Chapter 2
Chapter 2
Chapter 2
Founded by Jamsedji Tata in 1868, the Tata Groups early years were inspired
by the spirit of nationalism. The Group pioneered several 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 lowest-cost car, the Tata Nano, for commercial
launch by end of 2008. In terms of market capitalization and revenues, Tata
Group is the largest private corporate group in India and has been
recognized as one of the most respected groups in the world. It has interests
in steel, automobiles, information technology, communication, power, tea
and hospitality. The Tata Group has operations in more than 85 countries
across six continents and its companies export products and services to 80
nations. In the past few years, the TATA group has led the growing appetite
among Indian companies to acquire businesses overseas in Europe, the
United States, Australia and Africa - some even several times larger - in a bid
to consolidate operations and emerge as the new age multinationals.
The TATA group is 11th most reputable company in the world according to
Forbes.
At home in the world
Anchored in India and committed to its traditional values of leadership with trust, the Tata group
is spreading its footprint globally through excellence and innovation. Each operating Company
in the group develops its international business as an integral element in an overall strategy,
depending on the competitive dynamics of the industry in which it operates. Exports from India
remain the cornerstone of the Tata groups international business, but different Tata companies
are increasingly investing in assets overseas through Greenfield projects (such as in South Africa,
Bangladesh and Iran), joint ventures (in South Africa, Morocco and China) and acquisitions.
Priority markets
While individual Tata companies have differing geographical imperatives, the Tata group is
focusing on a clutch of priority countries, which are expected to be of strategic importance in the
years ahead. The regions are North America, UK, China, the Netherlands, Germany, South
Africa, and members of the Gulf Cooperation Council, Brazil, Vietnam, Thailand and Sri Lanka.
Ratan Tata, Chairman, Tata Sons, sums up the Tata groups efforts to internationalize its
operations thus: I hope that a hundred years from now we will spread our wings far beyond
India, that we become a global group, operating in many countries, an Indian business
conglomerate that is at home in the world, carrying the same sense of trust that we do today.
The Tata name has been respected in India for 140 years for its adherence to strong values and
business ethics. The Groups 27 publicly listed enterprises have a combined market capitalization
of some $60 billion, among the highest among Indian business houses, and a shareholder base of
3.2 million.
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 $11.4 billion and ranked it 57th amongst the Top 100 brands in the world.
Businessweekranked the Group sixth amongst the Worlds Most Innovative Companies. And the
Reputation Institute, USA, recently rated it as the Worlds Sixth Most Reputed Firm.
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.
Positive environment impact through reduced carbon footprint by 6.2 million tonnes till
April 2014
EPC projects of 185+ MW commissioned till date with lifetime O&M services
A process-driven organisation with international certifications - ISO 9001, ISO 14001 &
ISO 18001.
The Central India Spinning, Weaving and Manufacturing Company is set up, marking the group's
entry into textiles and its first large-scale industrial venture.
1902
The Indian Hotels Company is incorporated to set up the TajMahal Palace and Tower, India's
first luxury hotel, whichopened in
1903
Tata Engineering and Locomotive Company (renamed TataMotors in 2003) is established to
manufacture locomotive and engineering products.Tata Industries is created for the promotion
and development of hi-tech industries.
1952
Jawaharlal Nehru, India's first Prime Minister, requests the group to manufacture cosmetics in
India, leading to the setting up of Lakme. The company was sold to Hindustan Lever
(nowUnilever) in 1997.
1954
India's major marketing, engineering and manufacturing organisation, Voltas, is established.
1962
Tata Finlay (now Tata Tea), one of the largest tea producers, isestablished.Tata Exports is
established. Today the company, renamed Tata International, is one of the leading export houses
in India.
1968
Tata Consultancy Services (TCS), India's first software servicescompany, is established as a
division of Tata Sons.
1971
Tata Precision Industries, the first Tata company in Singapore,is founded to design and
manufacture precision engineering products.
1984
The first 500 MW thermal power unit at the Trombay station of the Tata Electric Companies is
commissioned.
1995
Tata Quality Management Services institutes the JRD QV Award,modelled on the Malcolm
Baldrige National Quality Value Award of the United States, laying the foundation of the
Tata Business Excellence Model.
1996
Tata Teleservices (TTSL) is established to spearhead the group's foray into the telecom sector.
1998
Tata Indica India's first indigenously designed and manufactured car is launched by Tata
Motors, spearheading the group's entry into the passenger car segment.
1999
The new Tata group corporate mark and logo are launched.
2000
Tata Tea (now Tata Global Beverages) )acquires the Tetley group, UK. This is the first major
acquisition of an international brand by an Indian business group.
2001
Tata AIG a joint venture between the Tata group and American International Group Inc
(AIG) marks the Tata re-
entry into insurance. (The group's insurance company, New India Assurance, set up in 1919, was
nationalised in 1956).
2002
Tata Sons acquires a controlling stake in VSNL (renamed TataCommunications in 2008), India's
leading international telecommunications service provider.Tata Consultancy Services (TCS)
becomes the first Indian software company to cross one billion dollars in revenues.Titan
launches Edge, the slimmest watch in the world.
2004
Tata Motors is listed on the world's largest bourse, the New York Stock Exchange, the second
group company to do so after VSNL.Tata Motors acquires the heavy vehicles unit of Daewoo
Motors,South Korea.TCS goes public in July 2004 in the largest private sector initial public
offering (IPO) in the Indian market, raising nearly $1.2billlion
entry into insurance. (The group's insurance company, New India Assurance, set up in 1919, was
nationalised in 1956).
2002
Tata Sons acquires a controlling stake in VSNL (renamed TataCommunications in 2008), India's
leading international telecommunications service provider.Tata Consultancy Services (TCS)
becomes the first Indian software company to cross one billion dollars in revenues.Titan
launches Edge, the slimmest watch in the world.
2004
Tata Motors is listed on the world's largest bourse, the New York Stock Exchange, the second
group company to do so after VSNL.Tata Motors acquires the heavy vehicles unit of Daewoo
Motors,South Korea.TCS goes public in July 2004 in the lar
2005
Tata Steel acquires Singapore-based steel company NatSteel by subscribing to 100 per cent
equity of its subsidiary, NatSteel Asia.VSNL (now Tata Communications) acquired Tyco
Global Network, making it one of the world's largest providers of submarine cable
bandwidth.Tata Sons completes 60 years of Tata operations in the US.The Taj acquires a hotel
run by Starwood, Sydney (renamed Blue) and takes over management of The Pierre, NY.
2006
Tata Sky satellite television service launched across the country. Foundation stone for the Tata
Medical Centre unveiled in Kolkata.
2007
Tata Steel acquires the Agno-Dutch company Corus, making it the world's fifth-largest steel
producer.TCS inaugurates TCS China a joint venture with the Chinese government and other
partners. Computational Research Laboratories, a division of Tata Sons,develops Eka, one of the
fastest supercomputers in the world and the fastest in Asia.The Taj acquires Campton Place Hotel
in San Francisco.Tata Steel celebrates its centenary on August 26, 2007.
2008
Tata Motors unveils Tata Nano, the Peoples Car, at the 9
th
Auto Expo in Delhi on January 10, 2008.Tata Motors acquires the Jaguar and Land Rover brands
fromthe Ford Motor Company.Tata Chemicals acquires General Chemical Industrial
Products Inc.
2009
Tata Motors announces commercial launch of the Tata Nano;Tata Nano draws over 2.03 lakh
bookings; first 100,000 ownersof the Tata Nano chosen; delivers first Tata Nano in the countryin
Mumbai.Tata Teleservices announces pan-India GSM service with NTT DOCOMO.
TRF acquires Dutch Lanka Trailer Manufacturers (DLT), Sri Lanka, a world-class trailer
manufacturing company. Jaguar Land Rover introduces its premium range of vehicles
in India.Tata Motors acquires remaining 79 per cent shares in HispanoCarrocera, one of the
largest manufacturers of bus and coachcabins in Europe.Tata Chemicals launches Tata Swach
the worlds most cost-effective water purifier.Tata Housing makes waves with its launch of low
cost housing inMumbai.
2010
TRF acquires UK-based Hewitt Robins International. New plant for Tata Nano at Sanand
inaugurated. Advinus Therapeutics announces the discovery of a novel molecule GKM-001
for the treatment of type II diabetes.Tata Tea announces joint venture with PepsiCo for health
drinks.Tata Tea group rebrands itself as Tata Global Beverages,headquartered in London.Tata
DOCOMO launches its 3G services in Maharashtra and Gujarat. Brunner Mond acquires 100per-cent stake in leading vacuum salt producer British Salt, UK.Tata Chemicals launches i-Shakti
dals, a range of branded pulses.
2011
Tata Coffee and Starbucks sign MoU for strategic alliance in India.Tata Chemicals rebrands its
global subsidiaries in the UK,
We consistently monitor and maintain our HSSE standards and compliances by:
Regular audits
Ergonomic assessments
Certified installers
Contractor management
Legal requirements
Not-for-profit collaborations
Working to eradicate illiteracy, APSA and Yuva Lok Foundation are two NGOs which Tata
Power Solar has supported for more than six years. We have set up a computer lab, donated a
school van, provided play equipment, lockers, AV equipment, lab material, library furniture,
school uniforms, winter wear, stationery and more.
Under our Little Light House CSR initiative, we have donated and installed solar water heating
systems with a capacity of 500 LPD at The Banyan, a free school for children from neighbouring
granite quarries, that was established by the Lovedale Foundation.
employment for neighbouring communities, bringing essential electricity to their homes and
workplaces. We demand sustainable practices not just in our own business environment but also
in the companies we choose to partner with, effecting a percolation of quality and sustainability
through the supply chain, all the way to the consumer.
Tata Power Solar Systems Limited
78, Electronics City, Phase I
Hosur Road
Bangalore - 560 100 India
Tel: 91 80 6777 2000, 3000
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