🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Messages

Try our Valuation Calculator →

Back

Hiral Jain

CA inter • 1y

Hello everyone! Day 2 of knowing about businesses that failed in India! CHEVROLET The car brand ranked as the 8th-largest manufacturer globally, faced challenges that eventually led to its exit from the Indian market. They stayed for 14 yrs but decided to leave India, why? Well price wars, competition, and gov policies were key features to leave. The cost of importing a car was very high so they decided to start manufacturing in India which was again costly, the competition of the Indias market was high, and Indians remained loyal with brands which were less costly and effective. Their market strategy also failed, they bought many good products that were made for families but failed to connect with the Indian audience we Indians are usually very emotional and we like connecting with our cars emotionally and they failed there even after being a FAMILY CAR. Moreover, people started looking at that car as just a CAR and thought that it was for people who wanted new experiences. Byeee!

19 Replies

Replies (19)

SamCtrlPlusAltMan
•

OpenAI • 1y

Chevy was one of most aspired brands at one time

2 Replies

Shaswat

Sovereign • 1y

After 2019 India car Market change a lot and now we can se all the companies cars on the Indian street Tata , Mahindra, Skoda Volkswagen etc

1 Reply

Shaswat

Sovereign • 1y

Chevrolet was failed the main reason is Indian coustomers cheap car mindset , Chevrolet even launched good cars they used to have in US and made specific cars for Indian market too like Tavera, Spark and , beat all these car was successfull . But at that time coustomers were busy in 3 companies like Maruti, Hyundai and Honda

1 Reply

Anirudh Gupta

CA Aspirant|Content ... • 1y

I think taxation policies and other policies should be a bit simpler for companies like this. Iam not sure about my opinion.

1 Reply

Anonymous 2

Hey I am on Medial • 1y

Wow, its sad as the market for middle ground luxury has just sprung in. And imo they could’ve been a great beneficiary.

1 Reply

Anonymous 1

Hey I am on Medial • 1y

I think it has more to do with governments favours for bigger Indian cars companies.

1 Reply

Recommendations from Medial

Amit Raj

Let's connect • 1y

why do all startups that were catering blue collar workers failed despite big market what's the reason behind it,pls share your thoughts

3 Replies

Hiral Jain

CA inter • 1y

Hello everyone! Day 4 of knowing about brands that failed to acquire the Indian market! BISLERI POP What's the first thing that comes to your mind after listening to Bisleri? Water right? Well now we have ideologized it as a very successful water br

4 Replies

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

“The Poor man’s Car” Failed Marketing Strategy #1 TATA Nano is one of the dream project of Mr.Ratan Tata, he Really wanted to Help the people in Middle class to own a car.But it Was failed The Tata Nano faced a significant positioning problem

23 Replies

Anonymous

Hey I am on Medial • 11m

In my previous org, the ceo was doing a lot of micro management, it was way too much e.g.frequent cross checking and manually going through the entire data work, that was one of the main reasons I left the job. when I put down my paper the scrutiny w

6 Replies

Hiral Jain

CA inter • 1y

Hello everyone! Let's get to know about the brands that failed to acquire our Indian market. THE KINGFISHER AIRLINES They were owned by Vijay Mallya, they aimed to provide a luxurious experience, high facilities etc. The competitor airline which was

16 Replies

Anonymous

Hey I am on Medial • 1y

😂 After investing a year, the entrepreneur suddenly realized that the idea they were executing did not have any market

3 Replies

Somen Das

Senior developer | b... • 1y

who think anything related to online education is big no no. most of the online edtech business now opening their offline Market to sell knowledge. on top of everything they all are very costly for most of our Indians. let discuss all ideas to make

12 Replies

Havish Gupta

Figuring Out • 10m

How Zoomcar Transformed Car Rentals in India Back in 2013, Greg Moran and David Back saw a huge gap in India's transportation market: there was a lack of a platform to rent self-drive cars. So, they decided to create a platform that would allow use

9 Replies

Rishi Chavan

Inquisitive • 9m

Which was the first car in India and who brought or made it? I looked up the web but found mixed answers. Some were saying it was Aravind Model 3, some said Hindustan Ambassador.

2 Replies