Introduction
Tata Motors Limited is India's largest automobile company, with revenue of Rs. 1,88,818 crores in 2012-13. It was established in 1945 and is present across the length and breadth of the country. Today, it is world’s second largest manufacturer of commercial vehicles, fourth largest truck manufacturer and second largest bus manufacturer.
It has over 60,000 employees guided by the company’s mission "to be passionate in anticipating and providing the best vehicles and experiences that excite the customers globally.” It has its manufacturing bases in Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Sanand (Gujarat) and Dharwad (Karnataka). The company's dealership, sales, services and spare parts network consists of over 3,500 touch points. It also has centres for research and development in Pune, Jamshedpur, Lucknow, Dharwad in India, and South Korea, Spain and UK.
It is a dual-listed company traded on both the Bombay Stock exchange and the New York Stock Exchange (September 2004). It has emerged as an international automobile company. Tata Motors has its operations in UK, South Korea, Thailand, Spain, South Africa and Indonesia through its subsidiaries and associate companies.
Milestones
It launched the first indigenously developed Light Commercial Vehicle in 1986. It also introduced India's first Sports Utility Vehicle in 1991 and the Tata Indica, India’s first completely indigenous passenger car in 1998. Tata Indica received immediate success, since it was inexpensive and comparatively easy to build and maintain. It was also exported to Europe and Italy. Second generation of Indica, V2 was even more successful. Its huge success gave Tata Motors the financial power to take over Daewoo Motors in 2004, which in turn gave Tata Motor’s brand an international exposure. In 2005, Tata Motors created a new segment of mini-trucks by launching Tata Ace. In