Académique Documents
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ON
“CONSUMER PERCEPTION ABOUT PARAG PRODUCTS”
Submitted in partial fulfillment of the requirement for the award of the degree
of
Master of Business Administration
This is to declare that I MEHTAB KHAN student of MBA, at have personally worked on the
project entitled “Consumer perception about Parag Product” REFERENCE TO
LUCKNOW MILK UNION, LUCKNOW from 01/05/2018 to 26/07/2018. The data
mentioned in this report were obtained during genuine work done and collected by me. The data
obtained from other sources have been duly acknowledged. The result embodied in this project
has not been submitted to any other University or Institute for the award of any degree.
Date:
Place: New Delhi (Roll No.): 201750205
First of all I thank God for giving me this wonderful opportunity to undertake this research
which is part of my MBA program. I am extremely thankful and grateful to my project guide
Mrs. SANA BAIG who helped me lot for completing my summer training project report .
I would like to thank to all faculty members, my friends who helped me in my project of our
University JAMIA HAMDARD, NEW DELHI. For able guidance, continuous support and
cooperation throughout my project without whom the present work would not have been
possible. I pay my sincere thanks to entire team of Lucknow Producers' Co-operation
Milk Union Ltd. for the constant support and helping in the successful completion of my project.
I express my sincere gratitude to my industry guide Mr. A.K. SINGH (Marketing Incharge)
of Lucknow Producer’s Cooperation Milk Union Ltd.for his able guidance.
8. Findings 43-44
9. Limitation 45-46
DAIRY INDUSTRYPROFILE
Today, India is the global dairy industry. It offers chances galore to entrepreneurs worldwide,
who wish to capitalize on one of the world's largest and wildest growing markets for milk and
milk products. A bagful of 'pearls' awaits the international dairy producer in India. The Indian
dairy industry is wild growing, trying to keep pace
withthe galloping progress around the world. As he increases his overseas actions to India many
profitable options await him. He may transmission technology, sign joint ventures or use India as
a sourcing center for local exports. The liberalization of the Indian economy beckons to MNC's
and foreign investors alike. India’s dairy sector is expected to triple its production in the next 10
years in view of expanding potential for export to Europe and the West. Also with WTO
regulations expected to come into force in coming years all the developed countries which are
among big exporters today would have to with draw the support and subsidy to their domestic
milk products sector. This development is going to come from the greater emphasis on the
processed foods sector and also by growth in the conversion of milk into milk products.
BACKGROUND
Indian dairy sector contributes the large share in agricultural gross domestic products. Presently
there are around 75,000 village dairy cooperatives across the country. The co-operative societies
are federated into 180 district milk producers unions, which is turn has 22-state cooperative dairy
federation. Milk production gives service to more than 82mn dairy farmers. In terms of total
production, India is the leading producer of milk in the world followed by USA. The milk
production in 2016-2017 is estimated at 53.77 Million tones. The top five milk-producing
nations in the world are India, USA, Russia, Germany and France.
PRODUCTIVITY
To have an exportable surplus in the long-term and also to maintain cost competitiveness, it is
imperative to improve productivity of Indian cattle. There is a vast market for the export of
traditional milk products such
asghee, paneer, shrikhand, rasgolas and other ethnic sweets to the large
number of Indians distributed all over the world.
FUTURE PROSPECTS
India is the world's highest milk manufacturer and all set to become the world's largest food
factory. In celebration, Indian Dairy sector is now ready to invite NRIs and Foreign investors to
find this country a place for the mammoth investment projects. Be it investors, researchers,
entrepreneurs, or the merely curious – Indian Dairy sector has something for everyone. Milk
production is relatively efficient way of converting vegetable material into animal food. Dairy
cow’s buffalo’s goats and sheep can eat fodder and crop by products, which are not eaten by
humans. Yet the loss of nutrients energy and equipment required in milk handling inevitably
make milk comparatively expensive food. Also if dairying is to play its part in rural
The National Dairy Development Board has been constituted as a body corporate and declared
an institution of national importance by an Act of India's Parliament. The National Dairy
Development Board -- initially registered as a society under the Societies Act 1860 -- was
merged with the erstwhile Indian Dairy Corporation, a company formed and registered under the
Companies Act1956, by an Act of India's Parliament - the NDDB Act 1987 (37 of 1987),with
effect from 12 October, 1987. The new body corporate was declared an institution of national
importance by the Act.
DAIRY CO-OPERATIVES
Eliminating of the middlemen between the producer and consumers by the locating of the
milk directly by the producers straight through village co-operative society.
To growth the production of milk from milking animals by providing input to the
producers.
To arrange the supply of milk in major cities of U.P.
Name of the organization : Lucknow Producers Co-Operative Milk Union Limited Address of
the organization: 22, Jopling Road, Lucknow
Established : 1938
Registration : 23rd March 1938
Place of establishment : Initially at Charbagh
Shifted to Ganeshganj.
Presently at 22, JoplingRoad, Lucknow
Founder : Rai Bhadur Gopal Lal Pandya
Board of Directors : Mr. Gopal Pandya,
Mr. N.C.Chaturvedi,
Mr. Tej Shanker
Mr. Pushkar Nath Bhatt
Per day production of milk : Initially 6000 liters
Location : Initially Charbagh, atPresent -22, Jopling Road, Lucknow
Area of Distribution : Initially- Bakshi ka Talab, Tewariganj, Gosainganj
At present- Entire District
Over the years PCDF has expanded, diversified, channelized into new areas, over new
dimensions, onto new challenges. Today it features prominently in the National Milk Grid,
supplying Milk to Mother Dairy for sale in Delhi.
However, PCDF's achievement cannot be quantified in mere statistics. Its real sense of pride lies
in the fact that its farmer members are heading surely and steadily towards a prosperous future
and the knowledge that its consumers reaffirm their faith in Parag year after year. It is in this
context that PCDF's success is to be measured.
OVERVIEW
Milk Cooperative, perceived as a business organization, is simply a group of people who have
willingly pooled in resources and energies to pursue a common goal out of which they derive
mutual benefits.
Uttar Pradesh is the largest milk producing state of India contributing 17 % of the total milk
production of India. In the year 2010-2011, the total milk production in the state was
21033.3 thousand kg. Per day.
A milk cooperative society in a village in Allahabad district set up in 1918 marked the
beginning of milk cooperatives in Uttar Pradesh.
PCDF's management is headed by the Board of Directors, members of which are elected from
Milk Union Boards. The Managing Director is the chief executive of the Federation. The
Federation has the overall responsibility for the planning policies, mobilization and utilization of
financial resources, member and public relations as well as liaison with agencies of the state and
central government, financing institutions etc.
The name Parag has become synonymous with high standards of hygiene & quality. This is
because the products are processed using the most modern technology & sophisticated
machinery. Quality is controlled at as many as five stages under the close observation of trained
technicians and all products conform to highest standards. As a result, the products retain their
natural purity & goodness and the goodwill & loyalty of its consumers.
2.0 GHEE
10.0 Kheer
Sudhan, Chitra (2010); their study summarized that satisfaction level about the over-all service
does not depend on response time or price but depends on the level of satisfaction with quality. It
is therefore clear that the customer’s perception about service level depends on their perception
about quality. It is also seen that satisfaction level with quality depends on the rejection rates
experienced by the customers. Therefore the company should make efforts to ensure that the
rejection level at the customer end is minimized. This will improve the customer’s perception
about quality as well as service level. Since the period of response and price levels do not
influence perception about service level, it is adequate if the company maintains the present level
but concentrate its effort in reducing rejections experienced by the customer.
Sandeep Singh Virdi, Dyal Bhatnagar, Hardeep Kaur (2007); in their study revealed that
there is a strong association between Income & use of Branded Milk, which means that with the
variation in income levels the choice for branded / unbranded milk also varies. It was inferred
that there is no association between the purchase of a particular Brand & the factors affecting its
choice, thereby meaning that while choosing a brand the consumer does not consider factors like
packaging, price, nutrition, taste etc.
Parekh (2006); in his research established that, of the total milk produced in the country, nearly
46 per cent is consumed as liquid milk and the balance converted into various dairy products,
such as ghee, butter, milk powder, ice cream, cheese, condensed milk and for making various
kinds of sweetmeats having distinct regional preferences.
STRENGTH
Goodwill of company
The family environment in the company.
Dedicated work force.
Continuous growth.
Tax benefit to the company.
Large variability of products
Good market shares in all over U.P.
WEAKNESSES
Less number of channel partners.
High cost of kit’s as compared to competition.
Old Machinery
OPPORTUNITY
There must be more efficient use of the dealer network.
There is a huge chance in consumables sales.
THREATS
INTRODUCTION
This chapter aims to know the research methodology establishing a framework of evaluation and
revaluation of primary and secondary research. The methods and ideas used during primary
research in order to arrive at findings; which are also dealt with and lead to a logical deduction
towards the analysis and results
RESEARCH DESIGN
The research design applied here was exploratory research
Exploratory Research is one in we don’t know about the problematic, we have to find about the
problem and then work on solving the problem. Whereas in case of descriptive research, we
know the problem, we just have to find the answer to the problem. Mostly descriptive research
design is applied after exploratory research design.
RESEARCH TOOL
Research tool
The purpose is to first conduct an intensive secondary research to understand the full impact
and implication of the industry, to review and critique the industry norms and reports, on which
certain problems shall be selected, which remain unanswered , this shall be further taken up in
the next stage of secondary research. This stage shall help to limit and select only the
important question and issue, which inhabit growth and division in the industry.
DATA COLLECTION:
Both primary and secondary data have been collected very strongly
Secondary data: it is collected by the study of many reports. The reports studied under
secondary data. Primary Data was taken with questionnaire
The report is the result of a study which was undertaken in Lucknow city. The objective of the
project has been fulfilled by getting response from the customer related to these segments
through a personal interview in the form of a questionnaire. The responses available through the
questionnaire are used to assess the consumer behavior for the products of Parag and the
willingness of the customer to purchase its products on future.
The project also covers an analysis of the switch over of customers to competitor’s products in
the market.
Based on the problem the objective of the research is divided into two which are as
follows:
Primary Objective:
20%
Yes
No
80%
20% 20%
Personal
recommendation
10%
Radio advertising
40%
10% Newspaper
Attractive Features
Satisfied
20%
Yes
No
80%
40%
Yes
No
60%
(a)Yes (b) No
40%
Yes
60% No
Performance
30% Poor
40%
Fair
Good
20%
Brands Ranks(1to6)
Parag 3
Amul 4
Gyan 2
Ananda 1
Rank
10%
Parag
30%
20% Amul
Gyan
Ananda
40%
(a)Yes
(b)No
(c)May be
20% Yes
10% No
70% May be
(a) Milk
(b) Curd
(c) Sweets
(d) Ghee
20% Milk
Curd
10%
60% Sweets
10% Ghee
The consumers of Parag are brand loyal with only a small percent want to move over to other
brands. Trying of other brands by customers is mostly because the customer wants to try
something fresh.
The customers are not much happy with the product range of Parag product.
According the survey conducted, it was concluded that Parag has been carrying out dairy
farming successfully in India over the past few decades. It processes, manufactures and sells
milk and products related to milk. It Includes milk, ghee, curd, butter, cheese etc. When
compared to other competitors such as GYAN, Parag has its own collection of dairy
cows. Parag’s effort on milk products is good because of longer shelf life for most of them.
Parag usually focuses on government tenders and that is one of the main reason why its
availability is so less to the common public. Lucknow milk union is however unable to maintain
high standard in milk and milk products through close monitoring of processes in all the stages
of production, processing and packaging. The milk is usually sold in the loose packets to the city
customers when today it’s an era of tetrapack or bottles. Parag also lacks technology due to
which it is unable to get rid of the smell from the milk unlike GYAN where the smell is taken
care of with the help of the smell deduction machine. However, Parag sells its goods at
subsidized rates. Parag still rules in pioneering product innovation with the strong R &D thrust.
It works on the concept of premium quality cow milk “farm to home” concept.
B. Address: ………………………………………………………………………………………
……………………………………………………………………………………..
D. Gender:
Male.......... Female ……….
E. Occupation:
Q3) What according to you are attractive features that buy Parag Products?
(d) Quality
(e) Packaging
(f) Taste
Q5) According to you Parag Product have changed the way the Consumer behavior towards
Milk?
(a) Yes (b) No
Q9. Would presentation & packaging of the Milk help you in your purchase decision?
(e) Milk
(f) Curd
(g) Sweets
(h) Ghee