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A Project Report On Marketing Strategies
A Project Report On Marketing Strategies
ON
MARKETING STRATEGIES VOLKSWAGEN INDIA
Presented in partial fulfilment of the requirements for the award of
BACHELOR IN BUSINESS ADMINISTRATION
SESSION 2019-2022
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ACKNOWLEDGEMENT
I wish to express my sincere gratitude and special thanks to my respected teacher “Ms. MANSI
MADAN”. I am also thankful to the management department, laboratory assistants for the timely
help and valuable suggestion without which my “PROJECT REPORT” would not have been
success.
JATIN GAUR
BBA V SEMESTER
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CERTIFICATE
This is to certify that JATIN GAUR of BBA, 5th semester has successfully completed this
“PROJECT REPORT” for the SUMMER INTERNSHIP as prescribed by I.P UNIVERSITY.
Date:
MS MANSI MADAN
ASSISTANT PROFESSOR
CHAPTER – 1
1.1 Introduction
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1.2 Need For The Study
CHAPTER - 2
VOLKSWAGEN INDUSTRY PROFILE
CHAPTER – 3
VOLKSWAGEN COMANY PROFILE
CHAPTER – 4
THEORITICAL FRAMEWORK OF
MARKETING STRATEGIES
CHAPTER – 5
ANALYSIS & INTERPRETATION
CHAPTER – 6
6.1. FINDINGS
6.2. SUGGETIONS
6.3. SUMMARY
6.4 CONCLUSION
ANNEXTURE –
Questionnaire
BIBLIOGRAPHY
4
CHAPTER I
1.1 Introduction
1.2 Need For The Study
1.3 Objectives Of The Study
1.4 Scope of the study
1.5 Methodology Of The Study
1.6 Limitations Of The Study
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1.1 INTRODUCTION TO THE PROJECT
This industrial training makes the management students under go practically which
they know theoretically. B.B.A. student can imagine the problems with the theoretical
knowledge he has, but he can only solve it when he has practical experience or
knowledge.
So, it is a compulsion for all BBA students to undergo the month’s practical training
in their concerned subjects in any industry or company. After that we are required to
submit a project report on the practical experience we have acquired.
So, I undergone to the practical training in one of the leading Automobiles in NEW
DELHI i.e. VOLKSWAGEN ATR CARS PVT LTD, which is situated on N.H.-5, opp
BHPV,NEW DELHI.
Marketing strategy is also known as geographical market analysis and it is the Easiest
Way to Identify Where Your Customers Come From and Who They Are. This project
focus on to know the profile and from which geographical part of NEW DELHI the
potential customer of Volkswagen cars can be and what is the consumer behavior of
various users of cars like how many cars do they have and after how much do they like
to change their cars . The whole survey has been done in various parts of NEW DELHI
city like Focal Point, Industrial Area.
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1.2. NEED OF THE STUDY
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1.3. OBJECTIVES OF THE STUDY
The study has been under taken to analyze the customer profile and mapping to
understand the consumer behavior regarding automobile sector.
Objectives:
The main objective was to study the marketing strategies with special reference
to Volkswagen in the city of NEW DELHI.
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1.4. SCOPE OF THE STUDY
The scope of study “The Marketing Strategies of Volkswagen car market with reference
to ATR CARS Pvt ltd, NEW DELHI authorized dealer for selling the Volkswagen cars,
has been chosen to study the marketing strategies. The study was undertaken to study
the marketing strategy of Volkswagen. This included the study of various factors
affecting the market, comparison of the various brands available in the market, different
media used by the company to advertise the Brand, that is the various strategies
implemented in the market.
This study enables the company to look into various factors effecting the purchase from
the consumer point of view. This in turn will help the company to deliver their
products to maximum satisfaction of the consumer and it will also enable the company
to make the consumers aware about its products in clear and better way.
1.5. METHODOLOGY
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we collected the data from various sources. They are:
Primary data
Secondary data
Primary data:
Data was collected through the administration of a questionnaire prepared for the
purpose of the study. The questionnaire involved 50 number of questions enquiring
about, brand preferences for their purchase, conditions considered to make particular
purchase, which media created awareness etc…
Secondary data:
Internet
Magazines
Broachers
Other references
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The research study suffers from following limitations:
The NEW DELHI market was too vast and it was not possible to cover each and
every customer in the available short span of time.
Generally, the respondents were busy in their work and were not interested in
responding.
The research was conducted in present prevailing conditions. There can be some
fluctuations in the market, which can offset the findings.
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CHAPTER 2
INDUSTRY PROFILE
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INTRODUCTION OF AUTOMOBILE INDUSTRY
The automobile industry has changed the way people live and work. The earliest of
modern cars was manufactured in the year 1895. Shortly the first appearance of the car
followed in India. As the century turned, three cars were imported in MuBBAi (India).
Within decade there were total of 1025 cars in the city.
The dawn of automobile actually goes back to 4000 years when the first wheel was used
for transportation in India. In the beginning of 15th century, Portuguese arrived in
China and the interaction of the two cultures led to a variety of new technologies,
including the creation of a wheel that turned under its own power. By 1600s small
steam-powered engine models was developed, but it took another century before a full-
sized engine-powered vehicle was created. Brothers Charles and Frank Duryea
introduced the actual horseless carriage in the year 1893. It was the first internal-
combustion motor car of America, and it was followed by Henry Ford’s first
experimental car that same year.
One of the highest-rated early luxury automobiles was the 1909 Rolls-Royce Silver
Ghost that featured a quiet 6-cylinder engine, leather interior, folding windscreens and
hood, and an aluminum body. Chauffeurs usually drove it and emphasis was on
comfort and style rather than speed. During the 1920s, the cars exhibited design
refinements such as balloon tires, pressed steel wheels, and four-wheel brakes. Graham
The 1940s saw features like automatic transmission, sealed-beam headlights, and
tubeless tires.
The year 1957 brought powerful high-performance cars such as Mercedes-Benz 300SL.
It was built on compact and stylized lines, and was capable of 230 kmph (144 mph).This
was the Indian automobile history, and today modern cars are generally light,
aerodynamically shaped, and compact.
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The automobile industry in India is on an investment overdrive. Be it passenger car or
two wheeler manufacturers, commercial vehicle makers or three-wheeler companies –
everyone appears to be in a scramble to hike production capacities. The country is
expected to witness over Rs 30,000crore of investment by 2010.
Hyundai will also be unmasking the Verna and a brand new diesel car. General Motors
will be launching a mini and may be a compact car.
Most of the companies have made their intentions clear. Maruti Udyog has set up the
second car plant with a manufacturing capacity of 2.5lakh units per annum for an
investment of Rs 6,500 Crore (Rs 3,200 Crore for diesel engines and Rs 2,718 Crore for
the car plant itself). Hyundai and Tata Motors have announced plans for investing a
similar amount over the next 3 years. Hyundai will bring in more than Rs 3,800 Crore to
India. Tata Motors will be investing Rs 2,000 Crore in its small car project.General
Motors will be investing Rs 100 Crore, Ford about Rs 350 Crore and Toyota announced
modest expansion plans even as Honda Siel has earmarked Rs 3,000Crore over the next
decade for India - a sizeable chunk of this should come by 2010 since the company is
also looking to enter the lucrative small car segment. .Talking about the commercial
vehicle segment, Ashok Leyland and Tata Motors have each announced well over Rs
1,000 Crore of investment. Mahindra & Mahindra’s joint venture with International
Trucks is expected to see an infusion of at least Rs 500 Crore. Industry performance in
2008-09
The Indian automotive market managed to stand up to the vagaries of the economic
meltdown to show slightly growth during fiscal 2008-09. Overall vehicle sales at
97.23lakh grew 0.71 percent from 96.54lakh units in 2007-08.
Passenger vehicle sales at 15.51lakh registered flat growth while commercial vehicle
sales showed a 21 per cent drop.
SIAM has a positive outlook for the current financial year. While it foresees a 7-8 per
cent growth for the commercial vehicle segment, the industry body predicts a 3-5 per
cent growth for passenger vehicles.The passenger vehicle market has weathered the
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downturn largely due to market leader Maruti Suzuki which holds 48 per cent of the
market. The compact car giant clocked 7.22lakh units for2008-09. Closest rival Hyundai
Motor India sold 2.44lakh cars, a growth of 13 per cent.
Most premium carmakers saw volumes shrink last fiscal.
Toyota Kirloskar Motor’s numbers fell 15 per cent to 46,892 units while Ford India’s
sales were down 17 per cent to 27,976 units.
Honda Siel Cars India also saw a 17 per cent drop at 52,420 units while General Motors
India was down 8 per cent to 61,526 units.
Among commercial vehicle makers, all major players saw substantial fall in volumes.
Market leader Tata Motors with a 60 per cent plus share, showed 22 per cent drop in
numbers at 2.34 lakh units while Ashok Leyland showed 37 per cent drop at 47,632.
Either’s sales volume fell 37 per cent at 17,341 units and Force Motors was down 28 per
cent at 7,819 units. “The freight movement is unlikely to improve this fiscal which will
impact truck Bsales.
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Operations
Volkswagen has become a large international corporation from where it started and
expanded to different worldwide markets and countries. The world headquarters of
Volkswagen are located in its home country in Wolfsburg, Germany. Volkswagen
AG, owned by the Volkswagen Group, is situated with other car manufacturers
including Audi, SEAT, Lamborghini, Bentley, Bugatti, Scania, and Skoda.
Volkswagen is currently Europe's largest automaker. For a long time, Volkswagen
has had a market share over 20 percent. Worldwide, Volkswagen officially ranks as
the 3rd largest manufacturer behind Toyota and GM as measured by OICA in 2009.
In 2010, Volkswagen, posted record sales of 6.29 million vehicles, with its global
market share at 11.4%. Volkswagens core markets include Germany and China.
After overtaking Ford in 2008, Volkswagen became the third largest automaker in
the world. Volkswagen has aimed to double its US market share from 2% to 4% for
the year 2014, and is aiming to become, sustainably, the world's largest car maker by
2018.
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Ownership
Shares Held by
Worldwide presence
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Product Line
Cars
Further information: List of Volkswagen passenger cars
Volkswagen sells a number of cars under its namesake brand, including sedans,
MPVs, trucks, SUVs, and coupes. Their product range extends from the supermini
Polo, to compact Golf, to mid-size Jetta and Passat, and full-size Phaeton. SUVs
include the Tiguan and Touareg.
Environmental record
Achievements of Volkswagen
In 1980, Volkswagen competed in the Paris-Dakar Rally with the Audi developed
Iltis, placing 1st, 2nd, 4th and 9th overall.
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Volkswagen enlists Dakar Champion Jutta Kleinschmidt, the first woman to win
the Dakar rally in 2001, to help design and compete a Dakar Racer.
In 2003, the Hanover based team starts with a 2WD buggy named Tarek. It
placed 6th outright but took 1st in the 2WD and Diesel class.
In 2004, VW enters the newly developed Race-Touareg T2, finishing 6th overall
and 2nd in the Diesel class.
In 2006, Volkswagen released the most powerful Race-Touareg yet: the Race-
Touareg 2. Five vehicles entered, with driver Giniel de Villiers finishing in 2nd
place overall, and 1st in the Diesel class.
In 2009, Volkswagen won the 2009 Dakar Rally held in Argentina and Chile.
Race Touareg 2 finished 1st and 2nd.
In 2010, Volkswagen won the 2010 Dakar Rally held in Argentina and Chile.
Race Touareg 2
In 2011, Volkswagen won the 2011 Dakar Rally held in Argentina and
Chile. Race Touareg 3 defends 2010 victory with first three places.
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CHAPTER 3
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The Indian automobile industry seems to come a long way since the first car that was
manufactured in MuBBAi in 1898. The automobile sector today is one of the skey
sectors of the country contributing majorly to the economy of India. It directly and
indirectly provides employment to over 10 million people in the country. The Indian
automobile industry has a well established name globally being the second largest two
wheeler market in the world, fourth largest commercial vehicle market in the world,
and eleventh largest passenger car market in the world and expected to become the
third largest automobile market .
The growth of the Indian middleclass along with the growth of the economy over the
last few years has resulted in a host of global auto giants setting their foot inside the
Indian Territory. Moreover India also provides trained manpower at competitive costs
making the country a manufacturing hub for many foreign automobile
Indian Automobile Export market
India is a very favorable market for small cars be it production, sales or export. Since the
Indian automobile industry is the largest manufacturer of small cars companies like
Hyundai and Nissan Motors export about 2,40,000 and 2,50,000 annually. India
emerged as Asia's fourth largest exporter of automobiles, behind Japan, South Korea
and Thailand. The Indian automobile exports registered a 22.30 percent growth in the
year 2009.
MarutiUdyog
General Motors
Ford India Limiteds
Eicher Motors
Bajaj Auto
Daewoo Motors india
Hero Motors
Hindustan Motors
Hyundai Motors India Limited
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Royal Enfield Motors
Telco
TVS Motors
DC Designs
Swaraj Mazda Limited
Volkswagen.
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Ramani Cars Private Limited
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Volkswagen Dealers in NEW DELHI - Location, Contact Info of Volkswagen NEW
DELHI Dealer
Survey No 62/1 & 65/1c,, Mindi Village, Opp Bhpv, Beside Chowhan Exports,
Gajuwaka, NEW DELHI - 530012
Email :
Info@Vw-Atrcars.co.in
Mission:
The strategic intent is to be the premier partner in the Indian automotive market,
providing
products and service that exceed the current standards.
Strategy:
A long-term strategy is being the leading benchmark company in the Indian automotive
market by constant investments in our people and facilities.
Quality Policy:
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Prestige Motors are fully committed towards total customer satisfaction. We believe in
continual professional improvement. Hence we keep updating our systems and
facilities to
offer the very best for:
· Total Commitment to customer satisfaction.
· Focus on employee’s involvement and improve retention.
· Work professionally and honestly.
Motors Sales:
· Highly qualified Sales Team is ready to advise customers on any specific want and
need that would require and will assist in making the right choices.
German automobile maker Volkswagen will launch new car model in India sometime
in mid-2011 once it completes deliveries on its order book.
• Volkswagen launches Passat's next generation model
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The product line of Volkswagen :
Polo Eos
Vento Fox
Jetta Caddy
Beetle Golf
Passat Sharan
Passatcc Tiguen
Golf Multivan
GtiScirrico
TouregPhaeton
AUDI:
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CHAPTER 5
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ANALYSIS:
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Location of industries
Interpretation
From this analysis it came to know that most of the industry of Volkswagen is
concentrated around focal point area (36%) and industrial area (56%) and the then
sunder nagar (8%).
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In vizag what types of business are playing the major role?
Interpretation
From this analysis it came to know that in Vizag the 32% industry is cycle
industry and then followed by Auto parts industry (20%), Hosiery(18%) and rest
by others industries.
Other than the Volkswagen , the domestic car market is owned by?
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Total no. of respondents-250
Interpretation
From this analysis it came to know that 39% of the domestic car market is owned
by maruti and then followed by Honda(15%) , Hyundai(14%), Tata(12%),
Toyota(8%) and others(12%).
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Total no. of respondents-250
Interpretation
From this analysis it came to know that the cars with range 3-7lakhs holds 48% of
the market while the cars with range 7-12lakhs holds 38% of the market and rest of
the market is holed by other range of cars. Which means most of the market is hold
5.Mode of Purchase
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What Mode of Purchase would you like for purchasing a car?
Total no. of respondents-250
Interpretation
From this analysis it came to know 77% of customer prefers to purchase cars on
finance due to various reasons. And this ratio also show the purchasing power of the
customer.
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6.Preferred Bank for Finance
Total no. of respondents-250
Interpretation
From this analysis it came to know 31% of people prefer ICICI bank, 29% of
people Nationalized bank, 19% of people prefer HDFC bank and 21% of people
prefer others bank for financing the cars. Hence ICICI is the prior option chosen by
the customers to finance their cars.
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7. In Volkswagen which type of vehicle would you like?
No.of 90 54 81 25
respondents
Interpretation:
From this analysis it came to know 36% of people prefer polo car, 21% of
people vento, 32% of people prefer passat and 10% of people
prefer onew beetle cars. Hence polo is the prior option chosen by
the customers.
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8: If Volkswagen is going to reposition its cars in an attempt to compete against others,
then VW must improve its
Interpretation:
From this analysis it came to know 10% of people given vw must improve Quality, 6%
of People out look,22% of people interior,28% of safety and 34% of people
People suggested that vw can improve above all .
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9:Does the Volkswagen brand cars are popularized for their look or safety?
(a) Look (b) Safety.
Total No. of respondents-250
look safety
No. of respondents 170 80
percentage 68% 32%
Interpretation:
From this analysis it came to know 68% of people given vw brand cars popularized for
their look and 32% of People like these cars for their safety.
10. Does the hatchback model in this company competes with other company models of
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this class?
(a)Yes (b)No.
Yes No
No. of respondents 160 90
percentage 64% 36%
Interpretation:
From this analysis it came to know 64% of people given hatchbach model of
Volkswagen company competes with other company models of in this class and 32%
of People doesn’t agree with the statement.
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CHAPTER 6
6.1. FINDINGS
6.2. SUGGETIONS
6.3. SUMMERY
6.4.CONCLUSION
6.1. FINDINGS
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1. Volkswagen is one of the oldest and popular automobile company in the
world.Most of the people does not purchase the volkswagen cars.
2. Volkswagen gives importance to safety than looks. That is the reason, all its
models consists more of safety features than of rest comparatively.
3. The price of the car is little bit higher than the ordinary ones as it is an
international brand.
4. Volkswagen is offering up highly advanced technology in its class segment,
which are being offered by companies like BMW and Mercedes Benz.
SUGGETIONS
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Volkswagen should increase their service stations.
People were not aware about VW brand, there should be more brand awareness
in the market.
The company should promote about the entire feature offered by it.
Introduce Percentage on each car sale so that sales executives will be more
focused on customer conversion.
The servicing costs and the costs of spares should be decreased if not that might
be one of the reason for reduction of sales
SUMMERY
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Volkswagen's Marketing Strategy in India:
The case examines the marketing strategies of Volkswagen Group India, the Indian
subsidiary of German automobile manufacturer, Volkswagen AG (Volkswagen).
Volkswagen entered the Indian passenger car market in 2001 by launching its car brand
- Skoda. In 2007, two of its other brands Audi and Volkswagen, were also launched
inIndia. Volkswagen Group India emphasized on all aspects of marketing mix
including product, price, place and promotion. The company offered three brands
including Audi, Skoda and Volkswagen that together comprised of 15 different models
as of late 2009. Volkswagen Group India mainly catered to the luxury segment of the
Indian car market. The company had established presence in India through separate
distribution channels for each of its brands.In its initial years, Volkswagen Group India
primarily used the print media to promote its products. However, considering the
growth potential ofIndia's automobile market, the company started using electronic,
digital and out of home media along with print media. In November 2009, the company
launched an integrated marketing campaign to strengthen its brand image. The case
describes the marketing campaign and ends with a discussion on the growth prospects
of the company in future.
ISSUES:
» Examine the growth strategies of Volkswagen Group India over the years.
.CONCLUSION
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The above study shows that volkswagen industry is manufacturing industry and most
of the industry resides in focal point and industrial area. In manufacturing industry
cycle industry, auto parts industry and hosiery industry are major industries. And
among car companies maruti holds the major part of the market followed by Hyundai,
Honda, Tata and then other companies. And most number of cars hold by customers
are in the range 3-7lakhs (35%) and then 7-12lakhs
range. Most of the customers (77%) prefer to purchase cars on finance. Most customers
change their cars after 3-4 year interval.
As this result may not be suitable to all the regions of the country because of the culture,
standard of living and volume of the market. The research concludes that Volkswagen
have great opportunity to penetrate in the market.
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ANNEXTURE
Name:
Age :
44
Occupation:
4:In Volkswagen which Price wise Distribution of cars would you prefer?
(a)3-7lakhs (b)7-12lakhs (c) 12-20lakhs (d)20-30lakhs (f)30+lakhs.
9: Does the Volkswagen brand cars are popularized for their look or safety?
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10: Does the hatchback model in this company competes with other company models of
this class?
(a)Yes (b)No.
BIBLIOGRAPHY
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BOOKS REFERRED :
Research methodology – C.R. kothari.
Marketing management: Philip Kottler
Marketing management: Ramaswamy & Ramakumari
Principles and application: D.D. Sharma
WEBSITES:-
http:// www.volkswagen.co.in
http:// www.Info@Vw-Atrcars.co.in
http:// www.automobile.com\
http:// www.google.com
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Magazines
Autocar
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