The document discusses product reformulation and market extension strategies by automotive companies in India. It describes how Mahindra modified their Thar model to add features like air conditioning and comfortable seats to attract everyday users. It also discusses how Daimler Trucks entered the Indian market in 2006 but took 6 years to conduct extensive R&D and testing to suit diverse and demanding Indian conditions, resulting in design changes like metal bumpers and dashboards that can hold religious idols.
The document discusses product reformulation and market extension strategies by automotive companies in India. It describes how Mahindra modified their Thar model to add features like air conditioning and comfortable seats to attract everyday users. It also discusses how Daimler Trucks entered the Indian market in 2006 but took 6 years to conduct extensive R&D and testing to suit diverse and demanding Indian conditions, resulting in design changes like metal bumpers and dashboards that can hold religious idols.
The document discusses product reformulation and market extension strategies by automotive companies in India. It describes how Mahindra modified their Thar model to add features like air conditioning and comfortable seats to attract everyday users. It also discusses how Daimler Trucks entered the Indian market in 2006 but took 6 years to conduct extensive R&D and testing to suit diverse and demanding Indian conditions, resulting in design changes like metal bumpers and dashboards that can hold religious idols.
The document discusses product reformulation and market extension strategies by automotive companies in India. It describes how Mahindra modified their Thar model to add features like air conditioning and comfortable seats to attract everyday users. It also discusses how Daimler Trucks entered the Indian market in 2006 but took 6 years to conduct extensive R&D and testing to suit diverse and demanding Indian conditions, resulting in design changes like metal bumpers and dashboards that can hold religious idols.