Preview

Tata Nano

Powerful Essays
Open Document
Open Document
2862 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tata Nano
The Tata Nano is a city car manufactured by Tata Motors. Made and sold in India, the Nano is the cheapest car in the world today. Before it went on sale, a price of 1 lakh (US$1,800) was widely touted. Since its 2009 debut, the price has increased. Nevertheless, the Nano remains the lowest-cost four-wheeled passenger vehicle in India.
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

You May Also Find These Documents Helpful

  • Best Essays

    What inspired Tata Motors to build the Nano? Why was there a need for an inexpensive car in India?…

    • 2046 Words
    • 9 Pages
    Best Essays
  • Good Essays

    House of Tata

    • 1221 Words
    • 5 Pages

    |Nano, a passenger car of Tata was the world’s cheapest car and half the |Tata Tea, Titan which unrelated from Tata Motors.…

    • 1221 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    32. Swati Singh and Pallavi Srivastava (2012).The Turnaround of Tata Nano: Reinventing the Wheel , Vision: The Journal of Business Perspective 16, (1 ) pp 45–52.…

    • 5949 Words
    • 16 Pages
    Powerful 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
  • Satisfactory Essays

    TATA NANO with a tag line of “Peoples Car” its self tells that made for that people who just Imagine that when will be he/his family having a car??…

    • 680 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The Tata Nano is an inexpensive, rear-engined, four-passenger city car built by the Indian company Tata Motors and is aimed primarily at the Indian domestic market. Tata Motors began selling its "one-lakh car" in March, 2009. This nickname is due to the Nano's price point, near 100,000 (one lakh rupees). Tata Motor Chairman, Mr Ratan Tata envisions that Tata Nano to become a “People’s car“ which is affordable by almost everybody.…

    • 1628 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Tata Nano in India

    • 2063 Words
    • 9 Pages

    The Tata Nano aimed to revolutionize the India’s market. First, the goal of the Tata Nano was to be the smallest in order to be maneuverable, as the streets in India were extremely small and unsafe. At the same time, the Tata Nano had to be the most affordable car in India, at a price of Rs. 1 lakh, in order to allow everyone to afford this car and more particularly those who could not afford a car before. To finish, as Tata Motors Ltd aimed to improve the quality of life of Indian people and so, Tata Motors Ltd. also paid attention to the quality of its new car. In other words, the Tata Nano was going to be the smallest and most affordable car in India, without compromising quality.…

    • 2063 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    The SIR Nano was launched in January 2008. When we look at the history of innovation, we see that great innovators brought the goods enjoyed by the elite to the masses. The phrase stands true for Nano. Nano is the world’s cheapest car, targeted at the lower middle class of India but attracting people from all classes. The project took off under the vision of the company head, Ratan Tata, that, a family of four that can afford a two-wheeler, should be able to afford a car, which is much safer to use. In 2009, the first Nano rolled on the road to be part of history.…

    • 1850 Words
    • 8 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

    A Roadblock for Tata Nano

    • 473 Words
    • 2 Pages

    India is not a country that encourages free trade.the government has imposed many trade barriers,like very high taxes for one.these high taxes are a form of preventing the local industries domestic products from international companies.…

    • 473 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Consumer Surplus

    • 2258 Words
    • 23 Pages

    “…if economists are to play their part in shaping the canons of economic policy fit for a new age, they…

    • 2258 Words
    • 23 Pages
    Powerful Essays
  • Best Essays

    Tata Nano Marketing

    • 3015 Words
    • 13 Pages

    TATA Motors Limited is India’s largest motor passenger automobile and commercial vehicle manufacturing company. Its annual revenue exceeds USD six billion, ranking it among the top ten companies in India. Unveiled in January 2008, their new TATA Nano passenger automobile was a much awaited car by the local and international markets. (Tata Motors, 2008) Production began later that year. Its distinct features and reasonable price boosts its popularity and demand. Excluding taxes, the TATA Nano is priced at USD 2500. It is compact (only 3 meters long) with enough space to comfortably seat four people. Fuel efficiency also plays a major role in its success; it does almost 50 miles per gallon of petrol. This highly fuel efficient, spacious car is also environmentally friendly, emitting less carbon dioxide than most two wheelers. (Tata Motors, 2008)…

    • 3015 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    Tata Nano Controversy

    • 14170 Words
    • 57 Pages

    Gujarat’s Gain and Bengal’s Loss? ‘‘Development,’’ Land Acquisition in India and the Tata Nano Project: A Comparison of Singur with Sanand…

    • 14170 Words
    • 57 Pages
    Powerful Essays
  • Good Essays

    Tata Nano

    • 950 Words
    • 4 Pages

    It was the year 1908 when Ford Motor 's Model 'T ' was launched with a price tag $ 19,700 having the engine of 20 Horsepower (hp) and then in coming years Volkswagen 's 'Beetle ' (1956) and the British Motor 's 'Mini ' (1961) were launched having price of $ 11,333 and $ 11,777 respectively. These Car models brought the Car within the reach of millions of customers. Now exactly after 100 years in 2008 Tata Motors have launched 'Nano ' having the price tag of $ 2,500 with an engine of 33 hp, making the cheapest Car ever made. So with the launch of Nano, Tata Motors has made India proud in the world and also proved the technological mettle of India.…

    • 950 Words
    • 4 Pages
    Good Essays