About Tata Motors
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With revenues of more than Rs. 35,000 crores in the year 2007-2009, Tata Motors Limited is the largest automobile company of India. It is a part of the giant Tata Group. Besides being the leader in commercial vehicles in almost each segment, it is the world’s second largest bus manufacturer and fourth largest truck manufacturer. It is one of the top three passenger vehicles manufacturers and has created winning products in the midsize car and other utility vehicle segments.
The vision of the Tata Motors is to be the “best in the manner in which we operate, best in the products we deliver, and best in our value system and ethics” and every employee working under the group is guided by the same vision. The company saw its birth in the year 1945 in India. Today, more than 4 million Tata vehicles can be seen on the Indian roads. The manufacturing base of the Tata Motors is spread all across the nation. The manufacturing base is in Jamshedpur (Jharkhand), Lucknow (Uttar Pradesh), Pune (Maharashtra), Dharwad (Karnataka) and Pantnagar (Uttarakhand).
Recently enough, in the year 2005, the Tata Motors has begun an industrial joint venture with the Fiat Group Automobiles, following a strategic alliance with the Group. The joint venture develops both Tata and Fiat cars along with Fiat power-trains at Ranjangaon (Maharashtra). Tata Motors is planning to start a new plant soon in the near future at Sanand (Gujarat). The dealership, services, sales and spare parts network of the company consists of more than 3500 touch points. The company also markets and distributes the Fiat cars in India.
The achievements of Tata Motors are not limited to the Indian market only. It has become one of the renowned names in the International automobile market too. In September 2004, the New York Stock Exchange listed Tata Motors and it is the first company from the engineering sector of India to have got a place in the listing of the New York Stock Exchange. With the help of its associate companies and subsidiaries, Tata Motors has begun its operations in South Korea, UK, Spain and Thailand too. It acquired the Daewoo Commercial Vehicles Company in the year 2004 and since then there has been no looking back for this organization. From time to time, it has acquired a few more such companies to make its own place in the International automobile market.
Tata Motors has always been interested in the International market and has been giving constant efforts to expand its international footprints. Since its export business in 1961, the company is gradually improving in its International business. Today, the company markets its passenger as well as commercial vehicles in popular countries like Africa, Europe, South Asia, South America, South East Asia and the Middle East. Tata Motors’ franchisee and joint venture assembly operations are located in Bangladesh, Russia, Kenya, Senegal and Ukraine.
Summary: Tata Motors has made the Indian automobile industry proud in the International automobile market. Since its establishment, the company has been gradually improving in its business and acquiring other companies’ business and expanding its international footprints. Today, it is the largest automobile company of India and has a good place in the International market.
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Source by Chander shekhar Riat
