Question
ata Motors Limited is an Indian multinational automotive manufacturing company, headquartered in Mumbai, Maharashtra, India, and part of Tata Group. The company produces passenger cars,
ata Motors Limited is an Indian multinational automotive manufacturing company, headquartered in Mumbai, Maharashtra, India, and part of Tata Group. The company produces passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment and military vehicles. Tata Motors acquired the South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004 and purchased Jaguar Land Rover from Ford in 2008.
Please explain how and why the acquisitions of Daewoo Commercial Vehicles, Land Rover, and Jaguar were important for enhancing Tata Motorss global growth and reach. (Please explain how acquiring these foreign brands has helped Tata Motors).
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