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5 hot emerging market blue chips

Investing in emerging markets can be risky, but there are plenty of safe bets in Brazil, Russia, India and China.

Tata Motors Limited

Tata Motors

One of India's leading automotive companies, Tata Motors (TTM) is best known as the maker of the world's smallest and cheapest car, the Nano.

While sales of the $2,900 micro-car have been disappointing, analysts say Tata is well positioned to benefit from rapid growth in the fiercely competitive Indian car market.

Tata has global ambitions. It scooped up the Jaguar Land Rover business in 2008 for $2.3 billion. The move gives Tata a foothold in expanding luxury markets in emerging economies, such as China.

Source: CNNMoney
  @ben_rooney - Last updated October 25 2012 05:43 AM ET

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