Q.
Do you know -----Hindustan Motors (HM) and Toyota were started around the same time? But where is HM today and where is Toyota in comparison? What is the reason?
Asked by Good Citizen,
23 Dec '09 04:00 pm
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Answers (7)
1.
Hindustan Motors prospered when it was the reign of monopoly. As no ohthe brand were encouraged we had to depend on Hindustan or Fiat. And these brands did well then. Once the economy was liberalised thesde brandnames just flew away.
Answered by radhikamruta, 23 Dec '09 04:09 pm
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2.
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3.
Technology
Fund
Know-how
Work-culture
Management
Trade-Union Niusance
...................................................All counts.
Answered by Kanai Chakraberti, 23 Dec '09 04:11 pm
Fund
Know-how
Work-culture
Management
Trade-Union Niusance
...................................................All counts.
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4.
HM is a laggard. They sold their cars in the sellers market. Even today HM is a laggard compared to other companies in India. They failed to learn, they failed to innovate, they failed to spend money on research and development.
Answered by Tony Fernandez, 23 Dec '09 04:44 pm
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5.
The reason is very simple, Hindustan Motors was enjoying a protected market ever since its inception till the era of the License Raaj ended and indian markets were thrown open for competition (euphemistically called globalisation or liberalisation of the Indian Economy ), So, in the protected market, HM was practically enjoying monopoly, in the seller's market, All the Govt Department vehicles and majority of taxies in states, other than Bombay, were supplied by HM, As there was no competituion, HM never thought of upgrading the obsolete engine technology nor improving the quality of the shell of the vehicle etc, But, when the automobile sector was thrown open for foreign competition, Indian markets were flooded with cars of all makes, superior in Engine Technology, design, comfort levels etc, Soon, India became a buyer's market, and Car manufacturers started to queue up before prospective customers, HM , which awoke from its lethargy, tried to jump into the bandwagon by tieing up w
...more
Answered by thampy chacko, 23 Dec '09 04:19 pm
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6.
Toyota was born in Japan, which is well known for liberal, cooperative and enterpreneurs friendly government nation, while HM arised in India, the late and corrupted political and poor economic condition of that time has always been the biggest obstacle in every field of Indian Entrepreneurs and public as well.
Lack of quality technical education, awareness and laziness of people are the other major factors in this.
Answered by Satyamay Jha, 31 Jan '10 01:38 am
Lack of quality technical education, awareness and laziness of people are the other major factors in this.
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7.
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