Tata
The Tata Group includes the multinational Indian automaker Tata Motors Limited, which has its headquarters in Mumbai. The firm manufactures buses, coaches, vans, and passenger automobiles.
The business was established in 1945 as a producer of locomotives and was formerly known as Tata Engineering and Locomotive Company (TELCO). In 1954, the business produced its first commercial vehicle as part of a partnership with Daimler-Benz AG that lasted until 1969. Tata Motors became the first Indian company to build a competitive domestic automobile when it introduced the Tata Mobile in 1988, followed by the Tata Sierra in 1991, and so entered the passenger vehicle market. Tata introduced the Indica, the world's first wholly indigenous Indian passenger automobile, in 1998. The Tata Nano, the world's most cheap car, was introduced in 2008. In 2004, Tata Motors purchased Daewoo Commercial Vehicles Company, a South Korean maker of trucks.
Since the firm created it for the 2008 acquisition of Jaguar Cars and Land Rover from Ford, Tata Motors has served as Jaguar Land Rover's parent company.
The two main divisions of Tata Motors are the South Korean commercial vehicle producer Tata Daewoo and the British luxury car company Jaguar Land Rover (which produces the Jaguar and Land Rover automobiles). Tata Motors has joint ventures with Stellantis that produce automotive parts and automobiles with the Fiat Chrysler and Tata brands, as well as a joint venture with Hitachi that makes construction equipment. Private equity company TPG made a $1 billion investment in Tata Motors' electric car division on October 12, 2021.
In addition to having auto production and vehicle facilities at Argentina, South Africa, the United Kingdom, and Thailand, Tata Motors also has them in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune. It has facilities for research and development in South Korea, the UK, Spain, Jamshedpur, Lucknow, and Pune in India. Tata Motors is traded on the National Stock Exchange of India, the New York Stock Exchange, and the BSE (Bombay Stock Exchange), where it is a part of the BSE SENSEX index. On the 2019 Fortune Global 500 list of the largest firms in the world, the company is rated 265th.
Natarajan Chandrasekaran was named chairman of the Tata Group on January 17. Tata Motors saw a rise in UV market share to more than 8%.
The Tata group. Leadership with Trust.
https://www.tata.com
