The Tata Group The Tata Group
is Indias best-known industrial group with revenues in 2005-06 of $21.9
billion (Rs 967,229 million), the equivalent of about 2.8 per cent of the country's
GDP, and a market capitalisation of $69.8 billion as on November 1, 2007. Known
for its adherence to business ethics, it is Indias most respected private
business group. With more than 289,500 employees across 96 operating companies,
it is also Indias largest employer in the private sector.
Founded
by Jamsetji Tata in the 1860s, the Tata Groups early years were inspired
by the spirit of nationalism. The Tata Group pioneered several firsts in Indian
industry, in areas like steel, power utility, luxury hotels, and aviation, amongst
others. More recently, the Groups pioneering spirit continues to be showcased
by companies like Tata Consultancy Services (TCS), today Asias largest software
and services company, and Tata Motors, the first car maker in a developing country,
to design and produce a car from the ground up.
The business operations
of the Tata Group currently encompass Engineering, Materials, Energy, Chemicals,
Consumer Products, Services, and Communications & Information Systems. Amongst
the Group's 28 publicly listed enterprises, stand names such as Tata Steel, Tata
Consultancy Services, Tata Motors and Tata Tea, with a combined market capitalization
that is the highest among Indian business houses, and a shareholder base of over
2 million. The Tata Group has operations in over 80 countries across six continents,
and its companies export products and services to 85 nations.
The Tata family
of companies shares a set of five core values: integrity, understanding, excellence,
unity and responsibility. The Group and its enterprises have been steadfast and
distinctive in their adherence to business ethics and their commitment to corporate
social responsibility.
The Tata brand is recognised as the largest homegrown
brand in India and the most respected brand. The Tata Groups stable of brands
also includes many national and some internationally renowned product and service
brands, including Tata Indica, Tata Indigo, Indigo Marina, Tata Ace, Tata Safari,
Tata Indicom, Taj Group of Hotels (Luxury, Business and Leisure), Ginger, Tata
Tea, Tetley, Tata Salt, Tata Steelium, Tata Shaktee, Tata Tiscon, Tata Bearings,
Titan, Tanishq, Voltas, Westside, Star India Bazaar and Landmark.
The Tata
Group has always believed in returning wealth to the society it serves. Thus,
nearly two-thirds of the equity of Tata Sons, the Tata Groups promoter company,
is held by philanthropic trusts, which have created a host of national institutions
in science and technology, medical research, social studies and the performing
arts. The Trusts also provide endowments, grants and program aid to NGOs in the
areas of education, healthcare and social upliftment, and financial assistance
to deserving individuals.
By combining ethical values with business acumen,
globalization with national interests and core businesses with emerging ones,
the Tata Group aims to be the largest and most respected global brand from India
whilst fulfilling its long-standing commitment to improving the quality of life
of its stakeholders.
www.tata.com