Professional Documents
Culture Documents
On
Submitted By
Rishav Manav
BM-018264
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Summer Internship Project Report
On
“MARKET STUDY POTENTIAL FOR ATLAS COPCO
INDUSTRIAL VACUUM PRODUCTS”
Submitted in partial fulfillment of the requirements for the Two Year Full Time Post
Graduate Diploma in Management
Session
Submitted By
Rishav Manav
BM-018264
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CERTIFICATE OF ORIGINALITY
I hereby declare that this Summer Internship Project is my own work and that, to the best of
my knowledge and belief, it reproduces no material previously published or written that has
been accepted for the award of any other degree of diploma, except where due
acknowledgement has been made in the text.
Rishav Manav
BM-018264
18-07-2019
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INDUSTRY CERTIFICATE
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SCREENSHOT OF LETTER OF RECOMMENDATION BY ATLAS
COPCO ON LINKEDIN
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CERTIFICATE
This is to certify that Mr. Rishav Manav PGDM (2018-20 Batch) a student of I.M.S.
Ghaziabad, has undertaken the project on “MARKET STUDY OF POTENTIAL FOR ATLAS
COPCO INDUSTRIAL VACUUM PRODUCTS ”. To the best of my knowledge, the survey, data
collection, & analysis work for preparing the project has been carried out by the student in
partial fulfillment of the requirements for the award of PGDM, under my guidance and
supervision.
Date:
Ms. Saloni Chitkara
(Signature)
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ACKNOWLEDGEMENT
I would like to thank my project guide Mr. N. Vigneswaran – Business Line Manager, Atlas
Copco India pvt ltd, for providing an opportunity to explore my professional capabilities and
develop my skillset as a marketing professional. The amount of freedom provided by him
has enabled me to deliver the desired result to the best interest of the company and benefit of
my professional career.
I would like to extend my sincere gratitude to Mr Anoop Singh, my mentor and Territory
Manager of Atlas Copco, for constant technical inputs and support from his side. I would
also like to thank other staff members of Atlas Copco – especially Mrs. Swapnali Shinde and
dealer of Atlas Copco Berico Sales for their support in successfully completing my project.
I sincerely thank Atlas Copco India for providing me this exciting opportunity which I
consider as a remarkable milestone in my professional career.
Additionally, I would like to thank my project mentor Mrs. Saloni Chitkara Faculty member,
IMS Ghaziabad for her support and guidance.
Also, I would like to thank all the faculty members of IMS Ghaziabad for their guidance and
support.
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EXECUTIVE SYNOPSIS
Atlas Copco, a brand well known in Industrial Compressors segment, has entered in
Industrial Vacuum pump product segment using compressor technology. Summer internship
training was conducted by the organization where technical details of Atlas Copco Industrial
Vacuum products were explained in detail. Other details such as competitors, existing market
trends and behavior as identified by the company was explained during the induction
program.
As a summer intern, I was assigned to identify the market potential of Vacuum product in
Punjab, Himachal Pradesh and Uttarakhand region. The product, however, is a premium
product and it is capable of bringing down the energy consumption of existing vacuum pumps
(compared to other competitor brands) at more than 50%. A thorough investigation on usage
of Industrial vacuum product in various applications has to be identified and consumer
awareness must be created about the product.
Appointments were generated through cold calling. Data regarding existing vacuum system
were collected using questionnaire prepared during 2 days of training process. This
comprehensive data provides detailed information about the type, technology, power,
capacity and quantity of vacuum pumps being used by the potential customer. This data forms
the base for further market analysis. Patterns are seen in type of technology being used.
Consumer preference is also taken into account during product presentation and interaction
process. The market is segmented based on the kind of use: OEM (Original Equipment
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Manufacturer), integrated machine users and Standalone machine users. Another method
adopted to segment the market is based on the application. Every application of vacuum
pump should be dealt as separate market segment as the consumer requirement in every
industry are different.
As per the finding the Companies are segmented sector wise and different products of
industrial vacuum are targeted as per Company so that the reach increases as such the market
of liquid ring pump is much in rubber based Company and too in Diary based similarly we
could pitch our GHS range of Vacuum pump in packing based industry.
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Table of Content
Certificate of originality i.
Certificate iv.
acknowledgement v.
vi.
EXECUTIVE SYNOPSIS
Table of Contents vii.
List of Figures viii.
1 Introduction 1-13
1.1 Problem bag round 1
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2. Research Methodology 16
2.1 Process of data collection 16-17
2.2 Tools 17
2.3 Statistical technique 18-19
2.4 Technique suggested by Company to be used 20-22
3. Findings
4. Findings of objective undertaken 33-34
5. Analysis 35-37
6. Conclusion and Recommendation 38-39
7. References 40
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List of Figures and Tables
Figure Description Page
No. No.
Q1 A pre design questionnaire was given by the company 18-19
Q2 Questionnaire filled of Alliance ( FMCG soap segment) 23
F1 Busch vacuum pump in Alliance 24
F2 Busch dry rotary vane vacuum pump used in pick and drop 24
application
Q3 Questionnaire filled of Wipro limited ( FMCG Cosmetics) 25-26
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1. INTRODUCTION
Atlas Copco has been in vacuum business for a span of 7 years. Having set global
standards in compressor business by holding close to 90% of market share, the company
has started to lay its footprint in vacuum pump business. Screw technology is used in
vacuum pumps – a proven technology which was used in Atlas Copco compressors. The
products belong to sustainable products segment which is capable of reducing the energy
consumption of vacuum system at more than 50%. Value selling technique is adopted by
the sales team which identifies the current energy consumption of existing vacuum system
and calculates the return on investment for the potential customer when moved to Atlas
Copco vacuum product. There are six different variants of vacuum pump as explained
above. These variants are used in specific applications in industry. It is necessary to
understand the functionality of every product which will facilitate in matching with a
particular application in an industry segment. Given the business situation, the project
was to identify the potential market in Punjab, Himachal Pradesh region.
With Chandigarh as the working center, various industries that has the application of
vacuum pump must be identified. The primary identification was made through internet
resources. Relevant industries that has the application of vacuum pump as instructed
during two days training program, has to be identified through publicly available
resources like internet, industry directory, government information portal etc. Apart from
these sources, Atlas Copco provided a private industry directory that helps in identifying
relevant companies. Once the companies are identified, cold calling technique is used to
approach the potential customer. It is necessary to get in touch with utilities or
maintenance team of the concerned company which will enable to talk about the technical
details of the product. Once the potential customer is identified, a face-to-face meeting is
arranged. A set of questionnaires is prepared to understand the existing vacuum system
of the potential customer which can used for analysis.
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It is necessary to visit all types of industries as the application of vacuum pump in
different industry is not fully identified. Understanding the working of vacuum pumps
and understanding the basic processes involved in an industry is necessary to predict the
application of vacuum pumps in that particular industry.
The Market Study of Industrial Vacuum project is being performed to create awareness
about the technologically advanced Industrial Vacuum product produced by Atlas Copco.
The product aims at reducing the energy consumed by Industrial Vacuum pumps by
providing a sustainable solution. Customer knowledge about Atlas Copco vacuum pump
product has been identified to be minimal in the region. This is primarily due to lack of
market penetration in all parts of Punjab . A general product presentation meeting with
the technical team of an industry, involving detailed technical description of existing
system can open up new market for Atlas Copco vacuum pump products. A questionnaire
was prepared which was instrumental in collecting existing details of vacuum system in
a company. The data collected through the questionnaire shall be used for future
references to attract the target customers.
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1.3.1 Project Objectives
The business objective for this project is to explore the assigned market of Punjab,
Himachal Pradesh and Uttarakhand
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A. BUSINESS PROFILE
B. Industry profile
A vacuum pump is necessary for a range of industrial settings and applications. These
include: labs, surgical procedures, dental operations and a variety of manufacturing
applications. Other applications include: ion implantation, dry etching, atomic layer
deposition, electron microscopy, radiotherapy and radiosurgery.
In labs, vacuum pumps help to control delicate testing environments when contaminants
could destroy experiments. During surgical procedures or dental operations, provide
suction to improve cleanliness and visibility. In terms of manufacturing, vacuum pumps
are essential for vacuum forming, creating eye lenses, producing light bulbs and carrying
out many other complex assembly steps that would be almost impossible without vacuum
technology.
Some of the many industries in which vacuum pumps are important include: laboratory
and research, healthcare and medicine, dentistry, industrial manufacturing, plastic
molding, food processing, semiconductor and vacuum coating.
The first true vacuum pumps were invented in the 1650s by Prussian engineer and
physicist, Otto Von Guericke. His first vacuum pump invention was the air pump (1650),
which he used to create partial vacuums. It was known to achieve must lower pressure
levels than those pumps that came before it. In 1654, he demonstrated efficacy of his
vacuum pump during an experiment known today as the Magdeburg hemispheres
experiment. During said experiment, he proved that not even two teams of horses could
separate two hemispheres that he had joined together with a vacuum (evacuating the air).
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In the 1660s, Irish scientist Robert Boyle improved on Guericke’s model and used it to
conduct experiments of vacuum properties. Then, British philosopher Robert Hooke
helped Boyle develop an air pump that creates a vacuum.
After this, the scientific and engineering community lost interest in vacuum pumps for
quite some time. It was not until 1855 that they returned to it. In 1855, Heinrich Geissler
invented the mercury displacement pump, quickly leading to the invention of the vacuum
tube. In 1865, German chemist Hermann Sprengel invented a vacuum pump (the Sprengel
pump) that uses mercury drops, which fall through a small-bore capillary tube, in order
to trap air that will be evacuated from the system. Later, Nikola Tesla created a device
that contained a Sprengel pump, designed to create a high degree of exhaustion.
Vacuum pumps created during the 19th century were simple, low capacity fans that
created small vacuums. Today, vacuum pumps, while based on these same models, are
far more effective and efficient than their predecessors.
Design
Manufacturers usually make vacuum pumps from tough, corrosion resistant materials like
stainless steel or titanium.
To customize a vacuum pump system, manufacturers can do a lot of things, like using a
unique number of pumps, or including chambers and seals, to create a higher or lower
vacuum.
Features
The basic vacuum pump features one or more pumps, an inlet port and an outlet, or
exhaust, port. In addition, some vacuum systems feature metal chambers with metal
gasket seals. These are used to achieve a higher vacuum.
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Regardless of their individual features, all vacuum pumps work by sending air out of an
enclosure, then preventing it from coming back in. To help the system run smoothly,
many also feature vacuum pump oil.
Types
There are several types of vacuum pump systems. Essentially, every vacuum pump is an
air pump because it moves air out of an enclosed space while also preventing it from re-
entering that space.
Finally, there are other vacuum pumps that feature the characteristics of more than one
main pump type, or are unique to themselves.
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Screw Air Compressor
Screw air compressors, also known as rotary-screw compressors, are gas compressors
that work using positive displacement. Types include: piston vacuum pumps, diaphragm
pumps and liquid ring vacuum pumps.
Diaphragm Pump
Diaphragm pumps pulsate to displace fluid, as check valves control the direction of
fluid flow.
C. ORGANISATION PROFILE
Atlas Copco was founded in 1873, in Stockholm, Sweden. The Atlas Copco Group is a
world-leading provider of sustainable productivity solutions. The Group serves
customers in more than 180 countries with products and services focused on
productivity, energy efficiency, safety and ergonomics.
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A. ATLASCOPCO INDUSTRIAL VACUUM DIVISION
industrial vacuum products are used in different industrial processes like printing,
plastics, packaging, pick and place, food processes, tobacco, electronics, pharma, tyre
manufacturing, refrigerators vacuum forming, transformer oil filtration, woodworking,
bottling, canning, automobile windshield float glass lamination, glass bottle forming,
steam generators, turbine manufacturing, evaporator process in dairy industry,
crystallization process in sugar industry, distilleries and so on.
B. PRODUCT PORTFOLIO
Atlas Copco Vacuum pump consists of 6 different variants based on the technology and
application that can be used. Added to the basic product, boosters and other vacuum
accessories such as vacuum receiver chamber, different variants of vacuum filter and
standalone controllers are also provided by Atlas Copco.
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DZS, DZS VSD+ & DZM Series Dry Claw pump
o High efficiency Stainless Steel Claw
element
o Oil Free Technology
o Resistive and Durable coating
o DZS VSD+ : VSD Mounted Motor. Your
mobile phone is your HMI !
o Compact and Lower noise levels
o Simple, Durable & very low maintenance
o Modular design with effective cooling
built-in
Product Series Nominal Displacement Ultimate pressure
(m3/Hr) (mbar.a)
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DZM 44 to 1230 140
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DHS VSD+ Dry Screw Pumps
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LRP VSD+ Water Ring vacuum pump
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Product Series Nominal Displacement Ultimate pressure
(m3/Hr) (mbar.a)
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1.5 LITERATURE REVIEW:
2) Hanson, G. H. (2005): The paper, tells about the spatial correlation between wages
and consumer purchasing power across U.S. counties to see whether regional
demand linkages contribute to spatial agglomeration. First, I estimate a simple
market-potential function, in which wages are associated with proximity to
consumer markets. Second, I estimate an augmented market-potential function
derived from the Krugman model of economic geography, parameter estimates
for which reflect the importance of scale economies and transport costs. The
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estimation results suggest that demand linkages between regions are strong and
growing over time, but quite limited in geographic scope
3) Nilsson, A., Rydberg, A., & Hildebrand, F. (2019): The increasing presence of
globalization in our everyday life makes it apparent that internationalization is no
longer a topic relevant only for a few multinational companies, but for essentially
every company that wishes to expand or even survive in their domestic market as
well as in foreign markets. In light of this, research on how firm chooses FMEM
has surged, and it is evident that it is an important topic. Numerous theories and
factors have been examined in order to explain what motivates the choice of
FMEM, but there is notable absence in connecting the business model to the
FMEM. Despite the increasing attention and prominence of the business model,
to date, there is little research that looks at FMEM decisions through a business
model perspective
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2 RESEARCH METODOLOGY
Sample size: 72 (use to meet the maintenance head and sometimes the machine
operators)
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example, in rubber manufacturing company, vacuum pumps are used in
vulcanization process
c. The application may vary across industries. It is necessary to understand
the technical process followed by every companies to identify scope for
vacuum pumps.
d. These technical processes were studied through online sources like
company website and other blog sites
3. Cold Calling
a. Once the process adopted by the company is understood and it is found
that there is chance for vacuum application in the process, cold calling
option is resorted
b. Contact details can be gathered through online sources which will get us
in touch with receptionist or gate keeper or marketing team in most of the
occasion
c. As we are seeking technical details of the company it is necessary to get
in touch with maintenance or utility or production team of the company
d. During the discussion, application where vacuum system can be used is
talked about which will prompt the customer to reveal details of existing
vacuum system.
e. When it is understood that there is existing vacuum application in the
company, arrange a face-to-face meeting with the customer on any
convenient date
f. This meeting will facilitate in gathering data of existing vacuum system
through a set of prepared questionnaires
2.2 Tools
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circulation and wastage in some cases. Here, there is scope of avoiding wastage
of water and also energy saving can be done using Atlas Copco water free, air
cooled vacuum pumps
A pre design questionnaire was given by the company which was used during face-to-
face meeting with the potential customer.
Application
Motor Rating kW
Make
Model
Year of Manufacturing
Centralised or Decentralised
Quantitites
Inlet temperature from the process (at the pump inlet) Deg C
What would be the minimum particle size from process side Microns
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How much particle carry over would be there at present reaching the (kg/day)
vacuum
Nature &pump
description of dust
Is there any pre filter or bag filter currently installed between process chamber
and vacuum pump to remove the dust
Any water vapors from process side entering into the pump Lpm or
kg/hr
Is there any condensor or water separator currently installed between process
chamber and vacuum pump
Your recommendation of suitable size, technology and model of pump
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3 TECHNIQUE SUGGESTED BY COMPANY TO BE USED
Presenta
Prospectin Handling
Preapproa Approac tion and Follow-
g and objection Closing
ch h demonst up
qualifying s
ration
Qualified customers are identified through various online sources and industrial
directories provided by Atlas Copco. Approaching the right customer is crucial, whereas
in this case, it is necessary to take an informed chance in approaching a customer. This is
because, approaching a new customer from unidentified industry category can open new
business opportunity for the company. The most reliable source of contact information
can be obtained from referrals from suppliers, dealers and online platforms. However,
dropping in unannounced to various potential customer is the first option resorted to. Cold
calling is the most used method to identify the potential customer.
Preapproach
The type of organization is studied before making a cold call to understand and analyze
if there is any vacuum application in the company. Once it is understood that there can
be vacuum application, then telephonic conversation is made with the maintenance team
of the organization. This conversation is basically to confirm the presence of vacuum
application in their process. This forms the call objective which in this case is to qualify
the prospect. Then a meeting is arranged with the maintenance team to gather information
of their existing vacuum system.
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Approach
It was generally preferred to meet the customer in person and gather technical information
of existing vacuum system. However, certain customers may not find time in offline
meetings in which case an introductory mail about the Atlas Copco vacuum products were
sent to the potential customer. During personal meeting, opening with brand name and
USP of the vacuum product was largely used. Subsequently, some key questions will be
asked to understand the customer need and behavior.
During face-to face interaction with the maintenance team, after gathering relevant
information, it is necessary to start a value story by understanding what the customer
perceives as the most valuable aspect in a vacuum pump. Generally, the value story of
Atlas Copco vacuum pump says that it is capable of reducing energy consumption by
more than 50% which is the USP of the product. The value delivered by Atlas Copco may
differ from value perceived by the customer. There are other aspects such as maintenance,
availability of service team, pricing, working efficiency of the machine (probably due to
bad past experience), suitability of machine to the particular application which can
become major customer requirement which should be considered as value from customer
side. It is necessary to listen to the customer and build strong customer relationship at the
first meeting which could lay foundation for a long-term business relationship.
Handling objections
Objection can happen before the presentation stage. This is because cold calling can end
up in approaching customers who are relevant but not interested in any purchase or sales
demonstration. In B2B marketing, no customer will resort to a single supplier. There are
various criteria that will be considered before placing an order. It is necessary to deliver
the product portfolio to the desired customer and wait for a response from customer end.
In this case, requirement occurs after waiting for years.
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Closing and follow-up
In this project, sales deal closing and follow-up was not performed as the primary
requirement of the project is to identify the potential customers. Once identified, the
details are shared to sales team of Atlas Copco who will take charge for further
proceedings. There were situations during personal meeting where immediate
requirement was identified which was eventually notified to the sales team.
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4 FINDINGS
FMCG
(COSMETICS)
FMCG (SOAP)
1. wipro
1. Alliane
2. Sarvotham
care 2. RM
chemicals
3. HUL
ETC
ETC
PHARMA
1. Cipla
2. Mankind
3. Panacea biotec
etc
During the visit to sampling area I visited into 72 different companies and segmented
these companies into 5 different segment namely
FMCG ( Cosmetics )
FMCG( SOAP)
Food Processing
Rubber based industry
Pharmaceuticals
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Details of the companies visited and data collected are presented below.
Alliance
Description Unit Pump 1 Pump 2 Pump 3
Segment FMCG (SOAP)
Evacuation of
moisture from pick and drop
Application
soap bar application of
boxes
Technology of Vacuum
pump Dry claw Dry rotary vane
Type of Pump ( Wet or
Dry)? dry
Pumping Speed or Flow
rate
m3/hr 105 48
Designed vacuum (Name
Plate)
mbar.a
50 120
Process vacuum level (
mbar.a
Actual) 279.3
Process evacuation time (If
mins
Applicable)
Motor Rating kW 3
Make busch busch
Model MINK MM 1102 BV SV 1040 C 000 INZZ
Year of Manufacturing 2012 2013
Annual Working (Uasage)
Hours
time 24*7 24*7
With VSD or Star-Delta
Starter? No vsd No vsd
Centralised or
Decentralised DC DC
If it is a Liquid Ring pump,
What is the sealant water Deg C
temprature?
Quantitites 3 5
Working (or) Standby 2W+1S 4 w+ 1S
Inlet temperature from the
Deg C
process (at the pump inlet) Na na
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Inlet Connection flange size inch na na
Fig 2. Busch dry rotary vane vacuum pump used in pick drop application of boxes
There are many company in this segment apart from alliance which include RM
chemicals, HUL etc with similar manufacturing process. But the market of soap
manufacturing is shifting to liquid soap.
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TABLE -02 Company Name: WIPRO LIMITED - SEGMENT FMCG
(COSMETICS)
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FIG.3 BUSCH vacuum pump
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Company Name: Mankind – Table 01 (PHARMACEUTICAL SEGEMENT)
Mankind
Description Unit Pump 1 Pump 2
Segment pharma
Auto
Auto clamping,
Application clamping , capsule
capsule filling,
filling granulation
Water
Technology of Vacuum pump Ring
pump
Type of Pump ( Wet or Dry)? wet
Pumping Speed or Flow rate m3/hr 50 120
Designed vacuum (Name Plate) mbar.a 53.2 66.5
Process vacuum level ( Actual) mbar.a
279.3 279.3
Process evacuation time (If Applicable) mins
na na
Motor Rating kW 3.7 5.2
Make Vac tec Newgenre
Model 2UT-50-D LWV-12
Year of Manufacturing NA NA
Annual Working (Usage) time Hours
24*7 24*7
With VSD or Star-Delta Starter?
No vsd No vsd
Centralized or Decentralized DC DC
If it is a Liquid Ring pump, What is the sealant
Deg C
water temperature?
NA NA
Quantitates 4 2
Working (or) Standby 3W+1S 1 w+ 1S
Inlet temperature from the process (at the pump
Deg C
inlet) na na
Inlet Connection flange size inch na na
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Fig 5. Vacuum pump used for capsule filling Fig 6.Vacuum pump used for auto clamp
Metro tyre
Description Unit Pump 1
Segment
Tyre
Application
manufacturing
Liquid ring
Technology of Vacuum pump
pump
Type of Pump ( Wet or Dry)? Wet
Pumping Speed or Flow rate m3/hr NA
Designed vacuum (Name Plate) mbar.a 678
Process vacuum level ( Actual) mbar.a Unknown
Process evacuation time (If Applicable) mins NA
Motor Rating kW 30
Make PPI
Model
Year of Manufacturing 2000
Annual Working (Usage) time Hours 24*5
With VSD or Star-Delta Starter? NO VSD
Centralized or Decentralized DC
If it is a Liquid Ring pump, What is the
Deg C
sealant water temperature? NA
Quantitates 4
Working (or) Standby 3 W+ 1S
Inlet temperature from the process (at the
Deg C
pump inlet) NA
Inlet Connection flange size inch NA
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What would be the minimum particle size
Microns
from process side NA
How much particle carry over would be there
at present reaching the vacuum pump
(kg/day)
NA
Is there any pre filter or bag filter currently
installed between process chamber and
vacuum pump to remove the dust No
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Company name: Chatta food – Table 04
Chata food
Description Unit Pump 1
Segment
Application Food packing
Technology of Vacuum pump NA
Type of Pump ( Wet or Dry)? Wet
Pumping Speed or Flow rate m3/hr 120
Designed vacuum (Name Plate) mbar.a 279
Process vacuum level ( Actual) mbar.a Unknown
Process evacuation time (If Applicable) mins NA
Motor Rating kW 5
Make busch
Model
Year of Manufacturing 2015
Annual Working (Usage) time Hours 24*7
With VSD or Star-Delta Starter? NO VSD
Centralized or Decentralized DC
If it is a Liquid Ring pump, What is the
Deg C
sealant water temperature?
Quantitates 7
Working (or) Standby 5 W+ 2S
Inlet temperature from the process (at the
Deg C
pump inlet) NA
Inlet Connection flange size inch NA
What would be the minimum particle size
from process side
Microns
NA
How much particle carry over would be there
(kg/day)
at present reaching the vacuum pump NA
Is there any pre filter or bag filter currently
installed between process chamber and
vacuum pump to remove the dust No
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Fig 10. During plant visit
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Findings of the objectives undertaken:
1. Various industries have been visited across the area during project period.
Technology, application and other technical details were collected from potential
customers. Behavior of customers based on industry and demography is analyzed
which can be used in future for creating value to the potential customers. During
the visit to sampling area 72 different companies was visited and segmented
these companies into 5 different segment namely. And different product of atlas
copco could be used in these segments.
FMCG ( Cosmetics ) ----- GHS VSD+ for larger companies such as
Wipro
Rubber based industry ---- LRP VSD+ Vacuum pump for this
segment
Pharmaceuticals ---- DZS for small pharmaceuticals companies and
GHS VSD+ for larger companies
2. Awareness about the Atlas Copco brand presence in the Vacuum pump
manufacturing and solutions is there but still there is huge requirement to make
aware about our products. We could use our Compressors links in order to do so
as in many company are using the Atlas Copco Compressors and are very much
satisfied to it. This could be done only through manual movement to company to
company. The market coverage is still very less in comparison to the competitor
like Busch, Beaker and others. Being not too old in Vacuum we could try to
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make companies aware about out products and technology. Apart from sales we
need to focus in huge on after sales services as the customers complain about the
cost of parts is much high. And for small parts replacement also they need to
purchase whole kit.
3. It is necessary to have 2 more dealers or 3-4 sales engineer in the area segment
wise in order to cover the area. Currently only one dealer sales engineer is working
for such a huge area. If we scale down the territory the concentration would
increase much and we could be able to push our sales. We need to keep the sales
engineer area wise mainly.
There is immediate requirement of a sales engineer in the huge area of
Ludhiana where these tyre companies are situated talked above.
One sales engineer in Baddi Himachal to look these pharmaceuticals and
FMCG companies
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Analysis
The above area company’s are mainly divided into 5 segment namely
FMCG (Soap)
FMCG (Cosmetics)
Pharmaceuticals
Tyre
Food processing
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which require both dry and wet pump in operation there is huge potential
for our GHS Model.
Pharmaceuticals companies are huge in the number including giants such
as.
Cipla
Panacea biotec
Fdc
Mankind
And 1000 more
The major concentration of these companies are in Baddi , Himachal Pradesh and few in
ponta sahib, Punjab area These companies are using Atlas Copco Compressors but not
any Vacuum products hence a huge market potential to us. As the atlas copco is known
to them it is just required to stay in touch with them. And sell our product.
Tyre companies are the forth segment which are mainly concentrated in
Ludhiana, Punjab. Including the giants like
Metro tyres
Ralson tyres
Hindustan
Hetrex
KK Rubber
These company has a huge potential for our liquid Ring pump. It is just we have to
put our efforts As in one of the Company which I visited namely metro tyre the
maintenance manager was not able to tell the capacity of the vacuum pump being used
hence the sale was not moved further by us. I guess it is not a big deal to know the
capacity if the customer don’t know it becomes our duty to find it out and close down
the sale. But from the dealers effort was not made much to convert the customer.
The segment has huge potential for our liquid Ring pump. Since many of these
company are using the traditional Vacuum pump for more than 15 years hence huge
market for us.
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Food packing and processing is the fifth Company this segment is also big
includes company like Chatta food, Darshan food etc. The main thing about
these companies it that they use decentralized pump If we try to make
centralization than we could push our GHS model over here. Traditionally these
company are using small busch vane technology Vacuum pumps in which there
is huge maintainance cost to replace the mother organ (vane) hence a market
potential for us.
In all these segment we need to target with a specific plan segment wise in order to push
the sales in the market. As the competitor like Busch which present every where.
Vane technology used in the segment of packing both in FMCG and food
processing units
Liquid ring type is being used in the segment of tyre company and the diary
plant. Mainly the vacuum pump used over here are local make such as Indovac,
Geovac, PPI and may other Gujarat and Karnataka made vacuum pump. These
pump’s initial cost is very less but running cost is huge due to more
consumption on water and electricity
Screw based is still new to all.
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Conclusion and Recommendations
The study on finding the potential market for Atlas Copco’s vacuum pump has
resulted due to various visits made to different industry with different application.
This project had a great impact on me as far as field work is considered and keeping
myself motivated for the success at all the times. During the visits to these
industries, there were some moments where I felt some changes should have been
made.
2. In order to target medium level industries, the cost of the product is the
prime factor. In this case, pumps with lower ratings as well as cost can be
introduced. This can change the number of “NO” in the potential industries
to “YES”.
3. Until now the customers were aware of the compressors of Atlas Copco
but the introduction of the vacuum pumps was not aware to them. Even the
customers using the compressors were not aware of the vacuum pumps. In
this case, all the customers having Atlas Copco’s compressors should also
be informed about the vacuum pumps. This helps them in understanding
the expansion of the product width of Atlas Copco.
4. Using the current scenario, it seems that Atlas Copco can only target big
companies like HUL, Pharmaceuticals, PVC etc. but in order to grow
quickly, it is very necessary that the prices and the product with lower
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ratings like 1HP pumps should be introduced. Pumps with these ratings
have high scopes in replacing the conventional pumps.
5. There is huge requirement of professionals with soft skill as the persons working
are technically sound but lacks the above which is reducing the brand image.
6. We are the only company which has this VSD technology hence we need to act
smartly in order to utilize it as once the customer is aware
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5 References
5.1.1 Eriksson, M. (2016). The complex internationalization process
unfolded: The case of Atlas Copco’s entry into the Chinese mid-
market (Doctoral dissertation, Företagsekonomiska
institutionen, Uppsala universitet).
5.1.2 Hanson, G. H. (2005). Market potential, increasing returns and
geographic concentration. Journal of international
economics, 67(1), 1-24.
5.1.3 Nilsson, A., Rydberg, A., & Hildebrand, F. (2019).
Business Model Approach to Foreign Market Entry Mode:
A case study on a Swedish gear manufacturing firm.
5.1.4 Retrieve From https://www.atlascopco.com/en (Accessed
on 18th July, 2019)
5.1.5 Retrieve From https://www.atlascopco.com/en-
in/vacuum- solutions/explore- our-vacuum-pumps
(Accessed on 18th July, 2019)
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