Introduction

Tata Motors is India's largest automobile company. It was established in 1945 and today enjoys a 59 per cent market share. The company ranks among the top six manufacturers of medium and heavy commercial vehicles in the world. It exports to more than 70 countries. In 2004, the company acquired Daewoo Commercial Vehicles, Korea. Tata Motors earned an income of Rs.171 billion in the financial year ending March 2005.