Professional Documents
Culture Documents
Submitted By:
IPSITA DAS
2102286064
MBA [2021-2023]
Declaration
I am IPSITA DAS, a bonfire student of Srusti Academy of Management, pursuing MBA, do hereby
declare that the study entitled “Competitor Analysis: A detailed report on My Home Industries
Pvt.Ltd.” is my authentic work, I have completed my study under the guidance of Mr Abhinas Sahu
(Asst. professor), Srusti Academy of Management, Bhubaneswar and Mr. Sanjeev Gupta (Vice-
president), My Home Industries Pvt.Ltd. Bhubaneswar. All the data furnished in this project report
are authentic and genuine and this report neither full nor in part has ever been submitted for award of
any other degree to either this university or any other university.
IPSITA DAS
MBA (2021-2023)
2102286064
Srusti Academy of Management, (Autonomous) Bhubaneswar, Odisha
This is a certificate that Ms. IPSITA DAS, a student of MBA of Srusti Academy of Management,
(Autonomous) Bhubaneswar has successfully completed his/her summer Internship Project on the
topic of entitled “A Detailed Analysis of Competitor Analysis Adopted by My Home Industries
Limited”. He has worked on the Summer Internship Project from Dt-07-07-2022 to Dt-31-08-2022.
Signature
Dt:
Company Certificate
Acknowledgement
This project report bears the imprint of many people on it. I am very much thankful to Srusti
Academy of Management, (Autonomous) Bhubaneswar for the successful completion of my
SIP report.
I would like to thank my project supervisor and guide Prof Abhinas Sahu, the Faculty
Member, Srusti Academy of Management, for his invaluable guidance and assistance in preparing
the project report and also contributing a lot for accomplishment of this Project.
I am highly indebted Mr Sanjeev Gupta (Vice-president) of My Home Industries Pvt Ltd,
Bhubaneswar, my corporate guide, who guided me during the internship period and suggested
many issues which has been taken care in my project work.
I am also expressing my indebtedness to my parents and my friends who gave their full-fledged
cooperation for the successful completion of my project.
Preface
Contents
Chapter-1 Page No
Research methodology
Chapter -2
Company Profile
Chapter-3
Chapter-4
Bibliography
Chapter-1
• Research methodology
Page | 1
Today it is fashionable to talk about the new economy. We hear that the business are
operating in globalized economy; things are moving at a second pace our market is
characterized by hyper competition and disruptive technologies are challenging every
business and so business must adopt to empower consumer.
The project was carried out in the market of Bhubaneswar of Odisha state.
There are six market players in cement industry including SOLID HD+. They are Dalmia,
Nuvoco, Ultratech, ACC, Ramco, apart from these there are few local brands selling in the
market. The information about the market was gathered by visiting retailers in the market.
Interview of retailers taken depending upon the re-accessibility.
While doing the project attempt was made to collect maximum information about the
marker. To get actual and correct information, it was not told retailers that the survey is
conducted by SOLID HD+ Cement for the obvious reasons. Number of retailers were
visited to get the actual picture of the market. Again, the retailers of each grade (according
to the performance) were visited, to get each and every detail about the market.
Most of the time was spent in travelling for one retailer were reluctant to give the
information, as they do not want to disclose their business details. Visits to such retailers
were loss of time, money and energy.
Page | 2
After collecting the derailed information about market analysis is done. In the
analysis, the observations recorded during the project were carefully analysed and the
results are prepared. The findings and result of the project work are given at the later stage
in the report Marketing is a communication process that has the purpose of
individuals or groups - that are directly or indirectly able to purchase - aware of products
and services that may satisfy their existing or newly-identified needs and wants.
The respondents can be asked to list out problems they have, had with the offer and to list
out improvements they could suggest companies would also ask the respondents to rate
various elements of the offer in terms of the importance of each element and how well the
company has performed.
Cement industry is one of the major industries in India. Today there are 2 large
cement plants and more than 4 mini cement plants operating in India, producing cement
under different brands and grades. Though most of the companies are restricted to
surrounding states, some spread throughout India. A local market to a city, a district, or a
state is composed of a variety of brands leaving to the customer a wide range of choice.
'In the market, the movement of cement largely depends on the dealer's
promotion, constructor or contractor's awareness and advice to the customer and to an
extent on the awareness of the customer. Dealer is one of the key persons who can affect
the movement of a particular brand of cement.
Page | 3
A marketer needs the information regarding the dealer's satisfaction on different factors
like product quality, service, price, supply and satisfaction of company's promotional
activities so as to estimate his willingness to push the brand.
The study attempts to analyse the satisfaction of the dealer regarding various
factors corresponding to MAHA SOLID HD+ CEMENTS and the brand preference by the
dealers. This helps the marketers of SOLID HD+ CEMENTS to estimate the market
position of SOLIDE HD+ CEMENTS and take steps for their expansion of business.
EXECUTIVE SUMMARY
The project was carried out at SOLID HD+ cement Pvt. Ltd.
To study the retail market survey and sale promotion activities level towards
SOLID HD cement regarding promotional activities, supply, quality of cement and to
know demand level of SOLID HD cement in the market by the customers.
OBJECTIVES
Page | 4
The study can help in analysing certain weak point, improving on which a company can
overcome the low sales of its cement and the study was carried out in Bhubaneswar
city.
The project highlights the scope for future improvement on the basis of present scale.
Quality of the information highly dependent on the knowledge of the respondents. The
attitude, perception of the customers and the market situation in Bhubaneswar differ from
other market so same approach may not be beneficial.
RESEARCH METHODOLOGY
The descriptive nature of the research necessitated collection of primary data from
retailers of cement through market survey.
Personal interview technique was used with the measure emphasis on personal
interview method. Interviews were conducted through the " structure questionnaire ".
SAMPLE DESIGN:
A Sample size of 52 retailers were visited to collect the information about the cement
market. The study is conducted in Bhubaneswar market.
Page | 5
After collecting the detailed information from the market, analysis of the data
was made. The market research has revelled many facts and figures about cement market.
Population for this research is set of dealers those who are dealing with SOLIDE HD+ &
other cements in Bhubaneswar.
Source of data
Primary data:
Secondary data
Data from the company profile, industry profile and official web sites.
Research instrument:
Questionnaire
Interview schedule
Page | 6
Pie charts
Page | 7
CHAPTER - 2
Page | 8
Company Profile
Our company:
My Home Industries Pvt. Ltd, part of a leading 4000cr business conglobed ate My
Home Group headquartered at Hyderabad. My Home Industries, manufacturer of world-
class Maha Cement, isa renowned name in the industry. To suit various construction needs
Page | 9
of different geographies, Maha Cement has various brands under its name. All the products
surpass the standards set by Bureau of Indian Standards (BIS).
MHIPL has a joint venture with CRH Plc Ireland, the international leader in
building materials. The growth and success of CRH is founded on its exceptional
commitment and capabilities. Sharing the common vision of excellence, MHIPL and CRH
as one entity, is fast emerging as a leading force in the Indian cement industry.
MHIPL has grown from an annual capacity of 0.2 million tonnes to a staggering
8.4 million tonnes within a short span of 15 years. The company is planning to increase its
annual capacity to 10 million tonnes in the near future.
Vision
Mission
Our Research
Our product
Maha OPC 53 grade cement, is a high strength, best quality cement designed to
3(Jit the modern construction practices. It is manufactured with excellent quality clinker,
containing high percentage (56-60%) of Tri-calcium Silicate (CYS), and optimum quantity
of gypsum, this cement is ideal for designing high strength high performance concrete used
in high rise buildings, bridges, flyovers, pre-stressed concrete applications, under water
concreting, concrete roads etc, Due to its uniform and consistent 28 days' compressive
strength 60 MPa Maha — OPC 53 is the most preferred brand by Ready Mix Concrete
manufacturers and infrastructure project engineers.
Page | 11
Maha Solid HD
Solid strength
Solid technology
Solid consistency
Solid workability
Solid durability
Maha Solid HD’ comes with dual promises of High Durability and High
Design ability. Corning from Vizag Grinding Unit, a unit set up with state-of-the-art
technology from Germany, Solid I-ID’ gives long-term strength. Due to balanced chemical
composition, it also gives superior resistance to corrosion from hazardous chemicals
prevalent in the environment.
Page | 13
Additionally, due to high fineness, the concrete is highly workable and give
desired finish, catering to the increasing demand for beautiful buildings. With proper
water-cement ratio, Solid HD+ Cement can make amazing concrete structures. The
structures formed are free from common defects like honey combing, etc.
Owing to its high performance, Solid HD + can be used for all the
applications residential buildings, infrastructure projects and industrial usages.
Additionally, due to lesser tendency to form cracks, the cement can be used for building
dams and canals.
With a temper-proof packing, Solid HD+ comes with the assurance to the
customers that they are receiving factory fresh cement at their door strep and there is no
adulteration.
My Home Industries Pvt. Ltd has a joint venture with CRH Plc Ireland, the
international leader in building materials. The growth and success of CRH is founded on its
exceptional commitment and capabilities. Sharing the common vision of excellence,
MHIPL and CRH as one entity, is fast emerging as a leading force in the Indian cement
industry.
MHIPL has grown from an annual capacity of 0.2 million tonnes to staggering
8.4 million tonnes within a short span of 15 years. The company is planning to increase its
annual capacity to 10 million tonnes in the near future.
Page | 14
MY HOME INDUSTRY Pvt Ltd. Has Four Plants in Indian base Those are: -
This plant is the mother plant consisting Of three units with combined
installed capacity of 2.87 million tonnes per annum clinker. All three units are located in
the same premises.
The cement plant is supported by three captive cement grade limestone mines
located within the vicinity of cement plant units. The plant is also supported with two coal
based captive power plants with 15 MW and 60 MW capacities, located within the cement
plant complex. A separated railway siding is established from Mellacheruvu Station
connecting Jaggayyapet Station for transporting raw materials and products.
The plant and mines are certified as per international standard ISO 9001:2008 and ISO
14001:2004 and OSHAS 18001:2007.
Sree Jayajothi Cement Limited was acquired by MHIPL in 2013. The plant is
having clinker and cement manufacturing capacity of 1.82 million tons per annum and 3.2
million tons per annum respectively.
Page | 15
It was established in 2009 with capacity of 1.5 MTPA and upgraded to 2.0
MTPA in 2012. The Plant is endowed with advanced technology of Vertical Roller Mill for
slag grinding supplied by Loesche, Germany and Ball Mill for grinding OPC & PPC from
Humboldt Wedag, Germany. The main raw material clinker is sourced from Mellacheruvu
Unit. Slag is sourced from Vizag Steel Plant and Gypsum from Coromandel Fertilizer,
Vizag. The plant implemented integrated management system and is certified as per
international standards ISO 9001:2008, ISO 14001:2004 and OSHAS 18001:2007.
3. Area of Operation
Telangana
Andhra Pradesh
Odisha
Jharkhand
Calcutta
Page | 16
Bihar
Solid HD+
Solid comes with dual promises of High Durability and High Design-ability.
Coming from Vizag Grinding Unit, a unit set up with state-of-the-art. technology from
Germany, Solid HD+ gives long-term strength. Due to balanced chemical composition, it
also gives superior resistance to corrosion from hazardous chemicals prevalent in the
environment.
Additionally, due to high fineness, the concrete is highly workable and give
desired finish, catering to the increasing demand for beautiful buildings. With proper
water-cement ratio, Solid HD+ Cement can make amazing concrete structures. The
structures formed are free from common defects like honey combing, etc.
Owing to its high performance, Solid HD+ can be used for all the applications
residential buildings, infrastructure projects and industrial usages. Additionally, due to
lesser tendency to form cracks, the cement can be used for building dams and canals. With
a tamper proof packing, Solid HD+ comes with the assurance to the customers that they are
receiving factory fresh cement at their doorstep and there is no adulteration.
A. Technical workshops/Seminars
MHIPL conducts technical meetings and training sessions for the people in the
construction industry regularly. Some of the programs conducted are:
Technical meetings on modern concrete technology and use of blended cement for
sustainable development for engineers, architects, consultants, etc.
Meetings with wholesalers and retailers to educate them about new trend in cement.
Page | 17
Meetings with IHBS are conducted to create awareness about good construction
practices.
Awareness programmers about building practices are conducted in rural areas.
D. Cover Blocks
Cover blocks are small pieces of concrete placed between shutter and steel bars
so that sufficient thickness of concrete cover is ensured around the steel reinforcement
to protect it from corrosion. We are providing quality cover blocks in select markets
free of cost.
Page | 18
1. Competitors
Ultratech
UltraTech Cement Limited is the cement flagship company of the Aditya Birla
Group. A USD 7.1 billion building solutions powerhouse, UltraTech is the largest
manufacturer of grey cement and ready-mix concrete (RMC) and one of the largest
manufacturers of white cement in India. It is the third largest cement producer in the world,
excluding China. UltraTech is the only cement company globally (outside of China) to
have 100+ MTPA of cement manufacturing capacity in a single country. The Company’s
business operations span UAE, Bahrain, Sri Lanka and India.
adopted new age tools like the Science Based Targets Initiative (SBTi) and Internal Carbon
Price as well as set ambitious environmental targets through both EP100 and RE100.
UltraTech is the first company in India and the second company in Asia to issue dollar-
based sustainability linked bonds. UltraTech works to actively contribute to the social and
economic development of the communities in which it operates in. The Company’s social
initiatives focus on education, healthcare, sustainable livelihoods, community
infrastructure and social causes. UltraTech reaches out to more than 1.6 million
beneficiaries in over 500 villages in 16 states across India.
Dalmia
The company operates a manufacturing capacity of 35.9 MnT per annum (MTPA),
across 14 cement plants and grinding units which are spread across 10 states. With over
33,000 dealers and sub-dealers, the company presently services more than 22 states and is
among the leading players in every region where it is present in. To scale the business as
well as venture into new geographies, both, acquisitions and greenfield expansions have
been key for the company. Dalmia Cement is the only company with at least one plant in
each of the four key eastern states of West Bengal, Bihar, Jharkhand and Odisha. The
company offers a range of cement variants through its brand portfolio of three marquee
brands: Dalmia Cement, Dalmia DSP and Konark Cement. These brands are available as
Portland Pozzolana Cement, Portland Slag Cement, Composite Cement and Ordinary
Portland Cement in select markets. Dalmia Cement is India’s largest manufacturer of slag
cement and is a category leader in super-speciality cement used for oil wells, railway
sleepers, and airstrips. Dalmia Cement works with engineers and technocrats around the
country to develop a wide variety of customised cement which is manufactured for specific
engineering and construction needs.
Page | 20
The company invests heavily in research and development, operating three R&D
centres equipped with cutting edge robotic labs (called Dalmia Cement Future Labs) at its
regional hubs. For nearly eight decades, Dalmia Cement has delivered value-added
products and reliable post-sale services. It has played a catalytic role in India’s
infrastructural growth.
Nuvoco
Page | 21
The modern building material products are a key differentiator for Nuvoco. The
suite of products under this category includes a range of Construction Chemicals,
Multipurpose Bonding and Waterproofing Agents, Wall Putty, Tile Adhesive, Ready Mix
Dry Plaster and Cover Blocks marketed and sold under Zero M and InstaMix brands
ACC
Page | 22
ACC has been among the first Indian companies to include commitment to
environmental protection as one of its corporate objectives. Since inception, we have
integrated this commitment into all activities of our value chain, from mining to sales to
promoting the use of alternative fuels and resources, resulting in one of the lowest carbon
footprints in the cement industry.
Shree Cement
Shree Cement Limited is one of India's Top three cement producers and among
the fastest growing, with an installed capacity of 43.4 million Tonnes Per Annum in India
and 47.4 including overseas. Be it OPC/PPC/PSC, Bag packing or loose cement in bulkers
- our products meet the requirements of different customer segments. Shree also has an
installed Power Generation Capacity of 752 Mega Watts which includes Waste Heat
Recovery Power, Solar Power, Wind Power along with others. Known for innovation in
Page | 23
Since our founding year in 1979, we have been committed to the cause of
sustainable, inclusive growth and this has been possible by building a culture that promotes
continuous improvement, innovation, care and collaboration, through which we drive
operational excellence in products, processes and people. This has made us a company that
cares for its customers and has enabled us to serve markets across India and the Middle
East. Shree Cement has a consolidated Cement Production Capacity of 47.4 Million tonnes
per annum (including overseas) and a Power Generation Capacity of 752 Megawatts. Our
operations span across India and the UAE with 4 integrated plants in India, 1 in UAE and
9 Grinding Units. Shree Cement was also among the industry pioneers for the use of
alternate fuel resources in the production of cement and today we have the highest installed
capacity of Waste Heat Recover Power plants in the world, second only to China. While
our past performance has been among the best in the industry, we don't believe in resting
on laurels since it breeds complacency. Instead, we take pride in a culture that encourages
taking opportunities as challenges and pursuing them to build a competitive edge. And that
enables us to continue to break new grounds, create new synergies and set new
benchmarks.
OPC
DSP
PPC
PSC
PCC
Page | 24
TV
Newspaper
CSR Activities
Packing Quality
Product Colour
Product Durability
CUSTOMER
House holder
Contractor
Architecture
Engineer
Clients are those people who are indirectly employed by the company to
introduce their product in the market through the various process and they provide
service to the consumer.
Advertisement
Page | 26
CSR
Tangible
Intangible
Sales Promotion begins with the following specific assumptions about company's
relationship with the customers.
Page | 27
The retailer service activities focus mainly on existing dealers. Some retailers
are more important than others
The retailer needs and value should influence every aspect of the organization
strategy, employee safety and performance, product and organization strategy,
employee safety and performance, product and service development, sales and
marketing programs, operational procedures and information and measurement
system.
A company needs to hear what its retailers are saying about its people,
product service and vision. Their information helps to develop meaningful product
and service.
Retailer
1) Registered retailer.
2) Casual retailer.
Page | 28
Wholesaler
Retailer
Page | 29
evidence began to grow that the feelings and images associated with a brand were
powerful purchase influencers, though recognition, recall and brand identity. It is
based on the proposition that consumers buy not only a product (commodity), but
also the image associations of the product, such as power, wealth, sophistication,
and most importantly identification and association with other users of the brand.
In a consumer led world, people tend to define themselves and their Jungian
“persona" by their possessions. According to Sigmund Freud, the ego and
superego control to a large extent the image and personality that people would like
others to have of them.
Good brand images are instantly evoked, are positive, and are almost
always unique among competitive brands.
Definition
according to the demand and assist them in securing the markets for their goods.
The dealers are also relieving the manufactures from the necessity of having sales
organizations. The manufactures are not put to the task of collecting and securing
orders and the numbers of accounts they have to open are smaller compared to
dealing directly with the consumer.
RETAILER'S RELATION
Page | 31
hands and he cannot sell those products by adequately. Advertising products in the
area concern the manufacturer should provide his dealers with promotional
literature; he should correspond them as frequently as necessary to show that the
manufacturer is there to help the dealers to sell all and thus makes profit for them.
He may offer adequate trade discount, provided display facilitate and even arrange
contests among the dealers to motivate them towards better results. The
manufacture should realize that the company dealers are more important assets. If
they are assisted with promotional help. They will appreciate effort and would be
more in demand to support the company campaigns in advertising.
Page | 32
Chapter-3
Data Analysis and Interpretation
Page | 33
ACC 6
Dalmia 20
Emami 5
Nuvoco 11
Ramco 12
Shree 7
Solid HD+ 16
Ultratech 23
Page | 34
Response
17
18
15
16
14
12
10 8
7
8
6
3
4
2
0
Solid HD Nuvoco Dalmia Ultratech Others
Response
Interpretation
As shown in the diagram we can easily understand that the dealers prefer
Solid HD over than other brand in 2nd position Nuvco, Dalmia and
Ultratech are in 3rd and 4th place respectably this preference is based upon
the facilities given by the companies.
Page | 35
5 40%
40.00%
4 30%
16.00%
3 16%
5 4 3 2
2 10%
1
1 4%
30.00%
Interpretation
As per survey 40% dealer gives rating 5, 30% gives 4, rest 30% gives
1,2& 3 to the representative behaviour with retailer. As 70% gives rating
4&5 that shows that the behaviour of the exicutive withs the dealers is up
to mark.
Page | 36
Response
14
12
4. Rank companies according to their sales promotion activities.
10
Rank Brand Response
1 8 Ultratech 14
2 Dalmia 13
6
3 Solid HD 11
4 4 Nuvoco 8
5 2 Others 4
0
Ultratech Dalmia Solid HD Nuvoco Others
Response
Interpretation
As per the diagram and per perception of the dealer Ultratech is doing the
most number of sales promotional activities then Dalmia then Solid HD is
there and then Nuvoco.
Page | 37
Response
14
12
5. Rank companies according to the credit facility given.
10
Rank Brand Response
1 8 Solid HD 14
2 6 Nuvoco 13
3 Ultratech 11
4 4 Dalmia 8
5 2 Others 4
0
Solid HD Nuvco Ultratech Dalmia Others
Response
Interpretation
According to the dealers Solid HD provides the best credit facility then
nuvoco and Ultratech and Dalmia is there.
Page | 38
Dalmia 16
Emami 20
Nuvoco 11
Ramco 5
Shree 6
Solid HD+ 26
Ultratech 13
Page | 39
Dalmia 6
Emami 2
Nuvoco 8
Ramco 5
Shree 1
Solid HD+ 7
Ultratech 4
Page | 40
Dalmia 22
Emami 9
Nuvoco 8
Ramco 13
Shree 7
Solid HD+ 18
Ultratech 15
Page | 41
Sa琀椀sfac琀椀on Level
9. How much the dealer satisfied with the technical service and dispute
settlement of Solid HD? Highly sa琀椀s昀椀ed
Satisfaction level Response Average
Unsa琀椀s昀椀ed
Highly satisfied 28
Average 14
Unsatisfied 8
Interpretation
From the diagram we can easily know that Solid HD provides a good
technical service and the dispute settlement is decent so the dealers are
satisfied.
.
Page | 42
Chapter-4
(Findings,Suggestion,Conclusion)
Page | 43
FINDINGS
We found that in order to sustain the current market share all current market players have to
struggle a lot, they have to keep strong distribution channel to reach the product in each place
Most of the dealers have 6 to 10 yrears of experience in dealership among that they are dealing
Most of the dealer rated that the quality of Solid HD is very good.
The major promotional factor with influenced the dealers to choose Solid HD cment is
discount.
Most of the dealers also dealing wih the other brands to satify the need of various customers.
According to the retailers outdoor advertisement and electronic media are consider to be more
The major supports required to dalers are promotinal schemes and service from the company.
Overall 60% above dealers rated Solid HD cements as Good one in the current market.
Page | 44
SUGGESTIONS
The price offerd for solid HD is need to be monitored due to the challenges arises and several
consumers tend to find that has best price for value for them. So it is needed to do
At this time it has been seen that the delivery commitments an the side of the company is not
More Transportaion facility& Incentives need to be provide to the retailers for strenghthend the
On interviewing dealers the most important thing they said about the price flexibility ,they
want that the company should give price flexibility to play in the market.
Page | 45
CONCLUSION
Finally, we conclude that of pricing strategies, setting the price for the company's products and
services are a vital roles and important parts for our business success, through the understanding
the distinct between cost and price which company charge the appropriate and best price which
means customer is willing to pay a price to your products then can maximize sales volume and
profit margin. Additionally, different pricing strategies can be used at different times to fit with
changes in marketing strategies, market conditions. and product life cycles.
To attain the objective of the project detailed information was collected from the market of
Bhubaneswar. The market research has revealed many facts and figures about the cement scenario
in the market prevailing.
In the market, SOLID HD cement is well known brand of cement. This is the result of the good
quality of the SOLID HD cement along with their effective marketing efforts, which covers the
whole market customers of SOLID HD cement is highly satisfied with the use of it, as they do not
face any problem after using it.
There are seven major players in the market but the major competitor is between the two brands of
cement. But because of good marketing efforts, SOLID HD cement is able to grab some share of
various other brands.
The market survey undertaken shows that effective marketing efforts play a vital role in creating
the goodwill for the brand. The distribution channel of cement industry must be well designed and
made effective this ensures timely availability of cement to customers.
Good marketing creates good image i.e.-Brand Building. Solid HD cherishes the Goodwill created
by My Home Industries Pvt.Ltd.
Page | 46
BIBILOGRAPHY
www.myhomegroup.com
www.mahacementindustries.com
www.acclimited.com
www.dalmiacement.com
www.ramcocement.in
www.doublebullcement.com
www.shreecement.com
www.nuvoco.com
www.timesnow.in
www.economictimes.com
www.businessstandard.com
Page | 47
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