Tata Motors, South Asia’s largest automotive company, is approaching China to source the components that are unavailable in the Indian auto market. The Chairman of Tata Motors, Ratan Tata said that the company took this move as the auto maker is planning to manufacture vehicles with automatic transmission in the domestic market.
Tata has a wide range of trucks, sedans and Utility Vehicles (UV) in its product portfolio and is likely to benefit from the ‘unbelievable’ prices offered by the Chinese component makers. The Chairman of the company further said that the auto maker will also buy ‘sub-assemblies’ along with the automatic transmission kits.
Tata Motors is looking ahead to compete with the big players of the Indian auto industry, including Toyota Motor and Ford Motor. The manufacturer of the iconic Tata Nano has a cause for concern as the company registered the lowest profits in its tenure of three years that ended in the fiscal of 2012.
Deepesh Rathore, Managing Director, IHS Automotive, India quoted, “Sourcing from China would be the only way forward for Tata given that an Indian supplier may not be willing to build something like an automatic transmission unless the volumes were high enough.”
The domestic unit of Tata is not offering any vehicle with automatic transmission at present, whereas Maruti Suzuki on the other hand has five variants with the same technology in its portfolio. The country's second largest auto maker, Hyundai Motor offers the same on most of its eight brands.
Ratan Tata, who will step down from the position of the Head of the company in December, said that he has not been able to make the multinational a “truly open, flat, transparent organisation”. On being asked about what he was unable to do that he had wanted to during his position as the Head of the company, Mr. Tata further added, “Perhaps internally, I have not been able to create the truly open, flat, transparent organisation that I had hoped we could do.” He said that his group, which was mainly “a traditionally manufacturing company in a sellers market", was not successful in “really embracing the customers' values”, however, he hoped that he would be able to pass on the legacy to carry on the trend of progress without compromising with values and ethics.Tata Motors, South Asia’s largest automotive company, is approaching China to source the components that are unavailable in the Indian auto market. The Chairman of Tata Motors, Ratan Tata said that the company took this move as the auto maker is planning to manufacture vehicles with automatic transmission in the domestic market.
Tata has a wide range of trucks, sedans and Utility Vehicles (UV) in its product portfolio and is likely to benefit from the ‘unbelievable’ prices offered by the Chinese component makers. The Chairman of the company further said that the auto maker will also buy ‘sub-assemblies’ along with the automatic transmission kits.
Tata Motors is looking ahead to compete with the big players of the Indian auto industry, including Toyota Motor and Ford Motor. The manufacturer of the iconic Tata Nano has a cause for concern as the company registered the lowest profits in its tenure of three years that ended in the fiscal of 2012.
Deepesh Rathore, Managing Director, IHS Automotive, India quoted, “Sourcing from China would be the only way forward for Tata given that an Indian supplier may not be willing to build something like an automatic transmission unless the volumes were high enough.”
The domestic unit of Tata is not offering any vehicle with automatic transmission at present, whereas Maruti Suzuki on the other hand has five variants with the same technology in its portfolio. The country's second largest auto maker, Hyundai Motor offers the same on most of its eight brands.
Ratan Tata, who will step down from the position of the Head of the company in December, said that he has not been able to make the multinational a “truly open, flat, transparent organisation”. On being asked about what he was unable to do that he had wanted to during his position as the Head of the company, Mr. Tata further added, “Perhaps internally, I have not been able to create the truly open, flat, transparent organisation that I had hoped we could do.” He said that his group, which was mainly “a traditionally manufacturing company in a sellers market", was not successful in “really embracing the customers' values”, however, he hoped that he would be able to pass on the legacy to carry on the trend of progress without compromising with values and ethics.Tata Motors, South Asia’s largest automotive company, is approaching China to source the components that are unavailable in the Indian auto market. The Chairman of Tata Motors, Ratan Tata said that the company took this move as the auto maker is planning to manufacture vehicles with automatic transmission in the domestic market.
Tata has a wide range of trucks, sedans and Utility Vehicles (UV) in its product portfolio and is likely to benefit from the ‘unbelievable’ prices offered by the Chinese component makers. The Chairman of the company further said that the auto maker will also buy ‘sub-assemblies’ along with the automatic transmission kits.
Tata Motors is looking ahead to compete with the big players of the Indian auto industry, including Toyota Motor and Ford Motor. The manufacturer of the iconic Tata Nano has a cause for concern as the company registered the lowest profits in its tenure of three years that ended in the fiscal of 2012.
Deepesh Rathore, Managing Director, IHS Automotive, India quoted, “Sourcing from China would be the only way forward for Tata given that an Indian supplier may not be willing to build something like an automatic transmission unless the volumes were high enough.”
The domestic unit of Tata is not offering any vehicle with automatic transmission at present, whereas Maruti Suzuki on the other hand has five variants with the same technology in its portfolio. The country's second largest auto maker, Hyundai Motor offers the same on most of its eight brands.
Ratan Tata, who will step down from the position of the Head of the company in December, said that he has not been able to make the multinational a “truly open, flat, transparent organisation”. On being asked about what he was unable to do that he had wanted to during his position as the Head of the company, Mr. Tata further added, “Perhaps internally, I have not been able to create the truly open, flat, transparent organisation that I had hoped we could do.” He said that his group, which was mainly “a traditionally manufacturing company in a sellers market", was not successful in “really embracing the customers' values”, however, he hoped that he would be able to pass on the legacy to carry on the trend of progress without compromising with values and ethics.Tata Motors, South Asia’s largest automotive company, is approaching China to source the components that are unavailable in the Indian auto market. The Chairman of Tata Motors, Ratan Tata said that the company took this move as the auto maker is planning to manufacture vehicles with automatic transmission in the domestic market.
Tata has a wide range of trucks, sedans and Utility Vehicles (UV) in its product portfolio and is likely to benefit from the ‘unbelievable’ prices offered by the Chinese component makers. The Chairman of the company further said that the auto maker will also buy ‘sub-assemblies’ along with the automatic transmission kits.
Tata Motors is looking ahead to compete with the big players of the Indian auto industry, including Toyota Motor and Ford Motor. The manufacturer of the iconic Tata Nano has a cause for concern as the company registered the lowest profits in its tenure of three years that ended in the fiscal of 2012.
Deepesh Rathore, Managing Director, IHS Automotive, India quoted, “Sourcing from China would be the only way forward for Tata given that an Indian supplier may not be willing to build something like an automatic transmission unless the volumes were high enough.”
The domestic unit of Tata is not offering any vehicle with automatic transmission at present, whereas Maruti Suzuki on the other hand has five variants with the same technology in its portfolio. The country's second largest auto maker, Hyundai Motor offers the same on most of its eight brands.
Ratan Tata, who will step down from the position of the Head of the company in December, said that he has not been able to make the multinational a “truly open, flat, transparent organisation”. On being asked about what he was unable to do that he had wanted to during his position as the Head of the company, Mr. Tata further added, “Perhaps internally, I have not been able to create the truly open, flat, transparent organisation that I had hoped we could do.” He said that his group, which was mainly “a traditionally manufacturing company in a sellers market", was not successful in “really embracing the customers' values”, however, he hoped that he would be able to pass on the legacy to carry on the trend of progress without compromising with values and ethics.Tata Motors, South Asia’s largest automotive company, is approaching China to source the components that are unavailable in the Indian auto market. The Chairman of Tata Motors, Ratan Tata said that the company took this move as the auto maker is planning to manufacture vehicles with automatic transmission in the domestic market.
Tata has a wide range of trucks, sedans and Utility Vehicles (UV) in its product portfolio and is likely to benefit from the ‘unbelievable’ prices offered by the Chinese component makers. The Chairman of the company further said that the auto maker will also buy ‘sub-assemblies’ along with the automatic transmission kits.
Tata Motors is looking ahead to compete with the big players of the Indian auto industry, including Toyota Motor and Ford Motor. The manufacturer of the iconic Tata Nano has a cause for concern as the company registered the lowest profits in its tenure of three years that ended in the fiscal of 2012.
Deepesh Rathore, Managing Director, IHS Automotive, India quoted, “Sourcing from China would be the only way forward for Tata given that an Indian supplier may not be willing to build something like an automatic transmission unless the volumes were high enough.”
The domestic unit of Tata is not offering any vehicle with automatic transmission at present, whereas Maruti Suzuki on the other hand has five variants with the same technology in its portfolio. The country's second largest auto maker, Hyundai Motor offers the same on most of its eight brands.
Ratan Tata, who will step down from the position of the Head of the company in December, said that he has not been able to make the multinational a “truly open, flat, transparent organisation”. On being asked about what he was unable to do that he had wanted to during his position as the Head of the company, Mr. Tata further added, “Perhaps internally, I have not been able to create the truly open, flat, transparent organisation that I had hoped we could do.” He said that his group, which was mainly “a traditionally manufacturing company in a sellers market", was not successful in “really embracing the customers' values”, however, he hoped that he would be able to pass on the legacy to carry on the trend of progress without compromising with values and ethics.
