a comparative sytudy between kamco and vst tillers
TRANSCRIPT
Under the guidance of,
Dr.Bushan .D. Sudhakar Reader,
Dept .of International Business
A COMPARATIVE STUDY BETWEEN KAMCO AND VST TILLERS
Amal MathewRoll No.1105606
INTRODUCTION
• KAMCO was established in the year 1973 as a fully owned government of Kerala undertaking at Athani..
• V.S.T Tillers Tractors Ltd (VTTL) was incorporated in the year 1967 in Bangalore, in technical collaboration and joint venture with Mitsubishi Heavy Industries .
• The main product of KAMCO and VST are power tiller, is a versatile machine used for primary farming operations like tilling, ploughing
INDUSTRY ANALYSIS
32%
23%
32%
7%
6%
Market Share
VST Tillers Trac-tors Ltd.
TAFE
KAMCO
Aspee Agro
Navyug Agro
Market Shares of the Largest Agro-Machinery Manufacturing Companies Source: Compiled from CMIE Database, Industry: Market Size & Shares, “Agricultural Machinery”, April 2008, pp. 278-279.
45%
23%
32%
Tiller market share in India
VST Tillers
KAMCO Tillers
Chineese and others
Source: Company, Sushil Finance Research Estimates
Trend of market share : KAMCO Vs VST
Source: CMIE Data
Chart Showing the market share of Tillers of the various Companies in Kerala
KAMCO VST Others0
5
10
15
20
25
30
35
40
45
OBJECTIVES OF THE STUDY
To compare the satisfaction level of KAMCO and VST Tillers and its after sale services.
To find out KAMCO’s strengths and weaknesses compared to VST.
To find out the most effective mode of advertisement for farm equipments
RESEARCH METHODOLOGY Data Collection Methods
Primary Data : Questionnaire was used to collect data.
Secondary data: Text Books, Journals and Websites.
Sampling Unit : Tiller customers of KAMCO and VST
Sample size: 100, 50 Customers from both the companies.
Sampling area: Northern Districts of Kerala( Kozhikode,Kannur
and Wayand)
Statistical tools used: Percentage analysis , T –test ,with the help
of SPSS .
FINDINGS • VST’s Market Share has been on the rise for the last few years • The best way to advertise the product is through Krishi
Bhavans . And Print and visual media has got little impact.• VST performs better in the dry soil.• KAMCO Tillers are more fuel efficient than the VST Tillers.• Almost all those who buy the tillers for agricultural purpose
have received financial assistance from the government.• VST is good in after sale service than KAMCO.• VST spare parts are easily available.
SUGGESTIONS Deliver the product on time to the customers .
More service centers should be opened , so that the customers will have more accessibility to the after sales services
Spare parts should be made available.
Increase the engine power ,so that its efficiency in dry soil goes up.