Tata group

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Tata group

logo
legal form Industrial conglomerate
Seat Mumbai , IndiaIndiaIndia 
management Natarajan Chandrasekaran
Number of employees > 700,000 (Nov. 2019)
sales 103.5 billion USD (2016)
Branch Metal industry
Automobiles
Telecommunications
Software
industry Tourism
Website www.tata.com

Typical for the Indian street scene: painted Tata trucks
The Tata Nano
A Tata Fone
Logo of the mobile network operator TATA Docomo
Packs of Tata tea on the store shelf
Himalayan - Tata mineral water

The Tata Group under the holding of Tata Sons Ltd ( Hindi टाटा समूह Ṭāṭā samūh ) is an Indian conglomerate founded in 1870 by the Parsen Jamshedji Tata with headquarters in Mumbai . The city of Jamshedpur was named after him in honor of the founder . Tata currently employs 660,000 people, and the companies have branches in 85 countries. A total of 98 companies belong to the Tata Group.

history

The Tata Group was founded by Jamshedji Tata , who took over a bankrupt oil mill in 1869 and turned it into a spinning mill. Two years later he sold the spinning mill for a big profit. In 1874 he founded a cotton mill in Nagpur . This represented the core of the later Tata group.

In 1903 he opened the Taj Mahal Palace Hotel in Mumbai .

After the company's founder died in 1904, his sons Dorabji and Ratan Tata took over the business. Among other things, they founded a steel company - today Tata Steel - and an energy company - today Tata Power.

The conglomerate was further expanded under Jehangir Ratanji Dadabhoy , who was chairman from 1938 to 1991. Under his aegis, the number of companies under the umbrella of the Tata Group increased from 14 to 90.

From 1991 Ratan Tata took over the presidency. Under his aegis, the group pushed ahead with consistent internationalization. The conglomerate bought international companies or entered new markets with already owned companies.

In 2012, Ratan Tata handed over the chairmanship to Cyrus Pallonji Mistry . This was the second chairman who was not from the Tata family. In October 2016, Mistry was dismissed and Ratan Tata temporarily took over the management of the company again.

structure

The Tata Group is divided into the metal industry , automobiles , telecommunications , software industry and tourism. A former company that was part of the Tata group was Tata Airlines , which was nationalized in 1953 and was the forerunner of the national airline Air India . The following companies and brands are bundled in these groups:

Metal processing and vehicle construction

Raw material processing

  • Tata Steel (formerly TISCO, Tata Iron and Steel Company Ltd) was India's first iron and steel manufacturing company. Its main factories are in Jamshedpur and its headquarters in Mumbai .
  • Tata Advanced Materials
  • Tata tinplate

energy

  • Tata Power is one of the largest private power producers in India and also supplies Mumbai .

chemistry

Services

  • The Indian Hotels Company
  • THDC
  • Tata-AIG General Insurance
  • Tata-AIG Life Insurance
  • Tata Asset Management
  • Tata Financial Services
  • Tata Investment Corporation
  • Tata Share Registry
  • Tata Economic Consultancy Services
  • Tata Quality Management Services
  • Tata Strategic Management Group (TSMG) is one of the largest management consultancies in South Asia.
  • Tata Services
  • Tata Consultancy Services

Consumer goods

  • Tata Global Beverages (formerly Tata Tea Limited) is the second largest producer of packaged tea in the world. The company owns the Tetley brand , under which it mainly sells tea in Europe.
  • Tata McGraw Hill Publishing Company
  • Titan Industries Manufacturer of titanium watches
  • Trent , operates the retail chains Westside (clothing and lifestyle items), Star Bazaar (self-service department stores) and Landmark (books, phonograms). Star Bazaar has been operated as a 50/50 joint venture with the British retail group Tesco since 2014 .
  • Tata Ceramics
  • Himalayan Water (mineral water)
  • Tata Salt

Information and communication technology

Educational institutions

Tata maintains the following educational institutions:

  • "Tata Institute of Science" renamed the Indian Institute of Science , Bangalore , India today
  • Tata Institute of Fundamental Research
  • Tata Management Training Center, Pune , India
  • Tata Institute of Social Sciences
  • National Center for the Performing Arts

literature

  • Russi M. Lala: The Creation of Wealth. Penguin Books Ltd., ISBN 978-0-14-306224-0 .
  • Jyotsna Saksena: Tata - an Indian legend. Translated from the French by Claudia Steinitz, in: Le Monde diplomatique , April 2015, p. 16 f.

Individual evidence

  1. { https://www.tata.com/investors
  2. ^ TATA profile . Retrieved on February 11, 2017.  ( Page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.@1@ 2Template: Dead Link / www.tata.com  
  3. ^ Tata companies. (No longer available online.) Tata Group, archived from the original on July 13, 2013 ; accessed on July 24, 2009 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.tata.in
  4. The Myth of Tata. (No longer available online.) Archived from the original on December 3, 2013 ; Retrieved December 2, 2012 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.behindthepolitics.de
  5. Christoph Hein: Ratan Tata: The great old man of the Indian economy resigns. at faz.net, December 27, 2012 (accessed December 28, 2012).
  6. Sandra Petersmann : Ratan Tata leaves after 21 years: The boss of the Tata empire resigns. Contribution of the daily topics of December 28, 2012.
  7. Tata Sons Board replaces Mr. Cyrus P. Mistry as Chairman, Selection Committee set up for new Chairman ( Memento of the original from October 24, 2016 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. tata.com on October 24, 2016, accessed on March 14, 2018. @1@ 2Template: Webachiv / IABot / tata.com

Web links

Commons : Tata  - collection of images