issues are now of the utmost importance and are
To demonstrate this, consider the numerous pieces about ecology that can be found in reputab
le publications like Dagan's Nyheter, Le Monde, or Los Angeles Times, covering everything
According to Chandra Kumar et al. (2016), the majority of respondents chose tea over other b
The majority of respondents, both in rural and urban areas, were also reported to have used th
According to the study, customers in the Nilgiris district have few brand preferences. Demogr
aphic and psychological characteristics are the main determinants of brand preference for tea,
As additional factors in choosing tea brands, offers and endorsements of new brands were
also included.
According to A (2020), the demand for packet tea may be met by diversifying tea goods, such
Although sales and market share are used to gauge a company's present performance, consu-
mer contentment with a particular brand of tea helps drive future sales.
The discovery of wild tea plants in Assam during the first half of the 19th century led to the
Tea was gradually grown, local tea markets emerged, and tea businesses were established.
The final step is to pack the tea into jute bags or wooden chests for transport to storage faciliti
es before auction.
22
Additionally, tea from the gardens is bundled into consumer packs and sent to retailers.
India develops a vast network of tea producers, retailers, distributors, auctioneers, exporters,
The country's tea consumption patterns and consumer perceptions of tea consumption were
It concentrated on the topic of consumer perception when purchasing and consuming tea.
It also placed emphasis on the effects of advertising on consumers and retailers, as well as the
Ramanuj Majumder (2010) went into great length about the value of understanding consumer
for marketers and provided numerous real-world instances of how Indian marketers have
consumer behaviour and provide numerous useful insights into the Indian market.
Ronald A. Fullerton (1994) looked at one instance of consumer behaviour research, with
The research displayed an extraordinarily high level of skill in evaluating consumer experienc
The 2010 Market Analysis Report was created using data from several sources.
Its main objective is to disseminate knowledge about Peruvian consumer attitudes, behaviour,
Information might aid Canadian businesses in developing their export strategy and giving the
It is helpful to start by taking into account the development of the area of consumer research
and the various paradigms of thoughts that have influenced the discipline, as developed by
Overall, it is suggested that the field of consumer behaviour research is fast changing as
This broader perspective makes an effort to examine consumer behaviour in the context of
CHAPTER: 4
Research objective
25
Objectives:
1, To study the factors which affects the purchase behaviours of the canteen owners.
2, To study which brand is the leading brand available at the canteens.
3, To know the category of CTC used in canteens.
4, To study which offers of the brand attract the buyers.
5, Among between price and quality which factor is the leading factor.
6, To study how what is there purchasing pattern and from where they purchase.
26
CHAPTER: 5
Research Methodology
27
The study was conducted in Uttar Pradesh, where I conduct my research. For the study, Greater
Noida & Noida were chosen. The placement of the colleges and offices was taken into
consideration when choosing two different types of institutions. The offices, canteen, and
colleges were the institutions chosen. A large number of offices and colleges were sampled,
including 30 offices from Greater Noida and 40 offices from Noida. Additionally, 30 offices
from Greater Noida and 30 offices from Noida were chosen for the entire sample.
The current study is "descriptive" in nature because it looks for inspiration and knowledge to
The study’s primary goal is to identify the numerous approaches used to encourage customers
ctured questionnaires, observations, and in-person interviews are used to gather data.
Data Collection
Primary data used in the study. Primary data were mainly collected from a survey using a pre-
tested, structured questionnaire. Besides, key personnel interviews were conducted to obtain
CHAPTER: 6
findings
29
Interpretation:
About 89.2 % of the population says that they got to know about their current brand being used
is by personal selling followed by advertisement which is 7.7%. and word of mouth being the
lowest.
Interpretation:
During the research it was found that maximum no. of population (89.2%) were using their
Interpretation:
From the given graph it mentions that there is 250 gm of consumptions of tea daily.
31
Interpretation:
The graph predicts that the population gives their importance majorly to the taste of the tea
And health benefits being the least importance factor to the population which unfortunately
Interpretation:
By this graph we can predict that the target population prefer more to buy from retailer followed
Interpretation:
The frequency of purchasing the tea by the population is 4-5 days and it goes maximum for
thirty days.
34
Interpretation:
The graph predicts that the population gives their importance majorly to the taste of the tea
Interpretation:
The pie chart show that a huge part of population never tried Goodricke tea.
36
FINDINGS
➢ During the research it was found that maximum no. of population (89.2%) was using
➢ From the given data above, it mentions that there is 250 gm of consumptions of tea
daily.
➢ The population gives their importance majorly to the taste of the tea rather than quality
➢ And health benefits being the least importance factor to the population which
➢ The above Data predicts that the population gives their importance majorly to the taste
CHAPTER: 7
Conclusion
38
Conclusion:
The study concludes that both income and education have a significant impact on brand loyalty
for tea, while product, marketing, and life-style attributes are the main factors influencing the
purchase decision of the branded tea by the consumer. As product-related attributes contribute
more to the purchase decision of branded tea, firms can increase their market share by planning
Thus, firms can increase their market share by planning their marketing strategies, focusing
mainly on product-related aspects. To build a loyal customer base, companies should consider
injecting differentiated product attributes in terms of the blend of flavour, taste, colour, and
aroma of the final tea that ensure the superiority of the brand. This study provides further
insight into marketing research and can also be used as a guideline for business planning and
CHAPTER: 8
➢ Goodricke should focus on B&I channel more because there was no presence
Bibliography
➢ https://goodricketea.com/goodricke tea/online store
➢ https://www.ibef.org/exports/indian-tea-industry
➢ https://www.researchgate.net/publication/353603216_Factors_Affecting_tea_purch
asing
➢ www.worldatlas.com/articles/the-worlds-top-10-tea-producing-nations.html
42
Questionnaire
Q.2 Address
Yes
No
Yes
No
43
Yes
No
Green
Black
Herbal
Other:
Tata
Waghbakri
Lipton
Goodricke
Other:
Q.10 How you got aware about the current brand you are using?
Advertisement
Newspaper/magazine
Word of mouth
Personal selling
Other:
44
Taste
Price
Loyalty
Aroma
Other:
Q.12 When I usually buy tea, I usually take these things into consideration: price, aroma,
Strongly agree
Agree
Neutral
Disagree
Strongly disagree
Q.15 On a scale of 1 to 4, in your opinion rank the importance of these elements regarding of
tea?
1 2 3 4
Taste
Quality
Aroma
Health benefits
Taste
Quality
Aroma
Health benefits
Company salesman
Retailer
Wholesaler
Metro
Super Mart
46
Yes
No
Maybe
Q.19 Feedback/suggestions-