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India - Tata Group
The Tata Group is headed by Group chairman Ratan Tata. The Group Executive
Office and the Group Corporate Centre are the two decision-making bodies that
define and direct the business endeavours of the Tata Group. Each company has
its own management.
The Tata Group's business activities are conducted through 98 companies
operating in seven business sectors. It has a presence in six continents and
holds leadership positions in many industry segments, among them tea, software,
automobiles, energy and hospitality. With revenues, in 2006-07, of $28.8 billion
(Rs129,994 crore), it has a market capitalisation of $77.5 billion as on January
3, 2008.
Established in 1962, Tata International has evolved from an export
house into an international marketing company with a global turnover of US$1.6
billion in 2005-6. Its operations are organised into two business lines:
• Leather and
• Engineering.
With the worldwide reach provided by a well-integrated network that spans major
global trade blocs, the company has strengthened its capability to source
globally, deliver world-class quality, work with global brands, and has
developed some key international alliances for sustaining future growth. The
company exports to more than 100 countries, with its major markets being Europe,
the ASEAN countries, West Asia, the Far East, and Africa. Tata International's
operations are organised into five global business units (GBUs).
Established in 1945, Tata Motors is India's largest automobile
company, with revenues of Rs 24,000 crore (USD 5.5 billion) in 2005-06. The
company began manufacturing commercial vehicles in 1954 with a 15-year
collaboration agreement with Daimler Benz of Germany. It is the leader by far in
commercial vehicles in each segment, and the second-largest in the passenger
vehicles market with winning products in the compact, midsize and utility
vehicle segments. The company is the world's fifth-largest medium and heavy
commercial vehicle manufacturer.
Tata Motors owes its leading position in the Indian automobile industry to
its strong focus on indigenisation.
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