Tata Motors established in the year 1945 by JRD TATA. The firm was initially known by thename of TELCO, TATA ENGINNERING and LOCOMATIVE COMPANY. In the year 1954 it operationlised its activities in the commercialize sector with the celebrationagreement with DAIMLER Benz of Germany. In year 1966 with 2000 engineers and scientistthe company started its engineering research center. In the year 1954 Tata launched its firstMercedes Benz diesel truck. In the year 1977 Tata manufactured its commercial vehicle at its plant in Pune. In 1986 Tata launched its first light commercial vehicle from Telco. In 1992Tata introduced second passenger vehicle. In the year 1994 it released its multi-utility car,Tata Sumo. After this there was no stopping in the journey of Tata motors. In the year 1998Tata motors produced SUV, Tata safari, which was the first SUV to be designed developedand manufacture entirely in India. In 2002 Tata introduced India’s most competitiveindigenous sedan, the indigo. Tata Engineer formally changes to Tata Motors in the year 2003. Tata motors acquired DAEWOO commercial vehicle Company of South Korea. Wherethe first range of Tata naves vehicles were launched soon after. The most-awaited car NANOworth of one lakh came out, this is popularly known as people’s car. It is the next big step tothe company in the journey that began with Indica.
Expansion of The Company
: The manufacturing base of the company in India is spreadacross Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand) and Dharwad (Karnataka). Following a strategic alliance with Fiat in 2005, ithas set up an industrial joint venture with Fiat Group Automobiles at Ranjangaon(Maharashtra) to produce both Fiat and Tata cars and Fiat power trains. The company isestablishing a new plant at Sanand (Gujarat). Tata motors expanded globally and now hassignificant present in major countries of the world like South Korea, Thiland, South Africaand Argentina.Tata Motors is also expanding its international footprint since 1961. The company'scommercial and passenger vehicles are marketed already in several countries in Europe,Africa, the Middle East, South East Asia, South Asia and South America.In the year 2004, company acquired the Daewoo Commercial Vehicles Company, which isSouth Korea's second largest truck maker. Today two-thirds of heavy commercial vehicleexports out of South Korea are from Tata Daewoo. In 2006, Tata Motors formed a jointventure with the Brazil-based Marco polo, a global leader in body-building for buses andcoaches to manufacture fully-built buses and coaches for India and select internationalmarkets. In 2006, Tata Motors entered into joint venture with Thonburi AutomotiveAssembly Plant Company of Thailand to manufacture and market the company's pickupvehicles in Thailand. The new plant of Tata Motors (Thailand) began its production of theXenon pickup truck, with the Xenon having been launched in Thailand in 2008.
SHARE HOLDING PATTERN IN TATA MOTORS: