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A
PROJECT REPORT
ON
³ANALYSING OF B L AGRO EDIBLE OIL IN
MARKET
AT
B L AGRO EDIBLE OIL, Ltd., BAREILLY
Submitted By
Aviral Deep Saxena
Under the guidance of
prof. Thakur
Submitted to
University of Pune
In partial fulfillment of the requirement for the award of the
degree of
Masters of Business Administration (M B A)
Through
ASM¶s
INSTITUTE OF PROFESSIONAL STUDIES
PIMPRI ; PUNE -18
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DECLARATION
I hereby declare that work on project entitled
µ¶Availability of Edible Oil Of B L Agro in Market´
Submitted in partial fulfillment of the requirement for the degree of
Master of Business Administration [MBA]
to Pune University, Pune
is my original work and is not submitted to any other degree, diploma,
Fellowship or other similar title or prizes.
The project has been individually carried out as a part of
summer internship training and is meant for academic purpose only.
Place: Pune Aviral Saxena
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ACKNOWLEDGEMENT
First and foremost I thank god, my parents and my friends for blessing showered on me. All my
efforts will remain meaningful authorities, who helped me more than I expected, while I working on my
project.
I had project privilege of undergoing major concurrent project for two months at B L Agro
Ltd at Bareilly. I would like to express my sincere gratitude to Mr. Nagandra Singh (Marketing
Manager) for providing me an opportunity to undertake major concurrent project and guidance
throughout the project to complete successfully.
I extend my sincere thanks and acknowledgement to Mrs. Sindhu and all the staff of B L Agro
who extended their wholehearted guidelines and their cooperation, in spite of their schedule in
completing my project work successfully.
I would like extend my sincere feeling of gratitude to Prof . Vandana Thakur (Internal Project
Guide). Finally I thank to all the faculty member of our institute who have given me their valuable
suggestions from time to time.
Aviral Deep Saxena
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EXECUTIVE SUMMARY
The title of the project is ³Avalabity Of Edible Oil Of B L Agro´. The project was carried out at B
L Agro Pvt. Ltd., Bareilly which is prominent oil firm . The duration of the project was of two months i.e.
15/05/2010 to 15/07/ 2010.
One of the fastest growing firm in the market.
With a Team of highly trained & experienced manpower; it consists of independent teams for
institutional & corporate sales. It is 365 days & 24 hours operational.
This project is build to achieve certain objectives like how to increase the market share of B L AGRO &to
find out the sale trends of the edible oil in Bareilly
This study will give you the keys to bringing new customers. To show you how all of the
pieces work together, we have broken the process down into 3 phases:
Create the appropriate messaging and branding
Reach out to new customers
Get the right resources,
There are two things that we have looked at.
.1) when will customers get back?
2) How to get them back?
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It¶s a quite a moving target but we have gone through a long period of recession and
people have started to change their thinking.
As this is the practical approach, after the interaction with customers, we believed that they require
comparison of one brand with others
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CHAPTER 1
INTRODUCTION
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INTRODUCTION
INTRODUCTION AND HISTORY
With a history that goes back to 50 years, B.L. Agro Oils Ltd. is a company with a simple corporate objective - to
manufacture, package and market the purest possible edible oil that would offer healthier and tastier solution to
Millions of consumers. Currently, B.L. Agro is in the business of Refining,
Quality Control, Packaging and Marketing of branded mustard and other
edible oils
VISION
To be a way of life for every Indian.
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MISSION
To be the benchmark in purity and perfection. To achieve a leadership
position in the Indian market and to become the preferred Indian edible oil
name globally.
QUALITY POLICY
B.L. Agro Oils Ltd. is committed to total customer satisfaction, and
compliance with regulatory bodies at all times and at maximum
effectiveness.
We aim to
- Consistently enhance our understanding of market dynamics and changing
customer needs so as to offer finest quality products that at all times meet
our customers' expectations and the ever changing demands of the market
place.
- Provide a high level of service to our customers with minimum cause for
complaint.
- Maintain a healthy & constructive work environment that enables
personnel to produce optimal output.
- Continually comply with the requirements of ISO 9001:2000, ISO
14002:2004, HACCP and other government regulations and continuously
improve the effectiveness of our Quality Management System.
With a history that goes back to 50 years, B.L. Agro Oils Ltd. is a company with a simple corporate objective - to
manufacture, package and market the purest possible edible oil that would offer healthier and tastier solution to millions of
consumers.
Currently, B.L. Agro is in the business of Refining, Quality Control,
Packaging and Marketing of branded mustard and other edible oils.
MANAGEMENT
The foundations of B.L. Agro were laid half a century ago by its Managing
Director,
Shri Ghanshyan Khandelwal - a veteran of the Indian mustard industry. Since then the management of B.L. Agro has
gained an unmatched, in-depth insight of the industry and the continuously evolving customer needs. The leadership at
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B.L. Agro has a vision for the future and their acumen in adapting to the changing times has translated into consistent
growth by the company.
However, the most important attribute of the B.L. Agro leadership is the un-
fallible commitment towards quality, towards customers and towards
Community at large.
At B.L. Agro 'No Compromise with Quality' is a guiding philosophy. And the management takes it as their responsibility to
not just ensure the highest quality standards of company's products but also to instil this 'quality attitude' in every member
of the B.L. Agro organization.
Another distinctive characteristic of the B.L. Agro management team is their strong belief that ³Success and growth do not
mean much unless accompanied by trust and respect from the community.´ And over the years this belief has ensured
that as a corporate citizen, B.L. Agro Oils Ltd. earns an image of one of the most respected and revered organization in its
region of activity
A true entrepreneur, Ghanshyam Khandelwal stepped into the mustard oil
trading business in the 1950s when he was still at a very young age.
Beginning from Bareilly, he single-handedly expanded operations and soon
transformed Bail Kolhu into one of the most preferred mustard oil brand in
the entire belt of Eastern UP.
A man of foresight and vision Ghanshyam Khandelwal has been the guiding
force behind consistent growth of B.L. Agro Oils Ltd. With an eye on the
future, he has, over the years, displayed a tremendous prowess for
anticipating the changing consumer needs and has repeatedly led the
organization to be a winner in a dynamic industry scenario. The mantras of
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CHAPTER 2
INDUSTRY PROFILE
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Edible Oils
India is one of the largest producers of oilseeds in the world and
this sector occupies an important position in the agricultural
economy. Oilseeds and edible oils are two of the most sensitive
essential commodities. India grows oilseeds on an area of over
26 million hectares, with productivity of around 1000 kg a
hectare. But self ±reliance in edible oils is not in sight and the
country imports almost half of its edible oil requirements.
India has a wide range of oilseeds crops grown in its different
agro climatic zones. Groundnut, mustard/rapeseed, sesame,
safflower, linseed, inversed/castor are the major traditionally
cultivated oilseeds. Soya bean and sunflower have also
assumed importance in recent years. Coconut is most important
amongst the plantation crops. Among the non-conventional oils,
rice bran oil and cottonseed oil are the most important. The
Indian edible oil industry is composed of some 15,000 oil mills,
600 solvent extraction units, 250 vanaspati units and about 400
refining units.
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The National council of Applied Economic Research has
projected the demand for edible oils under three scenarios on
the basis of per capita income growing annually by 4%,5% and
6%.Under the low growth scenario, the demand was to rise to
22.8 million tones ,under medium growth scenario to 25.9million tones and under high growth scenario to 29.4 million
tons in the near future. The edible oil industry is largely
dominated by the bulk segment. Unbranded segment accounts
for anywhere between 80 and 90% of the total consumption.
Imports are taking place in two forms-refined and crude oil. A
large part of the crude oil gets sold as unbranded oil. The share
of raw oil, refined oil and vanaspati in the total edible oil market
is estimated at 35%, 55% and 10% respectively.
With growing quality consciousness and plummeting price
differences between packaged and non-packaged edible oils,
the packaged edible oil sector will capture 50% of the market
share in coming years. The packaged branded edible oil industry
is growing at 12% annually. Major Players like Marico
Industries is the market leader with its two main brands,
Sweekar and Saffola, having 15% market share, followed by ITC
Agrotech¶s Sundrop at 13%. Godrej Foods has a market share of
11% and HLL¶s Flora has 3%. Cargil sells edible oil through
Nature Fresh and Gemini brands, Ruchi groups with Ruchi Gold
and Mahakosh oil, Adani Wilmer Limited, owner of Fortune
brand, National Diary Development Board's Dhara brand and
other small players own rest of the packaged edible oil market.
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We can provide you detailed project reports on the following topics. Please
select the projects of your interests.
Each detailed project reports cover all the aspects of business, from
analysing the market, confirming availability of various necessities such as
plant & machinery, raw materials to forecasting the financial requirements.
The scope of the report includes assessing market potential, negotiating with
collaborators, investment decision making, corporate diversification planning
etc. in a very planned manner by formulating detailed manufacturing
techniques and forecasting financial aspects by estimating the cost of raw
material, formulating the cash flow statement, projecting the balance sheet
etc.
We also offer self-contained Pre-Investment and Pre-Feasibility Studies,
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following topics.
Many of the engineers, project consultant & industrial consultancy firms in
India and worldwide use our project reports as one of the input in doing
their analysis.
We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.
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CHPTER 3
COMPANY PROFILE
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Company Profile
B L AGRO Pvt Ltd
Type - Public
Industry - Oil Farm
Founded - 1950
Founder(s) - Ram Khandelwal
Headquarter Parsakhera
Industrial Area;
Bareilly, India
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Key people -
Nagendra sinah
( Marketing
Manager )
Quidar Ahmead
( H R Manager)
S K Sindhu
( Marketing
Executive )
Ashish
Khandelwal ,
Director (Finance
& Sales )
Products
y Mustered
Oil
Refined
Soya bean
Oil
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CHAPTER 4
Product Profile
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Bail Kolhu Kachchi Ghani Mustard Oil is the flagship brand of
B.L. Agro Oils Ltd. A 'Grade A' Mustard Oil with a unique taste
and pungency, it enjoys a tremendous popularity in the
northern parts of India and is the favourite Kachchi Ghani
Mustard Oil among its vast customer base.
As a category, Mustard Oil is consumed in almost every Indian
household although in variable quantity. Kachchi Ghani
Mustard Oil is perhaps the healthiest edible oil and one of the
best cooking oils, due to its favourable composition.
What is Kachchi Ghani ± Its properties and benefits
Kachchi Ghani refers to cold press extraction process of
mustard oil. In the ghani crushing of mustard seeds about 6%of water is added. This is because, apart from achieving oil
expulsion, water, through the agency of the enzyme myrosinase,
brings about hydrolysis of various glucosinolate. Slow grinding
and frictional heat development release a maximum of pungent
isothio cyanates (essential oil) which enter the oil to give it a
sharp taste and pungent flavor that is greatly relished along the
Indo-Gangatic plain.
The key property of kachchi ghani mustard oil is its essential oil
content (0.25-0.35%) which acts as preservative. Essential oils
are effective anti fungal.
They destroy micotoxin producing moulds. They also exhibit
antibacterial and anti-carcinogenic activity.
The second most important property and benefit of kachchi
ghani mustard oil is that it retains natural micronutrients and
antioxidants present in mustard seed to the maximum extent.
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Technical Details with Specification:
Fatty Acid Composition (%)
SFA MUFA PUFA Others
7% 64% Linoleic, 6 Linolenic, 3 2%
115 % 12%
Note:
1. Ratio of Omega 6 : Omega 3 is almost 1:1 which is most idealand found only in mustard oil among all edible oils.
2. It is major source of Omega 3 essential fatty acid which
human body cannot form on its own and has to depend on
external source only. It is 13%, the highest among all the edible
oils.
3. It is MUFA rich oil like Olive oil. MUFA rich oils are best for
human consumption.
Quality Specifications:
Saponification Value : 168 - 177
Iodine Value : 96 - 112
Unsaponificable Matter (max) : 1.20%
Essential Oil % (min) : 0.25
Acid Value (max) : 1.5
Bellier Turbidity Temperature : 230 C - 27.50 C
Moisture : 0.25%
The Manufacturing
At B.L. Agro Oils Ltd., The sourcing, quality control and
packaging of Bail Kolhu is performed to match the highest
standards ± The Double Filter Process ensures that only the
purest product is despatched as Bail Kolhu.
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B.L. Agro has an in-house Quality Control laboratory with a
Gas Liquid Chromatograph that ensures the purity and PFA
certified quality in each and every pack of Bail Kolhu.
Genesis of Bail Kolhu
B.L. Agro Oils Ltd. started trading in Bail Kolhu Kachchi
Ghani Mustard Oil in 1958. In the year 1999, Bail Kolhu was
launched in consumer packs and in the first year itself, it
grossed astonishing sales of Rs. 60 crores.
Since then the sales of Bail Kolhu has consistently increased and
today Bail Kolhu is a clear market leader in most of itsdistribution territories and commands almost monopolistic
leadership position in many of the markets. The entire belt of
Eastern UP is a stronghold of Bail Kolhu and the brand enjoys a
popular status in Western UP, Uttarakhand, Delhi & NCR.
Within Delhi, Bail Kolhu is the number one Mustard Oil Brand
in East Delhi today. The company is spreading its wings to West
Bengal & Jharkhand also. Bail Kolhu also enjoys a very high
level of brand loyalty amongst its vast consumer base.
Marketing Strategy
Bail Kolhu is marketed through a vast network of distributors
and retailers.
The high customer demand of the Brand ensures that the
channel partners remain motivated at all time and work with
great deal of determination and enthusiasm to push the sales of
Bail Kolhu.
On the other hand Bail Kolhu is consistently advertised and
promoted through the use of mass media as well as through
regular participation in consumer fairs which ensure its
presence in the top of the mind recall set of the consumers as
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well as provide a boost to its sales graphs.
Future Plans
During the last 2 years, the company has already extended its
distribution network and is now poised to further expand itsmarkets. Aggressive expansion in geographic reach and newer
markets is on the agenda. Bail Kolhu is now also eyeing the
overseas market with its export consignment already
despatched Saudi Arabia & Netherland.
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Mohan Dhara
Mohan Dhara is a superior quality Refined Soyabean Oil. Since
B.L. Agro Oils Ltd. introduced Mohan Dhara a few years ago, the
brand has created its acceptance in a highly competitive market.
On the product composition front, Mohan Dhara possesses highest
levels of transparency among its competitive brands, which is a
measure of its purity and supreme quality as a healthy product.
Every pack of Mohan Dhara contains finest Refined Soyabean Oil
produced by an elaborate refining process at the B.L. Agro plant.
For Mohan Dhara, crude soyabean oil of specific quality is sourced
from either domestic or overseas markets, and put through
Chemical Refining process using MNR and Nitrogen Blanketingtechnology.
Refining Process - Why chemical, & why not Physical? The purpose of refining edible oils and fats is to remove free fatty
acids and other objectionable substances including impurities while
maintaining the nutritional value and ensuring the quality andstability of the end product.
There are two main refining processes used on crude oils,
chemical/alkali and physical refining, which differ principally in the
way free fatty acid are removed.
Chemical Refining
Chemical/alkali refining consists of following under mentionedstandard steps:
DegummingIt is the first step of chemical refining. Its purpose is to remove seed
particles, impurities, and most of the phosphatides, carbohydrates,
proteins and traces of metals.
The crude oil is treated with food grade processing acids and/or
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water at a temperature around 700C which leads to hydration of
most of the phosphatides, proteins, carbohydrates, and traces of
metals. The hydrated material precipitates from the oil and is
removed.
NeutralizationAlkali neutralization reduces the content of the following
components:
Free fatty acids, oxidation products of free fatty acids, residual
proteins, phosphatides, carbohydrates, traces of metals and a part of
the pigments.
The oil is treated with an alkali solution (caustic soda) that reacts
with the free fatty acids present and convert then into soaps stock.The mixture allows then to separate the oil phase freed from fattyacids that floats on top from a layer phase of soap, alkali solution
and other impurities, which is drawn off. The oil is then washed
with water to remove the soap, alkali solution and other impurities,
when it is ready for decolorizing or deodorizing process Bleaching
The purpose of bleaching (decolorizing) is to reduce the levels of
pigments such as carotenoids and chlorophyll, but also further
remove residues of phosphatides, soaps, traces of metals, oxidation products, and proteins. These trace components interfere further
processing and reduce the quality of the final product. These
substances are removed by adsorption with activated clay and silica.
If heavy polycyclic aromatic hydrocarbons are present, activated
carbon is used for their removal. Dosage of these adsorption agents
is adjusted to ensure the removal of the specific substances. The
bleaching clay/silica containing all these substances is separated by
filtration. These processes are partly done under vacuum and at
temperature below 1100C.
Deodorization Deodorization is simply a vacuum steam distillation process that
removes the relatively volatile components, that give rise to
undesirable flavours, colours and odours in fats and oils. This is
feasible because of the great difference in volatility between these
undesirable substance and the triglycerides (oils & fats).
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Depending on the residence time in the deodorizer, the process is
carried out under vacuum (1-3 torr) and at a temperature around
2500C, and using a stripping media such as super heated dry steam
since the substances for odour and flavours are usually volatile;
conditions are adopted within these ranges as appropriate to ensurethe removal of specific substances. Further removal of proteins is
achieved at this step. Careful execution of these four processing
steps ensures that fully refined oils possess good organoleptic and
physiochemical qualities. The extent of protein removal is of critica
importance to absence of allergenicities.
PHYSICAL OIL REFINING
In case of physical oil refining process also we perform the threeunit operation steps (namely degumming, bleaching &deodorization) like the chemical oil refining process. In the physical
refining process, treatment with alkali is not included/performed,
and due to this, some of free fatty remains in the oils, so these are
removed during deodorization process. The lacunae of this process
is that some of the undesirable matter (carbohydrates, oxidative
products, proteins and traces of metals) retains in the oil after
deodorization which is ultimately responsible for the inferior oxidative stability/quality of the oils. It lowers the shelf life of the
oil in normal storage period and during cooking and frying, which
thereby responsible for the lower quality of final food product
prepared by the use of this type of oil. For making the good quality
oil, alkali treatment is performed, which is very-very expensive step
in respect to total other three steps, namely, degumming, bleaching
and deodorization. Although alkali treatment is expensive, we prefe
to include alkali treatment for making good quality of oils in respect
to oxidative quality and good shelf life at B.L. Agro Oils.
MNR Technology This implies maximum micro nutrient retention technology. Edible
oils, contain a number of useful nutrients and vital for health
management. During the process of refining they get reduced. The
beauty of the refinery process technology is that they are retained in
maximum number. For this, we at B.L. Agro Oils observe &
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practice such technology where we retain them in maximum
number. Hence, Mohan Dhara is just not empty calories it is a
nutritious healthy, full of vitality, longevity and is a energy packed
in the bottles of Mohan Dhara.
Careful execution of this well designed refining process technologyensures improvement in stability, enhances the shelf life while
preserving the nutritional value.
B.L Agro Oils takes pain to ensure the quality of oils. To achieve
this big target, total operations are carried out at very benign
operating conditions to save the natural micronutrient from any
damage. B.L. Agro Oils have their own set of design parameters of
the machinery & equipments and standard operating procedures for the maximum retention of naturally present micronutrient in theedible oil.
Process of Nitrogen Blanketing & its Benefits
Nitrogen Blanketing of edible oils is essential for:
Oxidative and flavor stability
Extended storage period
Maintenance of nutritive value
Whether refined or not, all oils are sensitive to heat, light and
exposure to oxygen. Exposure to above conditions leads to the
rancidity in edible oils. Rancid oil has an unpleasant aroma acrid
taste, and its nutrient value is greatly diminished.
Also, rancid oils are injurious to health. To delay the development
of rancid oil, a blanket of nitrogen, an invert gas is applied to the
vapor space in storage container immediately just after production
and also in the packing containers. This is referred to as Total
Nitrogen Blanketing.
Care for quality of edible oils during storage is especially important
for refined oil products. Major sources of deterioration may be brass
sampler, reheating and contamination in pipe line and by absorption
of oxygen. B.L Agro Oils have drafted their set of code of practice
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bringing together elements of good design of physical facilities and
of good operating practices.
To eliminate any dissolved oxygen content, B.L Agro Oils starts
nitrogen blanketing right from deodorization step.
Current Market At present Mohan Dhara is a popular brand in many parts of Uttar
Pradesh, Uttarakhand and Delhi. Mohan Dhara is marketed through
a vast network of distributors and retailers. The high customer
acceptance and the promotional schemes offered by the company
motivate the channel partners to work with great deal of enthusiasm
to push the sales of Mohan Dhara.
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Balance Lite
Balance Lite is a fast growing brand that has facilitated the advent
of B.L. Agro in the Blended Oil segment
The Blends in Balance Lite - Their Selection & Benefits One Indian oil that is highest in Omega 3 fatty acid and lowest in
saturated fatty acids and most stable oil is none other than mustard
oil. Hence, to meet our daily dietary requirements of the aboveselection of one of the blending components is definitely the
mustard oil. The second one may be either great health oil, the Rice
Bran or the soya oil. The other choices for second blending oil may
be any of the following high monounsaturated fatty acid oil i.e.
Groundnut, Sesame or Palmolein.
The Benefits: 1. Balanced fatty acid intake
a) Essential fatty acid intake (which human body is unable to
produce and has to depend only external sources
b) Desirable Omega 3/Omega 6 ratio intake
c) Consumption of oil/absorption of oil in and /on the productreduces making the product less calorified
2. Both the Rice Bran & Soya oil are available in refined form. As
the refined oils have quite a high smoke point therefore increases to
the desired level of frying temperature capacity of the blend making
the raw Mustard oil eligible and capable for high temperature frying
and cooking.
3. Blending of oils offers more such range of micronutrients as it
contains of both of the oils.4. The stability of the oil under normal conditions and during frying
is enhanced.
5. The stability of the food product which is being prepared fromthe blend oil increases.
6. Blended oils are best for frying purpose because it tolerates high
temperature without breaking down.
Nourishing Abilities of these Blends
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Aviral Dhara - Palmolein and Mustard Oil
Aviral Dhara brand of edible oils comes with two variants ± Pakki
Ghani Mustard Oil and Palmolein Oil. Having gained instantacceptance in the market, the brand is on a steady growth chart.
Pakki Ghani - Pakki Ghani Mustard Oil is extracted from mustard
seeds by employing processing technology of oil expellers only. All
the goodness of mustard oil is there in pakki ghani oils as well. The
only differences lies in its pungent odour. It is made especially for
those who don't like the strong smell and taste, otherwise it is as
good as that of kachchi ghani oil.
It contains the so desirable essential fatty acid (which the human
body cannot synthesize) and in good numbers. It contains the veryvital Omega 3 in highest proportion among all the edible vegetable
oils (12%). And it is very high in monounsaturated fatty acid (65%)
and lowest in saturated fatty acid (5%).
It is therefore, rated even better then the olive oil.
It also has high amounts of Vitamins A, E & K.
It also has rare minerals like selenium, magnesium, zinc,
manganese, iron, calcium and phosphorus.
It is one of the most stable edible vegetable oils because of high
amounts of antioxidants it possess. Its shelf life is very good.
It is heart friendly. It is anti-carcinogenic. It is anti microbial.
It is a medium of preservation. Mustard oil, therefore, is widelyused in preparation of pickles, chutney and other preparations.
It has a high smoke point, i.e. it burns at high temperature which
means that it is good for frying and deep frying purposes.
At B.L. Agro, the sourcing of Pakki Ghani Mustard Oil and
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fatty acid. Moreover, the extra heavy content of Rice Bran oil will
also help mustard oil to be more stable toward oxidation. Therefore,
we plan to have or blend of the two as well.
Mustard and Olive Oil:
One another good oil considered is olive oil as it contains maximumamount of monounsaturated fatty acid, oleic acid 71% but at the
same time it is deprived of Omega 3 fatty acid. Therefore, to make
olive oil also balanced healthy oil it has got to be blended with
mustard oil. This blend will be wonderful.
Rice Bran and Flax Seed Oil:
The oil which has the maximum amount of Omega 3 fatty acid is
flaxseed oil but because of seed high content of Omega 3 fatty acidis stability is very poor. Therefore, to get it stabilized so that candeliver its maximum benefit its blend with Rice Bran oil will help
consumer to take in adequate amount of Omega 3 fatty acid.
Rice Bran Oil and Soya Oil: We also have a plan to come out with a blend of Rice Bran Oil and
Soya Oil to enhance the self life of soya oil.
Product Development Process First of all we have pondered upon the strength and weaknesses of
individual edible oils and selected a few possible blends.
Then in the next step we have blended them in the desired
proportions and done all the experiments at laboratory level to
check it's properties, nutrition values and stability & shelf life.
In the third step the actual cooking/frying/deep frying is done and
the frying properties and behavior is studied. How much oil is
consumed, how much oil is absorbed by the material prepared by
frying/cooking in the blend medium.
Finally, we have done all the above three excesses in other
oil/blends to see the comparative results. And then based on the
above results corrected/amended the blend ratios.
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Now we are sure that what we are going to introduce are the best
blends under current government regulations.
This whole R & D on new product development is performed to the
reputed oil & fats R & D house FARE Labs Gurgaon.
B.L. Agro Oils Ltd. is also one of the selected oil players in the
country that have been granted the Blending License. With finest
refining processes, unmatched trust on quality control, and well-
oiled distribution mechanism, Nourish Delite is expected to grow
into a successful edible oil brand in the pan-India markets.
The company is all set to begin its journey with a test launch in the
metro markets of India.
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CHAPTER 5
LITERATURE SURVEY
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Customer satisfaction
Customer satisfaction is the key to success. Getting your customer to tell you what¶s good about your
products or services, and where you need improvement . Helps you to ensure that your business measures
up to their expectations. The Attached file contains a customer satisfaction survey form designed to help
gather This important information. it was designed to make it easy for customer to fill out and to make it
easy for you to quickly customize to exactly match your company activities. It also includes suggestion
for distributing the form. Ensuring that customer that will return the form, and following up on comments.
Here are a few principles given by S teve smith.
The goal is to exceed customer expectation.
The more the employee satisfaction, the more the customer satisfaction.
Customer satisfaction is necessary, but not sufficient how many times do
Satisfied customer switch brands? Answer, a lot.
All initiative must be derived from defined problems. For instance ,
Dissatisfied customers don¶t buy. That¶s an example of a clear problem.
Initiative must produce either measurable or conceptual benefits. Distinguish between the two
benefits types.
The plan must be clear and congruent.
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The plan must be resonate with the VP and at least a minority of managers who agree with the
objective and initiative.
The following items amplify customer satisfaction given by Steve smith
Quality of a company¶s product and services
Quality of the relationship between the co agent the customer.Responsiveness
Thoroughness Creativity
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CHAPTER 6
OBJECTIVES AND SCOPE
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OBJECTIVES
1-increase sale of the product
2-create regular demand of the product
3²create steady demand
Increase employment opportunity in the societry
4²aims at increanng the quality of the product
5²reduce black marketing
6²maintain the goodwill of the company
7²aims at quality improve ment
The main objective of the study is to know about the recruitment,advertising and sales promotin strategies adopted by BL Agro, India. The study
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will help to analyze the overall development of the employee¶s satisfaction level
& the general feeling about the various policies of the company. The survey
about the employee satisfaction will help the organization to know about the
overall development and satisfaction level amongst the employees about the
human resource development will help the management to take necessary
actions.
The specific objectives of the study are: -
To know the functioning of HRD in company.
To get familiar with the work structure.
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SCOPE
Scope of the work include the study of demand of B L Agro product with its
competitor¶s product in order to drive
the clear picture of the market share of
B L Agro and its competitor .
It is
hoped that this work will help
organization in differentiating the
actual demand with standard
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PURPOSE OF THE STUDY:
1. Trade presence of B L Agro oil
2 . Customer tast & preference analyzing on the basis c of feature of
product & price
3.Maketing mix analyzing
4. Channel strength analyzing
5. Schmes & discount analyzing in Bareilly W. R .F to its operating
competitors
6.Impact & importance of advertisement on sale of B L Agro edible
oil
7. Price mapping & analyzing
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8.Importance of communicating mix & Advertisement upon sale
&customer prefrance
CHAPTER 7
RESEARCH METHODOLOGY
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RESEARCH METHODOLOGY
There are various number of research methods to conduct
any study Research is to explore various functions of adv, which have
been, adopted by the company to assess the involvement of the
employees of the Organisation.Tools of Data Collection
1. Primary Source.
2. Secondary Source.
Primary Source:-
Primary source is the source, which is collected for the first time.
Primarysource includes questionnaire, personal interview, observation,
circulars etc.
Secondary Source:-
Secondary source is the source which is not collected for the first time
like journals, books etc. To ascertaining the company profile and product study, I took the help of data published in the company
journal and various other articles published in magazines.
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SWOT ANALYSIS
SWOT stand for the strength, weakness, opportunities and threats. The analysis
of strength and weakness focuses on internal factors that give the Organization
certain advantage and disadvantages in meeting the needs of its target
market. This factor derived from the environmental analysis in the precedingportion of the market plan. This allows the organization to determine what it
does well and what it needs to improve.
STRENGTH:
Strength refers to competitive advantage or distinctive competencies that give
the firm an advantage in meeting the needs of its target market. Any analysis of
the company strengths must be customer focused because strength are only
meaningful when they assist the firm in meeting customer needs.
WEAKNESS:
Weakness refers any limitation that a company might face in marketing strategy
development
or implementation. Weakness should also be examined from a customer
prospective because customer often perceives weakness that a company
cannot see. It suggests that all firms should tie their strengths and weaknesses
to customer requirements. Only those strengths that relate to satisfying
customer should be considered true competitive advantages. Likewise,
weakness that directly affects customer satisfaction should be considered true
competitive disadvantage.
OPPORTUNITIES:
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Opportunities refer to favorable condition in the environment that could produce
reward for the organization if acted upon properly. That is, opportunities are
situation that exist but must be acted upon in order to benefit the firm.
THREATS:
Threats refer to condition or barrier that may prevent the firm from reaching its
objectives. Like opportunities, threat must be acted upon to prevent them from
limiting the capability of the organization.
The SWOT analysis framework has gained widespread acceptance because it
is simple and a powerful tool for marketing strategy development. However, likeany planning tool, SWOT is only as good as the information contain within it.Strength
Industry leader in Oil manufacturing
Superior product quality.
Best talent in the industry.
A bunch of qualified professionals with employee age varies to all ages.
Superior understanding of the market.Weakness
Customers are less aware about new products that is used by company.
The salary structure of the executive is below their expectations.
Sales being fallen in Ghee Sector.Opportunity
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CHAPTER 8
DATA ANALYSIS AND DATA INTERPRETATION
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. A ¡ ¢
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$ $
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$ $
.$
The same in%
& '
mati&
n is presented in the form of diagrammatically as follows
68
32
Yes
No
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2(
which different brands of edible oil do you stock )
Table-10 2
Frequency Percent Valid
Percent
Cumulative
Percent
Valid saffola 22 220 0 22
0 0 22
0 0
B L Agro 1 2 1 2 0 0 1 2 0 0 6 1 0 0
Mohan
light
21
21 0
0 21 0
0 880 0
vital 12 120 0 120 0 1000 0
Total 100 1000 0 100
0 0
The same information is presented in the form of diagrammatically as follows
3(
what is the size of B L Agro oil packe do you more prefer to stock 2
Table-10
3
22
42
24
12
Frequency
saffola
B L Agro
Mohan light
vital
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Frequency Percent Valid
Percent
Cumulative
Percent
Valid 500 ml 12 12.0 12.0 12.0
1 lit3 15 15.0 15.0 27.0
5 lit 4 53 53.0 53.0 80.0
15 lit 07 07.0 07.0 87.0
20 lit 13 13.0 13.0 100.0
Total 100 100.0 100.0
The same information is presented in the form of diagrammatically as follows
15
16
6
3
7
13
Frequency
500 ml
1 lit.
5 lit.
15 lit
20 lit
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4. factors affect the customer preference?
Table-1.4
Frequency Percent Valid
Percent
Cumulative
Percent
Valid brand 17 17 17 17
Price
economical
22 22 22 39
availability 7 9 7 9 7 9 88
Others 12 12 12 100
Total 100 1008 0 100 8 0
The same information is presented in the form of diagrammatically as follows
Frequency
brand
Price economical
availability
Others
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5. Availabilit of B L Agro edi ble oil i t e market ?
9
@
A B
C D E .
F
G
H
C I
P
C n
Q
R S C
H
Q C n
T
U
@
B
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H
Q C n
T
W
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B
@
T
iv C
S C
H
Q C
nT
V alid E@ Y
iB
R
@
v @
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A B
C
43 43.0 43.0 43.0
Av @
iB
@
A B
C
49 49.0 49.0 92.0
̀
oT
Av @
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@
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C
8 8.0 8.0 100.0
9
oT
@
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E a a
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E a a
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The same information is presented in the form of diagrammatically as follows
43
49
8
Eab ily availabl
c
Availablc
Not Availablc
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6. Do you know whi h sales promototoinal activities does the company under take from
B L Agro oil ?
Table-1.d
e
f equeng
h i ercen
p
q
alir
i
ercenp
s umulativ e
i
ercent
V alid i rice off 11 11.0 11.0 11.0
s
redit
f acility
20 20.0 20.0 31.0
ad v ertit e
ment
8 8.0 8.0 39.0
coupont 37 37.0 37.0 76.0
Others 24 24.0 24.0 100.0
Total 100 100.0 100.0
11
20
8
37
24
requency
Priu v
off
Credit facility
advertisement
coupons
Others
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7. whi h schemes are available i the market at present to attract the customers?
Table-1.10
w requency
x ercent
y
alid
x ercent
umulativ e
x ercent
V alid cratch
card
37 37.0 37.0 37.0
ucky
draw
k y 5 35.0 35.0 72.0
w lat
discount
12 12.0 12.0 84.0
R e sale
cane
14 14.0 14.0 98.0
other 2 2.0 2.0 100.0
37
0
12
142
requency
Scratch card
Luck y draw
Flat discount
e sale cane
other
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9. o y ou think that adv ertisement aff ects the sale of B L Agro oil?
requency
ercent
alid
ercent
umulativ
e ercent
V alid Y es 88 88.0 88.0 88.0
o 12 12.0 12.0 100.0
Total 100 100.0 100.0
requency
Y es
No
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10 .Do you think that pr ice affect the sale of B L Agro?
Frequency
ercent
alid
ercent
umulativ
e ercent
V alid Y es 60 60.0 60.0 60.0
o 40 40.0 40.0 100.0
Total 100 100.0 100.0
60
40
100
Frequency
Y es
No
otal
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11. Do you get timely delivery of B L Agro oil ?
Frequency Percent Valid
Percent
Cumulativ
e Percent
Valid
es 82 82.0 82.0 82.0
No 18 18.0 18.0 100.0
Total 100 100 0 100
0
82
18
100
Frequency
Yes
tal
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CHAPTER 9
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OBSERVATION AND FINDING
1. Total market of B L Agro is good
2. Analysing of market sows that;
y In case edible oil , B L AGRO is having less market
share as compared to its other
y Vital is major competitor for B L Agro as it has good
market share and is also having good brand image so it
is a major threat for future of B L Agro
y case of mustered oil there is no other competitor of B L
Agro in market
3. The delivery of B L Agro oil to retalier doorstep 90% only
10% retailer do not get at their doorstep they are buying from
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the market
4. 81% of retailer are satisfied with the way of B L Agro
product are delivered , 19% are not satisfied
5. 81% retailer¶s are satisfied with the quality they are selling
currently
6. 75% of distributer¶s are satisfied with the quality of service
provided by the company
7. 85% customer are satisfied with the quality of B L Agro oil
CONCLUSION
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SUGGESTIONS