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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POSITIONING IS INEVITABLE –A CASE STUDY OF TATA NANO Natasha Saqib Assistant Professor Department of Management Studies‚ University of Kashmir‚ South Campus Email –natalie81985@gmail.com Correspondence Address Natasha Saqib C/O Jamsheed Saqib United India Insurance Co. Ltd Divisional Office Regal Chowk Srinagar‚ Jammu & Kasmir Pincode No 190001 POSITIONING IS INEVITABLE –A CASE STUDY OF TATA NANO Abstract The forces of globalization and technological advancement have rendered
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TATA NANO- A BLUE OCEAN | December 10 2010 | | Background Between 1970 and 1984 cars were considered a luxury product; manufacturing was licensed‚ manufacturing was restricted; there were quantitative restrictions on import and a tariff structure designed to restrict the market. The market was dominated by 6 manufacturers - Telco (now Tata motors)‚ Ashok Leyland‚ Mahindra & Mahindra‚ Hindustan motors‚ Premier automobiles and Bajaj auto. The decade of 1985 to 1995 saw the entry
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Memorandum To Chairman‚ Tata Motors Ltd Issue Profitable Production of the Nano Issues A primary issue Tata must consider is the current and future profitability of the Nano. In order to determine if their strategy of entering the small car market is feasible‚ the influences on the industry must be evaluated. If evaluation of the industry indicates that future profitability is in question‚ the company must consider canceling the project‚ or focus on areas where Tata can influence the industry
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Indonesia has become a new emerging prosperous car market in the world. According to The Economist (2012)‚ Indonesia’s market is even increasing more rapidly than Chinese and its sales boosted approximate 900‚ 000 new vehicles from 2010 to 2011‚ by 17%. What is more‚ the sales volume of Indonesians automobile had overtaken Thailand in 2011‚ now the largest market in south-east Asian nations (The Economist‚ 2012). For 2012 first half year’s sales‚ ‘Car sales rose to 534‚876 units in the first six months
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Tata Group MARKETING PLAN BY Manu Joseph Section C PRN: 147 Executive Summary 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
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INTRODUCTION This report will describe briefly about the company‚ Tata motors and their sustainable innovative result‚ the world’s cheapest car Nano. (Tata motors‚ 2013) Tata Motors being the largest Indian automobile manufacturer‚ had revenues of INR 1‚65‚654 crores (USD 32.5 billion) in 2011-12. They have been the leading manufacturers of commercial vehicles. They also have award-winning products in the compact‚ midsize car and utility vehicle segments. They are also among the world’s top manufacturers
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Executive Summary 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
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Introduction About the TATA MOTORS Tata Motors is India’s largest automobile company‚ with consolidated revenues of Rs 92‚519 crore ($20 billion) in 2009-10. Through subsidiaries and associate companies. Tata Motors is the country’s market leader in commercial vehicles and among the top three in passenger vehicles. It is also the world’s fourth largest truck manufacturer and the second largest bus manufacturer. Tata cars‚ buses and trucks are being marketed in several countries in Europe‚ Africa
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Indian firm Tata has launched the Nano people’s car‚ which is the cheapest car in the world‚ in January 2008‚ and the company also led to the other manufacturers revealing their plans for the cheap car market. Companies like Toyota‚ Fiat and Ford are also interested in the production of the cheap cars‚ and they had announced to invest a huge amount in India to make a new small‚ low cost car. The increasing competition‚ which has developed because of the large used car market. This has forced car suppliers
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