Tata Motors

Established in 1945, Tata Motors Limited (NYSE:TTM) is India's largest automobile company with revenues of Rs. 703 billion crore in FY 2009. It is the largest producer of commercial vehicles, and the second largest in the passenger vehicles market in India. The company is the world's fifth largest medium and heavy commercial vehicle manufacturer, and the world's second largest medium and heavy bus manufacturer. Over 4 million Tata vehicles ply on Indian roads. It is the first company from India's engineering sector to be listed in the New York Stock Exchange. In its efforts to internalize its operations, Tata Motors acquired the Daewoo Commercial Vehicles Company, Korea's second largest truck maker. Two-thirds of heavy commercial vehicle exports out of South Korea are from this subsidiary. It also acquired Jaguar Land Rover to gain a foothold in the luxury sports car and SUV market. Company Overview Tata Motors has diversified in to a range of activities all related to the automobile industry. Through its subsidiaries, the company is involved in engineering and automotive products, construction equipment manufacturing, automotive vehicle components manufacturing and supply chain activities, machine tools and factory automation products, high-precision tooling, electronic components for automotive and computer applications, and automotive retailing and service operations. The company's manufacturing base is spread across India. In the east they are based in Jamshedpur (Jharkhand). Pune (Maharashtra) is their main centre for the west. In the north Lucknow (Uttar Pradesh) and Pantnagar (Uttarakhand).[4] A new plant to manufacture Nano which was being constructed in West Bengal has been moved to Kuch District in Gujarat.

Contents 1 Company Overview. 2 Company Overview. 2.1 Business Segments. 3 Business Growth. 3.1 FY 2009 (ended March 31, 2009). 4 Key Trends and Forces 4.1 Economic slowdown resulting in adverse impact on the sales. 4.2 Timely launch of new products and turnaround of Jaguar Land Rover 4.3 Currency and exchange rate fluctuations and its adverse effects on the earnings. 5 Competition. 6 References.

TTM focuses on Research and Development and has over 2,500 engineers and scientists working for the companys Engineering Research Centre.[4] The company has R&D centers in Pune, Jamshedpur, Lucknow, in India, and in South Korea, Spain, and the UK. It has developed the first commercially viable prototype of air power car.[5] The companys dealership, sales, services and spare parts network comprises over 3500 touch points; TTM also distributes and markets Fiat branded cars in India.[4] The company also has a strong auto finance operation, TML

Financial Services Limited, supporting customers to purchase Tata Motors vehicles. The company actively markets its passenger cars and commercial vehicles to countries in Europe, Africa, the Middle East, Australia, South East Asia and South Asia. It has its operations in more than 40 countries across six continents, and its companies export products and services to 140 nations.

Company Overview

Business Segments Tata Motors operates in four main automobile segments which cover the range of products in the automobile segments in India. Passenger Cars :( 31.8% of total units sold) This division also distributes Fiat branded cars in India. TTM has a presence in the compact car, mid-sized car and station wagon segment of the market in the form of Indica, Indigo and Indigo Marina and their variants. All the passenger cars are manufactured at plants at Pimpri and Chinchwad district in Maharashtra. Tata Motors is in the process of launching "Nano", an affordable family car with a price tag of Rs. 1,00,000(around $2200) for the developing world. The project was delayed as the public opposition and political problems forced the management to abandon the plant site at Singur, West Bengal and shift it to Gujarat.[7] Utility Vehicles :( 23.7% of total units sold) TTM entered the utility vehicle with the launch of Tata Sumo in 1994. Later it also entered SUV segment with the launch of Tata Safari in 1998. Light Commercial Vehicles:(23.9% of total units sold) TTM manufactures light commercial vehicles including pickup trucks, trucks and buses with gross vehicle weight (GVW) of between 0.7 ton and 7.5 tons. TTM entered this category by indigenously developing a low priced product Ace (mini-truck) with a 0.7 ton payload.

Medium and Heavy Commercial Vehicles:(32% of total units sold) TTM manufactures medium and heavy commercial vehicles which include trucks, buses, dumpers and multi-axled

vehicles with GVW of between 9 tons to 49 tons. In addition, through Tata Daewoo Commercial Vehicle Company Limited, or TDCV, a wholly-owned subsidiary in South Korea, TTM manufactures high horsepower trucks ranging from 220 horsepower to 400 horsepower, including dump trucks, tractor-trailers, mixers and cargo vehicles

Working Conditions Requirements Schlumberger requires that its suppliers adhere to responsible social, environmental, and economic practices. Freely chosen employment All work is to be voluntary and workers are to be free to leave upon reasonable notice. Use of forced, bonded, indentured, or involuntary prison labor is prohibited. Child labor Use of child labor is strictly prohibited. Child labor includes any person under the age of fifteen (15), under the age for completing compulsory education, or under the minimum age for employment in the country, whichever is greatest. Discrimination Supplier is to provide workplaces that are free of harassment and unlawful discrimination. Supplier must not engage in discrimination based on race, color, gender, age, sexual orientation, ethnicity, disability, religion, union membership, or marital status in hiring and employment practices such as promotions, rewards, and access to training. Harsh or inhumane treatment Harsh and inhumane treatment, including any sexual harassment, sexual abuse, corporal punishment, mental or physical coercion, or verbal abuse of workers, is strictly prohibited, as is any threat of such treatment. Minimum wages Compensation paid to workers must comply with all applicable wage laws, including those relating to minimum wages, overtime hours, and legally mandated benefits. Working hours

Worker strain is clearly linked to increased accidents, illness, lowered productivity, and increased turnover. Workers must, therefore, not be required to work more than the maximum set by local law, including overtime hours. Freedom of association Workers are to be allowed the right to act freely in accordance with local laws. Workers are to be able to communicate openly with their management regarding working conditions without fear of reprisal, intimidation, or harassment.

Employee Engagement The Administration Department at Mumbai and Thane locations played a leading role in organising activities for employees.

Photo: Mr. P Y Gurav offering prayers during Diwali Pooja at Thane office

Photo: Dassera celebrations with Dandiya at Thane office

Photo: Women Semi-finals in the Carrom Tournament More than 150 employees participated in the tournament

Photo: Mr. R T Wasan putting Tilak to Mr. S P Singh on occasion of Holi celebrations on March 03 More than 100 employees celebrated Holi together at Thane office

Employee Engagement

Photo: Eye Checkup Camp Organized on Feb 21 & 22, 2007 with TATA AIG 160 employees and their family members got their eyes checked during the two day camp

Photo: Mrs. Suvarna Patil receiving small gift at the Haldi Kumkum celebrations The ceremony was organised in Thane on Jan 07, 2007 and 95 women employees participated in the same

Photo: Ms Siloo Irani, winner of best dressed woman and Ms Sonali Vartak , the runner up in the event during the Women's Day was celebrated on 8th March 2007 Amongst other events during the programme were Musical Chairs, Antakshari, Passing the Parcel 110 women employees participated

Photo: Mr. Vipul Shah donating blood at the Blood Donation Camp organised at Thane office on March 06, 2007 55 employees donated blood at the camp