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Tata is a rapidly growing business group based in India
with significant international operations. Revenues
in 2007-08 (un-audited) are estimated in excess of $55
billion (around Rs231,000 crore), of which 65 per cent
was from business outside India. The Group employs around
350,000 people worldwide. The Tata name has been respected
in India for 140 years for its adherence to strong values
and business ethics.
The business operations of the Tata Group currently
encompass seven business sectors: Communications and
Information Technology, Engineering, Materials, Services,
Energy, Consumer Products and Chemicals. The Group's
27 publicly listed enterprises have a combined market
capitalisation of $49.56 billion as on July 3, 2008,
among the highest among Indian business houses, and
a shareholder base of 2.9 million. The major companies
in the Group include Tata
Steel, Tata Motors,
Tata Consultancy Services
(TCS), Tata Power,
Tata Chemicals,
Tata Tea, Indian
Hotels and Tata Communications.
The Groups major companies are beginning to be
counted globally. Tata Steel became the sixth largest
steel maker in the world after the acquisition of Corus.
Tata Motors is amongst the top five commercial vehicle
manufacturers in the world and has recently completed
the acquisition of Jaguar and Land Rover. TCS is one
of the leading global software businesses, with delivery
centres in the US, UK, Hungary, Brazil, Uruguay and
China, other than India. Tata Tea is the second largest
branded tea company in the world, through its UK based
subsidiary Tetley. Tata Chemicals is the worlds
second largest manufacturer of soda ash. Tata Communications
is one of the worlds largest wholesale voice carriers.
In tandem with the increasing international footprint
of its companies, the Group is also gaining international
recognition. Brand Finance, a UK based consultancy firm,
recently valued the Tata brand at US$ 11.4 billion and
ranked it 57th amongst the Top 100 brands in the world.
Businessweek ranked the Group sixth amongst the
Worlds Most Innovative Companies and
the Reputation Institute, USA recently rated it as the
Worlds sixth Most Reputed Firm.
Founded by Jamsetji Tata in 1868, the Tata Groups
early years were inspired by the spirit of nationalism.
The Tata Group pioneered a number of industries of national
importance in India: steel, power, hospitality and airlines.
In more recent times, the Tata Groups pioneering
spirit has been showcased by companies like Tata Consultancy
Services, Indias first software company, which
pioneered the international delivery model, and Tata
Motors which made Indias first indigenously developed
car, the Indica, in 1998 and recently unveiled the worlds
least cost car, the Tata Nano, for commercial launch
by end of 2008.
The Tata Group has always believed in returning wealth
to the society it serves. Two-thirds of the equity of
Tata Sons, the Tata Groups promoter company, is
held by philanthropic trusts which have created national
institutions in science and technology, medical research,
social studies and the performing arts. The trusts also
provide aid and assistance to NGOs in the areas of education,
healthcare and livelihoods. Tata companies also extend
social welfare activities to communities around their
industrial units. The combined development-related expenditure
of the trusts and the companies amounts to around 4
per cent of the Groups net profits.
Going forward, the Group is focusing on new technologies
and innovation to drive its business in India and internationally.
The Nano car is one example, as is the Eka supercomputer,
currently ranked the worlds fourth fastest, developed
by one of its companies. The Group aims to build a series
of world class, world scale businesses in select sectors.
Anchored in India and wedded to its traditional values
and strong ethics, the Group is building a multinational
business which will achieve growth through excellence
and innovation, while balancing the interests of its
shareholders, its employees and wider society.
Contact
Bombay House
24, Homi Mody Street
Mumbai 400 001
India
Phone: +91 (22) 6665 8282
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