Tata Motors is travelling down an expressway with a fast and a slow lane.
Whereas the Indian group’s overseas operations the jewels of which are iconic British brands Jaguar and Land Rover - are ringing in the profits, its domestic business is stalling.
At home, Tata Motors is battling flagging sales and its domestic business posted an operating loss during the first quarter. Meanwhile, the macro-economic environment is deteriorating, with India's rupee depreciating and rates rising.
Tata Motors also faces stiff competition from foreign auto makers encroaching on its turf in India.
The competition became much more intense and we...
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