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    SUMMER TRAINING.. PROJECT REPORT ON

    Sales and Market Shares OfVerka milk Plant Bathinda

    A training report submitted in partial fulfillment of

    the requirement for the degree of

    MASTER OF BUSINESS ADMINISTRATION

    (2010-2012)

    . .

    SUBMITTED BY

    LALIT DUBEY.

    ROLL NO: 128

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    BABA FARID COLLEGE OF

    MANAGEMENT

    AND TECHNOLOGY

    DEON (BATHINDA)

    DECLARATIONI hereby certify that the work which is being

    presented in the project entitled

    SALES AND MARKET SHARES OF VERKAMILK

    PLANT BATHINDA in partial fulfillment ofrequirement for the award of degree of M.B.A

    submitted in the DEPARTMENT OF MANGEMENT at

    BABA FARID COLLEGE OF MANGEMENT AND

    TECHNOLOGY BATHINDA under Punjabi University,

    Patiala is an authentic record of my own work

    carried out during a period from 7th

    June To 22thJune under the supervision ofMONHINDER PAL

    the matter presented in this project has not been

    submitted by me in any University/Institute for the

    award of M.B.A degree.

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    Signat

    ure of Student

    This is to certify that above statement made by

    the candidate is correct to the best of my

    knowledge.

    Signature of

    the Supervisor

    PERFACE

    For management careers, it is important to

    develop managerial skills. In order to achieve

    positive and concrete results, along with

    theoretical concepts, the exposure of real life

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    situation existing in a corporate world is very much

    needed. To fulfill this need, this type of practical

    trainings required.

    I underwent summer training in VERKA MILK

    PLANT,BATHINDA. It was my fortune to gettraining in a very healthy company. I got great

    opportunity to view the overall working of the

    organization. In the forthcoming pages, I have

    attempted to present a report covering different

    aspects of my training.

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    5

    ACKNOWLEDMENT

    In a dynamic and complex industrial and marketing

    environme nt, theoretical Concep ts and classroom

    teaching is not enough impart p rofess ional knowledge

    and skills to the future managers. In this regard,I fee l quitindented to m anagement department ofBFGI,BATHINDAfo r

    providing me with tremendous skills and getting me

    exposed to the philosophies and psychologies behind the

    complex corporate world and marketing environment.

    Every venture is made success by active cooperatio n and

    the guidance of the people with it, which has forth coming

    in full during this p roject. W ords cannot be justice to

    sort of cooperation a t this study. So, I feel that this reportwould be incomplete without the thanking the people who

    helped me in completion of training and project report.

    First of all, I wish to express my sincere thanks to

    Mohinder pal Singh general manager for allowing me to

    undergo my training.

    I am heartily to Sh. Baldev S ingh manager of acco unts for

    the ir sincere and devoted guidance during the training. I

    would also , like to thank all employee of account departme ntto complete this report.

    LALIT DUBEY

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    CONTENTS

    Sr. NO Page no.

    1 Dairy Industry in India 7-10

    2 About Milk fed 11-17

    3 Verka milk plant, Bathinda 18-22

    4 Function & hierarchy of

    Marketing section 23-265 Verka products 27-32

    6 Marketing strategies 33-35

    7 Research Methodology 36-50

    8 Findings 51-52

    9 Limitations of Study 53-54

    10 Suggestions & Recommendation 55-56

    11 Conclusion 57-58

    12 Swot Analysis 59-60

    13 Appendix 61-64

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    14 Bibliography 65-66

    CHAPTER-I

    INTRODUCTION

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    INTRODUCTIONIndia has retained its number one position as worlds largest milk producing country by

    pushing the United States to second position. This is the ninth year in a row that India enjoys the

    numerous Uno statuses in milk production. Indias milk production grew almost 4.2% as against

    the worlds average growth of less than 1%.

    In India, milk has a special role to play for its many nutritional advantages as well as

    providing income to some 70 million farmers in cover 500,00 remote villages. Countrys output

    now covers 100 million tones and is valued at nearly 2 lakh crore Rupees. In spite of being the

    worlds largest milk producer; Indias milk processing industry is not very large. Only 12% of

    milk delivered to dairies as against the world average of 70%.

    Bulk of Indian milk is utilized for drinking or in the unorganized sector for makingsweets or other traditional products. India retains position as Worlds top Milk Producer. The

    value of out from dairy sector increased to Rs. 5, 00.510 million in 1994-95 from Rs 2, 75,080

    million in 1990. As per 1992 livestock census, the country has about 62.90 million breed able

    cows and 42.46 million breed able buffaloes.

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    There has been a major a improvement in milk production which increased 17 million ton

    in 1951 to 70.1 million ton 1997 and the growth was maximum between 1980 a In 1990 under

    the aegis of NDDA, Operation Flood program me was launched to modernize the dairy sector

    and flood the four metro cities with from dairy cooperatives. By the end of 1996-97, 74,383

    village producers cooperatives were organized in 264 districts with an average rural milk

    procurement of 12.26 million liters per day.

    Another step was taken in 1989, to augment rural income by lunching Technological Mission on

    Dairy Development, which aims at applying modern tech to improve productivity, reduce cost of

    operation and thus ensure grater availability of milk and dairy products.

    Milk procurement and processing

    The organized dairy sector is presently handling only 10-12% of total milk production in

    the country.

    The target and achievements of milk production, procurement and processing in co-

    operative sector by the end of VIII five year plan are given in Annexure II.

    Thus it indicates, there is a wide scope for processing of milk and manufacture milk

    export products for domestic consumption as well as.

    Export performance

    Dairy products from one the fastest growing segment in the livestock produce export.

    The major products exported are malted milk food, ghee and cheese to the countries like

    Bangladesh, USE, Nepal, Sri Lanka, Bahrain and Oman.

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    Export potential and marketing

    Bangladesh, UAE. Nepal, Sri Lanka and Oman are the potential countries for export of

    malted milk products, butter and ghee. The export of milk and products to currently excising

    markets would increase to Rs. 285 million and to new markets to Rs. 155 million. Thus export is

    likely to tock Rs.440 mullion by the turn of the century.

    The GATT agreement further gave a boost to the dairy industry, as India has a comparative

    cost advantages in regard to milk production. NABARD has been actively involved in credit

    disbursement in a number of schemes in dairy sector. It also encourages development of new

    products through its Research and Development Fund besides guiding various entrepreneurs in

    new areas business and technology.

    Overview of the Indian Dairy Sector

    The country is the largest milk producer all over the world, around 100 million. MT Value

    of output amounted to Rs. 1179 billion (in 2004-05) 1/5th of the world bovine population of

    Mitch animal (45% indigenous cattle, 55% buffaloes, and 10% crore bred cows) immensely low

    productivity, around 1000 kg/year (world average 2038 kg/year) Large no. of unproductiv

    Animals, low genetic potency, poor nutrition and luck of services are the main factors for the

    low productivity11

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    There are different begins- developed, average, below average (eastern states of Orissa

    Bihar and NE region) in the dairy industry.

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    CHA PTER- II

    ABOUT MILKFED

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    HISTORY OF ORGANISATION

    Milk fed is not an unknown name for the people of Punjab. It is very popular among the

    people. There is a very long history behind this popularity.

    In 1959, a village named Verka near Amritsar, Chief Minister of Punjab Sardar Par tap

    Singh Kairon established a Dairy Development Corporation for safeguards of farmers and

    increase dairy business.

    After some times four more milk plants were established i.e. in Chandigarh, Mohall,

    Ludhiana and Bathinda. There after it progressed and the number of milk plants roses to 8 plants

    up to 1980.

    Before 1981 it is fully under the control of Punjab Govt. But after it in 1981 the Govt. has

    developed its name from Punjab State Co-operative Milk Producers Union Ltd. into MILKFAD

    Punjab.

    All the plants were controlled by Head Office which is established at Chandigarh. Only one

    balance sheet was prepared for al plants in Punjab and Profit & Loss for all the plants was

    prepared collectively. But in 1981 all plants started to make their own Balance Sheet was

    adopted and presently is in continue.

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    Milk F ed , Punjab

    The Punjab State Cooperative Milk Producers Federation Limited popularity known as

    MILKFED Punjab, came into existence in 1973 with a twin objective of providing remunerativemilk market to the milk producers in the state by value addition and marketing of produce on one

    hand and to provide technical input to the milk producers for enhancement of milk production on

    the other hand.

    Although the federation was registered much earlier, but it came to real self in the year 1983

    when all the milk plants of the erstwhile Punjab Dairy Development Corporation Limited were

    handed over to Cooperative sector and the entire state was covered under Operation Flood it give

    the farmers a better deal and our valued customers better products.

    Today, when we look back, we think we have fulfilled the promise to some extent. The setup of

    the organization is a three tier system, milk producers cooperative societies at the village level,

    milk unions at district level and federation as an apex body at state level. MILKFED Punjab has

    continuously advanced toward its coveted objectives well defined in its byelaws.

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    OBJECTIVES OF MILKFED

    # To carry out activates for promoting production, processing and marketing of milk

    products for economic development of the farming community.

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    To purchase and erect buildings, plants, machinery and other ancillary equipment to

    carry out business

    To study problems of mutual interest related to production, procurement and marketing

    of dairy and allied products;

    To purchase commodities from the member and deal with non-member for marketing,

    dairy and allied products subject to such conditions as may be decided by the board from

    time to time;

    To establish necessary arrangement for transfer of milk, allied milk products and

    commodities;

    To market its products under its own trade name with its member unions

    trade mark

    ACHIEVEMENTS

    MILKFED is providing tech input services like animal healthcare, supply of quality cattle

    feed, fodder seeds etc. at the door steps of dairy farmers under productivity enhancement

    program me.

    For producing quality tech services MILKFED has established its own two cattle feed

    plants having capacity of three 100 metric ton per day.

    Dairy farmers are being encouraged to produce quality milk under the clean milk

    production programmers the bacterial counts in raw milk at diff stages.

    During the last 3 year, 8 milk plants and 2 cattle feed factories if milk fed, Punjab was

    accredited with iso-9002 and iso-15000 certification.

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    In view of todays interest of consumer is getting quality and safe products, MILKFED is

    manufacturing quality milk and milk as per international standards and also exploring the

    possibility of manufacturing milk products of consumers choice.

    MILKFED introduced liquid milk in new design packing with Mnemonic Symbol of co-

    operative milk in all the District Milk Unions.

    MILKFED has launched its own interactive Website on Internet for its prospective

    customer which can be accessedby clicking http//www.milkfed.nic.in

    The turnover of MILKFED, Punjab during the year 2006-07 was arrived at R s.725 crore.

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    EXTENSION OF THE BRA ND

    After winning faith if innumerable consumers, Verka did not stop. Changing

    times brought new trend, needs, tastes and hopes. Verka, dynamic as ever

    too acquired newer forms of adding values to milk and milk products. Apart

    from introducing new variants of UHT long shelf life and SFM in carry away

    bottles, milk fed has a plan to add more variety in diff flavors and

    packinginges is available in the market .Many new products are in pipe line.

    EXPORT OF MILK PRODUCTS

    Verka brand has reached in foreign market also.

    Milked has established its ghee market in Middle East .Verka Ghee reaches all the

    emirate and is available almost in all super markets. In addition to Dubai, Saudi Arabia, Muscat,

    Australia and Japan, Verka Ghee is exported to New Zealand also.

    TUROVER

    The annual turnover of milk fed which were rs.931 corers in the year 2007-

    08 has hit the level of Rs. 1150 crore in the year 2008-09

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    VISIO N OF MILKFED, PUNJAB

    Under its vision -2005 plan the number of milk producers Co-operatives Societies

    will increase to 8000 and membership to 4.75 lakhs. To improve the quality of milk are village level, it has been planned to provide milk

    bulk cooling unit in all the MILKFED areas in a phased manner.

    To bring transparency in all the milk collection, fat testing and payment, electronic

    milk-o-tester & automatic milk collection centers will be providing at village leve

    Dairy Cooperative Societies.

    Expansion of existing ice cream manufacturing capacity and set up additional ice

    cream plant at Jalandhar.

    Providing improved tech input services to farmers.

    Setting up big commercial farms.

    More stress on clean milk production program me.

    Rural woman empowerment

    Massive modernization of process and operations

    Sterenghthing market base with specific stress on consumer market.

    To launch new value added milk products including long shelf life planner etc.

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    CHAPTER III

    VERKA MILK PLANT

    BATHINDA

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    Milk Plant Bathinda

    Milk Plant Bathinda was commissioned in September, 1974 with a total of Rs.1.6 crore by the

    Pb. Dairy Dev. Corporation limited.

    It was one of the select co-operative that were covered under the operation flood-1 program me

    subsequently on 1st March 1980, it was handed over by the state Govt. to The Punjab State Co-

    operative milk producers federation ltd.

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    Organization of milk producers operative in the state. Further to this development the milk plant

    was handed over to the bathinda district co-operative milk producers union ltd. On 1st January

    1988. Milk plant set up with a twin objective of providing remunerative milk market to the milk

    producers in this area and also supplies good quality milk product to the consumer at reasonable

    rates and also marketing of milk producers at village level.

    Milk Plant Bathinda

    Milk Plant Bathinda was commissioned in September, 1974 with a total of Rs.1.6 crore by the

    Pb. Dairy Dev. Corporation limited.

    It was one of the select co-operative that were covered under the operation flood-1 program me

    subsequently on 1st March 1980, it was handed over by the state Govt. to The Punjab State Co-

    operative milk producers federation ltd.

    Organization of milk producers operative in the state. Further to this development the milk plant

    was handed over to the bathinda district co-operative milk producers union ltd. On 1st January1988. Milk plant set up with a twin objective of providing remunerative milk market to the milk

    producers in this area and also supplies good quality milk product

    Before the year 1992-93 the milk procurement was in a very bad shape. Milk plant was running

    under capacity. The improvement in milk procurement by 40% was achieved in the year 1994-95

    and the best achievement was made in the year 2000-01 about 42000 cooperative societies. Out

    of them 98% are running on profit.

    Inception

    Milk Production is a very important part the agricultural economy is the state Punjab, Punjab is

    one of the smallest state in Indian union with a total area of 50,362 Sq .Kms which is

    1.5% of the Indian landmass. Dairy Farming is an age-old subsidiary profession inthe rural areas of Punjab; Punjab is second largest milk producing state in India producing

    around 10%of the countrys milk production i.e. 8 million tons annually.

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    First milk plant of the state was setup at Verka near Amritsar

    Milk union ,Bathinda was registered as a society in 1977

    The brand name of milk and milk products was adopted as Verka

    An ISO 9001; 2000, HACCP; 15000 & export certified unit.

    Turnover of milk plant Bathinda is Rs. 55 Cr. Per annum

    The capacity of the plant is 1.00 lac. Liter per day.

    Objectives

    To prove technical inputs like artificial insemination, to improve the breed of animals,

    animals health services, preventive disease treatment and awareness regarding farm

    management etc.

    To provide ISI marks good quality balanced cattle feed and fodder seeds to the farmers .

    Village level cooperative societies were also formed on Anand Pattern. The system was

    run by the farmers, of the farmers and for the farmers.

    To give remunerative prices to farmers and to ensure permanent market for the whole

    year.

    To strengthen dairy sector, Miklfed came into existence in 1978 and simultaneously

    Distt. Milk unions were formed

    Necessity for Production Enhancement

    Milk production in the area increased manifold with the result. Resultantly started

    receiving daily 2.50 LPD of milk.

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    To increase the participation of women 120 exclusively women societies are organized

    with 15300 women members. Through Punjab women dairy project a central Govt.

    sponsored scheme.

    Milk production in the area increased manifold with the result. Resultantly started

    receiving dairy 2.50 Lac LPD of milk and peak procurement 4.5 Lac LPD

    To cater to the increased demand, necessity of expansion of milk plant arose.

    This improved the socio-economic conditions of marginal and poor farmers.

    The profitability of the plant and turnover of the plant improved a lot.

    No. of societies increased from 94 to 751 and its membership from 5400 to 78000. All the societies are in net profit and distributing bonus to its members.

    Quality of milk and milk products

    To improve the quality of raw milk, clean milk Production program started in 650

    villages and resultantly the quality of products increased. Milk plant, Bathinda is one of the milk plants in India dairy Sector to get

    ISO Certification.

    Under ISO Certification and HACCP (IS 15000) Milk Union started export

    of ghee. SMP to gulf countries Philippines, Manila, South Africa

    Singapore, Bangladesh etc. the export is more than 5.5 cr during the last

    year.25

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    To further improve the quality of raw milk union started 365 Automatic

    milk collection stations at village level.

    To meet the challenge of WTO milk union stared TIFAC program with the

    help of ministry of information.

    Bulk milk coolers have been installed at village level to chill the milk on this

    spot and to check bacterial count.

    Further BMC has been approved under central govt. scheme on 75% grant to

    be installed in societies.

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    CHAPTER IV

    FUNCTION &

    HIERARCHY OF

    MARKETING

    SECTION

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    MARKETING DEPARTMENT

    The marketing section plays a vital role in the plant and the union .the marketing section of milk

    plant bathinda is a well functioning section which seals the product produced here under a trade

    name of Verka this marketing section covers following section Punjab as well as in others state

    in Haryana, Rajasthan.

    A. PUNJAB

    1. Bathinda

    2. Mansa

    3. Faridkot

    4. Rampur

    5. Talwandi sabo

    6. Malout

    7. Abohar

    B.HARYANA

    1. Hisar

    2. Sirsa

    3. Rania

    4. Dabwali

    5. Ellenahbad

    C.R AJASTAN

    1. Sangria

    2. Shari ganganager

    CHILING CENTER

    At present six mil chilling centers are function under milk plant Verka.

    The detail of which are as under;

    1. M.C.C, Rampur, 2.M.C.C, Bhagta 3. M.C.C, Talwandi Sabo

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    2. 4. M.C.C.,Badal 5.M.C.C, Bhikhi 6.M.C.C,Sardulgarhd

    ORGNIZATION STRUCTURE

    The marketing department at Verka milk plant, bathinda is one of the major parts of

    whole management. This section is working in a well- designed structure. All the departmental

    activities are well co-ordinate and faithful.

    SALIET FEATURES OF MILK PLANT VERKA

    Supply of liquid milkMilk plant bathinda protects the interest of milk producers as well as the consumer of

    milk and milk products .It is supplying 28,000 liters of milk per day to the urban

    population. Milk plant bathinda supplies fresh, hygienic pasteurized milk. The bathinda

    milk plant produce various kind of milk i.e. full cream ,stander milk tones milk double

    toned milk and other milk products to serve diff segment of consumer market.

    1. Export of ghee

    With the competition in the national market hooting up efforts to export milk product has

    been made. Milk plant has exported 40 mts of ghee to gulf counties in the month ofJanuary and February 2010 which are around value of 3 lac $.

    2. Automatic Khoa Making machine

    Recently an automatic khoa making machine has been installed which can manufacture

    to Mts of Khoa every day which is most hygienic fresh is a base for most of the sweets.

    3. Sweetened flowered milk and Verka Lassi

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    A large numbers of milk bars have been started. In the city of Abhor, Bathinda, Malout,

    Makassar, Moga, Bhagapurana, Mansa and a large network of dealer are also made to

    supply milk and milk products. The demand of sweetened flavored milk and Verka lassi

    has increased manifold.

    4. Milk products

    The milk plant is manufacturing skimmed milk powder, whole powder table butter, ghee,

    panner, Khoa, Nankeen lassi, Kheer and milk cake.

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    5. Quality assurance

    The management of milk plant has adopted especial program on quality since 2 year

    called quality assurance program me in which assured that the final product must come

    out with national and inter national quality norms as per P.F.A standard. The product also

    test various standard laboratories like composite food laboratoiies.hygienic of the plantby army organization the laboratories of mother diary, aggmark and BIS which is a proof

    of guaranteed quality. The quality products are also accepted on international standards

    6. Financial position

    The financial position was very week before 2008-09 which started improving with the

    improvement of milk procurement. The losses were reducing year to year and now a

    stage has come that the union will definitely earn net profit in the year 2009-10.The

    annual loses were incurred to tune of 1.25 to 1.40 crore but in the year 2009-10 after

    wiping out such loses the union has increased at net profit.

    Milk and milk products are prepared as per the norms by pasteurizing the milk and otherrequired process to fulfill the norms as per the market demand. Milk plan also got is -9001; 2000with HACCP and also approved by the export inspection Agency New Delhi for export the milkproducts. Milk products having standard norms of PFA/BIS/EGG MARK & our prescribed

    specification ifinternational standard for export of ghee and milk powder to Dubai,Middle East countries.

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    CHAPTER-V

    INTRODUCTION

    OF

    VERKA PRODUCTS

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    PRODUCT OF VERKA

    Milk fed has formulated company specifications for its milk & milk products

    to provide standard and quality of products to consumers.

    Milk Cheese SFM(Pio)

    Ghee Ice-cream & Sweets Milk Powder

    Curd, Kheer... Butter

    Rasella

    Now Verka has arrived on the sheer strength of its quality, freshness and purity and of course its

    home made taste and its products being of most affordable prices. To people today, Verka is part

    of their daily life.

    1. Liquid Milk Pasteurized Pouch Packed Milk:-

    33

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    It is pouch packed milk. It may be used as such or for milk based preparations. It shall be kept

    under refrigerated conditions. It is packed in half ltr. Pouch. Its length of shelf life is 48 hours

    under refrigerated conditions. It is sold in arid around Bathinda, sunam, dhuri, barnala areas.

    Special distribution control is needed, under refrigerated condition if transported to very long

    distance. Verka Milk Plant is preparing three types of milk pouch:-

    Standardized Milk Toned Milk Double Toned Milk

    2. Milk Powder:-

    Dried Milk or Milk Powder is product obtained by the removal of water from milk by heat or

    other suitable means to produce a solid containing 5% or less moisture. Whole milk, defatted or

    skim" milk may be used for drying. It comes in packing of 200 Gms, 500 Gms. etc. It can bestored for 1 year before use.

    3. Ghee:-

    Ghee may be defined as clarified butter fat prepared chiefly from cow or buffalo milk. The

    product can be used on roti/pranthas or can be used as cooking other material for food. It is

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    preserved at ambient temperature for one year. It is packed on 500 Gms, 2 Kgs., 5 Kgs. & 15

    Kgs. bulk pack in tin. It is sold anywhere in Punjab and abroad also. No special distribution

    control is needed.

    4. Butter: -Butter may be defined as a fat concentrate which is obtaining by churningcream, gathering the fat into a compact mass and then working it. The product obtained from

    cow and buffalo milk or a combination thereof or from cream or curd obtained from cow orbuffalo milk or a combination thereof, with or without the addition of common salt and

    colouring matter. It can be kept under refrigeration for three months. This comes in packs of 10

    Gms. 100 Gms. And 500 Gms.

    5. Lassi:-

    Lassi, also called chhas refers to desi butter milk which is by product obtained when churning

    curd led whole milk with curd indigenous devices for the production of desi butter.

    Verka Lassi is very popular, especially in Punjab and it is also liked by the people of other states.

    It comes in the 200 ml. tetra pack.

    6. SFM:-

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    It is known as sweetened flavored milk or bottle milk. The product used in the form of drinking

    sweet milk. It is preserved at ambient temperature. It is packed in 200 ml. bottle, 200 ml. tetra

    packs. The length of shelf life of product can be held far three months under ambient

    temperature. It is sold in and around Punjab and upcountry market mainly Delhi.

    7. Ice Cream:-

    Ice Cream may be defined as a frozen dairy product made suitable blending and processing of

    cream and other milk products, together with sugar and flavor, with or without color and with the

    incorporation of air during the freezing process. There are mainly three types of Verka Kulfies

    i.e. Malai Kulfi, Choco bar and Mango bar. Malai Kulfi made with milk, malai and

    Crushed nuts. Choco bar contained chocolate and Mango bar kulfi contain mango flavor.

    8. Paneer:-

    Paneer refers to the small sized soft cheese. The product can be consumed as such or can be fried

    and consumed. It can also be used as an ingredient for making Indian Sweets and paneer based

    dishes. It is preserved under refrigerated condition for 20 days from the date of packing. The

    product is packed in poly film bags. The pack size is 200 gms. For consumer pack and 5 Kg.

    Capacity in bulk pack as agreed by contracted buyer.

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    9. Curd/Dahi:-

    Dahi or curd is the product obtained from boiled milk by souring, natural or otherwise, by a

    harmless lactic acid or other bacterial culture. It should have the same percentage of fat and

    solids - not - fat as the milk for which it is prepared.

    10. Raseela:-

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    Raseela is a very popular product of Verka which was launched in 1995. It comes in two flavors

    - i) Mango Raseela and ii) Pine apple Raseela. Mango Raseela is prepared from mango pulp and

    Pineapple Raseela from pineapple pulp. These are coming in 200 ml. tetra pack.

    CHAPTER VI

    MARKETING

    STRATEGIES

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    MARKETING STRATEGIES

    Product Planning;-

    Before entering into the production process, it would be important to understand the likely

    improvement and modification required in the existing products. The production design, color

    and quality ought to be planned as per demand and the taste of the consumers. this would help

    make products acceptable to the population.

    The packing of products should be strong enough to with stand rough handling. The size of

    packing should be smallest than urban retail pack so as to suit the affordability by the rura

    masses.

    Pricing;-

    Price is an important element of the marketing strategy. The role of price becomes more

    significant because of low purchasing powder of Indian population. This favor should be

    considered while pricing the product. For example the price of ghee must be lower than the cost

    of manufacturing ghee are home by milk producers otherwise they would not fine attractive to

    buy from the market. Packing cost of the product should be kept as low as possible.

    Positing of products;-

    The positioning of the product can be done in many ways, for example;- a) Positioning on

    sense of belongingness

    b) Quality leadership

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    c) Low price positioning

    After analyzing the products attributes & studying the rural habits, taste, & life styles, one can

    come up with a proper strategy to position the milk products in rural areas.

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    Distribution Channel Planning;-

    Distribution is a major problem in marketing. In spite of the growing awareness about the

    potential of market most marketing firms have failed to tap it because they could not develop an

    effective distribution system.

    The most of area hardly have any agent. Milk plant has an advantage over the private enterprises

    because of their daily milk collection network of village level. The society works as dealer and

    the secretary of the society becomes a good medium to route the product to the ultimate

    consumer. Gram seva samiti can also be used as sales point by giving them suitable margin.

    Promotional planning;-

    Personal contact of village extension workers and secretly with the producer members also plays

    an important role. Milk van could be painted with advertisements of the brand of the milk plant

    to increase awareness. Because of literacy level in rural areas, media selection becomes a

    problem. Another popular effective rural media is Wall painting which is already done by the

    milk plant authority in case of sale of Verka cattle feed. Propaganda and demonstration vans

    loudspeakers and participation in village fairs & meals help in turning the village into buyers.

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    CHAPTER-VIIRESEARCH

    METHOLOGY

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    RESEARCH METHODOLOGY

    For achieving the objectives of study, survey was conducted. For survey, personal interviews of

    management & worker were undertaken. Personal interviews of official working in milk plantwere selected as the mode of survey to make the study more meaningful & so maximum

    information could be collected. For conducting the personal interview of the worker, a

    questionnaire was made. The questionnaire was structured with open ended & close ended

    questions.

    The shopkeepers were selected as respondent to the question as it was easy to access

    them and they can provide valuable information in bulk and systemize form . We ask from

    them about their taste, preference and which brand they select. We also check their knowledge

    about different milk product, different milk brand, different product made by Verka, and the

    storage condition of milk and milk products.

    USEFULNESS OF STUDY

    The study can useful to the company as they might come to know about the importance

    of brand image and marketing strategies in Verka Milk Plant. Milk plant can also track down the

    various topic and also the new brands entering into the market in dairy industry there market

    share and impact on consumer.

    The study can be of great importance to the company.

    1 SAMPLE UNITS

    Shopkeepers of Bathinda

    2 SAMPLE SIZE

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    I have covered 30 shops

    3 TYPES OF DATA

    I have used primary data & secondary data like as taken from internet. Some data is

    gathering through from questionnaire.

    SOURCE OF DATA

    The relevant data in the subject under the study was collected from the following sources.

    1. Primary data: These data were collected from the shopkeepers of Bathinda.

    2. Secondary Data: The secondary data was collected from internet manuals and existing

    record of the company. Also numbers of books and papers on quality of work-life were

    used.

    TOOLS USED FOR DATA COLLECTION

    The tool for data collection was through interview scheduled for

    shopkeepers by (questionnaire).The schedule was prepared to collect the

    data on areas, where sale of verka product is high. The tools used for

    data analysis include diagrams like piechart, bar graph.

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    ANALYSIS OF INFORMATION

    Q.1 IN HOW MANY MILK BRANDS DO YOU DEAL IN?

    This table and chart show 27 shopkeeper deals in verka and 17 in baba milk and 4 In

    saras and 7 in suddha and 15 in today milk and 2 in others milk.

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    Verka 24

    BABA MILK 18

    SARAS 6

    TODAY MILK 25

    SHUDDH 3

    OTHERS,SPECIFY 1

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    Q.2 WHICH IS THE LEADING BRAND?

    VERKA 12

    BABA MILK 7

    SARAS 3

    TODAY MILK 8

    SHUDH 1

    LEADING BRAND

    THIS table and chart show that 12 shopkeeper tell that verka is leading brand and 7 tell tha

    baba milk is leading brand and 3 shopkeeper are in the favor of saras and 8 tell today milk

    and 1 is tell shudh is leading brand in the market.

    Q.3 WHY DO U PREFER THIS PARTICULAR BRAND OVER OTHER?

    PRICE 2

    QUALITY 10

    TASTE 5

    SERVICE 2

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    REGULAR SUPPLY 4

    ALL 8

    WEIGHTAGE TO DIFFERENT FACTOR

    IN THIS WE CAN SEE that the 33% shopkeeper think quality of verka product is better and

    16% prefer the taste and 13% are like regular supply 6% are satisfied with their service and 6%

    satisfied with price and 26 % says all are good.

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    Q.4 DOES YOU SWITCH OVER TO OTHER BRANDS?

    YES 9

    NO 21

    BRAND SWITCHING

    30% SHOPKEEPRS tell that they will switch over the other brand and 70 % tell that they not

    switch the other brand.

    Q.5 Do you have faith in verka products?

    Yes 24

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    NO 6

    80% shopkeepers say they have faith in verka product and 20% shopkeepers say no

    Q.6 Reason for not like the verka product?

    Price 4

    Supply 3

    Quality 1

    Profit margin 8

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    In above table and chart show us that 4 shopkeepers are not like verka because of price

    and 3 because of supply and 1 for quality 8 said profit margin

    Q.7 Are you aware about of the shelf life of verka product?

    Yes 25

    No 5

    83 % shopkeepers said they are aware about the verka products shelf life and 17% said they are

    not aware.

    Q.8 Are you aware about the storage condition of verka milk?

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    Yes 22

    No 8

    73% tell that they know about the storage condition of verka milk And 27% tell they no know

    about the storage condition of verka milk

    Q.9 Source of awareness to verka?

    Plant 8

    Advertisement 2

    Others shopkeepers 6

    Dealers 10

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    Milk van 4

    From the above table we can see that 8 shopkeepers aware about verka from plant, 2through advertisement, 6 from other shopkeepers, 10 from dealers, and 4 from the milk van

    Q.10 Advertisement of verka is sufficient?

    Yes 4

    No 26

    The above table show that 13% are satisfied with the advertisement of verka and 87% are

    said not satisfied with advertisement.

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    Q.11 which media influence most in advertisement?

    T.V. 5

    Signboard 8

    Banners 9

    Wall painting 2

    Pamphlets 3

    News papers 3

    In the above table we can see that 5 shopkeepers know about verka from T.V.,8 From

    Signboard,9 from Banners, and 2 from wall painting, and 3 from pamphlets ,3 from newspapers.

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    Q.12 how can verka increase its sale?

    Supply on time 5

    Quality 7

    Price 10

    Advertisement 8

    IN above table we can see that 5 shopkeepers think that verka can increase its sale by do supply

    on time, and 7 think by quality, 10 think by price, and 8 think by advertisement.

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    CHAPTER- VIII

    FINDINGS

    RESEARCH FINDINGS

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    Supply of verka product is very good

    Image of verka product is very good

    All product has good quality

    Verka management spend less amount on advertisement

    Good and positive result of the shopkeeper about verka product

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    CHAPTER -IX

    LIMITATIONS

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    LIMITATION OF STUDY

    The research is based on sample size not on whole population.

    The research is based on some shopkeeper not on the whole shopkeeper.

    There is no measure to check out that the information is given by the Shopkeeper is true or

    not.

    Sometime it is difficult to get proper attention of shopkeeper as he is busy with some other

    things at the similar time answering the question. So negligence of shopkeeper may lead to

    some variation in results

    The information provided by the shopkeeper is not definitely true

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    CHAPTER- X

    SUGGESTIONS

    &

    RECOMMENDATION

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    Recommendations

    1) Less Advertisement-:

    There is very less advertisement of the verka brand. They spend only 5% to 8% of the

    total budget on advertisement. So no of shopkeepers have also complained about the

    advertisement of the brand verka.

    2) COMMUNICATION SKILL-:

    Some shopkeeper complaint about the behavior of delivery boys and who take the

    demand on telephone. So they want that company need to provide the proper training that who

    to deal with the shopkeepers and get work.

    3) INCREASE IN PROFIT MARGIN-:

    Shopkeepers are happy with verka product quality. But they are not happy with the price

    of the verka product. The margin of the verka product is less compare to the other brands

    4) EMPLOYEES ARE NOT PERMANENT60

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    Some employees are on contract based for 5 to 6 years. So they not do his full Hard-

    work.

    CHAPTER- X I

    CONCLUSIO

    N

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    CONCLUSION

    Working at verka milk plant, Bathinda gave me an opportunity to apply my skills and

    knowledge, which I had gained previously.

    It gave me an opportunity to see working an organization and to be a part of it

    Marketing Research Project on Products and market share of verka provide me an opportunity to

    deal with real time problems in day working of organization. Working with the other

    management students from various college and university give me a chance to learn a lot from

    them.

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    It was an amazing experience with learning all the way, which helped me to brush up my

    knowledge and skills.

    CHAPTER- XI I

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    SWOT

    ANALYSIS

    SWOT ANALYSIS

    STRENGTH-:

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    1) Good quality product.

    2) BRAND Loyalty among the people for verka product.

    3) Sweet lassi is very tasty.

    WEAKNESS-:

    1) Lack of proper supply.

    2) Price is very high.

    3) Lack of advertisement.

    4) Lack of proper distribution system.

    OPPORTINITIES-:

    1) Proper utilization of available resource to decrease the per unit cost.

    2) Growing demand for milk and milk product.

    3) By product utilization for import substitution.

    THREATS-:

    1) Many other come in market

    2) Liberalization of dairy industry is likely to be exploited by multi-national

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    66

    CHAPTER-XIIIAPPENDIX

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    Q.1 in how many milk brands do you deal in?

    Verka

    Baba milk

    Saras

    Shudh

    Today milk

    Others

    Q.2 WHICH IS THE LEADING BRAND?

    Verka

    Baba milk

    Saras

    Today milk

    Shudh

    Q.3 WHY DO U PREFER THIS PARTICULAR BRAND OVER OTHER?

    Price

    Quality

    Taste

    Service

    Regular Supply

    All

    Q.4 DOES YOU SWITCH OVER TO OTHE BRANDS?

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    Yes

    No

    Q.5 Do you have faith in verka products?

    Yes No

    Q.6 Reason for not like the verka product?

    Price

    Supply

    Quality

    Profit margin

    Q.7 Are you aware about of the shelf life of verka product?

    Yes

    No

    Q.8 Are you aware about the storage condition of verka milk?

    Yes

    No

    Q.9 Source of awareness to verka?

    Plant

    Advertisement

    Others shopkeepers

    Dealers

    Milk van

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    Q.10 Advertisement of verka is sufficient?

    Sufficient

    Not sufficient

    Q.11 which media influence most in advertisement?

    T.V.

    Signboard Banners

    Wall painting

    Pamphlets

    News papers

    Q.12 How much verka increase its sale?

    Supply on time

    Quality

    Price Advertisement

    Any, Feedback

    ..

    .

    Respondents Particular..

    Name:

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    Address:

    .........................................................................................................

    .......................................................

    Contact No

    CHAPTER- XVI

    BIBLIOGRAPHY

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    Bibliography:

    BOOKS-:

    KOTHARI CRS

    WEBSITES-:

    WWW.MILKFED.NIC.IN

    WWW.MILKFED.ORG

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    http://www.milkfed.nic.in/http://www.milkfed.org/http://www.milkfed.nic.in/http://www.milkfed.org/
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    NEWS PAPER-:

    PUNJAB KASARI

    AJIT

    TAJE BATHINDA

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    73

    PERSON-:

    MOHINDER PAL ( Marketing Head Verka Milk Plant Bathinda)

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