In the 1990s, when Ratan Tata unveiled his dream of a Made in India passenger car, most analysts tittered sarcastically. At that time, Indian roads were considered to be a joke; and Indian abilities to design and manufacture a car even worse. Yet, Ratan Tata has achieved his dream through Indica and there is a dramatic improvement in the quality of Indian highways. More than one million trucks crisscross over 80,000 kilometres of Indian roads everyday, literally working as the lubricant that runs the Indian economy. The road transport sector accounts for almost 80% of the goods moved within India. And even here, a company like Tata Motors is busy launching new products that are transforming freight movement. Their new launch, Ace, is a runaway best seller and is replacing the old inefficient three wheelers that have been the symbol of local movement of goods in India
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Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
