SYNOPSIS
The case illustrates the opportunities, challenges and trade-offs involved in the design, prototyping and marketing of the Nano — the so-called people’s car — by Tata Motors Ltd. (TML), a Tata Group company. The case takes place nine months after the company’s chairman, Ratan Tata, launched the Nano, on January 10, 2008, at the 9th Auto Expo in Pragati Maidan, an exhibition center in New Delhi, India. The case asks students to take the position of Ravi Kant, the company’s managing director, in early September 2008, as he faces multiple dilemmas that could lead to the temporary closure of the Nano manufacturing facility in Singur, West Bengal: increasing competition, rising
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The presentation lacked three points that would have helped us make a better evaluation on Tata’s global strategy and helped their presentation be more credible. Firstly, the presentation did not address the different car models that currently exist and ones that Tata plans to launch in the future. As Tata goes into the United States and European market, the cars do not have to be at the $2,500 price point since the lowest car prices in United States, for example, is about $9,000. Considering this, Tata can add more necessary features and increase their price (and margins) by charging between $5000 and $9,000. Second thing that the presentation could have addressed is the synergies Tata can obtain from their Jaguar and Land Rover business, in terms of distribution channels, international markets, etc. At the same time, the negative impacts a low end Tata Nano will have on Tata’s high end Jaguar and Land Rover needed to be mentioned. Thirdly, the presentation needed to compare Tata to one of its competitors, Sitara. Sitara was launched in Pakistan at about the same price range and targeted the same markets, competing against two wheelers. Pakistan’s consumer behavior is similar to that of India, so by studying why Sitara only sold about 500 models and failed can help us mitigate these risk and failures when launching and expanding Tata.
The team recommended entering the EU and the US markets. Our team came to the conclusion that
Owen Waites ELA 9G, Period 8 To Kill A Mockingbird Essay March 21, 2024. The “Respectable Courage” 92% of people fail at being successful because they quit trying after failure. When people quit, the chance of failing is 100%. Having courage means going for something even though you might not win, as Atticus said,“ I wanted you to see what real courage is. It's when you know you're licked before you begin, but you begin anyway and you see it through no matter what”(Lee 128).
Whether with a cold shoulder welcome or a open arm embrace, the United States has constantly received a range of global immigrants, over half whom originate from Latin America (migrationpolicy.org). Largely driven by the prospect of the “American Dream,” the Latino immigration movement began in the 1840s and has fluctuated with new policies, including the bracero program, an oppressive operation for temporary migrant workers, during World War II, and the Immigration Act of 1965, which created the first immigration limit for the Western Hemisphere (Gutiérrez, Ewing). Since 1960, the Latino population in America has grown from 3.24% of the U.S. population to 16%, and recent estimates proclaim an approximate 11 million undocumented Hispanics, revealing the growing need for for a political reassessment of immigration policy (Gutiérrez, whitehouse.gov). Today, immigration policy, particularly pertaining to Hispanics, has become a controversial subject in the United States, bearing opposing views and proposals, accompanied by diverse impacts that could reverberate throughout the Americas.
I believe that the fundamentals and criteria of my strategic approach were pointing in the right direction. I assumed that the high growth potential market was for
company’s business strategies. Given the high quality of the cars they produce, with better service provided, more targeted
3.) How should the company decide on opportunities for entering new international markets? How much emphasis should be placed on this strategy?
To offer safe, environmentally friendly and mobile cars for the tough Indian market and represent the global benchmark. (Volkswagen.co.in)
The case study throws light on the success story of two Indian based manufacturing companies and the strategies adopted by them to become the giants in the world market. Where one company Suzlon had shifted its roots from a former textile industry to an entirely different Wind Energy Industry, Bharat Forge entered the domestic market as automotive manufacturers stuck to their primary business of forging and expanded their business all over the world in the same field. Both the companies believed that an enhancement in technology is a mandate for a vast global footprint and development.
Ratan Tata, chairman of Tata Motors Ltd., hoped to raise the status of Middle class families in India by offering the Tata Nano. Expectations were increasing amongst the customers regarding the product features and its efficiency. Competitors were eagerly waiting for its arrival to find out what they were going to be up against. It had strong and convincing features and was actually a good product. Unfortunately there were too many strategic marketing problems that kept it from being as big as they thought it was going to be. We will explain the problems it met and showcase some alternative solutions that could be implemented.
Tata Engineering and Locomotive Co. Ltd was established in 1945. In 1954, the company launched its first automobile; between 1954 and 1969, it collaborated with Daimler Benz to produce commercial vehicles. By the 1990s, the company had entered the passenger vehicle market. In 2004 Tata Motors acquired Daewoo commercial Vehicle Co. Ltd., Korea’s second- Largest truck manufacturer, and became the first Indian company to be listed on New York Stock Exchange. The next year, it acquired a 21% stake in a Spanish bus manufacturer, and in May 2008, it bought British automotive icons Jaguar and Land Rover from Ford Motor Co. The auto mobile industry in India benefited significantly from liberalization in the 1990s, when the
Through the Tata Megapixel marketing campaign need for a stylish, reliable, ecofriendly and economic vehicle will be created.
and the British premium car maker Jaguar Land Rover in 2008. Jaguar-Land Rover PLC is a British
Tata Motors faced many challenges in the process of moving to produce passenger cars from producing commercial vehicles. They are as follows:
The other international strategy option is the joint ventures that Tata Motors created with numerous other car companies such as Daimler-Benz, Tata Holset, MG-Rover, Fiat and many others. The most profitable of those turned out to be the Jaguar-Land Rover and Fiat. After the official merger and acquisition of Jaguar-Land Rover in 2013 (JaguarLandRover 2016), Tata Motors was able to target a significantly different market in the premium market segment. The capital on growth opportunities with acquiring two globally recognized brands was considerably high.