product life cycle - tata indica
DESCRIPTION
Case study on Tata Indica brandTRANSCRIPT
Amit MittalKamal GuptaSaurabh Jain
Sunil SainiVarun Chugh
1991 Launch of the 1st indigenous passenger car Tata Sierra. One millionth vehicle rolled out.
1994Launch of Tata Sumo - the multi utility vehicle.
1998 - Tata Safari - India's first sports utility vehicle launched. • Tata Indica, India's first fully indigenous passenger car
launched 1999 - 115,000 bookings for Indica registered against full
payment within a week. • Commercial production of Indica commences in full swing
2001 • Indica V2 launched - 2nd generation Indica. • 100,000th Indica wheeled out. • Launch of CNG Indica.• Indica V2 becomes India's number one car in its segment.
2002• 2,00,000th Indica rolled out. • 5,00,000th passenger vehicle rolled out. • Launch of the Tata Sumo'+' Series • Launch of the Tata Indigo
2003• Launch of the Tata Safari Limited Edition. • On 29th July, J. R. D. Tata's birth anniversary, Tata
Engineering becomes Tata Motors Limited. 2004
• New Tata Indica V2 launched• Tata Motors completes acquisition of Daewoo Commercial
Vehicle Company • Tata Motors completes acquisition of Daewoo Commercial
Vehicle Company
2005• Tata Motors rolls out the 500,000th Passenger Car from
its Car Plant Facility in Pune• Tata Motors launches Indica V2 Turbo Diesel.
2006• Tata Motors vehicle sales in India cross four million mark• Tata Motors extends CNG options on its hatchback and
estate range
Segmentation Indian Car Industry
Microsegmentation
ZenMaruti 800
Santro
Indica
Car New Price (Rs. lakhs) Old Price (Rs. Lakhs)
M800 (P) 1.84 2.09
M800 EX (P) 2.09 --
M800 DX (P) 2.35 2.46
Zen LX (P) 2.95,020 --
Zen VX (P) 3.46 3.46
Zen D - (D) 4.26,052 4.62
Tata Indica – (P) 2.59 --
Indica – (D) 2.85 --
Indica – (D) Semi Deluxe
2.95 --
Indica – (D) Deluxe 3.90 --
Santro - (P) 2.99 2.99
Santro – LX – (P) 3.49 3.49
Santro – DX – (P) 3.69 3.49
Source: The Tribune, Februrary 3, 1999
More Car per Car• Priced close to Maruti 800• Shaped like Zen• Spacious as an Ambassador
Marketed with slogans like "The Big... Small Car" and "More car per car," the ad campaign focused on roomy interiors and affordability
Attribute/CARTata
Indica Santro WagonR Alto
Interior Space x xx xxEngine
Performance x xx xRide and Handling x x x x
Fuel Efficiency xx x x xxx
Source : The Hindu, July 06
Fuel TypeEngine
CapacityMileage(City
)Price(Ex-showroom)
Tata
V2 Turbo Diesel 1405 cc 13.6 kmplRs. 3,29,863 - Rs.
4,35,108
V2 Xeta Petrol 1193 cc 12.1 kmplRs. 2,44,784 - Rs.
3,71,740
V2 DiCOR DieselRs. 3,67,023 - Rs.
4,43,215
HyundaiSantro Xing
Petrol 1086 cc 13.6 kmpl Rs. 2,67,201 - Rs.
3,76,023
Maruti
Alto Petrol 796 cc 14.6 kmplRs. 2,16,299 - Rs.
3,16,985
WagonR Petrol 1061 cc 13.9 kmplRs. 2,99,255 - Rs.
4,75,821
LPG 1061 14.1 kmplRs. 3,16,413 - Rs.
4,01,103Zen
EstilloPetrol 1061 cc 12.5 kmpl
Rs. 2,91,372 - Rs. 4,28,009
Source: DriveIside.com
Complaints regarding Gas Mileage and Horse Power
Launch of Indica V2
Launch of Wagon R and Alto
Cheap to run and Affordable to own Easy to maintain and Highly fuel-
efficient, Allowing low cost of operations for
commercial fleet Unlike fuel-guzzlers, Ambassador and
Maruti Esteem
Source: Economic Times