TATA motors indian multinational vehicle manufacturing company

Tata Motors

Indian multinational vehicle manufacturing company

 

Tata Motors Limited is an Indian multinational car manufacturing company, headquartered in Mumbai, India, which is phase of the Tata Group. The enterprise produces passenger cars, trucks, vans, coaches, and buses.

 

 

Quick Facts Formerly, Type ...

Tata Motors Ltd

 

Formerly

Tata Engineering and Locomotive Company Ltd. (TELCO)

Type

Public

Traded as

BSE: 500570

NSE: TATAMOTORS

NSE NIFTY 50 Constituent

ISIN

IN9155A01020

Industry

Automotive

Founded

1945; seventy eight years ago

Founder

Jehangir Ratanji Dadabhoy Tata

Headquarters

Mumbai, Maharashtra, India

Area served

Worldwide

Key people

Natarajan Chandrasekaran (Chairman)

 

Guenter Butschek (CEO)

Martin Uhlarik (CDO)

Products

Automobiles

Luxury vehicles

Commercial vehicles

Automotive parts

Pickup trucks

SUVs

Production output

Increase 1.1 Million (approx) (2021)

Services

Automotive finance

Vehicle leasing

Vehicle service

Revenue

Increase ₹350,600.15 crore (US$44 billion) (2023)

Operating income

Increase ₹7,059.30 crore (US$880 million) (2023)

Net income

Increase ₹2,414.30 crore (US$300 million) (2023)

Total assets

Increase ₹336,081.38 crore (US$42 billion) (2023)

Total equity

Increase ₹45,321.80 crore (US$5.7 billion) (2023)

Number of employees

59,000+(2022)

Parent

Tata Group

Subsidiaries

Tata Motors Cars

Jaguar Land Rover

Tata Daewoo

Tata Marcopolo

Tata Technologies

Tata Hispano

Tata Hitachi Construction Machinery

Rating

S&P BB/Stable

Website

www.tatamotors.com Edit this at Wikidata

Close

Formerly acknowledged as Tata Engineering and Locomotive Company (TELCO), the business enterprise used to be situated in 1945 as a producer of locomotives. The enterprise manufactured its first business automobile in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered the passenger automobile market in 1988 with the launch of the TataMobile observed via the Tata Sierra in 1991, turning into the first Indian producer to gain the functionality of creating a aggressive indigenous automobile. In 1998, Tata launched the first wholly indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano. Tata Motors obtained the South Korean truck producer Daewoo Commercial Vehicles Company in 2004. Tata Motors has been the father or mother employer of Jaguar Land Rover considering the enterprise mounted it for the acquisition of Jaguar Cars and Land Rover from Ford in 2008.

 

Tata Motors' major subsidiaries encompass British top rate vehicle maker Jaguar Land Rover (the maker of Jaguar and Land Rover cars) and the South Korean industrial car producer Tata Daewoo. Tata Motors has a construction-equipment manufacturing joint undertaking with Hitachi (Tata Hitachi Construction Machinery), and a joint mission with Stellantis which manufactures automobile aspects and Fiat Chrysler and Tata branded vehicles. On 12 October 2021, personal fairness company TPG invested $1 billion in Tata Motors' electric powered automobile subsidiary.

 

Tata Motors has auto manufacturing and car vegetation in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as nicely as in Argentina, South Africa, the United Kingdom, and Thailand. It has lookup and improvement centres in Pune, Jamshedpur, Lucknow, Dharwad, India and South Korea, the United Kingdom, and Spain. Tata Motors is listed on the BSE (Bombay Stock Exchange), the place it is a constituent of the BSE SENSEX index, the National Stock Exchange of India, and the New York Stock Exchange. The organization is ranked 265th on the Fortune Global five hundred listing of the world's largest firms as of 2019.

 

On 17 January 2017, Natarajan Chandrasekaran used to be appointed chairman of the agency Tata Group. Tata Motors elevated its UV market share to over 8% in FY2019.

 

History

 

Tata Sierra (1991-2000)

 

Tata Sumo (1994–2019)

Tata Motors was once based in 1945, as a locomotive manufacturer. Tata Group entered the business automobile area in 1954 after forming a joint project with Daimler-Benz of Germany in which Tata developed a manufacturing facility in Jamshedpur for Daimler lorries. By the November of 1954 Tata and Daimler manufactured their first items service chassis at their Jamshedpur plant with 90-100 hp and ability of 3-5 tons. After years of dominating the business automobile market in India, Tata Motors entered the passenger automobile market in 1991 via launching the Tata Sierra, a game utility car based totally on the Tata Mobile platform. Tata consequently launched the Tata Estate (1992; a station wagon sketch primarily based on the before Tata Mobile), the Tata Sumo (1994, a 5-door SUV) and the Tata Safari (1998).[citation needed]

 

 

Tata Indica (first generation)

Tata launched the Indica in 1998. A more recent version of the car, named Indica V2, later appeared. Tata Motors additionally exported motors to South Africa.

 

In the 2000s, Tata Motors made a collection of acquisitions and partnerships, obtaining Daewoo's South Korea-based truck manufacturing unit, a joint mission with the Brazil-based Marcopolo, Tata Marcopolo Bus, Jaguar Land Rover., Hispano Carrocera, and an 80% stake in the Italian diagram and engineering organisation Trilix.

 

Operations

Tata Motors has car meeting operations in India, the United Kingdom, South Korea, Thailand, Spain, and South Africa(Formerly). It plans to set up vegetation in Turkey, Indonesia, and Eastern Europe.

 

Tata Motors Cars

Main article: Tata Motors Cars

Tata Motors Cars is a division of Tata Motors which produces passenger vehicles below the Tata Motors hood. Tata Motors is amongst the pinnacle 5 passenger car manufacturers in India with merchandise in the compact, midsize car, and utility automobile segments. The company's manufacturing base in India is unfold throughout Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Dharwad (Karnataka) and Sanand (Gujarat). Tata's dealership, sales, service, and spare components community incorporate over 3,500 touchpoints. Tata Motors has extra than 250 dealerships in greater than 195 cities throughout 27 states and 4 Union Territories of India. It has the third-largest income and carrier community after Maruti Suzuki and Hyundai.

 

Tata additionally has franchisee/joint project meeting operations in Kenya, Bangladesh, Ukraine, Russia, and Senegal. Tata has dealerships in 26 nations throughout four continents. Tata is existing in many countries, it has managed to create a massive client base in the Indian subcontinent, particularly India, Bangladesh, Bhutan, Sri Lanka and Nepal. Tata is additionally existing in Italy, Spain, Poland, Romania, Turkey, Chile, South Africa, Oman, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, Bahrain, Iraq, Syria and Australia.

 

Tata Daewoo

Main article: Tata Daewoo

 

Tata LPT Trucks made at distant places plants

Tata Daewoo (officially Tata Daewoo Commercial Vehicle Company and previously Daewoo Commercial Vehicle Company) is a business car producer headquartered in Gunsan, Jeollabuk-do South Korea, and a thoroughly owned subsidiary of Tata Motors. It is the second-largest heavy business automobile producer in South Korea and used to be received through Tata Motors in 2004. The essential motives in the back of the acquisition had been to limit Tata's dependence on the Indian business car market (which was once accountable for round 94% of its income in the MHCV phase and round 84% in the mild industrial automobile segment) and extend its product portfolio by using leveraging on Daewoo's strengths in the heavy-tonnage sector.

 

Tata Motors has at the same time labored with Tata Daewoo to improve vans such as Novus and World Truck and buses consisting of GloBus and StarBus. In 2012, Tata started growing a new line to manufacture aggressive and fuel-efficient business motors to face the opposition posed through the entry of global manufacturers such as Mercedes-Benz, Volvo, and Navistar into the Indian market.

 

Tata Hispano

Main article: Tata Hispano

Tata Hispano Motors Carrocera, S.A. was once a bus and instruct producer based totally in Zaragoza, Aragon, Spain, and a absolutely owned subsidiary of Tata Motors. Tata Hispano has vegetation in Zaragoza, Spain, and Casablanca, Morocco. Tata Motors first received a 21% stake in Hispano Carrocera SA in 2005, and bought the last 79% for an undisclosed sum in 2009, making it a totally owned subsidiary, because of this renamed Tata Hispano. In 2013, Tata Hispano ceased manufacturing at its Zaragoza plant.

 

Jaguar Land Rover

 

Range Rover (L405)

Main article: Jaguar Land Rover

Land Rover Defender

Land Rover Defender

Jaguar Land Rover PLC is a top class British automaker headquartered in Whitley, Coventry, United Kingdom, and has been a absolutely owned subsidiary of Tata Motors considering June 2008, when it was once received from Ford Motor Company of USA. Its most important recreation is the development, manufacture and sale of Jaguar luxurious and sports activities vehicles and Land Rover top rate four-wheel-drive vehicles.

 

Jaguar Land Rover has two sketch centres and three meeting plant life in the United Kingdom. Under Tata ownership, Jaguar Land Rover has launched new cars inclusive of the Range Rover Evoque, Jaguar F-Type, the Jaguar XE, the Jaguar XJ (X351), the second-generation Range Rover Sport, and Jaguar XF, the fourth-generation Land Rover Discovery, Range Rover Velar and the Range Rover (L405).

 

 

Land Rover Discovery Sport

JD Power, of the US, fees Land Rover and Jaguar as the two worst manufacturers for preliminary quality.  The Jaguar F-Pace made Consumer Reports February 2019 listing of the 10 Least Reliable Cars. The editors referred to "electronics, force system, energy equipment, noises and leaks" as complicated aspects.

 

The Jaguar Land Rover subsidiary used to be struggling by using 2019 and Tata Motors wrote down its funding in JLR by means of $3.9 billion. Much of the monetary trouble used to be due to a 50% drop in income in China throughout 2019, even though the scenario used to be improving. Still, Tata was once open to thinking about a partnership with some other business enterprise in accordance to a assertion in mid-October, as lengthy as the partnership settlement would permit Tata to preserve manipulate of the business. The business enterprise dominated out the possibility of a sale of JLR to any other entity.

 

In July 2023, Tata introduced the its plans to construct an electric powered vehicle battery manufacturing facility in the UK, which will be one of the biggest of its type in Europe. Located in Bridgwater, Somerset, the manufacturing unit will furnish Jaguar Land Rover's future battery electric powered models, along with the Range Rover, Defender, Discovery and Jaguar brands, with the conceivable to additionally grant different automobile manufacturers. Production at the new facility is due to begin in 2026.

 

TML Drivelines

TML Drivelines Ltd. is a completely owned subsidiary of Tata Motors engaged in the manufacture of gearboxes and axles for heavy and medium business vehicles. It has manufacturing services at Jamshedpur and Lucknow. TML Forge division is additionally a current acquisition of TML Drivelines. TML Drivelines used to be shaped thru the merger of HV Transmission and HV Axles .

 

Tata Technologies

Tata Technologies Limited (TTL) is a 43%-owned subsidiary of Tata Motors which gives design, engineering, and commercial enterprise technique outsourcing offerings to the car industry. It is headquartered in Pune's Hinjawadi commercial enterprise district and additionally has operations in London, Detroit and Thailand. Its purchasers consist of Ford, General Motors, Honda, and Toyota.

 

The British engineering and diagram offerings agency Incat International, which specialises in engineering and graph offerings and product lifecycle administration in the automotive, aerospace, and engineering sectors, is a fully owned subsidiary of TTL. It used to be obtained with the aid of TTL in August 2005 for ₹4 billion.

 

In 2017, TAL, a subsidiary of Tata Motors, manufactured India's first industrial articulated robotic for micro, small, and medium enterprises.

 

European Technical Centre

The Tata Motors European Technical Centre (TMETC) is an automobile design, engineering, and lookup corporation based totally at WMG, University of Warwick on the campus of the University of Warwick in England. It was once set up in 2005 and is a fully owned subsidiary of Tata Motors. It was once the joint developer of the World Truck.

 

In September 2013, it used to be announced that a new National Automotive Innovation Campus would be constructed at WMG at Warwick's primary campus at a value of £100 million. The initiative will be a partnership between Tata Motors, the university, and Jaguar Land Rover, with £30 million in funding coming from Tata Motors.

 

Joint ventures

Tata Marcopolo

Main article: Tata Marcopolo

 

A Tata Marcopolo bus in use in Chandigarh, India

Tata Marcopolo is a bus-manufacturing joint mission between Tata Motors (51%) and the Brazil-based Marcopolo S.A. (49%). The joint challenge manufactures and assembles wholly constructed buses and coaches centered at creating mass fast transportation systems. It makes use of technological know-how and know-how in chassis and aggregates from Tata Motors, and expertise in procedures and structures for bodybuilding and bus physique diagram from Marcopolo. Tata Marcopolo has launched a low-floor town bus which is broadly used by using transport firms in many Indian cities. Its manufacturing facility is primarily based in Dharwad, Karnataka State, India and Lucknow, India.

 

Tata Motors is anticipated to purchase the 49% stake held by using its companion Marcopolo in the bus-making joint challenge for ₹100 crore by using February 2021. The subsidiary will proceed with the ‘Marcopolo’ trademark for a minimal of three years with a non-compete provision in India for a corresponding period.

 

Fiat-Tata

Fiat-Tata is an India-based joint project between Tata and Stellantis' Fiat which produces Fiat and Tata branded passenger cars, as nicely as engines and transmissions. Tata Motors has won get right of entry to to Fiat's diesel engine and transmission technological know-how via the joint venture.

 

The two organizations previously additionally had a distribution joint undertaking thru which Fiat merchandise had been offered in India thru joint Tata-Fiat dealerships. This distribution association was once ended in March 2013; Fiats have considering the fact that been dispensed in India by way of Fiat Automobiles India Limited, a utterly owned subsidiary of Fiat and now Tata Motors.

 

Tata Hitachi Construction Machinery

Main article: Tata Hitachi Construction Machinery

Tata Hitachi Construction Machinery is a joint project between Tata Motors and Hitachi which manufactures excavators and different development equipment.[citation needed] It was once beforehand acknowledged as Telcon Construction Solutions.[citation needed]

 

Tata Motors European Technical Centre

The TATA Motors European Technical Centre is an car design, engineering, and lookup company.[citation needed] Company primarily based at WMG, University of Warwick in the United Kingdom.[citation needed] It used to be installed in 2005 and is fully owned subsidiary of Tata Motors. It used to be the joint developer of the World Truck.[citation needed] In September 2013 it used to be introduced that a new National Automotive Innovative Campus would be constructed at WMG at Warwick's primary campus at a value of ninety two million pounds. The initiative will be a partnership between Tata Motors, the university, and Jaguar Land Rover, with the 30 million kilos in funding coming from Tata Motors.

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