Strategic Analysis of Tata Motors, 2023 Case Study
Key Learning Outcomes
By the end of the case, students should be able to:
- Use strategic tools including PESTLE, SWOT, Porter Five Forces, and VRIO to analyze Tata Motors’ strategic position in the market and strategize on how to strengthen it
- Understand the broad macro-environment and how it affects the growth and performance of Tata Motors.
- Understand how a company can use its resources and capabilities to strengthen its position in the market.
1.0 INTRODUCTION
The primary aim of this report is to examine in detail the SWOT analysis of Tata Motors so as to discover the company’s strengths, weaknesses, opportunities, and threats which will help formulate the company’s strategy going forward. The report will also evaluate the company’s marketing activities, tactics, and strategies by identifying its diverse marketing strategies. The company’s marketing activities will be evaluated using the marketing mix (Product, price, promotion, and place). The report will also identify the company’s product target, product positioning, product lifecycle, and the kind of demand the company is facing from its consumers. The BCG matrix will then be utilized to recognize the most appropriate Strategic Business Units (SBUs) that the company should invest in to continue growing and competing effectively. The author will then discuss the report findings and recommend strategies going forward.
History of Tata Motors
Tata Motors is a subsidiary of Tata Group and is India’s largest automobile manufacturing company offering an extensive portfolio of goods and services which include integrated, smart, and e-mobility solutions comprising cars, utility vehicles, trucks, buses, pickup trucks, and military vehicles.
Incorporated in India in 1945, Tata Motors is a part of the Tata Group that was founded by Jamsetji Tata in 1868. The company entered the commercial vehicle sector in 1954, after forming a joint venture with Daimler-Benz AG of Germany, which ended in 1969. Tata Motors launched its first passenger car, the Tata Mobile, in 1988, and became the first Indian manufacturer to develop a competitive indigenous automobile. In 1998, it introduced the Indica, the first fully indigenous Indian passenger car. Tata Motors expanded its global presence by acquiring the South Korean truck maker Daewoo Commercial Vehicles Company in 2004, and the British premium car maker Jaguar Land Rover in 2008. The company also has joint ventures with Hitachi and Stellantis and has manufacturing and research facilities in India and several other countries. Tata Motors is one of the largest and most respected automotive companies in the world, with a vision to be among the top three in the global market by 2023.