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