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STUDY REPORT ON
MARUTI UDYOG LTD.-
THE KING OF AUTOMOBILE INDUSTRY

SUBMITTED TO:- SUBMITTED BY:-


SHARAD VERMA DHRUV GOSWAMI
FACULTY S&D VINAY KRISHNA DASI
VIRENDRA RATHORE
MANISH JURI
INTRODUCTION……..

Maruti Suzuki India Limited is a publicly listed automaker in


INDIA. It is a leading four-wheeler automaker manufacturer in south
asia. Suzuki motor corporation of Japan holds a majority stake in the
company. It was the first company in India to mass-produce and sell
more than a million cars. It is largely credited for having brought in an
automobile revolution to India. It is the market leader in India and on 17
September 2007, Maruti Udyog was renamed Maruti Suzuki India
Limited. The company headquarter is in GURGAON, HARYANA.
Maruti Suzuki is one of India's leading automobile
manufacturers and the market leader in the car segment, both in terms of
volume of vehicles sold and revenue earned. Maruti Udyog Limited
(MUL) was established in February 1981, though the actual production
commenced in 1983 with the Maruti 800 , based on the SUZUKI Alto
kei car ,which at the time was the only modern car available in India, its'
only competitors- the Hindustan Ambassador and premier Padmini
were both around 25 years out of date at that point Through 2004,
Maruti has produced over 5 Million vehicles. Marutis are sold in India
and various several other countries, depending upon export orders.
Models similar to Marutis (but not manufactured by Maruti Udyog) are
sold by Suzuki and manufactured in Pakistan and other South Asian
countries.
The company annually exports more than 50,000 cars and has an
extremely large domestic market in India selling over 730,000 cars
annually. Maruti 800 ,till 2004, was the India's largest selling compact
car ever since it was launched in 1983. More than a million units of this
car have been sold worldwide so far .
Due to the large number of Maruti 800s sold in the Indian
market, the term "Maruti" is commonly used to refer to this compact car
model. Till recently the term "Maruti", in popular Indian culture, was
associated to the Maruti 800 model.
Maruti Suzuki was born as a government company, with Suzuki
as a minor partner to make a people's car for middle class India. Over
the years, the product range has widened, ownership has changed hands
and the customer has evolved.

Mission- To provide maximum value for money to their


customers through continuous improvement of products and services.

Vision- Creating customer delight and shareholders wealth .


Maruti has a network of 391 sales outlets across 230 cities
all over India. The service network covers 1,113 towns and cities,
bolstered by 2,142 authorized service outlets.The company's
change in strategy and emphasis on developing effective marketing
communications was their highlights.

MARKET SCENERIO (2007-08 )….

The company vouches for customer satisfaction. For its sincere


efforts it has been rated (by customers)first in customer satisfaction
among all car makers in India for ten years in a row in annual survey.
Maruti Suzuki India Limited, a subsidiary of Suzuki Motor Corporation
of Japan, has been the leader of the Indian car market for over two
decades.

During 2007-08, Maruti Suzuki sold 764,842 cars, of which


53,024 were exported. In all, over six million Maruti cars are on Indian
roads since the first car was rolled out on 14 December 1983.

BRANDS OF MUL…….

➢ Historious car is Maruti 800


Maruti 800 - Launched 1983 - Largest selling car inIndia, until
2004 - cheapest car in India. (P)“Change ur life”
➢ Omni – 1984, 2 Face-Lifts(P) “Fits all”
➢ Gypsy – 1985 (P) “King”
➢ Wagon-R – 1999, 2 Face-Lifts.(P)”For the smarter race”

➢ Alto – 2000, Currently the largest selling car in India. 1 Face-Lift.


(P) “Lets go”
➢ Versa(2003-) (P) “The joy for travelling together”
➢ Zen Estilo(2005-) (P) “ Shape ur world”
➢ Swift 1 very small face-lift(2005) (P & D)
• Maruti Suzuki SX4 (May 2007- ) (P & D) “Men are back”

• Suzuki Grand Vitara Sports Utility Vehicle - July 2007.


Imported(P) “Play it your way”
• Maruti DZiRE Sedan Version of swift - March 2008(P & D) “The
heart car”
• Suzuki Alto (Sold in India as the Maruti A-Star)
Launched in 2008 December. “Stop @ nothing”
Models of 2009
• Suzuki Splash
• Ritz “Live the Moment”
Targeting :- Selective Specialization

Market Urban Semi – Urban Rural


Product

A1 Yes Yes
A2 Yes Yes Yes

A3 Yes Yes

SUV Yes

C- Class Yes Yes Yes

Targeting :- on the basis of income Group


Income Group RS. 2- 3 lacs. RS. 3-5 lacs. RS. 5 - > 5
/annum /annum lacs. /annum
Product
A1 Yes
A2 Yes Yes
A3 Yes
SUV Yes
C- Class Yes Yes Yes
Positioning:-

Product Target Customers Benefits Value Proposition

A1 A consumer who Durability and A car which gives


wants car. Performance Durability in low
cost.
A2 A consumer who Spaciousness . A spacious small
wants Small & car without extra
spacious car. cost.

A3 A consumer who Design, Style and A car design with


wants more comfort Luxury. style and luxury.
car

SUV Lifestyle Oriented Rigidness, Luxury A Vehicle that


consumers. and Comfort . provides the
luxury and
Comfort of a car.
C-Class A consumer who More spacious car. A big car with
wants car for reasonable price
commercial use

4Ps:-
 Product
 Price
 Place
 Promotion

PRODUCT STRATEGY:-
 Portfolio of 12 products
 Five product lines
Product Line Products

A1 800

A2 Alto, Zen ,Wagon –R, Swift, A-star

A3 D ZiRE, Sx4

SUV Vitara, Gypsy

C - Class Omani, Versa

Price:-

The price of the Maruti car is between Rs. 210000 to Rs. 1500000.
Maruti – 800 is the lowest price car of this company. Alto, Omni,
Wagonr, are also the low price car of the company, Zen & Esteem are
the mid price car of the company. But Grand Vitara is the high price
modle of the company . The price of car are decided according to its
product varity, quality, design etc.

Place strategy:-
 600 New car sales outlets covering 393 cities.
 265 ‘Maruti True Value’ outlets spread across 166 cities.
 2628 Maruti Authorized Service Stations, covering 1220 cities.
 Tie up with Adani group for exporting 200,000 units through
Mnudra port Gujarat

Suggested Place strategy:-


 400 new car sales outlets in next three years.
 150 new true value shops in next three years.
 1200 new Maruti Authorized Service Stations in next three years.
Tie up with other distributors for Exports.
Promotion Strategy:-
○ Advertising
○ TV Ads

○ Print Ads
○ Radio Ads

○ Advertising Strategy
 Persuasion Advertising
“Ghar Aa Gaya Hindustan”
“India Comes Home in Maruti Suzuki.”
Information Advertising
 Alternative Advertising Options
 BTL - Sponsorships
 TV shows - India’s Got talent
 Place Advertising – Bill boards
 Sales Promotions
 Product warranties
 Premiums (gifts)
 Trade shows
 2,628The number of workshops that provide customers
with maintenance support in 1220 cities.

Maruti and CRM:-

 Maruti created a land-mark in CRM by launching a website for


the customers in the year 1998
 Maruti Auto Card-- Auto Card brings the customer all the
advantages of an international credit card in addition to bringing
the customer an opportunity

Maruti True Value Out let:-

Maruti has aided customers by providing them the facility to bring their
vehicle to a 'Maruti True Value' outlet and exchange it for a new car, by
paying the difference. They are offered loyalty discounts in return. This
helps them retain the customer.

Maruti Call Center:-


Maruti has proper customer complain handling cell under the CRM dept.
The CIC will help MUL rapidly build an information pool of over 3
million Maruti owners as well as that of its prospective

Maruti insurance:-
It has launched in 2002 Maruti provides vehicle insurance to its
customers with the help of the National Insurance Company, Bajaj
Allianz, New India Assurance and Royal Sundaram. The service was set
up the company with the inception of two subsidiaries Maruti
Insurance Distributors Services Pvt. Ltd and Maruti Insurance
Brokers Pvt. Limited.

This service started as a benefit or value addition to customers and was


able to ramp up easily. By December 2005 they were able to sell more
than two million insurance policies since its inception.

SWOT Analysis:-

STRENGTHS
Bigger name in the market
Trust of People
Maruti Udyog Ltd. is the market leader for more than a decade.
Has a great dealership chain in the market.
Better after sales service
Low maintenance cost of vehicle

WEAKNESSES
Exports are not that good.
Lesser diesel models in the market compare to others
Global image is not that big
OPPURTUNITIES
Great opportunities to go global with success of Swift and SX4
allover
Introduction of more diesel models. The diesel car segment is
growing
Opportunity to grow bigger by entering into bigger car markets
Already a market leader so great opportunity to be the king of market
in every stage of industry

THREATS
Foreign companies entering market; so a bigger threat from MNCs.
To the market share, as many big names are coming in the industry
There is hardly any diesel models
Rs. 1 lakh – Rs. 1.5 lakh car
Future Plan:-
Fourth assembly plant will be scaled up to produce 3,00,000 cars a year
by 2010.

NEXT SUPERSTAR:-
Suzuki Cervo'sport a Suzuki 660cc engine - as against Nano's 623cc
and wear a tag of around Rs 1.5 lakh on road.
Conclusion:-
Maruti Suzuki is India’s one of the leading auto mobile manufactures
and also the leader of the market both in terms of volume and revenue
generated.
· MSL (Maruti Suzuki Limited) has segmented the market in to A, B, C,
D and Eon the basis of price and length and weight. Between fiscal year
2002 and 2007 the market of automobile grew at rate of 9.5%.
· In segment A price always plays a vital role MSL was the sole
manufacture till 2000, Maruti 800 was the hot seller till 2005.
· In segment B growth of automobile was 57.6% where Maruti captures
a share of 69%. Its products like alto and Zen are two role models with
these segments.
· In C,D and E segment Maruti has number of competitors and has a less
growth . In this segment also MSL lack of more models than other
company.

· Taking the sale trend in to account MSL sold a record number of


vehicle 7, 14,842 in 2007-08 including 53,024 units of export. In 2007-
08 it record a turnover of INR 145,922 million which rose to 178,603
million in 2007-08 showing a growth of 20%.
· MSL has also captured 51.4% of passenger car segment while the total
share of this segment is 78%. It also captures 89% of multi –purpose
vehicles. And 1.6 % in sports utility vehicle segments. So in every
segment Maruti Suzuki has shown its presence.
· Hence Maruti Suzuki Limited has captured over all share of 46% in the
Indian car market.

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