Tata Motors is India's largest automobile manufacturer that has grown significantly in international markets. It has undertaken various strategies over the years through acquisitions, joint ventures, and R&D. Recently, it has lost momentum due to increased competition. Tata Motors is undergoing a transformation of its product lines, marketing strategy, and focus on customer satisfaction to regain market share. It has restructured through new product launches, improved quality, expanded distribution networks, and investments in branding. If successful, Tata Motors will emerge as a leading global automotive company.
This project is about the various strategies that are used by the Hero motocorp and the various aspects of the company. the contents in the project are.
COMPANY OVERVIEW:
• History of Hero Motocorp
• Mission, Vision and Objectives of Hero Motocorp
• Milestones of Hero Motocorp
• Organizational Structure of Hero Motocorp
• Product line of Hero Motocorp
• Major competitors of Hero Motocorp
Corporate governance at hero motocorp
Social responsibility at hero
Ethical practices at hero
Environmental analysis
Strategy formulation
Corporate strategies
Important strategic move of hero motocorp
Competitor analysis
This project is about the various strategies that are used by the Hero motocorp and the various aspects of the company. the contents in the project are.
COMPANY OVERVIEW:
• History of Hero Motocorp
• Mission, Vision and Objectives of Hero Motocorp
• Milestones of Hero Motocorp
• Organizational Structure of Hero Motocorp
• Product line of Hero Motocorp
• Major competitors of Hero Motocorp
Corporate governance at hero motocorp
Social responsibility at hero
Ethical practices at hero
Environmental analysis
Strategy formulation
Corporate strategies
Important strategic move of hero motocorp
Competitor analysis
Indian Automobile Industry
Products & Sub Brands
Brand Elements
Analysis of Brand Elements
Sources of brand equity
Brand Awareness, Identity, Personality, equity, Vision, Culture
Perceptual map of TATA Motors in India
TATA’s Commercial Vehicle Market Share in India
TATA’s Passenger Vehicle Market Share in India
Targeting and Segmentation
TATA’s Brand Hierarchy
Brand Extension
BCG Matrix Analysis
SWOT Analysis
Promotional Function of Tata Motors in Last few years
Challenges faced by TATA Motors
Recommendations for Future
Presentation is about TATA MOTORS,
-World’s today is fast paced, intermediate, world where people are asking for new answer mobility, India’s leading automotive company Tata motors is surging ahead with innovative solution.
Tata Motors Limited is India's largest automobile company. It is the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments.
The company is the world's fourth largest truck manufacturer, and the world's second largest bus manufacturer.
Tata Motors has been at the forefront of the Indian automobile industry's anti-pollution efforts by introducing cleaner engines. Therefore Tata Motors Limited is always committed to understanding customer needs.
Tata group Vision and mission and its porter's five forcesAKASH GHANATE
I have included the overview and Vision and mission, Porter's five forces analysis on TATA group FY 2021, Which comes under Strategic management, to understand and help the students.
Indian Automobile Industry
Products & Sub Brands
Brand Elements
Analysis of Brand Elements
Sources of brand equity
Brand Awareness, Identity, Personality, equity, Vision, Culture
Perceptual map of TATA Motors in India
TATA’s Commercial Vehicle Market Share in India
TATA’s Passenger Vehicle Market Share in India
Targeting and Segmentation
TATA’s Brand Hierarchy
Brand Extension
BCG Matrix Analysis
SWOT Analysis
Promotional Function of Tata Motors in Last few years
Challenges faced by TATA Motors
Recommendations for Future
Presentation is about TATA MOTORS,
-World’s today is fast paced, intermediate, world where people are asking for new answer mobility, India’s leading automotive company Tata motors is surging ahead with innovative solution.
Tata Motors Limited is India's largest automobile company. It is the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments.
The company is the world's fourth largest truck manufacturer, and the world's second largest bus manufacturer.
Tata Motors has been at the forefront of the Indian automobile industry's anti-pollution efforts by introducing cleaner engines. Therefore Tata Motors Limited is always committed to understanding customer needs.
Tata group Vision and mission and its porter's five forcesAKASH GHANATE
I have included the overview and Vision and mission, Porter's five forces analysis on TATA group FY 2021, Which comes under Strategic management, to understand and help the students.
INTERSHIP DISCUSSION- Using image, You should recognize designated.docxnormanibarber20063
INTERSHIP DISCUSSION- Using image, You should recognize designated tasks that are being completed on this internship and many of those tasks can be viewed as knowledge acquired (day-to-day responsibilities).
Share 1-2 skills you have developed that are directly applicable to this career goal.
-.....:......:..-
188 International Business Strategy
CASE 18
Tata Motors in 2014: Its Multibrand
Approach to Competing in the
Global Automobile Industry
David L. Turnipseed
University of South Alabama
Tata Motors, Ltd.• was India's leading automo-biIe manufacturer by revenue and the number-three passenger-vehicle brand in India in 2012.
However, in 2013 and 2014, the company's name-
sake brand slid into a decline, hath domestically and
internationally, with the company eventually losing
its number-three rank in automobile sales in India
to Honda. Also, the company's sales of commercial
vehicles declined in 2013 and 2014, causing the
company to drop from fourth-largest seller of com-
mercial vehicles to fifth.
Some of the company's poor performance could
be attributed to poor macro-economic conditions
in India, increasing competition, and a variety of
other external factors such as the possible elimina-
tion of diesel subsidies by the Indian government.
However, much of the company's poor performance
was a result of a flawed strategy and poor execution.
For example, it was imperative that the company's
managers consider how to expand the market for
its low-priced Nano, which had required substantial
investment during its development and had fallen
far short of sales expectations. Plus, the company's
entire strategy for its Tara-branded vehicles seemed
to be in disarray.
However, the company's Jaguar Land Rover divi-
sion was achieving great success, with a 23 percent
year-over-year increase in revenues and a 55 percent
year-aver-year increase in profit after tax in fis-
cal 2014. In fact, Jaguar Land Rover accounted for
88 percent of the company's total automotive rev-
enues in fiscal 2014 and 89 percent of its income
John E. Gamble
Texas A&MUniversity-Corpus Christi
before other income, finance cost, tax, and excep-
tional items in fiscal 2014. Tata Motors' manage-
ment would be forced to evaluate its strategy for its
Tata passenger cars, Tata commercial vehicles, and
Jaguar Land Rover division if it was to compete
successfully with the world's leading automobile
producers.
THE HISTORY OF
TATA MOTORS
Tata MOlars was a division of the Tata Group, which
was India's largest corporation, owning more than
90 companies spanning seven business sectors
(chemicals, information technology and communi-
cations, consumer products, engineering, materials,
services, and energy). In 2012, the corporation had
operations in over 80 countries, and it had gross rev-
enues of $83.5 billion in 2011. The company's gross
revenues dipped to $96.8 million in fiscal 2013,
after having reached $100 million in 2012. Nearly
60 percent of the Tata Group's revenues w.
This article discuss on Tata Motors overall strategic management. The article further discuss on the models and tools related to strategic management such as the PESTLE analysis, SWOT analysis, VRIO Framework analysis, and strategies that can be used to further achieve competitive advantage for example corporate level strategies such as grand strategies, secondary level strategies and integration strategies.
-.............-188 International Business StrategyCA.docxhoney725342
-.....:......:..-
188 International Business Strategy
CASE 18
Tata Motors in 2014: Its Multibrand
Approach to Competing in the
Global Automobile Industry
David L. Turnipseed
University of South Alabama
Tata Motors, Ltd.• was India's leading automo-biIe manufacturer by revenue and the number-three passenger-vehicle brand in India in 2012.
However, in 2013 and 2014, the company's name-
sake brand slid into a decline, hath domestically and
internationally, with the company eventually losing
its number-three rank in automobile sales in India
to Honda. Also, the company's sales of commercial
vehicles declined in 2013 and 2014, causing the
company to drop from fourth-largest seller of com-
mercial vehicles to fifth.
Some of the company's poor performance could
be attributed to poor macro-economic conditions
in India, increasing competition, and a variety of
other external factors such as the possible elimina-
tion of diesel subsidies by the Indian government.
However, much of the company's poor performance
was a result of a flawed strategy and poor execution.
For example, it was imperative that the company's
managers consider how to expand the market for
its low-priced Nano, which had required substantial
investment during its development and had fallen
far short of sales expectations. Plus, the company's
entire strategy for its Tara-branded vehicles seemed
to be in disarray.
However, the company's Jaguar Land Rover divi-
sion was achieving great success, with a 23 percent
year-over-year increase in revenues and a 55 percent
year-aver-year increase in profit after tax in fis-
cal 2014. In fact, Jaguar Land Rover accounted for
88 percent of the company's total automotive rev-
enues in fiscal 2014 and 89 percent of its income
John E. Gamble
Texas A&MUniversity-Corpus Christi
before other income, finance cost, tax, and excep-
tional items in fiscal 2014. Tata Motors' manage-
ment would be forced to evaluate its strategy for its
Tata passenger cars, Tata commercial vehicles, and
Jaguar Land Rover division if it was to compete
successfully with the world's leading automobile
producers.
THE HISTORY OF
TATA MOTORS
Tata MOlars was a division of the Tata Group, which
was India's largest corporation, owning more than
90 companies spanning seven business sectors
(chemicals, information technology and communi-
cations, consumer products, engineering, materials,
services, and energy). In 2012, the corporation had
operations in over 80 countries, and it had gross rev-
enues of $83.5 billion in 2011. The company's gross
revenues dipped to $96.8 million in fiscal 2013,
after having reached $100 million in 2012. Nearly
60 percent of the Tata Group's revenues were gener-
ated outside India. The Tara Group was a powerful
symbol of India's emergence as a world economic
powerand was India's largest private-sector emplo-
yer, WIth over 425,000 employees. A financial sum-
mary for theTaraGroup for fiscal 20 I0 through fiscal
2013 IS presented in Exhibit I.
COh ...
"Trans Failsafe Prog" on your BMW X5 indicates potential transmission issues requiring immediate action. This safety feature activates in response to abnormalities like low fluid levels, leaks, faulty sensors, electrical or mechanical failures, and overheating.
Why Is Your BMW X3 Hood Not Responding To Release CommandsDart Auto
Experiencing difficulty opening your BMW X3's hood? This guide explores potential issues like mechanical obstruction, hood release mechanism failure, electrical problems, and emergency release malfunctions. Troubleshooting tips include basic checks, clearing obstructions, applying pressure, and using the emergency release.
What Does the PARKTRONIC Inoperative, See Owner's Manual Message Mean for You...Autohaus Service and Sales
Learn what "PARKTRONIC Inoperative, See Owner's Manual" means for your Mercedes-Benz. This message indicates a malfunction in the parking assistance system, potentially due to sensor issues or electrical faults. Prompt attention is crucial to ensure safety and functionality. Follow steps outlined for diagnosis and repair in the owner's manual.
𝘼𝙣𝙩𝙞𝙦𝙪𝙚 𝙋𝙡𝙖𝙨𝙩𝙞𝙘 𝙏𝙧𝙖𝙙𝙚𝙧𝙨 𝙞𝙨 𝙫𝙚𝙧𝙮 𝙛𝙖𝙢𝙤𝙪𝙨 𝙛𝙤𝙧 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙡𝙖𝙨𝙩𝙞𝙘 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙪𝙨𝙚𝙙 𝙞𝙣 𝙖𝙪𝙩𝙤𝙢𝙤𝙩𝙞𝙫𝙚 𝙖𝙣𝙙 𝙖𝙪𝙩𝙤 𝙥𝙖𝙧𝙩𝙨 𝙖𝙣𝙙 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙛𝙖𝙢𝙤𝙪𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙗𝙪𝙮 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙛𝙧𝙤𝙢 𝙪𝙨.
Over the 10 years, we have gained a strong foothold in the market due to our range's high quality, competitive prices, and time-lined delivery schedules.
Comprehensive program for Agricultural Finance, the Automotive Sector, and Empowerment . We will define the full scope and provide a detailed two-week plan for identifying strategic partners in each area within Limpopo, including target areas.:
1. Agricultural : Supporting Primary and Secondary Agriculture
• Scope: Provide support solutions to enhance agricultural productivity and sustainability.
• Target Areas: Polokwane, Tzaneen, Thohoyandou, Makhado, and Giyani.
2. Automotive Sector: Partnerships with Mechanics and Panel Beater Shops
• Scope: Develop collaborations with automotive service providers to improve service quality and business operations.
• Target Areas: Polokwane, Lephalale, Mokopane, Phalaborwa, and Bela-Bela.
3. Empowerment : Focusing on Women Empowerment
• Scope: Provide business support support and training to women-owned businesses, promoting economic inclusion.
• Target Areas: Polokwane, Thohoyandou, Musina, Burgersfort, and Louis Trichardt.
We will also prioritize Industrial Economic Zone areas and their priorities.
Sign up on https://profilesmes.online/welcome/
To be eligible:
1. You must have a registered business and operate in Limpopo
2. Generate revenue
3. Sectors : Agriculture ( primary and secondary) and Automative
Women and Youth are encouraged to apply even if you don't fall in those sectors.
5 Warning Signs Your BMW's Intelligent Battery Sensor Needs AttentionBertini's German Motors
IBS monitors and manages your BMW’s battery performance. If it malfunctions, you will have to deal with an array of electrical issues in your vehicle. Recognize warning signs like dimming headlights, frequent battery replacements, and electrical malfunctions to address potential IBS issues promptly.
In this presentation, we have discussed a very important feature of BMW X5 cars… the Comfort Access. Things that can significantly limit its functionality. And things that you can try to restore the functionality of such a convenient feature of your vehicle.
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Upgrading the brakes of your car? Keep these things in mind before doing so. Additionally, start using an OBD 2 GPS tracker so that you never miss a vehicle maintenance appointment. On top of this, a car GPS tracker will also let you master good driving habits that will let you increase the operational life of your car’s brakes.
Core technology of Hyundai Motor Group's EV platform 'E-GMP'Hyundai Motor Group
What’s the force behind Hyundai Motor Group's EV performance and quality?
Maximized driving performance and quick charging time through high-density battery pack and fast charging technology and applicable to various vehicle types!
Discover more about Hyundai Motor Group’s EV platform ‘E-GMP’!
What Exactly Is The Common Rail Direct Injection System & How Does It WorkMotor Cars International
Learn about Common Rail Direct Injection (CRDi) - the revolutionary technology that has made diesel engines more efficient. Explore its workings, advantages like enhanced fuel efficiency and increased power output, along with drawbacks such as complexity and higher initial cost. Compare CRDi with traditional diesel engines and discover why it's the preferred choice for modern engines.
Symptoms like intermittent starting and key recognition errors signal potential problems with your Mercedes’ EIS. Use diagnostic steps like error code checks and spare key tests. Professional diagnosis and solutions like EIS replacement ensure safe driving. Consult a qualified technician for accurate diagnosis and repair.
What Does the Active Steering Malfunction Warning Mean for Your BMWTanner Motors
Discover the reasons why your BMW’s Active Steering malfunction warning might come on. From electrical glitches to mechanical failures and software anomalies, addressing these promptly with professional inspection and maintenance ensures continued safety and performance on the road, maintaining the integrity of your driving experience.
2. Overview of Tata Motors
Tata Motors is India’s largest automobile manufacturer and is growing at a tremendous rate in other
international markets. It is a company which was set up in 1945 by the name Tata Engineering and
Locomotives co ltd, for manufacturing locomotives. Further it started manufacturing Steam Road
Rollers and medium sized commercial vehicles with a collaboration between Marshall Sons (UK) and
Daimler Benz AGrespectively. Slowly they started to expand their product line; also commenced
exports to international markets starting with Srilanka in 1961. They also expanded their unit to Pune
in 1966 and ventured into heavy commercial vehicles by 1983. In 1985 they produced first hydraulic
excavator in collaboration with Hitachi. Then followed a set of indigenously developed light
commercial vehicles like 407, 608 and Tata Mobile 206 which became very popular.
Tata Engineering co ltd ventured into passenger cars with the launch of Tata Sierra in 1991. Tata
Estate and Tata Sumo followed in the coming years. During this period Tata entered into
collaboration with Cummins Engine co ltd for manufacture of high horsepower diesel engines and
Daimler Benz for the manufacture of Benz passenger cars in India. In 1997, they launched the most
successfulTata cars in India, Safariand Indica. In 2003, the name of the company was changed to
Tata Motors ltd.
Tata Motors had acquired many companies globally in the process of scaling up to today’s size.
Daewoo Commercial Vehicle co ltd from Korea in 2004, bus manufacturer Hispano Carrecera SA
from Spain in 2005, Jaguar and Land Rover for USD 2.3 billion in 2008 and Trilix Srl from Italy in
2010 are major takeovers made by Tata Motors over the years. They also had collaborated with Fiat
India Automobiles co ltd to manufacture passenger car’s engines and transmissions, Marcopolo from
Brazil for manufacturing fully build buses for India and markets abroad and Thonburi Automotive
Assembly plant co in Thailand to manufacture, assemble and market pickup trucks in South-east Asia.
Meanwhile, more vehicles were added to the product line across the segments like Ace,Winger,
Magic and so on. Most of these vehicles ended up creating new segments in the Indian Automobile
industry. One of the biggest achievement for Tata Motors was the development of Tata Nano, the
most affordable car in the world. This feat helped Tata Motors to attain international claims.
Unlike other automobile manufacturers,Tata Motors provides all forms of products ranging from
passenger cars,small-medium-heavy commercial and passenger vehicles, construction and earth
moving vehicles, tactical and armoured vehicles. They have also made their presence into auto-
components, engineering and research. If we analyse Tata motors growth, its been a mix of
acquisitions, joint ventures and indigenous research and development. They were highly successfulin
the execution of their strategy for last few decades but have lost the momentum in the last few years.
This sluggish growth in both passenger and commercial vehicle segments, raised due to increased
competition and mixed to bad reviews from customers for the products and services offered by the
company. Tata Motors is under a tremendous revamp across product line. They have incorporated
various strategies to make a comeback into the market and regain their market share. Change in the
marketing strategy is one of the most important part of this plan and is discussed in this article.
Tata Motors Consolidated Revenue
(source: amigobulls.com)
3. STP Analysis
Segmentation
Segmentation is the process of dividing the market into segments on customer characteristics and
needs. The need of segmentation is since no market is homogenous; each market can be divided into
different customer groups.
With its wide range of product line and global outreach, Tata Motors have mainly segmented the
market on the following parameters
Geography – Urban or Rural | Developed or Developing nation
Income – High income or Middle class
Usage – Private or Commercial
Targeting
Targeting is the process of choosing the most attractive segment on which the product or services is to
be marketed. Many factors come into picture before targeting specific segments, other than selecting
the most attractive segments.
The major targets of Tata Motors are:
Low income and middle-income groups
People living in the cities
Commercial use vehicles
Positioning
Tata Motors have used the strategy of having different brands to target different segments. They
achieved it with the help of acquisitions. They broadly position their products under following brands
Tata Motors – for both passenger and commercial vehicles, which target low income and
middle-class category.
Tata Daewoo – for medium and heavy commercial vehicles globally
Jaguar and Land Rover – these are high end vehicles which target the high-income class
Tata Motors Subsidiaries
(source: Case Study – Tata Motors: Becoming a global contender, SlideShare)
4. Role of Branding
Tata Motors is a well-known brand in the Indian automotive industry. Tata Motors have successfully
launched all their products with the most competitive price in the market and this strategy had worked
largely for them. The company also focussed on encashing the popularity and expertise the branch
possesses in Indian market. Globally they projected the strong financial backup they have by
acquiring significant number of stressful automotive companies and successfully restructuring them.
They choose not to brand the newly acquired companies with Tata Motors, but instead focussed on
revamping those companies by providing much needed financial assist, thereby re-establishing these
brands into the market. These brands being much popular and trusted across globe than Tata Motors,
it was much easier to carryout the turnaround. Acquiring these brands also helped Tata Motors to gain
access to expertise and cutting-edge technologies these companies possess. This created a positive
boost for Tata Motors in India as it helped in changing the perception of Indian customers.
Tata Motors is the largest automotive manufacturer in the country. Even under immense competition
in the market, they were able to retain a large chunk of the market. Branding have played a vital role
in attaining this. Tata Motors have tried to market the highly acclaimed products of Daewoo,Hispano
and Marcopolo under the Tata Motors brand in India, thereby balancing on both performance and
brand value. Prima and magna range of trucks, Starbus, Globus and Marcopolo series of buses etc are
few examples. But over the years,the performance of Tata Motors in India is weakening, and they are
undergoing a transition period.
When Tata Motors acquired Jaguar and Land Rover, that company was under huge financial crisis.
But the brand value was still high. Tata Motors build upon the same brand value. Today JLR is
growing at a phenomenal rate beating all other competitors and contributes eighty percent of Tata
Motors revenue.
(source: Case Study – Tata Motors: Becoming a global contender, SlideShare)
5. Restructuring Carried out by Tata Motors
Defining the problem
From 2009, Tata Motors are on a downfall in both passenger and commercial segments. This is
resulted by many factors
Increased competitions in various segments
Failure in updating the products and services, thereby becoming outdated in the fast
progressing market. Were late to the party in most cases.
Failed to incorporate the feedbacks and address the complaints from customers.
Better products and services,and marketing strategy by competitors
Lack of technological advancement and failed marketing strategy
Commercial Vehicles Market Share (comparison between 2009 and 2017)
(source: (Autobei consulting group)
Bringing in the much-needed change
Tata Motors is working on a turnaround and have almost started to reap the benefits of these
activities. Focus was on mainly
Product related
o Launching new product lines
o Revamp / discontinue old models
o Focus on Customer relation management (CRM)
Process related
o Increase operational efficiencies
o Realign structure to match business segmentation
In the case of passenger car branded under Tata Motors, the company made a very interesting move.
They went to rock bottom; the sales and revenue had gone to all time low. The number of cars sold in
2014-15 were equalto the sales in 2003-04. Then after a differential break, they started to replace the
existing models with new products which were all new from inside out. These cars were on a whole
new design principle, Impact Design Language. Tiago, Tigor, Hexa and Nexon were the cars designed
with this principle. This helped the company to win customers slow and steady. Sales and revenue
increased marginally, and Tata Motors returned to third position in sales during November 2017.
They even signed Lionel Messi for advertisement. Then came the real deal breaker.
An all new design language, dubbed Impact 2.0 was showcased in Delhi Auto Expo 2018. The cars
were stellar to define the least. Tata’s pavilion was the most sort after in the Expo. A moment to cheer
6. for Tata Motors, one which they never had in the last few years. They didn’t stop there, they are going
to launch an executive sedan in Geneva in the coming days, fingers crossed.
SWOT Analysis for Buses, Tata Motors
(source: Case Study – Tata Motors: Becoming a global contender, SlideShare)
Things are no different in commercial vehicles. Tata Motors have made a complete revamp of the
product line, customer relation management was re-established, increased the quality and number of
service and maintenance facilities, roped in a new brand Ambassador, Akshay Kumar etc were few of
these measures.
(source: Marketing Strategies of Tata motors, SlideShare)
7. Marketing Strategy Adopted by Tata Motors
When Tata Motors complete the undergoing turnaround action plan, the company will be a totally
different one than what we see today. Its not just new product lines. It’s a whole new marketing
strategy which is focussed on customer delight and satisfaction
Product
All the outdated products are eliminated and new product lines which out perform the
competitors are been launched.
Brand: Tata has always been a trusted brand in the Indian society and when people buy a Tata
product, they not only discern its features and quality but also associate with it as brand.
Recently, Tata Motors as a part of the revamp, came up with a new tagline ‘Connecting
Aspirations’. It is part of a compendious project that was launched last year on Corporate
Branding. They had analysed their current position, and where they wanted to be. It is after a
thorough market research,they came up with this tagline. Tata Motors having a strong
foundation and core values already, has always understood the aspirations of the customer.
Tata Motors have further consolidated various products to streamline the range of vehicles
they offer. This will help the company to capitalise on the brand value. Prima trucks, which
they adapted from Daewoo have given a kick start in heavy commercial vehicles.
Packaging: Tata Motors have come up with all new design languages Impact in 2016 and
Impact 2.0 in 2018. They also tied up with Microsoft to develop a connected platform for
Tata vehicles and Harman to provide best in class infotainment systems. Similarly, various
features are incorporated to make Tata vehicles stand out.
Innovations: Jaguar and Land Rover are known for their innovations and now Tata is bringing
it across its product line. Various drive modes in new gen Tata cars are one among them.
They have ventured into electric car segment and had won one of the country’s largest order
to supply 10000 electric sedan cars to Indian government, beating experienced players from
around the world. This was able only because of the innovations made within Tata Motors.
Quality control: quality has been the motto of the company right from the initial days and
they continue to work on it. In 2014, as the sales of Tata Motors went down due to low
quality products which forced the consumers to go for other alternatives, the company
decided to focus on quality rather than quantity and cut down the number of vendors from
1200 to 300-400.
Price
Tata Motors are always known to be competitively priced, much below the competitors thereby
creating an edge among others. Even in the turnaround plan, the company remain to follow the same
principle. In a market like India, this strategy is very crucial.
Tata Motors have introduced the world’s least expensive car,Tata Nano which was a game changer at
a price tag of 1 lakh. With this car,the dream of millions of people of owning a car turned into reality.
On the other hand, the Tata Motors owned Jaguar which caters to the high-end customers.
Pricing strategy of Tata Motors include
Price penetration
Low profitability pricing
8. Place
Distribution Networks:Tata Motors have presence in 170 countries and has 6600 touch points across
globe. In India, they have vast network of dealerships across the length and breadth of the country. As
a part of the restructuring plan, the company have planned to increase the number of dealerships
which will help to further increase the presence of the company deeper into root level. The quality of
service provided in these facilities are also improved tremendously.
For passenger cars alone, Tata Motors have around 546 outlets and in a plan to add another 200 by
this year. They aim to have 1500 outlets in the next five years. Similarly, Tata Motors being the
market leader in commercial vehicles claims to have a service facility every 50kms. They have also
come up with a new franchise model called 3S which stands for sales, service and spare,all under one
roof. This network is expanding fast and already have 50 such facilities. All these are done to increase
the accessibility and service.
Key Strategies in Customer Relations
(source: Marketing Strategies of Tata Motors, studymode.com)
Promotion
The company is investing heavily on promotion. With the changed dynamics, Tata Motors aim to
reach out to class of people. For this they have heavily invested on
Advertisement: Tata Motors have roped in Lionel Messi to endorse one of its cars and Akshay Kumar
to endorse for its commercial vehicles. These both are too different strategies to reach to different
segments of customers. Similarly, for Jaguar and Land Rover, they focus on projecting the
performance aspect.
Public Relations: These include plans and programs to influence public opinions or reaction about the
product or organisation. To accomplish this and to increase the awareness of the people, Tata Motors
had shown their presence in all major auto expos and exhibitions.
9. Conclusion
In this article, we have tried to analyse different marketing strategy of Tata Motors and analyse the
impacts of such strategy in helping Tata Motors to satisfy the customers. Tata Motors which had a bad
track record in the past is under a complete overhaul in all segments. By this transition, Tata will
emerge as one of the most sort after automotive company in India in specific as well as globally in the
coming years. The change is around the corner and the company have already started to feel the
traction. Tata Motors also have enormous plans in extending their global reach. The joint venture with
Chery Automobile in china to manufacture Jaguar and Land Rover in China is just one example of it.
And this had helped to make China the largest market for Jaguar and Land Rover within a short
period of operation. Things are not different for other markets like US, UK,India etc.
Tata Motors is carrying out substantial research and development in electric car segment, which is
slated as the future. They have showcased five electric car models in the Delhi auto expo, one being a
sports car. Jaguar is on the verge of launching an all new electric SUV, which outclass the
competitors. All these put together will change the future of the company itself. If the company can
make things right for vehicles under Tata Motors brand at this point, it can easily become one of the
largest automotive company in the world.
Reference
www.tatamotors.com
Marketing Strategies of Tata Motors, studymode.com
Marketing Strategies of Tata motors, SlideShare
Case Study – Tata Motors: Becoming a global contender, SlideShare
www.amigobulls.com