Aastha Doc 1
Aastha Doc 1
Aastha Doc 1
Research Project on
Bachelor’s of Commerce
Submitted by
Aastha Garg
2021-2024
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J.V.Jain College, Saharanpur
CERTIFICATE
This is to certify that “Aastha Garg” has submitted the project report titled
examination. This has not been submitted for any other examination and does
not form part of any other course undergone by the candidate. It is further
certified that she has ingeniously completed her project as prescribed by J.V.
Place: Saharanpur
Date:
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J.V.Jain College, Saharanpur
DECLARATION
Shakumbhari University) and this has not been submitted for any other
examination and does not form the part of any other course undertaken by me.
Aastha Garg
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J.V.Jain College, Saharanpur
ACKNOWLEDGEMENT
With immense pride and sense of gratitude, I take this golden opportunity to express
extremely thankful to my Project Guide Prof. Dr. Mukesh Kumar for his guideline
throughout the project. I tender my sincere regards to him for giving me outstanding
Aastha Garg
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J.V.Jain College, Saharanpur
INDEX
1. Introduction 6-8
Research Study
• Relevance of the study
• Objectives of the study
3. 14-16
• Scope of the study
• Hypothesis
Research Methodology
4. • Research Design 17-21
• Method of Data Collection
7. Bibliography 36
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1. INTRODUCTION
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FMCG
FMCG is the 4th largest sector in India with the market size of $ 100 billion and is
percent is household and personal care while 31 percent is healthcare. The Food
foods, chips, jams and beverages. Nestle stands number one in the food industry with
the $ 1.1 billion market size while Haldiram stands at 8th position with $ 590
Million. The branded snack market is estimated to be around U.S. $ 1.34 billion
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J.V.Jain College, Saharanpur
HALDIRAM - is a name associated with consumers for sweets and namkeens for the
past six decades in India and abroad. It made its modest start in the beginning 1941 in
Bikaner in the State of Rajas than. Today the company has diversified into snack
food, sweets, syrups, biscuits and fast food. It is the leader in the Namkeens segment
with a 70% of that total share in the market. Haldiram's is a huge brand and has
diversified its activities into various industries. The one industry where it is the king
right now is the "namkeens" industry. Hence the project mainly focuses on studying
Haldiram's namkeen division, though other areas have been briefly. mentioned.
Haldiram's offers a wide range of products to its customers. The product range
includes namkeens, sweets sharbats, bakery items, dairy products, chips, pappad and
ice creams. However namkeens remain the main area of focus for the group as it
the namkeen market the company has created a niche market. The raw materials used
to prepare namkeens are of best of quality and are sourced from all over India.
The food industry in India is forever changing to suit their consumers' palate.
preference and pocket. All the players in the industry thus, have to constantly adapt to
the ever changing trends and invent and re-invent themselves to stay in the league.
due to distinct packaging, product quality, traditional taste and authentic Indian
flavour.
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J.V.Jain College, Saharanpur
At the age of 12, when most children went to school, Ganga Bhishen Agarwal spent
his days in Bikaner inventing the omnipresent snack Bhujia. Soon Haldiram bhujia
became irresistible to customers. The most important changes he made to the bhujia
was making it out of 'moth dal' Moth lentils rather than besan.
This amendment in delicacy changed his life overnight as moth is very popular and
easily available in Rajasthan. He also focussed on making it the fine crispy bhujia we
know today transforming it from the fat,slightly bland version from before his t ime.
The boy in his early days in business also demonstrated a knack for marketing by
setting the price point such that the product was more exclusive and not just
considered a commodity, selling for 5 paise a kilo as opposed to the earlier 2 paise
Determined to take bhujia beyond the boundaries of Bikaner, they shifted base to
Nagpur in 1970. Their they had opened first full-production unit to introduce a
delectable variety of savouries, sweets and beverages to the market. The success of
this venture led them to expand and evolve as a brand, that is an integral part of every
Indian household today. Today, the company has three areas of operations with
Delhi-based Haldiram Snacks and Ethnic Foods in the northern region, Nagpur-based
Haldiram Foods International in western and southern regions and a much smaller
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J.V.Jain College, Saharanpur
2. COMPANY PROFILE
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COMPANY PROFILE
Company Logo
Industry Food
www.haldiramsonline.com
Website www.haldiramfranchise.com
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VSION
• achieve continuous and sustainable growth in the business, within India and
• keep innovating new quality products and delight consumers by offering wide
MISSION
• make available authentic, tasty and quality vegetarian food products made as
• provide a friendly working environment that attracts best talent and offers
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J.V.Jain College, Saharanpur
VALUES
• Our core emphasis is on delivering healthy, traditional and delicious foods. Our
continue delivering food that are customers admire around the world. After all,
the award that we cherish the most is the one given by our customers.
AWARDS
Spain in 1994.
Golden Jubilee Celebration for manufacturing the best quality food products.
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of export.
CERTIFICATIONS
Haldiram's has the following quality certifications:
• ISO 9002
• HAC CP
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3. RESEARCH STUDY
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go but business comes from the ones, which are handled properly in terms of leads.
Leads for any new opportunity are very important for it to turn out a profitable
venture. Promotion plays a very important role in both the departments. Promotion
helps us to market a product properly and also helps in increasing the sale of the
grow rapidly.
• To know how Haldiram’s is competing with its major competitors and holding
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• The Scope of the study is limited to data collected from internet, websites,
• It is helpful for the competitors also as they can understand the marketing
strategy of Haldiram’s.
marketing strategy.
HYPOTHESIS
H0- Marketing Strategies are not so effective to attract consumers and increase the
H1- Marketing Strategies are so effective to attract consumers and increase the sales
of the company.
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4. RESEARCH METHODOLOGY
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RESEARCH METHODOLOGY
conclusions."
well-organized research plan, it is impossible to complete the project and reach to any
conclusion. The project was based on the survey plan. The main objective of survey
was to collect appropriate data, which work as a base for drawing conclusion and
getting result.
problem. Research methodology not only talks of the methods but also logic behind
the methods used in the context of a research study and it explains why a particular
solve theproblem or attain its objectives. It is a very important guideline and lead to
completion of any project work through observation, data collection and data
analysis.
➢ Research Design
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J.V.Jain College, Saharanpur
RESEARCH DESIGN
important tool to study buyer's behavior, consumption pattern, brand loyalty, and
focus market changes. A research design specifies the methods and procedures for
METHOD OF DATACOLLECTION
Instrument for the data collection is secondary data. In today's world correct
information is the key to success. Secondary data is collected by others but utilized or
used by the researcher. Secondary data is data that has already been collected and
collated by somebody for some reason. other than the current study. It can be used to
get a new perspective on the current study, to supplement or compare the work or to
use parts of it, as another study may prove costly and time consuming.
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Advantages
2. It is time saving.
3. It helps to make primary data collection more specific since with the help of
secondary data, we are able to make out what are the gaps and deficiencies
5. It provides a basis for comparison for the data that is collected by the
researcher.
1 Availability- It has to be seen that the kind of data you want is available or not. If
b Concepts used must be same and currency of data should not be outdated.
3 Accuracy- In order to find how accurate the data is, the following points must be
considered: -
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The investigator should consider the following points before using the secondary
data:
Thus, the secondary data should not be used at its face value. It is risky to use such
statistics collected by others unless they have been properly scrutinized and found
reliable, suitable and adequate.Thus in my opinion, this was the best method,
that could have been used which provided such an in-depth and detailed
information.
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5. LITERATURE REVIEW
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household and personal care accounting for 50% of FMCG sales in India. Growing
awareness, easier access and changing lifestyles have been the key growth drivers for
the sector. The urban segment (accounts for a revenue share of around 55%) is the
largest contributor to the overall revenue generated by the FMCG sector in India.
However, in the last few years, the FMCG market has grown at a faster pace in rural
India compared to urban India. Semi-urban and rural segments are growing at a rapid
pace and FMCG products account for 50% of the total rural spending.
Indian FMCG sector is one of the fastest growing sectors. With its vast population
base, growing middle class and strong macro-economic environment, the Indian
market has seen processed food emerge as the one of its fastest growing segments.
increase in the demand for processed. packaged and ready-to-eat food products. With
the packaged salty snacks generating a whole new space at the kitchen shelves of the
Indian families, it has given chance to many an FMCG companies to explore the
India used to make namkeen at home, but with changing times this is gradually. fading
away and people have started thinking that it is easier to buy namkeen than make it at
home.
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Since a traditional Indian family chats over a hot cup of chai with salted snacks by the
side the companies have been making a beeline to grab a market share in the salty
snack segment. Each company has been oding the market with a variety of snack
ranging from the much traditional alu bhujiya and salted potato chips to the more
diverse forms like flavoured chips, kurkuras and munchies. Companies are devising
newer ways to penetrate the Indian houses with its offerings be it with more
based on the effectiveness of the marketing mix of the company which has been a
leader in the salted snack segment since its inception as a branded house for the salted
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potential of being the biggest with the food and agricultural sector. The total food
production in India is likely to double in the next ten years and there is an opportunity
for large investments in food and food processing technologies, skills and equipment,
Fisheries, Milk & Milk Products, Meat & Poultry, Packaged/Convenience Foods,
Alcoholic Beverages & Soft Drinks and Grains are important sub-sectors of the food
processing industry.
Health Foodland health food supplements is another rapidly rising segment of this
industry which is gaining vast popularity amongst the health conscious. India is one
of the world's major food producers but accounts for less than 1.5 per cent of
international food trade. This indicates vast scope for both investors and exporters.
Food exports in 1998 stood at US $5.8 billion whereas the world total was US $438
billion. The Indian food industries sales turnover is Rs 140,000 crore (1 crore = 10
million) annually as at the start of year 2000. The industry has the highest number of
plants approved by the US. India's food processing sector covers fruit and vegetables;
meat and poultry; milk and milk products, alcoholic beverages, fisheries,
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suppliers, manufacturers, exporters and importers widely dealing in sectors like the-
Food Industry, Dairy processing. Indian beverage industry etc. We also cover sectors
like dairy plants, canning, bottling plants, packaging industries, process machinery
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The Indian snacks market is worth around US$ 3 billion with the organized segment
taking half the market share and has an annual growth rate of 15-20 per cent. The
unorganized snacks market is worth US$ 1.56 billion with a growth rate of 7-8 per cent
per year. There are approximately 1000 types of snacks and another 300 types of
savouries being sold in the Indian market today. Potato chips and potato-based items
are the most popular products with more than 85 per cent share of the salty snack
These include deep fried potato chips strips sticks rings and represent a substantial
share of the snack food market. Banana wafers jack fruit chips tapioca wafers which
2. Extruded Food
• The traditional items made from flours and spices and extruded in the form of
sticks strips or spirals such as sev, boondi, papdi, gathia, chakli etc. These items
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J.V.Jain College, Saharanpur
• The non-traditional pre-formed partly cooked pellets derived from potato starch
from cereals and fried at high temperatures for a short time to give expanded
light textured products. This group also includes cereal/potato powder mixes
which are extrusion cooked and enrobed with oil and flavor.
Many of these products are highly flavoured with spices herbs or cheese. Typical
examples are cheese balls ”Cheetos” “Kurkure” etc. A large number of products are
available in this category and display varying sizes shapes and textures.
2. AUEVSS Limited
potato growers and they use this fact to create tracebility. The company sells potato
chips using the brand name Fryo potato chips. AUEVSS is a subsidiary of Bhagatji
Cold Storage.
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Balaji Wafers is one of the larger potato chips producing companies in India with a
4. BB Foods
BB foods (Bankey BihariJi Food Products (P) Ltd.) is a company manufacturing pre-
fried frozen french fries a range of frozen vegetables curries and snacks like crisps
from India.
Bikanervala Foods Pvt Ltd is the manufacturer and marketer of the Bikanervala and
6. Britannia
Britannia is one of the leading one the biscuit brands in the country. They have
ventured into the salty snack segment with the view of diversifying their portfolio and
7. Frito Lays
Frito-Lay is the largest Potato Chips manufacturer in the world. Fritolay's brands
include Lay's Walkers Smith's Stax Ruffles and many more. Frito-Lay is a subsidiary
of Pepsico.
8. Haldiram's
Haldiram's is one of the larger chips and snack manufacturer's in India. Haldiram's is
also diversifying into fast food retail chains all over India.
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9. ITC
diversifying in Consumer Packaged Goods market including the snack foods sector.
Brand names: Bingo. Bingo 7 managed to capture an 11% market share of the Indian
A company with a background in industrial gases Coal trading and business in Real
Properties diversified into the processing of snack foods i.e. Potato Chips & RTE
Snacks (Extruded snacks). Manpreet Foods markets their range of products under the
"ME2" brand.
Nanaji Namkeen established in the year 1975 is a traditional namkeen sweets and
potato wafers producing company in India catering to the masses largely in Delhi
Natraj Cold Storage and Food Pvt Ltd is a manufacturer of snacks including potato
snacks in India. Natraj Foods sells its snacks using brand name "Lip Chip".
flakes potato flour potato powder potato granules) and potato chips. Potato King
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J.V.Jain College, Saharanpur
Parle Agro a well known Indian brand had entered the salty snack segment with
Musst chips and the baked snack under the brand name of "Hippo"
15. Samrat
SM Dyechem Limited has activities in three segments: Meal and Oil Snack Foods
and Others. In the snack segment they produce a range of ready-to-eat pelleted and
extruded snack products under brand names such as Peppy Piknik and Senor Pepito.
According to data monitor they were the #2 player in the Indian savory Snack market
in 2005.
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market size in excess of US$ 13.1 billion. It has a strong MNC presence and is
the organized and unorganized segments and low operational cost. Availability of key
raw materials, cheaper labour costs and presence across the entire value chain gives
India a competitive advantage. The snack food market in India is valued at Rs. 1530
crore and is one of the largest markets in the world, out of which potato chips holds
the major market share of around 85%. Products covered potato chips, savoury
snacks, snacks nuts, and popcorn. Snack foods are highly subjected to impulse buying
Snacks are a part of consumer convenience/ packaged foods segment. Snacks are
Snacks food generally comprises bakery products, ready to eat mixes, chips, namkeen
other light processed foods according to the ministry of food processing the, snack
food industry worth is 102 billion in value in over 4,00,000 tones in terms of volume.
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FINDINGS
From the initial days onwards Haldiram never invested much in Marketing and
advertising to expand his brand they gained their business majorly through word of
mouth. But now due to the intense competition, they realized the importance of
CONCLUSION
The market is clogged with dominant players such as Frito-Lay India, PepsiCo's
snack foods arm, which has almost brought in a snack-chip revolution in the country,
Haldiram's and the Delhi-based snack-food-retailer Bikanerwala Foods Pvt Ltd etc.
Even the dairy major Mother Dairy has a presence in the category. With the entry of
companies such as ITC and HLL into this industry, it is getting tough for companies
such as Haldiram's who till now have not paid serious attention to its branding
activities.
Increased media exposure, ever increasing purchasing power of the target audience
coupled with their desire to spend more on eating out due to lifestyle changes will
fuel the demand for snack food items and only those companies which have a
considerable share of voice and space in the market will be able to survive.
Haldiram's has the capability of meeting these demands and only requires a certain
to consider.
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7. BIBLIOGRAPHY
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BIBLIOGRAPHY
Text books
House, 2004.
India, 2003
Websites
1. 1.www.haldiram.com
2. en.wikipedia.org/wiki/Haldiram's
3. www.haldiramlimited.com
4. http://www.scribd.com/doc/29545307/Haldiram-Marketing-Mix 5.
http://www.slideshare.net/kushavats/64273610-marketingstrategieshaldiram
5. http://www.haldiram.in/products.html 7.
http://www.haldiram.in/hrworldwide.html
6. 8. http://www.marketresearch.com/IS-Advisors-v3900/FMCG-Sector-India-
Strategic
7. Review-7429151/
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