TATA MOTORS, INDIA’S third-largest carmaker, is well known for its risk-taking nature. Be it with the launch of India’s first true-blue sports utility vehicle (SUV) Tata Safari in 1998, or now with its aggressive push into India’s nascent electric vehicles (EV) market, the homegrown automaker is at its competitive best. This competitive intensity is also reflected in the carmaker’s performance on the BT500 2022 list, where it has climbed 15 spots to No. 33, and its average market cap has jumped 72.1 per cent to ₹1.51 lakh crore during the study period (October 2021-September 2022).
While all is well for the firm domestically, its UK-based subsidiary Jaguar Land Rover (JLR) has hit a speed bump. “It [Tata Motors] exists in the global market and its financials depend a lot on the overseas market. Right now, we’re looking at a slowdown that is disrupting demand globally,” says Gaurav Vangaal, Associate Director of Light Vehicle Production Forecast-Indian Subcontinent at S&P Global Mobility.
But JLR is only one part of the behemoth. Its portfolio also includes commercial vehicles (CVs), traditionally its largest segment; passenger vehicles (PVs), where demand has increased rapidly; and EVs, its fastest growing segment.
この記事は Business Today India の December 11, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Business Today India の December 11, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Pension Scheme - Safety Net
The move to introduce the UPS has evoked mixed reactions. Analysts believe its funding will have limited impact on the fiscal math
The Reit Choice?
Real Estate Investment Trusts (Reits) Are Gaining Traction As Interest Rates Stabilise. But Returns Could Be Affected By Adverse Economic Conditions And Market Volatility
CORPORATE - Calling to Account
The sudden exit of Byju's auditor BDO marks the latest in a long series of setbacks for the edtech firm
EMPLOYMENT: Skills Push
The skill development ministry plans to partner with the UGC to improve the employability of undergraduates
Building on a Vision
L&T'S CHAIRMAN EMERITUS A. M. NAIK HAS BUILT A MAMMOTH ENTERPRISE THAT IS BUILDING A NEW INDIA, FROM ITS METRO RAIL SYSTEMS TO THE RAM TEMPLE
"KYS more important than KYC"
Vijay Kedia is a renowned equity investor; the value of his listed portfolio stands at around ₹1,750 crore
ROXX STAR
THE THAR ROXX COMBINES LUXURY WITH PERFORMANCE TO MAKE A STRONG STATEMENT IN THE MID-SIZE SUV SEGMENT
HIT THE GROUND RUNNING
Smartwatches have become indispensable tools for runners, offering real-time insights into pace, distance, heart rate, and more. Here are a few you can consider
TURNING THE TABLES
INDIA'S FURNITURE MARKET IS POISED FOR A GLOBAL TAKE-OFF. ALREADY, A HOST OF GLOBAL BRANDS HAVE MADE THE COUNTRY THEIR HOME, BUT INDIAN COMPANIES ARE NOT TOO FAR BEHIND
THE EVOLUTION OF ATHERA
IDENTIFYING OPPORTUNITIES IN ADVANCE HAS STOOD THIS BENGALURU-BASED VC FUND IN GOOD STEAD. NOW, WITH A HEIGHTENED FOCUS ON TECHNOLOGY, IT WANTS TO SUSTAIN THE SUCCESS