Tata Motors looking at global economies

Tata Motors looking at global economies   There is no denying the fact that Tata’s and Mahindra’s are the names of the two Indian conglomerates that are a jewel in the domestic circuit.

However, perhaps the next leap of growth is expected from the global market and rightfully so, Tata Motors is now looking towards markets like Africa, Russia, China and the Middle-East to drive its growth.

It is to be mentioned here that the Tata Motors' Chairman, Ratan Tata, said while addressing company shareholders at its 65th annual shareholder meeting that the company expects to gain more market share in markets like Russia, China and Africa and it also plans to widen the range of its products in these markets.

While the Indian market has become one of the most important markets for several global auto majors, it is time for the Indian companies to look outside the Indian market to ensure a steady growth of the company in the times to come.

China is one of the fastest growing automobile markets in the world being followed by India and even markets like Africa and Russia are one of the most important automobile markets on the global circuit.