The Tata Group is one of India's largest and most respected business conglomerates, with revenues in 2005-06 of $21.9 billion (Rs 967,229 million), the equivalent of about 2.8 per cent of the country's GDP, and a market capitalisation of $55.1 billion.
Tata companies together employ some 2,46,000 people.
The Group's 28 publicly listed enterprises — among them stand out names such as Tata Steel , Tata Consultancy Services , Tata Motors and Tata Tea — have a combined market capitalisation that is the highest among Indian business houses in the private sector, and a shareholder base of over 2 million
The Tata family of companies shares a set of five core values: integrity, understanding, excellence, unity and responsibility.
At the Tata Group their purpose is To improve the quality of life of the communities they serve.
They do this through leadership in sectors of national economic significance, to which the Group brings a unique set of capabilities.
This requires them to grow aggressively in focused areas of business.
Their heritage of returning to society what they earn evokes trust among consumers, employees, shareholders and the community.
The Tata name is a unique asset representing leadership with trust.
Milestones 1868 The TATA Group was founded by Jamsetji Nusserwanji Tata in the mid 19th century, a period when India had just set out on the road to gaining independence from British rule.
1874 The Central India Spinning, Weaving and Manufacturing Company is set up, marking the Group's entry into textiles.
1902 The Indian Hotels Company is incorporated to set up the Taj Mahal Palace and Tower, India's first luxury hotel, which opened in 1903.
1907 The Tata Iron and Steel Company (now Tata Steel) is established to set up India's first iron and steel plant in Jamshedpur. The plant started production in 1912.
1910 The first of the three Tata Electric Companies, The Tata Hydro-Electric Power Supply Company, (now Tata Power) is set up .
1911 The Indian Institute of Science is established in Bangalore to serve as a centre for advanced learning.
1912 Tata Steel introduces eight-hour working days, well before such a system was implemented by law in much of the West. 1917 The Tatas enter the consumer goods industry, with the Tata Oil Mills Company being established to make soaps, detergents and cooking oils.
1932 Tata Airlines, a division of Tata Sons, is established, opening up the aviation sector in India.
Tata Engineering and Locomotive Company (renamed Tata Motors in 2003) is established to manufacture locomotive and engineering products.
Tata Industries is created for the promotion and development of hi-tech industries.
1952 Jawaharlal Nehru, India's first Prime Minister, requests the Group to manufacture cosmetics in India, leading to the setting up of Lakme. 1954 India's major marketing, engineering and manufacturing organisation, Voltas, is established.
Tata McGraw-Hill Publishing Company is created to publish educational and technical books.
Tata Economic Consultancy Services is set up to provide services in the field of industrial, marketing, statistical and techno-economic research and consultancy.
1984 Titan Industries – a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO) – is set up to manufacture watches. 1991 Tata Motors rolls out its millionth vehicle. (The two-million mark was reached in 1998 and the third million in 2003.)
Tata Quality Management Services institutes the JRD QV Award, modelled on the Malcolm Baldrige National Quality Value Award of the United States, laying the foundation of the Tata Business Excellence Model.
1996 Tata Teleservices (TTSL) is established to spearhead the Group's foray into the telecom sector. Tata Indicom delivers cellular services through its CDMA mobile telephony platform. It has pre-paid and post-paid options, enhanced through tie-ups for handsets with leading manufacturers.
1998 Tata Indica – India's first indigenously designed and manufactured car – is launched by Tata Motors, spearheading the Group's entry into the passenger car segment.
1999 The new Tata Group corporate mark and logo are launched. 2000 Tata Tea acquires the Tetley Group, UK. This is the first major acquisition of an international brand by an Indian business group.
Tata Motors' General Manager (Construction), MB Kulkarni, "We have planned our work plans in such a way that whatever are the target dates for the product. Rolling of the vehicle will take place in 2008." Group Chairman Ratan Tata's dream "people's car" is expected to roll out by next year.
Tata Motors said that 700 acres of land will be used for the factory and manpower has been mobilised for the construction.
Till feb 2007
PRODUCTS AND SERVICES For homes and individuals
Agricultural appliances (Tata Agrico)
Tata Agrico, a division of Tata Steel, manufactures
hand tools and implements that are used primarily
Books (Tata McGraw-Hill)
Cellular products and services (Tata Indicom)
Ceramics (Tata Ceramics)
Charter flights (Taj Air)
Coffee (Tata Coffee)
Cooling appliances (Voltas)
Voltas, a standout engineering enterprise in the Tata family,
manufactures top-notch air-conditioning and refrigeration
Tata Motors is India's largest manufacturer of commercial vehicles, with a 59-per cent market share, and it ranks among the top six manufacturers of medium and heavy commercial vehicles in the world
The company has over 130 models of light, medium and heavy commercial vehicles, ranging from two tonnes to 40 tonnes, buses ranging from 12 seaters to 60 seaters, tippers, special purpose vehicles, off-road vehicles and defence vehicles.
Tata Cummins, a 50-50 joint venture between Tata Motors and Cummins Engine Company, USA, manufactures low-emission diesel engines and is a pioneer in the field of supplier quality improvement (SQI).
TATA s brand ambassadors The Tata Group has some of India's most famous personalities from the sports and entertainment fields endorsing its products and services, and the Tata brand. Narain Karthikeyan: The 'fastest Indian in the world' has been a brand ambassador for the Tata Group since 2002. The Group was instrumental in helping Karthikeyan break into the charmed Formula One racing circle in 2005.
Sourav Ganguly and Irfan Pathan: The old warhorse and the young tearaway have been supporting the Tata Indicom brand . Ganguly has also been associated with Tata Steel . Sania Mirza: The new kid on the tennis block has been making waves in the women's game with her power and ebullience. Mirza, who broke into the ATP top 100 in 2005, is a brand ambassador for TATA TEA
Naseeruddin Shah: Arguably the best actor of his generation, Shah has been endorsing a range of insurance products from the Tata AIG stable.
Yuvraj Singh: This rising cricket star, among the most prominent of the young brigade that has been transforming the way India plays the game, is a prominent feature of the many promotions run by Westside , the retail chain of lifestyle stores.
Aamir Khan: To promote its watches, Titan has cast this extremely popular and versatile Bollywood star in the role of an "iconic, style-conscious [brand ambassador] who cuts across both sex and age groups in urban and rural India". Karun Chandhok: Tata Group brand ambassador Karun Chandhok is the brightest young star in the brigade of Indian racing car drivers looking to follow in the footsteps of Narain Karthikeyan. The 21-year-old racer is currently honing his skills in the Formula 3 World Series for RC Motorsport, for whom he has made a positive start in the 2005-2006 racing season.
Mergers and acquisitions Dec 2005 Sydney Starwood Group (W Hotel) Indian Hotels September 2002 India Regent Hotel (renamed Taj Lands End) July 2005 US The Pierre
June 2004 India Hind Lever Chemicals March 2005 Morocco Indo Maroc Phosphore S.A. (IMACID) December 2005 Mar 2006 UK Brunner Mond Tata Chemicals September 2005 Germany Wündsch Weidinger Tata Autocomp Systems
January 2004 india Airline Financial Support Services India (AFS) March 2004 India Aviation Software Development Consultancy India (ASDC) July 2004 India Phoenix Global Solutions October 2005 australia Financial Network Services October 2005 uk Pearl Group November 2005 Chile Comicrom February 2006 india Tata Infotech Tata Consultancy Services June 2006 US Eight 'O Clock Coffee Company Tata Coffee
January 2006 India Usha Ispat, Redi Unit Tata Metaliks Switzerland Tertia Edusoft AG January 2006 Germany Tertia Edusoft Gmbh Tata Interactive July 2005 US Indigene Pharmaceuticals Inc Tata Industries
I don't think we need to worry about Tata's Rs 100,000 car. It will attract those customers who cannot yet afford existing cars like Maruti 800 and Alto. As such, I do not see the proposed Rs 100,000 car impacting Maruti, though two wheelers could perhaps be affected.