The 1990s ushered in a new era in India’s passenger car industry. There were just a handful of vehicles to choose from till the 1980s, but a freshly-minted liberalised economy brought winds of change that rapidly took shape in the form of numerous new models and options across new segments.
It was the decade that saw the launch of three cars that would go on to become popular icons. Tata Motors, known as the maker of trucks and heavy vehicles till then, took its first step towards becoming a maker of passenger cars with the launch of the Sierra, an off-road utility vehicle, in 1991. The Sierra was the first car produced in India with electric windows, air-conditioning and adjustable steering wheels; it was also the vehicle that saw the tachometer for the first time, now a ubiquitous feature in cars. The Sierra was followed by the Estate, a station wagon, in 1992, the Sumo in 1994, and the Safari in 1998. All four models were based on the Tata Telcoline, a commercial pick-up launched in 1988. The only other comparable vehicle launched in the 1990s was the Mahindra Classic.
“If you go back to the 1990s, there used to be only two car segments:
Cars with a box and cars without a box. That was such a simple life actually,” remembers Mayank Pareek, president of Tata Motors. “But as the industry matures, segments and sub-segments creep in, catering to the different choices and preferences of customers.”
Bu hikaye Forbes India dergisinin April 10, 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Forbes India dergisinin April 10, 2020 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Home-Cooked Meal Is Now Greatly Valued
The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients
Paytm 3.0 - Reaching Near Breakeven In Two Years
As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term
DIGITALISATION WILL HELP IN VALUE CREATION
As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India
Industry 4.0: Climate Revolution?
Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent
EV Dream Still Miles Away
Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure
Living Waters
A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet