Tata Group Introduction

Project on Tata Group of Industries
Tata Group Introduction

The Tata Group is a multinational conglomerate based in Mumbai, India. In terms of market
capitalization and revenues, Tata Group is the largest private corporate group in India and has
been recognized as one of the most respected companies in the world. It has interests
in steel, automobiles, information technology, communication, power, tea and hospitality. The
Tata Group has operations in more than 85 countries across six continents and its companies
export products and services to 80 nations. The Tata Group comprises 114 companies and
subsidiaries in seven business sectors, 27 of which are publicly listed. 65.8% of the ownership of
Tata Group is held in charitable trusts. Companies which form a major part of the group include
Tata Steel, Corus Steel, Tata Motors, Tata Consultancy Services, Tata Technologies, Tata Tea,
Titan Industries, Tata Power, Tata Communications, Tata Teleservices, Tata AutoComp Systems
Limited and the Taj Hotels.The group takes the name of its founder, Jamsetji Tata, a member of
whose family has almost invariably been the chairman of the group. The current chairman of the
Tata group is Ratan Tata, who took over from J. R. D. Tata in 1991 and is currently one of the
major international business figures in the age of globality. The company is currently in its fifth
generation of family stewardship. The 2009 annual survey by the Reputation Institute ranked
Tata Group as the 11th most reputable company in the world. The survey included 600 global
companies.
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HISTORY
Tata, family of pioneer Indian industrialists and philanthropists. The founder of the Tata business
empire was Jamsetji Nusserwanji Tata (1839-1904). Born in Navsari, into a Parsi family,
Jamsetji studied at Elphinstone College in Mumbai before entering his fathers business as a
general merchant trading with the East. He soon proved highly successful, setting up a branch in
Shanghai and steering the family through the speculation and collapse of cotton prices that arose
due to the American Civil War. Jamsetji traveled widely and introduced sound business
principles which he believed to be the cornerstone of his success. His key concerns were to
utilize modern technology, and to ensure good working conditions and welfare for his
employees. These principles could clearly be seen in his first major venture, the establishment of
the Empress Mills in 1877 at Ngpur. In 1886 he founded the Svadeshi Mills Companythe
name of which indicated his sympathies with a nationalist movement of the daycompeting
directly with British firms in the manufacture of fine cotton. His iron and steel works at Sakchi,
around which he built houses, schools, and a hospital for the workers, expanded from a village
into the current industrial town of Jamshedpur. Other projects included the founding of the
famous Taj Mahal Hotel in Mumbai, and the beginning of work on a major hydroelectric project
in the Western Ghats mountain range. Jamsetji was also concerned with the development of
Mumbai, and India as a whole, and hoped, through improving educational and research facilities,
to provide the skilled workforce needed for an emerging modern, industrialized nation. He
founded a number of educational institutions, but his efforts to form an Indian university as a
center of excellence for science did not reach fruition until after his death when, in 1909, the
Indian Institute of Science was established in Bangalore. It remains an outstanding research
center. Jamsetjis achievements were built upon by his sons Sir Dorabji Jamsetji Tata (18591932) and Sir Ratan Tata (1871-1918), who completed the hydroelectric project. They also
brought the original companies under the name of Tata Sons and Company, and set up branches
of their business in London, Paris, New York, Shanghai, and Kobe. The Tata Trust has provided
funds for hospitals and research establishments, including the Tata Institute for Fundamental
Research. Tata Airlines was founded in 1932, being renamed Air India in 1946, and was taken
over by the government as Indias national airline in 1953.
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Tata Motors Limited
Overview
Tata Motors Limited, formerly

known
as
TELCO
(TATA
Engineering and Locomotive Company), is a multinational corporation headquartered in

Mumbai, India. It is India's largest passenger automobile and commercial vehicle manufacturing
company. Part of the Tata Group, and one of the world's largest manufacturers of commercial
vehicles. The OICA ranked it as the world's 20th largest automaker, based on figures for 2006.
Tata Motors was established in 1945, when the company began manufacturing locomotives. The
company manufactured its first commercial vehicle in 1954 in a collaboration with DaimlerBenz AG, which ended in 1969 Tata Motors was listed on the NYSE in 2004, and in 2005 it was
ranked among the top 10 corporations in India with an annual revenue exceeding INR 320
billion. In 2004, it bought Daewoo's truck manufacturing unit, now known as Tata Daewoo
Commercial Vehicle, in South Korea. It also, acquired a 21% stake in Hispano Carrocera SA,
giving it controlling rights in the company. Tata Motors launched the Tata Nano, noted for its Rs
100,000 price-tag, in January 2008.
In March 2008, it finalised a deal with Ford Motor Company to acquire their British Jaguar Land
Rover (JLR) business, which also includes the Rover, Daimler and Lanchester brand names.The
purchase was completed on 2 June 2008
Tata Motors has its manufacturing base in Jamshedpur, Pantnagar, Lucknow, Ahmedabad and Pune
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What is the history and founding of the Tata Group?

What is Tata Motors and when was it established?

Project on Tata Group of Industries