Preview

Tata Nano Case Study

Powerful Essays
Open Document
Open Document
2558 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tata Nano Case Study
INDEX 1.0 INTRODUCTION

2.0 MAIN REASONS FOR TATA TO ENTER GLOBAL ULTRA LOW COST MARKET 2.1 MARKET DISTRIBUTION PIE CHART

3.0 What are the competitive advantages that TATA Motors will enjoy with their NANO in emerging markets 3.1 RESEARCH AND DEVELOPMENT 3.2 Acquisitions, Mergers & Expansions. 3.3 ORGANISATION LOCATION

4.0 WHICH SCREENING CRITERIA WOULD YOU SUGGEST FOR TATA NANO’S IMS PROCESS 4.1 POLITICAL 4.2 ECONOMIC 4.3 SOCIAL 4.4 TECHNOLOGICAL

5.0 Which world regions and specific countries would you suggest Tata Nano should enter after India and china 5.1 SALES FORCAST CHART

6.0 SUMMARY

7.0 BIBLIOGRAPHY

1.0 INTRODUCTION

Indian automobile industry have immerged as “sunrise sector” in the Indian economy. Indian is emerging as fastest growing passenger car market and it is also the home of largest motor cycle manufacturer. It is largest base to export compact cars to Europe . passenger car segment grew by 9.7% during April to June 2012 while the overall commercial vehicle segment registered a expansion of 6.06% on year-on-year basis (IBEF, 2012), which gives a great potential for Ultra low cost car like Tata’s Nano nicked named as “People’s Car” to capture the market , the CEO of Tata group Ratan Tata made way for people to buy an affordable car for their family at just 2500 US$. Tata Group have roots all over the world through its joint ventures and subsidiary companies around the globe which gives them a competitive advantage from its competitors. This report will give brief insights about how the Tata’s came up with Nano and their plans to expansions , their shares and advantages in the automobile market.

2.0 MAIN REASONS FOR TATA TO ENTER GLOBAL ULTRA LOW COST MARKET More than just a business idea, the project to make a ultra low cost car NANO which can be afforded by millions of middle class people not just in India but



Bibliography: The company nearly a market share of 12.6% which gives a significant share in the passenger car market for it to introduce its new Tata Nano car (SIAM, 2012) Mini Cars (under 660cc) 814,826 units up 296,111 units or 57.1% (JAMA, 2012)

You May Also Find These Documents Helpful

  • Powerful Essays

    Tata Motors Case

    • 4354 Words
    • 18 Pages

    Currently Tata Motors operates in 35 countries, especially focusing on markets with conditions similar to India, such as Russia, Turkey, and many African nations. It is currently the Indian market leader in commercial vehicles, and they are expected to produce almost 400,000 in FY2010. The product line for commercial vehicles includes all sizes and styles of trucks and buses. Tata Motors produces less passenger vehicles than CVs, with an expected output of almost 300,000 for FY2010. The most popular product in India is the Indica Vista, a small hatchback car (see appendix for image).…

    • 4354 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Accounability

    • 299 Words
    • 2 Pages

    The reason for this Rbi is to inform the reader of accountability, the duties of NCO's, and failure to report.…

    • 299 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Tata NANO Case Study

    • 761 Words
    • 3 Pages

    1. How would you segment the Indian automobile industry? Where will Nano have the best appeal?…

    • 761 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Tata Nano was conceived as the smallest, most fuel efficient and the most affordable car. Nano with its prices between Rs. 1 Lakh to 1.8 Lakh was striking the right chord. The features, comfort and safety which was provided were with the needs of a common middle class family kept in mind.…

    • 724 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Operating in numerous countries across the world, Tata Motors functions with a global economic perspective while focusing on each individual market. Because Tata is in a rapid growth period, expanding or forming a joint venture in over five countries world-wide since 2004, a global approach enables Tata Motors to adapt and learn from the many different regions within the whole automotive industry. They have experience and resources from five continents across the globe, thus when any variable changes in the market they can gather information and resources from all over the world to address any issues. For instance, if the price of the aluminum required to make engine blocks goes up in Kenya, Tata has the option to get the aluminum from other suppliers in Europe or Asia who they would normally get from for production in Ukraine or Russia. Tata Motors also has to pay close attention to shifts in currency rates throughout the world.…

    • 762 Words
    • 4 Pages
    Good Essays
  • Good Essays

    1. TML team views nano as an opportunity to provide a safer means of transport to a typical Indian family which rides on a motorcycle. The two wheeler segment presents itself as a great opportunity to nano to tap in. 76 % of automobile sales is in two wheeler market.…

    • 1275 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Tata Motors, the General Electric of India is a conglomerate with a commanding presence in a vast industries across India and globally. In January 2008, Tata introduced to the Indian public it’s ultra cheap car “Nano”. The expected retail price for the Nano was expected to be as little as USD2,500 and would cater for the fast growing middle class segment of the Indian population. Tata Motors was set to change the face of the automobile industry in India. This was however met with some challenges, given the economic environment of India and thereby causing a delay of the launch by six months. The introduction of the “People’s car” created a new category/ trend of ultra cheap cars which then led to other auto makers following in hot pursuit to roll out their own brand of vehicles in this category.…

    • 1884 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Tata Nano in Usa

    • 6051 Words
    • 25 Pages

    The internal resources and capabilities of Tata have been analyzed, and it is determined that their core competencies include operational efficiency and effective design and innovation (fuel and cost efficient). From the Competitor and Competitive Analysis we are able to conclude that the Hyundai Accent and Nissan Versa base models are Tata Nano’s potentially biggest rivals. Moreover, it is plausible to suggest that the Tata Nano would only have a temporary competitive advantage in the U.S. In comparing three potential strategy alternatives to penetrate the U.S. market choosing from; Joint Venture, Merger and Acquisition, Greenfield, or to merely keep the Status Quo, we have identified that the acquisition strategy is most suitable as well as financially feasible.…

    • 6051 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    Case Study Tata Group

    • 2589 Words
    • 8 Pages

    Local businesses under Tata Group’ umbrella uses the Domestic Strategy which requires product differentiation base on the local adaption. Such example is the Tata Nano Car and the Tata Ace Truck (picture below), produced by Tata Motors at an affordable price for the people in India. Ratan Tata wanted to produce a car which is super cheap yet reliable.…

    • 2589 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Business: The new people 's car; The Tata Nano. (2009, March). The Economist, 390(8624), 73-74. Retrieved November 29, 2009, from ABI/INFORM Global.…

    • 5907 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    1. What could be the main reasons for Tata Motors to enter the global ultra-low-cost car market?…

    • 1887 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    In the light of the current issues plaguing the company especially the low sales volume numbers recorded in the recent past, most notably in the month of December, the potential research areas and corresponding questions that must be addressed through a detailed market research are as follows:…

    • 327 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Tata Nano

    • 2862 Words
    • 12 Pages

    History[edit] After having successfully launched the low cost Tata Ace truck in 2005, Tata Motors began development of an affordable car that would appeal to the many Indians who drive motorcycles.[4] The purchase price of this no frills auto was brought down by dispensing with most nonessential features, reducing the amount of steel used in its construction, and relying on low cost Indian labor, as well as a new design concept called Frugal Engineering.[5]“Frugal Engineering” was a term coined in 2006 by Renault Chief Executive Carlos Ghosen to describe the design process behind the Tata Nano. This type of design concept was designed to better the those at the bottom of the pyramid.[6] However, “A Study on Consumer Perceptions & Expectations for Tata Nano” shows that the bottom of the pyramid is not very aware of what they are getting when purchasing a Tata Nano.[7] While that paper may seem to focus on the Indian contribution, the Nano was a truly international effort. “Tata turned to Germany’s Bosch for a new engine-management system; Italy’s I.D. E. A. Institute and Trilix for styling and exterior design; India’s Sona Koyo for lightweight steering shafts; America’s Johnson Controls for the seating system; Japan’s Toyo for the engine-cooling Germany’s Behr for the heating, ventilating, and air-conditioning system; and India’s Madras Rubber Factory for tougher than normal rear tires.” [8] So to call it the Indian Car is understandable, but misleading. The Nano is an excellent example of LAPD. The "LAPD (lean principle applied product development) process is implemented with utilization of external sources of knowledge and…

    • 2862 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Tata nano

    • 690 Words
    • 3 Pages

    -The Nano project (code named project X3) started in Tata's factory in Pune (20,000 employees work here)…

    • 690 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Tata Nano

    • 2495 Words
    • 10 Pages

    The Tata Nano is a small, affordable, rear-engine, four-passenger car aimed primarily at the Indian market. It was first presented by India's Tata Motors at the 9th annual Auto Expo on January 10, 2008, at Pragati Maidan in New Delhi, India. The car was envisioned by, Ratan Tata, Chairman of the Tata Group and Tata Motors, who has described it as an eco-friendly "people's car".…

    • 2495 Words
    • 10 Pages
    Better Essays

Related Topics