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Board’s Report

Management Discussion & Analysis Corporate Governance Report

Business Responsibility Report

83

e.g. Goods and Service Tax (GST), demonetization, emissions change

from BS-III to BS-IV etc. Within the domestic market, the Company

sold 3,24,175 Commercial Vehicles, a marginal fall of 0.8% from

Fiscal 2016. While the overall growth of Commercial Vehicles for

the Company has been muted, some specific segments like M&HCV

tipper (Construck), Buses and Pickup have seen strong growth during

Fiscal 2017.

Some of the highlights for the year were:

Unveiled its very first Brand Ambassador – Akshay Kumar in

December 2016. He will be the face of the entire CVBU range

going forward.

The Xenon Yodha Pickup was launched in January 2017. A

reliable new Pickup with high levels of performance and lower

operating costs, it has been very well received and is gaining

acceptance from customers.

Launched a range of state of the art buses running on alternate

fuels including Electric, Hybrid and LNG. An order for 25 hybrid

buses to the Mumbai Metropolitan Region Development

Authority is in the process of being fulfilled.

The Magic Mantra SCV Passenger Vehicle with superior

performance was launched to augment the existing Magic and

Iris models in the last mile connectivity segment.

The Magna Bus Coach was introduced as the next-generation

coach for inter-city people movement. Feedback on the

product has been encouraging.

In the M&HCV segment several new products were launched

– Ultra 1518 truck, LPK 1615 tipper, LPT 3718 Pusher Lift Axle

rigid truck and a further extension of the SIGNA range of

Tractors. Offered in various configurations, the SIGNA range of

Commercial Vehicles is engineered and built to offer M&HCV

buyers a newly designed cabin with proven Tata Motors

aggregates for a world-class trucking experience.

Launched a refreshed version of the Tata Loyalty Program with

a unique cover of

`

10 lakhs accidental insurance for five years

for the driver – a first of its kind in the industry, plus a host of

benefits to enable customers to accumulate points for every

spend along with many more attractive options for redeeming

points accrued.

This year, the Company won four prestigious awards at the

Apollo CV Awards:

Tata Armoured Personnel Carrier - winners of the Special

CV Application of the Year award.

MCV tipper of theYear award was won by Tata Prima 2528.K

Tata DLT double-deck tractor (trailer) carrier won the CV

application builder of the Year award

Tata Signa 4923.S tractor won the HCV tractor cargo

carrier of the Year award.

Dealership of the Year Award- Cargo Motors Pvt. Ltd.

Dipper Campaign-Use Dipper At Night – an innovative

campaign to bring awareness amongst the truck driver

community for safe practices has been extremely well received

and acknowledged through various awards such as the

CANNES 2016 - 2 awards – a first for the TATA Group, SPIKES

ASIA 2016 awards, and the EFFIES 2016 award.

Organized the Prima Truck Racing Championship Season

4, which drew in over 30,000 spectators. The highlights

this year were the inclusion of FIA’s European Truck Racing

Championship (ETRC) drivers in addition to the current crop of

racers from the British Truck Racing Association (BTRA), the first

female truck driver and an expansion of the Indian Truck Driver

Racing Training Program called the “T1 Racer Program”. The T1

Racer Program (TRP) is a program started in 2016 to identify

regular Indian truck drivers and train them to become racers.

This is the second year of the program. This year also saw the

unveiling of a 1,000 bhp truck, which will feature as the racing

platform for future editions.

In order to promote various applications on the Company’s

products, a series of campaigns have been organized across

the country:

Har Business ka ACE- Fully Built expo

- Pan India 34

expos covering 14,437 customers conducted to showcase

the versatility of the Tata SCV platform and leverage the

many applications for use by the customers. It has been

well received as customers look towards buying ready

to use solutions from the Company for enhancing their

business.

Construck Mahotsav

- covered 13 important locations

in East India with participation from more than 5,500

customers. This exclusive event to showcased the entire

range of construction and mining vehicles to leverage the

growing demand for such vehicles.

Truck World in 2016-17

- Organized Truck World

Exhibition with a full range of over 35 different models

displayed and visited by more than 13,000 customers

across some of the key trucking centers in the country

such as Chandigarh, Hyderabad, Guntur, Kanpur and

Delhi.

Tata 407- 30 Year Celebration

- More than 35,000

customers participated in this campaign over twomonths.

The iconic Tata 407 celebrated 30 years and it continues

to be the best selling product in the category of LCV

trucks. Customers across the country were felicitated for

their support in making this one of the most successful

brands in the Commercial Vehicle Industry.

HAMARE BUS KI BAT HAI

- This unique programme

reached out to the support staff of school buses across

India, helping them improve their efficiency at work.