MUKESH PATEL SCHOOL OF TECHNOLOGY MANAGEMENT

AND ENGINEERING

SVKMS NMIMS

Analysis of Cold Storage Industry in India

A Research Project submitted in partial fulfilment

Of the requirements for the degree of

MBA (Tech)

By

Apurva Gupta K058

Akshay Manoj Kapoor K061

Shubham Mandwale K069

Under Supervision

Of

Prof. Sudarshana Sarkar

Year of Graduation 2017

Reliability Test:
Case Processing Summary

N %

Cases Valid 33 100.0

Excludeda 0 .0

Total 33 100.0

a. List wise deletion based on all variables in

the procedure.

Reliability Statistics

Cronbach's
Alpha Based
on
Cronbach's Standardized
Alphaa Itemsa N of Items

.852 .827 14

Cronbach's alpha is a measure of internal consistency, that is, how closely related a set of items are as
a group. It is considered to be a measure of scale reliability. A "high" value for alpha does not imply
that the measure is unidimensional. If, in addition to measuring internal consistency, you wish to
provide evidence that the scale in question is unidimensional, additional analyses can be performed.
Exploratory factor analysis is one method of checking dimensionality. Technically speaking,
Cronbach's alpha is not a statistical test - it is a coefficient of reliability (or consistency). The alpha
coefficient for the 14 items is .852, suggesting that the items have relatively high internal consistency.
(Note that a reliability coefficient of .70 or higher is considered "acceptable" in most social science
research situations.) In addition to computing the alpha coefficient of reliability, we might also want
to investigate the dimensionality of the scale.
Factor Analysis:

Total Variance Explained

Initial Eigenvalues Extraction Sums of Squared Loadings

Component Total % of Variance Cumulative % Total % of Variance Cumulative %

1 2.773 19.807 19.807 2.773 19.807 19.807

2 2.301 16.437 36.244 2.301 16.437 36.244
3 1.709 12.204 48.448 1.709 12.204 48.448
4 1.660 11.857 60.306 1.660 11.857 60.306
5 1.199 8.565 68.871 1.199 8.565 68.871
6 1.040 7.432 76.302 1.040 7.432 76.302
7 .915 6.537 82.839
8 .704 5.025 87.864
9 .538 3.845 91.710
10 .359 2.562 94.271
11 .274 1.957 96.228
12 .215 1.538 97.766
13 .205 1.461 99.227
14 .108 .773 100.000

Extraction Method: Principal Component Analysis.

Looking at the table labeled Total Variance Explained, we see that the eigen value for the first factor
is quite a bit larger than the eigen value for the next factor (2.78 versus 2.3). Additionally, the first
factor accounts for 20% of the total variance. This suggests that the scale items are unidimensional.
 Component Matrixa

Component

1 2 3 4 5 6

2. How would you rate the

current scenario of cold
-.288 .650 .199 -.220 .239 .339
storage industry as
compared to last 10 years?
3. How would you rate your
industry in terms of
-.630 .541 .120 .152 .017 -.338
efficiency as compared to
previous years?
4. What are your
perspective regarding the -.091 .195 .021 -.765 .140 .477
growth of the industry?
5. How strongly do you think
the policies of government -.166 -.081 -.495 .021 -.718 .196
would favor the industry?
6. Does the industry require
a significant investment in
.209 .601 -.257 -.049 -.114 -.101
the infrastructure of cold
storage industry?
7. What is the level of
dependence of cold storage -.041 -.411 -.116 .335 .549 .185
on supply chain?
8.How does product
portfolio affects the factors .772 -.168 .288 -.191 .072 .043
involved with the industry?
9a. Horticulture -.216 -.382 .656 -.307 -.109 -.071
9b. Floriculture .619 -.281 .229 .409 -.215 .328
9c. Dairy Products -.592 -.176 .466 .392 .064 -.053
9d. Meats, Fish, Poultry -.332 .122 -.300 .502 .181 .514
9e. Processed Food
.539 .063 -.480 -.054 .427 -.328
Products
9f. Pharma, Life Sciences .354 .682 .278 .370 -.085 -.013
9g. Chemicals, electronics .556 .492 .387 .208 -.052 .105

Extraction Method: Principal Component Analysis.

The scree plot graphs the eigenvalue against the component number. You can see these values in the
first seven columns of the table immediately above. From the eighth component on, you can see that
the line is almost flat, meaning that each successive component is accounting for smaller and smaller
amounts of the total variance. In general, we are interested in keeping only those principal components
whose eigenvalues are greater than 1. Components with an eigenvalue of less than 1 account for less
variance than did the original variable (which had a variance of 1), and so are of little use. Hence, you
can see that the point of principal components analysis is to redistribute the variance in the correlation
matrix (using the method of eigenvalue decomposition) to redistribute the variance to first components
extracted.
 Regression Analysis:

Model Summaryb

Change Statistics

Adjusted R Std. Error of the Sig. F

Model R R Square Square Estimate R Square Change F Change df1 df2 Change

1 .733a .538 .221 .6287 .538 1.699 13 19 .143

a. Predictors: (Constant), 9g. Chemicals, electronics, 4. What are your perspective regarding the growth of the industry? 9e.Processed
Food Products, 7. What is the level of dependence of cold storage on supply chain?, 5. How strongly do you think the policies of
government would favor the industry?, 9d. Meats, Fish, Poultry , 6. Does the industry require a significant investment in the
infrastructure of cold storage industry?, 3. How would you rate your industry in terms of efficiency as compared to previous years?,
9a.Horticulture, 8. How does product portfolio affects the factors involved with the industry?, 9f. Pharma, Life Sciences, 9b. Floriculture,
9c. Dairy Products
b. Dependent Variable: 2. How would you rate the current scenario of cold storage industry as compared to last 10 years?

R value is the correlation coefficient. It tells you how strong the linear relationship is. For example, a
value of 1 means a perfect positive relationship and a value of zero means no relationship at all. Value
of 0.733 means that a high linear relationship exists between the variables.

ANOVAa

Model Sum of Squares df Mean Square F Sig.

1 Regression 8.732 13 .672 1.699 .143b

Residual 7.511 19 .395

Total 16.242 32

a. Dependent Variable: 2. How would you rate the current scenario of cold storage industry as
compared to last 10 years?
b. Predictors: (Constant), 9g. Chemicals, electronics, 4. What are your perspective regarding the
growth of the industry?, 9e. Processed Food Products, 7. What is the level of dependence of cold
storage on supply chain?, 5. How strongly do you think the policies of government would favor the
industry?, 9d. Meats, Fish, Poultry , 6. Does the industry require a significant investment in the
infrastructure of cold storage industry?, 3. How would you rate your industry in terms of efficiency
as compared to previous years?, 9a. Horticulture, 8. How does product portfolio affects the factors
involved with the industry?, 9f. Pharma, Life Sciences, 9b. Floriculture, 9c. Dairy Products
F value is related to p-value in order for testing the Null hypothesisthat all of the model coefficients is
0.
 Coefficientsa

Standardized
Unstandardized Coefficients Coefficients

Model B Std. Error Beta t Sig.

1 (Constant) 1.117 3.571 .313 .758

3. How would you rate your

industry in terms of
.302 .239 .335 1.262 .222
efficiency as compared to
previous years?

4. What are your perspective

regarding the growth of the .651 .266 .472 2.446 .024
industry?

5. How strongly do you think

the policies of government -.123 .146 -.159 -.842 .410
would favor the industry?

6. Does the industry require

a significant investment in
-.252 .225 -.258 -1.123 .276
the infrastructure of cold
storage industry?

7. What is the level of

dependence of cold storage -.027 .160 -.035 -.170 .867
on supply chain?

8. How does product

portfolio affects the factors -.237 .250 -.231 -.947 .356
involved with the industry?

9a. Horticulture -.075 .193 -.092 -.391 .700

9b. Floriculture -.063 .261 -.059 -.240 .813

9c. Dairy Products -.166 .276 -.163 -.603 .554

9d. Meats, Fish, Poultry .085 .192 .095 .443 .663

9e. Processed Food

-.080 .270 -.080 -.294 .772
Products

9f. Pharma, Life Sciences .202 .312 .161 .649 .524

9g. Chemicals, electronics .329 .284 .281 1.160 .260

a. Dependent Variable: 2. How would you rate the current scenario of cold storage industry as compared to last 10
years?
From the scatter plot it is evident that the values of the variables deviate along the mean and there are
no outliers in the coding. All the values are closely related and evenly scattered.