THE TATA GROUP Natasha Anand Nikhil Nadiminti

For Prof. Mattheu Lardeau(name to be checked) International Strategic Diagnostics Ecole Superiore de Commerce, Troyes

tea and hospitality. The Tata Group has operations in more than 85 countries across six continents and its companies export products and services to 80 nations. Tetley. Companies which form a major part of the group include Tata Steel. Tata Tea. The chairman of the Tata group is Mr. It has interests in steel. The vision of the Tata group is to improve the quality of life of the communities that they serve through leadership in sectors of national and economic significance. . Titan Industries. Tata Group is the largest private corporate group in India. communication. India. Corus Steel. What is unique about the Tata group is that though it started as a small firm producing textile during colonial India. Tata Consultancy Services. Tata Power.8% of the ownership of Tata Group is held in charitable trusts. Tata Chemicals. In terms of market capitalization and revenues. The Tata Group comprises 114 companies and subsidiaries in seven business sectors. people say that there is no household in India which does not have a product that belongs to the Tata group. power. 65. Land-Rover. Their mission is to become the leader in all industries they venture into with a good reputation and help as many communities as possible within a stipulated time frame. Tata Teleservices and the Taj Hotels. Tata Communications. However. it has grown to such an extent that nowadays. whose name is present in the list of the most influential people in the world according to the FORBES magazine. 27 of which are publicly listed. Tata Motors. Ratan Tata.INTRODUCTION: The Tata Group is a multinational conglomerate company headquartered in Mumbai. Tata Technologies. automobiles. Jaguar. information technology. his name is not listed among the richest billionaires in the world due to the sole fact that most of his earnings are spent on charitable purposes and his net worth on paper is approximately 1 Billion Dollars.

the chairman J. Nowroji Saklatwala took over as the chairman of Tata Sons and launched Tata Airlines which was the first Indian Airlines company. After going to the bottom of the pit. This village was later on renamed as Jamshedpur to commemorate Mr. dedicated to higher education and scientific research in India was opened in Bangalore (now Bengaluru). A year later. There was a time in the mid 1920s when Tata Steel was on the verge of bankruptcy. To continue its philanthropic activities. This would be a huge asset for the Tata group in the future as they were pioneers in hydropower generation in India. So.Tata opened his first textile mill. in 1932. in . Jamshetji Nusserwanji Tata who established a private trading firm in 1868.R. By 1903. the chairman Dorab was so loyal to his employees that he pledged his entire fortune. in 1907. Dorab Tata issued the first public offering on the Bombay Stock Exchange for the Tata Iron and Steel company with plans to build a steel mill in the village of Sakchi. A year before India attained its independence from the British rule. A year later in 1939. J. he went to meet George Westinghouse in 1893. keeping his father’s vision in mind. upwards. wanted to venture into the energy sector. Three years later.Tata. Tata Chemicals set up a soda ash factory in Gujarat. the Tatas opened the Taj Mahal palace which was India’s first luxury hotel and one of the first buildings in Bombay (now Mumbai) with electricity. As business prospered.N. Five years later. The city is even now regarded as one of the most disciplined and well developed cities in India.Tata could understand how hydropower generation worked. including his wife’s jewels just so that he could pay salaries and also clear his debts. J. which is the same day Queen Victoria was proclaimed the empress of India. who took him to see the Niagara Falls so that Mr. there was only one way for the Tatas to go.Tata himself. by 1911. However.Tata Endowment for higher education” was set up which was in actuality one of the world’s first charitable trusts. The Indian Institute of Science. by January 1st 1877. The first flight of the company was piloted by J. who would soon be the chairman of the company by 1938.Tata being a man who wanted to strive hard for developing his country’s economy.N.HISTORY: The Tata group was founded by a visionary Mr.D. the “J.Tata died leaving his son Dorab Tata to take over as the chairman of the company Tata Sons.N. Mr. He believed that water is one of the best renewable sources of energy.N. Ten years later. Soon. he took his son Dorab as a partner and converted his trading firm into a company and got it registered. on the Arabian Sea.

India was a closed economy till 1991. This venture resulted in the formation of TataMercedes Benz vehicles rolling out of the factories which were very much in demand in 1954. that the Tata group really started going global and started expanding drastically in all continents. the Tata group schemed well to take over the Tetley Company in 2000. Tata became the chairman of Tata Sons. With the acquisition of Corus Ltd in 2007. Tata Motors launched the Indica which happened to be the first indigenously manufactured passenger car in India. Tata Steel jumped up to claim the sixth position in the list of largest Steel Companies from the position of 52. for 12 Billion Dollars. in 1968. It is after he became the Chairman. The Tata Motors Company (then known as Tata Engineering and Locomotive Company) entered into a partnership with Mercedes Benz AG to manufacture commercial vehicles in India. . there are many other acquisitions and mergers which the Tata group made which made them to become a 70 Billion Dollars enterprise with 90 major operating companies and 350. Continuing his family’s legacy of philanthropy. Tata Consultancy Services was founded which is right now one of the leading I. sector. Ratan Tata founded the TCCI . This company was nationalized in 1953 and Air India is still a successful airline company today with flights operating in many countries in all the continents of the world. A year later. Corus and Jaguar Land Rover are the most famous buys of the Tata group.1946. Tata Motors bought the luxury brand Jaguar Land Rover for 2. By 1998.3 Billion Dollars from Ford. when there was a change in the economic policy of the country. Though Tetley. With the introduction of the liberalization policy. service providers in the world. In this same year. Moving on to the I.000 employees in 80 countries.T. foreign companies were invited to invest in India and set shop in such a market where there were billions to be made due to the huge and diverse population. Tata Airlines became a public company and was renamed Air India Ltd.T.Tata Council for Community Initiatives in 1996 to promote the sharing of best practices in community engagement and employee volunteering. Ratan N. which also happened to be India’s first cross-border leveraged buyout. When the world was getting heated up about the Y2K issue.

the other assets of the Tata group are intangible. For instance.TATA GROUP’S ASSETS: The Tata group’s assets can be understood from the above diagram which shows the companies which belong to the Tata Sons and the Tata Industries. recently developed EKA. a division of Tata Sons.89% shareholding of the Tata Sons belongs to the Sir Ratan Tata trust which is a charitable and philanthropic organization. We can understand that 65. They are: Family Values: The Tata group treats the whole organization as one huge family. There have been instances in the history of the organization where even though the company was in a crisis. Innovation: The Tata group believes in brainstorming and coming up with new ideas for improving the way of life through technological advances. the chairman pledged his fortune just to pay his employees’ salaries. the Computational Research Laboratories. Till date. In turn. . the chairperson of the Tata group has been a person within the Tata family. one of the fastest supercomputers in the world and the fastest in Asia. Apart from the physical assets.62% shareholding of the Tata Industries belongs to the Tata Sons. 28.

. This shows the immense trust which the general public has for the company.Sustaining Good Will: The Tata group treats their internal and external customers like family. When there were terrorist attacks in Mumbai in November 2008 and the terrorists took hostages in many places including the Tata owned Taj Mahal Palace. as soon as the hotel was repaired and reopened to the public. Following is the expansion of the Tata group through the years and the various companies in acquired in various sectors across the world. However. This is a huge benefit for them because it means that the credibility of the company is amazingly high. It is due to these assets that we can understand how the Tata group runs 96 businesses out of which 28 Companies are publically listed on various stock exchanges throughout the world. there were many deaths and a lot of destruction that took place. there was a huge queue of people waiting to check in to the hotel.

I.T. & COMMUNICATIONS: The companies in the .

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