Professional Documents
Culture Documents
PROJECT ON
(TITLE OF PROJECT)
2016-2017
SUBMITTED BY:
SURENDRA KUMAR
CERTIFICATE
THIS IS TO CERTIFY THAT THE PROJECT TITLED
“ICICI BANK”
(Title of Project)
HAS BEEN PREPARED BY
Surendra Kumar
AS PER REQUIREMENT OF CURRICULUM OF B.COM. (HONOURS)- II Year.
THIS WORK IS AS PER GUIDELINES LAID OUT FOR THE SAME AND IS WORTHY OF APPROVAL.
ACKNOWLEDGEMENT
I AM EXTREMELY THANKFUL TO ALL THOSE WHO HAVE HELPED ME IN COMPLETION OF MY
PROJECT TITLED
“ICICI BANK”.
Surendra kumar
B.Com. (Hons)
II Year
EXECUTIVE SUMMARY
Private banking is a concept which is new and fast emerging in the world of banking where
changes have become a necessity in order for banks to survive in this competitive environment
vis-à-vis not only from the public and private sector banks but also from the foreign banks. The
objective of the research is to explore the various products, which a private banker deals into
and the systematic process involved to match client requirements with the right kind of
product.
Through this research one of the main objectives is to explore the reason why most of the
banks are injecting private banking as business profile to their set of service offerings.
Though private banking evolved in late 80’s in Asia, in India its not more than 5 years old. ICICI
started it in Aug 2002 and since then it has been a remarkable success. Today there are
enormous solutions to cater client needs but what suits best to a client is where private banking
fits in. Every client will have different needs, liking and preferences. So a customized portfolio
This research will highlight more on the product portfolio of ICICI Private Banking, how they
RESEARCH METHODOLOGY
RESEARCH METHODOLOGY
A training period of about 7 weeks was taken to complete the project. The project was
concluded under the supervision of HRD of Britannia Industries Limited Rudrapur. The views
When we talk of Research Methodology, we not only talk of the research methods but also
consider the logic behind the methods we use in the context of our research study and explain
why we are using a particular method or technique and why we are not using so that research
As the title of the project suggests the project is about the study of the recruitment and
selection procedures in the company. So my objective is that to know that how the recruitment
and selection should be done in the co. & which method is used in this.
SAMPLE SIZE
The sample size refers to the no. of employees selected from the co. to constitute a sample.
The sample size used for study includes 100 employees from the company.
METHOD OF SAMPLING
The process employed for the sample was Random Sampling. Random Sampling is the sampling
in which every person has an equal opportunity of being selected in the sample; the method is
INTRODUCTION
INTRODUCTION
Britannia India Ltd was incorporated in 1918 as Britannia Biscuit Co. Ltd and currently the
Groupe Danone (GD)of France (a global major in the food processing business) and the Nusli
Wadia Group hold a 45.3 per cent equity stake in BIL through AIBH Ltd (a 50:50 joint venture).
The company holds a 40 per cent market share in the overall organized biscuit market and has
a capacity of 300,000 tons per annum .Currently, the bakery product business accounts for 99.1
per cent of BIL’s turnover. The company reported net sales of US$ 280 million in 2002-03.
Britannia Industries Ltd (BIL) has increased its manufacturing capacity through outsourced
contract manufacturing and green field plant in Uttaranchal to expand its share in the domestic
biscuit and confectionery market. Britannia Industries Limited(BIL) is engaged in the provision
of bakery products, including biscuits, bread, rusk and cakes, and dairy products. The company
primarily operates in India. The company’s product s include 50-50, Good Day, Little Hearts,
Marie Gold, Milk Bikis, Nice Time, Nutri choice , Pure Magic , Tiger , and Treat. It is
headquartered in Kolkata, India and employed about 1,982 people as on March 2009. The
company recorded revenues of INR 34,212.3 million (approximately $746.5 million) during fiscal
year March 2009 (FY 2009), an increase of 23.2% over FY 2008. The operating profit of the
company was INR 1, 782.4 million ( approximately $38.9 million) during FY 2009, a decrease
of 15.4% compared with FY2008. The net profit was INR 1,514.8 million (approximately $33.1
Biscuit Company took over the distribution of biscuits from Parry's who till now distributed
Britannia biscuits in India. In the subsequent public issue of 1978, Indian shareholding crossed
60%, firmly establishing the Indian ness of the firm. Four years later in 1983, it crossed the Rs.
The story of one of India's favorite brands reads almost like a fairy tale. Once upon a time, in
1892 to be precise, a biscuit company was started in a nondescript house in Calcutta (now
Kolkata) with an initial investment of Rs.295. The company we all know as Britannia today.
By 1910, with the advent of electricity, Britannia mechanized its operations, and in 1921, it
became the first company east of the Suez Canal to use imported gas ovens. Britannia's
business was flourishing. But, more importantly, Britannia was acquiring a reputation for quality
and value.
On the operations front, the company was making equally dynamic strides. In 1992, it
celebrated its Platinum Jubilee. In 1997, the company unveiled its new corporate identity - "Eat
Healthy, Think Better" - and made its first foray into the dairy products market. In 1999, the
"Britannia Khao, World Cup Jao" promotion further fortified the affinity consumers had with
'Brand Britannia'.
Britannia strode into the 21st Century as one of India's biggest brands and the preminent
food brand of the country. It was equally recognized for its innovative approach to products
and marketing: the Lagaan Match was voted India's most successful promotional activity of the
year
2001, while the delicious Britannia 50-50, Maska-Chaska became India's most successful
product launch. In 2002, Britannia's New Business Division formed a joint venture with
Fonterra, the world's second largest Dairy Company, and Britannia New Zealand Foods Pvt. Ltd.
Was born. In recognition of its vision and accelerating graph, Forbes Global rated Britannia 'One
amongst the Top 200 Small Companies of the World', and The Economic Times pegged
Managing Director
(Vinita Bali)
(Neeraj Chandra)
(Durgesh Mehta)
Britannia- the ‘biscuit’ leader with a history – has withstood the tests of time. Part of the reason
for its success has been its ability to resonate with the changes in consumer needs that have
varied significantly across its 100+ year epoch. With consumer democracy reaching new levels,
the one common thread to emerge in recent times has been the shift in lifestyles and a
corresponding awareness of health. People are increasingly becoming conscious of dietary care
and its correlation to wellness and matching the new pace to their lives with improved
nutritional and dietary habits. This new awareness has seen consumers seeking foods that
complement their lifestyles while offering convenience, variety and economy, over and above
Britannia saw the writing on the wall. Its "Swasth Khao Tan Man Jagao" (Eat Healthy, Think
Better) re-position directly addressed this new trend by promising the new generation a healthy
Thus, the new logo was born, encapsulating the core essence of Britannia - healthy, nutritious,
optimistic - and combining it with a delightful product range to offer variety and choice to
consumers.
MILE STONES
1892 The Genesis - Britannia established with an investment of Rs.295 in Kolkata
1910 Advent of electricity sees operations mechanized
1921 Imported machinery introduced; Britannia becomes the first Company East of
1944 During 1944 sales ramp up by more than eight times to reach Rs.1.36 crore
1975 Britannia Biscuit Company takes over biscuit distribution from Parry's
1993 Wadia Group acquires stake in ABIL, UK and becomes an equal Partner with
1997 Re-birth - new corporate identity 'Eat Healthy, Think Better' leads to new
1999 "Britannia Khao World Cup Jao" - a major success! Profit up by 37%
2000 Forbes Global Ranking - Britannia among Top 300 small companies
Britannia Lagaan Match: India's most successful promotional activity of the year
2002 BIL launches joint venture with Fonterra, the world's second largest dairy
company.
Rated as 'One amongst the Top 200 Small Companies of the World' by Forbes
Global
Britannia Khao World Cup Jao rocks the consumer lives yet Again
2004 Britannia accorded the status of being a ‘Super brand' Volumes cross 3,00,000
tons of biscuits.
2005 Re-birth of Tiger - (Swasth Khao, Tiger Ban Jao' becomes the Popular chant!
The launch of yet another exciting snacking option Britannia 50-50 Pepper
Chakkar
2007 Britannia industries formed a joint venture with the Khimji Ramdas Group and
Co. LLC and 65.4% in the Oman-based AI Sallan Food Industries Co. SAOG.
2008 Britannia launched Iron Fortified 'Tiger Banana' biscuits, 'Good Day Classic
2009. Britannia NutriChoice Nature Spice Crackers launched. Your favorite Cream
Crackers, now made even more exciting with the addition of "Sabut" Ajwain and Jeera
spices. Britannia takes full control of Daily Bread. Britannia-Fonterra joint venture dairy
business restructured.
2010.Britannia NutriChoice launches a New Year pack - the Health Starter Kit. The
Health Starter Kit contains 1 pack each of NutriChoice Hi-Fiber Digestive, NutriChoice 5
Grain, NutriChoice Nature Spice Cracker bundled together with a Fit Sip Sipper and a
International FMCG Major specializing in Fresh Dairy Products, Bottled Water and Biscuits/
Cereals. One of the World leaders in the food industry, these are some of the laurels it
possesses:
Through its three core businesses (Fresh Dairy Products, Beverages and Biscuits
people around the world by providing them with better food products, a wider
based on major international brands and on its solid presence in local markets
(about 70% of global sales come from brands that are local market leaders).
GROUPE DANONE is recognized for the dynamism and strength of its brands:
Danone:
the leading brand worldwide for Fresh Dairy Product; DANONE represents almost
LU: the second brand worldwide, the first biscuits brand of GROUPE
DANONE, which represents almost the half of the sales for the Biscuits and
Wahaha: the leading brand for refreshing still water (water, readymade
tea. Fruit juices). The brand is one of the most popular in China, with more
than 1.5 billion litres of water sold each year. Its name means “the child
who laughs”.
ACTIVITIES OF THE COMPANY
Sales
Marketing
Quality Assurance
Exports
Finance and IT
Nutri Choice Sugar Out is the most novel product range to have been introduced in the market.
The product is not just sweet but tastes great, and yet contains no added sugar.
This is because Nutri Choice Sugar Out is sweetened with "Sucralose," derived from sugar,
which provides the same sweetness as any other biscuit, without the added calories of sugar.
This range is available in 3 delicious variants namely Lifetime, Chocolate cream, and Orange
cream.
The new and improved Nutri Choice Digestive Biscuit, have one less thing to worry about.
Made with 50% whole-wheat and packed with added fiber (10% of our daily dietary needs),
these delightfully tasty biscuits are amongst your healthiest bites of the day
Britannia Treat launches the amazingly yummy Treat Fruit Rollz!! These tasty soft rolls are filled
with real fruits and provide a healthy yet mouth-watering treat to the kids. Fruit Rollz come in
four masti fruit flavors – Juicy Apple, Strawberry Surprise, Tangy Orange and Delicious Dates!
food’ needs to look ‘dull and boring , will just have to take a look at Milk Bikis. With a unique
and attractive honeycomb design and an enhanced product experience, the new biscuit
prompts the ‘Kids will love it’ reaction amongst mothers. The milk goodness in the recipe is now
enhanced with SMART NUTRIENTS- 4 vital vitamins, iron and iodine, proven to aid mental and
physical development and growing kids. So, whether its breakfast time or snack time at school,
rest assured that kids will look forward to munching these crunchy, milky biscuits which even
helps in their development. And yes, adults won’t be far behind in reaching out for a pack!
Everybody’s favorite Marie biscuit now comes in a completely new avatar! Recently launched in
Tamil Nadu, Britannia Marie Gold Doubles is all about doubling expectations and experience.
Naturally, everything about it is new and exciting. This special variant of Marie, through a
patented production process, offers three delicious layers in a new flavor concept – with the
same old crispiness and a subtle new taste. The shape of the new Marie Gold Doubles biscuit is
completely altered and nowhere resembles the classic round Marie biscuit.
The launch of the latest 50-50 variant left everybody guessing “What it eez?” From TV ads,
radio, outdoor and in- store display materials to events, a website and SMS,email blasts and
new media were blended synergistically to create excitement and curiosity about the unique
taste of the biscuit. The tangy and distinctive pepper flavoured biscuit, that’s thin and crispy
and more like a snack, caught the imagination of a younger audience craving something to
nibble on.
Veg Cakes:
Britannia Veg Cakes is every vegetarian's dream come true! 100% vegetarian cake with all the
softness and delight a cake should have. Every slice is soft and fluffy, stuffed with real fruit bits,
to give you a cake that is truly delicious, down to the last slice. Add to this zero cholesterol and
a 3 month shelf life and you have a healthy, convenient snack to enjoy anytime, anywhere
2010 - Britannia Nutrichoice launches a New Year pack - the Nutrichoice Health Starter Kit
Created for everyone who makes a New Year resolution to become healthy and does not follow
through on it. Nutrichoice Hi-Fiber Digestive, Nutrichoice 5 Grain and Nutrichoice Nature Spice
Cracker.
Britannia NutriChoice 5 Grain biscuits are made from 5 carefully chosen healthy cereals (Oats
that help reduce bad cholesterol, Corn which promotes heart health, Ragi a good source of
both Calcium as well as Fibre, Rice low in fat, and Wheat that provides wholesome energy).
These biscuits are delicately sweetened with natural honey, and come in a unique large oval
shape.
Tiger Banana:
Britannia is committed to help secure every child's right to Growth & Development through
good food everyday. Purposefully taking forward the credo of 'Eat Healthy, Think Better ', we
have launched a new variant under our power brand TIGER - TIGER BANANA - power packed
with IRON ZOR & and with the delightful taste of banana.
Little Hearts:
Little Hearts was launched in 1993 and targeted the growing youth segment. A completely
unique product, it was the first time biscuits were retailed in pouch packs like potato wafers. In
1997, the ‘Direct Dil Se’ campaign encouraged youngsters to openly express their feelings. And
in 2003, two variants called Little Hearts Chocolate and Little Hearts Sesame were rolled out
Britannia Good Day was launched in 1986 in two delectable avatars - Good Day Cashew and
Butter. Over the years, new variants were introduced - Good Day Pista Badam in 1989, Good
Good Day is among the fastest growing brands in Britannia's portfolio and it has been the
leader in the cookies category ever since its launch.. The celebration was taken to the IPL as
Good day cheered along with a million cricket fans in the stadiums, each screaming and
Britannia Bourbon:
India's first and favorite Bourbon's sweet adventure began in 1955. Since then, Bourbon lovers
across the country have been caught opening this chocolate couplet, licking the cream, and
Whatever the occasion, wherever the hangout, Bourbon makes for great company. You can
grab your very own Nano Pack or a Pocket Pack. The Hangout Pack is just right for chilling with
friends. Take along a Party Pack for... yes, a party! And the Gift Pack will surely win you a few
brownie points!
Treat:
Britannia launched Treat in 2002. Britannia Treat offers a wide variety of flavors, such as the
Elaichi, the Fruit Flavored Creams such as Orange, Pineapple, Mango, and Strawberry, the Jam
Filled Centers under the Jim Jam range, and the Duet Range (biscuits with two flavours of cream
between three layers of biscuit) comprising Strawberry Vanilla and Duet Strawberry Chocolate.
Bread:
Till 1958, there were no breads in the organised sector and bread consumption was a habit
typified by the British. Then, a mechanised bread unit was set up in Delhi with the name
"Delbis" which produced sliced bread and packed it under the Britannia name. The Mumbai
unit came up in 1963 and there again Britannia was the first branded bread in the city.
Rusks :
Britannia launched its rusks in the year 2005. In a Market full of unbranded players, Britannia
rusks have stood head and shoulders above the rest in terms of sheer quality .They are made
from the finest ingredients and baked with care as they are twice as crisper as and tastier than
ordinary rusks. The communication for this mouthwatering offering is aptly “Enliven your spirits
Time paas:
The brand quickly became a leader in Britannia's portfolio and, consequently, Snax was
revamped as a lighter product and renamed Britannia Timepass Classic Salted. To further the
franchise of the Timepass brand, a variant 'Nimkee' was introduced in the Eastern market in
April 2003, and then taken nationwide after a favourable response. Judging by its history, the
Cookies:
Britannia's latest symbol of 'Zindagi mein Life' - Britannia Cookies, is packed with the
nourishment of wheat, the richness of butter and milk, and the lingering flavor of elaichi.
Britannia is the leader in the cookies segment, with the Good Day at the top end and now
Britannia 50-50:
It was launched in 1993, 50-50 belongs to the family of crackers and is considered the "very
very tasty tasty" snack. Britannia 50-50 is the leader in its category with more than one-third of
market share. The versatile and youthful brand constantly aims to provide a novel and exciting
taste experience to the consumer. As a result, in 2001, the delicious Maska Chaska was
ORGANIZATION STRUCTURE
ORGANIZATION STRUCTURE
SEIRI (ORANISATION)
It is sorting between wanted and unwanted things in a selected area, region or domain.
SEITON (NEATNESS)
SEISO (CLEANLINESS)
SEIKETSO (STANDARDIZATION)
It means Standardization which is needed to maintain SEIRI, SEITON & SEIS0. It lead to use of
visual management to avoid mistakes.
SHITSUKE (DISCIPLINE)
It means discipline which is called for strict adherence to a system form our present
unsystematic way.
DEPARTMENTS /HIERARCHY OF THE COMPANY
There are mainly six departments of the company. These are as follows:
Purchase Standard
Manager Manager
PRODUCT RANGE
PRODUCTS
Nutri Choice Sugar Out:
Nutri Choice Sugar Out is the most novel product range to have been introduced in the market.
The product is not just sweet but tastes great, and yet contains no added sugar.
This is because Nutri Choice Sugar Out is sweetened with "Sucralose," derived from sugar,
which provides the same sweetness as any other biscuit, without the added calories of sugar.
This range is available in 3 delicious variants namely Lifetime, Chocolate cream, and Orange
cream.
The new and improved Nutri Choice Digestive Biscuit, have one less thing to worry about.
Made with 50% whole-wheat and packed with added fiber (10% of our daily dietary needs),
these delightfully tasty biscuits are amongst your healthiest bites of the day
Britannia Treat launches the amazingly yummy Treat Fruit Rollz!! These tasty soft rolls are filled
with real fruits and provide a healthy yet mouth-watering treat to the kids. Fruit Rollz come in
four masti fruit flavors – Juicy Apple, Strawberry Surprise, Tangy Orange and Delicious Dates!
Milk Bikis is set to add excitement and appeal to ‘nutritious’ food. Whoever said that ‘good
food’ needs to look ‘dull and boring , will just have to take a look at Milk Bikis. With a unique
and attractive honeycomb design and an enhanced product experience, the new biscuit
prompts the ‘Kids will love it’ reaction amongst mothers. The milk goodness in the recipe is now
enhanced with SMART NUTRIENTS- 4 vital vitamins, iron and iodine, proven to aid mental and
physical development and growing kids. So, whether its breakfast time or snack time at school,
rest assured that kids will look forward to munching these crunchy, milky biscuits which even
helps in their development. And yes, adults won’t be far behind in reaching out for a pack!
Everybody’s favorite Marie biscuit now comes in a completely new avatar! Recently launched in
Tamil Nadu, Britannia Marie Gold Doubles is all about doubling expectations and experience.
Naturally, everything about it is new and exciting. This special variant of Marie, through a
patented production process, offers three delicious layers in a new flavor concept – with the
same old crispiness and a subtle new taste. The shape of the new Marie Gold Doubles biscuit is
completely altered and nowhere resembles the classic round Marie biscuit.
The launch of the latest 50-50 variant left everybody guessing “What it eez?” From TV ads,
radio, outdoor and in- store display materials to events, a website and SMS,email blasts and
new media were blended synergistically to create excitement and curiosity about the unique
taste of the biscuit. The tangy and distinctive pepper flavoured biscuit, that’s thin and crispy
and more like a snack, caught the imagination of a younger audience craving something to
nibble on.
Veg Cakes:
Britannia Veg Cakes is every vegetarian's dream come true! 100% vegetarian cake with all the
softness and delight a cake should have. Every slice is soft and fluffy, stuffed with real fruit bits,
to give you a cake that is truly delicious, down to the last slice. Add to this zero cholesterol and
a 3 month shelf life and you have a healthy, convenient snack to enjoy anytime, anywhere
2010 - Britannia Nutrichoice launches a New Year pack - the Nutrichoice Health Starter Kit
Created for everyone who makes a New Year resolution to become healthy and does not follow
through on it. Nutrichoice Hi-Fiber Digestive, Nutrichoice 5 Grain and Nutrichoice Nature Spice
Cracker.
Britannia NutriChoice 5 Grain biscuits are made from 5 carefully chosen healthy cereals (Oats
that help reduce bad cholesterol, Corn which promotes heart health, Ragi a good source of
both Calcium as well as Fibre, Rice low in fat, and Wheat that provides wholesome energy).
These biscuits are delicately sweetened with natural honey, and come in a unique large oval
shape.
Tiger Banana:
Britannia is committed to help secure every child's right to Growth & Development through
good food everyday. Purposefully taking forward the credo of 'Eat Healthy, Think Better ', we
have launched a new variant under our power brand TIGER - TIGER BANANA - power packed
with IRON ZOR & and with the delightful taste of banana.
Little Hearts:
Little Hearts was launched in 1993 and targeted the growing youth segment. A completely
unique product, it was the first time biscuits were retailed in pouch packs like potato wafers. In
1997, the ‘Direct Dil Se’ campaign encouraged youngsters to openly express their feelings. And
in 2003, two variants called Little Hearts Chocolate and Little Hearts Sesame were rolled out
Britannia Good Day was launched in 1986 in two delectable avatars - Good Day Cashew and
Butter. Over the years, new variants were introduced - Good Day Pista Badam in 1989, Good
Good Day is among the fastest growing brands in Britannia's portfolio and it has been the
leader in the cookies category ever since its launch.. The celebration was taken to the IPL as
Good day cheered along with a million cricket fans in the stadiums, each screaming and
India's first and favorite Bourbon's sweet adventure began in 1955. Since then, Bourbon lovers
across the country have been caught opening this chocolate couplet, licking the cream, and
Whatever the occasion, wherever the hangout, Bourbon makes for great company. You can
grab your very own Nano Pack or a Pocket Pack. The Hangout Pack is just right for chilling with
friends. Take along a Party Pack for... yes, a party! And the Gift Pack will surely win you a few
brownie points!
Treat:
Britannia launched Treat in 2002. Britannia Treat offers a wide variety of flavors, such as the
Elaichi, the Fruit Flavored Creams such as Orange, Pineapple, Mango, and Strawberry, the Jam
Filled Centers under the Jim Jam range, and the Duet Range (biscuits with two flavours of cream
between three layers of biscuit) comprising Strawberry Vanilla and Duet Strawberry Chocolate.
Bread:
Till 1958, there were no breads in the organised sector and bread consumption was a habit
typified by the British. Then, a mechanised bread unit was set up in Delhi with the name
"Delbis" which produced sliced bread and packed it under the Britannia name. The Mumbai
unit came up in 1963 and there again Britannia was the first branded bread in the city.
Rusks :
Britannia launched its rusks in the year 2005. In a Market full of unbranded players, Britannia
rusks have stood head and shoulders above the rest in terms of sheer quality .They are made
from the finest ingredients and baked with care as they are twice as crisper as and tastier than
ordinary rusks. The communication for this mouthwatering offering is aptly “Enliven your spirits
Time paas:
The brand quickly became a leader in Britannia's portfolio and, consequently, Snax was
revamped as a lighter product and renamed Britannia Timepass Classic Salted. To further the
franchise of the Timepass brand, a variant 'Nimkee' was introduced in the Eastern market in
April 2003, and then taken nationwide after a favourable response. Judging by its history, the
Cookies:
Britannia's latest symbol of 'Zindagi mein Life' - Britannia Cookies, is packed with the
nourishment of wheat, the richness of butter and milk, and the lingering flavor of elaichi.
Britannia is the leader in the cookies segment, with the Good Day at the top end and now
It was launched in 1993, 50-50 belongs to the family of crackers and is considered the "very
very tasty tasty" snack. Britannia 50-50 is the leader in its category with more than one-third of
market share. The versatile and youthful brand constantly aims to provide a novel and exciting
taste experience to the consumer. As a result, in 2001, the delicious Maska Chaska was
PLANT LOCATION
PLANT LOCATION
Not all the brands of Britannia are produced in this branch only some brands of biscuits are
produced at this branch.
1) Plant I
a) Mariegold
b) Good Day butter
c) Good Day pista badam
2) Plant II
a) Good Day cashew
3) Plant III
a) 50-50
b) 50-50 Maska Chaska
c) 50-50 pepper chakkar
4) Plant IV
a) Chocolate treat bourbon
b) Orange Treat
CHAPTER 6
MARKET SHARE
MARKET SHARE
Mumbai: Britannia Industries Ltd is investing Rs100 crore to revamp its premium biscuits
products portfolio to boost market share in the category to 50% in two years from 35% now, a
Britannia will spend nearly Rs100 crore in the next 9-12 months on its three premium cream
brands—Pure Magic, Bourbon, and Treat—to revamp this category that has seen flat growth
during the past three years, said Ali Harris Shere, vice-president of marketing at Britannia. Of
this, Rs50 crore is earmarked for the brand “Treat”, Shere added.
“Cream biscuits as a category has not been growing, and there are 2-3 reasons why there is
stagnation,” Shere said. “One is, it is a discretionary category. You do not necessarily consume
cream biscuits every day with a beverage, with a tea. You think of tea, you think of a cookie.
We, as marketers, have not been able to create those hooks of consumption,” he said.
“Pricing is another barrier, premium cream biscuits’ pricing is almost 2x the average of biscuits,”
Shere said. “Which means premium cream biscuits are expensive, which inhibits regular
consumption.”
Cream biscuits category contributes 7.5% of Britannia’s total revenue. The category accounts
for 7-8% of the total biscuit market in India, Shere said. However, nearly 30-40% of total
advertising spends on biscuit brands in India are invested in promoting this category, he added.
Other major cream biscuit brands include ITC’s Sunfeast and Mondelez’s Oreo.
As part of the revamping, Britannia has relaunched “Treat”, its cream biscuit brand for children,
with new packaging and a new biscuit design. The company has also introduced two new
flavours—Funky Chocolate and Kool Vanilla—and is launching a new television ad campaign for
Britannia is looking to double the number of outlets that Treat reaches, from 200,000 stores in
India. While this will largely be in urban areas, Britannia expects to sell the brand in rural parts
“We have increased our direct reach in the last three years from 7.5 lakh outlets to a 15.5 lakh
outlets,” he said.
Britannia plans to take steps to boost sales of its two other cream biscuit brands every 3-4
This is part of Britannia’s long-term strategy to launch new products across its biscuits portfolio.
In May, the company introduced Good Day Wonderfulls, a new premium cookie variant to
Britannia is also working to increase sales after de-stocking by dealers in the run-up to goods
Britannia’s net profit for the quarter ended 30 June fell 1.4% from a year earlier to Rs216 crore.
CHAPTER 7
MARKETING STRATEGIES
MARKETING STRATEGIES
The marketing mix of Britannia discusses the marketing mix strategy of Britannia Industries
Limited (BIL), which is a market leader in the Indian bakery and biscuit market. Established in
March 1918, it has steadily grown and secured itself as one of the heavyweights of India.
Its portfolio of brands includes Tiger, Good Day, Marie Gold and 50:50. It became the first
company in the East to use imported gas ovens, and as a business, flourished and began to
Installing automatic plants in Calcutta and Mumbai helped to increase production, and a
number of small takeovers strengthened the company’s position. In 1997 the company had
a mission change, and identified a ‘eat healthy, think better’ strategy as one they intended to
pursue. In the same year they joined the dairy product market, and released a string of snacks,
with this philosophy in mind. Dairy products account for around 10% of the company’s revenue.
From 1998-2001, the company’s operating profits were 18%, as sales grew at a compound
annual rate – against the market – of 16%. More recently, BIL has been seeing growth of around
27% per year, compared to the industry growth rate of about 20%.
BIL offer a wide variety of edible goods. Bakeries set up in the 1960s at various locations around
India ensured a constant supply of fresh bread, and as the company began distributing biscuits
from other smaller companies it had taken over, they started to manufacture and release their
own biscuits. Their main products include bread, biscuits, cakes, rusk and dairy products. They
have continued to release a steady flow of products over the years, for example, fruit bread, or
the dairy product Half/Half. 90% of their revenue, however, comes from biscuit manufacturing.
Their combined factory capacity is some 433,000 tonnes per year. In 2006, the Tiger brand part
of the company achieved total sales of $150 million. BILs present annual revenue is around Rs
Britannia Tiger
Britannia treat
Britannia 50 50
Little hearts
Bourbon
Britannia Marie
Veg cakes
Britannia has been one of the market share holder for many years in India. It has also concluded
some foreign deals, such as working with Peek, Frean and Company which is a successful UK
biscuit company, and also completed takeovers such as that of Parry’s in 1975 which enabled
the company to distribute its goods to more people. The company was built up and was known
for many years as ‘the Biscuit King’. Britannia currently has an estimated 38% of the market
share.
The company has also invested in its dairy products, and in 2001 announced a joint venture
with the New Zealand Dairy, allowing it to produce cheese and butter amongst other things.
The company distributes its goods up and down the length and breadth of India. In 2007 BIL
agreed to a joint venture with the Khimji Ramdas Group, and acquired a 70% beneficial stake in
the Strategic Foods International Company based in Dubai. The company has been voted one of
India’s 100 most trusted companies, as listed in the Brands Trust Report.
For distribution, Britannia follows the FMCG channel of distribution wherein it appoints
distributors at select locations. These distributors are then responsible for handling dealers and
retail showrooms. Modern trade channels like Big bazaar and D mart as well as others are
handled directly by the company. The distribution channel follows breaking the bulk where in
large amounts are transferred from factory to C&F, from C&F to distributor and then forward to
retailers and dealers. The distribution in urban areas is fantastic with Britannia being present
almost everywhere. However, the rural penetration of the company is still less because of the
The strongest asset for the promotion of Britannia products is the product itself. The products
are tasty and people like it. Thus, a pull is created directly by the product. However, today, no
company can exist without promotions and advertising. Same is in the case of Britannia as well.
However, the advertising spends for Britannia are controlled because of the brand equity of
Britannia products and the presence of the brand for almost a century in the Indian market.
The company uses most of the usual methods of advertising, including billboards, magazines, tv
ads and point of purchase advertising. In November 2012, BIL hired Salman Khan to endorse its
Tiger range of products. The popular Bollywood actor promotes the core values of the Tiger
brand range because of his own dashing style and personality. Britannia has high advertising
spends for products like Good day and Bourbon which are almost stars for the Britannia brand.
However, the investment for marketing of Dairy products is minimal because a lot of expenses
have to be done for the distribution of the products. Britannia has enough brand and clout in
the market, because of its constant presence in the last few decades, that its product receive a
Has amazing brand equity due to presence in the market for last many decades
Competitive pricing is the sole pricing strategy which Britannia uses. Parle is one of the major
competitors of Britannia and in that, Parle G has remained unbeatable for decades. In
dairy, Amul is a strong competitor for Milk, Cheese and other dairy based products. In bakery
products, you will find local competition as well as Monginis and other veg cake makers who
have their own line of products. To stay above all of them, Britannia adopts a competitive
pricing strategy. Thus, Britannia products are much better in quality and are good in price as
well. The pricing strategy along with distribution has been so strong, that people buy these
products even on Railway stations and while traveling , instead of buying local snacks.
CHAPTER 8
COMPETITOR
COMPETITORS
Name Last Price Market Cap. Sales Net Profit Total Assets
(Rs. cr.) Turnover
DATA ANALYSIS
DATA ANALYSIS
SALES ANALYSIS OF CONSUMER PROMOTION
50:50 150G 10 13 44
WESTERN UP
TOTAL SALE(in Tonnes)
50 44
45
40
35 APRIL
30
25 22 MAY
20 13 15
15 10 10 JUNE
7 7
10 4 2 3 3 5
5 1 3 1 1 1
0 91340 50:50 150G 91344 TIGER KESAR 91345 TIGER ROSE 91346 TIGER 91347 TIGER ELAICHI 91350 TIMEPASS
KULFI 100G MILK 100G ORANGE CREAM 100G CREAM 100G CLASSIC S.150G
It is clearly depicted from the above Graph that there has been a tremendous
increase in total Sales of all the SKUs (Stock Keeping Unit) from April to June due
to the Promotional Schemes offered with these SKUs during this Period. The
maximum swing in the total Sale was observed for 50:50 150gm which is about 44
has been a noticeable increase in the total Sale of the Tiger Orange Cream 100
gm. The sale was increased from 10 tonnes in April to 22 tonnes in June. The
Percentage increase in the total Sale of this SKU (Stock Keeping Unit) from April to
The Total Sale of all the rest of the SKUs (Stock Keeping Unit) has also increased
EASTERN UP
120 109
TOTAL SALES(in Tonnes)
100
80 70 APRIL
6162
56 MAY
60
35 JUNE
40 27
20 7 8
11 1 0
6 2 4 37
0
91340 50:50 91344 TIGER 91345 TIGER 91346 TIGER 91347 TIGER 91350
150G KESAR KULFI ROSE M ILK ORANGE ELAICHI TIM EPASS
100G 100G CREAM 100G CREAM 100G CLASSIC
S.150G
It is clearly seen from the bar Diagram that in this region, the maximum
Percentage increase in total Sales was for 50:50 150gm and Timepass Classics
150gm. There has been a tremendous increase (212% for 50:50 150gm and
800% for Timepass Classics 150 gm)in sale for these SKUs (Stock Keeping Unit)
due to promotional Schemes offered with these SKUs (Stock Keeping Unit).
There has been a Marginal increase in the Sale of rest of the SKUs (Stock
Keeping Unit).
TOTAL SALES (in Tonnes)
50:50 150G 8 12 88
CENTRAL UP
100
TOTAL SALES(in Tonnes)
88
90
80 APRIL
70 MAY
60
JUNE
50
40
27
30
18
20 12 13 14
8 6 8 6 4 5 6 4
9
4
10 3 3
0
91340 50:50 150G 91344 TIGER 91345 TIGER 91346 TIGER 91347 TIGER 91350
KESAR KULFI ROSE MILK ORANGE ELAICHI TIMEPASS
100G 100G CREAM 100G CREAM 100G CLASSIC S.150G
In this region also, the Maximum increase in Percentage total Sales was
Observed for 50:50 150 gm and Timepass Classics 150 gm. The Percentage
increase in Total Sales of 50:50 150 gm from April to June due to Promotions
An unusual trend in increase in sale was Observed in case of Tiger Kesar Kulfi
100 gm. There has been a increase in sale of this SKU (Stock Keeping Unit)
from April to May but there has been a Drop in the Sale from May to June.
This is because of the non availability of this SKU (Stock Keeping Unit) in this
Region.
MATERIAL APRIL MAY JUNE
50:50 150G 36 41 70
RAJASTHAN
80
TOTAL SALE(in Tonnes)
70
70
60
50 APRIL
41
40 36 MAY
32
30 JUNE
19
20 16
11 13 13 13
8 10 7 7 6 7 4
10 2
0
91340 50:50 91344 TIGER 91345 TIGER 91346 TIGER 91347 TIGER 91350
150G KESA R KULFI ROSE M ILK ORA NGE ELA ICHI TIM EP A SS
100G 100G CREA M 100G CREA M 100G CLA SSIC
S.150G
As it can be seen in the above chart sale of 50:50 due to promotion shoot up
like anything in month of June that is a increase of around 89%. Also other
SKUs (Stock Keeping Unit) like TIGER ORANGE and TIGER ELAICHI showed a
80
67.7
70 60 57 57.9
PERCENTAGE
60 50 50
50 40 43 42.1
%Rural Sale
40 32.3
% Urban
30
20
10 0 0
0
91340 50:50 91344 91345 91346 91347 91350
TIGER TIGER ROSE TIGER TIGER TIM EPASS
KESAR M ILK ORANGE ELAICHI CLASSIC
KULFI
The affect of promotion is clearly seen in the Eastern UP. The target rural sale
KULFI and TIGER ORANGE are close to the target whose Rural Sales
Percentage are 60% and 57% respectively. For all the rest of the SKUs (Stock
Keeping Unit) the Percentage Rural Sale is very less than the targeted in this
month.
The SKU named TIGER ROSE MILK does not show any sale neither Rural nor
Urban in this region. This is due to non availaParle G ity of this SKU (Stock
TIMEPASS CLASSIC 20 80
CENTRAL UP
70
60 %Rural Sale
50
40 % Urban
28.7
30 18.5 20
16.3
20 6.7
10 5.4
0
91340 50:50 91344 91345 91346 91347 91350
TIGER TIGER TIGER TIGER TIM EPASS
KESAR ROSE M ILK ORANGE ELAICHI CLASSIC
KULFI
The target rural percentage sale should be at least 34% according to
Superstockists contribution in this area. TIGER ROSE MILK has done the least
sale among all the SKUs(Stock Keeping Unit) . There should be slight increase
Percentage. None of the SKUs (Stock Keeping Unit) has reached the targeted
TIGER ORANGE 40 60
RAJASTHAN
80 71.7
70 61.7 60
56.4
PERCENTAGE
60 50 50 50 50
50 43.6
38.3 40 %Rural Sale
40
28.3 % Urban
30
20
10
0
91340 50:50 91344 91345 91346 91347 91350
TIGER TIGER ROSE TIGER TIGER TIM EPASS
KESAR M ILK ORANGE ELAICHI CLASSIC
KULFI
The target rural percentage sale should be at least 48% according to
Superstockists contribution in this area. TIGER KESAR KULFI and TIGER ROSE MILK
has reached their target Rural Sale Percentage. Rest all the SKUs are below the
target sale Percentage. TIGER ORANGE and TIMEPASS CLASSIC are close to the
targeted Sale and need slightly more efforts to reach to the targeted Percentage
MONTH JUNE
50:50 10 90
TIGER ORANGE 12 88
TIGER ELAICHI 17 83
TIMEPASS CLASSIC 45 55
WESTERN UP
100 90 90 94
88
83
PERCENTAGE
80
55
60 45 %Rural Sale
40 % Urban
17
20 10 10 12
6
0
91340 91344 91345 91346 91347 91350
50:50 TIGER TIGER TIGER TIGER TIM EPASS
KESAR ROSE M ILK ORANGE ELAICHI CLASSIC
KULFI
The target rural percentage sale should be atleast 16.8% according to
exceptionally good but rest SKUs (Stock Keeping Unit) i.e. 50:50 (12.3%) and
FINDINGS
FINDINGS
provides motivation to the employees& they try to do their job in a more efficient &
effective manner.
7. Britannia Industries Limited provides very healthy working environment to its employees.
8. Britannia Industries Limited provides canteen facilities to its employees. The rules of
canteen are same for all the top executive as well as workers.
9. In Britannia Industries Limited all the work is done in a systematic manner so the chances
10. Britannia Industries Limited provides gifts all the workers & organize parties for the
LIMITATIONS
LIMITATION
The duration of my study was 7 weeks, so I cannot cover all the Functions of H.R. Deptt. The
survey of recruitment and selection procedures are could not be done in detailed due to
shortage of time. As H.R. is the vast area. This is very short period to understand the whole
system of H.R. Deptt. Various aspects of H.R. & Excise duty could not be cover up. The study
Lack of proper communication with employees as they are having much work load.
The drawn conclusion is not final, further study can be carried out.
CHAPTER 12
Almost half of the workers are new, so the company is not having experienced workers.
It is also facing the problem of less loyal workers. So the company should find out the
reason for this problem and must control this problem.
Should make aware about the different types of programme & should be concluded by the
experienced person by seniors.
There should not be biasness among the employee's everything should be clear to employee's
in written as well as in oral after the assessment.
Raw material is wasted at the time of unloading. So it should not be the wastage of raw
material.
Unit is situated far away from main plant.
Most of the workers feel improvement in themselves which is also a good point for the
company.
The company can increase the manpower and salary because most of workers feel that the
manpower and salary is less than the requirement.
All the employees are happy with the immediate medical facility. Company should maintain it.
A number of workers do not feel safe in the working areas. The company should examine those
areas and should provide safety equipments to the workers there and should increase some
safety requirements there.
Most of the workers feel confident due to these benefits. Company should also try to boost the
morale of the workers.
CHAPTER 13
CONCLUSION
CONCLUSION
"Human beings are drawn close to one another by their common nature but habits & custom
There is no doubt that Recruitment and Selection process contribute to the efficient & effective
operation of the staff & their future development. But the method & administration of
It is truth that no work is completed in itself. In fact, completion of one job is actually the
beginning of another job. Likewise, H.R. is never ending process. It is actually for personal &
professional development.
At last it is concluded that the company as a hole is a well brand company. The good will of the
company is very high. The company is also having proper system or communication through
The environment (working & cultural) is found the employees are pleased to work very hard in
the corporation to achieve the desired objective. The company organized the Training &
Development programmes for employees & through it employees gets more knowledge & a lot
After the Training I got the difference between theoretical knowledge & practical knowledge.
The employees gave me the full practical knowledge about salary sheet, leave Book, ESI form,
Books:
Web-Sites:
www.google.com
www.britannia.co.in
www.wikipedia.com
www.hrcite.com