NOVA Internship Report
NOVA Internship Report
ON
AT
Submitted to
Jiwaji University
Gwalior
For the partial fulfillment of the award of Bachelors of Business
Administration 2018-2021
Submitted By
Vikash Mishra
Declaration
I hereby declare that the training report entitled, “Market Analysis: Sales Development” submitted by
me to Prestige Institute of Management, Gwalior in fulfillment of the requirement for the award of
Bachelors of Business Administration is a record of my original work carried out by me under the
guidance of Dr. Pooja G Luniya I, further declare that the work reported in this report has not been
submitted, and will not be submitted, either in part or in full, for the award of any other degree or diploma
of this University or to any other institute or university.
Date: 22/01/2021
Vikash Mishra
ii
CERTIFICATE
This is to certify that Mr. Vikash Mishra Student of BBA program has completed his summer
training of 6 Weeks from 09th July, 2020 to 22nd August, 2020 and prepared this report entitled
Market Analysis: Sales Development under my guidance. His performance during the training
was excellent.
Date: 22/01/2021
guide Dr. Pooja G Luniya (Assistant Professor), for his invaluable guidance, advice and support
throughout the training. We would like to express our sincere thanks to Nova Officers, Mr.
Aditya Shukla & Mr. Abhishek Pandey for giving us this opportunity to undertake this
Training. We are very indebted to our Director, Dr. S.S.Bhakar who extended all supports
required at institution level. Last but not the least: thanking them again for their encouragement
1
1.1 History
The dairy sector in the India has shown remarkable development in the past decade and India has
now become one of the largest producer of milk and value-added milk products in the world.
The dairy sector has developed through co-operatives in many parts of the country. During
1997- 98, the states (delhi-haryana-uttar pradesh)had 17574 million tones production capacity
which rose to 29719 millon tone by the year 2012 in addition to many processing plant.
Many government co-operative societies and chilling centers have been made.
In India, the dairy sector plays an important role in the country's social-economic development
and constitutes an important segment of the rural economic. Dairy industry provides livelihood
to millions of homes in village, assuring supply of the quality of milk and milk products to both
urban and rural areas. With view to keeping pace with the country’s increasing demand of the
milk and milk products, the industry has being growing rapidly.
According to research ‘Indian Dairy Analysis” India is world’s largest milk produces accounting
of the around l 7% of the global milk production. Besides, India is also one of the largest
consumers of milk and milk products. Due to rich nutrition qualities, the consumption of dairy
product has being growing exponentially in the country, and considering such facts and figures,
study anticipates that the milk production in the will grow at a CAGR of around 5% during 2012
to 2016.
Sterling Agro Industries was set up in 1991, and acquired by the current management in
1994.Sterling currently has a capacity of 2.4 million litres per day of milk, making it one
of the largest players in the private sector in India. Sterling is promoted by Mr. Kuldeep Saluja
and Mr. Laxmi Narain Kesarwani. The company was launched in the year 1994 with a
turnover or INR l8mn (USD 0.42 mn).Before starting its first plant in 1994, at Kundli (Haryana),
the promoters were involved in procuring dairy products from other manufacturers and then
distributing the same through a wide chain of distributors and dealers spread all over the
country.The company has grown by leaps and bounds, with its turnover reaching a record high
lNR 7 ,050 mn (USO l 63.80mn) by 2007-08,thereby registering a very impressive compounded
annual growth of 23 percent from 2003-08. Sterling mostly markets its products under the brand
name "Nova", a well-respected name in dairy products, in India. Sterling has consistently
extended its portfolio of products in keeping with the changing trends in the market.The
company is owned and managed by promoters having over 35 years or experience in the field
of dairy products. The company currently produces Skimmed Milk Powder. Instant Skimmed,
Milk Powder, Partially Skimmed Milk Powder, Full Cream Milk Powder. Instant Full Cream
Milk Butter Milk Filled Powder. Instant Fat Powder, Dairy Creamers. Dairy Whitener, all kinds
of Blended Milk Powders. Ghee (milk fat). White Butter, and Butter Oil /AMF. The company
has a strong procurement network, extending to 150,000 Farmers across 120 Chilling Centers
The company has an extensive pan India network of distributors and is also exporting to 33
countries. Sterling Agro has a considerable both in the bulk with a presence and consumer
markets network of over 1,000 dealers/distributors and more than 18,000 retailers spread all over
India.
1.2 Organizational Structure
Board of Managing
Directors Director
Asst.
Asst. Manager Asst. Manager
Manager (diary Plant)
(P& A) (finance)
&
Marketin
g
2.1 Financial Performance
Sterling Agro has flourished under the able leadership of Mr. Kuldeep Saluja (Managing
Director) and Mr. Laxmi Narain Kesarwani (Chairman) who have more than 30 years of
experience and expertise to their credit in the field of dairy products. The company was launched
in the year 1991 with a turnover of 1.8 Crores. Gradually, the company grew by leaps and
bounds reaching a record high Rs. 714 Crores by 2008-09, thereby registering a very impressive
compounded annual growth of 37 percent. The total paid-up capital is INR 37.17 cr. The
company also has secured loans in the amount of 822.70 cr.
The last reported AGM (Annual General Meeting) of the company, per our records, was held on
30 September, 2016. Also, as per our records, its last balance sheet was prepared for the period
ending on 31 March, 2016.
The primary purpose of financial department is to monitor & report on financial positions of the
mother dairy & to provide an excellent level of service to their public customers & customers in
other City Departments. It can be acquired through various sources. After the acquisition of
finance, the work of Utilization of finance is to be decided. The finance department has to deal
with not only the procurement of the finance but also with the proper utilization of it. Finance is
the basic requirement for the purchase of assets, production of goods, marketing, selling etc. The
finance department takes the decision regarding financial matters. Thus we can say that financial
department is one of the most important department.
Main Areas Covered by Financial Department in Dairy
2.2 Personnel:
2.2.1 Recruitment
Recruitment is the process of searching for prospective employees & stimulating them to apply
for thye job in the organization. Recruitment of an employee is done on the basis of “Human
Resource Planning” carried by Nova Dairy Management. At Nova Dairy recruitment is done
through both sources i.e Internal as well as external sources. Internal-Recruitment employees
internally like promotion, transfers, etc.
External-Recruitment employees from Job Portals, Employment Exchange , Campus
Interview,Advertisements.Dairy uses External Source of recruitment mostly.
2.2.2 Training & development
Dairy scenario is no different with the fact that India is the number one in the milk production in
the world with almost negligible share in the international trade on account of stiff competition
in the market – domestic and international. Looking at the statistics, India’s production of
approximately 132.47 MT in the year 2012-13 is around more than 17% of the world milk
production (World Milk Production for the year 2012: 760 MT). With further anticipated growth
in the milk production at the rate more than 4% and the fact that a substantiate number of
experienced professionals at various level will retire or superannuate in the next few years, it is
high time and prudent to have a well thought out plan for the industry on training and
development.
In view of this a Training Need Assessment exercise was undertaken by the Western Region of
the Dairy Board with following objectives:
To understand the training, learning and educational needs and to identify performance
requirements and the Knowledge-Skill-Ability (KSA)
To design and implement learning and development programs that are aligned to build people
capability
Training & Development (T&D) being heart of a continuous HRM efforts, it helps design to
improve employee competency, morale and thereby organizational performance.
Appropriate Training and the Development activities provides learner with the knowledge and
skills, both current and future, needed for their present jobs and beyond.
Help meet social obligations through systems resulting in improvement in quality, reduction in
losses, reduction in energy conservation, reduction in pollution, enhancement of product
safety..etc.
Training Need Assessment and the ultimate outcomes envisaged
It is abundantly clear that implementation of the activities aligned with the objectives on
Training & Development would result critically into available adequate numbers of quality
human resources that would assume the responsibilities to deliver following key-outcomes:
Meeting milk demand through domestic production that is economically efficient and
internationally competitive.
Ensuring livelihood opportunities through an inclusive approach so that milk producers including
the poor and marginal gain access to market on terms that are fair and earn a steady flow of cash.
Ensure efficiency in milk processing to provide milk and milk products of international quality
in conjunction with food-safety at competitive rates
Help organization carry out balance in economic, environmental and social imperatives through
implementation of various management systems which include ISO 9001. ISO 22000, ISO
14001, ISO 50001, OHSAS 18001.
Quality Policy
The safety of our dairy products is assured through regular reviews and quality control in
accordance with the Prevention of Food Adulteration Act of India. Sterling Agro does not
employ artificial means of production or use synthetics in producing any of its products. Priority
is given to identification and taking corrective actions for perceivable risks with the aim of
preventing accidents and production safety. Apart from this, our products are checked for
bacteriological tests such as standard plate count, coliform and bacterial spore counts, chemical
tests such as tests for fat%, SNF%, protein and ash and tests for adulterants such as
preservatives, neutralizer and urea.
Environmental Policy
We, at Sterling Agro, are fully aware of the importance of a safe and healthy environment and
our Environmental policy ensures that products are manufactured in harmony with nature. Some
of the initiatives to ensure the same have been installation of a Windmill in Maharashtra for
pollution free electricity and a water RO plant which treats all waster water produced at our
Malanpur Plant.
Product Line
MILK
Ghee
Dairy Whiter/Creamer
Skimmed Milk Powder
Butter
Butter Milk Powder
Butter Oil/AMF
Paneer
Dahi
Lassi & Chach
Flavored Milk
Milk
Nova liquid milk is the latest addition to our family of quality products. Like all our offerings,
every drop of Nova Milk is fortified with the goodness of taste and the wellness of health. Nova
Milk packs a healthy punch with protein, calcium, riboflavin, folate, essential vitamins &
minerals. Sourced right from the farmers, Nova Milk is pasteurised at our state-of-the-art
processing plant at Kasganj, Uttar Pradesh, and hygienically packed, making it the first choice of
thousands of Indian consumers.
Nova Milk comes in 3 variants – full cream, toned and double toned.
GHEE
Ghee is a Sanskrit word for a clarified butter used primarily in the Indian cuisine. Because the
preparation of ghee involves heat, it has a distinctive toasted flavour, often described as nutty
and is widely used in Indian kitchens. It is traditionally prepared by gently heating butter until it
becomes a clear golden liquid. The lactose and other milk solids coagulate and are meticulously
removed. This process also evaporates most of the natural water content, making ghee light, pure
and resistant to spoilage.
Packaging Available
Besides this, for bulk orders, the product can be packed in different sizes of packaging.
Butter
Sterling Agro is a bulk supplier of Butter to its esteemed institutional clients, such as Britannia,
ITC, Cadbury, Mother Dairy, to a name a few. Besides this, butter is also exported to various
companies across the world.
Product
Packaging Available
Nova Dairy Whitener is a creamy Dairy Whitener specially made to add a rich, smooth taste to
your tea or coffee. The product specification is as follows :-
Fat - 20%
Sugar - 18%
SNF – 59%
Packaging Availaible
Nova Dairy Whitener – 500gm Tin, 10kg Tin and 500 gm Laminate pouch.
This product can also be packed in different sizes according to buyers’ needs &
specification.
Dairy Creamers
Sterling Agro markets Dairy Creamers under the brand names of “Nova Dairy Rich”, “Nova Milk
Mix”, “Nova Dairy Mix” and “Nova Dairy Creamer”. These are proprietary foods with lower FAT
content and are ideal for a low fat tea or coffee. “A-One Dairy Creamer” is another brand name
with a different recipe being marketed in selected areas.
Dairy Creamers We would like our consumers to know that, in comparison to the 25gm Dairy
Mix Creamer, most of the similar products available in the market today provide only 20gm of
the same product at the same MRP.
Packaging Available
Nova Gold & SuperUnder the consumer category, Sterling Agro manufactures high quality
Skimmed Milk Powder (SMP) in 3 variants –
All of the above confirm to BIS grade, IS:13334 (Part 1):1998 and are readily soluble in
lukewarm water.
Skimmed Milk Besides the above, we also manufacture SMP for the domestic and
international bulk consumer such as bakery, confectionary and other dairy companies. Few of
our esteemed clients (India and Overseas) include GlaxoSmithKline, Nestle, Cadbury and
Unilever. Under the bulk SMP section, the product categories include –
Regular Skimmed Milk Powder (ADPI Extra Grade / ADPI Standard Grade)
SMP - Medium Heat (for products like condensed milk and ice cream)
SMP - Low Heat (for products like cheese and yoghurts)
Instant Skimmed Milk Powder
Partially Skimmed Milk Powder
For Domestic Market – Paper coated HDPE woven sack with separate heat sealed
inner poly liner.
For International Market – Multi-wall Kraft paper bag with separate heat sealed inner
poly liner, sea worthy bags.
This product can also be packed in different sizes according to buyers’ needs & specification.
Product
WMP
FCMP
For Domestic Market – 25 Kg, Paper coated HDPE woven sack with separate heat
sealed inner poly liner.
For International Market – 25 Kg, Multi-wall Kraft paper bag with separate heat
sealed inner poly liner, sea worthy bags.
This product can also be packed in different sizes according to buyers’ needs & specification.
Butter Oil / AMFAMF stands for Anhydrous Milk Fat and AMF or Butter Oil consist of
more or less pure milk fat. Sterling Agro has been an exporter of Butter Oil / AMF and
possesses the requisite facilities for manufacturing the same.
Packaging Available
The product can also be packed in different sizes according to the buyers’ needs &
specifications.
Nova Paneer
Paneer is a fresh cheese common in South Asian cuisine. It is an un-aged, non-melting curd
cheese made by curdling heated milk with lemon juice, vinegar, or any other food acids. Its
crumbly and moist form is called cottage cheese or chhena in eastern India. It is used for
years to make variety of nutritious foods.
NOVA Paneer has a very attractive look of white color, good taste and very famous amongst
all the milk products. It is ready to eat and delicious hot or cold. Nova Paneer is a rich source
of calcium, phosphorus, vitamins, minerals and protein which are required by the body in
high proportions for healthy growth and development.
Packaging Available
This product can also be packed in different sizes according to buyers’ needs & specification.
Nova Dahi / Nova YoghurtThe word Dahi is derived from the Sanskrit word dadhi, one of
the five elixirs, or panchamrita, often used in Hindu ritual. Dahi also holds cultural
symbolism in many homes. Fermented dairy products have long been an important
component of nutritional diet. The modern microbiological processes have resulted in the
production of different
fermented milk products of higher nutritional value under controlled conditions. These
products represent an important component of functional foods.
Nova Dahi is a healthy food made by adding a starter culture to pasteurized & standardized
milk. To keep the bacteria alive, keep yogurt refrigerated and eat it soon after the container is
opened.
Intense research efforts are under way at Nova to develop dairy products into which pNova
Dahi / Nova Yoghurtrobiotic organisms can be incorporated to make them more valuable
while at the same more benefits can be derived by the consumers through their regular intake.
This product can also be packed in different sizes according to buyers’ needs & specification.
Nova Lassi/ Nova ChachNova Lassi is a popular, traditional, curd -based drink. Nova Lassi
is a blend of curd, water, sugar or salt & spices. Traditional lassi ( "salted lassi", or simply,
"lassi") is a savoury drink, sometimes flavoured with ground and roasted cumin. Sweet Nova
lassi, however, contains sugar or fruits, instead of spices.
Nova Chach is a popular drink in India, known to aid digestion and is excellent refreshment
in the scorching Indian summers. NOVA produces chach by using Nova Dahi which is made
by adding a starter culture to pasteurized & standardized milk. Freshly made chaas is filled
with countless numbers of beneficial probiotics that help digestion and kill harmful viruses.
To gain the benefits of chach, choose NOVA chach that contains live active cultures. People
taking antibiotics (which can destroy healthy bacteria in the body) are often advised to eat
yogurt or
drink chach to replace the healthy bacteria. Flavoring ingredients such as asafoetida,
coriander leaves, ginger, curry leaves and sea salt are mixed with chach to enhance its
digestion-aiding properties.
This product can also be packed in different sizes according to buyers’ needs & specification.
Flavoured Milk
NOVA Flavored Milk offers a fresh experience, with no artificial flavors, colors or
preservatives, the drink is a unique combination of great taste and nutrition. The benefits of
milk have been made available in a sterilized bottle form which the kids would love. As the
most popular milk choice in schools, flavored milk is a highly palatable, nourishing beverage
that can help children to meet current daily dairy food and calcium intake recommendations.
2.4 Marketing
2.4.1 Areas of Operation
Sterling Agro popularly known as NOVA in India Setup their plant in Uttar Pradesh, Madhya
Pradesh & Haryana, to cover whole india as well as exporting their Milk products to various
countries.
Place: These places are strategically chosen to deliver milk products to 29 states of India as
well as to fed up their products to their strong Network of 18000 Retailers & more.
Price: Pricing strategy of the Nova Milk Products as compared to competitors is always on
lower side.
Promotion: Promotion is done on the basis of Pricing, Quality & Product Line, B2B, B2C
Selling, Advertisement.
People: They take care of their retailers & employees by giving more commission on the
product as compared to other Competitors Milk Product.
Product: Product Standards as per the norms i.e. also equivalent to market leaders & broad
product line. EX: - Butter lowest cost pack comes in Rs.5 where as Amul has lowest Cost
Butter Pack comes in Rs.10.
Competitors are: -
o Gujarat Cooperative Milk Marketing Federation Ltd.
o Mother Dairy Foods Processing Ltd.
o Paras Dairy
o MilkFed (Verka)
o Nestle India Ltd.
o Heritage Foods India Limited
o Hatsun Agro Product Ltd
Chapter III: SWOT Analysis of Dairy Industry
Strength Weakness
Opportunities Weakness
The dairy industries companies run mainly on the factors such as availability, service
frequency, affordability, taste and marketing. Availability is plays a vital role because
purchasing power is depend upon availability of that product, in case distributors and
retailers service matter a lot. Retailing includes all the activity in selling goods or service
directly to the customers or personal nonbusiness use. A retailer or retail store is any business
enterprises whose sales volume comes primarily from retailing. Retailers are the part of milk
marketing channels and perform the work of moving goods from producers to the customers.
It overcomes the time, place and possession gap that separates goods and service from those
who needs or wants them.
The distribution channel of NOVA holds a lot of potential in affecting the demand or sales of
NOVA Milk products through delivery on time, delivery of variety of products, the retailer
friendliness of the policies being set by the distributors and equitable distribution of products
to all the retail outlets in a particular region, to name a few. So, In order to plan retail
coverage we map out the positions of Nova outlets and competitor’s outlets.
Chapter V: Conclusion
5.1 Conclusion (NOVA)
A better Marketing Strategy (promotional strategy) will surely be helpful in solving the problem
faced by organization i.e. about brand value & its customer’s perception towards its Nova
Sterling Milk products as compared to the other competitors like Amul. As the study is totally
based on Gwalior region, sometimes timely delivery of the product is also questionable but can
be resolved by improving Distribution side delay. This would definitely improve the sales &
gradually will be positioned equivalent to other competitors, as Indian Diary Industry will see
cream run according to report by CRISIL published on dec21,2015.Apart of this Post GST there
is decrease in tax about 2.5% on Milk Products in Southern India that can be grabbed as an
opportunity to promote their product.
BIBLOGRAPHY
1. http://www.thehindubusinessline.com/economy/agri-business/indias-milk-processing-
capacity-set-to-jump-by-2019-crisil/article8014130.ece
2. https://www.planetexim.net/product-data/india-exporter/spray-powder.aspx
3. http://www.steragro.com/index.html
4. http://www.indiadairy.com/ind_swot.html
(ANNEXURE NO.1)
COURSE BBA V
SECTION A
MENTOR Dr. Rahul Pratap Singh Kaurav
SCHOLAR 41210107813
MOBILE: 7354531240
EMAIL ID [email protected]
BATCH 2018-2021
SPECIALIZATION MARKETING
Int
3. 11 July Saturday Off
27. 04 August Analyse the market of last month and prepare a report
35. 12 August Make the presentation on the drawback of last month and
present it to HR
43. 20 August Spent whole day with Abhishek Pandey sir in Plant
45. 22 August Collect our Certificate and gift hampers and say Thanks
to Aditya Sir and Abhishek sir
You are requested to give your valuable feedback on following parameters on a scale of 1 to 5 where 1
indicates the strongly disagree for the statement and 5 indicates for maximum agreement for the student’s
performance who has undergone training in your valuable guidance.
Batch: 2018-2021
1. Whether the student have reported before he proceeded for summer training.
a. YES
b. NO
2. Whether the Student get the approval for Topic of Summer Training
a. YES
b. NO
3. Kindly mark the performance of the student for following Parameters on a scale of 1 to 5
a. Regularity and Punctuality during training including reporting and submission of Weekly
wok report
1 2 3 4 5
1 2 3 4 5
1 2 3 4 5
d. Behavior
1 2 3 4 5
1 2 3 4 5
Overall Remark on Student performance
……
Satisfactory…………………………………………………………………………………………
……………………………………………………………………………………………
Date: 23/01/2021
Place: Gwalior (M.P.)
Dr. Pooja Luniya
(Faculty Guide)