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SHRI RAMSWAROOP COLLEGE OF

ENGINEERING AND MANAGEMENT


LUCKNOW

MINI PROJECT
(KMBN152)
ON

“Digital Portable Tyre”


SUBMITTED IN PARTIAL FULFILLMENT OF REQUIRMENT FOR THE AWARD
OF DEGREE OF
MASTER OF BUSINESS ADMINISTRATION
TO
DR A P J ABDUL KALAM TECHNICAL UNIVERSITY, LUCKNOW
FOR THE SESSION
2022-23
UNDER THE GUIDANCE OF: SUBMITTED BY:

Ms Sidra Iram Ujjwal Kumar Singh


Department of Management MBA 1st Semester
SRMCEM, LUCKNOW SRMCEM, LUCKNOW
TO WHOM SO EVER IT MAY CONCERN

This is to certify that UJJWAL KUMAR SINGH, student


of MBA 1ST Semester, of “SHRI RAMSWAROOP
COLLEGE OF ENGINEERING AND MANAGEMENT
LUCKNOW, has successfully completed His/her MINI
Project Report on the topic Digital Portable Tyre.

Dr. Shailesh Tandon


Prof & HOD
(Project Guide)
(Department of Management)

SRMCEM, LUCKNOW MBA DEPARTMENT i


DEPARTMENT OF MANAGEMENT
SRMCEM

DECLARATION
I hereby declare that the mini project report entitled “Digital Portable Tyre

submitted by me in the partial fulfillment of the requirements for the award of the

degree of Master of Business Administration of Dr. A. P. J. Abdul Kalam Technical

University, is a record of my own work carried under the supervision and guidance

of MS SIDRA IRAM..

To the best of my knowledge this project has earlier not been submitted to Dr. A. P.

J. Abdul Kalam Technical University or any other University or Institute for the

award of any degree.

Name of Student: UJJWAL KUMAR SINGH.

MBA 1st semester

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ACKNOWLEDGEMENT

It would be insufficient just to say “word of thanks” for all those people who have

been so instrumental in the success of this project. However, as a small token of my

appreciation I have named here all those wonderful people, without whom all this

would not have been possible.

I would love to specific my deep feel of gratitude to the respectable Prof. Dr.

Shailesh Tandon (Head of Department of MBA Department, SRMCEM,

Lucknow) personalities for their precious suggestions and encouragement during

the project.

I express my gratitude to all the library staff of SRMCEM, Lucknow.

Close to my heart is the support of my dear Colleagues, family and friends. They

were always there for me with their wise counsel and sympathetic ear. I could not

have done any of this without you all. Thank you once again.

UJJWAL KUMAR SINGH

SRMCEM, LUCKNOW MBA DEPARTMENT iii


PREFACE

It was a privilege for me to work in a reputed organization. This has given us an

opportunity to work in a truly professional environment where team work score

over individual effort, where there is a helpful atmosphere. A well planned,

properly executed and evaluated training helps a lot in inoculating good work

culture. The project on “Digital Portable Tyre” has been made to facilitate

effective understanding about the marketing aspects.

The project training has provided me an opportunity to gain practical experience,

which has helped me to increase my sphere of knowledge to a greater extent. I have

tried to summarize all our experience and knowledge acquired up till now, in this

report. This project is a keen effort to obtain the expected results and fulfill all the

information required.

UJJWAL KUMAR SINGH

SRMCEM, LUCKNOW MBA DEPARTMENT iv


TABLE OF CONTENT
Certificate ii

Declaration iii

Acknowledgement iv

Preface v

Sl. No. Contents Page No.

1. Introduction 1

2. Company Profile 28

3. Objectives of the study 44

4. Research Methodology 46

5. Data Analysis & Interpretations 50

6. Findings 64

7. Recommendation 66

8. Conclusion 68

9. Limitations 70
10. Bibliography 72

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INTRODUCTION

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INTRODUCTION

Growth of Automotive Sector to Bolster the Tyre Industry in India

Tyres are one of the most significant parts of an automotive. They

support the weight of the vehicle, absorb shock from the road surface,

and change or maintain a direction. They are primarily used in the

automotive industry, one of the rapidly flourishing industries in India.

According to Invest India, India is expected to become the world’s third-

largest automotive market by 2026. The surging production of

automobiles is increasing the demand for tyres and aiding the growth of

the tyre industry. The escalating export activities of vehicles such as

tractors, buses, heavy trucks, and cars are also propelling the market

growth. Moreover, the focus on increasing production by the Indian

government and the favourable government schemes are augmenting the

market growth. Government schemes such as Atmanirbhar Bharat

Abhiyan- Self Reliant India provides an economic and compressive

package of INR 51,000 crores to promote manufacturing of the

automotive in the country, further fuelling the tyre industry.

Additionally, the flourishing car industry is driving the market growth.

The growth in gross domestic products (GDP) and growing demand for

cars are accelerating the market growth. India is one of the leading

markets of tyre.  The increase in domestic automobile sales in the

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country is also propelling the market growth. The increasing

infrastructure industry is aiding the market growth. The emerging

middle class with improved living standards has augmented the market

for cars and two-wheelers, further facilitating the market growth.

Besides, the increasing demand for vehicles in rural areas is also

positively impacting the market. Moreover, the production of tyres, even

in the most remote part of the country, is propelling the industry. The

huge market for two-wheelers in India leads to the increasing production

of tyres domestically, consequently invigorating the market growth.

Tyre: Market Segmentation

A tyre is a thick circular piece of rubber that is fitted in vehicles and

comes in contact with the ground. They are filled with compressed air

and are used in a variety of automobiles, from bicycles to aeroplanes.

Tyres determine the efficiency of the fuel against friction and maintain

steering and directional control.

Based on vehicle type, the market can be divided into:

 Passenger Car

 Light Commercial Vehicle

 Medium and Heavy Commercial Vehicle

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 Two Wheelers and Three Wheelers

 Off Road

 Others

The market can be broadly categorised on the basis of its design

into:

 Radial

 Bias

Based on the type, the market is bifurcated into:

 Tube Tyres

 Tubeless Tyres

On the basis of the distribution channel, the market is segmented

into:

 OEMs

 Replacement

The market, on the basis of the tyre size, is classified into:

 Small

 Medium

 Large

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The significant price segments of the tyre industry are:

 Low

 Medium

 High

The EMR report looks into the regional markets of tyres in India for the

North Region, East and Central Region, South Region, and West

Region.

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Rising Production of Automobiles to Aid the Market Growth

The Indian tyre industry is being driven by the surging production of

tyres for export and domestic sales. Moreover, the increasing ownership

of vehicles due to rapid urbanisation and the emergence of the middle

class aids the tyre industry. Additionally, the surging demand for tyres

for trucks and buses owing to the rising mobility and industrialisation is

also boosting the market growth. The government initiative to provide

INR 18,000 crores to augment the public bus transport service is

expected to augment the market growth. Besides, the imposition on the

restriction of import of pneumatic tyres, used in station wagons, racing

cars, scooters, and bicycles, among others, by the Indian government in

June 2020 is also aiding the production of tyres in the country, further

bolstering the market. The reduced production cost and the cheap labour

rates in the production of tyres are invigorating the market growth.

Further, the availability of natural rubbers and other raw materials at

internationally competitive prices is supporting the market growth.

The rising construction industry due to overpopulation and urbanisation

is accelerating the demand for construction vehicles, which is further

propelling the market growth. Additionally, the development of a

tubeless tyre that does not require a separate air tube inside it and

improves the performance of the vehicle by improving the

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manoeuvrability and handling is propelling the market growth. Research

and development (R&D) and the launch of advanced and eco-friendly

tyres also aid the market growth for tyres. The development of

renewable and 3-D printed tyres due to the advancing research in

sustainable mobility lubricates the market growth. Other developments

such as the automatic sealing of punctures and reduction of the interior

vehicle noise will further catalyse the market growth in the forecast

period. The development of sustainable and eco-friendly tyre aids the

market growth. Future advancements like the development of chip-in

tyre, self-inflating tyre, and fossil-free tyre, along with the twin air

chamber and tall and narrow design are expected to further invigorate

the market for tyre.

Key Industry Players in the India Tyre Market

The report presents a detailed analysis of the following key players in

the India tyre market, looking into their capacity, market shares, and

latest developments like capacity expansions, plant turnarounds, and

mergers and acquisitions:

 MRF Limited

 Apollo Tyres Limited

 CEAT Limited

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 JK Tyre & Industries Ltd

 Balkrishna Industries Limited (BKT)

 TVS Srichakra Limited

 The Goodyear Tyre & Rubber Company.

 Bridgestone Corporation

 Continental Tyre Group Limited

 Metro Tyre

 Others

The comprehensive report looks into the macro and micro aspects of the

industry. The EMR report gives an in-depth insight into the market by

providing a SWOT analysis as well as an analysis of Porter’s Five

Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS

Base Year 2022

Historical Period 2018-2022

Forecast Period 2023-2028

Scope of the Report Historical and Forecast Trends, Industry

Drivers and Constraints, Historical and

Forecast Market Analysis by Segment:

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 Vehicle Type

 Design

 Type

 Tyre Size

 Price Segments

 Distribution Channels

 Region

Breakup by Vehicle Type  Passenger Car

 Light Commercial Vehicle

 Medium and Heavy Commercial Vehicle

 Two Wheelers and Three Wheelers

 Off Road

 Others

Breakup by Design  Radial

 Bias

Breakup by Type  Tube Tyres

 Tubeless Tyres

Breakup by Tyre Size  Small

 Medium

 Large

Breakup by Price  Low

Segment  Medium

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 High

Breakup by Distribution  OEMs

Channel  Replacement

Breakup by Region  North America

o United States of America 

o Canada

 Europe

o United Kingdom

o Germany

o France

o Italy

o Others

 Asia Pacific

o China

o Japan

o India

o ASEAN

o Australia

o Others

 Latin America

o Brazil

o Argentina

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o Mexico

o Others

 Middle East and Africa

o Saudi Arabia

o United Arab Emirates

o Nigeria

o South Africa

o Others

Market Dynamics  SWOT

 Porter's Five Forces

 Key Indicators for Demand

 Key Indicators for Price

Trade Data Analysis  Major Exporting Countries

o By Value

o By Volume

 Major Importing Countries

o By Value

o By Volume

Competitive Landscape  Market Structure

 Company Profiles

o Company Overview

o Product Portfolio

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o Demographic Reach and

Achievements

o Certifications

Companies Covered  MRF Limited

 Apollo Tyres Limited

 CEAT Limited

 JK Tyre & Industries Ltd

 Balkrishna Industries Limited (BKT)

 TVS Srichakra Limited

 The Goodyear Tyre & Rubber Company.

 Bridgestone Corporation

 Continental Tyre Group Limited

 Metro Tyre

 Others

*At Expert Market Research, we strive to always give you current and

accurate information. The numbers depicted in the description are

indicative and may differ from the actual numbers in the final EMR

report.

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Global Tyre Industry Turnover

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Distribution of top 75 tyre companies globally

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An Overview
Key Figures :
No. of Tyre Companies: 41

No. of Tyre Plants: 66

Industry Turnover 2020-21 (est.): Rs 60000 crore (US$ 8.5 Bn)

Exports 2020-21 (est.): Rs. 14101 crore (US$ 1.9 Bn)

Policy Environment:

 All categories of tyres can be exported freely.

 Select categories of tyres are under Restricted List (Import

permitted against a Licence). No WTO Bound Rates for tyres and

tubes

 Imports of Second hand/Retreaded tyres (major categories) is

restricted under EXIM Policy and can be done against an import

licence.

 Tyres imports under Regional Trade Agreements (Asia Pacific

Trade Agreement, Indo-Sri Lanka, SAFTA, India-Singapore,

ASEAN, India-Malaysia etc) allowed at preferential rates of import

duty.

 All tyre industry related raw-materials can be imported freely

(under OGL).

 Tyre Industry delicensed in September, 1989.

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 Natural Rubber (NR) principal raw material of Tyre Industry, is in

the ‘Negative List` (i.e. not eligible for any concession in Custom

duty) under various Trade Agreements, i.e. India ASEAN Free Trade

Agreement, India Sri Lanka Free Trade Agreement, South Asian

Free Trade Agreement (SAFTA), India Malaysia Comprehensive

Economic Cooperation Agreement (CECA), India-Singapore

Comprehensive Economic Cooperation Agreement and India-South

Korea Comprehensive Economic Partnership Agreement (CEPA).

“MARKETTING JOB IS TO CONVERT SOCIETAL NEEDS IN

TO PROFITABLE OPPORTUNITIES”.

Definition of marketing as follows

“Marketing is a social managerial process by which individuals and

group obtain what the need and want through creating. Offering and

exchanging products of value with others”.

This definition of marketing rests on the following core concepts needs,

wants and elements, products (goods, services and ideas); value cost and

satisfaction exchange and transactions, relationships and networks,

markets and marketers and prospects.

THE MAKETING CONCEPT

“ The marketing concept hold that key to achieving organizations goals

consists of being more effective than competitor in integrating more

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effective then competitive in integrating marketing activities towards

determining and satisfying the needs and wants of target markets”.

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Indian tyre industry is booming, especially in the last decade or so, a

number of tyre companies have started operating in the Indian tyre

market. These include foreign stalwarts like Goodyear, Michelin, etc. as

well as trusted Indian giants such as Apollo, Digital Portable Tyres,

MRF to name a few. We thought to compile a list of top notch tyre

companies operating in India.

1. Apollo Tyres –

Established in 1972, Apollo is one of the biggest companies in India

having a market share of 62.6% (tyre sales revenue) in India. They have

sold Rs. 117.1 billion in the financial year 2016, having a net profit of

Rs. 10.93 bn. The year 2016 saw Apollo tyres maintain its leadership

position in Truck and Bus segments. The company’s robust and quality

portfolio ensured that it leads the market with over 25% market share.

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This year the company introduced  XT-7 Gold HD, a new bias truck tyre

with improved durability for moderate to high load applications. It has

4,900 dealers approx. across India.

2. JK and Industries Limited –

Based in Delhi, it was formed in 1974, and soon established itself as the

market leader in Truck/Bus Radial Tyre segment in India and is the only

tyre manufacturer offering the entire range of 4 wheeler radials for

trucks, buses and cars. Digital Portable Tyres states itself as ‘The

Badshah of radial tyres on Indian roads’ with more than 3-million truck

and bus radial tyres on Indian roads. It is also India’s No. 1 truck and

bus radial tyres manufacturer. It has been awarded as a Superbrand for

the year 2013-2014. The group also received the ‘Brand of the Year’

Award in 2015 at World Branding Awards held in London. It has

exports of INR 581 crores (2016).

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3. MRF Tyres Ltd –

Madras Rubber Factory, was created in 1946, and is a multi-national

company and the largest manufacturer of tyres currently in India. The

company is advanced in terms of technology with its world-class

facilities. For the 12th time in the last 16 years, it has been ranked as

India’s No 1 tyre manufacturer in the customer satisfaction in the J D

Power Asia Pacific 2016 India Original Tyre Satisfaction Study for

Passenger cars for SUVs and Passenger cars.

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4. CEAT Ltd. –

Established in 1958, and a flagship company of RPG Enterprises. It is

one of the India’s leading tyre maker with a capacity of rolling out more

than 95,000 tyres per day. Its major market share is in the light truck and

truck tyre market segment. The company’s major share of its export

sales comes from Middles East (29%). In 2015 the Net Sales in INR was

5, 75,477 lacs (CEAT Annual Report 2014-15).

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5. Balkrishna Industries Ltd. –

The company is currently an OEM vendor for the heavy equipment

manufacturers like JCB company, John Deere and CNH Industrial.

Balakrishna Industries Ltd has developed into a global player and

currently enjoying 6% market share of the global “off the road tyre

segment”. In 2013, it was also ranked as 41st among the world’s tyre

makers. The company is known for its good services and durable tyres.

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6. TVS Srichakra Ltd. –

The TVS group is one of India’s largest industrial conglomerates and

TVS Sundaram Iyengar and Sons Ltd. (TVS & Sons) is its parent and

holding company. TVS Srichakra is one of the leading two and three-

wheeler tyres manufacturing company. Set up in 1911, the company has

been rolling more than 11 million tyres a year. They are recognised as

the largest manufacturer of industrial pneumatic tyres, farm and

implements tyres, multipurpose tyres. Gross income – INR 2,082 crores

(2016 estimates).

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7. Goodyear India Limited –

Parent organisation, Goodyear Tyre and Rubber Company (Global

Name) was founded in 1898, with headquarters at Ohio (USA), they

went on achieving heights in tyre manufacturing claiming World’s first

Detachable tyre and the Mass-produced Car i.e. the Model T-Ford. They

are also engaged in manufacturing of tyres for different products such as

Automobiles, Trucks, Racing Cars, Airplanes, Farm Equipment and

Heavy Earth-Mover Machinery. The company has facilities across 6

continents and annual sales of more than $16 bn. The sales performance

during the Financial Year 2015-2016 for tyres was INR 1, 78,223 Lakhs.

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8. Govind Rubber Ltd. –

It is a global name for a range of world-class bicycle tyres. Founded by

late Mr. M.P. Poddar in 1964, their inception was laid with a motto of

creating durable and reliable tyres for the (then) nascent Indian bicycle

industry.

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9. PTL Enterprises Ltd. –

It was incorporated as a company in 1959. It became an associate

company of Apollo tyres ltd (ATL) in 1995. They have a plant in Kerala

and are manufacturing tyres since 1962, as of today that plant is on lease

to Apollo Tyres on a long-term basis. PTL Enterprises is listed on

Bombay and Cochin stock exchanges and has over 7,000 shareholders.

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10. Falken Tyre India Pvt. Ltd. –

It is a joint venture of Japan-based Sumitomo Rubber Asia Pvt. Ltd. and

Singapore-based Stamford Tyres Corporation Ltd. Launched in Japan in

1983, and later introduced itself in North America, the headquarters of

Falken are based out of California. Now after 34-years, Falken

has globally become a well-known brand that focuses on Ultra-High

Performance products as well as valued lines in Light Truck,

Commercial Medium Truck and Bus Radial Tyres while utilizing

professional motorsports to further develop and improve products for

worldwide distribution. Sumitomo, the parent unit of Falken, is the

world’s 6th largest tyre maker, and the product range of Falken matches

very well with the company’s global standards. In India, the company

sells passenger car and SUV radial tyres.

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PRODUCT PROFILE

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What Is A Digital Portable Tyre ?

A Digital Portable Tyre Is a Tyre which can be installed immediately with help
of the installing Kit and can be used as an temporary solution in case of
emergency

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Market drivers: India

• Robust growth rate in all vehicular segments over last 5 years

• Improved capacity utilization by all major manufacturers(>80%)

• Decrease in custom and excise duties to nullify increase in raw

Material costs and increases OPM

• Low labour cost : partially offset by low productivity

• Improved credit profile and loan serviceability

Market challenges: India

• The Radicalization challenge- Radial vs. Cross ply Tyres

Global average- 65% India -2%

Why use Radial tyres?

Positives Negatives

Longer life -100,000 kms Comparatively Higher Cost

Better fuel efficiency – 5 to 8% marginally poorer overloading

Lower aspect ratio- Better control

• Other challenges –Poor roads

Misperception that they are unsuited for India

Difficulty to integrate in old vehicles

Lack of radial manufacturing capabilities

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Scope and challenges

• Industry poised for a very good growth rate

• More J.V’s with world market leaders- better technical

Know-how and quality

• Growth in automobile sector – cumulative effect on

Tyre industry

• Increasing trend in capacity utilization – better output

• New and uncharted territories as export markets.

• Increasing productivity – both labour and machinery

• Competition from other developing markets

• Increasing raw material costs – will effect OPM

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SPECIFICATIONS OF CORPORATE IDENTITY

1) Showroom must be situated in a place which should have easy connectivity.

2) Show room must have the length of 500 sq.ft.

3) Frontage of 20 feet connected with gowdon of minimum 200 sq.ft.

4) Display of racks, inside & outside showroom colour, display boards, tiles,

reception table, as per the company specifications.

5) Showroom should have automotive tyre fitment machine which must be

placed in the showroom visible to the customers.

6) Company decides monthly sales target, on the basis of population and

number of vehicles. Target goes on renewing and dealer must compulsorily

achieve the target.

7) Company has regional offices, so as to fulfill the needs of a dealer. It also has

employed, technical supervisor, sales supervisors.

DUTIES OF TECHNICAL SUPERVISION:

1) To look after the dealers problems.

2) To facilitate any changes in price of a tyre any improvements, and to inform

the new tyres which are going to introduce in the market.

3) Technical Supervisor is a qualified technical person who actually completed

engineering and got training regarding tyres and tubes specifications.

4) One regional office covers 4 districts. Bagalkot comes under regional office

of Belgaum.

5) Company usually replaces tyres if tyres are found to have minimum of 5%

manufacturing defects.

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DUTIES OF SALES SUPERVISOR:

1) Twice in a month he visits the dealer.

2) Collects information about the customer.

3) Visiting each and every customers and informing them about quality and

price of tyres.

4) He helps the dealer to increase the sales and works with them to achieve the

monthly targets.

DEPARTMENT OF D.D.TYRES, BAGALKOT

To provide better service DD TYRES has made 3 sections. They are as follows.

1) Sales Section

2) Accountant

3) Service station

SALES SECTION

To achieve increased sales DD TYRES has separate sales section. It provides the

quotations and all information regarding the tyres to the customers. Sales section plays

significance role in achieving targets by. It has to provide all information regarding sales

to regional sales supervisor.

ACCOUNT SECTION

It collects all information of transaction and records in systematic manner. It

maintains different account books for different tasks. It also maintains ledgers and

regular balance sheets.

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SERVICE SECTION

This department provides quality service to customers. It fits the tyres in right

position with the help of tyre fitment machine. And it replaces the defective tyres if the

tyres found to be 5% defectives and provides tyre remolding facility to customers in a

less price.

FUNCTIONS OF THE SHOW ROOM

I) Customer Visit: Customer care supervisor attends the customer and gives

information regarding :

a) Model

b) Size

c) Price

d) Quality

e) Other information about tyres.

II) Complaint of tyres: Complaints are taken from the customer recorded in

the dockets like serial number, name of customer, contact number, date of

purchase and purchase bill.

III) If any car radial tyres purchased from the showrooms, then the tyres will

be fitted in the showroom with the help of automate tyre changer.

IV) Dealer has to pay from his own pocket for any promotional activities

undertaken by him.

V) It collects information regarding to tyre users and sends it to regional

office.

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DISRTIBUTION CHANNEL: The company has vertical marketing

system. The structure of the marketing system .

FACTORY

REGIONAL OFFICE

DEALERS
( D.D.TYRE)
Main Dealer

CUSTOMER

It involves the distribution of tyres and tubes purchased from the company. The

showroom makes the purchase of tubes and tyres. For the Belgaum regional office, and

distributes tyres and tubes to the customer through the show room.

The D.D. Show room stands at the Dealers stage in the network of distribution. It

performs the operations according to the policies of the company.

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OBJECTIVES
OF

THE STUDY

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OBJECTIVES OF THIS STUDY

1. To know the customer satisfaction towards Digital Portable Tyre in Lucknow

city.

2. To know the attributes which creates customer satisfaction among Digital

Portable Tyre users in Lucknow.

3. To know the satisfaction level of the customer with the Digital Portable Tyre.

4. To know valuable suggestion from the customer.

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RESEARCH
METHODOLOGY

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RESEARCH METHODOLOGY

Research is a systematic and continues method of defining a problem, collecting the

facts and analyzing them, reaching conclusion forming generalizations.

The systematic and objective identification, collection, analysis, dissemination, and

use of information for the purpose of assisting management in decision making

related to the identification related to solution to problems and opportunities

Marketing Research is the function that links the customer, consumer, and public to

the marketer through information- information used to identify and define marketing

opportunities and problems; generate, refine, and evaluate marketing actions;

monitor marketing performance; and improve understanding of marketing as a

process. The study of research methods provides manager knowledge and skill

needed to solve the problems and meet the challenges of a fast-paced decision-

making environment. Three factors that stimulate an interest of managers in research

study are

 The manager’s increased need for more and better information.

 The availability of increased techniques and tools to meet this need.

 The result information overload if discipline is not employed in the process

 Research methodology is a way to systematically solve the problem. It may be

understood has a science of studying how research is done scientifically. In it we

study the various steps that all generally adopted by a researcher in studying his

research problem along with the logic behind them.

The scope of research methodology is wider than that of research method. Thus

when we talk of research methodology we not only talk of research methods but also

consider the logic behind the method we use in the context of our research study and

explain why we are using a particular method. 

SRMCEM, LUCKNOW MBA DEPARTMENT 47


Digital Portable Tyre
To achieve the stated objective a survey was conducted at Lucknow city regarding

customer “Digital Portable Tyre” provided by show room in Lucknow.

Primary Data:

Primary data is collected by the random sampling method. Here we have randomly

interviewed 100 customers through Questionnaire and personal interview and

collected the primary data.

Secondary Data:

These are generally published sources which have been collected originally for some

other purpose; they are not gathered specially to achieve the objectives of the

particular research project hands but already assembled.

Survey Techniques:

Once the researcher has decided to use survey method for collecting data he has to

make a decision to adopt any one of the following survey techniques.

1. personal interview

2. telephone survey

3. mail survey

Questionnaire

It is the most commonly used instrument in collecting primary data. A questionnaire

consisting of set of questions presented to a respondent for his/her answer. The

questionnaire is very flexible in the sense that there are many ways to ask questions.

SRMCEM, LUCKNOW MBA DEPARTMENT 48


Digital Portable Tyre
Data Collection:

Method used to collect data for the study was through survey. Survey is a systematic

collection of information directly from the respondents; survey was through personal

interview which involves collection of data through face to face communication with

the help of questionnaire.

Method of Sampling:

Lucknow city has a huge population and each person’s opinion cannot be collected.

So the respondents were chosen randomly in Lucknow city.

Sample Size:

Sample size for the study consisted of 100 persons residing in Lucknow city. Among

them only some of them responded and others rejected to respond as they were not

interested.

Sample Unit:

Customer of Tyres showroom and owners of vehicles in Lucknow City.

SRMCEM, LUCKNOW MBA DEPARTMENT 49


Digital Portable Tyre

DATA ANALYSIS
&

INTERPRETATION

SRMCEM, LUCKNOW MBA DEPARTMENT 50


Digital Portable Tyre
DATA ANALYSIS & INTERPRETATION
I have conducted marketing survey on 100 customers to analysis their satisfaction

level, for this purpose I have prepared a questionnaire to collect the information from

them. Among these 100 customers, only some of them responded as per that now we

will see the analysis of the collected data.

1. The following tables shows the factors which motivated the

customer to purchase the “DIGITAL PORTABLE TYRE”

FACTORS CUSTOMERS

Friends 16

Brand Image 18

Advertisement 18

Relatives 16

Self-decision 32

Total 100

SRMCEM, LUCKNOW MBA DEPARTMENT 51


Digital Portable Tyre

0.35
0.3
0.25
0.2 Series2
0.15 31% Series1
0.1 19% 21%
16% 13%
0.05
0 0

Re n t

de s
s
RS

n
e
nd

ag

sio
e

Se ativ
O

m
ie

ci
CT

se
Fr

l
d

rti
FA

an

lf-
ve
Br

Ad

Interpretation:

The above table & graph shows that:

A. 32 customers have purchased Digital Portable Tyre by their own decision.

B. 16 customers have purchased Digital Portable Tyre by their Friends

recommendation.

C. 18 customers have purchased Digital Portable Tyre by its Brand Image.

D. 18 customers have purchased Digital Portable Tyre on the basis of

Advertisement.

E. 16 customers have purchased Digital Portable Tyre on their Relatives

recommendation.

SRMCEM, LUCKNOW MBA DEPARTMENT 52


Digital Portable Tyre
2. The following tables shows the level of satisfaction of customer

need/purpose of purchasing “DIGITAL PORTABLE TYRE”

Fully Satisfied 46

Satisfied 34

Dissatisfied 17

Fully dissatisfied 6

Total 100

Fully
dissatisfied
7%
Dissatisfied
13%
Fully Satisfied
Fully Satisfied
45% Satisfied
Dissatisfied
Fully dissatisfied
Satisfied 35%

Interpretation:
The above graph shows that:

34 % of people are fully satisfied with the purchase of Digital Portable Tyre.

35 % of people are just satisfied with the purchase of Digital Portable Tyre.

17% of people are dissatisfied with the purchase of Digital Portable Tyre.

46% of people are fully satisfied with the purchase of Digital Portable Tyre.

SRMCEM, LUCKNOW MBA DEPARTMENT 53


Digital Portable Tyre
6%As compare to other tyres the “DIGITAL PORTABLE TYRE” are rated as

below.

A) Price of Tyres

Strongly Satisfied 30

Satisfied 32

Not Satisfied 20

Fully Not Satisfied 18

Total 100

Interpretation:
30 % of customers are strongly satisfied with the price of Digital Portable Tyre.

32 % of customers are satisfied with the price of Digital Portable Tyre.

20 % of customers are not satisfied with the price of Digital Portable Tyre.

18% of customers are fully not satisfied with the price of Digital Portable Tyre.

SRMCEM, LUCKNOW MBA DEPARTMENT 54


Digital Portable Tyre
B) Quality Of Tyres:

Strongly Satisfied 46

Satisfied 30

Not Satisfied 16

Fully Not Satisfied 8

Total 100

Interpretation:
46 % of customers are strongly satisfied with quality of the tyres.

30 % of customers are satisfied with quality of the tyres

16 % of customers are not satisfied with quality of the tyres

8% of customers are fully not satisfied with quality of the tyres.

SRMCEM, LUCKNOW MBA DEPARTMENT 55


Digital Portable Tyre
C) Durability of Tyres

Strongly Satisfied 46

Satisfied 32

Not Satisfied 14

Fully Not Satisfied 8

Total 100

Interpretation:
46% of customers are strongly satisfied with durability of tyres

32%of customers are satisfied with durability or tyres

14%of customers are not satisfied with durability or tyres

8%of customers are fully not satisfied with durability of tyres.

SRMCEM, LUCKNOW MBA DEPARTMENT 56


Digital Portable Tyre
D) Performance Of Tyres:

Strongly Satisfied 42

Satisfied 34

Not Satisfied 14

Fully Not Satisfied 10

Total 100

Interpretation:
42%of customers are strongly satisfied with performance of tyres

34% of customers are just satisfied with performance of tyres

14% of customers are not satisfied with performance of tyres

10% of customers are fully not satisfied with performance of tyres

SRMCEM, LUCKNOW MBA DEPARTMENT 57


Digital Portable Tyre

E) Mileage Of Tyres:

Strongly Satisfied 48

Satisfied 30

Not Satisfied 14

Fully Not Satisfied 8

Total 100

Interpretation:
48% of customers are strongly satisfied with the performance of tyres

30% of customers are only just satisfied with the performance of tyres

14% of customers are not satisfied with the performance of tyres

8% of customers are fully not satisfied with the performance of tyres

SRMCEM, LUCKNOW MBA DEPARTMENT 58


Digital Portable Tyre
5) The following tables show the customer opinion about “DIGITAL

PORTABLE TYRE”.

Fully Satisfied 28

Satisfied 42

Not satisfied 16

Fully Not Satisfied 14

Total 100

100% 100%
90%
80%
70%
60%
50%
42% 40%
28% 30%
17% 20%
13%
10%
0%
Fully Satisfied Not Fully Not Total
Satisfied satisfied Satisfied

Interpretation:
As per the above chart it shows the details:
28 % of customers are fully satisfied
42 % of customers are satisfied
16 % of customers are not satisfied
14 % of customers are fully not satisfied

SRMCEM, LUCKNOW MBA DEPARTMENT 59


Digital Portable Tyre
6) The following table’s shows the behaviour of the showroom
people while taking quotations or purchasing the “DIGITAL
PORTABLE TYRE”.
Very Friendly 34

Friendly 44

Not friendly 8

Don’t know 14

Total 100

120%

100% 100%

80%

60%

40% 44%
34%
20%
9% 13%
0%
Very Friendly Not Don’t Total
Friendly friendly know
I

nterpretation:

34 % customer say that the behavior of showroom people while taking quotation or
purchasing. Digital Portable Tyre were very friendly.
44 % customer says that the behavior of showroom people were friendly
8 % customer says the behavior of showroom people not friendly
14 % customer says the behavior of showroom people – don’t know

SRMCEM, LUCKNOW MBA DEPARTMENT 60


Digital Portable Tyre
7) The following table shows the customers opinion about service

charges in show room.

Very Reasonable 30

Reasonable 42

Costly 16

Very Costly 12

Total 100

120%
100%
100%
80%
60% Series1
42%
40% 30%
16% 12%
20%
0%

Interpretation:
30 % of customers said that service charges are very reasonable.
42 % of customers said that service charges are reasonable.
16 % of customers said that service charges are costly
12 % of customers said that service charges are very costly

SRMCEM, LUCKNOW MBA DEPARTMENT 61


Digital Portable Tyre
8) The following tables show why customer prefers “DIGITAL

PORTABLE TYRE”.

Quality 38

Price 24

Service 16

Durability 22

Total 100

Durability
22%
Quality
38%
Service
16%
Price 24%

Interpretation:

38 % customers prefers the Digital Portable Tyre due to the good Quality

24 % customers prefers the Digital Portable Tyre due to the reasonable price

22 % customers prefers the Digital Portable Tyre due to its durability

16 % customers prefers the Digital Portable Tyre due to its service

SRMCEM, LUCKNOW MBA DEPARTMENT 62


Digital Portable Tyre
9) The following tables shows the problems faced by customers

while purchasing “DIGITAL PORTABLE TYRE”

Lack of Information 22

Non co-operation of show room people 28

Delay 16

No problem 34

Total 100

Lack of
54%
60% Information

50%
Non co-operation of
40% show room people

30% 22% Delay


17%
20%
7%
10% No problem

0%
1

Interpretation:
22 % customer faced the problem due to lack of information

28 % customer faced the problem due to non cooperation of show room people

16 % customer faced the problem due to delay

34 % customer faced no problem

SRMCEM, LUCKNOW MBA DEPARTMENT 63


Digital Portable Tyre

FINDINGS

SRMCEM, LUCKNOW MBA DEPARTMENT 64


Digital Portable Tyre
FINDINGS

 31% of customers have purchased on their own decision. They have decision on

the basis of experience and some customers have taken after making comparison

with other tyres. Hence it reveals that customers are satisfied with “DIGITAL

PORTABLE TYRE”

 Majority of customers means 45% are satisfied with the fulfillment of their

need/purpose.

 Only 30% of customers are fully satisfied with price of the tyres about 21% are

not satisfied and 14% of customers are fully not satisfied with the price.

 About 45% of customers are fully satisfied, 30% o f customers are only just

satisfied and 16% are not satisfied with the quality.

 About 45% of customers are satisfied with durability of tyres, and 14% are not

satisfied with durability.

 About 42% of customers are fully satisfied with the performance of the tyres,

and only 14% are dissatisfied.

 The customers are having a very good opinion about the DIGITAL PORTABLE

TYRE” about 28% are strongly satisfied with its performance, and only 17% are

not satisfied with performance.

 The customers are having very good opinion about the behavior of showroom

people about 44% of customers are saying they are friendly and only 13% are

don’t know.

 The service charges are very reasonable in the view of about 43% of customers

and about 11% of customers believe that the service charges are costly.

 Majority of customers are fully satisfied with the “DIGITAL PORTABLE

TYRE”

SRMCEM, LUCKNOW MBA DEPARTMENT 65


Digital Portable Tyre

RECOMMENDATION

SRMCEM, LUCKNOW MBA DEPARTMENT 66


Digital Portable Tyre
SUGGESTIONS

SUGGESTIONS TO SHOWROOM:

 Showroom must recruit well qualified and skilled labours that care about the

customer. It will abolish the problem of unskilled and poor quality service.

 Showroom employees and workers should maintain friendly relation with every

customer.

 Showroom should provide the remolding system to the existing customers.

 Showroom should maintain tyres, tube, air compression machines etc,. which

are needed to the customer at any time.

 Always adopt the improvement of servicing system and keep the showroom in

good conditions.

SUGGESTIONS TO COMPANY:

o The company should reduce the price of their products.

o Improve the distribution network and make available the products in needed

time of customers.

o Company always keeps some prizes and gifts to attract the customers.

o The products should advertised in the Regional TV channels and in leading

newspaper must.

SRMCEM, LUCKNOW MBA DEPARTMENT 67


Digital Portable Tyre

CONCLUSION

SRMCEM, LUCKNOW MBA DEPARTMENT 68


Digital Portable Tyre
CONCLUSION

 According to the study I conclude that the DIGITAL PORTABLE TYRE

company satisfies the customer need and the purpose, but only problem is with

the service given to the customers by the showroom. So, as per study in my

opinion based on project I can say that DIGITAL PORTABLE TYRE should

think about the service provided by showrooms in order to capture the

maximum market segment.

 According to Lucknow city the market is vast almost the whole district

customers and other new people purchase the Digital Portable Tyre because it is

old brand running tyres in market. Almost people demands the Digital Portable

Tyre comparing to other company tyres.

 Company provide more advertisement and always keep customers need with

development of Digital Portable Tyre.

SRMCEM, LUCKNOW MBA DEPARTMENT 69


Digital Portable Tyre

LIMITATIONS

SRMCEM, LUCKNOW MBA DEPARTMENT 70


Digital Portable Tyre
LIMITATIONS OF STUDY
The project has been successfully completed with certain inherent limitations, which
are as follows:

 Courtesy bias& the behaviour of the customer while approaching them to fill the
questionnaire was unpredictable.

 Time and work constraints were also there.

 Limited information & Respondent’s unavailability.

 Time pressure and fatigue on the part of respondents and interviewer.

 Lack of customer’s cooperation was a major constraint.

 Majority of the customer were too aggressive in nature.

SRMCEM, LUCKNOW MBA DEPARTMENT 71


Digital Portable Tyre

BIBLIOGRAPHY

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Digital Portable Tyre
BIBILIOGRAPHY
Books:

 Kothari. C.R (2004): Research Methodology Methods & Techniques‟, New Age
International Publishers, New Delhi, 2nd Edition.

 Richard I. Levin, David S. Rubin (2004): „Statistics for Management‟, Prentice


Hall of India Private Limited, New Delhi, 7th Edition.

 Jayaram, N. and Sandhog, R.S. (1998), Housing in India - Problems, Policy and
perspectives, B.R. Publishing Corporation, Delhi.

Internet

 https://www.tyremarket.com/tyremantra/top-10-tyre-companies-in-india-mrf-ceat-
apollo-jk/
 https://www.alphainvesco.com/blog/understanding-the-indian-tyre-industry/
 https://auto.economictimes.indiatimes.com/news/auto-components/how-tyre-industry-
is-evolving-and-adjusting-to-global-trends-and-requirements/64977118
 http://atmaindia.org/indian-tyre-industry/

SRMCEM, LUCKNOW MBA DEPARTMENT 73


Digital Portable Tyre

ANNEXURE

SRMCEM, LUCKNOW MBA DEPARTMENT 74


Digital Portable Tyre
QUESTIONNAIRE

Dear Sir/Madam,

(Please tick ( ) appropriate answer in the box / space)

I. Customer Introduction:

a. Name : _____________________________________________

b. Address : ____________________________________________

___________________________________________

c. Occupation / Job: _____________________________________________

II. Which factors motivated you to purchase “DIGITAL PORTABLE TYRE”?

A: Friends [ ] B: Brand Image [ ]

C: Advertisement [ ] D: Relatives [ ]

E: Self decision [ ] F: Others [ ]

III. To what extent the “DIGITAL PORTABLE TYRE” has satisfied your purpose /

need?

A: Fully Satisfied [ ] B: Satisfied [ ]

C: Dissatisfied [ ] D: Fully Dissatisfied [ ]

SRMCEM, LUCKNOW MBA DEPARTMENT 75


Digital Portable Tyre
IV. As compare to other tyres how do you rate the following characteristics of your

“DIGITAL PORTABLE TYRE”

Characteristics Excellent Very good Good Average

Price

Quality

Durable

Performance

Mileage

V: What is your opinion about “DIGITAL PORTABLE TYRE”?

A: Excellent [ ] B: Very Good [ ]

C: Good [ ] D: Bad [ ]

VI: what was the behavior of show room people while taking quotations or while

Purchasing “DIGITAL PORTABLE TYRE”?

A: Very Friendly [ ]

B: Friendly [ ]

C: Not-Friendly [ ]

D: Don’t Know [ ]

SRMCEM, LUCKNOW MBA DEPARTMENT 76


Digital Portable Tyre
VII: What is your opinion about “service charges” in the show room?

A: Very Reasonable [ ]

B: Reasonable [ ]

C: Costly [ ]

D: Very Costly [ ]

VIII: Why did you prefer “DIGITAL PORTABLE TYRE”?

A: Quality [ ]

B: Price [ ]

C: Service [ ]

D: Durability [ ]

IX: What problems faced while purchasing “DIGITAL PORTABLE TYRE”?

A: Lack of information’s [ ]

B: Non co-operations of show room peoples [ ]

C: Delay [ ]

D: No problem [ ]

X: Give your valuable suggestions to improve “DIGITAL PORTABLE TYRE”?

A: __________________________________________________

B: __________________________________________________

C: __________________________________________________

SRMCEM, LUCKNOW MBA DEPARTMENT 77

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