A study on the problems related to acceptability of Tata salt in rural market of Himachal Pradesh Under The Guidance Of : Mrs. Nidhi Verma Faculty , PCTE Presented By: Ludhiana Kapil Singh Pathania
Nov 22, 2014
A study on the problems related to acceptability of Tata salt in rural market of
Himachal Pradesh
Under The Guidance Of :Mrs. Nidhi Verma
Faculty , PCTE Presented By: Ludhiana Kapil Singh Pathania
Chemical Industry
Chemical industry : Different products from raw materials through Chemical reactions.
Chemical Industry contributes in :
Textile Industry
Food manufacturing companies.
Pharmaceutical Industry and Health Care Industry.
Packaging Industry.
The Automobile Industry.
Indian Chemical Industry
Inorganic Chemicals.
Drugs and Pharmaceuticals.
Plastics and Petrochemicals.
Pesticides, Fertilizers and other Agro-Chemical Products.
Specialty and Fine Chemicals like Dyes and Paints.
Projects and Expansions
Developing after the country's independence in 1947.
Growing at the rate of more than 10% annually.
Indian Chemical Industry ranks 12th in the world and accounts for 13% of total exports from India.
Accounting for 2% of global output.
Source: Indian Chemical Council
Introduction to Tata Chemicals Limited
Established in 1939 at Mithapur (Gujarat, India).
Businesses- LIFE — living, industrial and farming essentials.
Global reach
Innovation.
Sustainable chemistry:
Vision and Mission
Mission
Serving society through science
VisionThey shall be amongst premier chemical companies.Leveraging science to deliver new and innovative
offerings.Enhancing value to our customers.Delivering superior returns to our shareholders.Leading in corporate sustainability.
The Leadership Team
Board of Directors
Chairman Rattan N Tata.
Vice Chairman R Gopalakrishnan.
Managing Director R Mukundan.
Executive Director Kapil Mehan.
Executive Director and CFO P K Ghose.
Products
Life Essentials
Cooking Soda: Tata Samunder, Fresh Produce.
Salt: Tata Salt, I-shakti, Tata lite.
Tata Swach.
Industry Essentials
Soda Ash.
Sodium Bicarbonate.
Chemicals: Caustic Soda Chlorine Based Products, Bromine Based Products, Gypsum, Phosphoric and Sulphuric acids.
Sodium Tripolyphosphate.
Cement: Tata Sudh.
ServicesServices
Tata Kissan Sansar
Khet Se Call centers
Subsidiaries and Joint Ventures
Brunner Mond.
Magadi Soda.
Khet-Se.
General Chemical Industrial Products (GCIP).
Rallis India.
Manufacturing Plants
Mithapur
Kenya
HaldiaUK
Babrala
STRENGTHS WEAKNESSES
Monopoly Financial Problem
Infrastructure
OPPORTUNITIES THREATS
Rural Markets Growing Local Brands
SWOT Analysis of Training Unit (Himachal Salt Suppliers)
Ratio 2008-2009 2009-2010
Current Ratio 1.46 1.65
Current Ratio = Currents Assets Current Liabilities
RATIO ANALYSIS
Ratio 2008-2009 2009-2010
Liquid ratio 0.57 0.85
Quick Ratio = (Current Asset – Inventory– prepaid expenses) Current Liabilities
Ratio 2008-2009 2009-2010
Liquid ratio 0.36 0.47
Absolute liquid ratio = (Cash and bank Balances) Current Liabilities
Ratio 2008-2009 2009-2010
Debt-Equity
Ratio
0.95 0.68
Debt-Equity Ratio = Debt (Long-Term Loans) Equity (Shareholders Funds)
Ratio (%) 2008-2009 2009-2010
Net Profit Ratio 5.4 8.0
Net Profit Ratio = (Net Profit/ sales) X 100
Objectives
To study the awareness regarding the different attributes related to salt in the rural markets of H.P.
To Study the perception of rural consumers towards Tata Salt.
To study the factors affecting the buying behavior of Salt in the rural markets of H.P.
Research Methodology
Research DesignResearch design is Descriptive research design.
Universe All the consumers of the salt in the rural markets of India.
Population In this research, the population is all the consumers of salt
in the rural areas of Himachal Pradesh.
Sampling unitThe sampling unit consists of every single consumer of the
salt in the rural markets of (kangra region) of Himachal Pradesh.
Sampling sizeThe sample size for my research is 100.
Sampling techniquesconvenience sampling.
Graph 4.1 Iodine is present in the salt (N=100)
Yes No Can't say0
5
10
15
20
25
30
35
40
45Iodine in present in salt
Responses
Table 4.2 Disease is caused by low iodized salt. (N=42)
yes no Don't Know0
5
10
15
20
25
30Responses
Responses
Graph 4.3 Diseases caused by impure and low iodine content salt. (N=26)
Goitre Weakness of bones Low Development of brain and body parts
Problems related to pregnancy
0
0.2
0.4
0.6
0.8
1
1.2
Diseases cause by low iodized salt
Average
Graph 4.4 Different brands of salt present in market (N=100)
Tata Salt Shudh Salt PDS salt Taza Salt Open Salt Any other0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9Awareness regarding brands in the market
Average
Graph 4.5 Differentiation between Tata Salt and other brands. (N=62)
Affordable Price Good Quality Easy Availability
-0.6
-0.4
-0.2
0
0.2
0.4
0.6
0.8Differentiation between Tata salt and other brands
Mean
Graph 4.6 Ranking of the preferences given to different attributes while purchasing the salt. (N=100)
price quality Availability Shopkeeper's preference
Brand Name0
1
2
3
4
5
6Ranking of the preferences
Rank
Graph 4.7 Purchase behavior regarding a particular brand (N=100)
Switchers Hard core loyal Soft core loyal0
10
20
30
40
50
60
70
80 Purchase behaviors a particular brand
responses
Results and FindingsMost of the people in the rural areas are not aware about
the iodine as the major constituent of salt.
Among the people who are aware about the iodine, many don’t know about the diseases caused by the low iodine content of salt.
Most of the people in the rural areas consider Tata salt as a costlier product than other brands.
There are people who say that it is not easily available in the market. So there can be problem of distribution channel in the rural areas.
Many of them can’t differentiate Tata salt from other brands on the quality and purity.
Most of the people buys the salt, as preferred by the shopkeeper or considers price while buying the salt. Very few are there who differentiates the salt on the basis of the level of quality.
Most of the people in the rural areas are switchers and does not stick to a particular brand. Only few hard core loyal are there.
SuggestionsCamps should be organized by the company in the rural
areas creating awareness regarding the purity of the salt.
The company should try to organize the street plays creating awareness regarding the diseases caused by the impure or low iodine content salt.
POP (Point of Purchase) should be pasted in the shops of retailers on the regular basis creating awareness about the Tata salt.
The word of mouth plays an important part in the rural areas, through shopkeeper so the shopkeepers should be made aware about the diseases caused by impure salt.
The distribution channel should be made strong.
The company should make the price of salt more
competitive.
Rural Marketing
Thank you