NITISH
NITISH
NITISH
This study covers all aspects of training and development programs in HERO MOTOCORP
PVT LTD
. This study covers the New Entrant Manager response towards the training programs in the
organization.
To assess how often training programmes are conducted and how much are the
employees satisfied.
To study to what extent the training programmes are applicable to their jobs.
METHODOLOGY:
Step 1: Constituted the distributing of the questionnaire to the sample respondents.
Step 2: Constituted of collecting back the questionnaire from the respondents.
Step 3: Constituted of systematic analysis and the data gathering in the form of tables and
graphs.
Step 4: Constituted of arriving of findings based on the study and giving suggestions they’re
on.
Sources of data:
For the fulfillment of the study the student researcher has relied on two types of Data i.e.
primary data and secondary data.
Primary Data:
This study is almost based on primary data which is more acquainted for social science
research .The primary data has been collected by administering Questionnaire to the selected
respondents. Another sources of primary data is overall observations of companies working,
companies attitude on training and development. The student researcher has conducted
sufficient discussions with both the employer and employee to gather the information for the
aspects of Questionnaire.
Secondary Data:
The Secondary data has been obtained by studying existing training and developmental
program in HERO MOTOCORP PVT LTD . . Data is also obtained by referring to the earlier
studies conducted in smaller areas and also the annual reports, brochures, and other materials
served as secondary data.
Sampling plan:
The sample of 100 employees were chosen out of 121 New entrant managers which is more
than 35% of the universe for the purpose of the study on the basis of using simple random
sampling method. The selection of the sample includes all the departments and designations.
Tools and Techniques of data collection;
A Structured Questionnaire has been designed covering all relevant aspects of Training and
Development programs and administrated to the respondents for the collection of the data.
Whereas the information available from earlier studies, books, brochures, annual reports, files
and several other sources of secondary data. However, the data collection was painstaking
effort and endeavors were made to collect relevant information with missionary Zeal.
Data interpretation:
The data ventured to be collected through Questionnaire method the responses obtained are
then tabulated and analyzed and inferences are drawn. The statistical technique of percentage
method is used for the purpose of data analysis. Based on inferences drawn from the data a
suitable finding is made along with the necessary summary and conclusion.
Due to time constraints the study was limited only for 45days.
Random sampling method has been adopted and all limitations applicable to that method
are applicable here also.
The authenticity of information provided by the New Entrant Manager cannot be assured.
Analysis of the data has been done based on the assumptions that the information
provided by the respondents is genuine.
The sample size is small when compared to total universe, Hence the capability of study
to the whole universe is constraint.
INDYUSTRY PROFILE
The automobile industry is one of India’s most vibrant and growing industries. This industry
accounts for 22 per cent of the country's manufacturing gross domestic product (GDP). The
auto sector is one of the biggest job creators, both directly and indirectly. It is estimated that
every job created in an auto company leads to three to five indirect ancillary jobs.
India's domestic market and its growth potential have been a big attraction for many global
automakers. India is presently the world's third largest exporter of two-wheelers after China
and Japan. According to a report by Standard Chartered Bank, India is likely to overtake
Thailand in global auto-export market share by the year 2020.
The next few years are projected to show solid but cautious growth due to improved
affordability, rising incomes and untapped markets. With the government’s backing, and
trends in the international scenario such as the decline in prices of natural rubber, the Indian
automobile industry is slated to witness some major growth.
Market size
The cumulative foreign direct investment (FDI) inflows into the Indian automobile industry
during the period April 2000 – August 2014 was recorded at US$ 10,119.68 million, as per
data by Department of Industrial Policy and Promotion (DIPP).
Data from industry body Society of Indian Automobile Manufacturers (SIAM) showed that
137,873 passenger cars were sold in July 2014 compared to 131,257 units during the
corresponding month of 2013. Among the auto makers, Maruti Suzuki, Hyundai Motor India
and Honda Cars India emerged the top three gainers with sales growth of 15.45 per cent, 12
per cent and 11 per cent, respectively.
The three-wheeler segment posted a 24 per cent growth to 51,461 units on the back of
increased demands from the urban market. Total sales across different vehicle segments grew
12 per cent year on year (y-o-y) to 1,586,123 units.
Scooter sales have jumped by 29 per cent in the ongoing fiscal, and now form 27 per cent of
the total two-wheeler market from just 8 per cent a decade back. The ever-rising demand for
scooters, which has far outstripped supply has prompted Honda to set up its first dedicated
scooter plant in Ahmedabad.
Tractor sales in the country is expected to grow at a compound annual growth rate (CAGR)
of 8–9 per cent in the next five years making India a high-potential market for many
international brands.
CORPORATE PROFILE
Hero MotoCorp Ltd. (Formerly Hero Honda Motors Ltd.) is the world's largest manufacturer
of two - wheelers, based in India.
In 2001, the company achieved the coveted position of being the largest two-wheeler
manufacturing company in India and also, the 'World No.1' two-wheeler company in terms of
unit volume sales in a calendar year. Hero MotoCorp Ltd. continues to maintain this position
till date.
Vision
The story of Hero Honda began with a simple vision - the vision of a mobile and an
empowered India, powered by its two wheelers. Hero MotoCorp Ltd., company's new
identity, reflects its commitment towards providing world class mobility solutions with
renewed focus on expanding company's footprint in the global arena.
Mission
Hero MotoCorp’s mission is to become a global enterprise fulfilling its customers' needs and
aspirations for mobility, setting benchmarks in technology, styling and quality so that it
converts its customers into its brand advocates. The company will provide an engaging
environment for its people to perform to their true potential. It will continue its focus on
value creation and enduring relationships with its partners
Strategy
Hero MotoCorp’s key strategies are to build a robust product portfolio across categories,
explore growth opportunities globally, continuously improve its operational efficiency,
aggressively expand its reach to customers, continue to invest in brand building activities and
ensure customer and shareholder delight.
Manufacturing
Hero MotoCorp two wheelers are manufactured across 3 globally benchmarked
manufacturing facilities. Two of these are based at Gurgaon and Dharuhera which are located
in the state of Haryana in northern India. The third and the latest manufacturing plant is based
at Haridwar, in the hill state of Uttrakhand.
Technology
In the 1980’s Hero Honda pioneered the introduction of fuel-efficient, environment friendly
four-stroke motorcycles in the country. Today, Hero Honda continues to be technology
pioneer. It became the first company to launch the Fuel Injection (FI) technology in Indian
motorcycles, with the launch of the Glamour FI in June 2006.
Distribution
The Company's growth in the two wheeler market in India is the result of an intrinsic ability
to increase reach in new geographies and growth markets. Hero MotoCorp’s extensive sales
and service network now spans over to 6000 customer touch points. These comprise a mix of
authorized dealerships, service & spare parts outlets and dealer-appointed outlets across the
country.