Tata Motors Ltd.-

Tata Motors Limited, a renowned Indian multinational automotive manufacturer headquartered in Mumbai, India, is an integral part of the Tata Group. The company specializes in the production of a diverse range of vehicles, including passenger cars, trucks, vans, coaches, and buses.

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Originally known as Tata Engineering and Locomotive Company (TELCO), Tata Motors was established in 1945 with a primary focus on locomotive manufacturing. The company’s journey in the automotive sector began in 1954 when it collaborated with Daimler-Benz AG to create its first commercial vehicle. This partnership concluded in 1969. Tata Motor:s made its entry into the passenger vehicle market in 1988 with the introduction of the TataMobile, followed by the Tata Sierra in 1991. This move marked a significant milestone, as Tata Motor”s became the pioneering Indian manufacturer capable of developing competitive indigenous automobiles. In 1998, Tata unveiled the Indica, its first fully indigenous Indian passenger car, and later introduced the Tata Nano in 2008. Expanding its global footprint, Tata Motors acquired South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004. Notably, the company also gained ownership of Jaguar Land Rover in 2008, following its acquisition from Ford.

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Tata Motors’ key subsidiaries include the prestigious British carmaker Jaguar Land Rover, known for crafting luxury vehicles under the Jaguar and Land Rover brands, and the South Korean commercial vehicle manufacturer Tata Daewoo. Additionally, Tata Motors is engaged in joint ventures, such as Tata Hitachi Construction Machinery with Hitachi for construction equipment manufacturing, and collaboration with Stellantis for producing automotive components and vehicles under the Tata and Fiat Chrysler brands. Noteworthy is the $1 billion investment made by private equity firm TPG in Tata Motors’ electric vehicle subsidiary on October 12, 2021.

Tata Motors’ manufacturing and vehicle plants are strategically located in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India and in international locations including Argentina, South Africa, the United Kingdom, and Thailand. The company’s research and development endeavors are carried out in centers situated in Pune, Jamshedpur, Lucknow, and Dharwad in India, as well as in the United Kingdom, South Korea, and Spain. Tata Motors is publicly listed on the Bombay Stock Exchange (BSE), where it forms a part of the BSE SENSEX index, as well as on the National Stock Exchange of India and the New York Stock Exchange. In 2019, the company secured the 265th spot on the Fortune Global 500 list, which ranks the world’s largest corporations.

On January 17, 2017, Natarajan Chandrasekaran was appointed as the chairman of Tata Motors, a significant development within the Tata Group. Notably, in FY2019, Tata Motors achieved a remarkable market share of over 8% in the Utility Vehicle (UV) segment.