Tata companies operate in seven business sectors:
communications and information technology, engineering, materials,
services, energy, consumer products and chemicals. They are, by and
large, based in India and have significant international operations.
The total revenue of Tata companies, taken together, was $70.8 billion
(around Rs325,334 crore) in 2008-09, with 64.7 per cent of this coming
from business outside India, and they employ around 357,000 people
worldwide. The Tata name has been respected in India for 140 years for
its adherence to strong values and business ethics.
Every Tata company or enterprise operates
independently. Each of these companies has its own board of directors
and shareholders, to whom it is answerable. There are 27 publicly
listed Tata enterprises and they have a combined market capitalisation
of some $60 billion, and a shareholder base of 3.5 million. The major
Tata companies are Tata Steel, Tata Motors, Tata Consultancy Services
(TCS), Tata Power, Tata Chemicals, Tata Tea, Indian Hotels and Tata
Communications.
Tata Steel became the sixth largest steel maker in the
world after it acquired Corus. Tata Motors is among the top five
commercial vehicle manufacturers in the world and has recently acquired
Jaguar and Land Rover. TCS is a leading global software company, with
delivery centres in the US, UK, Hungary, Brazil, Uruguay and China,
besides India. Tata Tea is the second largest branded tea company in
the world, through its UK-based subsidiary Tetley. Tata Chemicals is
the world’s second largest manufacturer of soda ash and Tata
Communications is one of the world’s largest wholesale voice carriers.
In tandem with the increasing international footprint
of Tata companies, the Tata brand is also gaining international
recognition. Brand Finance, a UK-based consultancy firm, recently
valued the Tata brand at $9.92 billion and ranked it 51st among the
world's Top 100 brands. Businessweek magazine ranked Tata
13th among the '25 Most Innovative Companies' list and the Reputation
Institute, USA, recently rated it 11th on its list of world's most
reputable companies.
Founded by Jamsetji Tata in 1868, Tata’s early years
were inspired by the spirit of nationalism. It pioneered several
industries of national importance in India: steel, power, hospitality
and airlines. In more recent times, its pioneering spirit has been
showcased by companies such as TCS, India’s first software company, and
Tata Motors, which made India’s first indigenously developed car, the
Indica, in 1998 and recently unveiled the world’s lowest-cost car, the
Tata Nano.
Tata companies have always believed in returning wealth
to the society they serve. Two-thirds of the equity of Tata Sons, the
Tata promoter company, is held by philanthropic trusts that have
created national institutions for science and technology, medical
research, social studies and the performing arts. The trusts also
provide aid and assistance to non-government organisations working in
the areas of education, healthcare and livelihoods. Tata companies also
extend social welfare activities to communities around their industrial
units. The combined development-related expenditure of the trusts and
the companies amounts to around 4 per cent of the net profits of all
the Tata companies taken together.
Going forward, Tata is focusing on new technologies and
innovation to drive its business in India and internationally. The Nano
car is one example, as is the Eka supercomputer (developed by another
Tata company), which in 2008 was ranked the world’s fourth fastest.
Anchored in India and wedded to traditional values and strong ethics,
Tata companies are building multinational businesses that will achieve
growth through excellence and innovation, while balancing the interests
of shareholders, employees and civil society.
For more details, please visit www.tata.com