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What can I substitute for a Tata Nano?
Second hand cars (used cars) are the substitutes for the Tata Nano. If the price of Tata Nano goes up, used cars demand increases and vice-versa.
Who is the author of Tata Nano new product development?
This article on Tata Nano Company’ New Product Development was written and submitted by your fellow student. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly . If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda.
Which is better Tata Nano or two wheeler?
Consumers generally prefer Tata Nano when their income is constricted. As a consumer’s income increases the demand for Tata Nano decreases, while demand of costly cars increases. The price of Tata Nano deliberately makes it a close substitute to some products in the two wheeler market.
Why was the Tata Nano so successful in India?
Specifically, the car, which cost a moderately low sum of money, met the quality standards set for much more expensive cars; in addition, the car was promoted successfully in India, where the car market was very small due to the economic issues.
Last Update: Oct 2021
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20.10.2021 04:56
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