Being one of India's oldest and biggest groups, the TATA group is an Indian-based multinational, multi-industry company founded by Jamshedji Tata in 1868. It was founded as a private trading firm by J.Tata. The group incorporated with the Indian Hotels Company in 1902 to commission the first luxury hotel of India – the Taj Mahal Palace & Tower.
After the death of J. Tata, his son Dorab Tata became the chairperson of the group. Under his leadership, the group vastly expanded in several industries such as steel, electricity, education, consumer goods, and aviation.
Under the leadership of Jehangir Ratanji Dadabhoy Tata (J.R.D.) The company grew in new sectors such as chemicals, technology, cosmetics, marketing, engineering and manufacturing, tea, and software services.
Let us look at some of the unknown facts about The TATA group.
Tata group is recognized worldwide
Tata group built the country’s first indigenous car
Tata also built the first sports car in India
Tata supplies to the Indian Army
Tata built the world’s cheapest as well as costliest car
Tata group is the 5th most valuable corporate in Asia
Tata group never invested in the alcohol or tobacco business
Tata group Never sponsored any Bollywood movie
The TATA brand has been a pioneering brand of many services
There are 5 core values of TATA
TATA group of companies own a no. of companies
TATA Motors owns Jaguar Land Rover
The first trucks of the TATA Motors had the Mercedes logo
TATA Steel acquired the Corus group in 2007
The TATA logo has a unique meaning
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Larry's hatred towards Microsoft
Conclusion
FAQs
Tata group is recognized worldwide
This huge company is not only present in India. But the TATA group has its market presence all over the world in 175 countries. It is well recognized in the car industry with more than 8.5 million vehicles of the TATA brand.
Tata group built the country’s first indigenous car
So many foreign car brands have entered India. But you will be amazed to know that India's first indigenous car was manufactured in 1998. The TATA Indica is a passenger hatchback car equipped with a 1396 cc diesel engine. This car became a hit instantly.
Tata also built the first sports car in India
The RACEMO was India's first sports car which was built by TATA Motors under the badge of its sub-brand TAMO. It has a 190 PS engine that can speed up to 100km/hr in 6 seconds.
Tata supplies to the Indian Army
TATA has been supplying armored trucks and combat-ready vehicles to our Indian army for decades.
Tata built the world’s cheapest as well as costliest car
TATA Nano, the world’s cheapest car costing 1 lakh was launched in 2008 by TATA Motors. It has a 624cc petrol engine which produces 37bhp of power and 51Nm of torque. The production of this car eventually stopped in 2019.
The car was also introduced as the world’s first-ever gold jewelry car. It was made of gold, silver, and precious gems and was made to celebrate 5000 years of jewelry making in India. The car costs over 22 crores.
Tata group is the 5th most valuable corporate in Asia
Even after facing many downfalls in past decades. In 2015, TATA Motors became the 5th most valuable corporate brand in Asia due to its high net revenue and overall growth.
Abinaya Arangarajan
Tata group never invested in the alcohol or tobacco business
Although, intoxicants have a greater business in a country like India. Though the company had expanded its business in various areas, it never invested in tobacco and alcohol.
Tata group Never sponsored any Bollywood movie
Many huge companies try to invest once in the entertainment industry. But very interestingly the TATA company has never sponsored any Bollywood movies. But in 2003 the company co-produced the big-budget movie Aitbaar.
Alan Joseph
The TATA brand has been a pioneering brand of many services
From providing the first branded salt to establishing the first steel mill in India, TATA had established its strong base from the very start for our developing country. They also established five-star hospitality in India, IT services, power companies, etc. It was also the first to organize branded jewelry and the first to sell retail steel in India.
There are 5 core values of TATA
TATA follows 5 core values for running its business:- Integrity, Responsibility, Excellence, Pioneering, and Unity.
TATA group of companies own a no. of companies
These companies owned by Tata group includes:
- TATA Consultancy Services
- TATA Motors
- TATA Steel
- TATA Chemicals
- TATA Consumer Products
- Titan
- TATA Capital
- TATA power
- TATA Advanced Systems
- Indian Hotels
- TATA Communications.
TATA Motors owns Jaguar Land Rover
Jaguar Land Rover is a Britain automobile company that is a part of TATA Motors. It manufactures, designs, and sells cars of the same name.
The first trucks of the TATA Motors had the Mercedes logo
TATA motors had a technical collaboration with Daimler Benz, a merged company that manufactures the Mercedes-Benz cars. Due to this, the first trucks produced had the Mercedes-Benz logo.
TATA Steel acquired the Corus group in 2007
TATA completed the biggest corporate takeover by acquiring the Anglo-Dutch steel manufacturer Corus Group in 2007 April.
The TATA logo has a unique meaning
It symbolizes fluidity and adaptability. The color blue stands for excellence, reliability, and strength of the company’s products.
Conclusion
Though companies are created and organized to make money and fame, the same is not the story for TATA. Jamshedji TATA built his company with the simple mission of “making people’s lives better”. It paved the way for all the industries that followed by acting as the pioneer of almost all of them. With an estimated revenue of US dollars 106 billion according to 2020, the TATA group stands as one of the biggest groups not only in India but all over the world.
FAQs
Who is founder of Tata Group?
Jamsetji Tata has founded Tata group in 1868.
How many companies are there in Tata group?
There are 30 companies across 10 clusters in Tata group.
What is the no. of employees in Tata group?
There are 750,000 employees in Tata group (2020).
Author: Sushree Sangeeta Behera
Source : https://startuptalky.com/tata-interesting-facts/
Date : 2021-08-29T04:56:00.000Z