Tata
Motors Limited is India’s largest automobile company,
with revenues of Rs.
24,000
crores (USD 5.5 billion) in 2005-06.
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 car and utility vehicle
segments. The company is the world’s fifth largest medium
and heavy commercial vehicle manufacturer.
The company’s 22,000 employees are guided by the vision
to be “best in the manner in which we operate, best
in the products we deliver, and best in our value system and
ethics.”
Established in 1945, Tata Motors' presence indeed cuts across the length and breadth of India. Close to 4 million Tata vehicles ply on Indian roads, since the first rolled out in 1954. The company's manufacturing base is spread across Jamshedpur, Pune and Lucknow, supported by a nation-wide dealership, sales, services and spare parts network comprising over 2,000 touchpoints.
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 a global automotive company. In
2004, it acquired the Daewoo Commercial Vehicles Company,
Korea’s second largest truck maker. The rechristened
Tata Daewoo Commercial Vehicles Company has already begun
to launch new products. In 2005, Tata Motors acquired a 21%
stake in Hispano Carrocera, a reputed Spanish bus and coach
manufacturer, with an option to acquire the remaining stake
as well. Hispano’s presence is being expanded in other
markets.
In 2006, it has formed a joint venture with the Brazil-based Marcopolo, a global leader in body-building for buses and coaches, to manufacture and assemble fully-built buses and coaches. Tata Motors and the Fiat Group have recently signed a memorandum of understanding to establish an industrial joint venture in India to manufacture passenger vehicles, engines and transmissions for the Indian and overseas markets; Tata Motors already distributes and markets Fiat branded cars in India.
These acquisitions will further extend Tata Motors’
global footprint, established through exports since 1961.
The company’s commercial and passenger vehicles are
already being marketed in several countries in Europe, Africa,
the Middle East, Australia, South East Asia and South Asia.
It has assembly operations in Malaysia, Kenya, Bangladesh,
Spain, Ukraine, Russia and Senegal.
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Tata Motors has a global presence with exports
of vehicles to several countries in Europe, Africa, South
America, Middle East, Asia and Australia and assembly operations
in Malaysia, Bangladesh, Kenya, South Africa, Ukraine and
Russia. The Company's vehicles are known for their reliability,
durability, safety, comfort and value for money.
The foundation of the company’s growth over the last
50 years is a deep understanding of economic stimuli and customer
needs, and the ability to translate
them into customer-desired offerings through leading edge
R&D. With 1,400 engineers and scientists, the company's Engineering Research Centre, established in 1966, has enabled pioneering technologies and products. The company today has R&D centres in Pune, Jamshedpur, Lucknow, in India, and in South Korea, Spain, and the UK.
The pace of new product development has quickened. In 2005,
Tata Motors created a new segment by launching the Tata Ace,
India’s first indigenously developed mini-truck. The
years to come will see the introduction of several other innovative
vehicles, all rooted in emerging customer needs. Besides product
development, R&D is also focussing on environment-friendly
technologies in emissions and alternative fuels.
Through its subsidiaries, the company is engaged in engineering and automotive solutions, construction equipment manufacturing, auto finance, automotive vehicle components manufacturing and supply chain activities, machine tools and factory automation solutions, high-precision tooling and plastic and electronic components for automotive and computer applications, and automotive retailing and service operations.
True to the tradition of the Tata Group, Tata Motors is committed
in letter and spirit to Corporate Social Responsibility. It
is a signatory to the United Nations Global Compact, and is
engaged in community and social initiatives on human rights,
labour and environment standards in compliance with the principles
of the Global Compact. Simultaneously, it also plays an active
role in community development, serving rural communities adjacent
to its manufacturing locations.
With the foundation of its rich heritage, Tata Motors today
is etching a refulgent future.
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