MUMBAI – TELCO’s auto-making unit, Tata Engineering, looks as if it has successfully fought back from the lost market share and the huge losses it suffered two years ago. By upgrading its Indica car and cutting costs, it has turned things around, including more sporty and elegant models on the horizon. Tata now is surging ahead with its Indica V2. For the last five months, the car has topped sales goals. January sales at 7,400 units jumped 148% over like-2001, restoring Tata’s 25% market ...

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