Zydus Cadilla Internship Report

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    CHAPTER 1

    INTRODUCTION

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    CHAPTER 1: INTRODUCTION

    THE BEGINNING

    The dawn of 50s ushered in an era of awakening. Having broken free from the

    bondage of dormant history, a need arose for the country to be self sufficient in all

    spheres. Healthcare at this time was the sole domain of a few pharmaceutical giants.

    Under such circumstances, with tenacity of purpose and unfailing zeal to achieve

    perfection in quality, Cadila was founded in 1952.

    In 1947, late founder of Cadila, Mr. Ramanbhai B. Patel was completing his

    graduation at the Baroda Science College. After completing his studies in

    pharmaceutical sciences, he went on to join L.M. College of Pharmacy, one of the

    oldest Pharmacy Colleges in India as a lecturer. Then Mr. Ramanbhai Patel turned a

    first generation entrepreneur, Mr. Patel was one of the stalwarts of the Indian

    Pharmaceutical Industry. At the time of Indias independence, the nation was heavily

    dependent on imports of drugs and pharmaceuticals; the total value of Allopathic

    drugs and formulations produced in the country amounted to Rs 1 Crore per year and

    was dominated by multinationals. Then Mr. Ramanbhai was determined to prove that

    an indigenous company could prove innovative formulations and research based,

    quality products. He was quite sure that Cadila would become synonymous with

    quality medicinal and thus emerged the slogan Cadila for Quality.

    Mr. Patel started business with his friend Mr. Indravadan Modi of just Rs 25000,

    emerging as a modest pharmaceutical company. The starting was not so easy the

    biggest challenge for them was in convincing the doctors to prescribe the products of

    Cadila. He selected a list of doctors who were very influential among their peers and

    the trendsetters of their time. He was certain that if we could convince these selected

    doctors about there products, the work would be almost complete and yes it was the

    key of their success.

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    Soon, Cadila came out with a wide range of innovative products. He thus set a trend

    for innovative healthcare solutions. They reached the peak of success within few

    years by their hard work. By the early 1990s, Cadila was ranked the third largest

    Pharmaceutical Company in India and second largest in 1992. The decade also

    marked the beginning of a new economic framework and a shift in government

    policies. To thrive in this evolving environment, it became imperative for Cadila to

    restructure and streamline its business operations. Moving beyond pharmaceuticals,

    the concept of total healthcare now forms the commercial heart of the groups

    operations and activities, spearheading the combined activities of the group as whole

    new identity, Zydus.

    Overview of the Company

    Zydus Wellness Limited was incorporated as Carnation Nutra-Analogue Foods

    Limited in the year 1994 with their corporate office at Zydus Tower, Satellite Cross

    Roads, Ahmedabad, Gujarat Initially the company was engaged in the business of

    manufacturing, buying and selling of all types of health food products, low fat, low

    cholesterol including table margarine, cheese, butter and substitute products. The

    name of the company has been changed from 'Carnation Nutra-Analogue Foods

    Limited' to 'Zydus Wellness Limited' with effect from January 5, 2009.

    This Consumer Division of Zydus Cadila was envisioned to promote healthy living

    by anticipating emerging and day-to-day needs in dietetic/health foods, and personal

    care by offering healthier choices to the consumer. Health and wellness have been

    identified as emerging opportunity areas in consumer healthcare and a key focus area

    for the business. The consumer division aims to empower individuals to take

    increasing responsibility for ones health by adopting healthy eating and living habits

    and lifestyles. The Division markets products under two major groups the Sugar

    Free range and the EverYuth range.

    The acquisition has strengthened the divisions offerings to the health -conscious

    consumers, as a pioneer in low calorie/dietetic products and functional/health foods.

    With the convergence of healthcare, nutrition, wellness and cosmeceuticals, only

    those companies with the ability to innovate expand market reach and offer niche

    products in this domain will have a clear advantage in the marketplace.

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    MISSION AND VISION

    MISSION

    A mission to create healthier communities

    Zydus Cadila is dedicated to life in all its dimensions. Its world is shaped by a

    passion for innovation, commitment to partners and concern for people in an effort to

    create healthier communities, globally.

    The company believes in offering products of the highest quality and supporting the

    hands that heal with innovative contribution in patient-care.

    VISION

    A vision that unleashes value

    To be a leading global healthcare provider with a robust product pipeline;

    Stepping beyond the billion, we shall achieve sales of over $3bn by 2015.

    Being one of Indias leading healthcare players, they aim to be a global research

    driven company by 2020.

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    BOARD OF DIRECTORS

    Pankaj R. Patel

    Chairman & Managing Director

    Sharvil P. Patel

    Deputy managing director

    Mukesh M. Patel

    Director

    Humayun Dhanrajgir

    Director

    Apurva S. Diwanji

    Director

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    COMMUNITY CARE

    CORPORATE COMMUNITY INVOLVEMENT

    As a part of its corporate community involvement initiatives Zydus Cadila has

    undertaken several projects related to education and healthcare.

    EDUCATION

    The late founder of Zydus Cadila, Mr. Ramanbhai Patel had dedicated his life to the

    quest of knowledge as an academician, entrepreneur and research scientist.

    He firmly believed that the knowledge seeking process must start early in life and it

    was his dream to set up an educational institution where children can constantly seek

    creative expressions for their endeavours.

    The Zydus School of Excellence under the Ramanbhai foundation thus came into

    being. The purpose of such an institution was to create a foundation head where

    children had an opportunity to broaden the knowledge and the freedom to explore

    their creative impulses.

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    INTERNATIONAL BUSINESS

    Zydus Cadila expanded its business not only in India but also throughout the world,

    such as, Indonesia, South Africa, Brazil and Algeria. Globalization of business

    operations is one of the thrust areas of the group. The initiatives undertaken on this

    front have resulted in high growth in both exports of branded formulations and APIs.

    The group exports branded formulations to 43 countries worldwide.

    To step up growth in exports, Zydus Cadila has been focusing on introducing new

    molecules. The company was the first to launch Pantodac and Zycl in Sri Lanka,

    Zycel in Uganda and Myanmar, Atorva in Veitnam and anti-AIDs therapy in

    Cambodia. Along with the German Remedies Specialties Limited, a 100% subsidiary

    of GRL, it has emerged as the largest Indian group in formulation of sales in Sri

    Lanka and is amongst the top 5 Indian companies in Myanmar, Uganda, Vietnam,

    Mauritius and Singapore. It has also identified a basket of 20 global brands. It has a

    total of 560 product registrations so far. The companys overall therapy focus with

    presence in cardiovascular, gastrointestinal and pain management will drive a growth

    in exports.

    In an industry which faces severe competition and continual price erosion, the groups

    focus is to maintain cost leadership and customer loyalty in both the domestic and

    international markets. The thrust in the coming years will be in the regulated marketsof the USA.

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    MILESTONES OF ZYDUS CADILA

    50s

    After serving as a lecturer in the L.M. College of Pharmacy, Mr. RamanbhaiPatel turns into an entrepreneur and establishes Cadila in 1952.

    Cadila sets a trend in introducing new innovative products. In 1957, it introduced ISOpar, a rational formulation of INH & PAS for the

    treatment of tuberculosis.

    In 1959, Neroxin 12A was introduced, first of its kind product, whereincompatible neurotropics-B1, B6, B12 were made compatible in a vial.

    60s

    To increase exports, the production unit of Cadila Exports was set up in 1967at Kandla Free Trade Zone. The Late Prime Minister of India, Mrs. Indira

    Gandhi inaugurated the unit.

    A full fledged R&D center was set up in 1969 with recognition from theDepartment of Science & Technology, Govt. of India.

    70s

    The group sets up its bulk drug manufacturing plant at Ankleshwar in 1972. Cadila receives the National award for import substitution in 1973. Develops the process technology for the anti-diabetic drug Glibenlamide. Launches Dexona-20 for the first time in India in 1977 to provide

    Dexamethasone in concentrated form for the treatment of shocks.

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    80s

    Receives first award from Chemexcil for its performance in export from 1985-84 and also for the year 1986-86.

    Receives the award for excellence in quality from Indian Drug ManufacturersAssociation in 1985.

    90s

    Ranked second in the Indian Pharmaceutical industry in 1993. The group restructures in 1995, Cadila Healthcare Ltd under the aegis of the

    Zydus Group is set up in the year 1995.

    It improves its ranking from 16th to 9th position amongst the topPharmaceutical companies in India.

    Entered into a strategic alliance in 1996 with Centeon worlds largest plasmaprotein company. The company is now known as Aventis Behring.

    Cadila Healthcare launches Falcigo in strategic alliance with Guillin pharmaof China. This breakthrough product in the anti malarial segment was

    launched for the first time in India in 1996.

    2000-2011

    Cadila Healthcare enters the capital market with an IPO in February 2000. Enters into a joint venture with Sarabhai Enterprises in the Animal Healthcare

    segment in January 2000 to create Indias number one animal healthcare

    company Sarabhai Zydus Animal Health Ltd.

    Zydus Cadila acquires German Remedies Ltd in 2001, in what was the largestM&A in the Indian pharmacy industry.

    The company acquires Aten, one of the largest selling anti-hypertensivebrands in September 2001. The acquisition catapults Zydus Cadila to the top

    spot in the cardiovascular segment.

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    Mr. Pankaj R Patel becomes the chairman and managing director of ZydusCadila and is elected the chairman of the board of German Remedies in

    October 2001.

    The companys first overseas acquisition, it acquired Alpharma France in2003, now known as Zydus France SAS.

    Entered into a strategic alliance with Zambon of Italy to open new avenues incontract manufacturing in 2004.

    Entered into a joint venture with Mallinckrodt pharmaceuticals generics, the7th largest pharmaceutical company in the US for generic products in 2005.

    In 2007, Zydus Cadila, the first to launch revolutionary anti-obesity drugSlimona in India.

    In 2008 Zydus Cadila becomes the 1st Indian Pharma company to receiveWHO accreditation for anti- Rabies vaccine.

    In 2009 Simayla becomes a 100% subsidiary of the Zydus Group. In 2010 Vaxiflu-SIndias first H1N1 vaccine is launched. Mr. Pankaj R. Patel, CMD - Zydus Cadila, wins E&Y Entrepreneur of the

    Year - Healthcare and Life Sciences Award 2009.

    In 2011, Zydus IND application of ZYGK1 for treating diabetes receivesUSFDA approval.

    Zydus Cadila joins the billion dollar league.

    http://www.zyduscadila.com/press/Slimona%20in%20India.pdfhttp://www.zyduscadila.com/press/Slimona%20in%20India.pdfhttp://www.zyduscadila.com/press/PressNote14-10-08.pdfhttp://www.zyduscadila.com/press/PressNote14-10-08.pdfhttp://www.zyduscadila.com/press/PressNote31-12-09.pdfhttp://www.zyduscadila.com/press/PressNote03-06-10.pdfhttp://www.zyduscadila.com/press/PressNote03-06-10.pdfhttp://www.zyduscadila.com/press/PressNote03-06-10.pdfhttp://www.zyduscadila.com/press/PressNote03-06-10.pdfhttp://www.zyduscadila.com/press/PressNote03-06-10.pdfhttp://www.zyduscadila.com/press/PressNote17-02-10.pdfhttp://www.zyduscadila.com/press/PressNote17-02-10.pdfhttp://www.zyduscadila.com/press/PressNote17-02-10.pdfhttp://www.zyduscadila.com/press/PressNote17-02-10.pdfhttp://www.zyduscadila.com/press/PressNote07-04-11.pdfhttp://www.zyduscadila.com/press/PressNote07-04-11.pdfhttp://www.zyduscadila.com/press/PressNote01-04-11.pdfhttp://www.zyduscadila.com/press/PressNote01-04-11.pdfhttp://www.zyduscadila.com/press/PressNote07-04-11.pdfhttp://www.zyduscadila.com/press/PressNote07-04-11.pdfhttp://www.zyduscadila.com/press/PressNote17-02-10.pdfhttp://www.zyduscadila.com/press/PressNote17-02-10.pdfhttp://www.zyduscadila.com/press/PressNote03-06-10.pdfhttp://www.zyduscadila.com/press/PressNote31-12-09.pdfhttp://www.zyduscadila.com/press/PressNote14-10-08.pdfhttp://www.zyduscadila.com/press/PressNote14-10-08.pdfhttp://www.zyduscadila.com/press/Slimona%20in%20India.pdfhttp://www.zyduscadila.com/press/Slimona%20in%20India.pdf
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    CONSUMER PRODUCTS DIVISION OF ZYDUS CADILA

    (ZYDUS WELLNESS LIMITED)

    The consumer division of Zydus Cadila was envisioned to promote healthy living by

    anticipating emerging & day to day needs in diabetic/health foods and personal care

    by offering healthier choices to the consumer. Health & wellness have been identified

    as emerging opportunity areas in consumer healthcare & a key focus area for the

    business. The consumer division aims to empower individuals to take increasing

    responsibility for ones health by adopting healthy eating and living habits and

    lifestyles. The division markets products under four major groups- the Sugar free, the

    Ever Yuth, Nutralite & Ready to drink (RTD).

    The consumer division has recently launched Actilife (healthy nutrition drink

    for adults). The launch has strengthened the divisions offerings to the health

    conscious consumers, as a pioneer in low calorie/diabetic products and

    functional/health foods.

    PRODUCT PROFILE

    SUGAR FREE GOLD-LOW CALORIE SUGAR SUBSTITUTE:

    Sugar Free is the first aspartame based product to be launched in the country. Today it

    is a brand leader with a market share of 51.2% (ORG May01).Aspartame is an

    internationally acclaimed non-toxic low calorie sugar substitute and is approved by

    W.H.O. It can be used in variety of food items, practically wherever sugar is used.

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    Name of the product Sugar Free Gold

    Regular Packing Sachets- 25, 100, Tablets- 110, 360,Concentrate

    Usage It can be used in hot and cold beverages,baked preparations, sweets etc.

    Ingredients Aspartame based low calorie sugarsubstitute.

    Quality Standard Approved by WHO

    Special Features It helps manage the calorie intake.Reduces the risk of lifestyle diseases like

    diabetes. It has only 2% of the calories

    provided by sugar.

    SUGAR FREE NATURA SWEET DROPS

    Name of the Product Sugar Free Natura Sweet Drops

    Regular Packing 10 ml = 200 drops (approximately)

    MRP: Rs. 95/-

    New blister packing, with premium look.

    Usage It can be used in hot and cold beverages,baked preparations, sweets and many

    others

    Ingredients It is sucralose based 0 calorie sugarsubstitute

    Advantages - Easy to use & carry.

    - It is Leak proof.

    - Convenient for all value added table

    top applications and regular applications

    like tea, coffee, corn flakes, milk shakes,

    juices, nimbu pani etc.

    - Easy to mix in different food and

    desserts like kheer, gajar halwa, puddings

    etc.

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    SUGAR FREE HERBVIA

    Name of the Product Sugar Free Herbvia

    Regular Packing 50 Sachets pack Rs. 100

    100 Pellets pack Rs. 95

    Usage It can be used in hot and cold beverages.

    Ingredients Contains Stevia extract derived out ofplant Stevia.

    Quality Standard Stevia is worlds only all herbalsweetener with zero calories, zero

    carbohydrates and zero glycemic index.

    Special Features First Herbal Stevia Sweetener from houseof Sugar free.

    Suitable for diabetics and obese people

    wanting to manage calories, the herbal

    way.

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    SUGAR FREEDLITE (READY TO DRINK)

    Name of the Product Sugar Free DLite

    Flavours Lemon, Orange, Apple, Peach andPassion Fruit

    Usage Healthy Soft drink.

    Ingredients Aspartame, fruit powder, Vitamin C etc.

    Quality Standard Approved by WHO

    Special Features Brazilian Fruits are used as theingredients of Passion fruit.

    Expiry 4 months from the date of manufacturing.

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    CADILA SKINCARE

    EVER YUTH (SKIN SPECIALIZATION)

    LEMON FACE WASH

    GRANULAR FACE WASH

    Name of the Product Lemon Face WashIngredients Green Apple and Honey

    Features 100% soap free facial gel whichgently deep cleanses the skin. It

    effectively removes dirt, bacteria and

    skin impurities, nourishes skin. It is

    for all skin types.

    Size and Price 72mlRs 30/-, 125mlRs 45/-

    Name of the product Granular Face Wash

    Ingredients Tea Tree Oil

    Features 100% soap free, deep cleansesoily skin, removes bacteria,

    soothes & moisturizes skin.

    Size 72ml and 125ml

    Price Rs30 and Rs 45 respectively

    Skin Type Normal to Oily skin

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    CREAM FACE WASH

    NEEM

    FACEWASH

    Name of the

    Product

    Cream Face Wash

    Ingredients Peach, Aloe Vera & Wild Cherry

    Features Specially formulated for dry skin.

    Peach/Aloe Vera: Rich Natural moisturizer

    Wild Cherry: Rejuvenates & refreshes skin

    Size and Price 72ml: Rs 30/-

    125ml: Rs 45/-

    Skin Type Normal to Dry skin

    Name of the product Neem Face Wash

    Ingredients Tea Tree Oil: Controls oilsecretion.

    Neem: Has anti-bacterial properties

    Chamomile: Soothes andmoisturizes the skin.

    Features The unique granular formationeffectively deep cleanses the skin,

    prevents the occurrence of pimples,

    whiteheads and blackheads. It

    controls excessive oil secretion,

    leaving the skin absolutely fresh

    and rejuvenated.

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    EVERYUTH FACIAL SCRUBS

    WALNUT & APRICOT FACIAL SCRUB

    Name of the Product Facial Scrub

    Ingredients Walnut & Apricot, Skin Vitamins : A, C & E

    Features Natural water particles:Smoothens skin texture,removes dead skin cells and regenerate new cells.

    Apricot: Moisturises skin, making it soft & supple.

    Vitamins A,C & E: Protect skin from the sun,

    pollution and premature aging.

    Size and Price 30 gm: Rs 35/-,

    50 gm: Rs 50/-

    100 gm: Rs80/-

    220 gm: Rs 150/-

    Skin Type All skin type

    ULTRA MILD FACIAL SCRUB

    Name of the product Facial Scrub-Ultra Mild

    Ingredients Apricot and Papaya

    Features Micro granules for daily scrubbing. Removesdead skin cells and blackheads, moisturizes skin

    and makes it soft.

    Size 7gm, 60 gm & 125 gm

    Price Rs 7, Rs 50, & Rs 125 respectively

    Skin Type Normal to Sensitive skin

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    EVER YUTH PEEL OFFS

    ORANGE PEEL-OFF

    Name of the Product Orange Peel Off

    Ingredients Orange peel extracts, Fruit AHA & skin vitamins A,C &E

    Features Orange Peel Extracts: Refreshes, condition, lighten &moisturizes skin.

    Fruit AHA: Revitalize skin

    Vitamins A, C & E: Protect skin from UV rays,pollution & premature aging.

    Size and Price 35 gm: Rs 30/-

    50gm: Rs 55

    100 gm: Rs 80/-

    GOLDEN GLOW PEEL-OFF

    Name of the product Golden Glow Peel Off

    Ingredients Orange Peel Extracts: Refresh, condition,lighten and moisturizes skin.

    Natural Minerals: Make the skin smooth,

    generate new cells & give a golden glow.

    Skin Vitamins A, C & E: Protect skin from sun,pollution and premature ageing.

    Features The product comes with a special glitter particulesthat give you instant fairness and a shimmery new

    look. Infused with orange extracts, its unique 3-

    way action cleanses, smoothens and nourishes the

    skin giving your face an instant makeover.

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    EVER YUTH POWDER FACE PACKS

    ROSE FACE PACK:

    Name of the product Rose Face Pack

    Ingredients Rose Petals: It purifies, softens andrefines the skin texture.

    Features The natural goodness of rose petalscleanses the skin, removing impurities

    and bacteria while maintaining the skins

    lustre. It leaves the skin with a fresh and

    lively feel just like that of a rose flower.

    HALDI CHANDAN FACE PACK

    Name of the product Haldi Chandan Face Pack

    Ingredients Sandalwood: It purifies the skin fromwithin and helps lighten the complexion.

    Saffron: Has antibacterial properties thatkill the bacteria.

    Turmeric: Has natural healingproperties.

    Features The rich combination of Sandalwood,Saffron and Turmeric helps prevent the

    skin darkening while improving the

    complexion. A visibly fairer, lighter and

    glowing skin is what you earn.

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    SKIN ESSENTIAL

    MOISTURISING COLD CRME

    Name of the product Moisturising cold creme

    Ingredients Sunflower, Almond, Apricot & WheatGerm Oil

    Features Gives skin the essential moisture whichthe skin loses due to exposure to sun and

    pollution. It nourishes the skin from

    within, gives it smooth texture and makes

    it supple.

    NOURISHING BODY LOTION

    Name of the product Nourishing Body Lotion

    Ingredients Cocoa Butter: For deep moisturizing.

    Honey: Retains moisture balance, maintainsits natural suppleness and prevents it from

    drying.

    Wheat Germ Oil & Almond Oil: Soften theskin

    Features Gives skin the essential moisture which theskin loses due to exposure to sun and

    pollution. It nourishes the skin from within,

    gives it smooth texture and makes it supple.

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    EVER YUTH MENZ

    ENERGIZING SCRUB

    Ingredients Walnut Shell Powder: Removes deadcells & stimulates blood circulation.

    Allantoin: Reduces inflammation &soothes irritated skin.

    Menthol: Has a cooling effect thatsoothes the skin

    Botanical Complex: Clarifies &balances the complexion.

    Features - Deep cleanses, right down to thepores,

    - Stimulates blood circulation,- Washes away dead cells.

    INTENSIVE MOISTURISER

    Ingredients Green Tea Extract: Smoothens skin &improves.

    Allantoin: Reduces inflammation &soothes irritated skin.

    Skin Vitamins: Keeps the skinmoisturized.

    Glycerine: Gives a healthy complexion

    Features - Light and non greasy- Deep moisturiser- Gently evens out skin tone- SPF 15 shields against the mild

    rays of sun, preventing darkening

    of skin.

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    CHAPTER 2

    REVIEW OF LITERATURE

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    REVIEW OF LITERATURE

    In order to establish the necessity of doing research in the current area an extensive

    literature was reviewed, the perception of the researchers can be summarized on

    various aspects as:

    1. Vyas, Preeta H. (Jan-Mar2003)

    Vikalpa: The Journal for Decision Makers Vol. 36 Issue 1, p89-102, 14p

    Review:

    The erstwhile Cadila Laboratories was founded in 1952 by Shri Ramanbhai Patel.

    The company became Indias second largest pharmaceutical company. In 1988, Sugar

    Free was launched as an ethical drug for diabetic patients. In 1995, after a vertical

    split in the operations, Cadila Healthcare came into being under the aegis of the Zydus

    group. With Rs. 2,500 million turnovers, Zydus Cadila had the right to manufacture

    and market the Sugar Free brand. In 1999, the colour of the pack was changed to a

    vibrant yellow from blue and white. The shape of an hour glass was chosen for the

    pack of this low-calorie sweetener to indicate fitness. The company was the first toextensively distribute and to make inroads into grocery/kirana outlets in the country.

    In order to create awareness for Sugar Free as a table-top sweetener, the company

    decided to advertise on TV. The Cricket World Cup (2003) event also increased the

    viewer ship of the news channels and the use of Harsha Bhogle and Raveena Tondon

    as endorsers in a TVC further helped in increasing the awareness of the brand.

    In 2004, Sugar Free Natura, a brand extension, was introduced.

    The company launched Sugar Free DLite, a soft drink, using artificial sweetener in

    2007. For 2-3 years, the company spent heavily on free samples for generating trials

    and word-of-mouth campaigning,

    With about 70 per cent market share, Sugar Free was the leader in the Indian

    sweetener market. In 2006, Zydus Cadila bought Nutralite, a healthier alternative to

    butter, from Carnation Nutra Analogue Ltd. Subsequently, through reorganization, all

    wellness brands like Nutralite, Sugar Free Gold and Sugar Free Natura, DLite, and

    skincare products like Ever Yuth were brought under a company named Zydus

    Wellness Ltd.

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    2.Mogelonsky, Marcia (Jan2008)

    Prepared Foods Vol. 177 Issue 1, p13-22, 6p

    Review:

    Rising incidences of diabetes and overweight/obesity are pushing consumers from

    sugar and toward sugar-free alternatives. The research shows diabetes influencing the

    purchase decisions of more than a third of respondents: 34% of those purchasing

    sugar-free products for themselves do so for a diabetes-related reason, as do 39% who

    purchase sugar-free items for another household member.

    According to the exclusive research, 29% of respondents are extremely or very

    interested in sugar free or low-sugar products as a form of diet plan or part of a

    regulated diet program based on a survey conducted in 2002-04.

    In the early 2000s, sucralose, a sweetening ingredient hit the market, given a

    "healthier" profile than other sugar substitutes. That time the low-carb fad was at its

    height, and the combination of factors led to a rush on products made with sucralose.

    The sweetener became the sugar-free ingredient of choice in a wide array of product

    classes, from cereal to ice cream to carbonated beverages. However, the low-carb fad

    faded, and low-carb eating has become one of many strategies consumers use towatch their weight and sugar intake. As a result, sales of sucralose slowed noticeably.

    Later on, Stevia, a natural plant-derived sweetener came in the US markets as a

    nutritional supplement.

    Gum products are also being used as appetite suppressants as per the research study. It

    has become common for consumers to chew sugar free gum instead of eating a more

    calorie-laden treat. It is not clear what manufacturers can do to sustain the popularity

    of specific sugar-free products. The whole carbonated beverage industry is under

    pressure from multiple new competitors whose products are not carbonated, not

    overly sugared and not boring.

    So great is the competition that major manufacturers have adopted an "if you can't

    beat them, buy them" approach. In May 2007, for example, Coca-Cola purchased

    Glaciiau vitamin water for $4.1 billion as a way of bolstering its portfolio of non-

    carbonated beverages, especially the bottled water, flavoured water and energy drink

    segment.

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    Sugar-free chocolate confectionery had a major following during the height of the

    low-carb years in 2000 and 2()04 but the current trend favours sugar-free, non-

    chocolateproducts, sales of which are moving at a pace considerably faster than their

    chocolate counterparts. Producing sugar free versions of strong established candy

    brands.

    The data suggest that while this issue is not currently a major threat, the sugar-free

    industry should be prepared to deal with inquiries about the effects of consuming their

    products.

    3. Harrington, Susan(Feb2008) The Journal of School Nursing; vol. 24,pg. 3-12The Role of Sugar-Sweetened Beverage Consumption in Adolescent Obesity

    Review:

    Soft drink consumption has increased by 300% in the past 20 years, and 5685% of

    children in school consume at least one soft drink daily. The odds ratio of becoming

    obese among children increases 1.6 times for each additional can or glass of sugar-

    sweetened drink consumed beyond their usual daily intake of the beverage. Soft

    drinks currently constitute the leading source of added sugars in the diet and exceedthe U.S. Department of Agricultures recommended total sugar consumption for

    adolescents. With the increase in adolescent obesity and the concurrent increase in

    consumption of sugar-sweetened beverages (SSB), the assumption infers a

    relationship between the two variables. Sugar-sweetened beverages, classified as

    highglycemic index (GI) liquids, increase postprandial blood glucose levels and

    decrease insulin sensitivity. Additionally, high-GI drinks submit to a decreased satiety

    level and subsequent overeating. Low-GI beverages (Sugar free or diet beverages)

    stimulate a delayed return of hunger, thereby prompting an increased flexibility in

    amounts and frequencies of servings. Single intervention manipulation, elimination,

    or marked reduction of SSB consumption may serve to decrease caloric intake,

    increase satiety levels, decrease tendencies towards insulin resistance, and simplify

    the process of weight management in this population.

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    CHAPTER 3

    RESEARCH METHODOLOGY

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    RESEARCH METHODOLOGY

    3.1PURPOSE OF THE STUDYThe first step in a marketing research project is to define a problem. Problemdefinition involves stating the general problem and identifying the specific

    components of the research problem. It involves discussion with the decision

    makers, interviews with the industry experts, analysis of secondary data and

    perhaps some qualitative research such as focus groups. Once the research

    problem has been clearly defined, the objective of the research can be set out

    precisely.

    The main objectives of the study are

    1. To know the level of satisfaction with regard to: Price, Taste, Ingredients of the

    product Sugar free DLite.

    2. To knowPerformance against competitors.

    3. To know the level of retailer satisfaction with regard to: Delivery schedule,

    advertisements, complaint resolution.

    4. To know the market response for Zydus wellness products.

    3.2 RESEARCH DESIGN

    To accomplish the predefined objectives of the research, Descriptive Research Design

    is used to collect the require information from the sources. Descriptive Research is a

    part of Quantitative research which is used for frequencies, averages and other

    statistical calculations. Descriptive research is used to conduct a survey

    investigation. Qualitative research often has the aim of description and researchers

    may follow-up with examinations of why the observations exist and what are the

    implications of the findings. The focus is on gaining insights and familiarity for later

    investigation.

    The design was formulated to be a flexible one so that changes can be adaptedin the execution of the research.

    Care was taken to minimize the biasness at every stage since any researchwork made untrue information would turn out to be unreliable or worthless.

    Effort has been taken to collect as many information as possible through thequestionnaire so that elaborate analysis can be carried thereafter.

    http://en.wikipedia.org/wiki/Frequency_(disambiguation)http://en.wikipedia.org/wiki/Averagehttp://en.wikipedia.org/wiki/Qualitative_researchhttp://en.wikipedia.org/wiki/Qualitative_researchhttp://en.wikipedia.org/wiki/Averagehttp://en.wikipedia.org/wiki/Frequency_(disambiguation)
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    The design was closely linked with the objectives set earlier, so that theessence of the information collected and analyzed does not get diluted.

    3.2 SAMPLING TECHNIQUE

    For the purpose of this survey, non-probability sampling technique was employed.

    Non-probability sampling relies on the personal judgement of the researcher rather

    than the chance to select sample elements. The researcher can arbitrarily or

    consciously decide what elements to include in the sample. In non-probability

    sampling technique, Convenience sampling method was used to collect data.The

    samples were selected randomly to ensure unbiased information.

    3.4 SAMPLE SIZEThe Samples for the current study were taken from the Delhi region. The sample

    respondents for the study were 100 Retailers/distributors of Zydus Wellness Ltd. The

    sampling technique was Convenience and the survey technique was Personal

    Interview method.

    3.5 TARGET POPULATION

    As the topic is Retailer satisfaction, the target population consists of

    Retailers/distributors dealing in Zydus Wellness products.

    .

    3.6 SAMPLING INSTRUMENT

    A well structured questionnaire was used as sampling instrument. Questionnaires

    were filled up by conducting a face to face interview with the Retailers/distributors

    network of Zydus Wellness Ltd.

    3.7 RESEARCH QUESTIONS

    There are total 14 questions in the questionnaire. Most of the questions in the

    questionnaire are based on Likerts five point rating scale technique. The satisfaction

    level of the retailers/distributors was measured with the help of this technique. First

    seven questions are specific to the product. Later the questions are specific to the

    competitor and contain various aspects necessary to know retailer satisfaction thereby

    adhere to the relevance of study. The questionnaire was designed keeping in mind the

    target customers and the data required by Zydus Wellness Ltd. for their product.

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    3.8 DATA SOURCE

    Data for the objective was collected through secondary data source and primary data

    sources.

    PRIMARY DATA

    Primary data is that data which is collected for the first time. It is better to go for

    primary data since it is first hand information and there is less chance of personnel

    bias and information can be collected with accuracy at the same time. It could be re-

    tabulated and survey concerned in various forms this data can be used. For collecting

    primary data, I have chosen the personal interview method.

    Data required for the study is collected first hand from:

    Retailers & Distributors network of Company. Two Distributors from New Delhi & One Super Stockist of Zydus Wellness

    Ltd.

    SECONDARY DATA

    Secondary data is not firsthand information. Secondary data are those that have been

    collected by other organizations like government agencies, financial organization,

    newspapers and magazines. It is collected from books, magazines and authenticated

    websites.

    1. Internal sources Company records Company Catalogues2. External sources Internet Newspapers Magazines

    3.9 DATA ANALYSIS

    Various pie-charts and bar graphs are made to have an easy and quick understanding

    of the study conducted. Initially all the questionnaires were analysed individually, &

    then finally an overall comparison of the various responses from all the customers

    was done & analysed.

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    CHAPTER 4

    DATA ANALYSIS AND

    FINDINGS

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    DATA ANALYSIS AND FINDINGS

    In this chapter we will analyse the data collected from the dealer/distributor network

    of the Company and find out the results with the help of different bar graphs and Pie

    charts. With the help of these outcomes we will be able to find our objectives of the

    study.

    Results of Research

    Ques.1) How do you rate the taste of different flavours of Sugar free DLite?

    Results are:

    Flavors VeryGood

    Good Average BelowAverage

    Poor

    Orange 32 36 23 4 5

    Lemon 25 36 30 8 1

    Peach 17 7 11 43 22

    Passionfruit

    7 7 12 23 51

    Apple 19 14 24 22 21

    Part-A

    Figure: 4.1(a): Taste rating for Orange

    Interpretation

    32 Retailers / Distributors have rated Taste of Sugar free DLite Orange as Very good,

    36 Retailers / Distributors have rated its Taste as Good, 23 Retailers / Distributors

    rated its Taste as Average, just 4 Retailers / Distributors have rated its Taste as Below

    average & 5 Retailers / Distributors have rated it to be Poor in taste.

    Very good Good AverageBelow

    averagePoor

    OrangeSeries1 32 36 23 4 5

    05

    10152025303540

    Orange

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    Part-B

    Figure: 4.1(b): Taste rating for Lemon

    Interpretation

    25 Retailers / Distributors have rated Taste of Sugar free DLite Lemon as Very good,

    37 Retailers / Distributors have rated its Taste as Good, 29 Retailers / Distributors

    rated its Taste as Average, whereas 8 Retailers / Distributors have rated its Taste as

    Below average & just 1 Retailers / Distributors have rated it to be Poor in taste.

    Part-C

    Figure: 4.1(c): Taste rating for Peach

    Very good Good AverageBelow

    averagePoor

    Peach

    Series1 17 7 11 43 22

    0

    5

    10

    15

    20

    25

    3035

    40

    45

    50

    Peach

    Very good Good AverageBelow

    averagePoor

    Lemon

    Series1 25 37 29 8 1

    0

    5

    10

    15

    20

    25

    30

    3540

    Lemon

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    Interpretation

    17 Retailers / Distributors have rated Taste of Sugar free DLite Peach as Very good,

    just 7 Retailers / Distributors have rated its Taste as Good, 11 Retailers / Distributors

    rated its Taste as Average, whereas 43 Retailers / Distributors have rated its Taste asBelow average & 22 Retailers / Distributors have rated it to be Poor in taste.

    Part-D

    Figure: 4.1(d): Taste rating for Passion fruit

    Interpretation

    Just 7 Retailers /Distributors have rated Taste of Sugar free DLite Passion fruit as

    Very good, 7 Retailers / Distributors have rated its Taste as Good, 12 Retailers /

    Distributors rated its Taste as Average, whereas 23 Retailers / Distributors have rated

    its Taste as Below average & 51 Retailers / Distributors have rated it to be Poor in

    taste.

    Very good Good AverageBelow

    averagePoor

    Passion peach

    Series1 7 7 12 23 51

    0

    10

    20

    30

    40

    50

    60

    Passion fruit

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    Part-E

    Figure: 4.1(e): Taste rating for Apple

    Interpretation

    19 Retailers / Distributors have rated Taste of Sugar free DLite Apple as Very good,

    14 Retailers / Distributors have rated its Taste as Good, 24 Retailers / Distributors

    rated its Taste as Average, whereas 22 Retailers / Distributors have rated its Taste as

    Below average & 21 Retailers / Distributors have rated it to be Poor in taste.

    Very good Good AverageBelow

    averagePoor

    Apple

    Series1 19 14 24 22 21

    0

    5

    10

    15

    20

    25

    30Apple

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    Part-F

    Results:

    Flavors Orange Lemon Peach Passion fruit Apple

    Poor 5 1 22 51 21

    Figure: 4.1(f): % of Poor for different flavors of Sugar free DLite

    Interpretation

    Maximum 51% of Retailers / Distributors have rated Taste of Sugar free DLite

    Passion fruit as Very poor, 22% Retailers / Distributors have rated Taste of Sugar freeDLite Peach as Very poor, 21% Retailers / Distributors rated Taste of Sugar free

    Apple as Very poor, whereas only 5% Retailers / Distributors have rated Taste of

    Sugar free DLite Orange as Very poor & just 1% Retailers / Distributors have rated

    Sugar free Lemon as Very poor in taste.

    Orange Poor

    5%Lemon Poor

    1%

    Peach Poor

    22%

    Passion fruit

    Poor

    51%

    Apple Poor21%

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    Part-G

    Results:

    Flavors Orange Lemon Peach Passion fruit Apple

    Average 23 30 11 12 24

    Figure: 4.1(g): % of Average for different flavors of Sugar free DLite

    Interpretation

    Maximum 30% of Retailers / Distributors have rated Taste of Sugar free DLite

    Lemon as Average, 24% Retailers / Distributors have rated Taste of Sugar free DLiteApple as Average, 23% Retailers / Distributors rated Taste of Sugar free Orange as

    Average, whereas only 12% Retailers / Distributors have rated Taste of Sugar free

    DLite Passion fruit as Average & just 11% Retailers / Distributors have rated Sugar

    free Peach as Average in taste.

    Orange Average

    23%

    Lemon Average

    30%Peach Average

    11%

    Passion fruit

    Average

    12%

    Apple Average

    24%

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    Part-H

    Results:

    Flavors Orange Lemon Peach Passion fruit Apple

    Very Good 32 25 17 7 19

    Figure: 4.1(h): % of Very good for different flavors of Sugar free DLite

    Interpretation

    Maximum 32% of Retailers / Distributors have rated Taste of Sugar free DLite

    Orange as Very good, 25% Retailers / Distributors have rated Taste of Sugar freeDLite Lemon as Very good, 19% Retailers / Distributors rated Taste of Sugar free

    Apple as Very good, whereas just 17% Retailers / Distributors have rated Taste of

    Sugar free DLite Peach as Very good & only 7% Retailers / Distributors have rated

    Sugar free Passion fruit as Very good in taste.

    Orange Very

    good

    32%

    Lemon Very

    good

    25%

    Peach Very

    good

    17%

    Passion fruit

    Very good

    7%

    Apple Very

    good

    19%

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    Ques.2) What do you think about the quality of Sugar free DLite?

    Results:

    Very Good Good Average Below Average Poor

    20 17 11 32 20

    Figure: 4.2: Rating of Quality of Sugar free DLite

    Interpretation

    20% Retailers / Distributors have rated Quality of Sugar free DLite as Very good,

    17% Retailers / Distributors have rated its Quality as Good, 11% Retailers /

    Distributors rated its Quality as Average, 32% Retailers / Distributors have rated its

    Quality as Below average & 20% Retailers / Distributors have rated it to be Poor in

    Quality.

    Very good

    20%

    Good

    17%

    Average

    11%

    Below average

    32%

    Poor

    20%

    Chart Title

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    Ques.3) How satisfied are you with the ingredients of Sugar free DLite?

    Results:

    Highly satisfied 16

    Satisfied 23

    Average 29

    Dissatisfied 17

    Highly dissatisfied 15

    Figure: 4.3: Satisfaction level with ingredients of Sugar free DLite

    Interpretation

    16% Retailers / Distributors are highly satisfied with the ingredients of Sugar free

    DLite, 23% Retailers / Distributors are satisfied with the ingredients, whereas 29%

    Retailers / Distributors have average satisfaction level with the ingredients, 17%

    Retailers / Distributors are dissatisfied with the ingredients & only 15% Retailers /

    Distributors are highly dissatisfied with the ingredients .

    Highly satisfied

    16%

    Satisfied

    23%

    Average

    29%

    Dissatisfied

    17%

    Highly

    dissatisfied

    15%

    Ingredients

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    Ques.4) Do you like the packaging of Sugar free DLite?

    Results:

    Yes 63

    No 37

    Figure: 4.4: Likeliness of Packaging

    Interpretation

    63% of Retailers/Distributors liked the packaging of Sugar free DLite whereas 37%

    did not liked the packaging.

    Yes

    63%

    No

    37%

    likeliness of packaging

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    Ques.5) How do you rate the packaging of Sugar free DLite?

    Results:

    Verygood

    24

    Good 17

    Average 22

    Belowaverage

    14

    Poor 23

    Figure: 4.5: Rating for Packaging of Sugar free DLite

    Interpretation

    Maximum 24% Retailers / Distributors have rated Packaging of Sugar free DLite as

    Very good, 17% Retailers / Distributors have rated its Packaging as Good, 22%

    Retailers / Distributors rated its Packaging as Average, whereas 14% Retailers /

    Distributors have rated its Packaging as Below average & 23% Retailers / Distributors

    have rated its Packaging to be Poor.

    Very good

    24%

    Good

    17%

    Average

    22%

    Below average

    14%

    Poor

    23%

    Packaging

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    Ques.6) What is the customer perception about the Price of Sugar free DLite?

    Results:

    Reasonable price 14

    Competitive price 11

    High price but justified by quality 22

    High price but not justified by quality 37

    Low price compared to other brands 16

    Figure: 4.6: Customer perception about Price

    Interpretation

    According to 37% Retailers / Distributors Price of Sugar free DLite is high & not

    justified by quality whereas according to 22% of Retailers / Distributors Price is high

    but justified by quality, Price is competitive according to 11% Retailers / Distributors,

    Price is low according to 16% Retailers / Distributors and Price is reasonable

    according to 14% Retailers / Distributors.

    Reasonable

    price

    Competitive

    price

    High price

    but justified

    by quality

    High price

    but not

    justified by

    quality

    Low price

    compared to

    other brands

    Series1

    Series2 14 11 22 37 16

    05

    10152025303540

    Price perception

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    Ques.7) How satisfied are you with Sugar free DLite?

    Results:

    Highlysatisfied

    17

    Satisfied 14

    Average 27

    Dissatisfied 28

    Highlydissatisfied

    14

    Figure: 4.7: Satisfaction level with Sugar free DLite

    Interpretation

    17% Retailers / Distributors are highly satisfied with Sugar free DLite, 14% Retailers

    / Distributors are satisfied Sugar free DLite, whereas 27% Retailers / Distributors

    have average satisfaction level with Sugar free DLite, 28% Retailers / Distributors

    are dissatisfied with Sugar free DLite & only 14% Retailers / Distributors are highly

    dissatisfied Sugar free DLite.

    Highly satisfied

    17%

    Satisfied

    14%

    Average

    27%

    Dissatisfied28%

    Highly

    dissatisfied

    14%

    Satisfaction level

    D'Lite

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    Ques.8) Can Sugar free DLite compete with other Sugar free Soft drinks?

    Results:

    Yes 43

    No 57

    Figure: 4.8: Can compete with other brands

    Interpretation

    43% of Retailers/Distributors feel that Sugar free DLite can compete with other

    Sugar free soft drinks in the market whereas 57% Retailers/Distributors feel that

    Sugar free DLite cannot compete with other Sugar free soft drinks.

    Yes No

    Series1 43 57

    0

    10

    20

    30

    40

    50

    60

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    Ques.9) Is Sugar free DLite a preferred Brand by the customer or you have to push

    it?

    Results:

    Preferred Brand 39

    Pushed by the Retailer 61

    Figure: 4.9: Preferred Brand

    Interpretation

    39% ofRetailers/Distributors feel that Sugar free DLite is a preferred brand by the

    customer whereas 61% Retailers/Distributors feel that Sugar free DLite is pushed by

    them.

    Preferred Brand Pushed by the Retailer

    Series1 39 61

    0

    10

    20

    30

    40

    50

    60

    70

    Preferred Brand

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    Ques.10) Which Brand do you think as the toughest competitor of Sugar free DLite?

    Results:

    Diet Pepsi 26

    Diet coke 38

    Amway sugar free 11

    Pepsi max 25

    Any other 0

    Figure: 4.10: Competitor

    Interpretation

    38% of Retailers / Distributors rated Diet coke as the strongest competitor of Sugar

    free DLite, 26% of Retailers / Distributors rated Diet pepsi as the strongest

    competitor of Sugar free DLite, whereas 25% of Retailers / Distributors rated Pepsi

    max as the strongest competitor of Sugar free DLite & only 11% of Retailers /

    Distributors rated Amway sugar free as the strongest competitor of Sugar free DLite

    Diet pepsi

    26%

    Diet coke

    38%Amway sugar

    free

    11%

    Pepsi max

    25%

    Any other

    0%

    Competitor

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    Ques.11) How satisfied are you with the visits of company personnel?

    Results:

    Highlysatisfied

    33

    Satisfied 15

    Average 27

    Dissatisfied 14

    Highlydissatisfied

    11

    Figure: 4.11: Satisfaction level with visits of company personnel

    Interpretation

    Maximum 33% Retailers / Distributors are highly satisfied with the visits of company

    personnel, 15% Retailers / Distributors are satisfied with the visits of company

    personnel, whereas 27% Retailers / Distributors have average satisfaction level with

    the visits of companypersonnel, just 14% Retailers / Distributors are dissatisfied with

    the visits of company personnel & only 11% Retailers / Distributors are highly

    dissatisfied with the visits of companypersonnel.

    Highly

    satisfiedSatisfied Average Dissatisfied

    Highly

    dissatisfied

    Series1 33 15 27 14 11

    0

    5

    10

    15

    20

    25

    30

    35

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    Ques.12) How do you find the complaint resolution by the company?

    Results:

    Slow 17

    Swift 37

    Satisfactory 26

    Unsatisfactory 20

    Figure: 4.12: Complaint resolution

    Interpretation

    Maximum 37% Retailers / Distributors feel that complaint resolution is swift by the

    company, 27% Retailers / Distributors are satisfied with the complaint resolution by

    the company, whereas 20% Retailers / Distributors are unsatisfied with the complaint

    resolution by the company & only 17% Retailers / Distributors feel that the complaint

    resolution by the company is slow.

    Slow

    17%

    Swift

    37%

    Satisfactory

    26%

    Unsatisfactory

    20%

    Complaint resolution

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    Ques.12A) How do you view the policy of exchange of the damaged products by the

    company?

    Results:

    Slow 28

    Swift 15

    Satisfactory 24

    Unsatisfactory 33

    Figure: 4.12(a): Policy of exchange

    Interpretation

    Maximum 33% Retailers / Distributors are unsatisfied with the policy of exchange of

    damaged products by the company, whereas 28% Retailers / Distributors feel that

    policy of exchange is slow by the company, on contrary 24% Retailers / Distributors

    are satisfied with the policy of exchange by the company & only 15% Retailers /

    Distributors feel that the policy of exchange is swift by the company.

    Slow

    28%

    Swift

    15%Satisfactory

    24%

    Unsatisfactory

    33%

    Policy of exchange

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    Ques.13) How satisfied are you with the advertisement and merchandising of the

    product?

    Results:

    Highly satisfied 20

    Satisfied 10

    Average 22

    Dissatisfied 33

    Highly dissatisfied 15

    Figure: 4.13: Satisfaction level with Advertisement & Merchandising

    Interpretation

    20% Retailers / Distributors are highly satisfied with the advertising & merchandising

    of the Zydus wellness products, 10% Retailers / Distributors are satisfied with the

    advertising & merchandising of the Zydus wellness products, whereas 22% Retailers /

    Distributors have average satisfaction level with the advertising & merchandising of

    the Zydus wellness products, 33% Retailers / Distributors are dissatisfied with the

    advertising & merchandising of the Zydus wellness products & only 15% Retailers /

    Distributors are highly dissatisfied with the advertising & merchandising of the Zydus

    wellness products.

    Highly

    satisfied Satisfied Average DissatisfiedHighly

    dissatisfied

    Series1 20 10 22 33 15

    0

    5

    10

    15

    20

    25

    30

    35

    Advertisement & Merchandising

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    Ques.14) What influences your decision to deal in Zydus wellness Products?

    Results:

    Attributes Low Medium HighAfter Sales Services 35 39 36Promotional Schemes 10 36 54

    Delivery schedule 32 42 26

    Advertisements 29 42 29

    Brand Name 33 38 29

    Part-A

    Figure: 4.14(a): Decision making

    Interpretation

    The most important factor which influences the decision of Retailers/Distributors to

    deal in the products of Zydus wellness is its Promotional schemes as maximum 54

    Retailers/Distributors gave their feedback towards it. Result shows that Delivery

    schedule of the company is not satisfying as only 26 Retailers/Distributors gave their

    feedback towards it.

    Low Medium

    High Low Medium

    High Low Medium

    High

    After sales servicePromotional

    schemesDelivery schedule

    Series1 35 39 36 10 36 54 32 42 26

    0

    10

    20

    30

    40

    50

    60

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    Part-B

    Figure: 4.14(b): Decision making

    Interpretation

    The advertisement and brand name also plays a good role in influencing the decision

    of Retailers/Distributors to deal in Zydus wellness products.

    Low Medium High Low Medium High

    Advertisement Brand nameSeries1 29 42 29 33 38 29

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

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    SUMMARY OF THE FINDINGS

    Major Findings of the Report are:

    Taste of Orange flavour of Sugar free DLite is most liked about 32% rated itvery good whereas passion fruit is least preferred only 7% rated it very good.

    Packaging of Sugar free DLite pet bottle is very good, 63% liked itspackaging whereas 37% didnt liked the packaging of Sugar free DLite Can.

    59% feel that the price of Sugar free DLite is high. Out of this, 37% feel thatthe price is not justified by quality whereas 22% feel that price is justified by

    good quality.

    41% feel that the price is reasonable or competitive. 58% of the target population are satisfied with sugar free DLite (highly

    satisfied to average).

    Diet coke is the strongest competitor of Sugar free DLite with 38%, whereas26% & 25% respectively of target population think that Diet Pepsi and Pepsi

    max are the strongest competitor.

    37% & 26% respectively rated complaint resolution as swift & satisfactory. Retailers are very much satisfied with the visits of company personnel. 75% of

    the retailers are satisfied (highly satisfied to average).

    54% of the target population deal in Zydus Wellness products because of thepromotional schemes they provide to them.

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    SWOT ANALYSIS

    Strength

    The company has goodwill in the market. So the customer trusts on the brandin the name of Cadila.

    It ranks among the top 10 most successful pharmaceutical company in India. The company has full-fledged R&D centre, which was set up in1969 with

    recognition from the department of science and technology, govt. of India. The

    company invests 7% in R&D from their total turnover.

    It has many subsidiaries and has merged with many foreign companies. Sothat R&D programme can be developed and to capture new market.

    The company has the potentiality to export its products in abroad. It is the first company that had launched low calorie based sugar free product

    for the diabetic and health conscious people and it stands first position in the

    overall sugar free products in Indian market.

    Promotional schemes of the company are good and effective.

    Weakness

    There is low target population who want to consume low calorie healthy drink. The price of sugar free DLite is higher than the other diet soft drinks so the

    customers want to consume other brands with low cost.

    There is less awareness among the people about sugar free products. Packaging of sugar free DLite (Can packing) is of lower quality. The distribution channel is also not up to the mark and the delivery of the

    products is also delayed.

    Policy of exchange of damaged goods is not satisfying.

    Opportunities

    This company has the potential to include its name among the top F.M.C.Gcompanies.

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    The Ever Yuth cosmetic product has brought future for the company. It hasgood demand all over the market.

    Companys brand extension strategy is a very good decision to survive incompetitive market.

    The brand name of the company would help to promote their other productalso.

    Threats

    The company should improve its distribution channel because in long term itcan affect the image as well as sales of the company.

    Since this is an era of globalization, so many M.N.Cs and national companiesare posing lots of challenges and competition to the company.

    Threats from old and newly launched diet products of Pepsi and Coca cola. Lastly threat from the traditional perception of the customers itself about the

    sugar free products.

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    CHAPTER 5

    CONCLUSIONS

    AND

    RECOMMENDATIONS

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    CONCLUSIONS

    Objective wise conclusion:

    1. To know the level of satisfaction with regard to: Price, Taste, Ingredientsof the product Sugar free DLite.

    As we come to know throught the study that taste of orange flavour ofSugarfree Dlite is most liked by the customers whereas lemon is also

    preferred by the customers.(Figure 4.1-a, b & h)

    Apple and peach flavour of Sugarfree Dlite are also preferred by thecustomers(Figre 4.1-c, e & f)

    Taste of Passion fruit was not liked by the customers.(Figure 4.1-d & f) Some of the customers are really satisfied with the high pricing of sugarfree

    dlite as it is justified by the quality.

    The packaging of Sugarfree Dlite was liked by 63% of the sample population,rest 37% did not liked the packaging.( Figure 4.4 & 4.5)

    Material used in Can of Sugarfree Dlite was not liked by the customers as itleads to a lot of breakage.

    2. To know Performance against competitors. Diet coke is the toughest competitor of sugarfree dlite.( Figure 4.10) The customer perception about the pricing of Sugarfree Dlite is that it is

    higher than the other competitors in the market.( Figure 4.6)

    3. To know the level of retailer satisfaction with regard to: Deliveryschedule, advertisements, complaint resolution.

    Complaint resolution by the company is good as the result states that mostthe target population was satisfied by the complaint resolution.( Figure

    4.12)

    Majority of the target population was not satisfied by the exchange policyof the damaged products by the company since the exchange of products

    was slow.( Figure 4.12-a)

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    Company personnel are visiting the retailers on regular basis & aresatisfied with there visits.( Figure 4.11)

    Advertisements & merchandising are liked by the target population.( Figure 4.13)

    Unique selling proposition of Zydus Wellness products are thepromotional schemes by the company & after sales service.( Figure 4.14-a)

    The delivery schedule of the Zydus Wellness is not up to the mark.( Figure 4.14-a)

    4. To know the market response for Zydus wellness products. Quality of Sugarfree Dlite was average as the results of the study showed

    that 48% of target sample population was in favor of very good, good &

    average whereas rest 52% in favor of below average & poor.( Figure 4.2)

    Sugarfree dlite is generally pushed by the retailer as the population doesnot show more interest in sugarfree dlite. (Figure 4.9)

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    RECOMMENDATIONS

    According to various information data collected regarding sugarfree dlite & retailer

    satisfaction, it can be inferred that policies should be change with the present trends.

    As competition is very intense, so the organisation should keep alert so as to avail

    every opportunity and advantage & should devise strategies so as to keep it self away

    from various loopholes.

    Quality of sugar free D'Lite is good but the company can improve it more. Packaging of sugar free DLite pet bottle is good but the packaging material

    used in Can of sugar free DLite needs improvement since it leads to breakage.

    Company should lay down more focus on Retailer satisfaction because it willhelp in building up good relations which will help the company in long term.

    The company should pay more emphasis on passion fruit flavor of sugarfreedlite since it is least favourate among the target population.

    Try to maintain the sweetness of the drink, so that it becomes perfect. The company has problem with the delivery schedule in some south delhi

    markets so company should focus on the distribution channel & should choose

    distributor wisely because their workings hampers companys image.

    Company should focus more on advertisements and promotional activities inmalls to expand its business because consumer awareness is very necessary.

    The price of sugarfree dlite is high as compared to other diet soft drinks socompany should decrease its price to compete with other diet soft drinks.

    Try to innovate such drinks which can be consumed by maximum number ofconsumer. Then this company will be more successful

    Dont limit your customer by targeting people of higher society and healthconscious people.

    Complaint resolution by the company is quite good but the problem persists inthe exchange policy of the damaged products, the company should make

    exchange of products swift.

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    CHAPTER -6

    LIMITATIONS

    AND

    FUTURE SCOPE

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    CHAPTER -6 LIMITATIONS AND FUTURE SCOPES

    .

    6.1 Limitations of the study

    Limitations of the projects are to know the behaviour of the customers, market

    segmentation, product, and pricing policy and the attitude, feeling and reaction ofthe

    consumer towards the products.

    The project did not cover the whole market of Delhi. Only the South Delhimarket was studied, which may not be enough to show correct picture.

    The sample size selected was small as compared to the total populationbecause of the constraints of time and resources.

    Dealers were biased and unsupportive to the study Respondents were mainly semi-skilled or unskilled so making them

    understand the questions in local language was not easy.

    The project did not cover the whole market of foam industry. Only a smallpopulation was studied, which may not be enough to show correct picture.

    The consumers were very reluctant to answer the question and the responsemay be biased.

    The study is made on the responses to the questionnaire framed. Although utmost care was taken by the researcher to extract data, at times the

    same may have limitations owing to time constraints of the respondents.

    Some dealers were not much interested in giving feedbacks actually but theywere giving answers to the questions indirectly not thru questionnaire but

    through a Formal Communication.

    Time factor was a great hindrance in the completion of my research report. Iwas working as a management trainee in Zydus Wellness Ltd. and this on the

    job training gave me little time to do my project report.

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    IMPLICATIONS FOR PRACTICE

    The main implication faced in data collection, as it is very difficult to get thetrue opinion about the taste of sugar free products since the people have

    traditional notion in their mind about the sugar free products that they taste

    less sweeter than the normal drinks.

    Quality of Sugar free DLite is good but it can be improved more to meet thecompetitions in the market.

    Distributors play an important role for the Company to increase its sales & italso showcases the image of the company so the company should choose their

    Distributors wisely.

    FUTURE IMPLICATIONS

    The study was conducted to know the Retailer satisfaction of Zydus wellnessProducts in South Delhi market as it does not covered the whole market in

    Delhi, only a part of it was studied as sample population which may not be

    enough to show the correct picture, So in future whole Delhi market could be

    studied to find out better results.

    Different techniques should be used to find out the conclusions or analysis. As we find out that some of the Retailers/Distributors were not interested in

    giving their feedback so the different method should be followed to research

    on this project.

    Different market should be targeted to know the objectives of the study.

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    DISCUSSION OF RESEARCH QUESTION

    This research was conducted mainly to know the Retailer satisfaction for Zyduswellness Products in the South Delhi market. This was the main objective of the study

    also.The research was conducted in Delhi region because there was no such study was

    conducted in this region before this. There were many researches conducted, but there

    was not such research conducted before this research.

    The research questions were designed as per the companys requirements. And the

    details of the Dealer/distributors are also included in the questionnaire such that these

    details can later be used as the customer database by the company to contact these

    dealers. There are total 14 questions, which help to find the unique selling proposition

    (USP) of the Zydus Wellness Products & also help to judge the level of satisfaction of

    retailer/dealer the research questions also help to know the position of the competitors

    in this category and requirements of the customers. These research questions include

    all the questions regarding quality, packaging & pricing of the products. The

    questionnaire is designed in such a way that data collection can be done through Face

    to face interaction and by directly visiting them. All the questions were fully filledaccording to the genuine information of the Retailers/distributors of the Company.

    All the objectives of the study were identified through this study. The main objectives

    of the study were

    To know the level of satisfaction with regard to: Price, Taste, Ingredients ofthe product Sugar free DLite.

    To knowPerformance against competitors. To know the level of retailer satisfaction with regard to: Delivery schedule,

    advertisements, complaint resolution.

    To know the market response for Zydus wellness products.

    All the conclusions of the study were made on the basis of these objectives.

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    REFERENCES

    Books:

    Kotler Philip, Marketing Management,11th Edition, 2005, Prentice Hall ofIndia Pvt. Ltd. New Delhi.

    Saxena Rajan, Marketing Management 4th Edition, 2009, Tata McGraw-HillPublication Co. Ltd. New Delhi.

    Kothari C. R. Research Methodology 2nd Edition, 2004, Vishwa publication,Delhi.

    Verma. H.V. 2nd Edition, 2006, Marketing Research. Global Business Press,Delhi.

    Nargundkar, R. (2010). Marketing Research . New Delhi: The McGraw -HillCompanies.

    Malhotra Naresh K., Marketing Research 5th Edition. Vyas, Preeta H. Vikalpa, The Journal for Decision Makers, Jan-Mar 2011,

    Vol. 36 Issue 1, p89-102, 14p

    Mogelonsky, Marcia. Prepared Foods, Jan 2008, Vol. 177 Issue 1, p13-22, 6p Harrington, Susan.The Journal of School Nursing, February 2008; vol. 24, 1:

    pp. 3-12.

    Websites:

    www.zyduscadila.com

    www.zyduswellness.in

    www.everyuth.com

    http://www.zyduscadila.com/http://www.zyduscadila.com/http://www.zyduswellness.in/http://www.zyduswellness.in/http://www.everyuth.com/http://www.everyuth.com/http://www.everyuth.com/http://www.zyduswellness.in/http://www.zyduscadila.com/
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    ANNEXURE-1

    SURVEY OF RETAILERSSUGAR FREE DLITE

    1) How do you rate the taste of different flavors of Sugar free DLite?Flavors Very

    GoodGood Average Below

    AveragePoor

    Orange

    Lemon

    PeachPassionfruit

    Apple

    2) What do you think about the quality of Sugar free DLite?a) Very Goodb) Goodc) Averaged) Below Averagee) Poor

    3) How satisfied are you with the ingredients of Sugar free DLite?a) Highly satisfiedb) Satisfiedc) Averaged) Dissatisfiede) Highly dissatisfied

    4) Do you like the packaging of Sugar free DLite? Yes /NoIf No (Please specify reason) ________________________________

    5) How do you rate the packaging of Sugar free DLite? a) Very Goodb) Goodc) Averaged) Below Averagee) Poor

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    6) What is the customer perception about the Price of Sugar free DLite? a) Reasonable Priceb) Competitive Pricec) Price is high but justified by good Qualityd) Price is high but not justified by good Qualitye) Low Price as compared to other Brands

    7) How satisfied are you with Sugar free DLite?a) Highly satisfiedb) Satisfiedc) Averaged) Dissatisfiede) Highly dissatisfied

    8) Can Sugar free DLite compete with other Sugar free Soft drinks? Yes /No9) Is Sugar free DLite a preferred Brand by the customer or you have to push it?

    a) Preferred Brandb) Pushed by the Retailer

    10)Which Brand do you think as the toughest competitor of Sugar free DLite?a) Diet Pepsib) Diet Cokec) Amway Sugar freed) Pepsi Maxe) Any Other (Please Specify) ___________________

    11)How satisfied are you with the visits of company personnel?a) Highly satisfiedb) Satisfiedc) Averaged) Dissatisfiede) Highly dissatisfied

    12)How do you find the complaint resolution by the company?a) Slowb) Swiftc) Satisfactoryd) Unsatisfactory

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    12A) How do you view the policy of exchange of the damaged products by the

    company?

    a) Slowb) Swiftc)

    Satisfactoryd) Unsatisfactory

    13)How satisfied are you with the advertisement and merchandising of theproduct?

    a) Highly satisfiedb) Satisfiedc) Averaged) Dissatisfiede) Highly dissatisfied

    14)What influences your decision to deal in Zydus wellness Products?Attributes Low Medium HighAfter Sales Services

    Promotional Schemes

    Delivery schedule

    Advertisements

    Brand Name

    Personal Details:Name of the Distributor/Retailer: _______________________________________

    Address: __________________________________________________________

    Tel. No. ___________________________________________________________

    E-mail: ____________________________________________________________

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    ANNEXURE-2

    RETAILERS DATA

    1. Kohli milk point, East of kailash2. Ganesh store, Amar colony3. Pino's pasta, Dlf Saket4. Hyderabadi cuisine, Dlf Saket5. Ahuja pastry corner, Srinivaspuri6. Bhagatram omprakash store, Krishna market7. V.P store, Nizammudin West8. Kobe sizzler, Dlf Saket9. New c.n.b namkeen, Krishna market10.Shahid superstore, Batla house11.

    New morning store, Jangpura12.Royal store, Khanna market

    13.Shiv store, Defence colony14.Our daily needs, Kalindi kunj15.Daily need dep. Store, South Ext.-216.Subhash store, Jangpura17.Bobby store & bakery, Meherchand market18.Honey money top, New friends colony19.Sethi store, Sarita vihar20.Gujral bros, Meherchand market21.Spice street food, Dlf Saket22.Amandeep store, New friends colony23.Anand store, Khan market24.Arora pastry shop, Srinivaspuri25.The taste, Defence colony26.New baba bakery, Khanna market27.Shri ramchander gen. store, Kotla28.Pal store, New friends colony29.Home shoppee, Amar colony30.Ring road service station, South Extention-131.Swastik store, Khanna market32.Khushal store, Nizammudin West33.Superstore, Srinivaspuri34.Vig store, Meherchand market35.Simla fruit mart, Khan market36.Prakash store, Khanna market37.C.N.B namkeen, Krishna market38.Rajkumar pan, Saket P.V.R39.Mahajan dep. Store, Sarita vihar40.Vinko dairy, Amar colony41.Bhatia store, Jangpura42.A-one store, Meherchand market43.

    Narang store, East of kailash44.Cake & bake, Defence colony

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    45.Nfc superstore, New friends colony46.Nikky traders, Nehru place47.Sheetal gen. store, Nehru place48.Shyam provision store, Sant nagar49.Hemkunt store, Sant nagar50.Mohan store, Amar colony51.Bhawani shankar & sons, New friends colony52.Sagar ratna, Malviya nagar53.Kandy's pastry shop, Kalkaji54.New garden fresh, Taimoor nagar55.Sham-e-awadh, Defence colony56.Saluja distributor, Kalkaji57.Vishal fruit juice, Bhogal58.Home care supermarket, Zakir nagar59.Shahid supermkt, Jamia nagar60.La fiesta, Sarita vihar61.Money top, New friends colony62.Marksuper store, Batla house63.Drinks corner, Zakir nagar64.Naagar fast food, Sant nagar65.Shiv dept. & prov. Store, Kotla66.Zayaka sweets & snacks, Kalkaji67.Le marche, Khan market68.Nahal dairy, Zakir nagar69.Neeti enterprises, Karol bagh70.Home bazaar, South Extension-171.

    Sai water & deepa enterprises, Kalkaji72.Krishna enterprises, Ashram

    73.The garden fresh, New friends colony74.Habitat world, Lodhi road75.A.k dept. store, Govindpuri76.Sunrise store, Khan market77.Lily gen. store, New friends colony78.Goel trader, Govindpuri79.Jack & Jill, Lajpat nagar80.Namita enterprises, Bhogal81.Baxi gen. store, Sarita vihar82.Maheshwari fruit corner, Kalkaji83.Annpurna namkeen, Kalkaji84.Archana med. Store, Nehru place85.Jaya enterprises, Kalkaji86.Khandelwal traders, Govindpuri87.Unique pastry shop, Lajpat nagar-288.Bhapay-di-hatti, Lajpat nagar-189.Gopal icecream, Govindpuri90.Garg trading co., Kalkaji91.Aggarwal enterprises, Kalkaji92.Balaji sales, Jangpura93.Juneja conf. & bakers, Amar colony94.Pahwa store, Lajpat nagar-4

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    95.Ramesh store, Defence colony96.S.S drinks, Tara apartments97.Home base marketing, Kalindi kunj98.Angel's basket, Lajpat nagar-299.Angel's pastry shop, Amar colony100.Sidhi vinayak store, Jangpura