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Category: Business and Industry
Date Submitted: 04/11/2013 10:58 AM
INDIAN HOME PRODUCTS LTD. –
CASE STUDY
Submitted by:
SANJEEV KUMAR
Roll No – U811029
EPWP 11-12
Xavier Institute of Management,
Bhubaneswar
INTRODUCTION:
Indian Home Products (P) Limited was a leading manufacturer of
consumer products in India. The company was engaged in the
production of soaps, detergents, cosmetics and medicinal
products. IHPL had a large distribution network covering all the
major towns with a sales force that service over 30,000 retail
outlets all over the country.
Marketing Manager was planning to add new products to the
company’s product line. Management felt that liquid shampoo
was one product in view of its fast growth and increasing
acceptance in the market. However Marketing manager not able
to decide what kind of liquid shampoo to be launched.
FMCG Market in India
Fast Moving Consumer Goods (FMCG) goods are popularly named as consumer
packaged goods. Items in this category include all consumables (other than
groceries/pulses) people buy at regular intervals. The most common in the list are toilet
soaps, detergents, shampoos, toothpaste, shaving products, shoe polish, packaged
foodstuff, and household accessories and extends to certain electronic goods. These
items are meant for daily of frequent consumption and have a high return. The Indian
FMCG sector is the fourth largest sector in the economy with a total market size in
excess of US$ 17 billion. Availability of key raw materials, cheaper labour costs and
presence across the entire value chain gives India a competitive advantage. The FMCG
market is set to reach US$ 33 billion in 2015. Penetration level as well as per capita
consumption in most product categories like jams, toothpaste, skin care, hair wash etc
in India is low indicating the untapped market potential. Burgeoning Indian population,
particularly the middle class and the rural segments, presents an opportunity to makers
of branded products to convert consumers to branded...