HND BUSINESS AND MANAGEMENT I TATA GROUP

HND business and management Tata group

HND business and management Tata group

Introduction

The Indian automotive industry automotive sector is one of the main branches of the Indian economy, continued economic liberalization over the years, the Government of India has led to the acceptance of India as one of the main lines of business for many global automotive players. Tata Group is one of the most recognized and respected business groups in India. Tata Group's Cité, interchangeable with the industrialization of India. Group dedicated to India its first steel plant, hydroelectric power, inorganic chemistry and the plant is the reservoir of scientific and technical personnel for nation.The automotive sector in India is growing at around 18 percent per year.

Tata Motors has expanded enormously over the years, and this article examines international business activity in which he participated in, partnership and joint venture, it seems preferable to the possibility for extension. Finally, Tata can look at the current situation in terms of weakness and recommend solutions. Questions about the article, Tata Motors has recently completed its acquisition of Jaguar-Land Rover, Tata Motors agreed to buy Jaguar Cars and Land Rover from Ford Motor in a deal worth $ 2.3 billion, however, he still stated that its appetite for acquisitions is not over yet and that the company is still looking for acquisition opportunities and alliances. In line with its expansion proposal, the company's shareholders were requested for approval at the various issues associated with the fund raising plans of companies, including the purchase of the two British marquees, the company said that it is willing to further such plans. "The company has major growth plans to expand its product range and presence in the domestic and global markets in commercial and passenger vehicles, including through strategic alliances and acquisition opportunities," Tata Motors said in a notice to its shareholders. (BusinessWeek.com, 2008) The compound annual growth rate of production in the automotive industry from the years 2000-2001 to 2005-2006 was 17 percent. Cumulative annual growth rate of exports in the period 2000-01 to 2005-06 was 32.92 per cent. Production of the automotive industry is expected to achieve growth rates of over 20 per cent in 2006-07 and about 15 per cent in 2007-08. Exports during the same period will increase by 20 percent. FDI in India, India is at the peak of the wave of foreign direct investment. FDI inflows into India tripled from $ 6 billion in 2004-05 to $ 19 billion in 2006-07 and four times to $ 25 billion in 2007-08. FDI Confidence AT Kearney's Index 2006, India is the second most attractive FDI destination after China, pushing the U.S. to the third position. (London Economist accessed October 23, 2010).

Tata Motors Tata Motors is the bearer of the Indian industry, being the first Indian manufacturing company to have its own domestic production of cars and be the first to make inroads in the global ...