Speed Breakers Galore-Maruti
Details
MKTG001
7
2001
YES
0
Maruti Udyog Limited
Automotive
India
Growth Strategy,Pricing
Abstract
When the Indian car industry opened its doors to new players, Maruti Udyog Ltd, which had, till then enjoyed an enviable position in the market was suddenly faced with severe market erosion. This case study looks at the various strategies MUL adopted to regain its place in the market -particularly its price-reduction strategies and the widening of its product range. The case also looks at the reactions and moves of other players in the industry, viz. Hyundai, Daewoo, Telco etc
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- Upheavals in the Indian small car segment in the late 1990s, Pricing strategies.
Keywords
Indian car industry, new players, Maruti Udyog Ltd, market, severe, market erosion, MUL, price-reduction , strategies, product range, reactions, moves, Hyundai, Daewoo, Telco