If asked about Tata Motors (NYSE: TTM ) , I'm willing to bet you that 99% of investors say something along the lines of "that Indian company with that really cheap car." While it's true that Tata Motors is most renowned for creating the $2,500 Nano, this automotive company boasts an increasingly impressive reach and vision that extends well beyond a car the price of a Macbook.
As I explained in a previous article, Tata Motors is taking advantage of shifting trends in the automotive sector by expanding its luxury vehicle and light truck businesses. It also enjoys a profitable bus business and is accelerating fast into the electric vehicle market (think Tesla Motors (Nasdaq: TSLA ) at 1/50th of the price). Tata Motors certainly has more to offer than just "that really cheap car."
Tata Motors takes its geographical diversification seriously. Its vehicles are sold in 129 countries across six continents, solidifying global market presence and protecting itself from regional demand shocks.
In the past decade, Tata has also expanded its manufacturing facilities across much of the world. Check out the slideshow below to understand why Tata is quickly becoming much more than "that Indian company."
Sources: Tata Motors 20-F and 2011-2012 annual report.
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