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Brief History of Growth and Development of Tata Motors

Tata Motors was established in 1945 as Tata Engineering and Locomotive Co. Ltd. to manufacture locomotives and other engineering products. It is now India's largest automobile company with standalone revenues of Rs. 25,660.79 crores in 2008-09, and is a leader in commercial vehicles and among the top three in passenger vehicles. Tata Motors has a presence across India and internationally through subsidiaries and associates in the UK, South Korea, Thailand and Spain, including Jaguar Land Rover acquired in 2008.

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Gaurav Chaudhary
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26 views

Brief History of Growth and Development of Tata Motors

Tata Motors was established in 1945 as Tata Engineering and Locomotive Co. Ltd. to manufacture locomotives and other engineering products. It is now India's largest automobile company with standalone revenues of Rs. 25,660.79 crores in 2008-09, and is a leader in commercial vehicles and among the top three in passenger vehicles. Tata Motors has a presence across India and internationally through subsidiaries and associates in the UK, South Korea, Thailand and Spain, including Jaguar Land Rover acquired in 2008.

Uploaded by

Gaurav Chaudhary
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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BRIEF HISTORY OF GROWTH AND DEVELOPMENT OF TATA

MOTORS.

Tata Motors was established in 1945 as Tata Engineering and Locomotive Co. Ltd. to
manufacture locomotives and other engineering products. It is India's largest automobile company,
with standalone revenues of Rs. 25,660.79 crores (USD 5.5 billion) in 2008–09. It is the leader in
commercial vehicles in each segment, and among the top three in passenger vehicles with winning
products in the compact, midsize car and utility vehicle segments. The company is the world's fourth
largest truck manufacturer, and the world's second largest bus manufacturer.

The company's 23,000 employees are guided by the vision to be 'best in the manner in which
they operate best in the products they deliver and best in their value system and ethics.'

Tata Motors' presence indeed cuts across the length and breadth of India. Over 4 million Tata
vehicles ply on Indian roads, since the first rolled out in 1954. The company's manufacturing base in
India is spread across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh),
Pantnagar (Uttarakhand) and Dharwad (Karnataka).

Tata Motors, the first company from India's engineering sector to be listed in the New York
Stock Exchange (September 2004), has also emerged as an international automobile company.
Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea,
Thailand and Spain. Among them is Jaguar Land Rover, a business comprising the two iconic British
brands that was acquired in 2008. In 2004, it acquired the Daewoo Commercial Vehicles Company,
South Korea's second largest truck make

In May 2009, Tata Motors ushered in a new era in the Indian automobile industry, in keeping
with its pioneering tradition, by unveiling its new range of world standard trucks. In their power, speed,
carrying capacity, operating economy and trims, they will introduce new benchmarks in India and
match the best in the world in performance at a lower life–cycle cost.

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