tata nano- the people’s car final
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Tata Nano- The Peoples Car
Prathibha
Prerna
Ragini
Ritu
Prayag
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Introduction
Ratan Tatas dream in 2003- Producing a safe,
affordable car for the common man
Debuted at the 9th annual Auto Expo on
January 10, 2008, New Delhi
Commercial launch: March 23, 2009
Worlds cheapest car with a price tag of Rs
1,00,000
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Tata Company Chairman Ratan Tata announces the newly launched TataNano at the 9th Auto Expo in New Delhi, India, Thursday, Jan. 10, 2008.
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Nanos Description
The car itself is expected to boost the IndianEconomy, create entrepreneurial- opportunitiesacross India, as well as expand the Indian carmarket by 65%.
The project has become India's claim-for-fame inthe international-media.
Nano compared with Henry Ford's Model T
launched exactly 100 years earlier, in 1908. Mass-manufacture the Nano, particularly the
electric-version, and, besides selling them inIndia, to also export them world-wide
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Market Analysis
Besides lower middle class in India, it can be
sold in Pakistan, Nepal, Bangladesh and even
Africa.
The low price makes the car affordable for
families with incomes of Rs 1 lakh per annum.
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Market Analysis (Cond)
Costing:
As volumes go up, so will the returns.
Capacity of 2.5 lakh cars a year, upgradeableto 3.5 lakh cars a year
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Customer Analysis
Customer Segment:
The Great Indian Middle Class
Upper,
Middle and
Lower
Students and working ladies
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Competitor Analysis
Five segments that could be affected by Nano (Direct)
1. Entry level car segment
2. Used car market
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Competitor Analysis (Cond)
Indirect competitors:
Two Wheeler Segment
Three Wheeler Segment Taxi Segment
Metros
Local Trains
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Competencies of Tata Nano
Tata a valuable global brand
Innovation: Modular design (Kit Car), creatinga unique distribution channel
Nanos components- 90% outsourced and 75%single sourced
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What makes it so cheap?
The Tata Nano uses plastics and adhesives ratherthan welding.
introducing the car with an artificially low price
through govt-subsidies and tax-breaks, using vertical-integration,
partially using inexpensive polymers orbiodegradable plastics instead of a full metal-body.
It has no AC, no power steering, no powerwindows, no power bells and whistles.
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SWOT
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Strengths: Price, mileage, style, brand name, first
innovation.
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eakness: Fiber body, low suspension power, lowengine capacity, light vehicle, not suitable for hilly
areas.
Opportunity: Bikers can be motivated, auto rickshaw
& second market can be motivated.
Threats: Competitors.
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Thank You !
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