TATA TATA GROUP PROFILE The Tata Group comprises 96 operating companies in seven business sectors: information systems and communications; engineering; materials; services; energy; consumer products; and chemicals. The Tata Group has operations in more than 54 countries across six continents, and its companies export products and services to 120 nations. Tata companies together employ some 2,46,000 people. The Group's 28 publicly listed enterprises ² among them stand out names such as Tata Steel, Tata Consultancy Services, Tata Motors and Tata Tea ² have a combined market capitalization that is the highest among Indian business houses in the private sector, and a shareholder base of over 2 million The Tata family of companies shares a set of five core values: integrity, understanding, excellence, unity and responsibility. vISION Purpose At the Tata Group their purpose is To improve the quality of life of the communities they serve. They do this through leadership in sectors of national economic significance, to which the Group brings a unique set of capabilities. This requires them to grow aggressively in focused areas of business. Their heritage of returning to society what they earn evokes trust among consumers, employees, shareholders and the community. The Tata name is a unique asset representing leadership with trust. Last But Not Least Nation Building And Social Welfare. Milestones 1868 The TATA Group was founded by Jamsetji Nusserwanji Tata in the mid 19th century, a period when India had just set out on the road to gaining independence from British rule. 1874 The Central India Spinning, Weaving and Manufacturing Company is set up, marking the Group's entry into textiles. 1902 The Indian Hotels Company is incorporated to set up the Taj Mahal Palace and Tower, India's first luxury hotel, which opened in 1903. 1907 The Tata Iron and Steel Company (now Tata Steel) is established to set up India's first iron and steel plant in Jamshedpur. The plant started production in 1912. 1910 The first of the three Tata Electric Companies, The Tata Hydro-Electric Power Supply Company, (now Tata Power) is set up. 1911 The Indian Institute of Science is established in Bangalore to serve as a centre for advanced learning. 1912 1917 Tata Steel introduces eight- The Tatas enter the consumer hour working days, well goods industry, with the Tata before such a system was Oil Mills Company being implemented by law in established to make soaps, much of the West. detergents and cooking oils. 1932 Tata Airlines, a division of Tata Sons, is established, opening up the aviation sector in India. 1939 Tata Chemicals, now the largest producer of soda ash in the country, is established 1945 Tata Engineering and Locomotive Company (renamed Tata Motors in 2003) is established to manufacture locomotive and engineering products. Tata Industries is created for the promotion and development of hi-tech industries. 1952 1954 Jawaharlal Nehru, India's India's major marketing, first Prime Minister, engineering and manufacturing requests the Group to organisation, Voltas, is manufacture cosmetics in established. India, leading to the setting up of Lakme. 1962 Tata Finlay (now Tata Tea), one of the largest tea producers, is established. 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 services company, is established as a division of Tata Sons. 1984 1991 Titan Industries ƛ a joint venture Tata Motors rolls out its millionth between the Tata Group and the vehicle. (The two-million mark was Tamil Nadu Industrial reached in 1998 and the third Development Corporation million in 2003.) (TIDCO) ƛ is set up to manufacture watches. 1995 Tata Quality Management Services institutes the JRD QV Award, modeled 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. Tata Indicom delivers cellular services through its CDMA mobile telephony platform. It has pre-paid and post-paid options, enhanced through tie-ups for handsets with leading manufacturers. 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 2000 Tata Tea acquires the The new Tata Group Tetley Group, UK. This is corporate mark and the first major acquisition logo are launched. 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, was nationalised in 1956). 2002 The Tata Group acquires a controlling stake in VSNL, 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. Idea Cellular, the cellular service born of a tie-up involving the Tata Group, the Birla Group and AT&T, is launched. Tata Indicom, the umbrella brand for telecom services from the Tata Teleservices stable, starts operations. 2003 Tata Motors launches CityRover ± Indicas fashioned for the European market. The first batch of CityRovers rolled out from the Tata Motors stable in Pune on September 16, 2003. 2004 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 $1.2 billlion. 2005 Tata Steel acquires Singapore-based steel company NatSteel by subscribing to 100 per cent equity of its subsidiary, NatSteel Asia . VSNL 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 takes over management of The Pierre, NY . Taco acquires Wundsch Weidinger, Germany. 2005 Tata Steel acquires stake in Carborough Down Coal Project, Queensland, Australia VSNL acquires Teleglobe International Holdings, Bermuda TCS acquires Sydney-based Financial Network Services (FNS) Tata Motors passenger vehicle sales cross one- million mark 2005 TCS acquires leading BPO firm Comicrom in Chile. The Indian Hotels Company acquires hotel run by Starwood, Sydney. Tata Steel acquires Millennium Steel, Thailand. Tata Chemicals acquires controlling stake in Brunner Mond Group, UK. Tata launched gold plus ,a new jewellery range. 2006 Tata Credit Card launched Foundation stone for the Tata Medical Centre unveiled in Kolkata Tata Steel ranked world¶s best steel maker for the third time by World Steel Dynamics 2006 Tata¶s join hands with Indigene Pharmaceuticals to build a global biopharmaceutical company Tata Sky satellite television service launched across the country Tata Steel begins construction of R670 million Ferrochrome plant in South Africa 2007 In a giant leap, Tata Steel's acquisition of the Anglo-Dutch steel major Corus has vaulted the former to the fifth position from 56th in global steel production capacity. 2007 TCS inaugurates TCS China ² 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 People¶s Car, at the 9th Auto Expo in Delhi on January 10, 2008. Tata Motors acquires the Jaguar and Land Rover brands from the 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 owners of the Tata Nano chosen; delivers first Tata Nano in the country in Mumbai. Tata Motors ushers new era in Indian auto industry with its new, world- standard truck range. 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 Hispano Carrocera, one of the largest manufacturers of bus and coach cabins in Europe. Tata Teleservices launches Photon TV, an application that allows Tata Photon Plus subscribers to watch live television channels on their laptops while on the move, and on their personal computers at home and in the office. Tata Chemicals launches Tata Swach ² the world¶s most cost-effective water purifier. 2010 TRF acquires UK-based Hewitt Robins International. New plant for Tata Nano at Sanand inaugurated. Group Today - 7 Business Sectors Materials Energy Tata Power Tata Steel Tata BP Solar Advance Materials Services Chemicals Taj Hotels Tata AIG Life & Tata Chemicals General Insurance Rallis Companies Consumer IT and Engineering Products Communications Tata Motors Tata Tea Tata Consultancy Titan Services TACO Group Trent Tata Teleservices Voltas VSNL 28 Listed Companies ; 280,000 employees PRODUCTS AND SERVICES For homes and individuals Agricultural appliances (Tata