marketing research - perception towards tata “nano”

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Report: Perception towards TATA Nano1 TABLES & CHARTS 1. Demographic Analysis Table & Graph 1.1 Gender Table & Graph 1.2 Age Distribution Table & Graph 1.3 Profession Table & Graph 1.4 Income Group 2. Factor Analysis Table 2.1 KMO and Bartlett’s Test Table 2.2 Total Variance Explained Table 2.3 Rotated Component Matrix 3. Awareness of TATA Nano Table & Graph 3.1 Responses over Awareness 4. Acceptance Level of TATA Nano Table & Graph 4.1 Responses over “Liking” and “Plan to Buy” 5 Name Justifies the Product Graph 5.1 Showing Responses over Name “NANO” 6 “Bike” over “NANO” Graph 6.1 Showing responses for “Bike” over “NANO” 7 Feature that inspires the purchasing decision for “NANO” Graph 7.1 Showing responses over the features 8 Preferred Color Graph 8.1 Showing responses over most preferred color 9 Recommendation of “NANO” Graph 9.1 Showing responses over Recommendation of “NANO” 10 NANO as Dream Car Graph 10.1 Showing responses over NANO as Dream Car 11. Cluster Analysis Table 11.1 Final Cluster Centers Table 11.2 No. of Clusters in each case

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  • Report: Perception towards TATA Nano

    1

    TABLES & CHARTS

    1. Demographic Analysis

    Table & Graph 1.1 Gender

    Table & Graph 1.2 Age Distribution

    Table & Graph 1.3 Profession

    Table & Graph 1.4 Income Group

    2. Factor Analysis

    Table 2.1 KMO and Bartletts Test

    Table 2.2 Total Variance Explained

    Table 2.3 Rotated Component Matrix

    3. Awareness of TATA Nano

    Table & Graph 3.1 Responses over Awareness

    4. Acceptance Level of TATA Nano

    Table & Graph 4.1 Responses over Liking and Plan to Buy

    5 Name Justifies the Product

    Graph 5.1 Showing Responses over Name NANO

    6 Bike over NANO

    Graph 6.1 Showing responses for Bike over NANO

    7 Feature that inspires the purchasing decision for NANO

    Graph 7.1 Showing responses over the features

    8 Preferred Color

    Graph 8.1 Showing responses over most preferred color

    9 Recommendation of NANO

    Graph 9.1 Showing responses over Recommendation of NANO

    10 NANO as Dream Car

    Graph 10.1 Showing responses over NANO as Dream Car

    11. Cluster Analysis

    Table 11.1 Final Cluster Centers

    Table 11.2 No. of Clusters in each case

  • Report: Perception towards TATA Nano

    2

    Executive Summary

    The research was conducted to find out the perception of the mass towards TATA Nano. The

    research was done completely for academic purpose for the course Research Methodology. The

    Researchs main objective was to find out the awareness level, acceptance level towards NANO

    and the major factors affecting the purchase of a small car like NANO.

    The research was based on both primary data collected through survey using questionnaire and also

    through secondary data like journals, magazines and articles. Almost 100 respondents were

    interviewed using a structured questionnaire. The data was collected from different areas of

    Bangalore like BTM, Kormangla etc. The data was tabulated using excel sheet. The data analysis was

    done through tables, charts, graphs and some of the statistical tool like factor Analysis, cluster

    Analysis. The software package used for the data analysis was SPSS 14.0.

  • Report: Perception towards TATA Nano

    3

    TATA Group Profile

    The Tata Group comprises 98 operating companies in seven business sectors: information systems

    and communications; engineering; materials; services; energy; consumer products; and chemicals.

    The Group was founded by JRD Tata in the mid 19th century, a period when India had just set out on

    the road to gaining independence from British rule. Consequently, JRD Tata and those who followed

    him aligned business opportunities with the objective of nation building.

    The Tata Group is one of India's largest and most respected business conglomerates, with revenues

    in 2006-07 of $28.8 billion (Rs129,994 crore), the equivalent of about 3.2 per cent of the country's

    GDP, and a market capitalization of $66.9 billion as on February 21, 2008. Tata companies together

    employ some 289,500 people. The Group's 27 publicly listed enterprises among them stand out

    names such as Tata Steel, Tata Consultancy Services, Tata Motors and Tata Tea have a combined

    market capitalization that is the highest among Indian business houses in the private sector, and a

    shareholder base of over 2.9 million. The Tata Group has operations in more than 80 countries

    across six continents, and products and services are exported to 85 countries.

    The Tata family of companies shares a set of five core values: integrity, understanding, excellence,

    unity and responsibility. These values, which have been part of the Group's beliefs and convictions

    from its earliest days, continue to guide and drive the business decisions of Tata companies. The

    Group and its enterprises have been steadfast and distinctive in their adherence to business ethics

    and their commitment to corporate social responsibility. This is a legacy that has earned the Group

    the trust of many millions of stakeholders in a measure few business houses anywhere in the world

    can match.

  • Report: Perception towards TATA Nano

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    TATA MOTORS PROFILE:

    Tata Motors Limited is India's largest automobile company, with revenues of Rs. 32,426 crores

    (USD 7.2 billion) in 2006-07. It is the leader by far in commercial vehicles in each segment, and the

    second largest in the passenger vehicles market with winning products in the compact, midsize

    car and utility vehicle segments. The company is the world's fifth largest medium and heavy

    commercial vehicle manufacturer, and the world's second largest medium and heavy bus

    manufacturer.

    The company's 22,000 employees are guided by the vision to be "best in the manner in

    which we operate best in the products we deliver and best in our value system and ethics." Tata

    Motors helps its employees realize their potential through innovative HR practices. The company's

    goal is to empower and provide employees with dynamic career paths in congruence with

    corporate objectives. All-round potential development and performance improvement is ensured

    by regular in-house and external training.

    The company has won several awards recognising its training programs. Established in

    1945, Tata Motors' presence indeed cuts across the length and breadth of India. Over 4 million

    Tata vehicles ply on Indian roads, since the first rolled out in 1954. The company's manufacturing

    base is spread across India - Jamshedpur (Jharkhand) in the east, Pune (Maharashtra) in the west,

    and in the north in Lucknow (Uttar Pradesh) and Pantnagar (Uttarakhand). A new plant is being

    set up in Singur (close to Kolkata in West Bengal) to manufacture the company's small car. The

    nation-wide dealership, sales, services and spare parts network comprises over 2,000 touch

    points. The company also has a strong auto finance operation, TML Financial Services

    Limited, supporting customers to purchase Tata Motors vehicles.Tata Motors, the first

    company from India's engineering sector to be listed in the New York Stock Exchange (September

    2004), has also emerged as an international automobile company. In 2004, it acquired the

    Daewoo Commercial Vehicles Company, Korea's second largest truck maker. The rechristened

    Tata Daewoo Commercial Vehicles Company has launched several new products in the Korean

    market, while also exporting these products to several international markets. Today two-thirds of

    heavy commercial vehicle exports out of South Korea are from Tata Daewoo. In 2005, Tata Motors

    acquired a 21% stake in Hispano Carrocera, a reputed Spanish bus and coach manufacturer, with

    an option to acquire the remaining stake as well. Hispano's presence is being expanded in other

    markets.

  • Report: Perception towards TATA Nano

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    In 2006, it formed a joint venture with the Brazil-based Marcopolo, a global leader in Body-

    building for buses and coaches to manufacture fully-built buses and coaches for India and select

    international markets. Tata Motors also entered into a joint venture in 2006 with Thonburi

    Automotive Assembly Plant Company of Thailand to manufacture and market the company's

    pickup vehicles in Thailand. In 2006, Tata Motors and Fiat Auto formed an industrial joint venture

    at Ranjangaon (near Pune in Maharashtra, India) to produce both Fiat and Tata cars and Fiat

    power trains for the Indian and overseas markets; Tata Motors already distributes and markets

    Fiat branded cars in India. In 2007, Tata Motors and Fiat Auto entered into an agreement for a

    Tata license to build a pick-up vehicle bearing the Fiat nameplate at Fiat Group Automobiles' Plant

    at Cordoba, Argentina. The pick-up will be sold in South and Central America and select European

    markets.

    These linkages will further extend Tata Motors' international footprint, established through

    exports since 1961. While currently about 18% of its revenues are from international business, the

    company's objective is to expand its international business, both through organic and inorganic

    growth routes. The company's commercial and passenger vehicles are already being marketed in

    several countries in Europe, Africa, the Middle East, Australia, South East Asia and South Asia. It

    has assembly operations in Malaysia, Kenya, Bangladesh, Ukraine, Russia and Senegal. The

    foundation of the companys growth is a deep understanding of economic stimuli and customer

    needs, and the ability to translate them into customer-desired offerings through leading edge

    R&D. The R&D establishment includes a team of 1400 scientists and engineers. The company's

    Engineering Research Centre was established in 1966, and has facilities in Pune, Jamshedpur and

    Lucknow. The ERC has enabled pioneering technologies and products. It was Tata Motors, which

    developed the first indigenously developed Light Commercial Vehicle, India's first Sports Utility

    Vehicle and, in 1998, the Tata Indica, India's first fully indigenous passenger car. Within two years

    of launch, Tata Indica became India's largest selling car in its segment. The ERC in Pune, among

    whose facilities are India's only certified crash-test facility and hemi-anechoic chamber for testing

    of noise and vibration, has received several awards from the Government of India. Some of the

    more prominent amongst them are the National Award for Research and Development Efforts in

    Industry in the Mechanical Engineering Industries sector in 1999, the National Award for

    Successful Commercialization of Indigenous Technology by an Industrial Concern in 2000, and the

    CSIR Diamond Jubilee Technology Award in 2004.

    The company set up the Tata Motors European Technical Centre (TMETC) in 2005 in the

    UK. TMETC is engaged in design engineering and development of products, supporting Tata

    Motors' skill sets. Tata Daewoo Commercial Vehicle Company and Hispano Carrocera also have

  • Report: Perception towards TATA Nano

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    R&D establishments at Gunsan in South Korea and Zaragoza in Spain. The pace of new product

    development has quickened through an organisation-wide structured New Product Introduction

    (NPI) process. The process with its formal structure for introducing new vehicles in the market

    brings in greater discipline in project execution.

    The NPI process helped Tata Motors create a new segment, in 2005, by launching the Tata

    Ace, Indias first indigenously developed mini-truck. The years to come will see the introduction of

    several other innovative vehicles, all rooted in emerging customer needs. Besides product

    development, R&D is also focusing on environment-friendly technologies in emissions and

    alternative fuels.

    Through its subsidiaries, the company is engaged in engineering and automotive solutions,

    construction equipment manufacturing, automotive vehicle components manufacturing and

    supply chain activities, machine tools and factory automation solutions, high-precision tooling and

    plastic and electronic components for automotive and computer applications, and automotive

    retailing and service operations.

    True to the tradition of the Tata Group, Tata Motors is committed in letter and spirit to

    Corporate Social Responsibility. It is a signatory to the United Nations Global Compact, and is

    engaged in community and social initiatives on labor and environment standards in compliance

    with the principles of the Global Compact. In accordance with this, it plays an active role in

    community development, serving rural communities adjacent to its manufacturing locations.

    With the foundation of its rich heritage, Tata Motors today is etching a refulgent future.

    Manufacturing:

    Tata Motors owes its leading position in the Indian automobile industry to its strong focus on

    indigenization. This focus has driven the Company to set up world-class manufacturing units

    with state-of-the-art technology. Every stage of product evolution-design, development,

    manufacturing, assembly and quality control, is carried out meticulously. Our manufacturing

    plants are situated at Jamshedpur in the East, Pune in the West and Lucknow in the North.

    Jamshedpur:

    Established in1945, the Jamshedpur unit was the company's first unit and is spread over an area

    of 822 acres. It consists of 4 major divisions - Truck Factory, Engine Factory, Cab & Cowl

    Factories, and the Novus. Engineering Division, which has one of the most versatile tool making

    facilities in the Indian sub-continent.

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    Lucknow:

    Tata Motors Lucknow is one of the youngest production facilities among all the Tata Motors

    locations and was established in 1992 to meet the demand for Commercial Vehicles in the

    Indian market.

    Uttarakhand

    The company has set up a plant for its mini-truck, Ace, at Pant Nagar in Uttarakhand. The plant

    will begin commercial production during the course of the year.

    Research:

    Research & Development:

    Research provides the much-needed inspiration for the birth of new ideas, which in turn

    breathes new life into products. World-class automotive research and development are key

    factors that contribute to the leadership of the Company.

    Engineering Research Centre (ERC):

    The Research Centre at Jamshedpur regularly upgrades components and aggregates. A well-

    equipped torture track enables rigorous and exhaustive testing of modifications before they are

    used as regular fitments.

    Safety (CRASH TEST FACILITY):

    For Tata Motors, safety is of paramount importance. This avenue provides no room for the

    slightest margin of error.

    Tata Motors ERC is the only high-tech facility in India to evaluate the degree of passenger safety

    in the event of any high-speed impact. Through a special crash test facility. Different types of

    accidents are simulated; the results analyzed, and put to use in the development of a vehicle

    that satisfies stringent international safety norms.

    Special high-speed cameras record test crashes at the rate of 1000 frames per second. An

    accident, for instance, at the speed of 50 kilometers per hour, lasts one eighth of a second.

    Thus, 125 frames recorded by these cameras are available for study with the completion of each

  • Report: Perception towards TATA Nano

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    individual test.

    Minimizing Noise (ANECHOIC CHAMBER):

    Anechoic chamber is a highly sophisticated noise and vibration laboratory, the nerve centre of

    which is a vast chamber lined with 88,000 cones projecting at various angles from the walls and

    ceiling. It is one of its kinds in India and is developed completely with in-house facilities.

    Designing and Styling (CAD CENTRE):

    The CAD centre is equipped with 53 state-of-the-art CAD stations and the latest

    software. The CAD centre is a vital organ of ERC's Cab Design Section. CAD designing involves

    development of vehicle specifications, styling interiors and exteriors, reviewing the styling from

    the engineering and aesthetic points of view, virtual prototyping to check for design

    acceptability and feasibility of manufacture.

  • Report: Perception towards TATA Nano

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    TATA NANO

    Tata Motors' plans would produce, in real terms, by far the cheapest car ever made.

    An Indian car may soon earn a parking place in history alongside Ford's Model T, Volkswagen's

    Beetle and the British Motor Corp.'s Mini, all of which put a set of wheels within reach of millions of

    customers after they rolled onto the scene. Tata Motors is developing a car it aims to sell for about

    $2,500 the cheapest, by far ever made.

    # Source :(NYSE: TTM - news - people)

    Tata Nano - The little car that might change the world

    TECH SPECS:

    Length : 3.1 m Width : 1.5 m Height : 1.6 m To seat : 4 Engine : 643cc, 2-cylinder, all-aluminum Power : 33 BHP Position : Engine, battery at rear end Boot : In front Fuel : Petrol Fuel injection : MPFI Fuel consumption : 20 kmpl. AC : Only in deluxe version Passenger side mirror : No Power steering : No Price : $2500 at dealer + VAT + transport cost. Base version approximate on-road price: $3000 Tyres : Tubeless tyres. Body : All-steel Safety features : Crumple zones, intrusion-resistant doors, seat belts, 2 A-Pillars Suspension : Independent front and rear

  • Report: Perception towards TATA Nano

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    Seldom do we see cars that rewrite the history books even before they are seen running around on

    the roads. And hardly ever do we see cars that vow to put the nation on four wheels. The Tata Nano

    is one such car a car that has been in the news for quite a few years, for reasons good and evil.

    Nano is a car which has breathed into life due to one man. Give credit to Mr. Ratan Tata for his

    determination to build a low cost family car that has come true, finally! Took long it did, but the

    Nano came in a beautiful form. Touted as worlds cheapest car by a far cry, Nano has been the talk

    of the town around the globe. Head honchos of big organizations have been pouring in by numbers

    to have a look at this engineering masterpiece. We bring you some interesting bits.

    Looks:

    Length 3100mm

    Width 1500mm

    Height 1600mm

    Wheelbase 2230mm.

    Ground Clearance 180mm

    You will be wondering why I am talking about the dimensions of the Nano, since all of you know that

    it is a rather compact and tiny machine. It is because I have good reason to talk about the

    dimensions. You see, the Nano is going to be faced with Maruti 800 as its main rival. But you could

    throw in the Alto and Zen Estilo to mark out some design and packaging aspects. Just to get things in

    perspective, Nano is over 230mm shorter than 800 in overall length but the wheelbase advantage of

    155mm over the offering from Maruti makes sure that the Nano is more accommodating than the

    800. Tata has managed to squeeze out a 60mm advantage in width and Maruti 800 falls short of

    about 100mm in height. So in essence, you get more legroom, better shoulder room and room more

    than enough for a turban, if you wear one! But before you enter inside, you are bound to gape in

    admiration at the beautifully crafted curves of this micro car. I personally feel that the front has a lot

    of Zen Estilo written on it, but manages to look really funky and cool.

    The mono-volume design establishes a sea of change from the two-box layout of the 800. What it

    ensures the Nano with is extremely short overhangs and tight packaging. For a car of this size and

    image, the Nano is an extremely sexy looking car with futuristic design cues. The bonnet line is steep

    and unites together with the bumper in a seamless way. Though there is no grille per se, the front

    has a smiling look which accentuates the happy feeling. The fog lamps are incorporated in the

    bumper which has a distinct air dam running across in between them. In profile, the Nano resembles

    Mitsubishis latest small car i. The rear of the Nano is somewhat recognizable. The tail lamps are

    inspired from elder sister, Indica. So this is a very compact hatchback, yes? No my friend, you are

    massively wrong. Even I was dumbfounded when I discovered that the Nano cannot be called a

  • Report: Perception towards TATA Nano

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    hatchback a word so true to the way the small cars are. The reason for this is because it does not

    have a hatch! The tail gate cannot be opened owing to it being joined together with the boot sill.

    This makes accessing the engine a pain in the bottom. But a hatchback it will be called still. The back

    side of the Nano is made attractive by the mid mounted exhaust pipe which peeps out of the

    aggressively designed bumper.

    The ultra-secret people's car for India - the Tata Nano - is here. How will this car change the way India, and the developing countries drive?

    The Nano is disruptive tech - make no mistake.

    The world's car manufacturers have expressed all shades of opinion in the run-up to the Tata Nano.

    Suzuki has said that it is impossible V W said it is not what they want to do. DaimlerChrysler said

    they think it is an important market Tata is trying to tap.

    There was no way Tata could design a car the conventional way. So went at it on a clean slate. And

    seems to have pulled it off. The rear engined car will have a small boot for luggage storage in the

    front. In the process of developing the Nano, Tata Motors has added 40 patents to its kitty.

    This car, if it becomes a hit, will make every auto company change the way it works and look at

    the volume market. Not only in India, but in entire Asia and every third world country. Offering

    mobility for the masses is big business. The VW Beetle did that, and so did Henry Ford.

    Environmental Impact

    In India, a car like this can crowd the streets, forcing the government to improve infrastructure - and

    as the evolution of the Western industrial society demonstrates, affordable cars can be a major force

    for change. But till that happens, this is a car that can seriously crowd the streets - and make life a

    bit tougher in the short-term.

    The car will have a two-cylinder 624-cc petrol engine with 33 bhp of power.

    It will also have a 30-litre fuel tank and four-speed manual gearshift. The car will come with air

    conditioning in the deluxe version, but will have no power steering. I know, that's pathetic power by

    American and Western standards. But Indian maximum legal speeds are way lower than them - and

    Tata Motors anyway claims that the car is as fast as the Maruti 800, India's original People's Car that

    changed things a couple decades back. And there are a million or more of them on the streets of

    India already. The car will have front disk and rear drum brakes. The company claims mileage of 22

    kmpl in city and 26 kmpl on highway.

    The $ 2500 is the dealer price - the actual price on the road might be approx Rs. $3000.

    The car launched is being avidly watched by the auto industry around the world.

  • Report: Perception towards TATA Nano

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    As attractive as the Nano is on the outside, the same cannot be said for the interior. The plastics feel

    cheap and it is here that you begin to feel the concern towards the price that Tata was aiming at.

    The rudimentary knobs and switches point towards the use of materials which would be better off in

    tractors twenty years old! Dreary and uninspiring by any measure, thats what one can say about the

    interior quality and looks. What impressed me though was the layout. Spacious and functional, the

    dashboard has a curved look which can prove beneficial when it comes to storing items. The Chevy

    Spark started it for the small cars and the Nano continues on what seems to be the current trend.

    The instrument binnacle is mid-mounted and the centre console has a swooping form which houses

    all the important knobs and air con vents. Speakers for the audio system have been incorporated on

    the rear bench just under the seat area.

    The speedo is calibrated to a top whack of 120kmph though we shall reserve our statements on that

    till we test the car thoroughly. Cash saving activity has gone a bit too far with the sun visor, theres

    only one! Please Tata, please, have mercy on the people who will sit on the passenger seat, only to

    find no sun visor to protect their skin from sun or no vanity mirror for women (men too, going by the

    current fashion!) to put the make-up on. The centre console, forming a crest in the middle of the

    dash, can be worrisome if you happen to be as tall as Rajpal Yadav. The seats have integrated head

    restraints, like in the hugely popular, Hyundai i10. Yes the Nano will be deprived of a lot of creature

    comforts but to satisfy your salivating mouth, Tata will offer the top end version with air con, power

    windows and power steering. This car is destined to be exported too, so provision for ABS and

    airbags will also be there for sure. The floor mounted four-speed gearbox wasnt smooth as silk but

    would give the 800 something to take inspiration from. Roominess is what this compact car from

    Tata is all about. Four average sized Indians will find themselves enjoying their ride.

    SAFETY

    Passes crash tests. Side impact test yet to be done, but Tata is confident about it. It has 2 A-pillars on

    one side to better meet safety norms. No airbags. Airbags are still not a required feature in India. But

    you have crumple zones, intrusion-resistant doors, seatbelts and anchorages.

    A four wheeler is safe than a scooter. So to begin with, the huge two wheeler population of India

    gains a safety benefit. But will it pass the safety requirements of a large car or even a high

    technology compact? Unlikely. But that is not the objective - it is to improve the safety of four-

    member families like this one that rides scooters and at risk every day.

    And so here it is. If Tata Motors is right, we could be witnessing a serious disruptive force and one

    that might kick-start India on to a high growth path. Successful mass market mobility does that to a

    country.

  • Report: Perception towards TATA Nano

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    Mechanicals: Everyone, and it does not discount the motoring journos, expected the One Lakh Car to have a

    plastic body. But boy did Tata play it big there! Contrary to everyones belief, the Nano is a metal-

    bodied car with four full-blown doors to ease the ingress and egress. This is a uni-body construction

    but makes use of a sub-frame which adds to the strength in addition to providing support for drive

    train and suspension units. The suspension has a story of its own altogether! Well, Tata engineers

    said that since the rear-biased weight distribution led to some scary moments while testing the car,

    they had to optimize the suspension setup and add a fair amount of other eccentric but equally

    helpful technical add-ons like fatter rear tyre while the battery box and fuel tank are placed right

    underneath front occupants.

    The engine is what has been the buzz word around the car. It is an all-aluminum two cylinder engine

    displacing 624cc with two valves per cylinder driven by a single overhead camshaft. The bore and

    stroke are nearly similar giving it a square form. Making the Nano move will be the power of 33

    horses which will peak out at 5500rpm while 48Nm of turning force will be supplied at a meager

    2500rpm which should help the drivability of the car. The Nano will transmit its small amount of

    power via a 4-speed cable operated gearbox with the fourth being an overdriven ratio. Tata is

    working on developing an automatic gearbox as well but that will not be available when the car gets

    launched later this year. In addition to the 624cc petrol engine, the Indian auto giant might also

    bring out a common-rail diesel engine (700cc) which might be of the same architecture as the one

    seen on Tata Ace.

  • Report: Perception towards TATA Nano

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    LITERATURE REVIEW

    Article 1 :What gave Nano a headstart ? The Nano could potentially challenge the conventional wisdom within the auto industry that wholly

    new concepts do not live long enough. New launches basically add a whistle here and a bell there to

    the plethora of existing models. Indeed, in more than 70 car launches worldwide, there have been

    not more than a handful of seminal shifts within this industry.

    But the Tata offering has come to topple all those casts by reordering the status-quo. The whole

    story seems to strike two notes at once. The first one is true to the old adage among businesses that

    the wise profit from giving that which profits their customers; the second dares to contrarily create

    and nurture a space that others overlooked or even rejected.

    Some known facts

    Not too long ago, many pundits within the industry had held that small cars such as the Maruti 800

    have outlived their use and must, therefore, pack up. Yet, just into 2008, a glowing Mr. Ratan Tata

    drove on to the stage in his Nano, that sports a far lower powered engine and which may soon storm

    the Indian roads.

    Surprisingly, many of the same pundits who had bemoaned the twilight of Maruti 800 have now

    begun to celebrate the business sense that the Nano exudes. It looks like, in any case, the Tata Nano

    project has defied textbook constructs of successful venturing.

    In fact, we knew for good reasons that there is much less money to be made in small cars. We also

    knew that products conceived for specific markets have less possibility of success than those

    visualized on a global basis.

    And, admittedly, auto majors with a wider, deeper portfolio of cars are rightly believed to be able to

    gain more profitably from a radical but relevant offering.

    Such manufacturers, it is often acknowledged, are able to reap from the economies of scale that can

    be got from sharing the costs of design, manufacture and retail, among their entire product line-up.

    Small-car concept

    The Tata project bore none of the above usual stamps of success. Yet it is pretty hard to term Nano

    anything but a success going by the reception it received. This perhaps indicates that the real game

    is one of strategy.

    Indeed, it is not so much about cars or of experience as about getting clear the underlying concepts

    and attitudes. Ironically, Tata's capture of the "small car concept" is in itself hardly path-breaking.

  • Report: Perception towards TATA Nano

    15

    One recollects that when the Maruti 800 was introduced around the mid-1980s, it was, even after

    adjusting for the then stronger rupee, an immensely affordable car (well below a lakh of rupees). It

    was, in fact, India's first small, sweet car.

    But, over time, the sweetness of Maruti 800 - rather than the real demand for small cars - had

    diminished. That was primarily because of its price, which kept on surging.

    What is certainly path-breaking is the price tag of the Nano. Even if we went all the way back before

    all those price rises and income growth spread over the past two consecutive decades, Nano's price

    would have still generated a landslide sales record in the mid-1980s.

    The price element

    And, what is important is, where a pre-liberalised mid-1980s represented stunted buying power,

    "today's India" that is to receive the Nano, represents greatly enlarged buying power.

    This, in effect, gives the Nano an exceptional welcome thrust. Besides the element of price-point -

    where Tata Motors led the pack on a wide margin - almost every other major car company in the

    world seems to have otherwise just as seriously investigated small cars.

    If anything, notwithstanding the environment dimension, the persistently high oil prices of

    the present decade have, in fact, made all makers gravitate toward more fuel-efficient, smaller cars.

    The key question, then, is: With so many auto firms zeroing in on small cars, how did Tata Motors

    achieve such astounding price levels? Indeed, when global industry majors were talking about a

    small car with trendy, tiny engines, they were all, in effect, attempting to scale down on what they

    were traditionally good at: Medium and big cars.

    Two perspectives

    Unlike Tata Motors, almost none of the global majors had paid due attention to the thought of an

    all-new small car. There is, for sure, a big difference between scaling down a big-sized car to a viable

    small size.

    The gamut of idea generation, concept, design, making, retailing, and so on, differs a great deal

    between the two perspectives. The first perspective tweaks to fit what is already on hand, whereas

    the second creates afresh to fulfill what is widely sought.

    Consequently, the processes that colour the making of an inexpensive and cheerful car are not at all

    'cheap'. Understandably, those processes have to be richer in innovation, bolder in imagination,

    nimbler in evaluating and, of course, shrewder in putting together the pieces (ideas, hardware, and

    costs) appealingly.

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    Taking the lead

    The stalwarts of the car industry never quite saw 'small cars' as 'small cars'. Here is where Tata

    Motors strode ahead, giving Mr. Tata and his team a head-start. The Nano, then, brings home the

    truth that lacking certain advantages can actually prove more rewarding.

    The car industry, unlike the insurance industry, which enjoys safety cover from reinsurance, has

    never been able to obtain a guaranteed cover for assured success.

    One could say that the future Nanos would certainly get their shots of incremental improvement. So,

    too, would be the approaches of many other aspiring small-car makers, after taking note of this

    primordial shift.

    # Source : The Hindu Business Line February 5th, 2008

    Article 2: Tata to ride Nano to Geneva Motor Show Tata Motors' Nano, easily the world's most talked-about car these days, will make its international

    debut at the 78th Geneva Motor Show in the first week of March. The five-door hatchback that costs

    just Rs 100,000 ($2,500), making it the world's cheapest, was unveiled in January this year at the

    Auto Expo here. Nano would be among Tata Motors' exhibits at the show, a company spokesperson

    said here.

    Sales of Nano, nicknamed the people's car for its affordable pricing that will make four-wheelers

    available to millions of middle-class people who hitherto rode two-wheelers, is expected to start in

    the second half of this year.

    Although the car has its share of critics, it has undeniably put India on the global automotive map

    and has triggered a race among leading car makers to match the Nano price-point. Already, car

    manufacturers Renault and Nissan are eyeing a $3000 car.

    The Nano, which Tata Motors has said meets all safety and emission norms, will share the limelight

    with top marques from around the world that are expected at the show. This year's edition of the

    Geneva Motor Show will mark the 11th year of participation for Tata Motors. Tata Motors' Nano,

    easily the world's most talked-about car these days, will make its international debut at the 78th

    Geneva Motor Show in the first week of March.

    # Source :The Economic Times February 7th, 2008

    Article 3: Indian people's car India is one of those developing countries whose economies are expected to be among the world

    leaders by the middle of this century. Its technological skill and financial clout have already made an

    impact in the IT industry and the international cricketing arena, to take just two examples. But the

    unveiling of Tata Motors' Nano car in New Delhi yesterday

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    The headline news is that the Nano will cost only pounds 1,300, thus opening a potentially huge

    market in the developing world. But Tata has also stolen a march on giant vehicle manufacturers

    such as GM, Ford, Toyota, V W, Mitsubishi and Renault-Nissan, all of which are looking to expand

    sales in Asia, Africa and Latin America at a time when the European and American markets are,

    respectively, flat and declining.

    Tata has produced a car that not only costs pounds 500 less than the cheapest Chinese model, but

    also breaks technological ground by having a rear-mounted two-cylinder engine, which both saves

    fuel and creates interior space. It has taken out more than 34 patents on technologies used in its

    manufacture. The Tata Group, the country's largest conglomerate, epitomizes the global outreach of

    modern India; having acquired the Corus metals company last year, it is now seeking to buy Jaguar

    Cars and Land Rover.

    The world's second most populous nation presents a striking contrast between that kind of industrial

    clout and the poverty in which most Indians still live. At one end of the scale are billionaires such as

    Vijay Mallya, who is promoting India as a Formula 1 racing power. At the other are the inhabitants

    of Mumbai's periphery who lack decent housing, education and healthcare. The Nano lies between

    those two extremes: a car built to attract members of the urban middle class who at present perch

    on motorcycles. That it will add to India's already acute traffic problems should remind the

    government of how far it has fallen behind in infrastructure development, whether roads, electricity

    or water. The Nano is a remarkable first from a country that still exasperates for its failure to provide

    basic services.

    # Source : As published in The Daily Telegraph, London on January 11th, 2008.

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    PROBLEM DEFINITION

    Marketing Research Problem:

    To find out the consumer perception on TATAS NANO in Bangalore city.

    TATAs NANO will be launched on 23rd March 2008. There has been lots of excitement and

    enthusiasm among the mass for the product. To find out how the common mass perceives the

    product and how should TATA Motors position NANO it is important to conduct a research.

    Objective of the Study:

    To know the consumer perception on TATA NANO.

    To find out the awareness level about TATA NANO.

    To find out the Acceptance level of people.

    To know about factors affecting purchase decision of TATA NANO.

    To find out the target segment for TATA NANO

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    RESEARCH METHODOLOGY

    RESEARCH DESIGN:

    Descriptive Research Method

    SAMPLING PROCEDURE:

    Sampling Plan: Convenient Sampling (Non-Probabilistic Sampling Method) Sample Size: 100 respondents

    QUESTIONNAIRE DESIGN:

    The research was done on the basis of a structured questionnaire

    FIELD WORK PLAN:

    100 respondents were interviewed in and around the Alliance Central campus, Anekal,

    FORUM Mall, BTM Stage 1 & 2 and Kormangala areas of Bangalore. The group was divided into three

    groups of 2 interviewers each who interviewed respondents at the above mentioned locations.

    The respondents were interviewed from 4thMar-7th Mar 2009.

    LIMITATIONS: The accuracy of the responses given by the respondents.

    Data was collected from the limited locations of Bangalore; therefore findings cannot be

    generalized for the whole city or country.

    Language was a barrier between the interviewer and the respondents to collect the

    responses.

    DATA COLLECTION Data was collected from the following two sources:

    PRIMARY DATA COLLECTION:

    Primary Data was collected through SURVEY using a structured questionnaire through

    which the research was able to get an insight in to the consumers mind and to learn about

    perception towards NANO.

    SECONDARY DATA COLLECTION:

    Secondary Data was collected through magazines, journals, articles and earlier reports.

    Secondary Data helped in finding the variables that has an effect on the perception made by the

    people towards TATA Nano.

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    DATA ANALYSIS & INTERPRETATION

    1. DEMOGRAPHIC ANALYSIS

    GENDER

    Table 1.1

    Gender Type Frequency

    Male 64

    Female 36

    Total 100

    Graph 1.1

    The above mentioned chart clearly shows that out of 100 respondents 64 were males and 36 were

    females.

    AGE DISTRIBUTION

    Table 1.2

    Age No.of Respondents

    18-30 yrs 64

    30-50 yrs 32

    Above 50 yrs 4

    Total 100

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    Graph 1.2

    The above mentioned chart clearly shows that majority of the respondents lies between the age

    group of 18-50 yrs.

    PROFESSION

    Table 1.3

    Profession No.of Respondents

    Govt. Employee 10

    Pvt. Sector Employee 44

    Student 31

    Businessman 12

    Professional 3

    Any other 0

    Total 100

    Graph 1.3 The above mentioned chart shows that data was collected from respondents having varied types of

    occupation. The majority of the respondents were pvt. sector employee and students.

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    INCOME GROUP

    Table 1.4

    Monthly Income No.of Respondents

    Rs.5000-Rs.10000 10

    Rs.10000-Rs.15000 16

    Rs.15000-Rs. 20000 14

    Above Rs. 20000 29

    Not Earning 31

    Total 100

    Graph 1.4

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    2. FACTOR ANALYSIS

    To understand the various parameters affecting the perception of the mass towards TATA

    Nano, the respondents were interviewed with the help of questionnaire mentioned in the appendix

    having the variables found from the secondary data. Further analysis was done through factor

    analysis with the help of SPSS software. The goal of the factor analysis is to reduce the no. of original

    set of variables to a smaller set of comprehensive factors for use in subsequent multi-variant

    analysis. Therefore through the factor analysis the 13 variables that the perception of the mass can

    be reduced to lesser no. of comprehensive factors that can explain the other variables. This shall

    reduce the complexity. The output we get after compiling the input data is:

    KMO and Bartlett's Test

    Table 2.1 Kaiser-Meyer-Olkin Measure of Sampling Adequacy. .669

    Bartlett's Test of Sphericity

    Approx. Chi-Square 709.908

    df 78

    Sig. .000

    From this table it can be interpreted that the value of KMO is greater than 0.5, which means that our

    research data is appropriate and valid. KMO value is greater than 0.5 because no. of respondents

    were more than 5 times the no. of the decision variables.

    Table 2.2 Total Variance Explained

    Component Initial Eigenvalues Rotation Sums of Squared Loadings

    Total % of

    Variance Cumulative

    % Total % of

    Variance Cumulative

    %

    1 3.808 29.294 29.294 3.780 29.076 29.076

    2 2.095 16.119 45.413 2.095 16.115 45.191

    3 1.772 13.629 59.042 1.769 13.608 58.799

    4 1.272 9.784 68.826 1.304 10.027 68.826

    5 .932 7.172 75.998

    6 .904 6.951 82.949

    7 .796 6.119 89.068

    8 .546 4.197 93.266

    9 .303 2.329 95.595

    10 .239 1.841 97.436

    11 .153 1.175 98.612

    12 .122 .941 99.553

    13 .058 .447 100.000

    Extraction Method: Principal Component Analysis.

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    Now from the above table of SPSS output the total no. of factors in which the variables can be

    classified can be realized. From the Eigen values of each factor in the table, the factors having Eigen

    value greater than 1, shall be considered for further analysis.

    As in this case the Eigen value of 4 factors is more than 1, so the no. of factors shall be 4. The

    percentage of variance column shows that the total variance explained by each factor. As in this case

    the 1st factor explains the total variance up to 29.294 %, similarly the entire factors explains the

    variable. Upto 68.826% of the variables are explained by the 4 factors. It means 31.174% are

    explained by other factors which have not been taken into account.

    Table 2.3 Rotated Component Matrix(a) Variables Component

    1 2 3 4

    BrandName .171 .501 -.065 -.517

    Design .952 -.075 -.011 .003

    Safety .919 .047 -.040 -.171

    Afffordability .882 .157 -.083 -.231

    Comfort -.055 .927 .061 .006

    Status -.022 .048 .924 -.034

    Lifestyle -.010 .898 .005 .133

    Mantainence .830 .008 .049 -.011

    Inspace -.122 -.148 -.140 .822

    Accessories .021 -.025 .930 -.073

    Power .704 -.106 .090 .273

    Powersteering .130 .147 .045 .695

    Brakes -.025 .297 -.050 .442

    Extraction Method: Principal Component Analysis.

    Rotation Method: Varimax with Kaiser Normalization.

    a) Rotation converged in 4 iterations.

    From the above table of output we can identify the distribution of each variable in our selected

    factors. Our 4 factors are as follows -

    Factor1 = Design (L value = .952) + Safety (L value = .919) + Affordability (L value = .882) +

    Mantainence (L value = .830) + Power (L value = .704) shall be combined together to get our 1st

    major factor, we may name as . This factor is explaining 129.076 % of the variation.

    Factor2 = Comfort (L value = .927)+ Lifestyle (L value = .898) shall be combined together to get

    the 2nd major factor, we may name as . This factor is explaining 16.115 % of total

    variation.

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    Factor3 = Status (L value = .924) + Accessories (L value = .930) shall be combined together to get

    the 3rd major factor, which we may name as . This factor is explaining 13.608% of total

    variation.

    Factor4 = Interior Space (L value = .822). This factor is explaining 10.027% of total variation.

    Factor 1

    Safety

    Design

    Affordability

    Mantainence

    Power

    Factor 2

    Comfort

    Lifestyle

    Interior Space

    Status

    Accessories

    Factor 3 Factor 4

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    3. AWARENESS OF TATA NANO

    Table 3.1 (Responses over Awareness)

    Awareness No. of Respondents

    Aware 92

    Unaware 8

    Total 100

    Graph 3.1

    The above mentioned pie-chart (Graph 3.1)and table (Table 3.1) shows that majority of the

    respondents were aware of the TATAs Nano.

    4. ACCEPTANCE LEVEL OF TATAS NANO To find out the acceptance level, the respondents were interviewed over their liking towards TATA

    Nano and their Plan to buy on a likert scale. Following were the responses:

    Table 4.1(Responses over Acceptance)

    Responses Liking Plan to buy

    Definitely 27 16

    Somewhat 56 24

    Neutral 12 28

    Somewhat not 5 20

    Definitely no 0 12

    Total 100 100

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    Graph 4.1

    From the above mentioned chart it can be realised that liking of the respondents towards TATA

    Nano is very high i.e. TATA Nano is liked by most of the respondents. But there is mixed responses

    over their plan to buy TATA Nano. There were around 40 respondents who may buy TATA Nano and

    there 32 respondents who may not buy. The rest 28 were neutral.

    5. NAME JUSTIFIES THE PRODUCT

    Graph 5.1

    The Graph 5.1 shows that most of the respondents believe that the name NANO justifies the

    product.

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    6. NANO OVER BIKE

    Graph 6.1

    Most of the respondent will not prefer purchasing Bike over Nano.

    7. FEATURE THAT INSPIRES THE MOST TO BUY NANO

    Graph 7.1

    Price is the major feature of NANO that inspires respondents the most.

  • Report: Perception towards TATA Nano

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    8. COLOUR

    Graph 8.1

    Most of the respondents preferred yellow and red colour as their preferred colour for NANO.

    9. RECOMMENDATION OF NANO

    Graph 9.1

    From the above mentioned graph it can be observed that most of the respondents shall recommend

    NANO to others.

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    10. NANO AS DREAM CAR

    Graph 10.1

    It can be observed from the chart that majority of the respondents do not see NANO as their dream car.

    11. CLUSTER ANALYSIS

    Cluster Analysis is performed to assign the objects into groups (called clusters) so that objects

    from the same cluster are more similar to each other than objects from different clusters. Therefore

    in this research, the sample of 100 respondents can be classified into certain no. of groups or

    clusters showing the same attributes. This form of analysis will basically help the marketer to

    position their product in a much effective way by targeting a certain group of individuals. Therefore

    it is important for the research to find as to which cluster of people TATA Nano should be targeted.

    Here the grouping variables are age, sex, profession, monthly income, family members, awareness

    of TATA Nano, liking and plan to buy Nano. After running cluster analysis through SPSS software

    using the above mentioned grouping variables, following output was obtained:

    Agglomerative hierarchical clustering First step for clustering shall be Agglomerative hierarchical clustering which breaks up (divisive) a

    hierarchy of clusters. Therefore through hierarchical clustering an idea of the no. of clusters into

    which the sample should be classified can be obtained. This is done using Agglomeration Schedule

    mentioned in Appendix.

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    From this agglomeration schedule it can be observed that the no. of clusters should be 2 or 3.

    The next step of classification of sample into clusters is done through K-means clustering.

    K-means Clustering

    After running the K-means clustering by entering the no. of clusters as 3, following output was

    obtained:

    Table 11.1 Final Cluster Centers

    Table 11.2

    CLUSTER 1: This cluster includes 13 respondents. The major characteristics of this cluster are that most of them

    are females, the age group is between 18-50yrs, the major profession is Pvt. Sector employee and

    students, monthly income is above Rs. 20000, Avg. no. of family members are 6, all are aware of the

    TATAs Nano, they somewhat like TATAs Nano but they dont plan to buy it.

    CLUSTER 2: This cluster includes 32 respondents. The major characteristics of this cluster are that most of them

    are males, the age group is between 18-30yrs, the major profession is Pvt. Sector employee and

    govt. employee, average monthly income is around Rs. 10000-Rs.15000, Avg. no. of family members

    are 4, all are aware of the TATAs Nano, they somewhat like TATAs Nano but they dont plan to buy

    it.

    CLUSTER 3: This cluster includes 55 respondents. The major characteristics of this cluster are that most of them

    are males, the age group is between 18-30yrs, the major profession is Pvt. Sector employee and

    students, average monthly income is above Rs. 20000, Avg. no. of family members are 4, all are

    aware of the TATAs Nano, they somewhat like TATAs Nano but they have larger orientation

    towards buying TATA Nano.

    Therefore, TATA Nano should target cluster 3 due to higher intend to purchase, family members are

    4 which are suitable for TATA Nano.

    Cluster

    1 2 3

    SEX 1.62 1.28 1.35

    AGE 1.54 1.25 1.45

    PROFESSION 2.69 1.72 2.98

    MONTHLYINCOME 3.85 1.94 4.42

    FAMILYMEMBERS 6.62 4.19 4.05

    AWARENESS 1.00 1.06 1.11

    LIKING 3.92 4.03 4.09

    PLANTOBUY 1.92 1.75 1.62

  • Report: Perception towards TATA Nano

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    Conclusion & Research Findings

    TATA Nanos awareness level is very high (92%) i.e. most of the people are aware about Tata

    Nano. This has been due to many reasons like controversy in Singur, first peoples car in

    just Rs. 1 lakh, brand name of TATA linked with NANO etc. This is a very good sign for TATA

    Nano to capitalize on their public relations.

    Private Sector employees and students have higher degree of acceptance level for TATA

    Nano.

    The most important factors that affect the purchasing decision of the people to purchase a

    small car like NANO are Design, Safety, Affordability, power, comfort, lifestyle, accessories

    status and interior space.

    Research shows that the name NANO is very well accepted by the people as most of them

    believe that Nano justifies the product.

    It was also observed in the research that majority of people shall not prefer Nano over

    Bike as they believe that bike has some additional benefits over NANO.

    Price was the most important feature that shall inspire most of the people to purchase

    NANO. As the car is available in Rs. 1 lakh only therefore most of the people believe that it

    is affordable to them.

    Blue and Yellow are the most demanding color that shall be preferred by most of the

    people for their NANO.

    It has also been found out through research that most of the people shall recommend

    TATAs Nano to other which is a very good sign for TATA Motors.

    Also, most of the respondents believe that NANO is not their dream car.

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    Bibliography & References

    Exploratory Factor Analysis - A Book Manuscript by Tucker, L. & MacCallum R. (1993).

    Retrieved June 8, 2006, from: http://www.unc.edu/~rcm/book/factornew.htm

    Raymond Cattell. Retrieved July 22, 2004, fromhttp://www.indiana.edu/~intell/rcattell.shtml

    E. B. Fowlkes & C. L. Mallows (September 1983). "A Method for Comparing Two Hierarchical

    Clusterings". Journal of the American Statistical Association 78 (383): 553584.

    doi:10.2307/2288117

    Schutt, Russell K. 2006. "Investigating the Social World: The Process and Practice of

    Research". SAGE Publications

    Mohanty, Mrituinjoy (2008-01-10). "Why criticising the 1-Lakh car is wrong". Rediff News.

    http://www.rediff.com/money/2008/jan/04tatacar.htm. Retrieved on 2008-01-10.

    Tata's High-Stakes Bet on Low-Cost Car". The Wall Street Journal, Eric Bellman, Jan 10, 2008.

    http://online.wsj.com/article/SB119993102461279857.html.

    First Look: Ratan Tata unveils Nano". IBN. 2008-01-10. http://www.ibnlive.com/news/first-

    look-ratan-tata-unveils-nano/56038-7.html. Retrieved on 2008-01-10.

    "Deutscher Konzern verdient am Tata krftig mit" (in German). Die Welt. 10 January 2008.

    http://www.welt.de/wirtschaft/article1536886/Tata_Nano__der_indische_Volkswagen.html

    . Retrieved on 2008-03-22.

    http://economictimes.indiatimes.com/News/News_By_Industry/Auto/Automobiles/Rahul_B

    ajaj_says_Mamata_fought_for_farmers_not_politics/articleshow/3456250.cms

    http://www.autoexpo.in/news_jan_23.asp

    http://economictimes.indiatimes.com/News_by_Industry/Nano_to_rollout_from_Pantnagar

    /articleshow/3523806.cms

    http://www.timesonline.co.uk/tol/driving/news/article3168303.ece

    http://in.reuters.com/article/topNews/idINIndia-35844720081007 2008 Issues

    http://www.timesonline.co.uk/tol/driving/article3164205.ece

    http://www.cbc.ca/consumer/story/2008/01/10/nano-tata.html

  • Report: Perception towards TATA Nano

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    Appendix

    APPENDIX 1 QUESTIONNAIRE SECTION I

    PERSONAL DETAILS

    Name: __________________________________________________________________

    Sex : Male Female

    Age : 18 30 yrs 30 50 yrs Above 50 yrs

    Profession: Govt. Employee Businessman

    Pvt. Sector Employee Professional

    Student Any other _______________

    Monthly Income: Rs.5,000 - Rs.10,000 Rs. 10,000 Rs.15000

    Rs.15,000 Rs.20,000 Above Rs. 20,000

    Family Members: ___________________

    (1) Do you have any Vehicle ? Yes No

    If Yes than Specify, Two Wheeler Four Wheeler Both

    (2) Are you aware of Tatas NANO car ? Yes No (3) Do you like the Tatas NANO ? Very much

    Somewhat

    Somewhat not

    Not at all

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    (4) Do you plan to buy a NANO in the next 1 to 2 year ? Yes No cant say (5) Which model would you go for ? Deluxe (with AC) Standard (without AC) (6) Do you think name NANO justifies the product like car?

    Definately

    Probably

    Might or might not

    Probably not

    Definitely not

    (7) Instead of purchasing a Bike, will you prefer to go for the NANO?

    Yes No cant say

    (8) Which feature of NANO attracts you most, that inspires you to go for NANO? Price

    Design

    Mileage

    Interior space

    All the above

    Cant say

    (9) Which colour of NANO would you prefer? Red

    Blue

    White

    Yellow

    Silver

    Other, Specify............

    (10) For what purpose would you like to use NANO?

    Will offer it to your children to use it in place of a two wheeler.

    Will use as family car for shopping and travel.

    Will prefer as a taxi.

    Would like to offer as gift.

    Any other, specify.................................

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    (11) Do you think NANO is people's car? Very much

    Somewhat

    Somewhat not

    Not at all

    (12) Will you recommend NANO to your friends and relatives? Definitely will recommend

    Probably will recommend

    Not sure

    Probably will not recommend

    Definitely will not recommend

    (13) Which small car would you prefer to buy? Maruti 800

    Tata NANO

    Other..

    (14)Will there be traffic problem with the introduction of NANO on Indian roads? Definately

    Probably

    Might or might not

    Probably not

    Definitely not

    (15) Can you trust NANO for safety? Definately

    Probably

    Might or might not

    Probably not

    Definitely not

    (16) What do you think of its mileage of 21km/l ? Very Good & reason to buy Not enough Good enough for small town

    (17) Do you think that Purchase decision of NANO will affect your status?

    Definately

    Probably

    Might or might not

    Probably not

    Definitely not

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    (18) Rate the following attributes of in order of your preference , while buying NANO, on a scale of 1 to 7 (7=very good, 1= very poor) 1 2 3 4 5 6 7 Brand Name I------I-------I-------I-------I------I------I Shape/Design I------I-------I-------I-------I------I------I Safety I------I-------I-------I-------I------I------I

    Affordability I------I-------I-------I-------I------I------I

    Comfort I------I-------I-------I-------I------I------I Status I------I-------I-------I-------I------I------I Lifestyle I------I-------I-------I-------I------I------I Mantainence I------I-------I-------I-------I------I------I Interior space I------I-------I-------I-------I------I------I Accessories I------I-------I-------I-------I------I------I Power I------I-------I-------I-------I------I------I power steering I------I-------I-------I-------I------I------I brakes I------I-------I-------I-------I------I------I (19) Do you believe that NANO is a dream car of yours?

    Definitely

    Probably

    Might or might not

    Probably not

    Definitely not

    Place.. Sign..

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    APPENDIX 2 Agglomeration Schedule

    Stage

    Cluster Combined

    Coefficients

    Stage Cluster First Appears

    Next Stage Cluster 1 Cluster 2 Cluster 1 Cluster 2

    1 97 100 .000 0 0 14

    2 27 99 .000 0 0 12

    3 71 96 .000 0 0 6

    4 25 92 .000 0 0 29

    5 72 79 .000 0 0 24

    6 46 71 .000 0 3 32

    7 20 70 .000 0 0 19

    8 56 68 .000 0 0 10

    9 16 66 .000 0 0 32

    10 30 56 .000 0 8 11

    11 30 55 .000 10 0 35

    12 26 27 .000 0 2 54

    13 2 15 .000 0 0 30

    14 22 97 1.000 0 1 46

    15 45 94 1.000 0 0 56

    16 78 93 1.000 0 0 59

    17 81 87 1.000 0 0 40

    18 35 86 1.000 0 0 43

    19 20 85 1.000 7 0 39

    20 37 84 1.000 0 0 45

    21 82 83 1.000 0 0 62

    22 44 76 1.000 0 0 44

    23 51 73 1.000 0 0 42

    24 23 72 1.000 0 5 45

    25 53 69 1.000 0 0 41

    26 42 67 1.000 0 0 80

    27 14 64 1.000 0 0 79

    28 60 62 1.000 0 0 70

    29 25 61 1.000 4 0 44

    30 2 59 1.000 13 0 47

    31 12 57 1.000 0 0 46

    32 16 46 1.000 9 6 38

    33 36 41 1.000 0 0 40

    34 28 40 1.000 0 0 78

    35 30 33 1.000 11 0 39

    36 13 32 1.000 0 0 61

    37 4 29 1.000 0 0 47

    38 16 31 1.400 32 0 60

    39 20 30 1.400 19 35 62

    40 36 81 1.500 33 17 57

    41 52 53 1.500 0 25 56

    42 1 51 1.500 0 23 72

    43 19 35 1.500 0 18 78

    44 25 44 1.833 29 22 61

    45 23 37 1.833 24 20 57

    46 12 22 1.833 31 14 58

    47 2 4 1.833 30 37 71

  • Report: Perception towards TATA NANO

    39

    48 11 88 2.000 0 0 68

    49 48 80 2.000 0 0 67

    50 43 65 2.000 0 0 68

    51 17 63 2.000 0 0 63

    52 38 50 2.000 0 0 87

    53 34 49 2.000 0 0 67

    54 18 26 2.000 0 12 63

    55 6 10 2.000 0 0 89

    56 45 52 2.167 15 41 65

    57 23 36 2.200 45 40 69

    58 12 95 2.400 46 0 70

    59 78 89 2.500 16 0 73

    60 16 77 2.500 38 0 64

    61 13 25 2.500 36 44 74

    62 20 82 2.625 39 21 69

    63 17 18 2.750 51 54 74

    64 8 16 2.857 0 60 71

    65 45 91 3.000 56 0 82

    66 24 58 3.000 0 0 81

    67 34 48 3.000 53 49 85

    68 11 43 3.000 48 50 80

    69 20 23 3.156 62 57 76

    70 12 60 3.167 58 28 76

    71 2 8 3.200 47 64 83

    72 1 75 3.333 42 0 75

    73 47 78 3.667 0 59 84

    74 13 17 3.762 61 63 82

    75 1 74 4.500 72 0 95

    76 12 20 4.901 70 69 85

    77 3 5 5.000 0 0 90

    78 19 28 5.167 43 34 86

    79 14 98 5.500 27 0 88

    80 11 42 5.500 68 26 83

    81 7 24 5.500 0 66 93

    82 13 45 5.603 74 65 84

    83 2 11 6.064 71 80 89

    84 13 47 6.408 82 73 91

    85 12 34 6.870 76 67 86

    86 12 19 7.684 85 78 91

    87 38 39 8.000 52 0 93

    88 9 14 8.000 0 79 92

    89 2 6 8.263 83 55 92

    90 3 54 8.500 77 0 94

    91 12 13 8.992 86 84 96

    92 2 9 9.595 89 88 95

    93 7 38 9.778 81 87 96

    94 3 21 10.667 90 0 97

    95 1 2 10.832 75 92 98

    96 7 12 13.791 93 91 97

    97 3 7 14.300 94 96 98

    98 1 3 15.586 95 97 99

    99 1 90 30.899 98 0 0

  • Report: Perception towards TATA NANO

    40