Tata Motors is an Indian automotive manufacturing company founded in 1945 with headquarters in Mumbai, India. It is India's largest truck manufacturer and second largest bus manufacturer globally. Key milestones include launching India's first indigenous passenger car in 1991 and people's car (Nano) in 2008. Tata has a global footprint with operations in the UK, South Korea, Thailand and other countries. It acquired Jaguar and Land Rover from Ford in 2008. Despite facing challenges during the global recession, Tata Motors was able to prosper through strategic mergers and ventures such as partnerships with FIAT and acquiring shares in Hispano Carrocera.