sit when Ratan Tata the chairman of Tata Motors unveiled this car in New Delhi at a price of $2500. Since then it has been in lime light and has been making news in the auto sector throughout the world. Much of India ’s low-cost production edge comes from cheap labor and a large part of the low-cost assembly in factories and plants is done through manual operations. However this situation is changing fast with companies wanting to increase productivity by automating their lines. Tata cut costs by
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TATA NANO – THE REVOLUTIONARY INDIAN CAR!!! INTRODUCTION The Tata Nano is a proposed city car — a small‚ affordable‚ rear-engined‚ 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. It is priced at Rs 100‚000 (appx. US $ 2200). INNOVATIVE ASPECT IN DESIGN The Tata Nano responds to the crucial Indian design issue of affordability (it is priced at Rs one lakh)
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to their claims made by Tata co. was Singur would become a mini-auto city and approximately 70 vendors would set up shop along with the factory. The total investment planned is to the tune of Rs 1‚000 core. The project had‚ however‚ generated controversy right from the start‚ particularly on the question of state acquisition of fertile agricultural land for private enterprise. This also creates employment opportunities. For government:- For the government Tata nano acquired the fertile land
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is growing significantly. Companies need to sell their product across borders. To realize this‚ companies must evaluate the market forces in target markets in order to increase sales. One strategic tool used in evaluating market forces is porters five forces model. This tool highlights the key factors that determine the industry competition and the viability of such a market. The porters five forces model has been evolving with time. The principle ‘’the state of competition in an industry depends
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2.0 Market selection 3 2.1 Political factors 3 2.2 Economic factors 4 2.3 Social factors 6 2.4 Technological factors 7 3.0 Market competiton 8 3.2 Competitive strenght 11 4.0 Strategies in market of Indonesia 14 4.1 Entry Model 14 4.2 Positioning and Segmentation 16 4.3 Marketing Mix Strategies 17 5.0 Conclusion 19 6.0 References: 20 1.0 Introduction Tata group was built in India by Jamsetji Tata at 1868. The Tata group operates more than one hundred subsidiaries in worldwide. Tata group
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Product: TATA NANO: The world’s cheapest 4-door hatch back car. Introduction Tata Nano is a rear-engine fixed city car able to travel four adults‚ built by Tata Motors(India). Targeting primarily for the Indian market. The car has a fuel economy of around 26 kilometers per liter of petrol on the highway and around 23 kilometers per liter in the city riding conditions. It announced at the 9th annual Auto Expo on January 10‚ 2008‚ in New Delhi‚ India by TATA’s Managing director RATHAN TATA. The Nano
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As one of the most progressive companies on earth‚ the Tata group has decided to take on the international motor industry. It has come up with the idea of a pocket-sized $2.500 priced automobile‚ the four wheeled version of the $100 computer. Its name is NANO. Appropriately called the “People’s Car”‚ (not‚ however for the likes of the People’s Princess‚ the late Princess Diana who preferred her Bentley) Mr. Tata says that the Nano has its origins in Calcutta rickshaw cabbies and a very Indian
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Contents Market Segmentation‚ Positioning‚ Targeting: A case of Tata Nano in India EXECUTIVE SUMMARY: Targeting and positioning strategy of Tata Nano and recommendations for the company are given. INTRODUCTION: BACKGROUND: According to Howard and Sheth (1969‚ p. 70)‚ “market segmentation depends on the idea that the company should segment or divide the market in such a way as to achieve sets of buyers” Historically sellers were engaged in mass marketing
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become one of the market leader in sports utility vehicle. • To do various marketing strategy analysis in order to get a clear view about the success of Scorpio – a sports utility vehicle & also competitor analysis with TATA Motors. Purpose & Scope of the study: In present automobile market “Mahindra & Mahindra” has become one of the Is this Essay helpful? Join OPPapers to read more and access more than 325‚000 just like it! get better grades market leader but since there
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Nanomedicine Market 2012-2016 Description: The analysts forecast the Global Nanomedicine market to grow at a CAGR of 12.57 percent over the period 2012-2016. One of the key factors contributing to this market growth is the emergence of nanorobotics. The Global Nanomedicine market has also been witnessing the increasing use of novel nanomaterials. However‚ lengthy approval procedures could pose a challenge to the growth of this market. The report‚ the Global Nanomedicine Market 2012-2016‚ has
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