Marketing Research project

INDEX

 

Table of Contents:                                                       Page No.

 

 

 

  1. Introduction                                                              7

 

  1. Company Profile                                                                11

 

  1. Methodology                                                             53

 

  1. Objectives                                                                              54

 

  1. Scope                                                                                    55

 

           6.          Research  design                                                                               56

 

         

           7.          Limitations                                                                                        58

 

 

           8.          Organizational  structure                                                                67

 

 

           9.          Questionnaire                                                                                    68

 

 

         10.          Analysis                                                                                              71

 

 

         11.          Findings                                                                                             86 

 

 

         12.          Suggestion                                                                                          87

 

 

         13.          Bibliography                                                                                     88                                                                         

INTRODUCTION

 

Marketing Research:

        It is the systematic and objective search for the analysis of information relevant to the identification and solution of any problem in the field of marketing.

Meaning:

“Industrial marketing is a human activity directed towards satisfying wants and needs of organization through the exchange process”.

An exchange transaction consists of product exchange, information exchange, financial exchange and social exchange. Industrial markets are geographically concentrated having relatively few buyers facing oligopolistic competition. Their products are customized & with technical complexity which is important in terms of services delivery and availability. These marketing involve buyers functionally maintaining interpersonal relationships pre-dominating technical expertise. In these types of markets emphasis laid on personal selling pf products including lint pricing on standard items and negotiation on complex purchase. Channels of distribution are shorter, more direct with fewer linkages.

 

 

Marketing:

     Marketing is human activity that is directed at satisfies needs and wants through exchange process. Marketing has been viewed as on ongoing or dynamic process involving a set of various activities involved in generation of markers and also satisfying customers through the distribution of quality products and services. It deals with market information, product development, pricing physical distribution and decisions.

“Marketing is a process by which individuals and groups obtain what they need and want by creating exchanging products and values with each other”.

Marketing is a societal process by which individuals and groups obtain what they want and need through creating, offering and freely exchanging and products and services of value with other. Its role is to deliver a higher standard of living.

-Philip   Kotler

 

 

 

 

Marketing:

Marketing operations are through dealers network, mainly to have segmented the markets into districts, in which there will be regional manager and sales staff looking after the necessary operations with the help of regional/local sales force the dealers passes their order to the factory.

 

Scope of Marketing:

         Marketing is typically seen as the task of creating promoting and delivering foods and services to customers and business. This is performed with goods, services persons, places, information, ideas, properties, organization, events and properties.

 

Marketing Concept:

It holds that, the key to achieving its organizational goals consists of the company being more effective then the competitions in creating, delivering and communicating value to its chosen target markers.

 

 

 

Customer Value:

It is the bundle of benefits customers expects from a customer.

 

Customer Cost:

It is bundle of costs incurred by the customer to acquiring the product.

 

Customer Delivered Cost:

        Customer value-customer cost.

 

MARKETING CHANNELS:

These are sets of interdependent organizations involved in the process of  making a product or service for the use of consumption.

 

SALES PROMOTION:

It consists of a diverse collection of incentive tools mostly shot-term activity designed to stimulated quicker and/or greater purchase of particular product/services by consumers or the trade.

 

 

 

BRIEF HISTORY OF THE COMPANY:

The company was incorporated under the Indian companies Act, 1956 on 18th  June 1981 as Visaka Asbestos Cement Products Limited. With effect from 9th August 1990, the name of the company was changed to Visaka Industries Ltd.

 

PRESENT ACTIVITIES OF THE COMPANY:

The company is a multi product/location establishment presently engaged in the manufacture and marketing of Building Products and Synthetic Blended Yarn.

The present production capacity of the company is as follows:

 

Product

 

Installed

    Capacity

Production in MT’s

04-05     05-06        06-07

Building Products

 

 

 

 

 

Synthetic

Blended

Yarn

 

 

 

 

1224 Air Jet

Spinning

Positions

 

100330     114901     170786

 

 

 

 

 

 

4027        4633         4198

 

 

 

 

BOARD OF DIRECTORS:

Chairman:

Shri M.Sreenivasa Rao

Directors:

Shri B.B.Merchant

Shri V.Pattabhi

Shri Nagam Krishna Rao

Shri H.Dayakiran

Smt.G.Saroja Vivekanand

Managing Director:

Dr. G. Vivekanand

Corporate V.P/Sr. V.Ps

NAME

Designation & Dept.

Shri M.P.V .Rao

Sr.Vice President (Tech)-A.C Dvn.

Shri M.Venkataratnam

Sr.Vice President (Mktg) Sr.Vice

Shri K.R.Sharma

President (Textile)

Shri K.V.Soorianarayana

Sr.Vice President (Corporate) Sr.Vice

Shri E.Krishna Moorthy

President (Int.Dvn.)-Tex.Dvn. Sr.Vice

Shri V.Vallinath Shri

President (Finance) Sr.Vice President

P.K.Kapoor Shri

(Domestic)-Tex.Dvn.Sr.VicePresident

B.Raghavaiah Shri

(Gr.H.R & Admn.) Sr.Vice President

B.Raghavaiah Shri

(Mktg.)-AC Dvn. Vice President

V.T.Rabindranath

(Mktg.)-AC Dvn.

 

PROMOTERS:

 

The company was jointly promoted by APIDC and Dr.G.Vivekanand to manufacture Fiber Building Products. Dr.G.Vivekanand is a first generation entrepraneur. APIDC has since divested its entire stake and subsequently the same has been brought back by Dr.G.Vivekanand.

 

 

 

 

 

 

 

 

PROCESS AND TECHNOLOGY

The Companies Spinning Unit employs the latest spinning machines based on the Air Jet Spinning Technology procedure from Murata of Japan and Visaka is the biggest leader of Air Jet Spinning in the World with highest productivity and efficiency . The Company's three Asbestos Cement Sheet Manufacturing Units operating at above 100% of capacity utilization with ISI accreditation. These units employ .a continuous technology.

 

GEOGRAPHICAL COVERAGE OF UNITS:

The locations of Company's Building Product Plants and Synthetic Blened Yarn Plant are as follows.

Sl. No.

Units

Unit Head & Designation

1

A.C.Division-1

Yelumala Village

R.C.Puram Mandal

Medak Dist,

ANDHRA PRADESH

Mr.A.K.Bhatacharjee

Head of Plant Opern.

2

A.C.Division-11

Paramati,

Namakkal Dist.

Tamil Nadu

Mr.Vijay B.Behere,

General Manager (Works)

3

          A.C.Division-111

Mindapore West,

West Bengal

Mr.Vinod Simon

General Manager (Tech.)

4

A.C.Division-lV

Tumkur

Karnataka

The project in process now & the Commercial prodn.is expected within February -2005

5

TextiIe Division

Village Chiruva

Tah: Mouda Dist: Nagpur

Maharashtra

Mr.A.S.Arya

Sr.Vice President (works)

 

RAW MATERIALS

The main raw materials for Building Products are Asbestos Fiber, fly ash manufacturing unit and cement .The former is imported amongst others from lab Crysotile INC., of Canada and Sama Fibers of Brazil, where as the latter is manufacture indigenously and is procure amongst others from Orient Cement, Rajashree Cements and India Cement Ltd.

The main raw material required for the Spinning Division or Polyster, Acrylic and Viscose Fibers. The company procures the Polyster Staple Fiber from Reliance Industries Ltd., IPL, and IOCL etc., the Viscose Staple Fiber is Procure from Grasim Industries Ltd. And South India Viscose Ltd.

 

POWER

The power required for the Building Products Divisions at Patancheru Plant 650 KVA and is being drawn from AP State Electricity Board, for Paramati Plant 500 KAV drawn from Tamilnadu State Electricity Board .The Company has installed stand-by generation for 100% requirement.

In the Spinning Division, power requirement is 3500 KVA, which is met of supply from Maharashtra State Electricity Board and is satisfactory.

 

MARKETING

The Company has established over the years, a vast and dependable dealership netwotj of 1100 dealers for marketing of Building Products and has 18 own Depots in the important centers in Central and South India.

The Company's Spinning Division is manufacturing Polyester/Vision blended yarn. The end uses of these Yarns are manifold, such as suiting, shirting and dress material. The Company's major clients include Siyaram Silk Mills, Grasim, Raymonds, sabtogen Mills, Harry's Collection, Pantaloon, Indian Rayon, Mikodo Mills etc. and the Bhilwara group.

In the Spinning Division, the Company has been stesdy progress on the export front since inception. The Company participated in Yarn shows held in Chile, Argetina and Brazil during the period 21st July to 1st August 2000 and in Srilanka during the period 6th to 8th December 2000. The response to the Company's Yarn has been encouraging. The Company's exports during 2003-04 were Rs.1877 lacks. In the expansion unit, the company has installed latest generation High Speed Twin Air -jet Spinning Machine that had better maneuverability to manufacture different varieties of Dyed Yarn, Harrow Milange and other Fancy Yarn.

 

FINANCIAL PERFORMANCE

Particulars                      2001-02                2002-03                2003-04

Turnover                         117.54                  135.37                  160.30

Gross profit                    18.92                    23.60                    28.87

Net Profit after tax                   7.12                      9.01                      10.14

Share Capital

(Incl. Preference capital) 13.21                    13.21                    13.21

Reserves                         36.18                    42.20                    48.99

Dividend (in %)              18.00                    22.00                    25.00

Earnings per share (in Rs)        6.36                      8.13                      9.18

The Company's shares are listed on Mumbai and National Stock Exchanges.

 

CREDIT RATING

The bankers or the Company, i.e State bank of India and State Bank of Hyderabad have accord a credit rating of SB3 to the company. The company has been prompt in making payments of interest and repayment of installments to all Financial, banks and other Creditors, thereby enjoying a good rating with them.

 

 

 

 

 

 

 

 

 

 

DIVIDEND RECORD

Sl.No                                        Year                                        %Of

Dividend

1                                               1987-88                                   12

2                                               1988-89                                   12

3                                               1989-90                                   12

4                                               1990-91                                   10

5                                               1991-92                                   17   

6                                               1992-93                                   --

7                                               1993-94                                   --

8                                               1994-95                                   15

9                                               1995-96                                   16

10                                             1996-97                                   12.5

11                                             1997-98                                   12.5

12                                             1998-99                                   6

13                                             1999-00                                   16

14                                             2000-01                                   18

15                                             2001-02                                   18

16                                             2002-03                                   22

17                                              2003-04                                   25

 

OUR COMPETITORS IN THE MARKET

 

TEXTILE DIVISION

Today, the Textile Division is the largest Air Jet Yarn in the world. The Competitors to our Yarn in the Domestic as well as in the Export Market are as follows:

 

Competitors in the Export Market

From INDIA

 

■ M/s Rajanathan Spinning & Weaving Mills

■ M/s Rajasthan Textile Mills

■ M/s Priyadarshani Spinning Mills

■ M/s Forber Gokak Mills

■ M/s Reliance Chemotex

■ M/s Indorama Synthetic Ltd.

■ M/s Reliance Ind. Ltd.

■ M/s Jayashree Textiles

 

 

From INDONESIA

 

■ M/s Sunrise Textiles

■ M/s Indoliberty Textile

■ M/s Indirama Synthetic Ltd

■ M/s Lotus Indal Textiles

■ M/s Kewalram Textiles (Indonasia)

■ M/s Elegant Textile Industry

 

From THILAND

 

■ M/s Alpha Spinning

■ M/s Indo Thai Textiles

 

From PHILLIPINES

 

■ M/s Indophil Textile Mills

■ M/s Kewalram Chanrai Group

 

 

VISAKA'S ACHIEVEMENTS

• Achieved 100% utilization in the Patancheru Plant within one-year   commencement of operation.

• Diversified and implemented a totally new technology Air Jet Spinning and became the World's largest setup for manufacture of Twin Air Jet Spun Yarn. The quality produced in this mill comes within the top 5% of the best quality of the Yarn produced in the world.

• Steady Growth -Grown from a single product single location Company to multi product multi location Company. The turnover of the Company has grown from Rs.5/- crore to Rs. 160/- crores over a period of 17 years.

• Consist ent Dividend Payment Record

• Prompt repayment to the banks and financial institutions.

• As social  responsibility, Company established  Charitable  Trust to support initiatives that benefits the Society at large.

 

 

 

 

 

 

AWARDS

• Highest productivity award from the Andra Federation of Chamber of Commerce and Industry in 1987.

• Best Management award from the Government of Andara Pradesh for the year 1987

• Best Entrepreneur of the year award from the Council for Industry and Trade Development for the year 1990-91.

• Highest Productivity award from the Council for Industry and Trade Development for the year 1995.

• Best Industrialist award from the Government of Tamilnadu for the Year 2000.

• Best performance in Large and Medium Sector for the year 2001 awarded by All India Manufacturer's Organization, Andra Pradesh State Board.

• A.P.Distinguished Industrialist Awarded for the year 2003 awarded by Exhibition Society.

 

 

 

 

 

OUR CULTURE

Our culture is a key strength our success and we are always knows for our culture in the society. We believe that our people are our strength in building a strong culture and making our business as well as social mission always successful. That is the reason that we rate our people as our most valuable assets than money and machine. The following traits are the key factors to build up a strong culture in Visaka.

 

Openness

The people are free to express their ideas, opinions, suggestions & feeling to each other irrespective of the level and position in very conducive manner and such expression are heard  and  it  provides  an  opportunity for  individual  to  explore their talents.  The Organization also handles this expression for discovering new ways for taking action for better.

 

Trust, Collaboration & Delegation

We, as members of one family, believe each other. There are no overheads to check if the people mean what they say. The word given by the individual or the team is relied on. We always try to help each other in a bid to ensure that the larger organization goals are implemented properly. We believe in a culture of synergy in the organization. We put more emphasis in the feeling of "we" the "I".

 

Family Culture

We live and grow in an environment, where we share our pleasure & sorrow among each other. We always like to work together in one canteen. The Corporate Executives, during their visit to the plants, like to talk to the people, face to face irrespective of their levels & positions about their family as well as company's activities.

 

Sense of Commitment & Belongingness

Every body has a pride to work in Visaka with a religious feeling that "Organisation First". Every body is committed to do what they do with a feeling that he/she is the owner of the company & is always responsible for his/her deed.

 

 

 

 

 

Visaka's Image

The company stands for it's image in the society. It is the expectation of the Company that it's employees should contribute in such a way, which will boost up the company's image. As a result of which both the company along with its employees will be known for it's culture in the public. Every employee should act as an ambassador of the company in magnifying the image of the company through his/her attitude, integrity, behaviour and character by that the people in the society would take the name of VISAKA with respect. Always we should see that the Visaka's flag flies high in the

global arena.

 

Career Growth of the Employees

The company is always committed for the growth of its employees. The management is also committed to encourage the talent within the organization to fill up the vacancies in the higher positions.

Every year, the company invests a large amount of its income on training & development of it's employees in a bid to develop the competency of each employees to contribute his/her best for the organization.

 

 

Customers Perspective

It is company's continuous endeavor to become a competitive leader in customer's satisfaction through competitive cost & quality of its Textile as well as Asbestos product and also extending in time service to the customers.

Its customers always rate Visaka as a marker leader in quality of its products. The company pits it's best efforts to continuously improve the satisfaction level of the customers by way of:

• Continuous improvement in quality

• Maintaining competitive price

• In-time supply to the customer

• Frequent market study to know the taste of the customers

Collecting the feed back of customers & instant action on the same

 

Contribution for the Society

The company, other than business, has always held a firm view that the corporate, which benefits from the society, should repay back to the society through different kind of welfare activities with a view to up lift the standard of living of the people. The aforesaid sociable feelings of the company gave birth to.

"VISAKA CHARITABLE TRUST" in the year of 2000. the trust has carried out many activities in around of it's Factories in Yelumala village, Ramchandrapuram , Medek Dist of Andhra Pradesh , Chirwa, Marodi, Mouda, Kharbi, Tarsa village of Nagpur Dist, Maharastra,  Manikkanatham village of Paramati- Velur Taluq, Namakkal Dist, of Tamilnadu and also in the backward districts like Adilabad, Karimnagar of Andhra Pradesh .

 

Some of the Welfare Activities of the Charitable Trusts are mentioned below

  • Dug 160 Bore Wells in remote villages, which were thirsting for drinking water
  • Supply of Drinking Water through tankers in the dry coal town of Mandamari for last 4 years.
  • Construction of Irrigation Tanks in remote villages, which has benefited about 400 poorest of poor families belonging to scheduled caste.
  • Built 50 class rooms for schools/colleges
  • Reimbursement of salaries for 26 teachers for last 4 years
  • Provided Computers/Furniture, worth of Rs.50 lakhs to schools
  • Paid fees to the Govt, for up gradation of Primary/Upper primary schools to High schools
  • Bearing Education Expenditures including Books & uniform for 30 High Schools student everyday
  • Provided Night Shelter for street children at Secunderabad
  • Conducted 4 Eye camps, resulted in restoring eye sight to about 500 old people
  • Conducted 3 mega Health camps, benefiting about 3000 people
  • Donated 83 nos. of Sewing Machines to the poor families at GodavariKhani & other areas
  • Construction of houses for poor people, lost houses in fire hazards
  • Organized 1.OOlakh sticker printing with the slogan, "I LOVE INDIA" to create National feelings among the fellow citizens, etc
  • Donated Rs.2,50,000 to Care Hospital, Hyderabad for surgery of poor cardiac children patients
  • Donated patrolling jeep to the local Police dept. for patrolling purpose in Neckless Road area to prevent suicidal deaths
  • Donation for various water supply scheme in different region

 

 

 

GROWTH PROSPECT OF THE ORGANISATIO

The Company has its future growth plan to achieve Rs.750.00 crores as a group turnover with 20% of return on investment by the year 2010. This goal can be achieved through acquisition, expansion and developing new products. The expansion in Textile Division has already been completed in the month of August-2004 resulting to acceleration of it's production capacity by 40% more. The company has it's further plan for investment in Textile product (ie., spinning, weaving, dying & garment product) by looking into the market potential in the near future.

All efforts are being put to make the company as a significant player in Asbestos sheets market within the year 2010. After successful implementation of it's 3rd AC Dvn. at Medinapur, W.B in 2003-04, the company has already started the project work of it's 4th AC Dvn. at Tumkur of Karnataka state with the aim of commencing the commercial production by December-04. Besides above the company has also plan for expansion and acquisition in its AC Division in future.

 

 

 

 

VISAKA INDUSTRIES LIMITED Health & Safety Policy

(For A.C.Division)

We at VISAKA are sincerely committed to Make, Market & sell Cement products that are safe for the Consumer and reaffirm our commitment to provide safe 7 healthy work environment. We at all levels will be responsible and accountable for Occupational Health & Safely performance of the factory. At the same time, it is also a duty of every employee to work in a safe manner, so as not to endanger themselves and their colleagues at workplace. Towards achieving this goal, we shall

  • Ensure compliance with all relevant statutory & other subscribed requirements
  • Set safely & health objectives & targets and regularly review for continual
  • Improvement
  • Identify associated hazards, and implement appropriate steps to control risks at acceptable level
  • Prevent  injuries  &  occupational  illnesses through  full participation  of all
  • employees by
    • Awareness training on safety & health management systems
    • Regular promotional campaigns & information dissemination
    • Having safely committees with adequate employee representation.
  • Document, Implement, Maintain & make the policy readily accessible to all
  • employees at work
  • Communicate  the  policy  to  all  employees  to  make them  aware  of their responsibilities
  • Make the policy available to relevant interested parties

 

Date                                                                           Managing Director

 

 

 

 

 

 

 

 

 

VISAKA INDUSTRIES LIMITED

Health & Safety Policy (For Textile Division)

We at Visaka Industries Ltd. are committed to carry out the Production and associated activities of synthetic yarn with due regard and foremost account of the safety and health of all the employees.

To accomplish this, we shall:

  • Involve all our employees for preventing fire & accidents.
  • Protect health of employees from occupational hazards.
  • Insure safely & health of all the employees at site.
  • Adopt the best practices/measures for occupational health & safety management.
  • Promote awareness among all employees for their shared responsibilities towards safety & health.
  • Strive to give protection to an individual employee, their family and Visaka Industries Ltd., as a Company.
  • Communicate the  policy to  all  employees  to  make them  aware of their responsibilities.
  • Make the policy available to relevant interested parties.

 

Date                                                                           Managing Director

PERFORMANCE MANAGEMENT

The purpose is to focus on the performance of the organization, departments and Individual employee.  Looking into the goal of the organization, the depts. And individual employee set their annual goals at the end of every financial year for the succeeding financial year. The system enables an employee to know that what is expected of him/her, what he/she contributed or he/she stands & where he/she needs improvement. However the other objectives are as follows:

  • To enable each employee to understand his/her role better and become more effective on the job.
  • To understand strengths & weaknesses with regard to his/her role in the organization.
  • To identify Training & Developmental needs of each employee.
  • To improve relationship between superiors and subordinates through the realization that each is dependant on other for better performance and success in the interest of the organization.
  • To prepare employees for higher jobs by continuously reinforcing development of behaviour and qualities for the higher-level position.
  • Generating relevant data on each employee periodically.
  • Provide opportunity for self-evaluation so that remains on the path of development.
  • Recognizing achievements.
  • Reward for performance.

Method:

(Annual)

  • K.R.A (Key Result Area)
  • Self Appraisal
  • Appraisal by the Immediate Boss & H.O.D

(Half Yearly)

  • Review of performance.

Obviously the performance appraisal report has an important bearing on the following:

  • Promotion to the higher post
  • Confirmation in a grade/service
  • Grant of increment in pay scale
  • Training & Development

 

 

 

PROMOTION POLICY

It is the policy of the company to elevate an employee against his/her outstanding contribution. In case of any vacancy in higher position, the preference is given to the inside talent & the outsider is only allowed to occupy incase of non-availability of a deserving employee. The seniority or age is not a core criterion for the promotion. There are other important factors, responsible for the elevation of an employee, stated below:-

  • Outstanding   performance and   contribution   for achieving the goal   of the organization.
  • General competence & quality of the work
  • Capacity & volume of the work, which employee can discharge effectively
  • Attitude, devotion & sense of belongingness to the organization
  • Availability of vacancy

 

A C Layer Formation

Raw material slurry in the Dilution tank is further diluted by adding the recycled water and then fed to the sheet-matching machine consisting of 5 vats. In each vat is placed a rotating hollow cylinder of an enmeshed peripheral surface (covered with a fine wire cloth of a definite mesh size). An endless felt continuously moves over the sieve cylinders the machine and till the sheet is formed, most of the water quantity added to form the slurry is freed from it and recycled for next batches. Dewatering is carried out through the following process application.

 

Filtration through sieve cylinder:

The water of the slurry filters through the sieve cylinders allowing the asbestos cement film to deposit over the sieves. These picked-up deposits on the sieve cylinders get transferred to the moving endless felt in the form of fine asbestos cement layer by means of couch roller that keeps the moving endless felt tight pressed against the sieve cylinders. The water squeezed out during filtration and couching operation is pumped to the recuperator tank for recycling.

 

Vacuum Application:

The endless felt carrying the elementary layer of asbestos cement passes over the suction trays which are connected to the vacuum pumps, water thus separated from the water separator connected to vacuum pump is also taken to the recuperated from the water separator connected to vacuum pump is also taken to the recuperator tank for recycling.

Layer Compaction:

Asbestos Cement layers from the endless felt is, then, transferred to and wrapped around a sheet-forming drum. The layer is allowed to get squeezed in through the drum and a rubberized roller and get wrapped around the drum while continuously being compacted under the pneumatic loading of the drum till the desired thickness is achieved. The water squeezed out during this compaction process is also sent to the recuperation tank for recycling.

 

Sheet Formation:

The sheet is automatically cut off from the drum to fall into a moving conveyor (Take-off conveyor) and get carried to the side-trimming bench. Here each sheet is stamped using a roller stamping arrangement.

 

Corrugation:

Sheet after cutting into required size is corrugated into the standard profile in the Atmospheric Corrugation BOX (ACB). The ACB has a sheet sucker hood which sucks the sheet off the conveyor, corrugates it and places it over template placed over a mobile trolley. The Template Sucker Hood attached to the ACB, which lifts an empty template from the accumulated empty templates, placed over another mobile trolley places it over the corrugated sheet.

 

Initial Curing:

When one trolley is full (around 30 X 2) it is taken to the initial curing chamber where it is kept for 10 to 16 hrs. For initial curing. Heat evolved due to the exothermic reaction of cement with water in the AC sheet envelops the chamber making the sheet hard enough to be handled after 10-16 hrs.

 

Stripping Operation:

After initial curing sheet trolley is taken to the Destacker where sheets are separated and stacked over an MS pallet with templates removed and accumulated over a trolley for recycling after oiling.

 

Final Curing:

 

 

 

 

TEXTILE DIVISION:

Introduction:

Visaka Industries Ltd. was established in 1985 and diversified into Textile in 1992 with its unit at village Chiruva, Tah Mouda, Dist Nagpur in Maharashtra State. In our Textile division we manufacture yarns by using state-of-the-art Twin Air Jet spinning technology from Murata, Japan with 28 MTS machines equivalent to nearly 42,000 Ring Spindles.

We produce about metric tones of yarn per year. Besides supplying to the domestic market, we also export to different overseas countries including Italy, Belgium, U.K., Spain, Germany, Australia, Mexico, Turkey, Japan, Thailand and Indonesia since 1992.

Today Visaka is acclaimed as the biggest unit with MTS installation in the world. We have achieved the highest productivity and highest efficiencies, maintaining the best quality standards in the world. By adhering to the stringent quality control measures and being sincere to quality systems, Visaka industries Ltd., was awarded the ISO 9002 certificate in 1995 by BIS (Bureau of Indian Standard) which has been revised to ISO 9001: 2000 subsequently. We have also Export House status since 2001.

Visaka commands a "place of pride" for its consistency in quality, on time delivery and friendly service in domestic as well as international market.

Visaka has successfully developed Melange yams, Grandrelle yarns, High twist yarns and specially yarns with different blend yarns.

 

The quality policy of the Textile Division says:

Visaka Industries Ltd. (Textile Division) is committed to produce yarn in conformance to meet the specified requirements of its valued customers and shows continuous improvement in the quality products and services by

■ Religiously adhering to IS/ISO 9001:2000 Standards.

■ Encouraging and Motivating each of its employees to contribute their best by keeping them abreast with latest development in technology through training.

■ Ensure suitability and effectiveness of quality management system by reviewing the quality policy and objectives from time to time.

 

 

 

SPINNING PROCESS OF TEXTILE DIVISION

 

 

 

BLOW ROOM

 

CARDING

 

 

DRAW FRAME

 

 

M.T.S.

(Murata Twin Spinners)

 

T.F.O.

(Two for one)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Raw Material:

1) Polyester Staple fiber

2) Viscose Staple fiber

 

Final Product

1) 100% Polyester yarn

2) 100% Viscose yarn

3) Polyester Viscose blended yarn

 

Brief description of process:

Mixing/Blow Room:

This is the first step of spinning. It involves:

< >Opening the compressed fiber in bale into smaller tufts. The opening and cleaning is obtained by fast rotating cylinders with pins. Fiber after entering the chamber, strikes a cylinder, which opens and cleans the flock into smaller tufts. The final stage of blow room transports the material pneumatically to the next process called carding by chutes.

 

ii) Homogeneous blending of two or more different fibers.

 

Carding:

The carding process is the heart of spinning. Well-carded fiber is considered to be half spun. Carding is done for:

i) Fiber individualization

ii) Extraction  of trash and reduction of neps.

iii) Convert the sheet of fibres into sliver form.

Fine saw tooth wire points opening each other bring the carding action. Control of mass variation is one of the prime requirements of spinning. This control is required at every process of manufacturing. First stage of control is in the carding process. Every card is fitted with an autoleveller (either electronic or mechanical), which serves this purpose of controlling the mass variation. If the purpose exceeds a certain limit the machine is automatically stopped. There by a 24 hr round the click check is ensured.

 

Draw frame:

The draw frame is used with the prime objective of:

i) Parrelisation of sliver by drafting and doubling.

ii) Improvement in evenness.

The control of mass variation is of prime importance here. Most of the finisher passages draw frame is provided with "Silver Data On-line Monitoring system". This electronic system monitors and stops the machine, if the present limits are exceeded.

 

M.T.S.(Murata Twin Spinners):

The M.T.S is used with the prime objective of:

i)     Spinning of two parallel yarns,

ii)    Falls twisting by air vorters.

iii)   Winding of parallel yarn into cheese form.

Here drafting of a sliver to desired count is done through 4 top rollers and 4 bottom rollers.

 

T.F.O:

i) Here twisting of two parallel yarns into single yarn is done with a view to give strength to the yarn. A single revolution of a spindle impacts two twists to the yarn due to which this machine is known as TFO (Two for One),

ii) Winding of twisted yarns into cones.

 

Packing:

 Packing of the cones is done considering the market requirement. Thepacking can be of the following types.

 

< >Bag Packing: For domestic market cones are packed in bagsCarton Packing: For export market cones are packed in cartonsPallet Packing: For export market cones are also packed on palletsvi. Cartons on Pallets: For export market cones are packed in cartons and for further safely of the finished material the cartons are packed on pallets. 

 

 

 

 

 

 

 

 

 

 

 

 

PERSONNEL POLICIE S & PROCEDURES OF

CORPORATE OFFICE

 

ATTENDANCE SYSTEM

The company has installed computerized attendance system cum access control for recording of incoming & outgoing of the employees. This system operates through showing the identity cum attendance and access card before the electronic reader at the main entrance as well as the reader installed at the different floor at the beginning of the office hours i.e., 9.00 a.m. and again to operate the card in the same manner at the end of the office hours i.e., 5.30 p.m. These electronic attendance systems are in turn linked to a computer, installed in the HR dept. The electronic attendance card is only issued to the permanent employee of the company from HR dept.

All employees are required to report for duty 15 min before the beginning of the shift. An employee working in a place in any shift were the work/process is continuous in nature he cannot leave the work place after end of his/her shift without handing over the charges to the reliever.

 

 

Out Pass:

The staff going out side during office hours has to submit the Going Pass(duly signed by the concerned H.O.D) at the Security Dept. Where the out and in time of the concerned staff is recorded.

 

LEAVE ADMINISTRATION

The salient features of the leave rules applicable to all the staff members of the company

are as follows:

 

LEAVE YEAR

The leave year for all kinds of leave is the financial year.

LEAVE ENTITLEMENT IN DAYS (per year)

Leaves  Staff below Officer  Manager & above   Officer & above

 

Casual              12                                   06                         06

Sick                   00(ESI Leave)                08                         08

Privilege            15                                   30                         30

Maternity 12 weeks (only for female employee)

 

FREQUENCY OF TAKING LEAVE

Casual leave- as required, subject to maximum 2 days at a stretch. Privilege leave- can be availed subject to max. Of 3 times in a year.

 

ACCUMULATION OF LEAVE IN DAYS (per year)

 

Leaves   Below Supvr.   Supvr. & Officer   Asst.Mgr & above

 

Casual               No                        No                        No

Sick                   28                         28                         28

Privilege           45                         60                         90

 

GENERAL RULES (FOR LEAVES)

< >No leave can be claimed as a matter of right; sanction of leave is always subject to exigencies of work and management discretion.Privilege leave will be due in a succeeding year after completing 240 days in the preceding year.Casual leave cannot be combined with any other type of leave. When leave is spent out of station, the outstation address with telephone number will be furnished in the leave application.Leave will be availed subject to sanctioned by the sanctioning authority expect in case of extreme emergency. But incase of emergency the concerned head of dept. will be intimated at the earliest time.Medical certificate is required incase of sick leave more than 2 days. 

 

LIST OF PAID HOLIDAYS

< >Makar SankranthiRepublic dayMay dayIndependence dayGanesh ChaturthiGandhi jayanthiDasserraDiwaliA.P.Formation Day 

 

 

 

 

EMPLOYEES WELFARE SCHEMES

< >Independence Day      Flag hoisting, speech and sweet distribution.

 

< >Dassera      Pooja, speech and sweet distribution

 

< >Annual Picnic New Year Day Celebration Vehicle Loan & housing LoanInsurance CoverageGroup Personal Accident Policy (incase of accident anywhere at anytime)Janata  Personal  Accident Policy (incase  of accident  death  anywhere at anytime)Leave Travel Allowances (LTA) LTA is applicable to all staff and reimbursed once in a year as per the

 

Company's rule.

 

Gratuity:

All permanent to all staff members are eligible for payment of gratuity only after completion of 5 years of continuous services.

Provident Fund:

All employees are coverage under the Employees Provident Fund Act, 1952 and entitled to benefits under the act.

 

Superannuating Fund:

The entire manager are invited to join the Superannuation Fund with Employer contribution of 15% on the basic salary p.m.

 

E.S.I.COVERAGE

As per the provision of the Act.

 

Bonus/Ex-Gratia:

The eligible employees are entitled to get the bonus and the rate of bonus is assessed as per the allocable surplus. The employees not covered under the bonus act get exgratia in lieu of bonus subject to company's policy decision.

 

 

 

 

RESEARCH METHODOLOGY

 

STATEMENT OF THE PROBLEM:

 

“A Study on perception of Dealers towards asbestos cement sheets in Twin cities of A.P” with special reference of Visaka Industries Limited.

          Visaka is being quality brand with a good brand image in the asbestos industry now; it is facing more competition from different brands of asbestos in the market of Twin cities. So, a research has been done to know perception of dealers.

 

 

 

 

 

 

 

 

 

 

OBJECTIVES FO THE STATEMENT:

 

< >To Study business operation by players involved.To elicit opinion about sales in future from trade people.To fine out the which media to promote through dealers.To fine out which companies promotional activities and services are good.To fine out customer feedback an asbestos sheets consumption. 

 

 

 

 

 

 

 

 

 

 

 

 

SCOPE OF STUDY:

 

The Scope of study pervades the data collected from the dealers of different cement brands. The study is mainly, which might help shutdown Visaka Industries to know the pulse of the customer and the competitive techniques used by theirs players.

The study reveals the size of the market of asbestos cement sheets in Twin cities, which will be helpful for the company to expand its market and increase its sales in different areas of the city.

 

 

 

 

 

 

 

 

 

 

 

RESEARCH DESIGN:

 

< >Sampling Technique:The technique is used in the study is Simple Random sampling procedure.

 

 

< >Sample Unit:In the study of research has been done towards the dealers of different brands of Asbestos cement sheets in Twin cities.

 

 

< >Sample Size:     Sample size 100 Dealers belonging to different areas of Twin cities was drawn.

 

 

SOURCE OF DATA:

 

< >Primary Data:Pirmary Data was directly collected from the dealers of different brands of Asbestos cement sheets in Twin cities with the help of a structured Questionnaire.

 

< >Secondary Data:Secondary Data was collected from the company Profile, company broachers.

 

 

TOOLS FOR ANALYSIS:

The collected data is furnished in the form of purposeful tables. The tabulated data is further analyzed with the help of percentage.

          Bar diagrams and pie charts are constructed for quick and easy understanding of data.

 

 

 

 

 

 

 

 

 

 

 

LIMITATION OF THE STUDY:

 

The study has got certain limitations of which a few are listed below

< >The Study is under taken only in twin cities.So the information does not resembles the overall market potential.Is the availability of respondents are less  the survey has been  done on 100 dealers.There may be an error due to market fluctuation.In spite of all these limitations the project can definitely be helpful for asbestos cement sheets in  deciding about the areas of twin cities in which it can setup its  outlets.

 

 

 

 

 

 

 

 

 

 

Review of Literature:

 

Marketing:

          Marketing is human activity that is d\directed at satisfies needs and wants through exchange proceed.

          Marketing has been viewed as on ongoing or dynamic process involving a set of various activities involved  in generation of markets and also satisfying customer through the distribution of quality products and services. It deals with market information ,product development .pricing physical distribution and decisions.

“Marketing is process by which individuals and group obtain what they need and want by creating exchanging [products and values with each other”.

Marketing is a societal process by which individuals and groups obtain what they want and need through creating ,offering and freely exchanging products and services of value with others. Its role is to deliver a higher standard if living.

 

-Philip Kotler

 

Marketing:

Marketing  operations are through dealers network, mainly to have segmented the markets into districts ,in which there will be regional manager and sales staff looking after the necessary operations worth the help of regional local  sales force the dealers passes their order to the  factory.

 

Mission:

          The mission of Visaka asbestos Cement sheets is to provide “THE BEST”  quality at all time to every customer.It os continuous ongoing efforts put on by Visaka too constantly improve the quality if their products.Visaka constantly innovating and growing to meet the needs of a changing market.

 

Scope of Marketing:

Marketing is typically seen as  the task of creating promoting and delivering foods and services to customers and business ,This task is performed with goods, services persons, place, information, ideas, properties, organization, events and properties.

 

 

 

Marketing Research:

It is the systematic and objective search for the analysis of information relevant to the identification and solution of any problem in the field of marketing.

“Industial Marketing is a human activity directed towards satisfying wants and needs of organization through th exchange procee”.

An Exchange transaction consists of produc exchange ,information exchange,finanicla exchange and social exchgagne.Industrail markets are geographically concentrated having relatively few buyers facing oligipolistic competition.Their products are custoomozed & with technical complexity which is important in terms of services delivery and availability .These marketing involve buyers functionally maintaining interpersonal relationships pre-dominating technical expertise .In these types of markets emphasis laid on personal selling pf products including lint pricing on standard items and negotiation on complex purchase.Channels of distributin are shorter ,more direct with fewer linkages.

 

 

 

 

Marketing Concept:

It holds that ,the key to achieving its organizational goals consists of the company being more effective then the competitions in creating ,delivering and communicating value to its chosen target markers.

 

Customer Value:

It is the bundle of benefits customers expects from a customer.

 

Customer Cost:

It is bundle of costs incurred by the customer to acquiring the product.

 

Customer Delivered Cost:

Customer Value-Customer cost.

 

DIFFERENTIOTION:

It is the act of designing a set of meaningful deffereneces to distinguish the company’s offering from competitors offering.

 

 

 

BRAND:

Brand is the name .term.sing,symbol or design or a combination of them to identity the goods or services of one seller or group of sellers and to differentiatie them from those of competitors.A brand is essebtially a sellers,promise to constantly delivery a specific set of features,benefits to the buyers.

 

PRICE:

Price merely measures the amount of the customer’s capital investment.It is viewed as a part of product offering and as a separate element in marketing mix.It is only one determinant of economic impact that a product will have the firm.It is only factor in the marketing mix that produces the revenue unlike ither factor.

 

Retailing:

It includes all the activites involved in selling goods directly to the final customer for personal or non-business use.

 

 

 

Wholesaling:

It include all the activities involved in the selling goods to those whobuy for resale of business use.Companies handle pricingggggg in the small companioes ,pricing if often set by the top management rather than by the marketing or sales people .In large companies ,the division and product-line managers typically handle pricing,and often approve the prices proposed by lower levels of management.

 

ADVERTISEMENT:

An identified sponsor pays it of non-personal presentation and promotion of odeas, goods or services. Advertisers include not only business forms but also charitable non-profit, and government agencies to various group of people. Various types of ads through print, electronic, wall painting.

 

 

MEDIA:

Media is the source through which advertise presents the selected appeal to his potential customer. Awareness of a product is created in the minds of customer through the means of media.

PRODUCT:

Product is anything that can be offered to a market to satisfy a need or need.

 

Industrial Product:

      It is the combination of basic, enhanced and augmented properties.

< >Basic properties are those that constitute the generic product and connote the various benefit sought by buyers and influencers.Enhanced properties are physical additions or deletions to generic product and include the features, styling and quality.Augmented properties are additional benefits connoted in the purchase of a particular product.  These are sets of interdependent organization involved in the process of making a product or service for the use of consumption.

 

 

 

 

 

SALES PROMOTION:

   It consists of a diverse collection of incentive tools mostly short-term activity designed to stimulated quicker and/or greater purchase of particular product/services by consumer or the trade.

 

Marketing:

The marketing operations at present are through dealer network. The company has divided market into districts. In each district there is a regional manager and sales persons.

 

 

 

 

 

 

 

 

 

 

 

ORGANIZTIONAL STRUCTURE:

 

Managing Director

 

 

 

 

Chief of Finance Department

Chief of Production Department

Chief of Personal Department

Chief of marketing Department

Sales Manager

Raw Material

Purchasing

Manager

Asst Sales Manager

Area Sales Maneger

Sales Persons

 

 

 

 

 

 

 

 

 

 

 

 

 

 

QUESTIONNAIRE

 

< >From how many years are you doing business? (a) Less then 1 year  (b) Less than 1-5 years  (c) Between 6-10 years

 

 (d) Between 10-15 years  (e) More then 15 years

 

< >Which brand do you generally deal with? 

 

< >How much quantity do you sell approximately per month (in tunnes)?  (a) Below  15  (b) 15-25  (c) 25-40 (d) Above 40

 

  

< >In your opinion what are the factors based on which customers     purchase a    particular brand?                     (a) Brand image   (b) Price (c) Quality   (d) Availability 

 

 

5. What motives you to recommend a particular brand?

     (a) High profit margin  (b) incentives from the company 

      (c) immediate deliver

 

6. How do you rate the price of the brand?

                  (a) High (b) medium (c) low

 

7. Are you satisfied with the quality?

(a) Highly satisfied (b) satisfied (c) moderately satisfied

(d) dissatisfied

      

8. Which type of media you want for promotion of the product?

< >television (b) news papers (c) wall paintings (d) pamphlets 

 

9.  Rank the brands in order of dealers margin facilities?

     (a) Charminar (b) Visaka (c) Swastik (d) Ramco (e) Upal

 

10. Which company’s promotional activities are good ?

< >Charminar (b) Visaka (c) Swastik (d) Ramco (e) Upalrural areas (b) urban areas 

 

13. Satisfactory levels regarding the credit period given by the company?

                  (a) Highly satisfied (b) satisfied (c) moderately satisfied

(d) dissatisfied

              

14. Who are the competitors you generally come across in the process of sales? 

(a) Charminar (b) Visaka (c) Swastik (d) Ramco (e) Upal

 

15. What type of complaints are generally received about sheets you deal in?

               (a) lack of quality  (b) transversal cracks (c) no problems

               

 

 

 

 

 

ANALYSIS

1. From how many years are you doing business?

        (a) less than 1 year (b) between 1-5 years (c) between 6-10 years (d) between 10-15 years (e) more than 15 years

TABLE:  

a

b

c

d

E

10

25

15

35

15

 

GRAPH:

                       

INTERPRETATION:

                  The above pie chart shows that, 10% of respondents less than one year, 25% between 1-5 yrs, 15% between 6-10 yrs, 35% between 10-15yrs, 15%more than 15yrs are doing business with asbestos cement sheets. 

 

2. Which brand do you generally deal with?

    (a) Charminar (b) Visaka (c) Swastik (d) Ramco (e) Upal

TABLE:

a

b

c

d

E

34

51

6

6

3

 

GRAPH:

                      

INTERPRETATION:

                    The above pie chart shows that 34% of respondents are dealing with charminar AC sheets, 51% of respondents are dealing with visaka AC sheets, 6% of responding are dealing with Swastik AC sheets,  6% of responding are dealing with Ramco AC sheets, 3% of respondents are dealing with Upal AC sheets.

 

3. How much quantity do you sell approximately per month (in tones)?

 

TABLE:

 

a

b

c

D

10

15

35

40

 

 

GRAPH:

                       

                       

INTERPRETATION:

    The above pie chart shows that, 10% of respondents are selling below 15 tones, 15% of respondents are selling 15-25 tones, 35% of respondents are selling 25-40 tones, 40% of respondents are selling more than 40 tones.

 

4. In your opinion what are the factors based on which customers purchase a particular brand?

 (a) brand image (b) price (c) quality (d) availability

TABLE:

   a

b

c

D

27

23

45

5

 

 

GRAPH:

 

                   

INTERPRETATION:

      The above pie chart shows that, 27%  of respondents are choosing brand image, 23% of respondents are choosing price,   45%  of respondents are choosing the quality at the time of purchasing the AC sheets.

 

5. What motives you to recommend a particular brand?

     (a) high profit margin (b) incentives from the company (c) immediate delivery (d) reasonable  price

TABLE:

a

b

c

D

10

5

45

40

      

GRAPH:

                 

INTERPRETATION:

       The above pie chart shows that, 45% of respondents are preferring immediate delivery and 40% of the respondents are preferring reasonable price is recommended on a particular brand, 10% of respondents are preferring high profit margin, 5% of respondents are preferring incentives from the company.

6. How do you rate the price of the brand?

    (a) high (b) medium (c) low

TABLE:

a

b

C

45

55

0

 

GRAPH:

                     

INTERPRETATION:

      The above pie chart shows that, 45% of respondents are telling that the price of the brand is high and 55% of respondents are telling that the price of the brand is medium.

 

 

 

7. Are you satisfied with the quality?

   (a) highly satisfied (b) satisfied (c) moderately satisfied (d) dissatisfied

TABLE:

a

b

c

D

79

11

5

5

 

GRAPH:

 

               

 

INTERPRETATION:

      The above pie chart shows that, 79% of respondents are highly satisfied, 11% of respondents are satisfied, 5% of respondents moderately satisfied, 5% of respondents are dissatisfied with the quality of sheets given by the company.

8. Which type of media you want for promotion of the product?

 (a) television (b) news papers (c) wall paintings (d) pamphlets

TABLE:

A

b

c

D

23

27

37

13

 

GRAPH:

                    

INTERPRETATION:

    The  above  pie  chart  shows  that,  23%  of  respondents  are  preferring  televisions, 27% of respondents are preferring news papers, 37% of respondents are preferring wall paintings, 13% of respondents are preferring pamphlets for promotion of sales.

 

 

9. Rank the brands in order of dealers margin facilities?

        (a) Charminar (b) Visaka (c) Swastik (d) Ramco (e) Upal

TABLE:

a

b

c

d

E

32

42

8

11

7

 

GRAPH:

                     

INTERPRETATION:

     The above pie chart shows that, 32% of respondents are preferring charminar, 42% of respondents are preferring visaka, 8% of respondents are preferring  swastik,  11%  of  respondents  are  preferring ramco, 7% of respondents are preferring upal AC sheets in margin facilities.

 

 

10. Which company’s promotional activities are good?

       (a) Charminar (b) Visaka (c) Swastik (d) Ramco (e) Upal

TABLE:

a

b

c

d

E

22

57

7

9

5

 

GRAPH:

 

                      

INTERPRETATION:

        The above pie chart shows that, 22% of respondents are preferred charminar, 57% of respondents are preferred visaka, 7% of respondents are preferred swastik, 9% of respondents are preferred ramco, 5% of respondents are preferred upal AC sheets in promotional activities.

 

11. In how many days do you receive the order?

     (a) one day (b) 2-5 days (c) 5-10days (d) above 10 days

TABLE:

a

b

c

D

72

28

0

0

 

GRAPH:

                      

INTERPRETATION:

The above pie-chart shows that, 72% of respondents are receiving the order with in 24 hrs, and 28% of respondents are receiving the order between 2-5 days.

 

 

 

12. From which location could you have more customers?

      (a) Rural areas (b) Urban areas

TABLE:

A

B

35

65

 

 

GRAPH:

                    

INTERPRETION:

   The above pie-chart shows that, 35% of customers were coming from rural areas and 65% of customers were coming from urban areas for purchasing of AC sheets.

 

 

 

13. Satisfactory levels regarding the credit period given by the company?

     (a) Highly satisfied (b) satisfied (c) moderately satisfied (d) dissatisfied

TABLE:

a

b

c

D

25

50

15

10

 

 

 GRAPH:

                     

INTERPRETATION:

    The above pie-chart shows that, 25% of respondent are highly satisfied,

50% of respondent are satisfied, 15% of respondent are moderately satisfied, 10% of respondent are dissatisfied with the credit period given by the company.

 

14. Who are the competitors you generally come across in the process of sales?

 (a) Charminar (b) Visaka (c) Swastik (d) Ramco (e) Upal

TABLE:

a

b

C

D

65

5

15

15

 

GRAPH:

                    

INTERPRETATION:

The above pie-chart shows that, 65% of respondents are preferred charminar,5% of respondents are preferred swastik,15% of respondents are preferred ramco,15% of respondents are preferred upal AC sheets as the competitor brands.

 

15. What type of complaints are generally received about sheets you deal in?

                    (a) lack of quality  (b) transversal cracks (c) no problems

TABLE:

A

b

C

15

10

75

 

GRAPH:

                 

INTERPRETATION:

    The above pie-chart shows that, 75% of the respondents were accepting no problem in visaka AC sheets, 15%  of respondents are telling lack of quality, 10% of respondents are telling transversal cracks. 

 

 

FINDINGS:

 

< >By doing of servey  on asbestos cement sheets 34% of the respondents towards charminar brand, 51% of the respondents towards visaka, 6% of the respondents towards Ramco, 6% of the respondents towards swastika and 3% of the respondents towards upal.32% charminar, 47% visaka, 11% swastika, 10% ramco dealers has responded towards the wholesale price variance 85-90.60% of the respondents are recommending visaka brand to customers.Comparing to other brands visaka AC sheets distributor N.S. Patel’s management is very good, but the quality is a little bit less than competitors brand.42% of charminar, 50% of visaka, 4% of swastik, 25 of ramco, 2% of upal promotional activities are good.   In some rural areas dealers who are maintaining other than visaka, they are showing interest to take visaka  dealership, but they are giving advice to maintain the wholesale price rate 85-90, because the people in that areas are not capable to purchase at the present rate.According to dealers view, don’t sell the AC sheets direct from the place of manufacturing to the customers.If the company will increase some more quality, no brand will give yhe competition to visaka AC sheets.In some rural areas sales are less comparing to other areas, so extend the credit period of dealers. 

 

 

 

 

 

 

BIBLIOGRAPHY

 

 

Marketing Management        by               Philip Kotler

 

Marketing Research               by               S.D.Sharma

 

Research Methodology          by               Kothari

 

www.google.com

 

www.visaka.com