tata nano presentation_santosh.pptx

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    Introduction.

    Description about Tata Nano.

    Why it is so cheap?

    Target Market and Marketing Strategies. Online Survey

    Diffusion Innovation Models

    Conclusion Acknowledgement

    Bibliography2

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    Dream-dream and dream, because

    dream gives vision, vision gives thoughts

    and finally thoughts lead to the action".

    By India's former President Dr. A.P.J. Abdul Kalam

    Dreams also give you an idea to changeyours and others life.

    3

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    4

    An idea can change

    your LIFE

    An idea can also

    change OTHERS

    life

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    5

    Mr. Ratan Tata

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    Finally after the wait of five years, crossing all financial

    and technological barriers, Ratan Tata kept his promise

    and unveiled Tata 'Nano' on 10th January 2008, at the

    9th Auto Expo 2008 in New Delhi.

    Tata Nano, cool & smart, launched by Tata Motors is

    world's cheapest Car with a price tag of $ 2500

    Tata Nano was launched in April 2009.

    The first Nano rolled over road in July 2009

    6

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    The project has literally become India's claim-for-fame in the

    international-media due to Tata Motors' innovation in developing the car, as well as keeping it

    low in price.

    The car itself is expected to boost the Indian Economy create entrepreneurial-opportunities across India,

    expand the Indian car market by 65%.

    Mr.Ratan Tata, Chairman of the Tata Group and Tata Motors,

    who has described it as an eco-friendly "people's car".9

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    Nano has been greatly appreciated by many sources and themedia

    for its low-cost and

    eco-friendly initiatives which include using compressed-air asfuel and an electric-version.

    Tata Group is expected to mass-manufacture the Nano in verylarge quantities,

    particularly the electric-version, and,

    besides selling them in India, to also export them world-wide.

    The Tata Nanois a rear-engine,

    four passenger10

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    The Standard Variant of the Car has a dealer price of rupees onelakh (US $2500) and is the cheapest car in the world. (Transportcosts and Value-Added Taxes exclusive)

    A four-door car that can seat four-five passengers. It conforms to all the emission standards as well as the Offset and

    Side Crash norms followed internationally.

    It is also compliant with the Bharat 3 norm and the Euro 4 normwith respect to keeping pollution at bay.

    A 33-bhp car with a 624 cc engine. It will provide a mileage of 23 km/litre. The Nano Car will have two variants - a Standard and two Deluxe

    (Air Conditioned) versions. There is no power steering in the car.

    11

    Engine:

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    Engine:

    2cylinderpetrol with Boschmulti-point fuel injection(single injector) all aluminium 33 horsepower (25 kW) 624 cc (38 cu in)

    Value Motronicengine management platformfromBosch

    2valves per cylinder overhead camshaft

    Compression ratio: 9.5:1

    bore stroke: 73.5 mm (2.9 in) 73.5 mm (2.9 in)

    Power: 35 PS (26 kW; 35 hp) @ 5250rpm

    Torque: 48 Nm (35 ftlbf) @ 3000 +/-500 rpm

    Layout and TransmissionRear wheel drive

    4-speed manual transmission

    Steeringmechanical rack and pinion w/o servo

    Turning radius: 4metres

    PerformanceAcceleration: 0-60 km/h (37 mph): 8 seconds

    Maximum speed: 105 km/h (65 mph)

    Fuel efficiency(overall): 23.6 kilometres per litre (4.24 litres per 100 kilometres (66.6 mpg-imp; 55.5 mpg-US))

    Body and dimensionsSeat belt: 4

    Trunkcapacity: 150 L (5.3 cu ft)

    Suspension, Tires & BrakesFront brake: 180 mm drum

    Rear brake: 180 mm drum

    Front track: 1,325 mm (52.2 in)

    Rear track: 1,315 mm (51.8 in)

    Ground clearance: 180 mm (7.1 in)

    Frontsuspension:McPherson strut with lower A arm

    Rear suspension: Independentcoil spring

    12-inch wheels

    12

    http://en.wikipedia.org/wiki/Motronichttp://en.wikipedia.org/wiki/Engine_control_unithttp://en.wikipedia.org/wiki/Engine_control_unithttp://en.wikipedia.org/wiki/Robert_Bosch_GmbHhttp://en.wikipedia.org/wiki/Four-stroke_cycle_engine_valveshttp://en.wikipedia.org/wiki/Four-stroke_cycle_engine_valveshttp://en.wikipedia.org/wiki/Camshafthttp://en.wikipedia.org/wiki/Compression_ratiohttp://en.wikipedia.org/wiki/Bore_(engines)http://en.wikipedia.org/wiki/Stroke_(engine)http://en.wikipedia.org/wiki/Power_(physics)http://en.wikipedia.org/wiki/Rpmhttp://en.wikipedia.org/wiki/Rpmhttp://en.wikipedia.org/wiki/Torquehttp://en.wikipedia.org/wiki/Rpmhttp://en.wikipedia.org/wiki/Rear_wheel_drivehttp://en.wikipedia.org/wiki/Manual_transmissionhttp://en.wikipedia.org/wiki/Steeringhttp://en.wikipedia.org/wiki/Turning_radiushttp://en.wikipedia.org/wiki/Metrehttp://en.wikipedia.org/wiki/Metrehttp://en.wikipedia.org/wiki/Metrehttp://en.wikipedia.org/wiki/Accelerationhttp://en.wikipedia.org/wiki/Fuel_efficiencyhttp://en.wikipedia.org/wiki/Fuel_efficiencyhttp://en.wikipedia.org/wiki/Seat_belthttp://en.wikipedia.org/wiki/Trunk_(automobile)http://en.wikipedia.org/wiki/Trunk_(automobile)http://en.wikipedia.org/wiki/Drum_brakehttp://en.wikipedia.org/wiki/Drum_brakehttp://en.wikipedia.org/wiki/Drum_brakehttp://en.wikipedia.org/wiki/Drum_brakehttp://en.wikipedia.org/wiki/Ground_clearancehttp://en.wikipedia.org/wiki/Suspension_(vehicle)http://en.wikipedia.org/wiki/Suspension_(vehicle)http://en.wikipedia.org/wiki/Suspension_(vehicle)http://en.wikipedia.org/wiki/McPherson_struthttp://en.wikipedia.org/wiki/Coil_springhttp://en.wikipedia.org/wiki/Coil_springhttp://en.wikipedia.org/wiki/Coil_springhttp://en.wikipedia.org/wiki/McPherson_struthttp://en.wikipedia.org/wiki/Suspension_(vehicle)http://en.wikipedia.org/wiki/Ground_clearancehttp://en.wikipedia.org/wiki/Drum_brakehttp://en.wikipedia.org/wiki/Drum_brakehttp://en.wikipedia.org/wiki/Trunk_(automobile)http://en.wikipedia.org/wiki/Seat_belthttp://en.wikipedia.org/wiki/Fuel_efficiencyhttp://en.wikipedia.org/wiki/Accelerationhttp://en.wikipedia.org/wiki/Metrehttp://en.wikipedia.org/wiki/Turning_radiushttp://en.wikipedia.org/wiki/Steeringhttp://en.wikipedia.org/wiki/Manual_transmissionhttp://en.wikipedia.org/wiki/Rear_wheel_drivehttp://en.wikipedia.org/wiki/Rpmhttp://en.wikipedia.org/wiki/Torquehttp://en.wikipedia.org/wiki/Rpmhttp://en.wikipedia.org/wiki/Power_(physics)http://en.wikipedia.org/wiki/Stroke_(engine)http://en.wikipedia.org/wiki/Bore_(engines)http://en.wikipedia.org/wiki/Compression_ratiohttp://en.wikipedia.org/wiki/Camshafthttp://en.wikipedia.org/wiki/Four-stroke_cycle_engine_valveshttp://en.wikipedia.org/wiki/Robert_Bosch_GmbHhttp://en.wikipedia.org/wiki/Engine_control_unithttp://en.wikipedia.org/wiki/Motronic
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    Basic Tata Nano Std priced at 1,23,000Rupees(1700 Euros).

    Deluxe Tata Nano CX at 1,51,000 Rupees (2100Euros) has air conditioning.

    Luxury Tata Nano LX at 1,72,000 Rupees (2400

    Euros) has air conditioning, power windows and

    central locking.13

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    The Peoples Car,designed with a family

    in mind, has a roomy

    passenger compartment

    with generous leg spaceand head room.

    It can comfortablyseat four persons.

    Four doors with highseating position make

    ingress and egress easy.

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    A variomatic gearsystem.

    It is coming up as gear

    less or rather with anautomatic gear

    transmission.

    This helps to improve

    the efficiency & mileageby magnifying the torque

    output.

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    A rear-wheel drive,all-aluminum, two-

    cylinder, 623 cc, 33

    PS, multi point fuel

    injection petrol engine.

    This is the first timethat a two-cylinder

    gasoline engine is

    being used in a car withsingle balancer shaft

    for same gas emission

    as scooter.

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    By adhering to the fact thatless weight requires less power,

    the 1 lakh car is made of light

    weighing steel.

    This has made the Tatas comeup with a cheap alternative

    with out compromising on

    safety and performance

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    The Tata Nano uses plastics and adhesives rather than welding.

    Introducing the car with an artificially low price through govt-

    subsidies and tax-breaks,

    Using vertical-integration, or partially using inexpensive

    polymers or biodegradable plastics instead of a full metal-body.

    It has no AC, no power steering, no power windows, no power

    bells and whistles.18

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    The Nano's boot does not open, instead the rear seats can be

    folded down to access the boot space.

    It has a single windscreen wiper instead of the usual pair.

    Its door opening lever was simplified.

    It has 3 nuts on the wheels instead of the statutory 4 nuts.

    It only has 1 side view mirror

    19

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    For Tata Motors, safety is of paramount importance. This

    avenue provides no room for the slightest margin of error.

    It has a strong passenger compartment.

    Tubeless tyres further enhance safety.

    Passes crash tests and Side impact test

    It has 2 A-pillars on one side to better meet safety norms.

    No airbags as airbags are still not a required feature in India. Safety features such as crumple zones, intrusion-resistant

    doors, seat belts, strong seats and anchorages.

    20

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    The low-cost car is clearly intended for the masses.

    For the family of four that would otherwise ride on a

    scooter,

    Its also attracts the small cars buyers like Maruti 800,

    bike riders etc.

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    For marketing strategy Tata had use conventional media in anunconventional manner.

    Nano isnt big on advertising. There are no TV campaign,

    Only innovative use of print, radio and other media, particularly theweb.

    The Tata team was working on

    Nano news in papers,

    Nano breaks on radio,

    Nano appearing in the form of messages or ticker news on TV,

    Online Nano games,

    Nano chat rooms on the Net,

    Nano pop-ups on major websites and

    Nano conversationon Facebook, Orkut and blog spaces22

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    Have Fun, Pay Less, get more with Tata

    Nano

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    24Website: www.tatanano.com

    The major sections of

    the site are:

    a. Galary (both

    pictures and videos).

    b. Game (rather Link

    to a nice virtual

    driving game by

    Zapak).

    c. Community.d. Why Nano?

    e. Booking Details.

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    Facebook

    Blog

    Orkut

    YouTube

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    The game by

    zapak was a

    great move to

    spread word

    about the car.

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    Collaborations: Tata partnered with a few banks for releasing

    application forms.

    Leveraging Existing Infrastructure: People can find Nano

    merchandise, application forms and demo cars in Tata

    Indicom, Titan, Croma and Westside stores. Tata Indicom is

    also offering a money-back offer with every application form.

    TV: Tata didn't invest heavily into TV commercials.Instead of anchors saying well be back after a shortbreak on TV

    channels, now theyre saying, Well be back after a Nano break.

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    The grand launching ceremony

    of Tata Nano was covered by all

    kind of media personal. It was a

    front page headline in many

    leading newspapers.

    International motor show at

    Geneva where Mr. Tata shows

    the Nano in front of international

    media.

    Business tycoon like Mr. Tatawhen delivered the first Nano to

    a comman person, itself it makes

    a big news.

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    "It's a good historic moment for the Indian auto industry and also a proud oneindeed that an Indian company took a step forward on this road. Its an upgradationfor an auto wheeler rider to by a car now.

    Rajesh Jejurikar, Managing Director, Mahindra and Renault's.

    "It's good product but it's still too early to say whether it will overtake the 800because it caters to a totally new market segment.

    Said Jagdish Khattar, Former MD ofMaruti Udyog Limited

    "Meeting the proper quality standards and safety is not feasible at all in such a

    model.Andreas Prinz, Managing Director (Passenger Cars), Volkswagen Group SalesIndia.

    "I think it is a great thing for India because mobility is giving new opportunities. Ihope Tata drives to great success with the Rs one lakh car, but it is not included inour plan.

    Thomas Kuehl, Board Member, Skoda Auto India.

    30

    http://www.surfindia.com/automobile/maruti-udyog-ltd.htmlhttp://www.surfindia.com/automobile/skoda-auto-india-private-ltd.htmlhttp://www.surfindia.com/automobile/skoda-auto-india-private-ltd.htmlhttp://www.surfindia.com/automobile/skoda-auto-india-private-ltd.htmlhttp://www.surfindia.com/automobile/skoda-auto-india-private-ltd.htmlhttp://www.surfindia.com/automobile/skoda-auto-india-private-ltd.htmlhttp://www.surfindia.com/automobile/skoda-auto-india-private-ltd.htmlhttp://www.surfindia.com/automobile/maruti-udyog-ltd.htmlhttp://www.surfindia.com/automobile/maruti-udyog-ltd.htmlhttp://www.surfindia.com/automobile/maruti-udyog-ltd.htmlhttp://www.surfindia.com/automobile/maruti-udyog-ltd.htmlhttp://www.surfindia.com/automobile/maruti-udyog-ltd.html
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    What is your age?

    Mention your gender.

    Will you buy Tata Nano car?

    Do you have a car in your house?

    Did you come to know about the car from advertisements? Did you come to know about the car from social network?

    How will you rate Tata Nano on a scale of 5?

    How much importance do you give to design and comfort whilebuying a car?

    How much importance do you give to initial cost and maintenancecost while buying a car?

    How much importance do you give to speed and power of thevehicle while buying the car?

    31

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    False

    True

    Model Predictions for BuyTN

    0 0,2 0,4 0,6 0,8 1

    predicted probability

    150

    100

    50

    0

    50

    100

    150

    f

    requency

    32

    Plot of BuyTN

    -6,7 -4,7 -2,7 -0,7 1,3 3,3

    Predicted log odds

    0

    0,2

    0,4

    0,6

    0,8

    1

    observed

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    Bass Model:

    33

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    Generalised Bass Model with one exponential

    Shock:

    34

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    Generalised Bass Model with two exponential

    Shocks:

    35

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    The Generalised Bass Model with one exponential

    shock still stands as the most effective model todescribe the diffusion of Tata Nano car in Indianmarket.

    Tata Nano has a very short life span

    Also we can interpret from the survey data that TataNano is most preferred by female population andleast preferred by the new generation

    The name attached to Tata Nano as the poor mans

    car which was expected to exhibit its low price provedto be an inhibition in its sale.

    We conclude that though Tata Nano is an admirableinnovation in its field, as of yet it failed to prove itselfas market changing innovation.

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    I extend my heartfelt gratitude to Prof. Renato Guseo,Professor, Department of statistics, University ofPadua, Padova, Italy for his guidance and support inthe project. I also extend my earnest thanks to Ms.

    Mariangela Guidolin for her help, support andguidance throughout my project. Both of them havebeen instrumental in the accomplishment of theproject and I am obliged for their contribution. I am

    also thankful to the Training and placement cell,Indian Institute of Technology Bhubaneswar forallowing me to pursue my internship in University ofPadua under the guidance of Prof. Renato Guseo. 37

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    Bass, F.M. (1969). A new product growth model for consumerdurables, Management Science, 15, 215-227.

    Bass, F.M., Krishnan, T.V., Jain, D.C. (1994). Why the Bassmodel fits without decision variables, Marketing Science,13,203-223.

    Guseo, R. (2004). Interventi Strategici e Aspetti Competitivinel ciclo di vita di innovazioni. Working Paper Series 11/2004,

    Department of Statistical Sciences, University of Padua. Mahajan, V., Muller, E., Bass, F.M. (1990). New Product

    Diffusion Models in Marketing: A review and Directions forResearch,Journal of Marketing,54, 1-26.

    Seber, G.A.F., Wild, C.J. (1989). Nonlinear Regression, Wiley,New York

    Websites Surfed : SIAM INDIA http://www.siamindia.com/

    www.wikipedia.com

    SAE INDIA http://www.saeindia.org/

    www.google.com

    38

    http://www.siamindia.com/http://www.wikipedia.com/http://www.saeindia.org/http://www.google.com/http://www.google.com/http://www.saeindia.org/http://www.wikipedia.com/http://www.siamindia.com/
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