Tata Motors has announced a great growth story in its financial performance over the last quarter and the last year and what has certainly helped them tremendously to gain this profit is none other than Jaguar Land Rover. Ever since Tata took over the reigns, the legendary British car and SUV manufacturer have been doing some great things and their brands have improved in strength and solidarity. The new JLR cars are selling very well especially in markets like India and China. Last year Tata earned around Rs 13,500 crore, which is a 44% increase over the same period last year. JLR itself posted a growth of 166% over last years fourth quarter results. JLR also had record sales of 314,433 units througout the globe in 2011-12.
Why JLR vehicles and their ads do not carry any mention of Tata Motors despite being purchased by & owned by Tata Motors..
Now I recollect the sentence of Mr. Ratan Tata- we dont believe in making right decisions – we take decisions and then make it right- great Indian….
Tata is unmatchable. A great group who used to be the leader in all areas they were into. It is not a surprise that the Tata Motors is doing excellent. We expect to see lot of wonders from the TATA house which will be most useful for the public. The only customer oriented or for the public group.
Really a great turn around.
Hey…why was my comment not put in?
Is there anything Tata can’t do! Phew, from IT to FMCG and electronics to the now omnipresent premium cars in India. Is it just me or is the Tata household unstoppable.
From a whole lot of skepticism to the now firmly confident foothold in the overseas market, it indeed is a long journey. Jaguar Land Rover is a shining example of unperturbed Indian motor leadership. And it isn’t the profits, it’s the sheer audacity to take a global legend and reshape its once lost legacy.
JLR has proved its mettle yet again. Let’s just hope other premium cars in India follow suit. Here’s to the man and everything Tata.