Kolb Model Essay

In 1960, West Bengal has been amongst the 3 richest states of India. Being a British capital of those times it has a strong manufacturing tradition. During the colonial period, West Bengal was one of the leading states having the highest contribution to nation’s industrial output and employment and continued this trend till the 1960’s.Post 1960, the state started losing its prominence and witnessed reduced productivity and labour militancy on a grand scale. This trend continued till the late 90’s, but the turning point came after 2000 where there has been a resurgence in the state’s industrial sector. Economic reforms and competition among states have led to renewed interest of Business groups in investing in West Bengal. This revival is evident from the upward trend

For over 130 years, Tata's mission has always been to develop India as a great industrial power. Tata truly believes the development of a nation lies in the hands of the business owners. Tata has done a great deal in developing the infrastructure of India, especially in Jamshedpur, the city where Tata originated. Jamsetji Tata turned Jamshedpur from a jungle to the one of the largest industrial sectors of India. There he opened factories, schools, churches, parks and hospitals for Tata employees that showed his commitment to all the stakeholders that would be a part of Tata. Tata was the first one to introduce an eight hour work day concept in India and offered medical benefits to employees, which even today is unknown to many employers in India. After the death of Jamsetji Tata in 1991, his son Ratan

Also to gain knowledge about how TATA brought this new product i.e., “NANO” up to the development stage and finally going to launch it on 23rd March, 2008 (already launched till now).

There are 32 publicly-listed Tata enterprises and they have a combined market capitalization of about $122.34 billion (as on May 22, 2014), and a shareholder base of 3.9 million. Tata companies with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.Many Tata companies have achieved global leadership in their businesses. For instance, Tata Communications is the world’s largest wholesale voice carrier and Tata Motors is among the top five commercial vehicle manufacturers in the world. Tata Steel is among the top 10 best steelmakers and TCS is amongst the top 10 global IT services companies. Tata Global Beverages is the second-largest player in tea in the world and Tata Chemicals is the world’s second-largest manufacturer of soda ash. Employing a diverse workforce in their operations, Tata companies have made significant local investments in different

Ratan Tata initiated and proposed to produce and deliver a passenger car at the Annual General Meeting but his ideas were taken immaterial by industry experts at that point of time. His strong determination and vision helped to complete Indica’s project successfully.

Industrial policy can vary depending upon the ruling party: BJP since it formed the government has been a boisterous, economy driving, business

USP of Madhya Pradesh- Getting land in Madhya Pradesh for investment projects is easier in comparison to other states. This is because of the fact that Madhya Pradesh has a land bank of approximately 25000 hectares. Suitable for big investors, this land can be acquired via a transparent process and developed as per individual project requirements.

The subject area of the case is mainly into strategy, sector analyses of various industries in India and specifically looks into the revenue split among various industries that the company provides solutions to. The case deals with suggestions to a very lucrative sector of manufacturing for the company. These decisions are implemented by the upper level of management. This will help the company increase profits as well as revenues. This potential can be unlocked by our company for future expansion.

It needs to be understood that this is a case observed worldwide, but even so the conditions especially in Mumbai are different as compared to the ones in Manchester or Lowell. The existence of such a vast market needs to be the reason for the industry to flourish. Knowing very well all these aspects the mill owners and the state are thoroughly convinced that the only source for earning enormous profits is through the surplus mill lands.

It would be under his leadership that his father’s ideas would be realized essentially with the establishment of the conglomerates, Tata Steel (1907) and Tata Power (1911). Both constitute the core of the present-day Tata group. Moreover, Sir Dorab Tata also contributed to helping India’s educational system grow by creating the Indian Institute of Science in Bangalore in 1911. This would become one of the first of many centers of research and learning that would both support the Tata group and enhance its development. In addition, the Tata group is also characterized by the way they care for their employees. A perfect example of this would be, when in 1912, Tata Steel introduced an eight-hour working day even though it was not statutory in most industrialized nations. Under Sir Dorab Tata’s management, the Tata group, which already possessed three cotton mills and a luxury hotel, now also included the largest private sector steel company as well as three electric companies and one of India’s main insurance companies, New India Insurance Co Ltd in 1919 (the largest General Insurance Company in

dia k big. Ind must think small to stay b — Ra atan Tata, Cha airman Tata G Group In March 2009, Tata Motors India’s larg , s, gest automob company by sales lau bile unched the world’s cheap pest car, the Tata Nano i India price at $2500 (see Exhibit 1 for a pict in ed ture of the N Nano). Throu ugh this laun nch, the comp pany realized Tata Group Chairman R d Ratan Tata’s v vision of mak king a “peop ple’s car” - a safe, affordab car which was within everyone’s r ble h reach. Ratan T Tata’s overar rching ambit tion was to build innova b ative product for the ma ts asses. He exp plained, “The aim is to c e create produ

Another challenge is to formulate strategies for over 100 companies in more than 80 countries. Besides this, another problem of Tata Group is the high involvement of Ratan Tata, who is the chief steward of the group of nine senior executives sitting on the boards of the Tata companies, in both the negotiations of major deals and the details of his auto-making, telecom or steel businesses (Luthans and Doh 2009). The next challenge for Tata is on how to absorb the struggling Corus mills. Other challenges for the future include deciding on which businesses to spin-off and which to pursue, what will happen to the conglomerate during an economy slow-down. The most challenge issue for Tata Group perhaps would be to fill the void left behind by the energetic and visionary Mr Ratan Tata - Chairman of the Tata Group, when he retire (Koontz and Weihrich 2010).

Tata Motors Limited, formerly known as TELCO (TATA Engineering and Locomotive Company), was formed in 1954. It is the only fully integrated automobile manufacturer that now stands as India's largest and the world’s 5th largest passenger automobile and commercial vehicle manufacturing company with a product range designed to meet national and international transportation needs.

Tata Motors and its parent company, the Tata Group, are ahead of the game in the technology field. “The foundation of the company’s growth is a deep understanding of economic stimuli and customer needs, and the ability to

If the Padma Bridge is constructed the total communication system will be developed moreover the dream of Gas and Railway of the people of south-west Bengal will come true. And consequently the socio-economic condition of the people of those regions will be developed.