With a legacy of over 150 years, Tata Group stands as a beacon of integrity, innovation, and excellence, driving sustainable growth and making a lasting impact on communities worldwide.
History Of TATA Group
Tata Group was started by Jamsetji Tata in 1868. It began as a small trading company in India. Over the years, it grew by entering various industries like steel, automobiles, and software. Tata Group became successful by focusing on quality, innovation, and social responsibility. Today, it is one of the biggest and most respected companies in the world, with a presence in many countries and a wide range of businesses.
| Company Name | TATA Group |
| Founded By | Jamshedji Nusserwanji Tata |
| Established Year | 1868 |
| Industry | Conglomerate |
| Current CEO (2024) | Natarajan Chandrasekaran |
| Headquarters | Mumbai |
Journey Of Tata Group
1868: Jamsetji Tata started Tata Group as a trading company.
1874: Tata set up the Central India Spinning, Weaving, and Manufacturing Company in Nagpur.
1907: Tata Steel was established in Jamshedpur, becoming India’s first steel plant.
Expansion and Diversification
1932: Tata Airlines, the precursor to Air India, was founded by J.R.D. Tata.
1945: Tata Engineering and Locomotive Co. (now Tata Motors) was set up.
1968: Tata Consultancy Services (TCS) was established, becoming a leading IT services provider globally.
Major Developments
1991: Ratan Tata became the chairman, ushering in an era of modernization and globalization.
2000: Tata Tea acquired Tetley, a major British tea company, marking the beginning of Tata’s significant international acquisitions.
2004: Tata Motors bought Daewoo’s truck manufacturing unit in South Korea.
2007: Tata Steel acquired Corus, a major steelmaker in Europe.
2008: Tata Motors launched the Tata Nano, the world’s cheapest car, and acquired Jaguar and Land Rover from Ford.
Recent Years
2012: Cyrus Mistry succeeded Ratan Tata as chairman.
2017: Natarajan Chandrasekaran was appointed chairman after a brief interim period where Ratan Tata returned as interim chairman.
2020: Tata Group continued its focus on innovation and sustainability, with major investments in electric vehicles and renewable energy.
Tata Group Today
Tata Group is a global conglomerate with businesses in over 100 countries. It operates in sectors like steel, automobiles, IT, telecommunications, hospitality, and consumer goods. Tata companies like Tata Steel, Tata Motors, TCS, and Tata Power are leaders in their fields. The group is also known for its strong commitment to social responsibility, with significant contributions to education, healthcare, and community development through the Tata Trusts.
Tata Group’s success is built on values of integrity, excellence, and innovation, making it one of the most respected business groups in the world.
Turnover of Tata Group As Per 2024
As of 2024, the Tata Group’s turnover is approximately USD 165 billion for the fiscal year 2023. The group has a market capitalization of INR 31.6 trillion (USD 382 billion) as of March 2024, making it India’s largest conglomerate.
The Tata Group, headquartered in Mumbai, operates in over 100 countries and offers products and services in more than 150 countries. Major companies under the Tata Group umbrella include Tata Consultancy Services, Tata Motors, Tata Steel, Tata Power, Titan, Air India, Tata Consumer Products, and many others.
FAQs (Frequently Asked Questions)
1)Who is CEO of Tata Group?
Ans:-Natarajan Chandrasekaran is CEO Of Tata Group in 2024
2)How many companies are under Tata Group?
Ans:- 30+ companies
3)Who founded Tata?
Ans:- Jamshedji Nusserwanji Tata founded Tata in 1868
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