Be it the kitchen of the house or a trip in the sky… you will definitely see the name of Tata. Why not, after all Tata Group, one of the oldest business houses of the country, has more than 100 companies and their business is spread in almost every sector. Be it salt, water, tea-coffee or watches-jewellery, car or plane. Under the leadership of former chairman of Tata Sons Ratan Tata, these companies reached great heights and expanded business in the world, but do you know who handles hundreds of companies now after his removal from the post of chairman and how each and every decision related to them is taken?
Tata’s journey started in 1868
The journey of Tata Group started much before India’s independence in the year 1868 as a trading firm and now its business is spread not only in the country but also abroad. It is doing business in association with about 100 subsidiary companies including listed and unlisted companies in the stock market. Tata’s empire is so big that it is active in more than 100 countries in 6 continents, while its products are available in 150 countries.
Providing employment to more than 1 lakh people
Talking about the revenue of the country’s first luxury hotel, first airline or the first Indian consumer goods company Tata Group, it was $165 billion in the financial year 2023-24. At the same time, the number of employees working in Tata Group companies worldwide has reached 1,028,000 (as per FY23). The group’s IT company Tata Consultancy Services (TCS) is among the largest companies in the world in terms of number of employees and 6,14,795 employees work in this company alone.
Major Tata companies listed in the stock market
- TCS
- Tata Steel
- Tata Motors
- Titan Company
- Tata Chemicals
- Tata Power
- Indian Hotels Company
- Tata Consumer Product
- Tata Communication
- Voltas Ltd
- Trent Ltd
- Tata Investment Corp
- Tata Metallics
- Tata Elxsi
- Nelco Ltd
- Tata Tech
- Rallis India
With the arrival of Ratan Tata, Tata’s dominance spread across the world
Ratan Tata took this huge business empire built by Jamshedji Tata to great heights. After taking over the reins of the Tata Group in 1991, Ratan Tata made Tata famous in the world for a long time and made the companies profitable. After this, resigning from the post of Chairman of Tata Sons in 2012, he handed over the reins to the late Cyrus Mistry, but many such issues arose that the board removed Mistry and took the responsibility in its hands once again in 2016. However, in 2017, he retired and handed over this responsibility to Natarajan Chandrasekaran. However, Ratan Tata is handling the responsibility of the trust.
Tata Trust holds 66% stake in Tata Sons
Talking about the management of Tata Group and its companies, Tata Sons is the main promoter and principal investor of this group. Tata Trust has 66 percent stake in Tata Sons, which is working in areas like education, health, art, culture. However, since the resignation of Ratan Tata, Chairman N Chandrasekaran is looking after the operations of the group’s companies, but due to Tata Trust having a large stake, Ratan Tata has a role in every decision taken for the companies apart from Chandrasekaran. The companies or businesses of Tata Group are operated independently under the guidance and supervision of their board of directors.
Entry of new generation in Tata Trust
Apart from Ratan Tata, Vijay Singh and Mehli Mistry are other trustees in Tata Trust. The new generation of Tata family has also entered it. The three children of Ratan Tata’s brother Noel Tata have been included in the board of Tata Medical Center Trust, a subsidiary of Tata Group. These include Leah Tata, Maya Tata and Neville Tata. Not only this, Ratan Tata’s younger brother Jimmy Tata is also a member of the 132-year-old Tata Trust.
Works and products of major Tata companies
Consumer and Retail Sector: Tata Group sells everything from consumer durables to tea and water. Tata Chemicals, Tata Consumer Products, Voltas, Titan, Infinity Retail’s Croma brand, Trent Limited are active in this sector. Tata Tea, Tata Salt, Tata Sampann brand Masala, Titan watches, Tanishq Jewellery, Starbucks Coffee and many other things come under this.
Tourism and Travel: The Tata Group has been in the travel, hospitality and tourism industry since the establishment of the Taj Mahal Hotel in 1903. Its Indian Hotels Company (IHCL) is a giant in this sector. Air India is also flying under the leadership of Tata.
IT Sector: The country’s largest company in the IT sector is Tata Consultancy Services (TCS) of Tata Group, which has operations all over the world. Apart from this, Tata Elxsi is the world’s leading service provider in design and technology services.
Automotive sector: The name of Tata Motors is famous all over the world. Once Ratan Tata had decided to sell the motor division of this company, but after the insult he received from Ford Motors, he changed his decision and brought Tata Motors to this position. From the cheap Nano car to Jaguar and Land Rover, all come under this company of Tata Group.
Steel and Infrastructure: Tata Steel dominates the steel sector. Tata Power, Tata Projects, Tata Housing, Tata Consulting Engineers, Tata Realty and Infrastructure are working in the infrastructure, energy and realty sectors.
Telecom-Media Sector: Many Tata companies are also working in these sectors, including Tata Communications, Tata Sky and Tata Teleservices. Tata International, Tata Industries and NBFC Tata Investment Corp are active in the trading and investments sector. Talking about the insurance sector, Tata is in a joint venture with AIA and AIG.
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