Essay specific features
May 18, 2015
No of pages / words:
4 / 851
Rating of current essay:
"It's a bit like an elephant: whichever part you touch, you get a different impression. And there are fears that with so much bulk it can't run," he said.
Tata's presence is mainly in the low- to mid-end segments in India and some developing markets, and some analysts have questioned the rationale behind it snapping up brands that will push it into the luxury category and into markets where it has limited experience...
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Taking any more debt on their books is a concern," he said.
Moody's said the deal could eventually elevate Tata into a global automobile manufacturer as well as enlarge its scale, improve its technology and broaden its range. However, execution and integration challenges were substantial, it said.
Integration and cost-savings in the near term would be tough, said Ian Fletcher, auto analyst at Global Insight in London, as the deal was likely to be subject to several clauses on issues such as intellectual property rights, sourcing and jobs...
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