Wednesday, 26 December 2012

Tata Motors invests heavily in R&D

Tata is losing traction at home as underwhelming product tweaks, heavy discounts and slumping capacity utilisation mark a painful 18 months for its passenger division.
At Tata's plant in Pimpri, 140 km (87 miles) from Mumbai, most space is taken by commercial vehicle manufacturing. Building buses and goods trucks for India's bone-jangling roads is the 67-year-old company's bread and butter. Tata, the world's fourth-largest truckmaker, has spent much of the past few years devoted to its

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