Current Position of Tata, 2013
Tata motors
Tata faces intense competition from local car manufacturer, Mahindra & Mahindra Limited (unrated), which has steadily increased its hold over the Indian automobile market. In the passenger vehicle segment (attached Exhibit 1) Mahindra & Mahindra is almost level with Tata at 11.6% market share, up from 9.4% in fiscal 2012 and in the commercial vehicle segment (attached Exhibit 2), Mahindra & Mahindra has increased its market share to 18.0% from 11.3% over the same period.
In order to recapture its passenger vehicle market share, Tata has to invest significantly in product development. The Nano, a major platform launched in 2009 as the peoples’ car, has disappointed, with sales now running at less than 10% of the factory’s capacity. Nano sales fell to just 1,507 units in March 2013 from a peak of 10,475 units in March 2012. Furthermore, Tata has been slow to introduce diesel-engined variants of its models to satisfy local market preference for the more-subsidised fuel. (according to George Teng and Alan Greene/ Mumbai 17:51 , Apr 15, 2013)
TATA Power is also facing problems as the company has not been able to commission its 4,000 MW Mundra ultra mega power project this year. Tata Power, like other power producers, has suffered due to high coal prices and depreciation of the rupee
TCS replaces Tata Steel as India's most admired company
Software giant TCS has replaced its group firm Tata Steel as the country's most admired company, as per a Fortune list released today.
TCS is followed by Hindustan Unilever, ITC, Infosys and SBI in the top-five, while last year's top-ranked firm Tata Steel has slipped to seventh position in the list of India's 50 most admired companies.
(july 09, 2013)
Software giant TCS has replaced its group firm Tata Steel as the country's most admired company, as per a Fortune list released today.
TCS is followed by Hindustan Unilever, ITC, Infosys and SBI in the top-five, while last year's top-ranked firm Tata
Tata faces intense competition from local car manufacturer, Mahindra & Mahindra Limited (unrated), which has steadily increased its hold over the Indian automobile market. In the passenger vehicle segment (attached Exhibit 1) Mahindra & Mahindra is almost level with Tata at 11.6% market share, up from 9.4% in fiscal 2012 and in the commercial vehicle segment (attached Exhibit 2), Mahindra & Mahindra has increased its market share to 18.0% from 11.3% over the same period.
In order to recapture its passenger vehicle market share, Tata has to invest significantly in product development. The Nano, a major platform launched in 2009 as the peoples’ car, has disappointed, with sales now running at less than 10% of the factory’s capacity. Nano sales fell to just 1,507 units in March 2013 from a peak of 10,475 units in March 2012. Furthermore, Tata has been slow to introduce diesel-engined variants of its models to satisfy local market preference for the more-subsidised fuel. (according to George Teng and Alan Greene/ Mumbai 17:51 , Apr 15, 2013)
TATA Power is also facing problems as the company has not been able to commission its 4,000 MW Mundra ultra mega power project this year. Tata Power, like other power producers, has suffered due to high coal prices and depreciation of the rupee
TCS replaces Tata Steel as India's most admired company
Software giant TCS has replaced its group firm Tata Steel as the country's most admired company, as per a Fortune list released today.
TCS is followed by Hindustan Unilever, ITC, Infosys and SBI in the top-five, while last year's top-ranked firm Tata Steel has slipped to seventh position in the list of India's 50 most admired companies.
(july 09, 2013)
Software giant TCS has replaced its group firm Tata Steel as the country's most admired company, as per a Fortune list released today.
TCS is followed by Hindustan Unilever, ITC, Infosys and SBI in the top-five, while last year's top-ranked firm Tata