Posted on 20 September, 2011 by Mathew
Two stories today where TATA group companies are making new investments in the UK.
One is Jaguar Land Rover (TATA MOTORS) announced a £355m engine plant in Wolverhampton, which will create 750 skilled jobs.
Another is TATA Steel to make new military armour at Port Talbot.
Wales Online super bainite at Port Talbot.
It will be interesting to see how quickly the new site can be built in UK compared to building in India, where public protest has slowed several projects, and to know if that had any role in the decision by TATA to opt to build this plant in the UK. Tata experienced problems in building of Tata `Nano’ car plant, and Posco has faced many delays in building a new steel works.
Filed under: Business, Tata | Tagged: Tata | Leave a Comment »
Posted on 2 December, 2009 by Mathew
How does the Tata Nano compare against the British equivalent the Mini which became an iconic car of the 1960s?
Original price of Mini was UK£ 497 when it was released in 1959. Competitors immediately bought one, and took it apart to see how it could be made so cheaply – they were confused, each mini should make a loss.
Nano was priced at release on 17th of July 2009 at Rs 100,000, which is around UK£ 1360.
So how do these prices compare?
Using this website
£497 from 1959 is equivalent to:
£8,656.34 using the retail price index.
or £21,038.85 using average earnings.
So from this we can see that Tata nano is around 6 times less than the mini was. It would probably more accurate to compare mini against 1959 average UK wage, and nano against 2009 average wage in India.
If average earnings in India are £3,500 (27 0000 Indian rupees) then this Tata nano price is about equivalent to the mini at release in 1959.
Filed under: Tata | Tagged: nano, Tata | Leave a Comment »
Posted on 23 March, 2009 by Mathew
BBC is reporting on the launch of the nano, and asking people is the Nano good for India?. Nay-sayers are complaining about the possible environmental impact of western style development in India. Yay-sayers support the effort to include those unable to purchase a car. Tata nano could have a positive impact upon air pollution in cities if it replaces older two-stroke two-wheelers, since I understand it should run on cleaner burning LPG fuel.
The release of the nano should add around 3% to the earnings of TATA group, which made losses in the last quarter after problems re-financing acquisitions in such as that of Jaguar and range rover from ford, due to the credit crunch. The manufacture of the nano has been delayed by cynical protests against building of the plant, and is currently being made in lower numbers in existing TATA motors plants, while a new facility has had to be relocated.
The world is still waiting to see if TATA can also develop an electric version.
Filed under: Tata | Tagged: nano, Tata | 1 Comment »
Posted on 24 November, 2008 by Mathew
Congratulations to Prof. Harry Bhadeshia and to Tata Steel on the endowment of the Tata Steel Professor of Metallurgy at the Department of Materials Science and Metallurgy of the University of Cambridge.
Details from University of Cambridge News feed.
Filed under: Cambridge, Tata | Tagged: Cambridge University, Harry Bhadeshia, Tata Steel | 1 Comment »
Posted on 10 July, 2008 by Mathew
Top gear mentioned the Tata Nano in their news segment, seemingly just to make fun of this tiny car.
Pikachu on left and Tata Nano on right
After pointing out the similarity of the luxury version of the car to Pokemon Pikachu, saying they had kept the cost down by copying the design from the cartoon character, they said that the economy version is pulled by a mule.
Filed under: Tata | Tagged: cars, cheap, nano, Pikachu, Pokemon, small, Tata, Topgear | 2 Comments »