Professional Documents
Culture Documents
Ceat Tyre Project
Ceat Tyre Project
CEAT manufactures a wide range of tyres for various customer radials for Indian
vehicles and caters to Heavy duty Trucks and Buses
Light Commercial Vehicles
Earthmovers
Forklift
Tractors
Trailers
Cars
SUVS
Motorcycles and Scooters
Auto-rickshaws
CHAPTER 1
INTRODUCTION
INTRODUCTION
CEAT
SRI KRISHNA TYRES "A confidentially own firm been managing by the promoter Firm put
up in 2003 by K.C.Puttaswamy Gowda who hails from a household of entrepreneur:
K.C.Puttaswamy Gowda alone managing firm for several years and struggle to put SRI
KRISHNA TYRES among good reputable distributor certain years Inter, Kiran Gowda, the big
son entered into the firm with his father. K. Puttaswamy Gowda a well graduated gave a new
position to the firm. His graduation assisted him appearance at new and improved expertise for
civilizing value of goods, civilizing project and falling period. He individually manages the
manufacture procedures and safeguards a plane and continuous movement. A firm that ongoing
of diffidently starts rising its trade through the world and is currently making a return of above
5 billion each year and rising continually. In the rising and successful firm K.C. Puttaswamy
Gowda running the ever-expanding demand. CEAT. merged in 1958, is amongst the peak tier
manufacturer in India well tyres. The company also produce and sales tubes. The firm
manufacturing a wide-ranging of tyres to low and high motor vehicles. The firm manufacturing
above 5 billion tyres on a yearly basis. It functions 4 Manufacturing plants. The firm also
functions 3 devoted two and three-wheeler plants controlled by CEAT. CEAT exports tyres to
countries namely USA. Australia and others. The firm has link of 35 area workplaces in excess
of 2,100 traders and more than 50 C&F agents. It also provides after-sales military through it
all 4 divisional offices assist by 50 service engineers Since 1985, the companies conduct R&D
activities that focus on as long as client lofty end product.
INDUSTRY AND COMPANY PROFILE
CEAT
CEAT, fused in 1959, is amongst the best remanufacturer in India. As well tyres, the
organization likewise makes and markets CEAT tyres. The organization fabricates a wide
assortment of tyres for 2-wheelers, 3-wheelers, 4 wheelers, tippers and trucks In 1925, CEAT
worldwide was appointed at Italy to fabricate links for phone and railroads. Later in 1959,
CEAT into the Indian market prompting arrangement of CEAT Tyres of India. The
organization was molded in gathering exertion with the Tata Group. Much later in 1982, the
RPG Group assumed control over the compose of CEAT Tyres of India and in 1999 the
organization was rechristened as CEAT The organization fabricates more than 5 million tyres
on a yearly premise. It works 4 Manufacturing plants - 2 in India (Mumbai and Nasik) and 2 in
Sri Lanka. It has ten outsourcing units for tyres and tubes, the organization likewise works 3
committed 2-3-wheeler plants disallowed by CEAT.
CEAT export tyres to nations to be correct USA, Africa, America Australia and different parts
of Asia. The organization has pot India system of 35 provincial office, more than 3,500
merchants and more than 100 C&F operators. It likewise give after Sales administration
through it each of the 4 divisional office, helped by 50 administration engineers: Since 1984,
the organization direct R&D movement that attention on giving client a high-end item The
organization's assembling units have expected ISO accreditation for worth administration.
CHAPTER 2
PROMOTORS:
SRI KRISHNA Tyres a private own organization being overseen by the promoter the
organization was begun in 2003 by Mr.K. Puttaswamy Gowda who hails from a group of
business people. Mr. K.C.Puttaswamy Gowda alone dealing with his business for a long time
and strived to Put SRI KRISHNA Tyres amongst settled exporters.
A few years after the fact, Mr.Kiran Gowda, the senior child held hands in the business with
his dad. Mr. K.C.Puttaswamy Gowda u Mechanical Engineer gave u radical new viewpoint to
the business. His assembling foundation offered him some assistance with looking at a od sever
innovation for enhancing nature of items enhancing plan and dropping time. He in person
supervise the generation forms and Guarantees a smooth and unbroken stream An organization
that began off modestly began rising its business over the globe and is without further ado
doing a turnover of more than 5 million articles of clothing each year and rising continually. In
the expanding and flourishing business K.C. Puttaswamy Gowda running the constantly
extending request.
VISION
Start with a dream work with assets that are powerfully coordinated with a solid duty
10 greatness in items and procedures, through a group of committed individuals, while
guaranteeing a perfect situation for our plant, the earth, all to serve the client better.
Mission
To provide better value to every passenger and good came in the nation through
economical and technologically advanced tyre solution.
Products/Services Profile:
The SRI KRISHNA TYRES is an ISO 9001 and 2000 ensured Company occupied with
Fabricating whole scope of feels worn out on bicycles autos, transport and so forth. Our items
are advertised under the exchange name -PENTAGON that conveys quality, dependability and
exhibitions. Pentagon tyres is furnished with complex assembling unit outfitted with a present
merger plant with a generation office of 50KL every day started it creation with the condition
of craftsmanship innovation amid the year 2003 at, Bangalore We are likewise supported with
solid advertising deals & technical group who make regularly provoke and quality tune-up
moved down by on time conveyance through our own vehicle. SRI KRISHNA Tyres being a
maker cum advertising organization, the advantages gathering out of Modal, CT3 Form, Form
XVII, "C" Form and all other qualified concession offered &accepted by both Central and State
Governments are by and large completely gone on to our significant clients.
Competitor's information:
MRF
MRF tyres have wide market in India and stand in the number one position in the market. They
have a strong dealer network, equally among all dealers and they are the market leaders in all
the cities. The standards and quality of CEAT tyres is compared and matched with MRF tyres,
Madras Rubber Factory Limited, commonly known by the abbreviation MRF, an Indian
multinational and the largest manufacturer of tyres in India It is headquartered in Chennai,
India. The company manufactures rubber products including tyres, treads. tubes and conveyor
belts, paints and toys. MRF also runs the MRF Pace Foundation, Chennai and MRF Challenge
in motorsport.
APOLLO
Apollo tyres are in the second position next to MRF tyres in India. They are well known for
decorative tyres manufacturer. Apollo Tyres Ltd is the world 17th biggest tyre manufacturer,
with annual consolidated revenues of Rs. 117.1 billion (US$1.8 billion) in March 2016 I was
founded in 1972. Its first plant was commissioned in Perambra, Thrissur, and Kerala, India.
The company now has four manufacturing units in India, I in Netherlands and Hungary. It has
a network of nearly 5,000 dealerships in India, of which over 2,500 are exclusive outlets. It
gets 69% of its revenues from India. 26% from Europe and 5% from other geographies. Apollo
announced its entry into the two-wheeler tyre segment with contract manufacturing in March
2016.
JK tyres
TOTI CORTAL
JK tyres are in the third position in the Indian market, they are contributing 12% of the exterior
tyres in the Indian market Tyre & Industries Ltd is an Automotive Tyres, Tubes and flaps
manufacturing company based in delhi, India. The name JK is derived from the initials of
Kalapati 18841937 and his father Seth Juggilal 18571922 The company is the market leader in
Truck Bus Radial tire in India and is the only tyre manufacturer offering the entire range of 4-
wheeler radials for Trucks, Buses and Cars. JK Tyre has a worldwide customer base in over 80
countries across all 6 continents. It is a part of J. K. Organization group of Companies. JK Tyre
acquired Mexican tyre major - Tornel in 2008. With production facilities in all 9 planets, total
production capacity is almost 20 million tyres.
The McKinsey 7S Framework
STRATEGY
It refers to a set of actions that company start with and must maintain. It includes integrated
vision and direction of the company in which it desires, communicates and builds a relationship
with implementation of vision and directions the main strategy of the company to provide better
products to their customers through building relationship with the customers and to provide
diversified services.
STRUCTURE
The outline of the managerial arrangement is a basic undertaking of the top administration of
an association. It is similar to the skeleton to the entire association. Association structure
alludes to the generally more study hierarchical plans and connections. It characterizes the
formal relationship among different positions and exercises. Decentralization structure is taken
after the power and obligation is conveyed from the top level to base level administration
through various divisions What's more, every division is responsible to top administration.
STYLE
Style is one of the top management initiates that can be used to bring about Organizational
differs from each other in their styles of working in totalitarian authority style the
administration keeps strict close manage over Employees by keeping close guideline of
approaches and systems provides for the Works. The firm motivates to sharing ideas, and
encourage for good debate of people to Feel good about their environment.
SKILLS
Skills are domain attributes or capabilities that in the organization. It refers to the employees
who are required to achieve the organization objectives. It ensures that people know how to do
their jobs and stay update with the latest techniques. Skills also mean the capabilities as whole.
The special training and development is given to our employees to improve their skills and
knowledge periodically for their career growth.
SYSTEMS
The system plays a vital role as one of the elements of 7s model, it refers to all the stipulated
procedures that assist the functioning of organization structure. Periodically we conduct
meeting on monthly basis with our sales and marketing heads to improve our sales We are
modernizing the procedure by advancement and utilization of new innovations to settle on the
choice making prepare snappier.
STAFF
SRI KRISHNA TYRES pvt extraordinary emphasis on recruiting the skilled employees or
staff, and they provide extraordinary training with the support of the mentor to achieve their
goals in a professional manner Incentives and other benefits are provided to the staff with good
working environment to keep our staff happy and confidence among the employees about their
future growth in the organization.
SHARED VALUES
The shared values are one of the growth of the organization without having any discrimination.
Adequate delegation, right intent (idea), commitment, and execution are the mission of the
company.
Innovative all employees and building culture.
Quality management through performance.
Core values and ethics in being imported to the employees.
CEAT wins Gold at the EFFIE Awards 2011 for Be Idiot safe Campaign.
CEAT wins Cause Marketer of the year award at CNBC Awaaz Consumer Awards
2011.
CEAT wins awards for Employer Branding and Best HR Practices for 2010.
CEAT receives Reader's Digest Trusted Brand Gold Award for 2009.
The 2007-08 Raid de Himalayas 2-wheeler Rally was won on CEAT Tyres.
CEAT was the no l in exports amongst all tyre companies in India... Source
ATMA Report 2007-08.
From a 2-wheeler tyre to a Car Tyre to a Giant OTR Tyre, CEAT makes the entire
Range of Tyres.
CEAT won the Employer Branding Award for "Excellence in Training 2007-08
(Awards by the Asia Pacific HR congress)
CEAT has adopted a village "Tirad Seth", near Nasik as part of its CSR activities
NETRANJALI
Netranjali, the Flagship Programmed was launched in 2014-15. to work towards the cause of
preventing avoidable blindness in India. This is a key need is India has the world's largest blind
population with 80% of cases of blindness being preventable with early stage interventions.
Eye health check-up camps under Project Netranjali reached out to 150 - 200 beneficiaries per
camp, covering a total of 10,000 Individuals across different schools & slum communities in
Bhandup, Navi Mumbai, Worli Halol. Three different target groups were covered in the
Netranjali Camps school children, slum community/elderly & Truckers.
SWAYAM
The Pehlay Akshar program addresses the social need gap by imparting practical English
fluency, both spoken and read, to children thereby empowering them for future employability.
It is operating in 14 Government schools in Bhandup, Nasik and Halol reaching out to 1232
students.
JEEVAN
SAKSHAM
A multi skill development program focusing on alternative livelihoods training for women in
tailoring, nursing and patient care assistance and mobile repairing and other Technical skills
for youth Project Saksham being implemented in the local communities of our plant locations
in Bhandup Nashik and Halal.
SWOT ANALYSIS
STRENGTH
OPPORTUNITIES
THREATS
• BANGALORE
• Chikmagalur
Delhi
%D Kerala
CHAPTER 3
DESIGN
LITERATURE REVIEW:
According to Devendra Chawla "CEO Food Bazaar (Nov 5, 2014). in his
article differentiated that consumer behavior of recent trend and past few
decade of consumer behavior. In this article Mr. Devendra Chawla has
explained about the drastic changes between the consumers and their behavior
as a decade ago. In this article he has given many live examples which are
happening in the current trend. By this study we can unstated that clients look
up to create a new style, te prefers to create their own sense of style. The
young generation combines the brands which allow to get the self-expose.
And they aware of their requirements, choices, alternatives and the new
brands which are available in the market.
According to Sawant" (2012) Brand is an important aspect to the consumers
while making the purchase result. The client will believe the monetary
principles while buy to make happy their needs by comparing the other brands
or readily available brand The customer's consideration will be different from
one to another. The consumers may also be able to switch to other brands or
competitors brand in case of dissatisfaction with the used or existing brand. So
the customers always expect the experience what they had in the previous
purchase
According to Helen Edwards"(Jun 22, 201D In his article states that due to
the INERTIA if there is a delay in the work or to get service also the
customers won't switch to other service. Because strong feeling in the
consumer behavior is particularly what will keep you where you are. To avoid
these kind of delay in the UK bank try to make beautiful trade atmospheres
where the manufactured goods happen to be finance Buildings are known as
store, and are open for 7 days a week. The process is so quick that the
economic account can be generate within 14 min after actual process starts,even the credit cards
and pin numbers can provide within 15 min. this is
mainly to reduce queues and waiting time, and the store has a counting of
coins by using machines, so trader don't hold up everybody at the back them
with their plenty of small modify
According to Craig Herman From this article the clients decide more
quickly from the options that they include one identified brand than they
choose with a set which includes only unknown ones. Creating brand
awareness in the customers mind and being the first among the competitors
brand is important and it is difficult
"Sharma and Pathan (2010 stated that the age and the gender does not
make much distinction in the opinion of a shopper while choosing a brand
The purchase decision of the consumer's largely depends on the value of the
brand in financial terms as well as the location it enjoy in the mind of the
public
According to Survey report (Oct 28, 2014) says that the customers are with
the company due to the good service they are getting from the company, and
this is continuing in India The customers are much concern about the service
what they will get after ales. This is the task of the company to see through
that customers are happy with company
Why products and services, because these the company can grow
"Jahun Anselmsson" (2006: study is based on the customer satisfaction who
visits the malls. That is the taste and preferences of the customers who visit the
shopping malls. By this study it found that there are eight important factors
which influence customers to buy and which leads customer satisfaction
Those are selection, atmosphere, convince, refreshments. place and
promotional behavior and merchanding policy
memory
NEED FOR THE STUDY:
The general reason of research is to regulate Brand awareness of CEAT tyres
products. The study will reveal how company wants to aware on the brand and how it
is recognize by its clients. This result of research will help the company to design
appropriate strategies if the difference is more in what company wants and what it is
at present. The study will also help the company to find their strengths, weaknesses
which are under its control addition to this it will also determine opportunities
available in the market and the threats in faces from its competitors which are
external to it The research will give valuable input to the management regards
dimensions like price, quality, service, durability, packaging etc. It will help the
company to find awareness level of its brand and adopt suitable promotion.
advertisement, publicity policies to market it there products, Thus this will benefit the
company to formulation long term strategies
OBJECTIVES OF THE STUDY
To explore the strategies and tools used by CEAT tyres to create brand
CEAT tyres
SCOPE OF THE STUDY:
This study helps to know about the brand awareness and its impact on
consumer buying behavior which is limited only for Bangalore Plant. This
study helps to analyze the brand awareness in the consumers mind. This
also helps to identify the factors that influence on customer buying conduct of
Due to privacy of some sequence correct reply was not exposed by some of
the repliers.
RESEARCH METHODOLOGY
Data Sources
Primary Data: Gathered from the Metro trade and bring clients out
Bangalore city through an all-around composed survey
Collection Tools
The following tools were used to collect the data for the study
Questionnaire
A structured questionnaire was used to collect the primary data. Respondents were
asked to fill the questionnaire, consisting of close ended questions.
Sampling technique
Convenient sampling technique used to select the respondents.
Sample size
100 samples were taken for the study
Plan of analysis
After the collection of primary data the questionnaires were scrutinized and tabulated
manually. An appropriate statistical technique was also employed to draw the results
CMR INSTITUTE OF MANAGEMENT STUDIES
Page 22
100 respondents were decided for the study utilizing Probability examining
* The sample size of 100 was pre-decided by the Assistant Manager for convenience
purposes.
The questionnaire consisted mostly of close-ended questions only one open-end
question was used where the respondents could give an opinion suggestion in
their own words
The results were analyzed using Microsoft Excel statistical tool
CHAPTER 4
DATA ANALYSIS AND INTERPRETATION
Strongly agree
05
24
Agree
Neutral
11
40%
20
20
40
20%
Disagree
11%
Strongly Disagree
24
15%
Graph NO 4,LI
40%
40%
24%
20%
20N
13
2
3
Analysis: From the table information is analyzed that out of 100 respondents 24%
strongly agreed, 40% agreed, 20% neutral. Il disagreed and 5% strongly disagreed
that CEAT tyres is a well-established brand in the market.
INTERPRETATION: From the analysis it is clear that the brand awareness program
a CEAT tyres is average. The most people responded as agreed and next strongly
agreed. So that the brand awareness of CEAT tyres is average in the market. The
company can put more efforts to create the brand still more effective by promotional
activities or brand awareness programs
Page 24
TABLE NO 4.1.2
Strategies used by the CEAT tyres was effective to create brand awareness
Respondent
Particulars
Percentage
Strongly agree
02
17%
Agree
Neutral
11
47
24
24
47%
24%
Disagree
Strongly Disagree
10%
17
2%
Graph 4
awareness
60
40
20
10
11
Analysis From the above table it can be analyzed that 17% strongly agreed. 47%
agreed, 24% neutral, 10% disagree, and 2% strongly disagreed that strategies used by
the CEAT tyres was effective to create brand awareness
INTERPRETATION: From the above analysis it can be interpreted that the strategy
used by the CEAT tyres to create brand awareness is successful to many people
responded as agree. Since there is a majority of neutral as compared to strongly
agreed, still the response from the people is Agree It tells that the strategy used by
the company is successful in creating the brand awareness. But the company should
execute new strategy to get the neutral customers as agreed
CMR
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TABLE NO 4.13
CEAT tyres products has tough competition for other brands
Particulars
Respondents
Percentage
Strongly agree
04
24%
Agree
14
28%
Neutral
30
30%
Disagree
28
14%
Strongly Disagree
24
4%
Graph 4.1.3:
CEAT tyres products has tough competition for other brands
Strongly
agree
Strongly Disagree
4%
Agree
24%
14%
Analysis: From the above table it is analyzed that 24% strongly agreed, 28% agreed.
30% neutral, 14% disagree, and 4% strongly disagreed that the CEAT tyres products
has tough competition for other brands or competitors' products.
INTERPRETATION: From the above analysis it sound that since they are mainly
concentrating on the brand awareness programs, they are not as much tough
competitors to the other brands. But still their brand programs are doing well it
cleared that the CEAT tyres should give tough competition to the competitors in a
few years
Page 26
TABLE NO 4.14
CEAT tyres products can be recommended to others
Particulars
Respondents
Percentage
Strongly agree
04
19%
Agree
10
38%
Neutral
29
29%
Disagree
38
10%
Strongly Disagree
19
4%
Graph 4.1.4:
CEAT tyres products can be recommended to others
Strongly Disagree
Strongly
Agree Agree
10%
19%
Natural
29
Disagree
Analysis: From the above table it is analyzed that 19% strongly agreed, 38% agreed,
29 neutral, 10% disagree, and 4% strongly disagreed that the CEAT tyres products
can be recommended to others
INTERPRETATION: From the above analysis it is clearly shows that the 38
peoples responded as agreed it tells that the products of the CEAT tyres are good and
the products can be recommended to others.
Page 27
TABLE NO 4.2.1
Promotional strategies used by the CEAT tyres are effective in the market
Particulars
Respondents Percentage
Strongly agree
10
20%
Agree
35%
Neutral
26
Disagree
35
26%
9%
Strongly Disagree
20
10%
Graph 4.2.1:
Promotional strategies used by the CEAT tyres are effective in the market
20%
10%
Analysis: From the above table it is analyzed that 20% strongly agreed, 35% agreed,
26% neutral, 9% disagree, and 10% strongly disagreed that Promotional strategies
used by the CEAT tyres are effective in the market
INTERPRETATION: From the above analysis it can be interpret that out of 100
response 35% responded as strongly agree, by this we can analyze that the
promotional strategies used by the Apollo paints are effective in the market. CEAT
tyres understand that the sales will increase by the promotions
Page 28
TABLE NO 4.22
A CEAT Tyre Product offers are attractive and makes the customer to purchase
the product
Particulars
Respondents Percentage
Strongly agree
05
15%
Agree
30%
40%.
40%
10
30
Neutral
Disagree
40
10%
Strongly Disagree
15
Graph 4.2.2:A CEAT Tyre Product offers are attractive and makes the customer
to purchase the product
30%
40%
10%
1 23
Analysis From the above table it is analyzed that 15% strongly agreed, 30% agreed.
40% neutral 10% disagree, and $% strongly disagreed that CEAT tyres product
offers are attractive and make the customers to purchase the product
INTERPRETATION: From the above analysis it is clear that since they are
incurring the money in brand awareness and promotional programs they are unable to
provide the offers what as much the customers expectation. The customers are not
happy with the offers provided by the
CMR
CMR INSTITUTE OF MANAGEMENT STUDIES
Page 29
TABLE NO 4.2.3
Complementary offers will attract the customer to go for purchase of the
product
Partienlars
Respondents Percentage
Strongly agree
03
18%
Agree
19
40%
Neutral
20
20%
Disagree
40
19%
Strongly Disagree
18
3%
50%
18%
20%
99%
123 4 SE 1 8
10
Analysis: From the above table it is analyzed that 18% strongly agreed, 40% agreed,
20% neutral, 19% disagree, and 3% strongly disagreed that complementary offers
will attract the customer to go for purchase of the product
INTERPRETATION: From the above analysis it found that the customers will
attract for the complementary offers. The reason behind this is fulfillment with low
cost, ie customer need not to pay for the complementary products
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TABLE.NO 4,24
Advertisements are carried out well in CEAT tyres
Particulars
Respondents
Percentage
Strongly agree
05
Agree
20
35%
Neutral
19
19%
Disagree
35
20%
Strongly Disagree
21
3%
Graph 4.2.41
Advertisements are carried out well in CEAT tyres
35%
21%
19
20%
NE
10
11
Analysis: From the above table it is analyzed that 21% strongly agreed, 35% agreed
19% neutral, 20% disagree, and 3% strongly disagreed that Advertisements are varied
out well in the CEAT tyres.
INTERPRETATION: From the above analysis it is clear that since the aim of the
Company is to get more customers which are results in more profit to the company is
concentrating on the advertisements and they are carrying well
CMR CMR INSTITUTE OF MANAGEMENT STUDIES
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CHAPTER 5
FINDINGS, SUGGESTIONS AND CONCLUSION
FINDINGS
was found that the products and services of CEAT tyres dose what it claims,
customers are happy with the CEAT tyres product because
claims.
It was found that CEAT Tyres stresses more on quality they never conciliation
retailers ete. their reach for the public has remained low. Due to this the
people are unaware of the brand se established
Since CEAT tyres are not into any Brand awareness progratis many
customers were not able to recognize the brand name CEAT tyres.
>It was found that the customers are expecting for the complementary products
in CEAT tyres.
No huge efforts on creation of brand, so implementing new strategies or
revising them may also bring a huge change in the organization
CEAT tyres pricing strategies are accepted by their customers, where majority
of the customers are satisfied and some of them are not so pricing strategies
have no defect in CEAT tyres as they reflect quality
CEAT tyres have many features in their product and this is one of them which
do not impact negatively on the environment, eco green products ete
It was found that outlet people are not promoting CEAT products in the
market. This is may be the other competitors have good brand in the market
It was found that celebrities promotions influence more while purchasing of
the products.
CONCLUSION
CHAT IS company doing good in the medium scale industries . SME sector.
Some of the records are not maintained properly and computerized company should
computer R&D department to maintain all the records and data appropriately
The best thing in the company is that it would never compromise with the quality
standards which are the main factor for any company for the future growth. The best
quality products are manufactured in the company. The company is ISO 9001-2000
certified reputed company which shows the quality standards
Apollo Paints is also a manufacturer of ECO friendly products Le. with low viscosity
and and free tyres. Company has a good infrastructure with equipped machineries
NE technologies, innovative ideas and strategies are followed for the growth of the
company
ADVertising campaign and sales promotion activities are completely absent and might
drawback R&D department is also good which always carries innovative
heures and come up with new products
SUGGESTIONS
CMR
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BIBLIOGRAPHY
BOOKS REFERED: