Tata Motors Essay

TATA MOTORS

Tata Motors Limited had a consolidated revenues of rupees 2,32,834 crores making it the largest automobile company in the Indian market. Tata Motors is among the top 3 manufacturers in the passenger vehicle segment while in the commercial vehicle segment, Tata motors have been able to sustain their number one position for a long time. It has won a lot of awards for its products in the commercial vehicle segment and is also accredited for the production of top vehicles in the passenger segment in the compact, mid-size and utility vehicle segment. It’s most notable products are Tata Nano, Tata Indica and Indigo and Tata Safari. It is also the second largest bus manufacturer in the world and also supplies CNG buses to the Delhi Transportation Corporation. Tata motors limited also manufactures trucks and is the fourth largest manufacturer in this segment.

Tata Motors was established in the year 1945 and since its establishment the company has been able to expand its presence all across the county. The first vehicle was produced in 1954, and now over 80 lacs vehicle produced by Tata Motors are running on Indian roads. Being present across the country, Tata

It contributes around 7 percent to the GDP of the nation. The industry is growing at CAGR of 14 percent for the last six years. The annual production was over 20 million units in 2013 and consisted of 2 wheelers, 3 wheelers, passenger vehicles and commercial vehicles. Although 2 wheelers enjoy a share of around 77% in the industry, passenger vehicle segment has been steadily growing. In FY13, passenger vehicle segment had a production of around 3.2 million units. The major players in the passenger vehicle segment are Maruti Suzuki, Hyundai, Mahindra, Toyota and Tata Motors. The commercial vehicle segment had a production of around 7 lac units with Tata Motors, Mahindra and Mahindra and Ashok Leyland being the major players in the