ABHISHEK ITC REPORTs
ABHISHEK ITC REPORTs
UNIVERSITY
BATCH 2023-2025
SUMPMER INTERNSHIP PROJECT REPORT
“BUSINESS OPPORTUNITY IN HIGHWAY & TOURIST
MARKETS”
ACKNOWLEDGEMENT
I would like to express my gratitude, towards Graphic Era Hill
University, the management department for giving me the
opportunity to conduct this study. It brings me pleasure to
acknowledge the assistance and support from those who have
helped me present this report for evaluation.
Furthermore, I extend my thanks and appreciation to my guide, Prof.
(Dr.) Parvi , Professor at Graphic Era Hill University. His valuable
guidance and mentorship have been instrumental in making this
report rewarding and fruitful.
I am grateful, to those who have intellectually assisted me in
preparing this report whether directly or indirectly. Lastly it is my
duty to express gratitude to our parents and families who have
taught us life lessons and inspired us to face life challenges.
Additionally, I want to thank all of our college friends for their love,
trust and support.
Thank you,
Ritesh Kumar
DECLARATION
MBA
3rd semester
I have the pleasure in certifying that Mr. Rites Kumar is a bona fide
student of 3 rd semester of the MBA (Batch 2023-25), of Graphic Era
Hill University, Dehradun, Student I’d ()
He has completed his project work entitled “" Business
opportunity in highway & Tourist markets in Dehradun,
Doiwala Uttarakhand” under my guidance.
I certify that this is his original effort & has not been copied from any
other source. This project has also not been submitted in any other
Institute / University for the purpose of award of any Degree.
This project fulfils the requirement of the curriculum prescribed by
this Institute for the said course. I recommend this project work for
evaluation & consideration for the award of Degree to the student.
Signature: _______________
Guide Name: Prof. (Dr.) Ritesh Kumar
Designation: Professor
Date: ______________
EXECUTIVE SUMMARY
1. Strengths
2.Weaknesses
3.Opportunities
4.Threats
The primary concern arises from competition both within the
country and globally. According to principles when rival
companies observe a profit potential, in a developing
consumer society they will inevitably introduce fresh products
and services. Western corporations perceive India as a
prospect to explore market segments for their own offerings.
ITCs opportunities are expected to be available, to companies.
As a result, the landscape of competition will change in the
future. It will then be necessary for ITC to determine if being a
conglomerate is the competitive strategic approach, for
ensuring a secure future
Company Details
Business opportunity in Highway & Tourist
markets
OBJECTIVES
Conduct a comprehensive market analysis to
under highway routes & tourist markets.
Competition representation, Product mix, price
points, analysis in assign area.
Key zone of highway & tourist markets analysis &
propose the model for same.
Understanding the consumer buying &
consumption pattern & key handlers in area.
Competition understanding and feedback in terms
of us .
LITERATURE REVIEW
RESEARCH METHODOLOGY
Definition:
"The process of gathering information and data to inform
business decisions can involve methods, such, as conducting
research through publications, interviews, surveys and other
research techniques. It encompasses both past information." In
terms methodology refers to the process used by a researcher to
outline and conduct their research. It helps them plan effectively
and establish a foundation, for their work. Additionally,
methodology encourages researchers to engage with their field of
study.
The research objective and topic often differ in situations. They
depend on the goals and progression of the research. However, by
selecting a methodology it is possible to align them.
Type of Research
- Descriptive Research
- Exploratory Research
Descriptive Research: The projects research design is
descriptive as it aims to provide a description of the data and
characteristics related to the company well, as the efficiencies of
sales data and consumer behavior processing parameters.
Descriptive research is employed to gather information about the
state of the phenomenon and describe what exists in terms of
variables, within a situation.
Types of Data:
Primary Data: The information obtained from observation or
personal experience. The main data was gathered by conducting a
survey using two questionnaires, which will be included in the
report. The collection of data would also involve engaging with
and closely observing customers.
Secondary data: The secondary data refers to the current sales
data . We will utilize the company’s provided data, on sales,
market trends and past performance of the DS to support our
analysis, in reports.
No of Respondents: 120 Retailers.
Survey Instrument: To conduct the survey, we utilized a
combination of questionnaires and interviews, with both ITC
Retailers and Salesmen. The focus of our research was on the
customers (retailers), within the designated area of ITC.
Here is how the data analysis and interpretation, for this project can
be summarized.
● Interpreting the questionnaire responses, from retailers.
Q.2- Did you know about the Unnati app provide you information
about the pomotions, services and discounts ?
Ans- The Unnati app offers various services to retailers and
wholesalers, but people are not aware of these services. As a
result , they face difficulties in getting products quickly, as it takes
time to receive them .
RECOMMENDATIONS
• ITC has the ability to establish enduring partnerships with
retailers in order to expand market reach.
• Providing retailers with reasons, by offering an enhanced
experience and great value for their money can be a strategy. By
focusing on customer loyalty, it is possible to increase switching
costs.
• Investing in research and development activities can yield
customer data. Facilitate the introduction of innovative products
or services which can create a strong differentiation factor.
• Working on customer relationship management can help foster
brand loyalty ultimately increasing switching costs.
• To assess the preference of the DS (presumably referring to a
product or service) appropriate techniques and methods should
be employed.
• ITC (a company name) can effectively manage the bargaining
power of buyers by expanding and diversifying its customer base.
This can be achieved through the introduction of products
targeting market segments and implementing product
diversification strategies. Employing marketing and promotional
strategies could also prove beneficial in this regard. Strengthening
positioning, in the market can be accomplished by integrating
innovation into their offerings and delivering customer
experiences thus reducing buyer’s ability to negotiate prices.
These strategies could enhance ITCs advantage.
RESEARCH DATA
BIBLIOGRAPHY
Information provided in this project is collected from various sources like;
• https://en.wikipedia.org/wiki/ITC_Limited
• https://www.itcportal.com/itc-stories/itc-portfolio-of-winningbusiness.aspx
• https://groww.in/blog/history-of-itc-group
• Retail Supply Chain Management: Quantitative Models and Empirical Studies by Narendra Agrawal
and Stephen A.Smith
• Effectiveness of cigarette warning labels in informing smokers about the risks of smoking: findings
from the International Tobacco Control (ITC) Four Country Survey