Regional College: of Professional Studies & Research
Regional College: of Professional Studies & Research
B.Com.(H) II Year
2017-18
REGIONAL COLLEGE
OF PROFESSIONAL STUDIES & RESEARCH
Affiliated to MJP Rohilkhand University, Bareilly
PROJECT ON
(TITLE OF PROJECT)
2016-2017
SUBMITTED BY:
TUSHAR SHARMA
REGIONAL COLLEGE
OF PROFESSIONAL STUDIES & RESEARCH
Affiliated to MJP Rohilkhand University, Bareilly
Pilibhit Bypass, BAREILLY (UP)
CERTIFICATE
THIS IS TO CERTIFY THAT THE PROJECT TITLED
Tushar Sharma
AS PER REQUIREMENT OF CURRICULUM OF B.COM. (HONOURS)- II Year.
THIS WORK IS AS PER GUIDELINES LAID OUT FOR THE SAME AND IS WORTHY OF APPROVAL.
REGIONAL COLLEGE
OF PROFESSIONAL STUDIES & RESEARCH
Affiliated to MJP Rohilkhand University, Bareilly
ACKNOWLEDGEMENT
I AM EXTREMELY THANKFUL TO ALL THOSE WHO HAVE HELPED ME IN COMPLETION OF MY
PROJECT TITLED
Tushar Sharma
B.Com. (Hons)
II Year
Tushar Sharma
B.Com.(H) II Year
2017-18
CHAPTER 1
RESEARCH METHODOLOGY
Tushar Sharma
B.Com.(H) II Year
2017-18
RESEARCH METHODOLOGY
Research method is an academic activity and as such as the term should be used in a technical
sense. This research comprises of defining and redefining problem, formulating hypothesis or
suggested solution; collecting; organizing and evaluating data; making deduction and reaching
conclusion; and at last carefully testing the conclusion to determine they fit the formulating
hypothesis. By this way proper methodology is an essential step in conducting research study.
In recent years, the word methodology has become a "pretentious substitute for the
word method". Many recent uses of the word methodology mistakenly treat it a synonym
for method or body of methods. Doing this shifts it away from its true meaning and reduces it
to being the procedure itself, the set of tools or the instruments that should have been its
outcome. A methodology is the design process for carrying out research or the development
of a procedure and is not in itself an instrument for doing those things. Using it as a synonym
for method or set of methods, leads to misinterpretation and undermines the proper analysis
that should go into designing research. Generally for any research study both primary and
secondary research are done which facilitates in the better understanding of the entire study.
Primary research helps garner relevant and adequate data of the current state of affairs
pertaining to any subject and provides an insight into the exact nature of the problem. Owing
to the broad and complex nature of this research topic which would require delving into many
aspects of the study including an ethnographic study which would in turn include a
Tushar Sharma
B.Com.(H) II Year
2017-18
longitudinal time horizon which cannot bepossibly encompassed within this research as it
goes
Tushar Sharma
B.Com.(H) II Year
2017-18
CHAPTER 2
INTRODUCTION
Tushar Sharma
B.Com.(H) II Year
2017-18
INTRODUCTION
Driven by the spirit of entrepreneurship, two enterprising Scotsmen Stephen George Balmer and
Alexander Lawrie sowed the seeds of this company at Kolkata on 1st February, 1867. History goes…a
coin was tossed…Balmer won…Balmer’s name preceded in the Firm incorporated and thus was born
Balmer Lawrie.
There was hardly any business where Balmer Lawrie did not delve into in its formative years, whether
it was from Tea to Shipping, Insurance to Banking or Trading to Manufacturing. The company has left
Today, Balmer Lawrie is a Mini-Ratna-I Public Sector Enterprise, under the Ministry of Petroleum &
Natural Gas of India. It has six Strategic Business Units – Industrial Packaging, Greases & Lubricants,
Leather Chemicals, Travel & Vacations, Logistics and Refinery & Oil Field Services, with offices spread
across the country and abroad. Balmer Lawrie has grown enormously in the last 150 years and has
become the market leader in Steel Barrels, Industrial Greases & Specialty Lubricants, Corporate Travel
and Logistics Services. It has very well responded to the demands of an ever changing environment
and has taken full advantage of every opportunity to innovate. Balmer Lawrie also grew inorganically
& Co. Ltd. started its corporate journey as a Partnership Firm on 1st February 1867. Traversing the 151
years gone by, today Balmer Lawrie is a Miniratna - I Public Sector Enterprise under the Ministry of
Petroleum and Natural Gas, Govt. of India, with a turnover of Rs. 1901 crores and a profit of Rs. 254
crores. Along with its five Joint Ventures and two subsidiaries in India and abroad, today it is a much-
respected transnational diversified conglomerate with presence in both manufacturing and service
sectors. Balmer Lawrie is a market leader in Steel Barrels, Industrial Greases & Specialty Lubricants,
Corporate Travel and Logistics Services. It also has significant presence in most other businesses, it
operates, viz, Leather Chemicals, Logistics Infrastructure etc. In its 150 years of existence, Balmer
Lawrie has been successfully responding to the demands of an ever changing environment, leveraging
CHAPTER 3
ORGANIZATION STRUCTURE
Tushar Sharma
B.Com.(H) II Year
2017-18
ORGANIZATION STRUCTURE
Key
F
Sr. Designati Execut Pho Ema
a
No. on ive ne il
x
Name
bhav
sar.k
Kavita 033- @ba
Company
1 Bhavsa 2222 lmerl
Secretary
r 5451 awri
e.co
m
das.
san
dip
Sr. Vice 033- @b
Sandip
2 President 22225 alm
Das
[Finance] 515 erla
wrie
.co
m
Key
F
Sr. Designati Execut Pho Ema
a
No. on ive ne il
x
Name
0
3
3
gang
-
uly.
2
mk
Manas 033- 2
COO @ba
4 Gangul 2222 2
[Logistics] lmerl
y 5625 2
awri
e.co
5
m
7
2
7
Tushar Sharma
B.Com.(H) II Year
2017-18
Key
F
Sr. Designati Execut Pho Ema
a
No. on ive ne il
x
Name
0
3
3 agar
Chief - wal.
Informatio 2 abhi
Abhish
n Officer - 033- 2 shek
ek
5 Informatio 2222 2 @ba
Agarw
n 5208 2 lmerl
al
Technolog awri
y 5 e.co
2 m
5
3
0 utha
4 yaraj
COO
RM 044- 4 a.rm
[Leather
6 Uthaya 2594 - @ba
Chemicals
raja 1547 2 lmerl
]
5 awri
9 e.co
Tushar Sharma
B.Com.(H) II Year
2017-18
Key
F
Sr. Designati Execut Pho Ema
a
No. on ive ne il
x
Name
4 m
5
0
0
6
ravis
hank
ar@
COO 022-
Ravish vaca
7 [Travel & 6198
ankar tions
Vacations] 3385
exoti
ca.c
om
0 adik
Sr. Vice A 033- 3 a.rs
8 President Ratna 2222 3 @ba
[HR] Sekhar 5422 - lmerl
2 awri
Tushar Sharma
B.Com.(H) II Year
2017-18
Key
F
Sr. Designati Execut Pho Ema
a
No. on ive ne il
x
Name
2 e.co
2 m
2
5
5
0
0
0
3
3 lakh
Executive
- anpa
Director
2 l.m
[New Manoj 033-
2 @ba
9 Initiative Lakhan 2222
2 lmerl
and pal 5515
2 awri
Programm
e.co
e Delivery]
5 m
2
9
Tushar Sharma
B.Com.(H) II Year
2017-18
Key
F
Sr. Designati Execut Pho Ema
a
No. on ive ne il
x
Name
0
3
3
khun
-
tia.s
Shyam 2
Director 033- s@b
Sundar 2
10 [Finance] 2222 alme
Khunti 2
& CFO 5601 rlawr
a 2
ie.co
5
m
7
2
6
0 swa
Director 3 mina
K. 033-
[Service 3 than.
11 Swami 2222
Businesse - k@b
nathan 5481
s] 2 alme
2 rlawr
Tushar Sharma
B.Com.(H) II Year
2017-18
Key
F
Sr. Designati Execut Pho Ema
a
No. on ive ne il
x
Name
2 ie.co
2 m
5
7
2
7
0
3
3
- selv
Director 2 am.d
[Manufact 033- 2 s@b
D Sothi
12 uring 2222 2 alme
Selvam
Businesse 5321 2 rlawr
s] ie.co
5 m
7
2
6
Tushar Sharma
B.Com.(H) II Year
2017-18
Key
F
Sr. Designati Execut Pho Ema
a
No. on ive ne il
x
Name
0
3
3
-
basu
2
Chairman .p@
033- 2
& Prabal balm
13 2222 2
Managing Basu erla
5305 2
Director wrie.
com
5
5
0
0
Tushar Sharma
B.Com.(H) II Year
2017-18
CHAPTER 4
PRODUCT RANGE
Tushar Sharma
B.Com.(H) II Year
2017-18
PRODUCT RANGE
COMPOSITE DRUMS
Like a coconut, this composite drum has a double shell. The inner is a blow molded plastic container
made from high-density polyethylene to suit your requirements and this is surrounded by a strong
outer shell of steel providing unrivalled protection. The plastic lining is perfect for liquids that are
t, the composite drum is plastic container wrapped in steel. This is ideally suited for most liquids, no
The composite drum is sealed using 50mm buttress threaded plastic plugs, which are tightened into
pre-threaded plastic necks of the drums. For additional security, cap-seal can be fitted.
Drums are manufactured from the highest quality CRCA steel at the most modern plants.
Drums are subject to Helium Leak Detection to ensure they are 100% leak proof.
Special high quality paints are used for a good quality finish for the drums. High quality
A drain plug provided at the bottom (optional) helps to provide enhanced safety
Inclusive transportation for minimum 200 nos. with continuous track of supply.
Balmer Lawrie procures all the raw materials including steel, seaming compounds, closure and
Drums are wrapped with corrugated paper/stretch wrap/bubble wrap to avoid transit damage.
Tushar Sharma
B.Com.(H) II Year
2017-18
CONICAL DRUMS
Conical drums are specially developed to satisfy requirements of Food/ Fruits industry. Manufactured
from cold rolled closed annealed steel (CRCA), these drums acquire shape through expansion (Plastic
Deformation of Metal). This neatly improves the strength of the drum and its mechanical
characteristics.
Conical drums are internally coated and externally painted and are available in 210 ltrs, Suitable for
Due to its structure and dimensions, a conical drum allows exceptional efficiency during
transportation and storage. Overall external diameter of the drum makes it possible to store 4 drums
in line that suits stuffing of 80 drums in a 20 ft. shipping container. It is also possible to transport up to
1368 empty drums in a 40 ft. Container. Once filled, drums can be stacked 3 to 4 high with the pallets.
Drums are manufactured from the highest quality CRCA steel at the most modern plants.
Balmer Lawrie procures all the raw materials including steel, seaming compounds, closures
Reduces cost of transportation and storage due to conical shape, allowing them to nest in.
Reduced cost of returning the drums by end users since the drums can be nested.
Epoxy phenolic inside lining/ food grade internally painted, in accordance with FDA standards.
Special high quality paints are used for a good quality finish for the drums. High quality
Drums are wrapped with corrugated paper/stretch wrap/bubble wrap to avoid transit damage.
Non-toxic polish added to the paint, specially recommended by tomato paste packaged in
aseptic bags.
Galvanized metallic ring with adjustable lever and security seal to improve the quality.
Tushar Sharma
B.Com.(H) II Year
2017-18
RECOMMEND TO STORE
Agricultural products
Aseptic bag packaging of tomato paste, mango pulp and all other variants of food pulp
Tushar Sharma
B.Com.(H) II Year
2017-18
GALVANIZED DRUMS
Galvanized drums are used for the storage of extremely hazardous chemicals / strong solvents /
fragrances etc. It is manufactured from Galvanized sheets. We can provide drums with UN
Lacquered drums are coated internally with epoxy lacquer and are used for the packaging of food,
pharmaceuticals, agrochemicals, pesticides, and fine chemicals where purity of the product is of
paramount importance. These drums are used when there are possibilities of the product reacting
with steel or purity is of utmost importance. The internal coat prevents any reaction whatsoever.
We offer lacquer lined drums duly coated with pigmented lacquer, buff, clear phenolic epoxy lacquer
We offer tight head/open head lacquer drums right from 1.00mm thickness to 1.63 mm thickness.
They are also available on combination of various steel thickness. We also meet specific requirements
Necked-in drums are specially designed for exports in a shipping container. This innovative design is
globally accepted. This packaging allows easy filling and removal of contents. For this, top lid shall be
secured to the barrels by a G.I. locking ring and clamped with the help of 100mm long G.I.Bolt & Nut
and / or Clamp type G.I. Ring. G.I. locking shall be fabricated from 1.25mm to 1.6mm thick steel.
We offer Necked-in Drums right from 0.80mm thickness to 1.25mm thickness. They are also available
Drums are manufactured from the highest quality CRCA steel at the most modern plants.
Special high quality paints are used for a good quality finish for the drums. High quality
Drums meet Indian and international shipping specifications. 80 necked in drums can fit in a
Drums are wrapped with corrugated paper/stretch wrap/bubble wrap to avoid transit damage.
Open head drums are used for storing high-density liquids. This packaging allows easy filling and
removal of contents. For OH top lid shall be secured to the barrels by a G.I. locking ring and clamped
with the help of 100mm long G.I.Bolt & Nut and / or Clamp type G.I. Ring. G.I. locking shall be
We offer Open Head Drums right from 0.80mm thickness to 1.25mm thickness. They are also available
Drums are manufactured from the highest quality CRCA steel at the most modern plants.
Special high quality paints are used for a good quality finish for the drums. High quality
Inclusive transportation for minimum 200 nos. with continuous track of supply.
Balmer Lawrie procures all the raw materials including steel, seaming compounds, closures
Drums are wrapped with corrugated paper/stretch wrap/bubble wrap to avoid transit damage.
Tall drums are 235/250 Liter capacity drums, which can be manufactured as Tight head drums or
Open head drums. These drums are used when you wish to get more advantage from the
conventional MS drum.
We offer Tall drums right from 0.80mm thickness to 1.25mm thickness. They are also available on
Drums are manufactured from the highest quality CRCA steel at the most modern plants.
Drums are subjected to Helium Leak Detection to ensure they are100% leak proof.
The additional height allows to fill more product and gain a cost advantage as well as logistical
convenience.
Special high quality paints are used for a good quality finish for the drums. High quality
Balmer Lawrie procures all the raw materials including steel, seaming compounds, closure and
Drums are wrapped with corrugated paper/stretch wrap/bubble wrap to avoid transit damage.
Tushar Sharma
B.Com.(H) II Year
2017-18
TIGHT HEAD PLAIN DRUMS
These drums have fixed top and bottom with two closures of 2” and ¾”. Body is electrical resistance
welded and ends are double /triple seamed as per customer requirements. They are usually used for
We offer Tight Head Drums right from 0.80mm thickness to 1.63mm thickness. They are also available
Drums are subjected to Helium Leak Detection to ensure they are100% leak proof.
Special high quality paints are used for a good quality finish for the drums. High quality
Inclusive transportation for minimum 200 nos. with continuous track of supply.
Balmer Lawrie procures all the raw materials including steel, seaming compounds, closure and
Drums are wrapped with corrugated paper/stretch wrap/bubble wrap to avoid transit damage.
Tushar Sharma
B.Com.(H) II Year
2017-18
CHAPTER 5
PLANT LOCATION
Tushar Sharma
B.Com.(H) II Year
2017-18
PLANT LOCATION
CIN- L15492WB1924GOI004835
sen.k@balmerlawrie.com
CHAPTER 7
MARKETING STRATEGIES
Tushar Sharma
B.Com.(H) II Year
2017-18
MARKETING STRATEGIES
Balmer Lawrie has been in existence since 1867 and has evolved overtime, establishing
several milestones in the Corporate annals of the country. It was the first PSE to go global, by setting
up manufacturing facilities outside India. It was the first to subscribe to Commercial Paper and is
BL offers career opportunities, to deserving aspirants, practically at all points in their career lifecycle.
In BL, induction of external talent is considered as a critical management practice that facilitates
organisational renewal. Induction of talent at all levels is a merit based practice, and excepting for
selection of fresher(s) carried out through campus recruitments, all lateral inductions are initiated
through advertisements in National Dailies of repute and on our website. Prospective candidates
interested in exploring opportunities in BL should therefore regularly track BL website under Careers.
Career Opportunities
Generally, recruitment in the Executive Cadre is done by inducting professionals at three levels in the
Company.
Tushar Sharma
B.Com.(H) II Year
2017-18
Level 1
At the entry level to the Executive Cadre Management Graduates and Engineering Graduates are
inducted as executive Trainees and Graduate Engineers. For this purpose, BL visits select campuses,
viz. IITs, NITs, IIMs, and other premier Institutes of national repute. On completion of 1 year of
Additionally, BL also recruits professionals laterally as Deputy Managers / Managers with relevant
industry experience into first-line manager roles, in functions like Marketing, Production, Supply
Level 2
BL inducts professionals with specific domain expertise into its middle management level. The
requirement for applying for such roles is professional qualification with minimum 7 years of relevant
post qualification experience. Talent induction at this level is directed to address the emergent special
Tushar Sharma
B.Com.(H) II Year
2017-18
skill requirement of the Company and to build a leadership pool to support growth needs of the
Company.
Level 3
Induction of talent in the Senior Management level in BL is carried out as part of its strategic initiative
relevant post qualification experience and with leadership potential are inducted as Associate Vice
President or Vice President in the Company. Incumbent at these levels hold leadership roles in critical
functional areas.
Level 4
All major businesses of the Company and all Functional Heads of shared services such as A&F, IT etc.
are manned at the Top Management level. Though direct induction at this level is far and few,
Career In BL
Exposure and Experience. BL inducts talent at all levels, and prefers to grow leaders from within.
Tushar Sharma
B.Com.(H) II Year
2017-18
Accordingly, the recruitment policy of the Company is aligned with its Talent Management Policy.
Under the talent management policy the Company maintains a dynamic roster of Executives with
potential for being 'fast-tracked'. All vacancies irrespective of the level (Junior/ Middle/ Senior/Top) is
internally circulated. Executives identified as fast-trackers are provided opportunity to apply against
openings to Grades higher; thereby, providing 'Jump-Level' career progression opportunity to those
who deserve. BL is committed to providing best possible career progression to the professionals who
care to continue with the Company and dare to chase the limits of her/ his competence.
Further the Executive Career Management practice of BL is rooted in the BL Leadership Competency
Framework. At BL, the belief is that every individual can scale the 'heights of excellence' provided
The above stated needs remain true irrespective of the position an individual holds in the hierarchy,
of course the tenor varies with span of control and the complexity of environment. Hence the learning
process operates over the continuum Instructional to Experiential. As an Executive moves up the
Tushar Sharma
B.Com.(H) II Year
2017-18
hierarchy, the developmental inputs get more personalised and experiential, delivered through
At each threshold level (JM to MM and then MM to SM) in an individual's career, BL deploys the 4D
Career decisions in BL are strictly linked to its robust Performance Management System, where every
Executive's performance is evaluated under a KPT based performance evaluation instrument. Every
executive is also assessed on the BL Leadership Competency Framework and against BL Values
Framework. Our fast-trackers are characterised by their never-say-die attitude and keenness to
being part of a heritage and assume leadership roles in businesses which are as diverse and rich as
CHAPTER 8
DATA ANALYSIS
Tushar Sharma
B.Com.(H) II Year
2017-18
DATA ANALYSIS
Q.1. What do you think marketing strategies can help to increase the sales of the product?
0%
10%
6%
84%
INTERPRETATION: According to above chart most of people said that marketing strategies can help to
increase the sales of the product and some of people were not agree with point and some of them
said that we can’t say about this.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.2. Why market segmentation is important?
MOCN EP RC
0%
24%
42%
34%
INTERPRETATION: According to the above chart most of the respondents said that market
segmentation is helpful to enhance the profits and better matching of customer needs and some of
them were saying that to retain more customer .
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.3. What problems you have to face when making you are making marketing strategies?
0%
32% 34%
34%
INTERPRETATION: According to above chart there are so many factors which effects to marketing
strategies most of the people said that competition and technologies effected too much and some of
people said that brand image also affected to the marketing strategies.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.4. Should marketing strategies be differ for each car?
0%
4%
4%
92%
INTERPRETITION: According to the above chart we can know about should marketing strategies be
differ for differ cars and the chart is showing that most of the people said that yes cars are differ from
each other then marketing strategies should also be differ and some of them said no and some we
can’t say.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.5 Do you think that you are strong in making marketing strategies than others?
0%
18%
8%
74%
INTERPRETITION: The chart is showing that most of the people said that yes we are more strong to
making marketing strategies and some of them said that no and some were saying that we can’t say .
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.6. Do you think that advertisement is necessary to increase the sales of the product ?
0%
6%
4%
90%
INTERPRETATION: From above chart we can know about how much advertisement is necessary to
increase the sales of the product and most of people said that yes it is and some of them said that no
and some were saying that we can.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.7. How you will segment the Balme Lawrie & Co.Ltd.?
0%
32% 34%
34%
INTERPRETATION: From above the we can know about how to segment the cars and most of the
people said that we can’t segment cars with one variable and we have to all the variables and after
that segment the car so response is same by all respondents.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.8. What type of strategies are using by the Balme Lawrie & Co.Ltd.?
0%
31%
61%
8%
INTERPRETATION: Above chart is showing that most of respondents said that direct marketing is
more using by the Micro turners s and some people said that public relations are also important and
some of them saying that indirect strategies are also.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.9. Can competition and technology be helpful in making marketing strategies? if yes than how
much?
0%
20%
56%
24%
INTERPRETATION: Above chart is showing that competition and technology can helpful in making
marketing strategies and most of the respondents said that yes and some replied that some
companies can’t afford due to financial problems and less people said it helps little bit.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.10. Who people should be involved when you are making marketing strategies?
TM BM LM CONSUMER
30% 30%
18%
22%
INTERPRETATION: According to the above chart most of the respondents said that all people should
be involved when you are making marketing strategies so almost people said whole organisation
should be involved.
Q.11. Do you think that brand extension is necessary for the company ?
Tushar Sharma
B.Com.(H) II Year
2017-18
0%
20%
54%
26%
INTERPRETATION: According to the above chart half of them said that yes brand extension is
necessary but some respondents replied no because some time due to brand extension the brand
image could be down and some respondents were saying we can’t say’
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.12 Can research play an important role to get knowledge about the market conditions?
0%
10%
22%
68%
INTERPRETATION: According to the above chart mostly respondents said that yes research can play
an important role to know the market conditions and some of them said that sometimes it can be
wrong and some was saying that we can’t say.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.13. Can communication play an necessary role to attract the customers?
0%
14%
8%
78%
INTERPRETATION: Above chart is showing that mostly respondents were saying that yes
communication can attract the customer more and some of them said that no and some we can’t say.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.14. Which is the best strategy that can help to increase the sales of the products?
DM DM ADVER.
0%
32%
54%
14%
INTERPRETATION: According to above chart often respondents said that advertisement is the best
strategy is the best marketing strategy and some were saying that direct and diversity marketing.
Tushar Sharma
B.Com.(H) II Year
2017-18
Q.15. Which marketing strategies are effective to increase the sales of the product ?
DM IM ADVR.
0%
34%
44%
22%
INTERPRETATION: From the above chart we can know that which marketing strategies can help to
increase the sales of the product. According to above the chart advertisement is most effective
strategies which can help to increase the sales
Tushar Sharma
B.Com.(H) II Year
2017-18
CHAPTER 9
FINDINGS
Tushar Sharma
B.Com.(H) II Year
2017-18
FINDINGS
With the help of employees of Micro turners , I came to know marketing strategies are very effective
to increase the sales of the product. With the help of marketing strategies companies segment their
product according to the customer and due to advertisement and other communicational tools they
can position their product in the minds of the customer so we can say that marketing strategies can
2. They have to face too much problems when they are making marketing strategies because of
competition and technology. As we all of us know that day by day the competition is increasing and
new technologies are coming everyday so every company will try to be best. If any company want to
be highlight in the market then they have to make different marketing strategies than other
companies in the market. So they have to face some problems to make different marketing strategies.
3. Due to the employees of the Micro turners , I knew about how and why they segment the
products. To segment the market there are so many basis of the market segmentation like
geographical, demographic, psychographic and behaviour segmentation. There are so many reasons
to segment the market like better matching of customer needs and to enhance the profits, to retain
CHAPTER 10
LIMITATIONS
Tushar Sharma
B.Com.(H) II Year
2017-18
LIMITATION
Targeted respondents were from upper class and upper middle class
people.
CHAPTER 11
1. They should produce middle segment cars because they are producing only high
segment cars except one or two.
2. They should make better programmes to capture markets.
Tushar Sharma
B.Com.(H) II Year
2017-18
CHAPTER 12
CONCLUSION
Tushar Sharma
B.Com.(H) II Year
2017-18
CONCLUSION
In this report we have analyzed in detail the retail industry .We had initially started with the
evolution of the retail sector in India, then moved with various loyalty programs and
benefits, distribution and the growth of the retail sector. We have also covered issues like
the Foreign Direct Investment in the retail sector, the untapped opportunities that exist in the
retail industry in India. We have also discussed about the bottlenecks that the retail industry
is facing in India.
Tushar Sharma
B.Com.(H) II Year
2017-18
BIBLOIGRAPHY
Tushar Sharma
B.Com.(H) II Year
2017-18
BIBLIOGRAPHY
www.wikipedia.com
www.google.co.in
www. balmelawrieColtd.in
www. balmelawrieColtd.in
Books-
timesofindia.indiatimes.com/keyword/pantaloons
Tushar Sharma
B.Com.(H) II Year
2017-18