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ONIDA SAKA LTD
         By Mohit Agarwal
              100808057
              Milind Goel
              100808056
CONTENTS
1.    HISTORY
2.    MANAGEMENT
3.    VISION
4.    MISSION
5.    MILESTONES
6.    TOTAL ELECTRONICS MARKET
7.    WASHING MACHINE MARKET SHARE
8.    INDIAN CTV MARKET
9.    FALL OF ONIDA
10.   RISE OF KOREAN COMPANIES
11.   RISE OF ONIDA
12.   KY THUNDER CASE STUDY
13.   DVD CASE STUDY
14.   UNIQUE INNOVATION
15.   FUTURE STRATEGIES
16.   REFERENCES
HISTORY
•Onida was started by G.L. Mirchandani and Vijay
Mansukhani in 1981 in Mumbai.
•In 1982, Onida started assembling television sets at
their factory in Andheri, Mumbai.
•Since then, Onida has evolved into a multi-product
company in the consumer durables and appliances
sector.
•Onida achieved a 100% growth in ACs
and microwave ovens and a 40% growth in washing
machines last year.
MANAGEMENT
• Mr. Gulu Mirchandani - (Chairman & Managing
    Director)
•   Mr. Vijay Mansukhani - (Managing Director)
•   Mr. G. Sundar - (Chief Executive Officer)
•   Mr. Vipul Mathur - (Vice President - Marketing)
•   Mr. Sanjeev K Jain - (Vice President - Sales & Service)
•   Mr. Manish Desai - (Vice President - Finance)
•   Mr. S.K Dhoot - (Vice President - Operations)
VISION
OUR VISION

•   To build a brand around substance.
•   To become a leader in our chosen field through
•   Synergistic businesses investment,
•   Differentiation through innovation
•   Through economies of scale and world class
    systems and procedures
MISSION
OUR MISSION
    To benefit society at large through:
•   Innovation.
•   Quality & Productivity.
•   Human Development and Growth
•   To generate sustained surpluses and always
    striving for excellence
MILESTONES
•   1981 : MIRC Electronics Pvt. Ltd. was established
•   1982 : CTV production started at Nand Bhavan, Mumbai
•   1983 : Technical collaboration with JVC, Japan for CTV
•   1985 : Established in-house R&D wing
•   1986 : Production expanded and moved to a new factory at Kalina
•   1987 : Moved to our own factory building "ONIDA HOUSE“
•   1990 : Tuner plant commences operation
•   1991 : Akasaka, PCB plant commences its operation
•   1992 : Crossed 1 million CTV sales
•   1994 : Moved to a fully automated Plant of 600K CTV per year at Wada
•   1994 : Moved to a fully automated Plant of 600K CTV per year at Wada
•   1995 : ISO 9001 certification obtained from BVQI
•   1998 : Award for excellence in electronics by ministry of IT
•   1999 : First in India to develop Internet enabled CTV
•   2000 : Launched the KY Thunder, Profile Series.
• 2001 : AV Max award for best CTV
  : Launched Onida Black, flat CTV range.
• 2002 : Completed plant expansion project to increase capacity
  from 600K CTVs to 1.2 million CTV's per year.
• 2003 : Launched world's first LCD remote „ i-Control ‟
• 2004 : Launch of the 'Oxygen Series' CTV
• 2004- 05 : Achieved 1.20 million CTV sales
• 2005 : Launch of 'POISON' range of CTV's
• 2009 : ONIDA's Brand relaunch campaign „ Tumko Dekha
  Toh Yeh Design Aaya' to communicate its philosophy of
  thoughtful product features that are designed keeping
  customers in mind.
• 2010 : Launched LED TVs with I-Care Technology.
INNOVATIONS
We were the first to launch:

•The Web cruiser TV, the world‟s first built-in Internet TV which
offers the benefits of a personal computer and a TV, and that
too, equipped with a modem, printer port and a cordless keyboard
with it.
•The Onida Twister was the first TV that turned to face the viewer;
we were the first to introduce SRS technology for surround sound in
Audio port.
•In 1999, we were the first to introduce the pure flat TV in the
country. The Candy was the first instance of any brand providing a
multi-colored cabinet option to its customers.
TOTAL ELECTRONICS MARKET
The Rs 35,000 crore durables and electronics segment
in India.
                         TURNOVER-2010

15,000
         10,891
10,000            9500

                          5702
 5,000
                                               TURNOVER-2010
                                 1855
     0                                  1515
WASHING MACHINE MARKET SHARE
                 WASHING MACHINE SHARE
  LG   SAMSUNG     VIDEOCON   WHIRLPOOL       ONIDA   GODREJ

                 4%
                        7%
                                        32%
          18%



             18%
                                  21%
INDIAN CTV MARKET
         COLOUR TELEVISION-2010
LG     SAMSUNG   VIDEOCON   ONIDA    OTHERS


           19%
                             28%

 11%


                               18%
          24%
FALL OF ONIDA
• In late 90s The Koreans mapped the strength and
  weaknesses of each Indian player across
  categories
• Eating into the share of established brands like
  BPL and Onida in colour TVs, and Godrej and
  Videocon in appliances.
• Lack in investment in R&D hurt them badly
• Lack in systems and processes with poor
  marketing.
RISE OF KOREAN COMPANIES
                  Samsung& LG 2010
       AC    REFRIGERATORS    WASHING MACHINE


                                   28%
            36%




                             36%




  KOREAN COMPANIES MARKET SHARE IN DIFFERENT SEGMENTS
RISE OF ONIDA
• "We are trying to break into the MBOs (multi-
  brand outlet) in Mumbai as well and are
  present in Vijay Sales and Reliance Digital
• "Being an Indian company, it‟s insights are
  better which lead to useful innovation
• It is the fourth largest air-conditioner brand in
  the country with 10% share in the market, fifth
  in washing machines with 8% share, and sixth
  in flat panel TVs with 6% share.
• "They tactically withdrew from categories where
  they thought that they will not be able to match
  the product strengths of their Korean counterparts.
• However, they did not let go of their core
  competencies. Instead of spreading themselves
  too thin, they maintained focus on their main
  categories,"
• A brand like Onida resorted to re-branding in an
  attempt to project a more youthful image,
• Moving away from its iconic 'Devil' (Neighbors'
  envy, Owners' pride) advertising
• More investment in R&D
KY THUNDER CASE STUDY
“A small change that was heard across the country.”

THE BACKGROUND:
The competition in televisions was fierce. But while people upgraded from Black
and White sets to color to stunning picture clarity, no one focused on giving the
complete audio/video experience.
THE TASK:
The simple reason why it was so because there was no more room for fitting
speakers on the TV. So instead of putting everything inside, the R&D team
simply fitted the sound behind the screen thereby giving a superb surround sound
effect.
THE RESULT:
The rest obviously is history. It caught on faster than wildfire, everybody wanted
to lay their hands on one, including the competition. The competition had to get
technicians from abroad to understand what went through it and by the time they
could copy the same, the market was already won. So much so that the brand
name became synonymous with the category itself.
DVD CASE STUDY
“Everything begins with a scratch. Even the best.”
THE BACKGROUND:
The market was filled with VCD players with DVD soon catching up to them. So
instead of studying the DVD player, we looked at the DVD. What we observed was
that people preferred to rent movies from video libraries to play them. And as a
result, these discs had scratches and were used often.
THE TASK:
We realised that the current discs fail to the challenge and then gave them a powerful
laser that could read between scratched layers and reads beneath the layers of data.

THE RESULT:
The sheer advantage that we had was being the first mover. We gave consumers the
freedom from scratched discs. The technology was a watershed turn for ONIDA
DVDs, as it resulted in 16% market share and placed us as No. 1. Since then we have
been considered as one of the market leaders, innovators and a technology company
continuously excelling in research and technology.
UNIQUE INNOVATION

• In 2011 Onida launched Pre cool range of Air
  Conditioners that come with a pre cool device
• It automatically switches on as well as switches
  off the air conditioner on receipt of a CODE
  (AC*ON / AC*OFF) via an SMS sent by the
  consumer from his mobile phone.
• It not only allows the consumers to operate the
  Air Conditioner while on the move but also cools
  the room even before they reach home.
FUTURE STRATEGIES
• Aim to be 1 billion$ company in2013-2014
• Thrust on low cost product under “EGO”
  brand such as rural led lighting, low cost
  television
• Opening inclusive retail store in small cities
  starting with 10-12 outlets
• Focus areas-Mobiles, Led TV & Air
  conditioner
• Tripling spending on marketing to 150 crore
REFERENCES
•www.google.com
•www.onida.com
•www.wikipedia.org
•www.economictimes.com
•Adi publications
THANK YOU

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Onida saka ltd final

  • 1. ONIDA SAKA LTD By Mohit Agarwal 100808057 Milind Goel 100808056
  • 2. CONTENTS 1. HISTORY 2. MANAGEMENT 3. VISION 4. MISSION 5. MILESTONES 6. TOTAL ELECTRONICS MARKET 7. WASHING MACHINE MARKET SHARE 8. INDIAN CTV MARKET 9. FALL OF ONIDA 10. RISE OF KOREAN COMPANIES 11. RISE OF ONIDA 12. KY THUNDER CASE STUDY 13. DVD CASE STUDY 14. UNIQUE INNOVATION 15. FUTURE STRATEGIES 16. REFERENCES
  • 3. HISTORY •Onida was started by G.L. Mirchandani and Vijay Mansukhani in 1981 in Mumbai. •In 1982, Onida started assembling television sets at their factory in Andheri, Mumbai. •Since then, Onida has evolved into a multi-product company in the consumer durables and appliances sector. •Onida achieved a 100% growth in ACs and microwave ovens and a 40% growth in washing machines last year.
  • 4. MANAGEMENT • Mr. Gulu Mirchandani - (Chairman & Managing Director) • Mr. Vijay Mansukhani - (Managing Director) • Mr. G. Sundar - (Chief Executive Officer) • Mr. Vipul Mathur - (Vice President - Marketing) • Mr. Sanjeev K Jain - (Vice President - Sales & Service) • Mr. Manish Desai - (Vice President - Finance) • Mr. S.K Dhoot - (Vice President - Operations)
  • 5. VISION OUR VISION • To build a brand around substance. • To become a leader in our chosen field through • Synergistic businesses investment, • Differentiation through innovation • Through economies of scale and world class systems and procedures
  • 6. MISSION OUR MISSION To benefit society at large through: • Innovation. • Quality & Productivity. • Human Development and Growth • To generate sustained surpluses and always striving for excellence
  • 7. MILESTONES • 1981 : MIRC Electronics Pvt. Ltd. was established • 1982 : CTV production started at Nand Bhavan, Mumbai • 1983 : Technical collaboration with JVC, Japan for CTV • 1985 : Established in-house R&D wing • 1986 : Production expanded and moved to a new factory at Kalina • 1987 : Moved to our own factory building "ONIDA HOUSE“ • 1990 : Tuner plant commences operation • 1991 : Akasaka, PCB plant commences its operation • 1992 : Crossed 1 million CTV sales • 1994 : Moved to a fully automated Plant of 600K CTV per year at Wada • 1994 : Moved to a fully automated Plant of 600K CTV per year at Wada • 1995 : ISO 9001 certification obtained from BVQI • 1998 : Award for excellence in electronics by ministry of IT • 1999 : First in India to develop Internet enabled CTV • 2000 : Launched the KY Thunder, Profile Series.
  • 8. • 2001 : AV Max award for best CTV : Launched Onida Black, flat CTV range. • 2002 : Completed plant expansion project to increase capacity from 600K CTVs to 1.2 million CTV's per year. • 2003 : Launched world's first LCD remote „ i-Control ‟ • 2004 : Launch of the 'Oxygen Series' CTV • 2004- 05 : Achieved 1.20 million CTV sales • 2005 : Launch of 'POISON' range of CTV's • 2009 : ONIDA's Brand relaunch campaign „ Tumko Dekha Toh Yeh Design Aaya' to communicate its philosophy of thoughtful product features that are designed keeping customers in mind. • 2010 : Launched LED TVs with I-Care Technology.
  • 9. INNOVATIONS We were the first to launch: •The Web cruiser TV, the world‟s first built-in Internet TV which offers the benefits of a personal computer and a TV, and that too, equipped with a modem, printer port and a cordless keyboard with it. •The Onida Twister was the first TV that turned to face the viewer; we were the first to introduce SRS technology for surround sound in Audio port. •In 1999, we were the first to introduce the pure flat TV in the country. The Candy was the first instance of any brand providing a multi-colored cabinet option to its customers.
  • 10. TOTAL ELECTRONICS MARKET The Rs 35,000 crore durables and electronics segment in India. TURNOVER-2010 15,000 10,891 10,000 9500 5702 5,000 TURNOVER-2010 1855 0 1515
  • 11. WASHING MACHINE MARKET SHARE WASHING MACHINE SHARE LG SAMSUNG VIDEOCON WHIRLPOOL ONIDA GODREJ 4% 7% 32% 18% 18% 21%
  • 12. INDIAN CTV MARKET COLOUR TELEVISION-2010 LG SAMSUNG VIDEOCON ONIDA OTHERS 19% 28% 11% 18% 24%
  • 13. FALL OF ONIDA • In late 90s The Koreans mapped the strength and weaknesses of each Indian player across categories • Eating into the share of established brands like BPL and Onida in colour TVs, and Godrej and Videocon in appliances. • Lack in investment in R&D hurt them badly • Lack in systems and processes with poor marketing.
  • 14. RISE OF KOREAN COMPANIES Samsung& LG 2010 AC REFRIGERATORS WASHING MACHINE 28% 36% 36% KOREAN COMPANIES MARKET SHARE IN DIFFERENT SEGMENTS
  • 15. RISE OF ONIDA • "We are trying to break into the MBOs (multi- brand outlet) in Mumbai as well and are present in Vijay Sales and Reliance Digital • "Being an Indian company, it‟s insights are better which lead to useful innovation • It is the fourth largest air-conditioner brand in the country with 10% share in the market, fifth in washing machines with 8% share, and sixth in flat panel TVs with 6% share.
  • 16. • "They tactically withdrew from categories where they thought that they will not be able to match the product strengths of their Korean counterparts. • However, they did not let go of their core competencies. Instead of spreading themselves too thin, they maintained focus on their main categories," • A brand like Onida resorted to re-branding in an attempt to project a more youthful image, • Moving away from its iconic 'Devil' (Neighbors' envy, Owners' pride) advertising • More investment in R&D
  • 17. KY THUNDER CASE STUDY “A small change that was heard across the country.” THE BACKGROUND: The competition in televisions was fierce. But while people upgraded from Black and White sets to color to stunning picture clarity, no one focused on giving the complete audio/video experience. THE TASK: The simple reason why it was so because there was no more room for fitting speakers on the TV. So instead of putting everything inside, the R&D team simply fitted the sound behind the screen thereby giving a superb surround sound effect. THE RESULT: The rest obviously is history. It caught on faster than wildfire, everybody wanted to lay their hands on one, including the competition. The competition had to get technicians from abroad to understand what went through it and by the time they could copy the same, the market was already won. So much so that the brand name became synonymous with the category itself.
  • 18. DVD CASE STUDY “Everything begins with a scratch. Even the best.” THE BACKGROUND: The market was filled with VCD players with DVD soon catching up to them. So instead of studying the DVD player, we looked at the DVD. What we observed was that people preferred to rent movies from video libraries to play them. And as a result, these discs had scratches and were used often. THE TASK: We realised that the current discs fail to the challenge and then gave them a powerful laser that could read between scratched layers and reads beneath the layers of data. THE RESULT: The sheer advantage that we had was being the first mover. We gave consumers the freedom from scratched discs. The technology was a watershed turn for ONIDA DVDs, as it resulted in 16% market share and placed us as No. 1. Since then we have been considered as one of the market leaders, innovators and a technology company continuously excelling in research and technology.
  • 19. UNIQUE INNOVATION • In 2011 Onida launched Pre cool range of Air Conditioners that come with a pre cool device • It automatically switches on as well as switches off the air conditioner on receipt of a CODE (AC*ON / AC*OFF) via an SMS sent by the consumer from his mobile phone. • It not only allows the consumers to operate the Air Conditioner while on the move but also cools the room even before they reach home.
  • 20. FUTURE STRATEGIES • Aim to be 1 billion$ company in2013-2014 • Thrust on low cost product under “EGO” brand such as rural led lighting, low cost television • Opening inclusive retail store in small cities starting with 10-12 outlets • Focus areas-Mobiles, Led TV & Air conditioner • Tripling spending on marketing to 150 crore