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Tata Motors Limited Message Board

  • kmcmahon38 kmcmahon38 Dec 1, 2009 10:24 AM Flag

    So I Talked To My College Friend From India Yesterday...

    This guy is a finance major at a very reputable school. We started talking about Indian stocks yesterday, and I mentioned that I owned Tata Motors (TTM). He told me that I was extremely smart for owning it.

    He won't on to explain to me that the huge market for Nano's is only set to grow, and that Tata is so overwhlemed with orders right now they are subcontracting consruction of Nano's to other car manufacturers.

    He went on to say that every single Indian person that is eligable to drive wants to drive a Nano, because up until this point they could only afford to own a bike; the standard vehicle ownership for Indian youth. The Nano is only twice the cost of the average bicycle in India he said!

    He also mentioned that the "Nano Euro" is going to be huge in Europe; its basically the simple Nano with electronic seats, windows, etc.

    I asked him about Jaguar and Land Rover, and he told me that Tata will make it work; Jaguar is an absolutely HUGE status car in India.

    Good luck to all.

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45.76-0.10(-0.22%)Oct 30 4:02 PMEDT

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