Tata Motors Update by Epic Research

Tata Zest to be launched in August -No plans to get into auto ancillary business



Accept India business is not doing well; FY15 will be tough too



Have good chances to make Bolt, Zest strong successes



Want to continue to be in bus business despite tough conditions



See slow and consistent growth in Indonesian market



Commercial vehicle (CV) market to pick up faster than passenger vehicle market



Plan Rs 3500-Rs 4000 crore capex in FY15 versus Rs 2700 crore in FY14



Aware of growing gap due to Rs 3,000 crore of FCCB payment



Will enter Malaysian market in Q3FY15 with CV models Xenon, Ultra and Prima



Will start retail sales in Philippines market very soon



Real Time News & Trading Trends Keep Liking #EpicResearch




Facebook – Twitter – YouTube – Pinterest –Linkedin - Google+



For more information ✆ – 0731-6642300 or Visit http://ift.tt/1k8NnLH

Posted in: Indian Market Tips