The world's top 500, founded in 1945, is a subsidiary of India's Tata Group, India's largest comprehensive automobile company and commercial vehicle manufacturer, and acquired Ford's Land Rover Jaguar brand in 2008
Tata Motors is India's largest integrated automotive company and commercial vehicle manufacturer. Tata Motors, a subsidiary of India's Tata Group, was founded in 1945 with an annual turnover of $2 billion. It has a 59% share of the Indian market. In 1954, it cooperated with Daimler-Benz in Germany, and in 1969 it was able to design its own products independently. Commercial vehicles cover products from 2 to 40 tons. In 1999, Tata entered the passenger car segment with a market share of around 16%, best known for its in-house developed and designed Indica and Indigo products. Since the 60s, cars have been exported to a number of countries and regions such as Europe, Africa and Asia. TATA's sedans are also well-known, and the small sedan Indica (Indica) has received more than 110,000 orders in a short period of time after its launch, and the product is in short supply, setting a record for the highest car sales in India. Tata's main products include small cars, 4-drive off-road vehicles, buses, medium and heavy goods vehicles, etc. In 2008, Ford signed an agreement with India's Tata to sell the rights to five brands, including Land Rover, Jaguar, Rover, Daimler and Lanchester, to Tata for $2.65 billion.
As a fast-growing business conglomerate in India, the Tata Group has operations all over the world. According to statistics, Tata Group's revenue in the 2016-17 financial year was about US$100.39 billion, of which 64.1% came from domestic and foreign operations. The Tata Group employs more than 660,000 people worldwide. For more than 100 years, the name Tata has been widely respected by Indians for its adherence to good values and business ethics.
Tata GroupFounded in 1868 by James Teji Tata, it is a large multinational corporation headquartered in India. With more than 100 operating companies, the Tata Group is "globally improving the quality of life in the communities it serves and creating long-term value for its stakeholders." Guided by the Group's purpose, its offices are located in more than 100 countries on six continents. Tata Sons is Tata's main investment holding company, with 66% of its shares held by charitable foundations and used to support education, healthcare, lifestyle, arts and culture. The Tata Group had total revenues of US$100.39 billion in fiscal 2016-2017 and employed more than 660,000 people worldwide. Each Tata corporation or business operates independently under the direction and supervision of its own board of directors and shareholders. The Tata Group has 29 listed companies with a total market capitalization of approximately US$116.41 billion (as of March 31, 2016). The major companies of the Tata Group include: Tata Steel, Tata Motors, TCS, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Telecommunications Services, Titan, Tata Communications and India Hotel Group.
Thanks to the pioneering entrepreneurial spirit of the Tata Group, the Tata Group has developed several industries of national importance in India: steel, power, hospitality and aviation. In recent years, the pioneering spirit of the Tata Group has been reflected in its companies. These companies include Tata Consultancy Services, India's first software company; It also includes Tata Motors, which produced India's first homegrown car, the Indica, in 1998; The company also recently launched the Tata Nano, the world's most economical compact car. The quest for excellence is also evident in recent innovations, such as Tata Steel Europe's Silent Track technology, and Jaguar Land Rover's second-generation Terrain Feedback Adaptation System, which uses infrared laser scanning to determine terrain, and Wading Assist.
Tata Trust is a major shareholder of Tata Limited, which has established national scientific and technical institutions, medical research institutions, social research institutions and performing arts institutions. These charitable foundations also provide assistance and support to non-governmental organizations in the fields of education, health care and life. Companies within the Tata Group also extend their social contribution activities to the communities surrounding their corporate units.
With the continuous internationalization of the Tata Group, China has become one of the strategic priorities of the Tata Group. Tata Group's total revenue for the 2016-2017 fiscal year was US$100.39 billion, of which 64.1% was overseas. In 2016, the Group's sales in China exceeded US$10 billion, and the amount of purchases from China was approximately US$1 billion. The Tata Group currently has more than 19 companies in China with approximately 7,500 employees.
Today, the Group's subsidiaries operating in China include: Tata Advisory Services, Jones Day, Jaguar Land Rover, Tata International, Tata Auto Parts Systems, Tata Global Beverages, Hogovan Building Systems, Ucker Transportation, Timcam International Freight Forwarding, Tata Engineering Limited, Tata Technologies and Tata Communications.
