Tata Industries was established in 1945 by Tata Sons to promote new Tata businesses. It has initiated ventures in sectors like IT, financial services, and telecom. Tata Industries has two divisions - Tata Strategic Management Group provides consulting services, and Tata Interactive Systems is one of the world's leading e-learning organizations. The company promotes new Tata businesses, maintains shareholdings in companies it has promoted, and invests in operating companies to facilitate growth.