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Transcript of Dimple 1
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A
PROJECT
ON.
IN PARTIAL FULFILLMENT FOR THE REQUIREMENT OF
THE DEGREE OF
.
Submitted To: Submitted By:
.. Name..
Lecturer Class Roll No...................
University Roll No.......
Session.
Department of Management
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ACKNOWLEDGEMENT
"Gratitude is not a thing of expression; it is more a matter of feeling."
There is always a sense of gratitude which one should express for others for their help
and supervision in achieving the goals. I am deeply indebted to MR.
for providing me constant encouragement and moral support to complete this task. He
took much time out of his busy schedule to provide me with valuable practical
suggestions at various stages of my work. In spite of his heavy academic and
administrative commitments he ungrudgingly helped me at every stage in my work. 1
can never adequately thank him for the long and highly useful discussions. I had with
him during the course of my research work and for his competently steering me in the
course of the research work. I express my gratitude to Mr. under
whose guidance and supervision I undertook this study. I too express my deep
gratitude to each and every one who has been helpful to me in completing the
Research work successfully. Although I have made an honest attempt try to give somesuggestions but some loopholes may be there, which I suppose will be ignored.
.
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CERTIFICATE
This to certify that Mr. .................................... has proceeded under by supervision his
Research Project Report on Consumer Behaviour and Satisfaction in the
specialization are ..........The work embodied in this report is original and is of the
standard expected of an MBA student has not been submitted in part of full to this or
any other university for award of any degree or diploma. He has completed all
requirements of guidelines for Research Project Report and the work is fit for
evaluation.
Signature of Supervisor
Name
Designation
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A STUDY ON DEALERS SATISFACTION WITH REFERENCE TO TCTL
PRIVATE LIMITED
A Project Report
participated in this study as respondents and expressed their perception and opinion
without inhibitions.
I am grateful to my project guide Mr.Andez George, Nehru School of Management
for his keen interest, guidance and constructive suggestions which helped me to
complete the project report successfully.
I express my boundless thanks to my classmates, family members and all those who
assisted me for the preparation of this report.
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TABLE OF CONTENT
Chapter
Number
Title Page No.
List of Tables
List of Charts
Abstract
I INTRODUCTION
1.1 Introduction to the study 1
1.2 Industry profile 2
1.3 Company Profile 6
1.4 Statement of the Problem 14
1.5 Objective of the Study 15
1.6 Scope of the Study 16
1.7 Research Methodology 17
1.8 Limitations of the Study 19
II REVIEW OF LITERATURE/THEORETICALBACKGROUND
20
III DATA ANALYSIS AND INTERPRETATION 24
IV FINDINGS AND SUGGESTIONS, CONCLUSION 41
APPENDIX (QUESTIONNAIRE, Other materials),BIBLIOGRAPHY
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LIST OF TABLES
Table
No.
Title Page No.
3.1 Table showing Experience in dealership: 243.2 Table showing Time period, being a TCTL dealer: 25
3.3 Table showing Quality of TCTL product: 26
3.4 Table showing Opinion of the dealer on the factor
which enabled them to be the dealer of TCTL:
27
3.5 Table showing Opinion about credit period given by
TCTL:
28
3.6 Table showing about promotional activities: 29
3.7 Table showing Pricing compared with competitors: 30
3.8 Table showing Promotional activity preferred with
TCTL:
31
3.9 Table showing Timely delivery of TCTL products: 32
3.10 Table showing Opinion the employees relation with
you:
33
3.11 Table showing Factor that the dealers expect largely
from the company:
34
3.12 Table showing Opinion about the proper accessibility
of TCTL product:
35
3.13 Table showing The next largest supplying brand in
demand:
36
3.14 Table showing Opinion about companies over all
service performance today compared to last year:
37
3.15 Table showing After sales service given by the
company
38
3.16 Table showing dealers who recommend TCTL
products
40
LIST OF CHARTS
Chart
:No.
Title Page No.
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3.1 Chart showing Experience in dealership: 24
3.2 Chart showing Time period, being a TCTL dealer: 25
3.3 Chart showing Quality of TCTL product: 26
3.4 Chart showing Opinion of the dealer on the factor
which enabled them to be the dealer of TCTL:
27
3.5 Chart showing Opinion about credit period given by
TCTL:
28
3.6 Chart showing about promotional activities: 29
3.7 Chart showing Pricing compared with competitors: 30
3.8 Chart showing Promotional activity preferred with
TCTL:
31
3.9 Chart showing Timely delivery of TCTL products: 32
3.10 Chart showing Opinion the employees relation with
you:
33
3.11 Chart showing Factor that the dealers expect largely
from the company:
34
3.12 Chart showing Opinion about the proper accessibility
of TCTL product:
35
3.13 Chart showing The next largest supplying brand in
demand:
36
3.14 Chart showing Opinion about companies over all
service performance today compared to last year:
37
3.15 Chart showing After sales service given by the
company
38
3.16 Chart showing dealers who recommend TCTL
products
40
ABSTRACT
This project work is A Study on Dealers Satisfaction With Reference To TCTL
Private Limited The study was conducted with respect to dealers of the organization.
The main objective of the study is to find the Dealers Satisfaction Level with TCTL
private limited.
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Customer satisfaction begins with a difficult faith. It starts with a commitment to
deliver the result for each customer which is also a concern for the dealers. Thus it
increases sales and profitability. The co-operation obtained from the management as
well as dealers results in the development of the industry as a whole. The primary data
relevant to the topic were collected through questionnaire method. The secondary data
were also helpful for the preparation of the report.
A sample of 40 dealers has been interviewed through the questionnaire. The data
collected has been analyzed by using simple percentage method and weighted average
method and have been interpreted by using pie charts and bar charts.
Major findings revealed that most of the dealers are fairly satisfied with the good
quality product and product availability of market. But they are not much satisfied
with credit period and promotional activities given by the company.
CHAPTER-1
INTRODUCTION OF THE STUDY
1.1 Introduction
Dealers generally experience satisfaction when the performance level meets or
exceeds the minimum performance expectation levels and dissatisfied when
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performance fall short of expectation. The source that build customer expectation
include experience with product, friends, family members, neighbors associates,
consumer reports and marketing communication
This study on dealers satisfaction conducted with reference to TCTL private limited
helps to find out the satisfaction level of dealers towards company services. It
suggests management the ways to motivate dealers and in turn increase company sales
as well as market demand.
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1.2 INDUSTRY PROFILE
Textile Industry Overview
Textile Industry is one of the largest and oldest industries in India. It has a significant
role in India as it fulfils the essential and basic need of people. Textile Industry in
India stands at unique place and has maintained a sustainable growth over the years.
This is a self-reliant and independent industry and has great diversification and
versatility. Textile Industry in India provides great contribution for the development
of economy. It is the second largest textile industry in the world after China. It
provides ample employment opportunities to people belonging to all classes. After
agriculture this industry provides employment to maximum number of people in India
employing 35 million people.
Textile Industry represents the rich culture, tradition, heritage & economic well-being
of country with diversified range and versatility. At the same time industry is
competitive enough to fulfill different demand patterns of domestic and global
markets. Indian Textile Industry plays vital role in country's economic development
and contributes 14% to industrial production in the country. Textile Industry
contributes around 4% of GDP, 9% of excise collections, 18% of employment in
industrial sector, and 16% share in countrys export. Indian Textile Industry is valued
at US $36 bn. The development of Indian Textile Industry started in 1985. This was
the year, for the first time Textile sector was considered as an important industry and
a separate policy was formulated for sectors development. In the year 2000, National
Textile Policy was announced.
With further development Textile Industry came out of Quota Regime of Import
Restrictions under the Multi Fiber Arrangement (MFA). This development came on
1st January 2005 under the World Trade Organization (WTO) Agreement on Textiles
and Clothing. Because of the elimination of quota restrictions, most of the developing
countries now can develop the potential market at both domestic and international
level. These countries can develop the industry expertise and can have competitive
advantage through implementing new technology, more skilled labor will improved
distribution channel, cost effective operation and production with greater value
addition in each step of value chain. Moreover it will help for Foreign Direct
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Investment in industry that will create great opportunity to strengthen the sector.
Some of the strengths of Indian Textile Industry are large and potential domestic and
international market, large pool of skilled and cheap labor, well-established industry,
promising export potential etc.
History Of Textile
No one knows when exactly the spinning and weaving of textile began. It has been
said that people knew how to weave even 27000 years ago. This was even before
humans were able to domesticate animals. The oldest actual fragment of cloth found
was in southern Turkey. People used fibers found in nature and hand processes to
make fibers into cloth. Even though high technology was not available, skilled
weavers created a wide variety of fabrics. Dyeing of fabrics was done to satisfy the
universal human need for beauty.
Within time, more complex social and political organization of people evolved. With
the growth of cities and nations, improvements in technology came into place and
there was a substantial development in the international trade, both of which involved
textiles.
Chinese textile was considered to be the most significant in international trade.
Historians have claimed that silk from China has reached ancient Greece and Rome
along a trade route called the Silk Road in the latter part of the second century B.C.
and Egypt in 1000 B.C. The Romans also imported cotton from nearby Egypt and
from India. Archeologists have found facilities for dyeing and finishing cotton fabrics
in settlements throughout the Roman world. During the middle ages, the production
and trading of the plant called woad, an important source of dye, was a highly
developed industry. During the fifteenth century, Trade Fairs in southern France
provided a place for the active exchange of wools from England and silks from the
Middle East. The economic activities surrounding these events gave rise to the first
international banking arrangements. Even the discovery of America was a result of
the desire of Europeans to find a faster route not only to the spices but also to the
textiles of the Orient. Textile trade quickly took root in America, as colonists sold
native dyes such as indigo and cochineal to Europe and bought cottons from India.
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Although advances were being made in the technology of textile production, the
manufacture of cloth in Western Europe in 1700 was still essentially a hand process.
Yarns were spun on a spinning wheel and fabrics were woven by hand-operated
looms.
A major reorganization of manufacturing of a variety of goods occurred during the
latter half of the 1700s in Western Europe. These changes, known as the Industrial
Revolution, altered not only technology, but also social, economic, and cultural life.
The production of textiles was the first area to undergo industrialization during the
seventeenth and eighteenth centuries as the result of an economic crisis. Good quality
textile products, produced inexpensively in India and the Far East, were gradually
replacing European goods in the international market. In Britain, it became imperative
that some means be found to increase domestic production, to lower costs, and to
improve the quality of textiles. The solution was found in the substitution of machine
or nonhuman power for hand processes and human power.
Many important inventions, most importantly spinning machines, automatic looms,
and the cotton gin, improved the output and quality of fabrics. These inventions
provided the technological base for the industrialization of the textile industry. Each
invention improved one step of the process. For example, an improvement that
increased the speed of spinning meant that looms were needed that consumed yarn
more rapidly. More rapid yarn production required greater quantities of fiber. The
growth of the textile industry was further hastened by the use of machines that were
driven first by waterpower, then by steam, and finally by electricity. The textile
industry was fully mechanized by the early part of the nineteenth century. The next
major developments in the field were to take place in the chemists laboratory.
Experimentation with the synthesis of dyestuffs in the laboratory rather than from
natural plant materials led to the development and use of synthetic dyes in the latter
half of the nineteenth century. Other experiments proved that certain natural materials
could be dissolved in chemical solvents and re-formed into fibrous form. By 1910, the
first plant for manufacturing rayon had been established in the United States.
The manufacture of rayon marked the beginning of the manufactured textile fibers
industry. Since that time, enormous advances have been made in the technology for
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every field in the textile industry. Today, the textile industry utilizes a complex
technology based on scientific processes and vast economic organizations.
With the application of advanced technology to the textile field, textile use has
expanded from the traditional areas of clothing and home furnishings into the fields of
construction, medicine, aerospace, sporting goods, and industry. These applications
have been made possible by the ability of textile scientists to utilize textile fibers,
yarns, and fabrics for specific uses. At the same time that textile technology is making
strides in new directions, the fabrics that consumers buy for clothing and household
use also benefit from the development of new fibers, new methods of yarn and fabric
construction, and new finishes for existing fibers and fabrics.
Today, a huge international industrial complex encompasses the production of fiber,
spinning of yarns, fabrication of cloth, dyeing, finishing, printing, and manufacture of
goods for purchase. Consumers purchase many different products made of textiles.
The story of the journey that these products make as they progress from fiber to yarn
to fabric to finished product is not just the story of spinning yarns, weaving or knitting
fabric, or constructing the end product. It is also the story of a complex network of
interrelated industries.
History Of Indian Textile Industry
The history of textiles in India dates back to nearly five thousand years to the days of
the Harappan civilization. Evidences that India has been trading silk in return for
spices from the 2nd century have been found. This shows that textiles are an industry
which has existed for centuries in our country. Recently there has been a sizeable
increase in the demand for Indian textiles in the market. India is fast emerging as a
competitor to China in textile exports. The Government of India has also realized this
fact and lowered the customs duty and reduced the restrictions on the imported textile
machinery. The intention of the governments move is to enable the Indian producers
to compete in the world market with high quality products. The results of the
governments move can be visible as Indian companies like Arvind Mills, Mafatlal,
Grasim; Reliance Industries have become prominent players in the world. The Indian
textile industry is the second largest in the world-second only to China. The other
competing countries are Korea and Taiwan. Indian Textile constitutes 35% of the totalexports of our country.
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The history of apparel and textiles in India dates back to the use of mordant dyes and
printing blocks around 3000 BC. The foundations of the India's textile trade with
other countries started as early as the second century BC. A hoard of block printed
and resist-dyed fabrics, primarily of Gujarati origin, discovered in the tombs of Fostat,
Egypt, are the proof of large scale Indian export of cotton textiles to the Egypt in
medieval periods.
During the 13th century, Indian silk was used as barter for spices from the western
countries. Towards the end of the 17th century, the British East India Company had
begun exports of Indian silks and several other cotton fabrics to other economies.
These included the famous fine Muslin cloth of Bengal, Orissa and Bihar. Painted and
printed cottons or chintz was widely practiced between India, Java, China and the
Philippines, long before the arrival of the Europeans.
India Textile Industry is one of the largest textile industries in the world. Today,
Indian economy is largely dependent on textile manufacturing and exports. India
earns around 27% of the foreign exchange from exports of textiles. Further, India
Textile Industry contributes about 14% of the total industrial production of India.
Furthermore, its contribution to the gross domestic product of India is around 3% and
the numbers are steadily increasing. India Textile Industry involves around 35 million
workers directly and it accounts for 21% of the total employment generated in the
economy.
Indian Textile Industry Market
India Textile Industry is one of the leading textile industries in the world. Though was
predominantly unorganized industry even a few years back, but the scenario started
changing after the economic liberalization of Indian economy in 1991. The opening
up of economy gave the much-needed thrust to the Indian textile industry, which has
now successfully become one of the largest in the world.
India textile industry largely depends upon the textile manufacturing and export. It
also plays a major role in the economy of the country. India earns about 27% of its
total foreign exchange through textile exports. Further, the textile industry of India
also contributes nearly 14% of the total industrial production of the country. It also
contributes around 3% to the GDP of the country. India textile industry is also the
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largest in the country in terms of employment generation. It not only generates jobs in
its own industry, but also opens up scopes for the other ancillary sectors. India textile
industry currently generates employment to more than 35 million people. It is also
estimated that, the industry will generate 15 million new jobs by the year 2015
India is a traditional textile -producing country with textiles in general, and cotton in
particular, being major industries for the country. India is among the worlds top
producers of yarns and fabrics, and the export quality of its products is ever
increasing. Textile Industry is one of the largest and oldest industries in India. Textile
Industry in India is a self-reliant and independent industry and has great
diversification and versatility. The textile industry can be broadly classified into two
categories, the organized mill sector and the unorganized decentralized sector.
The organized sector of the textile industry represents the mills. It could be a spinning
mill or a composite mill. Composite mill is one where the spinning, weaving and
processing facilities are carried out under one roof. The decentralized sector is
engaged mainly in the weaving activity, which makes it heavily dependent on the
organized sector for their yarn requirements. This decentralized sector is comprised of
the three major segments viz., power loom, handloom and hosiery. In addition to the
above, there are readymade garments, khadi as well as carpet manufacturing units in
the decentralized sector.
The Indian Textile Industry has an overwhelming presence in the economic life of the
country. It is the second largest textile industry in the world after China. Apart from
providing one of the basic necessities of life i.e. cloth, the textile industry contributes
about 14% to the country's industrial output and about 17% to export earnings. After
agriculture this industry provides employment to maximum number of people in India
employing 35 million people. Besides, another 50 million people are engaged in allied
activities. India is the largest producer of Jute, the 2nd largest producer of Silk, the
3rd largest producer of Cotton and Cellulosic Fibers/Yarn and 5th largest producer of
Synthetic Fibers/Yarn.
The main objective of the textile policy 2011 is to provide cloth of acceptable quality
at reasonable prices for the vast majority of the population of the country, to
increasingly contribute to the provision of sustainable employment and the economicgrowth of the nation; and to compete with confidence for an increasing share of the
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global market. India's textile industry is considered a pioneer in the industry, as the
industrialization of India in other areas is managed by funds generated by the textile
machinery industry. However, since the beginning of liberalization in 1992 to 1970,
the industry tends to protect domestic producers of cotton with a clear objective
continuous erosion of its prosperity.
Prospect
Considering the continual capital investments in the textile industry, the Govt. of
India may extend the Technology Upgradation Fund Scheme (TUFS) by the end of
the 11th Five Year Plan (till 2011-2012), in order to support the industry. Indian
textile industry is massively investing to meet the targeted output of $85bn by the end
of 2010, aiming exports of $50bn. There is huge development foreseen in Indian
textile exports from the $17bn attained in 2005-06 to $50bn by 2009-10. The
estimation for the exports in the current financial year is about $19bn. There is
substantial potential in Indian exports of technical textiles and home textiles, as most
European companies want to set up facilities near-by the emerging markets, such as
China and India.
The global demand for apparel and woven textiles is likely to grow by 25 percent byyear 2010 to over 35mn tons, and Asia will be responsible for 85 percent output of
this growth. The woven products output will also rise in Central and Southern
American countries, however, at a reasonable speed. On the other hand, in major
developed countries, the output of woven products will remain stable. Weaving
process is conducted to make fabrics for a broad range of clothing assortment,
including shirts, jeans, sportswear, skirts, dresses, protective clothing etc., and also
used in non-apparel uses like technical, automotive, medical etc.
It is been forecasted that the woven textile and apparel markets will sustain their
growth from current till 2010. The imports of apparel and textiles will rise from
developed economies like the USA and the western countries of Europe and Japan,
along with some newly emerged economies, such as South Korea and Taiwan.
Certainly, import growth has been witnessed vertical rise in the previous year.
Apparel is the most preferred and important of all the other applications. Woven
fabrics are widely used in apparel assortments, including innerwear, outerwear,
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nightwear and underwear, as well as in specialized apparels like protective clothing
and sportswear. Home textile also contributes considerably in woven fabric in
products assortments like curtains, furnishing fabrics, carpets, table cloths etc.
Special kind of woven fabrics are utilized in medical as well as industrial applications.
The medical applications include adhesives, dressing bandages, plasters etc.
The Indian Industry foresees huge demand for industrial woven products for medical
and automotive applications. Demand for woven fabrics is anticipated to be rise
vertically in the sector of home textiles.
Non woven sector has great future in terms of global demand, thus major facilities of
cotton yarn are currently concentrating just on home textiles. It is mandatory, that the
peak management of the cotton yarn manufacturers analyze the future prospect and
growing graph of demand for non woven products.
Anticipating massive growth in medical and automobile sectors, these sectors assures
substantial demand for non woven facilities in India. Albeit, home textiles also will
lure higher demand, there are specific demands for home textile facilities also.
The 7th Five Year Plan has huge consideration on agricultural growth that alsoincludes cotton textile industry, resulting a prosperous future forecast for the textile
industry in India. Indian cotton yarn manufacturers should rush forward for joint
ventures and integrated plans for establishing processing and weaving facilities in
home textiles and technical textiles in order to meet export target of $50bn, and a total
textile production of $85bn by 2009-2010.
Expectations are high, prospects are bright, but capitalising on the new emerging
opportunities will be a challenge for textile companies. Some prerequisites to be
included in the globally competing textile industry are:
Imbibing global best practices
Adopting rapidly changing technologies and efficient processes
Innovation
Networking and better supply chain management
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Ability to link up to global value chains.
The Indian textiles industry has established its supremacy in cotton based products,
especially in the readymade garments and home furnishings segment. These two
segments will be the key drivers of growth for Indian textiles. Readymade garment
exports were worth US$ 8 bn in FY06 and will cross US$ 16 bn by the end of 2010,
assuming a conservative growth of 15% per annum. According to estimates,
investments in textiles are expected to touch US$ 31 bn by 2010.
The readymade garment segment will be the principal driver of growth even in the
domestic industry. The changing preferences of Indian consumers -- from buying
cloth to readymade garments -- have prompted several companies to move up the
value chain into the finished products segment.
Strategic Initiatives
Business integration -- especially forward integration -- by the larger textile
companies has been prominent among Indian companies. Several companies that are
engaged in fabric manufacturing are now keen to enter the readymade garments
space. A recent entrant is Siyaram, which launched its readymade garments range in
Nov 06, following suit with other majors like Century Textiles and Raymond.
Most of the large textile companies have opted for an inorganic growth strategy to
scale up operations. Acquisition is the most logical step towards integrating
operations and building the value chain. Domestic acquisitions are on the rise, while
acquiring foreign assets is yet to gain traction. Some recent domestic acquisitions that
have been executed in 2006 include KSL & Industries acquisition of Deccan
Cooperative, and Ambattur Clothing taking over Celebrity Fashions. Another growing
phenomenon observed among Indian textile companies is the setting up of
manufacturing facilities in strategic regions outside India, where they can avail of
duty concessions and reduce export lead-time. Zodiac and Ambattur Clothing have set
up facilities in the Gulf region to cut down on export delivery schedules to the
European and US markets. Raymond has set up a unit in Bangladesh to avail of the
zero duty access to the EU.
This trend is seen primarily among the large domestic players, who are trying to
achieve sizable scales in order to win orders from the large retailers in the US and EU.
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Global retailers prefer large-sized companies that can scale up capacities consistently,
keep up with delivery schedules and meet their growing demand. They have clear
preferences for companies with integrated design, process and manufacturing
facilities.
An interesting commonality in countries with successful garment exports is that they
have a much lower level of sub-contracting than India. A study during the 1990s
found that apparel firms Future Outlook XXXIII in India subcontracted 74% of their
output, as compared to only 11% in Hong Kong, 18% in China, 20% in Thailand,
28% in South Korea and 36% in Taiwan. Consequently, these countries have a wider
base of exports and have done very well in the market for large volumes of uniform
products.
Foreign Acquisitions by Indian Textile Companies
Period Acquirer Acquired Company
May 01 Arvind Mills
License Of Healthtex
Kidswear Brand Of Vf Corpn
(USA)
Jun 01 Ambattur Clothing Colour Plus (UK)
Sep 01 RaymondsRegency Texteis Portuguesa
Limitada (Portugal)
Sep 03 Jindal Polyester Rexor Group (France)
Dec 04 JCT Ltd CNLT Malaysia (Synegal)
May 05 Reliance Group ICI Pakistan Ltd (Pakistan)
Jun 05 Zodiac ClothingShirting Company Located In
Alqoze Industrial Area (Dubai)
Dec 05 GHCL Dan River (USA)
May 06 Malwa IndustriesEmmetre Tintolavanderie
Industrial (Italy)
May 06 Malwa Industries Third Dimension Apparels
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(Italy)
Jul 06 Welspun India CHT Holding (UK)
Jul 06 Spentex Industries
Tashkent-Toyetpa Tekstil Ltd
(Uzbek)
Jul 06 GHCL Rosebys (UK)
The exports market will remain favourable for India till 2008, when quota restrictions
on China end. Post 2008, competition will become tougher. This will be the phase in
which Indian textile companies will come under tremendous pricing pressures and
tighter product delivery schedules. Nevertheless, the value-added segments of
readymade garments, home furnishings and made-ups will continue to grow.
Implications for SMEs
The new business dynamics have varying undertones across the value chain. The
segment that is likely to be hit is weaving. The SMEs in the Powerloom and
handloom sector will face significant churn in the future. Spinning mills that account
for 95% of the yarn and fibre production, will move up the value chain into weaving.
This will erode the viability of the hitherto protected Powerloom and handloom
operators numbering over 400,000, who have remained insulated from competitive
forces so far. A possible remedy could be for these weavers to align with bigger
players or integrate operations that would ensure off-take of their products.
The fragmented industry structure has in the past been beneficial in generating
employment, but will be difficult to sustain in a globally competitive environment.
For fabric manufacturers in the unorganised segment, this will mean inefficient units
losing out eventually, while the more efficient and dynamic ones aligning with
manufacturers or buyers. For readymade garment SMEs, rising demand and
preference for ready-to-wear outfits in the domestic market will sustain a large
number of units in this sector. This will be the most thriving segment in the industry
and SMEs will play a key role.
Indias key assets include a large and low-cost labour force, sizable supply of fabric,sufficiency in raw material and spinning capacities. On the basis of these strengths,
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India will become a major outsourcing hub for foreign manufacturers and retailers,
with composite mills and large integrated firms being their preferred partners. It will
thus be essential for SMEs to align with these firms, which can ensure a market for
their products and new orders.
Weaknesses of the Indian textile industry include fragmentation of the industry,
lengthy delivery times, delays in customs clearance and high transportation and input
costs. To tackle these factors, the Government will have to play a key role.
Infrastructure development, reforms in labour laws and significant policy support will
be essential.
Textile Sectors in India:
The Man-Made Fiber / Yarn and Powerloom Sector : This part of industry includes
fiber and filament yarn manufacturing units. The Power looms sector is decentralized
and plays a vital role in Indian Textiles Industry. It produces large variety of cloths to
fulfill different needs of the market. It is the largest manufacturer of fabric and
produces a wide variety of cloth. The sector contributes around 62% of the total cloth
production in the country and provides ample employment opportunities to 4.86
million people.
The Cotton Sector : Cotton is one of the major sources of employment and
contributes in export in promising manner. This sector provides huge employment
opportunities to around 50 million people related activities like Cultivation, Trade,
and Processing. Indias Cotton sector is second largest producer of cotton products in
the world.
The Handloom Sector : The handloom sector plays a very important role in the
countrys economy. It is the second largest sector in terms of employment, next only
to agriculture. This sector accounts for about 13% of the total cloth produced in the
country (excluding wool, silk and Khadi).
The Woolen Sector : The Woolen Textile sector is an Organized and Decentralized
Sector. The major part of the industry is rural based. India is the 7th largest producer
of wool, and has 1.8% share in total world production. The share of apparel grade is
5%, carpet grade is 85%, and coarse grade is 10% of the total production of raw wool.
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The Industry is highly dependent on import of raw wool material, due to inadequate
production.
The Jute Sector : Jute Sector plays very important role in Indian Textile Industry.
Jute is called Golden fiber and after cotton it is the cheapest fiber available. Indian
Jute Industry is the largest producer of raw jute and jute products in the world. India is
the second largest exporter of jute goods in world.
The Sericulture and Silk Sector:The Silk industry has a unique position in India,
and plays important role in Textile Industry and Export. India is the 2nd largest
producer of silk in world and contributes 18% of the total world raw silk production.
In India Silk is available with varieties such as, Mulberry, Eri, Tasar, and Muga.
Sericulture plays vital role in cottage industry in the country. It is the most labor-
intensive sector that combines both Agriculture and Industry.
The Handicraft Sector : The Indian handicrafts industry is highly labor intensive,
cottage based and decentralized industry. It plays a significant & important role in the
countrys economy. It provides employment to a vast segment of craft persons in rural
& semi urban areas and generates substantial foreign exchange for the country, while
preserving its cultural heritage.
Structure of Indias Cotton Textile Industry
Unlike other major textile-producing countries, Indias textile industry is comprised
mostly of small-scale, non-integrated spinning, weaving, finishing, and apparel-
making enterprises. This unique industry structure is primarily a legacy of
government policies that have promoted labor intensive, small-scale operations and
discriminated against larger scale firms:
Cotton farming and harvesting: Cotton is grown in tropical as well as sub
tropical area in India. Mostly the cotton grown in India is from dry lands and
crops mostly depend on the irrigation systems available and not only on the
rain water.
Ginning: Ginning is the process where cotton fiber is separated from the
cotton seed. The first step in the ginning process is when the cotton is
vacuumed into tubes that carry it to a dryer to reduce moisture and improve
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the fiber quality. Then it runs through cleaning equipment to remove leaf
trash, sticks and other foreign matter. Ginning is accomplished by one of two
methods. Cotton varieties with shorter staple or fiber length are ginned with
saw gins. This process involves the use of circular saws that grip the fibers
and pull them through narrow slots. The seeds are too large to pass through
these openings, resulting in the fibers being pulled away from the seed. Long
fiber cottons must be ginned in a roller ginbecause saw gins can damage their
delicate fibers.
Oil mill: in the operation the oil is extracted from the cotton seeds that are
coming from the ginning process. The cotton seeds coming from the ginning
unit are then passed through the pressing unit and crude cotton oil is produced.
The pressed cotton seed oil cake is supplied as the cattle feed. The crude is
further modified as the bio-diesel which could be used as the one of the energy
source. The refined cotton oil is also used as the edible oil but it is proved to
be unfit for the human health.
Spinning: Spinning is the process of converting cotton or manmade fiber into
yarn to be used for weaving and knitting. Largely due to deregulation
beginning in the mid-1980s, spinning is the most consolidated and technically
efficient sector in Indias textile industry. Average plant size remains small,
however, and technology outdated, relative to other major producers. In
2002/03, Indias spinning sector consisted of about 1,146 small-scale
independent firms and 1,599 larger scale independent units.
Weaving and Knitting: Weaving and knitting converts cotton, manmade, or
blended yarn into woven or knitted fabrics. Indias weaving and knitting sector
remains highly fragmented, small scale, and labor-intensive. This sector
consists of about 3.9 million handlooms, 380,000 Powerloom enterprises
that operate about 1.7 million looms, and just 137,000 looms in the various
composite mills. Power looms are small firms, with an average loom
capacity of four to five owned by independent entrepreneurs or weavers.
Modern shuttle less looms account for less than 1 percent of loom capacity.
Fabric Finishing: Fabric finishing (also referred to as processing), which
includes dyeing, printing, and other cloth preparation prior to the manufacture
of clothing, is also dominated by a large number of independent, small scale
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enterprises. Overall, about 2,300 processors are operating in India, including
about 2,100 independent units and 200 units that are integrated with spinning,
weaving, or knitting units.
Clothing: Apparel is produced by about 77,000 small-scale units classified asdomestic manufacturers, manufacturer exporters, and fabricators
(subcontractors).
Composite Mills:Relatively large-scale mills that integrate spinning, weaving
and, sometimes, fabric finishing are common in other major textile-producing
countries. In India, however, these types of mills now account for about only 3
percent of output in the textile sector. About 276 composite mills are now
operating in India, most owned by the public sector and many deemed
financially sick.
India textile industry is one of the leading in the world. Currently it is estimated to be
around US$ 52 billion and is also projected to be around US$ 115 billion by the year
2012. The current domestic market of textile in India is expected to be increased to
US$ 60 billion by 2012 from the current US$ 34.6 billion. The textile export of the
country was around US$ 19.14 billion in 2006-07, which saw a stiff rise to reach US$
22.13 in 2007-08. The share of exports is also expected to increase from 4% to 7%
within 2012. Following are area, production and productivity of cotton in India during
the last six decades:
YearArea in lakh
hectares
Production in lakh bales of 170
kgs
Yield kgs per
hectare
1950-51 56.48 30.62 92
1960-61 76.78 56.41 124
1970-71 76.05 47.63 106
1980-81 78.24 78.60 170
1990-91 74.39 117.00 267
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2000-01 85.76 140.00 278
2001-02 87.30 158.00 308
2002-03 76.67 136.00 302
2003-04 76.30 179.00 399
2004-05 87.86 243.00 470
2005-06 86.77 244.00 478
2006-07 91.44 280.00 521
2007-08 94.39 315.00 567
2008-09 93.73 290.00 526
Though during the year 2008-09, the industry had to face adverse agro-climatic
conditions, it succeeded in producing 290 lakhs bales of cotton comparing to 315
lakhs bales last year, yet managed to retain its position as world's second highestcotton producer.
Economic issues
Prices of Cotton
The Minimum Support Prices of Kapas (Seed cotton) for fair average quality
announced for the cotton season 2005- 2006 (Oct Sept), was fixed at last years
level (2004-05) i.e. Rs.1760/- per quintal for medium staple variety (F-414/J-34/H-
777). The support price for H-4 (Long staple variety) has been fixed at Rs.1980/ - per
quintal, an increase of Rs.20/- per quintal over support price of 2004-05. The MSP
fixed for F-414/H-777/J-34 variety of kapas will be applicable only to Rajasthan. The
price of this variety, grown in Haryana and Punjab has been fixed keeping in view the
respective quality differential, vis--vis Rajasthan, obtaining in these States. The
Cotton Corporation of India Ltd. (CCI) undertook massive MSP operations
throughout 2004-05 in all the cotton growing states, and procured kapas equivalent to
lint cotton of 27.52 lakhs bales. In 2004-05, due to favourable seasonal conditions,
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there was a sharp rise in productivity, which peaked to a record 463 Kg. Lint/hectare,
as compared to 399 kg. / lint per hectare during 2003-04, the cultivated area increased
to 89.20 lakhs hectares in 2004-05, as compared to 76.30 lakhs hectares in 2003-04,
and the production touched 243 lakh bales in 2004-05, as compared to 179.00 lakh
bales in 2003-04.
Present Scenario
Textile Industry is offering one of the most basic requirements of community and it
possess importance; preserve continued growth for developing quality of life. From
the manufacturing of raw materials to the delivery of end products, it has gain its
kind of position, as a self-dependent sector and with considerable value-addition at
every stage of dealing; it is a key input to the countrys economy.
Today the textiles and clothing industry engages an important position in Indias
economy. Being the major foreign exchange earner having about 35% in its torso,
contributing to about 30 % of Indias exports and 14% of industrial productions,
expecting above 6% GDP in 2005, and it considered as the second largest vital sector
of employment initiator after agriculture sector.
Under the World Trade Organization (WTO) Agreement on Textiles and Clothing, thetextile quota scheme of quantitative import limitations under the multi-fiber
arrangement (MFA) came to an end on 1st January, 2005, hence developing countries
like India will flourish in the new competitive atmosphere and as a result, the Indian
textile industry will have a stronger place in both their export and domestic markets.
All along with its usual yarn and fabrics, at present India is exporting more than 100
garment product range. Many worlds leading brands like Tommy Hilfiger, Gap, Liz
Claibome, Polo etc are sourcing products from India.
With huge investments, persistence innovations, latest product mix and planned
marketing, today, India has come out as a flourishing outsourcing centre for textiles
and apparel industry to meet the global requirement of the manufacturing fibers and
yarns products. In a view of the rising rapport with major global brands, dismantling
of quota system from 2005 era would hit upon India as a main global outsourcing hub.
Competitive advantage & possible growth in Synthetic Textiles Sector Indiassynthetic textile sector is relatively modern and has a high growth potential which will
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help India to coming out as a major outsourcing hub. With a compounded annual
growth rate of more than 22% the exports of MMF textiles have stretched out to a
level of US $1.62 billion in 2002-03 starting from small exports in 1954. The export
growth in 2002-03 matches up to the preceding year was in the harmony of 30
percent, and the MMF textile sector is the only sector where the performance has
exceeds by the target fixed for this year by US $ 115 million.
Indian synthetic textiles are more and more accomplishing new markets along with
keeping the market share in the existing markets. At present Indian synthetic textile
exports are targeting more than 175 countries worldwide, where Middle East
accounted for over 32 percent of our exports and the share of the extremely quality
conscious in European Union, approximately 23 percent.
Over the years, the Indian MMF textile sector has built-up an export base; and the
share of MMF textile exports in the total Indian textile export has also been raised, the
share moved up from 10.38% in 2000-01 to 11.46% in 2001-02 and more to about
14% in 2002-03.
At present Indian exports of synthetic textiles to USA are rising at more than 90%
yearly. It has also been observed that export growth will be striking for major MMFtextile items after dismantling of quota system from 2005.
Furthermore, Indonesia, Koreas export of synthetic textiles are turning down
compared to previous year. Manufacturing capacity of Korea has declined by more
than 30% in the polyester filament sector in 2002 and in 2003 and it is expected to
turn down further more, which will end with a turn down in their exports of polyester
filament fabrics. Due to anti-dumping duty on the polyester filament fabrics obtained
from Taiwan and Korea, countries like Brazil, gaining of more opportunity for India
will exists as a larger synthetic fabrics exporter.
In the world, synthetic textile trades share of India is also seeing increasing. The
export share of Indian synthetic textiles in worldwide increased from 0.11% in 1971
to 1.12% in 1991 and more to about 3% in 2002. This suggests the rising performance
of Indian synthetic textile items in the worldwide market.
Still there is an opportunity to explore new market segments like Latin America andAfrica all along with maintaining the share in the established markets like European
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Union and USA. At this stage an annual growth expected to 15% for synthetic textiles
and exports are expected to touch US$ 2.5 billion in 2005-05 and US$ 4.3 billion in
2009-10.
1.3 COMPANY PROFILE
The Company - TC TERRYTEX LTD is the nouveau venture of Satia Group. Satia
Group is one of the oldest and most respected groups of North India with interests in
Paper, Yarn and now Terry Towels. Satia Group commands a turnover of USD 150
Million.
Infrastructure - TC TERRYTEX LTD (TCTL) is a vertically integrated company and
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has ultra modern manufacturing facilities across Textile Value Chain from Spinning,
Weaving & Dyeing to Finished products.
TCTL has the most sophisticated manufacturing set-up in South Asia. The factory is
spread across 150,000 Sq Meters and is equipped with worlds latest Airjet
TSudocama, SMIT Rapier looms, Jacquards from Bonas and running at 550 RPM
with vario-pick facility.
SPINNING CAPACITY 85000 Spindles 25550 MT per annum
WEAVING CAPACITY 32 Dobby looms + 16 Jacquard looms 5000 MT per
annum
DYEING CAPACITY 5500 MT per annum
STITCHING CAPACITY 5500 MT per annum
AUTOMATED COLOR KITCHEN - Data Color, USA
Expansion Plans TCTL is in a continuous expansion mode and TCTLs production
capacity is further set to increase to 10000 MT by July 2009. The current plant has
been made in a manner so that further expansion can be done in the existing Civil setup.
Product range TCTLs product range includes Bath ensembles, Embroidered towels,
Beach towels, Kitchen towels, Christmas Towels, Embellished Towels, Specialty
Towels, Bath Mats, Bath Robes & Bath Wraps. Our design range encompasses a wide
range in both Yarn dyed & Piece dyed qualities across Dobbies and Jacquards.
Designing- Our designers in UK, USA and Australia provide us with a continuous
support & feedback on latest innovations and developments in designs and colors to
give us an edge in our enterprise and to provide our customers with new and radically
forward products and designs.
INFRASTRUCTURE
We are committed to satisfy our customers by providing such Quality Product /
Service, which gives highest value for money which differentiate us from ourcompetitors and take our products to new horizons of a fast changing world to
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fashion. Furthermore we are differentiated from other Towel Mills in terms of :-
Faster response time : Due to multi dyeing vessels & extra preparatory capacity.
Reliability: 100% backup of all equipments.
Flexibility :No width limitation due to flexible harness and variopicks on looms.
Lower minimums : Multiple vessels 25 Kgs to 1000 Kgs.
Quality : State of Art Mill, with the best possible manpower. Every member of our
team has been trained to achieve the highest quality standards at every step in the
process keeping in mind the importance of time.
Continuity / Consistency : Totally automated & Microprocessor controlled digital
plant & laboratory negligible human element.
Responsibility (Towards the environment, workers and the customers) : Reverse
Osmosis treatment and a zero discharge plant with a water treatment capacity of 2
million liters of water everyday with an additional water recycling capacity of 90%.
Innovation : Due to a complete vertical set up and Philosophy of the company.
To keep ourselves at the forefront of the industry we strive to remain on the cutting
edge of technology and also the maintain, develop and hire the best people, enabling
us to building long-term mutually beneficial relationship with you.
PRODUCT PROFILE
Our portfolio ofTerry Towels collection has something to suit the tastes of all kinds
of connoisseurs in all age groups and in all walks of life.
The collection ofTerry Towels in fresh and lively colors assures to add character to
bathroom of young people; the bold and bright color look makes a contemporary style
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of their bathroom. Jackquard Design Towels with photographic images and funky
collection complete the range for young ones.
We have a specialized range of Terry Towels for the health care and hospitality
industry.
ZERO TWIST
BEACH TOWELS
KITCHEN TOWEL
EGYPTIAN TOWEL
http://tctl.in/tcterry/html/Zero%20Twist.htmhttp://tctl.in/tcterry/html/beach_towel.htmhttp://tctl.in/tcterry/html/kitchen-towel.htmhttp://tctl.in/tcterry/html/Egyptian.htmhttp://tctl.in/tcterry/html/beach_towel.htmhttp://tctl.in/tcterry/html/kitchen-towel.htmhttp://tctl.in/tcterry/html/Egyptian.htmhttp://tctl.in/tcterry/html/Zero%20Twist.htm -
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BAMBOO TOWEL
COMBED -PLY TOWEL
FRINGES TOWELS
FINE ZERO TWIST TOWELS
TEXTURED TOWELS
JACQUARD TOWELS
http://tctl.in/tcterry/html/Bamboo.htmhttp://tctl.in/tcterry/html/Combed.htmhttp://tctl.in/tcterry/html/Fringes.htmhttp://tctl.in/tcterry/html/FineZeroTwist.htmhttp://tctl.in/tcterry/html/Textured.htmhttp://tctl.in/tcterry/html/ZeroTwistJacquard.htmhttp://tctl.in/tcterry/html/Bamboo.htmhttp://tctl.in/tcterry/html/Combed.htmhttp://tctl.in/tcterry/html/Fringes.htmhttp://tctl.in/tcterry/html/FineZeroTwist.htmhttp://tctl.in/tcterry/html/Textured.htmhttp://tctl.in/tcterry/html/ZeroTwistJacquard.htm -
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CABANA STRIPE TOWELS
JACQUARD TERRY TOWELS
JACQUARD VELOUR TOWELS
PIECE DYED JACQUARD VELOUR TOWELS
These products have been designed keeping in the mind the specific requirements of
these industries and some of the characteristics that these products have is as follows:
True to you Nature.
Relax Look. Super Soft Feel.
What affects the environment today affects our future tomorrow.
The towel of our elegance. The bathroom of your aspiration.
The Best of the city now in your Bathroom.
What nature affects.
Ability To Repeated Washings Without Pile Pulling
Quick Drying
Minimum Linting & Piling (Infection Prevention)
Dimensional Stability
http://tctl.in/tcterry/html/Cabana.htmhttp://tctl.in/tcterry/html/Terry.htmhttp://tctl.in/tcterry/html/Velour.htmhttp://tctl.in/tcterry/html/jacquard.htmhttp://tctl.in/tcterry/html/Cabana.htmhttp://tctl.in/tcterry/html/Terry.htmhttp://tctl.in/tcterry/html/Velour.htmhttp://tctl.in/tcterry/html/jacquard.htm -
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CERTIFICATIONS
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Quality assurance
OUR AIM ZERO DEFECT\
QUALITY POLICY
The company aims to supply quality Terry Towels to meet customer needs by
ensuring that quality is built into its product.
We have been using a comprehensive management system to test each and every lot
with the latest Testing Equipments.
We control the quality right from the initial stage of spinning of yarn, therefore out of
our stock of cotton which is always 5-6 months (old?), we have fixed a mix which
ensures that the mixing is not only homogenous but also of consistently, long-lasting
high quality.
Our mixing incorporates 20-25 lots in order to maintain our desired parameters. We
check the UQL, Short Fibre %, Neps, Seed coat Neps, trash, & Mic in cotton, of 10%
of the bales of each lot. The mixing plan is then made in such a way as to ensure
minimal change to the properties of the parameters. We add the new lots in such a
way that the changeover of the parameters is minimal so that the our products have
the same handfeel troughtout the shipments and shade variation problem is negligible.
Process Control :
We have best machines for yarn dyeing from Fongs and for fabric dyeing from
Brazzolli. Further our lab for testing and process control is completely equipped with
a Spectrophoto Meter and an automatic Color Dispensing and Dyeing unit from
DATA COLOUR from the U.S.A., and a Light Box from Macbeth (Switzerland) and
other testing equipments for testing of the chemical and physical properties of the
product.
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The following activities are carried out to ensure quality assurance in our product;
Raw material, in-process material & Final yarn Inspection
Recording of all data in computer for storage and retrieval of process
parameters, raw material parameters & yarn parameters
Statistical analysis of all process control studies done in each department for
comparison of day to day results and trials.
Quality tracking using control charts and other analysis graphs.
Periodical Quality Reports
1.4 STATEMENT OF THE PROBLEM
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In a society where there is steep erosion of values and at a time when relationship are
getting strain day by day. TCTL private limited is a well-established organization.
The TCTL parent company is well known and established organization but due to the
failure of TCTL Electronics Company is facing a decline in the market sales. So the
company is trying to study the best opportunities that can be utilized for taking back
the lost demand of TCTL products. Thus the company wanted to know how well the
dealers are satisfied with the company services and how well they contribute
increasing sales as well as increasing to market demand.
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1.5 OBJECTIVE OF THE STUDY
Primary objectives
To evaluate and improve the Satisfaction Level of dealers of TCTL
private limited
Secondary objectives
To find the factors influencing the dealers to deal with company
To find out opinion of dealers regarding the quality, distribution and
services of the company
To give suggestions to management that will help in future planning
and improve.
To know what dealers expect from their supplying company.
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1.6 SCOPE OF THE STUDY
The study of dealers satisfaction will help the company to understand and take
necessary actions to improve the satisfaction level of dealers to get maximum sales.
Dealer is one of those catalyst factors that boost the growth of the company. So it is
very important to satisfy the dealers so as to attain maximum sales. Eventually it
becomes vital to know those critical factors that determine dealers satisfaction.
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1.7 RESEARCH METHODOLOGY
Research design
Descriptive research was used as research design as it studies the existing state of
affairs.
Sampling design
Population-: for the study the universe is 162.
Sample size-: 40 dealers
Data source
Primary data:
The primary data was collected using structured questionnaire from dealers.
Secondary data:
The secondary data was collected from Magazines, Journals, Company profile,
industry profile, and official web sites.
Tools for data collections
Questionnaire and interviewing session
Stastical tool for data analysis
Simple percentage method
Weighted average method
Tools for analyzed data presentation
Pie chart, bar chart and tables
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1.8 LIMITAIONS OF THE STUDY
Limited period is an important draw back of the study.
The perception of the dealer may not be always accurate.it is having a wide
area of marketing.
Dealers are scattered all over the district.
Most of the data is collected through questionnaires and interviews. So there is
a chance of personal bias.
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CHAPTER-II
REVIEW OF LITERATURE
Marketing is essentially about marshaling the resources of an organization so that they
meet the changing needs of customers on whom the organization depends. As a verb,
marketing is all about how an organization addresses its markets. According to
William. J. Stantion Marketing is a total system of interesting business activities
defined to Plan, piece, promote and distribution want satisfying products & services to
present and potential consumers
A social and managerial process, by which individuals and groups obtain what they
need and want, through creating and exchanging product and value with others.
Customer satisfaction begins with a difficult faith; it starts with a commitment to
deliver the result for each customer which is also a concern of the dealers. Hence for a
manufacturing company, in order to satisfy its customers, it is highly important to
satisfy its dealers, as they are the direct customers to them. Establishing satisfaction as
the ultimate goal is like the other ultimate goals of business pursuit of higher profits
or shareholders wealth. Perfect dealer service or satisfaction is one that meets the
combined need satisfaction is a systemized service that involves the entire
organization. But many organizations have yet to develop this kind of awareness of
dealer satisfaction strategy
In most business, the individual dealer is the pivot in the marketing effort, He is the
real interface between the firm and its customers. It is the dealers interaction with
consumer that given rise to a sale. So the quality of this interaction is a key
determinant of marketing success. It will determine the extent to which the effort and
expenditure incurred by the firm on promotion is translated to sales. Experience
shows that even after generating good consumer preference of its brands through
effective advertising and promotion, a firm may fail to generate sales if its dealers are
weak and competitors dealers are strong.
Dealership is the set of activities that market products or services 'to final
consumer for their own personal or household use. It does this by organizing their
availability on a relatively large scale and supplying them to consumers on arelatively small scale. Some of the major activities of dealer are:
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Dealers sell to final (non-business) consumer
They buy in large quantities and sell in small quantities to consumer, who
buys for their own personal or household use.
Dealers often buy products from a wide variety of distant, even global
resources.
Dealer can sell services.
Dealer sells to many different consumers.
Satisfaction is a persons feeling of pleasure or disappointment resulting from
comparing a products perceived performance (outcome) in relation to his or her
expectations. As this definition makes clear, satisfaction is a function of a perceived
performance & expectation. If the performance falls short of expectation the dealer is
dissatisfied and if the performance exceeds expectation the dealer is highly satisfied
or delighted.
Dealer satisfaction: Dealer generally experienced satisfaction when the performance
level meets or exceeds the minimum performance expectation levels and dissatisfied
when performance fall short of expectation. The sources that build customer
expectation include experience with products, friends, family members, neighbors,
associates, consumer reports and marketing communication.
Dealers satisfaction is business term which is used to capture the idea of measuring
how satisfied as enterprises dealers are with the organization effort in the market
place. Every organization has customers of some kind the organization provides
products good and/or bad through the mechanism of a market place. The product the
organization provides are subject to competition whether by similar products or by
substitution products. The reason and organization is interested in the satisfaction of
its retailers is because they make the customers to purchase the organizations
products.
The state of satisfaction depends on a number of both psychology and physical
variables. Satisfaction is basically a psychological state; it is a difficult thing to
measure quantitatively. Satisfaction should add value to both your dealer and
company.
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Dealer satisfaction = Actual performance
Dealer expectation
In most cases the individual dealer is a force recommend within the given local. He
knows the consumers need, he is also in position to provide the required service.
Naturally he is in a position to influence the decision of customers. He builds
goodwill and also wins new customers for the firm. In fact with his cooperation a firm
can get a continuous stream of new customers at lesser unit cost.
Marketing
Marketing is all around us. In one form or another it is close to every
individual. It affects almost every aspect of our daily life the activity of
marketing is of the people, for the people and by the people. Marketing
plays an imp or tant ro le in socie ty by helping us sat is fy our needs and
wants and by helping organizations determine what to do.
The Marketing Concept
A dealer or retailer is any business enterprise whose sales volume primarily from
retailing. Dealing includes all activities involved in selling goods or services directly
to final customers for personal and industrial use.
Dealing consists of the sale of good or merchandise, from fixed location such as a
department store or kiosk, in small or individual lots for direct consumption by the
purchaser. In commerce, a dealer buys goods or products in large quantity from
manufactures or importers, either directly or through a wholesaler, and then sells
smaller quantities to the end user. Dealers are at the end of the supply chain.
Manufacturing marketers see the process of dealing as a necessary part of their overall
distribution strategy.
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Dealers Marketing Decision
Dealers are always searching for new marketing strategies to attract and hold
customers. In the past, dealers attracted customers with unique products, more or
better services than their competitors offered, or credit cards, today national-branch
manufacturers, in their drive for volume, have placed their branded goods
everywhere. National brands are formed not only in department stores but also in
mass merchandise discount stores, off price discount store and on the web. As a result
the dealer assortments are looking more and more alike.
Service differentiation among dealers has also eroded. Many departments
stores have trimmed their services, whereas discounters have increased theirs.
Customers have become smarter and more price sensitive. They see no reason to pay
more for identical brands especially when service differences are shrinking. For all
these reason many dealer today are rethinking their marketing strategies.
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CHAPTER-III
DATA ANALYSIS AND INTERPRETATION
3.1 Table showing experience in dealership:
Analysis
85%of the respondents have an experience above 10 years in dealership. While 15%
of the respondents have an experience of 7-10 years
3.1 Chart showing experience in dealership:
Interpretations
Among 40 respondents, 34 dealers have an experience of 10 years and 6 of them have
an experience of 7 to10 years. From this analysis we interpret that most of the dealers
are above 10 years of experience
3.2 Table showing time period, being a TCTL dealer:
Attribute No: of respondents Cumulative
respondents
Percentage
1-4 0 0 0
4-7 0 0 0
7-10 6 6 15
Above 10 34 40 85
Total 40 - 100
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Experience No: of respondents Cumulative
respondents
Percentage
1-4 0 0 0
4-7 0 0 0
7-10 11 11 27.5Above 10 29 40 72.5
Total 40 - 100
Analysis
72.5%of the respondents have been TCTL dealers for more than 10 years and the
remaining 27.5% have been their dealers for a time period ranging from 7 to10 years
3.2 Chart showing table sowing Time period, being a TCTL dealer:
Interpretations
Among 40 respondents, 29 dealers have been TCTL dealers for more than 10 years
and 11 of them have been dealers of this company for a time period ranging from 7to
10 years. From this analysis we interpret that most of the TCTL dealers are above 10
years of experience
3.3 Table showing Quality of TCTL product:
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Opinion No: of respondents Cumulative
respondents
Percentage
Very good 14 14 35
Good 20 34 50
Satisfactory 6 40 15Poor 0 40 0
Total 40 - 100
Analysis
It is clear that about 50% of the respondents opined that the quality of the product
good. 35% states that the product quality was very good. Rest 15% stated that the
quality was satisfactory.
3.3 Chart showing Quality of TCTL product:
Interpretations
Out of 40 dealers, 14 perceived that it is excellent products and 20 believe it as goodproducts. But one important thing is that nobody rated TCTL products as a poor. Thus
majority of the dealers opined that the product quality of TCTL is good
3.4 Table showing opinion of the dealer on the factor which enabled them to be
the dealer of TCTL:
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Attributes No: of respondents Cumulative
respondents
Percentage
Availability 7 7 17.5
Quality 26 33 65
Company policy 4 37 10Margin 3 40 7.5
Total 40 - 100
Analysis:
From the table it is clear that 65% of the total population have taken the dealership
because of the quality of the products.17.5% have taken because of easy availability
of the products.10 % stated that company policy as the reason. Only 7.5% stated that
they have taken dealership because of the margin of the products.
3.4 Chart showing opinion of the dealer on the factor which enabled them to be the
dealer of TCTL:
Interpretation
Majority opined that they took the dealership because of quality of the product. Then
availability of the product was the second major factor and then follows company
policies. Margin was the minor factor for taking the dealership.
3.5 Table showing opinion about credit period given by TCTL:
Opinion No: of respondents Cumulative
respondents
Percentage
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Very good 0 0 0
Good 3 3 7.5
Satisfactory 16 19 40
Poor 21 40 52.5
Total 40 - 100
Analysis:
The about table depicts that 52.5%of the respondents felt that the credit period given
by the company is poor. 40%of them felt it as a satisfactory. Only 7.5 % of the
respondents felt it as good.
3.5 Chart showing opinion about credit period given by TCTL:
Interpretations
Most of the dealers are dissatisfied with the credit facility provided by the company.
3.6 Table showing opinion about promotional activities:
Opinion No: of respondents Cumulative
respondents
Percentage
Very good 0 0 0
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Good 0 0 0
Satisfactory 17 17 42.5
Poor 23 40 57.5
Total 40 - 100
Analysis
The above table shows that 57.5 % of the respondents felt that the promotional
activities provided by the organization are poor, while 42.5% of them it as
satisfactory.
3.6Chart showing opinion about promotional activities
Interpretations
Most of the dealers are dissatisfied with promotional activities provided by the
company. But none of them felt the promotional activities were good
3.7 Table sowing pricing compared with competitors:
Opinion No: of respondents Cumulative
respondents
Percentage
Very high 0 0 0
High 6 6 15
Average 27 33 67.5
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Low 7 40 17.5
Total 40 - 100
Analysis
Almost 67.5% of the respondents felt that price of products were average.17.5% are
of the opinion price was low and rest 15% stated that price was high.
3.7 Chart showing pricing compared with competitors:
Interpretations
Almost all the dealers said that the price of the product is average. Some felt that the
price is low. Some said that the price is comparatively high.
3.8 Table showing promotional activity preferred with TCTL:
Attributes No: of respondents Cumulative
respondents
Percentage
Discount 14 14 35
Gift 7 21 17.5
Prize 13 34 32.5
Others 6 40 15
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Total 40 - 100
Analysis
From the table it is clear that 35% of the dealers prefer discount, 32.5% prefer prize,
17.5% prefer gift and 15% prefer other promotional activities.
3.8 Chart showing promotional activity preferred with TCTL
Interpretation
Majority of the dealers prefer discount then prize then gift and least number of dealers
prefer other promotional activities such as tour packages etc.
3.9 Table showing timely delivery of TCTL products:
Opinion No: of respondents Cumulative
respondents
Percentage
Yes 32 32 80
No 8 40 20
Total 40 - 100
Analysis
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It is visible from the above table that 80% of the dealers felt that the company delivers
its products at the right time and rest of the 20% felt otherwise.
3.9 Table showing timely delivery of TCTL products:
Interpretations
The company provides all its products & services to its dealers at the right time. Only
a few dealers were not satisfied with the delivery system.
3.10 Table showing opinion the employees relation with you:
Opinion No: of respondents Cumulative
respondents
Percentage
Highly satisfied 9 9 22.5
Average 18 27 45
Satisfied 13 40 32.5
Dissatisfied 0 40 0
Total 40 - 100
Analysis
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Form the above table it is clear that 45% of the dealers are satisfied with the way the
employees deal with the dealers. And 32.5% of them think that it is average and only
22.5% think that the dealing of the employees are highly satisfactory.
3.10 Chart showing opinion the employees relation with you:
Interpretation
Most of the dealers are satisfied with the way the TCTL employees behave with the
dealers.
3.11Table showing factor that the dealers expect largely from the company:
Attributes No: of respondents Cumulative
respondents
Percentage
Promotional scheme 14 14 35
Sales follow up 2 16 5
Service 3 19 7.5
Credit facility 21 40 52.5
Total 40 - 100
Analysis
From the above table it is clear that 52.5% of the dealers want credit facility to be
given by the company and 35% of the dealers need promotional scheme and 7.5 %
dealers need service by the company and only 5% of dealers need sales follow up
from the company.
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3.11 chart showing factor that the dealers expect largely from the company:
Interpretations
The factors that the dealers require more is the credit facility to be given by the
company and promotional activities along with it so that the dealers can increase the
sales TCTL products.
3.12 Table showing opinion about the proper accessibility of TCTL product:
Opinion No: of respondents Cumulative
respondents
Percentage
Yes 35 35 87.5
No 5 40 12.5
Total 40 - 100
Analysis
From the above table it is clear that 87.5% of the dealers say that they have good
accessibility to TCTL products and 12.5 % believe that they have less accessibility to
TCTL products
3.13 chart showing opinion about the proper accessibility of TCTL product
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Interpretation
The dealers believe that they have good accessibility to the TCTL products as the
company is situated in the Palakkad district and is near to many dealers.
3.13 Table showing the next largest supplying brand in demand:
Brands Respondents Cumulative
respondents
Percentage
BEETEL 15 15 37.5NATIONAL
PANASONIC
9 24 22.5
TATA 4 28 10
ORPAT 11 39 27.5
GEEPAS 1 40 2.5
Total 40 - 100
Analysis
From the above table it is clear that 37.5% of the respondents felt that BEETEL is thenext largest supplier in demand and 27.5% said that ORPAT is the next largest
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supplier in demand and just below to it comes the NATIONAL PANASONIC. TATA
and GEEPAS are also competable with the demand compared to all other products.
3.13Chart showing the next largest supplying brand in demand
Interpretation
The dealers of the TCTL sensed that there is high competition prevailing in market
and TCTL has to give its full effort to meet the high demand prevailing in the market.
3.14 Table showing opinion about companies over all service performance today
compared to last year:
Attributes Respondents Cumulative
respondents
Percentage
Generally improved 1 1 2.5
Improved 5 6 12.5
Same as last year 24 30 60Declined 7 37 17.5
Greatly declined 3 40 7.5
Total 40 - 100
Analysis
From the above table it is clear that 60% of the dealers are considering the service
performance of the company as the same as previous year and 17.5% consider that it
has declined and 12.5% believe that it has improved. 7.5% of the dealers think that the
service performance of the company has greatly declined, and only 2.5% think that
service has improved greatly.
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3.14 chart showing opinion about companies over all service performance today
compared to last year:
Interpretation
Most of the dealers felt that the service performance of the company that is given to
the dealers is the same as of previous year and there is no much changes in the service
provided by the company.
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3.15 Table showing after sales service given by the company.
Opinion No: of respondents Cumulative
respondents
Percentage
Highly satisfied 10 10 25
Moderate 19 29 47.5
Satisfied 8 37 20
Dissatisfied 3 40 7.5
Total 40 - 100
Analysis
From the above table it is clear that the after sales service of the company is moderate
and the dealers are highly satisfied with the after sales service of the company.
3.15 Chart showing after sales service given by the company
Variables Mark
Highly satisfied 4
Moderate 3
Satisfied 2
Dissatisfied 1
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After sales service given by
BPL
0
0.5
1
1.5
2
2.5
3
likert points
Interpretation
From this Likert scale it shows that after sales service given by the TCTL above
average felt by its dealers
3.16 table showing dealers who recommend TCTL products
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opinion No: of respondents Cumulative
respondents
Percentage
Yes 31 31 77.5
No 9 40 22.5
Total 40 - 100
Analysis
From the above table it is clear that 77.5.% of the dealers recommend company
products because of quality & after sales given by the company.
3.16 Chart showing dealers who recommend TCTL products
Interpretation
Majority of dealers suggest the TCTL products to their products.
CHAPTER V
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FINDINGS, SUGGESTIONS AND CONCLUSION
FINDINGS
For majority of dealers the factor that induces to take dealership is due to the
high quality and availability of the products.
When compared to competitors, price of the TCTL products are less.
Majority of the respondents opinion credit facility and promotional
activities as factor from TCTL.
72.5% of the dealershave been associated with TCTL for more than 10
years.
Majority of the dealers felt that the product quality is good.
65% of the respondents have taken up TCTL dealership because of its
quality.
Most of the respondents opinion that they are not satisfied with the credit
period by TCTL.
Maximum of the dealers are dissatisfied with promotional activities
provided by the company
The company provides all its products & services to its dealers at the right
time.
Dealers require more is the credit facility to be given by the company.
The dealers rely on that they have good accessibility to the TCTL products.
After sales service given by the company is moderate.
Most of the dealers are satisfied with the way the employees deal with the
dealers.
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According to the dealers the major strength of the company is its brand
image and quality, and the weakness is not providing sufficient credit
period.
The dealers of the TCTL sensed that there is high competition prevailing in
market.
After sales service given by the company is moderate.
60% of the dealers said that the service performance given by the company
to the dealers compared to last year has same.
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SUGGESTIONS
Based on the detailed study conducted, some suggestions were given to the company
to maintain dealer satisfaction as well as increase market demand.
The management can provide enough credit facility to dealers which in
turn, will increase the bulk purchase of dealers.
The company should introduce more promotional activities like
advertisement, POP (point of purchase) that will help to increase the
demand of the products.
Dealers should consider the demand of people time to time so that they
come to know what people want in a particular period of time.
The dealers can be provided with good profit margin for the sale of the
product by the company which will motivate them to sell TCTL products
more than compared to others.
Company can give offers such as discounts, commission, incentives,
allowance and special advertisement and dealers contest which in turn will
increase the sales volume which in turn will increase the sales volume.
Company must give its full effort to meet the high demand prevailing in
the market.
Company can conduct short term dealer training to impart the dealers
knowledge about customers, about products, about competition, and about
sales technique.
Company can also offer tour packages to motivate dealers to increase their
morale.
For the complete satisfaction of dealers and customers, the company should
be very prompt in sales follow up, feedback, and after sales service.
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CONCLUSION
The study was conducted in Kerala. The project was conducted to study about the
Dealers Satisfaction with reference to TCTL Private Limited Palakkad. The sample
consisted of 40 dealers in Kerala as several districts. From the study it can be
concluded that, most of the dealers are satisfied with the quality of TCTL products.
TCTL Private Limited is a leading electronics and Telecommunications Group in
India. The company established its image as a reliable and strong brand in the
consumer durables market, a reputation that it still enjoys. Many Multinational
Companies have also entered the Indian telecom industry. So the company is facing
high competition. The company expects hardworking employees and the whole
hearted support from the government. Whatever it is the Dealers Satisfaction of the
company is satisfactory, they opined that further improvements can be made in case
of market demand and service to dealers.
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APPENDIX
Questionnaire
A study on dealers satisfaction with reference to TCTL pvt ltd Delhi
Name -:
Address :
Experience in dealership?
1- 4 years 4-7 years
7- 10 years above 10 years
How long you are dealing with TCTL product?
1- 4 years 4-7 years
7- 10 years above