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On The Legacy of TATA in India
On The Legacy of TATA in India
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History
Type Industry Founded Founder(s) Headquarters Area served Key people Privately held company Conglomerate 1868 Jamsedji Tata Mumbai, Maharashtra, India Worldwide Ratan Tata (Chairman) Automotive, steel, telecommunications, metals, financial services, hotels, property development, energy, engineering products, consumer products, chemicals, information technology, retailing
Products
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3 March 1839 19 May 1904) was an Indian entrepreneur and indu strialist, prominent for his pioneering work in Indian industry. He was born to a Parsi family in Navsari, Gujarat, India. He founded what would later become the Tata Group of companies. Jamsetji Tata is regarded as the "father of Indian industry".
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Personal life
Jamshetji Tata married Hirabai Daboo. Their sons, Dorabji Tata and Ratanji Tata, succeeded Jamshetji as the chairman of the Tata group
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Legacy
The company started by Jamsetji Tata came to
be known as the Tata Group and is today among the largest private sector firms in the world. Jamshedpur, also known as Tatanagar, a city in Indian state of Jharkhand is named after him. The Tata Group has many facilities there, vizTata Steel, Tata Motors (manufacturing heavy vehicles) also includes HVAL, HVTL, Telcon, Tata Power, Jusco, Tata Cumins, Tata Robins Frazer (TRF), Tata bearing, Tayo, Tata Tubes Division, Tinplate, Tata Agrico, IS&WP, Tata Pigments.
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Trust Report, 2011 has ranked TATA as the second most trusted brands of India.
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Recognition
The international brand consultancy Brand Finance has ranked the $80-billion conglomerate, Tata Group, as 50th most valuable brand in the World. The most recent Global 500 report by Brand Finance shows that despite the controversies, Tata Group's brand value has soared to $15.08 billion for the current year compared to $11.2 billion last year in 2010.
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company; it is the leader in commercial vehicles and among the top three in passenger vehicles. Worldwide it is the world's fourth-largest truck manufacturer and second-largest bus manufacturer. It has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad and Pune, India, as well as in Argentina, South Africa, Thailand and the United Kingdom. Tata Motors has produced and sold over 4 million vehicles in India since 1954.
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The 2nd generation Tata Indica V2's fuel economy, powerful engine and aggressive marketing strategy made it one of the best selling cars in the history of the Indian automobile industry.
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Important Development
In January 2008, Tata
Motors launched Tata Nano, the least expensive production car in the world at about 120,000 (US $3000). The city car was unveiled during the Auto Expo 2008 exhibition in Pragati Maidan, New Delhi.
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Company Limited) is Asia's first and India's largest and became world's fifth largest steel company,after it acquired anglo-Dutch Corus group producing 28 million tonnes of steel annually.
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TATA Power
The Tata Power Company Limited is India's largest private sector electricity generating company with an installed generation capacity of over 2300 MW
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ANY QUESTIONS
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Thank You
ojhaanupkumar@gmail.com
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