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Tata Motors
Tata Motors
)
(A Central University)
Topic
Measurement of Customer Satisfaction In Relation
To New Product Development For TATA MOTORS
A Project submitted to Dr. Harisingh Gour Vishwavidyalaya for Partial fulfillment
Degree of
Submitted by
Aman Varshney
Under the Supervision of
Prof. Dr. Ankur Randhelia
Faculty
(Department of Business Management)
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Y23282507
Department of Management
Dr. Harisingh Gour Vishwavidyalaya, Sagar M.P., 470003
(A Central University)
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
This is to certify that I, Aman Varshney have carried out the research embodied in the
present thesis as prescribed under the Master’s For the Award of Master of
Business Administration (MBA) Degree of the University.
I further declare to the best of my knowledge that no part of this thesis was earlier
submitted for the award of research or any other Degree from any University.
Aman Varshney
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Signature -
ACKNOWLEDGMENT
In the name of God, the most beneficent and the most merciful, to whom all praise
belongs, who gave me the caliber, power, and patience to complete this research
work. I express my foremost and most profound sense of gratefulness to the
almighty.
Aman Varshney
3
PREFACE
The exploration into Tata Motors, encapsulated within the following chapters,
embarks on a comprehensive journey. Chapter 1 serves as the gateway, introducing
the scope and significance of the study. In Chapter 2, the historical evolution of
Tata Motors unfolds, tracing pivotal milestones and contextualizing its growth.
Chapter 3 delves into the intricacies of the company, presenting a detailed profile.
The product spectrum of Tata Motors takes center stage in Chapter 4, illuminating
the diverse offerings. A strategic lens is applied in Chapter 5 through a SWOT
analysis, laying bare the company's strengths, weaknesses, opportunities, and
threats. Chapter 6 shifts gears into a literary panorama, reviewing existing
knowledge relevant to Tata Motors. Chapter 7 articulates the objectives steering
this study towards comprehensive insights. The methodological blueprint is
unveiled in Chapter 8, delineating the research design, data analysis, and
interpretation. Findings from the exploration find a home in Chapter 9, offering a
culmination of discoveries. Guided by the revelations, Chapter 10 extends
recommendations and suggestions, fostering a roadmap for strategic
enhancements. Chapter 11 candidly acknowledges the study's limitations,
providing a transparent reflection on constraints. Finally, Chapter 12 orchestrates a
harmonious conclusion, drawing together threads of insight gleaned throughout
this scholarly voyage. This preface sets the stage for a nuanced exploration of Tata
Motors, a tapestry woven with historical threads, contemporary analysis, and
prospective visions.
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compile the data with utmost accuracy and hope this report will give complete
satisfaction regarding the various aspects of Marketing.
This is to certify that the Project Report titled “Customer Satisfaction On Tata
Motors” Manufactures is a bonafide work of Aman Varshney enrolment number
Y23282507 undertaken for the partial fulfillment of Masters in Business
Administration (MBA) degree of Dr Hari Sing Gour University under my
guidance. This project work is original and has not been submitted earlier for the
award of any degree or diploma of any other University or Institution.
…............. …………….
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Signature of Head of the Department
………….
In step with worldwide trends, Tata Motors has been actively developing
electric and alternative fuel-powered cars, demonstrating its commitment to
sustainable and environmentally friendly transportation solutions. The
company's diversified range meets the changing demands of a large
customer base, ranging from individual customers to commercial companies.
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rapidly changing automotive industry, devoted to defining the future of
mobility.
TABLE OF CONTENTS
Declaration by the candidate
Acknowledgment
Preface
Certificate The Project Guide
Executive Summary
Chapter 1. Introduction
Chapter 2. History
Chapter 9. Findings
Chapter-12. Conclusion
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Chapter 13. Annexure
13.1 Bibliography
13.2 Questionnaire
Chapter - 1
INTRODUCTION
Tata Motors has received international accolades for its pioneering efforts to
offer economical and environmentally friendly transportation options.
Notably, the release of the Tata Nano, which was advertised as the world's
cheapest automobile at the time, demonstrated the company's commitment to
making mobility more accessible to a wider audience.
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healthcare, and community development. The company's commitment to
sustainability is obvious in its efforts to promote electric and alternative
fuel-powered vehicles, which coincide with worldwide trends in ecologically
responsible mobility.
CHAPTER – 2
HISTORY
TATA MOTORS was founded in 1945, as a locomotive manufacturer. Tata
Group entered the commercial vehicle sector in 1954 after forming a joint
venture with Daimler-Benz of Germany.
Tata subsequently e launched the Tata estate (1992; a station wagon design
based on the earlier Tata mobile), the Tata Sumo (1994, a 5- door SUV and
the TATA SAFARI (1998).
Tata launched the INDICA in 1998, a fully indigenous Indian passenger car
tailormade to suit Indian consumers needs though styled by I.D.E.A, Italy.
In 2010, TATA MOTORS acquired an 80% stake in the Italian design and
Engineering Company Trilix for €1.85 million. In 2012, TATA MOTORS
announced it would invest around rupees 6 billion in the development of
futuristic infantry combat vehicles in collaboration with DRDO.
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In 2013, TATA MOTORS announced it will sell in India, the first vehicle in
the world to run on compressed air and dubbed “Mini CAT”. IN 2014,
TATA MOTORS introduced first truck racing championship in India “T1
Prima Truck Racing Championship”.
On 5th March 2021, TATA MOTORS holders approved hiving off its
passenger vehicles business into a separate entity.
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CHAPTER – 3
COMPANY PROFILE
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CHAPTER -4
➢ Passenger Vehicles :
TATA ALTROZ.
TATA SAFARI
TATA NEXON.
TATA NANO
TATA TIAGO
➢ Commercial Vehicles :
Passengers vehicles :
TATA ALTROZ :
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The Tata Altroz has 1 diesel engine and 1 petrol engine on offer. The diesel engine
is 1497 cc while the petrol engine is 1199 cc. It is available with the manual
transmission. The altroz is a 5 seater and has a length of 3990 mm width of 1755
mm and a wheelbase of 2501 mm.
TATA SAFARI :
TATA NEXON :
The Tata Nexon has 1 Diesel Engine and 1 Petrol Engine on offer. The Diesel
engine is 1497 cc while the petrol engine is 1199 cc. It is available with the Manual
and Automatic transmission. The Nexon is a fiveseater and has length of 3993 mm,
width of 1811 mm and a wheelbase of 2498 mm.
TATA TIAGO :
The 1.2-liter Revotron petrol engine and the 1.05-liter Revotorq diesel engine of
the small hatchback Tata Tiago provide lively performance. With its length, it is
about 3,746 mm long. The Tiago boasts a roomy cabin, sophisticated safety
features including dual airbags and ABS with EBD, and elegant design elements.
With a 7-inch touchscreen infotainment system, it provides smartphone integration
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and communication possibilities. The Tiago is a well-liked option in the
subcompact car class because of its reputation for fuel economy and its ability to
deliver a comfortable and cost-effective driving experience.
TATA NANO :
Commercial Vehicles :
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TATA Motors commercial vehicles has introduced this new Tata 1512 LPT
based on four cylinders engine platform to cater to rated load applications
this new Tata truck gets powered by new 3.3 LNG and BS engine that
produces 125 HP of power and 390 nm of torque and comes with a standard
clutch booster for comfortable drives.
CHAPTER – 5
SWOT ANALYSIS
SWOT ANALYSIS is a strategic planning method used to evaluate the Strengths,
Weakness, Opportunities and Threats involved in a project or in a business
venture. It involves specifying the objective of the business venture or project and
identifying the internal and external factors that are favorable and unfavorable to
achieve that objective.
STRENGTHS :
WEAKNESS :
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Slow reaction to market sentiment.
Perception problem among a new car buyers as it is famous in taxi and car
rental space.
Fewer upgrades available of existing models.
Product development - fewer models released over the last few years as
compared to its competitors.
OPPORTUNITIES:
Rising per capita income of the middle class which will boost the demand.
Customizing product offerings for the rural markets.
Mergers and acquisitions to acquire new technology.
Demand for electric cars will increase as people adopt eco friendly
techniques.
THREATS :
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CHAPTER - 6
LITERATURE REVIEW
This paper provides a thorough overview of research concerning customer
satisfaction in the automobile industry, highlighting key factors like product
quality, brand image, price, and service experience. While it doesn't directly
address Tata Motors, it gives you a strong foundation to understand the broader
context.(Mason, 2008). This study focuses on the Indian market and identifies
factors like fuel efficiency, reliability, price, and after-sales service as significant
influencers of customer satisfaction. It offers valuable insights applicable to Tata
Motors' performance in India. (Sharma, 2015). This review looks at customer
satisfaction with electric vehicles (EVs) globally. While Tata Motors is
increasingly venturing into EVs, referencing this research can help you understand
customer expectations and satisfaction drivers in this emerging segment. (Jessica
Heinen, 2021). This study examines customer satisfaction and loyalty towards
Tata cars in India, identifying factors like reliability, value for money, and service
experience as crucial influencers. It provides specific insights into Tata Motors'
customer perception in India. (Saxena, 2017). This research compares customer
satisfaction between Maruti Suzuki and Tata Motors in India, highlighting areas
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where Tata Motors needs improvement to compete effectively. It can be helpful for
benchmarking and identifying potential areas of focus. (Banerjee, 2018)This study
analyzes customer reviews of the Tata Tiago on social media platforms like
Twitter and Facebook. It can help you understand customer sentiment and pain
points regarding specific models. (Praveen Patil, 2020).
CHAPTER – 7
Secondary Objectives :
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CHAPTER - 8
RESEARCH METHODOLOGY
The research will be done through survey method. The collection of data will be
done through questionnaire, interview and related websites The sample size taken
for this research is 30 customers. The area of this survey consist of SAGAR city
The collection of data will be done with the help of a structured questionnaire. The
designing of questionnaire needs precision and classification of the subject, so that
the respondents can easily understand the question and can answer it sincerely and
correctly.
Primary data consists of original information for the specific purpose at hand. It is
first hand information for the direct users of respondents. The tools used to collect
the data may vary and can be collected through various methods like questionnaire,
personal interview.
Secondary data:- Secondary data is the data which is already been collected and
assembled. This data is available with the companies or firms and it can be
collected from newspapers, periodicals, magazines, websites etc.
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Research Type:
Analysis :
Q.1
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Interpretation
This analysis shows that 48.4% respondents believes that Tata Motors’
Aesthetic and Design is Good and 41.9% believes that it is Excellent and
9.7% believes that it is Fair.
Q.2
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Interpretation
Q.3
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Interpretation
This analysis shows that 38.7% respondents believes that Tata Motors are
Reliable , 16.1% believes that it is Neutrals and 45.2% believes that it is extremely
Reliable.
Q.4
Interpretation
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This analysis shows that 25.8% respondents believes that Tata Motors are Fuel
Efficient , 38.7% respondents believes that it is Neutral and 35.5% respondents are
Very Fuel Efficient.
Q.5
Interpretation
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Q.6
Interpretation
Q.7
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Interpretation
Q.8
Interpretation
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This analysis shows that 29% respondents believes that Tata Motors are Satisfied
with Cost of Ownership , 29% respondents believes that it is Neutral and 38.7%
respondents are Very Satisfy.
Q.9
Interpretation
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Q.10
Interpretation
Q.11
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Interpretation
Q.12
Interpretation
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Q.13
Interpretation
Q.14
30
Interpretation
Q.15
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Interpretation
Q.16
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Interpretation
This analysis shows about customer’s view on Tata Motors’ Overall Value
for Money , 26.7% respondents feel Well, 16.7% respondents are Neutral
about that and 56.7% respondents feel Very Well about that.
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CHAPTER – 9
FINDINGS
According to the data shown in table of the data analysis and interpretation
The majority of peoples are happy with Tata Motors Design, Aesthetic and
Build Quality.
Customers are majorly feel satisfied about Customer service, Support and
Maintenance.
The majority of people are satisfied about Tata Motors’ Safety Measures,
Reliabilty and Fuel Efficiency.
Customers are highly satisfied about overall performance of Tata Motors
vehicles.
Customers are satisfied about Interior Comfort and Space in Tata Motors
vehicles.
Customers are highly satisfied about in terms of Tata Motors vehicles
Acceleration and Speed.
Employees are extremely happy with their jobs, even though their pay is
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CHAPTER – 10
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CHAPTER - 11
Due to this, the sample size is only 30, which is not very large.
All the respondents could not fill their questionnaire on their own due to
language problem, time constraints and lack of positive behavior.
Respondent may give biased answer due to some lack of information
about other brands.
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CHAPTER – 12
CONCLUSION
In our pursuit of understanding customer happiness at Tata Motors, we discovered
a rich tapestry of variables that contribute to the company's success as well as areas
that require further attention. As we complete our study report, it becomes clear
that customer happiness is more than just a number; it is a guiding concept
profoundly ingrained in Tata Motors' character.
Tata Motors, with its tradition of innovation and technical prowess, has
demonstrated its commitment to providing cars that meet the different demands
and preferences of customers. The organization has continuously sought to surpass
consumer expectations by using a comprehensive strategy that combines cutting-
edge technology, creative innovation, and a thorough grasp of market dynamics.
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CHAPTER– 13
ANNEXURE
13.1 BIBLIOGRAPHY
Banerjee, D. C. (2018). A comparative study of customer satisfaction of Maruti Suzuki and Tata
Motors cars in India. International Journal of Recent Technology and Engineering, 7 (5), 20-25.
Jessica Heinen, M. R. (2021). Customer satisfaction with electric vehicles: A literature review.
Transportation Research Part D: Transport and Environment , 99, 12-16.
Praveen Patil, M. P. (2020). Analysis of customer reviews of Tata Tiago on social media.
International Journal of Engineering and Advanced Technology (IJEAT), 9 (5-SE), 10-14.
Saxena, A. R. (2017). Customer satisfaction and loyalty towards Tata cars in India. International
Journal of Business and Management , 5 (12), 18-22.
Sharma, A. P. (2015). Factors influencing customer satisfaction in the Indian automobile industry.
International Journal of Marketing and Entrepreneurship, 9, 20-25.
www.tatamotors.com
https://en.wikipedia.org/wiki/Tata_Motors
https://www.customercare-cv.tatamotors.com/about-us/company-
profile.aspx
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13.2 QUESSTIONNAIRE
1. How satisfied are you with the overall performance of TATA Motors vehicles?
2. Rate your experience with the design and aesthetics of TATA Motors vehicles.
5. How satisfied are you with the safety features in TATA Motors vehicles?
6. Rate your experience with TATA Motors’ customer service and support.
8. How satisfied are you with the cost of ownership for TATA Motors vehicles?
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( ) Very Satisfied ( ) Satisfied ( ) Neutral ( ) Dissatisfied ( ) Very Dissatisfied
9. How satisfied are you with the interior comfort and space in TATA Motors
vehicles?
10. How satisfied are you with the performance of TATA Motors vehicles in terms of
acceleration and speed?
11. Rate your satisfaction with the ease of getting TATA Motors vehicles serviced or
repaired.
12. How likely are you to recommend TATA Motors vehicles to others?
14. How well do you feel TATA Motors addresses customer feedback and concerns?
15. Rate your satisfaction with the exterior durability and build quality of TATA
Motors vehicles.
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