Public | |
Traded as | : (BSE SENSEX Constituent) : TATAMOTORS : TTM |
Industry | Automotive |
Founded | 1945 |
Headquarters | Mumbai, India |
Area served
|
Worldwide |
Key people
|
Natarajan Chandrasekaran (Chairman) Chandrasekaran Ramakrishnan (President and Group CFO) Guenter Butschek (CEO) |
Products |
Automobiles Commercial vehicles Coaches Buses Construction equipment Military vehicles Automotive parts |
Services | Automotive design, engineering and outsourcing services Vehicle leasing Vehicle service |
Revenue | ₹2.76 trillion (US$41 billion) (2016) |
₹260.0 billion (US$3.9 billion) (2015) | |
Profit | ₹128.2 billion (US$1.9 billion) (2015) |
Total assets | ₹2.345 trillion (US$35 billion) (2015) |
Total equity | ₹534.9 billion (US$7.9 billion) (2015) |
Number of employees
|
76,500 (2015) |
Parent | Tata Group |
Divisions | Tata Motors Cars |
Subsidiaries |
Jaguar Land Rover Tata Daewoo Tata Hispano |
Website | www |
Tata Motors Limited (formerly TELCO, short for Tata Engineering and Locomotive Company) is an Indian multinational automotive manufacturing company headquartered in Mumbai, India, and a member of the Tata Group. Its products include passenger cars, trucks, vans, coaches, buses, construction equipment and military vehicles.
Tata Motors has auto manufacturing and assembly plants in Jamshedpur, Pantnagar, Lucknow, Sanand, Dharwad, and Pune in India, as well as in Argentina, South Africa, Great Britain and Thailand. It has research and development centres in Pune, Jamshedpur, Lucknow, and Dharwad, India and in South Korea, Great Britain and Spain. Tata Motors' principal subsidiaries purchased the English premium car maker Jaguar Land Rover (the maker of Jaguar and Land Rover cars) and the South Korean commercial vehicle manufacturer Tata Daewoo. Tata Motors has a bus-manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo), a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and Fiat Chrysler and Tata branded vehicles.
Founded in 1945 as a manufacturer of locomotives, the company manufactured its first commercial vehicle in 1954 in a collaboration with Daimler-Benz AG, which ended in 1969. Tata Motors entered the passenger vehicle market in 1991 with the launch of the Tata Sierra, becoming the first Indian manufacturer to achieve the capability of developing a competitive indigenous automobile. In 1998, Tata launched the first fully indigenous Indian passenger car, the Indica, and in 2008 launched the Tata Nano, the world's cheapest car. Tata Motors acquired the South Korean truck manufacturer Daewoo Commercial Vehicles Company in 2004 and purchased Jaguar Land Rover from Ford in 2008.