Volvo India
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Transcript of Volvo India
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7/31/2019 Volvo India
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Volvo India
Presented to Ms. Sonam Singla
Presented by - Group 12
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Introduction
A Brand in India
Came into existence in 1998 in India
Hurdles and competition they faced
Brought Innovative and luxury approach
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Case Overview
Bid to DTC in 1998, rejected
No support from state transport corporation
Thought out of the box
Capture customers heart with theirentertainment and luxury service.
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Interstate coach rises from 20 in 2001 to5000 in 2011
Introduction of AC buses
Comprises of 76 percent of the luxury busmarket
Sell the concept not the tickets
First city bus to bmtc in jan 2006.
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Launched 14.5m intercity bus, longest inIndia
Competition from Mercedes Benz and Tatamotors
Entered into manufacturing in 2008
Making 1100 buses a year and hopes toraise production to 2500 by 2013/14.
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Started operating in tier II cities
Proved their mettle and showed theirpotential
Leaders in this segment.
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Analysis Understood the demand of the market and
grabbed the opportunity
Believed in selling not just the product but theconcept
Reached to the public through advertisements
Foresightedness and perseverance have been itspillars to success
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Interacted with people , had feedbackfrom them and kept maturing
Entered into manufacturing on seeing thecompetition from Mercedes Benz and Tata
motors.
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Recommendations Customer care centre of Volvo should be there.
State of art roads should be designed for publictransport.
Should look to reduce the cost withoutcomprising on the quality.
Mini buses should be introduced to connectsmall towns to tier II and tier III cities.
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Conclusion Everything has its own importance & there is
always enough space to capture the market andbe a brand in the market.
Their attributes like firm belief and perseveranceare its pillars of their success .
Volvo eventually become a part and parcel ofpublics life.
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Thank you