The Tata Group
is composed of more than 100 companies in seven different industries:
chemicals, consumer products, energy, services, materials, engineering and
information and communications technology. The group is operating in over 80
countries.
The revenues of
the whole group were recorded at $83.3 billion in 2011. More than half of the
revenues come from markets outside India. Tata Group employs more than 425,000
workers worldwide.
Each Tata
Subsidiary operates independently. Each company operates independently; that
is, it has its own board and stockholders. Thirty-one
of these companies are publicly traded, with combined capitalization of
$86.53 billion as of May 11, 2012.
More than 60% of
Tata Sons, the holding company, is devoted for philanthropic
activities that create science and technology institutions, help medical
researches, and promote performing arts. It was reported that Tata Group has
spent 3% of the group’s 2011 net profit for development-related activities that
year.
The conglomerate
was established by Jamsetji Tata in 1868.
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