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72nd Annual Report 2016-17
The Company’s and its
subsidiaries’ substantial R&D
investment generates
IP and the protection of this
IP is necessary to prevent its
unauthorised third-party use.
Conversely, the Company and
its subsidiaries need to ensure
that it does not infringe the IP
of third parties.
TML and its subsidiaries have
in-house specialists, who
manage matters relating to
IP and ensure that robust
processes are followed by
means of patents, registered
designs, trademarks and
copyrights.
Inability to Protect or
Preserve the Company’s
Patents and Intellectual
Property(IP)
OPPORTUNITIES
TML
JLR
Technological Disruptions
Substantial market changes
(e.g. automation, connectivity
and electrification) enable us
to focus on launching industry-
leading products ahead of
competition. We are also
strengthening partnerships
with global technological
organisations and leading
academic research teams.
Brand Positioning
We strengthen our brands
by creating greater brand
association through innovation
and technological advancement
into our expanding product
portfolio and services.
Growth Avenues
Global economic growth in
developed and emerging
markets present opportunities
to extend sales. Opportunities
both in new and existing
geographical markets as well as
in new and existing segments.
Expansion in the Commercial
Vehicles space
Huge opportunities lie in
front of us to significantly
expand our commercial
vehicles market share by
leveraging our leadership
position in CVs, addressing the
product gaps in white spaces,
further strengthening our
dealership and distribution
network and expanding our
international footprint with the
new-generation products in
commercial vehicles.
Regulations on Bus Body code,
focus on fully built vehicles,
government thrust on road
infrastructure, ‘Swachh Bharat’
campaign and the big advantage
through improved logistics/
supply chain efficiencies
under the new GST regime are
some of the enablers to new
opportunities. The Concept of
‘Smart Cities’ and programmes
like NEMMP will ease the
implementation of AMP vision
and support mass electrification
of public transport.
Defence Solutions
With the Government’s push for
'Make in India' initiative, TAFP
(Technology Acquisition Fund
Programme), enhanced focus on
import substitution for Defence
equipment and the opening of
the defence sector for private
sector participation, there is a
huge opportunity to tap in the
Defence sector. The Company
aims to establish itself as a full
range Defence solutions provider.
Expansion of the volumes and
market share in the Passenger
Vehicle segment
Considering the strong outlook
for the Indian economy and
resulting increase in the private
consumption and per capita
income, with the low penetration
levels (~30 Cars per 1000
people), Indian passenger vehicle
industry has a potential to show
a significant jump in volumes
in the medium to long-term.
Given this background, there is
a huge opportunity to increase
market share on the back of new
product launches and meeting
regulations at par with global
standards. Moreover, a large
customer base will become
addressable due to the changing
trends and segmental shifts.