Ratan Tata, chairman of the Tata group, is a man on the move. He doesn't want to rest on his laurels with the Nano on course to storm into the US markets in 3 years.
He also doesn't have any regrets about buying out the iconic Jaguar Land Rover (JLR) brands at debatably the wrong time.
In 2010, Tata feels that these prized acquisitions have given him much more than what he had anticipated.
JLR is approaching a breakeven, primarily thanks to aggressive cost cutting. While back home, sales of commercial vehicles and passenger cars are also growing at a good pace.
To keep up this momentum, Tata Motors unveiled four new products right from LCVs to a crossover and even its premium luxury car
, which will be launched over the next 12 months. Tata Motors has also settled its vendor payment issues from its Singur fiasco but Tata says in spite of the problems, he doesn’t want to say goodbye to Kolkata as of now.
While the concerns of Nano delivery still remain, Tata Motors is getting its Sanand plant ready. The company feels that its growth story will continue with these new launches unless there are any external shocks.
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