|Mar 24, 2017|
|Mar 24, 2017|
Currency in INR
|Full time employees:||79,419|
Tata Motors Ltd. is a automobile company, which manufactures commercial and passenger vehicles. It operates through two reportable segments: Automotive and Other Operations. The Company's automotive operations are further subdivided into Tata and other brand vehicles (including vehicle financing) and Jaguar Land Rover. The Automotive segment operations include all activities relating to the development, design, manufacture, assembly and sale of vehicles including vehicle financing, as well as sale of related parts and accessories. This segment further categorized as passenger cars, utility vehicles, light commercial vehicles, and medium and heavy commercial vehicles. The Other Operations segment includes information technology services, and machine tools and factory automation solutions. Tata Motors was founded on September 1, 1945 and is headquartered in Mumbai, India.
Tata Motors is a core company of Tata group, one of India's three largest conglomerates. It occupies the leading position in the Indian commercial vehicle market and has also ranked among the top five passenger car brands in the country. With a strong emphasis on exports, the company runs auto manufacturing and assembly plants in South Africa and the U.K. and currently operates in more than 170 countries.
Founded in 1945 as a manufacturer of commercial vehicles, Tata Motors initially focused on production of trucks and buses for the domestic market. Tata Motors' transformation into a passenger car manufacturer started in the latter half of the 1990s. Its Indica compact car, released in 1998, proved to be a big hit and helped the company solidify its status as a passenger-car maker. In 2009, the company made a global splash when it unveiled its ultralow-cost Nano at a price of 100,000 rupees (around $2,000 at the time).
Tata Motors is known for its highly active mergers-and-acquisitions strategy. The Indian company acquired South Korean automaker Daewoo's truck manufacturing unit in 2004, and it bought the U.K. luxury car brand Jaguar Land Rover in 2008. These deals set the stage for Tata Motors' accelerated global expansion.
The company's largest shareholder is Tata Sons, the holding company of Tata group. The Indian automaker is under the leadership of Tata group Chairman Cyrus Mistry. It is listed on the New York Stock Exchange since 2004.
In the news
March 22, 2017 9:41 pm JST
March 15, 2017 8:11 pm JST
March 10, 2017 11:10 pm JST
March 10, 2017 9:30 pm JST
March 9, 2017 9:22 pm JST
March 8, 2017 11:06 pm JST
- Local currency
- US Dollar
|Income before tax||139,808.7M|
|Dividends per share||0.2|
|Operating cash flow||342,886.4M|
Currency in INR
|Income before tax||2,135.43M|
|Dividends per share||0.00|
|Operating cash flow||5,237.23M|
Currency in USD
- Chief Executive Officer, Director & MD: Günter Karl Butschek
- President & Group Chief Financial Officer: Chandrasekaran Ramakrishnan
- Head-Corporate & Global operations: Suresh Rangarajan
- Chief Information Officer: Belwal C. Jagdish
- Secretary & Chief Compliance Officer: Hoshang K. Sethna
- Tata Sons Ltd.(31.4%)
- Life Insurance Corp. of India(5.1%)
- Tata Steel Ltd.(2.9%)
- GIC Pte Ltd. (Investment Management)(1.6%)
- BlackRock Fund Advisors(1.4%)
- ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(1.3%)
- Abu Dhabi Investment Authority (Investment Management)(1.3%)
- The Vanguard Group, Inc.(1.1%)
- Dimensional Fund Advisors LP(0.8%)
- ICICI Prudential Asset Management Co. Ltd.(0.7%)
- Website: http://www.tatamotors.com
- Address: Bombay House, 24, Homi Mody Street, Mumbai, 400001, India
- Phone: +91.22.66658282
Copyright © 2017 FactSet Research Systems Inc. All rights reserved.