Prof. Purshottam Patil
Deepak R GORAD
International Business Management
In 2004 Tata Motors acquired Daewoo's truck manufacturing unit, now known as Tata
Daewoo Commercial Vehicle, in South Korea.
In 2005, Tata Motors acquired 21% of Aragonese Hispano Carrocera giving it controlling
rights of the company.
In 2007, formed a joint venture with Marcopolo of Brazil and introduced low-floor buses in
the Indian Market.
In 2008, Tata Motors acquired British Jaguar Land Rover (JLR), which includes the Daimler
and Lanchester brand names.
In 2010, Tata Motors acquired 80% stake in Italy-based design and engineering company
Trilix for a consideration of €1.85 million. The acquisition is in line with the company’s
objective to enhance its styling/design capabilities to global standards.
Tata's global operations
Tata Motors has been in the process of acquiring foreign brands to increase its global
presence. Through acquisition, Tata has operations in the UK, South Korea, Thailand and
Spain. Among these acquisitions is Jaguar Land Rover, a business comprising two
struggling iconic British brands that was acquired from the Ford Motor Company in
2008. In 2004, Tata acquired the Daewoo Commercial Vehicles Company, South Korea’s
second largest truck maker. The re-branded Tata Daewoo Commercial Vehicles
Company has launched several new products in the Korean market, while also exporting
these products to several international markets. Today two-thirds of heavy commercial
vehicle exports out of South Korea are from Tata Daewoo.
In 2005, Tata Motors acquired a 21% controlling stake in Hispano Carrocera, a Spanish
bus and coach manufacturer. Tata Motors continued its market area expansion through
the introduction of new products such as buses (Starbus & Globus, jointly developed with
subsidiary Hispano Carrocera) and trucks (Novus, jointly developed with subsidiary Tata
Daewoo). In May, 2009 Tata unveiled the Tata World Truck range jointly developed with
Debuting in South Korea, South Africa, the SAARC countries and the
Middle-East by the end of 2009. In 2006, Tata formed a joint venture with the Brazilbased Marcopolo to manufacture fully built buses and coaches for India and other
international markets. Tata Motors has expanded its production and assembly operations
to several other countries including South Korea, Thailand, South Africa and Argentina
and is planning to set up plants in Turkey, Indonesia and Eastern Europe.
Subsidiaries, JVs and Associates
Tata Daewoo Commercial Vehicle Company Ltd
Tata Marcopolo Motors Ltd (TMML)
Tata Hispano Motors Carrocera S. A.
Tata Motors (Thailand) Limited (TMTL)
Tata Motors(SA) Proprietary Ltd (TMSA)
HV Axles Limited (HVAL)
HV Transmissions Limited (HVTL)
Telco Construction Equipment Co. Ltd. (Telcon)
TAL Manufacturing Solutions Ltd. (TAL)
Tata Technologies Ltd. (TTL) and its subsidiaries
TML Distribution Company Limited (TDCL)
Concorde Motors (India) Ltd. (Concorde)
Tata Motors Finance Limited
Tata Motors Insurance Broking & Advisory Services
TML Holdings Pte. Ltd. (TML)
Sheba Properties Ltd. (Sheba)