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8/2/2019 Synopsis Automobiles
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DEVI AHILYA VISHWAVIDYALAYA, INDORE
Synopsis
MAJOR RESEARCH PROJECT
A Study of the Factors Affecting Brand Value
Development for Two Wheelers
A Research Synopsis submitted as partial fulfillment for the
award of the Degree of Masters of Business
Administration
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(2009-2011)
GUIDED BY: SUBMITTED
BY:
MBA IIIrdSem
Introduction
The automobile industry in India accounts for a business volume of billions of dollar
and has the potential to grow much faster both through Indian as well as
International manufacturers which have established huge facilities in the country.
The automobile industry is at the center of Indias new global dynamic. The
domestic market expanding rapidly as incomes rise and consumer credit becomes
more widely available. Manufacturers product lines are being continually
expanded, as is the local automotive manufacturing base. Expectation are high
that India can develop as a global hub for vehicle manufacturers and as an
outsourcing center that offers the global automotive industry solution high up the
automotive value chain.
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After independence, Bajaj Auto Ltd. had an undisputed leadership over the market. The
industry registered compounded growth rate of 12% during the seventies.
Market Structure
Automobile
Commercial Passenger Vehicle 2-wheeler 3-wheeler
Vehicle
Motorcycle Scooters Mopeds
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Literature Review
Industrialization has brought vast changes in the Automobile Industry, because growth and
development of any area requires appropriate transportation facilities. Automobile
industry is one of the fastest growing sector in our country. The rapid growth of middle
class section is the primary reason for the growth of two wheeler industry. People in
rural and semi urban areas are trying to elevate their life style and people in
metropolitan cities are completely disappointed with the public transport system. It
arises needs of two wheelers.
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Rationale of the Study
The studies on two wheeler markets have been reported in literature. Many researchers
found two wheeler markets are full of hope and opportunities. Two wheeler segments
is a part of giant Indian automobile industry. This segment has seen 20% to 25% growth
rate from the post 2000. India is having 35 crore middle class family which is target
consumers of this segment.
The project aims to find out the various factors developing brand value of two wheelers that
makes possible purchase of a two wheelers. The objective of the study is to know
consumers opinion of their two wheelers regarding its features like appearance,
mileage, price etc, to analyze the impact of behavioural factors of consumers on
choosing particular brand of motor.
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Objective of the Study
1. To measure the image of brands of two wheelers.
2. To investigate the impact of brand image and the attributes on brand preferences.
3. To find the factor developing brand value of two wheelers.
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Research Methodology
1. The Study
The present study is based on descriptive type research which identifies factors affecting
brand value development for two wheelers.
2. The Sample
For the present study the sample is been taken of 100 respondents which includes students
and employees.
3. The Tools
Tools for Data Collection
a) Primary Data:-The Primary Data is collected through self-designed questionnaire and personnel
Interview of customers.
b) Secondary Data:-For the collection of secondary data News Papers, Magazines, Articles, Research
Journals, Internet, Books etc. are used.
Tools for Data Analysis
For the analysis of collected data pie chart and graphical representation are applied.
.
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References
1. http://www.twowheeler.com2. http://www.economictimes.indiatimes.com3. http://www.indianexpress.com4. Ramaswamy V.S. & Namakumari S.N (2004) Marketing Management, 2nd
Edition.
5. http://www.indiabike.com6. http://www.mouthshut.com7. http://www.wikipedia.com
http://www.indiabike.com/http://www.mouthshut.com/http://www.wikipedia.com/http://www.wikipedia.com/http://www.wikipedia.com/http://www.mouthshut.com/http://www.indiabike.com/