Market Research of Bajaj Market Research of Bajaj A SUMMER TRAINING PROJECT REPORT A SUMMER TRAINING PROJECT REPORT ON ON BAJAJ AUTO PVT LTD. BAJAJ AUTO PVT LTD. PREPARED BY PREPARED BY Pankaj Sankharva (M.B.A. 1 Pankaj Sankharva (M.B.A. 1 st st Year) Year) Chirag Manek (M.B.A. 1 Chirag Manek (M.B.A. 1 st st Year) Year) - 1 -
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Market Research of BajajMarket Research of Bajaj
A SUMMER TRAINING PROJECT REPORTA SUMMER TRAINING PROJECT REPORT
ajaj has a main plant at Pune. Company produce all bike
from its main plant by assembling the parts which is
purchased from different source and manufactured. Bajaj
Auto's have a three plants at Akurdi, Waluj and Chakan in
Maharashtra, western India.
B
Plant Location:
The Bajaj auto’s Three plant located at
1. Mumbai - Pune Road, Akurdi, Pune 411 035
2. Bajaj Nagar, Waluj, Aurangabad 431 136
3. MIDC, Plot No A1, Mahalunge Village, Chakan 410 501
Dist. Pune
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Company utilize this three plant as per its requirement.
Generally company produces a Different Product/Bike from
different plant
1. Akurdi :
Geared scooters, ungeared scooters and Bajaj
Discover
2. Waluj :
Bajaj CT100, Bajaj Wind 125 and three wheelers
3. Chakan :
Bajaj motorcycles - Pulsar and Discover
Company produced 2,194,799 vehicles in 2004-05.
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ajaj Auto has a technical tie-up with Kawasaki Heavy
Industries of Japan to produce a range of the latest,
state-of-art two-wheelers in India. Since the tie-up in 1986 ,
Bajaj Auto has launched KB100, KB RTZ, KB125, 4S, 4S
Champion, Boxer, Caliber, Caliber115, Wind125 and India's
first real cruiser bike, the Kawasaki Bajaj Eliminator .
B
A Fortune 500 company with a turnover of USD 10 billion
(Rs. 45,840 crore), Kawasaki Heavy Industries has crafted
new technologies for over a hundred years. These technologies
have redefined space systems, aircrafts, jet engines, ships,
locomotive, energy plants, construction machinery,
automation systems , apart from a range of high quality, high
reliability two-wheelers.
Kawasaki has given the world its legendary series of 600-
1200cc Ninja and 1600 Vulcan bikes . Straight from Kawasaki
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design boards, the Kawasaki Bajaj Eliminator redefines the
pleasure of "biking" in looks as well as performance
Bajaj Have technology Tie-up with Kawasaki from
1988 to 2003.
2006
15 Apri l Bajaj Platina launched
2005
December Bajaj Discover launched (New)
June Bajaj Avenger launched
February Bajaj Wave launched
2004
Sept/Oct Bajaj Discover DTS-i launched
August New Bajaj Chetak 4 stroke with Wonder Gear launched
May Bajaj CT100 Launched
JanuaryBajaj unvei ls new brand identity , dons new symbol, logo and brand line
2003
October Pulsar DTS-i is launched.
October 1,07,115 Motorcycles sold in a month.
July Bajaj Wind 125 ,The World Bike, is launched in India.
February Bajaj Auto launched i ts Caliber115 "Hoodibabaa!" in the executive motorcycle segment.
2001
November Bajaj Auto launches i ts latest offering in the premium bike segment ‘Pulsar’ .
January The Eliminator is launched.
2000
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The Bajaj Saffire is introduced.
1999
Caliber motorcycle notches up 1,00,000 sales in record t ime of 12 months.
1998
June 7th Kawasaki Bajaj Caliber rol ls out of Waluj.
July 25th Legend, India’s f irst four-stroke scooter rol ls out of Akurdi.
October Spirit launched.
1997
The Kawasaki Bajaj Boxer and the RE diesel Auto rickshaw are introduced.
1995
November 29Agreements signed with Kubota of Japan for the development of diesel engines for three-wheelers and with Tokyo R&D for ungeared Scooter and moped development.
The Bajaj Super Excel is introduced while Bajaj celebrates i ts ten mil l ionth vehicle.
One mill ion vehicles were produced and sold in this financial year .
1994
The Bajaj Classic is introduced.
1991
The Kawasaki Bajaj 4S Champion is introduced.
1990
The Bajaj Sunny is introduced.
1986
The Bajaj M-80 and the Kawasaki Bajaj KB100 motorcycles are introduced.
5,00,000 vehicles produced & sold in a f inancial year.
1984
January 19 Foundation stone laid for the new Plant at Waluj, Aurangabad.
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1981
The Bajaj M-50 is introduced.
1977
The Rear Engine Auto rickshaw is introduced.
Bajaj Auto achieves production and sales of 1,00,000 vehicles in a single f inancial year.
1976
The Bajaj Super is introduced.
1975
BAL & Maharashtra Scooters Ltd. joint venture.
1972
The Bajaj Chetak is introduced.
1971
The three-wheeler goods carr ier is introduced.
1960
Bajaj Auto becomes a public l imited company. Bhoomi Poojan of Akurdi Plant.
1959
Bajaj Auto obtains l icence from the Government of India to manufacture two- and three-wheelers.
1948
Sales in India commence by import ing two- and three-wheelers.
1945
November 29Bajaj Auto comes into existence as M/s Bachraj Trading Corporation Private Limited
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AVENGER DTS-I
Technical specification
Engine : Five Speed, 4 Strock
180 CC
Starting Sys : Kick start
(Elec. Start)
Tank : 14 Litter
Power : 16.5 BHP @8000rpm
ELIMINATOR
Technical specification
Engine : Five Speed, 7 Port
Torque
Starting Sys : Kick start
(Elec. Start)
Max Speed : 110 kmph (solo)
Power : 15.2 BHP @8500rpm
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DISCOVER DTS-I
Technical specification
Engine : Five Speed, 4 stroke,
111.63 cc
Starting Sys : Kick start
(Elec. Start)
Power : 7500rpm
Avg : 101 Km/L
Fuel Tank Capacity:
10 Liters(2.3 Liters of
Reserve
Suspension: (SNS) Spring in
Spring with hydraulic shock
absorbers
Weight : 117 Kg.
Breaks : Drum 130 mm diameter.
PULSAR DTS-I
Technical specification
Engine : Five Speed, 4 stroke,
150 cc / 178.60 cc
Starting Sys : Kick start
(Elec. Start)
Power : 8000rpm (15 BHP)
Avg : 55 Km/L
Fuel Tank Capacity:
18 Liters(2.3 Liters of
Reserve
Suspension: Triple rate spring,
Nitro Shock Observers
Weight : 137 Kg.
Breaks : Drum 135 mm diameter
Silencer : Exhaus TEC
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PLATINA
Technical specification
Engine : Five Speed, 4 stroke,
99.27 cc, S.I. Engine
Starting Sys : Kick start
Power : 7500rpm
Avg : 108 Km/L
Fuel Tank Capacity:
13 Liters(2.3 Litres of
Reserve
Suspension: SNS with hydraulic
shock absorbers
Weight : 113 Kg.
Breaks : Drum 130 mm diameter.
WIND - 125
Technical specification
Engine : Five Speed, 4 stroke,
124.6 cc (Air Cooled
Starting Sys : Kick start
Power : 10.8 BHP
Avg : 65 KM/L
Fuel Tank Capacity:
12.5 Liters(2.3 Liters of
Reserve
Weight : 121 Kg.
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CT – 100
Technical specification
Engine : Five Speed, 4 stroke,
99.27 cc, S.I. Engine
Starting Sys : Kick start
Power : 7500rpm
Avg : 109 Km/L
Fuel Tank Capacity:
10.5 Liters(2.3 Litres of
Reserve
Suspension: Spring in Spring
Weight : 109 Kg.
BOXER
Technical specification
Engine : Five Speed, 4 stroke,
99.35 CC
Starting Sys : Kick start
Power : 7.2 BHP
Avg : 102 KM/L
Weight : 109 Kg.
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CHETAK
Technical specification
Engine : Four gear, 4 stroke,
145.45 cc
Starting Sys : Kick start
Avg : 65 Km/L
WAVE DTS-I
Technical specification
Engine : Single Cylinder, 4 stroke
109.7 CC
Power : 8 BHP @ 7000 Rpm
Fuel Tank : 5 Litres
Weight : 110 Kg.
Suspension: Spring Single Shock
Absorbed & coaxial
spring
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Brand Ambassador:
The Bajaj Auto uses a different Brand Ambassador for each
bike for making a advertisement of its bike. The Bajaj auto
some time uses a Favorite Actor and New model as a Brand
Ambassador .
Mostly Bajaj Auto uses New Model as a Brand Ambassador.
Just one time company uses a Jacky Chain & Hero of Harry
Potter as a Brand Ambassador for a Bajaj Discover DTS-I .
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Punch line:
“Bajaj” has a unique Slogan and Logo , When Rahul Bajaj is
a Managing Director at that time Bajaj’s Slogan is:
Old Slogan : Value for Money for Years.
But after December 2003 , Rajiv Bajaj is a Vice Precedence
and Managing director , He give a New Slogan And Logo to
the company is.
Slogan : INSPIRING CONFIDENCE
Logo : Flying B
The “Bajaj” has a different punch line for each bike . The
following some are the punch line are.
Avenger: Feel Like God
Discover: Discover the Jaadoo.
Pulsar: Definitely Male
Platina: Jhalak Dikhlaja
CT-100: Bike Nahi, Jackpot
Wave: Make way for Happiness
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The Bajaj Auto Has Mainly Three Policy to provide better
satisfaction to his customer
1. Environmental Policy
2. Quality Policy
3. TPM Policy (Total Productivity Maintenance)
1. Environmental Policy:
(Towards creating and preserving a cleaner environment)
Bajaj Auto Ltd., manufacturer of two and three wheeler
vehicles is committed to prevention of pollution.
Towards this, Bajaj shall strive to:
• Create a proactive environment management system
that addresses all environmentally significant aspects
related to products and processes.
• Minimize the generation of waste and conserve
resources Through better technology and practices, and
Promote environmental awareness amongst employees
and motivate them to fulfill this commitments.
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2. Quality Policy:
Bajaj Auto believe in providing the best return value of
money to customer through better product and service.
The Bajaj Auto Provide quality, safety and service as
Productivity.
Quality shall be built into every aspect of work life and
business operations. Quality improvements and customer
satisfaction shall be the responsibility of every employee
3. TPM Policy:
Bajaj Auto adopt Total Productivity Maintenance as a
means of creating a safe and participative work
environment in which all employees target the
elimination of losses in order to continuously enhance
the capacity, flexibility, reliability and capability of its
processes, leading to higher employee morale and greater
organizational profitability.
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ajaj Auto Achieve several national, international
awards form different media, Government, and from
national safety council.
BBajaj Auto Receives Award from, India Trade Promotion
Organisation, ICICI Bank OVERDRIVE Awards, CNBC
AUTOCAR Awards, BBC World Wheels Award and also from
National Safety Council etc.
Here there are Three type of award that Baja Achieve in
different year:
Product Award Year
Bajaj Discover DTS-i - Bike of the Year and Design of the
Year 2005
2005
DTS-i Technology - Auto Tech of the Year 2004 2004
Bajaj Pulsar DTS-i Bike of the Year 2004 2004
Wind 125 Two Wheeler of the Year 2004 2004
Bajaj Pulsar 150 DTS-i BBC World Wheels Award for Best
Two Wheeler between Rs 45,000 to Rs 55,000
2003
Bajaj Boxer AT KTEC BBC World Wheels Award for Best
Two Wheeler under Rs 30,000
2003
Bajaj Eliminator - Most exciting bike of the year 2002
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Export Award Year
All India Trophy for Highest Exporter 19979-98
Focus LAC Award for Outstanding Performance 1998-99
All India Trophy for Highest Exporter 1997-98
Regional Top Exporter - Large Scale Manufacturer 1995-96
All India Special Shield - Consumer Durables 1994-95
Export Promotion 1976
Golden Jubilee Export Year Award 1976
Safety Award Year
Meritorious Performance in Industrial Safety
for three consecutive years
2001
Achieving Lowest Average Frequency Rate 2000-01
Achieving Longest Accident-free Period under Heavy
Engineering Industries Group
1998-99
Longest Accident-free Period 1992
Best Safety Performance 1989
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oday, competition is not only rife but also growing more
intense every year. Competitors are, the companies that
satisfy the same customer need. It is a simple task for a
company to identify its competitors, once a company identifies
its primary competitors, it must ascertain their strategies,
objectives, strengths and weaknesses and reaction pattern.
Whether competitors can carry out their strategies and reach
their goal depends on their resources and capabilities.
Companies’ closest competitors are those seeking to satisfy
the same customers and need and making similar offer. A
company should also pay attention to latent competitors who
may offer new or other ways to satisfy the same needs.
Manager needs to conduct a customer value analysis to reveal
the company’s strengths and weaknesses relative to
competitors.
T
Bajaj’s competitors are:
Hero Honda
Honda
LML
Kinetic
TVS
Yamaha
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Recruitment Policy:
Bajaj Auto give equal opportunity to employee. Selection
is based strictly on individual merit.
A large number of recruits are fresh engineers and
MBAs. Natural attrition is usually taken care of by
promotions and horizontal movements within the
organisation to provide career opportunities for its
employees
Recruitment:
Engineers: Bajaj Auto recruit Engineering Graduates
from reputed institutes from all over India. Bajaj Auto
enjoys an excellent reputation with all National Institutes
of Technology (NITs) and is among the preferred
employers for on-campus recruitment. The selection
process comprises a written test in technical, analytical
and logical reasoning, group discussion and personal
interview.
Management Graduates: Bajaj Auto recruit
management graduates from reputed management
institutes all over India. The selection procedure
comprises a written test in analytical and logical
reasoning, group discussion and personal interview.
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hen a particular company is interested in selling its
goods in the international market it is said to
undertake exports. For a company to increase the size of it s
market it has to first know the likes, dislikes, wants etc of the
customers staying in other countries.
W
The company appoint several person that handle export
division of company. The company appoint different person as
per geographical position.
o Middle East, Africa and Europe
o North and Latin America
o South East Asia
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The Bajaj Auto Has a wide Network of export. In countries
where Bajaj perceive a good market potential, the company
seek a tie up with one of the major industrial establishments,
which would be in a position to invest in the project and which
would also entail manufacturing activities apart from
marketing, distribution and after sales services through a well-
established nation-wide network
Distribution network covers 50 countries
Dominant presence in Sri Lanka, Mexico, Bangladesh,
Columbia, Guatemala, Peru, Egypt, Iran and Indonesia
Largest exporter of three-wheelers; over 75,297 units
exported in 2005-06
250,204 units exported in 2005-06
27 per cent growth in total exports over 2005-06
Growth in Export:
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Bajaj Auto continued to be India’s largest exporter of two
and three wheelers. During 2005-06 , it exported 250,204 two
and three-wheelers—which represented a growth of 27 per
cent over 2004-05 .
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Highlights of the Year 2005-06
Motorcycles sales – 1.91 million – 32% Growth
2 & 3-Wheeler sales – 2.28 Million
25% Growth.
Turnover Rs. 81.06 billion: 28% Growth
compared to last year.
Profit before tax Rs. 15.81 Billion 45% Growth
compared to last year.
Net profit Rs. 11.23 billion – 47% Growth
compared to last year.
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A. During the year a cruiser bike Bajaj Avenger DTS-i and
Bajaj Discover 110cc were launched. Bajaj CT 100 was
upgraded with ExhausTEC and SNSsuspension while
the Pulsar 180 was upgraded in terms of looks.
B. ‘SEGMENT LEADER’ in the performance segment.
Bajaj Pulsar twins crossed cumulative landmark sale of
‘ONE MILLION’ .
C. ‘SEGMENT LEADER’ in the new 125cc category of the
value segment. The Bajaj Discover DTS-i sold over
330,000 vehicles during the year. In the value segment
the new Bajaj Discover 110cc that was launched in
December 2005 sold over 113,000 vehicles . To combat
the intense competition in the value segment and to set
new style benchmarks, a new bike the ‘BAJAJ
PLATINA’ was launched in April 2006 .
D. ‘SEGMENT LEADER’ in the price segment. Bajaj CT
100 sold over ‘ONE MILLION’ vehicles in the current
year.
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A. Motorcycle sales continue to outgrow the industry –
32% growth v/s industry growth of 19%.
B. Market share in Motorcycles improved from 28% in
2004- 05 to 31% in 2005-06.
C. 3-Wheeler sales for the year grew by 14%.
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A. Bajaj Auto continues to be the ‘NUMBER ONE’ exporter
of 2&3-wheelers.
B. Over 100,000, 2&3-wheelers sold in Sri Lanka. Market
leader in Central America accounting for over 50% of
motorcycles sold.
C. Joint Venture Company with majority equity holding to
be set-up in Indonesia in 2006.
D. Sales of Bajaj motorcycles in Iran expected to commence
from July 2006.
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Product For May 2006
Motorcycles 196,120
Geared Scooters 618
Ungeared Scooters 1,307
Total 2 wheelers 198,045
Three Wheelers 24,029
Grand Total 222,074
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ajaj Auto has a wide network in the country. Bajaj Auto
have a more that one Show room in each city. And
dealers provide a vehicle to the customer as per its demand.
The company provide scheme to the dealers and dealers are
very much active to attract customers by providing more and
more scheme and benefits to the customers.
B
The “Bajaj Auto” has a network of 498 dealers and over
1,500 authorized service centers and 162 exclusive three-
wheeler dealers spread across the country . Around 1,400
rural outlets have been created in towns with population of
25,000 and below. The current dealer network is servicing
these outlets.
Bajaj Auto is in the process of setting up a chain of retail
stores across the country exclusively for high-end,
performance bikes. These stores are called
" Bajaj Probiking". One such store has been opened in Pune.
As we conduct Market Analysis of Rajkot City , we just
provide dealers information of Rajkot city that are.