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In line with its expansion bid, shareholders in the company have been sought for approval on various issues related to the company's fund raising plans, including for the acquisition on the two British marquees, the company said it was open to further such plans.
"The company has major growth plans for expanding its product range and presence in the domestic and global markets in commercial and passenger vehicles, including through strategic alliances and acquisition opportunities," Tata Motors said in the notice to its shareholders. (BusinessWeek.com, 2008)
Tata Motors has been aggressively acquiring foreign brands to increase its global presence...
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Common topics in this essay:
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