Tata Group
• Tata Group is an Indian multinational company headquartered in Mumbai, Maharashtra.
• Founded in 1868• Founder: Jamsetji Nusserwanji Tata• Business sectors: communications and
information technology, engineering, materials, services, energy, consumer products and chemicals
• India's best-known global brand within and outside the country
Jamsetji Tata
• Life goals: Setting up an iron and steel company, a world-class learning institution, a unique hotel and a hydro-electric plant
• Founded a trading company in 1868 with Rs. 21,000 capital
• Bought a bankrupt oil mill in 1869 and converted it to a cotton mill, renamed Alexandra Mill
• Set up another cotton mill at Nagpur in 1874, Empress Mill
Contd…
• Taj Mahal Hotel in Bombay on 3 December 1903 at the cost of 42 million rupees
• Tata Steel
• Indian Institute of Science
• Tata Power Company ltd.
History of Tata Group – Time Line
The Foundation
• Alexandra Mills (1868)
• Empress Mill (1877) – Nagpur
• Taj Mahal Hotel (1903) – Bombay
• After Jamsetji’s death in 1904, his son Sir Dorab Tata took over as chairman
Contd...
• Steel (1907) - TISCO
• Electricity (1910) – Tata Power
• Education (1911) – Indian Institute of Science
• Consumer goods (1917) – Tata Oils Mills
CONSOLIDATION
• Aviation (1932) – Taj Air
• 1939 - Tata Chemicals, now the largest producer of soda ash
• 1945 - Tata Engineering and Locomotive Company
• 1952 - Lakme cosmetics
• 1954 - Voltas
Contd…
• Tata Tea (1962) – Tata Global Beverages
• Tata Consultancy Services (1968)
• Titan Industries (1984)
EXPANSION
• Tata Teleservices (1996)
• Tata Indica (1998)- India's first indigenously designed and manufactured car
Contd...
• Tata Sons acquires a controlling stake in VSNL (now known as Tata Communications) – 2002
• Tata Sky (2006)
• TCS China (2007) – Joint venture with Chinese government
• Acquired Jaquar and Land Rover (2008)
• Joint venture with PepsiCo (2010)- for health drinks
• Joint venture with Starbucks (2012) - Mumbai
The company today
• The total revenue of Tata companies was Rs475,721 crore in 2011-12, with 58 percent of this coming from business outside India.
• Tata companies employ over 450,000 people worldwide.
Highlights
• Tata Steel is among the top ten steelmakers• Tata Motors is among the top five commercial vehicle
manufacturers in the world. • TCS is a leading global software company, with delivery
centres in the US, UK, Hungary, Brazil, Uruguay and China, besides India.
• Tata Global Beverages is the second-largest player in tea in the world.
• Tata Chemicals is the world’s second-largest manufacturer of soda ash
• Tata Communications is one of the world’s largest wholesale voice carriers.
Highlights
• The maiden flight in the history of Indian aviation took off from Drigh Road in Karachi, now in Pakistan, with JRD Tata at the controls of a Puss Moth
Major Landmarks
• First Airliner in the country
• Tata Nano car
• EKA supercomputers - Computational Research Laboratories (a tata subsidiary)
A Company FOR the Nation
• Tata companies have always believed in returning wealth to the society they serve.
• Two-thirds of the equity of Tata Sons, the Tata promoter holding company, is held by philanthropic trusts that have created national institutions for science and technology, medical research, social studies and the performing arts.
• The trusts also provide aid and assistance to non-government organisations working in the areas of education, healthcare and livelihoods.
Contd...
• Tata companies also extend social welfare activities to communities around their industrial units.
• The combined development-related expenditure of the trusts and the companies amounts to around 3 percent of the group's net profits in 2011.
The Lineage
• Jamsetji Tata
• Sir Dorab Tata (1917-1932)
• Sir Nowroji Saklatvala (1932 – 1938)
• JRD Tata (1938-1991)
• Ratan N Tata (1991-2012)
• Cyrus P Mistry (2012- Present)
Tata Groups post Independance
• After freedom, India followed Soviet model of development
• Emphasis on public sector
• Tata Groups became targets for nationalisation