statement which Mr. RATAN TATA said when he launched his ambitious TATA NANO; the people’s car in India on 23 rd march 2009. Tata has always given value products in the Indian Car Market whether it is path breaking recently launched TATA NANO or TATA INDICA (which created great brand into the car industry in the diesel segment). Not only is the passenger car‚ even into the heavy vehicle segment TATA is the only sole leader in India. TATA has created its brand value not only in India but even
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Dao Tran MGMT405 12:30-1:45 Dr Yan Case #3 Tata Motors 1. What inspired Tata Motors to build the Nano? Why was there a need for an inexpensive car in India? The idea of Nano–The People’s Car was inspired by the middle class Indians who bought and transported their entire families on scooters. To most middle class families in India owing a car is a far cry. Rattan Tata‚ Tata Motor’s Chairman said that the tiny car is aimed at keeping the families of India’s growing middle class from having to travel
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Contents Tata motors 3 1 3 . Microeconomic Environment 3 1.1 Introduction 3 1.2 Market Structure: 4 1.3 Role of Government: 4 1.4 Fixed Cost and Variable Cost 5 1.5 Substitutes and Elasticity of Demand 6 1.6 Economies of Scale 7 2. MACROECONOMIC environment 8 2.1 INDIA 8 2.2 Microeconomic Environment 8 2.3 Economic growth 9 2.3 Employability 10 2.5 Market value in the economy 11 2.6 Revenue and profits 11 2.7 Political environment 11 2.8 Inflation 12 CONCLUSION 12 References 12 Tata motors 1. Microeconomic
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1. Cultural and political issues can affect Tata Motor’s Nano car. Cultural issues such as differences in languages‚ customs‚ and social issue can contribute either positively or negatively towards the Nano car. Tata Motor’s has to learn all of the legal ramifications in each country they plan to sell their car. For instance‚ just because the Nano meets the safety requirements in India does not mean it will pass the safety requirements of another because that culture may have stricter standards
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Tata group is one of the largest multinational conglomerate company headquartered in Mumbai‚ Maharashtra‚ India Which deals with different types of Products and services‚ they have mainly 8 business sectors‚ they are information technology and communications‚ engineering‚ Materials‚ Services‚ Energy‚ Consumer products‚ Chemicals. My project is on the India’s largest automobile company Tata Motors Ltd which comes under engineering sector of Tata Company. The purpose of Tata motors is to
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97 105 110 Annual General Meeting Date Time : Wednesday‚ September 1‚ 2010 : 3.00 p.m. 19‚ Sir Vithaldas Thackersey Marg‚ Mumbai 400 020. Rs. 1 crore = Rs. 10 million Venue : Birla Matushri Sabhagar‚ Board of Directors Contents Ratan N Tata Chairman Management Team Carl-Peter Forster‚ Chief Executive Officer & Managing Director P M Telang‚ Managing Director-India Operations C Ramakrishnan‚ Chief Financial Officer R Pisharody‚ President (Commercial Vehicles Business Unit) T Leverton
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INTRODUCTION Tata Motors limited was established under the parent company Tata Group in 1945. When Tata Motors was established it first started producing locomotives and engineering products. In 1954 Tata motors started to produce medium-sized commercial vehicles‚ when it reached a collaborative agreement with Daimler Benz AG. Tata motors produced its first independently designed light vehicle in 1986‚ which was called Tata 407. In 1994 Tata Motors first started manufacturing passenger cars when
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TATA MOTORS Tata Motors Limited is an Indian multinational automotive corporation headquartered in Mumbai ‚ India. It is the eighteenth largest motor vehicle manufacturing company in the world by volume. Part of the Tata Group ‚ it was formerly known as TELCO (TATA Engineering and Locomotive Company). Its products include passenger cars‚ trucks‚ vans and coaches. Tata Motors is South Asia’s largest automobile company; it is the leader in commercial vehicles and among the top three in passenger
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also some policies by the labour contract to avoid exploitation of labour which makes this country much more expensive The famous incident is Tata Nano project in west Bengal which had to be shifted due to the political pressure and there were riots and big problems. So this plant had to shift at different region finally it was decide to Gujarat. Ratan Tata had promised the world that it would be available next year for the common man. This was not happening because of this political problem. This
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COSTING FOR TATA MOTORS The Passenger Car division was born out of a vision to offer the Indian customer all the comfort of a big car‚ at the price of a small car. The Indica was formally launched in 1998 & has rewritten the rules of the Indian car industry ever since then. The latest addition to the Tata Motors family after the launch of Indigo which is designed to deliver never-before levels in luxury‚ safety‚ power and comfort on Indian roads is the New Indica V2. Refreshingly different‚ with
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