How has Tata helped India to grow? Make an argument defending, for growth. Essay
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M$3 Answers
http://www.businessweek.com/news/2010-05-28/tata-turns-to-profit-on-jaguar-india-truck-demand-update1-.html
http://news.bbc.co.uk/2/hi/business/6478685.stm
http://www.indiancarsbikes.in/auto-news/tata-motors-new-premium-car-prima-20-lakh-price-range-14327/
You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$Tata Group is a multi-billion dollar company and provides a large number of jobs, however, look at China business, Foxconn Technology:
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...Foxconn Technology, one of the world’s largest contract electronics manufacturers and the maker of well-known products that include Apple iPhones and Dell computer parts, said that it was planning to double the salaries of many of its 800,000 workers in China, beginning in October. The new monthly average would be 2,000 renminbi — about $300, at current exchange rates.
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(http://www.nytimes.com/2010/06/08/business/global/08wages.html)
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What is new for Tata Power?
Tata mining owns a 30% stake in two coal mines belonging to PT Bumi resources. Tata power imports 3 million tons of coal for its plant in Trombay, Mumbai and 1 million tons from the Bumi coal mines. Tata ships most of the coal to Japan. Tata Power plans on increasing power generation from 3,000 MW to 4,242 MW in 2011. The Mundra project will produce 4,000 MW of coal based electricity. (http://www.allbusiness.com/energy-utilities/coal-industry-coal-mining/14027596-1.html)
Tata Power is installing 2,300 MW of renewable energy: geothermal, hydro, solar, and wind (http://cleantech.com/news/4053/tata-power-plans-geothermal-solar-gujarat)
Tata Power is planning to produce coal-seam gas from central India by 2014. Coal seam-gas is methane gas trapped in coal seams and methane on top of the coal. India has 8 trillion cubic feet in five discovered blocks.
Tata Power has acquired 20.95 MW of wind capacity power in Western Maharashtra and will install 150 MW to 200MW of additional power in Maharashtra and Tamil Nadu. Tata Power said 20% of the energy will be from renewables. India will spend $30 billion to acquired new renewable energy. (http://www.businessgreen.com/business-green/news/2265604/tata-tap-booming-indian)
The Tata dynasty:
http://www.euroasiaindustry.com/page/157/Tata:-Men-of-Steel
Jamsetji Tata built Tata Steel and Tata Power. Jamsetji offered workers pensions and paid accident compensation. Son, Dorabji Tata continued family leadership in the company. Dorabji established the Indian Institute of Science. In 1938, Jehangir R.D. Tata became the chairman of Tata and Sons. Jehangir and Dorabji completed the Tata Steelproject in Jamshedpur. Hormusji Tata was associated with the creation of Tata Airlines. In 1992, Jehangir received the Bharat Ratna award in recognition of public service to India. Ratan Tata graduated college with a degree in architecture and inherited chairmanship in 1991. Ratan Tata open India up to many foreign investments. Ratan contribute by reducing the groups hierarchy and standardizing for international commerce. Ratan seems to be a western CEO, friendly to foreign investment. I think his biggest contribution to India is his credibility. Western companies can do business with a stable Indian company called Tata.
Tata thinks he can help India grow through industrialism, nationalism, and big business. Does big business help increase wealth and quality of life for the poor? Tata knows that he does not have the infrastructure to solve the basic problems of the poor, such as, food and water. Why not? Tata primary goal is too create great profits for his shareholders. He sounds like a Western CEO. The rich get richer, but do the poor get a better quality of life? If Tata will not attempt to help solve hungar and thirst in India and provide cheap financing for small businesses, who will? Who will help the small people? Empathy is different from direct impact. Microloans and financing could provide a surge of innovation and solutions for the poor. The poor people must start to self educate and solve their own problems. Looking to large nationalized corporations to solve problems will be a betrayal. Profits may force the big business away from vital services need by the poor. The poor must find innovate ways to increase food production and provide clean water and reduce costs in design. Nationalism will not solve their problems, as Tata has admitted. The division between large corporation and rural communities will continue to expand. Small businesses in India are more likely to provide the vital services the poor need.
"California has some very fond memories and one of them was the highly technical environment that existed in southern California," says Mr. Tata. Tata likes to be surround by engineers and technical people. (http://www.hinduonnet.com/thehindu/2004/10/17/stories/2004101701842000.htm)
Tata says he is a nationalist: $435 million for Tetley Tea, $530 million for VSNL, $120 million for Daewoo Motor Truck company, $1.1 billion for Tata consultancy (http://www.businessweek.com/magazine/content/04_28/b3891417.htm)
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Am I really doing anything that makes something happen there?
Can I bring drinking water to those areas?
Can I do something in providing more productive food or raising the level of nutrition, and you feel frustrated.
You do not have the wherewithal or infrastructure yourself to do it.
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(http://www.hinduonnet.com/thehindu/2004/10/17/stories/2004101701842000.htm)
Tata is big business and believes his job is to build profits are for the shareholders
Rayan Tata must inspire his company to reverse a reputation of poor quality and slugishness. Tata motors competes with state owned Murati which has a very loyal customer base. Tata believes it is a young company and quality will improve over time making reference to early Japanese manufacturing problems. Tata introduces a wide variety of products seeking popularity. One of the biggest gambles was buying Jaguar from Ford. The jaguar provides a high end vehicle verses the nano on the low end. However, operational costs will be high for years and it is unknown whether the large middle class will adopt Jaguar as the preferred luxary vehicle. purchase of Jaguar
could have been a mistake. Tata is 72 years old and has picked a successor
Tata culture will need to change for quality to improve. Currently, Tata earned $14 billion and is hierarchial with heavy beaucracies. What could Tata learn from Ibm and Ge about reducing hierarchy and transforming to cross functional teams with heavy weight project managers?
Tata can make big decisions. When government corruption trapped tata, he abandoned the West Bengal plant. Tata binds the company together. He makes decisions that affect the long term success of the company.