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rajiv's review
Investment Sector: Emerging Markets Submitted by Rajiv 
, An Investor...
at Bank Of Baroda....migrating to USA
2 months ago Add Tag |
Tata Nano ...in USA......
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Friends,
In context with what I wrote in my last few post the news that I read and has pasted here for fingad...is the testimony of my view that if oil is going to go up and up then who will be buying those big cars which uses lots of Gas and gives a very low Mileage of just 15-20/gallon?While all these cars are available not below $14500, i.e Chevrolette Aveo,the cheapest one then while others come in a category of over $20k......In India , an industrial house named Tata Motors has made a new brand car which cost just $2500 !and the production will start as early as this year.....It may happen that it may cost $3000-3500 in USA but then also it will become the cheapest in USA......The car is named as "Tata Nano".....and they will also be exported....to foriegn countries.Days are not far that people will , maybe use 2 cars , one for whole family going out for Picnic or outing and other for going to take for a job as while going to job a car which carries only 4 person is suffice , even one or two persons are enough if that car is going to give big average.In India the Cheapest car sold by Maruti in collobartion of Suzuki , is Maruti 800 which gives 20km/lit means 44 miles/gallon...an its cost is $5300 for a new brand car which consist of AC.....Crude bullishness seems to bring windfall gains for Indian Auto makers.....RajivMade-in-India cars for world
<!----> <!---->CALL it the Nano engineering gold rush. Indian engineering skills are suddenly hot property as global auto companies source competence, along with components, for their next-gen models. Sourcing cheaper
components to cut costs for cars sold in India and globally is now de rigeur. The second wave of sourcing focuses on skills, particularly in small cars where India has a core competence. As world markets move to smaller and less fuelhungry vehicles, Big Auto is looking to India for scale and expertise. Maruti Suzuki’s soon-to-debut A-Star has some Indian content, which was played up alongside the Nano’s global outing at the Geneva Motor Show this March. But now Suzuki is planning to step on the gas, outsourcing its costly model development to India for the next-gen small cars.
<!----> <!---->“These cars will be developed in India and made in India for the world,” said a Maruti official. “By 2012, that line-up should start rolling out.” Suzuki is focussing on R&D in a big way in India to crank up its engineering pool for the purpose. India will be the small car hub not just in terms of manufacturing but also in terms of product development, the ultimate holy grail in Motown. Other global car majors like Hyundai, Honda and GM are working on both ends of this trend—developing small car models that will be accepted in India and
<!----> <!---->other similar markets and using India as a sourcing hub for parts and skills.
<!----> <!---->Hyundai, which like Maruti has a big local footprint in manufacturing, is now focussing on R&D in India. The Korean company has set up a $40 million computer-aided design centre in Hyderabad. Says Hyundai Motor India chief HS Lheem: “Our future launches, especially for the compact segment, are being developed keeping in mind the potential of the Indian market.” For GM, the $60-million technical centre in Bangalore will be its powerhouse for developing future technologies and shaping new cars. “We have lined up a design centre, engineering services and an R&D facility at Bangalore. It will conceive future products for India and other emerging markets,” said GM India vice-president P Balendran.
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An Investor... at Bank Of Baroda....migrating to USA