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Introduction
The Mahindra group’s Farm Equipment Sector (FES) is almost the top three
tractor brand in the world. It has won the Japan quality medal in 2007. It also
holds the distinction of being the first tractor company globally to win the
Deming Application Prize in 2003. FES is the first tractor company globally to
win these honours. This shows the strong focus of FES on quality and customer
satisfaction. Today, the domestic market share of FES is around 42% (Mahindra
brand: 30% and swaraj brand: 12%). The motto of FES is to usher prosperity;
for its customers, dealers, employees, society and all other stakeholder.
Mahindra operations
Mahindra Tractors operates in ten countries and has a fairly large customer base
in the United States, Australia, Chile, Serbia, Indian Subcontinent, Iran, Syria
and a major part of the African continent among many more. Mahindra operates
in China, North America and Australia through its subsidiaries, Jiangling,
Mahindra USA and Mahindra Australia. It also operates in some Indian states
through its subsidiaries Mahindra Gujarat and Swaraj.
Mahindra India
Mahindra 3616 HST MFWD is a four wheel drive tractor sold in USA
In 1994, the company entered the American market as Mahindra USA; it has a
sales and service network throughout the country. Mahindra USA, a subsidiary
of Mahindra Tractors, is responsible for sales in North America. Mahindra has
five assembly plants in the US—one at its North American headquarters
in Houston, Texas, another in Marysville, California and one in Chattanooga,
Tennessee. In August 2012, Mahindra USA opened its fourth assembly and
distribution center in Bloomsburg, Pennsylvania. In 2014, Mahindra USA
opened its fifth assembly and distribution center in Lyons, Kansas.
In addition to building their own tractors, Mahindra also sources tractors from
other manufacturers. For the USA market, Mahindra has purchased their core
products from Tong Yang Moolsan, one of the top tractor manufacturers in
South Korea, to cover selected product ranges.
Mahindra Australia
Based in Brisbane, Mahindra Australia is a branch of Mahindra & Mahindra
Ltd. In 2005, the company entered the Australian market with the launch of its
assembly & customer support centre in Acacia Ridge, QLD. Currently, the
company's products are sold and serviced by 40 dealers throughout Australia.
Mahindra Australia is also responsible for sales in New Zealand and the rest of
Australasia. The Company's products are distributed in Fiji by Carpenters
Motors.] In Western Australia and South Australia, Mahindra tractors are
distributed by McIntosh Distribution.
Jiangling
In 2004 Mahindra purchased an 80% stake in Jiangling Tractors from Jiangling
Motor Company in China. Mahindra also has a factory in China.
Mahindra has also formed a joint venture with Yueda group in Yancheng,
China.
Mahindra & Mahindra Ltd.'s Farm Equipment Sector (FES), a part of the USD
17.8 billion Mahindra Group, today announced its tractor sales numbers for
September 2016.
Domestic sales in September 2016 were at 29,035 units, as against 17,052 units
during September 2015. Total tractor sales (domestic + exports) during
September 2016 were at 30,562 units, as against 18,087 units for the same
period last year. Exports for the month stood at 1,527 units
The company has slashed production by a full two days a week till the end of
March, effectively stopping production for about six days this month. The
implied production level will be 14,000 units this month against 21,000 in
February.
Agriculture in India has also slowed sharply. For the quarter ended December
2011, the farm sector slowed to 2.7 per cent against 11 per cent in the year-ago
period. Overall Gross Domestic Product growth also fell to 6.1 per cent, below
market expectations. Through the current fiscal, interest rates have also risen.
Earlier this month, M&M’s Farm Equipment Sector, part of the Mahindra
Group, reported a 21 per cent decline in tractor sales for the month of February
over the same month last year. M&M sold 14,341 tractors in the domestic
market that month, against 18,134 units in the year-ago period
Domestic sales in April 2017 were at 25,081 units, as against 20,704 units
during April 2016. Total tractor sales (domestic + exports) during April 2017
were at 26,001 units, as against 21,386 units for the same period last year.
Exports for the month stood at 920 units.
In 1947, as India gained independence from British colonial empire, the level of
agriculture mechanisation was low. The socialist oriented five-year plans of the
1950s and 1960s aggressively promoted rural mechanisation via joint ventures
and tie-ups between local industrialists and international tractor manufacturers.
Despite these efforts, the first three decades after independence local production
of 4-wheel tractors grew slowly. By the late 1980s tractor production was nearly
140,000 units per year, and a prevalence rate of less than 2 per 1,000 farmers.
After economic reforms of 1991, the pace of change increased and by late 1990s
with production approached 270,000 per year. In early 2000s, India overtook
the United States as the world's largest producer of four-wheel tractors. FAO
estimated, in 1999, that of total agricultural area in India, less than 50% is under
mechanised land preparation, indicating large opportunities still exist for
agricultural mechanisation.
In 2013, India produced 619,000 tractors accounting for 29% of world's output,
as the world's largest producer and market for tractors. India currently has 16
domestic and 4 multinational corporations manufacturing tractors.
In India, agriculture and its allied sectors are the primary source of livelihood
for a large chunk of domestic population. In 2017, the Gross Value Added
(GVA) in these industries across the country was around INR 20,266 billion.
Being a part of mechanisation in farming, tractors have a big role to play in
increasing the country’s agricultural output. The tractor market is also among
the biggest segments in the category of farm equipment in the country, with
annual sales of 600,000-700,000 units
In 1997, with a yearly production of more than 255,000 units, the country
emerged as one of the leaders in the production of tractors globally. During the
following year, newer entrants like New Holland Tractor (India) Limited also
started tractor production locally.
Currently, India is the biggest manufacturer and market in the world for
tractors. The country produced 619,000 tractors in 2013, accounting for 29% of
the total output worldwide.
COMPANY PROFILE
BHARATH MAHINDRA AGRO AGENCIES PVT LTD:
FOUNDER: MR.WAHEED HUSSAIN
Mahindra Tractors is an international farm equipment manufacturer of
Mahindra & Mahindra. In 2010, Mahindra became the world's highest-selling
tractor brand by volume. Mahindra's largest consumer base is in India, China,
North America, and a growing market in Australia. The company is the largest
manufacturer in India and has the capacity to build 150,000 tractors a year.
M&M produced its first tractor in 1963, the Mahindra B-275. Mahindra
Tractors sold about 85,000 units annually making it one of the largest tractor
producers in the world.To expand into the growing tractor market in China,
Mahindra acquired majority stake in Jiangling.
To raise awareness about Mahindra in the US, Mahindra USA announced its
new sponsorship in the NASCAR Nationwide Series with R3 Motors which is
participating with a #23 Mahindra Tractors Chevrolet. The car was driven by
Robert Richardson. Mahindra USA, Inc. announced a 17-race primary and 18-
race associate sponsorship for the 2009 NASCAR Nationwide Series. With this
sponsorship, Mahindra was the first Indian company to sponsor a car in
NASCAR. In 2008, Mahindra was a sponsor of the McDonald Motorsports
team which ran the 81 car in the NASCAR Nationwide Series.
21 TO 30 HP TRACTORS
These tractors within 21 to 30 HP range offer power best suited for agriculture
and orchards on medium size land holdings.
31 TO 40 HP TRACTORS
Packed with fuel efficient technology and advanced features, these tractors
enable the farmer to do more, better and faster work on their fields and reap
superior results.
41 TO 50 HP TRACTORS
These powerful tractors are best suited for larger land holdings and agriculture
operations which require high power.
Vision
The vision of the company is to be the ‘Leading independent player in the
global Gears & Transmissions Space’.
Core Values
We are governed by the Core values of the Mahindra Group. They are an
amalgamation of what we have been, what we are and what we want to be.
These values are the compass that guides our actions, both personal and
corporate. They are:
Professionalism: We have always sought the best people for the job and given
them the freedom and the opportunity to grow. We will continue to do so. We will
support innovation and well reasoned risk taking, but will demand performance.
Customer first: We exist and prosper only because of the customer. We will
respond to the changing needs and expectations of our customers speedily,
courteously and effectively.
Quality focus: Quality is the key to delivering value for money to our
customers. We will make quality a driving value in our work, in our products
and in our interactions with others. We will do it 'First Time Right
CHAPTER 3
RESEARCH
METHODOLOGY
TITLE OF THE STUDY:
To Study CUSTOMER SATISFACTION LEVELS of buyers in “BHARATH
MAHINDRA AGRO AGENCIES”.
OBJECTIVES OF STUDY:
Method of research
Survey method:
A Survey is a complete operation, which requires some technical knowledge
Survey methods are mostly personal in character. Surveys are best suited for
getting primary data. The research obtains information from the respondents by
interviewing them.
.
Sampling: It is not always necessary to collect data from the whole universe. A
small representative sample may serve the purpose. A sample means a small
group taken in a large lot. This small group should be emanative cross section
and really “representative” in character this selection process in calls sampling.
Method of Sampling
Research Instrument
Questionnaire:
Sample Size: The sample size is an important feature of any empirical study in
which the goal is to make inferences about a population from a sample.
And my selected sample size is 100.
Survey questionnaire – Mahindra Tractor
DISCLAIMER:
This survey is based on Mahindra Tractors. The aim of study is to understand
the customer satisfaction of the farmers so that it can be helpful for the
organization to cater the farming requirements if their customers with
technology.
Mahindra Tractor
Swaraj Tractor
John Deere
Eicher Tractor
Others
2. Which elements do you think are most important when you are buying a
tractor?
Brand
Price
Quality
After sale service
Maintenance costs save
Fuel
Safety and reliability
Design
Others
Very good
Good
Average
Bad
Very bad
Engine
Power steering
4 wheel drive
Definitely yes
Yes
May be
No
Definitely no
7. What do you think of the performance of Mahindra Tractors in its quality
according to your experience?
Excellent
Very good
Good
Average
Bad
Satisfied
The price is too high
The price is too low
Very satisfied
Satisfied
Average
Unsatisfied
Very unsatisfied
10.If you have contacted Mahindra for service, were all problems resolved to
your complete satisfaction?
Yes
No