a study of market positioning of tata nano2

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    RESEARCH PROJECT REPORT ON

    A STUDY OF MARKET POSITIONING OFTATA NANO

    SUBMITTED FOR THE PARTIAL FULFILLMENT OF THEDEGREE OF

    MASTER OF ENTREPRENOURSHIP AND FAMILYBUSSINESSOf

    PUNJAB UNIVERSITY

    By BALDEEP DARAROLL NO.10557

    MEFB 2ND SEMESTER

    UNDER THE SUPERVISION OF DR. S.K.SHARMA

    G.G.D.S.D COLLEGE SEC32CHANDIGARH

    2008-09

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    C !"#$#%&" '$ S() !*#+'!

    This is t !"#tify th$t MISS B$%&""' D$#$ R %% N ()*++, h$s ! -'%"t"& th" #"s"$#!h '# ."!t tit%"& ,A STUDYOF MARKET POSITIONING OF TATA NANO /0&"#-y s/'"#1isi 0 i0 '$#ti$% f/%fi%%-"0t f th" MASTER OFENTREPRENOURSHIP AND FAMILY BUSSINESS &" #""Of P/0.$3 /0i1"#sity4444444444444444

    DR.S.K.SHARMA

    D$t"5

    P%$!"5

    F'! &!/ / $'! *& (&"#' "4 D &

    D & 6+ S# &"(!

    S & '$ "4 D &

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    D % &!&"#'

    I6 h"#"3y &"!%$#" th$t th" #"s"$#!h '# ."!t #"' #t tit%"& ,A STUDY

    OF MARKET POSITIONING OF TATA NANO, is -y 70

    #i i0$% #"s"$#!h 7 #8 $0& this #"' #t h$s 0 t 3""0 s/3-itt"& t $0y

    U0i1"#sity9I0stit/t" f # th" $7$#& f $0y '# f"ssi 0$% &" #"" #

    &i'% -$(

    :BALDEEP D$#$;

    M(E(F(B :2 th S"-(;

    G(G(D(S(D

    COLLEGE

    SEC6

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    ACKNO LEDGEMENT

    A P# ."!t #"' #t is $0 $ss"ss-"0t f 0"=s #"$t s8i%% $0& $'tit/&"(

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    M"0t # D!. S.K.SHARMA : f # his i--"0s" "0! /#$ "-"0t6 /i&$0!" $0&

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    N$0 f # i1i0 i0 th"i# i01$%/$3%" ti-" $0& 3"i0 $ '$#t f th" s/#1"y(

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    TABLE 0F CONTENTS

    S!. N'. TOPIC PAGE NO.

    1. E; %("#* S(. R + &!%4 M "4'/' ' 32-35

    R + &!%4 / +#

    S"&" < " '$ "4 )!' ' #t '# &/!ts $0&

    s"#1i!"s t ?+ ! /0t#i"s(

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    Th" T$t$ f$-i%y f ! -'$0i"s sh$#"s $ s"t f fi1" ! #" 1$%/"s5 i0t" #ity6

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    PURPOSE OF TATA GROUP

    LEADERSHIP ITH TRUST

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    ! 0s/-"#s6 "-'% y""s6 sh$#"h %&"#s $0& th" ! --/0ity( This h"#it$ " is

    3"i0 ! 0ti0/ /s%y "0#i!h"& 3y th" formali%ation of the high

    standards of !eha"ior e&pected from employees and

    companies.

    Th" T$t$ 0$-" is $ /0i /" $ss"t #"'#"s"0ti0 %"$&"#shi' 7ith t#/st( L"1"#$ i0

    this $ss"t t "0h$0!" G# /' sy0"# y $0& 3"! -i0 % 3$%%y ! -'"titi1" is th"

    # /t" t s/st$i0"& # 7th $0& % 0 t"#- s/!!"ss(

    FI E CORE ALUES

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    I " !#" ' (e must conduct our !usiness fairly, with honesty

    and transparency. )"erything we do must stand the test of

    pu!lic scrutiny.

    U / !+"& /# (e must !e caring, show respect,

    compassion and humanity for our ! %%"$ /"s $0& !/st -"#s $# /0&th" 7 #%&6 $0& $%7$ys 7 #8 f # th" 3"0"fit f th" ! --/0iti"s 7" s"#1"(

    E;% % (e must constantly stri"e to achie"e the highest

    possi!le standards in our day*to*day wor+ and in the uality

    of the goods and ser"ices we pro"ide.

    U #" (e must wor+ cohesi"ely with our colleagues across

    the #roup and with our customers and partners around the

    world, !uilding strong relationships !ased on tolerance,

    understanding and mutual cooperation.

    R +)' +# # #" (e must continue to !e responsi!le, sensiti"e to the

    countries, communities and en"ironments in which we wor+, alwaysensuring that what comes from the people goes !ac+ to the people

    many times.

    TATA GROUP COMPANIESTh" T$t$ f$-i%y f "0t"#'#is"s ! -'#is"s @? ! -'$0i"s i0 s"1"0 3/si0"ss

    s"!t #s( This s"!ti 0 %ists $%% th"s" ! -'$0i"s /0&"# th" s"!t #s i0 7hi!h th"y

    '"#$t"(

    SE EN BUSINESS SECTORS AS A FAMILY PRIDE

    I0f #-$ti 0 syst"-s $0& ! --/0i!$ti 0s5

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    T4 T&"& !'() 4&+ - +"& #+4 / " !)!#+ + # "4 $# /+ '$ +'$" &!

    & / '"4 ! # $'!

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    TATA MOTORS PROFILE

    T$t$ M t #s Li-it"& is I0&i$ s %$# "st $/t - 3i%" ! -'$0y6 7ith #"1"0/"s f

    Rs(

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    TATA NANO

    LAKHTAKIA

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    Tata 0$0 NANO

    The ONE lakh that car drives ONEbillion dreams

    Th" i0t# &/!ti 0 f th" T$t$ N$0 #"!"i1"& -"&i$ $tt"0ti 0 &/" t its t$# "t"&

    % 7 '#i!"( Th" Fi0$0!i$% Ti-"s #"' #t"&5 KIf "1"# th"#" 7"#" $ sy-3 % f

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    "0 i0""#i0 6 th" 262** :Q)6 @*6 )6)? ; T$t$ N$0 "0!$'s/%$t"s th" "$- f

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    R$t$0 T$t$6 Ch$i#-$0 f th" T$t$ G# /' $0& T$t$ M t #s6 7h h$s &"s!#i3"&

    it $s $0 "! f#i"0&%y K'" '%" s !$#K( T$t$ N$0 h$s 3""0 #"$t%y $''#"!i$t"& 3y

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    "%"!t#i! 1"#si 06 $0&6 3"si&"s s"%%i0 th"- i0 I0&i$6 t $%s ">' #t th"-

    7 #%&7i&"(

    T&"&6+ T&"& N& ' A

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    D"si 0"& 7ith $ f$-i%y i0 -i0&6 th" T$t$ N$0 h$s $ # -y '$ss"0 "#! -'$#t-"0t 7ith "0"# /s %" s'$!" $0& h"$& # -

    C$0 ! -f #t$3%y s"$t f /# '"#s 0s( F /# & #s 7ith hi h s"$ti0 ' siti 0 -$8" i0 #"ss $0& " #"ss "$sy

    ith $ %"0 th f

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    Th" hi h f/"% "ffi!i"0!y $%s "0s/#"s th$t th" !$# h$s % 7 !$#3 0&i >i&" "-issi 0s6 th"#"3y '# 1i&i0 th" t7i0 3"0"fits f $0 $ff #&$3%"

    t#$0s' #t$ti 0 s %/ti 0 7ith $ % 7 !$#3 0 f t'#i0t(

    NE PRODUCT DE ELOPMENT PROCESS OFTATA TATA NANO

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    Idea generation

    ,RATAN TATA +&$&

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    IDEA SCREENING

    BETTER IDEA

    COMPANY CAPABILITY TO PRODUCE ANDMAR ET THE PRODUCT4444444

    NATURE AND ANTS OFBUYER444444((

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    OMMERCIALISATIO

    TEST MAR ETING

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    COMMERCIALISATION

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    S OT ANALYSIS FOR TATA TATA NANO

    STRENGTHS EAKNESSES C4 &) +"

    E%' $!# /

    F( $$#%# % & /

    #

    S" #+4

    OPPORTUNITIES THREATS

    L'

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    COMPARISON TO ITS NEAREST

    RIVALS

    Brand Model Variant Enginecylinder

    CC power AC Price(Lakhs)

    TATA NANO BASIC 2 E2<

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    STP OF TATA TATA NANO

    S < "&"#' V$#i$3%" Us"&

    G ' !&)4#% 5 #/#$% $0& /#3$0

    D "& 3y TATA # /'6

    it 7$s th" '!/ '$ "& th$t #$0 "(

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    $#" f %% 7"&5

    T&! " %'+"# < "4'/

    P "!&"#' )!#%#

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    L' )!#%# )' #% #"4 ' 2**?6N"7 D"%hi G"0"1$

    P/3%i!ity th# / h '#i0t "%"!t# 0i! -"&i$

    Si0 /# 1i %$ti 0(

    F # th"# ty'" f '# - ti 0$% $!ti1iti"s 6! st f$!t # th$t is ) %$8h '#i!"t$ is t 3" 8""' i0 -i0&6 TATA is i0 t %$/0!h its T$t$ N$0

    - 3i%" f # i0&i! - /s"#6 T$t$ N$0 7$t!h"s 6 T$t$ N$0 T shi#ts

    $1$i%$3%" i0 "stsi&" st #"s (

    A&1"#tisi0 5 TV th"# -$ss -"&i$ 7i%% 3" %"ss "ff"!ti1"6 th/s t

    -/!h - 0"y 7i%% 0 t 3" i01"st"& i0 this #" $#& ( M$i0%y 7 #& f

    - /th $&1"#tisi0 7i%% "t - #" "-'h$sis(

    I0t"#0"t 7i%% 3" $ -$. # -"&i$ f # $&1"#tisi0 (

    O # ( 5 T$t$ N$0 h$s 0" 3"y 0& th" t#$&iti 0$% -"th &s f

    $&1"#tisi0 $0& '# - ti 0 0%i0" (

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    S'%#& M /#& %'

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    CHAPTER-3

    RESEARCH

    METHODOLOGY

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    RESEARCH METHODOLOGY

    3.1 RESEARCH DESIGN

    R"s"$#!h D"si 0 is th" $##$0 "-"0t f # &$t$ ! %%"!ti 0 $0$%ysis f &$t$ i0 $

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    3"!$/s" st/&y is f !/s"& 0 f$!t fi0&i0 i01"sti $ti 0 i0 $ 7"%% st#/!t/#"& f #-

    $0& is 3$s"& 0 '#i-$#y &$t$(

    3.2 STATEMENT OF PROBLEM

    Th" - st $7$it"& !$# h$s 3""0 #"!"0t%y %$/0!h"& 3y th" T$t$ M t #s 0$-"&

    T$t$ N$0 ( Th" '#i!" f !$# ! -"s 7ith i0 th" #"$!h f -i&&%" !%$ss '" '%"6 S

    $ft"# %$/0!hi0 f $ff #&$3%" !$# th" -i&&%"-"0=s "$-s t h$1" $ !$# is

    i0 t 3" f/%fi%%"& $0& th" 3."!ti1" f st/&y is t 80 7 th" '"#!"'ti 0s f

    th" &iff"#"0t !/st -"#s t 7$#&s T$t$ N$0

    3.3 OB ECTI ES OF THE STUDY T 80 7 th" ! 0s/-"#=s '"#!"'ti 0 f ,TATA NANO (

    T fi0& /t th" !/#i sity %"1"% f '" '%" f # TATA NANO (

    T fi0& /t th" $ttit/&" f '" '%" t 7$#&s ,TATA NANO

    T 80 7 $3 /t th" f$!t #s $ff"!ti0 th" '/#!h$s" &"!isi 0 f

    TATA NANO .

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    T 80 7 h 7 '/#!h$s" &"!isi 0 f ,TATA NANO 1$#i"s i0

    &iff"#"0t $ " # /'s(

    T 80 7 $3 /t th" i-'$!t f TATA TATA NANO 0 th" s$%"s

    f t7 7h""%"#s(

    T fi0& /t f/t/#" ' t"0ti$% f # TATA NANO

    .1 S&

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    C 0s/-"# 3"h$1i #

    M$#8"ti0

    3.9 LIMITATION OF THE STUDY

    A%th / h th" si0!"#" "ff #ts h$1" 3""0 & 0" t ! %%"!t $/th"0ti! $0& #"%"1$0t

    i0f #-$ti 06 th" st/&y -$y h$1" th" f %% 7i0 %i-it$ti 0s5)( H&!/ E '( 4 T' F "%4 I $'!

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    CHAPTER

    ANALYSISAND

    INTERPRETATION

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    .N.1 HAT IS THE FIRST THING: HICH COMES TO YOUR

    MIND HEN YOU THINK ABOUT TATA NANO

    ANS ER

    Th" fi#st thi0 $3 /t TATA NANO6 7hi!h ! -"s t th" -i0& f $%% $ " # /'

    :-$%" $0& f"-$%"; is ,%'

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    FIGURE 1

    .N. 2 INSTEAD OF PURCHASING A BIKE: ILL U PREFER TOGO FOR THE TATA NANO6

    TABLE 2 A FEMALE

    AGE YES J NO J CAN T SAY J2* 2+ +

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    1

    -

    .

    /

    0

    2

    3

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    AGE

    RESPONSEIN%

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    1

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    AGE

    R E S P O N S E I N

    5)6789

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    C

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    AGE PRICE DESIGN MILEAGE

    INTERIOR

    SPACE

    ALL THE

    ABO E

    CAN T

    SAY2* 2+ *(

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    2

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    SECONDCAR

    FAMILYCAR TA I GIFT OTHER

    2* 2+

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    2

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    2* 2+ )(+ )+(

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    2

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    2

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    TABLE 9 A FEMALE

    AGE 1-2 MONTHS2->

    MONTHS>-@

    MONTHSCAN TAIT

    2* 2+ ),( 2*( <

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    AGE 1-2 MONTHS2->

    MONTHS>-@

    MONTHSCAN TAIT

    2* 2+ 2)(+

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    TABLE 10 A FEMALE

    AGE YES J NO JCAN T

    SAY J2* 2+ (,

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    .N.11 ILL TATA BE ABLE TO MAINTAIN THE PRICE OF TATANANO IN FUTURE IF THERE IS HIKE IN COST OF RAMATERIALS

    TABLE 11 A FEMALE

    AGE YES J NO JCAN T

    SAY J2* 2+ )2(,

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    TABLE 11 B MALE

    AGE YES: ; NO: ;CAN TSAY: ;

    2* 2+ 2 ()+

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    .N.12 HO ILL YOU FEEL IF TATA NANO IS USED AS A

    TA I

    TABLE 12 A FEMALE

    AGE EMBARRASS DON T CARE CANT SAY2* 2+ ,( 2 < (@2 ),(2

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    .N.13 ILL THERE BE TRAFFIC PROBLEM ITH THEINTRODUCTION OF TATA NANO ON INDIAN ROADS

    TABLE 13 A FEMALE

    AGE YES J NO JCAN T

    SAY J2* 2+ @(2) 2?(+, 22(222

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    TABLE 13 B MALE

    AGE YES J NO J CAN TSAY J2* 2+ ++(

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    .N. 1> CAN YOU TRUST TATA NANO FOR SAFETY

    TABLE 1> A FEMALE

    AGE YES J NO JCAN T

    SAY J2* 2+ 22(22

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    TABLE 1> B MALE

    AGE YES J NO JCAN T

    SAY J2* 2+ )

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    CHAPTER-5

    FINDINGS

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    CHAPTER -@

    SUGGESTIONS

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    CHAPTER-7

    CONCLUSION

    CONCLUSION

    T$t$ M t #s ">'"!ts t7 7h""%"# #i&"#s t 3/y th" !$# th$t ! sts h$%f $s -/!h

    $s th s" !/##"0t%y i0 th" -$#8"t( ith ./st ? '" '%" i0 )6*** 70i0 $ !$# i0

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    I0&i$6 th"#" is h/ " ' t"0ti$% t /' #$&" 3i8" $0& s! t"# 70"#s 7h 3 / ht

    $3 /t , -i%%i 0 t7 7h""%"#s i0 2** *,(

    Th" #"s"$#!h #"s/%ts sh 7 th$t T$t$ N$0 7i%% h"%' th" ! -- 0 -$0 shift

    f# - t7 7h""%"#s t f /# 7h""%"#s( KIt is $ '# /& - -"0t f # I0&i$( It

    &"- 0st#$t"s I0&i$ s t"!h0 % i!$% $0& "0t#"'#"0"/#i$% $3i%ity( Th" !$# 7i%%

    h"%' '" '%" - 1" f# - t7 7h""%"# t f /# 7h""%"# $0& it 7i%% %"$' f# th"

    t7 7h""%"#( It f/%fi%s th" 0""& f th" ! -- 0 I0&i$0 7h $s'i#"s t - 1"

    f# - $ t7 7h""%"# t $ f /# 7h""%"#(

    N & /3t6 th"#" is 3#i ht f/t/#" f T$t$ N$0 3"!$/s" f & ' t"0ti$%( It is

    $%s $ !h$%%"0 i0 f$!t th$t th" th"# $/t - 3i%" ! -'$0i"s $#" &"!i&i0 t

    ! -" i0 -$#8"t 7ith s$-" '#i!" #$0 " 3/t T$t$ h$s '' #t/0ity t t$8" th" fi#st

    - 1"# $&1$0t$ "(

    D/" t hi h '/3%i!ity th" $7$#"0"ss %"1"% $3 /t th" T$t$ N$0 is 1"#y -/!h(

    Th" !/#i sity %"1"% is 1"#y hi h 3"!$/s" f 1"#y #"$s 0$3%" #$0 " "1"0 th$t it

    ! -"s i0 #$0 " f % 7"# -i&&%" !%$ss f$-i%i"s( Th" '/#!h$s" &"!isi 0s 1$#y

    $!! #&i0 t $ " # /' $s '" '%" f $ " # /' 2

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    UESTIONNAIRE OF TATA-TATA NANO

    NAME .ADDRESS .

    .

    AGE ... ..

    GENDER .OCCUPATION .

    INCOME .

    )( h$t is th" fi#st thi0 6 7hi!h ! -"s i0t y /# -i0& 7h"0 y / thi08 $3 /tTATA NANO

    (((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((((

    2( I0st"$& f '/#!h$si0 $ Bi8"6 7i%% y / '#"f"# t f # th" TATA NANO

    )( Y"s

    2( N

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    )( R"&

    2( B%/"

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    ?( hi!h s-$%% !$# 7 /%& y / '#"f"# t 3/y

    )( M$#/ti ?**

    2( T$t$ NANO

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    )

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    BIBLIOGRAPHY

    EB SITES

    (GOOGLE(COM(TATAMOTORS(COM(TIMESONLINE(COM(TATATATA NANO(IN(REDIFF(CO

    BOOKS

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    BUSINESS RESEARCH METHODOLOGY BY C(R( OTHARIMAR ETING RESEARCH BY G(C BERIMAR ETING MANAGEMENT BY C(N(SONTA I(

    NE SPAPERS

    TIMES OF INDIAECONOMIC TIMESTHE FINANCIAL E PRESS