TATA GROUP HISTORY

The Tata group: A Legacy of Trust Tata is Indias largest and most diversified business
conglomerate with more than 100 operating companies spread across 85 countries in six different
continents, employing 350,000 people and generating revenue of US$ 70.8 billion as of FY
2009. The group's global business operations are spread over seven business sectors:
communications and information technology, engineering, materials, services, energy,
consumer products and chemicals.
Tata companies share five core values integrity, understanding, excellence, unity and
responsibility. Each Tata company agrees to the Tata Code of Conduct by signing the TATA
Brand Equity and Business Promotion Agreement with Tata Sons Ltd. This ensures adherence to
the Tata ethos and value system. Adherence to ethics and excellence and the commitment
towards serving communities have been at the core of Tatas unblemished growth and sustenance
for over 140 years. This heritage evokes trust and goodwill among consumers, employees,
shareholders and the larger community. Today, the Tata name is a unique asset representing
Leadership with Trust. This legacy has earned the admiration of the groups stakeholders in a
manner few business houses can even hope to match.
Tata Group is one of India's largest and most respected business groups. Tata Group's name is
synonymous with India's industrialisation. The Group gave India her first steel plant, hydroelectric plant, inorganic chemistry plant and created a reservoir of scientific and technological
manpower for the country. Its Trusts have instituted the Tata Institute of Social Sciences in 1936;
India's first cancer hospital, the Tata Memorial in 1941, and in 1945, the Tata Institute of
Fundamental Research, which became the cradle of India's Atomic energy program. Today, Tata
Group comprises 96 operating companies in seven business sectors: information systems and
communications; engineering; materials; services; energy; consumer products; and chemicals.
The Group has operations in more than 54 countries across six continents, and its companies
export products and services to 120 nations.
Jamsetji Nusserwanji Tata laid the foundations of Tata Group when he started a private trading
firm in 1868. In 1874, he set up the Central India Spinning Weaving and Manufacturing
Company Limited and thus marked the Group's entry into textiles. In 1887, Jamsetji Tata formed
a partnership firm, Tata & Sons, with his elder son Sir Dorabji Tata and his cousin Ratanji
Dadabhoy Tata. His younger son Sir Ratan Tata joined the firm in 1896. In 1902, the Indian
Hotels Company was incorporated to set up the Taj Mahal Palace and Tower, India's first luxury
hotel, which opened in 1903. The Tata Iron and Steel Company (now known as Tata Steel) was
established to set up India's first iron and steel plant in Jamshedpur.
The plant started production in 1912. In 1910, Tata Hydro-Electric Power Supply Company,
(now Tata Power) was set up. In 1917, Tata Oil Mills Company was established to make soaps,
detergents and cooking oils. In 1932, Tatas entered aviation sector with the establishment of Tata
Airlines. In 1939, Tata Chemicals, presently, the largest producer of soda ash in India, was
established. In 1945, Tata Engineering and Locomotive Company (renamed Tata Motors in 2003)
was established to manufacture locomotive and engineering products. In 1954, India's major
marketing, engineering and manufacturing organisation, Voltas, was established. In 1962, Tata

Finlay (now Tata Tea), one of the largest tea producers, was established.
In 1968, Tata Consultancy Services (TCS), India's first software services company, was
established as a division of Tata Sons. In 1970, Tata McGraw-Hill Publishing Company was
created to publish educational and technical books. In 1984, Titan Industries, a joint venture
between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), was
set up to manufacture watches. In 1996, Tata Teleservices (TTSL) was established to lead the
Group's foray into the telecom sector. In 1998, Tata Indica, India's first indigenously designed
and manufactured car, was launched by Tata Motors. In 2000, Tata Tea acquired the Tetley
Group, UK. This was the first major acquisition of an international brand by an Indian business
group. In 2001, Tata entered into insurance business in joint venture with Tata AIG. In 2007, Tata
Steel acquired Corus the fifth largest steel company in
the world.
Tata Group Companies
The two Promoter companies of Tata Group are: Tata
Sons and Tata Industries. Tata Sons is the promoter of
all key companies of the Tata Group and holds the bulk
of shareholding in these companies. Tata Sons is the
owner of the Tata name and the Tata trademark, which
are registered in India and several other countries. Tata
Industries was set up by Tata Sons in 1945 as a
managing agency for businesses it promoted. Tata
Industries' mandate was recast, in the early 1980s, to
promote the Group's entry into new and high-tech areas
The rest of the Tata companies spread over seven sectors
in which Tata Group operates are:
1. Engineering
(a) Automotive:

Tata AutoComp Systems

Subsidiaries / associates / joint ventures: Automotive Composite Systems International,
Automotive Stampings and Assemblies, Knorr Bremse Systems for Commercial
Vehicles, TACO Engineering, TACO Faurecia Design Centre, TACO Hendrickson
Suspension Systems, TACO Interiors and Plastics Division, TacoKunststofftechnik,
TACO MobiApps Telematics, TACO Supply Chain Management, TACO Tooling, TACO
Visteon Engineering Center, Tata Ficosa Automotive Systems, Tata Johnson Controls
Automotive, Tata Toyo Radiator, Tata Yazaki AutoComp, TC Springs, Technical
Stampings Automotive

Tata Motors
Subsidiaries / associates / joint ventures: Concorde Motors, HV Axels, HV
Transmissions, Nita Company, TAL Manufacturing Solutions, Tata Cummins, Tata
Daewoo Commercial Vehicles Company, Tata Engineering Services, Tata Precision
Industries, Tata Technologies, Telco Construction Equipment Company

(b) Engineering Services

Tata Projects

TCE Consulting Engineers

Voltas

(c) Engineering Products

TAL Manufacturing Solutions

Telco Construction Equipment Company

TRF

2. Materials
(a) Composites

Tata Advanced Materials

(b) Metals

Tata Steel
Subsidiaries / associates / joint ventures: Hooghly Met Coke and Power Company,
Jamshedpur Injection Powder (Jamipol), Lanka Special Steel, mjunction services,
NatSteel, Sila Eastern Company, Tata Metaliks, Tata Pigments, Tata Ryerson, Tata
Sponge Iron, Tata Refractories, Tayo Rolls, The Indian Steel and Wire Products, The
Tinplate Company of India, TM International Logistics, Wires Division.

3. Energy
(a) Power

Tata BP Solar India

Tata Power
Subsidiaries / associates / joint ventures: Tata Ceramics, Tata Power Trading, North Delhi
Power Limited

(b) Oil & Gas

Tata Petrodyne

4. Chemicals

Rallis India

Tata Chemicals

Tata Pigments

5. Services
(a) Hotels and Realty

Indian Hotels (Taj group)

Subsidiaries / associates / joint ventures: Taj Air , Roots Corporation (Ginger Hotels)

THDC

(b) Financial Services

Tata AIG General Insurance

Tata AIG Life Insurance

Tata Asset Management

Tata Financial Services

Tata Investment Corporation

(c) Other Services

Tata Quality Management Services

Tata Services

Tata Strategic Management Group

6. Consumer Products

Infiniti Retail

Tata Tea
Subsidiaries / associates / joint ventures: Tetley Group, Tata Coffee, Tata Tetley, Tata Tea
Inc

Tata Ceramics

Tata McGraw Hill Publishing Company

Titan Industries

Trent

7. Information Systems and Communications

(a) Information Systems

Nelito Systems

Tata Consultancy Services

Subsidiaries / associates / joint ventures: APONLINE, Airline Financial Support Services,
Aviation Software Development Consultancy, CMC, CMC Americas Inc, Conscripti,
HOTV, Tata America International Corporation, WTI Advanced Technology

Tata Elxsi

SerWizSol

Tata Interactive Systems

Tata Technologies

(b) Communications

Tata Sky

Tata Teleservices

Subsidiaries / associates / joint ventures: Tata Teleservices (Maharashtra), Tata Internet

Services

VSNL

Tatanet

(c) Industrial Automation

Nelco
Subsidiaries / associates / joint ventures: Tatanet

Origin and founder

The story of the Tata Group of business unfolds with the birth of its
founderJamshedji Tata in the small town of Navasari in Gujarat in 1839. He breathed
hislast in 1904 in Germany. His parents were Nuseerwanji and Jeevanbai Tata.
Nusserwanji was the first businessman in a family of Parsi Zorastrian priests.Destiny
called him to Bombay where he started trading. Jamshedji joined him atthe tender
age of fourteen. He took admission in Elphinstone College and whilestill a student
he married Hirabai Daboo. Jamshedji graduated in 1858 and joinedhis father trading
firm.
Those were turbulent times. The British had just managed to ruthlessly crush
the1857 Revolt. Since the age of twenty-nine Jamshedji continued to work in his
fathers firm. In 1868 he started a trading company on his own with a capital of Rs.21, 000/- His first step
was to acquire a bankrupt oil mill and convert it into acotton mill which he renamed Alexander Mill
.
Two years later he sold it with agood margin of profit. With this he set up a cotton mill in Nagpur in 1874.
QueenVictoria had just been declared the Empress and in keeping with the timesJamshedji named it
Empress Mill.Jamshedji was a unique personality. He did not just think of innovative ways of
manufacturing textiles but he devised new laborpractices that would satisfy the workers. In this way he
was far ahead of his times.It was not just his own personal success but also of those who worked for him
andhis group. Jamshedji was in close contact with revolutionary thinkers andnationalists like Dadabhai
Naoroji and Pherozeshah Mehta and strongly influencedby them. He came to the conclusion that
economic self-sufficiency should go handin hand with political independence. The former should be the
base of the latter.Jamshedji had three key ideas in mind. He wanted to set up an iron and steelcompany,
world class learning institution and a hydroelectric plant
Unfortunately during his lifetime none bore fruit but he had planted the seed,which
later took roots and spread its branches under the care of his successors. Theonly
achievement that he lived to see was The Taj Mahal Hotel. It was completedin
December 1903 for a princely amount of Rs.4, 21, 00,000/-In this too he wasinspired
by nationalist thinking. In those days the locals, that is Indians, were notallowed into
the best European Hotels. Taj Mahal Hotel was a befitting reply tothis
discrimination.Tata Group is a private conglomerate with headquarters at Mumbai.
The presentChairman is Ratan Tata who took over from J.R.D. Tata in 1991. A

member of theTata family is always the Chairman of the group. Its operations covers
many fieldsrelated to industry and allied activities concerned with know-how and
itsapplication engineering, information technology, communications,
materials,automotive, chemicals energy, telecommunications, software, hotels,
steel andconsumer goods.The statistics and figures of Tata Group speak for
themselves. Itsrevenue touches $967,229 million or $21.9 billion in 2005/06. This is
equal to2.8% of Indias GDP. There are about 246.000 employees in the Tata group
as perrecords of 2004. Market capitalization figure is $57.6 billion. There are ninetysixcompanies operating in seven business sectors. Only twenty-eight of the ninetysix in Tata Group are publicly listed. Tata operates in more than forty
countriesacross six continents. It exports products and services to one hundred and
forty
nations. The Charitable Trust of Tata holds 65.8% of the ownership of Tata
groupTISCO now called Tata steel set up in 1907 Indias first iron and steel plant
inJamshedpur, which is often called Tatanagar. Production actually started in 1912.It
produces steel at the lowest cost in the world. This is mainly because it isassisted
by group member concern that deals with the supply of raw material likecoal and
iron. In 1910 was set up Tata Hydro-Electric Power Supply Company. In1917 the Tata
group made its debut in the field of consumer goods industry withthe setting up of
Tata Oil Mill dealing in soaps, detergents and cooking oil. 1932saw the
establishment of Tata airlines. Tata Chemicals made its appearance in1939. Telco
now known as Tata Motors started to manufacture locomotive andengineering
products from 1945
January 2007 is a watershed in the history of Tata Group. Tata steel made asuccessful bid for UK based
Corus Group, which was one of the worlds leadingsteel and aluminum producers. After an unprecedented
nine rounds of bidding Tatafinally clinched the deal. Tata offered to buy 100% stake in Corus at 608p
pershare (all cash) totaling to a value of $12.04 billion. It has turned out to be thebiggest acquisition by
any Indian company.Tata Power is one of the largest private sector companies in India and suppliespower
to Mumbai and parts of New Delhi. Then there are Tata Chemicals and TataPigments. In the service
sector there are Tata companies dealing with hotels,general insurance and life insurance. Tata offers
management, economic andfinancial consultancy services. Tata is one of the best names in the world
of investments and shares. In the area of education Tatas publishing house of TataMcGraw Hill is a
renowned name. Many renowned public sector companies andresearch organizations like Indian Institute
of Science, Tata Institute of Fundamental Research, Tata Institute of Social Sciences, Tata Energy
ResearchInstitute and Air India (Tata Airlines) owe their origins to the name of Tata. Othereducational
institutes are Tata Institute of Science now Indian Institute of Science,Bangalore, Tata Institute Of
Fundamental Research deemed University, TataManagement Training center, Pune, Tata Institute Of
Social Science deemedUniversity and National Centre for the Performing Arts.The name of Tata is
linked to consumer durables like tea, watches (Titan) TataTrent (Westside) to Tata Sky and even gold and
diamonds like Tanishq brand of jewellery.In information systems and communications the Tata name
comes with Computational & Research Laboratories, INCAT, Nelco, Nelito Systems, TCS
andTata Elxsi. There are software companies Tata Interactive Systems, Tata
Infotech,Tata Technologies Ltd, Tata Teleservices, Tatanet etc. Tata acquired VSNL,
theIndian telecom giant from Bermuda based Canadian company named Teleglobe
in2005.The aim of Tata Group is to improve the quality of life in the society by virtue

of integrity, understanding, excellence, unity and responsibility. The entire

familyknown as the Tata Group shares these values. Tatas contribution to
Indiaseducation, science and technology has been widely documented and
respected.The blue colored log of Tata speaks for fluidity as well as fountain of
knowledge.It can also be seen as a tree under which all are welcome to take refuge.

Brief History
1995
Tata Quality Management Services institutes the JRD QVAward, modelled on the Malcolm Baldrige
National QualityValue Award of the United States, laying the foundation of theTata Business Excellence
Model.
1996
Tata Teleservices Limited (TTSL) is established tospearhead the Groups foray into the telecom sector.
1998
Tata Indica Indias first indigenously designed, developedand manufactured car is launched by Tata
Motors,spearheading the Groups entry into passenger cars.
2000
Tata Tea acquires the Tetley Group, UK,in the fi rst majoracquisition of an international brand by an
Indian group.
2001
Tata-AIG a joint venture between the Tata Group and American InternationalGroup Inc (AIG)
marks the Groups re-entry into insurance.The Groups insurance company, New India Assurance, was
nationalisedin 1956
2002
The Tata Group acquires a controlling stake in Videsh SancharNigam Limited Indias leading
internationalTelecommunications service provider.Tata Consultancy Services becomes the fi rst
Indiansoftware company to cross one billion dollars in revenues.Titan launches Edge,the slimmest watch
in the world
2004
Tata Motors acquires the heavy vehicles unit of DaewooMotors,South Korea.Tata Steel makes its first
major overseas investment in NatSteelAsia, headquartered in Singapore.Tata Consulting Services goes
public in India's private sector's largest initialpublic offer.
2005
Indian Hotels adds New York's iconic hotel, The Pierre, toits portfolio as also its Ginger "Smart
Basics"hotels in India.VSNL acquires Tyco Global Network,making it one of theworld's largest provider
of submarine cable bandwidth.
2007
In a major step in its unfolding strategy of growth and globalisation, Tata Steelacquires Corus, the UKbased steelcompany, for $ 12.1 bn,the biggest overseas acquisitionby an Indian company.Tata Steel is now
the worlds 6th largest steel producer withcapacity of 26 million tonnes per annum and operations in
countries.

Mission and Vission

The Tata Group is one of India' largest business conglomerates established byJamshedji Tata (Jamshedji)
in the second half of the 19th century. Jamshedji'svision for the Group was in line with nationalist goals
and ideals then, andenvisaged to make India self-reliant. After Jamshedji, Jehangir Ratanji DadabhoyTata

(JRD) became the Chairman of the Tata Group and played a significant rolein continuing the vision of the
group. Tata's assets climbed from INR 620 millionin 1939 to INR 100 billion in 1990. Tata Motors had
increased its sales to INR 1million in the year 1991 and it had rolled out 3 million vehicles in the same
year.In 1991, Ratan Naval Tata (Ratan Tata/Ratan) took over the Chairmanship fromJRD Tata. Although
he was initially criticized for his poor performance, over theyears, Ratan Tata disproved his critics. He
restructured Tata Group's businessoperations and made the Group compete globally. Under Ratan
Tata'schairmanship, Tata Consultancy Services went public and Tata Motors was listedin the New York
Stock Exchange. Starting from the late 1990s, Ratan revampedthe operations of Tata Steel and made it
one of the lowest-cost steel producers inthe world. However, as the Tatas lacks an heir who can succeed
Ratan, the group isat cross-roads to decide who will be the next chairman. After Ratan Tata'sretirement
who would succeed him and carry the vision of the Group is a dilemma.
Our PEOPLE, by fostering team work, nurturing talent, enhancing leadership capabilityand acting with
pace, pride and passion.
Our OFFER, by becoming the supplier of choice, delivering premium products and servicesand creating
value with our customers.
Our INNOVATIVE APPROACH, by developing leading edge solution in technology,process and
products.
Our CONDUCT, by providing a safe working place respecting the environment, caring forour
communities and demonstrating high ethical standards
MISSION
Our Mission in Tata is to improve the quality of life in India through leadership intargeted sectors of
national economic significance to which the Group can bring aunique set of capabilities