TATA COMPANY

Leadership with trust

 Introduction
The Tata Group is an Indian multinational conglomerate headquartered in Mumbai.]
Established in 1868, it is India's largest conglomerate, with products and services in over
150 countries, and operations in 100 countries across six continents. Acknowledged as the
founder of the Tata Group, Jamsetji Tata is sometimes referred to as the "father of Indian
industry".
The group gained international recognition after acquiring several global companies.]Each
Tata company operates independently under the guidance and supervision of its own board
of directors and shareholders.] Philanthropic trusts control over 66% of the Tata holding
company Tata Sons, while the Tata family is a very small shareholder.[9]
As of 2022, the group had an estimated annual revenue of US$128 billion. In
2022, it contributed about 4 per cent to the country’s GDP after Reliance
Industries and paid 2.24% of the total taxation after Reliance Industries in
India, the highest by any corporate group. Reliance Industries alone
contributes 7% to the India's GDP and paid 5% of total taxation.
There are 29 publicly-listed Tata Group companies with a combined market
capitalisation of $260 billion (INR 22 trillion) as of 2022. Significant
Tata Group affiliates include Tata Consultancy Services,
Tata Consumer Products, Tata Motors, Tata Power, Tata Steel, Voltas,
Titan Company, Tanishq, Tata Chemicals, Tata Communications, Trent, Tata
Elxsi, Indian Hotels Company, Air India, TajAir, Tata Cliq, Tata Capital,
Cromā, BigBasket and Tata Starbucks.[12]
HISTORY 1839-1904
Indian Institute of Science in Bangalore foundation was
laid by Jamshedji Tata
As published in the Journal of the Royal Society of Arts
dated Aug. 27, 1948. The House of Tata - Sixty Years
Industrial Development in India by Sir Frederick James,
O.B.E. - “Jamshedji Nusserwanji Tata was born in 1839,
just after Macaulay had left India to write his famous
history of England. Tata graduated from Elphinstone
College in Bombay in 1858. Shortly afterwards, he
joined his father’s trading firm that dealt in general
merchandise. There, the junior Tata took a special
When the American Civil War caused a boom in the
Bombay cotton market, Tata and his father joined the
Asiatic Banking Corporation. When the tide ebbed,
Tata's credit was left desolate. Fortunately, the firm’s
credit was re-established during the next three years. A
share in the lucrative contract for the commissariat of
Napier’s expedition to Abyssinia in 1868 restored the
family fortune.” In 1870 with Rs.21,000 capital, he
founded a trading company.] Further, he bought a
bankrupt oil mill at Chinchpokli and converted it into a
cotton mill, under the name Alexandra Mill which he
sold for a profit after two years. In 1874, he set up
another cotton mill at Nagpur named Empress Mill. He
dreamed of achieving four goals, setting up an iron
and steel company, a unique hotel, a world-class
learning institution, and a hydroelectric plant. During
his lifetime, in 1903, the Taj Mahal Hotel at Colaba
waterfront was opened making it the first hotel with
electricity in India.
Jamsetji Nusserwanji Tata (3 March 1839 – 19
May 1904) was an Indian pioneer industrialist who founded
the Tata Group, India's biggest conglomerate company.
Named the greatest philanthropist of the last century by
several polls and ranking lists, he also established the city of
Jamshedpur.
Jamshedji Tata is regarded as the legendary "Father of Indian
Industry".] He was so influential in the world of industry that
Jawaharlal Nehru referred to Tata as a One-Man Planning
Commission.]

"When you have to give the lead in action, in ideas – a lead which
does not fit in with the very climate of opinion – that is true courage,
physical or mental or spiritual, call it what you like, and it is this type
of courage and vision that Jamshedji Tata showed. It is right that we
should honour his memory and remember him as one of the big
founders of modern India." —Jawaharlal Nehru[4]
1904–1938
After Jamsedji's death, his older son
Dorabji Tata became the chairman in
1904.] Sir Dorabji established the Tata Iron
and Steel company (TISCO), now known
as Tata Steel in 1907. Marking the group's
global ambitions, Tata Limited opened its
first overseas office in London. Following
the founder's goals, Western India's first
hydro plant was brought to life, giving birth
to Tata Power. Yet another dream,
Indian Institute of Science was
established with the first batch admitted in
1911.
1938–1991
J. R. D. Tata became chairman of Tata Group from 1938 - 1991
J. R. D. Tata was made chairman of the Tata Group in 1938.
Under his chairmanship, the assets of the Tata Group grew from
US$101 million to over US$5 billion. Starting with 14
enterprises, upon his departure half a century later in 1988, Tata
Sons had grown to a conglomerate of 95 enterprises. These
enterprises consisted of ventures that the company had either
started or in which they held controlling interest. New sectors
such as chemicals, technology, cosmetics, marketing,
engineering, manufacturing, tea, and software services earned
them recognition.
In 1952, JRD founded an airline, known as Tata Air Services
(later renamed Tata Airlines). In 1953, the Government of India
passed the Air Corporations Act and purchased a majority stake
in the carrier from Tata Sons, though JRD Tata would continue
as chairman till 1977.
In 1945, Tata Motors was founded, first focused on locomotives.
In 1954, it entered the commercial vehicle market after forming
a joint venture with Daimler-Benz. In 1968,
Tata Consultancy Services was founded.
1991–present
Ratan Tata, the former chairman of the company lead the acquisition
of several
companies by Tata Group
In 1991, Ratan Tata became chairman of Tata Group.This was also
the year of economic liberalization in India, opening up the market to
foreign competitors.[16] During this time, Tata Group began to acquire
a number of companies, including Tetley (2000), Corus Group
(2007), and Jaguar and Land Rover (2008).
In 2008, the subsidiary Tata Motors launched the Tata Nano which
they presented as "the world’s cheapest car".
In 2017, Natarajan Chandrasekaran was appointed chairman. He
was instrumental in restructuring business verticals and increasing
promoter stake ownership in companies. Under his leadership, the
group made acquisitions through insolvency law and investments in
E-commerce, expanded its airline business by winning a bid for Air
India and completely bought Air Asia India. He has mentioned the
future strategy is to focus on healthcare, electronics, and digital.
Tata Owned Air India got approval to acquire AirAsia India, nearly
two months after putting forth the proposal.
The Competition Commission of India (CCI) approved the
acquisition of the entire shareholding in Air Asia India by Tata-owned
 CHAIRMEN
 The chairman of Tata Sons is usually the chairman of the Tata Group. As of 2020,
there have been seven chairmen of Tata Group.
 Jamsetji Tata (1868–1904)
 Sir Dorabji Tata (1904–1932)
 Nowroji Saklatwala (1932–1938)
 J. R. D. Tata (1938–1991)
 Ratan Tata (1991–2012)
 Cyrus Mistry (2012–2016)
 Ratan Tata (2016–2017)
 Natarajan Chandrasekaran (2017–present)
 PHILANTHROPY
Tata is a supporter of education, medicine and rural development, and considered a
leading philanthropist in India. ]Tata supported University of New South Wales
Faculty of Engineering to develop capacitive deionization to provide improved water for
challenged areas.[41][42]
Tata Hall at the University of California, San Diego (UC San Diego), opened in November
2018, houses facilities for the biological and physical sciences and is the home of the Tata
Institute for Genetics and Society. The Tata Institute for Genetics and Society is a bi-
national institution that coordinates research between UC San Diego and research
operations in India to assist in societal and infrastructure development in the area of
combating vector-borne diseases. Tata Hall is named in recognition of a generous $70
million gift from Tata Trusts.
Tata Education and Development Trust, a philanthropic affiliate of Tata Group, endowed a
$28 million Tata Scholarship Fund that will allow Cornell University to provide financial aid
to undergraduate students from India. The scholarship fund will support approximately 20
scholars at any given time and will ensure that the very best Indian students have access
to Cornell, regardless of their financial circumstances. The scholarship will be awarded
annually; recipients will receive the scholarship for the duration of their undergraduate
 In 2010, Tata Group companies and Tata charities donated $50 million for the
construction of an executive center at Harvard Business School (HBS). The executive
center has been named Tata Hall, after Ratan Tata (AMP '75), chairman emeritus of
Tata Sons.] The total construction costs have been estimated at $100 million.] Tata Hall
is located in the northeast corner of the HBS campus, and is devoted to the Harvard
Business School's mid-career Executive Education program. It is seven stories tall, and
about 155,000 gross square feet. It houses approximately 180 bedrooms, in addition to
academic and multi-purpose spaces. [
 Tata Consultancy Services (TCS) has given the largest ever donation by a company to
Carnegie Mellon University (CMU) for a facility to research cognitive systems and
autonomous vehicles. TCS donated $35 million for this grand 48,000 square-foot
building that is called TCS Hall.
 In 2014, Tata Group endowed the Indian Institute of Technology, Bombay and formed
the Tata Center for Technology and Design (TCTD) to develop design and engineering
principles suited to the needs of people and communities with limited resources. They
gave ₹950 million to the institute which was the largest ever donation received in its
history.
Tata Trusts under the Chairmanship of Ratan Tata
provided a grant of ₹750 million to the Centre for
Neuroscience, Indian Institute of Science to study
mechanisms underlying the cause of Alzheimer's
disease and to evolve methods for its early diagnosis
and treatment. This grant was to be spread over 5
years starting in 2014.[51][52]

Tata Group, under the leadership of Ratan Tata formed

the MIT Tata Center of Technology and Design at
Massachusetts Institute of Technology (MIT) with a
mission to address the challenges of resource-
constrained communities, with an initial focus on India.
[53]
 Tata Institute of Fundamental Research
 The Energy and Resources Institute (formerly known as
Tata Energy and Research Institute), a non-governmental
research institute
 The JRD Tata Ecotechnology Centre
 National Centre for Performing Arts
 Tata Center for Technology & Design at Massachusetts
Institute of Technology
 Tata Centre for Technology & Design at IIT Bombay
 Tata Cricket Academy
 Tata Football Academy
 Tata Institute of Social Sciences
 Tata Management Training Centre
 Tata Medical Center, inaugurated on 16 May 2011 by
Ratan Tata
 Tata Memorial Hospital
 Tata Cancer Hospital
 Tata Trusts, a group of philanthropic organizations run by
the head of the business conglomerate Tata Sons
 BOARD MEMBERSHIPS AND AFFILIATIONS

 Ratan Tata was the interim chairman of Tata Sons. He continues to

head the main two Tata trusts Sir Dorabji Tata and Allied Trusts
and Sir Ratan Tata Trust and their allied trusts, with a combined
stake of 66% in Tata Sons, Tata group's holding company.

 He has served in various capacities in organizations in India and

abroad. He is a member of Prime Minister's 'Council on Trade and
Industry' and the 'National Manufacturing Competitiveness
Council'. He is on the jury panel of Pritzker Architecture Prize–
considered to be one of the world's premier architecture prizes.
He is a director on the boards of Alcoa Inc., Mondelez
International and Board of Governors of the East–West Center.
He is also a member of the board of trustees of
University of Southern California, Harvard Business School
Board of Dean's Advisors, X Prize and Cornell University. He is
a member on the board of International Advisory Council at
Bocconi University

He is also a member of the Harvard Business School India

Advisory Board (IAB) since 2006 and previously a member of
the Harvard Business School Asia-Pacific Advisory Board
(APAB) 2001–2006
 In 2013, he was appointed to the Board of Trustees of the
Carnegie Endowment for International Peace.

 In February 2015, Ratan took an advisory role at Kalari Capital, a

venture capital firm founded by Vani Kola.

 In October 2016, Tata Sons removed Cyrus Mistry as its

chairman, nearly 4 years after he took over the reins of the over
$100 billion conglomerate, Ratan Tata made a comeback, taking
over the company's interim boss for 4 months. On 12 January
2017, Natarajan Chandrasekaran was named as the chairman of
Tata Sons, a role he assumed in February 2017.
TATA TRUST
Most of the philanthropic activities of the group are carried out by various trusts incorporated by the members of
the Tata family.
Sir Dorabji Tata Trust and Allied Trusts
Sir Dorabji Tata Trust
Lady Tata Memorial Trust
JRD Tata Trust
Jamsetji Tata Trust
Tata Social Welfare Trust
JN Tata Endowment
Tata Education Trust
RD Tata Trust
The JRD and Thelma J Tata Trust
Sir Ratan Tata Trust & Allied Trusts
Sir Ratan Tata Trust
Tata Education and Development Trust
Navajbai Ratan Tata Trust
Bai Hirabai J. N. Tata Navsari Charitable Institution
Sarvajanik Seva Trust
Sir Ratan Tata Trust (SRTT) came into being in 1919 with a sum of Indian currency ₹8
million. It is under the ownership of Ratan Tata. Established in accordance with the will of
Sir Ratanji Tata, the Trust is now one of the oldest grant bestowing foundations in India.
The Trust has, for about a century, been instrumental in development processes, providing
grants to institutions in the areas of rural livelihoods and communities, education, health,
enhancing civil society and governance and arts, crafts and culture.
The Trust provides grants and partner with organisations that engage in innovative and
sustainable initiatives and with the potential to make a visible difference. It also provides
grants for endowments, has a separate programme for small grants and gives grants to
individuals for education and medical relief.
SRTT is headed by Arun Pandhi (chief development manager and overall in charge of all
programmes) and B. S. Taraporevala (secretary and chief accountant and overall in charge
of all administrative and financial matters)
The grants offered by the Trust can be broadly classified as:
 Institutional grants
 Endowment grants
 Small grants
 Individual grants
CONCLUSION
I learnt about the TATA company which is a
very big company holding up to 935,000
employees and having more than hundred
companies. I learnt about their history,
chairmen, philanthropy, Howard membership
and affiliation.At last the TATA trust.